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BurningSun
02-24
Wish all Tigers have a Healthy & Prosperous Dragon year.
BurningSun
02-17
Got an umbrella from Tiger š¤
BurningSun
02-17
Huat Ah!!!
BurningSun
02-16
Health is above all.
BurningSun
02-14
Eagle Eye Tiger: The Tiger who finds the most words will receive a special Tiger giftā¦.Total words found : 38
BurningSun
02-13
Huat Ah !!!
BurningSun
02-10
Wish everyone have a Happy, Healthy & Prosperity Dragon Year. Huat Ah !!!!
BurningSun
2023-10-29
Happy Halloween š š»[Cool]
BurningSun
2023-01-23
Wish everyone have a Happy Chinese New Year, "Huat" and also Good Health in year of Rabbit š° [USD]
$Ardelyx(ARDX)$
[USD] [Call] [Call] [Call]
BurningSun
2021-09-23
[Thinking] Any underlying agendaā¦..
Tesla pushes U.S. to boost fuel economy penalties
BurningSun
2021-08-16
[Thinking] [Thinking]
7 Popular Stocks You Should Avoid At All Costs
BurningSun
2021-08-15
[Thinking]
Sorry, the original content has been removed
BurningSun
2021-08-07
[Speechless]
Wall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf
BurningSun
2021-08-07
[Thinking]
Sorry, the original content has been removed
BurningSun
2021-07-31
[Thinking]
Sorry, the original content has been removed
BurningSun
2021-07-31
[Thinking] [Thinking]
Sorry, the original content has been removed
BurningSun
2021-07-27
[Thinking]
Amazonās Cryptocurrency Plan Could Be a Game Changer
BurningSun
2021-07-25
[Speechless]
China confirms ban on for-profit tutoring in core school subjects - Xinhua
BurningSun
2021-07-23
Now, tech giant & education sector under spotlight from China government, which sector is nextā¦? [Thinking] [Thinking]
Sorry, the original content has been removed
BurningSun
2021-07-22
Abnormal climate from global warmingā¦.
From coal to cars, Chinese floods tangle supply chains
Go to Tiger App to see more news
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Huat Ah !!!!","listText":"Wish everyone have a Happy, Healthy & Prosperity Dragon Year. Huat Ah !!!!","text":"Wish everyone have a Happy, Healthy & Prosperity Dragon Year. Huat Ah !!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272249444987104","isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":235600234508400,"gmtCreate":1698552280944,"gmtModify":1698552285158,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586051882965466","idStr":"3586051882965466"},"themes":[],"htmlText":"Happy Halloween š š»[Cool] ","listText":"Happy Halloween š š»[Cool] ","text":"Happy Halloween š š»[Cool]","images":[{"img":"https://community-static.tradeup.com/news/cc618221a0b87070a9dbae01810568a4","width":"1173","height":"1164"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/235600234508400","isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9952392041,"gmtCreate":1674437977483,"gmtModify":1676538940267,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586051882965466","idStr":"3586051882965466"},"themes":[],"htmlText":"Wish everyone have a Happy Chinese New Year, \"Huat\" and also Good Health in year of Rabbit š° [USD] <a href=\"https://ttm.financial/S/ARDX\">$Ardelyx(ARDX)$ </a>[USD] [Call] [Call] [Call] ","listText":"Wish everyone have a Happy Chinese New Year, \"Huat\" and also Good Health in year of Rabbit š° [USD] <a href=\"https://ttm.financial/S/ARDX\">$Ardelyx(ARDX)$ </a>[USD] [Call] [Call] [Call] ","text":"Wish everyone have a Happy Chinese New Year, \"Huat\" and also Good Health in year of Rabbit š° [USD] $Ardelyx(ARDX)$ [USD] [Call] [Call] [Call]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952392041","isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863133553,"gmtCreate":1632362708572,"gmtModify":1676530763448,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586051882965466","idStr":"3586051882965466"},"themes":[],"htmlText":"[Thinking] Any underlying agendaā¦..","listText":"[Thinking] Any underlying agendaā¦..","text":"[Thinking] Any underlying agendaā¦..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863133553","repostId":"2169668181","repostType":4,"repost":{"id":"2169668181","pubTimestamp":1632359784,"share":"https://ttm.financial/m/news/2169668181?lang=&edition=fundamental","pubTime":"2021-09-23 09:16","market":"us","language":"en","title":"Tesla pushes U.S. to boost fuel economy penalties","url":"https://stock-news.laohu8.com/highlight/detail?id=2169668181","media":"Reuters","summary":"WASHINGTON (Reuters) - Tesla Inc is pressing President Joe Biden's administration and a U.S. appeals","content":"<p>WASHINGTON (Reuters) - Tesla Inc is pressing President Joe Biden's administration and a U.S. appeals court to move quickly to hike civil penalties for automakers failing to meet fuel economy requirements.</p>\n<p>Electric vehicle maker Tesla sells credits to other automakers to help them meet government vehicle emissions requirements, and says those credits are less valuable due to changes in rules made by former President Donald Trump's administration. Tesla met virtually on Aug. 30 with officials from the National Highway Traffic Safety Administration (NHTSA), according to a document filed by the agency last week.</p>\n<p>On Aug. 18, the NHTSA issued a notice saying it could impose higher penalties for prior model years for automakers failing to meet fuel efficiency requirements but will first consider public comments.</p>\n<p>Automakers have warned that hiking penalties could cost them at least $1 billion annually, both for failing to meet the rules and higher prices for credits used to meet the rules.</p>\n<p>The Trump administration in its final days in January delayed a 2016 regulation that more than doubled penalties for automakers failing to meet Corporate Average Fuel Economy (CAFE) requirements.</p>\n<p>The government memo said Tesla suggested NHTSA withdraw Trump's action immediately, saying it \"produces continuing uncertainty in investments and transactions across the industry, and any delays will continue to have deleterious effects on the credit market until the issue is resolved.\" It added Tesla believes \"any delays will continue to have deleterious effects on the credit market.\"</p>\n<p>Tesla on Aug. 27 separately again asked the Second Circuit U.S. Court of Appeals to quickly reinstate higher penalties. The court rejected Tesla's request in April for immediate action pending NHTSA's review.</p>\n<p>\"The uncertainty perpetuated by NHTSAās sluggish rulemaking pace is thus compounded by the likelihood of yet another round of litigation,\" Tesla wrote, warning uncertainty \"may linger for several more years.\"</p>\n<p>A group representing major automakers including General Motors, Toyota Motor, Ford Motor and Volkswagen, asked the court to reject Tesla's request. \"That Tesla might benefit from more certainty about the worth of the CAFE credits that it has amassed is hardly a reason to cut off an ongoing administrative process,\" the group wrote in a court filing.</p>\n<p>Under former President Barack Obama, higher penalties were to start in 2019 model year, but Trump set the effective date as the 2022 model year. NHTSA is considering reinstating the Obama rule.</p>\n<p>Those prior year CAFE penalties, which have still not been assessed, could cost Chrysler parent Stellantis hundreds of millions of dollars, while boosting the value of credits sold by Tesla.</p>\n<p>Stellantis said in August costs related to potential higher CAFE penalties could be about 521 million euros ($609 million). Fiat Chrysler paid nearly $150 million for failing to meet 2016 and 2017 requirements.</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>Tesla pushes U.S. to boost fuel economy penalties</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 pushes U.S. to boost fuel economy penalties\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 09:16 GMT+8 <a href=https://finance.yahoo.com/news/tesla-pushes-u-boost-fuel-230624777.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) - Tesla Inc is pressing President Joe Biden's administration and a U.S. appeals court to move quickly to hike civil penalties for automakers failing to meet fuel economy ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-pushes-u-boost-fuel-230624777.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"ē¹ęÆę"},"source_url":"https://finance.yahoo.com/news/tesla-pushes-u-boost-fuel-230624777.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2169668181","content_text":"WASHINGTON (Reuters) - Tesla Inc is pressing President Joe Biden's administration and a U.S. appeals court to move quickly to hike civil penalties for automakers failing to meet fuel economy requirements.\nElectric vehicle maker Tesla sells credits to other automakers to help them meet government vehicle emissions requirements, and says those credits are less valuable due to changes in rules made by former President Donald Trump's administration. Tesla met virtually on Aug. 30 with officials from the National Highway Traffic Safety Administration (NHTSA), according to a document filed by the agency last week.\nOn Aug. 18, the NHTSA issued a notice saying it could impose higher penalties for prior model years for automakers failing to meet fuel efficiency requirements but will first consider public comments.\nAutomakers have warned that hiking penalties could cost them at least $1 billion annually, both for failing to meet the rules and higher prices for credits used to meet the rules.\nThe Trump administration in its final days in January delayed a 2016 regulation that more than doubled penalties for automakers failing to meet Corporate Average Fuel Economy (CAFE) requirements.\nThe government memo said Tesla suggested NHTSA withdraw Trump's action immediately, saying it \"produces continuing uncertainty in investments and transactions across the industry, and any delays will continue to have deleterious effects on the credit market until the issue is resolved.\" It added Tesla believes \"any delays will continue to have deleterious effects on the credit market.\"\nTesla on Aug. 27 separately again asked the Second Circuit U.S. Court of Appeals to quickly reinstate higher penalties. The court rejected Tesla's request in April for immediate action pending NHTSA's review.\n\"The uncertainty perpetuated by NHTSAās sluggish rulemaking pace is thus compounded by the likelihood of yet another round of litigation,\" Tesla wrote, warning uncertainty \"may linger for several more years.\"\nA group representing major automakers including General Motors, Toyota Motor, Ford Motor and Volkswagen, asked the court to reject Tesla's request. \"That Tesla might benefit from more certainty about the worth of the CAFE credits that it has amassed is hardly a reason to cut off an ongoing administrative process,\" the group wrote in a court filing.\nUnder former President Barack Obama, higher penalties were to start in 2019 model year, but Trump set the effective date as the 2022 model year. NHTSA is considering reinstating the Obama rule.\nThose prior year CAFE penalties, which have still not been assessed, could cost Chrysler parent Stellantis hundreds of millions of dollars, while boosting the value of credits sold by Tesla.\nStellantis said in August costs related to potential higher CAFE penalties could be about 521 million euros ($609 million). Fiat Chrysler paid nearly $150 million for failing to meet 2016 and 2017 requirements.","news_type":1},"isVote":1,"tweetType":1,"viewCount":581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830424555,"gmtCreate":1629091894077,"gmtModify":1676529927114,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586051882965466","idStr":"3586051882965466"},"themes":[],"htmlText":"[Thinking] [Thinking] ","listText":"[Thinking] [Thinking] ","text":"[Thinking] [Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/830424555","repostId":"1100841503","repostType":4,"repost":{"id":"1100841503","pubTimestamp":1629076932,"share":"https://ttm.financial/m/news/1100841503?lang=&edition=fundamental","pubTime":"2021-08-16 09:22","market":"us","language":"en","title":"7 Popular Stocks You Should Avoid At All Costs","url":"https://stock-news.laohu8.com/highlight/detail?id=1100841503","media":"InvestorPlace","summary":"A possible market downturn could knock these stocks down to substantially lower prices\nSource: Shutt","content":"<p>A possible market downturn could knock these stocks down to substantially lower prices</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a664fbb38c9dc51ffe98b77292c1e5a7\" tg-width=\"1024\" tg-height=\"576\" referrerpolicy=\"no-referrer\"><span>Source: Shutterstock</span></p>\n<p>It may be too early to say that a stock market correction is just around the corner. Markets may be able to withstand the delta variant of Covid-19. Yet other possibilities in the near term, such as Americaās post-pandemic economic hitting a wall, or the recent rise in inflation ending up being more than ātransitory,ācould have a negative impact on equities. So, ahead of a correction, meltdown, or sell-off, what are some top stocks to avoid?</p>\n<p>How about popular stocks? This includes many of the meme stocks sent āto the moonā by <b>Reddit</b> traders. But it also encompasses many richly priced, high-growth names that have performed well since the start of the pandemic, yet could see significant pullback due to multiple compression.</p>\n<p>That is not to say these types of stocks no longer stand to become long-term winner. Itās just that, with the possibility of stocks experiencing a double-digit decline, you may be able to enter/re-enter them at a more favorable entry point soon down the road.</p>\n<p>So, what are some of the top popular stocks to avoid? Or, if you own them now, cash out as soon as possible. Consider these seven, meme stocks and non-meme stocks alike, names to stay away from for now:</p>\n<ul>\n <li><b>AMC Entertainment</b>(NYSE:<b><u>AMC</u></b>)</li>\n <li><b>Clover Health</b>(NASDAQ:<b><u>CLOV</u></b>)</li>\n <li><b>Nio</b>(NYSE:<b><u>NIO</u></b>)</li>\n <li><b>Palantir</b>(NYSE:<b><u>PLTR</u></b>)</li>\n <li><b>Peloton</b>(NASDAQ:<b><u>PTON</u></b>)</li>\n <li><b>SOS Ltd</b>(NYSE:<b><u>SOS</u></b>)</li>\n <li><b>Virgin Galactic Holdings</b>(NASDAQ:<b><u>SPCE</u></b>)</li>\n</ul>\n<p><b>AMC Entertainment (AMC)</b></p>\n<p>Its popularity among Reddit traders may be waning. So far, though, AMC Entertainment shares have managed to hold onto the majority of its meme stock gains. Itās down more than 56% from its 52-week high of $72.62. But at $31.75 per share, itās still up a staggering 1479.6% since the start of 2021.</p>\n<p>That being said, donāt expect shares in this movie theater chain to remain resilient from here. Like with <b>GameStop</b>(NYSE:<b><u>GME</u></b>) stock, Main Street investors may have clobbered Wall Street short-sellers in this name earlier this year. But the short side may be coming back with a vengeance. Even legendary short seller Jim Chanos has decided to take a shot at betting against AMC stock.</p>\n<p>Worse yet, this time, the so-called smart money could prevail against the<i>r/WallStreetBets</i>community. The overall meme stock trend has lost momentum, as itās failing to expand the pool of investors willing to use its counter-intuitive yet once highly-profitable strategy. Without investors buying it on hype and momentum, itāll continue to trade more on its fundamentals, which Chanos himself have said are deteriorating, as movie theaters are struggling to recover from Covid-19.</p>\n<p>Add in the fact the stock would still be pricey at between $10 and $15 per share, and a possible correction making even those still holding it with diamond hands skittish. More at play to sink it than send it bouncing back, consider AMC one of the top stocks to avoid right now.</p>\n<p><b>Clover Health (CLOV)</b></p>\n<p>Clover Health was one of the top-performing names during the second meme stock wave in late May and early June. Primarily, due to hype at the time surrounding its ability to get short-squeezed. More than two months back, it may have gone parabolic, surging from around $7 per share, to as much as $28.85 per share.</p>\n<p>But as investors have given up on this angle, shares in the insurtech company trying to disrupt the Medicare Advantage business are back to around $8.40 per share. Even worse? Further declines may be on the way.</p>\n<p>Why? Thereās a good reason why CLOV stock has been so heavily shorted. First, the red flags surrounding its business model. These were detailed in Hindenburg Researchās scathing āshort-reportāearlier this year. Second, concerns that its business model will not prove successful in the long term. This is due to its growth plateauing sooner than expected. Or, its financial performance (which has already disappointed Wall Street analysts), will be continuing to underwhelm.</p>\n<p>As its floundering while markets remain strong, you can imagine its possible downside if stocks in-general enter bear-market mode within the next few months. Ahead of Clover heading to even lower lows, it may be best throw in the towel if you own it, and steer clear if you do not.</p>\n<p><b>Nio (NIO)</b></p>\n<p>Lately, renewed interest in EV (electric vehicle) plays has helped to counter rising China regulatory crackdown fears when it comes to NIO stock. Yet there are some other factors that could put even more pressure on shares in the luxury EV maker, located in whatās become the worldās largest electrified vehicle market.</p>\n<p>Namely, itās still-stretched valuation. As<i>InvestorPlaceās</i> Will Ashworth recently wrote, Nio continues to be priced based on very optimistic delivery growth projections. The implication? Shares could sell off, if its delivery numbers and financial results end up falling short of expectations. Trading for around 13.2x projected 2021 sales, it needs to continue growing at a very high rate to remain at, or move above, todayās prices (around $40 per share).</p>\n<p>But even remaining firmly on the growth train may not be enough to prevent this high-flyer from experiencing multiple compression, if that starts to happen going forward due to inflation/interest rate worries. Like with many overvalued growth stocks, shares could experience a high double-digit decline, and still sport a premium valuation.</p>\n<p>Investors who got into this at around $3 per share, before the EV bubble emerged in mid-2020, have seen tremendous trading profits. Yet investors buying it today, or who have bought it anytime this year? They may be at risk of heavy losses, if they decide to hold instead of selling now.</p>\n<p><b>Palantir (PLTR)</b></p>\n<p>As I recently put it, Palantir is a wonderful company, but its stock is trading at an inflated price. That is, it makes sense why investors are bullish on this big data play. It continues to have big advantages when it comes to obtaining contracts with agencies of the U.S. federal government.</p>\n<p>Growing its client base in the private sector has so far been a work-in-progress. But that could soon change. As a<i>Seeking Alpha</i>commentator recently broke it down, the companyās commercial sales growth may be set to accelerate.</p>\n<p>The problem? Thatās more than accounted for in the PLTR stock price. Trading for a forward price-to-earnings, or P/E, ratio of 157x, this is a prime example of a priced for perfection situation. Yet just like with some of the other promising growth plays discussed in this gallery, meeting expectations by-itself may not be enough to keep shares from holding steady, much less help shares rally higher, from here.</p>\n<p>Putting it simply, this is another situation where multiple compression could result in a big declines. Shares could fall 50%, and still trade at a valuation that more than reflects its growth prospects. It may have a high quality underlying business. But donāt leave yourself exposed to holding the bag. Avoid Palantir stock.</p>\n<p><b>Peloton (PTON)</b></p>\n<p>Starting in June, the delta variantās spread has given investors hope that stay-at-home-economy winner PTON stock could continue to stay winning. Other factors, such as <b>UnitedHealthcare</b>(NYSE:<b><u>UNH</u></b>) announcing it will provide millions covered by its health insurance policies with free access to the companyās fitness class subscription service, have helped to boost shares in the at-home fitness company as well.</p>\n<p>However, these positive developments far from insure Peloton doesnāt continue to give back more of its pandemic-related gains. Also a stock trading for a triple-digit P/E ratio (127x estimated earnings for its fiscal year ending June 2023), multiple compression risk runs high with this name too.</p>\n<p>Not only that, as <i>InvestorPlaceās</i> Alex Siriois recently made the case, itās up for debate whether itāll continue to see above-average growth thanks to delta and subsequent Covid-19 variants. This may mean sales growth with its stationary bikes and treadmill equipment, and more importantly, subscriber growth for its high-margin connected fitness classes, falls short of expectations.</p>\n<p>In turn, itāll be tough for PTON stock to keep on sporting a P/E ratio north of 100x. With both company-specific and market-wide risks potentially sending it crashing down, thereās no need to buy or hold this still-popular stock right now.</p>\n<p><b>SOS Ltd (SOS)</b></p>\n<p>Even as <b>Bitcoin</b>(CCC:<b><u>BTC</u></b>) makes a recovery, itās best to stay away from SOS stock. Why? Among the many publicly traded companies in the business of crypto mining, this may be the riskiest. As you may recall, this was another popular stock targeted by vocal short-sellersearlier this year.</p>\n<p>Hindenburg Research, along with a lesser-known short research outfit (Culper Research), each released to investors a laundry list of red flags with this China-based Bitcoin miner. Mostly, concerns that not everything was on the up-and-up with the company.</p>\n<p>SOS responded within a few weeks, with a press release that attempted to assuage concerns raised by both short reports. Yet, while the allegations made could have been overblown, thereās still a lot of questions surrounding this company. It hasnāt been the most timely when it comes to releasing financial results. Also, little has been said about the impact of Chinaās crypto crackdown (which may result in a ban on mining within its borders) on the companyās operations.</p>\n<p><b>Virgin Galactic Holdings (SPCE)</b></p>\n<p>Richard Branson, the public face of Virgin Galactic, may have successfully gone up into space last monthon one of the companyās rockets. Itās making progress for sure. But donāt see this as a reason to buy its stock following its recent pullback.</p>\n<p>Falling from around $49 per share just before Bransonās launch, to around $25 recently, SPCE stock may look like a solid buy-the-dip situation. Yet itās important to remember that the company remains many years of turning its business model inspired by science fiction into economic reality.