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DesmondLee
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Three reasons why analysts view Google’s delayed cookie change as good news for ad tech stocks
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22:33","market":"us","language":"en","title":"Three reasons why analysts view Google’s delayed cookie change as good news for ad tech stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1100357819","media":"cnbc","summary":"Googlesaid Thursday it waspushing backits timeline to kill third-party tracking cookies, sending ad ","content":"<div>\n<p>Googlesaid Thursday it waspushing backits timeline to kill third-party tracking cookies, sending ad tech stocks flying. Though the change is still slated to happen in 2023, analysts say more time is a...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/three-reasons-analysts-view-googles-delayed-cookie-change-as-good-news-for-ad-tech-stocks.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Three reasons why analysts view Google’s delayed cookie change as good news for ad tech stocks</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\">\nThree reasons why analysts view Google’s delayed cookie change as good news for ad tech stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 22:33 GMT+8 <a href=https://www.cnbc.com/2021/06/25/three-reasons-analysts-view-googles-delayed-cookie-change-as-good-news-for-ad-tech-stocks.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Googlesaid Thursday it waspushing backits timeline to kill third-party tracking cookies, sending ad tech stocks flying. Though the change is still slated to happen in 2023, analysts say more time is a...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/three-reasons-analysts-view-googles-delayed-cookie-change-as-good-news-for-ad-tech-stocks.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://www.cnbc.com/2021/06/25/three-reasons-analysts-view-googles-delayed-cookie-change-as-good-news-for-ad-tech-stocks.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100357819","content_text":"Googlesaid Thursday it waspushing backits timeline to kill third-party tracking cookies, sending ad tech stocks flying. Though the change is still slated to happen in 2023, analysts say more time is a positive for players likeThe Trade DeskandCriteo.\nCookies are small pieces of code that websites deliver to a visitor’s browser and stick around as the person visits other sites. They can be used to track users across multiple sites to target ads and see how they perform. Googlesaid last yearit would end support for those cookies in Chrome by early 2022 once it figured out how to address the needs of users, publishers and advertisers and come up with tools to mitigate workarounds. But this week, Googleupdated that timeline, saying in a blog post that it was clear more time was needed.\n“We believe this is ... good news for ad tech stocks, as it removes a near-term overhang, pushing it out by up to two years, with further delays possible,” Macquarie analysts wrote Thursday.\nThe Trade Desk surged 16% Thursday. Magnite closed up 8% Thursday. Criteo jumped to a new 52-week-high Friday, up 1% after closing 12% higher Thursday.\nHere are three ways analysts see the change as a positive for ad tech stocks:\nMore time to diversify revenue away from cookies\nNeedham analysts wrote that the delay impacts the allocation of $400 billion dollars a year globally of digital ad revenue between walled gardens like Google andFacebookand open internet ad tech companies like The Trade Desk or Magnite. They wrote that the delay means cookie-based revenues at those open internet companies will be lesser at the time of the change. Companies like The Trade Desk and Magnite have a growing presence in connected TV, a sector that’s not impacted by the cookie change.\nKeybanc analysts agree the updated timeline gives companies more time to grow in cookie-free channels like CTV.\n“By the time 3P cookies are deprecated, we believe there is a strong likelihood advertisers and AdTech providers will have lower revenue exposures to 3P cookies and face minimal (if any) business disruption,” they wrote.\nTargeting alternatives have more time\nAd tech firms and industry bodies have been working together on other types of solutions for a post-cookie future. Unified ID 2.0,an initiativethat some top ad-tech firms are working on together, would rely on email addresses that are hashed and encrypted from consumers who give their consent. Public companyLiveRampalso has what it callsits “Authenticated Traffic Solution,”which it says involves consumers opting in to gain control of their data, and on the other side, brands and publishers being able to use that data.\nAnalysts said the delay means more time for these alternatives to gain traction.