Pepegya personal page - To The Moon

Pepegya

Pepegya

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10-31

$Microsoft(MSFT)$ Priced in. Now time to adjust post earnings.

2023-06-13

$Nasdaq100 Bull 3X ETF(TQQQ)$ Waitingfir dipp

2021-08-26

$BlackBerry(BB)$LOL this was just a mini squeeze. Its going back 9-10 again FeelsBadMan

2021-08-20

$BlackBerry(BB)$Just go bankrupt you trash stock

2021-08-10

$Alibaba(BABA)$WTF was that drop hahahah

2021-07-20

Goldman can suck some Ds! Buy and HODL. Piak these banks!

Goldman Says "Don't Buy This Dip" And Here's Why...

2021-07-19

Like pls and comment pls

Toplines Before US Market Open on Monday

2021-07-15

$BlackBerry(BB)$Hell yeah babyNot leaving you anytime soon

2021-07-15

K bye

2021-07-14

Shill. Get out nobody needs you. Can’t hold? People like you making BB bleed.

Sorry, the original content has been removed

2021-07-14

$BlackBerry(BB)$Yes nice. Fukkk me more BBVery nice… Fukk me more… Hedgies, I’m telling you you’ll be on streets soon when MOASS happen

2021-07-14

$BlackBerry(BB)$Nice

2021-07-09

$BlackBerry(BB)$Bbbbbbbb

2021-07-09

K

Wells Fargo Tells Customers It's Shuttering All Personal Lines Of Credit

2021-07-09

$Micron Technology(MU)$Goooooooo

2021-07-07

$BlackBerry(BB)$Easiest way of losing. Money

2021-07-02

$BlackBerry(BB)$Down it goes. It hurts

2021-06-28

$BlackBerry(BB)$Easiest loss of my life for now.

2021-06-25

$BlackBerry(BB)$going down….. down down down!!!!

