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50c6217b
2021-08-03
Interesting news
Google to launch own processor for upcoming Pixel phones
50c6217b
2021-08-01
Interesting article
YouTube is as big as Netflix, and growing much faster
50c6217b
2021-07-28
Nice!
Apple Reports Q3 Services Revenue $17.486B, Up From $13.156B YoY
50c6217b
2021-07-27
Yippee!
Tesla tops $1 billion in profit, delays Semi launch
50c6217b
2021-07-27
Way to go ??
Apple Earnings Face High Expectations
50c6217b
2021-07-26
Another smart move?
Tesla Could Become A Subscription Company
50c6217b
2021-07-25
Hmmm…interesting views.
Amazon's stock looks tired. Consider buying shares of these five fast-growing e-commerce plays instead
50c6217b
2021-07-24
Awesome
What will Apple say about the next iPhone at earnings time? Maybe more than usual
50c6217b
2021-07-19
Looking forward to the day when travel is ppossible again.
Airline stocks suffer broad selloff as surge in delta variant stokes fears of potential travel restrictions
50c6217b
2021-07-16
And the race continues with the EVs…
GM unveils charging service for fleet EVs
50c6217b
2021-07-16
Oh dear
LIVE MARKETS-Wall Street loses steam, burdened by tech
50c6217b
2021-07-16
Comments
LIVE MARKETS-Wall Street loses steam, burdened by tech
50c6217b
2021-07-15
Wow!
Netflix stock price target raised to $620 from $600 at UBS
50c6217b
2021-07-15
Wow!
Netflix stock price target raised to $620 from $600 at UBS
50c6217b
2021-07-15
Like and comment
ARK Funds Are Offloading Their Exposure To China-Based Equities
50c6217b
2021-07-15
Hope it goes up
Why NIO Stock Is Down Wednesday
50c6217b
2021-07-15
Nice!
Here's Why Apple Stock Jumped to a New All-Time High Wednesday
50c6217b
2021-07-09
Nice! Way to go!
Nio Plans to Add 3,700 Battery Stations by 2025 in World's Largest Auto Market
Go to Tiger App to see more news
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()</p><p> Shares of Qualcomm, the world's largest maker of wireless chips for smartphones, were down marginally in afternoon trading.</p><p> \"We will continue to work closely with Google on existing and future products based on Snapdragon platforms,\" a Qualcomm spokesperson said in a statement.</p><p> Last year, Apple Inc started using its own central processor designed for Macs, in a step away from chipmaker Intel Corp . ()</p><p> (Reporting by Chavi Mehta and Akanksha Rana in Bengaluru; Editing by Devika Syamnath)</p><p>((Chavi.Mehta@thomsonreuters.com;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google to launch own processor for upcoming Pixel phones</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoogle to launch own processor for upcoming Pixel phones\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-03 01:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Aug 2 (Reuters) - Alphabet Inc's Google will use processors designed in-house for its new Pixel phones launching later this fall, in a shift away from Qualcomm Inc's technology that has powered the tech giant's Android devices for more than 15 years.</p><p> The processor, called Tensor, will power the Pixel 6 and Pixel 6 Pro phones, Google said in a blog post, with the company set to disclose more details closer to the release. ()</p><p> Shares of Qualcomm, the world's largest maker of wireless chips for smartphones, were down marginally in afternoon trading.</p><p> \"We will continue to work closely with Google on existing and future products based on Snapdragon platforms,\" a Qualcomm spokesperson said in a statement.</p><p> Last year, Apple Inc started using its own central processor designed for Macs, in a step away from chipmaker Intel Corp . ()</p><p> (Reporting by Chavi Mehta and Akanksha Rana in Bengaluru; Editing by Devika Syamnath)</p><p>((Chavi.Mehta@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A","QCOM":"高通"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156119748","content_text":"Aug 2 (Reuters) - Alphabet Inc's Google will use processors designed in-house for its new Pixel phones launching later this fall, in a shift away from Qualcomm Inc's technology that has powered the tech giant's Android devices for more than 15 years. The processor, called Tensor, will power the Pixel 6 and Pixel 6 Pro phones, Google said in a blog post, with the company set to disclose more details closer to the release. () Shares of Qualcomm, the world's largest maker of wireless chips for smartphones, were down marginally in afternoon trading. \"We will continue to work closely with Google on existing and future products based on Snapdragon platforms,\" a Qualcomm spokesperson said in a statement. Last year, Apple Inc started using its own central processor designed for Macs, in a step away from chipmaker Intel Corp . () (Reporting by Chavi Mehta and Akanksha Rana in Bengaluru; Editing by Devika Syamnath)((Chavi.Mehta@thomsonreuters.com;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802253053,"gmtCreate":1627783912972,"gmtModify":1703495783610,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Interesting article ","listText":"Interesting article ","text":"Interesting article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/802253053","repostId":"2156165407","repostType":2,"repost":{"id":"2156165407","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1627757340,"share":"https://ttm.financial/m/news/2156165407?lang=&edition=fundamental","pubTime":"2021-08-01 02:49","market":"us","language":"en","title":"YouTube is as big as Netflix, and growing much faster","url":"https://stock-news.laohu8.com/highlight/detail?id=2156165407","media":"Dow Jones","summary":"MW YouTube is as big as Netflix, and growing much faster\n\n\n By Jon Swartz \n\n\n Google video-streami","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW YouTube is as big as Netflix, and growing much faster\n</p>\n<p>\n By Jon Swartz \n</p>\n<p>\n Google video-streaming site brought in nearly as much ad revenue in the past quarter as the streaming pioneer, and likely makes enough from subscriptions to top Netflix overall amid massive growth \n</p>\n<p>\n Google parent Alphabet Inc. wowed financial analysts with just about everything in the company's second-quarter results on Tuesday, but <a href=\"https://laohu8.com/S/AONE.U\">one</a> line fact had tongues wagging the most: YouTube is as big as Netflix Inc. \n</p>\n<p>\n Propelled by an 84% rise in ad sales, Google's <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) video service racked up $7 billion in revenue -- roughly what Netflix <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a> did in Q2, $7.3 billion. The difference is that YouTube is growing at four times the clip of the video-streaming's sales, putting up nearly as much ad revenue in three months as it did in all of 2020, when YouTube ads totaled $7.85 billion in revenue. \n</p>\n<p>\n And that is not all the money that YouTube generates. Subscription fees, the type of revenue Netflix generates while eschewing ads, are counted in a separate category for Google. While executives did not break out specific performance of YouTube's subscription products -- which include YouTube TV, YouTube Premium and YouTube Music -- the company's filing with the Securities and Exchange Commission noted the entire category of revenue grew $1.5 billion to $6.6 billion, and credited YouTube subscriptions for the growth ahead of other factors. That suggests enough revenue to easily surpass the $300 million difference between the two services' reported quarterly revenue. \n</p>\n<p>\n And Netflix thought it faced stiff competition from Walt Disney Co. <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a>, AT&T Inc. <a href=\"https://laohu8.com/S/T\">$(T)$</a>, Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, and Comcast Corp. <a href=\"https://laohu8.com/S/CMCSA\">$(CMCSA)$</a>. \n</p>\n<p>\n \"Putting the super in super checkmark,\" Evercore ISI analyst Mark Mahaney hailed in a July 27 note that touted the performance of YouTube as a major reason for lifting Google's price target to $3,160 from $2,825. Advertisers are increasingly using brand and direct response to \"drive superior\" return on investment via YouTube. \"YouTube is experiencing an ad product inflection point,\" he wrote. \n</p>\n<p>\n Read more: Google parent Alphabet's worth to Wall Street soars after blowout results, with UBS lifting share-price target to $3,600 a share \n</p>\n<p>\n In raising his price target on Google shares to $3,200, Raymond James analyst Aaron Kessler cited long-term advertising revenue growth driven by search and YouTube, as well as advertisers increasingly approaching YouTube as a \"full-funnel solution.\" \n</p>\n<p>\n The truth is boldly underlined by the numbers, according to JMP Securities analyst Ron Josey. YouTube has more than 2 billion monthly average users with over 1 billion hours of video watched daily. YouTube Shorts, which launched in the U.S. in March, recently surpassed 15 billion daily views. A Nielsen study suggests 70% of reach on YouTube was incremental to TV media ads, and that advertisers that shift 20% of TV spend to YouTube should see a 25% increase in total campaign reach with a lower cost per reach of 20%. More than 120 million people watch YouTube on a TV monthly, up from 100 million a year ago, Josey noted. \n</p>\n<p>\n Netflix, by comparison, has more than 200 million paid subscribers. \n</p>\n<p>\n Google executives highlighted YouTube's performance during a call with analysts as an explanation for revenue ($61.9 billion) and earnings ($18.5 billion) that smashed Wall Street forecasts. \n</p>\n<p>\n \"During the pandemic, we've seen more consumers use YouTube to discover and shop,\" Google Chief Business Officer Philipp Schindler told analysts during a conference call late Tuesday. \n</p>\n<p>\n Read more: Google's wave of digital ad sales helps it crush revenue, earnings estimates \n</p>\n<p>\n YouTube monetization is taking shape, AB Bernstein analyst Mark Shmulik said, with ad revenue catapulting $1 billion sequentially and subscriptions on YouTube a \"key driver\" of Google's Other business division. \"Google continues to fight for linear TV ad dollars, with the users incremental to TV audiences,\" Shmulik wrote July 28 in a note that maintains an outperform rating on Google shares with a price target of $3,200. \"This quarter's strength was driven primarily by the continued recovery in brand dollars.\" \n</p>\n<p>\n Added Barclays analyst Ross Sandler: \"Digital advertising is proving to be very resilient in this economic cycle, and the growth rates across the space, including at Google and YouTube, are staggering owing to share shift and easy comps -- some of the highest figures we may ever see.\" (He jacked up Google's price target to $3,200 from $3,000 in a July 27 note to clients.) \n</p>\n<p>\n -Jon Swartz \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 31, 2021 14:49 ET (18:49 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>YouTube is as big as Netflix, and growing much faster</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\">\nYouTube is as big as Netflix, and growing much faster\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-01 02:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW YouTube is as big as Netflix, and growing much faster\n</p>\n<p>\n By Jon Swartz \n</p>\n<p>\n Google video-streaming site brought in nearly as much ad revenue in the past quarter as the streaming pioneer, and likely makes enough from subscriptions to top Netflix overall amid massive growth \n</p>\n<p>\n Google parent Alphabet Inc. wowed financial analysts with just about everything in the company's second-quarter results on Tuesday, but <a href=\"https://laohu8.com/S/AONE.U\">one</a> line fact had tongues wagging the most: YouTube is as big as Netflix Inc. \n</p>\n<p>\n Propelled by an 84% rise in ad sales, Google's <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) video service racked up $7 billion in revenue -- roughly what Netflix <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a> did in Q2, $7.3 billion. The difference is that YouTube is growing at four times the clip of the video-streaming's sales, putting up nearly as much ad revenue in three months as it did in all of 2020, when YouTube ads totaled $7.85 billion in revenue. \n</p>\n<p>\n And that is not all the money that YouTube generates. Subscription fees, the type of revenue Netflix generates while eschewing ads, are counted in a separate category for Google. While executives did not break out specific performance of YouTube's subscription products -- which include YouTube TV, YouTube Premium and YouTube Music -- the company's filing with the Securities and Exchange Commission noted the entire category of revenue grew $1.5 billion to $6.6 billion, and credited YouTube subscriptions for the growth ahead of other factors. That suggests enough revenue to easily surpass the $300 million difference between the two services' reported quarterly revenue. \n</p>\n<p>\n And Netflix thought it faced stiff competition from Walt Disney Co. <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a>, AT&T Inc. <a href=\"https://laohu8.com/S/T\">$(T)$</a>, Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, and Comcast Corp. <a href=\"https://laohu8.com/S/CMCSA\">$(CMCSA)$</a>. \n</p>\n<p>\n \"Putting the super in super checkmark,\" Evercore ISI analyst Mark Mahaney hailed in a July 27 note that touted the performance of YouTube as a major reason for lifting Google's price target to $3,160 from $2,825. Advertisers are increasingly using brand and direct response to \"drive superior\" return on investment via YouTube. \"YouTube is experiencing an ad product inflection point,\" he wrote. \n</p>\n<p>\n Read more: Google parent Alphabet's worth to Wall Street soars after blowout results, with UBS lifting share-price target to $3,600 a share \n</p>\n<p>\n In raising his price target on Google shares to $3,200, Raymond James analyst Aaron Kessler cited long-term advertising revenue growth driven by search and YouTube, as well as advertisers increasingly approaching YouTube as a \"full-funnel solution.\" \n</p>\n<p>\n The truth is boldly underlined by the numbers, according to JMP Securities analyst Ron Josey. YouTube has more than 2 billion monthly average users with over 1 billion hours of video watched daily. YouTube Shorts, which launched in the U.S. in March, recently surpassed 15 billion daily views. A Nielsen study suggests 70% of reach on YouTube was incremental to TV media ads, and that advertisers that shift 20% of TV spend to YouTube should see a 25% increase in total campaign reach with a lower cost per reach of 20%. More than 120 million people watch YouTube on a TV monthly, up from 100 million a year ago, Josey noted. \n</p>\n<p>\n Netflix, by comparison, has more than 200 million paid subscribers. \n</p>\n<p>\n Google executives highlighted YouTube's performance during a call with analysts as an explanation for revenue ($61.9 billion) and earnings ($18.5 billion) that smashed Wall Street forecasts. \n</p>\n<p>\n \"During the pandemic, we've seen more consumers use YouTube to discover and shop,\" Google Chief Business Officer Philipp Schindler told analysts during a conference call late Tuesday. \n</p>\n<p>\n Read more: Google's wave of digital ad sales helps it crush revenue, earnings estimates \n</p>\n<p>\n YouTube monetization is taking shape, AB Bernstein analyst Mark Shmulik said, with ad revenue catapulting $1 billion sequentially and subscriptions on YouTube a \"key driver\" of Google's Other business division. \"Google continues to fight for linear TV ad dollars, with the users incremental to TV audiences,\" Shmulik wrote July 28 in a note that maintains an outperform rating on Google shares with a price target of $3,200. \"This quarter's strength was driven primarily by the continued recovery in brand dollars.\" \n</p>\n<p>\n Added Barclays analyst Ross Sandler: \"Digital advertising is proving to be very resilient in this economic cycle, and the growth rates across the space, including at Google and YouTube, are staggering owing to share shift and easy comps -- some of the highest figures we may ever see.\" (He jacked up Google's price target to $3,200 from $3,000 in a July 27 note to clients.) \n</p>\n<p>\n -Jon Swartz \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 31, 2021 14:49 ET (18:49 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","QNETCN":"纳斯达克中美互联网老虎指数","TERN":"Terns Pharmaceuticals, Inc.","CRCT":"Cricut, Inc.","GOOGL":"谷歌A"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156165407","content_text":"MW YouTube is as big as Netflix, and growing much faster\n\n\n By Jon Swartz \n\n\n Google video-streaming site brought in nearly as much ad revenue in the past quarter as the streaming pioneer, and likely makes enough from subscriptions to top Netflix overall amid massive growth \n\n\n Google parent Alphabet Inc. wowed financial analysts with just about everything in the company's second-quarter results on Tuesday, but one line fact had tongues wagging the most: YouTube is as big as Netflix Inc. \n\n\n Propelled by an 84% rise in ad sales, Google's $(GOOGL)$(GOOGL) video service racked up $7 billion in revenue -- roughly what Netflix $(NFLX)$ did in Q2, $7.3 billion. The difference is that YouTube is growing at four times the clip of the video-streaming's sales, putting up nearly as much ad revenue in three months as it did in all of 2020, when YouTube ads totaled $7.85 billion in revenue. \n\n\n And that is not all the money that YouTube generates. Subscription fees, the type of revenue Netflix generates while eschewing ads, are counted in a separate category for Google. While executives did not break out specific performance of YouTube's subscription products -- which include YouTube TV, YouTube Premium and YouTube Music -- the company's filing with the Securities and Exchange Commission noted the entire category of revenue grew $1.5 billion to $6.6 billion, and credited YouTube subscriptions for the growth ahead of other factors. That suggests enough revenue to easily surpass the $300 million difference between the two services' reported quarterly revenue. \n\n\n And Netflix thought it faced stiff competition from Walt Disney Co. $(DIS)$, AT&T Inc. $(T)$, Apple Inc. $(AAPL)$, Amazon.com Inc. $(AMZN)$, and Comcast Corp. $(CMCSA)$. \n\n\n \"Putting the super in super checkmark,\" Evercore ISI analyst Mark Mahaney hailed in a July 27 note that touted the performance of YouTube as a major reason for lifting Google's price target to $3,160 from $2,825. Advertisers are increasingly using brand and direct response to \"drive superior\" return on investment via YouTube. \"YouTube is experiencing an ad product inflection point,\" he wrote. \n\n\n Read more: Google parent Alphabet's worth to Wall Street soars after blowout results, with UBS lifting share-price target to $3,600 a share \n\n\n In raising his price target on Google shares to $3,200, Raymond James analyst Aaron Kessler cited long-term advertising revenue growth driven by search and YouTube, as well as advertisers increasingly approaching YouTube as a \"full-funnel solution.\" \n\n\n The truth is boldly underlined by the numbers, according to JMP Securities analyst Ron Josey. YouTube has more than 2 billion monthly average users with over 1 billion hours of video watched daily. YouTube Shorts, which launched in the U.S. in March, recently surpassed 15 billion daily views. A Nielsen study suggests 70% of reach on YouTube was incremental to TV media ads, and that advertisers that shift 20% of TV spend to YouTube should see a 25% increase in total campaign reach with a lower cost per reach of 20%. More than 120 million people watch YouTube on a TV monthly, up from 100 million a year ago, Josey noted. \n\n\n Netflix, by comparison, has more than 200 million paid subscribers. \n\n\n Google executives highlighted YouTube's performance during a call with analysts as an explanation for revenue ($61.9 billion) and earnings ($18.5 billion) that smashed Wall Street forecasts. \n\n\n \"During the pandemic, we've seen more consumers use YouTube to discover and shop,\" Google Chief Business Officer Philipp Schindler told analysts during a conference call late Tuesday. \n\n\n Read more: Google's wave of digital ad sales helps it crush revenue, earnings estimates \n\n\n YouTube monetization is taking shape, AB Bernstein analyst Mark Shmulik said, with ad revenue catapulting $1 billion sequentially and subscriptions on YouTube a \"key driver\" of Google's Other business division. \"Google continues to fight for linear TV ad dollars, with the users incremental to TV audiences,\" Shmulik wrote July 28 in a note that maintains an outperform rating on Google shares with a price target of $3,200. \"This quarter's strength was driven primarily by the continued recovery in brand dollars.\" \n\n\n Added Barclays analyst Ross Sandler: \"Digital advertising is proving to be very resilient in this economic cycle, and the growth rates across the space, including at Google and YouTube, are staggering owing to share shift and easy comps -- some of the highest figures we may ever see.\" (He jacked up Google's price target to $3,200 from $3,000 in a July 27 note to clients.) \n\n\n -Jon Swartz \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n July 31, 2021 14:49 ET (18:49 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803354294,"gmtCreate":1627424892318,"gmtModify":1703489505716,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803354294","repostId":"2154912032","repostType":2,"repost":{"id":"2154912032","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1627417965,"share":"https://ttm.financial/m/news/2154912032?lang=&edition=fundamental","pubTime":"2021-07-28 04:32","market":"hk","language":"en","title":"Apple Reports Q3 Services Revenue $17.486B, Up From $13.156B YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=2154912032","media":"Benzinga","summary":"Apple Reports Q3 Services Revenue $17.486B, Up From $13.156B YoY","content":"<html><body><p>Apple Reports Q3 Services Revenue $17.486B, Up From $13.156B YoY</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Reports Q3 Services Revenue $17.486B, Up From $13.156B YoY</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Reports Q3 Services Revenue $17.486B, Up From $13.156B YoY\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-28 04:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Apple Reports Q3 Services Revenue $17.486B, Up From $13.156B YoY</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.benzinga.com/news/earnings/21/07/22183714/apple-reports-q3-services-revenue-17-486b-up-from-13-156b-yoy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154912032","content_text":"Apple Reports Q3 Services Revenue $17.486B, Up From $13.156B YoY","news_type":1},"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809067342,"gmtCreate":1627340927186,"gmtModify":1703487772402,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Yippee!","listText":"Yippee!","text":"Yippee!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809067342","repostId":"2154596493","repostType":2,"repost":{"id":"2154596493","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1627333200,"share":"https://ttm.financial/m/news/2154596493?lang=&edition=fundamental","pubTime":"2021-07-27 05:00","market":"us","language":"en","title":"Tesla tops $1 billion in profit, delays Semi launch","url":"https://stock-news.laohu8.com/highlight/detail?id=2154596493","media":"Dow Jones","summary":"Tesla Inc. late Monday beat Wall Street expectations for its second quarter, with sales nearly doubling and the Silicon Valley electric-car maker calling for an \"inflection point\" for EVs. See full story .This could be the peak of the tech boom -- Here's what to look for. As tech companies begin reporting more huge profit and sales totals this week, the question to ask is how long the heady growth can continue. See full story .Bitcoin price trades above $40,000 -- 4 things driving the rall","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Tesla tops $1 billion in profit, delays Semi launch\n</p>\n<p>\n By MarketWatch \n</p>\n<p>\n MARKETWATCH FRONT PAGE \n</p>\n<p>\n Tesla Inc. late Monday beat Wall Street expectations for its second quarter, with sales nearly doubling and the Silicon Valley electric-car maker calling for an \"inflection point\" for EVs. See full story . \n</p>\n<p>\n This could be the peak of the tech boom -- Here's what to look for \n</p>\n<p>\n As tech companies begin reporting more huge profit and sales totals this week, the question to ask is how long the heady growth can continue. See full story . \n</p>\n<p>\n Bitcoin price trades above $40,000 -- 4 things driving the rally \n</p>\n<p>\n A rally by bitcoin on Monday wasn't all about a help-wanted ad from Amazon.com Inc., analysts say. See full story . \n</p>\n<p>\n Fauci confirms U.S. health officials are taking a fresh look at face masks, as COVID-19 cases continue to spread \n</p>\n<p>\n The U.S. government's leading health officials are actively considering recommending that even those individuals that are fully vaccinated against COVID-19 wear face masks in public settings again, as the highly transmissible delta variant continues to spread, Dr. Anthony Fauci has confirmed. See full story . \n</p>\n<p>\n Dow, S&P 500 and Nasdaq end at records ahead of Big Tech earnings, Fed meeting \n</p>\n<p>\n Stock benchmarks book a string of records and 5 straight days of gains on Monday, as investors look ahead to a flood of earnings this week from Big Tech companies and await a meeting of Federal Reserve officials. See full story . \n</p>\n<p>\n MARKETWATCH PERSONAL FINANCE \n</p>\n<p>\n The joint statement comes the same day the Department of Veterans Affairs said it would require vaccination for all medical staff. See full story . \n</p>\n<p>\n -MarketWatch; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 26, 2021 17:00 ET (21:00 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla tops $1 billion in profit, delays Semi launch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla tops $1 billion in profit, delays Semi launch\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-27 05:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Tesla tops $1 billion in profit, delays Semi launch\n</p>\n<p>\n By MarketWatch \n</p>\n<p>\n MARKETWATCH FRONT PAGE \n</p>\n<p>\n Tesla Inc. late Monday beat Wall Street expectations for its second quarter, with sales nearly doubling and the Silicon Valley electric-car maker calling for an \"inflection point\" for EVs. See full story . \n</p>\n<p>\n This could be the peak of the tech boom -- Here's what to look for \n</p>\n<p>\n As tech companies begin reporting more huge profit and sales totals this week, the question to ask is how long the heady growth can continue. See full story . \n</p>\n<p>\n Bitcoin price trades above $40,000 -- 4 things driving the rally \n</p>\n<p>\n A rally by bitcoin on Monday wasn't all about a help-wanted ad from Amazon.com Inc., analysts say. See full story . \n</p>\n<p>\n Fauci confirms U.S. health officials are taking a fresh look at face masks, as COVID-19 cases continue to spread \n</p>\n<p>\n The U.S. government's leading health officials are actively considering recommending that even those individuals that are fully vaccinated against COVID-19 wear face masks in public settings again, as the highly transmissible delta variant continues to spread, Dr. Anthony Fauci has confirmed. See full story . \n</p>\n<p>\n Dow, S&P 500 and Nasdaq end at records ahead of Big Tech earnings, Fed meeting \n</p>\n<p>\n Stock benchmarks book a string of records and 5 straight days of gains on Monday, as investors look ahead to a flood of earnings this week from Big Tech companies and await a meeting of Federal Reserve officials. See full story . \n</p>\n<p>\n MARKETWATCH PERSONAL FINANCE \n</p>\n<p>\n The joint statement comes the same day the Department of Veterans Affairs said it would require vaccination for all medical staff. See full story . \n</p>\n<p>\n -MarketWatch; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 26, 2021 17:00 ET (21:00 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154596493","content_text":"MW Tesla tops $1 billion in profit, delays Semi launch\n\n\n By MarketWatch \n\n\n MARKETWATCH FRONT PAGE \n\n\n Tesla Inc. late Monday beat Wall Street expectations for its second quarter, with sales nearly doubling and the Silicon Valley electric-car maker calling for an \"inflection point\" for EVs. See full story . \n\n\n This could be the peak of the tech boom -- Here's what to look for \n\n\n As tech companies begin reporting more huge profit and sales totals this week, the question to ask is how long the heady growth can continue. See full story . \n\n\n Bitcoin price trades above $40,000 -- 4 things driving the rally \n\n\n A rally by bitcoin on Monday wasn't all about a help-wanted ad from Amazon.com Inc., analysts say. See full story . \n\n\n Fauci confirms U.S. health officials are taking a fresh look at face masks, as COVID-19 cases continue to spread \n\n\n The U.S. government's leading health officials are actively considering recommending that even those individuals that are fully vaccinated against COVID-19 wear face masks in public settings again, as the highly transmissible delta variant continues to spread, Dr. Anthony Fauci has confirmed. See full story . \n\n\n Dow, S&P 500 and Nasdaq end at records ahead of Big Tech earnings, Fed meeting \n\n\n Stock benchmarks book a string of records and 5 straight days of gains on Monday, as investors look ahead to a flood of earnings this week from Big Tech companies and await a meeting of Federal Reserve officials. See full story . \n\n\n MARKETWATCH PERSONAL FINANCE \n\n\n The joint statement comes the same day the Department of Veterans Affairs said it would require vaccination for all medical staff. See full story . \n\n\n -MarketWatch; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n July 26, 2021 17:00 ET (21:00 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800792973,"gmtCreate":1627316850992,"gmtModify":1703487572835,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Way to go ??","listText":"Way to go ??","text":"Way to go ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800792973","repostId":"1100647798","repostType":2,"repost":{"id":"1100647798","pubTimestamp":1627313442,"share":"https://ttm.financial/m/news/1100647798?lang=&edition=fundamental","pubTime":"2021-07-26 23:30","market":"us","language":"en","title":"Apple Earnings Face High Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1100647798","media":"seekingalpha","summary":"After the bell on Tuesday, we'll receive fiscal third quarter results from technology giant Apple for its June ending period. With the company's previous two quarterly earnings reports smashing street estimates, it's not really a surprise that expectations have continued to rise. With shares rallying in recent weeks to new all-time highs, another strong report will likely be needed to keep things going.I'm sure analysts will also be looking to see how Apple has navigated the chip shortage as we","content":"<p><b>Summary</b></p>\n<ul>\n <li>Shares go into report near all-time high.</li>\n <li>Estimates surge after two massive beats.</li>\n <li>Timing of product launches will shift revenue picture.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bdd5b8fd99a0523d96bf052afd8c1b37\" tg-width=\"1536\" tg-height=\"988\" width=\"100%\" height=\"auto\"><span>Nikada/iStock Unreleased via Getty Images</span></p>\n<p>After the bell on Tuesday, we'll receive fiscal third quarter results from technology giant Apple (AAPL) for its June ending period. With the company's previous two quarterly earnings reports smashing street estimates, it's not really a surprise that expectations have continued to rise. With shares rallying in recent weeks to new all-time highs, another strong report will likely be needed to keep things going.</p>\n<p>For the first half of fiscal 2021, Apple's revenues have beaten street estimates by an average of $10.25 billion per quarter. The fiscal Q3 current average estimate is $73.44 billion, which would represent growth of more than 23% from the year-ago period. It's quite impressive that the current average is up more than $13 billion over the past year. On the bottom line, the street is looking for $1.01, growth of more than 56%. In the table below, you can see some Q3 key financial items for the past two years, with the current estimates for this year's period in yellow. Dollar values are millions except per share amounts.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df8630a7ef0be70113aeac0d50265a57\" tg-width=\"476\" tg-height=\"361\" width=\"100%\" height=\"auto\"><span>(*Numbers estimated based on last year's split. Actual numbers to come from the company. Source: Fiscal Q3 2020 report)</span></p>\n<p>Apple is comingoff arguably its best quarter ever. Revenues for the iPhone were up more than 65.5% over the prior-year period, with the Mac up more than 70% and iPad up nearly 79%. Fiscal Q2 overall revenue growth was nearly 54%, so this time around we're looking for about 40% of that figure. Don't forget, on the Q2 conference call, management talked about a $3 billion to $4 billion revenue hit in the June period from supply constraints.</p>\n<p>I'm most curious to see how the iPhone does this time around, as it appears that the 5G supercycle seems to be going pretty well. This year, however, most expectations are that the smartphone will return to its usual September launch period, meaning new phone revenues would be generated in fiscal Q4 again. Last year's coronavirus delayed launch meant sales didn't start until well into October and even November for some models, completely changing the sales trajectory for Apple's current fiscal year. This year's launch isn't expected to see a major upgrade to the phone line itself, so demand trends will probably be more dependent on how many consumers are upgrading to 5G rather than switching to iPhones.</p>\n<p>I'm sure analysts will also be looking to see how Apple has navigated the chip shortage as well as soaring commodity prices. I don't think we will see a repeat of the 575 basis point increase in product gross margins that Q2 saw this time around, but the iPhone 12 line should still provide a nice year-over-year boost. In the long run, investors will look at growing services margins helping the gross margin percentage overall, but don't forget that the services side of the business has a lot of its expenses on the operating line.</p>\n<p>For the stock to stay elevated, management is going to need to show that work from home and stimulus money tailwinds are still ongoing. As I discussed in a previous article, estimates call for Apple to see quarterly revenues decline for its March 2022 fiscal period, as the company laps very high previous year bars. While that might bring out some of the bears again, the long-term trajectory still seems positive. Current estimates call for $355 billion in total revenue during this fiscal year with Apple adding another $50 billion to that total over the next three years.</p>\n<p>I hope that management took advantage of the weakness in Apple shares during the quarter for its buyback. Even though the company is spending $20 billion or so every three months, that money doesn't go as far as $145 as it does at $125, obviously. Less shares repurchased means less of an earnings per share benefit, and lower long-term dividend raises. The good news is that Apple is on its way towards $100 billion a year in free cash flow, so investors don't need to worry about capital returns slowing down anytime soon.</p>\n<p>The major issue for Apple right now is valuation. Shares finished last week trading at 33.4 times their trailing twelve-month earnings. That's basically double the mid-teens numbers from a couple of years ago, helped a lot by easy-money policies around the globe. My current price target of $162 is based on a 30X multiple of $5.40 in EPS for the September 2022 period. That number, however, assumes that the Fed and other central banks will remain fairly accommodative through most of next year. If we start to get a lot of tapering and or rate hikes earlier than expected, the overall market is likely to feel some pain, and I don't see how Apple would be immune from that.</p>\n<p>A strong report from Apple could easily help shares to rise to a new all-time high. But just to play devil's advocate for a minute, what if there is a disappointment or a \"buy the rumor, sell the news\" reaction? Well, shares are quite a bit above their key moving averages as seen in the chart below (50-day in purple, 200-day in orange). As long as Apple can hold the shorter-term trend line, that rising technical level should be one of support. The stock has been able to hold the long-term trend line for quite a while, so I don't see any more than about 14% downside in the near term unless we get a major market pullback.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc37ee144edb22fd36fcd15cf5fc3470\" tg-width=\"640\" tg-height=\"273\" width=\"100%\" height=\"auto\"><span>(Source: Yahoo! Finance)</span></p>\n<p>In the end, expectations for Apple are very high as earnings approach this week. Two massive quarterly beats have sent estimates through the roof, and the stock has recently run to a new all-time high. The market will be looking for signs that the iPhone supercycle has continued while work from home tailwinds have not subsided just yet. Investors hoping that this rally can continue will need to see a strong report, with management hopefully painting a bright sales picture for upcoming fall product launches.</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>Apple Earnings Face High Expectations</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\">\nApple Earnings Face High Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 23:30 GMT+8 <a href=https://seekingalpha.com/article/4441375-apple-earnings-face-high-expectations><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nShares go into report near all-time high.\nEstimates surge after two massive beats.\nTiming of product launches will shift revenue picture.\n\nNikada/iStock Unreleased via Getty Images\nAfter the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4441375-apple-earnings-face-high-expectations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4441375-apple-earnings-face-high-expectations","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100647798","content_text":"Summary\n\nShares go into report near all-time high.\nEstimates surge after two massive beats.\nTiming of product launches will shift revenue picture.\n\nNikada/iStock Unreleased via Getty Images\nAfter the bell on Tuesday, we'll receive fiscal third quarter results from technology giant Apple (AAPL) for its June ending period. With the company's previous two quarterly earnings reports smashing street estimates, it's not really a surprise that expectations have continued to rise. With shares rallying in recent weeks to new all-time highs, another strong report will likely be needed to keep things going.\nFor the first half of fiscal 2021, Apple's revenues have beaten street estimates by an average of $10.25 billion per quarter. The fiscal Q3 current average estimate is $73.44 billion, which would represent growth of more than 23% from the year-ago period. It's quite impressive that the current average is up more than $13 billion over the past year. On the bottom line, the street is looking for $1.01, growth of more than 56%. In the table below, you can see some Q3 key financial items for the past two years, with the current estimates for this year's period in yellow. Dollar values are millions except per share amounts.\n(*Numbers estimated based on last year's split. Actual numbers to come from the company. Source: Fiscal Q3 2020 report)\nApple is comingoff arguably its best quarter ever. Revenues for the iPhone were up more than 65.5% over the prior-year period, with the Mac up more than 70% and iPad up nearly 79%. Fiscal Q2 overall revenue growth was nearly 54%, so this time around we're looking for about 40% of that figure. Don't forget, on the Q2 conference call, management talked about a $3 billion to $4 billion revenue hit in the June period from supply constraints.\nI'm most curious to see how the iPhone does this time around, as it appears that the 5G supercycle seems to be going pretty well. This year, however, most expectations are that the smartphone will return to its usual September launch period, meaning new phone revenues would be generated in fiscal Q4 again. Last year's coronavirus delayed launch meant sales didn't start until well into October and even November for some models, completely changing the sales trajectory for Apple's current fiscal year. This year's launch isn't expected to see a major upgrade to the phone line itself, so demand trends will probably be more dependent on how many consumers are upgrading to 5G rather than switching to iPhones.\nI'm sure analysts will also be looking to see how Apple has navigated the chip shortage as well as soaring commodity prices. I don't think we will see a repeat of the 575 basis point increase in product gross margins that Q2 saw this time around, but the iPhone 12 line should still provide a nice year-over-year boost. In the long run, investors will look at growing services margins helping the gross margin percentage overall, but don't forget that the services side of the business has a lot of its expenses on the operating line.\nFor the stock to stay elevated, management is going to need to show that work from home and stimulus money tailwinds are still ongoing. As I discussed in a previous article, estimates call for Apple to see quarterly revenues decline for its March 2022 fiscal period, as the company laps very high previous year bars. While that might bring out some of the bears again, the long-term trajectory still seems positive. Current estimates call for $355 billion in total revenue during this fiscal year with Apple adding another $50 billion to that total over the next three years.\nI hope that management took advantage of the weakness in Apple shares during the quarter for its buyback. Even though the company is spending $20 billion or so every three months, that money doesn't go as far as $145 as it does at $125, obviously. Less shares repurchased means less of an earnings per share benefit, and lower long-term dividend raises. The good news is that Apple is on its way towards $100 billion a year in free cash flow, so investors don't need to worry about capital returns slowing down anytime soon.\nThe major issue for Apple right now is valuation. Shares finished last week trading at 33.4 times their trailing twelve-month earnings. That's basically double the mid-teens numbers from a couple of years ago, helped a lot by easy-money policies around the globe. My current price target of $162 is based on a 30X multiple of $5.40 in EPS for the September 2022 period. That number, however, assumes that the Fed and other central banks will remain fairly accommodative through most of next year. If we start to get a lot of tapering and or rate hikes earlier than expected, the overall market is likely to feel some pain, and I don't see how Apple would be immune from that.\nA strong report from Apple could easily help shares to rise to a new all-time high. But just to play devil's advocate for a minute, what if there is a disappointment or a \"buy the rumor, sell the news\" reaction? Well, shares are quite a bit above their key moving averages as seen in the chart below (50-day in purple, 200-day in orange). As long as Apple can hold the shorter-term trend line, that rising technical level should be one of support. The stock has been able to hold the long-term trend line for quite a while, so I don't see any more than about 14% downside in the near term unless we get a major market pullback.\n(Source: Yahoo! Finance)\nIn the end, expectations for Apple are very high as earnings approach this week. Two massive quarterly beats have sent estimates through the roof, and the stock has recently run to a new all-time high. The market will be looking for signs that the iPhone supercycle has continued while work from home tailwinds have not subsided just yet. Investors hoping that this rally can continue will need to see a strong report, with management hopefully painting a bright sales picture for upcoming fall product launches.","news_type":1},"isVote":1,"tweetType":1,"viewCount":373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800614651,"gmtCreate":1627297499273,"gmtModify":1703487025946,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Another smart move?","listText":"Another smart move?","text":"Another smart move?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800614651","repostId":"1175108896","repostType":2,"repost":{"id":"1175108896","pubTimestamp":1627290545,"share":"https://ttm.financial/m/news/1175108896?lang=&edition=fundamental","pubTime":"2021-07-26 17:09","market":"us","language":"en","title":"Tesla Could Become A Subscription Company","url":"https://stock-news.laohu8.com/highlight/detail?id=1175108896","media":"seekingalpha","summary":"Summary\n\nTesla is indicating a movement toward an Adobe-like subscription business model, which has ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla is indicating a movement toward an Adobe-like subscription business model, which has been shown to skyrocket revenue.</li>\n <li>In this way, Tesla is again a first-mover and will set the standards for the industry in the coming decades.</li>\n <li>Technically, the recent movement is a rather normal pattern and tends to lead to more gains.</li>\n <li>I recommend TSLA longs add a credit strategy to their position before earnings, both for protection and extra income.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0b0473d75b9ec97c9c4ae413f111f4f\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>jetcityimage/iStock Editorial via Getty Images</span></p>\n<p>I last wrote about Tesla(TSLA) in 2019, when I recommended a buy on the pullback. Said pullback was a pullback to $47, a number TSLA will likely never hit again. These days, TSLA flirts with numbers over $1,000, and with good reason.</p>\n<p>And today, TSLA has yet another reason to justify its lofty price. The company has unveiled a full self driving(FSD) subscription. This is a step in the right direction.</p>\n<p><b>Subscriptions: The Ultimate Profit Model</b></p>\n<p>Software – and more broadly, tech – has been moving to subscription-based business models, which have proved themselves to be vastly superior to the old way of doing business (selling a product outright) in terms of profitability. Whereas once we paid a one-time fee for a product such as Adobe (ADBE) Photoshop, now we are almost certainly paying much more than that one-time payment over the product’s lifetime. It was only a matter of time for the slower-than-tech automotive industry to understand that subscription business models can siphon much more money from the customer than the traditional model, and I’m not surprised that Tesla, often regarded more as a tech company than an automobile company, is to be the first company employing this strategy.</p>\n<p>I believe Pierre Ferragu understands this. From SA’s above-linked news on the FSD subscription:</p>\n<blockquote>\n One of the biggest bulls on the FSD upside for Tesla is New Street Research analyst Pierre Ferragu. He thinks Tesla will make roughly $7K in profit from selling a car and almost $23K from selling FSD subscriptions on the same vehicle by 2030. If Ferragu is correct, the entire industry is expected to move toward an autonomous subscription service model.”\n</blockquote>\n<p>Ferragu’s predictions match my thoughts on the subscription-based business model. Tesla’s revenue and subscription paradigm could easily become Adobe-like, where the vast majority of the company’s revenue stems from subscriptions. (Seemy recent article on Adobefor more on how this business model works.) The potential of this business model’s impact on revenue is easily seen via Adobe’s results (though many other companies are seeing the same sort of results):</p>\n<p><img src=\"https://static.tigerbbs.com/7890fd8becf42b56654cfdcdadfd97de\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Of course, the stock sees results too:</p>\n<p><img src=\"https://static.tigerbbs.com/32e86fdc239f4d4e1f3dea8a10634bf4\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Importantly, Ferragu notes that the whole industry will move toward the subscription business model, a sentiment I agree with. Some might argue that the automotive industry is not the software industry and that it is better to provide a quality product at a fair price when it comes to automobiles. But history would show this to be incorrect: Look at how General Motors (GM) pushed even Ford (F), a company that built itself on creating long-lasting, quality cars, into the planned obsolescence paradigm (yearly design upgrades for each product line) that the industry has fallen into.</p>\n<p>In the future, Tesla’s bulk revenue should come not from car sales but from subscriptions. This is the new economy for most industries moving forward, and Tesla will be the pioneer of this business model in the automotive industry. We’ve seen how this has played out to the benefit of profitability in software and film (streaming services such as Disney and Netflix), and it should play out similarly for automobiles.</p>\n<p>Consider this: Tesla sold around 500K cars in 2020. With the Berlin, Shanghai, and Texas plants in action this year, Tesla should be producing an extra 300K cars in 2021. At this rate, Tesla will be over the 1M per year mark (likely around 1.5M) before the end of 2022. Assume only half of the produced cars per year end up with a FSD subscription, then, a la Adobe, subscription revenue can be seen quickly approaching equality with the revenue from the traditional model – note that this model is highly conservative as it ignores all cars produced prior to 2020:</p>\n<p><b>Revenue from FSD Subscriptions Per Year</b></p>\n<img src=\"https://static.tigerbbs.com/707addf56e3e845f8eb7727ba378c382\" tg-width=\"903\" tg-height=\"353\" width=\"100%\" height=\"auto\">\n<table>\n <tbody>\n <tr></tr>\n </tbody>\n</table>\n<p>It is difficult to tell when subscription revenue will surpass vehicle sales revenue because of numerous unknowns in the model, such as the percentage of Tesla drivers subscribing to FSD and the success of the 2023 Model 3 in penetrating the “affordable” car market. However, the rate at which subscription revenue grows is geometric-to-exponential, will be a double-digit percentage within the next couple years and is likely to be the majority of Tesla’s revenue stream by the end of the decade.</p>\n<p>Tesla is taking the right step here, and we could very well see the company overcome hurdles that have plagued the car industry for decades. If so, we could see lower earnings variance in the cases of political policies targeting the automotive industry. For instance, revenue from the FSD subscription could remain unscathed by new tariffs and environmental policies, two sources of regulation that typically target cars themselves, not the software being employed. This is still speculative, but thus far we have no reason to suspect governments will specifically target FSD subscriptions in their carbon-reduction regulations or in tax policies.</p>\n<p>Once successfully rolled out, the FSD subscription is likely to become a source of reliable income for the company. As subscription revenue grows to where it exceeds sales revenue, investors will increasingly see Tesla as a safe investment. IV on TSLA should drop as subscription revenue outpaces traditional sales revenue, and drops in IV tend to correlate with stock moving upward.</p>\n<p>From both a fundamental perspective and a stock perspective, the FSD subscription announcement is highly bullish. I see this as a reason for TSLA bulls to buy on any significant pullback.</p>\n<p>Yet we must admit, as with all new business models, investors have inherent risk. While the subscription model is extremely profitable itself, whether Tesla drivers will accept the FSD subscription remains a key factor in successfully employing the model. While I believe – due to its track record – Tesla will eventually work out the technical kinks in its self-driving feature, I can see two big reasons that FSD could flop.</p>\n<p>First, Tesla could fail to bring FSD to level 5, the level promised, perhaps leading to a class-action lawsuit from subscribers. The technical aspects of FSD are beyond my expertise, though my background in AI does tell me that achieving level 5 is a monumental effort. Musk has successfully pulled off monumental efforts in the past, but perhaps those with more AI knowledge than I have good reason to believe that this is the hill upon which Musk will die.</p>\n<p>Second, the price point might be too high. For $200 per month, you could lease a brand new Honda – or you can enter Tesla’s work-in-progress FSD as a sort of beta tester. As we enter 2023, which should be a big year for Tesla with its $25,000 Model 2s allowing the company access to a new customer demographic, we need to reconsider whether a $200-per-month subscription will be appealing to the general Tesla user base. An overpriced subscription model can be easily fixed in the long run and should thus not be seen as a huge risk to the bull thesis, but too high of a price can prevent that initial market penetration Tesla needs in pioneering the subscription-as-a-model implementation in the automobile industry.</p>\n<p><b>Technical Bullishness</b></p>\n<p>From a technical perspective, too, TSLA is looking bullish. While often cited as being incredibly overpriced relative to the past couple years, TSLA is not making movements that are uncharacteristic of the stock. The recent movement pattern actually looks quite a bit like the one in early 2020, right before the huge rally:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9ba282cb205e46e0448e0f01c7d8ee3f\" tg-width=\"640\" tg-height=\"420\" width=\"100%\" height=\"auto\"><span>(Source: Damon Verial; data from Tiingo)</span></p>\n<p>Once you control for trading days, the movement looks relatively conservative. It’s about the median movement for a given quarter:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1df19786e20b710470c561208d69d7c5\" tg-width=\"640\" tg-height=\"420\" width=\"100%\" height=\"auto\"><span>(Source: Damon Verial; data from Tiingo)</span></p>\n<p>If you extrapolate this to 200 trading days, you will find that TSLA tends to move upward another 10% with rather average volatility. The 2020 movement is an outlier in magnitude only; the pattern itself does not differ all that much from TSLA’s usual yearly movements:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/15a41d91691e32e1243015029fa67fa9\" tg-width=\"640\" tg-height=\"420\" width=\"100%\" height=\"auto\"><span>(Source: Damon Verial; data from Tiingo)</span></p>\n<p>With TSLA heading into earnings, an impressive earnings report could give us a similar upward movement. Of course, playing TSLA over earnings is quite risky, which is why we do not typically play TSLA over earnings in my earnings-trading group (Exposing Earnings). Thus, I recommend those interested in TSLA buy on the back of the FSD subscription news, as this is a bullish fundamental catalyst.</p>\n<p><b>Options Strategy</b></p>\n<p>If you are playing options, however, you might wish to wait until after earnings so that you are not exposed to a volatility crush (option IV falling rapidly and thus decreasing the values of long options, as long options are also long vega). If you want to take an options strategy to hedge earnings risk, though, here is what I recommend. I’m assuming you’re holding 100 shares of TSLA, making this a hedge with extra profitability on the long side:</p>\n<ol>\n <li>Sell 1x Jul 30 $700 put</li>\n <li>Buy 2x Jul 30 $650 puts</li>\n</ol>\n<p>Net credit: $7000</p>\n<p>This is a volatile strategy, meaning it allows us to profit on either side. The major risk is if TSLA consolidates, trading strictly between $650 and $700 over the rest of July. Otherwise, we stand to profit on either side, either by the net long puts on the downside or via the stock plus credit earned from the strategy on the long side.</p>\n<p>Even if you are confident TSLA will not sell off on earnings, this strategy works to your benefit by bringing in an extra $7000 in profit per 100 shares. You have the added value of downside protection, too. Let me know what you think in the comments section.</p>\n<p><b>Conclusion</b></p>\n<p>Tesla’s addition of an FSD subscription greatly improves the company’s maximum revenue potential. Subscription services have proved themselves to quickly and drastically change the primary source of revenue for a company and could easily turn Tesla into a software company more so than an automotive company. Being so, we need to consider the possibility that Tesla entering the EV market was just the beginning for this company and that the financial future of Tesla is in its FSD service. If so, we are undervaluing this company, as we are using an EV lens to judge a software company.</p>\n<p>I am highly bullish on TSLA in the long term due to the FSD prospects. In the short term, I believe the technicals are implying an upward swing. With earnings on Jul 26, you might want to hedge the downside simply due to TSLA’s volatility. But overall, being long on TSLA at this price is likely a profitable decision even with a short-term pullback.</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>Tesla Could Become A Subscription Company</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Could Become A Subscription Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 17:09 GMT+8 <a href=https://seekingalpha.com/article/4441324-tesla-could-become-a-subscription-company><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla is indicating a movement toward an Adobe-like subscription business model, which has been shown to skyrocket revenue.\nIn this way, Tesla is again a first-mover and will set the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4441324-tesla-could-become-a-subscription-company\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4441324-tesla-could-become-a-subscription-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175108896","content_text":"Summary\n\nTesla is indicating a movement toward an Adobe-like subscription business model, which has been shown to skyrocket revenue.