Profile - To The Moon

KelvinGKW

Posts · 3Posts · 3
Following · 0Following · 0
Followers · 0Followers · 0

- KelvinGKWKelvinGKW
  ·2021-05-09
  Nice. Pls like my post! =)
  7 Growth Stocks Headed for the Moon
  If you’re just getting into the investing game, growth stocks are a great place to get started. As t
  7 Growth Stocks Headed for the Moon
  415 Comment
  3
  Share
  Report
- KelvinGKWKelvinGKW
  ·2021-05-01
  Please like my comment. Tks!
  Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.
  For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t t
  Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.
  233 Comment
  Like
  Share
  Report
- KelvinGKWKelvinGKW
  ·2021-05-01
  Like
  Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.
  For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t t
  Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.
  165 Comment
  Like
  Share
  Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"isCurrentUser":false,"userPageInfo":{"id":3582953628906675,"uuid":"3582953628906675","gmtCreate":1619859604695,"gmtModify":1619883955599,"name":"KelvinGKW","pinyin":"kelvingkw","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/fe6a363713eff4ffdf8d213e79d3db93","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":7,"tweetSize":3,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.11","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001}],"userBadgeCount":1,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":107292177,"gmtCreate":1620494359899,"gmtModify":1704344343789,"author":{"id":"3582953628906675","authorId":"3582953628906675","authorIdStr":"3582953628906675","name":"KelvinGKW","avatar":"https://static.tigerbbs.com/fe6a363713eff4ffdf8d213e79d3db93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582953628906675"},"themes":[],"htmlText":"Nice. Pls like my post! =)&nbsp;","listText":"Nice. Pls like my post! =)&nbsp;","text":"Nice. Pls like my post! =)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/107292177","repostId":"1122144051","repostType":4,"repost":{"id":"1122144051","pubTimestamp":1620441607,"share":"https://ttm.financial/m/news/1122144051?lang=&edition=fundamental","pubTime":"2021-05-08 10:40","market":"us","language":"en","title":"7 Growth Stocks Headed for the Moon","url":"https://stock-news.laohu8.com/highlight/detail?id=1122144051","media":"investorplace","summary":"If you’re just getting into the investing game, growth stocks are a great place to get started. As t","content":"<p>If you’re just getting into the investing game, growth stocks are a great place to get started. As the name suggests, these are stocks of companies that are poised for exponential growth. However, this also means they are often smaller and still in the developmental stages. While profitability may be low in the short term, the future potential of these investments makes it a great opportunity to buy in before valuations soar.</p><p>Growth stocks are often considered to be a safety net. These investments are particularly attractive during periods of economic downturn as they show promise of higher than average returns in the future. According to Jim Paulsen, a chief investment strategist at Leuthold Group, growth stocks havehistorically outperformedin both rising and falling markets.</p><p>On the heels of a strong earnings season this year, many investors are now looking to get in on the market momentum. As a result of this, growth stocks are now gaining traction after months of economically driven volatility. Here are seven stocks headed for the moon.</p><ul><li><b>Shopify</b>(NYSE:<b>SHOP</b>)</li><li><b>PayPal</b>(NASDAQ:<b>PYPL</b>)</li><li><b>Tesla</b>(NASDAQ:<b>TSLA</b>)</li><li><b>Snowflake</b>(NYSE:<b>SNOW</b>)</li><li><b>Upwork</b>(NASDAQ:<b>UPWK</b>)</li><li><b>Peloton</b>(NASDAQ:<b>PTON</b>)</li><li><b>Etsy</b>(NASDAQ:<b>ETSY</b>)</li></ul><p>Growth Stocks: Shopify (SHOP)</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea3690fa463ad773cc4713a2e50a6d81\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"><span>Source: Burdun Iliya / Shutterstock.com</span></p><p>First up on the list is Shopify. The e-commerce giant had a spectacular run in the last 12 months but is poised for greater upside in the coming years.</p><p>In the wake of the novel coronavirus pandemic, Shopify’s platform served as a lifeline for small businesses forced to move online. The company allows small to mid-sized businesses to set up digital storefronts and connect with customers. As a result of traffic on the platform, the company reported a grossmerchandise volume of $119.6 billionin 2020 – a 96% increase from the previous year.</p><p>Coming into 2021, Shopify stock remained volatile in the first half of the year amid a mass-market sell-off. But the e-commerce revolution is far from over. The company boasts more than 1.5 million users on its platform and this number will only continue to grow.