Kohes personal page - To The Moon

Kohes

Kohes

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2021-05-24

like n comment pls [Smile]

Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021

2021-08-12

$SINGAPORE AIRLINES LTD(C6L.SI)$waiting to enter below $5

2021-08-03

Good job! :)

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2021-06-30

Pls Like and comment

Google-Microsoft Truce Crumbles Amid Feud Over Cloud, Ad Tech

2021-09-07

$BlackBerry(BB)$will it be better ?

2021-08-14

$SINGAPORE AIRLINES LTD(C6L.SI)$waiting patiently to enter below $5

2021-08-07

Good!

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2021-06-17

Like and comment Please.

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2021-05-24

like n comment pls [Smile]

U.S. Congress to hold hearing on SPACs, ramping up scrutiny

2021-05-24

Nice nice

Tesla’s New Plaid Model Is Ready. That Should Help the Stock.

2021-08-24

$Starbucks(SBUX)$share to get coin.. pls help to like too

2021-07-09

Great. Pls like✓

Nvidia, Pfizer, Mastercard — Halftime Report traders answer your stock questions during the sell-off

2021-06-15

Please comment on my comment. Thanks!

Jamie Dimon says JPMorgan is sitting on about $500 billion in cash, waiting to invest in higher rates

2021-05-24

Buy buy

Samsung Elec to invest $17 bln in new chip foundry in u.s.-Blue House

2021-08-30

Like pls

Gold prices rise to highest in more than three weeks on Powell's dovish tone

2021-08-16

$BlackBerry(BB)$ehy why

2021-08-11

$Starbucks(SBUX)$buy more coffee

2021-06-28

Nice

June jobs report, Consumer confidence: What to know this week

2021-06-24

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Bezos' 2021 Space Odyssey a risk too far for insurers

