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Summer Blockbusters Are Back! What That Means for AMC Stock
Joeian
2021-07-17
Noted
Dow drops nearly 300 points on Friday, snaps 3-week winning streak
Go to Tiger App to see more news
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What That Means for AMC Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2151892500","media":"Motley Fool","summary":"Movie releases on the July 9 weekend helped AMC reported its biggest crowds since before the pandemic.","content":"<p>Blockbuster movies have returned to the movie theaters and not a moment too soon for <b>AMC Entertainment Holdings</b> (NYSE:AMC). The international theater chain was <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the hardest-hit companies during the pandemic. Nearly all of its revenue comes from bringing folks together in one room to watch films on a large screen.</p>\n<p>Its business was devastated when it had to shut its doors to the viewing public as the world tried to slow the spread of the coronavirus. Major studios either delayed the release of big-ticket films or sent them straight to streaming services, a move that was slowing AMC's sales recovery even as it reopened theaters.</p>\n<h2>Blockbusters are back</h2>\n<p>The July 9 weekend could mark a turning point in the bounce back for movie theater chain AMC. Buoyed by the release of the long-delayed blockbuster film <i>Black Widow</i> from <b>Walt Disney</b>, AMC reported a post-reopening record with 3.2 million moviegoers over the weekend.</p>\n<p>According to estimates, Black Widow generated $158 million in box office sales worldwide. Additionally, another blockbuster from <b>Comcast</b>'s Universal Pictures, <i>F9: The Fast Saga</i>, has earned $542 million. That's just the beginning. More films are on the way as studios have stopped delaying releases.</p>\n<p>It looks as though AMC has made it through the worst of the pandemic. There were moments during the most acute phases of lockdowns when the company's survival was in jeopardy. Management can be commended for urgently raising cash and cutting costs, and ensuring it had the resources to make it through.</p>\n<h2>Fundamentals matter</h2>\n<p>Some of the capital the company raised during the pandemic was through borrowing. Its balance sheet has swelled to contain $5.4 billion in debt, and in the most recent quarter, the company paid interest expenses of $151.5 million. Annualized, its interest expense will be over $600 million.</p>\n<p>What makes that figure troublesome is that the most annual operating income AMC earned over the last decade was $310 million. So while it's great news that big-ticket movies are returning to movie theaters, AMC still has a lot of work to do before it fully bounces back. For instance, even if it matches its pre-pandemic high of $310 million in operating income, AMC will likely still report a loss on the bottom line because of the interest expense.</p>\n<h2>Missed opportunity</h2>\n<p>Management understands the company's issues and is working on raising equity, presumably to pay down debt. It set forth a proposal to shareholders to authorize more shares for sale but withdrew the proposal in the face of negative feedback. Shareholders had the opportunity to help improve the long-run prospects of AMC but were not interested in the idea.</p>\n<p>The fear was that the additional supply of shares in the market could drive down the stock price. And the short-term share price movement appears to be more of a concern for investors in AMC than the long-term fundamentals of the company.</p>\n<p>AMC's role as the focal point for a group of retail traders on Reddit makes the stock trade at a price that appears to be divorced from fundaments. As a result, AMC's stock price could continue higher despite its apparent poor financial circumstances.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Summer Blockbusters Are Back! What That Means for AMC Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSummer Blockbusters Are Back! What That Means for AMC Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 22:55 GMT+8 <a href=https://www.fool.com/investing/2021/07/16/summer-blockbusters-back-what-that-means-for-amc/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Blockbuster movies have returned to the movie theaters and not a moment too soon for AMC Entertainment Holdings (NYSE:AMC). The international theater chain was one of the hardest-hit companies during ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/16/summer-blockbusters-back-what-that-means-for-amc/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/07/16/summer-blockbusters-back-what-that-means-for-amc/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151892500","content_text":"Blockbuster movies have returned to the movie theaters and not a moment too soon for AMC Entertainment Holdings (NYSE:AMC). The international theater chain was one of the hardest-hit companies during the pandemic. Nearly all of its revenue comes from bringing folks together in one room to watch films on a large screen.