YF2021
2021-03-08
When is green week?
Toplines Before US Market Open on Monday
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The stock has lost a third of its value since its all-time intraday high in late January.</p><p>The 10-year U.S. Treasury yield hit 1.6% on Monday morning, after the Senate passed a $1.9 trillion coronavirus economic relief and stimulus bill on Saturday.</p><p><b>Stock Market Last Week</b></p><p>The stock market rally significant damage last week, with IBD declaring a market correction after Thursday.</p><p>The Dow Jones Industrial Average actually rose 1.8% in last week's stock market trading, though that all came in Friday's advance. The S&P 500 index edged up 0.8% last week, thanks to Friday's 1.75% gain. The Nasdaq composite slumped 2.1%, even with Friday's 1.55% pop. The Russell 2000 slipped 0.3%, thanks to Friday's 2.1% pop.</p><p>Growth stocks had another tough week.</p><p><b>Latest News:</b></p><p>1) The Senate passed the $1.9 trillion Biden stimulus plan on Saturday. That followed a late Friday deal on extended jobless benefits. House Majority Leader Steny Hoyer said the House plans to vote Tuesday on the Senate version of the Biden stimulus plan. It'll then go to President Joe Biden to sign.</p><p>2) The 10-year U.S. Treasury yield hit 1.6% on Monday morning, after the Senate passed a $1.9 trillion coronavirus economic relief and stimulus bill on Saturday.</p><p>3)Chinese electric vehicle (EV) maker Xpeng Inc said on Monday its net loss in the fourth quarter last year narrowed 42% compared with the same period in 2019, as EV sales increased in the world’s biggest car market.Xpeng said its net loss attributable to ordinary shareholders was 787.4 million yuan ($120.7 million) for the fourth quarter of 2020, compared with 1,354.6 million for the same period of 2019.</p><p><b>Stocks making the biggest moves in the premarket</b></p><p>Apollo Global(APO),Athene(ATH) – The private-equity firm’s shares gained 8% in premarket trading following news that it will merge with retirement services company Athene in an all-stock transaction that values Athene at about $11 billion. Athene shares surged 19.6%.</p><p>McAfee(MCFE) – The cybersecurity company’s shares jumped 10.9% in premarket trading, following news that it sold its enterprise business to privately held Symphony Technology Group for $4 billion in cash.</p><p>Walt Disney(DIS) – Disney will be able to reopen Disneyland after more than a year. California officials cleared theme parks and stadiums to open at reduced capacity on April 1. Separately, Disney’s “Raya and the Last Dragon” topped the weekend box office with $8.6 million in ticket sales, though that opening was muted after movie theater chain Cinemark(CNK) declined to show the film. Disney rose 1.5% premarket.</p><p>General Electric(GE) – GE is near a $30 billion dealto merge its aircraft leasing business with Ireland’sAerCap(AER), according to people familiar with the matter who spoke to The Wall Street Journal. An announcement is expected as soon as today, in what would be the latest restructuring move by GE. Its stock jumped 2.3% in the premarket, while AerCap shares surged 12.3%.</p><p>Adaptive Biotechnologies(ADPT) – Adaptive Biotechnologies received emergency use authorization from the Food and Drug Administration for its “T-Detect” test which confirms a recent or prior Covid-19 infection in patients. Its shares soared 11.3% in premarket action.</p><p>AT&T(T) – AT&T said Securities and Exchange Commission accusations against three employees are meritless and vowed to challenge them. The SEC alleges that the employees selectively shared information about smartphone sales in 2016, which prompted those analysts to lower their revenue forecasts.</p><p>Bumble(BMBL) – The dating service operator received a number of positive analyst recommendations, with Cowen rating the stock “outperform” in new coverage and Stifel and Citi initiating coverage with a “buy” rating, and Bumble shares rose 3.4% Friday. Analysts feel that Bumble is poised for a post-pandemic jump in usage. Despite the positive recommendations, the stock fell 2.8% in premarket trading.</p><p>GameStop(GME) – The video game retailer’s stock continues its volatile trading amid more Reddit-related momentum, up 11.4% in the premarket after rising for three straight sessions at the end of last week.</p><p>Xpeng(XPEV) – The China-based electric vehicle maker’s shares gained 2.2% in premarket trading after it reported a loss of $120.7 million for its latest quarter, 42% smaller than it had been in the year-ago quarter. Xpeng competitor Nio(NIO) fell 3.1% in premarket action after Jeffries cut its price target on the stock to $38.80 from $60.