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_Turtle_
2021-08-21
$Apple(AAPL)$
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_Turtle_
2021-06-19
$Pinterest, Inc.(PINS)$
Up up
_Turtle_
2021-06-19
Ready to go up
_Turtle_
2021-05-19
Good buy
_Turtle_
2021-05-11
$Palantir Technologies Inc.(PLTR)$
Down down down
_Turtle_
2021-05-09
Thanks
U.S. hiring takes big step back as businesses scramble for workers, raw materials
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2021-05-09
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US IPO Week Ahead: Mortgage insurance and cross-border e-commerce lead a 7 IPO week
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2021-05-09
Buy on dip
_Turtle_
2021-05-07
$Palantir Technologies Inc.(PLTR)$
😭😭
_Turtle_
2021-05-06
$Pinterest, Inc.(PINS)$
..
_Turtle_
2021-05-01
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Stocks Decline Amid Earnings, Economic Reports: Markets Wrap
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2021-05-01
Thanks
抱歉,原内容已删除
_Turtle_
2021-05-01
$Pinterest, Inc.(PINS)$
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2021-05-01
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LIVE MARKETS-Psst, maybe not wise to follow inflationistas' tips
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2021-05-01
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BRIEF-DBV Technologies - On Apr 26, Nasdaq Notified Co That Nasdaq Has Determined Co Has Regained Compliance With Nasdaq Quorum Requirement
_Turtle_
2021-04-17
$Pinterest, Inc.(PINS)$
Buy the dip?
_Turtle_
2021-04-16
$Palantir Technologies Inc.(PLTR)$
Can’t go up
_Turtle_
2021-04-15
$Palantir Technologies Inc.(PLTR)$
buy on dip?
_Turtle_
2021-04-14
Thanks
抱歉,原内容已删除
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2021-04-14
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18:52","market":"us","language":"en","title":"U.S. hiring takes big step back as businesses scramble for workers, raw materials","url":"https://stock-news.laohu8.com/highlight/detail?id=1193602237","media":"reuters","summary":"U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in dema","content":"<p>U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in demand, unleashed by the reopening of the economy amid rapidly improving public health and massive financial help from the government.</p><p>The Labor Department's closely watched employment report on Friday will be the first to show the impact of the White House's $1.9 trillion COVID-19 pandemic rescue package, which was approved in March. It is likely to show the economy entered the second quarter with even greater momentum, firmly putting it on track this year for its best performance in almost four decades.</p><p>\"We are looking for a pretty good figure, reflecting the ongoing reopening we have seen,\" said James Knightley, chief international economist at ING in New York. \"With cash in people's pockets, economic activity is looking good and that should lead to more and more hiring right across the economy.\"</p><p>According to a Reuters survey of economists, nonfarm payrolls likely increased by 978,000 jobs last month after rising by 916,000 in March. That would leave employment about 7.5 million jobs below its peak in February 2020.</p><p>Twelve months ago, the economy purged a record 20.679 million jobs as it reeled from mandatory closures of nonessential businesses to slow the first wave of COVID-19 infections.</p><p>April's payrolls estimates range from as low as 656,000 to as high as 2.1 million jobs. New claims for unemployment benefits have dropped below 500,000 for the first-time since the pandemic started and job cuts announced by U.S.-based employers in April were the lowest in nearly 21 years.</p><p>Also arguing for another month of blockbuster job growth, consumers' perceptions of the labor market are the strongest in 13 months. But the pent-up demand, which contributed to the economy's 6.4% annualized growth pace in the first quarter, the second-fastest since the third quarter of 2003, has triggered shortages of labor and raw materials.</p><p>From manufacturing to restaurants, employers are scrambling for workers. A range of factors, including parents still at home caring for children, coronavirus-related retirements and generous unemployment checks, are blamed for the labor shortages.</p><p>\"While we do not expect that lack of workers will weigh noticeably on April employment, rehiring could become more difficult in coming months before expanded unemployment benefits expire in September,\" said Veronica Clark, an economist at Citigroup in New York.</p><p>Payroll gains were likely led by the leisure and hospitality industry as more high-contact businesses such as restaurants, bars and amusement parks reopen. Americans over the age of 16 are now eligible to receive the COVID-19 vaccine, leading states like New York, New Jersey and Connecticut to lift most of their coronavirus capacity restrictions on businesses.</p><p>BROAD EMPLOYMENT GAINS</p><p>Solid gains were also expected in manufacturing, despite a global semiconductor chip shortage, which has forced motor vehicle manufacturers to cut production. Strong housing demand likely boosted construction payrolls.</p><p>Government employment is also expected to have picked up as school districts hired more teachers following the resumption of in-person learning in many states.</p><p>Robust hiring is unlikely to have an impact on President Joe Biden's plan to spend another $4 trillion on education and childcare, middle- and low-income families, infrastructure and jobs. Neither was it expected to influence monetary policy, with the Federal Reserve having signaled it is prepared to let the economy run hotter than it did in previous cycles.</p><p>Millions of Americans remain out of work and many have permanently lost jobs because of the pandemic.</p><p>\"Nobody knows what the economy is going to look like post COVID,\" said Steven Blitz, chief U.S. economist at TS Lombard in New York. \"There is a stubbornly high number of people who have been permanently displaced. The (spending) plans are about giving the economy a higher trajectory of growth so that these people can be hired sooner rather than later.\"</p><p>The unemployment rate is forecast dropping to 5.8% in April from 6.0% in March. The unemployment rate has been understated by people misclassifying themselves as being \"employed but absent from work.\"</p><p>To gauge the recovery, economists will focus on the number of people who have been unemployed for more than six months as well as those out of work because of permanent job losses.</p><p>The labor force participation rate, or the proportion of working-age Americans who have a job or are looking for one, likely improved last month, though it remained below its pre-pandemic level. More than 4 million people, many of them women, dropped out of the labor force during the pandemic.</p><p>With the lower-wage leisure and hospitality industry expected to dominate employment gains, average hourly earnings were likely unchanged in April after dipping 0.1% in March. That would lead to a 0.4% drop in wages on a year-on-year basis after a 4.2% increase in March.</p><p>\"We will be watching average hourly earnings very closely for signs that difficulty in hiring qualified workers is beginning to boost compensation,\" said David Kelly, chief global strategist at J.P. Morgan Asset Management in New York.</p><p>\"If tightening labor markets boost wage growth, then the inflation bounce which the Fed is anticipating to be modest and transitory could turn out to be stronger and longer-lasting, leading to earlier Fed tightening.\"</p><p>The anticipated drop in wages will have no impact on consumer spending, with Americans sitting on more than $2 trillion in excess savings. The average workweek was forecast steady at 34.9 hours.</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. hiring takes big step back as businesses scramble for workers, raw materials</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. hiring takes big step back as businesses scramble for workers, raw materials\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 18:52 GMT+8 <a href=https://www.reuters.com/markets><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in demand, unleashed by the reopening of the economy amid rapidly improving public health and massive ...</p>\n\n<a href=\"https://www.reuters.com/markets\">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.reuters.com/markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193602237","content_text":"U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in demand, unleashed by the reopening of the economy amid rapidly improving public health and massive financial help from the government.The Labor Department's closely watched employment report on Friday will be the first to show the impact of the White House's $1.9 trillion COVID-19 pandemic rescue package, which was approved in March. It is likely to show the economy entered the second quarter with even greater momentum, firmly putting it on track this year for its best performance in almost four decades.\"We are looking for a pretty good figure, reflecting the ongoing reopening we have seen,\" said James Knightley, chief international economist at ING in New York. \"With cash in people's pockets, economic activity is looking good and that should lead to more and more hiring right across the economy.\"According to a Reuters survey of economists, nonfarm payrolls likely increased by 978,000 jobs last month after rising by 916,000 in March. That would leave employment about 7.5 million jobs below its peak in February 2020.Twelve months ago, the economy purged a record 20.679 million jobs as it reeled from mandatory closures of nonessential businesses to slow the first wave of COVID-19 infections.April's payrolls estimates range from as low as 656,000 to as high as 2.1 million jobs. New claims for unemployment benefits have dropped below 500,000 for the first-time since the pandemic started and job cuts announced by U.S.-based employers in April were the lowest in nearly 21 years.Also arguing for another month of blockbuster job growth, consumers' perceptions of the labor market are the strongest in 13 months. But the pent-up demand, which contributed to the economy's 6.4% annualized growth pace in the first quarter, the second-fastest since the third quarter of 2003, has triggered shortages of labor and raw materials.From manufacturing to restaurants, employers are scrambling for workers. A range of factors, including parents still at home caring for children, coronavirus-related retirements and generous unemployment checks, are blamed for the labor shortages.\"While we do not expect that lack of workers will weigh noticeably on April employment, rehiring could become more difficult in coming months before expanded unemployment benefits expire in September,\" said Veronica Clark, an economist at Citigroup in New York.Payroll gains were likely led by the leisure and hospitality industry as more high-contact businesses such as restaurants, bars and amusement parks reopen. Americans over the age of 16 are now eligible to receive the COVID-19 vaccine, leading states like New York, New Jersey and Connecticut to lift most of their coronavirus capacity restrictions on businesses.BROAD EMPLOYMENT GAINSSolid gains were also expected in manufacturing, despite a global semiconductor chip shortage, which has forced motor vehicle manufacturers to cut production. Strong housing demand likely boosted construction payrolls.Government employment is also expected to have picked up as school districts hired more teachers following the resumption of in-person learning in many states.Robust hiring is unlikely to have an impact on President Joe Biden's plan to spend another $4 trillion on education and childcare, middle- and low-income families, infrastructure and jobs. Neither was it expected to influence monetary policy, with the Federal Reserve having signaled it is prepared to let the economy run hotter than it did in previous cycles.Millions of Americans remain out of work and many have permanently lost jobs because of the pandemic.\"Nobody knows what the economy is going to look like post COVID,\" said Steven Blitz, chief U.S. economist at TS Lombard in New York. \"There is a stubbornly high number of people who have been permanently displaced. The (spending) plans are about giving the economy a higher trajectory of growth so that these people can be hired sooner rather than later.\"The unemployment rate is forecast dropping to 5.8% in April from 6.0% in March. The unemployment rate has been understated by people misclassifying themselves as being \"employed but absent from work.\"To gauge the recovery, economists will focus on the number of people who have been unemployed for more than six months as well as those out of work because of permanent job losses.The labor force participation rate, or the proportion of working-age Americans who have a job or are looking for one, likely improved last month, though it remained below its pre-pandemic level. More than 4 million people, many of them women, dropped out of the labor force during the pandemic.With the lower-wage leisure and hospitality industry expected to dominate employment gains, average hourly earnings were likely unchanged in April after dipping 0.1% in March. That would lead to a 0.4% drop in wages on a year-on-year basis after a 4.2% increase in March.\"We will be watching average hourly earnings very closely for signs that difficulty in hiring qualified workers is beginning to boost compensation,\" said David Kelly, chief global strategist at J.P. Morgan Asset Management in New York.