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2021-10-31

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2021-12-13

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2021-12-07

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Stocks linked to the reopening of the economy gained on Monday

2021-11-25

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2021-08-27

Afghanistan is a failed country

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2021-06-30

High and higher

Tech stocks propel S&P 500, Nasdaq to fresh highs

2021-06-14

I prefer Airbus plane

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2021-06-02

Long uptrend

S&P 500 dips, as healthcare weighs; Dow ends higher

2021-05-06

Recovery

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2021-04-11

Ho about Moderna?

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2021-12-26

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A Year After Announcing a Big Partnership, Ocugen Is in a Sorry State

2021-12-06

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Game Stop, Toll Brothers, Costco, CVS, and Other Stocks to Watch This Week

2021-10-21

Go Tesla

Tesla’s earnings show is more cautious — and yes, boring — without Elon around

2021-10-20

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2021-09-14

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Apple App Store: The Tide Is Turning

2021-07-13

Bullish time

Dow narrowly misses first close at 35,000 but all 3 stock indexes log back-to-back record finishes ahead of bank earnings

2021-06-24

Go TESLA

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2021-05-26

Tesla is number 1 in EV

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2021-04-26

Dont forget, May 1'st

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2021-04-09

Covid gone, recoveru up ahead

Asia: Markets mostly down but optimism remains

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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":1640792807,"share":"https://www.laohu8.com/m/news/1149988860?lang=&edition=full","pubTime":"2021-12-29 23:46","market":"us","language":"en","title":"Semiconductor Stocks Mixed in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1149988860","media":"Tiger Newspress","summary":"Semiconductor stocks mixed in morning trading.Micron Technology jumped nearly 3% while Nvidia and AM","content":"<html><head></head><body><p>Semiconductor stocks mixed in morning trading.Micron Technology jumped nearly 3% while Nvidia and AMD fell more than 2%.</p><p><img src=\"https://static.tigerbbs.com/f4d9932e27e7be43b2a47e9900754cd6\" tg-width=\"412\" tg-height=\"177\" width=\"100%\" height=\"auto\"/></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>Semiconductor Stocks Mixed in Morning Trading</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\">\nSemiconductor Stocks Mixed in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-29 23:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Semiconductor stocks mixed in morning trading.Micron Technology jumped nearly 3% while Nvidia and AMD fell more than 2%.</p><p><img src=\"https://static.tigerbbs.com/f4d9932e27e7be43b2a47e9900754cd6\" tg-width=\"412\" tg-height=\"177\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","MU":"美光科技","NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149988860","content_text":"Semiconductor stocks mixed in morning trading.Micron Technology jumped nearly 3% while Nvidia and AMD fell more than 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":646,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696488094,"gmtCreate":1640746961023,"gmtModify":1640747202262,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581036261146444","idStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696488094","repostId":"1186633322","repostType":4,"isVote":1,"tweetType":1,"viewCount":757,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696834903,"gmtCreate":1640659977604,"gmtModify":1640659977797,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581036261146444","idStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696834903","repostId":"1127544468","repostType":4,"isVote":1,"tweetType":1,"viewCount":640,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696088386,"gmtCreate":1640574826053,"gmtModify":1640574826257,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581036261146444","idStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696088386","repostId":"2194177239","repostType":4,"repost":{"id":"2194177239","kind":"news","pubTimestamp":1640559609,"share":"https://www.laohu8.com/m/news/2194177239?lang=&edition=full","pubTime":"2021-12-27 07:00","market":"us","language":"en","title":"Santa Claus Rally watch: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2194177239","media":"Yahoo Finance","summary":"As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for the coming days.The S&P 500  is entering the period known for ushering in the so-called Santa Claus Rally, or seasonally strong timeframe for stocks at the end of each year.According to data from LPL Financial, the Santa Claus Rally period encapsulates the seven days most likely to be higher in any ","content":"<p>As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for the coming days.</p>\n<p>The S&amp;P 500 (^GSPC) is entering the period known for ushering in the so-called Santa Claus Rally, or seasonally strong timeframe for stocks at the end of each year.</p>\n<p>The term, coined by Stock Trader's Almanac in the 1970s, encompasses the final five trading days of the year and first two sessions of the new year. This year, that Santa Claus Rally window is set to start on Monday, Dec. 27 — or the latest a Santa Claus rally has started in 11 years, due to the timing of the holidays this year.</p>\n<p>According to data from LPL Financial, the Santa Claus Rally period encapsulates the seven days most likely to be higher in any given year. Since 1950, the Santa Claus Rally period has produced a positive return for the S&amp;P 500 78.9% of the time, with an average return of 1.33%.</p>\n<p>“Why are these seven days so strong?” wrote Ryan Detrick, LPL Financial chief market strategist, in a note. “Whether optimism over a coming new year, holiday spending, traders on vacation, institutions squaring up their books — or the holiday spirit — the bottom line is that bulls tend to believe in Santa.”</p>\n<p>And if history is any indication, the absence of a Santa Claus Rally has also typically served as a harbinger of lower near-term returns.</p>\n<p>\"Going back to the mid-1990s, there have been only six times Santa failed to show in December. January was lower five of those six times, and the full year had a solid gain only once (in 2016, but a mini-bear market early in the year),\" Detrick added.</p>\n<p>“Considering the bear markets of 2000 and 2008 both took place after <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the rare instances that Santa failed to show makes believers out of us,\" he said. A bear market typically refers to when stocks drop at least 20% from recent record highs. \"Should this seasonally strong period miss the mark, it could be a warning sign.\"</p>\n<p>And this year, investors do have considerable additional concerns to mull heading into the new year. Though stocks closed out Thursday's session at fresh record highs before the long holiday weekend, December still marked a volatile month to start, with renewed concerns over the Omicron variant and the potential for tighter monetary policy from the Federal Reserve weighing on risk assets. Plus, prospects for more near-term fiscal support via the Biden administration's Build Back Better bill have dwindled, and inflation concerns spiked further. Last week, the Bureau of Economic Analysis reported core personal consumption expenditures (PCE) — the Fed's preferred inflation gauge — rose at a 4.7% year-over-year clip, or the fastest since 1983.</p>\n<p>\"If the U.S. was not battling the Omicron variant, U.S. stocks would be dancing higher as the Santa Claus Rally would have kept the climb going into uncharted territory,\" Edward Moya, chief market strategist at OANDA, wrote in a note last week. \"It is too early to say for sure if we will get a Santa Claus Rally, but given all the short-term risks of Fed tightening, Chinese weakness, fiscal support uncertainty and COVID, Wall Street is not complaining.\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1279eeacff5d764e6ff5b3e8f7a24f49\" tg-width=\"4000\" tg-height=\"2667\" referrerpolicy=\"no-referrer\"><span>A man in a Santa Claus costume gestures on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on December 5, 2019 in New York. (Photo by Bryan R. Smith / AFP) (Photo by BRYAN R. SMITH/AFP via Getty Images)BRYAN R. SMITH via Getty Images</span></p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Dallas Federal Reserve Manufacturing Activity Index, Dec. (13.0 expected, 11.8 in November)</p></li>\n <li><p><b>Tuesday: </b>FHFA House Price Index, month-over-month, October (0.9% in September); S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20 City Composite Index, month-over-month, October (0.9% expected, 0.96% in September); S&amp;P CoreLogic Case-Shiller 20 City Composite Index, year-over-year, October (18.6%. expected, 19.05% in September); S&amp;P CoreLogic Case-Shiller Home Price Index, year-over-year, November (19.51% in October); Richmond Fed Manufacturing Index, December (11 expected,11 in November)</p></li>\n <li><p><b>Wednesday: </b>Wholesale Inventories, month-over-month, November preliminary (1.7% expected, 2.3% in October); Advance Goods Trade Balance, November (-$89.0 billion expected, -$82.9 billion in October); Retail Inventories, month-over-month, November (0.5% expected, 0.1% in October); Pending Home Sales, month-over-month, November (0.5% expected, 7.5% in October)</p></li>\n <li><p><b>Thursday: </b>Initial jobless claims, week ended Dec. 25. (205,000 during prior week); Continuing claims, week ended Dec. 18 (1.859 million during prior week); MNI Chicago PMI, December (62.2 expected, 61.8 in November)</p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release</i></p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Tuesday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Wednesday: </b>FuelCell Energy Inc. (FCEL) before market open</p></li>\n <li><p><b>Thursday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release</i></p></li>\n</ul>","source":"yahoofinance_au","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>Santa Claus Rally watch: What to know this week</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\">\nSanta Claus Rally watch: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-27 07:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/santa-claus-rally-watch-what-to-know-this-week-142909627.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/santa-claus-rally-watch-what-to-know-this-week-142909627.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY.AU":"SPDR® S&P 500® ETF Trust","FCEL":"燃料电池能源","BK4541":"氢能源","BK4096":"电气部件与设备"},"source_url":"https://finance.yahoo.com/news/santa-claus-rally-watch-what-to-know-this-week-142909627.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2194177239","content_text":"As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for the coming days.\nThe S&P 500 (^GSPC) is entering the period known for ushering in the so-called Santa Claus Rally, or seasonally strong timeframe for stocks at the end of each year.\nThe term, coined by Stock Trader's Almanac in the 1970s, encompasses the final five trading days of the year and first two sessions of the new year. This year, that Santa Claus Rally window is set to start on Monday, Dec. 27 — or the latest a Santa Claus rally has started in 11 years, due to the timing of the holidays this year.\nAccording to data from LPL Financial, the Santa Claus Rally period encapsulates the seven days most likely to be higher in any given year. Since 1950, the Santa Claus Rally period has produced a positive return for the S&P 500 78.9% of the time, with an average return of 1.33%.\n“Why are these seven days so strong?” wrote Ryan Detrick, LPL Financial chief market strategist, in a note. “Whether optimism over a coming new year, holiday spending, traders on vacation, institutions squaring up their books — or the holiday spirit — the bottom line is that bulls tend to believe in Santa.”\nAnd if history is any indication, the absence of a Santa Claus Rally has also typically served as a harbinger of lower near-term returns.\n\"Going back to the mid-1990s, there have been only six times Santa failed to show in December. January was lower five of those six times, and the full year had a solid gain only once (in 2016, but a mini-bear market early in the year),\" Detrick added.\n“Considering the bear markets of 2000 and 2008 both took place after one of the rare instances that Santa failed to show makes believers out of us,\" he said. A bear market typically refers to when stocks drop at least 20% from recent record highs. \"Should this seasonally strong period miss the mark, it could be a warning sign.\"\nAnd this year, investors do have considerable additional concerns to mull heading into the new year. Though stocks closed out Thursday's session at fresh record highs before the long holiday weekend, December still marked a volatile month to start, with renewed concerns over the Omicron variant and the potential for tighter monetary policy from the Federal Reserve weighing on risk assets. Plus, prospects for more near-term fiscal support via the Biden administration's Build Back Better bill have dwindled, and inflation concerns spiked further. Last week, the Bureau of Economic Analysis reported core personal consumption expenditures (PCE) — the Fed's preferred inflation gauge — rose at a 4.7% year-over-year clip, or the fastest since 1983.\n\"If the U.S. was not battling the Omicron variant, U.S. stocks would be dancing higher as the Santa Claus Rally would have kept the climb going into uncharted territory,\" Edward Moya, chief market strategist at OANDA, wrote in a note last week. \"It is too early to say for sure if we will get a Santa Claus Rally, but given all the short-term risks of Fed tightening, Chinese weakness, fiscal support uncertainty and COVID, Wall Street is not complaining.\"\nA man in a Santa Claus costume gestures on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on December 5, 2019 in New York. (Photo by Bryan R. Smith / AFP) (Photo by BRYAN R. SMITH/AFP via Getty Images)BRYAN R. SMITH via Getty Images\nEconomic calendar\n\nMonday: Dallas Federal Reserve Manufacturing Activity Index, Dec. (13.0 expected, 11.8 in November)\nTuesday: FHFA House Price Index, month-over-month, October (0.9% in September); S&P CoreLogic Case-Shiller 20 City Composite Index, month-over-month, October (0.9% expected, 0.96% in September); S&P CoreLogic Case-Shiller 20 City Composite Index, year-over-year, October (18.6%. expected, 19.05% in September); S&P CoreLogic Case-Shiller Home Price Index, year-over-year, November (19.51% in October); Richmond Fed Manufacturing Index, December (11 expected,11 in November)\nWednesday: Wholesale Inventories, month-over-month, November preliminary (1.7% expected, 2.3% in October); Advance Goods Trade Balance, November (-$89.0 billion expected, -$82.9 billion in October); Retail Inventories, month-over-month, November (0.5% expected, 0.1% in October); Pending Home Sales, month-over-month, November (0.5% expected, 7.5% in October)\nThursday: Initial jobless claims, week ended Dec. 25. (205,000 during prior week); Continuing claims, week ended Dec. 18 (1.859 million during prior week); MNI Chicago PMI, December (62.2 expected, 61.8 in November)\nFriday: No notable reports scheduled for release\n\nEarnings calendar\n\nMonday: No notable reports scheduled for release\nTuesday: No notable reports scheduled for release\nWednesday: FuelCell Energy Inc. (FCEL) before market open\nThursday: No notable reports scheduled for release\nFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":776,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698497035,"gmtCreate":1640486155062,"gmtModify":1640486155220,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581036261146444","idStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/698497035","repostId":"1144001147","repostType":4,"repost":{"id":"1144001147","kind":"news","pubTimestamp":1640485026,"share":"https://www.laohu8.com/m/news/1144001147?lang=&edition=full","pubTime":"2021-12-26 10:17","market":"us","language":"en","title":"A Year After Announcing a Big Partnership, Ocugen Is in a Sorry State","url":"https://stock-news.laohu8.com/highlight/detail?id=1144001147","media":"InvestorPlace","summary":"In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, t","content":"<p>In the last year,&nbsp;<b>Ocugen</b>(NASDAQ:<b><u>OCGN</u></b>) stock is still among the top performers. During this period, the stock has surged by over 500%. The stock’s ascent began after Dec. 21, 2020 — starting from there, the stock is up over 1,600%.</p>\n<p>However, it’s worth noting that OCGN stock was trading well below one dollar before it stitched a partnership with&nbsp;<b>Bharat Biotech</b>. The companies announced plans to begin manufacturing Covid-19 vaccines in the U.S. on Dec. 22 last year.</p>\n<p>Beyond the news of this partnership, there has been little to cheer for investors. OCGN stock traded at all-time highs of $18.77 in February and reached slightly lower peaks in May and November. The stock traded at $5.12 at the start of Dec. 23.</p>\n<p>Ocugen will continue to underperform going forward. Even after the downtrend in the last few months, OCGN stock should be avoided.</p>\n<p>Let’s talk about the reasons to be bearish.</p>\n<p>FDA Approval Remains Elusive</p>\n<p><b>Pfizer</b>(NYSE:<b><u>PFE</u></b>) and&nbsp;<b>Moderna</b>(NASDAQ:<b><u>MRNA</u></b>) have been leaders in the vaccine race in the U.S. In a country where more than 70% of the population has already been vaccinated, Ocugen has yet to secure an approval from the U.S. Food and Drug Administration.</p>\n<p>Back in June, the biotech company’s&nbsp;application for emergency use authorization&nbsp;was rejected by the FDA. The recommendation by the FDA was to file for a biologics license application, which implies full approval.</p>\n<p>In November, Ocugen announced that the FDA has “issued a clinical hold&nbsp;on the Company’s Investigational New Drug application (IND) to evaluate the COVID-19 vaccine candidate.” The FDA will be identifying the specific deficiencies that form a basis for the clinical hold. Once Ocugen addresses these deficiencies, there will be some progress.</p>\n<p>The key point is that it’s been over a year since Ocugen announced the partnership with Bharat Biotech. The company has still been unsuccessful from an approval perspective.</p>\n<p>In July, Ocugen had also initiated a&nbsp;rolling submission to Health Canada&nbsp;for the vaccine. There is no positive news on that front either.</p>\n<p>Let’s imagine a scenario where Ocugen receives an approval for vaccine use in Q1 2022. This is very unlikely. However, even in an optimistic case scenario, Ocugen needs to compete in a market where vaccination percentage is high. There is unlikely to be a case for strong revenue and cash flow growth.</p>\n<p>Can Omicron Provide a Lifeline for OCGN Stock?