\nIn this way, Tesla is again a first-mover and will set the standards for the industry in the coming decades.\nTechnically, the recent movement is a rather normal pattern and tends to lead to more gains.\nI recommend TSLA longs add a credit strategy to their position before earnings, both for protection and extra income.\n\njetcityimage/iStock Editorial via Getty Images\nI last wrote about Tesla(TSLA) in 2019, when I recommended a buy on the pullback. Said pullback was a pullback to $47, a number TSLA will likely never hit again. These days, TSLA flirts with numbers over $1,000, and with good reason.\nAnd today, TSLA has yet another reason to justify its lofty price. The company has unveiled a full self driving(FSD) subscription. This is a step in the right direction.\nSubscriptions: The Ultimate Profit Model\nSoftware – and more broadly, tech – has been moving to subscription-based business models, which have proved themselves to be vastly superior to the old way of doing business (selling a product outright) in terms of profitability. Whereas once we paid a one-time fee for a product such as Adobe (ADBE) Photoshop, now we are almost certainly paying much more than that one-time payment over the product’s lifetime. It was only a matter of time for the slower-than-tech automotive industry to understand that subscription business models can siphon much more money from the customer than the traditional model, and I’m not surprised that Tesla, often regarded more as a tech company than an automobile company, is to be the first company employing this strategy.\nI believe Pierre Ferragu understands this. From SA’s above-linked news on the FSD subscription:\n\n One of the biggest bulls on the FSD upside for Tesla is New Street Research analyst Pierre Ferragu. He thinks Tesla will make roughly $7K in profit from selling a car and almost $23K from selling FSD subscriptions on the same vehicle by 2030. If Ferragu is correct, the entire industry is expected to move toward an autonomous subscription service model.”\n\nFerragu’s predictions match my thoughts on the subscription-based business model. Tesla’s revenue and subscription paradigm could easily become Adobe-like, where the vast majority of the company’s revenue stems from subscriptions. (Seemy recent article on Adobefor more on how this business model works.) The potential of this business model’s impact on revenue is easily seen via Adobe’s results (though many other companies are seeing the same sort of results):\n\nOf course, the stock sees results too:\n\nImportantly, Ferragu notes that the whole industry will move toward the subscription business model, a sentiment I agree with. Some might argue that the automotive industry is not the software industry and that it is better to provide a quality product at a fair price when it comes to automobiles. But history would show this to be incorrect: Look at how General Motors (GM) pushed even Ford (F), a company that built itself on creating long-lasting, quality cars, into the planned obsolescence paradigm (yearly design upgrades for each product line) that the industry has fallen into.\nIn the future, Tesla’s bulk revenue should come not from car sales but from subscriptions. This is the new economy for most industries moving forward, and Tesla will be the pioneer of this business model in the automotive industry. We’ve seen how this has played out to the benefit of profitability in software and film (streaming services such as Disney and Netflix), and it should play out similarly for automobiles.\nConsider this: Tesla sold around 500K cars in 2020. With the Berlin, Shanghai, and Texas plants in action this year, Tesla should be producing an extra 300K cars in 2021. At this rate, Tesla will be over the 1M per year mark (likely around 1.5M) before the end of 2022. Assume only half of the produced cars per year end up with a FSD subscription, then, a la Adobe, subscription revenue can be seen quickly approaching equality with the revenue from the traditional model – note that this model is highly conservative as it ignores all cars produced prior to 2020:\nRevenue from FSD Subscriptions Per Year\n\n\n\n\n\n\nIt is difficult to tell when subscription revenue will surpass vehicle sales revenue because of numerous unknowns in the model, such as the percentage of Tesla drivers subscribing to FSD and the success of the 2023 Model 3 in penetrating the “affordable” car market. However, the rate at which subscription revenue grows is geometric-to-exponential, will be a double-digit percentage within the next couple years and is likely to be the majority of Tesla’s revenue stream by the end of the decade.\nTesla is taking the right step here, and we could very well see the company overcome hurdles that have plagued the car industry for decades. If so, we could see lower earnings variance in the cases of political policies targeting the automotive industry. For instance, revenue from the FSD subscription could remain unscathed by new tariffs and environmental policies, two sources of regulation that typically target cars themselves, not the software being employed. This is still speculative, but thus far we have no reason to suspect governments will specifically target FSD subscriptions in their carbon-reduction regulations or in tax policies.\nOnce successfully rolled out, the FSD subscription is likely to become a source of reliable income for the company. As subscription revenue grows to where it exceeds sales revenue, investors will increasingly see Tesla as a safe investment. IV on TSLA should drop as subscription revenue outpaces traditional sales revenue, and drops in IV tend to correlate with stock moving upward.\nFrom both a fundamental perspective and a stock perspective, the FSD subscription announcement is highly bullish. I see this as a reason for TSLA bulls to buy on any significant pullback.\nYet we must admit, as with all new business models, investors have inherent risk. While the subscription model is extremely profitable itself, whether Tesla drivers will accept the FSD subscription remains a key factor in successfully employing the model. While I believe – due to its track record – Tesla will eventually work out the technical kinks in its self-driving feature, I can see two big reasons that FSD could flop.\nFirst, Tesla could fail to bring FSD to level 5, the level promised, perhaps leading to a class-action lawsuit from subscribers. The technical aspects of FSD are beyond my expertise, though my background in AI does tell me that achieving level 5 is a monumental effort. Musk has successfully pulled off monumental efforts in the past, but perhaps those with more AI knowledge than I have good reason to believe that this is the hill upon which Musk will die.\nSecond, the price point might be too high. For $200 per month, you could lease a brand new Honda – or you can enter Tesla’s work-in-progress FSD as a sort of beta tester. As we enter 2023, which should be a big year for Tesla with its $25,000 Model 2s allowing the company access to a new customer demographic, we need to reconsider whether a $200-per-month subscription will be appealing to the general Tesla user base. An overpriced subscription model can be easily fixed in the long run and should thus not be seen as a huge risk to the bull thesis, but too high of a price can prevent that initial market penetration Tesla needs in pioneering the subscription-as-a-model implementation in the automobile industry.\nTechnical Bullishness\nFrom a technical perspective, too, TSLA is looking bullish. While often cited as being incredibly overpriced relative to the past couple years, TSLA is not making movements that are uncharacteristic of the stock. The recent movement pattern actually looks quite a bit like the one in early 2020, right before the huge rally:\n(Source: Damon Verial; data from Tiingo)\nOnce you control for trading days, the movement looks relatively conservative. It’s about the median movement for a given quarter:\n(Source: Damon Verial; data from Tiingo)\nIf you extrapolate this to 200 trading days, you will find that TSLA tends to move upward another 10% with rather average volatility. The 2020 movement is an outlier in magnitude only; the pattern itself does not differ all that much from TSLA’s usual yearly movements:\n(Source: Damon Verial; data from Tiingo)\nWith TSLA heading into earnings, an impressive earnings report could give us a similar upward movement. Of course, playing TSLA over earnings is quite risky, which is why we do not typically play TSLA over earnings in my earnings-trading group (Exposing Earnings). Thus, I recommend those interested in TSLA buy on the back of the FSD subscription news, as this is a bullish fundamental catalyst.\nOptions Strategy\nIf you are playing options, however, you might wish to wait until after earnings so that you are not exposed to a volatility crush (option IV falling rapidly and thus decreasing the values of long options, as long options are also long vega). If you want to take an options strategy to hedge earnings risk, though, here is what I recommend. I’m assuming you’re holding 100 shares of TSLA, making this a hedge with extra profitability on the long side:\n\nSell 1x Jul 30 $700 put\nBuy 2x Jul 30 $650 puts\n\nNet credit: $7000\nThis is a volatile strategy, meaning it allows us to profit on either side. The major risk is if TSLA consolidates, trading strictly between $650 and $700 over the rest of July. Otherwise, we stand to profit on either side, either by the net long puts on the downside or via the stock plus credit earned from the strategy on the long side.\nEven if you are confident TSLA will not sell off on earnings, this strategy works to your benefit by bringing in an extra $7000 in profit per 100 shares. You have the added value of downside protection, too. Let me know what you think in the comments section.\nConclusion\nTesla’s addition of an FSD subscription greatly improves the company’s maximum revenue potential. Subscription services have proved themselves to quickly and drastically change the primary source of revenue for a company and could easily turn Tesla into a software company more so than an automotive company. Being so, we need to consider the possibility that Tesla entering the EV market was just the beginning for this company and that the financial future of Tesla is in its FSD service. If so, we are undervaluing this company, as we are using an EV lens to judge a software company.\nI am highly bullish on TSLA in the long term due to the FSD prospects. In the short term, I believe the technicals are implying an upward swing. With earnings on Jul 26, you might want to hedge the downside simply due to TSLA’s volatility. But overall, being long on TSLA at this price is likely a profitable decision even with a short-term pullback.","news_type":1},"isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177896508,"gmtCreate":1627192990504,"gmtModify":1703485403156,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Hmmm…interesting views.","listText":"Hmmm…interesting views.","text":"Hmmm…interesting views.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/177896508","repostId":"2153878189","repostType":2,"repost":{"id":"2153878189","pubTimestamp":1627179426,"share":"https://ttm.financial/m/news/2153878189?lang=&edition=fundamental","pubTime":"2021-07-25 10:17","market":"us","language":"en","title":"Amazon's stock looks tired. Consider buying shares of these five fast-growing e-commerce plays instead","url":"https://stock-news.laohu8.com/highlight/detail?id=2153878189","media":"MarketWatch","summary":"Amazon started the internet-retail revolution. Five other companies, including Sea and Coupang, are taking it further. Jeff Bezos has plenty of achievements under his belt, the most recent being his extraterrestrial excursion.But Amazon.com shareholders may not be so impressed. Bipartisan talk of antitrust actions against the e-commerce giant could mean that Amazon’s dominance could begin to face challenges from Washington. That comes as Bezos handed off the CEO role to Andy Jassy earlier this m","content":"<p>Amazon started the internet-retail revolution. Five other companies, including Sea and Coupang, are taking it further</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e897e40f58935774b2ab4c3f6bdce36a\" tg-width=\"700\" tg-height=\"392\" width=\"100%\" height=\"auto\"><span>Sea Ltd.'s Shopee e-commerce platform.</span></p>\n<p>Jeff Bezos has plenty of achievements under his belt, the most recent being his extraterrestrial excursion.</p>\n<p>But Amazon.com shareholders may not be so impressed. Bipartisan talk of antitrust actions against the e-commerce giant could mean that Amazon’s dominance could begin to face challenges from Washington. That comes as Bezos handed off the CEO role to Andy Jassy earlier this month.</p>\n<p>Shares of Amazon have underperformed the tech-heavy Nasdaq 100 and the S&P 500 in 2021, even as the coronavirus pandemic forced Americans to rely on its service during the darkest days.</p>\n<p>Given all this, it is worth considering e-commerce alternatives if you’re worried that Amazon’s best days are behind it.</p>\n<p>Here are five smaller high-growth companies you may want to research:</p>\n<p><b>Sea</b></p>\n<p>Shares of Sea Ltd. are up about 45% in 2021, hitting new all-time highs as it continues its aggressive growth across Asia and Latin America.</p>\n<p>The Singapore-based company has a broad business model capitalizing on e-commerce and digital retail operations around the world. That includes its Garena digital entertainment platform that publishes video games and offers e-sports tie-ins, the Shopee e-commerce platform and SeaMoney digital financial services that include mobile payment services.</p>\n<p>Sea was a darling in 2020 as it rode the “stay at home trade” to great success. Revenue doubled year over year in 2020 to $4.4 billion, and the company’s momentum was the envy of Wall Street as Sea stock racked up roughly 640% gains on the calendar year.</p>\n<p>But the fundamentals shown by Sea in 2021 hint that the surge in share prices were justified. Consider that in its first-quarter report in May, revenue surged by about 150%— while gross profit tripled year over year.</p>\n<p>With its next earnings report scheduled for mid-August, Sea stock could see another leg up as it continues to prove Amazon isn’t the only e-commerce name worth watching.</p>\n<p><b>Coupang</b></p>\n<p>While Sea has been a cult stock for a while in some circles, one Asian e-commerce stock that is still flying under the radar for many is Korea-based Coupang Inc.. South Korea’s biggest e-commerce company began trading in March after an IPO that raised $4.6 billion, but since then shares have drifted lower — and other cult-like stocks have won all the attention.</p>\n<p>If you haven’t yet heard of Coupang, its model should be quite familiar. It sells various products including home goods, apparel, beauty products, sporting goods and electronics. It’s also looking beyond these tried-and-true categories to include a focus on fresh food and groceries, as well as services including travel and restaurant delivery.</p>\n<p>Though the fundamentals are light given its recent debut, the numbers we have do show this regional e-tailer is connecting in a big way in Korea. Namely, it saw net revenue growth of 74% in its first-quarter report in May, and gross profit up 70% year over year. Total customers grew 21%, and revenue per customer surged 44%.</p>\n<p>Admittedly, the total customer base in that quarter was just 16 million households — hardly Amazon-esque. And so far in 2021, share prices has slumped slightly, even though the S&P 500 has powered higher. But remember, this is a company that just raised $4.6 billion — with a “B” — and is serious about growth. Considering the language and logistical barriers to competition in the markets it serves that clearly have long-term growth potential, investors may want to consider the lull in Coupang shares a buying opportunity.</p>\n<p><b>MercadoLibre</b></p>\n<p>Taking a page out of the playbook of Silicon Valley stocks that boast high share prices and a refusal to split, MercadoLibre Inc. is currently trading well above four figures — and based on recent history, seems as if it’s likely to stay there.</p>\n<p>MercadoLibre stock has cooled off in 2021 and is sitting on a slight loss year to date, compared with an uptrend broadly for U.S. stocks. However, that’s after this Latin American stock racked up 200% gains last year. Argentina-based MercadoLibre is hardly slowing down, however, as in the first quarter it reported 70 million active users — an increase of 62% above the just over 43 million users in the prior year. Gross merchandise volume was up even more at a 77% year-over-year growth rate to just over $6 billion, compared with $3.4 billion in the first quarter of 2020.</p>\n<p>What’s really exciting for investors, however, is that the gains in core e-commerce transactions is supplemented by continued growth into financial services. MercadoLibre reported an impressive $2.9 billion in payment volume through its mobile wallet platform, and its Mercado Credito lending platform saw its portfolio grow to $576 million — more than doubling over the prior year.</p>\n<p>Amazon has taught e-commerce companies that dominating all aspects of the consumer experience is how to truly build a dominant operation. With MercadoLibre growing sales but also increasingly connecting on the financial side, it is setting up itself to be a force in Latin America — and a real competitor to even entrenched western e-commerce brands.</p>\n<p><b>Newegg</b></p>\n<p>Newegg Commerce Inc. is a consumer-electronics e-tailer that has a bit of a following in computer geek circles but largely has gone unnoticed by most consumers and investors. That is, until it spiked from $10 a share to a brief high above $60 a share in July.</p>\n<p>The inciting incident was news that Newegg would carry hard-to-get Nvidia graphics hardware, and theoretically see a big bump in revenue and profits as a result. However, Newegg may be proving that it is much more than just a tangential play piggybacking off Nvidia as it proves there is real value to specialty retailers that serve a specific audience — and can offer in-demand products instead of knock-offs propped up by fraudulent five-star reviews.</p>\n<p>Newegg went public via a SPAC, so it doesn’t have a lot of history to show investors just yet. But what little we know is proof that Newegg stock has potential. Consider it commands an impressive market share when it comes to core hardware items like PC processors, motherboards and the like. It also ranks as a top-five website worldwide when it comes to computer and electronics retailing sites, and is a go-to site for cryptocurrency miners as well as PC gamers.</p>\n<p>According to what we know about the financials, Newegg topped $2.1 billion in sales, thanks to its dominance in this profitable niche of computer components. And as evidenced by its recent Nvidia score, it has deep relationships with consumer electronics suppliers to ensure it is not just another Amazon clone selling cut-rate flat screens.</p>\n<p><b>Shopify</b></p>\n<p>If you’re interested in what life looks like for e-commerce beyond Amazon, look no further than Shopify Inc..This Canada-based tech company offers a platform for any company to build out web and mobile storefronts, integrate those operations into physical retail locations and then assist with the nitty gritty of inventory, shipping and payments.</p>\n<p>Shopify stock was one of those names that made a lot of headlines in 2020 as part of the pandemic-related surge in service providers made for social distancing. Shares surged from about $400 to $1,100 last year as a result of everyone looking to do business digitally. But in 2021, Shopify stock has tacked on almost 40% more, proving this is not just a COVID trade. After all, the e-commerce potential it helps merchants realize is real and lasting beyond the pandemic.</p>\n<p>Case in point:Fiscal first-quarter revenue growth reported at the end of April was a red hot 110%. But what long-term investors will like even more is that its subscription service metric MRR — that is, monthly recurring revenue — accelerated 62% year-over-year to prove that many of the initial spend on building out these platforms is sticking as clients maintain their Shopify presence.</p>\n<p>Shopify isn’t quite the scale of Amazon, but at $200 billion or so in market value right now with a comfortable operating profit to sustain it, investors who want to bet the field vs. Bezos & Co. could do worse than plug into Shopify stock.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon's stock looks tired. Consider buying shares of these five fast-growing e-commerce plays instead</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\">\nAmazon's stock looks tired. Consider buying shares of these five fast-growing e-commerce plays instead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-25 10:17 GMT+8 <a href=https://www.marketwatch.com/story/amazons-stock-looks-tired-consider-buying-shares-of-these-five-fast-growing-e-commerce-plays-instead-11627049582?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon started the internet-retail revolution. Five other companies, including Sea and Coupang, are taking it further\nSea Ltd.'s Shopee e-commerce platform.\nJeff Bezos has plenty of achievements under...</p>\n\n<a href=\"https://www.marketwatch.com/story/amazons-stock-looks-tired-consider-buying-shares-of-these-five-fast-growing-e-commerce-plays-instead-11627049582?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","SE":"Sea Ltd","MELI":"MercadoLibre","CPNG":"Coupang, Inc.","NEGG":"Newegg Comm Inc.","SHOP":"Shopify Inc"},"source_url":"https://www.marketwatch.com/story/amazons-stock-looks-tired-consider-buying-shares-of-these-five-fast-growing-e-commerce-plays-instead-11627049582?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153878189","content_text":"Amazon started the internet-retail revolution. Five other companies, including Sea and Coupang, are taking it further\nSea Ltd.'s Shopee e-commerce platform.\nJeff Bezos has plenty of achievements under his belt, the most recent being his extraterrestrial excursion.\nBut Amazon.com shareholders may not be so impressed. Bipartisan talk of antitrust actions against the e-commerce giant could mean that Amazon’s dominance could begin to face challenges from Washington. That comes as Bezos handed off the CEO role to Andy Jassy earlier this month.\nShares of Amazon have underperformed the tech-heavy Nasdaq 100 and the S&P 500 in 2021, even as the coronavirus pandemic forced Americans to rely on its service during the darkest days.\nGiven all this, it is worth considering e-commerce alternatives if you’re worried that Amazon’s best days are behind it.\nHere are five smaller high-growth companies you may want to research:\nSea\nShares of Sea Ltd. are up about 45% in 2021, hitting new all-time highs as it continues its aggressive growth across Asia and Latin America.\nThe Singapore-based company has a broad business model capitalizing on e-commerce and digital retail operations around the world. That includes its Garena digital entertainment platform that publishes video games and offers e-sports tie-ins, the Shopee e-commerce platform and SeaMoney digital financial services that include mobile payment services.\nSea was a darling in 2020 as it rode the “stay at home trade” to great success. Revenue doubled year over year in 2020 to $4.4 billion, and the company’s momentum was the envy of Wall Street as Sea stock racked up roughly 640% gains on the calendar year.\nBut the fundamentals shown by Sea in 2021 hint that the surge in share prices were justified. Consider that in its first-quarter report in May, revenue surged by about 150%— while gross profit tripled year over year.\nWith its next earnings report scheduled for mid-August, Sea stock could see another leg up as it continues to prove Amazon isn’t the only e-commerce name worth watching.\nCoupang\nWhile Sea has been a cult stock for a while in some circles, one Asian e-commerce stock that is still flying under the radar for many is Korea-based Coupang Inc.. South Korea’s biggest e-commerce company began trading in March after an IPO that raised $4.6 billion, but since then shares have drifted lower — and other cult-like stocks have won all the attention.\nIf you haven’t yet heard of Coupang, its model should be quite familiar. It sells various products including home goods, apparel, beauty products, sporting goods and electronics. It’s also looking beyond these tried-and-true categories to include a focus on fresh food and groceries, as well as services including travel and restaurant delivery.\nThough the fundamentals are light given its recent debut, the numbers we have do show this regional e-tailer is connecting in a big way in Korea. Namely, it saw net revenue growth of 74% in its first-quarter report in May, and gross profit up 70% year over year. Total customers grew 21%, and revenue per customer surged 44%.\nAdmittedly, the total customer base in that quarter was just 16 million households — hardly Amazon-esque. And so far in 2021, share prices has slumped slightly, even though the S&P 500 has powered higher. But remember, this is a company that just raised $4.6 billion — with a “B” — and is serious about growth. Considering the language and logistical barriers to competition in the markets it serves that clearly have long-term growth potential, investors may want to consider the lull in Coupang shares a buying opportunity.\nMercadoLibre\nTaking a page out of the playbook of Silicon Valley stocks that boast high share prices and a refusal to split, MercadoLibre Inc. is currently trading well above four figures — and based on recent history, seems as if it’s likely to stay there.\nMercadoLibre stock has cooled off in 2021 and is sitting on a slight loss year to date, compared with an uptrend broadly for U.S. stocks. However, that’s after this Latin American stock racked up 200% gains last year. Argentina-based MercadoLibre is hardly slowing down, however, as in the first quarter it reported 70 million active users — an increase of 62% above the just over 43 million users in the prior year. Gross merchandise volume was up even more at a 77% year-over-year growth rate to just over $6 billion, compared with $3.4 billion in the first quarter of 2020.\nWhat’s really exciting for investors, however, is that the gains in core e-commerce transactions is supplemented by continued growth into financial services. MercadoLibre reported an impressive $2.9 billion in payment volume through its mobile wallet platform, and its Mercado Credito lending platform saw its portfolio grow to $576 million — more than doubling over the prior year.\nAmazon has taught e-commerce companies that dominating all aspects of the consumer experience is how to truly build a dominant operation. With MercadoLibre growing sales but also increasingly connecting on the financial side, it is setting up itself to be a force in Latin America — and a real competitor to even entrenched western e-commerce brands.\nNewegg\nNewegg Commerce Inc. is a consumer-electronics e-tailer that has a bit of a following in computer geek circles but largely has gone unnoticed by most consumers and investors. That is, until it spiked from $10 a share to a brief high above $60 a share in July.\nThe inciting incident was news that Newegg would carry hard-to-get Nvidia graphics hardware, and theoretically see a big bump in revenue and profits as a result. However, Newegg may be proving that it is much more than just a tangential play piggybacking off Nvidia as it proves there is real value to specialty retailers that serve a specific audience — and can offer in-demand products instead of knock-offs propped up by fraudulent five-star reviews.\nNewegg went public via a SPAC, so it doesn’t have a lot of history to show investors just yet. But what little we know is proof that Newegg stock has potential. Consider it commands an impressive market share when it comes to core hardware items like PC processors, motherboards and the like. It also ranks as a top-five website worldwide when it comes to computer and electronics retailing sites, and is a go-to site for cryptocurrency miners as well as PC gamers.\nAccording to what we know about the financials, Newegg topped $2.1 billion in sales, thanks to its dominance in this profitable niche of computer components. And as evidenced by its recent Nvidia score, it has deep relationships with consumer electronics suppliers to ensure it is not just another Amazon clone selling cut-rate flat screens.\nShopify\nIf you’re interested in what life looks like for e-commerce beyond Amazon, look no further than Shopify Inc..This Canada-based tech company offers a platform for any company to build out web and mobile storefronts, integrate those operations into physical retail locations and then assist with the nitty gritty of inventory, shipping and payments.\nShopify stock was one of those names that made a lot of headlines in 2020 as part of the pandemic-related surge in service providers made for social distancing. Shares surged from about $400 to $1,100 last year as a result of everyone looking to do business digitally. But in 2021, Shopify stock has tacked on almost 40% more, proving this is not just a COVID trade. After all, the e-commerce potential it helps merchants realize is real and lasting beyond the pandemic.\nCase in point:Fiscal first-quarter revenue growth reported at the end of April was a red hot 110%. But what long-term investors will like even more is that its subscription service metric MRR — that is, monthly recurring revenue — accelerated 62% year-over-year to prove that many of the initial spend on building out these platforms is sticking as clients maintain their Shopify presence.\nShopify isn’t quite the scale of Amazon, but at $200 billion or so in market value right now with a comfortable operating profit to sustain it, investors who want to bet the field vs. Bezos & Co. could do worse than plug into Shopify stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174862015,"gmtCreate":1627091164537,"gmtModify":1703484045948,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/174862015","repostId":"2153938547","repostType":2,"repost":{"id":"2153938547","pubTimestamp":1627085070,"share":"https://ttm.financial/m/news/2153938547?lang=&edition=fundamental","pubTime":"2021-07-24 08:04","market":"us","language":"en","title":"What will Apple say about the next iPhone at earnings time? Maybe more than usual","url":"https://stock-news.laohu8.com/highlight/detail?id=2153938547","media":"MarketWatch","summary":"Apple earnings preview: Recent lack of quarterly forecasts could lead executives to divulge a few mo","content":"<p>Apple earnings preview: Recent lack of quarterly forecasts could lead executives to divulge a few more hints about the next iPhone release when discussing results Tuesday afternoon</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1694f71fa4dec194ef63e28ffc75776f\" tg-width=\"700\" tg-height=\"495\" width=\"100%\" height=\"auto\"><span>Heavy promotions in the wireless industry likely benefited Apple's business during the June quarter.</span></p>\n<p>The pandemic may add a wrinkle to the guessing game that normally accompanies Apple Inc.'s June-quarter conference call.</p>\n<p>Typically the most important tidbit coming out of fiscal third-quarter earnings, which Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> is scheduled to report Tuesday afternoon, is the company's outlook and commentary around its September-quarter revenue, which can hold clues as to what the company expects in the early days of its next smartphone launch. A strong forecast may imply that the company intends to make its new lineup available during the waning days of its fiscal year, while weaker guidance could suggest the launch will be pushed in to the calendar fourth quarter.</p>\n<p>The problem this time around is that Apple has held off on issuing a formal outlook for more than a year amid the pandemic, and it remains unclear when or if the company will resume the practice. Apple has instead been offering \"directional insights\" to offer some indication of how its results could stack up to those of prior quarters, but it has been notoriously tight-lipped about plans for iPhone launches.</p>\n<p>\"We expect the timing of iPhone 13 availability will ultimately prove to be the swing factor in [the fiscal fourth quarter], thus we anticipate the company will provide more granular directional commentary,\" wrote Monness, Crespi, Hardt & Co. analyst Brian White.</p>\n<p>The coming launch is of keen interest given that the current lineup has performed well. \"The iPhone 12 cycle has been strong but we believe the next two cycles may prove challenging with units potentially down [year over year] in FY22 and FY23,\" wrote Barclays analyst Tim Long.</p>\n<p>The June quarter that Apple will report Tuesday is traditionally a slower <a href=\"https://laohu8.com/S/AONE.U\">one</a>, as consumers wait for the next iPhone launch, but the company is still expected to deliver big growth in its smartphone business. Not only does the company have the benefit of easy comparisons to the early days of the pandemic, but it should also be reaping the rewards of an unusually promotional wireless industry.</p>\n<p><b>What to watch for</b></p>\n<p><b>Earnings:</b> Analysts tracked by FactSet expect Apple to post $1.01 in earnings per share, up from 65 cents a year earlier. According to Estimize, which crowdsources projections from hedge funds, academics, and others, the average expectation is for $1.16 a share in EPS.</p>\n<p><b>Revenue: </b>The FactSet consensus calls for $73.26 billion in overall revenue, up from $59.69 billion a year prior. On Estimize, the average estimate is for $77.38 billion.</p>\n<p>On a segment level, analysts surveyed by FactSet project $34.19 billion in iPhone revenue, $7.17 billion in iPad revenue, $7.86 billion in Mac revenue, $16.26 billion in services revenue, and $7.83 billion in revenue for the wearables, home, and accessories category.</p>\n<p><b>Stock movement: </b>Apple shares have fallen after four of the past five earnings reports, though the stock is up 60% over the past 12 months as the Dow Jones Industrial Average has increased 32%.</p>\n<p>Of the 44 analysts tracked by FactSet who cover Apple's stock, 33 have buy ratings, nine have hold ratings and two have sell ratings, with an average price target of $157.88.</p>\n<p><b>What else to watch for</b></p>\n<p>Apple's iPhone business is set up for its second-largest rate of growth in at least three years, behind only what was seen in the previous quarter. Analysts tracked by FactSet are calling for $34.2 billion in iPhone revenue, up 29.4% from a year earlier.</p>\n<p>Some encouraging signals came from Verizon Communications Inc. <a href=\"https://laohu8.com/S/VZ\">$(VZ)$</a>, which recently ran a big iPhone promotion as it sought to match discounts at rival AT&T Inc. <a href=\"https://laohu8.com/S/T\">$(T)$</a></p>\n<p>\"Momentum built throughout the quarter, and we timed our promotions to take full advantage of the economic recovery and increased customer activity,\" Verizon Chief Financial Officer Matthew Ellis said on his company's earnings call. About 20% of Verizon's consumer base is now using 5G-enabled phones .</p>\n<p>Raymond James analyst Chris Caso noted that the quantity of upgrades might not even be the most important factor, as his analysis of iPhone carrier deals from last year found that they can be helpful in driving a greater \"mix\" of more expensive devices.</p>\n<p>\"Consumers appear to have been willing to pay the few dollars per month to upgrade to higher-end models, if the base model was offered for free,\" he wrote, based on analyzing last year's subsidies.</p>\n<p>UBS analyst David Vogt is also feeling upbeat about the business heading into the fiscal third-quarter report, pointing to positive signs in the telecommunications industry like the \"aggressive promotions\" and improving retail traffic at wireless stores.</p>\n<p>But he notes that demand may not be the big issue for Apple, as the company's overall upside is \"gated\" due to supply constraints plaguing the broader electronics industry and beyond. Apple addressed these issues on its earnings call, projecting a $3 billion to $4 billion negative revenue impact in the June quarter that was mainly expected to affect the Mac and iPad businesses.</p>\n<p>Another key narrative is how those two segments held up more generally given a return to more normalized activities outside the home. Apple's Macs and iPads were popular purchases among those needing new hardware to power remote working and schooling, but analysts will be looking to see whether the personal-computer boom is sustainable.</p>\n<p>\"While Apple will have to contend with lapping very difficult pandemic comparisons in the [June quarter] and for several quarters thereafter, we see several near-term tailwinds from both categories,\" wrote CFRA analyst Angelo Zino. \"We see corporate upgrades on the enterprise level becoming a bigger contributor to demand as the economy fully reopens across the globe.\"</p>\n<p>The coming results will also be the first gauge on demand for Apple's new colorful iMac lineup and powerful iPad Pro , both of which rolled out in the spring and feature the company's custom M1 chip.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What will Apple say about the next iPhone at earnings time? Maybe more than usual</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat will Apple say about the next iPhone at earnings time? Maybe more than usual\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 08:04 GMT+8 <a href=https://www.marketwatch.com/story/what-will-apple-say-about-the-next-iphone-at-earnings-time-maybe-more-than-usual-11627077819?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple earnings preview: Recent lack of quarterly forecasts could lead executives to divulge a few more hints about the next iPhone release when discussing results Tuesday afternoon\nHeavy promotions in...</p>\n\n<a href=\"https://www.marketwatch.com/story/what-will-apple-say-about-the-next-iphone-at-earnings-time-maybe-more-than-usual-11627077819?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.marketwatch.com/story/what-will-apple-say-about-the-next-iphone-at-earnings-time-maybe-more-than-usual-11627077819?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153938547","content_text":"Apple earnings preview: Recent lack of quarterly forecasts could lead executives to divulge a few more hints about the next iPhone release when discussing results Tuesday afternoon\nHeavy promotions in the wireless industry likely benefited Apple's business during the June quarter.\nThe pandemic may add a wrinkle to the guessing game that normally accompanies Apple Inc.'s June-quarter conference call.\nTypically the most important tidbit coming out of fiscal third-quarter earnings, which Apple $(AAPL)$ is scheduled to report Tuesday afternoon, is the company's outlook and commentary around its September-quarter revenue, which can hold clues as to what the company expects in the early days of its next smartphone launch. A strong forecast may imply that the company intends to make its new lineup available during the waning days of its fiscal year, while weaker guidance could suggest the launch will be pushed in to the calendar fourth quarter.\nThe problem this time around is that Apple has held off on issuing a formal outlook for more than a year amid the pandemic, and it remains unclear when or if the company will resume the practice. Apple has instead been offering \"directional insights\" to offer some indication of how its results could stack up to those of prior quarters, but it has been notoriously tight-lipped about plans for iPhone launches.\n\"We expect the timing of iPhone 13 availability will ultimately prove to be the swing factor in [the fiscal fourth quarter], thus we anticipate the company will provide more granular directional commentary,\" wrote Monness, Crespi, Hardt & Co. analyst Brian White.\nThe coming launch is of keen interest given that the current lineup has performed well. \"The iPhone 12 cycle has been strong but we believe the next two cycles may prove challenging with units potentially down [year over year] in FY22 and FY23,\" wrote Barclays analyst Tim Long.\nThe June quarter that Apple will report Tuesday is traditionally a slower one, as consumers wait for the next iPhone launch, but the company is still expected to deliver big growth in its smartphone business. Not only does the company have the benefit of easy comparisons to the early days of the pandemic, but it should also be reaping the rewards of an unusually promotional wireless industry.\nWhat to watch for\nEarnings: Analysts tracked by FactSet expect Apple to post $1.01 in earnings per share, up from 65 cents a year earlier. According to Estimize, which crowdsources projections from hedge funds, academics, and others, the average expectation is for $1.16 a share in EPS.\nRevenue: The FactSet consensus calls for $73.26 billion in overall revenue, up from $59.69 billion a year prior. On Estimize, the average estimate is for $77.38 billion.\nOn a segment level, analysts surveyed by FactSet project $34.19 billion in iPhone revenue, $7.17 billion in iPad revenue, $7.86 billion in Mac revenue, $16.26 billion in services revenue, and $7.83 billion in revenue for the wearables, home, and accessories category.\nStock movement: Apple shares have fallen after four of the past five earnings reports, though the stock is up 60% over the past 12 months as the Dow Jones Industrial Average has increased 32%.\nOf the 44 analysts tracked by FactSet who cover Apple's stock, 33 have buy ratings, nine have hold ratings and two have sell ratings, with an average price target of $157.88.\nWhat else to watch for\nApple's iPhone business is set up for its second-largest rate of growth in at least three years, behind only what was seen in the previous quarter. Analysts tracked by FactSet are calling for $34.2 billion in iPhone revenue, up 29.4% from a year earlier.\nSome encouraging signals came from Verizon Communications Inc. $(VZ)$, which recently ran a big iPhone promotion as it sought to match discounts at rival AT&T Inc. $(T)$\n\"Momentum built throughout the quarter, and we timed our promotions to take full advantage of the economic recovery and increased customer activity,\" Verizon Chief Financial Officer Matthew Ellis said on his company's earnings call. About 20% of Verizon's consumer base is now using 5G-enabled phones .\nRaymond James analyst Chris Caso noted that the quantity of upgrades might not even be the most important factor, as his analysis of iPhone carrier deals from last year found that they can be helpful in driving a greater \"mix\" of more expensive devices.\n\"Consumers appear to have been willing to pay the few dollars per month to upgrade to higher-end models, if the base model was offered for free,\" he wrote, based on analyzing last year's subsidies.\nUBS analyst David Vogt is also feeling upbeat about the business heading into the fiscal third-quarter report, pointing to positive signs in the telecommunications industry like the \"aggressive promotions\" and improving retail traffic at wireless stores.\nBut he notes that demand may not be the big issue for Apple, as the company's overall upside is \"gated\" due to supply constraints plaguing the broader electronics industry and beyond. Apple addressed these issues on its earnings call, projecting a $3 billion to $4 billion negative revenue impact in the June quarter that was mainly expected to affect the Mac and iPad businesses.\nAnother key narrative is how those two segments held up more generally given a return to more normalized activities outside the home. Apple's Macs and iPads were popular purchases among those needing new hardware to power remote working and schooling, but analysts will be looking to see whether the personal-computer boom is sustainable.\n\"While Apple will have to contend with lapping very difficult pandemic comparisons in the [June quarter] and for several quarters thereafter, we see several near-term tailwinds from both categories,\" wrote CFRA analyst Angelo Zino. \"We see corporate upgrades on the enterprise level becoming a bigger contributor to demand as the economy fully reopens across the globe.\"\nThe coming results will also be the first gauge on demand for Apple's new colorful iMac lineup and powerful iPad Pro , both of which rolled out in the spring and feature the company's custom M1 chip.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171914872,"gmtCreate":1626702294196,"gmtModify":1703763622448,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Looking forward to the day when travel is ppossible again.","listText":"Looking forward to the day when travel is ppossible again.","text":"Looking forward to the day when travel is ppossible again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171914872","repostId":"2152655423","repostType":2,"repost":{"id":"2152655423","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626701040,"share":"https://ttm.financial/m/news/2152655423?lang=&edition=fundamental","pubTime":"2021-07-19 21:24","market":"us","language":"en","title":"Airline stocks suffer broad selloff as surge in delta variant stokes fears of potential travel restrictions","url":"https://stock-news.laohu8.com/highlight/detail?id=2152655423","media":"Dow Jones","summary":"MW Airline stocks suffer broad selloff as surge in delta variant stokes fears of potential travel re","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Airline stocks suffer broad selloff as surge in delta variant stokes fears of potential travel restrictions\n</p>\n<p>\n Airline stocks were suffering a broad selloff ahead of Monday's open, amid a big drop in the broader stock market fell 5.3%. The selloff in air carrier stocks comes as futures for the S&P 500 dropped 1.3%. \n</p>\n<p>\n -Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 19, 2021 09:24 ET (13:24 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Airline stocks suffer broad selloff as surge in delta variant stokes fears of potential travel restrictions</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\">\nAirline stocks suffer broad selloff as surge in delta variant stokes fears of potential travel restrictions\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-19 21:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Airline stocks suffer broad selloff as surge in delta variant stokes fears of potential travel restrictions\n</p>\n<p>\n Airline stocks were suffering a broad selloff ahead of Monday's open, amid a big drop in the broader stock market fell 5.3%. The selloff in air carrier stocks comes as futures for the S&P 500 dropped 1.3%. \n</p>\n<p>\n -Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 19, 2021 09:24 ET (13:24 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","JETS":"U.S. Global Jets ETF","OEX":"标普100","AAL":"美国航空",".SPX":"S&P 500 Index","JBLU":"捷蓝航空","UPRO":"三倍做多标普500ETF","SAVE":"Spirit Airlines","SH":"标普500反向ETF","LUV":"西南航空","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","SDS":"两倍做空标普500ETF","DAL":"达美航空","UAL":"联合大陆航空"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152655423","content_text":"MW Airline stocks suffer broad selloff as surge in delta variant stokes fears of potential travel restrictions\n\n\n Airline stocks were suffering a broad selloff ahead of Monday's open, amid a big drop in the broader stock market fell 5.3%. The selloff in air carrier stocks comes as futures for the S&P 500 dropped 1.3%. \n\n\n -Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n July 19, 2021 09:24 ET (13:24 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147719293,"gmtCreate":1626391121212,"gmtModify":1703759084068,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"And the race continues with the EVs…","listText":"And the race continues with the EVs…","text":"And the race continues with the EVs…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147719293","repostId":"2151785415","repostType":2,"repost":{"id":"2151785415","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626369180,"share":"https://ttm.financial/m/news/2151785415?lang=&edition=fundamental","pubTime":"2021-07-16 01:13","market":"us","language":"en","title":"GM unveils charging service for fleet EVs","url":"https://stock-news.laohu8.com/highlight/detail?id=2151785415","media":"Dow Jones","summary":"MW GM unveils charging service for fleet EVs\n\n\n General Motors Co. $(GM)$ on Thursday unveiled a ch","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW GM unveils charging service for fleet EVs\n</p>\n<p>\n General Motors Co. <a href=\"https://laohu8.com/S/GM\">$(GM)$</a> on Thursday unveiled a charging service for fleet electric vehicles, or those owned by businesses and organizations. The service, called Ultium Charge 360, aims to make the switch to a fleet of electric cars \"seamless,\" GM said. Part of its focus is on charging, offering support for home charging and access to public charging places to charge while on the road, the auto maker said. Partners in the endeavor include eTransEnergy, a <a href=\"https://laohu8.com/S/DEX.AU\">Duke</a> Energy Corp. <a href=\"https://laohu8.com/S/DUK\">$(DUK)$</a> company, EVgo Inc. <a href=\"https://laohu8.com/S/EVGO\">$(EVGO)$</a>, and Schneider Electric SE , GM said. \n</p>\n<p>\n -Claudia Assis; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 15, 2021 13:13 ET (17:13 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM unveils charging service for fleet EVs</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\">\nGM unveils charging service for fleet EVs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-16 01:13</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW GM unveils charging service for fleet EVs\n</p>\n<p>\n General Motors Co. <a href=\"https://laohu8.com/S/GM\">$(GM)$</a> on Thursday unveiled a charging service for fleet electric vehicles, or those owned by businesses and organizations. The service, called Ultium Charge 360, aims to make the switch to a fleet of electric cars \"seamless,\" GM said. Part of its focus is on charging, offering support for home charging and access to public charging places to charge while on the road, the auto maker said. Partners in the endeavor include eTransEnergy, a <a href=\"https://laohu8.com/S/DEX.AU\">Duke</a> Energy Corp. <a href=\"https://laohu8.com/S/DUK\">$(DUK)$</a> company, EVgo Inc. <a href=\"https://laohu8.com/S/EVGO\">$(EVGO)$</a>, and Schneider Electric SE , GM said. \n</p>\n<p>\n -Claudia Assis; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 15, 2021 13:13 ET (17:13 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EVGO":"EVgo Inc.","DUK":"杜克能源","GM":"通用汽车"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151785415","content_text":"MW GM unveils charging service for fleet EVs\n\n\n General Motors Co. $(GM)$ on Thursday unveiled a charging service for fleet electric vehicles, or those owned by businesses and organizations. The service, called Ultium Charge 360, aims to make the switch to a fleet of electric cars \"seamless,\" GM said. Part of its focus is on charging, offering support for home charging and access to public charging places to charge while on the road, the auto maker said. Partners in the endeavor include eTransEnergy, a Duke Energy Corp. $(DUK)$ company, EVgo Inc. $(EVGO)$, and Schneider Electric SE , GM said. \n\n\n -Claudia Assis; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n July 15, 2021 13:13 ET (17:13 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147738180,"gmtCreate":1626390826740,"gmtModify":1703759072978,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Oh dear","listText":"Oh dear","text":"Oh dear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147738180","repostId":"2151416573","repostType":2,"repost":{"id":"2151416573","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626380188,"share":"https://ttm.financial/m/news/2151416573?lang=&edition=fundamental","pubTime":"2021-07-16 04:16","market":"fut","language":"en","title":"LIVE MARKETS-Wall Street loses steam, burdened by tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2151416573","media":"Reuters","summary":"* S&P, Nasdaq close lower; Dow posts nominal advance * Energy weakest major S&P sector; utilities ","content":"<html><body><p>* S&P, Nasdaq close lower; Dow posts nominal advance</p><p> * Energy weakest major S&P sector; utilities lead gainers</p><p> * Dollar, gold up; crude, bitcoin slip</p><p> * U.S. 10-Year Treasury yield ~1.30%</p><p> July 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p> WALL STREET LOSES STEAM, BURDENED BY TECH (1615 EDT/2015 GMT)</p><p> Wall Street lost altitude on Wednesday as investors digested a mixed bag of data and Fed Chairman Jerome Powell sang another verse of his \"inflation is transitory\" song in his second straight day of congressional testimony.</p><p> The S&P and the Nasdaq ended the session in negative territory, weighed down by market-leading tech- and tech-adjacent stocks such as Nvidia Corp , Amazon.com</p><p> , Microsoft Corp , Apple Inc , <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc and Alphabet Inc . </p><p> The Dow squeaked by, closing barely green.</p><p> Utilities advanced 1.2%, leading the gainers by a substantial margin, benefiting from falling Treasury yields and the prospect of another brutal heatwave striking the western United States.</p><p> A spate of data showed jobless claims hitting a 16-month low amid an ongoing worker shortage and factory output hamstrung by the continuing demand/supply imbalance. </p><p> Powell faced the Senate Banking Committee, where he reiterated the central bank's vows to support the economic revival and repeated his assurances that the current inflation wave is temporary. </p><p> The Fed Chair's dovish refrain helped push Treasury yields to <a href=\"https://laohu8.com/S/AONE.U\">one</a>-week lows. </p><p> Second-quarter earnings season approaches the end of its first week, with <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and UnitedHealth Group</p><p> among companies having their turn at bat on Thursday.</p><p> Morgan Stanley surprised profit expectations to the upside, but a slowdown in trading left investors unimpressed. The stock eked out a 0.2% gain on the day. </p><p> UnitedHealth advanced 1.3%, providing the biggest boost to the Dow in the wake of its beat-and-raise report in which it noted a post-pandemic upswing in non-urgent care. </p><p> Here's your closing snapshot:</p><p> (Stephen Culp)</p><p> *****</p><p> BITCOIN AT $30,000 IS SOLID SUPPORT, BUT $25,000 BET IN OPTIONS EMERGE (1427 EDT/1627 GMT)</p><p> Pankaj Balani, chief executive officer at derivatives trading platform Delta Exchange said $30,000 remains a strong support for bitcoin in the options market, given that it's the most sold strike for July and August on the downside.</p><p> That said, Balani pointed out that below $30,000, strikes at $25,000 have emerged though with lower open interest.</p><p> \"Bitcoin has been in a consolidation phase and is trying to settle in the $30,000-$40,000 range,\" Balani said. \"Overall, the risk of downside below $30,000 on bitcoin is much higher now than what it was in the month of May and June.\" </p><p> Implied volatility, meanwhile, is being crushed as the market continues to trade in a tight range. Balani said if the market continues to languish, option sellers will become aggressive and continue selling the upside much more than the downside. That has been happening already, he added. He noted that implied vols are down for both the July and August expiries.</p><p> Bitcoin was last down around 4.4% at $31,396 .</p><p> (Gertrude Chavez-Dreyfuss)</p><p> *****</p><p> \"NEGLECTED\" LATAM EQUITIES' TIME TO SHINE? (1415 EDT/1815 GMT)</p><p> It has been a rough decade for Latin American equity markets, as economic woes and political unrest have unsettled investors in the region. However, the Developing Markets team at Invesco thinks it may be time for a rebound. </p><p> Indeed, MSCI's Latin America stocks index has declined nearly 40% in the last 10 years, compared with a 18% rise in the emerging market benchmark . </p><p> Invesco notes LatAm stocks now make up less than 8% of the weight of the MSCI Emerging Markets Index - less than the combined weightage of Tencent and Alibaba. </p><p> \"In our view, this neglect creates conditions — though not certainties — for opportunity,\" Invesco's Justin Leverenz wrote in a July 14 note. </p><p> Rising commodity prices and a strong outlook for the mining sector, especially given rising demand for \"green metals\" like copper and cobalt, should boost Latin American stocks and currencies, potentially aided by a weaker dollar. </p><p> With this in mind, Invesco has exposure to Brazilian miner Vale and Mexico's largest copper producer Grupo Mexico < GMEXICOB.MX.> </p><p> Technology is another driver of Invesco's thesis, based on the rise of fintech, e-commerce and other tech services in countries like Brazil. The tech industry will provide job growth and investment opportunity in the region, according to Leverenz.</p><p> \"Five of the new entrants in Latin America’s top market capitalization giants in the past decade have come from e-commerce and fintech, there are likely more to come as cozy oligopolies in banking and retail get shaken up around the region,\" he writes. </p><p> Finally, when assessing the political landscape, Invesco thinks reasonably stable central banks and political divisions should prevent a drift into \"no-go zones of macroeconomic stability,\" while voters are unlikely to completely reject capitalism-friendly policies. </p><p> So far in 2021, MSCI's Latin America index is up 6%. </p><p> (Lisa Mattackal)</p><p> *****</p><p> MEANWHILE, IN WASHINGTON... (1255 EDT/1655 GMT) </p><p> Earnings season is well afoot, economic data is providing a flood of information regarding the state of the U.S. economic recovery, and investors are keeping a wary eye on the growing threat of the Delta COVID-19 variant.</p><p> But goings-on in the U.S. Capitol building remain on market participants' radar.