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2021-07-28

Ok

Pfizer raises estimates for 2021 sales of COVID-19 vaccine to $33.5 bln

2021-09-22

$Apple(AAPL)$ok

2021-07-28

Oh

Spotify's Q2 Results Beat Estimates

2021-08-23

Apple

2021-08-05

Good afternoon

2021-08-04

This is good

2021-07-28

Mmm

8 Stocks To Watch For July 28, 2021

2021-07-28

Oh

Walmart's Flipkart asks India's top court to stall antitrust queries, probe

2021-07-28

Oh

Treasury yields climb ahead of Fed policy decision

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Facebook shares rose 1.8% to $374.39 in premarket trading.</li>\n <li><b>Alphabet Inc</b> (NASDAQ:GOOGL) reported better-than-expected results for its second quarter on Tuesday. Alphabet shares gained 4% to $2,744.00 in premarket trading.</li>\n</ul>\n<ul>\n <li>Analysts expect <b>Pfizer Inc.</b> (NYSE:PFE) to report quarterly earnings at $0.96 per share on revenue of $18.45 billion before the opening bell. Pfizer shares slipped 0.4% to $41.94 in premarket trading.</li>\n <li><b>Microsoft Corporation</b> (NASDAQ:MSFT) posted upbeat earnings for its fourth quarter on Tuesday. Microsoft shares gained 0.5% to $288.00 in premarket trading.</li>\n <li>Analysts are expecting <b>McDonald's Corp</b> (NYSE:MCD) to have earned $2.08 per share on revenue of $5.53 billion for the latest quarter. The company will release earnings before the markets open. McDonald's shares slipped 0.1% to $246.00 in after-hours trading.</li>\n <li><b>Starbucks Corporation</b> (NASDAQ:SBUX) reported better-than-expected results for its third quarter and raised its FY21 guidance. Starbucks shares, however, fell 2.4% to $123.07 in premarket 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>8 Stocks To Watch For July 28, 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\">\n8 Stocks To Watch For July 28, 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\">2021-07-28 17:01</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>Boeing Co</b> (NYSE:BA) to report quarterly a loss at $0.72 per share on revenue of $17.78 billion before the opening bell. Boeing shares rose 0.6% to $223.65 in premarket trading.</li>\n <li><b>Apple Inc</b> (NASDAQ:AAPL) reported stronger-than-expected results for its third quarter, driven by double-digit growth across its product categories. Apple's flagship product – the iPhone – fetched revenues of $39.57 billion or 48.6% of the total revenues. Apple shares, however, fell 0.9% to $145.42 in premarket trading.</li>\n <li>Analysts expect <b><a href=\"https://laohu8.com/S/FB\">Facebook</a>, Inc.</b> (NASDAQ:FB) to post quarterly earnings at $3.02 per share on revenue of $27.82 billion after the closing bell. Facebook shares rose 1.8% to $374.39 in premarket trading.</li>\n <li><b>Alphabet Inc</b> (NASDAQ:GOOGL) reported better-than-expected results for its second quarter on Tuesday. Alphabet shares gained 4% to $2,744.00 in premarket trading.</li>\n</ul>\n<ul>\n <li>Analysts expect <b>Pfizer Inc.</b> (NYSE:PFE) to report quarterly earnings at $0.96 per share on revenue of $18.45 billion before the opening bell. Pfizer shares slipped 0.4% to $41.94 in premarket trading.</li>\n <li><b>Microsoft Corporation</b> (NASDAQ:MSFT) posted upbeat earnings for its fourth quarter on Tuesday. Microsoft shares gained 0.5% to $288.00 in premarket trading.</li>\n <li>Analysts are expecting <b>McDonald's Corp</b> (NYSE:MCD) to have earned $2.08 per share on revenue of $5.53 billion for the latest quarter. The company will release earnings before the markets open. McDonald's shares slipped 0.1% to $246.00 in after-hours trading.</li>\n <li><b>Starbucks Corporation</b> (NASDAQ:SBUX) reported better-than-expected results for its third quarter and raised its FY21 guidance. Starbucks shares, however, fell 2.4% to $123.07 in premarket trading.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","SBUX":"星巴克","GOOGL":"谷歌A","BA":"波音","MCD":"麦当劳","PFE":"辉瑞","MSFT":"微软"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154405999","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects Boeing Co (NYSE:BA) to report quarterly a loss at $0.72 per share on revenue of $17.78 billion before the opening bell. Boeing shares rose 0.6% to $223.65 in premarket trading.\nApple Inc (NASDAQ:AAPL) reported stronger-than-expected results for its third quarter, driven by double-digit growth across its product categories. Apple's flagship product – the iPhone – fetched revenues of $39.57 billion or 48.6% of the total revenues. Apple shares, however, fell 0.9% to $145.42 in premarket trading.\nAnalysts expect Facebook, Inc. (NASDAQ:FB) to post quarterly earnings at $3.02 per share on revenue of $27.82 billion after the closing bell. Facebook shares rose 1.8% to $374.39 in premarket trading.\nAlphabet Inc (NASDAQ:GOOGL) reported better-than-expected results for its second quarter on Tuesday. Alphabet shares gained 4% to $2,744.00 in premarket trading.\n\n\nAnalysts expect Pfizer Inc. (NYSE:PFE) to report quarterly earnings at $0.96 per share on revenue of $18.45 billion before the opening bell. Pfizer shares slipped 0.4% to $41.94 in premarket trading.\nMicrosoft Corporation (NASDAQ:MSFT) posted upbeat earnings for its fourth quarter on Tuesday. Microsoft shares gained 0.5% to $288.00 in premarket trading.\nAnalysts are expecting McDonald's Corp (NYSE:MCD) to have earned $2.08 per share on revenue of $5.53 billion for the latest quarter. The company will release earnings before the markets open. McDonald's shares slipped 0.1% to $246.00 in after-hours trading.\nStarbucks Corporation (NASDAQ:SBUX) reported better-than-expected results for its third quarter and raised its FY21 guidance. Starbucks shares, however, fell 2.4% to $123.07 in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":169,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801097123,"gmtCreate":1627471122862,"gmtModify":1703490574759,"author":{"id":"4090567212969770","authorId":"4090567212969770","name":"babykangar00","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090567212969770","idStr":"4090567212969770"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801097123","repostId":"2154594760","repostType":4,"repost":{"id":"2154594760","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":1627463973,"share":"https://ttm.financial/m/news/2154594760?lang=&edition=fundamental","pubTime":"2021-07-28 17:19","market":"us","language":"en","title":"Walmart's Flipkart asks India's top court to stall antitrust queries, probe","url":"https://stock-news.laohu8.com/highlight/detail?id=2154594760","media":"Reuters","summary":"NEW DELHI (Reuters) - Walmart-owned Flipkart has asked India's Supreme Court to restrain the country","content":"<p>NEW DELHI (Reuters) - Walmart-owned Flipkart has asked India's Supreme Court to restrain the country's antitrust body after it asked sensitive questions in what the firm called an \"invasive\" investigation of its e-commerce operations.</p>\n<p>The request, in a court filing more than 700 pages long that has not been made public, illustrates the e-commerce giant's level of concern over the investigation, which has prompted public spats between U.S firms and the Indian government.</p>\n<p>In its investigation, which includes Amazon.com Inc, the Competition Commission of India (CCI) sought a list of Flipkart's top sellers, online discounts and pacts with smartphone makers, among 32 questions it asked on July 15.</p>\n<p>Flipkart told the Supreme Court the details sought reinforced its fear of the \"invasive nature\" of the investigation, and asked it to put on hold both the information request and the overall investigation.</p>\n<p>\"The information sought...is sensitive in nature,\" Flipkart said in the court document, adding that such investigations could have serious consequences on its reputation and goodwill.</p>\n<p>\"It is evident that the director-general is determined to take precipitative action,\" it added, referring to the watchdog's investigation chief.</p>\n<p>The antitrust body also sent a request for information to Amazon in the investigation, said a source who sought anonymity because of the sensitivity of the matter.</p>\n<p>Flipkart, Amazon and the CCI did not immediately respond to a request for comment.</p>\n<p>Although India's trade minister and a court in south India have said the companies should not shy away from inquiries, Amazon and Flipkart say the CCI lacked evidence and should not have launched the investigation last year.</p>\n<p>The request to the Supreme Court comes after the state court dismissed the companies' pleas in June and July, saying the investigation must continue.</p>\n<p>The antitrust body, which has set Flipkart a July 30 deadline to answer its queries, had plans to speed the investigation into Amazon and Flipkart after the clearance from the court, Reuters reported in June.</p>\n<p>The CCI questions also sought details of policies on showcasing products on Flipkart's website and internal communication with sellers over sale events, the court document showed.</p>\n<p>The watchdog also asked for a list of Flipkart's top 100 sellers between 2015 to 2020 and top-selling products.</p>\n<p>\"The investigation...involves an intrusive and free-ranging inquiry,\" Flipkart said in the document, adding that it would have a \"tremendous\" impact.</p>\n<p>Indian retailers have said Flipkart favours select sellers on its platforms to the disadvantage of smaller players.</p>\n<p>In February, a Reuters investigation https://www.reuters.com/investigates/special-report/amazon-india-operation based on Amazon documents showed it had given preferential treatment for years to a small group of sellers and used them to bypass Indian law.</p>\n<p>The companies deny any wrongdoing.</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>Walmart's Flipkart asks India's top court to stall antitrust queries, probe</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{ 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.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\">\nWalmart's Flipkart asks India's top court to stall antitrust queries, probe\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\">2021-07-28 17:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW DELHI (Reuters) - Walmart-owned Flipkart has asked India's Supreme Court to restrain the country's antitrust body after it asked sensitive questions in what the firm called an \"invasive\" investigation of its e-commerce operations.</p>\n<p>The request, in a court filing more than 700 pages long that has not been made public, illustrates the e-commerce giant's level of concern over the investigation, which has prompted public spats between U.S firms and the Indian government.</p>\n<p>In its investigation, which includes Amazon.com Inc, the Competition Commission of India (CCI) sought a list of Flipkart's top sellers, online discounts and pacts with smartphone makers, among 32 questions it asked on July 15.</p>\n<p>Flipkart told the Supreme Court the details sought reinforced its fear of the \"invasive nature\" of the investigation, and asked it to put on hold both the information request and the overall investigation.</p>\n<p>\"The information sought...is sensitive in nature,\" Flipkart said in the court document, adding that such investigations could have serious consequences on its reputation and goodwill.</p>\n<p>\"It is evident that the director-general is determined to take precipitative action,\" it added, referring to the watchdog's investigation chief.</p>\n<p>The antitrust body also sent a request for information to Amazon in the investigation, said a source who sought anonymity because of the sensitivity of the matter.</p>\n<p>Flipkart, Amazon and the CCI did not immediately respond to a request for comment.</p>\n<p>Although India's trade minister and a court in south India have said the companies should not shy away from inquiries, Amazon and Flipkart say the CCI lacked evidence and should not have launched the investigation last year.</p>\n<p>The request to the Supreme Court comes after the state court dismissed the companies' pleas in June and July, saying the investigation must continue.</p>\n<p>The antitrust body, which has set Flipkart a July 30 deadline to answer its queries, had plans to speed the investigation into Amazon and Flipkart after the clearance from the court, Reuters reported in June.</p>\n<p>The CCI questions also sought details of policies on showcasing products on Flipkart's website and internal communication with sellers over sale events, the court document showed.</p>\n<p>The watchdog also asked for a list of Flipkart's top 100 sellers between 2015 to 2020 and top-selling products.</p>\n<p>\"The investigation...involves an intrusive and free-ranging inquiry,\" Flipkart said in the document, adding that it would have a \"tremendous\" impact.</p>\n<p>Indian retailers have said Flipkart favours select sellers on its platforms to the disadvantage of smaller players.</p>\n<p>In February, a Reuters investigation https://www.reuters.com/investigates/special-report/amazon-india-operation based on Amazon documents showed it had given preferential treatment for years to a small group of sellers and used them to bypass Indian law.</p>\n<p>The companies deny any wrongdoing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154594760","content_text":"NEW DELHI (Reuters) - Walmart-owned Flipkart has asked India's Supreme Court to restrain the country's antitrust body after it asked sensitive questions in what the firm called an \"invasive\" investigation of its e-commerce operations.\nThe request, in a court filing more than 700 pages long that has not been made public, illustrates the e-commerce giant's level of concern over the investigation, which has prompted public spats between U.S firms and the Indian government.\nIn its investigation, which includes Amazon.com Inc, the Competition Commission of India (CCI) sought a list of Flipkart's top sellers, online discounts and pacts with smartphone makers, among 32 questions it asked on July 15.\nFlipkart told the Supreme Court the details sought reinforced its fear of the \"invasive nature\" of the investigation, and asked it to put on hold both the information request and the overall investigation.\n\"The information sought...is sensitive in nature,\" Flipkart said in the court document, adding that such investigations could have serious consequences on its reputation and goodwill.\n\"It is evident that the director-general is determined to take precipitative action,\" it added, referring to the watchdog's investigation chief.\nThe antitrust body also sent a request for information to Amazon in the investigation, said a source who sought anonymity because of the sensitivity of the matter.\nFlipkart, Amazon and the CCI did not immediately respond to a request for comment.\nAlthough India's trade minister and a court in south India have said the companies should not shy away from inquiries, Amazon and Flipkart say the CCI lacked evidence and should not have launched the investigation last year.\nThe request to the Supreme Court comes after the state court dismissed the companies' pleas in June and July, saying the investigation must continue.\nThe antitrust body, which has set Flipkart a July 30 deadline to answer its queries, had plans to speed the investigation into Amazon and Flipkart after the clearance from the court, Reuters reported in June.\nThe CCI questions also sought details of policies on showcasing products on Flipkart's website and internal communication with sellers over sale events, the court document showed.\nThe watchdog also asked for a list of Flipkart's top 100 sellers between 2015 to 2020 and top-selling products.