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19c4915a
2021-04-30
Impressive
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19c4915a
2021-04-23
Government collecting back money
Biden has pledged to tax the rich -- but precisely how will he do that? Experts consider his options
19c4915a
2021-04-21
Nice must buy apple stock
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19c4915a
2021-04-20
Still worth buying? Thanks
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19c4915a
2021-04-20
Now is it worth to buy?
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19c4915a
2021-04-20
Hope for the best
Wall Street slips off record highs, Tesla drops after fatal crash
19c4915a
2021-04-20
Hope for the better
Wall Street slips off record highs, Tesla drops after fatal crash
19c4915a
2021-04-17
Looking forward
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","listText":"Impressive ","text":"Impressive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/103930413","repostId":"1188611661","repostType":4,"isVote":1,"tweetType":1,"viewCount":512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376278859,"gmtCreate":1619134822871,"gmtModify":1634288358805,"author":{"id":"3581743025693862","authorId":"3581743025693862","name":"19c4915a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581743025693862","authorIdStr":"3581743025693862"},"themes":[],"htmlText":"Government collecting back money ","listText":"Government collecting back money ","text":"Government collecting back money","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/376278859","repostId":"2129331568","repostType":4,"repost":{"id":"2129331568","kind":"highlight","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":1619132400,"share":"https://www.laohu8.com/m/news/2129331568?lang=&edition=full","pubTime":"2021-04-23 07:00","market":"hk","language":"en","title":"Biden has pledged to tax the rich -- but precisely how will he do that? Experts consider his options","url":"https://stock-news.laohu8.com/highlight/detail?id=2129331568","media":"Dow Jones","summary":"Biden could announce details on new taxes on the wealthy as soon as next week, observers said.If Pre","content":"<p>Biden could announce details on new taxes on the wealthy as soon as next week, observers said.</p><p>If President Joe Biden's campaign pledges to tax the rich were the coming attractions, we're about to arrive at the main event.</p><p>After unveiling a $2.3 trillion infrastructure spending proposal . The president is expected to fund the forthcoming plan with tax increases on wealthy households.The question is precisely which tax hikes will he propose? And what can he get through a Congress where Democrats have the barest of majorities -- <a href=\"https://laohu8.com/S/AONE\">one</a> where the president cannot afford any 'no' votes?</p><p>Biden could formally announce the plan as soon as April 28, commentators said. So far, the White House hasn't provided details. But White House Press Secretary Jen Psaki confirmed Biden would discuss the plan at a scheduled address to Congress next week.</p><p>Some specifics are starting to seep out, including a Bloomberg News report Thursday saying Biden will boost the capital gains rate tax to 39.6% for households earning at least $1 million, citing people familiar with the proposal. Coupled with an added 3.8% tax linked to the Affordable Care Act, that's a potential 43.4% rate.</p><p>When asked about the report on the potential capital gains rate hike, Psaki said she did not want to comment ahead of Biden's decisions.</p><p>All the stock market benchmarks began falling on the news, with the Dow Jones Industrial Average sliding 300 points the trading day down around 322 points, while the S&P 500 fell around 38 points and the Nasdaq Composite dropped 132 points.</p><p>As for Biden's other plans to tax the wealthy, observers said it was possible to make some educated guesses about which tax provisions are under consideration by reviewing Biden's stances during his run for president, when he said he wouldn't raise taxes on anyone making less than $400,000.</p><p><b>Reading the taxation 'tea leaves'</b></p><p>Experts also try reading the taxation \"tea leaves\" by looking at the people Biden has tapped to serve in his administration.</p><p>The rate for the top income tax bracket, new rules for estates and new tax treatment for the investment income of rich people are all likely in the mix, they say.</p><p>Some proposals could chart new terrain in the tax code, they note, while others may just quickly undo Trump-era tax rules that are set to elapse at the end of 2025. Either way, some array of increases is coming, they note.</p><p>\"At this point, taxes are not getting any lower,\" said David Kirk, a tax partner who leads Ernst & Young's Private Tax Group. \"They are only going to go up from here. The question is how?\"</p><p>The answers matter a lot for the Biden administration as it presses its policy agenda. It also matters for higher-income households as they determine tax planning, investment portfolio strategy and end-of-life matters.</p><p>Data on tax minimization strategies show wealthy taxpayers haven't been waiting.</p><p>Here's a look at some of the specific tax provisions that might be in play, and what's known and not known yet.</p><p><b>A new top tax rate</b></p><p>Candidate Biden didn't propose a wealth tax, but he did propose putting the top marginal rate at 39.6%. That's where it was before the 2017 Tax Cuts and Jobs Act lowered the rate to 37% (as well as lowering the rates on four other brackets down the income ladder).</p><p>Kirk, formerly an attorney in the Internal Revenue Service's Office of Chief Counsel, said the potential rate raise was \"relatively low hanging fruit\" for the administration.</p><p>Ed Mills, a Washington D.C. policy analyst at Raymond James, agreed the potential rate hike looked likely. \"The political sales point is, 'It's not necessarily raising those taxes, it's reverting taxes back to where they were before the Trump tax cuts,'\" he said.</p><p>One quirk is the top rate in 2021 applies to individuals making at least $523,601 a year or couples making $628,301 a year. So does Biden shuffle things so households making $400,000 now fall under the top rate instead of the second-highest 35% rate? \"Those are all political decisions\" still to come, Mills said.Tweaking the top rate could produce $100 billion in new tax revenue, according to a Tuesday note from Evercore ISI -- the investment banking advisory firm calls the change \"likely.\"</p><p><b>Revised estate taxes</b></p><p>The Tax Cuts and Jobs Act doubled the threshold where the 40% federal estate taxes kicked in. It previously was $5.49 million per person ($10.98 million for married couple) and this year is $11.58 million per person ($23.16 million for married couples). The number is indexed for inflation. Like the marginal rates, the 2017 law lets the estate tax exemptions expire after 2025.</p><p>But Biden may want to quicken the expiration date and, Kirk noted, he's brought on people who are keenly aware of estate-tax workings.</p><p>Lily Batchelder has been nominated as assistant secretary for tax policy in the Treasury Department, he noted. (The White House formally sent her nomination to the Senate last week.)</p><p>Batchelder previously taught at New York University's School of Law, where she estimated that federal estate taxes would rake in $16 billion last year, making for an effective estate tax rate around 2% .</p><p>\"Despite our founding vision as a land of opportunity, the United States ranks at or near the bottom among high-income countries in economic equality and intergenerational mobility. Our tax code plays a key role,\" Batchelder, also an Obama administration official, wrote last year.</p><p>If estate taxes are getting revised, <a href=\"https://laohu8.com/S/AONE.U\">one</a> question is where the exemption level is set and whether the rate stays at 40%.</p><p>Some estate tax changes are a \"done deal\" in the eyes of Professor Donald Williamson, executive director of American University's Kogod Tax Policy Center. \"Politically, it makes sense because average working Americans don't have estates to leave to their children,\" he said.</p><p>Approximately 4,100 estate-tax returns will be filed for people who died last year, according to projections .</p><p>An increase in estate tax also means the \"step up in basis\" is on the chopping block, Williamson said. This tax rule says if an heir sells inherited assets, the price appreciation -- and resulting capital gains tax -- starts from the time of inheritance, not when the asset was originally acquired.</p><p>If an asset like long-held shares in a blue-chip company keeps growing in value, that's a major shield against a major capital gains tax liability.</p><p>But there can be capital gains implications when businesses are sold or inherited -- and that's setting up battle lines.</p><p>\"Eliminating step-up in basis would require small business owners to pay a new tax when a family business partner dies, and potentially force them to sell their business just to pay the tax and associated fees,\" said Courtney Titus Brooks, senior manager of federal government relations at the National Federation of Independent Business, an advocacy organization for small businesses.</p><p>Biden's forthcoming proposal \"may include\" estate tax changes, which could generate $500 billion, and changes to the step-up in basis are \"very likely,\" Evercore ISI's note added.</p><p><b>New rules and rates for capital gains</b></p><p>Right now, the capital-gains rate for the richest taxpayers starts at 20%, though the rates may go higher depending on the assets being sold.</p><p>Candidate Biden has said he'd raise the capital gains rate to 39.6% for household making at least $1 million so that their investment income is taxed just like their ordinary income.</p><p>Income brackets and estate taxes are one thing, but changes to the capital gains rules could be a tougher effort, Kirk said. First off, he wondered, can Biden convince lawmakers to counter a century of tax law -- since the 1921 Revenue Act -- that has taxed long-term capital gains at a lower, preferential rate?</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>Biden has pledged to tax the rich -- but precisely how will he do that? Experts consider his options</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\">\nBiden has pledged to tax the rich -- but precisely how will he do that? Experts consider his options\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\">2021-04-23 07:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Biden could announce details on new taxes on the wealthy as soon as next week, observers said.</p><p>If President Joe Biden's campaign pledges to tax the rich were the coming attractions, we're about to arrive at the main event.</p><p>After unveiling a $2.3 trillion infrastructure spending proposal . The president is expected to fund the forthcoming plan with tax increases on wealthy households.The question is precisely which tax hikes will he propose? And what can he get through a Congress where Democrats have the barest of majorities -- <a href=\"https://laohu8.com/S/AONE\">one</a> where the president cannot afford any 'no' votes?</p><p>Biden could formally announce the plan as soon as April 28, commentators said. So far, the White House hasn't provided details. But White House Press Secretary Jen Psaki confirmed Biden would discuss the plan at a scheduled address to Congress next week.</p><p>Some specifics are starting to seep out, including a Bloomberg News report Thursday saying Biden will boost the capital gains rate tax to 39.6% for households earning at least $1 million, citing people familiar with the proposal. Coupled with an added 3.8% tax linked to the Affordable Care Act, that's a potential 43.4% rate.</p><p>When asked about the report on the potential capital gains rate hike, Psaki said she did not want to comment ahead of Biden's decisions.</p><p>All the stock market benchmarks began falling on the news, with the Dow Jones Industrial Average sliding 300 points the trading day down around 322 points, while the S&P 500 fell around 38 points and the Nasdaq Composite dropped 132 points.</p><p>As for Biden's other plans to tax the wealthy, observers said it was possible to make some educated guesses about which tax provisions are under consideration by reviewing Biden's stances during his run for president, when he said he wouldn't raise taxes on anyone making less than $400,000.</p><p><b>Reading the taxation 'tea leaves'</b></p><p>Experts also try reading the taxation \"tea leaves\" by looking at the people Biden has tapped to serve in his administration.</p><p>The rate for the top income tax bracket, new rules for estates and new tax treatment for the investment income of rich people are all likely in the mix, they say.</p><p>Some proposals could chart new terrain in the tax code, they note, while others may just quickly undo Trump-era tax rules that are set to elapse at the end of 2025. Either way, some array of increases is coming, they note.</p><p>\"At this point, taxes are not getting any lower,\" said David Kirk, a tax partner who leads Ernst & Young's Private Tax Group. \"They are only going to go up from here. The question is how?\"</p><p>The answers matter a lot for the Biden administration as it presses its policy agenda. It also matters for higher-income households as they determine tax planning, investment portfolio strategy and end-of-life matters.</p><p>Data on tax minimization strategies show wealthy taxpayers haven't been waiting.</p><p>Here's a look at some of the specific tax provisions that might be in play, and what's known and not known yet.</p><p><b>A new top tax rate</b></p><p>Candidate Biden didn't propose a wealth tax, but he did propose putting the top marginal rate at 39.6%. That's where it was before the 2017 Tax Cuts and Jobs Act lowered the rate to 37% (as well as lowering the rates on four other brackets down the income ladder).</p><p>Kirk, formerly an attorney in the Internal Revenue Service's Office of Chief Counsel, said the potential rate raise was \"relatively low hanging fruit\" for the administration.</p><p>Ed Mills, a Washington D.C. policy analyst at Raymond James, agreed the potential rate hike looked likely. \"The political sales point is, 'It's not necessarily raising those taxes, it's reverting taxes back to where they were before the Trump tax cuts,'\" he said.</p><p>One quirk is the top rate in 2021 applies to individuals making at least $523,601 a year or couples making $628,301 a year. So does Biden shuffle things so households making $400,000 now fall under the top rate instead of the second-highest 35% rate? \"Those are all political decisions\" still to come, Mills said.Tweaking the top rate could produce $100 billion in new tax revenue, according to a Tuesday note from Evercore ISI -- the investment banking advisory firm calls the change \"likely.\"</p><p><b>Revised estate taxes</b></p><p>The Tax Cuts and Jobs Act doubled the threshold where the 40% federal estate taxes kicked in. It previously was $5.49 million per person ($10.98 million for married couple) and this year is $11.58 million per person ($23.16 million for married couples). The number is indexed for inflation. Like the marginal rates, the 2017 law lets the estate tax exemptions expire after 2025.</p><p>But Biden may want to quicken the expiration date and, Kirk noted, he's brought on people who are keenly aware of estate-tax workings.</p><p>Lily Batchelder has been nominated as assistant secretary for tax policy in the Treasury Department, he noted. (The White House formally sent her nomination to the Senate last week.)</p><p>Batchelder previously taught at New York University's School of Law, where she estimated that federal estate taxes would rake in $16 billion last year, making for an effective estate tax rate around 2% .</p><p>\"Despite our founding vision as a land of opportunity, the United States ranks at or near the bottom among high-income countries in economic equality and intergenerational mobility. Our tax code plays a key role,\" Batchelder, also an Obama administration official, wrote last year.</p><p>If estate taxes are getting revised, <a href=\"https://laohu8.com/S/AONE.U\">one</a> question is where the exemption level is set and whether the rate stays at 40%.</p><p>Some estate tax changes are a \"done deal\" in the eyes of Professor Donald Williamson, executive director of American University's Kogod Tax Policy Center. \"Politically, it makes sense because average working Americans don't have estates to leave to their children,\" he said.</p><p>Approximately 4,100 estate-tax returns will be filed for people who died last year, according to projections .</p><p>An increase in estate tax also means the \"step up in basis\" is on the chopping block, Williamson said. This tax rule says if an heir sells inherited assets, the price appreciation -- and resulting capital gains tax -- starts from the time of inheritance, not when the asset was originally acquired.</p><p>If an asset like long-held shares in a blue-chip company keeps growing in value, that's a major shield against a major capital gains tax liability.</p><p>But there can be capital gains implications when businesses are sold or inherited -- and that's setting up battle lines.</p><p>\"Eliminating step-up in basis would require small business owners to pay a new tax when a family business partner dies, and potentially force them to sell their business just to pay the tax and associated fees,\" said Courtney Titus Brooks, senior manager of federal government relations at the National Federation of Independent Business, an advocacy organization for small businesses.</p><p>Biden's forthcoming proposal \"may include\" estate tax changes, which could generate $500 billion, and changes to the step-up in basis are \"very likely,\" Evercore ISI's note added.</p><p><b>New rules and rates for capital gains</b></p><p>Right now, the capital-gains rate for the richest taxpayers starts at 20%, though the rates may go higher depending on the assets being sold.