Nzt48的个人主页 - 老虎社区

Nzt48

Nzt48

Don’t short a new high

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556关注

1410粉丝

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0勋章

2021-05-10

$Tiger Brokers(TIGR)$My tiger seemed so relax

2021-06-16

Finally

Big Tech critic Khan becomes U.S. FTC chair

2021-03-20

Need help on replying this post thank you

Fed Disappoints Market, Lets SLR Relief Expire: What Happens Next

2021-04-16

$DraftKings Inc.(DKNG)$Did I buy the wrong stock?

2021-06-09

Wp

抱歉，原内容已删除

2021-05-07

Let’s go

Square gets a bitcoin boost with revenue up 266%

2021-05-14

$NIO Inc.(NIO)$China stock list in US bound to suffer

2021-06-09

Wp

抱歉，原内容已删除

2021-06-16

To share

2021-05-30

Share share share

2021-05-27

$Tesla Motors(TSLA)$700 way to go

2021-05-14

All hail the king

Elon Musk tweets about Dogecoin, and prices immediately jump

2021-04-26

🍉 is

2021-04-23

Go green soon?

2021-04-16

We shall see

Intel faces a costly and uncertain road back to glory, analyst warns of 'pain' ahead

2021-05-17

Let’s go

2021-05-15

Ermhemm

2021-04-30

Kindly like and comment thank you 😊

Apple v. Epic: What to expect from a trial that could change antitrust law and the mobile-app ecosystem

