ahchai的个人主页 - 老虎社区

ahchai

暂无个人介绍

IP属地：未知

7关注

1粉丝

1主题

0勋章

2021-06-21

Good

Nvidia Is A Real Threat, But AMD Has Proven Its Mettle

2021-06-21

Nice!

Cathie Wood Inspires Boom in New Funds That Upend ETF Order

2021-06-21

Nice

Goldman believes these quality stocks are cheap

2021-06-21

Hm

抱歉，原内容已删除

2021-06-17

Lik

抱歉，原内容已删除

2021-06-17

O

抱歉，原内容已删除

2021-06-17

Nice

Wall Street closes lower as Fed officials project rate hikes for 2023

2021-06-16

Nice

Nintendo Says Next Zelda Game Will Be Released Next Year

2021-06-16

.

LIVE MARKETS-Ralph Lauren links pay for execs to ESG

2021-06-16

Nice

Wall Street ends down as data spooks investors awaiting Fed report

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3571550779586853","uuid":"3571550779586853","gmtCreate":1608456756071,"gmtModify":1608456756071,"name":"ahchai","pinyin":"ahchai","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":1,"headSize":7,"tweetSize":10,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":1,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-2","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"资深虎友","description":"加入老虎社区1000天","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.09.18","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.80%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":167283471,"gmtCreate":1624270629293,"gmtModify":1631889812131,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"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/167283471","repostId":"1135743520","repostType":4,"repost":{"id":"1135743520","pubTimestamp":1624268918,"share":"https://www.laohu8.com/m/news/1135743520?lang=&edition=full","pubTime":"2021-06-21 17:48","market":"us","language":"en","title":"Nvidia Is A Real Threat, But AMD Has Proven Its Mettle","url":"https://stock-news.laohu8.com/highlight/detail?id=1135743520","media":"seekingalpha","summary":"Summary\n\nAMD has outmaneuvered Intel despite having a much smaller R&D budget and looks to continue ","content":"<p><b>Summary</b></p>\n<ul>\n <li>AMD has outmaneuvered Intel despite having a much smaller R&amp;D budget and looks to continue its superiority.</li>\n <li>NVDA is AMD’s true challenger with its foray into Arm-based architecture CPU that’s expected to provide huge revenue growth in the enterprise server market.</li>\n <li>With NVDA’s dominance in data center GPU and its impending CPU’s entry, the Xilinx acquisition through its FPGA’s leadership may prove to be the silver lining.</li>\n</ul>\n<p><b>Shrugging off Intel Yet Again</b></p>\n<p>This excellent recent technical piece byTom's Hardwaresummed up Advanced Micro Devices' (AMD) superior technological edge over Intel (INTC) in numerous key areas such that INTC investors may be left wondering whether the company will ever resume the lead again? AMD clearly outperformed INTC in multiple categories and offers its users the best \"performance-per-dollar\" experience that investors may be forgiven to think that AMD is actually the outright market share leader right now.</p>\n<p>In addition, INTC's comfort zone in integrated graphics card in the retail market will be facing competition from AMD soon when it launches theCezanne Ryzen 5000 APUs in Augustthat will mark the company's first integrated APU foray targeting the retail Desktop PC market to further extend AMD's lead in the categories that it has been dominating lately below:</p>\n<ul>\n <li>Gaming performance: Tie in mass market. AMD's lead in the high end segment.</li>\n <li>Productivity and Content Creation Performance (Non-gaming): AMD is the clear winner.</li>\n <li>Processor specifications and features: AMD is the clear winner.</li>\n <li>Overclocking potential: INTC is the clear winner.</li>\n <li>Power consumption and heat: AMD is the clear winner.</li>\n <li>Lithography: AMD is the clear winner.</li>\n <li>CPU drivers and software: INTC is the clear winner.</li>\n <li>CPU Architecture: AMD is the clear winner.</li>\n <li>CPU Security: AMD is the clear winner.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/f047f08c397e194e78cab2a740fc0d21\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\">Market share of AMD x86 CPUs worldwide. Data source:Tom's Hardware, Mercury Research</p>\n<p>Therefore, it should not be surprising that INTC owned 79.3% of the x86 CPU market in Q1'21, down from a high of 89.4% in Q3'18. INTC has lost over 10% points of its market share in less than 3 years as AMD's technical superiority over INTC and its astute R&amp;D focus is likely to push AMD forward to further slice up INTC's CPU dominance.</p>\n<p><img src=\"https://static.tigerbbs.com/414a266ab3ac4d1464ea991496ec45eb\" tg-width=\"1280\" tg-height=\"747\" referrerpolicy=\"no-referrer\"></p>\n<p>INTC and AMD R&amp;D. Data source: S&amp;P Capital IQ</p>\n<p>What's even more surprising for INTC's technological blunders is that the company spent a huge amount of its revenue on R&amp;D (INTC LTM R&amp;D: $15.12B), with a budget that is 7x of what AMD (AMD LTM R&amp;D: $2.15B) spent. Moreover, AMD has been\"very disciplined\"with its R&amp;D spending as we could see LTM R&amp;D margin going down as a percentage of revenue from 24% in Q1'19 to 18.8% in Q1'21, and all this while gaining market share against INTC.</p>\n<p>Against this backdrop, INTC's R&amp;D margin has remained consistent as it continued to spend between 19.5% and 20.7% of its revenue over the same period. This goes to show that the folks over at AMD have really attained a very high level of R&amp;D proficiency, coupled with the much smaller R&amp;D budget as compared to what INTC had. AMD has demonstrated that the size of R&amp;D budgets alone may not necessarily win the game in this highly competitive industry. It's where and how you invest the budget that counted the most, and AMD surely had their R&amp;D investments all in the right areas.</p>\n<p><b>The Real Challenger is Nvidia</b></p>\n<p><img src=\"https://static.tigerbbs.com/09d511b3edfc99061c935f9269fbfc99\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\"></p>\n<p>AMD and Nvidia (NVDA) discrete GPU [dGPU] shipment share. Data source: Jon Peddie Research</p>\n<p>While AMD seemed to have a relatively easy time in the CPU market against INTC, the same cannot be said in the dGPU accelerator market against the clear leader: NVDA. In fact, NVDA has further consolidated its lead in this market from its 72% shipment share in Q1'19 to 81% in Q1'21, further weakening AMD's grip in this segment.</p>\n<p>In addition, with NVDA's pending ARM acquisition (the company is expecting to close the deal in early 2022) and itsGrace Arm-based data center CPUfor AI and high-performance computing [HPC] in early 2023, NVDA has made it clear that it intended to further extend its TAM by also crossing over to INTC's and AMD's customary stronghold.</p>\n<p><img src=\"https://static.tigerbbs.com/2dd02b6f4c410982840bf2fa3a4eae39\" tg-width=\"932\" tg-height=\"576\" referrerpolicy=\"no-referrer\"></p>\n<p>Revenue from AI-driven hardware market. Data source: Tractica</p>\n<p>By referring to the chart above, investors should be able to observe clearly how crossing over to the CPU market would further extend its TAM for NVDA as that market (CPU, ASIC, FPGA, SoC) is expected to drive the largest sources of revenue which is expected to be more than 3x the data center GPU accelerator market that NVDA already owns a90% share in.</p>\n<p>AMD has also consolidated its position in this market on the pending closure of its Xilinx (XLNX) acquisition by the end of 2021. As this acquisition would provide the company the market leadership in FPGA, which have been discussedwidelyin thetech communityon whether it's better than GPU accelerators for AI. I find that the FPGA leadership would add another important element to defend AMD against NVDA's impending entry into the CPU segment, which if executed well could still represent a formidable challenge against NVDA in the growing AI-driven hardware market which is expected to grow rapidly.</p>\n<p>Therefore, the jury is still out on whether NVDA's foray into the data center CPU market would take significant market share away from AMD. However, one thing for sure, NVDA is going to likely be using its own Arm-based Grace CPUs in the future, and AMD may thus lose this share of revenue from NVDA. It's still too early to determine the likely revenue impact as AMD may likely offset it from other revenue streams, even if it does not partake in NVDA's GPU-driven growth in the future by supplying them with its CPUs.</p>\n<p>What's more of a concern though is whether NVDA's Arm-based CPU would become the future leader that may render AMD's and INTC's x86-based CPUs less relevant. In addition, the competition does not just come from the processor itself as NVDA has the CUDA X SDK that offers a clear competitiveadvantage over AMD's Rocmthrough its strong and growing community of developers.</p>\n<p><img src=\"https://static.tigerbbs.com/2225e1fd5cb9b8edef925d2c35634a7a\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\"></p>\n<p>Performance of Armed-based processors vs x86. Data source: Wikibon</p>\n<p>In the above study, we could see clearly that for matrix workloads that typically require large amounts of data to be processed, the performance of Arm-based processors was found to be 50x better than x86 architecture, while for traditional workloads, x86 had the slight edge. Therefore, for deep-learning, machine learning and AI-driven workloads, it seems that NVDA's Grace CPU may have a strong fighting chance of taking away market share from AMD and INTC, if we assume that both companies do not assimilate Arm architecture into its future design.</p>\n<p>This may also be further complicated if NVDA is able to successfully complete the Arm acquisition, ramifications of which are currently unknown, even though the tech behemoths have already made their objections to NVDA's acquisition, in the view that theymay not be grantedthe same level of access after the acquisition.</p>\n<p><img src=\"https://static.tigerbbs.com/ba5c29e58a9f0b09f93028057773e2b9\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\"></p>\n<p>Arm-based enterprise server processor revenue projections. Data source: Wikibon</p>\n<p>Furthermore, the revenue for Arm-based enterprise server is expected to grow rapidly from just $4.1B in 2019 to $82B by 2030, which would represent a phenomenal CAGR of 31.3%.</p>\n<p>A silver lining here is that AMD has clarified multiple times that it has the right capability to work with Arm's architecture if necessary:</p>\n<blockquote>\n So look, we know the ARM architecture well. Certainly, our engineers know it well. And we consider ARM a partner in many respects. We use ARM IP in various aspects of our devices. In terms of that specific custom ARM design, we don't have that in plans right now. In terms of whether we would do custom ARM designs, I think the answer is yes. That's the whole idea of the semi-custom business. And so I think it's less about ARM versus x86 and much more about having the right IP in the right sort of combination to satisfy sort of the customer solutions.\n</blockquote>\n<p>One key aspect here is that AMD currently doesn't have any Arm-based design while NVDA will be launching its Grace CPUs in a little less than two years. While NVDA's entry with its Arm-based CPU is beginning soon, I believe AMD will be watching the developments very closely, and I expect the company to act decisively if it deems that an Arm-based product is absolutely necessary. The company has demonstrated the size of the R&amp;D budget doesn't really matter, and taking on a much bigger rival like INTC is not something that it's new to. Therefore, investors shouldn't think AMD will be out of the game so early on.</p>\n<p>Therefore, I believe that AMD and NVDA both represent great opportunities for investors to consider, and they should both act as a hedge against the other. As a result, owning both of these stocks should allow investors to participate in two marvelous companies that should be able to provide superior long term returns from their growth drivers.</p>\n<p><b>Price Action and Technical Analysis</b></p>\n<p><img src=\"https://static.tigerbbs.com/49cdf4023521b868dfd7acfd937eff64\" tg-width=\"1280\" tg-height=\"784\" referrerpolicy=\"no-referrer\"></p>\n<p>Source: TradingView</p>\n<p>AMD's strong long-term uptrend bias should offer investors a lot of confidence in what the market thinks of the company. The 50W MA has often acted as a strong support for a while now and offers investors an amazing opportunity to add more positions whenever the price retraced to the 50W, as recently as May, along the support level of $71.6. Therefore investors should find a possible entry point if the price retraces to that level in future.</p>\n<p>One caveat though is the flush-up in price that we observed in July 20 where in price action parlance, we usually refer to such a flush-up as bearish in nature (signifying possible bull trap price action). Therefore, the support level at $49 remains in play if this bull trap bearish signal should play out in the future. However, investors should use the $49 level as a point where they should add even more positions to this long term leader.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>AMD has demonstrated clearly that it could maintain a superior technological edge over its much larger CPU rival: INTC despite having a much smaller R&amp;D budget, which is indicative of its superior technological know-how and its high R&amp;D efficiencies. Investors in AMD should be assured of the company's bright prospects ahead.</p>","source":"seekingalpha","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>Nvidia Is A Real Threat, But AMD Has Proven Its Mettle</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\">\nNvidia Is A Real Threat, But AMD Has Proven Its Mettle\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 17:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435634-nvidia-real-threat-amd-proven-mettle><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAMD has outmaneuvered Intel despite having a much smaller R&D budget and looks to continue its superiority.\nNVDA is AMD’s true challenger with its foray into Arm-based architecture CPU that’s...</p>\n\n<a href=\"https://seekingalpha.com/article/4435634-nvidia-real-threat-amd-proven-mettle\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4435634-nvidia-real-threat-amd-proven-mettle","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1135743520","content_text":"Summary\n\nAMD has outmaneuvered Intel despite having a much smaller R&D budget and looks to continue its superiority.\nNVDA is AMD’s true challenger with its foray into Arm-based architecture CPU that’s expected to provide huge revenue growth in the enterprise server market.\nWith NVDA’s dominance in data center GPU and its impending CPU’s entry, the Xilinx acquisition through its FPGA’s leadership may prove to be the silver lining.\n\nShrugging off Intel Yet Again\nThis excellent recent technical piece byTom's Hardwaresummed up Advanced Micro Devices' (AMD) superior technological edge over Intel (INTC) in numerous key areas such that INTC investors may be left wondering whether the company will ever resume the lead again? AMD clearly outperformed INTC in multiple categories and offers its users the best \"performance-per-dollar\" experience that investors may be forgiven to think that AMD is actually the outright market share leader right now.\nIn addition, INTC's comfort zone in integrated graphics card in the retail market will be facing competition from AMD soon when it launches theCezanne Ryzen 5000 APUs in Augustthat will mark the company's first integrated APU foray targeting the retail Desktop PC market to further extend AMD's lead in the categories that it has been dominating lately below:\n\nGaming performance: Tie in mass market. AMD's lead in the high end segment.\nProductivity and Content Creation Performance (Non-gaming): AMD is the clear winner.\nProcessor specifications and features: AMD is the clear winner.\nOverclocking potential: INTC is the clear winner.\nPower consumption and heat: AMD is the clear winner.\nLithography: AMD is the clear winner.\nCPU drivers and software: INTC is the clear winner.\nCPU Architecture: AMD is the clear winner.\nCPU Security: AMD is the clear winner.\n\nMarket share of AMD x86 CPUs worldwide. Data source:Tom's Hardware, Mercury Research\nTherefore, it should not be surprising that INTC owned 79.3% of the x86 CPU market in Q1'21, down from a high of 89.4% in Q3'18. INTC has lost over 10% points of its market share in less than 3 years as AMD's technical superiority over INTC and its astute R&D focus is likely to push AMD forward to further slice up INTC's CPU dominance.\n\nINTC and AMD R&D. Data source: S&P Capital IQ\nWhat's even more surprising for INTC's technological blunders is that the company spent a huge amount of its revenue on R&D (INTC LTM R&D: $15.12B), with a budget that is 7x of what AMD (AMD LTM R&D: $2.15B) spent. Moreover, AMD has been\"very disciplined\"with its R&D spending as we could see LTM R&D margin going down as a percentage of revenue from 24% in Q1'19 to 18.8% in Q1'21, and all this while gaining market share against INTC.\nAgainst this backdrop, INTC's R&D margin has remained consistent as it continued to spend between 19.5% and 20.7% of its revenue over the same period. This goes to show that the folks over at AMD have really attained a very high level of R&D proficiency, coupled with the much smaller R&D budget as compared to what INTC had. AMD has demonstrated that the size of R&D budgets alone may not necessarily win the game in this highly competitive industry. It's where and how you invest the budget that counted the most, and AMD surely had their R&D investments all in the right areas.\nThe Real Challenger is Nvidia\n\nAMD and Nvidia (NVDA) discrete GPU [dGPU] shipment share. Data source: Jon Peddie Research\nWhile AMD seemed to have a relatively easy time in the CPU market against INTC, the same cannot be said in the dGPU accelerator market against the clear leader: NVDA. In fact, NVDA has further consolidated its lead in this market from its 72% shipment share in Q1'19 to 81% in Q1'21, further weakening AMD's grip in this segment.\nIn addition, with NVDA's pending ARM acquisition (the company is expecting to close the deal in early 2022) and itsGrace Arm-based data center CPUfor AI and high-performance computing [HPC] in early 2023, NVDA has made it clear that it intended to further extend its TAM by also crossing over to INTC's and AMD's customary stronghold.\n\nRevenue from AI-driven hardware market. Data source: Tractica\nBy referring to the chart above, investors should be able to observe clearly how crossing over to the CPU market would further extend its TAM for NVDA as that market (CPU, ASIC, FPGA, SoC) is expected to drive the largest sources of revenue which is expected to be more than 3x the data center GPU accelerator market that NVDA already owns a90% share in.\nAMD has also consolidated its position in this market on the pending closure of its Xilinx (XLNX) acquisition by the end of 2021. As this acquisition would provide the company the market leadership in FPGA, which have been discussedwidelyin thetech communityon whether it's better than GPU accelerators for AI. I find that the FPGA leadership would add another important element to defend AMD against NVDA's impending entry into the CPU segment, which if executed well could still represent a formidable challenge against NVDA in the growing AI-driven hardware market which is expected to grow rapidly.\nTherefore, the jury is still out on whether NVDA's foray into the data center CPU market would take significant market share away from AMD. However, one thing for sure, NVDA is going to likely be using its own Arm-based Grace CPUs in the future, and AMD may thus lose this share of revenue from NVDA. It's still too early to determine the likely revenue impact as AMD may likely offset it from other revenue streams, even if it does not partake in NVDA's GPU-driven growth in the future by supplying them with its CPUs.\nWhat's more of a concern though is whether NVDA's Arm-based CPU would become the future leader that may render AMD's and INTC's x86-based CPUs less relevant. In addition, the competition does not just come from the processor itself as NVDA has the CUDA X SDK that offers a clear competitiveadvantage over AMD's Rocmthrough its strong and growing community of developers.\n\nPerformance of Armed-based processors vs x86. Data source: Wikibon\nIn the above study, we could see clearly that for matrix workloads that typically require large amounts of data to be processed, the performance of Arm-based processors was found to be 50x better than x86 architecture, while for traditional workloads, x86 had the slight edge. Therefore, for deep-learning, machine learning and AI-driven workloads, it seems that NVDA's Grace CPU may have a strong fighting chance of taking away market share from AMD and INTC, if we assume that both companies do not assimilate Arm architecture into its future design.\nThis may also be further complicated if NVDA is able to successfully complete the Arm acquisition, ramifications of which are currently unknown, even though the tech behemoths have already made their objections to NVDA's acquisition, in the view that theymay not be grantedthe same level of access after the acquisition.