2021-06-24

Pepe Laff

Tesla: A Lesson In Humility

Go to Tiger App to see more news

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href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$&nbsp;</a><v-v data-views=\"0\"></v-v> Priced in. Now time to adjust post earnings.&nbsp;","listText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$&nbsp;</a><v-v data-views=\"0\"></v-v> Priced in. Now time to adjust post earnings.&nbsp;","text":"$Microsoft(MSFT)$ Priced in. Now time to adjust post earnings.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366070543507656","isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186844910444552,"gmtCreate":1686655707021,"gmtModify":1686655709484,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TQQQ\">$Nasdaq100 Bull 3X ETF(TQQQ)$&nbsp;</a><v-v data-views=\"0\"></v-v>Waitingfir dipp","listText":"<a href=\"https://ttm.financial/S/TQQQ\">$Nasdaq100 Bull 3X ETF(TQQQ)$&nbsp;</a><v-v data-views=\"0\"></v-v>Waitingfir dipp","text":"$Nasdaq100 Bull 3X ETF(TQQQ)$ Waitingfir dipp","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/186844910444552","isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810844029,"gmtCreate":1629967006361,"gmtModify":1676530186694,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>LOL this was just a mini squeeze. Its going back 9-10 again FeelsBadMan","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>LOL this was just a mini squeeze. Its going back 9-10 again FeelsBadMan","text":"$BlackBerry(BB)$LOL this was just a mini squeeze. Its going back 9-10 again FeelsBadMan","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/810844029","isVote":1,"tweetType":1,"viewCount":578,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574968450404111","authorId":"3574968450404111","name":"Bloomberg Markets","avatar":"https://community-static.tradeup.com/news/f516c34a4c299ef7bfa6036707b67c4a","crmLevel":8,"crmLevelSwitch":1,"idStr":"3574968450404111","authorIdStr":"3574968450404111"},"content":"If you treat buying stocks as gambling, You will never be rich. Investing is about long term 2-3 years of waiting or more. Warren Buffet average stock holding time frame is 5-7 years","text":"If you treat buying stocks as gambling, You will never be rich. Investing is about long term 2-3 years of waiting or more. Warren Buffet average stock holding time frame is 5-7 years","html":"If you treat buying stocks as gambling, You will never be rich. Investing is about long term 2-3 years of waiting or more. Warren Buffet average stock holding time frame is 5-7 years"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838665734,"gmtCreate":1629394447228,"gmtModify":1676530028016,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Just go bankrupt you trash stock","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Just go bankrupt you trash stock","text":"$BlackBerry(BB)$Just go bankrupt you trash stock","images":[{"img":"https://static.tigerbbs.com/2fd67dd47ba2b70a8fbfbf1f4711aae7","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838665734","isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":896494197,"gmtCreate":1628599711319,"gmtModify":1676529792044,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>WTF was that drop hahahah","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>WTF was that drop hahahah","text":"$Alibaba(BABA)$WTF was that drop hahahah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896494197","isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178344426,"gmtCreate":1626789660865,"gmtModify":1703765257929,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"Goldman can suck some Ds!&nbsp;Buy and HODL.&nbsp;Piak these banks!&nbsp;","listText":"Goldman can suck some Ds!&nbsp;Buy and HODL.&nbsp;Piak these banks!&nbsp;","text":"Goldman can suck some Ds! Buy and HODL. Piak these banks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178344426","repostId":"1188133258","repostType":4,"repost":{"id":"1188133258","pubTimestamp":1626787650,"share":"https://ttm.financial/m/news/1188133258?lang=&edition=fundamental","pubTime":"2021-07-20 21:27","market":"us","language":"en","title":"Goldman Says \"Don't Buy This Dip\" And Here's Why...","url":"https://stock-news.laohu8.com/highlight/detail?id=1188133258","media":"zerohedge","summary":"At the start of the month,Goldman trader John Flood correctly saidthat we are entering the best 2-we","content":"<p>At the start of the month,Goldman trader John Flood correctly saidthat we are entering the best 2-week seasonal period of the year, with the first 18 days of the month traditionally the strongest period for markets...</p>\n<p><img src=\"https://static.tigerbbs.com/e7dc88222112e4655f492c56509f9d64\" tg-width=\"1280\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>... and followed up with apredictionthat shorts will have to cover, which they did during a period in which we saw 13 out of 16 trading days hit new all time highs.</p>\n<p>Of course, it all came crashing down in the last 3 days when the S&amp;P slide accelerated, culminating with a scary rout on Monday when tumbling yields sparked a panic that the US economy is headed straight into a stagflationary crash.</p>\n<p>And yet, with futures rebounding and traders clearly showing a desire to catch what has been the fastest falling knife in months, we were surprised to read that the same John Flood who correctly predicted the market ramp in the first half of July, has now flipped completely and in a note published overnight writes \"<b>don't buy this dip.</b>\" He explains why:</p>\n<blockquote>\n I am a consistent buyer of dips but this wobble feels different and I am bracing for a weaker tape this week. Negative Covid headlines are picking up in velocity. Issuance spigots are fully turned on and this paper is getting harder to place from my seat (after some choppy px action related to issuance last week).\n</blockquote>\n<blockquote>\n <b>99% of S&amp;P500 companies are in buyback blackout period into next week and quant flows remain asymmetric on the supply side (AKA CTA sellers will win this tug of war).</b>Earnings last week were great but were not rewarded (banks)...this week and next are the 2 busiest weeks of the earnings period.\n</blockquote>\n<blockquote>\n Overall market breadth continues to dissipate with FAAMG complex carrying the weight of the indices on its back. July has not been a fun month for the retail community (underlying retail bid is fading). HF length has recently come in significantly on a 1 year look back but on a 3 year basis is well above 50th percentile for both nets and grosses (still more wood to chop here). Institutional community continues to cut risk in China ADR’s post DIDI development while U.S. / China tensions rise. All eyes remain 10yr yields well below 200dma of 1.26 for first time in 2021. No need to hit the panic button but I plan on being patient with buy tickets over the next several sessions.\n</blockquote>\n<p>And here are the 10 key<i>bearish</i>developments Flood is monitoring:</p>\n<p><b>1) Covid headlines over the weekend were the most negative that I have seen in 2021. Here are the 5 that stood out to me...</b></p>\n<ul>\n <li>U.S. infections surged more than 60% last week, topping a 16% global increase. Delta cases may be undercounted, former FDA chief Scott Gottlieb said. The Dr. warned that the US is “vastly underestimating” the level of COVID delta spread domestically.CNBC</li>\n <li>The CDC warns of a “pandemic of the unvaccinated” as cases, hospitalizations, and fatalities rise in those parts of the country with low inoculation rates.BBG</li>\n <li>CDC says other major US cities will probably follow LA and reimpose mask mandates as COVID statistics continue to deteriorate.FT</li>\n <li>First Olympic athletes in Tokyo test positive for COVID, just days before the games are expected to commence (Coco Gauff the highest profile U.S. athlete to withdraw)</li>\n <li>The UK said travelers from France will need to quarantine for 10 days regardless of vaccination status, an announcement that “leaves holidays in disarray”.London Times</li>\n</ul>\n<p><b>2) It has been a paper party and this paper is getting harder to place. Last week we priced 11 registered deals in the U.S. ($3b notional) and this week already working on another 18 ($10b). This is especially noteworthy while in the depths of July.</b></p>\n<p><b>3) Only 1 week into 2Q earnings but banks telling us to expect beats but NOT TO expect these beats to be rewarded. AKA sell sides estimates are still too low and positioning remains crowded. Since JPM kicked of megacap tech bank earnings last Tuesday morning (essentially beats across the board) bank index has shed 355bps.</b></p>\n<p><b>4) We are in depths of corporate buyback blackout period and this will run through 7/23/21....</b></p>\n<p><img src=\"https://static.tigerbbs.com/2aaf1e5d45694a097b50a91dbde1c820\" tg-width=\"500\" tg-height=\"271\" referrerpolicy=\"no-referrer\"><b>5) Systematic flows are asymmetric...(AKA CTAs are sellers in a up and down tape)....</b></p>\n<p><img src=\"https://static.tigerbbs.com/4bba4d70220e9707ea2844810c1a10b2\" tg-width=\"866\" tg-height=\"381\" referrerpolicy=\"no-referrer\"><b>6) Market breadth continues to deteriorate (was at ATH of 100 last month)....</b></p>\n<p><img src=\"https://static.tigerbbs.com/39de9052680301024db46173d0dce29f\" tg-width=\"507\" tg-height=\"405\" referrerpolicy=\"no-referrer\"><b>7) AKA without recent stellar price action on FAAMG the market would be in some trouble...</b></p>\n<p><img src=\"https://static.tigerbbs.com/0ae0c7eead73ad8dc2ecc63bcbd9e27e\" tg-width=\"500\" tg-height=\"385\" referrerpolicy=\"no-referrer\"></p>\n<p><b>8) Tensions with China escalating and we see continued derisking in ADRs: The White House is accusing China of perpetrating a massive hack of Microsoft’s email systems and will form a coalition of NATO members to condemn Beijing’s cyber activities.NYT</b></p>\n<p><b>9) Retail support has been waning MTD....(GS HIGH RETAIL SENTIMENT BASKET)....</b></p>\n<p><img src=\"https://static.tigerbbs.com/91d1bdeccdbb13bda1edf2982fd29b9c\" tg-width=\"969\" tg-height=\"737\" width=\"100%\" height=\"auto\"></p>\n<p><b>1</b><b>0) On 1 year look back Fundamental L/S positioning has come in significantly....on a 3yr look back still elevated....</b></p>\n<p><img src=\"https://static.tigerbbs.com/588f67823e6fabf1df2586491f930477\" tg-width=\"912\" tg-height=\"105\" width=\"100%\" height=\"auto\"></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>Goldman Says \"Don't Buy This Dip\" And Here's Why...</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Says \"Don't Buy This Dip\" And Here's Why...\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-20 21:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/goldman-says-dont-buy-dip-and-heres-why?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>At the start of the month,Goldman trader John Flood correctly saidthat we are entering the best 2-week seasonal period of the year, with the first 18 days of the month traditionally the strongest ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/goldman-says-dont-buy-dip-and-heres-why?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/goldman-says-dont-buy-dip-and-heres-why?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188133258","content_text":"At the start of the month,Goldman trader John Flood correctly saidthat we are entering the best 2-week seasonal period of the year, with the first 18 days of the month traditionally the strongest period for markets...\n\n... and followed up with apredictionthat shorts will have to cover, which they did during a period in which we saw 13 out of 16 trading days hit new all time highs.\nOf course, it all came crashing down in the last 3 days when the S&P slide accelerated, culminating with a scary rout on Monday when tumbling yields sparked a panic that the US economy is headed straight into a stagflationary crash.\nAnd yet, with futures rebounding and traders clearly showing a desire to catch what has been the fastest falling knife in months, we were surprised to read that the same John Flood who correctly predicted the market ramp in the first half of July, has now flipped completely and in a note published overnight writes \"don't buy this dip.\" He explains why:\n\n I am a consistent buyer of dips but this wobble feels different and I am bracing for a weaker tape this week. Negative Covid headlines are picking up in velocity. Issuance spigots are fully turned on and this paper is getting harder to place from my seat (after some choppy px action related to issuance last week).\n\n\n99% of S&P500 companies are in buyback blackout period into next week and quant flows remain asymmetric on the supply side (AKA CTA sellers will win this tug of war).Earnings last week were great but were not rewarded (banks)...this week and next are the 2 busiest weeks of the earnings period.\n\n\n Overall market breadth continues to dissipate with FAAMG complex carrying the weight of the indices on its back. July has not been a fun month for the retail community (underlying retail bid is fading). HF length has recently come in significantly on a 1 year look back but on a 3 year basis is well above 50th percentile for both nets and grosses (still more wood to chop here). Institutional community continues to cut risk in China ADR’s post DIDI development while U.S. / China tensions rise. All eyes remain 10yr yields well below 200dma of 1.26 for first time in 2021. No need to hit the panic button but I plan on being patient with buy tickets over the next several sessions.\n\nAnd here are the 10 keybearishdevelopments Flood is monitoring:\n1) Covid headlines over the weekend were the most negative that I have seen in 2021. Here are the 5 that stood out to me...\n\nU.S. infections surged more than 60% last week, topping a 16% global increase. Delta cases may be undercounted, former FDA chief Scott Gottlieb said. The Dr. warned that the US is “vastly underestimating” the level of COVID delta spread domestically.CNBC\nThe CDC warns of a “pandemic of the unvaccinated” as cases, hospitalizations, and fatalities rise in those parts of the country with low inoculation rates.BBG\nCDC says other major US cities will probably follow LA and reimpose mask mandates as COVID statistics continue to deteriorate.FT\nFirst Olympic athletes in Tokyo test positive for COVID, just days before the games are expected to commence (Coco Gauff the highest profile U.S. athlete to withdraw)\nThe UK said travelers from France will need to quarantine for 10 days regardless of vaccination status, an announcement that “leaves holidays in disarray”.London Times\n\n2) It has been a paper party and this paper is getting harder to place. Last week we priced 11 registered deals in the U.S. ($3b notional) and this week already working on another 18 ($10b). This is especially noteworthy while in the depths of July.\n3) Only 1 week into 2Q earnings but banks telling us to expect beats but NOT TO expect these beats to be rewarded. AKA sell sides estimates are still too low and positioning remains crowded. Since JPM kicked of megacap tech bank earnings last Tuesday morning (essentially beats across the board) bank index has shed 355bps.\n4) We are in depths of corporate buyback blackout period and this will run through 7/23/21....\n5) Systematic flows are asymmetric...(AKA CTAs are sellers in a up and down tape)....\n6) Market breadth continues to deteriorate (was at ATH of 100 last month)....\n7) AKA without recent stellar price action on FAAMG the market would be in some trouble...\n\n8) Tensions with China escalating and we see continued derisking in ADRs: The White House is accusing China of perpetrating a massive hack of Microsoft’s email systems and will form a coalition of NATO members to condemn Beijing’s cyber activities.NYT\n9) Retail support has been waning MTD....(GS HIGH RETAIL SENTIMENT BASKET)....\n\n10) On 1 year look back Fundamental L/S positioning has come in significantly....on a 3yr look back still elevated....","news_type":1},"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171052023,"gmtCreate":1626698590862,"gmtModify":1703763532437,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"Like pls and comment pls","listText":"Like pls and comment pls","text":"Like pls and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/171052023","repostId":"1135910714","repostType":4,"repost":{"id":"1135910714","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626692784,"share":"https://ttm.financial/m/news/1135910714?lang=&edition=fundamental","pubTime":"2021-07-19 19:06","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1135910714","media":"Tiger Newspress","summary":"The morning sell-off in stock futures is accelerating.