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standbyme
standbyme
·
2021-10-22
Great looking forward
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standbyme
standbyme
·
2021-08-26
Great. Pls go back to your glory days !
Snowflake Beats Revenue Estimates and Gives Upbeat Forecast
(Bloomberg) -- Snowflake Inc., the software company with 2020’s biggest U.S. initial public offering
Snowflake Beats Revenue Estimates and Gives Upbeat Forecast
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standbyme
standbyme
·
2021-08-02
Cmon [Serious]
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standbyme
standbyme
·
2021-07-28
When ?
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standbyme
standbyme
·
2021-07-26
$Pinterest, Inc.(PINS)$
Excited ! [Call] [Strong]
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standbyme
standbyme
·
2021-07-22
[Cry]
@DerrickC:
$Clean Energy Fuels(CLNE)$damm
$Clean Energy Fuels(CLNE)$damm
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standbyme
standbyme
·
2021-07-22
Why this article seems to contradict on the other article ‘Growth stock that could makesyou a millionaire’ published on 16 Jul? [Doubt]
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standbyme
standbyme
·
2021-07-13
Small drop before the next high ?
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standbyme
standbyme
·
2021-07-13
$Clean Energy Fuels(CLNE)$
坚持到底[Serious]
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standbyme
standbyme
·
2021-07-13
Sian.. [Glance]
Dow retreats slightly from record as hot inflation report overshadows strong earnings
Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong
Dow retreats slightly from record as hot inflation report overshadows strong earnings
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Pls go back to your glory days ! ","listText":"Great. Pls go back to your glory days ! ","text":"Great. Pls go back to your glory days !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810056571","repostId":"2162507820","repostType":2,"repost":{"id":"2162507820","kind":"news","pubTimestamp":1629934288,"share":"https://www.laohu8.com/m/news/2162507820?lang=&edition=full","pubTime":"2021-08-26 07:31","market":"us","language":"en","title":"Snowflake Beats Revenue Estimates and Gives Upbeat Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2162507820","media":"Bloomberg","summary":"(Bloomberg) -- Snowflake Inc., the software company with 2020’s biggest U.S. initial public offering","content":"<p>(Bloomberg) -- <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> Inc., the software company with 2020’s biggest U.S. initial public offering, delivered better-than-expected results and a rosy forecast for the current quarter.</p>\n<p>Product sales, which make up more than 90% of Snowflake’s revenue, will be $280 million to $285 million this quarter, the company said on Wednesday. Analysts have projected $271.4 million on average. Revenue also topped projections in the second quarter, and Snowflake posted a narrower loss than predicted.</p>\n<p>Snowflake, which makes software for warehousing data in the cloud, is benefiting from companies modernizing their corporate applications and networks. Customers also are seeking ways to manage and analyze ever-increasing volumes of information from multiple locations. And Snowflake is facing less of a threat from a rival Amazon Web Services product called Redshift, according to <a href=\"https://laohu8.com/S/UGBLF\">UBS AG</a>.</p>\n<p>Snowflake makes software that pulls in, stores and analyzes information from multiple systems. Its customers include BlackRock Inc. and McKesson Corp. Product revenue climbed to $254.6 million last quarter, compared with an average analyst estimate of $240.1 million. 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It currently lists Bozeman, Montana -- where Chief Executive Officer Frank Slootman and Chief Financial Officer Mike Scarpelli live -- as its principal executive office.</p>\n<p>Snowflake shares rose nearly 4% in after-hour trading.</p>","source":"yahoofinance","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>Snowflake Beats Revenue Estimates and Gives Upbeat Forecast</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\">\nSnowflake Beats Revenue Estimates and Gives Upbeat Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 07:31 GMT+8 <a href=https://finance.yahoo.com/news/snowflake-beats-revenue-estimates-gives-202528632.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Snowflake Inc., the software company with 2020’s biggest U.S. initial public offering, delivered better-than-expected results and a rosy forecast for the current quarter.\nProduct sales,...</p>\n\n<a href=\"https://finance.yahoo.com/news/snowflake-beats-revenue-estimates-gives-202528632.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://finance.yahoo.com/news/snowflake-beats-revenue-estimates-gives-202528632.