Laypheng personal page - To The Moon

Laypheng

No personal profile

14Follow

0Followers

0Topic

0Badge

2021-06-21

Wa

Nike, FedEx, Johnson & Johnson, Darden, and Other Stocks for Investors to Watch This Week

2021-06-21

Best

Toplines Before US Market Open on Monday

2021-06-21

Gg

PPT Assemble: Biden Summons Powell, Yellen, Gensler After Market Rout

2021-06-16

Wow

‘Deeply Disturbing’ Toshiba Report Points to Powerful Figures

2021-06-22

Like ty

Toplines Before US Market Open on Tuesday

2021-06-21

Good stuff

Could Airbnb's $90 Billion Market Cap Actually Be a Bargain?

2021-06-17

Like

Raw Material Shortage Holding Up Novavax's COVID-19 Shot Manufacturing, Says Serum Institute

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":3586844613112311,"uuid":"3586844613112311","gmtCreate":1623767841701,"gmtModify":1623767841701,"name":"Laypheng","pinyin":"laypheng","introduction":"","introductionEn":"","signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":14,"tweetSize":7,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.12","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":2,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":129111828,"gmtCreate":1624364692864,"gmtModify":1703834433172,"author":{"id":"3586844613112311","authorId":"3586844613112311","authorIdStr":"3586844613112311","name":"Laypheng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586844613112311"},"themes":[],"htmlText":"Like ty","listText":"Like ty","text":"Like ty","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129111828","repostId":"1110726798","repostType":4,"repost":{"id":"1110726798","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":1624362092,"share":"https://ttm.financial/m/news/1110726798?lang=&edition=fundamental","pubTime":"2021-06-22 19:41","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1110726798","media":"Tiger Newspress","summary":"Stock futures rise to extend earlier gains.\nTorchlight Energy Price Gains Premarket.\nGameStop Jumps ","content":"<ul>\n <li>Stock futures rise to extend earlier gains.</li>\n <li>Torchlight Energy Price Gains Premarket.</li>\n <li>GameStop Jumps After Raising More Than $1 Billion in New Shares.</li>\n <li>GameStop, MicroVision, Sanderson Farms &amp; more made the biggest moves in the premarket.</li>\n</ul>\n<p>(June 22)&nbsp;Stock futures rose Tuesday morning to build on gains from a day earlier, with equities recovering from concerns over the path forward for monetary policy last week.</p>\n<p>At 7:47&nbsp;a.m. ET, Dow e-minis were up 23 points, or 0.07%, S&amp;P 500 e-minis were up 5.75 points, or 0.14%, and Nasdaq 100 e-minis were up 39.25 points, or 0.28%.</p>\n<p><img src=\"https://static.tigerbbs.com/127a76b6bde89676371162b1b268b550\" tg-width=\"1242\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: GameStop, MicroVision, Sanderson Farms &amp; more</b></p>\n<p><b>1)&nbsp;GameStop(GME)</b> – The videogame retailer's stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion.</p>\n<p><b>2)&nbsp;MicroVision(MVIS)</b> – MicroVision shares slid 10.8% in the premarket after the laser technology company said it would sell up to $140 million of stock \"from time to time\" and use the funds for general corporate purposes.</p>\n<p><b>3)&nbsp;Sanderson Farms(SAFM) </b>– Sanderson Farms is exploring a possible sale, according to people familiar with the matter who spoke to The Wall Street Journal. The paper said the poultry producer has already drawn interest from suitors such as agricultural investment firm Continental Grain. The stock surged 10% in premarket action.</p>\n<p><b>4)&nbsp;Torchlight Energy Resources(TRCH)</b> – Torchlight shares gained another 4.9% in premarket trading after a 58% surge in Monday's trading. The oil and gas producer is among the stocks getting increased social media attention on sites like Reddit and Stocktwits.</p>\n<p><b>5)&nbsp;Alphabet(GOOGL) </b>– The European Unionhas opened a formal antitrust probeof Google's digital ad practices. Part of the investigation will cover some of the same areas involved in a case filed by several U.S. states against the Alphabet operation last year.</p>\n<p><b>6)&nbsp;Korn Ferry(KFY)</b> – The consulting firm reported quarterly earnings of $1.21 per share, beating the consensus estimate of 98 cents a share. Revenue topped Wall Street forecasts as well, boosted by its services that help businesses with organizational issues.</p>\n<p><b>7)&nbsp;Plug Power(PLUG)</b> – The alternative energy provider lost 12 cents per share for its latest quarter, wider than the 8 cents a share loss analysts were expecting. Revenue also came in below estimates. The company said it was hurt by short-term issues – such as hydrogen shortages and the Texas freeze – which are abating in the current quarter. Plug Power shares gained 1.4% in premarket trading.</p>\n<p><b>8)&nbsp;Boeing(BA)</b> – Boeing announced the departure of lobbyist and political strategist Tim Keating. No reason was given for Keating’s departure, though the company said a search is underway for a permanent replacement. Keating was a key figure helping Boeing navigate the crisis that followed two fatal crashes of the company’s 737 Max jet.</p>\n<p><b>9)&nbsp;Delta Air Lines(DAL) </b>– Delta plans to hire 1,000 more pilots by next summer, according to an internal company memo. The move comes amid a rebound in travel, with Delta saying the leisure travel is already back to pre-pandemic levels and business travel is picking up as well.</p>\n<p><b>10)&nbsp;Lordstown Motors(RIDE)</b> – Lordstown remains on watch today following a 5.5% Monday drop. The electric vehicle maker’s executive chairman Angela Strand said the company is “evaluating strategic partners” as part of its search for new funding.</p>\n<p><b>11)&nbsp;Exxon Mobil(XOM) </b>– Exxon Mobil is denying a Bloomberg report that it plans to cut 5% to 10% of its office workforce annually over the next three to five years. Exxon told CNBC it is merely going through its annual employee assessments, which are unrelated to workforce reductions.</p>\n<p><b>12)&nbsp;CrowdStrike(CRWD) </b>– CrowdStrike was upgraded to “buy” from “hold” at Stifel Financial, which points to the cybersecurity company’s potential to increase profit margins and its ability to acquire new customers. CrowdStrike gained 2.8% in the premarket.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-22 19:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Stock futures rise to extend earlier gains.</li>\n <li>Torchlight Energy Price Gains Premarket.</li>\n <li>GameStop Jumps After Raising More Than $1 Billion in New Shares.</li>\n <li>GameStop, MicroVision, Sanderson Farms &amp; more made the biggest moves in the premarket.</li>\n</ul>\n<p>(June 22)&nbsp;Stock futures rose Tuesday morning to build on gains from a day earlier, with equities recovering from concerns over the path forward for monetary policy last week.</p>\n<p>At 7:47&nbsp;a.m. ET, Dow e-minis were up 23 points, or 0.07%, S&amp;P 500 e-minis were up 5.75 points, or 0.14%, and Nasdaq 100 e-minis were up 39.25 points, or 0.28%.</p>\n<p><img src=\"https://static.tigerbbs.com/127a76b6bde89676371162b1b268b550\" tg-width=\"1242\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: GameStop, MicroVision, Sanderson Farms &amp; more</b></p>\n<p><b>1)&nbsp;GameStop(GME)</b> – The videogame retailer's stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion.</p>\n<p><b>2)&nbsp;MicroVision(MVIS)</b> – MicroVision shares slid 10.8% in the premarket after the laser technology company said it would sell up to $140 million of stock \"from time to time\" and use the funds for general corporate purposes.</p>\n<p><b>3)&nbsp;Sanderson Farms(SAFM) </b>– Sanderson Farms is exploring a possible sale, according to people familiar with the matter who spoke to The Wall Street Journal. The paper said the poultry producer has already drawn interest from suitors such as agricultural investment firm Continental Grain. The stock surged 10% in premarket action.</p>\n<p><b>4)&nbsp;Torchlight Energy Resources(TRCH)</b> – Torchlight shares gained another 4.9% in premarket trading after a 58% surge in Monday's trading. The oil and gas producer is among the stocks getting increased social media attention on sites like Reddit and Stocktwits.</p>\n<p><b>5)&nbsp;Alphabet(GOOGL) </b>– The European Unionhas opened a formal antitrust probeof Google's digital ad practices. Part of the investigation will cover some of the same areas involved in a case filed by several U.S. states against the Alphabet operation last year.</p>\n<p><b>6)&nbsp;Korn Ferry(KFY)</b> – The consulting firm reported quarterly earnings of $1.21 per share, beating the consensus estimate of 98 cents a share. Revenue topped Wall Street forecasts as well, boosted by its services that help businesses with organizational issues.</p>\n<p><b>7)&nbsp;Plug Power(PLUG)</b> – The alternative energy provider lost 12 cents per share for its latest quarter, wider than the 8 cents a share loss analysts were expecting. Revenue also came in below estimates. The company said it was hurt by short-term issues – such as hydrogen shortages and the Texas freeze – which are abating in the current quarter. Plug Power shares gained 1.4% in premarket trading.</p>\n<p><b>8)&nbsp;Boeing(BA)</b> – Boeing announced the departure of lobbyist and political strategist Tim Keating. No reason was given for Keating’s departure, though the company said a search is underway for a permanent replacement. Keating was a key figure helping Boeing navigate the crisis that followed two fatal crashes of the company’s 737 Max jet.</p>\n<p><b>9)&nbsp;Delta Air Lines(DAL) </b>– Delta plans to hire 1,000 more pilots by next summer, according to an internal company memo. The move comes amid a rebound in travel, with Delta saying the leisure travel is already back to pre-pandemic levels and business travel is picking up as well.</p>\n<p><b>10)&nbsp;Lordstown Motors(RIDE)</b> – Lordstown remains on watch today following a 5.5% Monday drop. The electric vehicle maker’s executive chairman Angela Strand said the company is “evaluating strategic partners” as part of its search for new funding.</p>\n<p><b>11)&nbsp;Exxon Mobil(XOM) </b>– Exxon Mobil is denying a Bloomberg report that it plans to cut 5% to 10% of its office workforce annually over the next three to five years. Exxon told CNBC it is merely going through its annual employee assessments, which are unrelated to workforce reductions.</p>\n<p><b>12)&nbsp;CrowdStrike(CRWD) </b>– CrowdStrike was upgraded to “buy” from “hold” at Stifel Financial, which points to the cybersecurity company’s potential to increase profit margins and its ability to acquire new customers. CrowdStrike gained 2.8% in the premarket.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110726798","content_text":"Stock futures rise to extend earlier gains.\nTorchlight Energy Price Gains Premarket.\nGameStop Jumps After Raising More Than $1 Billion in New Shares.\nGameStop, MicroVision, Sanderson Farms & more made the biggest moves in the premarket.\n\n(June 22) Stock futures rose Tuesday morning to build on gains from a day earlier, with equities recovering from concerns over the path forward for monetary policy last week.\nAt 7:47 a.m. ET, Dow e-minis were up 23 points, or 0.07%, S&P 500 e-minis were up 5.75 points, or 0.14%, and Nasdaq 100 e-minis were up 39.25 points, or 0.28%.\n\nStocks making the biggest moves in the premarket: GameStop, MicroVision, Sanderson Farms & more\n1) GameStop(GME) – The videogame retailer's stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion.\n2) MicroVision(MVIS) – MicroVision shares slid 10.8% in the premarket after the laser technology company said it would sell up to $140 million of stock \"from time to time\" and use the funds for general corporate purposes.\n3) Sanderson Farms(SAFM) – Sanderson Farms is exploring a possible sale, according to people familiar with the matter who spoke to The Wall Street Journal. The paper said the poultry producer has already drawn interest from suitors such as agricultural investment firm Continental Grain. The stock surged 10% in premarket action.\n4) Torchlight Energy Resources(TRCH) – Torchlight shares gained another 4.9% in premarket trading after a 58% surge in Monday's trading. The oil and gas producer is among the stocks getting increased social media attention on sites like Reddit and Stocktwits.\n5) Alphabet(GOOGL) – The European Unionhas opened a formal antitrust probeof Google's digital ad practices. Part of the investigation will cover some of the same areas involved in a case filed by several U.S. states against the Alphabet operation last year.\n6) Korn Ferry(KFY) – The consulting firm reported quarterly earnings of $1.21 per share, beating the consensus estimate of 98 cents a share. Revenue topped Wall Street forecasts as well, boosted by its services that help businesses with organizational issues.\n7) Plug Power(PLUG) – The alternative energy provider lost 12 cents per share for its latest quarter, wider than the 8 cents a share loss analysts were expecting. Revenue also came in below estimates. The company said it was hurt by short-term issues – such as hydrogen shortages and the Texas freeze – which are abating in the current quarter. Plug Power shares gained 1.4% in premarket trading.\n8) Boeing(BA) – Boeing announced the departure of lobbyist and political strategist Tim Keating. No reason was given for Keating’s departure, though the company said a search is underway for a permanent replacement. Keating was a key figure helping Boeing navigate the crisis that followed two fatal crashes of the company’s 737 Max jet.\n9) Delta Air Lines(DAL) – Delta plans to hire 1,000 more pilots by next summer, according to an internal company memo. The move comes amid a rebound in travel, with Delta saying the leisure travel is already back to pre-pandemic levels and business travel is picking up as well.\n10) Lordstown Motors(RIDE) – Lordstown remains on watch today following a 5.5% Monday drop. The electric vehicle maker’s executive chairman Angela Strand said the company is “evaluating strategic partners” as part of its search for new funding.\n11) Exxon Mobil(XOM) – Exxon Mobil is denying a Bloomberg report that it plans to cut 5% to 10% of its office workforce annually over the next three to five years. Exxon told CNBC it is merely going through its annual employee assessments, which are unrelated to workforce reductions.\n12) CrowdStrike(CRWD) – CrowdStrike was upgraded to “buy” from “hold” at Stifel Financial, which points to the cybersecurity company’s potential to increase profit margins and its ability to acquire new customers. CrowdStrike gained 2.8% in the premarket.","news_type":1},"isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167437572,"gmtCreate":1624281652096,"gmtModify":1703832319259,"author":{"id":"3586844613112311","authorId":"3586844613112311","authorIdStr":"3586844613112311","name":"Laypheng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586844613112311"},"themes":[],"htmlText":"Good stuff","listText":"Good stuff","text":"Good stuff","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167437572","repostId":"2145084514","repostType":4,"repost":{"id":"2145084514","pubTimestamp":1624280700,"share":"https://ttm.financial/m/news/2145084514?lang=&edition=fundamental","pubTime":"2021-06-21 21:05","market":"us","language":"en","title":"Could Airbnb's $90 Billion Market Cap Actually Be a Bargain?","url":"https://stock-news.laohu8.com/highlight/detail?id=2145084514","media":"Motley Fool","summary":"Airbnb isn't a cheap stock, but that doesn't mean it isn't a good value.","content":"<p>With a market cap of about $90 billion, <b>Airbnb</b> (NASDAQ:ABNB) is trading for a higher valuation than <b>Marriott International</b>&nbsp;and <b>Hilton Worldwide Holdings</b>&nbsp;<i>combined</i>. However, in this&nbsp;<i>Fool Live</i> video clip, <b>recorded on June 10</b>, Fool.com contributors Matt Frankel, CFP, and Brian Withers explain why that doesn't necessarily mean the stock is expensive.</p>\n<p><b>Brian Withers:</b> There's really two sides to it. The travelers can find places to stay and hosts, they call them hosts, can earn money by renting out their home or part of their home to host travelers. This has actually turned out to be a pretty massive business. Airbnb has recently gone through a massive upgrade to make it easier. Obviously, the more hosts and the more properties on the platform, the more travelers they're going to attract. Recently, Airbnb went through a massive upgrade and upgraded 100 different features across their platform, making it easier for hosts, making it easier for guests to really connect up. This is just some of the new screens that show you how easy you can do this stuff from your mobile phone. How easy it is to become a host and start renting out your property. Airbnb provides a service to hosts and a platform for them to essentially run a business by being a bed and breakfast or just renting out rooms or whatever. You can see all of these different features. They provide the hosts from community support payments, scheduling, reviews, and certainly some host protections as far as protecting from poor renters. Looking at the key metrics, they were really great up through last year. Nights and experienced booked, you can see 74% growth, 48%, 35%. Then last year, a minus 41%. Same thing with gross booking value up to $38 billion in gross bookings through 2019 and a massive minus 37% revenue. Similar trend minus 30% last year. Then I always like to look at revenue as a percentage of gross booking value. Basically, what that says is what hosts are paying to use the platform. It's around 12% and it's bumped up a little bit, a little shorter, 13% here and 14% for 2020. Don't know if that's an anomaly, but that's a pretty decent cut for Airbnb, as well as it's not a huge outlay for a host to pay to get global exposure.</p>\n<p>Let me tell you about what I love about Airbnb, the metric, it aligns with its customers. It gets revenue when places are rented. Thirty percent of their revenue goes to technology and research and development. I think they have a potential to expand the market, so not just hotel. They're not just taking share from hotel rooms, but I think they're providing people an easier and more welcoming place to stay potentially. If you have small kids and pets, potentially, traveling is just a nightmare. Getting your own home with your own kitchen and separate bedrooms is really a much better experience than potentially being in a hotel room. Things I don't, it's got massive marketing expense that it's a $90 billion market cap company already, it just IPO'd this year and it was up above $100 billion even. Then the growth post-coronavirus is uncertain. Matt, you and I chatted a little before for the show. The thing that's held me back from pulling the trigger on the stock is this $90 billion market cap. What do you think about that?</p>\n<p><b>Matt Frankel:</b> Yeah. Hopefully you guys can hear me better now, I made a switch. But the more I look into it the more that valuation stops bothering me. The reason being is that, that 22 price-to-sales ratio you just mentioned, that's based on COVID numbers. It's trading at 22 times what it did during the pandemic year. Take that with a big grain of salt. The travel market, Airbnb's market is not just booking rooms. It also has a lot to do with booking -- they're expanding into experiences, they're expanding into adding events you can book along with your vacation rental. The marketing expense will get better over time. Think of a company like <b>Amazon</b>, which Airbnb has the potential to be in the travel space. Amazon doesn't have to get the word out anymore, if you want to buy something you just go to Amazon. Airbnb is not quite at that point yet. They do have a lot of marketing cost while they're still in rapid growth mode. The travel industry is worth $3.4 trillion of annual revenue worldwide. That's their addressable market. They're not going to get that. But even if they got 2% of the global travel market, that'd be a pretty big number. Many times there are current gross bookings. The more I look into it, the less that high valuation bothers me. I'm not quite ready to pull the trigger, but it's definitely more interesting to me than now that I really dig into it.</p>\n<p><b>Withers:</b> I really like the recent upgrade it's made. It shows that it's committed to its host and really making an easy-to-use platform. I think that's going to attract more hosts, it attracts more travelers, which attracts more hosts and allows them to develop the platform more or so. Similar to <b>Shopify</b>, I think it's got a really great business model that it's working. I think as more people get out and travel and look to Airbnb as a different way to travel, I think it's just going to become even more popular.</p>\n<p><b>Frankel:</b> Yeah. <b>Etsy</b>&nbsp;is another good example of a site that's really got like the same network effect going. They're owning the handmade goods market, but they didn't a few years ago. Their marketing cost was really high and they are able to now spend their marketing dollars on different things, like improving the customer experience, so people shop on the platform more. I can see Airbnb is high marketing costs overtime, really transitioned from getting people to their platform to increasing their revenue opportunity on their current customers. I'm interested in Airbnb right now. Three months ago, I never would've thought of a \"hotel stock\" at $90 billion valuation. That's several times like Marriott's worth. I would never have thought I would be considering that, but the more I dig into it, the more I think this really is an opportunity.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Could Airbnb's $90 Billion Market Cap Actually Be a Bargain?</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\">\nCould Airbnb's $90 Billion Market Cap Actually Be a Bargain?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 21:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/21/could-airbnbs-90-billion-market-cap-actually-be-a/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With a market cap of about $90 billion, Airbnb (NASDAQ:ABNB) is trading for a higher valuation than Marriott International and Hilton Worldwide Holdings combined. However, in this Fool Live video clip...