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JunYe
2021-05-12
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Toplines Before US Market Open on Tuesday
JunYe
2021-05-11
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","listText":"Like and comment pls. ","text":"Like and comment pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/193184970","repostId":"1101624279","repostType":4,"repost":{"id":"1101624279","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620734279,"share":"https://www.laohu8.com/m/news/1101624279?lang=&edition=full","pubTime":"2021-05-11 19:57","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1101624279","media":"Tiger Newspress","summary":"Reflation panic sparks global stock rout.Tech rout is set to continue with Nasdaq 100 futures falling more than 1%.Most of Blockchain stocks fell over 10%.Tesla plunge over 6%.FAAMG dipped, Apple fell about 3%.Pipeline shuttered by cyberattack to restore service by end of the week. Stock-index futures pointed to further losses for equities on Tuesday, with inflation worries seen keeping pressure on previously highflying tech stocks.At 7:52 a.m. ET, Dow E-minis were fell 185 points, or 0.53%, S&P","content":"<ul><li>Reflation panic sparks global stock rout.</li><li>Tech rout is set to continue with Nasdaq 100 futures falling more than 1%.</li><li>Most of Blockchain stocks fell over 10%.</li><li>Tesla plunge over 6%.</li><li>FAAMG dipped, Apple fell about 3%.</li><li>Pipeline shuttered by cyberattack to restore service by end of the week.</li></ul><p>(May 11) Stock-index futures pointed to further losses for equities on Tuesday, with inflation worries seen keeping pressure on previously highflying tech stocks.</p><p>At 7:52 a.m. ET, Dow E-minis were fell 185 points, or 0.53%, S&P 500 E-minis were down 37 points, or 0.88% and Nasdaq 100 E-minis were down 199.75 points, or 1.50%.</p><p><img src=\"https://static.tigerbbs.com/1a570ec329301f9a7665cab3c468d0b9\" tg-width=\"1242\" tg-height=\"488\" referrerpolicy=\"no-referrer\"></p><p>On Monday, a tech-led selloff sent the Nasdaq Composite down 2.6% to its lowest close since March 31, while the S&P 500 slumped 1%. The Dow gave up a gain of more than 300 points that had taken it to an all-time high above 35,000 to end the day down 34.94 points, or 0.1%.</p><p><b>What’s driving the market?</b></p><p>Further pressure on Big Tech shares appeared in store, with shares of Facebook Inc. Apple Inc. ,Amazon.com Inc. ,Netflix Inc. ,Microsoft Corp. and Google parent Alphabet Inc. down more than 1% in premarket activity.</p><p>Apple fell about 3%, iPhone 12 Production Sees Over 50% Slump At Apple Supplier Foxconn's Factory In India With COVID-19.</p><p>Tesla shares fell nearly 4% in premarket trading as Reuters reported the electric car maker and bellwether growth play halted plans to expand its Shanghai plant into an export hub.</p><p>Most of Blockchain stocks fell over 10%.</p><p><img src=\"https://static.tigerbbs.com/a9ae979de807b94981438e195f617d2f\" tg-width=\"308\" tg-height=\"282\" referrerpolicy=\"no-referrer\"></p><p>“There isn’t a clear catalyst behind this purge,” said Marios Hadjikyriacos, investment analyst at XM, in a note. “It seems to be a combination of inflation fears making a comeback and some market participants moving higher along the value spectrum, cutting their exposure to anything with a stretched valuation.”</p><p>The fact that the selloff has been mostly concentrated in tech and growth stocks, however, is encouraging in terms of the overall market outlook, Hadjikyriacos said, because it indicates investors haven’t lost faith in the economic outlook but are moving away from “more speculative” positions, which could even calm some “bubble concerns, considering what is being sold.”</p><p>Investors continue to focus on the labor market after a much smaller-than-expected rise in nonfarm payrolls in March was reported on Friday.</p><p>The National Federation of Independent Business said Tuesday its monthly survey founda record 44%of small businesses said job openings went unfilled in April.</p><p>Data on U.S. March job openings is due at 10 a.m. Eastern.</p><p>Investors will also hear from several Federal Reserve officials on Tuesday, including New York Fed President John Williams, Fed Gov. Lael Brainard, San Francisco President Mary Daly, Atlanta Fed Raphael Bostic, Philadelphia Fed President Patrick Harker, and Minneapolis Fed President Neel Kashkari.</p><p><b>Stocks making the biggest moves in the premarket: Virgin Galactic, Callaway Golf, Palantir & more</b></p><p>1) Virgin Galactic(SPCE) – Virgin Galactic shares tanked 19.9% in premarket action. The companylost 55 cents per sharefor its latest quarter, more than double the 27 cents a share loss that analysts were anticipating. Billionaire Richard Branson's space flight company also said it is evaluating a timeline for its next test flight, citing the need to analyze wear-and-tear issues for its Eve mothership.</p><p>2) Callaway Golf(ELY) – Callaway rallied 7.5% in premarket trading after it surged well past the 14 cents a share consensus estimate, with quarterly earnings of 62 cents per share. The golf equipment and apparel maker's revenue was also well above forecasts, with Callaway saying demand for its products has been \"unprecedented\" as the pandemic recedes.</p><p>3) L Brands(LB) – The retailer has decided tospin off its Victoria's Secret operationrather than sell it. L Brands will split into two separate public companies, Victoria's Secret and Bath & Body Works. The move comes after bids for Victoria's Secret were short of what L Brands had expected. The plans were first reported in The New York Times' Deal book. L Brands shares fell 1.9% in premarket trading.</p><p>4) Palantir Technologies(PLTR) – The data analytics company matched Wall Street forecasts withquarterly profit of 4 cents per share, while revenue topped estimates. It also said it expected annual revenue growth of 30% or more through 2025. Shares dropped 6.6% in premarket action.</p><p>5) Hanesbrands(HBI) – The apparel maker earned 39 cents per share for its latest quarter, beating the 26 cents a share consensus estimate. Revenue came in slightly above analysts' forecasts, however its current-quarter and full-year forecast both fell short of expectations. Its stock tumbled 11.3% in the premarket. Hanesbrands also announced a three-year plan designed to boost sales and profit margins.</p><p>6) Perrigo(PRGO) – The maker of consumer self-care products saw its stock fall 3% in premarket trading after quarterly profit and revenue fell short of Wall Street consensus. Perrigo reaffirmed its prior full-year forecast and noted the tough comparisons to a year ago when consumers stocked up on products as the pandemic took hold.</p><p>7) RealReal(REAL) – The luxury goods consignment retailer matched Street forecasts with a quarterly loss of 49 cents per share, with revenue beating estimates. Research firm BTIG acknowledged the company's solid first quarter in a new analyst report, but downgraded the stock to \"neutral\" from \"buy\" based on a lack of forward catalysts. The stock tumbled 6.4% in the premarket.</p><p>8) Roblox(RBLX) – Roblox reported a 161% increase in quarterly bookings in the gaming platform company'sfirst report since going public. Roblox's gaming activity surged amid the pandemic as more people played games like \"Jailbreak\" and \"MeepCity,\" and spent more of the company's \"Robux\" digital currency for in-game purchases. Shares rose 2% in premarket trading.