</p><p>Although in-store shopping will eat into Shopify’s market share, online retail is a pandemic trend that won’t go away anytime soon. Research shows that e-commerce is growing in the U.S., accounting forfor 6% of total salesnationwide in 2013. And this value is expected to hit 19% by 2024.</p><p>Shopify stock is down from its peak pandemic highs, but this growth stock is worth betting on for the long haul.</p><p>PayPal (PYPL)</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4a850647eb7c4cf2deb699b8d75064ca\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"><span>Source: Michael Vi / Shutterstock.com</span></p><p>Digital payments defined the pandemic year as cash lost its allure amid mass social distancing. This meant that payment platforms once seen as a convenience were now deemed a necessity. The fintech industry is crowded but PayPal, one of the oldest players in the space, holds a strong competitive advantage. And while many are questioning its growth prospects in a post-pandemic world, I think the stock is in a great position to keep growing. This is because, like online shopping, digital payments are a trend that won’t go away.</p><p>As of the fourth quarter 2020, PayPal had377 million user accountsand 29 million merchants worldwide. This resulted in net revenue of $6.12 billion for the year. In 2021, the company hopes to add 50 million new accounts and sees revenue hitting the$50 billion mark by 2025. A combination of digital payment trends in its favor and a strong market position support this guidance.</p><p>Adding on to these tailwinds, PayPal recently announced that it will allow users to trade store cryptocurrencies on its subsidiary platform, Venmo. As digital currencies go mainstream, this crypto offering could be a major revenue generator for the company.</p><p>With a growing customer base and history of constant innovation, PayPal is a growth stock that will thrive in the new normal.</p><p>Growth Stocks:&nbsp;Tesla (TSLA)</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c01ac3bf2a851ddfd5cb61651f3edde8\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"><span>Source: Sheila Fitzgerald / Shutterstock.com</span></p><p>The growth potential of electric vehicles (EVs) has many investors bullish on the biggest names in the sector. Leading this trend is Tesla. Shares of the company trade at about 23.5 times its revenue, making it one of the most expensive stocks on the market. But the potential tailwinds for Tesla justifies this price.</p><p>In its most recent earnings report, the company postednet revenue of $10.39 billion, up 74% from a year ago. EPS also beat expectations at 93 cents/share. However, deliveries hit a speed bump due to supply chain issues but the company is working toward improving its production capabilities.</p><p>Looking ahead, Tesla’s CEO Elon Musk says they will begin deliveries of its Model S sedans this month. Deliveries are expected to increase by 50% in 2021 or an additional 750,000 vehicles. The company is also working to improve the mechanics of its cars. It believes that the new autonomous vehicle will be vision-based with the use of AI-based cameras. According to the EV maker, they are “ready to switch the market to Tesla Vision.”</p><p>Tesla is an expensive growth stock but with EVs poised to go mainstream in the coming years, this investment will generate ample returns.</p><p>Snowflake (SNOW)</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/27f6a7dec8d3a5c0c3c3b989a1134ac7\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"><span>Source: rblfmr / Shutterstock.com</span></p><p>Cloud-based solutions are another major area of growth in the future. One company that shows a lot of upside potential in the sector is Snowflake. The shift to a digital environment has served as a major tailwind for cloud infrastructures. Companies like Snowflake help businesses manage and store their data remotely. This service became crucial for many businesses during the pandemic.</p><p>As for the numbers, Snowflake is still in its growth stages and continues to burn through large amounts of cash. However, the company did report a120% increasein product revenue at $553.8 million. Once Snowflake surpasses this phase, its services should generate some juicy returns. The company’s biggest selling point is its pay-as-you-go model that’s packaged as a subscription as a service (SaaS) model. Solutions such as these can help companies lower costs as they achieve greater economies of scale.</p><p>Snowflake’s competitive market position and lucrative subscription model make this stock a great buy for the long haul.