</p><p>Facebook (FB) – A racial bias investigation of Facebook by the Equal Employment Opportunity Commission has been designated as “systemic,” according to attorneys for four plaintiffs who spoke to Reuters. The plaintiffs are accusing Facebook of bias in hiring and promotions, although the EEOC has not brought any allegations against the social media giant and the investigation may not result in any findings of wrongdoing. Facebook lost 1% in premarket trading.</p><p>Coherent (COHR) – Coherent said a revised takeover proposal from optical electronics maker II-VI(IIVI) is superior to its pending merger agreement with Lumentum(LITE). Coherent – a developer of laser-based technology – gave Lumentum until 11:59 p.m. PT on March 11 to submit a revised proposal, or it intends to accept II-VI’s proposal of $170 per share in cash and 1.0981 shares of II-VI common stock for each Coherent share. II-VI stock fell 2.2% in the premarket.</p><p>VF Corp(VFC) – VF was upgraded to “buy” from “hold” at Pivotal Research, which cited a variety of factors including relatively easy comparable sales comparisons for Vans and a positive outlook for North Face and Timberland.</p><p>Pearson(PSON) – Pearson shares jumped 5.9% in premarket action after the educational publishing company announced a strategy update that more directly targets consumers.</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>Toplines Before US Market Open on Monday</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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The stock has lost a third of its value since its all-time intraday high in late January.</p><p>The 10-year U.S. Treasury yield hit 1.6% on Monday morning, after the Senate passed a $1.9 trillion coronavirus economic relief and stimulus bill on Saturday.</p><p><b>Stock Market Last Week</b></p><p>The stock market rally significant damage last week, with IBD declaring a market correction after Thursday.</p><p>The Dow Jones Industrial Average actually rose 1.8% in last week's stock market trading, though that all came in Friday's advance. The S&P 500 index edged up 0.8% last week, thanks to Friday's 1.75% gain. The Nasdaq composite slumped 2.1%, even with Friday's 1.55% pop. The Russell 2000 slipped 0.3%, thanks to Friday's 2.1% pop.</p><p>Growth stocks had another tough week.</p><p><b>Latest News:</b></p><p>1) The Senate passed the $1.9 trillion Biden stimulus plan on Saturday. That followed a late Friday deal on extended jobless benefits. House Majority Leader Steny Hoyer said the House plans to vote Tuesday on the Senate version of the Biden stimulus plan. It'll then go to President Joe Biden to sign.</p><p>2) The 10-year U.S. Treasury yield hit 1.6% on Monday morning, after the Senate passed a $1.9 trillion coronavirus economic relief and stimulus bill on Saturday.</p><p>3)Chinese electric vehicle (EV) maker Xpeng Inc said on Monday its net loss in the fourth quarter last year narrowed 42% compared with the same period in 2019, as EV sales increased in the world’s biggest car market.Xpeng said its net loss attributable to ordinary shareholders was 787.4 million yuan ($120.7 million) for the fourth quarter of 2020, compared with 1,354.6 million for the same period of 2019.</p><p><b>Stocks making the biggest moves in the premarket</b></p><p>Apollo Global(APO),Athene(ATH) – The private-equity firm’s shares gained 8% in premarket trading following news that it will merge with retirement services company Athene in an all-stock transaction that values Athene at about $11 billion. Athene shares surged 19.6%.</p><p>McAfee(MCFE) – The cybersecurity company’s shares jumped 10.9% in premarket trading, following news that it sold its enterprise business to privately held Symphony Technology Group for $4 billion in cash.</p><p>Walt Disney(DIS) – Disney will be able to reopen Disneyland after more than a year. California officials cleared theme parks and stadiums to open at reduced capacity on April 1. Separately, Disney’s “Raya and the Last Dragon” topped the weekend box office with $8.6 million in ticket sales, though that opening was muted after movie theater chain Cinemark(CNK) declined to show the film. Disney rose 1.5% premarket.</p><p>General Electric(GE) – GE is near a $30 billion dealto merge its aircraft leasing business with Ireland’sAerCap(AER), according to people familiar with the matter who spoke to The Wall Street Journal. An announcement is expected as soon as today, in what would be the latest restructuring move by GE. Its stock jumped 2.3% in the premarket, while AerCap shares surged 12.3%.</p><p>Adaptive Biotechnologies(ADPT) – Adaptive Biotechnologies received emergency use authorization from the Food and Drug Administration for its “T-Detect” test which confirms a recent or prior Covid-19 infection in patients. Its shares soared 11.3% in premarket action.