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- VonevonVonevon
  ·2021-06-25
  Nice
  Nasdaq and S&P 500 end at record highs; Dow rallies
  June 24 (Reuters) - The Nasdaq and the S&P 500 indexes closed at record highs on Thursday, with the
  Nasdaq and S&P 500 end at record highs; Dow rallies
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- VonevonVonevon
  ·2021-06-24
  ??
  3 Revolutionary Stocks That Can Make You Rich
  Artificial intelligence and machine learning are competitive advantages they've had from the start.
  3 Revolutionary Stocks That Can Make You Rich
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- VonevonVonevon
  ·2021-06-21
  Great!
  Why Uber and Lyft prices are going up -- and how you can get around for less
  It could be months until there are enough drivers to significantly lower prices. Ride-shares have g
  Why Uber and Lyft prices are going up -- and how you can get around for less
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Dow rallies","url":"https://stock-news.laohu8.com/highlight/detail?id=2146023477","media":"Reuters","summary":"June 24 (Reuters) - The Nasdaq and the S&P 500 indexes closed at record highs on Thursday, with the ","content":"<p>June 24 (Reuters) - The Nasdaq and the S&amp;P 500 indexes closed at record highs on Thursday, with the Dow also jumping almost 1% after U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal.</p>\n<p>With massive fiscal stimulus helped the U.S. economy grow at a 6.4% annualized rate in the first quarter, investors have been banking on an infrastructure agreement that could steer the next leg of the recovery for the world's largest economy and fuel more stock gains.</p>\n<p>Construction and mining equipment maker Caterpillar and aerospace firm Boeing both jumped more than 2%, helping lift the Dow Jones Industrial Average.</p>\n<p>\"In the short term, I think there will be some 'buy the rumor and sell the news' in materials and industrials, but as we start to see more details come out about how the money will be spent, I think we will get a continued benefit,\" said Sal Bruno, chief investment officer at IndexIQ in New York.</p>\n<p>Fueling the S&amp;P 500's gains more than any other stock, Tesla Inc rose 3.5% after Chief Executive Officer Elon Musk said he would list SpaceX's space internet venture, Starlink, when its cash flow is reasonably predictable, adding that Tesla shareholders could get preference in investing.</p>\n<p>Mega-caps <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc each gained more than 1%, and were also among the biggest boosts to the S&amp;P 500 and the Nasdaq.</p>\n<p>Microsoft added 0.5% and ended with a market capitalization above $2 trillion for its first time.</p>\n<p>Initial claims for state unemployment benefits fell 7,000 to 411,000 for the week ended June 19, the Labor Department said on Thursday, but were still higher than the 380,000 that economists had forecast.</p>\n<p>The Commerce Department said the economy grew at a 6.4% rate last quarter, unrevised from the estimate published in May.</p>\n<p>So far this month, the S&amp;P 500 growth index has climbed almost 4%, outperforming the value index's 2% drop.</p>\n<p>The Dow Jones Industrial Average rose 0.95% to end at 34,196.82 points, while the S&amp;P 500 gained 0.58% to 4,266.49.</p>\n<p>The Nasdaq Composite climbed 0.69% to 14,369.71.</p>\n<p>Volume on U.S. exchanges was 9.2 billion shares, less than the 11.0 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 technology, healthcare and communication services sector indexes hit record highs.</p>\n<p>So far in 2021, the S&amp;P 500 has gained almost 14%, beating the Nasdaq's 11% rise.</p>\n<p>Eli Lilly and Co jumped 7.3% to a record high after the drugmaker said it would apply for the U.S. Food and Drug Administration's accelerated approval for its experimental Alzheimer's drug this year.</p>\n<p>In response, Biogen Inc , which received a controversial approval for its Alzheimer's drug aducanumab earlier this month, tumbled 6.1%.</p>\n<p>MGM Resorts International rose 2.2% after Deutsche Bank upgraded the casino operator's stock to \"buy\" from \"hold.\"</p>\n<p>Accenture Plc gained 2.1% after the IT consulting firm raised its full-year revenue forecast.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.29-to-1 ratio; on Nasdaq, a 2.44-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 105 new highs and 27 new lows.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nasdaq and S&P 500 end at record highs; Dow rallies</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; 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}\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\">\nNasdaq and S&P 500 end at record highs; Dow rallies\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-25 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 24 (Reuters) - The Nasdaq and the S&amp;P 500 indexes closed at record highs on Thursday, with the Dow also jumping almost 1% after U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal.</p>\n<p>With massive fiscal stimulus helped the U.S. economy grow at a 6.4% annualized rate in the first quarter, investors have been banking on an infrastructure agreement that could steer the next leg of the recovery for the world's largest economy and fuel more stock gains.</p>\n<p>Construction and mining equipment maker Caterpillar and aerospace firm Boeing both jumped more than 2%, helping lift the Dow Jones Industrial Average.</p>\n<p>\"In the short term, I think there will be some 'buy the rumor and sell the news' in materials and industrials, but as we start to see more details come out about how the money will be spent, I think we will get a continued benefit,\" said Sal Bruno, chief investment officer at IndexIQ in New York.</p>\n<p>Fueling the S&amp;P 500's gains more than any other stock, Tesla Inc rose 3.5% after Chief Executive Officer Elon Musk said he would list SpaceX's space internet venture, Starlink, when its cash flow is reasonably predictable, adding that Tesla shareholders could get preference in investing.</p>\n<p>Mega-caps <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc each gained more than 1%, and were also among the biggest boosts to the S&amp;P 500 and the Nasdaq.