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2162507820","content_text":"(Bloomberg) -- Snowflake Inc., the software company with 2020’s biggest U.S. initial public offering, delivered better-than-expected results and a rosy forecast for the current quarter.\nProduct sales, which make up more than 90% of Snowflake’s revenue, will be $280 million to $285 million this quarter, the company said on Wednesday. Analysts have projected $271.4 million on average. Revenue also topped projections in the second quarter, and Snowflake posted a narrower loss than predicted.\nSnowflake, which makes software for warehousing data in the cloud, is benefiting from companies modernizing their corporate applications and networks. Customers also are seeking ways to manage and analyze ever-increasing volumes of information from multiple locations. And Snowflake is facing less of a threat from a rival Amazon Web Services product called Redshift, according to UBS AG.\nSnowflake makes software that pulls in, stores and analyzes information from multiple systems. Its customers include BlackRock Inc. and McKesson Corp. Product revenue climbed to $254.6 million last quarter, compared with an average analyst estimate of $240.1 million. Snowflake reported a loss of 64 cents a share, narrower than the 70 cents projected.\nAt its analyst day in June, Snowflake said it is aiming for $10 billion in sales by fiscal 2029. Analysts expect annual sales to top $1 billion in the current fiscal year, 2022.\nSnowflake listed on the New York Stock Exchange in September in the largest IPO ever for a software maker. The stock has more than doubled since then. It climbed as much as 5.3% to $298.75 in late trading Wednesday, before paring the gains.\nThe onetime Silicon Valley company said in May that it no longer has a corporate headquarters because its workforce is distributed. It currently lists Bozeman, Montana -- where Chief Executive Officer Frank Slootman and Chief Financial Officer Mike Scarpelli live -- as its principal executive office.\nSnowflake shares rose nearly 4% in after-hour trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":649,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804021541,"gmtCreate":1627912979483,"gmtModify":1631888350188,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"Cmon [Serious] ","listText":"Cmon [Serious] ","text":"Cmon [Serious]","images":[{"img":"https://static.tigerbbs.com/7d74971f5c0c873796335df45cb62b37","width":"1125","height":"3838"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804021541","isVote":1,"tweetType":1,"viewCount":621,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":803893042,"gmtCreate":1627430591686,"gmtModify":1633765126736,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"When ? ","listText":"When ? ","text":"When ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803893042","repostId":"2154167359","repostType":2,"isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800620374,"gmtCreate":1627299337398,"gmtModify":1631886148916,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Excited ! [Call] [Strong] ","listText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Excited ! [Call] [Strong] ","text":"$Pinterest, Inc.(PINS)$Excited ! [Call] [Strong]","images":[{"img":"https://static.tigerbbs.com/8e6afc528f93b842ce425c729a41ebf0","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/800620374","isVote":1,"tweetType":1,"viewCount":719,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":172094175,"gmtCreate":1626919487597,"gmtModify":1633769733021,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"[Cry] ","listText":"[Cry] ","text":"[Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/172094175","repostId":"178302163","repostType":1,"repost":{"id":178302163,"gmtCreate":1626786896152,"gmtModify":1631885981393,"author":{"id":"3571496827776013","authorId":"3571496827776013","name":"DerrickC","avatar":"https://static.tigerbbs.com/e597f441411c3dba94a89dc37058d7f4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571496827776013","authorIdStr":"3571496827776013"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CLNE\">$Clean Energy Fuels(CLNE)$</a>damm","listText":"<a href=\"https://laohu8.com/S/CLNE\">$Clean Energy Fuels(CLNE)$</a>damm","text":"$Clean Energy Fuels(CLNE)$damm","images":[{"img":"https://static.tigerbbs.com/c18d1cc6f7bbdff7bc98c48b003d16ce","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/178302163","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176485337,"gmtCreate":1626912286029,"gmtModify":1633769881484,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"Why this article seems to contradict on the other article ‘Growth stock that could makesyou a millionaire’ published on 16 Jul? [Doubt] ","listText":"Why this article seems to contradict on the other article ‘Growth stock that could makesyou a millionaire’ published on 16 