</p><p>9) Novavax(NVAX) – Novavax shares tumbled 11.9% in the premarket after the drugmaker pushed back its timetable for seeking Covid vaccine approvals. Novavax now said itwon't apply for regulatory approvalin the U.S., U.K. and Europe until the third quarter, and it also pushed back its timeline for full production to the fourth quarter from the third quarter.</p><p>10) Simon Property(SPG) – Simon Propertyreported quarterly earnings of $1.36 per share, beating consensus forecasts by 40 cents, while the mall operator's revenue was slightly above estimates. Simon also cut its full-year forecast, however, and said occupancy levels would not return to 2019 levels until 2022 at the earliest. Its shares fell 3.6% in premarket trading.</p><p>11) 3D Systems(DDD) – 3D Systems earned 17 cents per share for its latest quarter, blowing past the 2 cents a share consensus estimate. The 3D printer maker's revenue also exceeded Wall Street predictions. 3D Systems said it improved its profit margins through expense controls. Its shares surged 9.2% in the premarket.</p><p>12) Norton LifeLock(NLOK) – Norton LifeLock shares rose 2.5% in premarket action after it beat estimates on both the top and bottom lines for its latest quarter. The cybersecurity company also announced a $1.5 billion increase in its share repurchase program.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</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\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-11 19:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Reflation panic sparks global stock rout.</li><li>Tech rout is set to continue with Nasdaq 100 futures falling more than 1%.</li><li>Most of Blockchain stocks fell over 10%.</li><li>Tesla plunge over 6%.</li><li>FAAMG dipped, Apple fell about 3%.</li><li>Pipeline shuttered by cyberattack to restore service by end of the week.</li></ul><p>(May 11) Stock-index futures pointed to further losses for equities on Tuesday, with inflation worries seen keeping pressure on previously highflying tech stocks.</p><p>At 7:52 a.m. ET, Dow E-minis were fell 185 points, or 0.53%, S&P 500 E-minis were down 37 points, or 0.88% and Nasdaq 100 E-minis were down 199.75 points, or 1.50%.</p><p><img src=\"https://static.tigerbbs.com/1a570ec329301f9a7665cab3c468d0b9\" tg-width=\"1242\" tg-height=\"488\" referrerpolicy=\"no-referrer\"></p><p>On Monday, a tech-led selloff sent the Nasdaq Composite down 2.6% to its lowest close since March 31, while the S&P 500 slumped 1%. The Dow gave up a gain of more than 300 points that had taken it to an all-time high above 35,000 to end the day down 34.94 points, or 0.1%.</p><p><b>What’s driving the market?</b></p><p>Further pressure on Big Tech shares appeared in store, with shares of Facebook Inc. Apple Inc. ,Amazon.com Inc. ,Netflix Inc. ,Microsoft Corp. and Google parent Alphabet Inc. down more than 1% in premarket activity.</p><p>Apple fell about 3%, iPhone 12 Production Sees Over 50% Slump At Apple Supplier Foxconn's Factory In India With COVID-19.</p><p>Tesla shares fell nearly 4% in premarket trading as Reuters reported the electric car maker and bellwether growth play halted plans to expand its Shanghai plant into an export hub.</p><p>Most of Blockchain stocks fell over 10%.</p><p><img src=\"https://static.tigerbbs.com/a9ae979de807b94981438e195f617d2f\" tg-width=\"308\" tg-height=\"282\" referrerpolicy=\"no-referrer\"></p><p>“There isn’t a clear catalyst behind this purge,” said Marios Hadjikyriacos, investment analyst at XM, in a note. “It seems to be a combination of inflation fears making a comeback and some market participants moving higher along the value spectrum, cutting their exposure to anything with a stretched valuation.”</p><p>The fact that the selloff has been mostly concentrated in tech and growth stocks, however, is encouraging in terms of the overall market outlook, Hadjikyriacos said, because it indicates investors haven’t lost faith in the economic outlook but are moving away from “more speculative” positions, which could even calm some “bubble concerns, considering what is being sold.”</p><p>Investors continue to focus on the labor market after a much smaller-than-expected rise in nonfarm payrolls in March was reported on Friday.</p><p>The National Federation of Independent Business said Tuesday its monthly survey founda record 44%of small businesses said job openings went unfilled in April.</p><p>Data on U.S. March job openings is due at 10 a.m. Eastern.</p><p>Investors will also hear from several Federal Reserve officials on Tuesday, including New York Fed President John Williams, Fed Gov. Lael Brainard, San Francisco President Mary Daly, Atlanta Fed Raphael Bostic, Philadelphia Fed President Patrick Harker, and Minneapolis Fed President Neel Kashkari.</p><p><b>Stocks making the biggest moves in the premarket: Virgin Galactic, Callaway Golf, Palantir & more</b></p><p>1) Virgin Galactic(SPCE) – Virgin Galactic shares tanked 19.9% in premarket action. The companylost 55 cents per sharefor its latest quarter, more than double the 27 cents a share loss that analysts were anticipating. Billionaire Richard Branson's space flight company also said it is evaluating a timeline for its next test flight, citing the need to analyze wear-and-tear issues for its Eve mothership.</p><p>2) Callaway Golf(ELY) – Callaway rallied 7.5% in premarket trading after it surged well past the 14 cents a share consensus estimate, with quarterly earnings of 62 cents per share. The golf equipment and apparel maker's revenue was also well above forecasts, with Callaway saying demand for its products has been \"unprecedented\" as the pandemic recedes.</p><p>3) L Brands(LB) – The retailer has decided tospin off its Victoria's Secret operationrather than sell it. L Brands will split into two separate public companies, Victoria's Secret and Bath & Body Works. The move comes after bids for Victoria's Secret were short of what L Brands had expected. The plans were first reported in The New York Times' Deal book. L Brands shares fell 1.9% in premarket trading.</p><p>4) Palantir Technologies(PLTR) – The data analytics company matched Wall Street forecasts withquarterly profit of 4 cents per share, while revenue topped estimates. It also said it expected annual revenue growth of 30% or more through 2025. Shares dropped 6.6% in premarket action.</p><p>5) Hanesbrands(HBI) – The apparel maker earned 39 cents per share for its latest quarter, beating the 26 cents a share consensus estimate. Revenue came in slightly above analysts' forecasts, however its current-quarter and full-year forecast both fell short of expectations. Its stock tumbled 11.3% in the premarket. Hanesbrands also announced a three-year plan designed to boost sales and profit margins.</p><p>6) Perrigo(PRGO) – The maker of consumer self-care products saw its stock fall 3% in premarket trading after quarterly profit and revenue fell short of Wall Street consensus. Perrigo reaffirmed its prior full-year forecast and noted the tough comparisons to a year ago when consumers stocked up on products as the pandemic took hold.</p><p>7) RealReal(REAL) – The luxury goods consignment retailer matched Street forecasts with a quarterly loss of 49 cents per share, with revenue beating estimates. Research firm BTIG acknowledged the company's solid first quarter in a new analyst report, but downgraded the stock to \"neutral\" from \"buy\" based on a lack of forward catalysts. The stock tumbled 6.4% in the premarket.