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2021-06-09

Wow

S&P 500 closes little changed as "meme stocks" extend rally

2021-06-03

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2021-06-03

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2021-06-03

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2021-06-03

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The Bitcoin Bet Is a Big Part of Square Stock’s Volatility

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07:06","market":"us","language":"en","title":"S&P 500 closes little changed as \"meme stocks\" extend rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1128909306","media":"reuters","summary":"NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of c","content":"<p>NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fueled the ongoing meme stocks rally.</p><p>All three major U.S. stock indexes ended the range-bound session near flat or higher, with the S&amp;P 500 and the Dow closing within about 0.5% of record highs.</p><p>The tech-laded Nasdaq Composite fared best, with Amazon.com Inc and Apple Inc providing the biggest boost.</p><p>“We’re waiting for inflation numbers, waiting for more from the (Federal Reserve), waiting for earnings season,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “There’s not a lot motivating the market today.”</p><p>“We’re in this twilight zone until probably right after the Fourth of July, when we see earnings season kick in,” Nolte added.</p><p>The CBOE volatility index, a measure of investor anxiety, touched its lowest level in over a year.</p><p>Smallcaps, once again buoyed by the ongoing meme stock retail frenzy, were outperforming their larger counterparts.</p><p>Clover Health Investments seized top billing among meme stocks, surging 85.8%, the biggest percentage winner in the Nasdaq.</p><p>Other stocks whose recent explosive trading volumes have been attributed to social media buzz, including GameStop Corp, Bed Bath &amp; Beyond Inc, Workhorse Group and others, ended the session between 7% and 12% higher.</p><p>“(Meme stocks) are where the action is, but you flip it over and look crypto and that’s a mess,” Nolte said. “Now the meme stocks are taking over from crypto as the place to be and it’s all a consequence of very easy monetary policy.”</p><p>Reports from the U.S. Labor Department and National Federation of Independent Business appeared to confirm a labor shortage even as demand roars back to life, which could put upward pressure on wages, a precursor to wider inflation.</p><p>Market participants look to Thursday’s consumer price index data for further clues regarding inflation, and how it could influence the Federal Reserve’s timetable for tightening its monetary policy.</p><p>The Dow Jones Industrial Average fell 30.42 points, or 0.09%, to 34,599.82; the S&amp;P 500 gained 0.74 points, or 0.02%, at 4,227.26; and the Nasdaq Composite added 43.19 points, or 0.31%, at 13,924.91.</p><p>Of the 11 major sectors in the S&amp;P 500, consumer discretionary enjoyed the biggest percentage gain, and utilities suffered the largest loss.</p><p>Sales of Tesla Inc’s China-made electric cars jumped in May by 29%, marking a 177% year-on-year increase, according to the China Passenger Car Association. The stock erased initial gains on the news to close down 0.3%.</p><p>Boeing Co shares were boosted by Southwest Airlines’ announcement that it had ordered 34 new 737 MAX aircraft, but the planemaker’s shares pared gains to end the session flat.</p><p>GameStop, the company most closely associated with the Reddit-driven short squeeze phenomenon, is expected to report quarterly results after markets close on Wednesday.</p><p>Advancing issues outnumbered decliners on the NYSE by a 1.74-to-1 ratio; on Nasdaq, a 1.66-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 54 new 52-week highs and one new low; the Nasdaq Composite recorded 172 new highs and 16 new lows.</p><p>Volume on U.S. exchanges was 11.82 billion shares, compared with the 10.75 billion average over the last 20 trading days.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 closes little changed as \"meme stocks\" extend rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 closes little changed as \"meme stocks\" extend rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-closes-little-changed-as-meme-stocks-extend-rally-idUSL2N2NQ2NX><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fueled the...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-closes-little-changed-as-meme-stocks-extend-rally-idUSL2N2NQ2NX\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","CLOV":"Clover Health Corp",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-closes-little-changed-as-meme-stocks-extend-rally-idUSL2N2NQ2NX","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128909306","content_text":"NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fueled the ongoing meme stocks rally.All three major U.S. stock indexes ended the range-bound session near flat or higher, with the S&P 500 and the Dow closing within about 0.5% of record highs.The tech-laded Nasdaq Composite fared best, with Amazon.com Inc and Apple Inc providing the biggest boost.“We’re waiting for inflation numbers, waiting for more from the (Federal Reserve), waiting for earnings season,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “There’s not a lot motivating the market today.”