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vwong
2022-02-05
Thank you for sharing the interview with us.
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vwong
2022-01-18
Informative article.
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vwong
2021-12-23
Thank you for the summary. Very cute graphics!
抱歉，原内容已删除
vwong
2021-10-08
It is really good that such experts are so generous to share from their experience.
抱歉，原内容已删除
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you for sharing the interview with us.","listText":"Thank you for sharing the interview with us.","text":"Thank you for sharing the interview with us.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/633651154","repostId":"1127734514","repostType":4,"isVote":1,"tweetType":1,"viewCount":1117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":697661587,"gmtCreate":1642462211231,"gmtModify":1642462211430,"author":{"id":"3587003044588569","authorId":"3587003044588569","name":"vwong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587003044588569","idStr":"3587003044588569"},"themes":[],"htmlText":"Informative article.","listText":"Informative article.","text":"Informative article.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/697661587","repostId":"1183650425","repostType":4,"isVote":1,"tweetType":1,"viewCount":857,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691765459,"gmtCreate":1640246559736,"gmtModify":1640247041644,"author":{"id":"3587003044588569","authorId":"3587003044588569","name":"vwong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587003044588569","idStr":"3587003044588569"},"themes":[],"htmlText":"Thank you for the summary. Very cute graphics!","listText":"Thank you for the summary. Very cute graphics!","text":"Thank you for the summary. Very cute graphics!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691765459","repostId":"1184462074","repostType":4,"isVote":1,"tweetType":1,"viewCount":1080,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823585276,"gmtCreate":1633649437171,"gmtModify":1633649437244,"author":{"id":"3587003044588569","authorId":"3587003044588569","name":"vwong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587003044588569","idStr":"3587003044588569"},"themes":[],"htmlText":"It is really good that such experts are so generous to share from their experience.","listText":"It is really good that such experts are so generous to share from their experience.","text":"It is really good that such experts are so generous to share from their experience.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/823585276","repostId":"1194460907","repostType":4,"isVote":1,"tweetType":1,"viewCount":1269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":823585276,"gmtCreate":1633649437171,"gmtModify":1633649437244,"author":{"id":"3587003044588569","authorId":"3587003044588569","name":"vwong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587003044588569","authorIdStr":"3587003044588569"},"themes":[],"htmlText":"It is really good that such experts are so generous to share from their experience.","listText":"It is really good that such experts are so generous to share from their experience.","text":"It is really good that such experts are so generous to share from their experience.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/823585276","repostId":"1194460907","repostType":4,"repost":{"id":"1194460907","kind":"news","pubTimestamp":1633610916,"share":"https://www.laohu8.com/m/news/1194460907?lang=&edition=full","pubTime":"2021-10-07 20:48","market":"us","language":"en","title":"Warren Buffett’s folksy investing advice is just what you need in this unfriendly stock market","url":"https://stock-news.laohu8.com/highlight/detail?id=1194460907","media":"MarketWatch","summary":"Fundamentals apply, no matter what financial fads are capturing stock investors’ attention.\n\nIndivid","content":"<blockquote>\n <b>Fundamentals apply, no matter what financial fads are capturing stock investors’ attention.</b>\n</blockquote>\n<p>Individual investors are back. Throughout 2021, they directly invested billions of dollars in U.S. stocks and real estate. But these assets are now priced at troublingly high levels, and fears of a correction are feeding volatility. Rising U.S. inflation, taxes, and government debt present systemic challenges. Political and social discord prevail. And there’s COVID.</p>\n<p>Facing such turmoil, individual investors are eager for guidance. There are few better sources than Berkshire Hathaway’sBRK.A,+0.80%BRK.B,+0.78%Warren Buffett, renowned for a matchless investment record across six volatile decades as well as for his savvy, accessible advice for investors. On point is this gem from 1994:</p>\n<p>“Thirty years ago, no one could have foreseen the huge expansion of the Vietnam War, wage and price controls, two oil shocks, the resignation of a president, the dissolution of the Soviet Union, a one-day drop in the Dow of 508 points, or treasury bill yields fluctuating between 2.8% and 17.4%. But, surprise — none of these blockbuster events made the slightest dent in [fundamental] investment principles.”</p>\n<p>As unprecedented as these times may seem, from angst to innovation, another Buffett gem reminds us that we’ve been here before. In 2018, Buffett wrote again of how the fundamentals of investing are timeless:</p>\n<p>“Since 1942… the country contended at various times with a long period of viral inflation, a 21% prime rate, several controversial and costly wars, the resignation of a president, a pervasive collapse in home values, a paralyzing financial panic and a host of other problems.”