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/21/could-airbnbs-90-billion-market-cap-actually-be-a/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎"},"source_url":"https://www.fool.com/investing/2021/06/21/could-airbnbs-90-billion-market-cap-actually-be-a/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145084514","content_text":"With a market cap of about $90 billion, Airbnb (NASDAQ:ABNB) is trading for a higher valuation than Marriott International and Hilton Worldwide Holdings combined. However, in this Fool Live video clip, recorded on June 10, Fool.com contributors Matt Frankel, CFP, and Brian Withers explain why that doesn't necessarily mean the stock is expensive.\nBrian Withers: There's really two sides to it. The travelers can find places to stay and hosts, they call them hosts, can earn money by renting out their home or part of their home to host travelers. This has actually turned out to be a pretty massive business. Airbnb has recently gone through a massive upgrade to make it easier. Obviously, the more hosts and the more properties on the platform, the more travelers they're going to attract. Recently, Airbnb went through a massive upgrade and upgraded 100 different features across their platform, making it easier for hosts, making it easier for guests to really connect up. This is just some of the new screens that show you how easy you can do this stuff from your mobile phone. How easy it is to become a host and start renting out your property. Airbnb provides a service to hosts and a platform for them to essentially run a business by being a bed and breakfast or just renting out rooms or whatever. You can see all of these different features. They provide the hosts from community support payments, scheduling, reviews, and certainly some host protections as far as protecting from poor renters. Looking at the key metrics, they were really great up through last year. Nights and experienced booked, you can see 74% growth, 48%, 35%. Then last year, a minus 41%. Same thing with gross booking value up to $38 billion in gross bookings through 2019 and a massive minus 37% revenue. Similar trend minus 30% last year. Then I always like to look at revenue as a percentage of gross booking value. Basically, what that says is what hosts are paying to use the platform. It's around 12% and it's bumped up a little bit, a little shorter, 13% here and 14% for 2020. Don't know if that's an anomaly, but that's a pretty decent cut for Airbnb, as well as it's not a huge outlay for a host to pay to get global exposure.\nLet me tell you about what I love about Airbnb, the metric, it aligns with its customers. It gets revenue when places are rented. Thirty percent of their revenue goes to technology and research and development. I think they have a potential to expand the market, so not just hotel. They're not just taking share from hotel rooms, but I think they're providing people an easier and more welcoming place to stay potentially. If you have small kids and pets, potentially, traveling is just a nightmare. Getting your own home with your own kitchen and separate bedrooms is really a much better experience than potentially being in a hotel room. Things I don't, it's got massive marketing expense that it's a $90 billion market cap company already, it just IPO'd this year and it was up above $100 billion even. Then the growth post-coronavirus is uncertain. Matt, you and I chatted a little before for the show. The thing that's held me back from pulling the trigger on the stock is this $90 billion market cap. What do you think about that?\nMatt Frankel: Yeah. Hopefully you guys can hear me better now, I made a switch. But the more I look into it the more that valuation stops bothering me. The reason being is that, that 22 price-to-sales ratio you just mentioned, that's based on COVID numbers. It's trading at 22 times what it did during the pandemic year. Take that with a big grain of salt. The travel market, Airbnb's market is not just booking rooms. It also has a lot to do with booking -- they're expanding into experiences, they're expanding into adding events you can book along with your vacation rental. The marketing expense will get better over time. Think of a company like Amazon, which Airbnb has the potential to be in the travel space. Amazon doesn't have to get the word out anymore, if you want to buy something you just go to Amazon. Airbnb is not quite at that point yet. They do have a lot of marketing cost while they're still in rapid growth mode. The travel industry is worth $3.4 trillion of annual revenue worldwide. That's their addressable market. They're not going to get that. But even if they got 2% of the global travel market, that'd be a pretty big number. Many times there are current gross bookings. The more I look into it, the less that high valuation bothers me. I'm not quite ready to pull the trigger, but it's definitely more interesting to me than now that I really dig into it.\nWithers: I really like the recent upgrade it's made. It shows that it's committed to its host and really making an easy-to-use platform. I think that's going to attract more hosts, it attracts more travelers, which attracts more hosts and allows them to develop the platform more or so. Similar to Shopify, I think it's got a really great business model that it's working. I think as more people get out and travel and look to Airbnb as a different way to travel, I think it's just going to become even more popular.\nFrankel: Yeah. Etsy is another good example of a site that's really got like the same network effect going. They're owning the handmade goods market, but they didn't a few years ago. Their marketing cost was really high and they are able to now spend their marketing dollars on different things, like improving the customer experience, so people shop on the platform more. I can see Airbnb is high marketing costs overtime, really transitioned from getting people to their platform to increasing their revenue opportunity on their current customers. I'm interested in Airbnb right now. Three months ago, I never would've thought of a \"hotel stock\" at $90 billion valuation. That's several times like Marriott's worth. I would never have thought I would be considering that, but the more I dig into it, the more I think this really is an opportunity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":477,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167437095,"gmtCreate":1624281625517,"gmtModify":1703832318116,"author":{"id":"3586844613112311","authorId":"3586844613112311","authorIdStr":"3586844613112311","name":"Laypheng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586844613112311"},"themes":[],"htmlText":"Wa","listText":"Wa","text":"Wa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167437095","repostId":"1154249454","repostType":4,"repost":{"id":"1154249454","pubTimestamp":1624230573,"share":"https://ttm.financial/m/news/1154249454?lang=&edition=fundamental","pubTime":"2021-06-21 07:09","market":"us","language":"en","title":"Nike, FedEx, Johnson & Johnson, Darden, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1154249454","media":"barrons","summary":"A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. Wednesday will also feature analyst days and investor events from Johnson & Johnson, GlaxoSmithKline,and Equinix.Economic data out this week include IHS’ Manufacturing and Services Purchasing Managers’ Indexes for June on Wednesday. Both are expected to hold near their record highs. The Census Bureau will r","content":"<p>A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. Wednesday will also feature analyst days and investor events from&nbsp;Johnson &amp;&nbsp;Johnson,&nbsp;GlaxoSmithKline,and&nbsp;Equinix.</p>\n<p>Economic data out this week include IHS’ Manufacturing and Services Purchasing Managers’ Indexes for June on Wednesday. Both are expected to hold near their record highs. The Census Bureau will release the durable-goods report for May on Thursday. Orders—often seen as a decent proxy for business investment—are expected to rise 3.3% month over month.</p>\n<p>And on Friday, the Bureau of Economic Analysis will report personal income and consumption for May. Spending is forecast to continue rising despite a drop off in income as stimulus checks finished being sent out in April.</p>\n<p>Monday 6/21</p>\n<p><b>The Federal Reserve Bank</b>of Chicago releases its National Activity index, a gauge of overall economic activity, for May. Expectations are for a 0.50 reading, higher than April’s 0.24 figure. A positive reading indicates economic growth that is above historical trends.</p>\n<p>Tuesday 6/22</p>\n<p><b>The National Association</b>of Realtors reports existing-home sales for May. Economists forecast a seasonally adjusted annual rate of 5.7 million homes sold, about 150,000 fewer than the April data. Existing-home sales have fallen for three consecutive months, as supply hasn’t been able to keep up with demand.</p>\n<p>Wednesday 6/23</p>\n<p>Equinix hosts its 2021 analyst day, when the company will update its long-term financial outlook.</p>\n<p>GlaxoSmithKline hosts a conference call, featuring its CEO, Emma Walmsley, to update investors on the company’s strategy for growth and shareholder value creation.</p>\n<p>Johnson &amp; Johnson hosts a webcast to discuss its ESG strategy.</p>\n<p><b>The Census Bureau</b>reports new residential construction data for May. Consensus estimate is for a seasonally adjusted annual rate of 875,000 new single-family homes sold, slightly higher than April’s 863,000. Similar to existing-home sales, new-home sales have fallen from their recent peak of 993,000 in January of this year.</p>\n<p><b>IHS Markitreports</b>both its Manufacturing and Services Purchasing Managers’ indexes for June. Expectations are for a 61.5 reading for the Manufacturing PMI, and a 69.8 figure for the Services PMI. Both projections are comparable to the May data as well as being near record highs for their respective indexes.</p>\n<p>Thursday 6/24</p>\n<p><b>The Bureau of Economic Analysis</b>reports the third and final estimate of first-quarter gross-domestic-product growth. Economists forecast a seasonally adjusted annual growth rate of 6.4%.</p>\n<p>Accenture,Darden Restaurants, FedEx, and Nike hold conference calls to discuss quarterly results.</p>\n<p><b>The Bank of England</b>announces its monetary-policy decision. The central bank is widely expected to keep its key interest rate at 0.1%.</p>\n<p><b>The Census Bureau</b>releases the durable-goods report for May. The consensus call is for new orders of manufactured goods to rise 2.8% month over month to $253 billion. Excluding transportation, new orders are projected at 1%, matching the April data.</p>\n<p>Friday 6/25</p>\n<p>CarMax and Paychex report earnings.</p>\n<p><b>The BEA reports</b>personal income and consumption for May. Income is expected to fall 3% month over month, after plummeting 13.1% in April. This reflects a dropoff in stimulus checks that first were sent out in March. Spending is seen rising 0.5%, comparable to the April data.</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>Nike, FedEx, Johnson & Johnson, Darden, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNike, FedEx, Johnson & Johnson, Darden, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 07:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nike-fedex-johnson-johnson-darden-and-other-stocks-for-investors-to-watch-this-week-51624215603?mod=hp_LEAD_3><strong>barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. ...</p>\n\n<a href=\"https://www.barrons.com/articles/nike-fedex-johnson-johnson-darden-and-other-stocks-for-investors-to-watch-this-week-51624215603?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":{"JNJ":"强生","FDX":"联邦快递","NKE":"耐克","DRI":"达登饭店"},"source_url":"https://www.barrons.com/articles/nike-fedex-johnson-johnson-darden-and-other-stocks-for-investors-to-watch-this-week-51624215603?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154249454","content_text":"A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. Wednesday will also feature analyst days and investor events from Johnson & Johnson, GlaxoSmithKline,and Equinix.\nEconomic data out this week include IHS’ Manufacturing and Services Purchasing Managers’ Indexes for June on Wednesday. Both are expected to hold near their record highs. The Census Bureau will release the durable-goods report for May on Thursday. Orders—often seen as a decent proxy for business investment—are expected to rise 3.3% month over month.\nAnd on Friday, the Bureau of Economic Analysis will report personal income and consumption for May. Spending is forecast to continue rising despite a drop off in income as stimulus checks finished being sent out in April.\nMonday 6/21\nThe Federal Reserve Bankof Chicago releases its National Activity index, a gauge of overall economic activity, for May. Expectations are for a 0.50 reading, higher than April’s 0.24 figure. A positive reading indicates economic growth that is above historical trends.\nTuesday 6/22\nThe National Associationof Realtors reports existing-home sales for May. Economists forecast a seasonally adjusted annual rate of 5.7 million homes sold, about 150,000 fewer than the April data. Existing-home sales have fallen for three consecutive months, as supply hasn’t been able to keep up with demand.\nWednesday 6/23\nEquinix hosts its 2021 analyst day, when the company will update its long-term financial outlook.\nGlaxoSmithKline hosts a conference call, featuring its CEO, Emma Walmsley, to update investors on the company’s strategy for growth and shareholder value creation.\nJohnson & Johnson hosts a webcast to discuss its ESG strategy.\nThe Census Bureaureports new residential construction data for May. Consensus estimate is for a seasonally adjusted annual rate of 875,000 new single-family homes sold, slightly higher than April’s 863,000. Similar to existing-home sales, new-home sales have fallen from their recent peak of 993,000 in January of this year.\nIHS Markitreportsboth its Manufacturing and Services Purchasing Managers’ indexes for June. Expectations are for a 61.5 reading for the Manufacturing PMI, and a 69.8 figure for the Services PMI. Both projections are comparable to the May data as well as being near record highs for their respective indexes.\nThursday 6/24\nThe Bureau of Economic Analysisreports the third and final estimate of first-quarter gross-domestic-product growth. Economists forecast a seasonally adjusted annual growth rate of 6.4%.\nAccenture,Darden Restaurants, FedEx, and Nike hold conference calls to discuss quarterly results.\nThe Bank of Englandannounces its monetary-policy decision. The central bank is widely expected to keep its key interest rate at 0.1%.\nThe Census Bureaureleases the durable-goods report for May. The consensus call is for new orders of manufactured goods to rise 2.8% month over month to $253 billion. Excluding transportation, new orders are projected at 1%, matching the April data.\nFriday 6/25\nCarMax and Paychex report earnings.\nThe BEA reportspersonal income and consumption for May. Income is expected to fall 3% month over month, after plummeting 13.1% in April. This reflects a dropoff in stimulus checks that first were sent out in March. Spending is seen rising 0.5%, comparable to the April data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167434849,"gmtCreate":1624281610081,"gmtModify":1703832317299,"author":{"id":"3586844613112311","authorId":"3586844613112311","authorIdStr":"3586844613112311","name":"Laypheng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586844613112311"},"themes":[],"htmlText":"Best","listText":"Best","text":"Best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167434849","repostId":"1164918098","repostType":4,"repost":{"id":"1164918098","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":1624276383,"share":"https://ttm.financial/m/news/1164918098?lang=&edition=fundamental","pubTime":"2021-06-21 19:53","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1164918098","media":"Tiger Newspress","summary":"Dow set to bounce after its worst weekly loss since October.\nBitcoin drops as China expands crypto m","content":"<ul>\n <li>Dow set to bounce after its worst weekly loss since October.</li>\n <li>Bitcoin drops as China expands crypto mining crackdown.</li>\n</ul>\n<p>(June 21)&nbsp;US equity futures and global stocks recovered some of their Friday losses after hitting a four-week low earlier in Monday's session, as investors dipped their toe and bought risk after last week’s surprise hawkish shift by the Fed even as the dollar hovered below a 10-week high. S&amp;P 500 futures rebounded after spending most of the Asia session in the red, while Europe's Stoxx 600 Index also recovered from an earlier loss, with U.K. grocer Wm Morrison Supermarkets surging&nbsp;32% after rejecting an unsolicited takeover bid, sending shares of peers Tesco Plc and J Sainsbury Plc higher.</p>\n<p>At 7:55AM ET the Dow futures contract was up just 185 points, or 0.55%, S&amp;P 500 futures traded 17 points, or 0.41%, higher, and Nasdaq 100 futures climbed 46.5&nbsp;points, or 0.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/a4ceef7ac430487cbff8fee43fc8f4d7\" tg-width=\"1242\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p><b>\"It just looks like a bit of relief rally following last week’s heavy sell-offs,</b>” said MUFG analyst Lee Hardman. “Market participants will be watching closely comments from Fed officials in the week ahead to see if any push back against hawkish market repricing following last week’s FOMC meeting”</p>\n<p>While meme stocks were once again bid, cryptocurrency-exposed stocks tumbled in U.S. premarket after Bitcoin crashed over the weekend and into Monday amid a fresh crackdown by China whose digital yuan is proving to be a total disaster so far, prompting Beijing to take out its anger on cryptocurrencies. Bitcoin dropped 10%, sliding below $33,000 amid weakening appetite for riskier assets and China ordered payment platform Alipay and domestic banks to not provide services linked to trading of virtual currencies. The Chinese city of Ya’an was&nbsp; said to have started a crackdown on crypto mining firms.</p>\n<p>As a result, Cryptocurrency-exposed stocks slumped: Riot Blockchain (RIOT) plunged 6.5% in&nbsp;premarket&nbsp;trading and Marathon Digital (MARA) drops 7%, while Coinbase (COIN) slips 2.3% and Ebang (EBON) declines 4.4%. Here are some other notable pre-movers today:</p>\n<ul>\n <li>Luokung Technology (LKCO) climbs nearly&nbsp;14% after announcing its eMapgo Technologies unit won a contract to provide a traffic control network in China’s Jiangxi Province.</li>\n <li><img src=\"https://static.tigerbbs.com/2487421aafcc3f130d1d3ead0fbf9319\" tg-width=\"719\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></li>\n <li>Raven Industries surges 48% after the Agnelli family’s CNH Industrial agreed to buy the U.S. precision agriculture-technology company for about $2.1 billion.</li>\n <li>Torchlight Energy Resources (TRCH) jumped as much as 63% after the stock was touted on Reddit as a potential short squeeze. Other meme stocks also climbed: AMC Entertainment (AMC) advances 3.4% and GameStop (GME) gains 1.8%, while Clover Health (CLOV) rises 1%.</li>\n <li></li>\n</ul>\n<p><b>Stocks making the biggest moves in the premarket: MicroStrategy, Coinbase, Raven Industries &amp; more</b></p>\n<p><b>1)&nbsp;MicroStrategy(MSTR)</b> – MicroStrategy shares tumbled 8.7% in premarket trading amid a slide in bitcoin prices following the expansion ofChina’s crackdown on bitcoin mining. The business analytics company is among the biggest corporate investors in bitcoin, with several billion dollars in holdings on its books.</p>\n<p><b>2)&nbsp;Coinbase(COIN)</b> – The cryptocurrency platform’s stock slid 3% in premarket action, also hit by the drop in cryptocurrencies amid the latest actions by the Chinese government.</p>\n<p><b>3)&nbsp;Raven Industries(RAVN)</b> – Raven agreed to be bought by fellow agricultural equipment makerCNH Industrial(CNHI) for $58 per share, or $2.1 billion, compared to Raven’s Friday close of $38.62 per share. The stock soared 49.7% in premarket trading.</p>\n<p><b>4)&nbsp;ZipRecruiter(ZIP) </b>– The jobs website operator’s shares rose 2.8% in the premarket after Goldman Sachs rated it “buy” in new coverage and Evercore began coverage with a rating of “outperform.” The upbeat assessments cite ZipRecruiter’s growth prospects and ability to disrupt the employment market.</p>\n<p><b>5)&nbsp;HSBC(HSBC)</b> – HSBC sold its French retail bank to private-equity firm Cerberus Capital for 1 euro, and expects to book a $3 billion loss after unloading the unprofitable operation.</p>\n<p><b>6)&nbsp;Pershing Square Tontine Holdings(PSTH) </b>– The SPAC controlled by billionaire investor Bill Ackmanfinalized a dealto buy a 10% stake in Universal Music from Vivendi. The deal values Universal Music – the world’s largest music company – at about $40 billion. Shares gained 1.1% in the premarket.</p>\n<p><b>7)&nbsp;GlaxoSmithKline(GSK) </b>– Glaxo is set to cut its dividend, according to a report in the U.K.’s Daily Mail newspaper. The drugmaker will hold an investor event on Wednesday, and the paper said a cut of as much as 50% will be revealed at that meeting.</p>\n<p><b>8)&nbsp;Tesla(TSLA)</b> – Former Tesla executive Jerome Guillen sold about $274 million in Tesla shares since June 10, according to a Securities and Exchange Commission filing. Guillen left Tesla earlier this month after 11 years, most recently running the company’s Tesla Heavy Trucking unit.</p>\n<p><b>9)&nbsp;American Airlines(AAL)</b> – American Airlineswill cut planned flights for the first half of Julyby about 950 flights, or 1%, to relieve strains on its operations as it deals with the sharp rebound in travel demand.</p>\n<p><b>10)&nbsp;Westlake Chemical(WLK)</b> – Westlake will buy the North American building products business of Australia’s Boral for $2.15 billion. Westlake said the acquisition will boost its presence in products like roofing and siding, and that it will be accretive to earnings during the first year.</p>\n<p><b>11)&nbsp;Amazon.com(AMZN) </b>– Amazon’stwo-day Prime Day eventis underway, the first time the event has been held in June. A number of other major retailers – includingWalmart(WMT),Target(TGT),Kohl’s(KSS),Macy’s(M) andCostco(COST) are holding competing sales events this week.