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tamika

tamika

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09-18

🙂🙂👌👌🎉🎉

07-30

TIGER ROARS, DECADES SOAR.

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TIGER ROARS, DECADES SOAR.

07-20

🧐😉🙂🙂😂😃

07-20

Rise to the challenge with me!

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Rise to the challenge with me!

07-13

Exciting Updates at Tiger Trade- Your Go-To Trading Platform!

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Exciting Updates at Tiger Trade- Your Go-To Trading Platform!

07-06

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07-05

Great article, would you like to share it?

US Employment, Wage Growth Expected to Moderate in June

07-05

Yayy for meeeee$BHP GROUP LTD(BHP.AU)$ 😊

06-06

Exciting Updates at Tiger Trade- Your Go-To Trading Platform!

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Exciting Updates at Tiger Trade- Your Go-To Trading Platform!

06-04

Exciting Updates at Tiger Trade- Your Go-To Trading Platform!

Find out more here:Exciting Updates at Tiger Trade- Your Go-To Trading Platform! Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!

Exciting Updates at Tiger Trade- Your Go-To Trading Platform!

06-04

Finger crossed everyone

05-17

Yay

05-08

An Invitation Letter from Tiger Brokers

Find out more here:An Invitation Letter from Tiger Brokers I have won a lot of awards in Tiger Brokers, come and see what rewards you have!

An Invitation Letter from Tiger Brokers

05-08

Great article, would you like to share it?

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05-08

Great article, would you like to share it?

Sorry, the original content has been removed

05-08

$RDDT 20240510 44.0 PUT$

05-08

An Invitation Letter from Tiger Brokers

Find out more here:An Invitation Letter from Tiger Brokers I have won a lot of awards in Tiger Brokers, come and see what rewards you have!

An Invitation Letter from Tiger Brokers

05-08

An Invitation Letter from Tiger Brokers

Find out more here:An Invitation Letter from Tiger Brokers I have won a lot of awards in Tiger Brokers, come and see what rewards you have!