\nIts business was devastated when it had to shut its doors to the viewing public as the world tried to slow the spread of the coronavirus. Major studios either delayed the release of big-ticket films or sent them straight to streaming services, a move that was slowing AMC's sales recovery even as it reopened theaters.\nBlockbusters are back\nThe July 9 weekend could mark a turning point in the bounce back for movie theater chain AMC. Buoyed by the release of the long-delayed blockbuster film Black Widow from Walt Disney, AMC reported a post-reopening record with 3.2 million moviegoers over the weekend.\nAccording to estimates, Black Widow generated $158 million in box office sales worldwide. Additionally, another blockbuster from Comcast's Universal Pictures, F9: The Fast Saga, has earned $542 million. That's just the beginning. More films are on the way as studios have stopped delaying releases.\nIt looks as though AMC has made it through the worst of the pandemic. There were moments during the most acute phases of lockdowns when the company's survival was in jeopardy. Management can be commended for urgently raising cash and cutting costs, and ensuring it had the resources to make it through.\nFundamentals matter\nSome of the capital the company raised during the pandemic was through borrowing. Its balance sheet has swelled to contain $5.4 billion in debt, and in the most recent quarter, the company paid interest expenses of $151.5 million. Annualized, its interest expense will be over $600 million.\nWhat makes that figure troublesome is that the most annual operating income AMC earned over the last decade was $310 million. So while it's great news that big-ticket movies are returning to movie theaters, AMC still has a lot of work to do before it fully bounces back. For instance, even if it matches its pre-pandemic high of $310 million in operating income, AMC will likely still report a loss on the bottom line because of the interest expense.\nMissed opportunity\nManagement understands the company's issues and is working on raising equity, presumably to pay down debt. It set forth a proposal to shareholders to authorize more shares for sale but withdrew the proposal in the face of negative feedback. Shareholders had the opportunity to help improve the long-run prospects of AMC but were not interested in the idea.\nThe fear was that the additional supply of shares in the market could drive down the stock price. And the short-term share price movement appears to be more of a concern for investors in AMC than the long-term fundamentals of the company.\nAMC's role as the focal point for a group of retail traders on Reddit makes the stock trade at a price that appears to be divorced from fundaments. As a result, AMC's stock price could continue higher despite its apparent poor financial circumstances.","news_type":1},"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179324564,"gmtCreate":1626487848358,"gmtModify":1703760999159,"author":{"id":"4089587882647250","authorId":"4089587882647250","name":"Joeian","avatar":"https://static.tigerbbs.com/efc9b6a674dd8319663601e85bdde06d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089587882647250","authorIdStr":"4089587882647250"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/179324564","repostId":"1198202103","repostType":4,"repost":{"id":"1198202103","kind":"news","pubTimestamp":1626481985,"share":"https://ttm.financial/m/news/1198202103?lang=&edition=fundamental","pubTime":"2021-07-17 08:33","market":"us","language":"en","title":"Dow drops nearly 300 points on Friday, snaps 3-week winning streak","url":"https://stock-news.laohu8.com/highlight/detail?id=1198202103","media":"CNBC","summary":"U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as ","content":"<div>\n<p>U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow drops nearly 300 points on Friday, snaps 3-week winning streak</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\">\nDow drops nearly 300 points on Friday, snaps 3-week winning streak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-17 08:33 GMT+8 <a href=https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198202103","content_text":"U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\nThe Dow lost 299.17 points, or 0.86%, to close at 34,687.85. The S&P 500 dipped 0.75% to 4,327.16 and the Nasdaq Composite shed 0.8% to 14,427.24.\nThe three averages closed the week lower to each snap 3-week win streaks. The Dow ended the week down 0.52%, while the S&P 500 dipped 0.97% and the Nasdaq Composite fell 1.87% during the same period.\n\nA U.S.consumer sentimentindex from the University of Michigan came in at 80.8 for the first half of July, down from 85.5 last month and worse than estimates from economists, who projected an increase. The report released Friday showed inflation expectations rising, with consumers believing prices will increase 4.8% in the next year, the highest level since August 2008.\nThe Dow gave up its gains early Friday shortly after the University of Michigan report came out 30 minutes into the session. Losses increased as the day went on with major averages closing at the lows of the session.