</p>\n<p><b>12)&nbsp;Boston Beer(SAM)</b> – Guggenheim repeated its “buy” recommendation on the Sam Adams beer brewer, and elevated it to “top pick” status. Guggenheim notes a depressed valuation, easier retail comps beginning in June and underappreciated growth prospects for the Truly hard seltzer brand.</p>\n<p><b>Big&nbsp;News</b></p>\n<p><b>1、Prime Day begins as retail faces supply chain disruptions</b></p>\n<p>Amazon’s Prime Daykicked off Mondayafter the e-commerce giant delayed its massive summer sale to October last year due to the pandemic. Prime Day 2020 pulled in $10.4 billion, according to Digital Commerce 360, a 45% increase from the prior year’s two-day event. This year’s Prime Day comes as retail industry grapples with widespread global supply chain disruptions, caused in part by the ripple effects of pandemic-mandated factory closures as well as labor shortages. A recent Covid outbreak in the southern Chinese province of Guangdong has compounded the problem.</p>\n<p><b>2、American&nbsp;Airlines cancels another hundred flights Monday</b></p>\n<p>As travel demand surges toward pre-pandemic levels,American&nbsp;Airlinescanceled another hundred flights Monday afterscrapping hundreds over the weekenddue to staffing shortages, maintenance and other issues. American said it’s trimming its overall schedule by about 1% through mid-July to help ease some of&nbsp;the strain on its operations. The carrier blamed some of the&nbsp;recent&nbsp;problems on scheduling complications&nbsp;stemming from&nbsp;bad weather at its Charlotte and Dallas/Fort Worth hubs during the first half of June. American is also racing to train all of the pilots it furloughed in between two federal aid packages that prohibited layoffs as well as aviators due for periodic recurrent training.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-21 19:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Dow set to bounce after its worst weekly loss since October.</li>\n <li>Bitcoin drops as China expands crypto mining crackdown.</li>\n</ul>\n<p>(June 21)&nbsp;US equity futures and global stocks recovered some of their Friday losses after hitting a four-week low earlier in Monday's session, as investors dipped their toe and bought risk after last week’s surprise hawkish shift by the Fed even as the dollar hovered below a 10-week high. S&amp;P 500 futures rebounded after spending most of the Asia session in the red, while Europe's Stoxx 600 Index also recovered from an earlier loss, with U.K. grocer Wm Morrison Supermarkets surging&nbsp;32% after rejecting an unsolicited takeover bid, sending shares of peers Tesco Plc and J Sainsbury Plc higher.</p>\n<p>At 7:55AM ET the Dow futures contract was up just 185 points, or 0.55%, S&amp;P 500 futures traded 17 points, or 0.41%, higher, and Nasdaq 100 futures climbed 46.5&nbsp;points, or 0.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/a4ceef7ac430487cbff8fee43fc8f4d7\" tg-width=\"1242\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p><b>\"It just looks like a bit of relief rally following last week’s heavy sell-offs,</b>” said MUFG analyst Lee Hardman. “Market participants will be watching closely comments from Fed officials in the week ahead to see if any push back against hawkish market repricing following last week’s FOMC meeting”</p>\n<p>While meme stocks were once again bid, cryptocurrency-exposed stocks tumbled in U.S. premarket after Bitcoin crashed over the weekend and into Monday amid a fresh crackdown by China whose digital yuan is proving to be a total disaster so far, prompting Beijing to take out its anger on cryptocurrencies. Bitcoin dropped 10%, sliding below $33,000 amid weakening appetite for riskier assets and China ordered payment platform Alipay and domestic banks to not provide services linked to trading of virtual currencies. The Chinese city of Ya’an was&nbsp; said to have started a crackdown on crypto mining firms.</p>\n<p>As a result, Cryptocurrency-exposed stocks slumped: Riot Blockchain (RIOT) plunged 6.5% in&nbsp;premarket&nbsp;trading and Marathon Digital (MARA) drops 7%, while Coinbase (COIN) slips 2.3% and Ebang (EBON) declines 4.4%. Here are some other notable pre-movers today:</p>\n<ul>\n <li>Luokung Technology (LKCO) climbs nearly&nbsp;14% after announcing its eMapgo Technologies unit won a contract to provide a traffic control network in China’s Jiangxi Province.</li>\n <li><img src=\"https://static.tigerbbs.com/2487421aafcc3f130d1d3ead0fbf9319\" tg-width=\"719\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></li>\n <li>Raven Industries surges 48% after the Agnelli family’s CNH Industrial agreed to buy the U.S. precision agriculture-technology company for about $2.1 billion.</li>\n <li>Torchlight Energy Resources (TRCH) jumped as much as 63% after the stock was touted on Reddit as a potential short squeeze. Other meme stocks also climbed: AMC Entertainment (AMC) advances 3.4% and GameStop (GME) gains 1.8%, while Clover Health (CLOV) rises 1%.</li>\n <li></li>\n</ul>\n<p><b>Stocks making the biggest moves in the premarket: MicroStrategy, Coinbase, Raven Industries &amp; more</b></p>\n<p><b>1)&nbsp;MicroStrategy(MSTR)</b> – MicroStrategy shares tumbled 8.7% in premarket trading amid a slide in bitcoin prices following the expansion ofChina’s crackdown on bitcoin mining. The business analytics company is among the biggest corporate investors in bitcoin, with several billion dollars in holdings on its books.</p>\n<p><b>2)&nbsp;Coinbase(COIN)</b> – The cryptocurrency platform’s stock slid 3% in premarket action, also hit by the drop in cryptocurrencies amid the latest actions by the Chinese government.</p>\n<p><b>3)&nbsp;Raven Industries(RAVN)</b> – Raven agreed to be bought by fellow agricultural equipment makerCNH Industrial(CNHI) for $58 per share, or $2.1 billion, compared to Raven’s Friday close of $38.62 per share. The stock soared 49.7% in premarket trading.</p>\n<p><b>4)&nbsp;ZipRecruiter(ZIP) </b>– The jobs website operator’s shares rose 2.8% in the premarket after Goldman Sachs rated it “buy” in new coverage and Evercore began coverage with a rating of “outperform.” The upbeat assessments cite ZipRecruiter’s growth prospects and ability to disrupt the employment market.</p>\n<p><b>5)&nbsp;HSBC(HSBC)</b> – HSBC sold its French retail bank to private-equity firm Cerberus Capital for 1 euro, and expects to book a $3 billion loss after unloading the unprofitable operation.</p>\n<p><b>6)&nbsp;Pershing Square Tontine Holdings(PSTH) </b>– The SPAC controlled by billionaire investor Bill Ackmanfinalized a dealto buy a 10% stake in Universal Music from Vivendi. The deal values Universal Music – the world’s largest music company – at about $40 billion. Shares gained 1.1% in the premarket.</p>\n<p><b>7)&nbsp;GlaxoSmithKline(GSK) </b>– Glaxo is set to cut its dividend, according to a report in the U.K.’s Daily Mail newspaper. The drugmaker will hold an investor event on Wednesday, and the paper said a cut of as much as 50% will be revealed at that meeting.</p>\n<p><b>8)&nbsp;Tesla(TSLA)</b> – Former Tesla executive Jerome Guillen sold about $274 million in Tesla shares since June 10, according to a Securities and Exchange Commission filing. Guillen left Tesla earlier this month after 11 years, most recently running the company’s Tesla Heavy Trucking unit.</p>\n<p><b>9)&nbsp;American Airlines(AAL)</b> – American Airlineswill cut planned flights for the first half of Julyby about 950 flights, or 1%, to relieve strains on its operations as it deals with the sharp rebound in travel demand.</p>\n<p><b>10)&nbsp;Westlake Chemical(WLK)</b> – Westlake will buy the North American building products business of Australia’s Boral for $2.15 billion. Westlake said the acquisition will boost its presence in products like roofing and siding, and that it will be accretive to earnings during the first year.</p>\n<p><b>11)&nbsp;Amazon.com(AMZN) </b>– Amazon’stwo-day Prime Day eventis underway, the first time the event has been held in June. A number of other major retailers – includingWalmart(WMT),Target(TGT),Kohl’s(KSS),Macy’s(M) andCostco(COST) are holding competing sales events this week.</p>\n<p><b>12)&nbsp;Boston Beer(SAM)</b> – Guggenheim repeated its “buy” recommendation on the Sam Adams beer brewer, and elevated it to “top pick” status. Guggenheim notes a depressed valuation, easier retail comps beginning in June and underappreciated growth prospects for the Truly hard seltzer brand.</p>\n<p><b>Big&nbsp;News</b></p>\n<p><b>1、Prime Day begins as retail faces supply chain disruptions</b></p>\n<p>Amazon’s Prime Daykicked off Mondayafter the e-commerce giant delayed its massive summer sale to October last year due to the pandemic. Prime Day 2020 pulled in $10.4 billion, according to Digital Commerce 360, a 45% increase from the prior year’s two-day event. This year’s Prime Day comes as retail industry grapples with widespread global supply chain disruptions, caused in part by the ripple effects of pandemic-mandated factory closures as well as labor shortages. A recent Covid outbreak in the southern Chinese province of Guangdong has compounded the problem.</p>\n<p><b>2、American&nbsp;Airlines cancels another hundred flights Monday</b></p>\n<p>As travel demand surges toward pre-pandemic levels,American&nbsp;Airlinescanceled another hundred flights Monday afterscrapping hundreds over the weekenddue to staffing shortages, maintenance and other issues. American said it’s trimming its overall schedule by about 1% through mid-July to help ease some of&nbsp;the strain on its operations. The carrier blamed some of the&nbsp;recent&nbsp;problems on scheduling complications&nbsp;stemming from&nbsp;bad weather at its Charlotte and Dallas/Fort Worth hubs during the first half of June. American is also racing to train all of the pilots it furloughed in between two federal aid packages that prohibited layoffs as well as aviators due for periodic recurrent training.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164918098","content_text":"Dow set to bounce after its worst weekly loss since October.\nBitcoin drops as China expands crypto mining crackdown.\n\n(June 21) US equity futures and global stocks recovered some of their Friday losses after hitting a four-week low earlier in Monday's session, as investors dipped their toe and bought risk after last week’s surprise hawkish shift by the Fed even as the dollar hovered below a 10-week high. S&P 500 futures rebounded after spending most of the Asia session in the red, while Europe's Stoxx 600 Index also recovered from an earlier loss, with U.K. grocer Wm Morrison Supermarkets surging 32% after rejecting an unsolicited takeover bid, sending shares of peers Tesco Plc and J Sainsbury Plc higher.\nAt 7:55AM ET the Dow futures contract was up just 185 points, or 0.55%, S&P 500 futures traded 17 points, or 0.41%, higher, and Nasdaq 100 futures climbed 46.5 points, or 0.33%.\n\n\"It just looks like a bit of relief rally following last week’s heavy sell-offs,” said MUFG analyst Lee Hardman. “Market participants will be watching closely comments from Fed officials in the week ahead to see if any push back against hawkish market repricing following last week’s FOMC meeting”\nWhile meme stocks were once again bid, cryptocurrency-exposed stocks tumbled in U.S. premarket after Bitcoin crashed over the weekend and into Monday amid a fresh crackdown by China whose digital yuan is proving to be a total disaster so far, prompting Beijing to take out its anger on cryptocurrencies. Bitcoin dropped 10%, sliding below $33,000 amid weakening appetite for riskier assets and China ordered payment platform Alipay and domestic banks to not provide services linked to trading of virtual currencies. The Chinese city of Ya’an was  said to have started a crackdown on crypto mining firms.\nAs a result, Cryptocurrency-exposed stocks slumped: Riot Blockchain (RIOT) plunged 6.5% in premarket trading and Marathon Digital (MARA) drops 7%, while Coinbase (COIN) slips 2.3% and Ebang (EBON) declines 4.4%. Here are some other notable pre-movers today:\n\nLuokung Technology (LKCO) climbs nearly 14% after announcing its eMapgo Technologies unit won a contract to provide a traffic control network in China’s Jiangxi Province.\n\nRaven Industries surges 48% after the Agnelli family’s CNH Industrial agreed to buy the U.S. precision agriculture-technology company for about $2.1 billion.\nTorchlight Energy Resources (TRCH) jumped as much as 63% after the stock was touted on Reddit as a potential short squeeze. Other meme stocks also climbed: AMC Entertainment (AMC) advances 3.4% and GameStop (GME) gains 1.8%, while Clover Health (CLOV) rises 1%.\n\n\nStocks making the biggest moves in the premarket: MicroStrategy, Coinbase, Raven Industries & more\n1) MicroStrategy(MSTR) – MicroStrategy shares tumbled 8.7% in premarket trading amid a slide in bitcoin prices following the expansion ofChina’s crackdown on bitcoin mining. The business analytics company is among the biggest corporate investors in bitcoin, with several billion dollars in holdings on its books.\n2) Coinbase(COIN) – The cryptocurrency platform’s stock slid 3% in premarket action, also hit by the drop in cryptocurrencies amid the latest actions by the Chinese government.\n3) Raven Industries(RAVN) – Raven agreed to be bought by fellow agricultural equipment makerCNH Industrial(CNHI) for $58 per share, or $2.1 billion, compared to Raven’s Friday close of $38.62 per share. The stock soared 49.7% in premarket trading.\n4) ZipRecruiter(ZIP) – The jobs website operator’s shares rose 2.8% in the premarket after Goldman Sachs rated it “buy” in new coverage and Evercore began coverage with a rating of “outperform.” The upbeat assessments cite ZipRecruiter’s growth prospects and ability to disrupt the employment market.\n5) HSBC(HSBC) – HSBC sold its French retail bank to private-equity firm Cerberus Capital for 1 euro, and expects to book a $3 billion loss after unloading the unprofitable operation.\n6) Pershing Square Tontine Holdings(PSTH) – The SPAC controlled by billionaire investor Bill Ackmanfinalized a dealto buy a 10% stake in Universal Music from Vivendi. The deal values Universal Music – the world’s largest music company – at about $40 billion. Shares gained 1.1% in the premarket.\n7) GlaxoSmithKline(GSK) – Glaxo is set to cut its dividend, according to a report in the U.K.’s Daily Mail newspaper. The drugmaker will hold an investor event on Wednesday, and the paper said a cut of as much as 50% will be revealed at that meeting.\n8) Tesla(TSLA) – Former Tesla executive Jerome Guillen sold about $274 million in Tesla shares since June 10, according to a Securities and Exchange Commission filing. Guillen left Tesla earlier this month after 11 years, most recently running the company’s Tesla Heavy Trucking unit.\n9) American Airlines(AAL) – American Airlineswill cut planned flights for the first half of Julyby about 950 flights, or 1%, to relieve strains on its operations as it deals with the sharp rebound in travel demand.\n10) Westlake Chemical(WLK) – Westlake will buy the North American building products business of Australia’s Boral for $2.15 billion. Westlake said the acquisition will boost its presence in products like roofing and siding, and that it will be accretive to earnings during the first year.\n11) Amazon.com(AMZN) – Amazon’stwo-day Prime Day eventis underway, the first time the event has been held in June. A number of other major retailers – includingWalmart(WMT),Target(TGT),Kohl’s(KSS),Macy’s(M) andCostco(COST) are holding competing sales events this week.\n12) Boston Beer(SAM) – Guggenheim repeated its “buy” recommendation on the Sam Adams beer brewer, and elevated it to “top pick” status. Guggenheim notes a depressed valuation, easier retail comps beginning in June and underappreciated growth prospects for the Truly hard seltzer brand.\nBig News\n1、Prime Day begins as retail faces supply chain disruptions\nAmazon’s Prime Daykicked off Mondayafter the e-commerce giant delayed its massive summer sale to October last year due to the pandemic. Prime Day 2020 pulled in $10.4 billion, according to Digital Commerce 360, a 45% increase from the prior year’s two-day event. This year’s Prime Day comes as retail industry grapples with widespread global supply chain disruptions, caused in part by the ripple effects of pandemic-mandated factory closures as well as labor shortages. A recent Covid outbreak in the southern Chinese province of Guangdong has compounded the problem.\n2、American Airlines cancels another hundred flights Monday\nAs travel demand surges toward pre-pandemic levels,American Airlinescanceled another hundred flights Monday afterscrapping hundreds over the weekenddue to staffing shortages, maintenance and other issues. American said it’s trimming its overall schedule by about 1% through mid-July to help ease some of the strain on its operations. The carrier blamed some of the recent problems on scheduling complications stemming from bad weather at its Charlotte and Dallas/Fort Worth hubs during the first half of June. American is also racing to train all of the pilots it furloughed in between two federal aid packages that prohibited layoffs as well as aviators due for periodic recurrent training.","news_type":1},"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167430046,"gmtCreate":1624281309585,"gmtModify":1703832306969,"author":{"id":"3586844613112311","authorId":"3586844613112311","authorIdStr":"3586844613112311","name":"Laypheng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586844613112311"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167430046","repostId":"1157580942","repostType":4,"repost":{"id":"1157580942","pubTimestamp":1624280021,"share":"https://ttm.financial/m/news/1157580942?lang=&edition=fundamental","pubTime":"2021-06-21 20:53","market":"us","language":"en","title":"PPT Assemble: Biden Summons Powell, Yellen, Gensler After Market Rout","url":"https://stock-news.laohu8.com/highlight/detail?id=1157580942","media":"zerohedge","summary":"Did President Joe Biden just call an emergency meeting of the PPT after the Dow's worst week in 8 months?","content":"<p>Did President Joe Biden just call an emergency meeting of the PPT?</p>\n<p>Bloomberg reported Monday morning that Treasury Secretary Janet Yellen and a coterie of senior financial regulators have been summoned to a meeting with President Biden at the White House<b>following last week's selloff, which marked the worst week for the Dow in eight months.</b></p>\n<blockquote>\n Federal Reserve Chief Jerome Powell, Treasury Secretary Janet Yellen, Acting Chairman of the Commodity Futures Trading Commission Rostin Behnam will attend meeting with President Biden today.Attendees also include:\n</blockquote>\n<p>The meeting, set for Tuesday, has been called to<b>discuss \"the state of the country's financial system and institutions\",</b>including discussions of climate risk and \"financial inclusion\".</p>\n<p><img src=\"https://static.tigerbbs.com/370a41562d7254377e2252191c713e20\" tg-width=\"517\" tg-height=\"333\" referrerpolicy=\"no-referrer\">Now that the FOMC has signaled that the 'tapering talk' has finally begun via the latest hawkish tilt in its dot plot, released after the close of last week's two-day policy meeting, it's clear that America's economic policymakers are growing increasingly nervous about market stability, given last week's reaction to the Fed. As Lance Roberts pointed out, the implications of tapering are clear: it's positive for rates, and negative for equities.</p>\n<p><img src=\"https://static.tigerbbs.com/d8e1f7b0023a0bca720afb4bb5822567\" tg-width=\"500\" tg-height=\"249\" referrerpolicy=\"no-referrer\">And with President Biden preparing to raise taxes to finance his \"Build Back Better\" program of \"infrastructure\" investment, it's clearly in the White House's interest to do whatever it can to ensure an orderly market transition to the rising rate regime.</p>\n<p>It's not like the PPT has been entirely absent from markets: wehave already seensuspected PPT interventions this year.</p>\n<p>If our instincts are correct, this would markthe first meeting of the PPT since a call to discuss \"market conditions\"held last March as equity markets were in the middle of a brutal (if short-lived) bear market.</p>\n<p>Powell is also expected to testify before Congress tomorrow in his latest testimony on the economy as required by the COVID stimulus.</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>PPT Assemble: Biden Summons Powell, Yellen, Gensler After Market Rout</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\">\nPPT Assemble: Biden Summons Powell, Yellen, Gensler After Market Rout\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 20:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/ppt-assemble-biden-summons-powel-yellen-gensler-after-market-rout><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Did President Joe Biden just call an emergency meeting of the PPT?\nBloomberg reported Monday morning that Treasury Secretary Janet Yellen and a coterie of senior financial regulators have been ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/ppt-assemble-biden-summons-powel-yellen-gensler-after-market-rout\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/ppt-assemble-biden-summons-powel-yellen-gensler-after-market-rout","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157580942","content_text":"Did President Joe Biden just call an emergency meeting of the PPT?\nBloomberg reported Monday morning that Treasury Secretary Janet Yellen and a coterie of senior financial regulators have been summoned to a meeting with President Biden at the White Housefollowing last week's selloff, which marked the worst week for the Dow in eight months.\n\n Federal Reserve Chief Jerome Powell, Treasury Secretary Janet Yellen, Acting Chairman of the Commodity Futures Trading Commission Rostin Behnam will attend meeting with President Biden today.Attendees also include:\n\nThe meeting, set for Tuesday, has been called todiscuss \"the state of the country's financial system and institutions\",including discussions of climate risk and \"financial inclusion\".\nNow that the FOMC has signaled that the 'tapering talk' has finally begun via the latest hawkish tilt in its dot plot, released after the close of last week's two-day policy meeting, it's clear that America's economic policymakers are growing increasingly nervous about market stability, given last week's reaction to the Fed. As Lance Roberts pointed out, the implications of tapering are clear: it's positive for rates, and negative for equities.