\n\nArm-based enterprise server processor revenue projections. Data source: Wikibon\nFurthermore, the revenue for Arm-based enterprise server is expected to grow rapidly from just $4.1B in 2019 to $82B by 2030, which would represent a phenomenal CAGR of 31.3%.\nA silver lining here is that AMD has clarified multiple times that it has the right capability to work with Arm's architecture if necessary:\n\n So look, we know the ARM architecture well. Certainly, our engineers know it well. And we consider ARM a partner in many respects. We use ARM IP in various aspects of our devices. In terms of that specific custom ARM design, we don't have that in plans right now. In terms of whether we would do custom ARM designs, I think the answer is yes. That's the whole idea of the semi-custom business. And so I think it's less about ARM versus x86 and much more about having the right IP in the right sort of combination to satisfy sort of the customer solutions.\n\nOne key aspect here is that AMD currently doesn't have any Arm-based design while NVDA will be launching its Grace CPUs in a little less than two years. While NVDA's entry with its Arm-based CPU is beginning soon, I believe AMD will be watching the developments very closely, and I expect the company to act decisively if it deems that an Arm-based product is absolutely necessary. The company has demonstrated the size of the R&D budget doesn't really matter, and taking on a much bigger rival like INTC is not something that it's new to. Therefore, investors shouldn't think AMD will be out of the game so early on.\nTherefore, I believe that AMD and NVDA both represent great opportunities for investors to consider, and they should both act as a hedge against the other. As a result, owning both of these stocks should allow investors to participate in two marvelous companies that should be able to provide superior long term returns from their growth drivers.\nPrice Action and Technical Analysis\n\nSource: TradingView\nAMD's strong long-term uptrend bias should offer investors a lot of confidence in what the market thinks of the company. The 50W MA has often acted as a strong support for a while now and offers investors an amazing opportunity to add more positions whenever the price retraced to the 50W, as recently as May, along the support level of $71.6. Therefore investors should find a possible entry point if the price retraces to that level in future.\nOne caveat though is the flush-up in price that we observed in July 20 where in price action parlance, we usually refer to such a flush-up as bearish in nature (signifying possible bull trap price action). Therefore, the support level at $49 remains in play if this bull trap bearish signal should play out in the future. However, investors should use the $49 level as a point where they should add even more positions to this long term leader.\nWrapping It All Up\nAMD has demonstrated clearly that it could maintain a superior technological edge over its much larger CPU rival: INTC despite having a much smaller R&D budget, which is indicative of its superior technological know-how and its high R&D efficiencies. Investors in AMD should be assured of the company's bright prospects ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167283648,"gmtCreate":1624270616984,"gmtModify":1631889812132,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"Nice!&nbsp;","listText":"Nice!&nbsp;","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167283648","repostId":"1149447128","repostType":4,"repost":{"id":"1149447128","pubTimestamp":1624269214,"share":"https://www.laohu8.com/m/news/1149447128?lang=&edition=full","pubTime":"2021-06-21 17:53","market":"us","language":"en","title":"Cathie Wood Inspires Boom in New Funds That Upend ETF Order","url":"https://stock-news.laohu8.com/highlight/detail?id=1149447128","media":"Bloomberg","summary":"(Bloomberg) -- Not so long ago, actively managed ETFs were rare. Now they’re being created at twice ","content":"<p>(Bloomberg) -- Not so long ago, actively managed ETFs were rare. Now they’re being created at twice the rate of their passive rivals.</p>\n<p><img src=\"https://static.tigerbbs.com/75b983206c1659db2a1178ae685bc1dc\" tg-width=\"704\" tg-height=\"413\" referrerpolicy=\"no-referrer\"></p>\n<p>Inspired by the success of Cathie Wood’s ARK Innovation ETF (ticker ARKK), exchange-traded fund issuers have this year launched 115 active products versus just 51 passive funds, according to data compiled by Bloomberg.</p>\n<p>That’s the first time active launches have ever outstripped passive, and it’s powering the $6.5 trillion ETF market toward its busiest 12 months on record.</p>\n<p>It’s a comeback of sorts for stock pickers, and in an unlikely corner of Wall Street. Most active managers fail to beat their benchmarks net of fees -- a fact that has seen passive ETFs lure roughly $3 trillion over the past decade, while active funds gained only about $200 billion.</p>\n<p>But a combination of new rules and the enduring popularity of ETFs with investors means a slow but major shift is underway.</p>\n<p>“It’s almost impossible to start a small to medium hedge fund as a single manager,” said Nathan Miller, portfolio manager for New York-based Emles Advisors. “So we thought why go launch another hedge fund? Let’s launch an actively managed ETF.”</p>\n<p>The Emles Alpha Opportunities ETF (EOPS), which packages fast-money strategies in an exchange-traded wrapper, is one of the more recent active arrivals. It listed less than two weeks ago and already has about $66 million in assets.</p>\n<p>Major rule changes in late 2019 paved the way for funds like EOPS. It became easier to deploy stock-picking strategies in an ETF, and new structures evolved that would help keep exact investment strategies hidden.</p>\n<p>Active funds remain a small slice of the industry, and their assets make up just 3.4% of the overall ETF market. But that’s up from 2.7% a year ago. And in a sign the trend could continue, several large Wall Street firms who long held-out against ETFs are now embracing them.</p>\n<p><b>Thematic Boom</b></p>\n<p>Firms are also ramping up their thematic offerings, which invest according to compelling narratives like autonomous driving or sports betting.</p>\n<p>A record 22 thematic funds have launched since the start of the year, including Wood’s $619 million ARK Space Exploration ETF (ARKX) and BlackRock Inc.’s $1.4 billion U.S. Carbon Transition Readiness ETF (LCTU), which set a record in April with the industry’s biggest-ever launch.</p>\n<p>Roundhill Investments’ MVP ETF, which is focused on companies that own or support professional sports teams, Defiance’s Hotel Airline and Cruise ETF (CRUZ) and Bitwise Asset Management’s Crypto Industry Innovators ETF (BITQ) were among other thematic debuts.</p>\n<p><img src=\"https://static.tigerbbs.com/1ba7e61196a86a23b598ee23fa4d859a\" tg-width=\"705\" tg-height=\"398\" referrerpolicy=\"no-referrer\"></p>\n<p>For many, the aim is to tap the boom in retail investing that has seen individuals grow to comprise more than 20% of equity trading participation, according to Bloomberg Intelligence.</p>\n<p>“That’s really been a catalyst to help get some of these thematic ETFs off the ground quickly,” said Ben Slavin, head of ETFs for BNY Mellon Asset Servicing.</p>\n<p>Although not technically classified as a thematic fund, the retail-friendly VanEck Vectors Social Sentiment ETF (BUZZ) made waves earlier this year when it launched with an endorsement from Barstool Sports Inc. founder Dave Portnoy.</p>\n<p>The fund posted one of the best debuts in the industry’s history in March and currently has more than $243 million in assets.</p>\n<p><b>Hanging On</b></p>\n<p>As the new-arrival count surges, the number of exiting funds has plunged.</p>\n<p>So far this year, only 19 ETFs have liquidated or delisted, according to data compiled by Bloomberg. That compares with 104 in the first half of 2020, and 79 during the same period in 2019.</p>\n<p>Much of that endurance can be attributed to the bull market. Stocks have been repeatedly breaking records and cash has been flowing readily through the market. About 67% of U.S.-listed ETFs have taken in cash so far in 2021, according to Bloomberg Intelligence -- meaning issuers are less likely to pull the plug.</p>\n<p>“There’s generally increased optimism as we come out of the pandemic, and people are more excited and feeling more optimistic about their business development,” said Amrita Nandakumar, president of Vident Investment Advisory. “Fundraising is easier in a bull market.”</p>\n<p><img src=\"https://static.tigerbbs.com/64280781905ddf7c1ea631049965afd0\" tg-width=\"705\" tg-height=\"398\"></p>","source":"lsy1584095487587","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>Cathie Wood Inspires Boom in New Funds That Upend ETF Order</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\">\nCathie Wood Inspires Boom in New Funds That Upend ETF Order\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 17:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/passive-investing-world-turned-upside-120000358.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Not so long ago, actively managed ETFs were rare. Now they’re being created at twice the rate of their passive rivals.\n\nInspired by the success of Cathie Wood’s ARK Innovation ETF (...</p>\n\n<a href=\"https://finance.yahoo.com/news/passive-investing-world-turned-upside-120000358.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/passive-investing-world-turned-upside-120000358.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149447128","content_text":"(Bloomberg) -- Not so long ago, actively managed ETFs were rare. Now they’re being created at twice the rate of their passive rivals.\n\nInspired by the success of Cathie Wood’s ARK Innovation ETF (ticker ARKK), exchange-traded fund issuers have this year launched 115 active products versus just 51 passive funds, according to data compiled by Bloomberg.\nThat’s the first time active launches have ever outstripped passive, and it’s powering the $6.5 trillion ETF market toward its busiest 12 months on record.\nIt’s a comeback of sorts for stock pickers, and in an unlikely corner of Wall Street. Most active managers fail to beat their benchmarks net of fees -- a fact that has seen passive ETFs lure roughly $3 trillion over the past decade, while active funds gained only about $200 billion.\nBut a combination of new rules and the enduring popularity of ETFs with investors means a slow but major shift is underway.\n“It’s almost impossible to start a small to medium hedge fund as a single manager,” said Nathan Miller, portfolio manager for New York-based Emles Advisors. “So we thought why go launch another hedge fund? Let’s launch an actively managed ETF.”\nThe Emles Alpha Opportunities ETF (EOPS), which packages fast-money strategies in an exchange-traded wrapper, is one of the more recent active arrivals. It listed less than two weeks ago and already has about $66 million in assets.\nMajor rule changes in late 2019 paved the way for funds like EOPS. It became easier to deploy stock-picking strategies in an ETF, and new structures evolved that would help keep exact investment strategies hidden.\nActive funds remain a small slice of the industry, and their assets make up just 3.4% of the overall ETF market. But that’s up from 2.7% a year ago. And in a sign the trend could continue, several large Wall Street firms who long held-out against ETFs are now embracing them.\nThematic Boom\nFirms are also ramping up their thematic offerings, which invest according to compelling narratives like autonomous driving or sports betting.\nA record 22 thematic funds have launched since the start of the year, including Wood’s $619 million ARK Space Exploration ETF (ARKX) and BlackRock Inc.’s $1.4 billion U.S. Carbon Transition Readiness ETF (LCTU), which set a record in April with the industry’s biggest-ever launch.\nRoundhill Investments’ MVP ETF, which is focused on companies that own or support professional sports teams, Defiance’s Hotel Airline and Cruise ETF (CRUZ) and Bitwise Asset Management’s Crypto Industry Innovators ETF (BITQ) were among other thematic debuts.\n\nFor many, the aim is to tap the boom in retail investing that has seen individuals grow to comprise more than 20% of equity trading participation, according to Bloomberg Intelligence.\n“That’s really been a catalyst to help get some of these thematic ETFs off the ground quickly,” said Ben Slavin, head of ETFs for BNY Mellon Asset Servicing.\nAlthough not technically classified as a thematic fund, the retail-friendly VanEck Vectors Social Sentiment ETF (BUZZ) made waves earlier this year when it launched with an endorsement from Barstool Sports Inc. founder Dave Portnoy.\nThe fund posted one of the best debuts in the industry’s history in March and currently has more than $243 million in assets.\nHanging On\nAs the new-arrival count surges, the number of exiting funds has plunged.\nSo far this year, only 19 ETFs have liquidated or delisted, according to data compiled by Bloomberg. That compares with 104 in the first half of 2020, and 79 during the same period in 2019.\nMuch of that endurance can be attributed to the bull market. Stocks have been repeatedly breaking records and cash has been flowing readily through the market. About 67% of U.S.-listed ETFs have taken in cash so far in 2021, according to Bloomberg Intelligence -- meaning issuers are less likely to pull the plug.\n“There’s generally increased optimism as we come out of the pandemic, and people are more excited and feeling more optimistic about their business development,” said Amrita Nandakumar, president of Vident Investment Advisory. “Fundraising is easier in a bull market.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167283382,"gmtCreate":1624270588546,"gmtModify":1631889812137,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167283382","repostId":"1169140387","repostType":4,"repost":{"id":"1169140387","pubTimestamp":1624270145,"share":"https://www.laohu8.com/m/news/1169140387?lang=&edition=full","pubTime":"2021-06-21 18:09","market":"us","language":"en","title":"Goldman believes these quality stocks are cheap","url":"https://stock-news.laohu8.com/highlight/detail?id=1169140387","media":"CNBC","summary":"The value vs. growth debate has dominated investor attention this year, but the best route may just ","content":"<div>\n<p>The value vs. growth debate has dominated investor attention this year, but the best route may just be to find quality companies selling at a relative discount, according to Goldman Sachs.\nThe Wall ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/20/goldman-believes-these-quality-stocks-are-cheap.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>Goldman believes these quality stocks are cheap</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\">\nGoldman believes these quality stocks are cheap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 18:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/20/goldman-believes-these-quality-stocks-are-cheap.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The value vs. growth debate has dominated investor attention this year, but the best route may just be to find quality companies selling at a relative discount, according to Goldman Sachs.\nThe Wall ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/20/goldman-believes-these-quality-stocks-are-cheap.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SAM":"波斯顿啤酒","DRI":"达登饭店","AMD":"美国超微公司","CTSH":"高知特","LOW":"劳氏","DE":"迪尔股份有限公司","CSCO":"思科","PG":"宝洁","PM":"菲利普莫里斯","KBR":"KBR科技"},"source_url":"https://www.cnbc.com/2021/06/20/goldman-believes-these-quality-stocks-are-cheap.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1169140387","content_text":"The value vs. growth debate has dominated investor attention this year, but the best route may just be to find quality companies selling at a relative discount, according to Goldman Sachs.\nThe Wall Street firm said valuations are now in-line with historical averages, signaling investors should be even more selective when looking for opportunities within quality stocks.\n“Against this backdrop we look for stocks with quality characteristics that still trade at a discount/attractive multiples,” Deep Mehta, a vice president at Goldman, told clients. “While there are many ways to define quality, we believe a track record of strong asset productivity and financial returns as well as cash generation are important indicators.”\nGoldman screened for two different types of quality stocks that are cheap in the current climate. The first list of stocks are equities with a combination of strong productivity and efficacy of spending. The second screen are stocks that center around earnings quality, measured by consistent free cash flow.\nGoldman then added a valuation overlay to both these screens. Take a look at the lists of stocks here.\nAsset productivity\nThis list of stocks are buy-rated names that offer a combination of strong and improving gross profitability, solid cash returns on cash invested and fair valuations.\n“We look for companies that despite the pandemic-related headwinds, maintained their Gross Profits/Total Assets in the top half of their respective sectors (Quartile 1 or 2) throughout 2019-2022E, and are set to expand/stay stable in 2022E vs. 2019 on our analysts’ estimates,” said Mehta.\nAll the listed stocks have improving gross profit as a percent of total assets, improving cash return on capital invested and attractive valuations compared to history.\n\nDeere & Co.,Lowe’s,Advanced Micro Devices,Boston Beer and Procter & Gamble all make Goldman’s first quality screen.\n“New ag equipment share of capex is in the early stages of recovering off trough following a sharp destock in used ag equipment inventory,” said Goldman equity analyst Jerry Revich.\nGoldman equity analyst Kate McShane said she is looking for Lowe’s’ margins to expand as the company manages costs and increases productivity.\n“Traffic and ticket growth have been consistently strong throughout the pandemic and continued successful initiatives with the ‘Pro’ customers should increase the likelihood of market share gains,” said McShane.\nImproving free cash flow\nThe next screen includes stocks that have a good track record of free cash flow conversion, plus attractive and growing free cash flow yields, said Goldman.\n“We view companies with the ability to convert accounting net earnings into Free Cash Flow (FCF) cash as well positioned. While investors typically look to net income to gauge a company’s profitability, it is ultimately FCF generation, that underpins an effective capital allocation policy in our view,” said Mehta.\nAll the buy-rated stocks also have free cash flow yield above 5%, that is expected to improve year-over-year.\n\nKBR Inc, Cognizant Technology Solutions, Philip Morris International, Cisco Systems and Darden Restaurants all made Goldman’s free cash flow screen.\n“Strong growth trajectory ahead from rising global hydrogen infrastructure investment and favorable capital deployment,” Goldman equity analyst Jerry Revich told clients about KBR. “Management’s $4-6 EPS target for 2025 seems achievable with strong organic growth in government solutions and a solid booking run-way across Advisory, Ammonia and catalyst.”\nGoldman analyst Matthew O’Neill said Cognizant’s strong balance sheet strength and robust free cash flow generation is also likely to provide capacity to supplement growth with M&A.","news_type":1},"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167289778,"gmtCreate":1624270561594,"gmtModify":1631889812138,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"Hm","listText":"Hm","text":"Hm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167289778","repostId":"1154249454","repostType":4,"isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161073916,"gmtCreate":1623898364635,"gmtModify":1631889812145,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"Lik&nbsp;","listText":"Lik&nbsp;","text":"Lik","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/161073916","repostId":"1125930700","repostType":4,"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161079207,"gmtCreate":1623898342209,"gmtModify":1631889812148,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/161079207","repostId":"2144719188","repostType":4,"isVote":1,"tweetType":1,"viewCount":373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161079356,"gmtCreate":1623898322575,"gmtModify":1631889812151,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/161079356","repostId":"2144713861","repostType":4,"repost":{"id":"2144713861","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":1623883569,"share":"https://www.laohu8.com/m/news/2144713861?lang=&edition=full","pubTime":"2021-06-17 06:46","market":"us","language":"en","title":"Wall Street closes lower as Fed officials project rate hikes for 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2144713861","media":"Reuters","summary":"June 16  - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.The Fed cited an impr","content":"<p>June 16 (Reuters) - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.</p>\n<p>New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.