\nThe consumer sentiment weakness “is at face value hard to square with the acceleration in employment growth and the continued resilience of the stock market,” said Andrew Hunter, senior U.S. economist at Capital Economics, but the report “suggested that concerns over surging inflation are now outweighing those positive trends.”\nInflation fears\nThe market was held back all week by inflation fears although the S&P 500 and Dow did touch new all-time highs briefly. On Tuesday, theconsumer price indexshowed a 5.4% increase in June from a year ago, the fastest pace in nearly 13 years.\nStocks got off to a good start Friday with the Dow rising more than 100 points to above 35,000 shortly after the open.Data released before the bell showed retail and food service salesrose 0.6% in June, while economists surveyed by Dow Jones had expected a 0.4% decline. If that level held, it would have been the Dow’s first close ever above 35,000.\nDespite the week’s losses, the Dow is still up 13% for the year and sits just 1.15% from an all-time high. The S&P 500 is up 15% on the year and is 1.51% below its record level.\n“The market looks broadly fairly valued to me, with most stocks priced to provide a market rate of return plus or minus a few percent,” Bill Miller, chairman and chief investment officer of Miller Value Partners,said in an investor letter.\n“There are pockets of what look like appreciable over-valuation and pockets of significant undervaluation in the US market, in my opinion. We can find plenty of names to fill our portfolios and so remain fully invested,” the value investor added.\nEnergy correction\nEnergy stocks, the hottest part of the market in 2021, fell into correction territory on Friday as oil prices pulled back from their highs.\nThe Energy Select Sector SPDR Fund fell more than 2% on Friday, the worst of any group, dropping 14% from its high. Still, the sector is up about 28% in 2021, making it the top performer of any of the 11 main industry groups.\nWeaker performance from technology stocks also weighed on the market Friday. Shares of Apple closed 1.4% lower afternotching a record closejust two days prior. Netflix shares fell ahead of the streaming giant’s second-quarter earnings report next week.\nInvestors digested strong earnings results from the first major week of second-quarter reports. Though some of the nation’s largest companies posted healthy earnings and revenues amid the economic recovery, the reaction in the stock market has so far been muted.\nThe Financial Select Sector SPDR Fund ended the week 1.5% lower despite big profit growth numbers posted by the likes of JPMorgan Chase and Bank of America.\n“Good earnings might have become an excuse for some investors to take profit. And with earnings expectations so high in general, it takes a really big beat for a company to impress,” JJ Kinahan, TD Ameritrade chief market strategist, said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":179343236,"gmtCreate":1626488664425,"gmtModify":1703761017902,"author":{"id":"4089587882647250","authorId":"4089587882647250","name":"Joeian","avatar":"https://static.tigerbbs.com/efc9b6a674dd8319663601e85bdde06d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089587882647250","authorIdStr":"4089587882647250"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/179343236","repostId":"2151892500","repostType":4,"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171818239,"gmtCreate":1626735971621,"gmtModify":1703764039574,"author":{"id":"4089587882647250","authorId":"4089587882647250","name":"Joeian","avatar":"https://static.tigerbbs.com/efc9b6a674dd8319663601e85bdde06d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089587882647250","authorIdStr":"4089587882647250"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171818239","repostId":"2152483637","repostType":4,"repost":{"id":"2152483637","kind":"highlight","pubTimestamp":1626707880,"share":"https://ttm.financial/m/news/2152483637?lang=&edition=fundamental","pubTime":"2021-07-19 23:18","market":"us","language":"en","title":"$10,000 Invested in These Growth Stocks Could Make You a Fortune Over the Next 10 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=2152483637","media":"Motley Fool","summary":"All three of them are well-positioned for tremendous growth.","content":"<blockquote>\n All three of them are well-positioned for tremendous growth.\n</blockquote>\n<p><b>Key <a href=\"https://laohu8.com/S/PCOM\">Points</a></b></p>\n<ul>\n <li>One stock should profit from the popularity of gaming and the increased adoption of artificial intelligence.</li>\n <li>Another stock is set to grow as it expands into new markets.</li>\n <li>The smallest of the three stocks offers a game-changing approach to diagnosing skin cancer.</li>\n</ul>\n<p>All you need is three ingredients to cook up sizzling stock returns. Those ingredients are a sufficient upfront amount of cash to invest, the right stocks to buy, and a long enough period of time.</p>\n<p>You might have noticed there are some vague words included in those ingredients, though: sufficient, right, long enough. How much upfront cash is sufficient? What are the \"right\" stocks to buy? How long is long enough to hold those stocks?