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- btzm1991btzm1991
  ·2022-05-17
  Drop 80% up 3%
  Shopee-Owner Sea Tops Revenue Estimates on E-Commerce Strength
  Singapore-based Sea Ltd beat first-quarter revenue estimates on Tuesday, driven by improvements in i
  Shopee-Owner Sea Tops Revenue Estimates on E-Commerce Strength
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- btzm1991btzm1991
  ·2021-08-27
  Regulatory risk. Don't go all in
  Sorry, this post has been deleted
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- btzm1991btzm1991
  ·2021-08-04
  Niceee
  Sorry, this post has been deleted
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- btzm1991btzm1991
  ·2021-08-03
  Price will drop abit haih
  Marvell Technology to buy Innovium in a stock deal valued at $1.1 bln
  MW Marvell Technology to buy Innovium in a stock deal valued at $1.1 bln $(END)$ Dow Jones New
  Marvell Technology to buy Innovium in a stock deal valued at $1.1 bln
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- btzm1991btzm1991
  ·2021-07-04
  $Marvell Technology(MRVL)$$60 soon
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- btzm1991btzm1991
  ·2021-06-26
  $Tiger Brokers(TIGR)$all time high for Tiger Anniversary!!
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- btzm1991btzm1991
  ·2021-06-24
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  Tesla lifts Nasdaq to record-high close, S&P 500 dips
  June 23 - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.Gains in Nvidia Corp and $Facebook$ Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.Data firm IHS $Markit$ said its flash U.S. manufacturi
  Tesla lifts Nasdaq to record-high close, S&P 500 dips
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- btzm1991btzm1991
  ·2021-06-22
  $Tiger Brokers(TIGR)$discount!
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- btzm1991btzm1991
  ·2021-06-15
  Discount now
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- btzm1991btzm1991
  ·2021-06-13
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  What is inflation? Hint: It's not the 12% increase in rental-car prices last month
  'If you're someone who's going to the grocery store on a regular basis or even to the gas pump, and
  What is inflation? Hint: It's not the 12% increase in rental-car prices last month
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80% up 3%","listText":"Drop 80% up 3%","text":"Drop 80% up 3%","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9029234195","repostId":"2236212404","repostType":2,"repost":{"id":"2236212404","kind":"highlight","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":1652783482,"share":"https://ttm.financial/m/news/2236212404?lang=&edition=fundamental","pubTime":"2022-05-17 18:31","market":"hk","language":"en","title":"Shopee-Owner Sea Tops Revenue Estimates on E-Commerce Strength","url":"https://stock-news.laohu8.com/highlight/detail?id=2236212404","media":"Tiger Newspress","summary":"Singapore-based Sea Ltd beat first-quarter revenue estimates on Tuesday, driven by improvements in i","content":"<html><head></head><body><p>Singapore-based Sea Ltd beat first-quarter revenue estimates on Tuesday, driven by improvements in its core e-commerce business in South East Asia and Latin America, sending its shares up 2.5%.</p><p><img src=\"https://static.tigerbbs.com/889c3f4f611aeb9c2b7d2c03e8314c5f\" tg-width=\"876\" tg-height=\"621\" referrerpolicy=\"no-referrer\"/></p><p>The New York-listed company said total revenue in the first quarter of 2022 rose 64.4% to $2.9 billion, above analysts&#39; estimate of $2.76 billion, according to Refinitiv IBES data.</p><p>Sea, which saw a meteoric rise in business in 2020 and into 2021, has been realigning its business in the international markets following slowing sales and regulatory challenges.</p><p>The company widened its full-year 2022 e-commerce revenue outlook range to between $8.5 billion and $9.1 billion, compared with $8.9 billion to $9.1 billion forecast earlier.</p><p><b>First Quarter 2022 Highlights</b></p><p>▪ <b>Group</b></p><p>o Total GAAP revenue was US$2.9 billion, up 64.4% year-on-year.</p><p>o Total gross profit was US$1.2 billion, up 81.3% year-on-year.</p><p>o Total net loss was US$(580.1) million compared to US$(422.1) million for the first quarter of 2021. Total net loss excluding share-based compensation was US$(445.1) million compared to US$(320.0) million for the first quarter of 2021.</p><p>o Total adjusted EBITDA1 was US$(509.9) million compared to US$88.1 million for the first quarter of 2021.</p><p>▪ <b>E-commerce </b></p><p>o GAAP revenue was US$1.5 billion, up 64.4% year-on-year.</p><p>o GAAP revenue included US$1.3 billion of GAAP marketplace revenue2 , up 75.3% year-on-year, and US$0.3 billion of GAAP product revenue2 , up 26.8% year-onyear. GAAP revenue and GAAP marketplace revenue as % of total gross merchandise value (“GMV”) increased from 7.3% and 5.7% a year ago to 8.7% and 7.2%, respectively.</p><p>o Gross orders totaled 1.9 billion, an increase of 71.3% year-on-year.</p><p>o GMV was US$17.4 billion, an increase of 38.7% year-on-year.</p><p>o Gross profit margin for e-commerce improved year-on-year as the company have seen faster growth of transaction-based fees and advertising income, which have higher profit margin compared to revenue generated from other value-added services. At the same time, gross profit margin of revenue generated from other value-added services also improved quarter-on-quarter.</p><p>o Adjusted EBITDA1 loss per order before headquarters’ common expenses (“HQ costs”) improved year-on-year and quarter-on-quarter for Shopee overall. Shopee is on track to achieve positive adjusted EBITDA before allocation of HQ costs in Southeast Asia and Taiwan by this year as Sea shared previously. In Southeast Asia and Taiwan, such loss was 4 cents in the first quarter of 2022, a more than 70% improvement from 12 cents for the same period in 2021.</p><p>o In Brazil, such loss also improved by more than 45% year-on-year to US$1.52 in the first quarter of 202the2.</p><p>o After HQ costs allocation, the company currently expect Shopee to achieve positive adjusted EBITDA in Southeast Asia and Taiwan by the end of next year.</p><p>o Adjusted EBITDA for Shopee overall was US$(742.8) million compared to US$(412.9) million for the first quarter of 2021. Adjusted EBITDA loss per order was US$0.40 in the first quarter of 2022, compared to US$0.38 for the same period in 2021, which was mainly attributable to HQ costs increase.</p><p>▪ HQ costs increased by US$162.1 million year-on-year, which accounted for close to 50% of the total year-on-year increase in adjusted EBITDA loss. HQ costs consisted mainly of staff cost, general and administrative expenses such as building facilities and server hosting expenses.</p><p>▪ The increase in HQ costs was mostly attributable to staff cost increase, which grew by US$113.3 million. This was mainly because of headcount increase, and in particular, research and development staff increase, which cost grew by US$86.0 million, as Sea invested in our technological capabilities and expanded our service offerings.</p><p>o In Southeast Asia and in Taiwan respectively, Shopee continued to rank first in the Shopping category by average monthly active users and total time spent in app for the first quarter of 2022, according to data.ai3.</p><p>o In Indonesia, where Shopee is the largest e-commerce platform, gross orders grew by around 77% year-on-year. Shopee also continued to rank first in the Shopping category by average monthly active users and total time spent in app for the first quarter of 2022, according to data.ai3.</p><p>o Shopee Brazil continued to rank first in the Shopping category by downloads and total time spent in app and second by average monthly active users for the first quarter of 2022, according to data.ai3. Shopee Brazil also ranked first in the Shopping category by monthly active users in March and April 2022, according to data.ai3.