\nAnd with President Biden preparing to raise taxes to finance his \"Build Back Better\" program of \"infrastructure\" investment, it's clearly in the White House's interest to do whatever it can to ensure an orderly market transition to the rising rate regime.\nIt's not like the PPT has been entirely absent from markets: wehave already seensuspected PPT interventions this year.\nIf our instincts are correct, this would markthe first meeting of the PPT since a call to discuss \"market conditions\"held last March as equity markets were in the middle of a brutal (if short-lived) bear market.\nPowell is also expected to testify before Congress tomorrow in his latest testimony on the economy as required by the COVID stimulus.","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161598310,"gmtCreate":1623933348630,"gmtModify":1703823818296,"author":{"id":"3586844613112311","authorId":"3586844613112311","authorIdStr":"3586844613112311","name":"Laypheng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586844613112311"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161598310","repostId":"1195023201","repostType":4,"repost":{"id":"1195023201","pubTimestamp":1623930270,"share":"https://ttm.financial/m/news/1195023201?lang=&edition=fundamental","pubTime":"2021-06-17 19:44","market":"us","language":"en","title":"Raw Material Shortage Holding Up Novavax's COVID-19 Shot Manufacturing, Says Serum Institute","url":"https://stock-news.laohu8.com/highlight/detail?id=1195023201","media":"benzinga","summary":"Serum Institute of India (SII) is yet to receive raw materials from the U.S. required to produce the","content":"<ul>\n <li>Serum Institute of India (SII) is&nbsp;yet to receive raw materials&nbsp;from the U.S. required to produce the&nbsp;<b>Novavax Inc</b>&nbsp;vaccine despite diplomatic interventions by India, said an official aware of the development.</li>\n <li>The delay in receiving raw materials such as bioreactor bags and enzymes means that SII's launch of the Novavax vaccine, dubbed Covovax in India, will not likely happen before&nbsp;September, as planned initially.</li>\n <li>The company said raw material shortages have led to the delay in launching the vaccine.</li>\n <li>The U.S. lifted the export ban on raw materials on June 4.</li>\n <li>SII is the manufacturing partner for Novavax in India, where the firm has committed to producing up to 1 billion doses.</li>\n <li>Also, the Serum Institute of India plans to start clinical trials of the Novavax shot for children in July, according to&nbsp;ANI quoting sources.</li>\n <li>Earlier this week, NVAX's COVID-19 vaccine&nbsp;demonstrated 90% efficacy.</li>\n <li><b>Price Action:</b>NVAX shares are up 5.9% at $186.68 during the premarket trading session on the last check Thursday.</li>\n</ul>","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>Raw Material Shortage Holding Up Novavax's COVID-19 Shot Manufacturing, Says Serum Institute</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\">\nRaw Material Shortage Holding Up Novavax's COVID-19 Shot Manufacturing, Says Serum Institute\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 19:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://wwww.benzinga.com/general/biotech/21/06/21602943/raw-material-shortage-holding-up-novavaxs-covid-19-shot-manufacturing-says-serum-institute><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Serum Institute of India (SII) is yet to receive raw materials from the U.S. required to produce the Novavax Inc vaccine despite diplomatic interventions by India, said an official aware of the ...</p>\n\n<a href=\"https://wwww.benzinga.com/general/biotech/21/06/21602943/raw-material-shortage-holding-up-novavaxs-covid-19-shot-manufacturing-says-serum-institute\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVAX":"诺瓦瓦克斯医药"},"source_url":"https://wwww.benzinga.com/general/biotech/21/06/21602943/raw-material-shortage-holding-up-novavaxs-covid-19-shot-manufacturing-says-serum-institute","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195023201","content_text":"Serum Institute of India (SII) is yet to receive raw materials from the U.S. required to produce the Novavax Inc vaccine despite diplomatic interventions by India, said an official aware of the development.\nThe delay in receiving raw materials such as bioreactor bags and enzymes means that SII's launch of the Novavax vaccine, dubbed Covovax in India, will not likely happen before September, as planned initially.\nThe company said raw material shortages have led to the delay in launching the vaccine.\nThe U.S. lifted the export ban on raw materials on June 4.\nSII is the manufacturing partner for Novavax in India, where the firm has committed to producing up to 1 billion doses.\nAlso, the Serum Institute of India plans to start clinical trials of the Novavax shot for children in July, according to ANI quoting sources.\nEarlier this week, NVAX's COVID-19 vaccine demonstrated 90% efficacy.\nPrice Action:NVAX shares are up 5.9% at $186.68 during the premarket trading session on the last check Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169281910,"gmtCreate":1623837853030,"gmtModify":1703820954526,"author":{"id":"3586844613112311","authorId":"3586844613112311","authorIdStr":"3586844613112311","name":"Laypheng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586844613112311"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169281910","repostId":"2143765982","repostType":4,"repost":{"id":"2143765982","pubTimestamp":1623836400,"share":"https://ttm.financial/m/news/2143765982?lang=&edition=fundamental","pubTime":"2021-06-16 17:40","market":"us","language":"en","title":"‘Deeply Disturbing’ Toshiba Report Points to Powerful Figures","url":"https://stock-news.laohu8.com/highlight/detail?id=2143765982","media":"Bloomberg","summary":"(Bloomberg) -- Japan’s powerful trade ministry, the former head of investment at its giant pension f","content":"<p>(Bloomberg) -- Japan’s powerful trade ministry, the former head of investment at its giant pension fund, and even the current prime minister.</p>\n<p>Those are the actors portrayed in a detailed description of how Toshiba Corp. allegedly tapped government allies to try to influence voting at its annual general meeting last year. Management at the more than 145-year-old manufacturer worked hand in hand with public officials in an attempt to sway the outcome, according to a 139-page report by three independent investigators elected by Toshiba stock holders to examine the issue.</p>\n<p>It’s a rare public account of how Japan’s bureaucrats allegedly coordinated with a private company to exert control over foreign shareholders. While it’s unlikely to hurt Prime Minister Yoshihide Suga, it’s already having an impact on the iconic conglomerate and may have wider implications for corporate accountability in the country’s more than $6 trillion stock market.</p>\n<p>The report is “surprising, disappointing, and in some areas, deeply disturbing,” four Toshiba board members -- George Raymond Zage III, Ayako Hirota Weissman, Paul J. Brough and Jerry Black -- said in a statement. On Monday, Chairman Osamu Nagayama said the board of directors “sincerely accepted” the points raised in the report, and would work to restore trust and transparency. The company said over the weekend it will drop two existing board members.</p>\n<p>It’s the culmination of a months-long probe after Toshiba’s largest shareholder, Singapore-based hedge fund Effissimo Capital Management Pte., won a landmark vote calling for an independent investigation of alleged pressure on stock owners and issues with vote tabulation at the AGM. The three independent investigators, all lawyers, appointed under Effissimo’s shareholder proposal said they reviewed more than 778,000 emails and attachments. The report mentions in nine places that Toshiba acted “in unison” with the trade ministry against overseas investors.</p>\n<p>Prime Minister Suga was chief cabinet secretary at the time, <a href=\"https://laohu8.com/S/AONE\">one</a> of the most powerful jobs in the government. He met with Nobuaki Kurumatani, then Toshiba’s chief executive officer, before the AGM, presumably for a briefing on the shareholder meeting, according to the report. Kurumatani confirmed he attended a meeting with Suga, but said he didn’t talk with him individually, according to the report.</p>\n<p>The company was worried that foreign investors, which own a majority of its shares, would vote out management and appoint their own candidates.</p>\n<p>Toshiba pointed to its statement over the weekend when asked to comment for this story.</p>\n<p>At a later meeting with <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Kurumatani’s subordinates, Suga said Japan could use a new law to keep the overseas shareholders under control, according to the report. He was referring to the revised Foreign Exchange and Foreign Trade Act (FEA), which restricts overseas investment in certain industries that Japan says are core to national security. Toshiba management and the trade ministry were discussing the possibility of threatening to use the law to force Effissimo to divest its shares, the report said.</p>\n<p>“If we are aggressive, we can get them with the FEA,” Suga said, according to the report.</p>\n<p>Suga, who would become prime minister months later when Shinzo Abe surprisingly resigned, denied making the comments. “I know nothing of this,” he told reporters in Tokyo last week. “There was no such thing.”</p>\n<p>Suga’s alleged involvement has created unwelcome headlines at a time when the administration is already struggling with low approval ratings due to its handling of the pandemic and support of the publicly unpopular Olympics, but so far the impact on the prime minister has been limited. A senior government official pointed to Suga’s response last week when asked to comment for this story.</p>\n<p>“It’s unlikely to deal a heavy blow to the administration,” said Hajime Sakai, the chief fund manager at Mito Securities Co. in Tokyo. “It’s just one of many factors.”</p>\n<p>While Suga is only briefly mentioned in the report, a man referred to as Mr. M allegedly played a more central role.</p>\n<p>Mr. M, it says, used his influence to stop Harvard University’s endowment, a Toshiba shareholder, from voting at the AGM. The trade ministry, to which Mr. M was an adviser at the time, had given Toshiba the name of Mr. M as someone with connections to the fund, a Toshiba executive said in the report. Mr. M had a series of calls with Harvard, seeking to get it to either side with management on proposals or not vote at all, according to the report.</p>\n<p>The endowment later described to Toshiba’s audit committee a call that was “highly inappropriate in both content and timing,” according to the report. It didn’t identify the caller. Farallon Capital Management, which spoke with Harvard about the matter, said Mr. M made an “aggressive” call and Harvard was “threatened,” the report said. Mr. M pointed out “substantial risks” that Harvard might face. Ultimately, the endowment decided not to vote, it said.</p>\n<p>While Mr. M isn’t explicitly named in the report, he’s identified through a tweet that the report cites as Hiromichi Mizuno, one of Japan’s most celebrated finance gurus. The former private equity executive rose to fame in the investing world when he became chief investment officer of Japan’s $1.6 trillion Government Pension Investment Fund.</p>\n<p>Trade Minister Hiroshi Kajiyama referred to him by name last week when discussing the report. Kajiyama denied that the ministry had asked Mizuno to get involved, although he said Mizuno had given it advice on occasion. He said the report didn’t shed definitive light on what happened.</p>\n<p>A trade ministry spokesperson declined to comment for this story and pointed to Kajiyama’s comments on the report.</p>\n<p>Reuters and the Financial Times previously reported on Mizuno’s involvement.</p>\n<p>Mizuno, who’s currently a Tesla Inc. director and a United Nations special envoy, didn’t respond to requests for comment. In the Dec. 23 tweet cited by the report, he said it was “extremely regrettable” that a Reuters article, citing anonymous sources, portrayed him as threatening the fund.</p>\n<p>“It is easy to predict” that Mr. M, in his position as a trade ministry adviser, “would have a strong influence on the decisions of the foreign shareholders regarding the exercise of their voting rights,” the report said. Given its fiduciary duty, it was “highly unusual” for Harvard not to vote, it said. Harvard Management Co. declined to comment.</p>\n<p>But beyond Mizuno, and aside from Toshiba’s management, a key player in the report is the trade ministry itself.</p>\n<p>For longtime watchers of Japan, the ministry’s hands-on involvement in the matters of a private company may not come as such a shock. This, after all, is the organization that was often credited with orchestrating the rise of Japanese industry.</p>\n<p>The ministry coordinated with Toshiba to employ a good cop, bad cop negotiating strategy in which the ministry “beat” Effissimo while Toshiba interacted “politely” with the fund, according to the report. Bureaucrats contacted other shareholders, seeking to influence how they voted. They threatened to use the new law if voting didn’t go the way they wanted, the report said.</p>\n<p>Making recommendations for change wasn’t in the scope of the probe, and it’s not clear if there will be any legal fallout. Toshiba’s Nagayama said the company will examine the responsibility of former CEO Kurumatani, who didn’t respond to a text message seeking comment. The trade ministry doesn’t plan to investigate the issue, Trade Minister Kajiyama said.</p>\n<p>For one observer, the situation shows the dangers when bureaucrats become too powerful.</p>\n<p>“This is incredibly problematic,” said Nobuo Gohara, a lawyer and former prosecutor. “The trade ministry accumulated power during the lengthy Abe administration,” he said. “They think they can do whatever they like.”</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>‘Deeply Disturbing’ Toshiba Report Points to Powerful Figures</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‘Deeply Disturbing’ Toshiba Report Points to Powerful Figures\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/deeply-disturbing-toshiba-report-points-160000930.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Japan’s powerful trade ministry, the former head of investment at its giant pension fund, and even the current prime minister.\nThose are the actors portrayed in a detailed description ...</p>\n\n<a href=\"https://finance.yahoo.com/news/deeply-disturbing-toshiba-report-points-160000930.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PCOM":"Points International","TOSYY":"东芝","TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/deeply-disturbing-toshiba-report-points-160000930.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2143765982","content_text":"(Bloomberg) -- Japan’s powerful trade ministry, the former head of investment at its giant pension fund, and even the current prime minister.\nThose are the actors portrayed in a detailed description of how Toshiba Corp. allegedly tapped government allies to try to influence voting at its annual general meeting last year. Management at the more than 145-year-old manufacturer worked hand in hand with public officials in an attempt to sway the outcome, according to a 139-page report by three independent investigators elected by Toshiba stock holders to examine the issue.\nIt’s a rare public account of how Japan’s bureaucrats allegedly coordinated with a private company to exert control over foreign shareholders. While it’s unlikely to hurt Prime Minister Yoshihide Suga, it’s already having an impact on the iconic conglomerate and may have wider implications for corporate accountability in the country’s more than $6 trillion stock market.\nThe report is “surprising, disappointing, and in some areas, deeply disturbing,” four Toshiba board members -- George Raymond Zage III, Ayako Hirota Weissman, Paul J. Brough and Jerry Black -- said in a statement. On Monday, Chairman Osamu Nagayama said the board of directors “sincerely accepted” the points raised in the report, and would work to restore trust and transparency. The company said over the weekend it will drop two existing board members.\nIt’s the culmination of a months-long probe after Toshiba’s largest shareholder, Singapore-based hedge fund Effissimo Capital Management Pte., won a landmark vote calling for an independent investigation of alleged pressure on stock owners and issues with vote tabulation at the AGM. The three independent investigators, all lawyers, appointed under Effissimo’s shareholder proposal said they reviewed more than 778,000 emails and attachments. The report mentions in nine places that Toshiba acted “in unison” with the trade ministry against overseas investors.\nPrime Minister Suga was chief cabinet secretary at the time, one of the most powerful jobs in the government. He met with Nobuaki Kurumatani, then Toshiba’s chief executive officer, before the AGM, presumably for a briefing on the shareholder meeting, according to the report. Kurumatani confirmed he attended a meeting with Suga, but said he didn’t talk with him individually, according to the report.\nThe company was worried that foreign investors, which own a majority of its shares, would vote out management and appoint their own candidates.\nToshiba pointed to its statement over the weekend when asked to comment for this story.\nAt a later meeting with one of Kurumatani’s subordinates, Suga said Japan could use a new law to keep the overseas shareholders under control, according to the report. He was referring to the revised Foreign Exchange and Foreign Trade Act (FEA), which restricts overseas investment in certain industries that Japan says are core to national security. Toshiba management and the trade ministry were discussing the possibility of threatening to use the law to force Effissimo to divest its shares, the report said.\n“If we are aggressive, we can get them with the FEA,” Suga said, according to the report.\nSuga, who would become prime minister months later when Shinzo Abe surprisingly resigned, denied making the comments. “I know nothing of this,” he told reporters in Tokyo last week. “There was no such thing.”\nSuga’s alleged involvement has created unwelcome headlines at a time when the administration is already struggling with low approval ratings due to its handling of the pandemic and support of the publicly unpopular Olympics, but so far the impact on the prime minister has been limited. A senior government official pointed to Suga’s response last week when asked to comment for this story.\n“It’s unlikely to deal a heavy blow to the administration,” said Hajime Sakai, the chief fund manager at Mito Securities Co. in Tokyo. “It’s just one of many factors.”\nWhile Suga is only briefly mentioned in the report, a man referred to as Mr. M allegedly played a more central role.\nMr. M, it says, used his influence to stop Harvard University’s endowment, a Toshiba shareholder, from voting at the AGM. The trade ministry, to which Mr. M was an adviser at the time, had given Toshiba the name of Mr. M as someone with connections to the fund, a Toshiba executive said in the report. Mr. M had a series of calls with Harvard, seeking to get it to either side with management on proposals or not vote at all, according to the report.\nThe endowment later described to Toshiba’s audit committee a call that was “highly inappropriate in both content and timing,” according to the report. It didn’t identify the caller. Farallon Capital Management, which spoke with Harvard about the matter, said Mr. M made an “aggressive” call and Harvard was “threatened,” the report said. Mr. M pointed out “substantial risks” that Harvard might face. Ultimately, the endowment decided not to vote, it said.\nWhile Mr. M isn’t explicitly named in the report, he’s identified through a tweet that the report cites as Hiromichi Mizuno, one of Japan’s most celebrated finance gurus. The former private equity executive rose to fame in the investing world when he became chief investment officer of Japan’s $1.6 trillion Government Pension Investment Fund.\nTrade Minister Hiroshi Kajiyama referred to him by name last week when discussing the report. Kajiyama denied that the ministry had asked Mizuno to get involved, although he said Mizuno had given it advice on occasion. He said the report didn’t shed definitive light on what happened.\nA trade ministry spokesperson declined to comment for this story and pointed to Kajiyama’s comments on the report.\nReuters and the Financial Times previously reported on Mizuno’s involvement.\nMizuno, who’s currently a Tesla Inc. director and a United Nations special envoy, didn’t respond to requests for comment. In the Dec. 23 tweet cited by the report, he said it was “extremely regrettable” that a Reuters article, citing anonymous sources, portrayed him as threatening the fund.\n“It is easy to predict” that Mr. M, in his position as a trade ministry adviser, “would have a strong influence on the decisions of the foreign shareholders regarding the exercise of their voting rights,” the report said. Given its fiduciary duty, it was “highly unusual” for Harvard not to vote, it said. Harvard Management Co. declined to comment.\nBut beyond Mizuno, and aside from Toshiba’s management, a key player in the report is the trade ministry itself.\nFor longtime watchers of Japan, the ministry’s hands-on involvement in the matters of a private company may not come as such a shock. This, after all, is the organization that was often credited with orchestrating the rise of Japanese industry.\nThe ministry coordinated with Toshiba to employ a good cop, bad cop negotiating strategy in which the ministry “beat” Effissimo while Toshiba interacted “politely” with the fund, according to the report. Bureaucrats contacted other shareholders, seeking to influence how they voted. They threatened to use the new law if voting didn’t go the way they wanted, the report said.