\"If tightening labor markets boost wage growth, then the inflation bounce which the Fed is anticipating to be modest and transitory could turn out to be stronger and longer-lasting, leading to earlier Fed tightening.\"The anticipated drop in wages will have no impact on consumer spending, with Americans sitting on more than $2 trillion in excess savings. The average workweek was forecast steady at 34.9 hours.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107728864,"gmtCreate":1620541648658,"gmtModify":1631891102936,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/107728864","repostId":"1106882084","repostType":4,"repost":{"id":"1106882084","pubTimestamp":1620451121,"share":"https://www.laohu8.com/m/news/1106882084?lang=&edition=full","pubTime":"2021-05-08 13:18","market":"us","language":"en","title":"US IPO Week Ahead: Mortgage insurance and cross-border e-commerce lead a 7 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1106882084","media":"renaissancecap...","summary":"Seven IPOs are slated to raise $1.6 billion in the week ahead, led by private mortgage insurance companyEnact Holdings.The largest deal of the week,Enact Holdings plans to raise $497 million at a $3.6 billion market cap. Being spun out of Genworth Financial, Enact is a leading private mortgage insurance company in the US, with a 17% share of the market in 2020. The company saw a 60% increase in new insurance written during the year, though COVID-19 has caused higher delinquencies and losses.Cros","content":"<p>Seven IPOs are slated to raise $1.6 billion in the week ahead, led by private mortgage insurance company<b>Enact Holdings</b>(ACT).</p>\n<p>The largest deal of the week,<b>Enact Holdings</b>(ACT) plans to raise $497 million at a $3.6 billion market cap. Being spun out of Genworth Financial, Enact is a leading private mortgage insurance company in the US, with a 17% share of the market in 2020. The company saw a 60% increase in new insurance written during the year, though COVID-19 has caused higher delinquencies and losses.</p>\n<p>Cross-border e-commerce platform<b>Global-E Online</b>(GLBE) plans to raise $360 million at a $4.0 billion market cap. The company states that it has built the world’s leading platform to enable and accelerate global, direct-to-consumer cross-border e-commerce. Fast growing and profitable in 2020, Global-E has over 400 merchants on its platform and currently supports transactions in over 200 markets worldwide.</p>\n<p>Hearing care services provider<b>hear.com</b>(HCG) plans to raise $300 million at a $2.1 billion market cap. The company’s data-driven approach to hearing care enables them to deliver a personalized experience and respond to customer needs in real time. While its conversion rate fell slightly in the FY20, hear.com saw 25%+ increases in both appointments and total customer sales.</p>\n<p>Brazilian customer experience platform<b>Zenvia</b>(ZENV) plans to raise $213 million at a $607 million market cap. The company’s software platform facilitated the flow of communication for more than 9,400 customers throughout Latin America as of December 31, 2020. While it achieved a standalone net revenue expansion rate of over 110%, Zenvia’s EBIT turned negative in 2020.</p>\n<p>Israeli web analytics provider<b>Similarweb</b>(SMWB) plans to raise $160 million at a $1.7 billion market cap. The company has blue-chip customers across a variety of industries, and they include marketers, strategy teams, salespeople, analysts, and investors. Similarweb has demonstrated growth, though it remains small and unprofitable with widening losses.</p>\n<p>Online hydroponic equipment supplier<b>iPower</b>(IPW) plans to raise $24 million at a $202 million market cap. Fast growing and profitable, the company sells equipment that enables its customers to grow fruits, vegetables, flowers, and other plants, including cannabis, through its own website and third party retailers like Amazon, eBay, and Walmart.</p>\n<p>Canadian cannabis products developer<b>Flora Growth</b>(FLGC) plans to raise $15 million at a $221 million market cap. Flora Growth cultivates and processes medical-grade cannabis oil and other cannabis derived products in Colombia. Flora Growth is highly unprofitable, and it just began generating revenues this past August.</p>\n<p><img src=\"https://static.tigerbbs.com/57e90b667064a33ea39693340582c44c\" tg-width=\"1064\" tg-height=\"646\"></p>","source":"lsy1619493174116","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>US IPO Week Ahead: Mortgage insurance and cross-border e-commerce lead a 7 IPO 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\">\nUS IPO Week Ahead: Mortgage insurance and cross-border e-commerce lead a 7 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 13:18 GMT+8 <a href=https://www.renaissancecapital.com/IPO-Center/News/81602/US-IPO-Week-Ahead-Mortgage-insurance-and-cross-border-e-commerce-lead-a-7-I><strong>renaissancecap...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Seven IPOs are slated to raise $1.6 billion in the week ahead, led by private mortgage insurance companyEnact Holdings(ACT).\nThe largest deal of the week,Enact Holdings(ACT) plans to raise $497 ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/81602/US-IPO-Week-Ahead-Mortgage-insurance-and-cross-border-e-commerce-lead-a-7-I\">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.renaissancecapital.com/IPO-Center/News/81602/US-IPO-Week-Ahead-Mortgage-insurance-and-cross-border-e-commerce-lead-a-7-I","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106882084","content_text":"Seven IPOs are slated to raise $1.6 billion in the week ahead, led by private mortgage insurance companyEnact Holdings(ACT).\nThe largest deal of the week,Enact Holdings(ACT) plans to raise $497 million at a $3.6 billion market cap. Being spun out of Genworth Financial, Enact is a leading private mortgage insurance company in the US, with a 17% share of the market in 2020. The company saw a 60% increase in new insurance written during the year, though COVID-19 has caused higher delinquencies and losses.\nCross-border e-commerce platformGlobal-E Online(GLBE) plans to raise $360 million at a $4.0 billion market cap. The company states that it has built the world’s leading platform to enable and accelerate global, direct-to-consumer cross-border e-commerce. Fast growing and profitable in 2020, Global-E has over 400 merchants on its platform and currently supports transactions in over 200 markets worldwide.\nHearing care services providerhear.com(HCG) plans to raise $300 million at a $2.1 billion market cap. The company’s data-driven approach to hearing care enables them to deliver a personalized experience and respond to customer needs in real time. While its conversion rate fell slightly in the FY20, hear.com saw 25%+ increases in both appointments and total customer sales.\nBrazilian customer experience platformZenvia(ZENV) plans to raise $213 million at a $607 million market cap. The company’s software platform facilitated the flow of communication for more than 9,400 customers throughout Latin America as of December 31, 2020. While it achieved a standalone net revenue expansion rate of over 110%, Zenvia’s EBIT turned negative in 2020.\nIsraeli web analytics providerSimilarweb(SMWB) plans to raise $160 million at a $1.7 billion market cap. The company has blue-chip customers across a variety of industries, and they include marketers, strategy teams, salespeople, analysts, and investors. Similarweb has demonstrated growth, though it remains small and unprofitable with widening losses.\nOnline hydroponic equipment supplieriPower(IPW) plans to raise $24 million at a $202 million market cap. Fast growing and profitable, the company sells equipment that enables its customers to grow fruits, vegetables, flowers, and other plants, including cannabis, through its own website and third party retailers like Amazon, eBay, and Walmart.\nCanadian cannabis products developerFlora Growth(FLGC) plans to raise $15 million at a $221 million market cap. Flora Growth cultivates and processes medical-grade cannabis oil and other cannabis derived products in Colombia. Flora Growth is highly unprofitable, and it just began generating revenues this past August.","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107728100,"gmtCreate":1620541615500,"gmtModify":1631891102944,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"Buy on dip ","listText":"Buy on dip ","text":"Buy on dip","images":[{"img":"https://static.tigerbbs.com/c4ef31eee171c94cb06b50e00d4c0523","width":"1125","height":"3266"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/107728100","isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":104057824,"gmtCreate":1620346965468,"gmtModify":1631891102943,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>😭😭","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>😭😭","text":"$Palantir Technologies Inc.(PLTR)$😭😭","images":[{"img":"https://static.tigerbbs.com/086d5ceed721c53ad159c8f65ccc1924","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104057824","isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":105538108,"gmtCreate":1620310486504,"gmtModify":1631886471917,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>..","listText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>..","text":"$Pinterest, Inc.(PINS)$..","images":[{"img":"https://static.tigerbbs.com/c521a3360f8fd03cb2f9bd0032c6b983","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/105538108","isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":101369717,"gmtCreate":1619846582439,"gmtModify":1631891102950,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"..","listText":"..","text":"..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/101369717","repostId":"1186088353","repostType":4,"repost":{"id":"1186088353","pubTimestamp":1619795143,"share":"https://www.laohu8.com/m/news/1186088353?lang=&edition=full","pubTime":"2021-04-30 23:05","market":"us","language":"en","title":"Stocks Decline Amid Earnings, Economic Reports: Markets Wrap","url":"https://stock-news.laohu8.com/highlight/detail?id=1186088353","media":"Yahoo","summary":"Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing ","content":"<p>Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing potential inflation pressures. The dollar rose.</p><p>The S&P 500 pared its monthly gains. Twitter Inc. sank as the social media company posted a sluggish start to the year in its advertising business, while Amazon.com Inc. rallied on a jump in sales. Despite living up to Wall Street’s profit expectations, Chevron Corp. slid after disappointing investors who were anticipating a revival of buybacks.</p><p>Read: Big Oil Is Boosting ETF Returns and ESG Funds Are No Exception</p><p>Data Friday showed U.S. personal incomes soared in March by the most in monthly records back to 1946, powered by a third round of pandemic-relief checks. A key measure of consumer prices, known as the personal consumption expenditure price index, that the Federal Reserve officially uses for its target rose 2.3% in March from a year earlier, the biggest gain since 2018. Meanwhile, a gauge of consumer sentiment continued to strengthen in late April.</p><p>With the S&P 500 poised to end the first four months of 2021 with a rally of more than 10%, the adage of “sell in May and go away” may be on many investors’ minds. However, JPMorgan Chase & Co. strategists urged traders to get ready for a revival of the reflation trade as the economic reopening gathers pace in coming months. Credit Suisse Group AG’s Jonathan Golub raised his year-end forecast for the S&P 500, citing a “red-hot economy fueling earnings.”</p><p>“Are we at a point where there’s further upside to the market or are we at a point where we need to think about the cadence of returns going forward being more narrow or smaller?” said Ralph Bassett, head of North American equities at Aberdeen Standard Investments. “The setup is very good, but with multiples where they are, the upside risks are just really becoming less likely at this stage.”</p><p>Technology stocks are poised to gain support from relatively stable yields for U.S. inflation-indexed debt, according to Andrew Garthwaite, a global strategist at Credit Suisse Group AG. He compared a relative-strength gauge for the group with the yield on 10-year Treasury Inflation Protected Securities, or TIPS, in a report Thursday. The S&P 500 Information Technology Index’s ratio to the benchmark gauge of American equities set this year’s low in March, and then climbed as demand for the debt caused yields to fall.</p><p>“We do not expect a meaningful rise in the TIPS yield,” Garthwaite wrote, citing U.S. monetary policy and other influences.</p><p>These are some of the main moves in markets:</p><p>Stocks</p><p>The S&P 500 fell 0.4% as of 10:34 a.m. New York timeThe Nasdaq 100 was little changedThe Dow Jones Industrial Average fell 0.4%The Stoxx Europe 600 was little changedThe MSCI World index fell 0.5%</p><p>Currencies</p><p>The Bloomberg Dollar Spot Index rose 0.4%The euro fell 0.4% to $1.2072The British pound fell 0.6% to $1.3863The Japanese yen fell 0.1% to 109.06 per dollar</p><p>Bonds</p><p>The yield on 10-year Treasuries was little changed at 1.63%Germany’s 10-year yield declined one basis point to -0.21%Britain’s 10-year yield was little changed at 0.83%</p><p>Commodities</p><p>West Texas Intermediate crude fell 2.1% to $64 a barrelGold futures were little changed</p>","source":"lsy1584348713084","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>Stocks Decline Amid Earnings, Economic Reports: Markets Wrap</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\">\nStocks Decline Amid Earnings, Economic Reports: Markets Wrap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 23:05 GMT+8 <a href=https://finance.yahoo.com/news/asia-stocks-point-lower-gdp-215835535.html><strong>Yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing potential inflation pressures. The dollar rose.The S&P 500 pared its monthly gains. Twitter Inc. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/asia-stocks-point-lower-gdp-215835535.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/asia-stocks-point-lower-gdp-215835535.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186088353","content_text":"Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing potential inflation pressures. The dollar rose.The S&P 500 pared its monthly gains. Twitter Inc. sank as the social media company posted a sluggish start to the year in its advertising business, while Amazon.com Inc. rallied on a jump in sales. Despite living up to Wall Street’s profit expectations, Chevron Corp. slid after disappointing investors who were anticipating a revival of buybacks.Read: Big Oil Is Boosting ETF Returns and ESG Funds Are No ExceptionData Friday showed U.S. personal incomes soared in March by the most in monthly records back to 1946, powered by a third round of pandemic-relief checks. A key measure of consumer prices, known as the personal consumption expenditure price index, that the Federal Reserve officially uses for its target rose 2.3% in March from a year earlier, the biggest gain since 2018. Meanwhile, a gauge of consumer sentiment continued to strengthen in late April.With the S&P 500 poised to end the first four months of 2021 with a rally of more than 10%, the adage of “sell in May and go away” may be on many investors’ minds. However, JPMorgan Chase & Co. strategists urged traders to get ready for a revival of the reflation trade as the economic reopening gathers pace in coming months. Credit Suisse Group AG’s Jonathan Golub raised his year-end forecast for the S&P 500, citing a “red-hot economy fueling earnings.”“Are we at a point where there’s further upside to the market or are we at a point where we need to think about the cadence of returns going forward being more narrow or smaller?” said Ralph Bassett, head of North American equities at Aberdeen Standard Investments. “The setup is very good, but with multiples where they are, the upside risks are just really becoming less likely at this stage.”Technology stocks are poised to gain support from relatively stable yields for U.S. inflation-indexed debt, according to Andrew Garthwaite, a global strategist at Credit Suisse Group AG. He compared a relative-strength gauge for the group with the yield on 10-year Treasury Inflation Protected Securities, or TIPS, in a report Thursday. The S&P 500 Information Technology Index’s ratio to the benchmark gauge of American equities set this year’s low in March, and then climbed as demand for the debt caused yields to fall.“We do not expect a meaningful rise in the TIPS yield,” Garthwaite wrote, citing U.S. monetary policy and other influences.These are some of the main moves in markets:StocksThe S&P 500 fell 0.4% as of 10:34 a.m. New York timeThe Nasdaq 100 was little changedThe Dow Jones Industrial Average fell 0.4%The Stoxx Europe 600 was little changedThe MSCI World index fell 0.5%CurrenciesThe Bloomberg Dollar Spot Index rose 0.4%The euro fell 0.4% to $1.2072The British pound fell 0.6% to $1.3863The Japanese yen fell 0.1% to 109.06 per dollarBondsThe yield on 10-year Treasuries was little changed at 1.63%Germany’s 10-year yield declined one basis point to -0.21%Britain’s 10-year yield was little changed at 0.83%CommoditiesWest Texas Intermediate crude fell 2.1% to $64 a barrelGold futures were little changed","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101369451,"gmtCreate":1619846568873,"gmtModify":1631891102950,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/101369451","repostId":"1146129324","repostType":4,"isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101369817,"gmtCreate":1619846526839,"gmtModify":1631886471982,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>:(","listText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>:(","text":"$Pinterest, Inc.(PINS)$:(","images":[{"img":"https://static.tigerbbs.com/8b277c333e766a8039905764b5926a33","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/101369817","isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":101369031,"gmtCreate":1619846459923,"gmtModify":1634209494539,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/101369031","repostId":"2132691735","repostType":2,"repost":{"id":"2132691735","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1619801839,"share":"https://www.laohu8.com/m/news/2132691735?lang=&edition=full","pubTime":"2021-05-01 00:57","market":"us","language":"en","title":"LIVE MARKETS-Psst, maybe not wise to follow inflationistas' tips","url":"https://stock-news.laohu8.com/highlight/detail?id=2132691735","media":"Reuters","summary":"* Major U.S. indexes red; Dow off ~0.7% * Energy weakest major S&P 500 sector; cons disc leads gai","content":"<html><body><p>* Major U.S. indexes red; Dow off ~0.7%</p><p> * Energy weakest major S&P 500 sector; cons disc leads gainers</p><p> * Dollar up; gold down, crude slides >2%</p><p> * U.S. 10-Year Treasury Yield ~1.63% </p><p> April 30 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p> PSST, MAYBE NOT WISE TO FOLLOW INFLATIONISTAS' TIPS (1240 EDT/1640 GMT)</p><p> HSBC Global Research is out with a Fixed Income Rates note this week adding their voice to the recent chorus on inflation.</p><p> Indeed, HSBC says that \"inflationistas\" are singing a well-known tune, calling for investors to get some protection and buy some inflation-linked bonds as insurance against higher inflation.</p><p> With a scramble into Treasury Inflation-Protected Securities <a href=\"https://laohu8.com/S/TIPS\">$(TIPS)$</a>, their price goes up, and of course their yield falls. With this, the TIPS-Treasuries yield spread, known as the breakeven yield, will increase, all else being equal.</p><p> HSBC points out that this creates a market-based measure of where inflation is headed in the future, which is used alongside survey results.</p><p> As stands, HSBC says the 5-year breakeven spread is \"comfortably projecting levels above the Fed's 2% average inflation target.\"</p><p> That said, as the 5-year breakeven rate far outpaces inflation prints, such as U.S. core PCE, HSBC questions whether investors buying inflation-linked bonds have \"overpaid.\" </p><p> HSBC believes that a \"fully rational view\" would consider the Fed's new average inflation target, and incorporate the longer-term global and structural drivers of inflation. If so, it leads them to \"question what has changed and why increased inflation expectations, which are more fully reflected in the price, could turn out to have been overdone.\"</p><p> They point out that the Fed has repeatedly stated \"it needs to see the 'whites of the eyes' of inflation.\" Therefore, actual inflation matters more than forecasts. Additionally, the Fed is looking at averages, and nobody knows for sure what time frame they are focused on. </p><p> In the end, HSBC believes now is the time to go with the Fed and not with the market. Although the \"inflationistas\" might be on the mark for a few months, bonds have already factored that in.</p><p> HSBC adds, \"Investors would be paying the price of their bounded rationality if they were to overpay for protection they don't need.\"</p><p> (Terence Gabriel)</p><p> *****</p><p> STOXX 600 SECURES 1.8% GAIN IN APRIL (1205 EDT/1605 GMT) </p><p> April didn't end with fireworks despite quite an upbeat earnings season for Europe Inc.</p><p> The pan-European STOXX 600 ended the last trading day of the month down 0.3%, but still bagged a 1.8% monthly gain. </p><p> Not a stellar performance, but given the fact that it hit another record high this week, investors might take the view that actually earnings have so far vindicated the bullishness floating in the air.</p><p> The fact Barclays dropped 7% despite doubling its profits and beating expectations is a warning nevertheless, of the lack of exuberance left across trading floors.</p><p> There was no read-across the banking sector which is showing off surprisingly strong results for the first three months of the year. </p><p> Banco de Sabadel was the best performer across the continent, up 8.7% after its Q1 update. </p><p> The pharmaceutical sector, up 0.6%, provided much needed resilience today with AstraZeneca jumping 4.3% thanks to its core business doing well despite the controversy surrounding its COVID-19 vaccine.</p><p> (Julien Ponthus) </p><p> ***** </p><p> BEARS POKE UP (1135 EDT/1535 GMT)</p><p> Individual investor pessimism over the short-term direction of the U.S. stock market rose to its highest level in 11 weeks in the latest American Association of Individual Investors (AAII) Sentiment Survey. With this, bullish sentiment slid, and neutral sentiment grew. </p><p> AAII reported that bearish sentiment, or expectations that stock prices will fall over the next six months, increased 5.2 percentage points to 25.7%. Bearish sentiment was last higher on Feb. 10, 2021 (26.3%). Bearish sentiment is below its historical average of 30.5% for the 12th time this year.</p><p> Bullish sentiment dove 10.1 percentage points to 42.6%. Bullish sentiment was last lower on March 3, 2021 (40.3%). Optimism is above its historical average of 38.0% for the 22nd week out of the past 24 weeks.</p><p> Neutral sentiment gained 4.9 percentage points to 31.8%. Neutral sentiment was last higher on March 3, 2021 (34.4%). Neutral sentiment remains below its historical average of 31.5% for the 63rd time out of the past 67 weeks.</p><p> With these changes, the bull-bear spread fell to +16.9 from +32.2 last week :</p><p> (Terence Gabriel)</p><p> *****</p><p> PEDAL TO THE METAL: PCE, PMI, ECI, UMICH (1110 EDT/1510 GMT)</p><p> A data stampede unleashed on Friday provided a broad picture of the growing velocity of U.S. economic recovery, fueled by the dual injections of vaccine deployment and stimulus. </p><p> Consumer outlays bounced back in March, rising 4.1%, as personal income , turbo-charged by robust stimulus, surged by record 21.1%, according to the Commerce Department's personal consumption expenditures (PCE) report.</p><p> This resulted in the saving rate soaring to 27.6% of disposable income, the highest level since April 2020.</p><p> The saving rate, widely viewed as a barometer of consumer expectations, has been elevated throughout the crisis, which suggests that as restrictions are lifted, pent-up demand will drive consumers, armed with full piggy banks, to a full-on spending spree.</p><p> \"As health conditions improve and the economy reopens, generous fiscal stimulus, rebounding employment and rising optimism will help unleash pent-up demand,\" writes Gregory Daco, chief U.S. economist at Oxford Economics. \"We foresee real consumption growth above 9% this year – the strongest performance since 1946 – and excess savings should help smooth spending into 2022.\"</p><p> President Joe Biden's generous stimulus plans, designed to help shift the recovery into overdrive, could cause the economy to overheat as demand outpaces supply, which some analysts fear could send inflation beyond the U.S. Federal Reserve's average annual 2% target.</p><p> The year-over-year core PCE price index - which excludes volatile food and energy prices and is the Fed's favorite inflation yardstick - edged closer to that target in March, rising to 1.8% from 1.4% in February.</p><p> For its part, the Fed has stated that it expects near-term price spikes, it does not expect those spikes to translate to longer-term inflation. </p><p> Ian Shepherdson, chief economist at Pantheon Macroeconomics, agrees. \"This core PCE print probably does not mark the start of a sustained surge,\" he writes. \"It looks more like noise than signal.\"</p><p> The graphic below shows core PCE, along with other major inflation indicators:</p><p> In a separate report, midwest manufacturing activity went to the races this month.</p><p> MNI Indicators' Chicago purchasing manager index <a href=\"https://laohu8.com/S/PMI.UK\">$(PMI.UK)$</a></p><p> unexpectedly rose to a reading of 72.1 for April, blowing past the slight decline to 65.3 analysts expected. </p><p> This marks the fastest acceleration since 1973.</p><p> On Monday, the Institute for Supply Management is due to release its broader U.S. PMI reading for April, projected to come in at a tamer 65.</p><p> A PMI number over 50 signifies increased activity over the previous month.</p><p> \"The manufacturing sector remains resilient and continues to recover, responding to strong demand, even as supply bottlenecks are a headwind,\" says Rubeela Farooqi, chief U.S. economist at High Frequency Economics.</p><p> The Labor Department also had its say in a report that showed labor costs increased by 0.9% in the first quarter as wage growth gathered speed. </p><p> The Employment Cost Index (ECI), seen as gauge of labor market slack and a harbinger of future inflation, came in above the 0.7% consensus.</p><p> \"The next couple (of) ECI reports, as the economy recovers, will be critical in determining what the Fed does later this year and into 2022,\" Shepherdson adds. </p><p> The graphic below breaks the ECI down to its major components:</p><p> Finally, the University of Michigan released its final take on consumer sentiment for April, which showed a 1.8 point improvement over the initial number to a level of 88.3.