</p>\n<p>The correct answers to those questions can vary. Some stocks don't require as big of an upfront investment or as lengthy of a holding period to generate tremendous returns as others do.</p>\n<p>However, I'll take a stab at answering all three questions in a way that is specific instead of vague. I think that $10,000 invested in these growth stocks could make you a fortune over the next 10 years.</p>\n<p>Image source: <a href=\"https://laohu8.com/S/GTY\">Getty</a> Images.</p>\n<h3><a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> </h3>\n<p>If you had invested $10,000 in <b>Nvidia</b> (NASDAQ:NVDA) a decade ago and held onto your shares, your investment would now be worth over $500,000. Will the stock deliver that kind of return over the next 10 years? Almost certainly not. However, I think that Nvidia will still be a huge winner for a long time to come.</p>\n<p>To be sure, there could be considerable volatility along the way. A cryptocurrency crash could pull down Nvidia's share price. It's happened in the past. The stock could also fall when the supply of chips catches up with demand.</p>\n<p>But over the long term, there are multiple tailwinds that work to Nvidia's advantage. One is the massive popularity of gaming with frequent upgrade cycles that drive demand for the company's latest graphics processing units. Another is the increased use of artificial intelligence in applications, which creates an expanding market for Nvidia as well.</p>\n<p>My view is that self-driving car technology will become a much larger opportunity for Nvidia over the next few years. I also expect that the proliferation of devices connected to the internet via 5G networks will also be a key growth driver for the company.</p>\n<p>Nvidia's market cap currently stands at close to $470 billion. I think the company can more than double its size over the next decade.</p>\n<h3><a href=\"https://laohu8.com/S/ETSY\">Etsy</a></h3>\n<p>You couldn't have invested any amount in<b>Etsy</b> (NASDAQ:ETSY) 10 years ago. The e-commerce company didn't list its shares on a public exchange until 2015. Since then, the stock has soared more than 500%. And Etsy has just begun to tap its potential.</p>\n<p>The company operates the go-to platform for buying unique hand-crafted products. Thanks to the COVID-19 pandemic, Etsy attracted lots of new customers. It also realized that its total addressable market was much bigger than it previously thought. Etsy CEO Josh Silverman put it this way: \"The size of Etsy's addressable market starts with a T not with a B.\"</p>\n<p>Etsy continues to enhance the product experience for customers to drive higher sales, including using strategic discounts and improving its search capabilities. It has also made a couple of acquisitions recently that give the company a presence in Latin America and in the fashion resale market.</p>\n<p>The company's market cap is less than $24 billion despite Etsy's tremendous growth. Although the stock trades at nearly 65 times expected earnings, I think that Etsy is actually cheap in light of its huge growth opportunity.</p>\n<h3><a href=\"https://laohu8.com/S/DMTK\">DermTech, Inc.</a> </h3>\n<p><b>DermTech</b> (NASDAQ:DMTK) is by far the smallest of these three growth stocks with its market cap below $1 billion. Unlike Nvidia and Etsy, the company isn't profitable yet. And DermTech hasn't delivered nearly as impressive gains. However, I believe that it could potentially make investors the most money over the next 10 years of the three stocks on the list.</p>\n<p>Great companies address big problems in a new way. That's exactly what DermTech is doing. It's trying to revolutionize how skin cancer is detected. The current approach requires visual inspection and surgical biopsy. DermTech uses non-invasive genomic testing. Adhesive patches are applied to the skin and then sent to a lab for analysis. No cutting is required.</p>\n<p>DermTech's skin genomics tests are 17 less likely to miss a diagnosis of melanoma than the current biopsy approach. And the cost of DermTech's method is significantly lower as well.</p>\n<p>The total annual market opportunity for DermTech including all types of skin cancer is around $10 billion. DermTech already has two products on the market for melanoma and continues to develop new products that will enable it to target other types of skin cancer. The company is still only in its early innings, but I expect that DermTech will be a big winner over the long term.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>$10,000 Invested in These Growth Stocks Could Make You a Fortune Over the Next 10 Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n$10,000 Invested in These Growth Stocks Could Make You a Fortune Over the Next 10 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 23:18 GMT+8 <a href=https://www.fool.com/investing/2021/07/19/10000-invested-in-these-growth-stocks-could-make-y/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>All three of them are well-positioned for tremendous growth.