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Zin222
2021-08-12
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A Three-Prong Crucible? Markets Eye Record Highs Amid Inflation, Fiscal, And Delta Uncertainty
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2021-08-27
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These 2 Growth Stocks Have a Feature Warren Buffett Loves
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2021-08-24
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Is Now the Time to Buy the Dip on Vimeo Stock?
Zin222
2021-08-06
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Dollar jumps on jobs report to highest this week
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2021-08-24
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2021-08-27
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5 Stocks to Buy From Top Performing S&P 500 Finance Sector
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2021-08-26
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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
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2021-08-06
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How 10 of the world’s smartest investors can help you build your perfect portfolio
Zin222
2021-08-29
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2021-08-25
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Cerebras Systems connects its huge chips to make AI more power-efficient
Zin222
2021-10-08
$Bionano Genomics(BNGO)$
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2021-08-29
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U.S. resumes supply of Lilly's COVID-19 antibody combo to some states
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2021-08-26
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2021-08-25
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Monarch Casino & Resort Announces Management Changes
Zin222
2021-08-06
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2021-08-04
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VICI Properties to buy MGM Resort-controlled MGM Growth in $17.2 bln deal
Zin222
2021-11-04
$Bionano Genomics(BNGO)$
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Zin222
2021-09-02
$Bionano Genomics(BNGO)$
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Zin222
2021-09-01
$Bionano Genomics(BNGO)$
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Zin222
2021-08-12
$XIAOMI-W(01810)$
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href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>Share","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>Share","text":"$Bionano Genomics(BNGO)$Share","images":[{"img":"https://static.tigerbbs.com/0a6c3ca4e583af8bf57919ffb3ce8a92","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/826702947","isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":828649026,"gmtCreate":1633912519919,"gmtModify":1633912519919,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>Share","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>Share","text":"$Bionano Genomics(BNGO)$Share","images":[{"img":"https://static.tigerbbs.com/e74b87a75a7255a8e191d97f89fcdc96","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/828649026","isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"hots":[{"id":894050227,"gmtCreate":1628778890069,"gmtModify":1633689552431,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/894050227","repostId":"2158250170","repostType":4,"repost":{"id":"2158250170","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628777697,"share":"https://www.laohu8.com/m/news/2158250170?lang=&edition=full","pubTime":"2021-08-12 22:14","market":"us","language":"en","title":"A Three-Prong Crucible? Markets Eye Record Highs Amid Inflation, Fiscal, And Delta Uncertainty","url":"https://stock-news.laohu8.com/highlight/detail?id=2158250170","media":"Benzinga","summary":"Yesterday the market got behind the Fed’s idea that inflation is transitory after a calm consumer price index (CPI) reading. ","content":"<p>Yesterday the market got behind the Fed’s idea that inflation is transitory after a calm consumer price index (CPI) reading.</p>\n<p>Will that change today after a sizzling producer price index (PPI) reading? Remember that any gains in PPI can often get reflected in CPI down the road as companies react to higher wholesale prices by passing them along to the consumer. And then there’s the other side of the coin—where companies absorb these prices, which can impact margins. Either way, inflation tends to pack a wallop.</p>\n<p>Major indices didn’t immediately react much to a July PPI reading of 1%, which was way above the Wall Street analyst consensus of 0.5%. That followed yesterday’s CPI coming in about as expected and well below the June level. The July PPI was equal to June’s, so that kind of takes a bit of the transitory argument away. Also, core PPI, which strips out volatile energy and food prices, was the same as the headline figure, so there’s no hiding behind that.</p>\n<p>The PPI report is just the start of today’s action. Later on, <b>Disney </b>(NYSE:DIS) steps onto center stage with its earnings report. Focus is likely to be on streaming and whether the Delta variant might slow attendance gains at theme parks and movie theaters. It’s likely DIS executives will be asked how the big jump in Florida cases is affecting the Magic Kingdom in Orlando.</p>\n<p>Weekly jobless claims of 375,000 were more in line with estimates and pretty much down the middle compared with recent numbers. There doesn’t seem to be much improvement going on here, but it’s not getting worse, either. The number probably won’t have much influence today.</p>\n<p>Instead, investors are likely to spend their time trying to make sense of these contrasting inflation indicators, which might explain why major indices initially went nowhere in pre-market trading on the PPI reading. Does this strong PPI give the Fed more reason to begin its tapering earlier than expected, or will the Fed wait for another month of data to try and get more clarity? If history means anything, we can probably bet on option two.</p>\n<h2>Inflationary Showdown Shows Slight Slowdown</h2>\n<p>Wednesday’s Consumer Price Index (CPI) report told investors mostly what they already knew: overall inflation is running hot. But that’s not what the market was keen to focus on. Instead, investors appeared to be looking at the core CPI, which jumped 4.3% year over year as expected but only 0.3% on a monthly basis—a tad less than the 0.4% analysts estimated.</p>\n<p>On top of this, the Fed’s “transitory” narrative suddenly seemed a bit more believable as a slowdown in used car prices likely allayed fears of a monetary sudden-brake shock. Used car prices rose only 0.2% in July, a small bump compared to the prior month’s steep 10% surge.</p>\n<p>But again, this morning’s PPI seems to be at least a partial counterargument to the transitory view. A single month’s data isn’t a trend, but this is certainly <a href=\"https://laohu8.com/S/AONE.U\">one</a> to keep an eye on.</p>\n<p>Following the CPI report, the <b>Dow Jones Industrial Average </b>($DJI) jumped as much as 200 points, with <b>Caterpillar </b>(NYSE:CAT) and <b>Home Depot</b> (NYSE:HD) leading the index, while 10-year Treasury yields stood mostly flat, and “FAANG” stocks slid into negative territory, with the exception of <b>Apple </b>(NASDAQ:AAPL). Could it be that fears of a “too-laid-back” Fed policy are starting to morph into a “just right” Goldilocks scenario?</p>\n<p>Big cyclical sectors like Energy and Financials were already on the upswing this week even before yesterday’s bullish CPI data. Strength in these sectors helped give the blue-chip <b>Dow Jones Industrial Average</b> ($DJI) a lift so far over the other major indices.</p>\n<h2>Small-Caps Still Scuffling</h2>\n<p>So where does that leave small-caps, which are often known for their solid performance during economic recoveries? The small-cap <b>Russell 2000 Index</b> (RUT) is still scuffling a bit, pretty much flat so far this month and well below its 2021 highs. It did rise a bit on Wednesday, but again got outpaced by the $DJI. It’s basically still stuck in a volatile 5-month “rut” despite the strong and steady doses of easy-money policy.</p>\n<p>It might be worth watching to see if RUT can break out of the slow pattern it entered after emerging from its early summer selloff. Which way RUT goes from here might help provide clues about the market as a whole, because RUT can be an early leader up or down.</p>\n<p>Another consideration is where the FAANG stocks go if Treasury yields resume their climb. Remember that earlier this year, rising yields appeared to take a big bite out of the “mega-cap” Tech stocks, with AAPL and<b> Tesla</b> (NASDAQ:TSLA) among that hit hardest. It’s fine to say that Financials and Energy can pick up the slack, but that ignores the fact that the FAANGs—like it or not—comprise about 20% of the value of the SPX. That means any significant setbacks for these huge companies could drag the overall index.</p>\n<p>Since May, mega-cap Techs have been helping pull up the SPX while some of the other sectors struggle. Analysts are talking about how the rally has less “depth,” meaning it’s more dependent on a few big gorillas to keep it going. While yields aren’t in the kind of territory we saw last spring, it’s worth watching that relationship between yields and FAANGs for clues about where the market goes next.</p>\n<p>If inflation growth is actually slowing—and one CPI report isn’t a trend—that could drive optimism that the Fed won’t clamp down right away, perhaps keeping yields from overheating and mega-caps from melting down. Now the PPI report may have people rethinking that. The tug of war continues.</p>\n<h2>The Sweet And The Sour Impact Of Washington</h2>\n<p>Stocks got a nice assist from Congress earlier this week when the Senate passed the infrastructure bill. On the opposite side of the equation, markets seem to be ignoring a debate in Congress over the debt ceiling. Treasury Secretary Janet Yellen encouraged the parties to find a solution, and for now, the thinking on Wall Street seems to be that there will be one. However, that doesn’t mean a smooth process.</p>\n<p>There was eventually a solution in 2011, too, and the U.S. didn’t default on its debt payments. But it did see its credit rating lowered, and stocks took a pounding that summer. We’ll see if Congress can avoid getting to that point this time around. As a reminder, the debt ceiling has been raised numerous times since the 1980s, with both parties voting to do so. The last time was in 2019, under President Trump.</p>\n<p>If the debt ceiling fight starts to ramp up, volatility could eventually return. It’s not really a big factor right now, but don’t be surprised if we see some intraday volatility continue in the coming weeks.</p>\n<p>You saw the beginnings of that the last couple of weeks, where we’d be up significantly in the morning and sell back off. Or be down significantly in the morning and rally back. We’re probably going to see that pattern continue because besides awaiting the next steps on the infrastructure bill, the market still awaits clarity from the Fed. And even though this bill is exciting, that clarity from the Fed is arguably the big cloud that everything else operates underneath right now as far as the market is concerned.</p>\n<p>For instance, yesterday Kansas City Fed President Esther George said it was time for the central bank to begin pulling back its bond-buying program. There’s been similar language from other Fed officials recently. No single person at the Fed sets policy, but at least a few seem to be chomping at the bit, so to speak, to start tapering.</p>\n<p class=\"t-img-caption\"><img src=\"https://tickertapecdn.tdameritrade.com/assets/images/pages/md/2021-08-12-chart.png\" tg-width=\"780\" tg-height=\"412\" width=\"100%\" height=\"auto\"><span>CHART OF THE DAY: WHAT’S YOUR 50? Though it’s been a while since the S&P 500 Index (SPX—candlestick) suffered a setback, it’s worth noting that mid-month has been tough for it the last few months. That doesn’t mean there’s a selloff ahead, only that you might want to prepare for one if the pattern persists. Assuming things run into trouble, the level to watch is the 50-day moving average (blue line), which currently rests about 3% below the index. That’s pretty much how far things fell in mid-July when the last selloff occurred before the SPX bounced off of that 50-day MA. Data Source: S&P Dow Jones Indices. Chart source: The thinkorswim® platform. For illustrative purposes only. Past performance does not guarantee future results.</span></p>\n<p><b>A Tale Of <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Earnings And Reopening: </b><a href=\"https://laohu8.com/S/TWOA\">Two</a> earnings reports out this week help illustrate how people are still eager to get out of their homes despite Delta variant fears. First,<b> Ebay</b> (NASDAQ:EBAY) gave some muted Q3 guidance because people don’t want to stay home checking online auctions. Then dating site<b> Bumble</b> (NASDAQ:BMBL) did better than expected, also because people want to get out. This can show us two things. First, there’s still a lot of pent-up demand to get back to normal. Number two, EBAY might give us insight into what to expect from other retailers, especially those who rely a lot on digital, when retail earnings season gets underway in earnest next week.</p>\n<p><b>Patience Could Be A Virtue With Infrastructure Stocks: </b>Companies like <b>U.S. Steel </b>(NYSE:X), <b>General Electric</b> (NYSE:GE), and <b>Cleveland-Cliffs</b> (NYSE:CLF) all had a nice bump this week on the Senate’s infrastructure bill passage. But remember, this isn’t something that’s going to hit the economy for a while. If you’re looking longer term as an investor and you want to own these stocks for a few years, that’s probably where the bigger opportunity is. In the shorter term, you could see an initial bump, and then maybe a little bit of a flattening out.</p>\n<p>It could take six or nine months before you actually start to see some shovel-ready projects or even some of the architectural and engineering firms starting to lay all of this out. It is a huge undertaking. Long term, it could have a big impact on some of those companies. But again, it takes a while to get going.<b> </b></p>\n<p><b>Not Enough Gloom For Gold To Shine?</b> The traditional clash between market fundamentalists and chart technicians came to a head over gold at the skirmish zone of $1,670 an ounce range. Why $1,670? For “technical” traders, that price marks the critical 61.8% Fibonacci retracement level. If this makes no sense to you at all, as it is slightly complex for the uninitiated, just assume that it’s nearing the<i> uncle point</i> where either bulls pile in and prevail (which it appears they did), or they flee, dumping their long positions as bears overrun them.</p>\n<p>The $1,670 range was tested twice before, in March, with bulls gaining the upper hand each time. But even that wasn’t enough to stem the tide of “risk-on” sentiment, leading to the fundamental vs technical commotion before yesterday’s Consumer Price Index and today’s Producer Price Index reports—both inflationary gauges; and gold, a traditional inflationary hedge. With not enough gloom to glide gold’s flight, will this week’s inflationary readings cause gold to shine or sizzle?</p>\n<p>TD Ameritrade® commentary for educational purposes only. Member SIPC.</p>\n<p>Image by Alessandro D'Andrea from Pixabay</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>A Three-Prong Crucible? Markets Eye Record Highs Amid Inflation, Fiscal, And Delta Uncertainty</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\">\nA Three-Prong Crucible? Markets Eye Record Highs Amid Inflation, Fiscal, And Delta Uncertainty\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-12 22:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Yesterday the market got behind the Fed’s idea that inflation is transitory after a calm consumer price index (CPI) reading.</p>\n<p>Will that change today after a sizzling producer price index (PPI) reading? Remember that any gains in PPI can often get reflected in CPI down the road as companies react to higher wholesale prices by passing them along to the consumer. And then there’s the other side of the coin—where companies absorb these prices, which can impact margins. Either way, inflation tends to pack a wallop.</p>\n<p>Major indices didn’t immediately react much to a July PPI reading of 1%, which was way above the Wall Street analyst consensus of 0.5%. That followed yesterday’s CPI coming in about as expected and well below the June level. The July PPI was equal to June’s, so that kind of takes a bit of the transitory argument away. Also, core PPI, which strips out volatile energy and food prices, was the same as the headline figure, so there’s no hiding behind that.</p>\n<p>The PPI report is just the start of today’s action. Later on, <b>Disney </b>(NYSE:DIS) steps onto center stage with its earnings report. Focus is likely to be on streaming and whether the Delta variant might slow attendance gains at theme parks and movie theaters. It’s likely DIS executives will be asked how the big jump in Florida cases is affecting the Magic Kingdom in Orlando.</p>\n<p>Weekly jobless claims of 375,000 were more in line with estimates and pretty much down the middle compared with recent numbers. There doesn’t seem to be much improvement going on here, but it’s not getting worse, either. The number probably won’t have much influence today.</p>\n<p>Instead, investors are likely to spend their time trying to make sense of these contrasting inflation indicators, which might explain why major indices initially went nowhere in pre-market trading on the PPI reading. Does this strong PPI give the Fed more reason to begin its tapering earlier than expected, or will the Fed wait for another month of data to try and get more clarity? If history means anything, we can probably bet on option two.</p>\n<h2>Inflationary Showdown Shows Slight Slowdown</h2>\n<p>Wednesday’s Consumer Price Index (CPI) report told investors mostly what they already knew: overall inflation is running hot. But that’s not what the market was keen to focus on. Instead, investors appeared to be looking at the core CPI, which jumped 4.3% year over year as expected but only 0.3% on a monthly basis—a tad less than the 0.4% analysts estimated.</p>\n<p>On top of this, the Fed’s “transitory” narrative suddenly seemed a bit more believable as a slowdown in used car prices likely allayed fears of a monetary sudden-brake shock. Used car prices rose only 0.2% in July, a small bump compared to the prior month’s steep 10% surge.</p>\n<p>But again, this morning’s PPI seems to be at least a partial counterargument to the transitory view. A single month’s data isn’t a trend, but this is certainly <a href=\"https://laohu8.com/S/AONE.U\">one</a> to keep an eye on.</p>\n<p>Following the CPI report, the <b>Dow Jones Industrial Average </b>($DJI) jumped as much as 200 points, with <b>Caterpillar </b>(NYSE:CAT) and <b>Home Depot</b> (NYSE:HD) leading the index, while 10-year Treasury yields stood mostly flat, and “FAANG” stocks slid into negative territory, with the exception of <b>Apple </b>(NASDAQ:AAPL). Could it be that fears of a “too-laid-back” Fed policy are starting to morph into a “just right” Goldilocks scenario?</p>\n<p>Big cyclical sectors like Energy and Financials were already on the upswing this week even before yesterday’s bullish CPI data. Strength in these sectors helped give the blue-chip <b>Dow Jones Industrial Average</b> ($DJI) a lift so far over the other major indices.</p>\n<h2>Small-Caps Still Scuffling</h2>\n<p>So where does that leave small-caps, which are often known for their solid performance during economic recoveries? The small-cap <b>Russell 2000 Index</b> (RUT) is still scuffling a bit, pretty much flat so far this month and well below its 2021 highs. It did rise a bit on Wednesday, but again got outpaced by the $DJI. It’s basically still stuck in a volatile 5-month “rut” despite the strong and steady doses of easy-money policy.