Jul? [Doubt] ","text":"Why this article seems to contradict on the other article ‘Growth stock that could makesyou a millionaire’ published on 16 Jul? [Doubt]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/176485337","repostId":"2152693458","repostType":2,"isVote":1,"tweetType":1,"viewCount":571,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145999003,"gmtCreate":1626185158202,"gmtModify":1633929278119,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"Small drop before the next high ? ","listText":"Small drop before the next high ? ","text":"Small drop before the next high ?","images":[{"img":"https://static.tigerbbs.com/994638455b0424ffd4c886ad267b5408","width":"1125","height":"3372"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/145999003","isVote":1,"tweetType":1,"viewCount":681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":145904342,"gmtCreate":1626185091586,"gmtModify":1631885981506,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CLNE\">$Clean Energy Fuels(CLNE)$</a>坚持到底[Serious] ","listText":"<a href=\"https://laohu8.com/S/CLNE\">$Clean Energy Fuels(CLNE)$</a>坚持到底[Serious] ","text":"$Clean Energy Fuels(CLNE)$坚持到底[Serious]","images":[{"img":"https://static.tigerbbs.com/68933726efd1d9e93b68b4cc8b124bbe","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/145904342","isVote":1,"tweetType":1,"viewCount":1396,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":145076547,"gmtCreate":1626184771889,"gmtModify":1633929288876,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"Sian.. [Glance] ","listText":"Sian.. [Glance] ","text":"Sian.. [Glance]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/145076547","repostId":"1111418784","repostType":4,"repost":{"id":"1111418784","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":1626183009,"share":"https://www.laohu8.com/m/news/1111418784?lang=&edition=full","pubTime":"2021-07-13 21:30","market":"us","language":"en","title":"Dow retreats slightly from record as hot inflation report overshadows strong earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1111418784","media":"Tiger Newspress","summary":"Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong ","content":"<p>Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong start to second-quarter earnings season.</p>\n<p>The Dow Jones Industrial average shed 20 points, or 0.1%. The measure closed at a record just below 35,000 the day prior. The S&P 500 lost 0.1%. The Nasdaq Composite also fell 0.1%.</p>\n<p>Inflation rose at its fastest pace in nearly 13 years,the Labor Department reported Tuesday. The consumer price index increased 5.4% from a year ago; economists surveyed by Dow Jones expected a 5% gain. Core CPI, excluding food and energy, jumped 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.</p>\n<p>\"A white-hot June CPI print has the markets jittery this morning,\" Cliff Hodge, CIO at Cornerstone Wealth, said. \"Moving forward we expect these inflation numbers to begin to cool. June 2020 was the absolute low for Core CPI during the pandemic shutdown, so the comparisons get tougher from here. Used car prices soared 45% year over year which is not likely to persist in coming months.\"</p>\n<p>The10-year U.S. Treasury yield edged slightly higher following the CPI report.</p>\n<p>The latest inflation data came after big banks and PepsiCo posted blowout second-quarter earnings reports beating Wall Street estimates. But with stocks at record highs and the Dow Jones Industrial Average just shy of 35,000, expectations likely ran higher than the official estimates reflected.</p>\n<p>JPMorgan Chase shares dipped in the premarket even after posting second-quarter earningsof $11.9 billion, or $3.78 per share, which exceeded the $3.21 estimate of analysts surveyed by Refinitiv.</p>\n<p>Banks set aside billions of dollars for loan losses amid the pandemic, but have been releasing those reserves as consumers performed better than expected. JPMorgan released $3 billion in loan loss reserves after taking just $734 million in charge-offs. That gave the firm a $2.3 billion benefit, allowing the bank to top earnings expectations. Investors may be giving less credit to JPMorgan's earnings beat due to this loan loss reserve release.</p>\n<p>Meanwhile, Goldman Sachs shared edged about 1% higher in premarket trading. The firm reported second-quarter earnings of $15.02 per share, topping analysts' expectation of $10.24 earnings per share. The bank posted its second-best ever quarterly investment banking revenue as a rush of IPOs hit Wall Street last quarter.</p>\n<p>PepsiCo also crushed estimates for its second-quarter earnings and revenue, fueled by returning restaurant demand. The drink and snack giant also raised its forecast. Shares added more than 1% in premarket trading.