2021-04-28

Hmmm 🤔

2021-05-09

Indeed

The real story of the Trump-Facebook saga

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21:25","market":"us","language":"en","title":"Why Amazon's MGM Deal Is Bad for Netflix","url":"https://stock-news.laohu8.com/highlight/detail?id=2138291120","media":"Motley Fool","summary":"The streamer will need to fight for every subscriber it can.","content":"<p><b>Amazon</b>'s (NASDAQ:AMZN) blockbuster acquisition of MGM Studios for $8.4 billion could cause headaches for rival <b>Netflix</b> (NASDAQ:NFLX) as it creates a much more formidable competitor in the streaming arena.</p><p>After Netflix added fewer than 4 million new subscribers in the first quarter and said it expects to add only around 1 million in the second, analysts believe Amazon's movie deal makes it imperative that Netflix show it can resume growth in the back half of the year.</p><p>For years Netflix has been the straw that stirred streaming video's drink, and as more competitors entered the market during the pandemic's year of lockdowns, it largely remained the premiere streamer.</p><p>Yet there are limits to just how many services consumers will subscribe to. Though Netflix is often still considered to be <a href=\"https://laohu8.com/S/AONE\">one</a> of the default options, Benchmark analyst Matthew Harrigan just told investors in a research note the \"global video streaming playing field is looking ever less unipolar\" around Netflix, and rival services will be seen as much more competitive.</p><p>He's not alone. Truist analyst Matthew Thornton says Amazon's Prime Video is now \"more formidable,\" though he only sees it as \"modestly negative\" for Netflix and <b>Walt Disney</b>, and Piper Sandler analyst Thomas Champion said he believes it \"may be a bigger issue\" for the two.</p><p>The deal gives Amazon much greater access to quality content and could lead Netflix to lose more content. Since more studios are diverting more content to their own direct-to-consumer services, Netflix will need to rely upon greater amounts of original movies and shows.</p><p>That may not be as much of a draw for luring in new subscribers, and could be more worrisome if the deal signals there is more consolidation on the horizon.</p>","source":"fool_stock","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>Why Amazon's MGM Deal Is Bad for Netflix</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\">\nWhy Amazon's MGM Deal Is Bad for Netflix\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 21:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/27/why-amazons-mgm-deal-is-bad-for-netflix/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon's (NASDAQ:AMZN) blockbuster acquisition of MGM Studios for $8.4 billion could cause headaches for rival Netflix (NASDAQ:NFLX) as it creates a much more formidable competitor in the streaming ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/27/why-amazons-mgm-deal-is-bad-for-netflix/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","NFLX":"奈飞"},"source_url":"https://www.fool.com/investing/2021/05/27/why-amazons-mgm-deal-is-bad-for-netflix/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138291120","content_text":"Amazon's (NASDAQ:AMZN) blockbuster acquisition of MGM Studios for $8.4 billion could cause headaches for rival Netflix (NASDAQ:NFLX) as it creates a much more formidable competitor in the streaming arena.After Netflix added fewer than 4 million new subscribers in the first quarter and said it expects to add only around 1 million in the second, analysts believe Amazon's movie deal makes it imperative that Netflix show it can resume growth in the back half of the year.For years Netflix has been the straw that stirred streaming video's drink, and as more competitors entered the market during the pandemic's year of lockdowns, it largely remained the premiere streamer.Yet there are limits to just how many services consumers will subscribe to. Though Netflix is often still considered to be one of the default options, Benchmark analyst Matthew Harrigan just told investors in a research note the \"global video streaming playing field is looking ever less unipolar\" around Netflix, and rival services will be seen as much more competitive.He's not alone. Truist analyst Matthew Thornton says Amazon's Prime Video is now \"more formidable,\" though he only sees it as \"modestly negative\" for Netflix and Walt Disney, and Piper Sandler analyst Thomas Champion said he believes it \"may be a bigger issue\" for the two.The deal gives Amazon much greater access to quality content and could lead Netflix to lose more content. Since more studios are diverting more content to their own direct-to-consumer services, Netflix will need to rely upon greater amounts of original movies and shows.That may not be as much of a draw for luring in new subscribers, and could be more worrisome if the deal signals there is more consolidation on the horizon.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135070123,"gmtCreate":1622124137462,"gmtModify":1631892765874,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Let’s go","listText":"Let’s go","text":"Let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/135070123","repostId":"1142858927","repostType":4,"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135047698,"gmtCreate":1622124125414,"gmtModify":1631892765882,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Let’s go","listText":"Let’s go","text":"Let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/135047698","repostId":"1142858927","repostType":4,"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135044102,"gmtCreate":1622124074406,"gmtModify":1631892765882,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Let’s go","listText":"Let’s go","text":"Let’s go","images":[{"img":"https://static.tigerbbs.com/78865f8628e12478fb5fb5ba9d7accd4","width":"1125","height":"3431"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/135044102","isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":136518406,"gmtCreate":1622027679905,"gmtModify":1631892765885,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/136518406","repostId":"2138611122","repostType":4,"repost":{"id":"2138611122","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":1622024592,"share":"https://www.laohu8.com/m/news/2138611122?lang=&edition=full","pubTime":"2021-05-26 18:23","market":"us","language":"en","title":"EU antitrust regulators may open Facebook marketplace probe - source","url":"https://stock-news.laohu8.com/highlight/detail?id=2138611122","media":"Reuters","summary":"BRUSSELS, May 26 (Reuters) - EU antitrust regulators may open an investigation into Facebook's    on","content":"<p>BRUSSELS, May 26 (Reuters) - EU antitrust regulators may open an investigation into <a href=\"https://laohu8.com/S/FB\">Facebook</a>'s    online marketplace in the coming weeks, a person familiar with the matter said.</p><p>Facebook's online marketplace drew scrutiny in 2019 from the European Commission, which sent out questionannaires seeking details about its role in relation to rivals in online classified ads, an EU document seen by Reuters at the time showed.</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>EU antitrust regulators may open Facebook marketplace probe - source</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\">\nEU antitrust regulators may open Facebook marketplace probe - source\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-26 18:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BRUSSELS, May 26 (Reuters) - EU antitrust regulators may open an investigation into <a href=\"https://laohu8.com/S/FB\">Facebook</a>'s    online marketplace in the coming weeks, a person familiar with the matter said.</p><p>Facebook's online marketplace drew scrutiny in 2019 from the European Commission, which sent out questionannaires seeking details about its role in relation to rivals in online classified ads, an EU document seen by Reuters at the time showed.</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":"2138611122","content_text":"BRUSSELS, May 26 (Reuters) - EU antitrust regulators may open an investigation into Facebook's    online marketplace in the coming weeks, a person familiar with the matter said.Facebook's online marketplace drew scrutiny in 2019 from the European Commission, which sent out questionannaires seeking details about its role in relation to rivals in online classified ads, an EU document seen by Reuters at the time showed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138839822,"gmtCreate":1621924081866,"gmtModify":1631892765886,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Nothing is going wrong","listText":"Nothing is going wrong","text":"Nothing is going wrong","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/138839822","repostId":"1153229399","repostType":4,"repost":{"id":"1153229399","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1621921219,"share":"https://www.laohu8.com/m/news/1153229399?lang=&edition=full","pubTime":"2021-05-25 13:40","market":"us","language":"en","title":"What's Going On With PG&E Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=1153229399","media":"Benzinga","summary":"Shares ofPG&E Corporation PCG 3.02% rose as much as 3.11% on Monday after the California utility com","content":"<p>Shares of<b>PG&amp;E Corporation</b>&nbsp;PCG 3.02%&nbsp;rose as much as 3.11% on Monday after the California utility company disclosed plans to sell its San Francisco headquarters to Hines Atlas US LP for $800 million and return up to $420 million back to its customers.</p><p><b>What Happened:</b>The sale is part of the gas and power&nbsp;company's planned move to Oakland in 2022 and consolidate two additional Bay Area offices into its new headquarters.</p><p>The deal will need the approval of&nbsp;the California Public Utilities Commission and is not anticipated to have an impact on the company’s 2021 equity needs, PG&amp;E said in a statement.</p><p>The company had inFebruaryannounced a $973 million sale of transmission tower wireless licenses, another strategic sale of its non-core assets.</p><p>According to PG&amp;E's most recent balance sheet, as reported on April 29,&nbsp; the company’s total debt is at $41.06 billion, with $37.80 billion in long-term debt and $3.26 billion in current debt.</p><p><b>Price Action:</b>PG&amp;E shares closed 2.8% higher at $10.58 on Monday.</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>What's Going On With PG&E Stock?</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{ 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{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\">\nWhat's Going On With PG&E Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-05-25 13:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of<b>PG&amp;E Corporation</b>&nbsp;PCG 3.02%&nbsp;rose as much as 3.11% on Monday after the California utility company disclosed plans to sell its San Francisco headquarters to Hines Atlas US LP for $800 million and return up to $420 million back to its customers.</p><p><b>What Happened:</b>The sale is part of the gas and power&nbsp;company's planned move to Oakland in 2022 and consolidate two additional Bay Area offices into its new headquarters.</p><p>The deal will need the approval of&nbsp;the California Public Utilities Commission and is not anticipated to have an impact on the company’s 2021 equity needs, PG&amp;E said in a statement.</p><p>The company had inFebruaryannounced a $973 million sale of transmission tower wireless licenses, another strategic sale of its non-core assets.</p><p>According to PG&amp;E's most recent balance sheet, as reported on April 29,&nbsp; the company’s total debt is at $41.06 billion, with $37.80 billion in long-term debt and $3.26 billion in current debt.</p><p><b>Price Action:</b>PG&amp;E shares closed 2.8% higher at $10.58 on Monday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PCG":"太平洋煤气电力"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153229399","content_text":"Shares ofPG&E Corporation PCG 3.02% rose as much as 3.11% on Monday after the California utility company disclosed plans to sell its San Francisco headquarters to Hines Atlas US LP for $800 million and return up to $420 million back to its customers.What Happened:The sale is part of the gas and power company's planned move to Oakland in 2022 and consolidate two additional Bay Area offices into its new headquarters.The deal will need the approval of the California Public Utilities Commission and is not anticipated to have an impact on the company’s 2021 equity needs, PG&E said in a statement.The company had inFebruaryannounced a $973 million sale of transmission tower wireless licenses, another strategic sale of its non-core assets.According to PG&E's most recent balance sheet, as reported on April 29,  the company’s total debt is at $41.06 billion, with $37.80 billion in long-term debt and $3.26 billion in current debt.Price Action:PG&E shares closed 2.8% higher at $10.58 on Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133024486,"gmtCreate":1621672349645,"gmtModify":1631892765892,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Shall see","listText":"Shall see","text":"Shall 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go","images":[{"img":"https://static.tigerbbs.com/611d8930e936dcc1ef63e36d34b31624","width":"1125","height":"2249"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/130896714","isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":130898310,"gmtCreate":1621521828330,"gmtModify":1631884931954,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XOM\">$Exxon Mobil(XOM)$</a>I wonder","listText":"<a href=\"https://laohu8.com/S/XOM\">$Exxon Mobil(XOM)$</a>I wonder","text":"$Exxon Mobil(XOM)$I 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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":1623805233,"share":"https://www.laohu8.com/m/news/1178647581?lang=&edition=full","pubTime":"2021-06-16 09:00","market":"us","language":"en","title":"Big Tech critic Khan becomes U.S. FTC chair","url":"https://stock-news.laohu8.com/highlight/detail?id=1178647581","media":"Reuters","summary":"WASHINGTON, June 15 (Reuters) - Lina Khan, an antitrust researcher focused on Big Tech’s immense mar","content":"<p>WASHINGTON, June 15 (Reuters) - Lina Khan, an antitrust researcher focused on Big Tech’s immense market power, was sworn in on Tuesday as chair of the U.S. Federal Trade Commission, a victory for progressives seeking a clampdown on tech firms who hold a hefty share of a growing sector of the economy.</p>\n<p>Hours earlier, the U.S. Senate had confirmed Khan, with bipartisan support.</p>\n<p>She recently taught at Columbia Law School. Previously, as a staffer for the House Judiciary Committee's antitrust panel, she helped write a massive report alleging abuses of market dominance by Amazon.com Inc(AMZN.O), Apple Inc(AAPL.O), Facebook Inc(FB.O)and Google parent Alphabet Inc(GOOGL.O).</p>\n<p>\"We applaud President Biden and the Senate for recognizing the urgent need to address runaway corporate power,\" advocacy group Public Citizen said in a statement.</p>\n<p>U.S. Senator Elizabeth Warren tweeted that the administration's selection of Khan was \"tremendous news.\"</p>\n<p>\"With Chair Khan at the helm, we have a huge opportunity to make big, structural change by reviving antitrust enforcement and fighting monopolies that threaten our economy, our society, and our democracy,\" Warren said in a separate statement.</p>\n<p>The Information Technology and Innovation Foundation (ITIF), whose board includes representatives from tech companies, issued a statement warning that a \"populist approach to antitrust\" would \"cause lasting self-inflicted damage that benefits foreign, less meritorious rivals.