</p><p>8) Roblox(RBLX) – Roblox reported a 161% increase in quarterly bookings in the gaming platform company'sfirst report since going public. Roblox's gaming activity surged amid the pandemic as more people played games like \"Jailbreak\" and \"MeepCity,\" and spent more of the company's \"Robux\" digital currency for in-game purchases. Shares rose 2% in premarket trading.</p><p>9) Novavax(NVAX) – Novavax shares tumbled 11.9% in the premarket after the drugmaker pushed back its timetable for seeking Covid vaccine approvals. Novavax now said itwon't apply for regulatory approvalin the U.S., U.K. and Europe until the third quarter, and it also pushed back its timeline for full production to the fourth quarter from the third quarter.</p><p>10) Simon Property(SPG) – Simon Propertyreported quarterly earnings of $1.36 per share, beating consensus forecasts by 40 cents, while the mall operator's revenue was slightly above estimates. Simon also cut its full-year forecast, however, and said occupancy levels would not return to 2019 levels until 2022 at the earliest. Its shares fell 3.6% in premarket trading.</p><p>11) 3D Systems(DDD) – 3D Systems earned 17 cents per share for its latest quarter, blowing past the 2 cents a share consensus estimate. The 3D printer maker's revenue also exceeded Wall Street predictions. 3D Systems said it improved its profit margins through expense controls. Its shares surged 9.2% in the premarket.</p><p>12) Norton LifeLock(NLOK) – Norton LifeLock shares rose 2.5% in premarket action after it beat estimates on both the top and bottom lines for its latest quarter. The cybersecurity company also announced a $1.5 billion increase in its share repurchase program.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101624279","content_text":"Reflation panic sparks global stock rout.Tech rout is set to continue with Nasdaq 100 futures falling more than 1%.Most of Blockchain stocks fell over 10%.Tesla plunge over 6%.FAAMG dipped, Apple fell about 3%.Pipeline shuttered by cyberattack to restore service by end of the week.(May 11) Stock-index futures pointed to further losses for equities on Tuesday, with inflation worries seen keeping pressure on previously highflying tech stocks.At 7:52 a.m. ET, Dow E-minis were fell 185 points, or 0.53%, S&P 500 E-minis were down 37 points, or 0.88% and Nasdaq 100 E-minis were down 199.75 points, or 1.50%.On Monday, a tech-led selloff sent the Nasdaq Composite down 2.6% to its lowest close since March 31, while the S&P 500 slumped 1%. The Dow gave up a gain of more than 300 points that had taken it to an all-time high above 35,000 to end the day down 34.94 points, or 0.1%.What’s driving the market?Further pressure on Big Tech shares appeared in store, with shares of Facebook Inc. Apple Inc. ,Amazon.com Inc. ,Netflix Inc. ,Microsoft Corp. and Google parent Alphabet Inc. down more than 1% in premarket activity.Apple fell about 3%, iPhone 12 Production Sees Over 50% Slump At Apple Supplier Foxconn's Factory In India With COVID-19.Tesla shares fell nearly 4% in premarket trading as Reuters reported the electric car maker and bellwether growth play halted plans to expand its Shanghai plant into an export hub.Most of Blockchain stocks fell over 10%.“There isn’t a clear catalyst behind this purge,” said Marios Hadjikyriacos, investment analyst at XM, in a note. “It seems to be a combination of inflation fears making a comeback and some market participants moving higher along the value spectrum, cutting their exposure to anything with a stretched valuation.”The fact that the selloff has been mostly concentrated in tech and growth stocks, however, is encouraging in terms of the overall market outlook, Hadjikyriacos said, because it indicates investors haven’t lost faith in the economic outlook but are moving away from “more speculative” positions, which could even calm some “bubble concerns, considering what is being sold.”Investors continue to focus on the labor market after a much smaller-than-expected rise in nonfarm payrolls in March was reported on Friday.The National Federation of Independent Business said Tuesday its monthly survey founda record 44%of small businesses said job openings went unfilled in April.Data on U.S. March job openings is due at 10 a.m. Eastern.Investors will also hear from several Federal Reserve officials on Tuesday, including New York Fed President John Williams, Fed Gov. Lael Brainard, San Francisco President Mary Daly, Atlanta Fed Raphael Bostic, Philadelphia Fed President Patrick Harker, and Minneapolis Fed President Neel Kashkari.Stocks making the biggest moves in the premarket: Virgin Galactic, Callaway Golf, Palantir & more1) Virgin Galactic(SPCE) – Virgin Galactic shares tanked 19.9% in premarket action. The companylost 55 cents per sharefor its latest quarter, more than double the 27 cents a share loss that analysts were anticipating. Billionaire Richard Branson's space flight company also said it is evaluating a timeline for its next test flight, citing the need to analyze wear-and-tear issues for its Eve mothership.2) Callaway Golf(ELY) – Callaway rallied 7.5% in premarket trading after it surged well past the 14 cents a share consensus estimate, with quarterly earnings of 62 cents per share. The golf equipment and apparel maker's revenue was also well above forecasts, with Callaway saying demand for its products has been \"unprecedented\" as the pandemic recedes.3) L Brands(LB) – The retailer has decided tospin off its Victoria's Secret operationrather than sell it. L Brands will split into two separate public companies, Victoria's Secret and Bath & Body Works. The move comes after bids for Victoria's Secret were short of what L Brands had expected. The plans were first reported in The New York Times' Deal book. L Brands shares fell 1.9% in premarket trading.4) Palantir Technologies(PLTR) – The data analytics company matched Wall Street forecasts withquarterly profit of 4 cents per share, while revenue topped estimates. It also said it expected annual revenue growth of 30% or more through 2025. Shares dropped 6.6% in premarket action.5) Hanesbrands(HBI) – The apparel maker earned 39 cents per share for its latest quarter, beating the 26 cents a share consensus estimate. Revenue came in slightly above analysts' forecasts, however its current-quarter and full-year forecast both fell short of expectations. Its stock tumbled 11.3% in the premarket. Hanesbrands also announced a three-year plan designed to boost sales and profit margins.6) Perrigo(PRGO) – The maker of consumer self-care products saw its stock fall 3% in premarket trading after quarterly profit and revenue fell short of Wall Street consensus. Perrigo reaffirmed its prior full-year forecast and noted the tough comparisons to a year ago when consumers stocked up on products as the pandemic took hold.7) RealReal(REAL) – The luxury goods consignment retailer matched Street forecasts with a quarterly loss of 49 cents per share, with revenue beating estimates. Research firm BTIG acknowledged the company's solid first quarter in a new analyst report, but downgraded the stock to \"neutral\" from \"buy\" based on a lack of forward catalysts. The stock tumbled 6.4% in the premarket.8) Roblox(RBLX) – Roblox reported a 161% increase in quarterly bookings in the gaming platform company'sfirst report since going public. Roblox's