</p>\n<p>Overall earnings reports are expected to be stellar for the second quarter over the coming weeks with profit growth estimated at 64% year-over-year for the quarter, according to FactSet. That would be the biggest quarterly profit increase since 2009.</p>\n<p>Banks' earnings are expected to more than double for the second quarter, with an estimated 119.5% estimated year-over-year growth rate, according to analysts polled by FactSet.</p>\n<p>In the regular trading session on Monday theDowrose 126.02 points to close just below 35,000. The blue-chip measure is up 14% this year. TheS&P 500andNasdaq Compositegained 0.3% and 0.2%, respectively, to record closes.</p>\n<p>\"High expectations for earnings and each companies' forward guidance will push markets higher or disappointment may create a small pullback in equity markets,\" said Jeff Kilburg, chief investment officer at Sanctuary Wealth. \"Eyes will be on the major banks to set the tone for the next few weeks of earnings.\"</p>\n<p>Bank of America,Citi group,Wells Fargo and Morgan Stanley all ended Monday higher as well. They will report their earnings later in the week.</p>\n<p>Federal Reserve Chairman Jerome Powellis scheduled to appearin front of Congress Wednesday and Thursday to provide an update on monetary policy. He has maintained that the Fed's easy policies will remain intact until there's more progress on its employment and inflation goals.</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>Dow retreats slightly from record as hot inflation report overshadows strong 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; 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\">\nDow retreats slightly from record as hot inflation report overshadows strong earnings\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\">2021-07-13 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong start to second-quarter earnings season.</p>\n<p>The Dow Jones Industrial average shed 20 points, or 0.1%. The measure closed at a record just below 35,000 the day prior. The S&P 500 lost 0.1%. The Nasdaq Composite also fell 0.1%.</p>\n<p>Inflation rose at its fastest pace in nearly 13 years,the Labor Department reported Tuesday. The consumer price index increased 5.4% from a year ago; economists surveyed by Dow Jones expected a 5% gain. Core CPI, excluding food and energy, jumped 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.</p>\n<p>\"A white-hot June CPI print has the markets jittery this morning,\" Cliff Hodge, CIO at Cornerstone Wealth, said. \"Moving forward we expect these inflation numbers to begin to cool. June 2020 was the absolute low for Core CPI during the pandemic shutdown, so the comparisons get tougher from here. Used car prices soared 45% year over year which is not likely to persist in coming months.\"</p>\n<p>The10-year U.S. Treasury yield edged slightly higher following the CPI report.</p>\n<p>The latest inflation data came after big banks and PepsiCo posted blowout second-quarter earnings reports beating Wall Street estimates. But with stocks at record highs and the Dow Jones Industrial Average just shy of 35,000, expectations likely ran higher than the official estimates reflected.</p>\n<p>JPMorgan Chase shares dipped in the premarket even after posting second-quarter earningsof $11.9 billion, or $3.78 per share, which exceeded the $3.21 estimate of analysts surveyed by Refinitiv.</p>\n<p>Banks set aside billions of dollars for loan losses amid the pandemic, but have been releasing those reserves as consumers performed better than expected. JPMorgan released $3 billion in loan loss reserves after taking just $734 million in charge-offs. That gave the firm a $2.3 billion benefit, allowing the bank to top earnings expectations. Investors may be giving less credit to JPMorgan's earnings beat due to this loan loss reserve release.</p>\n<p>Meanwhile, Goldman Sachs shared edged about 1% higher in premarket trading. The firm reported second-quarter earnings of $15.02 per share, topping analysts' expectation of $10.24 earnings per share. The bank posted its second-best ever quarterly investment banking revenue as a rush of IPOs hit Wall Street last quarter.</p>\n<p>PepsiCo also crushed estimates for its second-quarter earnings and revenue, fueled by returning restaurant demand. The drink and snack giant also raised its forecast. Shares added more than 1% in premarket trading.</p>\n<p>Overall earnings reports are expected to be stellar for the second quarter over the coming weeks with profit growth estimated at 64% year-over-year for the quarter, according to FactSet. That would be the biggest quarterly profit increase since 2009.</p>\n<p>Banks' earnings are expected to more than double for the second quarter, with an estimated 119.5% estimated year-over-year growth rate, according to analysts polled by FactSet.</p>\n<p>In the regular trading session on Monday theDowrose 126.02 points to close just below 35,000. The blue-chip measure is up 14% this year. TheS&P 500andNasdaq Compositegained 0.3% and 0.2%, respectively, to record closes.