\"</p>\n<p>The federal government and groups of states are pursuing various lawsuits and investigations into Big Tech companies. The FTC has sued Facebook and is investigating Amazon. The Justice Department has sued Google.</p>\n<p>Ahead of Khan's appointment, Google and Amazon declined comment and Apple and Facebook did not respond to a request for comment.</p>\n<p>Biden previously selected fellow progressive and Big Tech criticTim Wuto join the National Economic Council.</p>\n<p>In 2017, Khan wrote a highly regarded article, \"Amazon's Antitrust Paradox,\" for the Yale Law Journal. It argued that the traditional antitrust focus on price was inadequate to identify antitrust harms done by Amazon.</p>\n<p>In addition to antitrust, the FTC investigates allegations of deceptive advertising.</p>\n<p>On that front, Khan will join an agency adapting to a unanimousSupreme Court rulingfrom April which said the agency could not use a particular part of its statute, 13(b), to demand consumers get restitution from deceptive companies but can only ask for an injunction. Congress is considering a legislative fix.</p>\n<p>Khan previously worked at the FTC as a legal adviser to Commissioner Rohit Chopra, Biden's pick to be director of the Consumer Financial Protection Bureau.</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>Big Tech critic Khan becomes U.S. FTC chair</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\">\nBig Tech critic Khan becomes U.S. FTC chair\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 09:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, June 15 (Reuters) - Lina Khan, an antitrust researcher focused on Big Tech’s immense market power, was sworn in on Tuesday as chair of the U.S. Federal Trade Commission, a victory for progressives seeking a clampdown on tech firms who hold a hefty share of a growing sector of the economy.</p>\n<p>Hours earlier, the U.S. Senate had confirmed Khan, with bipartisan support.</p>\n<p>She recently taught at Columbia Law School. Previously, as a staffer for the House Judiciary Committee's antitrust panel, she helped write a massive report alleging abuses of market dominance by Amazon.com Inc(AMZN.O), Apple Inc(AAPL.O), Facebook Inc(FB.O)and Google parent Alphabet Inc(GOOGL.O).</p>\n<p>\"We applaud President Biden and the Senate for recognizing the urgent need to address runaway corporate power,\" advocacy group Public Citizen said in a statement.</p>\n<p>U.S. Senator Elizabeth Warren tweeted that the administration's selection of Khan was \"tremendous news.\"</p>\n<p>\"With Chair Khan at the helm, we have a huge opportunity to make big, structural change by reviving antitrust enforcement and fighting monopolies that threaten our economy, our society, and our democracy,\" Warren said in a separate statement.</p>\n<p>The Information Technology and Innovation Foundation (ITIF), whose board includes representatives from tech companies, issued a statement warning that a \"populist approach to antitrust\" would \"cause lasting self-inflicted damage that benefits foreign, less meritorious rivals.\"</p>\n<p>The federal government and groups of states are pursuing various lawsuits and investigations into Big Tech companies. The FTC has sued Facebook and is investigating Amazon. The Justice Department has sued Google.</p>\n<p>Ahead of Khan's appointment, Google and Amazon declined comment and Apple and Facebook did not respond to a request for comment.</p>\n<p>Biden previously selected fellow progressive and Big Tech criticTim Wuto join the National Economic Council.</p>\n<p>In 2017, Khan wrote a highly regarded article, \"Amazon's Antitrust Paradox,\" for the Yale Law Journal. It argued that the traditional antitrust focus on price was inadequate to identify antitrust harms done by Amazon.</p>\n<p>In addition to antitrust, the FTC investigates allegations of deceptive advertising.</p>\n<p>On that front, Khan will join an agency adapting to a unanimousSupreme Court rulingfrom April which said the agency could not use a particular part of its statute, 13(b), to demand consumers get restitution from deceptive companies but can only ask for an injunction. Congress is considering a legislative fix.</p>\n<p>Khan previously worked at the FTC as a legal adviser to Commissioner Rohit Chopra, Biden's pick to be director of the Consumer Financial Protection Bureau.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","GOOGL":"谷歌A","NFLX":"奈飞","AAPL":"苹果","GOOG":"谷歌","MSFT":"微软"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178647581","content_text":"WASHINGTON, June 15 (Reuters) - Lina Khan, an antitrust researcher focused on Big Tech’s immense market power, was sworn in on Tuesday as chair of the U.S. Federal Trade Commission, a victory for progressives seeking a clampdown on tech firms who hold a hefty share of a growing sector of the economy.\nHours earlier, the U.S. Senate had confirmed Khan, with bipartisan support.\nShe recently taught at Columbia Law School. Previously, as a staffer for the House Judiciary Committee's antitrust panel, she helped write a massive report alleging abuses of market dominance by Amazon.com Inc(AMZN.O), Apple Inc(AAPL.O), Facebook Inc(FB.O)and Google parent Alphabet Inc(GOOGL.O).\n\"We applaud President Biden and the Senate for recognizing the urgent need to address runaway corporate power,\" advocacy group Public Citizen said in a statement.\nU.S. Senator Elizabeth Warren tweeted that the administration's selection of Khan was \"tremendous news.\"\n\"With Chair Khan at the helm, we have a huge opportunity to make big, structural change by reviving antitrust enforcement and fighting monopolies that threaten our economy, our society, and our democracy,\" Warren said in a separate statement.\nThe Information Technology and Innovation Foundation (ITIF), whose board includes representatives from tech companies, issued a statement warning that a \"populist approach to antitrust\" would \"cause lasting self-inflicted damage that benefits foreign, less meritorious rivals.\"\nThe federal government and groups of states are pursuing various lawsuits and investigations into Big Tech companies. The FTC has sued Facebook and is investigating Amazon. The Justice Department has sued Google.\nAhead of Khan's appointment, Google and Amazon declined comment and Apple and Facebook did not respond to a request for comment.\nBiden previously selected fellow progressive and Big Tech criticTim Wuto join the National Economic Council.\nIn 2017, Khan wrote a highly regarded article, \"Amazon's Antitrust Paradox,\" for the Yale Law Journal. It argued that the traditional antitrust focus on price was inadequate to identify antitrust harms done by Amazon.\nIn addition to antitrust, the FTC investigates allegations of deceptive advertising.\nOn that front, Khan will join an agency adapting to a unanimousSupreme Court rulingfrom April which said the agency could not use a particular part of its statute, 13(b), to demand consumers get restitution from deceptive companies but can only ask for an injunction. Congress is considering a legislative fix.\nKhan previously worked at the FTC as a legal adviser to Commissioner Rohit Chopra, Biden's pick to be director of the Consumer Financial Protection Bureau.","news_type":1},"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350297114,"gmtCreate":1616208609538,"gmtModify":1631892765801,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Need help on replying this post thank you","listText":"Need help on replying this post thank you","text":"Need help on replying this post thank you","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":9,"commentSize":15,"repostSize":0,"link":"https://laohu8.com/post/350297114","repostId":"1199154789","repostType":4,"repost":{"id":"1199154789","pubTimestamp":1616164372,"share":"https://www.laohu8.com/m/news/1199154789?lang=&edition=full","pubTime":"2021-03-19 22:32","market":"us","language":"en","title":"Fed Disappoints Market, Lets SLR Relief Expire: What Happens Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1199154789","media":"zerohedge","summary":"As washinted at, and discussed in depth here,the Fed decided - under political pressure from progressive Democrats such asElizabeth Warren and Sherrod Brown- to let the temporary Supplementary Leverage Ratio  exemption expire as scheduled on March 31, the one year anniversary of the rule change.The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will expire as scheduled on ","content":"<p>As washinted at, and discussed in depth here,the Fed decided - under political pressure from progressive Democrats such asElizabeth Warren and Sherrod Brown- to let the temporary Supplementary Leverage Ratio (SLR) exemption expire as scheduled on March 31, the one year anniversary of the rule change.</p><blockquote>The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will expire as scheduled on March 31, 2021.The temporary change was made to provide flexibility for depository institutions to provide credit to households and businesses in light of the COVID-19 event.</blockquote><p><img src=\"https://static.tigerbbs.com/b822960da59d651f093b5113cd0c3fd0\" tg-width=\"500\" tg-height=\"319\" referrerpolicy=\"no-referrer\">This outcome is theone (again) correctly predictedby former NY Fed guru Zoltan Pozsar who following the FOMC said that \"the fact that the Fed made this adjustment practically preemptively – the o/n RRP facility is not being used at the moment, so there are no capacity constraints yet, while repo and bill yields aren’t trading negative yet –<b>suggests that the Fed is “foaming the runway” for the end of SLR exemption</b>.\"</p><p>Knowing well this would be a very hot button issue for the market, the Fed published thefollowing statementto ease trader nerves, noting that while the SLR special treatment will expire on March 31, the Fed is \"inviting public comment on several potential SLR modifications\" and furthermore, \"<b>Board may need to address the current design and calibration of the SLR over time to prevent strains from developing that could both constrain economic growth and undermine financial stability</b>\" - in short, if yields spike, the Fed will re-introduce the SLR without delay:</p><blockquote>The Federal Reserve Board on Friday announced that the temporary change to its supplementary leverage ratio, or SLR, for bank holding companies will expire as scheduled on March 31. <b>Additionally, the Board will shortly seek comment on measures to adjust the SLR. The Board will take appropriate actions to assure that any changes to the SLR do not erode the overall strength of bank capital requirements.</b>To ease strains in the Treasury market resulting from the COVID-19 pandemic and to promote lending to households and businesses, the Board temporarily modified the SLR last year to exclude U.S. Treasury securities and central bank reserves. Since that time, the Treasury market has stabilized. <b>However, because of recent growth in the supply of central bank reserves and the issuance of Treasury securities, the Board may need to address the current design and calibration of the SLR over time to prevent strains from developing that could both constrain economic growth and undermine financial stability.To ensure that the SLR—which was established in 2014 as an additional capital requirement—remains effective in an environment of higher reserves, the Board will soon be inviting public comment on several potential SLR modifications.</b>The proposal and comments will contribute to ongoing discussions with the Department of the Treasury and other regulators on future work to ensure the resiliency of the Treasury market.</blockquote><p>The Fed's soothing wods notwithstanding,<b>having been primed for a favorable outcome, the Fed's disappointing announcement was hardly the news traders were hoping for and stocks tumbled...</b></p><p><img src=\"https://static.tigerbbs.com/c341c3843a5031cd1599c2c89e198050\" tg-width=\"500\" tg-height=\"305\" referrerpolicy=\"no-referrer\">Bond yields spiked...</p><p><img src=\"https://static.tigerbbs.com/14173c1ce587fb45efe4c30ecc1dfbab\" tg-width=\"500\" tg-height=\"284\" referrerpolicy=\"no-referrer\">... while the stock of JPM, which is the most exposed bank to SLR relief (as noted yesterday in \"Facing Up To JP Morgan's Leverage Relief Threats\")...</p><p><img src=\"https://static.tigerbbs.com/32811183fba3dbddf1c440836298c7f3\" tg-width=\"500\" tg-height=\"602\" referrerpolicy=\"no-referrer\">.... slumped.</p><p><img src=\"https://static.tigerbbs.com/2fba41463f15e79d2b8436cdd6a526fc\" tg-width=\"500\" tg-height=\"306\" referrerpolicy=\"no-referrer\">In case you've been living under a rock, here's why you should care about the SLR decision: First, for those whomissed our primer on the issue, some background from JPM (ironically the one bank that has the most to lose from the Fed's decision) the bottom line is that without SLR relief,<b>banks may have to delever, raise new capital, halt buybacks, sell preferred stock, turn down deposits and generally push back on reserves (not necessarily all of these, and not in that order) just as the Fed is injecting hundreds of billions of reserves into the market as the Treasury depletes its TGA account.</b></p><blockquote>The massive expansion of the Fed’s balance that has occurred implied an equally massive growth in bank reserves held at Federal Reserve banks. <b>The expiration of the regulatory relief would add ~$2.1tn of leverage exposure across the 8 GSIBs. As well, TGA reduction and continued QE could add another ~$2.35tn of deposits to the system during 2021.</b></blockquote><p><img src=\"https://static.tigerbbs.com/392342c2f3e1dd008b2276172a9b3ecf\" tg-width=\"500\" tg-height=\"253\" referrerpolicy=\"no-referrer\">While the expiry of the carve-out on March 31 would not have an immediate impact on GSIBs, the continued increase in leverage assets throughout the course of the year would increase long-term debt (LTD) and preferred requirements. Here, JPM takes an optimistic view and writes that<b>\"even the “worst” case issuance scenario as very manageable, with LTD needs of $35bn for TLAC requirements and preferred needs of $15-$20bn to maintain the industry-wide SLR at 5.6%.</b></p><p>The constraint is greater at the bank entity, where the capacity to grow leverage exposure to be ~$765bn at 6.2% SLR.\"Goldman's take was more troubling: the bank estimated that under the continued QE regime, there would be a shortfall of some $2 trillion in reserve capacity, mainly in the form of deposits which the banks would be unable to accept as part of ongoing QE (much more in Goldman'sfull take of the SLR quandary).</p><p><b>So what happens next?</b></p><p>Addressing this topic, yesterday Curvature's Scott Skyrm wrote that \"<i>the largest banks are enjoying much larger balance sheets, but there are political factors in Washington that are against an extension of the exemption.... Here are a couple of scenarios and their implications on the Repo market</i>:</p><blockquote>The exemption is extended 3 months or 6 months - No impact on the Repo market. It's already fully priced-in.The exemption is continued for reserves, but ended for Treasurys. <b>Since large banks are the largest cash providers in the Repo market, less cash is intermediated into the market and Repo rates rise. Volatility increases as Repo assets move from the largest banks to the other Repo market participants.The exemption is ended for both reserves and Treasurys. Same as above.</b></blockquote><p>In other words, Skyrm has a relatively downbeat view, warning that \"since large banks are the largest cash providers in the Repo market, less cash is intermediated into the market and Repo rates rise.\" Additionally, volatility is likely to increase as repo assets move from the largest banks to the other Repo market participants...