\n“People-based targeting substitutes to Cookies, such as Unified ID 2.0 and ATS, will now have 2 additional years to aggregate consumers and ecosystem partners,” Needham analysts wrote.\nTruist analysts agreed.\n“A delay in cookie deprecation should give TTD and others more time to refine their offering, attract more partners and increase adoption, in our view,” they wrote.\nPotential of more delays\nU.K. antitrust authorities said earlier this year they areinvestigatingwhether the plan to remove third-party cookies from Chrome could hurt online ad competition. The Competition and Markets Authority said it will look into whether Google’s plans could cause advertisers to shift spend to Google’s own tools at the expense of its competitors.\n“Subject to our engagement with the United Kingdom’s Competition and Markets Authority (CMA) and in line with thecommitmentswe have offered, Chrome could then phase out third-party cookies over a three month period, starting in mid-2023 and ending in late 2023,” Google’s post Thursday said.\nBut Needham analysts seem skeptical about that timeline.\n“We believe late 2023 will not be long enough since the UK’s Competition and Markets Authority (CMA) has agreed to oversee and approve any Chrome changes,” they wrote. “Google said its new timeline was in line with this UK settlement agreement, but our view is that 2 years is too fast for governments to accomplish such a large economic transfer of wealth, such as reallocating economics between Walled Gardens and the Open Internet. Since politicians are victims of every group that’s injured in the change, we think this increases the likelihood that it takes longer than 2 years and/or that it never happens.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166865376,"gmtCreate":1624002688895,"gmtModify":1634024289748,"author":{"id":"3569196607026906","authorId":"3569196607026906","name":"DesmondLee","avatar":"https://static.tigerbbs.com/146720d643ee09b0a408a9718d1ede85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569196607026906","authorIdStr":"3569196607026906"},"themes":[],"htmlText":"Nice✌️","listText":"Nice✌️","text":"Nice✌️","images":[{"img":"https://static.tigerbbs.com/dc07a00a18c5447f01ac23870ee81093","width":"1125","height":"2284"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166865376","isVote":1,"tweetType":1,"viewCount":481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":166866440,"gmtCreate":1624002612380,"gmtModify":1634024290872,"author":{"id":"3569196607026906","authorId":"3569196607026906","name":"DesmondLee","avatar":"https://static.tigerbbs.com/146720d643ee09b0a408a9718d1ede85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569196607026906","authorIdStr":"3569196607026906"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166866440","repostId":"2144287722","repostType":4,"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166866309,"gmtCreate":1624002568501,"gmtModify":1634024291335,"author":{"id":"3569196607026906","authorId":"3569196607026906","name":"DesmondLee","avatar":"https://static.tigerbbs.com/146720d643ee09b0a408a9718d1ede85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569196607026906","authorIdStr":"3569196607026906"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166866309","repostId":"2144226637","repostType":4,"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168597861,"gmtCreate":1623978188953,"gmtModify":1634024908397,"author":{"id":"3569196607026906","authorId":"3569196607026906","name":"DesmondLee","avatar":"https://static.tigerbbs.com/146720d643ee09b0a408a9718d1ede85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569196607026906","authorIdStr":"3569196607026906"},"themes":[],"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/168597861","repostId":"2144474967","repostType":4,"isVote":1,"tweetType":1,"viewCount":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":122476004,"gmtCreate":1624631715008,"gmtModify":1633950280037,"author":{"id":"3569196607026906","authorId":"3569196607026906","name":"DesmondLee","avatar":"https://static.tigerbbs.com/146720d643ee09b0a408a9718d1ede85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569196607026906","idStr":"3569196607026906"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/122476004","repostId":"1150738323","repostType":4,"repost":{"id":"1150738323","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624627873,"share":"https://www.laohu8.com/m/news/1150738323?lang=&edition=full","pubTime":"2021-06-25 21:31","market":"us","language":"en","title":"S&P 500 rises to another record, heads for its best week since April","url":"https://stock-news.laohu8.com/highlight/detail?id=1150738323","media":"Tiger Newspress","summary":" U.S. stocks rose on Friday with the S&P 500 building on its rally to records, as investors bet that higher inflation will be temporary as the economy continues to recover.The broad equity benchmark climbed 0.2% to hit another all-time high. The Dow Jones Industrial Average rose 160 points, or 0.5%, while the Nasdaq Composite gained 0.2%.Wall Street extended gains after a key inflation indicator that the Federal Reserve uses to set policy rose 3.4% in May, the fastest increase since the early 19","content":"<p>(June 25) U.S. stocks rose on Friday with the S&P 500 building on its rally to records, as investors bet that higher inflation will be temporary as the economy continues to recover.