</p>\n<p>The omicron variant has been a cause of concern for governments globally. Ocugen and partner Bharat Biotech are&nbsp;currently studying the effectiveness&nbsp;of the vaccine against the variant.</p>\n<p>If the vaccine proves to be effective, can it be a game-changer for Ocugen? Most likely, no.</p>\n<p>First and foremost, Moderna has announced that its Covid-19 booster&nbsp;increases neutralizing antibodies 37-fold&nbsp;against Omicron variant.</p>\n<p>Furthermore, Pfizer has announced that a third dose increases the “neutralizing antibody by 25-fold&nbsp;compared to two doses against the Omicron variant.”</p>\n<p>Clearly, the leading vaccine makers have an edge. Even if Ocugen announces that its vaccine is effective against the omicron variant, the stock is unlikely to trend higher.</p>\n<p>People who have already taken two shots of Moderna or Pfizer are unlikely to pursue a booster shot with Ocugen. Additionally, Ocugen is still struggling for approval.</p>\n<p>It’s also worth noting that Ocugen needs to share revenue with Bharat Biotech. The visibility for healthy cash flows is therefore very unlikely.</p>\n<p>OCGN Stock Will Trend Lower</p>\n<p>OCGN stock is likely to continue trending lower in the coming months. Without an approval, the company is rapidly losing out on any revenue and cash flow potential.</p>\n<p>The company is&nbsp;building a pipeline of drugs&nbsp;for various indications. However, the pipeline for various indications is still at a pre-clinical stage.</p>\n<p>The stock trend will therefore be dictated by the outcome of Covid-19 vaccine approval and revenue potential. Things seem bleak on that front.</p>\n<p>It also seems unlikely that Ocugen has a capability to expand the vaccine partnership with Bharat Biotech to other countries.</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>A Year After Announcing a Big Partnership, Ocugen Is in a Sorry State</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\">\nA Year After Announcing a Big Partnership, Ocugen Is in a Sorry State\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-26 10:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, the stock has surged by over 500%. The stock’s ascent began after Dec. 21, 2020 — starting from there...</p>\n\n<a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OCGN":"Ocugen"},"source_url":"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144001147","content_text":"In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, the stock has surged by over 500%. The stock’s ascent began after Dec. 21, 2020 — starting from there, the stock is up over 1,600%.\nHowever, it’s worth noting that OCGN stock was trading well below one dollar before it stitched a partnership with Bharat Biotech. The companies announced plans to begin manufacturing Covid-19 vaccines in the U.S. on Dec. 22 last year.\nBeyond the news of this partnership, there has been little to cheer for investors. OCGN stock traded at all-time highs of $18.77 in February and reached slightly lower peaks in May and November. The stock traded at $5.12 at the start of Dec. 23.\nOcugen will continue to underperform going forward. Even after the downtrend in the last few months, OCGN stock should be avoided.\nLet’s talk about the reasons to be bearish.\nFDA Approval Remains Elusive\nPfizer(NYSE:PFE) and Moderna(NASDAQ:MRNA) have been leaders in the vaccine race in the U.S. In a country where more than 70% of the population has already been vaccinated, Ocugen has yet to secure an approval from the U.S. Food and Drug Administration.\nBack in June, the biotech company’s application for emergency use authorization was rejected by the FDA. The recommendation by the FDA was to file for a biologics license application, which implies full approval.\nIn November, Ocugen announced that the FDA has “issued a clinical hold on the Company’s Investigational New Drug application (IND) to evaluate the COVID-19 vaccine candidate.” The FDA will be identifying the specific deficiencies that form a basis for the clinical hold. Once Ocugen addresses these deficiencies, there will be some progress.\nThe key point is that it’s been over a year since Ocugen announced the partnership with Bharat Biotech. The company has still been unsuccessful from an approval perspective.\nIn July, Ocugen had also initiated a rolling submission to Health Canada for the vaccine. There is no positive news on that front either.\nLet’s imagine a scenario where Ocugen receives an approval for vaccine use in Q1 2022. This is very unlikely. However, even in an optimistic case scenario, Ocugen needs to compete in a market where vaccination percentage is high. There is unlikely to be a case for strong revenue and cash flow growth.\nCan Omicron Provide a Lifeline for OCGN Stock?\nThe omicron variant has been a cause of concern for governments globally. Ocugen and partner Bharat Biotech are currently studying the effectiveness of the vaccine against the variant.\nIf the vaccine proves to be effective, can it be a game-changer for Ocugen? Most likely, no.\nFirst and foremost, Moderna has announced that its Covid-19 booster increases neutralizing antibodies 37-fold against Omicron variant.\nFurthermore, Pfizer has announced that a third dose increases the “neutralizing antibody by 25-fold compared to two doses against the Omicron variant.”\nClearly, the leading vaccine makers have an edge. Even if Ocugen announces that its vaccine is effective against the omicron variant, the stock is unlikely to trend higher.\nPeople who have already taken two shots of Moderna or Pfizer are unlikely to pursue a booster shot with Ocugen. Additionally, Ocugen is still struggling for approval.\nIt’s also worth noting that Ocugen needs to share revenue with Bharat Biotech. The visibility for healthy cash flows is therefore very unlikely.\nOCGN Stock Will Trend Lower\nOCGN stock is likely to continue trending lower in the coming months. Without an approval, the company is rapidly losing out on any revenue and cash flow potential.\nThe company is building a pipeline of drugs for various indications. However, the pipeline for various indications is still at a pre-clinical stage.\nThe stock trend will therefore be dictated by the outcome of Covid-19 vaccine approval and revenue potential. Things seem bleak on that front.\nIt also seems unlikely that Ocugen has a capability to expand the vaccine partnership with Bharat Biotech to other countries.","news_type":1},"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698234612,"gmtCreate":1640402068834,"gmtModify":1640402188454,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581036261146444","idStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698234612","repostId":"1156159690","repostType":4,"isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698104348,"gmtCreate":1640313168088,"gmtModify":1640313844352,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581036261146444","idStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698104348","repostId":"2193078140","repostType":4,"isVote":1,"tweetType":1,"viewCount":700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698030995,"gmtCreate":1640256833016,"gmtModify":1640256833207,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581036261146444","idStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698030995","repostId":"1188509070","repostType":4,"repost":{"id":"1188509070","kind":"news","pubTimestamp":1640255099,"share":"https://www.laohu8.com/m/news/1188509070?lang=&edition=full","pubTime":"2021-12-23 18:24","market":"us","language":"en","title":"U.S. Stock Futures Edge Up Ahead of Inflation, Jobless Data","url":"https://stock-news.laohu8.com/highlight/detail?id=1188509070","media":"Wall Street Journal","summary":"U.S. stock futures crept higher ahead of fresh inflation and consumer-spending data that are set to ","content":"<p>U.S. stock futures crept higher ahead of fresh inflation and consumer-spending data that are set to continue shaping monetary policy into next year.</p>\n<p>Futures for the S&amp;P 500 gained 0.2% Thursday. The index&nbsp;climbed for a second day Wednesday&nbsp;as strong economic data helped ease investors’ concerns about the risks posed by Covid-19 and inflation. Contracts for the tech-focused Nasdaq-100 were up 0.1% Thursday, and futures for the Dow Jones Industrial Average added 0.3%.</p>\n<p>In premarket trading, shares of&nbsp;Novavax&nbsp;gained 5.3% after it said its two-dose Covid-19 vaccine demonstrated “strong immune responses” against&nbsp;Omicron and other variants.</p>\n<p>The Commerce Department is slated to release fresh figures on consumer spending and a key measure of inflation at 8:30 a.m. ET. Economists estimate that core inflation, which excludes often volatile food and energy prices, rose at the fastest annual pace in almost four decades in November. U.S. consumer spending likely increased in November, boosted by job gains and rising wages, high levels of household saving and inflationary pressures.</p>\n<p>Strong inflation data earlier in December helped prompt the Federal Reserve to accelerate awinding down of its pandemic-era stimulus. Brisk demand for goods, disrupted supply chains, temporary shortages and a rebound in travel have pushed inflation higher. Investors and central bankers are worried that&nbsp;the Omicron variant&nbsp;could add additional pressure to inflation.</p>\n<p>“Inflation is center stage for a lot of people,” said Andrew Cole, head of multiasset in London at Pictet Asset Management. “Inflation is widely expected to peak, if not in the first quarter, the first half of next year. You might have to wait until the second half of next year for central banks to relax.”</p>\n<p>Higher inflation and low yields on government bonds have dissuaded some investors from holding them this year, due to diminished returns on keeping them to maturity. In bond markets, the yield on the benchmark 10-year Treasury note ticked up to 1.469% Thursday from 1.457% Wednesday. Yields rise when prices fall.</p>\n<p>Fresh U.S. jobless claims data are also due at 8:30 a.m. Economists expect first-time applications for unemployment benefits, a proxy for layoffs, to remain exceptionally low in the week ended Dec. 18, as employers try to hold on to workers.</p>\n<p>Overseas, the Stoxx Europe 600 rose 0.4%. Major stock indexes in Asia closed higher, with China’s Shanghai Composite gaining 0.6% and South Korea’s Kospi up 0.5%. Japan’s Nikkei 225 added 0.8%.</p>\n<p>Shares of&nbsp;JD.com&nbsp;fell 7% in Hong Kong trading after Chinese social-media giant&nbsp;Tencent Holdings&nbsp;said it was shedding&nbsp;most of its stake in the online retailer. Shares of Tencent rose 4.2%. Hong Kong’s broader Hang Seng Index gained 0.4%.</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>U.S. Stock Futures Edge Up Ahead of Inflation, Jobless Data</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\">\nU.S. Stock Futures Edge Up Ahead of Inflation, Jobless Data\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-23 18:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/global-stock-markets-dow-update-12-23-2021-11640248354?mod=markets_lead_pos2><strong>Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stock futures crept higher ahead of fresh inflation and consumer-spending data that are set to continue shaping monetary policy into next year.\nFutures for the S&P 500 gained 0.2% Thursday. The ...</p>\n\n<a href=\"https://www.wsj.com/articles/global-stock-markets-dow-update-12-23-2021-11640248354?mod=markets_lead_pos2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/global-stock-markets-dow-update-12-23-2021-11640248354?mod=markets_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188509070","content_text":"U.S. stock futures crept higher ahead of fresh inflation and consumer-spending data that are set to continue shaping monetary policy into next year.\nFutures for the S&P 500 gained 0.2% Thursday. The index climbed for a second day Wednesday as strong economic data helped ease investors’ concerns about the risks posed by Covid-19 and inflation. Contracts for the tech-focused Nasdaq-100 were up 0.1% Thursday, and futures for the Dow Jones Industrial Average added 0.3%.\nIn premarket trading, shares of Novavax gained 5.3% after it said its two-dose Covid-19 vaccine demonstrated “strong immune responses” against Omicron and other variants.\nThe Commerce Department is slated to release fresh figures on consumer spending and a key measure of inflation at 8:30 a.m. ET. Economists estimate that core inflation, which excludes often volatile food and energy prices, rose at the fastest annual pace in almost four decades in November. U.S. consumer spending likely increased in November, boosted by job gains and rising wages, high levels of household saving and inflationary pressures.\nStrong inflation data earlier in December helped prompt the Federal Reserve to accelerate awinding down of its pandemic-era stimulus. Brisk demand for goods, disrupted supply chains, temporary shortages and a rebound in travel have pushed inflation higher. Investors and central bankers are worried that the Omicron variant could add additional pressure to inflation.\n“Inflation is center stage for a lot of people,” said Andrew Cole, head of multiasset in London at Pictet Asset Management. “Inflation is widely expected to peak, if not in the first quarter, the first half of next year. You might have to wait until the second half of next year for central banks to relax.”\nHigher inflation and low yields on government bonds have dissuaded some investors from holding them this year, due to diminished returns on keeping them to maturity. In bond markets, the yield on the benchmark 10-year Treasury note ticked up to 1.469% Thursday from 1.457% Wednesday. Yields rise when prices fall.\nFresh U.S. jobless claims data are also due at 8:30 a.m. Economists expect first-time applications for unemployment benefits, a proxy for layoffs, to remain exceptionally low in the week ended Dec. 18, as employers try to hold on to workers.\nOverseas, the Stoxx Europe 600 rose 0.4%. Major stock indexes in Asia closed higher, with China’s Shanghai Composite gaining 0.6% and South Korea’s Kospi up 0.5%. Japan’s Nikkei 225 added 0.8%.\nShares of JD.com fell 7% in Hong Kong trading after Chinese social-media giant Tencent Holdings said it was shedding most of its stake in the online retailer. Shares of Tencent rose 4.2%. Hong Kong’s broader Hang Seng Index gained 0.4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":553,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691870704,"gmtCreate":1640175430808,"gmtModify":1640175431388,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581036261146444","idStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691870704","repostId":"1129551297","repostType":4,"repost":{"id":"1129551297","kind":"news","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":1640174131,"share":"https://www.laohu8.com/m/news/1129551297?lang=&edition=full","pubTime":"2021-12-22 19:55","market":"us","language":"en","title":"Red Cat shares surged 30,6% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1129551297","media":"Tiger Newspress","summary":"Red Cat shares surged 30,6% in premarket trading.\nRed Cat Holdings says that its subsidiary Teal Dro","content":"<p>Red Cat&nbsp;shares&nbsp;surged&nbsp;30,6%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/2dd69670debdab888c7690ec04df3cbf\" tg-width=\"717\" tg-height=\"597\" width=\"100%\" height=\"auto\"></p>\n<p>Red Cat Holdings&nbsp;says that its subsidiary Teal Drones has been&nbsp;awarded&nbsp;a firm-fixed-price, multiple award blanket purchase agreement(BPA) by the United States Customs and Border Protection as one of five contractors.</p>\n<p>The BPA has an estimated value of $90 million in total over a 5-year ordering period.</p>\n<p>Through the BPA, Department of Homeland Security agencies can place orders for unmanned aircraft systems.</p>\n<p>The drones will provide supplemental airborne reconnaissance, surveillance, and tracking capability.</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>Red Cat shares surged 30,6% in premarket trading</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\">\nRed Cat shares surged 30,6% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-22 19:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Red Cat&nbsp;shares&nbsp;surged&nbsp;30,6%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/2dd69670debdab888c7690ec04df3cbf\" tg-width=\"717\" tg-height=\"597\" width=\"100%\" height=\"auto\"></p>\n<p>Red Cat Holdings&nbsp;says that its subsidiary Teal Drones has been&nbsp;awarded&nbsp;a firm-fixed-price, multiple award blanket purchase agreement(BPA) by the United States Customs and Border Protection as one of five contractors.</p>\n<p>The BPA has an estimated value of $90 million in total over a 5-year ordering period.</p>\n<p>Through the BPA, Department of Homeland Security agencies can place orders for unmanned aircraft systems.</p>\n<p>The drones will provide supplemental airborne reconnaissance, surveillance, and tracking capability.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RCAT":"Red Cat Holdings Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129551297","content_text":"Red Cat shares surged 30,6% in premarket trading.\nRed Cat Holdings says that its subsidiary Teal Drones has been awarded a firm-fixed-price, multiple award blanket purchase agreement(BPA) by the United States Customs and Border Protection as one of five contractors.\nThe BPA has an estimated value of $90 million in total over a 5-year ordering period.\nThrough the BPA, Department of Homeland Security agencies can place orders for unmanned aircraft systems.