gaming activity surged amid the pandemic as more people played games like \"Jailbreak\" and \"MeepCity,\" and spent more of the company's \"Robux\" digital currency for in-game purchases. Shares rose 2% in premarket trading.9) Novavax(NVAX) – Novavax shares tumbled 11.9% in the premarket after the drugmaker pushed back its timetable for seeking Covid vaccine approvals. Novavax now said itwon't apply for regulatory approvalin the U.S., U.K. and Europe until the third quarter, and it also pushed back its timeline for full production to the fourth quarter from the third quarter.10) Simon Property(SPG) – Simon Propertyreported quarterly earnings of $1.36 per share, beating consensus forecasts by 40 cents, while the mall operator's revenue was slightly above estimates. Simon also cut its full-year forecast, however, and said occupancy levels would not return to 2019 levels until 2022 at the earliest. Its shares fell 3.6% in premarket trading.11) 3D Systems(DDD) – 3D Systems earned 17 cents per share for its latest quarter, blowing past the 2 cents a share consensus estimate. The 3D printer maker's revenue also exceeded Wall Street predictions. 3D Systems said it improved its profit margins through expense controls. Its shares surged 9.2% in the premarket.12) Norton LifeLock(NLOK) – Norton LifeLock shares rose 2.5% in premarket action after it beat estimates on both the top and bottom lines for its latest quarter. The cybersecurity company also announced a $1.5 billion increase in its share repurchase program.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193908948,"gmtCreate":1620742930584,"gmtModify":1634196656668,"author":{"id":"3576656746554765","authorId":"3576656746554765","authorIdStr":"3576656746554765","name":"JunYe","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576656746554765"},"themes":[],"htmlText":"Like and comment please. ","listText":"Like and comment please. ","text":"Like and comment please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/193908948","repostId":"1123758734","repostType":4,"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":193908948,"gmtCreate":1620742930584,"gmtModify":1634196656668,"author":{"id":"3576656746554765","authorId":"3576656746554765","authorIdStr":"3576656746554765","name":"JunYe","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576656746554765"},"themes":[],"htmlText":"Like and comment please. ","listText":"Like and comment please. ","text":"Like and comment please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/193908948","repostId":"1123758734","repostType":4,"repost":{"id":"1123758734","pubTimestamp":1620742835,"share":"https://www.laohu8.com/m/news/1123758734?lang=&edition=full","pubTime":"2021-05-11 22:20","market":"us","language":"en","title":"The Selloff in C3.ai Stock Presents a Solid Opportunity","url":"https://stock-news.laohu8.com/highlight/detail?id=1123758734","media":"InvestorPlace","summary":"AI stock needed a correction. That correction has now gone too far.\n\nA wave of selling has pounded g","content":"<blockquote>\n <b>AI stock needed a correction. That correction has now gone too far.</b>\n</blockquote>\n<p>A wave of selling has pounded growth stocks, and<b>C3.ai</b>(NYSE:<b><u>AI</u></b>) stock has been among the biggest victims. Shares are down some two-thirds from February highs.</p>\n<p>There are some explanations. C3.ai was one of the hottest initial public offerings (IPOs) of 2020, which is saying something.AI stock rose 140%just on the first day of trading. At those February highs, it had more than quadrupled.</p>\n<p>So a correction probably was needed. Earnings didn’t help, either.</p>\n<p>With fiscal third quarter results released on Mar. 1, C3.ai gave what was seen as light guidance for revenue in Q4 (though the outlooktopped Wall Street consensus).</p>\n<p>And, again, we’ve seen high-multiple growth stocks take a beating of late. It might be a rotation into the “reopening trade.” Or it might just be some profit-taking.</p>\n<p>Whatever the cause, in the case of AI stock the plunge looks like an opportunity. This is one of the better growth stories in the market. But it’s no longer priced that way.</p>\n<p><b>The Valuation Shift in AI Stock</b></p>\n<p>The steep decline has materially changed the valuation of AI stock relative to the market.</p>\n<p>Based on its guidance, C3.ai should doabout $182 million in revenuein FY2021. At the highs in February, the company had a market capitalization nearing $17 billion.</p>\n<p>That’s a price-to-revenue multiple above 90x. Excluding some early stage public companies (like pre-revenue electric vehicle manufacturers), that was one of the highest valuations in the entire market.</p>\n<p>I think the C3.ai story is compelling enough to at least consider that kind of valuation. But it’s harder to make a compelling case for that story when the market is pricing it as one of the best out there.</p>\n<p>Look at where we are now, though. With C3.ai’s market cap below $6 million, the same price-to-revenue multiple now sits at about 30x.</p>\n<p>That’s not cheap, obviously. C3.ai remains a ways from profitability as well. But the multiple now is at least in the neighborhood of other SaaS (software as a service) plays. And that makes AI stock more attractive.</p>\n<p><b>Still Too Expensive?</b></p>\n<p>Now, you could see the selloff as big — but not big enough. Again, 30x revenue isn’t cheap. C3.ai is years away from profitability. A skeptic could argue that the stock still is in a bubble — simply a smaller one.</p>\n<p>But let’s understand what C3.ai is. It’s an artificial intelligence play. It’s also a company that’s closer to being a startup than a mature business.</p>\n<p>The C3 AI Suite allows large enterprises to build out their own artificial intelligence applications. The product is only about a decade old.</p>\n<p>And that raises a couple of problems for near-term performance.</p>\n<p>First, the market simply isn’t that big at the moment. Even major corporations still are considering their broader use of AI and its applications. Smaller companies, meanwhile, simply don’t have a use case yet.</p>\n<p>Second, the company still is building out the suite with new features and improved functionality. That costs money. So does attracting new customers to the platform.</p>\n<p>Put simply, C3.ai shouldn’t be profitable right now, or all that big. Yet it’s still expecting revenue over $180 million in FY2021, and should easily clear $200 million next year. Those numbers aren’t huge — hence the high multiple to revenue — but they’re solid considering where C3.ai is in its growth curve.</p>\n<p><b>The Long-Term Case</b></p>\n<p>Meanwhile, as always, investors need to take the long view.</p>\n<p>And the long view for C3.ai is quite promising. We don’t know exactly what the artificial intelligence market will look like in a decade, but without question it will be larger. Most likely, it will post exponential growth.</p>\n<p>C3.ai has a big chance to be a big part of that massive market. Right now, there’s basically no competition. Some large enterprises are building their own applications in-house, but that’s expensive, time-consuming and risky.</p>\n<p>Obviously, competitors will rise. But the head start C3.ai has built in going from zero to nearly $200 million in sales will provide a key competitive advantage.</p>\n<p>It’s an advantage that not too many other SaaS companies have. Those that do have the same seemingly high valuations that AI stock has … sometimes even higher.