</p>\n<p>Buffett has always believed that the fundamentals of investing remain intact even in the face of financial fads or innovations, from the tech bubble of the late 1990s to today’s meme stocks or social investing funds.</p>\n<p>The fundamentals of investing are collated in homespun and humorous essays Buffett has been writing for the shareholders of his company, Berkshire Hathaway, for six decades. Since 1996, with Buffett’s support, I have published a collection of the best of these, representing a comprehensive, non-repetitive and compact mini-course useful to any individual investor.</p>\n<p>In this year’s essay, Buffett warned about the perils of investing by individuals, particularly now in a period brimming with “promoters” telling “stories” that create “illusions” for the gullible. Springing to mind are SPACs, ETFs, ESG funds, and other fashionable offerings. Buffett cautions against “speculators” peddling “enticing ideas” and “calls for action” that “never stop.”</p>\n<p>Buffett advises avoiding such lures. In contrast, he uses two examples from his own investing experience to highlight the appeal for investing of common sense, simplicity and business focus. The examples are his investments in an Omaha farm (in 1986) and a New York City apartment building (in 1993) in which he earned outsized returns by adhering to just a few fundamentals.</p>\n<p>First, Buffett has long said the three most important words in investing are “margin of safety.” He refers to the phrase coined by his mentor, Benjamin Graham, who stressed that investment opportunities arise when priced below value. Buffett purchased the farm from a failed banker, and the building from a government receiver. They were eager sellers offering low prices given market conditions. Hunting for such safety is especially important in current highly-priced markets.</p>\n<p>Second, Buffett says “keep it simple” and “don’t swing for the fences.” He isn’t an expert in farming or real estate. But he understood enough to estimate revenues and expenses on these assets over a decade-long holding period. Buffett estimated a 10% return, which he judged reasonable for the moderate risk. In fact, both of these investments saw earnings triple estimates and their value quintuple. If you keep it simple, meaning invest in things you understand, you only need basic competence to comfortably make economic estimates.</p>\n<p>Finally, Buffett advises to “focus on the playing field, not the scoreboard.” By this he means to study the asset and related business prospects rather than any market price. In stocks, for example, focus on the value of the expected cash flows over the next 10 years, not on today’s closing price; for an office building, focus on the value of the expected rent rolls, not on the sales price of the building down the block.</p>\n<p>Individual investors know that investing is not easy and that choppy waters can make things uncomfortable. Following the fundamentals helps, as does the perspective that history provides.</p>\n<p><i>Lawrence A. Cunningham is a professor at George Washington University, founder of the Quality Shareholders Group, and publisher, since 1997, of “The Essays of Warren Buffett: Lessons for Corporate America.” Cunningham owns shares of Berkshire Hathaway.</i></p>","source":"market_watch","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>Warren Buffett’s folksy investing advice is just what you need in this unfriendly stock market</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\">\nWarren Buffett’s folksy investing advice is just what you need in this unfriendly stock market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-07 20:48 GMT+8 <a href=https://www.marketwatch.com/story/warren-buffetts-folksy-investing-advice-is-just-what-you-need-in-this-unfriendly-stock-market-11633589615?siteid=yhoof2><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fundamentals apply, no matter what financial fads are capturing stock investors’ attention.\n\nIndividual investors are back. Throughout 2021, they directly invested billions of dollars in U.S. stocks ...</p>\n\n<a href=\"https://www.marketwatch.com/story/warren-buffetts-folksy-investing-advice-is-just-what-you-need-in-this-unfriendly-stock-market-11633589615?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/warren-buffetts-folksy-investing-advice-is-just-what-you-need-in-this-unfriendly-stock-market-11633589615?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1194460907","content_text":"Fundamentals apply, no matter what financial fads are capturing stock investors’ attention.\n\nIndividual investors are back. Throughout 2021, they directly invested billions of dollars in U.S. stocks and real estate. But these assets are now priced at troublingly high levels, and fears of a correction are feeding volatility. Rising U.S. inflation, taxes, and government debt present systemic challenges. Political and social discord prevail. And there’s COVID.\nFacing such turmoil, individual investors are eager for guidance. There are few better sources than Berkshire Hathaway’sBRK.A,+0.80%BRK.B,+0.78%Warren Buffett, renowned for a matchless investment record across six volatile decades as well as for his savvy, accessible advice for investors. On point is this gem from 1994:\n“Thirty years ago, no one could have foreseen the huge expansion of the Vietnam War, wage and price controls, two oil shocks, the resignation of a president, the dissolution of the Soviet Union, a one-day drop in the Dow of 508 points, or treasury bill yields fluctuating between 2.8% and 17.4%. But, surprise — none of these blockbuster events made the slightest dent in [fundamental] investment principles.”