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Ahwinwin

Ahwinwin

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2022-05-16

$Tesla Motors(TSLA)$Will it hit another all time low at 650 this coming weeks?

2022-02-23

$Tesla Motors(TSLA)$Will it go lower than 800?

2022-01-28

Time to buy in…

@Ahwinwin:$Tesla Motors(TSLA)$Did you managed to catch the wave and buy at 900? Rose back up to 1000 again

2021-12-23

$Tesla Motors(TSLA)$Did you managed to catch the wave and buy at 900? Rose back up to 1000 again

2021-09-15

[Sad]

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

2021-08-23

//@Ahwinwin:Up or down or go home??

Toplines Before US Market Open on Tuesday

2021-08-10

Up or down or go home?

Toplines Before US Market Open on Tuesday

2021-08-07

Ev vehicles!!

Tesla sales surge 98%; company boosts margins on its less-costly electric cars

2021-07-27

Will it go up?

Tesla sales surge 98%; company boosts margins on its less-costly electric cars

2021-07-20

$Tesla Motors(TSLA)$Going to the moon!!

2021-07-15

Going down everyday… anybody onows howto share position to earn coins?

2021-07-14

Please grow more. Slowly but surely.

2021-07-13

Testing 123

Dow narrowly misses first close at 35,000 but all 3 stock indexes log back-to-back record finishes ahead of bank earnings

2021-07-13

Oh nooooo

Does This Shocking CDC Statement Mean Trouble for Pfizer and Moderna?

2021-07-13

Scary…

Does This Shocking CDC Statement Mean Trouble for Pfizer and Moderna?

2021-07-12

Whats next?

Why the meme stock revolution will last

2021-07-11

Oh shucks doesnt that mean i need to buy new ones??

Apple AirPod batteries are almost impossible to replace, showing the need for right-to-repair reform

2021-07-10

Buyyyyyy!!

Sorry, the original content has been removed

2021-07-08

Shiatzzzz ?

Why is the stock market down today?