“We’re in this twilight zone until probably right after the Fourth of July, when we see earnings season kick in,” Nolte added.The CBOE volatility index, a measure of investor anxiety, touched its lowest level in over a year.Smallcaps, once again buoyed by the ongoing meme stock retail frenzy, were outperforming their larger counterparts.Clover Health Investments seized top billing among meme stocks, surging 85.8%, the biggest percentage winner in the Nasdaq.Other stocks whose recent explosive trading volumes have been attributed to social media buzz, including GameStop Corp, Bed Bath & Beyond Inc, Workhorse Group and others, ended the session between 7% and 12% higher.“(Meme stocks) are where the action is, but you flip it over and look crypto and that’s a mess,” Nolte said. “Now the meme stocks are taking over from crypto as the place to be and it’s all a consequence of very easy monetary policy.”Reports from the U.S. Labor Department and National Federation of Independent Business appeared to confirm a labor shortage even as demand roars back to life, which could put upward pressure on wages, a precursor to wider inflation.Market participants look to Thursday’s consumer price index data for further clues regarding inflation, and how it could influence the Federal Reserve’s timetable for tightening its monetary policy.The Dow Jones Industrial Average fell 30.42 points, or 0.09%, to 34,599.82; the S&P 500 gained 0.74 points, or 0.02%, at 4,227.26; and the Nasdaq Composite added 43.19 points, or 0.31%, at 13,924.91.Of the 11 major sectors in the S&P 500, consumer discretionary enjoyed the biggest percentage gain, and utilities suffered the largest loss.Sales of Tesla Inc’s China-made electric cars jumped in May by 29%, marking a 177% year-on-year increase, according to the China Passenger Car Association. The stock erased initial gains on the news to close down 0.3%.Boeing Co shares were boosted by Southwest Airlines’ announcement that it had ordered 34 new 737 MAX aircraft, but the planemaker’s shares pared gains to end the session flat.GameStop, the company most closely associated with the Reddit-driven short squeeze phenomenon, is expected to report quarterly results after markets close on Wednesday.Advancing issues outnumbered decliners on the NYSE by a 1.74-to-1 ratio; on Nasdaq, a 1.66-to-1 ratio favored advancers.The S&P 500 posted 54 new 52-week highs and one new low; the Nasdaq Composite recorded 172 new highs and 16 new lows.Volume on U.S. exchanges was 11.82 billion shares, compared with the 10.75 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118856177,"gmtCreate":1622728569099,"gmtModify":1704189920885,"author":{"id":"3581728731490982","authorId":"3581728731490982","authorIdStr":"3581728731490982","name":"lilothesue","avatar":"https://static.tigerbbs.com/e5be11a7f2db4febfe0c4797b46e62fb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581728731490982"},"themes":[],"htmlText":"Let's go","listText":"Let's go","text":"Let's go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118856177","repostId":"1132387144","repostType":4,"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118853591,"gmtCreate":1622728532813,"gmtModify":1704189917651,"author":{"id":"3581728731490982","authorId":"3581728731490982","authorIdStr":"3581728731490982","name":"lilothesue","avatar":"https://static.tigerbbs.com/e5be11a7f2db4febfe0c4797b46e62fb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581728731490982"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118853591","repostId":"2140424584","repostType":4,"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118853092,"gmtCreate":1622728509316,"gmtModify":1704189916838,"author":{"id":"3581728731490982","authorId":"3581728731490982","authorIdStr":"3581728731490982","name":"lilothesue","avatar":"https://static.tigerbbs.com/e5be11a7f2db4febfe0c4797b46e62fb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581728731490982"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118853092","repostId":"2140424584","repostType":4,"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118972695,"gmtCreate":1622716626817,"gmtModify":1704189548977,"author":{"id":"3581728731490982","authorId":"3581728731490982","authorIdStr":"3581728731490982","name":"lilothesue","avatar":"https://static.tigerbbs.com/e5be11a7f2db4febfe0c4797b46e62fb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581728731490982"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118972695","repostId":"1148277119","repostType":4,"repost":{"id":"1148277119","pubTimestamp":1622707122,"share":"https://ttm.financial/m/news/1148277119?lang=&edition=fundamental","pubTime":"2021-06-03 15:58","market":"us","language":"en","title":"The Bitcoin Bet Is a Big Part of Square Stock’s Volatility","url":"https://stock-news.laohu8.com/highlight/detail?id=1148277119","media":"InvestorPlace","summary":"SQ stock is experiencing volatility due in no small part to the company’s embrace of Bitcoin\nIt has ","content":"<p>SQ stock is experiencing volatility due in no small part to the company’s embrace of Bitcoin</p>\n<p>It has been a roller coaster year so far for&nbsp;<b>Square</b>&nbsp;(NYSE:<b><u>SQ</u></b>) investors. After closing as high as $276.57 (Feb. 19) and as low as $197.13 (May 13), SQ stock is now trading in the $224 level. Within three dollars of where it started in 2021. In other words, the spectacular growth phase of 2020 — when SQ gained 245% — is over. The question is, what happens next?</p>\n<p>Before last year’s explosive gains, Square shares were effectively stalled for two years. Are we entering into another period of extended stagnation? Increased volatility? Or, after rallying 12% over the past week, is SQ stock going to return to growth mode?</p>\n<p>There are a number of variables in play here, but the signs are generally positive. At a price that’s nearly identical to its 2021 start (and off its 2021 high by 19%), this<i>Portfolio Grader</i>‘B’ rated stock is worth looking at.