An Invitation Letter from Tiger Brokers

05-07

$COMMONWEALTH BANK OF AUSTRAL(CBA.AU)$

05-07

😀😀😀😀😀

Go to Tiger App to see more news

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Join me to discover exciting features with me on Tiger Trade & win $1,010 worth of rewards!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/332932448018640","isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329493702086704,"gmtCreate":1721448416684,"gmtModify":1723625526920,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"htmlText":"🧐😉🙂🙂😂😃","listText":"🧐😉🙂🙂😂😃","text":"🧐😉🙂🙂😂😃","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329493702086704","isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329488246345840,"gmtCreate":1721447385515,"gmtModify":1721449687877,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"title":"Rise to the challenge with me!","htmlText":"Find out more here:<a href=\"https://tigr.link/9etKkZ?utm_campaign=20230905174312&amp;utm_medium=tiger_community&amp;shareID=2c8530bd6492edc278a821e4f597d066&amp;invite=8LD34K&amp;lang=en_AU&amp;platform=android&amp;utm_source=invite\">Rise to the challenge with me!</a> Join Tiger's elite team trading competition, combine your expertise, and team up for a chance to win $200,000 in prizes. Join us now!","listText":"Find out more here:<a href=\"https://tigr.link/9etKkZ?utm_campaign=20230905174312&amp;utm_medium=tiger_community&amp;shareID=2c8530bd6492edc278a821e4f597d066&amp;invite=8LD34K&amp;lang=en_AU&amp;platform=android&amp;utm_source=invite\">Rise to the challenge with me!</a> Join Tiger's elite team trading competition, combine your expertise, and team up for a chance to win $200,000 in prizes. Join us now!","text":"Find out more here:Rise to the challenge with me! Join Tiger's elite team trading competition, combine your expertise, and team up for a chance to win $200,000 in prizes. Join us now!","images":[{"img":"https://static.tigerbbs.com/cf4f22bc22a94782b0c8d822927d2b0f"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329488246345840","isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":326744396583008,"gmtCreate":1720804945713,"gmtModify":1720805844089,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"title":"Exciting Updates at Tiger Trade- Your Go-To Trading Platform!","htmlText":"Find out more here:<a href=\"https://tigr.link/94JfSg\">Exciting Updates at Tiger Trade- Your Go-To Trading Platform!</a> Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","listText":"Find out more here:<a href=\"https://tigr.link/94JfSg\">Exciting Updates at Tiger Trade- Your Go-To Trading Platform!</a> Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","text":"Find out more here:Exciting Updates at Tiger Trade- Your Go-To Trading Platform! Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/326744396583008","isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324360149721096,"gmtCreate":1720218841784,"gmtModify":1720496418754,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"title":"Web page not available","htmlText":"Find out more here:<a href=\"market://details?referrer=af_tranid=fE8__G4Wmw1SqY7aue0ZQg&amp;pid=natural&amp;utm_medium=tiger_community&amp;shareID=24065bd9a358c103e872b4c14e8ffd23&amp;invite=8LD34K&amp;id=com.tigerbrokers.stock&amp;lang=en_AU&amp;platform=android\">Web page not available</a>","listText":"Find out more here:<a href=\"market://details?referrer=af_tranid=fE8__G4Wmw1SqY7aue0ZQg&amp;pid=natural&amp;utm_medium=tiger_community&amp;shareID=24065bd9a358c103e872b4c14e8ffd23&amp;invite=8LD34K&amp;id=com.tigerbrokers.stock&amp;lang=en_AU&amp;platform=android\">Web page not available</a>","text":"Find out more here:Web page not available","images":[{"img":"https://static.tigerbbs.com/ff98eccfaff055c5a7c86bee57069e0c"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324360149721096","isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":324211016093872,"gmtCreate":1720159265271,"gmtModify":1720159267625,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324211016093872","repostId":"1169478611","repostType":4,"repost":{"id":"1169478611","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":1720157673,"share":"https://ttm.financial/m/news/1169478611?lang=&edition=fundamental","pubTime":"2024-07-05 13:34","market":"us","language":"en","title":"US Employment, Wage Growth Expected to Moderate in June","url":"https://stock-news.laohu8.com/highlight/detail?id=1169478611","media":"Reuters","summary":"SummaryNonfarm payrolls forecast to rise by 190,000 in JuneUnemployment rate expected to be unchanged at 4.0%Average hourly earnings forecast to gain 3.9% year-on-year(Reuters) - U.S. job growth likel","content":"<html><head></head><body><p><strong>Summary</strong></p><ul style=\"\"><li><p>Nonfarm payrolls forecast to rise by 190,000 in June</p></li><li><p>Unemployment rate expected to be unchanged at 4.0%</p></li><li><p>Average hourly earnings forecast to gain 3.9% year-on-year</p></li></ul><p>(Reuters) - U.S. job growth likely slowed to a still-healthy pace in June, with the unemployment rate holding steady at 4%, increasing the chances that the Federal Reserve will be able to tame inflation without tipping the economy into recession.</p><p>The Labor Department&#39;s closely watched employment report on Friday is also expected to show annual wage growth rising at its slowest rate in three years. When added to the moderation in prices in May, the report would confirm that the disinflationary trend was back on track after inflation surged in the first quarter.</p><p>It also could boost Fed policymakers&#39; confidence in the inflation outlook and push the U.S. central bank a step closer to start cutting rates later this year.</p><p>Financial markets remain optimistic the Fed could start its easing cycle in September after aggressively tightening monetary policy in 2022 and 2023. Fed Chair Jerome Powell said this week that the economy was back on a &#34;disinflationary path,&#34; but stressed policymakers needed more data before cutting rates.</p><p>&#34;The economy is moving into a reasonable and sustainable, pace of employment growth,&#34; said Brian Bethune, an economics professor at Boston College. &#34;There&#39;s no evidence of any sudden decline, nothing that would suggest we&#39;re suddenly going to tip over. We&#39;re still basically tracking a &#39;soft landing.&#39;&#34;</p><p>Nonfarm payrolls likely increased by 190,000 jobs last month after surging by 272,000 in May, according to a Reuters survey of economists. Employment gains have averaged about 230,000 jobs per month over the past 12 months.</p><p>Economists say the economy needs to create at least 150,000 jobs per month to keep up with growth in the working-age population, accounting for the recent surge in immigration.</p><p>The jobless rate rose to 4.0% in May for the first time since January 2022, boosted by volatile youth unemployment. Some economists expected it to drop back to 3.9% in June.</p><p>A lagging measure of employment, the Quarterly Census of Employment and Wages (QCEW), has suggested a much slower pace of job growth through the fourth quarter of 2023 than that of the payrolls data. The QCEW data is derived from reports by employers to the state unemployment insurance (UI) programs.</p><h2 id=\"id_1713026076\" style=\"text-align: start;\">BENCHMARK ESTIMATE</h2><p>But economists argue the QCEW data does not include undocumented immigrants, a group that they believe contributed to strong job growth last year. The Labor Department&#39;s Bureau of Labor Statistics will publish next month its payrolls benchmark estimate for the 12 months through March of this year.</p><p>&#34;Payrolls are on track to be revised downward, but we believe that&#39;s not because payrolls are overcounting but because QCEW is undercounting,&#34; said Sam Coffin, an economist at Morgan Stanley. &#34;Because QCEW is based on UI records, it likely misses counting those who are not authorized to work. If one&#39;s not authorized to work, one also is not eligible for unemployment insurance benefits. In contrast, the payroll survey asks that employees be counted regardless of legal status.&#34;</p><p>Hiring has been largely driven by sectors like healthcare, leisure and hospitality as well as state and local government education, which has seen staffing levels head back to pre-pandemic levels. That trend likely persisted in June, though at a more moderate pace than in the past months.</p><p>Employment in these sectors is mostly back at 2019 levels, and the 525 basis points worth of rate hikes from the Fed since 2022 to curb inflation has weighed on business formation.</p><p>Excess savings accumulated during the COVID-19 pandemic have been exhausted, contributing to a slowdown in demand for both labor, goods and services.</p><p>&#34;There&#39;s been a lot of the catch-up hiring that needed to be done to get businesses re-staffed again,&#34; said Sarah House, a senior economist at Wells Fargo. &#34;That&#39;s largely complete across a lot of different sectors.&#34;</p><p>Even as the labor market is cooling, wage growth remains sufficient to sustain consumer spending and the overall economic expansion.</p><p>Average hourly earnings are forecast to have risen 0.3% in June after climbing 0.4% in May. That would lower the annual increase in wages to 3.9%, the smallest gain since June 2021, from 4.1% in May. Wage growth in a 3%-3.5% range is seen as consistent with the Fed&#39;s 2% inflation target.</p><p>The central bank has maintained its benchmark overnight interest rate in the current 5.25%-5.50% range since last July. The minutes of the Fed&#39;s June 11-12 meeting, which were published on Wednesday, showed policymakers acknowledged the economy appeared to be slowing and that &#34;price pressures were diminishing.&#34;</p><p>Economists argue the labor market is not driving up inflation, noting that worker productivity has picked up, and worry that the Fed could stifle growth by keeping borrowing costs elevated for too long.</p><p>&#34;Wage growth had been high earlier in this expansion, but it&#39;s come down, said Kevin Rinz, a senior fellow at the Washington Center for Equitable Growth. &#34;Productivity growth has returned to the normal relationship it has with wage growth such that there&#39;s not a huge gap between those two. It doesn&#39;t really seem necessary at this point to be constraining the labor market for the sake of reducing inflation.