2021-06-17

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href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>share to get coin. 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Pls like.","images":[{"img":"https://static.tigerbbs.com/da262638dc91142cffe9bed28885c5ac","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814293421","isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":814293634,"gmtCreate":1630819705928,"gmtModify":1676530401261,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583538655439775","authorIdStr":"3583538655439775"},"themes":[],"htmlText":"Buy buy?","listText":"Buy buy?","text":"Buy buy?","images":[{"img":"https://static.tigerbbs.com/83246d42e755f408522f927483720ca6","width":"720","height":"2166"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814293634","isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":814386604,"gmtCreate":1630764262408,"gmtModify":1676530391881,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583538655439775","authorIdStr":"3583538655439775"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/544.SI\">$CSE GLOBAL LTD(544.SI)$</a>holding for dividends.&nbsp;","listText":"<a href=\"https://laohu8.com/S/544.SI\">$CSE GLOBAL LTD(544.SI)$</a>holding for dividends.&nbsp;","text":"$CSE GLOBAL LTD(544.SI)$holding for dividends.","images":[{"img":"https://static.tigerbbs.com/cb82154d819ffc805f714acc0f722a9c","width":"720","height":"2092"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814386604","isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":812372884,"gmtCreate":1630557836448,"gmtModify":1676530340111,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583538655439775","authorIdStr":"3583538655439775"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>share to get coins. Pls like","listText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>share to get coins. Pls like","text":"$Starbucks(SBUX)$share to get coins. Pls like","images":[{"img":"https://static.tigerbbs.com/e049f6b75183562a0d4390824c6e03be","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812372884","isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":133443008,"gmtCreate":1621790173804,"gmtModify":1704362423625,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"like n comment pls [Smile]","listText":"like n comment pls [Smile]","text":"like n comment pls [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/133443008","repostId":"2137906121","repostType":4,"repost":{"id":"2137906121","pubTimestamp":1621611396,"share":"https://ttm.financial/m/news/2137906121?lang=&edition=fundamental","pubTime":"2021-05-21 23:36","market":"us","language":"en","title":"Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2137906121","media":"Motley Fool","summary":"Berkshire Hathaway has continued to reduce its stakes in banks.","content":"<p><b>Berkshire Hathaway</b> (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.</p>\n<p>\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"</p>\n<p>Let's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c2da7d6438277757a73f9e626ebc6fc2\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>1. All but eliminating Wells Fargo</h2>\n<p>Everyone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, <b>Wells Fargo</b> (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.</p>\n<p>This essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at <a href=\"https://laohu8.com/S/AONE\">one</a> point back in 2017, it was reportedly worth as much as $29 billion.</p>\n<p>But as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.</p>\n<p>The stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.</p>\n<h2>2. Dumping <a href=\"https://laohu8.com/S/SYF\">Synchrony Financial</a></h2>\n<p>Last quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company <b>Synchrony Financial&nbsp;</b>(NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.</p>\n<p>While I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, <b>JPMorgan Chase</b>, and loaded up on America's second-largest bank, <b>Bank of America</b>.</p>\n<p>Considering that Buffett already has a huge position in <b>American <a href=\"https://laohu8.com/S/EXPR\">Express</a></b>, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.</p>\n<h2>3. Trimming U.S. Bancorp again</h2>\n<p>Berkshire Hathaway also sold about 1.45 million shares of <b>U.S. Bancorp</b> (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in <b>PNC Financial Services Group</b>&nbsp;and&nbsp;<b>M&amp;T Bank</b>, in the fourth quarter of 2020.&nbsp;</p>\n<p>One possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. </p>\n<p>Overall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 23:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WFC":"富国银行","USB":"美国合众银行","BRK.A":"伯克希尔","SYF":"Synchrony Financial","BRK.B":"伯克希尔B"},"source_url":"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137906121","content_text":"Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.\n\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"\nLet's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.\nImage source: Getty Images.\n1. All but eliminating Wells Fargo\nEveryone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, Wells Fargo (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.\nThis essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at one point back in 2017, it was reportedly worth as much as $29 billion.\nBut as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.\nThe stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.\n2. Dumping Synchrony Financial\nLast quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company Synchrony Financial (NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.\nWhile I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, JPMorgan Chase, and loaded up on America's second-largest bank, Bank of America.\nConsidering that Buffett already has a huge position in American Express, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.\n3. Trimming U.S. Bancorp again\nBerkshire Hathaway also sold about 1.45 million shares of U.S. Bancorp (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in PNC Financial Services Group and M&T Bank, in the fourth quarter of 2020. \nOne possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. \nOverall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":169,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895850982,"gmtCreate":1628734655746,"gmtModify":1676529836215,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>waiting to enter below $5","listText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>waiting to enter below $5","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$waiting to enter below $5","images":[{"img":"https://static.tigerbbs.com/eda87efc34be61c0f1e24e9d15e78ecd","width":"1080","height":"2633"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/895850982","isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":804532678,"gmtCreate":1627963373094,"gmtModify":1703498713037,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"Good job! :)","listText":"Good job! :)","text":"Good job! :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/804532678","repostId":"2156113212","repostType":4,"isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153635935,"gmtCreate":1625020708727,"gmtModify":1703850299598,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"Pls Like and comment","listText":"Pls Like and comment","text":"Pls Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/153635935","repostId":"2147395895","repostType":4,"repost":{"id":"2147395895","pubTimestamp":1625017452,"share":"https://ttm.financial/m/news/2147395895?lang=&edition=fundamental","pubTime":"2021-06-30 09:44","market":"us","language":"en","title":"Google-Microsoft Truce Crumbles Amid Feud Over Cloud, Ad Tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2147395895","media":"Bloomberg","summary":" -- Microsoft and Google, tech giants that compete in cloud computing, web search and artificial intelligence, five years ago formally agreed to cease using their substantial lobbying firepower against each other, seeking to eliminate a pricey and distracting battle and clear the way to collaborate more. That truce, forged at the time by two new CEOs wanting a fresh start on a formerly acrimonious relationship, expired in April.Even before the deal was allowed to lapse, the non-aggression pact h","content":"<p>(Bloomberg) -- Microsoft and Google, tech giants that compete in cloud computing, web search and artificial intelligence, five years ago formally agreed to cease using their substantial lobbying firepower against each other, seeking to eliminate&nbsp;a pricey and distracting battle and clear the way to collaborate more.&nbsp;That truce, forged at the time by two new CEOs wanting a fresh start on a formerly acrimonious relationship, expired in April.Even before the deal was allowed to lapse, the non-aggression pact had been&nbsp;fraying.</p>\n<p>The companies feuded publicly over a proposal to force Google to pay news publishers for content and squabbled more quietly over technology for selling search ads. Neither company is eager to extend or renew the alliance,&nbsp;according to people familiar with each&nbsp;companies’ thinking, who weren’t authorized to discuss confidential relationships.As the two draw farther apart and the business rivalry between them escalates, Microsoft Corp. and Alphabet Inc.’s Google may be drawn back into a persistent battle of&nbsp;behind-the-scenes lobbying efforts and public complaints&nbsp;to regulators, who are eager to impose new limits on the power of the biggest technology companies.&nbsp;</p>\n<p>From Microsoft’s side, the disputes are about&nbsp;giving marketers equal access to search engines when they organize campaigns with Google’s technology, and creating a robust ecosystem for content creators to get paid. Google believes&nbsp;Microsoft is objecting&nbsp;because it regards Google as a threat to Microsoft’s Azure cloud-computing and Office productivity businesses.&nbsp;At a time when regulators are training their guns on the whole industry, Microsoft and Google handing them ammo against each other may backfire, leaving both companies and their&nbsp;peers subject to even more scrutiny.</p>\n<p>The first signs of strain between the two companies appeared more than two years ago, when Microsoft protested to Google that its Search Ads&nbsp;360, which lets marketers manage advertising campaigns across multiple search engines, wasn’t keeping up with new features and ad types in Microsoft’s search engine, Bing. That meant it was easier and better for potential advertisers using that system to buy Google spots than Microsoft ones. It seemed to be happening when Bing’s capabilities caught up with an existing Google search feature, said Rik van der Kooi, vice president of Microsoft Advertising. He estimates Google’s moves in ad tech are costing the software maker hundreds of millions in ad revenue every year. It impacts Bing as well as the Yahoo and DuckDuckGo search engines that use Bing technology.</p>\n<p>“If you want to advertise, if you want to sell advertising or buy advertising on the internet, you have to use Google's tools, and when they make their tools in a manner that fails to interoperate easily with others, it impacts everybody,” said Microsoft President and Chief Legal Officer Brad Smith in a Bloomberg television interview in April. “We raised the concerns with them and they just turned a deaf ear.”The companies’ expired agreement on ending existing hostilities and preventing future ones&nbsp;set out a formal, escalating process for handling disputes that might previously have gone directly to regulators.</p>\n<p>In the current ad-tech quarrel, Microsoft says the two companies followed that process but its concerns about Google’s product&nbsp;still weren’t addressed successfully. Even talks between the companies’ chief executive officers, Microsoft’s Satya Nadella and Google’s Sundar Pichai – the final step in the accord’s predetermined process – failed to produce a resolution.Under the peace treaty, only once all the efforts laid out in the accord have been exhausted could <a href=\"https://laohu8.com/S/AONE\">one</a> company take its grievance to regulators. By last year, Microsoft had spoken with&nbsp;U.K. officials and regulators in some U.S. states&nbsp;about the ad-tech issue.&nbsp;</p>\n<p>A 2020 report about Google by the U.K.’s competition authority states that Microsoft expressed concerns that Google doesn’t&nbsp;update its SA360 technology with Bing’s&nbsp;latest features, which reduces the amount of money advertisers spend on Bing. Microsoft also said that Google provides quicker bid information to book ads on its website than on Bing.&nbsp;The U.K. conversations were in response to questions put to Microsoft, which was allowed in the agreement with Google, said a person familiar with the matter. Microsoft declined to comment on the terms under which it spoke to the U.S. states.&nbsp;An antitrust suit from states led by Colorado against Google&nbsp;notes that Search Ads&nbsp;360 enables a sophisticated type of automated auction technology used to optimize bids only for Google “while withholding equivalent interoperability from Microsoft.”&nbsp;The Redmond, Washington-based software maker has said Google refused to change anything, while Google officials said the company is working to make the product better for customers.</p>\n<p>SA360 and the&nbsp;AdWords programming interface work with other search engines, Google said in a statement, adding that others don’t offer these kinds of tools.&nbsp;“We invest significantly to make these products available even though we’re not required to,” the company said. “Google continues to work to improve the customer experience for SA360, which includes responding to&nbsp;customer&nbsp;demand for new features for third-party search engines like Microsoft Bing.”</p>\n<p>The&nbsp;cease-fire’s demise and escalating tensions come against the backdrop of stepped-up regulation and antitrust activity against the biggest technology companies, including Google, Apple Inc., <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. and Amazon.com Inc.—earlier this month U.S. legislators introduced several bills aimed at curbing their dominance and market power. The U.S. Justice Department is accelerating a probe into Google’s ad market practices, according to people familiar with the matter.Microsoft has so far remained somewhat insulated from the scrutiny in the U.S., and hasn’t had to participate in confrontational congressional hearings where other CEOs were in the hot seat. People familiar with the company’s thinking say Smith and Nadella are eager to show regulators Microsoft hasn’t been guilty of the same behavior that its rivals are being questioned about and to distance their company from other targets.