</p>\n<p>\"High expectations for earnings and each companies' forward guidance will push markets higher or disappointment may create a small pullback in equity markets,\" said Jeff Kilburg, chief investment officer at Sanctuary Wealth. \"Eyes will be on the major banks to set the tone for the next few weeks of earnings.\"</p>\n<p>Bank of America,Citi group,Wells Fargo and Morgan Stanley all ended Monday higher as well. They will report their earnings later in the week.</p>\n<p>Federal Reserve Chairman Jerome Powellis scheduled to appearin front of Congress Wednesday and Thursday to provide an update on monetary policy. He has maintained that the Fed's easy policies will remain intact until there's more progress on its employment and inflation goals.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111418784","content_text":"Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong start to second-quarter earnings season.\nThe Dow Jones Industrial average shed 20 points, or 0.1%. The measure closed at a record just below 35,000 the day prior. The S&P 500 lost 0.1%. The Nasdaq Composite also fell 0.1%.\nInflation rose at its fastest pace in nearly 13 years,the Labor Department reported Tuesday. The consumer price index increased 5.4% from a year ago; economists surveyed by Dow Jones expected a 5% gain. Core CPI, excluding food and energy, jumped 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.\n\"A white-hot June CPI print has the markets jittery this morning,\" Cliff Hodge, CIO at Cornerstone Wealth, said. \"Moving forward we expect these inflation numbers to begin to cool. June 2020 was the absolute low for Core CPI during the pandemic shutdown, so the comparisons get tougher from here. Used car prices soared 45% year over year which is not likely to persist in coming months.\"\nThe10-year U.S. Treasury yield edged slightly higher following the CPI report.\nThe latest inflation data came after big banks and PepsiCo posted blowout second-quarter earnings reports beating Wall Street estimates. But with stocks at record highs and the Dow Jones Industrial Average just shy of 35,000, expectations likely ran higher than the official estimates reflected.\nJPMorgan Chase shares dipped in the premarket even after posting second-quarter earningsof $11.9 billion, or $3.78 per share, which exceeded the $3.21 estimate of analysts surveyed by Refinitiv.\nBanks set aside billions of dollars for loan losses amid the pandemic, but have been releasing those reserves as consumers performed better than expected. JPMorgan released $3 billion in loan loss reserves after taking just $734 million in charge-offs. That gave the firm a $2.3 billion benefit, allowing the bank to top earnings expectations. Investors may be giving less credit to JPMorgan's earnings beat due to this loan loss reserve release.\nMeanwhile, Goldman Sachs shared edged about 1% higher in premarket trading. The firm reported second-quarter earnings of $15.02 per share, topping analysts' expectation of $10.24 earnings per share. The bank posted its second-best ever quarterly investment banking revenue as a rush of IPOs hit Wall Street last quarter.\nPepsiCo also crushed estimates for its second-quarter earnings and revenue, fueled by returning restaurant demand. The drink and snack giant also raised its forecast. Shares added more than 1% in premarket trading.\nOverall earnings reports are expected to be stellar for the second quarter over the coming weeks with profit growth estimated at 64% year-over-year for the quarter, according to FactSet. That would be the biggest quarterly profit increase since 2009.\nBanks' earnings are expected to more than double for the second quarter, with an estimated 119.5% estimated year-over-year growth rate, according to analysts polled by FactSet.\nIn the regular trading session on Monday theDowrose 126.02 points to close just below 35,000. The blue-chip measure is up 14% this year. TheS&P 500andNasdaq Compositegained 0.3% and 0.2%, respectively, to record closes.\n\"High expectations for earnings and each companies' forward guidance will push markets higher or disappointment may create a small pullback in equity markets,\" said Jeff Kilburg, chief investment officer at Sanctuary Wealth. \"Eyes will be on the major banks to set the tone for the next few weeks of earnings.\"\nBank of America,Citi group,Wells Fargo and Morgan Stanley all ended Monday higher as well. They will report their earnings later in the week.\nFederal Reserve Chairman Jerome Powellis scheduled to appearin front of Congress Wednesday and Thursday to provide an update on monetary policy. He has maintained that the Fed's easy policies will remain intact until there's more progress on its employment and inflation goals.","news_type":1},"isVote":1,"tweetType":1,"viewCount":574,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}