</p>\n<p>It might be worth watching to see if RUT can break out of the slow pattern it entered after emerging from its early summer selloff. Which way RUT goes from here might help provide clues about the market as a whole, because RUT can be an early leader up or down.</p>\n<p>Another consideration is where the FAANG stocks go if Treasury yields resume their climb. Remember that earlier this year, rising yields appeared to take a big bite out of the “mega-cap” Tech stocks, with AAPL and<b> Tesla</b> (NASDAQ:TSLA) among that hit hardest. It’s fine to say that Financials and Energy can pick up the slack, but that ignores the fact that the FAANGs—like it or not—comprise about 20% of the value of the SPX. That means any significant setbacks for these huge companies could drag the overall index.</p>\n<p>Since May, mega-cap Techs have been helping pull up the SPX while some of the other sectors struggle. Analysts are talking about how the rally has less “depth,” meaning it’s more dependent on a few big gorillas to keep it going. While yields aren’t in the kind of territory we saw last spring, it’s worth watching that relationship between yields and FAANGs for clues about where the market goes next.</p>\n<p>If inflation growth is actually slowing—and one CPI report isn’t a trend—that could drive optimism that the Fed won’t clamp down right away, perhaps keeping yields from overheating and mega-caps from melting down. Now the PPI report may have people rethinking that. The tug of war continues.</p>\n<h2>The Sweet And The Sour Impact Of Washington</h2>\n<p>Stocks got a nice assist from Congress earlier this week when the Senate passed the infrastructure bill. On the opposite side of the equation, markets seem to be ignoring a debate in Congress over the debt ceiling. Treasury Secretary Janet Yellen encouraged the parties to find a solution, and for now, the thinking on Wall Street seems to be that there will be one. However, that doesn’t mean a smooth process.</p>\n<p>There was eventually a solution in 2011, too, and the U.S. didn’t default on its debt payments. But it did see its credit rating lowered, and stocks took a pounding that summer. We’ll see if Congress can avoid getting to that point this time around. As a reminder, the debt ceiling has been raised numerous times since the 1980s, with both parties voting to do so. The last time was in 2019, under President Trump.</p>\n<p>If the debt ceiling fight starts to ramp up, volatility could eventually return. It’s not really a big factor right now, but don’t be surprised if we see some intraday volatility continue in the coming weeks.</p>\n<p>You saw the beginnings of that the last couple of weeks, where we’d be up significantly in the morning and sell back off. Or be down significantly in the morning and rally back. We’re probably going to see that pattern continue because besides awaiting the next steps on the infrastructure bill, the market still awaits clarity from the Fed. And even though this bill is exciting, that clarity from the Fed is arguably the big cloud that everything else operates underneath right now as far as the market is concerned.</p>\n<p>For instance, yesterday Kansas City Fed President Esther George said it was time for the central bank to begin pulling back its bond-buying program. There’s been similar language from other Fed officials recently. No single person at the Fed sets policy, but at least a few seem to be chomping at the bit, so to speak, to start tapering.</p>\n<p class=\"t-img-caption\"><img src=\"https://tickertapecdn.tdameritrade.com/assets/images/pages/md/2021-08-12-chart.png\" tg-width=\"780\" tg-height=\"412\" width=\"100%\" height=\"auto\"><span>CHART OF THE DAY: WHAT’S YOUR 50? Though it’s been a while since the S&P 500 Index (SPX—candlestick) suffered a setback, it’s worth noting that mid-month has been tough for it the last few months. That doesn’t mean there’s a selloff ahead, only that you might want to prepare for one if the pattern persists. Assuming things run into trouble, the level to watch is the 50-day moving average (blue line), which currently rests about 3% below the index. That’s pretty much how far things fell in mid-July when the last selloff occurred before the SPX bounced off of that 50-day MA. Data Source: S&P Dow Jones Indices. Chart source: The thinkorswim® platform. For illustrative purposes only. Past performance does not guarantee future results.</span></p>\n<p><b>A Tale Of <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Earnings And Reopening: </b><a href=\"https://laohu8.com/S/TWOA\">Two</a> earnings reports out this week help illustrate how people are still eager to get out of their homes despite Delta variant fears. First,<b> Ebay</b> (NASDAQ:EBAY) gave some muted Q3 guidance because people don’t want to stay home checking online auctions. Then dating site<b> Bumble</b> (NASDAQ:BMBL) did better than expected, also because people want to get out. This can show us two things. First, there’s still a lot of pent-up demand to get back to normal. Number two, EBAY might give us insight into what to expect from other retailers, especially those who rely a lot on digital, when retail earnings season gets underway in earnest next week.</p>\n<p><b>Patience Could Be A Virtue With Infrastructure Stocks: </b>Companies like <b>U.S. Steel </b>(NYSE:X), <b>General Electric</b> (NYSE:GE), and <b>Cleveland-Cliffs</b> (NYSE:CLF) all had a nice bump this week on the Senate’s infrastructure bill passage. But remember, this isn’t something that’s going to hit the economy for a while. If you’re looking longer term as an investor and you want to own these stocks for a few years, that’s probably where the bigger opportunity is. In the shorter term, you could see an initial bump, and then maybe a little bit of a flattening out.</p>\n<p>It could take six or nine months before you actually start to see some shovel-ready projects or even some of the architectural and engineering firms starting to lay all of this out. It is a huge undertaking. Long term, it could have a big impact on some of those companies. But again, it takes a while to get going.<b> </b></p>\n<p><b>Not Enough Gloom For Gold To Shine?</b> The traditional clash between market fundamentalists and chart technicians came to a head over gold at the skirmish zone of $1,670 an ounce range. Why $1,670? For “technical” traders, that price marks the critical 61.8% Fibonacci retracement level. If this makes no sense to you at all, as it is slightly complex for the uninitiated, just assume that it’s nearing the<i> uncle point</i> where either bulls pile in and prevail (which it appears they did), or they flee, dumping their long positions as bears overrun them.</p>\n<p>The $1,670 range was tested twice before, in March, with bulls gaining the upper hand each time. But even that wasn’t enough to stem the tide of “risk-on” sentiment, leading to the fundamental vs technical commotion before yesterday’s Consumer Price Index and today’s Producer Price Index reports—both inflationary gauges; and gold, a traditional inflationary hedge. With not enough gloom to glide gold’s flight, will this week’s inflationary readings cause gold to shine or sizzle?</p>\n<p>TD Ameritrade® commentary for educational purposes only. Member SIPC.</p>\n<p>Image by Alessandro D'Andrea from Pixabay</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","CAT":"卡特彼勒","GE":"GE航空航天","BMBL":"Bumble Inc.","HD":"家得宝","EBAY":"eBay","TSLA":"特斯拉","DIS":"迪士尼","CLF":"克利夫兰克里夫","X":"美国钢铁","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158250170","content_text":"Yesterday the market got behind the Fed’s idea that inflation is transitory after a calm consumer price index (CPI) reading.\nWill that change today after a sizzling producer price index (PPI) reading? Remember that any gains in PPI can often get reflected in CPI down the road as companies react to higher wholesale prices by passing them along to the consumer. And then there’s the other side of the coin—where companies absorb these prices, which can impact margins. Either way, inflation tends to pack a wallop.\nMajor indices didn’t immediately react much to a July PPI reading of 1%, which was way above the Wall Street analyst consensus of 0.5%. That followed yesterday’s CPI coming in about as expected and well below the June level. The July PPI was equal to June’s, so that kind of takes a bit of the transitory argument away. Also, core PPI, which strips out volatile energy and food prices, was the same as the headline figure, so there’s no hiding behind that.\nThe PPI report is just the start of today’s action. Later on, Disney (NYSE:DIS) steps onto center stage with its earnings report. Focus is likely to be on streaming and whether the Delta variant might slow attendance gains at theme parks and movie theaters. It’s likely DIS executives will be asked how the big jump in Florida cases is affecting the Magic Kingdom in Orlando.\nWeekly jobless claims of 375,000 were more in line with estimates and pretty much down the middle compared with recent numbers. There doesn’t seem to be much improvement going on here, but it’s not getting worse, either. The number probably won’t have much influence today.\nInstead, investors are likely to spend their time trying to make sense of these contrasting inflation indicators, which might explain why major indices initially went nowhere in pre-market trading on the PPI reading. Does this strong PPI give the Fed more reason to begin its tapering earlier than expected, or will the Fed wait for another month of data to try and get more clarity? If history means anything, we can probably bet on option two.\nInflationary Showdown Shows Slight Slowdown\nWednesday’s Consumer Price Index (CPI) report told investors mostly what they already knew: overall inflation is running hot. But that’s not what the market was keen to focus on. Instead, investors appeared to be looking at the core CPI, which jumped 4.3% year over year as expected but only 0.3% on a monthly basis—a tad less than the 0.4% analysts estimated.\nOn top of this, the Fed’s “transitory” narrative suddenly seemed a bit more believable as a slowdown in used car prices likely allayed fears of a monetary sudden-brake shock. Used car prices rose only 0.2% in July, a small bump compared to the prior month’s steep 10% surge.\nBut again, this morning’s PPI seems to be at least a partial counterargument to the transitory view. A single month’s data isn’t a trend, but this is certainly one to keep an eye on.\nFollowing the CPI report, the Dow Jones Industrial Average ($DJI) jumped as much as 200 points, with Caterpillar (NYSE:CAT) and Home Depot (NYSE:HD) leading the index, while 10-year Treasury yields stood mostly flat, and “FAANG” stocks slid into negative territory, with the exception of Apple (NASDAQ:AAPL). Could it be that fears of a “too-laid-back” Fed policy are starting to morph into a “just right” Goldilocks scenario?\nBig cyclical sectors like Energy and Financials were already on the upswing this week even before yesterday’s bullish CPI data. Strength in these sectors helped give the blue-chip Dow Jones Industrial Average ($DJI) a lift so far over the other major indices.\nSmall-Caps Still Scuffling\nSo where does that leave small-caps, which are often known for their solid performance during economic recoveries? The small-cap Russell 2000 Index (RUT) is still scuffling a bit, pretty much flat so far this month and well below its 2021 highs. It did rise a bit on Wednesday, but again got outpaced by the $DJI. It’s basically still stuck in a volatile 5-month “rut” despite the strong and steady doses of easy-money policy.\nIt might be worth watching to see if RUT can break out of the slow pattern it entered after emerging from its early summer selloff. Which way RUT goes from here might help provide clues about the market as a whole, because RUT can be an early leader up or down.\nAnother consideration is where the FAANG stocks go if Treasury yields resume their climb. Remember that earlier this year, rising yields appeared to take a big bite out of the “mega-cap” Tech stocks, with AAPL and Tesla (NASDAQ:TSLA) among that hit hardest. It’s fine to say that Financials and Energy can pick up the slack, but that ignores the fact that the FAANGs—like it or not—comprise about 20% of the value of the SPX. That means any significant setbacks for these huge companies could drag the overall index.\nSince May, mega-cap Techs have been helping pull up the SPX while some of the other sectors struggle. Analysts are talking about how the rally has less “depth,” meaning it’s more dependent on a few big gorillas to keep it going. While yields aren’t in the kind of territory we saw last spring, it’s worth watching that relationship between yields and FAANGs for clues about where the market goes next.\nIf inflation growth is actually slowing—and one CPI report isn’t a trend—that could drive optimism that the Fed won’t clamp down right away, perhaps keeping yields from overheating and mega-caps from melting down. Now the PPI report may have people rethinking that. The tug of war continues.\nThe Sweet And The Sour Impact Of Washington\nStocks got a nice assist from Congress earlier this week when the Senate passed the infrastructure bill. On the opposite side of the equation, markets seem to be ignoring a debate in Congress over the debt ceiling. Treasury Secretary Janet Yellen encouraged the parties to find a solution, and for now, the thinking on Wall Street seems to be that there will be one. However, that doesn’t mean a smooth process.\nThere was eventually a solution in 2011, too, and the U.S. didn’t default on its debt payments. But it did see its credit rating lowered, and stocks took a pounding that summer. We’ll see if Congress can avoid getting to that point this time around. As a reminder, the debt ceiling has been raised numerous times since the 1980s, with both parties voting to do so. The last time was in 2019, under President Trump.\nIf the debt ceiling fight starts to ramp up, volatility could eventually return. It’s not really a big factor right now, but don’t be surprised if we see some intraday volatility continue in the coming weeks.\nYou saw the beginnings of that the last couple of weeks, where we’d be up significantly in the morning and sell back off. Or be down significantly in the morning and rally back. We’re probably going to see that pattern continue because besides awaiting the next steps on the infrastructure bill, the market still awaits clarity from the Fed. And even though this bill is exciting, that clarity from the Fed is arguably the big cloud that everything else operates underneath right now as far as the market is concerned.\nFor instance, yesterday Kansas City Fed President Esther George said it was time for the central bank to begin pulling back its bond-buying program. There’s been similar language from other Fed officials recently. No single person at the Fed sets policy, but at least a few seem to be chomping at the bit, so to speak, to start tapering.\nCHART OF THE DAY: WHAT’S YOUR 50? Though it’s been a while since the S&P 500 Index (SPX—candlestick) suffered a setback, it’s worth noting that mid-month has been tough for it the last few months. That doesn’t mean there’s a selloff ahead, only that you might want to prepare for one if the pattern persists. Assuming things run into trouble, the level to watch is the 50-day moving average (blue line), which currently rests about 3% below the index. That’s pretty much how far things fell in mid-July when the last selloff occurred before the SPX bounced off of that 50-day MA. Data Source: S&P Dow Jones Indices. Chart source: The thinkorswim® platform. For illustrative purposes only. Past performance does not guarantee future results.\nA Tale Of Two Earnings And Reopening: Two earnings reports out this week help illustrate how people are still eager to get out of their homes despite Delta variant fears. First, Ebay (NASDAQ:EBAY) gave some muted Q3 guidance because people don’t want to stay home checking online auctions. Then dating site Bumble (NASDAQ:BMBL) did better than expected, also because people want to get out. This can show us two things. First, there’s still a lot of pent-up demand to get back to normal. Number two, EBAY might give us insight into what to expect from other retailers, especially those who rely a lot on digital, when retail earnings season gets underway in earnest next week.\nPatience Could Be A Virtue With Infrastructure Stocks: Companies like U.S. Steel (NYSE:X), General Electric (NYSE:GE), and Cleveland-Cliffs (NYSE:CLF) all had a nice bump this week on the Senate’s infrastructure bill passage. But remember, this isn’t something that’s going to hit the economy for a while. If you’re looking longer term as an investor and you want to own these stocks for a few years, that’s probably where the bigger opportunity is. In the shorter term, you could see an initial bump, and then maybe a little bit of a flattening out.\nIt could take six or nine months before you actually start to see some shovel-ready projects or even some of the architectural and engineering firms starting to lay all of this out. It is a huge undertaking. Long term, it could have a big impact on some of those companies. But again, it takes a while to get going. \nNot Enough Gloom For Gold To Shine? The traditional clash between market fundamentalists and chart technicians came to a head over gold at the skirmish zone of $1,670 an ounce range. Why $1,670? For “technical” traders, that price marks the critical 61.8% Fibonacci retracement level. If this makes no sense to you at all, as it is slightly complex for the uninitiated, just assume that it’s nearing the uncle point where either bulls pile in and prevail (which it appears they did), or they flee, dumping their long positions as bears overrun them.\nThe $1,670 range was tested twice before, in March, with bulls gaining the upper hand each time. But even that wasn’t enough to stem the tide of “risk-on” sentiment, leading to the fundamental vs technical commotion before yesterday’s Consumer Price Index and today’s Producer Price Index reports—both inflationary gauges; and gold, a traditional inflationary hedge. With not enough gloom to glide gold’s flight, will this week’s inflationary readings cause gold to shine or sizzle?\nTD Ameritrade® commentary for educational purposes only. Member SIPC.\nImage by Alessandro D'Andrea from Pixabay","news_type":1},"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819513475,"gmtCreate":1630076722497,"gmtModify":1704955666126,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/819513475","repostId":"2162021300","repostType":4,"repost":{"id":"2162021300","kind":"highlight","pubTimestamp":1630076101,"share":"https://www.laohu8.com/m/news/2162021300?lang=&edition=full","pubTime":"2021-08-27 22:55","market":"us","language":"en","title":"These 2 Growth Stocks Have a Feature Warren Buffett Loves","url":"https://stock-news.laohu8.com/highlight/detail?id=2162021300","media":"Motley Fool","summary":"Airbnb and Roblox share this trait that's balance-sheet friendly.","content":"<p>One characteristic that <b><a href=\"https://laohu8.com/S/RBLX\">Roblox Corporation</a> </b>(NYSE:RBLX) and <b><a href=\"https://laohu8.com/S/ABNB\">Airbnb, Inc.</a></b> (NASDAQ:ABNB) have in common is that they both generate \"float.\" In other words, each collects money from customers weeks or months before it provides services. This is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Warren Buffett's favorite traits in a business.</p>\n<p>That could be for a few reasons. For instance, getting money in advance of performing services allows a business to invest in low-risk bonds that earn money it gets to keep.</p>\n<p>Another benefit is that it lowers the risk of doing business. It's less risky to collect money upfront and then spend it to perform services or create products. The alternative would be to spend money to create a product or service that might not find a buyer. Or, if it is sold with payment coming at the end of a service, there is always the small possibility a customer will default on the payment.