</p><p> \"The largest and most important change in April was that an all-time record number of consumers expected declines in the unemployment rate during the year ahead,\" writes Richard Curtin, chief economist at UMich's Surveys of Consumers. \"Even if a booming economy resulted in higher inflation, consumer optimism would not diminish since consumers have already anticipated a temporary increase.\"</p><p> Wall Street has taken its foot off the gas by late morning trading, with the indexes lower and the S&P easing off Thursday's record closing high. </p><p> That said, the S&P and the Nasdaq appear set for weekly gains, and all three major averages are on course for a green April.</p><p> (Stephen Culp)</p><p> *****</p><p> U.S. STOCKS STRUGGLE, CLING TO SMALL WEEKLY RISE (1011 EDT/1411 GMT)</p><p> The S&P 500 is in the red in early trade. With this, the benchmark index is on track for its first down-end to a trading week since March 19. </p><p> And with a rise of only around 0.3% for the week, it's also on pace for its smallest weekly percentage gain since a 0.19% rise in mid-October of last year.</p><p> Meanwhile, U.S. April Chicago PMI came in at 72.1 vs a 65.3 estimate. Final U Mich Sentiment for April printed at 88.3 vs an 87.4 estimate.</p><p> Tech is the weakest S&P 500 sector. However, Amazon.com is leading the consumer discretionary</p><p> sector into positive territory on the day.</p><p> Here is the early market snapshot:</p><p> (Terence Gabriel)</p><p> ***** </p><p> FANG INDEX: MUZZLED ON THE CHARTS (0900 EDT/1300 GMT)</p><p> It's been an eventful week for the NYSE FANG+TM Index</p><p> as 6 of its 10 members reported their quarterly numbers. The index ended Thursday up around 0.5% for the week, and 7% for the month.</p><p> NYFANG is equal-weighted and includes 5 core FAANG stocks: <a href=\"https://laohu8.com/S/FB\">Facebook</a> , Apple , Amazon.com , Netflix</p><p> and Alphabet . It also includes another 5 actively-traded technology/growth stocks: Alibaba , Baidu , Nvidia , Tesla and <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></p><p> .</p><p> TSLA, GOOGL, FB, and AAPL reported Monday-Wednesday, while AMZN and TWTR announced results last night. With this, AMZN is quoted up around 2% , and is the only gainer ahead of the open in the group. TWTR is poised to fall around 13%.</p><p> Meanwhile, since the NYFANG ended a record run of 12-straight up days on April 13 , the index has been trapped in a range essentially defined by resistance at the 76.4%/78.6% Fibonacci retracement zone of its February/March slide which resides around 7,070/7,098. The 50% level, and the 50-day moving average, are acting as support now around 6,732:</p><p> With this, historical volatility measures have been collapsing. Daily Bollinger Band width has hit a more than 3-month low.</p><p> Thus, although the index has been muzzled shorter-term, it appears ripe for another round of more spirited action.</p><p> A close outside the support/resistance levels will have the potential to spark increased momentum and volatility.</p><p> (Terence Gabriel)</p><p> *****</p><p> FOR FRIDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE: </p><p> <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ NYFANG04302021 earlytrade04302021 Personal consumption Inflation Chicago PMI Employment costs Consumer sentiment AAII04302021 </p><p> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^></p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</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>LIVE MARKETS-Psst, maybe not wise to follow inflationistas' tips</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\">\nLIVE MARKETS-Psst, maybe not wise to follow inflationistas' tips\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-01 00:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* Major U.S. indexes red; Dow off ~0.7%</p><p> * Energy weakest major S&P 500 sector; cons disc leads gainers</p><p> * Dollar up; gold down, crude slides >2%</p><p> * U.S. 10-Year Treasury Yield ~1.63% </p><p> April 30 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p> PSST, MAYBE NOT WISE TO FOLLOW INFLATIONISTAS' TIPS (1240 EDT/1640 GMT)</p><p> HSBC Global Research is out with a Fixed Income Rates note this week adding their voice to the recent chorus on inflation.</p><p> Indeed, HSBC says that \"inflationistas\" are singing a well-known tune, calling for investors to get some protection and buy some inflation-linked bonds as insurance against higher inflation.</p><p> With a scramble into Treasury Inflation-Protected Securities <a href=\"https://laohu8.com/S/TIPS\">$(TIPS)$</a>, their price goes up, and of course their yield falls. With this, the TIPS-Treasuries yield spread, known as the breakeven yield, will increase, all else being equal.</p><p> HSBC points out that this creates a market-based measure of where inflation is headed in the future, which is used alongside survey results.</p><p> As stands, HSBC says the 5-year breakeven spread is \"comfortably projecting levels above the Fed's 2% average inflation target.\"</p><p> That said, as the 5-year breakeven rate far outpaces inflation prints, such as U.S. core PCE, HSBC questions whether investors buying inflation-linked bonds have \"overpaid.\" </p><p> HSBC believes that a \"fully rational view\" would consider the Fed's new average inflation target, and incorporate the longer-term global and structural drivers of inflation. If so, it leads them to \"question what has changed and why increased inflation expectations, which are more fully reflected in the price, could turn out to have been overdone.\"</p><p> They point out that the Fed has repeatedly stated \"it needs to see the 'whites of the eyes' of inflation.\" Therefore, actual inflation matters more than forecasts. Additionally, the Fed is looking at averages, and nobody knows for sure what time frame they are focused on. </p><p> In the end, HSBC believes now is the time to go with the Fed and not with the market. Although the \"inflationistas\" might be on the mark for a few months, bonds have already factored that in.</p><p> HSBC adds, \"Investors would be paying the price of their bounded rationality if they were to overpay for protection they don't need.\"</p><p> (Terence Gabriel)</p><p> *****</p><p> STOXX 600 SECURES 1.8% GAIN IN APRIL (1205 EDT/1605 GMT) </p><p> April didn't end with fireworks despite quite an upbeat earnings season for Europe Inc.</p><p> The pan-European STOXX 600 ended the last trading day of the month down 0.3%, but still bagged a 1.8% monthly gain. </p><p> Not a stellar performance, but given the fact that it hit another record high this week, investors might take the view that actually earnings have so far vindicated the bullishness floating in the air.</p><p> The fact Barclays dropped 7% despite doubling its profits and beating expectations is a warning nevertheless, of the lack of exuberance left across trading floors.</p><p> There was no read-across the banking sector which is showing off surprisingly strong results for the first three months of the year. </p><p> Banco de Sabadel was the best performer across the continent, up 8.7% after its Q1 update. </p><p> The pharmaceutical sector, up 0.6%, provided much needed resilience today with AstraZeneca jumping 4.3% thanks to its core business doing well despite the controversy surrounding its COVID-19 vaccine.</p><p> (Julien Ponthus) </p><p> ***** </p><p> BEARS POKE UP (1135 EDT/1535 GMT)</p><p> Individual investor pessimism over the short-term direction of the U.S. stock market rose to its highest level in 11 weeks in the latest American Association of Individual Investors (AAII) Sentiment Survey. With this, bullish sentiment slid, and neutral sentiment grew. </p><p> AAII reported that bearish sentiment, or expectations that stock prices will fall over the next six months, increased 5.2 percentage points to 25.7%. Bearish sentiment was last higher on Feb. 10, 2021 (26.3%). Bearish sentiment is below its historical average of 30.5% for the 12th time this year.</p><p> Bullish sentiment dove 10.1 percentage points to 42.6%. Bullish sentiment was last lower on March 3, 2021 (40.3%). Optimism is above its historical average of 38.0% for the 22nd week out of the past 24 weeks.</p><p> Neutral sentiment gained 4.9 percentage points to 31.8%. Neutral sentiment was last higher on March 3, 2021 (34.4%). Neutral sentiment remains below its historical average of 31.5% for the 63rd time out of the past 67 weeks.</p><p> With these changes, the bull-bear spread fell to +16.9 from +32.2 last week :</p><p> (Terence Gabriel)</p><p> *****</p><p> PEDAL TO THE METAL: PCE, PMI, ECI, UMICH (1110 EDT/1510 GMT)</p><p> A data stampede unleashed on Friday provided a broad picture of the growing velocity of U.S. economic recovery, fueled by the dual injections of vaccine deployment and stimulus. </p><p> Consumer outlays bounced back in March, rising 4.1%, as personal income , turbo-charged by robust stimulus, surged by record 21.1%, according to the Commerce Department's personal consumption expenditures (PCE) report.</p><p> This resulted in the saving rate soaring to 27.6% of disposable income, the highest level since April 2020.</p><p> The saving rate, widely viewed as a barometer of consumer expectations, has been elevated throughout the crisis, which suggests that as restrictions are lifted, pent-up demand will drive consumers, armed with full piggy banks, to a full-on spending spree.</p><p> \"As health conditions improve and the economy reopens, generous fiscal stimulus, rebounding employment and rising optimism will help unleash pent-up demand,\" writes Gregory Daco, chief U.S. economist at Oxford Economics. \"We foresee real consumption growth above 9% this year – the strongest performance since 1946 – and excess savings should help smooth spending into 2022.\"</p><p> President Joe Biden's generous stimulus plans, designed to help shift the recovery into overdrive, could cause the economy to overheat as demand outpaces supply, which some analysts fear could send inflation beyond the U.S. Federal Reserve's average annual 2% target.</p><p> The year-over-year core PCE price index - which excludes volatile food and energy prices and is the Fed's favorite inflation yardstick - edged closer to that target in March, rising to 1.8% from 1.4% in February.</p><p> For its part, the Fed has stated that it expects near-term price spikes, it does not expect those spikes to translate to longer-term inflation. </p><p> Ian Shepherdson, chief economist at Pantheon Macroeconomics, agrees. \"This core PCE print probably does not mark the start of a sustained surge,\" he writes. \"It looks more like noise than signal.\"</p><p> The graphic below shows core PCE, along with other major inflation indicators:</p><p> In a separate report, midwest manufacturing activity went to the races this month.</p><p> MNI Indicators' Chicago purchasing manager index <a href=\"https://laohu8.com/S/PMI.UK\">$(PMI.UK)$</a></p><p> unexpectedly rose to a reading of 72.1 for April, blowing past the slight decline to 65.3 analysts expected. </p><p> This marks the fastest acceleration since 1973.</p><p> On Monday, the Institute for Supply Management is due to release its broader U.S. PMI reading for April, projected to come in at a tamer 65.</p><p> A PMI number over 50 signifies increased activity over the previous month.</p><p> \"The manufacturing sector remains resilient and continues to recover, responding to strong demand, even as supply bottlenecks are a headwind,\" says Rubeela Farooqi, chief U.S. economist at High Frequency Economics.</p><p> The Labor Department also had its say in a report that showed labor costs increased by 0.9% in the first quarter as wage growth gathered speed. </p><p> The Employment Cost Index (ECI), seen as gauge of labor market slack and a harbinger of future inflation, came in above the 0.7% consensus.</p><p> \"The next couple (of) ECI reports, as the economy recovers, will be critical in determining what the Fed does later this year and into 2022,\" Shepherdson adds. </p><p> The graphic below breaks the ECI down to its major components:</p><p> Finally, the University of Michigan released its final take on consumer sentiment for April, which showed a 1.8 point improvement over the initial number to a level of 88.3.</p><p> \"The largest and most important change in April was that an all-time record number of consumers expected declines in the unemployment rate during the year ahead,\" writes Richard Curtin, chief economist at UMich's Surveys of Consumers. \"Even if a booming economy resulted in higher inflation, consumer optimism would not diminish since consumers have already anticipated a temporary increase.\"</p><p> Wall Street has taken its foot off the gas by late morning trading, with the indexes lower and the S&P easing off Thursday's record closing high. </p><p> That said, the S&P and the Nasdaq appear set for weekly gains, and all three major averages are on course for a green April.</p><p> (Stephen Culp)</p><p> *****</p><p> U.S. STOCKS STRUGGLE, CLING TO SMALL WEEKLY RISE (1011 EDT/1411 GMT)</p><p> The S&P 500 is in the red in early trade. With this, the benchmark index is on track for its first down-end to a trading week since March 19. </p><p> And with a rise of only around 0.3% for the week, it's also on pace for its smallest weekly percentage gain since a 0.19% rise in mid-October of last year.</p><p> Meanwhile, U.S. April Chicago PMI came in at 72.1 vs a 65.3 estimate. Final U Mich Sentiment for April printed at 88.3 vs an 87.4 estimate.