</p><p>Growth Stocks:&nbsp;Upwork (UPWK)</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/acf0ab4a91be4e6c30a66154a16da013\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"><span>Source: Shutterstock</span></p><p>As a result of pandemic-induced layoffs and furloughs, many people took to freelancing to make some extra cash. For Upwork, a platform that connects businesses to freelancers, user growth surged as a result. Given its dominant position in the market, the company stands to gain the most from the gig-economy trend. To put this in numbers, shares of Upwork are now up some 400%, trading at around $37 from a low of $8 a year ago.</p><p>It’s worth noting that while the company reported a major surge in revenue, it is not yet profitable. This alludes to the fact that the gig economy is still very much in its early stages and Upwork chooses to focus on growth and not profitability. Going into 2021, Upwork will continue to follow this ethos and predictsrevenue will grow by 24.91%. Assuming revenues grow in accordance with the forecast, investors are likely to see an appreciation in the share price this year.</p><p>As far as growth stocks go, Upwork is a top play. The winds of the gig economy are blowing in the company’s favor and explosive returns are definitely in the forecast.</p><p>Peloton (PTON)</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62063fe1973a8eb39334be9944957d17\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"><span>Source: JHVEPhoto / Shutterstock.com</span></p><p>Riddled with supply chain issues and questions about its future, shares of fitness giant Peloton are on the decline. However, experts see this dip as a great buying opportunity. The pandemic was a boon for Peloton as people purchased the company’s exercise bike to stay fit indoors. As a result,revenue doubled to $1.06 billionfor the quarter ended on Dec. 31, 2020.</p><p>But this success was threatened as the company faced numerous supply chain issues and struggled to meet the explosive demand. Adding to the negative publicity over delayed orders and treadmill issues, Peloton’s growth prospects post-pandemic came into question.</p><p>However, several reasons hint at Peloton’s long-term success, making this dip a great buying opportunity. For instance, the remote fitness trend brought about by the pandemic is one that is here to stay. Experts believe that people will continue to embrace remote workouts even after gyms reopen. For Peloton, a major player in the space, this provides an opportunity for long-term growth. Peloton is optimistic about its success in the new normal and forecasted revenue of $4 billion for FY21.</p><p>Despite the short-term headwinds, Peloton is a growth stock that’s worth banking on. Its strong market position and favorable trends in the fitness industry will help PTON pedal higher.</p><p>Growth Stocks:&nbsp;Etsy (ETSY)</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5bb27fc022879d2fcccafade8ad5e292\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"><span>Source: Shutterstock</span></p><p>E-commerce was a major area of focus during the pandemic and with good reason. For many years, in-store shopping was on the decline as people preferred to shop online. The pandemic-induced lockdowns accelerated this to a whole new level. Hence, it’s safe to assume that e-commerce is here to stay long after the pandemic. This trend bodes well for Etsy, a platform that caters to small artisanal businesses.</p><p>Etsy is a platform for independent sellers, many of whom have no physical storefront. As an all-purpose enterprise for small businesses, the company saw a massive hike in the number of sellers on its platform during the pandemic. In 2020, sellers on Etsyrose by 62% to 4.4 millionand 81.9 million people purchased products on the website. The resulted in a revenue hike of 111%.</p><p>As we approach the new normal, it is unlikely that we will see such explosive results. But looking at the long-term prospects, Etsy has a strong value proposition. As one of the biggest platforms for independent sellers, the company’s market competitiveness will lead to higher returns in the future.</p><p>The future of retail is online, making Etsy a growth stock to have on your radar.</p>","source":"lsy1606302653667","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>7 Growth Stocks Headed for the Moon</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\">\n7 Growth Stocks Headed for the Moon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 10:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/7-growth-stocks-headed-for-the-moon/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you’re just getting into the investing game, growth stocks are a great place to get started. As the name suggests, these are stocks of companies that are poised for exponential growth. However, ...