</p>\n<p>With only more test flights planned in the immediate future? Itās still going to take time before the company starts making money from its out-of-this-world operations. Thatās along with the fact that tickets today sell for $450,000 a pop. Eventually, this ticket price will come down. But donāt expect to happen on a time-frame short enough to allow it to grow into its $7.5 billion valuation.</p>\n<p>To top it all off, it a market correction and/or if multiple compression happens? Shares could make a fast ascent back to Earth. If you are bullish on space, there are scores of other plays you can buy. Stick with them, and hold off on SPCE stock.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Popular Stocks You Should Avoid At All Costs</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\">\n7 Popular Stocks You Should Avoid At All Costs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-16 09:22 GMT+8 <a href=https://investorplace.com/2021/08/stocks-to-avoid-7-popular-stocks-to-skip-at-all-costs/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A possible market downturn could knock these stocks down to substantially lower prices\nSource: Shutterstock\nIt may be too early to say that a stock market correction is just around the corner. Markets...</p>\n\n<a href=\"https://investorplace.com/2021/08/stocks-to-avoid-7-popular-stocks-to-skip-at-all-costs/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp","SOS":"SOS Limited","PTON":"Peloton Interactive, Inc.","AMC":"AMCé¢ēŗæ","SPCE":"ē»“ēé¶ę²³","PLTR":"Palantir Technologies Inc.","NIO":"čę„"},"source_url":"https://investorplace.com/2021/08/stocks-to-avoid-7-popular-stocks-to-skip-at-all-costs/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100841503","content_text":"A possible market downturn could knock these stocks down to substantially lower prices\nSource: Shutterstock\nIt may be too early to say that a stock market correction is just around the corner. Markets may be able toĀ withstand the delta variant of Covid-19. Yet other possibilities in the near term, such asĀ Americaās post-pandemic economic hitting a wall, or the recent rise in inflationĀ ending up being more than ātransitory,ācould have a negative impact on equities. So, ahead of a correction, meltdown, or sell-off, what are some top stocks to avoid?\nHow about popular stocks? This includes many of the meme stocks sent āto the moonā byĀ RedditĀ traders. But it also encompasses many richly priced, high-growth names that have performed well since the start of the pandemic, yet could see significant pullback due to multiple compression.\nThat is not to say these types of stocks no longer stand to become long-term winner. Itās just that, with the possibility of stocks experiencing a double-digit decline, you may be able to enter/re-enter them at a more favorable entry point soon down the road.\nSo, what are some of the top popular stocks to avoid? Or, if you own them now, cash out as soon as possible. Consider these seven, meme stocks and non-meme stocks alike, names to stay away from for now:\n\nAMC Entertainment(NYSE:AMC)\nClover Health(NASDAQ:CLOV)\nNio(NYSE:NIO)\nPalantir(NYSE:PLTR)\nPeloton(NASDAQ:PTON)\nSOS Ltd(NYSE:SOS)\nVirgin Galactic Holdings(NASDAQ:SPCE)\n\nAMC Entertainment (AMC)\nIts popularity among Reddit traders may be waning. So far, though, AMC Entertainment shares have managed to hold onto the majority of its meme stock gains. Itās down more than 56% from its 52-week high of $72.62. But at $31.75 per share, itās still up a staggering 1479.6% since the start of 2021.\nThat being said, donāt expect shares in this movie theater chain to remain resilient from here. Like withĀ GameStop(NYSE:GME) stock, Main Street investors may have clobbered Wall Street short-sellers in this name earlier this year. But the short side may be coming back with a vengeance. Even legendary short seller Jim Chanos hasĀ decided to take a shot at betting againstĀ AMC stock.\nWorse yet, this time, the so-called smart money could prevail against ther/WallStreetBetscommunity. The overall meme stock trend has lost momentum, as itās failing to expand the pool of investors willing to use its counter-intuitive yet once highly-profitable strategy. Without investors buying it on hype and momentum, itāll continue to trade more on its fundamentals, which Chanos himself have said are deteriorating, as movie theaters are struggling to recover from Covid-19.\nAdd in the fact the stock wouldĀ still be pricey at between $10 and $15 per share, and a possible correction making even those still holding it with diamond hands skittish. More at play to sink it than send it bouncing back, consider AMC one of the top stocks to avoid right now.\nClover Health (CLOV)\nClover Health was one of the top-performing names during the second meme stock wave in late May and early June. Primarily, due to hype at the time surrounding its ability to get short-squeezed. More than two months back, it may have gone parabolic, surging from around $7 per share, to as much as $28.85 per share.\nBut as investors have given up on this angle, shares in the insurtech company trying to disrupt the Medicare Advantage business are back to around $8.40 per share. Even worse? Further declines may be on the way.\nWhy? Thereās aĀ good reason why CLOV stock has been so heavily shorted. First, theĀ red flags surrounding its business model. These were detailed inĀ Hindenburg Researchās scathing āshort-reportāearlier this year. Second, concerns that its business model will not prove successful in the long term. This is due to its growth plateauing sooner than expected. Or, its financial performance (which has already disappointed Wall Street analysts), will be continuing to underwhelm.\nAs its floundering while markets remain strong, you can imagine its possible downside if stocks in-general enter bear-market mode within the next few months. Ahead of Clover heading to even lower lows, it may be best throw in the towel if you own it, and steer clear if you do not.\nNio (NIO)\nLately, renewed interest in EV (electric vehicle) plays has helped to counterĀ rising China regulatory crackdown fearsĀ when it comes to NIO stock. Yet there are some other factors that could put even more pressure on shares in the luxury EV maker, located in whatās becomeĀ the worldās largest electrified vehicle market.\nNamely, itās still-stretched valuation. AsInvestorPlaceāsĀ Will Ashworth recently wrote, Nio continues to be priced based onĀ very optimistic delivery growth projections. The implication? Shares could sell off, if its delivery numbers and financial results end up falling short of expectations. Trading for aroundĀ 13.2x projected 2021 sales, it needs to continue growing at a very high rate to remain at, or move above, todayās prices (around $40 per share).\nBut even remaining firmly on the growth train may not be enough to prevent this high-flyer from experiencing multiple compression, if that starts to happen going forward due to inflation/interest rate worries. Like with many overvalued growth stocks, shares could experience a high double-digit decline, and still sport a premium valuation.\nInvestors who got into this at around $3 per share, before the EV bubble emerged in mid-2020, have seen tremendous trading profits. Yet investors buying it today, or who have bought it anytime this year? They may be at risk of heavy losses, if they decide to hold instead of selling now.\nPalantir (PLTR)\nAs I recently put it, Palantir is a wonderful company, but its stock isĀ trading at an inflated price. That is, it makes sense why investors are bullish on this big data play. It continues to have big advantages when it comes to obtaining contracts with agencies of the U.S. federal government.\nGrowing its client base in the private sector has so far been a work-in-progress. But that could soon change. As aSeeking Alphacommentator recently broke it down, the companyāsĀ commercial sales growth may be set to accelerate.\nThe problem? Thatās more than accounted for in the PLTR stock price. Trading for a forward price-to-earnings, or P/E, ratio of 157x, this is a prime example of a priced for perfection situation. Yet just like with some of the other promising growth plays discussed in this gallery, meeting expectations by-itself may not be enough to keep shares from holding steady, much less help shares rally higher, from here.\nPutting it simply, this is another situation where multiple compression could result in a big declines. Shares could fall 50%, and still trade at a valuation that more than reflects its growth prospects. It may have a high quality underlying business. But donāt leave yourself exposed to holding the bag. Avoid Palantir stock.\nPeloton (PTON)\nStarting in June, theĀ delta variantās spreadĀ has given investors hope that stay-at-home-economy winner PTON stock could continue to stay winning. Other factors, such asĀ UnitedHealthcare(NYSE:UNH) announcing it will provide millions covered by its health insurance policies withĀ free accessĀ to the companyās fitness class subscription service, have helped to boost shares in the at-home fitness company as well.\nHowever, these positive developments far from insure Peloton doesnāt continue to give back more of its pandemic-related gains. Also a stock trading for a triple-digit P/E ratio (127x estimated earnings for its fiscal year ending June 2023), multiple compression risk runs high with this name too.\nNot only that, asĀ InvestorPlaceāsĀ Alex Siriois recently made the case, itās up for debate whether itāll continue to see above-average growth thanks toĀ delta and subsequent Covid-19 variants. This may mean sales growth with its stationary bikes and treadmill equipment, and more importantly, subscriber growth for its high-margin connected fitness classes, falls short of expectations.\nIn turn, itāll be tough for PTON stock to keep on sporting a P/E ratio north of 100x. With both company-specific and market-wide risks potentially sending it crashing down, thereās no need to buy or hold this still-popular stock right now.\nSOS Ltd (SOS)\nEven asĀ Bitcoin(CCC:BTC)Ā makes a recovery, itās best to stay away from SOS stock. Why? Among the many publicly traded companies in the business of crypto mining, this may be the riskiest. As you may recall, this was another popular stockĀ targeted by vocal short-sellersearlier this year.\nHindenburg Research, along with a lesser-known short research outfit (Culper Research), each released to investors a laundry list of red flags with this China-based Bitcoin miner. Mostly, concerns that not everything was on the up-and-up with the company.\nSOSĀ responded within a few weeks, with a press release that attempted to assuage concerns raised by both short reports. Yet, while the allegations made could have been overblown, thereās still a lot of questions surrounding this company. It hasnāt been the most timely when it comes to releasing financial results. Also, little has been said about the impact of Chinaās crypto crackdown (which may result in a ban on mining within its borders) on the companyās operations.\nVirgin Galactic Holdings (SPCE)\nRichard Branson, the public face of Virgin Galactic, may haveĀ successfully gone up into space last monthon one of the companyās rockets. Itās making progress for sure. But donāt see this as a reason to buy its stock following its recent pullback.\nFalling from around $49 per share just before Bransonās launch, to around $25 recently, SPCE stock may look like a solid buy-the-dip situation. Yet itās important to remember that the company remains many years of turning its business model inspired by science fiction into economic reality.\nWith only more test flights planned in the immediate future? Itās still going to take time before the company starts making money from its out-of-this-world operations. Thatās along with the fact that tickets today sell forĀ $450,000 a pop. Eventually, this ticket price will come down. But donāt expect to happen on a time-frame short enough to allow it to grow into its $7.5 billion valuation.\nTo top it all off, it a market correction and/or if multiple compression happens? Shares could make a fast ascent back to Earth. If you are bullish on space, there areĀ scores of other plays you can buy. Stick with them, and hold off on SPCE stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897755471,"gmtCreate":1628989653993,"gmtModify":1676529903691,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586051882965466","idStr":"3586051882965466"},"themes":[],"htmlText":"[Thinking] ","listText":"[Thinking] ","text":"[Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/897755471","repostId":"1101274827","repostType":4,"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891926335,"gmtCreate":1628320494627,"gmtModify":1703505063166,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586051882965466","idStr":"3586051882965466"},"themes":[],"htmlText":"[Speechless] ","listText":"[Speechless] ","text":"[Speechless]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/891926335","repostId":"1119792130","repostType":4,"repost":{"id":"1119792130","pubTimestamp":1628296709,"share":"https://ttm.financial/m/news/1119792130?lang=&edition=fundamental","pubTime":"2021-08-07 08:38","market":"us","language":"en","title":"Wall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf","url":"https://stock-news.laohu8.com/highlight/detail?id=1119792130","media":"Benzinga","summary":"Does crime pay?\nāMaking money is so easy,ā saidĀ Jordan BelfortĀ in a 2013 interview withNew Yorkmagaz","content":"<p><i>Does crime pay?</i></p>\n<p>āMaking money is so easy,ā said <b>Jordan Belfort</b> in a 2013 interview withNew Yorkmagazine. āIt really is. Itās not hard to do.ā</p>\n<p>Belfortās breezy pronouncement came as part of the publicity drumming for the release of <b>Martin Scorseseās</b> film version of Belfortās autobiography<b>āThe Wolf of Wall Street,ā</b>which starred <b>Leonardo DiCaprio</b> as Belfort.</p>\n<p>The New York article also featured input from <b>Greg Coleman,</b>the FBI special agent responsible for Belfortās arrest for fraud and stock market manipulation. From Colemanās perspective, Belfort wasn't worthy of movie star-level worship.</p>\n<p>āFrom a moral perspective, he was a reprehensible human being,ā Coleman said about Belfort. āAdmiration would be the wrong word, but from the perspective of manipulating the market, heās one of the best there is.ā</p>\n<p><b>A Kick In The Teeth:</b>A native of New York City, Belfort was born in 1962 in the Bronx and raised in the Bayside section of Queens. Both of his parents were accountants who stressed the value of education and maturity.</p>\n<p>Belfort received a degree in biology from American University and saw his career path in dentistry. He made money to pursue his dental studies by selling Italian ices on a beach in Queens and enrolled in the University of Maryland School of Dentistry.</p>\n<p>He dropped out after the first day of studies when the dean of the school made the astonishing pronouncement: āThe golden age of dentistry is over. If you're here simply because you're looking to make a lot of money, you're in the wrong place.\"</p>\n<p>But what was the right career for making money?</p>\n<p>Belfort returned from his day in dental school and found work as a door-to-door salesman in Long Island, where he sold meat and seafood. He started to grow a business based on this endeavor, but the effort failed to click and he wound up filing for bankruptcy by the time he was 25.</p>\n<p>āI was pretty talented,ā he would later recall about this unsuccessful venture. āBut the margins were too small.ā</p>\n<p>However, a family friend pointed him to a position as a stockbroker broker trainee with the Manhattan-based firm<b>L.F. Rothschild,</b>but he lost that position when the firm experienced financial difficulty after the 1987 stock market crash.</p>\n<p>He took positions with other firms including <b>D.H. Blair</b> and<b> F.D. Roberts Securities and Investors Center</b> ā the latter was apenny stockbrokerage shut down in 1989 by the U.S. Securities and Exchange Commission (SEC) one year after Belfort joined its staff.</p>\n<p>Discouraged at working for others in unstable environments, Belfort decided to turn entrepreneur and create his own financial operations, and thatās when the would-be dentist started his career lycanthropy into becoming the <b>Wolf of Wall Street.</b></p>\n<p><b>The Kodak Pitch:</b>In 1989, the 27-year-old Belfort teamed with 23-year-old <b>Kenneth Greene,</b>a fellow Investors Center employee who previously drove one of Belfortās trucks during his meat selling days.</p>\n<p>The pair opened their own brokerage in a spare office in a Queens car dealership and then arranged to set up a franchise of <b>Stratton Securities,</b>a small broker-dealer operation.</p>\n<p>The duo seemed to strike gold quickly. Within five months of starting their franchise, they accumulated $250,000 and were able to buy Stratton Securities for themselves, renaming it <b>Stratton Oakmont</b> and establishing an operations center in Lake Success, a Long Island town which was best known as the first site of the United Nations headquarters before its Manhattan campus was constructed.</p>\n<p>By 1991, Stratton Oakmont generated $30 million in commissions from a 150-person workforce. Many of his team members were twentysomethings from blue-collar backgrounds eager to make a maximum amount of money in a minimal amount of time.</p>\n<p>Belfort also enjoyed his first brush with fame in 1991 via a profile inForbesthat harshly displayed his virtues and vices. On the plus side, the Forbes coverage offered insight into Belfortās instruction on teaching his eager young employees the art of cold-calling potential investors.</p>\n<p>Using a technique he dubbed the<b>āKodak pitch,ā</b>Belfort instructed his brokers to begin their telephone spiel with a blue-chip stock such as <b>Eastman Kodak</b> before doing a hard-sell on obscurepenny stocks.</p>\n<p>Belfort also insisted that his brokers refuse to take no for an answer, offering them the mantra<b>āWhip their necks off, don't let āem off the phone.ā</b></p>\n<p>Belfortās team took his lessons to heart: Forbes reported they were, on average, earning $85,000 a year.</p>\n<p>Yet Forbes also highlighted Stratton Oakmontās loosey-goosey approach to ethical operations, noting that the SEC began investigating the brokerage in its first year of operations over questionable sales and trading practices. Indeed, the magazine detailed several examples of pump-and-dump efforts by the Stratton Oakmont team that drove up prices on penny stock shares before selling them at their artificially inflated peak.</p>\n<p>Forbes diplomatically declined to identify Stratton Oakmont as a āboiler room,ā but it was obvious what was taking place.</p>\n<p>Noting these antics, along with the SECās receipt of customer complaints, Forbes dubbed Belfort as āa kind of twisted Robin Hood who takes from the rich and gives to himself and his merry band of brokers.ā Belfort defended his actions, claiming, āWe contact high-net-worth investors. I couldn't live with myself if I was calling people who make $50,000 a year, and I'm taking their child's tuition money.ā</p>\n<p>Also cited in his media debut was Belfortās automobile, a <b>$175,000 Ferrari Testarossa.</b>This lavish hedonism was the start of a trend that would shape and then disfigure Belfortās life.</p>\n<p><b>Aināt We Got Fun?</b>Besides the SEC, Stratton Oakmont had been under watch by the <b>National Association of Securities Dealers</b>, the forerunner of todayās Financial Industry Regulatory Authority, right after its founding. Yet Stratton Oakmont was not expelled from the NASD until 1996 and Belfort was not indicted for securities fraud until 1999.</p>\n<p>In the years between his Forbes profile and his arrest, Belfort engaged an extravagant form of slow-motion, self-immolation fueled by drug addictions and financed by his pump-and-dump business.</p>\n<p>āI suffered from a disease called āmore,ā he would lament in retrospect. āNo matter how much I had, I wanted more.<b>You don't lose your ethics all at once.</b>It happens very slowly and, almost imperceptibly, you know you're doing things right and one day you step over the line.ā</p>\n<p>Well, Belfort certainly went very much over that proverbial line. Financially, he was far ahead of the average American ā at the peak of his earning power, he pocketed $50 million per year.</p>\n<p>Belfortās wealth enabled him to purchase luxury residences and expensive toys that he had a strange habit of destroying, such as a luxury yacht once belonging to iconic designer <b>Coco Chanel</b> which he sank in a storm off the Sardinian coast in 1996; a Mercedes he totaled while driving high on quaaludes; and a helicopter that he somehow crash-landed on the front lawn of one of his mansions.</p>\n<p>The damage he inflicted on his property was mirrored by the insanity his drug habit inflicted on his body. āIt was just like coke, coke, coke all day and I was like, āScrew you I don't have a problem,āā he would recall, adding, āI was like Al Pacino in āScarfaceā with a pile of cocaine. That's what my life had descended to.ā</p>\n<p><b>The Inevitable Downfall:</b>Belfortās luck began to slowly fray by 1994 when he reached an agreement with the SEC that required a lifetime ban from the securities industry. But he circumvented the prohibition by continuing to conduct business through<b>Danny Porush,</b>his right-hand man at Stratton Oakmont.</p>\n<p>Belfort also played fast with the rules in arranging the 1993 initial public offering for childhood friend <b>Steve Maddenās shoe company.</b>Madden would become entangled in Belfortās schemes, including a deal to secretly buy and sell stock in Stratton deals on behalf of Porush, who was legally limited in trading stocks in those companies, and a secret arrangement to provide Belfort with a majority stake in his company despite the NASDās severe restrictions on Belfortās actions.</p>\n<p>Despite evidence of finance chicanery, Belfortās downfall began with the arrest of his drug dealer, a martial artist named<b>Todd Garrett,</b>who was caught with $200,000 in cash from Belfort and Porush destined to be secretly transported to Switzerland. One year later, a French private banker who worked for a Swiss bank was arrested in Miami as part of a money-laundering scheme. In exchange for a lighter prison sentence, he identified his clients and cited Belfort and Porush.</p>\n<p><b>On Sept. 2, 1998, Belfort was arrested for conspiracy to commit money laundering and securities fraud that resulted in 1,513 investors being swindled out of more than $200 million.</b>After a week in custody, Belfort agreed to cut a deal with law enforcement agencies and agreed to wear a wire and record conversations with business associates who were under investigation.</p>\n<p>Belfortās work as an informant brought dozens of financial professionals and lawyers into prison, but he was not spared from incarceration. Although sentenced to four years in prison in 2003, he only served a 22-month sentence. He was also ordered to pay a $110 million fine.