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2021-12-15

Ok

Cathie Wood Loads Up Another $4.3M In This Chinese Tesla Rival<blockquote>凯西·伍德 (Cathie Wood) 在这家中国特斯拉竞争对手中又投入了 430 万美元</blockquote>

2021-11-01

Nice

What's the best month for stocks? Hint: the next four weeks<blockquote>股票哪个月最好？提示：未来四周</blockquote>

2021-10-29

Lol

抱歉，原内容已删除

2021-10-04

🙏🏻

Fed's Bullard: U.S. businesses having no problems raising prices<blockquote>美联储布拉德：美国企业提价没有问题</blockquote>

2021-09-20

Good luck

抱歉，原内容已删除

2021-09-20

Some?

Some China concepts stocks fell in premarket trading<blockquote>一些中国概念股在盘前交易中下跌</blockquote>

2021-09-10

$ARK Innovation ETF(ARKK)$Dip wru

2021-09-07

$ARK Innovation ETF(ARKK)$Let’s go

2021-08-11

Nice comment

抱歉，原内容已删除

2021-08-03

Chicken genius

抱歉，原内容已删除

2021-07-31

Ok

Antitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动家想要全力以赴。这是他们应该首先考虑的一个教训</blockquote>

2021-07-29

$Pinduoduo Inc.(PDD)$Good good gogoo

2021-07-28

$Tiger Brokers(TIGR)$Let’s go 🐅

2021-07-20

$SoFi Technologies Inc.(SOFI)$Like and comment

2021-07-15

Interesting

Cathie Wood Trims Nvidia, Shopify Stakes And Piles Up Another $7M In Bitcoin Play Coinbase<blockquote>Cathie Wood 削减 Nvidia 和 Shopify 的股份，并在比特币 Play Coinbase 上再筹集 700 万美元</blockquote>

2021-07-07

$Altimeter Growth Corp.(AGC)$Cry

2021-07-05

BTD @arkk

2021-07-02

Nice

抱歉，原内容已删除

2021-07-01

Let’s go

The S&P 500 Notches Its Second-Best First Half Since the Dot-Com Bubble. What Comes Next.<blockquote>标普500创下了自互联网泡沫以来第二好的上半年。接下来会发生什么。</blockquote>