</p><p>Perhaps a bit too draconian? Well, last week, JPMorgan laid out 5 scenarios for SLR, of which two predicted the end of SLR relief on March 31, as follow:</p><blockquote><u><b>3. Relief ends March 31, banks fully raise capital</b></u> <b>Impact on BanksRatesFront-End Rates</b> <u><b>4. Relief ends March 31, banks raise capital &amp; de-lever</b></u> <b>Impact on BanksRatesFront-End Rates</b></blockquote><p>Going back to Zoltan, let's recallthat the repo gurualso cautioned that \"ending the exemption of reserves and Treasuries from the calculation of the SLR may mean that U.S. banks will turn away deposits and reserves on the margin (not Treasuries) to leave more room for market-making activities,<b>and these flows will swell further money funds’ inflows coming from TGA drawdowns.</b>\"</p><p>More importantly, Zoltan does not expect broad chaos in repo or broader markets, and instead provides a more benign view on the negligible impact the SLR has had (and will be if it is eliminated), as he explained in a note from Tuesday.</p><p><img src=\"https://static.tigerbbs.com/caeeb2b1290e084832f29d61cea6a90b\" tg-width=\"500\" tg-height=\"534\" referrerpolicy=\"no-referrer\">How to determine if Zoltan's benign view is correct? He concluded his note by writing that \"given that our call for a zero-to-negative FRA-OIS spread by the end of June was predicated on the end of SLR extension and an assumption that the Fed will try to fix a quantity problem with prices, not quantities, today’s adjustments mean that FRA-OIS won’t trade all the way down to zero or negative territory.\"</p><blockquote>FRA-OIS from here will be a function of how tight FX swaps will trade relative to OIS, but Treasury bills trading at deeply sub-zero rates is no longer a risk...</blockquote><p>While Bills have occasionally dipped into the negative territory on occasion, so far they have avoided a fullblown plunge into NIRP, which may be just the positive sign the market is waiting for to ease the nerves associated with the sudden and largely unexpected end of the SLR exemption.</p><p>* *&nbsp; *</p><p>Finally, for those curious what the immediate market impact will be, NatWest strategist Blake Gwinn writes that the Fed announcement that they’re letting regulatory exemptions for banks expire at the end of the month \"really threads the needle and \"assuages concerns about the potential long-term impact on the markets\" as<b>the SLR \"ends it but defuses a lot of the knee-jerk market reaction” by pledging to address the current design and calibration of the supplementary leverage ratio to prevent strains from developing</b>.</p><p>“I was never worried about a day-one bank puke of Treasuries or drawdown in repo or anything like that on no renewal,” Gwinn said. “My concern was the longer run,” like as reserves continue to rise, would the SLR “become a nuisance and drag on Treasuries and spreads” Gwinn concludes that with the statement, the Fed is<b>\"really speaking to those fears and basically saying, ‘don’t worry, we are on it’.”</b></p><p>Well, with yields spiking to HOD in early quad-witch trading, the market sure seems quite skeptical that the Fed is on anything.</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>Fed Disappoints Market, Lets SLR Relief Expire: What Happens Next</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\">\nFed Disappoints Market, Lets SLR Relief Expire: What Happens Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-19 22:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/stocks-bopnds-tank-after-fed-lets-slr-relief-expire><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As washinted at, and discussed in depth here,the Fed decided - under political pressure from progressive Democrats such asElizabeth Warren and Sherrod Brown- to let the temporary Supplementary ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/stocks-bopnds-tank-after-fed-lets-slr-relief-expire\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/stocks-bopnds-tank-after-fed-lets-slr-relief-expire","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199154789","content_text":"As washinted at, and discussed in depth here,the Fed decided - under political pressure from progressive Democrats such asElizabeth Warren and Sherrod Brown- to let the temporary Supplementary Leverage Ratio (SLR) exemption expire as scheduled on March 31, the one year anniversary of the rule change.The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will expire as scheduled on March 31, 2021.The temporary change was made to provide flexibility for depository institutions to provide credit to households and businesses in light of the COVID-19 event.This outcome is theone (again) correctly predictedby former NY Fed guru Zoltan Pozsar who following the FOMC said that \"the fact that the Fed made this adjustment practically preemptively – the o/n RRP facility is not being used at the moment, so there are no capacity constraints yet, while repo and bill yields aren’t trading negative yet –suggests that the Fed is “foaming the runway” for the end of SLR exemption.\"Knowing well this would be a very hot button issue for the market, the Fed published thefollowing statementto ease trader nerves, noting that while the SLR special treatment will expire on March 31, the Fed is \"inviting public comment on several potential SLR modifications\" and furthermore, \"Board may need to address the current design and calibration of the SLR over time to prevent strains from developing that could both constrain economic growth and undermine financial stability\" - in short, if yields spike, the Fed will re-introduce the SLR without delay:The Federal Reserve Board on Friday announced that the temporary change to its supplementary leverage ratio, or SLR, for bank holding companies will expire as scheduled on March 31. Additionally, the Board will shortly seek comment on measures to adjust the SLR. The Board will take appropriate actions to assure that any changes to the SLR do not erode the overall strength of bank capital requirements.To ease strains in the Treasury market resulting from the COVID-19 pandemic and to promote lending to households and businesses, the Board temporarily modified the SLR last year to exclude U.S. Treasury securities and central bank reserves. Since that time, the Treasury market has stabilized. However, because of recent growth in the supply of central bank reserves and the issuance of Treasury securities, the Board may need to address the current design and calibration of the SLR over time to prevent strains from developing that could both constrain economic growth and undermine financial stability.To ensure that the SLR—which was established in 2014 as an additional capital requirement—remains effective in an environment of higher reserves, the Board will soon be inviting public comment on several potential SLR modifications.The proposal and comments will contribute to ongoing discussions with the Department of the Treasury and other regulators on future work to ensure the resiliency of the Treasury market.The Fed's soothing wods notwithstanding,having been primed for a favorable outcome, the Fed's disappointing announcement was hardly the news traders were hoping for and stocks tumbled...Bond yields spiked...... while the stock of JPM, which is the most exposed bank to SLR relief (as noted yesterday in \"Facing Up To JP Morgan's Leverage Relief Threats\")....... slumped.In case you've been living under a rock, here's why you should care about the SLR decision: First, for those whomissed our primer on the issue, some background from JPM (ironically the one bank that has the most to lose from the Fed's decision) the bottom line is that without SLR relief,banks may have to delever, raise new capital, halt buybacks, sell preferred stock, turn down deposits and generally push back on reserves (not necessarily all of these, and not in that order) just as the Fed is injecting hundreds of billions of reserves into the market as the Treasury depletes its TGA account.The massive expansion of the Fed’s balance that has occurred implied an equally massive growth in bank reserves held at Federal Reserve banks. The expiration of the regulatory relief would add ~$2.1tn of leverage exposure across the 8 GSIBs. As well, TGA reduction and continued QE could add another ~$2.35tn of deposits to the system during 2021.While the expiry of the carve-out on March 31 would not have an immediate impact on GSIBs, the continued increase in leverage assets throughout the course of the year would increase long-term debt (LTD) and preferred requirements. Here, JPM takes an optimistic view and writes that\"even the “worst” case issuance scenario as very manageable, with LTD needs of $35bn for TLAC requirements and preferred needs of $15-$20bn to maintain the industry-wide SLR at 5.6%.The constraint is greater at the bank entity, where the capacity to grow leverage exposure to be ~$765bn at 6.2% SLR.\"Goldman's take was more troubling: the bank estimated that under the continued QE regime, there would be a shortfall of some $2 trillion in reserve capacity, mainly in the form of deposits which the banks would be unable to accept as part of ongoing QE (much more in Goldman'sfull take of the SLR quandary).So what happens next?Addressing this topic, yesterday Curvature's Scott Skyrm wrote that \"the largest banks are enjoying much larger balance sheets, but there are political factors in Washington that are against an extension of the exemption.... Here are a couple of scenarios and their implications on the Repo market:The exemption is extended 3 months or 6 months - No impact on the Repo market. It's already fully priced-in.The exemption is continued for reserves, but ended for Treasurys. Since large banks are the largest cash providers in the Repo market, less cash is intermediated into the market and Repo rates rise. Volatility increases as Repo assets move from the largest banks to the other Repo market participants.The exemption is ended for both reserves and Treasurys. Same as above.In other words, Skyrm has a relatively downbeat view, warning that \"since large banks are the largest cash providers in the Repo market, less cash is intermediated into the market and Repo rates rise.\" Additionally, volatility is likely to increase as repo assets move from the largest banks to the other Repo market participants...Perhaps a bit too draconian? Well, last week, JPMorgan laid out 5 scenarios for SLR, of which two predicted the end of SLR relief on March 31, as follow:3. Relief ends March 31, banks fully raise capital Impact on BanksRatesFront-End Rates 4. Relief ends March 31, banks raise capital & de-lever Impact on BanksRatesFront-End RatesGoing back to Zoltan, let's recallthat the repo gurualso cautioned that \"ending the exemption of reserves and Treasuries from the calculation of the SLR may mean that U.S. banks will turn away deposits and reserves on the margin (not Treasuries) to leave more room for market-making activities,and these flows will swell further money funds’ inflows coming from TGA drawdowns.\"More importantly, Zoltan does not expect broad chaos in repo or broader markets, and instead provides a more benign view on the negligible impact the SLR has had (and will be if it is eliminated), as he explained in a note from Tuesday.How to determine if Zoltan's benign view is correct? He concluded his note by writing that \"given that our call for a zero-to-negative FRA-OIS spread by the end of June was predicated on the end of SLR extension and an assumption that the Fed will try to fix a quantity problem with prices, not quantities, today’s adjustments mean that FRA-OIS won’t trade all the way down to zero or negative territory.\"FRA-OIS from here will be a function of how tight FX swaps will trade relative to OIS, but Treasury bills trading at deeply sub-zero rates is no longer a risk...While Bills have occasionally dipped into the negative territory on occasion, so far they have avoided a fullblown plunge into NIRP, which may be just the positive sign the market is waiting for to ease the nerves associated with the sudden and largely unexpected end of the SLR exemption.* *  *Finally, for those curious what the immediate market impact will be, NatWest strategist Blake Gwinn writes that the Fed announcement that they’re letting regulatory exemptions for banks expire at the end of the month \"really threads the needle and \"assuages concerns about the potential long-term impact on the markets\" asthe SLR \"ends it but defuses a lot of the knee-jerk market reaction” by pledging to address the current design and calibration of the supplementary leverage ratio to prevent strains from developing.“I was never worried about a day-one bank puke of Treasuries or drawdown in repo or anything like that on no renewal,” Gwinn said. “My concern was the longer run,” like as reserves continue to rise, would the SLR “become a nuisance and drag on Treasuries and spreads” Gwinn concludes that with the statement, the Fed is\"really speaking to those fears and basically saying, ‘don’t worry, we are on it’.”Well, with yields spiking to HOD in early quad-witch trading, the market sure seems quite skeptical that the Fed is on anything.","news_type":1},"isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347548698,"gmtCreate":1618504485514,"gmtModify":1631884911714,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DKNG\">$DraftKings Inc.(DKNG)$</a>Did I buy the wrong stock?","listText":"<a href=\"https://laohu8.com/S/DKNG\">$DraftKings Inc.(DKNG)$</a>Did I buy the wrong stock?","text":"$DraftKings Inc.(DKNG)$Did I buy the wrong stock?","images":[{"img":"https://static.tigerbbs.com/76669abb38b5449b5638f207c8e570a8","width":"1242","height":"2151"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":12,"commentSize":13,"repostSize":0,"link":"https://laohu8.com/post/347548698","isVote":1,"tweetType":1,"viewCount":747,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":189844228,"gmtCreate":1623252943364,"gmtModify":1631890974554,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Wp","listText":"Wp","text":"Wp","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":19,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/189844228","repostId":"1188697627","repostType":4,"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104023985,"gmtCreate":1620346318847,"gmtModify":1631892765811,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Let’s go","listText":"Let’s go","text":"Let’s go","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":15,"commentSize":11,"repostSize":0,"link":"https://laohu8.com/post/104023985","repostId":"1123939866","repostType":4,"repost":{"id":"1123939866","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":1620342830,"share":"https://www.laohu8.com/m/news/1123939866?lang=&edition=full","pubTime":"2021-05-07 07:13","market":"us","language":"en","title":"Square gets a bitcoin boost with revenue up 266%","url":"https://stock-news.laohu8.com/highlight/detail?id=1123939866","media":"Tiger Newspress","summary":"Square shares rose as much as 6% in after-hours trading Thursday after the company reported fiscal f","content":"<p>Square&nbsp;shares rose as much as 6% in after-hours trading Thursday after the company&nbsp;reported fiscal first-quarter earnings&nbsp;that blew past Wall Street's expectations.<img src=\"https://static.tigerbbs.com/cf038ea81aa7f2f8ad95bf04e9d86fc9\" tg-width=\"702\" tg-height=\"527\" referrerpolicy=\"no-referrer\"></p><p>Here's how the company did:</p><ul><li><b>Earnings per share:</b>41 cents, adjusted, vs. 16 cents expected in a Refinitiv survey of analysts</li></ul><ul><li><b>Revenue:</b>$5.06 billion vs. $3.36 billion expected by Refinitiv</li></ul><p><img src=\"https://static.tigerbbs.com/91be60df3686c86a419c071c067ea8d8\" tg-width=\"772\" tg-height=\"686\" referrerpolicy=\"no-referrer\">First-quarter revenue rose to $5.06 billion, up 266% year over year, largely thanks to gains in bitcoin revenue. Net income for the quarter was $39 million.