</p>\n<p>The broad equity benchmark climbed 0.2% to hit another all-time high. The Dow Jones Industrial Average rose 160 points, or 0.5%, while the Nasdaq Composite gained 0.2%.</p>\n<p>Wall Street extended gains after a key inflation indicator that the Federal Reserve uses to set policy rose 3.4% in May, the fastest increase since the early 1990s, the Commerce Department reported Friday. The reading matched the expectation from economists polled by Dow Jones.</p>\n<p>The core personal consumption expenditures price index increase reflects the rapid pace of economic expansion and resulting price pressures, and amplified how far the nation has come since the pandemic-induced shutdown of 2020.</p>\n<p>The S&P 500, which closed at a record Thursday, is up 2.6% for the week so far, which would be its best gain since early April. The Dow is up 3.2% this week and the Nasdaq is up 2.6% since last Friday.</p>\n<p>Nike's stock surged 12% in premarket trading, helping to boost sentiment for the Dow. The company reportedearnings and revenuethat blew past Wall Street estimates. Digital sales also jumped 41% since last year and 147% from two years ago.</p>\n<p>Shares of Caterpillar jumped 2.6% on optimism around an infrastructure deal on Thursday. The shares were higher by another 1% in premarket trading Friday.</p>\n<p>On the flipside Friday,FedExdipped 4% in premarket trading despite beating on the top and bottom lines of its earnings. FedEx also gave a strong yearly outlook.</p>\n<p>Shares of the major U.S. banks popped after the Federal Reserve announcedthe industry could easily withstand a severe recession. The Fed, in releasing the results of its annual stress test, said the 23 institutions in the 2021 exam remained \"well above\" minimum required capital levels during a hypothetical economic downturn. The decision cleared the way for the banks to raise dividends and buy back more stock, which was suspended during the pandemic.</p>\n<p>Bank of AmericaandWells Fargorose 1.4% and 2%, respectively, in the premarket.</p>\n<p>President Joe Biden announced Thursday that the White House struck an infrastructure deal with a bipartisan group of senators. The lawmakers have worked for weeks to craft a roughly $1 trillion package that could get through Congress with support from both parties. The framework will include $579 billion in new spending on transportation like roads, bridges and rail, electric vehicle infrastructure and electric transit, among other things.</p>\n<p>The stock market came back from last week’s swoon induced by worries about a tighter Federal Reserve. Last week, the Dow fell 3.5% and the S&P 500 shed 1.9% as the Fed moved up its timeline for interest-rate increases.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 rises to another record, heads for its best week since April</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 rises to another record, heads for its best week since April\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-25 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 25) U.S. stocks rose on Friday with the S&P 500 building on its rally to records, as investors bet that higher inflation will be temporary as the economy continues to recover.</p>\n<p>The broad equity benchmark climbed 0.2% to hit another all-time high. The Dow Jones Industrial Average rose 160 points, or 0.5%, while the Nasdaq Composite gained 0.2%.</p>\n<p>Wall Street extended gains after a key inflation indicator that the Federal Reserve uses to set policy rose 3.4% in May, the fastest increase since the early 1990s, the Commerce Department reported Friday. The reading matched the expectation from economists polled by Dow Jones.</p>\n<p>The core personal consumption expenditures price index increase reflects the rapid pace of economic expansion and resulting price pressures, and amplified how far the nation has come since the pandemic-induced shutdown of 2020.</p>\n<p>The S&P 500, which closed at a record Thursday, is up 2.6% for the week so far, which would be its best gain since early April. The Dow is up 3.2% this week and the Nasdaq is up 2.6% since last Friday.</p>\n<p>Nike's stock surged 12% in premarket trading, helping to boost sentiment for the Dow. The company reportedearnings and revenuethat blew past Wall Street estimates. Digital sales also jumped 41% since last year and 147% from two years ago.