</p><p>o Globally, Shopee was the top ranked app in the Shopping category by downloads in the first quarter of 2022, according to data.ai3. In the same category, for Google Play, Shopee also ranked first globally by total time spent in app and second by average monthly active users in the first quarter of 2022, according to data.ai3.</p><p>▪ <b>Digital Entertainment </b></p><p>o GAAP revenue was US$1.1 billion, up 45.3% year-on-year.</p><p>o Bookings4 were US$0.8 billion, compared to US$ 1.1 billion for the first quarter of 2021. This represents compounded annual growth of 27% from the first quarter of 2020.</p><p>o Adjusted EBITDA1 was US$431.4 million, compared to US$717.3 million for the first quarter of 2021.</p><p>o Adjusted EBITDA represented 52.2% of bookings for the first quarter of 2022, compared to 64.4% for the first quarter of 2021.</p><p>o Quarterly active users were 615.9 million, compared to 648.8 million for the first quarter of 2021. This represents compounded annual growth of almost 24% from the first quarter of 2020.</p><p>o Quarterly paying users were 61.4 million, representing paying user ratio of 10.0% for the first quarter compared to 12.3% for the same period in 2021. Meanwhile, this represents increase from paying user ratio of 8.9% in the first quarter of 2020.</p><p>o Average bookings per user were US$1.3, compared to US$1.7 for the first quarter of 2021.</p><p>o Our self-developed global hit game, Free Fire, continued to maintain top global rankings in user and grossing metrics. It remained the most downloaded mobile game globally in the first quarter of 2022, according to data.ai3. In the same category, for Google Play, Free Fire also ranked third globally by average monthly active users in the first quarter of 2022, according to data.ai3.</p><p>o Free Fire continued to be the highest grossing mobile game in Southeast Asia and Latin America for the first quarter of 2022, according to data.ai3. Free Fire has maintained this leading position for the past 11 consecutive quarters in Southeast Asia and in Latin America.</p><p>o In the United States, Free Fire was the highest grossing mobile battle royale game for 5 consecutive quarters for the first quarter of 2022, according to data.ai3.</p><p>▪<b> Digital Financial Services </b></p><p>o GAAP revenue was US$236.0 million, up 359.9% year-on-year.</p><p>o Adjusted EBITDA1 was US$(124.9) million, compared to US$(153.1) million for the first quarter of 2021.</p><p>o Quarterly active users5 across our SeaMoney products and services reached 49.0 million, up 78.2% year-on-year.</p><p>o In Indonesia, which has the most comprehensive set of products and services among our markets, over 30% of the quarterly active users have used multiple SeaMoney products or services in the first quarter of 2022.</p><p>o Total payment volume for the mobile wallet was US$5.1 billion, up 48.5% yearon-year.</p><p>o In April, application for digital bank license by a consortium led by Sea and YTL Digital Capital Sdn Bhd. was approved by the Minister of Finance Malaysia.</p><p><b>Full Year 2022 Guidance Update </b></p><p>Given the elevated macro uncertainties, Sea now see a wider dispersion of potential scenarios for Shopee for the full year of 2022 and hence are revising itse-commerce guidance to correspondingly reflect this view. The company now expect GAAP revenue for e-commerce to be between US$8.5 billion and US$9.1 billion, representing 71.8% growth from 2021 at the midpoint of the broader guidance, compared to the previous guidance of between US$8.9 billion and US$9.1 billion.</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>Shopee-Owner Sea Tops Revenue Estimates on E-Commerce Strength</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\">\nShopee-Owner Sea Tops Revenue Estimates on E-Commerce Strength\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\">2022-05-17 18:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Singapore-based Sea Ltd beat first-quarter revenue estimates on Tuesday, driven by improvements in its core e-commerce business in South East Asia and Latin America, sending its shares up 2.5%.</p><p><img src=\"https://static.tigerbbs.com/889c3f4f611aeb9c2b7d2c03e8314c5f\" tg-width=\"876\" tg-height=\"621\" referrerpolicy=\"no-referrer\"/></p><p>The New York-listed company said total revenue in the first quarter of 2022 rose 64.4% to $2.9 billion, above analysts&#39; estimate of $2.76 billion, according to Refinitiv IBES data.</p><p>Sea, which saw a meteoric rise in business in 2020 and into 2021, has been realigning its business in the international markets following slowing sales and regulatory challenges.</p><p>The company widened its full-year 2022 e-commerce revenue outlook range to between $8.5 billion and $9.1 billion, compared with $8.9 billion to $9.1 billion forecast earlier.</p><p><b>First Quarter 2022 Highlights</b></p><p>▪ <b>Group</b></p><p>o Total GAAP revenue was US$2.9 billion, up 64.4% year-on-year.</p><p>o Total gross profit was US$1.2 billion, up 81.3% year-on-year.</p><p>o Total net loss was US$(580.1) million compared to US$(422.1) million for the first quarter of 2021. Total net loss excluding share-based compensation was US$(445.1) million compared to US$(320.0) million for the first quarter of 2021.</p><p>o Total adjusted EBITDA1 was US$(509.9) million compared to US$88.1 million for the first quarter of 2021.</p><p>▪ <b>E-commerce </b></p><p>o GAAP revenue was US$1.5 billion, up 64.4% year-on-year.</p><p>o GAAP revenue included US$1.3 billion of GAAP marketplace revenue2 , up 75.3% year-on-year, and US$0.3 billion of GAAP product revenue2 , up 26.8% year-onyear. GAAP revenue and GAAP marketplace revenue as % of total gross merchandise value (“GMV”) increased from 7.3% and 5.7% a year ago to 8.7% and 7.2%, respectively.</p><p>o Gross orders totaled 1.9 billion, an increase of 71.3% year-on-year.</p><p>o GMV was US$17.4 billion, an increase of 38.7% year-on-year.</p><p>o Gross profit margin for e-commerce improved year-on-year as the company have seen faster growth of transaction-based fees and advertising income, which have higher profit margin compared to revenue generated from other value-added services. At the same time, gross profit margin of revenue generated from other value-added services also improved quarter-on-quarter.</p><p>o Adjusted EBITDA1 loss per order before headquarters’ common expenses (“HQ costs”) improved year-on-year and quarter-on-quarter for Shopee overall. Shopee is on track to achieve positive adjusted EBITDA before allocation of HQ costs in Southeast Asia and Taiwan by this year as Sea shared previously. In Southeast Asia and Taiwan, such loss was 4 cents in the first quarter of 2022, a more than 70% improvement from 12 cents for the same period in 2021.</p><p>o In Brazil, such loss also improved by more than 45% year-on-year to US$1.52 in the first quarter of 202the2.</p><p>o After HQ costs allocation, the company currently expect Shopee to achieve positive adjusted EBITDA in Southeast Asia and Taiwan by the end of next year.</p><p>o Adjusted EBITDA for Shopee overall was US$(742.8) million compared to US$(412.9) million for the first quarter of 2021. Adjusted EBITDA loss per order was US$0.40 in the first quarter of 2022, compared to US$0.38 for the same period in 2021, which was mainly attributable to HQ costs increase.</p><p>▪ HQ costs increased by US$162.1 million year-on-year, which accounted for close to 50% of the total year-on-year increase in adjusted EBITDA loss. HQ costs consisted mainly of staff cost, general and administrative expenses such as building facilities and server hosting expenses.</p><p>▪ The increase in HQ costs was mostly attributable to staff cost increase, which grew by US$113.3 million. This was mainly because of headcount increase, and in particular, research and development staff increase, which cost grew by US$86.0 million, as Sea invested in our technological capabilities and expanded our service offerings.