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Employment, Wage Growth Expected to Moderate in June</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\">\nUS Employment, Wage Growth Expected to Moderate in June\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\">2024-07-05 13:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><strong>Summary</strong></p><ul style=\"\"><li><p>Nonfarm payrolls forecast to rise by 190,000 in June</p></li><li><p>Unemployment rate expected to be unchanged at 4.0%</p></li><li><p>Average hourly earnings forecast to gain 3.9% year-on-year</p></li></ul><p>(Reuters) - U.S. job growth likely slowed to a still-healthy pace in June, with the unemployment rate holding steady at 4%, increasing the chances that the Federal Reserve will be able to tame inflation without tipping the economy into recession.</p><p>The Labor Department&#39;s closely watched employment report on Friday is also expected to show annual wage growth rising at its slowest rate in three years. When added to the moderation in prices in May, the report would confirm that the disinflationary trend was back on track after inflation surged in the first quarter.</p><p>It also could boost Fed policymakers&#39; confidence in the inflation outlook and push the U.S. central bank a step closer to start cutting rates later this year.</p><p>Financial markets remain optimistic the Fed could start its easing cycle in September after aggressively tightening monetary policy in 2022 and 2023. Fed Chair Jerome Powell said this week that the economy was back on a &#34;disinflationary path,&#34; but stressed policymakers needed more data before cutting rates.</p><p>&#34;The economy is moving into a reasonable and sustainable, pace of employment growth,&#34; said Brian Bethune, an economics professor at Boston College. &#34;There&#39;s no evidence of any sudden decline, nothing that would suggest we&#39;re suddenly going to tip over. We&#39;re still basically tracking a &#39;soft landing.&#39;&#34;</p><p>Nonfarm payrolls likely increased by 190,000 jobs last month after surging by 272,000 in May, according to a Reuters survey of economists. Employment gains have averaged about 230,000 jobs per month over the past 12 months.</p><p>Economists say the economy needs to create at least 150,000 jobs per month to keep up with growth in the working-age population, accounting for the recent surge in immigration.</p><p>The jobless rate rose to 4.0% in May for the first time since January 2022, boosted by volatile youth unemployment. Some economists expected it to drop back to 3.9% in June.</p><p>A lagging measure of employment, the Quarterly Census of Employment and Wages (QCEW), has suggested a much slower pace of job growth through the fourth quarter of 2023 than that of the payrolls data. The QCEW data is derived from reports by employers to the state unemployment insurance (UI) programs.</p><h2 id=\"id_1713026076\" style=\"text-align: start;\">BENCHMARK ESTIMATE</h2><p>But economists argue the QCEW data does not include undocumented immigrants, a group that they believe contributed to strong job growth last year. The Labor Department&#39;s Bureau of Labor Statistics will publish next month its payrolls benchmark estimate for the 12 months through March of this year.</p><p>&#34;Payrolls are on track to be revised downward, but we believe that&#39;s not because payrolls are overcounting but because QCEW is undercounting,&#34; said Sam Coffin, an economist at Morgan Stanley. &#34;Because QCEW is based on UI records, it likely misses counting those who are not authorized to work. If one&#39;s not authorized to work, one also is not eligible for unemployment insurance benefits. In contrast, the payroll survey asks that employees be counted regardless of legal status.&#34;</p><p>Hiring has been largely driven by sectors like healthcare, leisure and hospitality as well as state and local government education, which has seen staffing levels head back to pre-pandemic levels. That trend likely persisted in June, though at a more moderate pace than in the past months.</p><p>Employment in these sectors is mostly back at 2019 levels, and the 525 basis points worth of rate hikes from the Fed since 2022 to curb inflation has weighed on business formation.</p><p>Excess savings accumulated during the COVID-19 pandemic have been exhausted, contributing to a slowdown in demand for both labor, goods and services.</p><p>&#34;There&#39;s been a lot of the catch-up hiring that needed to be done to get businesses re-staffed again,&#34; said Sarah House, a senior economist at Wells Fargo. &#34;That&#39;s largely complete across a lot of different sectors.&#34;</p><p>Even as the labor market is cooling, wage growth remains sufficient to sustain consumer spending and the overall economic expansion.</p><p>Average hourly earnings are forecast to have risen 0.3% in June after climbing 0.4% in May. That would lower the annual increase in wages to 3.9%, the smallest gain since June 2021, from 4.1% in May. Wage growth in a 3%-3.5% range is seen as consistent with the Fed&#39;s 2% inflation target.</p><p>The central bank has maintained its benchmark overnight interest rate in the current 5.25%-5.50% range since last July. The minutes of the Fed&#39;s June 11-12 meeting, which were published on Wednesday, showed policymakers acknowledged the economy appeared to be slowing and that &#34;price pressures were diminishing.&#34;</p><p>Economists argue the labor market is not driving up inflation, noting that worker productivity has picked up, and worry that the Fed could stifle growth by keeping borrowing costs elevated for too long.</p><p>&#34;Wage growth had been high earlier in this expansion, but it&#39;s come down, said Kevin Rinz, a senior fellow at the Washington Center for Equitable Growth. &#34;Productivity growth has returned to the normal relationship it has with wage growth such that there&#39;s not a huge gap between those two. It doesn&#39;t really seem necessary at this point to be constraining the labor market for the sake of reducing inflation.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169478611","content_text":"SummaryNonfarm payrolls forecast to rise by 190,000 in JuneUnemployment rate expected to be unchanged at 4.0%Average hourly earnings forecast to gain 3.9% year-on-year(Reuters) - U.S. job growth likely slowed to a still-healthy pace in June, with the unemployment rate holding steady at 4%, increasing the chances that the Federal Reserve will be able to tame inflation without tipping the economy into recession.The Labor Department's closely watched employment report on Friday is also expected to show annual wage growth rising at its slowest rate in three years. When added to the moderation in prices in May, the report would confirm that the disinflationary trend was back on track after inflation surged in the first quarter.It also could boost Fed policymakers' confidence in the inflation outlook and push the U.S. central bank a step closer to start cutting rates later this year.Financial markets remain optimistic the Fed could start its easing cycle in September after aggressively tightening monetary policy in 2022 and 2023. Fed Chair Jerome Powell said this week that the economy was back on a \"disinflationary path,\" but stressed policymakers needed more data before cutting rates.\"The economy is moving into a reasonable and sustainable, pace of employment growth,\" said Brian Bethune, an economics professor at Boston College. \"There's no evidence of any sudden decline, nothing that would suggest we're suddenly going to tip over. We're still basically tracking a 'soft landing.'\"Nonfarm payrolls likely increased by 190,000 jobs last month after surging by 272,000 in May, according to a Reuters survey of economists. Employment gains have averaged about 230,000 jobs per month over the past 12 months.Economists say the economy needs to create at least 150,000 jobs per month to keep up with growth in the working-age population, accounting for the recent surge in immigration.The jobless rate rose to 4.0% in May for the first time since January 2022, boosted by volatile youth unemployment. Some economists expected it to drop back to 3.9% in June.A lagging measure of employment, the Quarterly Census of Employment and Wages (QCEW), has suggested a much slower pace of job growth through the fourth quarter of 2023 than that of the payrolls data. The QCEW data is derived from reports by employers to the state unemployment insurance (UI) programs.BENCHMARK ESTIMATEBut economists argue the QCEW data does not include undocumented immigrants, a group that they believe contributed to strong job growth last year. The Labor Department's Bureau of Labor Statistics will publish next month its payrolls benchmark estimate for the 12 months through March of this year.\"Payrolls are on track to be revised downward, but we believe that's not because payrolls are overcounting but because QCEW is undercounting,\" said Sam Coffin, an economist at Morgan Stanley. \"Because QCEW is based on UI records, it likely misses counting those who are not authorized to work. If one's not authorized to work, one also is not eligible for unemployment insurance benefits. In contrast, the payroll survey asks that employees be counted regardless of legal status.\"Hiring has been largely driven by sectors like healthcare, leisure and hospitality as well as state and local government education, which has seen staffing levels head back to pre-pandemic levels. That trend likely persisted in June, though at a more moderate pace than in the past months.Employment in these sectors is mostly back at 2019 levels, and the 525 basis points worth of rate hikes from the Fed since 2022 to curb inflation has weighed on business formation.Excess savings accumulated during the COVID-19 pandemic have been exhausted, contributing to a slowdown in demand for both labor, goods and services.\"There's been a lot of the catch-up hiring that needed to be done to get businesses re-staffed again,\" said Sarah House, a senior economist at Wells Fargo. \"That's largely complete across a lot of different sectors.\"Even as the labor market is cooling, wage growth remains sufficient to sustain consumer spending and the overall economic expansion.Average hourly earnings are forecast to have risen 0.3% in June after climbing 0.4% in May. That would lower the annual increase in wages to 3.9%, the smallest gain since June 2021, from 4.1% in May. Wage growth in a 3%-3.5% range is seen as consistent with the Fed's 2% inflation target.The central bank has maintained its benchmark overnight interest rate in the current 5.25%-5.50% range since last July. The minutes of the Fed's June 11-12 meeting, which were published on Wednesday, showed policymakers acknowledged the economy appeared to be slowing and that \"price pressures were diminishing.\"Economists argue the labor market is not driving up inflation, noting that worker productivity has picked up, and worry that the Fed could stifle growth by keeping borrowing costs elevated for too long.