</p><p> Tech is the weakest S&P 500 sector. However, Amazon.com is leading the consumer discretionary</p><p> sector into positive territory on the day.</p><p> Here is the early market snapshot:</p><p> (Terence Gabriel)</p><p> ***** </p><p> FANG INDEX: MUZZLED ON THE CHARTS (0900 EDT/1300 GMT)</p><p> It's been an eventful week for the NYSE FANG+TM Index</p><p> as 6 of its 10 members reported their quarterly numbers. The index ended Thursday up around 0.5% for the week, and 7% for the month.</p><p> NYFANG is equal-weighted and includes 5 core FAANG stocks: <a href=\"https://laohu8.com/S/FB\">Facebook</a> , Apple , Amazon.com , Netflix</p><p> and Alphabet . It also includes another 5 actively-traded technology/growth stocks: Alibaba , Baidu , Nvidia , Tesla and <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></p><p> .</p><p> TSLA, GOOGL, FB, and AAPL reported Monday-Wednesday, while AMZN and TWTR announced results last night. With this, AMZN is quoted up around 2% , and is the only gainer ahead of the open in the group. TWTR is poised to fall around 13%.</p><p> Meanwhile, since the NYFANG ended a record run of 12-straight up days on April 13 , the index has been trapped in a range essentially defined by resistance at the 76.4%/78.6% Fibonacci retracement zone of its February/March slide which resides around 7,070/7,098. The 50% level, and the 50-day moving average, are acting as support now around 6,732:</p><p> With this, historical volatility measures have been collapsing. Daily Bollinger Band width has hit a more than 3-month low.</p><p> Thus, although the index has been muzzled shorter-term, it appears ripe for another round of more spirited action.</p><p> A close outside the support/resistance levels will have the potential to spark increased momentum and volatility.</p><p> (Terence Gabriel)</p><p> *****</p><p> FOR FRIDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE: </p><p> <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ NYFANG04302021 earlytrade04302021 Personal consumption Inflation Chicago PMI Employment costs Consumer sentiment AAII04302021 </p><p> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^></p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2132691735","content_text":"* Major U.S. indexes red; Dow off ~0.7% * Energy weakest major S&P 500 sector; cons disc leads gainers * Dollar up; gold down, crude slides >2% * U.S. 10-Year Treasury Yield ~1.63% April 30 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com PSST, MAYBE NOT WISE TO FOLLOW INFLATIONISTAS' TIPS (1240 EDT/1640 GMT) HSBC Global Research is out with a Fixed Income Rates note this week adding their voice to the recent chorus on inflation. Indeed, HSBC says that \"inflationistas\" are singing a well-known tune, calling for investors to get some protection and buy some inflation-linked bonds as insurance against higher inflation. With a scramble into Treasury Inflation-Protected Securities $(TIPS)$, their price goes up, and of course their yield falls. With this, the TIPS-Treasuries yield spread, known as the breakeven yield, will increase, all else being equal. HSBC points out that this creates a market-based measure of where inflation is headed in the future, which is used alongside survey results. As stands, HSBC says the 5-year breakeven spread is \"comfortably projecting levels above the Fed's 2% average inflation target.\" That said, as the 5-year breakeven rate far outpaces inflation prints, such as U.S. core PCE, HSBC questions whether investors buying inflation-linked bonds have \"overpaid.\" HSBC believes that a \"fully rational view\" would consider the Fed's new average inflation target, and incorporate the longer-term global and structural drivers of inflation. If so, it leads them to \"question what has changed and why increased inflation expectations, which are more fully reflected in the price, could turn out to have been overdone.\" They point out that the Fed has repeatedly stated \"it needs to see the 'whites of the eyes' of inflation.\" Therefore, actual inflation matters more than forecasts. Additionally, the Fed is looking at averages, and nobody knows for sure what time frame they are focused on. In the end, HSBC believes now is the time to go with the Fed and not with the market. Although the \"inflationistas\" might be on the mark for a few months, bonds have already factored that in. HSBC adds, \"Investors would be paying the price of their bounded rationality if they were to overpay for protection they don't need.\" (Terence Gabriel) ***** STOXX 600 SECURES 1.8% GAIN IN APRIL (1205 EDT/1605 GMT) April didn't end with fireworks despite quite an upbeat earnings season for Europe Inc. The pan-European STOXX 600 ended the last trading day of the month down 0.3%, but still bagged a 1.8% monthly gain. Not a stellar performance, but given the fact that it hit another record high this week, investors might take the view that actually earnings have so far vindicated the bullishness floating in the air. The fact Barclays dropped 7% despite doubling its profits and beating expectations is a warning nevertheless, of the lack of exuberance left across trading floors. There was no read-across the banking sector which is showing off surprisingly strong results for the first three months of the year. Banco de Sabadel was the best performer across the continent, up 8.7% after its Q1 update. The pharmaceutical sector, up 0.6%, provided much needed resilience today with AstraZeneca jumping 4.3% thanks to its core business doing well despite the controversy surrounding its COVID-19 vaccine. (Julien Ponthus) ***** BEARS POKE UP (1135 EDT/1535 GMT) Individual investor pessimism over the short-term direction of the U.S. stock market rose to its highest level in 11 weeks in the latest American Association of Individual Investors (AAII) Sentiment Survey. With this, bullish sentiment slid, and neutral sentiment grew. AAII reported that bearish sentiment, or expectations that stock prices will fall over the next six months, increased 5.2 percentage points to 25.7%. Bearish sentiment was last higher on Feb. 10, 2021 (26.3%). Bearish sentiment is below its historical average of 30.5% for the 12th time this year. Bullish sentiment dove 10.1 percentage points to 42.6%. Bullish sentiment was last lower on March 3, 2021 (40.3%). Optimism is above its historical average of 38.0% for the 22nd week out of the past 24 weeks. Neutral sentiment gained 4.9 percentage points to 31.8%. Neutral sentiment was last higher on March 3, 2021 (34.4%). Neutral sentiment remains below its historical average of 31.5% for the 63rd time out of the past 67 weeks. With these changes, the bull-bear spread fell to +16.9 from +32.2 last week : (Terence Gabriel) ***** PEDAL TO THE METAL: PCE, PMI, ECI, UMICH (1110 EDT/1510 GMT) A data stampede unleashed on Friday provided a broad picture of the growing velocity of U.S. economic recovery, fueled by the dual injections of vaccine deployment and stimulus. Consumer outlays bounced back in March, rising 4.1%, as personal income , turbo-charged by robust stimulus, surged by record 21.1%, according to the Commerce Department's personal consumption expenditures (PCE) report. This resulted in the saving rate soaring to 27.6% of disposable income, the highest level since April 2020. The saving rate, widely viewed as a barometer of consumer expectations, has been elevated throughout the crisis, which suggests that as restrictions are lifted, pent-up demand will drive consumers, armed with full piggy banks, to a full-on spending spree. \"As health conditions improve and the economy reopens, generous fiscal stimulus, rebounding employment and rising optimism will help unleash pent-up demand,\" writes Gregory Daco, chief U.S. economist at Oxford Economics. \"We foresee real consumption growth above 9% this year – the strongest performance since 1946 – and excess savings should help smooth spending into 2022.\" President Joe Biden's generous stimulus plans, designed to help shift the recovery into overdrive, could cause the economy to overheat as demand outpaces supply, which some analysts fear could send inflation beyond the U.S. Federal Reserve's average annual 2% target. The year-over-year core PCE price index - which excludes volatile food and energy prices and is the Fed's favorite inflation yardstick - edged closer to that target in March, rising to 1.8% from 1.4% in February. For its part, the Fed has stated that it expects near-term price spikes, it does not expect those spikes to translate to longer-term inflation. Ian Shepherdson, chief economist at Pantheon Macroeconomics, agrees. \"This core PCE print probably does not mark the start of a sustained surge,\" he writes. \"It looks more like noise than signal.\" The graphic below shows core PCE, along with other major inflation indicators: In a separate report, midwest manufacturing activity went to the races this month. MNI Indicators' Chicago purchasing manager index $(PMI.UK)$ unexpectedly rose to a reading of 72.1 for April, blowing past the slight decline to 65.3 analysts expected. This marks the fastest acceleration since 1973. On Monday, the Institute for Supply Management is due to release its broader U.S. PMI reading for April, projected to come in at a tamer 65. A PMI number over 50 signifies increased activity over the previous month. \"The manufacturing sector remains resilient and continues to recover, responding to strong demand, even as supply bottlenecks are a headwind,\" says Rubeela Farooqi, chief U.S. economist at High Frequency Economics. The Labor Department also had its say in a report that showed labor costs increased by 0.9% in the first quarter as wage growth gathered speed. The Employment Cost Index (ECI), seen as gauge of labor market slack and a harbinger of future inflation, came in above the 0.7% consensus. \"The next couple (of) ECI reports, as the economy recovers, will be critical in determining what the Fed does later this year and into 2022,\" Shepherdson adds. The graphic below breaks the ECI down to its major components: Finally, the University of Michigan released its final take on consumer sentiment for April, which showed a 1.8 point improvement over the initial number to a level of 88.3. \"The largest and most important change in April was that an all-time record number of consumers expected declines in the unemployment rate during the year ahead,\" writes Richard Curtin, chief economist at UMich's Surveys of Consumers. \"Even if a booming economy resulted in higher inflation, consumer optimism would not diminish since consumers have already anticipated a temporary increase.\" Wall Street has taken its foot off the gas by late morning trading, with the indexes lower and the S&P easing off Thursday's record closing high. That said, the S&P and the Nasdaq appear set for weekly gains, and all three major averages are on course for a green April. (Stephen Culp) ***** U.S. STOCKS STRUGGLE, CLING TO SMALL WEEKLY RISE (1011 EDT/1411 GMT) The S&P 500 is in the red in early trade. With this, the benchmark index is on track for its first down-end to a trading week since March 19. And with a rise of only around 0.3% for the week, it's also on pace for its smallest weekly percentage gain since a 0.19% rise in mid-October of last year. Meanwhile, U.S. April Chicago PMI came in at 72.1 vs a 65.3 estimate. Final U Mich Sentiment for April printed at 88.3 vs an 87.4 estimate. Tech is the weakest S&P 500 sector. However, Amazon.com is leading the consumer discretionary sector into positive territory on the day. Here is the early market snapshot: (Terence Gabriel) ***** FANG INDEX: MUZZLED ON THE CHARTS (0900 EDT/1300 GMT) It's been an eventful week for the NYSE FANG+TM Index as 6 of its 10 members reported their quarterly numbers. The index ended Thursday up around 0.5% for the week, and 7% for the month. NYFANG is equal-weighted and includes 5 core FAANG stocks: Facebook , Apple , Amazon.com , Netflix and Alphabet . It also includes another 5 actively-traded technology/growth stocks: Alibaba , Baidu , Nvidia , Tesla and Twitter . TSLA, GOOGL, FB, and AAPL reported Monday-Wednesday, while AMZN and TWTR announced results last night. With this, AMZN is quoted up around 2% , and is the only gainer ahead of the open in the group. TWTR is poised to fall around 13%. Meanwhile, since the NYFANG ended a record run of 12-straight up days on April 13 , the index has been trapped in a range essentially defined by resistance at the 76.4%/78.6% Fibonacci retracement zone of its February/March slide which resides around 7,070/7,098. The 50% level, and the 50-day moving average, are acting as support now around 6,732: With this, historical volatility measures have been collapsing. Daily Bollinger Band width has hit a more than 3-month low. Thus, although the index has been muzzled shorter-term, it appears ripe for another round of more spirited action. A close outside the support/resistance levels will have the potential to spark increased momentum and volatility. (Terence Gabriel) ***** FOR FRIDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE: <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ NYFANG04302021 earlytrade04302021 Personal consumption Inflation Chicago PMI Employment costs Consumer sentiment AAII04302021 ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)","news_type":1},"isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101360560,"gmtCreate":1619846428350,"gmtModify":1634209494780,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/101360560","repostId":"2132643705","repostType":2,"repost":{"id":"2132643705","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and 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(((Reuters.Briefs@thomsonreuters.com);))</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>BRIEF-DBV