</p>\n<p>Google, meanwhile, is growing more frustrated with the Microsoft attacks. In May, Senior Vice President Kent Walker accused his rival of “naked corporate opportunism.” As competition between the two intensifies, Microsoft is “reverting to their familiar playbook of attacking rivals and lobbying for regulations that benefit their own interests,” he wrote in a March blog post.On Capitol Hill, Google has been among companies agitating for more scrutiny of Microsoft. Though&nbsp;Smith has said that should the antitrust bills&nbsp;become law, his company would be impacted by some parts of them, Representative Jim Jordan, the top Republican on the House Judiciary Committee, is asking why the company has been getting a pass. On June 23, Jordan and other Republican committee members raised that issue in meetings to mark up various proposed bills to regulate big technology companies, saying it made no sense for Microsoft to evade scrutiny. Google has donated to Jordan’s campaigns since 2012, but&nbsp;said it was not behind his public comments last week. Microsoft has also given to several of Jordan’s campaigns.</p>\n<p>One member of the House Judiciary Committee, who asked not to be named when talking about private conversations, said a Google lobbyist brought up Microsoft, questioning why the criteria for a “covered platform”&nbsp;in the House bills appeared to exclude the massive tech company.</p>\n<p>The relationship between the two digital giants has gone through many twists and turns since Google co-founders Larry Page and Sergei Brin revolutionized the search engine in the late 1990s, dominating the digital advertising market in the process, and Microsoft realized it had missed out&nbsp;on a huge revenue opportunity. By the time Microsoft released its Bing search engine, in 2009, it was too late to be anything but a laggard. Then Google’s Android mobile software seized the market for smartphone operating systems—something Microsoft had tried and failed.The software company fought back in a variety of other ways. From 2012 to 2014 it ran an ad campaign designed by Mark Penn, a former adviser to the Clinton administration, called “Scroogled”—a&nbsp;portmanteau of Google’s name and the word screwed—which claimed that&nbsp;Google was spying on consumers. Microsoft complained to European regulators about Google and funded other complainants and groups opposing the search giant as regulators investigated the company.</p>\n<p>That pugnacious approach changed shortly after Nadella took over as CEO&nbsp;of Microsoft in February 2014 and Pichai was elevated at Google a year later. The companies felt the battle had gotten expensive and distracting and, in some cases, embarrassing. There were also areas where they wanted to work more closely together. After taking over as CEO, Nadella began releasing Office apps for rival operating systems, which included Google’s Android.</p>\n<p>The two leaders reached a formal détente in April 2016 marked by a&nbsp;written agreement in which the companies settled outstanding patent issues and agreed to keep their competition to the realm of software. No longer would each try to gain an edge by siccing governments and agencies on the other. The accord was part of a peace mission by Nadella after he took the helm, designed to make relationships with Silicon Valley rivals less confrontational and enable Microsoft to partner more effectively. Nadella also made amends with <a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com Inc.’s Marc Benioff, and there have even been some collaborations with Amazon.</p>\n<p>As recently as a year ago, the Google deal seemed to be enduring, at least outwardly, with Microsoft avoiding lodging public complaints about Google even as it put Apple’s App Store on blast. In May 2020, when Smith said European and U.S. regulators should examine app stores in a public appearance in Washington, Microsoft spokespeople took pains to note to Bloomberg later that Smith was referring to Apple only.</p>\n<p>And Microsoft and Google continue to deepen their cooperation in other areas of their businesses. Microsoft’s Edge browser runs on Google’s Chromium technology and Microsoft now sells a phone called Duo that uses Google Android as its operating system.&nbsp;Last week Microsoft announced its next Windows operating system will run apps that use Google’s Android —&nbsp;although&nbsp;Microsoft didn’t work directly with Google to accomplish that. The Android apps on Windows will be&nbsp;sourced from Amazon’s app store. And the people familiar with both companies’ thinking noted they weren’t closing the door completely on a new or extended truce.</p>\n<p>Still, even before it expired, there was&nbsp;ample evidence that the deal was eroding. Already irked with Google over the digital ad limits, Microsoft took a different set of complaints public earlier this year—Google’s refusal to comply with a planned Australian law that would have forced it to pay news outlets for content its sites and apps feature. Microsoft said Google’s public conduct there showed a similar intransigence to what it had seen more quietly over the ad tech dispute.Microsoft also posited that the continued deterioration of news outlets in the internet age is hampering free and democratic discourse. Google’s conflict with Australia happened a few weeks after the U.S. Capitol riots in January, and Microsoft’s Smith drew a connection between the two. In March, Smith testified before the House Judiciary Committee about it.</p>\n<p>The insurgency was “an assault on the Capitol and an assault on a peaceful transfer of power that in our view in part reflected an unprecedented amount of disinformation at a time when the country cannot rely on the traditional base of news and journalism, that has been a bedrock of American democracy since the country was founded,” he said in an April interview with Bloomberg Television’s Emily Chang. “So when we step back and look at all of these things together, this is a time to ask these questions because they matter for the web. They matter for the people who use the internet, and frankly they matter for the fundamental pillars of our democracy itself.”Protestations about free speech aside, Microsoft may also be trying to exploit Google’s heightened vulnerability to antitrust regulation around the globe. The company, is battling government claims of abuse of monopoly power from the U.S.&nbsp;Justice&nbsp;Department and a group of states, and in Europe, Google faces a sweeping probe of its ad technology. Any new regulations or laws that weaken Google might give Microsoft leverage in markets where they increasingly compete for the same business.“We have a name for this in antitrust -- we call this raising rivals’ costs,” said Randal C. Picker, a law professor at the University of Chicago who studies tech antitrust and copyright issues, about Microsoft’s stance on paying for news content. “All of this is going to cost the Facebooks and the Googles of the world a lot more than it’s going to cost Microsoft. So that makes it look like a competitive move.”</p>\n<p>Google has chosen the area of cybersecurity to poke at Microsoft—Google’s Walker posted another&nbsp;blog this month cautioning customers that using <a href=\"https://laohu8.com/S/AONE.U\">one</a> vendor for too many parts of their software stack puts them at greater risk of hacking.“As we saw with SolarWinds and the Microsoft Exchange attacks, proprietary systems and restrictions on interoperability and data portability can amplify a network’s vulnerability, helping attackers scale up their efforts,” Walker wrote, in a swipe at Microsoft.Mountain View, California-based Google&nbsp;may have other ways to hurt Microsoft. So far Microsoft’s large acquisitions, such as deals for LinkedIn and GitHub, as well as purchases of video-game studios, have passed through regulators without much scrutiny. But Google could choose to raise concerns about current and future deals, like Microsoft’s $20 billion agreement to buy <a href=\"https://laohu8.com/S/NUANV\">Nuance Communications Inc</a>., an artificial intelligence company meant to bolster Microsoft’s health-care, cloud and AI efforts—all primary areas of competition with Google and Amazon.</p>\n<p>Google is also Microsoft’s biggest rival in the market for productivity software like word processing, email and spreadsheets, possibly the only major field where Microsoft retains a dominant position. Already rivals like <a href=\"https://laohu8.com/S/WORK\">Slack Technologies</a> Inc. have complained to European regulators about Microsoft bundling new apps into Office to fend off rivals, and Google could chime in with any concerns it may have.</p>\n<p>“Microsoft is a huge company as well and it’s dominant in many areas. For example, Office is a dominant package in the market,” said Gus Rossi, a principal of responsible technology at Omidyar Network, a foundation and impact investment firm focused on social change.&nbsp; “What Google can do is to remind everyone that Microsoft is also a bad actor, because if everyone is a bad actor, then you’re not such a bad actor.”</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google-Microsoft Truce Crumbles Amid Feud Over Cloud, Ad Tech</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\">\nGoogle-Microsoft Truce Crumbles Amid Feud Over Cloud, Ad Tech\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 09:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/google-microsoft-truce-crumbles-amid-003612166.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Microsoft and Google, tech giants that compete in cloud computing, web search and artificial intelligence, five years ago formally agreed to cease using their substantial lobbying ...</p>\n\n<a href=\"https://finance.yahoo.com/news/google-microsoft-truce-crumbles-amid-003612166.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","GOOG":"谷歌","AAPL":"苹果","MSFT":"微软","GOOGL":"谷歌A","QNETCN":"纳斯达克中美互联网老虎指数","NUAN":"微妙通讯","CRM":"赛富时","09086":"华夏纳指-U","03086":"华夏纳指"},"source_url":"https://finance.yahoo.com/news/google-microsoft-truce-crumbles-amid-003612166.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147395895","content_text":"(Bloomberg) -- Microsoft and Google, tech giants that compete in cloud computing, web search and artificial intelligence, five years ago formally agreed to cease using their substantial lobbying firepower against each other, seeking to eliminate a pricey and distracting battle and clear the way to collaborate more. That truce, forged at the time by two new CEOs wanting a fresh start on a formerly acrimonious relationship, expired in April.Even before the deal was allowed to lapse, the non-aggression pact had been fraying.\nThe companies feuded publicly over a proposal to force Google to pay news publishers for content and squabbled more quietly over technology for selling search ads. Neither company is eager to extend or renew the alliance, according to people familiar with each companies’ thinking, who weren’t authorized to discuss confidential relationships.As the two draw farther apart and the business rivalry between them escalates, Microsoft Corp. and Alphabet Inc.’s Google may be drawn back into a persistent battle of behind-the-scenes lobbying efforts and public complaints to regulators, who are eager to impose new limits on the power of the biggest technology companies. \nFrom Microsoft’s side, the disputes are about giving marketers equal access to search engines when they organize campaigns with Google’s technology, and creating a robust ecosystem for content creators to get paid. Google believes Microsoft is objecting because it regards Google as a threat to Microsoft’s Azure cloud-computing and Office productivity businesses. At a time when regulators are training their guns on the whole industry, Microsoft and Google handing them ammo against each other may backfire, leaving both companies and their peers subject to even more scrutiny.\nThe first signs of strain between the two companies appeared more than two years ago, when Microsoft protested to Google that its Search Ads 360, which lets marketers manage advertising campaigns across multiple search engines, wasn’t keeping up with new features and ad types in Microsoft’s search engine, Bing. That meant it was easier and better for potential advertisers using that system to buy Google spots than Microsoft ones. It seemed to be happening when Bing’s capabilities caught up with an existing Google search feature, said Rik van der Kooi, vice president of Microsoft Advertising. He estimates Google’s moves in ad tech are costing the software maker hundreds of millions in ad revenue every year. It impacts Bing as well as the Yahoo and DuckDuckGo search engines that use Bing technology.\n“If you want to advertise, if you want to sell advertising or buy advertising on the internet, you have to use Google's tools, and when they make their tools in a manner that fails to interoperate easily with others, it impacts everybody,” said Microsoft President and Chief Legal Officer Brad Smith in a Bloomberg television interview in April. “We raised the concerns with them and they just turned a deaf ear.”The companies’ expired agreement on ending existing hostilities and preventing future ones set out a formal, escalating process for handling disputes that might previously have gone directly to regulators.\nIn the current ad-tech quarrel, Microsoft says the two companies followed that process but its concerns about Google’s product still weren’t addressed successfully. Even talks between the companies’ chief executive officers, Microsoft’s Satya Nadella and Google’s Sundar Pichai – the final step in the accord’s predetermined process – failed to produce a resolution.Under the peace treaty, only once all the efforts laid out in the accord have been exhausted could one company take its grievance to regulators. By last year, Microsoft had spoken with U.K. officials and regulators in some U.S. states about the ad-tech issue. \nA 2020 report about Google by the U.K.’s competition authority states that Microsoft expressed concerns that Google doesn’t update its SA360 technology with Bing’s latest features, which reduces the amount of money advertisers spend on Bing. Microsoft also said that Google provides quicker bid information to book ads on its website than on Bing. The U.K. conversations were in response to questions put to Microsoft, which was allowed in the agreement with Google, said a person familiar with the matter. Microsoft declined to comment on the terms under which it spoke to the U.S. states. An antitrust suit from states led by Colorado against Google notes that Search Ads 360 enables a sophisticated type of automated auction technology used to optimize bids only for Google “while withholding equivalent interoperability from Microsoft.” The Redmond, Washington-based software maker has said Google refused to change anything, while Google officials said the company is working to make the product better for customers.\nSA360 and the AdWords programming interface work with other search engines, Google said in a statement, adding that others don’t offer these kinds of tools. “We invest significantly to make these products available even though we’re not required to,” the company said. “Google continues to work to improve the customer experience for SA360, which includes responding to customer demand for new features for third-party search engines like Microsoft Bing.”