2021-07-05

Good to know

Five Things You Need to Know to Start Your Day

Go to Tiger App to see more news

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href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Will it hit another all time low at 650 this coming weeks?","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Will it hit another all time low at 650 this coming weeks?","text":"$Tesla Motors(TSLA)$Will it hit another all time low at 650 this coming weeks?","images":[{"img":"https://community-static.tradeup.com/news/b0b345648857a678b09713386fc64b1d","width":"1125","height":"3660"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9020776162","isVote":1,"tweetType":1,"viewCount":930,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"content":"650 really soon!","text":"650 really soon!","html":"650 really soon!"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9097798627,"gmtCreate":1645548886197,"gmtModify":1676534038437,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Will it go lower than 800?","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Will it go lower than 800?","text":"$Tesla Motors(TSLA)$Will it go lower than 800?","images":[{"img":"https://static.itradeup.com/news/164263c19803e4a79bc734123969b406","width":"1125","height":"3555"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9097798627","isVote":1,"tweetType":1,"viewCount":2124,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"content":"How low do you think it will go?","text":"How low do you think it will go?","html":"How low do you think it will 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Rose back up to 1000 again","images":[{"img":"https://static.itradeup.com/news/832c65241be47bd7ff241b9999ae952c","width":"1125","height":"3669"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000401962","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9000401962,"gmtCreate":1640250553871,"gmtModify":1676533511840,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Did you managed to catch the wave and&nbsp;buy at 900? Rose back up to 1000 again","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Did you managed to catch the wave and&nbsp;buy at 900? Rose back up to 1000 again","text":"$Tesla Motors(TSLA)$Did you managed to catch the wave and buy at 900? Rose back up to 1000 again","images":[{"img":"https://static.itradeup.com/news/832c65241be47bd7ff241b9999ae952c","width":"1125","height":"3669"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9000401962","isVote":1,"tweetType":1,"viewCount":958,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"content":"How much have you stocked up?","text":"How much have you stocked up?","html":"How much have you stocked up?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":882228562,"gmtCreate":1631698022756,"gmtModify":1676530611745,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"[Sad]&nbsp;","listText":"[Sad]&nbsp;","text":"[Sad]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":15,"repostSize":0,"link":"https://ttm.financial/post/882228562","repostId":"1148341685","repostType":4,"repost":{"id":"1148341685","kind":"news","pubTimestamp":1631660884,"share":"https://ttm.financial/m/news/1148341685?lang=&edition=fundamental","pubTime":"2021-09-15 07:08","market":"us","language":"en","title":"U.S. stocks close lower on worries over recovery, corporate tax hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1148341685","media":"Reuters","summary":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing","content":"<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.</p>\n<p>Optimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. 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[US/]</p>\n<p>The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p>\n<p>The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&amp;P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p>\n<p>All 11 major sectors in the S&amp;P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p>\n<p>Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&amp;P 500 and the Nasdaq.</p>\n<p>Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p>\n<p>CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p>\n<p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks close lower on worries over recovery, corporate tax hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks close lower on worries over recovery, corporate tax hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148341685","content_text":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.\nOptimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.\nSo far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.\n“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”\nThe advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.\n“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”\nThe CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.\nU.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]\nThe long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.\nThe Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.\nAll 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.\nApple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.\nIntuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.\nCureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.\nThe S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.\nVolume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"content":"Will it rise again?","text":"Will it rise again?","html":"Will it rise again?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835249605,"gmtCreate":1629723918807,"gmtModify":1676530111600,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"//<a href=\"https://laohu8.com/U/3581581482227808\">@Ahwinwin</a>:Up or down or go home??","listText":"//<a href=\"https://laohu8.com/U/3581581482227808\">@Ahwinwin</a>:Up or down or go home??","text":"//@Ahwinwin:Up or down or go home??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":13,"repostSize":0,"link":"https://ttm.financial/post/835249605","repostId":"1121272269","repostType":4,"repost":{"id":"1121272269","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1628597325,"share":"https://ttm.financial/m/news/1121272269?lang=&edition=fundamental","pubTime":"2021-08-10 20:08","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1121272269","media":"Tiger Newspress","summary":"Futures tracking the S&P 500 and the Nasdaq held below record highs on Tuesday as investors awaited ","content":"<p>Futures tracking the S&amp;P 500 and the Nasdaq held below record highs on Tuesday as investors awaited fresh progress towards the passing of a much-anticipated infrastructure bill.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were down 11 points, or 0.03%, S&amp;P 500 E-minis were up 0.5 points, or 0.01% and Nasdaq 100 E-minis were up 18.5 points, or 0.12%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb531da94ae48bdf83e7ae5e73504b71\" tg-width=\"581\" tg-height=\"207\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The U.S. Senate has set a vote on passage of the $1 trillion bipartisan infrastructure bill for 11 a.m. ET (1500 GMT), after which it would immediately begin to debate $3.5 trillion in additional investments.</p>\n<p>With new coronavirus cases rising steadily in the United States, progress on the infrastructure package is expected to help gauge fiscal support for the next leg of recovery in the world’s largest economy.</p>\n<p>Nationwide, COVID-19 cases have averaged 100,000 for three days in a row, up 35% over the past week, according to a Reuters tally of public health data.</p>\n<p>Focus is also on inflation numbers due on Wednesday for hints about the path of Federal Reserve policy, after two Fed officials said on Monday that inflation was already at a level that could satisfy one leg of a key test for the beginning of rate hikes.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CSPR\">Casper Sleep Inc.</a> – The sleep products company reported record quarterly revenue that came in above Street forecasts, though it still reported a quarterly loss. Casper Sleep said it saw strong growth in both retail and direct-to-consumer sales channels, but noted that it is also dealing with higher input costs and supply chain difficulties. Shares initially rallied in the premarket, but subsequently tumbled 6.1%.</p>\n<p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> – AMC reported a quarterly loss of 71 cents per share, 20 cents a share smaller than Wall Street had anticipated. Revenue came in above analysts’ forecasts. AMC was helped by the lifting of Covid restrictions and the return of moviegoers to theaters, along with the release of several hit movies. Its shares surged 7.8% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/DDD\">3D</a> – 3D Systems earned 12 cents per share for its latest quarter, beating the 5 cents a share consensus estimate. The 3D printing technology company’s revenue beat estimates as well. 3D said it had successfully come through the most challenging 12 months it had ever experienced amid the pandemic. 3D’s stock soared 14.1% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/KSU\">Kansas City Southern</a> –Canadian Pacific Railway(CP) raised its cash-and-stock offer for Kansas City Southern to about $300 per share. Canadian Pacific had struck a deal to buy its rival rail operator for $275 per share, but Kansas City Southern subsequently agreed to a higher offer fromCanadian National Railway(CNI). Kansas City Southern surged 7.2% in the premarket, while Canadian Pacific lost 1.7% and Canadian National rose 1.9%.</p>\n<p><a href=\"https://laohu8.com/S/ARMK\">Aramark</a> – The foodservice company reported a quarterly profit of 3 cents per share, beating the penny a share consensus estimate. Revenue came in slightly below forecasts. Aramark said it benefited from rebounding sales volume as well as effective cost management. Aramark shares added 1.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/PLNT\">Planet Fitness</a> – Planet Fitness missed estimates by 2 cents a share, with quarterly earnings of 21 cents per share. Revenue topped estimates as gyms reopened and membership numbers increased for the fitness center operator. Shares fell 3.2% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/REAL\">The RealReal</a> – The RealReal lost 50 cents per share for its latest quarter, 3 cents a share wider than analysts had anticipated. The operator of an online pre-owned luxury goods marketplace also saw revenue fall short of estimates. The company said gross merchandise volume was up 91% compared to a year ago, and up 84.5% from repeat buyers. The stock slid 6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/CHGG\">Chegg</a> – Chegg beat estimates by 6 cents a share, with quarterly earnings of 43 cents per share. The online education company’s revenue also topped forecasts. Chegg raised its full-year outlook, saying its international growth continues to be strong. Its shares added 2.9% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/IHG\">InterContinental Hotels Group PLC</a> – InterContinental Hotels reported an operating profit for the first six months of the year, rebounding from a year-ago loss as summer vacation bookings jumped. The operator of Holiday Inn and other hotel chains eliminated its dividend to cut costs, however, sending its shares down 1.6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/IIVI\">II-VI Inc</a> – The maker of optoelectronic components beat estimates on the top and bottom lines for its latest quarter, earning 88 cents per share compared to a 76 cents a share consensus estimate. It also had its highest-ever backlog at the end of the quarter.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; 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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\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-10 20:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Futures tracking the S&amp;P 500 and the Nasdaq held below record highs on Tuesday as investors awaited fresh progress towards the passing of a much-anticipated infrastructure bill.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were down 11 points, or 0.03%, S&amp;P 500 E-minis were up 0.5 points, or 0.01% and Nasdaq 100 E-minis were up 18.5 points, or 0.12%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb531da94ae48bdf83e7ae5e73504b71\" tg-width=\"581\" tg-height=\"207\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The U.S. Senate has set a vote on passage of the $1 trillion bipartisan infrastructure bill for 11 a.m. ET (1500 GMT), after which it would immediately begin to debate $3.5 trillion in additional investments.</p>\n<p>With new coronavirus cases rising steadily in the United States, progress on the infrastructure package is expected to help gauge fiscal support for the next leg of recovery in the world’s largest economy.</p>\n<p>Nationwide, COVID-19 cases have averaged 100,000 for three days in a row, up 35% over the past week, according to a Reuters tally of public health data.</p>\n<p>Focus is also on inflation numbers due on Wednesday for hints about the path of Federal Reserve policy, after two Fed officials said on Monday that inflation was already at a level that could satisfy one leg of a key test for the beginning of rate hikes.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CSPR\">Casper Sleep Inc.</a> – The sleep products company reported record quarterly revenue that came in above Street forecasts, though it still reported a quarterly loss. Casper Sleep said it saw strong growth in both retail and direct-to-consumer sales channels, but noted that it is also dealing with higher input costs and supply chain difficulties. Shares initially rallied in the premarket, but subsequently tumbled 6.1%.</p>\n<p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> – AMC reported a quarterly loss of 71 cents per share, 20 cents a share smaller than Wall Street had anticipated. Revenue came in above analysts’ forecasts. AMC was helped by the lifting of Covid restrictions and the return of moviegoers to theaters, along with the release of several hit movies. Its shares surged 7.8% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/DDD\">3D</a> – 3D Systems earned 12 cents per share for its latest quarter, beating the 5 cents a share consensus estimate. The 3D printing technology company’s revenue beat estimates as well. 3D said it had successfully come through the most challenging 12 months it had ever experienced amid the pandemic. 3D’s stock soared 14.1% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/KSU\">Kansas City Southern</a> –Canadian Pacific Railway(CP) raised its cash-and-stock offer for Kansas City Southern to about $300 per share. Canadian Pacific had struck a deal to buy its rival rail operator for $275 per share, but Kansas City Southern subsequently agreed to a higher offer fromCanadian National Railway(CNI). Kansas City Southern surged 7.2% in the premarket, while Canadian Pacific lost 1.7% and Canadian National rose 1.9%.</p>\n<p><a href=\"https://laohu8.com/S/ARMK\">Aramark</a> – The foodservice company reported a quarterly profit of 3 cents per share, beating the penny a share consensus estimate. Revenue came in slightly below forecasts. Aramark said it benefited from rebounding sales volume as well as effective cost management. Aramark shares added 1.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/PLNT\">Planet Fitness</a> – Planet Fitness missed estimates by 2 cents a share, with quarterly earnings of 21 cents per share. Revenue topped estimates as gyms reopened and membership numbers increased for the fitness center operator. Shares fell 3.2% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/REAL\">The RealReal</a> – The RealReal lost 50 cents per share for its latest quarter, 3 cents a share wider than analysts had anticipated. The operator of an online pre-owned luxury goods marketplace also saw revenue fall short of estimates. The company said gross merchandise volume was up 91% compared to a year ago, and up 84.5% from repeat buyers. The stock slid 6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/CHGG\">Chegg</a> – Chegg beat estimates by 6 cents a share, with quarterly earnings of 43 cents per share. The online education company’s revenue also topped forecasts. Chegg raised its full-year outlook, saying its international growth continues to be strong. Its shares added 2.9% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/IHG\">InterContinental Hotels Group PLC</a> – InterContinental Hotels reported an operating profit for the first six months of the year, rebounding from a year-ago loss as summer vacation bookings jumped. The operator of Holiday Inn and other hotel chains eliminated its dividend to cut costs, however, sending its shares down 1.6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/IIVI\">II-VI Inc</a> – The maker of optoelectronic components beat estimates on the top and bottom lines for its latest quarter, earning 88 cents per share compared to a 76 cents a share consensus estimate. It also had its highest-ever backlog at the end of the quarter.</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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121272269","content_text":"Futures tracking the S&P 500 and the Nasdaq held below record highs on Tuesday as investors awaited fresh progress towards the passing of a much-anticipated infrastructure bill.\nAt 8:05 a.m. ET, Dow E-minis were down 11 points, or 0.03%, S&P 500 E-minis were up 0.5 points, or 0.01% and Nasdaq 100 E-minis were up 18.5 points, or 0.12%.\n*Source From Tiger Trade, EST 08:05\nThe U.S. Senate has set a vote on passage of the $1 trillion bipartisan infrastructure bill for 11 a.m. ET (1500 GMT), after which it would immediately begin to debate $3.5 trillion in additional investments.\nWith new coronavirus cases rising steadily in the United States, progress on the infrastructure package is expected to help gauge fiscal support for the next leg of recovery in the world’s largest economy.\nNationwide, COVID-19 cases have averaged 100,000 for three days in a row, up 35% over the past week, according to a Reuters tally of public health data.\nFocus is also on inflation numbers due on Wednesday for hints about the path of Federal Reserve policy, after two Fed officials said on Monday that inflation was already at a level that could satisfy one leg of a key test for the beginning of rate hikes.\nStocks making the biggest moves in the premarket:\nCasper Sleep Inc. – The sleep products company reported record quarterly revenue that came in above Street forecasts, though it still reported a quarterly loss. Casper Sleep said it saw strong growth in both retail and direct-to-consumer sales channels, but noted that it is also dealing with higher input costs and supply chain difficulties. Shares initially rallied in the premarket, but subsequently tumbled 6.1%.\nAMC Entertainment – AMC reported a quarterly loss of 71 cents per share, 20 cents a share smaller than Wall Street had anticipated. Revenue came in above analysts’ forecasts. AMC was helped by the lifting of Covid restrictions and the return of moviegoers to theaters, along with the release of several hit movies. Its shares surged 7.8% in premarket action.\n3D – 3D Systems earned 12 cents per share for its latest quarter, beating the 5 cents a share consensus estimate. The 3D printing technology company’s revenue beat estimates as well. 3D said it had successfully come through the most challenging 12 months it had ever experienced amid the pandemic. 3D’s stock soared 14.1% in premarket action.\nKansas City Southern –Canadian Pacific Railway(CP) raised its cash-and-stock offer for Kansas City Southern to about $300 per share. Canadian Pacific had struck a deal to buy its rival rail operator for $275 per share, but Kansas City Southern subsequently agreed to a higher offer fromCanadian National Railway(CNI). Kansas City Southern surged 7.2% in the premarket, while Canadian Pacific lost 1.7% and Canadian National rose 1.9%.\nAramark – The foodservice company reported a quarterly profit of 3 cents per share, beating the penny a share consensus estimate. Revenue came in slightly below forecasts. Aramark said it benefited from rebounding sales volume as well as effective cost management. Aramark shares added 1.3% in the premarket.\nPlanet Fitness – Planet Fitness missed estimates by 2 cents a share, with quarterly earnings of 21 cents per share. Revenue topped estimates as gyms reopened and membership numbers increased for the fitness center operator. Shares fell 3.2% in the premarket.\nThe RealReal – The RealReal lost 50 cents per share for its latest quarter, 3 cents a share wider than analysts had anticipated. The operator of an online pre-owned luxury goods marketplace also saw revenue fall short of estimates. The company said gross merchandise volume was up 91% compared to a year ago, and up 84.5% from repeat buyers. The stock slid 6% in premarket trading.\nChegg – Chegg beat estimates by 6 cents a share, with quarterly earnings of 43 cents per share. The online education company’s revenue also topped forecasts. Chegg raised its full-year outlook, saying its international growth continues to be strong. Its shares added 2.9% in the premarket.\nInterContinental Hotels Group PLC – InterContinental Hotels reported an operating profit for the first six months of the year, rebounding from a year-ago loss as summer vacation bookings jumped. The operator of Holiday Inn and other hotel chains eliminated its dividend to cut costs, however, sending its shares down 1.6% in premarket trading.\nII-VI Inc – The maker of optoelectronic components beat estimates on the top and bottom lines for its latest quarter, earning 88 cents per share compared to a 76 cents a share consensus estimate. It also had its highest-ever backlog at the end of the quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896579768,"gmtCreate":1628597906754,"gmtModify":1676529791347,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"Up or down or go home?","listText":"Up or down or go home?","text":"Up or down or go home?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":11,"repostSize":0,"link":"https://ttm.financial/post/896579768","repostId":"1121272269","repostType":4,"repost":{"id":"1121272269","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1628597325,"share":"https://ttm.financial/m/news/1121272269?lang=&edition=fundamental","pubTime":"2021-08-10 20:08","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1121272269","media":"Tiger Newspress","summary":"Futures tracking the S&P 500 and the Nasdaq held below record highs on Tuesday as investors awaited ","content":"<p>Futures tracking the S&amp;P 500 and the Nasdaq held below record highs on Tuesday as investors awaited fresh progress towards the passing of a much-anticipated infrastructure bill.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were down 11 points, or 0.03%, S&amp;P 500 E-minis were up 0.5 points, or 0.01% and Nasdaq 100 E-minis were up 18.5 points, or 0.12%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb531da94ae48bdf83e7ae5e73504b71\" tg-width=\"581\" tg-height=\"207\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The U.S. Senate has set a vote on passage of the $1 trillion bipartisan infrastructure bill for 11 a.m. ET (1500 GMT), after which it would immediately begin to debate $3.5 trillion in additional investments.</p>\n<p>With new coronavirus cases rising steadily in the United States, progress on the infrastructure package is expected to help gauge fiscal support for the next leg of recovery in the world’s largest economy.</p>\n<p>Nationwide, COVID-19 cases have averaged 100,000 for three days in a row, up 35% over the past week, according to a Reuters tally of public health data.</p>\n<p>Focus is also on inflation numbers due on Wednesday for hints about the path of Federal Reserve policy, after two Fed officials said on Monday that inflation was already at a level that could satisfy one leg of a key test for the beginning of rate hikes.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CSPR\">Casper Sleep Inc.</a> – The sleep products company reported record quarterly revenue that came in above Street forecasts, though it still reported a quarterly loss. Casper Sleep said it saw strong growth in both retail and direct-to-consumer sales channels, but noted that it is also dealing with higher input costs and supply chain difficulties. Shares initially rallied in the premarket, but subsequently tumbled 6.1%.</p>\n<p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> – AMC reported a quarterly loss of 71 cents per share, 20 cents a share smaller than Wall Street had anticipated. Revenue came in above analysts’ forecasts. AMC was helped by the lifting of Covid restrictions and the return of moviegoers to theaters, along with the release of several hit movies. Its shares surged 7.8% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/DDD\">3D</a> – 3D Systems earned 12 cents per share for its latest quarter, beating the 5 cents a share consensus estimate. The 3D printing technology company’s revenue beat estimates as well. 3D said it had successfully come through the most challenging 12 months it had ever experienced amid the pandemic. 3D’s stock soared 14.1% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/KSU\">Kansas City Southern</a> –Canadian Pacific Railway(CP) raised its cash-and-stock offer for Kansas City Southern to about $300 per share. Canadian Pacific had struck a deal to buy its rival rail operator for $275 per share, but Kansas City Southern subsequently agreed to a higher offer fromCanadian National Railway(CNI). Kansas City Southern surged 7.2% in the premarket, while Canadian Pacific lost 1.7% and Canadian National rose 1.9%.</p>\n<p><a href=\"https://laohu8.com/S/ARMK\">Aramark</a> – The foodservice company reported a quarterly profit of 3 cents per share, beating the penny a share consensus estimate. Revenue came in slightly below forecasts. Aramark said it benefited from rebounding sales volume as well as effective cost management. Aramark shares added 1.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/PLNT\">Planet Fitness</a> – Planet Fitness missed estimates by 2 cents a share, with quarterly earnings of 21 cents per share. Revenue topped estimates as gyms reopened and membership numbers increased for the fitness center operator. Shares fell 3.2% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/REAL\">The RealReal</a> – The RealReal lost 50 cents per share for its latest quarter, 3 cents a share wider than analysts had anticipated. The operator of an online pre-owned luxury goods marketplace also saw revenue fall short of estimates. The company said gross merchandise volume was up 91% compared to a year ago, and up 84.5% from repeat buyers. The stock slid 6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/CHGG\">Chegg</a> – Chegg beat estimates by 6 cents a share, with quarterly earnings of 43 cents per share. The online education company’s revenue also topped forecasts. Chegg raised its full-year outlook, saying its international growth continues to be strong. Its shares added 2.9% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/IHG\">InterContinental Hotels Group PLC</a> – InterContinental Hotels reported an operating profit for the first six months of the year, rebounding from a year-ago loss as summer vacation bookings jumped. The operator of Holiday Inn and other hotel chains eliminated its dividend to cut costs, however, sending its shares down 1.6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/IIVI\">II-VI Inc</a> – The maker of optoelectronic components beat estimates on the top and bottom lines for its latest quarter, earning 88 cents per share compared to a 76 cents a share consensus estimate. It also had its highest-ever backlog at the end of the quarter.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; 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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\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-10 20:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Futures tracking the S&amp;P 500 and the Nasdaq held below record highs on Tuesday as investors awaited fresh progress towards the passing of a much-anticipated infrastructure bill.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were down 11 points, or 0.03%, S&amp;P 500 E-minis were up 0.5 points, or 0.01% and Nasdaq 100 E-minis were up 18.5 points, or 0.12%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb531da94ae48bdf83e7ae5e73504b71\" tg-width=\"581\" tg-height=\"207\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The U.S. Senate has set a vote on passage of the $1 trillion bipartisan infrastructure bill for 11 a.m. ET (1500 GMT), after which it would immediately begin to debate $3.5 trillion in additional investments.</p>\n<p>With new coronavirus cases rising steadily in the United States, progress on the infrastructure package is expected to help gauge fiscal support for the next leg of recovery in the world’s largest economy.</p>\n<p>Nationwide, COVID-19 cases have averaged 100,000 for three days in a row, up 35% over the past week, according to a Reuters tally of public health data.</p>\n<p>Focus is also on inflation numbers due on Wednesday for hints about the path of Federal Reserve policy, after two Fed officials said on Monday that inflation was already at a level that could satisfy one leg of a key test for the beginning of rate hikes.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CSPR\">Casper Sleep Inc.</a> – The sleep products company reported record quarterly revenue that came in above Street forecasts, though it still reported a quarterly loss. Casper Sleep said it saw strong growth in both retail and direct-to-consumer sales channels, but noted that it is also dealing with higher input costs and supply chain difficulties. Shares initially rallied in the premarket, but subsequently tumbled 6.1%.</p>\n<p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> – AMC reported a quarterly loss of 71 cents per share, 20 cents a share smaller than Wall Street had anticipated. Revenue came in above analysts’ forecasts. AMC was helped by the lifting of Covid restrictions and the return of moviegoers to theaters, along with the release of several hit movies. Its shares surged 7.8% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/DDD\">3D</a> – 3D Systems earned 12 cents per share for its latest quarter, beating the 5 cents a share consensus estimate. The 3D printing technology company’s revenue beat estimates as well. 3D said it had successfully come through the most challenging 12 months it had ever experienced amid the pandemic. 3D’s stock soared 14.1% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/KSU\">Kansas City Southern</a> –Canadian Pacific Railway(CP) raised its cash-and-stock offer for Kansas City Southern to about $300 per share. Canadian Pacific had struck a deal to buy its rival rail operator for $275 per share, but Kansas City Southern subsequently agreed to a higher offer fromCanadian National Railway(CNI). Kansas City Southern surged 7.2% in the premarket, while Canadian Pacific lost 1.7% and Canadian National rose 1.9%.</p>\n<p><a href=\"https://laohu8.com/S/ARMK\">Aramark</a> – The foodservice company reported a quarterly profit of 3 cents per share, beating the penny a share consensus estimate. Revenue came in slightly below forecasts. Aramark said it benefited from rebounding sales volume as well as effective cost management. Aramark shares added 1.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/PLNT\">Planet Fitness</a> – Planet Fitness missed estimates by 2 cents a share, with quarterly earnings of 21 cents per share. Revenue topped estimates as gyms reopened and membership numbers increased for the fitness center operator. Shares fell 3.2% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/REAL\">The RealReal</a> – The RealReal lost 50 cents per share for its latest quarter, 3 cents a share wider than analysts had anticipated. The operator of an online pre-owned luxury goods marketplace also saw revenue fall short of estimates. The company said gross merchandise volume was up 91% compared to a year ago, and up 84.5% from repeat buyers. The stock slid 6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/CHGG\">Chegg</a> – Chegg beat estimates by 6 cents a share, with quarterly earnings of 43 cents per share. The online education company’s revenue also topped forecasts. Chegg raised its full-year outlook, saying its international growth continues to be strong. Its shares added 2.9% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/IHG\">InterContinental Hotels Group PLC</a> – InterContinental Hotels reported an operating profit for the first six months of the year, rebounding from a year-ago loss as summer vacation bookings jumped. The operator of Holiday Inn and other hotel chains eliminated its dividend to cut costs, however, sending its shares down 1.6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/IIVI\">II-VI Inc</a> – The maker of optoelectronic components beat estimates on the top and bottom lines for its latest quarter, earning 88 cents per share compared to a 76 cents a share consensus estimate. It also had its highest-ever backlog at the end of the quarter.</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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121272269","content_text":"Futures tracking the S&P 500 and the Nasdaq held below record highs on Tuesday as investors awaited fresh progress towards the passing of a much-anticipated infrastructure bill.\nAt 8:05 a.m. ET, Dow E-minis were down 11 points, or 0.03%, S&P 500 E-minis were up 0.5 points, or 0.01% and Nasdaq 100 E-minis were up 18.5 points, or 0.12%.\n*Source From Tiger Trade, EST 08:05\nThe U.S. Senate has set a vote on passage of the $1 trillion bipartisan infrastructure bill for 11 a.m. ET (1500 GMT), after which it would immediately begin to debate $3.5 trillion in additional investments.\nWith new coronavirus cases rising steadily in the United States, progress on the infrastructure package is expected to help gauge fiscal support for the next leg of recovery in the world’s largest economy.\nNationwide, COVID-19 cases have averaged 100,000 for three days in a row, up 35% over the past week, according to a Reuters tally of public health data.\nFocus is also on inflation numbers due on Wednesday for hints about the path of Federal Reserve policy, after two Fed officials said on Monday that inflation was already at a level that could satisfy one leg of a key test for the beginning of rate hikes.\nStocks making the biggest moves in the premarket:\nCasper Sleep Inc. – The sleep products company reported record quarterly revenue that came in above Street forecasts, though it still reported a quarterly loss. Casper Sleep said it saw strong growth in both retail and direct-to-consumer sales channels, but noted that it is also dealing with higher input costs and supply chain difficulties. Shares initially rallied in the premarket, but subsequently tumbled 6.1%.\nAMC Entertainment – AMC reported a quarterly loss of 71 cents per share, 20 cents a share smaller than Wall Street had anticipated. Revenue came in above analysts’ forecasts. AMC was helped by the lifting of Covid restrictions and the return of moviegoers to theaters, along with the release of several hit movies. Its shares surged 7.8% in premarket action.\n3D – 3D Systems earned 12 cents per share for its latest quarter, beating the 5 cents a share consensus estimate. The 3D printing technology company’s revenue beat estimates as well. 3D said it had successfully come through the most challenging 12 months it had ever experienced amid the pandemic. 3D’s stock soared 14.1% in premarket action.\nKansas City Southern –Canadian Pacific Railway(CP) raised its cash-and-stock offer for Kansas City Southern to about $300 per share. Canadian Pacific had struck a deal to buy its rival rail operator for $275 per share, but Kansas City Southern subsequently agreed to a higher offer fromCanadian National Railway(CNI). Kansas City Southern surged 7.2% in the premarket, while Canadian Pacific lost 1.7% and Canadian National rose 1.9%.\nAramark – The foodservice company reported a quarterly profit of 3 cents per share, beating the penny a share consensus estimate. Revenue came in slightly below forecasts. Aramark said it benefited from rebounding sales volume as well as effective cost management. Aramark shares added 1.3% in the premarket.\nPlanet Fitness – Planet Fitness missed estimates by 2 cents a share, with quarterly earnings of 21 cents per share. Revenue topped estimates as gyms reopened and membership numbers increased for the fitness center operator. Shares fell 3.2% in the premarket.\nThe RealReal – The RealReal lost 50 cents per share for its latest quarter, 3 cents a share wider than analysts had anticipated. The operator of an online pre-owned luxury goods marketplace also saw revenue fall short of estimates. The company said gross merchandise volume was up 91% compared to a year ago, and up 84.5% from repeat buyers. The stock slid 6% in premarket trading.\nChegg – Chegg beat estimates by 6 cents a share, with quarterly earnings of 43 cents per share. The online education company’s revenue also topped forecasts. Chegg raised its full-year outlook, saying its international growth continues to be strong. Its shares added 2.9% in the premarket.\nInterContinental Hotels Group PLC – InterContinental Hotels reported an operating profit for the first six months of the year, rebounding from a year-ago loss as summer vacation bookings jumped. The operator of Holiday Inn and other hotel chains eliminated its dividend to cut costs, however, sending its shares down 1.6% in premarket trading.\nII-VI Inc – The maker of optoelectronic components beat estimates on the top and bottom lines for its latest quarter, earning 88 cents per share compared to a 76 cents a share consensus estimate. It also had its highest-ever backlog at the end of the quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":732,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"content":"Going up soon!!","text":"Going up soon!!","html":"Going up soon!!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891313475,"gmtCreate":1628332444697,"gmtModify":1703505157773,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"Ev&nbsp;vehicles!!","listText":"Ev&nbsp;vehicles!!","text":"Ev vehicles!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/891313475","repostId":"1153028059","repostType":4,"repost":{"id":"1153028059","kind":"news","pubTimestamp":1627340900,"share":"https://ttm.financial/m/news/1153028059?lang=&edition=fundamental","pubTime":"2021-07-27 07:08","market":"us","language":"en","title":"Tesla sales surge 98%; company boosts margins on its less-costly electric cars","url":"https://stock-news.laohu8.com/highlight/detail?id=1153028059","media":"Reuters","summary":" -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.Tesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operati","content":"<p>(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.</p>\n<p>Tesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.</p>\n<p>For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation. Tesla boosted its performance by cutting features it said were unused or unneeded and raising U.S. vehicle prices.</p>\n<p>Shares of the world’s most valuable automaker rose 1.5% in extended trade.</p>\n<p>In a call with investors and analysts, Tesla executives said that volume production growth will depend on parts availability, and Musk cautioned the shortage of semiconductors will continue.</p>\n<p>“The global chip shortage situation remains quite serious,” Musk said.</p>\n<p>Still, Musk said Tesla expects to launch production this year of the Model Y SUV at factories under construction in Texas and Germany. He said the company expects battery cell suppliers to double production next year.</p>\n<p>Despite the pandemic and the supply chain crisis, Tesla posted record deliveries during the quarter, thanks to sales of cheaper models including Model 3 sedans and Model Ys.</p>\n<p>The carmaker, led by billionaire entrepreneur Elon Musk, said revenue jumped to $11.96 billion from $6.04 billion a year earlier, when its California factory was shut down for more than six weeks due to local lockdown orders to fight the pandemic.</p>\n<p>Analysts had expected revenue of about $11.3 billion, according to IBES data from Refinitiv.</p>\n<p>Excluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share.</p>\n<p>Tesla said operating income rose with volume growth and cost reduction, which offset higher supply chain costs, lower regulatory credit revenue and other items including $23 million in losses on investment in cryptocurrency bitcoin.</p>\n<p>Tesla’s profitability has often relied on selling regulatory credits to other automakers, but in the second quarter, Tesla was profitable without these credits for the first time since the end of 2019. Its GAAP net income was $1.14 billion in the second quarter. Revenue from the credits only totaled $354 million.</p>\n<p>“Tesla impressed with its numbers, as most of its revenue came from vehicle sales,” Jesse Cohen, senior analyst at Investing.com, said.</p>\n<p>Carmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla.</p>\n<p>Tesla said it said it has delayed the launch of the Semi truck program to 2022 to focus on starting factories and due to limited availability of battery cells and other parts this year.</p>\n<p>But the company’s new 4680 batteries are not ready for volume production; executives said it was difficult to predict when technological challenges would be resolved.</p>\n<p>In an aside, Musk said he “most likely will not be on earnings calls” going forward to discuss financial results with investors and analysts. These calls have been a colorful quarterly ritual Musk has used for discourses on Tesla technology, or to fire back at rivals or critics.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla sales surge 98%; company boosts margins on its less-costly electric cars</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 sales surge 98%; company boosts margins on its less-costly electric cars\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on ...</p>\n\n<a href=\"https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153028059","content_text":"(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.\nTesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.\nFor the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation. Tesla boosted its performance by cutting features it said were unused or unneeded and raising U.S. vehicle prices.\nShares of the world’s most valuable automaker rose 1.5% in extended trade.\nIn a call with investors and analysts, Tesla executives said that volume production growth will depend on parts availability, and Musk cautioned the shortage of semiconductors will continue.\n“The global chip shortage situation remains quite serious,” Musk said.\nStill, Musk said Tesla expects to launch production this year of the Model Y SUV at factories under construction in Texas and Germany. He said the company expects battery cell suppliers to double production next year.\nDespite the pandemic and the supply chain crisis, Tesla posted record deliveries during the quarter, thanks to sales of cheaper models including Model 3 sedans and Model Ys.\nThe carmaker, led by billionaire entrepreneur Elon Musk, said revenue jumped to $11.96 billion from $6.04 billion a year earlier, when its California factory was shut down for more than six weeks due to local lockdown orders to fight the pandemic.\nAnalysts had expected revenue of about $11.3 billion, according to IBES data from Refinitiv.\nExcluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share.\nTesla said operating income rose with volume growth and cost reduction, which offset higher supply chain costs, lower regulatory credit revenue and other items including $23 million in losses on investment in cryptocurrency bitcoin.\nTesla’s profitability has often relied on selling regulatory credits to other automakers, but in the second quarter, Tesla was profitable without these credits for the first time since the end of 2019. Its GAAP net income was $1.14 billion in the second quarter. Revenue from the credits only totaled $354 million.\n“Tesla impressed with its numbers, as most of its revenue came from vehicle sales,” Jesse Cohen, senior analyst at Investing.com, said.\nCarmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla.\nTesla said it said it has delayed the launch of the Semi truck program to 2022 to focus on starting factories and due to limited availability of battery cells and other parts this year.\nBut the company’s new 4680 batteries are not ready for volume production; executives said it was difficult to predict when technological challenges would be resolved.\nIn an aside, Musk said he “most likely will not be on earnings calls” going forward to discuss financial results with investors and analysts. These calls have been a colorful quarterly ritual Musk has used for discourses on Tesla technology, or to fire back at rivals or critics.","news_type":1},"isVote":1,"tweetType":1,"viewCount":407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809306876,"gmtCreate":1627346533395,"gmtModify":1703487981549,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"Will it go up?","listText":"Will it go up?","text":"Will it go up?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/809306876","repostId":"1153028059","repostType":4,"repost":{"id":"1153028059","kind":"news","pubTimestamp":1627340900,"share":"https://ttm.financial/m/news/1153028059?lang=&edition=fundamental","pubTime":"2021-07-27 07:08","market":"us","language":"en","title":"Tesla sales surge 98%; company boosts margins on its less-costly electric cars","url":"https://stock-news.laohu8.com/highlight/detail?id=1153028059","media":"Reuters","summary":" -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.Tesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operati","content":"<p>(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.</p>\n<p>Tesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.</p>\n<p>For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation. Tesla boosted its performance by cutting features it said were unused or unneeded and raising U.S. vehicle prices.</p>\n<p>Shares of the world’s most valuable automaker rose 1.5% in extended trade.</p>\n<p>In a call with investors and analysts, Tesla executives said that volume production growth will depend on parts availability, and Musk cautioned the shortage of semiconductors will continue.</p>\n<p>“The global chip shortage situation remains quite serious,” Musk said.</p>\n<p>Still, Musk said Tesla expects to launch production this year of the Model Y SUV at factories under construction in Texas and Germany. He said the company expects battery cell suppliers to double production next year.</p>\n<p>Despite the pandemic and the supply chain crisis, Tesla posted record deliveries during the quarter, thanks to sales of cheaper models including Model 3 sedans and Model Ys.</p>\n<p>The carmaker, led by billionaire entrepreneur Elon Musk, said revenue jumped to $11.96 billion from $6.04 billion a year earlier, when its California factory was shut down for more than six weeks due to local lockdown orders to fight the pandemic.</p>\n<p>Analysts had expected revenue of about $11.3 billion, according to IBES data from Refinitiv.</p>\n<p>Excluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share.</p>\n<p>Tesla said operating income rose with volume growth and cost reduction, which offset higher supply chain costs, lower regulatory credit revenue and other items including $23 million in losses on investment in cryptocurrency bitcoin.</p>\n<p>Tesla’s profitability has often relied on selling regulatory credits to other automakers, but in the second quarter, Tesla was profitable without these credits for the first time since the end of 2019. Its GAAP net income was $1.14 billion in the second quarter. Revenue from the credits only totaled $354 million.</p>\n<p>“Tesla impressed with its numbers, as most of its revenue came from vehicle sales,” Jesse Cohen, senior analyst at Investing.com, said.</p>\n<p>Carmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla.</p>\n<p>Tesla said it said it has delayed the launch of the Semi truck program to 2022 to focus on starting factories and due to limited availability of battery cells and other parts this year.</p>\n<p>But the company’s new 4680 batteries are not ready for volume production; executives said it was difficult to predict when technological challenges would be resolved.</p>\n<p>In an aside, Musk said he “most likely will not be on earnings calls” going forward to discuss financial results with investors and analysts. These calls have been a colorful quarterly ritual Musk has used for discourses on Tesla technology, or to fire back at rivals or critics.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla sales surge 98%; company boosts margins on its less-costly electric cars</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 sales surge 98%; company boosts margins on its less-costly electric cars\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on ...</p>\n\n<a href=\"https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153028059","content_text":"(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.\nTesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.\nFor the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation. Tesla boosted its performance by cutting features it said were unused or unneeded and raising U.S. vehicle prices.\nShares of the world’s most valuable automaker rose 1.5% in extended trade.\nIn a call with investors and analysts, Tesla executives said that volume production growth will depend on parts availability, and Musk cautioned the shortage of semiconductors will continue.\n“The global chip shortage situation remains quite serious,” Musk said.\nStill, Musk said Tesla expects to launch production this year of the Model Y SUV at factories under construction in Texas and Germany. He said the company expects battery cell suppliers to double production next year.\nDespite the pandemic and the supply chain crisis, Tesla posted record deliveries during the quarter, thanks to sales of cheaper models including Model 3 sedans and Model Ys.\nThe carmaker, led by billionaire entrepreneur Elon Musk, said revenue jumped to $11.96 billion from $6.04 billion a year earlier, when its California factory was shut down for more than six weeks due to local lockdown orders to fight the pandemic.\nAnalysts had expected revenue of about $11.3 billion, according to IBES data from Refinitiv.\nExcluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share.\nTesla said operating income rose with volume growth and cost reduction, which offset higher supply chain costs, lower regulatory credit revenue and other items including $23 million in losses on investment in cryptocurrency bitcoin.\nTesla’s profitability has often relied on selling regulatory credits to other automakers, but in the second quarter, Tesla was profitable without these credits for the first time since the end of 2019. Its GAAP net income was $1.14 billion in the second quarter. Revenue from the credits only totaled $354 million.\n“Tesla impressed with its numbers, as most of its revenue came from vehicle sales,” Jesse Cohen, senior analyst at Investing.com, said.\nCarmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla.\nTesla said it said it has delayed the launch of the Semi truck program to 2022 to focus on starting factories and due to limited availability of battery cells and other parts this year.\nBut the company’s new 4680 batteries are not ready for volume production; executives said it was difficult to predict when technological challenges would be resolved.\nIn an aside, Musk said he “most likely will not be on earnings calls” going forward to discuss financial results with investors and analysts. These calls have been a colorful quarterly ritual Musk has used for discourses on Tesla technology, or to fire back at rivals or critics.","news_type":1},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583811117795819","authorId":"3583811117795819","name":"snd","avatar":"https://static.tigerbbs.com/489eabf54a7f41df714f354de59deefd","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3583811117795819","idStr":"3583811117795819"},"content":"I think so","text":"I think so","html":"I think so"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171720522,"gmtCreate":1626766375166,"gmtModify":1703764783830,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Going to the moon!!","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Going to the moon!!","text":"$Tesla Motors(TSLA)$Going to the moon!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/171720522","isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"content":"Up up And away!! ?","text":"Up up And away!! ?","html":"Up up And away!! ?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147173117,"gmtCreate":1626345802039,"gmtModify":1703758318805,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"Going down everyday… anybody onows howto share position to earn coins?","listText":"Going down everyday… anybody onows howto share position to earn coins?","text":"Going down everyday… anybody onows howto share position to earn coins?","images":[{"img":"https://static.tigerbbs.com/c11e8079833a5e14db3dbb868ef04919","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/147173117","isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"content":"Can someone teach?","text":"Can someone teach?","html":"Can someone teach?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":144173777,"gmtCreate":1626273335099,"gmtModify":1703756897914,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"Please grow more. Slowly but surely.&nbsp;","listText":"Please grow more. Slowly but surely.&nbsp;","text":"Please grow more. Slowly but surely.","images":[{"img":"https://static.tigerbbs.com/e8e14b3cdb5eeb3fa294a2c41bdd4e4f","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144173777","isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":142879321,"gmtCreate":1626143068863,"gmtModify":1703754194748,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"Testing 123","listText":"Testing 123","text":"Testing 123","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142879321","repostId":"1119839711","repostType":4,"repost":{"id":"1119839711","kind":"news","pubTimestamp":1626126339,"share":"https://ttm.financial/m/news/1119839711?lang=&edition=fundamental","pubTime":"2021-07-13 05:45","market":"us","language":"en","title":"Dow narrowly misses first close at 35,000 but all 3 stock indexes log back-to-back record finishes ahead of bank earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1119839711","media":"MarketWatch","summary":"Dow ends just shy of 35,000 milestone.