</p><p> U.S. Federal Reserve Chairman Jerome Powell is spending his second day testifying before Congress, and the Senate Banking Committee has the latest honor. </p><p> While Powell largely stuck to his \"inflation is transitory\" script, he faced grilling from both sides of the aisle. </p><p> Pennsylvania Republican Pat Toomey called the central bank's ongoing purchases of mortgage-backed securities \"puzzling\" in view of skyrocketing home prices, while committee chair Sherrod Brown, Democrat from Ohio, challenged Powell over weakening bank regulations, saying \"the Fed has rolled back important safeguards making it easier for the banks to pump up the price of their stock.\"</p><p> U.S. Treasury yields fell as Powell held his dovish ground.</p><p> Partisan wrangling over an infrastructure bill rolled on, with U.S. Senate Majority leader Chuck Schumer setting up the first floor debate on a $1.2 trillion package, while also urging fellow Democrats to move on a larger $3.5 trillion budget package, which includes spending on climate measures and beefs up social spending. </p><p> For his part, Senate Minority leader Mitch McConnell said in a Fox News interview on Thursday that every Republican senator would vote against the larger measure. </p><p> Industrials and materials , which stand to gain from increased infrastructure expenditures, were both green at last glance.</p><p> (Stephen Culp)</p><p> *****</p><p> EUROPE CLOSES IN FAMILIAR TERRITORY (1145 EDT/1545 GMT) </p><p> There are quite a lot of factors which can help explain today's 1% retreat for European stocks and the spread of the Delta variant is a big one, coupled with the ongoing bond rally and 'peak growth' fears. </p><p> The big bulk of the market price action took place within the energy sector with the index losing close to 3% and briefly hitting lows not seen since February. </p><p> Rising U.S. fuel stocks are raising concerns over the demand in the world's largest economy as you can read here:</p><p> Then again, at about 455 points, the pan-European STOXX 600 is in very familiar territory. </p><p> \"It's been another negative day for European markets, as they continue to trade in the range they’ve broadly been in for the past few months\", commented Michael Hewson at CMC Markets UK. </p><p> As you can see below, the STOXX 600 has spent most of the last 30 sessions hovering between 450 and 461 points.</p><p> (Julien Ponthus) </p><p> *****</p><p> 'FIT FOR 55' PACKAGE: UNFIT FOR AIRLINES, BOOST FOR GREEN ENERGY MAJORS (1118 EDT/1518 GMT)</p><p> Just when you thought airlines stocks were recovering from the massive declines last year, the spread of the Delta variant across Europe is threatening to stall the recovery. It doesn't stop there. European Union's mega climate plan unveiled on Wednesday ain't going to sit well with investors either. </p><p> The EU Commission, in what it called the 'Fit for 55' package, said aviation must do more to contribute to its goal to cut economy-wide net emissions by 55% by 2030, from 1990 levels.</p><p> Fuel costs are the biggest headache. Bernstein analysts say easyJet faces the biggest threat due to its higher level of free allowances on jet fuel and slower fleet transition. With lower margins, Air France KLM is also badly hit. New fleet and lower allowance, on the other hand, sets up Wizz Air</p><p> favorably. But overall, they are not confident airlines can pass on higher costs to consumers.</p><p> Meanwhile, a call to stop diesel and petrol cars will have a mixed impact on auto stocks. Equita analysts point out a few names. Faurecia's clean mobility division has no products for electric cars, Sogefi's filter division is likely to see OE business fade for ICE cars. Stocks exposed to car electrification like STMicroelectronics and Umicore will benefit. </p><p> Indeed, the companies most favored by the package will be Green Energy majors including EDP Renovaveis , RWE</p><p> , EDP , Enel . </p><p> On July 14, Goldman Sachs said in a research note that it expects a fourfold growth in annual RES (Renewable Energy Sources) and a surge in power grid investments.</p><p> (Sruthi Shankar)</p><p> *****</p><p> THE ECONOMY CHUGS ALONG, BUT IT'S TAKING THE LOCAL, NOT THE EXPRESS (1100 EDT/1500 GMT)</p><p> A maelstrom of data unleashed on Thursday appeared to back up Federal Reserve Chairman Jerome Powell's assertion that while the economy is on a track to recovery, it's nowhere arriving at \"back to normal.\" </p><p> A worker shortage and a steep demand/supply imbalance continue to leave their paw prints on the indicators.</p><p> The number of U.S. workers filing first-time applications for unemployment benefits last week fell by 26,000 to 360,000, hitting a 16-month low and the consensus bull's eye.</p><p> While claims have stayed below the 400,000 mark in recent weeks, they still hover above the 200,000 to 250,000 range associated with healthy labor market churn, suggesting that yanking the federal emergency unemployment supplements early (as at least 20 states led by Republican governors have done) hasn't yet prodded workers back to the labor force en masse. </p><p> About 9.5 million Americans remain unemployed, but there are also nearly that many job openings.</p><p> Still, early cancellation of federal benefits is having some effect on claims.</p><p> \"The early end to emergency benefits by some states is starting to become apparent in the data,\" writes Nancy Vanden Houten, lead U.S. economist at Oxford Economics (OE).</p><p> Ongoing claims, reported on a one-week delay, dipped more than expected, falling to 3.241 million.</p><p> Output by U.S. factories unexpectedly decreased by 0.1% in June, according to the Federal Reserve, marking a reversal from May's 0.9% growth, as tight chip supply weighed on automobile production. </p><p> The data reflects \"a 6.6% plunge in production of autos and parts, which has bounced around wildly in recent months, presumably in response to shortages of semiconductors,\" notes Ian Shepherdson, chief economist at Pantheon Macroeconomics. \"Growth clearly has moderated from (an) initial surge last spring, but autos aren’t the only sector struggling with tight supplies of key inputs.\"</p><p> In total, industrial production increased by 0.4% in June, slower than the 0.6% expected, and weaker than the 0.7% growth in May.</p><p> On the bright side, capacity utilization , a measure of economic slack, edged up 0.2 percentage points to 75.4, a hair below expectations.</p><p> This tension between strong demand and supply bottlenecks also contributed to a mixed picture Atlantic factory activity.</p><p> On the upside, manufacturing activity in New York State went to the races. The New York Fed's Empire State index zooming to a reading of 43, blowing past the 18 analysts expected.</p><p> On the other hand, the Philadelphia Federal Reserve's business index (aka Philly Fed) decelerated, dipping to 21.9, well below the level of 28 projected by economists.</p><p> \"Both the Empire State and Philly Fed surveys suggest that price pressures are peaking,\" adds Shepherdson, \"with delivery times, unfilled orders and the price indexes all slipping a bit in recent months.\"</p><p> An Empire State/Philly Fed reading above zero signifies expansion from the previous month.</p><p> The Labor Department also reported that the cost of imported goods rose by 1% in June, cooling down from May's 1.4% pace, but still facing upward pressure from supply bottlenecks. </p><p> Gasoline, industrial supplies and food prices drove the increase. </p><p> \"While the surge in some commodity prices may be leveling off, the still-strong readings suggest elevated import price inflation will persist through 2021,\" says Mahir Rasheed, U.S. economist at OE. \"Strong domestic demand will keep a tight pull on imports, while stubborn supply disruptions will take time to fully resolve as virus constraints linger.\" </p><p> Year-over-year, while import prices are up a red-hot 11.2%, the latest data marks a slight deceleration from the previous month.</p><p> The graphic below shows how import prices stack up against other major indicators relative to the Federal Reserve's average annual 2% inflation target:</p><p> Chips were not only the ghost in the U.S. factory machine, but they are also haunting Wall Street on Thursday.</p><p> While the three major U.S. stock indexes are mixed in morning-trade, the Philadelphia SE Semiconductor index is sharply underperforming.</p><p> (Stephen Culp)</p><p> *****</p><p> S&P 500 CAUGHT IN A TRAP? (1001 EDT/1401 GMT)</p><p> Major U.S. indexes are modestly red in early trade. That said, FANG stocks are gaining. The NYSE FANG+TM index is up, and once again flirting with its 7,329.08 February record-high close. </p><p> This follows the latest batch of quarterly corporate earnings reports, and data showing the number of Americans filing new claims for unemployment benefits fell last week as expected. </p><p> Although the S&P 500 is now on pace to end a 3-week winning streak, it is also trapped in an especially narrow range this week. In fact, the benchmark index is on track for its tightest weekly range as a percentage of the prior week's close since late December 2019. Thus, traders are on guard for a pick-up in volatility, and a breakout one way or the other. Of note, the VIX is attempting to rise for a second-straight week.</p><p> Meanwhile, Fed Chair Powell will be concluding his testimony in front of Congress today. On Wednesday, he said he was confident recent price hikes were associated with the country's post-pandemic reopening and would fade. </p><p> Here is an early-trade snapshot:</p><p> (Terence Gabriel)</p><p> *****</p><p> RECENT CHIP STOCK LAG MAY SOON SPLINTER NASDAQ (0910 EDT/1310 GMT)</p><p> The Philadelphia SE Semiconductor index has been a 2021 leader. In fact, this index is up nearly 18% year-to-date vs a rise of about 14% for the Nasdaq Composite .</p><p> However, after hitting its highest level in more than 15 years in early April , the SOX/IXIC ratio has struggled:</p><p> Generally, traders want to see this key sub-sector within tech outperforming to add confidence in the sustainability of the Nasdaq's rise. However, with chips now lagging, it may be a warning sign that the Composite's recent relatively smooth advance to fresh record highs, may soon splinter. </p><p> Just looking back to early 2018, multi-week/multi-month periods of SOX/IXIC ratio divergence preceded a number of significant periods of instability in the Composite.</p><p> Most recently, as the IXIC was making new highs in late April, the SOX/IXIC ratio failed to confirm the move. The Composite then declined more than 8% into its mid-May trough.</p><p> Since bottoming in mid-May, the Nasdaq has enjoyed a near-14% advance to new highs. However, the SOX is once again underperforming. In fact, the index is down in July, and on track for its biggest monthly percentage fall since March 2020.</p><p> (Terence Gabriel)</p><p> *****</p><p> FOR THURSDAY'S LIVE MARKETS' POSTS PRIOR TO 0905 EDT/1305 GMT - CLICK HERE: </p><p> <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SOX07152021 earlytrade07152021 Jobless claims Industrial output Empire State and Philly Fed Inflation STOXX Closing snapshot </p><p> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^></p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LIVE MARKETS-Wall Street loses steam, burdened by tech</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLIVE MARKETS-Wall Street loses steam, burdened by tech\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-16 04:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* S&P, Nasdaq close lower; Dow posts nominal advance</p><p> * Energy weakest major S&P sector; utilities lead gainers</p><p> * Dollar, gold up; crude, bitcoin slip</p><p> * U.S. 10-Year Treasury yield ~1.30%</p><p> July 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p> WALL STREET LOSES STEAM, BURDENED BY TECH (1615 EDT/2015 GMT)</p><p> Wall Street lost altitude on Wednesday as investors digested a mixed bag of data and Fed Chairman Jerome Powell sang another verse of his \"inflation is transitory\" song in his second straight day of congressional testimony.</p><p> The S&P and the Nasdaq ended the session in negative territory, weighed down by market-leading tech- and tech-adjacent stocks such as Nvidia Corp , Amazon.com</p><p> , Microsoft Corp , Apple Inc , <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc and Alphabet Inc . </p><p> The Dow squeaked by, closing barely green.</p><p> Utilities advanced 1.2%, leading the gainers by a substantial margin, benefiting from falling Treasury yields and the prospect of another brutal heatwave striking the western United States.</p><p> A spate of data showed jobless claims hitting a 16-month low amid an ongoing worker shortage and factory output hamstrung by the continuing demand/supply imbalance. </p><p> Powell faced the Senate Banking Committee, where he reiterated the central bank's vows to support the economic revival and repeated his assurances that the current inflation wave is temporary. </p><p> The Fed Chair's dovish refrain helped push Treasury yields to <a href=\"https://laohu8.com/S/AONE.U\">one</a>-week lows. </p><p> Second-quarter earnings season approaches the end of its first week, with <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and UnitedHealth Group</p><p> among companies having their turn at bat on Thursday.</p><p> Morgan Stanley surprised profit expectations to the upside, but a slowdown in trading left investors unimpressed. The stock eked out a 0.2% gain on the day. </p><p> UnitedHealth advanced 1.3%, providing the biggest boost to the Dow in the wake of its beat-and-raise report in which it noted a post-pandemic upswing in non-urgent care. </p><p> Here's your closing snapshot:</p><p> (Stephen Culp)</p><p> *****</p><p> BITCOIN AT $30,000 IS SOLID SUPPORT, BUT $25,000 BET IN OPTIONS EMERGE (1427 EDT/1627 GMT)</p><p> Pankaj Balani, chief executive officer at derivatives trading platform Delta Exchange said $30,000 remains a strong support for bitcoin in the options market, given that it's the most sold strike for July and August on the downside.</p><p> That said, Balani pointed out that below $30,000, strikes at $25,000 have emerged though with lower open interest.</p><p> \"Bitcoin has been in a consolidation phase and is trying to settle in the $30,000-$40,000 range,\" Balani said. \"Overall, the risk of downside below $30,000 on bitcoin is much higher now than what it was in the month of May and June.\" </p><p> Implied volatility, meanwhile, is being crushed as the market continues to trade in a tight range. Balani said if the market continues to languish, option sellers will become aggressive and continue selling the upside much more than the downside. That has been happening already, he added. He noted that implied vols are down for both the July and August expiries.</p><p> Bitcoin was last down around 4.4% at $31,396 .</p><p> (Gertrude Chavez-Dreyfuss)</p><p> *****</p><p> \"NEGLECTED\" LATAM EQUITIES' TIME TO SHINE? (1415 EDT/1815 GMT)</p><p> It has been a rough decade for Latin American equity markets, as economic woes and political unrest have unsettled investors in the region. However, the Developing Markets team at Invesco thinks it may be time for a rebound. </p><p> Indeed, MSCI's Latin America stocks index has declined nearly 40% in the last 10 years, compared with a 18% rise in the emerging market benchmark . </p><p> Invesco notes LatAm stocks now make up less than 8% of the weight of the MSCI Emerging Markets Index - less than the combined weightage of Tencent and Alibaba. </p><p> \"In our view, this neglect creates conditions — though not certainties — for opportunity,\" Invesco's Justin Leverenz wrote in a July 14 note. </p><p> Rising commodity prices and a strong outlook for the mining sector, especially given rising demand for \"green metals\" like copper and cobalt, should boost Latin American stocks and currencies, potentially aided by a weaker dollar. </p><p> With this in mind, Invesco has exposure to Brazilian miner Vale and Mexico's largest copper producer Grupo Mexico < GMEXICOB.MX.> </p><p> Technology is another driver of Invesco's thesis, based on the rise of fintech, e-commerce and other tech services in countries like Brazil. The tech industry will provide job growth and investment opportunity in the region, according to Leverenz.</p><p> \"Five of the new entrants in Latin America’s top market capitalization giants in the past decade have come from e-commerce and fintech, there are likely more to come as cozy oligopolies in banking and retail get shaken up around the region,\" he writes. </p><p> Finally, when assessing the political landscape, Invesco thinks reasonably stable central banks and political divisions should prevent a drift into \"no-go zones of macroeconomic stability,\" while voters are unlikely to completely reject capitalism-friendly policies. </p><p> So far in 2021, MSCI's Latin America index is up 6%. </p><p> (Lisa Mattackal)</p><p> *****</p><p> MEANWHILE, IN WASHINGTON... (1255 EDT/1655 GMT) </p><p> Earnings season is well afoot, economic data is providing a flood of information regarding the state of the U.S. economic recovery, and investors are keeping a wary eye on the growing threat of the Delta COVID-19 variant.</p><p> But goings-on in the U.S. Capitol building remain on market participants' radar.</p><p> U.S. Federal Reserve Chairman Jerome Powell is spending his second day testifying before Congress, and the Senate Banking Committee has the latest honor. </p><p> While Powell largely stuck to his \"inflation is transitory\" script, he faced grilling from both sides of the aisle. </p><p> Pennsylvania Republican Pat Toomey called the central bank's ongoing purchases of mortgage-backed securities \"puzzling\" in view of skyrocketing home prices, while committee chair Sherrod Brown, Democrat from Ohio, challenged Powell over weakening bank regulations, saying \"the Fed has rolled back important safeguards making it easier for the banks to pump up the price of their stock.\"</p><p> U.S. Treasury yields fell as Powell held his dovish ground.</p><p> Partisan wrangling over an infrastructure bill rolled on, with U.S. Senate Majority leader Chuck Schumer setting up the first floor debate on a $1.2 trillion package, while also urging fellow Democrats to move on a larger $3.5 trillion budget package, which includes spending on climate measures and beefs up social spending. </p><p> For his part, Senate Minority leader Mitch McConnell said in a Fox News interview on Thursday that every Republican senator would vote against the larger measure. </p><p> Industrials and materials , which stand to gain from increased infrastructure expenditures, were both green at last glance.</p><p> (Stephen Culp)</p><p> *****</p><p> EUROPE CLOSES IN FAMILIAR TERRITORY (1145 EDT/1545 GMT) </p><p> There are quite a lot of factors which can help explain today's 1% retreat for European stocks and the spread of the Delta variant is a big one, coupled with the ongoing bond rally and 'peak growth' fears. </p><p> The big bulk of the market price action took place within the energy sector with the index losing close to 3% and briefly hitting lows not seen since February. </p><p> Rising U.S. fuel stocks are raising concerns over the demand in the world's largest economy as you can read here:</p><p> Then again, at about 455 points, the pan-European STOXX 600 is in very familiar territory. </p><p> \"It's been another negative day for European markets, as they continue to trade in the range they’ve broadly been in for the past few months\", commented Michael Hewson at CMC Markets UK. </p><p> As you can see below, the STOXX 600 has spent most of the last 30 sessions hovering between 450 and 461 points.</p><p> (Julien Ponthus) </p><p> *****</p><p> 'FIT FOR 55' PACKAGE: UNFIT FOR AIRLINES, BOOST FOR GREEN ENERGY MAJORS (1118 EDT/1518 GMT)</p><p> Just when you thought airlines stocks were recovering from the massive declines last year, the spread of the Delta variant across Europe is threatening to stall the recovery. It doesn't stop there. European Union's mega climate plan unveiled on Wednesday ain't going to sit well with investors either. </p><p> The EU Commission, in what it called the 'Fit for 55' package, said aviation must do more to contribute to its goal to cut economy-wide net emissions by 55% by 2030, from 1990 levels.</p><p> Fuel costs are the biggest headache. Bernstein analysts say easyJet faces the biggest threat due to its higher level of free allowances on jet fuel and slower fleet transition. With lower margins, Air France KLM is also badly hit. New fleet and lower allowance, on the other hand, sets up Wizz Air</p><p> favorably. But overall, they are not confident airlines can pass on higher costs to consumers.</p><p> Meanwhile, a call to stop diesel and petrol cars will have a mixed impact on auto stocks. Equita analysts point out a few names. Faurecia's clean mobility division has no products for electric cars, Sogefi's filter division is likely to see OE business fade for ICE cars. Stocks exposed to car electrification like STMicroelectronics and Umicore will benefit. </p><p> Indeed, the companies most favored by the package will be Green Energy majors including EDP Renovaveis , RWE</p><p> , EDP , Enel . </p><p> On July 14, Goldman Sachs said in a research note that it expects a fourfold growth in annual RES (Renewable Energy Sources) and a surge in power grid investments.</p><p> (Sruthi Shankar)</p><p> *****</p><p> THE ECONOMY CHUGS ALONG, BUT IT'S TAKING THE LOCAL, NOT THE EXPRESS (1100 EDT/1500 GMT)</p><p> A maelstrom of data unleashed on Thursday appeared to back up Federal Reserve Chairman Jerome Powell's assertion that while the economy is on a track to recovery, it's nowhere arriving at \"back to normal.\" </p><p> A worker shortage and a steep demand/supply imbalance continue to leave their paw prints on the indicators.</p><p> The number of U.S. workers filing first-time applications for unemployment benefits last week fell by 26,000 to 360,000, hitting a 16-month low and the consensus bull's eye.</p><p> While claims have stayed below the 400,000 mark in recent weeks, they still hover above the 200,000 to 250,000 range associated with healthy labor market churn, suggesting that yanking the federal emergency unemployment supplements early (as at least 20 states led by Republican governors have done) hasn't yet prodded workers back to the labor force en masse. </p><p> About 9.5 million Americans remain unemployed, but there are also nearly that many job openings.</p><p> Still, early cancellation of federal benefits is having some effect on claims.</p><p> \"The early end to emergency benefits by some states is starting to become apparent in the data,\" writes Nancy Vanden Houten, lead U.S. economist at Oxford Economics (OE).</p><p> Ongoing claims, reported on a one-week delay, dipped more than expected, falling to 3.241 million.</p><p> Output by U.S. factories unexpectedly decreased by 0.1% in June, according to the Federal Reserve, marking a reversal from May's 0.9% growth, as tight chip supply weighed on automobile production. </p><p> The data reflects \"a 6.6% plunge in production of autos and parts, which has bounced around wildly in recent months, presumably in response to shortages of semiconductors,\" notes Ian Shepherdson, chief economist at Pantheon Macroeconomics. \"Growth clearly has moderated from (an) initial surge last spring, but autos aren’t the only sector struggling with tight supplies of key inputs.\"</p><p> In total, industrial production increased by 0.4% in June, slower than the 0.6% expected, and weaker than the 0.7% growth in May.</p><p> On the bright side, capacity utilization , a measure of economic slack, edged up 0.2 percentage points to 75.4, a hair below expectations.</p><p> This tension between strong demand and supply bottlenecks also contributed to a mixed picture Atlantic factory activity.</p><p> On the upside, manufacturing activity in New York State went to the races. The New York Fed's Empire State index zooming to a reading of 43, blowing past the 18 analysts expected.</p><p> On the other hand, the Philadelphia Federal Reserve's business index (aka Philly Fed) decelerated, dipping to 21.9, well below the level of 28 projected by economists.</p><p> \"Both the Empire State and Philly Fed surveys suggest that price pressures are peaking,\" adds Shepherdson, \"with delivery times, unfilled orders and the price indexes all slipping a bit in recent months.\"</p><p> An Empire State/Philly Fed reading above zero signifies expansion from the previous month.</p><p> The Labor Department also reported that the cost of imported goods rose by 1% in June, cooling down from May's 1.4% pace, but still facing upward pressure from supply bottlenecks. </p><p> Gasoline, industrial supplies and food prices drove the increase. </p><p> \"While the surge in some commodity prices may be leveling off, the still-strong readings suggest elevated import price inflation will persist through 2021,\" says Mahir Rasheed, U.S. economist at OE. \"Strong domestic demand will keep a tight pull on imports, while stubborn supply disruptions will take time to fully resolve as virus constraints linger.\" </p><p> Year-over-year, while import prices are up a red-hot 11.2%, the latest data marks a slight deceleration from the previous month.</p><p> The graphic below shows how import prices stack up against other major indicators relative to the Federal Reserve's average annual 2% inflation target:</p><p> Chips were not only the ghost in the U.S. factory machine, but they are also haunting Wall Street on Thursday.</p><p> While the three major U.S. stock indexes are mixed in morning-trade, the Philadelphia SE Semiconductor index is sharply underperforming.</p><p> (Stephen Culp)</p><p> *****</p><p> S&P 500 CAUGHT IN A TRAP? (1001 EDT/1401 GMT)</p><p> Major U.S. indexes are modestly red in early trade. That said, FANG stocks are gaining. The NYSE FANG+TM index is up, and once again flirting with its 7,329.08 February record-high close. </p><p> This follows the latest batch of quarterly corporate earnings reports, and data showing the number of Americans filing new claims for unemployment benefits fell last week as expected. </p><p> Although the S&P 500 is now on pace to end a 3-week winning streak, it is also trapped in an especially narrow range this week. In fact, the benchmark index is on track for its tightest weekly range as a percentage of the prior week's close since late December 2019. Thus, traders are on guard for a pick-up in volatility, and a breakout one way or the other. Of note, the VIX is attempting to rise for a second-straight week.</p><p> Meanwhile, Fed Chair Powell will be concluding his testimony in front of Congress today. On Wednesday, he said he was confident recent price hikes were associated with the country's post-pandemic reopening and would fade. </p><p> Here is an early-trade snapshot:</p><p> (Terence Gabriel)</p><p> *****</p><p> RECENT CHIP STOCK LAG MAY SOON SPLINTER NASDAQ (0910 EDT/1310 GMT)</p><p> The Philadelphia SE Semiconductor index has been a 2021 leader. In fact, this index is up nearly 18% year-to-date vs a rise of about 14% for the Nasdaq Composite .</p><p> However, after hitting its highest level in more than 15 years in early April , the SOX/IXIC ratio has struggled:</p><p> Generally, traders want to see this key sub-sector within tech outperforming to add confidence in the sustainability of the Nasdaq's rise. However, with chips now lagging, it may be a warning sign that the Composite's recent relatively smooth advance to fresh record highs, may soon splinter. </p><p> Just looking back to early 2018, multi-week/multi-month periods of SOX/IXIC ratio divergence preceded a number of significant periods of instability in the Composite.</p><p> Most recently, as the IXIC was making new highs in late April, the SOX/IXIC ratio failed to confirm the move. The Composite then declined more than 8% into its mid-May trough.</p><p> Since bottoming in mid-May, the Nasdaq has enjoyed a near-14% advance to new highs. However, the SOX is once again underperforming. In fact, the index is down in July, and on track for its biggest monthly percentage fall since March 2020.</p><p> (Terence Gabriel)</p><p> *****</p><p> FOR THURSDAY'S LIVE MARKETS' POSTS PRIOR TO 0905 EDT/1305 GMT - CLICK HERE: </p><p> <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SOX07152021 earlytrade07152021 Jobless claims Industrial output Empire State and Philly Fed Inflation STOXX Closing snapshot </p><p> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^></p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQQQ":"纳指三倍做空ETF","QLD":"纳指两倍做多ETF","MS":"摩根士丹利","PSQ":"纳指反向ETF","GOOGL":"谷歌A","SDOW":"道指三倍做空ETF-ProShares","DDM":"道指两倍做多ETF","MSFT":"微软","AAPL":"苹果","09086":"华夏纳指-U","DXD":"道指两倍做空ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","QQQ":"纳指100ETF",".SPX":"S&P 500 Index","UNH":"联合健康","03086":"华夏纳指","QNETCN":"纳斯达克中美互联网老虎指数","NVDA":"英伟达","TQQQ":"纳指三倍做多ETF","UDOW":"道指三倍做多ETF-ProShares","QID":"纳指两倍做空ETF","DOG":"道指反向ETF","DJX":"1/100道琼斯","AMZN":"亚马逊"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151416573","content_text":"* S&P, Nasdaq close lower; Dow posts nominal advance * Energy weakest major S&P sector; utilities lead gainers * Dollar, gold up; crude, bitcoin slip * U.S. 10-Year Treasury yield ~1.30% July 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com WALL STREET LOSES STEAM, BURDENED BY TECH (1615 EDT/2015 GMT) Wall Street lost altitude on Wednesday as investors digested a mixed bag of data and Fed Chairman Jerome Powell sang another verse of his \"inflation is transitory\" song in his second straight day of congressional testimony. The S&P and the Nasdaq ended the session in negative territory, weighed down by market-leading tech- and tech-adjacent stocks such as Nvidia Corp , Amazon.com , Microsoft Corp , Apple Inc , Facebook Inc and Alphabet Inc . The Dow squeaked by, closing barely green. Utilities advanced 1.2%, leading the gainers by a substantial margin, benefiting from falling Treasury yields and the prospect of another brutal heatwave striking the western United States. A spate of data showed jobless claims hitting a 16-month low amid an ongoing worker shortage and factory output hamstrung by the continuing demand/supply imbalance. Powell faced the Senate Banking Committee, where he reiterated the central bank's vows to support the economic revival and repeated his assurances that the current inflation wave is temporary. The Fed Chair's dovish refrain helped push Treasury yields to one-week lows. Second-quarter earnings season approaches the end of its first week, with Morgan Stanley and UnitedHealth Group among companies having their turn at bat on Thursday. Morgan Stanley surprised profit expectations to the upside, but a slowdown in trading left investors unimpressed. The stock eked out a 0.2% gain on the day. UnitedHealth advanced 1.3%, providing the biggest boost to the Dow in the wake of its beat-and-raise report in which it noted a post-pandemic upswing in non-urgent care. Here's your closing snapshot: (Stephen Culp) ***** BITCOIN AT $30,000 IS SOLID SUPPORT, BUT $25,000 BET IN OPTIONS EMERGE (1427 EDT/1627 GMT) Pankaj Balani, chief executive officer at derivatives trading platform Delta Exchange said $30,000 remains a strong support for bitcoin in the options market, given that it's the most sold strike for July and August on the downside. That said, Balani pointed out that below $30,000, strikes at $25,000 have emerged though with lower open interest. \"Bitcoin has been in a consolidation phase and is trying to settle in the $30,000-$40,000 range,\" Balani said. \"Overall, the risk of downside below $30,000 on bitcoin is much higher now than what it was in the month of May and June.\" Implied volatility, meanwhile, is being crushed as the market continues to trade in a tight range. Balani said if the market continues to languish, option sellers will become aggressive and continue selling the upside much more than the downside. That has been happening already, he added. He noted that implied vols are down for both the July and August expiries. Bitcoin was last down around 4.4% at $31,396 . (Gertrude Chavez-Dreyfuss) ***** \"NEGLECTED\" LATAM EQUITIES' TIME TO SHINE? (1415 EDT/1815 GMT) It has been a rough decade for Latin American equity markets, as economic woes and political unrest have unsettled investors in the region. However, the Developing Markets team at Invesco thinks it may be time for a rebound. Indeed, MSCI's Latin America stocks index has declined nearly 40% in the last 10 years, compared with a 18% rise in the emerging market benchmark . Invesco notes LatAm stocks now make up less than 8% of the weight of the MSCI Emerging Markets Index - less than the combined weightage of Tencent and Alibaba. \"In our view, this neglect creates conditions — though not certainties — for opportunity,\" Invesco's Justin Leverenz wrote in a July 14 note. Rising commodity prices and a strong outlook for the mining sector, especially given rising demand for \"green metals\" like copper and cobalt, should boost Latin American stocks and currencies, potentially aided by a weaker dollar. With this in mind, Invesco has exposure to Brazilian miner Vale and Mexico's largest copper producer Grupo Mexico < GMEXICOB.MX.> Technology is another driver of Invesco's thesis, based on the rise of fintech, e-commerce and other tech services in countries like Brazil. The tech industry will provide job growth and investment opportunity in the region, according to Leverenz. \"Five of the new entrants in Latin America’s top market capitalization giants in the past decade have come from e-commerce and fintech, there are likely more to come as cozy oligopolies in banking and retail get shaken up around the region,\" he writes. Finally, when assessing the political landscape, Invesco thinks reasonably stable central banks and political divisions should prevent a drift into \"no-go zones of macroeconomic stability,\" while voters are unlikely to completely reject capitalism-friendly policies. So far in 2021, MSCI's Latin America index is up 6%. (Lisa Mattackal) ***** MEANWHILE, IN WASHINGTON... (1255 EDT/1655 GMT) Earnings season is well afoot, economic data is providing a flood of information regarding the state of the U.S. economic recovery, and investors are keeping a wary eye on the growing threat of the Delta COVID-19 variant. But goings-on in the U.S. Capitol building remain on market participants' radar. U.S. Federal Reserve Chairman Jerome Powell is spending his second day testifying before Congress, and the Senate Banking Committee has the latest honor. While Powell largely stuck to his \"inflation is transitory\" script, he faced grilling from both sides of the aisle. Pennsylvania Republican Pat Toomey called the central bank's ongoing purchases of mortgage-backed securities \"puzzling\" in view of skyrocketing home prices, while committee chair Sherrod Brown, Democrat from Ohio, challenged Powell over weakening bank regulations, saying \"the Fed has rolled back important safeguards making it easier for the banks to pump up the price of their stock.\" U.S. Treasury yields fell as Powell held his dovish ground. Partisan wrangling over an infrastructure bill rolled on, with U.S. Senate Majority leader Chuck Schumer setting up the first floor debate on a $1.2 trillion package, while also urging fellow Democrats to move on a larger $3.5 trillion budget package, which includes spending on climate measures and beefs up social spending. For his part, Senate Minority leader Mitch McConnell said in a Fox News interview on Thursday that every Republican senator would vote against the larger measure. Industrials and materials , which stand to gain from increased infrastructure expenditures, were both green at last glance. (Stephen Culp) ***** EUROPE CLOSES IN FAMILIAR TERRITORY (1145 EDT/1545 GMT) There are quite a lot of factors which can help explain today's 1% retreat for European stocks and the spread of the Delta variant is a big one, coupled with the ongoing bond rally and 'peak growth' fears. The big bulk of the market price action took place within the energy sector with the index losing close to 3% and briefly hitting lows not seen since February. Rising U.S. fuel stocks are raising concerns over the demand in the world's largest economy as you can read here: Then again, at about 455 points, the pan-European STOXX 600 is in very familiar territory. \"It's been another negative day for European markets, as they continue to trade in the range they’ve broadly been in for the past few months\", commented Michael Hewson at CMC Markets UK. As you can see below, the STOXX 600 has spent most of the last 30 sessions hovering between 450 and 461 points. (Julien Ponthus) ***** 'FIT FOR 55' PACKAGE: UNFIT FOR AIRLINES, BOOST FOR GREEN ENERGY MAJORS (1118 EDT/1518 GMT) Just when you thought airlines stocks were recovering from the massive declines last year, the spread of the Delta variant across Europe is threatening to stall the recovery. It doesn't stop there. European Union's mega climate plan unveiled on Wednesday ain't going to sit well with investors either. The EU Commission, in what it called the 'Fit for 55' package, said aviation must do more to contribute to its goal to cut economy-wide net emissions by 55% by 2030, from 1990 levels. Fuel costs are the biggest headache. Bernstein analysts say easyJet faces the biggest threat due to its higher level of free allowances on jet fuel and slower fleet transition. With lower margins, Air France KLM is also badly hit. New fleet and lower allowance, on the other hand, sets up Wizz Air favorably. But overall, they are not confident airlines can pass on higher costs to consumers. Meanwhile, a call to stop diesel and petrol cars will have a mixed impact on auto stocks. Equita analysts point out a few names. Faurecia's clean mobility division has no products for electric cars, Sogefi's filter division is likely to see OE business fade for ICE cars. Stocks exposed to car electrification like STMicroelectronics and Umicore will benefit. Indeed, the companies most favored by the package will be Green Energy majors including EDP Renovaveis , RWE , EDP , Enel . On July 14, Goldman Sachs said in a research note that it expects a fourfold growth in annual RES (Renewable Energy Sources) and a surge in power grid investments. (Sruthi Shankar) ***** THE ECONOMY CHUGS ALONG, BUT IT'S TAKING THE LOCAL, NOT THE EXPRESS (1100 EDT/1500 GMT) A maelstrom of data unleashed on Thursday appeared to back up Federal Reserve Chairman Jerome Powell's assertion that while the economy is on a track to recovery, it's nowhere arriving at \"back to normal.\" A worker shortage and a steep demand/supply imbalance continue to leave their paw prints on the indicators. The number of U.S. workers filing first-time applications for unemployment benefits last week fell by 26,000 to 360,000, hitting a 16-month low and the consensus bull's eye. While claims have stayed below the 400,000 mark in recent weeks, they still hover above the 200,000 to 250,000 range associated with healthy labor market churn, suggesting that yanking the federal emergency unemployment supplements early (as at least 20 states led by Republican governors have done) hasn't yet prodded workers back to the labor force en masse. About 9.5 million Americans remain unemployed, but there are also nearly that many job openings. Still, early cancellation of federal benefits is having some effect on claims. \"The early end to emergency benefits by some states is starting to become apparent in the data,\" writes Nancy Vanden Houten, lead U.S. economist at Oxford Economics (OE). Ongoing claims, reported on a one-week delay, dipped more than expected, falling to 3.241 million. Output by U.S. factories unexpectedly decreased by 0.1% in June, according to the Federal Reserve, marking a reversal from May's 0.9% growth, as tight chip supply weighed on automobile production. The data reflects \"a 6.6% plunge in production of autos and parts, which has bounced around wildly in recent months, presumably in response to shortages of semiconductors,\" notes Ian Shepherdson, chief economist at Pantheon Macroeconomics. \"Growth clearly has moderated from (an) initial surge last spring, but autos aren’t the only sector struggling with tight supplies of key inputs.\" In total, industrial production increased by 0.4% in June, slower than the 0.6% expected, and weaker than the 0.7% growth in May. On the bright side, capacity utilization , a measure of economic slack, edged up 0.2 percentage points to 75.4, a hair below expectations. This tension between strong demand and supply bottlenecks also contributed to a mixed picture Atlantic factory activity. On the upside, manufacturing activity in New York State went to the races. The New York Fed's Empire State index zooming to a reading of 43, blowing past the 18 analysts expected. On the other hand, the Philadelphia Federal Reserve's business index (aka Philly Fed) decelerated, dipping to 21.9, well below the level of 28 projected by economists. \"Both the Empire State and Philly Fed surveys suggest that price pressures are peaking,\" adds Shepherdson, \"with delivery times, unfilled orders and the price indexes all slipping a bit in recent months.\" An Empire State/Philly Fed reading above zero signifies expansion from the previous month. The Labor Department also reported that the cost of imported goods rose by 1% in June, cooling down from May's 1.4% pace, but still facing upward pressure from supply bottlenecks. Gasoline, industrial supplies and food prices drove the increase. \"While the surge in some commodity prices may be leveling off, the still-strong readings suggest elevated import price inflation will persist through 2021,\" says Mahir Rasheed, U.S. economist at OE. \"Strong domestic demand will keep a tight pull on imports, while stubborn supply disruptions will take time to fully resolve as virus constraints linger.\" Year-over-year, while import prices are up a red-hot 11.2%, the latest data marks a slight deceleration from the previous month. The graphic below shows how import prices stack up against other major indicators relative to the Federal Reserve's average annual 2% inflation target: Chips were not only the ghost in the U.S. factory machine, but they are also haunting Wall Street on Thursday. While the three major U.S. stock indexes are mixed in morning-trade, the Philadelphia SE Semiconductor index is sharply underperforming. (Stephen Culp) ***** S&P 500 CAUGHT IN A TRAP? (1001 EDT/1401 GMT) Major U.S. indexes are modestly red in early trade. That said, FANG stocks are gaining. The NYSE FANG+TM index is up, and once again flirting with its 7,329.08 February record-high close. This follows the latest batch of quarterly corporate earnings reports, and data showing the number of Americans filing new claims for unemployment benefits fell last week as expected. Although the S&P 500 is now on pace to end a 3-week winning streak, it is also trapped in an especially narrow range this week. In fact, the benchmark index is on track for its tightest weekly range as a percentage of the prior week's close since late December 2019. Thus, traders are on guard for a pick-up in volatility, and a breakout one way or the other. Of note, the VIX is attempting to rise for a second-straight week. Meanwhile, Fed Chair Powell will be concluding his testimony in front of Congress today. On Wednesday, he said he was confident recent price hikes were associated with the country's post-pandemic reopening and would fade. Here is an early-trade snapshot: (Terence Gabriel) ***** RECENT CHIP STOCK LAG MAY SOON SPLINTER NASDAQ (0910 EDT/1310 GMT) The Philadelphia SE Semiconductor index has been a 2021 leader. In fact, this index is up nearly 18% year-to-date vs a rise of about 14% for the Nasdaq Composite . However, after hitting its highest level in more than 15 years in early April , the SOX/IXIC ratio has struggled: Generally, traders want to see this key sub-sector within tech outperforming to add confidence in the sustainability of the Nasdaq's rise. However, with chips now lagging, it may be a warning sign that the Composite's recent relatively smooth advance to fresh record highs, may soon splinter. Just looking back to early 2018, multi-week/multi-month periods of SOX/IXIC ratio divergence preceded a number of significant periods of instability in the Composite. Most recently, as the IXIC was making new highs in late April, the SOX/IXIC ratio failed to confirm the move. The Composite then declined more than 8% into its mid-May trough. Since bottoming in mid-May, the Nasdaq has enjoyed a near-14% advance to new highs. However, the SOX is once again underperforming. In fact, the index is down in July, and on track for its biggest monthly percentage fall since March 2020. (Terence Gabriel) ***** FOR THURSDAY'S LIVE MARKETS' POSTS PRIOR TO 0905 EDT/1305 GMT - CLICK HERE: <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SOX07152021 earlytrade07152021 Jobless claims Industrial output Empire State and Philly Fed Inflation STOXX Closing snapshot ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147476317,"gmtCreate":1626389127139,"gmtModify":1703759032288,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Comments","listText":"Comments","text":"Comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147476317","repostId":"2151416573","repostType":2,"repost":{"id":"2151416573","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626380188,"share":"https://ttm.financial/m/news/2151416573?lang=&edition=fundamental","pubTime":"2021-07-16 04:16","market":"fut","language":"en","title":"LIVE MARKETS-Wall Street loses steam, burdened by tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2151416573","media":"Reuters","summary":"* S&P, Nasdaq close lower; Dow posts nominal advance * Energy weakest major S&P sector; utilities ","content":"<html><body><p>* S&P, Nasdaq close lower; Dow posts nominal advance</p><p> * Energy weakest major S&P sector; utilities lead gainers</p><p> * Dollar, gold up; crude, bitcoin slip</p><p> * U.S. 10-Year Treasury yield ~1.30%</p><p> July 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p> WALL STREET LOSES STEAM, BURDENED BY TECH (1615 EDT/2015 GMT)</p><p> Wall Street lost altitude on Wednesday as investors digested a mixed bag of data and Fed Chairman Jerome Powell sang another verse of his \"inflation is transitory\" song in his second straight day of congressional testimony.</p><p> The S&P and the Nasdaq ended the session in negative territory, weighed down by market-leading tech- and tech-adjacent stocks such as Nvidia Corp , Amazon.com</p><p> , Microsoft Corp , Apple Inc , <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc and Alphabet Inc . </p><p> The Dow squeaked by, closing barely green.</p><p> Utilities advanced 1.2%, leading the gainers by a substantial margin, benefiting from falling Treasury yields and the prospect of another brutal heatwave striking the western United States.</p><p> A spate of data showed jobless claims hitting a 16-month low amid an ongoing worker shortage and factory output hamstrung by the continuing demand/supply imbalance. </p><p> Powell faced the Senate Banking Committee, where he reiterated the central bank's vows to support the economic revival and repeated his assurances that the current inflation wave is temporary. </p><p> The Fed Chair's dovish refrain helped push Treasury yields to <a href=\"https://laohu8.com/S/AONE.U\">one</a>-week lows. </p><p> Second-quarter earnings season approaches the end of its first week, with <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and UnitedHealth Group</p><p> among companies having their turn at bat on Thursday.</p><p> Morgan Stanley surprised profit expectations to the upside, but a slowdown in trading left investors unimpressed. The stock eked out a 0.2% gain on the day. </p><p> UnitedHealth advanced 1.3%, providing the biggest boost to the Dow in the wake of its beat-and-raise report in which it noted a post-pandemic upswing in non-urgent care. </p><p> Here's your closing snapshot:</p><p> (Stephen Culp)</p><p> *****</p><p> BITCOIN AT $30,000 IS SOLID SUPPORT, BUT $25,000 BET IN OPTIONS EMERGE (1427 EDT/1627 GMT)</p><p> Pankaj Balani, chief executive officer at derivatives trading platform Delta Exchange said $30,000 remains a strong support for bitcoin in the options market, given that it's the most sold strike for July and August on the downside.</p><p> That said, Balani pointed out that below $30,000, strikes at $25,000 have emerged though with lower open interest.</p><p> \"Bitcoin has been in a consolidation phase and is trying to settle in the $30,000-$40,000 range,\" Balani said. \"Overall, the risk of downside below $30,000 on bitcoin is much higher now than what it was in the month of May and June.\" </p><p> Implied volatility, meanwhile, is being crushed as the market continues to trade in a tight range. Balani said if the market continues to languish, option sellers will become aggressive and continue selling the upside much more than the downside. That has been happening already, he added. He noted that implied vols are down for both the July and August expiries.</p><p> Bitcoin was last down around 4.4% at $31,396 .</p><p> (Gertrude Chavez-Dreyfuss)</p><p> *****</p><p> \"NEGLECTED\" LATAM EQUITIES' TIME TO SHINE? (1415 EDT/1815 GMT)</p><p> It has been a rough decade for Latin American equity markets, as economic woes and political unrest have unsettled investors in the region. However, the Developing Markets team at Invesco thinks it may be time for a rebound. </p><p> Indeed, MSCI's Latin America stocks index has declined nearly 40% in the last 10 years, compared with a 18% rise in the emerging market benchmark . </p><p> Invesco notes LatAm stocks now make up less than 8% of the weight of the MSCI Emerging Markets Index - less than the combined weightage of Tencent and Alibaba. </p><p> \"In our view, this neglect creates conditions — though not certainties — for opportunity,\" Invesco's Justin Leverenz wrote in a July 14 note. </p><p> Rising commodity prices and a strong outlook for the mining sector, especially given rising demand for \"green metals\" like copper and cobalt, should boost Latin American stocks and currencies, potentially aided by a weaker dollar. </p><p> With this in mind, Invesco has exposure to Brazilian miner Vale and Mexico's largest copper producer Grupo Mexico < GMEXICOB.MX.> </p><p> Technology is another driver of Invesco's thesis, based on the rise of fintech, e-commerce and other tech services in countries like Brazil. The tech industry will provide job growth and investment opportunity in the region, according to Leverenz.</p><p> \"Five of the new entrants in Latin America’s top market capitalization giants in the past decade have come from e-commerce and fintech, there are likely more to come as cozy oligopolies in banking and retail get shaken up around the region,\" he writes. </p><p> Finally, when assessing the political landscape, Invesco thinks reasonably stable central banks and political divisions should prevent a drift into \"no-go zones of macroeconomic stability,\" while voters are unlikely to completely reject capitalism-friendly policies. </p><p> So far in 2021, MSCI's Latin America index is up 6%. </p><p> (Lisa Mattackal)</p><p> *****</p><p> MEANWHILE, IN WASHINGTON... (1255 EDT/1655 GMT) </p><p> Earnings season is well afoot, economic data is providing a flood of information regarding the state of the U.S. economic recovery, and investors are keeping a wary eye on the growing threat of the Delta COVID-19 variant.</p><p> But goings-on in the U.S. Capitol building remain on market participants' radar.</p><p> U.S. Federal Reserve Chairman Jerome Powell is spending his second day testifying before Congress, and the Senate Banking Committee has the latest honor. </p><p> While Powell largely stuck to his \"inflation is transitory\" script, he faced grilling from both sides of the aisle. </p><p> Pennsylvania Republican Pat Toomey called the central bank's ongoing purchases of mortgage-backed securities \"puzzling\" in view of skyrocketing home prices, while committee chair Sherrod Brown, Democrat from Ohio, challenged Powell over weakening bank regulations, saying \"the Fed has rolled back important safeguards making it easier for the banks to pump up the price of their stock.\"</p><p> U.S. Treasury yields fell as Powell held his dovish ground.</p><p> Partisan wrangling over an infrastructure bill rolled on, with U.S. Senate Majority leader Chuck Schumer setting up the first floor debate on a $1.2 trillion package, while also urging fellow Democrats to move on a larger $3.5 trillion budget package, which includes spending on climate measures and beefs up social spending. </p><p> For his part, Senate Minority leader Mitch McConnell said in a Fox News interview on Thursday that every Republican senator would vote against the larger measure. </p><p> Industrials and materials , which stand to gain from increased infrastructure expenditures, were both green at last glance.</p><p> (Stephen Culp)</p><p> *****</p><p> EUROPE CLOSES IN FAMILIAR TERRITORY (1145 EDT/1545 GMT) </p><p> There are quite a lot of factors which can help explain today's 1% retreat for European stocks and the spread of the Delta variant is a big one, coupled with the ongoing bond rally and 'peak growth' fears. </p><p> The big bulk of the market price action took place within the energy sector with the index losing close to 3% and briefly hitting lows not seen since February. </p><p> Rising U.S. fuel stocks are raising concerns over the demand in the world's largest economy as you can read here:</p><p> Then again, at about 455 points, the pan-European STOXX 600 is in very familiar territory. </p><p> \"It's been another negative day for European markets, as they continue to trade in the range they’ve broadly been in for the past few months\", commented Michael Hewson at CMC Markets UK. </p><p> As you can see below, the STOXX 600 has spent most of the last 30 sessions hovering between 450 and 461 points.</p><p> (Julien Ponthus) </p><p> *****</p><p> 'FIT FOR 55' PACKAGE: UNFIT FOR AIRLINES, BOOST FOR GREEN ENERGY MAJORS (1118 EDT/1518 GMT)</p><p> Just when you thought airlines stocks were recovering from the massive declines last year, the spread of the Delta variant across Europe is threatening to stall the recovery. It doesn't stop there. European Union's mega climate plan unveiled on Wednesday ain't going to sit well with investors either. </p><p> The EU Commission, in what it called the 'Fit for 55' package, said aviation must do more to contribute to its goal to cut economy-wide net emissions by 55% by 2030, from 1990 levels.</p><p> Fuel costs are the biggest headache. Bernstein analysts say easyJet faces the biggest threat due to its higher level of free allowances on jet fuel and slower fleet transition. With lower margins, Air France KLM is also badly hit. New fleet and lower allowance, on the other hand, sets up Wizz Air</p><p> favorably. But overall, they are not confident airlines can pass on higher costs to consumers.</p><p> Meanwhile, a call to stop diesel and petrol cars will have a mixed impact on auto stocks. Equita analysts point out a few names. Faurecia's clean mobility division has no products for electric cars, Sogefi's filter division is likely to see OE business fade for ICE cars. Stocks exposed to car electrification like STMicroelectronics and Umicore will benefit. </p><p> Indeed, the companies most favored by the package will be Green Energy majors including EDP Renovaveis , RWE</p><p> , EDP , Enel . </p><p> On July 14, Goldman Sachs said in a research note that it expects a fourfold growth in annual RES (Renewable Energy Sources) and a surge in power grid investments.</p><p> (Sruthi Shankar)</p><p> *****</p><p> THE ECONOMY CHUGS ALONG, BUT IT'S TAKING THE LOCAL, NOT THE EXPRESS (1100 EDT/1500 GMT)</p><p> A maelstrom of data unleashed on Thursday appeared to back up Federal Reserve Chairman Jerome Powell's assertion that while the economy is on a track to recovery, it's nowhere arriving at \"back to normal.\" </p><p> A worker shortage and a steep demand/supply imbalance continue to leave their paw prints on the indicators.</p><p> The number of U.S. workers filing first-time applications for unemployment benefits last week fell by 26,000 to 360,000, hitting a 16-month low and the consensus bull's eye.</p><p> While claims have stayed below the 400,000 mark in recent weeks, they still hover above the 200,000 to 250,000 range associated with healthy labor market churn, suggesting that yanking the federal emergency unemployment supplements early (as at least 20 states led by Republican governors have done) hasn't yet prodded workers back to the labor force en masse. </p><p> About 9.5 million Americans remain unemployed, but there are also nearly that many job openings.</p><p> Still, early cancellation of federal benefits is having some effect on claims.</p><p> \"The early end to emergency benefits by some states is starting to become apparent in the data,\" writes Nancy Vanden Houten, lead U.S. economist at Oxford Economics (OE).</p><p> Ongoing claims, reported on a one-week delay, dipped more than expected, falling to 3.241 million.</p><p> Output by U.S. factories unexpectedly decreased by 0.1% in June, according to the Federal Reserve, marking a reversal from May's 0.9% growth, as tight chip supply weighed on automobile production. </p><p> The data reflects \"a 6.6% plunge in production of autos and parts, which has bounced around wildly in recent months, presumably in response to shortages of semiconductors,\" notes Ian Shepherdson, chief economist at Pantheon Macroeconomics. \"Growth clearly has moderated from (an) initial surge last spring, but autos aren’t the only sector struggling with tight supplies of key inputs.\"</p><p> In total, industrial production increased by 0.4% in June, slower than the 0.6% expected, and weaker than the 0.7% growth in May.</p><p> On the bright side, capacity utilization , a measure of economic slack, edged up 0.2 percentage points to 75.4, a hair below expectations.</p><p> This tension between strong demand and supply bottlenecks also contributed to a mixed picture Atlantic factory activity.</p><p> On the upside, manufacturing activity in New York State went to the races. The New York Fed's Empire State index zooming to a reading of 43, blowing past the 18 analysts expected.</p><p> On the other hand, the Philadelphia Federal Reserve's business index (aka Philly Fed) decelerated, dipping to 21.9, well below the level of 28 projected by economists.</p><p> \"Both the Empire State and Philly Fed surveys suggest that price pressures are peaking,\" adds Shepherdson, \"with delivery times, unfilled orders and the price indexes all slipping a bit in recent months.