</p>\n<p>Most of those companies have earned those valuations. I expect C3.ai will do the same.</p>\n<p><i>On the date of publication, neither Matt McCall nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in the article.</i></p>","source":"lsy1606302653667","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>The Selloff in C3.ai Stock Presents a Solid Opportunity</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\">\nThe Selloff in C3.ai Stock Presents a Solid Opportunity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-11 22:20 GMT+8 <a href=https://investorplace.com/moneywire/2021/05/the-selloff-in-c3-ai-ai-stock-presents-a-solid-opportunity/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AI stock needed a correction. That correction has now gone too far.\n\nA wave of selling has pounded growth stocks, andC3.ai(NYSE:AI) stock has been among the biggest victims. Shares are down some two-...</p>\n\n<a href=\"https://investorplace.com/moneywire/2021/05/the-selloff-in-c3-ai-ai-stock-presents-a-solid-opportunity/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AI":"C3.ai, Inc."},"source_url":"https://investorplace.com/moneywire/2021/05/the-selloff-in-c3-ai-ai-stock-presents-a-solid-opportunity/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123758734","content_text":"AI stock needed a correction. That correction has now gone too far.\n\nA wave of selling has pounded growth stocks, andC3.ai(NYSE:AI) stock has been among the biggest victims. Shares are down some two-thirds from February highs.\nThere are some explanations. C3.ai was one of the hottest initial public offerings (IPOs) of 2020, which is saying something.AI stock rose 140%just on the first day of trading. At those February highs, it had more than quadrupled.\nSo a correction probably was needed. Earnings didn’t help, either.\nWith fiscal third quarter results released on Mar. 1, C3.ai gave what was seen as light guidance for revenue in Q4 (though the outlooktopped Wall Street consensus).\nAnd, again, we’ve seen high-multiple growth stocks take a beating of late. It might be a rotation into the “reopening trade.” Or it might just be some profit-taking.\nWhatever the cause, in the case of AI stock the plunge looks like an opportunity. This is one of the better growth stories in the market. But it’s no longer priced that way.\nThe Valuation Shift in AI Stock\nThe steep decline has materially changed the valuation of AI stock relative to the market.\nBased on its guidance, C3.ai should doabout $182 million in revenuein FY2021. At the highs in February, the company had a market capitalization nearing $17 billion.\nThat’s a price-to-revenue multiple above 90x. Excluding some early stage public companies (like pre-revenue electric vehicle manufacturers), that was one of the highest valuations in the entire market.\nI think the C3.ai story is compelling enough to at least consider that kind of valuation. But it’s harder to make a compelling case for that story when the market is pricing it as one of the best out there.\nLook at where we are now, though. With C3.ai’s market cap below $6 million, the same price-to-revenue multiple now sits at about 30x.\nThat’s not cheap, obviously. C3.ai remains a ways from profitability as well. But the multiple now is at least in the neighborhood of other SaaS (software as a service) plays. And that makes AI stock more attractive.\nStill Too Expensive?\nNow, you could see the selloff as big — but not big enough. Again, 30x revenue isn’t cheap. C3.ai is years away from profitability. A skeptic could argue that the stock still is in a bubble — simply a smaller one.\nBut let’s understand what C3.ai is. It’s an artificial intelligence play. It’s also a company that’s closer to being a startup than a mature business.\nThe C3 AI Suite allows large enterprises to build out their own artificial intelligence applications. The product is only about a decade old.\nAnd that raises a couple of problems for near-term performance.\nFirst, the market simply isn’t that big at the moment. Even major corporations still are considering their broader use of AI and its applications. Smaller companies, meanwhile, simply don’t have a use case yet.\nSecond, the company still is building out the suite with new features and improved functionality. That costs money. So does attracting new customers to the platform.\nPut simply, C3.ai shouldn’t be profitable right now, or all that big. Yet it’s still expecting revenue over $180 million in FY2021, and should easily clear $200 million next year. Those numbers aren’t huge — hence the high multiple to revenue — but they’re solid considering where C3.ai is in its growth curve.\nThe Long-Term Case\nMeanwhile, as always, investors need to take the long view.\nAnd the long view for C3.ai is quite promising. We don’t know exactly what the artificial intelligence market will look like in a decade, but without question it will be larger. Most likely, it will post exponential growth.\nC3.ai has a big chance to be a big part of that massive market. Right now, there’s basically no competition. Some large enterprises are building their own applications in-house, but that’s expensive, time-consuming and risky.\nObviously, competitors will rise. But the head start C3.ai has built in going from zero to nearly $200 million in sales will provide a key competitive advantage.\nIt’s an advantage that not too many other SaaS companies have. Those that do have the same seemingly high valuations that AI stock has … sometimes even higher.\nMost of those companies have earned those valuations. I expect C3.ai will do the same.\nOn the date of publication, neither Matt McCall nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in the article.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193184970,"gmtCreate":1620775616890,"gmtModify":1634196485230,"author":{"id":"3576656746554765","authorId":"3576656746554765","authorIdStr":"3576656746554765","name":"JunYe","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576656746554765"},"themes":[],"htmlText":"Like and comment pls. ","listText":"Like and comment pls. ","text":"Like and comment pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/193184970","repostId":"1101624279","repostType":4,"repost":{"id":"1101624279","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620734279,"share":"https://www.laohu8.com/m/news/1101624279?lang=&edition=full","pubTime":"2021-05-11 19:57","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1101624279","media":"Tiger Newspress","summary":"Reflation panic sparks global stock rout.Tech rout is set to continue with Nasdaq 100 futures falling more than 1%.Most of Blockchain stocks fell over 10%.Tesla plunge over 6%.FAAMG dipped, Apple fell about 3%.Pipeline shuttered by cyberattack to restore service by end of the week. Stock-index futures pointed to further losses for equities on Tuesday, with inflation worries seen keeping pressure on previously highflying tech stocks.At 7:52 a.m. ET, Dow E-minis were fell 185 points, or 0.53%, S&P","content":"<ul><li>Reflation panic sparks global stock rout.</li><li>Tech rout is set to continue with Nasdaq 100 futures falling more than 1%.</li><li>Most of Blockchain stocks fell over 10%.</li><li>Tesla plunge over 6%.</li><li>FAAMG dipped, Apple fell about 3%.</li><li>Pipeline shuttered by cyberattack to restore service by end of the week.