\n\nThe Dow Jones Industrial Average, S&P 500 index and Nasdaq C","content":"<blockquote>\n <b>Dow ends just shy of 35,000 milestone.</b>\n</blockquote>\n<p>The Dow Jones Industrial Average, S&amp;P 500 index and <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Composite on Monday advanced to back-to-back record finishes, starting the week the way the ended last week.</p>\n<p>The record finish comes as investors await semiannual testimony from Federal Reserve Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> beginning Wednesday and a batch of economic reports throughout the week, the unofficial start of corporate quarterly results.</p>\n<p><b>How did stock benchmarks end?</b></p>\n<ul>\n <li>The Dow Jones Industrial AverageDJIA,+0.36%rose 126.02 points, or 0.4%, to end at a record 34,996.18.</li>\n <li>S&amp;P 500 indexSPX,+0.35%added 15.08 points, or 0.4%, closing at a record 4,384.63, after touching an intraday high at 4,386.68.</li>\n <li>Nasdaq Composite IndexCOMP,+0.21%advanced 31.32 points, or 0.2%, finishing at a record 14,733.24, after establishing an intraday all-time high at 14,761.08.</li>\n</ul>\n<p>On Friday, the Dow and S&amp;P 500 finished the session at record highs, booking weekly gains of about 0.2% and 0.4%, respectively. The Nasdaq Composite finished the week at an all-time high with a 0.4% weekly gain.</p>\n<p><b>What drove the market?</b></p>\n<p>Major stock indexes rose to back-to-back closing records on Monday. The advance came ahead of a number of key events that could serve as catalysts later in the week, including the unofficial start of earnings season, which<b><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a> &amp; Co</b>.JPM,+1.43%will kick off Tuesday, Powell’s testimony on Capitol <a href=\"https://laohu8.com/S/HIL\">Hill</a>, and fresh readings on inflation.</p>\n<p>“People are thinking earnings are going to be strong and that may propel the market higher,” said John Carey, director of <a href=\"https://laohu8.com/S/EQR\">Equity</a> Income at Amundi U.S., adding that, for now, earnings have overshadowed uncertainty in <a href=\"https://laohu8.com/S/WASH\">Washington</a> over planned infrastructure spending and potentially higher corporate taxes.</p>\n<p>“Most people seem to be focused on the strength of the economy and the possibility of better earnings to support stock prices, which are definitely at high levels,” Carey told MarketWatch.</p>\n<p>Equity markets experienced a bout of turbulence last week before ending with a flourish, prompted partly by a drop in Treasury yields. Lower-bound rates for government debt had raised questions about the outlook for the U.S. economy in the recovery from the pandemic. The spread of the delta variant of COVID-19 has emerged as a concern, but so has the lofty valuations assigned to some segments of the market.</p>\n<p>Questions about the Fed’s monetary policy in the face of growing evidence of percolating inflation also have been blamed for some of the rocky trading.</p>\n<p>Yields for the 10-yearTMUBMUSD10Y,1.365%edged up less than a basis point to 1.362% on Monday, while the 30-year Treasury yieldsTMUBMUSD30Y,2.000%advanced by 1.2 basis points to 1.993%, near lows last seen in February.</p>\n<p>Federal Reserve Bank ofNew York President John <a href=\"https://laohu8.com/S/WMB\">Williams</a> told reportersMonday that conditions for scaling back its $120 billion a month bond-buying stimulus program have yet to be met.</p>\n<p>Although inflation and peak growth concerns continue to percolate andworry U.S. households, some strategists said those concerns may be “over-hyped” for markets.</p>\n<p>“Both the previous inflation concerns and the current peak growth concerns are likely over-extrapolated reflections of near-term trends that will not persist,” Glenmede’s team led by Jason Pride and Michael Reynolds, wrote in a Monday note.</p>\n<p>“Markets may remain volatile as they attempt to adjust to the rapidly&nbsp;evolving information flow during the ongoing recovery from the pandemic,” but those factors “should not be disruptive of markets longer term.”</p>\n<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> also have been keeping an eye on delta-driven COVID infections. The U.S. leads the world with a total of 33.85 million COVID cases and in deaths with 607,156. Dr. Anthony Fauci said on Monday thatboosters weren’t needed for now, but duringa Sunday CNN inview said it was “horrifying”to see conservatives cheer for low vaccination rates, blaming “ideological rigidity” for hobbling the fight against the pandemic.</p>\n<p>“We have long warned that vaccinations would be unlikely to trigger a smooth transition to normalcy,” Ben May, <a href=\"https://laohu8.com/S/OXM\">Oxford</a> Economics’ director of global macro research wrote Monday.</p>\n<p>No key data were on deck Monday ahead of a busy week in economic reports, starting with a reading of consumer prices on Tuesday.</p>\n<p>Separately, investors also were focused on discussions among finance ministers from the G-20, who are trying to assess the potential implications of a proposal for a global minimum tax.</p>\n<p>“We need sustainable sources of revenue that do not rely on further taxing workers’ wages and exacerbating the economic disparities that we are all committed to reducing,” U.S. Treasury Secretary Janet Yellen said in a speech to European Union countries about revamping the corporate tax code internationally.</p>\n<p>“We need to put an end to corporations shifting capital income to low tax jurisdictions, and to accounting gimmicks that allow them to avoid paying their fair share,” she said.</p>\n<p><b>Which companies were in focus?</b></p>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> Inc</b>.AVGO,+1.16%shares rose 1.2% Monday afterThe Wall Street Journal reportedthe chip and software company was in talks to buy SAS Institute Inc. in a deal that could value the smashup at $15 billion to $20 billion.</li>\n <li><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc</b>.AAPL,-0.42%&nbsp;shares fell 0.4% a day after a Delaware federal judgedismissed a Blix Inc. suit,saying it failed to demonstrate how Apple harmed competition in the mobile operating system market.</li>\n <li><b><a href=\"https://laohu8.com/S/LB\">L Brands Inc</a></b>.LB,+4.16%&nbsp;said it’s separating into two publiclytraded businesses next month, with theVictoria’s Secret &amp; Co.‘s underwear unit as “VSCO,” while the Bath &amp; BodyWorks Inc. arm under the “BBWI” ticker, starting Aug. 3.</li>\n <li><b><a href=\"https://laohu8.com/S/GME\">GameStop</a>&nbsp;Inc</b>.GME,-1.04%shares shed 1% Monday after Ascendiant Capital Markets lifted its 12-month price target to $25 from $10, but still nowhere near the company’s $189.25 closing price Monday.</li>\n <li>Weber, the maker of outdoor grills,has filed to go public, nearly 50 years after it’s iconic dome-like grill was made. Shares are set to&nbsp;trade on the <a href=\"https://laohu8.com/S/NWY\">New York</a> Stock Exchange under the ticker WEBR.</li>\n <li>Shares of<b><a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a>.</b>&nbsp;SPCEskid 17.3% Monday, it’s largest daily percent slump since March 16, 2020, a day after founder Richard Branson and five crewmates successfully flew into&nbsp;suborbital space on the company’s VSS <a href=\"https://laohu8.com/S/UNTY\">Unity</a>&nbsp;rocket-powered spaceplane.</li>\n <li><b>Couchbase Inc</b>.&nbsp;BASE,&nbsp;a provider of a database for enterprise applications, set terms for its initial public offering on Monday, with plans to offer 7 million shares, priced at $20 to $23 each. The company has applied to list on Nasdaq, under the ticker ‘BASE.’</li>\n <li>Shares of<b>Moderna Inc</b>.&nbsp;MRNArose 2.8% Monday after the company said it would supply 20 million doses of its COVID-19 vaccine to Argentina.</li>\n <li>Shares of<b><a href=\"https://laohu8.com/S/SWI\">SolarWinds Corp</a>.</b>&nbsp;SWI&nbsp;were 1.8% lower Monday, even after the information technology infrastructure management software company provided an upbeat second-quarter revenue outlook.</li>\n</ul>\n<p><b>How did other assets trade?</b></p>\n<ul>\n <li>The ICE U.S. Dollar Index&nbsp;DXY,&nbsp;a measure of the currency against six major rivals, was up 0.1%.</li>\n <li>Oil futures closed lower Monday, with the U.S. benchmark&nbsp;CL00&nbsp;CL.1,-0.51%down 0.6% settling at $74.10 a barrel. Gold&nbsp;GC00&nbsp;settled 0.3% lower at $1,805.90 an ounce.</li>\n <li>In European equities, the Stoxx Europe 600&nbsp;SXXP&nbsp;closed 0.7% higher, while London’s <a href=\"https://laohu8.com/S/.100.UK\">FTSE 100</a>&nbsp;UKX&nbsp;finished up 0.05% on Monday.</li>\n <li>In <a href=\"https://laohu8.com/S/00662\">Asia</a>, the Shanghai Composite&nbsp;SHCOMP&nbsp;gained 0.7%, Hong Kong’s Hang Seng Index&nbsp;HSI&nbsp;rose 0.6% on the session and Japan’s Nikkei 225&nbsp;NIK&nbsp;rallied 2.3% on Monday.</li>\n</ul>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow narrowly misses first close at 35,000 but all 3 stock indexes log back-to-back record finishes ahead of bank earnings</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\">\nDow narrowly misses first close at 35,000 but all 3 stock indexes log back-to-back record finishes ahead of bank earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 05:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/dow-set-for-pullback-from-records-tech-stocks-seen-buoyant-as-investors-await-earnings-powell-and-fresh-inflation-data-11626089989?mod=hp_LATEST><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dow ends just shy of 35,000 milestone.\n\nThe Dow Jones Industrial Average, S&P 500 index and Nasdaq Composite on Monday advanced to back-to-back record finishes, starting the week the way the ended ...</p>\n\n<a href=\"https://www.marketwatch.com/story/dow-set-for-pullback-from-records-tech-stocks-seen-buoyant-as-investors-await-earnings-powell-and-fresh-inflation-data-11626089989?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":{".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/dow-set-for-pullback-from-records-tech-stocks-seen-buoyant-as-investors-await-earnings-powell-and-fresh-inflation-data-11626089989?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119839711","content_text":"Dow ends just shy of 35,000 milestone.\n\nThe Dow Jones Industrial Average, S&P 500 index and Nasdaq Composite on Monday advanced to back-to-back record finishes, starting the week the way the ended last week.\nThe record finish comes as investors await semiannual testimony from Federal Reserve Chairman Jerome Powell beginning Wednesday and a batch of economic reports throughout the week, the unofficial start of corporate quarterly results.\nHow did stock benchmarks end?\n\nThe Dow Jones Industrial AverageDJIA,+0.36%rose 126.02 points, or 0.4%, to end at a record 34,996.18.\nS&P 500 indexSPX,+0.35%added 15.08 points, or 0.4%, closing at a record 4,384.63, after touching an intraday high at 4,386.68.\nNasdaq Composite IndexCOMP,+0.21%advanced 31.32 points, or 0.2%, finishing at a record 14,733.24, after establishing an intraday all-time high at 14,761.08.\n\nOn Friday, the Dow and S&P 500 finished the session at record highs, booking weekly gains of about 0.2% and 0.4%, respectively. The Nasdaq Composite finished the week at an all-time high with a 0.4% weekly gain.\nWhat drove the market?\nMajor stock indexes rose to back-to-back closing records on Monday. The advance came ahead of a number of key events that could serve as catalysts later in the week, including the unofficial start of earnings season, whichJPMorgan Chase & Co.JPM,+1.43%will kick off Tuesday, Powell’s testimony on Capitol Hill, and fresh readings on inflation.\n“People are thinking earnings are going to be strong and that may propel the market higher,” said John Carey, director of Equity Income at Amundi U.S., adding that, for now, earnings have overshadowed uncertainty in Washington over planned infrastructure spending and potentially higher corporate taxes.\n“Most people seem to be focused on the strength of the economy and the possibility of better earnings to support stock prices, which are definitely at high levels,” Carey told MarketWatch.\nEquity markets experienced a bout of turbulence last week before ending with a flourish, prompted partly by a drop in Treasury yields. Lower-bound rates for government debt had raised questions about the outlook for the U.S. economy in the recovery from the pandemic. The spread of the delta variant of COVID-19 has emerged as a concern, but so has the lofty valuations assigned to some segments of the market.\nQuestions about the Fed’s monetary policy in the face of growing evidence of percolating inflation also have been blamed for some of the rocky trading.\nYields for the 10-yearTMUBMUSD10Y,1.365%edged up less than a basis point to 1.362% on Monday, while the 30-year Treasury yieldsTMUBMUSD30Y,2.000%advanced by 1.2 basis points to 1.993%, near lows last seen in February.\nFederal Reserve Bank ofNew York President John Williams told reportersMonday that conditions for scaling back its $120 billion a month bond-buying stimulus program have yet to be met.\nAlthough inflation and peak growth concerns continue to percolate andworry U.S. households, some strategists said those concerns may be “over-hyped” for markets.\n“Both the previous inflation concerns and the current peak growth concerns are likely over-extrapolated reflections of near-term trends that will not persist,” Glenmede’s team led by Jason Pride and Michael Reynolds, wrote in a Monday note.\n“Markets may remain volatile as they attempt to adjust to the rapidly evolving information flow during the ongoing recovery from the pandemic,” but those factors “should not be disruptive of markets longer term.”\nInvestors also have been keeping an eye on delta-driven COVID infections. The U.S. leads the world with a total of 33.85 million COVID cases and in deaths with 607,156. Dr. Anthony Fauci said on Monday thatboosters weren’t needed for now, but duringa Sunday CNN inview said it was “horrifying”to see conservatives cheer for low vaccination rates, blaming “ideological rigidity” for hobbling the fight against the pandemic.\n“We have long warned that vaccinations would be unlikely to trigger a smooth transition to normalcy,” Ben May, Oxford Economics’ director of global macro research wrote Monday.\nNo key data were on deck Monday ahead of a busy week in economic reports, starting with a reading of consumer prices on Tuesday.\nSeparately, investors also were focused on discussions among finance ministers from the G-20, who are trying to assess the potential implications of a proposal for a global minimum tax.\n“We need sustainable sources of revenue that do not rely on further taxing workers’ wages and exacerbating the economic disparities that we are all committed to reducing,” U.S. Treasury Secretary Janet Yellen said in a speech to European Union countries about revamping the corporate tax code internationally.\n“We need to put an end to corporations shifting capital income to low tax jurisdictions, and to accounting gimmicks that allow them to avoid paying their fair share,” she said.\nWhich companies were in focus?\n\nBroadcom Inc.AVGO,+1.16%shares rose 1.2% Monday afterThe Wall Street Journal reportedthe chip and software company was in talks to buy SAS Institute Inc. in a deal that could value the smashup at $15 billion to $20 billion.\nApple Inc.AAPL,-0.42% shares fell 0.4% a day after a Delaware federal judgedismissed a Blix Inc. suit,saying it failed to demonstrate how Apple harmed competition in the mobile operating system market.\nL Brands Inc.LB,+4.16% said it’s separating into two publiclytraded businesses next month, with theVictoria’s Secret & Co.‘s underwear unit as “VSCO,” while the Bath & BodyWorks Inc. arm under the “BBWI” ticker, starting Aug. 3.\nGameStop Inc.GME,-1.04%shares shed 1% Monday after Ascendiant Capital Markets lifted its 12-month price target to $25 from $10, but still nowhere near the company’s $189.25 closing price Monday.\nWeber, the maker of outdoor grills,has filed to go public, nearly 50 years after it’s iconic dome-like grill was made. Shares are set to trade on the New York Stock Exchange under the ticker WEBR.\nShares ofVirgin Galactic Holdings Inc. SPCEskid 17.3% Monday, it’s largest daily percent slump since March 16, 2020, a day after founder Richard Branson and five crewmates successfully flew into suborbital space on the company’s VSS Unity rocket-powered spaceplane.\nCouchbase Inc. BASE, a provider of a database for enterprise applications, set terms for its initial public offering on Monday, with plans to offer 7 million shares, priced at $20 to $23 each. The company has applied to list on Nasdaq, under the ticker ‘BASE.’\nShares ofModerna Inc. MRNArose 2.8% Monday after the company said it would supply 20 million doses of its COVID-19 vaccine to Argentina.\nShares ofSolarWinds Corp. SWI were 1.8% lower Monday, even after the information technology infrastructure management software company provided an upbeat second-quarter revenue outlook.\n\nHow did other assets trade?\n\nThe ICE U.S. Dollar Index DXY, a measure of the currency against six major rivals, was up 0.1%.\nOil futures closed lower Monday, with the U.S. benchmark CL00 CL.1,-0.51%down 0.6% settling at $74.10 a barrel. Gold GC00 settled 0.3% lower at $1,805.90 an ounce.\nIn European equities, the Stoxx Europe 600 SXXP closed 0.7% higher, while London’s FTSE 100 UKX finished up 0.05% on Monday.\nIn Asia, the Shanghai Composite SHCOMP gained 0.7%, Hong Kong’s Hang Seng Index HSI rose 0.6% on the session and Japan’s Nikkei 225 NIK rallied 2.3% on Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142127801,"gmtCreate":1626137748803,"gmtModify":1703754019869,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"Oh nooooo","listText":"Oh nooooo","text":"Oh nooooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/142127801","repostId":"2150346538","repostType":4,"repost":{"id":"2150346538","kind":"highlight","pubTimestamp":1626136200,"share":"https://ttm.financial/m/news/2150346538?lang=&edition=fundamental","pubTime":"2021-07-13 08:30","market":"us","language":"en","title":"Does This Shocking CDC Statement Mean Trouble for Pfizer and Moderna?","url":"https://stock-news.laohu8.com/highlight/detail?id=2150346538","media":"Motley Fool","summary":"It has to do with the companies' next step in the coronavirus vaccine rollout.","content":"<p>Coronavirus vaccine leaders <b>Pfizer</b> (NYSE:PFE) and <b>Moderna </b>(NASDAQ:MRNA) announced earlier this year that they'd launched clinical trials of booster shot candidates -- and you could almost hear the world's collective sigh of relief. As coronavirus variants gained ground, everyone's big worry was staying ahead of them. Boosters may help because they offer the already vaccinated person's immune system an extra push.</p>\n<p>Moderna has said it aims to bring a booster to market this fall. And Pfizer just last week said it's ready to file for regulatory approval of its third-shot booster candidate in the coming weeks. On the same day as Pfizer's news, the Centers for Disease Control and Prevention (CDC) and the U.S. Food and Drug Administration (FDA) delivered a startling message. One that could upset Pfizer's and Moderna's booster plans.</p>\n<p><img src=\"https://static.tigerbbs.com/22a7f086d3f6c542ed455b9b66e1950f\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>No need for a booster</h3>\n<p>\"Americans who have been fully vaccinated do not need a booster shot at this time,\" the agencies said in a joint statement.</p>\n<p>The reason? Today's vaccines are very efficacious against the original coronavirus and variants so far. And they're especially effective at protecting people from hospitalization and death.</p>\n<p>This is true. Pfizer and Moderna both have reported six-month follow up data from their phase 3 trials. Their vaccines boast overall efficacy of 91.3% and more than 90%, respectively. And both companies have performed in vitro tests that demonstrate satisfactory vaccine efficacy against variants of concern.</p>\n<p>So... maybe the U.S. health agencies are right? And maybe this means the companies' chances of selling boosters are getting pretty slim? Wait a minute. Let's not get ahead of ourselves.</p>\n<p>First, let's talk about whether the CDC and FDA are right. Technically, they may be right <i>this very moment</i>. The Delta variant -- the strain originating in India -- is becoming more and more prevalent. But overall, coronavirus cases in the U.S. have dropped considerably since April. So, there is evidence the vaccines we have are doing their job. Without the help of boosters.</p>\n<p>But Pfizer and Moderna&nbsp;themselves have warned of waning immunity several months after vaccination. In the U.S., the new number of vaccine doses administered peaked in early April. That means by October, all of those vaccinated in April and earlier probably should start thinking about getting a booster. Pfizer's CEO has said a booster likely will be needed six to 12 months after initial vaccination.</p>\n<h3>Efficacy is declining</h3>\n<p>Real world data out of Israel also indicates boosters may be needed sooner rather than later. The Pfizer vaccine -- the vaccine Israel has relied on -- showed only 64% efficacy in preventing the coronavirus last month, according to the country's health ministry. Its efficacy in avoiding hospitalization and death still remains high at 93%. That's the most important goal of the vaccine. But a decline in overall efficacy isn't a trend we want to see continuing. Thus, the need for a booster to give immunity a lift.</p>\n<p>In my opinion, the CDC and FDA won't be right for very long. If current trends continue, the agencies may find themselves revising their statement by fall -- that's the moment Pfizer and Moderna expected to launch booster shots anyway.</p>\n<p>And this leads us to my next point. The CDC and FDA statement today probably won't hurt eventual sales and use of booster shots. The agencies' comments pertained to what's happening right now. Many people have been freshly vaccinated and immunity is strong. But, as mentioned earlier, Pfizer, Moderna and other experts have given us a potential timeframe for immunity. That means boosters by fall or winter are pretty much inevitable. And that equals demand for these shots before the end of the year.</p>\n<p>So, yes, the message from the CDC and FDA surprised many of us. But it doesn't represent difficulties ahead for Pfizer's and Moderna's booster candidates. Even if the coronavirus situation improves, boosters still will be needed as part of the companies' planned vaccination regimens. So, for vaccine stock investors -- and the companies themselves -- revenue expectations are still very much on track.</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>Does This Shocking CDC Statement Mean Trouble for Pfizer and Moderna?</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\">\nDoes This Shocking CDC Statement Mean Trouble for Pfizer and Moderna?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/12/could-this-cdc-comment-hurt-pfizer-and-moderna/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coronavirus vaccine leaders Pfizer (NYSE:PFE) and Moderna (NASDAQ:MRNA) announced earlier this year that they'd launched clinical trials of booster shot candidates -- and you could almost hear the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/12/could-this-cdc-comment-hurt-pfizer-and-moderna/\">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.fool.com/investing/2021/07/12/could-this-cdc-comment-hurt-pfizer-and-moderna/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150346538","content_text":"Coronavirus vaccine leaders Pfizer (NYSE:PFE) and Moderna (NASDAQ:MRNA) announced earlier this year that they'd launched clinical trials of booster shot candidates -- and you could almost hear the world's collective sigh of relief. As coronavirus variants gained ground, everyone's big worry was staying ahead of them. Boosters may help because they offer the already vaccinated person's immune system an extra push.\nModerna has said it aims to bring a booster to market this fall. And Pfizer just last week said it's ready to file for regulatory approval of its third-shot booster candidate in the coming weeks. On the same day as Pfizer's news, the Centers for Disease Control and Prevention (CDC) and the U.S. Food and Drug Administration (FDA) delivered a startling message. One that could upset Pfizer's and Moderna's booster plans.\n\nImage source: Getty Images.\nNo need for a booster\n\"Americans who have been fully vaccinated do not need a booster shot at this time,\" the agencies said in a joint statement.\nThe reason? Today's vaccines are very efficacious against the original coronavirus and variants so far. And they're especially effective at protecting people from hospitalization and death.\nThis is true. Pfizer and Moderna both have reported six-month follow up data from their phase 3 trials. Their vaccines boast overall efficacy of 91.3% and more than 90%, respectively. And both companies have performed in vitro tests that demonstrate satisfactory vaccine efficacy against variants of concern.\nSo... maybe the U.S. health agencies are right? And maybe this means the companies' chances of selling boosters are getting pretty slim? Wait a minute. Let's not get ahead of ourselves.\nFirst, let's talk about whether the CDC and FDA are right. Technically, they may be right this very moment. The Delta variant -- the strain originating in India -- is becoming more and more prevalent. But overall, coronavirus cases in the U.S. have dropped considerably since April. So, there is evidence the vaccines we have are doing their job. Without the help of boosters.\nBut Pfizer and Moderna themselves have warned of waning immunity several months after vaccination. In the U.S., the new number of vaccine doses administered peaked in early April. That means by October, all of those vaccinated in April and earlier probably should start thinking about getting a booster. Pfizer's CEO has said a booster likely will be needed six to 12 months after initial vaccination.\nEfficacy is declining\nReal world data out of Israel also indicates boosters may be needed sooner rather than later. The Pfizer vaccine -- the vaccine Israel has relied on -- showed only 64% efficacy in preventing the coronavirus last month, according to the country's health ministry. Its efficacy in avoiding hospitalization and death still remains high at 93%. That's the most important goal of the vaccine. But a decline in overall efficacy isn't a trend we want to see continuing. Thus, the need for a booster to give immunity a lift.\nIn my opinion, the CDC and FDA won't be right for very long. If current trends continue, the agencies may find themselves revising their statement by fall -- that's the moment Pfizer and Moderna expected to launch booster shots anyway.\nAnd this leads us to my next point. The CDC and FDA statement today probably won't hurt eventual sales and use of booster shots. The agencies' comments pertained to what's happening right now. Many people have been freshly vaccinated and immunity is strong. But, as mentioned earlier, Pfizer, Moderna and other experts have given us a potential timeframe for immunity. That means boosters by fall or winter are pretty much inevitable. And that equals demand for these shots before the end of the year.\nSo, yes, the message from the CDC and FDA surprised many of us. But it doesn't represent difficulties ahead for Pfizer's and Moderna's booster candidates. Even if the coronavirus situation improves, boosters still will be needed as part of the companies' planned vaccination regimens. So, for vaccine stock investors -- and the companies themselves -- revenue expectations are still very much on track.","news_type":1},"isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142127072,"gmtCreate":1626137730596,"gmtModify":1703754019370,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"Scary…","listText":"Scary…","text":"Scary…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142127072","repostId":"2150346538","repostType":4,"repost":{"id":"2150346538","kind":"highlight","pubTimestamp":1626136200,"share":"https://ttm.financial/m/news/2150346538?lang=&edition=fundamental","pubTime":"2021-07-13 08:30","market":"us","language":"en","title":"Does This Shocking CDC Statement Mean Trouble for Pfizer and Moderna?","url":"https://stock-news.laohu8.com/highlight/detail?id=2150346538","media":"Motley Fool","summary":"It has to do with the companies' next step in the coronavirus vaccine rollout.","content":"<p>Coronavirus vaccine leaders <b>Pfizer</b> (NYSE:PFE) and <b>Moderna </b>(NASDAQ:MRNA) announced earlier this year that they'd launched clinical trials of booster shot candidates -- and you could almost hear the world's collective sigh of relief. As coronavirus variants gained ground, everyone's big worry was staying ahead of them. Boosters may help because they offer the already vaccinated person's immune system an extra push.</p>\n<p>Moderna has said it aims to bring a booster to market this fall. And Pfizer just last week said it's ready to file for regulatory approval of its third-shot booster candidate in the coming weeks. On the same day as Pfizer's news, the Centers for Disease Control and Prevention (CDC) and the U.S. Food and Drug Administration (FDA) delivered a startling message. One that could upset Pfizer's and Moderna's booster plans.</p>\n<p><img src=\"https://static.tigerbbs.com/22a7f086d3f6c542ed455b9b66e1950f\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>No need for a booster</h3>\n<p>\"Americans who have been fully vaccinated do not need a booster shot at this time,\" the agencies said in a joint statement.</p>\n<p>The reason? Today's vaccines are very efficacious against the original coronavirus and variants so far. And they're especially effective at protecting people from hospitalization and death.</p>\n<p>This is true. Pfizer and Moderna both have reported six-month follow up data from their phase 3 trials. Their vaccines boast overall efficacy of 91.3% and more than 90%, respectively. And both companies have performed in vitro tests that demonstrate satisfactory vaccine efficacy against variants of concern.</p>\n<p>So... maybe the U.S. health agencies are right? And maybe this means the companies' chances of selling boosters are getting pretty slim? Wait a minute. Let's not get ahead of ourselves.</p>\n<p>First, let's talk about whether the CDC and FDA are right. Technically, they may be right <i>this very moment</i>. The Delta variant -- the strain originating in India -- is becoming more and more prevalent. But overall, coronavirus cases in the U.S. have dropped considerably since April. So, there is evidence the vaccines we have are doing their job. Without the help of boosters.</p>\n<p>But Pfizer and Moderna&nbsp;themselves have warned of waning immunity several months after vaccination. In the U.S., the new number of vaccine doses administered peaked in early April. That means by October, all of those vaccinated in April and earlier probably should start thinking about getting a booster. Pfizer's CEO has said a booster likely will be needed six to 12 months after initial vaccination.</p>\n<h3>Efficacy is declining</h3>\n<p>Real world data out of Israel also indicates boosters may be needed sooner rather than later. The Pfizer vaccine -- the vaccine Israel has relied on -- showed only 64% efficacy in preventing the coronavirus last month, according to the country's health ministry. Its efficacy in avoiding hospitalization and death still remains high at 93%. That's the most important goal of the vaccine. But a decline in overall efficacy isn't a trend we want to see continuing. Thus, the need for a booster to give immunity a lift.</p>\n<p>In my opinion, the CDC and FDA won't be right for very long. If current trends continue, the agencies may find themselves revising their statement by fall -- that's the moment Pfizer and Moderna expected to launch booster shots anyway.</p>\n<p>And this leads us to my next point. The CDC and FDA statement today probably won't hurt eventual sales and use of booster shots. The agencies' comments pertained to what's happening right now. Many people have been freshly vaccinated and immunity is strong. But, as mentioned earlier, Pfizer, Moderna and other experts have given us a potential timeframe for immunity. That means boosters by fall or winter are pretty much inevitable. And that equals demand for these shots before the end of the year.</p>\n<p>So, yes, the message from the CDC and FDA surprised many of us. But it doesn't represent difficulties ahead for Pfizer's and Moderna's booster candidates. Even if the coronavirus situation improves, boosters still will be needed as part of the companies' planned vaccination regimens. So, for vaccine stock investors -- and the companies themselves -- revenue expectations are still very much on track.</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>Does This Shocking CDC Statement Mean Trouble for Pfizer and Moderna?</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\">\nDoes This Shocking CDC Statement Mean Trouble for Pfizer and Moderna?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/12/could-this-cdc-comment-hurt-pfizer-and-moderna/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coronavirus vaccine leaders Pfizer (NYSE:PFE) and Moderna (NASDAQ:MRNA) announced earlier this year that they'd launched clinical trials of booster shot candidates -- and you could almost hear the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/12/could-this-cdc-comment-hurt-pfizer-and-moderna/\">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.fool.com/investing/2021/07/12/could-this-cdc-comment-hurt-pfizer-and-moderna/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150346538","content_text":"Coronavirus vaccine leaders Pfizer (NYSE:PFE) and Moderna (NASDAQ:MRNA) announced earlier this year that they'd launched clinical trials of booster shot candidates -- and you could almost hear the world's collective sigh of relief. As coronavirus variants gained ground, everyone's big worry was staying ahead of them. Boosters may help because they offer the already vaccinated person's immune system an extra push.\nModerna has said it aims to bring a booster to market this fall. And Pfizer just last week said it's ready to file for regulatory approval of its third-shot booster candidate in the coming weeks. On the same day as Pfizer's news, the Centers for Disease Control and Prevention (CDC) and the U.S. Food and Drug Administration (FDA) delivered a startling message. One that could upset Pfizer's and Moderna's booster plans.\n\nImage source: Getty Images.\nNo need for a booster\n\"Americans who have been fully vaccinated do not need a booster shot at this time,\" the agencies said in a joint statement.\nThe reason? Today's vaccines are very efficacious against the original coronavirus and variants so far. And they're especially effective at protecting people from hospitalization and death.\nThis is true. Pfizer and Moderna both have reported six-month follow up data from their phase 3 trials. Their vaccines boast overall efficacy of 91.3% and more than 90%, respectively. And both companies have performed in vitro tests that demonstrate satisfactory vaccine efficacy against variants of concern.\nSo... maybe the U.S. health agencies are right? And maybe this means the companies' chances of selling boosters are getting pretty slim? Wait a minute. Let's not get ahead of ourselves.\nFirst, let's talk about whether the CDC and FDA are right. Technically, they may be right this very moment. The Delta variant -- the strain originating in India -- is becoming more and more prevalent. But overall, coronavirus cases in the U.S. have dropped considerably since April. So, there is evidence the vaccines we have are doing their job. Without the help of boosters.\nBut Pfizer and Moderna themselves have warned of waning immunity several months after vaccination. In the U.S., the new number of vaccine doses administered peaked in early April. That means by October, all of those vaccinated in April and earlier probably should start thinking about getting a booster. Pfizer's CEO has said a booster likely will be needed six to 12 months after initial vaccination.\nEfficacy is declining\nReal world data out of Israel also indicates boosters may be needed sooner rather than later. The Pfizer vaccine -- the vaccine Israel has relied on -- showed only 64% efficacy in preventing the coronavirus last month, according to the country's health ministry. Its efficacy in avoiding hospitalization and death still remains high at 93%. That's the most important goal of the vaccine. But a decline in overall efficacy isn't a trend we want to see continuing. Thus, the need for a booster to give immunity a lift.\nIn my opinion, the CDC and FDA won't be right for very long. If current trends continue, the agencies may find themselves revising their statement by fall -- that's the moment Pfizer and Moderna expected to launch booster shots anyway.\nAnd this leads us to my next point. The CDC and FDA statement today probably won't hurt eventual sales and use of booster shots. The agencies' comments pertained to what's happening right now. Many people have been freshly vaccinated and immunity is strong. But, as mentioned earlier, Pfizer, Moderna and other experts have given us a potential timeframe for immunity. That means boosters by fall or winter are pretty much inevitable. And that equals demand for these shots before the end of the year.\nSo, yes, the message from the CDC and FDA surprised many of us. But it doesn't represent difficulties ahead for Pfizer's and Moderna's booster candidates. Even if the coronavirus situation improves, boosters still will be needed as part of the companies' planned vaccination regimens. So, for vaccine stock investors -- and the companies themselves -- revenue expectations are still very much on track.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146379597,"gmtCreate":1626055937119,"gmtModify":1703752468050,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"Whats next?","listText":"Whats next?","text":"Whats next?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/146379597","repostId":"2150530903","repostType":4,"repost":{"id":"2150530903","kind":"news","pubTimestamp":1626054984,"share":"https://ttm.financial/m/news/2150530903?lang=&edition=fundamental","pubTime":"2021-07-12 09:56","market":"us","language":"en","title":"Why the meme stock revolution will last","url":"https://stock-news.laohu8.com/highlight/detail?id=2150530903","media":"Yahoo Finance","summary":"“Oh people, look around you. The signs are everywhere.”—Jackson Browne\n\nIt’s the silly season on Wal","content":"<p><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-07/bc096330-e105-11eb-bbfd-0a59a239d459\" tg-width=\"3948\" tg-height=\"2652\" referrerpolicy=\"no-referrer\"></p>\n<blockquote>\n <i>“Oh people, look around you. The signs are everywhere.”—Jackson Browne</i>\n</blockquote>\n<p>It’s the silly season on Wall Street. It’s been the case for a while now, and may continue to be for some time.</p>\n<p>The economy and markets are awash in money; from stimulus checks, Federal Reserve policy moves and rising wages, all of which are boosting stock prices to record highs.</p>\n<p>Interest rates are at record lows which is creating, among other things, massive demand for high-yielding junk bonds, sending their yields below the rate of inflation rate for the first time ever. (Low rates are also contributing to the run-up in stocks, as stocks are now the only investment providing any kind of return.)</p>\n<p>Meanwhile bankers and CEOs are flooding financial markets with initial public offerings, (Krispy Kreme, an ill-fated IPO from 20 years ago — which I got wrong — has gone public again) as well as their shadowy cousins, SPACs (special purpose acquisition companies.)</p>\n<p>Betting against all this froth has proven to be a fool’s errand so far, giving proof yet again to the Wall Street adage: “The market can remain irrational longer than you can remain solvent.” (An old favorite of mine, whose origin is probably Gary Shilling, not Keynes fyi.)</p>\n<p>Underlying all this are several factors; for <a href=\"https://laohu8.com/S/AONE\">one</a>, an uneven yet mostly strong recovery from COVID-19 (at least in the U.S.), as well as the aforementioned (and some say increasingly unnecessary and potentially counterproductive) assistance from the government. Net net though, this is just another cycle, same as coming out of the fourth wave of the Spanish Flu in 1920.</p>\n<p>And yet there are at least two factors that are potentially different this time around; cryptocurrency and the meme stock phenomenon. I won’t dwell on crypto — and all of its potential and foibles — here, but will focus instead on meme stocks and more broadly, the so-called retail investor revolution.</p>\n<p>Before I delve into that though, let me acknowledge that in suggesting something that is unique or new when it comes to the financial markets, triggers another Wall Street aphorism. To wit: “Beware when someone says ‘this time it’s different.’” Meaning, a new business model or trading scheme isn’t really new at its core and the old rules still apply, especially the <a href=\"https://laohu8.com/S/AONE.U\">one</a> that says bubbles always burst.</p>\n<p>The problem though is that sometimes things really are different. Crypto — rat poison though it may be —certainly is, (we’ll find out how sustainably so in our dotage.) As for the retail investor revolution, I’m less certain, but if you consider that the driving force behind it is really technology, then that would seem to be different, and to a degree permanent, which is the crux of what I’d like to explore.</p>\n<p>First, let’s define terms. When I’m talking about meme stocks,* I’m of course speaking of GameStop (GME), AMC (AMC), Blackberry (BB) and a few dozen other usually heretofore off-beat stocks that get talked up online, most prominently at Reddit’s wallstreetbets forum by an army of 10.6 million \"degenerates.\" These investors share tips, ideas and conspiracy theories and buy and sell stocks and options, sometimes trading these securities \"to the moon\" (to use the lexicon). Unless you’ve been in hiding for the past year, you probably know how crazy this all is, with GameStop, $GME, the meme stock poster child, going from $3 to $300 and now back to $190, over the past year.</p>\n<p><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-07/a377b3b0-da72-11eb-aebf-d2bea4a30dac\" tg-width=\"4712\" tg-height=\"3154\" referrerpolicy=\"no-referrer\">SAN FRANCISCO, CALIFORNIA - MARCH 10: A pedestrian walks by a GameStop store on March 10, 2021 in San Francisco, California. Trading of GameStop shares was halted several times on Wednesday due to volatility after the stock surged to a record high of $348.50 per share before falling to below $200 per share. The stock closed at $265 per share. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images</p>\n<p>Who are these people and what are they thinking?</p>\n<p>“A lot of these people who go in there openly say I’m not F-ing selling even if it goes to zero,” says Jaime Rogozinski, Reddit’s WallStreetBets founder. “It’s somebody who knowingly wants to view the market in a different way, and doesn’t care about losing money. Is this how to build slow wealth for the rest of your life? No. It’s how to buy lottery tickets and hopefully win the lottery. And if you lose, you will buy a ticket next week.”</p>\n<p>Got it?</p>\n<p>At first, say six months back, professional investors ridiculed this thinking. Some like Melvin Capital, Light Street Capital and others reportedly bet heavily against meme companies by shorting their stocks — and ended up suffering billions in losses, which in some cases was existential. All to the delight of the WSB crowd. “In general, the stupid money used to be retail but not anymore,” says veteran Wall Street institutional trader Tiger Williams, founder of Williams Trading, who says his firm now tracks and sometimes trades meme stocks and their options.</p>\n<p>Other trends have facilitated the retail revolution more broadly as well, such as fractional shares. This goes back to Warren Buffett who opted decades ago never to split the stock of Berkshire Hathaway (BRK-A, BRK-B) because he figured that not doing so would attract only like-minded investors who wanted to buy and hold Berkshire for long periods of time. A share of Berkshire A now fetches $420,249. It’s true that in 1996 Buffett created lower priced B shares so that investors with less money could buy into Berkshire. Still, Buffett’s idea of not splitting took root. After a few stock splits early on, Amazon has also eschewed the practice (a share of $AMZN goes for $3,728.) Google’s split once, (current price: $2,509). Ditto for the likes of NVR, <a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a> and Cable One.</p>\n<p>I guess you could argue this reduced speculation in these stocks, but it also had the effect of shutting out the little guy. In response, brokers like Schwab, Fidelity and upstart Robinhood (we’ll get to them in a second) started to offer fractional trades where investors could buy a slice of one of these high-priced stocks (or thousands of other, lower priced stocks too) for as little as a dollar. That’s allowed smaller investors to pour into these stocks, no doubt amping up trading and speculation which is exactly what Buffett was trying to prevent. You wonder had these companies just split their stocks when they hit $100 or so as many companies do, if fractional shares and the type of trading that it facilitates would have ever happened. Who knows.</p>\n<p>A bigger facilitator of the retail investor revolution though, has been the emergence of new fintech brokerages like Robinhood which offers commission-free trading made possible in part through a strategy it has embraced called payment for order flow or PFOF. Payment for order flow is a practice where market makers pay Robinhood for the right to execute trades (they still have to be at the best price), allowing those companies to have more insight into the portfolio moves of retail customers. Those trends are valuable information for trading, in some instances this might mean that the market maker jumps in front of customers’ trades, which is called front running.</p>\n<p><img src=\"https://static.tigerbbs.com/503dd96fb5a8c3a895eb42cdb46e7d08\" tg-width=\"5184\" tg-height=\"3456\" referrerpolicy=\"no-referrer\">FILE - In this July 30, 2013, file photo, Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler testifies on Capitol Hill in Washington. Gensler, now chair of the Securities and Exchange Commission, gave a speech Wednesday, June 9, 2021, where he once again decried “gamified” investing. Many trading apps use features that encourage customers to make trades more often. That brings in more revenue for the apps but some research also suggests it leads to lower returns for the average investor. (AP Photo/J. Scott Applewhite, File)ASSOCIATED PRESS</p>\n<p>Robinhood, as you may know, was taken to task by investors and Congress when it restricted trading in GameStop and other stocks this past January during a market flurry in order to meet collateral requirements. The company was hit with a class action lawsuit, and the Financial Industry Regulatory Authority announced that it fined Robinhood $57 million and ordered the company to pay $12.6 million in restitution, plus interest, to thousands of customers for a total settlement of $70 million.</p>\n<p>“To me, that would’ve been a complete game stopper. That’s it, no one will ever forgive Robinhood for this,” says Rogozinski of<b>&nbsp;</b>WallStreetBets. \"[But] they did forgive them. It was a temporary outage, like what happens with my Netflix. Robinhood’s customer base has been growing in numbers since then. People now know that’s the downside of free brokers and they don’t care.”</p>\n<p>Rogozinski is right, none of this has stymied Robinhood’s growth, (indeed millions of young investors and traders, 17.7 million monthly active customers to be precise now trade on Robinhood.) Nor has it prevented Robinhood from moving forward with its plan to go public soon. In the brokerage’s recently filed registration statement, we learn that 75% of the company's revenue came from PFOF via market makers, especially from Chicago-based Citadel Securities, which is run by real-estate lovin’, billionaire Ken Griffin.</p>\n<p>So where to come out on payment for order flow anyway? Good, bad or ugly?</p>\n<p>“Payment for order flow — I’m not really concerned about it,” says Rogozinski. “I used to be, when Robinhood first came out, I disliked it very much, in large part because the execution was terrible. [But] when you have people turn $50,000 into $50 million — I don’t think they’re affected or dissuaded in any way whether they got front run by a few cents.</p>\n<p>Others are less sanguine. “Because of the lack of disclosure, I’m a skeptic,” Tiger Williams says. “To be clear, Williams trading does not use any payments for order flow. We don't think it's in the best interest of our clients.”</p>\n<p>A different perspective comes from Sarah Levy, CEO of Betterment, another fintech firm, who I spoke to a few weeks ago about PFOF. “We do not practice payment for order flow, but we've not ruled it out. What's important about payment for order flow is two things. One is best execution. And the second is transparency. I think the opportunity to give customers better financial outcomes through best execution really depends on the provider. So I don't take a strong opinion either way, except that the customer has to come first. That's what's most important.”</p>\n<p><b>'A dopamine delivery device'</b></p>\n<p>Another knock on Robinhood is that it utilizes what is called gamification, meaning its app is, well, game-like, replete with scratch cards, confetti and congratulatory messages. We asked Dr. Teresa Ghilarducci, a professor of economics at The New School who testified before a Senate subcommittee in March on the risks of retail investing, if the SEC was right to be wary of gamification and payment for order flow: “Those concerns of the SEC are exactly correct,” says Ghilarducci. <b>“</b>Gamification has created a predatory effect on the innocent. I know that firsthand and anecdotally by the responses of some of my students who have abandoned all analytical sense.\"</p>\n<p>“The gamification of Robinhood in particular has distorted their ability to look critically at their behavior and the product. That’s because they’re appealing to the part of my student’s brains that play video games and not to the part of my student's brains that are critical and discerning thinkers. They have hijacked my student's hobby to make them think they're doing something analytical and wise.”</p>\n<p>And it’s true that trading on these slick apps like Robinhood, MooMoo and Public.com are fun and cool, if not self-consciously democratic, never mind growing. (In January alone, 6 million Americans downloaded a trading app.) Check out Public.com which says: “We're on the mission to make the public markets work for all people.” At the same time the app counts a wide array of bold-face names as its investors and advisors, including Will Smith, Scott Galloway, Tony Hawk and JJ Watt.</p>\n<p>“It’s the equivalent of a dopamine delivery device,” says Williams about these apps. “When trading becomes connected to a brain function, well, sure you trade all day long from your iPhone or from your computer in your basement and now back at work too.”</p>\n<p>To those who for years have called for banks and brokers to make their products more accessible to the average human, perhaps they should have been careful of what they wished for, because it has been delivered.</p>\n<p>Just how powerful are these new real investors now? It’s tricky to say because there are various ways of measuring. Williams points to this real-time measuring tool of trading volume here, which shows that the TRF (Trade Reporting Facility) category, mostly retail trading, accounts for around 45% of all activity, that’s up from 37.3% in January 2019, according to Deloitte.</p>\n<p>How much staying power do these new investors have? Again, and sorry to say, unclear. One of the dudes from “The Big Short,” Michael Burry is decidedly bearish, telling Barron’s: “I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails. We’re running out of new money available to jump on the bandwagon.”</p>\n<p>But Matt Tuttle, CEO of Tuttle Capital Management, sees something more permanent and I’m inclined to agree with him to an extent.</p>\n<p>“I think on the trading side, retail investors are a force to be reckoned with. I don’t think it’s going away,” says Tuttle, (whose firm has a new ETF named FOMO that invests in meme stocks.) “Wall Street likes to put out parallels to the late 90s and the internet bubble. There are some similarities, but a lot of really important differences. Back then brokers had all the power. They had access to information. You had to trade through them. Retail investors weren’t connected to each other.\"</p>\n<p>“Now retail guys have access to as good if not better information as the institutional investors have. They have the ability to trade at lightning speed at no commission. Most importantly these guys are connected. When going into a stock they have the same type of power a large institutional investor has. I saw the other day they got AMC to scrap a secondary offering. That’s power. What history tells us is people who have power do not give it up voluntarily, you have to force them out. And the SEC may. Short of that, these guys aren't going anywhere.”</p>\n<p>To me Tuttle’s connected point is the key though. He’s really talking about a network. Meaning the retail revolution is really driven by a technology enabled network, which is empowering the little guy, the retail investor, to a degree at the expense of the big guy, i.e., the institutional investor.</p>\n<p>And that is new.</p>\n<p>It’s a shift that mirrors the consumerization of technology. Meaning that the first wave of technology was the <a href=\"https://laohu8.com/S/IBM\">IBM</a> mainframe managed by a handful of specialists who held sway over vast swaths of information technology. Flash forward to today where with the advent of the iPhone and software like search and apps, (which I wrote about last month in this piece about inflation) and the power dynamic has shifted from an opaque, closed system controlled by an elite to more of a transparent market where the crowd rules.