\nMaking recommendations for change wasn’t in the scope of the probe, and it’s not clear if there will be any legal fallout. Toshiba’s Nagayama said the company will examine the responsibility of former CEO Kurumatani, who didn’t respond to a text message seeking comment. The trade ministry doesn’t plan to investigate the issue, Trade Minister Kajiyama said.\nFor one observer, the situation shows the dangers when bureaucrats become too powerful.\n“This is incredibly problematic,” said Nobuo Gohara, a lawyer and former prosecutor. “The trade ministry accumulated power during the lengthy Abe administration,” he said. “They think they can do whatever they like.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":167437095,"gmtCreate":1624281625517,"gmtModify":1703832318116,"author":{"id":"3586844613112311","authorId":"3586844613112311","authorIdStr":"3586844613112311","name":"Laypheng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586844613112311"},"themes":[],"htmlText":"Wa","listText":"Wa","text":"Wa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167437095","repostId":"1154249454","repostType":4,"repost":{"id":"1154249454","pubTimestamp":1624230573,"share":"https://ttm.financial/m/news/1154249454?lang=&edition=fundamental","pubTime":"2021-06-21 07:09","market":"us","language":"en","title":"Nike, FedEx, Johnson & Johnson, Darden, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1154249454","media":"barrons","summary":"A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. Wednesday will also feature analyst days and investor events from Johnson & Johnson, GlaxoSmithKline,and Equinix.Economic data out this week include IHS’ Manufacturing and Services Purchasing Managers’ Indexes for June on Wednesday. Both are expected to hold near their record highs. The Census Bureau will r","content":"<p>A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. Wednesday will also feature analyst days and investor events from&nbsp;Johnson &amp;&nbsp;Johnson,&nbsp;GlaxoSmithKline,and&nbsp;Equinix.</p>\n<p>Economic data out this week include IHS’ Manufacturing and Services Purchasing Managers’ Indexes for June on Wednesday. Both are expected to hold near their record highs. The Census Bureau will release the durable-goods report for May on Thursday. Orders—often seen as a decent proxy for business investment—are expected to rise 3.3% month over month.</p>\n<p>And on Friday, the Bureau of Economic Analysis will report personal income and consumption for May. Spending is forecast to continue rising despite a drop off in income as stimulus checks finished being sent out in April.</p>\n<p>Monday 6/21</p>\n<p><b>The Federal Reserve Bank</b>of Chicago releases its National Activity index, a gauge of overall economic activity, for May. Expectations are for a 0.50 reading, higher than April’s 0.24 figure. A positive reading indicates economic growth that is above historical trends.</p>\n<p>Tuesday 6/22</p>\n<p><b>The National Association</b>of Realtors reports existing-home sales for May. Economists forecast a seasonally adjusted annual rate of 5.7 million homes sold, about 150,000 fewer than the April data. Existing-home sales have fallen for three consecutive months, as supply hasn’t been able to keep up with demand.</p>\n<p>Wednesday 6/23</p>\n<p>Equinix hosts its 2021 analyst day, when the company will update its long-term financial outlook.</p>\n<p>GlaxoSmithKline hosts a conference call, featuring its CEO, Emma Walmsley, to update investors on the company’s strategy for growth and shareholder value creation.</p>\n<p>Johnson &amp; Johnson hosts a webcast to discuss its ESG strategy.</p>\n<p><b>The Census Bureau</b>reports new residential construction data for May. Consensus estimate is for a seasonally adjusted annual rate of 875,000 new single-family homes sold, slightly higher than April’s 863,000. Similar to existing-home sales, new-home sales have fallen from their recent peak of 993,000 in January of this year.</p>\n<p><b>IHS Markitreports</b>both its Manufacturing and Services Purchasing Managers’ indexes for June. Expectations are for a 61.5 reading for the Manufacturing PMI, and a 69.8 figure for the Services PMI. Both projections are comparable to the May data as well as being near record highs for their respective indexes.</p>\n<p>Thursday 6/24</p>\n<p><b>The Bureau of Economic Analysis</b>reports the third and final estimate of first-quarter gross-domestic-product growth. Economists forecast a seasonally adjusted annual growth rate of 6.4%.</p>\n<p>Accenture,Darden Restaurants, FedEx, and Nike hold conference calls to discuss quarterly results.</p>\n<p><b>The Bank of England</b>announces its monetary-policy decision. The central bank is widely expected to keep its key interest rate at 0.1%.</p>\n<p><b>The Census Bureau</b>releases the durable-goods report for May. The consensus call is for new orders of manufactured goods to rise 2.8% month over month to $253 billion. Excluding transportation, new orders are projected at 1%, matching the April data.</p>\n<p>Friday 6/25</p>\n<p>CarMax and Paychex report earnings.</p>\n<p><b>The BEA reports</b>personal income and consumption for May. Income is expected to fall 3% month over month, after plummeting 13.1% in April. This reflects a dropoff in stimulus checks that first were sent out in March. Spending is seen rising 0.5%, comparable to the April data.</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>Nike, FedEx, Johnson & Johnson, Darden, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNike, FedEx, Johnson & Johnson, Darden, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 07:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nike-fedex-johnson-johnson-darden-and-other-stocks-for-investors-to-watch-this-week-51624215603?mod=hp_LEAD_3><strong>barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. ...</p>\n\n<a href=\"https://www.barrons.com/articles/nike-fedex-johnson-johnson-darden-and-other-stocks-for-investors-to-watch-this-week-51624215603?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":{"JNJ":"强生","FDX":"联邦快递","NKE":"耐克","DRI":"达登饭店"},"source_url":"https://www.barrons.com/articles/nike-fedex-johnson-johnson-darden-and-other-stocks-for-investors-to-watch-this-week-51624215603?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154249454","content_text":"A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. Wednesday will also feature analyst days and investor events from Johnson & Johnson, GlaxoSmithKline,and Equinix.\nEconomic data out this week include IHS’ Manufacturing and Services Purchasing Managers’ Indexes for June on Wednesday. Both are expected to hold near their record highs. The Census Bureau will release the durable-goods report for May on Thursday. Orders—often seen as a decent proxy for business investment—are expected to rise 3.3% month over month.\nAnd on Friday, the Bureau of Economic Analysis will report personal income and consumption for May. Spending is forecast to continue rising despite a drop off in income as stimulus checks finished being sent out in April.\nMonday 6/21\nThe Federal Reserve Bankof Chicago releases its National Activity index, a gauge of overall economic activity, for May. Expectations are for a 0.50 reading, higher than April’s 0.24 figure. A positive reading indicates economic growth that is above historical trends.\nTuesday 6/22\nThe National Associationof Realtors reports existing-home sales for May. Economists forecast a seasonally adjusted annual rate of 5.7 million homes sold, about 150,000 fewer than the April data. Existing-home sales have fallen for three consecutive months, as supply hasn’t been able to keep up with demand.\nWednesday 6/23\nEquinix hosts its 2021 analyst day, when the company will update its long-term financial outlook.\nGlaxoSmithKline hosts a conference call, featuring its CEO, Emma Walmsley, to update investors on the company’s strategy for growth and shareholder value creation.\nJohnson & Johnson hosts a webcast to discuss its ESG strategy.\nThe Census Bureaureports new residential construction data for May. Consensus estimate is for a seasonally adjusted annual rate of 875,000 new single-family homes sold, slightly higher than April’s 863,000. Similar to existing-home sales, new-home sales have fallen from their recent peak of 993,000 in January of this year.\nIHS Markitreportsboth its Manufacturing and Services Purchasing Managers’ indexes for June. Expectations are for a 61.5 reading for the Manufacturing PMI, and a 69.8 figure for the Services PMI. Both projections are comparable to the May data as well as being near record highs for their respective indexes.\nThursday 6/24\nThe Bureau of Economic Analysisreports the third and final estimate of first-quarter gross-domestic-product growth. Economists forecast a seasonally adjusted annual growth rate of 6.4%.\nAccenture,Darden Restaurants, FedEx, and Nike hold conference calls to discuss quarterly results.\nThe Bank of Englandannounces its monetary-policy decision. The central bank is widely expected to keep its key interest rate at 0.1%.\nThe Census Bureaureleases the durable-goods report for May. The consensus call is for new orders of manufactured goods to rise 2.8% month over month to $253 billion. Excluding transportation, new orders are projected at 1%, matching the April data.\nFriday 6/25\nCarMax and Paychex report earnings.\nThe BEA reportspersonal income and consumption for May. Income is expected to fall 3% month over month, after plummeting 13.1% in April. This reflects a dropoff in stimulus checks that first were sent out in March. Spending is seen rising 0.5%, comparable to the April data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167434849,"gmtCreate":1624281610081,"gmtModify":1703832317299,"author":{"id":"3586844613112311","authorId":"3586844613112311","authorIdStr":"3586844613112311","name":"Laypheng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586844613112311"},"themes":[],"htmlText":"Best","listText":"Best","text":"Best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167434849","repostId":"1164918098","repostType":4,"repost":{"id":"1164918098","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":1624276383,"share":"https://ttm.financial/m/news/1164918098?lang=&edition=fundamental","pubTime":"2021-06-21 19:53","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1164918098","media":"Tiger Newspress","summary":"Dow set to bounce after its worst weekly loss since October.\nBitcoin drops as China expands crypto m","content":"<ul>\n <li>Dow set to bounce after its worst weekly loss since October.</li>\n <li>Bitcoin drops as China expands crypto mining crackdown.</li>\n</ul>\n<p>(June 21)&nbsp;US equity futures and global stocks recovered some of their Friday losses after hitting a four-week low earlier in Monday's session, as investors dipped their toe and bought risk after last week’s surprise hawkish shift by the Fed even as the dollar hovered below a 10-week high. S&amp;P 500 futures rebounded after spending most of the Asia session in the red, while Europe's Stoxx 600 Index also recovered from an earlier loss, with U.K. grocer Wm Morrison Supermarkets surging&nbsp;32% after rejecting an unsolicited takeover bid, sending shares of peers Tesco Plc and J Sainsbury Plc higher.</p>\n<p>At 7:55AM ET the Dow futures contract was up just 185 points, or 0.55%, S&amp;P 500 futures traded 17 points, or 0.41%, higher, and Nasdaq 100 futures climbed 46.5&nbsp;points, or 0.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/a4ceef7ac430487cbff8fee43fc8f4d7\" tg-width=\"1242\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p><b>\"It just looks like a bit of relief rally following last week’s heavy sell-offs,</b>” said MUFG analyst Lee Hardman. “Market participants will be watching closely comments from Fed officials in the week ahead to see if any push back against hawkish market repricing following last week’s FOMC meeting”</p>\n<p>While meme stocks were once again bid, cryptocurrency-exposed stocks tumbled in U.S. premarket after Bitcoin crashed over the weekend and into Monday amid a fresh crackdown by China whose digital yuan is proving to be a total disaster so far, prompting Beijing to take out its anger on cryptocurrencies. Bitcoin dropped 10%, sliding below $33,000 amid weakening appetite for riskier assets and China ordered payment platform Alipay and domestic banks to not provide services linked to trading of virtual currencies. The Chinese city of Ya’an was&nbsp; said to have started a crackdown on crypto mining firms.</p>\n<p>As a result, Cryptocurrency-exposed stocks slumped: Riot Blockchain (RIOT) plunged 6.5% in&nbsp;premarket&nbsp;trading and Marathon Digital (MARA) drops 7%, while Coinbase (COIN) slips 2.3% and Ebang (EBON) declines 4.4%. Here are some other notable pre-movers today:</p>\n<ul>\n <li>Luokung Technology (LKCO) climbs nearly&nbsp;14% after announcing its eMapgo Technologies unit won a contract to provide a traffic control network in China’s Jiangxi Province.</li>\n <li><img src=\"https://static.tigerbbs.com/2487421aafcc3f130d1d3ead0fbf9319\" tg-width=\"719\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></li>\n <li>Raven Industries surges 48% after the Agnelli family’s CNH Industrial agreed to buy the U.S. precision agriculture-technology company for about $2.1 billion.</li>\n <li>Torchlight Energy Resources (TRCH) jumped as much as 63% after the stock was touted on Reddit as a potential short squeeze. Other meme stocks also climbed: AMC Entertainment (AMC) advances 3.4% and GameStop (GME) gains 1.8%, while Clover Health (CLOV) rises 1%.</li>\n <li></li>\n</ul>\n<p><b>Stocks making the biggest moves in the premarket: MicroStrategy, Coinbase, Raven Industries &amp; more</b></p>\n<p><b>1)&nbsp;MicroStrategy(MSTR)</b> – MicroStrategy shares tumbled 8.7% in premarket trading amid a slide in bitcoin prices following the expansion ofChina’s crackdown on bitcoin mining. The business analytics company is among the biggest corporate investors in bitcoin, with several billion dollars in holdings on its books.</p>\n<p><b>2)&nbsp;Coinbase(COIN)</b> – The cryptocurrency platform’s stock slid 3% in premarket action, also hit by the drop in cryptocurrencies amid the latest actions by the Chinese government.</p>\n<p><b>3)&nbsp;Raven Industries(RAVN)</b> – Raven agreed to be bought by fellow agricultural equipment makerCNH Industrial(CNHI) for $58 per share, or $2.1 billion, compared to Raven’s Friday close of $38.62 per share. The stock soared 49.7% in premarket trading.</p>\n<p><b>4)&nbsp;ZipRecruiter(ZIP) </b>– The jobs website operator’s shares rose 2.8% in the premarket after Goldman Sachs rated it “buy” in new coverage and Evercore began coverage with a rating of “outperform.” The upbeat assessments cite ZipRecruiter’s growth prospects and ability to disrupt the employment market.</p>\n<p><b>5)&nbsp;HSBC(HSBC)</b> – HSBC sold its French retail bank to private-equity firm Cerberus Capital for 1 euro, and expects to book a $3 billion loss after unloading the unprofitable operation.</p>\n<p><b>6)&nbsp;Pershing Square Tontine Holdings(PSTH) </b>– The SPAC controlled by billionaire investor Bill Ackmanfinalized a dealto buy a 10% stake in Universal Music from Vivendi. The deal values Universal Music – the world’s largest music company – at about $40 billion. Shares gained 1.1% in the premarket.</p>\n<p><b>7)&nbsp;GlaxoSmithKline(GSK) </b>– Glaxo is set to cut its dividend, according to a report in the U.K.’s Daily Mail newspaper. The drugmaker will hold an investor event on Wednesday, and the paper said a cut of as much as 50% will be revealed at that meeting.</p>\n<p><b>8)&nbsp;Tesla(TSLA)</b> – Former Tesla executive Jerome Guillen sold about $274 million in Tesla shares since June 10, according to a Securities and Exchange Commission filing. Guillen left Tesla earlier this month after 11 years, most recently running the company’s Tesla Heavy Trucking unit.</p>\n<p><b>9)&nbsp;American Airlines(AAL)</b> – American Airlineswill cut planned flights for the first half of Julyby about 950 flights, or 1%, to relieve strains on its operations as it deals with the sharp rebound in travel demand.</p>\n<p><b>10)&nbsp;Westlake Chemical(WLK)</b> – Westlake will buy the North American building products business of Australia’s Boral for $2.15 billion. Westlake said the acquisition will boost its presence in products like roofing and siding, and that it will be accretive to earnings during the first year.</p>\n<p><b>11)&nbsp;Amazon.com(AMZN) </b>– Amazon’stwo-day Prime Day eventis underway, the first time the event has been held in June. A number of other major retailers – includingWalmart(WMT),Target(TGT),Kohl’s(KSS),Macy’s(M) andCostco(COST) are holding competing sales events this week.</p>\n<p><b>12)&nbsp;Boston Beer(SAM)</b> – Guggenheim repeated its “buy” recommendation on the Sam Adams beer brewer, and elevated it to “top pick” status. Guggenheim notes a depressed valuation, easier retail comps beginning in June and underappreciated growth prospects for the Truly hard seltzer brand.</p>\n<p><b>Big&nbsp;News</b></p>\n<p><b>1、Prime Day begins as retail faces supply chain disruptions</b></p>\n<p>Amazon’s Prime Daykicked off Mondayafter the e-commerce giant delayed its massive summer sale to October last year due to the pandemic. Prime Day 2020 pulled in $10.4 billion, according to Digital Commerce 360, a 45% increase from the prior year’s two-day event. This year’s Prime Day comes as retail industry grapples with widespread global supply chain disruptions, caused in part by the ripple effects of pandemic-mandated factory closures as well as labor shortages. A recent Covid outbreak in the southern Chinese province of Guangdong has compounded the problem.</p>\n<p><b>2、American&nbsp;Airlines cancels another hundred flights Monday</b></p>\n<p>As travel demand surges toward pre-pandemic levels,American&nbsp;Airlinescanceled another hundred flights Monday afterscrapping hundreds over the weekenddue to staffing shortages, maintenance and other issues. American said it’s trimming its overall schedule by about 1% through mid-July to help ease some of&nbsp;the strain on its operations. The carrier blamed some of the&nbsp;recent&nbsp;problems on scheduling complications&nbsp;stemming from&nbsp;bad weather at its Charlotte and Dallas/Fort Worth hubs during the first half of June. American is also racing to train all of the pilots it furloughed in between two federal aid packages that prohibited layoffs as well as aviators due for periodic recurrent training.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-21 19:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Dow set to bounce after its worst weekly loss since October.</li>\n <li>Bitcoin drops as China expands crypto mining crackdown.</li>\n</ul>\n<p>(June 21)&nbsp;US equity futures and global stocks recovered some of their Friday losses after hitting a four-week low earlier in Monday's session, as investors dipped their toe and bought risk after last week’s surprise hawkish shift by the Fed even as the dollar hovered below a 10-week high. S&amp;P 500 futures rebounded after spending most of the Asia session in the red, while Europe's Stoxx 600 Index also recovered from an earlier loss, with U.K. grocer Wm Morrison Supermarkets surging&nbsp;32% after rejecting an unsolicited takeover bid, sending shares of peers Tesco Plc and J Sainsbury Plc higher.</p>\n<p>At 7:55AM ET the Dow futures contract was up just 185 points, or 0.55%, S&amp;P 500 futures traded 17 points, or 0.41%, higher, and Nasdaq 100 futures climbed 46.5&nbsp;points, or 0.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/a4ceef7ac430487cbff8fee43fc8f4d7\" tg-width=\"1242\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p><b>\"It just looks like a bit of relief rally following last week’s heavy sell-offs,</b>” said MUFG analyst Lee Hardman. “Market participants will be watching closely comments from Fed officials in the week ahead to see if any push back against hawkish market repricing following last week’s FOMC meeting”</p>\n<p>While meme stocks were once again bid, cryptocurrency-exposed stocks tumbled in U.S. premarket after Bitcoin crashed over the weekend and into Monday amid a fresh crackdown by China whose digital yuan is proving to be a total disaster so far, prompting Beijing to take out its anger on cryptocurrencies. Bitcoin dropped 10%, sliding below $33,000 amid weakening appetite for riskier assets and China ordered payment platform Alipay and domestic banks to not provide services linked to trading of virtual currencies. The Chinese city of Ya’an was&nbsp; said to have started a crackdown on crypto mining firms.</p>\n<p>As a result, Cryptocurrency-exposed stocks slumped: Riot Blockchain (RIOT) plunged 6.5% in&nbsp;premarket&nbsp;trading and Marathon Digital (MARA) drops 7%, while Coinbase (COIN) slips 2.3% and Ebang (EBON) declines 4.4%. Here are some other notable pre-movers today:</p>\n<ul>\n <li>Luokung Technology (LKCO) climbs nearly&nbsp;14% after announcing its eMapgo Technologies unit won a contract to provide a traffic control network in China’s Jiangxi Province.</li>\n <li><img src=\"https://static.tigerbbs.com/2487421aafcc3f130d1d3ead0fbf9319\" tg-width=\"719\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></li>\n <li>Raven Industries surges 48% after the Agnelli family’s CNH Industrial agreed to buy the U.S. precision agriculture-technology company for about $2.1 billion.</li>\n <li>Torchlight Energy Resources (TRCH) jumped as much as 63% after the stock was touted on Reddit as a potential short squeeze. Other meme stocks also climbed: AMC Entertainment (AMC) advances 3.4% and GameStop (GME) gains 1.8%, while Clover Health (CLOV) rises 1%.</li>\n <li></li>\n</ul>\n<p><b>Stocks making the biggest moves in the premarket: MicroStrategy, Coinbase, Raven Industries &amp; more</b></p>\n<p><b>1)&nbsp;MicroStrategy(MSTR)</b> – MicroStrategy shares tumbled 8.7% in premarket trading amid a slide in bitcoin prices following the expansion ofChina’s crackdown on bitcoin mining. The business analytics company is among the biggest corporate investors in bitcoin, with several billion dollars in holdings on its books.</p>\n<p><b>2)&nbsp;Coinbase(COIN)</b> – The cryptocurrency platform’s stock slid 3% in premarket action, also hit by the drop in cryptocurrencies amid the latest actions by the Chinese government.</p>\n<p><b>3)&nbsp;Raven Industries(RAVN)</b> – Raven agreed to be bought by fellow agricultural equipment makerCNH Industrial(CNHI) for $58 per share, or $2.1 billion, compared to Raven’s Friday close of $38.62 per share. The stock soared 49.7% in premarket trading.