</p><p>Candidate Biden has said he'd raise the capital gains rate to 39.6% for household making at least $1 million so that their investment income is taxed just like their ordinary income.</p><p>Income brackets and estate taxes are one thing, but changes to the capital gains rules could be a tougher effort, Kirk said. First off, he wondered, can Biden convince lawmakers to counter a century of tax law -- since the 1921 Revenue Act -- that has taxed long-term capital gains at a lower, preferential rate?</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129331568","content_text":"Biden could announce details on new taxes on the wealthy as soon as next week, observers said.If President Joe Biden's campaign pledges to tax the rich were the coming attractions, we're about to arrive at the main event.After unveiling a $2.3 trillion infrastructure spending proposal . The president is expected to fund the forthcoming plan with tax increases on wealthy households.The question is precisely which tax hikes will he propose? And what can he get through a Congress where Democrats have the barest of majorities -- one where the president cannot afford any 'no' votes?Biden could formally announce the plan as soon as April 28, commentators said. So far, the White House hasn't provided details. But White House Press Secretary Jen Psaki confirmed Biden would discuss the plan at a scheduled address to Congress next week.Some specifics are starting to seep out, including a Bloomberg News report Thursday saying Biden will boost the capital gains rate tax to 39.6% for households earning at least $1 million, citing people familiar with the proposal. Coupled with an added 3.8% tax linked to the Affordable Care Act, that's a potential 43.4% rate.When asked about the report on the potential capital gains rate hike, Psaki said she did not want to comment ahead of Biden's decisions.All the stock market benchmarks began falling on the news, with the Dow Jones Industrial Average sliding 300 points the trading day down around 322 points, while the S&P 500 fell around 38 points and the Nasdaq Composite dropped 132 points.As for Biden's other plans to tax the wealthy, observers said it was possible to make some educated guesses about which tax provisions are under consideration by reviewing Biden's stances during his run for president, when he said he wouldn't raise taxes on anyone making less than $400,000.Reading the taxation 'tea leaves'Experts also try reading the taxation \"tea leaves\" by looking at the people Biden has tapped to serve in his administration.The rate for the top income tax bracket, new rules for estates and new tax treatment for the investment income of rich people are all likely in the mix, they say.Some proposals could chart new terrain in the tax code, they note, while others may just quickly undo Trump-era tax rules that are set to elapse at the end of 2025. Either way, some array of increases is coming, they note.\"At this point, taxes are not getting any lower,\" said David Kirk, a tax partner who leads Ernst & Young's Private Tax Group. \"They are only going to go up from here. The question is how?\"The answers matter a lot for the Biden administration as it presses its policy agenda. It also matters for higher-income households as they determine tax planning, investment portfolio strategy and end-of-life matters.Data on tax minimization strategies show wealthy taxpayers haven't been waiting.Here's a look at some of the specific tax provisions that might be in play, and what's known and not known yet.A new top tax rateCandidate Biden didn't propose a wealth tax, but he did propose putting the top marginal rate at 39.6%. That's where it was before the 2017 Tax Cuts and Jobs Act lowered the rate to 37% (as well as lowering the rates on four other brackets down the income ladder).Kirk, formerly an attorney in the Internal Revenue Service's Office of Chief Counsel, said the potential rate raise was \"relatively low hanging fruit\" for the administration.Ed Mills, a Washington D.C. policy analyst at Raymond James, agreed the potential rate hike looked likely. \"The political sales point is, 'It's not necessarily raising those taxes, it's reverting taxes back to where they were before the Trump tax cuts,'\" he said.One quirk is the top rate in 2021 applies to individuals making at least $523,601 a year or couples making $628,301 a year. So does Biden shuffle things so households making $400,000 now fall under the top rate instead of the second-highest 35% rate? \"Those are all political decisions\" still to come, Mills said.Tweaking the top rate could produce $100 billion in new tax revenue, according to a Tuesday note from Evercore ISI -- the investment banking advisory firm calls the change \"likely.\"Revised estate taxesThe Tax Cuts and Jobs Act doubled the threshold where the 40% federal estate taxes kicked in. It previously was $5.49 million per person ($10.98 million for married couple) and this year is $11.58 million per person ($23.16 million for married couples). The number is indexed for inflation. Like the marginal rates, the 2017 law lets the estate tax exemptions expire after 2025.But Biden may want to quicken the expiration date and, Kirk noted, he's brought on people who are keenly aware of estate-tax workings.Lily Batchelder has been nominated as assistant secretary for tax policy in the Treasury Department, he noted. (The White House formally sent her nomination to the Senate last week.)Batchelder previously taught at New York University's School of Law, where she estimated that federal estate taxes would rake in $16 billion last year, making for an effective estate tax rate around 2% .\"Despite our founding vision as a land of opportunity, the United States ranks at or near the bottom among high-income countries in economic equality and intergenerational mobility. Our tax code plays a key role,\" Batchelder, also an Obama administration official, wrote last year.If estate taxes are getting revised, one question is where the exemption level is set and whether the rate stays at 40%.Some estate tax changes are a \"done deal\" in the eyes of Professor Donald Williamson, executive director of American University's Kogod Tax Policy Center. \"Politically, it makes sense because average working Americans don't have estates to leave to their children,\" he said.Approximately 4,100 estate-tax returns will be filed for people who died last year, according to projections .An increase in estate tax also means the \"step up in basis\" is on the chopping block, Williamson said. This tax rule says if an heir sells inherited assets, the price appreciation -- and resulting capital gains tax -- starts from the time of inheritance, not when the asset was originally acquired.If an asset like long-held shares in a blue-chip company keeps growing in value, that's a major shield against a major capital gains tax liability.But there can be capital gains implications when businesses are sold or inherited -- and that's setting up battle lines.\"Eliminating step-up in basis would require small business owners to pay a new tax when a family business partner dies, and potentially force them to sell their business just to pay the tax and associated fees,\" said Courtney Titus Brooks, senior manager of federal government relations at the National Federation of Independent Business, an advocacy organization for small businesses.Biden's forthcoming proposal \"may include\" estate tax changes, which could generate $500 billion, and changes to the step-up in basis are \"very likely,\" Evercore ISI's note added.New rules and rates for capital gainsRight now, the capital-gains rate for the richest taxpayers starts at 20%, though the rates may go higher depending on the assets being sold.Candidate Biden has said he'd raise the capital gains rate to 39.6% for household making at least $1 million so that their investment income is taxed just like their ordinary income.Income brackets and estate taxes are one thing, but changes to the capital gains rules could be a tougher effort, Kirk said. First off, he wondered, can Biden convince lawmakers to counter a century of tax law -- since the 1921 Revenue Act -- that has taxed long-term capital gains at a lower, preferential rate?","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378002681,"gmtCreate":1618976780743,"gmtModify":1634289461950,"author":{"id":"3581743025693862","authorId":"3581743025693862","name":"19c4915a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581743025693862","authorIdStr":"3581743025693862"},"themes":[],"htmlText":"Nice must buy apple stock ","listText":"Nice must buy apple stock ","text":"Nice must buy apple stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378002681","repostId":"1193736432","repostType":4,"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371077995,"gmtCreate":1618897417417,"gmtModify":1634290050986,"author":{"id":"3581743025693862","authorId":"3581743025693862","name":"19c4915a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581743025693862","authorIdStr":"3581743025693862"},"themes":[],"htmlText":"Still worth buying? Thanks ","listText":"Still worth buying? Thanks ","text":"Still worth buying? Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371077995","repostId":"1175524598","repostType":4,"isVote":1,"tweetType":1,"viewCount":417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371074268,"gmtCreate":1618897370654,"gmtModify":1634290051570,"author":{"id":"3581743025693862","authorId":"3581743025693862","name":"19c4915a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581743025693862","authorIdStr":"3581743025693862"},"themes":[],"htmlText":"Now is it worth to buy?","listText":"Now is it worth to buy?","text":"Now is it worth to buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371074268","repostId":"1125387983","repostType":4,"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371036141,"gmtCreate":1618890855283,"gmtModify":1631884329468,"author":{"id":"3581743025693862","authorId":"3581743025693862","name":"19c4915a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581743025693862","authorIdStr":"3581743025693862"},"themes":[],"htmlText":"Hope for the best ","listText":"Hope for the best ","text":"Hope for the best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371036141","repostId":"2128689062","repostType":4,"repost":{"id":"2128689062","kind":"highlight","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":1618862511,"share":"https://www.laohu8.com/m/news/2128689062?lang=&edition=full","pubTime":"2021-04-20 04:01","market":"us","language":"en","title":"Wall Street slips off record highs, Tesla drops after fatal crash","url":"https://stock-news.laohu8.com/highlight/detail?id=2128689062","media":"Reuters","summary":"Tesla falls after fatal crash, bitcoin slumpsGameStop shares jump as CEO exitsCoca-Cola rises as revenue beats estimates. NEW YORK, April 19 - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Satu","content":"<ul><li>Tesla falls after fatal crash, bitcoin slumps</li><li>GameStop shares jump as CEO exits</li><li>Coca-Cola rises as revenue beats estimates</li></ul><p>NEW YORK, April 19 (Reuters) - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.</p><p>The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Saturday north of Houston, killing two occupants.</p><p>The stock was the biggest drag on the S&P 500 and Nasdaq Composite Index . An 8.4% drop over the weekend in bitcoin , in which Tesla has an investment, also weighed on its share price.</p><p>The S&P 500 was mostly lower, with Microsoft Corp , Amazon.com Inc and Nvidia Corp also weighing on the benchmark index as analysts await results this week and next that form the bulk of earnings season.</p><p>Corporate outlooks should indicate to what degree the rally from last year's lows can continue. Analysts expect first-quarter earnings to have grown 30.9% from a year ago, according to Refinitiv IBES data.</p><p>The U.S. economy is poised to boom as consumers hold $2 trillion in savings in excess of what they held before the pandemic, said Doug Peta, chief U.S. investment strategist at BCA Research, adding markets are in pause mode.</p><p>\"If indeed we do keep grinding higher that would be healthy, that would suggest that the grinding higher is sustainable,\" Peta said. \"The pullbacks along the way are healthy.\"</p><p>Nvidia fell after the UK government said it would look into the national security implications of Nvidia's purchase of British chip designer <a href=\"https://laohu8.com/S/ARMH\">ARM Holdings</a>, raising a question mark over the $40 billion deal.</p><p>Coca-Cola Co rose after the beverage maker trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollouts.</p><p>International Business Machines Corp , another blue-chip company, slipped ahead of its results due after the market close.</p><p>\"The market has had a huge jump to the upside so it needs to take a little bit of rest,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>\"For now it's just a little bit of profit taking as traders await results from big tech names on Wall Street.\"</p><p>Unofficially, the Dow Jones Industrial Average fell 0.35% to end at 34,082.44 points, while the S&P 500 lost 0.52% to 4,163.64.</p><p>The Nasdaq Composite dropped 0.98% to 13,914.77.</p><p>A recent retreat in benchmark 10-year Treasury yields from 14-month highs has helped high-flying technology stocks to rebound, while strong economic data has lifted the S&P 500 and the Dow to record levels.</p><p>The S&P 500 has gained the past four weeks, its longest winning streak since August 2020.</p><p>GameStop Corp jumped on the announcement of its chief executive's resignation.</p><p>Crypto stocks including miners Riot Blockchain and Marathon Digital each slumped as bitcoin took a hammering.</p><p>Harley-Davidson Inc jumped after the motorcycle maker raised it full-year forecast for sales growth.</p><p>(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Shounak Dasgupta, Bernard Orr and Richard Chang)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street slips off record highs, Tesla drops after fatal crash</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street slips off record highs, Tesla drops after fatal crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-20 04:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Tesla falls after fatal crash, bitcoin slumps</li><li>GameStop shares jump as CEO exits</li><li>Coca-Cola rises as revenue beats estimates</li></ul><p>NEW YORK, April 19 (Reuters) - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.</p><p>The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Saturday north of Houston, killing two occupants.</p><p>The stock was the biggest drag on the S&P 500 and Nasdaq Composite Index . An 8.4% drop over the weekend in bitcoin , in which Tesla has an investment, also weighed on its share price.</p><p>The S&P 500 was mostly lower, with Microsoft Corp , Amazon.com Inc and Nvidia Corp also weighing on the benchmark index as analysts await results this week and next that form the bulk of earnings season.</p><p>Corporate outlooks should indicate to what degree the rally from last year's lows can continue. Analysts expect first-quarter earnings to have grown 30.9% from a year ago, according to Refinitiv IBES data.</p><p>The U.S. economy is poised to boom as consumers hold $2 trillion in savings in excess of what they held before the pandemic, said Doug Peta, chief U.S. investment strategist at BCA Research, adding markets are in pause mode.</p><p>\"If indeed we do keep grinding higher that would be healthy, that would suggest that the grinding higher is sustainable,\" Peta said. \"The pullbacks along the way are healthy.\"</p><p>Nvidia fell after the UK government said it would look into the national security implications of Nvidia's purchase of British chip designer <a href=\"https://laohu8.com/S/ARMH\">ARM Holdings</a>, raising a question mark over the $40 billion deal.</p><p>Coca-Cola Co rose after the beverage maker trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollouts.</p><p>International Business Machines Corp , another blue-chip company, slipped ahead of its results due after the market close.</p><p>\"The market has had a huge jump to the upside so it needs to take a little bit of rest,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>\"For now it's just a little bit of profit taking as traders await results from big tech names on Wall Street.\"</p><p>Unofficially, the Dow Jones Industrial Average fell 0.35% to end at 34,082.44 points, while the S&P 500 lost 0.52% to 4,163.64.</p><p>The Nasdaq Composite dropped 0.98% to 13,914.77.</p><p>A recent retreat in benchmark 10-year Treasury yields from 14-month highs has helped high-flying technology stocks to rebound, while strong economic data has lifted the S&P 500 and the Dow to record levels.</p><p>The S&P 500 has gained the past four weeks, its longest winning streak since August 2020.</p><p>GameStop Corp jumped on the announcement of its chief executive's resignation.</p><p>Crypto stocks including miners Riot Blockchain and Marathon Digital each slumped as bitcoin took a hammering.</p><p>Harley-Davidson Inc jumped after the motorcycle maker raised it full-year forecast for sales growth.</p><p>(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Shounak Dasgupta, Bernard Orr and Richard Chang)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","GME":"游戏驿站","AMZN":"亚马逊","NVDA":"英伟达","HON":"霍尼韦尔","HOG":"哈雷戴维森","RIOT":"Riot Platforms","SLB":"斯伦贝谢","MSFT":"微软",".SPX":"S&P 500 Index","MARA":"MARA Holdings","IBM":"IBM","TSLA":"特斯拉","NFLX":"奈飞","INTC":"英特尔","KO":"可口可乐","JNJ":"强生",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128689062","content_text":"Tesla falls after fatal crash, bitcoin slumpsGameStop shares jump as CEO exitsCoca-Cola rises as revenue beats estimatesNEW YORK, April 19 (Reuters) - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Saturday north of Houston, killing two occupants.The stock was the biggest drag on the S&P 500 and Nasdaq Composite Index . An 8.4% drop over the weekend in bitcoin , in which Tesla has an investment, also weighed on its share price.The S&P 500 was mostly lower, with Microsoft Corp , Amazon.com Inc and Nvidia Corp also weighing on the benchmark index as analysts await results this week and next that form the bulk of earnings season.Corporate outlooks should indicate to what degree the rally from last year's lows can continue. Analysts expect first-quarter earnings to have grown 30.9% from a year ago, according to Refinitiv IBES data.The U.S. economy is poised to boom as consumers hold $2 trillion in savings in excess of what they held before the pandemic, said Doug Peta, chief U.S. investment strategist at BCA Research, adding markets are in pause mode.