2021-07-01

B nice

抱歉，原内容已删除

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dip.</p><p><blockquote>热门投资管理公司<b>方舟投资、</b>领导<b>凯西·伍德，</b>周二，购买了更多在美国上市的中国电动汽车制造商的股票<b>小鹏汽车</b>（纽约证券交易所股票代码：XPEV）下跌。</blockquote></p><p> Ark Invest bought 97,697 shares — estimated to be worth $4.34 million — in the Guangzhou, China-based Xpeng.</p><p><blockquote>Ark Invest 购买了总部位于中国广州的小鹏汽车 97,697 股股票，估计价值 434 万美元。</blockquote></p><p> Xpeng’s stock closed 1.92% lower at $44.47 a share on Tuesday and has fallen 7.35% in the past five days.</p><p><blockquote>小鹏汽车股价周二收盘下跌 1.92%，报每股 44.47 美元，过去五天下跌了 7.35%。</blockquote></p><p> Xpeng and other Chinese peer shares such as&nbsp;<b>Nio Inc</b>(NYSE:NIO) have been under pressure recently.</p><p><blockquote>小鹏汽车和其他中国同行股票，例如<b>蔚来公司</b>（纽约证券交易所股票代码：NIO）最近一直面临压力。</blockquote></p><p> Xpeng bolted ahead of local rivals Nio and&nbsp;<b>Li Auto Inc</b>(NASDAQ:LI) in terms of monthly volume when it reported November deliveries.</p><p><blockquote>小鹏汽车领先于当地竞争对手蔚来和<b>理想汽车公司</b>（纳斯达克股票代码：LI）报告 11 月份交付量时的月度交易量。</blockquote></p><p> Each of the three players said they delivered more than 10,000 electric vehicles — with Xpeng leading the pack at 15,613 units, Li Auto grabbing the second spot at 13,485 units and Nio dispatching 10,878 units to dealers during the month.</p><p><blockquote>这三家公司均表示，他们交付了超过 10,000 辆电动汽车，其中小鹏汽车以 15,613 辆位居榜首，理想汽车以 13,485 辆位居第二，蔚来本月向经销商交付了 10,878 辆。</blockquote></p><p> Xpeng Chairman Brian Gu last month said the company aims to sell half of its electric vehicles outside of China.</p><p><blockquote>小鹏汽车董事长顾布莱恩上个月表示，该公司的目标是在中国境外销售一半的电动汽车。</blockquote></p><p> The maker of electric sedans and SUVs already sells electric vehicles in Norway and plans to ramp up investments overseas next year, including in Sweden, Denmark and the Netherlands.</p><p><blockquote>这家电动轿车和SUV制造商已经在挪威销售电动汽车，并计划明年加大海外投资，包括瑞典、丹麦和荷兰。</blockquote></p><p> Ark Invest bought shares in Xpeng via the&nbsp;<b>ArkAutonomous Technology &amp; Robotics ETF</b>.</p><p><blockquote>Ark Invest 通过<b>ArkAutonomous 技术与机器人 ETF</b>.</blockquote></p><p> ARKQ held 524,034 shares — worth $23.74 million in Xpeng, prior to Tuesday’s trade.</p><p><blockquote>在周二的交易之前，ARKQ 持有 524,034 股小鹏汽车股票，价值 2,374 万美元。</blockquote></p><p> <b>Tesla Inc</b>&nbsp;is the only other all-electric vehicle manufacturer in which Ark Invest has bought large amounts. The firm counts Tesla as its largest holding and owns shares worth billions in the company via its exchange-traded funds.</p><p><blockquote><b>特斯拉公司</b>是 Ark Invest 大量购买的唯一另一家全电动汽车制造商。该公司将特斯拉视为其最大的控股公司，并通过其交易所交易基金持有该公司价值数十亿美元的股票。</blockquote></p><p> The investment firm has been booking profit in Tesla since early September when shares of the company began an upward march.</p><p><blockquote>自9月初该公司股价开始上涨以来，这家投资公司一直在特斯拉录得利润。</blockquote></p><p> Tesla stock has slipped below the $1,000 levels and its market cap is now below $1-trillion as well.</p><p><blockquote>特斯拉股价已跌破 1,000 美元水平，其市值目前也低于 1 万亿美元。</blockquote></p><p> Here are a few other key Ark trades from Tuesday:</p><p><blockquote>以下是周二的其他一些重要方舟交易：</blockquote></p><p> <ul>  <li>Bought 11,671 shares — estimated to be worth $3 million — in&nbsp;<b>Coinbase</b>&nbsp;<b>Global Inc</b>. The stock closed 1.79% higher at $255.86 a share on Tuesday.</li>  <li>Sold 56,925 shares — estimated to be worth $4.4 million — in<b>JD.com Inc</b>. The stock closed 0.51% lower at $77.65 a share.</li> </ul></p><p><blockquote><ul><li>购买了 11,671 股股票，估计价值 300 万美元<b>比特币基地</b> <b>环球公司</b>该股周二收盘上涨1.79%，至每股255.86美元。</li><li>出售 56,925 股股票（估计价值 440 万美元）<b>京东公司</b>该股收盘下跌 0.51%，至每股 77.65 美元。</li></ul></blockquote></p><p></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>Cathie Wood Loads Up Another $4.3M In This Chinese Tesla Rival<blockquote>凯西·伍德 (Cathie Wood) 在这家中国特斯拉竞争对手中又投入了 430 万美元</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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 Loads Up Another $4.3M In This Chinese Tesla Rival<blockquote>凯西·伍德 (Cathie Wood) 在这家中国特斯拉竞争对手中又投入了 430 万美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\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 Earnings </p>\n<p class=\"h-time smaller\">2021-12-15 15:03</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Popular investment&nbsp;management firm&nbsp;<b>Ark Invest,</b>led by&nbsp;<b>Cathie Wood,</b>on Tuesday, bought more shares in the U.S. listed Chinese electric vehicle maker&nbsp;<b>Xpeng Inc</b>(NYSE:XPEV) on the dip.</p><p><blockquote>热门投资管理公司<b>方舟投资、</b>领导<b>凯西·伍德，</b>周二，购买了更多在美国上市的中国电动汽车制造商的股票<b>小鹏汽车</b>（纽约证券交易所股票代码：XPEV）下跌。</blockquote></p><p> Ark Invest bought 97,697 shares — estimated to be worth $4.34 million — in the Guangzhou, China-based Xpeng.