\nAs unprecedented as these times may seem, from angst to innovation, another Buffett gem reminds us that we’ve been here before. In 2018, Buffett wrote again of how the fundamentals of investing are timeless:\n“Since 1942… the country contended at various times with a long period of viral inflation, a 21% prime rate, several controversial and costly wars, the resignation of a president, a pervasive collapse in home values, a paralyzing financial panic and a host of other problems.”\nBuffett has always believed that the fundamentals of investing remain intact even in the face of financial fads or innovations, from the tech bubble of the late 1990s to today’s meme stocks or social investing funds.\nThe fundamentals of investing are collated in homespun and humorous essays Buffett has been writing for the shareholders of his company, Berkshire Hathaway, for six decades. Since 1996, with Buffett’s support, I have published a collection of the best of these, representing a comprehensive, non-repetitive and compact mini-course useful to any individual investor.\nIn this year’s essay, Buffett warned about the perils of investing by individuals, particularly now in a period brimming with “promoters” telling “stories” that create “illusions” for the gullible. Springing to mind are SPACs, ETFs, ESG funds, and other fashionable offerings. Buffett cautions against “speculators” peddling “enticing ideas” and “calls for action” that “never stop.”\nBuffett advises avoiding such lures. In contrast, he uses two examples from his own investing experience to highlight the appeal for investing of common sense, simplicity and business focus. The examples are his investments in an Omaha farm (in 1986) and a New York City apartment building (in 1993) in which he earned outsized returns by adhering to just a few fundamentals.\nFirst, Buffett has long said the three most important words in investing are “margin of safety.” He refers to the phrase coined by his mentor, Benjamin Graham, who stressed that investment opportunities arise when priced below value. Buffett purchased the farm from a failed banker, and the building from a government receiver. They were eager sellers offering low prices given market conditions. Hunting for such safety is especially important in current highly-priced markets.\nSecond, Buffett says “keep it simple” and “don’t swing for the fences.” He isn’t an expert in farming or real estate. But he understood enough to estimate revenues and expenses on these assets over a decade-long holding period. Buffett estimated a 10% return, which he judged reasonable for the moderate risk. In fact, both of these investments saw earnings triple estimates and their value quintuple. If you keep it simple, meaning invest in things you understand, you only need basic competence to comfortably make economic estimates.\nFinally, Buffett advises to “focus on the playing field, not the scoreboard.” By this he means to study the asset and related business prospects rather than any market price. In stocks, for example, focus on the value of the expected cash flows over the next 10 years, not on today’s closing price; for an office building, focus on the value of the expected rent rolls, not on the sales price of the building down the block.\nIndividual investors know that investing is not easy and that choppy waters can make things uncomfortable. Following the fundamentals helps, as does the perspective that history provides.\nLawrence A. Cunningham is a professor at George Washington University, founder of the Quality Shareholders Group, and publisher, since 1997, of “The Essays of Warren Buffett: Lessons for Corporate America.” Cunningham owns shares of Berkshire Hathaway.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691765459,"gmtCreate":1640246559736,"gmtModify":1640247041644,"author":{"id":"3587003044588569","authorId":"3587003044588569","name":"vwong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587003044588569","authorIdStr":"3587003044588569"},"themes":[],"htmlText":"Thank you for the summary. Very cute graphics!","listText":"Thank you for the summary. Very cute graphics!","text":"Thank you for the summary. Very cute graphics!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691765459","repostId":"1184462074","repostType":4,"repost":{"id":"1184462074","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639986941,"share":"https://www.laohu8.com/m/news/1184462074?lang=&edition=full","pubTime":"2021-12-20 15:55","market":"us","language":"en","title":"Reminder: trading hours during the Christmas holiday","url":"https://stock-news.laohu8.com/highlight/detail?id=1184462074","media":"Tiger Newspress","summary":"December 25th (this Saturday) is Christmas Day, investors should find out whether the markets will b","content":"<p>December 25th (this Saturday) is Christmas Day, investors should find out whether the markets will be closed during the Christmas holiday.<img src=\"https://static.tigerbbs.com/1cee45d8074351ca462d8a44f47308dd\" tg-width=\"750\" tg-height=\"750\" referrerpolicy=\"no-referrer\"><b>U.S. Stocks</b></p>\n<p>It will be closed on Dec.24th.</p>\n<p><b>Singapore Stocks</b></p>\n<p>Its trading hours will be from 9:00 am to 12:00 pm at local time on Dec.24th.