\n\"The investigation...involves an intrusive and free-ranging inquiry,\" Flipkart said in the document, adding that it would have a \"tremendous\" impact.\nIndian retailers have said Flipkart favours select sellers on its platforms to the disadvantage of smaller players.\nIn February, a Reuters investigation https://www.reuters.com/investigates/special-report/amazon-india-operation based on Amazon documents showed it had given preferential treatment for years to a small group of sellers and used them to bypass Indian law.\nThe companies deny any wrongdoing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801097906,"gmtCreate":1627471101905,"gmtModify":1703490574594,"author":{"id":"4090567212969770","authorId":"4090567212969770","name":"babykangar00","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090567212969770","idStr":"4090567212969770"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801097906","repostId":"1180567124","repostType":4,"repost":{"id":"1180567124","pubTimestamp":1627462043,"share":"https://ttm.financial/m/news/1180567124?lang=&edition=fundamental","pubTime":"2021-07-28 16:47","market":"us","language":"en","title":"Treasury yields climb ahead of Fed policy decision","url":"https://stock-news.laohu8.com/highlight/detail?id=1180567124","media":"CNBC","summary":"KEY POINTS\n\nThe Fed will issue a statement at 2 p.m. ET on Wednesday, following a two-day meeting of","content":"<div>\n<p>KEY POINTS\n\nThe Fed will issue a statement at 2 p.m. ET on Wednesday, following a two-day meeting of the Federal Open Market Committee.\nFed Chairman Jerome Powell will then speak to the media at 2:30 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/28/us-bonds-treasury-yields-climb-ahead-of-fed-policy-decision.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>Treasury yields climb ahead of Fed policy decision</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\">\nTreasury yields climb ahead of Fed policy decision\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 16:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/28/us-bonds-treasury-yields-climb-ahead-of-fed-policy-decision.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Fed will issue a statement at 2 p.m. ET on Wednesday, following a two-day meeting of the Federal Open Market Committee.\nFed Chairman Jerome Powell will then speak to the media at 2:30 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/28/us-bonds-treasury-yields-climb-ahead-of-fed-policy-decision.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/2021/07/28/us-bonds-treasury-yields-climb-ahead-of-fed-policy-decision.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180567124","content_text":"KEY POINTS\n\nThe Fed will issue a statement at 2 p.m. ET on Wednesday, following a two-day meeting of the Federal Open Market Committee.\nFed Chairman Jerome Powell will then speak to the media at 2:30 p.m. ET.\n\nU.S. Treasury yields climbed on Wednesday morning, ahead of Federal Reserve's latest monetary policy decision.\nThe yield on the benchmark 10-year Treasury note rose 2 basis points to 1.254% at 4:20 a.m. ET. The yield on the 30-year Treasury bond added 2 basis points, advancing to 1.911%. Yields move inversely to prices and 1 basis point equals 0.01 percentage points.\nTREASURYS\n\n\n\nTICKER\nCOMPANY\nYIELD\nCHANGE\n%CHANGE\n\n\n\n\nUS3M\nU.S. 3 Month Treasury\n0.058\n0.007\n0.00\n\n\nUS1Y\nU.S. 1 Year Treasury\n0.074\n0.006\n0.00\n\n\nUS2Y\nU.S. 2 Year Treasury\n0.207\n0.004\n0.00\n\n\nUS5Y\nU.S. 5 Year Treasury\n0.721\n0.011\n0.00\n\n\nUS10Y\nU.S. 10 Year Treasury\n1.256\n0.022\n0.00\n\n\nUS30Y\nU.S. 30 Year Treasury\n1.91\n0.021\n0.00\n\n\n\nThe Fed will issue a statement at 2 p.m. ET on Wednesday, following a two-day meeting of the Federal Open Market Committee. Fed Chairman Jerome Powell will then speak to the media at 2:30 p.m. ET.\nMany investors have been focused on when the Fed will start to talk about tightening its ultra-easy monetary policy, amid concerns about rising inflation. However, it looks likely that Fed officials will also express concerns about the rapid spread of the delta variant.\nScott Ruesterholz, a portfolio manager at Insight Investment, said on Wednesday that his firm expected the Fed to announce no change in policy, nor to give any formal guidance on tapering asset purchases.\n“Chairman Jay Powell will likely seek to use his press conference to emphasize the Fed’s data dependence as well as its patience while reiterating the view that elevated inflation is transitory,” he said.\nRuesterholz said that while the delta variant is unlikely to see new lockdowns implemented in the U.S. given the level of vaccinations, it may slow economic growth.\n“This development likely strengthens the hand of the doves on the FOMC who do not want to remove policy accommodation prematurely,” he explained.\nRuesterholz said his firm continued to expect the Fed’s Jackson Hole summit to be a more “natural point” to start formally discussing tapering.\nAuctions are scheduled to be held on Wednesday for $30 billion of 119-day bills and $28 billion of 2-year floating-rate notes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801095396,"gmtCreate":1627470971915,"gmtModify":1703490571962,"author":{"id":"4090567212969770","authorId":"4090567212969770","name":"babykangar00","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090567212969770","idStr":"4090567212969770"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801095396","repostId":"2154925597","repostType":4,"repost":{"id":"2154925597","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":1627469583,"share":"https://ttm.financial/m/news/2154925597?lang=&edition=fundamental","pubTime":"2021-07-28 18:53","market":"us","language":"en","title":"Pfizer raises estimates for 2021 sales of COVID-19 vaccine to $33.5 bln","url":"https://stock-news.laohu8.com/highlight/detail?id=2154925597","media":"Reuters","summary":"July 28 (Reuters) - Pfizer Inc on Wednesday raised its forecast for sales of the COVID-19 vaccine th","content":"<p>July 28 (Reuters) - Pfizer Inc on Wednesday raised its forecast for sales of the COVID-19 vaccine that it developed with Germany's BioNTech&nbsp;by 28.8% to $33.5 billion, as countries scramble to secure supply of the shots.</p>\n<p>The company said the raised sales forecast of the vaccine is based on signed deals for 2.1 billion doses this year.</p>\n<p>The drugmaker's previous forecast in May of $26 billion was based on deals signed for 1.6 billion doses. Wall Street analysts were broadly in line with that forecast at $28.51 billion, according to nine analysts polled by Refinitiv.</p>\n<p>Since then, Pfizer has said it expects to produce as much as 3 billion doses this year.</p>\n<p>Expenses and profit from the vaccine are split 50-50 between Pfizer and BioNTech.</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>Pfizer raises estimates for 2021 sales of COVID-19 vaccine to $33.5 bln</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\">\nPfizer raises estimates for 2021 sales of COVID-19 vaccine to $33.5 bln\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\">2021-07-28 18:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 28 (Reuters) - Pfizer Inc on Wednesday raised its forecast for sales of the COVID-19 vaccine that it developed with Germany's BioNTech&nbsp;by 28.8% to $33.5 billion, as countries scramble to secure supply of the shots.</p>\n<p>The company said the raised sales forecast of the vaccine is based on signed deals for 2.1 billion doses this year.</p>\n<p>The drugmaker's previous forecast in May of $26 billion was based on deals signed for 1.6 billion doses. Wall Street analysts were broadly in line with that forecast at $28.51 billion, according to nine analysts polled by Refinitiv.</p>\n<p>Since then, Pfizer has said it expects to produce as much as 3 billion doses this year.</p>\n<p>Expenses and profit from the vaccine are split 50-50 between Pfizer and BioNTech.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154925597","content_text":"July 28 (Reuters) - Pfizer Inc on Wednesday raised its forecast for sales of the COVID-19 vaccine that it developed with Germany's BioNTech by 28.8% to $33.5 billion, as countries scramble to secure supply of the shots.\nThe company said the raised sales forecast of the vaccine is based on signed deals for 2.1 billion doses this year.\nThe drugmaker's previous forecast in May of $26 billion was based on deals signed for 1.6 billion doses. Wall Street analysts were broadly in line with that forecast at $28.51 billion, according to nine analysts polled by Refinitiv.\nSince then, Pfizer has said it expects to produce as much as 3 billion doses this year.\nExpenses and profit from the vaccine are split 50-50 between Pfizer and BioNTech.","news_type":1},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801098392,"gmtCreate":1627470785416,"gmtModify":1703490567503,"author":{"id":"4090567212969770","authorId":"4090567212969770","name":"babykangar00","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090567212969770","idStr":"4090567212969770"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801098392","repostId":"1116039351","repostType":4,"repost":{"id":"1116039351","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627466532,"share":"https://ttm.financial/m/news/1116039351?lang=&edition=fundamental","pubTime":"2021-07-28 18:02","market":"us","language":"en","title":"Spotify's Q2 Results Beat Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1116039351","media":"Tiger Newspress","summary":"Spotify technology s.a. announces financial results for second quarter 2021.Its subscriber growth, r","content":"<p>Spotify technology s.a. announces financial results for second quarter 2021.Its&nbsp;subscriber growth, revenue, gross margin, and operating Income -- performed better than expected this quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/a68fe6d768d306ba5d1380e2d08339c2\" tg-width=\"1470\" tg-height=\"824\" width=\"100%\" height=\"auto\"></p>\n<p><b>FINANCIAL METRICS</b></p>\n<p><b>Revenue</b></p>\n<p>Revenue of €2,331 million grew 23% Y/Y in Q2 (or 28% Y/Y on a constant currency basis) and was toward the top end of our guidance range due to significant advertising strength and subscriber outperformance. FX headwinds of 430 bps were 230 bps greater than expected, primarily driven by US dollar weakness vs. the Euro. Premium Revenue grew 17% Y/Y to €2,056 million (or 20% Y/Y constant currency) while Ad-Supported Revenue was particularly strong, growing 110% Y/Y to €275 million (or 126% Y/Y constant currency).</p>\n<p>Within Premium, average revenue per user (“ARPU”) of €4.29 in Q2 was down 3% Y/Y (or flat Y/Y constant currency vs. down 1% Y/Y in Q1). Excluding the impact of FX, we saw a benefit to ARPU from our Q1 price increases along with a marginal initial impact from Q2 price increases, offset by the impact of product mix shift.</p>\n<p>Ad-Supported Revenue outperformed our forecast, driven by strong underlying demand (benefiting sellout and pricing) and aided by favorable comps vs. last year's COVID-19 lows. The strength in Ad-Supported Revenue was led by our Direct and Podcast sales channels, with the latter benefiting from a triple-digit Y/Y gain at existing Spotify studios (The Ringer, Parcast, Spotify Studios, and Gimlet) along with contributions from the Megaphone acquisition, the exclusive licensing of the Joe Rogan Experience, and Higher Ground. Ad Studio grew 165% Y/Y due to the success of the video product within Ad Studio and international market contributions.</p>\n<p>We are very pleased with the initial performance of the Spotify Audience Network which launched in the US in April. The rollout allowed us to increase our monetizable podcast inventory in the US by nearly 3x. Additionally, for opted-in podcast publishers we’ve seen a double digit increase in fill rates, a meaningful increase in unique advertisers, and a double digit lift in CPMs. On July 1, we expanded the Spotify Audience Network to include Australia, Canada, and the United Kingdom.</p>\n<p><b>Gross Margin</b></p>\n<p>Gross Margin finished at 28.4% in Q2, above the top end of our guidance range and reflecting 308 bps of Y/Y expansion. While we did benefit from the release of accruals for prior period publishing royalty estimates, excluding the impact of these items, Gross Margin would have been 26.5%, ahead of our expectations. The Gross Margin improvement excluding these releases was driven by a favorable revenue mix shift towards podcasts, marketplace activity, and Other Cost of Revenue efficiencies (e.g. payment fees, streaming delivery costs), which were partially offset by higher non-music and other content costs and publishing rate increases.</p>\n<p>Premium Gross Margin was 30.8% in Q2, up 261 bps Y/Y and Ad-Supported Gross Margin was 11.3% in Q2, up 2,321 bps Y/Y. As a reminder, all content costs related to podcast investment are included in the Ad-Supported business for the current and historical periods.</p>\n<p><b>Operating Expenses</b></p>\n<p>Operating Expenses totaled €651 million in Q2, an increase of 1% Y/Y (or 5% Y/Y constant currency) and in line with our plan. Excluding the benefits of currency movements, Operating Expenses were modestly higher than forecast as lower than expected marketing expenses arising from campaign timing shifts were offset by higher personnel costs.</p>\n<p>Social Charges were approximately €2 million higher than forecast due to an increase in our share price during the quarter. Excluding the impact of Social Charges in both periods, Operating Expenses grew roughly in line with revenue. As a reminder, Social Charges are payroll taxes associated with employee salaries and benefits, including share-based compensation. We are subject to social taxes in several countries in which we operate, although Sweden accounts for the bulk of the social costs. We don’t forecast stock price changes in our guidance so upward or downward movements will impact our reported operating expenses.</p>\n<p>At the end of Q2, our workforce consisted of 7,085 FTEs globally.</p>\n<p><b>Product and Platform</b></p>\n<p>During the quarter, we continued to increase the pace of our innovation efforts. On June 16, we soft-launched Spotify Greenroom, a redesigned version of Betty Lab’s Locker Room app, as part of our entry into the live audio space. This mobile app allows users to join or host live audio rooms, and optionally turn those conversations into podcasts. Additionally, we announced a Creator Fund bringing new exciting content to users and helping those creators get rewarded for the content they create on the platform. We expect to move to a full commercial launch of Spotify Greenroom later this year, with an initial focus on sports, pop culture, music, and entertainment.</p>\n<p>During the quarter, we began rolling out our paid subscription platform for podcasters in the US. Additionally, as part of our Spotify Open Access platform strategy, we announced several new partnerships aimed at opening our platform to third-party paywalled content with the goal of becoming the world’s leading audio browser. On May 20, we partnered with Storytel, one of the world’s leading audiobook streaming services, to give Storytel subscribers the ability to enjoy their library of audiobooks on Spotify. On July 27, we announced more than 10 new Spotify Open Access partners -- with more to come -- all of which will be able to activate their subscriber base on Spotify while retaining full control over their content.</p>\n<p>We continue to improve our search capability expanding our functionality to include filters and voice search making it quicker and more efficient for users to find content. Additionally, we rolled out a new version of Your Library to all Spotify mobile users that creates a streamlined way for listeners to explore their collection and find saved music and podcasts more easily.