</p>\n<p>The Fed cited an improved economic outlook, with overall economic growth expected to hit 7% this year. Still, investors were surprised to learn officials were mulling rate hikes earlier than 2024.</p>\n<p>\"At first blush, the dot plot which projected two hikes by 2023 was more hawkish than expected, and markets reacted as such,\" said Daniel Ahn, chief U.S. economist at <a href=\"https://laohu8.com/S/BNPQF\">BNP Paribas</a>.</p>\n<p>The benchmark 10-year Treasury yield rose on the Fed news, while the dollar index , which tracks the greenback against six major currencies, rose to a six-week peak.</p>\n<p>With inflation rising faster than expected and the economy bouncing back quickly, the market had been looking for clues of when the Fed may alter the policies put into place last year to combat the economic fallout from the pandemic, including a massive bond-buying program.</p>\n<p>The Fed reiterated its promise to await \"substantial further progress\" before beginning to shift to policies tuned to a fully open economy. It also held its benchmark short-term interest rate near zero and said it will continue to buy $120 billion in bonds each month to fuel the economic recovery.</p>\n<p>\"Chair Powell has signaled, while the committee is not yet ready to taper, it is now in the minds of the committee. They've retired the phrase 'thinking about thinking about tapering', and we expect that in the next few meetings, the committee will likely formally start discussions of tapering,\" BNP's Ahn said.</p>\n<p>The Dow Jones Industrial Average fell 265.66 points, or 0.77%, to 34,033.67, the S&amp;P 500 lost 22.89 points, or 0.54%, to 4,223.7 and the Nasdaq Composite dropped 33.17 points, or 0.24%, to 14,039.68.</p>\n<p>Only two of the S&amp;P's 11 main sector indexes ended in positive territory: consumer discretionary and retail.</p>\n<p>The decliners were led by utilities, materials, and consumer staples.</p>\n<p>Volume on U.S. exchanges was 10.90 billion shares, compared with the 10.38 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 25 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 95 new highs and 30 new lows.</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>Wall Street closes lower as Fed officials project rate hikes for 2023</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\">\nWall Street closes lower as Fed officials project rate hikes for 2023\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\">2021-06-17 06:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 16 (Reuters) - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.</p>\n<p>New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.</p>\n<p>The Fed cited an improved economic outlook, with overall economic growth expected to hit 7% this year. Still, investors were surprised to learn officials were mulling rate hikes earlier than 2024.</p>\n<p>\"At first blush, the dot plot which projected two hikes by 2023 was more hawkish than expected, and markets reacted as such,\" said Daniel Ahn, chief U.S. economist at <a href=\"https://laohu8.com/S/BNPQF\">BNP Paribas</a>.</p>\n<p>The benchmark 10-year Treasury yield rose on the Fed news, while the dollar index , which tracks the greenback against six major currencies, rose to a six-week peak.</p>\n<p>With inflation rising faster than expected and the economy bouncing back quickly, the market had been looking for clues of when the Fed may alter the policies put into place last year to combat the economic fallout from the pandemic, including a massive bond-buying program.</p>\n<p>The Fed reiterated its promise to await \"substantial further progress\" before beginning to shift to policies tuned to a fully open economy. It also held its benchmark short-term interest rate near zero and said it will continue to buy $120 billion in bonds each month to fuel the economic recovery.</p>\n<p>\"Chair Powell has signaled, while the committee is not yet ready to taper, it is now in the minds of the committee. They've retired the phrase 'thinking about thinking about tapering', and we expect that in the next few meetings, the committee will likely formally start discussions of tapering,\" BNP's Ahn said.</p>\n<p>The Dow Jones Industrial Average fell 265.66 points, or 0.77%, to 34,033.67, the S&amp;P 500 lost 22.89 points, or 0.54%, to 4,223.7 and the Nasdaq Composite dropped 33.17 points, or 0.24%, to 14,039.68.</p>\n<p>Only two of the S&amp;P's 11 main sector indexes ended in positive territory: consumer discretionary and retail.</p>\n<p>The decliners were led by utilities, materials, and consumer staples.</p>\n<p>Volume on U.S. exchanges was 10.90 billion shares, compared with the 10.38 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 25 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 95 new highs and 30 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","DDM":"道指两倍做多ETF","SH":"标普500反向ETF","OEX":"标普100",".SPX":"S&P 500 Index","SSO":"两倍做多标普500ETF","IVV":"标普500指数ETF","SPXU":"三倍做空标普500ETF","SQQQ":"纳指三倍做空ETF","DOG":"道指反向ETF","QLD":"纳指两倍做多ETF","OEF":"标普100指数ETF-iShares","DJX":"1/100道琼斯","PSQ":"纳指反向ETF","QID":"纳指两倍做空ETF","SDOW":"道指三倍做空ETF-ProShares","TQQQ":"纳指三倍做多ETF","SDS":"两倍做空标普500ETF","QQQ":"纳指100ETF","DXD":"道指两倍做空ETF","UPRO":"三倍做多标普500ETF",".DJI":"道琼斯","UDOW":"道指三倍做多ETF-ProShares",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144713861","content_text":"June 16 (Reuters) - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.\nNew projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.\nThe Fed cited an improved economic outlook, with overall economic growth expected to hit 7% this year. Still, investors were surprised to learn officials were mulling rate hikes earlier than 2024.\n\"At first blush, the dot plot which projected two hikes by 2023 was more hawkish than expected, and markets reacted as such,\" said Daniel Ahn, chief U.S. economist at BNP Paribas.\nThe benchmark 10-year Treasury yield rose on the Fed news, while the dollar index , which tracks the greenback against six major currencies, rose to a six-week peak.\nWith inflation rising faster than expected and the economy bouncing back quickly, the market had been looking for clues of when the Fed may alter the policies put into place last year to combat the economic fallout from the pandemic, including a massive bond-buying program.\nThe Fed reiterated its promise to await \"substantial further progress\" before beginning to shift to policies tuned to a fully open economy. It also held its benchmark short-term interest rate near zero and said it will continue to buy $120 billion in bonds each month to fuel the economic recovery.\n\"Chair Powell has signaled, while the committee is not yet ready to taper, it is now in the minds of the committee. They've retired the phrase 'thinking about thinking about tapering', and we expect that in the next few meetings, the committee will likely formally start discussions of tapering,\" BNP's Ahn said.\nThe Dow Jones Industrial Average fell 265.66 points, or 0.77%, to 34,033.67, the S&P 500 lost 22.89 points, or 0.54%, to 4,223.7 and the Nasdaq Composite dropped 33.17 points, or 0.24%, to 14,039.68.\nOnly two of the S&P's 11 main sector indexes ended in positive territory: consumer discretionary and retail.\nThe decliners were led by utilities, materials, and consumer staples.\nVolume on U.S. exchanges was 10.90 billion shares, compared with the 10.38 billion average over the last 20 trading days.\nThe S&P 500 posted 25 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 95 new highs and 30 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160205926,"gmtCreate":1623798677365,"gmtModify":1631889812155,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160205926","repostId":"1175265694","repostType":4,"repost":{"id":"1175265694","pubTimestamp":1623798171,"share":"https://www.laohu8.com/m/news/1175265694?lang=&edition=full","pubTime":"2021-06-16 07:02","market":"us","language":"en","title":"Nintendo Says Next Zelda Game Will Be Released Next Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1175265694","media":"Bloomberg","summary":"Nintendo Co. said its highly anticipated next game in the Zelda franchise, a sequel to Breath of the","content":"<p>Nintendo Co.&nbsp;said its highly anticipated next game in the Zelda franchise, a sequel to Breath of the Wild, will be out in 2022.</p>\n<p>The company didn’t share a final title or many other details, although a brief trailer showcased the game’s hero, Link, using abilities that weren’t in the first game. Series producer Eiji Aonuma said the sequel would take place in the skies above the first game’s world.</p>\n<p>In a pre-recorded presentation Tuesday as part of the E3 video game showcase, Nintendo didn’t mention the rumored upgraded version of the Switch, which is expected to be released later this year. The Japanese company plans to introduce a new model with a 7-inch OLED display and a faster graphics chip,Bloomberg previously reported.</p>\n<p>Nintendo’s promotional video was full of fan-pleasing announcements such as Metroid Dread and WarioWare Get It Together, both coming out on Switch this fall. The company also showcased role-playing game Shin Megami Tensei V and said the beloved, niche novel collection Danganronpa, which is available on other platforms, would be coming to Switch.</p>","source":"lsy1584095487587","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>Nintendo Says Next Zelda Game Will Be Released Next Year</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\">\nNintendo Says Next Zelda Game Will Be Released Next Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 07:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/nintendo-says-next-zelda-game-will-be-released-next-year?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nintendo Co. said its highly anticipated next game in the Zelda franchise, a sequel to Breath of the Wild, will be out in 2022.\nThe company didn’t share a final title or many other details, although a...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/nintendo-says-next-zelda-game-will-be-released-next-year?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NTDOY":"任天堂"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/nintendo-says-next-zelda-game-will-be-released-next-year?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175265694","content_text":"Nintendo Co. said its highly anticipated next game in the Zelda franchise, a sequel to Breath of the Wild, will be out in 2022.\nThe company didn’t share a final title or many other details, although a brief trailer showcased the game’s hero, Link, using abilities that weren’t in the first game. Series producer Eiji Aonuma said the sequel would take place in the skies above the first game’s world.\nIn a pre-recorded presentation Tuesday as part of the E3 video game showcase, Nintendo didn’t mention the rumored upgraded version of the Switch, which is expected to be released later this year. The Japanese company plans to introduce a new model with a 7-inch OLED display and a faster graphics chip,Bloomberg previously reported.\nNintendo’s promotional video was full of fan-pleasing announcements such as Metroid Dread and WarioWare Get It Together, both coming out on Switch this fall. The company also showcased role-playing game Shin Megami Tensei V and said the beloved, niche novel collection Danganronpa, which is available on other platforms, would be coming to Switch.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160201445,"gmtCreate":1623798562087,"gmtModify":1631889812155,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":".&nbsp;","listText":".&nbsp;","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160201445","repostId":"2143681768","repostType":2,"repost":{"id":"2143681768","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":1623782779,"share":"https://www.laohu8.com/m/news/2143681768?lang=&edition=full","pubTime":"2021-06-16 02:46","market":"sh","language":"en","title":"LIVE MARKETS-Ralph Lauren links pay for execs to ESG","url":"https://stock-news.laohu8.com/highlight/detail?id=2143681768","media":"Reuters","summary":"* Major U.S. stock indexes decline; smallcaps, transports green   * Real estate weakest major S&P se","content":"<html><body><p>* Major U.S. stock indexes decline; smallcaps, transports green</p><p>   * Real estate weakest major S&amp;P sector; energy leads gainers</p><p>   * Dollar ~flat; gold off, crude up; bitcoin up</p><p>   * U.S. 10-Year Treasury yield ~1.50%</p><p>    June 15 - 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>   RALPH LAUREN LINKS PAY FOR EXECS TO ESG (1445 EDT/1845 GMT) Apparel seller Ralph Lauren Corp    said on Tuesday it will start tying executive compensation to environmental, social and governance <a href=\"https://laohu8.com/S/ESG.UK\">$(ESG.UK)$</a> factors, a move that is en vogue among companies looking to burnish their credentials with investors.</p><p>   Executives' pay will depend in part on how well Ralph Lauren meets goals to become a more diverse workplace and advances on its commitments to protect the environment, according to a statement from the company. Ralph Lauren executives will start being judged on these measures starting in the company's fiscal year 2022.</p><p>   Financial technology firm Mastercard Inc   , iPhone maker Apple Inc    and Germany's largest bank Deutsche Bank   have also linked executive pay to ESG metrics. </p><p>   Ralph Lauren is aiming to achieve a 25% increase in women in factory leadership, according to a company report. The fashion house also plans to reach net zero greenhouse gas emissions by 2040.</p><p>   (Jessica DiNapoli)</p><p>   *****</p><p>   WFII FORECASTS FURTHER S&amp;P 500 GAINS BY YEAR-END 2022 (1345 EDT/1745 GMT)</p><p>   In an Institute Alert, the Wells Fargo Investment Institute (WFII), is announcing its 2022 economic forecasts and market targets.</p><p>   WFII believes that the U.S. economy should grow, amid a deceleration in inflation in 2022, but remain above their pre-pandemic paces. With this, they expect to see 2022 earnings gains, although at a slower pace than 2021.</p><p>   Additionally, WFII believes an increase in taxes, as well as higher interest rates and inflation next year, may serve to hold back 2022 stock market gains to some extent.</p><p>   \"On balance, however, we believe earnings growth should still support higher global equity market benchmark levels.\"</p><p>   In terms of forecast levels, WFII has a year-end 2021 U.S. GDP growth target of 7%, followed by 5.3% growth year-end 2022.</p><p>   They expect CPI inflation will fall from 3.8% year-end 2021 to 2.8% year-end 2022.</p><p>   Their S&amp;P 500    target goes from 4400-4600 year-end 2021 to 4,800-5,000 year-end 2022.</p><p>   WFII sees the U.S. 10-Year Treasury yield    going from a year-end 2021 target of 2.00%-2.50% to 2.25%-2.75% year-end 2022.</p><p>   Additionally, WFII expects higher prices for commodities in 2022, \"notably for oil and gold,\" as well as a \"clearer U.S. dollar depreciation trend to emerge as global growth broadens in 2022.\"</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   EVs AND SPACs (1320 EDT/1720 GMT)</p><p>   There were always going to be bumps in the road to mass adoption of electric vehicles. However, after Lordstown Motors Corp    hit a giant pothole in recent days, investors in the next generation of U.S. auto manufacturers are seeking the exit ramp.</p><p>   The electric truck maker slumped 19% on Monday after disclosing both founder and Chief Executive Steve Burns and Chief Financial Officer Julio Rodriguez were resigning. The news came days after the company warned there was \"substantial doubt\" about its ability to continue as a going concern in the next year due to problems in funding production.  </p><p>   Shares are stabilizing on Tuesday, trading marginally higher at $9.30, but the company's stock is still down nearly 70% since Feb. 11. </p><p>   Some investors may be more concerned by the fact Lordstown is now below the $10 price which special purpose acquisition companies (SPACs) sell their stock to the public. Lordstown went public last October through a merger with blank-check firm <a href=\"https://laohu8.com/S/DPHCW\">DiamondPeak Holdings Corp.</a></p><p>   SPACs have sped into the electric vehicle <a href=\"https://laohu8.com/S/EV\">$(EV)$</a> market, hoping to hitch their wagon to the next Tesla Inc   . Since the start of 2021, there have been a number of announced mergers: <a href=\"https://laohu8.com/S/AONE\">one</a> such deal, for Proterra, just completed and the bus maker started trading on the Nasdaq on Tuesday.</p><p>   So far, it's not been the debut Proterra and its SPAC backers, <a href=\"https://laohu8.com/S/ACTC\">ArcLight Clean Transition Corp</a>, would have hoped for. Shares are now down around 4%.  </p><p>   Other SPACs due to merge with EV manufacturers have also been run over by the Lordstown developments.</p><p>   <a href=\"https://laohu8.com/S/CCIV\">Churchill Capital Corp IV</a>    is down another 5% on Tuesday, taking its losses since Wednesday's close to around 13.5%. <a href=\"https://laohu8.com/S/DCRB\">Decarbonization Plus Acquisition Corp</a>    is off 1.8% on Tuesday.</p><p>   Lordstown isn't the first SPAC-backed EV manufacturer to get a puncture either. <a href=\"https://laohu8.com/S/NKLA\">Nikola Corporation</a>    was initially turbo-charged, trading intraday at nearly $94 within a week of its listing, but then questions were raised about its technology, regulatory investigations began and the founder resigned.</p><p>   Nikola is down 9.8% on Tuesday at $15.50.</p><p>   EV aren't likely to be a road to nowhere: a June 3 report from Pew Research Center said 39% of Americans would consider going electric the next time they shop for a car. Meanwhile, companies including Amazon.com Inc    and Fedex Corp</p><p>  are making huge commitments to electrify their fleets.</p><p>   Like buying the real thing, investors need to be doing their research on EV manufacturers, so they aren't stuck with a lemon.</p><p>   (David French)</p><p>   *****</p><p>   U.S. DOLLAR OUTLOOK DEPENDS ON FED'S INFLATION VIEW -BOFA (1240 EDT/1640 GMT)</p><p>   BoFA Securities said in its latest research note on Tuesday that the fate of the U.S. dollar rests on the Federal Reserve, which releases its statement on monetary policy on Wednesday after its two-day meeting.</p><p>   It noted that the combination of a dovish Fed and higher inflation is negative for the dollar because of negative real rates and the risks to the Fed's inflation credibility.</p><p>   But \"if the Fed reacts to higher inflation by tightening its policies, the correlation flips and the U.S. dollar will appreciate, at least in the short term,\" BofA said.</p><p>   Once the dust settles though from the current base effects, the economy runs the risk of inflation ending well above the Fed's flexible average inflation targeting (FAIT), BofA says. That should push the Fed to normalize monetary policy, which should be a positive for the dollar.</p><p>   \"Inflation expectations remain anchored for now, but this is because the market is already pricing some policy normalization in the next two years; they will not remain anchored if the Fed does not respond to higher inflation,\" the U.S. bank said.</p><p>   The U.S. dollar index is currently little changed at 90.532</p><p> . Over the last two months, the dollar has been down nearly 1%.</p><p>   (Gertrude Chavez-Dreyfuss)</p><p>   ******</p><p>    DATA PART DEUX: PRODUCTION GAINS STEAM, HOMEBUILDING LOSES HEAT (1155 EDT/1555 GMT)</p><p>   Round two of Tuesday's data-palooza provided signs that the U.S. economy is rounding the bend back to pre-pandemic levels, but rocks remain in that last stretch to the finish line. </p><p>   Industrial output    unexpectedly gained steam in May according to the Federal Reserve, rising 0.8% versus the 0.6% consensus, although April's gain was sharply reduced to a paltry 0.1%.  </p><p>   The growth was largely attributable to a bounce-back in automobile production, which nonetheless remains hobbled by a global microchip drought.</p><p>   \"Looking ahead, hearty goods demand, rising business investment, and revitalizing external activity will keep industrial production on a solid expansionary path,\" writes Oren Klachkin, lead U.S. economist at Oxford Economics. \"Roadblocks to stronger production from supply chain and hiring challenges will start to be removed in the latter half of 2021, supporting strong activity.\"</p><p>   Capacity utilization   , a barometer of economic slack, showed better-than-expected improvement, gaining 60 basis points to 75.2%, closing in on the pre-pandemic 76.3%.</p><p>   A report from the Commerce Department showed goods held in the store rooms of U.S. businesses    shrank by 0.2% in April, more than analysts anticipated.  </p><p>   It was the first monthly decline since last July.</p><p>   But retail inventories, excluding motor vehicles, rose by 0.6%, an acceleration from March's 0.5% increase, yet another indication that car manufacturers remain constrained by the afore-mentioned chip shortage.</p><p>   Inventories were a drag on first-quarter GDP as U.S. firms began to contend with hobbled supply chains, and the April business inventories reading, notching its first drop in nine months suggests that drag could carry on through the current quarter.