</p><p>AT&T(T) – AT&T said Securities and Exchange Commission accusations against three employees are meritless and vowed to challenge them. The SEC alleges that the employees selectively shared information about smartphone sales in 2016, which prompted those analysts to lower their revenue forecasts.</p><p>Bumble(BMBL) – The dating service operator received a number of positive analyst recommendations, with Cowen rating the stock “outperform” in new coverage and Stifel and Citi initiating coverage with a “buy” rating, and Bumble shares rose 3.4% Friday. Analysts feel that Bumble is poised for a post-pandemic jump in usage. Despite the positive recommendations, the stock fell 2.8% in premarket trading.</p><p>GameStop(GME) – The video game retailer’s stock continues its volatile trading amid more Reddit-related momentum, up 11.4% in the premarket after rising for three straight sessions at the end of last week.</p><p>Xpeng(XPEV) – The China-based electric vehicle maker’s shares gained 2.2% in premarket trading after it reported a loss of $120.7 million for its latest quarter, 42% smaller than it had been in the year-ago quarter. Xpeng competitor Nio(NIO) fell 3.1% in premarket action after Jeffries cut its price target on the stock to $38.80 from $60.</p><p>Facebook (FB) – A racial bias investigation of Facebook by the Equal Employment Opportunity Commission has been designated as “systemic,” according to attorneys for four plaintiffs who spoke to Reuters. The plaintiffs are accusing Facebook of bias in hiring and promotions, although the EEOC has not brought any allegations against the social media giant and the investigation may not result in any findings of wrongdoing. Facebook lost 1% in premarket trading.</p><p>Coherent (COHR) – Coherent said a revised takeover proposal from optical electronics maker II-VI(IIVI) is superior to its pending merger agreement with Lumentum(LITE). Coherent – a developer of laser-based technology – gave Lumentum until 11:59 p.m. PT on March 11 to submit a revised proposal, or it intends to accept II-VI’s proposal of $170 per share in cash and 1.0981 shares of II-VI common stock for each Coherent share. II-VI stock fell 2.2% in the premarket.</p><p>VF Corp(VFC) – VF was upgraded to “buy” from “hold” at Pivotal Research, which cited a variety of factors including relatively easy comparable sales comparisons for Vans and a positive outlook for North Face and Timberland.</p><p>Pearson(PSON) – Pearson shares jumped 5.9% in premarket action after the educational publishing company announced a strategy update that more directly targets consumers.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159761864","content_text":"KEY POINTSU.S. stock futures dropped as rising Treasury yields brought renewed pressure to equities with lofty valuationsBrent hits $70 for first time since pandemic began after Saudi attack10-year Treasury yield rises to 1.6% after Senate passes stimulus packageChina’s Xpeng Reports Shrinking Losses as EV Deliveries Take OffU.S. stock futures were mostly lower Monday, with a sharp drop in the Nasdaq and tech stocks indicated to start the new week after Friday’s big turnaround.*Source From Tiger Trade, EST 07:36Technology-related stocks, including Facebook Inc, Apple Inc,Microsoft Inc and Amazon.com Inc, fell more than 1% in premarket after bearing the brunt of the sell-off in the past three weeks on fears of higher interest rates as the benchmark 10-year Treasury yield scaled one-year highs.Tesla shed another 3% in premarket after closing Friday below $600 per share for the first time since early December. The stock has lost a third of its value since its all-time intraday high in late January.The 10-year U.S. Treasury yield hit 1.6% on Monday morning, after the Senate passed a $1.9 trillion coronavirus economic relief and stimulus bill on Saturday.Stock Market Last WeekThe stock market rally significant damage last week, with IBD declaring a market correction after Thursday.The Dow Jones Industrial Average actually rose 1.8% in last week's stock market trading, though that all came in Friday's advance. The S&P 500 index edged up 0.8% last week, thanks to Friday's 1.75% gain. The Nasdaq composite slumped 2.1%, even with Friday's 1.55% pop. The Russell 2000 slipped 0.3%, thanks to Friday's 2.1% pop.Growth stocks had another tough week.Latest News:1) The Senate passed the $1.9 trillion Biden stimulus plan on Saturday. That followed a late Friday deal on extended jobless benefits. House Majority Leader Steny Hoyer said the House plans to vote Tuesday on the Senate version of the Biden stimulus plan. It'll then go to President Joe Biden to sign.2) The 10-year U.S. Treasury yield hit 1.6% on Monday morning, after the Senate passed a $1.9 trillion coronavirus economic relief and