</p>\n<p><b>SQ Stock: Square Blows Past First-Quarter Estimates</b></p>\n<p>Square investors had to be happy when the company&nbsp;announced its first-quarter resultson May 6. Let’s first look at&nbsp;what Wall Street was expecting: total revenue of $3.3 billion, transaction-based revenue of $865 million, gross payment volume of $30.4 billion, gross profit of $831 million, and adjusted earnings per share of 17 cents.</p>\n<p>Here’s what Square reported. Total revenue for the quarter was $5.06 billion. Transaction-based revenue was $960 million. Gross payment volume was $33.1 billion. Gross profit was $964 million. And Square delivered adjusted EPS of 41 cents.</p>\n<p>Square completely blew past projections for the quarter. Revenue was over 50% higher than expected! Naturally, SQ stock popped on these results, but the reaction was short-lived. Just a week later SQ closed at its lowest point in 2021. There were concerns that government stimulus payments in April 2020 will skew gross profit growth rates for the second quarter. Square also projected its operating expenses will increase more than expected in 2021 — an additional $1 billion, compared to the expected $800 million to $900 million.</p>\n<p>However, Square’s performance showed that the mechanics driving SQ stock’s rapid rise in 2020 are still in effect. Consumers are still spending money using Square, sellers are still processing sales using Square, and people are still transferring cash (Cash App profit growth was up 171% YoY).</p>\n<p><b>Reopening the Economy Means Consumers Will Start Spending Again</b></p>\n<p>As the U.S. economy begins to re-open, consumers are expected to start spending. Sure, they were buying online during the lockdowns. But many also accumulated extra savings with vacation, eating in restaurants and other activities curtailed. Many people worked from home, cutting their commuting, clothing and food costs. As a sense of normalcy begins to return, consumers will start spending again. In the U.S., that excess consumer cash&nbsp;amounts to about $2.6 trillion.</p>\n<p>The expected&nbsp;explosion in consumerism&nbsp;is going to benefit many companies that have seen their sales hurt by the pandemic. Farmer’s markets and craft shows are starting up again after many were shut down last year. With online and in-store payment solutions, Square is set to benefit from the ramp up in spending through its network. As groups return to restaurants and bars with friends, you can bet they’ll be using Square’s Cash app to transfer money back and forth.</p>\n<p><b>The Crypto Question</b></p>\n<p>One of the wild cards in the Square equation is the company’s crypto bet. Square turned heads in 2018 when it integrated the buying and selling of&nbsp;<b>Bitcoin</b>(CCC:<b><u>BTC-USD</u></b>) in Cash App. That move appeared to be paying off in a big way. Last November, quarterly Bitcoin revenue through cash app hit $1.63 billion,a greater than 1,000% YoY increase. In February, the company&nbsp;bought $170 million in Bitcoin. In its latest quarter, Bitcoin revenue hit $3.51 billion, an elevenfold increase YoY.</p>\n<p>That all sounds great, except Bitcoin prices crashed in May. In fact, the start of the Bitcoin crash on May 11 corresponds perfectly to a 6% drop in SQ stock. A day later, SQ closed at $197.13, its lowest level since last November.</p>\n<p>Square’s Bitcoin bet has helped to gain Cash App users and boosted revenue. But it has also been a big part of the recent volatility in SQ stock.</p>\n<p><b>Bottom Line on SQ Stock</b></p>\n<p>At the end of the day, Square is positioned to benefit from the re-opening of the economy. Long-term, this stock’s growth prospects look good.</p>\n<p>However, whether you choose to take the plunge on SQ stock now really depends on how you feel about Bitcoin’s prospects. The price is right, and if Bitcoin recovers, that will take a lot of downward pressure off SQ. The rally could quickly become a recovery and full-fledged return to growth. If Bitcoin falls further, that’s another story. I suspect there would be further short-term pain for Square investors — although ultimately, that would translate to an even better buying opportunity.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Bitcoin Bet Is a Big Part of Square Stock’s Volatility</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Bitcoin Bet Is a Big Part of Square Stock’s Volatility\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-03 15:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/sq-stock-the-bitcoin-bet-is-a-big-part-of-squares-volatility/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SQ stock is experiencing volatility due in no small part to the company’s embrace of Bitcoin\nIt has been a roller coaster year so far for Square (NYSE:SQ) investors. After closing as high as $276.57 (...</p>\n\n<a href=\"https://investorplace.com/2021/06/sq-stock-the-bitcoin-bet-is-a-big-part-of-squares-volatility/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://investorplace.com/2021/06/sq-stock-the-bitcoin-bet-is-a-big-part-of-squares-volatility/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148277119","content_text":"SQ stock is experiencing volatility due in no small part to the company’s embrace of Bitcoin\nIt has been a roller coaster year so far for Square (NYSE:SQ) investors. After closing as high as $276.57 (Feb. 19) and as low as $197.13 (May 13), SQ stock is now trading in the $224 level. Within three dollars of where it started in 2021. In other words, the spectacular growth phase of 2020 — when SQ gained 245% — is over. The question is, what happens next?