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2021-07-02

Now very high

The Stock Market Had a Great First Half. 3 Things That Could Cause it to Crash.

2021-07-01

Nice

Private equity firm TPG evaluating public listing - WSJ

2021-07-01

Great

Wall Street Analyst Says Virgin Galactic Hype Already Priced In

2021-07-01

Nice article

Exxon lobbyist duped by Greenpeace says climate policy was a ploy, CEO condemns statements

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Several factors, however, have the potential to end the p","content":"<p>Stocks have soared relentlessly this year. Several factors, however, have the potential to end the party.</p>\n<p>The S&amp;P 500 has had its second-best first half of a year since 1998, and it hasn’t shown many signs of letting up. The index ended June up 14.4% year to date, hitting several records during the month and posting another record close on Thursday.</p>\n<p>Yet there are a couple key risks that could turn all of that around, according to Nick Colas, co-founder of DataTrek.</p>\n<p>First, there’s the possibility of an oil price shock, as the price of crude has shown little sign of cooling off. WTI crude oil is up 56% year to date and notched a&nbsp;new multi-year high&nbsp;Thursday—even amid growing&nbsp;expectations that OPEC will increase supply. If oil prices run hot enough, that could raise inflation to a level that—if sustained — could cause consumer demand to fall and that could surpass Federal Reserve expectations.</p>\n<p>“Suddenly higher oil prices” is atop the list of stock market concerns for Colas. “Rapidly rising oil prices will cause U.S. inflation to overshoot the Fed’s desired outcome and also stress the American consumer.”</p>\n<p>Both those things could dent the stock market, which has long benefited from the Fed’s accommodative monetary policy, especially if the Fed signals that interest-rate increases could come sooner than expected.</p>\n<p>That means the Fed will need to tread carefully when discussing rates to avoid spooking the market, Colas says.</p>\n<p>“Federal Reserve miscommunication about upcoming policy changes and/or raising interest rates too aggressively” is a second risk, Colas says. For instance, the S&amp;P 500&nbsp;dived 18% over roughly three months in late 2018 as the Fed raised rates, despite the market’s hope at that time for rates to stay put.</p>\n<p>Peaking earnings growth is the other threat to stocks, Colas says. Earnings growth for the average S&amp;P 500 company is expected slow down to 11% in 2022 from 36% in 2021, according to FactSet, as the economy normalizes and the postpandemic recovery eases. But on average, S&amp;P 500 stocks trade at 21.5 times expected earnings for the next 12 months, still above the index’s pre-pandemic multiple. At some point, stocks valuations will need to better reflect the expected decline in earnings growth, which would mean falling stock prices.</p>\n<p>“Valuations are high enough currently that peaking earnings could be a larger risk than before,” Colas writes.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Stock Market Had a Great First Half. 3 Things That Could Cause it to Crash.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Stock Market Had a Great First Half. 3 Things That Could Cause it to Crash.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 15:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-crash-risks-51625174065><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks have soared relentlessly this year. Several factors, however, have the potential to end the party.\nThe S&P 500 has had its second-best first half of a year since 1998, and it hasn’t shown many ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-crash-risks-51625174065\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/stock-market-crash-risks-51625174065","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126312436","content_text":"Stocks have soared relentlessly this year. Several factors, however, have the potential to end the party.\nThe S&P 500 has had its second-best first half of a year since 1998, and it hasn’t shown many signs of letting up. The index ended June up 14.4% year to date, hitting several records during the month and posting another record close on Thursday.\nYet there are a couple key risks that could turn all of that around, according to Nick Colas, co-founder of DataTrek.\nFirst, there’s the possibility of an oil price shock, as the price of crude has shown little sign of cooling off. WTI crude oil is up 56% year to date and notched a new multi-year high Thursday—even amid growing expectations that OPEC will increase supply. If oil prices run hot enough, that could raise inflation to a level that—if sustained — could cause consumer demand to fall and that could surpass Federal Reserve expectations.\n“Suddenly higher oil prices” is atop the list of stock market concerns for Colas. “Rapidly rising oil prices will cause U.S. inflation to overshoot the Fed’s desired outcome and also stress the American consumer.”\nBoth those things could dent the stock market, which has long benefited from the Fed’s accommodative monetary policy, especially if the Fed signals that interest-rate increases could come sooner than expected.\nThat means the Fed will need to tread carefully when discussing rates to avoid spooking the market, Colas says.\n“Federal Reserve miscommunication about upcoming policy changes and/or raising interest rates too aggressively” is a second risk, Colas says. For instance, the S&P 500 dived 18% over roughly three months in late 2018 as the Fed raised rates, despite the market’s hope at that time for rates to stay put.\nPeaking earnings growth is the other threat to stocks, Colas says. Earnings growth for the average S&P 500 company is expected slow down to 11% in 2022 from 36% in 2021, according to FactSet, as the economy normalizes and the postpandemic recovery eases. But on average, S&P 500 stocks trade at 21.5 times expected earnings for the next 12 months, still above the index’s pre-pandemic multiple. At some point, stocks valuations will need to better reflect the expected decline in earnings growth, which would mean falling stock prices.\n“Valuations are high enough currently that peaking earnings could be a larger risk than before,” Colas writes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158078176,"gmtCreate":1625117140995,"gmtModify":1633944586622,"author":{"id":"4088218326026050","authorId":"4088218326026050","name":"Tre76","avatar":"https://static.tigerbbs.com/8c4f765c41d3fcc8db0a27eb326eb22d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088218326026050","authorIdStr":"4088218326026050"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158078176","repostId":"2148843099","repostType":4,"repost":{"id":"2148843099","pubTimestamp":1625097615,"share":"https://www.laohu8.com/m/news/2148843099?lang=&edition=full","pubTime":"2021-07-01 08:00","market":"us","language":"en","title":"Private equity firm TPG evaluating public listing - WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2148843099","media":"Reuters","summary":"June 30 (Reuters) - Private equity firm TPG is considering going public through an initial public of","content":"<p>June 30 (Reuters) - Private equity firm TPG is considering going public through an initial public offering or a blank-check merger, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.