\nThe cease-fire’s demise and escalating tensions come against the backdrop of stepped-up regulation and antitrust activity against the biggest technology companies, including Google, Apple Inc., Facebook Inc. and Amazon.com Inc.—earlier this month U.S. legislators introduced several bills aimed at curbing their dominance and market power. The U.S. Justice Department is accelerating a probe into Google’s ad market practices, according to people familiar with the matter.Microsoft has so far remained somewhat insulated from the scrutiny in the U.S., and hasn’t had to participate in confrontational congressional hearings where other CEOs were in the hot seat. People familiar with the company’s thinking say Smith and Nadella are eager to show regulators Microsoft hasn’t been guilty of the same behavior that its rivals are being questioned about and to distance their company from other targets.\nGoogle, meanwhile, is growing more frustrated with the Microsoft attacks. In May, Senior Vice President Kent Walker accused his rival of “naked corporate opportunism.” As competition between the two intensifies, Microsoft is “reverting to their familiar playbook of attacking rivals and lobbying for regulations that benefit their own interests,” he wrote in a March blog post.On Capitol Hill, Google has been among companies agitating for more scrutiny of Microsoft. Though Smith has said that should the antitrust bills become law, his company would be impacted by some parts of them, Representative Jim Jordan, the top Republican on the House Judiciary Committee, is asking why the company has been getting a pass. On June 23, Jordan and other Republican committee members raised that issue in meetings to mark up various proposed bills to regulate big technology companies, saying it made no sense for Microsoft to evade scrutiny. Google has donated to Jordan’s campaigns since 2012, but said it was not behind his public comments last week. Microsoft has also given to several of Jordan’s campaigns.\nOne member of the House Judiciary Committee, who asked not to be named when talking about private conversations, said a Google lobbyist brought up Microsoft, questioning why the criteria for a “covered platform” in the House bills appeared to exclude the massive tech company.\nThe relationship between the two digital giants has gone through many twists and turns since Google co-founders Larry Page and Sergei Brin revolutionized the search engine in the late 1990s, dominating the digital advertising market in the process, and Microsoft realized it had missed out on a huge revenue opportunity. By the time Microsoft released its Bing search engine, in 2009, it was too late to be anything but a laggard. Then Google’s Android mobile software seized the market for smartphone operating systems—something Microsoft had tried and failed.The software company fought back in a variety of other ways. From 2012 to 2014 it ran an ad campaign designed by Mark Penn, a former adviser to the Clinton administration, called “Scroogled”—a portmanteau of Google’s name and the word screwed—which claimed that Google was spying on consumers. Microsoft complained to European regulators about Google and funded other complainants and groups opposing the search giant as regulators investigated the company.\nThat pugnacious approach changed shortly after Nadella took over as CEO of Microsoft in February 2014 and Pichai was elevated at Google a year later. The companies felt the battle had gotten expensive and distracting and, in some cases, embarrassing. There were also areas where they wanted to work more closely together. After taking over as CEO, Nadella began releasing Office apps for rival operating systems, which included Google’s Android.\nThe two leaders reached a formal détente in April 2016 marked by a written agreement in which the companies settled outstanding patent issues and agreed to keep their competition to the realm of software. No longer would each try to gain an edge by siccing governments and agencies on the other. The accord was part of a peace mission by Nadella after he took the helm, designed to make relationships with Silicon Valley rivals less confrontational and enable Microsoft to partner more effectively. Nadella also made amends with Salesforce.com Inc.’s Marc Benioff, and there have even been some collaborations with Amazon.\nAs recently as a year ago, the Google deal seemed to be enduring, at least outwardly, with Microsoft avoiding lodging public complaints about Google even as it put Apple’s App Store on blast. In May 2020, when Smith said European and U.S. regulators should examine app stores in a public appearance in Washington, Microsoft spokespeople took pains to note to Bloomberg later that Smith was referring to Apple only.\nAnd Microsoft and Google continue to deepen their cooperation in other areas of their businesses. Microsoft’s Edge browser runs on Google’s Chromium technology and Microsoft now sells a phone called Duo that uses Google Android as its operating system. Last week Microsoft announced its next Windows operating system will run apps that use Google’s Android — although Microsoft didn’t work directly with Google to accomplish that. The Android apps on Windows will be sourced from Amazon’s app store. And the people familiar with both companies’ thinking noted they weren’t closing the door completely on a new or extended truce.\nStill, even before it expired, there was ample evidence that the deal was eroding. Already irked with Google over the digital ad limits, Microsoft took a different set of complaints public earlier this year—Google’s refusal to comply with a planned Australian law that would have forced it to pay news outlets for content its sites and apps feature. Microsoft said Google’s public conduct there showed a similar intransigence to what it had seen more quietly over the ad tech dispute.Microsoft also posited that the continued deterioration of news outlets in the internet age is hampering free and democratic discourse. Google’s conflict with Australia happened a few weeks after the U.S. Capitol riots in January, and Microsoft’s Smith drew a connection between the two. In March, Smith testified before the House Judiciary Committee about it.\nThe insurgency was “an assault on the Capitol and an assault on a peaceful transfer of power that in our view in part reflected an unprecedented amount of disinformation at a time when the country cannot rely on the traditional base of news and journalism, that has been a bedrock of American democracy since the country was founded,” he said in an April interview with Bloomberg Television’s Emily Chang. “So when we step back and look at all of these things together, this is a time to ask these questions because they matter for the web. They matter for the people who use the internet, and frankly they matter for the fundamental pillars of our democracy itself.”Protestations about free speech aside, Microsoft may also be trying to exploit Google’s heightened vulnerability to antitrust regulation around the globe. The company, is battling government claims of abuse of monopoly power from the U.S. Justice Department and a group of states, and in Europe, Google faces a sweeping probe of its ad technology. Any new regulations or laws that weaken Google might give Microsoft leverage in markets where they increasingly compete for the same business.“We have a name for this in antitrust -- we call this raising rivals’ costs,” said Randal C. Picker, a law professor at the University of Chicago who studies tech antitrust and copyright issues, about Microsoft’s stance on paying for news content. “All of this is going to cost the Facebooks and the Googles of the world a lot more than it’s going to cost Microsoft. So that makes it look like a competitive move.”\nGoogle has chosen the area of cybersecurity to poke at Microsoft—Google’s Walker posted another blog this month cautioning customers that using one vendor for too many parts of their software stack puts them at greater risk of hacking.“As we saw with SolarWinds and the Microsoft Exchange attacks, proprietary systems and restrictions on interoperability and data portability can amplify a network’s vulnerability, helping attackers scale up their efforts,” Walker wrote, in a swipe at Microsoft.Mountain View, California-based Google may have other ways to hurt Microsoft. So far Microsoft’s large acquisitions, such as deals for LinkedIn and GitHub, as well as purchases of video-game studios, have passed through regulators without much scrutiny. But Google could choose to raise concerns about current and future deals, like Microsoft’s $20 billion agreement to buy Nuance Communications Inc., an artificial intelligence company meant to bolster Microsoft’s health-care, cloud and AI efforts—all primary areas of competition with Google and Amazon.\nGoogle is also Microsoft’s biggest rival in the market for productivity software like word processing, email and spreadsheets, possibly the only major field where Microsoft retains a dominant position. Already rivals like Slack Technologies Inc. have complained to European regulators about Microsoft bundling new apps into Office to fend off rivals, and Google could chime in with any concerns it may have.\n“Microsoft is a huge company as well and it’s dominant in many areas. For example, Office is a dominant package in the market,” said Gus Rossi, a principal of responsible technology at Omidyar Network, a foundation and impact investment firm focused on social change.  “What Google can do is to remind everyone that Microsoft is also a bad actor, because if everyone is a bad actor, then you’re not such a bad actor.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817463859,"gmtCreate":1630981044871,"gmtModify":1676530433705,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>will it be better ?","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>will it be better ?","text":"$BlackBerry(BB)$will it be better ?","images":[{"img":"https://static.tigerbbs.com/a02f884c512e3d120c1786dd3dccd5d7","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817463859","isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":897518141,"gmtCreate":1628940387983,"gmtModify":1676529897259,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>waiting patiently to enter below $5","listText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>waiting patiently to enter below $5","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$waiting patiently to enter below $5","images":[{"img":"https://static.tigerbbs.com/8731f2ecd45aabce1e074457966b7a53","width":"1080","height":"2633"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/897518141","isVote":1,"tweetType":1,"viewCount":3,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":893533226,"gmtCreate":1628282071165,"gmtModify":1703504427840,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"Good!","listText":"Good!","text":"Good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/893533226","repostId":"1174322042","repostType":4,"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161081085,"gmtCreate":1623896466047,"gmtModify":1703822891122,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"Like and comment Please.","listText":"Like and comment Please.","text":"Like and comment Please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/161081085","repostId":"2144130887","repostType":4,"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133443901,"gmtCreate":1621790195703,"gmtModify":1704362423946,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"like n comment pls [Smile]","listText":"like n comment pls [Smile]","text":"like n comment pls [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/133443901","repostId":"2137907575","repostType":4,"repost":{"id":"2137907575","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":1621610772,"share":"https://ttm.financial/m/news/2137907575?lang=&edition=fundamental","pubTime":"2021-05-21 23:26","market":"us","language":"en","title":"U.S. Congress to hold hearing on SPACs, ramping up scrutiny","url":"https://stock-news.laohu8.com/highlight/detail?id=2137907575","media":"Reuters","summary":"WASHINGTON, May 21 (Reuters) - U.S. lawmakers are ramping up scrutiny of special purpose acquisition","content":"<p>WASHINGTON, May 21 (Reuters) - U.S. lawmakers are ramping up scrutiny of special purpose acquisition companies, or SPACs, with a hearing set for Monday as they consider legislation aimed at curbing liability protections for the industry.</p>\n<p>The U.S. Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a> has heightened its focus on SPACs in recent months through a series of public statements, new guidance and a Wall Street bank inquiry led by the agency's enforcement team. Republican Senator John Kennedy from Louisiana last month introduced a bill aimed at boosting transparency for investors in SPACs.</p>\n<p>SPACs are shell companies that raise money via a listing to acquire a private company with the purpose of taking it public, sidestepping a traditional initial public offering <a href=\"https://laohu8.com/S/IPO.UK\">$(IPO.UK)$</a> process. Critics say banks and SPAC sponsors have reaped big payoffs at a cost to later-stage investors.</p>\n<p>Monday's hearing in a House Financial Services subcommittee is aimed at SPACs, direct listings and IPOs, according to a hearing notice published on May 19. The House is considering legislation that would redefine \"blank check company\" from a key 1995 law to include special purpose acquisition companies, according to the notice.</p>\n<p>The law created a safe harbor that protects listed companies from shareholder litigation provided forward-looking statements are made in good faith, identified as such and couched in cautionary language.</p>\n<p>The safe harbor does not protect IPOs or certain blank check companies, but sponsors have generally operated on the basis that it does apply to SPAC deals, and have leaned on it heavily to issue growth projections. The SEC has been mulling guidance that would curb these projections, Reuters reported earlier this month.</p>\n<p>The prospects for the bill to become law are unclear, but it signals growing Congressional attention on the industry.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Congress to hold hearing on SPACs, ramping up scrutiny</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Congress to hold hearing on SPACs, ramping up scrutiny\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\">2021-05-21 23:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, May 21 (Reuters) - U.S. lawmakers are ramping up scrutiny of special purpose acquisition companies, or SPACs, with a hearing set for Monday as they consider legislation aimed at curbing liability protections for the industry.</p>\n<p>The U.S. Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a> has heightened its focus on SPACs in recent months through a series of public statements, new guidance and a Wall Street bank inquiry led by the agency's enforcement team. Republican Senator John Kennedy from Louisiana last month introduced a bill aimed at boosting transparency for investors in SPACs.</p>\n<p>SPACs are shell companies that raise money via a listing to acquire a private company with the purpose of taking it public, sidestepping a traditional initial public offering <a href=\"https://laohu8.com/S/IPO.UK\">$(IPO.UK)$</a> process. Critics say banks and SPAC sponsors have reaped big payoffs at a cost to later-stage investors.</p>\n<p>Monday's hearing in a House Financial Services subcommittee is aimed at SPACs, direct listings and IPOs, according to a hearing notice published on May 19. The House is considering legislation that would redefine \"blank check company\" from a key 1995 law to include special purpose acquisition companies, according to the notice.</p>\n<p>The law created a safe harbor that protects listed companies from shareholder litigation provided forward-looking statements are made in good faith, identified as such and couched in cautionary language.</p>\n<p>The safe harbor does not protect IPOs or certain blank check companies, but sponsors have generally operated on the basis that it does apply to SPAC deals, and have leaned on it heavily to issue growth projections. The SEC has been mulling guidance that would curb these projections, Reuters reported earlier this month.</p>\n<p>The prospects for the bill to become law are unclear, but it signals growing Congressional attention on the industry.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137907575","content_text":"WASHINGTON, May 21 (Reuters) - U.S. lawmakers are ramping up scrutiny of special purpose acquisition companies, or SPACs, with a hearing set for Monday as they consider legislation aimed at curbing liability protections for the industry.\nThe U.S. Securities and Exchange Commission $(SEC.UK)$ has heightened its focus on SPACs in recent months through a series of public statements, new guidance and a Wall Street bank inquiry led by the agency's enforcement team. Republican Senator John Kennedy from Louisiana last month introduced a bill aimed at boosting transparency for investors in SPACs.\nSPACs are shell companies that raise money via a listing to acquire a private company with the purpose of taking it public, sidestepping a traditional initial public offering $(IPO.UK)$ process. Critics say banks and SPAC sponsors have reaped big payoffs at a cost to later-stage investors.\nMonday's hearing in a House Financial Services subcommittee is aimed at SPACs, direct listings and IPOs, according to a hearing notice published on May 19. The House is considering legislation that would redefine \"blank check company\" from a key 1995 law to include special purpose acquisition companies, according to the notice.\nThe law created a safe harbor that protects listed companies from shareholder litigation provided forward-looking statements are made in good faith, identified as such and couched in cautionary language.\nThe safe harbor does not protect IPOs or certain blank check companies, but sponsors have generally operated on the basis that it does apply to SPAC deals, and have leaned on it heavily to issue growth projections. The SEC has been mulling guidance that would curb these projections, Reuters reported earlier this month.\nThe prospects for the bill to become law are unclear, but it signals growing Congressional attention on the industry.","news_type":1},"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133457755,"gmtCreate":1621789933077,"gmtModify":1704362420612,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"Nice nice","listText":"Nice nice","text":"Nice nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/133457755","repostId":"1111747453","repostType":4,"repost":{"id":"1111747453","pubTimestamp":1621609858,"share":"https://ttm.financial/m/news/1111747453?lang=&edition=fundamental","pubTime":"2021-05-21 23:10","market":"us","language":"en","title":"Tesla’s New Plaid Model Is Ready. That Should Help the Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1111747453","media":"Barrons","summary":"Tesla’s updated Model S sedan is ready.CEO Elon Musk tweeted out Thursday that his company will host a delivery event for the Plaid model of its Model S electric car on June 3. That is a milestone investors who are bullish on Tesla stock have been waiting for, but it isn’t the most important one.Tesla stock rose 4.1% amid a broad market rally Thursday, but the gain still left shares down for the week. Tesla stock was up another 0.8% in Friday trading, a touch better than the 0.7% gain in the Dow","content":"<p>Tesla’s updated Model S sedan is ready.</p>\n<p>CEO Elon Musk tweeted out Thursday that his company will host a delivery event for the Plaid model of its Model S electric car on June 3. That is a milestone investors who are bullish on Tesla stock have been waiting for, but it isn’t the most important one.</p>\n<p>Beginning deliveries should help the stock—-a little.</p>\n<p>Tesla(ticker: TSLA) stock rose 4.1% amid a broad market rally Thursday, but the gain still left shares down for the week. Tesla stock was up another 0.8% in Friday trading, a touch better than the 0.7% gain in the&nbsp;Dow Jones Industrial Average.The&nbsp;S&amp;P 500&nbsp;was up 0.5%.</p>\n<p><img src=\"https://static.tigerbbs.com/b73c480440da121bd6da538ca389d0ef\" tg-width=\"834\" tg-height=\"414\"></p>\n<p>The Plaid is billed by Tesla as the fastest production car ever, going zero to 60 in under 2 seconds. A&nbsp;Bugatti Chiron, which costs about $2.3 million and is equipped with a 16-cylinder, four-turbocharger engine, can go zero to 60 in about 2.3 seconds.</p>\n<p>Electric motors have better torque at zero revolutions a minute, giving drivers an incredible jolt from their initial acceleration.</p>\n<p>The&nbsp;Plaid edition&nbsp;of the Model S won’t cost anywhere near as much as a Chiron, but it will still run buyers $120,000 or more. Prices like that mean the car won’t sell in the high volumes seen from the Tesla Model 3 or Model Y. Those cars can be had for what a nicely equipped sedan from&nbsp;BMW&nbsp;(BMW.Germany) or evenToyota Motor&nbsp;(TM) or&nbsp;Honda&nbsp;(HMC) can cost.</p>\n<p>Still, the launch highlights Tesla’s ability to update its designs. The first Model S went into production almost a decade ago. Its performance shows Tesla is improving on its technologies for battery management and electric motors.</p>\n<p>All that is important for perceptions about Tesla, but there are bigger things on investors’ minds. Tesla is building new capacity in Austin, Texas, andBerlin. Investors want to see both plants on line by the end of the year, giving Tesla the output capacity needed to increase sales.</p>\n<p>Investors also want updates about the company’s autonomous driving programs. Musk has boasted the company is close to&nbsp;achieving fully autonomous cars&nbsp;with newer versions of its self-driving software. The new versions probably won’t mean drivers can actually leave the driver seat, but better driver-assistance functions are a competitive advantage for auto makers.</p>\n<p>The next version of the Tesla software is due to roll out in coming weeks.</p>\n<p>Capacity and autonomous driving have the potential to lift the stock in coming years. The Model S Plaid can help it in coming quarters.</p>\n<p>Tesla stock is in need of a lift. Shares are down about 35% from their 52-week high of more than $900, reached in January.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla’s New Plaid Model Is Ready. That Should Help the Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla’s New Plaid Model Is Ready. That Should Help the Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 23:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-model-s-new-plaid-model-ready-51621608150?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla’s updated Model S sedan is ready.\nCEO Elon Musk tweeted out Thursday that his company will host a delivery event for the Plaid model of its Model S electric car on June 3. That is a milestone ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-model-s-new-plaid-model-ready-51621608150?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-model-s-new-plaid-model-ready-51621608150?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111747453","content_text":"Tesla’s updated Model S sedan is ready.\nCEO Elon Musk tweeted out Thursday that his company will host a delivery event for the Plaid model of its Model S electric car on June 3. That is a milestone investors who are bullish on Tesla stock have been waiting for, but it isn’t the most important one.\nBeginning deliveries should help the stock—-a little.\nTesla(ticker: TSLA) stock rose 4.1% amid a broad market rally Thursday, but the gain still left shares down for the week. Tesla stock was up another 0.8% in Friday trading, a touch better than the 0.7% gain in the Dow Jones Industrial Average.The S&P 500 was up 0.5%.\n\nThe Plaid is billed by Tesla as the fastest production car ever, going zero to 60 in under 2 seconds. A Bugatti Chiron, which costs about $2.3 million and is equipped with a 16-cylinder, four-turbocharger engine, can go zero to 60 in about 2.3 seconds.\nElectric motors have better torque at zero revolutions a minute, giving drivers an incredible jolt from their initial acceleration.\nThe Plaid edition of the Model S won’t cost anywhere near as much as a Chiron, but it will still run buyers $120,000 or more. Prices like that mean the car won’t sell in the high volumes seen from the Tesla Model 3 or Model Y. Those cars can be had for what a nicely equipped sedan from BMW (BMW.Germany) or evenToyota Motor (TM) or Honda (HMC) can cost.\nStill, the launch highlights Tesla’s ability to update its designs. The first Model S went into production almost a decade ago. Its performance shows Tesla is improving on its technologies for battery management and electric motors.\nAll that is important for perceptions about Tesla, but there are bigger things on investors’ minds. Tesla is building new capacity in Austin, Texas, andBerlin. Investors want to see both plants on line by the end of the year, giving Tesla the output capacity needed to increase sales.\nInvestors also want updates about the company’s autonomous driving programs. Musk has boasted the company is close to achieving fully autonomous cars with newer versions of its self-driving software. The new versions probably won’t mean drivers can actually leave the driver seat, but better driver-assistance functions are a competitive advantage for auto makers.\nThe next version of the Tesla software is due to roll out in coming weeks.\nCapacity and autonomous driving have the potential to lift the stock in coming years. The Model S Plaid can help it in coming quarters.\nTesla stock is in need of a lift. Shares are down about 35% from their 52-week high of more than $900, reached in January.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834195298,"gmtCreate":1629777864514,"gmtModify":1676530128367,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>share to get coin.. pls help to like too","listText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>share to get coin.. pls help to like too","text":"$Starbucks(SBUX)$share to get coin.. pls help to like too","images":[{"img":"https://static.tigerbbs.com/7259f3b6ed76a51d47cd1cf9f37f0801","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/834195298","isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":143263062,"gmtCreate":1625796343956,"gmtModify":1703748722985,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"Great. Pls like✓","listText":"Great. Pls like✓","text":"Great. Pls like✓","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/143263062","repostId":"1147859669","repostType":4,"repost":{"id":"1147859669","pubTimestamp":1625790658,"share":"https://ttm.financial/m/news/1147859669?lang=&edition=fundamental","pubTime":"2021-07-09 08:30","market":"us","language":"en","title":"Nvidia, Pfizer, Mastercard — Halftime Report traders answer your stock questions during the sell-off","url":"https://stock-news.laohu8.com/highlight/detail?id=1147859669","media":"CNBC","summary":"CNBC’s “Halftime Report” traders answered questions from CNBC Pro subscribersamid Thursday’s sell-of","content":"<div>\n<p>CNBC’s “Halftime Report” traders answered questions from CNBC Pro subscribersamid Thursday’s sell-off.\nThe traders discussed whether to hold ontoMastercardduring its period of stagnation and ifNvidia’...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/nvidia-pfizer-mastercard-halftime-report-traders-answer-your-stock-questions-during-the-sell-off.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia, Pfizer, Mastercard — Halftime Report traders answer your stock questions during the sell-off</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia, Pfizer, Mastercard — Halftime Report traders answer your stock questions during the sell-off\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/08/nvidia-pfizer-mastercard-halftime-report-traders-answer-your-stock-questions-during-the-sell-off.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CNBC’s “Halftime Report” traders answered questions from CNBC Pro subscribersamid Thursday’s sell-off.\nThe traders discussed whether to hold ontoMastercardduring its period of stagnation and ifNvidia’...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/nvidia-pfizer-mastercard-halftime-report-traders-answer-your-stock-questions-during-the-sell-off.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MA":"万事达"},"source_url":"https://www.cnbc.com/2021/07/08/nvidia-pfizer-mastercard-halftime-report-traders-answer-your-stock-questions-during-the-sell-off.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1147859669","content_text":"CNBC’s “Halftime Report” traders answered questions from CNBC Pro subscribersamid Thursday’s sell-off.\nThe traders discussed whether to hold ontoMastercardduring its period of stagnation and ifNvidia’s stock has topped and whether pharmaceutical plays likePfizerare over.\nJosh Brown, co-founder and CEO of Ritholtz Wealth Management, recommended long-term investors hold onto Mastercard.\n“The stock is up 350% in the last five year,” said Brown. “Yes, its had a couple of months where it hasn’t really gone anywhere, but that’s not at all out of character for any of these large-cap technology slash finance companies. They move in spurts.