</p><p>Gross profit grew 79% year over year to $964 million in the quarter that ended Mar. 31, according to a statement.</p><p>Cash App gross profit came in at $495 million, up 171% year over year. In March, Square's peer-to-peer competitor to Venmo began offering customers the ability to instantly send bitcoin for free.</p><p>Square reported $3.5 billion in bitcoin revenue, up 11 times year over year. But bitcoin gross profit was only $75 million, or approximately 2% of revenue.</p><p>On the company's earnings call, CEO Jack Dorsey said Square sees bitcoin as the internet's potential to have a native currency, and the company wants to \"further that as much as we can.\"</p><p>\"Our focus, first and foremost, is on enabling ... bitcoin to be the native currency,\" said Dorsey. \"It removes a bunch of friction for our business. And we believe fully that it creates more opportunities for economic empowerment around the world.\"</p><p>Beyond offering users the ability to buy and sell bitcoin in the Cash App, the company also launched the Cryptocurrency Open Patent Alliance, or COPA, which is an open-source foundation for crypto patents to protect the community.</p><p>Square itself bought $50 million worth of bitcoin in October and an additional $170 million worth of bitcoin in February. The company said that as of March 31, it had lost $20 million on its bitcoin investment for the quarter, though the fair value of its investment was $472 million, based on observable market prices.</p><p>With respect to guidance, the company expects gross profit to grow by more than 135% year over year for its seller ecosystem and by approximately 130% year over year for its Cash App, in April.</p><p>CFO Amrita Ahuja said the company expected year-over-year gross profit growth rates to moderate from April to the remainder of the second quarter, as growth comparisons get tougher in May and June.</p><p>\"We believe our customers had greater spending power from government funds, which drove an uplift in inflows in March,\" said Ahuja. \"We have since seen a normalization with inflows down 16% in April, compared to March.\"</p><p>Excluding the after-hours move, Square stock has risen about 2.3% since the start of the year, while theNasdaqis up about 5.8% over the same period.</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>Square gets a bitcoin boost with revenue up 266%</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\">\nSquare gets a bitcoin boost with revenue up 266%\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\">2021-05-07 07:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Square&nbsp;shares rose as much as 6% in after-hours trading Thursday after the company&nbsp;reported fiscal first-quarter earnings&nbsp;that blew past Wall Street's expectations.<img src=\"https://static.tigerbbs.com/cf038ea81aa7f2f8ad95bf04e9d86fc9\" tg-width=\"702\" tg-height=\"527\" referrerpolicy=\"no-referrer\"></p><p>Here's how the company did:</p><ul><li><b>Earnings per share:</b>41 cents, adjusted, vs. 16 cents expected in a Refinitiv survey of analysts</li></ul><ul><li><b>Revenue:</b>$5.06 billion vs. $3.36 billion expected by Refinitiv</li></ul><p><img src=\"https://static.tigerbbs.com/91be60df3686c86a419c071c067ea8d8\" tg-width=\"772\" tg-height=\"686\" referrerpolicy=\"no-referrer\">First-quarter revenue rose to $5.06 billion, up 266% year over year, largely thanks to gains in bitcoin revenue. Net income for the quarter was $39 million.</p><p>Gross profit grew 79% year over year to $964 million in the quarter that ended Mar. 31, according to a statement.</p><p>Cash App gross profit came in at $495 million, up 171% year over year. In March, Square's peer-to-peer competitor to Venmo began offering customers the ability to instantly send bitcoin for free.</p><p>Square reported $3.5 billion in bitcoin revenue, up 11 times year over year. But bitcoin gross profit was only $75 million, or approximately 2% of revenue.</p><p>On the company's earnings call, CEO Jack Dorsey said Square sees bitcoin as the internet's potential to have a native currency, and the company wants to \"further that as much as we can.\"</p><p>\"Our focus, first and foremost, is on enabling ... bitcoin to be the native currency,\" said Dorsey. \"It removes a bunch of friction for our business. And we believe fully that it creates more opportunities for economic empowerment around the world.\"</p><p>Beyond offering users the ability to buy and sell bitcoin in the Cash App, the company also launched the Cryptocurrency Open Patent Alliance, or COPA, which is an open-source foundation for crypto patents to protect the community.</p><p>Square itself bought $50 million worth of bitcoin in October and an additional $170 million worth of bitcoin in February. The company said that as of March 31, it had lost $20 million on its bitcoin investment for the quarter, though the fair value of its investment was $472 million, based on observable market prices.</p><p>With respect to guidance, the company expects gross profit to grow by more than 135% year over year for its seller ecosystem and by approximately 130% year over year for its Cash App, in April.</p><p>CFO Amrita Ahuja said the company expected year-over-year gross profit growth rates to moderate from April to the remainder of the second quarter, as growth comparisons get tougher in May and June.</p><p>\"We believe our customers had greater spending power from government funds, which drove an uplift in inflows in March,\" said Ahuja. \"We have since seen a normalization with inflows down 16% in April, compared to March.\"</p><p>Excluding the after-hours move, Square stock has risen about 2.3% since the start of the year, while theNasdaqis up about 5.8% over the same period.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123939866","content_text":"Square shares rose as much as 6% in after-hours trading Thursday after the company reported fiscal first-quarter earnings that blew past Wall Street's expectations.Here's how the company did:Earnings per share:41 cents, adjusted, vs. 16 cents expected in a Refinitiv survey of analystsRevenue:$5.06 billion vs. $3.36 billion expected by RefinitivFirst-quarter revenue rose to $5.06 billion, up 266% year over year, largely thanks to gains in bitcoin revenue. Net income for the quarter was $39 million.Gross profit grew 79% year over year to $964 million in the quarter that ended Mar. 31, according to a statement.Cash App gross profit came in at $495 million, up 171% year over year. In March, Square's peer-to-peer competitor to Venmo began offering customers the ability to instantly send bitcoin for free.Square reported $3.5 billion in bitcoin revenue, up 11 times year over year. But bitcoin gross profit was only $75 million, or approximately 2% of revenue.On the company's earnings call, CEO Jack Dorsey said Square sees bitcoin as the internet's potential to have a native currency, and the company wants to \"further that as much as we can.\"\"Our focus, first and foremost, is on enabling ... bitcoin to be the native currency,\" said Dorsey. \"It removes a bunch of friction for our business. And we believe fully that it creates more opportunities for economic empowerment around the world.\"Beyond offering users the ability to buy and sell bitcoin in the Cash App, the company also launched the Cryptocurrency Open Patent Alliance, or COPA, which is an open-source foundation for crypto patents to protect the community.Square itself bought $50 million worth of bitcoin in October and an additional $170 million worth of bitcoin in February. The company said that as of March 31, it had lost $20 million on its bitcoin investment for the quarter, though the fair value of its investment was $472 million, based on observable market prices.With respect to guidance, the company expects gross profit to grow by more than 135% year over year for its seller ecosystem and by approximately 130% year over year for its Cash App, in April.CFO Amrita Ahuja said the company expected year-over-year gross profit growth rates to moderate from April to the remainder of the second quarter, as growth comparisons get tougher in May and June.\"We believe our customers had greater spending power from government funds, which drove an uplift in inflows in March,\" said Ahuja. \"We have since seen a normalization with inflows down 16% in April, compared to March.\"Excluding the after-hours move, Square stock has risen about 2.3% since the start of the year, while theNasdaqis up about 5.8% over the same period.","news_type":1},"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198382970,"gmtCreate":1620926933990,"gmtModify":1631892765791,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>China stock list in US bound to suffer","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>China stock list in US bound to suffer","text":"$NIO Inc.(NIO)$China stock list in US bound to 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share","listText":"To share","text":"To share","images":[{"img":"https://static.tigerbbs.com/659cfdea4284a1a851422a14f8772552","width":"1125","height":"2507"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":25,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/160795103","isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":137593744,"gmtCreate":1622358259088,"gmtModify":1631890974574,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Share share share","listText":"Share share share","text":"Share share share","images":[{"img":"https://static.tigerbbs.com/ae11d41610948069fab03b3a644ae2b5","width":"1125","height":"2344"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":7,"repostSize":1,"link":"https://laohu8.com/post/137593744","isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":135076243,"gmtCreate":1622124242382,"gmtModify":1631890974606,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>700 way to go","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>700 way to go","text":"$Tesla Motors(TSLA)$700 way to go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/135076243","isVote":1,"tweetType":1,"viewCount":835,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198696619,"gmtCreate":1620954376531,"gmtModify":1631892765797,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"All hail the king","listText":"All hail the king","text":"All hail the king","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/198696619","repostId":"2135675519","repostType":4,"repost":{"id":"2135675519","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1620953700,"share":"https://www.laohu8.com/m/news/2135675519?lang=&edition=full","pubTime":"2021-05-14 08:55","market":"us","language":"en","title":"Elon Musk tweets about Dogecoin, and prices immediately jump","url":"https://stock-news.laohu8.com/highlight/detail?id=2135675519","media":"Dow Jones","summary":"'Working with Doge devs to improve system transaction efficiency,' Tesla CEO says a day after haltin","content":"<p>'Working with Doge devs to improve system transaction efficiency,' Tesla CEO says a day after halting bitcoin transactions and sending that cryptocurrency lower</p>\n<p>A day after revealing that Tesla Inc. would stop accepting bitcoin as payment for its cars, Tesla Chief Executive Elon Musk suggested Thursday that another cryptocurrency, Dogecoin, could be turned into a suitable replacement.</p>\n<p>\"Working with Doge devs to improve system transaction efficiency,\" Musk tweeted . \"Potentially promising.\"</p>\n<p>Dogecoin prices immediately shot higher, after bitcoin took a large hit in the wake of Wednesday's announcement purchase of $1.5 billion in bitcoin and acceptance of the cryptocurrency as a payment option was seen at the time as a sign of growing institutional acceptance of crypto.</p>\n<p>While bitcoin has been seen as a potential payments option since its inception, Dogecoin was largely conceived as a joke. The crypto has seen a stunning increase, however, since Musk adopted it as a meme and began tweeting about it earlier this year, including strong gains last week before the billionaire's guest-hosting appearance on \"Saturday Night Live.\"</p>\n<p>Immediately after Musk's tweet Thursday, Dogecoin prices jumped from less than 43 cents apiece to more than 50 cents. Bitcoin declined from about $54,500 a coin to less than $50,000 in the 24 hours after Musk's announcement of Tesla's move.</p>\n<p>Musk clarified his comments Thursday, tweeting \"I strongly believe in crypto, but it can't drive a massive increase in fossil fuel use, especially coal.\"</p>\n<p>Tesla stock was up a tick in after-hours trading, after falling 3.1% to $571.69 in regular trading. Shares closed below Tesla's 200-day moving average Thursday for the first time in more than a year , and have now declined 19% so far in 2021, as the S&amp;P 500 index has gained 9.5%.</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>Elon Musk tweets about Dogecoin, and prices immediately jump</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\">\nElon Musk tweets about Dogecoin, and prices immediately jump\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-14 08:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>'Working with Doge devs to improve system transaction efficiency,' Tesla CEO says a day after halting bitcoin transactions and sending that cryptocurrency lower</p>\n<p>A day after revealing that Tesla Inc. would stop accepting bitcoin as payment for its cars, Tesla Chief Executive Elon Musk suggested Thursday that another cryptocurrency, Dogecoin, could be turned into a suitable replacement.</p>\n<p>\"Working with Doge devs to improve system transaction efficiency,\" Musk tweeted . \"Potentially promising.\"</p>\n<p>Dogecoin prices immediately shot higher, after bitcoin took a large hit in the wake of Wednesday's announcement purchase of $1.5 billion in bitcoin and acceptance of the cryptocurrency as a payment option was seen at the time as a sign of growing institutional acceptance of crypto.</p>\n<p>While bitcoin has been seen as a potential payments option since its inception, Dogecoin was largely conceived as a joke. The crypto has seen a stunning increase, however, since Musk adopted it as a meme and began tweeting about it earlier this year, including strong gains last week before the billionaire's guest-hosting appearance on \"Saturday Night Live.\"</p>\n<p>Immediately after Musk's tweet Thursday, Dogecoin prices jumped from less than 43 cents apiece to more than 50 cents. Bitcoin declined from about $54,500 a coin to less than $50,000 in the 24 hours after Musk's announcement of Tesla's move.</p>\n<p>Musk clarified his comments Thursday, tweeting \"I strongly believe in crypto, but it can't drive a massive increase in fossil fuel use, especially coal.\"</p>\n<p>Tesla stock was up a tick in after-hours trading, after falling 3.1% to $571.69 in regular trading. Shares closed below Tesla's 200-day moving average Thursday for the first time in more than a year , and have now declined 19% so far in 2021, as the S&amp;P 500 index has gained 9.5%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2135675519","content_text":"'Working with Doge devs to improve system transaction efficiency,' Tesla CEO says a day after halting bitcoin transactions and sending that cryptocurrency lower\nA day after revealing that Tesla Inc. would stop accepting bitcoin as payment for its cars, Tesla Chief Executive Elon Musk suggested Thursday that another cryptocurrency, Dogecoin, could be turned into a suitable replacement.\n\"Working with Doge devs to improve system transaction efficiency,\" Musk tweeted . \"Potentially promising.