</li></ul><p>(May 11) Stock-index futures pointed to further losses for equities on Tuesday, with inflation worries seen keeping pressure on previously highflying tech stocks.</p><p>At 7:52 a.m. ET, Dow E-minis were fell 185 points, or 0.53%, S&P 500 E-minis were down 37 points, or 0.88% and Nasdaq 100 E-minis were down 199.75 points, or 1.50%.</p><p><img src=\"https://static.tigerbbs.com/1a570ec329301f9a7665cab3c468d0b9\" tg-width=\"1242\" tg-height=\"488\" referrerpolicy=\"no-referrer\"></p><p>On Monday, a tech-led selloff sent the Nasdaq Composite down 2.6% to its lowest close since March 31, while the S&P 500 slumped 1%. The Dow gave up a gain of more than 300 points that had taken it to an all-time high above 35,000 to end the day down 34.94 points, or 0.1%.</p><p><b>What’s driving the market?</b></p><p>Further pressure on Big Tech shares appeared in store, with shares of Facebook Inc. Apple Inc. ,Amazon.com Inc. ,Netflix Inc. ,Microsoft Corp. and Google parent Alphabet Inc. down more than 1% in premarket activity.</p><p>Apple fell about 3%, iPhone 12 Production Sees Over 50% Slump At Apple Supplier Foxconn's Factory In India With COVID-19.</p><p>Tesla shares fell nearly 4% in premarket trading as Reuters reported the electric car maker and bellwether growth play halted plans to expand its Shanghai plant into an export hub.</p><p>Most of Blockchain stocks fell over 10%.</p><p><img src=\"https://static.tigerbbs.com/a9ae979de807b94981438e195f617d2f\" tg-width=\"308\" tg-height=\"282\" referrerpolicy=\"no-referrer\"></p><p>“There isn’t a clear catalyst behind this purge,” said Marios Hadjikyriacos, investment analyst at XM, in a note. “It seems to be a combination of inflation fears making a comeback and some market participants moving higher along the value spectrum, cutting their exposure to anything with a stretched valuation.”</p><p>The fact that the selloff has been mostly concentrated in tech and growth stocks, however, is encouraging in terms of the overall market outlook, Hadjikyriacos said, because it indicates investors haven’t lost faith in the economic outlook but are moving away from “more speculative” positions, which could even calm some “bubble concerns, considering what is being sold.”</p><p>Investors continue to focus on the labor market after a much smaller-than-expected rise in nonfarm payrolls in March was reported on Friday.</p><p>The National Federation of Independent Business said Tuesday its monthly survey founda record 44%of small businesses said job openings went unfilled in April.</p><p>Data on U.S. March job openings is due at 10 a.m. Eastern.</p><p>Investors will also hear from several Federal Reserve officials on Tuesday, including New York Fed President John Williams, Fed Gov. Lael Brainard, San Francisco President Mary Daly, Atlanta Fed Raphael Bostic, Philadelphia Fed President Patrick Harker, and Minneapolis Fed President Neel Kashkari.</p><p><b>Stocks making the biggest moves in the premarket: Virgin Galactic, Callaway Golf, Palantir & more</b></p><p>1) Virgin Galactic(SPCE) – Virgin Galactic shares tanked 19.9% in premarket action. The companylost 55 cents per sharefor its latest quarter, more than double the 27 cents a share loss that analysts were anticipating. Billionaire Richard Branson's space flight company also said it is evaluating a timeline for its next test flight, citing the need to analyze wear-and-tear issues for its Eve mothership.</p><p>2) Callaway Golf(ELY) – Callaway rallied 7.5% in premarket trading after it surged well past the 14 cents a share consensus estimate, with quarterly earnings of 62 cents per share. The golf equipment and apparel maker's revenue was also well above forecasts, with Callaway saying demand for its products has been \"unprecedented\" as the pandemic recedes.</p><p>3) L Brands(LB) – The retailer has decided tospin off its Victoria's Secret operationrather than sell it. L Brands will split into two separate public companies, Victoria's Secret and Bath & Body Works. The move comes after bids for Victoria's Secret were short of what L Brands had expected. The plans were first reported in The New York Times' Deal book. L Brands shares fell 1.9% in premarket trading.</p><p>4) Palantir Technologies(PLTR) – The data analytics company matched Wall Street forecasts withquarterly profit of 4 cents per share, while revenue topped estimates. It also said it expected annual revenue growth of 30% or more through 2025. Shares dropped 6.6% in premarket action.</p><p>5) Hanesbrands(HBI) – The apparel maker earned 39 cents per share for its latest quarter, beating the 26 cents a share consensus estimate. Revenue came in slightly above analysts' forecasts, however its current-quarter and full-year forecast both fell short of expectations. Its stock tumbled 11.3% in the premarket. Hanesbrands also announced a three-year plan designed to boost sales and profit margins.</p><p>6) Perrigo(PRGO) – The maker of consumer self-care products saw its stock fall 3% in premarket trading after quarterly profit and revenue fell short of Wall Street consensus. Perrigo reaffirmed its prior full-year forecast and noted the tough comparisons to a year ago when consumers stocked up on products as the pandemic took hold.</p><p>7) RealReal(REAL) – The luxury goods consignment retailer matched Street forecasts with a quarterly loss of 49 cents per share, with revenue beating estimates. Research firm BTIG acknowledged the company's solid first quarter in a new analyst report, but downgraded the stock to \"neutral\" from \"buy\" based on a lack of forward catalysts. The stock tumbled 6.4% in the premarket.</p><p>8) Roblox(RBLX) – Roblox reported a 161% increase in quarterly bookings in the gaming platform company'sfirst report since going public. Roblox's gaming activity surged amid the pandemic as more people played games like \"Jailbreak\" and \"MeepCity,\" and spent more of the company's \"Robux\" digital currency for in-game purchases. Shares rose 2% in premarket trading.</p><p>9) Novavax(NVAX) – Novavax shares tumbled 11.9% in the premarket after the drugmaker pushed back its timetable for seeking Covid vaccine approvals. Novavax now said itwon't apply for regulatory approvalin the U.S., U.K. and Europe until the third quarter, and it also pushed back its timeline for full production to the fourth quarter from the third quarter.</p><p>10) Simon Property(SPG) – Simon Propertyreported quarterly earnings of $1.36 per share, beating consensus forecasts by 40 cents, while the mall operator's revenue was slightly above estimates. Simon also cut its full-year forecast, however, and said occupancy levels would not return to 2019 levels until 2022 at the earliest. Its shares fell 3.6% in premarket trading.</p><p>11) 3D Systems(DDD) – 3D Systems earned 17 cents per share for its latest quarter, blowing past the 2 cents a share consensus estimate. The 3D printer maker's revenue also exceeded Wall Street predictions. 3D Systems said it improved its profit margins through expense controls. Its shares surged 9.2% in the premarket.</p><p>12) Norton LifeLock(NLOK) – Norton LifeLock shares rose 2.5% in premarket action after it beat estimates on both the top and bottom lines for its latest quarter. The cybersecurity company also announced a $1.5 billion increase in its share repurchase program.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</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\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-11 19:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Reflation panic sparks global stock rout.