\nThe drones will provide supplemental airborne reconnaissance, surveillance, and tracking capability.","news_type":1},"isVote":1,"tweetType":1,"viewCount":804,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693747941,"gmtCreate":1640089925284,"gmtModify":1640089925439,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581036261146444","idStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693747941","repostId":"1180762572","repostType":4,"isVote":1,"tweetType":1,"viewCount":599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":840218409,"gmtCreate":1635648974062,"gmtModify":1635648974062,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/840218409","repostId":"2179226336","repostType":4,"isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604318127,"gmtCreate":1639348552659,"gmtModify":1639348552820,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604318127","repostId":"2190679207","repostType":4,"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606959164,"gmtCreate":1638826395446,"gmtModify":1638826479229,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/606959164","repostId":"1189410190","repostType":4,"repost":{"id":"1189410190","kind":"news","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":1638804387,"share":"https://www.laohu8.com/m/news/1189410190?lang=&edition=full","pubTime":"2021-12-06 23:26","market":"us","language":"en","title":"Stocks linked to the reopening of the economy gained on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1189410190","media":"Tiger Newspress","summary":"Stocks linked to the reopening of the economy gained on Monday.Airlines,Cruise lines and travel book","content":"<p>Stocks linked to the reopening of the economy gained on Monday.Airlines,Cruise lines&nbsp;and&nbsp;travel booking stocks&nbsp;jumped&nbsp;in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/651aa4b1311ccf3c19aeb54b31cfa75d\" tg-width=\"410\" tg-height=\"485\" referrerpolicy=\"no-referrer\"><img 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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; 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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\">\nStocks linked to the reopening of the economy gained on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-06 23:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stocks linked to the reopening of the economy gained on Monday.Airlines,Cruise lines&nbsp;and&nbsp;travel booking stocks&nbsp;jumped&nbsp;in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/651aa4b1311ccf3c19aeb54b31cfa75d\" tg-width=\"410\" tg-height=\"485\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/f544513dbaea07f8bfb6ef95f4787209\" tg-width=\"416\" tg-height=\"188\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/f38b5565430c470461254d0b06da3752\" tg-width=\"405\" tg-height=\"178\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎","JBLU":"捷蓝航空","LUV":"西南航空","BA":"波音","CCL":"嘉年华邮轮","EXPE":"Expedia","RCL":"皇家加勒比邮轮","UAL":"联合大陆航空","NCLH":"挪威邮轮","SAVE":"Spirit Airlines","DAL":"达美航空","AAL":"美国航空","ALK":"阿拉斯加航空集团有限公司","BKNG":"Booking Holdings"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189410190","content_text":"Stocks linked to the reopening of the economy gained on Monday.Airlines,Cruise lines and travel booking stocks jumped in morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877092337,"gmtCreate":1637836536399,"gmtModify":1637836536463,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877092337","repostId":"2185354679","repostType":4,"isVote":1,"tweetType":1,"viewCount":471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":819304492,"gmtCreate":1630031808816,"gmtModify":1704954892855,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"Afghanistan is a failed country","listText":"Afghanistan is a failed country","text":"Afghanistan is a failed country","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/819304492","repostId":"2162847016","repostType":4,"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153278239,"gmtCreate":1625030402421,"gmtModify":1633945622174,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"High and higher","listText":"High and higher","text":"High and higher","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/153278239","repostId":"1122418477","repostType":4,"repost":{"id":"1122418477","kind":"news","pubTimestamp":1625008161,"share":"https://www.laohu8.com/m/news/1122418477?lang=&edition=full","pubTime":"2021-06-30 07:09","market":"us","language":"en","title":"Tech stocks propel S&P 500, Nasdaq to fresh highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1122418477","media":"CNBC","summary":"The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.The broad market index ticked up less than 0.1% to 4,291.80, good enough for its fourth-straight record close. The Dow Jones Industrial Average finished with a gain of about 9 points after being up more than 100 points earlier in the session, closing at 34,292.29. The tech-heavy Nasdaq Composite added ab","content":"<div>\n<p>The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.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>Tech stocks propel S&P 500, Nasdaq to fresh highs</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\">\nTech stocks propel S&P 500, Nasdaq to fresh highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 07:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1122418477","content_text":"The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.\nThe broad market index ticked up less than 0.1% to 4,291.80, good enough for its fourth-straight record close. The Dow Jones Industrial Average finished with a gain of about 9 points after being up more than 100 points earlier in the session, closing at 34,292.29. The tech-heavy Nasdaq Composite added about 0.2% for its own record of 14,528.33.\nHomebuilder stocks moved higher after S&P Case-Shiller saidhome prices rose more than 14% in Aprilcompared to the prior year. Five U.S. cities, including Seattle, saw their largest annual increase on record. Shares of PulteGroup rose 2%.\nSemiconductor stocks gained strength later in the session, with Skyworks and Advanced Micro Devices climbing 4.5% and 2.8%, respectively. General Electric boosted the industrials sector, rising over 1% afterGoldman Sachs named the stock a top idea.\nThe market has churned out a series of record highs in recent weeks, but the gains have been relatively modest and some strategists have pointed to weak market breadth, measured by the performance of the average stock and the number of individual names making new highs, as a potential area of concern.\nOn Tuesday, there were slightly more declining stocks in the S&P 500 than those that rose during the session.\nHowever, the diminished breadth and volatility could simply be a natural pause during the summer months ahead of the busy earnings season in July, said Bill McMahon, the chief investment officer for active equity strategies at Charles Schwab Investment Management.\n\"I think people are in a little bit of a wait-and-see mode, so it's not surprising to see volatility decline and breadth worsen a tad,\" McMahon said, adding that concern about the spreading Delta variant of Covid-19 could also be weighing on stocks.\nShares of Morgan Stanley jumped more than 3% after the bank said it willdouble its quarterly dividend. The bank also announced a $12 billion stock buyback program. The announcement follows last week's stress tests by the Federal Reserve, which all 23 major banks passed. However, some other bank stocks gave up early gains and weighed on the broader indexes despite increasing their own payout plans.\nThe Conference Board's consumer confidence reading for June came in higher than expected, adding to the bullish readings about the economic recovery.\nWith the market entering the final trading days of June and the second quarter, the S&P 500 is on track to register its fifth straight month of gains. The Nasdaq is pacing for its seventh positive month in the last eight. The Dow, however, is in the red for the month, and on track to snap a four-month winning streak.\nSo far in 2021, the S&P 500 has added 14%, while the Nasdaq has added more than 12% with the Dow close behind.\nJPMorgan quantitative strategist Dubravkos Lakos-Bujas said on CNBC's \"Squawk Box\" that the market appeared to have near-term upside.\n\"The growth policy backdrop in our opinion still remains supportive for risk assets in general, certainly including equities. At the same time, the positioning is not really stretched to where we are in a problematic territory. So we do think there is still a runway. ... The summer period, the next two months, is where I think the market continues to break out,\" the strategist said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185726981,"gmtCreate":1623674617943,"gmtModify":1634030275081,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"I prefer Airbus plane","listText":"I prefer Airbus plane","text":"I prefer Airbus plane","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":1,"link":"https://laohu8.com/post/185726981","repostId":"2143782907","repostType":4,"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113625354,"gmtCreate":1622612613278,"gmtModify":1634099925242,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"Long uptrend","listText":"Long uptrend","text":"Long uptrend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/113625354","repostId":"1106176005","repostType":4,"repost":{"id":"1106176005","kind":"news","pubTimestamp":1622588821,"share":"https://www.laohu8.com/m/news/1106176005?lang=&edition=full","pubTime":"2021-06-02 07:07","market":"us","language":"en","title":"S&P 500 dips, as healthcare weighs; Dow ends higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1106176005","media":"Reuters","summary":"The S&P 500dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation.The S&P 500 financial sectorhit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector3.9%, its biggest $one$-day gain in nearly four months. The heavyweight tech sectorfell while the healthcare sectorwas dragged down by a weak profit forec","content":"<p>The S&amp;P 500(.SPX)dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation.</p><p>The S&amp;P 500 financial sector(.SPSY)hit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector(.SPNY)3.9%, its biggest <a href=\"https://laohu8.com/S/AONE\">one</a>-day gain in nearly four months. The heavyweight tech sector(.SPLRCT)fell while the healthcare sector(.SPXHC)was dragged down by a weak profit forecast from <a href=\"https://laohu8.com/S/ABT\">Abbott Laboratories</a>(ABT.N).</p><p>Data showed U.S.manufacturing activity pickedup in May as pent-up demand in a reopening economy boosted orders. But unfinished work piled up because of shortages of raw materials and labor.</p><p>\"People came back from a holiday weekend convinced that the economy is recovering nicely and that any inflation that we might be seeing in labor and other costs is temporary,\" Peter Tuz, president of <a href=\"https://laohu8.com/S/CCF\">Chase</a> Investment Counsel in Charlottesville, Virginia.</p><p>The Dow Jones Industrial Average(.DJI)rose 45.86 points, or 0.13%, to 34,575.31; the S&amp;P 500(.SPX)lost 2.07 points, or 0.05%, at 4,202.04; and the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Composite(.IXIC)dropped 12.26 points, or 0.09%, to 13,736.48.</p><p>Along with sharp gains for financials and energy, the small-cap Russell 2000(.RUT)rose 1.1% on Tuesday, underscoring strength for segments of the stock market expected to do particularly well in an expanding economy.</p><p>While the S&amp;P 500 remains less than 1% of its record high after four straight months of gains, investors are worried about whether rising inflation could hit equity prices.</p><p>\"We have supply chain issues, delays, price increases, pricing pressures in general, we have got employers saying they have got difficulty sourcing labor,\" said Kristina Hooper, chief global market strategist at <a href=\"https://laohu8.com/S/IVZ\">Invesco</a> in <a href=\"https://laohu8.com/S/NWY\">New York</a>.</p><p>\"So this is a microcosm of what we are already hearing about and seeing in the overall economy and it's just a reminder that inflation remains a concern.\"</p><p>A Wall St. sign is seen near the <a href=\"https://laohu8.com/S/NYRT\">New York</a> Stock Exchange (NYSE) in <a href=\"https://laohu8.com/S/NGD\">New</a> York <a href=\"https://laohu8.com/S/CHCO\">City</a>, U.S., May 4, 2021. REUTERS/Brendan McDermid/File Photo</p><p>Stock markets on Friday brushed off a surge inkey inflation readingsfor April following reassurances from Federal Reserve officials that the central bank’s ultra-loose monetary policy would remain in place.</p><p>Minneapolis Federal Reserve Bank President Neel Kashkari and Fed Vice Chair for supervision Randal Quarles on Tuesday reiterated the view that higher prices would be transitory.</p><p>This week's focus will be on a raft of economic data, culminating with U.S. payrolls due on Friday.</p><p>Abbott Labs shares fell 9.3% after the company cut itsfull-year 2021 profit forecast, citing expectations for a sharp decline in revenue from its COVID-19 tests as more Americans get vaccinated. Shares of other test makers also fell.</p><p>Cloudera Inc(CLDR.N)shares jumped 23.9% after private equity firms KKR &amp; Co(KKR.N)and Clayton Dubilier &amp; Rice LLCagreed to take the data analytics firm private.</p><p>A group of“meme stocks” extended gainsfrom the previous week, with shares of <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings Inc(AMC.N)up 22.7% after the movie theater chain said it sold $230 million of its stock.</p><p>Advancing issues outnumbered decliners on the NYSE by a 2.54-to-1 ratio; on <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>, a 1.79-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 73 new 52-week highs and no new lows; the Nasdaq Composite recorded 168 new highs and 25 new lows.</p><p>About 10.7 billion shares changed hands in U.S. exchanges, compared with the 10.5 billion daily average over the last 20 sessions.</p><p><b>Here are company's financial statements：</b></p><p><a href=\"https://laohu8.com/NW/1184181912\" target=\"_blank\"><b>Zoom reports blowout earnings but warns of a coming slowdown</b></a></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>S&P 500 dips, as healthcare weighs; Dow ends higher</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; 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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\">\nS&P 500 dips, as healthcare weighs; Dow ends higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 07:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/sp-500-dips-healthcare-weighs-dow-ends-higher-2021-06-01/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500(.SPX)dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest U.S. economic data for signs of a rebound and ...</p>\n\n<a href=\"https://www.reuters.com/business/sp-500-dips-healthcare-weighs-dow-ends-higher-2021-06-01/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SDS":"两倍做空标普500ETF","UPRO":"三倍做多标普500ETF","SPY":"标普500ETF","IVV":"标普500指数ETF","OEF":"标普100指数ETF-iShares","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","OEX":"标普100"},"source_url":"https://www.reuters.com/business/sp-500-dips-healthcare-weighs-dow-ends-higher-2021-06-01/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106176005","content_text":"The S&P 500(.SPX)dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation.The S&P 500 financial sector(.SPSY)hit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector(.SPNY)3.9%, its biggest one-day gain in nearly four months. The heavyweight tech sector(.SPLRCT)fell while the healthcare sector(.SPXHC)was dragged down by a weak profit forecast from Abbott Laboratories(ABT.N).Data showed U.S.manufacturing activity pickedup in May as pent-up demand in a reopening economy boosted orders. But unfinished work piled up because of shortages of raw materials and labor.\"People came back from a holiday weekend convinced that the economy is recovering nicely and that any inflation that we might be seeing in labor and other costs is temporary,\" Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia.The Dow Jones Industrial Average(.DJI)rose 45.86 points, or 0.13%, to 34,575.31; the S&P 500(.SPX)lost 2.07 points, or 0.05%, at 4,202.04; and the Nasdaq Composite(.IXIC)dropped 12.26 points, or 0.09%, to 13,736.48.Along with sharp gains for financials and energy, the small-cap Russell 2000(.RUT)rose 1.1% on Tuesday, underscoring strength for segments of the stock market expected to do particularly well in an expanding economy.While the S&P 500 remains less than 1% of its record high after four straight months of gains, investors are worried about whether rising inflation could hit equity prices.\"We have supply chain issues, delays, price increases, pricing pressures in general, we have got employers saying they have got difficulty sourcing labor,\" said Kristina Hooper, chief global market strategist at Invesco in New York.\"So this is a microcosm of what we are already hearing about and seeing in the overall economy and it's just a reminder that inflation remains a concern.\"A Wall St. sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2021. REUTERS/Brendan McDermid/File PhotoStock markets on Friday brushed off a surge inkey inflation readingsfor April following reassurances from Federal Reserve officials that the central bank’s ultra-loose monetary policy would remain in place.Minneapolis Federal Reserve Bank President Neel Kashkari and Fed Vice Chair for supervision Randal Quarles on Tuesday reiterated the view that higher prices would be transitory.This week's focus will be on a raft of economic data, culminating with U.S. payrolls due on Friday.Abbott Labs shares fell 9.3% after the company cut itsfull-year 2021 profit forecast, citing expectations for a sharp decline in revenue from its COVID-19 tests as more Americans get vaccinated. Shares of other test makers also fell.Cloudera Inc(CLDR.N)shares jumped 23.9% after private equity firms KKR & Co(KKR.N)and Clayton Dubilier & Rice LLCagreed to take the data analytics firm private.A group of“meme stocks” extended gainsfrom the previous week, with shares of AMC Entertainment Holdings Inc(AMC.N)up 22.7% after the movie theater chain said it sold $230 million of its stock.Advancing issues outnumbered decliners on the NYSE by a 2.54-to-1 ratio; on Nasdaq, a 1.79-to-1 ratio favored advancers.The S&P 500 posted 73 new 52-week highs and no new lows; the Nasdaq Composite recorded 168 new highs and 25 new lows.About 10.7 billion shares changed hands in U.S. exchanges, compared with the 10.5 billion daily average over the last 20 sessions.Here are company's financial statements：Zoom reports blowout earnings but warns of a coming slowdown","news_type":1},"isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105979131,"gmtCreate":1620266602623,"gmtModify":1634206518536,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"Recovery","listText":"Recovery","text":"Recovery","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/105979131","repostId":"2133652936","repostType":4,"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346430507,"gmtCreate":1618100083509,"gmtModify":1634294941857,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"Ho about Moderna?","listText":"Ho about Moderna?","text":"Ho about Moderna?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/346430507","repostId":"2126038125","repostType":4,"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":698497035,"gmtCreate":1640486155062,"gmtModify":1640486155220,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/698497035","repostId":"1144001147","repostType":4,"repost":{"id":"1144001147","kind":"news","pubTimestamp":1640485026,"share":"https://www.laohu8.com/m/news/1144001147?lang=&edition=full","pubTime":"2021-12-26 10:17","market":"us","language":"en","title":"A Year After Announcing a Big Partnership, Ocugen Is in a Sorry State","url":"https://stock-news.laohu8.com/highlight/detail?id=1144001147","media":"InvestorPlace","summary":"In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, t","content":"<p>In the last year,&nbsp;<b>Ocugen</b>(NASDAQ:<b><u>OCGN</u></b>) stock is still among the top performers. During this period, the stock has surged by over 500%. The stock’s ascent began after Dec. 21, 2020 — starting from there, the stock is up over 1,600%.</p>\n<p>However, it’s worth noting that OCGN stock was trading well below one dollar before it stitched a partnership with&nbsp;<b>Bharat Biotech</b>. The companies announced plans to begin manufacturing Covid-19 vaccines in the U.S. on Dec. 22 last year.</p>\n<p>Beyond the news of this partnership, there has been little to cheer for investors. OCGN stock traded at all-time highs of $18.77 in February and reached slightly lower peaks in May and November. The stock traded at $5.12 at the start of Dec. 23.</p>\n<p>Ocugen will continue to underperform going forward. Even after the downtrend in the last few months, OCGN stock should be avoided.