\"Wage growth had been high earlier in this expansion, but it's come down, said Kevin Rinz, a senior fellow at the Washington Center for Equitable Growth. \"Productivity growth has returned to the normal relationship it has with wage growth such that there's not a huge gap between those two. It doesn't really seem necessary at this point to be constraining the labor market for the sake of reducing inflation.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324142916165720,"gmtCreate":1720142365702,"gmtModify":1720142369218,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"htmlText":"Yayy for meeeee<a href=\"https://ttm.financial/S/BHP.AU\">$BHP GROUP LTD(BHP.AU)$&nbsp;</a>&nbsp;😊","listText":"Yayy for meeeee<a href=\"https://ttm.financial/S/BHP.AU\">$BHP GROUP LTD(BHP.AU)$&nbsp;</a>&nbsp;😊","text":"Yayy for meeeee$BHP GROUP LTD(BHP.AU)$ 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324142916165720","isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":313912040935504,"gmtCreate":1717658991483,"gmtModify":1717659893380,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"title":"Exciting Updates at Tiger Trade- Your Go-To Trading Platform!","htmlText":"Find out more here:<a href=\"https://tigr.link/8iMM6H\">Exciting Updates at Tiger Trade- Your Go-To Trading Platform!</a> Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","listText":"Find out more here:<a href=\"https://tigr.link/8iMM6H\">Exciting Updates at Tiger Trade- Your Go-To Trading Platform!</a> Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","text":"Find out more here:Exciting Updates at Tiger Trade- Your Go-To Trading Platform! Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/313912040935504","isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":313053282513104,"gmtCreate":1717451348307,"gmtModify":1717451524603,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"title":"Exciting Updates at Tiger Trade- Your Go-To Trading Platform!","htmlText":"Find out more here:<a href=\"https://tigr.link/8flpBt\">Exciting Updates at Tiger Trade- Your Go-To Trading Platform!</a> Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","listText":"Find out more here:<a href=\"https://tigr.link/8flpBt\">Exciting Updates at Tiger Trade- Your Go-To Trading Platform!</a> Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","text":"Find out more here:Exciting Updates at Tiger Trade- Your Go-To Trading Platform! Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/313053282513104","isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":313053465079840,"gmtCreate":1717451299959,"gmtModify":1717451303627,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"htmlText":"Finger crossed everyone&nbsp;","listText":"Finger crossed everyone&nbsp;","text":"Finger crossed 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Invitation Letter from Tiger Brokers","htmlText":"Find out more here:<a href=\"https://tigr.link/7JDPAR\">An Invitation Letter from Tiger Brokers</a> I have won a lot of awards in Tiger Brokers, come and see what rewards you have!","listText":"Find out more here:<a href=\"https://tigr.link/7JDPAR\">An Invitation Letter from Tiger Brokers</a> I have won a lot of awards in Tiger Brokers, come and see what rewards you have!","text":"Find out more here:An Invitation Letter from Tiger Brokers I have won a lot of awards in Tiger Brokers, come and see what rewards you have!","images":[{"img":"https://static.tigerbbs.com/ff98eccfaff055c5a7c86bee57069e0c"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303728651968728","isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":303728557187312,"gmtCreate":1715172741258,"gmtModify":1715172743176,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share 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it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303728153035016","repostId":"1143758466","repostType":2,"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":303671481630744,"gmtCreate":1715158802807,"gmtModify":1715158804675,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/RDDT 20240510 44.0 PUT\">$RDDT 20240510 44.0 PUT$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/OPT/RDDT 20240510 44.0 PUT\">$RDDT 20240510 44.0 PUT$ </a>&nbsp;","text":"$RDDT 20240510 44.0 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have!","images":[{"img":"https://static.tigerbbs.com/ff98eccfaff055c5a7c86bee57069e0c"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303670321025168","isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":303670118043904,"gmtCreate":1715158501605,"gmtModify":1715934980566,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"title":"An Invitation Letter from Tiger Brokers","htmlText":"Find out more here:<a href=\"https://tigr.link/7JoTFb\">An Invitation Letter from Tiger Brokers</a> I have won a lot of awards in Tiger Brokers, come and see what rewards you 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have!","images":[{"img":"https://static.tigerbbs.com/ff98eccfaff055c5a7c86bee57069e0c"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303670118043904","isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":303294228287744,"gmtCreate":1715066731645,"gmtModify":1715066834911,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CBA.AU\">$COMMONWEALTH BANK OF AUSTRAL(CBA.AU)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/CBA.AU\">$COMMONWEALTH BANK OF AUSTRAL(CBA.AU)$&nbsp;</a><v-v 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Join us now!","images":[{"img":"https://static.tigerbbs.com/cf4f22bc22a94782b0c8d822927d2b0f"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329488246345840","isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":326744396583008,"gmtCreate":1720804945713,"gmtModify":1720805844089,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"title":"Exciting Updates at Tiger Trade- Your Go-To Trading Platform!","htmlText":"Find out more here:<a href=\"https://tigr.link/94JfSg\">Exciting Updates at Tiger Trade- Your Go-To Trading Platform!</a> Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","listText":"Find out more here:<a href=\"https://tigr.link/94JfSg\">Exciting Updates at Tiger Trade- Your Go-To Trading Platform!</a> Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","text":"Find out more here:Exciting Updates at Tiger Trade- Your Go-To Trading Platform! Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/326744396583008","isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324360149721096,"gmtCreate":1720218841784,"gmtModify":1720496418754,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"title":"Web page not available","htmlText":"Find out more here:<a href=\"market://details?referrer=af_tranid=fE8__G4Wmw1SqY7aue0ZQg&amp;pid=natural&amp;utm_medium=tiger_community&amp;shareID=24065bd9a358c103e872b4c14e8ffd23&amp;invite=8LD34K&amp;id=com.tigerbrokers.stock&amp;lang=en_AU&amp;platform=android\">Web page not available</a>","listText":"Find out more here:<a href=\"market://details?referrer=af_tranid=fE8__G4Wmw1SqY7aue0ZQg&amp;pid=natural&amp;utm_medium=tiger_community&amp;shareID=24065bd9a358c103e872b4c14e8ffd23&amp;invite=8LD34K&amp;id=com.tigerbrokers.stock&amp;lang=en_AU&amp;platform=android\">Web page not available</a>","text":"Find out more here:Web page not available","images":[{"img":"https://static.tigerbbs.com/ff98eccfaff055c5a7c86bee57069e0c"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324360149721096","isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":324211016093872,"gmtCreate":1720159265271,"gmtModify":1720159267625,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324211016093872","repostId":"1169478611","repostType":4,"repost":{"id":"1169478611","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":1720157673,"share":"https://ttm.financial/m/news/1169478611?lang=&edition=fundamental","pubTime":"2024-07-05 13:34","market":"us","language":"en","title":"US Employment, Wage Growth Expected to Moderate in June","url":"https://stock-news.laohu8.com/highlight/detail?id=1169478611","media":"Reuters","summary":"SummaryNonfarm payrolls forecast to rise by 190,000 in JuneUnemployment rate expected to be unchanged at 4.0%Average hourly earnings forecast to gain 3.9% year-on-year(Reuters) - U.S. job growth likel","content":"<html><head></head><body><p><strong>Summary</strong></p><ul style=\"\"><li><p>Nonfarm payrolls forecast to rise by 190,000 in June</p></li><li><p>Unemployment rate expected to be unchanged at 4.0%</p></li><li><p>Average hourly earnings forecast to gain 3.9% year-on-year</p></li></ul><p>(Reuters) - U.S. job growth likely slowed to a still-healthy pace in June, with the unemployment rate holding steady at 4%, increasing the chances that the Federal Reserve will be able to tame inflation without tipping the economy into recession.</p><p>The Labor Department&#39;s closely watched employment report on Friday is also expected to show annual wage growth rising at its slowest rate in three years. When added to the moderation in prices in May, the report would confirm that the disinflationary trend was back on track after inflation surged in the first quarter.</p><p>It also could boost Fed policymakers&#39; confidence in the inflation outlook and push the U.S. central bank a step closer to start cutting rates later this year.</p><p>Financial markets remain optimistic the Fed could start its easing cycle in September after aggressively tightening monetary policy in 2022 and 2023. Fed Chair Jerome Powell said this week that the economy was back on a &#34;disinflationary path,&#34; but stressed policymakers needed more data before cutting rates.</p><p>&#34;The economy is moving into a reasonable and sustainable, pace of employment growth,&#34; said Brian Bethune, an economics professor at Boston College. &#34;There&#39;s no evidence of any sudden decline, nothing that would suggest we&#39;re suddenly going to tip over. We&#39;re still basically tracking a &#39;soft landing.&#39;&#34;</p><p>Nonfarm payrolls likely increased by 190,000 jobs last month after surging by 272,000 in May, according to a Reuters survey of economists. Employment gains have averaged about 230,000 jobs per month over the past 12 months.</p><p>Economists say the economy needs to create at least 150,000 jobs per month to keep up with growth in the working-age population, accounting for the recent surge in immigration.</p><p>The jobless rate rose to 4.0% in May for the first time since January 2022, boosted by volatile youth unemployment. Some economists expected it to drop back to 3.9% in June.