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DivineP
DivineP
·
2021-04-22
Interesting
Dogecoin army’s campaign to drive crypto to $1 was a bust — so why are the bulls feeling vindicated?
It was a dollar or bust for the dogecoin community on Wednesday — and now it seems that dogecoin fan
Dogecoin army’s campaign to drive crypto to $1 was a bust — so why are the bulls feeling vindicated?
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DivineP
DivineP
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2021-04-21
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DivineP
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2021-04-21
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2021-04-21
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DivineP
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2021-04-21
Red tide!
S&P 500 opens flat after two days of losses, Netflix shares drop
Broader stock market futures were little changed on Wednesday as equities try to recover from two da
S&P 500 opens flat after two days of losses, Netflix shares drop
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However, a failed attempt at producing an epic rally in doge doesn’t seem to have deflated the staunchest supporters of the parody coin.</p>\n<p>A social-media initiative to drive dogecoin to the $1 level for the first time ended the way it was most likely to, according to skeptics.</p>\n<p>DogecoinDOGEUSD,-5.25%was last changing hands on CoinDesk at about 31 cents on Wednesday, down 15% on the day, and off more than 30% from a peak of 45.05 cents put in on April 16.</p>\n<p>Wednesday’s trading action comes after Tuesday’s campaign fell about 70 cents shy of its ambitious goal. Dogecoin fans on social sites Reddit and Discord, using hashtags #DogeDay and #Doge420, aimed to promote the day for the crypto as “Doge Day,” in an effort to help propel the surging crypto into the stratosphere, adding to the asset’s already spectacular gains of 2021.</p>\n<p>Indeed, dogecoin owners have enjoyed a parabolic surge in the so-called meme asset that was engineered back in 2013 as a lighthearted riff on the bitcoinBTCUSD,-2.17%phenomenon. It is up around 6,500% so far this year. By comparison, gold futuresGC00,+0.04%are down some 5.5% in 2021, while the Dow Jones Industrial AverageDJIA,+0.93%and the S&P 500SPX,+0.93%are both up by around 11%.</p>\n<p>Put another way, $1,000 invested in dogecoin at the start of the year would be worth over $57,000, based on MarketWatch’s calculation of a starting price of 0.005405 cent for dogecoin and a roughly 31 cent trading price now.</p>\n<p>Still, fans of dogecoin have ignored warnings from skeptics who point to the dangers of investing in an asset that doesn’t boast the utility or “store of value” concepts linked to bitcoin and Ethereum’s EtherETHUSD,+0.34%.</p>\n<p>On Redditor using the handle EthereumDreamexplained why dogecoinisn’t considered to be in the same league as Ether or bitcoin:</p>\n<blockquote>\n Bitcoin has a supply limit. No coins can ever be added above 21 million, so it is considered a good store of value. Unlike Bitcoin, Dogecoin is inflationary and has no supply limit. Each minute, 10,000 Doge is added into the network. At this rate, miners add more than 5 billion coins per year.\n</blockquote>\n<p>On Reddit’s r/dogecoin chat forum, meanwhile, bullish investors were still touting the fact that the crypto was trading at 30 cents, compared with less than a penny at the start of 2021.</p>\n<p></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>Dogecoin army’s campaign to drive crypto to $1 was a bust — so why are the bulls feeling vindicated?</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\">\nDogecoin army’s campaign to drive crypto to $1 was a bust — so why are the bulls feeling vindicated?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 10:56 GMT+8 <a href=https://www.marketwatch.com/story/dogecoin-armys-campaign-to-drive-crypto-to-1-was-a-bustso-why-do-bulls-still-feel-vindicated-11619024046?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It was a dollar or bust for the dogecoin community on Wednesday — and now it seems that dogecoin fanatics have been left with only the bust. However, a failed attempt at producing an epic rally in ...</p>\n\n<a href=\"https://www.marketwatch.com/story/dogecoin-armys-campaign-to-drive-crypto-to-1-was-a-bustso-why-do-bulls-still-feel-vindicated-11619024046?