</p>\n<p>Now that is a gross oversimplification, but directionally I stand by it. Also, I’m not judging whether this is good or bad, and to be sure, there will be pain and woe (and triumph) as this plays out, but my point is the retail revolution, such as it is, has staying power.</p>\n<p>And so look for the silliness, in some form, to continue until further notice.</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>Why the meme stock revolution will last</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 the meme stock revolution will last\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 09:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-the-meme-stock-revolution-will-last-093624458.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>“Oh people, look around you. The signs are everywhere.”—Jackson Browne\n\nIt’s the silly season on Wall Street. It’s been the case for a while now, and may continue to be for some time.\nThe economy and ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-the-meme-stock-revolution-will-last-093624458.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3c387ec1db17046e3ed50969d4e06739","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://finance.yahoo.com/news/why-the-meme-stock-revolution-will-last-093624458.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2150530903","content_text":"“Oh people, look around you. The signs are everywhere.”—Jackson Browne\n\nIt’s the silly season on Wall Street. It’s been the case for a while now, and may continue to be for some time.\nThe economy and markets are awash in money; from stimulus checks, Federal Reserve policy moves and rising wages, all of which are boosting stock prices to record highs.\nInterest rates are at record lows which is creating, among other things, massive demand for high-yielding junk bonds, sending their yields below the rate of inflation rate for the first time ever. (Low rates are also contributing to the run-up in stocks, as stocks are now the only investment providing any kind of return.)\nMeanwhile bankers and CEOs are flooding financial markets with initial public offerings, (Krispy Kreme, an ill-fated IPO from 20 years ago — which I got wrong — has gone public again) as well as their shadowy cousins, SPACs (special purpose acquisition companies.)\nBetting against all this froth has proven to be a fool’s errand so far, giving proof yet again to the Wall Street adage: “The market can remain irrational longer than you can remain solvent.” (An old favorite of mine, whose origin is probably Gary Shilling, not Keynes fyi.)\nUnderlying all this are several factors; for one, an uneven yet mostly strong recovery from COVID-19 (at least in the U.S.), as well as the aforementioned (and some say increasingly unnecessary and potentially counterproductive) assistance from the government. Net net though, this is just another cycle, same as coming out of the fourth wave of the Spanish Flu in 1920.\nAnd yet there are at least two factors that are potentially different this time around; cryptocurrency and the meme stock phenomenon. I won’t dwell on crypto — and all of its potential and foibles — here, but will focus instead on meme stocks and more broadly, the so-called retail investor revolution.\nBefore I delve into that though, let me acknowledge that in suggesting something that is unique or new when it comes to the financial markets, triggers another Wall Street aphorism. To wit: “Beware when someone says ‘this time it’s different.’” Meaning, a new business model or trading scheme isn’t really new at its core and the old rules still apply, especially the one that says bubbles always burst.\nThe problem though is that sometimes things really are different. Crypto — rat poison though it may be —certainly is, (we’ll find out how sustainably so in our dotage.) As for the retail investor revolution, I’m less certain, but if you consider that the driving force behind it is really technology, then that would seem to be different, and to a degree permanent, which is the crux of what I’d like to explore.\nFirst, let’s define terms. When I’m talking about meme stocks,* I’m of course speaking of GameStop (GME), AMC (AMC), Blackberry (BB) and a few dozen other usually heretofore off-beat stocks that get talked up online, most prominently at Reddit’s wallstreetbets forum by an army of 10.6 million \"degenerates.\" These investors share tips, ideas and conspiracy theories and buy and sell stocks and options, sometimes trading these securities \"to the moon\" (to use the lexicon). Unless you’ve been in hiding for the past year, you probably know how crazy this all is, with GameStop, $GME, the meme stock poster child, going from $3 to $300 and now back to $190, over the past year.\nSAN FRANCISCO, CALIFORNIA - MARCH 10: A pedestrian walks by a GameStop store on March 10, 2021 in San Francisco, California. Trading of GameStop shares was halted several times on Wednesday due to volatility after the stock surged to a record high of $348.50 per share before falling to below $200 per share. The stock closed at $265 per share. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images\nWho are these people and what are they thinking?\n“A lot of these people who go in there openly say I’m not F-ing selling even if it goes to zero,” says Jaime Rogozinski, Reddit’s WallStreetBets founder. “It’s somebody who knowingly wants to view the market in a different way, and doesn’t care about losing money. Is this how to build slow wealth for the rest of your life? No. It’s how to buy lottery tickets and hopefully win the lottery. And if you lose, you will buy a ticket next week.”\nGot it?\nAt first, say six months back, professional investors ridiculed this thinking. Some like Melvin Capital, Light Street Capital and others reportedly bet heavily against meme companies by shorting their stocks — and ended up suffering billions in losses, which in some cases was existential. All to the delight of the WSB crowd. “In general, the stupid money used to be retail but not anymore,” says veteran Wall Street institutional trader Tiger Williams, founder of Williams Trading, who says his firm now tracks and sometimes trades meme stocks and their options.\nOther trends have facilitated the retail revolution more broadly as well, such as fractional shares. This goes back to Warren Buffett who opted decades ago never to split the stock of Berkshire Hathaway (BRK-A, BRK-B) because he figured that not doing so would attract only like-minded investors who wanted to buy and hold Berkshire for long periods of time. A share of Berkshire A now fetches $420,249. It’s true that in 1996 Buffett created lower priced B shares so that investors with less money could buy into Berkshire. Still, Buffett’s idea of not splitting took root. After a few stock splits early on, Amazon has also eschewed the practice (a share of $AMZN goes for $3,728.) Google’s split once, (current price: $2,509). Ditto for the likes of NVR, Booking Holdings and Cable One.\nI guess you could argue this reduced speculation in these stocks, but it also had the effect of shutting out the little guy. In response, brokers like Schwab, Fidelity and upstart Robinhood (we’ll get to them in a second) started to offer fractional trades where investors could buy a slice of one of these high-priced stocks (or thousands of other, lower priced stocks too) for as little as a dollar. That’s allowed smaller investors to pour into these stocks, no doubt amping up trading and speculation which is exactly what Buffett was trying to prevent. You wonder had these companies just split their stocks when they hit $100 or so as many companies do, if fractional shares and the type of trading that it facilitates would have ever happened. Who knows.\nA bigger facilitator of the retail investor revolution though, has been the emergence of new fintech brokerages like Robinhood which offers commission-free trading made possible in part through a strategy it has embraced called payment for order flow or PFOF. Payment for order flow is a practice where market makers pay Robinhood for the right to execute trades (they still have to be at the best price), allowing those companies to have more insight into the portfolio moves of retail customers. Those trends are valuable information for trading, in some instances this might mean that the market maker jumps in front of customers’ trades, which is called front running.\nFILE - In this July 30, 2013, file photo, Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler testifies on Capitol Hill in Washington. Gensler, now chair of the Securities and Exchange Commission, gave a speech Wednesday, June 9, 2021, where he once again decried “gamified” investing. Many trading apps use features that encourage customers to make trades more often. That brings in more revenue for the apps but some research also suggests it leads to lower returns for the average investor. (AP Photo/J. Scott Applewhite, File)ASSOCIATED PRESS\nRobinhood, as you may know, was taken to task by investors and Congress when it restricted trading in GameStop and other stocks this past January during a market flurry in order to meet collateral requirements. The company was hit with a class action lawsuit, and the Financial Industry Regulatory Authority announced that it fined Robinhood $57 million and ordered the company to pay $12.6 million in restitution, plus interest, to thousands of customers for a total settlement of $70 million.\n“To me, that would’ve been a complete game stopper. That’s it, no one will ever forgive Robinhood for this,” says Rogozinski of WallStreetBets. \"[But] they did forgive them. It was a temporary outage, like what happens with my Netflix. Robinhood’s customer base has been growing in numbers since then. People now know that’s the downside of free brokers and they don’t care.”\nRogozinski is right, none of this has stymied Robinhood’s growth, (indeed millions of young investors and traders, 17.7 million monthly active customers to be precise now trade on Robinhood.) Nor has it prevented Robinhood from moving forward with its plan to go public soon. In the brokerage’s recently filed registration statement, we learn that 75% of the company's revenue came from PFOF via market makers, especially from Chicago-based Citadel Securities, which is run by real-estate lovin’, billionaire Ken Griffin.\nSo where to come out on payment for order flow anyway? Good, bad or ugly?\n“Payment for order flow — I’m not really concerned about it,” says Rogozinski. “I used to be, when Robinhood first came out, I disliked it very much, in large part because the execution was terrible. [But] when you have people turn $50,000 into $50 million — I don’t think they’re affected or dissuaded in any way whether they got front run by a few cents.\nOthers are less sanguine. “Because of the lack of disclosure, I’m a skeptic,” Tiger Williams says. “To be clear, Williams trading does not use any payments for order flow. We don't think it's in the best interest of our clients.”\nA different perspective comes from Sarah Levy, CEO of Betterment, another fintech firm, who I spoke to a few weeks ago about PFOF. “We do not practice payment for order flow, but we've not ruled it out. What's important about payment for order flow is two things. One is best execution. And the second is transparency. I think the opportunity to give customers better financial outcomes through best execution really depends on the provider. So I don't take a strong opinion either way, except that the customer has to come first. That's what's most important.”\n'A dopamine delivery device'\nAnother knock on Robinhood is that it utilizes what is called gamification, meaning its app is, well, game-like, replete with scratch cards, confetti and congratulatory messages. We asked Dr. Teresa Ghilarducci, a professor of economics at The New School who testified before a Senate subcommittee in March on the risks of retail investing, if the SEC was right to be wary of gamification and payment for order flow: “Those concerns of the SEC are exactly correct,” says Ghilarducci. “Gamification has created a predatory effect on the innocent. I know that firsthand and anecdotally by the responses of some of my students who have abandoned all analytical sense.\"\n“The gamification of Robinhood in particular has distorted their ability to look critically at their behavior and the product. That’s because they’re appealing to the part of my student’s brains that play video games and not to the part of my student's brains that are critical and discerning thinkers. They have hijacked my student's hobby to make them think they're doing something analytical and wise.”\nAnd it’s true that trading on these slick apps like Robinhood, MooMoo and Public.com are fun and cool, if not self-consciously democratic, never mind growing. (In January alone, 6 million Americans downloaded a trading app.) Check out Public.com which says: “We're on the mission to make the public markets work for all people.” At the same time the app counts a wide array of bold-face names as its investors and advisors, including Will Smith, Scott Galloway, Tony Hawk and JJ Watt.\n“It’s the equivalent of a dopamine delivery device,” says Williams about these apps. “When trading becomes connected to a brain function, well, sure you trade all day long from your iPhone or from your computer in your basement and now back at work too.”\nTo those who for years have called for banks and brokers to make their products more accessible to the average human, perhaps they should have been careful of what they wished for, because it has been delivered.\nJust how powerful are these new real investors now? It’s tricky to say because there are various ways of measuring. Williams points to this real-time measuring tool of trading volume here, which shows that the TRF (Trade Reporting Facility) category, mostly retail trading, accounts for around 45% of all activity, that’s up from 37.3% in January 2019, according to Deloitte.\nHow much staying power do these new investors have? Again, and sorry to say, unclear. One of the dudes from “The Big Short,” Michael Burry is decidedly bearish, telling Barron’s: “I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails. We’re running out of new money available to jump on the bandwagon.”\nBut Matt Tuttle, CEO of Tuttle Capital Management, sees something more permanent and I’m inclined to agree with him to an extent.\n“I think on the trading side, retail investors are a force to be reckoned with. I don’t think it’s going away,” says Tuttle, (whose firm has a new ETF named FOMO that invests in meme stocks.) “Wall Street likes to put out parallels to the late 90s and the internet bubble. There are some similarities, but a lot of really important differences. Back then brokers had all the power. They had access to information. You had to trade through them. Retail investors weren’t connected to each other.\"\n“Now retail guys have access to as good if not better information as the institutional investors have. They have the ability to trade at lightning speed at no commission. Most importantly these guys are connected. When going into a stock they have the same type of power a large institutional investor has. I saw the other day they got AMC to scrap a secondary offering. That’s power. What history tells us is people who have power do not give it up voluntarily, you have to force them out. And the SEC may. Short of that, these guys aren't going anywhere.”\nTo me Tuttle’s connected point is the key though. He’s really talking about a network. Meaning the retail revolution is really driven by a technology enabled network, which is empowering the little guy, the retail investor, to a degree at the expense of the big guy, i.e., the institutional investor.\nAnd that is new.\nIt’s a shift that mirrors the consumerization of technology. Meaning that the first wave of technology was the IBM mainframe managed by a handful of specialists who held sway over vast swaths of information technology. Flash forward to today where with the advent of the iPhone and software like search and apps, (which I wrote about last month in this piece about inflation) and the power dynamic has shifted from an opaque, closed system controlled by an elite to more of a transparent market where the crowd rules.\nNow that is a gross oversimplification, but directionally I stand by it. Also, I’m not judging whether this is good or bad, and to be sure, there will be pain and woe (and triumph) as this plays out, but my point is the retail revolution, such as it is, has staying power.\nAnd so look for the silliness, in some form, to continue until further notice.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148768479,"gmtCreate":1626018694991,"gmtModify":1703751999627,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"Oh shucks doesnt that mean i need to buy new ones??","listText":"Oh shucks doesnt that mean i need to buy new ones??","text":"Oh shucks doesnt that mean i need to buy new ones??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/148768479","repostId":"1166379040","repostType":4,"repost":{"id":"1166379040","kind":"news","pubTimestamp":1625968800,"share":"https://ttm.financial/m/news/1166379040?lang=&edition=fundamental","pubTime":"2021-07-11 10:00","market":"us","language":"en","title":"Apple AirPod batteries are almost impossible to replace, showing the need for right-to-repair reform","url":"https://stock-news.laohu8.com/highlight/detail?id=1166379040","media":"CNBC","summary":"KEY POINTS\n\nOwners have noticed that Apple AirPods eventually will last only an hour or so before ne","content":"<div>\n<p>KEY POINTS\n\nOwners have noticed that Apple AirPods eventually will last only an hour or so before needing to be recharged, compared to their four-to-five-hour battery life out of the box.\nBut it’s ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/10/apple-airpod-battery-life-problem-shows-need-for-right-to-repair-laws.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>Apple AirPod batteries are almost impossible to replace, showing the need for right-to-repair reform</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple AirPod batteries are almost impossible to replace, showing the need for right-to-repair reform\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-11 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/10/apple-airpod-battery-life-problem-shows-need-for-right-to-repair-laws.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nOwners have noticed that Apple AirPods eventually will last only an hour or so before needing to be recharged, compared to their four-to-five-hour battery life out of the box.\nBut it’s ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/10/apple-airpod-battery-life-problem-shows-need-for-right-to-repair-laws.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/07/10/apple-airpod-battery-life-problem-shows-need-for-right-to-repair-laws.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1166379040","content_text":"KEY POINTS\n\nOwners have noticed that Apple AirPods eventually will last only an hour or so before needing to be recharged, compared to their four-to-five-hour battery life out of the box.\nBut it’s almost impossible to replace the battery at home because AirPods are tiny, packed with components, and hard to take apart.\nA new startup called PodSwap is aiming to make it easier to repair AirPods and keep them out of landfills or recycling plants, but its challenges show the need for right-to-repair laws.\n\nWhen AirPods were first released in 2016, they were a marvel of miniaturization.\nTo ditch cords and go wireless,Apple packed several chips, microphones and speakers into each headphone, which weigh about 4 grams. Without a cord, the earbud gets its power from a tiny cylindrical battery that has about 1% of the capacity of an iPhone’s battery.\nBut lithium-ion batteries, like those used by the AirPods, wear out the more they are used.\nSome owners have noticed that, after a few years, used AirPods eventually will last only an hour or so before needing to be recharged -- a big decay from the four-to-five-hour battery life they have when new. Because each AirPod is so small and so tightly packed into its housing, it’s almost impossible to swap out the old battery for a new one. Most people give up and just buy a new pair.\nThe limited lifespan of AirPods is exactly the kind of problem that the “right-to-repair” movement wants to fix. Repair shops and lobbyists that support repair reform want lawmakers to implement a variety of rules, including increased access to manuals and official parts and consumer protections around warranties.\nBut one of their most important requests is for companies to design products with repair in mind, instead of packing gadgets with unlabeled parts and sticking them together with glue, forcing users to use a knife to take them apart.\nThis desire puts repair advocates at odds with hardware companies like Apple, whose business models depend on customers upgrading to the latest model every few years. When Apple offered cheap iPhone battery repairs a few years ago, it hurt sales as consumers were able to hang on to their old phones for longer instead of upgrading. Apple also charges customers for repairs and extended warranties.\n“We design our products for durability in order to minimize the need for repair,” Apple wrote in an environmental report earlier this year. “But in the instance a repair is needed, we believe our customers should have convenient access to safe and reliable repair services, to get their product back up and running as quickly as possible.”\nThe right-to-repair movement gains steam\nPolicymakers have started to engage more closely with right-to-repair advocates in recent years. State-level bills have been introduced in a majority of states, but electronics companies have lobbied against them and none have passed.\nIn May, the Federal Trade Commission released a 56-page report on repair restrictions, concluding that repair restrictions have “steered consumers into manufacturers’ repair networks or to replace products before the end of their useful lives” — exactly the problem users are running into with their AirPods.\nThe Biden administration on Friday ordered the FTC to write new regulations targeted at limiting manufacturers’ ability to hamper independent or do-it-yourself repairs as part of a sweeping executive order. New repair rules have not yet been drafted.\n“Tech and other companies impose restrictions on self and third-party repairs, making repairs more costly and time-consuming, such as by restricting the distribution of parts, diagnostics, and repair tools,” the White House wrote in a fact sheet about the order on Friday, linking to a story about fixing Apple products. Apple declined to comment on the White House executive order.\nThe FTC has not said what it plans to do, but repair advocates want a few key policy changes, as detailed in its May report. They want companies to be required to make official replacement parts available. They want access to tools that could make repairs easier without reverse-engineering the tools or parts themselves. And ultimately, they want products to be designed with longer lifespans.\nApple is not the only company that would be affected by these policies. Much of the recent pressure is on medical device companies and tractor manufacturers. But given Apple’s ubiquity, it has become a poster child for repair, especially because it promotes its environmental efforts as a corporate value.\nApple has launched a program it calls the “Independent Repair Program” which gives repair shops the option to enter into a certification process and contract with Apple in order to get access to authentic Apple parts, tools and manuals.\nApple has also reduced the price of its battery replacement for iPhones, and recent models have been designed to make it easier to replace a battery or cracked screen, according to iFixit. Plus, compared to other consumer electronics companies, Apple has a large existing network of stores and authorized repair shops.\nStill, many Apple products remain challenging to repair at home or as a business with no contact with Apple.\nThe only AirPods battery replacement company\niFixit, a company that provides disassembly instructions and sells replacement parts for gadgets, gives AirPods models a score of zero out of 10 for repairability. According to iFixit, repairing these earbuds involves soldering, hot air guns and slicing through glue — that is, if replacement battery parts are even available. In the end, a would-be home repairer would have to put the four-gram computer back together again.\nApple provides “battery service” for AirPods, at the cost of $49 per earbud. But functionally, Apple simply gives you a replacement pair, and the old earbuds are recycled. It’s not a repair, it’s a replacement. And it’s expensive. AirPods originally cost $159, so opting for battery service costs more than half of the price of a new pair.\nApple sold about 72.8 million AirPods units in 2020, according to a CounterPoint research estimate, so tens of millions of consumers will face the same lack of choice in the coming years.\nPodSwap is a Miami company founded by Emma Stritzinger and Emily Alpert which aims to keep AirPods “out of the landfill.” They’re not associated with Apple.\nThey believe they’re the only company performing AirPod battery replacements, although other companies “refurbish” old AirPods, the founders told CNBC. The company was formed after the founders experienced dying AirPods themselves and thought that upgrading or replacing them would be wasteful and impractical.\nI recently replaced a pair of AirPods that were only holding a charge for 45 minutes -- too short to complete a phone call. I paid $59 on PodSwap’s Shopify site and a few days later received a replacement pair of AirPods with new batteries. They weren’t my old AirPods, they were another set that had their batteries replaced.\nAlong with those new pods, PodSwap includes a box and a return label. It wants your old AirPods back. It then cleans and sanitizes the old pair, puts in new batteries and sends them out to the next person who wants to change the battery in their old AirPods.\nBut PodSwap faces many challenges that show why repair advocates want new rules. Alpert said the design of the AirPod makes it challenging for repair shops or companies like theirs to do a lot of battery replacements. PodSwap’s process uses both robotics and manual labor, the founders said.\n“The process was developed through trial and error and a large number of units were ‘sacrificed’ and ultimately recycled. One major challenge we faced was overcoming the uniqueness of this product. Each AirPod is assembled with slight differences, which creates complexity in the disassembly,” Alpert said.\nPodSwap plans to soon offer service for the AirPods Pro, a newer model that costs $249 and are, surprisingly, powered by a standard-sized coin battery.\nBut the AirPods Pro have many of the same problems as the first model — tight tolerances, potential damage while taking them apart, a lack of replacement parts, and a design that suggests the product was always designed to last a limited time.\n“We have found the AirPods Pro’s batteries to be more difficult to replace,” Alpert said. “The ergonomic design and tight unforgiving tolerances make it exceptionally challenging to replace the batteries repeatedly, with a high degree of efficiency.”\nPodSwap wasn’t totally seamless for me — I got sent a combination of “first generation” and “second generation” AirPods. They caused my iPhone to send error messages, but I sent an email to PodSwap and a day or two later I got a second replacement set, which worked.\nAfter that, I sent my first replacement set and my old AirPods back. The AirPods I received look and work like new.\nI plan on trying to get another four years out of them.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141565081,"gmtCreate":1625881139543,"gmtModify":1703750316286,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"Buyyyyyy!!","listText":"Buyyyyyy!!","text":"Buyyyyyy!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/141565081","repostId":"2150326565","repostType":4,"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143043652,"gmtCreate":1625753595376,"gmtModify":1703747909528,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"Shiatzzzz ?","listText":"Shiatzzzz ?","text":"Shiatzzzz ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/143043652","repostId":"1162204971","repostType":4,"repost":{"id":"1162204971","kind":"news","pubTimestamp":1625752171,"share":"https://ttm.financial/m/news/1162204971?lang=&edition=fundamental","pubTime":"2021-07-08 21:49","market":"us","language":"en","title":"Why is the stock market down today?","url":"https://stock-news.laohu8.com/highlight/detail?id=1162204971","media":"seekingalpha","summary":"Wall Street is seeing the kind of market slump thats's been rare this summer.\nThe S&P(SP500) -1.3%, ","content":"<ul>\n <li>Wall Street is seeing the kind of market slump thats's been rare this summer.</li>\n <li>The S&amp;P(SP500)&nbsp;-1.3%, Nasdaq(COMP.IND)&nbsp;-1.5%&nbsp;and Dow Jones(DJI)&nbsp;-1.2%&nbsp;are all sharply lower.</li>\n <li>The S&amp;P has finished down more than 1% just once since the start of June.</li>\n <li>A big factor in what stocks are reacting to is the quick plunge in Treasury yields, with the curve flattening.</li>\n <li>They are down again this morning, although off lows, with the 10-year Traesury yield(NYSEARCA:TBT)(NASDAQ:TLT)&nbsp;down 3 basis points to 1.29% and touching levels last seen in February.</li>\n <li>The consensus from Wall Street has been for higher yields, with the median forecast at 1.75% for the end of 2021. That's catching a lot of traders who are short bonds flat-footed in what is known as a \"pain trade.\"</li>\n <li>One theory for the decline in yields is that investors areworried about economic growth arriving weaker than expected, especially withincreasing COVID Delta variant cases, which would hurt value and cyclical stocks.</li>\n <li>Mixed economic data, especially a bigger-than-expected drop in the ISM services index this week, added to the downward momentum on yields.</li>\n <li>\"The market is sort of taking a deep breath,\" said Subadra Rajappa, head of U.S. rates strategy at Société Générale. \"Are those optimistic forecasts (for economic growth and inflation) actually achievable?\"</li>\n <li>\"The (stock) market is great, the question is where's the leadership, what wins the market, because the market still wants to go up and to the right,\" Credit Suisse equity strategist Jonathan Golub said on Bloomberg.</li>\n <li>China's regulatory actions are also causing market jitters after its crackdown on DiDi. Chinese companies are slumping early andMorgan Stanley says Tesla will likley feel effects as well.</li>\n <li>Another explation for the yield tumble is that that traders think the Fed is making a mistake in pulling ahead rate hike expectations, which could stifle the recovery.</li>\n <li>A&nbsp;similar situation happened in late 2018 and the Fed ultimately reversed policy.</li>\n <li>But Jemore Schneider, PIMCO head of short-term portfolio management, told Bloomberg the rate trend is still up, which would bode well for recovery stocks.</li>\n <li>\"We are of the bias that this is a steepening trend propeled by higher growth over that medium term,\" Schneider said.</li>\n <li>\"It all comes down to inflation expectations, and if those expectations are quenched by a more responsive Fed\" that would push asset tapering into the spotlight \"then you can actually see a rally on the back of the curve,\" he added.</li>\n <li>\"But ultimately over time this is a growth story, a recovery story that will lead to higher rates.\"</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is the stock market down 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 is the stock market down today?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 21:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3713636-why-is-the-stock-market-down-today><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street is seeing the kind of market slump thats's been rare this summer.\nThe S&P(SP500) -1.3%, Nasdaq(COMP.IND) -1.5% and Dow Jones(DJI) -1.2% are all sharply lower.\nThe S&P has finished down ...</p>\n\n<a href=\"https://seekingalpha.com/news/3713636-why-is-the-stock-market-down-today\">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"},"source_url":"https://seekingalpha.com/news/3713636-why-is-the-stock-market-down-today","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1162204971","content_text":"Wall Street is seeing the kind of market slump thats's been rare this summer.\nThe S&P(SP500) -1.3%, Nasdaq(COMP.IND) -1.5% and Dow Jones(DJI) -1.2% are all sharply lower.\nThe S&P has finished down more than 1% just once since the start of June.\nA big factor in what stocks are reacting to is the quick plunge in Treasury yields, with the curve flattening.\nThey are down again this morning, although off lows, with the 10-year Traesury yield(NYSEARCA:TBT)(NASDAQ:TLT) down 3 basis points to 1.29% and touching levels last seen in February.\nThe consensus from Wall Street has been for higher yields, with the median forecast at 1.75% for the end of 2021. That's catching a lot of traders who are short bonds flat-footed in what is known as a \"pain trade.\"\nOne theory for the decline in yields is that investors areworried about economic growth arriving weaker than expected, especially withincreasing COVID Delta variant cases, which would hurt value and cyclical stocks.\nMixed economic data, especially a bigger-than-expected drop in the ISM services index this week, added to the downward momentum on yields.\n\"The market is sort of taking a deep breath,\" said Subadra Rajappa, head of U.S. rates strategy at Société Générale. \"Are those optimistic forecasts (for economic growth and inflation) actually achievable?\"\n\"The (stock) market is great, the question is where's the leadership, what wins the market, because the market still wants to go up and to the right,\" Credit Suisse equity strategist Jonathan Golub said on Bloomberg.\nChina's regulatory actions are also causing market jitters after its crackdown on DiDi. Chinese companies are slumping early andMorgan Stanley says Tesla will likley feel effects as well.\nAnother explation for the yield tumble is that that traders think the Fed is making a mistake in pulling ahead rate hike expectations, which could stifle the recovery.\nA similar situation happened in late 2018 and the Fed ultimately reversed policy.\nBut Jemore Schneider, PIMCO head of short-term portfolio management, told Bloomberg the rate trend is still up, which would bode well for recovery stocks.\n\"We are of the bias that this is a steepening trend propeled by higher growth over that medium term,\" Schneider said.\n\"It all comes down to inflation expectations, and if those expectations are quenched by a more responsive Fed\" that would push asset tapering into the spotlight \"then you can actually see a rally on the back of the curve,\" he added.\n\"But ultimately over time this is a growth story, a recovery story that will lead to higher rates.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155440471,"gmtCreate":1625450553993,"gmtModify":1703741925058,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581581482227808","idStr":"3581581482227808"},"themes":[],"htmlText":"Good to know","listText":"Good to know","text":"Good to know","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/155440471","repostId":"1195697491","repostType":4,"repost":{"id":"1195697491","kind":"news","pubTimestamp":1625449586,"share":"https://ttm.financial/m/news/1195697491?lang=&edition=fundamental","pubTime":"2021-07-05 09:46","market":"us","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1195697491","media":"Bloomberg","summary":"Chinese President Xi Jinping and EU leaders are expected to hold a video call as tensions flare. Sau","content":"<p>Chinese President Xi Jinping and EU leaders are expected to hold a video call as tensions flare. Saudi Arabia insists the OPEC+ must extend its production agreement, despite pushback from the United Arab Emirates. China orders Didi’s removal&nbsp;from app stores.&nbsp;The delta variant continues to create havoc globally. Here’s what you need to know.</p>\n<p>Tensions Flare</p>\n<p>Chinese President&nbsp;Xi Jinping, German Chancellor&nbsp;Angela Merkel and French President&nbsp;Emmanuel Macron&nbsp;areexpected to hold a video callthis week, according to&nbsp;people with knowledge of the matter.&nbsp;The agenda isn’t yet known.&nbsp;The talks will be closely dissected as the EU&nbsp;and China’s once-cordial relations&nbsp;turn tense&nbsp;over a stalled trade deal and human-rights sanctions.&nbsp;Macron&nbsp;is said to be keen to promote the interests of Airbus&nbsp;and to press Xi on easing China’s travel restrictions on&nbsp;EU citizens, especially businesspeople.</p>\n<p>Markets Wrap</p>\n<p>Asian stockslook set for a steady startafter U.S. shares climbed further on speculation the Federal Reserve has room to&nbsp;continue providing substantial stimulus support.&nbsp;The S&amp;P 500 reached a record for a seventh straight day on Friday aftera jobs reportsignaled that U.S. recovery is gaining steam, but not at a pace that would prompt the central bank to taper stimulus quickly. Trading in the U.S. dollar may be subdued with American markets closed for Independence Day. Investors are also awaiting Fed minutes later this week for clues on its policy outlook.</p>\n<p><b>Sponsored Content byGlobal X ETFs</b></p>\n<p><b>Lithium &amp; Battery Supply Key to Growing EV Demand</b></p>\n<p>As electric vehicle (EV) sales grow and more legacy automakers enter the EV race, battery demand is taking off.We recently exploredthe market dynamics of lithium mining and battery production and what governments are doing to help secure supply chains.</p>\n<p>The Plan</p>\n<p>Oil remains in the spotlight over an OPEC+ dispute&nbsp;that has cast doubt on a deal that could ease a surge in prices. Saudi Arabia insisted on Sunday night that OPEC+must extend its production agreementto the end of next year, sticking to a plan that has drawn strong opposition from the United Arab Emirates. “We have to extend,” Saudi Energy Minister Prince Abdulaziz bin Salman said ina Bloomberg TV interview.&nbsp;In an indication of the seriousness of the diplomatic&nbsp;standoff, Prince Abdulaziz implied that Abu Dhabi was isolated within the OPEC+ alliance. “It’s the whole group versus one country. I’m sad but that’s the reality of the day,” he said. The UAE,&nbsp;demanding better terms for itself, on Fridayblocked an OPEC+ dealthat cartel leaders Russia and Saudi Arabia hashed out to increase output.&nbsp;Abu Dhabi is forcing allies into a difficult position: accept its requests&nbsp;orrisk unravelingthe&nbsp;alliance.</p>\n<p>Major Blow</p>\n<p>China’s cyberspace regulator orderedapp stores to remove&nbsp;Didi, dealing a major blow to the&nbsp;ride-hailing giant just days after launching one of thelargest U.S. IPOsof the past decade. The Cyberspace Administration of China cited violations stemming from Didi’s&nbsp;collection and usage of personal data. The&nbsp;unusually swift decision came two days after the regulator said it was conducting&nbsp;a cybersecurity review of the firm. In effect, the largest app stores in China, operated by the likes of&nbsp;Apple, Huawei and&nbsp;Xiaomi, are required to strike off Didi. But the current half billion or so users can continue to order rides and other services as long as they downloaded the app before Sunday’s order.</p>\n<p>Rapid Spread</p>\n<p>As the more contagious delta variant spreads,new fault lines are forming&nbsp;for developing nations and their currencies. The economic squeeze from tighter restrictions&nbsp;may heighten pressure on their central banks to remain accommodative, and could deepen the divide between emerging and developed markets.&nbsp;Only a few developing nations —&nbsp;Chile, China, Israel, the UAE and Central Eastern European countries — havevaccinated close to halfof their populations, the level seen as needed to curb the&nbsp;strain’s transmission. South Koreareversed a decisionto relax mask rules&nbsp;after a spike in infections, driven by people in their 20s and 30s and the variant.&nbsp;Meanwhile in England, anti-virus rules, including a&nbsp;mask requirement, will become “matters of personal choice” whencurbs are&nbsp;lifted&nbsp;this month. Still, outbreaks in Europe couldcut short a revivalin air travel.</p>\n<p>And finally, here’s what Cormac’s&nbsp;interested in today</p>\n<p>With gains in June sticking to the seasonal script for global stocks, July should be more of the same if&nbsp;historical patterns hold. The MSCI AC World Index has risen 1.9% this month on average over the last 10 years and volatility —&nbsp;as measured by the VIX Index —&nbsp;has retreated, according to data compiled by&nbsp;Bloomberg.</p>\n<p><img src=\"https://static.tigerbbs.com/0d4a66af4517d5d550c874dffd6826d6\" tg-width=\"800\" tg-height=\"646\" referrerpolicy=\"no-referrer\">But the data also show bulls don’t have much time to get comfy.&nbsp;Price swings come roaring&nbsp;back in August and stocks retreat. The VIX’s average jump that month is about 19% over the last decade. Of course, the move is exaggerated somewhat by the volatility gauge’s more than doubling during the August&nbsp;2015 China selloff/flash crash,&nbsp;but only in terms of magnitude not in direction.</p>\n<p>And while seasonality&nbsp;is rightly criticised regarding stock moves, there is a bit more logic to it in terms of volatility.&nbsp;Trading activity does dry up in the summer months so prices tend to swing more in the thin liquidity.</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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 09:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-04/five-things-you-need-to-know-to-start-your-day?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese President Xi Jinping and EU leaders are expected to hold a video call as tensions flare. Saudi Arabia insists the OPEC+ must extend its production agreement, despite pushback from the United ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-04/five-things-you-need-to-know-to-start-your-day?srnd=premium-asia\">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.bloomberg.com/news/newsletters/2021-07-04/five-things-you-need-to-know-to-start-your-day?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195697491","content_text":"Chinese President Xi Jinping and EU leaders are expected to hold a video call as tensions flare. Saudi Arabia insists the OPEC+ must extend its production agreement, despite pushback from the United Arab Emirates. China orders Didi’s removal from app stores. The delta variant continues to create havoc globally. Here’s what you need to know.\nTensions Flare\nChinese President Xi Jinping, German Chancellor Angela Merkel and French President Emmanuel Macron areexpected to hold a video callthis week, according to people with knowledge of the matter. The agenda isn’t yet known. The talks will be closely dissected as the EU and China’s once-cordial relations turn tense over a stalled trade deal and human-rights sanctions. Macron is said to be keen to promote the interests of Airbus and to press Xi on easing China’s travel restrictions on EU citizens, especially businesspeople.\nMarkets Wrap\nAsian stockslook set for a steady startafter U.S. shares climbed further on speculation the Federal Reserve has room to continue providing substantial stimulus support. The S&P 500 reached a record for a seventh straight day on Friday aftera jobs reportsignaled that U.S. recovery is gaining steam, but not at a pace that would prompt the central bank to taper stimulus quickly. Trading in the U.S. dollar may be subdued with American markets closed for Independence Day. Investors are also awaiting Fed minutes later this week for clues on its policy outlook.\nSponsored Content byGlobal X ETFs\nLithium & Battery Supply Key to Growing EV Demand\nAs electric vehicle (EV) sales grow and more legacy automakers enter the EV race, battery demand is taking off.We recently exploredthe market dynamics of lithium mining and battery production and what governments are doing to help secure supply chains.\nThe Plan\nOil remains in the spotlight over an OPEC+ dispute that has cast doubt on a deal that could ease a surge in prices. Saudi Arabia insisted on Sunday night that OPEC+must extend its production agreementto the end of next year, sticking to a plan that has drawn strong opposition from the United Arab Emirates. “We have to extend,” Saudi Energy Minister Prince Abdulaziz bin Salman said ina Bloomberg TV interview. In an indication of the seriousness of the diplomatic standoff, Prince Abdulaziz implied that Abu Dhabi was isolated within the OPEC+ alliance. “It’s the whole group versus one country. I’m sad but that’s the reality of the day,” he said. The UAE, demanding better terms for itself, on Fridayblocked an OPEC+ dealthat cartel leaders Russia and Saudi Arabia hashed out to increase output. Abu Dhabi is forcing allies into a difficult position: accept its requests orrisk unravelingthe alliance.\nMajor Blow\nChina’s cyberspace regulator orderedapp stores to remove Didi, dealing a major blow to the ride-hailing giant just days after launching one of thelargest U.S. IPOsof the past decade. The Cyberspace Administration of China cited violations stemming from Didi’s collection and usage of personal data. The unusually swift decision came two days after the regulator said it was conducting a cybersecurity review of the firm. In effect, the largest app stores in China, operated by the likes of Apple, Huawei and Xiaomi, are required to strike off Didi. But the current half billion or so users can continue to order rides and other services as long as they downloaded the app before Sunday’s order.\nRapid Spread\nAs the more contagious delta variant spreads,new fault lines are forming for developing nations and their currencies. The economic squeeze from tighter restrictions may heighten pressure on their central banks to remain accommodative, and could deepen the divide between emerging and developed markets. Only a few developing nations — Chile, China, Israel, the UAE and Central Eastern European countries — havevaccinated close to halfof their populations, the level seen as needed to curb the strain’s transmission. South Koreareversed a decisionto relax mask rules after a spike in infections, driven by people in their 20s and 30s and the variant. Meanwhile in England, anti-virus rules, including a mask requirement, will become “matters of personal choice” whencurbs are lifted this month. Still, outbreaks in Europe couldcut short a revivalin air travel.\nAnd finally, here’s what Cormac’s interested in today\nWith gains in June sticking to the seasonal script for global stocks, July should be more of the same if historical patterns hold. The MSCI AC World Index has risen 1.9% this month on average over the last 10 years and volatility — as measured by the VIX Index — has retreated, according to data compiled by Bloomberg.\nBut the data also show bulls don’t have much time to get comfy. Price swings come roaring back in August and stocks retreat. The VIX’s average jump that month is about 19% over the last decade. Of course, the move is exaggerated somewhat by the volatility gauge’s more than doubling during the August 2015 China selloff/flash crash, but only in terms of magnitude not in direction.\nAnd while seasonality is rightly criticised regarding stock moves, there is a bit more logic to it in terms of volatility. Trading activity does dry up in the summer months so prices tend to swing more in the thin liquidity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9000401962,"gmtCreate":1640250553871,"gmtModify":1676533511840,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Did you managed to catch the wave and&nbsp;buy at 900? Rose back up to 1000 again","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Did you managed to catch the wave and&nbsp;buy at 900? Rose back up to 1000 again","text":"$Tesla Motors(TSLA)$Did you managed to catch the wave and buy at 900? Rose back up to 1000 again","images":[{"img":"https://static.itradeup.com/news/832c65241be47bd7ff241b9999ae952c","width":"1125","height":"3669"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9000401962","isVote":1,"tweetType":1,"viewCount":958,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"content":"How much have you stocked up?","text":"How much have you stocked up?","html":"How much have you stocked up?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9097798627,"gmtCreate":1645548886197,"gmtModify":1676534038437,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Will it go lower than 800?","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Will it go lower than 800?","text":"$Tesla Motors(TSLA)$Will it go lower than 800?","images":[{"img":"https://static.itradeup.com/news/164263c19803e4a79bc734123969b406","width":"1125","height":"3555"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9097798627","isVote":1,"tweetType":1,"viewCount":2124,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"content":"How low do you think it will go?","text":"How low do you think it will go?","html":"How low do you think it will go?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":882228562,"gmtCreate":1631698022756,"gmtModify":1676530611745,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"[Sad]&nbsp;","listText":"[Sad]&nbsp;","text":"[Sad]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":15,"repostSize":0,"link":"https://ttm.financial/post/882228562","repostId":"1148341685","repostType":4,"repost":{"id":"1148341685","kind":"news","pubTimestamp":1631660884,"share":"https://ttm.financial/m/news/1148341685?lang=&edition=fundamental","pubTime":"2021-09-15 07:08","market":"us","language":"en","title":"U.S. stocks close lower on worries over recovery, corporate tax hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1148341685","media":"Reuters","summary":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing","content":"<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.</p>\n<p>Optimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.</p>\n<p>So far this month the S&amp;P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.</p>\n<p>“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”</p>\n<p>The advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.</p>\n<p>“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”</p>\n<p>The CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.</p>\n<p>U.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]</p>\n<p>The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p>\n<p>The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&amp;P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p>\n<p>All 11 major sectors in the S&amp;P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p>\n<p>Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&amp;P 500 and the Nasdaq.</p>\n<p>Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p>\n<p>CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p>\n<p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks close lower on worries over recovery, corporate tax hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks close lower on worries over recovery, corporate tax hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148341685","content_text":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.\nOptimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.\nSo far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.\n“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”\nThe advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.\n“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”\nThe CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.\nU.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]\nThe long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.\nThe Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.\nAll 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.\nApple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.\nIntuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.\nCureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.\nThe S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.\nVolume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"content":"Will it rise again?","text":"Will it rise again?","html":"Will it rise again?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835249605,"gmtCreate":1629723918807,"gmtModify":1676530111600,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"//<a href=\"https://laohu8.com/U/3581581482227808\">@Ahwinwin</a>:Up or down or go home??","listText":"//<a href=\"https://laohu8.com/U/3581581482227808\">@Ahwinwin</a>:Up or down or go home??","text":"//@Ahwinwin:Up or down or go home??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":13,"repostSize":0,"link":"https://ttm.financial/post/835249605","repostId":"1121272269","repostType":4,"repost":{"id":"1121272269","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1628597325,"share":"https://ttm.financial/m/news/1121272269?lang=&edition=fundamental","pubTime":"2021-08-10 20:08","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1121272269","media":"Tiger Newspress","summary":"Futures tracking the S&P 500 and the Nasdaq held below record highs on Tuesday as investors awaited ","content":"<p>Futures tracking the S&amp;P 500 and the Nasdaq held below record highs on Tuesday as investors awaited fresh progress towards the passing of a much-anticipated infrastructure bill.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were down 11 points, or 0.03%, S&amp;P 500 E-minis were up 0.5 points, or 0.01% and Nasdaq 100 E-minis were up 18.5 points, or 0.12%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb531da94ae48bdf83e7ae5e73504b71\" tg-width=\"581\" tg-height=\"207\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The U.S. Senate has set a vote on passage of the $1 trillion bipartisan infrastructure bill for 11 a.m. ET (1500 GMT), after which it would immediately begin to debate $3.5 trillion in additional investments.</p>\n<p>With new coronavirus cases rising steadily in the United States, progress on the infrastructure package is expected to help gauge fiscal support for the next leg of recovery in the world’s largest economy.</p>\n<p>Nationwide, COVID-19 cases have averaged 100,000 for three days in a row, up 35% over the past week, according to a Reuters tally of public health data.</p>\n<p>Focus is also on inflation numbers due on Wednesday for hints about the path of Federal Reserve policy, after two Fed officials said on Monday that inflation was already at a level that could satisfy one leg of a key test for the beginning of rate hikes.