</p><p>A lagging measure of employment, the Quarterly Census of Employment and Wages (QCEW), has suggested a much slower pace of job growth through the fourth quarter of 2023 than that of the payrolls data. The QCEW data is derived from reports by employers to the state unemployment insurance (UI) programs.</p><h2 id=\"id_1713026076\" style=\"text-align: start;\">BENCHMARK ESTIMATE</h2><p>But economists argue the QCEW data does not include undocumented immigrants, a group that they believe contributed to strong job growth last year. The Labor Department&#39;s Bureau of Labor Statistics will publish next month its payrolls benchmark estimate for the 12 months through March of this year.</p><p>&#34;Payrolls are on track to be revised downward, but we believe that&#39;s not because payrolls are overcounting but because QCEW is undercounting,&#34; said Sam Coffin, an economist at Morgan Stanley. &#34;Because QCEW is based on UI records, it likely misses counting those who are not authorized to work. If one&#39;s not authorized to work, one also is not eligible for unemployment insurance benefits. In contrast, the payroll survey asks that employees be counted regardless of legal status.&#34;</p><p>Hiring has been largely driven by sectors like healthcare, leisure and hospitality as well as state and local government education, which has seen staffing levels head back to pre-pandemic levels. That trend likely persisted in June, though at a more moderate pace than in the past months.</p><p>Employment in these sectors is mostly back at 2019 levels, and the 525 basis points worth of rate hikes from the Fed since 2022 to curb inflation has weighed on business formation.</p><p>Excess savings accumulated during the COVID-19 pandemic have been exhausted, contributing to a slowdown in demand for both labor, goods and services.</p><p>&#34;There&#39;s been a lot of the catch-up hiring that needed to be done to get businesses re-staffed again,&#34; said Sarah House, a senior economist at Wells Fargo. &#34;That&#39;s largely complete across a lot of different sectors.&#34;</p><p>Even as the labor market is cooling, wage growth remains sufficient to sustain consumer spending and the overall economic expansion.</p><p>Average hourly earnings are forecast to have risen 0.3% in June after climbing 0.4% in May. That would lower the annual increase in wages to 3.9%, the smallest gain since June 2021, from 4.1% in May. Wage growth in a 3%-3.5% range is seen as consistent with the Fed&#39;s 2% inflation target.</p><p>The central bank has maintained its benchmark overnight interest rate in the current 5.25%-5.50% range since last July. The minutes of the Fed&#39;s June 11-12 meeting, which were published on Wednesday, showed policymakers acknowledged the economy appeared to be slowing and that &#34;price pressures were diminishing.&#34;</p><p>Economists argue the labor market is not driving up inflation, noting that worker productivity has picked up, and worry that the Fed could stifle growth by keeping borrowing costs elevated for too long.</p><p>&#34;Wage growth had been high earlier in this expansion, but it&#39;s come down, said Kevin Rinz, a senior fellow at the Washington Center for Equitable Growth. &#34;Productivity growth has returned to the normal relationship it has with wage growth such that there&#39;s not a huge gap between those two. It doesn&#39;t really seem necessary at this point to be constraining the labor market for the sake of reducing inflation.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Employment, Wage Growth Expected to Moderate in June</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\">\nUS Employment, Wage Growth Expected to Moderate in June\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\">2024-07-05 13:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><strong>Summary</strong></p><ul style=\"\"><li><p>Nonfarm payrolls forecast to rise by 190,000 in June</p></li><li><p>Unemployment rate expected to be unchanged at 4.0%</p></li><li><p>Average hourly earnings forecast to gain 3.9% year-on-year</p></li></ul><p>(Reuters) - U.S. job growth likely slowed to a still-healthy pace in June, with the unemployment rate holding steady at 4%, increasing the chances that the Federal Reserve will be able to tame inflation without tipping the economy into recession.</p><p>The Labor Department&#39;s closely watched employment report on Friday is also expected to show annual wage growth rising at its slowest rate in three years. When added to the moderation in prices in May, the report would confirm that the disinflationary trend was back on track after inflation surged in the first quarter.</p><p>It also could boost Fed policymakers&#39; confidence in the inflation outlook and push the U.S. central bank a step closer to start cutting rates later this year.</p><p>Financial markets remain optimistic the Fed could start its easing cycle in September after aggressively tightening monetary policy in 2022 and 2023. Fed Chair Jerome Powell said this week that the economy was back on a &#34;disinflationary path,&#34; but stressed policymakers needed more data before cutting rates.</p><p>&#34;The economy is moving into a reasonable and sustainable, pace of employment growth,&#34; said Brian Bethune, an economics professor at Boston College. &#34;There&#39;s no evidence of any sudden decline, nothing that would suggest we&#39;re suddenly going to tip over. We&#39;re still basically tracking a &#39;soft landing.&#39;&#34;</p><p>Nonfarm payrolls likely increased by 190,000 jobs last month after surging by 272,000 in May, according to a Reuters survey of economists. Employment gains have averaged about 230,000 jobs per month over the past 12 months.</p><p>Economists say the economy needs to create at least 150,000 jobs per month to keep up with growth in the working-age population, accounting for the recent surge in immigration.</p><p>The jobless rate rose to 4.0% in May for the first time since January 2022, boosted by volatile youth unemployment. Some economists expected it to drop back to 3.9% in June.</p><p>A lagging measure of employment, the Quarterly Census of Employment and Wages (QCEW), has suggested a much slower pace of job growth through the fourth quarter of 2023 than that of the payrolls data. The QCEW data is derived from reports by employers to the state unemployment insurance (UI) programs.</p><h2 id=\"id_1713026076\" style=\"text-align: start;\">BENCHMARK ESTIMATE</h2><p>But economists argue the QCEW data does not include undocumented immigrants, a group that they believe contributed to strong job growth last year. The Labor Department&#39;s Bureau of Labor Statistics will publish next month its payrolls benchmark estimate for the 12 months through March of this year.</p><p>&#34;Payrolls are on track to be revised downward, but we believe that&#39;s not because payrolls are overcounting but because QCEW is undercounting,&#34; said Sam Coffin, an economist at Morgan Stanley. &#34;Because QCEW is based on UI records, it likely misses counting those who are not authorized to work. If one&#39;s not authorized to work, one also is not eligible for unemployment insurance benefits. In contrast, the payroll survey asks that employees be counted regardless of legal status.&#34;</p><p>Hiring has been largely driven by sectors like healthcare, leisure and hospitality as well as state and local government education, which has seen staffing levels head back to pre-pandemic levels. That trend likely persisted in June, though at a more moderate pace than in the past months.</p><p>Employment in these sectors is mostly back at 2019 levels, and the 525 basis points worth of rate hikes from the Fed since 2022 to curb inflation has weighed on business formation.</p><p>Excess savings accumulated during the COVID-19 pandemic have been exhausted, contributing to a slowdown in demand for both labor, goods and services.</p><p>&#34;There&#39;s been a lot of the catch-up hiring that needed to be done to get businesses re-staffed again,&#34; said Sarah House, a senior economist at Wells Fargo. &#34;That&#39;s largely complete across a lot of different sectors.&#34;</p><p>Even as the labor market is cooling, wage growth remains sufficient to sustain consumer spending and the overall economic expansion.</p><p>Average hourly earnings are forecast to have risen 0.3% in June after climbing 0.4% in May. That would lower the annual increase in wages to 3.9%, the smallest gain since June 2021, from 4.1% in May. Wage growth in a 3%-3.5% range is seen as consistent with the Fed&#39;s 2% inflation target.</p><p>The central bank has maintained its benchmark overnight interest rate in the current 5.25%-5.50% range since last July. The minutes of the Fed&#39;s June 11-12 meeting, which were published on Wednesday, showed policymakers acknowledged the economy appeared to be slowing and that &#34;price pressures were diminishing.&#34;</p><p>Economists argue the labor market is not driving up inflation, noting that worker productivity has picked up, and worry that the Fed could stifle growth by keeping borrowing costs elevated for too long.</p><p>&#34;Wage growth had been high earlier in this expansion, but it&#39;s come down, said Kevin Rinz, a senior fellow at the Washington Center for Equitable Growth. &#34;Productivity growth has returned to the normal relationship it has with wage growth such that there&#39;s not a huge gap between those two. It doesn&#39;t really seem necessary at this point to be constraining the labor market for the sake of reducing inflation.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169478611","content_text":"SummaryNonfarm payrolls forecast to rise by 190,000 in JuneUnemployment rate expected to be unchanged at 4.0%Average hourly earnings forecast to gain 3.9% year-on-year(Reuters) - U.S. job growth likely slowed to a still-healthy pace in June, with the unemployment rate holding steady at 4%, increasing the chances that the Federal Reserve will be able to tame inflation without tipping the economy into recession.The Labor Department's closely watched employment report on Friday is also expected to show annual wage growth rising at its slowest rate in three years. When added to the moderation in prices in May, the report would confirm that the disinflationary trend was back on track after inflation surged in the first quarter.It also could boost Fed policymakers' confidence in the inflation outlook and push the U.S. central bank a step closer to start cutting rates later this year.Financial markets remain optimistic the Fed could start its easing cycle in September after aggressively tightening monetary policy in 2022 and 2023. Fed Chair Jerome Powell said this week that the economy was back on a \"disinflationary path,\" but stressed policymakers needed more data before cutting rates.