</p>\n<p>Microsoft added 0.5% and ended with a market capitalization above $2 trillion for its first time.</p>\n<p>Initial claims for state unemployment benefits fell 7,000 to 411,000 for the week ended June 19, the Labor Department said on Thursday, but were still higher than the 380,000 that economists had forecast.</p>\n<p>The Commerce Department said the economy grew at a 6.4% rate last quarter, unrevised from the estimate published in May.</p>\n<p>So far this month, the S&amp;P 500 growth index has climbed almost 4%, outperforming the value index's 2% drop.</p>\n<p>The Dow Jones Industrial Average rose 0.95% to end at 34,196.82 points, while the S&amp;P 500 gained 0.58% to 4,266.49.</p>\n<p>The Nasdaq Composite climbed 0.69% to 14,369.71.</p>\n<p>Volume on U.S. exchanges was 9.2 billion shares, less than the 11.0 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 technology, healthcare and communication services sector indexes hit record highs.</p>\n<p>So far in 2021, the S&amp;P 500 has gained almost 14%, beating the Nasdaq's 11% rise.</p>\n<p>Eli Lilly and Co jumped 7.3% to a record high after the drugmaker said it would apply for the U.S. Food and Drug Administration's accelerated approval for its experimental Alzheimer's drug this year.</p>\n<p>In response, Biogen Inc , which received a controversial approval for its Alzheimer's drug aducanumab earlier this month, tumbled 6.1%.</p>\n<p>MGM Resorts International rose 2.2% after Deutsche Bank upgraded the casino operator's stock to \"buy\" from \"hold.\"</p>\n<p>Accenture Plc gained 2.1% after the IT consulting firm raised its full-year revenue forecast.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.29-to-1 ratio; on Nasdaq, a 2.44-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 105 new highs and 27 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SH":"标普500反向ETF","UPRO":"三倍做多标普500ETF","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯","IVV":"标普500指数ETF","SPXU":"三倍做空标普500ETF","SSO":"两倍做多标普500ETF","SDS":"两倍做空标普500ETF","MSFT":"微软","SPY":"标普500ETF",".IXIC":"NASDAQ Composite","OEX":"标普100",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146023477","content_text":"June 24 (Reuters) - The Nasdaq and the S&P 500 indexes closed at record highs on Thursday, with the Dow also jumping almost 1% after U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal.\nWith massive fiscal stimulus helped the U.S. economy grow at a 6.4% annualized rate in the first quarter, investors have been banking on an infrastructure agreement that could steer the next leg of the recovery for the world's largest economy and fuel more stock gains.\nConstruction and mining equipment maker Caterpillar and aerospace firm Boeing both jumped more than 2%, helping lift the Dow Jones Industrial Average.\n\"In the short term, I think there will be some 'buy the rumor and sell the news' in materials and industrials, but as we start to see more details come out about how the money will be spent, I think we will get a continued benefit,\" said Sal Bruno, chief investment officer at IndexIQ in New York.\nFueling the S&P 500's gains more than any other stock, Tesla Inc rose 3.5% after Chief Executive Officer Elon Musk said he would list SpaceX's space internet venture, Starlink, when its cash flow is reasonably predictable, adding that Tesla shareholders could get preference in investing.\nMega-caps PayPal and Facebook Inc each gained more than 1%, and were also among the biggest boosts to the S&P 500 and the Nasdaq.\nMicrosoft added 0.5% and ended with a market capitalization above $2 trillion for its first time.\nInitial claims for state unemployment benefits fell 7,000 to 411,000 for the week ended June 19, the Labor Department said on Thursday, but were still higher than the 380,000 that economists had forecast.\nThe Commerce Department said the economy grew at a 6.4% rate last quarter, unrevised from the estimate published in May.\nSo far this month, the S&P 500 growth index has climbed almost 4%, outperforming the value index's 2% drop.\nThe Dow Jones Industrial Average rose 0.95% to end at 34,196.82 points, while the S&P 500 gained 0.58% to 4,266.49.\nThe Nasdaq Composite climbed 0.69% to 14,369.71.\nVolume on U.S. exchanges was 9.2 billion shares, less than the 11.0 billion average over the last 20 trading days.\nThe S&P 500 technology, healthcare and communication services sector indexes hit record highs.\nSo far in 2021, the S&P 500 has gained almost 14%, beating the Nasdaq's 11% rise.\nEli Lilly and Co jumped 7.3% to a record high after the drugmaker said it would apply for the U.S. Food and Drug Administration's accelerated approval for its experimental Alzheimer's drug this year.\nIn response, Biogen Inc , which received a controversial approval for its Alzheimer's drug aducanumab earlier this month, tumbled 6.1%.\nMGM Resorts International rose 2.2% after Deutsche Bank upgraded the casino operator's stock to \"buy\" from \"hold.\"\nAccenture Plc gained 2.1% after the IT consulting firm raised its full-year revenue forecast.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.29-to-1 ratio; on Nasdaq, a 2.44-to-1 ratio favored advancers.\nThe S&P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 105 new highs and 27 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126976381,"gmtCreate":1624543354543,"gmtModify":1703839899225,"author":{"id":"3570703751746141","authorId":"3570703751746141","name":"Vonevon","avatar":"https://community-static.tradeup.com/news/5e0e71823191b053150b1ddad58ba428","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570703751746141","authorIdStr":"3570703751746141"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126976381","repostId":"2145046329","repostType":4,"repost":{"id":"2145046329","kind":"highlight","pubTimestamp":1624540260,"share":"https://ttm.financial/m/news/2145046329?lang=&edition=fundamental","pubTime":"2021-06-24 21:11","market":"us","language":"en","title":"3 Revolutionary Stocks That Can Make You Rich","url":"https://stock-news.laohu8.com/highlight/detail?id=2145046329","media":"Motley Fool","summary":"Artificial intelligence and machine learning are competitive advantages they've had from the start.","content":"<p>Artificial intelligence (AI) is popping up everywhere. That's because it's a competitive advantage for companies that harness its power. Like computers, the internet, and the cloud before it, many companies claim to use it. But the truly innovative companies have built their businesses on AI from the ground up. And they are quickly outpacing competitors.