</p><p>o In Southeast Asia and in Taiwan respectively, Shopee continued to rank first in the Shopping category by average monthly active users and total time spent in app for the first quarter of 2022, according to data.ai3.</p><p>o In Indonesia, where Shopee is the largest e-commerce platform, gross orders grew by around 77% year-on-year. Shopee also continued to rank first in the Shopping category by average monthly active users and total time spent in app for the first quarter of 2022, according to data.ai3.</p><p>o Shopee Brazil continued to rank first in the Shopping category by downloads and total time spent in app and second by average monthly active users for the first quarter of 2022, according to data.ai3. Shopee Brazil also ranked first in the Shopping category by monthly active users in March and April 2022, according to data.ai3.</p><p>o Globally, Shopee was the top ranked app in the Shopping category by downloads in the first quarter of 2022, according to data.ai3. In the same category, for Google Play, Shopee also ranked first globally by total time spent in app and second by average monthly active users in the first quarter of 2022, according to data.ai3.</p><p>▪ <b>Digital Entertainment </b></p><p>o GAAP revenue was US$1.1 billion, up 45.3% year-on-year.</p><p>o Bookings4 were US$0.8 billion, compared to US$ 1.1 billion for the first quarter of 2021. This represents compounded annual growth of 27% from the first quarter of 2020.</p><p>o Adjusted EBITDA1 was US$431.4 million, compared to US$717.3 million for the first quarter of 2021.</p><p>o Adjusted EBITDA represented 52.2% of bookings for the first quarter of 2022, compared to 64.4% for the first quarter of 2021.</p><p>o Quarterly active users were 615.9 million, compared to 648.8 million for the first quarter of 2021. This represents compounded annual growth of almost 24% from the first quarter of 2020.</p><p>o Quarterly paying users were 61.4 million, representing paying user ratio of 10.0% for the first quarter compared to 12.3% for the same period in 2021. Meanwhile, this represents increase from paying user ratio of 8.9% in the first quarter of 2020.</p><p>o Average bookings per user were US$1.3, compared to US$1.7 for the first quarter of 2021.</p><p>o Our self-developed global hit game, Free Fire, continued to maintain top global rankings in user and grossing metrics. It remained the most downloaded mobile game globally in the first quarter of 2022, according to data.ai3. In the same category, for Google Play, Free Fire also ranked third globally by average monthly active users in the first quarter of 2022, according to data.ai3.</p><p>o Free Fire continued to be the highest grossing mobile game in Southeast Asia and Latin America for the first quarter of 2022, according to data.ai3. Free Fire has maintained this leading position for the past 11 consecutive quarters in Southeast Asia and in Latin America.</p><p>o In the United States, Free Fire was the highest grossing mobile battle royale game for 5 consecutive quarters for the first quarter of 2022, according to data.ai3.</p><p>▪<b> Digital Financial Services </b></p><p>o GAAP revenue was US$236.0 million, up 359.9% year-on-year.</p><p>o Adjusted EBITDA1 was US$(124.9) million, compared to US$(153.1) million for the first quarter of 2021.</p><p>o Quarterly active users5 across our SeaMoney products and services reached 49.0 million, up 78.2% year-on-year.</p><p>o In Indonesia, which has the most comprehensive set of products and services among our markets, over 30% of the quarterly active users have used multiple SeaMoney products or services in the first quarter of 2022.</p><p>o Total payment volume for the mobile wallet was US$5.1 billion, up 48.5% yearon-year.</p><p>o In April, application for digital bank license by a consortium led by Sea and YTL Digital Capital Sdn Bhd. was approved by the Minister of Finance Malaysia.</p><p><b>Full Year 2022 Guidance Update </b></p><p>Given the elevated macro uncertainties, Sea now see a wider dispersion of potential scenarios for Shopee for the full year of 2022 and hence are revising itse-commerce guidance to correspondingly reflect this view. The company now expect GAAP revenue for e-commerce to be between US$8.5 billion and US$9.1 billion, representing 71.8% growth from 2021 at the midpoint of the broader guidance, compared to the previous guidance of between US$8.9 billion and US$9.1 billion.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236212404","content_text":"Singapore-based Sea Ltd beat first-quarter revenue estimates on Tuesday, driven by improvements in its core e-commerce business in South East Asia and Latin America, sending its shares up 2.5%.The New York-listed company said total revenue in the first quarter of 2022 rose 64.4% to $2.9 billion, above analysts' estimate of $2.76 billion, according to Refinitiv IBES data.Sea, which saw a meteoric rise in business in 2020 and into 2021, has been realigning its business in the international markets following slowing sales and regulatory challenges.The company widened its full-year 2022 e-commerce revenue outlook range to between $8.5 billion and $9.1 billion, compared with $8.9 billion to $9.1 billion forecast earlier.First Quarter 2022 Highlights▪ Groupo Total GAAP revenue was US$2.9 billion, up 64.4% year-on-year.o Total gross profit was US$1.2 billion, up 81.3% year-on-year.o Total net loss was US$(580.1) million compared to US$(422.1) million for the first quarter of 2021. Total net loss excluding share-based compensation was US$(445.1) million compared to US$(320.0) million for the first quarter of 2021.o Total adjusted EBITDA1 was US$(509.9) million compared to US$88.1 million for the first quarter of 2021.▪ E-commerce o GAAP revenue was US$1.5 billion, up 64.4% year-on-year.o GAAP revenue included US$1.3 billion of GAAP marketplace revenue2 , up 75.3% year-on-year, and US$0.3 billion of GAAP product revenue2 , up 26.8% year-onyear. GAAP revenue and GAAP marketplace revenue as % of total gross merchandise value (“GMV”) increased from 7.3% and 5.7% a year ago to 8.7% and 7.2%, respectively.o Gross orders totaled 1.9 billion, an increase of 71.3% year-on-year.o GMV was US$17.4 billion, an increase of 38.7% year-on-year.o Gross profit margin for e-commerce improved year-on-year as the company have seen faster growth of transaction-based fees and advertising income, which have higher profit margin compared to revenue generated from other value-added services. At the same time, gross profit margin of revenue generated from other value-added services also improved quarter-on-quarter.o Adjusted EBITDA1 loss per order before headquarters’ common expenses (“HQ costs”) improved year-on-year and quarter-on-quarter for Shopee overall. Shopee is on track to achieve positive adjusted EBITDA before allocation of HQ costs in Southeast Asia and Taiwan by this year as Sea shared previously. In Southeast Asia and Taiwan, such loss was 4 cents in the first quarter of 2022, a more than 70% improvement from 12 cents for the same period in 2021.o In Brazil, such loss also improved by more than 45% year-on-year to US$1.52 in the first quarter of 202the2.o After HQ costs allocation, the company currently expect Shopee to achieve positive adjusted EBITDA in Southeast Asia and Taiwan by the end of next year.o Adjusted EBITDA for Shopee overall was US$(742.8) million compared to US$(412.9) million for the first quarter of 2021. Adjusted EBITDA loss per order was US$0.40 in the first quarter of 2022, compared to US$0.38 for the same period in 2021, which was mainly attributable to HQ costs increase.▪ HQ costs increased by US$162.1 million year-on-year, which accounted for close to 50% of the total year-on-year increase in adjusted EBITDA loss. HQ costs consisted mainly of staff cost, general and administrative expenses such as building facilities and server hosting expenses.