\"The economy is moving into a reasonable and sustainable, pace of employment growth,\" said Brian Bethune, an economics professor at Boston College. \"There's no evidence of any sudden decline, nothing that would suggest we're suddenly going to tip over. We're still basically tracking a 'soft landing.'\"Nonfarm payrolls likely increased by 190,000 jobs last month after surging by 272,000 in May, according to a Reuters survey of economists. Employment gains have averaged about 230,000 jobs per month over the past 12 months.Economists say the economy needs to create at least 150,000 jobs per month to keep up with growth in the working-age population, accounting for the recent surge in immigration.The jobless rate rose to 4.0% in May for the first time since January 2022, boosted by volatile youth unemployment. Some economists expected it to drop back to 3.9% in June.A lagging measure of employment, the Quarterly Census of Employment and Wages (QCEW), has suggested a much slower pace of job growth through the fourth quarter of 2023 than that of the payrolls data. The QCEW data is derived from reports by employers to the state unemployment insurance (UI) programs.BENCHMARK ESTIMATEBut economists argue the QCEW data does not include undocumented immigrants, a group that they believe contributed to strong job growth last year. The Labor Department's Bureau of Labor Statistics will publish next month its payrolls benchmark estimate for the 12 months through March of this year.\"Payrolls are on track to be revised downward, but we believe that's not because payrolls are overcounting but because QCEW is undercounting,\" said Sam Coffin, an economist at Morgan Stanley. \"Because QCEW is based on UI records, it likely misses counting those who are not authorized to work. If one's not authorized to work, one also is not eligible for unemployment insurance benefits. In contrast, the payroll survey asks that employees be counted regardless of legal status.\"Hiring has been largely driven by sectors like healthcare, leisure and hospitality as well as state and local government education, which has seen staffing levels head back to pre-pandemic levels. That trend likely persisted in June, though at a more moderate pace than in the past months.Employment in these sectors is mostly back at 2019 levels, and the 525 basis points worth of rate hikes from the Fed since 2022 to curb inflation has weighed on business formation.Excess savings accumulated during the COVID-19 pandemic have been exhausted, contributing to a slowdown in demand for both labor, goods and services.\"There's been a lot of the catch-up hiring that needed to be done to get businesses re-staffed again,\" said Sarah House, a senior economist at Wells Fargo. \"That's largely complete across a lot of different sectors.\"Even as the labor market is cooling, wage growth remains sufficient to sustain consumer spending and the overall economic expansion.Average hourly earnings are forecast to have risen 0.3% in June after climbing 0.4% in May. That would lower the annual increase in wages to 3.9%, the smallest gain since June 2021, from 4.1% in May. Wage growth in a 3%-3.5% range is seen as consistent with the Fed's 2% inflation target.The central bank has maintained its benchmark overnight interest rate in the current 5.25%-5.50% range since last July. The minutes of the Fed's June 11-12 meeting, which were published on Wednesday, showed policymakers acknowledged the economy appeared to be slowing and that \"price pressures were diminishing.\"Economists argue the labor market is not driving up inflation, noting that worker productivity has picked up, and worry that the Fed could stifle growth by keeping borrowing costs elevated for too long.\"Wage growth had been high earlier in this expansion, but it's come down, said Kevin Rinz, a senior fellow at the Washington Center for Equitable Growth. \"Productivity growth has returned to the normal relationship it has with wage growth such that there's not a huge gap between those two. It doesn't really seem necessary at this point to be constraining the labor market for the sake of reducing inflation.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324142916165720,"gmtCreate":1720142365702,"gmtModify":1720142369218,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"htmlText":"Yayy for meeeee<a href=\"https://ttm.financial/S/BHP.AU\">$BHP GROUP LTD(BHP.AU)$&nbsp;</a>&nbsp;😊","listText":"Yayy for meeeee<a href=\"https://ttm.financial/S/BHP.AU\">$BHP GROUP LTD(BHP.AU)$&nbsp;</a>&nbsp;😊","text":"Yayy for meeeee$BHP GROUP LTD(BHP.AU)$ 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324142916165720","isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":313912040935504,"gmtCreate":1717658991483,"gmtModify":1717659893380,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"title":"Exciting Updates at Tiger Trade- Your Go-To Trading Platform!","htmlText":"Find out more here:<a href=\"https://tigr.link/8iMM6H\">Exciting Updates at Tiger Trade- Your Go-To Trading Platform!</a> Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","listText":"Find out more here:<a href=\"https://tigr.link/8iMM6H\">Exciting Updates at Tiger Trade- Your Go-To Trading Platform!</a> Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","text":"Find out more here:Exciting Updates at Tiger Trade- Your Go-To Trading Platform! Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/313912040935504","isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":313053282513104,"gmtCreate":1717451348307,"gmtModify":1717451524603,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"title":"Exciting Updates at Tiger Trade- Your Go-To Trading Platform!","htmlText":"Find out more here:<a href=\"https://tigr.link/8flpBt\">Exciting Updates at Tiger Trade- Your Go-To Trading Platform!</a> Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","listText":"Find out more here:<a href=\"https://tigr.link/8flpBt\">Exciting Updates at Tiger Trade- Your Go-To Trading Platform!</a> Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","text":"Find out more here:Exciting Updates at Tiger Trade- Your Go-To Trading Platform! Open a Tiger account using my referral link and deposit any amount to receive a fixed rate of 7% p.a. for 150 days on your uninvested cash, and receive an extra USD 30 in TSLA shares on cumulative net deposits over AUD 2,000!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/313053282513104","isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":313053465079840,"gmtCreate":1717451299959,"gmtModify":1717451303627,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"htmlText":"Finger crossed everyone&nbsp;","listText":"Finger crossed everyone&nbsp;","text":"Finger crossed everyone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/313053465079840","isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":306787343638672,"gmtCreate":1715934532706,"gmtModify":1715934537301,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[{"img":"https://community-static.tradeup.com/news/a8d53b61b3ad384c1fc6683a4c934f27","width":"1080","height":"1336"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/306787343638672","isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":303728651968728,"gmtCreate":1715172843026,"gmtModify":1715174362217,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"title":"An Invitation Letter from Tiger Brokers","htmlText":"Find out more here:<a href=\"https://tigr.link/7JDPAR\">An Invitation Letter from Tiger Brokers</a> I have won a lot of awards in Tiger Brokers, come and see what rewards you have!","listText":"Find out more here:<a href=\"https://tigr.link/7JDPAR\">An Invitation Letter from Tiger Brokers</a> I have won a lot of awards in Tiger Brokers, come and see what rewards you have!","text":"Find out more here:An Invitation Letter from Tiger Brokers I have won a lot of awards in Tiger Brokers, come and see what rewards you have!","images":[{"img":"https://static.tigerbbs.com/ff98eccfaff055c5a7c86bee57069e0c"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303728651968728","isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":303728557187312,"gmtCreate":1715172741258,"gmtModify":1715172743176,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303728557187312","repostId":"1143758466","repostType":2,"repost":{"id":"1143758466","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":1715171111,"share":"https://ttm.financial/m/news/1143758466?lang=&edition=fundamental","pubTime":"2024-05-08 20:25","market":"us","language":"en","title":"Pre-Bell | Stock Futures Dip; Tesla Falls Nearly 4%; Intel Drops 2%; Uber Sinks 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=1143758466","media":"Tiger Newspress","summary":"U.S. stock index futures were set for a lower open on Wednesday following a weak forecast from Uber and a rebound in bond yields as investors sought more clarity on the Federal Reserve's plans for int","content":"<html><head></head><body><p>U.S. stock index futures were set for a lower open on Wednesday following a weak forecast from Uber and a rebound in bond yields as investors sought more clarity on the Federal Reserve&#39;s plans for interest rate cuts.</p><h2 id=\"id_1146698944\">Market Snapshot</h2><p>At 8:20 a.m. ET, Dow e-minis were down 54 points, or 0.14%, S&amp;P 500 e-minis were down 17 points, or 0.33%, and Nasdaq 100 e-minis were down 86.5 points, or 0.48%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/373781d78eb0b0ac0041eeed7fb044d3\" title=\"\" tg-width=\"453\" tg-height=\"246\"/></p><h2 id=\"id_2449728734\">Pre-Market Movers</h2><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> stock fell nearly 4% in premarket trading. U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the matter told Reuters.</p><p>Chipmaker <a href=\"https://laohu8.com/S/INTC\">Intel</a> said on Wednesday the U.S. Department of Commerce was revoking certain export licenses for its consumer-related items to a customer in China, a move that would impact its second-quarter revenue. Intel fell 2% in premarket trading.</p><p><a href=\"https://laohu8.com/S/RDDT\">Reddit</a> shares surged 12% after the social-media platform reported a narrower-than expected first-quarter loss and revenue in the period jumped to $243 million from $163.7 million a year earlier, beating analysts’ estimates of $214 million. It was Reddit’s first report as a public company. Reddit said daily active users increased 37% to 82.7 million. For the second quarter, Reddit said it expects revenue of between $240 million and $255 million, well ahead of analysts’ consensus of $227.5 million. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/UBER\">Uber Technologies</a> was falling 5.9% after the ride-hailing giant swung to a loss of $654 million in the first quarter. The period included a charge of $721 million “related to the revaluation of Uber’s equity investments,” the company said.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/LYFT\">Lyft</a>’s first-quarter adjusted earnings topped forecasts, revenue jumped 28% to $1.3 billion, and the ride-hailing company logged 188 million rides during the quarter, a 23% increase from a year earlier. Gross bookings in the quarter rose 21%. The stock was up 6.3%.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/SHOP\">Shopify</a> was falling 17% after the e-commerce company swung to a surprise loss in its fiscal first quarter.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive</a>, the electric-truck maker, fell 6.1% in premarket trading after reporting a first-quarter loss that was wider than expected. Rivian left full-year guidance unchanged, saying it expects to make 57,000 trucks, SUVs, and delivery vans in 2024.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/ANET\">Arista Networks</a> reported first-quarter revenue that rose more than expected and the cloud-networking company said its board authorized additional stock buybacks of up to $1.2 billion. Arista posted an adjusted profit in the quarter of $1.99 a share, topping analysts’ estimates of $1.74. Revenue rose 16% from a year earlier to $1.57 billion. Shares jumped 7.2%.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/DV\">DoubleVerify</a> slumped 41% after the advertising data software company cut its full-year outlook, saying it expects revenue of between $663 million and $675 million, down from previous guidance of $688 million to $704 million. The company also said it anticipates adjusted earnings before interest, taxes, depreciation and amortization in 2024 of between $199 million and $211 million, compared with a prior range of $205 million to $221 million. The company said it reduced guidance “due to uneven spending patterns among select large advertisers.”</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/BROS\">Dutch Bros</a> was up 8.6% after the coffee chain raised its revenue outlook for the year. The company said same-store sales in the first quarter rose 10% and revenue jumped 39.5% year over year to $275.1 million.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/UPST\">Upstart Holdings</a> was down 13% after the artificial-intelligence lending company’s second-quarter forecast missed analysts’ expectations. Upstart said it expects revenue of $125 million in the period and an adjusted Ebitda loss of $25 million. Analysts had anticipated revenue of $145 million and a $5.9 million adjusted Ebitda loss.</p><p style=\"text-align: start;\">Shares of <a href=\"https://laohu8.com/S/ZI\">ZoomInfo</a> Technologies sank 23% after guidance from the provider of databases of customer contact information for second-quarter revenue of $306 million to $309 million was below analysts’ estimates of $313.2 million.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/TOST\">Toast</a> rose 4.9% after the cloud-based restaurant-management software company reported a first-quarter loss of $83 million, or 15 cents a share, compared with a loss of $81 million, or 16 cents, a year earlier. Revenue soared 31% to $1.08 billion, ahead of expectations of $1.04 billion.</p><p style=\"text-align: start;\">Shares of <a href=\"https://laohu8.com/S/TWLO\">Twilio</a> declined 7.8% after the cloud-communications company said it expected second-quarter revenue of $1.05 billion to $1.06 billion, below Wall Street forecasts of $1.08 billion. The company reported first-quarter adjusted profit of 80 cents a share, topping estimates of 59 cents.</p><p style=\"text-align: start;\">Semiconductor company <a href=\"https://laohu8.com/S/ALAB\">Astera Labs</a> reported first-quarter adjusted earnings of 10 cents a share, beating analysts’ predictions of 4 cents, and a revenue jump of 29% to $65.3 million, but the stock was down 6.7% in premarket trading. Astera went public in March and</p><h2 id=\"id_1718173024\">Market News</h2><h3 id=\"id_896999298\">Apple&#39;s China iPhone Shipments Soar 12% in March After Discounts</h3><p>Chinese iPhone shipments jumped about 12% in March after Apple Inc. and its retailers slashed prices, official data showed, suggesting efforts to arrest an accelerating decline in sales are yielding early results.</p><p>Government data showed shipments of foreign-branded smartphones — the vast majority of which would have been Apple’s marquee device — grew to 3.75 million units in March from a year earlier. That’s an about-face from a 37% slump in the first two months of 2024, according to Bloomberg’s calculations off a monthly report by the China Academy of Information and Communications Technology. The official readout emerged after Apple Chief Executive Officer Tim Cook, addressing an analyst’s question last week about the March quarter, said the iPhone business in mainland China grew without offering more details.</p><h3 id=\"id_2718296983\">Tesla Plans to Test Its &#34;Robotaxi&#34; in China</h3><p>Elon Musk, the CEO of the United States electric vehicle maker Tesla, proposed testing the full self-driving, or FSD, functions of its vehicles in the Chinese market by deploying them as &#34;taxis&#34; during his recent visit to China, and sources indicated that the Chinese government may have offered partial support for this plan.</p><p style=\"text-align: start;\">In addition to seeking approval for its most advanced FSD software rollout in China, Musk also suggested implementing these functions in the country&#39;s taxi services, individuals close to the matter told China Daily.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell | Stock Futures Dip; Tesla Falls Nearly 4%; Intel Drops 2%; Uber Sinks 7%</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\">\nPre-Bell | Stock Futures Dip; Tesla Falls Nearly 4%; Intel Drops 2%; Uber Sinks 7%\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\">2024-05-08 20:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures were set for a lower open on Wednesday following a weak forecast from Uber and a rebound in bond yields as investors sought more clarity on the Federal Reserve&#39;s plans for interest rate cuts.</p><h2 id=\"id_1146698944\">Market Snapshot</h2><p>At 8:20 a.m. ET, Dow e-minis were down 54 points, or 0.14%, S&amp;P 500 e-minis were down 17 points, or 0.33%, and Nasdaq 100 e-minis were down 86.5 points, or 0.48%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/373781d78eb0b0ac0041eeed7fb044d3\" title=\"\" tg-width=\"453\" tg-height=\"246\"/></p><h2 id=\"id_2449728734\">Pre-Market Movers</h2><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> stock fell nearly 4% in premarket trading. U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the matter told Reuters.</p><p>Chipmaker <a href=\"https://laohu8.com/S/INTC\">Intel</a> said on Wednesday the U.S. Department of Commerce was revoking certain export licenses for its consumer-related items to a customer in China, a move that would impact its second-quarter revenue. Intel fell 2% in premarket trading.</p><p><a href=\"https://laohu8.com/S/RDDT\">Reddit</a> shares surged 12% after the social-media platform reported a narrower-than expected first-quarter loss and revenue in the period jumped to $243 million from $163.7 million a year earlier, beating analysts’ estimates of $214 million. It was Reddit’s first report as a public company. Reddit said daily active users increased 37% to 82.7 million. For the second quarter, Reddit said it expects revenue of between $240 million and $255 million, well ahead of analysts’ consensus of $227.5 million. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/UBER\">Uber Technologies</a> was falling 5.9% after the ride-hailing giant swung to a loss of $654 million in the first quarter. The period included a charge of $721 million “related to the revaluation of Uber’s equity investments,” the company said.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/LYFT\">Lyft</a>’s first-quarter adjusted earnings topped forecasts, revenue jumped 28% to $1.3 billion, and the ride-hailing company logged 188 million rides during the quarter, a 23% increase from a year earlier. Gross bookings in the quarter rose 21%. The stock was up 6.3%.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/SHOP\">Shopify</a> was falling 17% after the e-commerce company swung to a surprise loss in its fiscal first quarter.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive</a>, the electric-truck maker, fell 6.1% in premarket trading after reporting a first-quarter loss that was wider than expected. Rivian left full-year guidance unchanged, saying it expects to make 57,000 trucks, SUVs, and delivery vans in 2024.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/ANET\">Arista Networks</a> reported first-quarter revenue that rose more than expected and the cloud-networking company said its board authorized additional stock buybacks of up to $1.2 billion. Arista posted an adjusted profit in the quarter of $1.99 a share, topping analysts’ estimates of $1.74. Revenue rose 16% from a year earlier to $1.57 billion. Shares jumped 7.2%.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/DV\">DoubleVerify</a> slumped 41% after the advertising data software company cut its full-year outlook, saying it expects revenue of between $663 million and $675 million, down from previous guidance of $688 million to $704 million. The company also said it anticipates adjusted earnings before interest, taxes, depreciation and amortization in 2024 of between $199 million and $211 million, compared with a prior range of $205 million to $221 million. The company said it reduced guidance “due to uneven spending patterns among select large advertisers.”</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/BROS\">Dutch Bros</a> was up 8.6% after the coffee chain raised its revenue outlook for the year. The company said same-store sales in the first quarter rose 10% and revenue jumped 39.5% year over year to $275.1 million.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/UPST\">Upstart Holdings</a> was down 13% after the artificial-intelligence lending company’s second-quarter forecast missed analysts’ expectations. Upstart said it expects revenue of $125 million in the period and an adjusted Ebitda loss of $25 million. Analysts had anticipated revenue of $145 million and a $5.9 million adjusted Ebitda loss.</p><p style=\"text-align: start;\">Shares of <a href=\"https://laohu8.com/S/ZI\">ZoomInfo</a> Technologies sank 23% after guidance from the provider of databases of customer contact information for second-quarter revenue of $306 million to $309 million was below analysts’ estimates of $313.2 million.