\"</p><p> An Empire State/Philly Fed reading above zero signifies expansion from the previous month.</p><p> The Labor Department also reported that the cost of imported goods rose by 1% in June, cooling down from May's 1.4% pace, but still facing upward pressure from supply bottlenecks. </p><p> Gasoline, industrial supplies and food prices drove the increase. </p><p> \"While the surge in some commodity prices may be leveling off, the still-strong readings suggest elevated import price inflation will persist through 2021,\" says Mahir Rasheed, U.S. economist at OE. \"Strong domestic demand will keep a tight pull on imports, while stubborn supply disruptions will take time to fully resolve as virus constraints linger.\" </p><p> Year-over-year, while import prices are up a red-hot 11.2%, the latest data marks a slight deceleration from the previous month.</p><p> The graphic below shows how import prices stack up against other major indicators relative to the Federal Reserve's average annual 2% inflation target:</p><p> Chips were not only the ghost in the U.S. factory machine, but they are also haunting Wall Street on Thursday.</p><p> While the three major U.S. stock indexes are mixed in morning-trade, the Philadelphia SE Semiconductor index is sharply underperforming.</p><p> (Stephen Culp)</p><p> *****</p><p> S&P 500 CAUGHT IN A TRAP? (1001 EDT/1401 GMT)</p><p> Major U.S. indexes are modestly red in early trade. That said, FANG stocks are gaining. The NYSE FANG+TM index is up, and once again flirting with its 7,329.08 February record-high close. </p><p> This follows the latest batch of quarterly corporate earnings reports, and data showing the number of Americans filing new claims for unemployment benefits fell last week as expected. </p><p> Although the S&P 500 is now on pace to end a 3-week winning streak, it is also trapped in an especially narrow range this week. In fact, the benchmark index is on track for its tightest weekly range as a percentage of the prior week's close since late December 2019. Thus, traders are on guard for a pick-up in volatility, and a breakout one way or the other. Of note, the VIX is attempting to rise for a second-straight week.</p><p> Meanwhile, Fed Chair Powell will be concluding his testimony in front of Congress today. On Wednesday, he said he was confident recent price hikes were associated with the country's post-pandemic reopening and would fade. </p><p> Here is an early-trade snapshot:</p><p> (Terence Gabriel)</p><p> *****</p><p> RECENT CHIP STOCK LAG MAY SOON SPLINTER NASDAQ (0910 EDT/1310 GMT)</p><p> The Philadelphia SE Semiconductor index has been a 2021 leader. In fact, this index is up nearly 18% year-to-date vs a rise of about 14% for the Nasdaq Composite .</p><p> However, after hitting its highest level in more than 15 years in early April , the SOX/IXIC ratio has struggled:</p><p> Generally, traders want to see this key sub-sector within tech outperforming to add confidence in the sustainability of the Nasdaq's rise. However, with chips now lagging, it may be a warning sign that the Composite's recent relatively smooth advance to fresh record highs, may soon splinter. </p><p> Just looking back to early 2018, multi-week/multi-month periods of SOX/IXIC ratio divergence preceded a number of significant periods of instability in the Composite.</p><p> Most recently, as the IXIC was making new highs in late April, the SOX/IXIC ratio failed to confirm the move. The Composite then declined more than 8% into its mid-May trough.</p><p> Since bottoming in mid-May, the Nasdaq has enjoyed a near-14% advance to new highs. However, the SOX is once again underperforming. In fact, the index is down in July, and on track for its biggest monthly percentage fall since March 2020.</p><p> (Terence Gabriel)</p><p> *****</p><p> FOR THURSDAY'S LIVE MARKETS' POSTS PRIOR TO 0905 EDT/1305 GMT - CLICK HERE: </p><p> <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SOX07152021 earlytrade07152021 Jobless claims Industrial output Empire State and Philly Fed Inflation STOXX Closing snapshot </p><p> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^></p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LIVE MARKETS-Wall Street loses steam, burdened by tech</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLIVE MARKETS-Wall Street loses steam, burdened by tech\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-16 04:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* S&P, Nasdaq close lower; Dow posts nominal advance</p><p> * Energy weakest major S&P sector; utilities lead gainers</p><p> * Dollar, gold up; crude, bitcoin slip</p><p> * U.S. 10-Year Treasury yield ~1.30%</p><p> July 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p> WALL STREET LOSES STEAM, BURDENED BY TECH (1615 EDT/2015 GMT)</p><p> Wall Street lost altitude on Wednesday as investors digested a mixed bag of data and Fed Chairman Jerome Powell sang another verse of his \"inflation is transitory\" song in his second straight day of congressional testimony.</p><p> The S&P and the Nasdaq ended the session in negative territory, weighed down by market-leading tech- and tech-adjacent stocks such as Nvidia Corp , Amazon.com</p><p> , Microsoft Corp , Apple Inc , <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc and Alphabet Inc . </p><p> The Dow squeaked by, closing barely green.</p><p> Utilities advanced 1.2%, leading the gainers by a substantial margin, benefiting from falling Treasury yields and the prospect of another brutal heatwave striking the western United States.</p><p> A spate of data showed jobless claims hitting a 16-month low amid an ongoing worker shortage and factory output hamstrung by the continuing demand/supply imbalance. </p><p> Powell faced the Senate Banking Committee, where he reiterated the central bank's vows to support the economic revival and repeated his assurances that the current inflation wave is temporary. </p><p> The Fed Chair's dovish refrain helped push Treasury yields to <a href=\"https://laohu8.com/S/AONE.U\">one</a>-week lows. </p><p> Second-quarter earnings season approaches the end of its first week, with <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and UnitedHealth Group</p><p> among companies having their turn at bat on Thursday.</p><p> Morgan Stanley surprised profit expectations to the upside, but a slowdown in trading left investors unimpressed. The stock eked out a 0.2% gain on the day. </p><p> UnitedHealth advanced 1.3%, providing the biggest boost to the Dow in the wake of its beat-and-raise report in which it noted a post-pandemic upswing in non-urgent care. </p><p> Here's your closing snapshot:</p><p> (Stephen Culp)</p><p> *****</p><p> BITCOIN AT $30,000 IS SOLID SUPPORT, BUT $25,000 BET IN OPTIONS EMERGE (1427 EDT/1627 GMT)</p><p> Pankaj Balani, chief executive officer at derivatives trading platform Delta Exchange said $30,000 remains a strong support for bitcoin in the options market, given that it's the most sold strike for July and August on the downside.</p><p> That said, Balani pointed out that below $30,000, strikes at $25,000 have emerged though with lower open interest.</p><p> \"Bitcoin has been in a consolidation phase and is trying to settle in the $30,000-$40,000 range,\" Balani said. \"Overall, the risk of downside below $30,000 on bitcoin is much higher now than what it was in the month of May and June.\" </p><p> Implied volatility, meanwhile, is being crushed as the market continues to trade in a tight range. Balani said if the market continues to languish, option sellers will become aggressive and continue selling the upside much more than the downside. That has been happening already, he added. He noted that implied vols are down for both the July and August expiries.</p><p> Bitcoin was last down around 4.4% at $31,396 .</p><p> (Gertrude Chavez-Dreyfuss)</p><p> *****</p><p> \"NEGLECTED\" LATAM EQUITIES' TIME TO SHINE? (1415 EDT/1815 GMT)</p><p> It has been a rough decade for Latin American equity markets, as economic woes and political unrest have unsettled investors in the region. However, the Developing Markets team at Invesco thinks it may be time for a rebound. </p><p> Indeed, MSCI's Latin America stocks index has declined nearly 40% in the last 10 years, compared with a 18% rise in the emerging market benchmark . </p><p> Invesco notes LatAm stocks now make up less than 8% of the weight of the MSCI Emerging Markets Index - less than the combined weightage of Tencent and Alibaba. </p><p> \"In our view, this neglect creates conditions — though not certainties — for opportunity,\" Invesco's Justin Leverenz wrote in a July 14 note. </p><p> Rising commodity prices and a strong outlook for the mining sector, especially given rising demand for \"green metals\" like copper and cobalt, should boost Latin American stocks and currencies, potentially aided by a weaker dollar. </p><p> With this in mind, Invesco has exposure to Brazilian miner Vale and Mexico's largest copper producer Grupo Mexico < GMEXICOB.MX.> </p><p> Technology is another driver of Invesco's thesis, based on the rise of fintech, e-commerce and other tech services in countries like Brazil. The tech industry will provide job growth and investment opportunity in the region, according to Leverenz.</p><p> \"Five of the new entrants in Latin America’s top market capitalization giants in the past decade have come from e-commerce and fintech, there are likely more to come as cozy oligopolies in banking and retail get shaken up around the region,\" he writes. </p><p> Finally, when assessing the political landscape, Invesco thinks reasonably stable central banks and political divisions should prevent a drift into \"no-go zones of macroeconomic stability,\" while voters are unlikely to completely reject capitalism-friendly policies. </p><p> So far in 2021, MSCI's Latin America index is up 6%. </p><p> (Lisa Mattackal)</p><p> *****</p><p> MEANWHILE, IN WASHINGTON... (1255 EDT/1655 GMT) </p><p> Earnings season is well afoot, economic data is providing a flood of information regarding the state of the U.S. economic recovery, and investors are keeping a wary eye on the growing threat of the Delta COVID-19 variant.</p><p> But goings-on in the U.S. Capitol building remain on market participants' radar.</p><p> U.S. Federal Reserve Chairman Jerome Powell is spending his second day testifying before Congress, and the Senate Banking Committee has the latest honor. </p><p> While Powell largely stuck to his \"inflation is transitory\" script, he faced grilling from both sides of the aisle. </p><p> Pennsylvania Republican Pat Toomey called the central bank's ongoing purchases of mortgage-backed securities \"puzzling\" in view of skyrocketing home prices, while committee chair Sherrod Brown, Democrat from Ohio, challenged Powell over weakening bank regulations, saying \"the Fed has rolled back important safeguards making it easier for the banks to pump up the price of their stock.\"</p><p> U.S. Treasury yields fell as Powell held his dovish ground.</p><p> Partisan wrangling over an infrastructure bill rolled on, with U.S. Senate Majority leader Chuck Schumer setting up the first floor debate on a $1.2 trillion package, while also urging fellow Democrats to move on a larger $3.5 trillion budget package, which includes spending on climate measures and beefs up social spending. </p><p> For his part, Senate Minority leader Mitch McConnell said in a Fox News interview on Thursday that every Republican senator would vote against the larger measure. </p><p> Industrials and materials , which stand to gain from increased infrastructure expenditures, were both green at last glance.</p><p> (Stephen Culp)</p><p> *****</p><p> EUROPE CLOSES IN FAMILIAR TERRITORY (1145 EDT/1545 GMT) </p><p> There are quite a lot of factors which can help explain today's 1% retreat for European stocks and the spread of the Delta variant is a big one, coupled with the ongoing bond rally and 'peak growth' fears. </p><p> The big bulk of the market price action took place within the energy sector with the index losing close to 3% and briefly hitting lows not seen since February. </p><p> Rising U.S. fuel stocks are raising concerns over the demand in the world's largest economy as you can read here:</p><p> Then again, at about 455 points, the pan-European STOXX 600 is in very familiar territory. </p><p> \"It's been another negative day for European markets, as they continue to trade in the range they’ve broadly been in for the past few months\", commented Michael Hewson at CMC Markets UK. </p><p> As you can see below, the STOXX 600 has spent most of the last 30 sessions hovering between 450 and 461 points.</p><p> (Julien Ponthus) </p><p> *****</p><p> 'FIT FOR 55' PACKAGE: UNFIT FOR AIRLINES, BOOST FOR GREEN ENERGY MAJORS (1118 EDT/1518 GMT)</p><p> Just when you thought airlines stocks were recovering from the massive declines last year, the spread of the Delta variant across Europe is threatening to stall the recovery. It doesn't stop there. European Union's mega climate plan unveiled on Wednesday ain't going to sit well with investors either. </p><p> The EU Commission, in what it called the 'Fit for 55' package, said aviation must do more to contribute to its goal to cut economy-wide net emissions by 55% by 2030, from 1990 levels.</p><p> Fuel costs are the biggest headache. Bernstein analysts say easyJet faces the biggest threat due to its higher level of free allowances on jet fuel and slower fleet transition. With lower margins, Air France KLM is also badly hit. New fleet and lower allowance, on the other hand, sets up Wizz Air</p><p> favorably. But overall, they are not confident airlines can pass on higher costs to consumers.</p><p> Meanwhile, a call to stop diesel and petrol cars will have a mixed impact on auto stocks. Equita analysts point out a few names. Faurecia's clean mobility division has no products for electric cars, Sogefi's filter division is likely to see OE business fade for ICE cars. Stocks exposed to car electrification like STMicroelectronics and Umicore will benefit. </p><p> Indeed, the companies most favored by the package will be Green Energy majors including EDP Renovaveis , RWE</p><p> , EDP , Enel . </p><p> On July 14, Goldman Sachs said in a research note that it expects a fourfold growth in annual RES (Renewable Energy Sources) and a surge in power grid investments.</p><p> (Sruthi Shankar)</p><p> *****</p><p> THE ECONOMY CHUGS ALONG, BUT IT'S TAKING THE LOCAL, NOT THE EXPRESS (1100 EDT/1500 GMT)</p><p> A maelstrom of data unleashed on Thursday appeared to back up Federal Reserve Chairman Jerome Powell's assertion that while the economy is on a track to recovery, it's nowhere arriving at \"back to normal.\" </p><p> A worker shortage and a steep demand/supply imbalance continue to leave their paw prints on the indicators.</p><p> The number of U.S. workers filing first-time applications for unemployment benefits last week fell by 26,000 to 360,000, hitting a 16-month low and the consensus bull's eye.</p><p> While claims have stayed below the 400,000 mark in recent weeks, they still hover above the 200,000 to 250,000 range associated with healthy labor market churn, suggesting that yanking the federal emergency unemployment supplements early (as at least 20 states led by Republican governors have done) hasn't yet prodded workers back to the labor force en masse. </p><p> About 9.5 million Americans remain unemployed, but there are also nearly that many job openings.</p><p> Still, early cancellation of federal benefits is having some effect on claims.</p><p> \"The early end to emergency benefits by some states is starting to become apparent in the data,\" writes Nancy Vanden Houten, lead U.S. economist at Oxford Economics (OE).</p><p> Ongoing claims, reported on a one-week delay, dipped more than expected, falling to 3.241 million.</p><p> Output by U.S. factories unexpectedly decreased by 0.1% in June, according to the Federal Reserve, marking a reversal from May's 0.9% growth, as tight chip supply weighed on automobile production. </p><p> The data reflects \"a 6.6% plunge in production of autos and parts, which has bounced around wildly in recent months, presumably in response to shortages of semiconductors,\" notes Ian Shepherdson, chief economist at Pantheon Macroeconomics. \"Growth clearly has moderated from (an) initial surge last spring, but autos aren’t the only sector struggling with tight supplies of key inputs.\"</p><p> In total, industrial production increased by 0.4% in June, slower than the 0.6% expected, and weaker than the 0.7% growth in May.</p><p> On the bright side, capacity utilization , a measure of economic slack, edged up 0.2 percentage points to 75.4, a hair below expectations.</p><p> This tension between strong demand and supply bottlenecks also contributed to a mixed picture Atlantic factory activity.</p><p> On the upside, manufacturing activity in New York State went to the races. The New York Fed's Empire State index zooming to a reading of 43, blowing past the 18 analysts expected.</p><p> On the other hand, the Philadelphia Federal Reserve's business index (aka Philly Fed) decelerated, dipping to 21.9, well below the level of 28 projected by economists.</p><p> \"Both the Empire State and Philly Fed surveys suggest that price pressures are peaking,\" adds Shepherdson, \"with delivery times, unfilled orders and the price indexes all slipping a bit in recent months.\"</p><p> An Empire State/Philly Fed reading above zero signifies expansion from the previous month.</p><p> The Labor Department also reported that the cost of imported goods rose by 1% in June, cooling down from May's 1.4% pace, but still facing upward pressure from supply bottlenecks. </p><p> Gasoline, industrial supplies and food prices drove the increase. </p><p> \"While the surge in some commodity prices may be leveling off, the still-strong readings suggest elevated import price inflation will persist through 2021,\" says Mahir Rasheed, U.S. economist at OE. \"Strong domestic demand will keep a tight pull on imports, while stubborn supply disruptions will take time to fully resolve as virus constraints linger.\" </p><p> Year-over-year, while import prices are up a red-hot 11.2%, the latest data marks a slight deceleration from the previous month.</p><p> The graphic below shows how import prices stack up against other major indicators relative to the Federal Reserve's average annual 2% inflation target:</p><p> Chips were not only the ghost in the U.S. factory machine, but they are also haunting Wall Street on Thursday.</p><p> While the three major U.S. stock indexes are mixed in morning-trade, the Philadelphia SE Semiconductor index is sharply underperforming.</p><p> (Stephen Culp)</p><p> *****</p><p> S&P 500 CAUGHT IN A TRAP? (1001 EDT/1401 GMT)</p><p> Major U.S. indexes are modestly red in early trade. That said, FANG stocks are gaining. The NYSE FANG+TM index is up, and once again flirting with its 7,329.08 February record-high close. </p><p> This follows the latest batch of quarterly corporate earnings reports, and data showing the number of Americans filing new claims for unemployment benefits fell last week as expected. </p><p> Although the S&P 500 is now on pace to end a 3-week winning streak, it is also trapped in an especially narrow range this week. In fact, the benchmark index is on track for its tightest weekly range as a percentage of the prior week's close since late December 2019. Thus, traders are on guard for a pick-up in volatility, and a breakout one way or the other. Of note, the VIX is attempting to rise for a second-straight week.</p><p> Meanwhile, Fed Chair Powell will be concluding his testimony in front of Congress today. On Wednesday, he said he was confident recent price hikes were associated with the country's post-pandemic reopening and would fade. </p><p> Here is an early-trade snapshot:</p><p> (Terence Gabriel)</p><p> *****</p><p> RECENT CHIP STOCK LAG MAY SOON SPLINTER NASDAQ (0910 EDT/1310 GMT)</p><p> The Philadelphia SE Semiconductor index has been a 2021 leader. In fact, this index is up nearly 18% year-to-date vs a rise of about 14% for the Nasdaq Composite .</p><p> However, after hitting its highest level in more than 15 years in early April , the SOX/IXIC ratio has struggled:</p><p> Generally, traders want to see this key sub-sector within tech outperforming to add confidence in the sustainability of the Nasdaq's rise. However, with chips now lagging, it may be a warning sign that the Composite's recent relatively smooth advance to fresh record highs, may soon splinter. </p><p> Just looking back to early 2018, multi-week/multi-month periods of SOX/IXIC ratio divergence preceded a number of significant periods of instability in the Composite.</p><p> Most recently, as the IXIC was making new highs in late April, the SOX/IXIC ratio failed to confirm the move. The Composite then declined more than 8% into its mid-May trough.</p><p> Since bottoming in mid-May, the Nasdaq has enjoyed a near-14% advance to new highs. However, the SOX is once again underperforming. In fact, the index is down in July, and on track for its biggest monthly percentage fall since March 2020.</p><p> (Terence Gabriel)</p><p> *****</p><p> FOR THURSDAY'S LIVE MARKETS' POSTS PRIOR TO 0905 EDT/1305 GMT - CLICK HERE: </p><p> <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SOX07152021 earlytrade07152021 Jobless claims Industrial output Empire State and Philly Fed Inflation STOXX Closing snapshot </p><p> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^></p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQQQ":"纳指三倍做空ETF","QLD":"纳指两倍做多ETF","MS":"摩根士丹利","PSQ":"纳指反向ETF","GOOGL":"谷歌A","SDOW":"道指三倍做空ETF-ProShares","DDM":"道指两倍做多ETF","MSFT":"微软","AAPL":"苹果","09086":"华夏纳指-U","DXD":"道指两倍做空ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","QQQ":"纳指100ETF",".SPX":"S&P 500 Index","UNH":"联合健康","03086":"华夏纳指","QNETCN":"纳斯达克中美互联网老虎指数","NVDA":"英伟达","TQQQ":"纳指三倍做多ETF","UDOW":"道指三倍做多ETF-ProShares","QID":"纳指两倍做空ETF","DOG":"道指反向ETF","DJX":"1/100道琼斯","AMZN":"亚马逊"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151416573","content_text":"* S&P, Nasdaq close lower; Dow posts nominal advance * Energy weakest major S&P sector; utilities lead gainers * Dollar, gold up; crude, bitcoin slip * U.S. 10-Year Treasury yield ~1.30% July 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com WALL STREET LOSES STEAM, BURDENED BY TECH (1615 EDT/2015 GMT) Wall Street lost altitude on Wednesday as investors digested a mixed bag of data and Fed Chairman Jerome Powell sang another verse of his \"inflation is transitory\" song in his second straight day of congressional testimony. The S&P and the Nasdaq ended the session in negative territory, weighed down by market-leading tech- and tech-adjacent stocks such as Nvidia Corp , Amazon.com , Microsoft Corp , Apple Inc , Facebook Inc and Alphabet Inc . The Dow squeaked by, closing barely green. Utilities advanced 1.2%, leading the gainers by a substantial margin, benefiting from falling Treasury yields and the prospect of another brutal heatwave striking the western United States. A spate of data showed jobless claims hitting a 16-month low amid an ongoing worker shortage and factory output hamstrung by the continuing demand/supply imbalance. Powell faced the Senate Banking Committee, where he reiterated the central bank's vows to support the economic revival and repeated his assurances that the current inflation wave is temporary. The Fed Chair's dovish refrain helped push Treasury yields to one-week lows. Second-quarter earnings season approaches the end of its first week, with Morgan Stanley and UnitedHealth Group among companies having their turn at bat on Thursday. Morgan Stanley surprised profit expectations to the upside, but a slowdown in trading left investors unimpressed. The stock eked out a 0.2% gain on the day. UnitedHealth advanced 1.3%, providing the biggest boost to the Dow in the wake of its beat-and-raise report in which it noted a post-pandemic upswing in non-urgent care. Here's your closing snapshot: (Stephen Culp) ***** BITCOIN AT $30,000 IS SOLID SUPPORT, BUT $25,000 BET IN OPTIONS EMERGE (1427 EDT/1627 GMT) Pankaj Balani, chief executive officer at derivatives trading platform Delta Exchange said $30,000 remains a strong support for bitcoin in the options market, given that it's the most sold strike for July and August on the downside. That said, Balani pointed out that below $30,000, strikes at $25,000 have emerged though with lower open interest. \"Bitcoin has been in a consolidation phase and is trying to settle in the $30,000-$40,000 range,\" Balani said. \"Overall, the risk of downside below $30,000 on bitcoin is much higher now than what it was in the month of May and June.\" Implied volatility, meanwhile, is being crushed as the market continues to trade in a tight range. Balani said if the market continues to languish, option sellers will become aggressive and continue selling the upside much more than the downside. That has been happening already, he added. He noted that implied vols are down for both the July and August expiries. Bitcoin was last down around 4.4% at $31,396 . (Gertrude Chavez-Dreyfuss) ***** \"NEGLECTED\" LATAM EQUITIES' TIME TO SHINE? (1415 EDT/1815 GMT) It has been a rough decade for Latin American equity markets, as economic woes and political unrest have unsettled investors in the region. However, the Developing Markets team at Invesco thinks it may be time for a rebound. Indeed, MSCI's Latin America stocks index has declined nearly 40% in the last 10 years, compared with a 18% rise in the emerging market benchmark . Invesco notes LatAm stocks now make up less than 8% of the weight of the MSCI Emerging Markets Index - less than the combined weightage of Tencent and Alibaba. \"In our view, this neglect creates conditions — though not certainties — for opportunity,\" Invesco's Justin Leverenz wrote in a July 14 note. Rising commodity prices and a strong outlook for the mining sector, especially given rising demand for \"green metals\" like copper and cobalt, should boost Latin American stocks and currencies, potentially aided by a weaker dollar. With this in mind, Invesco has exposure to Brazilian miner Vale and Mexico's largest copper producer Grupo Mexico < GMEXICOB.MX.> Technology is another driver of Invesco's thesis, based on the rise of fintech, e-commerce and other tech services in countries like Brazil. The tech industry will provide job growth and investment opportunity in the region, according to Leverenz. \"Five of the new entrants in Latin America’s top market capitalization giants in the past decade have come from e-commerce and fintech, there are likely more to come as cozy oligopolies in banking and retail get shaken up around the region,\" he writes. Finally, when assessing the political landscape, Invesco thinks reasonably stable central banks and political divisions should prevent a drift into \"no-go zones of macroeconomic stability,\" while voters are unlikely to completely reject capitalism-friendly policies. So far in 2021, MSCI's Latin America index is up 6%. (Lisa Mattackal) ***** MEANWHILE, IN WASHINGTON... (1255 EDT/1655 GMT) Earnings season is well afoot, economic data is providing a flood of information regarding the state of the U.S. economic recovery, and investors are keeping a wary eye on the growing threat of the Delta COVID-19 variant. But goings-on in the U.S. Capitol building remain on market participants' radar. U.S. Federal Reserve Chairman Jerome Powell is spending his second day testifying before Congress, and the Senate Banking Committee has the latest honor. While Powell largely stuck to his \"inflation is transitory\" script, he faced grilling from both sides of the aisle. Pennsylvania Republican Pat Toomey called the central bank's ongoing purchases of mortgage-backed securities \"puzzling\" in view of skyrocketing home prices, while committee chair Sherrod Brown, Democrat from Ohio, challenged Powell over weakening bank regulations, saying \"the Fed has rolled back important safeguards making it easier for the banks to pump up the price of their stock.\" U.S. Treasury yields fell as Powell held his dovish ground. Partisan wrangling over an infrastructure bill rolled on, with U.S. Senate Majority leader Chuck Schumer setting up the first floor debate on a $1.2 trillion package, while also urging fellow Democrats to move on a larger $3.5 trillion budget package, which includes spending on climate measures and beefs up social spending. For his part, Senate Minority leader Mitch McConnell said in a Fox News interview on Thursday that every Republican senator would vote against the larger measure. Industrials and materials , which stand to gain from increased infrastructure expenditures, were both green at last glance. (Stephen Culp) ***** EUROPE CLOSES IN FAMILIAR TERRITORY (1145 EDT/1545 GMT) There are quite a lot of factors which can help explain today's 1% retreat for European stocks and the spread of the Delta variant is a big one, coupled with the ongoing bond rally and 'peak growth' fears. The big bulk of the market price action took place within the energy sector with the index losing close to 3% and briefly hitting lows not seen since February. Rising U.S. fuel stocks are raising concerns over the demand in the world's largest economy as you can read here: Then again, at about 455 points, the pan-European STOXX 600 is in very familiar territory. \"It's been another negative day for European markets, as they continue to trade in the range they’ve broadly been in for the past few months\", commented Michael Hewson at CMC Markets UK. As you can see below, the STOXX 600 has spent most of the last 30 sessions hovering between 450 and 461 points. (Julien Ponthus) ***** 'FIT FOR 55' PACKAGE: UNFIT FOR AIRLINES, BOOST FOR GREEN ENERGY MAJORS (1118 EDT/1518 GMT) Just when you thought airlines stocks were recovering from the massive declines last year, the spread of the Delta variant across Europe is threatening to stall the recovery. It doesn't stop there. European Union's mega climate plan unveiled on Wednesday ain't going to sit well with investors either. The EU Commission, in what it called the 'Fit for 55' package, said aviation must do more to contribute to its goal to cut economy-wide net emissions by 55% by 2030, from 1990 levels. Fuel costs are the biggest headache. Bernstein analysts say easyJet faces the biggest threat due to its higher level of free allowances on jet fuel and slower fleet transition. With lower margins, Air France KLM is also badly hit. New fleet and lower allowance, on the other hand, sets up Wizz Air favorably. But overall, they are not confident airlines can pass on higher costs to consumers. Meanwhile, a call to stop diesel and petrol cars will have a mixed impact on auto stocks. Equita analysts point out a few names. Faurecia's clean mobility division has no products for electric cars, Sogefi's filter division is likely to see OE business fade for ICE cars. Stocks exposed to car electrification like STMicroelectronics and Umicore will benefit. Indeed, the companies most favored by the package will be Green Energy majors including EDP Renovaveis , RWE , EDP , Enel . On July 14, Goldman Sachs said in a research note that it expects a fourfold growth in annual RES (Renewable Energy Sources) and a surge in power grid investments. (Sruthi Shankar) ***** THE ECONOMY CHUGS ALONG, BUT IT'S TAKING THE LOCAL, NOT THE EXPRESS (1100 EDT/1500 GMT) A maelstrom of data unleashed on Thursday appeared to back up Federal Reserve Chairman Jerome Powell's assertion that while the economy is on a track to recovery, it's nowhere arriving at \"back to normal.\" A worker shortage and a steep demand/supply imbalance continue to leave their paw prints on the indicators. The number of U.S. workers filing first-time applications for unemployment benefits last week fell by 26,000 to 360,000, hitting a 16-month low and the consensus bull's eye. While claims have stayed below the 400,000 mark in recent weeks, they still hover above the 200,000 to 250,000 range associated with healthy labor market churn, suggesting that yanking the federal emergency unemployment supplements early (as at least 20 states led by Republican governors have done) hasn't yet prodded workers back to the labor force en masse. About 9.5 million Americans remain unemployed, but there are also nearly that many job openings. Still, early cancellation of federal benefits is having some effect on claims. \"The early end to emergency benefits by some states is starting to become apparent in the data,\" writes Nancy Vanden Houten, lead U.S. economist at Oxford Economics (OE). Ongoing claims, reported on a one-week delay, dipped more than expected, falling to 3.241 million. Output by U.S. factories unexpectedly decreased by 0.1% in June, according to the Federal Reserve, marking a reversal from May's 0.9% growth, as tight chip supply weighed on automobile production. The data reflects \"a 6.6% plunge in production of autos and parts, which has bounced around wildly in recent months, presumably in response to shortages of semiconductors,\" notes Ian Shepherdson, chief economist at Pantheon Macroeconomics. \"Growth clearly has moderated from (an) initial surge last spring, but autos aren’t the only sector struggling with tight supplies of key inputs.\" In total, industrial production increased by 0.4% in June, slower than the 0.6% expected, and weaker than the 0.7% growth in May. On the bright side, capacity utilization , a measure of economic slack, edged up 0.2 percentage points to 75.4, a hair below expectations. This tension between strong demand and supply bottlenecks also contributed to a mixed picture Atlantic factory activity. On the upside, manufacturing activity in New York State went to the races. The New York Fed's Empire State index zooming to a reading of 43, blowing past the 18 analysts expected. On the other hand, the Philadelphia Federal Reserve's business index (aka Philly Fed) decelerated, dipping to 21.9, well below the level of 28 projected by economists. \"Both the Empire State and Philly Fed surveys suggest that price pressures are peaking,\" adds Shepherdson, \"with delivery times, unfilled orders and the price indexes all slipping a bit in recent months.\" An Empire State/Philly Fed reading above zero signifies expansion from the previous month. The Labor Department also reported that the cost of imported goods rose by 1% in June, cooling down from May's 1.4% pace, but still facing upward pressure from supply bottlenecks. Gasoline, industrial supplies and food prices drove the increase. \"While the surge in some commodity prices may be leveling off, the still-strong readings suggest elevated import price inflation will persist through 2021,\" says Mahir Rasheed, U.S. economist at OE. \"Strong domestic demand will keep a tight pull on imports, while stubborn supply disruptions will take time to fully resolve as virus constraints linger.\" Year-over-year, while import prices are up a red-hot 11.2%, the latest data marks a slight deceleration from the previous month. The graphic below shows how import prices stack up against other major indicators relative to the Federal Reserve's average annual 2% inflation target: Chips were not only the ghost in the U.S. factory machine, but they are also haunting Wall Street on Thursday. While the three major U.S. stock indexes are mixed in morning-trade, the Philadelphia SE Semiconductor index is sharply underperforming. (Stephen Culp) ***** S&P 500 CAUGHT IN A TRAP? (1001 EDT/1401 GMT) Major U.S. indexes are modestly red in early trade. That said, FANG stocks are gaining. The NYSE FANG+TM index is up, and once again flirting with its 7,329.08 February record-high close. This follows the latest batch of quarterly corporate earnings reports, and data showing the number of Americans filing new claims for unemployment benefits fell last week as expected. Although the S&P 500 is now on pace to end a 3-week winning streak, it is also trapped in an especially narrow range this week. In fact, the benchmark index is on track for its tightest weekly range as a percentage of the prior week's close since late December 2019. Thus, traders are on guard for a pick-up in volatility, and a breakout one way or the other. Of note, the VIX is attempting to rise for a second-straight week. Meanwhile, Fed Chair Powell will be concluding his testimony in front of Congress today. On Wednesday, he said he was confident recent price hikes were associated with the country's post-pandemic reopening and would fade. Here is an early-trade snapshot: (Terence Gabriel) ***** RECENT CHIP STOCK LAG MAY SOON SPLINTER NASDAQ (0910 EDT/1310 GMT) The Philadelphia SE Semiconductor index has been a 2021 leader. In fact, this index is up nearly 18% year-to-date vs a rise of about 14% for the Nasdaq Composite . However, after hitting its highest level in more than 15 years in early April , the SOX/IXIC ratio has struggled: Generally, traders want to see this key sub-sector within tech outperforming to add confidence in the sustainability of the Nasdaq's rise. However, with chips now lagging, it may be a warning sign that the Composite's recent relatively smooth advance to fresh record highs, may soon splinter. Just looking back to early 2018, multi-week/multi-month periods of SOX/IXIC ratio divergence preceded a number of significant periods of instability in the Composite. Most recently, as the IXIC was making new highs in late April, the SOX/IXIC ratio failed to confirm the move. The Composite then declined more than 8% into its mid-May trough. Since bottoming in mid-May, the Nasdaq has enjoyed a near-14% advance to new highs. However, the SOX is once again underperforming. In fact, the index is down in July, and on track for its biggest monthly percentage fall since March 2020. (Terence Gabriel) ***** FOR THURSDAY'S LIVE MARKETS' POSTS PRIOR TO 0905 EDT/1305 GMT - CLICK HERE: <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SOX07152021 earlytrade07152021 Jobless claims Industrial output Empire State and Philly Fed Inflation STOXX Closing snapshot ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147256455,"gmtCreate":1626360714977,"gmtModify":1703758722685,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Wow!","listText":"Wow!","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147256455","repostId":"2151522954","repostType":2,"repost":{"id":"2151522954","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626355860,"share":"https://ttm.financial/m/news/2151522954?lang=&edition=fundamental","pubTime":"2021-07-15 21:31","market":"us","language":"en","title":"Netflix stock price target raised to $620 from $600 at UBS","url":"https://stock-news.laohu8.com/highlight/detail?id=2151522954","media":"Dow Jones","summary":"MW Netflix stock price target raised to $620 from $600 at UBS\n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n ","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Netflix stock price target raised to $620 from $600 at UBS\n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 15, 2021 09:31 ET (13:31 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix stock price target raised to $620 from $600 at UBS</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix stock price target raised to $620 from $600 at UBS\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-15 21:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Netflix stock price target raised to $620 from $600 at UBS\n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 15, 2021 09:31 ET (13:31 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","USB":"美国合众银行"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151522954","content_text":"MW Netflix stock price target raised to $620 from $600 at UBS\n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n July 15, 2021 09:31 ET (13:31 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147256076,"gmtCreate":1626360686595,"gmtModify":1703758721710,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Wow!","listText":"Wow!","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147256076","repostId":"2151522954","repostType":2,"repost":{"id":"2151522954","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626355860,"share":"https://ttm.financial/m/news/2151522954?lang=&edition=fundamental","pubTime":"2021-07-15 21:31","market":"us","language":"en","title":"Netflix stock price target raised to $620 from $600 at UBS","url":"https://stock-news.laohu8.com/highlight/detail?id=2151522954","media":"Dow Jones","summary":"MW Netflix stock price target raised to $620 from $600 at UBS\n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n ","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Netflix stock price target raised to $620 from $600 at UBS\n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 15, 2021 09:31 ET (13:31 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix stock price target raised to $620 from $600 at UBS</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix stock price target raised to $620 from $600 at UBS\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-15 21:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Netflix stock price target raised to $620 from $600 at UBS\n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 15, 2021 09:31 ET (13:31 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","USB":"美国合众银行"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151522954","content_text":"MW Netflix stock price target raised to $620 from $600 at UBS\n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n July 15, 2021 09:31 ET (13:31 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147989808,"gmtCreate":1626327148804,"gmtModify":1703757965924,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147989808","repostId":"1158408141","repostType":2,"repost":{"id":"1158408141","pubTimestamp":1626310028,"share":"https://ttm.financial/m/news/1158408141?lang=&edition=fundamental","pubTime":"2021-07-15 08:47","market":"us","language":"en","title":"ARK Funds Are Offloading Their Exposure To China-Based Equities","url":"https://stock-news.laohu8.com/highlight/detail?id=1158408141","media":"zerohedge","summary":"Never one to be the contrarian, Cathie Wood's ARK Invest has \"had enough\" of Chinese stocks after th","content":"<p>Never one to be the contrarian, Cathie Wood's ARK Invest has \"had enough\" of Chinese stocks after the recent Didi debacle. ARK has been unloading its Chinese stocks, with holdings falling to the \"lowest on record\", Bloomberg noted this week.</p>\n<p>The country has a less than 1% weighting in ARK's Innovation ETF, down from 8% in February, the report notes. China's weighting in ARK's fintech ETF remains 18% and has fallen to 5.4% in the firm's Next Generation Internet ETF.</p>\n<p>Much of the drop in ARK's respective weightings comes from Wood offloading shares of Tencent and JD.com, as well as valuations of other names collapsing.</p>\n<p>“From a valuation point of view, these stocks have come down and again from a valuation point of view, probably will remain down,” Wood said this week.<i>We can't help but ask: all of a sudden valuation now matters to Wood? That's odd.</i></p>\n<p>“I do think there’s a valuation reset,” she continued.</p>\n<p>But the firm hasn't changed its 5 year outlook or price targets on Chinese names it still owns. Ark’s Asia innovation analyst Yulong Cui said this week: “This is largely because the regulatory changes have not, for the most part, impacted the businesses from a fundamental point of view with regards to cyber security clients or U.S. listing reviews.”</p>\n<p>Sebastien Galy, a senior macro strategist at Nordea Investment Funds, told Bloomberg that Chinese equities are “very momentum oriented being loaded on Tech and it likely made sense to reduce the footprint faced with regulatory pressure to encourage more competition in China.” He emphasized that \"regulatory scrutiny is here to stay for the next few years\".</p>\n<p>Matthew Kanterman, an analyst at Bloomberg Intelligence, concluded that “the regulatory overhang and crackdown on the use of consumer data could still represent a structural headwind to the growth of these companies.”</p>\n<p>The move comes after $1 trillion of market value in China-based equities has already disappeared amidst a crackdown from Beijing. Additionally, the Hang Sang Tech index is down 9% for the year.</p>\n<p><i>Maybe it's time to dive back into Chinese equities after all...</i></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>ARK Funds Are Offloading Their Exposure To China-Based Equities</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\">\nARK Funds Are Offloading Their Exposure To China-Based Equities\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 08:47 GMT+8 <a href=https://www.zerohedge.com/markets/ark-funds-are-offloading-their-exposure-china-based-equities><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Never one to be the contrarian, Cathie Wood's ARK Invest has \"had enough\" of Chinese stocks after the recent Didi debacle. ARK has been unloading its Chinese stocks, with holdings falling to the \"...</p>\n\n<a href=\"https://www.zerohedge.com/markets/ark-funds-are-offloading-their-exposure-china-based-equities\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKF":"ARK Fintech Innovation ETF","ARKK":"ARK Innovation ETF"},"source_url":"https://www.zerohedge.com/markets/ark-funds-are-offloading-their-exposure-china-based-equities","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158408141","content_text":"Never one to be the contrarian, Cathie Wood's ARK Invest has \"had enough\" of Chinese stocks after the recent Didi debacle. ARK has been unloading its Chinese stocks, with holdings falling to the \"lowest on record\", Bloomberg noted this week.\nThe country has a less than 1% weighting in ARK's Innovation ETF, down from 8% in February, the report notes. China's weighting in ARK's fintech ETF remains 18% and has fallen to 5.4% in the firm's Next Generation Internet ETF.\nMuch of the drop in ARK's respective weightings comes from Wood offloading shares of Tencent and JD.com, as well as valuations of other names collapsing.\n“From a valuation point of view, these stocks have come down and again from a valuation point of view, probably will remain down,” Wood said this week.We can't help but ask: all of a sudden valuation now matters to Wood? That's odd.\n“I do think there’s a valuation reset,” she continued.\nBut the firm hasn't changed its 5 year outlook or price targets on Chinese names it still owns. Ark’s Asia innovation analyst Yulong Cui said this week: “This is largely because the regulatory changes have not, for the most part, impacted the businesses from a fundamental point of view with regards to cyber security clients or U.S. listing reviews.”\nSebastien Galy, a senior macro strategist at Nordea Investment Funds, told Bloomberg that Chinese equities are “very momentum oriented being loaded on Tech and it likely made sense to reduce the footprint faced with regulatory pressure to encourage more competition in China.” He emphasized that \"regulatory scrutiny is here to stay for the next few years\".\nMatthew Kanterman, an analyst at Bloomberg Intelligence, concluded that “the regulatory overhang and crackdown on the use of consumer data could still represent a structural headwind to the growth of these companies.”\nThe move comes after $1 trillion of market value in China-based equities has already disappeared amidst a crackdown from Beijing. Additionally, the Hang Sang Tech index is down 9% for the year.\nMaybe it's time to dive back into Chinese equities after all...","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147915928,"gmtCreate":1626326908464,"gmtModify":1703757958560,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Hope it goes up","listText":"Hope it goes up","text":"Hope it goes up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147915928","repostId":"1150057304","repostType":2,"repost":{"id":"1150057304","pubTimestamp":1626308096,"share":"https://ttm.financial/m/news/1150057304?lang=&edition=fundamental","pubTime":"2021-07-15 08:14","market":"us","language":"en","title":"Why NIO Stock Is Down Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1150057304","media":"Motley Fool","summary":"Investors are still skittish after last week's actions against DiDi Global.Shares of Chinese electric-vehicle maker NIO were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action againstDiDi Globaland other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.As of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.Is tha","content":"<blockquote>\n Investors are still skittish after last week's actions against DiDi Global.\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/b315487554190ffd86889bd9c5a0b49a\" tg-width=\"663\" tg-height=\"440\"></p>\n<p><b>What happened</b></p>\n<p>Shares of Chinese electric-vehicle maker <b>NIO</b>(NYSE:NIO) were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action against<b>DiDi Global</b>(NYSE:DIDI)and other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.</p>\n<p>As of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.</p>\n<p><b>So what</b></p>\n<p>China's government said last week that it has launchedcybersecurity reviewson DiDi and other app-centered Chinese companies that have listed on U.S. stock exchanges this year, including<b>Kanzhun</b> and<b>Full Truck Alliance</b>. Regulators appear to be concerned that the audits and oversight required of U.S.-listed companies could somehow compromise the security of Chinese consumers' personal information.</p>\n<p>But it's not clear that those concerns should (or will) extend to NIO. While the company does provide an app for its customers, it's mostly a carmaker -- and its shares have beenlisted on the New York Stock Exchange since 2018.</p>\n<p>Is that why NIO's shares are down Wednesday? It seems likely: NIO itself had no news (positive, negative, or otherwise) to share on Wednesday, and only minor news (a new director was appointed) earlier in the week.</p>\n<p><b>Now what</b></p>\n<p>If there is a concern raised by the DiDi situation, it's that future Chinese government actions could limit NIO's ability to raise cash from U.S. investors. That wouldn't be ideal, but the company has other avenues to raise cash, including a (likely) future listing on Hong Kong's exchange.</p>\n<p>In the meantime, NIO has plenty of cash on hand, a strong order book, and two new models coming next year. For now at least, I don't think the action against DiDi is enough of a reason forauto investorsto sell NIO.</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>Why NIO Stock Is Down Wednesday</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\">\nWhy NIO Stock Is Down Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 08:14 GMT+8 <a href=https://www.fool.com/investing/2021/07/14/why-nio-stock-is-down-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are still skittish after last week's actions against DiDi Global.\n\n\nWhat happened\nShares of Chinese electric-vehicle maker NIO(NYSE:NIO) were trading lower on Wednesday. Although investors' ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/14/why-nio-stock-is-down-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.fool.com/investing/2021/07/14/why-nio-stock-is-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150057304","content_text":"Investors are still skittish after last week's actions against DiDi Global.\n\n\nWhat happened\nShares of Chinese electric-vehicle maker NIO(NYSE:NIO) were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action againstDiDi Global(NYSE:DIDI)and other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.\nAs of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.\nSo what\nChina's government said last week that it has launchedcybersecurity reviewson DiDi and other app-centered Chinese companies that have listed on U.S. stock exchanges this year, includingKanzhun andFull Truck Alliance. Regulators appear to be concerned that the audits and oversight required of U.S.-listed companies could somehow compromise the security of Chinese consumers' personal information.\nBut it's not clear that those concerns should (or will) extend to NIO. While the company does provide an app for its customers, it's mostly a carmaker -- and its shares have beenlisted on the New York Stock Exchange since 2018.\nIs that why NIO's shares are down Wednesday? It seems likely: NIO itself had no news (positive, negative, or otherwise) to share on Wednesday, and only minor news (a new director was appointed) earlier in the week.\nNow what\nIf there is a concern raised by the DiDi situation, it's that future Chinese government actions could limit NIO's ability to raise cash from U.S. investors. That wouldn't be ideal, but the company has other avenues to raise cash, including a (likely) future listing on Hong Kong's exchange.\nIn the meantime, NIO has plenty of cash on hand, a strong order book, and two new models coming next year. For now at least, I don't think the action against DiDi is enough of a reason forauto investorsto sell NIO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147916304,"gmtCreate":1626326812008,"gmtModify":1703757955942,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147916304","repostId":"1158174802","repostType":2,"repost":{"id":"1158174802","pubTimestamp":1626307894,"share":"https://ttm.financial/m/news/1158174802?lang=&edition=fundamental","pubTime":"2021-07-15 08:11","market":"us","language":"en","title":"Here's Why Apple Stock Jumped to a New All-Time High Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1158174802","media":"Motley Fool","summary":"Shareholders could be in store for even more gains.Shares of $Apple$ climbed to a record high on Wednesday, following bullish analyst commentary and reports of substantially higher iPhone production rates. As of 2 p.m. EDT, the stock's price was up more than 2%, which placed Apple's market capitalization at a staggering $2.5 trillion.Apple is expected to debut its latest-generation iPhones in September. Upgraded processors, displays, and cameras should all help to add to the device's allure amon","content":"<blockquote>\n Shareholders could be in store for even more gains.\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/1ccdffb5c79b7b06da6ba63aa32eabb0\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n<p><b>What happened</b></p>\n<p>Shares of <b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b> climbed to a record high on Wednesday, following bullish analyst commentary and reports of substantially higher iPhone production rates. As of 2 p.m. EDT, the stock's price was up more than 2%, which placed Apple's market capitalization at a staggering $2.5 trillion.</p>\n<p><b>So what</b></p>\n<p>Thetechtitan is striving to manufacture as many as 90 million of its newest iPhones this year, according to Bloomberg. Apple is reportedly preparing to boost shipments by 20% compared to 2020's levels.</p>\n<p>Apple is expected to debut its latest-generation iPhones in September. Upgraded processors, displays, and cameras should all help to add to the device's allure among consumers.</p>\n<p>Meanwhile, analyst Samik Chatterjee added Apple to J.P. Morgan's \"focus list\" on Wednesday. Chatterjee sees Apple's shares reaching $175, fueled by higher iPhone and Mac sales. If he's correct, shareholders could enjoy gains of roughly 17% from the stock's current price near $149.</p>\n<p><b>Now what</b></p>\n<p>Apple is in the midst of a 5G-fueled iPhone supercycle. The fifth-generation wireless technology promises to provide users with blazingly fast download speeds and enable a host of advanced technologies.</p>\n<p>Surging iPhone sales are also boosting demand for Apple's steadily expanding array of services. These high-margin revenue streams, in turn, are helping to fuel the company's stunning earnings growth. <a href=\"https://laohu8.com/S/ISBC\">Investors</a> -- excited about the prospect of even greater profits ahead -- are bidding up the tech giant's shares to new all-time highs Wednesday.</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>Here's Why Apple Stock Jumped to a New All-Time High Wednesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why Apple Stock Jumped to a New All-Time High Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 08:11 GMT+8 <a href=https://www.fool.com/investing/2021/07/14/heres-why-apple-stock-jumped-to-a-new-all-time-hig/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shareholders could be in store for even more gains.\n\n\nWhat happened\nShares of Apple climbed to a record high on Wednesday, following bullish analyst commentary and reports of substantially higher ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/14/heres-why-apple-stock-jumped-to-a-new-all-time-hig/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","03086":"华夏纳指","NGD":"New Gold","09086":"华夏纳指-U"},"source_url":"https://www.fool.com/investing/2021/07/14/heres-why-apple-stock-jumped-to-a-new-all-time-hig/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158174802","content_text":"Shareholders could be in store for even more gains.\n\n\nWhat happened\nShares of Apple climbed to a record high on Wednesday, following bullish analyst commentary and reports of substantially higher iPhone production rates. As of 2 p.m. EDT, the stock's price was up more than 2%, which placed Apple's market capitalization at a staggering $2.5 trillion.\nSo what\nThetechtitan is striving to manufacture as many as 90 million of its newest iPhones this year, according to Bloomberg. Apple is reportedly preparing to boost shipments by 20% compared to 2020's levels.\nApple is expected to debut its latest-generation iPhones in September. Upgraded processors, displays, and cameras should all help to add to the device's allure among consumers.\nMeanwhile, analyst Samik Chatterjee added Apple to J.P. Morgan's \"focus list\" on Wednesday. Chatterjee sees Apple's shares reaching $175, fueled by higher iPhone and Mac sales. If he's correct, shareholders could enjoy gains of roughly 17% from the stock's current price near $149.\nNow what\nApple is in the midst of a 5G-fueled iPhone supercycle. The fifth-generation wireless technology promises to provide users with blazingly fast download speeds and enable a host of advanced technologies.