</p>\n<p>Shares of Caterpillar jumped 2.6% on optimism around an infrastructure deal on Thursday. The shares were higher by another 1% in premarket trading Friday.</p>\n<p>On the flipside Friday,FedExdipped 4% in premarket trading despite beating on the top and bottom lines of its earnings. FedEx also gave a strong yearly outlook.</p>\n<p>Shares of the major U.S. banks popped after the Federal Reserve announcedthe industry could easily withstand a severe recession. The Fed, in releasing the results of its annual stress test, said the 23 institutions in the 2021 exam remained \"well above\" minimum required capital levels during a hypothetical economic downturn. The decision cleared the way for the banks to raise dividends and buy back more stock, which was suspended during the pandemic.</p>\n<p>Bank of AmericaandWells Fargorose 1.4% and 2%, respectively, in the premarket.</p>\n<p>President Joe Biden announced Thursday that the White House struck an infrastructure deal with a bipartisan group of senators. The lawmakers have worked for weeks to craft a roughly $1 trillion package that could get through Congress with support from both parties. The framework will include $579 billion in new spending on transportation like roads, bridges and rail, electric vehicle infrastructure and electric transit, among other things.</p>\n<p>The stock market came back from last week’s swoon induced by worries about a tighter Federal Reserve. Last week, the Dow fell 3.5% and the S&P 500 shed 1.9% as the Fed moved up its timeline for interest-rate increases.</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150738323","content_text":"(June 25) U.S. stocks rose on Friday with the S&P 500 building on its rally to records, as investors bet that higher inflation will be temporary as the economy continues to recover.\nThe broad equity benchmark climbed 0.2% to hit another all-time high. The Dow Jones Industrial Average rose 160 points, or 0.5%, while the Nasdaq Composite gained 0.2%.\nWall Street extended gains after a key inflation indicator that the Federal Reserve uses to set policy rose 3.4% in May, the fastest increase since the early 1990s, the Commerce Department reported Friday. The reading matched the expectation from economists polled by Dow Jones.\nThe core personal consumption expenditures price index increase reflects the rapid pace of economic expansion and resulting price pressures, and amplified how far the nation has come since the pandemic-induced shutdown of 2020.\nThe S&P 500, which closed at a record Thursday, is up 2.6% for the week so far, which would be its best gain since early April. The Dow is up 3.2% this week and the Nasdaq is up 2.6% since last Friday.\nNike's stock surged 12% in premarket trading, helping to boost sentiment for the Dow. The company reportedearnings and revenuethat blew past Wall Street estimates. Digital sales also jumped 41% since last year and 147% from two years ago.\nShares of Caterpillar jumped 2.6% on optimism around an infrastructure deal on Thursday. The shares were higher by another 1% in premarket trading Friday.\nOn the flipside Friday,FedExdipped 4% in premarket trading despite beating on the top and bottom lines of its earnings. FedEx also gave a strong yearly outlook.\nShares of the major U.S. banks popped after the Federal Reserve announcedthe industry could easily withstand a severe recession. The Fed, in releasing the results of its annual stress test, said the 23 institutions in the 2021 exam remained \"well above\" minimum required capital levels during a hypothetical economic downturn. The decision cleared the way for the banks to raise dividends and buy back more stock, which was suspended during the pandemic.\nBank of AmericaandWells Fargorose 1.4% and 2%, respectively, in the premarket.\nPresident Joe Biden announced Thursday that the White House struck an infrastructure deal with a bipartisan group of senators. The lawmakers have worked for weeks to craft a roughly $1 trillion package that could get through Congress with support from both parties. The framework will include $579 billion in new spending on transportation like roads, bridges and rail, electric vehicle infrastructure and electric transit, among other things.