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/TOST\">Toast</a> rose 4.9% after the cloud-based restaurant-management software company reported a first-quarter loss of $83 million, or 15 cents a share, compared with a loss of $81 million, or 16 cents, a year earlier. Revenue soared 31% to $1.08 billion, ahead of expectations of $1.04 billion.</p><p style=\"text-align: start;\">Shares of <a href=\"https://laohu8.com/S/TWLO\">Twilio</a> declined 7.8% after the cloud-communications company said it expected second-quarter revenue of $1.05 billion to $1.06 billion, below Wall Street forecasts of $1.08 billion. The company reported first-quarter adjusted profit of 80 cents a share, topping estimates of 59 cents.</p><p style=\"text-align: start;\">Semiconductor company <a href=\"https://laohu8.com/S/ALAB\">Astera Labs</a> reported first-quarter adjusted earnings of 10 cents a share, beating analysts’ predictions of 4 cents, and a revenue jump of 29% to $65.3 million, but the stock was down 6.7% in premarket trading. Astera went public in March and</p><h2 id=\"id_1718173024\">Market News</h2><h3 id=\"id_896999298\">Apple&#39;s China iPhone Shipments Soar 12% in March After Discounts</h3><p>Chinese iPhone shipments jumped about 12% in March after Apple Inc. and its retailers slashed prices, official data showed, suggesting efforts to arrest an accelerating decline in sales are yielding early results.</p><p>Government data showed shipments of foreign-branded smartphones — the vast majority of which would have been Apple’s marquee device — grew to 3.75 million units in March from a year earlier. That’s an about-face from a 37% slump in the first two months of 2024, according to Bloomberg’s calculations off a monthly report by the China Academy of Information and Communications Technology. The official readout emerged after Apple Chief Executive Officer Tim Cook, addressing an analyst’s question last week about the March quarter, said the iPhone business in mainland China grew without offering more details.</p><h3 id=\"id_2718296983\">Tesla Plans to Test Its &#34;Robotaxi&#34; in China</h3><p>Elon Musk, the CEO of the United States electric vehicle maker Tesla, proposed testing the full self-driving, or FSD, functions of its vehicles in the Chinese market by deploying them as &#34;taxis&#34; during his recent visit to China, and sources indicated that the Chinese government may have offered partial support for this plan.</p><p style=\"text-align: start;\">In addition to seeking approval for its most advanced FSD software rollout in China, Musk also suggested implementing these functions in the country&#39;s taxi services, individuals close to the matter told China Daily.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143758466","content_text":"U.S. stock index futures were set for a lower open on Wednesday following a weak forecast from Uber and a rebound in bond yields as investors sought more clarity on the Federal Reserve's plans for interest rate cuts.Market SnapshotAt 8:20 a.m. ET, Dow e-minis were down 54 points, or 0.14%, S&P 500 e-minis were down 17 points, or 0.33%, and Nasdaq 100 e-minis were down 86.5 points, or 0.48%.Pre-Market MoversTesla stock fell nearly 4% in premarket trading. U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the matter told Reuters.Chipmaker Intel said on Wednesday the U.S. Department of Commerce was revoking certain export licenses for its consumer-related items to a customer in China, a move that would impact its second-quarter revenue. Intel fell 2% in premarket trading.Reddit shares surged 12% after the social-media platform reported a narrower-than expected first-quarter loss and revenue in the period jumped to $243 million from $163.7 million a year earlier, beating analysts’ estimates of $214 million. It was Reddit’s first report as a public company. Reddit said daily active users increased 37% to 82.7 million. For the second quarter, Reddit said it expects revenue of between $240 million and $255 million, well ahead of analysts’ consensus of $227.5 million. Uber Technologies was falling 5.9% after the ride-hailing giant swung to a loss of $654 million in the first quarter. The period included a charge of $721 million “related to the revaluation of Uber’s equity investments,” the company said.Lyft’s first-quarter adjusted earnings topped forecasts, revenue jumped 28% to $1.3 billion, and the ride-hailing company logged 188 million rides during the quarter, a 23% increase from a year earlier. Gross bookings in the quarter rose 21%. The stock was up 6.3%.Shopify was falling 17% after the e-commerce company swung to a surprise loss in its fiscal first quarter.Rivian Automotive, the electric-truck maker, fell 6.1% in premarket trading after reporting a first-quarter loss that was wider than expected. Rivian left full-year guidance unchanged, saying it expects to make 57,000 trucks, SUVs, and delivery vans in 2024.Arista Networks reported first-quarter revenue that rose more than expected and the cloud-networking company said its board authorized additional stock buybacks of up to $1.2 billion. Arista posted an adjusted profit in the quarter of $1.99 a share, topping analysts’ estimates of $1.74. Revenue rose 16% from a year earlier to $1.57 billion. Shares jumped 7.2%.DoubleVerify slumped 41% after the advertising data software company cut its full-year outlook, saying it expects revenue of between $663 million and $675 million, down from previous guidance of $688 million to $704 million. The company also said it anticipates adjusted earnings before interest, taxes, depreciation and amortization in 2024 of between $199 million and $211 million, compared with a prior range of $205 million to $221 million. The company said it reduced guidance “due to uneven spending patterns among select large advertisers.”Dutch Bros was up 8.6% after the coffee chain raised its revenue outlook for the year. The company said same-store sales in the first quarter rose 10% and revenue jumped 39.5% year over year to $275.1 million.Upstart Holdings was down 13% after the artificial-intelligence lending company’s second-quarter forecast missed analysts’ expectations. Upstart said it expects revenue of $125 million in the period and an adjusted Ebitda loss of $25 million. Analysts had anticipated revenue of $145 million and a $5.9 million adjusted Ebitda loss.Shares of ZoomInfo Technologies sank 23% after guidance from the provider of databases of customer contact information for second-quarter revenue of $306 million to $309 million was below analysts’ estimates of $313.2 million.Toast rose 4.9% after the cloud-based restaurant-management software company reported a first-quarter loss of $83 million, or 15 cents a share, compared with a loss of $81 million, or 16 cents, a year earlier. Revenue soared 31% to $1.08 billion, ahead of expectations of $1.04 billion.Shares of Twilio declined 7.8% after the cloud-communications company said it expected second-quarter revenue of $1.05 billion to $1.06 billion, below Wall Street forecasts of $1.08 billion. The company reported first-quarter adjusted profit of 80 cents a share, topping estimates of 59 cents.Semiconductor company Astera Labs reported first-quarter adjusted earnings of 10 cents a share, beating analysts’ predictions of 4 cents, and a revenue jump of 29% to $65.3 million, but the stock was down 6.7% in premarket trading. Astera went public in March andMarket NewsApple's China iPhone Shipments Soar 12% in March After DiscountsChinese iPhone shipments jumped about 12% in March after Apple Inc. and its retailers slashed prices, official data showed, suggesting efforts to arrest an accelerating decline in sales are yielding early results.Government data showed shipments of foreign-branded smartphones — the vast majority of which would have been Apple’s marquee device — grew to 3.75 million units in March from a year earlier. That’s an about-face from a 37% slump in the first two months of 2024, according to Bloomberg’s calculations off a monthly report by the China Academy of Information and Communications Technology. The official readout emerged after Apple Chief Executive Officer Tim Cook, addressing an analyst’s question last week about the March quarter, said the iPhone business in mainland China grew without offering more details.Tesla Plans to Test Its \"Robotaxi\" in ChinaElon Musk, the CEO of the United States electric vehicle maker Tesla, proposed testing the full self-driving, or FSD, functions of its vehicles in the Chinese market by deploying them as \"taxis\" during his recent visit to China, and sources indicated that the Chinese government may have offered partial support for this plan.In addition to seeking approval for its most advanced FSD software rollout in China, Musk also suggested implementing these functions in the country's taxi services, individuals close to the matter told China Daily.","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":303728153035016,"gmtCreate":1715172729605,"gmtModify":1715172733573,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303728153035016","repostId":"1143758466","repostType":2,"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":303671481630744,"gmtCreate":1715158802807,"gmtModify":1715158804675,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/RDDT 20240510 44.0 PUT\">$RDDT 20240510 44.0 PUT$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/OPT/RDDT 20240510 44.0 PUT\">$RDDT 20240510 44.0 PUT$ </a>&nbsp;","text":"$RDDT 20240510 44.0 PUT$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303671481630744","isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":303670321025168,"gmtCreate":1715158520862,"gmtModify":1715160726738,"author":{"id":"4176971127383862","authorId":"4176971127383862","name":"tamika","avatar":"https://community-static.tradeup.com/news/8d84b8e17c739b0aaf109ed5e2b92e4d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4176971127383862","authorIdStr":"4176971127383862"},"themes":[],"title":"An Invitation Letter from Tiger Brokers","htmlText":"Find out more here:<a href=\"https://tigr.link/7JCuC1\">An Invitation Letter from Tiger Brokers</a> I have won a lot of awards in Tiger Brokers, come and see what rewards you have!","listText":"Find out more here:<a href=\"https://tigr.link/7JCuC1\">An Invitation Letter from Tiger Brokers</a> I have won a lot of awards in Tiger Brokers, come and see what rewards you have!","text":"Find out more here:An Invitation Letter from Tiger Brokers I have won a lot of awards in Tiger Brokers, come and see what rewards you 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