</p>\n<p>Three companies that are following this path to carve out entirely new approaches to old problems are <b>Moderna</b> (NASDAQ:MRNA), <b>Upstart</b> <b>Holdings</b> (NASDAQ:UPST), and <b>The</b> <b>Trade</b> <b>Desk</b> (NASDAQ:TTD). Although the stock prices of all have risen sharply, market-beating gains should still lie ahead.</p>\n<p><img src=\"https://static.tigerbbs.com/50a91906606dc42d1b6a9db535011f65\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>1. Moderna</h3>\n<p>Moderna entered the public's consciousness when it became an early leader in the race to develop a vaccine for COVID-19. The company took just 42 days from getting the genome of the virus to shipping a drug candidate for human testing. That speed was by design. CEO Stephane Bancel set out to make Moderna \"the first truly digital biotech company.\"</p>\n<p>It has invested more than $100 million in digitization, automation, and data science -- AI and machine learning (ML) -- since its inception, and plans to double down over the next five years. It uses machine learning to optimize manufacturing processes and increase the quality of the mRNA it produces. This lowers the cost and increases how fast it can design, develop, and select new therapies for trial.</p>\n<p>The Moderna COVID-19 vaccine is just the first treatment to bear fruit for patients and shareholders. The stock is up 965% since the beginning of 2020 and management expects it to generate at least $19.2 billion in revenue this year. The company isn't stopping there. It has 25 candidates in its pipeline, including some for solid tumors and personalized cancer vaccines. If its COVID-19 vaccine is any indication, Moderna could be on the cusp of becoming the leader in a new era of medicine. Its ability to employ AI and ML is accelerating the change.</p>\n<h3>2. Upstart Holdings</h3>\n<p>Traditional lending decisions are typically only based on a few variables and rarely quantify risk. That leaves many consumers paying more for loans than they should or unable to obtain them at all. That's also bad for borrowers, who need to compete in a highly fragmented industry.</p>\n<p>Upstart Holdings has created a better way to assess risk and improve credit decisions. Its decision engine isn't a manual process that has been digitized. Instead, its machine learning models -- trained on more than 1,000 variables and 10.5 million repayment events -- augment or replace the traditional process. The company is also using ML to reduce the friction borrowers experience in the verification process. In all, it has helped the company grow loan volume by a factor of 20 over the past four years.</p>\n<p>The company mostly counts regional banks and credit unions as its customers. They're adopting the approach as a way to compete with larger financial institutions. The AI-enhanced lending has helped them increase loan volume while decreasing the average interest rate borrowers are paying. That's true for traditionally underserved demographics as well. It's a win-win, and the Consumer Financial Protection Bureau (CFPB) agrees. Using the agency's criteria, Upstart's AI model approved 27% more loan applications at a 16% lower average interest rate. The company is in year two of a \"no action letter\" from the CFPB -- a stamp of approval.</p>\n<p>Lenders have signed up in droves. In the first quarter of 2021, revenue was up 90%. The company is expecting the top line to grow 157% for the full fiscal year. Some of the growth is attributable to a recent acquisition that gives it access to the $1.3 trillion auto lending industry. Until now, it was focused on personal loans. Upstart is methodically making its way through the consumer lending market using machine learning to benefit both lenders and borrowers. It's in the early innings of a disruption that could go on for decades. The numbers show it's gaining steam.</p>\n<h3>3. The Trade Desk</h3>\n<p>Ever since smartphones became ubiquitous, how people enjoy content has changed. The media landscape has become more digital, leading to audiences spread out across websites, streaming apps, and the like. It's led to advertisers having to work harder to reach the same large audiences they used to. The Trade Desk is helping them work smarter.</p>\n<p>The company's self-service platform lets advertisers create and manage their ad campaigns in a way that optimizes spending across multiple channels and formats. Since the company only works with ad buyers, they are viewed as a trusted enabler -- not a disruptor -- adding value to the industry. On the company's platform, advertisers can use their own data, as well as build their own applications. Of course, The Trade Desk offers its own services, including machine learning models that optimize campaigns. The company has an incredible amount of data, and its models improve with every ad. It's a formula that since 2016 has seen revenue and the stock climb 340% and 2,000%, respectively.</p>\n<p>The stock is currently 33% off of its highs after announcements from <b>Apple</b> and <b>Google</b> about eliminating the use of cookies -- the code on websites that identifies users and helps track them across the internet. Those only account for about 20% of data-driven ads but the Trade Desk has an answer. It created Unified ID (UID) 2.0 as an anonymized alternative and it has a lot of momentum. It made it open source, essentially donating it to the industry.</p>\n<p>Analysts are still asking if consumers will opt in to the system. According to CEO Jeff Green, they will. And he believes the changes will ultimately prove positive for the company. With more than a decade adapting to changes in the industry, he is in the best position to know. For that reason, any sell-off in the stock is likely a buying opportunity for investors with a long-term horizon.