\nSurging iPhone sales are also boosting demand for Apple's steadily expanding array of services. These high-margin revenue streams, in turn, are helping to fuel the company's stunning earnings growth. Investors -- excited about the prospect of even greater profits ahead -- are bidding up the tech giant's shares to new all-time highs Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141057799,"gmtCreate":1625827569811,"gmtModify":1703749360916,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Nice! Way to go!","listText":"Nice! Way to go!","text":"Nice! Way to go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141057799","repostId":"1105602964","repostType":4,"repost":{"id":"1105602964","pubTimestamp":1625818948,"share":"https://ttm.financial/m/news/1105602964?lang=&edition=fundamental","pubTime":"2021-07-09 16:22","market":"us","language":"en","title":"Nio Plans to Add 3,700 Battery Stations by 2025 in World's Largest Auto Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1105602964","media":"Bloomberg","summary":"Nio Inc.plans to add at least 3,700 battery-swap stations by the end of 2025 as it seeks to further ","content":"<p>Nio Inc.plans to add at least 3,700 battery-swap stations by the end of 2025 as it seeks to further the adoption of electric cars in the world’s largest auto market.</p>\n<p>The Chinese electric-vehicle manufacturer has so far built around 300 battery-swap stations -- places where drivers can go to quickly get their car battery swapped out for a fresh one rather than waiting for it to re-charge. Having now sold around 120,000 EVs, Nio will make offering more charging stations a priority, President and co-founder Qin Lihong told a media briefing in Shanghai on Friday to mark Nio’s inaugural Power Day.</p>\n<p>Range anxiety has been a major hurdle in EV uptake, particularly in a country like China where distances can be vast. RivalTesla Inc.has built more than 850 so-called supercharging, or fast charging, stations and 6,500 charging piles in China.</p>\n<p>Nio is also working on building more charging stations and mobile battery charging vehicles, said Shen Fei, Nio’s vice president of power management. In 2018, the company established a team of people who work as charging personnel, fetching and returning customers’ cars as needed.</p>\n<p>Nio delivered 8,083 EVs last month and 21,896 cars for the three months ended June 30, a 112% increase year-on-year. The Shanghai-based group is also entering the European market with a presence in Norway and shipped its first batch of battery-swap stations there this week. Around 1,000 of the some 4,000 planned battery-swap stations by 2025 will be installed outside of China, Qin said.</p>\n<p>The automaker’s current models all have the option of coming with a “battery-as-a-service” plan, whereby customers buy the car but lease the battery. In this way, buyers can keep up-to-date with battery technology as it improves.</p>\n<p>But even that cost-saving measure is coming under pressure. Tesla on Thursdaydebuted a significantly cheaperversion of its locally built Model Y sports utility vehicle that starts at just 276,000 yuan ($42,600) after government subsidies. By way of comparison, Nio’s ES6 SUV, which competes head-to-head with the Model Y, starts from 358,000 yuan.</p>\n<p>Sales of new-energy vehicles in China, which include plug-in hybrids, increased 170% year-on-year in June, data from China’s Passenger Car Association show. For the first half, NEV wholesale deliveries totaled 1.09 million while retail sales were around 1 million, a rate that prompted PCA Secretary General Cui Dongshu to describe the body’s NEV full-year sales target of 2.4 million “conservative.”</p>\n<p>Nio’s U.S.-listed sharesfell 1% in trading Thursday, bringing declines for the year to 6.4%. They surged more than 1,000% in 2020. Nio is alsoconsidering a listingon Hong Kong’s stock market, where competitor Xpeng Inc. debuted earlier this week.</p>","source":"lsy1584095487587","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>Nio Plans to Add 3,700 Battery Stations by 2025 in World's Largest Auto Market</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\">\nNio Plans to Add 3,700 Battery Stations by 2025 in World's Largest Auto Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 16:22 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-07-09/nio-outlines-battery-swap-station-push-at-first-ever-power-day><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio Inc.plans to add at least 3,700 battery-swap stations by the end of 2025 as it seeks to further the adoption of electric cars in the world’s largest auto market.\nThe Chinese electric-vehicle ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-09/nio-outlines-battery-swap-station-push-at-first-ever-power-day\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-09/nio-outlines-battery-swap-station-push-at-first-ever-power-day","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105602964","content_text":"Nio Inc.plans to add at least 3,700 battery-swap stations by the end of 2025 as it seeks to further the adoption of electric cars in the world’s largest auto market.\nThe Chinese electric-vehicle manufacturer has so far built around 300 battery-swap stations -- places where drivers can go to quickly get their car battery swapped out for a fresh one rather than waiting for it to re-charge. Having now sold around 120,000 EVs, Nio will make offering more charging stations a priority, President and co-founder Qin Lihong told a media briefing in Shanghai on Friday to mark Nio’s inaugural Power Day.\nRange anxiety has been a major hurdle in EV uptake, particularly in a country like China where distances can be vast. RivalTesla Inc.has built more than 850 so-called supercharging, or fast charging, stations and 6,500 charging piles in China.\nNio is also working on building more charging stations and mobile battery charging vehicles, said Shen Fei, Nio’s vice president of power management. In 2018, the company established a team of people who work as charging personnel, fetching and returning customers’ cars as needed.\nNio delivered 8,083 EVs last month and 21,896 cars for the three months ended June 30, a 112% increase year-on-year. The Shanghai-based group is also entering the European market with a presence in Norway and shipped its first batch of battery-swap stations there this week. Around 1,000 of the some 4,000 planned battery-swap stations by 2025 will be installed outside of China, Qin said.\nThe automaker’s current models all have the option of coming with a “battery-as-a-service” plan, whereby customers buy the car but lease the battery. In this way, buyers can keep up-to-date with battery technology as it improves.\nBut even that cost-saving measure is coming under pressure. Tesla on Thursdaydebuted a significantly cheaperversion of its locally built Model Y sports utility vehicle that starts at just 276,000 yuan ($42,600) after government subsidies. By way of comparison, Nio’s ES6 SUV, which competes head-to-head with the Model Y, starts from 358,000 yuan.\nSales of new-energy vehicles in China, which include plug-in hybrids, increased 170% year-on-year in June, data from China’s Passenger Car Association show. For the first half, NEV wholesale deliveries totaled 1.09 million while retail sales were around 1 million, a rate that prompted PCA Secretary General Cui Dongshu to describe the body’s NEV full-year sales target of 2.4 million “conservative.”\nNio’s U.S.-listed sharesfell 1% in trading Thursday, bringing declines for the year to 6.4%. They surged more than 1,000% in 2020. Nio is alsoconsidering a listingon Hong Kong’s stock market, where competitor Xpeng Inc. debuted earlier this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":147915928,"gmtCreate":1626326908464,"gmtModify":1703757958560,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Hope it goes up","listText":"Hope it goes up","text":"Hope it goes up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147915928","repostId":"1150057304","repostType":2,"repost":{"id":"1150057304","pubTimestamp":1626308096,"share":"https://ttm.financial/m/news/1150057304?lang=&edition=fundamental","pubTime":"2021-07-15 08:14","market":"us","language":"en","title":"Why NIO Stock Is Down Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1150057304","media":"Motley Fool","summary":"Investors are still skittish after last week's actions against DiDi Global.Shares of Chinese electric-vehicle maker NIO were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action againstDiDi Globaland other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.As of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.Is tha","content":"<blockquote>\n Investors are still skittish after last week's actions against DiDi Global.\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/b315487554190ffd86889bd9c5a0b49a\" tg-width=\"663\" tg-height=\"440\"></p>\n<p><b>What happened</b></p>\n<p>Shares of Chinese electric-vehicle maker <b>NIO</b>(NYSE:NIO) were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action against<b>DiDi Global</b>(NYSE:DIDI)and other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.</p>\n<p>As of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.</p>\n<p><b>So what</b></p>\n<p>China's government said last week that it has launchedcybersecurity reviewson DiDi and other app-centered Chinese companies that have listed on U.S. stock exchanges this year, including<b>Kanzhun</b> and<b>Full Truck Alliance</b>. Regulators appear to be concerned that the audits and oversight required of U.S.-listed companies could somehow compromise the security of Chinese consumers' personal information.</p>\n<p>But it's not clear that those concerns should (or will) extend to NIO. While the company does provide an app for its customers, it's mostly a carmaker -- and its shares have beenlisted on the New York Stock Exchange since 2018.</p>\n<p>Is that why NIO's shares are down Wednesday? It seems likely: NIO itself had no news (positive, negative, or otherwise) to share on Wednesday, and only minor news (a new director was appointed) earlier in the week.</p>\n<p><b>Now what</b></p>\n<p>If there is a concern raised by the DiDi situation, it's that future Chinese government actions could limit NIO's ability to raise cash from U.S. investors. That wouldn't be ideal, but the company has other avenues to raise cash, including a (likely) future listing on Hong Kong's exchange.</p>\n<p>In the meantime, NIO has plenty of cash on hand, a strong order book, and two new models coming next year. For now at least, I don't think the action against DiDi is enough of a reason forauto investorsto sell NIO.</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>Why NIO Stock Is Down Wednesday</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\">\nWhy NIO Stock Is Down Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 08:14 GMT+8 <a href=https://www.fool.com/investing/2021/07/14/why-nio-stock-is-down-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are still skittish after last week's actions against DiDi Global.\n\n\nWhat happened\nShares of Chinese electric-vehicle maker NIO(NYSE:NIO) were trading lower on Wednesday. Although investors' ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/14/why-nio-stock-is-down-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.fool.com/investing/2021/07/14/why-nio-stock-is-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150057304","content_text":"Investors are still skittish after last week's actions against DiDi Global.\n\n\nWhat happened\nShares of Chinese electric-vehicle maker NIO(NYSE:NIO) were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action againstDiDi Global(NYSE:DIDI)and other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.\nAs of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.\nSo what\nChina's government said last week that it has launchedcybersecurity reviewson DiDi and other app-centered Chinese companies that have listed on U.S. stock exchanges this year, includingKanzhun andFull Truck Alliance. Regulators appear to be concerned that the audits and oversight required of U.S.-listed companies could somehow compromise the security of Chinese consumers' personal information.\nBut it's not clear that those concerns should (or will) extend to NIO. While the company does provide an app for its customers, it's mostly a carmaker -- and its shares have beenlisted on the New York Stock Exchange since 2018.\nIs that why NIO's shares are down Wednesday? It seems likely: NIO itself had no news (positive, negative, or otherwise) to share on Wednesday, and only minor news (a new director was appointed) earlier in the week.\nNow what\nIf there is a concern raised by the DiDi situation, it's that future Chinese government actions could limit NIO's ability to raise cash from U.S. investors. That wouldn't be ideal, but the company has other avenues to raise cash, including a (likely) future listing on Hong Kong's exchange.\nIn the meantime, NIO has plenty of cash on hand, a strong order book, and two new models coming next year. For now at least, I don't think the action against DiDi is enough of a reason forauto investorsto sell NIO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804376519,"gmtCreate":1627942379531,"gmtModify":1703498099988,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Interesting news","listText":"Interesting news","text":"Interesting news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804376519","repostId":"2156119748","repostType":2,"repost":{"id":"2156119748","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1627924364,"share":"https://ttm.financial/m/news/2156119748?lang=&edition=fundamental","pubTime":"2021-08-03 01:12","market":"us","language":"en","title":"Google to launch own processor for upcoming Pixel phones","url":"https://stock-news.laohu8.com/highlight/detail?id=2156119748","media":"Reuters","summary":"Aug 2 (Reuters) - Alphabet Inc's Google will use processors designed in-house for its new Pixel p","content":"<html><body><p>Aug 2 (Reuters) - Alphabet Inc's Google will use processors designed in-house for its new Pixel phones launching later this fall, in a shift away from Qualcomm Inc's technology that has powered the tech giant's Android devices for more than 15 years.</p><p> The processor, called Tensor, will power the Pixel 6 and Pixel 6 Pro phones, Google said in a blog post, with the company set to disclose more details closer to the release. ()</p><p> Shares of Qualcomm, the world's largest maker of wireless chips for smartphones, were down marginally in afternoon trading.</p><p> \"We will continue to work closely with Google on existing and future products based on Snapdragon platforms,\" a Qualcomm spokesperson said in a statement.</p><p> Last year, Apple Inc started using its own central processor designed for Macs, in a step away from chipmaker Intel Corp . ()</p><p> (Reporting by Chavi Mehta and Akanksha Rana in Bengaluru; Editing by Devika Syamnath)</p><p>((Chavi.Mehta@thomsonreuters.com;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google to launch own processor for upcoming Pixel phones</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoogle to launch own processor for upcoming Pixel phones\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-03 01:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Aug 2 (Reuters) - Alphabet Inc's Google will use processors designed in-house for its new Pixel phones launching later this fall, in a shift away from Qualcomm Inc's technology that has powered the tech giant's Android devices for more than 15 years.</p><p> The processor, called Tensor, will power the Pixel 6 and Pixel 6 Pro phones, Google said in a blog post, with the company set to disclose more details closer to the release. ()</p><p> Shares of Qualcomm, the world's largest maker of wireless chips for smartphones, were down marginally in afternoon trading.</p><p> \"We will continue to work closely with Google on existing and future products based on Snapdragon platforms,\" a Qualcomm spokesperson said in a statement.</p><p> Last year, Apple Inc started using its own central processor designed for Macs, in a step away from chipmaker Intel Corp . ()</p><p> (Reporting by Chavi Mehta and Akanksha Rana in Bengaluru; Editing by Devika Syamnath)</p><p>((Chavi.Mehta@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A","QCOM":"高通"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156119748","content_text":"Aug 2 (Reuters) - Alphabet Inc's Google will use processors designed in-house for its new Pixel phones launching later this fall, in a shift away from Qualcomm Inc's technology that has powered the tech giant's Android devices for more than 15 years. The processor, called Tensor, will power the Pixel 6 and Pixel 6 Pro phones, Google said in a blog post, with the company set to disclose more details closer to the release. () Shares of Qualcomm, the world's largest maker of wireless chips for smartphones, were down marginally in afternoon trading. \"We will continue to work closely with Google on existing and future products based on Snapdragon platforms,\" a Qualcomm spokesperson said in a statement. Last year, Apple Inc started using its own central processor designed for Macs, in a step away from chipmaker Intel Corp . () (Reporting by Chavi Mehta and Akanksha Rana in Bengaluru; Editing by Devika Syamnath)((Chavi.Mehta@thomsonreuters.com;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802253053,"gmtCreate":1627783912972,"gmtModify":1703495783610,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Interesting article ","listText":"Interesting article ","text":"Interesting article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/802253053","repostId":"2156165407","repostType":2,"repost":{"id":"2156165407","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1627757340,"share":"https://ttm.financial/m/news/2156165407?lang=&edition=fundamental","pubTime":"2021-08-01 02:49","market":"us","language":"en","title":"YouTube is as big as Netflix, and growing much faster","url":"https://stock-news.laohu8.com/highlight/detail?id=2156165407","media":"Dow Jones","summary":"MW YouTube is as big as Netflix, and growing much faster\n\n\n By Jon Swartz \n\n\n Google video-streami","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW YouTube is as big as Netflix, and growing much faster\n</p>\n<p>\n By Jon Swartz \n</p>\n<p>\n Google video-streaming site brought in nearly as much ad revenue in the past quarter as the streaming pioneer, and likely makes enough from subscriptions to top Netflix overall amid massive growth \n</p>\n<p>\n Google parent Alphabet Inc. wowed financial analysts with just about everything in the company's second-quarter results on Tuesday, but <a href=\"https://laohu8.com/S/AONE.U\">one</a> line fact had tongues wagging the most: YouTube is as big as Netflix Inc. \n</p>\n<p>\n Propelled by an 84% rise in ad sales, Google's <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) video service racked up $7 billion in revenue -- roughly what Netflix <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a> did in Q2, $7.3 billion. The difference is that YouTube is growing at four times the clip of the video-streaming's sales, putting up nearly as much ad revenue in three months as it did in all of 2020, when YouTube ads totaled $7.85 billion in revenue. \n</p>\n<p>\n And that is not all the money that YouTube generates. Subscription fees, the type of revenue Netflix generates while eschewing ads, are counted in a separate category for Google. While executives did not break out specific performance of YouTube's subscription products -- which include YouTube TV, YouTube Premium and YouTube Music -- the company's filing with the Securities and Exchange Commission noted the entire category of revenue grew $1.5 billion to $6.6 billion, and credited YouTube subscriptions for the growth ahead of other factors. That suggests enough revenue to easily surpass the $300 million difference between the two services' reported quarterly revenue. \n</p>\n<p>\n And Netflix thought it faced stiff competition from Walt Disney Co. <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a>, AT&T Inc. <a href=\"https://laohu8.com/S/T\">$(T)$</a>, Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, and Comcast Corp. <a href=\"https://laohu8.com/S/CMCSA\">$(CMCSA)$</a>. \n</p>\n<p>\n \"Putting the super in super checkmark,\" Evercore ISI analyst Mark Mahaney hailed in a July 27 note that touted the performance of YouTube as a major reason for lifting Google's price target to $3,160 from $2,825. Advertisers are increasingly using brand and direct response to \"drive superior\" return on investment via YouTube. \"YouTube is experiencing an ad product inflection point,\" he wrote. \n</p>\n<p>\n Read more: Google parent Alphabet's worth to Wall Street soars after blowout results, with UBS lifting share-price target to $3,600 a share \n</p>\n<p>\n In raising his price target on Google shares to $3,200, Raymond James analyst Aaron Kessler cited long-term advertising revenue growth driven by search and YouTube, as well as advertisers increasingly approaching YouTube as a \"full-funnel solution.\" \n</p>\n<p>\n The truth is boldly underlined by the numbers, according to JMP Securities analyst Ron Josey. YouTube has more than 2 billion monthly average users with over 1 billion hours of video watched daily. YouTube Shorts, which launched in the U.S. in March, recently surpassed 15 billion daily views. A Nielsen study suggests 70% of reach on YouTube was incremental to TV media ads, and that advertisers that shift 20% of TV spend to YouTube should see a 25% increase in total campaign reach with a lower cost per reach of 20%. More than 120 million people watch YouTube on a TV monthly, up from 100 million a year ago, Josey noted. \n</p>\n<p>\n Netflix, by comparison, has more than 200 million paid subscribers. \n</p>\n<p>\n Google executives highlighted YouTube's performance during a call with analysts as an explanation for revenue ($61.9 billion) and earnings ($18.5 billion) that smashed Wall Street forecasts. \n</p>\n<p>\n \"During the pandemic, we've seen more consumers use YouTube to discover and shop,\" Google Chief Business Officer Philipp Schindler told analysts during a conference call late Tuesday. \n</p>\n<p>\n Read more: Google's wave of digital ad sales helps it crush revenue, earnings estimates \n</p>\n<p>\n YouTube monetization is taking shape, AB Bernstein analyst Mark Shmulik said, with ad revenue catapulting $1 billion sequentially and subscriptions on YouTube a \"key driver\" of Google's Other business division. \"Google continues to fight for linear TV ad dollars, with the users incremental to TV audiences,\" Shmulik wrote July 28 in a note that maintains an outperform rating on Google shares with a price target of $3,200. \"This quarter's strength was driven primarily by the continued recovery in brand dollars.\" \n</p>\n<p>\n Added Barclays analyst Ross Sandler: \"Digital advertising is proving to be very resilient in this economic cycle, and the growth rates across the space, including at Google and YouTube, are staggering owing to share shift and easy comps -- some of the highest figures we may ever see.\" (He jacked up Google's price target to $3,200 from $3,000 in a July 27 note to clients.) \n</p>\n<p>\n -Jon Swartz \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 31, 2021 14:49 ET (18:49 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>YouTube is as big as Netflix, and growing much faster</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\">\nYouTube is as big as Netflix, and growing much faster\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-01 02:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW YouTube is as big as Netflix, and growing much faster\n</p>\n<p>\n By Jon Swartz \n</p>\n<p>\n Google video-streaming site brought in nearly as much ad revenue in the past quarter as the streaming pioneer, and likely makes enough from subscriptions to top Netflix overall amid massive growth \n</p>\n<p>\n Google parent Alphabet Inc. wowed financial analysts with just about everything in the company's second-quarter results on Tuesday, but <a href=\"https://laohu8.com/S/AONE.U\">one</a> line fact had tongues wagging the most: YouTube is as big as Netflix Inc. \n</p>\n<p>\n Propelled by an 84% rise in ad sales, Google's <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) video service racked up $7 billion in revenue -- roughly what Netflix <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a> did in Q2, $7.3 billion. The difference is that YouTube is growing at four times the clip of the video-streaming's sales, putting up nearly as much ad revenue in three months as it did in all of 2020, when YouTube ads totaled $7.85 billion in revenue. \n</p>\n<p>\n And that is not all the money that YouTube generates. Subscription fees, the type of revenue Netflix generates while eschewing ads, are counted in a separate category for Google. While executives did not break out specific performance of YouTube's subscription products -- which include YouTube TV, YouTube Premium and YouTube Music -- the company's filing with the Securities and Exchange Commission noted the entire category of revenue grew $1.5 billion to $6.6 billion, and credited YouTube subscriptions for the growth ahead of other factors. That suggests enough revenue to easily surpass the $300 million difference between the two services' reported quarterly revenue. \n</p>\n<p>\n And Netflix thought it faced stiff competition from Walt Disney Co. <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a>, AT&T Inc. <a href=\"https://laohu8.com/S/T\">$(T)$</a>, Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, and Comcast Corp. <a href=\"https://laohu8.com/S/CMCSA\">$(CMCSA)$</a>. \n</p>\n<p>\n \"Putting the super in super checkmark,\" Evercore ISI analyst Mark Mahaney hailed in a July 27 note that touted the performance of YouTube as a major reason for lifting Google's price target to $3,160 from $2,825. Advertisers are increasingly using brand and direct response to \"drive superior\" return on investment via YouTube. \"YouTube is experiencing an ad product inflection point,\" he wrote. \n</p>\n<p>\n Read more: Google parent Alphabet's worth to Wall Street soars after blowout results, with UBS lifting share-price target to $3,600 a share \n</p>\n<p>\n In raising his price target on Google shares to $3,200, Raymond James analyst Aaron Kessler cited long-term advertising revenue growth driven by search and YouTube, as well as advertisers increasingly approaching YouTube as a \"full-funnel solution.\" \n</p>\n<p>\n The truth is boldly underlined by the numbers, according to JMP Securities analyst Ron Josey. YouTube has more than 2 billion monthly average users with over 1 billion hours of video watched daily. YouTube Shorts, which launched in the U.S. in March, recently surpassed 15 billion daily views. A Nielsen study suggests 70% of reach on YouTube was incremental to TV media ads, and that advertisers that shift 20% of TV spend to YouTube should see a 25% increase in total campaign reach with a lower cost per reach of 20%. More than 120 million people watch YouTube on a TV monthly, up from 100 million a year ago, Josey noted. \n</p>\n<p>\n Netflix, by comparison, has more than 200 million paid subscribers. \n</p>\n<p>\n Google executives highlighted YouTube's performance during a call with analysts as an explanation for revenue ($61.9 billion) and earnings ($18.5 billion) that smashed Wall Street forecasts. \n</p>\n<p>\n \"During the pandemic, we've seen more consumers use YouTube to discover and shop,\" Google Chief Business Officer Philipp Schindler told analysts during a conference call late Tuesday. \n</p>\n<p>\n Read more: Google's wave of digital ad sales helps it crush revenue, earnings estimates \n</p>\n<p>\n YouTube monetization is taking shape, AB Bernstein analyst Mark Shmulik said, with ad revenue catapulting $1 billion sequentially and subscriptions on YouTube a \"key driver\" of Google's Other business division. \"Google continues to fight for linear TV ad dollars, with the users incremental to TV audiences,\" Shmulik wrote July 28 in a note that maintains an outperform rating on Google shares with a price target of $3,200. \"This quarter's strength was driven primarily by the continued recovery in brand dollars.\" \n</p>\n<p>\n Added Barclays analyst Ross Sandler: \"Digital advertising is proving to be very resilient in this economic cycle, and the growth rates across the space, including at Google and YouTube, are staggering owing to share shift and easy comps -- some of the highest figures we may ever see.\" (He jacked up Google's price target to $3,200 from $3,000 in a July 27 note to clients.) \n</p>\n<p>\n -Jon Swartz \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 31, 2021 14:49 ET (18:49 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","QNETCN":"纳斯达克中美互联网老虎指数","TERN":"Terns Pharmaceuticals, Inc.","CRCT":"Cricut, Inc.","GOOGL":"谷歌A"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156165407","content_text":"MW YouTube is as big as Netflix, and growing much faster\n\n\n By Jon Swartz \n\n\n Google video-streaming site brought in nearly as much ad revenue in the past quarter as the streaming pioneer, and likely makes enough from subscriptions to top Netflix overall amid massive growth \n\n\n Google parent Alphabet Inc. wowed financial analysts with just about everything in the company's second-quarter results on Tuesday, but one line fact had tongues wagging the most: YouTube is as big as Netflix Inc. \n\n\n Propelled by an 84% rise in ad sales, Google's $(GOOGL)$(GOOGL) video service racked up $7 billion in revenue -- roughly what Netflix $(NFLX)$ did in Q2, $7.3 billion. The difference is that YouTube is growing at four times the clip of the video-streaming's sales, putting up nearly as much ad revenue in three months as it did in all of 2020, when YouTube ads totaled $7.85 billion in revenue. \n\n\n And that is not all the money that YouTube generates. Subscription fees, the type of revenue Netflix generates while eschewing ads, are counted in a separate category for Google. While executives did not break out specific performance of YouTube's subscription products -- which include YouTube TV, YouTube Premium and YouTube Music -- the company's filing with the Securities and Exchange Commission noted the entire category of revenue grew $1.5 billion to $6.6 billion, and credited YouTube subscriptions for the growth ahead of other factors. That suggests enough revenue to easily surpass the $300 million difference between the two services' reported quarterly revenue. \n\n\n And Netflix thought it faced stiff competition from Walt Disney Co. $(DIS)$, AT&T Inc. $(T)$, Apple Inc. $(AAPL)$, Amazon.com Inc. $(AMZN)$, and Comcast Corp. $(CMCSA)$. \n\n\n \"Putting the super in super checkmark,\" Evercore ISI analyst Mark Mahaney hailed in a July 27 note that touted the performance of YouTube as a major reason for lifting Google's price target to $3,160 from $2,825. Advertisers are increasingly using brand and direct response to \"drive superior\" return on investment via YouTube. \"YouTube is experiencing an ad product inflection point,\" he wrote. \n\n\n Read more: Google parent Alphabet's worth to Wall Street soars after blowout results, with UBS lifting share-price target to $3,600 a share \n\n\n In raising his price target on Google shares to $3,200, Raymond James analyst Aaron Kessler cited long-term advertising revenue growth driven by search and YouTube, as well as advertisers increasingly approaching YouTube as a \"full-funnel solution.\" \n\n\n The truth is boldly underlined by the numbers, according to JMP Securities analyst Ron Josey. YouTube has more than 2 billion monthly average users with over 1 billion hours of video watched daily. YouTube Shorts, which launched in the U.S. in March, recently surpassed 15 billion daily views. A Nielsen study suggests 70% of reach on YouTube was incremental to TV media ads, and that advertisers that shift 20% of TV spend to YouTube should see a 25% increase in total campaign reach with a lower cost per reach of 20%. More than 120 million people watch YouTube on a TV monthly, up from 100 million a year ago, Josey noted. \n\n\n Netflix, by comparison, has more than 200 million paid subscribers. \n\n\n Google executives highlighted YouTube's performance during a call with analysts as an explanation for revenue ($61.9 billion) and earnings ($18.5 billion) that smashed Wall Street forecasts. \n\n\n \"During the pandemic, we've seen more consumers use YouTube to discover and shop,\" Google Chief Business Officer Philipp Schindler told analysts during a conference call late Tuesday. \n\n\n Read more: Google's wave of digital ad sales helps it crush revenue, earnings estimates \n\n\n YouTube monetization is taking shape, AB Bernstein analyst Mark Shmulik said, with ad revenue catapulting $1 billion sequentially and subscriptions on YouTube a \"key driver\" of Google's Other business division. \"Google continues to fight for linear TV ad dollars, with the users incremental to TV audiences,\" Shmulik wrote July 28 in a note that maintains an outperform rating on Google shares with a price target of $3,200. \"This quarter's strength was driven primarily by the continued recovery in brand dollars.\" \n\n\n Added Barclays analyst Ross Sandler: \"Digital advertising is proving to be very resilient in this economic cycle, and the growth rates across the space, including at Google and YouTube, are staggering owing to share shift and easy comps -- some of the highest figures we may ever see.\" (He jacked up Google's price target to $3,200 from $3,000 in a July 27 note to clients.) \n\n\n -Jon Swartz \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n July 31, 2021 14:49 ET (18:49 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803354294,"gmtCreate":1627424892318,"gmtModify":1703489505716,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803354294","repostId":"2154912032","repostType":2,"repost":{"id":"2154912032","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1627417965,"share":"https://ttm.financial/m/news/2154912032?lang=&edition=fundamental","pubTime":"2021-07-28 04:32","market":"hk","language":"en","title":"Apple Reports Q3 Services Revenue $17.486B, Up From $13.156B YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=2154912032","media":"Benzinga","summary":"Apple Reports Q3 Services Revenue $17.486B, Up From $13.156B YoY","content":"<html><body><p>Apple Reports Q3 Services Revenue $17.486B, Up From $13.156B YoY</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Reports Q3 Services Revenue $17.486B, Up From $13.156B YoY</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\">\nApple Reports Q3 Services Revenue $17.486B, Up From $13.156B YoY\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-28 04:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Apple Reports Q3 Services Revenue $17.486B, Up From $13.156B YoY</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.benzinga.com/news/earnings/21/07/22183714/apple-reports-q3-services-revenue-17-486b-up-from-13-156b-yoy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154912032","content_text":"Apple Reports Q3 Services Revenue $17.486B, Up From $13.156B YoY","news_type":1},"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800614651,"gmtCreate":1627297499273,"gmtModify":1703487025946,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Another smart move?","listText":"Another smart move?","text":"Another smart move?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800614651","repostId":"1175108896","repostType":2,"repost":{"id":"1175108896","pubTimestamp":1627290545,"share":"https://ttm.financial/m/news/1175108896?lang=&edition=fundamental","pubTime":"2021-07-26 17:09","market":"us","language":"en","title":"Tesla Could Become A Subscription Company","url":"https://stock-news.laohu8.com/highlight/detail?id=1175108896","media":"seekingalpha","summary":"Summary\n\nTesla is indicating a movement toward an Adobe-like subscription business model, which has ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla is indicating a movement toward an Adobe-like subscription business model, which has been shown to skyrocket revenue.</li>\n <li>In this way, Tesla is again a first-mover and will set the standards for the industry in the coming decades.</li>\n <li>Technically, the recent movement is a rather normal pattern and tends to lead to more gains.</li>\n <li>I recommend TSLA longs add a credit strategy to their position before earnings, both for protection and extra income.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0b0473d75b9ec97c9c4ae413f111f4f\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>jetcityimage/iStock Editorial via Getty Images</span></p>\n<p>I last wrote about Tesla(TSLA) in 2019, when I recommended a buy on the pullback. Said pullback was a pullback to $47, a number TSLA will likely never hit again. These days, TSLA flirts with numbers over $1,000, and with good reason.</p>\n<p>And today, TSLA has yet another reason to justify its lofty price. The company has unveiled a full self driving(FSD) subscription. This is a step in the right direction.</p>\n<p><b>Subscriptions: The Ultimate Profit Model</b></p>\n<p>Software – and more broadly, tech – has been moving to subscription-based business models, which have proved themselves to be vastly superior to the old way of doing business (selling a product outright) in terms of profitability. Whereas once we paid a one-time fee for a product such as Adobe (ADBE) Photoshop, now we are almost certainly paying much more than that one-time payment over the product’s lifetime. It was only a matter of time for the slower-than-tech automotive industry to understand that subscription business models can siphon much more money from the customer than the traditional model, and I’m not surprised that Tesla, often regarded more as a tech company than an automobile company, is to be the first company employing this strategy.</p>\n<p>I believe Pierre Ferragu understands this. From SA’s above-linked news on the FSD subscription:</p>\n<blockquote>\n One of the biggest bulls on the FSD upside for Tesla is New Street Research analyst Pierre Ferragu. He thinks Tesla will make roughly $7K in profit from selling a car and almost $23K from selling FSD subscriptions on the same vehicle by 2030. If Ferragu is correct, the entire industry is expected to move toward an autonomous subscription service model.”\n</blockquote>\n<p>Ferragu’s predictions match my thoughts on the subscription-based business model. Tesla’s revenue and subscription paradigm could easily become Adobe-like, where the vast majority of the company’s revenue stems from subscriptions. (Seemy recent article on Adobefor more on how this business model works.) The potential of this business model’s impact on revenue is easily seen via Adobe’s results (though many other companies are seeing the same sort of results):</p>\n<p><img src=\"https://static.tigerbbs.com/7890fd8becf42b56654cfdcdadfd97de\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Of course, the stock sees results too:</p>\n<p><img src=\"https://static.tigerbbs.com/32e86fdc239f4d4e1f3dea8a10634bf4\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Importantly, Ferragu notes that the whole industry will move toward the subscription business model, a sentiment I agree with. Some might argue that the automotive industry is not the software industry and that it is better to provide a quality product at a fair price when it comes to automobiles. But history would show this to be incorrect: Look at how General Motors (GM) pushed even Ford (F), a company that built itself on creating long-lasting, quality cars, into the planned obsolescence paradigm (yearly design upgrades for each product line) that the industry has fallen into.</p>\n<p>In the future, Tesla’s bulk revenue should come not from car sales but from subscriptions. This is the new economy for most industries moving forward, and Tesla will be the pioneer of this business model in the automotive industry. We’ve seen how this has played out to the benefit of profitability in software and film (streaming services such as Disney and Netflix), and it should play out similarly for automobiles.</p>\n<p>Consider this: Tesla sold around 500K cars in 2020. With the Berlin, Shanghai, and Texas plants in action this year, Tesla should be producing an extra 300K cars in 2021. At this rate, Tesla will be over the 1M per year mark (likely around 1.5M) before the end of 2022. Assume only half of the produced cars per year end up with a FSD subscription, then, a la Adobe, subscription revenue can be seen quickly approaching equality with the revenue from the traditional model – note that this model is highly conservative as it ignores all cars produced prior to 2020:</p>\n<p><b>Revenue from FSD Subscriptions Per Year</b></p>\n<img src=\"https://static.tigerbbs.com/707addf56e3e845f8eb7727ba378c382\" tg-width=\"903\" tg-height=\"353\" width=\"100%\" height=\"auto\">\n<table>\n <tbody>\n <tr></tr>\n </tbody>\n</table>\n<p>It is difficult to tell when subscription revenue will surpass vehicle sales revenue because of numerous unknowns in the model, such as the percentage of Tesla drivers subscribing to FSD and the success of the 2023 Model 3 in penetrating the “affordable” car market. However, the rate at which subscription revenue grows is geometric-to-exponential, will be a double-digit percentage within the next couple years and is likely to be the majority of Tesla’s revenue stream by the end of the decade.</p>\n<p>Tesla is taking the right step here, and we could very well see the company overcome hurdles that have plagued the car industry for decades. If so, we could see lower earnings variance in the cases of political policies targeting the automotive industry. For instance, revenue from the FSD subscription could remain unscathed by new tariffs and environmental policies, two sources of regulation that typically target cars themselves, not the software being employed. This is still speculative, but thus far we have no reason to suspect governments will specifically target FSD subscriptions in their carbon-reduction regulations or in tax policies.</p>\n<p>Once successfully rolled out, the FSD subscription is likely to become a source of reliable income for the company. As subscription revenue grows to where it exceeds sales revenue, investors will increasingly see Tesla as a safe investment. IV on TSLA should drop as subscription revenue outpaces traditional sales revenue, and drops in IV tend to correlate with stock moving upward.</p>\n<p>From both a fundamental perspective and a stock perspective, the FSD subscription announcement is highly bullish. I see this as a reason for TSLA bulls to buy on any significant pullback.</p>\n<p>Yet we must admit, as with all new business models, investors have inherent risk. While the subscription model is extremely profitable itself, whether Tesla drivers will accept the FSD subscription remains a key factor in successfully employing the model. While I believe – due to its track record – Tesla will eventually work out the technical kinks in its self-driving feature, I can see two big reasons that FSD could flop.</p>\n<p>First, Tesla could fail to bring FSD to level 5, the level promised, perhaps leading to a class-action lawsuit from subscribers. The technical aspects of FSD are beyond my expertise, though my background in AI does tell me that achieving level 5 is a monumental effort. Musk has successfully pulled off monumental efforts in the past, but perhaps those with more AI knowledge than I have good reason to believe that this is the hill upon which Musk will die.</p>\n<p>Second, the price point might be too high. For $200 per month, you could lease a brand new Honda – or you can enter Tesla’s work-in-progress FSD as a sort of beta tester. As we enter 2023, which should be a big year for Tesla with its $25,000 Model 2s allowing the company access to a new customer demographic, we need to reconsider whether a $200-per-month subscription will be appealing to the general Tesla user base. An overpriced subscription model can be easily fixed in the long run and should thus not be seen as a huge risk to the bull thesis, but too high of a price can prevent that initial market penetration Tesla needs in pioneering the subscription-as-a-model implementation in the automobile industry.</p>\n<p><b>Technical Bullishness</b></p>\n<p>From a technical perspective, too, TSLA is looking bullish. While often cited as being incredibly overpriced relative to the past couple years, TSLA is not making movements that are uncharacteristic of the stock. The recent movement pattern actually looks quite a bit like the one in early 2020, right before the huge rally:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9ba282cb205e46e0448e0f01c7d8ee3f\" tg-width=\"640\" tg-height=\"420\" width=\"100%\" height=\"auto\"><span>(Source: Damon Verial; data from Tiingo)</span></p>\n<p>Once you control for trading days, the movement looks relatively conservative. It’s about the median movement for a given quarter:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1df19786e20b710470c561208d69d7c5\" tg-width=\"640\" tg-height=\"420\" width=\"100%\" height=\"auto\"><span>(Source: Damon Verial; data from Tiingo)</span></p>\n<p>If you extrapolate this to 200 trading days, you will find that TSLA tends to move upward another 10% with rather average volatility. The 2020 movement is an outlier in magnitude only; the pattern itself does not differ all that much from TSLA’s usual yearly movements:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/15a41d91691e32e1243015029fa67fa9\" tg-width=\"640\" tg-height=\"420\" width=\"100%\" height=\"auto\"><span>(Source: Damon Verial; data from Tiingo)</span></p>\n<p>With TSLA heading into earnings, an impressive earnings report could give us a similar upward movement. Of course, playing TSLA over earnings is quite risky, which is why we do not typically play TSLA over earnings in my earnings-trading group (Exposing Earnings). Thus, I recommend those interested in TSLA buy on the back of the FSD subscription news, as this is a bullish fundamental catalyst.</p>\n<p><b>Options Strategy</b></p>\n<p>If you are playing options, however, you might wish to wait until after earnings so that you are not exposed to a volatility crush (option IV falling rapidly and thus decreasing the values of long options, as long options are also long vega). If you want to take an options strategy to hedge earnings risk, though, here is what I recommend. I’m assuming you’re holding 100 shares of TSLA, making this a hedge with extra profitability on the long side:</p>\n<ol>\n <li>Sell 1x Jul 30 $700 put</li>\n <li>Buy 2x Jul 30 $650 puts</li>\n</ol>\n<p>Net credit: $7000</p>\n<p>This is a volatile strategy, meaning it allows us to profit on either side. The major risk is if TSLA consolidates, trading strictly between $650 and $700 over the rest of July. Otherwise, we stand to profit on either side, either by the net long puts on the downside or via the stock plus credit earned from the strategy on the long side.</p>\n<p>Even if you are confident TSLA will not sell off on earnings, this strategy works to your benefit by bringing in an extra $7000 in profit per 100 shares. You have the added value of downside protection, too. Let me know what you think in the comments section.</p>\n<p><b>Conclusion</b></p>\n<p>Tesla’s addition of an FSD subscription greatly improves the company’s maximum revenue potential. Subscription services have proved themselves to quickly and drastically change the primary source of revenue for a company and could easily turn Tesla into a software company more so than an automotive company. Being so, we need to consider the possibility that Tesla entering the EV market was just the beginning for this company and that the financial future of Tesla is in its FSD service. If so, we are undervaluing this company, as we are using an EV lens to judge a software company.</p>\n<p>I am highly bullish on TSLA in the long term due to the FSD prospects. In the short term, I believe the technicals are implying an upward swing. With earnings on Jul 26, you might want to hedge the downside simply due to TSLA’s volatility. But overall, being long on TSLA at this price is likely a profitable decision even with a short-term pullback.</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>Tesla Could Become A Subscription Company</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Could Become A Subscription Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 17:09 GMT+8 <a href=https://seekingalpha.com/article/4441324-tesla-could-become-a-subscription-company><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla is indicating a movement toward an Adobe-like subscription business model, which has been shown to skyrocket revenue.\nIn this way, Tesla is again a first-mover and will set the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4441324-tesla-could-become-a-subscription-company\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4441324-tesla-could-become-a-subscription-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175108896","content_text":"Summary\n\nTesla is indicating a movement toward an Adobe-like subscription business model, which has been shown to skyrocket revenue.\nIn this way, Tesla is again a first-mover and will set the standards for the industry in the coming decades.\nTechnically, the recent movement is a rather normal pattern and tends to lead to more gains.\nI recommend TSLA longs add a credit strategy to their position before earnings, both for protection and extra income.\n\njetcityimage/iStock Editorial via Getty Images\nI last wrote about Tesla(TSLA) in 2019, when I recommended a buy on the pullback. Said pullback was a pullback to $47, a number TSLA will likely never hit again. These days, TSLA flirts with numbers over $1,000, and with good reason.\nAnd today, TSLA has yet another reason to justify its lofty price. The company has unveiled a full self driving(FSD) subscription. This is a step in the right direction.\nSubscriptions: The Ultimate Profit Model\nSoftware – and more broadly, tech – has been moving to subscription-based business models, which have proved themselves to be vastly superior to the old way of doing business (selling a product outright) in terms of profitability. Whereas once we paid a one-time fee for a product such as Adobe (ADBE) Photoshop, now we are almost certainly paying much more than that one-time payment over the product’s lifetime. It was only a matter of time for the slower-than-tech automotive industry to understand that subscription business models can siphon much more money from the customer than the traditional model, and I’m not surprised that Tesla, often regarded more as a tech company than an automobile company, is to be the first company employing this strategy.\nI believe Pierre Ferragu understands this. From SA’s above-linked news on the FSD subscription:\n\n One of the biggest bulls on the FSD upside for Tesla is New Street Research analyst Pierre Ferragu. He thinks Tesla will make roughly $7K in profit from selling a car and almost $23K from selling FSD subscriptions on the same vehicle by 2030. If Ferragu is correct, the entire industry is expected to move toward an autonomous subscription service model.”\n\nFerragu’s predictions match my thoughts on the subscription-based business model. Tesla’s revenue and subscription paradigm could easily become Adobe-like, where the vast majority of the company’s revenue stems from subscriptions. (Seemy recent article on Adobefor more on how this business model works.) The potential of this business model’s impact on revenue is easily seen via Adobe’s results (though many other companies are seeing the same sort of results):\n\nOf course, the stock sees results too:\n\nImportantly, Ferragu notes that the whole industry will move toward the subscription business model, a sentiment I agree with. Some might argue that the automotive industry is not the software industry and that it is better to provide a quality product at a fair price when it comes to automobiles. But history would show this to be incorrect: Look at how General Motors (GM) pushed even Ford (F), a company that built itself on creating long-lasting, quality cars, into the planned obsolescence paradigm (yearly design upgrades for each product line) that the industry has fallen into.\nIn the future, Tesla’s bulk revenue should come not from car sales but from subscriptions. This is the new economy for most industries moving forward, and Tesla will be the pioneer of this business model in the automotive industry. We’ve seen how this has played out to the benefit of profitability in software and film (streaming services such as Disney and Netflix), and it should play out similarly for automobiles.\nConsider this: Tesla sold around 500K cars in 2020. With the Berlin, Shanghai, and Texas plants in action this year, Tesla should be producing an extra 300K cars in 2021. At this rate, Tesla will be over the 1M per year mark (likely around 1.5M) before the end of 2022. Assume only half of the produced cars per year end up with a FSD subscription, then, a la Adobe, subscription revenue can be seen quickly approaching equality with the revenue from the traditional model – note that this model is highly conservative as it ignores all cars produced prior to 2020:\nRevenue from FSD Subscriptions Per Year\n\n\n\n\n\n\nIt is difficult to tell when subscription revenue will surpass vehicle sales revenue because of numerous unknowns in the model, such as the percentage of Tesla drivers subscribing to FSD and the success of the 2023 Model 3 in penetrating the “affordable” car market. However, the rate at which subscription revenue grows is geometric-to-exponential, will be a double-digit percentage within the next couple years and is likely to be the majority of Tesla’s revenue stream by the end of the decade.\nTesla is taking the right step here, and we could very well see the company overcome hurdles that have plagued the car industry for decades. If so, we could see lower earnings variance in the cases of political policies targeting the automotive industry. For instance, revenue from the FSD subscription could remain unscathed by new tariffs and environmental policies, two sources of regulation that typically target cars themselves, not the software being employed. This is still speculative, but thus far we have no reason to suspect governments will specifically target FSD subscriptions in their carbon-reduction regulations or in tax policies.\nOnce successfully rolled out, the FSD subscription is likely to become a source of reliable income for the company. As subscription revenue grows to where it exceeds sales revenue, investors will increasingly see Tesla as a safe investment. IV on TSLA should drop as subscription revenue outpaces traditional sales revenue, and drops in IV tend to correlate with stock moving upward.\nFrom both a fundamental perspective and a stock perspective, the FSD subscription announcement is highly bullish. I see this as a reason for TSLA bulls to buy on any significant pullback.\nYet we must admit, as with all new business models, investors have inherent risk. While the subscription model is extremely profitable itself, whether Tesla drivers will accept the FSD subscription remains a key factor in successfully employing the model. While I believe – due to its track record – Tesla will eventually work out the technical kinks in its self-driving feature, I can see two big reasons that FSD could flop.\nFirst, Tesla could fail to bring FSD to level 5, the level promised, perhaps leading to a class-action lawsuit from subscribers. The technical aspects of FSD are beyond my expertise, though my background in AI does tell me that achieving level 5 is a monumental effort. Musk has successfully pulled off monumental efforts in the past, but perhaps those with more AI knowledge than I have good reason to believe that this is the hill upon which Musk will die.\nSecond, the price point might be too high. For $200 per month, you could lease a brand new Honda – or you can enter Tesla’s work-in-progress FSD as a sort of beta tester. As we enter 2023, which should be a big year for Tesla with its $25,000 Model 2s allowing the company access to a new customer demographic, we need to reconsider whether a $200-per-month subscription will be appealing to the general Tesla user base. An overpriced subscription model can be easily fixed in the long run and should thus not be seen as a huge risk to the bull thesis, but too high of a price can prevent that initial market penetration Tesla needs in pioneering the subscription-as-a-model implementation in the automobile industry.\nTechnical Bullishness\nFrom a technical perspective, too, TSLA is looking bullish. While often cited as being incredibly overpriced relative to the past couple years, TSLA is not making movements that are uncharacteristic of the stock. The recent movement pattern actually looks quite a bit like the one in early 2020, right before the huge rally:\n(Source: Damon Verial; data from Tiingo)\nOnce you control for trading days, the movement looks relatively conservative. It’s about the median movement for a given quarter:\n(Source: Damon Verial; data from Tiingo)\nIf you extrapolate this to 200 trading days, you will find that TSLA tends to move upward another 10% with rather average volatility. The 2020 movement is an outlier in magnitude only; the pattern itself does not differ all that much from TSLA’s usual yearly movements:\n(Source: Damon Verial; data from Tiingo)\nWith TSLA heading into earnings, an impressive earnings report could give us a similar upward movement. Of course, playing TSLA over earnings is quite risky, which is why we do not typically play TSLA over earnings in my earnings-trading group (Exposing Earnings). Thus, I recommend those interested in TSLA buy on the back of the FSD subscription news, as this is a bullish fundamental catalyst.\nOptions Strategy\nIf you are playing options, however, you might wish to wait until after earnings so that you are not exposed to a volatility crush (option IV falling rapidly and thus decreasing the values of long options, as long options are also long vega). If you want to take an options strategy to hedge earnings risk, though, here is what I recommend. I’m assuming you’re holding 100 shares of TSLA, making this a hedge with extra profitability on the long side:\n\nSell 1x Jul 30 $700 put\nBuy 2x Jul 30 $650 puts\n\nNet credit: $7000\nThis is a volatile strategy, meaning it allows us to profit on either side. The major risk is if TSLA consolidates, trading strictly between $650 and $700 over the rest of July. Otherwise, we stand to profit on either side, either by the net long puts on the downside or via the stock plus credit earned from the strategy on the long side.