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F640423%2Fwarren-buffett-1-tmf-2015.jpg&w=700&op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>There's one thing about Roblox and Airbnb that would make Warren Buffett smile. Image source: The Motley Fool</p>\n<h2>Roblox</h2>\n<p>Roblox is a gaming platform that is free to join and makes money by letting users buy premium items and experiences on the site. Outside developers create those items and experiences, which Roblox pays them for as users engage with their creations. Before players can spend money on Roblox, they need to purchase an in-game currency called Robux. The difference in timing between when players buy Robux and when they spend it is how the float is created.</p>\n<p>The company breaks down two categories of spending on its site: durable virtual items and consumable virtual items. You can think of a durable virtual item as a custom hat that a player purchases to equip an avatar, and a consumable item as a turbo boost that allows your avatar to run faster for 48 hours. The latter is revenue recognized at the time of purchase and so the developer needs to be paid in that same month. The former is revenue that is recognized over 24 months. Therefore, even though a player spends the money on Roblox that month, the company spreads out payment to developers over 24 months.</p>\n<p>Interestingly, 88% of the money spent on Roblox is for durable virtual items. That's allowed Roblox to reach $1.5 billion in deferred revenue at the end of the latest quarter, ended June 30, which is money received for services not yet rendered. To put that figure into context, Roblox earned $454 million in actual revenue in the same quarter. And so Roblox has been paid upfront three times the size of its revenue.</p>\n<h2>Airbnb</h2>\n<p>Airbnb is a global facilitator of travel. It brings together guests who are looking to go somewhere and hosts with a place to offer. Airbnb makes its money by charging a service fee. It is happy to render part of those services by collecting payments from guests and holding them on behalf of hosts.</p>\n<p>That figure rose to $6.3 billion in the most recent quarter, ended June 30, while revenue was $1.3 billion. Folks usually make reservations for trips weeks or months in advance, and that is money Airbnb gets to earn interest on in the meantime. Indeed, the company earned an interest income of $2.9 million in the second quarter.</p>\n<h2>The investor takeaway</h2>\n<p>Generating float is inherently built into the business models at Roblox and Airbnb. As the companies grow, so will the amount of float they generate. And if interest rates increase, each will earn more money on interest income. Meanwhile, it lowers risk since the companies only perform services they have been paid for.</p>\n<p>While there are no doubt other important features in stocks Warren Buffett likes to buy, Roblox and Airbnb both have at least one he gravitates toward: float.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 2 Growth Stocks Have a Feature Warren Buffett Loves</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\">\nThese 2 Growth Stocks Have a Feature Warren Buffett Loves\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 22:55 GMT+8 <a href=https://www.fool.com/investing/2021/08/27/these-2-growth-stocks-have-a-feature-warren-buffet/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One characteristic that Roblox Corporation (NYSE:RBLX) and Airbnb, Inc. (NASDAQ:ABNB) have in common is that they both generate \"float.\" In other words, each collects money from customers weeks or ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/27/these-2-growth-stocks-have-a-feature-warren-buffet/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBLX":"Roblox Corporation","ABNB":"爱彼迎"},"source_url":"https://www.fool.com/investing/2021/08/27/these-2-growth-stocks-have-a-feature-warren-buffet/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162021300","content_text":"One characteristic that Roblox Corporation (NYSE:RBLX) and Airbnb, Inc. (NASDAQ:ABNB) have in common is that they both generate \"float.\" In other words, each collects money from customers weeks or months before it provides services. This is one of Warren Buffett's favorite traits in a business.\nThat could be for a few reasons. For instance, getting money in advance of performing services allows a business to invest in low-risk bonds that earn money it gets to keep.\nAnother benefit is that it lowers the risk of doing business. It's less risky to collect money upfront and then spend it to perform services or create products. The alternative would be to spend money to create a product or service that might not find a buyer. Or, if it is sold with payment coming at the end of a service, there is always the small possibility a customer will default on the payment.\n\nThere's one thing about Roblox and Airbnb that would make Warren Buffett smile. Image source: The Motley Fool\nRoblox\nRoblox is a gaming platform that is free to join and makes money by letting users buy premium items and experiences on the site. Outside developers create those items and experiences, which Roblox pays them for as users engage with their creations. Before players can spend money on Roblox, they need to purchase an in-game currency called Robux. The difference in timing between when players buy Robux and when they spend it is how the float is created.\nThe company breaks down two categories of spending on its site: durable virtual items and consumable virtual items. You can think of a durable virtual item as a custom hat that a player purchases to equip an avatar, and a consumable item as a turbo boost that allows your avatar to run faster for 48 hours. The latter is revenue recognized at the time of purchase and so the developer needs to be paid in that same month. The former is revenue that is recognized over 24 months. Therefore, even though a player spends the money on Roblox that month, the company spreads out payment to developers over 24 months.\nInterestingly, 88% of the money spent on Roblox is for durable virtual items. That's allowed Roblox to reach $1.5 billion in deferred revenue at the end of the latest quarter, ended June 30, which is money received for services not yet rendered. To put that figure into context, Roblox earned $454 million in actual revenue in the same quarter. And so Roblox has been paid upfront three times the size of its revenue.\nAirbnb\nAirbnb is a global facilitator of travel. It brings together guests who are looking to go somewhere and hosts with a place to offer. Airbnb makes its money by charging a service fee. It is happy to render part of those services by collecting payments from guests and holding them on behalf of hosts.\nThat figure rose to $6.3 billion in the most recent quarter, ended June 30, while revenue was $1.3 billion. Folks usually make reservations for trips weeks or months in advance, and that is money Airbnb gets to earn interest on in the meantime. Indeed, the company earned an interest income of $2.9 million in the second quarter.\nThe investor takeaway\nGenerating float is inherently built into the business models at Roblox and Airbnb. As the companies grow, so will the amount of float they generate. And if interest rates increase, each will earn more money on interest income. Meanwhile, it lowers risk since the companies only perform services they have been paid for.\nWhile there are no doubt other important features in stocks Warren Buffett likes to buy, Roblox and Airbnb both have at least one he gravitates toward: float.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834225805,"gmtCreate":1629808577407,"gmtModify":1633682306405,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"Alright ","listText":"Alright ","text":"Alright","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/834225805","repostId":"2161085167","repostType":4,"repost":{"id":"2161085167","kind":"highlight","pubTimestamp":1629807940,"share":"https://www.laohu8.com/m/news/2161085167?lang=&edition=full","pubTime":"2021-08-24 20:25","market":"us","language":"en","title":"Is Now the Time to Buy the Dip on Vimeo Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2161085167","media":"Motley Fool","summary":"Shares are down 40% in less than three months.","content":"<p>Although the <b>S&P 500</b> has gained 18% year to date, many high-growth software and technology stocks have taken a tumble over the past few months. One of these stocks is <b><a href=\"https://laohu8.com/S/VMEO\">Vimeo Inc.</a> </b>(NASDAQ:VMEO), a recent spinoff from the media conglomerate <b>InterActiveCorp</b> that sells video software solutions to individuals and businesses. Shares are down around 40% from its spinoff price in May, even after putting up another strong earnings report.</p>\n<p>Is it time to buy the dip on Vimeo stock?</p>\n<p><img src=\"https://static.tigerbbs.com/1782efbb6aed7d1f9fcae7f2b29e0b03\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Great Q2 numbers, with a July slowdown</h2>\n<p>Building off of the momentum from the work-from-home boom, Vimeo's video subscriptions continue to gain traction. Revenue grew 43% year over year to $96 million in the quarter. This came from a 17% growth in subscribers to 1.62 million and an 18% growth in average revenue per user (ARPU) to 18%. Vimeo's gross margin saw strong expansion in Q2, growing from 66% last year to 73% this year. This led gross profit to grow faster than revenue in the period, up 58% year over year.</p>\n<p>Vimeo's stock dropped after the report, and <a href=\"https://laohu8.com/S/AONE.U\">one</a> reason for that may have been the numbers it gave for July (the month after the end of Q2). Revenue growth in the period decelerated to 35% and slowed down in the last four months. This is not detrimental to Vimeo, and is a normal path for a company that is scaling its revenue base, but investors are still not happy to see revenue growth trending in the wrong direction. However, these numbers are still in line with Vimeo's five-year target of 30%+ annual revenue growth.</p>\n<h2>Growth in enterprise customers</h2>\n<p>Vimeo's biggest push right now is selling its products to enterprises, which it just launched two years ago. Enterprise revenue grew 80% year over year in the quarter, and the company signed big contracts with companies like <a href=\"https://laohu8.com/S/RL\">Ralph Lauren</a>, <b><a href=\"https://laohu8.com/S/EXPE\">Expedia</a></b>, and <b>AT&T</b>. The company also launched new products for enterprise customers, including Vimeo Library, a centralized hub for company videos with searchability, automatic transcription, and customizable permissions.</p>\n<p>On the conference call, management mentioned that over 250 enterprises have started using Vimeo Library since its launch in June. It also launched automatic video recordings with <b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video <a href=\"https://laohu8.com/S/JCS\">Communications</a></b> that can integrate into these employee libraries. Lastly, it has a new screen recording product called Vimeo Record, which can be useful for employee training and tutorials, especially when operating remotely. It is still early days for Vimeo's enterprise offerings, but if it can keep putting up 80% sales growth, the segment will become a bigger part of the overall business every quarter.</p>\n<h2>Long-term growth targets</h2>\n<p>On its investor day before the spinoff, Vimeo management laid out its financial goals over the next five years. Its main target is 30%+ annual revenue growth, which it hopes can come equally from subscriber growth and ARPU growth. It also thinks it can get to 75% gross margin, which it got close to achieving this quarter.</p>\n<p>Now, investors shouldn't think 30% revenue growth is guaranteed, but if Vimeo can compound sales at 30% over the next five years, it will hit around $1.28 billion in annual revenue. With a 75% gross margin, that would be $960 million in annual gross profit. Those are a lot of assumptions, but if it can translate those gross margins into high levels of profits and cash flow, Vimeo's market cap of $5.3 billion could look cheap five-plus years from now.</p>\n<h2>Should you buy the dip?</h2>\n<p>Even after the sharp drop in share price, Vimeo stock still trades at a healthy price-to-sales ratio (P/S) of 15.4 when looking at its trailing-12-month revenue. This expensive valuation could work out fine in the long run if you believe Vimeo can meet or exceed its sales growth target of 30%. However, it looks like there is a lot of future growth already priced into the stock. Therefore, it's still probably smart to stay away from this stock -- at least for now -- if you're not confident in Vimeo's ability to grow sales from here.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Now the Time to Buy the Dip on Vimeo Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ 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\">\nIs Now the Time to Buy the Dip on Vimeo Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 20:25 GMT+8 <a href=https://www.fool.com/investing/2021/08/24/is-now-the-time-to-buy-the-dip-on-vimeo-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Although the S&P 500 has gained 18% year to date, many high-growth software and technology stocks have taken a tumble over the past few months. One of these stocks is Vimeo Inc. (NASDAQ:VMEO), a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/24/is-now-the-time-to-buy-the-dip-on-vimeo-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VMEO":"Vimeo Inc."},"source_url":"https://www.fool.com/investing/2021/08/24/is-now-the-time-to-buy-the-dip-on-vimeo-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2161085167","content_text":"Although the S&P 500 has gained 18% year to date, many high-growth software and technology stocks have taken a tumble over the past few months. One of these stocks is Vimeo Inc. (NASDAQ:VMEO), a recent spinoff from the media conglomerate InterActiveCorp that sells video software solutions to individuals and businesses. Shares are down around 40% from its spinoff price in May, even after putting up another strong earnings report.\nIs it time to buy the dip on Vimeo stock?\n\nImage source: Getty Images.\nGreat Q2 numbers, with a July slowdown\nBuilding off of the momentum from the work-from-home boom, Vimeo's video subscriptions continue to gain traction. Revenue grew 43% year over year to $96 million in the quarter. This came from a 17% growth in subscribers to 1.62 million and an 18% growth in average revenue per user (ARPU) to 18%. Vimeo's gross margin saw strong expansion in Q2, growing from 66% last year to 73% this year. This led gross profit to grow faster than revenue in the period, up 58% year over year.\nVimeo's stock dropped after the report, and one reason for that may have been the numbers it gave for July (the month after the end of Q2). Revenue growth in the period decelerated to 35% and slowed down in the last four months. This is not detrimental to Vimeo, and is a normal path for a company that is scaling its revenue base, but investors are still not happy to see revenue growth trending in the wrong direction. However, these numbers are still in line with Vimeo's five-year target of 30%+ annual revenue growth.\nGrowth in enterprise customers\nVimeo's biggest push right now is selling its products to enterprises, which it just launched two years ago. Enterprise revenue grew 80% year over year in the quarter, and the company signed big contracts with companies like Ralph Lauren, Expedia, and AT&T. The company also launched new products for enterprise customers, including Vimeo Library, a centralized hub for company videos with searchability, automatic transcription, and customizable permissions.\nOn the conference call, management mentioned that over 250 enterprises have started using Vimeo Library since its launch in June. It also launched automatic video recordings with Zoom Video Communications that can integrate into these employee libraries. Lastly, it has a new screen recording product called Vimeo Record, which can be useful for employee training and tutorials, especially when operating remotely. It is still early days for Vimeo's enterprise offerings, but if it can keep putting up 80% sales growth, the segment will become a bigger part of the overall business every quarter.\nLong-term growth targets\nOn its investor day before the spinoff, Vimeo management laid out its financial goals over the next five years. Its main target is 30%+ annual revenue growth, which it hopes can come equally from subscriber growth and ARPU growth. It also thinks it can get to 75% gross margin, which it got close to achieving this quarter.\nNow, investors shouldn't think 30% revenue growth is guaranteed, but if Vimeo can compound sales at 30% over the next five years, it will hit around $1.28 billion in annual revenue. With a 75% gross margin, that would be $960 million in annual gross profit. Those are a lot of assumptions, but if it can translate those gross margins into high levels of profits and cash flow, Vimeo's market cap of $5.3 billion could look cheap five-plus years from now.\nShould you buy the dip?\nEven after the sharp drop in share price, Vimeo stock still trades at a healthy price-to-sales ratio (P/S) of 15.4 when looking at its trailing-12-month revenue. This expensive valuation could work out fine in the long run if you believe Vimeo can meet or exceed its sales growth target of 30%. However, it looks like there is a lot of future growth already priced into the stock. Therefore, it's still probably smart to stay away from this stock -- at least for now -- if you're not confident in Vimeo's ability to grow sales from here.","news_type":1},"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893625905,"gmtCreate":1628260441207,"gmtModify":1633752147703,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/893625905","repostId":"2157649395","repostType":4,"repost":{"id":"2157649395","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":1628259051,"share":"https://www.laohu8.com/m/news/2157649395?lang=&edition=full","pubTime":"2021-08-06 22:10","market":"us","language":"en","title":"Dollar jumps on jobs report to highest this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2157649395","media":"Reuters","summary":"Jobs report adds to dollar gains for the week.\nDollar index up nearly 0.5% on the day.\nEuro down 0.5","content":"<ul>\n <li>Jobs report adds to dollar gains for the week.</li>\n <li>Dollar index up nearly 0.5% on the day.</li>\n <li>Euro down 0.5% vs dollar.</li>\n <li>Dollar rises above 110 yen.</li>\n</ul>\n<p>NEW YORK/LONDON, Aug 6 (Reuters) - The dollar doubled an earlier gain on Friday after a U.S. government report showed jobs grew more than expected, pushing up bond yields and adding to arguments for faster tightening of U.S. monetary policy.</p>\n<p>The dollar index against major currencies was up 0.49% to 92.678 at 9:52 a.m. ET (1352 GMT).</p>\n<p>The report showed that nonfarm payrolls increased by 943,000 jobs in July. Economists polled by Reuters had forecast a gain of 870,000.</p>\n<p>The news rekindled dollar momentum from midweek when Federal Reserve Vice Chair Richard Clarida suggested that conditions for hiking interest rates might be met as soon as late 2022.</p>\n<p>Fed officials have said that improving employment is critical to when they begin to pull back further on extra support the provided for the economy in the pandemic.</p>\n<p>Clarida's remarks lifted Treasury yields after five weeks of declines while \"real\" yields, excluding inflation, are set to snap a six-week streak of declines .</p>\n<p>The yield on the 10-year Treasury note reached as high as 1.29%, up from 1.179% on Monday.</p>\n<p>Against the euro, the dollar rose to $1.1772, up 0.5%. The euro was pressured earlier in the day by weaker-than-expected German industrial orders data.</p>\n<p>The greenback rose to 110.25 Japanese yen.</p>\n<p>The British pound fell 0.3% to $1.3888.