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":{},"source_url":"https://www.marketwatch.com/story/dogecoin-armys-campaign-to-drive-crypto-to-1-was-a-bustso-why-do-bulls-still-feel-vindicated-11619024046?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107502469","content_text":"It was a dollar or bust for the dogecoin community on Wednesday — and now it seems that dogecoin fanatics have been left with only the bust. However, a failed attempt at producing an epic rally in doge doesn’t seem to have deflated the staunchest supporters of the parody coin.\nA social-media initiative to drive dogecoin to the $1 level for the first time ended the way it was most likely to, according to skeptics.\nDogecoinDOGEUSD,-5.25%was last changing hands on CoinDesk at about 31 cents on Wednesday, down 15% on the day, and off more than 30% from a peak of 45.05 cents put in on April 16.\nWednesday’s trading action comes after Tuesday’s campaign fell about 70 cents shy of its ambitious goal. Dogecoin fans on social sites Reddit and Discord, using hashtags #DogeDay and #Doge420, aimed to promote the day for the crypto as “Doge Day,” in an effort to help propel the surging crypto into the stratosphere, adding to the asset’s already spectacular gains of 2021.\nIndeed, dogecoin owners have enjoyed a parabolic surge in the so-called meme asset that was engineered back in 2013 as a lighthearted riff on the bitcoinBTCUSD,-2.17%phenomenon. It is up around 6,500% so far this year. By comparison, gold futuresGC00,+0.04%are down some 5.5% in 2021, while the Dow Jones Industrial AverageDJIA,+0.93%and the S&P 500SPX,+0.93%are both up by around 11%.\nPut another way, $1,000 invested in dogecoin at the start of the year would be worth over $57,000, based on MarketWatch’s calculation of a starting price of 0.005405 cent for dogecoin and a roughly 31 cent trading price now.\nStill, fans of dogecoin have ignored warnings from skeptics who point to the dangers of investing in an asset that doesn’t boast the utility or “store of value” concepts linked to bitcoin and Ethereum’s EtherETHUSD,+0.34%.\nOn Redditor using the handle EthereumDreamexplained why dogecoinisn’t considered to be in the same league as Ether or bitcoin:\n\n Bitcoin has a supply limit. No coins can ever be added above 21 million, so it is considered a good store of value. Unlike Bitcoin, Dogecoin is inflationary and has no supply limit. Each minute, 10,000 Doge is added into the network. At this rate, miners add more than 5 billion coins per year.\n\nOn Reddit’s r/dogecoin chat forum, meanwhile, bullish investors were still touting the fact that the crypto was trading at 30 cents, compared with less than a penny at the start of 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378835359,"gmtCreate":1619014621871,"gmtModify":1634289202908,"author":{"id":"3582019838357097","authorId":"3582019838357097","name":"DivineP","avatar":"https://static.tigerbbs.com/923911c274ace1fe0a88b641c53b15f8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582019838357097","authorIdStr":"3582019838357097"},"themes":[],"htmlText":"Interesting ","listText":"Interesting ","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378835359","repostId":"2129710718","repostType":4,"isVote":1,"tweetType":1,"viewCount":750,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378836580,"gmtCreate":1619014563740,"gmtModify":1634289203872,"author":{"id":"3582019838357097","authorId":"3582019838357097","name":"DivineP","avatar":"https://static.tigerbbs.com/923911c274ace1fe0a88b641c53b15f8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582019838357097","authorIdStr":"3582019838357097"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378836580","repostId":"1192281958","repostType":4,"isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378830007,"gmtCreate":1619014368209,"gmtModify":1634289206984,"author":{"id":"3582019838357097","authorId":"3582019838357097","name":"DivineP","avatar":"https://static.tigerbbs.com/923911c274ace1fe0a88b641c53b15f8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582019838357097","authorIdStr":"3582019838357097"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378830007","repostId":"2129829074","repostType":4,"isVote":1,"tweetType":1,"viewCount":675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378897635,"gmtCreate":1619014339127,"gmtModify":1634289207348,"author":{"id":"3582019838357097","authorId":"3582019838357097","name":"DivineP","avatar":"https://static.tigerbbs.com/923911c274ace1fe0a88b641c53b15f8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582019838357097","authorIdStr":"3582019838357097"},"themes":[],"htmlText":"Nice ","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378897635","repostId":"2129829074","repostType":4,"isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378175735,"gmtCreate":1619013573527,"gmtModify":1634289221445,"author":{"id":"3582019838357097","authorId":"3582019838357097","name":"DivineP","avatar":"https://static.tigerbbs.com/923911c274ace1fe0a88b641c53b15f8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582019838357097","authorIdStr":"3582019838357097"},"themes":[],"htmlText":"Red tide! ","listText":"Red tide! ","text":"Red tide!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378175735","repostId":"1160986548","repostType":4,"repost":{"id":"1160986548","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":1619011969,"share":"https://www.laohu8.com/m/news/1160986548?lang=&edition=full","pubTime":"2021-04-21 21:32","market":"us","language":"en","title":"S&P 500 opens flat after two days of losses, Netflix shares drop","url":"https://stock-news.laohu8.com/highlight/detail?id=1160986548","media":"Tiger Newspress","summary":"Broader stock market futures were little changed on Wednesday as equities try to recover from two da","content":"<p>Broader stock market futures were little changed on Wednesday as equities try to recover from two days of losses. Futures for the tech-heavy Nasdaq-100 fell slightly as Netflix shares dropped.</p><p>Dow Jones Industrial Average fell 50 points, while Nasdaq-100 futures shed 0.35%. S&P 500 futures shed 0.2%.</p><p>Netflixshares plunged about 8% in premarket trading afterthe streaming giant reportedsubscriber additions that fell far short of Wall Street estimates as the demand surge from the pandemic started to fade. The company also said it only expects to add about 1 million subscribers in the current quarter, well below estimates. Shares of Roku fell 3% in sympathy.</p><p>Shares of Norwegian Cruise Line Holdings led a pop in reopening plays after Goldman Sachsupgraded the stock. Norwegian jumped 2% in early trading.</p><p>Wall Street suffered back-to-back losses as reopening plays led the market lower amid renewed concerns about rising new Covid cases globally. The Dow fell 250 points on Tuesday for its worst daily performance since March 23, while the S&P 500 and the Nasdaq slid 0.7% and 0.9%, respectively.</p><p>United Airlinesplunged 8.5% on Tuesday after the carrier reported its fifth consecutive quarterly loss and said that business and international travel is still far from a recovery. The State Department said it would increase “do not travel” advisories to 80% of the world’s countries, adding that the pandemic presents an “unprecedented risk to travelers.”</p><p>United shares rebounded slightly in early trading Wednesday.</p><p>The Cboe Volatility Index, also known as the VIX or the market’s fear gauge, rose for two consecutive days, landing above 18 after hitting a 14-month low last week.</p><p>Companies have been handing in solid quarterly results, but the bar is high for earnings to lift the stock market higher after a strong rally to record highs this year. The Dow and the S&P 500 are still both up 10% for the year after hitting records on Friday.</p><p>“This has been a very good earnings season as 90% of the S&P 500 companies delivered robust results, but the problem for stocks is that most of the good news has already been priced in,” Edward Moya, senior market analyst at Oanda, said in a note.</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 opens flat after two days of losses, Netflix shares drop</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\">\nS&P 500 opens flat after two days of losses, Netflix shares drop\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\">2021-04-21 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Broader stock market futures were little changed on Wednesday as equities try to recover from two days of losses. Futures for the tech-heavy Nasdaq-100 fell slightly as Netflix shares dropped.