</p>\n<p><b>A Stellar Encore:</b>While serving his prison sentence, Belfort shared a cell with comedian <b>Tommy Chong,</b>who was incarcerated on drug-related charges. Chong encouraged Belfort to write his autobiography. After his release from prison in April 2006, his memoir āThe Wolf of Wall Streetā was acquired by <b>Random House</b> for $500,000 and became a critically acclaimed best-seller upon its 2007 publication. A second book, āCatching the Wolf of Wall Street,ā was published in 2009.</p>\n<p>The film version of āThe Wolf of Wall Streetā brought Belfort a new degree of pop culture recognition and helped in his post-prison career as <b>a motivational speaker.</b></p>\n<p>These years have not been without controversy. Prosecutors have accused him of failing to compensate the victims of his crimes and pocketing lucrative speaking fees instead of channeling them to his restitution requirements. But the federal government overplayed its hand by accusing him of fleeing to Australia to hide his wealth and avoid paying taxes ā Belfort received a public apology for the release of that misinformation.</p>\n<p><b>Belfort filed a $300 million lawsuit against Red Granite,</b>the production company that purchased the film rights to āThe Wolf of Wall Street,ā after it was exposed that the deal was financed with questionable funds from Malaysia. Belfort insisted he would never have transacted with the company if he was aware of the dirty money that financed its operations.</p>\n<p>Last month, Belfort posted a photo on his Facebook page that found him happily engaged in a poker game on a yachtās casino table while a half-dozen cuties in bathing suits holding champagne glasses posed behind him. The message that accompanied the photo said,<b>āIf you want to be rich, never give up... If you have persistence, you will come out ahead of most people... When you do something, you might fail... Do it differently each time... and one day, you will do it right. Failure is your friend.ā</b></p>\n<p>For ex-FBI agent Greg Coleman, Belfortās phoenix-like rise from the ashes of his own making represented the worst possible conclusion. Coleman considered Belfortās ability to profit from his swindling and sourly told New York magazine ahead of āThe Wolf of Wall Streetā film premiere,<b>\"Crime pays.\"</b></p>","source":"lsy1606299360108","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>Wall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf</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\">\nWall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-07 08:38 GMT+8 <a href=https://www.benzinga.com/news/21/08/22341233/wall-street-crime-and-punishment-jordan-belfort-the-boiler-room-wolf><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Does crime pay?\nāMaking money is so easy,ā saidĀ Jordan BelfortĀ in a 2013 interview withNew Yorkmagazine. āIt really is. Itās not hard to do.ā\nBelfortās breezy pronouncement came as part of the ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/08/22341233/wall-street-crime-and-punishment-jordan-belfort-the-boiler-room-wolf\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/21/08/22341233/wall-street-crime-and-punishment-jordan-belfort-the-boiler-room-wolf","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119792130","content_text":"Does crime pay?\nāMaking money is so easy,ā saidĀ Jordan BelfortĀ in a 2013 interview withNew Yorkmagazine. āIt really is. Itās not hard to do.ā\nBelfortās breezy pronouncement came as part of the publicity drumming for the release ofĀ Martin ScorseseāsĀ film version of Belfortās autobiographyāThe Wolf of Wall Street,āwhich starredĀ Leonardo DiCaprioĀ as Belfort.\nThe New York article also featured input fromĀ Greg Coleman,the FBI special agent responsible for Belfortās arrest for fraud and stock market manipulation. From Colemanās perspective, Belfort wasn't worthy of movie star-level worship.\nāFrom a moral perspective, he was a reprehensible human being,ā Coleman said about Belfort. āAdmiration would be the wrong word, but from the perspective of manipulating the market, heās one of the best there is.ā\nA Kick In The Teeth:A native of New York City, Belfort was born in 1962 in the Bronx and raised in the Bayside section of Queens. Both of his parents were accountants who stressed the value of education and maturity.\nBelfort received a degree in biology from American University and saw his career path in dentistry. He made money to pursue his dental studies by selling Italian ices on a beach in QueensĀ and enrolled in the University of Maryland School of Dentistry.\nHe dropped out after the first day of studies when the dean of the school made the astonishing pronouncement:Ā āThe golden age of dentistry is over. If you're here simply because you're looking to make a lot of money, you're in the wrong place.\"\nBut what was the right career for making money?\nBelfort returned from his day in dental school and found work as a door-to-door salesman in Long Island, where he sold meat and seafood. He started to grow a business based on this endeavor, but the effort failed to click and he wound up filing for bankruptcy by the time he was 25.\nāI was pretty talented,ā he would later recall about this unsuccessful venture. āBut the margins were too small.ā\nHowever, a family friend pointed him to a position as a stockbroker broker trainee with the Manhattan-based firmL.F. Rothschild,but he lost that position when the firm experienced financial difficulty after the 1987 stock market crash.\nHe took positions with other firms includingĀ D.H. BlairĀ andĀ F.D. Roberts Securities and Investors CenterĀ āĀ the latter was apenny stockbrokerage shut down in 1989 by the U.S. Securities and Exchange Commission (SEC) one year after Belfort joined its staff.\nDiscouraged at working for others in unstable environments, Belfort decided to turn entrepreneur and create his own financial operations,Ā and thatās when the would-be dentist started his career lycanthropy into becoming theĀ Wolf of Wall Street.\nThe Kodak Pitch:In 1989, the 27-year-old Belfort teamed with 23-year-oldĀ Kenneth Greene,a fellow Investors Center employee who previously drove one of Belfortās trucks during his meat selling days.\nThe pair opened their own brokerage in a spare office in a Queens car dealership and then arranged to set up a franchise ofĀ Stratton Securities,a small broker-dealer operation.\nThe duo seemed to strike gold quickly. Within five months of starting their franchise, they accumulated $250,000 and were able to buy Stratton Securities for themselves, renaming itĀ Stratton OakmontĀ and establishing an operations center in Lake Success, a Long Island town which was best known as the first site of the United Nations headquarters before its Manhattan campus was constructed.\nBy 1991, Stratton Oakmont generated $30 million in commissions from a 150-person workforce. Many of his team members were twentysomethings from blue-collar backgrounds eager to make a maximum amount of money in a minimal amount of time.\nBelfort also enjoyed his first brush with fame in 1991 via a profile inForbesthat harshly displayed his virtues and vices. On the plus side, the Forbes coverage offered insight into Belfortās instruction on teaching his eager young employees the art of cold-calling potential investors.\nUsing a technique he dubbed theāKodak pitch,āBelfort instructed his brokers to begin their telephone spiel with a blue-chip stock such asĀ Eastman KodakĀ before doing a hard-sell on obscurepenny stocks.\nBelfort also insisted that his brokers refuse to take no for an answer, offering them the mantraāWhip their necks off, don't let āem off the phone.ā\nBelfortās team took his lessons to heart:Ā Forbes reported they were, on average, earning $85,000 a year.\nYet Forbes also highlighted Stratton Oakmontās loosey-goosey approach to ethical operations, noting that the SEC began investigating the brokerage in its first year of operations over questionable sales and trading practices. Indeed, the magazine detailed several examples of pump-and-dump efforts by the Stratton Oakmont team that drove up prices on penny stock shares before selling them at their artificially inflated peak.\nForbes diplomatically declined to identify Stratton Oakmont as a āboiler room,ā but it was obvious what was taking place.\nNoting these antics, along with the SECās receipt of customer complaints, Forbes dubbed Belfort as āa kind of twisted Robin Hood who takes from the rich and gives to himself and his merry band of brokers.āĀ Belfort defended his actions, claiming, āWe contact high-net-worth investors. I couldn't live with myself if I was calling people who make $50,000 a year, and I'm taking their child's tuition money.ā\nAlso cited in his media debut was Belfortās automobile, aĀ $175,000 Ferrari Testarossa.This lavish hedonism was the start of a trend that would shape and then disfigure Belfortās life.\nAināt We Got Fun?Besides the SEC, Stratton Oakmont had been under watch by theĀ National Association of Securities Dealers, the forerunner of todayās Financial Industry Regulatory Authority, right after its founding. Yet Stratton Oakmont was not expelled from the NASD until 1996 and Belfort was not indicted for securities fraud until 1999.\nIn the years between his Forbes profile and his arrest, Belfort engaged an extravagant form of slow-motion, self-immolation fueled by drug addictions and financed by his pump-and-dump business.\nāI suffered from a disease called āmore,ā he would lament in retrospect. āNo matter how much I had, I wanted more.You don't lose your ethics all at once.It happens very slowly and, almost imperceptibly, you know you're doing things right and one day you step over the line.ā\nWell, Belfort certainly went very much over that proverbial line. Financially, he was far ahead of the average American āĀ at the peak of his earning power, he pocketed $50 million per year.\nBelfortās wealth enabled him to purchase luxury residences and expensive toys that he had a strange habit of destroying, such asĀ a luxury yacht once belongingĀ toĀ iconic designerĀ Coco ChanelĀ which he sank in a storm off the Sardinian coast in 1996;Ā a MercedesĀ he totaled while driving high on quaaludes; and a helicopter that he somehow crash-landed on the front lawn of one of his mansions.\nThe damage he inflicted on his property was mirrored by the insanityĀ his drug habit inflicted on his body. āIt was just like coke, coke, coke all day and I was like, āScrew you I don't have a problem,āā he would recall, adding, āI was like Al Pacino in āScarfaceā with a pile of cocaine. That's what my life had descended to.ā\nThe Inevitable Downfall:Belfortās luck began to slowly fray by 1994 when he reached an agreement with the SEC that required a lifetime ban from the securities industry. But he circumvented theĀ prohibition by continuing to conduct business throughDanny Porush,his right-hand manĀ at Stratton Oakmont.\nBelfort also played fast with the rules in arranging the 1993 initial public offering for childhood friendĀ Steve Maddenās shoe company.Madden would become entangled in Belfortās schemes, including a deal to secretly buy and sell stock in Stratton deals on behalf of Porush, who was legally limited in trading stocks in those companies, and a secret arrangement to provide Belfort with a majority stake in his company despite the NASDās severe restrictions on Belfortās actions.\nDespite evidence of finance chicanery, Belfortās downfall began with the arrest of his drug dealer, a martial artist namedTodd Garrett,who was caught with $200,000 in cash from Belfort and PorushĀ destined to be secretly transported to Switzerland. One year later, a French private banker who worked for a Swiss bank was arrested in Miami as part of a money-laundering scheme. In exchange for a lighter prison sentence, he identified his clients and cited Belfort and Porush.\nOn Sept.Ā 2, 1998, Belfort was arrested for conspiracy to commit money laundering and securities fraud that resulted in 1,513 investors being swindled out of more than $200 million.After a week in custody, Belfort agreed to cut a deal with law enforcement agencies and agreed to wear a wire and record conversations with business associates who were under investigation.\nBelfortās work as an informant brought dozens of financial professionals and lawyers into prison, but he was not spared from incarceration.Ā Although sentenced to four years in prison in 2003, he only served a 22-month sentence. He was also ordered to pay a $110 million fine.\nA Stellar Encore:While serving his prison sentence, Belfort shared a cell with comedianĀ Tommy Chong,who was incarcerated on drug-related charges. Chong encouraged Belfort to write his autobiography. After his release from prison in April 2006, his memoir āThe Wolf of Wall Streetā was acquired byĀ Random HouseĀ for $500,000 and became a critically acclaimed best-seller upon its 2007 publication. A second book, āCatching the Wolf of Wall Street,ā was published in 2009.\nThe film version of āThe Wolf of Wall Streetā brought Belfort a new degree of pop culture recognition and helped in his post-prison career asĀ a motivational speaker.\nThese years have not been without controversy. Prosecutors have accused him of failing to compensate the victims of his crimes and pocketing lucrative speaking fees instead of channeling them to his restitution requirements. But the federal government overplayed its hand by accusing him of fleeing to Australia to hide his wealth and avoid paying taxes ā Belfort receivedĀ a public apology for the release of that misinformation.\nBelfort filed a $300 million lawsuit against Red Granite,the production company that purchased the film rights to āThe Wolf of Wall Street,ā after it was exposed that the deal was financed with questionable funds from Malaysia. Belfort insisted he would never have transacted with the company if he was aware of the dirty money that financed its operations.\nLast month, Belfort posted a photo on his Facebook page that found him happily engaged in a poker game on a yachtās casino table while a half-dozen cuties in bathing suits holding champagne glasses posed behind him. The message that accompanied the photo said,āIf you want to be rich, never give up... If you have persistence, you will come out ahead of most people... When you do something, you might fail... Do it differently each time... and one day, you will do it right. Failure is your friend.ā\nFor ex-FBI agent Greg Coleman, Belfortās phoenix-like rise from the ashes of his own making represented the worst possible conclusion. ColemanĀ considered Belfortās ability to profit from his swindling and sourly told New York magazine ahead of āThe Wolf of Wall Streetā film premiere,\"Crime pays.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891926016,"gmtCreate":1628320472435,"gmtModify":1703505062671,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586051882965466","idStr":"3586051882965466"},"themes":[],"htmlText":"[Thinking] ","listText":"[Thinking] ","text":"[Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/891926016","repostId":"1143051031","repostType":4,"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802035191,"gmtCreate":1627698350613,"gmtModify":1703494883205,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586051882965466","idStr":"3586051882965466"},"themes":[],"htmlText":"[Thinking] ","listText":"[Thinking] ","text":"[Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/802035191","repostId":"1109883672","repostType":4,"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802095144,"gmtCreate":1627697922088,"gmtModify":1703494870039,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586051882965466","idStr":"3586051882965466"},"themes":[],"htmlText":"[Thinking] [Thinking] ","listText":"[Thinking] [Thinking] ","text":"[Thinking] [Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/802095144","repostId":"1169140433","repostType":4,"isVote":1,"tweetType":1,"viewCount":444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800790116,"gmtCreate":1627316421635,"gmtModify":1703487564425,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586051882965466","idStr":"3586051882965466"},"themes":[],"htmlText":"[Thinking] ","listText":"[Thinking] ","text":"[Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800790116","repostId":"1144558005","repostType":4,"repost":{"id":"1144558005","pubTimestamp":1627304910,"share":"https://ttm.financial/m/news/1144558005?lang=&edition=fundamental","pubTime":"2021-07-26 21:08","market":"us","language":"en","title":"Amazonās Cryptocurrency Plan Could Be a Game Changer","url":"https://stock-news.laohu8.com/highlight/detail?id=1144558005","media":"Barrons","summary":"Bitcoin and other cryptocurrencies have fallen on hard times recently, but the sector may have found","content":"<p>Bitcoin and other cryptocurrencies have fallen on hard times recently, but the sector may have found its hero in the form of Amazon.</p>\n<p>The companyās job vacancy advertising for a ādigital currency and blockchain product leadā has sparked rampant speculation over what the tech giant might have planned. The new position will be part of the team responsible for how Amazonās customers pay on its platforms.</p>\n<p>The possibility of Amazon accepting cryptocurrency paymentsāby the end of the year,according to some reportsāsaw Bitcoin surge to six-week highs just below $40,000. Thereās even the suggestion the internet behemoth could be developing its own coin and may also accept alternatives such as Ethereum.</p>\n<p>Cryptocurrencies face a fight over their role in society, their use, and ultimately their value. Acceptance by a company as big as Amazon will only help their case. Itās a bold move from Amazon, and how the company deals with the famed volatility of cryptocurrencies will be fascinating to see.</p>\n<p>Investors may not need to wait long for answers. Amazon reports earnings on Thursday and executives will surely face a volley of questions on the matter.</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>Amazonās Cryptocurrency Plan Could Be a Game Changer</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\">\nAmazonās Cryptocurrency Plan Could Be a Game Changer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 21:08 GMT+8 <a href=https://www.barrons.com/articles/things-to-know-today-51627294089?mod=hp_LEAD_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin and other cryptocurrencies have fallen on hard times recently, but the sector may have found its hero in the form of Amazon.\nThe companyās job vacancy advertising for a ādigital currency and ...</p>\n\n<a href=\"https://www.barrons.com/articles/things-to-know-today-51627294089?mod=hp_LEAD_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"äŗ马é","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.barrons.com/articles/things-to-know-today-51627294089?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144558005","content_text":"Bitcoin and other cryptocurrencies have fallen on hard times recently, but the sector may have found its hero in the form of Amazon.\nThe companyās job vacancy advertising for a ādigital currency and blockchain product leadā has sparked rampant speculation over what the tech giant might have planned. The new position will be part of the team responsible for how Amazonās customers pay on its platforms.\nThe possibility of Amazon accepting cryptocurrency paymentsāby the end of the year,according to some reportsāsaw Bitcoin surge to six-week highs just below $40,000. Thereās even the suggestion the internet behemoth could be developing its own coin and may also accept alternatives such as Ethereum.\nCryptocurrencies face a fight over their role in society, their use, and ultimately their value. Acceptance by a company as big as Amazon will only help their case. Itās a bold move from Amazon, and how the company deals with the famed volatility of cryptocurrencies will be fascinating to see.\nInvestors may not need to wait long for answers. AmazonĀ reports earnings on ThursdayĀ and executives will surely face a volley of questions on the matter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177386856,"gmtCreate":1627180845275,"gmtModify":1703485161650,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586051882965466","idStr":"3586051882965466"},"themes":[],"htmlText":"[Speechless] ","listText":"[Speechless] ","text":"[Speechless]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/177386856","repostId":"2153330936","repostType":4,"repost":{"id":"2153330936","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":1627127324,"share":"https://ttm.financial/m/news/2153330936?lang=&edition=fundamental","pubTime":"2021-07-24 19:48","market":"hk","language":"en","title":"China confirms ban on for-profit tutoring in core school subjects - Xinhua","url":"https://stock-news.laohu8.com/highlight/detail?id=2153330936","media":"Reuters","summary":"* Rules confirm ban reported by Reuters on Friday\n* Policy intended to ease burden on students, fami","content":"<p>* Rules confirm ban reported by Reuters on Friday</p>\n<p>* Policy intended to ease burden on students, families</p>\n<p>* Foreign investment in the sector will be prohibited</p>\n<p>SHANGHAI, July 24 (Reuters) - China is barring tutoring for profit in core school subjects to ease financial pressures on families that have contributed to low birth rates, a report in the official Xinhua news agency said on Saturday.</p>\n<p>The news confirmed a measure contained in a government document widely circulated on Friday and confirmed by Reuters that sent shockwaves through China's vast private education sector, hitting providers' share prices.</p>\n<p>Foreign investment in the sector will be prohibited under the rules set out by the State Council, Xinhua said.</p>\n<p>Curriculum-based tutoring institutions will be barred from raising money through listings or other capital-related activities, while listed companies will not be allowed to invest in such institutions, according to the rules.</p>\n<p>The policy aims to \"significantly\" reduce the financial burdens faced by students and families within three years, the news agency said.</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>China confirms ban on for-profit tutoring in core school subjects - Xinhua</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\">\nChina confirms ban on for-profit tutoring in core school subjects - Xinhua\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-24 19:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Rules confirm ban reported by Reuters on Friday</p>\n<p>* Policy intended to ease burden on students, families</p>\n<p>* Foreign investment in the sector will be prohibited</p>\n<p>SHANGHAI, July 24 (Reuters) - China is barring tutoring for profit in core school subjects to ease financial pressures on families that have contributed to low birth rates, a report in the official Xinhua news agency said on Saturday.</p>\n<p>The news confirmed a measure contained in a government document widely circulated on Friday and confirmed by Reuters that sent shockwaves through China's vast private education sector, hitting providers' share prices.