</p>\n<p><b>HongKong Stocks</b></p>\n<p>Its trading hours will be from 9:30 am to 12:00 pm at local time on Dec.24th, and it will be closed on Dec.27th.</p>\n<p><b>A-shares(Northbound)</b></p>\n<p>It will be closed on Dec.24th and Dec.27th.</p>\n<p><b>Australian Stocks</b></p>\n<p>Its normal trading will cease at 14:00(Sydney time) on Dec 24th, and it will be closed on Dec.27th and Dec.28th in addition to the Boxing Day.</p>\n<p><b>Background</b></p>\n<p>Christmas is an annual festival commemorating the birth of Jesus Christ, observed primarily on December 25 as a religious and cultural celebration among billions of people around the world.</p>\n<p>Christmas Day is a public holiday in many countries, which is celebrated religiously by a majority of Christians, as well as culturally by many non-Christians, and forms an integral part of the holiday season organized around it.</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>Reminder: trading hours during the Christmas holiday</title>\n<style 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}\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\">\nReminder: trading hours during the Christmas holiday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-20 15:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>December 25th (this Saturday) is Christmas Day, investors should find out whether the markets will be closed during the Christmas holiday.<img src=\"https://static.tigerbbs.com/1cee45d8074351ca462d8a44f47308dd\" tg-width=\"750\" tg-height=\"750\" referrerpolicy=\"no-referrer\"><b>U.S. Stocks</b></p>\n<p>It will be closed on Dec.24th.</p>\n<p><b>Singapore Stocks</b></p>\n<p>Its trading hours will be from 9:00 am to 12:00 pm at local time on Dec.24th.</p>\n<p><b>HongKong Stocks</b></p>\n<p>Its trading hours will be from 9:30 am to 12:00 pm at local time on Dec.24th, and it will be closed on Dec.27th.</p>\n<p><b>A-shares(Northbound)</b></p>\n<p>It will be closed on Dec.24th and Dec.27th.</p>\n<p><b>Australian Stocks</b></p>\n<p>Its normal trading will cease at 14:00(Sydney time) on Dec 24th, and it will be closed on Dec.27th and Dec.28th in addition to the Boxing Day.</p>\n<p><b>Background</b></p>\n<p>Christmas is an annual festival commemorating the birth of Jesus Christ, observed primarily on December 25 as a religious and cultural celebration among billions of people around the world.</p>\n<p>Christmas Day is a public holiday in many countries, which is celebrated religiously by a majority of Christians, as well as culturally by many non-Christians, and forms an integral part of the holiday season organized around it.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184462074","content_text":"December 25th (this Saturday) is Christmas Day, investors should find out whether the markets will be closed during the Christmas holiday.U.S. Stocks\nIt will be closed on Dec.24th.\nSingapore Stocks\nIts trading hours will be from 9:00 am to 12:00 pm at local time on Dec.24th.\nHongKong Stocks\nIts trading hours will be from 9:30 am to 12:00 pm at local time on Dec.24th, and it will be closed on Dec.27th.\nA-shares(Northbound)\nIt will be closed on Dec.24th and Dec.27th.\nAustralian Stocks\nIts normal trading will cease at 14:00(Sydney time) on Dec 24th, and it will be closed on Dec.27th and Dec.28th in addition to the Boxing Day.\nBackground\nChristmas is an annual festival commemorating the birth of Jesus Christ, observed primarily on December 25 as a religious and cultural celebration among billions of people around the world.\nChristmas Day is a public holiday in many countries, which is celebrated religiously by a majority of Christians, as well as culturally by many non-Christians, and forms an integral part of the holiday season organized around it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1080,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633651154,"gmtCreate":1644028611201,"gmtModify":1644028611299,"author":{"id":"3587003044588569","authorId":"3587003044588569","name":"vwong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587003044588569","authorIdStr":"3587003044588569"},"themes":[],"htmlText":"Thank you for sharing the interview with us.","listText":"Thank you for sharing the interview with us.","text":"Thank you for sharing the interview with us.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/633651154","repostId":"1127734514","repostType":4,"repost":{"id":"1127734514","kind":"news","pubTimestamp":1644026836,"share":"https://www.laohu8.com/m/news/1127734514?lang=&edition=full","pubTime":"2022-02-05 10:07","market":"us","language":"en","title":"Apple Stock: Jim Cramer’s Ideal Entry Price, And What To Do","url":"https://stock-news.laohu8.com/highlight/detail?id=1127734514","media":"TheStreet","summary":"Mad Money’s Jim Cramer thinks that Apple stock is a buy, but his ideal entry price has already been ","content":"<html><head></head><body><p>Mad Money’s Jim Cramer thinks that Apple stock is a buy, but his ideal entry price has already been left in the dust. Is it too late to own AAPL?</p><p>Appled elivered outstanding fiscal Q1 results last week. In the morning following the company’s earnings day, after discussing the highlights of the quarter, CNBC’s Mad Money host Jim Cramer made a very specific comment about when to buy Apple stock:</p><blockquote>“This was a remarkable quarter. So, the stock is at [$164]. My advice is, if it does break that price and goes down to, say, $163, then buy it.”</blockquote><p>The problem is that AAPL shares have already zipped well ahead of “Jimmy Chill’s” ideal post-earnings entry price. Not even the Facebook-driven tech stock rout was enough to push AAPL much lower than $175 apiece.