\"\nDogecoin prices immediately shot higher, after bitcoin took a large hit in the wake of Wednesday's announcement purchase of $1.5 billion in bitcoin and acceptance of the cryptocurrency as a payment option was seen at the time as a sign of growing institutional acceptance of crypto.\nWhile bitcoin has been seen as a potential payments option since its inception, Dogecoin was largely conceived as a joke. The crypto has seen a stunning increase, however, since Musk adopted it as a meme and began tweeting about it earlier this year, including strong gains last week before the billionaire's guest-hosting appearance on \"Saturday Night Live.\"\nImmediately after Musk's tweet Thursday, Dogecoin prices jumped from less than 43 cents apiece to more than 50 cents. Bitcoin declined from about $54,500 a coin to less than $50,000 in the 24 hours after Musk's announcement of Tesla's move.\nMusk clarified his comments Thursday, tweeting \"I strongly believe in crypto, but it can't drive a massive increase in fossil fuel use, especially coal.\"\nTesla stock was up a tick in after-hours trading, after falling 3.1% to $571.69 in regular trading. Shares closed below Tesla's 200-day moving average Thursday for the first time in more than a year , and have now declined 19% so far in 2021, as the S&P 500 index has gained 9.5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375461998,"gmtCreate":1619392424414,"gmtModify":1634273928374,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"🍉 is&nbsp;","listText":"🍉 is&nbsp;","text":"🍉 is","images":[{"img":"https://static.tigerbbs.com/bea7072971877f2f5fc9019ce32938d7","width":"1125","height":"2469"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":10,"commentSize":10,"repostSize":0,"link":"https://laohu8.com/post/375461998","isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":372850611,"gmtCreate":1619192866933,"gmtModify":1634287842807,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Go green soon?","listText":"Go green soon?","text":"Go green soon?","images":[{"img":"https://static.tigerbbs.com/dea6a9bfefa13ba31c3f3f1350c77ec0","width":"1125","height":"2374"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/372850611","isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":370960071,"gmtCreate":1618544139093,"gmtModify":1634292186298,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"We shall see","listText":"We shall see","text":"We shall see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/370960071","repostId":"2127865888","repostType":4,"repost":{"id":"2127865888","pubTimestamp":1618543026,"share":"https://www.laohu8.com/m/news/2127865888?lang=&edition=full","pubTime":"2021-04-16 11:17","market":"us","language":"en","title":"Intel faces a costly and uncertain road back to glory, analyst warns of 'pain' ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2127865888","media":"MarketWatch","summary":"Raymond James turns bearish on Intel shares, but calls rival chip maker Nvidia a 'strong buy'\nRecent","content":"<p>Raymond James turns bearish on Intel shares, but calls rival chip maker Nvidia a 'strong buy'</p>\n<p>Recent enthusiasm for Intel Corp.'s new chief executive and his ambitious plans to transform the company overlooks the risks and costs associated with the chipmaker's strategy, an analyst argued Thursday.</p>\n<p>Chris Caso of Raymond James downgraded Intel's stock to underperform from market perform, writing that Intel <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> faces an expensive and uncertain journey as it tries to recover from a series of missteps and reassert its dominance in the chip landscape.</p>\n<p>Intel shares are up 21% since the company announced that Pat Gelsinger, who had been serving as chief executive of VMware Inc. <a href=\"https://laohu8.com/S/VMW\">$(VMW)$</a>, would be taking over the top spot at Intel. Gelsinger recently laid out plans for Intel to expand its manufacturing capacity and launch a foundry business that would make chips for other companies, but Caso has concerns about the prospects for and cost of success.</p>\n<p>\"Our underperform rating reflects not just the risk that Intel won't reach that goal, but also the pain they will likely endure in pursuit of that goal in terms of capex, lost market share, and a shifting landscape in datacenter that will make the industry less dependent on Intel,\" he wrote in a note to clients.</p>\n<p>Caso worries that demand for personal computers has been \"significantly pulled forward\" due to the pandemic, which could eventually lead to a reversion to the mean. The problem for Intel is that the mean reversion \"may unfortunately occur just as Intel needs to ramp investment.\"</p>\n<p>Even though Intel could receive some government assistance, Caso expects that the company's plans to open a foundry business will be expensive. \"We therefore believe the fall analyst day could be a negative catalyst, as investors get the bill for that investment,\" he wrote. In addition, he's skeptical that the company has the technology to effectively compete in this business.</p>\n<p>\"For investors who have a higher confidence in a turnaround than we do, we simply don't see a reason to make that bet now since any turnaround would be several years away, with many cyclical and Intel-specific issues that could weigh on estimates in the meantime,\" Caso wrote.</p>\n<p>He's partial to other chip names, including Nvidia Corp. <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a>, which he upgraded to strong buy from outperform Thursday in a sign of his \"conviction in both the short and long term.\" Caso also initiated coverage of Advanced Micro Devices Inc. <a href=\"https://laohu8.com/S/AMD\">$(AMD)$</a> with an outperform rating and $100 price target, arguing that the company has \"a durable technical advantage versus Intel.\"</p>\n<p>AMD shares have lost 7% over the past three months, as Nvidia shares have risen 24% and as Intel shares have increased 14%. The S&amp;P 500 is up 10% in that span, while the PHLX Semiconductor Index has gained 9%.</p>","source":"lsy1603348471595","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>Intel faces a costly and uncertain road back to glory, analyst warns of 'pain' ahead</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\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\">\nIntel faces a costly and uncertain road back to glory, analyst warns of 'pain' ahead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 11:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/intel-faces-a-costly-and-uncertain-road-back-to-glory-analyst-warns-of-pain-ahead-11618502833?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Raymond James turns bearish on Intel shares, but calls rival chip maker Nvidia a 'strong buy'\nRecent enthusiasm for Intel Corp.'s new chief executive and his ambitious plans to transform the company ...</p>\n\n<a href=\"https://www.marketwatch.com/story/intel-faces-a-costly-and-uncertain-road-back-to-glory-analyst-warns-of-pain-ahead-11618502833?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","INTC":"英特尔","AMD":"美国超微公司"},"source_url":"https://www.marketwatch.com/story/intel-faces-a-costly-and-uncertain-road-back-to-glory-analyst-warns-of-pain-ahead-11618502833?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127865888","content_text":"Raymond James turns bearish on Intel shares, but calls rival chip maker Nvidia a 'strong buy'\nRecent enthusiasm for Intel Corp.'s new chief executive and his ambitious plans to transform the company overlooks the risks and costs associated with the chipmaker's strategy, an analyst argued Thursday.\nChris Caso of Raymond James downgraded Intel's stock to underperform from market perform, writing that Intel $(INTC)$ faces an expensive and uncertain journey as it tries to recover from a series of missteps and reassert its dominance in the chip landscape.\nIntel shares are up 21% since the company announced that Pat Gelsinger, who had been serving as chief executive of VMware Inc. $(VMW)$, would be taking over the top spot at Intel. Gelsinger recently laid out plans for Intel to expand its manufacturing capacity and launch a foundry business that would make chips for other companies, but Caso has concerns about the prospects for and cost of success.\n\"Our underperform rating reflects not just the risk that Intel won't reach that goal, but also the pain they will likely endure in pursuit of that goal in terms of capex, lost market share, and a shifting landscape in datacenter that will make the industry less dependent on Intel,\" he wrote in a note to clients.\nCaso worries that demand for personal computers has been \"significantly pulled forward\" due to the pandemic, which could eventually lead to a reversion to the mean. The problem for Intel is that the mean reversion \"may unfortunately occur just as Intel needs to ramp investment.\"\nEven though Intel could receive some government assistance, Caso expects that the company's plans to open a foundry business will be expensive. \"We therefore believe the fall analyst day could be a negative catalyst, as investors get the bill for that investment,\" he wrote. In addition, he's skeptical that the company has the technology to effectively compete in this business.\n\"For investors who have a higher confidence in a turnaround than we do, we simply don't see a reason to make that bet now since any turnaround would be several years away, with many cyclical and Intel-specific issues that could weigh on estimates in the meantime,\" Caso wrote.\nHe's partial to other chip names, including Nvidia Corp. $(NVDA)$, which he upgraded to strong buy from outperform Thursday in a sign of his \"conviction in both the short and long term.\" Caso also initiated coverage of Advanced Micro Devices Inc. $(AMD)$ with an outperform rating and $100 price target, arguing that the company has \"a durable technical advantage versus Intel.\"\nAMD shares have lost 7% over the past three months, as Nvidia shares have risen 24% and as Intel shares have increased 14%. The S&P 500 is up 10% in that span, while the PHLX Semiconductor Index has gained 9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195988334,"gmtCreate":1621249350028,"gmtModify":1631892765793,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Let’s go","listText":"Let’s go","text":"Let’s go","images":[{"img":"https://static.tigerbbs.com/350af6545cc9f6a3d04522522e97e012","width":"1125","height":"2751"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/195988334","isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":196261504,"gmtCreate":1621058596508,"gmtModify":1631892765794,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Ermhemm","listText":"Ermhemm","text":"Ermhemm","images":[{"img":"https://static.tigerbbs.com/7f3a5a5136a59bf358329e5c4ddb3024","width":"1125","height":"2588"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":4,"repostSize":1,"link":"https://laohu8.com/post/196261504","isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":103329133,"gmtCreate":1619749113122,"gmtModify":1634210192521,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Kindly like and comment thank you 😊&nbsp;","listText":"Kindly like and comment thank you 😊&nbsp;","text":"Kindly like and comment thank you 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/103329133","repostId":"2131539137","repostType":4,"repost":{"id":"2131539137","pubTimestamp":1619748847,"share":"https://www.laohu8.com/m/news/2131539137?lang=&edition=full","pubTime":"2021-04-30 10:14","market":"us","language":"en","title":"Apple v. Epic: What to expect from a trial that could change antitrust law and the mobile-app ecosystem","url":"https://stock-news.laohu8.com/highlight/detail?id=2131539137","media":"MarketWatch","summary":"The definition of antitrust law and the future of software development are at stake when the maker o","content":"<p>The definition of antitrust law and the future of software development are at stake when the maker of the popular 'Fortnite' videogame takes on the world's most valuable company in an Oakland courtroom starting next week</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b4b1c88925e4a5f9abd3451df169b3b6\" tg-width=\"1260\" tg-height=\"876\"><span>Apple Inc. and Epic Games Inc. are headed to a titanic showdown in federal court on May 3. MARKETWATCH ILLUSTRATION</span></p>\n<p>Silicon Valley's highest-profile court case in a decade begins next week, and it could lead to a decision that would change the landscape for app developers, consumers and U.S. law.</p>\n<p>When Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> and \"Fortnite\" maker Epic Games Inc. square off in federal court in Oakland, Calif., on Monday, this much is at stake: the livelihood of thousands of app developers and the very definition of antitrust law. The eyes of Washington, D.C., not just the San Francisco Bay Area, will be riveted as Epic attempts to make the case that Apple's App Store rules unfairly leverage the tech giant's dominance.</p>\n<p>Familiar battle lines have hardened since Epic sued Apple in August and attempted to bypass Apple's 30% commission fee , and removed \"Fortnite\" from its App Store, preventing iPhone users from playing the popular game.</p>\n<p>The case \"will help decide key issues about control of an ecosystem and if a third party can charge their customers on their own terms,\" Tim Bajarin, president of market researcher Creative Strategies Inc., told MarketWatch.</p>\n<p>Bajarin and others believe Apple has the stronger case if it \"provides a huge audience to Epic and gives [it] still the lion's share of the profit,\" he added.</p>\n<p>\"Apple did not force them to sell on their site. It was Epic's choice,\" Bajarin said.</p>\n<p>In a trial that is expected to last three weeks, Apple executives, including CEO Tim Cook, software head Craig Federighi and former top marketing executive Phil Schiller are scheduled to testify, according to a court filing by Apple on April 14. Live audio of the day's proceedings will be available for up to 500 journalists, two of whom will be designated as pool reporters and report live from the courtroom daily. Exhibits will be posted online.</p>\n<p>Day 1 in court could shape up as a digital shoot-'em-up. After Epic and Apple present opening statements, Epic CEO Tim Sweeney is expected to take the stand. Later in the trial, Schiller is scheduled to be Apple's first witness, and, after more expert testimony, Cook is slated to be the iPhone maker's final witness, during the week of May 17.</p>\n<p>The 12-year-old App Store is an ecosystem with 28 million members in 227 countries and regions, and it houses 1.8 million apps for more than 1.5 billion iPhone owners. Apple Services, in which the App Store is the crown jewel, hauled in $15.76 billion in the December quarter, up from $12.72 billion in the year-earlier quarter. Cook has repeatedly highlighted the services business as a formidable engine of growth the past few years.</p>\n<p>That revenue is based on the large chunk of app developers' revenue that Apple keeps, which Epic has challenged. The onus is on Epic to both show that its contract with Apple is illegal, and that Epic did not breach that contract when it bypassed the App Store with its own store, according to Adam Kerpelman, director of strategy for business-to-business company NetWise.</p>\n<p>\"This is a tough fight for Epic,\" Kerpelman, who has a legal background, told MarketWatch.</p>\n<p>See also:'Fortnite' dispute might open floodgates to serious scrutiny of Apple</p>\n<p>Ultimately, the outcome of the momentous case hinges on the success of each company's legal team in selling a narrative. While Apple intends to prove Epic plotted to disrupt the App Store to maximize profits, Epic will insist it was forced to confront Apple after years of unsuccessful negotiations to put an end to what it and others call Apple's history of using its platform to unfairly limit competition to its products.