</p>\n<p>The buyout firm could be valued at about $10 billion, the report quoted some of the sources as saying, adding that the process was still in early stages and TPG may not opt to proceed with any deal.</p>\n<p>\"We evaluate various strategic alternatives from time to time. No decisions have been made and we have nothing to announce at this time,\" a TPG spokesperson said in a statement.</p>\n<p>The company has weighed an IPO before, according to media reports, to compete with publicly traded rivals including Apollo Global Management Inc and Blackstone Group Inc.</p>\n<p>Originally known as Texas Pacific Group, TPG was founded in 1992 by former colleagues David Bonderman and Jim Coulter, and manages $91 billion in assets, according to its website.</p>\n<p>Known for its leveraged buyouts, TPG has invested in sectors spanning from retail to healthcare and includes short-term home rental firm Airbnb Inc and ride-hailing company Uber Technology Inc as part of its portfolio.</p>\n<p>The firm has also raised hundreds of millions of dollars through several special purpose acquisition companies (SPACs) in recent months, <a href=\"https://laohu8.com/S/AONE\">one</a> of which agreed to take online learning platform Nerdy Inc public in January.</p>\n<p>Another high-profile deal came in February when wireless carrier AT&amp;T Inc agreed to sell about a third of its stake in its satellite TV unit to TPG, in a deal that valued the business at $16.25 billion.</p>\n<p>The Journal report comes more than a month after TPG named Jon Winkelried as its sole chief executive officer and Coulter as executive chairman. (Reporting by Niket Nishant in Bengaluru and Chibuike Oguh in New York; Editing by Ramakrishnan M.)</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>Private equity firm TPG evaluating public listing - WSJ</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\">\nPrivate equity firm TPG evaluating public listing - WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/1-private-equity-firm-tpg-213215485.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>June 30 (Reuters) - Private equity firm TPG is considering going public through an initial public offering or a blank-check merger, the Wall Street Journal reported on Wednesday, citing people ...</p>\n\n<a href=\"https://finance.yahoo.com/news/1-private-equity-firm-tpg-213215485.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CGEM":"Cullinan Therapeutics","LABP":"Landos Biopharma, Inc.","SANA":"Sana Biotechnology, Inc.","LHDX":"Lucira Health, Inc.","APR":"Apria, Inc.","LFST":"LifeStance Health Group, Inc."},"source_url":"https://finance.yahoo.com/news/1-private-equity-firm-tpg-213215485.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148843099","content_text":"June 30 (Reuters) - Private equity firm TPG is considering going public through an initial public offering or a blank-check merger, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.\nThe buyout firm could be valued at about $10 billion, the report quoted some of the sources as saying, adding that the process was still in early stages and TPG may not opt to proceed with any deal.\n\"We evaluate various strategic alternatives from time to time. No decisions have been made and we have nothing to announce at this time,\" a TPG spokesperson said in a statement.\nThe company has weighed an IPO before, according to media reports, to compete with publicly traded rivals including Apollo Global Management Inc and Blackstone Group Inc.\nOriginally known as Texas Pacific Group, TPG was founded in 1992 by former colleagues David Bonderman and Jim Coulter, and manages $91 billion in assets, according to its website.\nKnown for its leveraged buyouts, TPG has invested in sectors spanning from retail to healthcare and includes short-term home rental firm Airbnb Inc and ride-hailing company Uber Technology Inc as part of its portfolio.\nThe firm has also raised hundreds of millions of dollars through several special purpose acquisition companies (SPACs) in recent months, one of which agreed to take online learning platform Nerdy Inc public in January.\nAnother high-profile deal came in February when wireless carrier AT&T Inc agreed to sell about a third of its stake in its satellite TV unit to TPG, in a deal that valued the business at $16.25 billion.\nThe Journal report comes more than a month after TPG named Jon Winkelried as its sole chief executive officer and Coulter as executive chairman. (Reporting by Niket Nishant in Bengaluru and Chibuike Oguh in New York; Editing by Ramakrishnan M.)","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158057627,"gmtCreate":1625116017169,"gmtModify":1633944599465,"author":{"id":"4088218326026050","authorId":"4088218326026050","name":"Tre76","avatar":"https://static.tigerbbs.com/8c4f765c41d3fcc8db0a27eb326eb22d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088218326026050","authorIdStr":"4088218326026050"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158057627","repostId":"2148112845","repostType":4,"repost":{"id":"2148112845","pubTimestamp":1625097827,"share":"https://www.laohu8.com/m/news/2148112845?lang=&edition=full","pubTime":"2021-07-01 08:03","market":"us","language":"en","title":"Wall Street Analyst Says Virgin Galactic Hype Already Priced In","url":"https://stock-news.laohu8.com/highlight/detail?id=2148112845","media":"FX Empire","summary":"It’s not easy being a meme stock these days. Just ask Virgin Galatic. After rallying nearly 40% last","content":"<p>It’s not easy being a meme stock these days. Just ask Virgin Galatic. After rallying nearly 40% last Friday to its best price since early 2021, the stock has a target on its back and Wall Street is aiming straight for it. Bank of America analyst Ronald Epstein has reportedly downgraded shares of Richard Branson’s company to “sell” from “buy,” skipping over the “hold” rating altogether.</p>\n<p>Epstein might have gotten whiplash after seeing shares of Virgin Galactic surpass the USD 41 price target he had on the stock. Last Friday, shares climbed from just over USD 40 to almost USD 56. Epstein believes the space hype is already priced into the stock. That would mean that last Friday’s rally was the encore before the spacecraft left even the earth with passengers.</p>\n<p>Meme stocks tend to trade on social media sentiment instead of fundamentals, but the downward notches have taken a toll. The stock is down 1.5% today, extending yesterday’s sell-off.