\"If indeed we do keep grinding higher that would be healthy, that would suggest that the grinding higher is sustainable,\" Peta said. \"The pullbacks along the way are healthy.\"Nvidia fell after the UK government said it would look into the national security implications of Nvidia's purchase of British chip designer ARM Holdings, raising a question mark over the $40 billion deal.Coca-Cola Co rose after the beverage maker trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollouts.International Business Machines Corp , another blue-chip company, slipped ahead of its results due after the market close.\"The market has had a huge jump to the upside so it needs to take a little bit of rest,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.\"For now it's just a little bit of profit taking as traders await results from big tech names on Wall Street.\"Unofficially, the Dow Jones Industrial Average fell 0.35% to end at 34,082.44 points, while the S&P 500 lost 0.52% to 4,163.64.The Nasdaq Composite dropped 0.98% to 13,914.77.A recent retreat in benchmark 10-year Treasury yields from 14-month highs has helped high-flying technology stocks to rebound, while strong economic data has lifted the S&P 500 and the Dow to record levels.The S&P 500 has gained the past four weeks, its longest winning streak since August 2020.GameStop Corp jumped on the announcement of its chief executive's resignation.Crypto stocks including miners Riot Blockchain and Marathon Digital each slumped as bitcoin took a hammering.Harley-Davidson Inc jumped after the motorcycle maker raised it full-year forecast for sales growth.(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Shounak Dasgupta, Bernard Orr and Richard Chang)","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371038598,"gmtCreate":1618890810414,"gmtModify":1631884329471,"author":{"id":"3581743025693862","authorId":"3581743025693862","name":"19c4915a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581743025693862","authorIdStr":"3581743025693862"},"themes":[],"htmlText":"Hope for the better ","listText":"Hope for the better ","text":"Hope for the better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/371038598","repostId":"2128689062","repostType":4,"repost":{"id":"2128689062","kind":"highlight","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":1618862511,"share":"https://www.laohu8.com/m/news/2128689062?lang=&edition=full","pubTime":"2021-04-20 04:01","market":"us","language":"en","title":"Wall Street slips off record highs, Tesla drops after fatal crash","url":"https://stock-news.laohu8.com/highlight/detail?id=2128689062","media":"Reuters","summary":"Tesla falls after fatal crash, bitcoin slumpsGameStop shares jump as CEO exitsCoca-Cola rises as revenue beats estimates. NEW YORK, April 19 - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Satu","content":"<ul><li>Tesla falls after fatal crash, bitcoin slumps</li><li>GameStop shares jump as CEO exits</li><li>Coca-Cola rises as revenue beats estimates</li></ul><p>NEW YORK, April 19 (Reuters) - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.</p><p>The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Saturday north of Houston, killing two occupants.</p><p>The stock was the biggest drag on the S&P 500 and Nasdaq Composite Index . An 8.4% drop over the weekend in bitcoin , in which Tesla has an investment, also weighed on its share price.</p><p>The S&P 500 was mostly lower, with Microsoft Corp , Amazon.com Inc and Nvidia Corp also weighing on the benchmark index as analysts await results this week and next that form the bulk of earnings season.</p><p>Corporate outlooks should indicate to what degree the rally from last year's lows can continue. Analysts expect first-quarter earnings to have grown 30.9% from a year ago, according to Refinitiv IBES data.</p><p>The U.S. economy is poised to boom as consumers hold $2 trillion in savings in excess of what they held before the pandemic, said Doug Peta, chief U.S. investment strategist at BCA Research, adding markets are in pause mode.</p><p>\"If indeed we do keep grinding higher that would be healthy, that would suggest that the grinding higher is sustainable,\" Peta said. \"The pullbacks along the way are healthy.\"</p><p>Nvidia fell after the UK government said it would look into the national security implications of Nvidia's purchase of British chip designer <a href=\"https://laohu8.com/S/ARMH\">ARM Holdings</a>, raising a question mark over the $40 billion deal.</p><p>Coca-Cola Co rose after the beverage maker trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollouts.</p><p>International Business Machines Corp , another blue-chip company, slipped ahead of its results due after the market close.</p><p>\"The market has had a huge jump to the upside so it needs to take a little bit of rest,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>\"For now it's just a little bit of profit taking as traders await results from big tech names on Wall Street.\"</p><p>Unofficially, the Dow Jones Industrial Average fell 0.35% to end at 34,082.44 points, while the S&P 500 lost 0.52% to 4,163.64.</p><p>The Nasdaq Composite dropped 0.98% to 13,914.77.</p><p>A recent retreat in benchmark 10-year Treasury yields from 14-month highs has helped high-flying technology stocks to rebound, while strong economic data has lifted the S&P 500 and the Dow to record levels.</p><p>The S&P 500 has gained the past four weeks, its longest winning streak since August 2020.</p><p>GameStop Corp jumped on the announcement of its chief executive's resignation.</p><p>Crypto stocks including miners Riot Blockchain and Marathon Digital each slumped as bitcoin took a hammering.</p><p>Harley-Davidson Inc jumped after the motorcycle maker raised it full-year forecast for sales growth.</p><p>(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Shounak Dasgupta, Bernard Orr and Richard Chang)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street slips off record highs, Tesla drops after fatal crash</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\">\nWall Street slips off record highs, Tesla drops after fatal crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-20 04:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Tesla falls after fatal crash, bitcoin slumps</li><li>GameStop shares jump as CEO exits</li><li>Coca-Cola rises as revenue beats estimates</li></ul><p>NEW YORK, April 19 (Reuters) - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.</p><p>The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Saturday north of Houston, killing two occupants.</p><p>The stock was the biggest drag on the S&P 500 and Nasdaq Composite Index . An 8.4% drop over the weekend in bitcoin , in which Tesla has an investment, also weighed on its share price.</p><p>The S&P 500 was mostly lower, with Microsoft Corp , Amazon.com Inc and Nvidia Corp also weighing on the benchmark index as analysts await results this week and next that form the bulk of earnings season.</p><p>Corporate outlooks should indicate to what degree the rally from last year's lows can continue. Analysts expect first-quarter earnings to have grown 30.9% from a year ago, according to Refinitiv IBES data.</p><p>The U.S. economy is poised to boom as consumers hold $2 trillion in savings in excess of what they held before the pandemic, said Doug Peta, chief U.S. investment strategist at BCA Research, adding markets are in pause mode.</p><p>\"If indeed we do keep grinding higher that would be healthy, that would suggest that the grinding higher is sustainable,\" Peta said. \"The pullbacks along the way are healthy.\"</p><p>Nvidia fell after the UK government said it would look into the national security implications of Nvidia's purchase of British chip designer <a href=\"https://laohu8.com/S/ARMH\">ARM Holdings</a>, raising a question mark over the $40 billion deal.</p><p>Coca-Cola Co rose after the beverage maker trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollouts.</p><p>International Business Machines Corp , another blue-chip company, slipped ahead of its results due after the market close.</p><p>\"The market has had a huge jump to the upside so it needs to take a little bit of rest,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>\"For now it's just a little bit of profit taking as traders await results from big tech names on Wall Street.\"</p><p>Unofficially, the Dow Jones Industrial Average fell 0.35% to end at 34,082.44 points, while the S&P 500 lost 0.52% to 4,163.64.</p><p>The Nasdaq Composite dropped 0.98% to 13,914.77.</p><p>A recent retreat in benchmark 10-year Treasury yields from 14-month highs has helped high-flying technology stocks to rebound, while strong economic data has lifted the S&P 500 and the Dow to record levels.</p><p>The S&P 500 has gained the past four weeks, its longest winning streak since August 2020.</p><p>GameStop Corp jumped on the announcement of its chief executive's resignation.</p><p>Crypto stocks including miners Riot Blockchain and Marathon Digital each slumped as bitcoin took a hammering.</p><p>Harley-Davidson Inc jumped after the motorcycle maker raised it full-year forecast for sales growth.</p><p>(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Shounak Dasgupta, Bernard Orr and Richard Chang)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","GME":"游戏驿站","AMZN":"亚马逊","NVDA":"英伟达","HON":"霍尼韦尔","HOG":"哈雷戴维森","RIOT":"Riot Platforms","SLB":"斯伦贝谢","MSFT":"微软",".SPX":"S&P 500 Index","MARA":"MARA Holdings","IBM":"IBM","TSLA":"特斯拉","NFLX":"奈飞","INTC":"英特尔","KO":"可口可乐","JNJ":"强生",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128689062","content_text":"Tesla falls after fatal crash, bitcoin slumpsGameStop shares jump as CEO exitsCoca-Cola rises as revenue beats estimatesNEW YORK, April 19 (Reuters) - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Saturday north of Houston, killing two occupants.The stock was the biggest drag on the S&P 500 and Nasdaq Composite Index . An 8.4% drop over the weekend in bitcoin , in which Tesla has an investment, also weighed on its share price.The S&P 500 was mostly lower, with Microsoft Corp , Amazon.com Inc and Nvidia Corp also weighing on the benchmark index as analysts await results this week and next that form the bulk of earnings season.Corporate outlooks should indicate to what degree the rally from last year's lows can continue. Analysts expect first-quarter earnings to have grown 30.9% from a year ago, according to Refinitiv IBES data.The U.S. economy is poised to boom as consumers hold $2 trillion in savings in excess of what they held before the pandemic, said Doug Peta, chief U.S. investment strategist at BCA Research, adding markets are in pause mode.\"If indeed we do keep grinding higher that would be healthy, that would suggest that the grinding higher is sustainable,\" Peta said. \"The pullbacks along the way are healthy.\"Nvidia fell after the UK government said it would look into the national security implications of Nvidia's purchase of British chip designer ARM Holdings, raising a question mark over the $40 billion deal.Coca-Cola Co rose after the beverage maker trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollouts.International Business Machines Corp , another blue-chip company, slipped ahead of its results due after the market close.\"The market has had a huge jump to the upside so it needs to take a little bit of rest,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.\"For now it's just a little bit of profit taking as traders await results from big tech names on Wall Street.\"Unofficially, the Dow Jones Industrial Average fell 0.35% to end at 34,082.44 points, while the S&P 500 lost 0.52% to 4,163.64.The Nasdaq Composite dropped 0.98% to 13,914.77.A recent retreat in benchmark 10-year Treasury yields from 14-month highs has helped high-flying technology stocks to rebound, while strong economic data has lifted the S&P 500 and the Dow to record levels.The S&P 500 has gained the past four weeks, its longest winning streak since August 2020.GameStop Corp jumped on the announcement of its chief executive's resignation.Crypto stocks including miners Riot Blockchain and Marathon Digital each slumped as bitcoin took a hammering.Harley-Davidson Inc jumped after the motorcycle maker raised it full-year forecast for sales growth.(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Shounak Dasgupta, Bernard Orr and Richard Chang)","news_type":1},"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379937480,"gmtCreate":1618650549240,"gmtModify":1634291537250,"author":{"id":"3581743025693862","authorId":"3581743025693862","name":"19c4915a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581743025693862","authorIdStr":"3581743025693862"},"themes":[],"htmlText":"Looking forward ","listText":"Looking forward ","text":"Looking forward","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/379937480","repostId":"1179330583","repostType":4,"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":371038598,"gmtCreate":1618890810414,"gmtModify":1631884329471,"author":{"id":"3581743025693862","authorId":"3581743025693862","name":"19c4915a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581743025693862","authorIdStr":"3581743025693862"},"themes":[],"htmlText":"Hope for the better ","listText":"Hope for the better ","text":"Hope for the better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/371038598","repostId":"2128689062","repostType":4,"repost":{"id":"2128689062","kind":"highlight","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":1618862511,"share":"https://www.laohu8.com/m/news/2128689062?lang=&edition=full","pubTime":"2021-04-20 04:01","market":"us","language":"en","title":"Wall Street slips off record highs, Tesla drops after fatal crash","url":"https://stock-news.laohu8.com/highlight/detail?id=2128689062","media":"Reuters","summary":"Tesla falls after fatal crash, bitcoin slumpsGameStop shares jump as CEO exitsCoca-Cola rises as revenue beats estimates. NEW YORK, April 19 - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Satu","content":"<ul><li>Tesla falls after fatal crash, bitcoin slumps</li><li>GameStop shares jump as CEO exits</li><li>Coca-Cola rises as revenue beats estimates</li></ul><p>NEW YORK, April 19 (Reuters) - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.</p><p>The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Saturday north of Houston, killing two occupants.</p><p>The stock was the biggest drag on the S&P 500 and Nasdaq Composite Index . An 8.4% drop over the weekend in bitcoin , in which Tesla has an investment, also weighed on its share price.</p><p>The S&P 500 was mostly lower, with Microsoft Corp , Amazon.com Inc and Nvidia Corp also weighing on the benchmark index as analysts await results this week and next that form the bulk of earnings season.</p><p>Corporate outlooks should indicate to what degree the rally from last year's lows can continue. Analysts expect first-quarter earnings to have grown 30.9% from a year ago, according to Refinitiv IBES data.</p><p>The U.S. economy is poised to boom as consumers hold $2 trillion in savings in excess of what they held before the pandemic, said Doug Peta, chief U.S. investment strategist at BCA Research, adding markets are in pause mode.</p><p>\"If indeed we do keep grinding higher that would be healthy, that would suggest that the grinding higher is sustainable,\" Peta said. \"The pullbacks along the way are healthy.\"</p><p>Nvidia fell after the UK government said it would look into the national security implications of Nvidia's purchase of British chip designer <a href=\"https://laohu8.com/S/ARMH\">ARM Holdings</a>, raising a question mark over the $40 billion deal.</p><p>Coca-Cola Co rose after the beverage maker trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollouts.</p><p>International Business Machines Corp , another blue-chip company, slipped ahead of its results due after the market close.</p><p>\"The market has had a huge jump to the upside so it needs to take a little bit of rest,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>\"For now it's just a little bit of profit taking as traders await results from big tech names on Wall Street.\"</p><p>Unofficially, the Dow Jones Industrial Average fell 0.35% to end at 34,082.44 points, while the S&P 500 lost 0.52% to 4,163.64.</p><p>The Nasdaq Composite dropped 0.98% to 13,914.77.</p><p>A recent retreat in benchmark 10-year Treasury yields from 14-month highs has helped high-flying technology stocks to rebound, while strong economic data has lifted the S&P 500 and the Dow to record levels.</p><p>The S&P 500 has gained the past four weeks, its longest winning streak since August 2020.</p><p>GameStop Corp jumped on the announcement of its chief executive's resignation.</p><p>Crypto stocks including miners Riot Blockchain and Marathon Digital each slumped as bitcoin took a hammering.</p><p>Harley-Davidson Inc jumped after the motorcycle maker raised it full-year forecast for sales growth.</p><p>(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Shounak Dasgupta, Bernard Orr and Richard Chang)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street slips off record highs, Tesla drops after fatal crash</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street slips off record highs, Tesla drops after fatal crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-20 04:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Tesla falls after fatal crash, bitcoin slumps</li><li>GameStop shares jump as CEO exits</li><li>Coca-Cola rises as revenue beats estimates</li></ul><p>NEW YORK, April 19 (Reuters) - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.