</p>\n\n<a href=\"https://investorplace.com/2021/05/7-growth-stocks-headed-for-the-moon/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake","UPWK":"Upwork Inc.","ETSY":"Etsy, Inc.","PYPL":"PayPal","PTON":"Peloton Interactive, Inc.","TSLA":"特斯拉","SHOP":"Shopify Inc"},"source_url":"https://investorplace.com/2021/05/7-growth-stocks-headed-for-the-moon/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122144051","content_text":"If you’re just getting into the investing game, growth stocks are a great place to get started. As the name suggests, these are stocks of companies that are poised for exponential growth. However, this also means they are often smaller and still in the developmental stages. While profitability may be low in the short term, the future potential of these investments makes it a great opportunity to buy in before valuations soar.Growth stocks are often considered to be a safety net. These investments are particularly attractive during periods of economic downturn as they show promise of higher than average returns in the future. According to Jim Paulsen, a chief investment strategist at Leuthold Group, growth stocks havehistorically outperformedin both rising and falling markets.On the heels of a strong earnings season this year, many investors are now looking to get in on the market momentum. As a result of this, growth stocks are now gaining traction after months of economically driven volatility. Here are seven stocks headed for the moon.Shopify(NYSE:SHOP)PayPal(NASDAQ:PYPL)Tesla(NASDAQ:TSLA)Snowflake(NYSE:SNOW)Upwork(NASDAQ:UPWK)Peloton(NASDAQ:PTON)Etsy(NASDAQ:ETSY)Growth Stocks: Shopify (SHOP)Source: Burdun Iliya / Shutterstock.comFirst up on the list is Shopify. The e-commerce giant had a spectacular run in the last 12 months but is poised for greater upside in the coming years.In the wake of the novel coronavirus pandemic, Shopify’s platform served as a lifeline for small businesses forced to move online. The company allows small to mid-sized businesses to set up digital storefronts and connect with customers. As a result of traffic on the platform, the company reported a grossmerchandise volume of $119.6 billionin 2020 – a 96% increase from the previous year.Coming into 2021, Shopify stock remained volatile in the first half of the year amid a mass-market sell-off. But the e-commerce revolution is far from over. The company boasts more than 1.5 million users on its platform and this number will only continue to grow.Although in-store shopping will eat into Shopify’s market share, online retail is a pandemic trend that won’t go away anytime soon. Research shows that e-commerce is growing in the U.S., accounting forfor 6% of total salesnationwide in 2013. And this value is expected to hit 19% by 2024.Shopify stock is down from its peak pandemic highs, but this growth stock is worth betting on for the long haul.PayPal (PYPL)Source: Michael Vi / Shutterstock.comDigital payments defined the pandemic year as cash lost its allure amid mass social distancing. This meant that payment platforms once seen as a convenience were now deemed a necessity. The fintech industry is crowded but PayPal, one of the oldest players in the space, holds a strong competitive advantage. And while many are questioning its growth prospects in a post-pandemic world, I think the stock is in a great position to keep growing. This is because, like online shopping, digital payments are a trend that won’t go away.As of the fourth quarter 2020, PayPal had377 million user accountsand 29 million merchants worldwide. This resulted in net revenue of $6.12 billion for the year. In 2021, the company hopes to add 50 million new accounts and sees revenue hitting the$50 billion mark by 2025. A combination of digital payment trends in its favor and a strong market position support this guidance.Adding on to these tailwinds, PayPal recently announced that it will allow users to trade store cryptocurrencies on its subsidiary platform, Venmo. As digital currencies go mainstream, this crypto offering could be a major revenue generator for the company.With a growing customer base and history of constant innovation, PayPal is a growth stock that will thrive in the new normal.Growth Stocks: Tesla (TSLA)Source: Sheila Fitzgerald / Shutterstock.comThe growth potential of electric vehicles (EVs) has many investors bullish on the biggest names in the sector. Leading this trend is Tesla. Shares of the company trade at about 23.5 times its revenue, making it one of the most expensive stocks on the market. But the potential tailwinds for Tesla justifies this price.In its most recent earnings report, the company postednet revenue of $10.39 billion, up 74% from a year ago. EPS also beat expectations at 93 cents/share. However, deliveries hit a speed bump due to supply chain issues but the company is working toward improving its production capabilities.Looking ahead, Tesla’s CEO Elon Musk says they will begin deliveries of