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CSPR\">Casper Sleep Inc.</a> – The sleep products company reported record quarterly revenue that came in above Street forecasts, though it still reported a quarterly loss. Casper Sleep said it saw strong growth in both retail and direct-to-consumer sales channels, but noted that it is also dealing with higher input costs and supply chain difficulties. Shares initially rallied in the premarket, but subsequently tumbled 6.1%.</p>\n<p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> – AMC reported a quarterly loss of 71 cents per share, 20 cents a share smaller than Wall Street had anticipated. Revenue came in above analysts’ forecasts. AMC was helped by the lifting of Covid restrictions and the return of moviegoers to theaters, along with the release of several hit movies. Its shares surged 7.8% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/DDD\">3D</a> – 3D Systems earned 12 cents per share for its latest quarter, beating the 5 cents a share consensus estimate. The 3D printing technology company’s revenue beat estimates as well. 3D said it had successfully come through the most challenging 12 months it had ever experienced amid the pandemic. 3D’s stock soared 14.1% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/KSU\">Kansas City Southern</a> –Canadian Pacific Railway(CP) raised its cash-and-stock offer for Kansas City Southern to about $300 per share. Canadian Pacific had struck a deal to buy its rival rail operator for $275 per share, but Kansas City Southern subsequently agreed to a higher offer fromCanadian National Railway(CNI). Kansas City Southern surged 7.2% in the premarket, while Canadian Pacific lost 1.7% and Canadian National rose 1.9%.</p>\n<p><a href=\"https://laohu8.com/S/ARMK\">Aramark</a> – The foodservice company reported a quarterly profit of 3 cents per share, beating the penny a share consensus estimate. Revenue came in slightly below forecasts. Aramark said it benefited from rebounding sales volume as well as effective cost management. Aramark shares added 1.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/PLNT\">Planet Fitness</a> – Planet Fitness missed estimates by 2 cents a share, with quarterly earnings of 21 cents per share. Revenue topped estimates as gyms reopened and membership numbers increased for the fitness center operator. Shares fell 3.2% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/REAL\">The RealReal</a> – The RealReal lost 50 cents per share for its latest quarter, 3 cents a share wider than analysts had anticipated. The operator of an online pre-owned luxury goods marketplace also saw revenue fall short of estimates. The company said gross merchandise volume was up 91% compared to a year ago, and up 84.5% from repeat buyers. The stock slid 6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/CHGG\">Chegg</a> – Chegg beat estimates by 6 cents a share, with quarterly earnings of 43 cents per share. The online education company’s revenue also topped forecasts. Chegg raised its full-year outlook, saying its international growth continues to be strong. Its shares added 2.9% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/IHG\">InterContinental Hotels Group PLC</a> – InterContinental Hotels reported an operating profit for the first six months of the year, rebounding from a year-ago loss as summer vacation bookings jumped. The operator of Holiday Inn and other hotel chains eliminated its dividend to cut costs, however, sending its shares down 1.6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/IIVI\">II-VI Inc</a> – The maker of optoelectronic components beat estimates on the top and bottom lines for its latest quarter, earning 88 cents per share compared to a 76 cents a share consensus estimate. It also had its highest-ever backlog at the end of the quarter.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; 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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\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-10 20:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Futures tracking the S&amp;P 500 and the Nasdaq held below record highs on Tuesday as investors awaited fresh progress towards the passing of a much-anticipated infrastructure bill.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were down 11 points, or 0.03%, S&amp;P 500 E-minis were up 0.5 points, or 0.01% and Nasdaq 100 E-minis were up 18.5 points, or 0.12%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb531da94ae48bdf83e7ae5e73504b71\" tg-width=\"581\" tg-height=\"207\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The U.S. Senate has set a vote on passage of the $1 trillion bipartisan infrastructure bill for 11 a.m. ET (1500 GMT), after which it would immediately begin to debate $3.5 trillion in additional investments.</p>\n<p>With new coronavirus cases rising steadily in the United States, progress on the infrastructure package is expected to help gauge fiscal support for the next leg of recovery in the world’s largest economy.</p>\n<p>Nationwide, COVID-19 cases have averaged 100,000 for three days in a row, up 35% over the past week, according to a Reuters tally of public health data.</p>\n<p>Focus is also on inflation numbers due on Wednesday for hints about the path of Federal Reserve policy, after two Fed officials said on Monday that inflation was already at a level that could satisfy one leg of a key test for the beginning of rate hikes.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CSPR\">Casper Sleep Inc.</a> – The sleep products company reported record quarterly revenue that came in above Street forecasts, though it still reported a quarterly loss. Casper Sleep said it saw strong growth in both retail and direct-to-consumer sales channels, but noted that it is also dealing with higher input costs and supply chain difficulties. Shares initially rallied in the premarket, but subsequently tumbled 6.1%.</p>\n<p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> – AMC reported a quarterly loss of 71 cents per share, 20 cents a share smaller than Wall Street had anticipated. Revenue came in above analysts’ forecasts. AMC was helped by the lifting of Covid restrictions and the return of moviegoers to theaters, along with the release of several hit movies. Its shares surged 7.8% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/DDD\">3D</a> – 3D Systems earned 12 cents per share for its latest quarter, beating the 5 cents a share consensus estimate. The 3D printing technology company’s revenue beat estimates as well. 3D said it had successfully come through the most challenging 12 months it had ever experienced amid the pandemic. 3D’s stock soared 14.1% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/KSU\">Kansas City Southern</a> –Canadian Pacific Railway(CP) raised its cash-and-stock offer for Kansas City Southern to about $300 per share. Canadian Pacific had struck a deal to buy its rival rail operator for $275 per share, but Kansas City Southern subsequently agreed to a higher offer fromCanadian National Railway(CNI). Kansas City Southern surged 7.2% in the premarket, while Canadian Pacific lost 1.7% and Canadian National rose 1.9%.</p>\n<p><a href=\"https://laohu8.com/S/ARMK\">Aramark</a> – The foodservice company reported a quarterly profit of 3 cents per share, beating the penny a share consensus estimate. Revenue came in slightly below forecasts. Aramark said it benefited from rebounding sales volume as well as effective cost management. Aramark shares added 1.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/PLNT\">Planet Fitness</a> – Planet Fitness missed estimates by 2 cents a share, with quarterly earnings of 21 cents per share. Revenue topped estimates as gyms reopened and membership numbers increased for the fitness center operator. Shares fell 3.2% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/REAL\">The RealReal</a> – The RealReal lost 50 cents per share for its latest quarter, 3 cents a share wider than analysts had anticipated. The operator of an online pre-owned luxury goods marketplace also saw revenue fall short of estimates. The company said gross merchandise volume was up 91% compared to a year ago, and up 84.5% from repeat buyers. The stock slid 6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/CHGG\">Chegg</a> – Chegg beat estimates by 6 cents a share, with quarterly earnings of 43 cents per share. The online education company’s revenue also topped forecasts. Chegg raised its full-year outlook, saying its international growth continues to be strong. Its shares added 2.9% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/IHG\">InterContinental Hotels Group PLC</a> – InterContinental Hotels reported an operating profit for the first six months of the year, rebounding from a year-ago loss as summer vacation bookings jumped. The operator of Holiday Inn and other hotel chains eliminated its dividend to cut costs, however, sending its shares down 1.6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/IIVI\">II-VI Inc</a> – The maker of optoelectronic components beat estimates on the top and bottom lines for its latest quarter, earning 88 cents per share compared to a 76 cents a share consensus estimate. It also had its highest-ever backlog at the end of the quarter.</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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121272269","content_text":"Futures tracking the S&P 500 and the Nasdaq held below record highs on Tuesday as investors awaited fresh progress towards the passing of a much-anticipated infrastructure bill.\nAt 8:05 a.m. ET, Dow E-minis were down 11 points, or 0.03%, S&P 500 E-minis were up 0.5 points, or 0.01% and Nasdaq 100 E-minis were up 18.5 points, or 0.12%.\n*Source From Tiger Trade, EST 08:05\nThe U.S. Senate has set a vote on passage of the $1 trillion bipartisan infrastructure bill for 11 a.m. ET (1500 GMT), after which it would immediately begin to debate $3.5 trillion in additional investments.\nWith new coronavirus cases rising steadily in the United States, progress on the infrastructure package is expected to help gauge fiscal support for the next leg of recovery in the world’s largest economy.\nNationwide, COVID-19 cases have averaged 100,000 for three days in a row, up 35% over the past week, according to a Reuters tally of public health data.\nFocus is also on inflation numbers due on Wednesday for hints about the path of Federal Reserve policy, after two Fed officials said on Monday that inflation was already at a level that could satisfy one leg of a key test for the beginning of rate hikes.\nStocks making the biggest moves in the premarket:\nCasper Sleep Inc. – The sleep products company reported record quarterly revenue that came in above Street forecasts, though it still reported a quarterly loss. Casper Sleep said it saw strong growth in both retail and direct-to-consumer sales channels, but noted that it is also dealing with higher input costs and supply chain difficulties. Shares initially rallied in the premarket, but subsequently tumbled 6.1%.\nAMC Entertainment – AMC reported a quarterly loss of 71 cents per share, 20 cents a share smaller than Wall Street had anticipated. Revenue came in above analysts’ forecasts. AMC was helped by the lifting of Covid restrictions and the return of moviegoers to theaters, along with the release of several hit movies. Its shares surged 7.8% in premarket action.\n3D – 3D Systems earned 12 cents per share for its latest quarter, beating the 5 cents a share consensus estimate. The 3D printing technology company’s revenue beat estimates as well. 3D said it had successfully come through the most challenging 12 months it had ever experienced amid the pandemic. 3D’s stock soared 14.1% in premarket action.\nKansas City Southern –Canadian Pacific Railway(CP) raised its cash-and-stock offer for Kansas City Southern to about $300 per share. Canadian Pacific had struck a deal to buy its rival rail operator for $275 per share, but Kansas City Southern subsequently agreed to a higher offer fromCanadian National Railway(CNI). Kansas City Southern surged 7.2% in the premarket, while Canadian Pacific lost 1.7% and Canadian National rose 1.9%.\nAramark – The foodservice company reported a quarterly profit of 3 cents per share, beating the penny a share consensus estimate. Revenue came in slightly below forecasts. Aramark said it benefited from rebounding sales volume as well as effective cost management. Aramark shares added 1.3% in the premarket.\nPlanet Fitness – Planet Fitness missed estimates by 2 cents a share, with quarterly earnings of 21 cents per share. Revenue topped estimates as gyms reopened and membership numbers increased for the fitness center operator. Shares fell 3.2% in the premarket.\nThe RealReal – The RealReal lost 50 cents per share for its latest quarter, 3 cents a share wider than analysts had anticipated. The operator of an online pre-owned luxury goods marketplace also saw revenue fall short of estimates. The company said gross merchandise volume was up 91% compared to a year ago, and up 84.5% from repeat buyers. The stock slid 6% in premarket trading.\nChegg – Chegg beat estimates by 6 cents a share, with quarterly earnings of 43 cents per share. The online education company’s revenue also topped forecasts. Chegg raised its full-year outlook, saying its international growth continues to be strong. Its shares added 2.9% in the premarket.\nInterContinental Hotels Group PLC – InterContinental Hotels reported an operating profit for the first six months of the year, rebounding from a year-ago loss as summer vacation bookings jumped. The operator of Holiday Inn and other hotel chains eliminated its dividend to cut costs, however, sending its shares down 1.6% in premarket trading.\nII-VI Inc – The maker of optoelectronic components beat estimates on the top and bottom lines for its latest quarter, earning 88 cents per share compared to a 76 cents a share consensus estimate. It also had its highest-ever backlog at the end of the quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896579768,"gmtCreate":1628597906754,"gmtModify":1676529791347,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"Up or down or go home?","listText":"Up or down or go home?","text":"Up or down or go home?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":11,"repostSize":0,"link":"https://ttm.financial/post/896579768","repostId":"1121272269","repostType":4,"repost":{"id":"1121272269","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1628597325,"share":"https://ttm.financial/m/news/1121272269?lang=&edition=fundamental","pubTime":"2021-08-10 20:08","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1121272269","media":"Tiger Newspress","summary":"Futures tracking the S&P 500 and the Nasdaq held below record highs on Tuesday as investors awaited ","content":"<p>Futures tracking the S&amp;P 500 and the Nasdaq held below record highs on Tuesday as investors awaited fresh progress towards the passing of a much-anticipated infrastructure bill.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were down 11 points, or 0.03%, S&amp;P 500 E-minis were up 0.5 points, or 0.01% and Nasdaq 100 E-minis were up 18.5 points, or 0.12%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb531da94ae48bdf83e7ae5e73504b71\" tg-width=\"581\" tg-height=\"207\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The U.S. Senate has set a vote on passage of the $1 trillion bipartisan infrastructure bill for 11 a.m. ET (1500 GMT), after which it would immediately begin to debate $3.5 trillion in additional investments.</p>\n<p>With new coronavirus cases rising steadily in the United States, progress on the infrastructure package is expected to help gauge fiscal support for the next leg of recovery in the world’s largest economy.</p>\n<p>Nationwide, COVID-19 cases have averaged 100,000 for three days in a row, up 35% over the past week, according to a Reuters tally of public health data.</p>\n<p>Focus is also on inflation numbers due on Wednesday for hints about the path of Federal Reserve policy, after two Fed officials said on Monday that inflation was already at a level that could satisfy one leg of a key test for the beginning of rate hikes.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CSPR\">Casper Sleep Inc.</a> – The sleep products company reported record quarterly revenue that came in above Street forecasts, though it still reported a quarterly loss. Casper Sleep said it saw strong growth in both retail and direct-to-consumer sales channels, but noted that it is also dealing with higher input costs and supply chain difficulties. Shares initially rallied in the premarket, but subsequently tumbled 6.1%.</p>\n<p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> – AMC reported a quarterly loss of 71 cents per share, 20 cents a share smaller than Wall Street had anticipated. Revenue came in above analysts’ forecasts. AMC was helped by the lifting of Covid restrictions and the return of moviegoers to theaters, along with the release of several hit movies. Its shares surged 7.8% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/DDD\">3D</a> – 3D Systems earned 12 cents per share for its latest quarter, beating the 5 cents a share consensus estimate. The 3D printing technology company’s revenue beat estimates as well. 3D said it had successfully come through the most challenging 12 months it had ever experienced amid the pandemic. 3D’s stock soared 14.1% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/KSU\">Kansas City Southern</a> –Canadian Pacific Railway(CP) raised its cash-and-stock offer for Kansas City Southern to about $300 per share. Canadian Pacific had struck a deal to buy its rival rail operator for $275 per share, but Kansas City Southern subsequently agreed to a higher offer fromCanadian National Railway(CNI). Kansas City Southern surged 7.2% in the premarket, while Canadian Pacific lost 1.7% and Canadian National rose 1.9%.</p>\n<p><a href=\"https://laohu8.com/S/ARMK\">Aramark</a> – The foodservice company reported a quarterly profit of 3 cents per share, beating the penny a share consensus estimate. Revenue came in slightly below forecasts. Aramark said it benefited from rebounding sales volume as well as effective cost management. Aramark shares added 1.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/PLNT\">Planet Fitness</a> – Planet Fitness missed estimates by 2 cents a share, with quarterly earnings of 21 cents per share. Revenue topped estimates as gyms reopened and membership numbers increased for the fitness center operator. Shares fell 3.2% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/REAL\">The RealReal</a> – The RealReal lost 50 cents per share for its latest quarter, 3 cents a share wider than analysts had anticipated. The operator of an online pre-owned luxury goods marketplace also saw revenue fall short of estimates. The company said gross merchandise volume was up 91% compared to a year ago, and up 84.5% from repeat buyers. The stock slid 6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/CHGG\">Chegg</a> – Chegg beat estimates by 6 cents a share, with quarterly earnings of 43 cents per share. The online education company’s revenue also topped forecasts. Chegg raised its full-year outlook, saying its international growth continues to be strong. Its shares added 2.9% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/IHG\">InterContinental Hotels Group PLC</a> – InterContinental Hotels reported an operating profit for the first six months of the year, rebounding from a year-ago loss as summer vacation bookings jumped. The operator of Holiday Inn and other hotel chains eliminated its dividend to cut costs, however, sending its shares down 1.6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/IIVI\">II-VI Inc</a> – The maker of optoelectronic components beat estimates on the top and bottom lines for its latest quarter, earning 88 cents per share compared to a 76 cents a share consensus estimate. It also had its highest-ever backlog at the end of the quarter.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; 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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\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-10 20:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Futures tracking the S&amp;P 500 and the Nasdaq held below record highs on Tuesday as investors awaited fresh progress towards the passing of a much-anticipated infrastructure bill.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were down 11 points, or 0.03%, S&amp;P 500 E-minis were up 0.5 points, or 0.01% and Nasdaq 100 E-minis were up 18.5 points, or 0.12%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb531da94ae48bdf83e7ae5e73504b71\" tg-width=\"581\" tg-height=\"207\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The U.S. Senate has set a vote on passage of the $1 trillion bipartisan infrastructure bill for 11 a.m. ET (1500 GMT), after which it would immediately begin to debate $3.5 trillion in additional investments.</p>\n<p>With new coronavirus cases rising steadily in the United States, progress on the infrastructure package is expected to help gauge fiscal support for the next leg of recovery in the world’s largest economy.</p>\n<p>Nationwide, COVID-19 cases have averaged 100,000 for three days in a row, up 35% over the past week, according to a Reuters tally of public health data.</p>\n<p>Focus is also on inflation numbers due on Wednesday for hints about the path of Federal Reserve policy, after two Fed officials said on Monday that inflation was already at a level that could satisfy one leg of a key test for the beginning of rate hikes.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CSPR\">Casper Sleep Inc.</a> – The sleep products company reported record quarterly revenue that came in above Street forecasts, though it still reported a quarterly loss. Casper Sleep said it saw strong growth in both retail and direct-to-consumer sales channels, but noted that it is also dealing with higher input costs and supply chain difficulties. Shares initially rallied in the premarket, but subsequently tumbled 6.1%.</p>\n<p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> – AMC reported a quarterly loss of 71 cents per share, 20 cents a share smaller than Wall Street had anticipated. Revenue came in above analysts’ forecasts. AMC was helped by the lifting of Covid restrictions and the return of moviegoers to theaters, along with the release of several hit movies. Its shares surged 7.8% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/DDD\">3D</a> – 3D Systems earned 12 cents per share for its latest quarter, beating the 5 cents a share consensus estimate. The 3D printing technology company’s revenue beat estimates as well. 3D said it had successfully come through the most challenging 12 months it had ever experienced amid the pandemic. 3D’s stock soared 14.1% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/KSU\">Kansas City Southern</a> –Canadian Pacific Railway(CP) raised its cash-and-stock offer for Kansas City Southern to about $300 per share. Canadian Pacific had struck a deal to buy its rival rail operator for $275 per share, but Kansas City Southern subsequently agreed to a higher offer fromCanadian National Railway(CNI). Kansas City Southern surged 7.2% in the premarket, while Canadian Pacific lost 1.7% and Canadian National rose 1.9%.</p>\n<p><a href=\"https://laohu8.com/S/ARMK\">Aramark</a> – The foodservice company reported a quarterly profit of 3 cents per share, beating the penny a share consensus estimate. Revenue came in slightly below forecasts. Aramark said it benefited from rebounding sales volume as well as effective cost management. Aramark shares added 1.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/PLNT\">Planet Fitness</a> – Planet Fitness missed estimates by 2 cents a share, with quarterly earnings of 21 cents per share. Revenue topped estimates as gyms reopened and membership numbers increased for the fitness center operator. Shares fell 3.2% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/REAL\">The RealReal</a> – The RealReal lost 50 cents per share for its latest quarter, 3 cents a share wider than analysts had anticipated. The operator of an online pre-owned luxury goods marketplace also saw revenue fall short of estimates. The company said gross merchandise volume was up 91% compared to a year ago, and up 84.5% from repeat buyers. The stock slid 6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/CHGG\">Chegg</a> – Chegg beat estimates by 6 cents a share, with quarterly earnings of 43 cents per share. The online education company’s revenue also topped forecasts. Chegg raised its full-year outlook, saying its international growth continues to be strong. Its shares added 2.9% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/IHG\">InterContinental Hotels Group PLC</a> – InterContinental Hotels reported an operating profit for the first six months of the year, rebounding from a year-ago loss as summer vacation bookings jumped. The operator of Holiday Inn and other hotel chains eliminated its dividend to cut costs, however, sending its shares down 1.6% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/IIVI\">II-VI Inc</a> – The maker of optoelectronic components beat estimates on the top and bottom lines for its latest quarter, earning 88 cents per share compared to a 76 cents a share consensus estimate. It also had its highest-ever backlog at the end of the quarter.</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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121272269","content_text":"Futures tracking the S&P 500 and the Nasdaq held below record highs on Tuesday as investors awaited fresh progress towards the passing of a much-anticipated infrastructure bill.\nAt 8:05 a.m. ET, Dow E-minis were down 11 points, or 0.03%, S&P 500 E-minis were up 0.5 points, or 0.01% and Nasdaq 100 E-minis were up 18.5 points, or 0.12%.\n*Source From Tiger Trade, EST 08:05\nThe U.S. Senate has set a vote on passage of the $1 trillion bipartisan infrastructure bill for 11 a.m. ET (1500 GMT), after which it would immediately begin to debate $3.5 trillion in additional investments.\nWith new coronavirus cases rising steadily in the United States, progress on the infrastructure package is expected to help gauge fiscal support for the next leg of recovery in the world’s largest economy.\nNationwide, COVID-19 cases have averaged 100,000 for three days in a row, up 35% over the past week, according to a Reuters tally of public health data.\nFocus is also on inflation numbers due on Wednesday for hints about the path of Federal Reserve policy, after two Fed officials said on Monday that inflation was already at a level that could satisfy one leg of a key test for the beginning of rate hikes.\nStocks making the biggest moves in the premarket:\nCasper Sleep Inc. – The sleep products company reported record quarterly revenue that came in above Street forecasts, though it still reported a quarterly loss. Casper Sleep said it saw strong growth in both retail and direct-to-consumer sales channels, but noted that it is also dealing with higher input costs and supply chain difficulties. Shares initially rallied in the premarket, but subsequently tumbled 6.1%.\nAMC Entertainment – AMC reported a quarterly loss of 71 cents per share, 20 cents a share smaller than Wall Street had anticipated. Revenue came in above analysts’ forecasts. AMC was helped by the lifting of Covid restrictions and the return of moviegoers to theaters, along with the release of several hit movies. Its shares surged 7.8% in premarket action.\n3D – 3D Systems earned 12 cents per share for its latest quarter, beating the 5 cents a share consensus estimate. The 3D printing technology company’s revenue beat estimates as well. 3D said it had successfully come through the most challenging 12 months it had ever experienced amid the pandemic. 3D’s stock soared 14.1% in premarket action.\nKansas City Southern –Canadian Pacific Railway(CP) raised its cash-and-stock offer for Kansas City Southern to about $300 per share. Canadian Pacific had struck a deal to buy its rival rail operator for $275 per share, but Kansas City Southern subsequently agreed to a higher offer fromCanadian National Railway(CNI). Kansas City Southern surged 7.2% in the premarket, while Canadian Pacific lost 1.7% and Canadian National rose 1.9%.\nAramark – The foodservice company reported a quarterly profit of 3 cents per share, beating the penny a share consensus estimate. Revenue came in slightly below forecasts. Aramark said it benefited from rebounding sales volume as well as effective cost management. Aramark shares added 1.3% in the premarket.\nPlanet Fitness – Planet Fitness missed estimates by 2 cents a share, with quarterly earnings of 21 cents per share. Revenue topped estimates as gyms reopened and membership numbers increased for the fitness center operator. Shares fell 3.2% in the premarket.\nThe RealReal – The RealReal lost 50 cents per share for its latest quarter, 3 cents a share wider than analysts had anticipated. The operator of an online pre-owned luxury goods marketplace also saw revenue fall short of estimates. The company said gross merchandise volume was up 91% compared to a year ago, and up 84.5% from repeat buyers. The stock slid 6% in premarket trading.\nChegg – Chegg beat estimates by 6 cents a share, with quarterly earnings of 43 cents per share. The online education company’s revenue also topped forecasts. Chegg raised its full-year outlook, saying its international growth continues to be strong. Its shares added 2.9% in the premarket.\nInterContinental Hotels Group PLC – InterContinental Hotels reported an operating profit for the first six months of the year, rebounding from a year-ago loss as summer vacation bookings jumped. The operator of Holiday Inn and other hotel chains eliminated its dividend to cut costs, however, sending its shares down 1.6% in premarket trading.\nII-VI Inc – The maker of optoelectronic components beat estimates on the top and bottom lines for its latest quarter, earning 88 cents per share compared to a 76 cents a share consensus estimate. It also had its highest-ever backlog at the end of the quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":732,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"content":"Going up soon!!","text":"Going up soon!!","html":"Going up soon!!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809306876,"gmtCreate":1627346533395,"gmtModify":1703487981549,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"Will it go up?","listText":"Will it go up?","text":"Will it go up?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/809306876","repostId":"1153028059","repostType":4,"repost":{"id":"1153028059","kind":"news","pubTimestamp":1627340900,"share":"https://ttm.financial/m/news/1153028059?lang=&edition=fundamental","pubTime":"2021-07-27 07:08","market":"us","language":"en","title":"Tesla sales surge 98%; company boosts margins on its less-costly electric cars","url":"https://stock-news.laohu8.com/highlight/detail?id=1153028059","media":"Reuters","summary":" -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.Tesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operati","content":"<p>(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.</p>\n<p>Tesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.</p>\n<p>For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation. Tesla boosted its performance by cutting features it said were unused or unneeded and raising U.S. vehicle prices.</p>\n<p>Shares of the world’s most valuable automaker rose 1.5% in extended trade.</p>\n<p>In a call with investors and analysts, Tesla executives said that volume production growth will depend on parts availability, and Musk cautioned the shortage of semiconductors will continue.</p>\n<p>“The global chip shortage situation remains quite serious,” Musk said.</p>\n<p>Still, Musk said Tesla expects to launch production this year of the Model Y SUV at factories under construction in Texas and Germany. He said the company expects battery cell suppliers to double production next year.</p>\n<p>Despite the pandemic and the supply chain crisis, Tesla posted record deliveries during the quarter, thanks to sales of cheaper models including Model 3 sedans and Model Ys.</p>\n<p>The carmaker, led by billionaire entrepreneur Elon Musk, said revenue jumped to $11.96 billion from $6.04 billion a year earlier, when its California factory was shut down for more than six weeks due to local lockdown orders to fight the pandemic.</p>\n<p>Analysts had expected revenue of about $11.3 billion, according to IBES data from Refinitiv.</p>\n<p>Excluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share.</p>\n<p>Tesla said operating income rose with volume growth and cost reduction, which offset higher supply chain costs, lower regulatory credit revenue and other items including $23 million in losses on investment in cryptocurrency bitcoin.</p>\n<p>Tesla’s profitability has often relied on selling regulatory credits to other automakers, but in the second quarter, Tesla was profitable without these credits for the first time since the end of 2019. Its GAAP net income was $1.14 billion in the second quarter. Revenue from the credits only totaled $354 million.</p>\n<p>“Tesla impressed with its numbers, as most of its revenue came from vehicle sales,” Jesse Cohen, senior analyst at Investing.com, said.</p>\n<p>Carmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla.</p>\n<p>Tesla said it said it has delayed the launch of the Semi truck program to 2022 to focus on starting factories and due to limited availability of battery cells and other parts this year.</p>\n<p>But the company’s new 4680 batteries are not ready for volume production; executives said it was difficult to predict when technological challenges would be resolved.</p>\n<p>In an aside, Musk said he “most likely will not be on earnings calls” going forward to discuss financial results with investors and analysts. These calls have been a colorful quarterly ritual Musk has used for discourses on Tesla technology, or to fire back at rivals or critics.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla sales surge 98%; company boosts margins on its less-costly electric cars</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 sales surge 98%; company boosts margins on its less-costly electric cars\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on ...</p>\n\n<a href=\"https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153028059","content_text":"(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.\nTesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.\nFor the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation. Tesla boosted its performance by cutting features it said were unused or unneeded and raising U.S. vehicle prices.\nShares of the world’s most valuable automaker rose 1.5% in extended trade.\nIn a call with investors and analysts, Tesla executives said that volume production growth will depend on parts availability, and Musk cautioned the shortage of semiconductors will continue.\n“The global chip shortage situation remains quite serious,” Musk said.\nStill, Musk said Tesla expects to launch production this year of the Model Y SUV at factories under construction in Texas and Germany. He said the company expects battery cell suppliers to double production next year.\nDespite the pandemic and the supply chain crisis, Tesla posted record deliveries during the quarter, thanks to sales of cheaper models including Model 3 sedans and Model Ys.\nThe carmaker, led by billionaire entrepreneur Elon Musk, said revenue jumped to $11.96 billion from $6.04 billion a year earlier, when its California factory was shut down for more than six weeks due to local lockdown orders to fight the pandemic.\nAnalysts had expected revenue of about $11.3 billion, according to IBES data from Refinitiv.\nExcluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share.\nTesla said operating income rose with volume growth and cost reduction, which offset higher supply chain costs, lower regulatory credit revenue and other items including $23 million in losses on investment in cryptocurrency bitcoin.\nTesla’s profitability has often relied on selling regulatory credits to other automakers, but in the second quarter, Tesla was profitable without these credits for the first time since the end of 2019. Its GAAP net income was $1.14 billion in the second quarter. Revenue from the credits only totaled $354 million.\n“Tesla impressed with its numbers, as most of its revenue came from vehicle sales,” Jesse Cohen, senior analyst at Investing.com, said.\nCarmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla.\nTesla said it said it has delayed the launch of the Semi truck program to 2022 to focus on starting factories and due to limited availability of battery cells and other parts this year.\nBut the company’s new 4680 batteries are not ready for volume production; executives said it was difficult to predict when technological challenges would be resolved.\nIn an aside, Musk said he “most likely will not be on earnings calls” going forward to discuss financial results with investors and analysts. These calls have been a colorful quarterly ritual Musk has used for discourses on Tesla technology, or to fire back at rivals or critics.","news_type":1},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583811117795819","authorId":"3583811117795819","name":"snd","avatar":"https://static.tigerbbs.com/489eabf54a7f41df714f354de59deefd","crmLevel":2,"crmLevelSwitch":0,"idStr":"3583811117795819","authorIdStr":"3583811117795819"},"content":"I think so","text":"I think so","html":"I think so"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171720522,"gmtCreate":1626766375166,"gmtModify":1703764783830,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Going to the moon!!","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Going to the moon!!","text":"$Tesla Motors(TSLA)$Going to the moon!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/171720522","isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"content":"Up up And away!! ?","text":"Up up And away!! ?","html":"Up up And away!! ?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147173117,"gmtCreate":1626345802039,"gmtModify":1703758318805,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"Going down everyday… anybody onows howto share position to earn coins?","listText":"Going down everyday… anybody onows howto share position to earn coins?","text":"Going down everyday… anybody onows howto share position to earn coins?","images":[{"img":"https://static.tigerbbs.com/c11e8079833a5e14db3dbb868ef04919","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/147173117","isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"content":"Can someone teach?","text":"Can someone teach?","html":"Can someone teach?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9020776162,"gmtCreate":1652692943757,"gmtModify":1676535143255,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Will it hit another all time low at 650 this coming weeks?","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Will it hit another all time low at 650 this coming weeks?","text":"$Tesla Motors(TSLA)$Will it hit another all time low at 650 this coming weeks?","images":[{"img":"https://community-static.tradeup.com/news/b0b345648857a678b09713386fc64b1d","width":"1125","height":"3660"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9020776162","isVote":1,"tweetType":1,"viewCount":930,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"content":"650 really soon!","text":"650 really soon!","html":"650 really soon!"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":379911132,"gmtCreate":1618651158626,"gmtModify":1704713844773,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"Why...","listText":"Why...","text":"Why...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/379911132","repostId":"2127370148","repostType":4,"repost":{"id":"2127370148","kind":"highlight","pubTimestamp":1618582740,"share":"https://ttm.financial/m/news/2127370148?lang=&edition=fundamental","pubTime":"2021-04-16 22:19","market":"us","language":"en","title":"After Falling More Than 50%, Is Plug Power Stock a Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=2127370148","media":"Motley Fool","summary":"The stock's valuation has improved, but has it improved enough?","content":"<p>(April 16)&nbsp;Plug Power rose about 2% in Friday morning  trading.</p><p><img src=\"https://static.tigerbbs.com/a283a71a3335b2766f24fab986e05f37\" tg-width=\"708\" tg-height=\"500\"></p><p>Fuel cell maker <b>Plug Power</b>'s (NASDAQ:PLUG) stock has fallen nearly 60% from its high price of more than $73 this year. The company is working aggressively to grow its sales and has recently entered into several key partnerships that should help it achieve this goal. With enhanced growth prospects and a lower price, the stock's valuation has improved. Let's see if it has changed enough to make the stock a buy right now.</p><h3>Improved valuation</h3><p>In January, Plug Power stock was trading at a price-to-sales ratio of around 104. The ratio has now fallen to 51. Based on 2021 estimated sales, the ratio stands at around 37. Surely it has improved a lot from its January levels.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F621481%2Fhydrogen-fuel-cells-next-to-h2-written-with-green-leaves.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"498\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><p>Going by Plug Power's estimates of $1.7 billion sales in 2024, the price-to-sales ratio falls to a saner level of around 10. For a fast-growing company, that kind of ratio isn't too unusual. So <i>if</i> the company can grow its sales as it is guiding, its valuation can make some sense. It is noteworthy that the price-to-sales-ratio calculation for 2024 sales doesn't take into account potential dilution. In the last year, Plug Power's outstanding shares have increased 82%.</p><h3>Focus on growth</h3><p>Plug Power has been taking aggressive steps to grow its top line. In February the company announced its plan to build a green hydrogen production facility in New York with a production capacity of 45 metric tons per day. Plug Power also recently signed a previously announced deal whereby South Korea's SK Group will invest $1.6 billion in Plug Power in exchange for a 9.6% stake in the company. The two companies plan to jointly establish a huge fuel cell and electrolyzer production facility in South Korea. The South Korean government has set ambitious goals for promoting hydrogen use in the country, which should benefit Plug Power.</p><p>The company has also entered into partnership with automaker <b>Renault</b>. A planned joint venture with Renault will target a 30% share of the fuel-cell-powered light commercial vehicle market in Europe. That would be huge as 30% of the light vehicle market is expected to be around 500,000 vehicles by 2030.&nbsp;Plug Power has also announced a partnership with ACCONIA, a leading developer of sustainable infrastructure solutions. With an expected investment of over 2 billion euros, the joint venture will aim to capture 20% share of Spain and Portugal's green hydrogen market by 2030.</p><p>So Plug Power's 2024 sales guidance of $1.7 billion and sales growth beyond that look achievable. However, sales are just <a href=\"https://laohu8.com/S/AONE\">one</a> part of the story. Let's turn our attention to other key metrics as well as risks.</p><h3>Can Plug Power become profitable?</h3><p>With its sales target looking more realistic, the next key concern is attaining profitability. After all, the company has been growing its revenue for years. The company hopes to achieve gross margins of more than 20% by 2022 and improve beyond that. But achieving bottom-line profits looks much more difficult.</p><p>Plug Power currently derives roughly 94% of its revenue from the material handling business, which primarily supplies fuel cells for forklifts. Despite boasting a list of prominent customers, the company hasn't been profitable in this segment so far. By 2024, the company hopes to generate $750 million from the material handling segment, with the remaining nearly $1 billion coming from stationary base load power generation and fuel cell powered vehicles.</p><p>Considering that Plug Power hasn't been profitable in a segment it has been operating in for years, it might be a big challenge for it to turn the bottom line green in a new segment. Moreover, if fuel-cell-powered vehicles' growth remains subdued, it can potentially limit Plug Power's growth as well as its margins.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F621481%2Fhand-turns-a-dice-and-changes-the-expression-bev-battery-electric-vehicle-to-fcev-fuel-cell-electric-vehicle.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"320\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><p>Plug Power hopes to benefit significantly from governmental incentives such as LCFS (low carbon fuel standard) credits in California and similar potential credits for green hydrogen under President Biden's climate plan. Further, Plug Power is looking to get a&nbsp;$520 million&nbsp;loan from the U.S. Department of Energy under its loan guarantee program. However, as the adoption of fuel cell technology remains slow, these incentives too would likely be slower and lower than the company would like them to be.</p><p>It's important here to understand why Plug Power isn't profitable after 20 years of operation. It's not that the company is making huge capital investments that will generate income for it at some point. If that were the case, the stock's prospects would be better. It's simply that Plug Power's fuel cells cost more than customers are willing to pay. Other energy and storage options are cheaper and thus preferable. So Plug Power is growing its top line by selling products at a price that customers are willing to pay. But that is not enough to cover the company's costs.</p><p>In short, even if the company is able to make some profit at scale, the margins will likely be thin. And this is the single biggest factor that suggests the stock shouldn't command the high valuation it currently has. That competition may hurt the company's margins is a concern only if the business makes economic sense, which it doesn't do right now. I'll wait for the company to become sustainably profitable before jumping in.</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>After Falling More Than 50%, Is Plug Power Stock a Buy?</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\">\nAfter Falling More Than 50%, Is Plug Power Stock a Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 22:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/16/after-falling-more-than-50-is-plug-power-stock-a-b/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(April 16) Plug Power rose about 2% in Friday morning  trading.Fuel cell maker Plug Power's (NASDAQ:PLUG) stock has fallen nearly 60% from its high price of more than $73 this year. The company is ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/16/after-falling-more-than-50-is-plug-power-stock-a-b/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PW":"Power REIT","PLUG":"普拉格能源"},"source_url":"https://www.fool.com/investing/2021/04/16/after-falling-more-than-50-is-plug-power-stock-a-b/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127370148","content_text":"(April 16) Plug Power rose about 2% in Friday morning  trading.Fuel cell maker Plug Power's (NASDAQ:PLUG) stock has fallen nearly 60% from its high price of more than $73 this year. The company is working aggressively to grow its sales and has recently entered into several key partnerships that should help it achieve this goal. With enhanced growth prospects and a lower price, the stock's valuation has improved. Let's see if it has changed enough to make the stock a buy right now.Improved valuationIn January, Plug Power stock was trading at a price-to-sales ratio of around 104. The ratio has now fallen to 51. Based on 2021 estimated sales, the ratio stands at around 37. Surely it has improved a lot from its January levels.Image source: Getty Images.Going by Plug Power's estimates of $1.7 billion sales in 2024, the price-to-sales ratio falls to a saner level of around 10. For a fast-growing company, that kind of ratio isn't too unusual. So if the company can grow its sales as it is guiding, its valuation can make some sense. It is noteworthy that the price-to-sales-ratio calculation for 2024 sales doesn't take into account potential dilution. In the last year, Plug Power's outstanding shares have increased 82%.Focus on growthPlug Power has been taking aggressive steps to grow its top line. In February the company announced its plan to build a green hydrogen production facility in New York with a production capacity of 45 metric tons per day. Plug Power also recently signed a previously announced deal whereby South Korea's SK Group will invest $1.6 billion in Plug Power in exchange for a 9.6% stake in the company. The two companies plan to jointly establish a huge fuel cell and electrolyzer production facility in South Korea. The South Korean government has set ambitious goals for promoting hydrogen use in the country, which should benefit Plug Power.The company has also entered into partnership with automaker Renault. A planned joint venture with Renault will target a 30% share of the fuel-cell-powered light commercial vehicle market in Europe. That would be huge as 30% of the light vehicle market is expected to be around 500,000 vehicles by 2030. Plug Power has also announced a partnership with ACCONIA, a leading developer of sustainable infrastructure solutions. With an expected investment of over 2 billion euros, the joint venture will aim to capture 20% share of Spain and Portugal's green hydrogen market by 2030.So Plug Power's 2024 sales guidance of $1.7 billion and sales growth beyond that look achievable. However, sales are just one part of the story. Let's turn our attention to other key metrics as well as risks.Can Plug Power become profitable?With its sales target looking more realistic, the next key concern is attaining profitability. After all, the company has been growing its revenue for years. The company hopes to achieve gross margins of more than 20% by 2022 and improve beyond that. But achieving bottom-line profits looks much more difficult.Plug Power currently derives roughly 94% of its revenue from the material handling business, which primarily supplies fuel cells for forklifts. Despite boasting a list of prominent customers, the company hasn't been profitable in this segment so far. By 2024, the company hopes to generate $750 million from the material handling segment, with the remaining nearly $1 billion coming from stationary base load power generation and fuel cell powered vehicles.Considering that Plug Power hasn't been profitable in a segment it has been operating in for years, it might be a big challenge for it to turn the bottom line green in a new segment. Moreover, if fuel-cell-powered vehicles' growth remains subdued, it can potentially limit Plug Power's growth as well as its margins.Image source: Getty Images.Plug Power hopes to benefit significantly from governmental incentives such as LCFS (low carbon fuel standard) credits in California and similar potential credits for green hydrogen under President Biden's climate plan. Further, Plug Power is looking to get a $520 million loan from the U.S. Department of Energy under its loan guarantee program. However, as the adoption of fuel cell technology remains slow, these incentives too would likely be slower and lower than the company would like them to be.It's important here to understand why Plug Power isn't profitable after 20 years of operation. It's not that the company is making huge capital investments that will generate income for it at some point. If that were the case, the stock's prospects would be better. It's simply that Plug Power's fuel cells cost more than customers are willing to pay. Other energy and storage options are cheaper and thus preferable. So Plug Power is growing its top line by selling products at a price that customers are willing to pay. But that is not enough to cover the company's costs.In short, even if the company is able to make some profit at scale, the margins will likely be thin. And this is the single biggest factor that suggests the stock shouldn't command the high valuation it currently has. That competition may hurt the company's margins is a concern only if the business makes economic sense, which it doesn't do right now. I'll wait for the company to become sustainably profitable before jumping in.","news_type":1},"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156914534,"gmtCreate":1625190174128,"gmtModify":1703737984826,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"Grow grow grow!","listText":"Grow grow grow!","text":"Grow grow grow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/156914534","repostId":"1175817125","repostType":4,"repost":{"id":"1175817125","kind":"news","pubTimestamp":1625180880,"share":"https://ttm.financial/m/news/1175817125?lang=&edition=fundamental","pubTime":"2021-07-02 07:08","market":"us","language":"en","title":"S&P 500 winning streak extends to sixth straight record close","url":"https://stock-news.laohu8.com/highlight/detail?id=1175817125","media":"Reuters","summary":"NEW YORK  - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.Investors now eye Friday’s much-anticipated employment report.The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.“Historical data shows if you have a strong first half, the second half of the year was ac","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.</p>\n<p>Investors now eye Friday’s much-anticipated employment report.</p>\n<p>The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.</p>\n<p>“Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.</p>\n<p>All three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.</p>\n<p>The Philadelphia SE Semiconductor index slid 1.5%</p>\n<p>“For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”</p>\n<p>“It feels like investors left for the Fourth of July weekend about three months ago.”</p>\n<p>The ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.</p>\n<p>Jobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray &amp; Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.</p>\n<p>Activity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.</p>\n<p>“The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.</p>\n<p>Friday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.</p>\n<p>“Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”</p>\n<p>The Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&amp;P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, consumer staples was the sole loser, shedding 0.3%.