\nPershing Square Tontine Holdings, Tesla Motor","content":"<ul>\n <li>The morning sell-off in stock futures is accelerating.</li>\n <li>Pershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.</li>\n <li>Oil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</li>\n</ul>\n<p>(July&nbsp;19)&nbsp;U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.</p>\n<p>At 8:09 a.m. ET,Futures for the S&amp;P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-100 fell 0.89%.</p>\n<p><img src=\"https://static.tigerbbs.com/78212dd3d7e6d2af95d4495fa43cf583\" tg-width=\"1242\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>\n<p>Surging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.</p>\n<p>“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.</p>\n<p>Business reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.</p>\n<p>Airlines and oil-and-gas companies were among the worst performers ahead of the bell in <a href=\"https://laohu8.com/S/NWY\">New York</a>.<a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleumlost 4.1%, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a> 3.6%,<a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group2.3% and $Delta <a href=\"https://laohu8.com/S/AIRI\">Air</a> Lines(DAL)$ 2.2%.</p>\n<p>One bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. <a href=\"https://laohu8.com/S/ZM\">Zoom</a> shares slipped 2% in premarket trading.</p>\n<p>Worries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.</p>\n<p>Potential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand <a href=\"https://laohu8.com/S/JE\">Just</a> Eat Takeaway.com ticked higher.</p>\n<p>Among other stocks, Paris-listedVivendifell 1.2%. <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein <a href=\"https://laohu8.com/S/UVV\">Universal</a> Music Group. Mr. Ackman’s <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> said it would take a large stake in <a href=\"https://laohu8.com/S/UVV\">Universal</a>, which is majority owned by Vivendi, instead.</p>\n<p>Italian luxury fashion house Ermenegildo Zegna will go public on the <a href=\"https://laohu8.com/S/NYRT\">New York</a> Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in <a href=\"https://laohu8.com/S/NGD\">New</a> York.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b><a href=\"https://laohu8.com/S/PSTH.U\">Pershing Square Tontine Holdings</a>:&nbsp;</b>Billionaire investor William Ackman’s <a href=\"https://laohu8.com/S/PSTH\">Pershing Square Tontine Holdings</a> has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.</p>\n<p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> :&nbsp;</b>On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e2886cd35d2ac9d0ed7cf4d9056c678a\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a>:&nbsp;</b>Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/bbc962c414c77edbe87597c447261cac\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a>: </b>Johnson &amp; Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&amp;J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.</p>\n<p><img src=\"https://static.tigerbbs.com/ea35138cf94432dfdcd08c1528620d42\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p>In Asia, technology giants <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned <a href=\"https://laohu8.com/S/AFG\">American</a> companies about the increasingrisks of operating in the financial hub.</p>\n<p>Japan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.</p>\n<p>David Chao, a market strategist at <a href=\"https://laohu8.com/S/IVZ\">Invesco</a>, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.</p>\n<p>Mr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.</p>\n<p><b>In FX, </b>the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust &amp; Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.</p>\n<p><b>Oil extended losses, </b>with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</p>\n<p>Gold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-19 19:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>The morning sell-off in stock futures is accelerating.</li>\n <li>Pershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.</li>\n <li>Oil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</li>\n</ul>\n<p>(July&nbsp;19)&nbsp;U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.</p>\n<p>At 8:09 a.m. ET,Futures for the S&amp;P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-100 fell 0.89%.</p>\n<p><img src=\"https://static.tigerbbs.com/78212dd3d7e6d2af95d4495fa43cf583\" tg-width=\"1242\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>\n<p>Surging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.</p>\n<p>“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.</p>\n<p>Business reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.</p>\n<p>Airlines and oil-and-gas companies were among the worst performers ahead of the bell in <a href=\"https://laohu8.com/S/NWY\">New York</a>.<a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleumlost 4.1%, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a> 3.6%,<a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group2.3% and $Delta <a href=\"https://laohu8.com/S/AIRI\">Air</a> Lines(DAL)$ 2.2%.</p>\n<p>One bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. <a href=\"https://laohu8.com/S/ZM\">Zoom</a> shares slipped 2% in premarket trading.</p>\n<p>Worries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.</p>\n<p>Potential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand <a href=\"https://laohu8.com/S/JE\">Just</a> Eat Takeaway.com ticked higher.</p>\n<p>Among other stocks, Paris-listedVivendifell 1.2%. <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein <a href=\"https://laohu8.com/S/UVV\">Universal</a> Music Group. Mr. Ackman’s <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> said it would take a large stake in <a href=\"https://laohu8.com/S/UVV\">Universal</a>, which is majority owned by Vivendi, instead.</p>\n<p>Italian luxury fashion house Ermenegildo Zegna will go public on the <a href=\"https://laohu8.com/S/NYRT\">New York</a> Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in <a href=\"https://laohu8.com/S/NGD\">New</a> York.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b><a href=\"https://laohu8.com/S/PSTH.U\">Pershing Square Tontine Holdings</a>:&nbsp;</b>Billionaire investor William Ackman’s <a href=\"https://laohu8.com/S/PSTH\">Pershing Square Tontine Holdings</a> has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.</p>\n<p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> :&nbsp;</b>On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e2886cd35d2ac9d0ed7cf4d9056c678a\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a>:&nbsp;</b>Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/bbc962c414c77edbe87597c447261cac\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a>: </b>Johnson &amp; Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&amp;J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.</p>\n<p><img src=\"https://static.tigerbbs.com/ea35138cf94432dfdcd08c1528620d42\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p>In Asia, technology giants <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned <a href=\"https://laohu8.com/S/AFG\">American</a> companies about the increasingrisks of operating in the financial hub.</p>\n<p>Japan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.</p>\n<p>David Chao, a market strategist at <a href=\"https://laohu8.com/S/IVZ\">Invesco</a>, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.</p>\n<p>Mr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.</p>\n<p><b>In FX, </b>the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust &amp; Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.</p>\n<p><b>Oil extended losses, </b>with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</p>\n<p>Gold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135910714","content_text":"The morning sell-off in stock futures is accelerating.\nPershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.\nOil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.\n\n(July 19) U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.\nAt 8:09 a.m. ET,Futures for the S&P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused Nasdaq-100 fell 0.89%.\n\nSurging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.\n“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.\nBusiness reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.\nAirlines and oil-and-gas companies were among the worst performers ahead of the bell in New York.Occidental Petroleumlost 4.1%, ConocoPhillips 3.6%,American Airlines Group2.3% and $Delta Air Lines(DAL)$ 2.2%.\nOne bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. Zoom shares slipped 2% in premarket trading.\nWorries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.\nPotential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand Just Eat Takeaway.com ticked higher.\nAmong other stocks, Paris-listedVivendifell 1.2%. Pershing Square Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein Universal Music Group. Mr. Ackman’s Pershing Square said it would take a large stake in Universal, which is majority owned by Vivendi, instead.\nItalian luxury fashion house Ermenegildo Zegna will go public on the New York Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in New York.\nStocks making the biggest moves premarket:\nPershing Square Tontine Holdings: Billionaire investor William Ackman’s Pershing Square Tontine Holdings has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.\nTesla Motors : On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a one-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket trading.\n\nXPeng Inc.: Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket trading.\n\nJohnson & Johnson: Johnson & Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.\n\nIn Asia, technology giants Alibaba and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned American companies about the increasingrisks of operating in the financial hub.\nJapan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.\nDavid Chao, a market strategist at Invesco, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.\nMr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.\nIn FX, the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust & Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.\nOil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.\nGold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147382431,"gmtCreate":1626335423023,"gmtModify":1703758113215,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Hell yeah babyNot leaving you anytime soon","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Hell yeah babyNot leaving you anytime soon","text":"$BlackBerry(BB)$Hell yeah babyNot leaving you anytime soon","images":[{"img":"https://static.tigerbbs.com/e0db85228eb24da7f0f00118391f126d","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":1,"link":"https://ttm.financial/post/147382431","isVote":1,"tweetType":1,"viewCount":722,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":144662741,"gmtCreate":1626281276683,"gmtModify":1703757137093,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"K bye","listText":"K bye","text":"K bye","images":[{"img":"https://static.tigerbbs.com/9fa35dd799d28711307836965dd0e16d","width":"1125","height":"2459"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/144662741","isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":144850128,"gmtCreate":1626276164164,"gmtModify":1703757012910,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"Shill. Get out nobody needs you. Can’t hold? People like you making BB bleed.","listText":"Shill. Get out nobody needs you. Can’t hold? People like you making BB bleed.","text":"Shill. Get out nobody needs you. Can’t hold? People like you making BB bleed.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144850128","repostId":"144867652","repostType":1,"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144826418,"gmtCreate":1626275990134,"gmtModify":1703757006197,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Yes nice. Fukkk me more BBVery nice… Fukk me more…&nbsp;Hedgies, I’m telling you you’ll be on streets soon when MOASS happen","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Yes nice. Fukkk me more BBVery nice… Fukk me more…&nbsp;Hedgies, I’m telling you you’ll be on streets soon when MOASS happen","text":"$BlackBerry(BB)$Yes nice. Fukkk me more BBVery nice… Fukk me more… Hedgies, I’m telling you you’ll be on streets soon when MOASS happen","images":[{"img":"https://static.tigerbbs.com/abfc11531d1859cb01e59678ce6e2aa7","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144826418","isVote":1,"tweetType":1,"viewCount":657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":145415723,"gmtCreate":1626237030762,"gmtModify":1703756107653,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Nice","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Nice","text":"$BlackBerry(BB)$Nice","images":[{"img":"https://static.tigerbbs.com/3fd90141027e1824d5c1e8cfc0ad44c8","width":"1284","height":"2457"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/145415723","isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3570425292712247","authorId":"3570425292712247","name":"bensonquek","avatar":"https://static.tigerbbs.com/da253494b3814a60159028eca9e64051","crmLevel":7,"crmLevelSwitch":1,"idStr":"3570425292712247","authorIdStr":"3570425292712247"},"content":"Dont worry will go back to $14 soon","text":"Dont worry will go back to $14 soon","html":"Dont worry will go back to $14 soon"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":143105618,"gmtCreate":1625771575034,"gmtModify":1703748224760,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Bbbbbbbb","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Bbbbbbbb","text":"$BlackBerry(BB)$Bbbbbbbb","images":[{"img":"https://static.tigerbbs.com/1a1f8071fe66ba2f539c43224c5c6089","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143105618","isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":143353958,"gmtCreate":1625763408174,"gmtModify":1703748175583,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143353958","repostId":"2149328960","repostType":4,"repost":{"id":"2149328960","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625756309,"share":"https://ttm.financial/m/news/2149328960?lang=&edition=fundamental","pubTime":"2021-07-08 22:58","market":"us","language":"en","title":"Wells Fargo Tells Customers It's Shuttering All Personal Lines Of Credit","url":"https://stock-news.laohu8.com/highlight/detail?id=2149328960","media":"Reuters","summary":"Wells Fargo is ending a popular consumer lending product, angering some of its customers, CNBC has l","content":"<p>Wells Fargo&nbsp;is ending a popular consumer lending product, angering some of its customers, CNBC has learned.</p>\n<p>The bank is shutting down all existing personal lines of credit in coming weeks and no longer offers the product, according to customer letters reviewed by CNBC.</p>\n<p>The revolving credit lines, which typically let users borrow $3,000 to $100,000, were pitched as a way to consolidate higher-interest credit-card debt, pay for home renovations or avoid overdraft fees on linked checking accounts.</p>\n<p>\"Wells Fargo recently reviewed its product offerings and decided to discontinue offering new Personal and Portfolio line of credit accounts and close all existing accounts,\" the bank said in the six-page letter. The move would let the bank focus on credit cards and personal loans, it said.</p>\n<p>Wells Fargo CEOCharles Scharfhas been forced to make difficult decisions during the pandemic,offloadingassets and deposits and stepping back from some products because of limitations imposed by the Federal Reserve. In 2018, the Fed barred Wells Fargo from growing its balance sheet until it fixes compliance shortcomings revealed by thebank's fake accounts scandal.</p>\n<p>The asset cap has ultimately cost the bank billions of dollars in lost earnings, based on the balance sheet growth of rivals includingJPMorgan ChaseandBank of Americaover the past three years, analysts havesaid.</p>\n<p>It has also affected Wells Fargo's customers: Last year, the lender told staff it washalting allnew home equity lines of credit, CNBC reported. Months later, the bank also withdrew from a segment of theauto lending business.</p>\n<p>With its latest move, Wells Fargo warned customers that the account closures \"may have an impact on your credit score,\" according to a Frequently Asked Questions segment of the letter.</p>\n<p>Another part of the FAQ asserted that the account closures couldn't be reviewed or reversed: \"We apologize for the inconvenience this Line of Credit closure will cause,\" the bank said. \"The account closure is final.