</p>\n<p>Foreign investment in the sector will be prohibited under the rules set out by the State Council, Xinhua said.</p>\n<p>Curriculum-based tutoring institutions will be barred from raising money through listings or other capital-related activities, while listed companies will not be allowed to invest in such institutions, according to the rules.</p>\n<p>The policy aims to \"significantly\" reduce the financial burdens faced by students and families within three years, the news agency said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01797":"äøę¹ēé","COE":"51TALK","ZME":"ęéØęč²","TAL":"儽ęŖę„","09901":"ę°äøę¹-S","EDU":"ę°äøę¹","WAFU":"ååÆęč²","GOTU":"é«é","DAO":"ęé","YQ":"äøčµ·ęč²ē§ę"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153330936","content_text":"* Rules confirm ban reported by Reuters on Friday\n* Policy intended to ease burden on students, families\n* Foreign investment in the sector will be prohibited\nSHANGHAI, July 24 (Reuters) - China is barring tutoring for profit in core school subjects to ease financial pressures on families that have contributed to low birth rates, a report in the official Xinhua news agency said on Saturday.\nThe news confirmed a measure contained in a government document widely circulated on Friday and confirmed by Reuters that sent shockwaves through China's vast private education sector, hitting providers' share prices.\nForeign investment in the sector will be prohibited under the rules set out by the State Council, Xinhua said.\nCurriculum-based tutoring institutions will be barred from raising money through listings or other capital-related activities, while listed companies will not be allowed to invest in such institutions, according to the rules.\nThe policy aims to \"significantly\" reduce the financial burdens faced by students and families within three years, the news agency said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175214401,"gmtCreate":1627034264803,"gmtModify":1703482887811,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586051882965466","idStr":"3586051882965466"},"themes":[],"htmlText":"Now, tech giant & education sector under spotlight from China government, which sector is nextā¦? [Thinking] [Thinking] ","listText":"Now, tech giant & education sector under spotlight from China government, which sector is nextā¦? [Thinking] [Thinking] ","text":"Now, tech giant & education sector under spotlight from China government, which sector is nextā¦? [Thinking] [Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/175214401","repostId":"2153600177","repostType":2,"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172816388,"gmtCreate":1626950752444,"gmtModify":1703481178723,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586051882965466","idStr":"3586051882965466"},"themes":[],"htmlText":"Abnormal climate from global warmingā¦.","listText":"Abnormal climate from global warmingā¦.","text":"Abnormal climate from global warmingā¦.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172816388","repostId":"2153787266","repostType":2,"repost":{"id":"2153787266","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":1626948040,"share":"https://ttm.financial/m/news/2153787266?lang=&edition=fundamental","pubTime":"2021-07-22 18:00","market":"fut","language":"en","title":"From coal to cars, Chinese floods tangle supply chains","url":"https://stock-news.laohu8.com/highlight/detail?id=2153787266","media":"Reuters","summary":"By Dominique Patton BEIJING, July 22 (Reuters) - The floods drenching central China and submerging","content":"<html><body><p>By Dominique Patton</p><p> BEIJING, July 22 (Reuters) - The floods drenching central China and submerging swathes of a major economic and transport hub are threatening supply chains for goods ranging from cars and electronics to pigs, peanuts and coal.</p><p> Power had been partly restored and some trains and flights were running on Thursday but analysts said disruption could last for several days, pushing up prices and slowing business across densely populated Henan and neighbouring provinces.</p><p> Zhengzhou, Henan's capital of 12 million people, 650 km (400 miles) southwest of Beijing, is the junction for the major north-south and east-west high-speed rail lines, with connections to most major Chinese cities from <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Asia's largest stations.</p><p> Transport of coal, which generates most of China's power, from top mining regions like Inner Mongolia and Shanxi via Zhengzhou to central and eastern China was \"severely impacted\", the state planner said on Wednesday, just as power plants scramble for fuel to meet peak summer demand.</p><p> \"As Zhengzhou is a top national transportation hub and Henan province is a major producer of grains, raw materials and some manufactured products like iPhones, we believe the rainfall and flooding will have a material impact on business activity and inflation in the short term,\" Nomura analysts wrote.</p><p> Foxconn , which makes iPhones for Apple at a plant in Zhengzhou, said there has been no direct impact on its main facility.</p><p> \"We are closely monitoring the situation and will provide any updates as appropriate,\" it said.</p><p> However, a person familiar with the matter said production at a small Foxconn facility that mainly makes desktop connectors in the Zhongmu section of Zhengzhou was affected after some equipment was damaged in the flooding.</p><p> The floods poured into subway lines and washed away thousands of cars, killing at least 33 people, cutting road links and knocking out power and cellphone service to many parts of the region.</p><p> IDLED PLANTS, IMPROMPTU BREAKFASTS</p><p> On one highway jammed with stranded trucks, residents handed out fried dough sticks to drivers, social media footage showed.</p><p> \"We've all been stuck here all day and night,\" said one driver, tucking into breakfast. </p><p> China's largest automaker, SAIC Motor , warned of short-term impact on logistics at its Zhengzhou plant, while Japan's Nissan said production at its factory had been suspended.</p><p> The rain snarled transport of pigs to slaughterhouses in one of the country's top pork-producing regions, said a hog trader, and Nomura said food prices in Henan, home to almost 100 million people, and neighbouring provinces could edge up in coming weeks.</p><p> The floods could also have a longer-term impact on farm output as rainwater can spread disease on farms.</p><p> Heavy rain in the south last year was blamed for a resurgence of African swine fever, which is deadly to hogs.</p><p> With more than 200,000 hectares of Henan farmland hit by flooding, SDIC Essence Futures analysts warned of the impact to the maturing peanut crop. Henan produces about a quarter of China's peanuts, a major source of cooking oil. </p><p> But the flooding should also trigger the release of pent-up demand for consumption and investment, said the Nomura analysts, especially for cars and infrastructure.</p><p> Data from 11 insurers including Ping An Insurance Group</p><p> showed they had received claims for almost 32,000 damaged cars in Henan by Thursday.</p><p> China Development Bank said on Wednesday it would issue 1.86 billion yuan in emergency loans to the Zhengzhou Metro Group and other local government companies to reinforce drainage and rebuild foundations. ($1 = 6.4658 Chinese yuan renminbi)</p><p> (Reporting by Cheng Leng, Dominique Patton, Hallie Gu and Muyu Xu in Beijing and Yi-Mou Lee in Taipei; editing by Robert Birsel)</p><p>((dominique.patton@thomsonreuters.com;))</p></body></html>","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>From coal to cars, Chinese floods tangle supply chains</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\">\nFrom coal to cars, Chinese floods tangle supply chains\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-22 18:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>By Dominique Patton</p><p> BEIJING, July 22 (Reuters) - The floods drenching central China and submerging swathes of a major economic and transport hub are threatening supply chains for goods ranging from cars and electronics to pigs, peanuts and coal.</p><p> Power had been partly restored and some trains and flights were running on Thursday but analysts said disruption could last for several days, pushing up prices and slowing business across densely populated Henan and neighbouring provinces.</p><p> Zhengzhou, Henan's capital of 12 million people, 650 km (400 miles) southwest of Beijing, is the junction for the major north-south and east-west high-speed rail lines, with connections to most major Chinese cities from <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Asia's largest stations.</p><p> Transport of coal, which generates most of China's power, from top mining regions like Inner Mongolia and Shanxi via Zhengzhou to central and eastern China was \"severely impacted\", the state planner said on Wednesday, just as power plants scramble for fuel to meet peak summer demand.</p><p> \"As Zhengzhou is a top national transportation hub and Henan province is a major producer of grains, raw materials and some manufactured products like iPhones, we believe the rainfall and flooding will have a material impact on business activity and inflation in the short term,\" Nomura analysts wrote.</p><p> Foxconn , which makes iPhones for Apple at a plant in Zhengzhou, said there has been no direct impact on its main facility.</p><p> \"We are closely monitoring the situation and will provide any updates as appropriate,\" it said.</p><p> However, a person familiar with the matter said production at a small Foxconn facility that mainly makes desktop connectors in the Zhongmu section of Zhengzhou was affected after some equipment was damaged in the flooding.</p><p> The floods poured into subway lines and washed away thousands of cars, killing at least 33 people, cutting road links and knocking out power and cellphone service to many parts of the region.</p><p> IDLED PLANTS, IMPROMPTU BREAKFASTS</p><p> On one highway jammed with stranded trucks, residents handed out fried dough sticks to drivers, social media footage showed.</p><p> \"We've all been stuck here all day and night,\" said one driver, tucking into breakfast. </p><p> China's largest automaker, SAIC Motor , warned of short-term impact on logistics at its Zhengzhou plant, while Japan's Nissan said production at its factory had been suspended.</p><p> The rain snarled transport of pigs to slaughterhouses in one of the country's top pork-producing regions, said a hog trader, and Nomura said food prices in Henan, home to almost 100 million people, and neighbouring provinces could edge up in coming weeks.</p><p> The floods could also have a longer-term impact on farm output as rainwater can spread disease on farms.</p><p> Heavy rain in the south last year was blamed for a resurgence of African swine fever, which is deadly to hogs.</p><p> With more than 200,000 hectares of Henan farmland hit by flooding, SDIC Essence Futures analysts warned of the impact to the maturing peanut crop. Henan produces about a quarter of China's peanuts, a major source of cooking oil. </p><p> But the flooding should also trigger the release of pent-up demand for consumption and investment, said the Nomura analysts, especially for cars and infrastructure.</p><p> Data from 11 insurers including Ping An Insurance Group</p><p> showed they had received claims for almost 32,000 damaged cars in Henan by Thursday.</p><p> China Development Bank said on Wednesday it would issue 1.86 billion yuan in emergency loans to the Zhengzhou Metro Group and other local government companies to reinforce drainage and rebuild foundations. ($1 = 6.4658 Chinese yuan renminbi)</p><p> (Reporting by Cheng Leng, Dominique Patton, Hallie Gu and Muyu Xu in Beijing and Yi-Mou Lee in Taipei; editing by Robert Birsel)</p><p>((dominique.patton@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"åå¤ēŗ³ę-U","03086":"åå¤ēŗ³ę","AAPL":"č¹ę"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153787266","content_text":"By Dominique Patton BEIJING, July 22 (Reuters) - The floods drenching central China and submerging swathes of a major economic and transport hub are threatening supply chains for goods ranging from cars and electronics to pigs, peanuts and coal. Power had been partly restored and some trains and flights were running on Thursday but analysts said disruption could last for several days, pushing up prices and slowing business across densely populated Henan and neighbouring provinces. Zhengzhou, Henan's capital of 12 million people, 650 km (400 miles) southwest of Beijing, is the junction for the major north-south and east-west high-speed rail lines, with connections to most major Chinese cities from one of Asia's largest stations. Transport of coal, which generates most of China's power, from top mining regions like Inner Mongolia and Shanxi via Zhengzhou to central and eastern China was \"severely impacted\", the state planner said on Wednesday, just as power plants scramble for fuel to meet peak summer demand. \"As Zhengzhou is a top national transportation hub and Henan province is a major producer of grains, raw materials and some manufactured products like iPhones, we believe the rainfall and flooding will have a material impact on business activity and inflation in the short term,\" Nomura analysts wrote. Foxconn , which makes iPhones for Apple at a plant in Zhengzhou, said there has been no direct impact on its main facility. \"We are closely monitoring the situation and will provide any updates as appropriate,\" it said. However, a person familiar with the matter said production at a small Foxconn facility that mainly makes desktop connectors in the Zhongmu section of Zhengzhou was affected after some equipment was damaged in the flooding. The floods poured into subway lines and washed away thousands of cars, killing at least 33 people, cutting road links and knocking out power and cellphone service to many parts of the region. IDLED PLANTS, IMPROMPTU BREAKFASTS On one highway jammed with stranded trucks, residents handed out fried dough sticks to drivers, social media footage showed. \"We've all been stuck here all day and night,\" said one driver, tucking into breakfast. China's largest automaker, SAIC Motor , warned of short-term impact on logistics at its Zhengzhou plant, while Japan's Nissan said production at its factory had been suspended. The rain snarled transport of pigs to slaughterhouses in one of the country's top pork-producing regions, said a hog trader, and Nomura said food prices in Henan, home to almost 100 million people, and neighbouring provinces could edge up in coming weeks. The floods could also have a longer-term impact on farm output as rainwater can spread disease on farms. Heavy rain in the south last year was blamed for a resurgence of African swine fever, which is deadly to hogs. With more than 200,000 hectares of Henan farmland hit by flooding, SDIC Essence Futures analysts warned of the impact to the maturing peanut crop. Henan produces about a quarter of China's peanuts, a major source of cooking oil. But the flooding should also trigger the release of pent-up demand for consumption and investment, said the Nomura analysts, especially for cars and infrastructure. Data from 11 insurers including Ping An Insurance Group showed they had received claims for almost 32,000 damaged cars in Henan by Thursday. China Development Bank said on Wednesday it would issue 1.86 billion yuan in emergency loans to the Zhengzhou Metro Group and other local government companies to reinforce drainage and rebuild foundations. ($1 = 6.4658 Chinese yuan renminbi) (Reporting by Cheng Leng, Dominique Patton, Hallie Gu and Muyu Xu in Beijing and Yi-Mou Lee in Taipei; editing by Robert Birsel)((dominique.patton@thomsonreuters.com;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":250,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":274904575332560,"gmtCreate":1708153284131,"gmtModify":1708153288479,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"Got an umbrella from Tiger š¤","listText":"Got an umbrella from Tiger š¤","text":"Got an umbrella from Tiger š¤","images":[{"img":"https://community-static.tradeup.com/news/8bba521614c6a84e6727405a2e738ad2"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/274904575332560","isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":274710936084616,"gmtCreate":1708106039507,"gmtModify":1708106046139,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"Huat Ah!!!","listText":"Huat Ah!!!","text":"Huat Ah!!!","images":[{"img":"https://community-static.tradeup.com/news/95eb87f137d22e863eb2c3664d855043"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/274710936084616","isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":274342751613224,"gmtCreate":1708016162280,"gmtModify":1708016166785,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"Health is above all.","listText":"Health is above all.","text":"Health is above all.","images":[{"img":"https://community-static.tradeup.com/news/dec88199f2623dda56778fb49b148d9e"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/274342751613224","isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":140902766,"gmtCreate":1625621930055,"gmtModify":1703745071845,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"A right move as not to put āeverything into one basketā","listText":"A right move as not to put āeverything into one basketā","text":"A right move as not to put āeverything into one basketā","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/140902766","repostId":"1157091501","repostType":4,"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179184053,"gmtCreate":1626493441172,"gmtModify":1703761111044,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"Reasonable conclusion","listText":"Reasonable conclusion","text":"Reasonable conclusion","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/179184053","repostId":"1159574501","repostType":4,"repost":{"id":"1159574501","pubTimestamp":1626484131,"share":"https://ttm.financial/m/news/1159574501?lang=&edition=fundamental","pubTime":"2021-07-17 09:08","market":"us","language":"en","title":"'Bad Omen' For Meme Stocks And The Retail Trading Boom? Here's What The Data Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1159574501","media":"Benzinga","summary":"Social media meme stocksĀ GameStop Corp.(NYSE:GME) andĀ AMC Entertainment Holdings Inc(NYSE:AMC) took ","content":"<p>Social media meme stocks <b>GameStop Corp.</b>(NYSE:GME) and <b>AMC Entertainment Holdings Inc</b>(NYSE:AMC) took a beating this week, with GameStop on track to finish the week down 9% and AMC set to lose 20.9% in Friday afternoon trading.</p>\n<p>DataTrek Research co-founder Nicholas Colas said this week there is an ominous sign the meme stock phenomenon may be dying a slow death.</p>\n<p><b>Retail Trading Boom:</b>DataTrek has been periodically tracking the boom in retail traders triggered during the pandemic in 2020 and 2021 by monitoring U.S. Google search volume for the keywords āinvestā and ābuy stock.ā Colas said these basic search terms are a broad way to gauge marginal retail investor interest in the stock market.</p>\n<p>The image below shows how search volume for those key phrases has changed since the beginning of 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/9930646712b9790171cccf12a873f757\" tg-width=\"1199\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p>Colas said the search volume data clearly indicates the retail stock trading fad is completely over at this point, a āvery bad omenā for AMC and GameStop. In fact, Google search volume is now back down to where it was before the pandemic started in early 2020.</p>\n<p>In addition, search volumes are now down 75% from their peak levels during the initial short squeezes in AMC and GameStop back in January 2021.</p>\n<p>Colas said meme stocks like AMC need new retail stock traders to join in the buying to support their stock prices else they could be headed for more volatility like they have experienced this week.</p>\n<p>āBubbles need fresh money, or they deflate. Quickly,ā Colas wrote. āEvery craze needs new adherents (i.e., not just the same crowd) to keep it relevant, and the Google chart shows those are in increasingly short supply.ā</p>\n<p><b>PMP Weighs In:</b>Benzinga PreMarket Prep co-host Dennis Dick said a good story can carry a stock a long way, and some stocks can even become so hot that they become temporarily disconnected from the companyās underlying fundamentals.</p>\n<p>āWe have seen that in a number of meme stocks this year. Story can drive price in the short run but stocks almost always return back to their fundamental value in the long run,ā Dick said.</p>\n<p>The type of disconnect between share price and underlying value that AMC and GameStop have experienced in 2021 is certainly nothing new. Canadian cannabis stock <b>Tilray Inc</b>(NASDAQ:TLRY) experienced a similar disconnect back in 2018 when a retail stock mania sent the stock skyrocketing up to $300. Today, Tilray is trading back down at around $13.90.</p>\n<p>āAs the stock price begins to fall, momentum traders who have been chasing the hot story will begin to exit. But if the stock trades at an extreme valuation, there may be very few traders willing to buy. This is what we are starting to see in many meme stocks today,ā Dick said.</p>\n<p><b>Benzinga's Take:</b>If the story begins to get hot again, the stock prices of overvalued story stocks can always recover once again. But without any underlying fundamentals to support the valuation, these types of stocks need a constant stream of new buyers and an increasingly bullish story to generate fresh enthusiasm.</p>","source":"lsy1606299360108","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>'Bad Omen' For Meme Stocks And The Retail Trading Boom? Here's What The Data Says</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\">\n'Bad Omen' For Meme Stocks And The Retail Trading Boom? Here's What The Data Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-17 09:08 GMT+8 <a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/07/22023662/bad-omen-for-meme-stocks-and-the-retail-trading-boom-heres-what-the-data-says><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Social media meme stocksĀ GameStop Corp.(NYSE:GME) andĀ AMC Entertainment Holdings Inc(NYSE:AMC) took a beating this week, with GameStop on track to finish the week down 9% and AMC set to lose 20.9% in ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/07/22023662/bad-omen-for-meme-stocks-and-the-retail-trading-boom-heres-what-the-data-says\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TLRY":"Tilray Inc.","GME":"ęøøęé©æē«","AMC":"AMCé¢ēŗæ"},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/07/22023662/bad-omen-for-meme-stocks-and-the-retail-trading-boom-heres-what-the-data-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159574501","content_text":"Social media meme stocksĀ GameStop Corp.