▪ The increase in HQ costs was mostly attributable to staff cost increase, which grew by US$113.3 million. This was mainly because of headcount increase, and in particular, research and development staff increase, which cost grew by US$86.0 million, as Sea invested in our technological capabilities and expanded our service offerings.o In Southeast Asia and in Taiwan respectively, Shopee continued to rank first in the Shopping category by average monthly active users and total time spent in app for the first quarter of 2022, according to data.ai3.o In Indonesia, where Shopee is the largest e-commerce platform, gross orders grew by around 77% year-on-year. Shopee also continued to rank first in the Shopping category by average monthly active users and total time spent in app for the first quarter of 2022, according to data.ai3.o Shopee Brazil continued to rank first in the Shopping category by downloads and total time spent in app and second by average monthly active users for the first quarter of 2022, according to data.ai3. Shopee Brazil also ranked first in the Shopping category by monthly active users in March and April 2022, according to data.ai3.o Globally, Shopee was the top ranked app in the Shopping category by downloads in the first quarter of 2022, according to data.ai3. In the same category, for Google Play, Shopee also ranked first globally by total time spent in app and second by average monthly active users in the first quarter of 2022, according to data.ai3.▪ Digital Entertainment o GAAP revenue was US$1.1 billion, up 45.3% year-on-year.o Bookings4 were US$0.8 billion, compared to US$ 1.1 billion for the first quarter of 2021. This represents compounded annual growth of 27% from the first quarter of 2020.o Adjusted EBITDA1 was US$431.4 million, compared to US$717.3 million for the first quarter of 2021.o Adjusted EBITDA represented 52.2% of bookings for the first quarter of 2022, compared to 64.4% for the first quarter of 2021.o Quarterly active users were 615.9 million, compared to 648.8 million for the first quarter of 2021. This represents compounded annual growth of almost 24% from the first quarter of 2020.o Quarterly paying users were 61.4 million, representing paying user ratio of 10.0% for the first quarter compared to 12.3% for the same period in 2021. Meanwhile, this represents increase from paying user ratio of 8.9% in the first quarter of 2020.o Average bookings per user were US$1.3, compared to US$1.7 for the first quarter of 2021.o Our self-developed global hit game, Free Fire, continued to maintain top global rankings in user and grossing metrics. It remained the most downloaded mobile game globally in the first quarter of 2022, according to data.ai3. In the same category, for Google Play, Free Fire also ranked third globally by average monthly active users in the first quarter of 2022, according to data.ai3.o Free Fire continued to be the highest grossing mobile game in Southeast Asia and Latin America for the first quarter of 2022, according to data.ai3. Free Fire has maintained this leading position for the past 11 consecutive quarters in Southeast Asia and in Latin America.o In the United States, Free Fire was the highest grossing mobile battle royale game for 5 consecutive quarters for the first quarter of 2022, according to data.ai3.▪ Digital Financial Services o GAAP revenue was US$236.0 million, up 359.9% year-on-year.o Adjusted EBITDA1 was US$(124.9) million, compared to US$(153.1) million for the first quarter of 2021.o Quarterly active users5 across our SeaMoney products and services reached 49.0 million, up 78.2% year-on-year.o In Indonesia, which has the most comprehensive set of products and services among our markets, over 30% of the quarterly active users have used multiple SeaMoney products or services in the first quarter of 2022.o Total payment volume for the mobile wallet was US$5.1 billion, up 48.5% yearon-year.o In April, application for digital bank license by a consortium led by Sea and YTL Digital Capital Sdn Bhd. was approved by the Minister of Finance Malaysia.Full Year 2022 Guidance Update Given the elevated macro uncertainties, Sea now see a wider dispersion of potential scenarios for Shopee for the full year of 2022 and hence are revising itse-commerce guidance to correspondingly reflect this view. The company now expect GAAP revenue for e-commerce to be between US$8.5 billion and US$9.1 billion, representing 71.8% growth from 2021 at the midpoint of the broader guidance, compared to the previous guidance of between US$8.9 billion and US$9.1 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819342640,"gmtCreate":1630038227380,"gmtModify":1676530207673,"author":{"id":"3576672486270158","authorId":"3576672486270158","name":"btzm1991","avatar":"https://static.tigerbbs.com/e069fa6dd8de7190f5729f91d4cdcab4","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576672486270158","authorIdStr":"3576672486270158"},"themes":[],"htmlText":"Regulatory risk. Don't go all in","listText":"Regulatory risk. Don't go all in","text":"Regulatory risk. Don't go all in","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/819342640","repostId":"1125740907","repostType":2,"isVote":1,"tweetType":1,"viewCount":970,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890358661,"gmtCreate":1628084649553,"gmtModify":1703500917966,"author":{"id":"3576672486270158","authorId":"3576672486270158","name":"btzm1991","avatar":"https://static.tigerbbs.com/e069fa6dd8de7190f5729f91d4cdcab4","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576672486270158","authorIdStr":"3576672486270158"},"themes":[],"htmlText":"Niceee","listText":"Niceee","text":"Niceee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/890358661","repostId":"1187165636","repostType":4,"isVote":1,"tweetType":1,"viewCount":543,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807903802,"gmtCreate":1627993712906,"gmtModify":1703499250610,"author":{"id":"3576672486270158","authorId":"3576672486270158","name":"btzm1991","avatar":"https://static.tigerbbs.com/e069fa6dd8de7190f5729f91d4cdcab4","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576672486270158","authorIdStr":"3576672486270158"},"themes":[],"htmlText":"Price will drop abit haih&nbsp;","listText":"Price will drop abit haih&nbsp;","text":"Price will drop abit haih","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807903802","repostId":"2156140075","repostType":2,"repost":{"id":"2156140075","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":1627988820,"share":"https://ttm.financial/m/news/2156140075?lang=&edition=fundamental","pubTime":"2021-08-03 19:07","market":"hk","language":"en","title":"Marvell Technology to buy Innovium in a stock deal valued at $1.1 bln","url":"https://stock-news.laohu8.com/highlight/detail?id=2156140075","media":"Dow Jones","summary":"MW Marvell Technology to buy Innovium in a stock deal valued at $1.1 bln\n\n\n \n\n\n$(END)$ Dow Jones New","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Marvell Technology to buy Innovium in a stock deal valued at $1.1 bln\n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  August 03, 2021 07:07 ET (11:07 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Marvell Technology to buy Innovium in a stock deal valued at $1.1 bln</title>\n<style 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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\">\nMarvell Technology to buy Innovium in a stock deal valued at $1.1 bln\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-03 19:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Marvell Technology to buy Innovium in a stock deal valued at $1.1 bln\n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  August 03, 2021 07:07 ET (11:07 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRVL":"迈威尔科技"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156140075","content_text":"MW Marvell Technology to buy Innovium in a stock deal valued at $1.1 bln\n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  August 03, 2021 07:07 ET (11:07 