</p>\n<p>During the quarter, we also advanced our product ubiquity efforts in a number of key areas. We introduced a new miniplayer experience that allows listeners to share, explore, and discover audio from Spotify directly within Facebook, without switching between apps. On the Apple Watch, we rolled out the capability for users to download playlists, albums, and podcasts to their watch. Finally, we expanded our video podcast footprint to Xbox gaming consoles and went live with the Spotify X1 integration to Rogers Communications customers in Canada.</p>\n<p><b>Content</b></p>\n<p>At the end of Q2, we had 2.9 million podcasts on the platform (up from 2.6 million at the end of Q1). The percentage of MAUs that engaged with podcast content on our platform improved modestly relative to Q1. Among MAUs that engaged with podcasts in Q2, consumption trends were strong (up 95% Y/Y in aggregate and more than 30% Y/Y on a per user basis) while week-over-week and month-over-month retention rates reached all-time highs. During the quarter, podcast share of overall consumption hours on our platform also reached an all-time high.</p>\n<p>During the quarter, we announced exclusive licensing deals with Call Her Daddy and Armchair Expert, both of which are now exclusively on Spotify. The Joe Rogan Experience continues to perform above expectations, and The Ringer shows, such as The Bill Simmons Podcast, grew consumption significantly as the NBA headed into the playoffs.</p>\n<p>Internationally, we released 100 new Originals &amp; Exclusives (“O&amp;E”) podcasts across markets including 5 adaptations of existing formats. We expanded Your Daily Drive to include Mexico (Ruta Diaria), Argentina (Ruta Diaria), and Brazil (Caminho Diário). The launches included bespoke content from 28 partners across the region, such as notable new organizations like Infobae and La Nación (Argentina), W Radio (Mexico), and 123 Segundos (Brazil), a Spotify original. One of the top podcasts in India, The Ranveer Show, which covers topics like health, spirituality, and lifestyle, also came exclusively to Spotify in June.</p>\n<p>In Q2, Olivia Rodrigo’s album,<i>SOUR</i>, set the record for biggest streaming debut for any album on Spotify this year with over 63 million global first day streams. Other major releases in the quarter include BTS single,<i>Butter,</i>Griff’s Album,<i>One Foot In Front Of The Other,</i>and Doja Cat’s album,<i>Planet Her.</i>Spotify also launched a new Fresh Finds marketing program to celebrate Indie artists in the US as well as expanding the playlist via localized editions in 13 territories around the world. Fresh Finds, which first launched in 2016, has playlisted over 25,000 artists and built a reputation among users and in the industry as the go-to destination to discover new Indie acts. In addition, of artists whose first editorial playlist is Fresh Finds, over 44% go on to be playlisted in another editorial property on Spotify.</p>\n<p><b>Two-Sided Marketplace</b></p>\n<p>We continue to test Discovery Mode with a small set of labels and licensors including major labels, independent labels, and independent artist distributors. Thus far, artists with tracks in Discovery Mode have found over 40% more listeners on average compared to pre-Discovery Mode. Additionally, 44% of those listeners had never listened to the artist before. We are integrating feedback from our early partners with a broader rollout of Discovery Mode expected later this year with the main goal of facilitating more artist to fan connections.</p>\n<p>Sponsored Recommendations (i.e. Marquee) continued to gain traction during the second quarter as we expanded into more international markets including Australia, Ireland, New Zealand, and the UK. We also rolled out new functionality for artist teams using the self-serve platform to target specific audience segments (casual listeners, lapsed listeners, and recently interested listeners) with their campaigns, a functionality previously only available to customers purchasing through our sales team.</p>\n<p><b>Free Cash Flow</b></p>\n<p>Free Cash Flow was €34 million in Q2, a €7 million increase Y/Y primarily due to an increase in net income adjusted for non-cash items, partially offset by higher working capital needs arising from select licensor payments (delayed from Q1), podcast-related payments, and higher ad-receivables. Capital expenditures increased €6 million Y/Y largely due to office build outs in LA, Berlin, and Miami.</p>\n<p>At the end of Q2, we maintained a strong liquidity position with €3.1 billion in cash and cash equivalents, restricted cash, and short term investments.</p>\n<p><b>Q3 &amp; Q4 2021 OUTLOOK</b></p>\n<p>The following forward-looking statements reflect Spotify’s expectations as of July 28, 2021 and are subject to substantial uncertainty. The estimates below utilize the same methodology we’ve used in prior quarters with respect to our guidance and the potential range of outcomes. Given the extraordinary operating circumstances we currently face with respect to the impact of COVID-19, there is a greater likelihood of variances with respect to those ranges than typical quarters.</p>\n<p>Q3 2021 Guidance:</p>\n<ul>\n <li><b>Total MAUs</b>: 377-382 million</li>\n <li><b>Total Premium Subscribers:</b>170-174 million</li>\n <li><b>Total Revenue:</b>€2.31-€2.51 billion</li>\n <li><b>Gross Margin:</b>24.4-26.4%</li>\n <li><b>Operating Profit/Loss:</b>€(80)-€0 million</li>\n</ul>\n<p>Q4 2021 Guidance:</p>\n<ul>\n <li><b>Total MAUs</b>: 400-407 million</li>\n <li><b>Total Premium Subscribers:</b>177-181 million</li>\n <li><b>Total Revenue:</b>€2.48-€2.68 billion</li>\n <li><b>Gross Margin:</b>24.1-26.1%</li>\n <li><b>Operating Profit/Loss:</b>€(152)-€(72) million</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>Spotify's Q2 Results Beat Estimates</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\">\nSpotify's Q2 Results Beat Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-28 18:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Spotify technology s.a. announces financial results for second quarter 2021.Its&nbsp;subscriber growth, revenue, gross margin, and operating Income -- performed better than expected this quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/a68fe6d768d306ba5d1380e2d08339c2\" tg-width=\"1470\" tg-height=\"824\" width=\"100%\" height=\"auto\"></p>\n<p><b>FINANCIAL METRICS</b></p>\n<p><b>Revenue</b></p>\n<p>Revenue of €2,331 million grew 23% Y/Y in Q2 (or 28% Y/Y on a constant currency basis) and was toward the top end of our guidance range due to significant advertising strength and subscriber outperformance. FX headwinds of 430 bps were 230 bps greater than expected, primarily driven by US dollar weakness vs. the Euro. Premium Revenue grew 17% Y/Y to €2,056 million (or 20% Y/Y constant currency) while Ad-Supported Revenue was particularly strong, growing 110% Y/Y to €275 million (or 126% Y/Y constant currency).</p>\n<p>Within Premium, average revenue per user (“ARPU”) of €4.29 in Q2 was down 3% Y/Y (or flat Y/Y constant currency vs. down 1% Y/Y in Q1). Excluding the impact of FX, we saw a benefit to ARPU from our Q1 price increases along with a marginal initial impact from Q2 price increases, offset by the impact of product mix shift.</p>\n<p>Ad-Supported Revenue outperformed our forecast, driven by strong underlying demand (benefiting sellout and pricing) and aided by favorable comps vs. last year's COVID-19 lows. The strength in Ad-Supported Revenue was led by our Direct and Podcast sales channels, with the latter benefiting from a triple-digit Y/Y gain at existing Spotify studios (The Ringer, Parcast, Spotify Studios, and Gimlet) along with contributions from the Megaphone acquisition, the exclusive licensing of the Joe Rogan Experience, and Higher Ground. Ad Studio grew 165% Y/Y due to the success of the video product within Ad Studio and international market contributions.</p>\n<p>We are very pleased with the initial performance of the Spotify Audience Network which launched in the US in April. The rollout allowed us to increase our monetizable podcast inventory in the US by nearly 3x. Additionally, for opted-in podcast publishers we’ve seen a double digit increase in fill rates, a meaningful increase in unique advertisers, and a double digit lift in CPMs. On July 1, we expanded the Spotify Audience Network to include Australia, Canada, and the United Kingdom.</p>\n<p><b>Gross Margin</b></p>\n<p>Gross Margin finished at 28.4% in Q2, above the top end of our guidance range and reflecting 308 bps of Y/Y expansion. While we did benefit from the release of accruals for prior period publishing royalty estimates, excluding the impact of these items, Gross Margin would have been 26.5%, ahead of our expectations. The Gross Margin improvement excluding these releases was driven by a favorable revenue mix shift towards podcasts, marketplace activity, and Other Cost of Revenue efficiencies (e.g. payment fees, streaming delivery costs), which were partially offset by higher non-music and other content costs and publishing rate increases.</p>\n<p>Premium Gross Margin was 30.8% in Q2, up 261 bps Y/Y and Ad-Supported Gross Margin was 11.3% in Q2, up 2,321 bps Y/Y. As a reminder, all content costs related to podcast investment are included in the Ad-Supported business for the current and historical periods.</p>\n<p><b>Operating Expenses</b></p>\n<p>Operating Expenses totaled €651 million in Q2, an increase of 1% Y/Y (or 5% Y/Y constant currency) and in line with our plan. Excluding the benefits of currency movements, Operating Expenses were modestly higher than forecast as lower than expected marketing expenses arising from campaign timing shifts were offset by higher personnel costs.</p>\n<p>Social Charges were approximately €2 million higher than forecast due to an increase in our share price during the quarter. Excluding the impact of Social Charges in both periods, Operating Expenses grew roughly in line with revenue. As a reminder, Social Charges are payroll taxes associated with employee salaries and benefits, including share-based compensation. We are subject to social taxes in several countries in which we operate, although Sweden accounts for the bulk of the social costs. We don’t forecast stock price changes in our guidance so upward or downward movements will impact our reported operating expenses.</p>\n<p>At the end of Q2, our workforce consisted of 7,085 FTEs globally.</p>\n<p><b>Product and Platform</b></p>\n<p>During the quarter, we continued to increase the pace of our innovation efforts. On June 16, we soft-launched Spotify Greenroom, a redesigned version of Betty Lab’s Locker Room app, as part of our entry into the live audio space. This mobile app allows users to join or host live audio rooms, and optionally turn those conversations into podcasts. Additionally, we announced a Creator Fund bringing new exciting content to users and helping those creators get rewarded for the content they create on the platform. We expect to move to a full commercial launch of Spotify Greenroom later this year, with an initial focus on sports, pop culture, music, and entertainment.</p>\n<p>During the quarter, we began rolling out our paid subscription platform for podcasters in the US. Additionally, as part of our Spotify Open Access platform strategy, we announced several new partnerships aimed at opening our platform to third-party paywalled content with the goal of becoming the world’s leading audio browser. On May 20, we partnered with Storytel, one of the world’s leading audiobook streaming services, to give Storytel subscribers the ability to enjoy their library of audiobooks on Spotify. On July 27, we announced more than 10 new Spotify Open Access partners -- with more to come -- all of which will be able to activate their subscriber base on Spotify while retaining full control over their content.</p>\n<p>We continue to improve our search capability expanding our functionality to include filters and voice search making it quicker and more efficient for users to find content. Additionally, we rolled out a new version of Your Library to all Spotify mobile users that creates a streamlined way for listeners to explore their collection and find saved music and podcasts more easily.</p>\n<p>During the quarter, we also advanced our product ubiquity efforts in a number of key areas. We introduced a new miniplayer experience that allows listeners to share, explore, and discover audio from Spotify directly within Facebook, without switching between apps. On the Apple Watch, we rolled out the capability for users to download playlists, albums, and podcasts to their watch. Finally, we expanded our video podcast footprint to Xbox gaming consoles and went live with the Spotify X1 integration to Rogers Communications customers in Canada.</p>\n<p><b>Content</b></p>\n<p>At the end of Q2, we had 2.9 million podcasts on the platform (up from 2.6 million at the end of Q1). The percentage of MAUs that engaged with podcast content on our platform improved modestly relative to Q1. Among MAUs that engaged with podcasts in Q2, consumption trends were strong (up 95% Y/Y in aggregate and more than 30% Y/Y on a per user basis) while week-over-week and month-over-month retention rates reached all-time highs. During the quarter, podcast share of overall consumption hours on our platform also reached an all-time high.</p>\n<p>During the quarter, we announced exclusive licensing deals with Call Her Daddy and Armchair Expert, both of which are now exclusively on Spotify. The Joe Rogan Experience continues to perform above expectations, and The Ringer shows, such as The Bill Simmons Podcast, grew consumption significantly as the NBA headed into the playoffs.</p>\n<p>Internationally, we released 100 new Originals &amp; Exclusives (“O&amp;E”) podcasts across markets including 5 adaptations of existing formats. We expanded Your Daily Drive to include Mexico (Ruta Diaria), Argentina (Ruta Diaria), and Brazil (Caminho Diário). The launches included bespoke content from 28 partners across the region, such as notable new organizations like Infobae and La Nación (Argentina), W Radio (Mexico), and 123 Segundos (Brazil), a Spotify original. One of the top podcasts in India, The Ranveer Show, which covers topics like health, spirituality, and lifestyle, also came exclusively to Spotify in June.</p>\n<p>In Q2, Olivia Rodrigo’s album,<i>SOUR</i>, set the record for biggest streaming debut for any album on Spotify this year with over 63 million global first day streams. Other major releases in the quarter include BTS single,<i>Butter,</i>Griff’s Album,<i>One Foot In Front Of The Other,</i>and Doja Cat’s album,<i>Planet Her.</i>Spotify also launched a new Fresh Finds marketing program to celebrate Indie artists in the US as well as expanding the playlist via localized editions in 13 territories around the world. Fresh Finds, which first launched in 2016, has playlisted over 25,000 artists and built a reputation among users and in the industry as the go-to destination to discover new Indie acts. In addition, of artists whose first editorial playlist is Fresh Finds, over 44% go on to be playlisted in another editorial property on Spotify.</p>\n<p><b>Two-Sided Marketplace</b></p>\n<p>We continue to test Discovery Mode with a small set of labels and licensors including major labels, independent labels, and independent artist distributors. Thus far, artists with tracks in Discovery Mode have found over 40% more listeners on average compared to pre-Discovery Mode. Additionally, 44% of those listeners had never listened to the artist before. We are integrating feedback from our early partners with a broader rollout of Discovery Mode expected later this year with the main goal of facilitating more artist to fan connections.