\nThe stock market came back from last week’s swoon induced by worries about a tighter Federal Reserve. Last week, the Dow fell 3.5% and the S&P 500 shed 1.9% as the Fed moved up its timeline for interest-rate increases.","news_type":1},"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122478922,"gmtCreate":1624631688266,"gmtModify":1633950280485,"author":{"id":"3569196607026906","authorId":"3569196607026906","name":"DesmondLee","avatar":"https://static.tigerbbs.com/146720d643ee09b0a408a9718d1ede85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569196607026906","idStr":"3569196607026906"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/122478922","repostId":"1100357819","repostType":4,"repost":{"id":"1100357819","kind":"news","pubTimestamp":1624631602,"share":"https://www.laohu8.com/m/news/1100357819?lang=&edition=full","pubTime":"2021-06-25 22:33","market":"us","language":"en","title":"Three reasons why analysts view Google’s delayed cookie change as good news for ad tech stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1100357819","media":"cnbc","summary":"Googlesaid Thursday it waspushing backits timeline to kill third-party tracking cookies, sending ad ","content":"<div>\n<p>Googlesaid Thursday it waspushing backits timeline to kill third-party tracking cookies, sending ad tech stocks flying. Though the change is still slated to happen in 2023, analysts say more time is a...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/three-reasons-analysts-view-googles-delayed-cookie-change-as-good-news-for-ad-tech-stocks.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Three reasons why analysts view Google’s delayed cookie change as good news for ad tech stocks</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\">\nThree reasons why analysts view Google’s delayed cookie change as good news for ad tech stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 22:33 GMT+8 <a href=https://www.cnbc.com/2021/06/25/three-reasons-analysts-view-googles-delayed-cookie-change-as-good-news-for-ad-tech-stocks.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Googlesaid Thursday it waspushing backits timeline to kill third-party tracking cookies, sending ad tech stocks flying. Though the change is still slated to happen in 2023, analysts say more time is a...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/three-reasons-analysts-view-googles-delayed-cookie-change-as-good-news-for-ad-tech-stocks.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://www.cnbc.com/2021/06/25/three-reasons-analysts-view-googles-delayed-cookie-change-as-good-news-for-ad-tech-stocks.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100357819","content_text":"Googlesaid Thursday it waspushing backits timeline to kill third-party tracking cookies, sending ad tech stocks flying. Though the change is still slated to happen in 2023, analysts say more time is a positive for players likeThe Trade DeskandCriteo.\nCookies are small pieces of code that websites deliver to a visitor’s browser and stick around as the person visits other sites. They can be used to track users across multiple sites to target ads and see how they perform. Googlesaid last yearit would end support for those cookies in Chrome by early 2022 once it figured out how to address the needs of users, publishers and advertisers and come up with tools to mitigate workarounds. But this week, Googleupdated that timeline, saying in a blog post that it was clear more time was needed.\n“We believe this is ... good news for ad tech stocks, as it removes a near-term overhang, pushing it out by up to two years, with further delays possible,” Macquarie analysts wrote Thursday.\nThe Trade Desk surged 16% Thursday. Magnite closed up 8% Thursday. Criteo jumped to a new 52-week-high Friday, up 1% after closing 12% higher Thursday.\nHere are three ways analysts see the change as a positive for ad tech stocks:\nMore time to diversify revenue away from cookies\nNeedham analysts wrote that the delay impacts the allocation of $400 billion dollars a year globally of digital ad revenue between walled gardens like Google andFacebookand open internet ad tech companies like The Trade Desk or Magnite. They wrote that the delay means cookie-based revenues at those open internet companies will be lesser at the time of the change. Companies like The Trade Desk and Magnite have a growing presence in connected TV, a sector that’s not impacted by the cookie change.\nKeybanc analysts agree the updated timeline gives companies more time to grow in cookie-free channels like CTV.\n“By the time 3P cookies are deprecated, we believe there is a strong likelihood advertisers and AdTech providers will have lower revenue exposures to 3P cookies and face minimal (if any) business disruption,” they wrote.\nTargeting alternatives have more time\nAd tech firms and industry bodies have been working together on other types of solutions for a post-cookie future. Unified ID 2.0,an initiativethat some top ad-tech firms are working on together, would rely on email addresses that are hashed and encrypted from consumers who give their consent. Public companyLiveRampalso has what it callsits “Authenticated Traffic Solution,”which it says involves consumers opting in to gain control of their data, and on the other side, brands and publishers being able to use that data.