</p><p>Does this mean that this ship has sailed? Is it too late to own Apple stock at the current market cap of nearly $2.9 trillion?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/10b5099d737727440ea14654bdc24ebf\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/><span>Figure 1: Apple Stock: Jim Cramer’s Ideal Entry Price, And What To Do</span></p><p><b>Jim Cramer’s bullish views</b></p><p>First, let’s understand what makes Apple a good stock to own from a business fundamentals perspective, according to Jim Cramer. He stated:</p><blockquote>“It is very clear that this was about as perfect a number as you’re going to get. [...] The supply problems eased as the quarter went on, and this quarter is going to be better. The numbers of subscribers, they have 785 million, [are adding] to service revenues — and there are no defaults, by the way. China was abnormally strong, [Apple is] a top 4 brand there.”</blockquote><p>Very few experts have deviated much from the consensus view that Apple has been on fire. I agree with Jim that this was an exceptional report, even if not a flawless one — the iPad struggled against tough comps and component shortages.</p><p>Of course, this particular discussion on CNBC was too short for Jim Cramer to explore other reasons to own AAPL. For instance, I believe that sizable revenue opportunities exist outside Apple’s current product and service lineup — think metaverse and autonomous vehicles. Also, margins should improve as supply disruptions ease and services become an even larger piece of the revenue mix.</p><p><b>AAPL and the question of price</b></p><p>On the opportunity to buy Apple stock after earnings and amid a soft market, particularly for tech stocks, Jim Cramer added the following:</p><blockquote>“If you believe that there could be a comeback [in tech stocks], Apple is a legitimate place for it to start.”</blockquote><p>I think that this is a good take. The stock market has been weak in 2022, but mostly because of an aversion to companies that lack near-term earnings and cash flow and lean too heavily on far-out growth stories. Apple does not belong in this bucket.</p><p>Instead, the Cupertino company seems to be both a success story in the short term and a potential beneficiary of growth trends in the long term. If investors are going to put their money in tech today, many would likely start with Apple.</p><p>But then, there is the question of share price and valuation. Jim Cramer said that AAPL was a buy at $163, but the stock never reached this low after blowout earnings. In fact, since hitting a recent low of $159 on January 27, Apple stock has climbed 10% almost undisturbed.</p><p><b>Has the ship sailed?</b></p><p>Back to the key question: is it now too late to own AAPL? I think not. Of course, investors probably wish that they could buy Apple stock at Jim Cramer’s desired entry point of $163. But that opportunity has been left in the rearview mirror.</p><p>Think of the bigger picture. AAPL has produced annualized returns of 32% in the iPhone era (i.e., since 2007). The 10% spike in the past few days does not necessarily mean that the long-term opportunity in the stock is gone. It may simply suggest instead that future gain expectations should be de-risked slightly.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: Jim Cramer’s Ideal Entry Price, And What To Do</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: Jim Cramer’s Ideal Entry Price, And What To Do\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-05 10:07 GMT+8 <a href=https://www.thestreet.com/apple/news/apple-stock-jim-cramers-ideal-entry-price-and-what-to-do><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mad Money’s Jim Cramer thinks that Apple stock is a buy, but his ideal entry price has already been left in the dust. Is it too late to own AAPL?Appled elivered outstanding fiscal Q1 results last week...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/apple-stock-jim-cramers-ideal-entry-price-and-what-to-do\">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.thestreet.com/apple/news/apple-stock-jim-cramers-ideal-entry-price-and-what-to-do","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127734514","content_text":"Mad Money’s Jim Cramer thinks that Apple stock is a buy, but his ideal entry price has already been left in the dust. Is it too late to own AAPL?Appled elivered outstanding fiscal Q1 results last week. In the morning following the company’s earnings day, after discussing the highlights of the quarter, CNBC’s Mad Money host Jim Cramer made a very specific comment about when to buy Apple stock:“This was a remarkable quarter. So, the stock is at [$164]. My advice is, if it does break that price and goes down to, say, $163, then buy it.”The problem is that AAPL shares have already zipped well ahead of “Jimmy Chill’s” ideal post-earnings entry price. Not even the Facebook-driven tech stock rout was enough to push AAPL much lower than $175 apiece.Does this mean that this ship has sailed? Is it too late to own Apple stock at the current market cap of nearly $2.9 trillion?Figure 1: Apple Stock: Jim Cramer’s Ideal Entry Price, And What To DoJim Cramer’s bullish viewsFirst, let’s understand what makes Apple a good stock to own from a business fundamentals perspective, according to Jim Cramer. He stated:“It is very clear that this was about as perfect a number as you’re going to get. [...] The supply problems eased as the quarter