\n\nKey Points\n\nOne stock should profit from the popularity of gaming and the increased adoption of artificial intelligence.\nAnother stock is ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/19/10000-invested-in-these-growth-stocks-could-make-y/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ETSY":"Etsy, Inc."},"source_url":"https://www.fool.com/investing/2021/07/19/10000-invested-in-these-growth-stocks-could-make-y/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152483637","content_text":"All three of them are well-positioned for tremendous growth.\n\nKey Points\n\nOne stock should profit from the popularity of gaming and the increased adoption of artificial intelligence.\nAnother stock is set to grow as it expands into new markets.\nThe smallest of the three stocks offers a game-changing approach to diagnosing skin cancer.\n\nAll you need is three ingredients to cook up sizzling stock returns. Those ingredients are a sufficient upfront amount of cash to invest, the right stocks to buy, and a long enough period of time.\nYou might have noticed there are some vague words included in those ingredients, though: sufficient, right, long enough. How much upfront cash is sufficient? What are the \"right\" stocks to buy? How long is long enough to hold those stocks?\nThe correct answers to those questions can vary. Some stocks don't require as big of an upfront investment or as lengthy of a holding period to generate tremendous returns as others do.\nHowever, I'll take a stab at answering all three questions in a way that is specific instead of vague. I think that $10,000 invested in these growth stocks could make you a fortune over the next 10 years.\nImage source: Getty Images.\nNVIDIA Corp \nIf you had invested $10,000 in Nvidia (NASDAQ:NVDA) a decade ago and held onto your shares, your investment would now be worth over $500,000. Will the stock deliver that kind of return over the next 10 years? Almost certainly not. However, I think that Nvidia will still be a huge winner for a long time to come.\nTo be sure, there could be considerable volatility along the way. A cryptocurrency crash could pull down Nvidia's share price. It's happened in the past. The stock could also fall when the supply of chips catches up with demand.\nBut over the long term, there are multiple tailwinds that work to Nvidia's advantage. One is the massive popularity of gaming with frequent upgrade cycles that drive demand for the company's latest graphics processing units. Another is the increased use of artificial intelligence in applications, which creates an expanding market for Nvidia as well.\nMy view is that self-driving car technology will become a much larger opportunity for Nvidia over the next few years. I also expect that the proliferation of devices connected to the internet via 5G networks will also be a key growth driver for the company.\nNvidia's market cap currently stands at close to $470 billion. I think the company can more than double its size over the next decade.\nEtsy\nYou couldn't have invested any amount inEtsy (NASDAQ:ETSY) 10 years ago. The e-commerce company didn't list its shares on a public exchange until 2015. Since then, the stock has soared more than 500%. And Etsy has just begun to tap its potential.\nThe company operates the go-to platform for buying unique hand-crafted products. Thanks to the COVID-19 pandemic, Etsy attracted lots of new customers. It also realized that its total addressable market was much bigger than it previously thought. Etsy CEO Josh Silverman put it this way: \"The size of Etsy's addressable market starts with a T not with a B.\"\nEtsy continues to enhance the product experience for customers to drive higher sales, including using strategic discounts and improving its search capabilities. It has also made a couple of acquisitions recently that give the company a presence in Latin America and in the fashion resale market.\nThe company's market cap is less than $24 billion despite Etsy's tremendous growth. Although the stock trades at nearly 65 times expected earnings, I think that Etsy is actually cheap in light of its huge growth opportunity.\nDermTech, Inc. \nDermTech (NASDAQ:DMTK) is by far the smallest of these three growth stocks with its market cap below $1 billion. Unlike Nvidia and Etsy, the company isn't profitable yet. And DermTech hasn't delivered nearly as impressive gains. However, I believe that it could potentially make investors the most money over the next 10 years of the three stocks on the list.\nGreat companies address big problems in a new way. That's exactly what DermTech is doing. It's trying to revolutionize how skin cancer is detected. The current approach requires visual inspection and surgical biopsy. DermTech uses non-invasive genomic testing. Adhesive patches are applied to the skin and then sent to a lab for analysis. No cutting is required.\nDermTech's skin genomics tests are 17 less likely to miss a diagnosis of melanoma than the current biopsy approach. And the cost of DermTech's method is significantly lower as well.