</p><p>   \"Labor constraints, shipping delays, and high input costs will limit inventory gains,\" Klachkin adds. \"But we look for those challenges to ease as better health conditions and reopenings bring the supply side of the economy back online.\"</p><p>   And finally our data deluge concludes with news from the erstwhile star of the economic recovery: the housing market.</p><p>   The COVID crisis caused a demand stampede, as homebuyers painted \"suburbs or bust\" on their SUVs and fled the cities in search of elbow room and home office space. </p><p>   That rush drove inventories to record lows, which in turn gave robust support to the homebuilding sector.</p><p>   But heightened demand has also collided with stricken supply chains and a dearth of building materials, launching home prices into orbit and dampening the homebuilding party.</p><p>   The National Association of Homebuilders' (NAHB) Housing Market index   , also known as homebuilder sentiment, has shed 2 points this month to a still-sunny reading of 81.</p><p>   It was the index's lowest level since August of last year.</p><p>   \"Higher costs and declining availability for softwood lumber and other building materials pushed down builder sentiment in June,\" said NAHB chairman Chuck Fowke. \"These higher costs have moved some new homes beyond the budget of prospective buyers, which has slowed the strong pace of home building.\"</p><p>   The selling mood on Wall Street remains entrenched in late morning, with all three major U.S. stock indexes well inside negative territory.</p><p>   Rising crude prices    helped promote energy shares</p><p>  to the head of the gainers' class.</p><p>   (Stephen Culp)</p><p>   *****</p><p>   NEW YORK APARTMENT RENTS POP AS BANKS DIS REMOTE WORK (1045 EDT/1445 GMT</p><p>   Perhaps bankers in the Big Apple didn't get the memo on remote work, or are hearing a different tune than big tech on the West Coast.</p><p>   While all gateway markets are showing signs of recovery in apartment rentals, some are recovering faster than others, with a notable difference between New York and Seattle and San Francisco, according to Yardi Matrix.</p><p>   Apartment rents increased 3.4% on a month-over-month basis in New York in May, well above the other top 30 U.S. metro areas that Yardi tracks in its National Multifamily Report.</p><p>   Seattle and San Francisco rebounded, but only at 0.2% and 0.3% growth month over month, respectively, said Yardi, which researches U.S. commercial real estate.</p><p>   The difference could be due to the type of industries in the three cities and their return-to-work plans, Yardi said.</p><p>   New York banks are requiring employees to return to the office this summer, while tech workers in Seattle and San Francisco are more likely to be able to work on a hybrid or fully remote schedule, Yardi said.</p><p>   James Gorman, chief executive at <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>   , said Monday that if most employees are not back at the bank's <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> headquarters in September, he will be \"very disappointed.\"  </p><p>   <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc    said last week it was opening up remote work as an option to all levels of employees across the company, starting on Tuesday, and expects to reopen all its U.S. offices by October.  </p><p>   Alphabet Inc's Google    and Microsoft Corp   , have given employees options to choose their work location and remote work preferences. </p><p>   Multifamily rents rose 2.5% year-over-year in May to almost exactly where rent growth was in March 2020 when the coronavirus pandemic hit, Yardi said.</p><p>   Rents grew $12 in May to $1,428, the largest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-month increase in Yardi's data set history, it said.</p><p>    (Herbert Lash)    </p><p>   *****</p><p>   DATA ROUND ONE: RETAIL SALES, PPI, EMPIRE STATE (1000 EDT/1400 GMT)</p><p>   An onslaught of reports unleashed on Tuesday suggests an economy entering a new phase of recovery from the pandemic recession, with freshly-jabbed consumers leaving their houses to find inflation running hotter than the weather.     </p><p>   Sales at U.S. retailers    fell 1.3% last month according to the Commerce Department, steeper than the anticipated 0.8% drop, reversing April's upwardly-revised 0.9% gain.  </p><p>   In part, the decline reflects consumer demand pivoting back from goods to customer-facing services as more Americans are inoculated and taking advantage of lifting social distancing restrictions. </p><p>   Receipts at bars/restaurants and department stores, for example, jumped by 1.8% and 1.6%, respectively, and gasoline sales rose by 0.7%.</p><p>   On the other hand, sales of home improvement goods plunged by 5.9% and home electronics slid 3.4%.</p><p>   The overall pullback suggests a \"satiated demand for goods\" as \"higher prices weighed on consumers’ buying attitudes,\" writes Gregory Daco, chief U.S. economist at Oxford Economics.  </p><p>   \"While some will interpret this as a sign of wary households,\" Daco adds, the report signals \"ongoing demand rotation as vaccinated consumers splurge on services.</p><p>   Core retail sales, which excludes autos, gasoline, building materials and food services - and corresponds closely with the personal consumption component of GDP - dropped by 0.7%.</p><p>   A report from the Labor Department showed the producer price index (PPI)    - or the prices U.S. goods makers get for their wares at the factory loading dock - rose at a faster pace in May than analysts expected.</p><p>   Monthly headline PPI rose by 0.8%, running hotter than the 0.6% growth projected by economists.</p><p>   On an annual basis, core PPI - which strips out food, energy and trade services - accelerated to 5.3% from April's 4.6% pace.</p><p>   \"Headline, core and core ex-trade services prices are well above the 2% target,\" notes Rubeela Farooqi, chief U.S. economist at High Frequency Economics. \"However, the Fed is expected to continue to view building pressures as transient.\"</p><p>   The graphic below shows how year-over-year core PPI stacks up among other major indicators relative to the Fed's average annual 2% target:</p><p>   The demand U-turn away from goods back to services appears to be showing itself in data from the New York Fed, which showed manufacturing activity in New York State stepped on the brakes in May.</p><p>   The New York Federal Reserve's Empire State index</p><p>  plunged nearly seven points to a reading of 17.4, well below the 23 consensus.</p><p>   An Empire State number above zero signifies increased activity over the previous month.</p><p>   \"Manufacturing is doing well, but activity is no longer accelerating,\" says Ian Shepherdson, chief economist at Pantheon Macroeconomics. </p><p>   But Shepherdson outpoints unfilled orders and prices paid components \"suggests a marginal easing of supply constraints,\" a welcome development amid the ongoing demand/supply imbalance.</p><p>   But Tuesday isn't done with us. Industrial production, inventories and homebuilder sentiment remain on tap. </p><p>   Investors were taking a breather out of the starting gate, with the S&amp;P 500 and the Nasdaq slipping back from Monday's record closing highs.    </p><p>   (Stephen Culp)</p><p>   *****</p><p>   S&amp;P 500: SLEEPWALKING (0900 EDT/1300 GMT)</p><p>   The S&amp;P 500    posted another record close on Monday. While only about halfway into June, that marked its 29th record-high finish so far this year vs 33 for all of 2020.</p><p>   Despite the levitation, SPX action in many ways has grown zombie-like. Monday's range as a percentage of the prior session's close was just 0.51%. With this, nearly half of the 18 smallest daily ranges so far this year, have occurred in the past 13 trading days. For the week, the SPX is on track for its tightest range since September 22, 2017.</p><p>   Meanwhile, volatility close-to-close, on a weekly basis, has contracted to its lowest level since mid-January 2020, or roughly one month ahead of the February 2020 market top:</p><p>   Implied volatility has also recently collapsed. The CBOE Volatility Index    ended last Friday at its lowest level since February 20, 2020, or one day after the SPX's February 19, 2020 peak.</p><p>   Thus, with significant event risks this week in the form of the FOMC Meeting results on Wednesday  , and a quadruple-witching Friday  , the benchmark index appears especially ripe for much more spirited action.</p><p>   It now remains to be seen whether the SPX will soon begin a well-rested sprint, or if it will be shaken from its slumber by something that goes bump in the night.</p><p>   (Terence Gabriel)</p><p>   ***** </p><p>   FOR TUESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:  </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SPX06152021     Retail sales     Inflation     Empire State     Industrial production     Business inventories     NAHB    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</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-Ralph Lauren links pay for execs to ESG</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-Ralph Lauren links pay for execs to ESG\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\">2021-06-16 02:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* Major U.S. stock indexes decline; smallcaps, transports green</p><p>   * Real estate weakest major S&amp;P sector; energy leads gainers</p><p>   * Dollar ~flat; gold off, crude up; bitcoin up</p><p>   * U.S. 10-Year Treasury yield ~1.50%</p><p>    June 15 - 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>   RALPH LAUREN LINKS PAY FOR EXECS TO ESG (1445 EDT/1845 GMT) Apparel seller Ralph Lauren Corp    said on Tuesday it will start tying executive compensation to environmental, social and governance <a href=\"https://laohu8.com/S/ESG.UK\">$(ESG.UK)$</a> factors, a move that is en vogue among companies looking to burnish their credentials with investors.</p><p>   Executives' pay will depend in part on how well Ralph Lauren meets goals to become a more diverse workplace and advances on its commitments to protect the environment, according to a statement from the company. Ralph Lauren executives will start being judged on these measures starting in the company's fiscal year 2022.</p><p>   Financial technology firm Mastercard Inc   , iPhone maker Apple Inc    and Germany's largest bank Deutsche Bank   have also linked executive pay to ESG metrics. </p><p>   Ralph Lauren is aiming to achieve a 25% increase in women in factory leadership, according to a company report. The fashion house also plans to reach net zero greenhouse gas emissions by 2040.</p><p>   (Jessica DiNapoli)</p><p>   *****</p><p>   WFII FORECASTS FURTHER S&amp;P 500 GAINS BY YEAR-END 2022 (1345 EDT/1745 GMT)</p><p>   In an Institute Alert, the Wells Fargo Investment Institute (WFII), is announcing its 2022 economic forecasts and market targets.</p><p>   WFII believes that the U.S. economy should grow, amid a deceleration in inflation in 2022, but remain above their pre-pandemic paces. With this, they expect to see 2022 earnings gains, although at a slower pace than 2021.</p><p>   Additionally, WFII believes an increase in taxes, as well as higher interest rates and inflation next year, may serve to hold back 2022 stock market gains to some extent.</p><p>   \"On balance, however, we believe earnings growth should still support higher global equity market benchmark levels.\"</p><p>   In terms of forecast levels, WFII has a year-end 2021 U.S. GDP growth target of 7%, followed by 5.3% growth year-end 2022.</p><p>   They expect CPI inflation will fall from 3.8% year-end 2021 to 2.8% year-end 2022.</p><p>   Their S&amp;P 500    target goes from 4400-4600 year-end 2021 to 4,800-5,000 year-end 2022.</p><p>   WFII sees the U.S. 10-Year Treasury yield    going from a year-end 2021 target of 2.00%-2.50% to 2.25%-2.75% year-end 2022.</p><p>   Additionally, WFII expects higher prices for commodities in 2022, \"notably for oil and gold,\" as well as a \"clearer U.S. dollar depreciation trend to emerge as global growth broadens in 2022.\"</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   EVs AND SPACs (1320 EDT/1720 GMT)</p><p>   There were always going to be bumps in the road to mass adoption of electric vehicles. However, after Lordstown Motors Corp    hit a giant pothole in recent days, investors in the next generation of U.S. auto manufacturers are seeking the exit ramp.</p><p>   The electric truck maker slumped 19% on Monday after disclosing both founder and Chief Executive Steve Burns and Chief Financial Officer Julio Rodriguez were resigning. The news came days after the company warned there was \"substantial doubt\" about its ability to continue as a going concern in the next year due to problems in funding production.  </p><p>   Shares are stabilizing on Tuesday, trading marginally higher at $9.30, but the company's stock is still down nearly 70% since Feb. 11. </p><p>   Some investors may be more concerned by the fact Lordstown is now below the $10 price which special purpose acquisition companies (SPACs) sell their stock to the public. Lordstown went public last October through a merger with blank-check firm <a href=\"https://laohu8.com/S/DPHCW\">DiamondPeak Holdings Corp.</a></p><p>   SPACs have sped into the electric vehicle <a href=\"https://laohu8.com/S/EV\">$(EV)$</a> market, hoping to hitch their wagon to the next Tesla Inc   . Since the start of 2021, there have been a number of announced mergers: <a href=\"https://laohu8.com/S/AONE\">one</a> such deal, for Proterra, just completed and the bus maker started trading on the Nasdaq on Tuesday.</p><p>   So far, it's not been the debut Proterra and its SPAC backers, <a href=\"https://laohu8.com/S/ACTC\">ArcLight Clean Transition Corp</a>, would have hoped for. Shares are now down around 4%.  </p><p>   Other SPACs due to merge with EV manufacturers have also been run over by the Lordstown developments.</p><p>   <a href=\"https://laohu8.com/S/CCIV\">Churchill Capital Corp IV</a>    is down another 5% on Tuesday, taking its losses since Wednesday's close to around 13.5%. <a href=\"https://laohu8.com/S/DCRB\">Decarbonization Plus Acquisition Corp</a>    is off 1.8% on Tuesday.</p><p>   Lordstown isn't the first SPAC-backed EV manufacturer to get a puncture either. <a href=\"https://laohu8.com/S/NKLA\">Nikola Corporation</a>    was initially turbo-charged, trading intraday at nearly $94 within a week of its listing, but then questions were raised about its technology, regulatory investigations began and the founder resigned.</p><p>   Nikola is down 9.8% on Tuesday at $15.50.</p><p>   EV aren't likely to be a road to nowhere: a June 3 report from Pew Research Center said 39% of Americans would consider going electric the next time they shop for a car. Meanwhile, companies including Amazon.com Inc    and Fedex Corp</p><p>  are making huge commitments to electrify their fleets.</p><p>   Like buying the real thing, investors need to be doing their research on EV manufacturers, so they aren't stuck with a lemon.</p><p>   (David French)</p><p>   *****</p><p>   U.S. DOLLAR OUTLOOK DEPENDS ON FED'S INFLATION VIEW -BOFA (1240 EDT/1640 GMT)</p><p>   BoFA Securities said in its latest research note on Tuesday that the fate of the U.S. dollar rests on the Federal Reserve, which releases its statement on monetary policy on Wednesday after its two-day meeting.</p><p>   It noted that the combination of a dovish Fed and higher inflation is negative for the dollar because of negative real rates and the risks to the Fed's inflation credibility.</p><p>   But \"if the Fed reacts to higher inflation by tightening its policies, the correlation flips and the U.S. dollar will appreciate, at least in the short term,\" BofA said.</p><p>   Once the dust settles though from the current base effects, the economy runs the risk of inflation ending well above the Fed's flexible average inflation targeting (FAIT), BofA says. That should push the Fed to normalize monetary policy, which should be a positive for the dollar.</p><p>   \"Inflation expectations remain anchored for now, but this is because the market is already pricing some policy normalization in the next two years; they will not remain anchored if the Fed does not respond to higher inflation,\" the U.S. bank said.</p><p>   The U.S. dollar index is currently little changed at 90.532</p><p> . Over the last two months, the dollar has been down nearly 1%.</p><p>   (Gertrude Chavez-Dreyfuss)</p><p>   ******</p><p>    DATA PART DEUX: PRODUCTION GAINS STEAM, HOMEBUILDING LOSES HEAT (1155 EDT/1555 GMT)</p><p>   Round two of Tuesday's data-palooza provided signs that the U.S. economy is rounding the bend back to pre-pandemic levels, but rocks remain in that last stretch to the finish line. </p><p>   Industrial output    unexpectedly gained steam in May according to the Federal Reserve, rising 0.8% versus the 0.6% consensus, although April's gain was sharply reduced to a paltry 0.1%.  </p><p>   The growth was largely attributable to a bounce-back in automobile production, which nonetheless remains hobbled by a global microchip drought.</p><p>   \"Looking ahead, hearty goods demand, rising business investment, and revitalizing external activity will keep industrial production on a solid expansionary path,\" writes Oren Klachkin, lead U.S. economist at Oxford Economics. \"Roadblocks to stronger production from supply chain and hiring challenges will start to be removed in the latter half of 2021, supporting strong activity.\"</p><p>   Capacity utilization   , a barometer of economic slack, showed better-than-expected improvement, gaining 60 basis points to 75.2%, closing in on the pre-pandemic 76.3%.</p><p>   A report from the Commerce Department showed goods held in the store rooms of U.S. businesses    shrank by 0.2% in April, more than analysts anticipated.  </p><p>   It was the first monthly decline since last July.</p><p>   But retail inventories, excluding motor vehicles, rose by 0.6%, an acceleration from March's 0.5% increase, yet another indication that car manufacturers remain constrained by the afore-mentioned chip shortage.</p><p>   Inventories were a drag on first-quarter GDP as U.S. firms began to contend with hobbled supply chains, and the April business inventories reading, notching its first drop in nine months suggests that drag could carry on through the current quarter.</p><p>   \"Labor constraints, shipping delays, and high input costs will limit inventory gains,\" Klachkin adds. \"But we look for those challenges to ease as better health conditions and reopenings bring the supply side of the economy back online.\"</p><p>   And finally our data deluge concludes with news from the erstwhile star of the economic recovery: the housing market.</p><p>   The COVID crisis caused a demand stampede, as homebuyers painted \"suburbs or bust\" on their SUVs and fled the cities in search of elbow room and home office space. </p><p>   That rush drove inventories to record lows, which in turn gave robust support to the homebuilding sector.</p><p>   But heightened demand has also collided with stricken supply chains and a dearth of building materials, launching home prices into orbit and dampening the homebuilding party.</p><p>   The National Association of Homebuilders' (NAHB) Housing Market index   , also known as homebuilder sentiment, has shed 2 points this month to a still-sunny reading of 81.</p><p>   It was the index's lowest level since August of last year.</p><p>   \"Higher costs and declining availability for softwood lumber and other building materials pushed down builder sentiment in June,\" said NAHB chairman Chuck Fowke. \"These higher costs have moved some new homes beyond the budget of prospective buyers, which has slowed the strong pace of home building.\"</p><p>   The selling mood on Wall Street remains entrenched in late morning, with all three major U.S. stock indexes well inside negative territory.</p><p>   Rising crude prices    helped promote energy shares</p><p>  to the head of the gainers' class.</p><p>   (Stephen Culp)</p><p>   *****</p><p>   NEW YORK APARTMENT RENTS POP AS BANKS DIS REMOTE WORK (1045 EDT/1445 GMT</p><p>   Perhaps bankers in the Big Apple didn't get the memo on remote work, or are hearing a different tune than big tech on the West Coast.</p><p>   While all gateway markets are showing signs of recovery in apartment rentals, some are recovering faster than others, with a notable difference between New York and Seattle and San Francisco, according to Yardi Matrix.</p><p>   Apartment rents increased 3.4% on a month-over-month basis in New York in May, well above the other top 30 U.S. metro areas that Yardi tracks in its National Multifamily Report.</p><p>   Seattle and San Francisco rebounded, but only at 0.2% and 0.3% growth month over month, respectively, said Yardi, which researches U.S. commercial real estate.</p><p>   The difference could be due to the type of industries in the three cities and their return-to-work plans, Yardi said.</p><p>   New York banks are requiring employees to return to the office this summer, while tech workers in Seattle and San Francisco are more likely to be able to work on a hybrid or fully remote schedule, Yardi said.