(NYSE:GME) andĀ AMC Entertainment Holdings Inc(NYSE:AMC) took a beating this week, with GameStop on track to finish the week down 9% and AMC set to lose 20.9% in Friday afternoon trading.\nDataTrek Research co-founder Nicholas Colas said this weekĀ there is an ominous sign theĀ meme stock phenomenon may be dying a slow death.\nRetail Trading Boom:DataTrek has been periodically tracking the boom in retail traders triggered during the pandemic in 2020 and 2021 by monitoring U.S. Google search volume for the keywords āinvestā and ābuy stock.ā Colas said these basic search terms are a broad way to gauge marginal retail investor interest in the stock market.\nThe image below shows how search volume for those key phrases has changed since the beginning of 2020.\n\nColas said the search volume data clearly indicates the retail stock trading fad is completely over at this point, a āvery bad omenā for AMC and GameStop. In fact, Google search volume is now back down to where it was before the pandemic started in early 2020.\nIn addition, search volumes are now down 75% from their peak levels during the initial short squeezes in AMC and GameStop back in January 2021.\nColas said meme stocks like AMC need new retail stock traders to join in the buying to support their stock prices else they could be headed for more volatility like they have experienced this week.\nāBubbles need fresh money, or they deflate. Quickly,ā Colas wrote. āEvery craze needs new adherents (i.e., not just the same crowd) to keep it relevant, and the Google chart shows those are in increasingly short supply.ā\nPMP Weighs In:BenzingaĀ PreMarket Prep co-host Dennis Dick saidĀ a good story can carry a stock a long way, and some stocks can even become so hot that they become temporarily disconnected from the companyās underlying fundamentals.\nāWe have seen that in a number of meme stocks this year. Story can drive price in the short run but stocks almost always return back to their fundamental value in the long run,ā Dick said.\nThe type of disconnect between share price and underlying value that AMC and GameStop have experienced in 2021 is certainly nothing new. Canadian cannabis stockĀ Tilray Inc(NASDAQ:TLRY) experienced a similar disconnect back in 2018 when a retail stock mania sent the stock skyrocketing up to $300. Today, Tilray is trading back down at around $13.90.\nāAs the stock price begins to fall, momentum traders who have been chasing the hot story will begin to exit. But if the stock trades at an extreme valuation, there may be very few traders willing to buy. This is what we are starting to see in many meme stocks today,ā Dick said.\nBenzinga's Take:If the story begins to get hot again, the stock prices of overvalued story stocks can always recover once again. But without any underlying fundamentals to support the valuation, these types of stocks need a constant stream of new buyers and an increasingly bullish story to generate fresh enthusiasm.","news_type":1},"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168513799,"gmtCreate":1623978467711,"gmtModify":1703825232941,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GEO\">$Geo Group Inc(GEO)$</a>?","listText":"<a href=\"https://laohu8.com/S/GEO\">$Geo Group Inc(GEO)$</a>?","text":"$Geo Group Inc(GEO)$?","images":[{"img":"https://static.tigerbbs.com/70076dc1fec7a66a5b67e2d3e12b939a","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/168513799","isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":153744701,"gmtCreate":1625054161204,"gmtModify":1703734932365,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"Seem ok","listText":"Seem ok","text":"Seem ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153744701","repostId":"1167249015","repostType":4,"repost":{"id":"1167249015","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625053653,"share":"https://ttm.financial/m/news/1167249015?lang=&edition=fundamental","pubTime":"2021-06-30 19:47","market":"us","language":"en","title":"Bed Bath & Beyond Inc. Reports Strong First Quarter Results With Sales And Gross Margin Ahead Of Expectations; Transformation Ahead Of Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=1167249015","media":"Tiger Newspress","summary":"Net Sales of $1,954M\nCore Sales Growth of 73%; Comparable Sales Growth of 86%\nGAAP Gross Margin of 3","content":"<p><b>Net Sales of $1,954M</b></p>\n<p><b>Core Sales Growth of 73%; Comparable Sales Growth of 86%</b></p>\n<p><b>GAAP Gross Margin of 32.4%; Adjusted Gross Margin of 34.9%</b></p>\n<p><b>Adjusted EBITDA of $86 Million</b></p>\n<p><b>Raises Full Fiscal Year 2021 Outlook</b></p>\n<p>Bed Bath &Beyond Inc.(NASDAQ: BBBY) today reported financial results for the first quarter of fiscal 2021 ended May 29, 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/bbde26abbfa8e2d0a0eb617f3b285efe\" tg-width=\"937\" tg-height=\"481\" referrerpolicy=\"no-referrer\"></p>\n<p>Bed Bath & Beyond shares surged 7% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/ba5cc7a253c1a20f9a1b0d3f2e6fdbfa\" tg-width=\"924\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p>\n<p><b><u>Q1 Highlights</u></b></p>\n<ul>\n <li>Core1Sales growth of +73%; Comparable3Sales growth of +86% versus Q1 2020</li>\n <li>Comparable Sales growth for Total Enterprise +3% compared to Q1 2019</li>\n <li>Gross Margin of 32.4% and Adjusted2Gross Margin of 34.9%, primarily driven by Owned Brand launches and channel mix shift due to normalized digital penetration versus the COVID-19 period last year</li>\n <li>Q1 Adjusted2EBITDA of$86 millioninclusive of incremental marketing investments during the quarter</li>\n <li>Establishes guidance outlook for 2021 second quarter</li>\n <li>Raises full fiscal year 2021 guidance outlook on Sales and Adjusted2EBITDA; Re-establishes Adjusted EPS guidance</li>\n</ul>\n<p><b><u>Fiscal 2021 First Quarter Results (March-April-May)</u></b></p>\n<ul>\n <li>Net sales were$1.95 billion, reflecting Core1banner sales growth of 73% compared to the prior year period. Net sales growth versus last year was primarily driven by an increase inBed Bath & Beyondbanner sales.</li>\n <ul>\n <li>Net sales included planned reductions of 24% from non-core banner divestitures.</li>\n </ul>\n <li>Comparable3sales increased 86% compared to the prior year period, which excludes the impact of the Company's fleet optimization activity. Compared to 2019 fiscal first quarter, total enterprise comparable sales increased 3%, driven by digital sales growth of 84%.</li>\n <ul>\n <li>Comparable3sales included an estimated 13% impact from fleet optimization activity when compared to the fiscal 2020 first quarter.</li>\n </ul>\n <li>Bed Bath & Beyondbanner sales increased 96% compared to the prior year period as the Company had a significant number of stores closed during the 2020 fiscal first quarter at the onset of the COVID-19 pandemic.</li>\n <ul>\n <li>Bed Bath & Beyondbanner sales were driven by growth in its key destination categories, which includes Bedding, Bath,Kitchen Food Prep,Indoor Decor and Home Organization. In total, these categories delivered strong sales growth of more than 100% compared to the 2020 fiscal first quarter and growth of 7% on a comparable sales basis versus the 2019 fiscal first quarter. These categories represented approximately two-thirds of totalBed Bath & Beyondbanner sales in the first quarter.</li>\n </ul>\n <li>The buybuy BABY banner continued to deliver positive sales growth with net sales increasing more than 20% compared to the 2020 fiscal first quarter, and an increase of low-single digits on a comparable sales basis versus the 2019 fiscal first quarter. Comparable sales were driven by more than 50% growth in digital.</li>\n <li>Gross margin was 32.4% for the quarter. Excluding special items from both periods, adjusted2gross margin increased 820 basis points to 34.9%, primarily driven by a favorable product mix from Owned Brand launches as well as a more normalized mix of digital sales coupled with a strong recovery in store sales growth.</li>\n <li>SG&A expense, on both a GAAP and adjusted basis, decreased significantly compared to the prior year period, primarily due to cost reductions including divestitures of non-core assets and lower rent and occupancy expenses on more efficient stores. This was partially offset by incremental marketing investments to support the Company's \"Home, Happier\" campaign as well as the initial launches of the Company's Owned Brands.</li>\n <li>Adjusted2EBITDA for the period improved to$86 millioncompared to last year, primarily due to higher sales and adjusted2gross margin expansion, which were partially offset by incremental marketing investments to support the Company's \"Home, Happier\" campaign as well as the initial launches of the Company's Owned Brands.</li>\n <li>Net loss per diluted share of$0.48includes approximately$56 millionfrom special items. Excluding special items, adjusted2net earnings per diluted share was$0.05. Special items reflect charges such as non-cash impairments related to certain store-level assets and tradenames, loss on sale of businesses, loss on the extinguishment of debt, and charges recorded in connection with the Company's restructuring and transformation initiatives. Restructuring and transformation initiatives includes accelerated markdowns and inventory reserves related to the planned assortment transition to Owned Brands and costs associated with store closures related to the Company's fleet optimization, and the income tax impact of these items.</li>\n <li>As expected, operating cash flow usage of$28 millionwas in-line with historical first quarter seasonality and working capital needs. Accordingly, free cash flow5was an investment of$102 millionas a result of$74 millionof planned capital expenditures in connection with store remodels, supply chain and IT systems.</li>\n <li>Inventory reduced by approximately$110 millioncompared to the end of fiscal 2020, was primarily related to seasonal selling and product transitions in preparation for the introduction of the Company's Owned Brands, as well as store closures related to the Company's fleet optimization activity.</li>\n <li>$130 millionin capital return to shareholders through share repurchases.</li>\n <li>Cash, cash equivalents, restricted cash and investments balance were approximately$1.2 billion.</li>\n <li>Total Liquidity4was approximately$1.9 billion, including the Company's asset based revolving credit facility.</li>\n</ul>\n<p><b><u>Guidance Outlook</u></b></p>\n<p>As a reminder,Net Salesthroughout fiscal 2021 include the Company's Core1businesses and reflects planned reductions related to the Company's store fleet optimization activity.</p>\n<p><u>Fiscal 2021 Second Quarter Outlook</u></p>\n<p>The Company expects fiscal 2021 second quarterNet Salesof between$2.04 billionto$2.08 billion, which only reflects sales from the Company's Core1businesses. Net Salesalso includes planned sales reductions from the Company's store fleet optimization program of approximately 9% to 10%. On a Comparable Sales basis, the Company expects to achieve growth in the low-single digit range compared to the prior year period.</p>\n<p>The Company expects to achieve Adjusted2Gross Margin in the range of 35% to 36%. This represents a sequential improvement versus the 2021 fiscal first quarter primarily driven by continued assortment curation and a higher penetration of the Company's Owned Brands. Additionally, this guidance reflects the on-going, year-over-year impact of higher, industry-wide freight costs.</p>\n<p>The Company expects Adjusted2EBITDA between $150 millionto$160 millionand Adjusted2EPS in the range of$0.48to$0.55for the fiscal 2021 second quarter.</p>\n<p><u>Fiscal Year 2021 Outlook</u></p>\n<p>Based on strong performance in the fiscal first quarter and current expectations for the fiscal second quarter, the Company is raising its fiscal year 2021 guidance outlook.</p>\n<p>The Company now expects higher fiscal year 2021 Net Sales of$8.2 billionto$8.4 billionfrom$8.0 billionto$8.2 billion. The Company is raising comparable sales expectations for the second through fourth quarters of fiscal 2021 to the Low-Single Digit growth range versus its previously communicated guidance outlook for Flat comparable sales growth. This compares to the Company's robust sales performance during the second through fourth quarters of fiscal 2020.</p>\n<p>The Company is also increasing its Adjusted2EBITDA guidance to a range of$520 millionto$540 millionfrom$500 millionto$525 millionand re-introduces a full fiscal year 2021 Adjusted2EPS range of$1.40to$1.55.</p>\n<p>The Company is reaffirming its previously issued guidance for Adjusted2Gross Margin of approximately 35% and Adjusted2SG&A of approximately 31%.</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>Bed Bath & Beyond Inc. Reports Strong First Quarter Results With Sales And Gross Margin Ahead Of Expectations; Transformation Ahead Of Plan</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\">\nBed Bath & Beyond Inc. Reports Strong First Quarter Results With Sales And Gross Margin Ahead Of Expectations; Transformation Ahead Of Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-30 19:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Net Sales of $1,954M</b></p>\n<p><b>Core Sales Growth of 73%; Comparable Sales Growth of 86%</b></p>\n<p><b>GAAP Gross Margin of 32.4%; Adjusted Gross Margin of 34.9%</b></p>\n<p><b>Adjusted EBITDA of $86 Million</b></p>\n<p><b>Raises Full Fiscal Year 2021 Outlook</b></p>\n<p>Bed Bath &Beyond Inc.(NASDAQ: BBBY) today reported financial results for the first quarter of fiscal 2021 ended May 29, 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/bbde26abbfa8e2d0a0eb617f3b285efe\" tg-width=\"937\" tg-height=\"481\" referrerpolicy=\"no-referrer\"></p>\n<p>Bed Bath & Beyond shares surged 7% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/ba5cc7a253c1a20f9a1b0d3f2e6fdbfa\" tg-width=\"924\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p>\n<p><b><u>Q1 Highlights</u></b></p>\n<ul>\n <li>Core1Sales growth of +73%; Comparable3Sales growth of +86% versus Q1 2020</li>\n <li>Comparable Sales growth for Total Enterprise +3% compared to Q1 2019</li>\n <li>Gross Margin of 32.4% and Adjusted2Gross Margin of 34.9%, primarily driven by Owned Brand launches and channel mix shift due to normalized digital penetration versus the COVID-19 period last year</li>\n <li>Q1 Adjusted2EBITDA of$86 millioninclusive of incremental marketing investments during the quarter</li>\n <li>Establishes guidance outlook for 2021 second quarter</li>\n <li>Raises full fiscal year 2021 guidance outlook on Sales and Adjusted2EBITDA; Re-establishes Adjusted EPS guidance</li>\n</ul>\n<p><b><u>Fiscal 2021 First Quarter Results (March-April-May)</u></b></p>\n<ul>\n <li>Net sales were$1.95 billion, reflecting Core1banner sales growth of 73% compared to the prior year period. Net sales growth versus last year was primarily driven by an increase inBed Bath & Beyondbanner sales.</li>\n <ul>\n <li>Net sales included planned reductions of 24% from non-core banner divestitures.</li>\n </ul>\n <li>Comparable3sales increased 86% compared to the prior year period, which excludes the impact of the Company's fleet optimization activity. Compared to 2019 fiscal first quarter, total enterprise comparable sales increased 3%, driven by digital sales growth of 84%.</li>\n <ul>\n <li>Comparable3sales included an estimated 13% impact from fleet optimization activity when compared to the fiscal 2020 first quarter.</li>\n </ul>\n <li>Bed Bath & Beyondbanner sales increased 96% compared to the prior year period as the Company had a significant number of stores closed during the 2020 fiscal first quarter at the onset of the COVID-19 pandemic.</li>\n <ul>\n <li>Bed Bath & Beyondbanner sales were driven by growth in its key destination categories, which includes Bedding, Bath,Kitchen Food Prep,Indoor Decor and Home Organization. In total, these categories delivered strong sales growth of more than 100% compared to the 2020 fiscal first quarter and growth of 7% on a comparable sales basis versus the 2019 fiscal first quarter. These categories represented approximately two-thirds of totalBed Bath & Beyondbanner sales in the first quarter.</li>\n </ul>\n <li>The buybuy BABY banner continued to deliver positive sales growth with net sales increasing more than 20% compared to the 2020 fiscal first quarter, and an increase of low-single digits on a comparable sales basis versus the 2019 fiscal first quarter. Comparable sales were driven by more than 50% growth in digital.</li>\n <li>Gross margin was 32.4% for the quarter. Excluding special items from both periods, adjusted2gross margin increased 820 basis points to 34.9%, primarily driven by a favorable product mix from Owned Brand launches as well as a more normalized mix of digital sales coupled with a strong recovery in store sales growth.</li>\n <li>SG&A expense, on both a GAAP and adjusted basis, decreased significantly compared to the prior year period, primarily due to cost reductions including divestitures of non-core assets and lower rent and occupancy expenses on more efficient stores. This was partially offset by incremental marketing investments to support the Company's \"Home, Happier\" campaign as well as the initial launches of the Company's Owned Brands.</li>\n <li>Adjusted2EBITDA for the period improved to$86 millioncompared to last year, primarily due to higher sales and adjusted2gross margin expansion, which were partially offset by incremental marketing investments to support the Company's \"Home, Happier\" campaign as well as the initial launches of the Company's Owned Brands.</li>\n <li>Net loss per diluted share of$0.48includes approximately$56 millionfrom special items. Excluding special items, adjusted2net earnings per diluted share was$0.05. Special items reflect charges such as non-cash impairments related to certain store-level assets and tradenames, loss on sale of businesses, loss on the extinguishment of debt, and charges recorded in connection with the Company's restructuring and transformation initiatives. Restructuring and transformation initiatives includes accelerated markdowns and inventory reserves related to the planned assortment transition to Owned Brands and costs associated with store closures related to the Company's fleet optimization, and the income tax impact of these items.</li>\n <li>As expected, operating cash flow usage of$28 millionwas in-line with historical first quarter seasonality and working capital needs. Accordingly, free cash flow5was an investment of$102 millionas a result of$74 millionof planned capital expenditures in connection with store remodels, supply chain and IT systems.</li>\n <li>Inventory reduced by approximately$110 millioncompared to the end of fiscal 2020, was primarily related to seasonal selling and product transitions in preparation for the introduction of the Company's Owned Brands, as well as store closures related to the Company's fleet optimization activity.</li>\n <li>$130 millionin capital return to shareholders through share repurchases.</li>\n <li>Cash, cash equivalents, restricted cash and investments balance were approximately$1.2 billion.</li>\n <li>Total Liquidity4was approximately$1.9 billion, including the Company's asset based revolving credit facility.</li>\n</ul>\n<p><b><u>Guidance Outlook</u></b></p>\n<p>As a reminder,Net Salesthroughout fiscal 2021 include the Company's Core1businesses and reflects planned reductions related to the Company's store fleet optimization activity.</p>\n<p><u>Fiscal 2021 Second Quarter Outlook</u></p>\n<p>The Company expects fiscal 2021 second quarterNet Salesof between$2.04 billionto$2.08 billion, which only reflects sales from the Company's Core1businesses. Net Salesalso includes planned sales reductions from the Company's store fleet optimization program of approximately 9% to 10%. On a Comparable Sales basis, the Company expects to achieve growth in the low-single digit range compared to the prior year period.</p>\n<p>The Company expects to achieve Adjusted2Gross Margin in the range of 35% to 36%. This represents a sequential improvement versus the 2021 fiscal first quarter primarily driven by continued assortment curation and a higher penetration of the Company's Owned Brands. Additionally, this guidance reflects the on-going, year-over-year impact of higher, industry-wide freight costs.</p>\n<p>The Company expects Adjusted2EBITDA between $150 millionto$160 millionand Adjusted2EPS in the range of$0.48to$0.55for the fiscal 2021 second quarter.</p>\n<p><u>Fiscal Year 2021 Outlook</u></p>\n<p>Based on strong performance in the fiscal first quarter and current expectations for the fiscal second quarter, the Company is raising its fiscal year 2021 guidance outlook.</p>\n<p>The Company now expects higher fiscal year 2021 Net Sales of$8.2 billionto$8.4 billionfrom$8.0 billionto$8.2 billion. The Company is raising comparable sales expectations for the second through fourth quarters of fiscal 2021 to the Low-Single Digit growth range versus its previously communicated guidance outlook for Flat comparable sales growth. This compares to the Company's robust sales performance during the second through fourth quarters of fiscal 2020.</p>\n<p>The Company is also increasing its Adjusted2EBITDA guidance to a range of$520 millionto$540 millionfrom$500 millionto$525 millionand re-introduces a full fiscal year 2021 Adjusted2EPS range of$1.40to$1.55.</p>\n<p>The Company is reaffirming its previously issued guidance for Adjusted2Gross Margin of approximately 35% and Adjusted2SG&A of approximately 31%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3Bå®¶å± "},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167249015","content_text":"Net Sales of $1,954M\nCore Sales Growth of 73%; Comparable Sales Growth of 86%\nGAAP Gross Margin of 32.4%; Adjusted Gross Margin of 34.9%\nAdjusted EBITDA of $86 Million\nRaises Full Fiscal Year 2021 Outlook\nBed Bath &Beyond Inc.(NASDAQ: BBBY) today reported financial results for the first quarter of fiscal 2021 endedĀ MayĀ 29, 2021.\n\nBed Bath & BeyondĀ sharesĀ surgedĀ 7%Ā in premarket trading.\n\nQ1 Highlights\n\nCore1Sales growth of +73%; Comparable3Sales growth of +86% versus Q1 2020\nComparable Sales growth for Total Enterprise +3% compared to Q1 2019\nGross Margin of 32.4% and Adjusted2Gross Margin of 34.9%, primarily driven by Owned Brand launches and channel mix shift due to normalized digital penetration versus the COVID-19 period last year\nQ1 Adjusted2EBITDA of$86 millioninclusive of incremental marketing investments during the quarter\nEstablishes guidance outlook for 2021 second quarter\nRaises full fiscal year 2021 guidance outlook on Sales and Adjusted2EBITDA; Re-establishes Adjusted EPS guidance\n\nFiscal 2021 First Quarter Results (March-April-May)\n\nNet sales were$1.95 billion, reflecting Core1banner sales growth of 73% compared to the prior year period. Net sales growth versus last year was primarily driven by an increase inBed Bath & Beyondbanner sales.