\nBefore last year’s explosive gains, Square shares were effectively stalled for two years. Are we entering into another period of extended stagnation? Increased volatility? Or, after rallying 12% over the past week, is SQ stock going to return to growth mode?\nThere are a number of variables in play here, but the signs are generally positive. At a price that’s nearly identical to its 2021 start (and off its 2021 high by 19%), thisPortfolio Grader‘B’ rated stock is worth looking at.\nSQ Stock: Square Blows Past First-Quarter Estimates\nSquare investors had to be happy when the company announced its first-quarter resultson May 6. Let’s first look at what Wall Street was expecting: total revenue of $3.3 billion, transaction-based revenue of $865 million, gross payment volume of $30.4 billion, gross profit of $831 million, and adjusted earnings per share of 17 cents.\nHere’s what Square reported. Total revenue for the quarter was $5.06 billion. Transaction-based revenue was $960 million. Gross payment volume was $33.1 billion. Gross profit was $964 million. And Square delivered adjusted EPS of 41 cents.\nSquare completely blew past projections for the quarter. Revenue was over 50% higher than expected! Naturally, SQ stock popped on these results, but the reaction was short-lived. Just a week later SQ closed at its lowest point in 2021. There were concerns that government stimulus payments in April 2020 will skew gross profit growth rates for the second quarter. Square also projected its operating expenses will increase more than expected in 2021 — an additional $1 billion, compared to the expected $800 million to $900 million.\nHowever, Square’s performance showed that the mechanics driving SQ stock’s rapid rise in 2020 are still in effect. Consumers are still spending money using Square, sellers are still processing sales using Square, and people are still transferring cash (Cash App profit growth was up 171% YoY).\nReopening the Economy Means Consumers Will Start Spending Again\nAs the U.S. economy begins to re-open, consumers are expected to start spending. Sure, they were buying online during the lockdowns. But many also accumulated extra savings with vacation, eating in restaurants and other activities curtailed. Many people worked from home, cutting their commuting, clothing and food costs. As a sense of normalcy begins to return, consumers will start spending again. In the U.S., that excess consumer cash amounts to about $2.6 trillion.\nThe expected explosion in consumerism is going to benefit many companies that have seen their sales hurt by the pandemic. Farmer’s markets and craft shows are starting up again after many were shut down last year. With online and in-store payment solutions, Square is set to benefit from the ramp up in spending through its network. As groups return to restaurants and bars with friends, you can bet they’ll be using Square’s Cash app to transfer money back and forth.\nThe Crypto Question\nOne of the wild cards in the Square equation is the company’s crypto bet. Square turned heads in 2018 when it integrated the buying and selling of Bitcoin(CCC:BTC-USD) in Cash App. That move appeared to be paying off in a big way. Last November, quarterly Bitcoin revenue through cash app hit $1.63 billion,a greater than 1,000% YoY increase. In February, the company bought $170 million in Bitcoin. In its latest quarter, Bitcoin revenue hit $3.51 billion, an elevenfold increase YoY.\nThat all sounds great, except Bitcoin prices crashed in May. In fact, the start of the Bitcoin crash on May 11 corresponds perfectly to a 6% drop in SQ stock. A day later, SQ closed at $197.13, its lowest level since last November.\nSquare’s Bitcoin bet has helped to gain Cash App users and boosted revenue. But it has also been a big part of the recent volatility in SQ stock.\nBottom Line on SQ Stock\nAt the end of the day, Square is positioned to benefit from the re-opening of the economy. Long-term, this stock’s growth prospects look good.\nHowever, whether you choose to take the plunge on SQ stock now really depends on how you feel about Bitcoin’s prospects. The price is right, and if Bitcoin recovers, that will take a lot of downward pressure off SQ. The rally could quickly become a recovery and full-fledged return to growth. If Bitcoin falls further, that’s another story. I suspect there would be further short-term pain for Square investors — although ultimately, that would translate to an even better buying opportunity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":180648820,"gmtCreate":1623203301860,"gmtModify":1704198259086,"author":{"id":"3581728731490982","authorId":"3581728731490982","authorIdStr":"3581728731490982","name":"lilothesue","avatar":"https://static.tigerbbs.com/e5be11a7f2db4febfe0c4797b46e62fb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581728731490982"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180648820","repostId":"1128909306","repostType":4,"repost":{"id":"1128909306","pubTimestamp":1623193560,"share":"https://ttm.financial/m/news/1128909306?lang=&edition=fundamental","pubTime":"2021-06-09 07:06","market":"us","language":"en","title":"S&P 500 closes little changed as \"meme stocks\" extend rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1128909306","media":"reuters","summary":"NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of c","content":"<p>NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fueled the ongoing meme stocks rally.</p><p>All three major U.S. stock indexes ended the range-bound session near flat or higher, with the S&amp;P 500 and the Dow closing within about 0.5% of record highs.</p><p>The tech-laded Nasdaq Composite fared best, with Amazon.com Inc and Apple Inc providing the biggest boost.