its Model S sedans this month. Deliveries are expected to increase by 50% in 2021 or an additional 750,000 vehicles. The company is also working to improve the mechanics of its cars. It believes that the new autonomous vehicle will be vision-based with the use of AI-based cameras. According to the EV maker, they are “ready to switch the market to Tesla Vision.”Tesla is an expensive growth stock but with EVs poised to go mainstream in the coming years, this investment will generate ample returns.Snowflake (SNOW)Source: rblfmr / Shutterstock.comCloud-based solutions are another major area of growth in the future. One company that shows a lot of upside potential in the sector is Snowflake. The shift to a digital environment has served as a major tailwind for cloud infrastructures. Companies like Snowflake help businesses manage and store their data remotely. This service became crucial for many businesses during the pandemic.As for the numbers, Snowflake is still in its growth stages and continues to burn through large amounts of cash. However, the company did report a120% increasein product revenue at $553.8 million. Once Snowflake surpasses this phase, its services should generate some juicy returns. The company’s biggest selling point is its pay-as-you-go model that’s packaged as a subscription as a service (SaaS) model. Solutions such as these can help companies lower costs as they achieve greater economies of scale.Snowflake’s competitive market position and lucrative subscription model make this stock a great buy for the long haul.Growth Stocks: Upwork (UPWK)Source: ShutterstockAs a result of pandemic-induced layoffs and furloughs, many people took to freelancing to make some extra cash. For Upwork, a platform that connects businesses to freelancers, user growth surged as a result. Given its dominant position in the market, the company stands to gain the most from the gig-economy trend. To put this in numbers, shares of Upwork are now up some 400%, trading at around $37 from a low of $8 a year ago.It’s worth noting that while the company reported a major surge in revenue, it is not yet profitable. This alludes to the fact that the gig economy is still very much in its early stages and Upwork chooses to focus on growth and not profitability. Going into 2021, Upwork will continue to follow this ethos and predictsrevenue will grow by 24.91%. Assuming revenues grow in accordance with the forecast, investors are likely to see an appreciation in the share price this year.As far as growth stocks go, Upwork is a top play. The winds of the gig economy are blowing in the company’s favor and explosive returns are definitely in the forecast.Peloton (PTON)Source: JHVEPhoto / Shutterstock.comRiddled with supply chain issues and questions about its future, shares of fitness giant Peloton are on the decline. However, experts see this dip as a great buying opportunity. The pandemic was a boon for Peloton as people purchased the company’s exercise bike to stay fit indoors. As a result,revenue doubled to $1.06 billionfor the quarter ended on Dec. 31, 2020.But this success was threatened as the company faced numerous supply chain issues and struggled to meet the explosive demand. Adding to the negative publicity over delayed orders and treadmill issues, Peloton’s growth prospects post-pandemic came into question.However, several reasons hint at Peloton’s long-term success, making this dip a great buying opportunity. For instance, the remote fitness trend brought about by the pandemic is one that is here to stay. Experts believe that people will continue to embrace remote workouts even after gyms reopen. For Peloton, a major player in the space, this provides an opportunity for long-term growth. Peloton is optimistic about its success in the new normal and forecasted revenue of $4 billion for FY21.Despite the short-term headwinds, Peloton is a growth stock that’s worth banking on. Its strong market position and favorable trends in the fitness industry will help PTON pedal higher.Growth Stocks: Etsy (ETSY)Source: ShutterstockE-commerce was a major area of focus during the pandemic and with good reason. For many years, in-store shopping was on the decline as people preferred to shop online. The pandemic-induced lockdowns accelerated this to a whole new level. Hence, it’s safe to assume that e-commerce is here to stay long after the pandemic. This trend bodes well for Etsy, a platform that caters to small artisanal businesses.Etsy is a platform for independent sellers, many of whom have no physical storefront. As an all-purpose enterprise for small businesses, the company saw a massive hike in the number of sellers on its platform during the pandemic. In 2020, sellers on Etsyrose by 62% to 4.4 millionand 81.9 million people purchased products on the website. The resulted in a revenue hike of 