\"</p>\n<p>\"Simplify offerings\"</p>\n<p>Wells Fargo didn't directly answer questions as to what role, if any, the Fed asset cap played in its latest move.</p>\n<p>The bank gave this statement: \"In an effort to simplify our product offerings, we've made the decision to no longer offer personal lines of credit as we feel we can better meet the borrowing needs of our customers through credit card and personal loan products.\"</p>\n<p>Customers have been given a 60-day notice that their accounts will be shuttered, and remaining balances will require regular minimum payments, according to the statement.</p>\n<p>The move is a strange one given the banking industry's need to boost loan growth.</p>\n<p>After a burst of commercial lending during the early days of the pandemic, loan growth has been hard to muster. Corporations have used money raised in stock and debt issuance to retire bank credit lines, and consumers stuck at home had fewer reasons to use credit cards.</p>\n<p>In fact, last year big banks experienced the first aggregate drop in loans in more than a decade,accordingto Barclays bank analyst Jason Goldberg. Of the four largest U.S. banks, Wells Fargo saw the worst decline.</p>\n<p>After banks saw that borrowers held up far better than they had initially feared, the industry recently began marketingnew credit cardswith large sign-on bonuses in an effort to boost lending.</p>\n<p>Making the switch</p>\n<p>Wells Fargo doesn't disclose how many customers used the credit lines it is eliminating. It had$24.9 billionin loans in a category called \"other consumer\" as of March, which was 26% lower than the year-earlier period.</p>\n<p>One customer said the change is prompting him to switch banks after more than a decade with Wells Fargo. Tim Tomassi, a Portland, Oregon programmer, said that he used a personal line of credit linked to his checking account to avoid expensive overdraft fees.</p>\n<p>\"It's a bit upsetting,\" Tomassi said in a phone interview. \"They're a big bank, and I'm a small person, and it feels like they're making decisions for their bottom line and not for customers. A lot of people are in my position, they need a cushion every once in a while from a line of credit.\"</p>\n<p>Tomassi said he is considering opening an account at&nbsp;Allyor&nbsp;Chime, banking players that don't chargeoverdraft fees.</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>Wells Fargo Tells Customers It's Shuttering All Personal Lines Of Credit</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\">\nWells Fargo Tells Customers It's Shuttering All Personal Lines Of Credit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-08 22:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Wells Fargo&nbsp;is ending a popular consumer lending product, angering some of its customers, CNBC has learned.</p>\n<p>The bank is shutting down all existing personal lines of credit in coming weeks and no longer offers the product, according to customer letters reviewed by CNBC.</p>\n<p>The revolving credit lines, which typically let users borrow $3,000 to $100,000, were pitched as a way to consolidate higher-interest credit-card debt, pay for home renovations or avoid overdraft fees on linked checking accounts.</p>\n<p>\"Wells Fargo recently reviewed its product offerings and decided to discontinue offering new Personal and Portfolio line of credit accounts and close all existing accounts,\" the bank said in the six-page letter. The move would let the bank focus on credit cards and personal loans, it said.</p>\n<p>Wells Fargo CEOCharles Scharfhas been forced to make difficult decisions during the pandemic,offloadingassets and deposits and stepping back from some products because of limitations imposed by the Federal Reserve. In 2018, the Fed barred Wells Fargo from growing its balance sheet until it fixes compliance shortcomings revealed by thebank's fake accounts scandal.</p>\n<p>The asset cap has ultimately cost the bank billions of dollars in lost earnings, based on the balance sheet growth of rivals includingJPMorgan ChaseandBank of Americaover the past three years, analysts havesaid.</p>\n<p>It has also affected Wells Fargo's customers: Last year, the lender told staff it washalting allnew home equity lines of credit, CNBC reported. Months later, the bank also withdrew from a segment of theauto lending business.</p>\n<p>With its latest move, Wells Fargo warned customers that the account closures \"may have an impact on your credit score,\" according to a Frequently Asked Questions segment of the letter.</p>\n<p>Another part of the FAQ asserted that the account closures couldn't be reviewed or reversed: \"We apologize for the inconvenience this Line of Credit closure will cause,\" the bank said. \"The account closure is final.\"</p>\n<p>\"Simplify offerings\"</p>\n<p>Wells Fargo didn't directly answer questions as to what role, if any, the Fed asset cap played in its latest move.</p>\n<p>The bank gave this statement: \"In an effort to simplify our product offerings, we've made the decision to no longer offer personal lines of credit as we feel we can better meet the borrowing needs of our customers through credit card and personal loan products.\"</p>\n<p>Customers have been given a 60-day notice that their accounts will be shuttered, and remaining balances will require regular minimum payments, according to the statement.</p>\n<p>The move is a strange one given the banking industry's need to boost loan growth.</p>\n<p>After a burst of commercial lending during the early days of the pandemic, loan growth has been hard to muster. Corporations have used money raised in stock and debt issuance to retire bank credit lines, and consumers stuck at home had fewer reasons to use credit cards.</p>\n<p>In fact, last year big banks experienced the first aggregate drop in loans in more than a decade,accordingto Barclays bank analyst Jason Goldberg. Of the four largest U.S. banks, Wells Fargo saw the worst decline.</p>\n<p>After banks saw that borrowers held up far better than they had initially feared, the industry recently began marketingnew credit cardswith large sign-on bonuses in an effort to boost lending.</p>\n<p>Making the switch</p>\n<p>Wells Fargo doesn't disclose how many customers used the credit lines it is eliminating. It had$24.9 billionin loans in a category called \"other consumer\" as of March, which was 26% lower than the year-earlier period.</p>\n<p>One customer said the change is prompting him to switch banks after more than a decade with Wells Fargo. Tim Tomassi, a Portland, Oregon programmer, said that he used a personal line of credit linked to his checking account to avoid expensive overdraft fees.</p>\n<p>\"It's a bit upsetting,\" Tomassi said in a phone interview. \"They're a big bank, and I'm a small person, and it feels like they're making decisions for their bottom line and not for customers. A lot of people are in my position, they need a cushion every once in a while from a line of credit.\"</p>\n<p>Tomassi said he is considering opening an account at&nbsp;Allyor&nbsp;Chime, banking players that don't chargeoverdraft fees.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WFC":"富国银行","CUBI":"Customers Bancorp Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149328960","content_text":"Wells Fargo is ending a popular consumer lending product, angering some of its customers, CNBC has learned.\nThe bank is shutting down all existing personal lines of credit in coming weeks and no longer offers the product, according to customer letters reviewed by CNBC.\nThe revolving credit lines, which typically let users borrow $3,000 to $100,000, were pitched as a way to consolidate higher-interest credit-card debt, pay for home renovations or avoid overdraft fees on linked checking accounts.\n\"Wells Fargo recently reviewed its product offerings and decided to discontinue offering new Personal and Portfolio line of credit accounts and close all existing accounts,\" the bank said in the six-page letter. The move would let the bank focus on credit cards and personal loans, it said.\nWells Fargo CEOCharles Scharfhas been forced to make difficult decisions during the pandemic,offloadingassets and deposits and stepping back from some products because of limitations imposed by the Federal Reserve. In 2018, the Fed barred Wells Fargo from growing its balance sheet until it fixes compliance shortcomings revealed by thebank's fake accounts scandal.\nThe asset cap has ultimately cost the bank billions of dollars in lost earnings, based on the balance sheet growth of rivals includingJPMorgan ChaseandBank of Americaover the past three years, analysts havesaid.\nIt has also affected Wells Fargo's customers: Last year, the lender told staff it washalting allnew home equity lines of credit, CNBC reported. Months later, the bank also withdrew from a segment of theauto lending business.\nWith its latest move, Wells Fargo warned customers that the account closures \"may have an impact on your credit score,\" according to a Frequently Asked Questions segment of the letter.\nAnother part of the FAQ asserted that the account closures couldn't be reviewed or reversed: \"We apologize for the inconvenience this Line of Credit closure will cause,\" the bank said. \"The account closure is final.\"\n\"Simplify offerings\"\nWells Fargo didn't directly answer questions as to what role, if any, the Fed asset cap played in its latest move.\nThe bank gave this statement: \"In an effort to simplify our product offerings, we've made the decision to no longer offer personal lines of credit as we feel we can better meet the borrowing needs of our customers through credit card and personal loan products.\"\nCustomers have been given a 60-day notice that their accounts will be shuttered, and remaining balances will require regular minimum payments, according to the statement.\nThe move is a strange one given the banking industry's need to boost loan growth.\nAfter a burst of commercial lending during the early days of the pandemic, loan growth has been hard to muster. Corporations have used money raised in stock and debt issuance to retire bank credit lines, and consumers stuck at home had fewer reasons to use credit cards.\nIn fact, last year big banks experienced the first aggregate drop in loans in more than a decade,accordingto Barclays bank analyst Jason Goldberg. Of the four largest U.S. banks, Wells Fargo saw the worst decline.\nAfter banks saw that borrowers held up far better than they had initially feared, the industry recently began marketingnew credit cardswith large sign-on bonuses in an effort to boost lending.\nMaking the switch\nWells Fargo doesn't disclose how many customers used the credit lines it is eliminating. It had$24.9 billionin loans in a category called \"other consumer\" as of March, which was 26% lower than the year-earlier period.\nOne customer said the change is prompting him to switch banks after more than a decade with Wells Fargo. Tim Tomassi, a Portland, Oregon programmer, said that he used a personal line of credit linked to his checking account to avoid expensive overdraft fees.\n\"It's a bit upsetting,\" Tomassi said in a phone interview. \"They're a big bank, and I'm a small person, and it feels like they're making decisions for their bottom line and not for customers. A lot of people are in my position, they need a cushion every once in a while from a line of credit.\"\nTomassi said he is considering opening an account at Allyor Chime, banking players that don't chargeoverdraft fees.","news_type":1},"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143328607,"gmtCreate":1625762640809,"gmtModify":1703748164587,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MU\">$Micron Technology(MU)$</a>Goooooooo","listText":"<a href=\"https://laohu8.com/S/MU\">$Micron Technology(MU)$</a>Goooooooo","text":"$Micron Technology(MU)$Goooooooo","images":[{"img":"https://static.tigerbbs.com/04a7a8e712e737a31e136c5803f4042f","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/143328607","isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":140527610,"gmtCreate":1625666768330,"gmtModify":1703746020407,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Easiest way of losing. &nbsp;Money","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Easiest way of losing. &nbsp;Money","text":"$BlackBerry(BB)$Easiest way of losing. Money","images":[{"img":"https://static.tigerbbs.com/d8264ca017ed409b0cb65e681ac511ae","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/140527610","isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":156749982,"gmtCreate":1625238313846,"gmtModify":1703739235285,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Down it goes.&nbsp;It hurts","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Down it goes.&nbsp;It hurts","text":"$BlackBerry(BB)$Down it goes. It hurts","images":[{"img":"https://static.tigerbbs.com/072a4a18e599bca20401f46eb2f3f852","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156749982","isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":150958773,"gmtCreate":1624884089092,"gmtModify":1703846955538,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Easiest loss of my life for now.&nbsp;","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Easiest loss of my life for now.&nbsp;","text":"$BlackBerry(BB)$Easiest loss of my life for now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150958773","isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122567035,"gmtCreate":1624628318527,"gmtModify":1703842114892,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>going down….. down down down!!!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>going down….. down down down!!!!&nbsp;","text":"$BlackBerry(BB)$going down….. down down down!!!!","images":[{"img":"https://static.tigerbbs.com/79e9ec61e4eed94a083d4bac86a8e3f1","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/122567035","isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3584079476763661","authorId":"3584079476763661","name":"BC91","avatar":"https://static.tigerbbs.com/6516d84f1776fef95165668dbf4f7444","crmLevel":1,"crmLevelSwitch":0,"idStr":"3584079476763661","authorIdStr":"3584079476763661"},"content":"[Tears] [Tears]","text":"[Tears] [Tears]","html":"[Tears] [Tears]"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":128524899,"gmtCreate":1624524677511,"gmtModify":1703839294087,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"Pepe Laff","listText":"Pepe Laff","text":"Pepe Laff","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128524899","repostId":"1176854050","repostType":4,"repost":{"id":"1176854050","pubTimestamp":1624506221,"share":"https://ttm.financial/m/news/1176854050?lang=&edition=fundamental","pubTime":"2021-06-24 11:43","market":"us","language":"en","title":"Tesla: A Lesson In Humility","url":"https://stock-news.laohu8.com/highlight/detail?id=1176854050","media":"seekingalpha","summary":"Tesla shares have pulled well back in a months-long period of weakness.With earnings coming up, there looks to be a showdown of bulls and bears on the near-term horizon.I see Tesla's fundamentals - and valuation - as having improved massively in recent months, and I'm therefore still quite bullish.Finally, the elephant in the room is the descending triangle I noted above, and I’ve added some extra bars at the end of the chart to show what the resolution of the triangle might look like. We can se","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla shares have pulled well back in a months-long period of weakness.</li>\n <li>With earnings coming up, there looks to be a showdown of bulls and bears on the near-term horizon.</li>\n <li>I see Tesla's fundamentals - and valuation - as having improved massively in recent months, and I'm therefore still quite bullish.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16088600ba424779ab370711976bff68\" tg-width=\"768\" tg-height=\"397\" referrerpolicy=\"no-referrer\"><span>AdrianHancu/iStock Editorial via Getty Images</span></p>\n<p>Sometimes in investing, our thesis, no matter how much we believe in it, doesn’t work. I’ve experienced that countless times personally, and I think pretty much everyone who tries their hand at growing capital through the financial markets does as well. The important thing is not to fall in love with a stock and let it destroy your portfolio, and in the case of EV mothership<b>Tesla</b>(TSLA), I certainly had my fair share of practice at letting go of a failed thesis recently.</p>\n<p>Back inearly April, I said it was time to buy Tesla based upon its fairly reliable history of running higher into earnings announcements. The stock was at $691 at the time and did move higher in the next couple of weeks, but as we can see from the below, the move didn’t stick. That caused me to rethink my position in the short-term with Tesla, and now that we are four weeks out from the next earnings report, we have a different situation on our hands.