</p>\n<p>Walgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.</p>\n<p>Didi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.</p>\n<p>Micron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.</p>\n<p>Volume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 winning streak extends to sixth straight record close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 winning streak extends to sixth straight record close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175817125","content_text":"NEW YORK (Reuters) - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.\nInvestors now eye Friday’s much-anticipated employment report.\nThe bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.\n“Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.\nAll three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.\nThe Philadelphia SE Semiconductor index slid 1.5%\n“For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”\n“It feels like investors left for the Fourth of July weekend about three months ago.”\nThe ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.\nJobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray & Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.\nActivity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.\n“The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.\nFriday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.\n“Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”\nThe Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.\nOf the 11 major sectors in the S&P 500, consumer staples was the sole loser, shedding 0.3%.\nWalgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.\nDidi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.\nMicron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.\nThe S&P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.\nVolume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155893425,"gmtCreate":1625398351767,"gmtModify":1703741263349,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"Nooooooo","listText":"Nooooooo","text":"Nooooooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/155893425","repostId":"1188153141","repostType":4,"repost":{"id":"1188153141","kind":"news","pubTimestamp":1625276221,"share":"https://ttm.financial/m/news/1188153141?lang=&edition=fundamental","pubTime":"2021-07-03 09:37","market":"us","language":"en","title":"Suze Orman worries about a market crash — here's what you should do","url":"https://stock-news.laohu8.com/highlight/detail?id=1188153141","media":"MoneyWise","summary":"As stock markets continue setting records, fallout from COVID-19 continues to create problems for th","content":"<p>As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.</p>\n<p>That clash has worried investing experts, including Suze Orman, who's gone so far as to say she’s now preparing for an inevitable market crash.</p>\n<p>And a famous measurement popularized by Warren Buffett — known as the Buffett Indicator — shows Orman might be onto something.</p>\n<p>Here’s an explanation of where the concern is coming from and some techniques you can use tokeep your investment portfolio growingeven if the market goes south.</p>\n<p><b>What does Suze Orman think?</b></p>\n<p><img src=\"https://static.tigerbbs.com/be8dc3ad363faad96bc575a22235562d\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Mediapunch/Shutterstock</p>\n<p>Suze Orman has avidly watched the market for decades. She knows ups and downs are to be expected, but what she’s seeing happen with investment fads like GameStop has her concerned.</p>\n<p>“I don’t like what I see happening in the market right now,” Orman said in a video for CNBC. “The economy has been horrible, but the stock market has been going.”</p>\n<p>While investing is as easy now asusing a smartphone app, Orman is concerned about where we can go from these record highs.</p>\n<p>And even with stimulus checks, which are still going out, and the real estate market breaking its own records last year, Orman worries about what will come with the coronavirus — especially as new variants continue to pop up.</p>\n<p>What's more, she feels it’s just been too long since the last crash to stay this high much longer.</p>\n<p>“This reminds me of 2000 all over again,” Orman says.</p>\n<p><b>The Buffett Indicator</b></p>\n<p><img src=\"https://static.tigerbbs.com/44ada32ecadcc4581fed208f4f4e4d53\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Larry W Smith/EPA/Shutterstock</p>\n<p>One metric Warren Buffett uses to assess the market so regularly that it’s been named after him has been flashing red for long enough that market watchers are starting to wonder if it’s an outdated tool.</p>\n<p>But the Buffett Indicator, a measurement of the ratio of the stock market’s total value against U.S. economic output, continues to climb to previously unseen levels.</p>\n<p>And those in the know are wondering if it's a sign that we’re about to see a hard fall.</p>\n<p>How to prepare for a crash<img src=\"https://static.tigerbbs.com/1ad912a6b4611d9e39b46d2851c78c9e\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Freedomz / Shutterstock</p>\n<p>Orman has three recommendations for setting up a simple investment strategy to help you successfully navigate any sharp turns in the market.</p>\n<p><b>1. Buy low</b></p>\n<p>Part of what upsets Orman so much about the furor over meme stocks like GameStop is it goes completely against the average investor’s interests.</p>\n<p>“All of you have your heads screwed on backwards,” she says. “All you want is for these markets to go up and up and up. What good is that going to do you?”</p>\n<p>She points out the only extra money most people have goes towardinvesting for retirementin their 401(k) or IRA plans.</p>\n<p>Because you probably don’t plan to touch that money for decades, the best long-term strategy is to buy low. That way, your dollar will go much further now, leaving plenty of room for growth over the next 20, 30 or 40 years.</p>\n<p><b>2. Invest on a schedule</b></p>\n<p><img src=\"https://static.tigerbbs.com/e4102f8a6d5002090743b1cbded32ef9\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">katjen / Shutterstock</p>\n<p>While she prefers to buy low, Orman doesn’t recommend you stop investing completely when the market goes up.</p>\n<p>She wants casual investors to not get caught up in the daily ups and downs of the market.</p>\n<p>In fact, cheering for downturns now may be your best bet at getting a larger piece of very profitable investments — like some lucky investors were able to do back in 2007 and 2008.</p>\n<p>“When the market went down, down, down you could buy things at nothing,” says Orman. “And now look at them 15 years later.”</p>\n<p>She suggests you set up a dollar-cost averaging strategy, which means you invest your money in equal portions at regular intervals, regardless of the market’s fluctuations.</p>\n<p>This kind of approach is easy to implement with any of the many investing apps currently available to DIY investors.</p>\n<p>There are even apps that willautomatically invest your spare changeby rounding up your debit and credit card purchases to the nearest dollar.</p>\n<p><b>3. Diversify with fractional shares</b></p>\n<p>To help weather dips in specific corners of the market, Orman suggests you diversify your investments — balance your portfolio with investments in many different types of assets and sectors of the economy.</p>\n<p>Orman particularly recommends fractional-share investing. This approach allows you to buy a slice of a share for a big-name company that you otherwise wouldn’t be able to afford.</p>\n<p>With the help of apopular stock-trading tool, anyone at any budget can afford the fractional share strategy.</p>\n<p>“The sooner you begin, the more money you will have,” says Orman. “Just don’t stop, and when these markets go down, you should be so happy because your dollars find more shares.”</p>\n<p>“And the more shares you have, the more money you’ll have 20, 40, 50 years from now.”</p>\n<p><b>What else you can do</b></p>\n<p><img src=\"https://static.tigerbbs.com/5e79c6fd1f8fa6e3a7c3a6c94f1e14b5\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">goodluz / Shutterstock</p>\n<p>Whether or not a big crash is around the corner, investors who are still decades out from retirement can make that work for them, Orman said in theCNBC video.</p>\n<p>First, prepare for the worst and hope for the best. Since the onset of the pandemic, Orman now recommends everyone have an emergency fund that can cover their expenses for a full year.</p>\n<p>Then, to set yourself up fora comfortable retirement, she suggests you opt for a Roth account, whether that’s a 401(k) or IRA.</p>\n<p>That will help you avoid paying tax when you take money out of your retirement account because your contributions to a Roth account are made after tax. Traditional IRAs, on the other hand, aren’t taxed when you make contributions, so you’ll end up paying later.</p>\n<p>If you find you need a little more guidance, working with aprofessional financial adviser, can help point you in the right direction so you can confidently ride out any market volatility.</p>\n<p>While everyone else is veering off course or overcorrecting, you’ll be firmly in the driver’s seat with your sunset years planned for.</p>","source":"lsy1621813427262","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>Suze Orman worries about a market crash — here's what you should do</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\">\nSuze Orman worries about a market crash — here's what you should do\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html><strong>MoneyWise</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.\nThat clash has worried investing experts, including Suze Orman, who's gone so far as to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188153141","content_text":"As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.\nThat clash has worried investing experts, including Suze Orman, who's gone so far as to say she’s now preparing for an inevitable market crash.\nAnd a famous measurement popularized by Warren Buffett — known as the Buffett Indicator — shows Orman might be onto something.\nHere’s an explanation of where the concern is coming from and some techniques you can use tokeep your investment portfolio growingeven if the market goes south.\nWhat does Suze Orman think?\nMediapunch/Shutterstock\nSuze Orman has avidly watched the market for decades. She knows ups and downs are to be expected, but what she’s seeing happen with investment fads like GameStop has her concerned.\n“I don’t like what I see happening in the market right now,” Orman said in a video for CNBC. “The economy has been horrible, but the stock market has been going.”\nWhile investing is as easy now asusing a smartphone app, Orman is concerned about where we can go from these record highs.\nAnd even with stimulus checks, which are still going out, and the real estate market breaking its own records last year, Orman worries about what will come with the coronavirus — especially as new variants continue to pop up.\nWhat's more, she feels it’s just been too long since the last crash to stay this high much longer.\n“This reminds me of 2000 all over again,” Orman says.\nThe Buffett Indicator\nLarry W Smith/EPA/Shutterstock\nOne metric Warren Buffett uses to assess the market so regularly that it’s been named after him has been flashing red for long enough that market watchers are starting to wonder if it’s an outdated tool.\nBut the Buffett Indicator, a measurement of the ratio of the stock market’s total value against U.S. economic output, continues to climb to previously unseen levels.\nAnd those in the know are wondering if it's a sign that we’re about to see a hard fall.\nHow to prepare for a crashFreedomz / Shutterstock\nOrman has three recommendations for setting up a simple investment strategy to help you successfully navigate any sharp turns in the market.\n1. Buy low\nPart of what upsets Orman so much about the furor over meme stocks like GameStop is it goes completely against the average investor’s interests.\n“All of you have your heads screwed on backwards,” she says. “All you want is for these markets to go up and up and up. What good is that going to do you?”\nShe points out the only extra money most people have goes towardinvesting for retirementin their 401(k) or IRA plans.\nBecause you probably don’t plan to touch that money for decades, the best long-term strategy is to buy low. That way, your dollar will go much further now, leaving plenty of room for growth over the next 20, 30 or 40 years.\n2. Invest on a schedule\nkatjen / Shutterstock\nWhile she prefers to buy low, Orman doesn’t recommend you stop investing completely when the market goes up.\nShe wants casual investors to not get caught up in the daily ups and downs of the market.\nIn fact, cheering for downturns now may be your best bet at getting a larger piece of very profitable investments — like some lucky investors were able to do back in 2007 and 2008.\n“When the market went down, down, down you could buy things at nothing,” says Orman. “And now look at them 15 years later.”\nShe suggests you set up a dollar-cost averaging strategy, which means you invest your money in equal portions at regular intervals, regardless of the market’s fluctuations.\nThis kind of approach is easy to implement with any of the many investing apps currently available to DIY investors.\nThere are even apps that willautomatically invest your spare changeby rounding up your debit and credit card purchases to the nearest dollar.\n3. Diversify with fractional shares\nTo help weather dips in specific corners of the market, Orman suggests you diversify your investments — balance your portfolio with investments in many different types of assets and sectors of the economy.\nOrman particularly recommends fractional-share investing. This approach allows you to buy a slice of a share for a big-name company that you otherwise wouldn’t be able to afford.\nWith the help of apopular stock-trading tool, anyone at any budget can afford the fractional share strategy.\n“The sooner you begin, the more money you will have,” says Orman. “Just don’t stop, and when these markets go down, you should be so happy because your dollars find more shares.”\n“And the more shares you have, the more money you’ll have 20, 40, 50 years from now.”\nWhat else you can do\ngoodluz / Shutterstock\nWhether or not a big crash is around the corner, investors who are still decades out from retirement can make that work for them, Orman said in theCNBC video.\nFirst, prepare for the worst and hope for the best. Since the onset of the pandemic, Orman now recommends everyone have an emergency fund that can cover their expenses for a full year.\nThen, to set yourself up fora comfortable retirement, she suggests you opt for a Roth account, whether that’s a 401(k) or IRA.\nThat will help you avoid paying tax when you take money out of your retirement account because your contributions to a Roth account are made after tax. Traditional IRAs, on the other hand, aren’t taxed when you make contributions, so you’ll end up paying later.\nIf you find you need a little more guidance, working with aprofessional financial adviser, can help point you in the right direction so you can confidently ride out any market volatility.\nWhile everyone else is veering off course or overcorrecting, you’ll be firmly in the driver’s seat with your sunset years planned for.","news_type":1},"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891313475,"gmtCreate":1628332444697,"gmtModify":1703505157773,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"Ev&nbsp;vehicles!!","listText":"Ev&nbsp;vehicles!!","text":"Ev vehicles!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/891313475","repostId":"1153028059","repostType":4,"repost":{"id":"1153028059","kind":"news","pubTimestamp":1627340900,"share":"https://ttm.financial/m/news/1153028059?lang=&edition=fundamental","pubTime":"2021-07-27 07:08","market":"us","language":"en","title":"Tesla sales surge 98%; company boosts margins on its less-costly electric cars","url":"https://stock-news.laohu8.com/highlight/detail?id=1153028059","media":"Reuters","summary":" -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.Tesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operati","content":"<p>(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.</p>\n<p>Tesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.</p>\n<p>For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation. Tesla boosted its performance by cutting features it said were unused or unneeded and raising U.S. vehicle prices.</p>\n<p>Shares of the world’s most valuable automaker rose 1.5% in extended trade.</p>\n<p>In a call with investors and analysts, Tesla executives said that volume production growth will depend on parts availability, and Musk cautioned the shortage of semiconductors will continue.</p>\n<p>“The global chip shortage situation remains quite serious,” Musk said.</p>\n<p>Still, Musk said Tesla expects to launch production this year of the Model Y SUV at factories under construction in Texas and Germany. He said the company expects battery cell suppliers to double production next year.</p>\n<p>Despite the pandemic and the supply chain crisis, Tesla posted record deliveries during the quarter, thanks to sales of cheaper models including Model 3 sedans and Model Ys.</p>\n<p>The carmaker, led by billionaire entrepreneur Elon Musk, said revenue jumped to $11.96 billion from $6.04 billion a year earlier, when its California factory was shut down for more than six weeks due to local lockdown orders to fight the pandemic.</p>\n<p>Analysts had expected revenue of about $11.3 billion, according to IBES data from Refinitiv.</p>\n<p>Excluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share.</p>\n<p>Tesla said operating income rose with volume growth and cost reduction, which offset higher supply chain costs, lower regulatory credit revenue and other items including $23 million in losses on investment in cryptocurrency bitcoin.</p>\n<p>Tesla’s profitability has often relied on selling regulatory credits to other automakers, but in the second quarter, Tesla was profitable without these credits for the first time since the end of 2019. Its GAAP net income was $1.14 billion in the second quarter. Revenue from the credits only totaled $354 million.</p>\n<p>“Tesla impressed with its numbers, as most of its revenue came from vehicle sales,” Jesse Cohen, senior analyst at Investing.com, said.</p>\n<p>Carmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla.</p>\n<p>Tesla said it said it has delayed the launch of the Semi truck program to 2022 to focus on starting factories and due to limited availability of battery cells and other parts this year.</p>\n<p>But the company’s new 4680 batteries are not ready for volume production; executives said it was difficult to predict when technological challenges would be resolved.</p>\n<p>In an aside, Musk said he “most likely will not be on earnings calls” going forward to discuss financial results with investors and analysts. These calls have been a colorful quarterly ritual Musk has used for discourses on Tesla technology, or to fire back at rivals or critics.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla sales surge 98%; company boosts margins on its less-costly electric cars</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 sales surge 98%; company boosts margins on its less-costly electric cars\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on ...</p>\n\n<a href=\"https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153028059","content_text":"(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.\nTesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.\nFor the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation. Tesla boosted its performance by cutting features it said were unused or unneeded and raising U.S. vehicle prices.\nShares of the world’s most valuable automaker rose 1.5% in extended trade.\nIn a call with investors and analysts, Tesla executives said that volume production growth will depend on parts availability, and Musk cautioned the shortage of semiconductors will continue.\n“The global chip shortage situation remains quite serious,” Musk said.\nStill, Musk said Tesla expects to launch production this year of the Model Y SUV at factories under construction in Texas and Germany. He said the company expects battery cell suppliers to double production next year.\nDespite the pandemic and the supply chain crisis, Tesla posted record deliveries during the quarter, thanks to sales of cheaper models including Model 3 sedans and Model Ys.\nThe carmaker, led by billionaire entrepreneur Elon Musk, said revenue jumped to $11.96 billion from $6.04 billion a year earlier, when its California factory was shut down for more than six weeks due to local lockdown orders to fight the pandemic.\nAnalysts had expected revenue of about $11.3 billion, according to IBES data from Refinitiv.\nExcluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share.\nTesla said operating income rose with volume growth and cost reduction, which offset higher supply chain costs, lower regulatory credit revenue and other items including $23 million in losses on investment in cryptocurrency bitcoin.\nTesla’s profitability has often relied on selling regulatory credits to other automakers, but in the second quarter, Tesla was profitable without these credits for the first time since the end of 2019. Its GAAP net income was $1.14 billion in the second quarter. Revenue from the credits only totaled $354 million.\n“Tesla impressed with its numbers, as most of its revenue came from vehicle sales,” Jesse Cohen, senior analyst at Investing.com, said.\nCarmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla.\nTesla said it said it has delayed the launch of the Semi truck program to 2022 to focus on starting factories and due to limited availability of battery cells and other parts this year.\nBut the company’s new 4680 batteries are not ready for volume production; executives said it was difficult to predict when technological challenges would be resolved.\nIn an aside, Musk said he “most likely will not be on earnings calls” going forward to discuss financial results with investors and analysts. These calls have been a colorful quarterly ritual Musk has used for discourses on Tesla technology, or to fire back at rivals or critics.","news_type":1},"isVote":1,"tweetType":1,"viewCount":407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155440471,"gmtCreate":1625450553993,"gmtModify":1703741925058,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"Good to know","listText":"Good to know","text":"Good to know","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/155440471","repostId":"1195697491","repostType":4,"repost":{"id":"1195697491","kind":"news","pubTimestamp":1625449586,"share":"https://ttm.financial/m/news/1195697491?lang=&edition=fundamental","pubTime":"2021-07-05 09:46","market":"us","language":"en","title":"Five Things You Need to Know to Start Your Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1195697491","media":"Bloomberg","summary":"Chinese President Xi Jinping and EU leaders are expected to hold a video call as tensions flare. Sau","content":"<p>Chinese President Xi Jinping and EU leaders are expected to hold a video call as tensions flare. Saudi Arabia insists the OPEC+ must extend its production agreement, despite pushback from the United Arab Emirates. China orders Didi’s removal&nbsp;from app stores.&nbsp;The delta variant continues to create havoc globally. Here’s what you need to know.</p>\n<p>Tensions Flare</p>\n<p>Chinese President&nbsp;Xi Jinping, German Chancellor&nbsp;Angela Merkel and French President&nbsp;Emmanuel Macron&nbsp;areexpected to hold a video callthis week, according to&nbsp;people with knowledge of the matter.&nbsp;The agenda isn’t yet known.&nbsp;The talks will be closely dissected as the EU&nbsp;and China’s once-cordial relations&nbsp;turn tense&nbsp;over a stalled trade deal and human-rights sanctions.&nbsp;Macron&nbsp;is said to be keen to promote the interests of Airbus&nbsp;and to press Xi on easing China’s travel restrictions on&nbsp;EU citizens, especially businesspeople.</p>\n<p>Markets Wrap</p>\n<p>Asian stockslook set for a steady startafter U.S. shares climbed further on speculation the Federal Reserve has room to&nbsp;continue providing substantial stimulus support.&nbsp;The S&amp;P 500 reached a record for a seventh straight day on Friday aftera jobs reportsignaled that U.S. recovery is gaining steam, but not at a pace that would prompt the central bank to taper stimulus quickly. Trading in the U.S. dollar may be subdued with American markets closed for Independence Day. Investors are also awaiting Fed minutes later this week for clues on its policy outlook.</p>\n<p><b>Sponsored Content byGlobal X ETFs</b></p>\n<p><b>Lithium &amp; Battery Supply Key to Growing EV Demand</b></p>\n<p>As electric vehicle (EV) sales grow and more legacy automakers enter the EV race, battery demand is taking off.We recently exploredthe market dynamics of lithium mining and battery production and what governments are doing to help secure supply chains.</p>\n<p>The Plan</p>\n<p>Oil remains in the spotlight over an OPEC+ dispute&nbsp;that has cast doubt on a deal that could ease a surge in prices. Saudi Arabia insisted on Sunday night that OPEC+must extend its production agreementto the end of next year, sticking to a plan that has drawn strong opposition from the United Arab Emirates. “We have to extend,” Saudi Energy Minister Prince Abdulaziz bin Salman said ina Bloomberg TV interview.&nbsp;In an indication of the seriousness of the diplomatic&nbsp;standoff, Prince Abdulaziz implied that Abu Dhabi was isolated within the OPEC+ alliance. “It’s the whole group versus one country. I’m sad but that’s the reality of the day,” he said. The UAE,&nbsp;demanding better terms for itself, on Fridayblocked an OPEC+ dealthat cartel leaders Russia and Saudi Arabia hashed out to increase output.&nbsp;Abu Dhabi is forcing allies into a difficult position: accept its requests&nbsp;orrisk unravelingthe&nbsp;alliance.</p>\n<p>Major Blow</p>\n<p>China’s cyberspace regulator orderedapp stores to remove&nbsp;Didi, dealing a major blow to the&nbsp;ride-hailing giant just days after launching one of thelargest U.S. IPOsof the past decade. The Cyberspace Administration of China cited violations stemming from Didi’s&nbsp;collection and usage of personal data. The&nbsp;unusually swift decision came two days after the regulator said it was conducting&nbsp;a cybersecurity review of the firm. In effect, the largest app stores in China, operated by the likes of&nbsp;Apple, Huawei and&nbsp;Xiaomi, are required to strike off Didi. But the current half billion or so users can continue to order rides and other services as long as they downloaded the app before Sunday’s order.</p>\n<p>Rapid Spread</p>\n<p>As the more contagious delta variant spreads,new fault lines are forming&nbsp;for developing nations and their currencies. The economic squeeze from tighter restrictions&nbsp;may heighten pressure on their central banks to remain accommodative, and could deepen the divide between emerging and developed markets.&nbsp;Only a few developing nations —&nbsp;Chile, China, Israel, the UAE and Central Eastern European countries — havevaccinated close to halfof their populations, the level seen as needed to curb the&nbsp;strain’s transmission. South Koreareversed a decisionto relax mask rules&nbsp;after a spike in infections, driven by people in their 20s and 30s and the variant.&nbsp;Meanwhile in England, anti-virus rules, including a&nbsp;mask requirement, will become “matters of personal choice” whencurbs are&nbsp;lifted&nbsp;this month. Still, outbreaks in Europe couldcut short a revivalin air travel.</p>\n<p>And finally, here’s what Cormac’s&nbsp;interested in today</p>\n<p>With gains in June sticking to the seasonal script for global stocks, July should be more of the same if&nbsp;historical patterns hold. The MSCI AC World Index has risen 1.9% this month on average over the last 10 years and volatility —&nbsp;as measured by the VIX Index —&nbsp;has retreated, according to data compiled by&nbsp;Bloomberg.</p>\n<p><img src=\"https://static.tigerbbs.com/0d4a66af4517d5d550c874dffd6826d6\" tg-width=\"800\" tg-height=\"646\" referrerpolicy=\"no-referrer\">But the data also show bulls don’t have much time to get comfy.&nbsp;Price swings come roaring&nbsp;back in August and stocks retreat. The VIX’s average jump that month is about 19% over the last decade. Of course, the move is exaggerated somewhat by the volatility gauge’s more than doubling during the August&nbsp;2015 China selloff/flash crash,&nbsp;but only in terms of magnitude not in direction.</p>\n<p>And while seasonality&nbsp;is rightly criticised regarding stock moves, there is a bit more logic to it in terms of volatility.&nbsp;Trading activity does dry up in the summer months so prices tend to swing more in the thin liquidity.</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>Five Things You Need to Know to Start Your Day</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\">\nFive Things You Need to Know to Start Your Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 09:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2021-07-04/five-things-you-need-to-know-to-start-your-day?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese President Xi Jinping and EU leaders are expected to hold a video call as tensions flare. Saudi Arabia insists the OPEC+ must extend its production agreement, despite pushback from the United ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-07-04/five-things-you-need-to-know-to-start-your-day?srnd=premium-asia\">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.bloomberg.com/news/newsletters/2021-07-04/five-things-you-need-to-know-to-start-your-day?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195697491","content_text":"Chinese President Xi Jinping and EU leaders are expected to hold a video call as tensions flare. Saudi Arabia insists the OPEC+ must extend its production agreement, despite pushback from the United Arab Emirates. China orders Didi’s removal from app stores. The delta variant continues to create havoc globally. Here’s what you need to know.\nTensions Flare\nChinese President Xi Jinping, German Chancellor Angela Merkel and French President Emmanuel Macron areexpected to hold a video callthis week, according to people with knowledge of the matter. The agenda isn’t yet known. The talks will be closely dissected as the EU and China’s once-cordial relations turn tense over a stalled trade deal and human-rights sanctions. Macron is said to be keen to promote the interests of Airbus and to press Xi on easing China’s travel restrictions on EU citizens, especially businesspeople.\nMarkets Wrap\nAsian stockslook set for a steady startafter U.S. shares climbed further on speculation the Federal Reserve has room to continue providing substantial stimulus support. The S&P 500 reached a record for a seventh straight day on Friday aftera jobs reportsignaled that U.S. recovery is gaining steam, but not at a pace that would prompt the central bank to taper stimulus quickly. Trading in the U.S. dollar may be subdued with American markets closed for Independence Day. Investors are also awaiting Fed minutes later this week for clues on its policy outlook.\nSponsored Content byGlobal X ETFs\nLithium & Battery Supply Key to Growing EV Demand\nAs electric vehicle (EV) sales grow and more legacy automakers enter the EV race, battery demand is taking off.We recently exploredthe market dynamics of lithium mining and battery production and what governments are doing to help secure supply chains.\nThe Plan\nOil remains in the spotlight over an OPEC+ dispute that has cast doubt on a deal that could ease a surge in prices. Saudi Arabia insisted on Sunday night that OPEC+must extend its production agreementto the end of next year, sticking to a plan that has drawn strong opposition from the United Arab Emirates. “We have to extend,” Saudi Energy Minister Prince Abdulaziz bin Salman said ina Bloomberg TV interview. In an indication of the seriousness of the diplomatic standoff, Prince Abdulaziz implied that Abu Dhabi was isolated within the OPEC+ alliance. “It’s the whole group versus one country. I’m sad but that’s the reality of the day,” he said. The UAE, demanding better terms for itself, on Fridayblocked an OPEC+ dealthat cartel leaders Russia and Saudi Arabia hashed out to increase output. Abu Dhabi is forcing allies into a difficult position: accept its requests orrisk unravelingthe alliance.\nMajor Blow\nChina’s cyberspace regulator orderedapp stores to remove Didi, dealing a major blow to the ride-hailing giant just days after launching one of thelargest U.S. IPOsof the past decade. The Cyberspace Administration of China cited violations stemming from Didi’s collection and usage of personal data. The unusually swift decision came two days after the regulator said it was conducting a cybersecurity review of the firm. In effect, the largest app stores in China, operated by the likes of Apple, Huawei and Xiaomi, are required to strike off Didi. But the current half billion or so users can continue to order rides and other services as long as they downloaded the app before Sunday’s order.\nRapid Spread\nAs the more contagious delta variant spreads,new fault lines are forming for developing nations and their currencies. The economic squeeze from tighter restrictions may heighten pressure on their central banks to remain accommodative, and could deepen the divide between emerging and developed markets. Only a few developing nations — Chile, China, Israel, the UAE and Central Eastern European countries — havevaccinated close to halfof their populations, the level seen as needed to curb the strain’s transmission. South Koreareversed a decisionto relax mask rules after a spike in infections, driven by people in their 20s and 30s and the variant. Meanwhile in England, anti-virus rules, including a mask requirement, will become “matters of personal choice” whencurbs are lifted this month. Still, outbreaks in Europe couldcut short a revivalin air travel.\nAnd finally, here’s what Cormac’s interested in today\nWith gains in June sticking to the seasonal script for global stocks, July should be more of the same if historical patterns hold. The MSCI AC World Index has risen 1.9% this month on average over the last 10 years and volatility — as measured by the VIX Index — has retreated, according to data compiled by Bloomberg.\nBut the data also show bulls don’t have much time to get comfy. Price swings come roaring back in August and stocks retreat. The VIX’s average jump that month is about 19% over the last decade. Of course, the move is exaggerated somewhat by the volatility gauge’s more than doubling during the August 2015 China selloff/flash crash, but only in terms of magnitude not in direction.\nAnd while seasonality is rightly criticised regarding stock moves, there is a bit more logic to it in terms of volatility. Trading activity does dry up in the summer months so prices tend to swing more in the thin liquidity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131304316,"gmtCreate":1621825003835,"gmtModify":1704362857002,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"Fire in the hole! Go go go!!","listText":"Fire in the hole! Go go go!!","text":"Fire in the hole! Go go go!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/131304316","repostId":"1154364832","repostType":4,"repost":{"id":"1154364832","kind":"news","pubTimestamp":1621824866,"share":"https://ttm.financial/m/news/1154364832?lang=&edition=fundamental","pubTime":"2021-05-24 10:54","market":"us","language":"en","title":"Sea Limited Is Ready To Fire On All Cylinders","url":"https://stock-news.laohu8.com/highlight/detail?id=1154364832","media":"seekingalpha","summary":"SummarySea Limited continues to extend its leadership across all its business segments with a blockb","content":"<p>Summary</p><ul><li>Sea Limited continues to extend its leadership across all its business segments with a blockbuster Q1’21 performance.</li><li>Investors need to pay attention to its potential cash flow margins that could far exceed even AMZN and MELI.</li><li>At the current price, investors are getting a bargain even at the bear case of its fair value range with a DCF framework.</li></ul><p><img src=\"https://static.tigerbbs.com/04fbbc1a372c45d5d8e903015e5b0dfe\" tg-width=\"768\" tg-height=\"512\" referrerpolicy=\"no-referrer\">Photo by Wachiwit/iStock Editorial via Getty ImagesInvestment Thesis</p><p>Sea Limited (SE) has fallen about 13% from its all-time high. The company has continued to dominate its markets and looks certain to further extend its leadership position and expand its verticals to take even more market share away from its competitors. Investors should take advantage of the consolidation to initiate or add positions to this potential massive cash flow generator.</p><p><b>Earnings Review and What To Look Out For?</b></p><p>Sea Limited is the largest integrated Internet company in South East Asia, with operations spanning across gaming, e-commerce, and fintech.</p><p>The company’s recent Q1’21 results were another blockbuster across all business segments, demonstrating the company’s strong leadership and well-executed growth strategies towards itsvision:</p><blockquote>We think we stand in the best position to capitalize on the opportunity to build the largest consumer Internet ecosystem in the region. And we'll continue to focus on executing on our core businesses as well as building those ecosystems.</blockquote><p>As a reminder, for its e-commerce segment Shopee, Sea considers its region to comprise the following markets: Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia, and Singapore, of which Indonesia is the company’s largest market.</p><p>For its gaming segmentGarena, the company’s largest and growing markets comprise Southeast Asia, Taiwan, Brazil, Mexico, India, North America, Russia, and the Middle East.</p><p><img src=\"https://static.tigerbbs.com/932ec3694e935afbfa643e9c904ce964\" tg-width=\"1280\" tg-height=\"636\" referrerpolicy=\"no-referrer\">SE’s Quarterly Results. Data Source: S&amp;P Global Market Intelligence</p><p>Q1’21 YoY revenue growth accelerated to 146.7%. In fact, Q1’21 is the 11th consecutive quarter of &gt;100% YoY revenue growth. The company’s main revenue driverGarena recorded a 111.4% YoY rise, while Shopee and other services recorded a 189.8% YoY increase.</p><p>Gross margin also improved significantly compared to the prior year. Q1’21 gross margin came in at 36.6% as compared to 28.9% a year ago. In its respective segments, Garena’s gross margin also improved to 68.2% from 38.6% a year ago, while Shopee’s gross margin went up to 13.7% from 7.1% a year ago.</p><p><img src=\"https://static.tigerbbs.com/6d9651b44ee4d09b2dcf3d8c49e72213\" tg-width=\"1280\" tg-height=\"629\" referrerpolicy=\"no-referrer\"></p><p>SE’s LTM results. Data Source: S&amp;P Global Market Intelligence</p><p>Looking across the longer-term trend using the LTM basis, we could also see similar fantastic top line performance. LTM YoY revenue growth came in at 113.7%, and gross margin also improved to 33% compared to 30.4% a year ago. Therefore, investors should be encouraged to know that Sea’s top line performance has been consistently getting better and better even as it scaled up fast, improving its cost of revenue ratio, showing just how capable the company is in being able to execute its growth strategies across multiple countries within its region.</p><p>Investors may want to continue paying attention to the company’s sales and marketing spend as it still accounted for the majority of the operating expenses in both the Q and LTM results, respectively. More importantly, sales and marketing spend as a percentage of revenue has continued to fall as the company scaled up, reflecting improving cost efficiencies over time.</p><p><img src=\"https://static.tigerbbs.com/695523a022549fe176d5ac4f89f3c4cb\" tg-width=\"1004\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p>SE’s OPEX as a % of Revenue (LTM Trend). Data Source: S&amp;P Global Market Intelligence</p><p>This has certainly helped to improve the company’s overall cost efficiencies over time, showing clearly the benefits of economies of scale of the company’s business model. LTM sales and marketing spend improved to 40.6% of revenue from 43.3% a year ago, while LTM overall operating expenses improved to 59.9% of revenue from 67.4% a year ago.</p><p>This has helped to narrow the company’s LTM negative operating margin to -27% from -37%. Investors should be reminded not to focus on SE’s near-term operating margins as a gauge of the company’s core operating performance. This is because the company is still in the early stages (despite growing so rapidly) of penetrating Southeast Asia’s massive e-commerce market, of which it is the clear leader currently. The company is expected to continue investing heavily in sales and marketing, in order to drive the massive potential for growth in the region and to establish itself as the future undisputed e-commerce leader in the region taking the large majority of the pie, leaving the rest of its competitors to only be able to compete in their much smaller respective niche market segments, just like what Amazon (AMZN) had done in its established markets.</p><p>In fact, Sea’s CEOForrest Li, who was named “Singapore Businessman of the Year at the 35th Singapore Business Awards in Nov 20” added:</p><blockquote>Let me put it this way, it (Shopee) can be profitable anytime. But I think what's really important to us is we think it's still very early days for e-commerce development. We are in a very good situation because Garena has been profitable - actually it's pretty profitable, and this gives us the resources to invest in Shopee, invest in SeaMoney. I think pretty soon, Shopee will turn to be profitable as well. In certain markets, like Taiwan, it's already profitable. And then we will have more resources; two cash flow generators: Garena and Shopee. This allows us to continually invest in future opportunities.</blockquote><p>I have previously discussed (articles listedhereandhere) how important it is for investors to focus on cash flows for companies with massive scalability potential like Coupang (CPNG) and Opendoor Technologies (OPEN) which are still in their early days of penetrating their respective markets.</p><p>It is the same focus for Sea as we attempt to delve deeper into its cash flow generating ability. Sea uses Adjusted EBITDA to report its cash flow performance. I will present the discussion from FCF and EBITDA point of view first as a matter of consistency, before going over to the Adjusted EBITDA metrics.</p><p><img src=\"https://static.tigerbbs.com/ae1db2d81fcf921eaba649f93cbbf9e0\" tg-width=\"1280\" tg-height=\"601\" referrerpolicy=\"no-referrer\"></p><p>SE’s LTM CFO Margin and LTM FCF Margin. Data Source: S&amp;P Global Market Intelligence</p><p>A quick glance over to its cash flow statement unveiled just how well-performing SE has been with its cash flow management. In fact, SE’s CFO and FCF performance has been improving remarkably over time as it scaled up quickly, and the company is just getting started. Its LTM CFO margins have been steadily improving over the previous year from -5.36% to 17.28% for the Q1’21 quarter. In addition, its LTM FCF margins also improved steadily over the previous year from -13.4% to 11.08%.</p><p><img src=\"https://static.tigerbbs.com/2c3f20175798dec1212a5aac70feb8cc\" tg-width=\"1280\" tg-height=\"826\" referrerpolicy=\"no-referrer\"></p><p>SE’s EBITDA Margin &amp; EBIT Margin. Data Source: S&amp;P Global Market Intelligence</p><p>When we move over to its EBITDA margins, the improvement in trend of its core operating performance is also clearly discernible. Although it has yet to turn EBITDA positive, it was due mainly to necessary investments in sales and marketing.</p><p><img src=\"https://static.tigerbbs.com/5b82c3c4bf6f1a5698e05c68eaddbe2e\" tg-width=\"1280\" tg-height=\"819\" referrerpolicy=\"no-referrer\"></p><p><b>SE’s CapEx Margin &amp; CFO Margin. Data Source: S&amp;P Global Market Intelligence</b></p><p>SE has also benefited from the huge improvement in its core operating performance as seen in its CFO margin trend, while its heavy earlier CapEx investments have started to bear fruit as it scaled, as the CapEx margin is trending lower, and its CFO will now be able to sustain its CapEx moving forward.</p><p>It’s very clear that SE’s business has well cleared its inflection point of heavy investments to scale up, and the company is well on its way to generate huge cash flows in the future as it continues to power ahead in its market penetration.</p><p><img src=\"https://static.tigerbbs.com/88fb528aaddb4c6a12d219ac9c2e9f64\" tg-width=\"1280\" tg-height=\"730\" referrerpolicy=\"no-referrer\"></p><p>SE’s EBITDA Margin Forecast &amp; CapEx Margin Forecast. Data Source: S&amp;P Global Market Intelligence</p><p>Moving ahead, we can also see that SE’s forward EBITDA margin trend is expected to significantly expand, while CapEx margin is expected to continue to fall. The company is on track to be a massive cash flow generator, with EBITDA margin expected to be about 43.8% by FY 30. Therefore, investors must be aligned with Sea’s long-term vision of focusing on growing its cash flows as it continues to penetrate the region’s markets. Based on its current growth trajectory, SE’s cash flow generating potential looks massive.</p><p><img src=\"https://static.tigerbbs.com/46dd783ffd94d877ef749555e8869764\" tg-width=\"1280\" tg-height=\"735\" referrerpolicy=\"no-referrer\"></p><p>AMZN’s &amp; SE’s EBITDA Margin Forecast &amp; CapEx Margin Forecast. Data Source: S&amp;P Global Market Intelligence</p><p>When we bring in AMZN’s forecasts, I believe investors can clearly see what I mean. AMZN is already quite profitable based on its EBITDA margin, while SE’s EBITDA margin profitability is probably just getting started and SE is expected to grow its EBITDA margins much faster than AMZN, and this only goes to show the tremendous potential of the markets that SE is operating in. Investors are clearly reminded to give Shopee time to scale up to deliver the kind of cash flow profitability that will drive future returns.</p><p><img src=\"https://static.tigerbbs.com/37f1f59f3a8d0e8ef6e74b521330d9f7\" tg-width=\"1280\" tg-height=\"714\" referrerpolicy=\"no-referrer\">SE’s Adjusted EBITDA. Source: SE 6-K</p><p>As we move on to the segmented Adjusted EBITDA presented by the company, we can then infer what SE CEO Forrest Li meant by “Garena providing the resources for the company to invest in Shopee and SeaMoney.”</p><p>The company is continuing to build on Garena’s success to deliver the resources needed to invest in Shopee and SeaMoney. Investors should consider Shopee and SeaMoney as an entity because they have tremendous synergies and are each other’s flywheel. Garena offers clear cash flow visibility for Shopee and SeaMoney to grow.</p><p>Garena’s bookings reached $1.1B in Q1’21, which represents a 117.4% YoY increase. The bookings consist of current revenue and change in deferred revenue, the part which provides visibility into future revenue recognition.</p><p>As can be seen, based on Adjusted EBITDA, which also included change in deferred revenue, SE has turned profitable. Unlike many other e-commerce companies or internet companies, SE already has a cash flow profitable Garena segment to provide the resources to drive its e-commerce and fintech segment growth. This combination is extremely powerful and, coupled with the company’s remarkable execution, has already brought FCF profitability to its operations, and soon EBITDA profitable. This will certainly allow SE to push even harder to drive more sustainable investments into more verticals and products to expand its ecosystem and further reduce the share of the pie available and pull itself further away from its closest competitors.</p><p>Therefore, investors must continue to pay attention to the key growth drivers in Garena, and how the company intends to stretch its leadership further to protect its key cash flow generator until Shopee and SeaMoney become self-sustainable.</p><p><img src=\"https://static.tigerbbs.com/3291643e2334f5cf171810ba13d16ca2\" tg-width=\"1100\" tg-height=\"604\" referrerpolicy=\"no-referrer\"></p><p>Shopee’s Adjusted EBITDA per order. Source:Techinasia</p><p>As Shopee continues to drive its fast expansion across the region, its unit economics have continued to improve remarkably, as it achieved operating efficiencies over time, leading to further reductions in Adjusted EBITDA loss per order. For Q1’21, the Adjusted EBITDA loss per order improved to $0.38, which represents a 38% YoY decline. As the company has guided earlier, it would not be long before Shopee achieves self-sustaining EBITDA profitability.</p><p><b>What’s Next for Garena?</b></p><p>At the Pocket Gamer Awards 2021, Garena received the Best Mobile Publisher Award, and Free Fire was also named the Best Battle Royale Game.</p><p>Yet, according to the company, Garena’s most popular self-developedFree Fireis</p><blockquote>still at an early stage of driving growth on the user base as well as pay user base for this game and developing it into a social platform where people not only come to play the core gameplay, but also enjoy other modes hangout, listen to music, social lives.”</blockquote><p>The company’s focus on Free Fire is notable as it is Garena’s most important revenue driver. Therefore the ability to scale Free Fire beyond just a game but into a social platform would bring Free Fire into its next phase of growth while continuing to grow its active user base and paying users. Sea also emphasized that the company continues to see “stickiness” in its active user metrics as the average active user spends about 2 to 3 hours daily on its platform. Not only has Garena grown its quarterly paying users 123.5% YoY, its quarterly paying users also represented 12.3% of quarterly active users (QAU) for Q1’21 as compared to 8.9% a year ago. Therefore driving the stickiness of the platform and encouraging more time spent among its active users would help to drive its paying user ratio up.</p><p>Sea believes that one of the key factors that could help to drive Garena towards its vision of a social platform is dramatically increasing its modes of engagement with its users. This is not just restricted to online activities, but also offline community engagement programs. The whole intent is to develop a “broad-based platform stickiness” beyond its top active users, by building and growing the platform into a much larger community and provide the users ample opportunities to socialize and engage through its ongoing content development, and its promotion of community engagement.</p><p>A key aspect of its community engagement strategies is focused on eSports. Sea believes that it operates the “largest mobile-game professional league in Southeast Asia, Taiwan and Brazil” and Free Fire was also named the “eSports Mobile Game of the Year at the eSports Awards 2020”. (Source: SE 20-F). The company continues to hold very large-scale eSports tournaments and events to strengthen its community engagement strategies such as Free Fire League Latinoamerica 2021, and its flagship Garena World event in April. On the 28th May, theFree Fire World Series 2021 Singapore(FFWS 2021 SG), which is Free Fire’s most prestigious eSports tournament, will take place in Singapore with a massive prize pool of US2M. Sea is showing no signs of ever letting the company’s most important revenue driver and most profitable segment to slip through its grip. Instead, it continues to build on its success as the leading eSports organizer in its markets.</p><p>Garena is also looking way beyond the success of Free Fire and is constantly developing its games portfolio pipeline through constant R&amp;D and product development with its “significant number of our more than 1,000 in-house game developers globally are constantly working on new ideas, while we continue to engage with third-party game studios for collaboration on promising and complementary game development and publishing opportunities.” (Source: SE Q1’21 earnings transcript)</p><p><b>Expanding Shopee’s Global Footprint and Verticals</b></p><p>Sea is actively expanding its presence in LatAm’s largest e-commerce market:Brazil, taking on MercadoLibre (MELI) in its most important market and with eyes on the whole LatAm. Although Sea is a relatively new player in e-commerce, having set up Shopee only in2015, the company is no stranger to taking on big incumbents. Shopee has already unseated the incumbent Alibaba-backed (BABA)Lazadaas the number one e-commerce platform in Southeast Asia. In addition, in its most important market, Indonesia, the company has also unseated incumbent Tokopedia as the leader, and Shopee was also recently reported to be themost visited e-commerce websiteamong Indonesian consumers in 2020.</p><p>Sea further highlighted that the company continued to rank first in MAU and total time spent on apps in the shopping category across its markets in Southeast Asia, and in Indonesia it also recorded its fastest quarterly YoY growth rates on record. (Source: SE Q1’21 earnings transcript)</p><p>Therefore, Sea is an extremely well-managed company, capable of pulling off challenging growth strategies against other large incumbents. Don’t bet against Sea.</p><p>In addition, the company has also ventured into other verticals such as food delivery to expand its ecosystem. Sea sees food delivery as a complementary offering in Shopee. In Vietnam, Sea-owned food delivery service Now which it acquired in 2017 is already themarket leader, having unseated the incumbent Grab. The company also recently launched its food delivery service in Jakarta, Indonesia, with plans to launch into other cities in the future.</p><p><b>The SeaMoney Synergies</b></p><p>Sea’s fintech platform SeaMoney continues to see continued success and growth as mobile wallet services TPV recorded a YoY growth of almost 209% to $3.4B, as ShopeePay continues to ride on the coattails of Shopee’s rapid growth. The company also highlighted that according to Snapcart Indonesia’s survey in March, “ShopeePay was the most used, the most remembered and most liked mobile wallet by Indonesian consumers during the first quarter.” (Source: SE Q1’21 earnings transcript)</p><p>The company is also aggressively expanding its off-platform use cases by establishing “partnerships with major consumer brands in Indonesia, one of which is their partnership with Indomaret, a leading Indonesian convenience store chain, as well as with Wendy’s(NASDAQ:WEN)and Domino’s Pizza(NYSE:DPZ).”