</p>\n<p><b>4)&nbsp;ZipRecruiter(ZIP) </b>– The jobs website operator’s shares rose 2.8% in the premarket after Goldman Sachs rated it “buy” in new coverage and Evercore began coverage with a rating of “outperform.” The upbeat assessments cite ZipRecruiter’s growth prospects and ability to disrupt the employment market.</p>\n<p><b>5)&nbsp;HSBC(HSBC)</b> – HSBC sold its French retail bank to private-equity firm Cerberus Capital for 1 euro, and expects to book a $3 billion loss after unloading the unprofitable operation.</p>\n<p><b>6)&nbsp;Pershing Square Tontine Holdings(PSTH) </b>– The SPAC controlled by billionaire investor Bill Ackmanfinalized a dealto buy a 10% stake in Universal Music from Vivendi. The deal values Universal Music – the world’s largest music company – at about $40 billion. Shares gained 1.1% in the premarket.</p>\n<p><b>7)&nbsp;GlaxoSmithKline(GSK) </b>– Glaxo is set to cut its dividend, according to a report in the U.K.’s Daily Mail newspaper. The drugmaker will hold an investor event on Wednesday, and the paper said a cut of as much as 50% will be revealed at that meeting.</p>\n<p><b>8)&nbsp;Tesla(TSLA)</b> – Former Tesla executive Jerome Guillen sold about $274 million in Tesla shares since June 10, according to a Securities and Exchange Commission filing. Guillen left Tesla earlier this month after 11 years, most recently running the company’s Tesla Heavy Trucking unit.</p>\n<p><b>9)&nbsp;American Airlines(AAL)</b> – American Airlineswill cut planned flights for the first half of Julyby about 950 flights, or 1%, to relieve strains on its operations as it deals with the sharp rebound in travel demand.</p>\n<p><b>10)&nbsp;Westlake Chemical(WLK)</b> – Westlake will buy the North American building products business of Australia’s Boral for $2.15 billion. Westlake said the acquisition will boost its presence in products like roofing and siding, and that it will be accretive to earnings during the first year.</p>\n<p><b>11)&nbsp;Amazon.com(AMZN) </b>– Amazon’stwo-day Prime Day eventis underway, the first time the event has been held in June. A number of other major retailers – includingWalmart(WMT),Target(TGT),Kohl’s(KSS),Macy’s(M) andCostco(COST) are holding competing sales events this week.</p>\n<p><b>12)&nbsp;Boston Beer(SAM)</b> – Guggenheim repeated its “buy” recommendation on the Sam Adams beer brewer, and elevated it to “top pick” status. Guggenheim notes a depressed valuation, easier retail comps beginning in June and underappreciated growth prospects for the Truly hard seltzer brand.</p>\n<p><b>Big&nbsp;News</b></p>\n<p><b>1、Prime Day begins as retail faces supply chain disruptions</b></p>\n<p>Amazon’s Prime Daykicked off Mondayafter the e-commerce giant delayed its massive summer sale to October last year due to the pandemic. Prime Day 2020 pulled in $10.4 billion, according to Digital Commerce 360, a 45% increase from the prior year’s two-day event. This year’s Prime Day comes as retail industry grapples with widespread global supply chain disruptions, caused in part by the ripple effects of pandemic-mandated factory closures as well as labor shortages. A recent Covid outbreak in the southern Chinese province of Guangdong has compounded the problem.</p>\n<p><b>2、American&nbsp;Airlines cancels another hundred flights Monday</b></p>\n<p>As travel demand surges toward pre-pandemic levels,American&nbsp;Airlinescanceled another hundred flights Monday afterscrapping hundreds over the weekenddue to staffing shortages, maintenance and other issues. American said it’s trimming its overall schedule by about 1% through mid-July to help ease some of&nbsp;the strain on its operations. The carrier blamed some of the&nbsp;recent&nbsp;problems on scheduling complications&nbsp;stemming from&nbsp;bad weather at its Charlotte and Dallas/Fort Worth hubs during the first half of June. American is also racing to train all of the pilots it furloughed in between two federal aid packages that prohibited layoffs as well as aviators due for periodic recurrent training.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164918098","content_text":"Dow set to bounce after its worst weekly loss since October.\nBitcoin drops as China expands crypto mining crackdown.\n\n(June 21) US equity futures and global stocks recovered some of their Friday losses after hitting a four-week low earlier in Monday's session, as investors dipped their toe and bought risk after last week’s surprise hawkish shift by the Fed even as the dollar hovered below a 10-week high. S&P 500 futures rebounded after spending most of the Asia session in the red, while Europe's Stoxx 600 Index also recovered from an earlier loss, with U.K. grocer Wm Morrison Supermarkets surging 32% after rejecting an unsolicited takeover bid, sending shares of peers Tesco Plc and J Sainsbury Plc higher.\nAt 7:55AM ET the Dow futures contract was up just 185 points, or 0.55%, S&P 500 futures traded 17 points, or 0.41%, higher, and Nasdaq 100 futures climbed 46.5 points, or 0.33%.\n\n\"It just looks like a bit of relief rally following last week’s heavy sell-offs,” said MUFG analyst Lee Hardman. “Market participants will be watching closely comments from Fed officials in the week ahead to see if any push back against hawkish market repricing following last week’s FOMC meeting”\nWhile meme stocks were once again bid, cryptocurrency-exposed stocks tumbled in U.S. premarket after Bitcoin crashed over the weekend and into Monday amid a fresh crackdown by China whose digital yuan is proving to be a total disaster so far, prompting Beijing to take out its anger on cryptocurrencies. Bitcoin dropped 10%, sliding below $33,000 amid weakening appetite for riskier assets and China ordered payment platform Alipay and domestic banks to not provide services linked to trading of virtual currencies. The Chinese city of Ya’an was  said to have started a crackdown on crypto mining firms.\nAs a result, Cryptocurrency-exposed stocks slumped: Riot Blockchain (RIOT) plunged 6.5% in premarket trading and Marathon Digital (MARA) drops 7%, while Coinbase (COIN) slips 2.3% and Ebang (EBON) declines 4.4%. Here are some other notable pre-movers today:\n\nLuokung Technology (LKCO) climbs nearly 14% after announcing its eMapgo Technologies unit won a contract to provide a traffic control network in China’s Jiangxi Province.\n\nRaven Industries surges 48% after the Agnelli family’s CNH Industrial agreed to buy the U.S. precision agriculture-technology company for about $2.1 billion.\nTorchlight Energy Resources (TRCH) jumped as much as 63% after the stock was touted on Reddit as a potential short squeeze. Other meme stocks also climbed: AMC Entertainment (AMC) advances 3.4% and GameStop (GME) gains 1.8%, while Clover Health (CLOV) rises 1%.\n\n\nStocks making the biggest moves in the premarket: MicroStrategy, Coinbase, Raven Industries & more\n1) MicroStrategy(MSTR) – MicroStrategy shares tumbled 8.7% in premarket trading amid a slide in bitcoin prices following the expansion ofChina’s crackdown on bitcoin mining. The business analytics company is among the biggest corporate investors in bitcoin, with several billion dollars in holdings on its books.\n2) Coinbase(COIN) – The cryptocurrency platform’s stock slid 3% in premarket action, also hit by the drop in cryptocurrencies amid the latest actions by the Chinese government.\n3) Raven Industries(RAVN) – Raven agreed to be bought by fellow agricultural equipment makerCNH Industrial(CNHI) for $58 per share, or $2.1 billion, compared to Raven’s Friday close of $38.62 per share. The stock soared 49.7% in premarket trading.\n4) ZipRecruiter(ZIP) – The jobs website operator’s shares rose 2.8% in the premarket after Goldman Sachs rated it “buy” in new coverage and Evercore began coverage with a rating of “outperform.” The upbeat assessments cite ZipRecruiter’s growth prospects and ability to disrupt the employment market.\n5) HSBC(HSBC) – HSBC sold its French retail bank to private-equity firm Cerberus Capital for 1 euro, and expects to book a $3 billion loss after unloading the unprofitable operation.\n6) Pershing Square Tontine Holdings(PSTH) – The SPAC controlled by billionaire investor Bill Ackmanfinalized a dealto buy a 10% stake in Universal Music from Vivendi. The deal values Universal Music – the world’s largest music company – at about $40 billion. Shares gained 1.1% in the premarket.\n7) GlaxoSmithKline(GSK) – Glaxo is set to cut its dividend, according to a report in the U.K.’s Daily Mail newspaper. The drugmaker will hold an investor event on Wednesday, and the paper said a cut of as much as 50% will be revealed at that meeting.\n8) Tesla(TSLA) – Former Tesla executive Jerome Guillen sold about $274 million in Tesla shares since June 10, according to a Securities and Exchange Commission filing. Guillen left Tesla earlier this month after 11 years, most recently running the company’s Tesla Heavy Trucking unit.\n9) American Airlines(AAL) – American Airlineswill cut planned flights for the first half of Julyby about 950 flights, or 1%, to relieve strains on its operations as it deals with the sharp rebound in travel demand.\n10) Westlake Chemical(WLK) – Westlake will buy the North American building products business of Australia’s Boral for $2.15 billion. Westlake said the acquisition will boost its presence in products like roofing and siding, and that it will be accretive to earnings during the first year.\n11) Amazon.com(AMZN) – Amazon’stwo-day Prime Day eventis underway, the first time the event has been held in June. A number of other major retailers – includingWalmart(WMT),Target(TGT),Kohl’s(KSS),Macy’s(M) andCostco(COST) are holding competing sales events this week.\n12) Boston Beer(SAM) – Guggenheim repeated its “buy” recommendation on the Sam Adams beer brewer, and elevated it to “top pick” status. Guggenheim notes a depressed valuation, easier retail comps beginning in June and underappreciated growth prospects for the Truly hard seltzer brand.\nBig News\n1、Prime Day begins as retail faces supply chain disruptions\nAmazon’s Prime Daykicked off Mondayafter the e-commerce giant delayed its massive summer sale to October last year due to the pandemic. Prime Day 2020 pulled in $10.4 billion, according to Digital Commerce 360, a 45% increase from the prior year’s two-day event. This year’s Prime Day comes as retail industry grapples with widespread global supply chain disruptions, caused in part by the ripple effects of pandemic-mandated factory closures as well as labor shortages. A recent Covid outbreak in the southern Chinese province of Guangdong has compounded the problem.\n2、American Airlines cancels another hundred flights Monday\nAs travel demand surges toward pre-pandemic levels,American Airlinescanceled another hundred flights Monday afterscrapping hundreds over the weekenddue to staffing shortages, maintenance and other issues. American said it’s trimming its overall schedule by about 1% through mid-July to help ease some of the strain on its operations. The carrier blamed some of the recent problems on scheduling complications stemming from bad weather at its Charlotte and Dallas/Fort Worth hubs during the first half of June. American is also racing to train all of the pilots it furloughed in between two federal aid packages that prohibited layoffs as well as aviators due for periodic recurrent training.","news_type":1},"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167430046,"gmtCreate":1624281309585,"gmtModify":1703832306969,"author":{"id":"3586844613112311","authorId":"3586844613112311","authorIdStr":"3586844613112311","name":"Laypheng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586844613112311"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167430046","repostId":"1157580942","repostType":4,"repost":{"id":"1157580942","pubTimestamp":1624280021,"share":"https://ttm.financial/m/news/1157580942?lang=&edition=fundamental","pubTime":"2021-06-21 20:53","market":"us","language":"en","title":"PPT Assemble: Biden Summons Powell, Yellen, Gensler After Market Rout","url":"https://stock-news.laohu8.com/highlight/detail?id=1157580942","media":"zerohedge","summary":"Did President Joe Biden just call an emergency meeting of the PPT after the Dow's worst week in 8 months?","content":"<p>Did President Joe Biden just call an emergency meeting of the PPT?</p>\n<p>Bloomberg reported Monday morning that Treasury Secretary Janet Yellen and a coterie of senior financial regulators have been summoned to a meeting with President Biden at the White House<b>following last week's selloff, which marked the worst week for the Dow in eight months.</b></p>\n<blockquote>\n Federal Reserve Chief Jerome Powell, Treasury Secretary Janet Yellen, Acting Chairman of the Commodity Futures Trading Commission Rostin Behnam will attend meeting with President Biden today.Attendees also include:\n</blockquote>\n<p>The meeting, set for Tuesday, has been called to<b>discuss \"the state of the country's financial system and institutions\",</b>including discussions of climate risk and \"financial inclusion\".</p>\n<p><img src=\"https://static.tigerbbs.com/370a41562d7254377e2252191c713e20\" tg-width=\"517\" tg-height=\"333\" referrerpolicy=\"no-referrer\">Now that the FOMC has signaled that the 'tapering talk' has finally begun via the latest hawkish tilt in its dot plot, released after the close of last week's two-day policy meeting, it's clear that America's economic policymakers are growing increasingly nervous about market stability, given last week's reaction to the Fed. As Lance Roberts pointed out, the implications of tapering are clear: it's positive for rates, and negative for equities.</p>\n<p><img src=\"https://static.tigerbbs.com/d8e1f7b0023a0bca720afb4bb5822567\" tg-width=\"500\" tg-height=\"249\" referrerpolicy=\"no-referrer\">And with President Biden preparing to raise taxes to finance his \"Build Back Better\" program of \"infrastructure\" investment, it's clearly in the White House's interest to do whatever it can to ensure an orderly market transition to the rising rate regime.</p>\n<p>It's not like the PPT has been entirely absent from markets: wehave already seensuspected PPT interventions this year.</p>\n<p>If our instincts are correct, this would markthe first meeting of the PPT since a call to discuss \"market conditions\"held last March as equity markets were in the middle of a brutal (if short-lived) bear market.</p>\n<p>Powell is also expected to testify before Congress tomorrow in his latest testimony on the economy as required by the COVID stimulus.</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>PPT Assemble: Biden Summons Powell, Yellen, Gensler After Market Rout</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\">\nPPT Assemble: Biden Summons Powell, Yellen, Gensler After Market Rout\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 20:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/ppt-assemble-biden-summons-powel-yellen-gensler-after-market-rout><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Did President Joe Biden just call an emergency meeting of the PPT?\nBloomberg reported Monday morning that Treasury Secretary Janet Yellen and a coterie of senior financial regulators have been ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/ppt-assemble-biden-summons-powel-yellen-gensler-after-market-rout\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/ppt-assemble-biden-summons-powel-yellen-gensler-after-market-rout","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157580942","content_text":"Did President Joe Biden just call an emergency meeting of the PPT?\nBloomberg reported Monday morning that Treasury Secretary Janet Yellen and a coterie of senior financial regulators have been summoned to a meeting with President Biden at the White Housefollowing last week's selloff, which marked the worst week for the Dow in eight months.\n\n Federal Reserve Chief Jerome Powell, Treasury Secretary Janet Yellen, Acting Chairman of the Commodity Futures Trading Commission Rostin Behnam will attend meeting with President Biden today.Attendees also include:\n\nThe meeting, set for Tuesday, has been called todiscuss \"the state of the country's financial system and institutions\",including discussions of climate risk and \"financial inclusion\".\nNow that the FOMC has signaled that the 'tapering talk' has finally begun via the latest hawkish tilt in its dot plot, released after the close of last week's two-day policy meeting, it's clear that America's economic policymakers are growing increasingly nervous about market stability, given last week's reaction to the Fed. As Lance Roberts pointed out, the implications of tapering are clear: it's positive for rates, and negative for equities.\nAnd with President Biden preparing to raise taxes to finance his \"Build Back Better\" program of \"infrastructure\" investment, it's clearly in the White House's interest to do whatever it can to ensure an orderly market transition to the rising rate regime.\nIt's not like the PPT has been entirely absent from markets: wehave already seensuspected PPT interventions this year.\nIf our instincts are correct, this would markthe first meeting of the PPT since a call to discuss \"market conditions\"held last March as equity markets were in the middle of a brutal (if short-lived) bear market.\nPowell is also expected to testify before Congress tomorrow in his latest testimony on the economy as required by the COVID stimulus.","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169281910,"gmtCreate":1623837853030,"gmtModify":1703820954526,"author":{"id":"3586844613112311","authorId":"3586844613112311","authorIdStr":"3586844613112311","name":"Laypheng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586844613112311"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169281910","repostId":"2143765982","repostType":4,"repost":{"id":"2143765982","pubTimestamp":1623836400,"share":"https://ttm.financial/m/news/2143765982?lang=&edition=fundamental","pubTime":"2021-06-16 17:40","market":"us","language":"en","title":"‘Deeply Disturbing’ Toshiba Report Points to Powerful Figures","url":"https://stock-news.laohu8.com/highlight/detail?id=2143765982","media":"Bloomberg","summary":"(Bloomberg) -- Japan’s powerful trade ministry, the former head of investment at its giant pension f","content":"<p>(Bloomberg) -- Japan’s powerful trade ministry, the former head of investment at its giant pension fund, and even the current prime minister.</p>\n<p>Those are the actors portrayed in a detailed description of how Toshiba Corp. allegedly tapped government allies to try to influence voting at its annual general meeting last year. Management at the more than 145-year-old manufacturer worked hand in hand with public officials in an attempt to sway the outcome, according to a 139-page report by three independent investigators elected by Toshiba stock holders to examine the issue.</p>\n<p>It’s a rare public account of how Japan’s bureaucrats allegedly coordinated with a private company to exert control over foreign shareholders. While it’s unlikely to hurt Prime Minister Yoshihide Suga, it’s already having an impact on the iconic conglomerate and may have wider implications for corporate accountability in the country’s more than $6 trillion stock market.</p>\n<p>The report is “surprising, disappointing, and in some areas, deeply disturbing,” four Toshiba board members -- George Raymond Zage III, Ayako Hirota Weissman, Paul J. Brough and Jerry Black -- said in a statement. On Monday, Chairman Osamu Nagayama said the board of directors “sincerely accepted” the points raised in the report, and would work to restore trust and transparency. The company said over the weekend it will drop two existing board members.</p>\n<p>It’s the culmination of a months-long probe after Toshiba’s largest shareholder, Singapore-based hedge fund Effissimo Capital Management Pte., won a landmark vote calling for an independent investigation of alleged pressure on stock owners and issues with vote tabulation at the AGM. The three independent investigators, all lawyers, appointed under Effissimo’s shareholder proposal said they reviewed more than 778,000 emails and attachments. The report mentions in nine places that Toshiba acted “in unison” with the trade ministry against overseas investors.</p>\n<p>Prime Minister Suga was chief cabinet secretary at the time, <a href=\"https://laohu8.com/S/AONE\">one</a> of the most powerful jobs in the government. He met with Nobuaki Kurumatani, then Toshiba’s chief executive officer, before the AGM, presumably for a briefing on the shareholder meeting, according to the report. Kurumatani confirmed he attended a meeting with Suga, but said he didn’t talk with him individually, according to the report.</p>\n<p>The company was worried that foreign investors, which own a majority of its shares, would vote out management and appoint their own candidates.</p>\n<p>Toshiba pointed to its statement over the weekend when asked to comment for this story.</p>\n<p>At a later meeting with <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Kurumatani’s subordinates, Suga said Japan could use a new law to keep the overseas shareholders under control, according to the report. He was referring to the revised Foreign Exchange and Foreign Trade Act (FEA), which restricts overseas investment in certain industries that Japan says are core to national security. Toshiba management and the trade ministry were discussing the possibility of threatening to use the law to force Effissimo to divest its shares, the report said.</p>\n<p>“If we are aggressive, we can get them with the FEA,” Suga said, according to the report.</p>\n<p>Suga, who would become prime minister months later when Shinzo Abe surprisingly resigned, denied making the comments. “I know nothing of this,” he told reporters in Tokyo last week. “There was no such thing.”</p>\n<p>Suga’s alleged involvement has created unwelcome headlines at a time when the administration is already struggling with low approval ratings due to its handling of the pandemic and support of the publicly unpopular Olympics, but so far the impact on the prime minister has been limited. A senior government official pointed to Suga’s response last week when asked to comment for this story.</p>\n<p>“It’s unlikely to deal a heavy blow to the administration,” said Hajime Sakai, the chief fund manager at Mito Securities Co. in Tokyo. “It’s just one of many factors.”