Technologies - On Apr 26, Nasdaq Notified Co That Nasdaq Has Determined Co Has Regained Compliance With Nasdaq Quorum Requirement</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{ 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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-DBV Technologies - On Apr 26, Nasdaq Notified Co That Nasdaq Has Determined Co Has Regained Compliance With Nasdaq Quorum Requirement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-01 05:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>April 30 (Reuters) - DBV Technologies SA :</p><p> * DBV TECHNOLOGIES - ON APR 26, NASDAQ NOTIFIED CO THAT NASDAQ HAS DETERMINED CO HAS REGAINED COMPLIANCE WITH NASDAQ QUORUM REQUIREMENT</p><p>Source text: () Further company coverage: </p><p> (((Reuters.Briefs@thomsonreuters.com);))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2132643705","content_text":"April 30 (Reuters) - DBV Technologies SA : * DBV TECHNOLOGIES - ON APR 26, NASDAQ NOTIFIED CO THAT NASDAQ HAS DETERMINED CO HAS REGAINED COMPLIANCE WITH NASDAQ QUORUM REQUIREMENTSource text: () Further company coverage: 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23:13","market":"us","language":"en","title":"1 Question Tesla Investors Need to Ask Themselves","url":"https://stock-news.laohu8.com/highlight/detail?id=1146129324","media":"Motley Fool","summary":"Electric-car companyTeslahas now produced a profit for seven consecutive quarters. Tesla managed aGAAPnet income of $438 million in the first quarter, up from just $16 million one-year prior. It would appear, at least at first glance, that the electric-vehicle pioneer is on the right track in terms of profitability.The problem is that these profits aren't really coming from the cars that Tesla sells. The company currently generates hundreds of millions of dollars in pure profit each quarter fro","content":"<p>Electric-car company<b>Tesla</b>(NASDAQ:TSLA)has now produced a profit for seven consecutive quarters. Tesla managed aGAAPnet income of $438 million in the first quarter, up from just $16 million one-year prior. It would appear, at least at first glance, that the electric-vehicle (EV) pioneer is on the right track in terms of profitability.</p>\n<p>The problem is that these profits aren't really coming from the cars that Tesla sells. The company currently generates hundreds of millions of dollars in pure profit each quarter from the sale of regulatory credits, a side effect of other automakers not making enough zero-emission vehicles to meet regulatory requirements.</p>\n<p>Regulatory credit sales totaled $518 million in the first quarter, accounting for all of Tesla's profit and then some. This has been the case in previous quarters, as well. In fact, after backing out regulatory credits from Tesla's net income, the company has been unprofitable for six-straight quarters.</p>\n<p>Tesla's bottom line got an additional boost in the first quarter from a gain onthe sale of<b>Bitcoin</b>to the tune of $101 million, which showed up as a reduction in costs. The picture doesn't look so rosy when both regulatory credits and Bitcoin gains are excluded:</p>\n<p><img src=\"https://static.tigerbbs.com/b0906160cab581f4c8a599b7d0965d34\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>DATA SOURCE: TESLA. CHART BY AUTHOR.</p>\n<p>There's no question that Tesla's growth is impressive, but there's also no question that the core business of making and selling cars is not turning a profit. The question Tesla investors need to ask themselves is: If Tesla isn't profitable now, when there's little to no competition in electric vehicles in the United States, what's going to happen when a deluge of competition fromtraditional automakersarrives?</p>\n<p>A ton of competition is coming</p>\n<p>Tesla's brand has a cult following, so some people will be buying Tesla vehicles regardless of the other options available. But that's not likely to be the case for most people.</p>\n<p>The number of electric vehicles available for purchase in the U.S. is set to explode in the coming years.<b>General Motors</b>(NYSE:GM)is planning to launch 30 EVs globally by 2025, with two-thirds set to be sold in North America. The company is aiming to sell 1 million EVs annually in North America by 2025.</p>\n<p>Those models include electric versions of the company's GMC Hummer and Chevrolet Silverado pickup truck. Tesla has a loyal customer base, but so does GM. Someone who's been a GM truck buyer for years is likely to stick with GM when they decide to switch to an electric vehicle.</p>\n<p><img src=\"https://static.tigerbbs.com/c651279799dfdf96552379a7b5d448a9\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>IMAGE SOURCE: GM.</p>\n<p><b>Ford</b>(NYSE:F)is also pouring resources into electric vehicles, allocating $29 billion for electric and autonomous vehicles through 2025. The company's plans include anelectric version of its F-150 pickup truck, which should hit the production lines by mid-2022. Given GM's and Ford's plans, it will not be easy for Tesla to steal away market share in the lucrative pickup-truck segment.</p>\n<p>Other car companies have big plans, as well.<b>Volkswagen</b>(OTC:VWAGY)already sells over 200,000 EVs annually andexpects that number to double this year. The company is aiming to sell roughly 2 million EVs annually by 2025 and expects to launch 70 EV models by 2030.<b>Toyota</b>(NYSE:TM)willlaunch 15 new electric vehicles by 2025, some of which will be under the new Toyota bZ sub-brand. The list goes on.</p>\n<p>Not only will all these electric vehicles provide consumers with a bevy of options beyond Tesla, but they'll also deprive Tesla of its regulatory-credit income as other automakers churn out an increasing number of EVs.</p>\n<p>None of this is to say that Tesla can't be successful in a world where it faces more competition. But turning a profit is is going to get harder with each passing year.</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>1 Question Tesla Investors Need to Ask Themselves</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\">\n1 Question Tesla Investors Need to Ask Themselves\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 23:13 GMT+8 <a href=https://www.fool.com/investing/2021/04/30/1-question-tesla-investors-need-to-ask-themselves/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric-car companyTesla(NASDAQ:TSLA)has now produced a profit for seven consecutive quarters. Tesla managed aGAAPnet income of $438 million in the first quarter, up from just $16 million one-year ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/30/1-question-tesla-investors-need-to-ask-themselves/\">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.fool.com/investing/2021/04/30/1-question-tesla-investors-need-to-ask-themselves/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146129324","content_text":"Electric-car companyTesla(NASDAQ:TSLA)has now produced a profit for seven consecutive quarters. Tesla managed aGAAPnet income of $438 million in the first quarter, up from just $16 million one-year prior. It would appear, at least at first glance, that the electric-vehicle (EV) pioneer is on the right track in terms of profitability.\nThe problem is that these profits aren't really coming from the cars that Tesla sells. The company currently generates hundreds of millions of dollars in pure profit each quarter from the sale of regulatory credits, a side effect of other automakers not making enough zero-emission vehicles to meet regulatory requirements.\nRegulatory credit sales totaled $518 million in the first quarter, accounting for all of Tesla's profit and then some. This has been the case in previous quarters, as well. In fact, after backing out regulatory credits from Tesla's net income, the company has been unprofitable for six-straight quarters.\nTesla's bottom line got an additional boost in the first quarter from a gain onthe sale ofBitcointo the tune of $101 million, which showed up as a reduction in costs. The picture doesn't look so rosy when both regulatory credits and Bitcoin gains are excluded:\n\nDATA SOURCE: TESLA. CHART BY AUTHOR.\nThere's no question that Tesla's growth is impressive, but there's also no question that the core business of making and selling cars is not turning a profit. The question Tesla investors need to ask themselves is: If Tesla isn't profitable now, when there's little to no competition in electric vehicles in the United States, what's going to happen when a deluge of competition fromtraditional automakersarrives?\nA ton of competition is coming\nTesla's brand has a cult following, so some people will be buying Tesla vehicles regardless of the other options available. But that's not likely to be the case for most people.\nThe number of electric vehicles available for purchase in the U.S. is set to explode in the coming years.General Motors(NYSE:GM)is planning to launch 30 EVs globally by 2025, with two-thirds set to be sold in North America. The company is aiming to sell 1 million EVs annually in North America by 2025.\nThose models include electric versions of the company's GMC Hummer and Chevrolet Silverado pickup truck. Tesla has a loyal customer base, but so does GM. Someone who's been a GM truck buyer for years is likely to stick with GM when they decide to switch to an electric vehicle.\n\nIMAGE SOURCE: GM.\nFord(NYSE:F)is also pouring resources into electric vehicles, allocating $29 billion for electric and autonomous vehicles through 2025. The company's plans include anelectric version of its F-150 pickup truck, which should hit the production lines by mid-2022. Given GM's and Ford's plans, it will not be easy for Tesla to steal away market share in the lucrative pickup-truck segment.\nOther car companies have big plans, as well.Volkswagen(OTC:VWAGY)already sells over 200,000 EVs annually andexpects that number to double this year. The company is aiming to sell roughly 2 million EVs annually by 2025 and expects to launch 70 EV models by 2030.Toyota(NYSE:TM)willlaunch 15 new electric vehicles by 2025, some of which will be under the new Toyota bZ sub-brand. The list goes on.\nNot only will all these electric vehicles provide consumers with a bevy of options beyond Tesla, but they'll also deprive Tesla of its regulatory-credit income as other automakers churn out an increasing number of EVs.\nNone of this is to say that Tesla can't be successful in a world where it faces more competition. But turning a profit is is going to get harder with each passing year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370425667,"gmtCreate":1618621314859,"gmtModify":1631886472186,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Buy the dip?","listText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Buy the dip?","text":"$Pinterest, Inc.(PINS)$Buy the dip?","images":[{"img":"https://static.tigerbbs.com/3e758969bdcb1ef139f0234328f51ef3","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/370425667","isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":342605371,"gmtCreate":1618205570093,"gmtModify":1634294430636,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>:(","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>:(","text":"$Tiger Brokers(TIGR)$:(","images":[{"img":"https://static.tigerbbs.com/81522fb05cd37bcb465515f2a2bacc3b","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/342605371","isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":346789062,"gmtCreate":1618113078856,"gmtModify":1634294843339,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/346789062","repostId":"1121480052","repostType":4,"repost":{"id":"1121480052","pubTimestamp":1617979030,"share":"https://www.laohu8.com/m/news/1121480052?lang=&edition=full","pubTime":"2021-04-09 22:37","market":"us","language":"en","title":"Tesla China Deliveries Set EV Maker for Strong '21, Wedbush Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1121480052","media":"TheStreet","summary":"Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.Tesla's March deliveries in China create a strong trajectory for the electric-vehicle major into the rest of 2021, Wedbush analyst Dan Ives says.The China Passenger Car Association on Friday reported its March numbers, showing that Tesla delivered 35,500 vehicles, about double the February figure.\"The narrative is [clear: Despite] the haters and bears focused on China EV sales softeni","content":"<p>Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.</p><p>Tesla's March deliveries in China create a strong trajectory for the electric-vehicle major into the rest of 2021, Wedbush analyst Dan Ives says.</p><p>The China Passenger Car Association on Friday reported its March numbers, showing that Tesla delivered 35,500 vehicles, about double the February figure.</p><p>\"The narrative is [clear: Despite] the haters and bears focused on China EV sales softening in January, we have seen a storybook comeback from Tesla and domestic EV players NIO, Li Auto, Xpeng and others in this key region,\" Ives said in a Friday note.</p><p>Wedbush maintained its outperform rating and $1,000 price target.</p><p>Shares of the Palo Alto, Calif., company at last check were off 0.9% at $678.</p><p>Wedbush sees a run rate of 300,000 units delivered in China for the year, which would be the linchpin for the company hitting its 850,000-vehicle delivery goal worldwide.</p><p>\"As this green tidal wave hits its next phase globally, ... the Tesla EV demand story is just starting to play out,\" Ives said.