</p><p>“We’re waiting for inflation numbers, waiting for more from the (Federal Reserve), waiting for earnings season,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “There’s not a lot motivating the market today.”</p><p>“We’re in this twilight zone until probably right after the Fourth of July, when we see earnings season kick in,” Nolte added.</p><p>The CBOE volatility index, a measure of investor anxiety, touched its lowest level in over a year.</p><p>Smallcaps, once again buoyed by the ongoing meme stock retail frenzy, were outperforming their larger counterparts.</p><p>Clover Health Investments seized top billing among meme stocks, surging 85.8%, the biggest percentage winner in the Nasdaq.</p><p>Other stocks whose recent explosive trading volumes have been attributed to social media buzz, including GameStop Corp, Bed Bath &amp; Beyond Inc, Workhorse Group and others, ended the session between 7% and 12% higher.</p><p>“(Meme stocks) are where the action is, but you flip it over and look crypto and that’s a mess,” Nolte said. “Now the meme stocks are taking over from crypto as the place to be and it’s all a consequence of very easy monetary policy.”</p><p>Reports from the U.S. Labor Department and National Federation of Independent Business appeared to confirm a labor shortage even as demand roars back to life, which could put upward pressure on wages, a precursor to wider inflation.</p><p>Market participants look to Thursday’s consumer price index data for further clues regarding inflation, and how it could influence the Federal Reserve’s timetable for tightening its monetary policy.</p><p>The Dow Jones Industrial Average fell 30.42 points, or 0.09%, to 34,599.82; the S&amp;P 500 gained 0.74 points, or 0.02%, at 4,227.26; and the Nasdaq Composite added 43.19 points, or 0.31%, at 13,924.91.</p><p>Of the 11 major sectors in the S&amp;P 500, consumer discretionary enjoyed the biggest percentage gain, and utilities suffered the largest loss.</p><p>Sales of Tesla Inc’s China-made electric cars jumped in May by 29%, marking a 177% year-on-year increase, according to the China Passenger Car Association. The stock erased initial gains on the news to close down 0.3%.</p><p>Boeing Co shares were boosted by Southwest Airlines’ announcement that it had ordered 34 new 737 MAX aircraft, but the planemaker’s shares pared gains to end the session flat.</p><p>GameStop, the company most closely associated with the Reddit-driven short squeeze phenomenon, is expected to report quarterly results after markets close on Wednesday.</p><p>Advancing issues outnumbered decliners on the NYSE by a 1.74-to-1 ratio; on Nasdaq, a 1.66-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 54 new 52-week highs and one new low; the Nasdaq Composite recorded 172 new highs and 16 new lows.</p><p>Volume on U.S. exchanges was 11.82 billion shares, compared with the 10.75 billion average over the last 20 trading days.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 closes little changed as \"meme stocks\" extend rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 closes little changed as \"meme stocks\" extend rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-closes-little-changed-as-meme-stocks-extend-rally-idUSL2N2NQ2NX><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fueled the...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-closes-little-changed-as-meme-stocks-extend-rally-idUSL2N2NQ2NX\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","CLOV":"Clover Health Corp",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-closes-little-changed-as-meme-stocks-extend-rally-idUSL2N2NQ2NX","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128909306","content_text":"NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fueled the ongoing meme stocks rally.All three major U.S. stock indexes ended the range-bound session near flat or higher, with the S&P 500 and the Dow closing within about 0.5% of record highs.The tech-laded Nasdaq Composite fared best, with Amazon.com Inc and Apple Inc providing the biggest boost.“We’re waiting for inflation numbers, waiting for more from the (Federal Reserve), waiting for earnings season,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “There’s not a lot motivating the market today.”“We’re in this twilight zone until probably right after the Fourth of July, when we see earnings season kick in,” Nolte added.The CBOE volatility index, a measure of investor anxiety, touched its lowest level in over a year.Smallcaps, once again buoyed by the ongoing meme stock retail frenzy, were outperforming their larger counterparts.Clover Health Investments seized top billing among meme stocks, surging 85.8%, the biggest percentage winner in the Nasdaq.Other stocks whose recent explosive trading volumes have been attributed to social media buzz, including GameStop Corp, Bed Bath & Beyond Inc, Workhorse Group and others, ended the session between 7% and 12% higher.