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Revolutionary Stocks That Can Make You Rich</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\">\n3 Revolutionary Stocks That Can Make You Rich\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 21:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/24/3-revolutionary-stocks-that-can-make-you-rich/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Artificial intelligence (AI) is popping up everywhere. That's because it's a competitive advantage for companies that harness its power. Like computers, the internet, and the cloud before it, many ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/24/3-revolutionary-stocks-that-can-make-you-rich/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPST":"Upstart Holdings, Inc.","TTD":"Trade Desk Inc.","MRNA":"Moderna, Inc."},"source_url":"https://www.fool.com/investing/2021/06/24/3-revolutionary-stocks-that-can-make-you-rich/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145046329","content_text":"Artificial intelligence (AI) is popping up everywhere. That's because it's a competitive advantage for companies that harness its power. Like computers, the internet, and the cloud before it, many companies claim to use it. But the truly innovative companies have built their businesses on AI from the ground up. And they are quickly outpacing competitors.\nThree companies that are following this path to carve out entirely new approaches to old problems are Moderna (NASDAQ:MRNA), Upstart Holdings (NASDAQ:UPST), and The Trade Desk (NASDAQ:TTD). Although the stock prices of all have risen sharply, market-beating gains should still lie ahead.\n\nImage source: Getty Images.\n1. Moderna\nModerna entered the public's consciousness when it became an early leader in the race to develop a vaccine for COVID-19. The company took just 42 days from getting the genome of the virus to shipping a drug candidate for human testing. That speed was by design. CEO Stephane Bancel set out to make Moderna \"the first truly digital biotech company.\"\nIt has invested more than $100 million in digitization, automation, and data science -- AI and machine learning (ML) -- since its inception, and plans to double down over the next five years. It uses machine learning to optimize manufacturing processes and increase the quality of the mRNA it produces. This lowers the cost and increases how fast it can design, develop, and select new therapies for trial.\nThe Moderna COVID-19 vaccine is just the first treatment to bear fruit for patients and shareholders. The stock is up 965% since the beginning of 2020 and management expects it to generate at least $19.2 billion in revenue this year. The company isn't stopping there. It has 25 candidates in its pipeline, including some for solid tumors and personalized cancer vaccines. If its COVID-19 vaccine is any indication, Moderna could be on the cusp of becoming the leader in a new era of medicine. Its ability to employ AI and ML is accelerating the change.\n2. Upstart Holdings\nTraditional lending decisions are typically only based on a few variables and rarely quantify risk. That leaves many consumers paying more for loans than they should or unable to obtain them at all. That's also bad for borrowers, who need to compete in a highly fragmented industry.\nUpstart Holdings has created a better way to assess risk and improve credit decisions. Its decision engine isn't a manual process that has been digitized. Instead, its machine learning models -- trained on more than 1,000 variables and 10.5 million repayment events -- augment or replace the traditional process. The company is also using ML to reduce the friction borrowers experience in the verification process. In all, it has helped the company grow loan volume by a factor of 20 over the past four years.\nThe company mostly counts regional banks and credit unions as its customers. They're adopting the approach as a way to compete with larger financial institutions. The AI-enhanced lending has helped them increase loan volume while decreasing the average interest rate borrowers are paying. That's true for traditionally underserved demographics as well. It's a win-win, and the Consumer Financial Protection Bureau (CFPB) agrees. Using the agency's criteria, Upstart's AI model approved 27% more loan applications at a 16% lower average interest rate. The company is in year two of a \"no action letter\" from the CFPB -- a stamp of approval.\nLenders have signed up in droves. In the first quarter of 2021, revenue was up 90%. The company is expecting the top line to grow 157% for the full fiscal year. Some of the growth is attributable to a recent acquisition that gives it access to the $1.3 trillion auto lending industry. Until now, it was focused on personal loans. Upstart is methodically making its way through the consumer lending market using machine learning to benefit both lenders and borrowers. It's in the early innings of a disruption that could go on for decades. The numbers show it's gaining steam.\n3. The Trade Desk\nEver since smartphones became ubiquitous, how people enjoy content has changed. The media landscape has become more digital, leading to audiences spread out across websites, streaming apps, and the like. It's led to advertisers having to work harder to reach the same large audiences they used to. The Trade Desk is helping them work smarter.\nThe company's self-service platform lets advertisers create and manage their ad campaigns in a way that optimizes spending across multiple channels and formats. Since the company only works with ad buyers, they are viewed as a trusted enabler -- not a disruptor -- adding value to the industry. On the company's platform, advertisers can use their own data, as well as build their own applications. Of course, The Trade Desk offers its own services, including machine learning models that optimize campaigns. The company has an incredible amount of data, and its models improve with every ad. It's a formula that since 2016 has seen revenue and the stock climb 340% and 2,000%, respectively.