went on, and this quarter is going to be better. The numbers of subscribers, they have 785 million, [are adding] to service revenues — and there are no defaults, by the way. China was abnormally strong, [Apple is] a top 4 brand there.”Very few experts have deviated much from the consensus view that Apple has been on fire. I agree with Jim that this was an exceptional report, even if not a flawless one — the iPad struggled against tough comps and component shortages.Of course, this particular discussion on CNBC was too short for Jim Cramer to explore other reasons to own AAPL. For instance, I believe that sizable revenue opportunities exist outside Apple’s current product and service lineup — think metaverse and autonomous vehicles. Also, margins should improve as supply disruptions ease and services become an even larger piece of the revenue mix.AAPL and the question of priceOn the opportunity to buy Apple stock after earnings and amid a soft market, particularly for tech stocks, Jim Cramer added the following:“If you believe that there could be a comeback [in tech stocks], Apple is a legitimate place for it to start.”I think that this is a good take. The stock market has been weak in 2022, but mostly because of an aversion to companies that lack near-term earnings and cash flow and lean too heavily on far-out growth stories. Apple does not belong in this bucket.Instead, the Cupertino company seems to be both a success story in the short term and a potential beneficiary of growth trends in the long term. If investors are going to put their money in tech today, many would likely start with Apple.But then, there is the question of share price and valuation. Jim Cramer said that AAPL was a buy at $163, but the stock never reached this low after blowout earnings. In fact, since hitting a recent low of $159 on January 27, Apple stock has climbed 10% almost undisturbed.Has the ship sailed?Back to the key question: is it now too late to own AAPL? I think not. Of course, investors probably wish that they could buy Apple stock at Jim Cramer’s desired entry point of $163. But that opportunity has been left in the rearview mirror.Think of the bigger picture. AAPL has produced annualized returns of 32% in the iPhone era (i.e., since 2007). The 10% spike in the past few days does not necessarily mean that the long-term opportunity in the stock is gone. It may simply suggest instead that future gain expectations should be de-risked slightly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":697661587,"gmtCreate":1642462211231,"gmtModify":1642462211430,"author":{"id":"3587003044588569","authorId":"3587003044588569","name":"vwong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587003044588569","authorIdStr":"3587003044588569"},"themes":[],"htmlText":"Informative article.","listText":"Informative article.","text":"Informative article.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/697661587","repostId":"1183650425","repostType":4,"repost":{"id":"1183650425","kind":"news","pubTimestamp":1642424586,"share":"https://www.laohu8.com/m/news/1183650425?lang=&edition=full","pubTime":"2022-01-17 21:03","market":"us","language":"en","title":"Big Tech Braces for a Wave of Regulation","url":"https://stock-news.laohu8.com/highlight/detail?id=1183650425","media":"The Wall Street Journal","summary":"Unlike in the past, this new scrutiny could have an impact on the bottom line","content":"<html><head></head><body><p>Big tech companies are facing the biggest expansion in potential technology regulation in a generation. And while the jury is out on whether all that sound and fury will signify anything, for the first time there are signs that the big-tech backlash could have a substantive impact.</p><p>New laws under consideration in Europe, Asia and the U.S. could put sharp limits on how big tech companies can treat smaller competitors and restrict their use of artificial intelligence like facial recognition. Some proposals could ban common practices such as companies giving their own products a boost in their own rankings, something that could have an operational impact, executives and analysts say.</p><p>At the same time, regulators globally are advancing dozens of investigations related to competition and privacy that could lead to more than just speeding tickets for tech giants. Under consideration, according to regulators and executives, are orders or settlements that could cut off trans-Atlantic data flows, kneecap some kinds of digital advertising, delay major product changes or force ongoing oversight of activities.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ab695d3f3481d81cbe6c34cefb514877\" tg-width=\"1260\" tg-height=\"840\" width=\"100%\" height=\"auto\"/><span>Meta Platforms’ Facebook said in November that it would shut down its facial-recognition system in part because of potential regulations.</span></p><p><b>Tougher to cash in</b></p><p>To be sure, regulation so far has had little effect on Silicon Valley’s bottom line or valuations. The market value of five of the world’s largest tech companies is $9.31 trillion, up close to fourfold from five years ago, nearly double the growth for the S&P 500 index in that time.</p><p>But that could be changing. The fresh wave of scrutiny has already made it more difficult for the companies to cash in on potential growth from acquisitions, says Mark Mahaney, head of internet research at EvercoreInc.’s research arm. In November, the U.K.’s Competition and Markets Authority directed Meta Platforms Inc.’s Facebookto sell animated-images company Giphy, saying the acquisition would limit competition among platforms and U.K. advertisers.Facebooksays the deal benefits consumers, and it has appealed.