\n\nNet sales included planned reductions of 24% from non-core banner divestitures.\n\nComparable3sales increased 86% compared to the prior year period, which excludes the impact of the Company's fleet optimization activity. Compared to 2019 fiscal first quarter, total enterprise comparable sales increased 3%, driven by digital sales growth of 84%.\n\nComparable3sales included an estimated 13% impact from fleet optimization activity when compared to the fiscal 2020 first quarter.\n\nBed Bath & Beyondbanner sales increased 96% compared to the prior year period as the Company had a significant number of stores closed during the 2020 fiscal first quarter at the onset of the COVID-19 pandemic.\n\nBed Bath & Beyondbanner sales were driven by growth in its key destination categories, which includes Bedding, Bath,Kitchen Food Prep,Indoor Decor and Home Organization. In total, these categories delivered strong sales growth of more than 100% compared to the 2020 fiscal first quarter and growth of 7% on a comparable sales basis versus the 2019 fiscal first quarter. These categories represented approximately two-thirds of totalBed Bath & Beyondbanner sales in the first quarter.\n\nThe buybuy BABY banner continued to deliver positive sales growth with net sales increasing more than 20% compared to the 2020 fiscal first quarter, and an increase of low-single digits on a comparable sales basis versus the 2019 fiscal first quarter. Comparable sales were driven by more than 50% growth in digital.\nGross margin was 32.4% for the quarter. Excluding special items from both periods, adjusted2gross margin increased 820 basis points to 34.9%, primarily driven by a favorable product mix from Owned Brand launches as well as a more normalized mix of digital sales coupled with a strong recovery in store sales growth.\nSG&A expense, on both a GAAP and adjusted basis, decreased significantly compared to the prior year period, primarily due to cost reductions including divestitures of non-core assets and lower rent and occupancy expenses on more efficient stores. This was partially offset by incremental marketing investments to support the Company's \"Home, Happier\" campaign as well as the initial launches of the Company's Owned Brands.\nAdjusted2EBITDA for the period improved to$86 millioncompared to last year, primarily due to higher sales and adjusted2gross margin expansion, which were partially offset by incremental marketing investments to support the Company's \"Home, Happier\" campaign as well as the initial launches of the Company's Owned Brands.\nNet loss per diluted share of$0.48includes approximately$56 millionfrom special items. Excluding special items, adjusted2net earnings per diluted share was$0.05. Special items reflect charges such as non-cash impairments related to certain store-level assets and tradenames, loss on sale of businesses, loss on the extinguishment of debt, and charges recorded in connection with the Company's restructuring and transformation initiatives. Restructuring and transformation initiatives includes accelerated markdowns and inventory reserves related to the planned assortment transition to Owned Brands and costs associated with store closures related to the Company's fleet optimization, and the income tax impact of these items.\nAs expected, operating cash flow usage of$28 millionwas in-line with historical first quarter seasonality and working capital needs. Accordingly, free cash flow5was an investment of$102 millionas a result of$74 millionof planned capital expenditures in connection with store remodels, supply chain and IT systems.\nInventory reduced by approximately$110 millioncompared to the end of fiscal 2020, was primarily related to seasonal selling and product transitions in preparation for the introduction of the Company's Owned Brands, as well as store closures related to the Company's fleet optimization activity.\n$130 millionin capital return to shareholders through share repurchases.\nCash, cash equivalents, restricted cash and investments balance were approximately$1.2 billion.\nTotal Liquidity4was approximately$1.9 billion, including the Company's asset based revolving credit facility.\n\nGuidance Outlook\nAs a reminder,Net Salesthroughout fiscal 2021 include the Company's Core1businesses and reflects planned reductions related to the Company's store fleet optimization activity.\nFiscal 2021 Second Quarter Outlook\nThe Company expects fiscal 2021 second quarterNet Salesof between$2.04 billionto$2.08 billion, which only reflects sales from the Company's Core1businesses.Ā Net Salesalso includes planned sales reductions from the Company's store fleet optimization program of approximately 9% to 10%. On a Comparable Sales basis, the Company expects to achieve growth in the low-single digit range compared to the prior year period.\nThe Company expects to achieve Adjusted2Gross Margin in the range of 35% to 36%.Ā This represents a sequential improvement versus the 2021 fiscal first quarter primarily driven by continued assortment curation and a higher penetration of the Company's Owned Brands.Ā Additionally, this guidance reflects the on-going, year-over-year impact of higher, industry-wide freight costs.\nThe Company expects Adjusted2EBITDA betweenĀ $150 millionto$160 millionand Adjusted2EPS in the range of$0.48to$0.55for the fiscal 2021 second quarter.\nFiscal Year 2021 Outlook\nBased on strong performance in the fiscal first quarter and current expectations for the fiscal second quarter, the Company is raising its fiscal year 2021 guidance outlook.\nThe Company now expects higher fiscal year 2021 Net Sales of$8.2 billionto$8.4 billionfrom$8.0 billionto$8.2 billion. The Company is raising comparable sales expectations for the second through fourth quarters of fiscal 2021 to the Low-Single Digit growth range versus its previously communicated guidance outlook for Flat comparable sales growth.Ā This compares to the Company's robust sales performance during the second through fourth quarters of fiscal 2020.\nThe Company is also increasing its Adjusted2EBITDA guidance to a range of$520 millionto$540 millionfrom$500 millionto$525 millionand re-introduces a full fiscal year 2021 Adjusted2EPS range of$1.40to$1.55.\nThe Company is reaffirming its previously issued guidance for Adjusted2Gross Margin of approximately 35% and Adjusted2SG&A of approximately 31%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149509611,"gmtCreate":1625733354233,"gmtModify":1703747360463,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"[Thinking] ","listText":"[Thinking] ","text":"[Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149509611","repostId":"2149934583","repostType":4,"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122290948,"gmtCreate":1624621156884,"gmtModify":1703841904895,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"[Thinking] [Thinking] ","listText":"[Thinking] [Thinking] ","text":"[Thinking] [Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122290948","repostId":"2146023165","repostType":4,"repost":{"id":"2146023165","pubTimestamp":1624614720,"share":"https://ttm.financial/m/news/2146023165?lang=&edition=fundamental","pubTime":"2021-06-25 17:52","market":"us","language":"en","title":"Microsoft sent a strong signal to developers that could hurt Apple and Google","url":"https://stock-news.laohu8.com/highlight/detail?id=2146023165","media":"Yahoo Finance","summary":"Microsoft launched a broadside against rivals Apple and Google on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.Thatās a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.āWindows has always stood for sovereignty for creators and agency for consumer","content":"<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.</p>\n<p>Thatās a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.</p>\n<p>āWindows has always stood for sovereignty for creators and agency for consumers,ā Microsoft CEO Satya Nadella said. āA platform can only serve society if its rules allow for this foundational innovation and category creation. Itās why weāre introducing new store commerce models and policies.ā</p>\n<p>The move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.</p>\n<p>Apple is awaiting a ruling in an antitrust case brought by Epic Games, in which the āFortniteā developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.</p>\n<p>Google, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.</p>\n<h3><b>Microsoft has been criticizing Appleās policies</b></h3>\n<p>This isnāt the first time Microsoft has called out its rivals and their app stores. The company has criticized Appleās policies in the past, specifically Appleās policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.</p>\n<p>More recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoftās cloud gaming ambitions and forcing it to make users rely on a browser-style app.</p>\n<p>That led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the bodyās investigation into Apple, Google, Amazon, and <a href=\"https://laohu8.com/S/FB\">Facebook</a>.</p>\n<p><img src=\"https://static.tigerbbs.com/d92ddac610658f60945c72fc4da23210\" tg-width=\"1024\" tg-height=\"640\" referrerpolicy=\"no-referrer\">Microsoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft</p>\n<p>Microsoft also took aim at Apple in the iPhone makerās battle with āFortniteā developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epicās Unreal Engine.</p>\n<p>Epic initially sued Apple and Google after the two companies removed āForniteā from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Googleās payment services. That effectively cut out Apple and Googleās 30% app store fees.</p>\n<p>Epicās fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.</p>\n<h3><b>Microsoft could win over developers</b></h3>\n<p>With its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.</p>\n<p>While Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. Itās now up to Apple and Google to respond.</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>Microsoft sent a strong signal to developers that could hurt Apple and Google</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\">\nMicrosoft sent a strong signal to developers that could hurt Apple and Google\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 17:52 GMT+8 <a href=https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"č°·ęA","03086":"åå¤ēŗ³ę","QNETCN":"ēŗ³ęÆč¾¾å äøē¾äŗčē½ččęę°","GOOG":"č°·ę","09086":"åå¤ēŗ³ę-U","MSFT":"å¾®č½Æ","AAPL":"č¹ę"},"source_url":"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2146023165","content_text":"Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.\nThatās a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.\nāWindows has always stood for sovereignty for creators and agency for consumers,ā Microsoft CEO Satya Nadella said. āA platform can only serve society if its rules allow for this foundational innovation and category creation. Itās why weāre introducing new store commerce models and policies.ā\nThe move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.\nApple is awaiting a ruling in an antitrust case brought by Epic Games, in which the āFortniteā developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.\nGoogle, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.\nMicrosoft has been criticizing Appleās policies\nThis isnāt the first time Microsoft has called out its rivals and their app stores. The company has criticized Appleās policies in the past, specifically Appleās policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.\nMore recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoftās cloud gaming ambitions and forcing it to make users rely on a browser-style app.\nThat led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the bodyās investigation into Apple, Google, Amazon, and Facebook.\nMicrosoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft\nMicrosoft also took aim at Apple in the iPhone makerās battle with āFortniteā developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epicās Unreal Engine.\nEpic initially sued Apple and Google after the two companies removed āForniteā from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Googleās payment services. That effectively cut out Apple and Googleās 30% app store fees.\nEpicās fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.\nMicrosoft could win over developers\nWith its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.\nWhile Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. Itās now up to Apple and Google to respond.","news_type":1},"isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120282112,"gmtCreate":1624324798236,"gmtModify":1703833464266,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>?","listText":"<a href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>?","text":"$Torchlight Energy Resources(TRCH)$?","images":[{"img":"https://static.tigerbbs.com/b2ef9d22b7e089cffb23ff4dbdd6cd12","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/120282112","isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9952392041,"gmtCreate":1674437977483,"gmtModify":1676538940267,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"Wish everyone have a Happy Chinese New Year, \"Huat\" and also Good Health in year of Rabbit š° [USD] <a href=\"https://ttm.financial/S/ARDX\">$Ardelyx(ARDX)$ </a>[USD] [Call] [Call] [Call] ","listText":"Wish everyone have a Happy Chinese New Year, \"Huat\" and also Good Health in year of Rabbit š° [USD] <a href=\"https://ttm.financial/S/ARDX\">$Ardelyx(ARDX)$ </a>[USD] [Call] [Call] [Call] ","text":"Wish everyone have a Happy Chinese New Year, \"Huat\" and also Good Health in year of Rabbit š° [USD] $Ardelyx(ARDX)$ [USD] [Call] [Call] [Call]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952392041","isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802035191,"gmtCreate":1627698350613,"gmtModify":1703494883205,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"[Thinking] ","listText":"[Thinking] ","text":"[Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/802035191","repostId":"1109883672","repostType":4,"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178743818,"gmtCreate":1626840895034,"gmtModify":1703766217183,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"Hope the bounce back can be sustained","listText":"Hope the bounce back can be sustained","text":"Hope the bounce back can be sustained","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178743818","repostId":"2153924256","repostType":4,"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148792937,"gmtCreate":1626014396429,"gmtModify":1703751946877,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"[Thinking] ","listText":"[Thinking] ","text":"[Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/148792937","repostId":"1112201050","repostType":4,"repost":{"id":"1112201050","pubTimestamp":1625966101,"share":"https://ttm.financial/m/news/1112201050?lang=&edition=fundamental","pubTime":"2021-07-11 09:15","market":"us","language":"en","title":"The Meme Stock Trade Is Far From Over. What Investors Need to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1112201050","media":"Barrons","summary":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the de","content":"<p>It seemed to be only a matter of time.</p>\n<p>When GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?</p>\n<p>It has now been half a year, and the core āmeme stocksā are still trading at levels considered outrageous by people who have studied them for years. New names like Clover Health Investments(CLOV) and Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.</p>\n<p>The collective efforts of millions of retail tradersālong derided as āthe dumb moneyāāhave successfully held stocks aloft and forced naysayers to capitulate.</p>\n<p>That is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.</p>\n<p>While trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than Appleās(AAPL) $9.5 billion and Amazon.comās (AMZN) $10.3 billion.</p>\n<p>Even as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdownā58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.</p>\n<p>A sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.</p>\n<p><img src=\"https://static.tigerbbs.com/25a79e71371c165f9a3a5085931fc487\" tg-width=\"979\" tg-height=\"649\"></p>\n<p>āIāve seen that the ābuy the dipā sentiment hasnāt relented for a moment,ā wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to Barronās.</p>\n<p>The meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.</p>\n<p>Meme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/167386c6881a258922ad62caaf7a05f4\" tg-width=\"971\" tg-height=\"644\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8e29e3041b91070252ab9063d1a11fa2\" tg-width=\"975\" tg-height=\"642\"><img src=\"https://static.tigerbbs.com/f9cc1c0bd6368721c0eca87e25719f16\" tg-width=\"964\" tg-height=\"641\"></p>\n<p>The most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isnāt alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.</p>\n<p>Under pressure from Robinhoodās zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customersāone that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driverās licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.</p>\n<p>These new customers act differently than their older peers. For years, there was a ābig gravitation toward ETFs,ā says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly āthe big story of 2021.ā</p>\n<p>To be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.</p>\n<p>But ETFs donāt light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didnāt last.</p>\n<p>āLike cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,ā wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.</p>\n<p>āI donāt think itās strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,ā he wrote.</p>\n<p>Sosnick considers meme stocks a āsector unto themselves,ā one that he segregates on his computer monitor away from other stock tickers.</p>\n<p>Indeed, Wall Streetās reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers wonāt touch the stocks, and analysts are dropping coverage.</p>\n<p>But Wall Street canāt swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.</p>\n<p><img src=\"https://static.tigerbbs.com/710e642d3b685b74f8c9dcaf46ef3e0b\" tg-width=\"968\" tg-height=\"643\"></p>\n<p>āWhat this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,ā says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. āTechnology is bringing the average investor closer to the companies in which he or she invests, and thatās just taking on new and unpredictable forms.ā</p>\n<p>The swings you get can definitely make you feel some sort of way.</p>\n<p>ā Matt Kohrs, 26, who streams stock analysis daily on YouTube</p>\n<p>It is now changing the lives of those who got in early and are still riding the names higher.</p>\n<p>Take Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming stock analysis on YouTube for seven hours a day.</p>\n<p>With 350,000 YouTube followers, itās paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.</p>\n<p>āThe swings you get can definitely make you feel some sort of way,ā he says.</p>\n<p>Companies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.</p>\n<p>AMC even canceled a proposed equity raise this past week because the company apparently didnāt like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen āmany yes, many noā reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMCās annual meeting later this month. The company did not respond to a question on how it had polled shareholders.</p>\n<p>Forget the boardroom. Corporate policy is now being determined in the chat room.</p>\n<p>Big investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.</p>\n<p>In the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.</p>\n<p>There can be āalpha in the signal,ā as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.</p>\n<p>For now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. āThey see it as almost like an insurance policy, to limit their downside risks,ā he says.</p>\n<p>For retail traders, the method isnāt always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.</p>\n<p>New investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.</p>\n<p>āWall Street brought our economy to its knees, and no one ever got in trouble for it,ā says the 26-year-old Kohrs. āSo, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.ā</p>\n<p>Claire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. āHe was so mad I had bought GameStop and was refusing to sell,ā she says, laughing. āAnd that just makes me want to hold it forever.ā</p>\n<p>Just like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you donāt wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you donāt complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.</p>\n<p>The new trading deskāthe apps that millions of retail traders now use and the message boards where they congregateāhave unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You donāt take yourself seriously and you donāt police language. You are part of an army of āapesā or āretards.ā You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.</p>\n<p>The group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger whatās known as a gamma squeeze.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/75d79c78a14cc8f297e17397cc54bdb5\" tg-width=\"1260\" tg-height=\"840\"><span>Keith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.</span></p>\n<p>Many short sellers say they wonāt touch these stocks anymore. But clearly, others arenāt taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMCās short interest was at 17% of the stockās float in mid-June, down from 28% in January, but not by much.</p>\n<p>As the price rises, the shorts canāt help themselves. They start ādrooling, with flames coming out of their ears,ā says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. āWhatās kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,ā he says. āAnd [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.ā</p>\n<p>To beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan basesāGameStop and AMCāstill have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath & Beyond(BBBY) spiked twiceāin late January and early Juneābut now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.</p>\n<p>Distrust has spread, and some traders worry that wallstreetbetsā the original Reddit message board that inspired the GameStop frenzyāhas grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old communityās flavor.</p>\n<p>Travis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.</p>\n<p>āItās called into question what is a true discussion versus what is something that somebody just wants to pump,ā he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from Barronās for comment.</p>\n<p>āIf you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, thereās a tremendous incentive to do that,ā Sosnick says.</p>\n<p>The Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail tradersāalthough changes could also anger the retail crowd if they slow down trading or make it more expensive.