\nEven if you are confident TSLA will not sell off on earnings, this strategy works to your benefit by bringing in an extra $7000 in profit per 100 shares. You have the added value of downside protection, too. Let me know what you think in the comments section.\nConclusion\nTesla’s addition of an FSD subscription greatly improves the company’s maximum revenue potential. Subscription services have proved themselves to quickly and drastically change the primary source of revenue for a company and could easily turn Tesla into a software company more so than an automotive company. Being so, we need to consider the possibility that Tesla entering the EV market was just the beginning for this company and that the financial future of Tesla is in its FSD service. If so, we are undervaluing this company, as we are using an EV lens to judge a software company.\nI am highly bullish on TSLA in the long term due to the FSD prospects. In the short term, I believe the technicals are implying an upward swing. With earnings on Jul 26, you might want to hedge the downside simply due to TSLA’s volatility. But overall, being long on TSLA at this price is likely a profitable decision even with a short-term pullback.","news_type":1},"isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174862015,"gmtCreate":1627091164537,"gmtModify":1703484045948,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/174862015","repostId":"2153938547","repostType":2,"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147719293,"gmtCreate":1626391121212,"gmtModify":1703759084068,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"And the race continues with the EVs…","listText":"And the race continues with the EVs…","text":"And the race continues with the EVs…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147719293","repostId":"2151785415","repostType":2,"repost":{"id":"2151785415","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626369180,"share":"https://ttm.financial/m/news/2151785415?lang=&edition=fundamental","pubTime":"2021-07-16 01:13","market":"us","language":"en","title":"GM unveils charging service for fleet EVs","url":"https://stock-news.laohu8.com/highlight/detail?id=2151785415","media":"Dow Jones","summary":"MW GM unveils charging service for fleet EVs\n\n\n General Motors Co. $(GM)$ on Thursday unveiled a ch","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW GM unveils charging service for fleet EVs\n</p>\n<p>\n General Motors Co. <a href=\"https://laohu8.com/S/GM\">$(GM)$</a> on Thursday unveiled a charging service for fleet electric vehicles, or those owned by businesses and organizations. The service, called Ultium Charge 360, aims to make the switch to a fleet of electric cars \"seamless,\" GM said. Part of its focus is on charging, offering support for home charging and access to public charging places to charge while on the road, the auto maker said. Partners in the endeavor include eTransEnergy, a <a href=\"https://laohu8.com/S/DEX.AU\">Duke</a> Energy Corp. <a href=\"https://laohu8.com/S/DUK\">$(DUK)$</a> company, EVgo Inc. <a href=\"https://laohu8.com/S/EVGO\">$(EVGO)$</a>, and Schneider Electric SE , GM said. \n</p>\n<p>\n -Claudia Assis; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 15, 2021 13:13 ET (17:13 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM unveils charging service for fleet EVs</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\">\nGM unveils charging service for fleet EVs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-16 01:13</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW GM unveils charging service for fleet EVs\n</p>\n<p>\n General Motors Co. <a href=\"https://laohu8.com/S/GM\">$(GM)$</a> on Thursday unveiled a charging service for fleet electric vehicles, or those owned by businesses and organizations. The service, called Ultium Charge 360, aims to make the switch to a fleet of electric cars \"seamless,\" GM said. Part of its focus is on charging, offering support for home charging and access to public charging places to charge while on the road, the auto maker said. Partners in the endeavor include eTransEnergy, a <a href=\"https://laohu8.com/S/DEX.AU\">Duke</a> Energy Corp. <a href=\"https://laohu8.com/S/DUK\">$(DUK)$</a> company, EVgo Inc. <a href=\"https://laohu8.com/S/EVGO\">$(EVGO)$</a>, and Schneider Electric SE , GM said. \n</p>\n<p>\n -Claudia Assis; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 15, 2021 13:13 ET (17:13 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EVGO":"EVgo Inc.","DUK":"杜克能源","GM":"通用汽车"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151785415","content_text":"MW GM unveils charging service for fleet EVs\n\n\n General Motors Co. $(GM)$ on Thursday unveiled a charging service for fleet electric vehicles, or those owned by businesses and organizations. The service, called Ultium Charge 360, aims to make the switch to a fleet of electric cars \"seamless,\" GM said. Part of its focus is on charging, offering support for home charging and access to public charging places to charge while on the road, the auto maker said. Partners in the endeavor include eTransEnergy, a Duke Energy Corp. $(DUK)$ company, EVgo Inc. $(EVGO)$, and Schneider Electric SE , GM said. \n\n\n -Claudia Assis; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n July 15, 2021 13:13 ET (17:13 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141057799,"gmtCreate":1625827569811,"gmtModify":1703749360916,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Nice! Way to go!","listText":"Nice! Way to go!","text":"Nice! Way to go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141057799","repostId":"1105602964","repostType":4,"repost":{"id":"1105602964","pubTimestamp":1625818948,"share":"https://ttm.financial/m/news/1105602964?lang=&edition=fundamental","pubTime":"2021-07-09 16:22","market":"us","language":"en","title":"Nio Plans to Add 3,700 Battery Stations by 2025 in World's Largest Auto Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1105602964","media":"Bloomberg","summary":"Nio Inc.plans to add at least 3,700 battery-swap stations by the end of 2025 as it seeks to further ","content":"<p>Nio Inc.plans to add at least 3,700 battery-swap stations by the end of 2025 as it seeks to further the adoption of electric cars in the world’s largest auto market.</p>\n<p>The Chinese electric-vehicle manufacturer has so far built around 300 battery-swap stations -- places where drivers can go to quickly get their car battery swapped out for a fresh one rather than waiting for it to re-charge. Having now sold around 120,000 EVs, Nio will make offering more charging stations a priority, President and co-founder Qin Lihong told a media briefing in Shanghai on Friday to mark Nio’s inaugural Power Day.</p>\n<p>Range anxiety has been a major hurdle in EV uptake, particularly in a country like China where distances can be vast. RivalTesla Inc.has built more than 850 so-called supercharging, or fast charging, stations and 6,500 charging piles in China.</p>\n<p>Nio is also working on building more charging stations and mobile battery charging vehicles, said Shen Fei, Nio’s vice president of power management. In 2018, the company established a team of people who work as charging personnel, fetching and returning customers’ cars as needed.</p>\n<p>Nio delivered 8,083 EVs last month and 21,896 cars for the three months ended June 30, a 112% increase year-on-year. The Shanghai-based group is also entering the European market with a presence in Norway and shipped its first batch of battery-swap stations there this week. Around 1,000 of the some 4,000 planned battery-swap stations by 2025 will be installed outside of China, Qin said.</p>\n<p>The automaker’s current models all have the option of coming with a “battery-as-a-service” plan, whereby customers buy the car but lease the battery. In this way, buyers can keep up-to-date with battery technology as it improves.</p>\n<p>But even that cost-saving measure is coming under pressure. Tesla on Thursdaydebuted a significantly cheaperversion of its locally built Model Y sports utility vehicle that starts at just 276,000 yuan ($42,600) after government subsidies. By way of comparison, Nio’s ES6 SUV, which competes head-to-head with the Model Y, starts from 358,000 yuan.</p>\n<p>Sales of new-energy vehicles in China, which include plug-in hybrids, increased 170% year-on-year in June, data from China’s Passenger Car Association show. For the first half, NEV wholesale deliveries totaled 1.09 million while retail sales were around 1 million, a rate that prompted PCA Secretary General Cui Dongshu to describe the body’s NEV full-year sales target of 2.4 million “conservative.”</p>\n<p>Nio’s U.S.-listed sharesfell 1% in trading Thursday, bringing declines for the year to 6.4%. They surged more than 1,000% in 2020. Nio is alsoconsidering a listingon Hong Kong’s stock market, where competitor Xpeng Inc. debuted earlier this week.</p>","source":"lsy1584095487587","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>Nio Plans to Add 3,700 Battery Stations by 2025 in World's Largest Auto Market</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\">\nNio Plans to Add 3,700 Battery Stations by 2025 in World's Largest Auto Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 16:22 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-07-09/nio-outlines-battery-swap-station-push-at-first-ever-power-day><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio Inc.plans to add at least 3,700 battery-swap stations by the end of 2025 as it seeks to further the adoption of electric cars in the world’s largest auto market.\nThe Chinese electric-vehicle ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-09/nio-outlines-battery-swap-station-push-at-first-ever-power-day\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-09/nio-outlines-battery-swap-station-push-at-first-ever-power-day","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105602964","content_text":"Nio Inc.plans to add at least 3,700 battery-swap stations by the end of 2025 as it seeks to further the adoption of electric cars in the world’s largest auto market.\nThe Chinese electric-vehicle manufacturer has so far built around 300 battery-swap stations -- places where drivers can go to quickly get their car battery swapped out for a fresh one rather than waiting for it to re-charge. Having now sold around 120,000 EVs, Nio will make offering more charging stations a priority, President and co-founder Qin Lihong told a media briefing in Shanghai on Friday to mark Nio’s inaugural Power Day.\nRange anxiety has been a major hurdle in EV uptake, particularly in a country like China where distances can be vast. RivalTesla Inc.has built more than 850 so-called supercharging, or fast charging, stations and 6,500 charging piles in China.\nNio is also working on building more charging stations and mobile battery charging vehicles, said Shen Fei, Nio’s vice president of power management. In 2018, the company established a team of people who work as charging personnel, fetching and returning customers’ cars as needed.\nNio delivered 8,083 EVs last month and 21,896 cars for the three months ended June 30, a 112% increase year-on-year. The Shanghai-based group is also entering the European market with a presence in Norway and shipped its first batch of battery-swap stations there this week. Around 1,000 of the some 4,000 planned battery-swap stations by 2025 will be installed outside of China, Qin said.\nThe automaker’s current models all have the option of coming with a “battery-as-a-service” plan, whereby customers buy the car but lease the battery. In this way, buyers can keep up-to-date with battery technology as it improves.\nBut even that cost-saving measure is coming under pressure. Tesla on Thursdaydebuted a significantly cheaperversion of its locally built Model Y sports utility vehicle that starts at just 276,000 yuan ($42,600) after government subsidies. By way of comparison, Nio’s ES6 SUV, which competes head-to-head with the Model Y, starts from 358,000 yuan.\nSales of new-energy vehicles in China, which include plug-in hybrids, increased 170% year-on-year in June, data from China’s Passenger Car Association show. For the first half, NEV wholesale deliveries totaled 1.09 million while retail sales were around 1 million, a rate that prompted PCA Secretary General Cui Dongshu to describe the body’s NEV full-year sales target of 2.4 million “conservative.”\nNio’s U.S.-listed sharesfell 1% in trading Thursday, bringing declines for the year to 6.4%. They surged more than 1,000% in 2020. Nio is alsoconsidering a listingon Hong Kong’s stock market, where competitor Xpeng Inc. debuted earlier this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809067342,"gmtCreate":1627340927186,"gmtModify":1703487772402,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Yippee!","listText":"Yippee!","text":"Yippee!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809067342","repostId":"2154596493","repostType":2,"repost":{"id":"2154596493","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1627333200,"share":"https://ttm.financial/m/news/2154596493?lang=&edition=fundamental","pubTime":"2021-07-27 05:00","market":"us","language":"en","title":"Tesla tops $1 billion in profit, delays Semi launch","url":"https://stock-news.laohu8.com/highlight/detail?id=2154596493","media":"Dow Jones","summary":"Tesla Inc. late Monday beat Wall Street expectations for its second quarter, with sales nearly doubling and the Silicon Valley electric-car maker calling for an \"inflection point\" for EVs. See full story .This could be the peak of the tech boom -- Here's what to look for. As tech companies begin reporting more huge profit and sales totals this week, the question to ask is how long the heady growth can continue. See full story .Bitcoin price trades above $40,000 -- 4 things driving the rall","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Tesla tops $1 billion in profit, delays Semi launch\n</p>\n<p>\n By MarketWatch \n</p>\n<p>\n MARKETWATCH FRONT PAGE \n</p>\n<p>\n Tesla Inc. late Monday beat Wall Street expectations for its second quarter, with sales nearly doubling and the Silicon Valley electric-car maker calling for an \"inflection point\" for EVs. See full story . \n</p>\n<p>\n This could be the peak of the tech boom -- Here's what to look for \n</p>\n<p>\n As tech companies begin reporting more huge profit and sales totals this week, the question to ask is how long the heady growth can continue. See full story . \n</p>\n<p>\n Bitcoin price trades above $40,000 -- 4 things driving the rally \n</p>\n<p>\n A rally by bitcoin on Monday wasn't all about a help-wanted ad from Amazon.com Inc., analysts say. See full story . \n</p>\n<p>\n Fauci confirms U.S. health officials are taking a fresh look at face masks, as COVID-19 cases continue to spread \n</p>\n<p>\n The U.S. government's leading health officials are actively considering recommending that even those individuals that are fully vaccinated against COVID-19 wear face masks in public settings again, as the highly transmissible delta variant continues to spread, Dr. Anthony Fauci has confirmed. See full story . \n</p>\n<p>\n Dow, S&P 500 and Nasdaq end at records ahead of Big Tech earnings, Fed meeting \n</p>\n<p>\n Stock benchmarks book a string of records and 5 straight days of gains on Monday, as investors look ahead to a flood of earnings this week from Big Tech companies and await a meeting of Federal Reserve officials. See full story . \n</p>\n<p>\n MARKETWATCH PERSONAL FINANCE \n</p>\n<p>\n The joint statement comes the same day the Department of Veterans Affairs said it would require vaccination for all medical staff. See full story . \n</p>\n<p>\n -MarketWatch; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 26, 2021 17:00 ET (21:00 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla tops $1 billion in profit, delays Semi launch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla tops $1 billion in profit, delays Semi launch\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-27 05:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Tesla tops $1 billion in profit, delays Semi launch\n</p>\n<p>\n By MarketWatch \n</p>\n<p>\n MARKETWATCH FRONT PAGE \n</p>\n<p>\n Tesla Inc. late Monday beat Wall Street expectations for its second quarter, with sales nearly doubling and the Silicon Valley electric-car maker calling for an \"inflection point\" for EVs. See full story . \n</p>\n<p>\n This could be the peak of the tech boom -- Here's what to look for \n</p>\n<p>\n As tech companies begin reporting more huge profit and sales totals this week, the question to ask is how long the heady growth can continue. See full story . \n</p>\n<p>\n Bitcoin price trades above $40,000 -- 4 things driving the rally \n</p>\n<p>\n A rally by bitcoin on Monday wasn't all about a help-wanted ad from Amazon.com Inc., analysts say. See full story . \n</p>\n<p>\n Fauci confirms U.S. health officials are taking a fresh look at face masks, as COVID-19 cases continue to spread \n</p>\n<p>\n The U.S. government's leading health officials are actively considering recommending that even those individuals that are fully vaccinated against COVID-19 wear face masks in public settings again, as the highly transmissible delta variant continues to spread, Dr. Anthony Fauci has confirmed. See full story . \n</p>\n<p>\n Dow, S&P 500 and Nasdaq end at records ahead of Big Tech earnings, Fed meeting \n</p>\n<p>\n Stock benchmarks book a string of records and 5 straight days of gains on Monday, as investors look ahead to a flood of earnings this week from Big Tech companies and await a meeting of Federal Reserve officials. See full story . \n</p>\n<p>\n MARKETWATCH PERSONAL FINANCE \n</p>\n<p>\n The joint statement comes the same day the Department of Veterans Affairs said it would require vaccination for all medical staff. See full story . \n</p>\n<p>\n -MarketWatch; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 26, 2021 17:00 ET (21:00 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154596493","content_text":"MW Tesla tops $1 billion in profit, delays Semi launch\n\n\n By MarketWatch \n\n\n MARKETWATCH FRONT PAGE \n\n\n Tesla Inc. late Monday beat Wall Street expectations for its second quarter, with sales nearly doubling and the Silicon Valley electric-car maker calling for an \"inflection point\" for EVs. See full story . \n\n\n This could be the peak of the tech boom -- Here's what to look for \n\n\n As tech companies begin reporting more huge profit and sales totals this week, the question to ask is how long the heady growth can continue. See full story . \n\n\n Bitcoin price trades above $40,000 -- 4 things driving the rally \n\n\n A rally by bitcoin on Monday wasn't all about a help-wanted ad from Amazon.com Inc., analysts say. See full story . \n\n\n Fauci confirms U.S. health officials are taking a fresh look at face masks, as COVID-19 cases continue to spread \n\n\n The U.S. government's leading health officials are actively considering recommending that even those individuals that are fully vaccinated against COVID-19 wear face masks in public settings again, as the highly transmissible delta variant continues to spread, Dr. Anthony Fauci has confirmed. See full story . \n\n\n Dow, S&P 500 and Nasdaq end at records ahead of Big Tech earnings, Fed meeting \n\n\n Stock benchmarks book a string of records and 5 straight days of gains on Monday, as investors look ahead to a flood of earnings this week from Big Tech companies and await a meeting of Federal Reserve officials. See full story . \n\n\n MARKETWATCH PERSONAL FINANCE \n\n\n The joint statement comes the same day the Department of Veterans Affairs said it would require vaccination for all medical staff. See full story . \n\n\n -MarketWatch; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n July 26, 2021 17:00 ET (21:00 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800792973,"gmtCreate":1627316850992,"gmtModify":1703487572835,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Way to go ??","listText":"Way to go ??","text":"Way to go ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800792973","repostId":"1100647798","repostType":2,"repost":{"id":"1100647798","pubTimestamp":1627313442,"share":"https://ttm.financial/m/news/1100647798?lang=&edition=fundamental","pubTime":"2021-07-26 23:30","market":"us","language":"en","title":"Apple Earnings Face High Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1100647798","media":"seekingalpha","summary":"After the bell on Tuesday, we'll receive fiscal third quarter results from technology giant Apple for its June ending period. With the company's previous two quarterly earnings reports smashing street estimates, it's not really a surprise that expectations have continued to rise. With shares rallying in recent weeks to new all-time highs, another strong report will likely be needed to keep things going.I'm sure analysts will also be looking to see how Apple has navigated the chip shortage as we","content":"<p><b>Summary</b></p>\n<ul>\n <li>Shares go into report near all-time high.</li>\n <li>Estimates surge after two massive beats.</li>\n <li>Timing of product launches will shift revenue picture.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bdd5b8fd99a0523d96bf052afd8c1b37\" tg-width=\"1536\" tg-height=\"988\" width=\"100%\" height=\"auto\"><span>Nikada/iStock Unreleased via Getty Images</span></p>\n<p>After the bell on Tuesday, we'll receive fiscal third quarter results from technology giant Apple (AAPL) for its June ending period. With the company's previous two quarterly earnings reports smashing street estimates, it's not really a surprise that expectations have continued to rise. With shares rallying in recent weeks to new all-time highs, another strong report will likely be needed to keep things going.</p>\n<p>For the first half of fiscal 2021, Apple's revenues have beaten street estimates by an average of $10.25 billion per quarter. The fiscal Q3 current average estimate is $73.44 billion, which would represent growth of more than 23% from the year-ago period. It's quite impressive that the current average is up more than $13 billion over the past year. On the bottom line, the street is looking for $1.01, growth of more than 56%. In the table below, you can see some Q3 key financial items for the past two years, with the current estimates for this year's period in yellow. Dollar values are millions except per share amounts.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df8630a7ef0be70113aeac0d50265a57\" tg-width=\"476\" tg-height=\"361\" width=\"100%\" height=\"auto\"><span>(*Numbers estimated based on last year's split. Actual numbers to come from the company. Source: Fiscal Q3 2020 report)</span></p>\n<p>Apple is comingoff arguably its best quarter ever. Revenues for the iPhone were up more than 65.5% over the prior-year period, with the Mac up more than 70% and iPad up nearly 79%. Fiscal Q2 overall revenue growth was nearly 54%, so this time around we're looking for about 40% of that figure. Don't forget, on the Q2 conference call, management talked about a $3 billion to $4 billion revenue hit in the June period from supply constraints.</p>\n<p>I'm most curious to see how the iPhone does this time around, as it appears that the 5G supercycle seems to be going pretty well. This year, however, most expectations are that the smartphone will return to its usual September launch period, meaning new phone revenues would be generated in fiscal Q4 again. Last year's coronavirus delayed launch meant sales didn't start until well into October and even November for some models, completely changing the sales trajectory for Apple's current fiscal year. This year's launch isn't expected to see a major upgrade to the phone line itself, so demand trends will probably be more dependent on how many consumers are upgrading to 5G rather than switching to iPhones.</p>\n<p>I'm sure analysts will also be looking to see how Apple has navigated the chip shortage as well as soaring commodity prices. I don't think we will see a repeat of the 575 basis point increase in product gross margins that Q2 saw this time around, but the iPhone 12 line should still provide a nice year-over-year boost. In the long run, investors will look at growing services margins helping the gross margin percentage overall, but don't forget that the services side of the business has a lot of its expenses on the operating line.</p>\n<p>For the stock to stay elevated, management is going to need to show that work from home and stimulus money tailwinds are still ongoing. As I discussed in a previous article, estimates call for Apple to see quarterly revenues decline for its March 2022 fiscal period, as the company laps very high previous year bars. While that might bring out some of the bears again, the long-term trajectory still seems positive. Current estimates call for $355 billion in total revenue during this fiscal year with Apple adding another $50 billion to that total over the next three years.</p>\n<p>I hope that management took advantage of the weakness in Apple shares during the quarter for its buyback. Even though the company is spending $20 billion or so every three months, that money doesn't go as far as $145 as it does at $125, obviously. Less shares repurchased means less of an earnings per share benefit, and lower long-term dividend raises. The good news is that Apple is on its way towards $100 billion a year in free cash flow, so investors don't need to worry about capital returns slowing down anytime soon.</p>\n<p>The major issue for Apple right now is valuation. Shares finished last week trading at 33.4 times their trailing twelve-month earnings. That's basically double the mid-teens numbers from a couple of years ago, helped a lot by easy-money policies around the globe. My current price target of $162 is based on a 30X multiple of $5.40 in EPS for the September 2022 period. That number, however, assumes that the Fed and other central banks will remain fairly accommodative through most of next year. If we start to get a lot of tapering and or rate hikes earlier than expected, the overall market is likely to feel some pain, and I don't see how Apple would be immune from that.</p>\n<p>A strong report from Apple could easily help shares to rise to a new all-time high. But just to play devil's advocate for a minute, what if there is a disappointment or a \"buy the rumor, sell the news\" reaction? Well, shares are quite a bit above their key moving averages as seen in the chart below (50-day in purple, 200-day in orange). As long as Apple can hold the shorter-term trend line, that rising technical level should be one of support. The stock has been able to hold the long-term trend line for quite a while, so I don't see any more than about 14% downside in the near term unless we get a major market pullback.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc37ee144edb22fd36fcd15cf5fc3470\" tg-width=\"640\" tg-height=\"273\" width=\"100%\" height=\"auto\"><span>(Source: Yahoo! Finance)</span></p>\n<p>In the end, expectations for Apple are very high as earnings approach this week. Two massive quarterly beats have sent estimates through the roof, and the stock has recently run to a new all-time high. The market will be looking for signs that the iPhone supercycle has continued while work from home tailwinds have not subsided just yet. Investors hoping that this rally can continue will need to see a strong report, with management hopefully painting a bright sales picture for upcoming fall product launches.</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>Apple Earnings Face High Expectations</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\">\nApple Earnings Face High Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 23:30 GMT+8 <a href=https://seekingalpha.com/article/4441375-apple-earnings-face-high-expectations><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nShares go into report near all-time high.\nEstimates surge after two massive beats.\nTiming of product launches will shift revenue picture.\n\nNikada/iStock Unreleased via Getty Images\nAfter the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4441375-apple-earnings-face-high-expectations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4441375-apple-earnings-face-high-expectations","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100647798","content_text":"Summary\n\nShares go into report near all-time high.\nEstimates surge after two massive beats.\nTiming of product launches will shift revenue picture.\n\nNikada/iStock Unreleased via Getty Images\nAfter the bell on Tuesday, we'll receive fiscal third quarter results from technology giant Apple (AAPL) for its June ending period. With the company's previous two quarterly earnings reports smashing street estimates, it's not really a surprise that expectations have continued to rise. With shares rallying in recent weeks to new all-time highs, another strong report will likely be needed to keep things going.\nFor the first half of fiscal 2021, Apple's revenues have beaten street estimates by an average of $10.25 billion per quarter. The fiscal Q3 current average estimate is $73.44 billion, which would represent growth of more than 23% from the year-ago period. It's quite impressive that the current average is up more than $13 billion over the past year. On the bottom line, the street is looking for $1.01, growth of more than 56%. In the table below, you can see some Q3 key financial items for the past two years, with the current estimates for this year's period in yellow. Dollar values are millions except per share amounts.\n(*Numbers estimated based on last year's split. Actual numbers to come from the company. Source: Fiscal Q3 2020 report)\nApple is comingoff arguably its best quarter ever. Revenues for the iPhone were up more than 65.5% over the prior-year period, with the Mac up more than 70% and iPad up nearly 79%. Fiscal Q2 overall revenue growth was nearly 54%, so this time around we're looking for about 40% of that figure. Don't forget, on the Q2 conference call, management talked about a $3 billion to $4 billion revenue hit in the June period from supply constraints.\nI'm most curious to see how the iPhone does this time around, as it appears that the 5G supercycle seems to be going pretty well. This year, however, most expectations are that the smartphone will return to its usual September launch period, meaning new phone revenues would be generated in fiscal Q4 again. Last year's coronavirus delayed launch meant sales didn't start until well into October and even November for some models, completely changing the sales trajectory for Apple's current fiscal year. This year's launch isn't expected to see a major upgrade to the phone line itself, so demand trends will probably be more dependent on how many consumers are upgrading to 5G rather than switching to iPhones.\nI'm sure analysts will also be looking to see how Apple has navigated the chip shortage as well as soaring commodity prices. I don't think we will see a repeat of the 575 basis point increase in product gross margins that Q2 saw this time around, but the iPhone 12 line should still provide a nice year-over-year boost. In the long run, investors will look at growing services margins helping the gross margin percentage overall, but don't forget that the services side of the business has a lot of its expenses on the operating line.\nFor the stock to stay elevated, management is going to need to show that work from home and stimulus money tailwinds are still ongoing. As I discussed in a previous article, estimates call for Apple to see quarterly revenues decline for its March 2022 fiscal period, as the company laps very high previous year bars. While that might bring out some of the bears again, the long-term trajectory still seems positive. Current estimates call for $355 billion in total revenue during this fiscal year with Apple adding another $50 billion to that total over the next three years.\nI hope that management took advantage of the weakness in Apple shares during the quarter for its buyback. Even though the company is spending $20 billion or so every three months, that money doesn't go as far as $145 as it does at $125, obviously. Less shares repurchased means less of an earnings per share benefit, and lower long-term dividend raises. The good news is that Apple is on its way towards $100 billion a year in free cash flow, so investors don't need to worry about capital returns slowing down anytime soon.\nThe major issue for Apple right now is valuation. Shares finished last week trading at 33.4 times their trailing twelve-month earnings. That's basically double the mid-teens numbers from a couple of years ago, helped a lot by easy-money policies around the globe. My current price target of $162 is based on a 30X multiple of $5.40 in EPS for the September 2022 period. That number, however, assumes that the Fed and other central banks will remain fairly accommodative through most of next year. If we start to get a lot of tapering and or rate hikes earlier than expected, the overall market is likely to feel some pain, and I don't see how Apple would be immune from that.\nA strong report from Apple could easily help shares to rise to a new all-time high. But just to play devil's advocate for a minute, what if there is a disappointment or a \"buy the rumor, sell the news\" reaction? Well, shares are quite a bit above their key moving averages as seen in the chart below (50-day in purple, 200-day in orange). As long as Apple can hold the shorter-term trend line, that rising technical level should be one of support. The stock has been able to hold the long-term trend line for quite a while, so I don't see any more than about 14% downside in the near term unless we get a major market pullback.\n(Source: Yahoo! Finance)\nIn the end, expectations for Apple are very high as earnings approach this week. Two massive quarterly beats have sent estimates through the roof, and the stock has recently run to a new all-time high. The market will be looking for signs that the iPhone supercycle has continued while work from home tailwinds have not subsided just yet. Investors hoping that this rally can continue will need to see a strong report, with management hopefully painting a bright sales picture for upcoming fall product launches.","news_type":1},"isVote":1,"tweetType":1,"viewCount":373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177896508,"gmtCreate":1627192990504,"gmtModify":1703485403156,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Hmmm…interesting views.","listText":"Hmmm…interesting views.","text":"Hmmm…interesting views.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/177896508","repostId":"2153878189","repostType":2,"repost":{"id":"2153878189","pubTimestamp":1627179426,"share":"https://ttm.financial/m/news/2153878189?lang=&edition=fundamental","pubTime":"2021-07-25 10:17","market":"us","language":"en","title":"Amazon's stock looks tired. Consider buying shares of these five fast-growing e-commerce plays instead","url":"https://stock-news.laohu8.com/highlight/detail?id=2153878189","media":"MarketWatch","summary":"Amazon started the internet-retail revolution. Five other companies, including Sea and Coupang, are taking it further. Jeff Bezos has plenty of achievements under his belt, the most recent being his extraterrestrial excursion.But Amazon.com shareholders may not be so impressed. Bipartisan talk of antitrust actions against the e-commerce giant could mean that Amazon’s dominance could begin to face challenges from Washington. That comes as Bezos handed off the CEO role to Andy Jassy earlier this m","content":"<p>Amazon started the internet-retail revolution. Five other companies, including Sea and Coupang, are taking it further</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e897e40f58935774b2ab4c3f6bdce36a\" tg-width=\"700\" tg-height=\"392\" width=\"100%\" height=\"auto\"><span>Sea Ltd.'s Shopee e-commerce platform.</span></p>\n<p>Jeff Bezos has plenty of achievements under his belt, the most recent being his extraterrestrial excursion.</p>\n<p>But Amazon.com shareholders may not be so impressed. Bipartisan talk of antitrust actions against the e-commerce giant could mean that Amazon’s dominance could begin to face challenges from Washington. That comes as Bezos handed off the CEO role to Andy Jassy earlier this month.</p>\n<p>Shares of Amazon have underperformed the tech-heavy Nasdaq 100 and the S&P 500 in 2021, even as the coronavirus pandemic forced Americans to rely on its service during the darkest days.</p>\n<p>Given all this, it is worth considering e-commerce alternatives if you’re worried that Amazon’s best days are behind it.</p>\n<p>Here are five smaller high-growth companies you may want to research:</p>\n<p><b>Sea</b></p>\n<p>Shares of Sea Ltd. are up about 45% in 2021, hitting new all-time highs as it continues its aggressive growth across Asia and Latin America.</p>\n<p>The Singapore-based company has a broad business model capitalizing on e-commerce and digital retail operations around the world. That includes its Garena digital entertainment platform that publishes video games and offers e-sports tie-ins, the Shopee e-commerce platform and SeaMoney digital financial services that include mobile payment services.</p>\n<p>Sea was a darling in 2020 as it rode the “stay at home trade” to great success. Revenue doubled year over year in 2020 to $4.4 billion, and the company’s momentum was the envy of Wall Street as Sea stock racked up roughly 640% gains on the calendar year.</p>\n<p>But the fundamentals shown by Sea in 2021 hint that the surge in share prices were justified. Consider that in its first-quarter report in May, revenue surged by about 150%— while gross profit tripled year over year.</p>\n<p>With its next earnings report scheduled for mid-August, Sea stock could see another leg up as it continues to prove Amazon isn’t the only e-commerce name worth watching.</p>\n<p><b>Coupang</b></p>\n<p>While Sea has been a cult stock for a while in some circles, one Asian e-commerce stock that is still flying under the radar for many is Korea-based Coupang Inc.. South Korea’s biggest e-commerce company began trading in March after an IPO that raised $4.6 billion, but since then shares have drifted lower — and other cult-like stocks have won all the attention.</p>\n<p>If you haven’t yet heard of Coupang, its model should be quite familiar. It sells various products including home goods, apparel, beauty products, sporting goods and electronics. It’s also looking beyond these tried-and-true categories to include a focus on fresh food and groceries, as well as services including travel and restaurant delivery.</p>\n<p>Though the fundamentals are light given its recent debut, the numbers we have do show this regional e-tailer is connecting in a big way in Korea. Namely, it saw net revenue growth of 74% in its first-quarter report in May, and gross profit up 70% year over year. Total customers grew 21%, and revenue per customer surged 44%.</p>\n<p>Admittedly, the total customer base in that quarter was just 16 million households — hardly Amazon-esque. And so far in 2021, share prices has slumped slightly, even though the S&P 500 has powered higher. But remember, this is a company that just raised $4.6 billion — with a “B” — and is serious about growth. Considering the language and logistical barriers to competition in the markets it serves that clearly have long-term growth potential, investors may want to consider the lull in Coupang shares a buying opportunity.</p>\n<p><b>MercadoLibre</b></p>\n<p>Taking a page out of the playbook of Silicon Valley stocks that boast high share prices and a refusal to split, MercadoLibre Inc. is currently trading well above four figures — and based on recent history, seems as if it’s likely to stay there.</p>\n<p>MercadoLibre stock has cooled off in 2021 and is sitting on a slight loss year to date, compared with an uptrend broadly for U.S. stocks. However, that’s after this Latin American stock racked up 200% gains last year. Argentina-based MercadoLibre is hardly slowing down, however, as in the first quarter it reported 70 million active users — an increase of 62% above the just over 43 million users in the prior year. Gross merchandise volume was up even more at a 77% year-over-year growth rate to just over $6 billion, compared with $3.4 billion in the first quarter of 2020.</p>\n<p>What’s really exciting for investors, however, is that the gains in core e-commerce transactions is supplemented by continued growth into financial services. MercadoLibre reported an impressive $2.9 billion in payment volume through its mobile wallet platform, and its Mercado Credito lending platform saw its portfolio grow to $576 million — more than doubling over the prior year.</p>\n<p>Amazon has taught e-commerce companies that dominating all aspects of the consumer experience is how to truly build a dominant operation. With MercadoLibre growing sales but also increasingly connecting on the financial side, it is setting up itself to be a force in Latin America — and a real competitor to even entrenched western e-commerce brands.</p>\n<p><b>Newegg</b></p>\n<p>Newegg Commerce Inc. is a consumer-electronics e-tailer that has a bit of a following in computer geek circles but largely has gone unnoticed by most consumers and investors. That is, until it spiked from $10 a share to a brief high above $60 a share in July.</p>\n<p>The inciting incident was news that Newegg would carry hard-to-get Nvidia graphics hardware, and theoretically see a big bump in revenue and profits as a result. However, Newegg may be proving that it is much more than just a tangential play piggybacking off Nvidia as it proves there is real value to specialty retailers that serve a specific audience — and can offer in-demand products instead of knock-offs propped up by fraudulent five-star reviews.</p>\n<p>Newegg went public via a SPAC, so it doesn’t have a lot of history to show investors just yet. But what little we know is proof that Newegg stock has potential. Consider it commands an impressive market share when it comes to core hardware items like PC processors, motherboards and the like. It also ranks as a top-five website worldwide when it comes to computer and electronics retailing sites, and is a go-to site for cryptocurrency miners as well as PC gamers.</p>\n<p>According to what we know about the financials, Newegg topped $2.1 billion in sales, thanks to its dominance in this profitable niche of computer components. And as evidenced by its recent Nvidia score, it has deep relationships with consumer electronics suppliers to ensure it is not just another Amazon clone selling cut-rate flat screens.</p>\n<p><b>Shopify</b></p>\n<p>If you’re interested in what life looks like for e-commerce beyond Amazon, look no further than Shopify Inc..This Canada-based tech company offers a platform for any company to build out web and mobile storefronts, integrate those operations into physical retail locations and then assist with the nitty gritty of inventory, shipping and payments.</p>\n<p>Shopify stock was one of those names that made a lot of headlines in 2020 as part of the pandemic-related surge in service providers made for social distancing. Shares surged from about $400 to $1,100 last year as a result of everyone looking to do business digitally. But in 2021, Shopify stock has tacked on almost 40% more, proving this is not just a COVID trade. After all, the e-commerce potential it helps merchants realize is real and lasting beyond the pandemic.</p>\n<p>Case in point:Fiscal first-quarter revenue growth reported at the end of April was a red hot 110%. But what long-term investors will like even more is that its subscription service metric MRR — that is, monthly recurring revenue — accelerated 62% year-over-year to prove that many of the initial spend on building out these platforms is sticking as clients maintain their Shopify presence.</p>\n<p>Shopify isn’t quite the scale of Amazon, but at $200 billion or so in market value right now with a comfortable operating profit to sustain it, investors who want to bet the field vs. Bezos & Co. could do worse than plug into Shopify stock.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon's stock looks tired. Consider buying shares of these five fast-growing e-commerce plays instead</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\">\nAmazon's stock looks tired. Consider buying shares of these five fast-growing e-commerce plays instead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-25 10:17 GMT+8 <a href=https://www.marketwatch.com/story/amazons-stock-looks-tired-consider-buying-shares-of-these-five-fast-growing-e-commerce-plays-instead-11627049582?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon started the internet-retail revolution. Five other companies, including Sea and Coupang, are taking it further\nSea Ltd.'s Shopee e-commerce platform.\nJeff Bezos has plenty of achievements under...</p>\n\n<a href=\"https://www.marketwatch.com/story/amazons-stock-looks-tired-consider-buying-shares-of-these-five-fast-growing-e-commerce-plays-instead-11627049582?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","SE":"Sea Ltd","MELI":"MercadoLibre","CPNG":"Coupang, Inc.","NEGG":"Newegg Comm Inc.","SHOP":"Shopify Inc"},"source_url":"https://www.marketwatch.com/story/amazons-stock-looks-tired-consider-buying-shares-of-these-five-fast-growing-e-commerce-plays-instead-11627049582?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153878189","content_text":"Amazon started the internet-retail revolution. Five other companies, including Sea and Coupang, are taking it further\nSea Ltd.'s Shopee e-commerce platform.\nJeff Bezos has plenty of achievements under his belt, the most recent being his extraterrestrial excursion.\nBut Amazon.com shareholders may not be so impressed. Bipartisan talk of antitrust actions against the e-commerce giant could mean that Amazon’s dominance could begin to face challenges from Washington. That comes as Bezos handed off the CEO role to Andy Jassy earlier this month.\nShares of Amazon have underperformed the tech-heavy Nasdaq 100 and the S&P 500 in 2021, even as the coronavirus pandemic forced Americans to rely on its service during the darkest days.\nGiven all this, it is worth considering e-commerce alternatives if you’re worried that Amazon’s best days are behind it.\nHere are five smaller high-growth companies you may want to research:\nSea\nShares of Sea Ltd. are up about 45% in 2021, hitting new all-time highs as it continues its aggressive growth across Asia and Latin America.\nThe Singapore-based company has a broad business model capitalizing on e-commerce and digital retail operations around the world. That includes its Garena digital entertainment platform that publishes video games and offers e-sports tie-ins, the Shopee e-commerce platform and SeaMoney digital financial services that include mobile payment services.\nSea was a darling in 2020 as it rode the “stay at home trade” to great success. Revenue doubled year over year in 2020 to $4.4 billion, and the company’s momentum was the envy of Wall Street as Sea stock racked up roughly 640% gains on the calendar year.\nBut the fundamentals shown by Sea in 2021 hint that the surge in share prices were justified. Consider that in its first-quarter report in May, revenue surged by about 150%— while gross profit tripled year over year.\nWith its next earnings report scheduled for mid-August, Sea stock could see another leg up as it continues to prove Amazon isn’t the only e-commerce name worth watching.\nCoupang\nWhile Sea has been a cult stock for a while in some circles, one Asian e-commerce stock that is still flying under the radar for many is Korea-based Coupang Inc.. South Korea’s biggest e-commerce company began trading in March after an IPO that raised $4.6 billion, but since then shares have drifted lower — and other cult-like stocks have won all the attention.\nIf you haven’t yet heard of Coupang, its model should be quite familiar. It sells various products including home goods, apparel, beauty products, sporting goods and electronics. It’s also looking beyond these tried-and-true categories to include a focus on fresh food and groceries, as well as services including travel and restaurant delivery.\nThough the fundamentals are light given its recent debut, the numbers we have do show this regional e-tailer is connecting in a big way in Korea. Namely, it saw net revenue growth of 74% in its first-quarter report in May, and gross profit up 70% year over year. Total customers grew 21%, and revenue per customer surged 44%.\nAdmittedly, the total customer base in that quarter was just 16 million households — hardly Amazon-esque. And so far in 2021, share prices has slumped slightly, even though the S&P 500 has powered higher. But remember, this is a company that just raised $4.6 billion — with a “B” — and is serious about growth. Considering the language and logistical barriers to competition in the markets it serves that clearly have long-term growth potential, investors may want to consider the lull in Coupang shares a buying opportunity.\nMercadoLibre\nTaking a page out of the playbook of Silicon Valley stocks that boast high share prices and a refusal to split, MercadoLibre Inc. is currently trading well above four figures — and based on recent history, seems as if it’s likely to stay there.\nMercadoLibre stock has cooled off in 2021 and is sitting on a slight loss year to date, compared with an uptrend broadly for U.S. stocks. However, that’s after this Latin American stock racked up 200% gains last year. Argentina-based MercadoLibre is hardly slowing down, however, as in the first quarter it reported 70 million active users — an increase of 62% above the just over 43 million users in the prior year. Gross merchandise volume was up even more at a 77% year-over-year growth rate to just over $6 billion, compared with $3.4 billion in the first quarter of 2020.\nWhat’s really exciting for investors, however, is that the gains in core e-commerce transactions is supplemented by continued growth into financial services. MercadoLibre reported an impressive $2.9 billion in payment volume through its mobile wallet platform, and its Mercado Credito lending platform saw its portfolio grow to $576 million — more than doubling over the prior year.\nAmazon has taught e-commerce companies that dominating all aspects of the consumer experience is how to truly build a dominant operation. With MercadoLibre growing sales but also increasingly connecting on the financial side, it is setting up itself to be a force in Latin America — and a real competitor to even entrenched western e-commerce brands.\nNewegg\nNewegg Commerce Inc. is a consumer-electronics e-tailer that has a bit of a following in computer geek circles but largely has gone unnoticed by most consumers and investors. That is, until it spiked from $10 a share to a brief high above $60 a share in July.\nThe inciting incident was news that Newegg would carry hard-to-get Nvidia graphics hardware, and theoretically see a big bump in revenue and profits as a result. However, Newegg may be proving that it is much more than just a tangential play piggybacking off Nvidia as it proves there is real value to specialty retailers that serve a specific audience — and can offer in-demand products instead of knock-offs propped up by fraudulent five-star reviews.\nNewegg went public via a SPAC, so it doesn’t have a lot of history to show investors just yet. But what little we know is proof that Newegg stock has potential. Consider it commands an impressive market share when it comes to core hardware items like PC processors, motherboards and the like. It also ranks as a top-five website worldwide when it comes to computer and electronics retailing sites, and is a go-to site for cryptocurrency miners as well as PC gamers.\nAccording to what we know about the financials, Newegg topped $2.1 billion in sales, thanks to its dominance in this profitable niche of computer components. And as evidenced by its recent Nvidia score, it has deep relationships with consumer electronics suppliers to ensure it is not just another Amazon clone selling cut-rate flat screens.\nShopify\nIf you’re interested in what life looks like for e-commerce beyond Amazon, look no further than Shopify Inc..This Canada-based tech company offers a platform for any company to build out web and mobile storefronts, integrate those operations into physical retail locations and then assist with the nitty gritty of inventory, shipping and payments.\nShopify stock was one of those names that made a lot of headlines in 2020 as part of the pandemic-related surge in service providers made for social distancing. Shares surged from about $400 to $1,100 last year as a result of everyone looking to do business digitally. But in 2021, Shopify stock has tacked on almost 40% more, proving this is not just a COVID trade. After all, the e-commerce potential it helps merchants realize is real and lasting beyond the pandemic.\nCase in point:Fiscal first-quarter revenue growth reported at the end of April was a red hot 110%. But what long-term investors will like even more is that its subscription service metric MRR — that is, monthly recurring revenue — accelerated 62% year-over-year to prove that many of the initial spend on building out these platforms is sticking as clients maintain their Shopify presence.\nShopify isn’t quite the scale of Amazon, but at $200 billion or so in market value right now with a comfortable operating profit to sustain it, investors who want to bet the field vs. Bezos & Co. could do worse than plug into Shopify stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171914872,"gmtCreate":1626702294196,"gmtModify":1703763622448,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Looking forward to the day when travel is ppossible again.","listText":"Looking forward to the day when travel is ppossible again.","text":"Looking forward to the day when travel is ppossible again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171914872","repostId":"2152655423","repostType":2,"repost":{"id":"2152655423","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626701040,"share":"https://ttm.financial/m/news/2152655423?lang=&edition=fundamental","pubTime":"2021-07-19 21:24","market":"us","language":"en","title":"Airline stocks suffer broad selloff as surge in delta variant stokes fears of potential travel restrictions","url":"https://stock-news.laohu8.com/highlight/detail?id=2152655423","media":"Dow Jones","summary":"MW Airline stocks suffer broad selloff as surge in delta variant stokes fears of potential travel re","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Airline stocks suffer broad selloff as surge in delta variant stokes fears of potential travel restrictions\n</p>\n<p>\n Airline stocks were suffering a broad selloff ahead of Monday's open, amid a big drop in the broader stock market fell 5.3%. The selloff in air carrier stocks comes as futures for the S&P 500 dropped 1.3%. \n</p>\n<p>\n -Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 19, 2021 09:24 ET (13:24 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Airline stocks suffer broad selloff as surge in delta variant stokes fears of potential travel restrictions</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\">\nAirline stocks suffer broad selloff as surge in delta variant stokes fears of potential travel restrictions\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-19 21:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Airline stocks suffer broad selloff as surge in delta variant stokes fears of potential travel restrictions\n</p>\n<p>\n Airline stocks were suffering a broad selloff ahead of Monday's open, amid a big drop in the broader stock market fell 5.3%. The selloff in air carrier stocks comes as futures for the S&P 500 dropped 1.3%. \n</p>\n<p>\n -Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 19, 2021 09:24 ET (13:24 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","JETS":"U.S. Global Jets ETF","OEX":"标普100","AAL":"美国航空",".SPX":"S&P 500 Index","JBLU":"捷蓝航空","UPRO":"三倍做多标普500ETF","SAVE":"Spirit Airlines","SH":"标普500反向ETF","LUV":"西南航空","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","SDS":"两倍做空标普500ETF","DAL":"达美航空","UAL":"联合大陆航空"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152655423","content_text":"MW Airline stocks suffer broad selloff as surge in delta variant stokes fears of potential travel restrictions\n\n\n Airline stocks were suffering a broad selloff ahead of Monday's open, amid a big drop in the broader stock market fell 5.3%. The selloff in air carrier stocks comes as futures for the S&P 500 dropped 1.3%. \n\n\n -Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n July 19, 2021 09:24 ET (13:24 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147738180,"gmtCreate":1626390826740,"gmtModify":1703759072978,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Oh dear","listText":"Oh dear","text":"Oh dear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147738180","repostId":"2151416573","repostType":2,"repost":{"id":"2151416573","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626380188,"share":"https://ttm.financial/m/news/2151416573?lang=&edition=fundamental","pubTime":"2021-07-16 04:16","market":"fut","language":"en","title":"LIVE MARKETS-Wall Street loses steam, burdened by tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2151416573","media":"Reuters","summary":"* S&P, Nasdaq close lower; Dow posts nominal advance * Energy weakest major S&P sector; utilities ","content":"<html><body><p>* S&P, Nasdaq close lower; Dow posts nominal advance</p><p> * Energy weakest major S&P sector; utilities lead gainers</p><p> * Dollar, gold up; crude, bitcoin slip</p><p> * U.S. 10-Year Treasury yield ~1.30%</p><p> July 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p> WALL STREET LOSES STEAM, BURDENED BY TECH (1615 EDT/2015 GMT)</p><p> Wall Street lost altitude on Wednesday as investors digested a mixed bag of data and Fed Chairman Jerome Powell sang another verse of his \"inflation is transitory\" song in his second straight day of congressional testimony.</p><p> The S&P and the Nasdaq ended the session in negative territory, weighed down by market-leading tech- and tech-adjacent stocks such as Nvidia Corp , Amazon.com</p><p> , Microsoft Corp , Apple Inc , <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc and Alphabet Inc . </p><p> The Dow squeaked by, closing barely green.