</p><p>The company has also continued to improve the utility within ShopeePay adding new features such as “Deals Near Me”, which was said to have driven “significant footfall to its onboarded offline merchants.”</p><p>The strategy of incorporating the higher-margin digital financial services products such as wealth management products is also within the pipeline and is a natural extension of its fintech strategy. Although I believe this may be the most challenging aspect among its growth strategies within SeaMoney as financial services is a highly regulated market and the Southeast Asia region’s regulatory landscape largely differs between countries. Yet, it is still a key area of growth within the company’s overall fintech blueprint.</p><p><b>GoTo: What Should Investors Look Out For In The Tokopedia And Gojek Merger?</b></p><p>Much has been said recently regarding the SoftBank(OTCPK:SFTBY)and Alibaba-backedmergerbetween Tokopedia and Gojek and the risks it may pose to Sea’s leadership.</p><p>What’s important for investors to note is that in my opinion, the move seems born out of a measure of “desperation” to save their own businesses from the growing prowess of Grab (AGC) and SE in Gojek’s case and SE in Tokopedia’s case who have been aggressively taking away their respective market share, eventually culminating in them losing their respective market leadership. Therefore, it’s a marriage of two “losing” incumbents who have failed to stem the charge of their strong and well-managed new market entrants in Sea and Grab. Sea and Grab are themselves no strangers to dislodging market-leading incumbents, with Grab having sentUber Technologies(UBER) packing home from Southeast Asia and BABA-backed Lazada getting overtaken by Sea in the Southeast Asian market.</p><p>Grab’s food delivery business was reported to account for 53% of Indonesia’s food delivery market, while its ride-hailing business was reported to account for 64% of the Indonesian ride-hailing market in2019. Grab sees Indonesia as the crown jewel in its Southeast Asian portfolio, with Grab CEOAnthony Tanreportedly having spent a lot of time in Indonesia to oversee its growth strategies. With Grab projected to turnEBITDA profitable by 2023, I feel Gojek may have already crucially lost the initiative to Grab.</p><p>Tokopedia, which was founded in 2009 had a head start of close to 6 years over Shopee, a huge amount of time in Tech before Shopee commenced operations in 2015. In just a short span of 6 years, not only has Tokopedia lost its leadership position to Shopee, ShopeePay has also overtaken all the other e-payment players in Indonesia in a mere two years, as ShopeePay now holds a38% share, well ahead of Grab-backed OVO and Gojek’s GoPay, both holding 19% share each. Remember the Shopee and ShopeePay’s synergies, it’s like a flywheel, each driving increased usage of the other, and leading further to increased GMV and TPV respectively. Shopee also reportedly understands Indonesian consumers’ needs better, especially among the female consumers as compared to Tokopedia according to a report byMomentum Works:</p><blockquote>For Shopee, fashion and beauty are the most popular product categories. On the other hand, Tokopedia is more established in mobile and electronics. This explains why many of the female Indonesians are going to Shopee instead. For mobile and electronics, you probably only buy them once or twice a year. For fashion and beauty, it’s a different story. You can buy it every other month and even if you do not buy, you browse a lot – sending traffic to the platform. Impulse buying is also common for these categories, which is just nice for an ecosystem of shoppers, products as well as influencers.</blockquote><p>With Sea having already turned Adjusted EBITDA profitable in Q1’21, the company is well ready to take on the challenges of this merger between the two incumbents, who may have already crucially lost their opportunities to “turn back time”, even with a merger that is perhaps too little too late.</p><p><b>Valuations</b></p><p><img src=\"https://static.tigerbbs.com/9af1f1703d974dcc9562883dc04d1f13\" tg-width=\"1134\" tg-height=\"518\" referrerpolicy=\"no-referrer\"></p><p>Peers EV / Fwd Rev. Data Source: S&amp;P Global Market Intelligence</p><p>With such huge potential growth coming from Sea’s markets, Sea obviously trades at a premium when compared to its e-commerce peers, if we simply base off their respective expected revenue growth.</p><p><img src=\"https://static.tigerbbs.com/3607c4899ac3e4b1beccce944f68a638\" tg-width=\"1280\" tg-height=\"728\" referrerpolicy=\"no-referrer\"></p><p>Peers’ EBITDA Margin Forecast &amp; CapEx Forecast. Data Source: S&amp;P Global Market Intelligence</p><p>However, when we peek into Sea’s superior future cash flow generating capability using its projected EBITDA margins, we can see that Sea is only just getting started.</p><p>Since the company is expected to produce predictable cash flows moving forward, I find it meaningful to conduct a DCF valuation framework to determine a range of fair values with the results presented below.</p><p>Based on the DCF framework, I find SE undervalued by about 26% at the midpoint of its fair value range, with respect to the stock price of $246.33 as at 21 May 21. Therefore, I find the price level highly attractive.</p><p><img src=\"https://static.tigerbbs.com/0e8d8cce67ca4c035e6314b345d5f05a\" tg-width=\"1280\" tg-height=\"277\" referrerpolicy=\"no-referrer\"></p><p>Range of Fair Values. Data Source: S&amp;P Global Market Intelligence</p><p><img src=\"https://static.tigerbbs.com/84cb6fe959ae96e28a8f3a60146ec35f\" tg-width=\"1154\" tg-height=\"726\" referrerpolicy=\"no-referrer\"></p><p>WACC computation. Data Source: S&amp;P Global Market Intelligence</p><p><img src=\"https://static.tigerbbs.com/8982fb5ac9e8bb059635b287f81fe221\" tg-width=\"1280\" tg-height=\"206\" referrerpolicy=\"no-referrer\"></p><p>Fwd Rev &amp; Fwd EBITDA. Data Source: S&amp;P Global Market Intelligence</p><p><img src=\"https://static.tigerbbs.com/4e1e7da44b94ab543e888920747044ca\" tg-width=\"1172\" tg-height=\"934\" referrerpolicy=\"no-referrer\"></p><p>Unlevered FCF &amp; Enterprise Value. Data Source: S&amp;P Global Market Intelligence</p><p><img src=\"https://static.tigerbbs.com/75f2f24a8f6afecdf6bf0644d9bf8423\" tg-width=\"1014\" tg-height=\"696\" referrerpolicy=\"no-referrer\"></p><p>Equity Value Bridge. Data Source: S&amp;P Global Market Intelligence</p><p><b>Price Action and Technical Analysis</b></p><p><img src=\"https://static.tigerbbs.com/bab4482ce4bebbe89bc6636f5d39f10d\" tg-width=\"1280\" tg-height=\"798\" referrerpolicy=\"no-referrer\">Source: TradingView</p><p>SE has been on a meteoric rise since Mar 20, and as at the date of writing (21 May 21), the stock was down by about 13% from its all-time high in Feb 21. The price level between $275 and $285 looks to be an area of key resistance and bull traps previously set to lure in late buyers.</p><p>Key support is at $200, with the 50-period MA also serving as a key dynamic support area. I may continue to add more positions into this stock if the price level retraces nearer to $200 at the next retracement.</p><p>Otherwise, investors who wish to initiate or add more positions may find the current price attractive.</p><p>Further key support levels are currently at $179 and $155, areas that I would likely add very aggressively if the price was to retrace to those areas.</p><p><b>Conclusion</b></p><p>Sea is a very well-managed and ambitious integrated Internet company that looks to be at the next phase of its rapid growth and profitability. Investors may wish to take advantage of the current consolidation phase to gain entry or add positions to this potentially massive cash flow machine.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Limited Is Ready To Fire On All Cylinders</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\">\nSea Limited Is Ready To Fire On All Cylinders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 10:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4430755-sea-limited-stock-se-ready-to-fire-on-all-cylinders><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummarySea Limited continues to extend its leadership across all its business segments with a blockbuster Q1’21 performance.Investors need to pay attention to its potential cash flow margins that ...</p>\n\n<a href=\"https://seekingalpha.com/article/4430755-sea-limited-stock-se-ready-to-fire-on-all-cylinders\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4430755-sea-limited-stock-se-ready-to-fire-on-all-cylinders","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1154364832","content_text":"SummarySea Limited continues to extend its leadership across all its business segments with a blockbuster Q1’21 performance.Investors need to pay attention to its potential cash flow margins that could far exceed even AMZN and MELI.At the current price, investors are getting a bargain even at the bear case of its fair value range with a DCF framework.Photo by Wachiwit/iStock Editorial via Getty ImagesInvestment ThesisSea Limited (SE) has fallen about 13% from its all-time high. The company has continued to dominate its markets and looks certain to further extend its leadership position and expand its verticals to take even more market share away from its competitors. Investors should take advantage of the consolidation to initiate or add positions to this potential massive cash flow generator.Earnings Review and What To Look Out For?Sea Limited is the largest integrated Internet company in South East Asia, with operations spanning across gaming, e-commerce, and fintech.The company’s recent Q1’21 results were another blockbuster across all business segments, demonstrating the company’s strong leadership and well-executed growth strategies towards itsvision:We think we stand in the best position to capitalize on the opportunity to build the largest consumer Internet ecosystem in the region. And we'll continue to focus on executing on our core businesses as well as building those ecosystems.As a reminder, for its e-commerce segment Shopee, Sea considers its region to comprise the following markets: Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia, and Singapore, of which Indonesia is the company’s largest market.For its gaming segmentGarena, the company’s largest and growing markets comprise Southeast Asia, Taiwan, Brazil, Mexico, India, North America, Russia, and the Middle East.SE’s Quarterly Results. Data Source: S&P Global Market IntelligenceQ1’21 YoY revenue growth accelerated to 146.7%. In fact, Q1’21 is the 11th consecutive quarter of >100% YoY revenue growth. The company’s main revenue driverGarena recorded a 111.4% YoY rise, while Shopee and other services recorded a 189.8% YoY increase.Gross margin also improved significantly compared to the prior year. Q1’21 gross margin came in at 36.6% as compared to 28.9% a year ago. In its respective segments, Garena’s gross margin also improved to 68.2% from 38.6% a year ago, while Shopee’s gross margin went up to 13.7% from 7.1% a year ago.SE’s LTM results. Data Source: S&P Global Market IntelligenceLooking across the longer-term trend using the LTM basis, we could also see similar fantastic top line performance. LTM YoY revenue growth came in at 113.7%, and gross margin also improved to 33% compared to 30.4% a year ago. Therefore, investors should be encouraged to know that Sea’s top line performance has been consistently getting better and better even as it scaled up fast, improving its cost of revenue ratio, showing just how capable the company is in being able to execute its growth strategies across multiple countries within its region.Investors may want to continue paying attention to the company’s sales and marketing spend as it still accounted for the majority of the operating expenses in both the Q and LTM results, respectively. More importantly, sales and marketing spend as a percentage of revenue has continued to fall as the company scaled up, reflecting improving cost efficiencies over time.SE’s OPEX as a % of Revenue (LTM Trend). Data Source: S&P Global Market IntelligenceThis has certainly helped to improve the company’s overall cost efficiencies over time, showing clearly the benefits of economies of scale of the company’s business model. LTM sales and marketing spend improved to 40.6% of revenue from 43.3% a year ago, while LTM overall operating expenses improved to 59.9% of revenue from 67.4% a year ago.This has helped to narrow the company’s LTM negative operating margin to -27% from -37%. Investors should be reminded not to focus on SE’s near-term operating margins as a gauge of the company’s core operating performance. This is because the company is still in the early stages (despite growing so rapidly) of penetrating Southeast Asia’s massive e-commerce market, of which it is the clear leader currently. The company is expected to continue investing heavily in sales and marketing, in order to drive the massive potential for growth in the region and to establish itself as the future undisputed e-commerce leader in the region taking the large majority of the pie, leaving the rest of its competitors to only be able to compete in their much smaller respective niche market segments, just like what Amazon (AMZN) had done in its established markets.In fact, Sea’s CEOForrest Li, who was named “Singapore Businessman of the Year at the 35th Singapore Business Awards in Nov 20” added:Let me put it this way, it (Shopee) can be profitable anytime. But I think what's really important to us is we think it's still very early days for e-commerce development. We are in a very good situation because Garena has been profitable - actually it's pretty profitable, and this gives us the resources to invest in Shopee, invest in SeaMoney. I think pretty soon, Shopee will turn to be profitable as well. In certain markets, like Taiwan, it's already profitable. And then we will have more resources; two cash flow generators: Garena and Shopee. This allows us to continually invest in future opportunities.I have previously discussed (articles listedhereandhere) how important it is for investors to focus on cash flows for companies with massive scalability potential like Coupang (CPNG) and Opendoor Technologies (OPEN) which are still in their early days of penetrating their respective markets.It is the same focus for Sea as we attempt to delve deeper into its cash flow generating ability. Sea uses Adjusted EBITDA to report its cash flow performance. I will present the discussion from FCF and EBITDA point of view first as a matter of consistency, before going over to the Adjusted EBITDA metrics.SE’s LTM CFO Margin and LTM FCF Margin. Data Source: S&P Global Market IntelligenceA quick glance over to its cash flow statement unveiled just how well-performing SE has been with its cash flow management. In fact, SE’s CFO and FCF performance has been improving remarkably over time as it scaled up quickly, and the company is just getting started. Its LTM CFO margins have been steadily improving over the previous year from -5.36% to 17.28% for the Q1’21 quarter. In addition, its LTM FCF margins also improved steadily over the previous year from -13.4% to 11.08%.SE’s EBITDA Margin & EBIT Margin. Data Source: S&P Global Market IntelligenceWhen we move over to its EBITDA margins, the improvement in trend of its core operating performance is also clearly discernible. Although it has yet to turn EBITDA positive, it was due mainly to necessary investments in sales and marketing.SE’s CapEx Margin & CFO Margin. Data Source: S&P Global Market IntelligenceSE has also benefited from the huge improvement in its core operating performance as seen in its CFO margin trend, while its heavy earlier CapEx investments have started to bear fruit as it scaled, as the CapEx margin is trending lower, and its CFO will now be able to sustain its CapEx moving forward.It’s very clear that SE’s business has well cleared its inflection point of heavy investments to scale up, and the company is well on its way to generate huge cash flows in the future as it continues to power ahead in its market penetration.SE’s EBITDA Margin Forecast & CapEx Margin Forecast. Data Source: S&P Global Market IntelligenceMoving ahead, we can also see that SE’s forward EBITDA margin trend is expected to significantly expand, while CapEx margin is expected to continue to fall. The company is on track to be a massive cash flow generator, with EBITDA margin expected to be about 43.8% by FY 30. Therefore, investors must be aligned with Sea’s long-term vision of focusing on growing its cash flows as it continues to penetrate the region’s markets. Based on its current growth trajectory, SE’s cash flow generating potential looks massive.AMZN’s & SE’s EBITDA Margin Forecast & CapEx Margin Forecast. Data Source: S&P Global Market IntelligenceWhen we bring in AMZN’s forecasts, I believe investors can clearly see what I mean. AMZN is already quite profitable based on its EBITDA margin, while SE’s EBITDA margin profitability is probably just getting started and SE is expected to grow its EBITDA margins much faster than AMZN, and this only goes to show the tremendous potential of the markets that SE is operating in. Investors are clearly reminded to give Shopee time to scale up to deliver the kind of cash flow profitability that will drive future returns.SE’s Adjusted EBITDA. Source: SE 6-KAs we move on to the segmented Adjusted EBITDA presented by the company, we can then infer what SE CEO Forrest Li meant by “Garena providing the resources for the company to invest in Shopee and SeaMoney.”The company is continuing to build on Garena’s success to deliver the resources needed to invest in Shopee and SeaMoney. Investors should consider Shopee and SeaMoney as an entity because they have tremendous synergies and are each other’s flywheel. Garena offers clear cash flow visibility for Shopee and SeaMoney to grow.Garena’s bookings reached $1.1B in Q1’21, which represents a 117.4% YoY increase. The bookings consist of current revenue and change in deferred revenue, the part which provides visibility into future revenue recognition.As can be seen, based on Adjusted EBITDA, which also included change in deferred revenue, SE has turned profitable. Unlike many other e-commerce companies or internet companies, SE already has a cash flow profitable Garena segment to provide the resources to drive its e-commerce and fintech segment growth. This combination is extremely powerful and, coupled with the company’s remarkable execution, has already brought FCF profitability to its operations, and soon EBITDA profitable. This will certainly allow SE to push even harder to drive more sustainable investments into more verticals and products to expand its ecosystem and further reduce the share of the pie available and pull itself further away from its closest competitors.Therefore, investors must continue to pay attention to the key growth drivers in Garena, and how the company intends to stretch its leadership further to protect its key cash flow generator until Shopee and SeaMoney become self-sustainable.Shopee’s Adjusted EBITDA per order. Source:TechinasiaAs Shopee continues to drive its fast expansion across the region, its unit economics have continued to improve remarkably, as it achieved operating efficiencies over time, leading to further reductions in Adjusted EBITDA loss per order. For Q1’21, the Adjusted EBITDA loss per order improved to $0.38, which represents a 38% YoY decline. As the company has guided earlier, it would not be long before Shopee achieves self-sustaining EBITDA profitability.What’s Next for Garena?At the Pocket Gamer Awards 2021, Garena received the Best Mobile Publisher Award, and Free Fire was also named the Best Battle Royale Game.Yet, according to the company, Garena’s most popular self-developedFree Fireisstill at an early stage of driving growth on the user base as well as pay user base for this game and developing it into a social platform where people not only come to play the core gameplay, but also enjoy other modes hangout, listen to music, social lives.”The company’s focus on Free Fire is notable as it is Garena’s most important revenue driver. Therefore the ability to scale Free Fire beyond just a game but into a social platform would bring Free Fire into its next phase of growth while continuing to grow its active user base and paying users. Sea also emphasized that the company continues to see “stickiness” in its active user metrics as the average active user spends about 2 to 3 hours daily on its platform. Not only has Garena grown its quarterly paying users 123.5% YoY, its quarterly paying users also represented 12.3% of quarterly active users (QAU) for Q1’21 as compared to 8.9% a year ago. Therefore driving the stickiness of the platform and encouraging more time spent among its active users would help to drive its paying user ratio up.Sea believes that one of the key factors that could help to drive Garena towards its vision of a social platform is dramatically increasing its modes of engagement with its users. This is not just restricted to online activities, but also offline community engagement programs. The whole intent is to develop a “broad-based platform stickiness” beyond its top active users, by building and growing the platform into a much larger community and provide the users ample opportunities to socialize and engage through its ongoing content development, and its promotion of community engagement.A key aspect of its community engagement strategies is focused on eSports. Sea believes that it operates the “largest mobile-game professional league in Southeast Asia, Taiwan and Brazil” and Free Fire was also named the “eSports Mobile Game of the Year at the eSports Awards 2020”. (Source: SE 20-F). The company continues to hold very large-scale eSports tournaments and events to strengthen its community engagement strategies such as Free Fire League Latinoamerica 2021, and its flagship Garena World event in April. On the 28th May, theFree Fire World Series 2021 Singapore(FFWS 2021 SG), which is Free Fire’s most prestigious eSports tournament, will take place in Singapore with a massive prize pool of US2M. Sea is showing no signs of ever letting the company’s most important revenue driver and most profitable segment to slip through its grip. Instead, it continues to build on its success as the leading eSports organizer in its markets.Garena is also looking way beyond the success of Free Fire and is constantly developing its games portfolio pipeline through constant R&D and product development with its “significant number of our more than 1,000 in-house game developers globally are constantly working on new ideas, while we continue to engage with third-party game studios for collaboration on promising and complementary game development and publishing opportunities.” (Source: SE Q1’21 earnings transcript)Expanding Shopee’s Global Footprint and VerticalsSea is actively expanding its presence in LatAm’s largest e-commerce market:Brazil, taking on MercadoLibre (MELI) in its most important market and with eyes on the whole LatAm. Although Sea is a relatively new player in e-commerce, having set up Shopee only in2015, the company is no stranger to taking on big incumbents. Shopee has already unseated the incumbent Alibaba-backed (BABA)Lazadaas the number one e-commerce platform in Southeast Asia. In addition, in its most important market, Indonesia, the company has also unseated incumbent Tokopedia as the leader, and Shopee was also recently reported to be themost visited e-commerce websiteamong Indonesian consumers in 2020.Sea further highlighted that the company continued to rank first in MAU and total time spent on apps in the shopping category across its markets in Southeast Asia, and in Indonesia it also recorded its fastest quarterly YoY growth rates on record. (Source: SE Q1’21 earnings transcript)Therefore, Sea is an extremely well-managed company, capable of pulling off challenging growth strategies against other large incumbents. Don’t bet against Sea.In addition, the company has also ventured into other verticals such as food delivery to expand its ecosystem. Sea sees food delivery as a complementary offering in Shopee. In Vietnam, Sea-owned food delivery service Now which it acquired in 2017 is already themarket leader, having unseated the incumbent Grab. The company also recently launched its food delivery service in Jakarta, Indonesia, with plans to launch into other cities in the future.The SeaMoney SynergiesSea’s fintech platform SeaMoney continues to see continued success and growth as mobile wallet services TPV recorded a YoY growth of almost 209% to $3.4B, as ShopeePay continues to ride on the coattails of Shopee’s rapid growth. The company also highlighted that according to Snapcart Indonesia’s survey in March, “ShopeePay was the most used, the most remembered and most liked mobile wallet by Indonesian consumers during the first quarter.” (Source: SE Q1’21 earnings transcript)The company is also aggressively expanding its off-platform use cases by establishing “partnerships with major consumer brands in Indonesia, one of which is their partnership with Indomaret, a leading Indonesian convenience store chain, as well as with Wendy’s(NASDAQ:WEN)and Domino’s Pizza(NYSE:DPZ).”The company has also continued to improve the utility within ShopeePay adding new features such as “Deals Near Me”, which was said to have driven “significant footfall to its onboarded offline merchants.”The strategy of incorporating the higher-margin digital financial services products such as wealth management products is also within the pipeline and is a natural extension of its fintech strategy. Although I believe this may be the most challenging aspect among its growth strategies within SeaMoney as financial services is a highly regulated market and the Southeast Asia region’s regulatory landscape largely differs between countries. Yet, it is still a key area of growth within the company’s overall fintech blueprint.GoTo: What Should Investors Look Out For In The Tokopedia And Gojek Merger?Much has been said recently regarding the SoftBank(OTCPK:SFTBY)and Alibaba-backedmergerbetween Tokopedia and Gojek and the risks it may pose to Sea’s leadership.What’s important for investors to note is that in my opinion, the move seems born out of a measure of “desperation” to save their own businesses from the growing prowess of Grab (AGC) and SE in Gojek’s case and SE in Tokopedia’s case who have been aggressively taking away their respective market share, eventually culminating in them losing their respective market leadership. Therefore, it’s a marriage of two “losing” incumbents who have failed to stem the charge of their strong and well-managed new market entrants in Sea and Grab. Sea and Grab are themselves no strangers to dislodging market-leading incumbents, with Grab having sentUber Technologies(UBER) packing home from Southeast Asia and BABA-backed Lazada getting overtaken by Sea in the Southeast Asian market.Grab’s food delivery business was reported to account for 53% of Indonesia’s food delivery market, while its ride-hailing business was reported to account for 64% of the Indonesian ride-hailing market in2019. Grab sees Indonesia as the crown jewel in its Southeast Asian portfolio, with Grab CEOAnthony Tanreportedly having spent a lot of time in Indonesia to oversee its growth strategies. With Grab projected to turnEBITDA profitable by 2023, I feel Gojek may have already crucially lost the initiative to Grab.Tokopedia, which was founded in 2009 had a head start of close to 6 years over Shopee, a huge amount of time in Tech before Shopee commenced operations in 2015. In just a short span of 6 years, not only has Tokopedia lost its leadership position to Shopee, ShopeePay has also overtaken all the other e-payment players in Indonesia in a mere two years, as ShopeePay now holds a38% share, well ahead of Grab-backed OVO and Gojek’s GoPay, both holding 19% share each. Remember the Shopee and ShopeePay’s synergies, it’s like a flywheel, each driving increased usage of the other, and leading further to increased GMV and TPV respectively. Shopee also reportedly understands Indonesian consumers’ needs better, especially among the female consumers as compared to Tokopedia according to a report byMomentum Works:For Shopee, fashion and beauty are the most popular product categories. On the other hand, Tokopedia is more established in mobile and electronics. This explains why many of the female Indonesians are going to Shopee instead. For mobile and electronics, you probably only buy them once or twice a year. For fashion and beauty, it’s a different story. You can buy it every other month and even if you do not buy, you browse a lot – sending traffic to the platform. Impulse buying is also common for these categories, which is just nice for an ecosystem of shoppers, products as well as influencers.With Sea having already turned Adjusted EBITDA profitable in Q1’21, the company is well ready to take on the challenges of this merger between the two incumbents, who may have already crucially lost their opportunities to “turn back time”, even with a merger that is perhaps too little too late.ValuationsPeers EV / Fwd Rev. Data Source: S&P Global Market IntelligenceWith such huge potential growth coming from Sea’s markets, Sea obviously trades at a premium when compared to its e-commerce peers, if we simply base off their respective expected revenue growth.Peers’ EBITDA Margin Forecast & CapEx Forecast. Data Source: S&P Global Market IntelligenceHowever, when we peek into Sea’s superior future cash flow generating capability using its projected EBITDA margins, we can see that Sea is only just getting started.Since the company is expected to produce predictable cash flows moving forward, I find it meaningful to conduct a DCF valuation framework to determine a range of fair values with the results presented below.Based on the DCF framework, I find SE undervalued by about 26% at the midpoint of its fair value range, with respect to the stock price of $246.33 as at 21 May 21. Therefore, I find the price level highly attractive.Range of Fair Values. Data Source: S&P Global Market IntelligenceWACC computation. Data Source: S&P Global Market IntelligenceFwd Rev & Fwd EBITDA. Data Source: S&P Global Market IntelligenceUnlevered FCF & Enterprise Value. Data Source: S&P Global Market IntelligenceEquity Value Bridge. Data Source: S&P Global Market IntelligencePrice Action and Technical AnalysisSource: TradingViewSE has been on a meteoric rise since Mar 20, and as at the date of writing (21 May 21), the stock was down by about 13% from its all-time high in Feb 21. The price level between $275 and $285 looks to be an area of key resistance and bull traps previously set to lure in late buyers.Key support is at $200, with the 50-period MA also serving as a key dynamic support area. I may continue to add more positions into this stock if the price level retraces nearer to $200 at the next retracement.Otherwise, investors who wish to initiate or add more positions may find the current price attractive.Further key support levels are currently at $179 and $155, areas that I would likely add very aggressively if the price was to retrace to those areas.ConclusionSea is a very well-managed and ambitious integrated Internet company that looks to be at the next phase of its rapid growth and profitability. Investors may wish to take advantage of the current consolidation phase to gain entry or add positions to this potentially massive cash flow machine.","news_type":1},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107203686,"gmtCreate":1620490178145,"gmtModify":1704344327560,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/107203686","repostId":"1170905579","repostType":4,"repost":{"id":"1170905579","kind":"news","pubTimestamp":1620462497,"share":"https://ttm.financial/m/news/1170905579?lang=&edition=fundamental","pubTime":"2021-05-08 16:28","market":"us","language":"en","title":"The real story of the Trump-Facebook saga","url":"https://stock-news.laohu8.com/highlight/detail?id=1170905579","media":"Yahoo Finance ","summary":"It’s not this complicated.Like other bumbling corporations reluctant to take a stand, Facebook and i","content":"<p>It’s not this complicated.</p><p>Like other bumbling corporations reluctant to take a stand, Facebook and its CEO, Mark Zuckerberg, have turned a temporary controversy into an ongoing fiasco. The social-media giant could have permanently banned then-President Donald Trump on Jan. 7, after he used the platform to lie about the 2020 election and praise rioters trying to seize control of the US Capitol the day before. Trump and his supporters would have squealed, but decisive action by Facebook would have left them no choice: Deal with it.</p><p>Instead, Facebook (FB) suspended Trump’s account “indefinitely,” while asking the company’s “oversight board”—a group of outside policy experts—to recommend a permanent solution. On May 5, the board “upheld” Facebook’s decision to exile Trump, but it alsodinged Facebook for the arbitrary application of vague standards. Instead of handing the company a simple answer, it told Facebook to come up with a permanent solution of its own within six months.</p><p>Have you ever watched an overwrought parent try to negotiate with a misbehaving five-year-old? Instead of telling the kid to stop being a brat, the parent tries to persuade the child why it’s important to stop being a brat, hoping the child will stop being a brat because he sees the light and learns an important life lesson in the process. You want to shout, “just tell him to stop it!”</p><p>This is what’s going on with Facebook and its oversight board. Facebook is trying to dodge responsibility for making a decision sure to be unpopular with some of its users. The oversight board, relishing its own perceived importance, issued an11,800 word communiquethat didn’t resolve anything. The real answer is painfully obvious: Facebook should permanently ban anybody who’s a chronic liar and violence inciter. Yet nobody in Faceworld can say it.</p><p>Let’s quickly review what’s really happening in the Facebook saga, by annotating the motives of the key players. It won’t take thousands of words.</p><p><b>Donald Trump.</b>He wants the largest possible audience for his propaganda, includinghis lies about the 2020 election being stolenfrom him. Trump is a wannabe despot whoclaims persecutionto distract followers from his aberrant behavior and his election losses. It also helps him raise money from gullible sympathizers. As a private-sector entity, Facebook has the right to boot users who cause the company trouble, which Trump clearly did. There’s no free speech or First Amendment issue at all, because Trump is still free to publish his own views on a platform of his own. If it were a free speech issue, Facebook could cite the First Amendment to declare it faces no obligation to publish anybody's views, just as a newspaper doesn't have to run government manifestoes. Trump's claim of “censorship” is ridiculous, but it obviously keeps him in the news and fires up his supporters.</p><p><b>The Trump cult.</b>Echoing Trump,other Republican politiciansclaim Facebook and other social-media sites single out conservatives for “censorship.” They’re mixing up cause and effect. Election lies and other disinformation are now a staple of the Trump wing of the Republican party, and these lies trigger retaliation by the companies hosting the offending accounts. If Trumpers lied less, social media would “censor” them less. Most of them know this, but “censorship” gives them a bogus cause that helps generate outrage among their followers and juice their own campaign contributions.</p><p><b>Mark Zuckerberg.</b>The Facebook CEO cares about making money above all, and there’s not necessarily anything wrong with that. Zuckerberg wants to outsource the decision about Trump so that he and the company don’t seem to be directly responsible for an outcome likely to anger millions of conservative Facebook users. He may also want to have plausible deniability the next time he testifies before Congress, so that when a Trump lackey such as Rep. Jim Jordan (R., Ohio) tries to pillory Zuckerberg for persecuting Trump, Zuckerberg can say, “it wasn’t me.” It’s not clear Facebook is actually losing money because of the Trump feud, but even if it is, Zuckerberg has miscalculated by failing to account for other damage caused by allowing the Trump debacle to fester.</p><p><b>Democrats.</b>They don’t like Facebook either, but Sen. Elizabeth Warren and other Facebook critics on the left have a different gripe:Facebook abuses user dataand hastoo much powerin the digital advertising market. Facebook has few friends in Congress, but it does have one important thing going for it: The company’s Republican and Democratic critics are so divided that they may never agree on any legislation that reins in the company’s power.</p><p>There’s only one way the Facebook-Trump saga can end: A permanent Trump ban. Trump will never stop lying, and any negotiated return to Facebook would only restart the cycle. Around the same time Facebook indefinitely banned Trump, Twitteraxed his account permanently. It didn’t drag out the decision or ask somebody else to decide for it. Twitter (TWTR) is no longer explaining or relitigating its Trump decision, which is where Facebook might be in a year or two. It has already taken too long.</p>","source":"yahoofinance_sg","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>The real story of the Trump-Facebook saga</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\">\nThe real story of the Trump-Facebook saga\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 16:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/the-real-story-of-the-trump-facebook-saga-145941882.html><strong>Yahoo Finance </strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s not this complicated.Like other bumbling corporations reluctant to take a stand, Facebook and its CEO, Mark Zuckerberg, have turned a temporary controversy into an ongoing fiasco. The social-...</p>\n\n<a href=\"https://finance.yahoo.com/news/the-real-story-of-the-trump-facebook-saga-145941882.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/the-real-story-of-the-trump-facebook-saga-145941882.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170905579","content_text":"It’s not this complicated.Like other bumbling corporations reluctant to take a stand, Facebook and its CEO, Mark Zuckerberg, have turned a temporary controversy into an ongoing fiasco. The social-media giant could have permanently banned then-President Donald Trump on Jan. 7, after he used the platform to lie about the 2020 election and praise rioters trying to seize control of the US Capitol the day before. Trump and his supporters would have squealed, but decisive action by Facebook would have left them no choice: Deal with it.Instead, Facebook (FB) suspended Trump’s account “indefinitely,” while asking the company’s “oversight board”—a group of outside policy experts—to recommend a permanent solution. On May 5, the board “upheld” Facebook’s decision to exile Trump, but it alsodinged Facebook for the arbitrary application of vague standards. Instead of handing the company a simple answer, it told Facebook to come up with a permanent solution of its own within six months.Have you ever watched an overwrought parent try to negotiate with a misbehaving five-year-old? Instead of telling the kid to stop being a brat, the parent tries to persuade the child why it’s important to stop being a brat, hoping the child will stop being a brat because he sees the light and learns an important life lesson in the process. You want to shout, “just tell him to stop it!”This is what’s going on with Facebook and its oversight board. Facebook is trying to dodge responsibility for making a decision sure to be unpopular with some of its users. The oversight board, relishing its own perceived importance, issued an11,800 word communiquethat didn’t resolve anything. The real answer is painfully obvious: Facebook should permanently ban anybody who’s a chronic liar and violence inciter. Yet nobody in Faceworld can say it.Let’s quickly review what’s really happening in the Facebook saga, by annotating the motives of the key players. It won’t take thousands of words.Donald Trump.He wants the largest possible audience for his propaganda, includinghis lies about the 2020 election being stolenfrom him. Trump is a wannabe despot whoclaims persecutionto distract followers from his aberrant behavior and his election losses. It also helps him raise money from gullible sympathizers. As a private-sector entity, Facebook has the right to boot users who cause the company trouble, which Trump clearly did. There’s no free speech or First Amendment issue at all, because Trump is still free to publish his own views on a platform of his own. If it were a free speech issue, Facebook could cite the First Amendment to declare it faces no obligation to publish anybody's views, just as a newspaper doesn't have to run government manifestoes. Trump's claim of “censorship” is ridiculous, but it obviously keeps him in the news and fires up his supporters.The Trump cult.Echoing Trump,other Republican politiciansclaim Facebook and other social-media sites single out conservatives for “censorship.” They’re mixing up cause and effect. Election lies and other disinformation are now a staple of the Trump wing of the Republican party, and these lies trigger retaliation by the companies hosting the offending accounts. If Trumpers lied less, social media would “censor” them less. Most of them know this, but “censorship” gives them a bogus cause that helps generate outrage among their followers and juice their own campaign contributions.Mark Zuckerberg.The Facebook CEO cares about making money above all, and there’s not necessarily anything wrong with that. Zuckerberg wants to outsource the decision about Trump so that he and the company don’t seem to be directly responsible for an outcome likely to anger millions of conservative Facebook users. He may also want to have plausible deniability the next time he testifies before Congress, so that when a Trump lackey such as Rep. Jim Jordan (R., Ohio) tries to pillory Zuckerberg for persecuting Trump, Zuckerberg can say, “it wasn’t me.” It’s not clear Facebook is actually losing money because of the Trump feud, but even if it is, Zuckerberg has miscalculated by failing to account for other damage caused by allowing the Trump debacle to fester.Democrats.They don’t like Facebook either, but Sen. Elizabeth Warren and other Facebook critics on the left have a different gripe:Facebook abuses user dataand hastoo much powerin the digital advertising market. Facebook has few friends in Congress, but it does have one important thing going for it: The company’s Republican and Democratic critics are so divided that they may never agree on any legislation that reins in the company’s power.There’s only one way the Facebook-Trump saga can end: A permanent Trump ban. Trump will never stop lying, and any negotiated return to Facebook would only restart the cycle. Around the same time Facebook indefinitely banned Trump, Twitteraxed his account permanently. It didn’t drag out the decision or ask somebody else to decide for it. Twitter (TWTR) is no longer explaining or relitigating its Trump decision, which is where Facebook might be in a year or two. It has already taken too long.","news_type":1},"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146379597,"gmtCreate":1626055937119,"gmtModify":1703752468050,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"Whats next?","listText":"Whats next?","text":"Whats next?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/146379597","repostId":"2150530903","repostType":4,"repost":{"id":"2150530903","kind":"news","pubTimestamp":1626054984,"share":"https://ttm.financial/m/news/2150530903?lang=&edition=fundamental","pubTime":"2021-07-12 09:56","market":"us","language":"en","title":"Why the meme stock revolution will last","url":"https://stock-news.laohu8.com/highlight/detail?id=2150530903","media":"Yahoo Finance","summary":"“Oh people, look around you. The signs are everywhere.”—Jackson Browne\n\nIt’s the silly season on Wal","content":"<p><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-07/bc096330-e105-11eb-bbfd-0a59a239d459\" tg-width=\"3948\" tg-height=\"2652\" referrerpolicy=\"no-referrer\"></p>\n<blockquote>\n <i>“Oh people, look around you. The signs are everywhere.”—Jackson Browne</i>\n</blockquote>\n<p>It’s the silly season on Wall Street. It’s been the case for a while now, and may continue to be for some time.</p>\n<p>The economy and markets are awash in money; from stimulus checks, Federal Reserve policy moves and rising wages, all of which are boosting stock prices to record highs.</p>\n<p>Interest rates are at record lows which is creating, among other things, massive demand for high-yielding junk bonds, sending their yields below the rate of inflation rate for the first time ever. (Low rates are also contributing to the run-up in stocks, as stocks are now the only investment providing any kind of return.)</p>\n<p>Meanwhile bankers and CEOs are flooding financial markets with initial public offerings, (Krispy Kreme, an ill-fated IPO from 20 years ago — which I got wrong — has gone public again) as well as their shadowy cousins, SPACs (special purpose acquisition companies.)</p>\n<p>Betting against all this froth has proven to be a fool’s errand so far, giving proof yet again to the Wall Street adage: “The market can remain irrational longer than you can remain solvent.” (An old favorite of mine, whose origin is probably Gary Shilling, not Keynes fyi.)</p>\n<p>Underlying all this are several factors; for <a href=\"https://laohu8.com/S/AONE\">one</a>, an uneven yet mostly strong recovery from COVID-19 (at least in the U.S.), as well as the aforementioned (and some say increasingly unnecessary and potentially counterproductive) assistance from the government. Net net though, this is just another cycle, same as coming out of the fourth wave of the Spanish Flu in 1920.</p>\n<p>And yet there are at least two factors that are potentially different this time around; cryptocurrency and the meme stock phenomenon. I won’t dwell on crypto — and all of its potential and foibles — here, but will focus instead on meme stocks and more broadly, the so-called retail investor revolution.</p>\n<p>Before I delve into that though, let me acknowledge that in suggesting something that is unique or new when it comes to the financial markets, triggers another Wall Street aphorism. To wit: “Beware when someone says ‘this time it’s different.’” Meaning, a new business model or trading scheme isn’t really new at its core and the old rules still apply, especially the <a href=\"https://laohu8.com/S/AONE.U\">one</a> that says bubbles always burst.</p>\n<p>The problem though is that sometimes things really are different. Crypto — rat poison though it may be —certainly is, (we’ll find out how sustainably so in our dotage.) As for the retail investor revolution, I’m less certain, but if you consider that the driving force behind it is really technology, then that would seem to be different, and to a degree permanent, which is the crux of what I’d like to explore.</p>\n<p>First, let’s define terms. When I’m talking about meme stocks,* I’m of course speaking of GameStop (GME), AMC (AMC), Blackberry (BB) and a few dozen other usually heretofore off-beat stocks that get talked up online, most prominently at Reddit’s wallstreetbets forum by an army of 10.6 million \"degenerates.\" These investors share tips, ideas and conspiracy theories and buy and sell stocks and options, sometimes trading these securities \"to the moon\" (to use the lexicon). Unless you’ve been in hiding for the past year, you probably know how crazy this all is, with GameStop, $GME, the meme stock poster child, going from $3 to $300 and now back to $190, over the past year.</p>\n<p><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-07/a377b3b0-da72-11eb-aebf-d2bea4a30dac\" tg-width=\"4712\" tg-height=\"3154\" referrerpolicy=\"no-referrer\">SAN FRANCISCO, CALIFORNIA - MARCH 10: A pedestrian walks by a GameStop store on March 10, 2021 in San Francisco, California. Trading of GameStop shares was halted several times on Wednesday due to volatility after the stock surged to a record high of $348.50 per share before falling to below $200 per share. The stock closed at $265 per share. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images</p>\n<p>Who are these people and what are they thinking?</p>\n<p>“A lot of these people who go in there openly say I’m not F-ing selling even if it goes to zero,” says Jaime Rogozinski, Reddit’s WallStreetBets founder. “It’s somebody who knowingly wants to view the market in a different way, and doesn’t care about losing money. Is this how to build slow wealth for the rest of your life? No. It’s how to buy lottery tickets and hopefully win the lottery. And if you lose, you will buy a ticket next week.”</p>\n<p>Got it?</p>\n<p>At first, say six months back, professional investors ridiculed this thinking. Some like Melvin Capital, Light Street Capital and others reportedly bet heavily against meme companies by shorting their stocks — and ended up suffering billions in losses, which in some cases was existential. All to the delight of the WSB crowd. “In general, the stupid money used to be retail but not anymore,” says veteran Wall Street institutional trader Tiger Williams, founder of Williams Trading, who says his firm now tracks and sometimes trades meme stocks and their options.</p>\n<p>Other trends have facilitated the retail revolution more broadly as well, such as fractional shares. This goes back to Warren Buffett who opted decades ago never to split the stock of Berkshire Hathaway (BRK-A, BRK-B) because he figured that not doing so would attract only like-minded investors who wanted to buy and hold Berkshire for long periods of time. A share of Berkshire A now fetches $420,249. It’s true that in 1996 Buffett created lower priced B shares so that investors with less money could buy into Berkshire. Still, Buffett’s idea of not splitting took root. After a few stock splits early on, Amazon has also eschewed the practice (a share of $AMZN goes for $3,728.) Google’s split once, (current price: $2,509). Ditto for the likes of NVR, <a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a> and Cable One.</p>\n<p>I guess you could argue this reduced speculation in these stocks, but it also had the effect of shutting out the little guy. In response, brokers like Schwab, Fidelity and upstart Robinhood (we’ll get to them in a second) started to offer fractional trades where investors could buy a slice of one of these high-priced stocks (or thousands of other, lower priced stocks too) for as little as a dollar. That’s allowed smaller investors to pour into these stocks, no doubt amping up trading and speculation which is exactly what Buffett was trying to prevent. You wonder had these companies just split their stocks when they hit $100 or so as many companies do, if fractional shares and the type of trading that it facilitates would have ever happened. Who knows.</p>\n<p>A bigger facilitator of the retail investor revolution though, has been the emergence of new fintech brokerages like Robinhood which offers commission-free trading made possible in part through a strategy it has embraced called payment for order flow or PFOF. Payment for order flow is a practice where market makers pay Robinhood for the right to execute trades (they still have to be at the best price), allowing those companies to have more insight into the portfolio moves of retail customers. Those trends are valuable information for trading, in some instances this might mean that the market maker jumps in front of customers’ trades, which is called front running.</p>\n<p><img src=\"https://static.tigerbbs.com/503dd96fb5a8c3a895eb42cdb46e7d08\" tg-width=\"5184\" tg-height=\"3456\" referrerpolicy=\"no-referrer\">FILE - In this July 30, 2013, file photo, Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler testifies on Capitol Hill in Washington. Gensler, now chair of the Securities and Exchange Commission, gave a speech Wednesday, June 9, 2021, where he once again decried “gamified” investing. Many trading apps use features that encourage customers to make trades more often. That brings in more revenue for the apps but some research also suggests it leads to lower returns for the average investor. (AP Photo/J. Scott Applewhite, File)ASSOCIATED PRESS</p>\n<p>Robinhood, as you may know, was taken to task by investors and Congress when it restricted trading in GameStop and other stocks this past January during a market flurry in order to meet collateral requirements. The company was hit with a class action lawsuit, and the Financial Industry Regulatory Authority announced that it fined Robinhood $57 million and ordered the company to pay $12.6 million in restitution, plus interest, to thousands of customers for a total settlement of $70 million.</p>\n<p>“To me, that would’ve been a complete game stopper. That’s it, no one will ever forgive Robinhood for this,” says Rogozinski of<b>&nbsp;</b>WallStreetBets. \"[But] they did forgive them. It was a temporary outage, like what happens with my Netflix. Robinhood’s customer base has been growing in numbers since then. People now know that’s the downside of free brokers and they don’t care.”</p>\n<p>Rogozinski is right, none of this has stymied Robinhood’s growth, (indeed millions of young investors and traders, 17.7 million monthly active customers to be precise now trade on Robinhood.) Nor has it prevented Robinhood from moving forward with its plan to go public soon. In the brokerage’s recently filed registration statement, we learn that 75% of the company's revenue came from PFOF via market makers, especially from Chicago-based Citadel Securities, which is run by real-estate lovin’, billionaire Ken Griffin.</p>\n<p>So where to come out on payment for order flow anyway? Good, bad or ugly?</p>\n<p>“Payment for order flow — I’m not really concerned about it,” says Rogozinski. “I used to be, when Robinhood first came out, I disliked it very much, in large part because the execution was terrible. [But] when you have people turn $50,000 into $50 million — I don’t think they’re affected or dissuaded in any way whether they got front run by a few cents.</p>\n<p>Others are less sanguine. “Because of the lack of disclosure, I’m a skeptic,” Tiger Williams says. “To be clear, Williams trading does not use any payments for order flow. We don't think it's in the best interest of our clients.”