</p><p>   James Gorman, chief executive at <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>   , said Monday that if most employees are not back at the bank's <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> headquarters in September, he will be \"very disappointed.\"  </p><p>   <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc    said last week it was opening up remote work as an option to all levels of employees across the company, starting on Tuesday, and expects to reopen all its U.S. offices by October.  </p><p>   Alphabet Inc's Google    and Microsoft Corp   , have given employees options to choose their work location and remote work preferences. </p><p>   Multifamily rents rose 2.5% year-over-year in May to almost exactly where rent growth was in March 2020 when the coronavirus pandemic hit, Yardi said.</p><p>   Rents grew $12 in May to $1,428, the largest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-month increase in Yardi's data set history, it said.</p><p>    (Herbert Lash)    </p><p>   *****</p><p>   DATA ROUND ONE: RETAIL SALES, PPI, EMPIRE STATE (1000 EDT/1400 GMT)</p><p>   An onslaught of reports unleashed on Tuesday suggests an economy entering a new phase of recovery from the pandemic recession, with freshly-jabbed consumers leaving their houses to find inflation running hotter than the weather.     </p><p>   Sales at U.S. retailers    fell 1.3% last month according to the Commerce Department, steeper than the anticipated 0.8% drop, reversing April's upwardly-revised 0.9% gain.  </p><p>   In part, the decline reflects consumer demand pivoting back from goods to customer-facing services as more Americans are inoculated and taking advantage of lifting social distancing restrictions. </p><p>   Receipts at bars/restaurants and department stores, for example, jumped by 1.8% and 1.6%, respectively, and gasoline sales rose by 0.7%.</p><p>   On the other hand, sales of home improvement goods plunged by 5.9% and home electronics slid 3.4%.</p><p>   The overall pullback suggests a \"satiated demand for goods\" as \"higher prices weighed on consumers’ buying attitudes,\" writes Gregory Daco, chief U.S. economist at Oxford Economics.  </p><p>   \"While some will interpret this as a sign of wary households,\" Daco adds, the report signals \"ongoing demand rotation as vaccinated consumers splurge on services.</p><p>   Core retail sales, which excludes autos, gasoline, building materials and food services - and corresponds closely with the personal consumption component of GDP - dropped by 0.7%.</p><p>   A report from the Labor Department showed the producer price index (PPI)    - or the prices U.S. goods makers get for their wares at the factory loading dock - rose at a faster pace in May than analysts expected.</p><p>   Monthly headline PPI rose by 0.8%, running hotter than the 0.6% growth projected by economists.</p><p>   On an annual basis, core PPI - which strips out food, energy and trade services - accelerated to 5.3% from April's 4.6% pace.</p><p>   \"Headline, core and core ex-trade services prices are well above the 2% target,\" notes Rubeela Farooqi, chief U.S. economist at High Frequency Economics. \"However, the Fed is expected to continue to view building pressures as transient.\"</p><p>   The graphic below shows how year-over-year core PPI stacks up among other major indicators relative to the Fed's average annual 2% target:</p><p>   The demand U-turn away from goods back to services appears to be showing itself in data from the New York Fed, which showed manufacturing activity in New York State stepped on the brakes in May.</p><p>   The New York Federal Reserve's Empire State index</p><p>  plunged nearly seven points to a reading of 17.4, well below the 23 consensus.</p><p>   An Empire State number above zero signifies increased activity over the previous month.</p><p>   \"Manufacturing is doing well, but activity is no longer accelerating,\" says Ian Shepherdson, chief economist at Pantheon Macroeconomics. </p><p>   But Shepherdson outpoints unfilled orders and prices paid components \"suggests a marginal easing of supply constraints,\" a welcome development amid the ongoing demand/supply imbalance.</p><p>   But Tuesday isn't done with us. Industrial production, inventories and homebuilder sentiment remain on tap. </p><p>   Investors were taking a breather out of the starting gate, with the S&amp;P 500 and the Nasdaq slipping back from Monday's record closing highs.    </p><p>   (Stephen Culp)</p><p>   *****</p><p>   S&amp;P 500: SLEEPWALKING (0900 EDT/1300 GMT)</p><p>   The S&amp;P 500    posted another record close on Monday. While only about halfway into June, that marked its 29th record-high finish so far this year vs 33 for all of 2020.</p><p>   Despite the levitation, SPX action in many ways has grown zombie-like. Monday's range as a percentage of the prior session's close was just 0.51%. With this, nearly half of the 18 smallest daily ranges so far this year, have occurred in the past 13 trading days. For the week, the SPX is on track for its tightest range since September 22, 2017.</p><p>   Meanwhile, volatility close-to-close, on a weekly basis, has contracted to its lowest level since mid-January 2020, or roughly one month ahead of the February 2020 market top:</p><p>   Implied volatility has also recently collapsed. The CBOE Volatility Index    ended last Friday at its lowest level since February 20, 2020, or one day after the SPX's February 19, 2020 peak.</p><p>   Thus, with significant event risks this week in the form of the FOMC Meeting results on Wednesday  , and a quadruple-witching Friday  , the benchmark index appears especially ripe for much more spirited action.</p><p>   It now remains to be seen whether the SPX will soon begin a well-rested sprint, or if it will be shaken from its slumber by something that goes bump in the night.</p><p>   (Terence Gabriel)</p><p>   ***** </p><p>   FOR TUESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:  </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SPX06152021     Retail sales     Inflation     Empire State     Industrial production     Business inventories     NAHB    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</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":{".IXIC":"NASDAQ Composite","MA":"万事达",".SPX":"S&P 500 Index","AAPL":"苹果",".DJI":"道琼斯","RL":"拉夫劳伦"},"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":"2143681768","content_text":"* Major U.S. stock indexes decline; smallcaps, transports green   * Real estate weakest major S&P sector; energy leads gainers   * Dollar ~flat; gold off, crude up; bitcoin up   * U.S. 10-Year Treasury yield ~1.50%    June 15 - 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   RALPH LAUREN LINKS PAY FOR EXECS TO ESG (1445 EDT/1845 GMT) Apparel seller Ralph Lauren Corp    said on Tuesday it will start tying executive compensation to environmental, social and governance $(ESG.UK)$ factors, a move that is en vogue among companies looking to burnish their credentials with investors.   Executives' pay will depend in part on how well Ralph Lauren meets goals to become a more diverse workplace and advances on its commitments to protect the environment, according to a statement from the company. Ralph Lauren executives will start being judged on these measures starting in the company's fiscal year 2022.   Financial technology firm Mastercard Inc   , iPhone maker Apple Inc    and Germany's largest bank Deutsche Bank   have also linked executive pay to ESG metrics.    Ralph Lauren is aiming to achieve a 25% increase in women in factory leadership, according to a company report. The fashion house also plans to reach net zero greenhouse gas emissions by 2040.   (Jessica DiNapoli)   *****   WFII FORECASTS FURTHER S&P 500 GAINS BY YEAR-END 2022 (1345 EDT/1745 GMT)   In an Institute Alert, the Wells Fargo Investment Institute (WFII), is announcing its 2022 economic forecasts and market targets.   WFII believes that the U.S. economy should grow, amid a deceleration in inflation in 2022, but remain above their pre-pandemic paces. With this, they expect to see 2022 earnings gains, although at a slower pace than 2021.   Additionally, WFII believes an increase in taxes, as well as higher interest rates and inflation next year, may serve to hold back 2022 stock market gains to some extent.   \"On balance, however, we believe earnings growth should still support higher global equity market benchmark levels.\"   In terms of forecast levels, WFII has a year-end 2021 U.S. GDP growth target of 7%, followed by 5.3% growth year-end 2022.   They expect CPI inflation will fall from 3.8% year-end 2021 to 2.8% year-end 2022.   Their S&P 500    target goes from 4400-4600 year-end 2021 to 4,800-5,000 year-end 2022.   WFII sees the U.S. 10-Year Treasury yield    going from a year-end 2021 target of 2.00%-2.50% to 2.25%-2.75% year-end 2022.   Additionally, WFII expects higher prices for commodities in 2022, \"notably for oil and gold,\" as well as a \"clearer U.S. dollar depreciation trend to emerge as global growth broadens in 2022.\"   (Terence Gabriel)   *****   EVs AND SPACs (1320 EDT/1720 GMT)   There were always going to be bumps in the road to mass adoption of electric vehicles. However, after Lordstown Motors Corp    hit a giant pothole in recent days, investors in the next generation of U.S. auto manufacturers are seeking the exit ramp.   The electric truck maker slumped 19% on Monday after disclosing both founder and Chief Executive Steve Burns and Chief Financial Officer Julio Rodriguez were resigning. The news came days after the company warned there was \"substantial doubt\" about its ability to continue as a going concern in the next year due to problems in funding production.     Shares are stabilizing on Tuesday, trading marginally higher at $9.30, but the company's stock is still down nearly 70% since Feb. 11.    Some investors may be more concerned by the fact Lordstown is now below the $10 price which special purpose acquisition companies (SPACs) sell their stock to the public. Lordstown went public last October through a merger with blank-check firm DiamondPeak Holdings Corp.   SPACs have sped into the electric vehicle $(EV)$ market, hoping to hitch their wagon to the next Tesla Inc   . Since the start of 2021, there have been a number of announced mergers: one such deal, for Proterra, just completed and the bus maker started trading on the Nasdaq on Tuesday.   So far, it's not been the debut Proterra and its SPAC backers, ArcLight Clean Transition Corp, would have hoped for. Shares are now down around 4%.     Other SPACs due to merge with EV manufacturers have also been run over by the Lordstown developments. Churchill Capital Corp IV    is down another 5% on Tuesday, taking its losses since Wednesday's close to around 13.5%. Decarbonization Plus Acquisition Corp    is off 1.8% on Tuesday.   Lordstown isn't the first SPAC-backed EV manufacturer to get a puncture either. Nikola Corporation    was initially turbo-charged, trading intraday at nearly $94 within a week of its listing, but then questions were raised about its technology, regulatory investigations began and the founder resigned.   Nikola is down 9.8% on Tuesday at $15.50.   EV aren't likely to be a road to nowhere: a June 3 report from Pew Research Center said 39% of Americans would consider going electric the next time they shop for a car. Meanwhile, companies including Amazon.com Inc    and Fedex Corp  are making huge commitments to electrify their fleets.   Like buying the real thing, investors need to be doing their research on EV manufacturers, so they aren't stuck with a lemon.   (David French)   *****   U.S. DOLLAR OUTLOOK DEPENDS ON FED'S INFLATION VIEW -BOFA (1240 EDT/1640 GMT)   BoFA Securities said in its latest research note on Tuesday that the fate of the U.S. dollar rests on the Federal Reserve, which releases its statement on monetary policy on Wednesday after its two-day meeting.   It noted that the combination of a dovish Fed and higher inflation is negative for the dollar because of negative real rates and the risks to the Fed's inflation credibility.   But \"if the Fed reacts to higher inflation by tightening its policies, the correlation flips and the U.S. dollar will appreciate, at least in the short term,\" BofA said.   Once the dust settles though from the current base effects, the economy runs the risk of inflation ending well above the Fed's flexible average inflation targeting (FAIT), BofA says. That should push the Fed to normalize monetary policy, which should be a positive for the dollar.   \"Inflation expectations remain anchored for now, but this is because the market is already pricing some policy normalization in the next two years; they will not remain anchored if the Fed does not respond to higher inflation,\" the U.S. bank said.   The U.S. dollar index is currently little changed at 90.532 . Over the last two months, the dollar has been down nearly 1%.   (Gertrude Chavez-Dreyfuss)   ******    DATA PART DEUX: PRODUCTION GAINS STEAM, HOMEBUILDING LOSES HEAT (1155 EDT/1555 GMT)   Round two of Tuesday's data-palooza provided signs that the U.S. economy is rounding the bend back to pre-pandemic levels, but rocks remain in that last stretch to the finish line.    Industrial output    unexpectedly gained steam in May according to the Federal Reserve, rising 0.8% versus the 0.6% consensus, although April's gain was sharply reduced to a paltry 0.1%.     The growth was largely attributable to a bounce-back in automobile production, which nonetheless remains hobbled by a global microchip drought.   \"Looking ahead, hearty goods demand, rising business investment, and revitalizing external activity will keep industrial production on a solid expansionary path,\" writes Oren Klachkin, lead U.S. economist at Oxford Economics. \"Roadblocks to stronger production from supply chain and hiring challenges will start to be removed in the latter half of 2021, supporting strong activity.\"   Capacity utilization   , a barometer of economic slack, showed better-than-expected improvement, gaining 60 basis points to 75.2%, closing in on the pre-pandemic 76.3%.   A report from the Commerce Department showed goods held in the store rooms of U.S. businesses    shrank by 0.2% in April, more than analysts anticipated.     It was the first monthly decline since last July.   But retail inventories, excluding motor vehicles, rose by 0.6%, an acceleration from March's 0.5% increase, yet another indication that car manufacturers remain constrained by the afore-mentioned chip shortage.   Inventories were a drag on first-quarter GDP as U.S. firms began to contend with hobbled supply chains, and the April business inventories reading, notching its first drop in nine months suggests that drag could carry on through the current quarter.   \"Labor constraints, shipping delays, and high input costs will limit inventory gains,\" Klachkin adds. \"But we look for those challenges to ease as better health conditions and reopenings bring the supply side of the economy back online.\"   And finally our data deluge concludes with news from the erstwhile star of the economic recovery: the housing market.   The COVID crisis caused a demand stampede, as homebuyers painted \"suburbs or bust\" on their SUVs and fled the cities in search of elbow room and home office space.    That rush drove inventories to record lows, which in turn gave robust support to the homebuilding sector.   But heightened demand has also collided with stricken supply chains and a dearth of building materials, launching home prices into orbit and dampening the homebuilding party.   The National Association of Homebuilders' (NAHB) Housing Market index   , also known as homebuilder sentiment, has shed 2 points this month to a still-sunny reading of 81.   It was the index's lowest level since August of last year.   \"Higher costs and declining availability for softwood lumber and other building materials pushed down builder sentiment in June,\" said NAHB chairman Chuck Fowke. \"These higher costs have moved some new homes beyond the budget of prospective buyers, which has slowed the strong pace of home building.\"   The selling mood on Wall Street remains entrenched in late morning, with all three major U.S. stock indexes well inside negative territory.   Rising crude prices    helped promote energy shares  to the head of the gainers' class.   (Stephen Culp)   *****   NEW YORK APARTMENT RENTS POP AS BANKS DIS REMOTE WORK (1045 EDT/1445 GMT   Perhaps bankers in the Big Apple didn't get the memo on remote work, or are hearing a different tune than big tech on the West Coast.   While all gateway markets are showing signs of recovery in apartment rentals, some are recovering faster than others, with a notable difference between New York and Seattle and San Francisco, according to Yardi Matrix.   Apartment rents increased 3.4% on a month-over-month basis in New York in May, well above the other top 30 U.S. metro areas that Yardi tracks in its National Multifamily Report.   Seattle and San Francisco rebounded, but only at 0.2% and 0.3% growth month over month, respectively, said Yardi, which researches U.S. commercial real estate.   The difference could be due to the type of industries in the three cities and their return-to-work plans, Yardi said.   New York banks are requiring employees to return to the office this summer, while tech workers in Seattle and San Francisco are more likely to be able to work on a hybrid or fully remote schedule, Yardi said.   James Gorman, chief executive at Morgan Stanley   , said Monday that if most employees are not back at the bank's Manhattan headquarters in September, he will be \"very disappointed.\"   Facebook Inc    said last week it was opening up remote work as an option to all levels of employees across the company, starting on Tuesday, and expects to reopen all its U.S. offices by October.     Alphabet Inc's Google    and Microsoft Corp   , have given employees options to choose their work location and remote work preferences.    Multifamily rents rose 2.5% year-over-year in May to almost exactly where rent growth was in March 2020 when the coronavirus pandemic hit, Yardi said.   Rents grew $12 in May to $1,428, the largest one-month increase in Yardi's data set history, it said.    (Herbert Lash)       *****   DATA ROUND ONE: RETAIL SALES, PPI, EMPIRE STATE (1000 EDT/1400 GMT)   An onslaught of reports unleashed on Tuesday suggests an economy entering a new phase of recovery from the pandemic recession, with freshly-jabbed consumers leaving their houses to find inflation running hotter than the weather.        Sales at U.S. retailers    fell 1.3% last month according to the Commerce Department, steeper than the anticipated 0.8% drop, reversing April's upwardly-revised 0.9% gain.     In part, the decline reflects consumer demand pivoting back from goods to customer-facing services as more Americans are inoculated and taking advantage of lifting social distancing restrictions.    Receipts at bars/restaurants and department stores, for example, jumped by 1.8% and 1.6%, respectively, and gasoline sales rose by 0.7%.   On the other hand, sales of home improvement goods plunged by 5.9% and home electronics slid 3.4%.   The overall pullback suggests a \"satiated demand for goods\" as \"higher prices weighed on consumers’ buying attitudes,\" writes Gregory Daco, chief U.S. economist at Oxford Economics.     \"While some will interpret this as a sign of wary households,\" Daco adds, the report signals \"ongoing demand rotation as vaccinated consumers splurge on services.   Core retail sales, which excludes autos, gasoline, building materials and food services - and corresponds closely with the personal consumption component of GDP - dropped by 0.7%.   A report from the Labor Department showed the producer price index (PPI)    - or the prices U.S. goods makers get for their wares at the factory loading dock - rose at a faster pace in May than analysts expected.   Monthly headline PPI rose by 0.8%, running hotter than the 0.6% growth projected by economists.   On an annual basis, core PPI - which strips out food, energy and trade services - accelerated to 5.3% from April's 4.6% pace.   \"Headline, core and core ex-trade services prices are well above the 2% target,\" notes Rubeela Farooqi, chief U.S. economist at High Frequency Economics. \"However, the Fed is expected to continue to view building pressures as transient.\"   The graphic below shows how year-over-year core PPI stacks up among other major indicators relative to the Fed's average annual 2% target:   The demand U-turn away from goods back to services appears to be showing itself in data from the New York Fed, which showed manufacturing activity in New York State stepped on the brakes in May.   The New York Federal Reserve's Empire State index  plunged nearly seven points to a reading of 17.4, well below the 23 consensus.   An Empire State number above zero signifies increased activity over the previous month.   \"Manufacturing is doing well, but activity is no longer accelerating,\" says Ian Shepherdson, chief economist at Pantheon Macroeconomics.    But Shepherdson outpoints unfilled orders and prices paid components \"suggests a marginal easing of supply constraints,\" a welcome development amid the ongoing demand/supply imbalance.   