</p>\n<p>Expectations for a strong set of U.S. jobs numbers had been heightened somewhat on Thursday when initial claims for state unemployment benefits fell by 14,000 to 385,000 in the week ended July 31.</p>\n<p>Analysts have cautioned that the markets will be looking for more evidence that U.S. yields are going significantly higher again. Friday's yield was still nearly a half percentage point lower than at the end of March.</p>\n<p>Reactions to the monthly jobs reports have changed more often than not this year in the days after the data was released, strategists at Wells Fargo Securities found when they looked at yields on 10-year Treasuries.</p>\n<p>Big moves in exchange rates are unlikely until Federal Reserve officials make clear they are ready to lead other central banks in pulling back economic support, said Joseph Trevisani, senior analyst at fxstreet.com.</p>\n<p>\"The Fed is pumping far more money into the U.S. economy and, by diffusion, to the rest of the world than anybody else,\" Trevisani said.</p>\n<p>Markets will next be watching for comments from Fed policymakers at the end of month at a symposium of central bankers in Jackson Hole, Wyoming.</p>\n<p>A recent Reuters poll of strategists showed most predicting a dollar fall over the next year.</p>\n<p>\"We're in the phase in the business cycle where growth and global trade are going to remain relatively solid, and that's going to provide some downside bias for the dollar,\" said Vasilieos Gkionakis, global head of FX strategy at Lombard Odier Group.</p>\n<p>(Reporting by David Henry in New York, Sujata Rao and Ritvik Carvalho in London and Tom Westbrook in Singapore; Editing by Timothy Heritage, Emelia Sithole-Matarise and Andrew Heavens)</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>Dollar jumps on jobs report to highest this week</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\">\nDollar jumps on jobs report to highest this week\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\">2021-08-06 22:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Jobs report adds to dollar gains for the week.</li>\n <li>Dollar index up nearly 0.5% on the day.</li>\n <li>Euro down 0.5% vs dollar.</li>\n <li>Dollar rises above 110 yen.</li>\n</ul>\n<p>NEW YORK/LONDON, Aug 6 (Reuters) - The dollar doubled an earlier gain on Friday after a U.S. government report showed jobs grew more than expected, pushing up bond yields and adding to arguments for faster tightening of U.S. monetary policy.</p>\n<p>The dollar index against major currencies was up 0.49% to 92.678 at 9:52 a.m. ET (1352 GMT).</p>\n<p>The report showed that nonfarm payrolls increased by 943,000 jobs in July. Economists polled by Reuters had forecast a gain of 870,000.</p>\n<p>The news rekindled dollar momentum from midweek when Federal Reserve Vice Chair Richard Clarida suggested that conditions for hiking interest rates might be met as soon as late 2022.</p>\n<p>Fed officials have said that improving employment is critical to when they begin to pull back further on extra support the provided for the economy in the pandemic.</p>\n<p>Clarida's remarks lifted Treasury yields after five weeks of declines while \"real\" yields, excluding inflation, are set to snap a six-week streak of declines .</p>\n<p>The yield on the 10-year Treasury note reached as high as 1.29%, up from 1.179% on Monday.</p>\n<p>Against the euro, the dollar rose to $1.1772, up 0.5%. The euro was pressured earlier in the day by weaker-than-expected German industrial orders data.</p>\n<p>The greenback rose to 110.25 Japanese yen.</p>\n<p>The British pound fell 0.3% to $1.3888.</p>\n<p>Expectations for a strong set of U.S. jobs numbers had been heightened somewhat on Thursday when initial claims for state unemployment benefits fell by 14,000 to 385,000 in the week ended July 31.</p>\n<p>Analysts have cautioned that the markets will be looking for more evidence that U.S. yields are going significantly higher again. Friday's yield was still nearly a half percentage point lower than at the end of March.</p>\n<p>Reactions to the monthly jobs reports have changed more often than not this year in the days after the data was released, strategists at Wells Fargo Securities found when they looked at yields on 10-year Treasuries.</p>\n<p>Big moves in exchange rates are unlikely until Federal Reserve officials make clear they are ready to lead other central banks in pulling back economic support, said Joseph Trevisani, senior analyst at fxstreet.com.</p>\n<p>\"The Fed is pumping far more money into the U.S. economy and, by diffusion, to the rest of the world than anybody else,\" Trevisani said.</p>\n<p>Markets will next be watching for comments from Fed policymakers at the end of month at a symposium of central bankers in Jackson Hole, Wyoming.</p>\n<p>A recent Reuters poll of strategists showed most predicting a dollar fall over the next year.</p>\n<p>\"We're in the phase in the business cycle where growth and global trade are going to remain relatively solid, and that's going to provide some downside bias for the dollar,\" said Vasilieos Gkionakis, global head of FX strategy at Lombard Odier Group.</p>\n<p>(Reporting by David Henry in New York, Sujata Rao and Ritvik Carvalho in London and Tom Westbrook in Singapore; Editing by Timothy Heritage, Emelia Sithole-Matarise and Andrew Heavens)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FXC":"加元ETF-CurrencyShares","FXE":"欧元做多ETF-CurrencyShares","FXY":"日元ETF-CurrencyShares","FXA":"澳元ETF-CurrencyShares","EUO":"欧元ETF-ProShares两倍做空","FXB":"英镑ETF-CurrencyShares","YCS":"日元ETF-ProShares两倍做空"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157649395","content_text":"Jobs report adds to dollar gains for the week.\nDollar index up nearly 0.5% on the day.\nEuro down 0.5% vs dollar.\nDollar rises above 110 yen.\n\nNEW YORK/LONDON, Aug 6 (Reuters) - The dollar doubled an earlier gain on Friday after a U.S. government report showed jobs grew more than expected, pushing up bond yields and adding to arguments for faster tightening of U.S. monetary policy.\nThe dollar index against major currencies was up 0.49% to 92.678 at 9:52 a.m. ET (1352 GMT).\nThe report showed that nonfarm payrolls increased by 943,000 jobs in July. Economists polled by Reuters had forecast a gain of 870,000.\nThe news rekindled dollar momentum from midweek when Federal Reserve Vice Chair Richard Clarida suggested that conditions for hiking interest rates might be met as soon as late 2022.\nFed officials have said that improving employment is critical to when they begin to pull back further on extra support the provided for the economy in the pandemic.\nClarida's remarks lifted Treasury yields after five weeks of declines while \"real\" yields, excluding inflation, are set to snap a six-week streak of declines .\nThe yield on the 10-year Treasury note reached as high as 1.29%, up from 1.179% on Monday.\nAgainst the euro, the dollar rose to $1.1772, up 0.5%. The euro was pressured earlier in the day by weaker-than-expected German industrial orders data.\nThe greenback rose to 110.25 Japanese yen.\nThe British pound fell 0.3% to $1.3888.\nExpectations for a strong set of U.S. jobs numbers had been heightened somewhat on Thursday when initial claims for state unemployment benefits fell by 14,000 to 385,000 in the week ended July 31.\nAnalysts have cautioned that the markets will be looking for more evidence that U.S. yields are going significantly higher again. Friday's yield was still nearly a half percentage point lower than at the end of March.\nReactions to the monthly jobs reports have changed more often than not this year in the days after the data was released, strategists at Wells Fargo Securities found when they looked at yields on 10-year Treasuries.\nBig moves in exchange rates are unlikely until Federal Reserve officials make clear they are ready to lead other central banks in pulling back economic support, said Joseph Trevisani, senior analyst at fxstreet.com.\n\"The Fed is pumping far more money into the U.S. economy and, by diffusion, to the rest of the world than anybody else,\" Trevisani said.\nMarkets will next be watching for comments from Fed policymakers at the end of month at a symposium of central bankers in Jackson Hole, Wyoming.\nA recent Reuters poll of strategists showed most predicting a dollar fall over the next year.\n\"We're in the phase in the business cycle where growth and global trade are going to remain relatively solid, and that's going to provide some downside bias for the dollar,\" said Vasilieos Gkionakis, global head of FX strategy at Lombard Odier Group.\n(Reporting by David Henry in New York, Sujata Rao and Ritvik Carvalho in London and Tom Westbrook in Singapore; Editing by Timothy Heritage, Emelia Sithole-Matarise and Andrew Heavens)","news_type":1},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834225576,"gmtCreate":1629808631395,"gmtModify":1633682306183,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/834225576","repostId":"1183629667","repostType":4,"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819515217,"gmtCreate":1630076882439,"gmtModify":1704955673219,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/819515217","repostId":"2162029756","repostType":4,"repost":{"id":"2162029756","kind":"news","pubTimestamp":1630075622,"share":"https://www.laohu8.com/m/news/2162029756?lang=&edition=full","pubTime":"2021-08-27 22:47","market":"us","language":"en","title":"5 Stocks to Buy From Top Performing S&P 500 Finance Sector","url":"https://stock-news.laohu8.com/highlight/detail?id=2162029756","media":"Zacks","summary":"With the S&P 500 Index close to hitting 4,500, it is the time to take a look at its top performing s","content":"<p>With the <a href=\"https://laohu8.com/S/.SPX\">S&P 500</a> Index close to hitting 4,500, it is the time to take a look at its top performing sector – Financial Services. Performance of the S&P 500 Financials Sector Index, with a year-to-date return of 30.3%, is turning out to be impressive. Over the same time frame, S&P 500 Index has rallied 19%.</p>\n<p>This also indicates a significant turnaround for the S&P 500 Financials Sector Index, which had lost 4.1% last year amid the coronavirus pandemic and resultant economic mayhem. The pandemic halted business activities globally and locked people indoors for months as government imposed stay-at-home orders.</p>\n<p>While these efforts were able to contain the spread of virus to some extent, it proved harmful for the economy. As a result, the U.S. economy contracted 3.5% in 2020.</p>\n<p>Nevertheless, the country’s economy is firing all cylinders now, with real gross domestic product (GDP) having increased at the rate of 6.3% and 6.6% in the first and second quarters of 2021, respectively. This was largely driven by continued recovery and reopening of economy, and constant government support pertaining to the COVID-19 pandemic.</p>\n<p>As the finance sector’s health is directly related to that of the economy, it is among the biggest beneficiaries. Further, the Federal Reserve officials project the U.S. economy to grow at a rate of 7% this year.</p>\n<p>Apart from this, the central bank has been signaling sooner-than-expected interest rate hike. In June FOMC meeting, the officials had pointed out in their so-called “dot-plot” that there might be two rate hikes by 2023-end.</p>\n<p>The finance sector is, thus, expected to continue performing well this year and beyond, though the low interest rate environment will put pressure on its financials in the near term.</p>\n<p>So, this is the right time to add a few finance stocks to your investment portfolio that will help generate healthy returns going forward.</p>\n<h3>5 Best Bets From Finance Sector</h3>\n<p>It is very difficult to zero in on a handful of finance stocks from the vast universe of stocks. Hence, with the help of the Zacks Stock Screener, we have narrowed down to those stocks that have outperformed the S&P 500 so far this year and have earnings growth projections of more than 10% for 2021.</p>\n<p>Apart from presently carrying a Zacks Rank #2 (Buy), these stocks have a market capitalization in excess of $15 billion.</p>\n<p>Based on the above-mentioned criteria, we have chosen <b><a href=\"https://laohu8.com/S/MCO\">Moody's</a></b>, <b><a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>, Inc.</b>, <b><a href=\"https://laohu8.com/S/RJF\">Raymond James</a> Financial, Inc.</b>, <b><a href=\"https://laohu8.com/S/MET\">MetLife</a>, Inc. </b>and <b><a href=\"https://laohu8.com/S/TROW\">T. Rowe Price</a> Group, Inc.</b></p>\n<p>Before we proceed further to check these stocks’ fundamental strengths and prospects, let’s take a look at the chart showing the share price movement of these companies so far this year.</p>\n<p><img src=\"https://s.yimg.com/uu/api/res/1.2/49.WTk5QDbqse86i8eU4VA--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/a09366edd063735ba14b0a64305ff319\" tg-width=\"620\" tg-height=\"270\" referrerpolicy=\"no-referrer\">Image Source: Zacks Investment Research</p>\n<h3>Moody’s</h3>\n<p>As a leading provider of credit ratings, research, data & analytical tools and software solutions & related risk management services, Moody’s is expected to continue benefiting from its business expansion efforts and solid bond issuance volumes.</p>\n<p>Moody’s made several strategic acquisitions, which has provided it with increased scale and cross-selling opportunities across products and vertical markets. In August, the company inked a $2 billion cash deal to buy climate risk modeling firm, RMS. In March and January this year, the company concluded the buyouts of Cortera and Catylist Inc., respectively.</p>\n<p>These, along with other strategic buyouts over the years, are expected to be accretive to the company’s earnings. It is well positioned for growth on the back of its dominant position in the credit rating industry and constant efforts to diversify the revenue base. Moody’s projects revenues for the current year to increase in the low-double-digit percent range.</p>\n<p>Following solid first-half 2021 performance and consequent to the announcement of the proposed RMS deal, Moody’s 2021 GAAP earnings per share is now projected to be $10.90-$11.20, while earlier it was estimated to be in the $10.95-$11.25 range. Adjusted earnings per share outlook remains in the range of $11.55-$11.85.</p>\n<p>With a market cap of $70.1 billion, the company’s earnings are expected to grow 17% year over year for 2021. The stock has rallied 29.3% in the year-to-date period.</p>\n<h3>Nasdaq</h3>\n<p>As a leading provider of trading, clearing, marketplace technology, regulatory, securities listing, information and public and private company services, Nasdaq remains focused on growth through opportunistic buyouts and organic initiatives. These enable it enter and cross-sell into new markets at a low-cost and highly-flexible platform.</p>\n<p>Nasdaq has grown meaningfully over the years through a number of strategic expansions. Further, in its bid to evolve as a leading SaaS technology provider, it acquired Verafin this February. These deals have helped the company gain direct access to several global equities market, expand its technology offering and be accretive to its results.</p>\n<p>Nasdaq remains focused on boosting growth via organic means and also constantly reviews its businesses to augment/diversify the top line. The company is on track regarding its goals of maximizing opportunities as an innovative analytics and technology partner in the capital markets, develop and deploy marketplace economy technology strategy and consolidate competitive edge in its core operations.</p>\n<p>The company is also accelerating growth at its non-trading revenue base. Nasdaq projects 5-8% revenue organic growth at Investment Intelligence, 8-11% at Market Technology and 3-5% at Corporate Platforms over medium term.</p>\n<p>Nasdaq has a market cap of $32 billion. So far this year, the stock has jumped 44%. The company’s earnings are expected to grow 18.8% for the current year.</p>\n<h3>Raymond James</h3>\n<p>Inorganic expansion initiatives and strong balance sheet will continue to support Raymond James’ revenues in the quarters ahead. As a diversified financial service provider, the company has been expanding its footprint globally.</p>\n<p>In an intensely competitive operating environment, most of Raymond James’ businesses are performing relatively well. The company’s Private Client Group (PCG) segment, the largest revenue garner, is getting support from the acquisition of U.S. Private Client Services unit of Deutsche Asset & Wealth Management in 2016, which added a significant amount of client assets to its balance sheet.</p>\n<p>Given a strong liquidity position, Raymond James has accomplished several strategic deals over the past few years. In May 2021, the company inked a deal to acquire Cebile Capital, while in March, it acquired a boutique investment bank, Financo. Also, it is expanded into Europe and Canada with the help of opportunistic buyouts. Management looks forward to actively growing through acquisitions with an aim to further strengthen its PCG and Asset Management segments.</p>\n<p>With a market cap of $18.9 billion, the company’s earnings are expected to surge 64.5% for fiscal 2021. The stock has jumped 45.9% in the year-to-date period.</p>\n<h3>MetLife</h3>\n<p>As a provider of life insurance and other related services, MetLife has strong international presence. Despite the low interest rate environment, the company is witnessing rise in net investment income, driven by its private equity investments. For 2021, the company anticipates a variable investment income of $1.2-$1.4 billion, on the assumption that private equity will remain strong.</p>\n<p>MetLife constantly streamlines its business lines, moving away from operations that do not create value. In June, it announced sale of its wholly-owned subsidiaries in Poland and Greece, while this April, the company closed the sale of MetLife Auto & <a href=\"https://laohu8.com/S/HBCP\">Home</a>. These, along with other similar initiatives, over the past few years, will transform MetLife into a company with less volatility and help generate more free cash flow over the long term.</p>\n<p>Also, MetLife is growing through acquisitions, which is leading to business diversification. In January, it concluded the deal to acquire Versant Health for $1.7 billion, making it the third largest vision care provider in the <a href=\"https://laohu8.com/S/UBNK\">United</a> States. The company has forayed into the pet insurance space with the buyout of PetFirst.</p>\n<p>MetLife has a market cap of $53.5 billion. The stock has rallied 31.6% so far this year. The company’s earnings are expected to grow 29.6% for 2021.</p>\n<h3>T. Rowe Price</h3>\n<p>Organic growth remains a key strength for T. Rowe Price, as reflected by its revenue growth story. The company remains focused on fortifying business through several planned initiatives largely tied with launching new investment strategies and vehicles, enhancing client engagement capabilities in each distribution channels, strengthening distribution channel across its footprint.</p>\n<p>As a global investment management firm, T. Rowe Price has been able to sustain earnings supported by its diverse business model. Going forward, the mix shift toward international growth funds is also expected to help increase both revenue and investment management margin of the company. For the five-year period, ended Jun 30, 2021, 82% of the T. Rowe Price mutual funds assets under management throughout the share classes outperformed <a href=\"https://laohu8.com/S/MORN\">Morningstar</a> median on a total return basis, while 79% surpassed passive peer median.</p>\n<p>T. Rowe Price remains debt-free with substantial liquidity, which includes total cash and investments of $7.48 billion as of Jun 30, 2021. This has aided in strengthening the company’s capital leverage.</p>\n<p>In the year-to-date period, the stock has surged 44.3%. With a market cap of $49.8 billion, the company’s earnings are expected to increase 34.8% for the current year.