</p>\n<p>Let’s talk about the reasons to be bearish.</p>\n<p>FDA Approval Remains Elusive</p>\n<p><b>Pfizer</b>(NYSE:<b><u>PFE</u></b>) and&nbsp;<b>Moderna</b>(NASDAQ:<b><u>MRNA</u></b>) have been leaders in the vaccine race in the U.S. In a country where more than 70% of the population has already been vaccinated, Ocugen has yet to secure an approval from the U.S. Food and Drug Administration.</p>\n<p>Back in June, the biotech company’s&nbsp;application for emergency use authorization&nbsp;was rejected by the FDA. The recommendation by the FDA was to file for a biologics license application, which implies full approval.</p>\n<p>In November, Ocugen announced that the FDA has “issued a clinical hold&nbsp;on the Company’s Investigational New Drug application (IND) to evaluate the COVID-19 vaccine candidate.” The FDA will be identifying the specific deficiencies that form a basis for the clinical hold. Once Ocugen addresses these deficiencies, there will be some progress.</p>\n<p>The key point is that it’s been over a year since Ocugen announced the partnership with Bharat Biotech. The company has still been unsuccessful from an approval perspective.</p>\n<p>In July, Ocugen had also initiated a&nbsp;rolling submission to Health Canada&nbsp;for the vaccine. There is no positive news on that front either.</p>\n<p>Let’s imagine a scenario where Ocugen receives an approval for vaccine use in Q1 2022. This is very unlikely. However, even in an optimistic case scenario, Ocugen needs to compete in a market where vaccination percentage is high. There is unlikely to be a case for strong revenue and cash flow growth.</p>\n<p>Can Omicron Provide a Lifeline for OCGN Stock?</p>\n<p>The omicron variant has been a cause of concern for governments globally. Ocugen and partner Bharat Biotech are&nbsp;currently studying the effectiveness&nbsp;of the vaccine against the variant.</p>\n<p>If the vaccine proves to be effective, can it be a game-changer for Ocugen? Most likely, no.</p>\n<p>First and foremost, Moderna has announced that its Covid-19 booster&nbsp;increases neutralizing antibodies 37-fold&nbsp;against Omicron variant.</p>\n<p>Furthermore, Pfizer has announced that a third dose increases the “neutralizing antibody by 25-fold&nbsp;compared to two doses against the Omicron variant.”</p>\n<p>Clearly, the leading vaccine makers have an edge. Even if Ocugen announces that its vaccine is effective against the omicron variant, the stock is unlikely to trend higher.</p>\n<p>People who have already taken two shots of Moderna or Pfizer are unlikely to pursue a booster shot with Ocugen. Additionally, Ocugen is still struggling for approval.</p>\n<p>It’s also worth noting that Ocugen needs to share revenue with Bharat Biotech. The visibility for healthy cash flows is therefore very unlikely.</p>\n<p>OCGN Stock Will Trend Lower</p>\n<p>OCGN stock is likely to continue trending lower in the coming months. Without an approval, the company is rapidly losing out on any revenue and cash flow potential.</p>\n<p>The company is&nbsp;building a pipeline of drugs&nbsp;for various indications. However, the pipeline for various indications is still at a pre-clinical stage.</p>\n<p>The stock trend will therefore be dictated by the outcome of Covid-19 vaccine approval and revenue potential. Things seem bleak on that front.</p>\n<p>It also seems unlikely that Ocugen has a capability to expand the vaccine partnership with Bharat Biotech to other countries.</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>A Year After Announcing a Big Partnership, Ocugen Is in a Sorry State</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\">\nA Year After Announcing a Big Partnership, Ocugen Is in a Sorry State\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-26 10:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, the stock has surged by over 500%. The stock’s ascent began after Dec. 21, 2020 — starting from there...</p>\n\n<a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OCGN":"Ocugen"},"source_url":"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144001147","content_text":"In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, the stock has surged by over 500%. The stock’s ascent began after Dec. 21, 2020 — starting from there, the stock is up over 1,600%.\nHowever, it’s worth noting that OCGN stock was trading well below one dollar before it stitched a partnership with Bharat Biotech. The companies announced plans to begin manufacturing Covid-19 vaccines in the U.S. on Dec. 22 last year.\nBeyond the news of this partnership, there has been little to cheer for investors. OCGN stock traded at all-time highs of $18.77 in February and reached slightly lower peaks in May and November. The stock traded at $5.12 at the start of Dec. 23.\nOcugen will continue to underperform going forward. Even after the downtrend in the last few months, OCGN stock should be avoided.\nLet’s talk about the reasons to be bearish.\nFDA Approval Remains Elusive\nPfizer(NYSE:PFE) and Moderna(NASDAQ:MRNA) have been leaders in the vaccine race in the U.S. In a country where more than 70% of the population has already been vaccinated, Ocugen has yet to secure an approval from the U.S. Food and Drug Administration.\nBack in June, the biotech company’s application for emergency use authorization was rejected by the FDA. The recommendation by the FDA was to file for a biologics license application, which implies full approval.\nIn November, Ocugen announced that the FDA has “issued a clinical hold on the Company’s Investigational New Drug application (IND) to evaluate the COVID-19 vaccine candidate.” The FDA will be identifying the specific deficiencies that form a basis for the clinical hold. Once Ocugen addresses these deficiencies, there will be some progress.\nThe key point is that it’s been over a year since Ocugen announced the partnership with Bharat Biotech. The company has still been unsuccessful from an approval perspective.\nIn July, Ocugen had also initiated a rolling submission to Health Canada for the vaccine. There is no positive news on that front either.\nLet’s imagine a scenario where Ocugen receives an approval for vaccine use in Q1 2022. This is very unlikely. However, even in an optimistic case scenario, Ocugen needs to compete in a market where vaccination percentage is high. There is unlikely to be a case for strong revenue and cash flow growth.\nCan Omicron Provide a Lifeline for OCGN Stock?\nThe omicron variant has been a cause of concern for governments globally. Ocugen and partner Bharat Biotech are currently studying the effectiveness of the vaccine against the variant.\nIf the vaccine proves to be effective, can it be a game-changer for Ocugen? Most likely, no.\nFirst and foremost, Moderna has announced that its Covid-19 booster increases neutralizing antibodies 37-fold against Omicron variant.\nFurthermore, Pfizer has announced that a third dose increases the “neutralizing antibody by 25-fold compared to two doses against the Omicron variant.”\nClearly, the leading vaccine makers have an edge. Even if Ocugen announces that its vaccine is effective against the omicron variant, the stock is unlikely to trend higher.\nPeople who have already taken two shots of Moderna or Pfizer are unlikely to pursue a booster shot with Ocugen. Additionally, Ocugen is still struggling for approval.\nIt’s also worth noting that Ocugen needs to share revenue with Bharat Biotech. The visibility for healthy cash flows is therefore very unlikely.\nOCGN Stock Will Trend Lower\nOCGN stock is likely to continue trending lower in the coming months. Without an approval, the company is rapidly losing out on any revenue and cash flow potential.\nThe company is building a pipeline of drugs for various indications. However, the pipeline for various indications is still at a pre-clinical stage.\nThe stock trend will therefore be dictated by the outcome of Covid-19 vaccine approval and revenue potential. Things seem bleak on that front.\nIt also seems unlikely that Ocugen has a capability to expand the vaccine partnership with Bharat Biotech to other countries.","news_type":1},"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608574336,"gmtCreate":1638768041155,"gmtModify":1638768041155,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/608574336","repostId":"1179313612","repostType":4,"repost":{"id":"1179313612","kind":"news","pubTimestamp":1638745398,"share":"https://www.laohu8.com/m/news/1179313612?lang=&edition=full","pubTime":"2021-12-06 07:03","market":"us","language":"en","title":"Game Stop, Toll Brothers, Costco, CVS, and Other Stocks to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1179313612","media":"Barrons","summary":"Meme stock darling GameStop headlines this week’s earnings report lineup. The videogame retailer rep","content":"<p>Meme stock darling <a href=\"https://laohu8.com/S/GME\">GameStop</a> headlines this week’s earnings report lineup. The videogame retailer reports results after the market closes on Wednesday. <a href=\"https://laohu8.com/S/AZO\">AutoZone</a>, Casey’s <a href=\"https://laohu8.com/S/BGC\">General</a> Stores, and <a href=\"https://laohu8.com/S/TOL\">Toll Brothers</a> report earnings on Tuesday, followed by <a href=\"https://laohu8.com/S/BF.A\">Brown-Forman</a> and <a href=\"https://laohu8.com/S/CPB\">Campbell Soup</a> on Wednesday. <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>, <a href=\"https://laohu8.com/S/COST\">Costco</a> Wholesale, and <a href=\"https://laohu8.com/S/HRL\">Hormel</a> Foods round things out on Thursday.</p>\n<p>On Monday, <a href=\"https://laohu8.com/S/UNP\">Union Pacific</a> will hold a conference call to discuss its climate action plan. <a href=\"https://laohu8.com/S/MCK\">McKesson</a> and <a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> host their 2021 investor days on Wednesday, followed by <a href=\"https://laohu8.com/S/CVS\">CVS Health</a> and <a href=\"https://laohu8.com/S/TSN\">Tyson</a> Foods on Thursday.</p>\n<p>The Federal Reserve’s report on consumer credit data for October will be released on Tuesday. On Thursday, the U.S. Labor Department reports initial jobless claims for the week ending on Dec. 4.</p>\n<p>The Bureau of Labor Statistics releases the consumer price index for November on Friday. The consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously.</p>\n<p><b>Monday 12/6</b></p>\n<p>Union Pacific holds a conference call to discuss its climate action plan.</p>\n<p><b>Tuesday 12/7</b></p>\n<p>AutoZone, Casey’s General Stores, and Toll Brothers announce quarterly results.</p>\n<p>The Federal Reserve reports on consumer credit data for October. After falling slightly last year, total outstanding consumer debt has risen an average of $20 billion a month through September, and stands at a record $4.37 trillion.</p>\n<p><b>Wednesday 12/8</b></p>\n<p>The BLS releases the Job Openings and Labor Turnover Survey. Economists forecast 10.5 million job openings on the last business day of October, only 600,000 less than the record high of 11.1 million in July.</p>\n<p><a href=\"https://laohu8.com/S/BF.B\">Brown-Forman</a>, Campbell Soup, and GameStop report earnings.</p>\n<p>McKesson and <a href=\"https://laohu8.com/S/OKSB\">Southwest</a> Airlines host their 2021 investor days.</p>\n<p><a href=\"https://laohu8.com/S/EW\">Edwards Lifesciences</a> holds an investor conference in Irvine, Calif. The company will discuss its product pipeline as well as its financial outlook for 2022.</p>\n<p>The Bank of Canada announces its monetary-policy decision. The central bank is expected to keep its key short-term interest rate unchanged at 0.25%. At its late-October meeting, the bank ended its quantitative-easing program and signaled that its first interest-rate hike would be earlier in 2022 than had been expected.</p>\n<p><b>Thursday 12/9</b></p>\n<p>Broadcom, Costco Wholesale, and Hormel Foods hold conference calls to discuss quarterly results.</p>\n<p>CVS Health and Tyson Foods host their annual investor days.</p>\n<p>The Department of Labor reports initial jobless claims for the week ending on Dec. 4. Jobless claims averaged 238,750 in November, the lowest since the beginning of the pandemic, and just 24,750 more than in February of 2020.</p>\n<p><b>Friday 12/10</b></p>\n<p>Archer-Daniels-Midland holds its global investor day.</p>\n<p><a href=\"https://laohu8.com/S/CNC\">Centene</a> holds an investor meeting and will provide financial guidance for 2022.</p>\n<p>The Bureau of Labor Statistics releases the consumer price index for November. Consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously. October’s 6.2% increase was the hottest the CPI has run in more than 30 years, and this past week Federal Reserve Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> finally ditched “transitory” when discussing inflation before the Senate Banking Committee.</p>\n<p>The University of Michigan releases its Consumer Sentiment index for December. Economists forecast a 66 reading, slightly less than the November data.</p>","source":"market_watch","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>Game Stop, Toll Brothers, Costco, CVS, and Other Stocks to Watch This Week</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\">\nGame Stop, Toll Brothers, Costco, CVS, and Other Stocks to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-06 07:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/game-stop-toll-brothers-costco-cvs-and-other-stocks-to-watch-this-week-51638734413?mod=barrons-on-marketwatch><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meme stock darling GameStop headlines this week’s earnings report lineup. The videogame retailer reports results after the market closes on Wednesday. AutoZone, Casey’s General Stores, and Toll ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/game-stop-toll-brothers-costco-cvs-and-other-stocks-to-watch-this-week-51638734413?mod=barrons-on-marketwatch\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/articles/game-stop-toll-brothers-costco-cvs-and-other-stocks-to-watch-this-week-51638734413?mod=barrons-on-marketwatch","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1179313612","content_text":"Meme stock darling GameStop headlines this week’s earnings report lineup. The videogame retailer reports results after the market closes on Wednesday. AutoZone, Casey’s General Stores, and Toll Brothers report earnings on Tuesday, followed by Brown-Forman and Campbell Soup on Wednesday. Broadcom, Costco Wholesale, and Hormel Foods round things out on Thursday.\nOn Monday, Union Pacific will hold a conference call to discuss its climate action plan. McKesson and Southwest Airlines host their 2021 investor days on Wednesday, followed by CVS Health and Tyson Foods on Thursday.\nThe Federal Reserve’s report on consumer credit data for October will be released on Tuesday. On Thursday, the U.S. Labor Department reports initial jobless claims for the week ending on Dec. 4.\nThe Bureau of Labor Statistics releases the consumer price index for November on Friday. The consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously.\nMonday 12/6\nUnion Pacific holds a conference call to discuss its climate action plan.\nTuesday 12/7\nAutoZone, Casey’s General Stores, and Toll Brothers announce quarterly results.\nThe Federal Reserve reports on consumer credit data for October. After falling slightly last year, total outstanding consumer debt has risen an average of $20 billion a month through September, and stands at a record $4.37 trillion.\nWednesday 12/8\nThe BLS releases the Job Openings and Labor Turnover Survey. Economists forecast 10.5 million job openings on the last business day of October, only 600,000 less than the record high of 11.1 million in July.\nBrown-Forman, Campbell Soup, and GameStop report earnings.\nMcKesson and Southwest Airlines host their 2021 investor days.\nEdwards Lifesciences holds an investor conference in Irvine, Calif. The company will discuss its product pipeline as well as its financial outlook for 2022.\nThe Bank of Canada announces its monetary-policy decision. The central bank is expected to keep its key short-term interest rate unchanged at 0.25%. At its late-October meeting, the bank ended its quantitative-easing program and signaled that its first interest-rate hike would be earlier in 2022 than had been expected.\nThursday 12/9\nBroadcom, Costco Wholesale, and Hormel Foods hold conference calls to discuss quarterly results.\nCVS Health and Tyson Foods host their annual investor days.\nThe Department of Labor reports initial jobless claims for the week ending on Dec. 4. Jobless claims averaged 238,750 in November, the lowest since the beginning of the pandemic, and just 24,750 more than in February of 2020.\nFriday 12/10\nArcher-Daniels-Midland holds its global investor day.\nCentene holds an investor meeting and will provide financial guidance for 2022.\nThe Bureau of Labor Statistics releases the consumer price index for November. Consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously. October’s 6.2% increase was the hottest the CPI has run in more than 30 years, and this past week Federal Reserve Chairman Jerome Powell finally ditched “transitory” when discussing inflation before the Senate Banking Committee.\nThe University of Michigan releases its Consumer Sentiment index for December. Economists forecast a 66 reading, slightly less than the November data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853815610,"gmtCreate":1634787896862,"gmtModify":1634787897180,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"Go Tesla","listText":"Go Tesla","text":"Go Tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/853815610","repostId":"1132338087","repostType":4,"repost":{"id":"1132338087","kind":"news","pubTimestamp":1634787362,"share":"https://www.laohu8.com/m/news/1132338087?lang=&edition=full","pubTime":"2021-10-21 11:36","market":"us","language":"en","title":"Tesla’s earnings show is more cautious — and yes, boring — without Elon around","url":"https://stock-news.laohu8.com/highlight/detail?id=1132338087","media":"MarketWatch","summary":"Tesla Inc. was more cautious Wednesday in both its shareholder letter and its conference call, its f","content":"<p>Tesla Inc. was more cautious Wednesday in both its shareholder letter and its conference call, its first since Chief Executive Elon Musk bowed out of the quarterly earnings show, and it may have cost the stock.</p>\n<p>The electric-vehicle maker reported record third-quarter earnings and revenue Wednesday, but shares still declined 1.6% in after-hours trading. Tesla disclosed that chip shortages, port congestion and other supply-chain issues were hurting its ability to make as many cars as it could sell, and toned down its forecasts language. Tesla’s revenue of $13.8 billion came in a bit shy of analysts’ estimates of $14 billion.</p>\n<p>Tesla also removed a clause that had led investors to believe 2021 would be an outlier growth year, when it stated previously: “In some years it may grow faster, which we expect to be the case in 2021.”</p>\n<p>“It’s important to note while we have roughly doubled deliveries year to date, this has been exceptionally difficult to achieve,” said Tesla&nbsp;Chief Financial Officer Zachary Kirkhorn, who took over as the main executive in Tesla’s earnings call after Musk bowed out last quarter.