</p>\n<p>While Suga is only briefly mentioned in the report, a man referred to as Mr. M allegedly played a more central role.</p>\n<p>Mr. M, it says, used his influence to stop Harvard University’s endowment, a Toshiba shareholder, from voting at the AGM. The trade ministry, to which Mr. M was an adviser at the time, had given Toshiba the name of Mr. M as someone with connections to the fund, a Toshiba executive said in the report. Mr. M had a series of calls with Harvard, seeking to get it to either side with management on proposals or not vote at all, according to the report.</p>\n<p>The endowment later described to Toshiba’s audit committee a call that was “highly inappropriate in both content and timing,” according to the report. It didn’t identify the caller. Farallon Capital Management, which spoke with Harvard about the matter, said Mr. M made an “aggressive” call and Harvard was “threatened,” the report said. Mr. M pointed out “substantial risks” that Harvard might face. Ultimately, the endowment decided not to vote, it said.</p>\n<p>While Mr. M isn’t explicitly named in the report, he’s identified through a tweet that the report cites as Hiromichi Mizuno, one of Japan’s most celebrated finance gurus. The former private equity executive rose to fame in the investing world when he became chief investment officer of Japan’s $1.6 trillion Government Pension Investment Fund.</p>\n<p>Trade Minister Hiroshi Kajiyama referred to him by name last week when discussing the report. Kajiyama denied that the ministry had asked Mizuno to get involved, although he said Mizuno had given it advice on occasion. He said the report didn’t shed definitive light on what happened.</p>\n<p>A trade ministry spokesperson declined to comment for this story and pointed to Kajiyama’s comments on the report.</p>\n<p>Reuters and the Financial Times previously reported on Mizuno’s involvement.</p>\n<p>Mizuno, who’s currently a Tesla Inc. director and a United Nations special envoy, didn’t respond to requests for comment. In the Dec. 23 tweet cited by the report, he said it was “extremely regrettable” that a Reuters article, citing anonymous sources, portrayed him as threatening the fund.</p>\n<p>“It is easy to predict” that Mr. M, in his position as a trade ministry adviser, “would have a strong influence on the decisions of the foreign shareholders regarding the exercise of their voting rights,” the report said. Given its fiduciary duty, it was “highly unusual” for Harvard not to vote, it said. Harvard Management Co. declined to comment.</p>\n<p>But beyond Mizuno, and aside from Toshiba’s management, a key player in the report is the trade ministry itself.</p>\n<p>For longtime watchers of Japan, the ministry’s hands-on involvement in the matters of a private company may not come as such a shock. This, after all, is the organization that was often credited with orchestrating the rise of Japanese industry.</p>\n<p>The ministry coordinated with Toshiba to employ a good cop, bad cop negotiating strategy in which the ministry “beat” Effissimo while Toshiba interacted “politely” with the fund, according to the report. Bureaucrats contacted other shareholders, seeking to influence how they voted. They threatened to use the new law if voting didn’t go the way they wanted, the report said.</p>\n<p>Making recommendations for change wasn’t in the scope of the probe, and it’s not clear if there will be any legal fallout. Toshiba’s Nagayama said the company will examine the responsibility of former CEO Kurumatani, who didn’t respond to a text message seeking comment. The trade ministry doesn’t plan to investigate the issue, Trade Minister Kajiyama said.</p>\n<p>For one observer, the situation shows the dangers when bureaucrats become too powerful.</p>\n<p>“This is incredibly problematic,” said Nobuo Gohara, a lawyer and former prosecutor. “The trade ministry accumulated power during the lengthy Abe administration,” he said. “They think they can do whatever they like.”</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>‘Deeply Disturbing’ Toshiba Report Points to Powerful Figures</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‘Deeply Disturbing’ Toshiba Report Points to Powerful Figures\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/deeply-disturbing-toshiba-report-points-160000930.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Japan’s powerful trade ministry, the former head of investment at its giant pension fund, and even the current prime minister.\nThose are the actors portrayed in a detailed description ...</p>\n\n<a href=\"https://finance.yahoo.com/news/deeply-disturbing-toshiba-report-points-160000930.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PCOM":"Points International","TOSYY":"东芝","TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/deeply-disturbing-toshiba-report-points-160000930.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2143765982","content_text":"(Bloomberg) -- Japan’s powerful trade ministry, the former head of investment at its giant pension fund, and even the current prime minister.\nThose are the actors portrayed in a detailed description of how Toshiba Corp. allegedly tapped government allies to try to influence voting at its annual general meeting last year. Management at the more than 145-year-old manufacturer worked hand in hand with public officials in an attempt to sway the outcome, according to a 139-page report by three independent investigators elected by Toshiba stock holders to examine the issue.\nIt’s a rare public account of how Japan’s bureaucrats allegedly coordinated with a private company to exert control over foreign shareholders. While it’s unlikely to hurt Prime Minister Yoshihide Suga, it’s already having an impact on the iconic conglomerate and may have wider implications for corporate accountability in the country’s more than $6 trillion stock market.\nThe report is “surprising, disappointing, and in some areas, deeply disturbing,” four Toshiba board members -- George Raymond Zage III, Ayako Hirota Weissman, Paul J. Brough and Jerry Black -- said in a statement. On Monday, Chairman Osamu Nagayama said the board of directors “sincerely accepted” the points raised in the report, and would work to restore trust and transparency. The company said over the weekend it will drop two existing board members.\nIt’s the culmination of a months-long probe after Toshiba’s largest shareholder, Singapore-based hedge fund Effissimo Capital Management Pte., won a landmark vote calling for an independent investigation of alleged pressure on stock owners and issues with vote tabulation at the AGM. The three independent investigators, all lawyers, appointed under Effissimo’s shareholder proposal said they reviewed more than 778,000 emails and attachments. The report mentions in nine places that Toshiba acted “in unison” with the trade ministry against overseas investors.\nPrime Minister Suga was chief cabinet secretary at the time, one of the most powerful jobs in the government. He met with Nobuaki Kurumatani, then Toshiba’s chief executive officer, before the AGM, presumably for a briefing on the shareholder meeting, according to the report. Kurumatani confirmed he attended a meeting with Suga, but said he didn’t talk with him individually, according to the report.\nThe company was worried that foreign investors, which own a majority of its shares, would vote out management and appoint their own candidates.\nToshiba pointed to its statement over the weekend when asked to comment for this story.\nAt a later meeting with one of Kurumatani’s subordinates, Suga said Japan could use a new law to keep the overseas shareholders under control, according to the report. He was referring to the revised Foreign Exchange and Foreign Trade Act (FEA), which restricts overseas investment in certain industries that Japan says are core to national security. Toshiba management and the trade ministry were discussing the possibility of threatening to use the law to force Effissimo to divest its shares, the report said.\n“If we are aggressive, we can get them with the FEA,” Suga said, according to the report.\nSuga, who would become prime minister months later when Shinzo Abe surprisingly resigned, denied making the comments. “I know nothing of this,” he told reporters in Tokyo last week. “There was no such thing.”\nSuga’s alleged involvement has created unwelcome headlines at a time when the administration is already struggling with low approval ratings due to its handling of the pandemic and support of the publicly unpopular Olympics, but so far the impact on the prime minister has been limited. A senior government official pointed to Suga’s response last week when asked to comment for this story.\n“It’s unlikely to deal a heavy blow to the administration,” said Hajime Sakai, the chief fund manager at Mito Securities Co. in Tokyo. “It’s just one of many factors.”\nWhile Suga is only briefly mentioned in the report, a man referred to as Mr. M allegedly played a more central role.\nMr. M, it says, used his influence to stop Harvard University’s endowment, a Toshiba shareholder, from voting at the AGM. The trade ministry, to which Mr. M was an adviser at the time, had given Toshiba the name of Mr. M as someone with connections to the fund, a Toshiba executive said in the report. Mr. M had a series of calls with Harvard, seeking to get it to either side with management on proposals or not vote at all, according to the report.\nThe endowment later described to Toshiba’s audit committee a call that was “highly inappropriate in both content and timing,” according to the report. It didn’t identify the caller. Farallon Capital Management, which spoke with Harvard about the matter, said Mr. M made an “aggressive” call and Harvard was “threatened,” the report said. Mr. M pointed out “substantial risks” that Harvard might face. Ultimately, the endowment decided not to vote, it said.\nWhile Mr. M isn’t explicitly named in the report, he’s identified through a tweet that the report cites as Hiromichi Mizuno, one of Japan’s most celebrated finance gurus. The former private equity executive rose to fame in the investing world when he became chief investment officer of Japan’s $1.6 trillion Government Pension Investment Fund.\nTrade Minister Hiroshi Kajiyama referred to him by name last week when discussing the report. Kajiyama denied that the ministry had asked Mizuno to get involved, although he said Mizuno had given it advice on occasion. He said the report didn’t shed definitive light on what happened.\nA trade ministry spokesperson declined to comment for this story and pointed to Kajiyama’s comments on the report.\nReuters and the Financial Times previously reported on Mizuno’s involvement.\nMizuno, who’s currently a Tesla Inc. director and a United Nations special envoy, didn’t respond to requests for comment. In the Dec. 23 tweet cited by the report, he said it was “extremely regrettable” that a Reuters article, citing anonymous sources, portrayed him as threatening the fund.\n“It is easy to predict” that Mr. M, in his position as a trade ministry adviser, “would have a strong influence on the decisions of the foreign shareholders regarding the exercise of their voting rights,” the report said. Given its fiduciary duty, it was “highly unusual” for Harvard not to vote, it said. Harvard Management Co. declined to comment.\nBut beyond Mizuno, and aside from Toshiba’s management, a key player in the report is the trade ministry itself.\nFor longtime watchers of Japan, the ministry’s hands-on involvement in the matters of a private company may not come as such a shock. This, after all, is the organization that was often credited with orchestrating the rise of Japanese industry.\nThe ministry coordinated with Toshiba to employ a good cop, bad cop negotiating strategy in which the ministry “beat” Effissimo while Toshiba interacted “politely” with the fund, according to the report. Bureaucrats contacted other shareholders, seeking to influence how they voted. They threatened to use the new law if voting didn’t go the way they wanted, the report said.\nMaking recommendations for change wasn’t in the scope of the probe, and it’s not clear if there will be any legal fallout. Toshiba’s Nagayama said the company will examine the responsibility of former CEO Kurumatani, who didn’t respond to a text message seeking comment. The trade ministry doesn’t plan to investigate the issue, Trade Minister Kajiyama said.\nFor one observer, the situation shows the dangers when bureaucrats become too powerful.\n“This is incredibly problematic,” said Nobuo Gohara, a lawyer and former prosecutor. “The trade ministry accumulated power during the lengthy Abe administration,” he said. “They think they can do whatever they like.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129111828,"gmtCreate":1624364692864,"gmtModify":1703834433172,"author":{"id":"3586844613112311","authorId":"3586844613112311","authorIdStr":"3586844613112311","name":"Laypheng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586844613112311"},"themes":[],"htmlText":"Like ty","listText":"Like ty","text":"Like ty","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129111828","repostId":"1110726798","repostType":4,"repost":{"id":"1110726798","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":1624362092,"share":"https://ttm.financial/m/news/1110726798?lang=&edition=fundamental","pubTime":"2021-06-22 19:41","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1110726798","media":"Tiger Newspress","summary":"Stock futures rise to extend earlier gains.\nTorchlight Energy Price Gains Premarket.\nGameStop Jumps ","content":"<ul>\n <li>Stock futures rise to extend earlier gains.</li>\n <li>Torchlight Energy Price Gains Premarket.</li>\n <li>GameStop Jumps After Raising More Than $1 Billion in New Shares.</li>\n <li>GameStop, MicroVision, Sanderson Farms &amp; more made the biggest moves in the premarket.</li>\n</ul>\n<p>(June 22)&nbsp;Stock futures rose Tuesday morning to build on gains from a day earlier, with equities recovering from concerns over the path forward for monetary policy last week.</p>\n<p>At 7:47&nbsp;a.m. ET, Dow e-minis were up 23 points, or 0.07%, S&amp;P 500 e-minis were up 5.75 points, or 0.14%, and Nasdaq 100 e-minis were up 39.25 points, or 0.28%.</p>\n<p><img src=\"https://static.tigerbbs.com/127a76b6bde89676371162b1b268b550\" tg-width=\"1242\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: GameStop, MicroVision, Sanderson Farms &amp; more</b></p>\n<p><b>1)&nbsp;GameStop(GME)</b> – The videogame retailer's stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion.</p>\n<p><b>2)&nbsp;MicroVision(MVIS)</b> – MicroVision shares slid 10.8% in the premarket after the laser technology company said it would sell up to $140 million of stock \"from time to time\" and use the funds for general corporate purposes.</p>\n<p><b>3)&nbsp;Sanderson Farms(SAFM) </b>– Sanderson Farms is exploring a possible sale, according to people familiar with the matter who spoke to The Wall Street Journal. The paper said the poultry producer has already drawn interest from suitors such as agricultural investment firm Continental Grain. The stock surged 10% in premarket action.</p>\n<p><b>4)&nbsp;Torchlight Energy Resources(TRCH)</b> – Torchlight shares gained another 4.9% in premarket trading after a 58% surge in Monday's trading. The oil and gas producer is among the stocks getting increased social media attention on sites like Reddit and Stocktwits.</p>\n<p><b>5)&nbsp;Alphabet(GOOGL) </b>– The European Unionhas opened a formal antitrust probeof Google's digital ad practices. Part of the investigation will cover some of the same areas involved in a case filed by several U.S. states against the Alphabet operation last year.</p>\n<p><b>6)&nbsp;Korn Ferry(KFY)</b> – The consulting firm reported quarterly earnings of $1.21 per share, beating the consensus estimate of 98 cents a share. Revenue topped Wall Street forecasts as well, boosted by its services that help businesses with organizational issues.</p>\n<p><b>7)&nbsp;Plug Power(PLUG)</b> – The alternative energy provider lost 12 cents per share for its latest quarter, wider than the 8 cents a share loss analysts were expecting. Revenue also came in below estimates. The company said it was hurt by short-term issues – such as hydrogen shortages and the Texas freeze – which are abating in the current quarter. Plug Power shares gained 1.4% in premarket trading.</p>\n<p><b>8)&nbsp;Boeing(BA)</b> – Boeing announced the departure of lobbyist and political strategist Tim Keating. No reason was given for Keating’s departure, though the company said a search is underway for a permanent replacement. Keating was a key figure helping Boeing navigate the crisis that followed two fatal crashes of the company’s 737 Max jet.</p>\n<p><b>9)&nbsp;Delta Air Lines(DAL) </b>– Delta plans to hire 1,000 more pilots by next summer, according to an internal company memo. The move comes amid a rebound in travel, with Delta saying the leisure travel is already back to pre-pandemic levels and business travel is picking up as well.</p>\n<p><b>10)&nbsp;Lordstown Motors(RIDE)</b> – Lordstown remains on watch today following a 5.5% Monday drop. The electric vehicle maker’s executive chairman Angela Strand said the company is “evaluating strategic partners” as part of its search for new funding.</p>\n<p><b>11)&nbsp;Exxon Mobil(XOM) </b>– Exxon Mobil is denying a Bloomberg report that it plans to cut 5% to 10% of its office workforce annually over the next three to five years. Exxon told CNBC it is merely going through its annual employee assessments, which are unrelated to workforce reductions.</p>\n<p><b>12)&nbsp;CrowdStrike(CRWD) </b>– CrowdStrike was upgraded to “buy” from “hold” at Stifel Financial, which points to the cybersecurity company’s potential to increase profit margins and its ability to acquire new customers. CrowdStrike gained 2.8% in the premarket.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-22 19:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Stock futures rise to extend earlier gains.</li>\n <li>Torchlight Energy Price Gains Premarket.</li>\n <li>GameStop Jumps After Raising More Than $1 Billion in New Shares.</li>\n <li>GameStop, MicroVision, Sanderson Farms &amp; more made the biggest moves in the premarket.</li>\n</ul>\n<p>(June 22)&nbsp;Stock futures rose Tuesday morning to build on gains from a day earlier, with equities recovering from concerns over the path forward for monetary policy last week.</p>\n<p>At 7:47&nbsp;a.m. ET, Dow e-minis were up 23 points, or 0.07%, S&amp;P 500 e-minis were up 5.75 points, or 0.14%, and Nasdaq 100 e-minis were up 39.25 points, or 0.28%.</p>\n<p><img src=\"https://static.tigerbbs.com/127a76b6bde89676371162b1b268b550\" tg-width=\"1242\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: GameStop, MicroVision, Sanderson Farms &amp; more</b></p>\n<p><b>1)&nbsp;GameStop(GME)</b> – The videogame retailer's stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion.</p>\n<p><b>2)&nbsp;MicroVision(MVIS)</b> – MicroVision shares slid 10.8% in the premarket after the laser technology company said it would sell up to $140 million of stock \"from time to time\" and use the funds for general corporate purposes.</p>\n<p><b>3)&nbsp;Sanderson Farms(SAFM) </b>– Sanderson Farms is exploring a possible sale, according to people familiar with the matter who spoke to The Wall Street Journal. The paper said the poultry producer has already drawn interest from suitors such as agricultural investment firm Continental Grain. The stock surged 10% in premarket action.</p>\n<p><b>4)&nbsp;Torchlight Energy Resources(TRCH)</b> – Torchlight shares gained another 4.9% in premarket trading after a 58% surge in Monday's trading. The oil and gas producer is among the stocks getting increased social media attention on sites like Reddit and Stocktwits.</p>\n<p><b>5)&nbsp;Alphabet(GOOGL) </b>– The European Unionhas opened a formal antitrust probeof Google's digital ad practices. Part of the investigation will cover some of the same areas involved in a case filed by several U.S. states against the Alphabet operation last year.</p>\n<p><b>6)&nbsp;Korn Ferry(KFY)</b> – The consulting firm reported quarterly earnings of $1.21 per share, beating the consensus estimate of 98 cents a share. Revenue topped Wall Street forecasts as well, boosted by its services that help businesses with organizational issues.</p>\n<p><b>7)&nbsp;Plug Power(PLUG)</b> – The alternative energy provider lost 12 cents per share for its latest quarter, wider than the 8 cents a share loss analysts were expecting. Revenue also came in below estimates. The company said it was hurt by short-term issues – such as hydrogen shortages and the Texas freeze – which are abating in the current quarter. Plug Power shares gained 1.4% in premarket trading.</p>\n<p><b>8)&nbsp;Boeing(BA)</b> – Boeing announced the departure of lobbyist and political strategist Tim Keating. No reason was given for Keating’s departure, though the company said a search is underway for a permanent replacement. Keating was a key figure helping Boeing navigate the crisis that followed two fatal crashes of the company’s 737 Max jet.</p>\n<p><b>9)&nbsp;Delta Air Lines(DAL) </b>– Delta plans to hire 1,000 more pilots by next summer, according to an internal company memo. The move comes amid a rebound in travel, with Delta saying the leisure travel is already back to pre-pandemic levels and business travel is picking up as well.</p>\n<p><b>10)&nbsp;Lordstown Motors(RIDE)</b> – Lordstown remains on watch today following a 5.5% Monday drop. The electric vehicle maker’s executive chairman Angela Strand said the company is “evaluating strategic partners” as part of its search for new funding.</p>\n<p><b>11)&nbsp;Exxon Mobil(XOM) </b>– Exxon Mobil is denying a Bloomberg report that it plans to cut 5% to 10% of its office workforce annually over the next three to five years. Exxon told CNBC it is merely going through its annual employee assessments, which are unrelated to workforce reductions.</p>\n<p><b>12)&nbsp;CrowdStrike(CRWD) </b>– CrowdStrike was upgraded to “buy” from “hold” at Stifel Financial, which points to the cybersecurity company’s potential to increase profit margins and its ability to acquire new customers. CrowdStrike gained 2.8% in the premarket.