“(Meme stocks) are where the action is, but you flip it over and look crypto and that’s a mess,” Nolte said. “Now the meme stocks are taking over from crypto as the place to be and it’s all a consequence of very easy monetary policy.”Reports from the U.S. Labor Department and National Federation of Independent Business appeared to confirm a labor shortage even as demand roars back to life, which could put upward pressure on wages, a precursor to wider inflation.Market participants look to Thursday’s consumer price index data for further clues regarding inflation, and how it could influence the Federal Reserve’s timetable for tightening its monetary policy.The Dow Jones Industrial Average fell 30.42 points, or 0.09%, to 34,599.82; the S&P 500 gained 0.74 points, or 0.02%, at 4,227.26; and the Nasdaq Composite added 43.19 points, or 0.31%, at 13,924.91.Of the 11 major sectors in the S&P 500, consumer discretionary enjoyed the biggest percentage gain, and utilities suffered the largest loss.Sales of Tesla Inc’s China-made electric cars jumped in May by 29%, marking a 177% year-on-year increase, according to the China Passenger Car Association. The stock erased initial gains on the news to close down 0.3%.Boeing Co shares were boosted by Southwest Airlines’ announcement that it had ordered 34 new 737 MAX aircraft, but the planemaker’s shares pared gains to end the session flat.GameStop, the company most closely associated with the Reddit-driven short squeeze phenomenon, is expected to report quarterly results after markets close on Wednesday.Advancing issues outnumbered decliners on the NYSE by a 1.74-to-1 ratio; on Nasdaq, a 1.66-to-1 ratio favored advancers.The S&P 500 posted 54 new 52-week highs and one new low; the Nasdaq Composite recorded 172 new highs and 16 new lows.Volume on U.S. exchanges was 11.82 billion shares, compared with the 10.75 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118856177,"gmtCreate":1622728569099,"gmtModify":1704189920885,"author":{"id":"3581728731490982","authorId":"3581728731490982","authorIdStr":"3581728731490982","name":"lilothesue","avatar":"https://static.tigerbbs.com/e5be11a7f2db4febfe0c4797b46e62fb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581728731490982"},"themes":[],"htmlText":"Let's go","listText":"Let's go","text":"Let's go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118856177","repostId":"1132387144","repostType":4,"repost":{"id":"1132387144","pubTimestamp":1622724802,"share":"https://ttm.financial/m/news/1132387144?lang=&edition=fundamental","pubTime":"2021-06-03 20:53","market":"us","language":"en","title":"Don’t ignore these 3 changes to investing highlighted by GameStop, BlackBerry and AMC, says top economist","url":"https://stock-news.laohu8.com/highlight/detail?id=1132387144","media":"MarketWatch","summary":"Markets were off to a slow start on Thursday, with one exception: meme stocks.Shares in videogame re","content":"<p>Markets were off to a slow start on Thursday, with one exception: meme stocks.</p><p>Shares in videogame retailer GameStop&nbsp;have risen more than 20% this week while cinema group AMC’s&nbsp;stock price has nearly doubled, and shares in technology group BlackBerry&nbsp;rose more than 30% on Wednesday alone. While GameStop and AMC have dropped&nbsp;in morning trading, BlackBerry was up.</p><p>The meme trade was in focus late January and early February because of individual investor attention on companies including these three. A flock of investors, largely organized on social media platform Reddit, helped squeeze the short positions of hedge funds, causing multibillion-dollar losses and some unbelievable gains for individuals that timed it right. It also epitomized a new era of investing, as individuals took advantage of crowdsourced strategy and no-fee brokerage accounts.</p><p>Our&nbsp;<b>call of the day</b>, from economist Mohamed A. El-Erian—the chief economic adviser at Allianz—is that the meme trade frenzy represents three key long-term changes in finance which must not be ignored, and that one thing is certain as AMC stock in particular has soared.</p><p>“It has been tempting for some to dismiss this retail investor phenomenon as nothing more than a mob of young irresponsible gamblers treating the stock market like a casino,” El-Erian said,writing in Bloomberg. “That would be a mistake.”</p><p>First, the trend represents what the economist calls a “realignment of the investment landscape at its outer edges.” Reddit allows individual investors to coordinate effectively and intelligently, similar to the way that other social media platforms have helped activists coordinate actions.</p><p>Second, El-Erian said it illustrates how ultraloose monetary policy enables risk-taking. Cash handouts and easy leverage are the main forces, and themselves come from a shift in central bank strategy toward low interest rates and huge injections of liquidity.</p><p>“It is the same combination that has fueled the SPAC and cryptocurrency phenomena that are causing belated indigestion for a growing number of governments and central banks,” the economist added.</p><p>Finally, the meme stock frenzy is the latest in a series of episodes where market regulators have been too late to the game, El-Erian said. Regulators face difficult questions “for which there is no broad agreement on answers,” the economist said, ranging from investor suitability and protection to market manipulation and stability.</p><p>“Dismiss the AMC whirlwind at your peril,” El-Erian said. “It is part of a much wider phenomenon whose implications go well beyond the immediate and well beyond retail investors.”</p><p>El-Erian added that it is hard to tell what may undermine the current jump in AMC’s stock price. “What is certain is that the further the price goes up exponentially, the tenser the tug-of-war will become between new speculative buyers and those looking to sell and monetize significant returns,” the economist said.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Don’t ignore these 3 changes to investing highlighted by GameStop, BlackBerry and AMC, says top economist</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDon’t ignore these 3 changes to investing highlighted by GameStop, BlackBerry and AMC, says top economist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-03 20:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/heres-the-one-certainty-as-amc-stock-keeps-going-up-says-top-economist-11622719725?