</p>\n<p>When asked by investors what the company’s goal was for production capacity, Kirkhorn said Tesla seeks to increase growth by 50%, but wisely couched that goal in a way that Musk rarely does.</p>\n<p>“There may be some periods of time which we’re ahead of that. There could be some periods of time despite our best efforts where we’re slightly lower than that,” he said. “But that remains the long-term goal of the company.”</p>\n<p>Gone from the quarterly call were the often outlandish predictions by Musk, such as his infamous prediction for 1 million Teslas as self-driving robotaxis in 2020 and his forecasts for production targets that were frequently missed.</p>\n<p>Instead, the more staid call, with what seemed like a few more questions from Wall Street analysts, included more discussion of operating margins, but it also included comments on some small changes to the CyberTruck, and a statement that Tesla is looking to launch it late next year. When asked about the increased regulatory scrutiny of “Full Self-Driving” mode, Kirkhorn said there are regulatory inquiries all the time, and followed up with some bland corporate speak: “We expect and embrace the scrutiny of the products and know the truth about their performance and innovations our products have will ultimately be all that matters.”</p>\n<p>Tesla also did not give specific revenue guidance for this year.</p>\n<p>Investors seemed to be disappointed with the company’s manufacturing constraints or the more staid nature of the comments. In after-hours trading, shares of Tesla slipped about $14, or nearly 2%, as the call continued on. While they are likely better off without the often fantastic pronouncements and over-promising comments by the controversial Musk, investors definitely felt his absence today.</p>","source":"lsy1603348471595","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’s earnings show is more cautious — and yes, boring — without Elon around</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’s earnings show is more cautious — and yes, boring — without Elon around\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-21 11:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/teslas-earnings-show-is-more-cautious-and-yes-boring-without-elon-around-11634779650?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc. was more cautious Wednesday in both its shareholder letter and its conference call, its first since Chief Executive Elon Musk bowed out of the quarterly earnings show, and it may have cost ...</p>\n\n<a href=\"https://www.marketwatch.com/story/teslas-earnings-show-is-more-cautious-and-yes-boring-without-elon-around-11634779650?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/teslas-earnings-show-is-more-cautious-and-yes-boring-without-elon-around-11634779650?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132338087","content_text":"Tesla Inc. was more cautious Wednesday in both its shareholder letter and its conference call, its first since Chief Executive Elon Musk bowed out of the quarterly earnings show, and it may have cost the stock.\nThe electric-vehicle maker reported record third-quarter earnings and revenue Wednesday, but shares still declined 1.6% in after-hours trading. Tesla disclosed that chip shortages, port congestion and other supply-chain issues were hurting its ability to make as many cars as it could sell, and toned down its forecasts language. Tesla’s revenue of $13.8 billion came in a bit shy of analysts’ estimates of $14 billion.\nTesla also removed a clause that had led investors to believe 2021 would be an outlier growth year, when it stated previously: “In some years it may grow faster, which we expect to be the case in 2021.”\n“It’s important to note while we have roughly doubled deliveries year to date, this has been exceptionally difficult to achieve,” said Tesla Chief Financial Officer Zachary Kirkhorn, who took over as the main executive in Tesla’s earnings call after Musk bowed out last quarter.\nWhen asked by investors what the company’s goal was for production capacity, Kirkhorn said Tesla seeks to increase growth by 50%, but wisely couched that goal in a way that Musk rarely does.\n“There may be some periods of time which we’re ahead of that. There could be some periods of time despite our best efforts where we’re slightly lower than that,” he said. “But that remains the long-term goal of the company.”\nGone from the quarterly call were the often outlandish predictions by Musk, such as his infamous prediction for 1 million Teslas as self-driving robotaxis in 2020 and his forecasts for production targets that were frequently missed.\nInstead, the more staid call, with what seemed like a few more questions from Wall Street analysts, included more discussion of operating margins, but it also included comments on some small changes to the CyberTruck, and a statement that Tesla is looking to launch it late next year. When asked about the increased regulatory scrutiny of “Full Self-Driving” mode, Kirkhorn said there are regulatory inquiries all the time, and followed up with some bland corporate speak: “We expect and embrace the scrutiny of the products and know the truth about their performance and innovations our products have will ultimately be all that matters.”\nTesla also did not give specific revenue guidance for this year.\nInvestors seemed to be disappointed with the company’s manufacturing constraints or the more staid nature of the comments. In after-hours trading, shares of Tesla slipped about $14, or nearly 2%, as the call continued on. While they are likely better off without the often fantastic pronouncements and over-promising comments by the controversial Musk, investors definitely felt his absence today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":574,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859234359,"gmtCreate":1634698779619,"gmtModify":1634698779779,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/859234359","repostId":"2176710436","repostType":4,"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":886338460,"gmtCreate":1631549432750,"gmtModify":1631890701985,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/886338460","repostId":"1171919128","repostType":4,"repost":{"id":"1171919128","kind":"news","pubTimestamp":1631547161,"share":"https://www.laohu8.com/m/news/1171919128?lang=&edition=full","pubTime":"2021-09-13 23:32","market":"us","language":"en","title":"Apple App Store: The Tide Is Turning","url":"https://stock-news.laohu8.com/highlight/detail?id=1171919128","media":"seekingalpha","summary":"Summary\n\nA US Federal District Court judge has ruled mostly in Apple’s favor in their case with Epic","content":"<p><b>Summary</b></p>\n<ul>\n <li>A US Federal District Court judge has ruled mostly in Apple’s favor in their case with Epic Games.</li>\n <li>Despite that, and in conjunction with a recent settlement with Japanese regulators, Apple will be getting rid of their anti-steering rule. This is a bigger change than people think.</li>\n <li>The threat to Apple doesn't end with the Epic trial. There are bigger threats coming from the executive and legislative branches in the US, and regulators in Europe and Asia.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/323e8503a813d4996ee819f5591992b8\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Chip Somodevilla/Getty Images News</span></p>\n<p><b>It Does Not End Here</b></p>\n<p>For&nbsp;some time now, I&nbsp;have been warning&nbsp;that&nbsp;antitrust law was about to change, and these changes would not be favorable to Apple(NASDAQ:AAPL), and that investors need to take these threats seriously. In every one of these attempts, I was rebuffed in the comments by many Apple shareholders telling me that these fears and warnings were overblown. “Long and strong AAPL!” cheerleading seems to be popular.Confirmation bias&nbsp;is a strong thing, and you should fight it every single day.</p>\n<p>My last attempt was&nbsp;less than two weeks ago, and I was similarly dismissed, and even accused of being a short-selling tout to boot. That last suggestion is pretty funny to anyone who has had to listen to me drone on about Apple stock the last 16 years. The consequence of those 16 years is that I have a lot of Apple stock, so I take things like this very seriously.</p>\n<p>Friday’s decision in Epic v. Apple had one part very bad news for Apple, but mostly a rejection of Epic’s main claim — that iOS is a market unto itself. But the bigger threat continues to be from Congress, where they can change the law in a single session. The House has already passed several bipartisan bills through committee, and three of them seem to have pretty wide support with the rest of the House. A narrower, but just as damaging companion bill is about to start working its way through the Senate. Keep your eyes on Amy Klobuchar of Minnesota and Mike Lee of Utah.</p>\n<p>Then we have regulatory action in the EU, Apple’s second most important region, where antitrust enforcers are siding with Spotify(NYSE:SPOT)in their dispute over in-app payments. Apple has already settled with Japan over their anti-steering rules. South Korea is forcing Apple and Google(NASDAQ:GOOGL)(NASDAQ:GOOG)to allow third-party in-app payments. China is a black hole of regulatory mystery.</p>\n<p>The tide is turning on Apple on this issue. If you think this begins and ends with the Epic case, you haven’t been paying attention.</p>\n<p>Right now the threat is confined to App Store, but this is the end of the beginning, not the beginning of the end. This new antitrust movement may come for other parts of Apple, like the other pillar of their fast-growing Services segment, AppleCare, and even dig deeper into the way Apple likes to do business.</p>\n<p><b>What The Ruling Says</b></p>\n<p>Judge Yvonne Gonzalez Rogers hewed very closely to existing law, because that’s what usually happens in District Court, the lowest level of the federal system. She mostly had bad news for Epic, and targeted bad news for Apple.</p>\n<p>The case rested on how the court defined the “relevant market” in question. Epic wanted it to be iOS, a market unto itself because of the high walls Apple builds around the ecosystem. Judge Rogers rejected that novel claim pretty handily. But she also rejected Apple’s definition: all gaming transactions, including PCs and consoles. She settled on mobile gaming transactions, so essentially the iOS-Android duopoly of mobile gaming transactions.</p>\n<p>Here is the meat of the decision that follows from that:</p>\n<blockquote>\n Given the trial record, the Court cannot ultimately conclude that Apple is a monopolist under either federal or state antitrust laws. While the Court finds that Apple enjoys considerable market share of over 55% and extraordinarily high profit margins, these factors alone do not show antitrust conduct. Success is not illegal…\n</blockquote>\n<blockquote>\n Nonetheless, the trial did show that Apple is engaging in anticompetitive conduct under California’s competition laws. The Court concludes that Apple’s anti-steering provisions hide critical information from consumers and illegally stifle consumer choice. When coupled with Apple’s incipient antitrust violations, these anti-steering provisions are anticompetitive and a nationwide remedy to eliminate those provisions is warranted.\n</blockquote>\n<p>The most important thing to note here is that the problem for Apple is California law, not federal law. Federal law changing is where the real threat remains, and we are already well into that process.</p>\n<p>Judge Rogers ruled that Apple has to get rid of their anti-steering rules. App developers will now be allowed to inform users of less expensive options on their website, with a link. We’ll talk about the implications in a moment. Apple charges developers 30% for in-app payments, and the first year of in-app subscriptions (15% thereafter). In-app payments and subscriptions are substantially where all of App Store revenue comes from, about 28% of the Services segment and 5.4% of all revenue in calendar 2020.</p>\n<p>Also, in the category of rounding errors, Epic has to pay Apple the $3.6 million they owe them when they breached their contract. That’s about 0.001% of Apple’s 2021 top line.</p>\n<p><b>Epic’s Game</b></p>\n<p>If you read&nbsp;my first article&nbsp;about the trial from when the pre-trial filings dropped, you may notice that I was a bit confused about what precisely Epic’s game was here. The foundation of their entire argument — that iOS was a market unto itself — was novel, to say the least. At least one of their lawyers must have informed them of the low likelihood of success on their main claims. Moreover, they burned a lot of pages on arguments not central to their case, but seem more geared towards tarnishing Apple’s reputation.</p>\n<p>My current understanding is that this case was a publicity stunt. What’s more, it worked. The point was to get this issue into the public conversation. Here I am writing about it, and here you are reading about it. But more importantly, the tide is turning in Washington, and I think the issues raised by this trial have accelerated that.</p>\n<p><b>The Anti-Steering Rule</b></p>\n<p>Like many of the App Store rules, the anti-steering rule was part of a multi-year whack-a-mole process where developers tried to find ways to cut out Apple, and Apple closed those holes. Apple fought very hard to keep this rule, but now seems to be capitulating. They settled with Japanese regulators recently on the anti-steering rules as it applied to media subscription apps, and applied the settlement to the rest of the world as well, maybe in anticipation of this ruling. With the Epic ruling, the anti-steering rule is gone.</p>\n<p>When a game developer like Epic sells their virtual currency on the App Store, they have a 30% payment fee. When they make the same transaction on their website, it is probably under 3%. This was always what this was about. Epic wanted to have their own in-app payment system to supersede Apple’s, without the friction of sending people to the website. Judge Rogers rejected that, but gave Epic a partial victory by banning Apple’s anti-steering rules.</p>\n<p>The anti-steering rules prevented app developers from having text and links to their own much less expensive in-app payments or subscriptions on their websites. This is a real loss for Apple, and puts the whole structure of the two most lucrative payment methods in the App Store at risk.</p>\n<p>Let’s say a gaming company pays a 2.5% processing fee on their website. That means they have 27.5 percentage points of marketing to play with. They could give that entire 27.5% to users in the form of a rebate or freebies. It certainly increases friction to have to leave a game you're having fun with, but if there is a big, friendly, dark-patterned button that says “Want free money?” I think a lot of people would tap that button. What’s more, they get to book the same amount in revenue, and stick the cost down in sales and marketing.</p>\n<p>That’s just one example of how companies may decide to go with this. That’s a lot of margin to play with. The reason Apple had this rule in the first place is that they feared someone would find the magic formula that would provide more revenue by eschewing in-app payments altogether, and everyone else would copy them. They had fought very hard to keep this rule for a reason.</p>\n<p>Just after the news broke, a friend who knows&nbsp;I own both stocks&nbsp;trolled me with this Bloomberg Terminal screenshot:</p>\n<p><img src=\"https://static.tigerbbs.com/78570d7ae73401a933b2359f3dcd47da\" tg-width=\"640\" tg-height=\"281\" width=\"100%\" height=\"auto\"></p>\n<p>Roblox(NYSE:RBLX)is a pure-play mobile gaming company. The vast majority of their revenues come from in-app payments from iOS and Android, the rest from their website sales. Their cost-of-revenues almost all goes to Apple and Google. In the TTM, they had a 74.4% gross margin. If they pay a 2.5% processing fee for website sales, that means 84% of their transaction value was through iOS and Android. If they could get that to 50-50, that would raise all their margins down to EBT by 10 percentage points. If they could get to 73% of sales on the website, they would have a 90% gross margin.</p>\n<p>There is a lot of money at stake, and a huge incentive for gaming and subscription media companies to figure out how to thread this needle. And that’s all in the absence of further action by the other two branches of government.</p>\n<p><b>The Executive Branch</b></p>\n<p>This is a good place to discuss the theoretical underpinnings of the new antitrust movement, because two of its leaders now work in the Biden administration. The movement is sometimes referred to as the “neo-Brandeis” movement after Supreme Court Justice Louis Brandeis, because it harkens back to a much earlier era of antitrust enforcement that drastically changed in the 1980s.</p>\n<p>In 1978, Robert Bork (yes,that Robert Bork) wrote a very influential book called&nbsp;<i>The Antitrust Paradox</i>. His theory urged a refocusing of enforcement away from competition, and towards consumer benefit as the main test. He argued that antitrust enforcement was propping up smaller, less efficient companies to the detriment of the economy.</p>\n<p>The 1982 AT&amp;T breakup consent decree became the prototype for the new enforcement. By controlling local and long distance telecommunication, as well as the equipment, AT&amp;T had been underinvesting and overcharging for decades. Their breakup brought an explosion of investment into telecommunications, and brought down prices quickly for landline service and equipment. That became the limit of antitrust enforcement.</p>\n<p>But the focus on consumer benefit has affected competition, and that’s what the neo-Brandeis movement hopes to change. They want antitrust enforcement to return to the way it was a century ago, with more of a focus on how large companies affect competition. Lina Khan, a law professor at Columbia, now runs the FTC, the primary antitrust enforcer in the federal government. Her 2017 law review article, “Amazon’s Antitrust Paradox” was the spark that lit this fire. Her colleague at Columbia Law, Tim Wu, is also one of the leaders of this movement. He is a member of the White House Council of Economic Advisors, and his fingerprints are all over&nbsp;the July competition executive order.</p>\n<p>The order was very wide ranging, with 72 initiatives covering 14 departments and agencies. Most of it does not relate to Apple, but it gives you an idea of the wide breadth of the order. As it relates to Apple:</p>\n<ul>\n <li>Right-to-repair is a huge threat to the other pillar of Services, AppleCare, which I estimate at 25%-30% of the segment. But more than that, it would change the way Apple makes devices. Apple squeezes out efficiency gains by attaching pooled memory directly to the main processor die, and by soldering storage into the motherboard. Both of these would likely be prohibited to them, and the devices would suffer.</li>\n <li>The FTC is two months into a yearlong frisk of the mobile app ecosystem. Based on previous writings, Lina Khan will likely recommend third party app stores, “sideloading” directly from the web, and an end to the in-app payments monopoly.</li>\n</ul>\n<p>Executive branch action is always subject to court challenges, and they can take very long to implement. But Congress can change the law in a single session. And they are already into that process.