But Tuesday isn't done with us. Industrial production, inventories and homebuilder sentiment remain on tap.    Investors were taking a breather out of the starting gate, with the S&P 500 and the Nasdaq slipping back from Monday's record closing highs.       (Stephen Culp)   *****   S&P 500: SLEEPWALKING (0900 EDT/1300 GMT)   The S&P 500    posted another record close on Monday. While only about halfway into June, that marked its 29th record-high finish so far this year vs 33 for all of 2020.   Despite the levitation, SPX action in many ways has grown zombie-like. Monday's range as a percentage of the prior session's close was just 0.51%. With this, nearly half of the 18 smallest daily ranges so far this year, have occurred in the past 13 trading days. For the week, the SPX is on track for its tightest range since September 22, 2017.   Meanwhile, volatility close-to-close, on a weekly basis, has contracted to its lowest level since mid-January 2020, or roughly one month ahead of the February 2020 market top:   Implied volatility has also recently collapsed. The CBOE Volatility Index    ended last Friday at its lowest level since February 20, 2020, or one day after the SPX's February 19, 2020 peak.   Thus, with significant event risks this week in the form of the FOMC Meeting results on Wednesday  , and a quadruple-witching Friday  , the benchmark index appears especially ripe for much more spirited action.   It now remains to be seen whether the SPX will soon begin a well-rested sprint, or if it will be shaken from its slumber by something that goes bump in the night.   (Terence Gabriel)   *****    FOR TUESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:      <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SPX06152021     Retail sales     Inflation     Empire State     Industrial production     Business inventories     NAHB       ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160677673,"gmtCreate":1623798392392,"gmtModify":1634028189206,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/160677673","repostId":"2143680537","repostType":4,"repost":{"id":"2143680537","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":1623797252,"share":"https://www.laohu8.com/m/news/2143680537?lang=&edition=full","pubTime":"2021-06-16 06:47","market":"us","language":"en","title":"Wall Street ends down as data spooks investors awaiting Fed report","url":"https://stock-news.laohu8.com/highlight/detail?id=2143680537","media":"Reuters","summary":"Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wedn","content":"<p>Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.</p>\n<p>Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.</p>\n<p>Data showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.</p>\n<p>“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”</p>\n<p>The Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.</p>\n<p>The benchmark S&amp;P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.</p>\n<p>However, the S&amp;P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.</p>\n<p>The Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&amp;P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.</p>\n<p>Seven of the 11 major S&amp;P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.</p>\n<p>The largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]</p>\n<p>In corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.</p>\n<p>Having slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.</p>\n<p>Volume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.</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>Wall Street ends down as data spooks investors awaiting Fed report</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\">\nWall Street ends down as data spooks investors awaiting Fed report\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\">2021-06-16 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.</p>\n<p>Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.</p>\n<p>Data showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.</p>\n<p>“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”</p>\n<p>The Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.</p>\n<p>The benchmark S&amp;P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.</p>\n<p>However, the S&amp;P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.</p>\n<p>The Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&amp;P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.</p>\n<p>Seven of the 11 major S&amp;P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.</p>\n<p>The largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]</p>\n<p>In corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.</p>\n<p>Having slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.</p>\n<p>Volume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UPRO":"三倍做多标普500ETF","UDOW":"道指三倍做多ETF-ProShares","QID":"纳指两倍做空ETF","DDM":"道指两倍做多ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","BA":"波音","IVV":"标普500指数ETF","SPXU":"三倍做空标普500ETF","DJX":"1/100道琼斯","DOG":"道指反向ETF","SQQQ":"纳指三倍做空ETF","OEF":"标普100指数ETF-iShares","QLD":"纳指两倍做多ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","PSQ":"纳指反向ETF",".SPX":"S&P 500 Index","SDOW":"道指三倍做空ETF-ProShares","OEX":"标普100","TQQQ":"纳指三倍做多ETF","SDS":"两倍做空标普500ETF","QQQ":"纳指100ETF","DXD":"道指两倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143680537","content_text":"Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.\nAssurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.\nData showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.\n“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.\n“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”\nThe Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.\nThe benchmark S&P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.\nHowever, the S&P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.\nThe Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.\nSeven of the 11 major S&P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.\nThe largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]\nIn corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.\nHaving slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.\nVolume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.\nThe S&P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":160677673,"gmtCreate":1623798392392,"gmtModify":1634028189206,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/160677673","repostId":"2143680537","repostType":4,"repost":{"id":"2143680537","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":1623797252,"share":"https://www.laohu8.com/m/news/2143680537?lang=&edition=full","pubTime":"2021-06-16 06:47","market":"us","language":"en","title":"Wall Street ends down as data spooks investors awaiting Fed report","url":"https://stock-news.laohu8.com/highlight/detail?id=2143680537","media":"Reuters","summary":"Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wedn","content":"<p>Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.</p>\n<p>Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.</p>\n<p>Data showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.</p>\n<p>“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”</p>\n<p>The Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.</p>\n<p>The benchmark S&amp;P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.</p>\n<p>However, the S&amp;P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.</p>\n<p>The Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&amp;P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.</p>\n<p>Seven of the 11 major S&amp;P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.</p>\n<p>The largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]</p>\n<p>In corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.</p>\n<p>Having slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.</p>\n<p>Volume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.</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>Wall Street ends down as data spooks investors awaiting Fed report</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\">\nWall Street ends down as data spooks investors awaiting Fed report\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\">2021-06-16 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.</p>\n<p>Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.</p>\n<p>Data showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.</p>\n<p>“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”</p>\n<p>The Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.</p>\n<p>The benchmark S&amp;P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.</p>\n<p>However, the S&amp;P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.</p>\n<p>The Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&amp;P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.</p>\n<p>Seven of the 11 major S&amp;P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.</p>\n<p>The largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]</p>\n<p>In corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.</p>\n<p>Having slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.</p>\n<p>Volume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UPRO":"三倍做多标普500ETF","UDOW":"道指三倍做多ETF-ProShares","QID":"纳指两倍做空ETF","DDM":"道指两倍做多ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","BA":"波音","IVV":"标普500指数ETF","SPXU":"三倍做空标普500ETF","DJX":"1/100道琼斯","DOG":"道指反向ETF","SQQQ":"纳指三倍做空ETF","OEF":"标普100指数ETF-iShares","QLD":"纳指两倍做多ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","PSQ":"纳指反向ETF",".SPX":"S&P 500 Index","SDOW":"道指三倍做空ETF-ProShares","OEX":"标普100","TQQQ":"纳指三倍做多ETF","SDS":"两倍做空标普500ETF","QQQ":"纳指100ETF","DXD":"道指两倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143680537","content_text":"Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.\nAssurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.\nData showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.\n“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.\n“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”\nThe Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.\nThe benchmark S&P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.\nHowever, the S&P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.\nThe Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.\nSeven of the 11 major S&P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.\nThe largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]\nIn corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.\nHaving slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.\nVolume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.\nThe S&P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161079207,"gmtCreate":1623898342209,"gmtModify":1631889812148,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/161079207","repostId":"2144719188","repostType":4,"isVote":1,"tweetType":1,"viewCount":373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160205926,"gmtCreate":1623798677365,"gmtModify":1631889812155,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160205926","repostId":"1175265694","repostType":4,"repost":{"id":"1175265694","pubTimestamp":1623798171,"share":"https://www.laohu8.com/m/news/1175265694?lang=&edition=full","pubTime":"2021-06-16 07:02","market":"us","language":"en","title":"Nintendo Says Next Zelda Game Will Be Released Next Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1175265694","media":"Bloomberg","summary":"Nintendo Co. said its highly anticipated next game in the Zelda franchise, a sequel to Breath of the","content":"<p>Nintendo Co.&nbsp;said its highly anticipated next game in the Zelda franchise, a sequel to Breath of the Wild, will be out in 2022.</p>\n<p>The company didn’t share a final title or many other details, although a brief trailer showcased the game’s hero, Link, using abilities that weren’t in the first game. Series producer Eiji Aonuma said the sequel would take place in the skies above the first game’s world.</p>\n<p>In a pre-recorded presentation Tuesday as part of the E3 video game showcase, Nintendo didn’t mention the rumored upgraded version of the Switch, which is expected to be released later this year. The Japanese company plans to introduce a new model with a 7-inch OLED display and a faster graphics chip,Bloomberg previously reported.</p>\n<p>Nintendo’s promotional video was full of fan-pleasing announcements such as Metroid Dread and WarioWare Get It Together, both coming out on Switch this fall. The company also showcased role-playing game Shin Megami Tensei V and said the beloved, niche novel collection Danganronpa, which is available on other platforms, would be coming to Switch.</p>","source":"lsy1584095487587","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>Nintendo Says Next Zelda Game Will Be Released Next Year</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\">\nNintendo Says Next Zelda Game Will Be Released Next Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 07:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/nintendo-says-next-zelda-game-will-be-released-next-year?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nintendo Co. said its highly anticipated next game in the Zelda franchise, a sequel to Breath of the Wild, will be out in 2022.\nThe company didn’t share a final title or many other details, although a...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/nintendo-says-next-zelda-game-will-be-released-next-year?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NTDOY":"任天堂"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/nintendo-says-next-zelda-game-will-be-released-next-year?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175265694","content_text":"Nintendo Co. said its highly anticipated next game in the Zelda franchise, a sequel to Breath of the Wild, will be out in 2022.\nThe company didn’t share a final title or many other details, although a brief trailer showcased the game’s hero, Link, using abilities that weren’t in the first game. Series producer Eiji Aonuma said the sequel would take place in the skies above the first game’s world.\nIn a pre-recorded presentation Tuesday as part of the E3 video game showcase, Nintendo didn’t mention the rumored upgraded version of the Switch, which is expected to be released later this year. The Japanese company plans to introduce a new model with a 7-inch OLED display and a faster graphics chip,Bloomberg previously reported.\nNintendo’s promotional video was full of fan-pleasing announcements such as Metroid Dread and WarioWare Get It Together, both coming out on Switch this fall. The company also showcased role-playing game Shin Megami Tensei V and said the beloved, niche novel collection Danganronpa, which is available on other platforms, would be coming to Switch.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167283471,"gmtCreate":1624270629293,"gmtModify":1631889812131,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"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/167283471","repostId":"1135743520","repostType":4,"repost":{"id":"1135743520","pubTimestamp":1624268918,"share":"https://www.laohu8.com/m/news/1135743520?lang=&edition=full","pubTime":"2021-06-21 17:48","market":"us","language":"en","title":"Nvidia Is A Real Threat, But AMD Has Proven Its Mettle","url":"https://stock-news.laohu8.com/highlight/detail?id=1135743520","media":"seekingalpha","summary":"Summary\n\nAMD has outmaneuvered Intel despite having a much smaller R&D budget and looks to continue ","content":"<p><b>Summary</b></p>\n<ul>\n <li>AMD has outmaneuvered Intel despite having a much smaller R&amp;D budget and looks to continue its superiority.</li>\n <li>NVDA is AMD’s true challenger with its foray into Arm-based architecture CPU that’s expected to provide huge revenue growth in the enterprise server market.</li>\n <li>With NVDA’s dominance in data center GPU and its impending CPU’s entry, the Xilinx acquisition through its FPGA’s leadership may prove to be the silver lining.</li>\n</ul>\n<p><b>Shrugging off Intel Yet Again</b></p>\n<p>This excellent recent technical piece byTom's Hardwaresummed up Advanced Micro Devices' (AMD) superior technological edge over Intel (INTC) in numerous key areas such that INTC investors may be left wondering whether the company will ever resume the lead again? AMD clearly outperformed INTC in multiple categories and offers its users the best \"performance-per-dollar\" experience that investors may be forgiven to think that AMD is actually the outright market share leader right now.</p>\n<p>In addition, INTC's comfort zone in integrated graphics card in the retail market will be facing competition from AMD soon when it launches theCezanne Ryzen 5000 APUs in Augustthat will mark the company's first integrated APU foray targeting the retail Desktop PC market to further extend AMD's lead in the categories that it has been dominating lately below:</p>\n<ul>\n <li>Gaming performance: Tie in mass market. AMD's lead in the high end segment.</li>\n <li>Productivity and Content Creation Performance (Non-gaming): AMD is the clear winner.</li>\n <li>Processor specifications and features: AMD is the clear winner.</li>\n <li>Overclocking potential: INTC is the clear winner.</li>\n <li>Power consumption and heat: AMD is the clear winner.</li>\n <li>Lithography: AMD is the clear winner.</li>\n <li>CPU drivers and software: INTC is the clear winner.</li>\n <li>CPU Architecture: AMD is the clear winner.</li>\n <li>CPU Security: AMD is the clear winner.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/f047f08c397e194e78cab2a740fc0d21\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\">Market share of AMD x86 CPUs worldwide. Data source:Tom's Hardware, Mercury Research</p>\n<p>Therefore, it should not be surprising that INTC owned 79.3% of the x86 CPU market in Q1'21, down from a high of 89.4% in Q3'18. INTC has lost over 10% points of its market share in less than 3 years as AMD's technical superiority over INTC and its astute R&amp;D focus is likely to push AMD forward to further slice up INTC's CPU dominance.</p>\n<p><img src=\"https://static.tigerbbs.com/414a266ab3ac4d1464ea991496ec45eb\" tg-width=\"1280\" tg-height=\"747\" referrerpolicy=\"no-referrer\"></p>\n<p>INTC and AMD R&amp;D. Data source: S&amp;P Capital IQ</p>\n<p>What's even more surprising for INTC's technological blunders is that the company spent a huge amount of its revenue on R&amp;D (INTC LTM R&amp;D: $15.12B), with a budget that is 7x of what AMD (AMD LTM R&amp;D: $2.15B) spent. Moreover, AMD has been\"very disciplined\"with its R&amp;D spending as we could see LTM R&amp;D margin going down as a percentage of revenue from 24% in Q1'19 to 18.8% in Q1'21, and all this while gaining market share against INTC.</p>\n<p>Against this backdrop, INTC's R&amp;D margin has remained consistent as it continued to spend between 19.5% and 20.7% of its revenue over the same period. This goes to show that the folks over at AMD have really attained a very high level of R&amp;D proficiency, coupled with the much smaller R&amp;D budget as compared to what INTC had. AMD has demonstrated that the size of R&amp;D budgets alone may not necessarily win the game in this highly competitive industry. It's where and how you invest the budget that counted the most, and AMD surely had their R&amp;D investments all in the right areas.</p>\n<p><b>The Real Challenger is Nvidia</b></p>\n<p><img src=\"https://static.tigerbbs.com/09d511b3edfc99061c935f9269fbfc99\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\"></p>\n<p>AMD and Nvidia (NVDA) discrete GPU [dGPU] shipment share. Data source: Jon Peddie Research</p>\n<p>While AMD seemed to have a relatively easy time in the CPU market against INTC, the same cannot be said in the dGPU accelerator market against the clear leader: NVDA. In fact, NVDA has further consolidated its lead in this market from its 72% shipment share in Q1'19 to 81% in Q1'21, further weakening AMD's grip in this segment.</p>\n<p>In addition, with NVDA's pending ARM acquisition (the company is expecting to close the deal in early 2022) and itsGrace Arm-based data center CPUfor AI and high-performance computing [HPC] in early 2023, NVDA has made it clear that it intended to further extend its TAM by also crossing over to INTC's and AMD's customary stronghold.</p>\n<p><img src=\"https://static.tigerbbs.com/2dd02b6f4c410982840bf2fa3a4eae39\" tg-width=\"932\" tg-height=\"576\" referrerpolicy=\"no-referrer\"></p>\n<p>Revenue from AI-driven hardware market. Data source: Tractica</p>\n<p>By referring to the chart above, investors should be able to observe clearly how crossing over to the CPU market would further extend its TAM for NVDA as that market (CPU, ASIC, FPGA, SoC) is expected to drive the largest sources of revenue which is expected to be more than 3x the data center GPU accelerator market that NVDA already owns a90% share in.</p>\n<p>AMD has also consolidated its position in this market on the pending closure of its Xilinx (XLNX) acquisition by the end of 2021. As this acquisition would provide the company the market leadership in FPGA, which have been discussedwidelyin thetech communityon whether it's better than GPU accelerators for AI. I find that the FPGA leadership would add another important element to defend AMD against NVDA's impending entry into the CPU segment, which if executed well could still represent a formidable challenge against NVDA in the growing AI-driven hardware market which is expected to grow rapidly.