</p>\n<p><img src=\"https://static.tigerbbs.com/ba5ee9b6f6a6a1c2debbe8a04ed33259\" tg-width=\"800\" tg-height=\"319\" referrerpolicy=\"no-referrer\"></p>\n<h2>No Backpedaling</h2>\n<p>Bank of America is the second Wall Street firm to lower its rating on Virgin Galactic since the company received regulatory approval for passenger flights to suborbital space. Alembic Global’s Pete Skibitski in recent days lowered his rating on the stock from overweight to neutral, blaming a valuation that has “now stretched to excess levels.” The same could be said for the entire meme stock category.</p>\n<p>And while the analyst didn’t backpedal, he did leave room to change his mind when Branson’s rocket takes flight, which will most likely be this summer. Skibitski reportedly acknowledged that the trip could be a potential driver of the stock price, suggesting that there might be more runway for gains.</p>\n<h2>Billionaire Battle</h2>\n<p>The price turnaround could come sooner than analysts think. Billionaires are a competitive bunch, and Jeff Bezos, who is behind space tourism company Blue Origin, has already slated his flight to take place on July 20. According to reports, Branson is now eyeing liftoff on the weekend of July 4 to beat his rival to the punch. Retail investors on the WallStreetBets forum aren’t expecting Branson to rush his plans.</p>\n<p>Investors who are in SPCE for the long term don’t appear to be too worried about the recent profit-taking. In the meantime, Virgin Galactic is sitting on USD 600 million in cash, though it burns through that quickly, given the company’s lofty mission. <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analysts don’t expect Branson’s company to produce positive free cash flow for another seven years even in the best of scenarios. With tickets to space running USD 250K a pop, and hundreds of reservations in the pipeline, this meme stock could have more surprises for Wall Street up its sleeve.</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>Wall Street Analyst Says Virgin Galactic Hype Already Priced In</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Analyst Says Virgin Galactic Hype Already Priced In\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 08:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/wall-street-analyst-says-virgin-181347187.html><strong>FX Empire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s not easy being a meme stock these days. Just ask Virgin Galatic. After rallying nearly 40% last Friday to its best price since early 2021, the stock has a target on its back and Wall Street is ...</p>\n\n<a href=\"https://finance.yahoo.com/news/wall-street-analyst-says-virgin-181347187.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://finance.yahoo.com/news/wall-street-analyst-says-virgin-181347187.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148112845","content_text":"It’s not easy being a meme stock these days. Just ask Virgin Galatic. After rallying nearly 40% last Friday to its best price since early 2021, the stock has a target on its back and Wall Street is aiming straight for it. Bank of America analyst Ronald Epstein has reportedly downgraded shares of Richard Branson’s company to “sell” from “buy,” skipping over the “hold” rating altogether.\nEpstein might have gotten whiplash after seeing shares of Virgin Galactic surpass the USD 41 price target he had on the stock. Last Friday, shares climbed from just over USD 40 to almost USD 56. Epstein believes the space hype is already priced into the stock. That would mean that last Friday’s rally was the encore before the spacecraft left even the earth with passengers.\nMeme stocks tend to trade on social media sentiment instead of fundamentals, but the downward notches have taken a toll. The stock is down 1.5% today, extending yesterday’s sell-off.\n\nNo Backpedaling\nBank of America is the second Wall Street firm to lower its rating on Virgin Galactic since the company received regulatory approval for passenger flights to suborbital space. Alembic Global’s Pete Skibitski in recent days lowered his rating on the stock from overweight to neutral, blaming a valuation that has “now stretched to excess levels.” The same could be said for the entire meme stock category.\nAnd while the analyst didn’t backpedal, he did leave room to change his mind when Branson’s rocket takes flight, which will most likely be this summer. Skibitski reportedly acknowledged that the trip could be a potential driver of the stock price, suggesting that there might be more runway for gains.\nBillionaire Battle\nThe price turnaround could come sooner than analysts think. Billionaires are a competitive bunch, and Jeff Bezos, who is behind space tourism company Blue Origin, has already slated his flight to take place on July 20. According to reports, Branson is now eyeing liftoff on the weekend of July 4 to beat his rival to the punch. Retail investors on the WallStreetBets forum aren’t expecting Branson to rush his plans.\nInvestors who are in SPCE for the long term don’t appear to be too worried about the recent profit-taking. In the meantime, Virgin Galactic is sitting on USD 600 million in cash, though it burns through that quickly, given the company’s lofty mission. Morgan Stanley analysts don’t expect Branson’s company to produce positive free cash flow for another seven years even in the best of scenarios. With tickets to space running USD 250K a pop, and hundreds of reservations in the pipeline, this meme stock could have more surprises for Wall Street up its sleeve.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158054332,"gmtCreate":1625115935426,"gmtModify":1633944600673,"author":{"id":"4088218326026050","authorId":"4088218326026050","name":"Tre76","avatar":"https://static.tigerbbs.com/8c4f765c41d3fcc8db0a27eb326eb22d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088218326026050","authorIdStr":"4088218326026050"},"themes":[],"htmlText":"Nice article&nbsp;","listText":"Nice article&nbsp;","text":"Nice article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158054332","repostId":"2148845975","repostType":4,"repost":{"id":"2148845975","pubTimestamp":1625098545,"share":"https://www.laohu8.com/m/news/2148845975?lang=&edition=full","pubTime":"2021-07-01 08:15","market":"us","language":"en","title":"Exxon lobbyist duped by Greenpeace says climate policy was a ploy, CEO condemns statements","url":"https://stock-news.laohu8.com/highlight/detail?id=2148845975","media":"Reuters","summary":"WASHINGTON, June 30 (Reuters) - A lobbyist for Exxon Mobil Corp said the company supports a carbon t","content":"<p>WASHINGTON, June 30 (Reuters) - A lobbyist for Exxon Mobil Corp said the company supports a carbon tax publicly because the plan to curb climate change would never gain enough political support to be adopted, according to an interview aired on Wednesday.