</p>\n<p><b>The Legislative Branch</b></p>\n<p>Since there are two houses of Congress, this issue is off on two tracks. The House Judiciary Committee recently passed a suite of bipartisan bills. Of the ones that I think have a good likelihood of passing the full House, here’s how it affects Apple:</p>\n<p>They would be required to allow third party app stores, sideloading, and third party payments in the Apple App Store.</p>\n<p>Restricting Apple’s ability to acquire smaller companies. In the past 6 years, Apple has bought around 100 companies, which works out to about one every three weeks on average. It looks like they had been accelerating since fiscal 2018, but then abruptly stopped in fiscal 2021. The reason is the new leader of the FTC.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a2fc9a2578663cc746fdb19ca19dea4c\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>The big bulge you see there in 2014 is the Beats acquisition at $3 billion, which remains the exception. Otherwise, Apple buys very small companies for tens or hundreds of millions, usually shuts down any products they may have, and absorbs the talent and IP into Apple proper. Apple’s chip design unit, a cornerstone of their current success, began this way in 2008.</p>\n<p><b>No more private APIs.</b>This would mean everything, like the Apple Pay-enabling NFC chip, would be open to competitors.</p>\n<p><b>No more discriminatory rules.</b>Apple doesn’t force real-world product and service providers like Uber(NYSE:UBER)to use in-app payments. Apple would either have to try and get Uber to pay them 30%, or drop the requirement altogether.</p>\n<p><b>The end of the Google search deal.</b>Google currently pays Apple a purported $12 billion a year to make Google the default search engine on iOS. This cash goes directly to EBT.</p>\n<p><b>They would have to expose more user data to developers.</b></p>\n<p><b>Formalizing the anti-steering decision.</b></p>\n<p><b>Anti-retaliation provision.</b>If these bills were law, Epic would still be on the App Store while they sued Apple.</p>\n<p>After the House is done wrangling over budget reconciliation, I think these bills will hit the House floor this fall or winter, and I think that they have a high likelihood of passing in something like their current form.</p>\n<p>But bills also have to clear the Senate, and they move slower. Things are just getting started there. The big movers in the Senate are Amy Klobuchar of Minnesota and Mike Lee of Utah. Klobuchar has&nbsp;written a long book&nbsp;on the subject, and it is not friendly towards Apple. She has also authored a new bill, Open App Markets Act. It is more narrow than the House suite, but not by much. It would still force Apple to allow third party app stores, sideloading, and third party in-app payments. They would also have to get rid of their private APIs. The bill is narrower than the House suite, and less of a threat to Apple, but still would mean the end of App Store as a driver of growth.<i>The Senate bill is the better outcome for Apple, and it is still terrible.</i></p>\n<p>I believe that we will see something pass before the next Presidential election, or even in this Congressional session. The best Apple shareholders can hope for is that the final bill gets watered down considerably.</p>\n<p><b>Outside The US</b></p>\n<p>This is in no way limited to the US. We already discussed the Japanese settlement, and South Korea is forcing Apple and Google to allow third party in-app payments. The case that is farthest along in the EU is Spotify’s, which would force Apple to not charge fees to competing services, so that means music, podcasts, games, video and fitness.</p>\n<p>The Chinese Communist Party remains the&nbsp;second biggest tail risk in the world&nbsp;after climate change. Apple’s regulatory risk there is uniquely high, both on the supply and demand sides. Apple has already given into them by not providing their Chinese customers with the same level of privacy as everyone else. With the mood in China right now, who knows where that goes.</p>\n<p><b>What Losing Control Of App Store Looks Like</b></p>\n<p>Stone Fox Capital here at Seeking Alpha is&nbsp;out with an article&nbsp;pivoting off Katy Huberty's estimation of a 2% earnings loss if the top 20 apps on the App Store were able to eschew in-app payments. Stone Fox would also like you to care about that seemingly small number:</p>\n<blockquote>\n Apple won most of their legal case with Epic Games based on the ruling announced on September 10, but the tech giant lost the ultimate battle. The stock remains priced for perfection while the company continues to have growth paths chipped away from the business.\n</blockquote>\n<p>My last article on this subject was called “Chipping Away at App Store.” This is what is happening and the trend is now clear. There is a mood globally to take Apple down a peg, and it is happening too slowly for many people to realize it is happening.</p>\n<p>My own way of modeling the worst case is through my DCF model. It’s modeled as a 25% hit to Services in the first year, with services gross margin reduced from 68% to 65%, followed by a slightly increased growth rate in the segment because of composition effects — the rest of Services grows faster than App Store. I used to model that happening in fiscal 2024, but I have moved that up to fiscal 2023, beginning less than 13 months from now.</p>\n<p>Here is the effect on fair value on my base case:</p>\n<p><img src=\"https://static.tigerbbs.com/94b635fe7a2473aafe36bd095a1206b6\" tg-width=\"640\" tg-height=\"352\" width=\"100%\" height=\"auto\"></p>\n<p>Even with the very slow start for the reason Stone Fox says — the share price has gotten way out ahead of cash flows — my base case still shows an 11% CAGR in fair value through the end of fiscal 2025. The App Store collapse takes that down to an 8% CAGR, 12% lower by 2025.</p>\n<p>Circling back, Stone Fox puts a button on this more succinctly than I can:</p>\n<blockquote>\n The key investor takeaway is that Apple has a bright future. The company will continue generating profits with operating cash flows topping $100 billion annually, but the tech giant will struggle to generate the growth needed to warrant the current stock price. The 2% hit to earnings might not seem meaningful, but the amount is very harmful to a stock priced for perfection.\n</blockquote>\n<p><b>How To Take This Seriously</b></p>\n<p>In my last article on this subject, someone cheekily replied in the comments, “‘Please take this seriously.’ What does that even mean?” That’s a good question. The first part of the answer is to stop pretending it’s not happening.</p>\n<p>“If your time horizon is short, now is a good time to take profits.” I have been using that phrase frequently since Apple hit $140. The last chart just formalizes it with math, but my opinion is that Apple will remain range-bound for some time, between $125 and $155, roughly. I still mean it: if your time horizon is short, now is a good time to take profits.</p>\n<p>But I also believe that no other company is as prepared for the future of technology, regardless of what that brings. That is a&nbsp;far longer discussion. I have been buying Apple shares on the dip since 2005, which is two splits ago. My last buy was in January 2019, when Apple reported that they would miss guidance for the first time in many years. At the time, the commentariat was telling me that Apple’s best days were behind them. I tried to explain that Apple was in a transitional phase, part of a strategy they launched around 2015 to focus more on the growth of the iPhone user base than sales. The strategy would pay off soon, I predicted, and it did in fiscal 2021. That seems like a very long time ago now.</p>\n<p>A consequence of buying the dip from 2005 to 2019 is that I own way too many Apple shares that I could never bring myself to sell. I am massively overweight Apple. There is a “What To Do With The Apple Shares” clause in my will. It is our largest asset, worth more than the house. That has not made me nervous until the last few months, when the tide seemed to start turning on Apple on this issue. I also used to be someone who did not take this threat seriously. I am going to start shaving my position as opportunities present themselves, and one may happen this week with the iPhone launch on Tuesday.</p>\n<p><i>To be clear, I will remain overweight Apple, just less so, and I remain bullish in the long term. But I no longer feel the safety I once did with this wildly overweight position.</i></p>\n<p>In contrast, if you are a long term investor who does not have a massively overweight position, watch, wait and fight confirmation bias every day. If you think this begins and ends with Epic, you haven’t been paying attention.</p>\n<p>Please take this seriously.</p>\n<p>I will be back in a few days with hopefully happier news from the iPhone launch on Tuesday. The big question is whether Apple can begin shipping iPhone before the quarter is out.</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>Apple App Store: The Tide Is Turning</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\">\nApple App Store: The Tide Is Turning\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4454891-apple-app-store-the-tide-is-turning><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nA US Federal District Court judge has ruled mostly in Apple’s favor in their case with Epic Games.\nDespite that, and in conjunction with a recent settlement with Japanese regulators, Apple ...</p>\n\n<a href=\"https://seekingalpha.com/article/4454891-apple-app-store-the-tide-is-turning\">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://seekingalpha.com/article/4454891-apple-app-store-the-tide-is-turning","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171919128","content_text":"Summary\n\nA US Federal District Court judge has ruled mostly in Apple’s favor in their case with Epic Games.\nDespite that, and in conjunction with a recent settlement with Japanese regulators, Apple will be getting rid of their anti-steering rule. This is a bigger change than people think.\nThe threat to Apple doesn't end with the Epic trial. There are bigger threats coming from the executive and legislative branches in the US, and regulators in Europe and Asia.\n\nChip Somodevilla/Getty Images News\nIt Does Not End Here\nFor some time now, I have been warning that antitrust law was about to change, and these changes would not be favorable to Apple(NASDAQ:AAPL), and that investors need to take these threats seriously. In every one of these attempts, I was rebuffed in the comments by many Apple shareholders telling me that these fears and warnings were overblown. “Long and strong AAPL!” cheerleading seems to be popular.Confirmation bias is a strong thing, and you should fight it every single day.\nMy last attempt was less than two weeks ago, and I was similarly dismissed, and even accused of being a short-selling tout to boot. That last suggestion is pretty funny to anyone who has had to listen to me drone on about Apple stock the last 16 years. The consequence of those 16 years is that I have a lot of Apple stock, so I take things like this very seriously.\nFriday’s decision in Epic v. Apple had one part very bad news for Apple, but mostly a rejection of Epic’s main claim — that iOS is a market unto itself. But the bigger threat continues to be from Congress, where they can change the law in a single session. The House has already passed several bipartisan bills through committee, and three of them seem to have pretty wide support with the rest of the House. A narrower, but just as damaging companion bill is about to start working its way through the Senate. Keep your eyes on Amy Klobuchar of Minnesota and Mike Lee of Utah.\nThen we have regulatory action in the EU, Apple’s second most important region, where antitrust enforcers are siding with Spotify(NYSE:SPOT)in their dispute over in-app payments. Apple has already settled with Japan over their anti-steering rules. South Korea is forcing Apple and Google(NASDAQ:GOOGL)(NASDAQ:GOOG)to allow third-party in-app payments. China is a black hole of regulatory mystery.\nThe tide is turning on Apple on this issue. If you think this begins and ends with the Epic case, you haven’t been paying attention.\nRight now the threat is confined to App Store, but this is the end of the beginning, not the beginning of the end. This new antitrust movement may come for other parts of Apple, like the other pillar of their fast-growing Services segment, AppleCare, and even dig deeper into the way Apple likes to do business.\nWhat The Ruling Says\nJudge Yvonne Gonzalez Rogers hewed very closely to existing law, because that’s what usually happens in District Court, the lowest level of the federal system. She mostly had bad news for Epic, and targeted bad news for Apple.\nThe case rested on how the court defined the “relevant market” in question. Epic wanted it to be iOS, a market unto itself because of the high walls Apple builds around the ecosystem. Judge Rogers rejected that novel claim pretty handily. But she also rejected Apple’s definition: all gaming transactions, including PCs and consoles. She settled on mobile gaming transactions, so essentially the iOS-Android duopoly of mobile gaming transactions.\nHere is the meat of the decision that follows from that:\n\n Given the trial record, the Court cannot ultimately conclude that Apple is a monopolist under either federal or state antitrust laws. While the Court finds that Apple enjoys considerable market share of over 55% and extraordinarily high profit margins, these factors alone do not show antitrust conduct. Success is not illegal…\n\n\n Nonetheless, the trial did show that Apple is engaging in anticompetitive conduct under California’s competition laws. The Court concludes that Apple’s anti-steering provisions hide critical information from consumers and illegally stifle consumer choice. When coupled with Apple’s incipient antitrust violations, these anti-steering provisions are anticompetitive and a nationwide remedy to eliminate those provisions is warranted.\n\nThe most important thing to note here is that the problem for Apple is California law, not federal law. Federal law changing is where the real threat remains, and we are already well into that process.\nJudge Rogers ruled that Apple has to get rid of their anti-steering rules. App developers will now be allowed to inform users of less expensive options on their website, with a link. We’ll talk about the implications in a moment. Apple charges developers 30% for in-app payments, and the first year of in-app subscriptions (15% thereafter). In-app payments and subscriptions are substantially where all of App Store revenue comes from, about 28% of the Services segment and 5.4% of all revenue in calendar 2020.\nAlso, in the category of rounding errors, Epic has to pay Apple the $3.6 million they owe them when they breached their contract. That’s about 0.001% of Apple’s 2021 top line.\nEpic’s Game\nIf you read my first article about the trial from when the pre-trial filings dropped, you may notice that I was a bit confused about what precisely Epic’s game was here. The foundation of their entire argument — that iOS was a market unto itself — was novel, to say the least. At least one of their lawyers must have informed them of the low likelihood of success on their main claims. Moreover, they burned a lot of pages on arguments not central to their case, but seem more geared towards tarnishing Apple’s reputation.\nMy current understanding is that this case was a publicity stunt. What’s more, it worked. The point was to get this issue into the public conversation. Here I am writing about it, and here you are reading about it. But more importantly, the tide is turning in Washington, and I think the issues raised by this trial have accelerated that.\nThe Anti-Steering Rule\nLike many of the App Store rules, the anti-steering rule was part of a multi-year whack-a-mole process where developers tried to find ways to cut out Apple, and Apple closed those holes. Apple fought very hard to keep this rule, but now seems to be capitulating. They settled with Japanese regulators recently on the anti-steering rules as it applied to media subscription apps, and applied the settlement to the rest of the world as well, maybe in anticipation of this ruling. With the Epic ruling, the anti-steering rule is gone.\nWhen a game developer like Epic sells their virtual currency on the App Store, they have a 30% payment fee. When they make the same transaction on their website, it is probably under 3%. This was always what this was about. Epic wanted to have their own in-app payment system to supersede Apple’s, without the friction of sending people to the website. Judge Rogers rejected that, but gave Epic a partial victory by banning Apple’s anti-steering rules.\nThe anti-steering rules prevented app developers from having text and links to their own much less expensive in-app payments or subscriptions on their websites. This is a real loss for Apple, and puts the whole structure of the two most lucrative payment methods in the App Store at risk.\nLet’s say a gaming company pays a 2.5% processing fee on their website. That means they have 27.5 percentage points of marketing to play with. They could give that entire 27.5% to users in the form of a rebate or freebies. It certainly increases friction to have to leave a game you're having fun with, but if there is a big, friendly, dark-patterned button that says “Want free money?” I think a lot of people would tap that button. What’s more, they get to book the same amount in revenue, and stick the cost down in sales and marketing.\nThat’s just one example of how companies may decide to go with this. That’s a lot of margin to play with. The reason Apple had this rule in the first place is that they feared someone would find the magic formula that would provide more revenue by eschewing in-app payments altogether, and everyone else would copy them. They had fought very hard to keep this rule for a reason.\nJust after the news broke, a friend who knows I own both stocks trolled me with this Bloomberg Terminal screenshot:\n\nRoblox(NYSE:RBLX)is a pure-play mobile gaming company. The vast majority of their revenues come from in-app payments from iOS and Android, the rest from their website sales. Their cost-of-revenues almost all goes to Apple and Google. In the TTM, they had a 74.4% gross margin. If they pay a 2.5% processing fee for website sales, that means 84% of their transaction value was through iOS and Android. If they could get that to 50-50, that would raise all their margins down to EBT by 10 percentage points. If they could get to 73% of sales on the website, they would have a 90% gross margin.\nThere is a lot of money at stake, and a huge incentive for gaming and subscription media companies to figure out how to thread this needle. And that’s all in the absence of further action by the other two branches of government.\nThe Executive Branch\nThis is a good place to discuss the theoretical underpinnings of the new antitrust movement, because two of its leaders now work in the Biden administration. The movement is sometimes referred to as the “neo-Brandeis” movement after Supreme Court Justice Louis Brandeis, because it harkens back to a much earlier era of antitrust enforcement that drastically changed in the 1980s.