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184573458,"gmtCreate":1623720166574,"gmtModify":1704209464595,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"Please comment on my comment. Thanks!","listText":"Please comment on my comment. Thanks!","text":"Please comment on my comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/184573458","repostId":"1121118715","repostType":4,"repost":{"id":"1121118715","pubTimestamp":1623719145,"share":"https://ttm.financial/m/news/1121118715?lang=&edition=fundamental","pubTime":"2021-06-15 09:05","market":"us","language":"en","title":"Jamie Dimon says JPMorgan is sitting on about $500 billion in cash, waiting to invest in higher rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1121118715","media":"MarketWatch","summary":"‘I do expect you will see higher rates and more inflation today,’ Dimon says\nJPMorgan CEO Jamie Dimo","content":"<p>‘I do expect you will see higher rates and more inflation today,’ Dimon says</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7378099411bd94fa5e655490af127af9\" tg-width=\"1260\" tg-height=\"840\"><span>JPMorgan CEO Jamie Dimon helms the biggest U.S. bank by assets.</span></p>\n<p>Banking giant JPMorgan has been sitting on about a half-trillion-dollar stockpile of cash, waiting to invest in higher rates in the coming months, instead of buying Treasurys or other securities, Chief Executive Jamie Dimon said Monday at a virtual banking conference.</p>\n<p>“We do expect rates to stay low for a bit longer; the Fed has told us that,” Dimon, the longtime boss of JPMorgan Chase &amp; Co.,said Monday at the&nbsp;Morgan Stanley U.S. Financial Services Conference, per an initial transcript of the talk.</p>\n<p>But “if you look at our balance sheet, we have like $500 billion in cash and we’ve actually been stockpiling more and more cash waiting for [an] opportunity to invest in higher rates,” Dimon said.</p>\n<p>The plan aims to position the bank to “benefit from rising rates both from the short end and the long run and long rates,” he said, adding that it will hinge “on the decision we make over the next six to nine months.”</p>\n<p>“But I do expect you are going to see higher rates and more inflation today.”</p>\n<p>The yield on the 10-year Treasury note&nbsp;rose about 3.7 basis points on Monday to 1.499%, well off the 1.749% high for the year hit in March, but still up about 60 basis points on the year, according to Dow Jones Market Data.</p>\n<p>The Federal Reserve’s rate-setting gathers for two days this week, starting Tuesday, with investors awaiting a policy update Wednesday to see how the central bank is grappling with evidence of surging inflation in recent months, but also slack in the job market during the COVID pandemic recovery.</p>\n<p>Investors also will be listening to any hints of change in terms of the Fed’s outlook for rates and around future plans for its monthly asset purchases, viewed as a first step to tightening its easy-monetary stance.</p>\n<p>The U.S. central bank at present buys about $80 billion of Treasurys and $40 billion of mortgage-backed securities each month, while keeping benchmark interest rates between 0% and 0.25%.</p>\n<p>But while inflation has been surprisingly hot, many economists and strategists expect the Fed to wait until the fall to see how the labor market responds to the inflation spike.</p>\n<p>Stocks finished mostly higherMonday ahead of the Fed update, with the Nasdaq Composite Index&nbsp;and the S&amp;P 500 index&nbsp;closing at fresh records and Dow Jones Industrial Average&nbsp;ending off the day’s lows.</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>Jamie Dimon says JPMorgan is sitting on about $500 billion in cash, waiting to invest in higher rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJamie Dimon says JPMorgan is sitting on about $500 billion in cash, waiting to invest in higher rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/dimon-jpmorgan-is-sitting-on-about-500-million-in-cash-waiting-to-invest-in-higher-rates-11623700397?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘I do expect you will see higher rates and more inflation today,’ Dimon says\nJPMorgan CEO Jamie Dimon helms the biggest U.S. bank by assets.\nBanking giant JPMorgan has been sitting on about a half-...</p>\n\n<a href=\"https://www.marketwatch.com/story/dimon-jpmorgan-is-sitting-on-about-500-million-in-cash-waiting-to-invest-in-higher-rates-11623700397?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":{"JPM":"摩根大通"},"source_url":"https://www.marketwatch.com/story/dimon-jpmorgan-is-sitting-on-about-500-million-in-cash-waiting-to-invest-in-higher-rates-11623700397?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121118715","content_text":"‘I do expect you will see higher rates and more inflation today,’ Dimon says\nJPMorgan CEO Jamie Dimon helms the biggest U.S. bank by assets.\nBanking giant JPMorgan has been sitting on about a half-trillion-dollar stockpile of cash, waiting to invest in higher rates in the coming months, instead of buying Treasurys or other securities, Chief Executive Jamie Dimon said Monday at a virtual banking conference.\n“We do expect rates to stay low for a bit longer; the Fed has told us that,” Dimon, the longtime boss of JPMorgan Chase & Co.,said Monday at the Morgan Stanley U.S. Financial Services Conference, per an initial transcript of the talk.\nBut “if you look at our balance sheet, we have like $500 billion in cash and we’ve actually been stockpiling more and more cash waiting for [an] opportunity to invest in higher rates,” Dimon said.\nThe plan aims to position the bank to “benefit from rising rates both from the short end and the long run and long rates,” he said, adding that it will hinge “on the decision we make over the next six to nine months.”\n“But I do expect you are going to see higher rates and more inflation today.”\nThe yield on the 10-year Treasury note rose about 3.7 basis points on Monday to 1.499%, well off the 1.749% high for the year hit in March, but still up about 60 basis points on the year, according to Dow Jones Market Data.\nThe Federal Reserve’s rate-setting gathers for two days this week, starting Tuesday, with investors awaiting a policy update Wednesday to see how the central bank is grappling with evidence of surging inflation in recent months, but also slack in the job market during the COVID pandemic recovery.\nInvestors also will be listening to any hints of change in terms of the Fed’s outlook for rates and around future plans for its monthly asset purchases, viewed as a first step to tightening its easy-monetary stance.\nThe U.S. central bank at present buys about $80 billion of Treasurys and $40 billion of mortgage-backed securities each month, while keeping benchmark interest rates between 0% and 0.25%.\nBut while inflation has been surprisingly hot, many economists and strategists expect the Fed to wait until the fall to see how the labor market responds to the inflation spike.\nStocks finished mostly higherMonday ahead of the Fed update, with the Nasdaq Composite Index and the S&P 500 index closing at fresh records and Dow Jones Industrial Average ending off the day’s lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":18,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133440900,"gmtCreate":1621789982700,"gmtModify":1704362420936,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"Buy buy","listText":"Buy buy","text":"Buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/133440900","repostId":"2137773902","repostType":4,"repost":{"id":"2137773902","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":1621608247,"share":"https://ttm.financial/m/news/2137773902?lang=&edition=fundamental","pubTime":"2021-05-21 22:44","market":"us","language":"en","title":"Samsung Elec to invest $17 bln in new chip foundry in u.s.-Blue House","url":"https://stock-news.laohu8.com/highlight/detail?id=2137773902","media":"Reuters","summary":"SEOUL, May 21 (Reuters) - Samsung Electronics plans to invest $17 billion for a new plant for chip c","content":"<p>SEOUL, May 21 (Reuters) - Samsung Electronics plans to invest $17 billion for a new plant for chip contract manufacturing in the United States, South Korea's presidential office said on Friday.</p>\n<p>Documents filed with Texas state officials previously showed that Samsung is considering Austin, Texas, as <a href=\"https://laohu8.com/S/AONE\">one</a> of the sites for a new $17 billion chip plant that the South Korean firm said could create 1,800 jobs.</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>Samsung Elec to invest $17 bln in new chip foundry in u.s.-Blue House</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSamsung Elec to invest $17 bln in new chip foundry in u.s.-Blue House\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\">2021-05-21 22:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SEOUL, May 21 (Reuters) - Samsung Electronics plans to invest $17 billion for a new plant for chip contract manufacturing in the United States, South Korea's presidential office said on Friday.</p>\n<p>Documents filed with Texas state officials previously showed that Samsung is considering Austin, Texas, as <a href=\"https://laohu8.com/S/AONE\">one</a> of the sites for a new $17 billion chip plant that the South Korean firm said could create 1,800 jobs.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SSNLF":"三星电子"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137773902","content_text":"SEOUL, May 21 (Reuters) - Samsung Electronics plans to invest $17 billion for a new plant for chip contract manufacturing in the United States, South Korea's presidential office said on Friday.\nDocuments filed with Texas state officials previously showed that Samsung is considering Austin, Texas, as one of the sites for a new $17 billion chip plant that the South Korean firm said could create 1,800 jobs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811183885,"gmtCreate":1630297269047,"gmtModify":1676530261031,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/811183885","repostId":"2163082020","repostType":4,"repost":{"id":"2163082020","pubTimestamp":1630289041,"share":"https://ttm.financial/m/news/2163082020?lang=&edition=fundamental","pubTime":"2021-08-30 10:04","market":"sg","language":"en","title":"Gold prices rise to highest in more than three weeks on Powell's dovish tone","url":"https://stock-news.laohu8.com/highlight/detail?id=2163082020","media":"The Straits Times","summary":"BENGALURU (REUTERS) - Gold prices scaled on Monday to their highest in more than three weeks after U","content":"<div>\n<p>BENGALURU (REUTERS) - Gold prices scaled on Monday to their highest in more than three weeks after US Federal Reserve Chair Jerome Powell stopped short of providing any clear guidance on the timeline ...</p>\n\n<a href=\"http://www.straitstimes.com/business/economy/gold-prices-rise-to-highest-in-more-than-three-weeks-on-powells-dovish-tone\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Gold prices rise to highest in more than three weeks on Powell's dovish tone</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGold prices rise to highest in more than three weeks on Powell's dovish tone\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-30 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/economy/gold-prices-rise-to-highest-in-more-than-three-weeks-on-powells-dovish-tone><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BENGALURU (REUTERS) - Gold prices scaled on Monday to their highest in more than three weeks after US Federal Reserve Chair Jerome Powell stopped short of providing any clear guidance on the timeline ...</p>\n\n<a href=\"http://www.straitstimes.com/business/economy/gold-prices-rise-to-highest-in-more-than-three-weeks-on-powells-dovish-tone\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/economy/gold-prices-rise-to-highest-in-more-than-three-weeks-on-powells-dovish-tone","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163082020","content_text":"BENGALURU (REUTERS) - Gold prices scaled on Monday to their highest in more than three weeks after US Federal Reserve Chair Jerome Powell stopped short of providing any clear guidance on the timeline for paring economic support at the Jackson Hole economic conference.\nSpot gold was up 0.2 per cent at US$1,819.71 per ounce, as of 0046 GMT. Earlier in the session, bullion hit a peak since Aug 4 at US$1,820.50.\nUS gold futures were up 0.2 per cent at US$1,823.10.\nOn Friday, Powell offered no signal on when the central bank plans to cut its asset purchases beyond saying it could be\"this year\" and indicated it will remain cautious in any eventual decision to raise interest rates.\nLower interest rates reduce the opportunity cost of holding non-yielding bullion.\nPowell's statement pushed the dollar index to a two-week trough, bolstering the bullion's appeal for those holding other currencies.\nData on Friday showed U.S. consumer spending slowed in July, while fears about the COVID-19 Delta variant knocked consumer sentiment to a more than 9-1/2-year low in August.\nPhysical gold demand in India was subdued last week as jewellers held off purchases, hoping for a dip in prices, but top consumer China saw a slight uptick in activity.\nSales of gold bracelets, pendants, earrings and necklaces that draw on traditional Chinese symbols are flying among young consumers, helping drive a rebound in gold demand in China after a pandemic-induced slump.\nSpeculators raised their net long positions in COMEX gold and silver in the week ended Aug. 24, data from the US Commodity Futures Trading Commission showed.\nSilver rose 0.3 per cent to US$24.07 per ounce, while platinum climbed 0.7 per cent to US$1,015.08. Palladium was 0.5 per cent higher at US$2,430.23.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830887066,"gmtCreate":1629046995655,"gmtModify":1676529916265,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>ehy why&nbsp;","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>ehy why&nbsp;","text":"$BlackBerry(BB)$ehy why","images":[{"img":"https://static.tigerbbs.com/7487fcf125209e24909f46763fa4dfb2","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/830887066","isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":892070293,"gmtCreate":1628619173912,"gmtModify":1676529799169,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>buy more coffee&nbsp;","listText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>buy more coffee&nbsp;","text":"$Starbucks(SBUX)$buy more coffee","images":[{"img":"https://static.tigerbbs.com/7bd767f8953fa71a14d273eb67d21436","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/892070293","isVote":1,"tweetType":1,"viewCount":141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":127290761,"gmtCreate":1624849325253,"gmtModify":1703846143301,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127290761","repostId":"2146007118","repostType":4,"repost":{"id":"2146007118","pubTimestamp":1624826996,"share":"https://ttm.financial/m/news/2146007118?lang=&edition=fundamental","pubTime":"2021-06-28 04:49","market":"us","language":"en","title":"June jobs report, Consumer confidence: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2146007118","media":"Yahoo Finance","summary":"This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.On Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.However, a confluence of ","content":"<p>This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.</p>\n<p>On Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.