stimulus bill on Saturday.3)Chinese electric vehicle (EV) maker Xpeng Inc said on Monday its net loss in the fourth quarter last year narrowed 42% compared with the same period in 2019, as EV sales increased in the world’s biggest car market.Xpeng said its net loss attributable to ordinary shareholders was 787.4 million yuan ($120.7 million) for the fourth quarter of 2020, compared with 1,354.6 million for the same period of 2019.Stocks making the biggest moves in the premarketApollo Global(APO),Athene(ATH) – The private-equity firm’s shares gained 8% in premarket trading following news that it will merge with retirement services company Athene in an all-stock transaction that values Athene at about $11 billion. Athene shares surged 19.6%.McAfee(MCFE) – The cybersecurity company’s shares jumped 10.9% in premarket trading, following news that it sold its enterprise business to privately held Symphony Technology Group for $4 billion in cash.Walt Disney(DIS) – Disney will be able to reopen Disneyland after more than a year. California officials cleared theme parks and stadiums to open at reduced capacity on April 1. Separately, Disney’s “Raya and the Last Dragon” topped the weekend box office with $8.6 million in ticket sales, though that opening was muted after movie theater chain Cinemark(CNK) declined to show the film. Disney rose 1.5% premarket.General Electric(GE) – GE is near a $30 billion dealto merge its aircraft leasing business with Ireland’sAerCap(AER), according to people familiar with the matter who spoke to The Wall Street Journal. An announcement is expected as soon as today, in what would be the latest restructuring move by GE. Its stock jumped 2.3% in the premarket, while AerCap shares surged 12.3%.Adaptive Biotechnologies(ADPT) – Adaptive Biotechnologies received emergency use authorization from the Food and Drug Administration for its “T-Detect” test which confirms a recent or prior Covid-19 infection in patients. Its shares soared 11.3% in premarket action.AT&T(T) – AT&T said Securities and Exchange Commission accusations against three employees are meritless and vowed to challenge them. The SEC alleges that the employees selectively shared information about smartphone sales in 2016, which prompted those analysts to lower their revenue forecasts.Bumble(BMBL) – The dating service operator received a number of positive analyst recommendations, with Cowen rating the stock “outperform” in new coverage and Stifel and Citi initiating coverage with a “buy” rating, and Bumble shares rose 3.4% Friday. Analysts feel that Bumble is poised for a post-pandemic jump in usage. Despite the positive recommendations, the stock fell 2.8% in premarket trading.GameStop(GME) – The video game retailer’s stock continues its volatile trading amid more Reddit-related momentum, up 11.4% in the premarket after rising for three straight sessions at the end of last week.Xpeng(XPEV) – The China-based electric vehicle maker’s shares gained 2.2% in premarket trading after it reported a loss of $120.7 million for its latest quarter, 42% smaller than it had been in the year-ago quarter. Xpeng competitor Nio(NIO) fell 3.1% in premarket action after Jeffries cut its price target on the stock to $38.80 from $60.Facebook (FB) – A racial bias investigation of Facebook by the Equal Employment Opportunity Commission has been designated as “systemic,” according to attorneys for four plaintiffs who spoke to Reuters. The plaintiffs are accusing Facebook of bias in hiring and promotions, although the EEOC has not brought any allegations against the social media giant and the investigation may not result in any findings of wrongdoing. Facebook lost 1% in premarket trading.Coherent (COHR) – Coherent said a revised takeover proposal from optical electronics maker II-VI(IIVI) is superior to its pending merger agreement with Lumentum(LITE). Coherent – a developer of laser-based technology – gave Lumentum until 11:59 p.m. PT on March 11 to submit a revised proposal, or it intends to accept II-VI’s proposal of $170 per share in cash and 1.0981 shares of II-VI common stock for each Coherent share. II-VI stock fell 2.2% in the premarket.VF Corp(VFC) – VF was upgraded to “buy” from “hold” at Pivotal Research, which cited a variety of factors including relatively easy comparable sales comparisons for Vans and a positive outlook for North Face and Timberland.Pearson(PSON) – Pearson shares jumped 5.9% in premarket action after the educational publishing company announced a strategy update that more directly targets consumers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":254,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":16,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/329361821"}
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