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54fd49361e0720105b3d38a4c4c88fa1\" tg-width=\"640\" tg-height=\"615\" referrerpolicy=\"no-referrer\"><span>Source: StockCharts</span></p>\n<p>I’ve annotated several things on the daily chart because the situation is quite interesting for Tesla during this critical period leading up to the next earnings release. The first thing I’ll note is that the accumulation/distribution line remains very strong, having never wavered from its prior levels achieved during the massive rally that took place mostly in 2020. That’s a good sign because the bulls and bears remain roughly equally matched despite a share price that has given the bulls every reason to move on.</p>\n<p>Momentum is more of a mixed picture because the PPO and 14-day RSI are both showing some signs of positive divergence, but also signs that bullish momentum is nowhere near high enough to push the stock into another rally phase. On the divergence side, momentum is gradually moving higher while the share price bounces around, indicating that the worst of the selling is likely done, but that we’re in a digestion period. The 14-day RSI hasn’t yet crested the centerline in earnest, which again means that bullish momentum is fairly weak.</p>\n<p>Overall, I’d say momentum is showing what you might expect at this stage, which is that the selling pressure has abated, but we’re not in rally mode. Yet.</p>\n<p>Finally, the elephant in the room is the descending triangle I noted above, and I’ve added some extra bars at the end of the chart to show what the resolution of the triangle might look like. We can see at the current slope of the line that the triangle will likely resolve near the end of July, which just so happens to coincide with the earnings release. This is a bearish pattern so I don’t want to make everything seem like sunshine and lollipops, but the rest of the chart is mixed, so we’ll have to wait and see.</p>\n<p>The earnings report, in my view, is going to be the catalyst one way or the other for the breakout from the triangle. Which direction it will go is anyone’s guess, but I’d be ready for a wild reaction to the earnings release in July.</p>\n<p>If we look at a weekly chart, I see a much rosier picture.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef4525c330221c7768acc84c336cd8ef\" tg-width=\"640\" tg-height=\"615\" referrerpolicy=\"no-referrer\"><span>Source: StockCharts</span></p>\n<p>We can see that the stock ran up massively in 2020 and took with it the accumulation/distribution line, as well as the momentum indicators, as you’d expect. But since the selling began, we see signs that the stock has simply worked off its overbought conditions, which looks bullish to me.</p>\n<p>The 50-week moving average has served as support during this consolidation phase, and it currently stands at $575, so I’d watch that level if we see more selling. On the plus side, the accumulation/distribution line looks beautiful and again, is supportive of this selling being a digestion period rather than the end of the bull market for Tesla.</p>\n<p>Momentum would seem to support that as well, as the PPO and 14-week RSI are back at centerline support. What happens after this is critical, obviously, but the weekly chart doesn’t show Tesla as breaking down on a longer-term basis. The negative divergences we saw since 2020 began have given way to momentum resetting, which often happens before a new bull phase begins. With the earnings report looming in July, and the daily and weekly charts showing different pictures (at least to my eye), it’s going to be an interesting next four weeks for sure.</p>\n<p><b>Fundamentals still bullish</b></p>\n<p>I’d sum up the chart as having a short-term set of challenges for the bulls, but longer-term, I still see Tesla going higher. On a fundamental basis, I think the conclusion is decidedly more bullish. Let’s start with revenue revisions, which have been nothing short of terrific.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7297a6360a43284ab70d4caf12d206f3\" tg-width=\"640\" tg-height=\"282\" referrerpolicy=\"no-referrer\"><span>Source:Seeking Alpha</span></p>\n<p>All years are showing uptrends in revenue revisions, and in particular, the out years. Let us not forget that these positive revisions are occurring during a time when countless startups and internal combustion engine OGs like GM (GM), Ford (F) and Volkswagen (OTCPK:VWAGY) are investing tens of billions of dollars to take market share in EVs. None of this is new and it isn’t like the analyst community is surprised by these investments; Tesla is simply on a tremendous upward trajectory when it comes to growing revenue.</p>\n<p>Canaccordpointed out last week that the Model S Plaid Plus delay was likely due to the 4680 cell design not being ready for prime time. That very well could be the case, and it wouldn’t be the first time Tesla disappointed with a time frame it gave investors. Remember therobo-taxi claim?</p>\n<p>At any rate, the company’s lineup continues to resonate with customers and now that capacity constraints should lessen greatly over the coming years – new factories in a few parts of the world will help – the path of least resistance for Tesla is no doubt higher. This will only get better as Tesla can decrease the per-unit cost of things like the batteries so it can better compete with mainstream automakers on price, and become a mainstream automaker rather than a niche manufacturer for the well-heeled.</p>\n<p>Another thing scale is affording Tesla is monumental progress with profit margins. Below we have trailing-twelve-months gross margins, SG&amp;A costs, and EBIT margin as a percentage of revenue.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f9effb44d7bda8f3bdb535e80dd1ac0f\" tg-width=\"640\" tg-height=\"168\" referrerpolicy=\"no-referrer\"><span>Source: TIKR.com</span></p>\n<p>All three of these lines are moving in the right direction. Gross margins have been rising thanks to higher sales and production volumes, a trend that should continue so long as sales remain robust. In addition, Tesla is spending much less on an SG&amp;A basis than it used to, which again, is the product of higher sales volume. SG&amp;A used to be in the mid-20% range of revenue, which is unsustainable. Today, it’s only 10%, which means operating margins have gone quite positive, and with room to run in the future.</p>\n<p>Margins have always been an easy thing for the bears to point to, but that is simply no longer the case, and if you have a long holding period, the margin situation is going to work out in the bulls’ favor.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6401d5cd793a93d0ed6d36f911abdb15\" tg-width=\"640\" tg-height=\"283\" referrerpolicy=\"no-referrer\"><span>Source:Seeking Alpha</span></p>\n<p>This is all pointing to ever-higher EPS estimates, as we can see above. Analysts continue to try and keep up with Tesla’s upward trajectory, and so long as sales volumes and margins continue their march higher, so will these lines. Again, this is a feather in the cap of the bulls.</p>\n<p><b>Other considerations</b></p>\n<p>Tesla is not for the faint of heart, because it is volatile and we are at a point in the history of the automobile that an EV gold rush of sorts is occurring. Everyone is investing to win once the internal combustion engine is gone, but Tesla has a massive head start on the competition.</p>\n<p>Even so, there are risks to consider. First, Tesla could lose its technology lead over time as legacy manufacturers throw tens of billions of dollars at R&amp;D on battery technology. Tesla is far and away the superior battery maker today, but that does not guarantee it stays that way. To be clear, I don’t see that as a viable outcome in the near-term, but ten years from now? Twenty? It's a risk.</p>\n<p>Another risk is that Tesla uses its stock as a piggy bank, issuing shares to fund R&amp;D, factory construction, and the like.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b8f44f661051d87ad3f2906cabe5479d\" tg-width=\"640\" tg-height=\"165\" referrerpolicy=\"no-referrer\"><span>Source: TIKR.com</span></p>\n<p>The share count has nearly doubled in the past decade, which is pretty ugly from a shareholders’ perspective, as we usually only see this kind of dilution with REITs or BDCs that issue equity capital as a normal course of business. Manufacturing stocks don’t generally do anything like this, but Tesla has made it work. Still, you have to imagine it is possible that over a decade holding period, you’ll be diluted out of half of your ownership in the company. This also creates an uphill battle for EPS as earnings are spread over more and more shares, so I want to be clear this is an unequivocal negative for shareholders. However, let me now point you to what could possibly be the saving grace for this perma-dilution; free cash flow.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0569f35589cc0f82bb006148271df19b\" tg-width=\"640\" tg-height=\"170\" referrerpolicy=\"no-referrer\"><span>Source: TIKR.com</span></p>\n<p>Tesla’s trailing-twelve-months FCF has improved immensely in recent years, as the company is producing massive amounts of operating cash flow that it never did before, which is owed once again to sales volume and margin growth. Tesla has surpassed the point where it needs to constantly issue capital just to survive because it is creating its own through its operations. This is massively important for the bull case because it means the dilution we’ve seen in recent years<i>shouldn’t</i>be necessary any longer.</p>\n<p>Indeed, if we look at net debt, we can see just how much Tesla’s balance sheet has improved, which again supports not having to dilute shareholders to stay afloat.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/49fa413fc33c85d7269e987b2c11c888\" tg-width=\"640\" tg-height=\"169\" referrerpolicy=\"no-referrer\"><span>Source: TIKR.com</span></p>\n<p>Net debt has turned into a net cash position of late, with Tesla having nearly $5 billion in cash and equivalents more than debt. Tesla’s financing situation has improved enormously, and that’s good for those of us that are bullish.</p>\n<p><b>Is it cheap?</b></p>\n<p>Not really. But then again revolutionary companies rarely are. The good news is that the price-to-sales ratio has halved since the peak earlier this year, but at 11x forward revenue, I cannot in good conscience call it cheap.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ca2d9f38636872d9d508e096e9ac8af8\" tg-width=\"640\" tg-height=\"189\" referrerpolicy=\"no-referrer\"><span>Source: TIKR.com</span></p>\n<p>However, it is a lot cheaper than it was, and withrevenueslated to rise by more than half this year, and then<i>double</i>again by 2024, you don’t need the multiple to rise for a bullish outlook.</p>\n<p>I’ll reiterate that there are risks to Tesla. The daily chart is leaning slightly bearish with that descending triangle, but we’re heading into the pre-earnings run-up that Tesla<i>usually</i>shines during. The weekly chart is showing signs of digestion rather than rolling over. There are competitive risks that aren’t new and will never go way, but the company is still building great EVs that are resonating with customers. Margins and FCF are booming comparatively speaking, and the stock is at roughly half the valuation it was a few months ago.</p>\n<p>All in all, Tesla almost certainly has a rocky road in front of it, but I’m still bullish given the weight of the evidence.</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>Tesla: A Lesson In Humility</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: A Lesson In Humility\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 11:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436295-tesla-a-lesson-in-humility><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla shares have pulled well back in a months-long period of weakness.\nWith earnings coming up, there looks to be a showdown of bulls and bears on the near-term horizon.\nI see Tesla's ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436295-tesla-a-lesson-in-humility\">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://seekingalpha.com/article/4436295-tesla-a-lesson-in-humility","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1176854050","content_text":"Summary\n\nTesla shares have pulled well back in a months-long period of weakness.\nWith earnings coming up, there looks to be a showdown of bulls and bears on the near-term horizon.\nI see Tesla's fundamentals - and valuation - as having improved massively in recent months, and I'm therefore still quite bullish.\n\nAdrianHancu/iStock Editorial via Getty Images\nSometimes in investing, our thesis, no matter how much we believe in it, doesn’t work. I’ve experienced that countless times personally, and I think pretty much everyone who tries their hand at growing capital through the financial markets does as well. The important thing is not to fall in love with a stock and let it destroy your portfolio, and in the case of EV mothershipTesla(TSLA), I certainly had my fair share of practice at letting go of a failed thesis recently.\nBack inearly April, I said it was time to buy Tesla based upon its fairly reliable history of running higher into earnings announcements. The stock was at $691 at the time and did move higher in the next couple of weeks, but as we can see from the below, the move didn’t stick. That caused me to rethink my position in the short-term with Tesla, and now that we are four weeks out from the next earnings report, we have a different situation on our hands.\nSource: StockCharts\nI’ve annotated several things on the daily chart because the situation is quite interesting for Tesla during this critical period leading up to the next earnings release. The first thing I’ll note is that the accumulation/distribution line remains very strong, having never wavered from its prior levels achieved during the massive rally that took place mostly in 2020. That’s a good sign because the bulls and bears remain roughly equally matched despite a share price that has given the bulls every reason to move on.\nMomentum is more of a mixed picture because the PPO and 14-day RSI are both showing some signs of positive divergence, but also signs that bullish momentum is nowhere near high enough to push the stock into another rally phase. On the divergence side, momentum is gradually moving higher while the share price bounces around, indicating that the worst of the selling is likely done, but that we’re in a digestion period. The 14-day RSI hasn’t yet crested the centerline in earnest, which again means that bullish momentum is fairly weak.\nOverall, I’d say momentum is showing what you might expect at this stage, which is that the selling pressure has abated, but we’re not in rally mode. Yet.\nFinally, the elephant in the room is the descending triangle I noted above, and I’ve added some extra bars at the end of the chart to show what the resolution of the triangle might look like. We can see at the current slope of the line that the triangle will likely resolve near the end of July, which just so happens to coincide with the earnings release. This is a bearish pattern so I don’t want to make everything seem like sunshine and lollipops, but the rest of the chart is mixed, so we’ll have to wait and see.\nThe earnings report, in my view, is going to be the catalyst one way or the other for the breakout from the triangle. Which direction it will go is anyone’s guess, but I’d be ready for a wild reaction to the earnings release in July.\nIf we look at a weekly chart, I see a much rosier picture.\nSource: StockCharts\nWe can see that the stock ran up massively in 2020 and took with it the accumulation/distribution line, as well as the momentum indicators, as you’d expect. But since the selling began, we see signs that the stock has simply worked off its overbought conditions, which looks bullish to me.\nThe 50-week moving average has served as support during this consolidation phase, and it currently stands at $575, so I’d watch that level if we see more selling. On the plus side, the accumulation/distribution line looks beautiful and again, is supportive of this selling being a digestion period rather than the end of the bull market for Tesla.\nMomentum would seem to support that as well, as the PPO and 14-week RSI are back at centerline support. What happens after this is critical, obviously, but the weekly chart doesn’t show Tesla as breaking down on a longer-term basis. The negative divergences we saw since 2020 began have given way to momentum resetting, which often happens before a new bull phase begins. With the earnings report looming in July, and the daily and weekly charts showing different pictures (at least to my eye), it’s going to be an interesting next four weeks for sure.