</p>","source":"yahoofinance","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>5 Stocks to Buy From Top Performing S&P 500 Finance Sector</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\">\n5 Stocks to Buy From Top Performing S&P 500 Finance Sector\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 22:47 GMT+8 <a href=https://finance.yahoo.com/news/5-stocks-buy-top-performing-124612139.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the S&P 500 Index close to hitting 4,500, it is the time to take a look at its top performing sector – Financial Services. Performance of the S&P 500 Financials Sector Index, with a year-to-date ...</p>\n\n<a href=\"https://finance.yahoo.com/news/5-stocks-buy-top-performing-124612139.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","MCO":"穆迪","MET":"大都会人寿","RJF":"瑞杰金融","TROW":"普信集团"},"source_url":"https://finance.yahoo.com/news/5-stocks-buy-top-performing-124612139.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2162029756","content_text":"With the S&P 500 Index close to hitting 4,500, it is the time to take a look at its top performing sector – Financial Services. Performance of the S&P 500 Financials Sector Index, with a year-to-date return of 30.3%, is turning out to be impressive. Over the same time frame, S&P 500 Index has rallied 19%.\nThis also indicates a significant turnaround for the S&P 500 Financials Sector Index, which had lost 4.1% last year amid the coronavirus pandemic and resultant economic mayhem. The pandemic halted business activities globally and locked people indoors for months as government imposed stay-at-home orders.\nWhile these efforts were able to contain the spread of virus to some extent, it proved harmful for the economy. As a result, the U.S. economy contracted 3.5% in 2020.\nNevertheless, the country’s economy is firing all cylinders now, with real gross domestic product (GDP) having increased at the rate of 6.3% and 6.6% in the first and second quarters of 2021, respectively. This was largely driven by continued recovery and reopening of economy, and constant government support pertaining to the COVID-19 pandemic.\nAs the finance sector’s health is directly related to that of the economy, it is among the biggest beneficiaries. Further, the Federal Reserve officials project the U.S. economy to grow at a rate of 7% this year.\nApart from this, the central bank has been signaling sooner-than-expected interest rate hike. In June FOMC meeting, the officials had pointed out in their so-called “dot-plot” that there might be two rate hikes by 2023-end.\nThe finance sector is, thus, expected to continue performing well this year and beyond, though the low interest rate environment will put pressure on its financials in the near term.\nSo, this is the right time to add a few finance stocks to your investment portfolio that will help generate healthy returns going forward.\n5 Best Bets From Finance Sector\nIt is very difficult to zero in on a handful of finance stocks from the vast universe of stocks. Hence, with the help of the Zacks Stock Screener, we have narrowed down to those stocks that have outperformed the S&P 500 so far this year and have earnings growth projections of more than 10% for 2021.\nApart from presently carrying a Zacks Rank #2 (Buy), these stocks have a market capitalization in excess of $15 billion.\nBased on the above-mentioned criteria, we have chosen Moody's, Nasdaq, Inc., Raymond James Financial, Inc., MetLife, Inc. and T. Rowe Price Group, Inc.\nBefore we proceed further to check these stocks’ fundamental strengths and prospects, let’s take a look at the chart showing the share price movement of these companies so far this year.\nImage Source: Zacks Investment Research\nMoody’s\nAs a leading provider of credit ratings, research, data & analytical tools and software solutions & related risk management services, Moody’s is expected to continue benefiting from its business expansion efforts and solid bond issuance volumes.\nMoody’s made several strategic acquisitions, which has provided it with increased scale and cross-selling opportunities across products and vertical markets. In August, the company inked a $2 billion cash deal to buy climate risk modeling firm, RMS. In March and January this year, the company concluded the buyouts of Cortera and Catylist Inc., respectively.\nThese, along with other strategic buyouts over the years, are expected to be accretive to the company’s earnings. It is well positioned for growth on the back of its dominant position in the credit rating industry and constant efforts to diversify the revenue base. Moody’s projects revenues for the current year to increase in the low-double-digit percent range.\nFollowing solid first-half 2021 performance and consequent to the announcement of the proposed RMS deal, Moody’s 2021 GAAP earnings per share is now projected to be $10.90-$11.20, while earlier it was estimated to be in the $10.95-$11.25 range. Adjusted earnings per share outlook remains in the range of $11.55-$11.85.\nWith a market cap of $70.1 billion, the company’s earnings are expected to grow 17% year over year for 2021. The stock has rallied 29.3% in the year-to-date period.\nNasdaq\nAs a leading provider of trading, clearing, marketplace technology, regulatory, securities listing, information and public and private company services, Nasdaq remains focused on growth through opportunistic buyouts and organic initiatives. These enable it enter and cross-sell into new markets at a low-cost and highly-flexible platform.\nNasdaq has grown meaningfully over the years through a number of strategic expansions. Further, in its bid to evolve as a leading SaaS technology provider, it acquired Verafin this February. These deals have helped the company gain direct access to several global equities market, expand its technology offering and be accretive to its results.\nNasdaq remains focused on boosting growth via organic means and also constantly reviews its businesses to augment/diversify the top line. The company is on track regarding its goals of maximizing opportunities as an innovative analytics and technology partner in the capital markets, develop and deploy marketplace economy technology strategy and consolidate competitive edge in its core operations.\nThe company is also accelerating growth at its non-trading revenue base. Nasdaq projects 5-8% revenue organic growth at Investment Intelligence, 8-11% at Market Technology and 3-5% at Corporate Platforms over medium term.\nNasdaq has a market cap of $32 billion. So far this year, the stock has jumped 44%. The company’s earnings are expected to grow 18.8% for the current year.\nRaymond James\nInorganic expansion initiatives and strong balance sheet will continue to support Raymond James’ revenues in the quarters ahead. As a diversified financial service provider, the company has been expanding its footprint globally.\nIn an intensely competitive operating environment, most of Raymond James’ businesses are performing relatively well. The company’s Private Client Group (PCG) segment, the largest revenue garner, is getting support from the acquisition of U.S. Private Client Services unit of Deutsche Asset & Wealth Management in 2016, which added a significant amount of client assets to its balance sheet.\nGiven a strong liquidity position, Raymond James has accomplished several strategic deals over the past few years. In May 2021, the company inked a deal to acquire Cebile Capital, while in March, it acquired a boutique investment bank, Financo. Also, it is expanded into Europe and Canada with the help of opportunistic buyouts. Management looks forward to actively growing through acquisitions with an aim to further strengthen its PCG and Asset Management segments.\nWith a market cap of $18.9 billion, the company’s earnings are expected to surge 64.5% for fiscal 2021. The stock has jumped 45.9% in the year-to-date period.\nMetLife\nAs a provider of life insurance and other related services, MetLife has strong international presence. Despite the low interest rate environment, the company is witnessing rise in net investment income, driven by its private equity investments. For 2021, the company anticipates a variable investment income of $1.2-$1.4 billion, on the assumption that private equity will remain strong.\nMetLife constantly streamlines its business lines, moving away from operations that do not create value. In June, it announced sale of its wholly-owned subsidiaries in Poland and Greece, while this April, the company closed the sale of MetLife Auto & Home. These, along with other similar initiatives, over the past few years, will transform MetLife into a company with less volatility and help generate more free cash flow over the long term.\nAlso, MetLife is growing through acquisitions, which is leading to business diversification. In January, it concluded the deal to acquire Versant Health for $1.7 billion, making it the third largest vision care provider in the United States. The company has forayed into the pet insurance space with the buyout of PetFirst.\nMetLife has a market cap of $53.5 billion. The stock has rallied 31.6% so far this year. The company’s earnings are expected to grow 29.6% for 2021.\nT. Rowe Price\nOrganic growth remains a key strength for T. Rowe Price, as reflected by its revenue growth story. The company remains focused on fortifying business through several planned initiatives largely tied with launching new investment strategies and vehicles, enhancing client engagement capabilities in each distribution channels, strengthening distribution channel across its footprint.\nAs a global investment management firm, T. Rowe Price has been able to sustain earnings supported by its diverse business model. Going forward, the mix shift toward international growth funds is also expected to help increase both revenue and investment management margin of the company. For the five-year period, ended Jun 30, 2021, 82% of the T. Rowe Price mutual funds assets under management throughout the share classes outperformed Morningstar median on a total return basis, while 79% surpassed passive peer median.\nT. Rowe Price remains debt-free with substantial liquidity, which includes total cash and investments of $7.48 billion as of Jun 30, 2021. This has aided in strengthening the company’s capital leverage.\nIn the year-to-date period, the stock has surged 44.3%. With a market cap of $49.8 billion, the company’s earnings are expected to increase 34.8% for the current year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810404853,"gmtCreate":1629989824272,"gmtModify":1704954307279,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/810404853","repostId":"2162970560","repostType":4,"repost":{"id":"2162970560","kind":"highlight","pubTimestamp":1629989331,"share":"https://www.laohu8.com/m/news/2162970560?lang=&edition=full","pubTime":"2021-08-26 22:48","market":"us","language":"en","title":"Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought","url":"https://stock-news.laohu8.com/highlight/detail?id=2162970560","media":"Motley Fool","summary":"The popular ETF growth investor is finding buying opportunities in some out-of-favor but promising stocks.","content":"<p>It's fair to say that ARK Invest's CEO Cathie Wood never stands still. The world-class growth investor is always making moves, and she doesn't have a problem letting investors in her exchange-traded funds (ETFs) know all about it.</p>\n<p>Wood did a lot of shopping on Wednesday, buying into some stocks that are trading well below their previous highs. She added to her existing positions in <b>3D Systems</b> (NYSE:DDD), <b>Coinbase Global</b> (NASDAQ:COIN), and <b>Teladoc Health</b> (NYSE:TDOC), three once red-hot stocks that are now fetching 40% to 53% less than they were just a couple of months ago. Let's take a closer look at the three stocks she just bought.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F640770%2Fgettyimages-758286251.jpg&w=700&op=resize\" tg-width=\"700\" tg-height=\"589\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>3D Systems</h2>\n<p>A blast from the past for growth investors is picking up steam at ARK Invest this week. Wood was selling 3D Systems in June and earlier this month, but she's now added to her stake in the 3D printing leader on each of the first three trading days of this week.</p>\n<p>What changed at 3D Systems? A blowout earnings report two weeks ago is helping its cause. Revenue rose 44% in the second quarter, well ahead of the 27% that analysts were targeting. Adjusted earnings also clocked in at more than double what Wall Street pros were forecasting.</p>\n<p>3D Systems is gaining momentum again, and it's also making moves. It recently announced plans to divest its medical simulation and on-demand manufacturing businesses, to focus on 3D printing machines that are being increasingly used by the healthcare industry.</p>\n<h2>Coinbase</h2>\n<p>Buying Coinbase has been a guilty pleasure at ARK Invest since the leading crypto exchange went public in April. It checks off some of Wood's boxes in terms of growth, niche leadership, and crypto.</p>\n<p>Business is on a roll this year: Revenue soared 853% in the first quarter of this year, and that's not a typo. Coinbase followed that with a 1,097% year-over-year top-line burst in its latest quarterly report, and that's not a typo either.</p>\n<p>The stock retreated after the report, on concerns that trading activity was slowing in the current quarter. However, crypto has been rallying in recent weeks and Coinbase dominates its niche, which will thrive through the volatility. So it's not a surprise that Wood is now adding to the stock that has become the third largest position across all of her ETFs. With Coinbase recently putting its money where its mouth is -- promising to invest at least 10% of its future profits in crypto -- it's becoming even more of a play on the cryptocurrency market.</p>\n<h2>Teladoc</h2>\n<p>There are only two stocks that take up a larger combined position at ARK Invest than Coinbase, and <a href=\"https://laohu8.com/S/AONE.U\">one</a> of them is Teladoc. The telehealth leader allows folks seeking a consultation for any of a growing number of medical needs to meet virtually with healthcare providers. It's faster, cheaper, and ultimately more convenient than traditional in-office care.</p>\n<p>Despite the no-brainer appeal of telemedicine even in a post-pandemic landscape, investors have cooled on Teladoc. Wood naturally sees things differently. She's been building up her position this summer, including purchases on Tuesday and now Wednesday of this week.</p>\n<p>Revenue more than doubled in the company's latest quarter, even if it was helped by last year's Livongo Health acquisition. Teladoc continues to build up hefty losses, but growth investors can be patient as long as the bullish thesis for telehealth remains.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 22:48 GMT+8 <a href=https://www.fool.com/investing/2021/08/26/cathie-wood-goes-bargain-hunting-3-stocks-she-just/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's fair to say that ARK Invest's CEO Cathie Wood never stands still. The world-class growth investor is always making moves, and she doesn't have a problem letting investors in her exchange-traded ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/26/cathie-wood-goes-bargain-hunting-3-stocks-she-just/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TDOC":"Teladoc Health Inc.","DDD":"3D系统","COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2021/08/26/cathie-wood-goes-bargain-hunting-3-stocks-she-just/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162970560","content_text":"It's fair to say that ARK Invest's CEO Cathie Wood never stands still. The world-class growth investor is always making moves, and she doesn't have a problem letting investors in her exchange-traded funds (ETFs) know all about it.\nWood did a lot of shopping on Wednesday, buying into some stocks that are trading well below their previous highs. She added to her existing positions in 3D Systems (NYSE:DDD), Coinbase Global (NASDAQ:COIN), and Teladoc Health (NYSE:TDOC), three once red-hot stocks that are now fetching 40% to 53% less than they were just a couple of months ago. Let's take a closer look at the three stocks she just bought.\nImage source: Getty Images.\n3D Systems\nA blast from the past for growth investors is picking up steam at ARK Invest this week. Wood was selling 3D Systems in June and earlier this month, but she's now added to her stake in the 3D printing leader on each of the first three trading days of this week.\nWhat changed at 3D Systems? A blowout earnings report two weeks ago is helping its cause. Revenue rose 44% in the second quarter, well ahead of the 27% that analysts were targeting. Adjusted earnings also clocked in at more than double what Wall Street pros were forecasting.\n3D Systems is gaining momentum again, and it's also making moves. It recently announced plans to divest its medical simulation and on-demand manufacturing businesses, to focus on 3D printing machines that are being increasingly used by the healthcare industry.\nCoinbase\nBuying Coinbase has been a guilty pleasure at ARK Invest since the leading crypto exchange went public in April. It checks off some of Wood's boxes in terms of growth, niche leadership, and crypto.\nBusiness is on a roll this year: Revenue soared 853% in the first quarter of this year, and that's not a typo. Coinbase followed that with a 1,097% year-over-year top-line burst in its latest quarterly report, and that's not a typo either.\nThe stock retreated after the report, on concerns that trading activity was slowing in the current quarter. However, crypto has been rallying in recent weeks and Coinbase dominates its niche, which will thrive through the volatility. So it's not a surprise that Wood is now adding to the stock that has become the third largest position across all of her ETFs. With Coinbase recently putting its money where its mouth is -- promising to invest at least 10% of its future profits in crypto -- it's becoming even more of a play on the cryptocurrency market.\nTeladoc\nThere are only two stocks that take up a larger combined position at ARK Invest than Coinbase, and one of them is Teladoc. The telehealth leader allows folks seeking a consultation for any of a growing number of medical needs to meet virtually with healthcare providers. It's faster, cheaper, and ultimately more convenient than traditional in-office care.\nDespite the no-brainer appeal of telemedicine even in a post-pandemic landscape, investors have cooled on Teladoc. Wood naturally sees things differently. She's been building up her position this summer, including purchases on Tuesday and now Wednesday of this week.\nRevenue more than doubled in the company's latest quarter, even if it was helped by last year's Livongo Health acquisition. Teladoc continues to build up hefty losses, but growth investors can be patient as long as the bullish thesis for telehealth remains.","news_type":1},"isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893650527,"gmtCreate":1628260563169,"gmtModify":1633752144824,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"Like…","listText":"Like…","text":"Like…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893650527","repostId":"1183941926","repostType":4,"repost":{"id":"1183941926","kind":"news","pubTimestamp":1628255252,"share":"https://www.laohu8.com/m/news/1183941926?lang=&edition=full","pubTime":"2021-08-06 21:07","market":"us","language":"en","title":"How 10 of the world’s smartest investors can help you build your perfect portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=1183941926","media":"MarketWatch","summary":"Listen to Jeremy Siegel, Charles Ellis, Jack Bogle, Robert Shiller and others.The other four are portfolio managers, investors and bestselling authors who have sold millions of investment books, including The Vanguard Group’s founder Jack Bogle; the “Bond Guru,” Marty Leibowitz; the “Wisest Man on Wall Street” and Greenwich Associates founder Charles Ellis; and the “Wizard of Wharton,” Jeremy Siegel.As the creator of the first index mutual fund, Bogle’s portfolio was all about stock and bond ind","content":"<blockquote>\n <b>Listen to Jeremy Siegel, Charles Ellis, Jack Bogle, Robert Shiller and others.