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":796,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155603616,"gmtCreate":1625407217935,"gmtModify":1703741387614,"author":{"id":"3576672486270158","authorId":"3576672486270158","name":"btzm1991","avatar":"https://static.tigerbbs.com/e069fa6dd8de7190f5729f91d4cdcab4","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576672486270158","authorIdStr":"3576672486270158"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MRVL\">$Marvell Technology(MRVL)$</a>$60 soon","listText":"<a href=\"https://laohu8.com/S/MRVL\">$Marvell Technology(MRVL)$</a>$60 soon","text":"$Marvell Technology(MRVL)$$60 soon","images":[{"img":"https://static.tigerbbs.com/f04432e6def7b374fbedb59e709d24d0","width":"1080","height":"3528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":1,"link":"https://ttm.financial/post/155603616","isVote":1,"tweetType":1,"viewCount":900,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":125721419,"gmtCreate":1624696128431,"gmtModify":1703843829341,"author":{"id":"3576672486270158","authorId":"3576672486270158","name":"btzm1991","avatar":"https://static.tigerbbs.com/e069fa6dd8de7190f5729f91d4cdcab4","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576672486270158","authorIdStr":"3576672486270158"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>all time high for Tiger Anniversary!!","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>all time high for Tiger Anniversary!!","text":"$Tiger Brokers(TIGR)$all time high for Tiger Anniversary!!","images":[{"img":"https://static.tigerbbs.com/b6658f3d90bfee50138105717c35b548","width":"1080","height":"3651"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/125721419","isVote":1,"tweetType":1,"viewCount":569,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":128170915,"gmtCreate":1624508258037,"gmtModify":1703838750715,"author":{"id":"3576672486270158","authorId":"3576672486270158","name":"btzm1991","avatar":"https://static.tigerbbs.com/e069fa6dd8de7190f5729f91d4cdcab4","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576672486270158","authorIdStr":"3576672486270158"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/128170915","repostId":"2145156570","repostType":4,"repost":{"id":"2145156570","kind":"highlight","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":1624489510,"share":"https://ttm.financial/m/news/2145156570?lang=&edition=fundamental","pubTime":"2021-06-24 07:05","market":"us","language":"en","title":"Tesla lifts Nasdaq to record-high close, S&P 500 dips","url":"https://stock-news.laohu8.com/highlight/detail?id=2145156570","media":"Reuters","summary":"June 23  - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.Gains in Nvidia Corp and $Facebook$ Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.Data firm IHS $Markit$ said its flash U.S. manufacturi","content":"<p>June 23 (Reuters) - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&amp;P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.</p>\n<p>Gains in Nvidia Corp and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.</p>\n<p>Data firm IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> said its flash U.S. manufacturing Purchasing Managers' Index rose to a reading of 62.6 this month, beating estimates of 61.5, but manufacturers are still struggling to secure raw materials and qualified workers, substantially raising prices.</p>\n<p>The \"high level of today's surveys will provide some confirmation for the Fed that the time to begin taking its foot off the accelerator is not far away,\" said Jai Malhi, global market strategist at J.P. Morgan Asset Management.</p>\n<p>On Tuesday, Fed Chair Jerome Powell reaffirmed the central bank's intent not to raise interest rates too quickly, based only on the fear of coming inflation.</p>\n<p>Powell's comments follow the Fed's projection a week ago of an increase in interest rates as soon as 2023, sooner than anticipated. Since then, growth stocks, including major tech names like Tesla and Nvidia, have mostly rallied and outperformed value stocks, like banks and materials companies.</p>\n<p>\"People are plowing money into what has worked. People are basically momentum-chasing and they're using the last three years of performance to figure out what to chase,\" said Mike Zigmont, head of trading and research at Harvest Volatility Management in New York.</p>\n<p>Eight of the 11 major S&amp;P sector indexes fell, with utilities down about 1% and leading the way lower, followed by a 0.6% dip in materials .</p>\n<p>Tesla jumped 5.3% after the electric vehicle maker said it had opened a solar-powered charging station with on-site power storage in the Tibetan capital Lhasa, its first such facility in China. That trimmed the stock's loss in 2021 to about 7%.</p>\n<p>Extending investors' recent preference for growth stocks, the S&amp;P 500 growth index edged up 0.01%, while the value index dipped 0.24%.</p>\n<p>The Dow Jones Industrial Average fell 0.21% to end at 33,874.24 points, while the S&amp;P 500 lost 0.11% to 4,241.84.</p>\n<p>The Nasdaq Composite climbed 0.13% to 14,271.73.</p>\n<p>The S&amp;P 500 has gained about 13% in 2021, while the Nasdaq and Dow are up about 11%.</p>\n<p>Nikola Corp rallied 4.3% after the electric and hydrogen vehicle maker said it is investing $50 million in Wabash Valley Resources LLC to produce clean hydrogen in the U.S. Midwest for its zero-emission trucks.</p>\n<p>Among so-called meme stocks, software firm Alfi Inc tumbled 26% after more than doubling in value in the prior session, while <a href=\"https://laohu8.com/S/TRCH\">Torchlight Energy Resources Inc</a> slumped 30%, tumbling for a second day after announcing an upsized stock offering.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.14-to-1 ratio; on Nasdaq, a 1.42-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 33 new 52-week highs and no new lows; the Nasdaq Composite recorded 91 new highs and 28 new lows.</p>\n<p>Volume on U.S. exchanges was 9.3 billion shares, compared with the 11.1 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla lifts Nasdaq to record-high close, S&P 500 dips</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla lifts Nasdaq to record-high close, S&P 500 dips\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\">2021-06-24 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 23 (Reuters) - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&amp;P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.</p>\n<p>Gains in Nvidia Corp and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.</p>\n<p>Data firm IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> said its flash U.S. manufacturing Purchasing Managers' Index rose to a reading of 62.6 this month, beating estimates of 61.5, but manufacturers are still struggling to secure raw materials and qualified workers, substantially raising prices.</p>\n<p>The \"high level of today's surveys will provide some confirmation for the Fed that the time to begin taking its foot off the accelerator is not far away,\" said Jai Malhi, global market strategist at J.P. Morgan Asset Management.</p>\n<p>On Tuesday, Fed Chair Jerome Powell reaffirmed the central bank's intent not to raise interest rates too quickly, based only on the fear of coming inflation.</p>\n<p>Powell's comments follow the Fed's projection a week ago of an increase in interest rates as soon as 2023, sooner than anticipated. Since then, growth stocks, including major tech names like Tesla and Nvidia, have mostly rallied and outperformed value stocks, like banks and materials companies.</p>\n<p>\"People are plowing money into what has worked. People are basically momentum-chasing and they're using the last three years of performance to figure out what to chase,\" said Mike Zigmont, head of trading and research at Harvest Volatility Management in New York.</p>\n<p>Eight of the 11 major S&amp;P sector indexes fell, with utilities down about 1% and leading the way lower, followed by a 0.6% dip in materials .