</p>\n<p>Sponsored Recommendations (i.e. Marquee) continued to gain traction during the second quarter as we expanded into more international markets including Australia, Ireland, New Zealand, and the UK. We also rolled out new functionality for artist teams using the self-serve platform to target specific audience segments (casual listeners, lapsed listeners, and recently interested listeners) with their campaigns, a functionality previously only available to customers purchasing through our sales team.</p>\n<p><b>Free Cash Flow</b></p>\n<p>Free Cash Flow was €34 million in Q2, a €7 million increase Y/Y primarily due to an increase in net income adjusted for non-cash items, partially offset by higher working capital needs arising from select licensor payments (delayed from Q1), podcast-related payments, and higher ad-receivables. Capital expenditures increased €6 million Y/Y largely due to office build outs in LA, Berlin, and Miami.</p>\n<p>At the end of Q2, we maintained a strong liquidity position with €3.1 billion in cash and cash equivalents, restricted cash, and short term investments.</p>\n<p><b>Q3 &amp; Q4 2021 OUTLOOK</b></p>\n<p>The following forward-looking statements reflect Spotify’s expectations as of July 28, 2021 and are subject to substantial uncertainty. The estimates below utilize the same methodology we’ve used in prior quarters with respect to our guidance and the potential range of outcomes. Given the extraordinary operating circumstances we currently face with respect to the impact of COVID-19, there is a greater likelihood of variances with respect to those ranges than typical quarters.</p>\n<p>Q3 2021 Guidance:</p>\n<ul>\n <li><b>Total MAUs</b>: 377-382 million</li>\n <li><b>Total Premium Subscribers:</b>170-174 million</li>\n <li><b>Total Revenue:</b>€2.31-€2.51 billion</li>\n <li><b>Gross Margin:</b>24.4-26.4%</li>\n <li><b>Operating Profit/Loss:</b>€(80)-€0 million</li>\n</ul>\n<p>Q4 2021 Guidance:</p>\n<ul>\n <li><b>Total MAUs</b>: 400-407 million</li>\n <li><b>Total Premium Subscribers:</b>177-181 million</li>\n <li><b>Total Revenue:</b>€2.48-€2.68 billion</li>\n <li><b>Gross Margin:</b>24.1-26.1%</li>\n <li><b>Operating Profit/Loss:</b>€(152)-€(72) million</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPOT":"Spotify Technology S.A."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116039351","content_text":"Spotify technology s.a. announces financial results for second quarter 2021.Its subscriber growth, revenue, gross margin, and operating Income -- performed better than expected this quarter.\n\nFINANCIAL METRICS\nRevenue\nRevenue of €2,331 million grew 23% Y/Y in Q2 (or 28% Y/Y on a constant currency basis) and was toward the top end of our guidance range due to significant advertising strength and subscriber outperformance. FX headwinds of 430 bps were 230 bps greater than expected, primarily driven by US dollar weakness vs. the Euro. Premium Revenue grew 17% Y/Y to €2,056 million (or 20% Y/Y constant currency) while Ad-Supported Revenue was particularly strong, growing 110% Y/Y to €275 million (or 126% Y/Y constant currency).\nWithin Premium, average revenue per user (“ARPU”) of €4.29 in Q2 was down 3% Y/Y (or flat Y/Y constant currency vs. down 1% Y/Y in Q1). Excluding the impact of FX, we saw a benefit to ARPU from our Q1 price increases along with a marginal initial impact from Q2 price increases, offset by the impact of product mix shift.\nAd-Supported Revenue outperformed our forecast, driven by strong underlying demand (benefiting sellout and pricing) and aided by favorable comps vs. last year's COVID-19 lows. The strength in Ad-Supported Revenue was led by our Direct and Podcast sales channels, with the latter benefiting from a triple-digit Y/Y gain at existing Spotify studios (The Ringer, Parcast, Spotify Studios, and Gimlet) along with contributions from the Megaphone acquisition, the exclusive licensing of the Joe Rogan Experience, and Higher Ground. Ad Studio grew 165% Y/Y due to the success of the video product within Ad Studio and international market contributions.\nWe are very pleased with the initial performance of the Spotify Audience Network which launched in the US in April. The rollout allowed us to increase our monetizable podcast inventory in the US by nearly 3x. Additionally, for opted-in podcast publishers we’ve seen a double digit increase in fill rates, a meaningful increase in unique advertisers, and a double digit lift in CPMs. On July 1, we expanded the Spotify Audience Network to include Australia, Canada, and the United Kingdom.\nGross Margin\nGross Margin finished at 28.4% in Q2, above the top end of our guidance range and reflecting 308 bps of Y/Y expansion. While we did benefit from the release of accruals for prior period publishing royalty estimates, excluding the impact of these items, Gross Margin would have been 26.5%, ahead of our expectations. The Gross Margin improvement excluding these releases was driven by a favorable revenue mix shift towards podcasts, marketplace activity, and Other Cost of Revenue efficiencies (e.g. payment fees, streaming delivery costs), which were partially offset by higher non-music and other content costs and publishing rate increases.\nPremium Gross Margin was 30.8% in Q2, up 261 bps Y/Y and Ad-Supported Gross Margin was 11.3% in Q2, up 2,321 bps Y/Y. As a reminder, all content costs related to podcast investment are included in the Ad-Supported business for the current and historical periods.\nOperating Expenses\nOperating Expenses totaled €651 million in Q2, an increase of 1% Y/Y (or 5% Y/Y constant currency) and in line with our plan. Excluding the benefits of currency movements, Operating Expenses were modestly higher than forecast as lower than expected marketing expenses arising from campaign timing shifts were offset by higher personnel costs.\nSocial Charges were approximately €2 million higher than forecast due to an increase in our share price during the quarter. Excluding the impact of Social Charges in both periods, Operating Expenses grew roughly in line with revenue. As a reminder, Social Charges are payroll taxes associated with employee salaries and benefits, including share-based compensation. We are subject to social taxes in several countries in which we operate, although Sweden accounts for the bulk of the social costs. We don’t forecast stock price changes in our guidance so upward or downward movements will impact our reported operating expenses.\nAt the end of Q2, our workforce consisted of 7,085 FTEs globally.\nProduct and Platform\nDuring the quarter, we continued to increase the pace of our innovation efforts. On June 16, we soft-launched Spotify Greenroom, a redesigned version of Betty Lab’s Locker Room app, as part of our entry into the live audio space. This mobile app allows users to join or host live audio rooms, and optionally turn those conversations into podcasts. Additionally, we announced a Creator Fund bringing new exciting content to users and helping those creators get rewarded for the content they create on the platform. We expect to move to a full commercial launch of Spotify Greenroom later this year, with an initial focus on sports, pop culture, music, and entertainment.\nDuring the quarter, we began rolling out our paid subscription platform for podcasters in the US. Additionally, as part of our Spotify Open Access platform strategy, we announced several new partnerships aimed at opening our platform to third-party paywalled content with the goal of becoming the world’s leading audio browser. On May 20, we partnered with Storytel, one of the world’s leading audiobook streaming services, to give Storytel subscribers the ability to enjoy their library of audiobooks on Spotify. On July 27, we announced more than 10 new Spotify Open Access partners -- with more to come -- all of which will be able to activate their subscriber base on Spotify while retaining full control over their content.\nWe continue to improve our search capability expanding our functionality to include filters and voice search making it quicker and more efficient for users to find content. Additionally, we rolled out a new version of Your Library to all Spotify mobile users that creates a streamlined way for listeners to explore their collection and find saved music and podcasts more easily.\nDuring the quarter, we also advanced our product ubiquity efforts in a number of key areas. We introduced a new miniplayer experience that allows listeners to share, explore, and discover audio from Spotify directly within Facebook, without switching between apps. On the Apple Watch, we rolled out the capability for users to download playlists, albums, and podcasts to their watch. Finally, we expanded our video podcast footprint to Xbox gaming consoles and went live with the Spotify X1 integration to Rogers Communications customers in Canada.\nContent\nAt the end of Q2, we had 2.9 million podcasts on the platform (up from 2.6 million at the end of Q1). The percentage of MAUs that engaged with podcast content on our platform improved modestly relative to Q1. Among MAUs that engaged with podcasts in Q2, consumption trends were strong (up 95% Y/Y in aggregate and more than 30% Y/Y on a per user basis) while week-over-week and month-over-month retention rates reached all-time highs. During the quarter, podcast share of overall consumption hours on our platform also reached an all-time high.\nDuring the quarter, we announced exclusive licensing deals with Call Her Daddy and Armchair Expert, both of which are now exclusively on Spotify. The Joe Rogan Experience continues to perform above expectations, and The Ringer shows, such as The Bill Simmons Podcast, grew consumption significantly as the NBA headed into the playoffs.\nInternationally, we released 100 new Originals & Exclusives (“O&E”) podcasts across markets including 5 adaptations of existing formats. We expanded Your Daily Drive to include Mexico (Ruta Diaria), Argentina (Ruta Diaria), and Brazil (Caminho Diário). The launches included bespoke content from 28 partners across the region, such as notable new organizations like Infobae and La Nación (Argentina), W Radio (Mexico), and 123 Segundos (Brazil), a Spotify original. One of the top podcasts in India, The Ranveer Show, which covers topics like health, spirituality, and lifestyle, also came exclusively to Spotify in June.\nIn Q2, Olivia Rodrigo’s album,SOUR, set the record for biggest streaming debut for any album on Spotify this year with over 63 million global first day streams. Other major releases in the quarter include BTS single,Butter,Griff’s Album,One Foot In Front Of The Other,and Doja Cat’s album,Planet Her.Spotify also launched a new Fresh Finds marketing program to celebrate Indie artists in the US as well as expanding the playlist via localized editions in 13 territories around the world. Fresh Finds, which first launched in 2016, has playlisted over 25,000 artists and built a reputation among users and in the industry as the go-to destination to discover new Indie acts. In addition, of artists whose first editorial playlist is Fresh Finds, over 44% go on to be playlisted in another editorial property on Spotify.\nTwo-Sided Marketplace\nWe continue to test Discovery Mode with a small set of labels and licensors including major labels, independent labels, and independent artist distributors. Thus far, artists with tracks in Discovery Mode have found over 40% more listeners on average compared to pre-Discovery Mode. Additionally, 44% of those listeners had never listened to the artist before. We are integrating feedback from our early partners with a broader rollout of Discovery Mode expected later this year with the main goal of facilitating more artist to fan connections.\nSponsored Recommendations (i.e. Marquee) continued to gain traction during the second quarter as we expanded into more international markets including Australia, Ireland, New Zealand, and the UK. We also rolled out new functionality for artist teams using the self-serve platform to target specific audience segments (casual listeners, lapsed listeners, and recently interested listeners) with their campaigns, a functionality previously only available to customers purchasing through our sales team.\nFree Cash Flow\nFree Cash Flow was €34 million in Q2, a €7 million increase Y/Y primarily due to an increase in net income adjusted for non-cash items, partially offset by higher working capital needs arising from select licensor payments (delayed from Q1), podcast-related payments, and higher ad-receivables. Capital expenditures increased €6 million Y/Y largely due to office build outs in LA, Berlin, and Miami.\nAt the end of Q2, we maintained a strong liquidity position with €3.1 billion in cash and cash equivalents, restricted cash, and short term investments.\nQ3 & Q4 2021 OUTLOOK\nThe following forward-looking statements reflect Spotify’s expectations as of July 28, 2021 and are subject to substantial uncertainty. The estimates below utilize the same methodology we’ve used in prior quarters with respect to our guidance and the potential range of outcomes. Given the extraordinary operating circumstances we currently face with respect to the impact of COVID-19, there is a greater likelihood of variances with respect to those ranges than typical quarters.\nQ3 2021 Guidance:\n\nTotal MAUs: 377-382 million\nTotal Premium Subscribers:170-174 million\nTotal Revenue:€2.31-€2.51 billion\nGross Margin:24.4-26.4%\nOperating Profit/Loss:€(80)-€0 million\n\nQ4 2021 Guidance:\n\nTotal MAUs: 400-407 million\nTotal Premium Subscribers:177-181 million\nTotal Revenue:€2.48-€2.68 billion\nGross Margin:24.1-26.1%\nOperating Profit/Loss:€(152)-€(72) million","news_type":1},"isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":801095396,"gmtCreate":1627470971915,"gmtModify":1703490571962,"author":{"id":"4090567212969770","authorId":"4090567212969770","name":"babykangar00","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090567212969770","authorIdStr":"4090567212969770"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801095396","repostId":"2154925597","repostType":4,"repost":{"id":"2154925597","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":1627469583,"share":"https://ttm.financial/m/news/2154925597?lang=&edition=fundamental","pubTime":"2021-07-28 18:53","market":"us","language":"en","title":"Pfizer raises estimates for 2021 sales of COVID-19 vaccine to $33.5 bln","url":"https://stock-news.laohu8.com/highlight/detail?id=2154925597","media":"Reuters","summary":"July 28 (Reuters) - Pfizer Inc on Wednesday raised its forecast for sales of the COVID-19 vaccine th","content":"<p>July 28 (Reuters) - Pfizer Inc on Wednesday raised its forecast for sales of the COVID-19 vaccine that it developed with Germany's BioNTech&nbsp;by 28.8% to $33.5 billion, as countries scramble to secure supply of the shots.</p>\n<p>The company said the raised sales forecast of the vaccine is based on signed deals for 2.1 billion doses this year.</p>\n<p>The drugmaker's previous forecast in May of $26 billion was based on deals signed for 1.6 billion doses. Wall Street analysts were broadly in line with that forecast at $28.51 billion, according to nine analysts polled by Refinitiv.</p>\n<p>Since then, Pfizer has said it expects to produce as much as 3 billion doses this year.</p>\n<p>Expenses and profit from the vaccine are split 50-50 between Pfizer and BioNTech.