</p><p> Utilities advanced 1.2%, leading the gainers by a substantial margin, benefiting from falling Treasury yields and the prospect of another brutal heatwave striking the western United States.</p><p> A spate of data showed jobless claims hitting a 16-month low amid an ongoing worker shortage and factory output hamstrung by the continuing demand/supply imbalance. </p><p> Powell faced the Senate Banking Committee, where he reiterated the central bank's vows to support the economic revival and repeated his assurances that the current inflation wave is temporary. </p><p> The Fed Chair's dovish refrain helped push Treasury yields to <a href=\"https://laohu8.com/S/AONE.U\">one</a>-week lows. </p><p> Second-quarter earnings season approaches the end of its first week, with <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and UnitedHealth Group</p><p> among companies having their turn at bat on Thursday.</p><p> Morgan Stanley surprised profit expectations to the upside, but a slowdown in trading left investors unimpressed. The stock eked out a 0.2% gain on the day. </p><p> UnitedHealth advanced 1.3%, providing the biggest boost to the Dow in the wake of its beat-and-raise report in which it noted a post-pandemic upswing in non-urgent care. </p><p> Here's your closing snapshot:</p><p> (Stephen Culp)</p><p> *****</p><p> BITCOIN AT $30,000 IS SOLID SUPPORT, BUT $25,000 BET IN OPTIONS EMERGE (1427 EDT/1627 GMT)</p><p> Pankaj Balani, chief executive officer at derivatives trading platform Delta Exchange said $30,000 remains a strong support for bitcoin in the options market, given that it's the most sold strike for July and August on the downside.</p><p> That said, Balani pointed out that below $30,000, strikes at $25,000 have emerged though with lower open interest.</p><p> \"Bitcoin has been in a consolidation phase and is trying to settle in the $30,000-$40,000 range,\" Balani said. \"Overall, the risk of downside below $30,000 on bitcoin is much higher now than what it was in the month of May and June.\" </p><p> Implied volatility, meanwhile, is being crushed as the market continues to trade in a tight range. Balani said if the market continues to languish, option sellers will become aggressive and continue selling the upside much more than the downside. That has been happening already, he added. He noted that implied vols are down for both the July and August expiries.</p><p> Bitcoin was last down around 4.4% at $31,396 .</p><p> (Gertrude Chavez-Dreyfuss)</p><p> *****</p><p> \"NEGLECTED\" LATAM EQUITIES' TIME TO SHINE? (1415 EDT/1815 GMT)</p><p> It has been a rough decade for Latin American equity markets, as economic woes and political unrest have unsettled investors in the region. However, the Developing Markets team at Invesco thinks it may be time for a rebound. </p><p> Indeed, MSCI's Latin America stocks index has declined nearly 40% in the last 10 years, compared with a 18% rise in the emerging market benchmark . </p><p> Invesco notes LatAm stocks now make up less than 8% of the weight of the MSCI Emerging Markets Index - less than the combined weightage of Tencent and Alibaba. </p><p> \"In our view, this neglect creates conditions — though not certainties — for opportunity,\" Invesco's Justin Leverenz wrote in a July 14 note. </p><p> Rising commodity prices and a strong outlook for the mining sector, especially given rising demand for \"green metals\" like copper and cobalt, should boost Latin American stocks and currencies, potentially aided by a weaker dollar. </p><p> With this in mind, Invesco has exposure to Brazilian miner Vale and Mexico's largest copper producer Grupo Mexico < GMEXICOB.MX.> </p><p> Technology is another driver of Invesco's thesis, based on the rise of fintech, e-commerce and other tech services in countries like Brazil. The tech industry will provide job growth and investment opportunity in the region, according to Leverenz.</p><p> \"Five of the new entrants in Latin America’s top market capitalization giants in the past decade have come from e-commerce and fintech, there are likely more to come as cozy oligopolies in banking and retail get shaken up around the region,\" he writes. </p><p> Finally, when assessing the political landscape, Invesco thinks reasonably stable central banks and political divisions should prevent a drift into \"no-go zones of macroeconomic stability,\" while voters are unlikely to completely reject capitalism-friendly policies. </p><p> So far in 2021, MSCI's Latin America index is up 6%. </p><p> (Lisa Mattackal)</p><p> *****</p><p> MEANWHILE, IN WASHINGTON... (1255 EDT/1655 GMT) </p><p> Earnings season is well afoot, economic data is providing a flood of information regarding the state of the U.S. economic recovery, and investors are keeping a wary eye on the growing threat of the Delta COVID-19 variant.</p><p> But goings-on in the U.S. Capitol building remain on market participants' radar.</p><p> U.S. Federal Reserve Chairman Jerome Powell is spending his second day testifying before Congress, and the Senate Banking Committee has the latest honor. </p><p> While Powell largely stuck to his \"inflation is transitory\" script, he faced grilling from both sides of the aisle. </p><p> Pennsylvania Republican Pat Toomey called the central bank's ongoing purchases of mortgage-backed securities \"puzzling\" in view of skyrocketing home prices, while committee chair Sherrod Brown, Democrat from Ohio, challenged Powell over weakening bank regulations, saying \"the Fed has rolled back important safeguards making it easier for the banks to pump up the price of their stock.\"</p><p> U.S. Treasury yields fell as Powell held his dovish ground.</p><p> Partisan wrangling over an infrastructure bill rolled on, with U.S. Senate Majority leader Chuck Schumer setting up the first floor debate on a $1.2 trillion package, while also urging fellow Democrats to move on a larger $3.5 trillion budget package, which includes spending on climate measures and beefs up social spending. </p><p> For his part, Senate Minority leader Mitch McConnell said in a Fox News interview on Thursday that every Republican senator would vote against the larger measure. </p><p> Industrials and materials , which stand to gain from increased infrastructure expenditures, were both green at last glance.</p><p> (Stephen Culp)</p><p> *****</p><p> EUROPE CLOSES IN FAMILIAR TERRITORY (1145 EDT/1545 GMT) </p><p> There are quite a lot of factors which can help explain today's 1% retreat for European stocks and the spread of the Delta variant is a big one, coupled with the ongoing bond rally and 'peak growth' fears. </p><p> The big bulk of the market price action took place within the energy sector with the index losing close to 3% and briefly hitting lows not seen since February. </p><p> Rising U.S. fuel stocks are raising concerns over the demand in the world's largest economy as you can read here:</p><p> Then again, at about 455 points, the pan-European STOXX 600 is in very familiar territory. </p><p> \"It's been another negative day for European markets, as they continue to trade in the range they’ve broadly been in for the past few months\", commented Michael Hewson at CMC Markets UK. </p><p> As you can see below, the STOXX 600 has spent most of the last 30 sessions hovering between 450 and 461 points.</p><p> (Julien Ponthus) </p><p> *****</p><p> 'FIT FOR 55' PACKAGE: UNFIT FOR AIRLINES, BOOST FOR GREEN ENERGY MAJORS (1118 EDT/1518 GMT)</p><p> Just when you thought airlines stocks were recovering from the massive declines last year, the spread of the Delta variant across Europe is threatening to stall the recovery. It doesn't stop there. European Union's mega climate plan unveiled on Wednesday ain't going to sit well with investors either. </p><p> The EU Commission, in what it called the 'Fit for 55' package, said aviation must do more to contribute to its goal to cut economy-wide net emissions by 55% by 2030, from 1990 levels.</p><p> Fuel costs are the biggest headache. Bernstein analysts say easyJet faces the biggest threat due to its higher level of free allowances on jet fuel and slower fleet transition. With lower margins, Air France KLM is also badly hit. New fleet and lower allowance, on the other hand, sets up Wizz Air</p><p> favorably. But overall, they are not confident airlines can pass on higher costs to consumers.</p><p> Meanwhile, a call to stop diesel and petrol cars will have a mixed impact on auto stocks. Equita analysts point out a few names. Faurecia's clean mobility division has no products for electric cars, Sogefi's filter division is likely to see OE business fade for ICE cars. Stocks exposed to car electrification like STMicroelectronics and Umicore will benefit. </p><p> Indeed, the companies most favored by the package will be Green Energy majors including EDP Renovaveis , RWE</p><p> , EDP , Enel . </p><p> On July 14, Goldman Sachs said in a research note that it expects a fourfold growth in annual RES (Renewable Energy Sources) and a surge in power grid investments.</p><p> (Sruthi Shankar)</p><p> *****</p><p> THE ECONOMY CHUGS ALONG, BUT IT'S TAKING THE LOCAL, NOT THE EXPRESS (1100 EDT/1500 GMT)</p><p> A maelstrom of data unleashed on Thursday appeared to back up Federal Reserve Chairman Jerome Powell's assertion that while the economy is on a track to recovery, it's nowhere arriving at \"back to normal.\" </p><p> A worker shortage and a steep demand/supply imbalance continue to leave their paw prints on the indicators.</p><p> The number of U.S. workers filing first-time applications for unemployment benefits last week fell by 26,000 to 360,000, hitting a 16-month low and the consensus bull's eye.</p><p> While claims have stayed below the 400,000 mark in recent weeks, they still hover above the 200,000 to 250,000 range associated with healthy labor market churn, suggesting that yanking the federal emergency unemployment supplements early (as at least 20 states led by Republican governors have done) hasn't yet prodded workers back to the labor force en masse. </p><p> About 9.5 million Americans remain unemployed, but there are also nearly that many job openings.</p><p> Still, early cancellation of federal benefits is having some effect on claims.</p><p> \"The early end to emergency benefits by some states is starting to become apparent in the data,\" writes Nancy Vanden Houten, lead U.S. economist at Oxford Economics (OE).</p><p> Ongoing claims, reported on a one-week delay, dipped more than expected, falling to 3.241 million.</p><p> Output by U.S. factories unexpectedly decreased by 0.1% in June, according to the Federal Reserve, marking a reversal from May's 0.9% growth, as tight chip supply weighed on automobile production. </p><p> The data reflects \"a 6.6% plunge in production of autos and parts, which has bounced around wildly in recent months, presumably in response to shortages of semiconductors,\" notes Ian Shepherdson, chief economist at Pantheon Macroeconomics. \"Growth clearly has moderated from (an) initial surge last spring, but autos aren’t the only sector struggling with tight supplies of key inputs.\"</p><p> In total, industrial production increased by 0.4% in June, slower than the 0.6% expected, and weaker than the 0.7% growth in May.</p><p> On the bright side, capacity utilization , a measure of economic slack, edged up 0.2 percentage points to 75.4, a hair below expectations.</p><p> This tension between strong demand and supply bottlenecks also contributed to a mixed picture Atlantic factory activity.</p><p> On the upside, manufacturing activity in New York State went to the races. The New York Fed's Empire State index zooming to a reading of 43, blowing past the 18 analysts expected.</p><p> On the other hand, the Philadelphia Federal Reserve's business index (aka Philly Fed) decelerated, dipping to 21.9, well below the level of 28 projected by economists.</p><p> \"Both the Empire State and Philly Fed surveys suggest that price pressures are peaking,\" adds Shepherdson, \"with delivery times, unfilled orders and the price indexes all slipping a bit in recent months.\"</p><p> An Empire State/Philly Fed reading above zero signifies expansion from the previous month.</p><p> The Labor Department also reported that the cost of imported goods rose by 1% in June, cooling down from May's 1.4% pace, but still facing upward pressure from supply bottlenecks. </p><p> Gasoline, industrial supplies and food prices drove the increase. </p><p> \"While the surge in some commodity prices may be leveling off, the still-strong readings suggest elevated import price inflation will persist through 2021,\" says Mahir Rasheed, U.S. economist at OE. \"Strong domestic demand will keep a tight pull on imports, while stubborn supply disruptions will take time to fully resolve as virus constraints linger.\" </p><p> Year-over-year, while import prices are up a red-hot 11.2%, the latest data marks a slight deceleration from the previous month.</p><p> The graphic below shows how import prices stack up against other major indicators relative to the Federal Reserve's average annual 2% inflation target:</p><p> Chips were not only the ghost in the U.S. factory machine, but they are also haunting Wall Street on Thursday.</p><p> While the three major U.S. stock indexes are mixed in morning-trade, the Philadelphia SE Semiconductor index is sharply underperforming.</p><p> (Stephen Culp)</p><p> *****</p><p> S&P 500 CAUGHT IN A TRAP? (1001 EDT/1401 GMT)</p><p> Major U.S. indexes are modestly red in early trade. That said, FANG stocks are gaining. The NYSE FANG+TM index is up, and once again flirting with its 7,329.08 February record-high close. </p><p> This follows the latest batch of quarterly corporate earnings reports, and data showing the number of Americans filing new claims for unemployment benefits fell last week as expected. </p><p> Although the S&P 500 is now on pace to end a 3-week winning streak, it is also trapped in an especially narrow range this week. In fact, the benchmark index is on track for its tightest weekly range as a percentage of the prior week's close since late December 2019. Thus, traders are on guard for a pick-up in volatility, and a breakout one way or the other. Of note, the VIX is attempting to rise for a second-straight week.</p><p> Meanwhile, Fed Chair Powell will be concluding his testimony in front of Congress today. On Wednesday, he said he was confident recent price hikes were associated with the country's post-pandemic reopening and would fade. </p><p> Here is an early-trade snapshot:</p><p> (Terence Gabriel)</p><p> *****</p><p> RECENT CHIP STOCK LAG MAY SOON SPLINTER NASDAQ (0910 EDT/1310 GMT)</p><p> The Philadelphia SE Semiconductor index has been a 2021 leader. In fact, this index is up nearly 18% year-to-date vs a rise of about 14% for the Nasdaq Composite .</p><p> However, after hitting its highest level in more than 15 years in early April , the SOX/IXIC ratio has struggled:</p><p> Generally, traders want to see this key sub-sector within tech outperforming to add confidence in the sustainability of the Nasdaq's rise. However, with chips now lagging, it may be a warning sign that the Composite's recent relatively smooth advance to fresh record highs, may soon splinter. </p><p> Just looking back to early 2018, multi-week/multi-month periods of SOX/IXIC ratio divergence preceded a number of significant periods of instability in the Composite.</p><p> Most recently, as the IXIC was making new highs in late April, the SOX/IXIC ratio failed to confirm the move. The Composite then declined more than 8% into its mid-May trough.</p><p> Since bottoming in mid-May, the Nasdaq has enjoyed a near-14% advance to new highs. However, the SOX is once again underperforming. In fact, the index is down in July, and on track for its biggest monthly percentage fall since March 2020.</p><p> (Terence Gabriel)</p><p> *****</p><p> FOR THURSDAY'S LIVE MARKETS' POSTS PRIOR TO 0905 EDT/1305 GMT - CLICK HERE: </p><p> <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SOX07152021 earlytrade07152021 Jobless claims Industrial output Empire State and Philly Fed Inflation STOXX Closing snapshot </p><p> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^></p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LIVE MARKETS-Wall Street loses steam, burdened by tech</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLIVE MARKETS-Wall Street loses steam, burdened by tech\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-16 04:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* S&P, Nasdaq close lower; Dow posts nominal advance</p><p> * Energy weakest major S&P sector; utilities lead gainers</p><p> * Dollar, gold up; crude, bitcoin slip</p><p> * U.S. 10-Year Treasury yield ~1.30%</p><p> July 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p> WALL STREET LOSES STEAM, BURDENED BY TECH (1615 EDT/2015 GMT)</p><p> Wall Street lost altitude on Wednesday as investors digested a mixed bag of data and Fed Chairman Jerome Powell sang another verse of his \"inflation is transitory\" song in his second straight day of congressional testimony.</p><p> The S&P and the Nasdaq ended the session in negative territory, weighed down by market-leading tech- and tech-adjacent stocks such as Nvidia Corp , Amazon.com</p><p> , Microsoft Corp , Apple Inc , <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc and Alphabet Inc . </p><p> The Dow squeaked by, closing barely green.</p><p> Utilities advanced 1.2%, leading the gainers by a substantial margin, benefiting from falling Treasury yields and the prospect of another brutal heatwave striking the western United States.</p><p> A spate of data showed jobless claims hitting a 16-month low amid an ongoing worker shortage and factory output hamstrung by the continuing demand/supply imbalance. </p><p> Powell faced the Senate Banking Committee, where he reiterated the central bank's vows to support the economic revival and repeated his assurances that the current inflation wave is temporary. </p><p> The Fed Chair's dovish refrain helped push Treasury yields to <a href=\"https://laohu8.com/S/AONE.U\">one</a>-week lows. </p><p> Second-quarter earnings season approaches the end of its first week, with <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and UnitedHealth Group</p><p> among companies having their turn at bat on Thursday.</p><p> Morgan Stanley surprised profit expectations to the upside, but a slowdown in trading left investors unimpressed. The stock eked out a 0.2% gain on the day. </p><p> UnitedHealth advanced 1.3%, providing the biggest boost to the Dow in the wake of its beat-and-raise report in which it noted a post-pandemic upswing in non-urgent care. </p><p> Here's your closing snapshot:</p><p> (Stephen Culp)</p><p> *****</p><p> BITCOIN AT $30,000 IS SOLID SUPPORT, BUT $25,000 BET IN OPTIONS EMERGE (1427 EDT/1627 GMT)</p><p> Pankaj Balani, chief executive officer at derivatives trading platform Delta Exchange said $30,000 remains a strong support for bitcoin in the options market, given that it's the most sold strike for July and August on the downside.</p><p> That said, Balani pointed out that below $30,000, strikes at $25,000 have emerged though with lower open interest.</p><p> \"Bitcoin has been in a consolidation phase and is trying to settle in the $30,000-$40,000 range,\" Balani said. \"Overall, the risk of downside below $30,000 on bitcoin is much higher now than what it was in the month of May and June.\" </p><p> Implied volatility, meanwhile, is being crushed as the market continues to trade in a tight range. Balani said if the market continues to languish, option sellers will become aggressive and continue selling the upside much more than the downside. That has been happening already, he added. He noted that implied vols are down for both the July and August expiries.</p><p> Bitcoin was last down around 4.4% at $31,396 .</p><p> (Gertrude Chavez-Dreyfuss)</p><p> *****</p><p> \"NEGLECTED\" LATAM EQUITIES' TIME TO SHINE? (1415 EDT/1815 GMT)</p><p> It has been a rough decade for Latin American equity markets, as economic woes and political unrest have unsettled investors in the region. However, the Developing Markets team at Invesco thinks it may be time for a rebound. </p><p> Indeed, MSCI's Latin America stocks index has declined nearly 40% in the last 10 years, compared with a 18% rise in the emerging market benchmark . </p><p> Invesco notes LatAm stocks now make up less than 8% of the weight of the MSCI Emerging Markets Index - less than the combined weightage of Tencent and Alibaba. </p><p> \"In our view, this neglect creates conditions — though not certainties — for opportunity,\" Invesco's Justin Leverenz wrote in a July 14 note. </p><p> Rising commodity prices and a strong outlook for the mining sector, especially given rising demand for \"green metals\" like copper and cobalt, should boost Latin American stocks and currencies, potentially aided by a weaker dollar. </p><p> With this in mind, Invesco has exposure to Brazilian miner Vale and Mexico's largest copper producer Grupo Mexico < GMEXICOB.MX.> </p><p> Technology is another driver of Invesco's thesis, based on the rise of fintech, e-commerce and other tech services in countries like Brazil. The tech industry will provide job growth and investment opportunity in the region, according to Leverenz.</p><p> \"Five of the new entrants in Latin America’s top market capitalization giants in the past decade have come from e-commerce and fintech, there are likely more to come as cozy oligopolies in banking and retail get shaken up around the region,\" he writes. </p><p> Finally, when assessing the political landscape, Invesco thinks reasonably stable central banks and political divisions should prevent a drift into \"no-go zones of macroeconomic stability,\" while voters are unlikely to completely reject capitalism-friendly policies. </p><p> So far in 2021, MSCI's Latin America index is up 6%. </p><p> (Lisa Mattackal)</p><p> *****</p><p> MEANWHILE, IN WASHINGTON... (1255 EDT/1655 GMT) </p><p> Earnings season is well afoot, economic data is providing a flood of information regarding the state of the U.S. economic recovery, and investors are keeping a wary eye on the growing threat of the Delta COVID-19 variant.</p><p> But goings-on in the U.S. Capitol building remain on market participants' radar.</p><p> U.S. Federal Reserve Chairman Jerome Powell is spending his second day testifying before Congress, and the Senate Banking Committee has the latest honor. </p><p> While Powell largely stuck to his \"inflation is transitory\" script, he faced grilling from both sides of the aisle. </p><p> Pennsylvania Republican Pat Toomey called the central bank's ongoing purchases of mortgage-backed securities \"puzzling\" in view of skyrocketing home prices, while committee chair Sherrod Brown, Democrat from Ohio, challenged Powell over weakening bank regulations, saying \"the Fed has rolled back important safeguards making it easier for the banks to pump up the price of their stock.\"</p><p> U.S. Treasury yields fell as Powell held his dovish ground.</p><p> Partisan wrangling over an infrastructure bill rolled on, with U.S. Senate Majority leader Chuck Schumer setting up the first floor debate on a $1.2 trillion package, while also urging fellow Democrats to move on a larger $3.5 trillion budget package, which includes spending on climate measures and beefs up social spending. </p><p> For his part, Senate Minority leader Mitch McConnell said in a Fox News interview on Thursday that every Republican senator would vote against the larger measure. </p><p> Industrials and materials , which stand to gain from increased infrastructure expenditures, were both green at last glance.</p><p> (Stephen Culp)</p><p> *****</p><p> EUROPE CLOSES IN FAMILIAR TERRITORY (1145 EDT/1545 GMT) </p><p> There are quite a lot of factors which can help explain today's 1% retreat for European stocks and the spread of the Delta variant is a big one, coupled with the ongoing bond rally and 'peak growth' fears. </p><p> The big bulk of the market price action took place within the energy sector with the index losing close to 3% and briefly hitting lows not seen since February. </p><p> Rising U.S. fuel stocks are raising concerns over the demand in the world's largest economy as you can read here:</p><p> Then again, at about 455 points, the pan-European STOXX 600 is in very familiar territory. </p><p> \"It's been another negative day for European markets, as they continue to trade in the range they’ve broadly been in for the past few months\", commented Michael Hewson at CMC Markets UK. </p><p> As you can see below, the STOXX 600 has spent most of the last 30 sessions hovering between 450 and 461 points.</p><p> (Julien Ponthus) </p><p> *****</p><p> 'FIT FOR 55' PACKAGE: UNFIT FOR AIRLINES, BOOST FOR GREEN ENERGY MAJORS (1118 EDT/1518 GMT)</p><p> Just when you thought airlines stocks were recovering from the massive declines last year, the spread of the Delta variant across Europe is threatening to stall the recovery. It doesn't stop there. European Union's mega climate plan unveiled on Wednesday ain't going to sit well with investors either. </p><p> The EU Commission, in what it called the 'Fit for 55' package, said aviation must do more to contribute to its goal to cut economy-wide net emissions by 55% by 2030, from 1990 levels.</p><p> Fuel costs are the biggest headache. Bernstein analysts say easyJet faces the biggest threat due to its higher level of free allowances on jet fuel and slower fleet transition. With lower margins, Air France KLM is also badly hit. New fleet and lower allowance, on the other hand, sets up Wizz Air</p><p> favorably. But overall, they are not confident airlines can pass on higher costs to consumers.</p><p> Meanwhile, a call to stop diesel and petrol cars will have a mixed impact on auto stocks. Equita analysts point out a few names. Faurecia's clean mobility division has no products for electric cars, Sogefi's filter division is likely to see OE business fade for ICE cars. Stocks exposed to car electrification like STMicroelectronics and Umicore will benefit. </p><p> Indeed, the companies most favored by the package will be Green Energy majors including EDP Renovaveis , RWE</p><p> , EDP , Enel . </p><p> On July 14, Goldman Sachs said in a research note that it expects a fourfold growth in annual RES (Renewable Energy Sources) and a surge in power grid investments.</p><p> (Sruthi Shankar)</p><p> *****</p><p> THE ECONOMY CHUGS ALONG, BUT IT'S TAKING THE LOCAL, NOT THE EXPRESS (1100 EDT/1500 GMT)</p><p> A maelstrom of data unleashed on Thursday appeared to back up Federal Reserve Chairman Jerome Powell's assertion that while the economy is on a track to recovery, it's nowhere arriving at \"back to normal.\" </p><p> A worker shortage and a steep demand/supply imbalance continue to leave their paw prints on the indicators.</p><p> The number of U.S. workers filing first-time applications for unemployment benefits last week fell by 26,000 to 360,000, hitting a 16-month low and the consensus bull's eye.</p><p> While claims have stayed below the 400,000 mark in recent weeks, they still hover above the 200,000 to 250,000 range associated with healthy labor market churn, suggesting that yanking the federal emergency unemployment supplements early (as at least 20 states led by Republican governors have done) hasn't yet prodded workers back to the labor force en masse. </p><p> About 9.5 million Americans remain unemployed, but there are also nearly that many job openings.</p><p> Still, early cancellation of federal benefits is having some effect on claims.</p><p> \"The early end to emergency benefits by some states is starting to become apparent in the data,\" writes Nancy Vanden Houten, lead U.S. economist at Oxford Economics (OE).</p><p> Ongoing claims, reported on a one-week delay, dipped more than expected, falling to 3.241 million.</p><p> Output by U.S. factories unexpectedly decreased by 0.1% in June, according to the Federal Reserve, marking a reversal from May's 0.9% growth, as tight chip supply weighed on automobile production. </p><p> The data reflects \"a 6.6% plunge in production of autos and parts, which has bounced around wildly in recent months, presumably in response to shortages of semiconductors,\" notes Ian Shepherdson, chief economist at Pantheon Macroeconomics. \"Growth clearly has moderated from (an) initial surge last spring, but autos aren’t the only sector struggling with tight supplies of key inputs.\"</p><p> In total, industrial production increased by 0.4% in June, slower than the 0.6% expected, and weaker than the 0.7% growth in May.</p><p> On the bright side, capacity utilization , a measure of economic slack, edged up 0.2 percentage points to 75.4, a hair below expectations.</p><p> This tension between strong demand and supply bottlenecks also contributed to a mixed picture Atlantic factory activity.</p><p> On the upside, manufacturing activity in New York State went to the races. The New York Fed's Empire State index zooming to a reading of 43, blowing past the 18 analysts expected.</p><p> On the other hand, the Philadelphia Federal Reserve's business index (aka Philly Fed) decelerated, dipping to 21.9, well below the level of 28 projected by economists.</p><p> \"Both the Empire State and Philly Fed surveys suggest that price pressures are peaking,\" adds Shepherdson, \"with delivery times, unfilled orders and the price indexes all slipping a bit in recent months.\"</p><p> An Empire State/Philly Fed reading above zero signifies expansion from the previous month.</p><p> The Labor Department also reported that the cost of imported goods rose by 1% in June, cooling down from May's 1.4% pace, but still facing upward pressure from supply bottlenecks. </p><p> Gasoline, industrial supplies and food prices drove the increase. </p><p> \"While the surge in some commodity prices may be leveling off, the still-strong readings suggest elevated import price inflation will persist through 2021,\" says Mahir Rasheed, U.S. economist at OE. \"Strong domestic demand will keep a tight pull on imports, while stubborn supply disruptions will take time to fully resolve as virus constraints linger.\" </p><p> Year-over-year, while import prices are up a red-hot 11.2%, the latest data marks a slight deceleration from the previous month.</p><p> The graphic below shows how import prices stack up against other major indicators relative to the Federal Reserve's average annual 2% inflation target:</p><p> Chips were not only the ghost in the U.S. factory machine, but they are also haunting Wall Street on Thursday.</p><p> While the three major U.S. stock indexes are mixed in morning-trade, the Philadelphia SE Semiconductor index is sharply underperforming.</p><p> (Stephen Culp)</p><p> *****</p><p> S&P 500 CAUGHT IN A TRAP? (1001 EDT/1401 GMT)</p><p> Major U.S. indexes are modestly red in early trade. That said, FANG stocks are gaining. The NYSE FANG+TM index is up, and once again flirting with its 7,329.08 February record-high close. </p><p> This follows the latest batch of quarterly corporate earnings reports, and data showing the number of Americans filing new claims for unemployment benefits fell last week as expected. </p><p> Although the S&P 500 is now on pace to end a 3-week winning streak, it is also trapped in an especially narrow range this week. In fact, the benchmark index is on track for its tightest weekly range as a percentage of the prior week's close since late December 2019. Thus, traders are on guard for a pick-up in volatility, and a breakout one way or the other. Of note, the VIX is attempting to rise for a second-straight week.</p><p> Meanwhile, Fed Chair Powell will be concluding his testimony in front of Congress today. On Wednesday, he said he was confident recent price hikes were associated with the country's post-pandemic reopening and would fade. </p><p> Here is an early-trade snapshot:</p><p> (Terence Gabriel)</p><p> *****</p><p> RECENT CHIP STOCK LAG MAY SOON SPLINTER NASDAQ (0910 EDT/1310 GMT)</p><p> The Philadelphia SE Semiconductor index has been a 2021 leader. In fact, this index is up nearly 18% year-to-date vs a rise of about 14% for the Nasdaq Composite .</p><p> However, after hitting its highest level in more than 15 years in early April , the SOX/IXIC ratio has struggled:</p><p> Generally, traders want to see this key sub-sector within tech outperforming to add confidence in the sustainability of the Nasdaq's rise. However, with chips now lagging, it may be a warning sign that the Composite's recent relatively smooth advance to fresh record highs, may soon splinter. </p><p> Just looking back to early 2018, multi-week/multi-month periods of SOX/IXIC ratio divergence preceded a number of significant periods of instability in the Composite.</p><p> Most recently, as the IXIC was making new highs in late April, the SOX/IXIC ratio failed to confirm the move. The Composite then declined more than 8% into its mid-May trough.</p><p> Since bottoming in mid-May, the Nasdaq has enjoyed a near-14% advance to new highs. However, the SOX is once again underperforming. In fact, the index is down in July, and on track for its biggest monthly percentage fall since March 2020.</p><p> (Terence Gabriel)</p><p> *****</p><p> FOR THURSDAY'S LIVE MARKETS' POSTS PRIOR TO 0905 EDT/1305 GMT - CLICK HERE: </p><p> <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SOX07152021 earlytrade07152021 Jobless claims Industrial output Empire State and Philly Fed Inflation STOXX Closing snapshot </p><p> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^></p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQQQ":"纳指三倍做空ETF","QLD":"纳指两倍做多ETF","MS":"摩根士丹利","PSQ":"纳指反向ETF","GOOGL":"谷歌A","SDOW":"道指三倍做空ETF-ProShares","DDM":"道指两倍做多ETF","MSFT":"微软","AAPL":"苹果","09086":"华夏纳指-U","DXD":"道指两倍做空ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","QQQ":"纳指100ETF",".SPX":"S&P 500 Index","UNH":"联合健康","03086":"华夏纳指","QNETCN":"纳斯达克中美互联网老虎指数","NVDA":"英伟达","TQQQ":"纳指三倍做多ETF","UDOW":"道指三倍做多ETF-ProShares","QID":"纳指两倍做空ETF","DOG":"道指反向ETF","DJX":"1/100道琼斯","AMZN":"亚马逊"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151416573","content_text":"* S&P, Nasdaq close lower; Dow posts nominal advance * Energy weakest major S&P sector; utilities lead gainers * Dollar, gold up; crude, bitcoin slip * U.S. 10-Year Treasury yield ~1.30% July 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com WALL STREET LOSES STEAM, BURDENED BY TECH (1615 EDT/2015 GMT) Wall Street lost altitude on Wednesday as investors digested a mixed bag of data and Fed Chairman Jerome Powell sang another verse of his \"inflation is transitory\" song in his second straight day of congressional testimony. The S&P and the Nasdaq ended the session in negative territory, weighed down by market-leading tech- and tech-adjacent stocks such as Nvidia Corp , Amazon.com , Microsoft Corp , Apple Inc , Facebook Inc and Alphabet Inc . The Dow squeaked by, closing barely green. Utilities advanced 1.2%, leading the gainers by a substantial margin, benefiting from falling Treasury yields and the prospect of another brutal heatwave striking the western United States. A spate of data showed jobless claims hitting a 16-month low amid an ongoing worker shortage and factory output hamstrung by the continuing demand/supply imbalance. Powell faced the Senate Banking Committee, where he reiterated the central bank's vows to support the economic revival and repeated his assurances that the current inflation wave is temporary. The Fed Chair's dovish refrain helped push Treasury yields to one-week lows. Second-quarter earnings season approaches the end of its first week, with Morgan Stanley and UnitedHealth Group among companies having their turn at bat on Thursday. Morgan Stanley surprised profit expectations to the upside, but a slowdown in trading left investors unimpressed. The stock eked out a 0.2% gain on the day. UnitedHealth advanced 1.3%, providing the biggest boost to the Dow in the wake of its beat-and-raise report in which it noted a post-pandemic upswing in non-urgent care. Here's your closing snapshot: (Stephen Culp) ***** BITCOIN AT $30,000 IS SOLID SUPPORT, BUT $25,000 BET IN OPTIONS EMERGE (1427 EDT/1627 GMT) Pankaj Balani, chief executive officer at derivatives trading platform Delta Exchange said $30,000 remains a strong support for bitcoin in the options market, given that it's the most sold strike for July and August on the downside. That said, Balani pointed out that below $30,000, strikes at $25,000 have emerged though with lower open interest. \"Bitcoin has been in a consolidation phase and is trying to settle in the $30,000-$40,000 range,\" Balani said. \"Overall, the risk of downside below $30,000 on bitcoin is much higher now than what it was in the month of May and June.\" Implied volatility, meanwhile, is being crushed as the market continues to trade in a tight range. Balani said if the market continues to languish, option sellers will become aggressive and continue selling the upside much more than the downside. That has been happening already, he added. He noted that implied vols are down for both the July and August expiries. Bitcoin was last down around 4.4% at $31,396 . (Gertrude Chavez-Dreyfuss) ***** \"NEGLECTED\" LATAM EQUITIES' TIME TO SHINE? (1415 EDT/1815 GMT) It has been a rough decade for Latin American equity markets, as economic woes and political unrest have unsettled investors in the region. However, the Developing Markets team at Invesco thinks it may be time for a rebound. Indeed, MSCI's Latin America stocks index has declined nearly 40% in the last 10 years, compared with a 18% rise in the emerging market benchmark . Invesco notes LatAm stocks now make up less than 8% of the weight of the MSCI Emerging Markets Index - less than the combined weightage of Tencent and Alibaba. \"In our view, this neglect creates conditions — though not certainties — for opportunity,\" Invesco's Justin Leverenz wrote in a July 14 note. Rising commodity prices and a strong outlook for the mining sector, especially given rising demand for \"green metals\" like copper and cobalt, should boost Latin American stocks and currencies, potentially aided by a weaker dollar. With this in mind, Invesco has exposure to Brazilian miner Vale and Mexico's largest copper producer Grupo Mexico < GMEXICOB.MX.> Technology is another driver of Invesco's thesis, based on the rise of fintech, e-commerce and other tech services in countries like Brazil. The tech industry will provide job growth and investment opportunity in the region, according to Leverenz. \"Five of the new entrants in Latin America’s top market capitalization giants in the past decade have come from e-commerce and fintech, there are likely more to come as cozy oligopolies in banking and retail get shaken up around the region,\" he writes. Finally, when assessing the political landscape, Invesco thinks reasonably stable central banks and political divisions should prevent a drift into \"no-go zones of macroeconomic stability,\" while voters are unlikely to completely reject capitalism-friendly policies. So far in 2021, MSCI's Latin America index is up 6%. (Lisa Mattackal) ***** MEANWHILE, IN WASHINGTON... (1255 EDT/1655 GMT) Earnings season is well afoot, economic data is providing a flood of information regarding the state of the U.S. economic recovery, and investors are keeping a wary eye on the growing threat of the Delta COVID-19 variant. But goings-on in the U.S. Capitol building remain on market participants' radar. U.S. Federal Reserve Chairman Jerome Powell is spending his second day testifying before Congress, and the Senate Banking Committee has the latest honor. While Powell largely stuck to his \"inflation is transitory\" script, he faced grilling from both sides of the aisle. Pennsylvania Republican Pat Toomey called the central bank's ongoing purchases of mortgage-backed securities \"puzzling\" in view of skyrocketing home prices, while committee chair Sherrod Brown, Democrat from Ohio, challenged Powell over weakening bank regulations, saying \"the Fed has rolled back important safeguards making it easier for the banks to pump up the price of their stock.\" U.S. Treasury yields fell as Powell held his dovish ground. Partisan wrangling over an infrastructure bill rolled on, with U.S. Senate Majority leader Chuck Schumer setting up the first floor debate on a $1.2 trillion package, while also urging fellow Democrats to move on a larger $3.5 trillion budget package, which includes spending on climate measures and beefs up social spending. For his part, Senate Minority leader Mitch McConnell said in a Fox News interview on Thursday that every Republican senator would vote against the larger measure. Industrials and materials , which stand to gain from increased infrastructure expenditures, were both green at last glance. (Stephen Culp) ***** EUROPE CLOSES IN FAMILIAR TERRITORY (1145 EDT/1545 GMT) There are quite a lot of factors which can help explain today's 1% retreat for European stocks and the spread of the Delta variant is a big one, coupled with the ongoing bond rally and 'peak growth' fears. The big bulk of the market price action took place within the energy sector with the index losing close to 3% and briefly hitting lows not seen since February. Rising U.S. fuel stocks are raising concerns over the demand in the world's largest economy as you can read here: Then again, at about 455 points, the pan-European STOXX 600 is in very familiar territory. \"It's been another negative day for European markets, as they continue to trade in the range they’ve broadly been in for the past few months\", commented Michael Hewson at CMC Markets UK. As you can see below, the STOXX 600 has spent most of the last 30 sessions hovering between 450 and 461 points. (Julien Ponthus) ***** 'FIT FOR 55' PACKAGE: UNFIT FOR AIRLINES, BOOST FOR GREEN ENERGY MAJORS (1118 EDT/1518 GMT) Just when you thought airlines stocks were recovering from the massive declines last year, the spread of the Delta variant across Europe is threatening to stall the recovery. It doesn't stop there. European Union's mega climate plan unveiled on Wednesday ain't going to sit well with investors either. The EU Commission, in what it called the 'Fit for 55' package, said aviation must do more to contribute to its goal to cut economy-wide net emissions by 55% by 2030, from 1990 levels. Fuel costs are the biggest headache. Bernstein analysts say easyJet faces the biggest threat due to its higher level of free allowances on jet fuel and slower fleet transition. With lower margins, Air France KLM is also badly hit. New fleet and lower allowance, on the other hand, sets up Wizz Air favorably. But overall, they are not confident airlines can pass on higher costs to consumers. Meanwhile, a call to stop diesel and petrol cars will have a mixed impact on auto stocks. Equita analysts point out a few names. Faurecia's clean mobility division has no products for electric cars, Sogefi's filter division is likely to see OE business fade for ICE cars. Stocks exposed to car electrification like STMicroelectronics and Umicore will benefit. Indeed, the companies most favored by the package will be Green Energy majors including EDP Renovaveis , RWE , EDP , Enel . On July 14, Goldman Sachs said in a research note that it expects a fourfold growth in annual RES (Renewable Energy Sources) and a surge in power grid investments. (Sruthi Shankar) ***** THE ECONOMY CHUGS ALONG, BUT IT'S TAKING THE LOCAL, NOT THE EXPRESS (1100 EDT/1500 GMT) A maelstrom of data unleashed on Thursday appeared to back up Federal Reserve Chairman Jerome Powell's assertion that while the economy is on a track to recovery, it's nowhere arriving at \"back to normal.\" A worker shortage and a steep demand/supply imbalance continue to leave their paw prints on the indicators. The number of U.S. workers filing first-time applications for unemployment benefits last week fell by 26,000 to 360,000, hitting a 16-month low and the consensus bull's eye. While claims have stayed below the 400,000 mark in recent weeks, they still hover above the 200,000 to 250,000 range associated with healthy labor market churn, suggesting that yanking the federal emergency unemployment supplements early (as at least 20 states led by Republican governors have done) hasn't yet prodded workers back to the labor force en masse. About 9.5 million Americans remain unemployed, but there are also nearly that many job openings. Still, early cancellation of federal benefits is having some effect on claims. \"The early end to emergency benefits by some states is starting to become apparent in the data,\" writes Nancy Vanden Houten, lead U.S. economist at Oxford Economics (OE). Ongoing claims, reported on a one-week delay, dipped more than expected, falling to 3.241 million. Output by U.S. factories unexpectedly decreased by 0.1% in June, according to the Federal Reserve, marking a reversal from May's 0.9% growth, as tight chip supply weighed on automobile production. The data reflects \"a 6.6% plunge in production of autos and parts, which has bounced around wildly in recent months, presumably in response to shortages of semiconductors,\" notes Ian Shepherdson, chief economist at Pantheon Macroeconomics. \"Growth clearly has moderated from (an) initial surge last spring, but autos aren’t the only sector struggling with tight supplies of key inputs.\" In total, industrial production increased by 0.4% in June, slower than the 0.6% expected, and weaker than the 0.7% growth in May. On the bright side, capacity utilization , a measure of economic slack, edged up 0.2 percentage points to 75.4, a hair below expectations. This tension between strong demand and supply bottlenecks also contributed to a mixed picture Atlantic factory activity. On the upside, manufacturing activity in New York State went to the races. The New York Fed's Empire State index zooming to a reading of 43, blowing past the 18 analysts expected. On the other hand, the Philadelphia Federal Reserve's business index (aka Philly Fed) decelerated, dipping to 21.9, well below the level of 28 projected by economists. \"Both the Empire State and Philly Fed surveys suggest that price pressures are peaking,\" adds Shepherdson, \"with delivery times, unfilled orders and the price indexes all slipping a bit in recent months.\" An Empire State/Philly Fed reading above zero signifies expansion from the previous month. The Labor Department also reported that the cost of imported goods rose by 1% in June, cooling down from May's 1.4% pace, but still facing upward pressure from supply bottlenecks. Gasoline, industrial supplies and food prices drove the increase. \"While the surge in some commodity prices may be leveling off, the still-strong readings suggest elevated import price inflation will persist through 2021,\" says Mahir Rasheed, U.S. economist at OE. \"Strong domestic demand will keep a tight pull on imports, while stubborn supply disruptions will take time to fully resolve as virus constraints linger.\" Year-over-year, while import prices are up a red-hot 11.2%, the latest data marks a slight deceleration from the previous month. The graphic below shows how import prices stack up against other major indicators relative to the Federal Reserve's average annual 2% inflation target: Chips were not only the ghost in the U.S. factory machine, but they are also haunting Wall Street on Thursday. While the three major U.S. stock indexes are mixed in morning-trade, the Philadelphia SE Semiconductor index is sharply underperforming. (Stephen Culp) ***** S&P 500 CAUGHT IN A TRAP? (1001 EDT/1401 GMT) Major U.S. indexes are modestly red in early trade. That said, FANG stocks are gaining. The NYSE FANG+TM index is up, and once again flirting with its 7,329.08 February record-high close. This follows the latest batch of quarterly corporate earnings reports, and data showing the number of Americans filing new claims for unemployment benefits fell last week as expected. Although the S&P 500 is now on pace to end a 3-week winning streak, it is also trapped in an especially narrow range this week. In fact, the benchmark index is on track for its tightest weekly range as a percentage of the prior week's close since late December 2019. Thus, traders are on guard for a pick-up in volatility, and a breakout one way or the other. Of note, the VIX is attempting to rise for a second-straight week. Meanwhile, Fed Chair Powell will be concluding his testimony in front of Congress today. On Wednesday, he said he was confident recent price hikes were associated with the country's post-pandemic reopening and would fade. Here is an early-trade snapshot: (Terence Gabriel) ***** RECENT CHIP STOCK LAG MAY SOON SPLINTER NASDAQ (0910 EDT/1310 GMT) The Philadelphia SE Semiconductor index has been a 2021 leader. In fact, this index is up nearly 18% year-to-date vs a rise of about 14% for the Nasdaq Composite . However, after hitting its highest level in more than 15 years in early April , the SOX/IXIC ratio has struggled: Generally, traders want to see this key sub-sector within tech outperforming to add confidence in the sustainability of the Nasdaq's rise. However, with chips now lagging, it may be a warning sign that the Composite's recent relatively smooth advance to fresh record highs, may soon splinter. Just looking back to early 2018, multi-week/multi-month periods of SOX/IXIC ratio divergence preceded a number of significant periods of instability in the Composite. Most recently, as the IXIC was making new highs in late April, the SOX/IXIC ratio failed to confirm the move. The Composite then declined more than 8% into its mid-May trough. Since bottoming in mid-May, the Nasdaq has enjoyed a near-14% advance to new highs. However, the SOX is once again underperforming. In fact, the index is down in July, and on track for its biggest monthly percentage fall since March 2020. (Terence Gabriel) ***** FOR THURSDAY'S LIVE MARKETS' POSTS PRIOR TO 0905 EDT/1305 GMT - CLICK HERE: <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SOX07152021 earlytrade07152021 Jobless claims Industrial output Empire State and Philly Fed Inflation STOXX Closing snapshot ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147476317,"gmtCreate":1626389127139,"gmtModify":1703759032288,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Comments","listText":"Comments","text":"Comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147476317","repostId":"2151416573","repostType":2,"repost":{"id":"2151416573","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626380188,"share":"https://ttm.financial/m/news/2151416573?lang=&edition=fundamental","pubTime":"2021-07-16 04:16","market":"fut","language":"en","title":"LIVE MARKETS-Wall Street loses steam, burdened by tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2151416573","media":"Reuters","summary":"* S&P, Nasdaq close lower; Dow posts nominal advance * Energy weakest major S&P sector; utilities ","content":"<html><body><p>* S&P, Nasdaq close lower; Dow posts nominal advance</p><p> * Energy weakest major S&P sector; utilities lead gainers</p><p> * Dollar, gold up; crude, bitcoin slip</p><p> * U.S. 10-Year Treasury yield ~1.30%</p><p> July 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p> WALL STREET LOSES STEAM, BURDENED BY TECH (1615 EDT/2015 GMT)</p><p> Wall Street lost altitude on Wednesday as investors digested a mixed bag of data and Fed Chairman Jerome Powell sang another verse of his \"inflation is transitory\" song in his second straight day of congressional testimony.</p><p> The S&P and the Nasdaq ended the session in negative territory, weighed down by market-leading tech- and tech-adjacent stocks such as Nvidia Corp , Amazon.com</p><p> , Microsoft Corp , Apple Inc , <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc and Alphabet Inc . </p><p> The Dow squeaked by, closing barely green.</p><p> Utilities advanced 1.2%, leading the gainers by a substantial margin, benefiting from falling Treasury yields and the prospect of another brutal heatwave striking the western United States.</p><p> A spate of data showed jobless claims hitting a 16-month low amid an ongoing worker shortage and factory output hamstrung by the continuing demand/supply imbalance. </p><p> Powell faced the Senate Banking Committee, where he reiterated the central bank's vows to support the economic revival and repeated his assurances that the current inflation wave is temporary. </p><p> The Fed Chair's dovish refrain helped push Treasury yields to <a href=\"https://laohu8.com/S/AONE.U\">one</a>-week lows. </p><p> Second-quarter earnings season approaches the end of its first week, with <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and UnitedHealth Group</p><p> among companies having their turn at bat on Thursday.</p><p> Morgan Stanley surprised profit expectations to the upside, but a slowdown in trading left investors unimpressed. The stock eked out a 0.2% gain on the day. </p><p> UnitedHealth advanced 1.3%, providing the biggest boost to the Dow in the wake of its beat-and-raise report in which it noted a post-pandemic upswing in non-urgent care. </p><p> Here's your closing snapshot:</p><p> (Stephen Culp)</p><p> *****</p><p> BITCOIN AT $30,000 IS SOLID SUPPORT, BUT $25,000 BET IN OPTIONS EMERGE (1427 EDT/1627 GMT)</p><p> Pankaj Balani, chief executive officer at derivatives trading platform Delta Exchange said $30,000 remains a strong support for bitcoin in the options market, given that it's the most sold strike for July and August on the downside.</p><p> That said, Balani pointed out that below $30,000, strikes at $25,000 have emerged though with lower open interest.</p><p> \"Bitcoin has been in a consolidation phase and is trying to settle in the $30,000-$40,000 range,\" Balani said. \"Overall, the risk of downside below $30,000 on bitcoin is much higher now than what it was in the month of May and June.\" </p><p> Implied volatility, meanwhile, is being crushed as the market continues to trade in a tight range. Balani said if the market continues to languish, option sellers will become aggressive and continue selling the upside much more than the downside. That has been happening already, he added. He noted that implied vols are down for both the July and August expiries.</p><p> Bitcoin was last down around 4.4% at $31,396 .</p><p> (Gertrude Chavez-Dreyfuss)</p><p> *****</p><p> \"NEGLECTED\" LATAM EQUITIES' TIME TO SHINE? (1415 EDT/1815 GMT)</p><p> It has been a rough decade for Latin American equity markets, as economic woes and political unrest have unsettled investors in the region. However, the Developing Markets team at Invesco thinks it may be time for a rebound. </p><p> Indeed, MSCI's Latin America stocks index has declined nearly 40% in the last 10 years, compared with a 18% rise in the emerging market benchmark . </p><p> Invesco notes LatAm stocks now make up less than 8% of the weight of the MSCI Emerging Markets Index - less than the combined weightage of Tencent and Alibaba. </p><p> \"In our view, this neglect creates conditions — though not certainties — for opportunity,\" Invesco's Justin Leverenz wrote in a July 14 note. </p><p> Rising commodity prices and a strong outlook for the mining sector, especially given rising demand for \"green metals\" like copper and cobalt, should boost Latin American stocks and currencies, potentially aided by a weaker dollar. </p><p> With this in mind, Invesco has exposure to Brazilian miner Vale and Mexico's largest copper producer Grupo Mexico < GMEXICOB.MX.> </p><p> Technology is another driver of Invesco's thesis, based on the rise of fintech, e-commerce and other tech services in countries like Brazil. The tech industry will provide job growth and investment opportunity in the region, according to Leverenz.</p><p> \"Five of the new entrants in Latin America’s top market capitalization giants in the past decade have come from e-commerce and fintech, there are likely more to come as cozy oligopolies in banking and retail get shaken up around the region,\" he writes. </p><p> Finally, when assessing the political landscape, Invesco thinks reasonably stable central banks and political divisions should prevent a drift into \"no-go zones of macroeconomic stability,\" while voters are unlikely to completely reject capitalism-friendly policies. </p><p> So far in 2021, MSCI's Latin America index is up 6%. </p><p> (Lisa Mattackal)</p><p> *****</p><p> MEANWHILE, IN WASHINGTON... (1255 EDT/1655 GMT) </p><p> Earnings season is well afoot, economic data is providing a flood of information regarding the state of the U.S. economic recovery, and investors are keeping a wary eye on the growing threat of the Delta COVID-19 variant.</p><p> But goings-on in the U.S. Capitol building remain on market participants' radar.</p><p> U.S. Federal Reserve Chairman Jerome Powell is spending his second day testifying before Congress, and the Senate Banking Committee has the latest honor. </p><p> While Powell largely stuck to his \"inflation is transitory\" script, he faced grilling from both sides of the aisle. </p><p> Pennsylvania Republican Pat Toomey called the central bank's ongoing purchases of mortgage-backed securities \"puzzling\" in view of skyrocketing home prices, while committee chair Sherrod Brown, Democrat from Ohio, challenged Powell over weakening bank regulations, saying \"the Fed has rolled back important safeguards making it easier for the banks to pump up the price of their stock.\"</p><p> U.S. Treasury yields fell as Powell held his dovish ground.</p><p> Partisan wrangling over an infrastructure bill rolled on, with U.S. Senate Majority leader Chuck Schumer setting up the first floor debate on a $1.2 trillion package, while also urging fellow Democrats to move on a larger $3.5 trillion budget package, which includes spending on climate measures and beefs up social spending. </p><p> For his part, Senate Minority leader Mitch McConnell said in a Fox News interview on Thursday that every Republican senator would vote against the larger measure. </p><p> Industrials and materials , which stand to gain from increased infrastructure expenditures, were both green at last glance.</p><p> (Stephen Culp)</p><p> *****</p><p> EUROPE CLOSES IN FAMILIAR TERRITORY (1145 EDT/1545 GMT) </p><p> There are quite a lot of factors which can help explain today's 1% retreat for European stocks and the spread of the Delta variant is a big one, coupled with the ongoing bond rally and 'peak growth' fears. </p><p> The big bulk of the market price action took place within the energy sector with the index losing close to 3% and briefly hitting lows not seen since February. </p><p> Rising U.S. fuel stocks are raising concerns over the demand in the world's largest economy as you can read here:</p><p> Then again, at about 455 points, the pan-European STOXX 600 is in very familiar territory. </p><p> \"It's been another negative day for European markets, as they continue to trade in the range they’ve broadly been in for the past few months\", commented Michael Hewson at CMC Markets UK. </p><p> As you can see below, the STOXX 600 has spent most of the last 30 sessions hovering between 450 and 461 points.