\nAnalysts said the delay means more time for these alternatives to gain traction.\n“People-based targeting substitutes to Cookies, such as Unified ID 2.0 and ATS, will now have 2 additional years to aggregate consumers and ecosystem partners,” Needham analysts wrote.\nTruist analysts agreed.\n“A delay in cookie deprecation should give TTD and others more time to refine their offering, attract more partners and increase adoption, in our view,” they wrote.\nPotential of more delays\nU.K. antitrust authorities said earlier this year they areinvestigatingwhether the plan to remove third-party cookies from Chrome could hurt online ad competition. The Competition and Markets Authority said it will look into whether Google’s plans could cause advertisers to shift spend to Google’s own tools at the expense of its competitors.\n“Subject to our engagement with the United Kingdom’s Competition and Markets Authority (CMA) and in line with thecommitmentswe have offered, Chrome could then phase out third-party cookies over a three month period, starting in mid-2023 and ending in late 2023,” Google’s post Thursday said.\nBut Needham analysts seem skeptical about that timeline.\n“We believe late 2023 will not be long enough since the UK’s Competition and Markets Authority (CMA) has agreed to oversee and approve any Chrome changes,” they wrote. “Google said its new timeline was in line with this UK settlement agreement, but our view is that 2 years is too fast for governments to accomplish such a large economic transfer of wealth, such as reallocating economics between Walled Gardens and the Open Internet. Since politicians are victims of every group that’s injured in the change, we think this increases the likelihood that it takes longer than 2 years and/or that it never happens.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166866440,"gmtCreate":1624002612380,"gmtModify":1634024290872,"author":{"id":"3569196607026906","authorId":"3569196607026906","name":"DesmondLee","avatar":"https://static.tigerbbs.com/146720d643ee09b0a408a9718d1ede85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569196607026906","idStr":"3569196607026906"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166866440","repostId":"2144287722","repostType":4,"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166866309,"gmtCreate":1624002568501,"gmtModify":1634024291335,"author":{"id":"3569196607026906","authorId":"3569196607026906","name":"DesmondLee","avatar":"https://static.tigerbbs.com/146720d643ee09b0a408a9718d1ede85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569196607026906","idStr":"3569196607026906"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166866309","repostId":"2144226637","repostType":4,"repost":{"id":"2144226637","kind":"news","pubTimestamp":1624001400,"share":"https://www.laohu8.com/m/news/2144226637?lang=&edition=full","pubTime":"2021-06-18 15:30","market":"us","language":"en","title":"Microsoft plans massive China expansion in Asia-wide cloud push","url":"https://stock-news.laohu8.com/highlight/detail?id=2144226637","media":"The Straits Times","summary":"(BLOOMBERG) - Microsoft plans to add four new data centres within China by early 2022 in a wider eff","content":"<div>\n<p>(BLOOMBERG) - Microsoft plans to add four new data centres within China by early 2022 in a wider effort to expand its service capacity across Asia, according to people familiar with its strategy who ...</p>\n\n<a href=\"http://www.straitstimes.com/business/microsoft-plans-massive-china-expansion-in-asia-wide-cloud-push\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft plans massive China expansion in Asia-wide cloud push</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\">\nMicrosoft plans massive China expansion in Asia-wide cloud push\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 15:30 GMT+8 <a href=http://www.straitstimes.com/business/microsoft-plans-massive-china-expansion-in-asia-wide-cloud-push><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Microsoft plans to add four new data centres within China by early 2022 in a wider effort to expand its service capacity across Asia, according to people familiar with its strategy who ...</p>\n\n<a href=\"http://www.straitstimes.com/business/microsoft-plans-massive-china-expansion-in-asia-wide-cloud-push\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","09086":"华夏纳指-U","03086":"华夏纳指"},"source_url":"http://www.straitstimes.com/business/microsoft-plans-massive-china-expansion-in-asia-wide-cloud-push","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144226637","content_text":"(BLOOMBERG) - Microsoft plans to add four new data centres within China by early 2022 in a wider effort to expand its service capacity across Asia, according to people familiar with its strategy who asked not to be named as its details are not public.