</p>\n<p>Therefore, the jury is still out on whether NVDA's foray into the data center CPU market would take significant market share away from AMD. However, one thing for sure, NVDA is going to likely be using its own Arm-based Grace CPUs in the future, and AMD may thus lose this share of revenue from NVDA. It's still too early to determine the likely revenue impact as AMD may likely offset it from other revenue streams, even if it does not partake in NVDA's GPU-driven growth in the future by supplying them with its CPUs.</p>\n<p>What's more of a concern though is whether NVDA's Arm-based CPU would become the future leader that may render AMD's and INTC's x86-based CPUs less relevant. In addition, the competition does not just come from the processor itself as NVDA has the CUDA X SDK that offers a clear competitiveadvantage over AMD's Rocmthrough its strong and growing community of developers.</p>\n<p><img src=\"https://static.tigerbbs.com/2225e1fd5cb9b8edef925d2c35634a7a\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\"></p>\n<p>Performance of Armed-based processors vs x86. Data source: Wikibon</p>\n<p>In the above study, we could see clearly that for matrix workloads that typically require large amounts of data to be processed, the performance of Arm-based processors was found to be 50x better than x86 architecture, while for traditional workloads, x86 had the slight edge. Therefore, for deep-learning, machine learning and AI-driven workloads, it seems that NVDA's Grace CPU may have a strong fighting chance of taking away market share from AMD and INTC, if we assume that both companies do not assimilate Arm architecture into its future design.</p>\n<p>This may also be further complicated if NVDA is able to successfully complete the Arm acquisition, ramifications of which are currently unknown, even though the tech behemoths have already made their objections to NVDA's acquisition, in the view that theymay not be grantedthe same level of access after the acquisition.</p>\n<p><img src=\"https://static.tigerbbs.com/ba5c29e58a9f0b09f93028057773e2b9\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\"></p>\n<p>Arm-based enterprise server processor revenue projections. Data source: Wikibon</p>\n<p>Furthermore, the revenue for Arm-based enterprise server is expected to grow rapidly from just $4.1B in 2019 to $82B by 2030, which would represent a phenomenal CAGR of 31.3%.</p>\n<p>A silver lining here is that AMD has clarified multiple times that it has the right capability to work with Arm's architecture if necessary:</p>\n<blockquote>\n So look, we know the ARM architecture well. Certainly, our engineers know it well. And we consider ARM a partner in many respects. We use ARM IP in various aspects of our devices. In terms of that specific custom ARM design, we don't have that in plans right now. In terms of whether we would do custom ARM designs, I think the answer is yes. That's the whole idea of the semi-custom business. And so I think it's less about ARM versus x86 and much more about having the right IP in the right sort of combination to satisfy sort of the customer solutions.\n</blockquote>\n<p>One key aspect here is that AMD currently doesn't have any Arm-based design while NVDA will be launching its Grace CPUs in a little less than two years. While NVDA's entry with its Arm-based CPU is beginning soon, I believe AMD will be watching the developments very closely, and I expect the company to act decisively if it deems that an Arm-based product is absolutely necessary. The company has demonstrated the size of the R&amp;D budget doesn't really matter, and taking on a much bigger rival like INTC is not something that it's new to. Therefore, investors shouldn't think AMD will be out of the game so early on.</p>\n<p>Therefore, I believe that AMD and NVDA both represent great opportunities for investors to consider, and they should both act as a hedge against the other. As a result, owning both of these stocks should allow investors to participate in two marvelous companies that should be able to provide superior long term returns from their growth drivers.</p>\n<p><b>Price Action and Technical Analysis</b></p>\n<p><img src=\"https://static.tigerbbs.com/49cdf4023521b868dfd7acfd937eff64\" tg-width=\"1280\" tg-height=\"784\" referrerpolicy=\"no-referrer\"></p>\n<p>Source: TradingView</p>\n<p>AMD's strong long-term uptrend bias should offer investors a lot of confidence in what the market thinks of the company. The 50W MA has often acted as a strong support for a while now and offers investors an amazing opportunity to add more positions whenever the price retraced to the 50W, as recently as May, along the support level of $71.6. Therefore investors should find a possible entry point if the price retraces to that level in future.</p>\n<p>One caveat though is the flush-up in price that we observed in July 20 where in price action parlance, we usually refer to such a flush-up as bearish in nature (signifying possible bull trap price action). Therefore, the support level at $49 remains in play if this bull trap bearish signal should play out in the future. However, investors should use the $49 level as a point where they should add even more positions to this long term leader.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>AMD has demonstrated clearly that it could maintain a superior technological edge over its much larger CPU rival: INTC despite having a much smaller R&amp;D budget, which is indicative of its superior technological know-how and its high R&amp;D efficiencies. Investors in AMD should be assured of the company's bright prospects ahead.</p>","source":"seekingalpha","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>Nvidia Is A Real Threat, But AMD Has Proven Its Mettle</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\">\nNvidia Is A Real Threat, But AMD Has Proven Its Mettle\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 17:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435634-nvidia-real-threat-amd-proven-mettle><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAMD has outmaneuvered Intel despite having a much smaller R&D budget and looks to continue its superiority.\nNVDA is AMD’s true challenger with its foray into Arm-based architecture CPU that’s...</p>\n\n<a href=\"https://seekingalpha.com/article/4435634-nvidia-real-threat-amd-proven-mettle\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4435634-nvidia-real-threat-amd-proven-mettle","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1135743520","content_text":"Summary\n\nAMD has outmaneuvered Intel despite having a much smaller R&D budget and looks to continue its superiority.\nNVDA is AMD’s true challenger with its foray into Arm-based architecture CPU that’s expected to provide huge revenue growth in the enterprise server market.\nWith NVDA’s dominance in data center GPU and its impending CPU’s entry, the Xilinx acquisition through its FPGA’s leadership may prove to be the silver lining.\n\nShrugging off Intel Yet Again\nThis excellent recent technical piece byTom's Hardwaresummed up Advanced Micro Devices' (AMD) superior technological edge over Intel (INTC) in numerous key areas such that INTC investors may be left wondering whether the company will ever resume the lead again? AMD clearly outperformed INTC in multiple categories and offers its users the best \"performance-per-dollar\" experience that investors may be forgiven to think that AMD is actually the outright market share leader right now.\nIn addition, INTC's comfort zone in integrated graphics card in the retail market will be facing competition from AMD soon when it launches theCezanne Ryzen 5000 APUs in Augustthat will mark the company's first integrated APU foray targeting the retail Desktop PC market to further extend AMD's lead in the categories that it has been dominating lately below:\n\nGaming performance: Tie in mass market. AMD's lead in the high end segment.\nProductivity and Content Creation Performance (Non-gaming): AMD is the clear winner.\nProcessor specifications and features: AMD is the clear winner.\nOverclocking potential: INTC is the clear winner.\nPower consumption and heat: AMD is the clear winner.\nLithography: AMD is the clear winner.\nCPU drivers and software: INTC is the clear winner.\nCPU Architecture: AMD is the clear winner.\nCPU Security: AMD is the clear winner.\n\nMarket share of AMD x86 CPUs worldwide. Data source:Tom's Hardware, Mercury Research\nTherefore, it should not be surprising that INTC owned 79.3% of the x86 CPU market in Q1'21, down from a high of 89.4% in Q3'18. INTC has lost over 10% points of its market share in less than 3 years as AMD's technical superiority over INTC and its astute R&D focus is likely to push AMD forward to further slice up INTC's CPU dominance.\n\nINTC and AMD R&D. Data source: S&P Capital IQ\nWhat's even more surprising for INTC's technological blunders is that the company spent a huge amount of its revenue on R&D (INTC LTM R&D: $15.12B), with a budget that is 7x of what AMD (AMD LTM R&D: $2.15B) spent. Moreover, AMD has been\"very disciplined\"with its R&D spending as we could see LTM R&D margin going down as a percentage of revenue from 24% in Q1'19 to 18.8% in Q1'21, and all this while gaining market share against INTC.\nAgainst this backdrop, INTC's R&D margin has remained consistent as it continued to spend between 19.5% and 20.7% of its revenue over the same period. This goes to show that the folks over at AMD have really attained a very high level of R&D proficiency, coupled with the much smaller R&D budget as compared to what INTC had. AMD has demonstrated that the size of R&D budgets alone may not necessarily win the game in this highly competitive industry. It's where and how you invest the budget that counted the most, and AMD surely had their R&D investments all in the right areas.\nThe Real Challenger is Nvidia\n\nAMD and Nvidia (NVDA) discrete GPU [dGPU] shipment share. Data source: Jon Peddie Research\nWhile AMD seemed to have a relatively easy time in the CPU market against INTC, the same cannot be said in the dGPU accelerator market against the clear leader: NVDA. In fact, NVDA has further consolidated its lead in this market from its 72% shipment share in Q1'19 to 81% in Q1'21, further weakening AMD's grip in this segment.\nIn addition, with NVDA's pending ARM acquisition (the company is expecting to close the deal in early 2022) and itsGrace Arm-based data center CPUfor AI and high-performance computing [HPC] in early 2023, NVDA has made it clear that it intended to further extend its TAM by also crossing over to INTC's and AMD's customary stronghold.\n\nRevenue from AI-driven hardware market. Data source: Tractica\nBy referring to the chart above, investors should be able to observe clearly how crossing over to the CPU market would further extend its TAM for NVDA as that market (CPU, ASIC, FPGA, SoC) is expected to drive the largest sources of revenue which is expected to be more than 3x the data center GPU accelerator market that NVDA already owns a90% share in.\nAMD has also consolidated its position in this market on the pending closure of its Xilinx (XLNX) acquisition by the end of 2021. As this acquisition would provide the company the market leadership in FPGA, which have been discussedwidelyin thetech communityon whether it's better than GPU accelerators for AI. I find that the FPGA leadership would add another important element to defend AMD against NVDA's impending entry into the CPU segment, which if executed well could still represent a formidable challenge against NVDA in the growing AI-driven hardware market which is expected to grow rapidly.\nTherefore, the jury is still out on whether NVDA's foray into the data center CPU market would take significant market share away from AMD. However, one thing for sure, NVDA is going to likely be using its own Arm-based Grace CPUs in the future, and AMD may thus lose this share of revenue from NVDA. It's still too early to determine the likely revenue impact as AMD may likely offset it from other revenue streams, even if it does not partake in NVDA's GPU-driven growth in the future by supplying them with its CPUs.\nWhat's more of a concern though is whether NVDA's Arm-based CPU would become the future leader that may render AMD's and INTC's x86-based CPUs less relevant. In addition, the competition does not just come from the processor itself as NVDA has the CUDA X SDK that offers a clear competitiveadvantage over AMD's Rocmthrough its strong and growing community of developers.\n\nPerformance of Armed-based processors vs x86. Data source: Wikibon\nIn the above study, we could see clearly that for matrix workloads that typically require large amounts of data to be processed, the performance of Arm-based processors was found to be 50x better than x86 architecture, while for traditional workloads, x86 had the slight edge. Therefore, for deep-learning, machine learning and AI-driven workloads, it seems that NVDA's Grace CPU may have a strong fighting chance of taking away market share from AMD and INTC, if we assume that both companies do not assimilate Arm architecture into its future design.\nThis may also be further complicated if NVDA is able to successfully complete the Arm acquisition, ramifications of which are currently unknown, even though the tech behemoths have already made their objections to NVDA's acquisition, in the view that theymay not be grantedthe same level of access after the acquisition.\n\nArm-based enterprise server processor revenue projections. Data source: Wikibon\nFurthermore, the revenue for Arm-based enterprise server is expected to grow rapidly from just $4.1B in 2019 to $82B by 2030, which would represent a phenomenal CAGR of 31.3%.\nA silver lining here is that AMD has clarified multiple times that it has the right capability to work with Arm's architecture if necessary:\n\n So look, we know the ARM architecture well. Certainly, our engineers know it well. And we consider ARM a partner in many respects. We use ARM IP in various aspects of our devices. In terms of that specific custom ARM design, we don't have that in plans right now. In terms of whether we would do custom ARM designs, I think the answer is yes. That's the whole idea of the semi-custom business. And so I think it's less about ARM versus x86 and much more about having the right IP in the right sort of combination to satisfy sort of the customer solutions.\n\nOne key aspect here is that AMD currently doesn't have any Arm-based design while NVDA will be launching its Grace CPUs in a little less than two years. While NVDA's entry with its Arm-based CPU is beginning soon, I believe AMD will be watching the developments very closely, and I expect the company to act decisively if it deems that an Arm-based product is absolutely necessary. The company has demonstrated the size of the R&D budget doesn't really matter, and taking on a much bigger rival like INTC is not something that it's new to. Therefore, investors shouldn't think AMD will be out of the game so early on.\nTherefore, I believe that AMD and NVDA both represent great opportunities for investors to consider, and they should both act as a hedge against the other. As a result, owning both of these stocks should allow investors to participate in two marvelous companies that should be able to provide superior long term returns from their growth drivers.\nPrice Action and Technical Analysis\n\nSource: TradingView\nAMD's strong long-term uptrend bias should offer investors a lot of confidence in what the market thinks of the company. The 50W MA has often acted as a strong support for a while now and offers investors an amazing opportunity to add more positions whenever the price retraced to the 50W, as recently as May, along the support level of $71.6. Therefore investors should find a possible entry point if the price retraces to that level in future.\nOne caveat though is the flush-up in price that we observed in July 20 where in price action parlance, we usually refer to such a flush-up as bearish in nature (signifying possible bull trap price action). Therefore, the support level at $49 remains in play if this bull trap bearish signal should play out in the future. However, investors should use the $49 level as a point where they should add even more positions to this long term leader.\nWrapping It All Up\nAMD has demonstrated clearly that it could maintain a superior technological edge over its much larger CPU rival: INTC despite having a much smaller R&D budget, which is indicative of its superior technological know-how and its high R&D efficiencies. Investors in AMD should be assured of the company's bright prospects ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167283648,"gmtCreate":1624270616984,"gmtModify":1631889812132,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"Nice!&nbsp;","listText":"Nice!&nbsp;","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167283648","repostId":"1149447128","repostType":4,"repost":{"id":"1149447128","pubTimestamp":1624269214,"share":"https://www.laohu8.com/m/news/1149447128?lang=&edition=full","pubTime":"2021-06-21 17:53","market":"us","language":"en","title":"Cathie Wood Inspires Boom in New Funds That Upend ETF Order","url":"https://stock-news.laohu8.com/highlight/detail?id=1149447128","media":"Bloomberg","summary":"(Bloomberg) -- Not so long ago, actively managed ETFs were rare. Now they’re being created at twice ","content":"<p>(Bloomberg) -- Not so long ago, actively managed ETFs were rare. Now they’re being created at twice the rate of their passive rivals.</p>\n<p><img src=\"https://static.tigerbbs.com/75b983206c1659db2a1178ae685bc1dc\" tg-width=\"704\" tg-height=\"413\" referrerpolicy=\"no-referrer\"></p>\n<p>Inspired by the success of Cathie Wood’s ARK Innovation ETF (ticker ARKK), exchange-traded fund issuers have this year launched 115 active products versus just 51 passive funds, according to data compiled by Bloomberg.</p>\n<p>That’s the first time active launches have ever outstripped passive, and it’s powering the $6.5 trillion ETF market toward its busiest 12 months on record.</p>\n<p>It’s a comeback of sorts for stock pickers, and in an unlikely corner of Wall Street. Most active managers fail to beat their benchmarks net of fees -- a fact that has seen passive ETFs lure roughly $3 trillion over the past decade, while active funds gained only about $200 billion.</p>\n<p>But a combination of new rules and the enduring popularity of ETFs with investors means a slow but major shift is underway.</p>\n<p>“It’s almost impossible to start a small to medium hedge fund as a single manager,” said Nathan Miller, portfolio manager for New York-based Emles Advisors. “So we thought why go launch another hedge fund? Let’s launch an actively managed ETF.”</p>\n<p>The Emles Alpha Opportunities ETF (EOPS), which packages fast-money strategies in an exchange-traded wrapper, is one of the more recent active arrivals. It listed less than two weeks ago and already has about $66 million in assets.</p>\n<p>Major rule changes in late 2019 paved the way for funds like EOPS. It became easier to deploy stock-picking strategies in an ETF, and new structures evolved that would help keep exact investment strategies hidden.</p>\n<p>Active funds remain a small slice of the industry, and their assets make up just 3.4% of the overall ETF market. But that’s up from 2.7% a year ago. And in a sign the trend could continue, several large Wall Street firms who long held-out against ETFs are now embracing them.</p>\n<p><b>Thematic Boom</b></p>\n<p>Firms are also ramping up their thematic offerings, which invest according to compelling narratives like autonomous driving or sports betting.</p>\n<p>A record 22 thematic funds have launched since the start of the year, including Wood’s $619 million ARK Space Exploration ETF (ARKX) and BlackRock Inc.’s $1.4 billion U.S. Carbon Transition Readiness ETF (LCTU), which set a record in April with the industry’s biggest-ever launch.</p>\n<p>Roundhill Investments’ MVP ETF, which is focused on companies that own or support professional sports teams, Defiance’s Hotel Airline and Cruise ETF (CRUZ) and Bitwise Asset Management’s Crypto Industry Innovators ETF (BITQ) were among other thematic debuts.</p>\n<p><img src=\"https://static.tigerbbs.com/1ba7e61196a86a23b598ee23fa4d859a\" tg-width=\"705\" tg-height=\"398\" referrerpolicy=\"no-referrer\"></p>\n<p>For many, the aim is to tap the boom in retail investing that has seen individuals grow to comprise more than 20% of equity trading participation, according to Bloomberg Intelligence.</p>\n<p>“That’s really been a catalyst to help get some of these thematic ETFs off the ground quickly,” said Ben Slavin, head of ETFs for BNY Mellon Asset Servicing.</p>\n<p>Although not technically classified as a thematic fund, the retail-friendly VanEck Vectors Social Sentiment ETF (BUZZ) made waves earlier this year when it launched with an endorsement from Barstool Sports Inc. founder Dave Portnoy.</p>\n<p>The fund posted one of the best debuts in the industry’s history in March and currently has more than $243 million in assets.