</p><p>The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Saturday north of Houston, killing two occupants.</p><p>The stock was the biggest drag on the S&P 500 and Nasdaq Composite Index . An 8.4% drop over the weekend in bitcoin , in which Tesla has an investment, also weighed on its share price.</p><p>The S&P 500 was mostly lower, with Microsoft Corp , Amazon.com Inc and Nvidia Corp also weighing on the benchmark index as analysts await results this week and next that form the bulk of earnings season.</p><p>Corporate outlooks should indicate to what degree the rally from last year's lows can continue. Analysts expect first-quarter earnings to have grown 30.9% from a year ago, according to Refinitiv IBES data.</p><p>The U.S. economy is poised to boom as consumers hold $2 trillion in savings in excess of what they held before the pandemic, said Doug Peta, chief U.S. investment strategist at BCA Research, adding markets are in pause mode.</p><p>\"If indeed we do keep grinding higher that would be healthy, that would suggest that the grinding higher is sustainable,\" Peta said. \"The pullbacks along the way are healthy.\"</p><p>Nvidia fell after the UK government said it would look into the national security implications of Nvidia's purchase of British chip designer <a href=\"https://laohu8.com/S/ARMH\">ARM Holdings</a>, raising a question mark over the $40 billion deal.</p><p>Coca-Cola Co rose after the beverage maker trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollouts.</p><p>International Business Machines Corp , another blue-chip company, slipped ahead of its results due after the market close.</p><p>\"The market has had a huge jump to the upside so it needs to take a little bit of rest,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>\"For now it's just a little bit of profit taking as traders await results from big tech names on Wall Street.\"</p><p>Unofficially, the Dow Jones Industrial Average fell 0.35% to end at 34,082.44 points, while the S&P 500 lost 0.52% to 4,163.64.</p><p>The Nasdaq Composite dropped 0.98% to 13,914.77.</p><p>A recent retreat in benchmark 10-year Treasury yields from 14-month highs has helped high-flying technology stocks to rebound, while strong economic data has lifted the S&P 500 and the Dow to record levels.</p><p>The S&P 500 has gained the past four weeks, its longest winning streak since August 2020.</p><p>GameStop Corp jumped on the announcement of its chief executive's resignation.</p><p>Crypto stocks including miners Riot Blockchain and Marathon Digital each slumped as bitcoin took a hammering.</p><p>Harley-Davidson Inc jumped after the motorcycle maker raised it full-year forecast for sales growth.</p><p>(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Shounak Dasgupta, Bernard Orr and Richard Chang)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","GME":"游戏驿站","AMZN":"亚马逊","NVDA":"英伟达","HON":"霍尼韦尔","HOG":"哈雷戴维森","RIOT":"Riot Platforms","SLB":"斯伦贝谢","MSFT":"微软",".SPX":"S&P 500 Index","MARA":"MARA Holdings","IBM":"IBM","TSLA":"特斯拉","NFLX":"奈飞","INTC":"英特尔","KO":"可口可乐","JNJ":"强生",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128689062","content_text":"Tesla falls after fatal crash, bitcoin slumpsGameStop shares jump as CEO exitsCoca-Cola rises as revenue beats estimatesNEW YORK, April 19 (Reuters) - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Saturday north of Houston, killing two occupants.The stock was the biggest drag on the S&P 500 and Nasdaq Composite Index . An 8.4% drop over the weekend in bitcoin , in which Tesla has an investment, also weighed on its share price.The S&P 500 was mostly lower, with Microsoft Corp , Amazon.com Inc and Nvidia Corp also weighing on the benchmark index as analysts await results this week and next that form the bulk of earnings season.Corporate outlooks should indicate to what degree the rally from last year's lows can continue. Analysts expect first-quarter earnings to have grown 30.9% from a year ago, according to Refinitiv IBES data.The U.S. economy is poised to boom as consumers hold $2 trillion in savings in excess of what they held before the pandemic, said Doug Peta, chief U.S. investment strategist at BCA Research, adding markets are in pause mode.\"If indeed we do keep grinding higher that would be healthy, that would suggest that the grinding higher is sustainable,\" Peta said. \"The pullbacks along the way are healthy.\"Nvidia fell after the UK government said it would look into the national security implications of Nvidia's purchase of British chip designer ARM Holdings, raising a question mark over the $40 billion deal.Coca-Cola Co rose after the beverage maker trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollouts.International Business Machines Corp , another blue-chip company, slipped ahead of its results due after the market close.\"The market has had a huge jump to the upside so it needs to take a little bit of rest,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.\"For now it's just a little bit of profit taking as traders await results from big tech names on Wall Street.\"Unofficially, the Dow Jones Industrial Average fell 0.35% to end at 34,082.44 points, while the S&P 500 lost 0.52% to 4,163.64.The Nasdaq Composite dropped 0.98% to 13,914.77.A recent retreat in benchmark 10-year Treasury yields from 14-month highs has helped high-flying technology stocks to rebound, while strong economic data has lifted the S&P 500 and the Dow to record levels.The S&P 500 has gained the past four weeks, its longest winning streak since August 2020.GameStop Corp jumped on the announcement of its chief executive's resignation.Crypto stocks including miners Riot Blockchain and Marathon Digital each slumped as bitcoin took a hammering.Harley-Davidson Inc jumped after the motorcycle maker raised it full-year forecast for sales growth.(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Shounak Dasgupta, Bernard Orr and Richard Chang)","news_type":1},"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103930413,"gmtCreate":1619742157532,"gmtModify":1634210299698,"author":{"id":"3581743025693862","authorId":"3581743025693862","name":"19c4915a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581743025693862","authorIdStr":"3581743025693862"},"themes":[],"htmlText":"Impressive ","listText":"Impressive ","text":"Impressive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/103930413","repostId":"1188611661","repostType":4,"repost":{"id":"1188611661","kind":"news","pubTimestamp":1619734487,"share":"https://www.laohu8.com/m/news/1188611661?lang=&edition=full","pubTime":"2021-04-30 06:14","market":"us","language":"en","title":"Amazon sales surge 44% as it smashes earnings expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1188611661","media":"CNBC","summary":"Amazon released first-quarter results on Thursday that trounced analysts’ expectations.\nThe company ","content":"<ul>\n <li>Amazon released first-quarter results on Thursday that trounced analysts’ expectations.</li>\n <li>The company confirmed that this year’s Prime Day will take place in June, which will likely help year over year comparisons for revenue in the second quarter.</li>\n</ul>\n<p>Amazonshares climbed more than 3.5% in extended trading Thursday after the company released its first-quarter earnings, beating Wall Street’s expectations for earnings and revenue.</p>\n<p><img src=\"https://static.tigerbbs.com/798d7f0536203d2ae33b543f4dabf204\" tg-width=\"1281\" tg-height=\"591\"></p>\n<p>Here’s how the e-commerce giant fared, relative to analyst estimates compiled by Refinitiv:</p>\n<ul>\n <li><b>Earnings:</b>$15.79 per share vs. $9.54 per share expected</li>\n <li><b>Revenue:</b>$108.52 billion vs. $104.47 billion expected</li>\n</ul>\n<p>Few companies have benefited from the pandemic-fueled surge of online shoppingas much as Amazon. Its first-quarter results showed the company’s business continues to be buoyed by the pandemic, with sales soaring 44% year-over-year to $108.5 billion.</p>\n<p>Amazon’s guidance for the second quarter implies that it expects the momentum to continue, which should help allay investor fears that business could slow in a post-pandemic environment. The company expects to post revenue between $110 billion and $116 billion, surpassing Wall Street’s projection $108.6 billion.</p>\n<p>Crucially, Amazon confirmed in its guidance that this year’s Prime Day will take place in June, which will likely help year-over-year comparisons for revenue in the second quarter. Typically, Amazon’s annual, two-day discount bonanza takes place in July, but the company postponed the event to October last year amid pandemic-related uncertainty.</p>\n<p>When asked about the Prime Day timing, CFO Brian Olsavsky said on a call with investors: “In many areas, July is vacation month, so it might be better for customers, sellers and vendors to experiment with a different time period. We believe that it might be better timing later in [the second quarter], so that’s what we’re testing this year.”</p>\n<p>Outside of its core retail segment, Amazon’s cloud-computing and advertising businesses continue to boom. Amazon Web Servicessawnet sales of $13.5 billion during the quarter, up 32% year over year. Amazon doesn’t disclose advertising sales, but it’s included in the company’s “Other” category, which saw its revenues grow 77% year over year to $6.9 billion.</p>\n<p>Amazon CEO Jeff Bezos also gave a rare glimpse into how the company’s streaming business has fared during the pandemic, as stuck-at-home consumers relied on online entertainment to keep busy. “As Prime Video turns 10, over 175 million Prime members have streamed shows and movies in the past year, and streaming hours are up more than 70% year over year,” he said.</p>\n<p>Amazon’s streaming service, Prime Video, is a key offering of the company’s Prime subscription service, which costs $119 a year and includes a range of other benefits like free, two-day shipping. Bezos disclosed earlier this month that the company now has 200 million Prime subscribers, 50 million more than it had at the start of 2020.</p>\n<p>Physical stores revenue, which includes Whole Foods Market and other brick-and-mortar offerings like Amazon Books, continued to fall. Sales slumped 16% to $3.9 billion. The category excludes online delivery, Olsavsky said.</p>\n<p>During the quarter, Amazon’s sales grew faster internationally than they did in North America. International revenue surged 60% year over year, more than any other segment, while North America revenue climbed 40%.</p>\n<p>As expected, Amazon will incur fewer costs this year related to coronavirus safety measures. Operating income is forecast to be between $4.5 billion and $8 billion in the second quarter, assuming $1.5 billion of costs related to Covid-19. That’s in line with what Amazon executives predicted last quarter.</p>\n<p>AmazonsaidWednesday it would spend more than $1 billion on raising wages for over half a million of its U.S. operations workers. On a call with reporters, Olsavsky said it decided to move up the pay increase from the fall to this spring as volumes remain just as strong as they were at the beginning of the pandemic.</p>\n<p>Olsavsky declined to comment on Amazon’s CEO transition plans, which will come into play once Bezossteps down in the third quarter. Bezos will turn the helm over to AWS CEO Andy Jassy and assume the role of executive chairman of Amazon’s board.</p>","source":"lsy1609915699154","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>Amazon sales surge 44% as it smashes earnings expectations</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\">\nAmazon sales surge 44% as it smashes earnings expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 06:14 GMT+8 <a href=https://www.cnbc.com/2021/04/29/amazon-amzn-earnings-q1-2021.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon released first-quarter results on Thursday that trounced analysts’ expectations.\nThe company confirmed that this year’s Prime Day will take place in June, which will likely help year over year ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/29/amazon-amzn-earnings-q1-2021.html\">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"},"source_url":"https://www.cnbc.com/2021/04/29/amazon-amzn-earnings-q1-2021.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188611661","content_text":"Amazon released first-quarter results on Thursday that trounced analysts’ expectations.\nThe company confirmed that this year’s Prime Day will take place in June, which will likely help year over year comparisons for revenue in the second quarter.\n\nAmazonshares climbed more than 3.5% in extended trading Thursday after the company released its first-quarter earnings, beating Wall Street’s expectations for earnings and revenue.\n\nHere’s how the e-commerce giant fared, relative to analyst estimates compiled by Refinitiv:\n\nEarnings:$15.79 per share vs. $9.54 per share expected\nRevenue:$108.52 billion vs. $104.47 billion expected\n\nFew companies have benefited from the pandemic-fueled surge of online shoppingas much as Amazon. Its first-quarter results showed the company’s business continues to be buoyed by the pandemic, with sales soaring 44% year-over-year to $108.5 billion.\nAmazon’s guidance for the second quarter implies that it expects the momentum to continue, which should help allay investor fears that business could slow in a post-pandemic environment. The company expects to post revenue between $110 billion and $116 billion, surpassing Wall Street’s projection $108.6 billion.\nCrucially, Amazon confirmed in its guidance that this year’s Prime Day will take place in June, which will likely help year-over-year comparisons for revenue in the second quarter. Typically, Amazon’s annual, two-day discount bonanza takes place in July, but the company postponed the event to October last year amid pandemic-related uncertainty.\nWhen asked about the Prime Day timing, CFO Brian Olsavsky said on a call with investors: “In many areas, July is vacation month, so it might be better for customers, sellers and vendors to experiment with a different time period. We believe that it might be better timing later in [the second quarter], so that’s what we’re testing this year.”\nOutside of its core retail segment, Amazon’s cloud-computing and advertising businesses continue to boom. Amazon Web Servicessawnet sales of $13.5 billion during the quarter, up 32% year over year. Amazon doesn’t disclose advertising sales, but it’s included in the company’s “Other” category, which saw its revenues grow 77% year over year to $6.9 billion.\nAmazon CEO Jeff Bezos also gave a rare glimpse into how the company’s streaming business has fared during the pandemic, as stuck-at-home consumers relied on online entertainment to keep busy. “As Prime Video turns 10, over 175 million Prime members have streamed shows and movies in the past year, and streaming hours are up more than 70% year over year,” he said.\nAmazon’s streaming service, Prime Video, is a key offering of the company’s Prime subscription service, which costs $119 a year and includes a range of other benefits like free, two-day shipping. Bezos disclosed earlier this month that the company now has 200 million Prime subscribers, 50 million more than it had at the start of 2020.\nPhysical stores revenue, which includes Whole Foods Market and other brick-and-mortar offerings like Amazon Books, continued to fall. Sales slumped 16% to $3.9 billion. The category excludes online delivery, Olsavsky said.\nDuring the quarter, Amazon’s sales grew faster internationally than they did in North America. International revenue surged 60% year over year, more than any other segment, while North America revenue climbed 40%.\nAs expected, Amazon will incur fewer costs this year related to coronavirus safety measures. Operating income is forecast to be between $4.5 billion and $8 billion in the second quarter, assuming $1.5 billion of costs related to Covid-19. That’s in line with what Amazon executives predicted last quarter.\nAmazonsaidWednesday it would spend more than $1 billion on raising wages for over half a million of its U.S. operations workers. On a call with reporters, Olsavsky said it decided to move up the pay increase from the fall to this spring as volumes remain just as strong as they were at the beginning of the pandemic.\nOlsavsky declined to comment on Amazon’s CEO transition plans, which will come into play once Bezossteps down in the third quarter. Bezos will turn the helm over to AWS CEO Andy Jassy and assume the role of executive chairman of Amazon’s board.","news_type":1},"isVote":1,"tweetType":1,"viewCount":512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378002681,"gmtCreate":1618976780743,"gmtModify":1634289461950,"author":{"id":"3581743025693862","authorId":"3581743025693862","name":"19c4915a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581743025693862","authorIdStr":"3581743025693862"},"themes":[],"htmlText":"Nice must buy apple stock ","listText":"Nice must buy apple stock ","text":"Nice must buy apple stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378002681","repostId":"1193736432","repostType":4,"repost":{"id":"1193736432","kind":"news","pubTimestamp":1618966262,"share":"https://www.laohu8.com/m/news/1193736432?lang=&edition=full","pubTime":"2021-04-21 08:51","market":"us","language":"en","title":"Here’s everything Apple just announced: New iPad Pros, colorful iMacs, AirTags and more","url":"https://stock-news.laohu8.com/highlight/detail?id=1193736432","media":"cnbc","summary":"Applejust held its first product launch event of the year, where it announced a colorful new iMac and an updated iPad Pro with 5G and the M1 chip that’s also used in the company’s desktop computers.Apple also announced an AirTag lost-device tracking gadget and a refreshed Apple TV 4K with a brand-new remote.Investors didn’t appear to be impressed by the news. Shares of Apple were down about 2% after the product event wrapped up.Here are some of the highlight announcements, but scroll down to see","content":"<div>\n<p>Applejust held its first product launch event of the year, where it announced a colorful new iMac and an updated iPad Pro with 5G and the M1 chip that’s also used in the company’s desktop computers.