\nMicrosoft's expansion in China is among the fastest for the company on the continent and in March it announced plans to expand its data centre network with a greater presence in the northern region around Beijing. The Redmond, Washington-based tech giant already has six data centres in the country, operated by local partner 21Vianet, and now seeks to capitalise on a global surge in demand for internet services during the pandemic.\nA Microsoft spokesman declined to comment.\nThe rapid growth is driven by Chinese businesses, slow to digitise in years past, now migrating to the cloud. New regulations, including a sweeping set of data security edicts coming into effect in September, are also prompting domestic and foreign enterprises to shift to local data management and boosting IT spending. The cloud market in China is expected to grow to US$46 billion in 2023, according to a government white paper cited by Microsoft.\nLike Apple, Microsoft is expanding data capabilities within China in concert with a local partner, anticipating a boom in data storage and management needs. But it will be going head to head with Alibaba Group Holding and Huawei Technologies, the two domestic leaders in providing cloud infrastructure.\nMicrosoft can count on the maturity and ubiquity of its cloud services. Its Azure enterprise offering enables customers to host data and run applications in the cloud while Office 365 delivers internet-based versions of its familiar word processing, spreadsheet and collaboration programs. The company said its planned northern China expansion in 2022 would \"effectively double\" its intelligent cloud capacity in the country in the coming years.\nThe Redmond firm's commercial cloud sales in the quarter that ended March 31 rose 33 per cent to US$17.7 billion. In that same period, the company reported US$6 billion in capital expenditures and forecast it will lay out an even larger sum in the current quarter. It does not break out cloud earnings by geography.","news_type":1},"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122474096,"gmtCreate":1624631811115,"gmtModify":1633950278389,"author":{"id":"3569196607026906","authorId":"3569196607026906","name":"DesmondLee","avatar":"https://static.tigerbbs.com/146720d643ee09b0a408a9718d1ede85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569196607026906","idStr":"3569196607026906"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/122474096","repostId":"1179349173","repostType":4,"repost":{"id":"1179349173","kind":"news","pubTimestamp":1624623627,"share":"https://www.laohu8.com/m/news/1179349173?lang=&edition=full","pubTime":"2021-06-25 20:20","market":"us","language":"en","title":"Infrastructure investors like Biden’s deal, even though it’s smaller than hoped. How to trade it","url":"https://stock-news.laohu8.com/highlight/detail?id=1179349173","media":"cnbc","summary":"Theinfrastructure dealis smaller than many wanted, but it will still make a difference, according to","content":"<div>\n<p>Theinfrastructure dealis smaller than many wanted, but it will still make a difference, according to investors in the space.\nPresident Joe Biden said he has reached agreement on a “hard” ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/infrastructure-investors-like-bidens-deal-even-though-its-smaller-than-hoped-how-to-trade-it.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Infrastructure investors like Biden’s deal, even though it’s smaller than hoped. How to trade it</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\">\nInfrastructure investors like Biden’s deal, even though it’s smaller than hoped. How to trade it\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 20:20 GMT+8 <a href=https://www.cnbc.com/2021/06/25/infrastructure-investors-like-bidens-deal-even-though-its-smaller-than-hoped-how-to-trade-it.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Theinfrastructure dealis smaller than many wanted, but it will still make a difference, according to investors in the space.\nPresident Joe Biden said he has reached agreement on a “hard” ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/infrastructure-investors-like-bidens-deal-even-though-its-smaller-than-hoped-how-to-trade-it.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/25/infrastructure-investors-like-bidens-deal-even-though-its-smaller-than-hoped-how-to-trade-it.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1179349173","content_text":"Theinfrastructure dealis smaller than many wanted, but it will still make a difference, according to investors in the space.\nPresident Joe Biden said he has reached agreement on a “hard” infrastructure bill that would involve $579 billion in new investments in road construction, waterways, electric utilities, and broadband internet.