</p>\n<p>Regulations arenāt the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even āapesā have responsibilities. āKids start going back to schools; parents are free to go to work again,ā he says. āThatās the next time thereās going to be some oxygen pulled out of the room.ā</p>\n<p>Traditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, itās almost certainly a good thing, as long as most people bet with money they donāt need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.</p>\n<p>In one form or another, this is the future client base of Wall Street.</p>\n<p>Arizona State University professor Hendrik Bessembinder published groundbreaking research in 2018 that found that āa randomly selected stock in a randomly selected month is more likely to lose money than make money.ā In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.</p>\n<p>Even so, heās encouraged by the new wave of trading. āI welcome the increase in retail trading, the idea of the stock market being a place with wide participation,ā Bessembinder says. āEconomists canāt tell people they shouldnāt get some fun.ā</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>The Meme Stock Trade Is Far From Over. What Investors Need to Know.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Meme Stock Trade Is Far From Over. What Investors Need to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-11 09:15 GMT+8 <a href=https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking ...</p>\n\n<a href=\"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp","WKHS":"Workhorse Group, Inc.","SCHW":"åäæ”ēč“¢","BB":"é»č","CARV":"å”å¼åØč","AMC":"AMCé¢ēŗæ","NEGG":"Newegg Comm Inc.","MRIN":"Marin Software Inc.","GME":"ęøøęé©æē«","BBBY":"3Bå®¶å± "},"source_url":"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112201050","content_text":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?\nIt has now been half a year, and the core āmeme stocksā are still trading at levels considered outrageous by people who have studied them for years. New names likeĀ Clover Health Investments(CLOV) andĀ Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.\nThe collective efforts of millions of retail tradersālong derided as āthe dumb moneyāāhave successfully held stocks aloft and forced naysayers to capitulate.\nThat is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.\nWhile trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded inĀ AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more thanĀ Appleās(AAPL) $9.5 billion and Amazon.comās (AMZN) $10.3 billion.\nEven as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdownā58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.\nA sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.\n\nāIāve seen that the ābuy the dipā sentiment hasnāt relented for a moment,ā wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email toĀ Barronās.\nThe meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.\nMeme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recentĀ Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.\n\nThe most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isnāt alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.\nUnder pressure from Robinhoodās zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customersāone that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driverās licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.\nThese new customers act differently than their older peers. For years, there was a ābig gravitation toward ETFs,ā says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly āthe big story of 2021.ā\nTo be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.\nBut ETFs donāt light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didnāt last.\nāLike cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,ā wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.\nāI donāt think itās strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,ā he wrote.\nSosnick considers meme stocks a āsector unto themselves,ā one that he segregates on his computer monitor away from other stock tickers.\nIndeed, Wall Streetās reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers wonāt touch the stocks, and analysts are dropping coverage.\nBut Wall Street canāt swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.\n\nāWhat this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,ā says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. āTechnology is bringing the average investor closer to the companies in which he or she invests, and thatās just taking on new and unpredictable forms.ā\nThe swings you get can definitely make you feel some sort of way.\nā Matt Kohrs, 26, who streams stock analysis daily on YouTube\nIt is now changing the lives of those who got in early and are still riding the names higher.\nTake Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streamingĀ stock analysis on YouTubeĀ for seven hours a day.\nWith 350,000 YouTube followers, itās paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.\nāThe swings you get can definitely make you feel some sort of way,ā he says.\nCompanies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.\nAMC even canceled a proposed equity raise this past week because the company apparently didnāt like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen āmany yes, many noā reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMCās annual meeting later this month. The company did not respond to a question on how it had polled shareholders.\nForget the boardroom. Corporate policy is now being determined in the chat room.\nBig investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.\nIn the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.\nThere can be āalpha in the signal,ā as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.\nFor now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. āThey see it as almost like an insurance policy, to limit their downside risks,ā he says.\nFor retail traders, the method isnāt always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.\nNew investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.\nāWall Street brought our economy to its knees, and no one ever got in trouble for it,ā says the 26-year-old Kohrs. āSo, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.ā\nClaire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. āHe was so mad I had bought GameStop and was refusing to sell,ā she says, laughing. āAnd that just makes me want to hold it forever.ā\nJust like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you donāt wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you donāt complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.\nThe new trading deskāthe apps that millions of retail traders now use and the message boards where they congregateāhave unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You donāt take yourself seriously and you donāt police language. You are part of an army of āapesā or āretards.ā You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.\nThe group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger whatās known as a gamma squeeze.\nKeith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.\nMany short sellers say they wonāt touch these stocks anymore. But clearly, others arenāt taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMCās short interest was at 17% of the stockās float in mid-June, down from 28% in January, but not by much.\nAs the price rises, the shorts canāt help themselves. They start ādrooling, with flames coming out of their ears,ā says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. āWhatās kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,ā he says. āAnd [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.ā\nTo beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan basesāGameStop and AMCāstill have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath & Beyond(BBBY) spiked twiceāin late January and early Juneābut now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.\nDistrust has spread, and some traders worry that wallstreetbetsā the original Reddit message board that inspired the GameStop frenzyāhas grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old communityās flavor.\nTravis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.\nāItās called into question what is a true discussion versus what is something that somebody just wants to pump,ā he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request fromĀ BarronāsĀ for comment.\nāIf you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, thereās a tremendous incentive to do that,ā Sosnick says.\nThe Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail tradersāalthough changes could also anger the retail crowd if they slow down trading or make it more expensive.\nRegulations arenāt the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even āapesā have responsibilities. āKids start going back to schools; parents are free to go to work again,ā he says. āThatās the next time thereās going to be some oxygen pulled out of the room.ā\nTraditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, itās almost certainly a good thing, as long as most people bet with money they donāt need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.\nIn one form or another, this is the future client base of Wall Street.\nArizona State University professor Hendrik Bessembinder published groundbreakingĀ researchĀ in 2018 that found that āa randomly selected stock in a randomly selected month is more likely to lose money than make money.ā In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.\nEven so, heās encouraged by the new wave of trading. āI welcome the increase in retail trading, the idea of the stock market being a place with wide participation,ā Bessembinder says. āEconomists canāt tell people they shouldnāt get some fun.ā","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157136395,"gmtCreate":1625571279817,"gmtModify":1703743976279,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"Scary at the thought of private entity controlling currencyā¦.","listText":"Scary at the thought of private entity controlling currencyā¦.","text":"Scary at the thought of private entity controlling currencyā¦.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157136395","repostId":"1153955441","repostType":4,"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154355742,"gmtCreate":1625483808286,"gmtModify":1703742493840,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"[Thinking] ","listText":"[Thinking] ","text":"[Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154355742","repostId":"2148980793","repostType":4,"repost":{"id":"2148980793","weMediaInfo":{"introduction":"Dow Jones publishes the worldās most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1625482920,"share":"https://ttm.financial/m/news/2148980793?lang=&edition=fundamental","pubTime":"2021-07-05 19:02","market":"us","language":"en","title":"What to expect if 'peak everything' already has happened and markets feel the force of gravity again","url":"https://stock-news.laohu8.com/highlight/detail?id=2148980793","media":"Dow Jones","summary":"NASA ranks the lack of gravity as a top 5 risk of human space travel.\nBut gravity also has emerged a","content":"<p>NASA ranks the lack of gravity as a top 5 risk of human space travel.</p>\n<p>But gravity also has emerged as a concern for soaring U.S. stocks, bond prices and other financial assets as the force of extreme fiscal stimulus, meant to get the U.S. economy to the other side of the pandemic, begins to ease up.</p>\n<p>After a stunning first-half, the rest of 2021 could be poised for a slower pace of U.S. economic expansion and for the rate of inflation to come back down to earth.</p>\n<p>A bit more grounding wouldn't entirely be a bad thing for financial markets either, according to investors and analysts who spoke with MarketWatch about what to expect in the year's second half, as the dust settles with the American economy recovering and trillions of dollars worth of Washington fiscal stimulus fading into the background.</p>\n<p>\"It is very possible that we have seen peak everything,\" said Giorgio Caputo, head of the multi-asset team at J O Hambro Capital Management. \"But that doesn't mean we can't have very solid continued growth in the recovery.\"</p>\n<p>Like the pace of \"revenge travel growth forecast for GDP in the second-quarter.</p>\n<p>\"In terms of GPD numbers, it will be hard to have year-over-year growth rates that rival what the second quarter of 2021 is expected to look like, relative to the second-quarter of 2020, when the whole world was shut down,\" Caputo said.</p>\n<p>\"But you've still got monetary policy that's incredibly accommodative, and will be for a long time.\"</p>\n<p>A lofty perch</p>\n<p>The major U.S. stock indexes finished the first week of the third quarter at all-time highs , after the S&P 500 booked the best five quarters of percentage gains since the second-quarter of 1936, according to Dow Jones Market Data.</p>\n<p>Supply of U.S. corporate bonds <a href=\"https://laohu8.com/S/LQD\">$(LQD)$</a> -- and even demand in the sleepy municipal-bond market of the post-2008 financial crisis era.</p>\n<p>Issuance of U.S. investment-grade corporate bonds hit $860 billion in the year's first half, the second-highest tally ever, after last year's $1.2 trillion boom, according to BofA Global analysts.</p>\n<p>\"Companies still carry sizable cash war chests accumulated last year,\" the BofA team wrote, in a weekly note. \"On the other hand demand creates supply, and the combination of historically low yields and spreads at post-crisis tights may attract opportunistic issuance.\"</p>\n<p>It isn't only U.S. companies sitting on extra pandemic cash. The rate of U.S. personal saving tumbled to a still-elevated 12.4% in May from its highest on record at 33.7% in April 2020, as households squirreled away extra government aid. Unleashing that cash may sustain economic growth this year.</p>\n<p>Still, the bond market has been signaling potential trouble ahead for the U.S. economy, in terms of the Federal Reserve reaching its 2% inflation target over the longer run, with the 10-year Treasury yield at1.434% Friday, its lowest since March 2.</p>\n<p>\"That is spurring some desire to have growth stocks,\" said Robert Pavlik, senior portfolio manager, Dakota Wealth Management, of the thinking that Fed support could be harder to dial back if the economy struggles to grow.</p>\n<p>The S&P 500 ended the week up 1.7%, and 15.9% higher on the year thus far, while its growth segment rose1.6% and 14.3%, respectively. The Dow swept to a 1%weekly gain, advancing 13.7% since Jan. 1, and the Nasdaq Composite powered 1.9%higher for the week and 13.6% on the year.</p>\n<p>Back on Earth</p>\n<p>Daily life in the U.S. already has returned 80% \"back to normal\" according to this chart from Columbia Threadneedle, which measures things that include domestic travel, the return to offices and schools, as well as bricks-and-mortar shopping and dining out.</p>\n<p><img src=\"https://static.tigerbbs.com/2f9f33b68cc0d4654aba0aa60780d9f6\" tg-width=\"620\" tg-height=\"358\" referrerpolicy=\"no-referrer\"></p>\n<p>Friday's strong jobs report also pointed to continued healing in the U.S. labor market in June , but at a pace that may require more than a year for employment to return to pre-COVID levels.</p>\n<p>\"What the Fed cleverly did is shift the onus to the jobs market way from inflation,\" said George Goncalves, head of U.S. macro strategy at MUFG Securities Americas, referring to when the central bank might tweak its easy-money policies.</p>\n<p>\"If we are doing a hand off, getting back to normal business active, not just depending on stimulus, then companies have to hire and put more people back to work,\" he told MarketWatch. \"It is super critical.\"</p>\n<p>This week will be a short week though, with the U.S. July 4 holiday and markets closed Monday. But there will be updates on service sector activity in June on Tuesday from both IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> and ISM, followed by May job openings data and minutes from the Fed's latest Federal Open Market Committee on Wednesday.</p>\n<p>\"We are eyes wide open,\" said Caputo at J O Hambro, adding that European markets could still push higher, given that the region remains in an earlier stage of recovery than the U.S. and with its approval last week of sweeping a climate law , dubbed the European Green Deal.</p>\n<p>\"The crisis brought Europe together.\"</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>What to expect if 'peak everything' already has happened and markets feel the force of gravity again</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\">\nWhat to expect if 'peak everything' already has happened and markets feel the force of gravity again\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-05 19:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>NASA ranks the lack of gravity as a top 5 risk of human space travel.</p>\n<p>But gravity also has emerged as a concern for soaring U.S. stocks, bond prices and other financial assets as the force of extreme fiscal stimulus, meant to get the U.S. economy to the other side of the pandemic, begins to ease up.</p>\n<p>After a stunning first-half, the rest of 2021 could be poised for a slower pace of U.S. economic expansion and for the rate of inflation to come back down to earth.</p>\n<p>A bit more grounding wouldn't entirely be a bad thing for financial markets either, according to investors and analysts who spoke with MarketWatch about what to expect in the year's second half, as the dust settles with the American economy recovering and trillions of dollars worth of Washington fiscal stimulus fading into the background.</p>\n<p>\"It is very possible that we have seen peak everything,\" said Giorgio Caputo, head of the multi-asset team at J O Hambro Capital Management. \"But that doesn't mean we can't have very solid continued growth in the recovery.\"</p>\n<p>Like the pace of \"revenge travel growth forecast for GDP in the second-quarter.</p>\n<p>\"In terms of GPD numbers, it will be hard to have year-over-year growth rates that rival what the second quarter of 2021 is expected to look like, relative to the second-quarter of 2020, when the whole world was shut down,\" Caputo said.</p>\n<p>\"But you've still got monetary policy that's incredibly accommodative, and will be for a long time.\"</p>\n<p>A lofty perch</p>\n<p>The major U.S. stock indexes finished the first week of the third quarter at all-time highs , after the S&P 500 booked the best five quarters of percentage gains since the second-quarter of 1936, according to Dow Jones Market Data.</p>\n<p>Supply of U.S. corporate bonds <a href=\"https://laohu8.com/S/LQD\">$(LQD)$</a> -- and even demand in the sleepy municipal-bond market of the post-2008 financial crisis era.</p>\n<p>Issuance of U.S. investment-grade corporate bonds hit $860 billion in the year's first half, the second-highest tally ever, after last year's $1.2 trillion boom, according to BofA Global analysts.</p>\n<p>\"Companies still carry sizable cash war chests accumulated last year,\" the BofA team wrote, in a weekly note. \"On the other hand demand creates supply, and the combination of historically low yields and spreads at post-crisis tights may attract opportunistic issuance.\"</p>\n<p>It isn't only U.S. companies sitting on extra pandemic cash. The rate of U.S. personal saving tumbled to a still-elevated 12.4% in May from its highest on record at 33.7% in April 2020, as households squirreled away extra government aid. Unleashing that cash may sustain economic growth this year.</p>\n<p>Still, the bond market has been signaling potential trouble ahead for the U.S. economy, in terms of the Federal Reserve reaching its 2% inflation target over the longer run, with the 10-year Treasury yield at1.434% Friday, its lowest since March 2.</p>\n<p>\"That is spurring some desire to have growth stocks,\" said Robert Pavlik, senior portfolio manager, Dakota Wealth Management, of the thinking that Fed support could be harder to dial back if the economy struggles to grow.</p>\n<p>The S&P 500 ended the week up 1.7%, and 15.9% higher on the year thus far, while its growth segment rose1.6% and 14.3%, respectively. The Dow swept to a 1%weekly gain, advancing 13.7% since Jan. 1, and the Nasdaq Composite powered 1.9%higher for the week and 13.6% on the year.</p>\n<p>Back on Earth</p>\n<p>Daily life in the U.S. already has returned 80% \"back to normal\" according to this chart from Columbia Threadneedle, which measures things that include domestic travel, the return to offices and schools, as well as bricks-and-mortar shopping and dining out.</p>\n<p><img src=\"https://static.tigerbbs.com/2f9f33b68cc0d4654aba0aa60780d9f6\" tg-width=\"620\" tg-height=\"358\" referrerpolicy=\"no-referrer\"></p>\n<p>Friday's strong jobs report also pointed to continued healing in the U.S. labor market in June , but at a pace that may require more than a year for employment to return to pre-COVID levels.</p>\n<p>\"What the Fed cleverly did is shift the onus to the jobs market way from inflation,\" said George Goncalves, head of U.S. macro strategy at MUFG Securities Americas, referring to when the central bank might tweak its easy-money policies.</p>\n<p>\"If we are doing a hand off, getting back to normal business active, not just depending on stimulus, then companies have to hire and put more people back to work,\" he told MarketWatch. \"It is super critical.\"</p>\n<p>This week will be a short week though, with the U.S. July 4 holiday and markets closed Monday. But there will be updates on service sector activity in June on Tuesday from both IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> and ISM, followed by May job openings data and minutes from the Fed's latest Federal Open Market Committee on Wednesday.</p>\n<p>\"We are eyes wide open,\" said Caputo at J O Hambro, adding that European markets could still push higher, given that the region remains in an earlier stage of recovery than the U.S. and with its approval last week of sweeping a climate law , dubbed the European Green Deal.</p>\n<p>\"The crisis brought Europe together.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LQD":"åŗåøęę°ETF-iShares iBoxxęčµēŗ§å ¬åøåŗ",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"éē¼ęÆ"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148980793","content_text":"NASA ranks the lack of gravity as a top 5 risk of human space travel.\nBut gravity also has emerged as a concern for soaring U.S. stocks, bond prices and other financial assets as the force of extreme fiscal stimulus, meant to get the U.S. economy to the other side of the pandemic, begins to ease up.\nAfter a stunning first-half, the rest of 2021 could be poised for a slower pace of U.S. economic expansion and for the rate of inflation to come back down to earth.