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/20/apple-event-live-updates.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here’s everything Apple just announced: New iPad Pros, colorful iMacs, AirTags and more</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\">\nHere’s everything Apple just announced: New iPad Pros, colorful iMacs, AirTags and more\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 08:51 GMT+8 <a href=https://www.cnbc.com/2021/04/20/apple-event-live-updates.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applejust held its first product launch event of the year, where it announced a colorful new iMac and an updated iPad Pro with 5G and the M1 chip that’s also used in the company’s desktop computers.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/20/apple-event-live-updates.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/20/apple-event-live-updates.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1193736432","content_text":"Applejust held its first product launch event of the year, where it announced a colorful new iMac and an updated iPad Pro with 5G and the M1 chip that’s also used in the company’s desktop computers.\nApple also announced an AirTag lost-device tracking gadget and a refreshed Apple TV 4K with a brand-new remote.\nInvestors didn’t appear to be impressed by the news. Shares of Apple were down about 2% after the product event wrapped up.\nHere are some of the highlight announcements, but scroll down to see more.\n\nApple Card features for teens and families\nPodcast subscriptions\nAirTag lost item finder\nA purple iPhone 12\nA new Apple TV boxandremote\niMacs in seven colors with Apple’s M1 chip\nImproved iPad Pros with Apple’s M1 chip\n\nApple announces updated iPad Pros with chip from desktop computers\nApple said on Tuesday that it will release new high-end iPad Pros that use the company’s M1 chip, which is also used in its Mac computers. Previously, iPads used A-series chips, which are what powers the company’s iPhones. Apple says it is the most powerful tablet on the market.\nIt also includes an improved USB-C connector that will allow the iPad to connect to higher-resolution monitors and download images from a camera more quickly.\nThe 12.9-inch iPad Pro features an improved screen using an array of LEDs that is brighter and has better color resolution than previous displays using a technology called Mini-LED.\niPad ProSource: Apple Inc.\nThe iPad Pro will also have a 12-megapixel front-facing camera with an ultrawide lens that can automatically pan to keep human subjects in the shot.\nSome models will include 5G support, Apple said. The 11-inch model starts at $799, and the 12.9-inch model costs $1,099. They will be available for preorder on April 30 and will ship in late May.— Kif Leswing\niPad ProSource: Apple Inc.\nApple announces new iMac models that come in different colors\nApple launches new iMac.Source: Apple Inc.\nThese iMacs are powered by Apple's custom M1 silicon, not Intel processors. The computers have a new, thinner aluminum design, and they come in red, blue, purple, orange, yellow, silver, and green. The new thinner design looks a lot like a big iPad.\nApple launches new iMac with new colors.Source: Apple Inc.\nApple says the volume of the computer has been reduced by 50%, resulting in a smaller computer that can fit on a desk more easily. It comes with a 24-inch built-in display and an improved camera that can record 1080p video in low light. Apple says the display runs at \"4.5K\" resolution.\nIt ships with a new magnetic power connector reminiscent of Apple's previous MagSafe laptop chargers and a slightly updated keyboard with an emoji key and a fingerprint sensor. Apple's mouses and keyboard come in the same colors as the new iMacs.\nThe entry-level model costs $1,299, and an upgraded version costs $1,499. The new iMacs will go up for preorder on April 30 and will ship in the second half of May, Apple said.\nApple's first iMacs, released 20 years ago, also came in different colors.\nSource: Apple Inc.\nThe Apple TV finally has a brand-new remoteApple Inc.\nApple is finally rolling out a new, redesigned remote for the Apple TV. It's made of aluminum and has dedicated buttons for navigating menus, which should solve some of the headaches caused by the earlier remote. It will ship in the second half of May with the new Apple TV 4K, which costs $179 or $199 depending on the model.\n— Jessica Bursztynsky\nApple updates Apple TV 4K box with new processor\nApple announced that its Apple TV 4K box has been updated with a new processor, and it will be able to handle high frame rate HDR video which will result in displaying smoother, more colorful sports events.\nIt will also include a new feature that will use the iPhone's camera to tune the TV's picture quality.\nIt also comes with a completely redesigned remote made of aluminum with physical buttons, instead of the old remote’s touchpad. It can also control your TV’s power. Instead of a touchpad, it has a wheel for controlling the display.\nIt starts at $179 for 32GB of storage. It goes up for preorder on April 30 and will start shipping in the second half of May, Apple said.— Kif Leswing\nApple announces long-expected lost-item tracker called AirTag\n\nApple announced AirTag, calling it an iPhone accessory, priced at $29 for one or $99 for four. It will be on store shelves on April 30.\nIt uses Apple technology called Find My, which uses a network of iPhones to find lost objects. It’s using a technique Apple calls “precision finding” that it says is privacy-sensitive.\nThis product has been the source of some scrutiny from lawmakers who have heard that Apple is privileging its own lost-item trackers over others’ using anticompetitive practices and access to the iPhone operating system. Find My opened to third-party accessory makers last month.— Kif Leswing\nApple introduces new iPhone 12 color: Purple\nApple launches a new purple color iPhone for Spring.Source: Apple\nIt goes up for preorder on Friday and will ship on April 30.— Kif Leswing\nApple launching podcast subscription service\nApple announced that it’s launching its podcast subscription service next month, putting itself up further against Spotify and other competitors in the audio streaming wars.\nThe company is also redesigning its Apple Podcast app.\n— Jessica Bursztynsky\nApple says that credit scores are unfair, expands Apple Card to kids over 13 years old\nCEO Tim Cook said Apple will allow partners and spouses to share a credit line on a credit card, allowing both people to build credit scores. It’s also introducing features for families and teenagers. Apple was notably under fire fromco-founder Steve Wozniakafter people discovered that sometimes spouses had different credit limits.— Kif Leswing\nApple CEO Tim Cook kicks off the event\nTim Cook, CEO of Apple, speaks during an Apple Event on April 20th, 2021.Source: Apple Inc.\nWalking around Apple Park, Apple’s campus in Cupertino, California, Apple CEO Tim Cook kicked off the event with factoids about Apple’s environmental efforts, saying that Apple is carbon-neutral and hopes to remove 1 million tons of carbon from the environment per year.— Kif Leswing\nOver 360,000 people livestreaming Apple launch on YouTube\nAs Apple’s event kicks off, YouTube shows more than 360,000 people are streaming it on that platform. Apple’s three launch events last fall each garnered millions of people watching live on YouTube. It’s also available streaming directly on Apple’s website, which isn’t counted in the YouTube numbers.— Kif Leswing\nData point: iPads have been on a hot streak\nVarious models of the Apple Inc. iPad at the company’s Yeouido store during its opening in Seoul, South Korea, on Friday, Feb. 26, 2021.Jean Chung | Bloomberg | Getty Images\nAs Apple prepares to potentially release new iPads, remember that the product has had a great pandemic:In the fourth calendar quarter of 2020, Apple shipped $8.44 billion in iPads — which was up 41% year over year.— Kif Leswing\nApple’s spring events are typically more muted than its fall launch extravaganzas\nApple is best known for its fall launch events, where it reveals new iPhones, but it’s no stranger to hosting somewhat lower-profile events in the spring.\nApple didn’t hold a spring event in 2020 due to the onset of the coronavirus pandemic and instead launched new iPads and other gadgets on its website. In 2019, Apple’s spring announcement focused on services such asApple TV+and theApple Card. But it also announced new iPads in 2018 during an education-focused event at a school in Chicago.\nLast fall, Apple broadcast three prerecorded product launch events in three months, each of which garnered millions of live viewers on YouTube.— Kif Leswing\nYes, the Apple online store is down. No, it’s not a problem, it’s a tradition.\nScreenshot/Apple.com\nOne of Apple’s silliest traditions is that on the morning of an event it pulls its online Apple store down, giving up a few hours of online sales in exchange for building hype over its new products. Apple has done this for years, and technology has certainly gotten to the point where Apple could update its store without downtime — it does it all the time — but why mess with a tradition?— Kif Leswing\nWhat’s at stake for Apple?\nI wrote yesterday about some of thetensions bubbling under the surface at Apple. Yes, this is just another product event, but there are a lot of headaches on the horizon that could threaten its growth, especially in the App Store.\nThere’s the war of words withFacebookover theimpending iOS privacy feature. There’s the upcoming trial with Epic Games that centers on Apple’s control of the App Store. And then there’s Apple’s dependence on China, which is an obvious target for Apple critics. (Just ask Peter Thiel.)\nRead all about it right here.\n— Steve Kovach\nCook gets ready to kick off the event\nAppleCEO Tim Cook is gearing up for Tuesday’s “Spring Loaded” event, where the company is expected to announce new iPads and potentially a handful of other products. “It’s a beautiful spring morning for an #AppleEvent! See you soon,” Cook tweeted.\n— Jessica Bursztynsky","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376278859,"gmtCreate":1619134822871,"gmtModify":1634288358805,"author":{"id":"3581743025693862","authorId":"3581743025693862","name":"19c4915a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581743025693862","authorIdStr":"3581743025693862"},"themes":[],"htmlText":"Government collecting back money ","listText":"Government collecting back money ","text":"Government collecting back money","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/376278859","repostId":"2129331568","repostType":4,"repost":{"id":"2129331568","kind":"highlight","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":1619132400,"share":"https://www.laohu8.com/m/news/2129331568?lang=&edition=full","pubTime":"2021-04-23 07:00","market":"hk","language":"en","title":"Biden has pledged to tax the rich -- but precisely how will he do that? Experts consider his options","url":"https://stock-news.laohu8.com/highlight/detail?id=2129331568","media":"Dow Jones","summary":"Biden could announce details on new taxes on the wealthy as soon as next week, observers said.If Pre","content":"<p>Biden could announce details on new taxes on the wealthy as soon as next week, observers said.</p><p>If President Joe Biden's campaign pledges to tax the rich were the coming attractions, we're about to arrive at the main event.</p><p>After unveiling a $2.3 trillion infrastructure spending proposal . The president is expected to fund the forthcoming plan with tax increases on wealthy households.The question is precisely which tax hikes will he propose? And what can he get through a Congress where Democrats have the barest of majorities -- <a href=\"https://laohu8.com/S/AONE\">one</a> where the president cannot afford any 'no' votes?</p><p>Biden could formally announce the plan as soon as April 28, commentators said. So far, the White House hasn't provided details. But White House Press Secretary Jen Psaki confirmed Biden would discuss the plan at a scheduled address to Congress next week.</p><p>Some specifics are starting to seep out, including a Bloomberg News report Thursday saying Biden will boost the capital gains rate tax to 39.6% for households earning at least $1 million, citing people familiar with the proposal. Coupled with an added 3.8% tax linked to the Affordable Care Act, that's a potential 43.4% rate.</p><p>When asked about the report on the potential capital gains rate hike, Psaki said she did not want to comment ahead of Biden's decisions.</p><p>All the stock market benchmarks began falling on the news, with the Dow Jones Industrial Average sliding 300 points the trading day down around 322 points, while the S&P 500 fell around 38 points and the Nasdaq Composite dropped 132 points.</p><p>As for Biden's other plans to tax the wealthy, observers said it was possible to make some educated guesses about which tax provisions are under consideration by reviewing Biden's stances during his run for president, when he said he wouldn't raise taxes on anyone making less than $400,000.</p><p><b>Reading the taxation 'tea leaves'</b></p><p>Experts also try reading the taxation \"tea leaves\" by looking at the people Biden has tapped to serve in his administration.</p><p>The rate for the top income tax bracket, new rules for estates and new tax treatment for the investment income of rich people are all likely in the mix, they say.</p><p>Some proposals could chart new terrain in the tax code, they note, while others may just quickly undo Trump-era tax rules that are set to elapse at the end of 2025. Either way, some array of increases is coming, they note.</p><p>\"At this point, taxes are not getting any lower,\" said David Kirk, a tax partner who leads Ernst & Young's Private Tax Group. \"They are only going to go up from here. The question is how?\"</p><p>The answers matter a lot for the Biden administration as it presses its policy agenda. It also matters for higher-income households as they determine tax planning, investment portfolio strategy and end-of-life matters.</p><p>Data on tax minimization strategies show wealthy taxpayers haven't been waiting.</p><p>Here's a look at some of the specific tax provisions that might be in play, and what's known and not known yet.</p><p><b>A new top tax rate</b></p><p>Candidate Biden didn't propose a wealth tax, but he did propose putting the top marginal rate at 39.6%. That's where it was before the 2017 Tax Cuts and Jobs Act lowered the rate to 37% (as well as lowering the rates on four other brackets down the income ladder).</p><p>Kirk, formerly an attorney in the Internal Revenue Service's Office of Chief Counsel, said the potential rate raise was \"relatively low hanging fruit\" for the administration.</p><p>Ed Mills, a Washington D.C. policy analyst at Raymond James, agreed the potential rate hike looked likely. \"The political sales point is, 'It's not necessarily raising those taxes, it's reverting taxes back to where they were before the Trump tax cuts,'\" he said.</p><p>One quirk is the top rate in 2021 applies to individuals making at least $523,601 a year or couples making $628,301 a year. So does Biden shuffle things so households making $400,000 now fall under the top rate instead of the second-highest 35% rate? \"Those are all political decisions\" still to come, Mills said.Tweaking the top rate could produce $100 billion in new tax revenue, according to a Tuesday note from Evercore ISI -- the investment banking advisory firm calls the change \"likely.\"</p><p><b>Revised estate taxes</b></p><p>The Tax Cuts and Jobs Act doubled the threshold where the 40% federal estate taxes kicked in. It previously was $5.49 million per person ($10.98 million for married couple) and this year is $11.58 million per person ($23.16 million for married couples). The number is indexed for inflation. Like the marginal rates, the 2017 law lets the estate tax exemptions expire after 2025.</p><p>But Biden may want to quicken the expiration date and, Kirk noted, he's brought on people who are keenly aware of estate-tax workings.</p><p>Lily Batchelder has been nominated as assistant secretary for tax policy in the Treasury Department, he noted. (The White House formally sent her nomination to the Senate last week.)</p><p>Batchelder previously taught at New York University's School of Law, where she estimated that federal estate taxes would rake in $16 billion last year, making for an effective estate tax rate around 2% .</p><p>\"Despite our founding vision as a land of opportunity, the United States ranks at or near the bottom among high-income countries in economic equality and intergenerational mobility. Our tax code plays a key role,\" Batchelder, also an Obama administration official, wrote last year.</p><p>If estate taxes are getting revised, <a href=\"https://laohu8.com/S/AONE.U\">one</a> question is where the exemption level is set and whether the rate stays at 40%.</p><p>Some estate tax changes are a \"done deal\" in the eyes of Professor Donald Williamson, executive director of American University's Kogod Tax Policy Center. \"Politically, it makes sense because average working Americans don't have estates to leave to their children,\" he said.</p><p>Approximately 4,100 estate-tax returns will be filed for people who died last year, according to projections .</p><p>An increase in estate tax also means the \"step up in basis\" is on the chopping block, Williamson said. This tax rule says if an heir sells inherited assets, the price appreciation -- and resulting capital gains tax -- starts from the time of inheritance, not when the asset was originally acquired.</p><p>If an asset like long-held shares in a blue-chip company keeps growing in value, that's a major shield against a major capital gains tax liability.</p><p>But there can be capital gains implications when businesses are sold or inherited -- and that's setting up battle lines.