</b>\n</blockquote>\n<p>Is there a Perfect Portfolio for investors?</p>\n<p>We posed this question to 10 of the most respected pioneers in the investment community. Six have Nobel Prizes in Economics: Harry Markowitz, the founder of Modern Portfolio Theory, the basis of the modern investment portfolio; his protégé William Sharpe, creator of the Capital Asset Pricing Model (CAPM) and the beta risk measure that changed how we think about risk and reward in the financial markets; Eugene Fama, who developed the Efficient Market Hypothesis; Myron Scholes and Robert Merton, two of the co-creators of the Black-Scholes/Merton option pricing model; and Robert Shiller, the behavioral economist whose work challenged the notion of market efficiency.</p>\n<p>The other four are portfolio managers, investors and bestselling authors who have sold millions of investment books, including The Vanguard Group’s founder Jack Bogle; the “Bond Guru,” Marty Leibowitz; the “Wisest Man on Wall Street” and Greenwich Associates founder Charles Ellis; and the “Wizard of Wharton,” Jeremy Siegel.</p>\n<p>It’s no surprise that there isn’t consensus among their suggestions, given their varied backgrounds and interests. The different viewpoints of these financial luminaries illustrate the complexity of portfolio management—one size clearly doesn’t fit all.</p>\n<p>Think of the Perfect Portfolios of our experts as building blocks for your own Perfect Portfolio, collectively capable of accommodating the goals and constraints of all investors, if used in the right combination.</p>\n<p>Markowitz suggests that first and foremost, you should diversify. Focus only on portfolios of securities, and in particular, those that have the highest level of expected returns for a given level of risk, Markowitz’s famous efficient frontier. The same concept applies across asset classes like bonds, real estate and commodities. The key for the investor is to find securities and asset classes with low correlations to each other, so that movements in one are not necessarily reflected in the others.</p>\n<p>Sharpe’s Perfect Portfolio is just what his famous Capital Asset Pricing Model suggests: investing in the market as a whole. Sharpe recommends a U.S. total stock market fund, a non-U.S. total stock market fund, a U.S. total bond market fund, and a non-U.S. total bond market fund.</p>\n<p>Fama and his collaborator Ken French created a model that starts with Sharpe’s CAPM and augments it with two other factors. One captures the difference in returns between value and growth stocks, while the other captures the difference between stocks in companies with small and large market capitalizations. Fama suggests tilting your diversified portfolio toward value stocks and small-cap stocks, both of which tend to do well over time.</p>\n<p>As the creator of the first index mutual fund, Bogle’s portfolio was all about stock and bond index funds, such as Vanguard’s ETF that tracks the S&P 500 index SPX, +0.60%. His mantra was to lower your costs through index funds and not take actions that might destroy value: “Don’t do something, just stand there!”</p>\n<p>For Scholes, the Perfect Portfolio is about risk management. Your investment success will depend most on avoiding the downside “tail risks,” rare but severe stock market downturns such as the financial crisis of 2007–2009 or the COVID-19 pandemic, while capitalizing on the positive “tail gains.”</p>\n<p>Pay attention to what the derivatives markets such as the VIX volatility index VIX, -1.39% are telling you. For example, when the VIX is at a level below its historical average, you may feel more comfortable investing a greater proportion of your assets in risky stocks.</p>\n<p>For Merton, ultimately, the Perfect Portfolio should be your very own risk-free asset, like the inflation-protected government bond TIPS. For your retirement goal, ideally you would take your savings at retirement, and buy an annuity that would provide a lifetime income to meet your anticipated needs.</p>\n<p>Leibowitz’s Perfect Portfolio is about the amount of risk you can personally bear. Be prepared to try to make some tough judgment calls, and consider all of your circumstances, including potential life events, current taxes and estate taxes. In addition to equities, you should include bonds to reduce its overall volatility. Have a contingency plan to deal with serious adverse events.</p>\n<p>For Shiller, your Perfect Portfolio should be widely diversified, not only across major asset classes, but internationally as well. Place a heavier than typical weight in stocks around the world, where Shiller’s CAPE ratios—that is, cyclically adjusted price-to-earnings ratios—are relatively low.</p>\n<p>For Ellis, one of the original advocates of passive investing, your Perfect Portfolio should of course include index funds, especially if you want to have a good chance of being in the top 20% of funds over the next 20 years. You should invest in bond index funds and low-cost international index funds, such as the MSCI EAFE (Europe, Australasia, and Far East) index. Pay attention to your taxes.</p>\n<p>And Siegel encourages you to have reasonable expectations in line with financial history, no surprise for the author of the bestselling “Stocks for the Long Run”. The longer your investment horizon, the greater proportion of your Perfect Portfolio should be in stocks. Consider developing-country stocks. For fixed-income investments, consider TIPS.</p>\n<p>Finally, as you build your Perfect Portfolio, reflect on your degree of risk aversion, your earning power, the magnitude of your current and future desired wealth, and the magnitude of your current and future financial needs. To assist you, we have created a four-question survey to help you discover where you fit in among 16 types of investors. It then points you toward your Perfect Portfolio and an action that may help you achieve it.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How 10 of the world’s smartest investors can help you build your perfect portfolio</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\">\nHow 10 of the world’s smartest investors can help you build your perfect portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-06 21:07 GMT+8 <a href=https://www.marketwatch.com/story/how-10-of-the-worlds-smartest-investors-can-help-you-build-your-perfect-portfolio-11628177690?siteid=yhoof2><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Listen to Jeremy Siegel, Charles Ellis, Jack Bogle, Robert Shiller and others.\n\nIs there a Perfect Portfolio for investors?\nWe posed this question to 10 of the most respected pioneers in the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/how-10-of-the-worlds-smartest-investors-can-help-you-build-your-perfect-portfolio-11628177690?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/how-10-of-the-worlds-smartest-investors-can-help-you-build-your-perfect-portfolio-11628177690?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183941926","content_text":"Listen to Jeremy Siegel, Charles Ellis, Jack Bogle, Robert Shiller and others.\n\nIs there a Perfect Portfolio for investors?\nWe posed this question to 10 of the most respected pioneers in the investment community. Six have Nobel Prizes in Economics: Harry Markowitz, the founder of Modern Portfolio Theory, the basis of the modern investment portfolio; his protégé William Sharpe, creator of the Capital Asset Pricing Model (CAPM) and the beta risk measure that changed how we think about risk and reward in the financial markets; Eugene Fama, who developed the Efficient Market Hypothesis; Myron Scholes and Robert Merton, two of the co-creators of the Black-Scholes/Merton option pricing model; and Robert Shiller, the behavioral economist whose work challenged the notion of market efficiency.\nThe other four are portfolio managers, investors and bestselling authors who have sold millions of investment books, including The Vanguard Group’s founder Jack Bogle; the “Bond Guru,” Marty Leibowitz; the “Wisest Man on Wall Street” and Greenwich Associates founder Charles Ellis; and the “Wizard of Wharton,” Jeremy Siegel.\nIt’s no surprise that there isn’t consensus among their suggestions, given their varied backgrounds and interests. The different viewpoints of these financial luminaries illustrate the complexity of portfolio management—one size clearly doesn’t fit all.\nThink of the Perfect Portfolios of our experts as building blocks for your own Perfect Portfolio, collectively capable of accommodating the goals and constraints of all investors, if used in the right combination.\nMarkowitz suggests that first and foremost, you should diversify. Focus only on portfolios of securities, and in particular, those that have the highest level of expected returns for a given level of risk, Markowitz’s famous efficient frontier. The same concept applies across asset classes like bonds, real estate and commodities. The key for the investor is to find securities and asset classes with low correlations to each other, so that movements in one are not necessarily reflected in the others.\nSharpe’s Perfect Portfolio is just what his famous Capital Asset Pricing Model suggests: investing in the market as a whole. Sharpe recommends a U.S. total stock market fund, a non-U.S. total stock market fund, a U.S. total bond market fund, and a non-U.S. total bond market fund.\nFama and his collaborator Ken French created a model that starts with Sharpe’s CAPM and augments it with two other factors. One captures the difference in returns between value and growth stocks, while the other captures the difference between stocks in companies with small and large market capitalizations. Fama suggests tilting your diversified portfolio toward value stocks and small-cap stocks, both of which tend to do well over time.\nAs the creator of the first index mutual fund, Bogle’s portfolio was all about stock and bond index funds, such as Vanguard’s ETF that tracks the S&P 500 index SPX, +0.60%. His mantra was to lower your costs through index funds and not take actions that might destroy value: “Don’t do something, just stand there!”\nFor Scholes, the Perfect Portfolio is about risk management. Your investment success will depend most on avoiding the downside “tail risks,” rare but severe stock market downturns such as the financial crisis of 2007–2009 or the COVID-19 pandemic, while capitalizing on the positive “tail gains.”\nPay attention to what the derivatives markets such as the VIX volatility index VIX, -1.39% are telling you. For example, when the VIX is at a level below its historical average, you may feel more comfortable investing a greater proportion of your assets in risky stocks.\nFor Merton, ultimately, the Perfect Portfolio should be your very own risk-free asset, like the inflation-protected government bond TIPS. For your retirement goal, ideally you would take your savings at retirement, and buy an annuity that would provide a lifetime income to meet your anticipated needs.\nLeibowitz’s Perfect Portfolio is about the amount of risk you can personally bear. Be prepared to try to make some tough judgment calls, and consider all of your circumstances, including potential life events, current taxes and estate taxes. In addition to equities, you should include bonds to reduce its overall volatility. Have a contingency plan to deal with serious adverse events.\nFor Shiller, your Perfect Portfolio should be widely diversified, not only across major asset classes, but internationally as well. Place a heavier than typical weight in stocks around the world, where Shiller’s CAPE ratios—that is, cyclically adjusted price-to-earnings ratios—are relatively low.\nFor Ellis, one of the original advocates of passive investing, your Perfect Portfolio should of course include index funds, especially if you want to have a good chance of being in the top 20% of funds over the next 20 years. You should invest in bond index funds and low-cost international index funds, such as the MSCI EAFE (Europe, Australasia, and Far East) index. Pay attention to your taxes.\nAnd Siegel encourages you to have reasonable expectations in line with financial history, no surprise for the author of the bestselling “Stocks for the Long Run”. The longer your investment horizon, the greater proportion of your Perfect Portfolio should be in stocks. Consider developing-country stocks. For fixed-income investments, consider TIPS.\nFinally, as you build your Perfect Portfolio, reflect on your degree of risk aversion, your earning power, the magnitude of your current and future desired wealth, and the magnitude of your current and future financial needs. To assist you, we have created a four-question survey to help you discover where you fit in among 16 types of investors. It then points you toward your Perfect Portfolio and an action that may help you achieve it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813446368,"gmtCreate":1630238199054,"gmtModify":1704957350903,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/813446368","repostId":"2162521078","repostType":4,"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837912105,"gmtCreate":1629852230307,"gmtModify":1633681982828,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/837912105","repostId":"2162087230","repostType":4,"repost":{"id":"2162087230","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":1629851650,"share":"https://www.laohu8.com/m/news/2162087230?lang=&edition=full","pubTime":"2021-08-25 08:34","market":"us","language":"en","title":"Cerebras Systems connects its huge chips to make AI more power-efficient","url":"https://stock-news.laohu8.com/highlight/detail?id=2162087230","media":"Reuters","summary":"Aug 24 (Reuters) - Cerebras Systems, the Silicon Valley startup making the world's largest computer ","content":"<p>Aug 24 (Reuters) - Cerebras Systems, the Silicon Valley startup making the world's largest computer chip, said on Tuesday it can now weave together almost 200 of the chips to drastically reduce the power consumed by artificial-intelligence work.</p>\n<p>Cerebras is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of a number of startups making chips specifically designed for AI and aiming to challenge current market leaders Nvidia Corp and Alphabet Inc's Google. The company has raised about $475 million in venture capital and has secured deals with pharmaceutical firms GlaxoSmithKline Plc and <a href=\"https://laohu8.com/S/AZNCF\">AstraZeneca Plc</a> to use its chips to speed up drug discovery.</p>\n<p>Traditionally, hundreds or even thousands of computer chips are manufactured on a 12-inch (30 cm) silicon disc called a wafer, which is later sliced up into individual chips. Cerebras, by contrast, uses the entire wafer. The huge Cerebras chip can hold more data at once.</p>\n<p>But artificial intelligence researchers now have AI models called \"neural networks\" too big for any single chip to hold, so they must split them up across many chips. The biggest current neural networks are still only a fraction of the complexity of a human brain, but they use much more energy than human brains because the systems that run them become less power-efficient as more chips are added.</p>\n<p>Cerebras said on Wednesday that it can put together 192 of its chips to train huge neural networks, but that the power efficiency will stay the same as chips are added. In other words, Cerebras can double the amount of computing its chips do for double the power, unlike current systems that need more than twice as much power to double their computing capacity.</p>\n<p>Current AI systems \"are in the realm where you're talking about tens of megawatts of power, and you're doing it over months. You're using a the equivalent of a small city's power to train these networks,\" Cerebras Chief Executive Andrew Feldman told Reuters. \"Power is extremely important.\"</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>Cerebras Systems connects its huge chips to make AI more power-efficient</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\">\nCerebras Systems connects its huge chips to make AI more power-efficient\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\">2021-08-25 08:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Aug 24 (Reuters) - Cerebras Systems, the Silicon Valley startup making the world's largest computer chip, said on Tuesday it can now weave together almost 200 of the chips to drastically reduce the power consumed by artificial-intelligence work.</p>\n<p>Cerebras is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of a number of startups making chips specifically designed for AI and aiming to challenge current market leaders Nvidia Corp and Alphabet Inc's Google. The company has raised about $475 million in venture capital and has secured deals with pharmaceutical firms GlaxoSmithKline Plc and <a href=\"https://laohu8.com/S/AZNCF\">AstraZeneca Plc</a> to use its chips to speed up drug discovery.</p>\n<p>Traditionally, hundreds or even thousands of computer chips are manufactured on a 12-inch (30 cm) silicon disc called a wafer, which is later sliced up into individual chips. Cerebras, by contrast, uses the entire wafer. The huge Cerebras chip can hold more data at once.</p>\n<p>But artificial intelligence researchers now have AI models called \"neural networks\" too big for any single chip to hold, so they must split them up across many chips. The biggest current neural networks are still only a fraction of the complexity of a human brain, but they use much more energy than human brains because the systems that run them become less power-efficient as more chips are added.</p>\n<p>Cerebras said on Wednesday that it can put together 192 of its chips to train huge neural networks, but that the power efficiency will stay the same as chips are added. In other words, Cerebras can double the amount of computing its chips do for double the power, unlike current systems that need more than twice as much power to double their computing capacity.</p>\n<p>Current AI systems \"are in the realm where you're talking about tens of megawatts of power, and you're doing it over months. You're using a the equivalent of a small city's power to train these networks,\" Cerebras Chief Executive Andrew Feldman told Reuters. \"Power is extremely important.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","GSK":"葛兰素史克","AZN":"阿斯利康"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162087230","content_text":"Aug 24 (Reuters) - Cerebras Systems, the Silicon Valley startup making the world's largest computer chip, said on Tuesday it can now weave together almost 200 of the chips to drastically reduce the power consumed by artificial-intelligence work.\nCerebras is one of a number of startups making chips specifically designed for AI and aiming to challenge current market leaders Nvidia Corp and Alphabet Inc's Google. The company has raised about $475 million in venture capital and has secured deals with pharmaceutical firms GlaxoSmithKline Plc and AstraZeneca Plc to use its chips to speed up drug discovery.\nTraditionally, hundreds or even thousands of computer chips are manufactured on a 12-inch (30 cm) silicon disc called a wafer, which is later sliced up into individual chips. Cerebras, by contrast, uses the entire wafer. The huge Cerebras chip can hold more data at once.\nBut artificial intelligence researchers now have AI models called \"neural networks\" too big for any single chip to hold, so they must split them up across many chips. The biggest current neural networks are still only a fraction of the complexity of a human brain, but they use much more energy than human brains because the systems that run them become less power-efficient as more chips are added.\nCerebras said on Wednesday that it can put together 192 of its chips to train huge neural networks, but that the power efficiency will stay the same as chips are added. In other words, Cerebras can double the amount of computing its chips do for double the power, unlike current systems that need more than twice as much power to double their computing capacity.