</li><li>Tech rout is set to continue with Nasdaq 100 futures falling more than 1%.</li><li>Most of Blockchain stocks fell over 10%.</li><li>Tesla plunge over 6%.</li><li>FAAMG dipped, Apple fell about 3%.</li><li>Pipeline shuttered by cyberattack to restore service by end of the week.</li></ul><p>(May 11) Stock-index futures pointed to further losses for equities on Tuesday, with inflation worries seen keeping pressure on previously highflying tech stocks.</p><p>At 7:52 a.m. ET, Dow E-minis were fell 185 points, or 0.53%, S&P 500 E-minis were down 37 points, or 0.88% and Nasdaq 100 E-minis were down 199.75 points, or 1.50%.</p><p><img src=\"https://static.tigerbbs.com/1a570ec329301f9a7665cab3c468d0b9\" tg-width=\"1242\" tg-height=\"488\" referrerpolicy=\"no-referrer\"></p><p>On Monday, a tech-led selloff sent the Nasdaq Composite down 2.6% to its lowest close since March 31, while the S&P 500 slumped 1%. The Dow gave up a gain of more than 300 points that had taken it to an all-time high above 35,000 to end the day down 34.94 points, or 0.1%.</p><p><b>What’s driving the market?</b></p><p>Further pressure on Big Tech shares appeared in store, with shares of Facebook Inc. Apple Inc. ,Amazon.com Inc. ,Netflix Inc. ,Microsoft Corp. and Google parent Alphabet Inc. down more than 1% in premarket activity.</p><p>Apple fell about 3%, iPhone 12 Production Sees Over 50% Slump At Apple Supplier Foxconn's Factory In India With COVID-19.</p><p>Tesla shares fell nearly 4% in premarket trading as Reuters reported the electric car maker and bellwether growth play halted plans to expand its Shanghai plant into an export hub.</p><p>Most of Blockchain stocks fell over 10%.</p><p><img src=\"https://static.tigerbbs.com/a9ae979de807b94981438e195f617d2f\" tg-width=\"308\" tg-height=\"282\" referrerpolicy=\"no-referrer\"></p><p>“There isn’t a clear catalyst behind this purge,” said Marios Hadjikyriacos, investment analyst at XM, in a note. “It seems to be a combination of inflation fears making a comeback and some market participants moving higher along the value spectrum, cutting their exposure to anything with a stretched valuation.”</p><p>The fact that the selloff has been mostly concentrated in tech and growth stocks, however, is encouraging in terms of the overall market outlook, Hadjikyriacos said, because it indicates investors haven’t lost faith in the economic outlook but are moving away from “more speculative” positions, which could even calm some “bubble concerns, considering what is being sold.”</p><p>Investors continue to focus on the labor market after a much smaller-than-expected rise in nonfarm payrolls in March was reported on Friday.</p><p>The National Federation of Independent Business said Tuesday its monthly survey founda record 44%of small businesses said job openings went unfilled in April.</p><p>Data on U.S. March job openings is due at 10 a.m. Eastern.</p><p>Investors will also hear from several Federal Reserve officials on Tuesday, including New York Fed President John Williams, Fed Gov. Lael Brainard, San Francisco President Mary Daly, Atlanta Fed Raphael Bostic, Philadelphia Fed President Patrick Harker, and Minneapolis Fed President Neel Kashkari.</p><p><b>Stocks making the biggest moves in the premarket: Virgin Galactic, Callaway Golf, Palantir & more</b></p><p>1) Virgin Galactic(SPCE) – Virgin Galactic shares tanked 19.9% in premarket action. The companylost 55 cents per sharefor its latest quarter, more than double the 27 cents a share loss that analysts were anticipating. Billionaire Richard Branson's space flight company also said it is evaluating a timeline for its next test flight, citing the need to analyze wear-and-tear issues for its Eve mothership.</p><p>2) Callaway Golf(ELY) – Callaway rallied 7.5% in premarket trading after it surged well past the 14 cents a share consensus estimate, with quarterly earnings of 62 cents per share. The golf equipment and apparel maker's revenue was also well above forecasts, with Callaway saying demand for its products has been \"unprecedented\" as the pandemic recedes.</p><p>3) L Brands(LB) – The retailer has decided tospin off its Victoria's Secret operationrather than sell it. L Brands will split into two separate public companies, Victoria's Secret and Bath & Body Works. The move comes after bids for Victoria's Secret were short of what L Brands had expected. The plans were first reported in The New York Times' Deal book. L Brands shares fell 1.9% in premarket trading.</p><p>4) Palantir Technologies(PLTR) – The data analytics company matched Wall Street forecasts withquarterly profit of 4 cents per share, while revenue topped estimates. It also said it expected annual revenue growth of 30% or more through 2025. Shares dropped 6.6% in premarket action.</p><p>5) Hanesbrands(HBI) – The apparel maker earned 39 cents per share for its latest quarter, beating the 26 cents a share consensus estimate. Revenue came in slightly above analysts' forecasts, however its current-quarter and full-year forecast both fell short of expectations. Its stock tumbled 11.3% in the premarket. Hanesbrands also announced a three-year plan designed to boost sales and profit margins.</p><p>6) Perrigo(PRGO) – The maker of consumer self-care products saw its stock fall 3% in premarket trading after quarterly profit and revenue fell short of Wall Street consensus. Perrigo reaffirmed its prior full-year forecast and noted the tough comparisons to a year ago when consumers stocked up on products as the pandemic took hold.</p><p>7) RealReal(REAL) – The luxury goods consignment retailer matched Street forecasts with a quarterly loss of 49 cents per share, with revenue beating estimates. Research firm BTIG acknowledged the company's solid first quarter in a new analyst report, but downgraded the stock to \"neutral\" from \"buy\" based on a lack of forward catalysts. The stock tumbled 6.4% in the premarket.</p><p>8) Roblox(RBLX) – Roblox reported a 161% increase in quarterly bookings in the gaming platform company'sfirst report since going public. Roblox's gaming activity surged amid the pandemic as more people played games like \"Jailbreak\" and \"MeepCity,\" and spent more of the company's \"Robux\" digital currency for in-game purchases. Shares rose 2% in premarket trading.</p><p>9) Novavax(NVAX) – Novavax shares tumbled 11.9% in the premarket after the drugmaker pushed back its timetable for seeking Covid vaccine approvals. Novavax now said itwon't apply for regulatory approvalin the U.S., U.K. and Europe until the third quarter, and it also pushed back its timeline for full production to the fourth quarter from the third quarter.</p><p>10) Simon Property(SPG) – Simon Propertyreported quarterly earnings of $1.36 per share, beating consensus forecasts by 40 cents, while the mall operator's revenue was slightly above estimates. Simon also cut its full-year forecast, however, and said occupancy levels would not return to 2019 levels until 2022 at the earliest. Its shares fell 3.6% in premarket trading.</p><p>11) 3D Systems(DDD) – 3D Systems earned 17 cents per share for its latest quarter, blowing past the 2 cents a share consensus estimate. The 3D printer maker's revenue also exceeded Wall Street predictions. 3D Systems said it improved its profit margins through expense controls. Its shares surged 9.2% in the premarket.