</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>Pfizer raises estimates for 2021 sales of COVID-19 vaccine to $33.5 bln</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\">\nPfizer raises estimates for 2021 sales of COVID-19 vaccine to $33.5 bln\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\">2021-07-28 18:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 28 (Reuters) - Pfizer Inc on Wednesday raised its forecast for sales of the COVID-19 vaccine that it developed with Germany's BioNTech&nbsp;by 28.8% to $33.5 billion, as countries scramble to secure supply of the shots.</p>\n<p>The company said the raised sales forecast of the vaccine is based on signed deals for 2.1 billion doses this year.</p>\n<p>The drugmaker's previous forecast in May of $26 billion was based on deals signed for 1.6 billion doses. Wall Street analysts were broadly in line with that forecast at $28.51 billion, according to nine analysts polled by Refinitiv.</p>\n<p>Since then, Pfizer has said it expects to produce as much as 3 billion doses this year.</p>\n<p>Expenses and profit from the vaccine are split 50-50 between Pfizer and BioNTech.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154925597","content_text":"July 28 (Reuters) - Pfizer Inc on Wednesday raised its forecast for sales of the COVID-19 vaccine that it developed with Germany's BioNTech by 28.8% to $33.5 billion, as countries scramble to secure supply of the shots.\nThe company said the raised sales forecast of the vaccine is based on signed deals for 2.1 billion doses this year.\nThe drugmaker's previous forecast in May of $26 billion was based on deals signed for 1.6 billion doses. Wall Street analysts were broadly in line with that forecast at $28.51 billion, according to nine analysts polled by Refinitiv.\nSince then, Pfizer has said it expects to produce as much as 3 billion doses this year.\nExpenses and profit from the vaccine are split 50-50 between Pfizer and BioNTech.","news_type":1},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869659588,"gmtCreate":1632283746144,"gmtModify":1676530742952,"author":{"id":"4090567212969770","authorId":"4090567212969770","name":"babykangar00","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090567212969770","authorIdStr":"4090567212969770"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>ok","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>ok","text":"$Apple(AAPL)$ok","images":[{"img":"https://static.tigerbbs.com/754d39b23b556810e4ce7e9f9dd697ff","width":"1080","height":"2325"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869659588","isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":801098392,"gmtCreate":1627470785416,"gmtModify":1703490567503,"author":{"id":"4090567212969770","authorId":"4090567212969770","name":"babykangar00","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090567212969770","authorIdStr":"4090567212969770"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801098392","repostId":"1116039351","repostType":4,"repost":{"id":"1116039351","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627466532,"share":"https://ttm.financial/m/news/1116039351?lang=&edition=fundamental","pubTime":"2021-07-28 18:02","market":"us","language":"en","title":"Spotify's Q2 Results Beat Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1116039351","media":"Tiger Newspress","summary":"Spotify technology s.a. announces financial results for second quarter 2021.Its subscriber growth, r","content":"<p>Spotify technology s.a. announces financial results for second quarter 2021.Its&nbsp;subscriber growth, revenue, gross margin, and operating Income -- performed better than expected this quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/a68fe6d768d306ba5d1380e2d08339c2\" tg-width=\"1470\" tg-height=\"824\" width=\"100%\" height=\"auto\"></p>\n<p><b>FINANCIAL METRICS</b></p>\n<p><b>Revenue</b></p>\n<p>Revenue of €2,331 million grew 23% Y/Y in Q2 (or 28% Y/Y on a constant currency basis) and was toward the top end of our guidance range due to significant advertising strength and subscriber outperformance. FX headwinds of 430 bps were 230 bps greater than expected, primarily driven by US dollar weakness vs. the Euro. Premium Revenue grew 17% Y/Y to €2,056 million (or 20% Y/Y constant currency) while Ad-Supported Revenue was particularly strong, growing 110% Y/Y to €275 million (or 126% Y/Y constant currency).</p>\n<p>Within Premium, average revenue per user (“ARPU”) of €4.29 in Q2 was down 3% Y/Y (or flat Y/Y constant currency vs. down 1% Y/Y in Q1). Excluding the impact of FX, we saw a benefit to ARPU from our Q1 price increases along with a marginal initial impact from Q2 price increases, offset by the impact of product mix shift.</p>\n<p>Ad-Supported Revenue outperformed our forecast, driven by strong underlying demand (benefiting sellout and pricing) and aided by favorable comps vs. last year's COVID-19 lows. The strength in Ad-Supported Revenue was led by our Direct and Podcast sales channels, with the latter benefiting from a triple-digit Y/Y gain at existing Spotify studios (The Ringer, Parcast, Spotify Studios, and Gimlet) along with contributions from the Megaphone acquisition, the exclusive licensing of the Joe Rogan Experience, and Higher Ground. Ad Studio grew 165% Y/Y due to the success of the video product within Ad Studio and international market contributions.</p>\n<p>We are very pleased with the initial performance of the Spotify Audience Network which launched in the US in April. The rollout allowed us to increase our monetizable podcast inventory in the US by nearly 3x. Additionally, for opted-in podcast publishers we’ve seen a double digit increase in fill rates, a meaningful increase in unique advertisers, and a double digit lift in CPMs. On July 1, we expanded the Spotify Audience Network to include Australia, Canada, and the United Kingdom.</p>\n<p><b>Gross Margin</b></p>\n<p>Gross Margin finished at 28.4% in Q2, above the top end of our guidance range and reflecting 308 bps of Y/Y expansion. While we did benefit from the release of accruals for prior period publishing royalty estimates, excluding the impact of these items, Gross Margin would have been 26.5%, ahead of our expectations. The Gross Margin improvement excluding these releases was driven by a favorable revenue mix shift towards podcasts, marketplace activity, and Other Cost of Revenue efficiencies (e.g. payment fees, streaming delivery costs), which were partially offset by higher non-music and other content costs and publishing rate increases.</p>\n<p>Premium Gross Margin was 30.8% in Q2, up 261 bps Y/Y and Ad-Supported Gross Margin was 11.3% in Q2, up 2,321 bps Y/Y. As a reminder, all content costs related to podcast investment are included in the Ad-Supported business for the current and historical periods.</p>\n<p><b>Operating Expenses</b></p>\n<p>Operating Expenses totaled €651 million in Q2, an increase of 1% Y/Y (or 5% Y/Y constant currency) and in line with our plan. Excluding the benefits of currency movements, Operating Expenses were modestly higher than forecast as lower than expected marketing expenses arising from campaign timing shifts were offset by higher personnel costs.</p>\n<p>Social Charges were approximately €2 million higher than forecast due to an increase in our share price during the quarter. Excluding the impact of Social Charges in both periods, Operating Expenses grew roughly in line with revenue. As a reminder, Social Charges are payroll taxes associated with employee salaries and benefits, including share-based compensation. We are subject to social taxes in several countries in which we operate, although Sweden accounts for the bulk of the social costs. We don’t forecast stock price changes in our guidance so upward or downward movements will impact our reported operating expenses.</p>\n<p>At the end of Q2, our workforce consisted of 7,085 FTEs globally.</p>\n<p><b>Product and Platform</b></p>\n<p>During the quarter, we continued to increase the pace of our innovation efforts. On June 16, we soft-launched Spotify Greenroom, a redesigned version of Betty Lab’s Locker Room app, as part of our entry into the live audio space. This mobile app allows users to join or host live audio rooms, and optionally turn those conversations into podcasts. Additionally, we announced a Creator Fund bringing new exciting content to users and helping those creators get rewarded for the content they create on the platform. We expect to move to a full commercial launch of Spotify Greenroom later this year, with an initial focus on sports, pop culture, music, and entertainment.</p>\n<p>During the quarter, we began rolling out our paid subscription platform for podcasters in the US. Additionally, as part of our Spotify Open Access platform strategy, we announced several new partnerships aimed at opening our platform to third-party paywalled content with the goal of becoming the world’s leading audio browser. On May 20, we partnered with Storytel, one of the world’s leading audiobook streaming services, to give Storytel subscribers the ability to enjoy their library of audiobooks on Spotify. On July 27, we announced more than 10 new Spotify Open Access partners -- with more to come -- all of which will be able to activate their subscriber base on Spotify while retaining full control over their content.</p>\n<p>We continue to improve our search capability expanding our functionality to include filters and voice search making it quicker and more efficient for users to find content. Additionally, we rolled out a new version of Your Library to all Spotify mobile users that creates a streamlined way for listeners to explore their collection and find saved music and podcasts more easily.</p>\n<p>During the quarter, we also advanced our product ubiquity efforts in a number of key areas. We introduced a new miniplayer experience that allows listeners to share, explore, and discover audio from Spotify directly within Facebook, without switching between apps. On the Apple Watch, we rolled out the capability for users to download playlists, albums, and podcasts to their watch. Finally, we expanded our video podcast footprint to Xbox gaming consoles and went live with the Spotify X1 integration to Rogers Communications customers in Canada.</p>\n<p><b>Content</b></p>\n<p>At the end of Q2, we had 2.9 million podcasts on the platform (up from 2.6 million at the end of Q1). The percentage of MAUs that engaged with podcast content on our platform improved modestly relative to Q1. Among MAUs that engaged with podcasts in Q2, consumption trends were strong (up 95% Y/Y in aggregate and more than 30% Y/Y on a per user basis) while week-over-week and month-over-month retention rates reached all-time highs. During the quarter, podcast share of overall consumption hours on our platform also reached an all-time high.</p>\n<p>During the quarter, we announced exclusive licensing deals with Call Her Daddy and Armchair Expert, both of which are now exclusively on Spotify. The Joe Rogan Experience continues to perform above expectations, and The Ringer shows, such as The Bill Simmons Podcast, grew consumption significantly as the NBA headed into the playoffs.</p>\n<p>Internationally, we released 100 new Originals &amp; Exclusives (“O&amp;E”) podcasts across markets including 5 adaptations of existing formats. We expanded Your Daily Drive to include Mexico (Ruta Diaria), Argentina (Ruta Diaria), and Brazil (Caminho Diário). The launches included bespoke content from 28 partners across the region, such as notable new organizations like Infobae and La Nación (Argentina), W Radio (Mexico), and 123 Segundos (Brazil), a Spotify original. One of the top podcasts in India, The Ranveer Show, which covers topics like health, spirituality, and lifestyle, also came exclusively to Spotify in June.</p>\n<p>In Q2, Olivia Rodrigo’s album,<i>SOUR</i>, set the record for biggest streaming debut for any album on Spotify this year with over 63 million global first day streams. Other major releases in the quarter include BTS single,<i>Butter,</i>Griff’s Album,<i>One Foot In Front Of The Other,</i>and Doja Cat’s album,<i>Planet Her.</i>Spotify also launched a new Fresh Finds marketing program to celebrate Indie artists in the US as well as expanding the playlist via localized editions in 13 territories around the world. Fresh Finds, which first launched in 2016, has playlisted over 25,000 artists and built a reputation among users and in the industry as the go-to destination to discover new Indie acts. In addition, of artists whose first editorial playlist is Fresh Finds, over 44% go on to be playlisted in another editorial property on Spotify.</p>\n<p><b>Two-Sided Marketplace</b></p>\n<p>We continue to test Discovery Mode with a small set of labels and licensors including major labels, independent labels, and independent artist distributors. Thus far, artists with tracks in Discovery Mode have found over 40% more listeners on average compared to pre-Discovery Mode. Additionally, 44% of those listeners had never listened to the artist before. We are integrating feedback from our early partners with a broader rollout of Discovery Mode expected later this year with the main goal of facilitating more artist to fan connections.</p>\n<p>Sponsored Recommendations (i.e. Marquee) continued to gain traction during the second quarter as we expanded into more international markets including Australia, Ireland, New Zealand, and the UK. We also rolled out new functionality for artist teams using the self-serve platform to target specific audience segments (casual listeners, lapsed listeners, and recently interested listeners) with their campaigns, a functionality previously only available to customers purchasing through our sales team.</p>\n<p><b>Free Cash Flow</b></p>\n<p>Free Cash Flow was €34 million in Q2, a €7 million increase Y/Y primarily due to an increase in net income adjusted for non-cash items, partially offset by higher working capital needs arising from select licensor payments (delayed from Q1), podcast-related payments, and higher ad-receivables. Capital expenditures increased €6 million Y/Y largely due to office build outs in LA, Berlin, and Miami.</p>\n<p>At the end of Q2, we maintained a strong liquidity position with €3.1 billion in cash and cash equivalents, restricted cash, and short term investments.</p>\n<p><b>Q3 &amp; Q4 2021 OUTLOOK</b></p>\n<p>The following forward-looking statements reflect Spotify’s expectations as of July 28, 2021 and are subject to substantial uncertainty. The estimates below utilize the same methodology we’ve used in prior quarters with respect to our guidance and the potential range of outcomes. Given the extraordinary operating circumstances we currently face with respect to the impact of COVID-19, there is a greater likelihood of variances with respect to those ranges than typical quarters.</p>\n<p>Q3 2021 Guidance:</p>\n<ul>\n <li><b>Total MAUs</b>: 377-382 million</li>\n <li><b>Total Premium Subscribers:</b>170-174 million</li>\n <li><b>Total Revenue:</b>€2.31-€2.51 billion</li>\n <li><b>Gross Margin:</b>24.4-26.4%</li>\n <li><b>Operating Profit/Loss:</b>€(80)-€0 million</li>\n</ul>\n<p>Q4 2021 Guidance:</p>\n<ul>\n <li><b>Total MAUs</b>: 400-407 million</li>\n <li><b>Total Premium Subscribers:</b>177-181 million</li>\n <li><b>Total Revenue:</b>€2.48-€2.68 billion</li>\n <li><b>Gross Margin:</b>24.1-26.1%</li>\n <li><b>Operating Profit/Loss:</b>€(152)-€(72) million</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>Spotify's Q2 Results Beat Estimates</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\">\nSpotify's Q2 Results Beat Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-28 18:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Spotify technology s.a. announces financial results for second quarter 2021.Its&nbsp;subscriber growth, revenue, gross margin, and operating Income -- performed better than expected this quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/a68fe6d768d306ba5d1380e2d08339c2\" tg-width=\"1470\" tg-height=\"824\" width=\"100%\" height=\"auto\"></p>\n<p><b>FINANCIAL METRICS</b></p>\n<p><b>Revenue</b></p>\n<p>Revenue of €2,331 million grew 23% Y/Y in Q2 (or 28% Y/Y on a constant currency basis) and was toward the top end of our guidance range due to significant advertising strength and subscriber outperformance. FX headwinds of 430 bps were 230 bps greater than expected, primarily driven by US dollar weakness vs. the Euro. Premium Revenue grew 17% Y/Y to €2,056 million (or 20% Y/Y constant currency) while Ad-Supported Revenue was particularly strong, growing 110% Y/Y to €275 million (or 126% Y/Y constant currency).