</p>\n<p>Britain's Channel 4 network aired the interview of senior Washington-based lobbyist Keith McCoy it obtained from an investigative arm of environmental campaigner Greenpeace UK, in footage that drew the ire of Exxon's chairman and chief executive.</p>\n<p>Greenpeace activists posed as headhunters to conduct separate <a href=\"https://laohu8.com/S/ZM\">Zoom</a> interviews with McCoy and a former Washington lobbyist for Exxon, Dan Easley.</p>\n<p>\"There is not an appetite for a carbon tax. It's a nonstarter,\" McCoy said to the Greenpeace activists. \"And the cynical side of me says, 'Yeah, we kind of know that.' But it gives us a talking point.\"</p>\n<p>McCoy did not immediately respond to a request for comment. He said on LinkedIn he was \"deeply embarrassed by my comments and that I allowed myself to fall for Greenpeace’s deception.\" He apologized to colleagues at Exxon in that post.</p>\n<p>Darren Woods, Exxon's chairman and chief executive, had sharp words on McCoy's comments. \"We condemn the statements and are deeply apologetic for them, including comments regarding interactions with elected officials,\" Woods said in a release.</p>\n<p>\"We were shocked by these interviews and stand by our commitments to working on finding solutions to climate change,\" Woods said.</p>\n<p>Asked whether McCoy faces disciplinary action, Exxon spokesperson Casey Norton declined to comment saying it was a private personnel matter.</p>\n<p>The footage comes a month after Exxon shareholders, frustrated by weak returns and the U.S. oil company's record on climate change, shook up the company when they elected three of four nominated directors from activist shareholder Engine No. 1 to Exxon's board.</p>\n<p>ExxonMobil in 2018 touted its investment of $1 million over two years into a carbon tax advocacy campaign in Congress. Its annual lobbying budget is $12 million.</p>\n<p>Exxon Director Ursula Burns said at a Federal Reserve Bank of Dallas virtual event this month that the company's response to environmental criticisms \"has not been well done.\"</p>\n<p>McCoy and Easley spoke candidly to the Greenpeace activists on their strategies and positions on a range of issues, including President Joe Biden's initial $2 trillion infrastructure package, which they said they worked on to remove major climate provisions and push back against proposals to raise corporate taxes.</p>\n<p>Easley said the Biden infrastructure plan contained clean energy measures that would \"accelerate the transition that I think four years from now - it is going to be difficult to unwind them.\"</p>\n<p>Easley, whose LinkedIn page says he started a new job in February, could not immediately be reached for comment. (Reporting by Valerie Volcovici and Timothy Gardner in Washington; Editing by Matthew Lewis and William Mallard)</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>Exxon lobbyist duped by Greenpeace says climate policy was a ploy, CEO condemns statements</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\">\nExxon lobbyist duped by Greenpeace says climate policy was a ploy, CEO condemns statements\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 08:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/1-exxon-lobbyist-duped-greenpeace-233645728.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON, June 30 (Reuters) - A lobbyist for Exxon Mobil Corp said the company supports a carbon tax publicly because the plan to curb climate change would never gain enough political support to be ...</p>\n\n<a href=\"https://finance.yahoo.com/news/1-exxon-lobbyist-duped-greenpeace-233645728.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚"},"source_url":"https://finance.yahoo.com/news/1-exxon-lobbyist-duped-greenpeace-233645728.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148845975","content_text":"WASHINGTON, June 30 (Reuters) - A lobbyist for Exxon Mobil Corp said the company supports a carbon tax publicly because the plan to curb climate change would never gain enough political support to be adopted, according to an interview aired on Wednesday.\nBritain's Channel 4 network aired the interview of senior Washington-based lobbyist Keith McCoy it obtained from an investigative arm of environmental campaigner Greenpeace UK, in footage that drew the ire of Exxon's chairman and chief executive.\nGreenpeace activists posed as headhunters to conduct separate Zoom interviews with McCoy and a former Washington lobbyist for Exxon, Dan Easley.\n\"There is not an appetite for a carbon tax. It's a nonstarter,\" McCoy said to the Greenpeace activists. \"And the cynical side of me says, 'Yeah, we kind of know that.' But it gives us a talking point.\"\nMcCoy did not immediately respond to a request for comment. He said on LinkedIn he was \"deeply embarrassed by my comments and that I allowed myself to fall for Greenpeace’s deception.\" He apologized to colleagues at Exxon in that post.\nDarren Woods, Exxon's chairman and chief executive, had sharp words on McCoy's comments. \"We condemn the statements and are deeply apologetic for them, including comments regarding interactions with elected officials,\" Woods said in a release.\n\"We were shocked by these interviews and stand by our commitments to working on finding solutions to climate change,\" Woods said.\nAsked whether McCoy faces disciplinary action, Exxon spokesperson Casey Norton declined to comment saying it was a private personnel matter.\nThe footage comes a month after Exxon shareholders, frustrated by weak returns and the U.S. oil company's record on climate change, shook up the company when they elected three of four nominated directors from activist shareholder Engine No. 1 to Exxon's board.\nExxonMobil in 2018 touted its investment of $1 million over two years into a carbon tax advocacy campaign in Congress. Its annual lobbying budget is $12 million.\nExxon Director Ursula Burns said at a Federal Reserve Bank of Dallas virtual event this month that the company's response to environmental criticisms \"has not been well done.\"\nMcCoy and Easley spoke candidly to the Greenpeace activists on their strategies and positions on a range of issues, including President Joe Biden's initial $2 trillion infrastructure package, which they said they worked on to remove major climate provisions and push back against proposals to raise corporate taxes.\nEasley said the Biden infrastructure plan contained clean energy measures that would \"accelerate the transition that I think four years from now - it is going to be difficult to unwind them.