</p>\n<p>Tesla jumped 5.3% after the electric vehicle maker said it had opened a solar-powered charging station with on-site power storage in the Tibetan capital Lhasa, its first such facility in China. That trimmed the stock's loss in 2021 to about 7%.</p>\n<p>Extending investors' recent preference for growth stocks, the S&amp;P 500 growth index edged up 0.01%, while the value index dipped 0.24%.</p>\n<p>The Dow Jones Industrial Average fell 0.21% to end at 33,874.24 points, while the S&amp;P 500 lost 0.11% to 4,241.84.</p>\n<p>The Nasdaq Composite climbed 0.13% to 14,271.73.</p>\n<p>The S&amp;P 500 has gained about 13% in 2021, while the Nasdaq and Dow are up about 11%.</p>\n<p>Nikola Corp rallied 4.3% after the electric and hydrogen vehicle maker said it is investing $50 million in Wabash Valley Resources LLC to produce clean hydrogen in the U.S. Midwest for its zero-emission trucks.</p>\n<p>Among so-called meme stocks, software firm Alfi Inc tumbled 26% after more than doubling in value in the prior session, while <a href=\"https://laohu8.com/S/TRCH\">Torchlight Energy Resources Inc</a> slumped 30%, tumbling for a second day after announcing an upsized stock offering.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.14-to-1 ratio; on Nasdaq, a 1.42-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 33 new 52-week highs and no new lows; the Nasdaq Composite recorded 91 new highs and 28 new lows.</p>\n<p>Volume on U.S. exchanges was 9.3 billion shares, compared with the 11.1 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","IVV":"标普500指数ETF","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","INFO":"Harbor PanAgora Dynamic Large Cap Core ETF","NVDA":"英伟达","NDAQ":"纳斯达克OMX交易所","NKLA":"Nikola Corporation",".DJI":"道琼斯","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145156570","content_text":"June 23 (Reuters) - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.\nGains in Nvidia Corp and Facebook Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.\nData firm IHS Markit said its flash U.S. manufacturing Purchasing Managers' Index rose to a reading of 62.6 this month, beating estimates of 61.5, but manufacturers are still struggling to secure raw materials and qualified workers, substantially raising prices.\nThe \"high level of today's surveys will provide some confirmation for the Fed that the time to begin taking its foot off the accelerator is not far away,\" said Jai Malhi, global market strategist at J.P. Morgan Asset Management.\nOn Tuesday, Fed Chair Jerome Powell reaffirmed the central bank's intent not to raise interest rates too quickly, based only on the fear of coming inflation.\nPowell's comments follow the Fed's projection a week ago of an increase in interest rates as soon as 2023, sooner than anticipated. Since then, growth stocks, including major tech names like Tesla and Nvidia, have mostly rallied and outperformed value stocks, like banks and materials companies.\n\"People are plowing money into what has worked. People are basically momentum-chasing and they're using the last three years of performance to figure out what to chase,\" said Mike Zigmont, head of trading and research at Harvest Volatility Management in New York.\nEight of the 11 major S&P sector indexes fell, with utilities down about 1% and leading the way lower, followed by a 0.6% dip in materials .\nTesla jumped 5.3% after the electric vehicle maker said it had opened a solar-powered charging station with on-site power storage in the Tibetan capital Lhasa, its first such facility in China. That trimmed the stock's loss in 2021 to about 7%.\nExtending investors' recent preference for growth stocks, the S&P 500 growth index edged up 0.01%, while the value index dipped 0.24%.\nThe Dow Jones Industrial Average fell 0.21% to end at 33,874.24 points, while the S&P 500 lost 0.11% to 4,241.84.\nThe Nasdaq Composite climbed 0.13% to 14,271.73.\nThe S&P 500 has gained about 13% in 2021, while the Nasdaq and Dow are up about 11%.\nNikola Corp rallied 4.3% after the electric and hydrogen vehicle maker said it is investing $50 million in Wabash Valley Resources LLC to produce clean hydrogen in the U.S. Midwest for its zero-emission trucks.\nAmong so-called meme stocks, software firm Alfi Inc tumbled 26% after more than doubling in value in the prior session, while Torchlight Energy Resources Inc slumped 30%, tumbling for a second day after announcing an upsized stock offering.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.14-to-1 ratio; on Nasdaq, a 1.42-to-1 ratio favored advancers.\nThe S&P 500 posted 33 new 52-week highs and no new lows; the Nasdaq Composite recorded 91 new highs and 28 new lows.\nVolume on U.S. exchanges was 9.3 billion shares, compared with the 11.1 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":737,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120739877,"gmtCreate":1624336703499,"gmtModify":1703833846693,"author":{"id":"3576672486270158","authorId":"3576672486270158","name":"btzm1991","avatar":"https://static.tigerbbs.com/e069fa6dd8de7190f5729f91d4cdcab4","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576672486270158","authorIdStr":"3576672486270158"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>discount!","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>discount!","text":"$Tiger Brokers(TIGR)$discount!","images":[{"img":"https://static.tigerbbs.com/74108bcf73dfa0938559f53770f2f6e6","width":"1080","height":"3651"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120739877","isVote":1,"tweetType":1,"viewCount":700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":160074735,"gmtCreate":1623767949827,"gmtModify":1703818838658,"author":{"id":"3576672486270158","authorId":"3576672486270158","name":"btzm1991","avatar":"https://static.tigerbbs.com/e069fa6dd8de7190f5729f91d4cdcab4","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576672486270158","authorIdStr":"3576672486270158"},"themes":[],"htmlText":"Discount now","listText":"Discount now","text":"Discount now","images":[{"img":"https://static.tigerbbs.com/debb584fa465b1b0c4ff9d4691d17c33","width":"1080","height":"3093"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/160074735","isVote":1,"tweetType":1,"viewCount":956,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":186494476,"gmtCreate":1623517827795,"gmtModify":1704205428360,"author":{"id":"3576672486270158","authorId":"3576672486270158","name":"btzm1991","avatar":"https://static.tigerbbs.com/e069fa6dd8de7190f5729f91d4cdcab4","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576672486270158","authorIdStr":"3576672486270158"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/186494476","repostId":"2142378818","repostType":4,"repost":{"id":"2142378818","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":1623509400,"share":"https://ttm.financial/m/news/2142378818?lang=&edition=fundamental","pubTime":"2021-06-12 22:50","market":"hk","language":"en","title":"What is inflation? Hint: It's not the 12% increase in rental-car prices last month","url":"https://stock-news.laohu8.com/highlight/detail?id=2142378818","media":"Dow Jones","summary":"'If you're someone who's going to the grocery store on a regular basis or even to the gas pump, and ","content":"<blockquote>\n 'If you're someone who's going to the grocery store on a regular basis or even to the gas pump, and you're noticing that those prices are rising, that doesn't always necessarily count as inflation'.\n</blockquote>\n<p>When Chipotle <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a> CEO Brian Niccol shared that the company has increased its menu prices by nearly 4%, some customers thought they knew exactly what to blame for pricier burritos: inflation.</p>\n<p>\"Let's be real, Chipotle is the first of many companies that will begin to increase prices,\" <a href=\"https://laohu8.com/S/AONE\">one</a> person tweeted . \"Inflation is real and [it's] going to be reflected everywhere.