</p>\n<p><b>Consumer harm vs. developer harm</b></p>\n<p>The influence of the case extends well beyond Silicon Valley and could help redefine antitrust law -- something lawmakers have been unable to do, despite frequent saber rattling over the influence of Big Tech on the economy and on American culture.</p>\n<p>\"This is not just about Apple being a monopolist, but a new way of interpreting antitrust law,\" Valarie Williams, an antitrust attorney based in San Francisco who is closely following the case, told MarketWatch.</p>\n<p>Antitrust law started with a populist bent, in the protection of mom-and-pop businesses from marauding corporations. It morphed to the Chicago School approach that took hold in the 1970s and 1980s, with a focus on efficiency, prices and consumer welfare. A new approach, however, harks back to the original theory of structure-oriented competition policy to preserve innovation, which could mean trouble for Apple and Amazon, both of which oversee platforms that critics claim put smaller companies at a competitive disadvantage. It is called the \"New Brandeis\" or \"Neo-Brandeis\" movement because it, like the early 20th-century Supreme Court Justice Louis Brandeis, is concerned with the downsides of bigness and economic concentration. The argument was summarized in a legal blog post from late 2018 called \"A Brief Overview of the 'New Brandeis' School of Antitrust Law.\"</p>\n<p>One interested party in Apple-Epic with plenty at stake financially isBen Volach, founder of Blix Inc., the maker of an email app that is also suing Apple over its 30% App Store commission.</p>\n<p>\"Apple is monopolistic by locking in consumers with the sign-in feature,\" Volach told MarketWatch. Blix's suit defines Apple as operating monopolistically in the U.S., with about 61.5% of the U.S. mobile market vs. Android's approximately 38%.</p>\n<p>\"It's like the last line of the song 'Hotel California,' \" Volach says. \"You can check out any time you like, but you can never leave.'\"</p>\n<p>Yet few companies have been willing to take on Apple in court. Few have the money, time and nerve to take on the only U.S. company in history to achieve a market value of more than $2 trillion , thanks to more than 1 billion iPhone customers, in the view of Volach, antitrust attorneys and software companies. \"People are terrified of retaliation from Apple if they take legal action,\" Volach said. \"Perhaps it takes a loss in court to encourage others to join in later.\"</p>\n<p>A setback in court for Apple would also pique the interest of the politicians on both sides of the aisle who view the company as a monopolistic threat.</p>\n<p>The U.S. House of Representatives Judiciary Committee on April 15 approved the recommendations of a scathing 450-page report advocating legislation to rein in Big Tech's expansive power. The report, released last October, recommends an overhaul of antitrust law to counter the growing influence of tech behemoths.</p>\n<p>In an April 9, Sens. Amy Klobuchar, a Minnesota Democrat, and Mike Lee, a Republican from Utah, of the Senate Judiciary Committee’s Subcommittee on Competition Policy, Antitrust and Consumer Rights chided Cook for belatedly backing out of providing testimony at an April 21 hearing on antitrust. (Cook cited the coming Epic trial as a reason for declining to testify; Kyle Andeer, Apple’s vice president of corporate law and chief compliance officer, took his place.)</p>\n<p>\"More than half of internet traffic comes through mobile phones, whose users rely on mobile applications to access online content and services -- and the vast majority of mobile apps are downloaded from either Apple's App Store or Google's Play Store,\" the senators wrote. \"Apple's power over the cost, distribution, and availability of mobile applications on the Apple devices used by millions of consumers raises serious competition issues that are of interest to the Subcommittee, consumers, and app developers. A full and fair examination of these issues before the Subcommittee requires Apple's participation.\"</p>\n<p>During the Senate hearing, lawyers from Spotify, Match and Tile claimed that steps taken by Apple had undercut their competitive status while at the same time charging them millions of dollars in App Store fees annually.</p>\n<p>\"Apple abuses its dominant position to insulate itself from competition,\" Horacio Gutierrez, head of global affairs and chief legal officer of Spotify, testified. \"We have been successful despite Apple's anticompetitive behavior.\"</p>\n<p>As Apple and Epic lawyers furiously filed documents in the days leading to the trial,regulators in Europe were reportedly about to charge Apple with anticompetitive behavior for the first time. The charges stem from Spotify’sSPOTcomplaint in March 2019 that Apple abused its control over which apps appear in the App Store to restrict competition against its Apple Music service. A crucial element of Spotify’s allegation is that Apple’s 30% fee made it difficult for Apple Music rivals to market themselves.</p>\n<p><b>The historical impact of Apple-Epic trial</b></p>\n<p>In the pantheon of technology-industry legal cases, only a few are as significant as Apple v. Epic.</p>\n<p>Perhaps the most consequential was just resolved. In April, Google prevailed in the Supreme Court, in a 6-2 decision, in its decade-long tussle with Oracle Corp.&nbsp;over software development.</p>\n<p>Nearly two decades ago, a chancery judge in Wilmington, Del., ruled in favor of then–Hewlett-Packard Co.’s $25 billion merger with Compaq Computer Corp. in 2002. The company subsequently was split into HP Inc.&nbsp;and Hewlett Packard Enterprise Co..</p>\n<p>Yet the closest parallel to the Apple-Epic case is Microsoft Corp.’s&nbsp;face-off with the Justice Department in the 1990s over how the software giant tied its fledgling internet browser to its dominant Windows operating system. Netscape Communications, a far smaller company whose browser had been the industry leader, took a position similar to Epic’s, and the resulting case led to restraints on Microsoft’s outsize ambitions that opened up adjacent markets for the likes of Google and Facebook Inc.</p>\n<p>Where Apple v. Epic lands on the historical timeline depends on the outcome, which will resonate from Silicon Valley to the Beltway. “The importance of the lawsuit simply comes down to its result,” Volach said, with a sigh of apparent exasperation. “If Apple loses it, it is hugely significant for generations to come. If it wins, it’s business as usual.”</p>\n<p>The onus will be on Epic to make the case that Apple enjoys monopoly status in a fragmented smartphone market, said Dan Wang, an associate&nbsp;professor&nbsp;of management at&nbsp;Columbia University.</p>\n<p>“It will be hard to prove with the platforms of Android and Samsung,” Wang told MarketWatch.</p>","source":"lsy1603348471595","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>Apple v. Epic: What to expect from a trial that could change antitrust law and the mobile-app ecosystem</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\">\nApple v. Epic: What to expect from a trial that could change antitrust law and the mobile-app ecosystem\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 10:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/apple-v-epic-what-to-expect-from-a-trial-that-could-change-antitrust-law-and-the-mobile-app-ecosystem-11619726510?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The definition of antitrust law and the future of software development are at stake when the maker of the popular 'Fortnite' videogame takes on the world's most valuable company in an Oakland ...</p>\n\n<a href=\"https://www.marketwatch.com/story/apple-v-epic-what-to-expect-from-a-trial-that-could-change-antitrust-law-and-the-mobile-app-ecosystem-11619726510?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EPORP":"Epic Corp.","EPOR":"Epic Corp.","AAPL":"苹果"},"source_url":"https://www.marketwatch.com/story/apple-v-epic-what-to-expect-from-a-trial-that-could-change-antitrust-law-and-the-mobile-app-ecosystem-11619726510?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2131539137","content_text":"The definition of antitrust law and the future of software development are at stake when the maker of the popular 'Fortnite' videogame takes on the world's most valuable company in an Oakland courtroom starting next week\nApple Inc. and Epic Games Inc. are headed to a titanic showdown in federal court on May 3. MARKETWATCH ILLUSTRATION\nSilicon Valley's highest-profile court case in a decade begins next week, and it could lead to a decision that would change the landscape for app developers, consumers and U.S. law.\nWhen Apple Inc. $(AAPL)$ and \"Fortnite\" maker Epic Games Inc. square off in federal court in Oakland, Calif., on Monday, this much is at stake: the livelihood of thousands of app developers and the very definition of antitrust law. The eyes of Washington, D.C., not just the San Francisco Bay Area, will be riveted as Epic attempts to make the case that Apple's App Store rules unfairly leverage the tech giant's dominance.\nFamiliar battle lines have hardened since Epic sued Apple in August and attempted to bypass Apple's 30% commission fee , and removed \"Fortnite\" from its App Store, preventing iPhone users from playing the popular game.\nThe case \"will help decide key issues about control of an ecosystem and if a third party can charge their customers on their own terms,\" Tim Bajarin, president of market researcher Creative Strategies Inc., told MarketWatch.\nBajarin and others believe Apple has the stronger case if it \"provides a huge audience to Epic and gives [it] still the lion's share of the profit,\" he added.\n\"Apple did not force them to sell on their site. It was Epic's choice,\" Bajarin said.\nIn a trial that is expected to last three weeks, Apple executives, including CEO Tim Cook, software head Craig Federighi and former top marketing executive Phil Schiller are scheduled to testify, according to a court filing by Apple on April 14. Live audio of the day's proceedings will be available for up to 500 journalists, two of whom will be designated as pool reporters and report live from the courtroom daily. Exhibits will be posted online.\nDay 1 in court could shape up as a digital shoot-'em-up. After Epic and Apple present opening statements, Epic CEO Tim Sweeney is expected to take the stand. Later in the trial, Schiller is scheduled to be Apple's first witness, and, after more expert testimony, Cook is slated to be the iPhone maker's final witness, during the week of May 17.\nThe 12-year-old App Store is an ecosystem with 28 million members in 227 countries and regions, and it houses 1.8 million apps for more than 1.5 billion iPhone owners. Apple Services, in which the App Store is the crown jewel, hauled in $15.76 billion in the December quarter, up from $12.72 billion in the year-earlier quarter. Cook has repeatedly highlighted the services business as a formidable engine of growth the past few years.\nThat revenue is based on the large chunk of app developers' revenue that Apple keeps, which Epic has challenged. The onus is on Epic to both show that its contract with Apple is illegal, and that Epic did not breach that contract when it bypassed the App Store with its own store, according to Adam Kerpelman, director of strategy for business-to-business company NetWise.\n\"This is a tough fight for Epic,\" Kerpelman, who has a legal background, told MarketWatch.\nSee also:'Fortnite' dispute might open floodgates to serious scrutiny of Apple\nUltimately, the outcome of the momentous case hinges on the success of each company's legal team in selling a narrative. While Apple intends to prove Epic plotted to disrupt the App Store to maximize profits, Epic will insist it was forced to confront Apple after years of unsuccessful negotiations to put an end to what it and others call Apple's history of using its platform to unfairly limit competition to its products.\nConsumer harm vs. developer harm\nThe influence of the case extends well beyond Silicon Valley and could help redefine antitrust law -- something lawmakers have been unable to do, despite frequent saber rattling over the influence of Big Tech on the economy and on American culture.\n\"This is not just about Apple being a monopolist, but a new way of interpreting antitrust law,\" Valarie Williams, an antitrust attorney based in San Francisco who is closely following the case, told MarketWatch.\nAntitrust law started with a populist bent, in the protection of mom-and-pop businesses from marauding corporations. It morphed to the Chicago School approach that took hold in the 1970s and 1980s, with a focus on efficiency, prices and consumer welfare. A new approach, however, harks back to the original theory of structure-oriented competition policy to preserve innovation, which could mean trouble for Apple and Amazon, both of which oversee platforms that critics claim put smaller companies at a competitive disadvantage. It is called the \"New Brandeis\" or \"Neo-Brandeis\" movement because it, like the early 20th-century Supreme Court Justice Louis Brandeis, is concerned with the downsides of bigness and economic concentration. The argument was summarized in a legal blog post from late 2018 called \"A Brief Overview of the 'New Brandeis' School of Antitrust Law.\"\nOne interested party in Apple-Epic with plenty at stake financially isBen Volach, founder of Blix Inc., the maker of an email app that is also suing Apple over its 30% App Store commission.\n\"Apple is monopolistic by locking in consumers with the sign-in feature,\" Volach told MarketWatch. Blix's suit defines Apple as operating monopolistically in the U.S., with about 61.5% of the U.S. mobile market vs. Android's approximately 38%.\n\"It's like the last line of the song 'Hotel California,' \" Volach says. \"You can check out any time you like, but you can never leave.'\"\nYet few companies have been willing to take on Apple in court. Few have the money, time and nerve to take on the only U.S. company in history to achieve a market value of more than $2 trillion , thanks to more than 1 billion iPhone customers, in the view of Volach, antitrust attorneys and software companies. \"People are terrified of retaliation from Apple if they take legal action,\" Volach said. \"Perhaps it takes a loss in court to encourage others to join in later.\"\nA setback in court for Apple would also pique the interest of the politicians on both sides of the aisle who view the company as a monopolistic threat.\nThe U.S. House of Representatives Judiciary Committee on April 15 approved the recommendations of a scathing 450-page report advocating legislation to rein in Big Tech's expansive power. The report, released last October, recommends an overhaul of antitrust law to counter the growing influence of tech behemoths.\nIn an April 9, Sens. Amy Klobuchar, a Minnesota Democrat, and Mike Lee, a Republican from Utah, of the Senate Judiciary Committee’s Subcommittee on Competition Policy, Antitrust and Consumer Rights chided Cook for belatedly backing out of providing testimony at an April 21 hearing on antitrust. (Cook cited the coming Epic trial as a reason for declining to testify; Kyle Andeer, Apple’s vice president of corporate law and chief compliance officer, took his place.)