\"\nEasley, whose LinkedIn page says he started a new job in February, could not immediately be reached for comment. (Reporting by Valerie Volcovici and Timothy Gardner in Washington; Editing by Matthew Lewis and William Mallard)","news_type":1},"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":156240197,"gmtCreate":1625227218419,"gmtModify":1633942357495,"author":{"id":"4088218326026050","authorId":"4088218326026050","name":"Tre76","avatar":"https://static.tigerbbs.com/8c4f765c41d3fcc8db0a27eb326eb22d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088218326026050","authorIdStr":"4088218326026050"},"themes":[],"htmlText":"Now very high&nbsp;","listText":"Now very high&nbsp;","text":"Now very high","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/156240197","repostId":"1126312436","repostType":4,"repost":{"id":"1126312436","pubTimestamp":1625212145,"share":"https://www.laohu8.com/m/news/1126312436?lang=&edition=full","pubTime":"2021-07-02 15:49","market":"us","language":"en","title":"The Stock Market Had a Great First Half. 3 Things That Could Cause it to Crash.","url":"https://stock-news.laohu8.com/highlight/detail?id=1126312436","media":"Barrons","summary":"Stocks have soared relentlessly this year. Several factors, however, have the potential to end the p","content":"<p>Stocks have soared relentlessly this year. Several factors, however, have the potential to end the party.</p>\n<p>The S&amp;P 500 has had its second-best first half of a year since 1998, and it hasn’t shown many signs of letting up. The index ended June up 14.4% year to date, hitting several records during the month and posting another record close on Thursday.</p>\n<p>Yet there are a couple key risks that could turn all of that around, according to Nick Colas, co-founder of DataTrek.</p>\n<p>First, there’s the possibility of an oil price shock, as the price of crude has shown little sign of cooling off. WTI crude oil is up 56% year to date and notched a&nbsp;new multi-year high&nbsp;Thursday—even amid growing&nbsp;expectations that OPEC will increase supply. If oil prices run hot enough, that could raise inflation to a level that—if sustained — could cause consumer demand to fall and that could surpass Federal Reserve expectations.</p>\n<p>“Suddenly higher oil prices” is atop the list of stock market concerns for Colas. “Rapidly rising oil prices will cause U.S. inflation to overshoot the Fed’s desired outcome and also stress the American consumer.”</p>\n<p>Both those things could dent the stock market, which has long benefited from the Fed’s accommodative monetary policy, especially if the Fed signals that interest-rate increases could come sooner than expected.</p>\n<p>That means the Fed will need to tread carefully when discussing rates to avoid spooking the market, Colas says.</p>\n<p>“Federal Reserve miscommunication about upcoming policy changes and/or raising interest rates too aggressively” is a second risk, Colas says. For instance, the S&amp;P 500&nbsp;dived 18% over roughly three months in late 2018 as the Fed raised rates, despite the market’s hope at that time for rates to stay put.</p>\n<p>Peaking earnings growth is the other threat to stocks, Colas says. Earnings growth for the average S&amp;P 500 company is expected slow down to 11% in 2022 from 36% in 2021, according to FactSet, as the economy normalizes and the postpandemic recovery eases. But on average, S&amp;P 500 stocks trade at 21.5 times expected earnings for the next 12 months, still above the index’s pre-pandemic multiple. At some point, stocks valuations will need to better reflect the expected decline in earnings growth, which would mean falling stock prices.</p>\n<p>“Valuations are high enough currently that peaking earnings could be a larger risk than before,” Colas writes.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Stock Market Had a Great First Half. 3 Things That Could Cause it to Crash.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Stock Market Had a Great First Half. 3 Things That Could Cause it to Crash.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 15:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-crash-risks-51625174065><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks have soared relentlessly this year. Several factors, however, have the potential to end the party.\nThe S&P 500 has had its second-best first half of a year since 1998, and it hasn’t shown many ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-crash-risks-51625174065\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/stock-market-crash-risks-51625174065","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126312436","content_text":"Stocks have soared relentlessly this year. Several factors, however, have the potential to end the party.\nThe S&P 500 has had its second-best first half of a year since 1998, and it hasn’t shown many signs of letting up. The index ended June up 14.4% year to date, hitting several records during the month and posting another record close on Thursday.\nYet there are a couple key risks that could turn all of that around, according to Nick Colas, co-founder of DataTrek.\nFirst, there’s the possibility of an oil price shock, as the price of crude has shown little sign of cooling off. WTI crude oil is up 56% year to date and notched a new multi-year high Thursday—even amid growing expectations that OPEC will increase supply. If oil prices run hot enough, that could raise inflation to a level that—if sustained — could cause consumer demand to fall and that could surpass Federal Reserve expectations.\n“Suddenly higher oil prices” is atop the list of stock market concerns for Colas. “Rapidly rising oil prices will cause U.S. inflation to overshoot the Fed’s desired outcome and also stress the American consumer.”\nBoth those things could dent the stock market, which has long benefited from the Fed’s accommodative monetary policy, especially if the Fed signals that interest-rate increases could come sooner than expected.\nThat means the Fed will need to tread carefully when discussing rates to avoid spooking the market, Colas says.\n“Federal Reserve miscommunication about upcoming policy changes and/or raising interest rates too aggressively” is a second risk, Colas says. For instance, the S&P 500 dived 18% over roughly three months in late 2018 as the Fed raised rates, despite the market’s hope at that time for rates to stay put.\nPeaking earnings growth is the other threat to stocks, Colas says. Earnings growth for the average S&P 500 company is expected slow down to 11% in 2022 from 36% in 2021, according to FactSet, as the economy normalizes and the postpandemic recovery eases. But on average, S&P 500 stocks trade at 21.5 times expected earnings for the next 12 months, still above the index’s pre-pandemic multiple. At some point, stocks valuations will need to better reflect the expected decline in earnings growth, which would mean falling stock prices.