111%.As we approach the new normal, it is unlikely that we will see such explosive results. But looking at the long-term prospects, Etsy has a strong value proposition. As one of the biggest platforms for independent sellers, the company’s market competitiveness will lead to higher returns in the future.The future of retail is online, making Etsy a growth stock to have on your radar.","news_type":1},"isVote":1,"tweetType":1,"viewCount":415,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101120620,"gmtCreate":1619864181660,"gmtModify":1704335866934,"author":{"id":"3582953628906675","authorId":"3582953628906675","authorIdStr":"3582953628906675","name":"KelvinGKW","avatar":"https://static.tigerbbs.com/fe6a363713eff4ffdf8d213e79d3db93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582953628906675"},"themes":[],"htmlText":"Please like my comment. Tks!&nbsp;","listText":"Please like my comment. Tks!&nbsp;","text":"Please like my comment. Tks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101120620","repostId":"1142063705","repostType":4,"repost":{"id":"1142063705","pubTimestamp":1619796118,"share":"https://ttm.financial/m/news/1142063705?lang=&edition=fundamental","pubTime":"2021-04-30 23:21","market":"us","language":"en","title":"Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142063705","media":"CNBC","summary":"For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t t","content":"<div>\n<p>For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.</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\">\nEurope's antitrust crackdown on Apple hints at what's coming for the company in the U.S.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1142063705","content_text":"For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.\nBut when the EU competition policy chief Margrethe Vestagerannounced Friday a preliminary findingthatApplehas abused its dominant power in the distribution of streaming music apps, the U.S. finally seems poised to move in a similar direction.\n“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t think they should have to pay anything for that,” by choosing to object to its 15-30% commission on in-app payments for streaming apps.\nApple isn’t currently facing any antitrust charges from government officials in the U.S. and such a lawsuit may never materialize, though the Department of Justice wasreportedly granted oversight of the company’s competitive practices in 2019. But even if the government declines to press charges, recent actions in Congress, state legislatures and in private lawsuits demonstrate a significant shift in the American public’s sentiment toward Apple and the tech industry at large.\nWhen the commissionslapped its first record competition fineagainstGooglein 2017, it wasn’t yet clear that the U.S. might be ready to move on from its once-cozy relationship with its booming tech industry. But in 2018, on the heels of the revelations of howFacebookuser data was used by analytics company Cambridge Analytica during the 2016 election, and increasing questions about how tech platforms can impact American democracy, that seemed to change.\nNow, as Europe continues to move forward with its probe into Apple, the U.S. no longer seems to be so far behind.\nHere’s where Apple stands to face risk of antitrust action or regulation in the U.S.:\nDOJ\nThe DOJ has already moved forward with a massive lawsuit against Google, so it could take some time if it decides to ramp up a probe into Apple. Though the DOJ’s Antitrust Division took on oversight authority of Apple in a 2019 agreement with the FTC, according to aWall Street Journal report, the Google investigation has seemed to take priority.\nStill, then-Attorney General Bill Barr announced later that year that the DOJ wouldconduct a broad antitrust review of Big Tech companies.\nAny action from the DOJ or state enforcers would take the form of a settlement or lawsuit, which would put Apple’s fate in the hands of the courts.\nPrivate lawsuits\nApple’s most immediate challenge in the U.S. has come from private companies bringing antitrust charges against its business in court.\nThe most notable of these lawsuits isfrom Fortnite-maker Epic Games, which is set to begin its trial on Monday. Epic filed its lawsuit with a PR blitz afterchallenging Apple’s in-app payment feeby advertising in its app an alternative, cheaper way to buy character outfits from Epic directly, violating Apple’s rules. That prompted Apple to remove Fortnite from its App Store. Epic filed the suit shortly after and Applefiled counterclaimsagainst Epic for allegedly breaching its contract.\n“Although Epic portrays itself as a modern corporate Robin Hood, in reality it is a multi-billion dollar enterprise that simply wants to pay nothing for the tremendous value it derives from the App Store,” Apple said in a filing with the District Court for the Northern District of California in September.