</p>\n<p>Within Premium, average revenue per user (“ARPU”) of €4.29 in Q2 was down 3% Y/Y (or flat Y/Y constant currency vs. down 1% Y/Y in Q1). Excluding the impact of FX, we saw a benefit to ARPU from our Q1 price increases along with a marginal initial impact from Q2 price increases, offset by the impact of product mix shift.</p>\n<p>Ad-Supported Revenue outperformed our forecast, driven by strong underlying demand (benefiting sellout and pricing) and aided by favorable comps vs. last year's COVID-19 lows. The strength in Ad-Supported Revenue was led by our Direct and Podcast sales channels, with the latter benefiting from a triple-digit Y/Y gain at existing Spotify studios (The Ringer, Parcast, Spotify Studios, and Gimlet) along with contributions from the Megaphone acquisition, the exclusive licensing of the Joe Rogan Experience, and Higher Ground. Ad Studio grew 165% Y/Y due to the success of the video product within Ad Studio and international market contributions.</p>\n<p>We are very pleased with the initial performance of the Spotify Audience Network which launched in the US in April. The rollout allowed us to increase our monetizable podcast inventory in the US by nearly 3x. Additionally, for opted-in podcast publishers we’ve seen a double digit increase in fill rates, a meaningful increase in unique advertisers, and a double digit lift in CPMs. On July 1, we expanded the Spotify Audience Network to include Australia, Canada, and the United Kingdom.</p>\n<p><b>Gross Margin</b></p>\n<p>Gross Margin finished at 28.4% in Q2, above the top end of our guidance range and reflecting 308 bps of Y/Y expansion. While we did benefit from the release of accruals for prior period publishing royalty estimates, excluding the impact of these items, Gross Margin would have been 26.5%, ahead of our expectations. The Gross Margin improvement excluding these releases was driven by a favorable revenue mix shift towards podcasts, marketplace activity, and Other Cost of Revenue efficiencies (e.g. payment fees, streaming delivery costs), which were partially offset by higher non-music and other content costs and publishing rate increases.</p>\n<p>Premium Gross Margin was 30.8% in Q2, up 261 bps Y/Y and Ad-Supported Gross Margin was 11.3% in Q2, up 2,321 bps Y/Y. As a reminder, all content costs related to podcast investment are included in the Ad-Supported business for the current and historical periods.</p>\n<p><b>Operating Expenses</b></p>\n<p>Operating Expenses totaled €651 million in Q2, an increase of 1% Y/Y (or 5% Y/Y constant currency) and in line with our plan. Excluding the benefits of currency movements, Operating Expenses were modestly higher than forecast as lower than expected marketing expenses arising from campaign timing shifts were offset by higher personnel costs.</p>\n<p>Social Charges were approximately €2 million higher than forecast due to an increase in our share price during the quarter. Excluding the impact of Social Charges in both periods, Operating Expenses grew roughly in line with revenue. As a reminder, Social Charges are payroll taxes associated with employee salaries and benefits, including share-based compensation. We are subject to social taxes in several countries in which we operate, although Sweden accounts for the bulk of the social costs. We don’t forecast stock price changes in our guidance so upward or downward movements will impact our reported operating expenses.</p>\n<p>At the end of Q2, our workforce consisted of 7,085 FTEs globally.</p>\n<p><b>Product and Platform</b></p>\n<p>During the quarter, we continued to increase the pace of our innovation efforts. On June 16, we soft-launched Spotify Greenroom, a redesigned version of Betty Lab’s Locker Room app, as part of our entry into the live audio space. This mobile app allows users to join or host live audio rooms, and optionally turn those conversations into podcasts. Additionally, we announced a Creator Fund bringing new exciting content to users and helping those creators get rewarded for the content they create on the platform. We expect to move to a full commercial launch of Spotify Greenroom later this year, with an initial focus on sports, pop culture, music, and entertainment.</p>\n<p>During the quarter, we began rolling out our paid subscription platform for podcasters in the US. Additionally, as part of our Spotify Open Access platform strategy, we announced several new partnerships aimed at opening our platform to third-party paywalled content with the goal of becoming the world’s leading audio browser. On May 20, we partnered with Storytel, one of the world’s leading audiobook streaming services, to give Storytel subscribers the ability to enjoy their library of audiobooks on Spotify. On July 27, we announced more than 10 new Spotify Open Access partners -- with more to come -- all of which will be able to activate their subscriber base on Spotify while retaining full control over their content.</p>\n<p>We continue to improve our search capability expanding our functionality to include filters and voice search making it quicker and more efficient for users to find content. Additionally, we rolled out a new version of Your Library to all Spotify mobile users that creates a streamlined way for listeners to explore their collection and find saved music and podcasts more easily.</p>\n<p>During the quarter, we also advanced our product ubiquity efforts in a number of key areas. We introduced a new miniplayer experience that allows listeners to share, explore, and discover audio from Spotify directly within Facebook, without switching between apps. On the Apple Watch, we rolled out the capability for users to download playlists, albums, and podcasts to their watch. Finally, we expanded our video podcast footprint to Xbox gaming consoles and went live with the Spotify X1 integration to Rogers Communications customers in Canada.</p>\n<p><b>Content</b></p>\n<p>At the end of Q2, we had 2.9 million podcasts on the platform (up from 2.6 million at the end of Q1). The percentage of MAUs that engaged with podcast content on our platform improved modestly relative to Q1. Among MAUs that engaged with podcasts in Q2, consumption trends were strong (up 95% Y/Y in aggregate and more than 30% Y/Y on a per user basis) while week-over-week and month-over-month retention rates reached all-time highs. During the quarter, podcast share of overall consumption hours on our platform also reached an all-time high.</p>\n<p>During the quarter, we announced exclusive licensing deals with Call Her Daddy and Armchair Expert, both of which are now exclusively on Spotify. The Joe Rogan Experience continues to perform above expectations, and The Ringer shows, such as The Bill Simmons Podcast, grew consumption significantly as the NBA headed into the playoffs.</p>\n<p>Internationally, we released 100 new Originals &amp; Exclusives (“O&amp;E”) podcasts across markets including 5 adaptations of existing formats. We expanded Your Daily Drive to include Mexico (Ruta Diaria), Argentina (Ruta Diaria), and Brazil (Caminho Diário). The launches included bespoke content from 28 partners across the region, such as notable new organizations like Infobae and La Nación (Argentina), W Radio (Mexico), and 123 Segundos (Brazil), a Spotify original. One of the top podcasts in India, The Ranveer Show, which covers topics like health, spirituality, and lifestyle, also came exclusively to Spotify in June.</p>\n<p>In Q2, Olivia Rodrigo’s album,<i>SOUR</i>, set the record for biggest streaming debut for any album on Spotify this year with over 63 million global first day streams. Other major releases in the quarter include BTS single,<i>Butter,</i>Griff’s Album,<i>One Foot In Front Of The Other,</i>and Doja Cat’s album,<i>Planet Her.</i>Spotify also launched a new Fresh Finds marketing program to celebrate Indie artists in the US as well as expanding the playlist via localized editions in 13 territories around the world. Fresh Finds, which first launched in 2016, has playlisted over 25,000 artists and built a reputation among users and in the industry as the go-to destination to discover new Indie acts. In addition, of artists whose first editorial playlist is Fresh Finds, over 44% go on to be playlisted in another editorial property on Spotify.</p>\n<p><b>Two-Sided Marketplace</b></p>\n<p>We continue to test Discovery Mode with a small set of labels and licensors including major labels, independent labels, and independent artist distributors. Thus far, artists with tracks in Discovery Mode have found over 40% more listeners on average compared to pre-Discovery Mode. Additionally, 44% of those listeners had never listened to the artist before. We are integrating feedback from our early partners with a broader rollout of Discovery Mode expected later this year with the main goal of facilitating more artist to fan connections.</p>\n<p>Sponsored Recommendations (i.e. Marquee) continued to gain traction during the second quarter as we expanded into more international markets including Australia, Ireland, New Zealand, and the UK. We also rolled out new functionality for artist teams using the self-serve platform to target specific audience segments (casual listeners, lapsed listeners, and recently interested listeners) with their campaigns, a functionality previously only available to customers purchasing through our sales team.</p>\n<p><b>Free Cash Flow</b></p>\n<p>Free Cash Flow was €34 million in Q2, a €7 million increase Y/Y primarily due to an increase in net income adjusted for non-cash items, partially offset by higher working capital needs arising from select licensor payments (delayed from Q1), podcast-related payments, and higher ad-receivables. Capital expenditures increased €6 million Y/Y largely due to office build outs in LA, Berlin, and Miami.</p>\n<p>At the end of Q2, we maintained a strong liquidity position with €3.1 billion in cash and cash equivalents, restricted cash, and short term investments.</p>\n<p><b>Q3 &amp; Q4 2021 OUTLOOK</b></p>\n<p>The following forward-looking statements reflect Spotify’s expectations as of July 28, 2021 and are subject to substantial uncertainty. The estimates below utilize the same methodology we’ve used in prior quarters with respect to our guidance and the potential range of outcomes. Given the extraordinary operating circumstances we currently face with respect to the impact of COVID-19, there is a greater likelihood of variances with respect to those ranges than typical quarters.</p>\n<p>Q3 2021 Guidance:</p>\n<ul>\n <li><b>Total MAUs</b>: 377-382 million</li>\n <li><b>Total Premium Subscribers:</b>170-174 million</li>\n <li><b>Total Revenue:</b>€2.31-€2.51 billion</li>\n <li><b>Gross Margin:</b>24.4-26.4%</li>\n <li><b>Operating Profit/Loss:</b>€(80)-€0 million</li>\n</ul>\n<p>Q4 2021 Guidance:</p>\n<ul>\n <li><b>Total MAUs</b>: 400-407 million</li>\n <li><b>Total Premium Subscribers:</b>177-181 million</li>\n <li><b>Total Revenue:</b>€2.48-€2.68 billion</li>\n <li><b>Gross Margin:</b>24.1-26.1%</li>\n <li><b>Operating Profit/Loss:</b>€(152)-€(72) million</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPOT":"Spotify Technology S.A."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116039351","content_text":"Spotify technology s.a. announces financial results for second quarter 2021.Its subscriber growth, revenue, gross margin, and operating Income -- performed better than expected this quarter.\n\nFINANCIAL METRICS\nRevenue\nRevenue of €2,331 million grew 23% Y/Y in Q2 (or 28% Y/Y on a constant currency basis) and was toward the top end of our guidance range due to significant advertising strength and subscriber outperformance. FX headwinds of 430 bps were 230 bps greater than expected, primarily driven by US dollar weakness vs. the Euro. Premium Revenue grew 17% Y/Y to €2,056 million (or 20% Y/Y constant currency) while Ad-Supported Revenue was particularly strong, growing 110% Y/Y to €275 million (or 126% Y/Y constant currency).\nWithin Premium, average revenue per user (“ARPU”) of €4.29 in Q2 was down 3% Y/Y (or flat Y/Y constant currency vs. down 1% Y/Y in Q1). Excluding the impact of FX, we saw a benefit to ARPU from our Q1 price increases along with a marginal initial impact from Q2 price increases, offset by the impact of product mix shift.\nAd-Supported Revenue outperformed our forecast, driven by strong underlying demand (benefiting sellout and pricing) and aided by favorable comps vs. last year's COVID-19 lows. The strength in Ad-Supported Revenue was led by our Direct and Podcast sales channels, with the latter benefiting from a triple-digit Y/Y gain at existing Spotify studios (The Ringer, Parcast, Spotify Studios, and Gimlet) along with contributions from the Megaphone acquisition, the exclusive licensing of the Joe Rogan Experience, and Higher Ground. Ad Studio grew 165% Y/Y due to the success of the video product within Ad Studio and international market contributions.\nWe are very pleased with the initial performance of the Spotify Audience Network which launched in the US in April. The rollout allowed us to increase our monetizable podcast inventory in the US by nearly 3x. Additionally, for opted-in podcast publishers we’ve seen a double digit increase in fill rates, a meaningful increase in unique advertisers, and a double digit lift in CPMs. On July 1, we expanded the Spotify Audience Network to include Australia, Canada, and the United Kingdom.\nGross Margin\nGross Margin finished at 28.4% in Q2, above the top end of our guidance range and reflecting 308 bps of Y/Y expansion. While we did benefit from the release of accruals for prior period publishing royalty estimates, excluding the impact of these items, Gross Margin would have been 26.5%, ahead of our expectations. The Gross Margin improvement excluding these releases was driven by a favorable revenue mix shift towards podcasts, marketplace activity, and Other Cost of Revenue efficiencies (e.g. payment fees, streaming delivery costs), which were partially offset by higher non-music and other content costs and publishing rate increases.\nPremium Gross Margin was 30.8% in Q2, up 261 bps Y/Y and Ad-Supported Gross Margin was 11.3% in Q2, up 2,321 bps Y/Y. As a reminder, all content costs related to podcast investment are included in the Ad-Supported business for the current and historical periods.\nOperating Expenses\nOperating Expenses totaled €651 million in Q2, an increase of 1% Y/Y (or 5% Y/Y constant currency) and in line with our plan. Excluding the benefits of currency movements, Operating Expenses were modestly higher than forecast as lower than expected marketing expenses arising from campaign timing shifts were offset by higher personnel costs.