\nThe total annual market opportunity for DermTech including all types of skin cancer is around $10 billion. DermTech already has two products on the market for melanoma and continues to develop new products that will enable it to target other types of skin cancer. The company is still only in its early innings, but I expect that DermTech will be a big winner over the long term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171091816,"gmtCreate":1626694021935,"gmtModify":1703763447029,"author":{"id":"4089587882647250","authorId":"4089587882647250","name":"Joeian","avatar":"https://static.tigerbbs.com/efc9b6a674dd8319663601e85bdde06d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089587882647250","authorIdStr":"4089587882647250"},"themes":[],"htmlText":"Ssd","listText":"Ssd","text":"Ssd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171091816","repostId":"2152632179","repostType":4,"repost":{"id":"2152632179","kind":"highlight","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":1626685912,"share":"https://ttm.financial/m/news/2152632179?lang=&edition=fundamental","pubTime":"2021-07-19 17:11","market":"hk","language":"en","title":"5 Stocks To Watch For July 19, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2152632179","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:","content":"<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> <a href=\"https://laohu8.com/S/AN\">AutoNation</a>, Inc.</b> (NYSE:AN) to report quarterly earnings at $2.58 per share on revenue of $6.02 billion before the opening bell. AutoNation shares fell 0.2% to $102.40 in after-hours trading.</li>\n <li><b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications Inc</b> (NASDAQ:ZM) announced plans to buy <b><a href=\"https://laohu8.com/S/FIVN\">Five9 Inc</a></b> (NASDAQ:FIVN) in a $14.7 billion all-stock deal that will help it boost its presence beyond video chat. Zoom shares fell 0.1% to $361.70 in after-hours trading, while Five9 shares gained 0.6% to close at $177.60 on Friday.</li>\n</ul>\n<ul>\n <li>Analysts are expecting <b> <a href=\"https://laohu8.com/S/IBM\">IBM</a></b> (NYSE:IBM) to have earned $2.29 per share on revenue of $18.29 billion for the latest quarter. The company will release earnings after the markets close. IBM shares gained 0.1% to $139.00 in after-hours trading.</li>\n <li>Analysts expect <b> PPG Industries, Inc.</b> (NYSE:PPG) to report quarterly earnings at $2.20 per share on revenue of $4.33 billion after the closing bell. PPG shares rose 0.5% to $171.11 in after-hours trading.</li>\n</ul>","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>5 Stocks To Watch For July 19, 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Stocks To Watch For July 19, 2021\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\">2021-07-19 17:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> <a href=\"https://laohu8.com/S/AN\">AutoNation</a>, Inc.</b> (NYSE:AN) to report quarterly earnings at $2.58 per share on revenue of $6.02 billion before the opening bell. AutoNation shares fell 0.2% to $102.40 in after-hours trading.</li>\n <li><b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications Inc</b> (NASDAQ:ZM) announced plans to buy <b><a href=\"https://laohu8.com/S/FIVN\">Five9 Inc</a></b> (NASDAQ:FIVN) in a $14.7 billion all-stock deal that will help it boost its presence beyond video chat. Zoom shares fell 0.1% to $361.70 in after-hours trading, while Five9 shares gained 0.6% to close at $177.60 on Friday.</li>\n</ul>\n<ul>\n <li>Analysts are expecting <b> <a href=\"https://laohu8.com/S/IBM\">IBM</a></b> (NYSE:IBM) to have earned $2.29 per share on revenue of $18.29 billion for the latest quarter. The company will release earnings after the markets close. IBM shares gained 0.1% to $139.00 in after-hours trading.</li>\n <li>Analysts expect <b> PPG Industries, Inc.</b> (NYSE:PPG) to report quarterly earnings at $2.20 per share on revenue of $4.33 billion after the closing bell. PPG shares rose 0.5% to $171.11 in after-hours trading.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PPG":"PPG工业","FIVN":"Five9 Inc","AN":"车之国公司","IBM":"IBM","ZM":"Zoom"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152632179","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects AutoNation, Inc. (NYSE:AN) to report quarterly earnings at $2.58 per share on revenue of $6.02 billion before the opening bell. AutoNation shares fell 0.2% to $102.40 in after-hours trading.\nZoom Video Communications Inc (NASDAQ:ZM) announced plans to buy Five9 Inc (NASDAQ:FIVN) in a $14.7 billion all-stock deal that will help it boost its presence beyond video chat. Zoom shares fell 0.1% to $361.70 in after-hours trading, while Five9 shares gained 0.6% to close at $177.60 on Friday.\n\n\nAnalysts are expecting IBM (NYSE:IBM) to have earned $2.29 per share on revenue of $18.29 billion for the latest quarter. The company will release earnings after the markets close. IBM shares gained 0.1% to $139.00 in after-hours trading.