\nFundamentals still bullish\nI’d sum up the chart as having a short-term set of challenges for the bulls, but longer-term, I still see Tesla going higher. On a fundamental basis, I think the conclusion is decidedly more bullish. Let’s start with revenue revisions, which have been nothing short of terrific.\nSource:Seeking Alpha\nAll years are showing uptrends in revenue revisions, and in particular, the out years. Let us not forget that these positive revisions are occurring during a time when countless startups and internal combustion engine OGs like GM (GM), Ford (F) and Volkswagen (OTCPK:VWAGY) are investing tens of billions of dollars to take market share in EVs. None of this is new and it isn’t like the analyst community is surprised by these investments; Tesla is simply on a tremendous upward trajectory when it comes to growing revenue.\nCanaccordpointed out last week that the Model S Plaid Plus delay was likely due to the 4680 cell design not being ready for prime time. That very well could be the case, and it wouldn’t be the first time Tesla disappointed with a time frame it gave investors. Remember therobo-taxi claim?\nAt any rate, the company’s lineup continues to resonate with customers and now that capacity constraints should lessen greatly over the coming years – new factories in a few parts of the world will help – the path of least resistance for Tesla is no doubt higher. This will only get better as Tesla can decrease the per-unit cost of things like the batteries so it can better compete with mainstream automakers on price, and become a mainstream automaker rather than a niche manufacturer for the well-heeled.\nAnother thing scale is affording Tesla is monumental progress with profit margins. Below we have trailing-twelve-months gross margins, SG&A costs, and EBIT margin as a percentage of revenue.\nSource: TIKR.com\nAll three of these lines are moving in the right direction. Gross margins have been rising thanks to higher sales and production volumes, a trend that should continue so long as sales remain robust. In addition, Tesla is spending much less on an SG&A basis than it used to, which again, is the product of higher sales volume. SG&A used to be in the mid-20% range of revenue, which is unsustainable. Today, it’s only 10%, which means operating margins have gone quite positive, and with room to run in the future.\nMargins have always been an easy thing for the bears to point to, but that is simply no longer the case, and if you have a long holding period, the margin situation is going to work out in the bulls’ favor.\nSource:Seeking Alpha\nThis is all pointing to ever-higher EPS estimates, as we can see above. Analysts continue to try and keep up with Tesla’s upward trajectory, and so long as sales volumes and margins continue their march higher, so will these lines. Again, this is a feather in the cap of the bulls.\nOther considerations\nTesla is not for the faint of heart, because it is volatile and we are at a point in the history of the automobile that an EV gold rush of sorts is occurring. Everyone is investing to win once the internal combustion engine is gone, but Tesla has a massive head start on the competition.\nEven so, there are risks to consider. First, Tesla could lose its technology lead over time as legacy manufacturers throw tens of billions of dollars at R&D on battery technology. Tesla is far and away the superior battery maker today, but that does not guarantee it stays that way. To be clear, I don’t see that as a viable outcome in the near-term, but ten years from now? Twenty? It's a risk.\nAnother risk is that Tesla uses its stock as a piggy bank, issuing shares to fund R&D, factory construction, and the like.\nSource: TIKR.com\nThe share count has nearly doubled in the past decade, which is pretty ugly from a shareholders’ perspective, as we usually only see this kind of dilution with REITs or BDCs that issue equity capital as a normal course of business. Manufacturing stocks don’t generally do anything like this, but Tesla has made it work. Still, you have to imagine it is possible that over a decade holding period, you’ll be diluted out of half of your ownership in the company. This also creates an uphill battle for EPS as earnings are spread over more and more shares, so I want to be clear this is an unequivocal negative for shareholders. However, let me now point you to what could possibly be the saving grace for this perma-dilution; free cash flow.\nSource: TIKR.com\nTesla’s trailing-twelve-months FCF has improved immensely in recent years, as the company is producing massive amounts of operating cash flow that it never did before, which is owed once again to sales volume and margin growth. Tesla has surpassed the point where it needs to constantly issue capital just to survive because it is creating its own through its operations. This is massively important for the bull case because it means the dilution we’ve seen in recent yearsshouldn’tbe necessary any longer.\nIndeed, if we look at net debt, we can see just how much Tesla’s balance sheet has improved, which again supports not having to dilute shareholders to stay afloat.\nSource: TIKR.com\nNet debt has turned into a net cash position of late, with Tesla having nearly $5 billion in cash and equivalents more than debt. Tesla’s financing situation has improved enormously, and that’s good for those of us that are bullish.\nIs it cheap?\nNot really. But then again revolutionary companies rarely are. The good news is that the price-to-sales ratio has halved since the peak earlier this year, but at 11x forward revenue, I cannot in good conscience call it cheap.\nSource: TIKR.com\nHowever, it is a lot cheaper than it was, and withrevenueslated to rise by more than half this year, and thendoubleagain by 2024, you don’t need the multiple to rise for a bullish outlook.\nI’ll reiterate that there are risks to Tesla. The daily chart is leaning slightly bearish with that descending triangle, but we’re heading into the pre-earnings run-up that Teslausuallyshines during. The weekly chart is showing signs of digestion rather than rolling over. There are competitive risks that aren’t new and will never go way, but the company is still building great EVs that are resonating with customers. Margins and FCF are booming comparatively speaking, and the stock is at roughly half the valuation it was a few months ago.\nAll in all, Tesla almost certainly has a rocky road in front of it, but I’m still bullish given the weight of the evidence.","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":147382431,"gmtCreate":1626335423023,"gmtModify":1703758113215,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Hell yeah babyNot leaving you anytime soon","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Hell yeah babyNot leaving you anytime soon","text":"$BlackBerry(BB)$Hell yeah babyNot leaving you anytime soon","images":[{"img":"https://static.tigerbbs.com/e0db85228eb24da7f0f00118391f126d","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":1,"link":"https://ttm.financial/post/147382431","isVote":1,"tweetType":1,"viewCount":722,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":114610513,"gmtCreate":1623071887632,"gmtModify":1704195426312,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Lets Fkn Gooooo!!! BB","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Lets Fkn Gooooo!!! BB","text":"$BlackBerry(BB)$Lets Fkn Gooooo!!! BB","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/114610513","isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810844029,"gmtCreate":1629967006361,"gmtModify":1676530186694,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>LOL this was just a mini squeeze. Its going back 9-10 again FeelsBadMan","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>LOL this was just a mini squeeze. Its going back 9-10 again FeelsBadMan","text":"$BlackBerry(BB)$LOL this was just a mini squeeze. Its going back 9-10 again FeelsBadMan","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/810844029","isVote":1,"tweetType":1,"viewCount":578,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574968450404111","authorId":"3574968450404111","name":"Bloomberg Markets","avatar":"https://community-static.tradeup.com/news/f516c34a4c299ef7bfa6036707b67c4a","crmLevel":8,"crmLevelSwitch":1,"idStr":"3574968450404111","authorIdStr":"3574968450404111"},"content":"If you treat buying stocks as gambling, You will never be rich. Investing is about long term 2-3 years of waiting or more. Warren Buffet average stock holding time frame is 5-7 years","text":"If you treat buying stocks as gambling, You will never be rich. Investing is about long term 2-3 years of waiting or more. Warren Buffet average stock holding time frame is 5-7 years","html":"If you treat buying stocks as gambling, You will never be rich. Investing is about long term 2-3 years of waiting or more. Warren Buffet average stock holding time frame is 5-7 years"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122567035,"gmtCreate":1624628318527,"gmtModify":1703842114892,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>going down….. down down down!!!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>going down….. down down down!!!!&nbsp;","text":"$BlackBerry(BB)$going down….. down down down!!!!","images":[{"img":"https://static.tigerbbs.com/79e9ec61e4eed94a083d4bac86a8e3f1","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/122567035","isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3584079476763661","authorId":"3584079476763661","name":"BC91","avatar":"https://static.tigerbbs.com/6516d84f1776fef95165668dbf4f7444","crmLevel":1,"crmLevelSwitch":0,"idStr":"3584079476763661","authorIdStr":"3584079476763661"},"content":"[Tears] [Tears]","text":"[Tears] [Tears]","html":"[Tears] [Tears]"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":171052023,"gmtCreate":1626698590862,"gmtModify":1703763532437,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"Like pls and comment pls","listText":"Like pls and comment pls","text":"Like pls and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/171052023","repostId":"1135910714","repostType":4,"repost":{"id":"1135910714","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626692784,"share":"https://ttm.financial/m/news/1135910714?lang=&edition=fundamental","pubTime":"2021-07-19 19:06","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1135910714","media":"Tiger Newspress","summary":"The morning sell-off in stock futures is accelerating.\nPershing Square Tontine Holdings, Tesla Motor","content":"<ul>\n <li>The morning sell-off in stock futures is accelerating.</li>\n <li>Pershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.</li>\n <li>Oil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</li>\n</ul>\n<p>(July&nbsp;19)&nbsp;U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.</p>\n<p>At 8:09 a.m. ET,Futures for the S&amp;P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-100 fell 0.89%.</p>\n<p><img src=\"https://static.tigerbbs.com/78212dd3d7e6d2af95d4495fa43cf583\" tg-width=\"1242\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>\n<p>Surging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.</p>\n<p>“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.</p>\n<p>Business reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.</p>\n<p>Airlines and oil-and-gas companies were among the worst performers ahead of the bell in <a href=\"https://laohu8.com/S/NWY\">New York</a>.<a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleumlost 4.1%, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a> 3.6%,<a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group2.3% and $Delta <a href=\"https://laohu8.com/S/AIRI\">Air</a> Lines(DAL)$ 2.2%.</p>\n<p>One bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. <a href=\"https://laohu8.com/S/ZM\">Zoom</a> shares slipped 2% in premarket trading.</p>\n<p>Worries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.</p>\n<p>Potential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand <a href=\"https://laohu8.com/S/JE\">Just</a> Eat Takeaway.com ticked higher.</p>\n<p>Among other stocks, Paris-listedVivendifell 1.2%. <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein <a href=\"https://laohu8.com/S/UVV\">Universal</a> Music Group. Mr. Ackman’s <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> said it would take a large stake in <a href=\"https://laohu8.com/S/UVV\">Universal</a>, which is majority owned by Vivendi, instead.</p>\n<p>Italian luxury fashion house Ermenegildo Zegna will go public on the <a href=\"https://laohu8.com/S/NYRT\">New York</a> Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in <a href=\"https://laohu8.com/S/NGD\">New</a> York.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b><a href=\"https://laohu8.com/S/PSTH.U\">Pershing Square Tontine Holdings</a>:&nbsp;</b>Billionaire investor William Ackman’s <a href=\"https://laohu8.com/S/PSTH\">Pershing Square Tontine Holdings</a> has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.</p>\n<p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> :&nbsp;</b>On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e2886cd35d2ac9d0ed7cf4d9056c678a\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a>:&nbsp;</b>Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/bbc962c414c77edbe87597c447261cac\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a>: </b>Johnson &amp; Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&amp;J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.</p>\n<p><img src=\"https://static.tigerbbs.com/ea35138cf94432dfdcd08c1528620d42\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p>In Asia, technology giants <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned <a href=\"https://laohu8.com/S/AFG\">American</a> companies about the increasingrisks of operating in the financial hub.</p>\n<p>Japan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.</p>\n<p>David Chao, a market strategist at <a href=\"https://laohu8.com/S/IVZ\">Invesco</a>, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.</p>\n<p>Mr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.</p>\n<p><b>In FX, </b>the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust &amp; Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.</p>\n<p><b>Oil extended losses, </b>with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</p>\n<p>Gold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-19 19:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>The morning sell-off in stock futures is accelerating.</li>\n <li>Pershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.</li>\n <li>Oil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</li>\n</ul>\n<p>(July&nbsp;19)&nbsp;U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.</p>\n<p>At 8:09 a.m. ET,Futures for the S&amp;P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-100 fell 0.89%.</p>\n<p><img src=\"https://static.tigerbbs.com/78212dd3d7e6d2af95d4495fa43cf583\" tg-width=\"1242\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>\n<p>Surging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.</p>\n<p>“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.</p>\n<p>Business reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.</p>\n<p>Airlines and oil-and-gas companies were among the worst performers ahead of the bell in <a href=\"https://laohu8.com/S/NWY\">New York</a>.<a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleumlost 4.1%, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a> 3.6%,<a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group2.3% and $Delta <a href=\"https://laohu8.com/S/AIRI\">Air</a> Lines(DAL)$ 2.2%.</p>\n<p>One bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. <a href=\"https://laohu8.com/S/ZM\">Zoom</a> shares slipped 2% in premarket trading.</p>\n<p>Worries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.</p>\n<p>Potential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand <a href=\"https://laohu8.com/S/JE\">Just</a> Eat Takeaway.com ticked higher.</p>\n<p>Among other stocks, Paris-listedVivendifell 1.2%. <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein <a href=\"https://laohu8.com/S/UVV\">Universal</a> Music Group. Mr. Ackman’s <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> said it would take a large stake in <a href=\"https://laohu8.com/S/UVV\">Universal</a>, which is majority owned by Vivendi, instead.</p>\n<p>Italian luxury fashion house Ermenegildo Zegna will go public on the <a href=\"https://laohu8.com/S/NYRT\">New York</a> Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in <a href=\"https://laohu8.com/S/NGD\">New</a> York.