\nCongress\nJust last week,several app-makers testified before the Senate Judiciary subcommittee on antitrust about the alleged anti-competitive harms they’ve facedfrom restrictions on both Apple and Google’s app stores.\nRepresentatives from Apple and Google told lawmakers they simply charge for the technology and the work they put into running the app stores, which have significantly lowered distribution costs for app developers over the years.\nBut witnesses from Tinder-ownerMatch Group, item-tracking device-maker Tile and Spotify painted a different picture.\n“We’re all afraid,” Match Group chief legal officer Jared Sine testified of the platforms’ broad power over their businesses.\nThe witnesses discussed the seemingly arbitrary nature by which Apple allegedly enforces its App Store rules. Spotify’s legal chief claimed Apple has threatened retaliation on numerous occasions and Tile’s top lawyer said Apple denied access to a key feature that wouldimprove their object-tracking product, before utilizing it for Apple’s own rival gadget,called AirTag.\nTile said that while Apple now makes the feature available for third-party developers to incorporate, accessing it would mean handing over a significant amount of data and control to Apple. Apple’s representative said its product is different from Tile’s and opening the feature in question will encourage further competition in the space.\nSenators at the hearing seemed receptive to the app developers’ complaints, which build on earlier claims made before House lawmakers. The House Judiciary subcommittee on antitrust found in a more than year-long probe thatAmazon, Apple, Facebook and Googleall hold monopoly power, and lawmakers are currently crafting bills to enable stronger antitrust enforcement of digital markets.\nState Legislatures\nSeveral state legislatures have beenconsidering bills that would require platforms like Apple and Google to allow app-makers to use their own payment processing systems. While the bills have so far hadvarying degrees of successin the early stages of lawmaking, passage in one state could raise a host of questions about how it should be enforced given the ambiguous nature of digital borders.\nThe bills have been supported by the Coalition for App Fairness, a group of companies that have complained about app store fees, including Epic Games, Match Group and Spotify.\nApple has often argued that it maintains features like payments within its own ecosystem in order to protect consumers and secure their data, though app developers and lawmakers have expressed skepticism about that reasoning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101166153,"gmtCreate":1619863342672,"gmtModify":1704335860881,"author":{"id":"3582953628906675","authorId":"3582953628906675","authorIdStr":"3582953628906675","name":"KelvinGKW","avatar":"https://static.tigerbbs.com/fe6a363713eff4ffdf8d213e79d3db93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582953628906675"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101166153","repostId":"1142063705","repostType":4,"repost":{"id":"1142063705","pubTimestamp":1619796118,"share":"https://ttm.financial/m/news/1142063705?lang=&edition=fundamental","pubTime":"2021-04-30 23:21","market":"us","language":"en","title":"Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142063705","media":"CNBC","summary":"For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t t","content":"<div>\n<p>For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.</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\">\nEurope's antitrust crackdown on Apple hints at what's coming for the company in the U.S.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1142063705","content_text":"For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.\nBut when the EU competition policy chief Margrethe Vestagerannounced Friday a preliminary findingthatApplehas abused its dominant power in the distribution of streaming music apps, the U.S. finally seems poised to move in a similar direction.\n“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t think they should have to pay anything for that,” by choosing to object to its 15-30% commission on in-app payments for streaming apps.\nApple isn’t currently facing any antitrust charges from government officials in the U.S. and such a lawsuit may never materialize, though the Department of Justice wasreportedly granted oversight of the company’s competitive practices in 2019. But even if the government declines to press charges, recent actions in Congress, state legislatures and in private lawsuits demonstrate a significant shift in the American public’s sentiment toward Apple and the tech industry at large.