\nWhile much smaller than the initial, broader $2.2 trillion American Jobs Plan proposal, investors said it nonetheless represented a significant down payment on rebuilding America’s infrastructure.\n“It’s not really a slimmed-down bill, it’s just more narrow in focus,” Jay Jacobs, head of research and strategies at Global X, who runs theGlobal S Infrastructure ETF (PAVE), a basket of U.S.-based companies that derive the majority of their revenue from infrastructure development. “This is the ‘hard infrastructure’ part of his plan, that part that deals with construction and transportation, and the electric grid. Biden got most of what he wanted in this part of his proposal.”\n(PAVE is up 4% this week, bringing its year-to-date gains to 21%.)\nThe amount agreed upon “Is a large amount of money for this part of the economy,” Jacobs said.\nHow large? Jacobs says that roughly 1.5% of GDP (about $300 billion a year) is spent on public construction each year, so $579 billion (spread out over several years) is more than enough to move the needle.\n“This is going to give a big boost to companies in steel, construction, engineering, and roadbuilding,” he told me, as well as broadband expansion, which is very popular among rural (Republican) constituents.\nWhile most infrastructure stocks are off of their highs, this week has seen significant moves in those stocks:\nWork platforms, cranes:\n\nTerex up 14%\nManitowoc up 9%\n\nEquipment rental:\n\nHerc Holdings up 14%\nUnited Rentals up 10%\n\nConstruction equipment:\n\nDeere up 7%\n\nConstruction services:\n\nSummit Materials up 13%\nMRC Global up 9%\n\nMaterials/metals:\n\nAlcoa up 14%\nCentury Aluminum up 13%\nRyerson Holding up 9%\n\nSteel:\n\nCleveland Cliffs up 8%\nUS Steel up 7%\nAllegheny Technologies up 7%\n\nRoad construction\n\nGranite Construction up 11%\nMartin Marietta up 7%\nVulcan Materials up 7%\n\nEngineering:\n\nDycom Industries up 9%\nAECOM up 7%\nJacobs Engineering up 5%\n\nJacobs noted that engineering firms are particularly well-positioned to benefit from U.S. infrastructure development.\nJacobs Engineering, for example, generates 33% of all revenues from U.S. government contracts, or 44% of U.S. revenues. On its second quarter 2021 earnings call, CEO Steven Demetriou said, ”[A]s far as the U.S. infrastructure stimulus opportunity, I think we’re extremely well positioned with the organic capability we have today.”\nSmart strategy?\nJay Rhame of Reaves Asset Management, which specializes in infrastructure-related industries such as utilities, energy, and communications, said Biden was smart to split the infrastructure proposals from the American Jobs Act into two different pieces, a “hard” and “soft” infrastructure package.\n“This is what Biden ran on, that he can reach across the aisle and make a deal,” he told me. “It wasn’t worth it to hold the hard infrastructure part up over the softer infrastructure issues. Let’s put people back to work, and not get hung up over a debate on things like carbon emissions.”\nOther pieces that could qualify as “infrastructure” are also advancing. The U.S. Innovation and Competition Act passed the Senate two weeks ago, which would provide $252 billion for funding for scientific research, as well as subsidies for chipmakers and robot makers in an effort to compete with China.\nThe next part — the so-called “soft infrastructure” segment — will address clean tech, elderly care, money for schools and hospitals. That will be far more controversial, and may be the part Democrats will attempt to push through using the reconciliation process.\n“That will be the next big fight,” Rhame said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166865376,"gmtCreate":1624002688895,"gmtModify":1634024289748,"author":{"id":"3569196607026906","authorId":"3569196607026906","name":"DesmondLee","avatar":"https://static.tigerbbs.com/146720d643ee09b0a408a9718d1ede85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569196607026906","idStr":"3569196607026906"},"themes":[],"htmlText":"Nice✌️","listText":"Nice✌️","text":"Nice✌️","images":[{"img":"https://static.tigerbbs.com/dc07a00a18c5447f01ac23870ee81093","width":"1125","height":"2284"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166865376","isVote":1,"tweetType":1,"viewCount":481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":168597861,"gmtCreate":1623978188953,"gmtModify":1634024908397,"author":{"id":"3569196607026906","authorId":"3569196607026906","name":"DesmondLee","avatar":"https://static.tigerbbs.com/146720d643ee09b0a408a9718d1ede85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569196607026906","idStr":"3569196607026906"},"themes":[],"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/168597861","repostId":"2144474967","repostType":4,"isVote":1,"tweetType":1,"viewCount":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