</p>\n<p>Non-farm payrolls likely grew by 700,000 in June, according to Bloomberg consensus data. This would accelerate from the 559,000 added back in May and mark the biggest rise since March. And the unemployment rate is expected to move down to 5.6% from 5.8% in May, bringing the jobless rate closer to its pre-pandemic, 50-year low of 3.5%.</p>\n<p>\"Payrolls probably surged again in June, with the pace up from the +559,000 in May,\" TD Securities strategists wrote in a note Friday. \"Some acceleration in the private sector is suggested by the Homebase data, while government payrolls probably benefited from fewer than usual end-of-school-year layoffs.\"</p>\n<p>Even with a sizable monthly payroll gain, the economy would still be well off its pre-pandemic levels of employment. Heading into June, the U.S. economy was still down by more than 7 million payrolls compared to February 2020, with the deficit most pronounced in high-contact services industries like restaurants and hotels.</p>\n<p>But both services and manufacturing companies have cited shortages of qualified workers to fill open positions, which hit a record high of over 9 million as of latest data. These supply-and-demand mismatches in the labor market – with shortages noted by firms from FedEx (FDX) to Yum Brands (YUM) — have also begun to push wages higher and created additional costs for businesses. In Friday's report, average hourly earnings are expected to jump 3.6% year-on-year for June, accelerating from May's 2% increase.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b881fe96eccc72cff61bf35b0dfa72fa\" tg-width=\"5210\" tg-height=\"3404\" referrerpolicy=\"no-referrer\"><span>SAN FRANCISCO, CALIFORNIA - JUNE 03: A pedestrian walks by a Now Hiring sign outside of a Lamps Plus store on June 03, 2021 in San Francisco, California. According to a U.S. Labor Department report, jobless claims fell for a fifth straight week to 385,000. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images</span></p>\n<p>\"Strong demand and weak supply should continue to put upward pressure on wages,\" Bank of America economist Michelle Meyer wrote in a note. \"Workers are quitting at a higher rate as they find better opportunities.\"</p>\n<p>However, a confluence of factors that have kept workers on the sidelines of the labor market may start to lessen in the coming months, some economists noted. Many have agreed that a combination of childcare concerns, fears of contracting COVID-19 and ongoing enhanced federal unemployment benefits have contributed to the still-elevated levels of joblessness, but that each of these should diminish as schools reopen, vaccinations continue and jobless benefits get phased out over the next several months.</p>\n<p>\"Labor supply may soon pick up,\" Meyer said. \"We find evidence of a quicker drop in unemployment insurance (UI) applications in states that discontinued generous federal UI benefits.\"</p>\n<p>\"Four states — Alaska, Iowa, Mississippi and Missouri — opted out in June 12 and UI applications in those states have fallen faster compared to other states, according to the latest initial jobless claims figures,\" she added. \"With another eight states opting out in the week ending June 19 and a total of 25 states by end of the summer, more workers should return to the workforce, helping to ease wage pressures and help meet the strong labor demand in the economy.\"</p>\n<h2>Consumer confidence</h2>\n<h2></h2>\n<p>Another closely watched economic data print this week will be the Conference Board's June consumer confidence index, which is expected to reflect a strong pick-up in sentiment during the recovery and heading into the summer. The report is due for release Tuesday morning.</p>\n<p>The headline index is likely to rise to 119.0 for June from 117.2 in May, according to Bloomberg consensus data. This would mark the highest level since February 2020's 132.6, which itself had been a near two-decade high.</p>\n<p>Like investors, consumers have begun to warm to the notion that inflationary pressures seen during the early stages of the economic recovery may prove transitory. This has helped raise consumers' future expectations for their spending power and boosted sentiment at large, according to other consumer sentiment surveys including the University of Michigan's Surveys of Consumers.</p>\n<p>Not only did year-ahead inflation expectations fall slightly to 4.2% in June from May's decade peak of 4.6%, consumers also believed that the price surges will mostly be temporary,\" Richard Curtin, chief economist for the Surveys of Consumers, said on Friday.</p>\n<p>\"When the pandemic first started, consumers were quite uncertain about their job and income prospects, but reported widespread declines in market prices for homes, vehicles, and household durables,\" he added. \"Those favorable price references have dropped to the most negative in a decade, and job and income prospects have improved, but not quite as favorable as in the last few years of the prior expansion.\"</p>\n<p>Still, in a sign of some downside risk in Tuesday's report from the Conference Board, the University of Michigan's June final sentiment index edged lower to 85.5, coming in below the 86.4 preliminary print, but still above May's reading of 82.9.</p>\n<h2>Economic Calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Dallas Fed Manufacturing Activity Index, June (32.5 expected, 34.9 in May)</p></li>\n <li><p><b>Tuesday: </b>FHFA House Price Index, month-on-month, April (1.7% expected, 1.4% in March); S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite index, month-over-month, April (1.80% expected, 1.60% in March); S&amp;P CoreLogic Case-Shiller 20-City Composite index, year-over-year, April (13.27% in March); Conference Board Consumer Confidence, June (119.0 expected, 117.2 in May)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended June 25 (2.1% during prior week); ADP Employment Change, June (575,000 expected, 978,000 in May); MNI Chicago PMI, June (70.0 expected, 75.2 in May); Pending home sales, month-over-month, May (-1.0% expected, -4.4% in April);</p></li>\n <li><p><b>Thursday: </b>Challenger Job Cuts, year-over-year, June (-93.8% in May); Initial jobless claims, week ended June 26 (380,000 expected, 411,000 during prior week); Continuing claims, week ended June 19 (3.39 million during prior week); <a href=\"https://laohu8.com/S/MRKT\">Markit</a> US Manufacturing PMI, June final (62.6 in prior print); Construction Spending month-over-month, May (0.5% expected 0.2% in April); ISM Manufacturing, June (61.0 expected, 61.2 in May)</p></li>\n <li><p><b>Friday: </b>Change in non-farm payrolls, June (700,000 expected, 559,000 in May); Unemployment rate, June (5.6% expected, 5.8% in May); Average hourly earnings year-over-year, June (3.6% expected, 2.0% in May); Average hourly earnings, month-over-month, June (0.4% expected, 0.5% in May); Trade balance, May (-$71.0 billion expected, -$68.9 billion in April); Factory orders, May (1.5% expected, -0.6% in April); Durable goods orders, May final (2.3% in prior print); Durable goods orders excluding transportation, May final (2.3% in prior print); Non-defense capital goods orders excluding aircraft, May final (-0.1% in April); Non-defense capital goods shipments excluding aircraft, May final (0.9% in prior print)</p></li>\n</ul>\n<h2>Earnings Calendar</h2>\n<ul>\n <li><p><b>Monday:</b> N/A</p></li>\n <li><p><b>Tuesday: </b>N/A</p></li>\n <li><p><b>Wednesday: </b>Constellation Brands (STZ), Bed Bath &amp; Beyond (BBBY), General Mills (GIS) before market open; Micron Technologies (MU) after market close</p></li>\n <li><p><b>Thursday: </b><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA) before market open</p></li>\n <li><p><b>Friday:</b> N/A</p></li>\n</ul>","source":"yahoofinance_au","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>June jobs report, Consumer confidence: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJune jobs report, Consumer confidence: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 04:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html\">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",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146007118","content_text":"This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.\nOn Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.\nNon-farm payrolls likely grew by 700,000 in June, according to Bloomberg consensus data. This would accelerate from the 559,000 added back in May and mark the biggest rise since March. And the unemployment rate is expected to move down to 5.6% from 5.8% in May, bringing the jobless rate closer to its pre-pandemic, 50-year low of 3.5%.\n\"Payrolls probably surged again in June, with the pace up from the +559,000 in May,\" TD Securities strategists wrote in a note Friday. \"Some acceleration in the private sector is suggested by the Homebase data, while government payrolls probably benefited from fewer than usual end-of-school-year layoffs.\"\nEven with a sizable monthly payroll gain, the economy would still be well off its pre-pandemic levels of employment. Heading into June, the U.S. economy was still down by more than 7 million payrolls compared to February 2020, with the deficit most pronounced in high-contact services industries like restaurants and hotels.\nBut both services and manufacturing companies have cited shortages of qualified workers to fill open positions, which hit a record high of over 9 million as of latest data. These supply-and-demand mismatches in the labor market – with shortages noted by firms from FedEx (FDX) to Yum Brands (YUM) — have also begun to push wages higher and created additional costs for businesses. In Friday's report, average hourly earnings are expected to jump 3.6% year-on-year for June, accelerating from May's 2% increase.\nSAN FRANCISCO, CALIFORNIA - JUNE 03: A pedestrian walks by a Now Hiring sign outside of a Lamps Plus store on June 03, 2021 in San Francisco, California. According to a U.S. Labor Department report, jobless claims fell for a fifth straight week to 385,000. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images\n\"Strong demand and weak supply should continue to put upward pressure on wages,\" Bank of America economist Michelle Meyer wrote in a note. \"Workers are quitting at a higher rate as they find better opportunities.\"\nHowever, a confluence of factors that have kept workers on the sidelines of the labor market may start to lessen in the coming months, some economists noted. Many have agreed that a combination of childcare concerns, fears of contracting COVID-19 and ongoing enhanced federal unemployment benefits have contributed to the still-elevated levels of joblessness, but that each of these should diminish as schools reopen, vaccinations continue and jobless benefits get phased out over the next several months.\n\"Labor supply may soon pick up,\" Meyer said. \"We find evidence of a quicker drop in unemployment insurance (UI) applications in states that discontinued generous federal UI benefits.\"\n\"Four states — Alaska, Iowa, Mississippi and Missouri — opted out in June 12 and UI applications in those states have fallen faster compared to other states, according to the latest initial jobless claims figures,\" she added. \"With another eight states opting out in the week ending June 19 and a total of 25 states by end of the summer, more workers should return to the workforce, helping to ease wage pressures and help meet the strong labor demand in the economy.\"\nConsumer confidence\n\nAnother closely watched economic data print this week will be the Conference Board's June consumer confidence index, which is expected to reflect a strong pick-up in sentiment during the recovery and heading into the summer. The report is due for release Tuesday morning.\nThe headline index is likely to rise to 119.0 for June from 117.2 in May, according to Bloomberg consensus data. This would mark the highest level since February 2020's 132.6, which itself had been a near two-decade high.\nLike investors, consumers have begun to warm to the notion that inflationary pressures seen during the early stages of the economic recovery may prove transitory. This has helped raise consumers' future expectations for their spending power and boosted sentiment at large, according to other consumer sentiment surveys including the University of Michigan's Surveys of Consumers.\nNot only did year-ahead inflation expectations fall slightly to 4.2% in June from May's decade peak of 4.6%, consumers also believed that the price surges will mostly be temporary,\" Richard Curtin, chief economist for the Surveys of Consumers, said on Friday.\n\"When the pandemic first started, consumers were quite uncertain about their job and income prospects, but reported widespread declines in market prices for homes, vehicles, and household durables,\" he added. \"Those favorable price references have dropped to the most negative in a decade, and job and income prospects have improved, but not quite as favorable as in the last few years of the prior expansion.\"\nStill, in a sign of some downside risk in Tuesday's report from the Conference Board, the University of Michigan's June final sentiment index edged lower to 85.5, coming in below the 86.4 preliminary print, but still above May's reading of 82.9.\nEconomic Calendar\n\nMonday: Dallas Fed Manufacturing Activity Index, June (32.5 expected, 34.9 in May)\nTuesday: FHFA House Price Index, month-on-month, April (1.7% expected, 1.4% in March); S&P CoreLogic Case-Shiller 20-City Composite index, month-over-month, April (1.80% expected, 1.60% in March); S&P CoreLogic Case-Shiller 20-City Composite index, year-over-year, April (13.27% in March); Conference Board Consumer Confidence, June (119.0 expected, 117.2 in May)\nWednesday: MBA Mortgage Applications, week ended June 25 (2.1% during prior week); ADP Employment Change, June (575,000 expected, 978,000 in May); MNI Chicago PMI, June (70.0 expected, 75.2 in May); Pending home sales, month-over-month, May (-1.0% expected, -4.4% in April);\nThursday: Challenger Job Cuts, year-over-year, June (-93.8% in May); Initial jobless claims, week ended June 26 (380,000 expected, 411,000 during prior week); Continuing claims, week ended June 19 (3.39 million during prior week); Markit US Manufacturing PMI, June final (62.6 in prior print); Construction Spending month-over-month, May (0.5% expected 0.2% in April); ISM Manufacturing, June (61.0 expected, 61.2 in May)\nFriday: Change in non-farm payrolls, June (700,000 expected, 559,000 in May); Unemployment rate, June (5.6% expected, 5.8% in May); Average hourly earnings year-over-year, June (3.6% expected, 2.0% in May); Average hourly earnings, month-over-month, June (0.4% expected, 0.5% in May); Trade balance, May (-$71.0 billion expected, -$68.9 billion in April); Factory orders, May (1.5% expected, -0.6% in April); Durable goods orders, May final (2.3% in prior print); Durable goods orders excluding transportation, May final (2.3% in prior print); Non-defense capital goods orders excluding aircraft, May final (-0.1% in April); Non-defense capital goods shipments excluding aircraft, May final (0.9% in prior print)\n\nEarnings Calendar\n\nMonday: N/A\nTuesday: N/A\nWednesday: Constellation Brands (STZ), Bed Bath & Beyond (BBBY), General Mills (GIS) before market open; Micron Technologies (MU) after market close\nThursday: Walgreens Boots Alliance (WBA) before market open\nFriday: N/A","news_type":1},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128206153,"gmtCreate":1624516480072,"gmtModify":1703839062504,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"Please like and comment!","listText":"Please like and comment!","text":"Please like and comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/128206153","repostId":"1199514762","repostType":4,"repost":{"id":"1199514762","pubTimestamp":1624514690,"share":"https://ttm.financial/m/news/1199514762?lang=&edition=fundamental","pubTime":"2021-06-24 14:04","market":"us","language":"en","title":"Bezos' 2021 Space Odyssey a risk too far for insurers","url":"https://stock-news.laohu8.com/highlight/detail?id=1199514762","media":"Reuters","summary":"June 24 (Reuters) - Launching one of the richest individuals on earth into orbit has proved a leap t","content":"<p>June 24 (Reuters) - Launching one of the richest individuals on earth into orbit has proved a leap too far for insurers, who are not ready to price the risk of losing Jeff Bezos or his fellow space travelers.