\n\"More than half of internet traffic comes through mobile phones, whose users rely on mobile applications to access online content and services -- and the vast majority of mobile apps are downloaded from either Apple's App Store or Google's Play Store,\" the senators wrote. \"Apple's power over the cost, distribution, and availability of mobile applications on the Apple devices used by millions of consumers raises serious competition issues that are of interest to the Subcommittee, consumers, and app developers. A full and fair examination of these issues before the Subcommittee requires Apple's participation.\"\nDuring the Senate hearing, lawyers from Spotify, Match and Tile claimed that steps taken by Apple had undercut their competitive status while at the same time charging them millions of dollars in App Store fees annually.\n\"Apple abuses its dominant position to insulate itself from competition,\" Horacio Gutierrez, head of global affairs and chief legal officer of Spotify, testified. \"We have been successful despite Apple's anticompetitive behavior.\"\nAs Apple and Epic lawyers furiously filed documents in the days leading to the trial,regulators in Europe were reportedly about to charge Apple with anticompetitive behavior for the first time. The charges stem from Spotify’sSPOTcomplaint in March 2019 that Apple abused its control over which apps appear in the App Store to restrict competition against its Apple Music service. A crucial element of Spotify’s allegation is that Apple’s 30% fee made it difficult for Apple Music rivals to market themselves.\nThe historical impact of Apple-Epic trial\nIn the pantheon of technology-industry legal cases, only a few are as significant as Apple v. Epic.\nPerhaps the most consequential was just resolved. In April, Google prevailed in the Supreme Court, in a 6-2 decision, in its decade-long tussle with Oracle Corp. over software development.\nNearly two decades ago, a chancery judge in Wilmington, Del., ruled in favor of then–Hewlett-Packard Co.’s $25 billion merger with Compaq Computer Corp. in 2002. The company subsequently was split into HP Inc. and Hewlett Packard Enterprise Co..\nYet the closest parallel to the Apple-Epic case is Microsoft Corp.’s face-off with the Justice Department in the 1990s over how the software giant tied its fledgling internet browser to its dominant Windows operating system. Netscape Communications, a far smaller company whose browser had been the industry leader, took a position similar to Epic’s, and the resulting case led to restraints on Microsoft’s outsize ambitions that opened up adjacent markets for the likes of Google and Facebook Inc.\nWhere Apple v. Epic lands on the historical timeline depends on the outcome, which will resonate from Silicon Valley to the Beltway. “The importance of the lawsuit simply comes down to its result,” Volach said, with a sigh of apparent exasperation. “If Apple loses it, it is hugely significant for generations to come. If it wins, it’s business as usual.”\nThe onus will be on Epic to make the case that Apple enjoys monopoly status in a fragmented smartphone market, said Dan Wang, an associate professor of management at Columbia University.\n“It will be hard to prove with the platforms of Android and Samsung,” Wang told MarketWatch.","news_type":1},"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377768927,"gmtCreate":1619566180269,"gmtModify":1634211806788,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Hmmm 🤔&nbsp;","listText":"Hmmm 🤔&nbsp;","text":"Hmmm 🤔","images":[{"img":"https://static.tigerbbs.com/d1aebc2dca5921ef140bcbed9303461d","width":"1125","height":"2670"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/377768927","isVote":1,"tweetType":1,"viewCount":407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":107453513,"gmtCreate":1620531655232,"gmtModify":1634198203840,"author":{"id":"3577231591134113","authorId":"3577231591134113","authorIdStr":"3577231591134113","name":"Nzt48","avatar":"https://static.tigerbbs.com/c5f0cd8c4e1948ccc7e0a454c7af4f75","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577231591134113"},"themes":[],"htmlText":"Indeed","listText":"Indeed","text":"Indeed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/107453513","repostId":"1170905579","repostType":4,"repost":{"id":"1170905579","pubTimestamp":1620462497,"share":"https://www.laohu8.com/m/news/1170905579?lang=&edition=full","pubTime":"2021-05-08 16:28","market":"us","language":"en","title":"The real story of the Trump-Facebook saga","url":"https://stock-news.laohu8.com/highlight/detail?id=1170905579","media":"Yahoo Finance ","summary":"It’s not this complicated.Like other bumbling corporations reluctant to take a stand, Facebook and i","content":"<p>It’s not this complicated.</p><p>Like other bumbling corporations reluctant to take a stand, Facebook and its CEO, Mark Zuckerberg, have turned a temporary controversy into an ongoing fiasco. The social-media giant could have permanently banned then-President Donald Trump on Jan. 7, after he used the platform to lie about the 2020 election and praise rioters trying to seize control of the US Capitol the day before. Trump and his supporters would have squealed, but decisive action by Facebook would have left them no choice: Deal with it.</p><p>Instead, Facebook (FB) suspended Trump’s account “indefinitely,” while asking the company’s “oversight board”—a group of outside policy experts—to recommend a permanent solution. On May 5, the board “upheld” Facebook’s decision to exile Trump, but it alsodinged Facebook for the arbitrary application of vague standards. Instead of handing the company a simple answer, it told Facebook to come up with a permanent solution of its own within six months.</p><p>Have you ever watched an overwrought parent try to negotiate with a misbehaving five-year-old? Instead of telling the kid to stop being a brat, the parent tries to persuade the child why it’s important to stop being a brat, hoping the child will stop being a brat because he sees the light and learns an important life lesson in the process. You want to shout, “just tell him to stop it!”</p><p>This is what’s going on with Facebook and its oversight board. Facebook is trying to dodge responsibility for making a decision sure to be unpopular with some of its users. The oversight board, relishing its own perceived importance, issued an11,800 word communiquethat didn’t resolve anything. The real answer is painfully obvious: Facebook should permanently ban anybody who’s a chronic liar and violence inciter. Yet nobody in Faceworld can say it.</p><p>Let’s quickly review what’s really happening in the Facebook saga, by annotating the motives of the key players. It won’t take thousands of words.</p><p><b>Donald Trump.</b>He wants the largest possible audience for his propaganda, includinghis lies about the 2020 election being stolenfrom him. Trump is a wannabe despot whoclaims persecutionto distract followers from his aberrant behavior and his election losses. It also helps him raise money from gullible sympathizers. As a private-sector entity, Facebook has the right to boot users who cause the company trouble, which Trump clearly did. There’s no free speech or First Amendment issue at all, because Trump is still free to publish his own views on a platform of his own. If it were a free speech issue, Facebook could cite the First Amendment to declare it faces no obligation to publish anybody's views, just as a newspaper doesn't have to run government manifestoes. Trump's claim of “censorship” is ridiculous, but it obviously keeps him in the news and fires up his supporters.</p><p><b>The Trump cult.</b>Echoing Trump,other Republican politiciansclaim Facebook and other social-media sites single out conservatives for “censorship.” They’re mixing up cause and effect. Election lies and other disinformation are now a staple of the Trump wing of the Republican party, and these lies trigger retaliation by the companies hosting the offending accounts. If Trumpers lied less, social media would “censor” them less. Most of them know this, but “censorship” gives them a bogus cause that helps generate outrage among their followers and juice their own campaign contributions.</p><p><b>Mark Zuckerberg.</b>The Facebook CEO cares about making money above all, and there’s not necessarily anything wrong with that. Zuckerberg wants to outsource the decision about Trump so that he and the company don’t seem to be directly responsible for an outcome likely to anger millions of conservative Facebook users. He may also want to have plausible deniability the next time he testifies before Congress, so that when a Trump lackey such as Rep. Jim Jordan (R., Ohio) tries to pillory Zuckerberg for persecuting Trump, Zuckerberg can say, “it wasn’t me.” It’s not clear Facebook is actually losing money because of the Trump feud, but even if it is, Zuckerberg has miscalculated by failing to account for other damage caused by allowing the Trump debacle to fester.</p><p><b>Democrats.</b>They don’t like Facebook either, but Sen. Elizabeth Warren and other Facebook critics on the left have a different gripe:Facebook abuses user dataand hastoo much powerin the digital advertising market. Facebook has few friends in Congress, but it does have one important thing going for it: The company’s Republican and Democratic critics are so divided that they may never agree on any legislation that reins in the company’s power.</p><p>There’s only one way the Facebook-Trump saga can end: A permanent Trump ban. Trump will never stop lying, and any negotiated return to Facebook would only restart the cycle. Around the same time Facebook indefinitely banned Trump, Twitteraxed his account permanently. It didn’t drag out the decision or ask somebody else to decide for it. Twitter (TWTR) is no longer explaining or relitigating its Trump decision, which is where Facebook might be in a year or two. It has already taken too long.</p>","source":"yahoofinance_sg","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 real story of the Trump-Facebook saga</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 real story of the Trump-Facebook saga\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 16:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/the-real-story-of-the-trump-facebook-saga-145941882.html><strong>Yahoo Finance </strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s not this complicated.Like other bumbling corporations reluctant to take a stand, Facebook and its CEO, Mark Zuckerberg, have turned a temporary controversy into an ongoing fiasco. The social-...</p>\n\n<a href=\"https://finance.yahoo.com/news/the-real-story-of-the-trump-facebook-saga-145941882.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/the-real-story-of-the-trump-facebook-saga-145941882.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170905579","content_text":"It’s not this complicated.Like other bumbling corporations reluctant to take a stand, Facebook and its CEO, Mark Zuckerberg, have turned a temporary controversy into an ongoing fiasco. The social-media giant could have permanently banned then-President Donald Trump on Jan. 7, after he used the platform to lie about the 2020 election and praise rioters trying to seize control of the US Capitol the day before. Trump and his supporters would have squealed, but decisive action by Facebook would have left them no choice: Deal with it.Instead, Facebook (FB) suspended Trump’s account “indefinitely,” while asking the company’s “oversight board”—a group of outside policy experts—to recommend a permanent solution. On May 5, the board “upheld” Facebook’s decision to exile Trump, but it alsodinged Facebook for the arbitrary application of vague standards. Instead of handing the company a simple answer, it told Facebook to come up with a permanent solution of its own within six months.Have you ever watched an overwrought parent try to negotiate with a misbehaving five-year-old? Instead of telling the kid to stop being a brat, the parent tries to persuade the child why it’s important to stop being a brat, hoping the child will stop being a brat because he sees the light and learns an important life lesson in the process. You want to shout, “just tell him to stop it!”This is what’s going on with Facebook and its oversight board. Facebook is trying to dodge responsibility for making a decision sure to be unpopular with some of its users. The oversight board, relishing its own perceived importance, issued an11,800 word communiquethat didn’t resolve anything. The real answer is painfully obvious: Facebook should permanently ban anybody who’s a chronic liar and violence inciter. Yet nobody in Faceworld can say it.Let’s quickly review what’s really happening in the Facebook saga, by annotating the motives of the key players. It won’t take thousands of words.Donald Trump.He wants the largest possible audience for his propaganda, includinghis lies about the 2020 election being stolenfrom him. Trump is a wannabe despot whoclaims persecutionto distract followers from his aberrant behavior and his election losses. It also helps him raise money from gullible sympathizers. As a private-sector entity, Facebook has the right to boot users who cause the company trouble, which Trump clearly did. There’s no free speech or First Amendment issue at all, because Trump is still free to publish his own views on a platform of his own. If it were a free speech issue, Facebook could cite the First Amendment to declare it faces no obligation to publish anybody's views, just as a newspaper doesn't have to run government manifestoes. Trump's claim of “censorship” is ridiculous, but it obviously keeps him in the news and fires up his supporters.The Trump cult.Echoing Trump,other Republican politiciansclaim Facebook and other social-media sites single out conservatives for “censorship.” They’re mixing up cause and effect. Election lies and other disinformation are now a staple of the Trump wing of the Republican party, and these lies trigger retaliation by the companies hosting the offending accounts. If Trumpers lied less, social media would “censor” them less. Most of them know this, but “censorship” gives them a bogus cause that helps generate outrage among their followers and juice their own campaign contributions.Mark Zuckerberg.The Facebook CEO cares about making money above all, and there’s not necessarily anything wrong with that. Zuckerberg wants to outsource the decision about Trump so that he and the company don’t seem to be directly responsible for an outcome likely to anger millions of conservative Facebook users. He may also want to have plausible deniability the next time he testifies before Congress, so that when a Trump lackey such as Rep. Jim Jordan (R., Ohio) tries to pillory Zuckerberg for persecuting Trump, Zuckerberg can say, “it wasn’t me.” It’s not clear Facebook is actually losing money because of the Trump feud, but even if it is, Zuckerberg has miscalculated by failing to account for other damage caused by allowing the Trump debacle to fester.Democrats.They don’t like Facebook either, but Sen. Elizabeth Warren and other Facebook critics on the left have a different gripe:Facebook abuses user dataand hastoo much powerin the digital advertising market. Facebook has few friends in Congress, but it does have one important thing going for it: The company’s Republican and Democratic critics are so divided that they may never agree on any legislation that reins in the company’s power.There’s only one way the Facebook-Trump saga can end: A permanent Trump ban. Trump will never stop lying, and any negotiated return to Facebook would only restart the cycle. Around the same time Facebook indefinitely banned Trump, Twitteraxed his account permanently. It didn’t drag out the decision or ask somebody else to decide for it. Twitter (TWTR) is no longer explaining or relitigating its Trump decision, which is where Facebook might be in a year or two. It has already taken too long.","news_type":1},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}