\nThe stock is currently 33% off of its highs after announcements from Apple and Google about eliminating the use of cookies -- the code on websites that identifies users and helps track them across the internet. Those only account for about 20% of data-driven ads but the Trade Desk has an answer. It created Unified ID (UID) 2.0 as an anonymized alternative and it has a lot of momentum. It made it open source, essentially donating it to the industry.\nAnalysts are still asking if consumers will opt in to the system. According to CEO Jeff Green, they will. And he believes the changes will ultimately prove positive for the company. With more than a decade adapting to changes in the industry, he is in the best position to know. For that reason, any sell-off in the stock is likely a buying opportunity for investors with a long-term horizon.","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167611622,"gmtCreate":1624264683766,"gmtModify":1703831904121,"author":{"id":"3570703751746141","authorId":"3570703751746141","name":"Vonevon","avatar":"https://community-static.tradeup.com/news/5e0e71823191b053150b1ddad58ba428","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570703751746141","authorIdStr":"3570703751746141"},"themes":[],"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167611622","repostId":"2144706863","repostType":4,"repost":{"id":"2144706863","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624261020,"share":"https://ttm.financial/m/news/2144706863?lang=&edition=fundamental","pubTime":"2021-06-21 15:37","market":"hk","language":"en","title":"Why Uber and Lyft prices are going up -- and how you can get around for less","url":"https://stock-news.laohu8.com/highlight/detail?id=2144706863","media":"Dow Jones","summary":"It could be months until there are enough drivers to significantly lower prices.\n\nRide-shares have g","content":"<blockquote>\n It could be months until there are enough drivers to significantly lower prices.\n</blockquote>\n<p>Ride-shares have gotten expensive enough in Chicago that Matt Shachat has decided it's time to finally get a driver's license.</p>\n<p>A Bay Area native who has also lived in Boston, Shachat didn't need to drive himself anywhere before. Even when he moved to Chicago, Uber rides to and from his office were within his budget at around $23 each way.</p>\n<p>Nowadays, he's paying closer to $32 a ride, an amount that works out to nearly $1,300 a month -- enough to cover a car payment, insurance and parking. One 45-minute journey in recent weeks cost him $94, but it's longer wait times that bother Shachat more than bigger bills. \"This morning I was late to work even though I budgeted an extra 15 minutes,\" he said, describing a transaction that required a 20-minute wait.</p>\n<p>Shachat's is a situation that's playing out in cities across the U.S. as demand for rides has come roaring back faster than drivers and discount pool rides.</p>\n<p>In Chicago, ride-sharing companies had a combined 48,000 drivers in April. That's less than half the number of drivers that they had pre-pandemic, according to data collected by the city of Chicago. The city is also down <a href=\"https://laohu8.com/S/AONE\">one</a> ride-sharing company, Via, which suspended public services during the pandemic.</p>\n<p>Meanwhile, ride-share fares have been rising in Chicago, climbing to over an average of $22 in April from less than $16in December, according to the city's data. That's still cheaper than a taxi, although the savings are narrowing.</p>\n<p>Beyond free rides to vaccination appointments and discounts for new users, there is little relief in sight for ride-sharing customers until more drivers says is already happening. More than 33,000 additional drivers came online the week of May 17 alone, an Uber spokeswoman said, noting a decline in surge pricing in Los Angeles and New York.</p>\n<p>Lyft said it too is seeing pressures ease and customer wait times decrease. At a J.P. Morgan <a href=\"https://laohu8.com/S/JPM\">$(JPM)$</a> conference last month, Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> co-founder John Zimmer said he expects driver supply and rider demand to become more balanced in the next few months.</p>\n<p>In the meantime, here are a few hacks to cut your transportation costs that don't involve buying a car or learning how to parallel park.</p>\n<p><b>Call a cab or car service</b></p>\n<p>Before there was ride-sharing, there were cabs. New Yorkers used to scan the streets for them, raising an arm to flag <a href=\"https://laohu8.com/S/AONE.U\">one</a> down. And that technique still works -- if you can find a taxi.</p>\n<p>In New York, thousands of the city's famous yellow cabs remain idled, partly because of the pandemic and partly because of a collapse in the value of city-issued medallions which used to sell for over $1 million before the rise of ride hailing.A similar story has played out in Chicago where there are now one-thirdas many cabs in operation as there were in February 2020 -- the month before the pandemic began shutting down parts of the U.S.</p>\n<p>Thankfully, there are apps that can help hail a cab. Arro and Curb are two apps that can help customers locate taxis in a number of cities. They're similar to Uber and Lyft, but for traditional cabs. Because pricing is metered, there is no surge pricing.</p>\n<p>Curb operates in cities including Chicago, Austin, Las Vegas, Los Angeles, New York and San Francisco. It boasts access to more than 50,000 cabs and 100,000 drivers across the U.S. Arro is available in New York, Boston, Miami, Houston and Chicago.</p>\n<p>Another option is to use a car service. While you can request limos and luxury vehicles, many offer more everyday options including minivans and sedans. Cars come with drivers and can be booked via apps, phone and online.</p>\n<p>Carmel is a car service that's been operating in the New York City area for more than 30 years and can now be booked via app. In Chicago, Blacklane and Chicago Private Car offer online booking.</p>\n<p><b>Look for other ride-sharing services</b></p>\n<p>Uber and Lyft may be the best known names in the ride-sharing business, but there are some U.S. cities where you have more options to catch a ride.