\n“Valuations are high enough currently that peaking earnings could be a larger risk than before,” Colas writes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158078176,"gmtCreate":1625117140995,"gmtModify":1633944586622,"author":{"id":"4088218326026050","authorId":"4088218326026050","name":"Tre76","avatar":"https://static.tigerbbs.com/8c4f765c41d3fcc8db0a27eb326eb22d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088218326026050","authorIdStr":"4088218326026050"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158078176","repostId":"2148843099","repostType":4,"repost":{"id":"2148843099","pubTimestamp":1625097615,"share":"https://www.laohu8.com/m/news/2148843099?lang=&edition=full","pubTime":"2021-07-01 08:00","market":"us","language":"en","title":"Private equity firm TPG evaluating public listing - WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2148843099","media":"Reuters","summary":"June 30 (Reuters) - Private equity firm TPG is considering going public through an initial public of","content":"<p>June 30 (Reuters) - Private equity firm TPG is considering going public through an initial public offering or a blank-check merger, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.</p>\n<p>The buyout firm could be valued at about $10 billion, the report quoted some of the sources as saying, adding that the process was still in early stages and TPG may not opt to proceed with any deal.</p>\n<p>\"We evaluate various strategic alternatives from time to time. No decisions have been made and we have nothing to announce at this time,\" a TPG spokesperson said in a statement.</p>\n<p>The company has weighed an IPO before, according to media reports, to compete with publicly traded rivals including Apollo Global Management Inc and Blackstone Group Inc.</p>\n<p>Originally known as Texas Pacific Group, TPG was founded in 1992 by former colleagues David Bonderman and Jim Coulter, and manages $91 billion in assets, according to its website.</p>\n<p>Known for its leveraged buyouts, TPG has invested in sectors spanning from retail to healthcare and includes short-term home rental firm Airbnb Inc and ride-hailing company Uber Technology Inc as part of its portfolio.</p>\n<p>The firm has also raised hundreds of millions of dollars through several special purpose acquisition companies (SPACs) in recent months, <a href=\"https://laohu8.com/S/AONE\">one</a> of which agreed to take online learning platform Nerdy Inc public in January.</p>\n<p>Another high-profile deal came in February when wireless carrier AT&amp;T Inc agreed to sell about a third of its stake in its satellite TV unit to TPG, in a deal that valued the business at $16.25 billion.</p>\n<p>The Journal report comes more than a month after TPG named Jon Winkelried as its sole chief executive officer and Coulter as executive chairman. (Reporting by Niket Nishant in Bengaluru and Chibuike Oguh in New York; Editing by Ramakrishnan M.)</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>Private equity firm TPG evaluating public listing - WSJ</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\">\nPrivate equity firm TPG evaluating public listing - WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/1-private-equity-firm-tpg-213215485.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>June 30 (Reuters) - Private equity firm TPG is considering going public through an initial public offering or a blank-check merger, the Wall Street Journal reported on Wednesday, citing people ...</p>\n\n<a href=\"https://finance.yahoo.com/news/1-private-equity-firm-tpg-213215485.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CGEM":"Cullinan Therapeutics","LABP":"Landos Biopharma, Inc.","SANA":"Sana Biotechnology, Inc.","LHDX":"Lucira Health, Inc.","APR":"Apria, Inc.","LFST":"LifeStance Health Group, Inc."},"source_url":"https://finance.yahoo.com/news/1-private-equity-firm-tpg-213215485.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148843099","content_text":"June 30 (Reuters) - Private equity firm TPG is considering going public through an initial public offering or a blank-check merger, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.\nThe buyout firm could be valued at about $10 billion, the report quoted some of the sources as saying, adding that the process was still in early stages and TPG may not opt to proceed with any deal.\n\"We evaluate various strategic alternatives from time to time. No decisions have been made and we have nothing to announce at this time,\" a TPG spokesperson said in a statement.\nThe company has weighed an IPO before, according to media reports, to compete with publicly traded rivals including Apollo Global Management Inc and Blackstone Group Inc.\nOriginally known as Texas Pacific Group, TPG was founded in 1992 by former colleagues David Bonderman and Jim Coulter, and manages $91 billion in assets, according to its website.\nKnown for its leveraged buyouts, TPG has invested in sectors spanning from retail to healthcare and includes short-term home rental firm Airbnb Inc and ride-hailing company Uber Technology Inc as part of its portfolio.\nThe firm has also raised hundreds of millions of dollars through several special purpose acquisition companies (SPACs) in recent months, one of which agreed to take online learning platform Nerdy Inc public in January.\nAnother high-profile deal came in February when wireless carrier AT&T Inc agreed to sell about a third of its stake in its satellite TV unit to TPG, in a deal that valued the business at $16.25 billion.\nThe Journal report comes more than a month after TPG named Jon Winkelried as its sole chief executive officer and Coulter as executive chairman. (Reporting by Niket Nishant in Bengaluru and Chibuike Oguh in New York; Editing by Ramakrishnan M.)","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158057627,"gmtCreate":1625116017169,"gmtModify":1633944599465,"author":{"id":"4088218326026050","authorId":"4088218326026050","name":"Tre76","avatar":"https://static.tigerbbs.com/8c4f765c41d3fcc8db0a27eb326eb22d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088218326026050","authorIdStr":"4088218326026050"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158057627","repostId":"2148112845","repostType":4,"repost":{"id":"2148112845","pubTimestamp":1625097827,"share":"https://www.laohu8.com/m/news/2148112845?lang=&edition=full","pubTime":"2021-07-01 08:03","market":"us","language":"en","title":"Wall Street Analyst Says Virgin Galactic Hype Already Priced In","url":"https://stock-news.laohu8.com/highlight/detail?id=2148112845","media":"FX Empire","summary":"It’s not easy being a meme stock these days. Just ask Virgin Galatic. After rallying nearly 40% last","content":"<p>It’s not easy being a meme stock these days. Just ask Virgin Galatic. After rallying nearly 40% last Friday to its best price since early 2021, the stock has a target on its back and Wall Street is aiming straight for it. Bank of America analyst Ronald Epstein has reportedly downgraded shares of Richard Branson’s company to “sell” from “buy,” skipping over the “hold” rating altogether.</p>\n<p>Epstein might have gotten whiplash after seeing shares of Virgin Galactic surpass the USD 41 price target he had on the stock. Last Friday, shares climbed from just over USD 40 to almost USD 56. Epstein believes the space hype is already priced into the stock. That would mean that last Friday’s rally was the encore before the spacecraft left even the earth with passengers.