\nSocial Charges were approximately €2 million higher than forecast due to an increase in our share price during the quarter. Excluding the impact of Social Charges in both periods, Operating Expenses grew roughly in line with revenue. As a reminder, Social Charges are payroll taxes associated with employee salaries and benefits, including share-based compensation. We are subject to social taxes in several countries in which we operate, although Sweden accounts for the bulk of the social costs. We don’t forecast stock price changes in our guidance so upward or downward movements will impact our reported operating expenses.\nAt the end of Q2, our workforce consisted of 7,085 FTEs globally.\nProduct and Platform\nDuring the quarter, we continued to increase the pace of our innovation efforts. On June 16, we soft-launched Spotify Greenroom, a redesigned version of Betty Lab’s Locker Room app, as part of our entry into the live audio space. This mobile app allows users to join or host live audio rooms, and optionally turn those conversations into podcasts. Additionally, we announced a Creator Fund bringing new exciting content to users and helping those creators get rewarded for the content they create on the platform. We expect to move to a full commercial launch of Spotify Greenroom later this year, with an initial focus on sports, pop culture, music, and entertainment.\nDuring the quarter, we began rolling out our paid subscription platform for podcasters in the US. Additionally, as part of our Spotify Open Access platform strategy, we announced several new partnerships aimed at opening our platform to third-party paywalled content with the goal of becoming the world’s leading audio browser. On May 20, we partnered with Storytel, one of the world’s leading audiobook streaming services, to give Storytel subscribers the ability to enjoy their library of audiobooks on Spotify. On July 27, we announced more than 10 new Spotify Open Access partners -- with more to come -- all of which will be able to activate their subscriber base on Spotify while retaining full control over their content.\nWe continue to improve our search capability expanding our functionality to include filters and voice search making it quicker and more efficient for users to find content. Additionally, we rolled out a new version of Your Library to all Spotify mobile users that creates a streamlined way for listeners to explore their collection and find saved music and podcasts more easily.\nDuring the quarter, we also advanced our product ubiquity efforts in a number of key areas. We introduced a new miniplayer experience that allows listeners to share, explore, and discover audio from Spotify directly within Facebook, without switching between apps. On the Apple Watch, we rolled out the capability for users to download playlists, albums, and podcasts to their watch. Finally, we expanded our video podcast footprint to Xbox gaming consoles and went live with the Spotify X1 integration to Rogers Communications customers in Canada.\nContent\nAt the end of Q2, we had 2.9 million podcasts on the platform (up from 2.6 million at the end of Q1). The percentage of MAUs that engaged with podcast content on our platform improved modestly relative to Q1. Among MAUs that engaged with podcasts in Q2, consumption trends were strong (up 95% Y/Y in aggregate and more than 30% Y/Y on a per user basis) while week-over-week and month-over-month retention rates reached all-time highs. During the quarter, podcast share of overall consumption hours on our platform also reached an all-time high.\nDuring the quarter, we announced exclusive licensing deals with Call Her Daddy and Armchair Expert, both of which are now exclusively on Spotify. The Joe Rogan Experience continues to perform above expectations, and The Ringer shows, such as The Bill Simmons Podcast, grew consumption significantly as the NBA headed into the playoffs.\nInternationally, we released 100 new Originals & Exclusives (“O&E”) podcasts across markets including 5 adaptations of existing formats. We expanded Your Daily Drive to include Mexico (Ruta Diaria), Argentina (Ruta Diaria), and Brazil (Caminho Diário). The launches included bespoke content from 28 partners across the region, such as notable new organizations like Infobae and La Nación (Argentina), W Radio (Mexico), and 123 Segundos (Brazil), a Spotify original. One of the top podcasts in India, The Ranveer Show, which covers topics like health, spirituality, and lifestyle, also came exclusively to Spotify in June.\nIn Q2, Olivia Rodrigo’s album,SOUR, set the record for biggest streaming debut for any album on Spotify this year with over 63 million global first day streams. Other major releases in the quarter include BTS single,Butter,Griff’s Album,One Foot In Front Of The Other,and Doja Cat’s album,Planet Her.Spotify also launched a new Fresh Finds marketing program to celebrate Indie artists in the US as well as expanding the playlist via localized editions in 13 territories around the world. Fresh Finds, which first launched in 2016, has playlisted over 25,000 artists and built a reputation among users and in the industry as the go-to destination to discover new Indie acts. In addition, of artists whose first editorial playlist is Fresh Finds, over 44% go on to be playlisted in another editorial property on Spotify.\nTwo-Sided Marketplace\nWe continue to test Discovery Mode with a small set of labels and licensors including major labels, independent labels, and independent artist distributors. Thus far, artists with tracks in Discovery Mode have found over 40% more listeners on average compared to pre-Discovery Mode. Additionally, 44% of those listeners had never listened to the artist before. We are integrating feedback from our early partners with a broader rollout of Discovery Mode expected later this year with the main goal of facilitating more artist to fan connections.\nSponsored Recommendations (i.e. Marquee) continued to gain traction during the second quarter as we expanded into more international markets including Australia, Ireland, New Zealand, and the UK. We also rolled out new functionality for artist teams using the self-serve platform to target specific audience segments (casual listeners, lapsed listeners, and recently interested listeners) with their campaigns, a functionality previously only available to customers purchasing through our sales team.\nFree Cash Flow\nFree Cash Flow was €34 million in Q2, a €7 million increase Y/Y primarily due to an increase in net income adjusted for non-cash items, partially offset by higher working capital needs arising from select licensor payments (delayed from Q1), podcast-related payments, and higher ad-receivables. Capital expenditures increased €6 million Y/Y largely due to office build outs in LA, Berlin, and Miami.\nAt the end of Q2, we maintained a strong liquidity position with €3.1 billion in cash and cash equivalents, restricted cash, and short term investments.\nQ3 & Q4 2021 OUTLOOK\nThe following forward-looking statements reflect Spotify’s expectations as of July 28, 2021 and are subject to substantial uncertainty. The estimates below utilize the same methodology we’ve used in prior quarters with respect to our guidance and the potential range of outcomes. Given the extraordinary operating circumstances we currently face with respect to the impact of COVID-19, there is a greater likelihood of variances with respect to those ranges than typical quarters.\nQ3 2021 Guidance:\n\nTotal MAUs: 377-382 million\nTotal Premium Subscribers:170-174 million\nTotal Revenue:€2.31-€2.51 billion\nGross Margin:24.4-26.4%\nOperating Profit/Loss:€(80)-€0 million\n\nQ4 2021 Guidance:\n\nTotal MAUs: 400-407 million\nTotal Premium Subscribers:177-181 million\nTotal Revenue:€2.48-€2.68 billion\nGross Margin:24.1-26.1%\nOperating Profit/Loss:€(152)-€(72) million","news_type":1},"isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835308796,"gmtCreate":1629686151715,"gmtModify":1676530098819,"author":{"id":"4090567212969770","authorId":"4090567212969770","name":"babykangar00","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090567212969770","authorIdStr":"4090567212969770"},"themes":[],"htmlText":"Apple","listText":"Apple","text":"Apple","images":[{"img":"https://static.tigerbbs.com/abe3a39d00d4b7994ebbd1ce7d854c0c","width":"720","height":"1694"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835308796","isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":890727188,"gmtCreate":1628136352244,"gmtModify":1703501908376,"author":{"id":"4090567212969770","authorId":"4090567212969770","name":"babykangar00","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090567212969770","authorIdStr":"4090567212969770"},"themes":[],"htmlText":"Good afternoon","listText":"Good afternoon","text":"Good afternoon","images":[{"img":"https://static.tigerbbs.com/1a0e91b0f124f9dd4c34d96cbbcb903a","width":"720","height":"1628"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/890727188","isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":807723812,"gmtCreate":1628059832336,"gmtModify":1703500463640,"author":{"id":"4090567212969770","authorId":"4090567212969770","name":"babykangar00","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090567212969770","authorIdStr":"4090567212969770"},"themes":[],"htmlText":"This is good","listText":"This is good","text":"This is good","images":[{"img":"https://static.tigerbbs.com/58ba51402c1d2fffe82cd384bb9a18e4","width":"720","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807723812","isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":801097781,"gmtCreate":1627471147043,"gmtModify":1703490576335,"author":{"id":"4090567212969770","authorId":"4090567212969770","name":"babykangar00","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090567212969770","authorIdStr":"4090567212969770"},"themes":[],"htmlText":"Mmm","listText":"Mmm","text":"Mmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801097781","repostId":"2154405999","repostType":4,"repost":{"id":"2154405999","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":1627462897,"share":"https://ttm.financial/m/news/2154405999?lang=&edition=fundamental","pubTime":"2021-07-28 17:01","market":"us","language":"en","title":"8 Stocks To Watch For July 28, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2154405999","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:\n\tWall Street expects  Boeing Co (NYSE: BA) to report quarterly a loss at $0.72 per share on revenue of $17.78 billion before the opening bell. Boeing shares fell 0.6% to $221.00 in after-hours trading.\n","content":"<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b>Boeing Co</b> (NYSE:BA) to report quarterly a loss at $0.72 per share on revenue of $17.78 billion before the opening bell. Boeing shares rose 0.6% to $223.65 in premarket trading.</li>\n <li><b>Apple Inc</b> (NASDAQ:AAPL) reported stronger-than-expected results for its third quarter, driven by double-digit growth across its product categories. Apple's flagship product – the iPhone – fetched revenues of $39.57 billion or 48.6% of the total revenues. Apple shares, however, fell 0.9% to $145.42 in premarket trading.</li>\n <li>Analysts expect <b><a href=\"https://laohu8.com/S/FB\">Facebook</a>, Inc.</b> (NASDAQ:FB) to post quarterly earnings at $3.02 per share on revenue of $27.82 billion after the closing bell. Facebook shares rose 1.8% to $374.39 in premarket trading.</li>\n <li><b>Alphabet Inc</b> (NASDAQ:GOOGL) reported better-than-expected results for its second quarter on Tuesday. Alphabet shares gained 4% to $2,744.00 in premarket trading.</li>\n</ul>\n<ul>\n <li>Analysts expect <b>Pfizer Inc.</b> (NYSE:PFE) to report quarterly earnings at $0.96 per share on revenue of $18.45 billion before the opening bell. Pfizer shares slipped 0.4% to $41.94 in premarket trading.</li>\n <li><b>Microsoft Corporation</b> (NASDAQ:MSFT) posted upbeat earnings for its fourth quarter on Tuesday. Microsoft shares gained 0.5% to $288.00 in premarket trading.</li>\n <li>Analysts are expecting <b>McDonald's Corp</b> (NYSE:MCD) to have earned $2.08 per share on revenue of $5.53 billion for the latest quarter. The company will release earnings before the markets open. McDonald's shares slipped 0.1% to $246.00 in after-hours trading.</li>\n <li><b>Starbucks Corporation</b> (NASDAQ:SBUX) reported better-than-expected results for its third quarter and raised its FY21 guidance. Starbucks shares, however, fell 2.4% to $123.07 in premarket 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>8 Stocks To Watch For July 28, 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\">\n8 Stocks To Watch For July 28, 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\">2021-07-28 17:01</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>Boeing Co</b> (NYSE:BA) to report quarterly a loss at $0.72 per share on revenue of $17.78 billion before the opening bell. Boeing shares rose 0.6% to $223.65 in premarket trading.</li>\n <li><b>Apple Inc</b> (NASDAQ:AAPL) reported stronger-than-expected results for its third quarter, driven by double-digit growth across its product categories. Apple's flagship product – the iPhone – fetched revenues of $39.57 billion or 48.6% of the total revenues. Apple shares, however, fell 0.9% to $145.42 in premarket trading.</li>\n <li>Analysts expect <b><a href=\"https://laohu8.com/S/FB\">Facebook</a>, Inc.</b> (NASDAQ:FB) to post quarterly earnings at $3.02 per share on revenue of $27.82 billion after the closing bell. Facebook shares rose 1.8% to $374.39 in premarket trading.</li>\n <li><b>Alphabet Inc</b> (NASDAQ:GOOGL) reported better-than-expected results for its second quarter on Tuesday. Alphabet shares gained 4% to $2,744.00 in premarket trading.</li>\n</ul>\n<ul>\n <li>Analysts expect <b>Pfizer Inc.</b> (NYSE:PFE) to report quarterly earnings at $0.96 per share on revenue of $18.45 billion before the opening bell. Pfizer shares slipped 0.4% to $41.94 in premarket trading.</li>\n <li><b>Microsoft Corporation</b> (NASDAQ:MSFT) posted upbeat earnings for its fourth quarter on Tuesday. Microsoft shares gained 0.5% to $288.00 in premarket trading.</li>\n <li>Analysts are expecting <b>McDonald's Corp</b> (NYSE:MCD) to have earned $2.08 per share on revenue of $5.53 billion for the latest quarter. The company will release earnings before the markets open. McDonald's shares slipped 0.1% to $246.00 in after-hours trading.</li>\n <li><b>Starbucks Corporation</b> (NASDAQ:SBUX) reported better-than-expected results for its third quarter and raised its FY21 guidance. Starbucks shares, however, fell 2.4% to $123.07 in premarket trading.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","SBUX":"星巴克","GOOGL":"谷歌A","BA":"波音","MCD":"麦当劳","PFE":"辉瑞","MSFT":"微软"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154405999","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects Boeing Co (NYSE:BA) to report quarterly a loss at $0.72 per share on revenue of $17.78 billion before the opening bell. Boeing shares rose 0.6% to $223.65 in premarket trading.\nApple Inc (NASDAQ:AAPL) reported stronger-than-expected results for its third quarter, driven by double-digit growth across its product categories. Apple's flagship product – the iPhone – fetched revenues of $39.57 billion or 48.6% of the total revenues. Apple shares, however, fell 0.9% to $145.42 in premarket trading.\nAnalysts expect Facebook, Inc. (NASDAQ:FB) to post quarterly earnings at $3.02 per share on revenue of $27.82 billion after the closing bell. Facebook shares rose 1.8% to $374.39 in premarket trading.\nAlphabet Inc (NASDAQ:GOOGL) reported better-than-expected results for its second quarter on Tuesday. Alphabet shares gained 4% to $2,744.00 in premarket trading.\n\n\nAnalysts expect Pfizer Inc. (NYSE:PFE) to report quarterly earnings at $0.96 per share on revenue of $18.45 billion before the opening bell. Pfizer shares slipped 0.4% to $41.94 in premarket trading.