\nWhen the commissionslapped its first record competition fineagainstGooglein 2017, it wasn’t yet clear that the U.S. might be ready to move on from its once-cozy relationship with its booming tech industry. But in 2018, on the heels of the revelations of howFacebookuser data was used by analytics company Cambridge Analytica during the 2016 election, and increasing questions about how tech platforms can impact American democracy, that seemed to change.\nNow, as Europe continues to move forward with its probe into Apple, the U.S. no longer seems to be so far behind.\nHere’s where Apple stands to face risk of antitrust action or regulation in the U.S.:\nDOJ\nThe DOJ has already moved forward with a massive lawsuit against Google, so it could take some time if it decides to ramp up a probe into Apple. Though the DOJ’s Antitrust Division took on oversight authority of Apple in a 2019 agreement with the FTC, according to aWall Street Journal report, the Google investigation has seemed to take priority.\nStill, then-Attorney General Bill Barr announced later that year that the DOJ wouldconduct a broad antitrust review of Big Tech companies.\nAny action from the DOJ or state enforcers would take the form of a settlement or lawsuit, which would put Apple’s fate in the hands of the courts.\nPrivate lawsuits\nApple’s most immediate challenge in the U.S. has come from private companies bringing antitrust charges against its business in court.\nThe most notable of these lawsuits isfrom Fortnite-maker Epic Games, which is set to begin its trial on Monday. Epic filed its lawsuit with a PR blitz afterchallenging Apple’s in-app payment feeby advertising in its app an alternative, cheaper way to buy character outfits from Epic directly, violating Apple’s rules. That prompted Apple to remove Fortnite from its App Store. Epic filed the suit shortly after and Applefiled counterclaimsagainst Epic for allegedly breaching its contract.\n“Although Epic portrays itself as a modern corporate Robin Hood, in reality it is a multi-billion dollar enterprise that simply wants to pay nothing for the tremendous value it derives from the App Store,” Apple said in a filing with the District Court for the Northern District of California in September.\nCongress\nJust last week,several app-makers testified before the Senate Judiciary subcommittee on antitrust about the alleged anti-competitive harms they’ve facedfrom restrictions on both Apple and Google’s app stores.\nRepresentatives from Apple and Google told lawmakers they simply charge for the technology and the work they put into running the app stores, which have significantly lowered distribution costs for app developers over the years.\nBut witnesses from Tinder-ownerMatch Group, item-tracking device-maker Tile and Spotify painted a different picture.\n“We’re all afraid,” Match Group chief legal officer Jared Sine testified of the platforms’ broad power over their businesses.\nThe witnesses discussed the seemingly arbitrary nature by which Apple allegedly enforces its App Store rules. Spotify’s legal chief claimed Apple has threatened retaliation on numerous occasions and Tile’s top lawyer said Apple denied access to a key feature that wouldimprove their object-tracking product, before utilizing it for Apple’s own rival gadget,called AirTag.\nTile said that while Apple now makes the feature available for third-party developers to incorporate, accessing it would mean handing over a significant amount of data and control to Apple. Apple’s representative said its product is different from Tile’s and opening the feature in question will encourage further competition in the space.\nSenators at the hearing seemed receptive to the app developers’ complaints, which build on earlier claims made before House lawmakers. The House Judiciary subcommittee on antitrust found in a more than year-long probe thatAmazon, Apple, Facebook and Googleall hold monopoly power, and lawmakers are currently crafting bills to enable stronger antitrust enforcement of digital markets.\nState Legislatures\nSeveral state legislatures have beenconsidering bills that would require platforms like Apple and Google to allow app-makers to use their own payment processing systems. While the bills have so far hadvarying degrees of successin the early stages of lawmaking, passage in one state could raise a host of questions about how it should be enforced given the ambiguous nature of digital borders.\nThe bills have been supported by the Coalition for App Fairness, a group of companies that have complained about app store fees, including Epic Games, Match Group and Spotify.\nApple has often argued that it maintains features like payments within its own ecosystem in order to protect consumers and secure their data, though app developers and lawmakers have expressed skepticism about that reasoning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}