</p>\n<p>In Hawaii, Holoholo is a new ride-sharing service that eschews surge pricing, an unwelcome experience founder Cecil Morton has had as a ride-sharing customer. Morton has run an airport shuttle business for more than 20 years and describes Holoholo as a \"natural progression\" given the rising popularity of ride-sharing.</p>\n<p>In the continental U.S., Wingz is a San Francisco-based ride-sharing service that started with airport rides. It now offers in-town rides and errand services as well as rides to and from the airport in cities including Austin, Dallas, San Francisco, Los Angeles, Miami, Orlando and Phoenix.</p>\n<p><b>Hop on a bike or scooter</b></p>\n<p>Several cities now have bike and scooter rental services, providing yet another affordable way for people to get around cities including New York, Chicago, Austin, and more.</p>\n<p>Divvy has more than 6,000 bikes and 600 stations in Chicago where single rides are priced at $3.40 a trip and day passes are $15. In the New York City area, Citi Bike has more than 20,000 bikes and more than 1,300 stations. Single rides cost $3.50 a trip while day passes are $15.</p>\n<p>Lime has scooters available in cities across the U.S. including Chicago, San Francisco, Austin and Charlotte. Lime charges a fixed rate to unlock a scooter than a location-based per-minute rate to ride the scooter. Rates are displayed ahead of a ride.</p>\n<p>Lyft has scooters and bike rentals in cities including Minneapolis, Denver, Washington, D.C. and San Diego.</p>\n<p><b>Take public transit</b></p>\n<p>There are a few pockets of the U.S. where public transit really can take you almost anywhere you want to go, and for a fraction of what you might pay for a ride-share or a cab.</p>\n<p>The New York City subway system has resumed 24-hour operations. Each ride costs $2.75, or you can whittle that down by ordering a weekly or monthly pass if you plan to make regular round trips. The subway runs between <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> and JFK International Airport, though there is an additional $7.75 fee for airport service. City buses also provide connections to LaGuardia International Airport.</p>\n<p>In Washington, D.C., the Metro provides access to popular tourist destinations including the National Mall, the White House and several Smithsonian museums. Ride prices are based on distance and time of day, but the most expensive fares in the system are $7.50 for express airport service. D.C.'s Metro runs to Ronald Reagan International Airport. Bus connections are available to Dulles International Airport.</p>\n<p>San Francisco has BART, the Bay Area Rapid Transit system of trains and busses. Even Los Angeles, Atlanta, Minneapolis, Seattle, Salt Lake City and Houston have some type of rail or light rail service.</p>\n<p>Chicago has the L, the city's mostly elevated local train system. For the bargain price of just $5, the L will take you from O'Hare International Airport to the Magnificent Mile where shops, restaurants and architectural icons await.</p>\n<p>That price is a fraction of what you could expect to spend on an Uber or a Lyft between downtown Chicago and the airport -- even back when drivers were plentiful and rides were cheap.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Uber and Lyft prices are going up -- and how you can get around for less</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Uber and Lyft prices are going up -- and how you can get around for less\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-21 15:37</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n It could be months until there are enough drivers to significantly lower prices.\n</blockquote>\n<p>Ride-shares have gotten expensive enough in Chicago that Matt Shachat has decided it's time to finally get a driver's license.</p>\n<p>A Bay Area native who has also lived in Boston, Shachat didn't need to drive himself anywhere before. Even when he moved to Chicago, Uber rides to and from his office were within his budget at around $23 each way.</p>\n<p>Nowadays, he's paying closer to $32 a ride, an amount that works out to nearly $1,300 a month -- enough to cover a car payment, insurance and parking. One 45-minute journey in recent weeks cost him $94, but it's longer wait times that bother Shachat more than bigger bills. \"This morning I was late to work even though I budgeted an extra 15 minutes,\" he said, describing a transaction that required a 20-minute wait.</p>\n<p>Shachat's is a situation that's playing out in cities across the U.S. as demand for rides has come roaring back faster than drivers and discount pool rides.</p>\n<p>In Chicago, ride-sharing companies had a combined 48,000 drivers in April. That's less than half the number of drivers that they had pre-pandemic, according to data collected by the city of Chicago. The city is also down <a href=\"https://laohu8.com/S/AONE\">one</a> ride-sharing company, Via, which suspended public services during the pandemic.</p>\n<p>Meanwhile, ride-share fares have been rising in Chicago, climbing to over an average of $22 in April from less than $16in December, according to the city's data. That's still cheaper than a taxi, although the savings are narrowing.</p>\n<p>Beyond free rides to vaccination appointments and discounts for new users, there is little relief in sight for ride-sharing customers until more drivers says is already happening. More than 33,000 additional drivers came online the week of May 17 alone, an Uber spokeswoman said, noting a decline in surge pricing in Los Angeles and New York.</p>\n<p>Lyft said it too is seeing pressures ease and customer wait times decrease. At a J.P. Morgan <a href=\"https://laohu8.com/S/JPM\">$(JPM)$</a> conference last month, Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> co-founder John Zimmer said he expects driver supply and rider demand to become more balanced in the next few months.</p>\n<p>In the meantime, here are a few hacks to cut your transportation costs that don't involve buying a car or learning how to parallel park.