</p>\n<p>Meme stocks tend to trade on social media sentiment instead of fundamentals, but the downward notches have taken a toll. The stock is down 1.5% today, extending yesterday’s sell-off.</p>\n<p><img src=\"https://static.tigerbbs.com/ba5ee9b6f6a6a1c2debbe8a04ed33259\" tg-width=\"800\" tg-height=\"319\" referrerpolicy=\"no-referrer\"></p>\n<h2>No Backpedaling</h2>\n<p>Bank of America is the second Wall Street firm to lower its rating on Virgin Galactic since the company received regulatory approval for passenger flights to suborbital space. Alembic Global’s Pete Skibitski in recent days lowered his rating on the stock from overweight to neutral, blaming a valuation that has “now stretched to excess levels.” The same could be said for the entire meme stock category.</p>\n<p>And while the analyst didn’t backpedal, he did leave room to change his mind when Branson’s rocket takes flight, which will most likely be this summer. Skibitski reportedly acknowledged that the trip could be a potential driver of the stock price, suggesting that there might be more runway for gains.</p>\n<h2>Billionaire Battle</h2>\n<p>The price turnaround could come sooner than analysts think. Billionaires are a competitive bunch, and Jeff Bezos, who is behind space tourism company Blue Origin, has already slated his flight to take place on July 20. According to reports, Branson is now eyeing liftoff on the weekend of July 4 to beat his rival to the punch. Retail investors on the WallStreetBets forum aren’t expecting Branson to rush his plans.</p>\n<p>Investors who are in SPCE for the long term don’t appear to be too worried about the recent profit-taking. In the meantime, Virgin Galactic is sitting on USD 600 million in cash, though it burns through that quickly, given the company’s lofty mission. <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analysts don’t expect Branson’s company to produce positive free cash flow for another seven years even in the best of scenarios. With tickets to space running USD 250K a pop, and hundreds of reservations in the pipeline, this meme stock could have more surprises for Wall Street up its sleeve.</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>Wall Street Analyst Says Virgin Galactic Hype Already Priced In</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Analyst Says Virgin Galactic Hype Already Priced In\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 08:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/wall-street-analyst-says-virgin-181347187.html><strong>FX Empire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s not easy being a meme stock these days. Just ask Virgin Galatic. After rallying nearly 40% last Friday to its best price since early 2021, the stock has a target on its back and Wall Street is ...</p>\n\n<a href=\"https://finance.yahoo.com/news/wall-street-analyst-says-virgin-181347187.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://finance.yahoo.com/news/wall-street-analyst-says-virgin-181347187.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148112845","content_text":"It’s not easy being a meme stock these days. Just ask Virgin Galatic. After rallying nearly 40% last Friday to its best price since early 2021, the stock has a target on its back and Wall Street is aiming straight for it. Bank of America analyst Ronald Epstein has reportedly downgraded shares of Richard Branson’s company to “sell” from “buy,” skipping over the “hold” rating altogether.\nEpstein might have gotten whiplash after seeing shares of Virgin Galactic surpass the USD 41 price target he had on the stock. Last Friday, shares climbed from just over USD 40 to almost USD 56. Epstein believes the space hype is already priced into the stock. That would mean that last Friday’s rally was the encore before the spacecraft left even the earth with passengers.\nMeme stocks tend to trade on social media sentiment instead of fundamentals, but the downward notches have taken a toll. The stock is down 1.5% today, extending yesterday’s sell-off.\n\nNo Backpedaling\nBank of America is the second Wall Street firm to lower its rating on Virgin Galactic since the company received regulatory approval for passenger flights to suborbital space. Alembic Global’s Pete Skibitski in recent days lowered his rating on the stock from overweight to neutral, blaming a valuation that has “now stretched to excess levels.” The same could be said for the entire meme stock category.\nAnd while the analyst didn’t backpedal, he did leave room to change his mind when Branson’s rocket takes flight, which will most likely be this summer. Skibitski reportedly acknowledged that the trip could be a potential driver of the stock price, suggesting that there might be more runway for gains.\nBillionaire Battle\nThe price turnaround could come sooner than analysts think. Billionaires are a competitive bunch, and Jeff Bezos, who is behind space tourism company Blue Origin, has already slated his flight to take place on July 20. According to reports, Branson is now eyeing liftoff on the weekend of July 4 to beat his rival to the punch. Retail investors on the WallStreetBets forum aren’t expecting Branson to rush his plans.\nInvestors who are in SPCE for the long term don’t appear to be too worried about the recent profit-taking. In the meantime, Virgin Galactic is sitting on USD 600 million in cash, though it burns through that quickly, given the company’s lofty mission. Morgan Stanley analysts don’t expect Branson’s company to produce positive free cash flow for another seven years even in the best of scenarios. With tickets to space running USD 250K a pop, and hundreds of reservations in the pipeline, this meme stock could have more surprises for Wall Street up its sleeve.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158054332,"gmtCreate":1625115935426,"gmtModify":1633944600673,"author":{"id":"4088218326026050","authorId":"4088218326026050","name":"Tre76","avatar":"https://static.tigerbbs.com/8c4f765c41d3fcc8db0a27eb326eb22d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088218326026050","authorIdStr":"4088218326026050"},"themes":[],"htmlText":"Nice article&nbsp;","listText":"Nice article&nbsp;","text":"Nice article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158054332","repostId":"2148845975","repostType":4,"repost":{"id":"2148845975","pubTimestamp":1625098545,"share":"https://www.laohu8.com/m/news/2148845975?lang=&edition=full","pubTime":"2021-07-01 08:15","market":"us","language":"en","title":"Exxon lobbyist duped by Greenpeace says climate policy was a ploy, CEO condemns statements","url":"https://stock-news.laohu8.com/highlight/detail?id=2148845975","media":"Reuters","summary":"WASHINGTON, June 30 (Reuters) - A lobbyist for Exxon Mobil Corp said the company supports a carbon t","content":"<p>WASHINGTON, June 30 (Reuters) - A lobbyist for Exxon Mobil Corp said the company supports a carbon tax publicly because the plan to curb climate change would never gain enough political support to be adopted, according to an interview aired on Wednesday.