\"</p>\n<p>Chipotle, however, told MarketWatch the price increase had little to do with inflation.</p>\n<p>\"The recent price increase is to offset the dollar cost of our wage increase, not to offset commodity inflation,\" Erin Wolford, a senior spokesperson at Chipotle, told MarketWatch. Last month, the fast-food chain announced plans to increase wages so employees earn an average of $15 an hour by late June.</p>\n<p>But the tweet wasn't entirely wrong -- consumers are paying more for a slew of goods.</p>\n<p>Rental cars, airfare and uncooked beef roasts cost 12.1%, 7% and 6.4% more last month, respectively, compared to April, according to the latest monthly report from the Bureau of Labor Statistics that tracks how much Americans are paying for nearly 80,000 different goods and services.</p>\n<p>The report, known as the Consumer Price Index, uses all the price data from the individual goods and services to estimate how much more or less Americans can expect to pay for goods across the board.</p>\n<p>Data from the most recent CPI report estimates that Americans paid 0.6% more for goods overall compared to the prior month and 5% more compared to last May.</p>\n<p><b>What inflation is and what it isn't</b></p>\n<p>By definition, inflation is an overall increase in prices of almost all goods and services -- so yes, people in the U.S. are experiencing inflation currently.</p>\n<p>But the fact that Chipotle is charging more for its food doesn't inherently mean that there's inflation, said Michael Weber, a University of Chicago Booth School of Business economist.</p>\n<p>\"Prices or costs go up and down all the time,\" he said. \"If across a whole range of goods, prices systematically and persistently go up, that's what we call inflation.\"</p>\n<p>Case in point: At the height of the pandemic a pack of three 8 oz. bottles of Purell was listed for nearly $70 on Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> -- more than four times what consumers paid for the same pack pre-pandemic, according to CamelCamelCamel.com, a site that tracks prices of good listed on Amazon. (Amazon didn't respond to MarketWatch's request for a comment.)</p>\n<p>But consumers weren't paying four times as much money for everything else they bought then, in fact, CPI data indicated they were paying less for most goods and services last March, April and May.</p>\n<p>Nevertheless, it is easy to get confused about what inflation is and what it isn't, said Sarah Foster, an analyst at Bankrate.com.</p>\n<p>\"If you're someone who's going to the grocery store on a regular basis or even to the gas pump, and you're noticing that those prices are rising, that doesn't always necessarily count as inflation,\" she said.</p>\n<p>Inflation is when \"the cost of living has gone up across the board and what you have in your wallet today can't really buy as much as you could have bought with it a year ago.\"</p>\n<p><b>It's 'normal' for prices to increase</b></p>\n<p>\"In normal times, prices tend to rise by about 2% on any given year,\" said Gregory Daco, chief U.S. economist at Oxford Economics.</p>\n<p>But lately \"price increases are faster than they otherwise would be in normal times.\"</p>\n<p>The pandemic, of course, has been anything but normal.</p>\n<p>Movie theaters, restaurants, hair salons, gyms, and clothing stores had locks on their doors for months -- and even when they were allowed to reopen most consumers weren't rushing back immediately.</p>\n<p>That's changed as more Americans get vaccinated against coronavirus and most states have lifted major pandemic restrictions, including mask mandates.</p>\n<p>It makes sense that rental cars and trucks cost 12.1% more compared to last year, Daco said.</p>\n<p>\"Prices are rising because supply has not yet responded to the demand,\" he added. And car rental companies cannot easily get their hands on more cars \"because car companies sold the cars during the COVID crisis.\"</p>\n<p>Chip shortages, which are causing supply chain disruptions across a range of goods, are further propping up prices of new cars and trucks .</p>\n<p>Eventually, the supply of chips will increase to meet the demand -- or consumers may seek out other transportation options --- either way prices aren't likely to stay where they are, said Daco. Just like the pack of three Purell bottles which now can be purchased for $14.67 on Amazon.</p>\n<p>The verdict is still out on whether the inflation Americans are experiencing now will dissipate once people fully return to their pre-pandemic lives.</p>\n<p>One of the most important economic figures in the U.S., Federal Reserve Chairman Jerome Powell, thinks it will .</p>\n<p>MarketWatch wants to hear from you! What's costing you more money lately? Has inflation caused you to make any lifestyle changes?</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>What is inflation? Hint: It's not the 12% increase in rental-car prices last month</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat is inflation? Hint: It's not the 12% increase in rental-car prices last month\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\">2021-06-12 22:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n 'If you're someone who's going to the grocery store on a regular basis or even to the gas pump, and you're noticing that those prices are rising, that doesn't always necessarily count as inflation'.\n</blockquote>\n<p>When Chipotle <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a> CEO Brian Niccol shared that the company has increased its menu prices by nearly 4%, some customers thought they knew exactly what to blame for pricier burritos: inflation.</p>\n<p>\"Let's be real, Chipotle is the first of many companies that will begin to increase prices,\" <a href=\"https://laohu8.com/S/AONE\">one</a> person tweeted . \"Inflation is real and [it's] going to be reflected everywhere.\"</p>\n<p>Chipotle, however, told MarketWatch the price increase had little to do with inflation.</p>\n<p>\"The recent price increase is to offset the dollar cost of our wage increase, not to offset commodity inflation,\" Erin Wolford, a senior spokesperson at Chipotle, told MarketWatch. Last month, the fast-food chain announced plans to increase wages so employees earn an average of $15 an hour by late June.</p>\n<p>But the tweet wasn't entirely wrong -- consumers are paying more for a slew of goods.</p>\n<p>Rental cars, airfare and uncooked beef roasts cost 12.1%, 7% and 6.4% more last month, respectively, compared to April, according to the latest monthly report from the Bureau of Labor Statistics that tracks how much Americans are paying for nearly 80,000 different goods and services.</p>\n<p>The report, known as the Consumer Price Index, uses all the price data from the individual goods and services to estimate how much more or less Americans can expect to pay for goods across the board.</p>\n<p>Data from the most recent CPI report estimates that Americans paid 0.6% more for goods overall compared to the prior month and 5% more compared to last May.</p>\n<p><b>What inflation is and what it isn't</b></p>\n<p>By definition, inflation is an overall increase in prices of almost all goods and services -- so yes, people in the U.S. are experiencing inflation currently.</p>\n<p>But the fact that Chipotle is charging more for its food doesn't inherently mean that there's inflation, said Michael Weber, a University of Chicago Booth School of Business economist.</p>\n<p>\"Prices or costs go up and down all the time,\" he said. \"If across a whole range of goods, prices systematically and persistently go up, that's what we call inflation.\"</p>\n<p>Case in point: At the height of the pandemic a pack of three 8 oz. bottles of Purell was listed for nearly $70 on Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> -- more than four times what consumers paid for the same pack pre-pandemic, according to CamelCamelCamel.com, a site that tracks prices of good listed on Amazon. (Amazon didn't respond to MarketWatch's request for a comment.)