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Markets were off to a slow start on Thursday, with one exception: meme stocks.Shares in videogame retailer GameStop have risen more than 20% this week while cinema group AMC’s stock price has nearly ...</p>\n\n<a href=\"https://www.marketwatch.com/story/heres-the-one-certainty-as-amc-stock-keeps-going-up-says-top-economist-11622719725?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","BB":"黑莓","AMC":"AMC院线"},"source_url":"https://www.marketwatch.com/story/heres-the-one-certainty-as-amc-stock-keeps-going-up-says-top-economist-11622719725?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132387144","content_text":"Markets were off to a slow start on Thursday, with one exception: meme stocks.Shares in videogame retailer GameStop have risen more than 20% this week while cinema group AMC’s stock price has nearly doubled, and shares in technology group BlackBerry rose more than 30% on Wednesday alone. While GameStop and AMC have dropped in morning trading, BlackBerry was up.The meme trade was in focus late January and early February because of individual investor attention on companies including these three. A flock of investors, largely organized on social media platform Reddit, helped squeeze the short positions of hedge funds, causing multibillion-dollar losses and some unbelievable gains for individuals that timed it right. It also epitomized a new era of investing, as individuals took advantage of crowdsourced strategy and no-fee brokerage accounts.Our call of the day, from economist Mohamed A. El-Erian—the chief economic adviser at Allianz—is that the meme trade frenzy represents three key long-term changes in finance which must not be ignored, and that one thing is certain as AMC stock in particular has soared.“It has been tempting for some to dismiss this retail investor phenomenon as nothing more than a mob of young irresponsible gamblers treating the stock market like a casino,” El-Erian said,writing in Bloomberg. “That would be a mistake.”First, the trend represents what the economist calls a “realignment of the investment landscape at its outer edges.” Reddit allows individual investors to coordinate effectively and intelligently, similar to the way that other social media platforms have helped activists coordinate actions.Second, El-Erian said it illustrates how ultraloose monetary policy enables risk-taking. Cash handouts and easy leverage are the main forces, and themselves come from a shift in central bank strategy toward low interest rates and huge injections of liquidity.“It is the same combination that has fueled the SPAC and cryptocurrency phenomena that are causing belated indigestion for a growing number of governments and central banks,” the economist added.Finally, the meme stock frenzy is the latest in a series of episodes where market regulators have been too late to the game, El-Erian said. Regulators face difficult questions “for which there is no broad agreement on answers,” the economist said, ranging from investor suitability and protection to market manipulation and stability.“Dismiss the AMC whirlwind at your peril,” El-Erian said. “It is part of a much wider phenomenon whose implications go well beyond the immediate and well beyond retail investors.”El-Erian added that it is hard to tell what may undermine the current jump in AMC’s stock price. “What is certain is that the further the price goes up exponentially, the tenser the tug-of-war will become between new speculative buyers and those looking to sell and monetize significant returns,” the economist said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118853591,"gmtCreate":1622728532813,"gmtModify":1704189917651,"author":{"id":"3581728731490982","authorId":"3581728731490982","authorIdStr":"3581728731490982","name":"lilothesue","avatar":"https://static.tigerbbs.com/e5be11a7f2db4febfe0c4797b46e62fb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581728731490982"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118853591","repostId":"2140424584","repostType":4,"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118853092,"gmtCreate":1622728509316,"gmtModify":1704189916838,"author":{"id":"3581728731490982","authorId":"3581728731490982","authorIdStr":"3581728731490982","name":"lilothesue","avatar":"https://static.tigerbbs.com/e5be11a7f2db4febfe0c4797b46e62fb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581728731490982"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118853092","repostId":"2140424584","repostType":4,"repost":{"id":"2140424584","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":1622725260,"share":"https://ttm.financial/m/news/2140424584?lang=&edition=fundamental","pubTime":"2021-06-03 21:01","market":"us","language":"en","title":"Walmart to give 740,000 U.S. store workers free Samsung phones","url":"https://stock-news.laohu8.com/highlight/detail?id=2140424584","media":"Reuters","summary":"CHICAGO, June 3 (Reuters) - Walmart Inc said on Thursday it would give nearly half its U.S. employee","content":"<p>CHICAGO, June 3 (Reuters) - Walmart Inc said on Thursday it would give nearly half its U.S. employees free Samsung phones by the end of the year so they can use an app the company has developed to manage shifts, clock in and stay in \"constant communication.\"</p>\n<p>The world's largest retailer, which employs nearly 1.6 million people in the United States, said more than 740,000 workers would receive Samsung Galaxy XCover Pro smartphones, cases and protection plans. Currently, most people share company devices.