</p><p>Additionally, lifting the 200,000 electric vehicle tax-credit ceiling, which was restored to Tesla and General Motors, and a likely $10,000 electric-vehicle tax rebate will be major catalysts for industry growth in the U.S., thanks to the focus on green energy from President Joe Biden's administration.</p><p>Last week, Tesla reported stronger-than-expected vehicle deliveries for the first quarter, paced by its midpriced Model 3 sedan and Chinese demand for its new Model Y SUV.</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>Tesla China Deliveries Set EV Maker for Strong '21, Wedbush Says</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 China Deliveries Set EV Maker for Strong '21, Wedbush Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 22:37 GMT+8 <a href=https://www.thestreet.com/investing/tesla-march-china-deliveries-strong-outlook-wedbush-says><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.Tesla's March deliveries in China create a strong trajectory for the electric-vehicle ...</p>\n\n<a href=\"https://www.thestreet.com/investing/tesla-march-china-deliveries-strong-outlook-wedbush-says\">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.thestreet.com/investing/tesla-march-china-deliveries-strong-outlook-wedbush-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121480052","content_text":"Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.Tesla's March deliveries in China create a strong trajectory for the electric-vehicle major into the rest of 2021, Wedbush analyst Dan Ives says.The China Passenger Car Association on Friday reported its March numbers, showing that Tesla delivered 35,500 vehicles, about double the February figure.\"The narrative is [clear: Despite] the haters and bears focused on China EV sales softening in January, we have seen a storybook comeback from Tesla and domestic EV players NIO, Li Auto, Xpeng and others in this key region,\" Ives said in a Friday note.Wedbush maintained its outperform rating and $1,000 price target.Shares of the Palo Alto, Calif., company at last check were off 0.9% at $678.Wedbush sees a run rate of 300,000 units delivered in China for the year, which would be the linchpin for the company hitting its 850,000-vehicle delivery goal worldwide.\"As this green tidal wave hits its next phase globally, ... the Tesla EV demand story is just starting to play out,\" Ives said.Additionally, lifting the 200,000 electric vehicle tax-credit ceiling, which was restored to Tesla and General Motors, and a likely $10,000 electric-vehicle tax rebate will be major catalysts for industry growth in the U.S., thanks to the focus on green energy from President Joe Biden's administration.Last week, Tesla reported stronger-than-expected vehicle deliveries for the first quarter, paced by its midpriced Model 3 sedan and Chinese demand for its new Model Y SUV.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101369817,"gmtCreate":1619846526839,"gmtModify":1631886471982,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>:(","listText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>:(","text":"$Pinterest, Inc.(PINS)$:(","images":[{"img":"https://static.tigerbbs.com/8b277c333e766a8039905764b5926a33","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/101369817","isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":344024574,"gmtCreate":1618361825698,"gmtModify":1634293484412,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/344024574","repostId":"2127045633","repostType":4,"repost":{"id":"2127045633","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1618359596,"share":"https://www.laohu8.com/m/news/2127045633?lang=&edition=full","pubTime":"2021-04-14 08:19","market":"us","language":"en","title":"Coinbase reference price set at $250 per share ahead of Nasdaq debut","url":"https://stock-news.laohu8.com/highlight/detail?id=2127045633","media":"Reuters","summary":"Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a valu","content":"<p>Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.</p>\n<p>The reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.</p>\n<p>Coinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.</p>\n<p>The reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.</p>\n<p>If shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.</p>\n<p>By comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.</p>\n<p>Coinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.</p>\n<p>The option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.</p>\n<p>Founded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.</p>\n<p>Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.</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>Coinbase reference price set at $250 per share ahead of Nasdaq debut</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\">\nCoinbase reference price set at $250 per share ahead of Nasdaq debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-14 08:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.</p>\n<p>The reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.</p>\n<p>Coinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.</p>\n<p>The reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.</p>\n<p>If shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.</p>\n<p>By comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.</p>\n<p>Coinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.</p>\n<p>The option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.</p>\n<p>Founded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.</p>\n<p>Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.</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":"2127045633","content_text":"Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.\nThe reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.\nCoinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.\nThe reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.\nIf shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.\nBy comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.\nCoinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.\nThe option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.\nFounded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.\nBitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107728770,"gmtCreate":1620541670590,"gmtModify":1631891102933,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/107728770","repostId":"1193602237","repostType":4,"repost":{"id":"1193602237","pubTimestamp":1620471120,"share":"https://www.laohu8.com/m/news/1193602237?lang=&edition=full","pubTime":"2021-05-08 18:52","market":"us","language":"en","title":"U.S. hiring takes big step back as businesses scramble for workers, raw materials","url":"https://stock-news.laohu8.com/highlight/detail?id=1193602237","media":"reuters","summary":"U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in dema","content":"<p>U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in demand, unleashed by the reopening of the economy amid rapidly improving public health and massive financial help from the government.</p><p>The Labor Department's closely watched employment report on Friday will be the first to show the impact of the White House's $1.9 trillion COVID-19 pandemic rescue package, which was approved in March. It is likely to show the economy entered the second quarter with even greater momentum, firmly putting it on track this year for its best performance in almost four decades.</p><p>\"We are looking for a pretty good figure, reflecting the ongoing reopening we have seen,\" said James Knightley, chief international economist at ING in New York. \"With cash in people's pockets, economic activity is looking good and that should lead to more and more hiring right across the economy.\"</p><p>According to a Reuters survey of economists, nonfarm payrolls likely increased by 978,000 jobs last month after rising by 916,000 in March. That would leave employment about 7.5 million jobs below its peak in February 2020.</p><p>Twelve months ago, the economy purged a record 20.679 million jobs as it reeled from mandatory closures of nonessential businesses to slow the first wave of COVID-19 infections.</p><p>April's payrolls estimates range from as low as 656,000 to as high as 2.1 million jobs. New claims for unemployment benefits have dropped below 500,000 for the first-time since the pandemic started and job cuts announced by U.S.-based employers in April were the lowest in nearly 21 years.</p><p>Also arguing for another month of blockbuster job growth, consumers' perceptions of the labor market are the strongest in 13 months. But the pent-up demand, which contributed to the economy's 6.4% annualized growth pace in the first quarter, the second-fastest since the third quarter of 2003, has triggered shortages of labor and raw materials.</p><p>From manufacturing to restaurants, employers are scrambling for workers. A range of factors, including parents still at home caring for children, coronavirus-related retirements and generous unemployment checks, are blamed for the labor shortages.</p><p>\"While we do not expect that lack of workers will weigh noticeably on April employment, rehiring could become more difficult in coming months before expanded unemployment benefits expire in September,\" said Veronica Clark, an economist at Citigroup in New York.</p><p>Payroll gains were likely led by the leisure and hospitality industry as more high-contact businesses such as restaurants, bars and amusement parks reopen. Americans over the age of 16 are now eligible to receive the COVID-19 vaccine, leading states like New York, New Jersey and Connecticut to lift most of their coronavirus capacity restrictions on businesses.</p><p>BROAD EMPLOYMENT GAINS</p><p>Solid gains were also expected in manufacturing, despite a global semiconductor chip shortage, which has forced motor vehicle manufacturers to cut production. Strong housing demand likely boosted construction payrolls.</p><p>Government employment is also expected to have picked up as school districts hired more teachers following the resumption of in-person learning in many states.</p><p>Robust hiring is unlikely to have an impact on President Joe Biden's plan to spend another $4 trillion on education and childcare, middle- and low-income families, infrastructure and jobs. Neither was it expected to influence monetary policy, with the Federal Reserve having signaled it is prepared to let the economy run hotter than it did in previous cycles.</p><p>Millions of Americans remain out of work and many have permanently lost jobs because of the pandemic.</p><p>\"Nobody knows what the economy is going to look like post COVID,\" said Steven Blitz, chief U.S. economist at TS Lombard in New York. \"There is a stubbornly high number of people who have been permanently displaced. The (spending) plans are about giving the economy a higher trajectory of growth so that these people can be hired sooner rather than later.\"</p><p>The unemployment rate is forecast dropping to 5.8% in April from 6.0% in March. The unemployment rate has been understated by people misclassifying themselves as being \"employed but absent from work.\"</p><p>To gauge the recovery, economists will focus on the number of people who have been unemployed for more than six months as well as those out of work because of permanent job losses.</p><p>The labor force participation rate, or the proportion of working-age Americans who have a job or are looking for one, likely improved last month, though it remained below its pre-pandemic level. More than 4 million people, many of them women, dropped out of the labor force during the pandemic.</p><p>With the lower-wage leisure and hospitality industry expected to dominate employment gains, average hourly earnings were likely unchanged in April after dipping 0.1% in March. That would lead to a 0.4% drop in wages on a year-on-year basis after a 4.2% increase in March.</p><p>\"We will be watching average hourly earnings very closely for signs that difficulty in hiring qualified workers is beginning to boost compensation,\" said David Kelly, chief global strategist at J.P. Morgan Asset Management in New York.</p><p>\"If tightening labor markets boost wage growth, then the inflation bounce which the Fed is anticipating to be modest and transitory could turn out to be stronger and longer-lasting, leading to earlier Fed tightening.\"</p><p>The anticipated drop in wages will have no impact on consumer spending, with Americans sitting on more than $2 trillion in excess savings. The average workweek was forecast steady at 34.9 hours.</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. hiring takes big step back as businesses scramble for workers, raw materials</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. hiring takes big step back as businesses scramble for workers, raw materials\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 18:52 GMT+8 <a href=https://www.reuters.com/markets><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in demand, unleashed by the reopening of the economy amid rapidly improving public health and massive ...</p>\n\n<a href=\"https://www.reuters.com/markets\">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.reuters.com/markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193602237","content_text":"U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in demand, unleashed by the reopening of the economy amid rapidly improving public health and massive financial help from the government.The Labor Department's closely watched employment report on Friday will be the first to show the impact of the White House's $1.9 trillion COVID-19 pandemic rescue package, which was approved in March. It is likely to show the economy entered the second quarter with even greater momentum, firmly putting it on track this year for its best performance in almost four decades.