</p><p>\"Eliminating step-up in basis would require small business owners to pay a new tax when a family business partner dies, and potentially force them to sell their business just to pay the tax and associated fees,\" said Courtney Titus Brooks, senior manager of federal government relations at the National Federation of Independent Business, an advocacy organization for small businesses.</p><p>Biden's forthcoming proposal \"may include\" estate tax changes, which could generate $500 billion, and changes to the step-up in basis are \"very likely,\" Evercore ISI's note added.</p><p><b>New rules and rates for capital gains</b></p><p>Right now, the capital-gains rate for the richest taxpayers starts at 20%, though the rates may go higher depending on the assets being sold.</p><p>Candidate Biden has said he'd raise the capital gains rate to 39.6% for household making at least $1 million so that their investment income is taxed just like their ordinary income.</p><p>Income brackets and estate taxes are one thing, but changes to the capital gains rules could be a tougher effort, Kirk said. First off, he wondered, can Biden convince lawmakers to counter a century of tax law -- since the 1921 Revenue Act -- that has taxed long-term capital gains at a lower, preferential rate?</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>Biden has pledged to tax the rich -- but precisely how will he do that? Experts consider his options</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\">\nBiden has pledged to tax the rich -- but precisely how will he do that? Experts consider his options\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\">2021-04-23 07:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Biden could announce details on new taxes on the wealthy as soon as next week, observers said.</p><p>If President Joe Biden's campaign pledges to tax the rich were the coming attractions, we're about to arrive at the main event.</p><p>After unveiling a $2.3 trillion infrastructure spending proposal . The president is expected to fund the forthcoming plan with tax increases on wealthy households.The question is precisely which tax hikes will he propose? And what can he get through a Congress where Democrats have the barest of majorities -- <a href=\"https://laohu8.com/S/AONE\">one</a> where the president cannot afford any 'no' votes?</p><p>Biden could formally announce the plan as soon as April 28, commentators said. So far, the White House hasn't provided details. But White House Press Secretary Jen Psaki confirmed Biden would discuss the plan at a scheduled address to Congress next week.</p><p>Some specifics are starting to seep out, including a Bloomberg News report Thursday saying Biden will boost the capital gains rate tax to 39.6% for households earning at least $1 million, citing people familiar with the proposal. Coupled with an added 3.8% tax linked to the Affordable Care Act, that's a potential 43.4% rate.</p><p>When asked about the report on the potential capital gains rate hike, Psaki said she did not want to comment ahead of Biden's decisions.</p><p>All the stock market benchmarks began falling on the news, with the Dow Jones Industrial Average sliding 300 points the trading day down around 322 points, while the S&P 500 fell around 38 points and the Nasdaq Composite dropped 132 points.</p><p>As for Biden's other plans to tax the wealthy, observers said it was possible to make some educated guesses about which tax provisions are under consideration by reviewing Biden's stances during his run for president, when he said he wouldn't raise taxes on anyone making less than $400,000.</p><p><b>Reading the taxation 'tea leaves'</b></p><p>Experts also try reading the taxation \"tea leaves\" by looking at the people Biden has tapped to serve in his administration.</p><p>The rate for the top income tax bracket, new rules for estates and new tax treatment for the investment income of rich people are all likely in the mix, they say.</p><p>Some proposals could chart new terrain in the tax code, they note, while others may just quickly undo Trump-era tax rules that are set to elapse at the end of 2025. Either way, some array of increases is coming, they note.</p><p>\"At this point, taxes are not getting any lower,\" said David Kirk, a tax partner who leads Ernst & Young's Private Tax Group. \"They are only going to go up from here. The question is how?\"</p><p>The answers matter a lot for the Biden administration as it presses its policy agenda. It also matters for higher-income households as they determine tax planning, investment portfolio strategy and end-of-life matters.</p><p>Data on tax minimization strategies show wealthy taxpayers haven't been waiting.</p><p>Here's a look at some of the specific tax provisions that might be in play, and what's known and not known yet.</p><p><b>A new top tax rate</b></p><p>Candidate Biden didn't propose a wealth tax, but he did propose putting the top marginal rate at 39.6%. That's where it was before the 2017 Tax Cuts and Jobs Act lowered the rate to 37% (as well as lowering the rates on four other brackets down the income ladder).</p><p>Kirk, formerly an attorney in the Internal Revenue Service's Office of Chief Counsel, said the potential rate raise was \"relatively low hanging fruit\" for the administration.</p><p>Ed Mills, a Washington D.C. policy analyst at Raymond James, agreed the potential rate hike looked likely. \"The political sales point is, 'It's not necessarily raising those taxes, it's reverting taxes back to where they were before the Trump tax cuts,'\" he said.</p><p>One quirk is the top rate in 2021 applies to individuals making at least $523,601 a year or couples making $628,301 a year. So does Biden shuffle things so households making $400,000 now fall under the top rate instead of the second-highest 35% rate? \"Those are all political decisions\" still to come, Mills said.Tweaking the top rate could produce $100 billion in new tax revenue, according to a Tuesday note from Evercore ISI -- the investment banking advisory firm calls the change \"likely.\"</p><p><b>Revised estate taxes</b></p><p>The Tax Cuts and Jobs Act doubled the threshold where the 40% federal estate taxes kicked in. It previously was $5.49 million per person ($10.98 million for married couple) and this year is $11.58 million per person ($23.16 million for married couples). The number is indexed for inflation. Like the marginal rates, the 2017 law lets the estate tax exemptions expire after 2025.</p><p>But Biden may want to quicken the expiration date and, Kirk noted, he's brought on people who are keenly aware of estate-tax workings.</p><p>Lily Batchelder has been nominated as assistant secretary for tax policy in the Treasury Department, he noted. (The White House formally sent her nomination to the Senate last week.)</p><p>Batchelder previously taught at New York University's School of Law, where she estimated that federal estate taxes would rake in $16 billion last year, making for an effective estate tax rate around 2% .</p><p>\"Despite our founding vision as a land of opportunity, the United States ranks at or near the bottom among high-income countries in economic equality and intergenerational mobility. Our tax code plays a key role,\" Batchelder, also an Obama administration official, wrote last year.</p><p>If estate taxes are getting revised, <a href=\"https://laohu8.com/S/AONE.U\">one</a> question is where the exemption level is set and whether the rate stays at 40%.</p><p>Some estate tax changes are a \"done deal\" in the eyes of Professor Donald Williamson, executive director of American University's Kogod Tax Policy Center. \"Politically, it makes sense because average working Americans don't have estates to leave to their children,\" he said.</p><p>Approximately 4,100 estate-tax returns will be filed for people who died last year, according to projections .</p><p>An increase in estate tax also means the \"step up in basis\" is on the chopping block, Williamson said. This tax rule says if an heir sells inherited assets, the price appreciation -- and resulting capital gains tax -- starts from the time of inheritance, not when the asset was originally acquired.</p><p>If an asset like long-held shares in a blue-chip company keeps growing in value, that's a major shield against a major capital gains tax liability.</p><p>But there can be capital gains implications when businesses are sold or inherited -- and that's setting up battle lines.</p><p>\"Eliminating step-up in basis would require small business owners to pay a new tax when a family business partner dies, and potentially force them to sell their business just to pay the tax and associated fees,\" said Courtney Titus Brooks, senior manager of federal government relations at the National Federation of Independent Business, an advocacy organization for small businesses.</p><p>Biden's forthcoming proposal \"may include\" estate tax changes, which could generate $500 billion, and changes to the step-up in basis are \"very likely,\" Evercore ISI's note added.</p><p><b>New rules and rates for capital gains</b></p><p>Right now, the capital-gains rate for the richest taxpayers starts at 20%, though the rates may go higher depending on the assets being sold.</p><p>Candidate Biden has said he'd raise the capital gains rate to 39.6% for household making at least $1 million so that their investment income is taxed just like their ordinary income.</p><p>Income brackets and estate taxes are one thing, but changes to the capital gains rules could be a tougher effort, Kirk said. First off, he wondered, can Biden convince lawmakers to counter a century of tax law -- since the 1921 Revenue Act -- that has taxed long-term capital gains at a lower, preferential rate?</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129331568","content_text":"Biden could announce details on new taxes on the wealthy as soon as next week, observers said.If President Joe Biden's campaign pledges to tax the rich were the coming attractions, we're about to arrive at the main event.After unveiling a $2.3 trillion infrastructure spending proposal . The president is expected to fund the forthcoming plan with tax increases on wealthy households.The question is precisely which tax hikes will he propose? And what can he get through a Congress where Democrats have the barest of majorities -- one where the president cannot afford any 'no' votes?Biden could formally announce the plan as soon as April 28, commentators said. So far, the White House hasn't provided details. But White House Press Secretary Jen Psaki confirmed Biden would discuss the plan at a scheduled address to Congress next week.Some specifics are starting to seep out, including a Bloomberg News report Thursday saying Biden will boost the capital gains rate tax to 39.6% for households earning at least $1 million, citing people familiar with the proposal. Coupled with an added 3.8% tax linked to the Affordable Care Act, that's a potential 43.4% rate.When asked about the report on the potential capital gains rate hike, Psaki said she did not want to comment ahead of Biden's decisions.All the stock market benchmarks began falling on the news, with the Dow Jones Industrial Average sliding 300 points the trading day down around 322 points, while the S&P 500 fell around 38 points and the Nasdaq Composite dropped 132 points.As for Biden's other plans to tax the wealthy, observers said it was possible to make some educated guesses about which tax provisions are under consideration by reviewing Biden's stances during his run for president, when he said he wouldn't raise taxes on anyone making less than $400,000.Reading the taxation 'tea leaves'Experts also try reading the taxation \"tea leaves\" by looking at the people Biden has tapped to serve in his administration.The rate for the top income tax bracket, new rules for estates and new tax treatment for the investment income of rich people are all likely in the mix, they say.Some proposals could chart new terrain in the tax code, they note, while others may just quickly undo Trump-era tax rules that are set to elapse at the end of 2025. Either way, some array of increases is coming, they note.\"At this point, taxes are not getting any lower,\" said David Kirk, a tax partner who leads Ernst & Young's Private Tax Group. \"They are only going to go up from here. The question is how?\"The answers matter a lot for the Biden administration as it presses its policy agenda. It also matters for higher-income households as they determine tax planning, investment portfolio strategy and end-of-life matters.Data on tax minimization strategies show wealthy taxpayers haven't been waiting.Here's a look at some of the specific tax provisions that might be in play, and what's known and not known yet.A new top tax rateCandidate Biden didn't propose a wealth tax, but he did propose putting the top marginal rate at 39.6%. That's where it was before the 2017 Tax Cuts and Jobs Act lowered the rate to 37% (as well as lowering the rates on four other brackets down the income ladder).Kirk, formerly an attorney in the Internal Revenue Service's Office of Chief Counsel, said the potential rate raise was \"relatively low hanging fruit\" for the administration.Ed Mills, a Washington D.C. policy analyst at Raymond James, agreed the potential rate hike looked likely. \"The political sales point is, 'It's not necessarily raising those taxes, it's reverting taxes back to where they were before the Trump tax cuts,'\" he said.One quirk is the top rate in 2021 applies to individuals making at least $523,601 a year or couples making $628,301 a year. So does Biden shuffle things so households making $400,000 now fall under the top rate instead of the second-highest 35% rate? \"Those are all political decisions\" still to come, Mills said.Tweaking the top rate could produce $100 billion in new tax revenue, according to a Tuesday note from Evercore ISI -- the investment banking advisory firm calls the change \"likely.\"Revised estate taxesThe Tax Cuts and Jobs Act doubled the threshold where the 40% federal estate taxes kicked in. It previously was $5.49 million per person ($10.98 million for married couple) and this year is $11.58 million per person ($23.16 million for married couples). The number is indexed for inflation. Like the marginal rates, the 2017 law lets the estate tax exemptions expire after 2025.But Biden may want to quicken the expiration date and, Kirk noted, he's brought on people who are keenly aware of estate-tax workings.Lily Batchelder has been nominated as assistant secretary for tax policy in the Treasury Department, he noted. (The White House formally sent her nomination to the Senate last week.)Batchelder previously taught at New York University's School of Law, where she estimated that federal estate taxes would rake in $16 billion last year, making for an effective estate tax rate around 2% .\"Despite our founding vision as a land of opportunity, the United States ranks at or near the bottom among high-income countries in economic equality and intergenerational mobility. Our tax code plays a key role,\" Batchelder, also an Obama administration official, wrote last year.If estate taxes are getting revised, one question is where the exemption level is set and whether the rate stays at 40%.Some estate tax changes are a \"done deal\" in the eyes of Professor Donald Williamson, executive director of American University's Kogod Tax Policy Center. \"Politically, it makes sense because average working Americans don't have estates to leave to their children,\" he said.Approximately 4,100 estate-tax returns will be filed for people who died last year, according to projections .An increase in estate tax also means the \"step up in basis\" is on the chopping block, Williamson said. This tax rule says if an heir sells inherited assets, the price appreciation -- and resulting capital gains tax -- starts from the time of inheritance, not when the asset was originally acquired.If an asset like long-held shares in a blue-chip company keeps growing in value, that's a major shield against a major capital gains tax liability.But there can be capital gains implications when businesses are sold or inherited -- and that's setting up battle lines.\"Eliminating step-up in basis would require small business owners to pay a new tax when a family business partner dies, and potentially force them to sell their business just to pay the tax and associated fees,\" said Courtney Titus Brooks, senior manager of federal government relations at the National Federation of Independent Business, an advocacy organization for small businesses.Biden's forthcoming proposal \"may include\" estate tax changes, which could generate $500 billion, and changes to the step-up in basis are \"very likely,\" Evercore ISI's note added.New rules and rates for capital gainsRight now, the capital-gains rate for the richest taxpayers starts at 20%, though the rates may go higher depending on the assets being sold.Candidate Biden has said he'd raise the capital gains rate to 39.6% for household making at least $1 million so that their investment income is taxed just like their ordinary income.Income brackets and estate taxes are one thing, but changes to the capital gains rules could be a tougher effort, Kirk said. First off, he wondered, can Biden convince lawmakers to counter a century of tax law -- since the 1921 Revenue Act -- that has taxed long-term capital gains at a lower, preferential rate?","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371077995,"gmtCreate":1618897417417,"gmtModify":1634290050986,"author":{"id":"3581743025693862","authorId":"3581743025693862","name":"19c4915a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581743025693862","authorIdStr":"3581743025693862"},"themes":[],"htmlText":"Still worth buying? Thanks ","listText":"Still worth buying? Thanks ","text":"Still worth buying? Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371077995","repostId":"1175524598","repostType":4,"repost":{"id":"1175524598","kind":"news","pubTimestamp":1618895037,"share":"https://www.laohu8.com/m/news/1175524598?lang=&edition=full","pubTime":"2021-04-20 13:03","market":"hk","language":"en","title":"Baidu Stock: 3 Reasons To Stay Away","url":"https://stock-news.laohu8.com/highlight/detail?id=1175524598","media":"InvestorPlace","summary":"The regulatory issues continue to be a problem.