</p>\n<p>Walmart declined to share financial details, but the phone sells at $499.99 on Samsung Electronics Co Ltd's website. It is common for big companies to strike heavily discounted deals with carriers and device makers when buying corporate phones in bulk.</p>\n<p>The retailer, which tested the project earlier this year, said it would not be able to see personal data. It will be able to see work emails, installed work apps, web history on the phone's work-specific browser, device specifications and clock-in locations.</p>\n<p>People will only be able to access work apps while on their shifts, but can use the phones as personal devices, Walmart said.</p>\n<p>The app - called \"Me@Walmart\" - can be used to check schedules up to two weeks in advance, ask for changes and request time off. It has a voice-activated assistant that helps locate products and is also designed to ensure workers can \"instantly connect with <a href=\"https://laohu8.com/S/AONE\">one</a> another\" in stores. Using the phones is not mandatory.</p>\n<p>\"Constant communication is essential for our business. Walkie talkies were <a href=\"https://laohu8.com/S/AONE.U\">one</a> solution, but not every associate has one,\" Walmart executives Drew Holler and Kellie Romack said in a blog post.</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>Walmart to give 740,000 U.S. store workers free Samsung phones</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\">\nWalmart to give 740,000 U.S. store workers free Samsung phones\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\">2021-06-03 21:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>CHICAGO, June 3 (Reuters) - Walmart Inc said on Thursday it would give nearly half its U.S. employees free Samsung phones by the end of the year so they can use an app the company has developed to manage shifts, clock in and stay in \"constant communication.\"</p>\n<p>The world's largest retailer, which employs nearly 1.6 million people in the United States, said more than 740,000 workers would receive Samsung Galaxy XCover Pro smartphones, cases and protection plans. Currently, most people share company devices.</p>\n<p>Walmart declined to share financial details, but the phone sells at $499.99 on Samsung Electronics Co Ltd's website. It is common for big companies to strike heavily discounted deals with carriers and device makers when buying corporate phones in bulk.</p>\n<p>The retailer, which tested the project earlier this year, said it would not be able to see personal data. It will be able to see work emails, installed work apps, web history on the phone's work-specific browser, device specifications and clock-in locations.</p>\n<p>People will only be able to access work apps while on their shifts, but can use the phones as personal devices, Walmart said.</p>\n<p>The app - called \"Me@Walmart\" - can be used to check schedules up to two weeks in advance, ask for changes and request time off. It has a voice-activated assistant that helps locate products and is also designed to ensure workers can \"instantly connect with <a href=\"https://laohu8.com/S/AONE\">one</a> another\" in stores. Using the phones is not mandatory.</p>\n<p>\"Constant communication is essential for our business. Walkie talkies were <a href=\"https://laohu8.com/S/AONE.U\">one</a> solution, but not every associate has one,\" Walmart executives Drew Holler and Kellie Romack said in a blog post.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","SSNLF":"三星电子"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140424584","content_text":"CHICAGO, June 3 (Reuters) - Walmart Inc said on Thursday it would give nearly half its U.S. employees free Samsung phones by the end of the year so they can use an app the company has developed to manage shifts, clock in and stay in \"constant communication.\"\nThe world's largest retailer, which employs nearly 1.6 million people in the United States, said more than 740,000 workers would receive Samsung Galaxy XCover Pro smartphones, cases and protection plans. Currently, most people share company devices.\nWalmart declined to share financial details, but the phone sells at $499.99 on Samsung Electronics Co Ltd's website. It is common for big companies to strike heavily discounted deals with carriers and device makers when buying corporate phones in bulk.\nThe retailer, which tested the project earlier this year, said it would not be able to see personal data. It will be able to see work emails, installed work apps, web history on the phone's work-specific browser, device specifications and clock-in locations.\nPeople will only be able to access work apps while on their shifts, but can use the phones as personal devices, Walmart said.\nThe app - called \"Me@Walmart\" - can be used to check schedules up to two weeks in advance, ask for changes and request time off. It has a voice-activated assistant that helps locate products and is also designed to ensure workers can \"instantly connect with one another\" in stores. Using the phones is not mandatory.\n\"Constant communication is essential for our business. Walkie talkies were one solution, but not every associate has one,\" Walmart executives Drew Holler and Kellie Romack said in a blog post.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118972695,"gmtCreate":1622716626817,"gmtModify":1704189548977,"author":{"id":"3581728731490982","authorId":"3581728731490982","authorIdStr":"3581728731490982","name":"lilothesue","avatar":"https://static.tigerbbs.com/e5be11a7f2db4febfe0c4797b46e62fb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581728731490982"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118972695","repostId":"1148277119","repostType":4,"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}