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110726798","content_text":"Stock futures rise to extend earlier gains.\nTorchlight Energy Price Gains Premarket.\nGameStop Jumps After Raising More Than $1 Billion in New Shares.\nGameStop, MicroVision, Sanderson Farms & more made the biggest moves in the premarket.\n\n(June 22) Stock futures rose Tuesday morning to build on gains from a day earlier, with equities recovering from concerns over the path forward for monetary policy last week.\nAt 7:47 a.m. ET, Dow e-minis were up 23 points, or 0.07%, S&P 500 e-minis were up 5.75 points, or 0.14%, and Nasdaq 100 e-minis were up 39.25 points, or 0.28%.\n\nStocks making the biggest moves in the premarket: GameStop, MicroVision, Sanderson Farms & more\n1) GameStop(GME) – The videogame retailer's stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion.\n2) MicroVision(MVIS) – MicroVision shares slid 10.8% in the premarket after the laser technology company said it would sell up to $140 million of stock \"from time to time\" and use the funds for general corporate purposes.\n3) Sanderson Farms(SAFM) – Sanderson Farms is exploring a possible sale, according to people familiar with the matter who spoke to The Wall Street Journal. The paper said the poultry producer has already drawn interest from suitors such as agricultural investment firm Continental Grain. The stock surged 10% in premarket action.\n4) Torchlight Energy Resources(TRCH) – Torchlight shares gained another 4.9% in premarket trading after a 58% surge in Monday's trading. The oil and gas producer is among the stocks getting increased social media attention on sites like Reddit and Stocktwits.\n5) Alphabet(GOOGL) – The European Unionhas opened a formal antitrust probeof Google's digital ad practices. Part of the investigation will cover some of the same areas involved in a case filed by several U.S. states against the Alphabet operation last year.\n6) Korn Ferry(KFY) – The consulting firm reported quarterly earnings of $1.21 per share, beating the consensus estimate of 98 cents a share. Revenue topped Wall Street forecasts as well, boosted by its services that help businesses with organizational issues.\n7) Plug Power(PLUG) – The alternative energy provider lost 12 cents per share for its latest quarter, wider than the 8 cents a share loss analysts were expecting. Revenue also came in below estimates. The company said it was hurt by short-term issues – such as hydrogen shortages and the Texas freeze – which are abating in the current quarter. Plug Power shares gained 1.4% in premarket trading.\n8) Boeing(BA) – Boeing announced the departure of lobbyist and political strategist Tim Keating. No reason was given for Keating’s departure, though the company said a search is underway for a permanent replacement. Keating was a key figure helping Boeing navigate the crisis that followed two fatal crashes of the company’s 737 Max jet.\n9) Delta Air Lines(DAL) – Delta plans to hire 1,000 more pilots by next summer, according to an internal company memo. The move comes amid a rebound in travel, with Delta saying the leisure travel is already back to pre-pandemic levels and business travel is picking up as well.\n10) Lordstown Motors(RIDE) – Lordstown remains on watch today following a 5.5% Monday drop. The electric vehicle maker’s executive chairman Angela Strand said the company is “evaluating strategic partners” as part of its search for new funding.\n11) Exxon Mobil(XOM) – Exxon Mobil is denying a Bloomberg report that it plans to cut 5% to 10% of its office workforce annually over the next three to five years. Exxon told CNBC it is merely going through its annual employee assessments, which are unrelated to workforce reductions.\n12) CrowdStrike(CRWD) – CrowdStrike was upgraded to “buy” from “hold” at Stifel Financial, which points to the cybersecurity company’s potential to increase profit margins and its ability to acquire new customers. CrowdStrike gained 2.8% in the premarket.","news_type":1},"isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167437572,"gmtCreate":1624281652096,"gmtModify":1703832319259,"author":{"id":"3586844613112311","authorId":"3586844613112311","authorIdStr":"3586844613112311","name":"Laypheng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586844613112311"},"themes":[],"htmlText":"Good stuff","listText":"Good stuff","text":"Good stuff","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167437572","repostId":"2145084514","repostType":4,"repost":{"id":"2145084514","pubTimestamp":1624280700,"share":"https://ttm.financial/m/news/2145084514?lang=&edition=fundamental","pubTime":"2021-06-21 21:05","market":"us","language":"en","title":"Could Airbnb's $90 Billion Market Cap Actually Be a Bargain?","url":"https://stock-news.laohu8.com/highlight/detail?id=2145084514","media":"Motley Fool","summary":"Airbnb isn't a cheap stock, but that doesn't mean it isn't a good value.","content":"<p>With a market cap of about $90 billion, <b>Airbnb</b> (NASDAQ:ABNB) is trading for a higher valuation than <b>Marriott International</b>&nbsp;and <b>Hilton Worldwide Holdings</b>&nbsp;<i>combined</i>. However, in this&nbsp;<i>Fool Live</i> video clip, <b>recorded on June 10</b>, Fool.com contributors Matt Frankel, CFP, and Brian Withers explain why that doesn't necessarily mean the stock is expensive.</p>\n<p><b>Brian Withers:</b> There's really two sides to it. The travelers can find places to stay and hosts, they call them hosts, can earn money by renting out their home or part of their home to host travelers. This has actually turned out to be a pretty massive business. Airbnb has recently gone through a massive upgrade to make it easier. Obviously, the more hosts and the more properties on the platform, the more travelers they're going to attract. Recently, Airbnb went through a massive upgrade and upgraded 100 different features across their platform, making it easier for hosts, making it easier for guests to really connect up. This is just some of the new screens that show you how easy you can do this stuff from your mobile phone. How easy it is to become a host and start renting out your property. Airbnb provides a service to hosts and a platform for them to essentially run a business by being a bed and breakfast or just renting out rooms or whatever. You can see all of these different features. They provide the hosts from community support payments, scheduling, reviews, and certainly some host protections as far as protecting from poor renters. Looking at the key metrics, they were really great up through last year. Nights and experienced booked, you can see 74% growth, 48%, 35%. Then last year, a minus 41%. Same thing with gross booking value up to $38 billion in gross bookings through 2019 and a massive minus 37% revenue. Similar trend minus 30% last year. Then I always like to look at revenue as a percentage of gross booking value. Basically, what that says is what hosts are paying to use the platform. It's around 12% and it's bumped up a little bit, a little shorter, 13% here and 14% for 2020. Don't know if that's an anomaly, but that's a pretty decent cut for Airbnb, as well as it's not a huge outlay for a host to pay to get global exposure.</p>\n<p>Let me tell you about what I love about Airbnb, the metric, it aligns with its customers. It gets revenue when places are rented. Thirty percent of their revenue goes to technology and research and development. I think they have a potential to expand the market, so not just hotel. They're not just taking share from hotel rooms, but I think they're providing people an easier and more welcoming place to stay potentially. If you have small kids and pets, potentially, traveling is just a nightmare. Getting your own home with your own kitchen and separate bedrooms is really a much better experience than potentially being in a hotel room. Things I don't, it's got massive marketing expense that it's a $90 billion market cap company already, it just IPO'd this year and it was up above $100 billion even. Then the growth post-coronavirus is uncertain. Matt, you and I chatted a little before for the show. The thing that's held me back from pulling the trigger on the stock is this $90 billion market cap. What do you think about that?</p>\n<p><b>Matt Frankel:</b> Yeah. Hopefully you guys can hear me better now, I made a switch. But the more I look into it the more that valuation stops bothering me. The reason being is that, that 22 price-to-sales ratio you just mentioned, that's based on COVID numbers. It's trading at 22 times what it did during the pandemic year. Take that with a big grain of salt. The travel market, Airbnb's market is not just booking rooms. It also has a lot to do with booking -- they're expanding into experiences, they're expanding into adding events you can book along with your vacation rental. The marketing expense will get better over time. Think of a company like <b>Amazon</b>, which Airbnb has the potential to be in the travel space. Amazon doesn't have to get the word out anymore, if you want to buy something you just go to Amazon. Airbnb is not quite at that point yet. They do have a lot of marketing cost while they're still in rapid growth mode. The travel industry is worth $3.4 trillion of annual revenue worldwide. That's their addressable market. They're not going to get that. But even if they got 2% of the global travel market, that'd be a pretty big number. Many times there are current gross bookings. The more I look into it, the less that high valuation bothers me. I'm not quite ready to pull the trigger, but it's definitely more interesting to me than now that I really dig into it.</p>\n<p><b>Withers:</b> I really like the recent upgrade it's made. It shows that it's committed to its host and really making an easy-to-use platform. I think that's going to attract more hosts, it attracts more travelers, which attracts more hosts and allows them to develop the platform more or so. Similar to <b>Shopify</b>, I think it's got a really great business model that it's working. I think as more people get out and travel and look to Airbnb as a different way to travel, I think it's just going to become even more popular.</p>\n<p><b>Frankel:</b> Yeah. <b>Etsy</b>&nbsp;is another good example of a site that's really got like the same network effect going. They're owning the handmade goods market, but they didn't a few years ago. Their marketing cost was really high and they are able to now spend their marketing dollars on different things, like improving the customer experience, so people shop on the platform more. I can see Airbnb is high marketing costs overtime, really transitioned from getting people to their platform to increasing their revenue opportunity on their current customers. I'm interested in Airbnb right now. Three months ago, I never would've thought of a \"hotel stock\" at $90 billion valuation. That's several times like Marriott's worth. I would never have thought I would be considering that, but the more I dig into it, the more I think this really is an opportunity.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Could Airbnb's $90 Billion Market Cap Actually Be a Bargain?</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\">\nCould Airbnb's $90 Billion Market Cap Actually Be a Bargain?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 21:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/21/could-airbnbs-90-billion-market-cap-actually-be-a/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With a market cap of about $90 billion, Airbnb (NASDAQ:ABNB) is trading for a higher valuation than Marriott International and Hilton Worldwide Holdings combined. However, in this Fool Live video clip...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/21/could-airbnbs-90-billion-market-cap-actually-be-a/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎"},"source_url":"https://www.fool.com/investing/2021/06/21/could-airbnbs-90-billion-market-cap-actually-be-a/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145084514","content_text":"With a market cap of about $90 billion, Airbnb (NASDAQ:ABNB) is trading for a higher valuation than Marriott International and Hilton Worldwide Holdings combined. However, in this Fool Live video clip, recorded on June 10, Fool.com contributors Matt Frankel, CFP, and Brian Withers explain why that doesn't necessarily mean the stock is expensive.\nBrian Withers: There's really two sides to it. The travelers can find places to stay and hosts, they call them hosts, can earn money by renting out their home or part of their home to host travelers. This has actually turned out to be a pretty massive business. Airbnb has recently gone through a massive upgrade to make it easier. Obviously, the more hosts and the more properties on the platform, the more travelers they're going to attract. Recently, Airbnb went through a massive upgrade and upgraded 100 different features across their platform, making it easier for hosts, making it easier for guests to really connect up. This is just some of the new screens that show you how easy you can do this stuff from your mobile phone. How easy it is to become a host and start renting out your property. Airbnb provides a service to hosts and a platform for them to essentially run a business by being a bed and breakfast or just renting out rooms or whatever. You can see all of these different features. They provide the hosts from community support payments, scheduling, reviews, and certainly some host protections as far as protecting from poor renters. Looking at the key metrics, they were really great up through last year. Nights and experienced booked, you can see 74% growth, 48%, 35%. Then last year, a minus 41%. Same thing with gross booking value up to $38 billion in gross bookings through 2019 and a massive minus 37% revenue. Similar trend minus 30% last year. Then I always like to look at revenue as a percentage of gross booking value. Basically, what that says is what hosts are paying to use the platform. It's around 12% and it's bumped up a little bit, a little shorter, 13% here and 14% for 2020. Don't know if that's an anomaly, but that's a pretty decent cut for Airbnb, as well as it's not a huge outlay for a host to pay to get global exposure.\nLet me tell you about what I love about Airbnb, the metric, it aligns with its customers. It gets revenue when places are rented. Thirty percent of their revenue goes to technology and research and development. I think they have a potential to expand the market, so not just hotel. They're not just taking share from hotel rooms, but I think they're providing people an easier and more welcoming place to stay potentially. If you have small kids and pets, potentially, traveling is just a nightmare. Getting your own home with your own kitchen and separate bedrooms is really a much better experience than potentially being in a hotel room. Things I don't, it's got massive marketing expense that it's a $90 billion market cap company already, it just IPO'd this year and it was up above $100 billion even. Then the growth post-coronavirus is uncertain. Matt, you and I chatted a little before for the show. The thing that's held me back from pulling the trigger on the stock is this $90 billion market cap. What do you think about that?\nMatt Frankel: Yeah. Hopefully you guys can hear me better now, I made a switch. But the more I look into it the more that valuation stops bothering me. The reason being is that, that 22 price-to-sales ratio you just mentioned, that's based on COVID numbers. It's trading at 22 times what it did during the pandemic year. Take that with a big grain of salt. The travel market, Airbnb's market is not just booking rooms. It also has a lot to do with booking -- they're expanding into experiences, they're expanding into adding events you can book along with your vacation rental. The marketing expense will get better over time. Think of a company like Amazon, which Airbnb has the potential to be in the travel space. Amazon doesn't have to get the word out anymore, if you want to buy something you just go to Amazon. Airbnb is not quite at that point yet. They do have a lot of marketing cost while they're still in rapid growth mode. The travel industry is worth $3.4 trillion of annual revenue worldwide. That's their addressable market. They're not going to get that. But even if they got 2% of the global travel market, that'd be a pretty big number. Many times there are current gross bookings. The more I look into it, the less that high valuation bothers me. I'm not quite ready to pull the trigger, but it's definitely more interesting to me than now that I really dig into it.\nWithers: I really like the recent upgrade it's made. It shows that it's committed to its host and really making an easy-to-use platform. I think that's going to attract more hosts, it attracts more travelers, which attracts more hosts and allows them to develop the platform more or so. Similar to Shopify, I think it's got a really great business model that it's working. I think as more people get out and travel and look to Airbnb as a different way to travel, I think it's just going to become even more popular.\nFrankel: Yeah. Etsy is another good example of a site that's really got like the same network effect going. They're owning the handmade goods market, but they didn't a few years ago. Their marketing cost was really high and they are able to now spend their marketing dollars on different things, like improving the customer experience, so people shop on the platform more. I can see Airbnb is high marketing costs overtime, really transitioned from getting people to their platform to increasing their revenue opportunity on their current customers. I'm interested in Airbnb right now. Three months ago, I never would've thought of a \"hotel stock\" at $90 billion valuation. That's several times like Marriott's worth. I would never have thought I would be considering that, but the more I dig into it, the more I think this really is an opportunity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":477,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161598310,"gmtCreate":1623933348630,"gmtModify":1703823818296,"author":{"id":"3586844613112311","authorId":"3586844613112311","authorIdStr":"3586844613112311","name":"Laypheng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586844613112311"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161598310","repostId":"1195023201","repostType":4,"repost":{"id":"1195023201","pubTimestamp":1623930270,"share":"https://ttm.financial/m/news/1195023201?lang=&edition=fundamental","pubTime":"2021-06-17 19:44","market":"us","language":"en","title":"Raw Material Shortage Holding Up Novavax's COVID-19 Shot Manufacturing, Says Serum Institute","url":"https://stock-news.laohu8.com/highlight/detail?id=1195023201","media":"benzinga","summary":"Serum Institute of India (SII) is yet to receive raw materials from the U.S. required to produce the","content":"<ul>\n <li>Serum Institute of India (SII) is&nbsp;yet to receive raw materials&nbsp;from the U.S. required to produce the&nbsp;<b>Novavax Inc</b>&nbsp;vaccine despite diplomatic interventions by India, said an official aware of the development.</li>\n <li>The delay in receiving raw materials such as bioreactor bags and enzymes means that SII's launch of the Novavax vaccine, dubbed Covovax in India, will not likely happen before&nbsp;September, as planned initially.</li>\n <li>The company said raw material shortages have led to the delay in launching the vaccine.</li>\n <li>The U.S. lifted the export ban on raw materials on June 4.</li>\n <li>SII is the manufacturing partner for Novavax in India, where the firm has committed to producing up to 1 billion doses.</li>\n <li>Also, the Serum Institute of India plans to start clinical trials of the Novavax shot for children in July, according to&nbsp;ANI quoting sources.</li>\n <li>Earlier this week, NVAX's COVID-19 vaccine&nbsp;demonstrated 90% efficacy.</li>\n <li><b>Price Action:</b>NVAX shares are up 5.9% at $186.68 during the premarket trading session on the last check Thursday.</li>\n</ul>","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>Raw Material Shortage Holding Up Novavax's COVID-19 Shot Manufacturing, Says Serum Institute</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\">\nRaw Material Shortage Holding Up Novavax's COVID-19 Shot Manufacturing, Says Serum Institute\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 19:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://wwww.benzinga.com/general/biotech/21/06/21602943/raw-material-shortage-holding-up-novavaxs-covid-19-shot-manufacturing-says-serum-institute><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Serum Institute of India (SII) is yet to receive raw materials from the U.S. required to produce the Novavax Inc vaccine despite diplomatic interventions by India, said an official aware of the ...</p>\n\n<a href=\"https://wwww.benzinga.com/general/biotech/21/06/21602943/raw-material-shortage-holding-up-novavaxs-covid-19-shot-manufacturing-says-serum-institute\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVAX":"诺瓦瓦克斯医药"},"source_url":"https://wwww.benzinga.com/general/biotech/21/06/21602943/raw-material-shortage-holding-up-novavaxs-covid-19-shot-manufacturing-says-serum-institute","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195023201","content_text":"Serum Institute of India (SII) is yet to receive raw materials from the U.S. required to produce the Novavax Inc vaccine despite diplomatic interventions by India, said an official aware of the development.\nThe delay in receiving raw materials such as bioreactor bags and enzymes means that SII's launch of the Novavax vaccine, dubbed Covovax in India, will not likely happen before September, as planned initially.\nThe company said raw material shortages have led to the delay in launching the vaccine.\nThe U.S. lifted the export ban on raw materials on June 4.\nSII is the manufacturing partner for Novavax in India, where the firm has committed to producing up to 1 billion doses.\nAlso, the Serum Institute of India plans to start clinical trials of the Novavax shot for children in July, according to ANI quoting sources.\nEarlier this week, NVAX's COVID-19 vaccine demonstrated 90% efficacy.\nPrice Action:NVAX shares are up 5.9% at $186.68 during the premarket trading session on the last check Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}