</p>\n<p><b>Call a cab or car service</b></p>\n<p>Before there was ride-sharing, there were cabs. New Yorkers used to scan the streets for them, raising an arm to flag <a href=\"https://laohu8.com/S/AONE.U\">one</a> down. And that technique still works -- if you can find a taxi.</p>\n<p>In New York, thousands of the city's famous yellow cabs remain idled, partly because of the pandemic and partly because of a collapse in the value of city-issued medallions which used to sell for over $1 million before the rise of ride hailing.A similar story has played out in Chicago where there are now one-thirdas many cabs in operation as there were in February 2020 -- the month before the pandemic began shutting down parts of the U.S.</p>\n<p>Thankfully, there are apps that can help hail a cab. Arro and Curb are two apps that can help customers locate taxis in a number of cities. They're similar to Uber and Lyft, but for traditional cabs. Because pricing is metered, there is no surge pricing.</p>\n<p>Curb operates in cities including Chicago, Austin, Las Vegas, Los Angeles, New York and San Francisco. It boasts access to more than 50,000 cabs and 100,000 drivers across the U.S. Arro is available in New York, Boston, Miami, Houston and Chicago.</p>\n<p>Another option is to use a car service. While you can request limos and luxury vehicles, many offer more everyday options including minivans and sedans. Cars come with drivers and can be booked via apps, phone and online.</p>\n<p>Carmel is a car service that's been operating in the New York City area for more than 30 years and can now be booked via app. In Chicago, Blacklane and Chicago Private Car offer online booking.</p>\n<p><b>Look for other ride-sharing services</b></p>\n<p>Uber and Lyft may be the best known names in the ride-sharing business, but there are some U.S. cities where you have more options to catch a ride.</p>\n<p>In Hawaii, Holoholo is a new ride-sharing service that eschews surge pricing, an unwelcome experience founder Cecil Morton has had as a ride-sharing customer. Morton has run an airport shuttle business for more than 20 years and describes Holoholo as a \"natural progression\" given the rising popularity of ride-sharing.</p>\n<p>In the continental U.S., Wingz is a San Francisco-based ride-sharing service that started with airport rides. It now offers in-town rides and errand services as well as rides to and from the airport in cities including Austin, Dallas, San Francisco, Los Angeles, Miami, Orlando and Phoenix.</p>\n<p><b>Hop on a bike or scooter</b></p>\n<p>Several cities now have bike and scooter rental services, providing yet another affordable way for people to get around cities including New York, Chicago, Austin, and more.</p>\n<p>Divvy has more than 6,000 bikes and 600 stations in Chicago where single rides are priced at $3.40 a trip and day passes are $15. In the New York City area, Citi Bike has more than 20,000 bikes and more than 1,300 stations. Single rides cost $3.50 a trip while day passes are $15.</p>\n<p>Lime has scooters available in cities across the U.S. including Chicago, San Francisco, Austin and Charlotte. Lime charges a fixed rate to unlock a scooter than a location-based per-minute rate to ride the scooter. Rates are displayed ahead of a ride.</p>\n<p>Lyft has scooters and bike rentals in cities including Minneapolis, Denver, Washington, D.C. and San Diego.</p>\n<p><b>Take public transit</b></p>\n<p>There are a few pockets of the U.S. where public transit really can take you almost anywhere you want to go, and for a fraction of what you might pay for a ride-share or a cab.</p>\n<p>The New York City subway system has resumed 24-hour operations. Each ride costs $2.75, or you can whittle that down by ordering a weekly or monthly pass if you plan to make regular round trips. The subway runs between <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> and JFK International Airport, though there is an additional $7.75 fee for airport service. City buses also provide connections to LaGuardia International Airport.</p>\n<p>In Washington, D.C., the Metro provides access to popular tourist destinations including the National Mall, the White House and several Smithsonian museums. Ride prices are based on distance and time of day, but the most expensive fares in the system are $7.50 for express airport service. D.C.'s Metro runs to Ronald Reagan International Airport. Bus connections are available to Dulles International Airport.</p>\n<p>San Francisco has BART, the Bay Area Rapid Transit system of trains and busses. Even Los Angeles, Atlanta, Minneapolis, Seattle, Salt Lake City and Houston have some type of rail or light rail service.</p>\n<p>Chicago has the L, the city's mostly elevated local train system. For the bargain price of just $5, the L will take you from O'Hare International Airport to the Magnificent Mile where shops, restaurants and architectural icons await.</p>\n<p>That price is a fraction of what you could expect to spend on an Uber or a Lyft between downtown Chicago and the airport -- even back when drivers were plentiful and rides were cheap.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc.","UBER":"优步"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144706863","content_text":"It could be months until there are enough drivers to significantly lower prices.\n\nRide-shares have gotten expensive enough in Chicago that Matt Shachat has decided it's time to finally get a driver's license.\nA Bay Area native who has also lived in Boston, Shachat didn't need to drive himself anywhere before. Even when he moved to Chicago, Uber rides to and from his office were within his budget at around $23 each way.\nNowadays, he's paying closer to $32 a ride, an amount that works out to nearly $1,300 a month -- enough to cover a car payment, insurance and parking. One 45-minute journey in recent weeks cost him $94, but it's longer wait times that bother Shachat more than bigger bills. \"This morning I was late to work even though I budgeted an extra 15 minutes,\" he said, describing a transaction that required a 20-minute wait.\nShachat's is a situation that's playing out in cities across the U.S. as demand for rides has come roaring back faster than drivers and discount pool rides.