</p><p> (Julien Ponthus) </p><p> *****</p><p> 'FIT FOR 55' PACKAGE: UNFIT FOR AIRLINES, BOOST FOR GREEN ENERGY MAJORS (1118 EDT/1518 GMT)</p><p> Just when you thought airlines stocks were recovering from the massive declines last year, the spread of the Delta variant across Europe is threatening to stall the recovery. It doesn't stop there. European Union's mega climate plan unveiled on Wednesday ain't going to sit well with investors either. </p><p> The EU Commission, in what it called the 'Fit for 55' package, said aviation must do more to contribute to its goal to cut economy-wide net emissions by 55% by 2030, from 1990 levels.</p><p> Fuel costs are the biggest headache. Bernstein analysts say easyJet faces the biggest threat due to its higher level of free allowances on jet fuel and slower fleet transition. With lower margins, Air France KLM is also badly hit. New fleet and lower allowance, on the other hand, sets up Wizz Air</p><p> favorably. But overall, they are not confident airlines can pass on higher costs to consumers.</p><p> Meanwhile, a call to stop diesel and petrol cars will have a mixed impact on auto stocks. Equita analysts point out a few names. Faurecia's clean mobility division has no products for electric cars, Sogefi's filter division is likely to see OE business fade for ICE cars. Stocks exposed to car electrification like STMicroelectronics and Umicore will benefit. </p><p> Indeed, the companies most favored by the package will be Green Energy majors including EDP Renovaveis , RWE</p><p> , EDP , Enel . </p><p> On July 14, Goldman Sachs said in a research note that it expects a fourfold growth in annual RES (Renewable Energy Sources) and a surge in power grid investments.</p><p> (Sruthi Shankar)</p><p> *****</p><p> THE ECONOMY CHUGS ALONG, BUT IT'S TAKING THE LOCAL, NOT THE EXPRESS (1100 EDT/1500 GMT)</p><p> A maelstrom of data unleashed on Thursday appeared to back up Federal Reserve Chairman Jerome Powell's assertion that while the economy is on a track to recovery, it's nowhere arriving at \"back to normal.\" </p><p> A worker shortage and a steep demand/supply imbalance continue to leave their paw prints on the indicators.</p><p> The number of U.S. workers filing first-time applications for unemployment benefits last week fell by 26,000 to 360,000, hitting a 16-month low and the consensus bull's eye.</p><p> While claims have stayed below the 400,000 mark in recent weeks, they still hover above the 200,000 to 250,000 range associated with healthy labor market churn, suggesting that yanking the federal emergency unemployment supplements early (as at least 20 states led by Republican governors have done) hasn't yet prodded workers back to the labor force en masse. </p><p> About 9.5 million Americans remain unemployed, but there are also nearly that many job openings.</p><p> Still, early cancellation of federal benefits is having some effect on claims.</p><p> \"The early end to emergency benefits by some states is starting to become apparent in the data,\" writes Nancy Vanden Houten, lead U.S. economist at Oxford Economics (OE).</p><p> Ongoing claims, reported on a one-week delay, dipped more than expected, falling to 3.241 million.</p><p> Output by U.S. factories unexpectedly decreased by 0.1% in June, according to the Federal Reserve, marking a reversal from May's 0.9% growth, as tight chip supply weighed on automobile production. </p><p> The data reflects \"a 6.6% plunge in production of autos and parts, which has bounced around wildly in recent months, presumably in response to shortages of semiconductors,\" notes Ian Shepherdson, chief economist at Pantheon Macroeconomics. \"Growth clearly has moderated from (an) initial surge last spring, but autos aren’t the only sector struggling with tight supplies of key inputs.\"</p><p> In total, industrial production increased by 0.4% in June, slower than the 0.6% expected, and weaker than the 0.7% growth in May.</p><p> On the bright side, capacity utilization , a measure of economic slack, edged up 0.2 percentage points to 75.4, a hair below expectations.</p><p> This tension between strong demand and supply bottlenecks also contributed to a mixed picture Atlantic factory activity.</p><p> On the upside, manufacturing activity in New York State went to the races. The New York Fed's Empire State index zooming to a reading of 43, blowing past the 18 analysts expected.</p><p> On the other hand, the Philadelphia Federal Reserve's business index (aka Philly Fed) decelerated, dipping to 21.9, well below the level of 28 projected by economists.</p><p> \"Both the Empire State and Philly Fed surveys suggest that price pressures are peaking,\" adds Shepherdson, \"with delivery times, unfilled orders and the price indexes all slipping a bit in recent months.\"</p><p> An Empire State/Philly Fed reading above zero signifies expansion from the previous month.</p><p> The Labor Department also reported that the cost of imported goods rose by 1% in June, cooling down from May's 1.4% pace, but still facing upward pressure from supply bottlenecks. </p><p> Gasoline, industrial supplies and food prices drove the increase. </p><p> \"While the surge in some commodity prices may be leveling off, the still-strong readings suggest elevated import price inflation will persist through 2021,\" says Mahir Rasheed, U.S. economist at OE. \"Strong domestic demand will keep a tight pull on imports, while stubborn supply disruptions will take time to fully resolve as virus constraints linger.\" </p><p> Year-over-year, while import prices are up a red-hot 11.2%, the latest data marks a slight deceleration from the previous month.</p><p> The graphic below shows how import prices stack up against other major indicators relative to the Federal Reserve's average annual 2% inflation target:</p><p> Chips were not only the ghost in the U.S. factory machine, but they are also haunting Wall Street on Thursday.</p><p> While the three major U.S. stock indexes are mixed in morning-trade, the Philadelphia SE Semiconductor index is sharply underperforming.</p><p> (Stephen Culp)</p><p> *****</p><p> S&P 500 CAUGHT IN A TRAP? (1001 EDT/1401 GMT)</p><p> Major U.S. indexes are modestly red in early trade. That said, FANG stocks are gaining. The NYSE FANG+TM index is up, and once again flirting with its 7,329.08 February record-high close. </p><p> This follows the latest batch of quarterly corporate earnings reports, and data showing the number of Americans filing new claims for unemployment benefits fell last week as expected. </p><p> Although the S&P 500 is now on pace to end a 3-week winning streak, it is also trapped in an especially narrow range this week. In fact, the benchmark index is on track for its tightest weekly range as a percentage of the prior week's close since late December 2019. Thus, traders are on guard for a pick-up in volatility, and a breakout one way or the other. Of note, the VIX is attempting to rise for a second-straight week.</p><p> Meanwhile, Fed Chair Powell will be concluding his testimony in front of Congress today. On Wednesday, he said he was confident recent price hikes were associated with the country's post-pandemic reopening and would fade. </p><p> Here is an early-trade snapshot:</p><p> (Terence Gabriel)</p><p> *****</p><p> RECENT CHIP STOCK LAG MAY SOON SPLINTER NASDAQ (0910 EDT/1310 GMT)</p><p> The Philadelphia SE Semiconductor index has been a 2021 leader. In fact, this index is up nearly 18% year-to-date vs a rise of about 14% for the Nasdaq Composite .</p><p> However, after hitting its highest level in more than 15 years in early April , the SOX/IXIC ratio has struggled:</p><p> Generally, traders want to see this key sub-sector within tech outperforming to add confidence in the sustainability of the Nasdaq's rise. However, with chips now lagging, it may be a warning sign that the Composite's recent relatively smooth advance to fresh record highs, may soon splinter. </p><p> Just looking back to early 2018, multi-week/multi-month periods of SOX/IXIC ratio divergence preceded a number of significant periods of instability in the Composite.</p><p> Most recently, as the IXIC was making new highs in late April, the SOX/IXIC ratio failed to confirm the move. The Composite then declined more than 8% into its mid-May trough.</p><p> Since bottoming in mid-May, the Nasdaq has enjoyed a near-14% advance to new highs. However, the SOX is once again underperforming. In fact, the index is down in July, and on track for its biggest monthly percentage fall since March 2020.</p><p> (Terence Gabriel)</p><p> *****</p><p> FOR THURSDAY'S LIVE MARKETS' POSTS PRIOR TO 0905 EDT/1305 GMT - CLICK HERE: </p><p> <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SOX07152021 earlytrade07152021 Jobless claims Industrial output Empire State and Philly Fed Inflation STOXX Closing snapshot </p><p> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^></p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LIVE MARKETS-Wall Street loses steam, burdened by tech</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLIVE MARKETS-Wall Street loses steam, burdened by tech\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-16 04:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* S&P, Nasdaq close lower; Dow posts nominal advance</p><p> * Energy weakest major S&P sector; utilities lead gainers</p><p> * Dollar, gold up; crude, bitcoin slip</p><p> * U.S. 10-Year Treasury yield ~1.30%</p><p> July 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p> WALL STREET LOSES STEAM, BURDENED BY TECH (1615 EDT/2015 GMT)</p><p> Wall Street lost altitude on Wednesday as investors digested a mixed bag of data and Fed Chairman Jerome Powell sang another verse of his \"inflation is transitory\" song in his second straight day of congressional testimony.</p><p> The S&P and the Nasdaq ended the session in negative territory, weighed down by market-leading tech- and tech-adjacent stocks such as Nvidia Corp , Amazon.com</p><p> , Microsoft Corp , Apple Inc , <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc and Alphabet Inc . </p><p> The Dow squeaked by, closing barely green.</p><p> Utilities advanced 1.2%, leading the gainers by a substantial margin, benefiting from falling Treasury yields and the prospect of another brutal heatwave striking the western United States.</p><p> A spate of data showed jobless claims hitting a 16-month low amid an ongoing worker shortage and factory output hamstrung by the continuing demand/supply imbalance. </p><p> Powell faced the Senate Banking Committee, where he reiterated the central bank's vows to support the economic revival and repeated his assurances that the current inflation wave is temporary. </p><p> The Fed Chair's dovish refrain helped push Treasury yields to <a href=\"https://laohu8.com/S/AONE.U\">one</a>-week lows. </p><p> Second-quarter earnings season approaches the end of its first week, with <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and UnitedHealth Group</p><p> among companies having their turn at bat on Thursday.</p><p> Morgan Stanley surprised profit expectations to the upside, but a slowdown in trading left investors unimpressed. The stock eked out a 0.2% gain on the day. </p><p> UnitedHealth advanced 1.3%, providing the biggest boost to the Dow in the wake of its beat-and-raise report in which it noted a post-pandemic upswing in non-urgent care. </p><p> Here's your closing snapshot:</p><p> (Stephen Culp)</p><p> *****</p><p> BITCOIN AT $30,000 IS SOLID SUPPORT, BUT $25,000 BET IN OPTIONS EMERGE (1427 EDT/1627 GMT)</p><p> Pankaj Balani, chief executive officer at derivatives trading platform Delta Exchange said $30,000 remains a strong support for bitcoin in the options market, given that it's the most sold strike for July and August on the downside.</p><p> That said, Balani pointed out that below $30,000, strikes at $25,000 have emerged though with lower open interest.</p><p> \"Bitcoin has been in a consolidation phase and is trying to settle in the $30,000-$40,000 range,\" Balani said. \"Overall, the risk of downside below $30,000 on bitcoin is much higher now than what it was in the month of May and June.\" </p><p> Implied volatility, meanwhile, is being crushed as the market continues to trade in a tight range. Balani said if the market continues to languish, option sellers will become aggressive and continue selling the upside much more than the downside. That has been happening already, he added. He noted that implied vols are down for both the July and August expiries.</p><p> Bitcoin was last down around 4.4% at $31,396 .</p><p> (Gertrude Chavez-Dreyfuss)</p><p> *****</p><p> \"NEGLECTED\" LATAM EQUITIES' TIME TO SHINE? (1415 EDT/1815 GMT)</p><p> It has been a rough decade for Latin American equity markets, as economic woes and political unrest have unsettled investors in the region. However, the Developing Markets team at Invesco thinks it may be time for a rebound. </p><p> Indeed, MSCI's Latin America stocks index has declined nearly 40% in the last 10 years, compared with a 18% rise in the emerging market benchmark . </p><p> Invesco notes LatAm stocks now make up less than 8% of the weight of the MSCI Emerging Markets Index - less than the combined weightage of Tencent and Alibaba. </p><p> \"In our view, this neglect creates conditions — though not certainties — for opportunity,\" Invesco's Justin Leverenz wrote in a July 14 note. </p><p> Rising commodity prices and a strong outlook for the mining sector, especially given rising demand for \"green metals\" like copper and cobalt, should boost Latin American stocks and currencies, potentially aided by a weaker dollar. </p><p> With this in mind, Invesco has exposure to Brazilian miner Vale and Mexico's largest copper producer Grupo Mexico < GMEXICOB.MX.> </p><p> Technology is another driver of Invesco's thesis, based on the rise of fintech, e-commerce and other tech services in countries like Brazil. The tech industry will provide job growth and investment opportunity in the region, according to Leverenz.</p><p> \"Five of the new entrants in Latin America’s top market capitalization giants in the past decade have come from e-commerce and fintech, there are likely more to come as cozy oligopolies in banking and retail get shaken up around the region,\" he writes. </p><p> Finally, when assessing the political landscape, Invesco thinks reasonably stable central banks and political divisions should prevent a drift into \"no-go zones of macroeconomic stability,\" while voters are unlikely to completely reject capitalism-friendly policies. </p><p> So far in 2021, MSCI's Latin America index is up 6%. </p><p> (Lisa Mattackal)</p><p> *****</p><p> MEANWHILE, IN WASHINGTON... (1255 EDT/1655 GMT) </p><p> Earnings season is well afoot, economic data is providing a flood of information regarding the state of the U.S. economic recovery, and investors are keeping a wary eye on the growing threat of the Delta COVID-19 variant.</p><p> But goings-on in the U.S. Capitol building remain on market participants' radar.</p><p> U.S. Federal Reserve Chairman Jerome Powell is spending his second day testifying before Congress, and the Senate Banking Committee has the latest honor. </p><p> While Powell largely stuck to his \"inflation is transitory\" script, he faced grilling from both sides of the aisle. </p><p> Pennsylvania Republican Pat Toomey called the central bank's ongoing purchases of mortgage-backed securities \"puzzling\" in view of skyrocketing home prices, while committee chair Sherrod Brown, Democrat from Ohio, challenged Powell over weakening bank regulations, saying \"the Fed has rolled back important safeguards making it easier for the banks to pump up the price of their stock.\"</p><p> U.S. Treasury yields fell as Powell held his dovish ground.</p><p> Partisan wrangling over an infrastructure bill rolled on, with U.S. Senate Majority leader Chuck Schumer setting up the first floor debate on a $1.2 trillion package, while also urging fellow Democrats to move on a larger $3.5 trillion budget package, which includes spending on climate measures and beefs up social spending. </p><p> For his part, Senate Minority leader Mitch McConnell said in a Fox News interview on Thursday that every Republican senator would vote against the larger measure. </p><p> Industrials and materials , which stand to gain from increased infrastructure expenditures, were both green at last glance.</p><p> (Stephen Culp)</p><p> *****</p><p> EUROPE CLOSES IN FAMILIAR TERRITORY (1145 EDT/1545 GMT) </p><p> There are quite a lot of factors which can help explain today's 1% retreat for European stocks and the spread of the Delta variant is a big one, coupled with the ongoing bond rally and 'peak growth' fears. </p><p> The big bulk of the market price action took place within the energy sector with the index losing close to 3% and briefly hitting lows not seen since February. </p><p> Rising U.S. fuel stocks are raising concerns over the demand in the world's largest economy as you can read here:</p><p> Then again, at about 455 points, the pan-European STOXX 600 is in very familiar territory. </p><p> \"It's been another negative day for European markets, as they continue to trade in the range they’ve broadly been in for the past few months\", commented Michael Hewson at CMC Markets UK. </p><p> As you can see below, the STOXX 600 has spent most of the last 30 sessions hovering between 450 and 461 points.</p><p> (Julien Ponthus) </p><p> *****</p><p> 'FIT FOR 55' PACKAGE: UNFIT FOR AIRLINES, BOOST FOR GREEN ENERGY MAJORS (1118 EDT/1518 GMT)</p><p> Just when you thought airlines stocks were recovering from the massive declines last year, the spread of the Delta variant across Europe is threatening to stall the recovery. It doesn't stop there. European Union's mega climate plan unveiled on Wednesday ain't going to sit well with investors either. </p><p> The EU Commission, in what it called the 'Fit for 55' package, said aviation must do more to contribute to its goal to cut economy-wide net emissions by 55% by 2030, from 1990 levels.</p><p> Fuel costs are the biggest headache. Bernstein analysts say easyJet faces the biggest threat due to its higher level of free allowances on jet fuel and slower fleet transition. With lower margins, Air France KLM is also badly hit. New fleet and lower allowance, on the other hand, sets up Wizz Air</p><p> favorably. But overall, they are not confident airlines can pass on higher costs to consumers.</p><p> Meanwhile, a call to stop diesel and petrol cars will have a mixed impact on auto stocks. Equita analysts point out a few names. Faurecia's clean mobility division has no products for electric cars, Sogefi's filter division is likely to see OE business fade for ICE cars. Stocks exposed to car electrification like STMicroelectronics and Umicore will benefit. </p><p> Indeed, the companies most favored by the package will be Green Energy majors including EDP Renovaveis , RWE</p><p> , EDP , Enel . </p><p> On July 14, Goldman Sachs said in a research note that it expects a fourfold growth in annual RES (Renewable Energy Sources) and a surge in power grid investments.</p><p> (Sruthi Shankar)</p><p> *****</p><p> THE ECONOMY CHUGS ALONG, BUT IT'S TAKING THE LOCAL, NOT THE EXPRESS (1100 EDT/1500 GMT)</p><p> A maelstrom of data unleashed on Thursday appeared to back up Federal Reserve Chairman Jerome Powell's assertion that while the economy is on a track to recovery, it's nowhere arriving at \"back to normal.\" </p><p> A worker shortage and a steep demand/supply imbalance continue to leave their paw prints on the indicators.</p><p> The number of U.S. workers filing first-time applications for unemployment benefits last week fell by 26,000 to 360,000, hitting a 16-month low and the consensus bull's eye.</p><p> While claims have stayed below the 400,000 mark in recent weeks, they still hover above the 200,000 to 250,000 range associated with healthy labor market churn, suggesting that yanking the federal emergency unemployment supplements early (as at least 20 states led by Republican governors have done) hasn't yet prodded workers back to the labor force en masse. </p><p> About 9.5 million Americans remain unemployed, but there are also nearly that many job openings.</p><p> Still, early cancellation of federal benefits is having some effect on claims.</p><p> \"The early end to emergency benefits by some states is starting to become apparent in the data,\" writes Nancy Vanden Houten, lead U.S. economist at Oxford Economics (OE).</p><p> Ongoing claims, reported on a one-week delay, dipped more than expected, falling to 3.241 million.</p><p> Output by U.S. factories unexpectedly decreased by 0.1% in June, according to the Federal Reserve, marking a reversal from May's 0.9% growth, as tight chip supply weighed on automobile production. </p><p> The data reflects \"a 6.6% plunge in production of autos and parts, which has bounced around wildly in recent months, presumably in response to shortages of semiconductors,\" notes Ian Shepherdson, chief economist at Pantheon Macroeconomics. \"Growth clearly has moderated from (an) initial surge last spring, but autos aren’t the only sector struggling with tight supplies of key inputs.\"</p><p> In total, industrial production increased by 0.4% in June, slower than the 0.6% expected, and weaker than the 0.7% growth in May.</p><p> On the bright side, capacity utilization , a measure of economic slack, edged up 0.2 percentage points to 75.4, a hair below expectations.</p><p> This tension between strong demand and supply bottlenecks also contributed to a mixed picture Atlantic factory activity.</p><p> On the upside, manufacturing activity in New York State went to the races. The New York Fed's Empire State index zooming to a reading of 43, blowing past the 18 analysts expected.</p><p> On the other hand, the Philadelphia Federal Reserve's business index (aka Philly Fed) decelerated, dipping to 21.9, well below the level of 28 projected by economists.</p><p> \"Both the Empire State and Philly Fed surveys suggest that price pressures are peaking,\" adds Shepherdson, \"with delivery times, unfilled orders and the price indexes all slipping a bit in recent months.\"</p><p> An Empire State/Philly Fed reading above zero signifies expansion from the previous month.</p><p> The Labor Department also reported that the cost of imported goods rose by 1% in June, cooling down from May's 1.4% pace, but still facing upward pressure from supply bottlenecks. </p><p> Gasoline, industrial supplies and food prices drove the increase. </p><p> \"While the surge in some commodity prices may be leveling off, the still-strong readings suggest elevated import price inflation will persist through 2021,\" says Mahir Rasheed, U.S. economist at OE. \"Strong domestic demand will keep a tight pull on imports, while stubborn supply disruptions will take time to fully resolve as virus constraints linger.\" </p><p> Year-over-year, while import prices are up a red-hot 11.2%, the latest data marks a slight deceleration from the previous month.</p><p> The graphic below shows how import prices stack up against other major indicators relative to the Federal Reserve's average annual 2% inflation target:</p><p> Chips were not only the ghost in the U.S. factory machine, but they are also haunting Wall Street on Thursday.</p><p> While the three major U.S. stock indexes are mixed in morning-trade, the Philadelphia SE Semiconductor index is sharply underperforming.</p><p> (Stephen Culp)</p><p> *****</p><p> S&P 500 CAUGHT IN A TRAP? (1001 EDT/1401 GMT)</p><p> Major U.S. indexes are modestly red in early trade. That said, FANG stocks are gaining. The NYSE FANG+TM index is up, and once again flirting with its 7,329.08 February record-high close. </p><p> This follows the latest batch of quarterly corporate earnings reports, and data showing the number of Americans filing new claims for unemployment benefits fell last week as expected. </p><p> Although the S&P 500 is now on pace to end a 3-week winning streak, it is also trapped in an especially narrow range this week. In fact, the benchmark index is on track for its tightest weekly range as a percentage of the prior week's close since late December 2019. Thus, traders are on guard for a pick-up in volatility, and a breakout one way or the other. Of note, the VIX is attempting to rise for a second-straight week.</p><p> Meanwhile, Fed Chair Powell will be concluding his testimony in front of Congress today. On Wednesday, he said he was confident recent price hikes were associated with the country's post-pandemic reopening and would fade. </p><p> Here is an early-trade snapshot:</p><p> (Terence Gabriel)</p><p> *****</p><p> RECENT CHIP STOCK LAG MAY SOON SPLINTER NASDAQ (0910 EDT/1310 GMT)</p><p> The Philadelphia SE Semiconductor index has been a 2021 leader. In fact, this index is up nearly 18% year-to-date vs a rise of about 14% for the Nasdaq Composite .</p><p> However, after hitting its highest level in more than 15 years in early April , the SOX/IXIC ratio has struggled:</p><p> Generally, traders want to see this key sub-sector within tech outperforming to add confidence in the sustainability of the Nasdaq's rise. However, with chips now lagging, it may be a warning sign that the Composite's recent relatively smooth advance to fresh record highs, may soon splinter. </p><p> Just looking back to early 2018, multi-week/multi-month periods of SOX/IXIC ratio divergence preceded a number of significant periods of instability in the Composite.</p><p> Most recently, as the IXIC was making new highs in late April, the SOX/IXIC ratio failed to confirm the move. The Composite then declined more than 8% into its mid-May trough.</p><p> Since bottoming in mid-May, the Nasdaq has enjoyed a near-14% advance to new highs. However, the SOX is once again underperforming. In fact, the index is down in July, and on track for its biggest monthly percentage fall since March 2020.</p><p> (Terence Gabriel)</p><p> *****</p><p> FOR THURSDAY'S LIVE MARKETS' POSTS PRIOR TO 0905 EDT/1305 GMT - CLICK HERE: </p><p> <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SOX07152021 earlytrade07152021 Jobless claims Industrial output Empire State and Philly Fed Inflation STOXX Closing snapshot </p><p> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^></p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQQQ":"纳指三倍做空ETF","QLD":"纳指两倍做多ETF","MS":"摩根士丹利","PSQ":"纳指反向ETF","GOOGL":"谷歌A","SDOW":"道指三倍做空ETF-ProShares","DDM":"道指两倍做多ETF","MSFT":"微软","AAPL":"苹果","09086":"华夏纳指-U","DXD":"道指两倍做空ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","QQQ":"纳指100ETF",".SPX":"S&P 500 Index","UNH":"联合健康","03086":"华夏纳指","QNETCN":"纳斯达克中美互联网老虎指数","NVDA":"英伟达","TQQQ":"纳指三倍做多ETF","UDOW":"道指三倍做多ETF-ProShares","QID":"纳指两倍做空ETF","DOG":"道指反向ETF","DJX":"1/100道琼斯","AMZN":"亚马逊"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151416573","content_text":"* S&P, Nasdaq close lower; Dow posts nominal advance * Energy weakest major S&P sector; utilities lead gainers * Dollar, gold up; crude, bitcoin slip * U.S. 10-Year Treasury yield ~1.30% July 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com WALL STREET LOSES STEAM, BURDENED BY TECH (1615 EDT/2015 GMT) Wall Street lost altitude on Wednesday as investors digested a mixed bag of data and Fed Chairman Jerome Powell sang another verse of his \"inflation is transitory\" song in his second straight day of congressional testimony. The S&P and the Nasdaq ended the session in negative territory, weighed down by market-leading tech- and tech-adjacent stocks such as Nvidia Corp , Amazon.com , Microsoft Corp , Apple Inc , Facebook Inc and Alphabet Inc . The Dow squeaked by, closing barely green. Utilities advanced 1.2%, leading the gainers by a substantial margin, benefiting from falling Treasury yields and the prospect of another brutal heatwave striking the western United States. A spate of data showed jobless claims hitting a 16-month low amid an ongoing worker shortage and factory output hamstrung by the continuing demand/supply imbalance. Powell faced the Senate Banking Committee, where he reiterated the central bank's vows to support the economic revival and repeated his assurances that the current inflation wave is temporary. The Fed Chair's dovish refrain helped push Treasury yields to one-week lows. Second-quarter earnings season approaches the end of its first week, with Morgan Stanley and UnitedHealth Group among companies having their turn at bat on Thursday. Morgan Stanley surprised profit expectations to the upside, but a slowdown in trading left investors unimpressed. The stock eked out a 0.2% gain on the day. UnitedHealth advanced 1.3%, providing the biggest boost to the Dow in the wake of its beat-and-raise report in which it noted a post-pandemic upswing in non-urgent care. Here's your closing snapshot: (Stephen Culp) ***** BITCOIN AT $30,000 IS SOLID SUPPORT, BUT $25,000 BET IN OPTIONS EMERGE (1427 EDT/1627 GMT) Pankaj Balani, chief executive officer at derivatives trading platform Delta Exchange said $30,000 remains a strong support for bitcoin in the options market, given that it's the most sold strike for July and August on the downside. That said, Balani pointed out that below $30,000, strikes at $25,000 have emerged though with lower open interest. \"Bitcoin has been in a consolidation phase and is trying to settle in the $30,000-$40,000 range,\" Balani said. \"Overall, the risk of downside below $30,000 on bitcoin is much higher now than what it was in the month of May and June.\" Implied volatility, meanwhile, is being crushed as the market continues to trade in a tight range. Balani said if the market continues to languish, option sellers will become aggressive and continue selling the upside much more than the downside. That has been happening already, he added. He noted that implied vols are down for both the July and August expiries. Bitcoin was last down around 4.4% at $31,396 . (Gertrude Chavez-Dreyfuss) ***** \"NEGLECTED\" LATAM EQUITIES' TIME TO SHINE? (1415 EDT/1815 GMT) It has been a rough decade for Latin American equity markets, as economic woes and political unrest have unsettled investors in the region. However, the Developing Markets team at Invesco thinks it may be time for a rebound. Indeed, MSCI's Latin America stocks index has declined nearly 40% in the last 10 years, compared with a 18% rise in the emerging market benchmark . Invesco notes LatAm stocks now make up less than 8% of the weight of the MSCI Emerging Markets Index - less than the combined weightage of Tencent and Alibaba. \"In our view, this neglect creates conditions — though not certainties — for opportunity,\" Invesco's Justin Leverenz wrote in a July 14 note. Rising commodity prices and a strong outlook for the mining sector, especially given rising demand for \"green metals\" like copper and cobalt, should boost Latin American stocks and currencies, potentially aided by a weaker dollar. With this in mind, Invesco has exposure to Brazilian miner Vale and Mexico's largest copper producer Grupo Mexico < GMEXICOB.MX.> Technology is another driver of Invesco's thesis, based on the rise of fintech, e-commerce and other tech services in countries like Brazil. The tech industry will provide job growth and investment opportunity in the region, according to Leverenz. \"Five of the new entrants in Latin America’s top market capitalization giants in the past decade have come from e-commerce and fintech, there are likely more to come as cozy oligopolies in banking and retail get shaken up around the region,\" he writes. Finally, when assessing the political landscape, Invesco thinks reasonably stable central banks and political divisions should prevent a drift into \"no-go zones of macroeconomic stability,\" while voters are unlikely to completely reject capitalism-friendly policies. So far in 2021, MSCI's Latin America index is up 6%. (Lisa Mattackal) ***** MEANWHILE, IN WASHINGTON... (1255 EDT/1655 GMT) Earnings season is well afoot, economic data is providing a flood of information regarding the state of the U.S. economic recovery, and investors are keeping a wary eye on the growing threat of the Delta COVID-19 variant. But goings-on in the U.S. Capitol building remain on market participants' radar. U.S. Federal Reserve Chairman Jerome Powell is spending his second day testifying before Congress, and the Senate Banking Committee has the latest honor. While Powell largely stuck to his \"inflation is transitory\" script, he faced grilling from both sides of the aisle. Pennsylvania Republican Pat Toomey called the central bank's ongoing purchases of mortgage-backed securities \"puzzling\" in view of skyrocketing home prices, while committee chair Sherrod Brown, Democrat from Ohio, challenged Powell over weakening bank regulations, saying \"the Fed has rolled back important safeguards making it easier for the banks to pump up the price of their stock.\" U.S. Treasury yields fell as Powell held his dovish ground. Partisan wrangling over an infrastructure bill rolled on, with U.S. Senate Majority leader Chuck Schumer setting up the first floor debate on a $1.2 trillion package, while also urging fellow Democrats to move on a larger $3.5 trillion budget package, which includes spending on climate measures and beefs up social spending. For his part, Senate Minority leader Mitch McConnell said in a Fox News interview on Thursday that every Republican senator would vote against the larger measure. Industrials and materials , which stand to gain from increased infrastructure expenditures, were both green at last glance. (Stephen Culp) ***** EUROPE CLOSES IN FAMILIAR TERRITORY (1145 EDT/1545 GMT) There are quite a lot of factors which can help explain today's 1% retreat for European stocks and the spread of the Delta variant is a big one, coupled with the ongoing bond rally and 'peak growth' fears. The big bulk of the market price action took place within the energy sector with the index losing close to 3% and briefly hitting lows not seen since February. Rising U.S. fuel stocks are raising concerns over the demand in the world's largest economy as you can read here: Then again, at about 455 points, the pan-European STOXX 600 is in very familiar territory. \"It's been another negative day for European markets, as they continue to trade in the range they’ve broadly been in for the past few months\", commented Michael Hewson at CMC Markets UK. As you can see below, the STOXX 600 has spent most of the last 30 sessions hovering between 450 and 461 points. (Julien Ponthus) ***** 'FIT FOR 55' PACKAGE: UNFIT FOR AIRLINES, BOOST FOR GREEN ENERGY MAJORS (1118 EDT/1518 GMT) Just when you thought airlines stocks were recovering from the massive declines last year, the spread of the Delta variant across Europe is threatening to stall the recovery. It doesn't stop there. European Union's mega climate plan unveiled on Wednesday ain't going to sit well with investors either. The EU Commission, in what it called the 'Fit for 55' package, said aviation must do more to contribute to its goal to cut economy-wide net emissions by 55% by 2030, from 1990 levels. Fuel costs are the biggest headache. Bernstein analysts say easyJet faces the biggest threat due to its higher level of free allowances on jet fuel and slower fleet transition. With lower margins, Air France KLM is also badly hit. New fleet and lower allowance, on the other hand, sets up Wizz Air favorably. But overall, they are not confident airlines can pass on higher costs to consumers. Meanwhile, a call to stop diesel and petrol cars will have a mixed impact on auto stocks. Equita analysts point out a few names. Faurecia's clean mobility division has no products for electric cars, Sogefi's filter division is likely to see OE business fade for ICE cars. Stocks exposed to car electrification like STMicroelectronics and Umicore will benefit. Indeed, the companies most favored by the package will be Green Energy majors including EDP Renovaveis , RWE , EDP , Enel . On July 14, Goldman Sachs said in a research note that it expects a fourfold growth in annual RES (Renewable Energy Sources) and a surge in power grid investments. (Sruthi Shankar) ***** THE ECONOMY CHUGS ALONG, BUT IT'S TAKING THE LOCAL, NOT THE EXPRESS (1100 EDT/1500 GMT) A maelstrom of data unleashed on Thursday appeared to back up Federal Reserve Chairman Jerome Powell's assertion that while the economy is on a track to recovery, it's nowhere arriving at \"back to normal.\" A worker shortage and a steep demand/supply imbalance continue to leave their paw prints on the indicators. The number of U.S. workers filing first-time applications for unemployment benefits last week fell by 26,000 to 360,000, hitting a 16-month low and the consensus bull's eye. While claims have stayed below the 400,000 mark in recent weeks, they still hover above the 200,000 to 250,000 range associated with healthy labor market churn, suggesting that yanking the federal emergency unemployment supplements early (as at least 20 states led by Republican governors have done) hasn't yet prodded workers back to the labor force en masse. About 9.5 million Americans remain unemployed, but there are also nearly that many job openings. Still, early cancellation of federal benefits is having some effect on claims. \"The early end to emergency benefits by some states is starting to become apparent in the data,\" writes Nancy Vanden Houten, lead U.S. economist at Oxford Economics (OE). Ongoing claims, reported on a one-week delay, dipped more than expected, falling to 3.241 million. Output by U.S. factories unexpectedly decreased by 0.1% in June, according to the Federal Reserve, marking a reversal from May's 0.9% growth, as tight chip supply weighed on automobile production. The data reflects \"a 6.6% plunge in production of autos and parts, which has bounced around wildly in recent months, presumably in response to shortages of semiconductors,\" notes Ian Shepherdson, chief economist at Pantheon Macroeconomics. \"Growth clearly has moderated from (an) initial surge last spring, but autos aren’t the only sector struggling with tight supplies of key inputs.\" In total, industrial production increased by 0.4% in June, slower than the 0.6% expected, and weaker than the 0.7% growth in May. On the bright side, capacity utilization , a measure of economic slack, edged up 0.2 percentage points to 75.4, a hair below expectations. This tension between strong demand and supply bottlenecks also contributed to a mixed picture Atlantic factory activity. On the upside, manufacturing activity in New York State went to the races. The New York Fed's Empire State index zooming to a reading of 43, blowing past the 18 analysts expected. On the other hand, the Philadelphia Federal Reserve's business index (aka Philly Fed) decelerated, dipping to 21.9, well below the level of 28 projected by economists. \"Both the Empire State and Philly Fed surveys suggest that price pressures are peaking,\" adds Shepherdson, \"with delivery times, unfilled orders and the price indexes all slipping a bit in recent months.\" An Empire State/Philly Fed reading above zero signifies expansion from the previous month. The Labor Department also reported that the cost of imported goods rose by 1% in June, cooling down from May's 1.4% pace, but still facing upward pressure from supply bottlenecks. Gasoline, industrial supplies and food prices drove the increase. \"While the surge in some commodity prices may be leveling off, the still-strong readings suggest elevated import price inflation will persist through 2021,\" says Mahir Rasheed, U.S. economist at OE. \"Strong domestic demand will keep a tight pull on imports, while stubborn supply disruptions will take time to fully resolve as virus constraints linger.\" Year-over-year, while import prices are up a red-hot 11.2%, the latest data marks a slight deceleration from the previous month. The graphic below shows how import prices stack up against other major indicators relative to the Federal Reserve's average annual 2% inflation target: Chips were not only the ghost in the U.S. factory machine, but they are also haunting Wall Street on Thursday. While the three major U.S. stock indexes are mixed in morning-trade, the Philadelphia SE Semiconductor index is sharply underperforming. (Stephen Culp) ***** S&P 500 CAUGHT IN A TRAP? (1001 EDT/1401 GMT) Major U.S. indexes are modestly red in early trade. That said, FANG stocks are gaining. The NYSE FANG+TM index is up, and once again flirting with its 7,329.08 February record-high close. This follows the latest batch of quarterly corporate earnings reports, and data showing the number of Americans filing new claims for unemployment benefits fell last week as expected. Although the S&P 500 is now on pace to end a 3-week winning streak, it is also trapped in an especially narrow range this week. In fact, the benchmark index is on track for its tightest weekly range as a percentage of the prior week's close since late December 2019. Thus, traders are on guard for a pick-up in volatility, and a breakout one way or the other. Of note, the VIX is attempting to rise for a second-straight week. Meanwhile, Fed Chair Powell will be concluding his testimony in front of Congress today. On Wednesday, he said he was confident recent price hikes were associated with the country's post-pandemic reopening and would fade. Here is an early-trade snapshot: (Terence Gabriel) ***** RECENT CHIP STOCK LAG MAY SOON SPLINTER NASDAQ (0910 EDT/1310 GMT) The Philadelphia SE Semiconductor index has been a 2021 leader. In fact, this index is up nearly 18% year-to-date vs a rise of about 14% for the Nasdaq Composite . However, after hitting its highest level in more than 15 years in early April , the SOX/IXIC ratio has struggled: Generally, traders want to see this key sub-sector within tech outperforming to add confidence in the sustainability of the Nasdaq's rise. However, with chips now lagging, it may be a warning sign that the Composite's recent relatively smooth advance to fresh record highs, may soon splinter. Just looking back to early 2018, multi-week/multi-month periods of SOX/IXIC ratio divergence preceded a number of significant periods of instability in the Composite. Most recently, as the IXIC was making new highs in late April, the SOX/IXIC ratio failed to confirm the move. The Composite then declined more than 8% into its mid-May trough. Since bottoming in mid-May, the Nasdaq has enjoyed a near-14% advance to new highs. However, the SOX is once again underperforming. In fact, the index is down in July, and on track for its biggest monthly percentage fall since March 2020. (Terence Gabriel) ***** FOR THURSDAY'S LIVE MARKETS' POSTS PRIOR TO 0905 EDT/1305 GMT - CLICK HERE: <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SOX07152021 earlytrade07152021 Jobless claims Industrial output Empire State and Philly Fed Inflation STOXX Closing snapshot ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147256455,"gmtCreate":1626360714977,"gmtModify":1703758722685,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Wow!","listText":"Wow!","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147256455","repostId":"2151522954","repostType":2,"repost":{"id":"2151522954","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626355860,"share":"https://ttm.financial/m/news/2151522954?lang=&edition=fundamental","pubTime":"2021-07-15 21:31","market":"us","language":"en","title":"Netflix stock price target raised to $620 from $600 at UBS","url":"https://stock-news.laohu8.com/highlight/detail?id=2151522954","media":"Dow Jones","summary":"MW Netflix stock price target raised to $620 from $600 at UBS\n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n ","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Netflix stock price target raised to $620 from $600 at UBS\n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 15, 2021 09:31 ET (13:31 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix stock price target raised to $620 from $600 at UBS</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix stock price target raised to $620 from $600 at UBS\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-15 21:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Netflix stock price target raised to $620 from $600 at UBS\n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 15, 2021 09:31 ET (13:31 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","USB":"美国合众银行"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151522954","content_text":"MW Netflix stock price target raised to $620 from $600 at UBS\n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n July 15, 2021 09:31 ET (13:31 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147256076,"gmtCreate":1626360686595,"gmtModify":1703758721710,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Wow!","listText":"Wow!","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147256076","repostId":"2151522954","repostType":2,"repost":{"id":"2151522954","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626355860,"share":"https://ttm.financial/m/news/2151522954?lang=&edition=fundamental","pubTime":"2021-07-15 21:31","market":"us","language":"en","title":"Netflix stock price target raised to $620 from $600 at UBS","url":"https://stock-news.laohu8.com/highlight/detail?id=2151522954","media":"Dow Jones","summary":"MW Netflix stock price target raised to $620 from $600 at UBS\n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n ","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Netflix stock price target raised to $620 from $600 at UBS\n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 15, 2021 09:31 ET (13:31 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix stock price target raised to $620 from $600 at UBS</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix stock price target raised to $620 from $600 at UBS\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-15 21:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Netflix stock price target raised to $620 from $600 at UBS\n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n July 15, 2021 09:31 ET (13:31 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","USB":"美国合众银行"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151522954","content_text":"MW Netflix stock price target raised to $620 from $600 at UBS\n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n July 15, 2021 09:31 ET (13:31 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147989808,"gmtCreate":1626327148804,"gmtModify":1703757965924,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147989808","repostId":"1158408141","repostType":2,"repost":{"id":"1158408141","pubTimestamp":1626310028,"share":"https://ttm.financial/m/news/1158408141?lang=&edition=fundamental","pubTime":"2021-07-15 08:47","market":"us","language":"en","title":"ARK Funds Are Offloading Their Exposure To China-Based Equities","url":"https://stock-news.laohu8.com/highlight/detail?id=1158408141","media":"zerohedge","summary":"Never one to be the contrarian, Cathie Wood's ARK Invest has \"had enough\" of Chinese stocks after th","content":"<p>Never one to be the contrarian, Cathie Wood's ARK Invest has \"had enough\" of Chinese stocks after the recent Didi debacle. ARK has been unloading its Chinese stocks, with holdings falling to the \"lowest on record\", Bloomberg noted this week.</p>\n<p>The country has a less than 1% weighting in ARK's Innovation ETF, down from 8% in February, the report notes. China's weighting in ARK's fintech ETF remains 18% and has fallen to 5.4% in the firm's Next Generation Internet ETF.</p>\n<p>Much of the drop in ARK's respective weightings comes from Wood offloading shares of Tencent and JD.com, as well as valuations of other names collapsing.</p>\n<p>“From a valuation point of view, these stocks have come down and again from a valuation point of view, probably will remain down,” Wood said this week.<i>We can't help but ask: all of a sudden valuation now matters to Wood? That's odd.</i></p>\n<p>“I do think there’s a valuation reset,” she continued.</p>\n<p>But the firm hasn't changed its 5 year outlook or price targets on Chinese names it still owns. Ark’s Asia innovation analyst Yulong Cui said this week: “This is largely because the regulatory changes have not, for the most part, impacted the businesses from a fundamental point of view with regards to cyber security clients or U.S. listing reviews.”</p>\n<p>Sebastien Galy, a senior macro strategist at Nordea Investment Funds, told Bloomberg that Chinese equities are “very momentum oriented being loaded on Tech and it likely made sense to reduce the footprint faced with regulatory pressure to encourage more competition in China.” He emphasized that \"regulatory scrutiny is here to stay for the next few years\".</p>\n<p>Matthew Kanterman, an analyst at Bloomberg Intelligence, concluded that “the regulatory overhang and crackdown on the use of consumer data could still represent a structural headwind to the growth of these companies.”</p>\n<p>The move comes after $1 trillion of market value in China-based equities has already disappeared amidst a crackdown from Beijing. Additionally, the Hang Sang Tech index is down 9% for the year.</p>\n<p><i>Maybe it's time to dive back into Chinese equities after all...</i></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>ARK Funds Are Offloading Their Exposure To China-Based Equities</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\">\nARK Funds Are Offloading Their Exposure To China-Based Equities\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 08:47 GMT+8 <a href=https://www.zerohedge.com/markets/ark-funds-are-offloading-their-exposure-china-based-equities><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Never one to be the contrarian, Cathie Wood's ARK Invest has \"had enough\" of Chinese stocks after the recent Didi debacle. ARK has been unloading its Chinese stocks, with holdings falling to the \"...</p>\n\n<a href=\"https://www.zerohedge.com/markets/ark-funds-are-offloading-their-exposure-china-based-equities\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKF":"ARK Fintech Innovation ETF","ARKK":"ARK Innovation ETF"},"source_url":"https://www.zerohedge.com/markets/ark-funds-are-offloading-their-exposure-china-based-equities","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158408141","content_text":"Never one to be the contrarian, Cathie Wood's ARK Invest has \"had enough\" of Chinese stocks after the recent Didi debacle. ARK has been unloading its Chinese stocks, with holdings falling to the \"lowest on record\", Bloomberg noted this week.\nThe country has a less than 1% weighting in ARK's Innovation ETF, down from 8% in February, the report notes. China's weighting in ARK's fintech ETF remains 18% and has fallen to 5.4% in the firm's Next Generation Internet ETF.\nMuch of the drop in ARK's respective weightings comes from Wood offloading shares of Tencent and JD.com, as well as valuations of other names collapsing.\n“From a valuation point of view, these stocks have come down and again from a valuation point of view, probably will remain down,” Wood said this week.We can't help but ask: all of a sudden valuation now matters to Wood? That's odd.\n“I do think there’s a valuation reset,” she continued.\nBut the firm hasn't changed its 5 year outlook or price targets on Chinese names it still owns. Ark’s Asia innovation analyst Yulong Cui said this week: “This is largely because the regulatory changes have not, for the most part, impacted the businesses from a fundamental point of view with regards to cyber security clients or U.S. listing reviews.”\nSebastien Galy, a senior macro strategist at Nordea Investment Funds, told Bloomberg that Chinese equities are “very momentum oriented being loaded on Tech and it likely made sense to reduce the footprint faced with regulatory pressure to encourage more competition in China.” He emphasized that \"regulatory scrutiny is here to stay for the next few years\".\nMatthew Kanterman, an analyst at Bloomberg Intelligence, concluded that “the regulatory overhang and crackdown on the use of consumer data could still represent a structural headwind to the growth of these companies.”\nThe move comes after $1 trillion of market value in China-based equities has already disappeared amidst a crackdown from Beijing. Additionally, the Hang Sang Tech index is down 9% for the year.\nMaybe it's time to dive back into Chinese equities after all...","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147916304,"gmtCreate":1626326812008,"gmtModify":1703757955942,"author":{"id":"4088575303240610","authorId":"4088575303240610","name":"50c6217b","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088575303240610","authorIdStr":"4088575303240610"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147916304","repostId":"1158174802","repostType":2,"repost":{"id":"1158174802","pubTimestamp":1626307894,"share":"https://ttm.financial/m/news/1158174802?lang=&edition=fundamental","pubTime":"2021-07-15 08:11","market":"us","language":"en","title":"Here's Why Apple Stock Jumped to a New All-Time High Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1158174802","media":"Motley Fool","summary":"Shareholders could be in store for even more gains.Shares of $Apple$ climbed to a record high on Wednesday, following bullish analyst commentary and reports of substantially higher iPhone production rates. As of 2 p.m. EDT, the stock's price was up more than 2%, which placed Apple's market capitalization at a staggering $2.5 trillion.Apple is expected to debut its latest-generation iPhones in September. Upgraded processors, displays, and cameras should all help to add to the device's allure amon","content":"<blockquote>\n Shareholders could be in store for even more gains.\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/1ccdffb5c79b7b06da6ba63aa32eabb0\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n<p><b>What happened</b></p>\n<p>Shares of <b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b> climbed to a record high on Wednesday, following bullish analyst commentary and reports of substantially higher iPhone production rates. As of 2 p.m. EDT, the stock's price was up more than 2%, which placed Apple's market capitalization at a staggering $2.5 trillion.</p>\n<p><b>So what</b></p>\n<p>Thetechtitan is striving to manufacture as many as 90 million of its newest iPhones this year, according to Bloomberg. Apple is reportedly preparing to boost shipments by 20% compared to 2020's levels.</p>\n<p>Apple is expected to debut its latest-generation iPhones in September. Upgraded processors, displays, and cameras should all help to add to the device's allure among consumers.</p>\n<p>Meanwhile, analyst Samik Chatterjee added Apple to J.P. Morgan's \"focus list\" on Wednesday. Chatterjee sees Apple's shares reaching $175, fueled by higher iPhone and Mac sales. If he's correct, shareholders could enjoy gains of roughly 17% from the stock's current price near $149.</p>\n<p><b>Now what</b></p>\n<p>Apple is in the midst of a 5G-fueled iPhone supercycle. The fifth-generation wireless technology promises to provide users with blazingly fast download speeds and enable a host of advanced technologies.</p>\n<p>Surging iPhone sales are also boosting demand for Apple's steadily expanding array of services. These high-margin revenue streams, in turn, are helping to fuel the company's stunning earnings growth. <a href=\"https://laohu8.com/S/ISBC\">Investors</a> -- excited about the prospect of even greater profits ahead -- are bidding up the tech giant's shares to new all-time highs Wednesday.</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>Here's Why Apple Stock Jumped to a New All-Time High Wednesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why Apple Stock Jumped to a New All-Time High Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 08:11 GMT+8 <a href=https://www.fool.com/investing/2021/07/14/heres-why-apple-stock-jumped-to-a-new-all-time-hig/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shareholders could be in store for even more gains.\n\n\nWhat happened\nShares of Apple climbed to a record high on Wednesday, following bullish analyst commentary and reports of substantially higher ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/14/heres-why-apple-stock-jumped-to-a-new-all-time-hig/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","03086":"华夏纳指","NGD":"New Gold","09086":"华夏纳指-U"},"source_url":"https://www.fool.com/investing/2021/07/14/heres-why-apple-stock-jumped-to-a-new-all-time-hig/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158174802","content_text":"Shareholders could be in store for even more gains.\n\n\nWhat happened\nShares of Apple climbed to a record high on Wednesday, following bullish analyst commentary and reports of substantially higher iPhone production rates. As of 2 p.m. EDT, the stock's price was up more than 2%, which placed Apple's market capitalization at a staggering $2.5 trillion.\nSo what\nThetechtitan is striving to manufacture as many as 90 million of its newest iPhones this year, according to Bloomberg. Apple is reportedly preparing to boost shipments by 20% compared to 2020's levels.\nApple is expected to debut its latest-generation iPhones in September. Upgraded processors, displays, and cameras should all help to add to the device's allure among consumers.\nMeanwhile, analyst Samik Chatterjee added Apple to J.P. Morgan's \"focus list\" on Wednesday. Chatterjee sees Apple's shares reaching $175, fueled by higher iPhone and Mac sales. If he's correct, shareholders could enjoy gains of roughly 17% from the stock's current price near $149.\nNow what\nApple is in the midst of a 5G-fueled iPhone supercycle. The fifth-generation wireless technology promises to provide users with blazingly fast download speeds and enable a host of advanced technologies.\nSurging iPhone sales are also boosting demand for Apple's steadily expanding array of services. These high-margin revenue streams, in turn, are helping to fuel the company's stunning earnings growth. Investors -- excited about the prospect of even greater profits ahead -- are bidding up the tech giant's shares to new all-time highs Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}