\nIn 1978, Robert Bork (yes,that Robert Bork) wrote a very influential book called The Antitrust Paradox. His theory urged a refocusing of enforcement away from competition, and towards consumer benefit as the main test. He argued that antitrust enforcement was propping up smaller, less efficient companies to the detriment of the economy.\nThe 1982 AT&T breakup consent decree became the prototype for the new enforcement. By controlling local and long distance telecommunication, as well as the equipment, AT&T had been underinvesting and overcharging for decades. Their breakup brought an explosion of investment into telecommunications, and brought down prices quickly for landline service and equipment. That became the limit of antitrust enforcement.\nBut the focus on consumer benefit has affected competition, and that’s what the neo-Brandeis movement hopes to change. They want antitrust enforcement to return to the way it was a century ago, with more of a focus on how large companies affect competition. Lina Khan, a law professor at Columbia, now runs the FTC, the primary antitrust enforcer in the federal government. Her 2017 law review article, “Amazon’s Antitrust Paradox” was the spark that lit this fire. Her colleague at Columbia Law, Tim Wu, is also one of the leaders of this movement. He is a member of the White House Council of Economic Advisors, and his fingerprints are all over the July competition executive order.\nThe order was very wide ranging, with 72 initiatives covering 14 departments and agencies. Most of it does not relate to Apple, but it gives you an idea of the wide breadth of the order. As it relates to Apple:\n\nRight-to-repair is a huge threat to the other pillar of Services, AppleCare, which I estimate at 25%-30% of the segment. But more than that, it would change the way Apple makes devices. Apple squeezes out efficiency gains by attaching pooled memory directly to the main processor die, and by soldering storage into the motherboard. Both of these would likely be prohibited to them, and the devices would suffer.\nThe FTC is two months into a yearlong frisk of the mobile app ecosystem. Based on previous writings, Lina Khan will likely recommend third party app stores, “sideloading” directly from the web, and an end to the in-app payments monopoly.\n\nExecutive branch action is always subject to court challenges, and they can take very long to implement. But Congress can change the law in a single session. And they are already into that process.\nThe Legislative Branch\nSince there are two houses of Congress, this issue is off on two tracks. The House Judiciary Committee recently passed a suite of bipartisan bills. Of the ones that I think have a good likelihood of passing the full House, here’s how it affects Apple:\nThey would be required to allow third party app stores, sideloading, and third party payments in the Apple App Store.\nRestricting Apple’s ability to acquire smaller companies. In the past 6 years, Apple has bought around 100 companies, which works out to about one every three weeks on average. It looks like they had been accelerating since fiscal 2018, but then abruptly stopped in fiscal 2021. The reason is the new leader of the FTC.\nData by YCharts\nThe big bulge you see there in 2014 is the Beats acquisition at $3 billion, which remains the exception. Otherwise, Apple buys very small companies for tens or hundreds of millions, usually shuts down any products they may have, and absorbs the talent and IP into Apple proper. Apple’s chip design unit, a cornerstone of their current success, began this way in 2008.\nNo more private APIs.This would mean everything, like the Apple Pay-enabling NFC chip, would be open to competitors.\nNo more discriminatory rules.Apple doesn’t force real-world product and service providers like Uber(NYSE:UBER)to use in-app payments. Apple would either have to try and get Uber to pay them 30%, or drop the requirement altogether.\nThe end of the Google search deal.Google currently pays Apple a purported $12 billion a year to make Google the default search engine on iOS. This cash goes directly to EBT.\nThey would have to expose more user data to developers.\nFormalizing the anti-steering decision.\nAnti-retaliation provision.If these bills were law, Epic would still be on the App Store while they sued Apple.\nAfter the House is done wrangling over budget reconciliation, I think these bills will hit the House floor this fall or winter, and I think that they have a high likelihood of passing in something like their current form.\nBut bills also have to clear the Senate, and they move slower. Things are just getting started there. The big movers in the Senate are Amy Klobuchar of Minnesota and Mike Lee of Utah. Klobuchar has written a long book on the subject, and it is not friendly towards Apple. She has also authored a new bill, Open App Markets Act. It is more narrow than the House suite, but not by much. It would still force Apple to allow third party app stores, sideloading, and third party in-app payments. They would also have to get rid of their private APIs. The bill is narrower than the House suite, and less of a threat to Apple, but still would mean the end of App Store as a driver of growth.The Senate bill is the better outcome for Apple, and it is still terrible.\nI believe that we will see something pass before the next Presidential election, or even in this Congressional session. The best Apple shareholders can hope for is that the final bill gets watered down considerably.\nOutside The US\nThis is in no way limited to the US. We already discussed the Japanese settlement, and South Korea is forcing Apple and Google to allow third party in-app payments. The case that is farthest along in the EU is Spotify’s, which would force Apple to not charge fees to competing services, so that means music, podcasts, games, video and fitness.\nThe Chinese Communist Party remains the second biggest tail risk in the world after climate change. Apple’s regulatory risk there is uniquely high, both on the supply and demand sides. Apple has already given into them by not providing their Chinese customers with the same level of privacy as everyone else. With the mood in China right now, who knows where that goes.\nWhat Losing Control Of App Store Looks Like\nStone Fox Capital here at Seeking Alpha is out with an article pivoting off Katy Huberty's estimation of a 2% earnings loss if the top 20 apps on the App Store were able to eschew in-app payments. Stone Fox would also like you to care about that seemingly small number:\n\n Apple won most of their legal case with Epic Games based on the ruling announced on September 10, but the tech giant lost the ultimate battle. The stock remains priced for perfection while the company continues to have growth paths chipped away from the business.\n\nMy last article on this subject was called “Chipping Away at App Store.” This is what is happening and the trend is now clear. There is a mood globally to take Apple down a peg, and it is happening too slowly for many people to realize it is happening.\nMy own way of modeling the worst case is through my DCF model. It’s modeled as a 25% hit to Services in the first year, with services gross margin reduced from 68% to 65%, followed by a slightly increased growth rate in the segment because of composition effects — the rest of Services grows faster than App Store. I used to model that happening in fiscal 2024, but I have moved that up to fiscal 2023, beginning less than 13 months from now.\nHere is the effect on fair value on my base case:\n\nEven with the very slow start for the reason Stone Fox says — the share price has gotten way out ahead of cash flows — my base case still shows an 11% CAGR in fair value through the end of fiscal 2025. The App Store collapse takes that down to an 8% CAGR, 12% lower by 2025.\nCircling back, Stone Fox puts a button on this more succinctly than I can:\n\n The key investor takeaway is that Apple has a bright future. The company will continue generating profits with operating cash flows topping $100 billion annually, but the tech giant will struggle to generate the growth needed to warrant the current stock price. The 2% hit to earnings might not seem meaningful, but the amount is very harmful to a stock priced for perfection.\n\nHow To Take This Seriously\nIn my last article on this subject, someone cheekily replied in the comments, “‘Please take this seriously.’ What does that even mean?” That’s a good question. The first part of the answer is to stop pretending it’s not happening.\n“If your time horizon is short, now is a good time to take profits.” I have been using that phrase frequently since Apple hit $140. The last chart just formalizes it with math, but my opinion is that Apple will remain range-bound for some time, between $125 and $155, roughly. I still mean it: if your time horizon is short, now is a good time to take profits.\nBut I also believe that no other company is as prepared for the future of technology, regardless of what that brings. That is a far longer discussion. I have been buying Apple shares on the dip since 2005, which is two splits ago. My last buy was in January 2019, when Apple reported that they would miss guidance for the first time in many years. At the time, the commentariat was telling me that Apple’s best days were behind them. I tried to explain that Apple was in a transitional phase, part of a strategy they launched around 2015 to focus more on the growth of the iPhone user base than sales. The strategy would pay off soon, I predicted, and it did in fiscal 2021. That seems like a very long time ago now.\nA consequence of buying the dip from 2005 to 2019 is that I own way too many Apple shares that I could never bring myself to sell. I am massively overweight Apple. There is a “What To Do With The Apple Shares” clause in my will. It is our largest asset, worth more than the house. That has not made me nervous until the last few months, when the tide seemed to start turning on Apple on this issue. I also used to be someone who did not take this threat seriously. I am going to start shaving my position as opportunities present themselves, and one may happen this week with the iPhone launch on Tuesday.\nTo be clear, I will remain overweight Apple, just less so, and I remain bullish in the long term. But I no longer feel the safety I once did with this wildly overweight position.\nIn contrast, if you are a long term investor who does not have a massively overweight position, watch, wait and fight confirmation bias every day. If you think this begins and ends with Epic, you haven’t been paying attention.\nPlease take this seriously.\nI will be back in a few days with hopefully happier news from the iPhone launch on Tuesday. The big question is whether Apple can begin shipping iPhone before the quarter is out.","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142894933,"gmtCreate":1626139901122,"gmtModify":1633929751543,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"Bullish time","listText":"Bullish time","text":"Bullish time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/142894933","repostId":"1119839711","repostType":4,"repost":{"id":"1119839711","kind":"news","pubTimestamp":1626126339,"share":"https://www.laohu8.com/m/news/1119839711?lang=&edition=full","pubTime":"2021-07-13 05:45","market":"us","language":"en","title":"Dow narrowly misses first close at 35,000 but all 3 stock indexes log back-to-back record finishes ahead of bank earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1119839711","media":"MarketWatch","summary":"Dow ends just shy of 35,000 milestone.\n\nThe Dow Jones Industrial Average, S&P 500 index and Nasdaq C","content":"<blockquote>\n <b>Dow ends just shy of 35,000 milestone.</b>\n</blockquote>\n<p>The Dow Jones Industrial Average, S&amp;P 500 index and <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Composite on Monday advanced to back-to-back record finishes, starting the week the way the ended last week.</p>\n<p>The record finish comes as investors await semiannual testimony from Federal Reserve Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> beginning Wednesday and a batch of economic reports throughout the week, the unofficial start of corporate quarterly results.</p>\n<p><b>How did stock benchmarks end?</b></p>\n<ul>\n <li>The Dow Jones Industrial AverageDJIA,+0.36%rose 126.02 points, or 0.4%, to end at a record 34,996.18.</li>\n <li>S&amp;P 500 indexSPX,+0.35%added 15.08 points, or 0.4%, closing at a record 4,384.63, after touching an intraday high at 4,386.68.</li>\n <li>Nasdaq Composite IndexCOMP,+0.21%advanced 31.32 points, or 0.2%, finishing at a record 14,733.24, after establishing an intraday all-time high at 14,761.08.</li>\n</ul>\n<p>On Friday, the Dow and S&amp;P 500 finished the session at record highs, booking weekly gains of about 0.2% and 0.4%, respectively. The Nasdaq Composite finished the week at an all-time high with a 0.4% weekly gain.</p>\n<p><b>What drove the market?</b></p>\n<p>Major stock indexes rose to back-to-back closing records on Monday. The advance came ahead of a number of key events that could serve as catalysts later in the week, including the unofficial start of earnings season, which<b><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a> &amp; Co</b>.JPM,+1.43%will kick off Tuesday, Powell’s testimony on Capitol <a href=\"https://laohu8.com/S/HIL\">Hill</a>, and fresh readings on inflation.</p>\n<p>“People are thinking earnings are going to be strong and that may propel the market higher,” said John Carey, director of <a href=\"https://laohu8.com/S/EQR\">Equity</a> Income at Amundi U.S., adding that, for now, earnings have overshadowed uncertainty in <a href=\"https://laohu8.com/S/WASH\">Washington</a> over planned infrastructure spending and potentially higher corporate taxes.</p>\n<p>“Most people seem to be focused on the strength of the economy and the possibility of better earnings to support stock prices, which are definitely at high levels,” Carey told MarketWatch.</p>\n<p>Equity markets experienced a bout of turbulence last week before ending with a flourish, prompted partly by a drop in Treasury yields. Lower-bound rates for government debt had raised questions about the outlook for the U.S. economy in the recovery from the pandemic. The spread of the delta variant of COVID-19 has emerged as a concern, but so has the lofty valuations assigned to some segments of the market.</p>\n<p>Questions about the Fed’s monetary policy in the face of growing evidence of percolating inflation also have been blamed for some of the rocky trading.</p>\n<p>Yields for the 10-yearTMUBMUSD10Y,1.365%edged up less than a basis point to 1.362% on Monday, while the 30-year Treasury yieldsTMUBMUSD30Y,2.000%advanced by 1.2 basis points to 1.993%, near lows last seen in February.</p>\n<p>Federal Reserve Bank ofNew York President John <a href=\"https://laohu8.com/S/WMB\">Williams</a> told reportersMonday that conditions for scaling back its $120 billion a month bond-buying stimulus program have yet to be met.</p>\n<p>Although inflation and peak growth concerns continue to percolate andworry U.S. households, some strategists said those concerns may be “over-hyped” for markets.</p>\n<p>“Both the previous inflation concerns and the current peak growth concerns are likely over-extrapolated reflections of near-term trends that will not persist,” Glenmede’s team led by Jason Pride and Michael Reynolds, wrote in a Monday note.</p>\n<p>“Markets may remain volatile as they attempt to adjust to the rapidly&nbsp;evolving information flow during the ongoing recovery from the pandemic,” but those factors “should not be disruptive of markets longer term.”</p>\n<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> also have been keeping an eye on delta-driven COVID infections. The U.S. leads the world with a total of 33.85 million COVID cases and in deaths with 607,156. Dr. Anthony Fauci said on Monday thatboosters weren’t needed for now, but duringa Sunday CNN inview said it was “horrifying”to see conservatives cheer for low vaccination rates, blaming “ideological rigidity” for hobbling the fight against the pandemic.</p>\n<p>“We have long warned that vaccinations would be unlikely to trigger a smooth transition to normalcy,” Ben May, <a href=\"https://laohu8.com/S/OXM\">Oxford</a> Economics’ director of global macro research wrote Monday.</p>\n<p>No key data were on deck Monday ahead of a busy week in economic reports, starting with a reading of consumer prices on Tuesday.</p>\n<p>Separately, investors also were focused on discussions among finance ministers from the G-20, who are trying to assess the potential implications of a proposal for a global minimum tax.</p>\n<p>“We need sustainable sources of revenue that do not rely on further taxing workers’ wages and exacerbating the economic disparities that we are all committed to reducing,” U.S. Treasury Secretary Janet Yellen said in a speech to European Union countries about revamping the corporate tax code internationally.</p>\n<p>“We need to put an end to corporations shifting capital income to low tax jurisdictions, and to accounting gimmicks that allow them to avoid paying their fair share,” she said.</p>\n<p><b>Which companies were in focus?</b></p>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> Inc</b>.AVGO,+1.16%shares rose 1.2% Monday afterThe Wall Street Journal reportedthe chip and software company was in talks to buy SAS Institute Inc. in a deal that could value the smashup at $15 billion to $20 billion.</li>\n <li><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc</b>.AAPL,-0.42%&nbsp;shares fell 0.4% a day after a Delaware federal judgedismissed a Blix Inc. suit,saying it failed to demonstrate how Apple harmed competition in the mobile operating system market.</li>\n <li><b><a href=\"https://laohu8.com/S/LB\">L Brands Inc</a></b>.LB,+4.16%&nbsp;said it’s separating into two publiclytraded businesses next month, with theVictoria’s Secret &amp; Co.‘s underwear unit as “VSCO,” while the Bath &amp; BodyWorks Inc. arm under the “BBWI” ticker, starting Aug. 3.</li>\n <li><b><a href=\"https://laohu8.com/S/GME\">GameStop</a>&nbsp;Inc</b>.GME,-1.04%shares shed 1% Monday after Ascendiant Capital Markets lifted its 12-month price target to $25 from $10, but still nowhere near the company’s $189.25 closing price Monday.</li>\n <li>Weber, the maker of outdoor grills,has filed to go public, nearly 50 years after it’s iconic dome-like grill was made. Shares are set to&nbsp;trade on the <a href=\"https://laohu8.com/S/NWY\">New York</a> Stock Exchange under the ticker WEBR.</li>\n <li>Shares of<b><a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a>.</b>&nbsp;SPCEskid 17.3% Monday, it’s largest daily percent slump since March 16, 2020, a day after founder Richard Branson and five crewmates successfully flew into&nbsp;suborbital space on the company’s VSS <a href=\"https://laohu8.com/S/UNTY\">Unity</a>&nbsp;rocket-powered spaceplane.</li>\n <li><b>Couchbase Inc</b>.&nbsp;BASE,&nbsp;a provider of a database for enterprise applications, set terms for its initial public offering on Monday, with plans to offer 7 million shares, priced at $20 to $23 each. The company has applied to list on Nasdaq, under the ticker ‘BASE.’</li>\n <li>Shares of<b>Moderna Inc</b>.&nbsp;MRNArose 2.8% Monday after the company said it would supply 20 million doses of its COVID-19 vaccine to Argentina.