</p><p>Tech companies are making other changes, too. Facebook announced in November that it would shut down its facial-recognition system in part because of potential regulations.</p><p>“There’s definitely a sense of there being a new momentum” for regulation, says Sinead McSweeney,Twitter Inc.’s global vice president for public policy, noting that in recent weeks the company has had to implement new legislative requirements in at least six countries. “It’s on a whole new level.”</p><p>Alphabet Inc.’s Google, for instance, has agreed to work closely with the Competition and Markets Authority on its plan to remove cookies, which track online activity,from its Chrome browser. Now Google executives are looking at how to build new appeals processes for content removals on the YouTube video service, and reworking how it handles user and partner information internally, says Kent Walker, senior vice president of global affairs.</p><p>“There’s an awful lot on the table right now,” Mr. Walker says. “It’s a challenging exercise because, in many cases, the compliance times are short, and we actually have to start to prepare now for rules before the ink is dried.”</p><p>While tech companies say they agree that their industry needs new regulation, they are pushing back against some specific proposals—in part because of the impact they might have. Some tech executives, such as Twitter’s Ms. McSweeney, say they worry requirements in proposed online-content rules could encourage companies to remove content they merely disagree with, chilling free speech.</p><p>Google’s Mr. Walker says he is concerned that the definition of an online marketplace in one bill could force the company to notify websites each time their ranking changed in the search engine, a virtually impossible task.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/557101cd7ec34acd628fa19b2f196052\" tg-width=\"1260\" tg-height=\"840\" width=\"100%\" height=\"auto\"/><span>Google offices in New York. The company is reworking how it handles user and partner information internally, an executive says.</span></p><p><b>What’s the effect?</b></p><p>For their part, advocates for more regulation worry that the big tech companies could emerge unscathed from the newest wave of regulation. Gabriel Weinberg, founder and chief executive of DuckDuckGo, maker of a privacy-centric search engine, says that three EU antitrust decisions against Google, and more than $9 billion in fines, have done little to pare the search leader’s market position. (Google says that its compliance with the EU decisions has led to significant changes in its operations that have helped competitors.)</p><p>Now Mr. Weinberg is concerned that policy makers are placing more emphasis on passing laws than on making sure regulators have the know-how and tools to properly implement new requirements to, say, treat rivals equitably.</p><p>“I think something will get passed. I’m pretty hopeful it will,” Mr. Weinberg says. “But it looks like the devil’s in the details of actually moving the market.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ee7016d60f5e23c15ee1c291181cb9db\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/><span>Frances Haugen, Facebook whistleblower, at a House hearing in Washington in December.</span></p><p>Policy makers say they are confident they can make it work. Cédric O, junior minister for digital affairs for France, which holds the presidency of the EU’s council of member states for the first half of this year, says he’s confident that the EU can pass effective laws and must seize the momentum. He also says he’s going to the U.S. to lobby for trans-Atlantic rules to protect children who use social media, following articles in The Wall Street Journal’s Facebook Files series that found that Instagram made some teenage girls feel worse about themselves.</p><p>“I think there’s a European and probably international consensus that Big Tech has an impact on the economy and on democracy and should be regulated,” Mr. O says. “There’s a desire to act that’s shared everywhere.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big Tech Braces for a Wave of Regulation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig Tech Braces for a Wave of Regulation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-17 21:03 GMT+8 <a href=https://www.wsj.com/articles/big-tech-braces-for-wave-of-regulation-11642131732?mod=hp_listb_pos3><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Big tech companies are facing the biggest expansion in potential technology regulation in a generation. And while the jury is out on whether all that sound and fury will signify anything, for the ...