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b><a href=\"https://laohu8.com/S/PSTH.U\">Pershing Square Tontine Holdings</a>:&nbsp;</b>Billionaire investor William Ackman’s <a href=\"https://laohu8.com/S/PSTH\">Pershing Square Tontine Holdings</a> has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.</p>\n<p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> :&nbsp;</b>On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e2886cd35d2ac9d0ed7cf4d9056c678a\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a>:&nbsp;</b>Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/bbc962c414c77edbe87597c447261cac\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a>: </b>Johnson &amp; Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&amp;J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.</p>\n<p><img src=\"https://static.tigerbbs.com/ea35138cf94432dfdcd08c1528620d42\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p>In Asia, technology giants <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned <a href=\"https://laohu8.com/S/AFG\">American</a> companies about the increasingrisks of operating in the financial hub.</p>\n<p>Japan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.</p>\n<p>David Chao, a market strategist at <a href=\"https://laohu8.com/S/IVZ\">Invesco</a>, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.</p>\n<p>Mr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.</p>\n<p><b>In FX, </b>the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust &amp; Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.</p>\n<p><b>Oil extended losses, </b>with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</p>\n<p>Gold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135910714","content_text":"The morning sell-off in stock futures is accelerating.\nPershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.\nOil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.\n\n(July 19) U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.\nAt 8:09 a.m. ET,Futures for the S&P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused Nasdaq-100 fell 0.89%.\n\nSurging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.\n“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.\nBusiness reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.\nAirlines and oil-and-gas companies were among the worst performers ahead of the bell in New York.Occidental Petroleumlost 4.1%, ConocoPhillips 3.6%,American Airlines Group2.3% and $Delta Air Lines(DAL)$ 2.2%.\nOne bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. Zoom shares slipped 2% in premarket trading.\nWorries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.\nPotential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand Just Eat Takeaway.com ticked higher.\nAmong other stocks, Paris-listedVivendifell 1.2%. Pershing Square Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein Universal Music Group. Mr. Ackman’s Pershing Square said it would take a large stake in Universal, which is majority owned by Vivendi, instead.\nItalian luxury fashion house Ermenegildo Zegna will go public on the New York Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in New York.\nStocks making the biggest moves premarket:\nPershing Square Tontine Holdings: Billionaire investor William Ackman’s Pershing Square Tontine Holdings has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.\nTesla Motors : On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a one-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket trading.\n\nXPeng Inc.: Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket trading.\n\nJohnson & Johnson: Johnson & Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.\n\nIn Asia, technology giants Alibaba and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned American companies about the increasingrisks of operating in the financial hub.\nJapan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.\nDavid Chao, a market strategist at Invesco, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.\nMr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.\nIn FX, the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust & Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.\nOil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.\nGold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145415723,"gmtCreate":1626237030762,"gmtModify":1703756107653,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Nice","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Nice","text":"$BlackBerry(BB)$Nice","images":[{"img":"https://static.tigerbbs.com/3fd90141027e1824d5c1e8cfc0ad44c8","width":"1284","height":"2457"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/145415723","isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3570425292712247","authorId":"3570425292712247","name":"bensonquek","avatar":"https://static.tigerbbs.com/da253494b3814a60159028eca9e64051","crmLevel":7,"crmLevelSwitch":1,"idStr":"3570425292712247","authorIdStr":"3570425292712247"},"content":"Dont worry will go back to $14 soon","text":"Dont worry will go back to $14 soon","html":"Dont worry will go back to $14 soon"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":129605705,"gmtCreate":1624370163407,"gmtModify":1703834682361,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Are you kidding me? What is wrong with this stock????&nbsp;","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Are you kidding me? What is wrong with this stock????&nbsp;","text":"$BlackBerry(BB)$Are you kidding me? What is wrong with this stock????","images":[{"img":"https://static.tigerbbs.com/3205e542a04d3108e1dc4450700dfbd5","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/129605705","isVote":1,"tweetType":1,"viewCount":508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":169748186,"gmtCreate":1623852056045,"gmtModify":1703821430061,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Someone just help this stock. Where are the bulls?&nbsp;","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Someone just help this stock. Where are the bulls?&nbsp;","text":"$BlackBerry(BB)$Someone just help this stock. Where are the bulls?","images":[{"img":"https://static.tigerbbs.com/09f80882fe6ec3a6ed439e93bb6def25","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/169748186","isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582450669831192","authorId":"3582450669831192","name":"LilBaby","avatar":"https://static.tigerbbs.com/99e7f1881456845a38ec1cfbc4ba10e1","crmLevel":1,"crmLevelSwitch":0,"idStr":"3582450669831192","authorIdStr":"3582450669831192"},"content":"I bought at the same price as u but cut my losses at 13.80, Couldnt take it alr. It will take very long to return home.","text":"I bought at the same price as u but cut my losses at 13.80, Couldnt take it alr. It will take very long to return home.","html":"I bought at the same price as u but cut my losses at 13.80, Couldnt take it alr. It will take very long to return home."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":189816936,"gmtCreate":1623250765525,"gmtModify":1704199441754,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>HODL","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>HODL","text":"$BlackBerry(BB)$HODL","images":[{"img":"https://static.tigerbbs.com/756c66e338d3b0f897ab9e5e0e6398a9","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/189816936","isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":134085648,"gmtCreate":1622192784284,"gmtModify":1704181215089,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Hold? Yay Or Nay?&nbsp;","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Hold? Yay Or Nay?&nbsp;","text":"$GameStop(GME)$Hold? Yay Or Nay?","images":[{"img":"https://static.tigerbbs.com/ce40f7cca27ab24056a8bdd2eed8ddf4","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/134085648","isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579443506877532","authorId":"3579443506877532","name":"DCFDTL","avatar":"https://static.tigerbbs.com/f4994f00e631fa01e290aad0ee3370dd","crmLevel":2,"crmLevelSwitch":0,"idStr":"3579443506877532","authorIdStr":"3579443506877532"},"content":"food stamps or lambo just hold","text":"food stamps or lambo just hold","html":"food stamps or lambo just hold"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":100645237,"gmtCreate":1619613202129,"gmtModify":1704726779176,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/INTC\">$Intel(INTC)$</a>YOLO on INTCTime has come.. Dip is real and good.Come come!!! Board the Hype train of INTC!!!! Choooo Chooooo","listText":"<a href=\"https://laohu8.com/S/INTC\">$Intel(INTC)$</a>YOLO on INTCTime has come.. Dip is real and good.Come come!!! Board the Hype train of INTC!!!! Choooo Chooooo","text":"$Intel(INTC)$YOLO on INTCTime has come.. Dip is real and good.Come come!!! Board the Hype train of INTC!!!! Choooo Chooooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/100645237","isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838665734,"gmtCreate":1629394447228,"gmtModify":1676530028016,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Just go bankrupt you trash stock","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Just go bankrupt you trash stock","text":"$BlackBerry(BB)$Just go bankrupt you trash stock","images":[{"img":"https://static.tigerbbs.com/2fd67dd47ba2b70a8fbfbf1f4711aae7","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838665734","isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":167729957,"gmtCreate":1624285409379,"gmtModify":1703832508586,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Go down more. So I can buy more.&nbsp;","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Go down more. So I can buy more.&nbsp;","text":"$BlackBerry(BB)$Go down more. So I can buy more.","images":[{"img":"https://static.tigerbbs.com/047496ecbdd628067b4673a4f8c54694","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/167729957","isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":194330801,"gmtCreate":1621341078703,"gmtModify":1704356052962,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"Xpeng to the moon!!","listText":"Xpeng to the moon!!","text":"Xpeng to the moon!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/194330801","repostId":"1165616255","repostType":4,"repost":{"id":"1165616255","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":1621339952,"share":"https://ttm.financial/m/news/1165616255?lang=&edition=fundamental","pubTime":"2021-05-18 20:12","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1165616255","media":"Tiger Newspress","summary":"Walmart, Macy’s up after results; Nasdaq 100 futures climbBrent hovers around $70 a barrel as Treasu","content":"<ul><li>Walmart, Macy’s up after results; Nasdaq 100 futures climb</li></ul><ul><li>Brent hovers around $70 a barrel as Treasuries are steady</li></ul><p>U.S. futures rose with stocks Tuesday as optimism that economic reopenings will boost growth outweighed concern about a pick-up in virus cases in parts of Asia. The dollar dipped and oil gained.</p><p>At 8:05 a.m. ET, Dow e-minis were up 66 points, or 0.19%, S&amp;P 500 e-minis were up 8.25 points, or 0.2%, and Nasdaq 100 e-minis were up 73.75 points, or 0.55%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/760bc03c8d19faca715c9a9832e4e385\" tg-width=\"1080\" tg-height=\"385\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p><p>The dollar fell toward a four-month low, while U.S. 10-year Treasuries were steady as investors awaited key housing data ahead of minutes due Wednesday from the Federal Reserve’s last meeting. Brent crude at one point&nbsp;topped&nbsp;$70 a barrel in London for the first time since March on signs that reopenings are boosting demand.</p><p>Retailers Walmart Inc. and Macy’s Inc. climbed in premarket trading after&nbsp;raising&nbsp;their full-year guidance, while Home Depot Inc. gained as its&nbsp;results&nbsp;beat estimates.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>Macy’s&nbsp;(M) </b>– The retailer&nbsp;earned 39 cents a share&nbsp;for the first quarter, including 1 cent a share from real estate-related gains, compared to expectations of a 41 cents per share loss. The retailer’s revenue topped estimates as well amid a better than 60% surge in comparable-store sales. The company also raised its full-year forecast. Macy’s shares rallied 5.5% in the premarket.</p><p><b>Home Depot&nbsp;(HD) </b>– The home improvement retailer&nbsp;reported first-quarter earnings of $3.86 per share, beating the consensus estimate of $3.08 a share. Revenue also topped Wall Street forecasts, as comparable-store sales rose a better-than-expected 31%. Analysts surveyed by FactSet had expected a 20.2% increase in comparable-store sales. Home Depot shares gained 2% in premarket trading.</p><p><b>Walmart&nbsp;(WMT) </b>– Walmart&nbsp;earned $1.69 per share&nbsp;for the first quarter, compared to a consensus estimate of $1.21 a share. Revenue also beat analysts’ projections. U.S. comparable-store sales rose 6% compared with a FactSet estimate of 0.9%. Walmart also raised its second-quarter and full-year outlook. Walmart shares rose 3.4% in premarket action.</p><p><b>Tesla&nbsp;(TSLA)</b> – Tesla shares sank 1% in premarket trading after falling 1.4% Monday for its fifth decline in six sessions. That followed news that investor Michael Burry of “The Big Short” fame&nbsp;had made a short bet&nbsp;against the automaker worth $534 billion.</p><p><b>Baidu&nbsp;(BIDU) </b>–&nbsp;China's Baidu Inc gained 3% after reporting a 25% rise in quarterly revenue, powered by advertising on its core search and video-streaming platforms.</p><p><b>SEA&nbsp;(SE)</b>&nbsp;–Sea reported quarterly losses of $(0.62) per share which missed the analyst consensus estimate of $(0.53) by 16.98 percent. This is a 19.23 percent decrease over losses of $(0.52) per share from the same period last year. The company reported quarterly sales of $1.80 billion which missed the analyst consensus estimate of $1.81 billion by 0.55 percent. This is a 96.95 percent increase over sales of $913.92 million the same period last year.Sea&nbsp;stock&nbsp;tumbled&nbsp;3%&nbsp;&nbsp;in premarket trading.</p><p><b>Fisker&nbsp;(FSR) </b>– Fisker lost 11 cents per share during the first quarter, less than the 19 cents a share loss expected by analysts. The electric vehicle maker did not have any revenue during the quarter, as expected, but the stock came under pressure after Fisker left its capital spending forecast unchanged for the year. Fisker shares slipped 1% in the premarket.</p><p><b>Toyota&nbsp;(TM)</b> – Toyota stock hit a record high in Japanese market trading, surpassing the previous record set in 2015. Toyota has regained favor with investors, after forecasting a return to pre-pandemic profitability levels and dealing successfully with the global semiconductor shortage.</p><p><b>MGM Holdings&nbsp;(MGMB)</b> –Amazon.com&nbsp;(AMZN) is in talks to buy the MGM film studio, according to multiple reports. Sources say the price being discussed is in the $7 billion to $9 billion range, as Amazon looks to beef up its video library.</p><p><b>Tencent Music Entertainment&nbsp;(TME)</b> – Tencent Music reported better-than-expected profit and sales for its latest quarter, thanks to growth in subscribership and improved ad revenue for its music streaming platform.</p><p><b>Berkshire Hathaway&nbsp;(BRK.B)</b> – Berkshire took a $943 million stake in insurance company&nbsp;Aon&nbsp;(AON), according to Berkshire’s quarterly filing. Berkshire also sold big chunks of its holdings in&nbsp;Wells Fargo&nbsp;(WFC) and&nbsp;Chevron&nbsp;(CVX). Aon added 1.5% in the premarket.</p><p><b>Eastman Kodak&nbsp;(KODK) </b>– Eastman Kodak could be hit with an insider trading lawsuit by New York State Attorney General Letitia James, according to both the company and people familiar with the matter who spoke to Reuters. The case involves stock purchases made by Kodak’s chief executive ahead of the announcement of a $765 drug ingredients deal with the U.S. government. Eastman Kodak shares fell 1.9% in premarket trading.</p><p><b>Twilio&nbsp;(TWLO)</b> – Twilio added 1.5% in premarket action after it struck a deal to buy business text messaging company Zipwhip for about $850 million in cash and stock. Zipwhip will become part of the cloud computing company’s Messaging Business unit.</p><p><b>Canadian National Railway&nbsp;(CNI) </b>– Canadian National hit a procedural snag in its bid to buy U.S. rail operator&nbsp;Kansas City Southern&nbsp;(KSU). The U.S. Surface Transportation rejected Canadian National’s submission because it did not include a detailed merger agreement. Canadian National said it would resubmit its plan along with the required additional information, and called the rejection a minor setback. Canadian National added 1.4% in premarket trading.