\nCurrent AI systems \"are in the realm where you're talking about tens of megawatts of power, and you're doing it over months. You're using a the equivalent of a small city's power to train these networks,\" Cerebras Chief Executive Andrew Feldman told Reuters. \"Power is extremely important.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":823777285,"gmtCreate":1633668704593,"gmtModify":1633668704713,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>Share","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>Share","text":"$Bionano Genomics(BNGO)$Share","images":[{"img":"https://static.tigerbbs.com/2fc951ca97acb5377717049c9a81100c","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/823777285","isVote":1,"tweetType":1,"viewCount":462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":813448238,"gmtCreate":1630238072124,"gmtModify":1704957349518,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/813448238","repostId":"2162707824","repostType":4,"repost":{"id":"2162707824","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":1630104635,"share":"https://www.laohu8.com/m/news/2162707824?lang=&edition=full","pubTime":"2021-08-28 06:50","market":"us","language":"en","title":"U.S. resumes supply of Lilly's COVID-19 antibody combo to some states","url":"https://stock-news.laohu8.com/highlight/detail?id=2162707824","media":"Reuters","summary":"Aug 27 (Reuters) - U.S. health officials on Friday decided to resume the supply of Eli Lilly's COVID","content":"<p>Aug 27 (Reuters) - U.S. health officials on Friday decided to resume the supply of Eli Lilly's COVID-19 antibody cocktail to states where variants resistant to it are low, saying the therapy could work against the fast-spreading Delta variant based on lab studies.</p>\n<p>The Department of Health and Human Services narrowed the scope of authorization for the dual-antibody therapy, bamlanivimab and etesevimab, to states including Colorado, Connecticut and Illinois, Indiana.</p>\n<p>With the Delta variant becoming the dominant strain, the prevalence of variants resistant to the therapy is steadily decreasing, the agency said</p>\n<p>Based on lab tests, the drugs administered together are expected to retain activity against the Delta variant, but not against Delta plus and variants first identified in Brazil, South Africa and Colombia, it said.</p>\n<p>The department had in June paused its distribution after the therapy failed to show effectiveness against the coronavirus variants that were first identified in Brazil and South Africa.</p>\n<p>The supply of standalone etesevimab to be paired with existing supply of bamlanivimab is also being resumed to some states.</p>\n<p>Regeneron's antibody therapy REGEN-COV, and GlaxoSmithKline Plc and partner Vir Biotechnology's</p>\n<p>sotrovimab may be used in all states, territories, and U.S. jurisdictions as they are likely to be effective against most variants including Delta, the agency said.</p>\n<p>Bamlanivimab and etesevimab, REGEN-COV and sotrovimab are authorized for use in people 12 years and above with mild-to-moderate infection and are at high risk for progression to severe COVID-19.</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>U.S. resumes supply of Lilly's COVID-19 antibody combo to some states</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\">\nU.S. resumes supply of Lilly's COVID-19 antibody combo to some states\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\">2021-08-28 06:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Aug 27 (Reuters) - U.S. health officials on Friday decided to resume the supply of Eli Lilly's COVID-19 antibody cocktail to states where variants resistant to it are low, saying the therapy could work against the fast-spreading Delta variant based on lab studies.</p>\n<p>The Department of Health and Human Services narrowed the scope of authorization for the dual-antibody therapy, bamlanivimab and etesevimab, to states including Colorado, Connecticut and Illinois, Indiana.</p>\n<p>With the Delta variant becoming the dominant strain, the prevalence of variants resistant to the therapy is steadily decreasing, the agency said</p>\n<p>Based on lab tests, the drugs administered together are expected to retain activity against the Delta variant, but not against Delta plus and variants first identified in Brazil, South Africa and Colombia, it said.</p>\n<p>The department had in June paused its distribution after the therapy failed to show effectiveness against the coronavirus variants that were first identified in Brazil and South Africa.</p>\n<p>The supply of standalone etesevimab to be paired with existing supply of bamlanivimab is also being resumed to some states.</p>\n<p>Regeneron's antibody therapy REGEN-COV, and GlaxoSmithKline Plc and partner Vir Biotechnology's</p>\n<p>sotrovimab may be used in all states, territories, and U.S. jurisdictions as they are likely to be effective against most variants including Delta, the agency said.</p>\n<p>Bamlanivimab and etesevimab, REGEN-COV and sotrovimab are authorized for use in people 12 years and above with mild-to-moderate infection and are at high risk for progression to severe COVID-19.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIR":"Vir Biotechnology, Inc.","LLY":"礼来","REGN":"再生元制药公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162707824","content_text":"Aug 27 (Reuters) - U.S. health officials on Friday decided to resume the supply of Eli Lilly's COVID-19 antibody cocktail to states where variants resistant to it are low, saying the therapy could work against the fast-spreading Delta variant based on lab studies.\nThe Department of Health and Human Services narrowed the scope of authorization for the dual-antibody therapy, bamlanivimab and etesevimab, to states including Colorado, Connecticut and Illinois, Indiana.\nWith the Delta variant becoming the dominant strain, the prevalence of variants resistant to the therapy is steadily decreasing, the agency said\nBased on lab tests, the drugs administered together are expected to retain activity against the Delta variant, but not against Delta plus and variants first identified in Brazil, South Africa and Colombia, it said.\nThe department had in June paused its distribution after the therapy failed to show effectiveness against the coronavirus variants that were first identified in Brazil and South Africa.\nThe supply of standalone etesevimab to be paired with existing supply of bamlanivimab is also being resumed to some states.\nRegeneron's antibody therapy REGEN-COV, and GlaxoSmithKline Plc and partner Vir Biotechnology's\nsotrovimab may be used in all states, territories, and U.S. jurisdictions as they are likely to be effective against most variants including Delta, the agency said.\nBamlanivimab and etesevimab, REGEN-COV and sotrovimab are authorized for use in people 12 years and above with mild-to-moderate infection and are at high risk for progression to severe COVID-19.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810408089,"gmtCreate":1629989556941,"gmtModify":1704954301720,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/810408089","repostId":"1141850175","repostType":4,"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837915123,"gmtCreate":1629852259962,"gmtModify":1633681981853,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/837915123","repostId":"2162038381","repostType":4,"repost":{"id":"2162038381","kind":"highlight","weMediaInfo":{"introduction":"Share your news with media, investors, and consumers with targeted distribution options from one of the world’s largest and most trusted newswires.","home_visible":1,"media_name":"GlobeNewswire","id":"1016364462","head_image":"https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a"},"pubTimestamp":1629850920,"share":"https://www.laohu8.com/m/news/2162038381?lang=&edition=full","pubTime":"2021-08-25 08:22","market":"us","language":"en","title":"Monarch Casino & Resort Announces Management Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=2162038381","media":"GlobeNewswire","summary":"Chief Operating Officer David Farahi Leaving the Company to Pursue Business Interests\nOutside the Ga","content":"<p><i>Chief Operating Officer David Farahi Leaving the Company to Pursue Business Interests</i></p>\n<p><i>Outside the Gaming and Hospitality Industry</i></p>\n<p><i>20-Year Gaming and Hospitality Industry Veteran, Michelle Shriver,</i></p>\n<p><i>Appointed Corporate Vice President of Operations</i></p>\n<p>RENO, Nev., Aug. 24, 2021 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) (“Monarch” or the “Company”) announced today that Chief Operating Officer David Farahi plans to leave the Company, effective September 3, 2021, to pursue business interests outside the gaming and hospitality industry. Monarch also announced that Michelle Shriver has joined the Company as Corporate Vice President of Operations. In this role, she will have primary responsibility for the operation of the newly expanded Monarch Casino Resort Spa Black Hawk and will reside in Denver, Colorado. Michelle has been a consultant to the Company since April 2021.</p>\n<p>“On behalf of the Board and our entire team, I want to thank David for his 14 years of significant contributions to Monarch, including nine years as Chief Operating Officer,” said John Farahi, Co-Chairman and Chief Executive Officer of Monarch Casino & Resort. “We appreciate David’s commitment and tireless efforts in managing operations during the construction and expansion of our resort in Black Hawk, Colorado, while also leading our Reno operations. David was also instrumental in securing the passage of Amendment 77 in November 2020, which has paved the way for unlimited wagers and a variety of new games for casinos in Colorado.”</p>\n<p>David Farahi commented, “I would like to thank Monarch’s Co-Chairmen and Board of Directors for the opportunity to serve as Chief Operating Officer for these past nine years; it has been a tremendous privilege. I am incredibly proud of what our entire team has accomplished together and have every confidence in Monarch’s continued success.”</p>\n<p>John Farahi added, “Michelle has a track record of approximately 20 years in the gaming and hospitality industry. She has extensive experience developing a corporate strategy aimed at maximizing revenues and achieving market leadership. As a member of the executive management team of Ameristar Casinos, she was responsible for the operations of all eight of their regional casino resorts. Michelle also oversaw a significant expansion of Ameristar Casino Black Hawk and is very familiar with the Denver area market.</p>\n<p>Craig Pleva will continue to lead the experienced and loyal management team in Black Hawk as General Manager. He has been with the Company for over 16 years and has served as General Manager in Black Hawk since July 2014. Prior to relocating to Denver, Craig gained significant marketing and operational experience at our Atlantis Casino Resort Spa in Reno. We are excited to have Craig and Michelle collaborate to further implement our overall operational strategies in our newly expanded Black Hawk resort.”</p>\n<p>John Farahi continued, “Looking ahead, Monarch is well positioned to pursue growth opportunities, having assembled a talented and experienced management team. Our balance sheet is among the best in the industry and our track record in operations gives us confidence in our ability to execute our strategic plan.”</p>\n<p><b>Forward-Looking Statements</b></p>\n<p>This press release contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as \"plan,\" \"anticipate,\" \"believe,\" \"expect,\" \"seem,\" \"look,\" \"look forward,\" \"positioning,\" \"considering,\" \"future,\" \"will,\" \"confident\" and similar references to future periods. Example of forward-looking statements include, among others, statements we make regarding our expected operating and development strategies and management efforts. Actual results and future events and conditions may differ materially from those described in any forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include, without limitation:</p>\n<ul>\n <li>continuing adverse impacts of the COVID-19 outbreak and any variant thereof (\"COVID-19\") on our business, construction projects, financial condition and operating results;</li>\n <li>continuing actions by government officials at the federal, state and/or local level with respect to steps to be taken, including, without limitation, temporary or extended shutdowns, travel restrictions, social distancing and shelter-in-place orders, in connection with the COVID-19 outbreak;</li>\n <li>any potential decrease in guest visitations following the pent-up demand caused by COVID-19;</li>\n <li>any adverse impact on the U.S. economy which may result from recurring federal government stimulus efforts to address COVID-19 shutdowns and layoffs, such as inflation;</li>\n <li>our ability to manage guest safety concerns caused by COVID-19;</li>\n <li>our ability to effectively manage and control expenses during temporary or extended shutdown periods;</li>\n <li>impact of temporary or extended shutdowns on our ability to maintain compliance with the terms and conditions of our credit facilities and other material contracts;</li>\n <li>the impacts of inflationary pressures on our operating costs and expenses, as well as our ability to pass cost increases along to our customers;</li>\n <li>changes in laws mandating increases in minimum wages and employee benefits;</li>\n <li>changes in laws and regulations permitting expanded and other forms of gaming in our key markets;</li>\n <li>the effects of local and national economic, credit and capital market conditions on the economy in general and on the gaming industry and our business in particular;</li>\n <li>the effects of labor shortages on our market position, growth and financial results;</li>\n <li>the potential of increases in state and federal taxation to address budgetary and other impacts of the COVID-19 pandemic;</li>\n <li>the potential of increased regulatory and other burdens to address the direct and indirect impacts of COVID-19 pandemic;</li>\n <li>guest acceptance of our expanded facilities once completed and the resulting impact on our market position, growth and financial results; and</li>\n <li>competition in our target market areas.</li>\n</ul>\n<p>Additional information concerning potential factors that could adversely affect all forward-looking statements, including the Company's financial results, is included in our Securities and Exchange Commission filings, including our most recent annual report on Form 10-K and quarterly reports on Form 10-Q, which are available on our website at www.monarchcasino.com.</p>\n<p><b>About Monarch Casino & Resort, Inc.</b></p>\n<p>Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado, approximately 40 miles west of Denver. For additional information on Monarch, visit the Company's website at www.monarchcasino.com.</p>\n<p>The Atlantis features approximately 61,000 square feet of casino space; 818 guest rooms and suites; eight food outlets; two gourmet coffee and pastry bars; a 30,000 square foot health spa and salon with an enclosed year-round pool; two retail outlets offering clothing and traditional gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention and meeting room space. The casino features approximately 1,400 slot and video poker machines; approximately 37 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room.</p>\n<p>Monarch Casino Resort Spa Black Hawk, upon completion of its legacy building renovation in 2021, will feature approximately 60,000 square feet of casino space; approximately 1,200 slot machines; approximately 30 table games; a poker room and keno counter. The resort also includes 10 bars and lounges, as well as three new dining options including a twenty-four-hour full-service restaurant, buffet-style restaurant and the Monarch Chophouse (a fine-dining steakhouse). A sports lounge and bar, and specialty restaurant are expected to open later in 2021. The resort offers 516 guest rooms and suites, banquet and meeting room space, a retail store, a concierge lounge and an upscale spa and pool facility located on the top floor of the tower. The resort is connected to a nine-story parking structure with approximately 1,350 parking spaces, and additional valet parking, with total property capacity of approximately 1,500 spaces.</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>Monarch Casino & Resort Announces Management Changes</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\">\nMonarch Casino & Resort Announces Management Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1016364462\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">GlobeNewswire </p>\n<p class=\"h-time\">2021-08-25 08:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>Chief Operating Officer David Farahi Leaving the Company to Pursue Business Interests</i></p>\n<p><i>Outside the Gaming and Hospitality Industry</i></p>\n<p><i>20-Year Gaming and Hospitality Industry Veteran, Michelle Shriver,</i></p>\n<p><i>Appointed Corporate Vice President of Operations</i></p>\n<p>RENO, Nev., Aug. 24, 2021 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) (“Monarch” or the “Company”) announced today that Chief Operating Officer David Farahi plans to leave the Company, effective September 3, 2021, to pursue business interests outside the gaming and hospitality industry. Monarch also announced that Michelle Shriver has joined the Company as Corporate Vice President of Operations. In this role, she will have primary responsibility for the operation of the newly expanded Monarch Casino Resort Spa Black Hawk and will reside in Denver, Colorado. Michelle has been a consultant to the Company since April 2021.</p>\n<p>“On behalf of the Board and our entire team, I want to thank David for his 14 years of significant contributions to Monarch, including nine years as Chief Operating Officer,” said John Farahi, Co-Chairman and Chief Executive Officer of Monarch Casino & Resort. “We appreciate David’s commitment and tireless efforts in managing operations during the construction and expansion of our resort in Black Hawk, Colorado, while also leading our Reno operations. David was also instrumental in securing the passage of Amendment 77 in November 2020, which has paved the way for unlimited wagers and a variety of new games for casinos in Colorado.”</p>\n<p>David Farahi commented, “I would like to thank Monarch’s Co-Chairmen and Board of Directors for the opportunity to serve as Chief Operating Officer for these past nine years; it has been a tremendous privilege. I am incredibly proud of what our entire team has accomplished together and have every confidence in Monarch’s continued success.”</p>\n<p>John Farahi added, “Michelle has a track record of approximately 20 years in the gaming and hospitality industry. She has extensive experience developing a corporate strategy aimed at maximizing revenues and achieving market leadership. As a member of the executive management team of Ameristar Casinos, she was responsible for the operations of all eight of their regional casino resorts. Michelle also oversaw a significant expansion of Ameristar Casino Black Hawk and is very familiar with the Denver area market.</p>\n<p>Craig Pleva will continue to lead the experienced and loyal management team in Black Hawk as General Manager. He has been with the Company for over 16 years and has served as General Manager in Black Hawk since July 2014. Prior to relocating to Denver, Craig gained significant marketing and operational experience at our Atlantis Casino Resort Spa in Reno. We are excited to have Craig and Michelle collaborate to further implement our overall operational strategies in our newly expanded Black Hawk resort.”</p>\n<p>John Farahi continued, “Looking ahead, Monarch is well positioned to pursue growth opportunities, having assembled a talented and experienced management team. Our balance sheet is among the best in the industry and our track record in operations gives us confidence in our ability to execute our strategic plan.”