</p>\n<p>Amazon CEO Bezos, a lifelong space enthusiast, has been vying with Elon Musk and Richard Branson to become the first billionaire to fly beyond the earth’s atmosphere.</p>\n<p>And while insurers are well known for offering cover for even the most outlandish of risks, at a price, potential accidents in space are not yet among them.</p>\n<p>“Space tourism involves significant risk, but is not an issue life insurers specifically ask about as yet because it is so rare for anyone to travel into space,” Insurance Information Institute (III) spokesperson Michael Barry said.</p>\n<p>There is a nearly $500 million market to insure satellites, rockets and unmanned space flight, but no legal requirement for an operator such as Blue Origin, which Bezos founded, to insure passengers for injury or death or for space tourists to have life cover, brokers and insurers said.</p>\n<p>“We’re not aware of a case where anybody is insured against passenger liability,” Neil Stevens, senior vice president, aviation and space at Marsh, the world’s biggest insurance broker, told Reuters.</p>\n<p>Assuming they lift-off as planned next month, Bezos and the other wannabe astronauts on Blue Origin’s New Shepard spacecraft will not only spend several minutes 62 miles (100 km) above the earth in a truck-sized capsule, they also have to get back.</p>\n<p>The only group that has regularly flown humans sub-orbitally since the 1960s is Branson’s Virgin Galactic. All have been tests, with one failure in 2014 resulting in a death. Blue Origin has flown 15 unmanned sub-orbital flights with no failures, Seradata SpaceTrak data showed on June 10.</p>\n<p>Bezos, Blue Origin and Virgin Galactic did not respond to requests for comment from Reuters on their insurance plans and flight records.</p>\n<p>‘DIFFERENT RISK PROFILES’</p>\n<p>Being uninsured in space is nothing new.</p>\n<p>NASA and the U.S., in general, do not buy liability cover, with government launches basically insured by taxpayers, Richard Parker of Assure Space, a unit of insurer AmTrust Financial that provides space insurance, said.</p>\n<p>NASA astronauts are eligible for government life insurance programs, a NASA spokesperson said in an emailed response.</p>\n<p>Charles Wetton, underwriting manager for space policies at insurer Global Aerospace, said astronauts on government-funded missions are carefully selected for their knowledge, skills and fitness and train for several years before blast off.</p>\n<p>“They and their families understand the risks of the work they do, Wetton said.</p>\n<p>But commercial space cadets may only get a few days of training for a sub-orbital flight or a few months for a ride to the International Space Station (ISS), Wetton said, adding: “These represent two very different risk profiles that insurers will take into account”.</p>\n<p>Blue Origin on its website says the spaceflight passenger will receive training the day before the launch, including mission and vehicle overviews, safety briefings, mission simulation and instruction on in-flight activities.</p>\n<p>Virgin Galactic said participants will get three days of training and preparation before the launch.</p>\n<p>Insurers expect iron clad waivers and contracts from commercial space travel firms, stating they will bear no burden if a passenger dies during a flight.</p>\n<p>NASA has called for responses from the industry for its plans for a liability framework for privately-funded astronaut missions to the ISS. NASA’s plans include requiring private astronauts to buy life insurance.</p>\n<p>It is still early days, but cover for space tourists may be the next step, said Tim Rush, senior vice president, U.S. space, at insurance broker Gallagher, adding that the life insurance market currently provides individual cover of $2-5 million for private astronauts.</p>\n<p>The only mandatory insurance in place for commercial space operators is third-party liability, mainly to cover property damage on earth or to a flying aircraft, said Akiko Hama, client executive, space and aerospace underwriting at Global Aerospace.</p>\n<p>Blue Origin plans for its six-seater spacecraft to take off on July 20 and fly for four minutes beyond the boundary between the earth’s atmosphere and outer space, where passengers will experience total weightlessness.</p>\n<p>MILLION DOLLAR QUESTION</p>\n<p>A key question for how the sector develops is whether risks related to tourism fall under space or aviation insurance lines, insurers and brokers told Reuters.</p>\n<p>The U.N. Outer Space Treaty and the Liability Convention of 1972 governs all activities in space and very few countries have a legal framework for commercial human spaceflight, they said.</p>\n<p>The first-ever aviation insurance policy was written by Lloyd’s of London in 1911. A few years later the market insured Charles Lindbergh and his single-engine plane for $18,000 on its non-stop flight from the United States to Europe.</p>\n<p>Space trips are different, said Marsh’s Stevens, because the passengers are returning to the same place as they left, making it technically a domestic trip to which international aviation insurance cannot be applied, meaning there will also be no limitation to liability.</p>\n<p>“The aviation, aircraft insurance market, and the like, are less keen to take on risks that involve spacecraft,” he said, adding that whether space tourism trips fall under aviation or space insurance is a “million dollar question”.</p>\n<p>While air travel is governed by rules that establish airline liability in the case of death of passengers, Stevens said he was unaware of plans for similar rules for space tourism.</p>\n<p>However, Wetton said Global Aerospace had started to receive enquiries from companies for sub-orbital missions.</p>\n<p>“In 10 years’ time, maybe the two lines, aviation and spaceflight will look very similar,” said Assure Space’s Parker.</p>\n<p>“Some legislative somewhere will say, look, we’re now having average Joes flying on these launch vehicles and need to protect them,” Parker added.</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>Bezos' 2021 Space Odyssey a risk too far for insurers</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\">\nBezos' 2021 Space Odyssey a risk too far for insurers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 14:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/space-exploration-insurance/focus-bezos-2021-space-odyssey-a-risk-too-far-for-insurers-idUSL3N2NY3PO><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>June 24 (Reuters) - Launching one of the richest individuals on earth into orbit has proved a leap too far for insurers, who are not ready to price the risk of losing Jeff Bezos or his fellow space ...</p>\n\n<a href=\"https://www.reuters.com/article/space-exploration-insurance/focus-bezos-2021-space-odyssey-a-risk-too-far-for-insurers-idUSL3N2NY3PO\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.reuters.com/article/space-exploration-insurance/focus-bezos-2021-space-odyssey-a-risk-too-far-for-insurers-idUSL3N2NY3PO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199514762","content_text":"June 24 (Reuters) - Launching one of the richest individuals on earth into orbit has proved a leap too far for insurers, who are not ready to price the risk of losing Jeff Bezos or his fellow space travelers.\nAmazon CEO Bezos, a lifelong space enthusiast, has been vying with Elon Musk and Richard Branson to become the first billionaire to fly beyond the earth’s atmosphere.\nAnd while insurers are well known for offering cover for even the most outlandish of risks, at a price, potential accidents in space are not yet among them.\n“Space tourism involves significant risk, but is not an issue life insurers specifically ask about as yet because it is so rare for anyone to travel into space,” Insurance Information Institute (III) spokesperson Michael Barry said.\nThere is a nearly $500 million market to insure satellites, rockets and unmanned space flight, but no legal requirement for an operator such as Blue Origin, which Bezos founded, to insure passengers for injury or death or for space tourists to have life cover, brokers and insurers said.\n“We’re not aware of a case where anybody is insured against passenger liability,” Neil Stevens, senior vice president, aviation and space at Marsh, the world’s biggest insurance broker, told Reuters.\nAssuming they lift-off as planned next month, Bezos and the other wannabe astronauts on Blue Origin’s New Shepard spacecraft will not only spend several minutes 62 miles (100 km) above the earth in a truck-sized capsule, they also have to get back.\nThe only group that has regularly flown humans sub-orbitally since the 1960s is Branson’s Virgin Galactic. All have been tests, with one failure in 2014 resulting in a death. Blue Origin has flown 15 unmanned sub-orbital flights with no failures, Seradata SpaceTrak data showed on June 10.\nBezos, Blue Origin and Virgin Galactic did not respond to requests for comment from Reuters on their insurance plans and flight records.\n‘DIFFERENT RISK PROFILES’\nBeing uninsured in space is nothing new.\nNASA and the U.S., in general, do not buy liability cover, with government launches basically insured by taxpayers, Richard Parker of Assure Space, a unit of insurer AmTrust Financial that provides space insurance, said.\nNASA astronauts are eligible for government life insurance programs, a NASA spokesperson said in an emailed response.\nCharles Wetton, underwriting manager for space policies at insurer Global Aerospace, said astronauts on government-funded missions are carefully selected for their knowledge, skills and fitness and train for several years before blast off.\n“They and their families understand the risks of the work they do, Wetton said.\nBut commercial space cadets may only get a few days of training for a sub-orbital flight or a few months for a ride to the International Space Station (ISS), Wetton said, adding: “These represent two very different risk profiles that insurers will take into account”.\nBlue Origin on its website says the spaceflight passenger will receive training the day before the launch, including mission and vehicle overviews, safety briefings, mission simulation and instruction on in-flight activities.\nVirgin Galactic said participants will get three days of training and preparation before the launch.\nInsurers expect iron clad waivers and contracts from commercial space travel firms, stating they will bear no burden if a passenger dies during a flight.\nNASA has called for responses from the industry for its plans for a liability framework for privately-funded astronaut missions to the ISS. NASA’s plans include requiring private astronauts to buy life insurance.\nIt is still early days, but cover for space tourists may be the next step, said Tim Rush, senior vice president, U.S. space, at insurance broker Gallagher, adding that the life insurance market currently provides individual cover of $2-5 million for private astronauts.\nThe only mandatory insurance in place for commercial space operators is third-party liability, mainly to cover property damage on earth or to a flying aircraft, said Akiko Hama, client executive, space and aerospace underwriting at Global Aerospace.\nBlue Origin plans for its six-seater spacecraft to take off on July 20 and fly for four minutes beyond the boundary between the earth’s atmosphere and outer space, where passengers will experience total weightlessness.\nMILLION DOLLAR QUESTION\nA key question for how the sector develops is whether risks related to tourism fall under space or aviation insurance lines, insurers and brokers told Reuters.\nThe U.N. Outer Space Treaty and the Liability Convention of 1972 governs all activities in space and very few countries have a legal framework for commercial human spaceflight, they said.\nThe first-ever aviation insurance policy was written by Lloyd’s of London in 1911. A few years later the market insured Charles Lindbergh and his single-engine plane for $18,000 on its non-stop flight from the United States to Europe.\nSpace trips are different, said Marsh’s Stevens, because the passengers are returning to the same place as they left, making it technically a domestic trip to which international aviation insurance cannot be applied, meaning there will also be no limitation to liability.\n“The aviation, aircraft insurance market, and the like, are less keen to take on risks that involve spacecraft,” he said, adding that whether space tourism trips fall under aviation or space insurance is a “million dollar question”.\nWhile air travel is governed by rules that establish airline liability in the case of death of passengers, Stevens said he was unaware of plans for similar rules for space tourism.\nHowever, Wetton said Global Aerospace had started to receive enquiries from companies for sub-orbital missions.\n“In 10 years’ time, maybe the two lines, aviation and spaceflight will look very similar,” said Assure Space’s Parker.\n“Some legislative somewhere will say, look, we’re now having average Joes flying on these launch vehicles and need to protect them,” Parker added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161086439,"gmtCreate":1623896536421,"gmtModify":1703822897775,"author":{"id":"3583538655439775","authorId":"3583538655439775","name":"Kohes","avatar":"https://static.tigerbbs.com/1ddc4dcdfa27a018ee4552af54b06450","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583538655439775","idStr":"3583538655439775"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/161086439","repostId":"1100450643","repostType":4,"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}