</p>\n<p><b>Hanging On</b></p>\n<p>As the new-arrival count surges, the number of exiting funds has plunged.</p>\n<p>So far this year, only 19 ETFs have liquidated or delisted, according to data compiled by Bloomberg. That compares with 104 in the first half of 2020, and 79 during the same period in 2019.</p>\n<p>Much of that endurance can be attributed to the bull market. Stocks have been repeatedly breaking records and cash has been flowing readily through the market. About 67% of U.S.-listed ETFs have taken in cash so far in 2021, according to Bloomberg Intelligence -- meaning issuers are less likely to pull the plug.</p>\n<p>“There’s generally increased optimism as we come out of the pandemic, and people are more excited and feeling more optimistic about their business development,” said Amrita Nandakumar, president of Vident Investment Advisory. “Fundraising is easier in a bull market.”</p>\n<p><img src=\"https://static.tigerbbs.com/64280781905ddf7c1ea631049965afd0\" tg-width=\"705\" tg-height=\"398\"></p>","source":"lsy1584095487587","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>Cathie Wood Inspires Boom in New Funds That Upend ETF Order</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\">\nCathie Wood Inspires Boom in New Funds That Upend ETF Order\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 17:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/passive-investing-world-turned-upside-120000358.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Not so long ago, actively managed ETFs were rare. Now they’re being created at twice the rate of their passive rivals.\n\nInspired by the success of Cathie Wood’s ARK Innovation ETF (...</p>\n\n<a href=\"https://finance.yahoo.com/news/passive-investing-world-turned-upside-120000358.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/passive-investing-world-turned-upside-120000358.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149447128","content_text":"(Bloomberg) -- Not so long ago, actively managed ETFs were rare. Now they’re being created at twice the rate of their passive rivals.\n\nInspired by the success of Cathie Wood’s ARK Innovation ETF (ticker ARKK), exchange-traded fund issuers have this year launched 115 active products versus just 51 passive funds, according to data compiled by Bloomberg.\nThat’s the first time active launches have ever outstripped passive, and it’s powering the $6.5 trillion ETF market toward its busiest 12 months on record.\nIt’s a comeback of sorts for stock pickers, and in an unlikely corner of Wall Street. Most active managers fail to beat their benchmarks net of fees -- a fact that has seen passive ETFs lure roughly $3 trillion over the past decade, while active funds gained only about $200 billion.\nBut a combination of new rules and the enduring popularity of ETFs with investors means a slow but major shift is underway.\n“It’s almost impossible to start a small to medium hedge fund as a single manager,” said Nathan Miller, portfolio manager for New York-based Emles Advisors. “So we thought why go launch another hedge fund? Let’s launch an actively managed ETF.”\nThe Emles Alpha Opportunities ETF (EOPS), which packages fast-money strategies in an exchange-traded wrapper, is one of the more recent active arrivals. It listed less than two weeks ago and already has about $66 million in assets.\nMajor rule changes in late 2019 paved the way for funds like EOPS. It became easier to deploy stock-picking strategies in an ETF, and new structures evolved that would help keep exact investment strategies hidden.\nActive funds remain a small slice of the industry, and their assets make up just 3.4% of the overall ETF market. But that’s up from 2.7% a year ago. And in a sign the trend could continue, several large Wall Street firms who long held-out against ETFs are now embracing them.\nThematic Boom\nFirms are also ramping up their thematic offerings, which invest according to compelling narratives like autonomous driving or sports betting.\nA record 22 thematic funds have launched since the start of the year, including Wood’s $619 million ARK Space Exploration ETF (ARKX) and BlackRock Inc.’s $1.4 billion U.S. Carbon Transition Readiness ETF (LCTU), which set a record in April with the industry’s biggest-ever launch.\nRoundhill Investments’ MVP ETF, which is focused on companies that own or support professional sports teams, Defiance’s Hotel Airline and Cruise ETF (CRUZ) and Bitwise Asset Management’s Crypto Industry Innovators ETF (BITQ) were among other thematic debuts.\n\nFor many, the aim is to tap the boom in retail investing that has seen individuals grow to comprise more than 20% of equity trading participation, according to Bloomberg Intelligence.\n“That’s really been a catalyst to help get some of these thematic ETFs off the ground quickly,” said Ben Slavin, head of ETFs for BNY Mellon Asset Servicing.\nAlthough not technically classified as a thematic fund, the retail-friendly VanEck Vectors Social Sentiment ETF (BUZZ) made waves earlier this year when it launched with an endorsement from Barstool Sports Inc. founder Dave Portnoy.\nThe fund posted one of the best debuts in the industry’s history in March and currently has more than $243 million in assets.\nHanging On\nAs the new-arrival count surges, the number of exiting funds has plunged.\nSo far this year, only 19 ETFs have liquidated or delisted, according to data compiled by Bloomberg. That compares with 104 in the first half of 2020, and 79 during the same period in 2019.\nMuch of that endurance can be attributed to the bull market. Stocks have been repeatedly breaking records and cash has been flowing readily through the market. About 67% of U.S.-listed ETFs have taken in cash so far in 2021, according to Bloomberg Intelligence -- meaning issuers are less likely to pull the plug.\n“There’s generally increased optimism as we come out of the pandemic, and people are more excited and feeling more optimistic about their business development,” said Amrita Nandakumar, president of Vident Investment Advisory. “Fundraising is easier in a bull market.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161079356,"gmtCreate":1623898322575,"gmtModify":1631889812151,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/161079356","repostId":"2144713861","repostType":4,"repost":{"id":"2144713861","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":1623883569,"share":"https://www.laohu8.com/m/news/2144713861?lang=&edition=full","pubTime":"2021-06-17 06:46","market":"us","language":"en","title":"Wall Street closes lower as Fed officials project rate hikes for 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2144713861","media":"Reuters","summary":"June 16  - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.The Fed cited an impr","content":"<p>June 16 (Reuters) - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.</p>\n<p>New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.</p>\n<p>The Fed cited an improved economic outlook, with overall economic growth expected to hit 7% this year. Still, investors were surprised to learn officials were mulling rate hikes earlier than 2024.</p>\n<p>\"At first blush, the dot plot which projected two hikes by 2023 was more hawkish than expected, and markets reacted as such,\" said Daniel Ahn, chief U.S. economist at <a href=\"https://laohu8.com/S/BNPQF\">BNP Paribas</a>.</p>\n<p>The benchmark 10-year Treasury yield rose on the Fed news, while the dollar index , which tracks the greenback against six major currencies, rose to a six-week peak.</p>\n<p>With inflation rising faster than expected and the economy bouncing back quickly, the market had been looking for clues of when the Fed may alter the policies put into place last year to combat the economic fallout from the pandemic, including a massive bond-buying program.</p>\n<p>The Fed reiterated its promise to await \"substantial further progress\" before beginning to shift to policies tuned to a fully open economy. It also held its benchmark short-term interest rate near zero and said it will continue to buy $120 billion in bonds each month to fuel the economic recovery.</p>\n<p>\"Chair Powell has signaled, while the committee is not yet ready to taper, it is now in the minds of the committee. They've retired the phrase 'thinking about thinking about tapering', and we expect that in the next few meetings, the committee will likely formally start discussions of tapering,\" BNP's Ahn said.</p>\n<p>The Dow Jones Industrial Average fell 265.66 points, or 0.77%, to 34,033.67, the S&amp;P 500 lost 22.89 points, or 0.54%, to 4,223.7 and the Nasdaq Composite dropped 33.17 points, or 0.24%, to 14,039.68.</p>\n<p>Only two of the S&amp;P's 11 main sector indexes ended in positive territory: consumer discretionary and retail.</p>\n<p>The decliners were led by utilities, materials, and consumer staples.</p>\n<p>Volume on U.S. exchanges was 10.90 billion shares, compared with the 10.38 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 25 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 95 new highs and 30 new lows.</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>Wall Street closes lower as Fed officials project rate hikes for 2023</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\">\nWall Street closes lower as Fed officials project rate hikes for 2023\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\">2021-06-17 06:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 16 (Reuters) - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.</p>\n<p>New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.</p>\n<p>The Fed cited an improved economic outlook, with overall economic growth expected to hit 7% this year. Still, investors were surprised to learn officials were mulling rate hikes earlier than 2024.</p>\n<p>\"At first blush, the dot plot which projected two hikes by 2023 was more hawkish than expected, and markets reacted as such,\" said Daniel Ahn, chief U.S. economist at <a href=\"https://laohu8.com/S/BNPQF\">BNP Paribas</a>.</p>\n<p>The benchmark 10-year Treasury yield rose on the Fed news, while the dollar index , which tracks the greenback against six major currencies, rose to a six-week peak.</p>\n<p>With inflation rising faster than expected and the economy bouncing back quickly, the market had been looking for clues of when the Fed may alter the policies put into place last year to combat the economic fallout from the pandemic, including a massive bond-buying program.</p>\n<p>The Fed reiterated its promise to await \"substantial further progress\" before beginning to shift to policies tuned to a fully open economy. It also held its benchmark short-term interest rate near zero and said it will continue to buy $120 billion in bonds each month to fuel the economic recovery.</p>\n<p>\"Chair Powell has signaled, while the committee is not yet ready to taper, it is now in the minds of the committee. They've retired the phrase 'thinking about thinking about tapering', and we expect that in the next few meetings, the committee will likely formally start discussions of tapering,\" BNP's Ahn said.</p>\n<p>The Dow Jones Industrial Average fell 265.66 points, or 0.77%, to 34,033.67, the S&amp;P 500 lost 22.89 points, or 0.54%, to 4,223.7 and the Nasdaq Composite dropped 33.17 points, or 0.24%, to 14,039.68.</p>\n<p>Only two of the S&amp;P's 11 main sector indexes ended in positive territory: consumer discretionary and retail.</p>\n<p>The decliners were led by utilities, materials, and consumer staples.</p>\n<p>Volume on U.S. exchanges was 10.90 billion shares, compared with the 10.38 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 25 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 95 new highs and 30 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","DDM":"道指两倍做多ETF","SH":"标普500反向ETF","OEX":"标普100",".SPX":"S&P 500 Index","SSO":"两倍做多标普500ETF","IVV":"标普500指数ETF","SPXU":"三倍做空标普500ETF","SQQQ":"纳指三倍做空ETF","DOG":"道指反向ETF","QLD":"纳指两倍做多ETF","OEF":"标普100指数ETF-iShares","DJX":"1/100道琼斯","PSQ":"纳指反向ETF","QID":"纳指两倍做空ETF","SDOW":"道指三倍做空ETF-ProShares","TQQQ":"纳指三倍做多ETF","SDS":"两倍做空标普500ETF","QQQ":"纳指100ETF","DXD":"道指两倍做空ETF","UPRO":"三倍做多标普500ETF",".DJI":"道琼斯","UDOW":"道指三倍做多ETF-ProShares",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144713861","content_text":"June 16 (Reuters) - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.\nNew projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.\nThe Fed cited an improved economic outlook, with overall economic growth expected to hit 7% this year. Still, investors were surprised to learn officials were mulling rate hikes earlier than 2024.\n\"At first blush, the dot plot which projected two hikes by 2023 was more hawkish than expected, and markets reacted as such,\" said Daniel Ahn, chief U.S. economist at BNP Paribas.\nThe benchmark 10-year Treasury yield rose on the Fed news, while the dollar index , which tracks the greenback against six major currencies, rose to a six-week peak.\nWith inflation rising faster than expected and the economy bouncing back quickly, the market had been looking for clues of when the Fed may alter the policies put into place last year to combat the economic fallout from the pandemic, including a massive bond-buying program.\nThe Fed reiterated its promise to await \"substantial further progress\" before beginning to shift to policies tuned to a fully open economy. It also held its benchmark short-term interest rate near zero and said it will continue to buy $120 billion in bonds each month to fuel the economic recovery.\n\"Chair Powell has signaled, while the committee is not yet ready to taper, it is now in the minds of the committee. They've retired the phrase 'thinking about thinking about tapering', and we expect that in the next few meetings, the committee will likely formally start discussions of tapering,\" BNP's Ahn said.\nThe Dow Jones Industrial Average fell 265.66 points, or 0.77%, to 34,033.67, the S&P 500 lost 22.89 points, or 0.54%, to 4,223.7 and the Nasdaq Composite dropped 33.17 points, or 0.24%, to 14,039.68.\nOnly two of the S&P's 11 main sector indexes ended in positive territory: consumer discretionary and retail.\nThe decliners were led by utilities, materials, and consumer staples.\nVolume on U.S. exchanges was 10.90 billion shares, compared with the 10.38 billion average over the last 20 trading days.\nThe S&P 500 posted 25 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 95 new highs and 30 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167283382,"gmtCreate":1624270588546,"gmtModify":1631889812137,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167283382","repostId":"1169140387","repostType":4,"repost":{"id":"1169140387","pubTimestamp":1624270145,"share":"https://www.laohu8.com/m/news/1169140387?lang=&edition=full","pubTime":"2021-06-21 18:09","market":"us","language":"en","title":"Goldman believes these quality stocks are cheap","url":"https://stock-news.laohu8.com/highlight/detail?id=1169140387","media":"CNBC","summary":"The value vs. growth debate has dominated investor attention this year, but the best route may just ","content":"<div>\n<p>The value vs. growth debate has dominated investor attention this year, but the best route may just be to find quality companies selling at a relative discount, according to Goldman Sachs.\nThe Wall ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/20/goldman-believes-these-quality-stocks-are-cheap.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>Goldman believes these quality stocks are cheap</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\">\nGoldman believes these quality stocks are cheap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 18:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/20/goldman-believes-these-quality-stocks-are-cheap.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The value vs. growth debate has dominated investor attention this year, but the best route may just be to find quality companies selling at a relative discount, according to Goldman Sachs.\nThe Wall ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/20/goldman-believes-these-quality-stocks-are-cheap.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SAM":"波斯顿啤酒","DRI":"达登饭店","AMD":"美国超微公司","CTSH":"高知特","LOW":"劳氏","DE":"迪尔股份有限公司","CSCO":"思科","PG":"宝洁","PM":"菲利普莫里斯","KBR":"KBR科技"},"source_url":"https://www.cnbc.com/2021/06/20/goldman-believes-these-quality-stocks-are-cheap.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1169140387","content_text":"The value vs. growth debate has dominated investor attention this year, but the best route may just be to find quality companies selling at a relative discount, according to Goldman Sachs.\nThe Wall Street firm said valuations are now in-line with historical averages, signaling investors should be even more selective when looking for opportunities within quality stocks.\n“Against this backdrop we look for stocks with quality characteristics that still trade at a discount/attractive multiples,” Deep Mehta, a vice president at Goldman, told clients. “While there are many ways to define quality, we believe a track record of strong asset productivity and financial returns as well as cash generation are important indicators.”\nGoldman screened for two different types of quality stocks that are cheap in the current climate. The first list of stocks are equities with a combination of strong productivity and efficacy of spending. The second screen are stocks that center around earnings quality, measured by consistent free cash flow.\nGoldman then added a valuation overlay to both these screens. Take a look at the lists of stocks here.\nAsset productivity\nThis list of stocks are buy-rated names that offer a combination of strong and improving gross profitability, solid cash returns on cash invested and fair valuations.\n“We look for companies that despite the pandemic-related headwinds, maintained their Gross Profits/Total Assets in the top half of their respective sectors (Quartile 1 or 2) throughout 2019-2022E, and are set to expand/stay stable in 2022E vs. 2019 on our analysts’ estimates,” said Mehta.\nAll the listed stocks have improving gross profit as a percent of total assets, improving cash return on capital invested and attractive valuations compared to history.\n\nDeere & Co.,Lowe’s,Advanced Micro Devices,Boston Beer and Procter & Gamble all make Goldman’s first quality screen.\n“New ag equipment share of capex is in the early stages of recovering off trough following a sharp destock in used ag equipment inventory,” said Goldman equity analyst Jerry Revich.\nGoldman equity analyst Kate McShane said she is looking for Lowe’s’ margins to expand as the company manages costs and increases productivity.\n“Traffic and ticket growth have been consistently strong throughout the pandemic and continued successful initiatives with the ‘Pro’ customers should increase the likelihood of market share gains,” said McShane.\nImproving free cash flow\nThe next screen includes stocks that have a good track record of free cash flow conversion, plus attractive and growing free cash flow yields, said Goldman.\n“We view companies with the ability to convert accounting net earnings into Free Cash Flow (FCF) cash as well positioned. While investors typically look to net income to gauge a company’s profitability, it is ultimately FCF generation, that underpins an effective capital allocation policy in our view,” said Mehta.\nAll the buy-rated stocks also have free cash flow yield above 5%, that is expected to improve year-over-year.\n\nKBR Inc, Cognizant Technology Solutions, Philip Morris International, Cisco Systems and Darden Restaurants all made Goldman’s free cash flow screen.\n“Strong growth trajectory ahead from rising global hydrogen infrastructure investment and favorable capital deployment,” Goldman equity analyst Jerry Revich told clients about KBR. “Management’s $4-6 EPS target for 2025 seems achievable with strong organic growth in government solutions and a solid booking run-way across Advisory, Ammonia and catalyst.”\nGoldman analyst Matthew O’Neill said Cognizant’s strong balance sheet strength and robust free cash flow generation is also likely to provide capacity to supplement growth with M&A.","news_type":1},"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167289778,"gmtCreate":1624270561594,"gmtModify":1631889812138,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"Hm","listText":"Hm","text":"Hm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167289778","repostId":"1154249454","repostType":4,"isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161073916,"gmtCreate":1623898364635,"gmtModify":1631889812145,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":"Lik&nbsp;","listText":"Lik&nbsp;","text":"Lik","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/161073916","repostId":"1125930700","repostType":4,"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160201445,"gmtCreate":1623798562087,"gmtModify":1631889812155,"author":{"id":"3571550779586853","authorId":"3571550779586853","name":"ahchai","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571550779586853","authorIdStr":"3571550779586853"},"themes":[],"htmlText":".&nbsp;","listText":".&nbsp;","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160201445","repostId":"2143681768","repostType":2,"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}