\nMicrosoft Corporation (NASDAQ:MSFT) posted upbeat earnings for its fourth quarter on Tuesday. Microsoft shares gained 0.5% to $288.00 in premarket trading.\nAnalysts are expecting McDonald's Corp (NYSE:MCD) to have earned $2.08 per share on revenue of $5.53 billion for the latest quarter. The company will release earnings before the markets open. McDonald's shares slipped 0.1% to $246.00 in after-hours trading.\nStarbucks Corporation (NASDAQ:SBUX) reported better-than-expected results for its third quarter and raised its FY21 guidance. Starbucks shares, however, fell 2.4% to $123.07 in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":169,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801097123,"gmtCreate":1627471122862,"gmtModify":1703490574759,"author":{"id":"4090567212969770","authorId":"4090567212969770","name":"babykangar00","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090567212969770","authorIdStr":"4090567212969770"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801097123","repostId":"2154594760","repostType":4,"repost":{"id":"2154594760","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":1627463973,"share":"https://ttm.financial/m/news/2154594760?lang=&edition=fundamental","pubTime":"2021-07-28 17:19","market":"us","language":"en","title":"Walmart's Flipkart asks India's top court to stall antitrust queries, probe","url":"https://stock-news.laohu8.com/highlight/detail?id=2154594760","media":"Reuters","summary":"NEW DELHI (Reuters) - Walmart-owned Flipkart has asked India's Supreme Court to restrain the country","content":"<p>NEW DELHI (Reuters) - Walmart-owned Flipkart has asked India's Supreme Court to restrain the country's antitrust body after it asked sensitive questions in what the firm called an \"invasive\" investigation of its e-commerce operations.</p>\n<p>The request, in a court filing more than 700 pages long that has not been made public, illustrates the e-commerce giant's level of concern over the investigation, which has prompted public spats between U.S firms and the Indian government.</p>\n<p>In its investigation, which includes Amazon.com Inc, the Competition Commission of India (CCI) sought a list of Flipkart's top sellers, online discounts and pacts with smartphone makers, among 32 questions it asked on July 15.</p>\n<p>Flipkart told the Supreme Court the details sought reinforced its fear of the \"invasive nature\" of the investigation, and asked it to put on hold both the information request and the overall investigation.</p>\n<p>\"The information sought...is sensitive in nature,\" Flipkart said in the court document, adding that such investigations could have serious consequences on its reputation and goodwill.</p>\n<p>\"It is evident that the director-general is determined to take precipitative action,\" it added, referring to the watchdog's investigation chief.</p>\n<p>The antitrust body also sent a request for information to Amazon in the investigation, said a source who sought anonymity because of the sensitivity of the matter.</p>\n<p>Flipkart, Amazon and the CCI did not immediately respond to a request for comment.</p>\n<p>Although India's trade minister and a court in south India have said the companies should not shy away from inquiries, Amazon and Flipkart say the CCI lacked evidence and should not have launched the investigation last year.</p>\n<p>The request to the Supreme Court comes after the state court dismissed the companies' pleas in June and July, saying the investigation must continue.</p>\n<p>The antitrust body, which has set Flipkart a July 30 deadline to answer its queries, had plans to speed the investigation into Amazon and Flipkart after the clearance from the court, Reuters reported in June.</p>\n<p>The CCI questions also sought details of policies on showcasing products on Flipkart's website and internal communication with sellers over sale events, the court document showed.</p>\n<p>The watchdog also asked for a list of Flipkart's top 100 sellers between 2015 to 2020 and top-selling products.</p>\n<p>\"The investigation...involves an intrusive and free-ranging inquiry,\" Flipkart said in the document, adding that it would have a \"tremendous\" impact.</p>\n<p>Indian retailers have said Flipkart favours select sellers on its platforms to the disadvantage of smaller players.</p>\n<p>In February, a Reuters investigation https://www.reuters.com/investigates/special-report/amazon-india-operation based on Amazon documents showed it had given preferential treatment for years to a small group of sellers and used them to bypass Indian law.</p>\n<p>The companies deny any wrongdoing.</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>Walmart's Flipkart asks India's top court to stall antitrust queries, probe</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\">\nWalmart's Flipkart asks India's top court to stall antitrust queries, probe\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\">2021-07-28 17:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW DELHI (Reuters) - Walmart-owned Flipkart has asked India's Supreme Court to restrain the country's antitrust body after it asked sensitive questions in what the firm called an \"invasive\" investigation of its e-commerce operations.</p>\n<p>The request, in a court filing more than 700 pages long that has not been made public, illustrates the e-commerce giant's level of concern over the investigation, which has prompted public spats between U.S firms and the Indian government.</p>\n<p>In its investigation, which includes Amazon.com Inc, the Competition Commission of India (CCI) sought a list of Flipkart's top sellers, online discounts and pacts with smartphone makers, among 32 questions it asked on July 15.</p>\n<p>Flipkart told the Supreme Court the details sought reinforced its fear of the \"invasive nature\" of the investigation, and asked it to put on hold both the information request and the overall investigation.</p>\n<p>\"The information sought...is sensitive in nature,\" Flipkart said in the court document, adding that such investigations could have serious consequences on its reputation and goodwill.</p>\n<p>\"It is evident that the director-general is determined to take precipitative action,\" it added, referring to the watchdog's investigation chief.</p>\n<p>The antitrust body also sent a request for information to Amazon in the investigation, said a source who sought anonymity because of the sensitivity of the matter.</p>\n<p>Flipkart, Amazon and the CCI did not immediately respond to a request for comment.</p>\n<p>Although India's trade minister and a court in south India have said the companies should not shy away from inquiries, Amazon and Flipkart say the CCI lacked evidence and should not have launched the investigation last year.</p>\n<p>The request to the Supreme Court comes after the state court dismissed the companies' pleas in June and July, saying the investigation must continue.</p>\n<p>The antitrust body, which has set Flipkart a July 30 deadline to answer its queries, had plans to speed the investigation into Amazon and Flipkart after the clearance from the court, Reuters reported in June.</p>\n<p>The CCI questions also sought details of policies on showcasing products on Flipkart's website and internal communication with sellers over sale events, the court document showed.</p>\n<p>The watchdog also asked for a list of Flipkart's top 100 sellers between 2015 to 2020 and top-selling products.</p>\n<p>\"The investigation...involves an intrusive and free-ranging inquiry,\" Flipkart said in the document, adding that it would have a \"tremendous\" impact.</p>\n<p>Indian retailers have said Flipkart favours select sellers on its platforms to the disadvantage of smaller players.</p>\n<p>In February, a Reuters investigation https://www.reuters.com/investigates/special-report/amazon-india-operation based on Amazon documents showed it had given preferential treatment for years to a small group of sellers and used them to bypass Indian law.</p>\n<p>The companies deny any wrongdoing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154594760","content_text":"NEW DELHI (Reuters) - Walmart-owned Flipkart has asked India's Supreme Court to restrain the country's antitrust body after it asked sensitive questions in what the firm called an \"invasive\" investigation of its e-commerce operations.\nThe request, in a court filing more than 700 pages long that has not been made public, illustrates the e-commerce giant's level of concern over the investigation, which has prompted public spats between U.S firms and the Indian government.\nIn its investigation, which includes Amazon.com Inc, the Competition Commission of India (CCI) sought a list of Flipkart's top sellers, online discounts and pacts with smartphone makers, among 32 questions it asked on July 15.\nFlipkart told the Supreme Court the details sought reinforced its fear of the \"invasive nature\" of the investigation, and asked it to put on hold both the information request and the overall investigation.\n\"The information sought...is sensitive in nature,\" Flipkart said in the court document, adding that such investigations could have serious consequences on its reputation and goodwill.\n\"It is evident that the director-general is determined to take precipitative action,\" it added, referring to the watchdog's investigation chief.\nThe antitrust body also sent a request for information to Amazon in the investigation, said a source who sought anonymity because of the sensitivity of the matter.\nFlipkart, Amazon and the CCI did not immediately respond to a request for comment.\nAlthough India's trade minister and a court in south India have said the companies should not shy away from inquiries, Amazon and Flipkart say the CCI lacked evidence and should not have launched the investigation last year.\nThe request to the Supreme Court comes after the state court dismissed the companies' pleas in June and July, saying the investigation must continue.\nThe antitrust body, which has set Flipkart a July 30 deadline to answer its queries, had plans to speed the investigation into Amazon and Flipkart after the clearance from the court, Reuters reported in June.\nThe CCI questions also sought details of policies on showcasing products on Flipkart's website and internal communication with sellers over sale events, the court document showed.\nThe watchdog also asked for a list of Flipkart's top 100 sellers between 2015 to 2020 and top-selling products.\n\"The investigation...involves an intrusive and free-ranging inquiry,\" Flipkart said in the document, adding that it would have a \"tremendous\" impact.\nIndian retailers have said Flipkart favours select sellers on its platforms to the disadvantage of smaller players.\nIn February, a Reuters investigation https://www.reuters.com/investigates/special-report/amazon-india-operation based on Amazon documents showed it had given preferential treatment for years to a small group of sellers and used them to bypass Indian law.\nThe companies deny any wrongdoing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801097906,"gmtCreate":1627471101905,"gmtModify":1703490574594,"author":{"id":"4090567212969770","authorId":"4090567212969770","name":"babykangar00","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090567212969770","authorIdStr":"4090567212969770"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801097906","repostId":"1180567124","repostType":4,"repost":{"id":"1180567124","pubTimestamp":1627462043,"share":"https://ttm.financial/m/news/1180567124?lang=&edition=fundamental","pubTime":"2021-07-28 16:47","market":"us","language":"en","title":"Treasury yields climb ahead of Fed policy decision","url":"https://stock-news.laohu8.com/highlight/detail?id=1180567124","media":"CNBC","summary":"KEY POINTS\n\nThe Fed will issue a statement at 2 p.m. ET on Wednesday, following a two-day meeting of","content":"<div>\n<p>KEY POINTS\n\nThe Fed will issue a statement at 2 p.m. ET on Wednesday, following a two-day meeting of the Federal Open Market Committee.\nFed Chairman Jerome Powell will then speak to the media at 2:30 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/28/us-bonds-treasury-yields-climb-ahead-of-fed-policy-decision.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>Treasury yields climb ahead of Fed policy decision</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\">\nTreasury yields climb ahead of Fed policy decision\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 16:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/28/us-bonds-treasury-yields-climb-ahead-of-fed-policy-decision.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Fed will issue a statement at 2 p.m. ET on Wednesday, following a two-day meeting of the Federal Open Market Committee.\nFed Chairman Jerome Powell will then speak to the media at 2:30 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/28/us-bonds-treasury-yields-climb-ahead-of-fed-policy-decision.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/2021/07/28/us-bonds-treasury-yields-climb-ahead-of-fed-policy-decision.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180567124","content_text":"KEY POINTS\n\nThe Fed will issue a statement at 2 p.m. ET on Wednesday, following a two-day meeting of the Federal Open Market Committee.\nFed Chairman Jerome Powell will then speak to the media at 2:30 p.m. ET.\n\nU.S. Treasury yields climbed on Wednesday morning, ahead of Federal Reserve's latest monetary policy decision.\nThe yield on the benchmark 10-year Treasury note rose 2 basis points to 1.254% at 4:20 a.m. ET. The yield on the 30-year Treasury bond added 2 basis points, advancing to 1.911%. Yields move inversely to prices and 1 basis point equals 0.01 percentage points.\nTREASURYS\n\n\n\nTICKER\nCOMPANY\nYIELD\nCHANGE\n%CHANGE\n\n\n\n\nUS3M\nU.S. 3 Month Treasury\n0.058\n0.007\n0.00\n\n\nUS1Y\nU.S. 1 Year Treasury\n0.074\n0.006\n0.00\n\n\nUS2Y\nU.S. 2 Year Treasury\n0.207\n0.004\n0.00\n\n\nUS5Y\nU.S. 5 Year Treasury\n0.721\n0.011\n0.00\n\n\nUS10Y\nU.S. 10 Year Treasury\n1.256\n0.022\n0.00\n\n\nUS30Y\nU.S. 30 Year Treasury\n1.91\n0.021\n0.00\n\n\n\nThe Fed will issue a statement at 2 p.m. ET on Wednesday, following a two-day meeting of the Federal Open Market Committee. Fed Chairman Jerome Powell will then speak to the media at 2:30 p.m. ET.\nMany investors have been focused on when the Fed will start to talk about tightening its ultra-easy monetary policy, amid concerns about rising inflation. However, it looks likely that Fed officials will also express concerns about the rapid spread of the delta variant.\nScott Ruesterholz, a portfolio manager at Insight Investment, said on Wednesday that his firm expected the Fed to announce no change in policy, nor to give any formal guidance on tapering asset purchases.\n“Chairman Jay Powell will likely seek to use his press conference to emphasize the Fed’s data dependence as well as its patience while reiterating the view that elevated inflation is transitory,” he said.\nRuesterholz said that while the delta variant is unlikely to see new lockdowns implemented in the U.S. given the level of vaccinations, it may slow economic growth.\n“This development likely strengthens the hand of the doves on the FOMC who do not want to remove policy accommodation prematurely,” he explained.\nRuesterholz said his firm continued to expect the Fed’s Jackson Hole summit to be a more “natural point” to start formally discussing tapering.\nAuctions are scheduled to be held on Wednesday for $30 billion of 119-day bills and $28 billion of 2-year floating-rate notes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}