\"We are looking for a pretty good figure, reflecting the ongoing reopening we have seen,\" said James Knightley, chief international economist at ING in New York. \"With cash in people's pockets, economic activity is looking good and that should lead to more and more hiring right across the economy.\"According to a Reuters survey of economists, nonfarm payrolls likely increased by 978,000 jobs last month after rising by 916,000 in March. That would leave employment about 7.5 million jobs below its peak in February 2020.Twelve months ago, the economy purged a record 20.679 million jobs as it reeled from mandatory closures of nonessential businesses to slow the first wave of COVID-19 infections.April's payrolls estimates range from as low as 656,000 to as high as 2.1 million jobs. New claims for unemployment benefits have dropped below 500,000 for the first-time since the pandemic started and job cuts announced by U.S.-based employers in April were the lowest in nearly 21 years.Also arguing for another month of blockbuster job growth, consumers' perceptions of the labor market are the strongest in 13 months. But the pent-up demand, which contributed to the economy's 6.4% annualized growth pace in the first quarter, the second-fastest since the third quarter of 2003, has triggered shortages of labor and raw materials.From manufacturing to restaurants, employers are scrambling for workers. A range of factors, including parents still at home caring for children, coronavirus-related retirements and generous unemployment checks, are blamed for the labor shortages.\"While we do not expect that lack of workers will weigh noticeably on April employment, rehiring could become more difficult in coming months before expanded unemployment benefits expire in September,\" said Veronica Clark, an economist at Citigroup in New York.Payroll gains were likely led by the leisure and hospitality industry as more high-contact businesses such as restaurants, bars and amusement parks reopen. Americans over the age of 16 are now eligible to receive the COVID-19 vaccine, leading states like New York, New Jersey and Connecticut to lift most of their coronavirus capacity restrictions on businesses.BROAD EMPLOYMENT GAINSSolid gains were also expected in manufacturing, despite a global semiconductor chip shortage, which has forced motor vehicle manufacturers to cut production. Strong housing demand likely boosted construction payrolls.Government employment is also expected to have picked up as school districts hired more teachers following the resumption of in-person learning in many states.Robust hiring is unlikely to have an impact on President Joe Biden's plan to spend another $4 trillion on education and childcare, middle- and low-income families, infrastructure and jobs. Neither was it expected to influence monetary policy, with the Federal Reserve having signaled it is prepared to let the economy run hotter than it did in previous cycles.Millions of Americans remain out of work and many have permanently lost jobs because of the pandemic.\"Nobody knows what the economy is going to look like post COVID,\" said Steven Blitz, chief U.S. economist at TS Lombard in New York. \"There is a stubbornly high number of people who have been permanently displaced. The (spending) plans are about giving the economy a higher trajectory of growth so that these people can be hired sooner rather than later.\"The unemployment rate is forecast dropping to 5.8% in April from 6.0% in March. The unemployment rate has been understated by people misclassifying themselves as being \"employed but absent from work.\"To gauge the recovery, economists will focus on the number of people who have been unemployed for more than six months as well as those out of work because of permanent job losses.The labor force participation rate, or the proportion of working-age Americans who have a job or are looking for one, likely improved last month, though it remained below its pre-pandemic level. More than 4 million people, many of them women, dropped out of the labor force during the pandemic.With the lower-wage leisure and hospitality industry expected to dominate employment gains, average hourly earnings were likely unchanged in April after dipping 0.1% in March. That would lead to a 0.4% drop in wages on a year-on-year basis after a 4.2% increase in March.\"We will be watching average hourly earnings very closely for signs that difficulty in hiring qualified workers is beginning to boost compensation,\" said David Kelly, chief global strategist at J.P. Morgan Asset Management in New York.\"If tightening labor markets boost wage growth, then the inflation bounce which the Fed is anticipating to be modest and transitory could turn out to be stronger and longer-lasting, leading to earlier Fed tightening.\"The anticipated drop in wages will have no impact on consumer spending, with Americans sitting on more than $2 trillion in excess savings. The average workweek was forecast steady at 34.9 hours.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101369717,"gmtCreate":1619846582439,"gmtModify":1631891102950,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"..","listText":"..","text":"..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/101369717","repostId":"1186088353","repostType":4,"repost":{"id":"1186088353","pubTimestamp":1619795143,"share":"https://www.laohu8.com/m/news/1186088353?lang=&edition=full","pubTime":"2021-04-30 23:05","market":"us","language":"en","title":"Stocks Decline Amid Earnings, Economic Reports: Markets Wrap","url":"https://stock-news.laohu8.com/highlight/detail?id=1186088353","media":"Yahoo","summary":"Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing ","content":"<p>Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing potential inflation pressures. The dollar rose.</p><p>The S&P 500 pared its monthly gains. Twitter Inc. sank as the social media company posted a sluggish start to the year in its advertising business, while Amazon.com Inc. rallied on a jump in sales. Despite living up to Wall Street’s profit expectations, Chevron Corp. slid after disappointing investors who were anticipating a revival of buybacks.</p><p>Read: Big Oil Is Boosting ETF Returns and ESG Funds Are No Exception</p><p>Data Friday showed U.S. personal incomes soared in March by the most in monthly records back to 1946, powered by a third round of pandemic-relief checks. A key measure of consumer prices, known as the personal consumption expenditure price index, that the Federal Reserve officially uses for its target rose 2.3% in March from a year earlier, the biggest gain since 2018. Meanwhile, a gauge of consumer sentiment continued to strengthen in late April.</p><p>With the S&P 500 poised to end the first four months of 2021 with a rally of more than 10%, the adage of “sell in May and go away” may be on many investors’ minds. However, JPMorgan Chase & Co. strategists urged traders to get ready for a revival of the reflation trade as the economic reopening gathers pace in coming months. Credit Suisse Group AG’s Jonathan Golub raised his year-end forecast for the S&P 500, citing a “red-hot economy fueling earnings.”</p><p>“Are we at a point where there’s further upside to the market or are we at a point where we need to think about the cadence of returns going forward being more narrow or smaller?” said Ralph Bassett, head of North American equities at Aberdeen Standard Investments. “The setup is very good, but with multiples where they are, the upside risks are just really becoming less likely at this stage.”</p><p>Technology stocks are poised to gain support from relatively stable yields for U.S. inflation-indexed debt, according to Andrew Garthwaite, a global strategist at Credit Suisse Group AG. He compared a relative-strength gauge for the group with the yield on 10-year Treasury Inflation Protected Securities, or TIPS, in a report Thursday. The S&P 500 Information Technology Index’s ratio to the benchmark gauge of American equities set this year’s low in March, and then climbed as demand for the debt caused yields to fall.</p><p>“We do not expect a meaningful rise in the TIPS yield,” Garthwaite wrote, citing U.S. monetary policy and other influences.</p><p>These are some of the main moves in markets:</p><p>Stocks</p><p>The S&P 500 fell 0.4% as of 10:34 a.m. New York timeThe Nasdaq 100 was little changedThe Dow Jones Industrial Average fell 0.4%The Stoxx Europe 600 was little changedThe MSCI World index fell 0.5%</p><p>Currencies</p><p>The Bloomberg Dollar Spot Index rose 0.4%The euro fell 0.4% to $1.2072The British pound fell 0.6% to $1.3863The Japanese yen fell 0.1% to 109.06 per dollar</p><p>Bonds</p><p>The yield on 10-year Treasuries was little changed at 1.63%Germany’s 10-year yield declined one basis point to -0.21%Britain’s 10-year yield was little changed at 0.83%</p><p>Commodities</p><p>West Texas Intermediate crude fell 2.1% to $64 a barrelGold futures were little changed</p>","source":"lsy1584348713084","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>Stocks Decline Amid Earnings, Economic Reports: Markets Wrap</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\">\nStocks Decline Amid Earnings, Economic Reports: Markets Wrap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 23:05 GMT+8 <a href=https://finance.yahoo.com/news/asia-stocks-point-lower-gdp-215835535.html><strong>Yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing potential inflation pressures. The dollar rose.The S&P 500 pared its monthly gains. Twitter Inc. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/asia-stocks-point-lower-gdp-215835535.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/asia-stocks-point-lower-gdp-215835535.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186088353","content_text":"Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing potential inflation pressures. The dollar rose.The S&P 500 pared its monthly gains. Twitter Inc. sank as the social media company posted a sluggish start to the year in its advertising business, while Amazon.com Inc. rallied on a jump in sales. Despite living up to Wall Street’s profit expectations, Chevron Corp. slid after disappointing investors who were anticipating a revival of buybacks.Read: Big Oil Is Boosting ETF Returns and ESG Funds Are No ExceptionData Friday showed U.S. personal incomes soared in March by the most in monthly records back to 1946, powered by a third round of pandemic-relief checks. A key measure of consumer prices, known as the personal consumption expenditure price index, that the Federal Reserve officially uses for its target rose 2.3% in March from a year earlier, the biggest gain since 2018. Meanwhile, a gauge of consumer sentiment continued to strengthen in late April.With the S&P 500 poised to end the first four months of 2021 with a rally of more than 10%, the adage of “sell in May and go away” may be on many investors’ minds. However, JPMorgan Chase & Co. strategists urged traders to get ready for a revival of the reflation trade as the economic reopening gathers pace in coming months. Credit Suisse Group AG’s Jonathan Golub raised his year-end forecast for the S&P 500, citing a “red-hot economy fueling earnings.”“Are we at a point where there’s further upside to the market or are we at a point where we need to think about the cadence of returns going forward being more narrow or smaller?” said Ralph Bassett, head of North American equities at Aberdeen Standard Investments. “The setup is very good, but with multiples where they are, the upside risks are just really becoming less likely at this stage.”Technology stocks are poised to gain support from relatively stable yields for U.S. inflation-indexed debt, according to Andrew Garthwaite, a global strategist at Credit Suisse Group AG. He compared a relative-strength gauge for the group with the yield on 10-year Treasury Inflation Protected Securities, or TIPS, in a report Thursday. The S&P 500 Information Technology Index’s ratio to the benchmark gauge of American equities set this year’s low in March, and then climbed as demand for the debt caused yields to fall.“We do not expect a meaningful rise in the TIPS yield,” Garthwaite wrote, citing U.S. monetary policy and other influences.These are some of the main moves in markets:StocksThe S&P 500 fell 0.4% as of 10:34 a.m. New York timeThe Nasdaq 100 was little changedThe Dow Jones Industrial Average fell 0.4%The Stoxx Europe 600 was little changedThe MSCI World index fell 0.5%CurrenciesThe Bloomberg Dollar Spot Index rose 0.4%The euro fell 0.4% to $1.2072The British pound fell 0.6% to $1.3863The Japanese yen fell 0.1% to 109.06 per dollarBondsThe yield on 10-year Treasuries was little changed at 1.63%Germany’s 10-year yield declined one basis point to -0.21%Britain’s 10-year yield was little changed at 0.83%CommoditiesWest Texas Intermediate crude fell 2.1% to $64 a barrelGold futures were little changed","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370804152,"gmtCreate":1618568938576,"gmtModify":1634292030139,"author":{"id":"3553461926074646","authorId":"3553461926074646","name":"_Turtle_","avatar":"https://static.tigerbbs.com/8b51cfa0b103a39e7f6dd58a2faec937","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553461926074646","authorIdStr":"3553461926074646"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Can’t go up","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Can’t go up","text":"$Palantir Technologies Inc.(PLTR)$Can’t go 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