</p><p>Dow Jones Industrial Average fell 50 points, while Nasdaq-100 futures shed 0.35%. S&P 500 futures shed 0.2%.</p><p>Netflixshares plunged about 8% in premarket trading afterthe streaming giant reportedsubscriber additions that fell far short of Wall Street estimates as the demand surge from the pandemic started to fade. The company also said it only expects to add about 1 million subscribers in the current quarter, well below estimates. Shares of Roku fell 3% in sympathy.</p><p>Shares of Norwegian Cruise Line Holdings led a pop in reopening plays after Goldman Sachsupgraded the stock. Norwegian jumped 2% in early trading.</p><p>Wall Street suffered back-to-back losses as reopening plays led the market lower amid renewed concerns about rising new Covid cases globally. The Dow fell 250 points on Tuesday for its worst daily performance since March 23, while the S&P 500 and the Nasdaq slid 0.7% and 0.9%, respectively.</p><p>United Airlinesplunged 8.5% on Tuesday after the carrier reported its fifth consecutive quarterly loss and said that business and international travel is still far from a recovery. The State Department said it would increase “do not travel” advisories to 80% of the world’s countries, adding that the pandemic presents an “unprecedented risk to travelers.”</p><p>United shares rebounded slightly in early trading Wednesday.</p><p>The Cboe Volatility Index, also known as the VIX or the market’s fear gauge, rose for two consecutive days, landing above 18 after hitting a 14-month low last week.</p><p>Companies have been handing in solid quarterly results, but the bar is high for earnings to lift the stock market higher after a strong rally to record highs this year. The Dow and the S&P 500 are still both up 10% for the year after hitting records on Friday.</p><p>“This has been a very good earnings season as 90% of the S&P 500 companies delivered robust results, but the problem for stocks is that most of the good news has already been priced in,” Edward Moya, senior market analyst at Oanda, said in a note.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160986548","content_text":"Broader stock market futures were little changed on Wednesday as equities try to recover from two days of losses. Futures for the tech-heavy Nasdaq-100 fell slightly as Netflix shares dropped.Dow Jones Industrial Average fell 50 points, while Nasdaq-100 futures shed 0.35%. S&P 500 futures shed 0.2%.Netflixshares plunged about 8% in premarket trading afterthe streaming giant reportedsubscriber additions that fell far short of Wall Street estimates as the demand surge from the pandemic started to fade. The company also said it only expects to add about 1 million subscribers in the current quarter, well below estimates. Shares of Roku fell 3% in sympathy.Shares of Norwegian Cruise Line Holdings led a pop in reopening plays after Goldman Sachsupgraded the stock. Norwegian jumped 2% in early trading.Wall Street suffered back-to-back losses as reopening plays led the market lower amid renewed concerns about rising new Covid cases globally. The Dow fell 250 points on Tuesday for its worst daily performance since March 23, while the S&P 500 and the Nasdaq slid 0.7% and 0.9%, respectively.United Airlinesplunged 8.5% on Tuesday after the carrier reported its fifth consecutive quarterly loss and said that business and international travel is still far from a recovery. The State Department said it would increase “do not travel” advisories to 80% of the world’s countries, adding that the pandemic presents an “unprecedented risk to travelers.”United shares rebounded slightly in early trading Wednesday.The Cboe Volatility Index, also known as the VIX or the market’s fear gauge, rose for two consecutive days, landing above 18 after hitting a 14-month low last week.Companies have been handing in solid quarterly results, but the bar is high for earnings to lift the stock market higher after a strong rally to record highs this year. The Dow and the S&P 500 are still both up 10% for the year after hitting records on Friday.“This has been a very good earnings season as 90% of the S&P 500 companies delivered robust results, but the problem for stocks is that most of the good news has already been priced in,” Edward Moya, senior market analyst at Oanda, said in a note.","news_type":1},"isVote":1,"tweetType":1,"viewCount":632,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}