</p><p>12) Norton LifeLock(NLOK) – Norton LifeLock shares rose 2.5% in premarket action after it beat estimates on both the top and bottom lines for its latest quarter. The cybersecurity company also announced a $1.5 billion increase in its share repurchase program.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101624279","content_text":"Reflation panic sparks global stock rout.Tech rout is set to continue with Nasdaq 100 futures falling more than 1%.Most of Blockchain stocks fell over 10%.Tesla plunge over 6%.FAAMG dipped, Apple fell about 3%.Pipeline shuttered by cyberattack to restore service by end of the week.(May 11) Stock-index futures pointed to further losses for equities on Tuesday, with inflation worries seen keeping pressure on previously highflying tech stocks.At 7:52 a.m. ET, Dow E-minis were fell 185 points, or 0.53%, S&P 500 E-minis were down 37 points, or 0.88% and Nasdaq 100 E-minis were down 199.75 points, or 1.50%.On Monday, a tech-led selloff sent the Nasdaq Composite down 2.6% to its lowest close since March 31, while the S&P 500 slumped 1%. The Dow gave up a gain of more than 300 points that had taken it to an all-time high above 35,000 to end the day down 34.94 points, or 0.1%.What’s driving the market?Further pressure on Big Tech shares appeared in store, with shares of Facebook Inc. Apple Inc. ,Amazon.com Inc. ,Netflix Inc. ,Microsoft Corp. and Google parent Alphabet Inc. down more than 1% in premarket activity.Apple fell about 3%, iPhone 12 Production Sees Over 50% Slump At Apple Supplier Foxconn's Factory In India With COVID-19.Tesla shares fell nearly 4% in premarket trading as Reuters reported the electric car maker and bellwether growth play halted plans to expand its Shanghai plant into an export hub.Most of Blockchain stocks fell over 10%.“There isn’t a clear catalyst behind this purge,” said Marios Hadjikyriacos, investment analyst at XM, in a note. “It seems to be a combination of inflation fears making a comeback and some market participants moving higher along the value spectrum, cutting their exposure to anything with a stretched valuation.”The fact that the selloff has been mostly concentrated in tech and growth stocks, however, is encouraging in terms of the overall market outlook, Hadjikyriacos said, because it indicates investors haven’t lost faith in the economic outlook but are moving away from “more speculative” positions, which could even calm some “bubble concerns, considering what is being sold.”Investors continue to focus on the labor market after a much smaller-than-expected rise in nonfarm payrolls in March was reported on Friday.The National Federation of Independent Business said Tuesday its monthly survey founda record 44%of small businesses said job openings went unfilled in April.Data on U.S. March job openings is due at 10 a.m. Eastern.Investors will also hear from several Federal Reserve officials on Tuesday, including New York Fed President John Williams, Fed Gov. Lael Brainard, San Francisco President Mary Daly, Atlanta Fed Raphael Bostic, Philadelphia Fed President Patrick Harker, and Minneapolis Fed President Neel Kashkari.Stocks making the biggest moves in the premarket: Virgin Galactic, Callaway Golf, Palantir & more1) Virgin Galactic(SPCE) – Virgin Galactic shares tanked 19.9% in premarket action. The companylost 55 cents per sharefor its latest quarter, more than double the 27 cents a share loss that analysts were anticipating. Billionaire Richard Branson's space flight company also said it is evaluating a timeline for its next test flight, citing the need to analyze wear-and-tear issues for its Eve mothership.2) Callaway Golf(ELY) – Callaway rallied 7.5% in premarket trading after it surged well past the 14 cents a share consensus estimate, with quarterly earnings of 62 cents per share. The golf equipment and apparel maker's revenue was also well above forecasts, with Callaway saying demand for its products has been \"unprecedented\" as the pandemic recedes.3) L Brands(LB) – The retailer has decided tospin off its Victoria's Secret operationrather than sell it. L Brands will split into two separate public companies, Victoria's Secret and Bath & Body Works. The move comes after bids for Victoria's Secret were short of what L Brands had expected. The plans were first reported in The New York Times' Deal book. L Brands shares fell 1.9% in premarket trading.4) Palantir Technologies(PLTR) – The data analytics company matched Wall Street forecasts withquarterly profit of 4 cents per share, while revenue topped estimates. It also said it expected annual revenue growth of 30% or more through 2025. Shares dropped 6.6% in premarket action.5) Hanesbrands(HBI) – The apparel maker earned 39 cents per share for its latest quarter, beating the 26 cents a share consensus estimate. Revenue came in slightly above analysts' forecasts, however its current-quarter and full-year forecast both fell short of expectations. Its stock tumbled 11.3% in the premarket. Hanesbrands also announced a three-year plan designed to boost sales and profit margins.6) Perrigo(PRGO) – The maker of consumer self-care products saw its stock fall 3% in premarket trading after quarterly profit and revenue fell short of Wall Street consensus. Perrigo reaffirmed its prior full-year forecast and noted the tough comparisons to a year ago when consumers stocked up on products as the pandemic took hold.7) RealReal(REAL) – The luxury goods consignment retailer matched Street forecasts with a quarterly loss of 49 cents per share, with revenue beating estimates. Research firm BTIG acknowledged the company's solid first quarter in a new analyst report, but downgraded the stock to \"neutral\" from \"buy\" based on a lack of forward catalysts. The stock tumbled 6.4% in the premarket.8) Roblox(RBLX) – Roblox reported a 161% increase in quarterly bookings in the gaming platform company'sfirst report since going public. Roblox's gaming activity surged amid the pandemic as more people played games like \"Jailbreak\" and \"MeepCity,\" and spent more of the company's \"Robux\" digital currency for in-game purchases. Shares rose 2% in premarket trading.9) Novavax(NVAX) – Novavax shares tumbled 11.9% in the premarket after the drugmaker pushed back its timetable for seeking Covid vaccine approvals. Novavax now said itwon't apply for regulatory approvalin the U.S., U.K. and Europe until the third quarter, and it also pushed back its timeline for full production to the fourth quarter from the third quarter.10) Simon Property(SPG) – Simon Propertyreported quarterly earnings of $1.36 per share, beating consensus forecasts by 40 cents, while the mall operator's revenue was slightly above estimates. Simon also cut its full-year forecast, however, and said occupancy levels would not return to 2019 levels until 2022 at the earliest. Its shares fell 3.6% in premarket trading.11) 3D Systems(DDD) – 3D Systems earned 17 cents per share for its latest quarter, blowing past the 2 cents a share consensus estimate. The 3D printer maker's revenue also exceeded Wall Street predictions. 3D Systems said it improved its profit margins through expense controls. Its shares surged 9.2% in the premarket.12) Norton LifeLock(NLOK) – Norton LifeLock shares rose 2.5% in premarket action after it beat estimates on both the top and bottom lines for its latest quarter. The cybersecurity company also announced a $1.5 billion increase in its share repurchase program.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