\nA bit more grounding wouldn't entirely be a bad thing for financial markets either, according to investors and analysts who spoke with MarketWatch about what to expect in the year's second half, as the dust settles with the American economy recovering and trillions of dollars worth of Washington fiscal stimulus fading into the background.\n\"It is very possible that we have seen peak everything,\" said Giorgio Caputo, head of the multi-asset team at J O Hambro Capital Management. \"But that doesn't mean we can't have very solid continued growth in the recovery.\"\nLike the pace of \"revenge travel growth forecast for GDP in the second-quarter.\n\"In terms of GPD numbers, it will be hard to have year-over-year growth rates that rival what the second quarter of 2021 is expected to look like, relative to the second-quarter of 2020, when the whole world was shut down,\" Caputo said.\n\"But you've still got monetary policy that's incredibly accommodative, and will be for a long time.\"\nA lofty perch\nThe major U.S. stock indexes finished the first week of the third quarter at all-time highs , after the S&P 500 booked the best five quarters of percentage gains since the second-quarter of 1936, according to Dow Jones Market Data.\nSupply of U.S. corporate bonds $(LQD)$ -- and even demand in the sleepy municipal-bond market of the post-2008 financial crisis era.\nIssuance of U.S. investment-grade corporate bonds hit $860 billion in the year's first half, the second-highest tally ever, after last year's $1.2 trillion boom, according to BofA Global analysts.\n\"Companies still carry sizable cash war chests accumulated last year,\" the BofA team wrote, in a weekly note. \"On the other hand demand creates supply, and the combination of historically low yields and spreads at post-crisis tights may attract opportunistic issuance.\"\nIt isn't only U.S. companies sitting on extra pandemic cash. The rate of U.S. personal saving tumbled to a still-elevated 12.4% in May from its highest on record at 33.7% in April 2020, as households squirreled away extra government aid. Unleashing that cash may sustain economic growth this year.\nStill, the bond market has been signaling potential trouble ahead for the U.S. economy, in terms of the Federal Reserve reaching its 2% inflation target over the longer run, with the 10-year Treasury yield at1.434% Friday, its lowest since March 2.\n\"That is spurring some desire to have growth stocks,\" said Robert Pavlik, senior portfolio manager, Dakota Wealth Management, of the thinking that Fed support could be harder to dial back if the economy struggles to grow.\nThe S&P 500 ended the week up 1.7%, and 15.9% higher on the year thus far, while its growth segment rose1.6% and 14.3%, respectively. The Dow swept to a 1%weekly gain, advancing 13.7% since Jan. 1, and the Nasdaq Composite powered 1.9%higher for the week and 13.6% on the year.\nBack on Earth\nDaily life in the U.S. already has returned 80% \"back to normal\" according to this chart from Columbia Threadneedle, which measures things that include domestic travel, the return to offices and schools, as well as bricks-and-mortar shopping and dining out.\n\nFriday's strong jobs report also pointed to continued healing in the U.S. labor market in June , but at a pace that may require more than a year for employment to return to pre-COVID levels.\n\"What the Fed cleverly did is shift the onus to the jobs market way from inflation,\" said George Goncalves, head of U.S. macro strategy at MUFG Securities Americas, referring to when the central bank might tweak its easy-money policies.\n\"If we are doing a hand off, getting back to normal business active, not just depending on stimulus, then companies have to hire and put more people back to work,\" he told MarketWatch. \"It is super critical.\"\nThis week will be a short week though, with the U.S. July 4 holiday and markets closed Monday. But there will be updates on service sector activity in June on Tuesday from both IHS Markit and ISM, followed by May job openings data and minutes from the Fed's latest Federal Open Market Committee on Wednesday.\n\"We are eyes wide open,\" said Caputo at J O Hambro, adding that European markets could still push higher, given that the region remains in an earlier stage of recovery than the U.S. and with its approval last week of sweeping a climate law , dubbed the European Green Deal.\n\"The crisis brought Europe together.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175214401,"gmtCreate":1627034264803,"gmtModify":1703482887811,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"Now, tech giant & education sector under spotlight from China government, which sector is nextā¦? [Thinking] [Thinking] ","listText":"Now, tech giant & education sector under spotlight from China government, which sector is nextā¦? [Thinking] [Thinking] ","text":"Now, tech giant & education sector under spotlight from China government, which sector is nextā¦? [Thinking] [Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/175214401","repostId":"2153600177","repostType":2,"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141751162,"gmtCreate":1625893843656,"gmtModify":1703750629182,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"[Thinking] ","listText":"[Thinking] ","text":"[Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141751162","repostId":"1177397700","repostType":4,"repost":{"id":"1177397700","pubTimestamp":1625876446,"share":"https://ttm.financial/m/news/1177397700?lang=&edition=fundamental","pubTime":"2021-07-10 08:20","market":"us","language":"en","title":"Which Company Can Reach $1 Trillion After Facebook? Hereās Our Guess.","url":"https://stock-news.laohu8.com/highlight/detail?id=1177397700","media":"Barrons","summary":"Late last month, Facebook notched what could be its most notable achievement yet: Its market value hit $1 trillion. Just five U.S.-listed companies have reached the $1 trillion markāor 0.08% of the total number of stocks currently traded on the New York Stock Exchange and Nasdaq. Thatās roughly the odds of a high school basketball player making the National Basketball Association. Itās an elite club.Now that Facebook has earned accessāits market cap was down slightly by the end of the week, to ","content":"<p>Late last month, Facebook notched what could be its most notable achievement yet: Its market value hit $1 trillion. Just five U.S.-listed companies have reached the $1 trillion markāor 0.08% of the total number of stocks currently traded on the New York Stock Exchange and Nasdaq. Thatās roughly the odds of a high school basketball player making the National Basketball Association. Itās an elite club.</p>\n<p>Now that Facebook (ticker: FB) has earned accessāits market cap was down slightly by the end of the week, to $980 billionāwe might be waiting a while for the next entrant. Thatās partly because the federal government wants to rein in big business, but also because the current trillion-dollar members have a natural incentive to keep the club small.</p>\n<p>Thereās a big drop-off to the next candidate for membershipācall it the Trillion-Dollar Cliff. Among U.S.-listed companies,Tesla(TSLA) is next up, with a market value of $629 billion, followed by Berkshire Hathaway(BRK.A),Alibaba Group Holding(BABA),Taiwan Semiconductor Manufacturing(TSM), and Visa(V).</p>\n<p>Weāve covered all of those stocks closely at Barronās, and Iāve spent the past few weeks talking to colleagues about which company might be next. Iāve also queried sources and polled readers of our daily Review & Preview newsletter.</p>\n<p>A few names get repeated mentions: Tesla,Nvidia(NVDA), Visa, and JPMorgan Chase(JPM), each of which are worth at least $400 billion.Shopify(SHOP) got a less obvious mention. The company is way down the market-value rank at $182 billion. It has become something of the anti-Amazon,providing bricks-and-mortar vendors and other businesses with easy e-commerce tools. While Amazon.com(AMZN) seeks to fend off regulation and a potential breakup, Shopify can keep its head down and continue to recruit new business.</p>\n<p>Iāll place my bets on Visa getting to $1 trillion next, even if it takes a while. The company is closely tied to the economic recovery, since it gets a cut of transactions that run through its global electronic-payments network.</p>\n<p>The business, which is part tech and part financial services, has a long tailwind as cash usage declines around the world. Visa shares have returned an annualized 28% over the past decade. If that pattern holds, Visa would reach $1 trillion by 2024.</p>\n<p>While the next trillion-dollar stock is clearly a guessing game, one thing is clear: Large numbers have been no impediment to future gains.Apple(AAPL) has returned an annualized 44% since it became the first U.S.-listed company to reach a $1 trillion value in August 2018. The stock closed at a record this past week, giving it a market value of $2.4 trillion.</p>\n<p><img src=\"https://static.tigerbbs.com/ed700f7a7812c0bf7b9b205ad99c33e7\" tg-width=\"872\" tg-height=\"769\" referrerpolicy=\"no-referrer\"></p>\n<p>I asked Denise Chisholm, Fidelityās sector strategist, if the so-called law of large numbers would ever kick in. āSize is not particularly predictive one way or the other,ā she says. āThe S&P information technology, as a percent of overall S&P, is now in excess of 20%. Does that have any meaning on whether or not that group or that sector can outperform in the future? The answer really is no.ā</p>\n<p>Right now, the trillion-dollar members have momentum on their side. āA ball in motion tends to stay in motion,ā she says.</p>\n<p>Techās secret sauce has been continuously expanding profit margins, with valuations that are essentially in line with their historic norms. Operating margins for the S&P 500ās information technology sector have doubled in the past 15 years, to a recent 21%, according to Yardeni Research, while overall S&P 500 margins have been static at 10% or so (excluding a collapse during the financial crisis).</p>\n<p>Techās magicāand those trillion-dollar club passesāare now hitting up against the increased likelihood of regulation. āThe sheer fact of the headline of the trillion-dollar club is going to bring even more regulation,ā says Jim Paulsen, chief investment officer of The Leuthold Group.</p>\n<p>On Friday, the Biden administration signed an executive order that calls for a āwhole-of-government effort to promote competition in the American economy.ā The order, which consists of 72 initiatives, is simultaneously broad and narrow. It pushes against consolidation while also addressing consumer pain points, like early-termination fees for broadband services, hard-to-fix consumer devices, and airline baggage fees.</p>\n<p>By now, the Biden administration recognizes that tech regulation isnāt a slam dunk with the public. Despite unease around data and privacy practices, less than half of U.S. adults are in favor of more tech regulation, according to a 2020 Pew Research poll.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/963cb5c585db8df9615cd98e0bbd4bbc\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"><span>A room at the F8 Developers Conference in San Jose, Calif.</span></p>\n<p>Privacy regulation is politically complicated, especially if it means reining in the advertising that enables free services like social media, internet search, and email. But there isnāt much controversial about limiting broadband charges or making it easier to fix a smartphone battery. The White House seems to be attacking companies where it hurtsātheir mixed record of customer service.</p>\n<p>For now, investors continue to generally overlook regulation. All five members of the trillion-dollar club were either higher or flat on Friday in the wake of Bidenās executive order.</p>\n<p>Itās time to take regulation more seriously, says Ed Yardeni, president of Yardeni Research. āA trillion here, a trillion there attracts a lot of attention from politicians.ā</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>Which Company Can Reach $1 Trillion After Facebook? Hereās Our Guess.</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\">\nWhich Company Can Reach $1 Trillion After Facebook? Hereās Our Guess.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-10 08:20 GMT+8 <a href=https://www.barrons.com/articles/which-company-can-reach-1-trillion-after-facebook-heres-our-guess-51625875587?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Late last month, Facebook notched what could be its most notable achievement yet: Its market value hit $1 trillion. Just five U.S.-listed companies have reached the $1 trillion markāor 0.08% of the ...</p>\n\n<a href=\"https://www.barrons.com/articles/which-company-can-reach-1-trillion-after-facebook-heres-our-guess-51625875587?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"ę©ę ¹å¤§é","BABA":"éæéå·“å·“","GOOGL":"č°·ęA","NVDA":"č±ä¼č¾¾","TSLA":"ē¹ęÆę","AMZN":"äŗ马é","UNH":"čåå„åŗ·","AAPL":"č¹ę","TSM":"å°ē§Æēµ","WMT":"ę²å°ē","V":"Visa","BRK.A":"ä¼Æå åøå°"},"source_url":"https://www.barrons.com/articles/which-company-can-reach-1-trillion-after-facebook-heres-our-guess-51625875587?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177397700","content_text":"Late last month, Facebook notched what could be its most notable achievement yet: Its market value hit $1 trillion. Just five U.S.-listed companies have reached the $1 trillion markāor 0.08% of the total number of stocks currently traded on the New York Stock Exchange and Nasdaq. Thatās roughly the odds of a high school basketball player making the National Basketball Association. Itās an elite club.\nNow that Facebook (ticker: FB) has earned accessāits market cap was down slightly by the end of the week, to $980 billionāwe might be waiting a while for the next entrant. Thatās partly because the federal government wants to rein in big business, but also because the current trillion-dollar members have a natural incentive to keep the club small.\nThereās a big drop-off to the next candidate for membershipācall it the Trillion-Dollar Cliff. Among U.S.-listed companies,Tesla(TSLA) is next up, with a market value of $629 billion, followed byĀ Berkshire Hathaway(BRK.A),Alibaba Group Holding(BABA),Taiwan Semiconductor Manufacturing(TSM), andĀ Visa(V).\nWeāve covered all of those stocks closely atĀ Barronās, and Iāve spent the past few weeks talking to colleagues about which company might be next. Iāve also queried sources and polled readers of our daily Review & Preview newsletter.\nA few names get repeated mentions: Tesla,Nvidia(NVDA), Visa, andĀ JPMorgan Chase(JPM), each of which are worth at least $400 billion.Shopify(SHOP) got a less obvious mention. The company is way down the market-value rank at $182 billion. It has become something of the anti-Amazon,providing bricks-and-mortar vendors and other businesses with easy e-commerce tools. WhileĀ Amazon.com(AMZN) seeks to fend off regulation and a potential breakup, Shopify can keep its head down and continue to recruit new business.\nIāll place my bets on Visa getting to $1 trillion next, even if it takes a while. The company is closely tied to the economic recovery, since it gets a cut of transactions that run through its global electronic-payments network.\nThe business, which is part tech and part financial services, has a long tailwind as cash usage declines around the world. Visa shares have returned an annualized 28% over the past decade. If that pattern holds, Visa would reach $1 trillion by 2024.\nWhile the next trillion-dollar stock is clearly a guessing game, one thing is clear: Large numbers have been no impediment to future gains.Apple(AAPL) has returned an annualized 44% since it became the first U.S.-listed company to reach a $1 trillion value in August 2018. The stock closed at a record this past week, giving it a market value of $2.4 trillion.\n\nI asked Denise Chisholm, Fidelityās sector strategist, if the so-called law of large numbers would ever kick in. āSize is not particularly predictive one way or the other,ā she says. āThe S&P information technology, as a percent of overall S&P, is now in excess of 20%. Does that have any meaning on whether or not that group or that sector can outperform in the future? The answer really is no.ā\nRight now, the trillion-dollar members have momentum on their side. āA ball in motion tends to stay in motion,ā she says.\nTechās secret sauce has been continuously expanding profit margins, with valuations that are essentially in line with their historic norms. Operating margins for the S&P 500ās information technology sector have doubled in the past 15 years, to a recent 21%, according to Yardeni Research, while overall S&P 500 margins have been static at 10% or so (excluding a collapse during the financial crisis).\nTechās magicāand those trillion-dollar club passesāare now hitting up against the increased likelihood of regulation. āThe sheer fact of the headline of the trillion-dollar club is going to bring even more regulation,ā says Jim Paulsen, chief investment officer of The Leuthold Group.\nOn Friday, the Biden administration signed an executive order that calls for a āwhole-of-government effort to promote competition in the American economy.ā The order, which consists of 72 initiatives, is simultaneously broad and narrow. It pushes against consolidation while also addressing consumer pain points, like early-termination fees for broadband services, hard-to-fix consumer devices, and airline baggage fees.\nBy now, the Biden administration recognizes that tech regulation isnāt a slam dunk with the public. Despite unease around data and privacy practices, less than half of U.S. adults are in favor of more tech regulation, according to a 2020 Pew Research poll.\nA room at the F8 Developers Conference in San Jose, Calif.\nPrivacy regulation is politically complicated, especially if it means reining in the advertising that enables free services like social media, internet search, and email. But there isnāt much controversial about limiting broadband charges or making it easier to fix a smartphone battery. The White House seems to be attacking companies where it hurtsātheir mixed record of customer service.\nFor now, investors continue to generally overlook regulation. All five members of the trillion-dollar club were either higher or flat on Friday in the wake of Bidenās executive order.\nItās time to take regulation more seriously, says Ed Yardeni, president of Yardeni Research. āA trillion here, a trillion there attracts a lot of attention from politicians.ā","news_type":1},"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155501123,"gmtCreate":1625443353262,"gmtModify":1703741670607,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"[Speechless] ","listText":"[Speechless] ","text":"[Speechless]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155501123","repostId":"1169840279","repostType":4,"isVote":1,"tweetType":1,"viewCount":12,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158306222,"gmtCreate":1625127385966,"gmtModify":1703736667313,"author":{"id":"3586051882965466","authorId":"3586051882965466","name":"BurningSun","avatar":"https://static.tigerbbs.com/358b6a160727cb5e814434bf2f2265f9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586051882965466","authorIdStr":"3586051882965466"},"themes":[],"htmlText":"[Thinking] ","listText":"[Thinking] ","text":"[Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158306222","repostId":"2148849816","repostType":4,"repost":{"id":"2148849816","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625126879,"share":"https://ttm.financial/m/news/2148849816?lang=&edition=fundamental","pubTime":"2021-07-01 16:07","market":"us","language":"en","title":"China's Didi to be added to FTSE's equity indexes on July 8","url":"https://stock-news.laohu8.com/highlight/detail?id=2148849816","media":"Tiger Newspress","summary":"DidiĀ sharesĀ surgedĀ 6%Ā in premarket tradingĀ onĀ being added to FTSE's equity indexes on July 8.\n\nDidi ","content":"<p>Didi shares surged 6% in premarket trading on being added to FTSE's equity indexes on July 8.</p>\n<p><img src=\"https://static.tigerbbs.com/12d5f8e9fe3db529c401011e409d44e9\" tg-width=\"1302\" tg-height=\"663\"></p>\n<p>Didi Global Inc will be added to FTSE Russell's global equity indexes on July 8 in an expedited entry following Wednesday's U.S. stock market debut of the Chinese ride-hailing company, the index publisher said.</p>\n<p>Didi shares will be included in the FTSE All-World Index, the FTSE Global Large Cap Index, and the FTSE Emerging Index, FTSE Russell said in a statement on its website.</p>\n<p>The announcement came as Didi, backed by Japan's SoftBank Group Corp, rose slightly on its U.S. debut, valuing it at $68.49 billion, in the biggest U.S. listing by a Chinese company since 2014.</p>\n<p>Didi is also backed by technology companies Alibaba, Tencent and Uber.</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>China's Didi to be added to FTSE's equity indexes on July 8</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\">\nChina's Didi to be added to FTSE's equity indexes on July 8\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-01 16:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Didi shares surged 6% in premarket trading on being added to FTSE's equity indexes on July 8.</p>\n<p><img src=\"https://static.tigerbbs.com/12d5f8e9fe3db529c401011e409d44e9\" tg-width=\"1302\" tg-height=\"663\"></p>\n<p>Didi Global Inc will be added to FTSE Russell's global equity indexes on July 8 in an expedited entry following Wednesday's U.S. stock market debut of the Chinese ride-hailing company, the index publisher said.</p>\n<p>Didi shares will be included in the FTSE All-World Index, the FTSE Global Large Cap Index, and the FTSE Emerging Index, FTSE Russell said in a statement on its website.</p>\n<p>The announcement came as Didi, backed by Japan's SoftBank Group Corp, rose slightly on its U.S. debut, valuing it at $68.49 billion, in the biggest U.S. listing by a Chinese company since 2014.</p>\n<p>Didi is also backed by technology companies Alibaba, Tencent and Uber.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDI":"껓껓(å·²éåø)"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148849816","content_text":"DidiĀ sharesĀ surgedĀ 6%Ā in premarket tradingĀ onĀ being added to FTSE's equity indexes on July 8.\n\nDidi Global Inc will be added to FTSE Russell's global equity indexes on July 8 in an expedited entry following Wednesday's U.S. stock market debut of the Chinese ride-hailing company, the index publisher said.\nDidi shares will be included in the FTSE All-World Index, the FTSE Global Large Cap Index, and the FTSE Emerging Index, FTSE Russell said in a statement on its website.\nThe announcement came as Didi, backed by Japan's SoftBank Group Corp, rose slightly on its U.S. debut, valuing it at $68.49 billion, in the biggest U.S. listing by a Chinese company since 2014.\nDidi is also backed by technology companies Alibaba, Tencent and Uber.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}