\n\nAlong with various other large Chinese tech compani","content":"<blockquote>\n The regulatory issues continue to be a problem.\n</blockquote>\n<p>Along with various other large Chinese tech companies,<b>Baidu</b>(NASDAQ:<b><u>BIDU</u></b>) stock started an impressive rally in November. The shares would go from $136 to $354 in mid-March.</p>\n<p>But since then, things have not gone so well. Note that BIDU stock is now fetching $216 and the market capitalization is $73 billion.</p>\n<p>Of course, Wall Street has been rotating away from growth stocks to cyclicals and travel companies, as the novel corona virus has begun to fade away. It is far from clear how long this move will last.</p>\n<p>However, as for Baidu, the fundamentals have certainly been improving. There has also been encouraging traction with its efforts with cloud computing and AI (Artificial Intelligence) and ML (Machine Learning). In the meantime, the company has looked for ways to enhance the stock price, such as with an increase in the buyback program.</p>\n<p>But despite all this, I actually think investors should be wary on BIDU stock. Why so? Well, here are some risk factors that can mean further selling:</p>\n<p><b>Competition</b></p>\n<p>The traditional key-word search business has remained quite robust over the past two decades. But the market is starting to change. There has been the emergence of video content, which has become a form of search. Oh, and even audio is becoming a factor. This has been the case with the huge success of Clubhouse as well as with AI assistants, like<b>Apple’s</b>(NASDAQ:<b><u>AAPL</u></b>) Siri and<b>Amazon’s</b>(NASDAQ:<b><u>AMZN</u></b>) Alexa.</p>\n<p>In such an environment, it can be tough for a legacy company like Baidu to remain competitive and relevant. Now it has been investing in building video platforms like<b>IQIYI</b>(NASDAQ:<b><u>IQ</u></b>). Yet this business has been under pressure. In the latest quarter, therevenues dropped by 1% to $1.1 billion and there was a net loss of $237.2 million.</p>\n<p>Another issue for BIDU stock is<b>Tencent Holdings’</b>(OTCMKTS:<b><u>TCEHY</u></b>) WeChat. This platform – which has over 1.1 billion users – has become a core way for people to engage in a myriad of activities like e-commerce, ride hailing, video calling and so on.</p>\n<p><b>The AI Play</b></p>\n<p>It’s true that Baidu has built an impressive set of AI technologies. This has been a part of significant investment in R&D.</p>\n<p>For example, the company’s DuerOS smart assistantlogged 6.2 billion MAU (Monthly Active User) queries, up 66% on a year-over-year basis. The system provides more than 4,400 skills and has a developer community of about 47,000.</p>\n<p>As for the autonomous technology, Baidu has certainly made progress. The Apollo Self Driving (ASD) system was able to snag partnerships with ten local and multinational automakers. The applications are for areas like automated parking, and high-definition maps.</p>\n<p>However, investors should temper their expectations. The reality is that self-driving technology has proven extremely complicated and the adoption has been slow. In other words, monetization will likely take time to hit critical mass.</p>\n<p><b>Regulatory Issues for BIDU Stock</b></p>\n<p>In the waning days of the Trump Administration, there were rules adopted to delist Chinese stocks if certain audit standards were not maintained. And yes, there aresigns that the SEC (Securities and Exchange Commission) may carry this out. For the most part, the Biden Administration is no fan of China either.</p>\n<p>So if there is a delisting of BIDU stock, this would mean much less liquidity and transparency. These are certainly major risk factors.</p>\n<p>But there is something else investors need to be concerned about: China’s own regulatory moves. It appears that President Xi is getting more intrusive with big tech, as seen with the moves against<b>Alibaba</b>(NYSE:<b><u>BABA</u></b>). All in all, this may ultimately result in new restrictions on Chinese companies that could hamper growth and profitability.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baidu Stock: 3 Reasons To Stay Away</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\">\nBaidu Stock: 3 Reasons To Stay Away\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 13:03 GMT+8 <a href=https://investorplace.com/2021/04/baidu-stock-3-reasons-to-stay-away/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The regulatory issues continue to be a problem.\n\nAlong with various other large Chinese tech companies,Baidu(NASDAQ:BIDU) stock started an impressive rally in November. The shares would go from $136 ...</p>\n\n<a href=\"https://investorplace.com/2021/04/baidu-stock-3-reasons-to-stay-away/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09888":"百度集团-SW","BIDU":"百度"},"source_url":"https://investorplace.com/2021/04/baidu-stock-3-reasons-to-stay-away/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175524598","content_text":"The regulatory issues continue to be a problem.\n\nAlong with various other large Chinese tech companies,Baidu(NASDAQ:BIDU) stock started an impressive rally in November. The shares would go from $136 to $354 in mid-March.\nBut since then, things have not gone so well. Note that BIDU stock is now fetching $216 and the market capitalization is $73 billion.\nOf course, Wall Street has been rotating away from growth stocks to cyclicals and travel companies, as the novel corona virus has begun to fade away. It is far from clear how long this move will last.\nHowever, as for Baidu, the fundamentals have certainly been improving. There has also been encouraging traction with its efforts with cloud computing and AI (Artificial Intelligence) and ML (Machine Learning). In the meantime, the company has looked for ways to enhance the stock price, such as with an increase in the buyback program.\nBut despite all this, I actually think investors should be wary on BIDU stock. Why so? Well, here are some risk factors that can mean further selling:\nCompetition\nThe traditional key-word search business has remained quite robust over the past two decades. But the market is starting to change. There has been the emergence of video content, which has become a form of search. Oh, and even audio is becoming a factor. This has been the case with the huge success of Clubhouse as well as with AI assistants, likeApple’s(NASDAQ:AAPL) Siri andAmazon’s(NASDAQ:AMZN) Alexa.\nIn such an environment, it can be tough for a legacy company like Baidu to remain competitive and relevant. Now it has been investing in building video platforms likeIQIYI(NASDAQ:IQ). Yet this business has been under pressure. In the latest quarter, therevenues dropped by 1% to $1.1 billion and there was a net loss of $237.2 million.\nAnother issue for BIDU stock isTencent Holdings’(OTCMKTS:TCEHY) WeChat. This platform – which has over 1.1 billion users – has become a core way for people to engage in a myriad of activities like e-commerce, ride hailing, video calling and so on.\nThe AI Play\nIt’s true that Baidu has built an impressive set of AI technologies. This has been a part of significant investment in R&D.\nFor example, the company’s DuerOS smart assistantlogged 6.2 billion MAU (Monthly Active User) queries, up 66% on a year-over-year basis. The system provides more than 4,400 skills and has a developer community of about 47,000.\nAs for the autonomous technology, Baidu has certainly made progress. The Apollo Self Driving (ASD) system was able to snag partnerships with ten local and multinational automakers. The applications are for areas like automated parking, and high-definition maps.\nHowever, investors should temper their expectations. The reality is that self-driving technology has proven extremely complicated and the adoption has been slow. In other words, monetization will likely take time to hit critical mass.\nRegulatory Issues for BIDU Stock\nIn the waning days of the Trump Administration, there were rules adopted to delist Chinese stocks if certain audit standards were not maintained. And yes, there aresigns that the SEC (Securities and Exchange Commission) may carry this out. For the most part, the Biden Administration is no fan of China either.\nSo if there is a delisting of BIDU stock, this would mean much less liquidity and transparency. These are certainly major risk factors.\nBut there is something else investors need to be concerned about: China’s own regulatory moves. It appears that President Xi is getting more intrusive with big tech, as seen with the moves againstAlibaba(NYSE:BABA). All in all, this may ultimately result in new restrictions on Chinese companies that could hamper growth and profitability.","news_type":1},"isVote":1,"tweetType":1,"viewCount":417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371074268,"gmtCreate":1618897370654,"gmtModify":1634290051570,"author":{"id":"3581743025693862","authorId":"3581743025693862","name":"19c4915a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581743025693862","authorIdStr":"3581743025693862"},"themes":[],"htmlText":"Now is it worth to buy?","listText":"Now is it worth to buy?","text":"Now is it worth to buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371074268","repostId":"1125387983","repostType":4,"repost":{"id":"1125387983","kind":"news","pubTimestamp":1618894905,"share":"https://www.laohu8.com/m/news/1125387983?lang=&edition=full","pubTime":"2021-04-20 13:01","market":"us","language":"en","title":"AMC Stock: 3 Reasons to Stay Away Despite Recent 9% Uptick","url":"https://stock-news.laohu8.com/highlight/detail?id=1125387983","media":"InvestorPlace","summary":"Management will ask stockholders to greenlight the issue of 500 million new shares in early May.\n\nTh","content":"<blockquote>\n Management will ask stockholders to greenlight the issue of 500 million new shares in early May.\n</blockquote>\n<p>There is never a dull moment when tracking meme stocks. And now one of the most prominent ones,<b>AMC</b>(NYSE:<b><u>AMC</u></b>), is in trouble yet again. In aninterviewwith social-media finance commentator Trey Collins, CEO Adam Aron said short sellers are encircling AMC stock.</p>\n<p>This marks yet another twist in a gripping story that continues to add chapters with every passing day. For all intents and purposes, the movie-theater chain was staring down the barrel when<b>Reddit</b>investors rescued the company from the depths of bankruptcy.</p>\n<p>Since that time, it has chosen to make hay while the sun shines, raising a substantial amount of cash through equity issues. However, even before the novel coronavirus pandemic struck, AMC was suffering.</p>\n<p>That’s because there has been a substantial shift in how Americans watch movies. Box office sales reached their high in 2002 at1.58 billion tickets, eventually dropping 22% to 1.23 billion tickets by 2019. Simultaneously, we saw an increasing shift towards home viewing, helped greatly by the emergence of streaming companies.</p>\n<p>And then Covid-19 hit the industry like a ton of bricks.</p>\n<p>Movie-theater chains<b>Arclight Cinemas</b>and<b>Pacific Theaters</b>have alreadyshuttered their doorspermanently. Others are massively restructuring their operations to survive this crisis.</p>\n<p>Hence, it’s understandable why Aron praised retail investors in his recent discussion — the subreddit r/WallStreetBets essentially bailed out the company, punishing short sellers in the process. But financial realities will eventually push the stock close to its 52-week low of $1.91 per share. I’m afraid the show’s over for AMC stock.</p>\n<p><b>Share Dilution Will Continue to Hurt AMC Stock</b></p>\n<p>AMC is paying the price of survival and it’s a steep one. At the end of 2019, AMC had nearly 104 million shares. As I write this, the movie-chain operator now has some 450 million shares. That’s about a 333% rise in a year.</p>\n<p>Now, I get it. AMC needs money to survive this pandemic and beyond. Movie theaters will need several business cycles to get back on their feet.</p>\n<p>True,about 25% of the U.S. populationhas been fully vaccinated as of today. However, it will take time for movie-ticket sales to return to pre-pandemic levels. In the meantime, AMC still needs money to survive.</p>\n<p>As such, on May 4, the company is set to host its annual meeting and ask stockholders to greenlight the issue of another 500 million new shares. Aron has said that AMC will not issue any new stock this year, an announcement that pushed shares up 9%.</p>\n<p>Nevertheless, the writing is on the wall. If you remain committed to AMC stock, dilution is something that you will have to bear for the foreseeable future.</p>\n<p><b>Fundamentals Have Been Sliding For a While</b></p>\n<p>Although the pandemic has devastated movie-theater chains, the slowdown in ticket sales is a secular trend, as we touched upon earlier. In fiscal 2019, the movie-theater chain reported a net loss of $13.5 million, compared to net income of $170.6 million in the year-before quarter. Bear in mind that these figures are from before the pandemic.</p>\n<p>On top of that, out of the last eight quarters,the company has reported an earnings beat just onceaccording to <i>CNBC</i>data. Meanwhile, operating costs are ballooning. As my colleague Vandita Jadejahighlighted in her recent AMC piece, despite the top-line falling by over 75%, operating costs did not fall by as much.</p>\n<p>This all leaves the company vulnerable to further dilution and expensive debt raises. It’s a clear red flag for AMC stock investors that are looking for management to take more of a proactive approach with this crisis.</p>\n<p><b>Evolution Has Just Passed You By</b></p>\n<p>Even if AMC survives this crisis — which by most measures it should — it still operates a largely outdated business model.</p>\n<p>Streaming is all the rage these days.<b>Netflix</b>(NASDAQ:<b><u>NFLX</u></b>),<b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>),<b>Disney</b>(NYSE:<b><u>DIS</u></b>) and<b>AT&T</b>(NYSE:<b><u>T</u></b>) are firmly entrenched in the streaming wars, pouring billions into original content. As of Q4 2020, Netflix is in first place withover 200 million paid subscribersworldwide, but others are catching up as well and using some pretty innovative techniques.</p>\n<p>Late last year, Warner Bros. announced it woulddebut all of its 2021 movies in theaters and on HBO Max simultaneouslyin the United States. Meanwhile, Netflix is set to release a new movie every week in 2021.</p>\n<p>Against this backdrop, AMC and other movie-theater chains are left to fend for themselves as streaming companies compete for attention.</p>\n<p><img src=\"https://static.tigerbbs.com/72e23fe7ed32e5b689a35813204c6b0d\" tg-width=\"908\" tg-height=\"376\">And even if these announcements did not take place, the writing has been on the wall for a while. Its pretty evident when you pit AMC stock’s performance against the<b>S&P 500</b>that the company has been fighting a losing battle.</p>\n<p><b>Final Words on AMC</b></p>\n<p>I get the feeling that AMC is on its greatest-hits tour. Yes, you might want to invest in AMC stock out of a sense of nostalgia. But in my opinion, the company’s best days are behind it.</p>\n<p>Looking ahead, 5G, artificial intelligence, data analytics and the Internet of Things (IoT) are some of the subjects you need to get behind instead. These areas will be the biggest source of future growth and profitability moving forward.</p>\n<p>Basically, the credits are beginning to roll for AMC.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Stock: 3 Reasons to Stay Away Despite Recent 9% Uptick</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\">\nAMC Stock: 3 Reasons to Stay Away Despite Recent 9% Uptick\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 13:01 GMT+8 <a href=https://investorplace.com/2021/04/amc-stock-three-reasons-stay-away-despite-recent-uptick/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Management will ask stockholders to greenlight the issue of 500 million new shares in early May.\n\nThere is never a dull moment when tracking meme stocks. And now one of the most prominent ones,AMC(...</p>\n\n<a href=\"https://investorplace.com/2021/04/amc-stock-three-reasons-stay-away-despite-recent-uptick/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://investorplace.com/2021/04/amc-stock-three-reasons-stay-away-despite-recent-uptick/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125387983","content_text":"Management will ask stockholders to greenlight the issue of 500 million new shares in early May.\n\nThere is never a dull moment when tracking meme stocks. And now one of the most prominent ones,AMC(NYSE:AMC), is in trouble yet again. In aninterviewwith social-media finance commentator Trey Collins, CEO Adam Aron said short sellers are encircling AMC stock.\nThis marks yet another twist in a gripping story that continues to add chapters with every passing day. For all intents and purposes, the movie-theater chain was staring down the barrel whenRedditinvestors rescued the company from the depths of bankruptcy.\nSince that time, it has chosen to make hay while the sun shines, raising a substantial amount of cash through equity issues. However, even before the novel coronavirus pandemic struck, AMC was suffering.\nThat’s because there has been a substantial shift in how Americans watch movies. Box office sales reached their high in 2002 at1.58 billion tickets, eventually dropping 22% to 1.23 billion tickets by 2019. Simultaneously, we saw an increasing shift towards home viewing, helped greatly by the emergence of streaming companies.\nAnd then Covid-19 hit the industry like a ton of bricks.\nMovie-theater chainsArclight CinemasandPacific Theatershave alreadyshuttered their doorspermanently. Others are massively restructuring their operations to survive this crisis.