\nIn Chicago, ride-sharing companies had a combined 48,000 drivers in April. That's less than half the number of drivers that they had pre-pandemic, according to data collected by the city of Chicago. The city is also down one ride-sharing company, Via, which suspended public services during the pandemic.\nMeanwhile, ride-share fares have been rising in Chicago, climbing to over an average of $22 in April from less than $16in December, according to the city's data. That's still cheaper than a taxi, although the savings are narrowing.\nBeyond free rides to vaccination appointments and discounts for new users, there is little relief in sight for ride-sharing customers until more drivers says is already happening. More than 33,000 additional drivers came online the week of May 17 alone, an Uber spokeswoman said, noting a decline in surge pricing in Los Angeles and New York.\nLyft said it too is seeing pressures ease and customer wait times decrease. At a J.P. Morgan $(JPM)$ conference last month, Lyft $(LYFT)$ co-founder John Zimmer said he expects driver supply and rider demand to become more balanced in the next few months.\nIn the meantime, here are a few hacks to cut your transportation costs that don't involve buying a car or learning how to parallel park.\nCall a cab or car service\nBefore there was ride-sharing, there were cabs. New Yorkers used to scan the streets for them, raising an arm to flag one down. And that technique still works -- if you can find a taxi.\nIn New York, thousands of the city's famous yellow cabs remain idled, partly because of the pandemic and partly because of a collapse in the value of city-issued medallions which used to sell for over $1 million before the rise of ride hailing.A similar story has played out in Chicago where there are now one-thirdas many cabs in operation as there were in February 2020 -- the month before the pandemic began shutting down parts of the U.S.\nThankfully, there are apps that can help hail a cab. Arro and Curb are two apps that can help customers locate taxis in a number of cities. They're similar to Uber and Lyft, but for traditional cabs. Because pricing is metered, there is no surge pricing.\nCurb operates in cities including Chicago, Austin, Las Vegas, Los Angeles, New York and San Francisco. It boasts access to more than 50,000 cabs and 100,000 drivers across the U.S. Arro is available in New York, Boston, Miami, Houston and Chicago.\nAnother option is to use a car service. While you can request limos and luxury vehicles, many offer more everyday options including minivans and sedans. Cars come with drivers and can be booked via apps, phone and online.\nCarmel is a car service that's been operating in the New York City area for more than 30 years and can now be booked via app. In Chicago, Blacklane and Chicago Private Car offer online booking.\nLook for other ride-sharing services\nUber and Lyft may be the best known names in the ride-sharing business, but there are some U.S. cities where you have more options to catch a ride.\nIn Hawaii, Holoholo is a new ride-sharing service that eschews surge pricing, an unwelcome experience founder Cecil Morton has had as a ride-sharing customer. Morton has run an airport shuttle business for more than 20 years and describes Holoholo as a \"natural progression\" given the rising popularity of ride-sharing.\nIn the continental U.S., Wingz is a San Francisco-based ride-sharing service that started with airport rides. It now offers in-town rides and errand services as well as rides to and from the airport in cities including Austin, Dallas, San Francisco, Los Angeles, Miami, Orlando and Phoenix.\nHop on a bike or scooter\nSeveral cities now have bike and scooter rental services, providing yet another affordable way for people to get around cities including New York, Chicago, Austin, and more.\nDivvy has more than 6,000 bikes and 600 stations in Chicago where single rides are priced at $3.40 a trip and day passes are $15. In the New York City area, Citi Bike has more than 20,000 bikes and more than 1,300 stations. Single rides cost $3.50 a trip while day passes are $15.\nLime has scooters available in cities across the U.S. including Chicago, San Francisco, Austin and Charlotte. Lime charges a fixed rate to unlock a scooter than a location-based per-minute rate to ride the scooter. Rates are displayed ahead of a ride.\nLyft has scooters and bike rentals in cities including Minneapolis, Denver, Washington, D.C. and San Diego.\nTake public transit\nThere are a few pockets of the U.S. where public transit really can take you almost anywhere you want to go, and for a fraction of what you might pay for a ride-share or a cab.\nThe New York City subway system has resumed 24-hour operations. Each ride costs $2.75, or you can whittle that down by ordering a weekly or monthly pass if you plan to make regular round trips. The subway runs between Manhattan and JFK International Airport, though there is an additional $7.75 fee for airport service. City buses also provide connections to LaGuardia International Airport.\nIn Washington, D.C., the Metro provides access to popular tourist destinations including the National Mall, the White House and several Smithsonian museums. Ride prices are based on distance and time of day, but the most expensive fares in the system are $7.50 for express airport service. D.C.'s Metro runs to Ronald Reagan International Airport. Bus connections are available to Dulles International Airport.\nSan Francisco has BART, the Bay Area Rapid Transit system of trains and busses. Even Los Angeles, Atlanta, Minneapolis, Seattle, Salt Lake City and Houston have some type of rail or light rail service.\nChicago has the L, the city's mostly elevated local train system. For the bargain price of just $5, the L will take you from O'Hare International Airport to the Magnificent Mile where shops, restaurants and architectural icons await.\nThat price is a fraction of what you could expect to spend on an Uber or a Lyft between downtown Chicago and the airport -- even back when drivers were plentiful and rides were cheap.","news_type":1},"isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}