\nAnalysts expect PPG Industries, Inc. (NYSE:PPG) to report quarterly earnings at $2.20 per share on revenue of $4.33 billion after the closing bell. PPG shares rose 0.5% to $171.11 in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179324564,"gmtCreate":1626487848358,"gmtModify":1703760999159,"author":{"id":"4089587882647250","authorId":"4089587882647250","name":"Joeian","avatar":"https://static.tigerbbs.com/efc9b6a674dd8319663601e85bdde06d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089587882647250","authorIdStr":"4089587882647250"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/179324564","repostId":"1198202103","repostType":4,"repost":{"id":"1198202103","kind":"news","pubTimestamp":1626481985,"share":"https://ttm.financial/m/news/1198202103?lang=&edition=fundamental","pubTime":"2021-07-17 08:33","market":"us","language":"en","title":"Dow drops nearly 300 points on Friday, snaps 3-week winning streak","url":"https://stock-news.laohu8.com/highlight/detail?id=1198202103","media":"CNBC","summary":"U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as ","content":"<div>\n<p>U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nDow drops nearly 300 points on Friday, snaps 3-week winning streak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-17 08:33 GMT+8 <a href=https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198202103","content_text":"U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\nThe Dow lost 299.17 points, or 0.86%, to close at 34,687.85. The S&P 500 dipped 0.75% to 4,327.16 and the Nasdaq Composite shed 0.8% to 14,427.24.\nThe three averages closed the week lower to each snap 3-week win streaks. The Dow ended the week down 0.52%, while the S&P 500 dipped 0.97% and the Nasdaq Composite fell 1.87% during the same period.\n\nA U.S.consumer sentimentindex from the University of Michigan came in at 80.8 for the first half of July, down from 85.5 last month and worse than estimates from economists, who projected an increase. The report released Friday showed inflation expectations rising, with consumers believing prices will increase 4.8% in the next year, the highest level since August 2008.\nThe Dow gave up its gains early Friday shortly after the University of Michigan report came out 30 minutes into the session. Losses increased as the day went on with major averages closing at the lows of the session.\nThe consumer sentiment weakness “is at face value hard to square with the acceleration in employment growth and the continued resilience of the stock market,” said Andrew Hunter, senior U.S. economist at Capital Economics, but the report “suggested that concerns over surging inflation are now outweighing those positive trends.”\nInflation fears\nThe market was held back all week by inflation fears although the S&P 500 and Dow did touch new all-time highs briefly. On Tuesday, theconsumer price indexshowed a 5.4% increase in June from a year ago, the fastest pace in nearly 13 years.\nStocks got off to a good start Friday with the Dow rising more than 100 points to above 35,000 shortly after the open.Data released before the bell showed retail and food service salesrose 0.6% in June, while economists surveyed by Dow Jones had expected a 0.4% decline. If that level held, it would have been the Dow’s first close ever above 35,000.\nDespite the week’s losses, the Dow is still up 13% for the year and sits just 1.15% from an all-time high. The S&P 500 is up 15% on the year and is 1.51% below its record level.\n“The market looks broadly fairly valued to me, with most stocks priced to provide a market rate of return plus or minus a few percent,” Bill Miller, chairman and chief investment officer of Miller Value Partners,said in an investor letter.\n“There are pockets of what look like appreciable over-valuation and pockets of significant undervaluation in the US market, in my opinion. We can find plenty of names to fill our portfolios and so remain fully invested,” the value investor added.\nEnergy correction\nEnergy stocks, the hottest part of the market in 2021, fell into correction territory on Friday as oil prices pulled back from their highs.\nThe Energy Select Sector SPDR Fund fell more than 2% on Friday, the worst of any group, dropping 14% from its high. Still, the sector is up about 28% in 2021, making it the top performer of any of the 11 main industry groups.\nWeaker performance from technology stocks also weighed on the market Friday. Shares of Apple closed 1.4% lower afternotching a record closejust two days prior. Netflix shares fell ahead of the streaming giant’s second-quarter earnings report next week.\nInvestors digested strong earnings results from the first major week of second-quarter reports. Though some of the nation’s largest companies posted healthy earnings and revenues amid the economic recovery, the reaction in the stock market has so far been muted.\nThe Financial Select Sector SPDR Fund ended the week 1.5% lower despite big profit growth numbers posted by the likes of JPMorgan Chase and Bank of America.\n“Good earnings might have become an excuse for some investors to take profit. And with earnings expectations so high in general, it takes a really big beat for a company to impress,” JJ Kinahan, TD Ameritrade chief market strategist, said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}