</p>\n<p><b>Forward-Looking Statements</b></p>\n<p>This press release contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as \"plan,\" \"anticipate,\" \"believe,\" \"expect,\" \"seem,\" \"look,\" \"look forward,\" \"positioning,\" \"considering,\" \"future,\" \"will,\" \"confident\" and similar references to future periods. Example of forward-looking statements include, among others, statements we make regarding our expected operating and development strategies and management efforts. Actual results and future events and conditions may differ materially from those described in any forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include, without limitation:</p>\n<ul>\n <li>continuing adverse impacts of the COVID-19 outbreak and any variant thereof (\"COVID-19\") on our business, construction projects, financial condition and operating results;</li>\n <li>continuing actions by government officials at the federal, state and/or local level with respect to steps to be taken, including, without limitation, temporary or extended shutdowns, travel restrictions, social distancing and shelter-in-place orders, in connection with the COVID-19 outbreak;</li>\n <li>any potential decrease in guest visitations following the pent-up demand caused by COVID-19;</li>\n <li>any adverse impact on the U.S. economy which may result from recurring federal government stimulus efforts to address COVID-19 shutdowns and layoffs, such as inflation;</li>\n <li>our ability to manage guest safety concerns caused by COVID-19;</li>\n <li>our ability to effectively manage and control expenses during temporary or extended shutdown periods;</li>\n <li>impact of temporary or extended shutdowns on our ability to maintain compliance with the terms and conditions of our credit facilities and other material contracts;</li>\n <li>the impacts of inflationary pressures on our operating costs and expenses, as well as our ability to pass cost increases along to our customers;</li>\n <li>changes in laws mandating increases in minimum wages and employee benefits;</li>\n <li>changes in laws and regulations permitting expanded and other forms of gaming in our key markets;</li>\n <li>the effects of local and national economic, credit and capital market conditions on the economy in general and on the gaming industry and our business in particular;</li>\n <li>the effects of labor shortages on our market position, growth and financial results;</li>\n <li>the potential of increases in state and federal taxation to address budgetary and other impacts of the COVID-19 pandemic;</li>\n <li>the potential of increased regulatory and other burdens to address the direct and indirect impacts of COVID-19 pandemic;</li>\n <li>guest acceptance of our expanded facilities once completed and the resulting impact on our market position, growth and financial results; and</li>\n <li>competition in our target market areas.</li>\n</ul>\n<p>Additional information concerning potential factors that could adversely affect all forward-looking statements, including the Company's financial results, is included in our Securities and Exchange Commission filings, including our most recent annual report on Form 10-K and quarterly reports on Form 10-Q, which are available on our website at www.monarchcasino.com.</p>\n<p><b>About Monarch Casino & Resort, Inc.</b></p>\n<p>Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado, approximately 40 miles west of Denver. For additional information on Monarch, visit the Company's website at www.monarchcasino.com.</p>\n<p>The Atlantis features approximately 61,000 square feet of casino space; 818 guest rooms and suites; eight food outlets; two gourmet coffee and pastry bars; a 30,000 square foot health spa and salon with an enclosed year-round pool; two retail outlets offering clothing and traditional gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention and meeting room space. The casino features approximately 1,400 slot and video poker machines; approximately 37 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room.</p>\n<p>Monarch Casino Resort Spa Black Hawk, upon completion of its legacy building renovation in 2021, will feature approximately 60,000 square feet of casino space; approximately 1,200 slot machines; approximately 30 table games; a poker room and keno counter. The resort also includes 10 bars and lounges, as well as three new dining options including a twenty-four-hour full-service restaurant, buffet-style restaurant and the Monarch Chophouse (a fine-dining steakhouse). A sports lounge and bar, and specialty restaurant are expected to open later in 2021. The resort offers 516 guest rooms and suites, banquet and meeting room space, a retail store, a concierge lounge and an upscale spa and pool facility located on the top floor of the tower. The resort is connected to a nine-story parking structure with approximately 1,350 parking spaces, and additional valet parking, with total property capacity of approximately 1,500 spaces.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MCRI":"Monarch Casino & Resort"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162038381","content_text":"Chief Operating Officer David Farahi Leaving the Company to Pursue Business Interests\nOutside the Gaming and Hospitality Industry\n20-Year Gaming and Hospitality Industry Veteran, Michelle Shriver,\nAppointed Corporate Vice President of Operations\nRENO, Nev., Aug. 24, 2021 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) (“Monarch” or the “Company”) announced today that Chief Operating Officer David Farahi plans to leave the Company, effective September 3, 2021, to pursue business interests outside the gaming and hospitality industry. Monarch also announced that Michelle Shriver has joined the Company as Corporate Vice President of Operations. In this role, she will have primary responsibility for the operation of the newly expanded Monarch Casino Resort Spa Black Hawk and will reside in Denver, Colorado. Michelle has been a consultant to the Company since April 2021.\n“On behalf of the Board and our entire team, I want to thank David for his 14 years of significant contributions to Monarch, including nine years as Chief Operating Officer,” said John Farahi, Co-Chairman and Chief Executive Officer of Monarch Casino & Resort. “We appreciate David’s commitment and tireless efforts in managing operations during the construction and expansion of our resort in Black Hawk, Colorado, while also leading our Reno operations. David was also instrumental in securing the passage of Amendment 77 in November 2020, which has paved the way for unlimited wagers and a variety of new games for casinos in Colorado.”\nDavid Farahi commented, “I would like to thank Monarch’s Co-Chairmen and Board of Directors for the opportunity to serve as Chief Operating Officer for these past nine years; it has been a tremendous privilege. I am incredibly proud of what our entire team has accomplished together and have every confidence in Monarch’s continued success.”\nJohn Farahi added, “Michelle has a track record of approximately 20 years in the gaming and hospitality industry. She has extensive experience developing a corporate strategy aimed at maximizing revenues and achieving market leadership. As a member of the executive management team of Ameristar Casinos, she was responsible for the operations of all eight of their regional casino resorts. Michelle also oversaw a significant expansion of Ameristar Casino Black Hawk and is very familiar with the Denver area market.\nCraig Pleva will continue to lead the experienced and loyal management team in Black Hawk as General Manager. He has been with the Company for over 16 years and has served as General Manager in Black Hawk since July 2014. Prior to relocating to Denver, Craig gained significant marketing and operational experience at our Atlantis Casino Resort Spa in Reno. We are excited to have Craig and Michelle collaborate to further implement our overall operational strategies in our newly expanded Black Hawk resort.”\nJohn Farahi continued, “Looking ahead, Monarch is well positioned to pursue growth opportunities, having assembled a talented and experienced management team. Our balance sheet is among the best in the industry and our track record in operations gives us confidence in our ability to execute our strategic plan.”\nForward-Looking Statements\nThis press release contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as \"plan,\" \"anticipate,\" \"believe,\" \"expect,\" \"seem,\" \"look,\" \"look forward,\" \"positioning,\" \"considering,\" \"future,\" \"will,\" \"confident\" and similar references to future periods. Example of forward-looking statements include, among others, statements we make regarding our expected operating and development strategies and management efforts. Actual results and future events and conditions may differ materially from those described in any forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include, without limitation:\n\ncontinuing adverse impacts of the COVID-19 outbreak and any variant thereof (\"COVID-19\") on our business, construction projects, financial condition and operating results;\ncontinuing actions by government officials at the federal, state and/or local level with respect to steps to be taken, including, without limitation, temporary or extended shutdowns, travel restrictions, social distancing and shelter-in-place orders, in connection with the COVID-19 outbreak;\nany potential decrease in guest visitations following the pent-up demand caused by COVID-19;\nany adverse impact on the U.S. economy which may result from recurring federal government stimulus efforts to address COVID-19 shutdowns and layoffs, such as inflation;\nour ability to manage guest safety concerns caused by COVID-19;\nour ability to effectively manage and control expenses during temporary or extended shutdown periods;\nimpact of temporary or extended shutdowns on our ability to maintain compliance with the terms and conditions of our credit facilities and other material contracts;\nthe impacts of inflationary pressures on our operating costs and expenses, as well as our ability to pass cost increases along to our customers;\nchanges in laws mandating increases in minimum wages and employee benefits;\nchanges in laws and regulations permitting expanded and other forms of gaming in our key markets;\nthe effects of local and national economic, credit and capital market conditions on the economy in general and on the gaming industry and our business in particular;\nthe effects of labor shortages on our market position, growth and financial results;\nthe potential of increases in state and federal taxation to address budgetary and other impacts of the COVID-19 pandemic;\nthe potential of increased regulatory and other burdens to address the direct and indirect impacts of COVID-19 pandemic;\nguest acceptance of our expanded facilities once completed and the resulting impact on our market position, growth and financial results; and\ncompetition in our target market areas.\n\nAdditional information concerning potential factors that could adversely affect all forward-looking statements, including the Company's financial results, is included in our Securities and Exchange Commission filings, including our most recent annual report on Form 10-K and quarterly reports on Form 10-Q, which are available on our website at www.monarchcasino.com.\nAbout Monarch Casino & Resort, Inc.\nMonarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado, approximately 40 miles west of Denver. For additional information on Monarch, visit the Company's website at www.monarchcasino.com.\nThe Atlantis features approximately 61,000 square feet of casino space; 818 guest rooms and suites; eight food outlets; two gourmet coffee and pastry bars; a 30,000 square foot health spa and salon with an enclosed year-round pool; two retail outlets offering clothing and traditional gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention and meeting room space. The casino features approximately 1,400 slot and video poker machines; approximately 37 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room.\nMonarch Casino Resort Spa Black Hawk, upon completion of its legacy building renovation in 2021, will feature approximately 60,000 square feet of casino space; approximately 1,200 slot machines; approximately 30 table games; a poker room and keno counter. The resort also includes 10 bars and lounges, as well as three new dining options including a twenty-four-hour full-service restaurant, buffet-style restaurant and the Monarch Chophouse (a fine-dining steakhouse). A sports lounge and bar, and specialty restaurant are expected to open later in 2021. The resort offers 516 guest rooms and suites, banquet and meeting room space, a retail store, a concierge lounge and an upscale spa and pool facility located on the top floor of the tower. The resort is connected to a nine-story parking structure with approximately 1,350 parking spaces, and additional valet parking, with total property capacity of approximately 1,500 spaces.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893627132,"gmtCreate":1628260521926,"gmtModify":1633752145756,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/893627132","repostId":"1112056338","repostType":4,"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890323970,"gmtCreate":1628084382990,"gmtModify":1633753768848,"author":{"id":"4088044554432220","authorId":"4088044554432220","name":"Zin222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088044554432220","authorIdStr":"4088044554432220"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/890323970","repostId":"2156109024","repostType":4,"repost":{"id":"2156109024","kind":"news","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":1628082274,"share":"https://www.laohu8.com/m/news/2156109024?lang=&edition=full","pubTime":"2021-08-04 21:04","market":"us","language":"en","title":"VICI Properties to buy MGM Resort-controlled MGM Growth in $17.2 bln deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2156109024","media":"Reuters","summary":"(Adds background on MGM Resorts' prior deals)\nAug 4 (Reuters) - MGM Growth Properties, majority cont","content":"<p>(Adds background on MGM Resorts' prior deals)</p>\n<p>Aug 4 (Reuters) - MGM Growth Properties, majority controlled by MGM Resorts, agreed on Wednesday to sell itself to VICI Properties Inc in a $17.2 billion deal that will see the casino operator cash in on its valuable real estate to fund growth.</p>\n<p>Shares of MGM Growth surged about 10% in premarket trading, MGM Resorts rose about 5%, while VICI dipped about 1%.</p>\n<p>The stock-for-stock deal, which includes $5.7 billion of debt, will get MGM Resorts $4.4 billion for its stake in MGM Growth and is a part of MGM's 'asset light' strategy to invest in areas such as sports betting and casino development in Japan.</p>\n<p>Last month, MGM Resorts said it would buy the remaining 50% stake in its joint venture CityCenter complex, so that it could sell two properties within the complex to private equity firm Blackstone for $3.89 billion.</p>\n<p>\"(We) remain focused on pursuing growth opportunities in our core business, with significant financial flexibility to continue to deploy capital to maximize shareholder value,\" MGM Resorts Chief Executive Officer Bill Hornbuckle said.</p>\n<p>MGM Growth owns a portfolio of properties that consists of 12 resorts in Las Vegas and elsewhere in the United States.</p>\n<p>VICI's stock offer of $43 per share represents a premium of about 16% to MGM Growth's closing price on Tuesday.</p>\n<p>VICI's portfolio consists of 28 gaming facilities and about 17,800 hotel rooms and more than 200 restaurants, bars, nightclubs and sportsbooks.</p>\n<p>MGM Resorts will own about 1% stake in the VICI operating partnership, worth about $370 million.</p>\n<p>The deal is expected to close in the first half of 2022, the companies said. (Reporting by Ankit Ajmera in Bengaluru; Editing by Aditya Soni and Shailesh Kuber)</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>VICI Properties to buy MGM Resort-controlled MGM Growth in $17.2 bln deal</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\">\nVICI Properties to buy MGM Resort-controlled MGM Growth in $17.2 bln deal\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\">2021-08-04 21:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Adds background on MGM Resorts' prior deals)</p>\n<p>Aug 4 (Reuters) - MGM Growth Properties, majority controlled by MGM Resorts, agreed on Wednesday to sell itself to VICI Properties Inc in a $17.2 billion deal that will see the casino operator cash in on its valuable real estate to fund growth.</p>\n<p>Shares of MGM Growth surged about 10% in premarket trading, MGM Resorts rose about 5%, while VICI dipped about 1%.</p>\n<p>The stock-for-stock deal, which includes $5.7 billion of debt, will get MGM Resorts $4.4 billion for its stake in MGM Growth and is a part of MGM's 'asset light' strategy to invest in areas such as sports betting and casino development in Japan.</p>\n<p>Last month, MGM Resorts said it would buy the remaining 50% stake in its joint venture CityCenter complex, so that it could sell two properties within the complex to private equity firm Blackstone for $3.89 billion.</p>\n<p>\"(We) remain focused on pursuing growth opportunities in our core business, with significant financial flexibility to continue to deploy capital to maximize shareholder value,\" MGM Resorts Chief Executive Officer Bill Hornbuckle said.</p>\n<p>MGM Growth owns a portfolio of properties that consists of 12 resorts in Las Vegas and elsewhere in the United States.</p>\n<p>VICI's stock offer of $43 per share represents a premium of about 16% to MGM Growth's closing price on Tuesday.</p>\n<p>VICI's portfolio consists of 28 gaming facilities and about 17,800 hotel rooms and more than 200 restaurants, bars, nightclubs and sportsbooks.</p>\n<p>MGM Resorts will own about 1% stake in the VICI operating partnership, worth about $370 million.</p>\n<p>The deal is expected to close in the first half of 2022, the companies said. (Reporting by Ankit Ajmera in Bengaluru; Editing by Aditya Soni and Shailesh Kuber)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MGP":"MGM Growth Properties LLC","VICI":"Vici Properties","MGM":"美高梅"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156109024","content_text":"(Adds background on MGM Resorts' prior deals)\nAug 4 (Reuters) - MGM Growth Properties, majority controlled by MGM Resorts, agreed on Wednesday to sell itself to VICI Properties Inc in a $17.2 billion deal that will see the casino operator cash in on its valuable real estate to fund growth.\nShares of MGM Growth surged about 10% in premarket trading, MGM Resorts rose about 5%, while VICI dipped about 1%.\nThe stock-for-stock deal, which includes $5.7 billion of debt, will get MGM Resorts $4.4 billion for its stake in MGM Growth and is a part of MGM's 'asset light' strategy to invest in areas such as sports betting and casino development in Japan.\nLast month, MGM Resorts said it would buy the remaining 50% stake in its joint venture CityCenter complex, so that it could sell two properties within the complex to private equity firm Blackstone for $3.89 billion.\n\"(We) remain focused on pursuing growth opportunities in our core business, with significant financial flexibility to continue to deploy capital to maximize shareholder value,\" MGM Resorts Chief Executive Officer Bill Hornbuckle said.\nMGM Growth owns a portfolio of properties that consists of 12 resorts in Las Vegas and elsewhere in the United States.\nVICI's stock offer of $43 per share represents a premium of about 16% to MGM Growth's closing price on Tuesday.\nVICI's portfolio consists of 28 gaming facilities and about 17,800 hotel rooms and more than 200 restaurants, bars, nightclubs and sportsbooks.\nMGM Resorts will own about 1% stake in the VICI operating partnership, worth about $370 million.\nThe deal is expected to close in the first half of 2022, the companies said. 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