\nHence, it’s understandable why Aron praised retail investors in his recent discussion — the subreddit r/WallStreetBets essentially bailed out the company, punishing short sellers in the process. But financial realities will eventually push the stock close to its 52-week low of $1.91 per share. I’m afraid the show’s over for AMC stock.\nShare Dilution Will Continue to Hurt AMC Stock\nAMC is paying the price of survival and it’s a steep one. At the end of 2019, AMC had nearly 104 million shares. As I write this, the movie-chain operator now has some 450 million shares. That’s about a 333% rise in a year.\nNow, I get it. AMC needs money to survive this pandemic and beyond. Movie theaters will need several business cycles to get back on their feet.\nTrue,about 25% of the U.S. populationhas been fully vaccinated as of today. However, it will take time for movie-ticket sales to return to pre-pandemic levels. In the meantime, AMC still needs money to survive.\nAs such, on May 4, the company is set to host its annual meeting and ask stockholders to greenlight the issue of another 500 million new shares. Aron has said that AMC will not issue any new stock this year, an announcement that pushed shares up 9%.\nNevertheless, the writing is on the wall. If you remain committed to AMC stock, dilution is something that you will have to bear for the foreseeable future.\nFundamentals Have Been Sliding For a While\nAlthough the pandemic has devastated movie-theater chains, the slowdown in ticket sales is a secular trend, as we touched upon earlier. In fiscal 2019, the movie-theater chain reported a net loss of $13.5 million, compared to net income of $170.6 million in the year-before quarter. Bear in mind that these figures are from before the pandemic.\nOn top of that, out of the last eight quarters,the company has reported an earnings beat just onceaccording to CNBCdata. Meanwhile, operating costs are ballooning. As my colleague Vandita Jadejahighlighted in her recent AMC piece, despite the top-line falling by over 75%, operating costs did not fall by as much.\nThis all leaves the company vulnerable to further dilution and expensive debt raises. It’s a clear red flag for AMC stock investors that are looking for management to take more of a proactive approach with this crisis.\nEvolution Has Just Passed You By\nEven if AMC survives this crisis — which by most measures it should — it still operates a largely outdated business model.\nStreaming is all the rage these days.Netflix(NASDAQ:NFLX),Amazon(NASDAQ:AMZN),Disney(NYSE:DIS) andAT&T(NYSE:T) are firmly entrenched in the streaming wars, pouring billions into original content. As of Q4 2020, Netflix is in first place withover 200 million paid subscribersworldwide, but others are catching up as well and using some pretty innovative techniques.\nLate last year, Warner Bros. announced it woulddebut all of its 2021 movies in theaters and on HBO Max simultaneouslyin the United States. Meanwhile, Netflix is set to release a new movie every week in 2021.\nAgainst this backdrop, AMC and other movie-theater chains are left to fend for themselves as streaming companies compete for attention.\nAnd even if these announcements did not take place, the writing has been on the wall for a while. Its pretty evident when you pit AMC stock’s performance against theS&P 500that the company has been fighting a losing battle.\nFinal Words on AMC\nI get the feeling that AMC is on its greatest-hits tour. Yes, you might want to invest in AMC stock out of a sense of nostalgia. But in my opinion, the company’s best days are behind it.\nLooking ahead, 5G, artificial intelligence, data analytics and the Internet of Things (IoT) are some of the subjects you need to get behind instead. These areas will be the biggest source of future growth and profitability moving forward.\nBasically, the credits are beginning to roll for AMC.","news_type":1},"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371036141,"gmtCreate":1618890855283,"gmtModify":1631884329468,"author":{"id":"3581743025693862","authorId":"3581743025693862","name":"19c4915a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581743025693862","authorIdStr":"3581743025693862"},"themes":[],"htmlText":"Hope for the best ","listText":"Hope for the best ","text":"Hope for the best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371036141","repostId":"2128689062","repostType":4,"repost":{"id":"2128689062","kind":"highlight","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":1618862511,"share":"https://www.laohu8.com/m/news/2128689062?lang=&edition=full","pubTime":"2021-04-20 04:01","market":"us","language":"en","title":"Wall Street slips off record highs, Tesla drops after fatal crash","url":"https://stock-news.laohu8.com/highlight/detail?id=2128689062","media":"Reuters","summary":"Tesla falls after fatal crash, bitcoin slumpsGameStop shares jump as CEO exitsCoca-Cola rises as revenue beats estimates. NEW YORK, April 19 - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Satu","content":"<ul><li>Tesla falls after fatal crash, bitcoin slumps</li><li>GameStop shares jump as CEO exits</li><li>Coca-Cola rises as revenue beats estimates</li></ul><p>NEW YORK, April 19 (Reuters) - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.</p><p>The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Saturday north of Houston, killing two occupants.</p><p>The stock was the biggest drag on the S&P 500 and Nasdaq Composite Index . An 8.4% drop over the weekend in bitcoin , in which Tesla has an investment, also weighed on its share price.</p><p>The S&P 500 was mostly lower, with Microsoft Corp , Amazon.com Inc and Nvidia Corp also weighing on the benchmark index as analysts await results this week and next that form the bulk of earnings season.</p><p>Corporate outlooks should indicate to what degree the rally from last year's lows can continue. Analysts expect first-quarter earnings to have grown 30.9% from a year ago, according to Refinitiv IBES data.</p><p>The U.S. economy is poised to boom as consumers hold $2 trillion in savings in excess of what they held before the pandemic, said Doug Peta, chief U.S. investment strategist at BCA Research, adding markets are in pause mode.</p><p>\"If indeed we do keep grinding higher that would be healthy, that would suggest that the grinding higher is sustainable,\" Peta said. \"The pullbacks along the way are healthy.\"</p><p>Nvidia fell after the UK government said it would look into the national security implications of Nvidia's purchase of British chip designer <a href=\"https://laohu8.com/S/ARMH\">ARM Holdings</a>, raising a question mark over the $40 billion deal.</p><p>Coca-Cola Co rose after the beverage maker trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollouts.</p><p>International Business Machines Corp , another blue-chip company, slipped ahead of its results due after the market close.</p><p>\"The market has had a huge jump to the upside so it needs to take a little bit of rest,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>\"For now it's just a little bit of profit taking as traders await results from big tech names on Wall Street.\"</p><p>Unofficially, the Dow Jones Industrial Average fell 0.35% to end at 34,082.44 points, while the S&P 500 lost 0.52% to 4,163.64.</p><p>The Nasdaq Composite dropped 0.98% to 13,914.77.</p><p>A recent retreat in benchmark 10-year Treasury yields from 14-month highs has helped high-flying technology stocks to rebound, while strong economic data has lifted the S&P 500 and the Dow to record levels.</p><p>The S&P 500 has gained the past four weeks, its longest winning streak since August 2020.</p><p>GameStop Corp jumped on the announcement of its chief executive's resignation.</p><p>Crypto stocks including miners Riot Blockchain and Marathon Digital each slumped as bitcoin took a hammering.</p><p>Harley-Davidson Inc jumped after the motorcycle maker raised it full-year forecast for sales growth.</p><p>(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Shounak Dasgupta, Bernard Orr and Richard Chang)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street slips off record highs, Tesla drops after fatal crash</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street slips off record highs, Tesla drops after fatal crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-20 04:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Tesla falls after fatal crash, bitcoin slumps</li><li>GameStop shares jump as CEO exits</li><li>Coca-Cola rises as revenue beats estimates</li></ul><p>NEW YORK, April 19 (Reuters) - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.</p><p>The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Saturday north of Houston, killing two occupants.</p><p>The stock was the biggest drag on the S&P 500 and Nasdaq Composite Index . An 8.4% drop over the weekend in bitcoin , in which Tesla has an investment, also weighed on its share price.</p><p>The S&P 500 was mostly lower, with Microsoft Corp , Amazon.com Inc and Nvidia Corp also weighing on the benchmark index as analysts await results this week and next that form the bulk of earnings season.</p><p>Corporate outlooks should indicate to what degree the rally from last year's lows can continue. Analysts expect first-quarter earnings to have grown 30.9% from a year ago, according to Refinitiv IBES data.</p><p>The U.S. economy is poised to boom as consumers hold $2 trillion in savings in excess of what they held before the pandemic, said Doug Peta, chief U.S. investment strategist at BCA Research, adding markets are in pause mode.</p><p>\"If indeed we do keep grinding higher that would be healthy, that would suggest that the grinding higher is sustainable,\" Peta said. \"The pullbacks along the way are healthy.\"</p><p>Nvidia fell after the UK government said it would look into the national security implications of Nvidia's purchase of British chip designer <a href=\"https://laohu8.com/S/ARMH\">ARM Holdings</a>, raising a question mark over the $40 billion deal.</p><p>Coca-Cola Co rose after the beverage maker trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollouts.</p><p>International Business Machines Corp , another blue-chip company, slipped ahead of its results due after the market close.</p><p>\"The market has had a huge jump to the upside so it needs to take a little bit of rest,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>\"For now it's just a little bit of profit taking as traders await results from big tech names on Wall Street.\"</p><p>Unofficially, the Dow Jones Industrial Average fell 0.35% to end at 34,082.44 points, while the S&P 500 lost 0.52% to 4,163.64.</p><p>The Nasdaq Composite dropped 0.98% to 13,914.77.</p><p>A recent retreat in benchmark 10-year Treasury yields from 14-month highs has helped high-flying technology stocks to rebound, while strong economic data has lifted the S&P 500 and the Dow to record levels.</p><p>The S&P 500 has gained the past four weeks, its longest winning streak since August 2020.</p><p>GameStop Corp jumped on the announcement of its chief executive's resignation.</p><p>Crypto stocks including miners Riot Blockchain and Marathon Digital each slumped as bitcoin took a hammering.</p><p>Harley-Davidson Inc jumped after the motorcycle maker raised it full-year forecast for sales growth.</p><p>(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Shounak Dasgupta, Bernard Orr and Richard Chang)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","GME":"游戏驿站","AMZN":"亚马逊","NVDA":"英伟达","HON":"霍尼韦尔","HOG":"哈雷戴维森","RIOT":"Riot Platforms","SLB":"斯伦贝谢","MSFT":"微软",".SPX":"S&P 500 Index","MARA":"MARA Holdings","IBM":"IBM","TSLA":"特斯拉","NFLX":"奈飞","INTC":"英特尔","KO":"可口可乐","JNJ":"强生",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128689062","content_text":"Tesla falls after fatal crash, bitcoin slumpsGameStop shares jump as CEO exitsCoca-Cola rises as revenue beats estimatesNEW YORK, April 19 (Reuters) - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Saturday north of Houston, killing two occupants.The stock was the biggest drag on the S&P 500 and Nasdaq Composite Index . An 8.4% drop over the weekend in bitcoin , in which Tesla has an investment, also weighed on its share price.The S&P 500 was mostly lower, with Microsoft Corp , Amazon.com Inc and Nvidia Corp also weighing on the benchmark index as analysts await results this week and next that form the bulk of earnings season.Corporate outlooks should indicate to what degree the rally from last year's lows can continue. Analysts expect first-quarter earnings to have grown 30.9% from a year ago, according to Refinitiv IBES data.The U.S. economy is poised to boom as consumers hold $2 trillion in savings in excess of what they held before the pandemic, said Doug Peta, chief U.S. investment strategist at BCA Research, adding markets are in pause mode.\"If indeed we do keep grinding higher that would be healthy, that would suggest that the grinding higher is sustainable,\" Peta said. \"The pullbacks along the way are healthy.\"Nvidia fell after the UK government said it would look into the national security implications of Nvidia's purchase of British chip designer ARM Holdings, raising a question mark over the $40 billion deal.Coca-Cola Co rose after the beverage maker trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollouts.International Business Machines Corp , another blue-chip company, slipped ahead of its results due after the market close.\"The market has had a huge jump to the upside so it needs to take a little bit of rest,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.\"For now it's just a little bit of profit taking as traders await results from big tech names on Wall Street.\"Unofficially, the Dow Jones Industrial Average fell 0.35% to end at 34,082.44 points, while the S&P 500 lost 0.52% to 4,163.64.The Nasdaq Composite dropped 0.98% to 13,914.77.A recent retreat in benchmark 10-year Treasury yields from 14-month highs has helped high-flying technology stocks to rebound, while strong economic data has lifted the S&P 500 and the Dow to record levels.The S&P 500 has gained the past four weeks, its longest winning streak since August 2020.GameStop Corp jumped on the announcement of its chief executive's resignation.Crypto stocks including miners Riot Blockchain and Marathon Digital each slumped as bitcoin took a hammering.Harley-Davidson Inc jumped after the motorcycle maker raised it full-year forecast for sales growth.(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Shounak Dasgupta, Bernard Orr and Richard Chang)","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379937480,"gmtCreate":1618650549240,"gmtModify":1634291537250,"author":{"id":"3581743025693862","authorId":"3581743025693862","name":"19c4915a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581743025693862","authorIdStr":"3581743025693862"},"themes":[],"htmlText":"Looking forward ","listText":"Looking forward ","text":"Looking forward","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/379937480","repostId":"1179330583","repostType":4,"repost":{"id":"1179330583","kind":"news","pubTimestamp":1618588042,"share":"https://www.laohu8.com/m/news/1179330583?lang=&edition=full","pubTime":"2021-04-16 23:47","market":"us","language":"en","title":"Airbnb CEO says company is going to need millions more hosts to meet surging demand","url":"https://stock-news.laohu8.com/highlight/detail?id=1179330583","media":"cnbc","summary":"KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up","content":"<div>\n<p>KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Airbnb CEO says company is going to need millions more hosts to meet surging demand</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; 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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\">\nAirbnb CEO says company is going to need millions more hosts to meet surging demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 23:47 GMT+8 <a href=https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎"},"source_url":"https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1179330583","content_text":"KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need millions more hosts,\" Chesky said in an interview that aired Friday on \"TechCheck.\"\nCurrently, the home-sharing platform has 4 million hosts.\n\nAirbnbis going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need millions more hosts,\" Chesky said in an interview that aired Friday on CNBC's \"TechCheck.\" Currently, the home-sharing platform has 4 million hosts.\n“I think that we probably will have a high cost problem where there will probably be more guests coming to Airbnb than we’ll have hosts for because what we think is we think there’s going to be a travel rebound coming that’s unlike anything we’ve ever seen,” Chesky added. “We are working our hardest to get more hosts on the platform.”\nThe travel industry is seeing an uptick in business as more Americans get vaccinated and state restrictions ease. But for Airbnb, which relies on people to open their homes to guests, the company will need to ramp up its number of hosts instead of building out more real estate or adding flights to meet demand.\nIt’s a similar problem faced by other companies in the gig economy likeUber, which recently announced a$250 million stimulusin an effort to bring more drivers to its platform.\n“As vaccination rates increase in the United States, we are observing that consumer demand for Mobility is recovering faster than driver availability, and consumer demand for Delivery continues to exceed courier availability,”Uber saidin a filing with the Securities and Exchange Commission.\nChesky said Airbnb isn’t likely to offer “a lot of incentives” to bring new hosts on board since there’s already a huge amount of demand for service.\n“I think that all we have to do is just continue to tell our story of Airbnb, and the benefits of hosting. And we are seeing a lot of interest,” he said.\nAs part of that, Chesky said the company has done things like launch its “made possible by hosts” ad campaign. The company rolled out a number of advertisements using photographs from Airbnb guests staying in homes around the world, in an effort to create a sense of nostalgia.","news_type":1},"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}