</p>\n<p>A different perspective comes from Sarah Levy, CEO of Betterment, another fintech firm, who I spoke to a few weeks ago about PFOF. “We do not practice payment for order flow, but we've not ruled it out. What's important about payment for order flow is two things. One is best execution. And the second is transparency. I think the opportunity to give customers better financial outcomes through best execution really depends on the provider. So I don't take a strong opinion either way, except that the customer has to come first. That's what's most important.”</p>\n<p><b>'A dopamine delivery device'</b></p>\n<p>Another knock on Robinhood is that it utilizes what is called gamification, meaning its app is, well, game-like, replete with scratch cards, confetti and congratulatory messages. We asked Dr. Teresa Ghilarducci, a professor of economics at The New School who testified before a Senate subcommittee in March on the risks of retail investing, if the SEC was right to be wary of gamification and payment for order flow: “Those concerns of the SEC are exactly correct,” says Ghilarducci. <b>“</b>Gamification has created a predatory effect on the innocent. I know that firsthand and anecdotally by the responses of some of my students who have abandoned all analytical sense.\"</p>\n<p>“The gamification of Robinhood in particular has distorted their ability to look critically at their behavior and the product. That’s because they’re appealing to the part of my student’s brains that play video games and not to the part of my student's brains that are critical and discerning thinkers. They have hijacked my student's hobby to make them think they're doing something analytical and wise.”</p>\n<p>And it’s true that trading on these slick apps like Robinhood, MooMoo and Public.com are fun and cool, if not self-consciously democratic, never mind growing. (In January alone, 6 million Americans downloaded a trading app.) Check out Public.com which says: “We're on the mission to make the public markets work for all people.” At the same time the app counts a wide array of bold-face names as its investors and advisors, including Will Smith, Scott Galloway, Tony Hawk and JJ Watt.</p>\n<p>“It’s the equivalent of a dopamine delivery device,” says Williams about these apps. “When trading becomes connected to a brain function, well, sure you trade all day long from your iPhone or from your computer in your basement and now back at work too.”</p>\n<p>To those who for years have called for banks and brokers to make their products more accessible to the average human, perhaps they should have been careful of what they wished for, because it has been delivered.</p>\n<p>Just how powerful are these new real investors now? It’s tricky to say because there are various ways of measuring. Williams points to this real-time measuring tool of trading volume here, which shows that the TRF (Trade Reporting Facility) category, mostly retail trading, accounts for around 45% of all activity, that’s up from 37.3% in January 2019, according to Deloitte.</p>\n<p>How much staying power do these new investors have? Again, and sorry to say, unclear. One of the dudes from “The Big Short,” Michael Burry is decidedly bearish, telling Barron’s: “I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails. We’re running out of new money available to jump on the bandwagon.”</p>\n<p>But Matt Tuttle, CEO of Tuttle Capital Management, sees something more permanent and I’m inclined to agree with him to an extent.</p>\n<p>“I think on the trading side, retail investors are a force to be reckoned with. I don’t think it’s going away,” says Tuttle, (whose firm has a new ETF named FOMO that invests in meme stocks.) “Wall Street likes to put out parallels to the late 90s and the internet bubble. There are some similarities, but a lot of really important differences. Back then brokers had all the power. They had access to information. You had to trade through them. Retail investors weren’t connected to each other.\"</p>\n<p>“Now retail guys have access to as good if not better information as the institutional investors have. They have the ability to trade at lightning speed at no commission. Most importantly these guys are connected. When going into a stock they have the same type of power a large institutional investor has. I saw the other day they got AMC to scrap a secondary offering. That’s power. What history tells us is people who have power do not give it up voluntarily, you have to force them out. And the SEC may. Short of that, these guys aren't going anywhere.”</p>\n<p>To me Tuttle’s connected point is the key though. He’s really talking about a network. Meaning the retail revolution is really driven by a technology enabled network, which is empowering the little guy, the retail investor, to a degree at the expense of the big guy, i.e., the institutional investor.</p>\n<p>And that is new.</p>\n<p>It’s a shift that mirrors the consumerization of technology. Meaning that the first wave of technology was the <a href=\"https://laohu8.com/S/IBM\">IBM</a> mainframe managed by a handful of specialists who held sway over vast swaths of information technology. Flash forward to today where with the advent of the iPhone and software like search and apps, (which I wrote about last month in this piece about inflation) and the power dynamic has shifted from an opaque, closed system controlled by an elite to more of a transparent market where the crowd rules.</p>\n<p>Now that is a gross oversimplification, but directionally I stand by it. Also, I’m not judging whether this is good or bad, and to be sure, there will be pain and woe (and triumph) as this plays out, but my point is the retail revolution, such as it is, has staying power.</p>\n<p>And so look for the silliness, in some form, to continue until further notice.</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>Why the meme stock revolution will last</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 the meme stock revolution will last\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 09:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-the-meme-stock-revolution-will-last-093624458.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>“Oh people, look around you. The signs are everywhere.”—Jackson Browne\n\nIt’s the silly season on Wall Street. It’s been the case for a while now, and may continue to be for some time.\nThe economy and ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-the-meme-stock-revolution-will-last-093624458.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3c387ec1db17046e3ed50969d4e06739","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://finance.yahoo.com/news/why-the-meme-stock-revolution-will-last-093624458.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2150530903","content_text":"“Oh people, look around you. The signs are everywhere.”—Jackson Browne\n\nIt’s the silly season on Wall Street. It’s been the case for a while now, and may continue to be for some time.\nThe economy and markets are awash in money; from stimulus checks, Federal Reserve policy moves and rising wages, all of which are boosting stock prices to record highs.\nInterest rates are at record lows which is creating, among other things, massive demand for high-yielding junk bonds, sending their yields below the rate of inflation rate for the first time ever. (Low rates are also contributing to the run-up in stocks, as stocks are now the only investment providing any kind of return.)\nMeanwhile bankers and CEOs are flooding financial markets with initial public offerings, (Krispy Kreme, an ill-fated IPO from 20 years ago — which I got wrong — has gone public again) as well as their shadowy cousins, SPACs (special purpose acquisition companies.)\nBetting against all this froth has proven to be a fool’s errand so far, giving proof yet again to the Wall Street adage: “The market can remain irrational longer than you can remain solvent.” (An old favorite of mine, whose origin is probably Gary Shilling, not Keynes fyi.)\nUnderlying all this are several factors; for one, an uneven yet mostly strong recovery from COVID-19 (at least in the U.S.), as well as the aforementioned (and some say increasingly unnecessary and potentially counterproductive) assistance from the government. Net net though, this is just another cycle, same as coming out of the fourth wave of the Spanish Flu in 1920.\nAnd yet there are at least two factors that are potentially different this time around; cryptocurrency and the meme stock phenomenon. I won’t dwell on crypto — and all of its potential and foibles — here, but will focus instead on meme stocks and more broadly, the so-called retail investor revolution.\nBefore I delve into that though, let me acknowledge that in suggesting something that is unique or new when it comes to the financial markets, triggers another Wall Street aphorism. To wit: “Beware when someone says ‘this time it’s different.’” Meaning, a new business model or trading scheme isn’t really new at its core and the old rules still apply, especially the one that says bubbles always burst.\nThe problem though is that sometimes things really are different. Crypto — rat poison though it may be —certainly is, (we’ll find out how sustainably so in our dotage.) As for the retail investor revolution, I’m less certain, but if you consider that the driving force behind it is really technology, then that would seem to be different, and to a degree permanent, which is the crux of what I’d like to explore.\nFirst, let’s define terms. When I’m talking about meme stocks,* I’m of course speaking of GameStop (GME), AMC (AMC), Blackberry (BB) and a few dozen other usually heretofore off-beat stocks that get talked up online, most prominently at Reddit’s wallstreetbets forum by an army of 10.6 million \"degenerates.\" These investors share tips, ideas and conspiracy theories and buy and sell stocks and options, sometimes trading these securities \"to the moon\" (to use the lexicon). Unless you’ve been in hiding for the past year, you probably know how crazy this all is, with GameStop, $GME, the meme stock poster child, going from $3 to $300 and now back to $190, over the past year.\nSAN FRANCISCO, CALIFORNIA - MARCH 10: A pedestrian walks by a GameStop store on March 10, 2021 in San Francisco, California. Trading of GameStop shares was halted several times on Wednesday due to volatility after the stock surged to a record high of $348.50 per share before falling to below $200 per share. The stock closed at $265 per share. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images\nWho are these people and what are they thinking?\n“A lot of these people who go in there openly say I’m not F-ing selling even if it goes to zero,” says Jaime Rogozinski, Reddit’s WallStreetBets founder. “It’s somebody who knowingly wants to view the market in a different way, and doesn’t care about losing money. Is this how to build slow wealth for the rest of your life? No. It’s how to buy lottery tickets and hopefully win the lottery. And if you lose, you will buy a ticket next week.”\nGot it?\nAt first, say six months back, professional investors ridiculed this thinking. Some like Melvin Capital, Light Street Capital and others reportedly bet heavily against meme companies by shorting their stocks — and ended up suffering billions in losses, which in some cases was existential. All to the delight of the WSB crowd. “In general, the stupid money used to be retail but not anymore,” says veteran Wall Street institutional trader Tiger Williams, founder of Williams Trading, who says his firm now tracks and sometimes trades meme stocks and their options.\nOther trends have facilitated the retail revolution more broadly as well, such as fractional shares. This goes back to Warren Buffett who opted decades ago never to split the stock of Berkshire Hathaway (BRK-A, BRK-B) because he figured that not doing so would attract only like-minded investors who wanted to buy and hold Berkshire for long periods of time. A share of Berkshire A now fetches $420,249. It’s true that in 1996 Buffett created lower priced B shares so that investors with less money could buy into Berkshire. Still, Buffett’s idea of not splitting took root. After a few stock splits early on, Amazon has also eschewed the practice (a share of $AMZN goes for $3,728.) Google’s split once, (current price: $2,509). Ditto for the likes of NVR, Booking Holdings and Cable One.\nI guess you could argue this reduced speculation in these stocks, but it also had the effect of shutting out the little guy. In response, brokers like Schwab, Fidelity and upstart Robinhood (we’ll get to them in a second) started to offer fractional trades where investors could buy a slice of one of these high-priced stocks (or thousands of other, lower priced stocks too) for as little as a dollar. That’s allowed smaller investors to pour into these stocks, no doubt amping up trading and speculation which is exactly what Buffett was trying to prevent. You wonder had these companies just split their stocks when they hit $100 or so as many companies do, if fractional shares and the type of trading that it facilitates would have ever happened. Who knows.\nA bigger facilitator of the retail investor revolution though, has been the emergence of new fintech brokerages like Robinhood which offers commission-free trading made possible in part through a strategy it has embraced called payment for order flow or PFOF. Payment for order flow is a practice where market makers pay Robinhood for the right to execute trades (they still have to be at the best price), allowing those companies to have more insight into the portfolio moves of retail customers. Those trends are valuable information for trading, in some instances this might mean that the market maker jumps in front of customers’ trades, which is called front running.\nFILE - In this July 30, 2013, file photo, Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler testifies on Capitol Hill in Washington. Gensler, now chair of the Securities and Exchange Commission, gave a speech Wednesday, June 9, 2021, where he once again decried “gamified” investing. Many trading apps use features that encourage customers to make trades more often. That brings in more revenue for the apps but some research also suggests it leads to lower returns for the average investor. (AP Photo/J. Scott Applewhite, File)ASSOCIATED PRESS\nRobinhood, as you may know, was taken to task by investors and Congress when it restricted trading in GameStop and other stocks this past January during a market flurry in order to meet collateral requirements. The company was hit with a class action lawsuit, and the Financial Industry Regulatory Authority announced that it fined Robinhood $57 million and ordered the company to pay $12.6 million in restitution, plus interest, to thousands of customers for a total settlement of $70 million.\n“To me, that would’ve been a complete game stopper. That’s it, no one will ever forgive Robinhood for this,” says Rogozinski of WallStreetBets. \"[But] they did forgive them. It was a temporary outage, like what happens with my Netflix. Robinhood’s customer base has been growing in numbers since then. People now know that’s the downside of free brokers and they don’t care.”\nRogozinski is right, none of this has stymied Robinhood’s growth, (indeed millions of young investors and traders, 17.7 million monthly active customers to be precise now trade on Robinhood.) Nor has it prevented Robinhood from moving forward with its plan to go public soon. In the brokerage’s recently filed registration statement, we learn that 75% of the company's revenue came from PFOF via market makers, especially from Chicago-based Citadel Securities, which is run by real-estate lovin’, billionaire Ken Griffin.\nSo where to come out on payment for order flow anyway? Good, bad or ugly?\n“Payment for order flow — I’m not really concerned about it,” says Rogozinski. “I used to be, when Robinhood first came out, I disliked it very much, in large part because the execution was terrible. [But] when you have people turn $50,000 into $50 million — I don’t think they’re affected or dissuaded in any way whether they got front run by a few cents.\nOthers are less sanguine. “Because of the lack of disclosure, I’m a skeptic,” Tiger Williams says. “To be clear, Williams trading does not use any payments for order flow. We don't think it's in the best interest of our clients.”\nA different perspective comes from Sarah Levy, CEO of Betterment, another fintech firm, who I spoke to a few weeks ago about PFOF. “We do not practice payment for order flow, but we've not ruled it out. What's important about payment for order flow is two things. One is best execution. And the second is transparency. I think the opportunity to give customers better financial outcomes through best execution really depends on the provider. So I don't take a strong opinion either way, except that the customer has to come first. That's what's most important.”\n'A dopamine delivery device'\nAnother knock on Robinhood is that it utilizes what is called gamification, meaning its app is, well, game-like, replete with scratch cards, confetti and congratulatory messages. We asked Dr. Teresa Ghilarducci, a professor of economics at The New School who testified before a Senate subcommittee in March on the risks of retail investing, if the SEC was right to be wary of gamification and payment for order flow: “Those concerns of the SEC are exactly correct,” says Ghilarducci. “Gamification has created a predatory effect on the innocent. I know that firsthand and anecdotally by the responses of some of my students who have abandoned all analytical sense.\"\n“The gamification of Robinhood in particular has distorted their ability to look critically at their behavior and the product. That’s because they’re appealing to the part of my student’s brains that play video games and not to the part of my student's brains that are critical and discerning thinkers. They have hijacked my student's hobby to make them think they're doing something analytical and wise.”\nAnd it’s true that trading on these slick apps like Robinhood, MooMoo and Public.com are fun and cool, if not self-consciously democratic, never mind growing. (In January alone, 6 million Americans downloaded a trading app.) Check out Public.com which says: “We're on the mission to make the public markets work for all people.” At the same time the app counts a wide array of bold-face names as its investors and advisors, including Will Smith, Scott Galloway, Tony Hawk and JJ Watt.\n“It’s the equivalent of a dopamine delivery device,” says Williams about these apps. “When trading becomes connected to a brain function, well, sure you trade all day long from your iPhone or from your computer in your basement and now back at work too.”\nTo those who for years have called for banks and brokers to make their products more accessible to the average human, perhaps they should have been careful of what they wished for, because it has been delivered.\nJust how powerful are these new real investors now? It’s tricky to say because there are various ways of measuring. Williams points to this real-time measuring tool of trading volume here, which shows that the TRF (Trade Reporting Facility) category, mostly retail trading, accounts for around 45% of all activity, that’s up from 37.3% in January 2019, according to Deloitte.\nHow much staying power do these new investors have? Again, and sorry to say, unclear. One of the dudes from “The Big Short,” Michael Burry is decidedly bearish, telling Barron’s: “I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails. We’re running out of new money available to jump on the bandwagon.”\nBut Matt Tuttle, CEO of Tuttle Capital Management, sees something more permanent and I’m inclined to agree with him to an extent.\n“I think on the trading side, retail investors are a force to be reckoned with. I don’t think it’s going away,” says Tuttle, (whose firm has a new ETF named FOMO that invests in meme stocks.) “Wall Street likes to put out parallels to the late 90s and the internet bubble. There are some similarities, but a lot of really important differences. Back then brokers had all the power. They had access to information. You had to trade through them. Retail investors weren’t connected to each other.\"\n“Now retail guys have access to as good if not better information as the institutional investors have. They have the ability to trade at lightning speed at no commission. Most importantly these guys are connected. When going into a stock they have the same type of power a large institutional investor has. I saw the other day they got AMC to scrap a secondary offering. That’s power. What history tells us is people who have power do not give it up voluntarily, you have to force them out. And the SEC may. Short of that, these guys aren't going anywhere.”\nTo me Tuttle’s connected point is the key though. He’s really talking about a network. Meaning the retail revolution is really driven by a technology enabled network, which is empowering the little guy, the retail investor, to a degree at the expense of the big guy, i.e., the institutional investor.\nAnd that is new.\nIt’s a shift that mirrors the consumerization of technology. Meaning that the first wave of technology was the IBM mainframe managed by a handful of specialists who held sway over vast swaths of information technology. Flash forward to today where with the advent of the iPhone and software like search and apps, (which I wrote about last month in this piece about inflation) and the power dynamic has shifted from an opaque, closed system controlled by an elite to more of a transparent market where the crowd rules.\nNow that is a gross oversimplification, but directionally I stand by it. Also, I’m not judging whether this is good or bad, and to be sure, there will be pain and woe (and triumph) as this plays out, but my point is the retail revolution, such as it is, has staying power.\nAnd so look for the silliness, in some form, to continue until further notice.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148768479,"gmtCreate":1626018694991,"gmtModify":1703751999627,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"Oh shucks doesnt that mean i need to buy new ones??","listText":"Oh shucks doesnt that mean i need to buy new ones??","text":"Oh shucks doesnt that mean i need to buy new ones??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/148768479","repostId":"1166379040","repostType":4,"repost":{"id":"1166379040","kind":"news","pubTimestamp":1625968800,"share":"https://ttm.financial/m/news/1166379040?lang=&edition=fundamental","pubTime":"2021-07-11 10:00","market":"us","language":"en","title":"Apple AirPod batteries are almost impossible to replace, showing the need for right-to-repair reform","url":"https://stock-news.laohu8.com/highlight/detail?id=1166379040","media":"CNBC","summary":"KEY POINTS\n\nOwners have noticed that Apple AirPods eventually will last only an hour or so before ne","content":"<div>\n<p>KEY POINTS\n\nOwners have noticed that Apple AirPods eventually will last only an hour or so before needing to be recharged, compared to their four-to-five-hour battery life out of the box.\nBut it’s ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/10/apple-airpod-battery-life-problem-shows-need-for-right-to-repair-laws.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>Apple AirPod batteries are almost impossible to replace, showing the need for right-to-repair reform</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple AirPod batteries are almost impossible to replace, showing the need for right-to-repair reform\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-11 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/10/apple-airpod-battery-life-problem-shows-need-for-right-to-repair-laws.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nOwners have noticed that Apple AirPods eventually will last only an hour or so before needing to be recharged, compared to their four-to-five-hour battery life out of the box.\nBut it’s ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/10/apple-airpod-battery-life-problem-shows-need-for-right-to-repair-laws.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/07/10/apple-airpod-battery-life-problem-shows-need-for-right-to-repair-laws.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1166379040","content_text":"KEY POINTS\n\nOwners have noticed that Apple AirPods eventually will last only an hour or so before needing to be recharged, compared to their four-to-five-hour battery life out of the box.\nBut it’s almost impossible to replace the battery at home because AirPods are tiny, packed with components, and hard to take apart.\nA new startup called PodSwap is aiming to make it easier to repair AirPods and keep them out of landfills or recycling plants, but its challenges show the need for right-to-repair laws.\n\nWhen AirPods were first released in 2016, they were a marvel of miniaturization.\nTo ditch cords and go wireless,Apple packed several chips, microphones and speakers into each headphone, which weigh about 4 grams. Without a cord, the earbud gets its power from a tiny cylindrical battery that has about 1% of the capacity of an iPhone’s battery.\nBut lithium-ion batteries, like those used by the AirPods, wear out the more they are used.\nSome owners have noticed that, after a few years, used AirPods eventually will last only an hour or so before needing to be recharged -- a big decay from the four-to-five-hour battery life they have when new. Because each AirPod is so small and so tightly packed into its housing, it’s almost impossible to swap out the old battery for a new one. Most people give up and just buy a new pair.\nThe limited lifespan of AirPods is exactly the kind of problem that the “right-to-repair” movement wants to fix. Repair shops and lobbyists that support repair reform want lawmakers to implement a variety of rules, including increased access to manuals and official parts and consumer protections around warranties.\nBut one of their most important requests is for companies to design products with repair in mind, instead of packing gadgets with unlabeled parts and sticking them together with glue, forcing users to use a knife to take them apart.\nThis desire puts repair advocates at odds with hardware companies like Apple, whose business models depend on customers upgrading to the latest model every few years. When Apple offered cheap iPhone battery repairs a few years ago, it hurt sales as consumers were able to hang on to their old phones for longer instead of upgrading. Apple also charges customers for repairs and extended warranties.\n“We design our products for durability in order to minimize the need for repair,” Apple wrote in an environmental report earlier this year. “But in the instance a repair is needed, we believe our customers should have convenient access to safe and reliable repair services, to get their product back up and running as quickly as possible.”\nThe right-to-repair movement gains steam\nPolicymakers have started to engage more closely with right-to-repair advocates in recent years. State-level bills have been introduced in a majority of states, but electronics companies have lobbied against them and none have passed.\nIn May, the Federal Trade Commission released a 56-page report on repair restrictions, concluding that repair restrictions have “steered consumers into manufacturers’ repair networks or to replace products before the end of their useful lives” — exactly the problem users are running into with their AirPods.\nThe Biden administration on Friday ordered the FTC to write new regulations targeted at limiting manufacturers’ ability to hamper independent or do-it-yourself repairs as part of a sweeping executive order. New repair rules have not yet been drafted.\n“Tech and other companies impose restrictions on self and third-party repairs, making repairs more costly and time-consuming, such as by restricting the distribution of parts, diagnostics, and repair tools,” the White House wrote in a fact sheet about the order on Friday, linking to a story about fixing Apple products. Apple declined to comment on the White House executive order.\nThe FTC has not said what it plans to do, but repair advocates want a few key policy changes, as detailed in its May report. They want companies to be required to make official replacement parts available. They want access to tools that could make repairs easier without reverse-engineering the tools or parts themselves. And ultimately, they want products to be designed with longer lifespans.\nApple is not the only company that would be affected by these policies. Much of the recent pressure is on medical device companies and tractor manufacturers. But given Apple’s ubiquity, it has become a poster child for repair, especially because it promotes its environmental efforts as a corporate value.\nApple has launched a program it calls the “Independent Repair Program” which gives repair shops the option to enter into a certification process and contract with Apple in order to get access to authentic Apple parts, tools and manuals.\nApple has also reduced the price of its battery replacement for iPhones, and recent models have been designed to make it easier to replace a battery or cracked screen, according to iFixit. Plus, compared to other consumer electronics companies, Apple has a large existing network of stores and authorized repair shops.\nStill, many Apple products remain challenging to repair at home or as a business with no contact with Apple.\nThe only AirPods battery replacement company\niFixit, a company that provides disassembly instructions and sells replacement parts for gadgets, gives AirPods models a score of zero out of 10 for repairability. According to iFixit, repairing these earbuds involves soldering, hot air guns and slicing through glue — that is, if replacement battery parts are even available. In the end, a would-be home repairer would have to put the four-gram computer back together again.\nApple provides “battery service” for AirPods, at the cost of $49 per earbud. But functionally, Apple simply gives you a replacement pair, and the old earbuds are recycled. It’s not a repair, it’s a replacement. And it’s expensive. AirPods originally cost $159, so opting for battery service costs more than half of the price of a new pair.\nApple sold about 72.8 million AirPods units in 2020, according to a CounterPoint research estimate, so tens of millions of consumers will face the same lack of choice in the coming years.\nPodSwap is a Miami company founded by Emma Stritzinger and Emily Alpert which aims to keep AirPods “out of the landfill.” They’re not associated with Apple.\nThey believe they’re the only company performing AirPod battery replacements, although other companies “refurbish” old AirPods, the founders told CNBC. The company was formed after the founders experienced dying AirPods themselves and thought that upgrading or replacing them would be wasteful and impractical.\nI recently replaced a pair of AirPods that were only holding a charge for 45 minutes -- too short to complete a phone call. I paid $59 on PodSwap’s Shopify site and a few days later received a replacement pair of AirPods with new batteries. They weren’t my old AirPods, they were another set that had their batteries replaced.\nAlong with those new pods, PodSwap includes a box and a return label. It wants your old AirPods back. It then cleans and sanitizes the old pair, puts in new batteries and sends them out to the next person who wants to change the battery in their old AirPods.\nBut PodSwap faces many challenges that show why repair advocates want new rules. Alpert said the design of the AirPod makes it challenging for repair shops or companies like theirs to do a lot of battery replacements. PodSwap’s process uses both robotics and manual labor, the founders said.\n“The process was developed through trial and error and a large number of units were ‘sacrificed’ and ultimately recycled. One major challenge we faced was overcoming the uniqueness of this product. Each AirPod is assembled with slight differences, which creates complexity in the disassembly,” Alpert said.\nPodSwap plans to soon offer service for the AirPods Pro, a newer model that costs $249 and are, surprisingly, powered by a standard-sized coin battery.\nBut the AirPods Pro have many of the same problems as the first model — tight tolerances, potential damage while taking them apart, a lack of replacement parts, and a design that suggests the product was always designed to last a limited time.\n“We have found the AirPods Pro’s batteries to be more difficult to replace,” Alpert said. “The ergonomic design and tight unforgiving tolerances make it exceptionally challenging to replace the batteries repeatedly, with a high degree of efficiency.”\nPodSwap wasn’t totally seamless for me — I got sent a combination of “first generation” and “second generation” AirPods. They caused my iPhone to send error messages, but I sent an email to PodSwap and a day or two later I got a second replacement set, which worked.\nAfter that, I sent my first replacement set and my old AirPods back. The AirPods I received look and work like new.\nI plan on trying to get another four years out of them.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151408960,"gmtCreate":1625100867150,"gmtModify":1703736093559,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"Go go go!!","listText":"Go go go!!","text":"Go go go!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151408960","repostId":"2148177548","repostType":4,"repost":{"id":"2148177548","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1625099760,"share":"https://ttm.financial/m/news/2148177548?lang=&edition=fundamental","pubTime":"2021-07-01 08:36","market":"us","language":"en","title":"Nio Stock Rides Meme Rally Ahead Of Q2 Sales Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2148177548","media":"Investors","summary":"Nio, Xpeng Motors and Li Auto will report June and Q2 deliveries amid the global chip shortage.","content":"<p><b>Nio</b> and <b>Xpeng Motors</b> gear up to report June and Q2 deliveries amid the global chip shortage, as the Chinese EV startups stiffen their challenge to <b>Tesla</b> with new EV launches and initiatives. Nio stock rose amid meme-renewed stock traction.</p>\n<p>Sales of Nio's premium electric SUVs nearly doubled in May on a year-over-year basis, after more than doubling in April. The emerging Tesla rival in China will have to deliver 7,187 electric SUVs in June to meet the low end of its target to deliver 21,000-22,000 EVs in the second quarter.</p>\n<p>Year over year, Xpeng Motors' deliveries of its G3 electric SUV and P7 electric sedan jumped 285% in April and soared 483% in May. It hasn't given a Q2 delivery target.</p>\n<p>Investors will also watch if Nio returns to month-over-month growth, after May sales fell vs. April. Tesla also slowed sharply in China last month vs. April.</p>\n<p>Unlike Nio and Tesla, Xpeng grew May sales both year over year and month over month. It cites strong demand for electric vehicles, which boast features such as automatic lane changing.</p>\n<p><b>Li Auto</b> also will report June and Q2 sales.</p>\n<h2>New EVs Will Follow Key Moves This Week</h2>\n<p>On Wednesday, Nio stock was the most mentioned stock in r/WallStreetBets discussions on Reddit. Shares soared earlier this year on similar online buzz.</p>\n<p>Meanwhile, both Nio and Xpeng are bringing new and more affordable EVs to market, hoping to shake Tesla's dominance in China. They're also accelerating on other fronts.</p>\n<p>On July 9, Nio will hold a Nio Power Day event. It announced the event, focused on EV batteries and charging, earlier this week. And on Wednesday, U.S.-listed Xpeng said that a dual Hong Kong listing raised the equivalent of $1.8 billion, pricing at $42.52 per ADS. Shares are set to begin trading in Hong Kong July 7.</p>\n<p>On Wednesday, local reports said that Nio added 11 battery swap stations to its charging network in China, taking the total on its network to 300. Nio sharply accelerated the pace of additions this week as it targets 500 battery swap stations in China by the end of 2021.</p>\n<p>Also on Wednesday, reports said that Nio added more than 110 robots to its factory as a key new EV looms.</p>\n<h2>Nio Stock, Xpeng Motors Stock</h2>\n<p>Shares of Nio popped nearly 5% to 52.82 on the stock market today and are up roughly 17% so far this week on the Power Day news. Despite the recent rally, Nio stock remains 23% below its 52-week high. Xpeng stock lost 1.9% to 43.49, Li Auto added 1.8%, and Tesla picked up 1.2%.</p>\n<p>Xpeng's new electric sedan, the P5, arriving by year end, will be the world's first EV with lidar technology, enabling highly autonomous driving capabilities, the company says. It's also likely to be a smaller and more affordable version of the current P7 sedan.</p>\n<p>Meanwhile, Nio's fourth electric vehicle and first sedan, the ET7, arrives in Q1 2021. It's expected to cost less than Tesla's new Model S Plaid.</p>\n<p>Tesla, which dominates China's premium EV market, reports Q2 deliveries later this week. It could deliver about 200,000 vehicles, according to reports, on the back of improving China demand.</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>Nio Stock Rides Meme Rally Ahead Of Q2 Sales Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Stock Rides Meme Rally Ahead Of Q2 Sales Report\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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-07-01 08:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Nio</b> and <b>Xpeng Motors</b> gear up to report June and Q2 deliveries amid the global chip shortage, as the Chinese EV startups stiffen their challenge to <b>Tesla</b> with new EV launches and initiatives. Nio stock rose amid meme-renewed stock traction.</p>\n<p>Sales of Nio's premium electric SUVs nearly doubled in May on a year-over-year basis, after more than doubling in April. The emerging Tesla rival in China will have to deliver 7,187 electric SUVs in June to meet the low end of its target to deliver 21,000-22,000 EVs in the second quarter.</p>\n<p>Year over year, Xpeng Motors' deliveries of its G3 electric SUV and P7 electric sedan jumped 285% in April and soared 483% in May. It hasn't given a Q2 delivery target.</p>\n<p>Investors will also watch if Nio returns to month-over-month growth, after May sales fell vs. April. Tesla also slowed sharply in China last month vs. April.</p>\n<p>Unlike Nio and Tesla, Xpeng grew May sales both year over year and month over month. It cites strong demand for electric vehicles, which boast features such as automatic lane changing.</p>\n<p><b>Li Auto</b> also will report June and Q2 sales.</p>\n<h2>New EVs Will Follow Key Moves This Week</h2>\n<p>On Wednesday, Nio stock was the most mentioned stock in r/WallStreetBets discussions on Reddit. Shares soared earlier this year on similar online buzz.</p>\n<p>Meanwhile, both Nio and Xpeng are bringing new and more affordable EVs to market, hoping to shake Tesla's dominance in China. They're also accelerating on other fronts.</p>\n<p>On July 9, Nio will hold a Nio Power Day event. It announced the event, focused on EV batteries and charging, earlier this week. And on Wednesday, U.S.-listed Xpeng said that a dual Hong Kong listing raised the equivalent of $1.8 billion, pricing at $42.52 per ADS. Shares are set to begin trading in Hong Kong July 7.</p>\n<p>On Wednesday, local reports said that Nio added 11 battery swap stations to its charging network in China, taking the total on its network to 300. Nio sharply accelerated the pace of additions this week as it targets 500 battery swap stations in China by the end of 2021.</p>\n<p>Also on Wednesday, reports said that Nio added more than 110 robots to its factory as a key new EV looms.</p>\n<h2>Nio Stock, Xpeng Motors Stock</h2>\n<p>Shares of Nio popped nearly 5% to 52.82 on the stock market today and are up roughly 17% so far this week on the Power Day news. Despite the recent rally, Nio stock remains 23% below its 52-week high. Xpeng stock lost 1.9% to 43.49, Li Auto added 1.8%, and Tesla picked up 1.2%.</p>\n<p>Xpeng's new electric sedan, the P5, arriving by year end, will be the world's first EV with lidar technology, enabling highly autonomous driving capabilities, the company says. It's also likely to be a smaller and more affordable version of the current P7 sedan.</p>\n<p>Meanwhile, Nio's fourth electric vehicle and first sedan, the ET7, arrives in Q1 2021. It's expected to cost less than Tesla's new Model S Plaid.</p>\n<p>Tesla, which dominates China's premium EV market, reports Q2 deliveries later this week. It could deliver about 200,000 vehicles, according to reports, on the back of improving China demand.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148177548","content_text":"Nio and Xpeng Motors gear up to report June and Q2 deliveries amid the global chip shortage, as the Chinese EV startups stiffen their challenge to Tesla with new EV launches and initiatives. Nio stock rose amid meme-renewed stock traction.\nSales of Nio's premium electric SUVs nearly doubled in May on a year-over-year basis, after more than doubling in April. The emerging Tesla rival in China will have to deliver 7,187 electric SUVs in June to meet the low end of its target to deliver 21,000-22,000 EVs in the second quarter.\nYear over year, Xpeng Motors' deliveries of its G3 electric SUV and P7 electric sedan jumped 285% in April and soared 483% in May. It hasn't given a Q2 delivery target.\nInvestors will also watch if Nio returns to month-over-month growth, after May sales fell vs. April. Tesla also slowed sharply in China last month vs. April.\nUnlike Nio and Tesla, Xpeng grew May sales both year over year and month over month. It cites strong demand for electric vehicles, which boast features such as automatic lane changing.\nLi Auto also will report June and Q2 sales.\nNew EVs Will Follow Key Moves This Week\nOn Wednesday, Nio stock was the most mentioned stock in r/WallStreetBets discussions on Reddit. Shares soared earlier this year on similar online buzz.\nMeanwhile, both Nio and Xpeng are bringing new and more affordable EVs to market, hoping to shake Tesla's dominance in China. They're also accelerating on other fronts.\nOn July 9, Nio will hold a Nio Power Day event. It announced the event, focused on EV batteries and charging, earlier this week. And on Wednesday, U.S.-listed Xpeng said that a dual Hong Kong listing raised the equivalent of $1.8 billion, pricing at $42.52 per ADS. Shares are set to begin trading in Hong Kong July 7.\nOn Wednesday, local reports said that Nio added 11 battery swap stations to its charging network in China, taking the total on its network to 300. Nio sharply accelerated the pace of additions this week as it targets 500 battery swap stations in China by the end of 2021.\nAlso on Wednesday, reports said that Nio added more than 110 robots to its factory as a key new EV looms.\nNio Stock, Xpeng Motors Stock\nShares of Nio popped nearly 5% to 52.82 on the stock market today and are up roughly 17% so far this week on the Power Day news. Despite the recent rally, Nio stock remains 23% below its 52-week high. Xpeng stock lost 1.9% to 43.49, Li Auto added 1.8%, and Tesla picked up 1.2%.\nXpeng's new electric sedan, the P5, arriving by year end, will be the world's first EV with lidar technology, enabling highly autonomous driving capabilities, the company says. It's also likely to be a smaller and more affordable version of the current P7 sedan.\nMeanwhile, Nio's fourth electric vehicle and first sedan, the ET7, arrives in Q1 2021. It's expected to cost less than Tesla's new Model S Plaid.\nTesla, which dominates China's premium EV market, reports Q2 deliveries later this week. It could deliver about 200,000 vehicles, according to reports, on the back of improving China demand.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159762077,"gmtCreate":1624980676699,"gmtModify":1703849486857,"author":{"id":"3581581482227808","authorId":"3581581482227808","name":"Ahwinwin","avatar":"https://static.tigerbbs.com/3c07e1f8dddb5aaa5c34d12a8c916a54","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581581482227808","authorIdStr":"3581581482227808"},"themes":[],"htmlText":"Oh shitzzz","listText":"Oh shitzzz","text":"Oh shitzzz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/159762077","repostId":"1180006824","repostType":4,"repost":{"id":"1180006824","kind":"news","pubTimestamp":1624979545,"share":"https://ttm.financial/m/news/1180006824?lang=&edition=fundamental","pubTime":"2021-06-29 23:12","market":"us","language":"en","title":"Here’s what inflation’s spike means for stocks now","url":"https://stock-news.laohu8.com/highlight/detail?id=1180006824","media":"MarketWatch","summary":"Expectations about inflation’s short-term impact on growth- and value stocks have no historical basi","content":"<p>Expectations about inflation’s short-term impact on growth- and value stocks have no historical basis</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a11ddc0063c90ff3e9f3bfe11e8ad739\" tg-width=\"1260\" tg-height=\"850\"><span>AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p>\n<p>Don’t look to the latest inflation figures to help you time the U.S. stock market’s near-term ups and downs.</p>\n<p>That’s worth keeping in mind because, based on recent experience, you’d be excused for thinking that inflation plays a powerful role in the stock market’s shorter-term gyrations. During the inflation scare between mid-April and mid-May, for example, value stocks outperformed growth stocks — just as conventional wisdom would expect. Since mid-May, inflation worries have receded and value stocks have lagged.</p>\n<p>It doesn’t always work out this neatly. In fact, I could find no noteworthy historical relationship between inflation’s short-term trend and the performance of either the stock market as a whole or the relative performance of value- and growth stocks.</p>\n<p>To search for such correlations, I started by analyzing monthly inflation, interest rates and stock market data from Yale University finance professor Robert Shiller going back to 1871. I calculated the correlation coefficients between inflation and the S&amp;P 500&nbsp;over different short-term periods extending from the trailing one month to trailing 12 months.</p>\n<p>I largely came up empty. Consider the extent to which changes in the CPI explain or predict simultaneous changes in the S&amp;P 500 (as measured by a statistic known as r-squared). Regardless of the time horizon between one- and 12 months, the CPI (or its predecessor) since 1871 has been able to predict no more than 4% of the S&amp;P 500’s gyrations. (Note carefully that, when measuring these correlations, I focused on the S&amp;P 500’s inflation-adjusted total return so as not to bias my calculations.)</p>\n<p>One of the reasons for the absence of a strong correlation is that the stock market has a love-hate relationship with inflation. When investors are more worried about economic weakness, or even deflation, higher inflation is sometimes seen as a good thing. At other times inflation and stocks are inversely correlated.</p>\n<p>This fluctuating correlation is illustrated in the chart below, which tracks the correlation coefficient between the CPI and the S&amp;P 500’s inflation-adjusted total return over the trailing 12 months. Notice the absence of any consistent relationship.</p>\n<p><img src=\"https://static.tigerbbs.com/12ac0cc9ed7a8d766f3308cbf6daeaf5\" tg-width=\"1260\" tg-height=\"882\"></p>\n<p>As a double-check on this surprising conclusion, I reran my analysis focusing on interest rates rather than the CPI. That’s revealing because interest rates reflect not only recent changes in inflation but also expected future inflation. The correlations between short-term movements in interest rates and the stock market were even weaker than when I focused on inflation.</p>\n<p><b>Value vs. growth when inflation and interest rates rise</b></p>\n<p>What about value’s performance relative to growth? Surely it historically has followed the same pattern we’ve seen over the past couple of months?</p>\n<p>Not so. To reach that counterintuitive conclusion, I analyzed the monthly returns of U.S. value and growth stocks since 1926, courtesy of data from Dartmouth College finance professor Ken French. (Specifically, the value stock portfolio contained the 30% of the U.S. market with the lowest book/market ratios, while the growth stock portfolio contained the 30% with the highest such ratios.) When focusing on all trailing time periods from one- to 12 months, I found no statistically significant correlation between inflation and the relative performance of value and growth stocks.</p>\n<p>Even more surprising is what emerged when focusing on the relationship between interest rates and value’s performance relative to growth: I found an inverse correlation. That is just the opposite of what we saw over the past couple of months, and the opposite of what conventional wisdom teaches us about how value stocks should perform in a rising interest rate environment.</p>\n<p>My analysis doesn’t suggest that investors should now do the opposite, betting on value when previously they bet on growth, or vice versa. The point of this analysis is that there’s an unsteady and often insignificant historical relationship between inflation and interest rates, on the one hand, and the stock market and value’s performance relative to growth, on the other.</p>\n<p>Short-term stock-market timers need to look elsewhere for stronger clues as to where the market is headed.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here’s what inflation’s spike means for stocks now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere’s what inflation’s spike means for stocks now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 23:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/heres-what-inflations-spike-means-for-stocks-now-11624928059?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Expectations about inflation’s short-term impact on growth- and value stocks have no historical basis\nAGENCE FRANCE-PRESSE/GETTY IMAGES\nDon’t look to the latest inflation figures to help you time the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/heres-what-inflations-spike-means-for-stocks-now-11624928059?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/heres-what-inflations-spike-means-for-stocks-now-11624928059?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180006824","content_text":"Expectations about inflation’s short-term impact on growth- and value stocks have no historical basis\nAGENCE FRANCE-PRESSE/GETTY IMAGES\nDon’t look to the latest inflation figures to help you time the U.S. stock market’s near-term ups and downs.\nThat’s worth keeping in mind because, based on recent experience, you’d be excused for thinking that inflation plays a powerful role in the stock market’s shorter-term gyrations. During the inflation scare between mid-April and mid-May, for example, value stocks outperformed growth stocks — just as conventional wisdom would expect. Since mid-May, inflation worries have receded and value stocks have lagged.\nIt doesn’t always work out this neatly. In fact, I could find no noteworthy historical relationship between inflation’s short-term trend and the performance of either the stock market as a whole or the relative performance of value- and growth stocks.\nTo search for such correlations, I started by analyzing monthly inflation, interest rates and stock market data from Yale University finance professor Robert Shiller going back to 1871. I calculated the correlation coefficients between inflation and the S&P 500 over different short-term periods extending from the trailing one month to trailing 12 months.\nI largely came up empty. Consider the extent to which changes in the CPI explain or predict simultaneous changes in the S&P 500 (as measured by a statistic known as r-squared). Regardless of the time horizon between one- and 12 months, the CPI (or its predecessor) since 1871 has been able to predict no more than 4% of the S&P 500’s gyrations. (Note carefully that, when measuring these correlations, I focused on the S&P 500’s inflation-adjusted total return so as not to bias my calculations.)\nOne of the reasons for the absence of a strong correlation is that the stock market has a love-hate relationship with inflation. When investors are more worried about economic weakness, or even deflation, higher inflation is sometimes seen as a good thing. At other times inflation and stocks are inversely correlated.\nThis fluctuating correlation is illustrated in the chart below, which tracks the correlation coefficient between the CPI and the S&P 500’s inflation-adjusted total return over the trailing 12 months. Notice the absence of any consistent relationship.\n\nAs a double-check on this surprising conclusion, I reran my analysis focusing on interest rates rather than the CPI. That’s revealing because interest rates reflect not only recent changes in inflation but also expected future inflation. The correlations between short-term movements in interest rates and the stock market were even weaker than when I focused on inflation.\nValue vs. growth when inflation and interest rates rise\nWhat about value’s performance relative to growth? Surely it historically has followed the same pattern we’ve seen over the past couple of months?\nNot so. To reach that counterintuitive conclusion, I analyzed the monthly returns of U.S. value and growth stocks since 1926, courtesy of data from Dartmouth College finance professor Ken French. (Specifically, the value stock portfolio contained the 30% of the U.S. market with the lowest book/market ratios, while the growth stock portfolio contained the 30% with the highest such ratios.) When focusing on all trailing time periods from one- to 12 months, I found no statistically significant correlation between inflation and the relative performance of value and growth stocks.\nEven more surprising is what emerged when focusing on the relationship between interest rates and value’s performance relative to growth: I found an inverse correlation. That is just the opposite of what we saw over the past couple of months, and the opposite of what conventional wisdom teaches us about how value stocks should perform in a rising interest rate environment.\nMy analysis doesn’t suggest that investors should now do the opposite, betting on value when previously they bet on growth, or vice versa. The point of this analysis is that there’s an unsteady and often insignificant historical relationship between inflation and interest rates, on the one hand, and the stock market and value’s performance relative to growth, on the other.\nShort-term stock-market timers need to look elsewhere for stronger clues as to where the market is headed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}