</p>\n<p>Britain's Channel 4 network aired the interview of senior Washington-based lobbyist Keith McCoy it obtained from an investigative arm of environmental campaigner Greenpeace UK, in footage that drew the ire of Exxon's chairman and chief executive.</p>\n<p>Greenpeace activists posed as headhunters to conduct separate <a href=\"https://laohu8.com/S/ZM\">Zoom</a> interviews with McCoy and a former Washington lobbyist for Exxon, Dan Easley.</p>\n<p>\"There is not an appetite for a carbon tax. It's a nonstarter,\" McCoy said to the Greenpeace activists. \"And the cynical side of me says, 'Yeah, we kind of know that.' But it gives us a talking point.\"</p>\n<p>McCoy did not immediately respond to a request for comment. He said on LinkedIn he was \"deeply embarrassed by my comments and that I allowed myself to fall for Greenpeace’s deception.\" He apologized to colleagues at Exxon in that post.</p>\n<p>Darren Woods, Exxon's chairman and chief executive, had sharp words on McCoy's comments. \"We condemn the statements and are deeply apologetic for them, including comments regarding interactions with elected officials,\" Woods said in a release.</p>\n<p>\"We were shocked by these interviews and stand by our commitments to working on finding solutions to climate change,\" Woods said.</p>\n<p>Asked whether McCoy faces disciplinary action, Exxon spokesperson Casey Norton declined to comment saying it was a private personnel matter.</p>\n<p>The footage comes a month after Exxon shareholders, frustrated by weak returns and the U.S. oil company's record on climate change, shook up the company when they elected three of four nominated directors from activist shareholder Engine No. 1 to Exxon's board.</p>\n<p>ExxonMobil in 2018 touted its investment of $1 million over two years into a carbon tax advocacy campaign in Congress. Its annual lobbying budget is $12 million.</p>\n<p>Exxon Director Ursula Burns said at a Federal Reserve Bank of Dallas virtual event this month that the company's response to environmental criticisms \"has not been well done.\"</p>\n<p>McCoy and Easley spoke candidly to the Greenpeace activists on their strategies and positions on a range of issues, including President Joe Biden's initial $2 trillion infrastructure package, which they said they worked on to remove major climate provisions and push back against proposals to raise corporate taxes.</p>\n<p>Easley said the Biden infrastructure plan contained clean energy measures that would \"accelerate the transition that I think four years from now - it is going to be difficult to unwind them.\"</p>\n<p>Easley, whose LinkedIn page says he started a new job in February, could not immediately be reached for comment. (Reporting by Valerie Volcovici and Timothy Gardner in Washington; Editing by Matthew Lewis and William Mallard)</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>Exxon lobbyist duped by Greenpeace says climate policy was a ploy, CEO condemns statements</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\">\nExxon lobbyist duped by Greenpeace says climate policy was a ploy, CEO condemns statements\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 08:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/1-exxon-lobbyist-duped-greenpeace-233645728.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON, June 30 (Reuters) - A lobbyist for Exxon Mobil Corp said the company supports a carbon tax publicly because the plan to curb climate change would never gain enough political support to be ...</p>\n\n<a href=\"https://finance.yahoo.com/news/1-exxon-lobbyist-duped-greenpeace-233645728.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚"},"source_url":"https://finance.yahoo.com/news/1-exxon-lobbyist-duped-greenpeace-233645728.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148845975","content_text":"WASHINGTON, June 30 (Reuters) - A lobbyist for Exxon Mobil Corp said the company supports a carbon tax publicly because the plan to curb climate change would never gain enough political support to be adopted, according to an interview aired on Wednesday.\nBritain's Channel 4 network aired the interview of senior Washington-based lobbyist Keith McCoy it obtained from an investigative arm of environmental campaigner Greenpeace UK, in footage that drew the ire of Exxon's chairman and chief executive.\nGreenpeace activists posed as headhunters to conduct separate Zoom interviews with McCoy and a former Washington lobbyist for Exxon, Dan Easley.\n\"There is not an appetite for a carbon tax. It's a nonstarter,\" McCoy said to the Greenpeace activists. \"And the cynical side of me says, 'Yeah, we kind of know that.' But it gives us a talking point.\"\nMcCoy did not immediately respond to a request for comment. He said on LinkedIn he was \"deeply embarrassed by my comments and that I allowed myself to fall for Greenpeace’s deception.\" He apologized to colleagues at Exxon in that post.\nDarren Woods, Exxon's chairman and chief executive, had sharp words on McCoy's comments. \"We condemn the statements and are deeply apologetic for them, including comments regarding interactions with elected officials,\" Woods said in a release.\n\"We were shocked by these interviews and stand by our commitments to working on finding solutions to climate change,\" Woods said.\nAsked whether McCoy faces disciplinary action, Exxon spokesperson Casey Norton declined to comment saying it was a private personnel matter.\nThe footage comes a month after Exxon shareholders, frustrated by weak returns and the U.S. oil company's record on climate change, shook up the company when they elected three of four nominated directors from activist shareholder Engine No. 1 to Exxon's board.\nExxonMobil in 2018 touted its investment of $1 million over two years into a carbon tax advocacy campaign in Congress. Its annual lobbying budget is $12 million.\nExxon Director Ursula Burns said at a Federal Reserve Bank of Dallas virtual event this month that the company's response to environmental criticisms \"has not been well done.\"\nMcCoy and Easley spoke candidly to the Greenpeace activists on their strategies and positions on a range of issues, including President Joe Biden's initial $2 trillion infrastructure package, which they said they worked on to remove major climate provisions and push back against proposals to raise corporate taxes.\nEasley said the Biden infrastructure plan contained clean energy measures that would \"accelerate the transition that I think four years from now - it is going to be difficult to unwind them.\"\nEasley, whose LinkedIn page says he started a new job in February, could not immediately be reached for comment. (Reporting by Valerie Volcovici and Timothy Gardner in Washington; Editing by Matthew Lewis and William Mallard)","news_type":1},"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}