</p>\n<p>But consumers weren't paying four times as much money for everything else they bought then, in fact, CPI data indicated they were paying less for most goods and services last March, April and May.</p>\n<p>Nevertheless, it is easy to get confused about what inflation is and what it isn't, said Sarah Foster, an analyst at Bankrate.com.</p>\n<p>\"If you're someone who's going to the grocery store on a regular basis or even to the gas pump, and you're noticing that those prices are rising, that doesn't always necessarily count as inflation,\" she said.</p>\n<p>Inflation is when \"the cost of living has gone up across the board and what you have in your wallet today can't really buy as much as you could have bought with it a year ago.\"</p>\n<p><b>It's 'normal' for prices to increase</b></p>\n<p>\"In normal times, prices tend to rise by about 2% on any given year,\" said Gregory Daco, chief U.S. economist at Oxford Economics.</p>\n<p>But lately \"price increases are faster than they otherwise would be in normal times.\"</p>\n<p>The pandemic, of course, has been anything but normal.</p>\n<p>Movie theaters, restaurants, hair salons, gyms, and clothing stores had locks on their doors for months -- and even when they were allowed to reopen most consumers weren't rushing back immediately.</p>\n<p>That's changed as more Americans get vaccinated against coronavirus and most states have lifted major pandemic restrictions, including mask mandates.</p>\n<p>It makes sense that rental cars and trucks cost 12.1% more compared to last year, Daco said.</p>\n<p>\"Prices are rising because supply has not yet responded to the demand,\" he added. And car rental companies cannot easily get their hands on more cars \"because car companies sold the cars during the COVID crisis.\"</p>\n<p>Chip shortages, which are causing supply chain disruptions across a range of goods, are further propping up prices of new cars and trucks .</p>\n<p>Eventually, the supply of chips will increase to meet the demand -- or consumers may seek out other transportation options --- either way prices aren't likely to stay where they are, said Daco. Just like the pack of three Purell bottles which now can be purchased for $14.67 on Amazon.</p>\n<p>The verdict is still out on whether the inflation Americans are experiencing now will dissipate once people fully return to their pre-pandemic lives.</p>\n<p>One of the most important economic figures in the U.S., Federal Reserve Chairman Jerome Powell, thinks it will .</p>\n<p>MarketWatch wants to hear from you! What's costing you more money lately? Has inflation caused you to make any lifestyle changes?</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142378818","content_text":"'If you're someone who's going to the grocery store on a regular basis or even to the gas pump, and you're noticing that those prices are rising, that doesn't always necessarily count as inflation'.\n\nWhen Chipotle $(CMG)$ CEO Brian Niccol shared that the company has increased its menu prices by nearly 4%, some customers thought they knew exactly what to blame for pricier burritos: inflation.\n\"Let's be real, Chipotle is the first of many companies that will begin to increase prices,\" one person tweeted . \"Inflation is real and [it's] going to be reflected everywhere.\"\nChipotle, however, told MarketWatch the price increase had little to do with inflation.\n\"The recent price increase is to offset the dollar cost of our wage increase, not to offset commodity inflation,\" Erin Wolford, a senior spokesperson at Chipotle, told MarketWatch. Last month, the fast-food chain announced plans to increase wages so employees earn an average of $15 an hour by late June.\nBut the tweet wasn't entirely wrong -- consumers are paying more for a slew of goods.\nRental cars, airfare and uncooked beef roasts cost 12.1%, 7% and 6.4% more last month, respectively, compared to April, according to the latest monthly report from the Bureau of Labor Statistics that tracks how much Americans are paying for nearly 80,000 different goods and services.\nThe report, known as the Consumer Price Index, uses all the price data from the individual goods and services to estimate how much more or less Americans can expect to pay for goods across the board.\nData from the most recent CPI report estimates that Americans paid 0.6% more for goods overall compared to the prior month and 5% more compared to last May.\nWhat inflation is and what it isn't\nBy definition, inflation is an overall increase in prices of almost all goods and services -- so yes, people in the U.S. are experiencing inflation currently.\nBut the fact that Chipotle is charging more for its food doesn't inherently mean that there's inflation, said Michael Weber, a University of Chicago Booth School of Business economist.\n\"Prices or costs go up and down all the time,\" he said. \"If across a whole range of goods, prices systematically and persistently go up, that's what we call inflation.\"\nCase in point: At the height of the pandemic a pack of three 8 oz. bottles of Purell was listed for nearly $70 on Amazon $(AMZN)$ -- more than four times what consumers paid for the same pack pre-pandemic, according to CamelCamelCamel.com, a site that tracks prices of good listed on Amazon. (Amazon didn't respond to MarketWatch's request for a comment.)\nBut consumers weren't paying four times as much money for everything else they bought then, in fact, CPI data indicated they were paying less for most goods and services last March, April and May.\nNevertheless, it is easy to get confused about what inflation is and what it isn't, said Sarah Foster, an analyst at Bankrate.com.\n\"If you're someone who's going to the grocery store on a regular basis or even to the gas pump, and you're noticing that those prices are rising, that doesn't always necessarily count as inflation,\" she said.\nInflation is when \"the cost of living has gone up across the board and what you have in your wallet today can't really buy as much as you could have bought with it a year ago.\"\nIt's 'normal' for prices to increase\n\"In normal times, prices tend to rise by about 2% on any given year,\" said Gregory Daco, chief U.S. economist at Oxford Economics.\nBut lately \"price increases are faster than they otherwise would be in normal times.\"\nThe pandemic, of course, has been anything but normal.\nMovie theaters, restaurants, hair salons, gyms, and clothing stores had locks on their doors for months -- and even when they were allowed to reopen most consumers weren't rushing back immediately.\nThat's changed as more Americans get vaccinated against coronavirus and most states have lifted major pandemic restrictions, including mask mandates.\nIt makes sense that rental cars and trucks cost 12.1% more compared to last year, Daco said.\n\"Prices are rising because supply has not yet responded to the demand,\" he added. And car rental companies cannot easily get their hands on more cars \"because car companies sold the cars during the COVID crisis.\"\nChip shortages, which are causing supply chain disruptions across a range of goods, are further propping up prices of new cars and trucks .\nEventually, the supply of chips will increase to meet the demand -- or consumers may seek out other transportation options --- either way prices aren't likely to stay where they are, said Daco. Just like the pack of three Purell bottles which now can be purchased for $14.67 on Amazon.\nThe verdict is still out on whether the inflation Americans are experiencing now will dissipate once people fully return to their pre-pandemic lives.\nOne of the most important economic figures in the U.S., Federal Reserve Chairman Jerome Powell, thinks it will .\nMarketWatch wants to hear from you! What's costing you more money lately? Has inflation caused you to make any lifestyle changes?","news_type":1},"isVote":1,"tweetType":1,"viewCount":775,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}