</p><p><b>Chargepoint Holdings(CHPT),Blink Charging Co(BLNK)</b><b>&nbsp;</b>–&nbsp;Shares of EV charging equipment makers Chargepoint Holdings&nbsp;and Blink Charging Co&nbsp;gained 1.2% and 1% as President Joe Biden was set to make the case for his $174 billion electric vehicle plan on Tuesday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-18 20:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Walmart, Macy’s up after results; Nasdaq 100 futures climb</li></ul><ul><li>Brent hovers around $70 a barrel as Treasuries are steady</li></ul><p>U.S. futures rose with stocks Tuesday as optimism that economic reopenings will boost growth outweighed concern about a pick-up in virus cases in parts of Asia. The dollar dipped and oil gained.</p><p>At 8:05 a.m. ET, Dow e-minis were up 66 points, or 0.19%, S&amp;P 500 e-minis were up 8.25 points, or 0.2%, and Nasdaq 100 e-minis were up 73.75 points, or 0.55%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/760bc03c8d19faca715c9a9832e4e385\" tg-width=\"1080\" tg-height=\"385\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p><p>The dollar fell toward a four-month low, while U.S. 10-year Treasuries were steady as investors awaited key housing data ahead of minutes due Wednesday from the Federal Reserve’s last meeting. Brent crude at one point&nbsp;topped&nbsp;$70 a barrel in London for the first time since March on signs that reopenings are boosting demand.</p><p>Retailers Walmart Inc. and Macy’s Inc. climbed in premarket trading after&nbsp;raising&nbsp;their full-year guidance, while Home Depot Inc. gained as its&nbsp;results&nbsp;beat estimates.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>Macy’s&nbsp;(M) </b>– The retailer&nbsp;earned 39 cents a share&nbsp;for the first quarter, including 1 cent a share from real estate-related gains, compared to expectations of a 41 cents per share loss. The retailer’s revenue topped estimates as well amid a better than 60% surge in comparable-store sales. The company also raised its full-year forecast. Macy’s shares rallied 5.5% in the premarket.</p><p><b>Home Depot&nbsp;(HD) </b>– The home improvement retailer&nbsp;reported first-quarter earnings of $3.86 per share, beating the consensus estimate of $3.08 a share. Revenue also topped Wall Street forecasts, as comparable-store sales rose a better-than-expected 31%. Analysts surveyed by FactSet had expected a 20.2% increase in comparable-store sales. Home Depot shares gained 2% in premarket trading.</p><p><b>Walmart&nbsp;(WMT) </b>– Walmart&nbsp;earned $1.69 per share&nbsp;for the first quarter, compared to a consensus estimate of $1.21 a share. Revenue also beat analysts’ projections. U.S. comparable-store sales rose 6% compared with a FactSet estimate of 0.9%. Walmart also raised its second-quarter and full-year outlook. Walmart shares rose 3.4% in premarket action.</p><p><b>Tesla&nbsp;(TSLA)</b> – Tesla shares sank 1% in premarket trading after falling 1.4% Monday for its fifth decline in six sessions. That followed news that investor Michael Burry of “The Big Short” fame&nbsp;had made a short bet&nbsp;against the automaker worth $534 billion.</p><p><b>Baidu&nbsp;(BIDU) </b>–&nbsp;China's Baidu Inc gained 3% after reporting a 25% rise in quarterly revenue, powered by advertising on its core search and video-streaming platforms.</p><p><b>SEA&nbsp;(SE)</b>&nbsp;–Sea reported quarterly losses of $(0.62) per share which missed the analyst consensus estimate of $(0.53) by 16.98 percent. This is a 19.23 percent decrease over losses of $(0.52) per share from the same period last year. The company reported quarterly sales of $1.80 billion which missed the analyst consensus estimate of $1.81 billion by 0.55 percent. This is a 96.95 percent increase over sales of $913.92 million the same period last year.Sea&nbsp;stock&nbsp;tumbled&nbsp;3%&nbsp;&nbsp;in premarket trading.</p><p><b>Fisker&nbsp;(FSR) </b>– Fisker lost 11 cents per share during the first quarter, less than the 19 cents a share loss expected by analysts. The electric vehicle maker did not have any revenue during the quarter, as expected, but the stock came under pressure after Fisker left its capital spending forecast unchanged for the year. Fisker shares slipped 1% in the premarket.</p><p><b>Toyota&nbsp;(TM)</b> – Toyota stock hit a record high in Japanese market trading, surpassing the previous record set in 2015. Toyota has regained favor with investors, after forecasting a return to pre-pandemic profitability levels and dealing successfully with the global semiconductor shortage.</p><p><b>MGM Holdings&nbsp;(MGMB)</b> –Amazon.com&nbsp;(AMZN) is in talks to buy the MGM film studio, according to multiple reports. Sources say the price being discussed is in the $7 billion to $9 billion range, as Amazon looks to beef up its video library.</p><p><b>Tencent Music Entertainment&nbsp;(TME)</b> – Tencent Music reported better-than-expected profit and sales for its latest quarter, thanks to growth in subscribership and improved ad revenue for its music streaming platform.</p><p><b>Berkshire Hathaway&nbsp;(BRK.B)</b> – Berkshire took a $943 million stake in insurance company&nbsp;Aon&nbsp;(AON), according to Berkshire’s quarterly filing. Berkshire also sold big chunks of its holdings in&nbsp;Wells Fargo&nbsp;(WFC) and&nbsp;Chevron&nbsp;(CVX). Aon added 1.5% in the premarket.</p><p><b>Eastman Kodak&nbsp;(KODK) </b>– Eastman Kodak could be hit with an insider trading lawsuit by New York State Attorney General Letitia James, according to both the company and people familiar with the matter who spoke to Reuters. The case involves stock purchases made by Kodak’s chief executive ahead of the announcement of a $765 drug ingredients deal with the U.S. government. Eastman Kodak shares fell 1.9% in premarket trading.</p><p><b>Twilio&nbsp;(TWLO)</b> – Twilio added 1.5% in premarket action after it struck a deal to buy business text messaging company Zipwhip for about $850 million in cash and stock. Zipwhip will become part of the cloud computing company’s Messaging Business unit.</p><p><b>Canadian National Railway&nbsp;(CNI) </b>– Canadian National hit a procedural snag in its bid to buy U.S. rail operator&nbsp;Kansas City Southern&nbsp;(KSU). The U.S. Surface Transportation rejected Canadian National’s submission because it did not include a detailed merger agreement. Canadian National said it would resubmit its plan along with the required additional information, and called the rejection a minor setback. Canadian National added 1.4% in premarket trading.</p><p><b>Chargepoint Holdings(CHPT),Blink Charging Co(BLNK)</b><b>&nbsp;</b>–&nbsp;Shares of EV charging equipment makers Chargepoint Holdings&nbsp;and Blink Charging Co&nbsp;gained 1.2% and 1% as President Joe Biden was set to make the case for his $174 billion electric vehicle plan on Tuesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","FSR":"菲斯克","TSLA":"特斯拉","TWLO":"Twilio Inc","TM":"丰田汽车","TME":"腾讯音乐","SE":"Sea Ltd","M":"梅西百货","BIDU":"百度","BRK.B":"伯克希尔B",".DJI":"道琼斯","WMT":"沃尔玛","HD":"家得宝"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165616255","content_text":"Walmart, Macy’s up after results; Nasdaq 100 futures climbBrent hovers around $70 a barrel as Treasuries are steadyU.S. futures rose with stocks Tuesday as optimism that economic reopenings will boost growth outweighed concern about a pick-up in virus cases in parts of Asia. The dollar dipped and oil gained.At 8:05 a.m. ET, Dow e-minis were up 66 points, or 0.19%, S&P 500 e-minis were up 8.25 points, or 0.2%, and Nasdaq 100 e-minis were up 73.75 points, or 0.55%.*Source From Tiger Trade, EST 08:05The dollar fell toward a four-month low, while U.S. 10-year Treasuries were steady as investors awaited key housing data ahead of minutes due Wednesday from the Federal Reserve’s last meeting. Brent crude at one point topped $70 a barrel in London for the first time since March on signs that reopenings are boosting demand.Retailers Walmart Inc. and Macy’s Inc. climbed in premarket trading after raising their full-year guidance, while Home Depot Inc. gained as its results beat estimates.Stocks making the biggest moves in the premarket:Macy’s (M) – The retailer earned 39 cents a share for the first quarter, including 1 cent a share from real estate-related gains, compared to expectations of a 41 cents per share loss. The retailer’s revenue topped estimates as well amid a better than 60% surge in comparable-store sales. The company also raised its full-year forecast. Macy’s shares rallied 5.5% in the premarket.Home Depot (HD) – The home improvement retailer reported first-quarter earnings of $3.86 per share, beating the consensus estimate of $3.08 a share. Revenue also topped Wall Street forecasts, as comparable-store sales rose a better-than-expected 31%. Analysts surveyed by FactSet had expected a 20.2% increase in comparable-store sales. Home Depot shares gained 2% in premarket trading.Walmart (WMT) – Walmart earned $1.69 per share for the first quarter, compared to a consensus estimate of $1.21 a share. Revenue also beat analysts’ projections. U.S. comparable-store sales rose 6% compared with a FactSet estimate of 0.9%. Walmart also raised its second-quarter and full-year outlook. Walmart shares rose 3.4% in premarket action.Tesla (TSLA) – Tesla shares sank 1% in premarket trading after falling 1.4% Monday for its fifth decline in six sessions. That followed news that investor Michael Burry of “The Big Short” fame had made a short bet against the automaker worth $534 billion.Baidu (BIDU) – China's Baidu Inc gained 3% after reporting a 25% rise in quarterly revenue, powered by advertising on its core search and video-streaming platforms.SEA (SE) –Sea reported quarterly losses of $(0.62) per share which missed the analyst consensus estimate of $(0.53) by 16.98 percent. This is a 19.23 percent decrease over losses of $(0.52) per share from the same period last year. The company reported quarterly sales of $1.80 billion which missed the analyst consensus estimate of $1.81 billion by 0.55 percent. This is a 96.95 percent increase over sales of $913.92 million the same period last year.Sea stock tumbled 3%  in premarket trading.Fisker (FSR) – Fisker lost 11 cents per share during the first quarter, less than the 19 cents a share loss expected by analysts. The electric vehicle maker did not have any revenue during the quarter, as expected, but the stock came under pressure after Fisker left its capital spending forecast unchanged for the year. Fisker shares slipped 1% in the premarket.Toyota (TM) – Toyota stock hit a record high in Japanese market trading, surpassing the previous record set in 2015. Toyota has regained favor with investors, after forecasting a return to pre-pandemic profitability levels and dealing successfully with the global semiconductor shortage.MGM Holdings (MGMB) –Amazon.com (AMZN) is in talks to buy the MGM film studio, according to multiple reports. Sources say the price being discussed is in the $7 billion to $9 billion range, as Amazon looks to beef up its video library.Tencent Music Entertainment (TME) – Tencent Music reported better-than-expected profit and sales for its latest quarter, thanks to growth in subscribership and improved ad revenue for its music streaming platform.Berkshire Hathaway (BRK.B) – Berkshire took a $943 million stake in insurance company Aon (AON), according to Berkshire’s quarterly filing. Berkshire also sold big chunks of its holdings in Wells Fargo (WFC) and Chevron (CVX). Aon added 1.5% in the premarket.Eastman Kodak (KODK) – Eastman Kodak could be hit with an insider trading lawsuit by New York State Attorney General Letitia James, according to both the company and people familiar with the matter who spoke to Reuters. The case involves stock purchases made by Kodak’s chief executive ahead of the announcement of a $765 drug ingredients deal with the U.S. government. Eastman Kodak shares fell 1.9% in premarket trading.Twilio (TWLO) – Twilio added 1.5% in premarket action after it struck a deal to buy business text messaging company Zipwhip for about $850 million in cash and stock. Zipwhip will become part of the cloud computing company’s Messaging Business unit.Canadian National Railway (CNI) – Canadian National hit a procedural snag in its bid to buy U.S. rail operator Kansas City Southern (KSU). The U.S. Surface Transportation rejected Canadian National’s submission because it did not include a detailed merger agreement. Canadian National said it would resubmit its plan along with the required additional information, and called the rejection a minor setback. Canadian National added 1.4% in premarket trading.Chargepoint Holdings(CHPT),Blink Charging Co(BLNK) – Shares of EV charging equipment makers Chargepoint Holdings and Blink Charging Co gained 1.2% and 1% as President Joe Biden was set to make the case for his $174 billion electric vehicle plan on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144826418,"gmtCreate":1626275990134,"gmtModify":1703757006197,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Yes nice. Fukkk me more BBVery nice… Fukk me more…&nbsp;Hedgies, I’m telling you you’ll be on streets soon when MOASS happen","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Yes nice. Fukkk me more BBVery nice… Fukk me more…&nbsp;Hedgies, I’m telling you you’ll be on streets soon when MOASS happen","text":"$BlackBerry(BB)$Yes nice. Fukkk me more BBVery nice… Fukk me more… Hedgies, I’m telling you you’ll be on streets soon when MOASS happen","images":[{"img":"https://static.tigerbbs.com/abfc11531d1859cb01e59678ce6e2aa7","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144826418","isVote":1,"tweetType":1,"viewCount":657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":161545703,"gmtCreate":1623936798902,"gmtModify":1703823926736,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>HahaNo more down please","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>HahaNo more down please","text":"$BlackBerry(BB)$HahaNo more down please","images":[{"img":"https://static.tigerbbs.com/c69c38fd4f68580b43aa9ab23ca22b81","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/161545703","isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":178344426,"gmtCreate":1626789660865,"gmtModify":1703765257929,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"Goldman can suck some Ds!&nbsp;Buy and HODL.&nbsp;Piak these banks!&nbsp;","listText":"Goldman can suck some Ds!&nbsp;Buy and HODL.&nbsp;Piak these banks!&nbsp;","text":"Goldman can suck some Ds! Buy and HODL. Piak these banks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178344426","repostId":"1188133258","repostType":4,"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143105618,"gmtCreate":1625771575034,"gmtModify":1703748224760,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Bbbbbbbb","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Bbbbbbbb","text":"$BlackBerry(BB)$Bbbbbbbb","images":[{"img":"https://static.tigerbbs.com/1a1f8071fe66ba2f539c43224c5c6089","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143105618","isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":140527610,"gmtCreate":1625666768330,"gmtModify":1703746020407,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Easiest way of losing. &nbsp;Money","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Easiest way of losing. &nbsp;Money","text":"$BlackBerry(BB)$Easiest way of losing. Money","images":[{"img":"https://static.tigerbbs.com/d8264ca017ed409b0cb65e681ac511ae","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/140527610","isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":162064811,"gmtCreate":1624028048733,"gmtModify":1703827098160,"author":{"id":"3581658468923905","authorId":"3581658468923905","name":"Pepegya","avatar":"https://static.tigerbbs.com/ea012bec6d3f02d5ed224175faf85986","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581658468923905","authorIdStr":"3581658468923905"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Don’t give me hope just by 1 daygreen ;(","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Don’t give me hope just by 1 daygreen ;(","text":"$BlackBerry(BB)$Don’t give me hope just by 1 daygreen ;(","images":[{"img":"https://static.tigerbbs.com/f1abc190a483c7a090e8ffa255fcdd09","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/162064811","isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579151890044110","authorId":"3579151890044110","name":"AlexandreJc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"idStr":"3579151890044110","authorIdStr":"3579151890044110"},"content":"same here, sad case","text":"same here, sad case","html":"same here, sad case"}],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}