</li>\n <li>Shares of<b><a href=\"https://laohu8.com/S/SWI\">SolarWinds Corp</a>.</b>&nbsp;SWI&nbsp;were 1.8% lower Monday, even after the information technology infrastructure management software company provided an upbeat second-quarter revenue outlook.</li>\n</ul>\n<p><b>How did other assets trade?</b></p>\n<ul>\n <li>The ICE U.S. Dollar Index&nbsp;DXY,&nbsp;a measure of the currency against six major rivals, was up 0.1%.</li>\n <li>Oil futures closed lower Monday, with the U.S. benchmark&nbsp;CL00&nbsp;CL.1,-0.51%down 0.6% settling at $74.10 a barrel. Gold&nbsp;GC00&nbsp;settled 0.3% lower at $1,805.90 an ounce.</li>\n <li>In European equities, the Stoxx Europe 600&nbsp;SXXP&nbsp;closed 0.7% higher, while London’s <a href=\"https://laohu8.com/S/.100.UK\">FTSE 100</a>&nbsp;UKX&nbsp;finished up 0.05% on Monday.</li>\n <li>In <a href=\"https://laohu8.com/S/00662\">Asia</a>, the Shanghai Composite&nbsp;SHCOMP&nbsp;gained 0.7%, Hong Kong’s Hang Seng Index&nbsp;HSI&nbsp;rose 0.6% on the session and Japan’s Nikkei 225&nbsp;NIK&nbsp;rallied 2.3% on Monday.</li>\n</ul>","source":"lsy1603348471595","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>Dow narrowly misses first close at 35,000 but all 3 stock indexes log back-to-back record finishes ahead of bank earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow narrowly misses first close at 35,000 but all 3 stock indexes log back-to-back record finishes ahead of bank earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 05:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/dow-set-for-pullback-from-records-tech-stocks-seen-buoyant-as-investors-await-earnings-powell-and-fresh-inflation-data-11626089989?mod=hp_LATEST><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dow ends just shy of 35,000 milestone.\n\nThe Dow Jones Industrial Average, S&P 500 index and Nasdaq Composite on Monday advanced to back-to-back record finishes, starting the week the way the ended ...</p>\n\n<a href=\"https://www.marketwatch.com/story/dow-set-for-pullback-from-records-tech-stocks-seen-buoyant-as-investors-await-earnings-powell-and-fresh-inflation-data-11626089989?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/dow-set-for-pullback-from-records-tech-stocks-seen-buoyant-as-investors-await-earnings-powell-and-fresh-inflation-data-11626089989?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119839711","content_text":"Dow ends just shy of 35,000 milestone.\n\nThe Dow Jones Industrial Average, S&P 500 index and Nasdaq Composite on Monday advanced to back-to-back record finishes, starting the week the way the ended last week.\nThe record finish comes as investors await semiannual testimony from Federal Reserve Chairman Jerome Powell beginning Wednesday and a batch of economic reports throughout the week, the unofficial start of corporate quarterly results.\nHow did stock benchmarks end?\n\nThe Dow Jones Industrial AverageDJIA,+0.36%rose 126.02 points, or 0.4%, to end at a record 34,996.18.\nS&P 500 indexSPX,+0.35%added 15.08 points, or 0.4%, closing at a record 4,384.63, after touching an intraday high at 4,386.68.\nNasdaq Composite IndexCOMP,+0.21%advanced 31.32 points, or 0.2%, finishing at a record 14,733.24, after establishing an intraday all-time high at 14,761.08.\n\nOn Friday, the Dow and S&P 500 finished the session at record highs, booking weekly gains of about 0.2% and 0.4%, respectively. The Nasdaq Composite finished the week at an all-time high with a 0.4% weekly gain.\nWhat drove the market?\nMajor stock indexes rose to back-to-back closing records on Monday. The advance came ahead of a number of key events that could serve as catalysts later in the week, including the unofficial start of earnings season, whichJPMorgan Chase & Co.JPM,+1.43%will kick off Tuesday, Powell’s testimony on Capitol Hill, and fresh readings on inflation.\n“People are thinking earnings are going to be strong and that may propel the market higher,” said John Carey, director of Equity Income at Amundi U.S., adding that, for now, earnings have overshadowed uncertainty in Washington over planned infrastructure spending and potentially higher corporate taxes.\n“Most people seem to be focused on the strength of the economy and the possibility of better earnings to support stock prices, which are definitely at high levels,” Carey told MarketWatch.\nEquity markets experienced a bout of turbulence last week before ending with a flourish, prompted partly by a drop in Treasury yields. Lower-bound rates for government debt had raised questions about the outlook for the U.S. economy in the recovery from the pandemic. The spread of the delta variant of COVID-19 has emerged as a concern, but so has the lofty valuations assigned to some segments of the market.\nQuestions about the Fed’s monetary policy in the face of growing evidence of percolating inflation also have been blamed for some of the rocky trading.\nYields for the 10-yearTMUBMUSD10Y,1.365%edged up less than a basis point to 1.362% on Monday, while the 30-year Treasury yieldsTMUBMUSD30Y,2.000%advanced by 1.2 basis points to 1.993%, near lows last seen in February.\nFederal Reserve Bank ofNew York President John Williams told reportersMonday that conditions for scaling back its $120 billion a month bond-buying stimulus program have yet to be met.\nAlthough inflation and peak growth concerns continue to percolate andworry U.S. households, some strategists said those concerns may be “over-hyped” for markets.\n“Both the previous inflation concerns and the current peak growth concerns are likely over-extrapolated reflections of near-term trends that will not persist,” Glenmede’s team led by Jason Pride and Michael Reynolds, wrote in a Monday note.\n“Markets may remain volatile as they attempt to adjust to the rapidly evolving information flow during the ongoing recovery from the pandemic,” but those factors “should not be disruptive of markets longer term.”\nInvestors also have been keeping an eye on delta-driven COVID infections. The U.S. leads the world with a total of 33.85 million COVID cases and in deaths with 607,156. Dr. Anthony Fauci said on Monday thatboosters weren’t needed for now, but duringa Sunday CNN inview said it was “horrifying”to see conservatives cheer for low vaccination rates, blaming “ideological rigidity” for hobbling the fight against the pandemic.\n“We have long warned that vaccinations would be unlikely to trigger a smooth transition to normalcy,” Ben May, Oxford Economics’ director of global macro research wrote Monday.\nNo key data were on deck Monday ahead of a busy week in economic reports, starting with a reading of consumer prices on Tuesday.\nSeparately, investors also were focused on discussions among finance ministers from the G-20, who are trying to assess the potential implications of a proposal for a global minimum tax.\n“We need sustainable sources of revenue that do not rely on further taxing workers’ wages and exacerbating the economic disparities that we are all committed to reducing,” U.S. Treasury Secretary Janet Yellen said in a speech to European Union countries about revamping the corporate tax code internationally.\n“We need to put an end to corporations shifting capital income to low tax jurisdictions, and to accounting gimmicks that allow them to avoid paying their fair share,” she said.\nWhich companies were in focus?\n\nBroadcom Inc.AVGO,+1.16%shares rose 1.2% Monday afterThe Wall Street Journal reportedthe chip and software company was in talks to buy SAS Institute Inc. in a deal that could value the smashup at $15 billion to $20 billion.\nApple Inc.AAPL,-0.42% shares fell 0.4% a day after a Delaware federal judgedismissed a Blix Inc. suit,saying it failed to demonstrate how Apple harmed competition in the mobile operating system market.\nL Brands Inc.LB,+4.16% said it’s separating into two publiclytraded businesses next month, with theVictoria’s Secret & Co.‘s underwear unit as “VSCO,” while the Bath & BodyWorks Inc. arm under the “BBWI” ticker, starting Aug. 3.\nGameStop Inc.GME,-1.04%shares shed 1% Monday after Ascendiant Capital Markets lifted its 12-month price target to $25 from $10, but still nowhere near the company’s $189.25 closing price Monday.\nWeber, the maker of outdoor grills,has filed to go public, nearly 50 years after it’s iconic dome-like grill was made. Shares are set to trade on the New York Stock Exchange under the ticker WEBR.\nShares ofVirgin Galactic Holdings Inc. SPCEskid 17.3% Monday, it’s largest daily percent slump since March 16, 2020, a day after founder Richard Branson and five crewmates successfully flew into suborbital space on the company’s VSS Unity rocket-powered spaceplane.\nCouchbase Inc. BASE, a provider of a database for enterprise applications, set terms for its initial public offering on Monday, with plans to offer 7 million shares, priced at $20 to $23 each. The company has applied to list on Nasdaq, under the ticker ‘BASE.’\nShares ofModerna Inc. MRNArose 2.8% Monday after the company said it would supply 20 million doses of its COVID-19 vaccine to Argentina.\nShares ofSolarWinds Corp. SWI were 1.8% lower Monday, even after the information technology infrastructure management software company provided an upbeat second-quarter revenue outlook.\n\nHow did other assets trade?\n\nThe ICE U.S. Dollar Index DXY, a measure of the currency against six major rivals, was up 0.1%.\nOil futures closed lower Monday, with the U.S. benchmark CL00 CL.1,-0.51%down 0.6% settling at $74.10 a barrel. Gold GC00 settled 0.3% lower at $1,805.90 an ounce.\nIn European equities, the Stoxx Europe 600 SXXP closed 0.7% higher, while London’s FTSE 100 UKX finished up 0.05% on Monday.\nIn Asia, the Shanghai Composite SHCOMP gained 0.7%, Hong Kong’s Hang Seng Index HSI rose 0.6% on the session and Japan’s Nikkei 225 NIK rallied 2.3% on Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128132374,"gmtCreate":1624505151898,"gmtModify":1634005123797,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"Go TESLA","listText":"Go TESLA","text":"Go TESLA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/128132374","repostId":"2145156570","repostType":4,"isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138758372,"gmtCreate":1621977782596,"gmtModify":1634185094670,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"Tesla is number 1 in EV","listText":"Tesla is number 1 in EV","text":"Tesla is number 1 in EV","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/138758372","repostId":"2138934961","repostType":4,"isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374045388,"gmtCreate":1619404557644,"gmtModify":1634273739965,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"Dont forget, May 1'st","listText":"Dont forget, May 1'st","text":"Dont forget, May 1'st","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/374045388","repostId":"1196378304","repostType":4,"isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348520343,"gmtCreate":1617943228082,"gmtModify":1634295605822,"author":{"id":"3581036261146444","authorId":"3581036261146444","name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581036261146444","authorIdStr":"3581036261146444"},"themes":[],"htmlText":"Covid gone, recoveru up ahead","listText":"Covid gone, recoveru up ahead","text":"Covid gone, recoveru up ahead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/348520343","repostId":"1160289591","repostType":4,"repost":{"id":"1160289591","kind":"news","pubTimestamp":1617941885,"share":"https://www.laohu8.com/m/news/1160289591?lang=&edition=full","pubTime":"2021-04-09 12:18","market":"sh","language":"en","title":"Asia: Markets mostly down but optimism remains","url":"https://stock-news.laohu8.com/highlight/detail?id=1160289591","media":"AFP","summary":"[HONG KONG] Most Asian markets retreated on Friday as traders took their foot off the pedal ahead of","content":"<p>[HONG KONG] Most Asian markets retreated on Friday as traders took their foot off the pedal ahead of a much-anticipated earnings season, while an increasingly confident mood on trading floors has analysts predicting the global equities rally still has legs.</p>\n<p>While some countries are having trouble with their vaccine programmes and a pick-up in infections, there is a general feeling that governments will get a better hold on the crisis and allow economies to reopen, if a little later than previously hoped.</p>\n<p>Wall Street provided another strong lead, with the S&amp;P 500 chalking up a second successive record and the Nasdaq piling on more than one percent as tech shares regained their mojo, having suffered recent selling.</p>\n<p>Federal Reserve boss Jerome Powell again repeated his mantra that the bank would stand fast in its pledge to keep borrowing costs at record lows for as long as needed to support recovery in the world's top economy.</p>\n<p>While last week's blockbuster jobs report was welcome, he said the \"recovery remains uneven and incomplete\" and he wanted to see more of those in future before he was happy progress was being made.</p>\n<p>Analysts said an unexpected rise in jobless claims last week backed up Mr Powell's stance.</p>\n<p>There remains a concern that the forecast strong recovery, reopening of the economy, President Joe Biden's vast spending sprees and the rollout of vaccines will fan inflation to a point that the Fed will be forced to lift rates earlier than it intends.</p>\n<p>Yields on benchmark 10-year Treasuries - a gauge of future rates - edged down as Mr Powell spoke, though they remain around a one-year high.</p>\n<p><b>'KIDS IN A CANDY STORE'</b></p>\n<p>Data on Friday showed Chinese producer prices rose at their fastest pace in more than two years owing to a jump in the cost of commodities.</p>\n<p>That has led to concerns the increases will filter through to the world economy from the export giant, putting pressure on central banks as they try to keep borrowing costs down.</p>\n<p>Axi strategist Stephen Innes said the figures \"might add a ripple or two of angst to the inflation pacifist calm that has fallen on the market\".</p>\n<p>Still, he added, \"Make no mistake this is a global equity market that is turning exceptionally comfortable with growth driving up yields supported by a Fed that is in absolutely no hurry to tap the brakes.</p>\n<p>\"The question is, does it get better than this, or are we nearing peak optimism? Or will US stocks remain in 'kids in a candy store mode' while gliding on a sugar rush tailwind from a once in a generation type stimulus effect?\"</p>\n<p>In early trade, Hong Kong and Shanghai, Sydney, Seoul, Singapore and Wellington were all lower, though there were gains in Tokyo and Jakarta.</p>\n<p>But Xi Qiao at UBS Global Wealth Management said there would likely be more gains in the pipeline.</p>\n<p>\"A lot of investors are worried about the stock market highs, but that doesn't mean it can't get higher, and the economic conditions are certainly set up for a positive equity environment,\" she told Bloomberg TV.</p>\n<p>Eyes are now turning to the release of corporate results for January to March, with expectations high that companies are seeing the benefits of the recovery and are hopeful for the outlook.</p>","source":"lsy1605843958005","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>Asia: Markets mostly down but optimism remains</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAsia: Markets mostly down but optimism remains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 12:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/stocks/asia-markets-mostly-down-but-optimism-remains><strong>AFP</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[HONG KONG] Most Asian markets retreated on Friday as traders took their foot off the pedal ahead of a much-anticipated earnings season, while an increasingly confident mood on trading floors has ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/asia-markets-mostly-down-but-optimism-remains\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.businesstimes.com.sg/stocks/asia-markets-mostly-down-but-optimism-remains","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160289591","content_text":"[HONG KONG] Most Asian markets retreated on Friday as traders took their foot off the pedal ahead of a much-anticipated earnings season, while an increasingly confident mood on trading floors has analysts predicting the global equities rally still has legs.\nWhile some countries are having trouble with their vaccine programmes and a pick-up in infections, there is a general feeling that governments will get a better hold on the crisis and allow economies to reopen, if a little later than previously hoped.\nWall Street provided another strong lead, with the S&P 500 chalking up a second successive record and the Nasdaq piling on more than one percent as tech shares regained their mojo, having suffered recent selling.\nFederal Reserve boss Jerome Powell again repeated his mantra that the bank would stand fast in its pledge to keep borrowing costs at record lows for as long as needed to support recovery in the world's top economy.\nWhile last week's blockbuster jobs report was welcome, he said the \"recovery remains uneven and incomplete\" and he wanted to see more of those in future before he was happy progress was being made.\nAnalysts said an unexpected rise in jobless claims last week backed up Mr Powell's stance.\nThere remains a concern that the forecast strong recovery, reopening of the economy, President Joe Biden's vast spending sprees and the rollout of vaccines will fan inflation to a point that the Fed will be forced to lift rates earlier than it intends.\nYields on benchmark 10-year Treasuries - a gauge of future rates - edged down as Mr Powell spoke, though they remain around a one-year high.\n'KIDS IN A CANDY STORE'\nData on Friday showed Chinese producer prices rose at their fastest pace in more than two years owing to a jump in the cost of commodities.\nThat has led to concerns the increases will filter through to the world economy from the export giant, putting pressure on central banks as they try to keep borrowing costs down.\nAxi strategist Stephen Innes said the figures \"might add a ripple or two of angst to the inflation pacifist calm that has fallen on the market\".\nStill, he added, \"Make no mistake this is a global equity market that is turning exceptionally comfortable with growth driving up yields supported by a Fed that is in absolutely no hurry to tap the brakes.\n\"The question is, does it get better than this, or are we nearing peak optimism? Or will US stocks remain in 'kids in a candy store mode' while gliding on a sugar rush tailwind from a once in a generation type stimulus effect?\"\nIn early trade, Hong Kong and Shanghai, Sydney, Seoul, Singapore and Wellington were all lower, though there were gains in Tokyo and Jakarta.\nBut Xi Qiao at UBS Global Wealth Management said there would likely be more gains in the pipeline.\n\"A lot of investors are worried about the stock market highs, but that doesn't mean it can't get higher, and the economic conditions are certainly set up for a positive equity environment,\" she told Bloomberg TV.\nEyes are now turning to the release of corporate results for January to March, with expectations high that companies are seeing the benefits of the recovery and are hopeful for the outlook.","news_type":1},"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}