</p>\n\n<a href=\"https://www.wsj.com/articles/big-tech-braces-for-wave-of-regulation-11642131732?mod=hp_listb_pos3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","GOOGL":"谷歌A","AAPL":"苹果","AMZN":"亚马逊","TWTR":"Twitter","GOOG":"谷歌"},"source_url":"https://www.wsj.com/articles/big-tech-braces-for-wave-of-regulation-11642131732?mod=hp_listb_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183650425","content_text":"Big tech companies are facing the biggest expansion in potential technology regulation in a generation. And while the jury is out on whether all that sound and fury will signify anything, for the first time there are signs that the big-tech backlash could have a substantive impact.New laws under consideration in Europe, Asia and the U.S. could put sharp limits on how big tech companies can treat smaller competitors and restrict their use of artificial intelligence like facial recognition. Some proposals could ban common practices such as companies giving their own products a boost in their own rankings, something that could have an operational impact, executives and analysts say.At the same time, regulators globally are advancing dozens of investigations related to competition and privacy that could lead to more than just speeding tickets for tech giants. Under consideration, according to regulators and executives, are orders or settlements that could cut off trans-Atlantic data flows, kneecap some kinds of digital advertising, delay major product changes or force ongoing oversight of activities.Meta Platforms’ Facebook said in November that it would shut down its facial-recognition system in part because of potential regulations.Tougher to cash inTo be sure, regulation so far has had little effect on Silicon Valley’s bottom line or valuations. The market value of five of the world’s largest tech companies is $9.31 trillion, up close to fourfold from five years ago, nearly double the growth for the S&P 500 index in that time.But that could be changing. The fresh wave of scrutiny has already made it more difficult for the companies to cash in on potential growth from acquisitions, says Mark Mahaney, head of internet research at EvercoreInc.’s research arm. In November, the U.K.’s Competition and Markets Authority directed Meta Platforms Inc.’s Facebookto sell animated-images company Giphy, saying the acquisition would limit competition among platforms and U.K. advertisers.Facebooksays the deal benefits consumers, and it has appealed.Tech companies are making other changes, too. Facebook announced in November that it would shut down its facial-recognition system in part because of potential regulations.“There’s definitely a sense of there being a new momentum” for regulation, says Sinead McSweeney,Twitter Inc.’s global vice president for public policy, noting that in recent weeks the company has had to implement new legislative requirements in at least six countries. “It’s on a whole new level.”Alphabet Inc.’s Google, for instance, has agreed to work closely with the Competition and Markets Authority on its plan to remove cookies, which track online activity,from its Chrome browser. Now Google executives are looking at how to build new appeals processes for content removals on the YouTube video service, and reworking how it handles user and partner information internally, says Kent Walker, senior vice president of global affairs.“There’s an awful lot on the table right now,” Mr. Walker says. “It’s a challenging exercise because, in many cases, the compliance times are short, and we actually have to start to prepare now for rules before the ink is dried.”While tech companies say they agree that their industry needs new regulation, they are pushing back against some specific proposals—in part because of the impact they might have. Some tech executives, such as Twitter’s Ms. McSweeney, say they worry requirements in proposed online-content rules could encourage companies to remove content they merely disagree with, chilling free speech.Google’s Mr. Walker says he is concerned that the definition of an online marketplace in one bill could force the company to notify websites each time their ranking changed in the search engine, a virtually impossible task.Google offices in New York. The company is reworking how it handles user and partner information internally, an executive says.What’s the effect?For their part, advocates for more regulation worry that the big tech companies could emerge unscathed from the newest wave of regulation. Gabriel Weinberg, founder and chief executive of DuckDuckGo, maker of a privacy-centric search engine, says that three EU antitrust decisions against Google, and more than $9 billion in fines, have done little to pare the search leader’s market position. (Google says that its compliance with the EU decisions has led to significant changes in its operations that have helped competitors.)Now Mr. Weinberg is concerned that policy makers are placing more emphasis on passing laws than on making sure regulators have the know-how and tools to properly implement new requirements to, say, treat rivals equitably.“I think something will get passed. I’m pretty hopeful it will,” Mr. Weinberg says. “But it looks like the devil’s in the details of actually moving the market.”Frances Haugen, Facebook whistleblower, at a House hearing in Washington in December.Policy makers say they are confident they can make it work. Cédric O, junior minister for digital affairs for France, which holds the presidency of the EU’s council of member states for the first half of this year, says he’s confident that the EU can pass effective laws and must seize the momentum. He also says he’s going to the U.S. to lobby for trans-Atlantic rules to protect children who use social media, following articles in The Wall Street Journal’s Facebook Files series that found that Instagram made some teenage girls feel worse about themselves.“I think there’s a European and probably international consensus that Big Tech has an impact on the economy and on democracy and should be regulated,” Mr. O says. “There’s a desire to act that’s shared everywhere.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":857,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}