</p><p><blockquote>Ark Invest 购买了总部位于中国广州的小鹏汽车 97,697 股股票，估计价值 434 万美元。</blockquote></p><p> Xpeng’s stock closed 1.92% lower at $44.47 a share on Tuesday and has fallen 7.35% in the past five days.</p><p><blockquote>小鹏汽车股价周二收盘下跌 1.92%，报每股 44.47 美元，过去五天下跌了 7.35%。</blockquote></p><p> Xpeng and other Chinese peer shares such as&nbsp;<b>Nio Inc</b>(NYSE:NIO) have been under pressure recently.</p><p><blockquote>小鹏汽车和其他中国同行股票，例如<b>蔚来公司</b>（纽约证券交易所股票代码：NIO）最近一直面临压力。</blockquote></p><p> Xpeng bolted ahead of local rivals Nio and&nbsp;<b>Li Auto Inc</b>(NASDAQ:LI) in terms of monthly volume when it reported November deliveries.</p><p><blockquote>小鹏汽车领先于当地竞争对手蔚来和<b>理想汽车公司</b>（纳斯达克股票代码：LI）报告 11 月份交付量时的月度交易量。</blockquote></p><p> Each of the three players said they delivered more than 10,000 electric vehicles — with Xpeng leading the pack at 15,613 units, Li Auto grabbing the second spot at 13,485 units and Nio dispatching 10,878 units to dealers during the month.</p><p><blockquote>这三家公司均表示，他们交付了超过 10,000 辆电动汽车，其中小鹏汽车以 15,613 辆位居榜首，理想汽车以 13,485 辆位居第二，蔚来本月向经销商交付了 10,878 辆。</blockquote></p><p> Xpeng Chairman Brian Gu last month said the company aims to sell half of its electric vehicles outside of China.</p><p><blockquote>小鹏汽车董事长顾布莱恩上个月表示，该公司的目标是在中国境外销售一半的电动汽车。</blockquote></p><p> The maker of electric sedans and SUVs already sells electric vehicles in Norway and plans to ramp up investments overseas next year, including in Sweden, Denmark and the Netherlands.</p><p><blockquote>这家电动轿车和SUV制造商已经在挪威销售电动汽车，并计划明年加大海外投资，包括瑞典、丹麦和荷兰。</blockquote></p><p> Ark Invest bought shares in Xpeng via the&nbsp;<b>ArkAutonomous Technology &amp; Robotics ETF</b>.</p><p><blockquote>Ark Invest 通过<b>ArkAutonomous 技术与机器人 ETF</b>.</blockquote></p><p> ARKQ held 524,034 shares — worth $23.74 million in Xpeng, prior to Tuesday’s trade.</p><p><blockquote>在周二的交易之前，ARKQ 持有 524,034 股小鹏汽车股票，价值 2,374 万美元。</blockquote></p><p> <b>Tesla Inc</b>&nbsp;is the only other all-electric vehicle manufacturer in which Ark Invest has bought large amounts. The firm counts Tesla as its largest holding and owns shares worth billions in the company via its exchange-traded funds.</p><p><blockquote><b>特斯拉公司</b>是 Ark Invest 大量购买的唯一另一家全电动汽车制造商。该公司将特斯拉视为其最大的控股公司，并通过其交易所交易基金持有该公司价值数十亿美元的股票。</blockquote></p><p> The investment firm has been booking profit in Tesla since early September when shares of the company began an upward march.</p><p><blockquote>自9月初该公司股价开始上涨以来，这家投资公司一直在特斯拉录得利润。</blockquote></p><p> Tesla stock has slipped below the $1,000 levels and its market cap is now below $1-trillion as well.</p><p><blockquote>特斯拉股价已跌破 1,000 美元水平，其市值目前也低于 1 万亿美元。</blockquote></p><p> Here are a few other key Ark trades from Tuesday:</p><p><blockquote>以下是周二的其他一些重要方舟交易：</blockquote></p><p> <ul>  <li>Bought 11,671 shares — estimated to be worth $3 million — in&nbsp;<b>Coinbase</b>&nbsp;<b>Global Inc</b>. The stock closed 1.79% higher at $255.86 a share on Tuesday.</li>  <li>Sold 56,925 shares — estimated to be worth $4.4 million — in<b>JD.com Inc</b>. The stock closed 0.51% lower at $77.65 a share.</li> </ul></p><p><blockquote><ul><li>购买了 11,671 股股票，估计价值 300 万美元<b>比特币基地</b> <b>环球公司</b>该股周二收盘上涨1.79%，至每股255.86美元。</li><li>出售 56,925 股股票（估计价值 440 万美元）<b>京东公司</b>该股收盘下跌 0.51%，至每股 77.65 美元。</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKQ":"ARK Autonomous Technology & Robotics ETF","JD":"京东","XPEV":"小鹏集团"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160618167","content_text":"Popular investment management firm Ark Invest,led by Cathie Wood,on Tuesday, bought more shares in the U.S. listed Chinese electric vehicle maker Xpeng Inc(NYSE:XPEV) on the dip.\nArk Invest bought 97,697 shares — estimated to be worth $4.34 million — in the Guangzhou, China-based Xpeng.\nXpeng’s stock closed 1.92% lower at $44.47 a share on Tuesday and has fallen 7.35% in the past five days.\nXpeng and other Chinese peer shares such as Nio Inc(NYSE:NIO) have been under pressure recently.\nXpeng bolted ahead of local rivals Nio and Li Auto Inc(NASDAQ:LI) in terms of monthly volume when it reported November deliveries.\nEach of the three players said they delivered more than 10,000 electric vehicles — with Xpeng leading the pack at 15,613 units, Li Auto grabbing the second spot at 13,485 units and Nio dispatching 10,878 units to dealers during the month.\nXpeng Chairman Brian Gu last month said the company aims to sell half of its electric vehicles outside of China.\nThe maker of electric sedans and SUVs already sells electric vehicles in Norway and plans to ramp up investments overseas next year, including in Sweden, Denmark and the Netherlands.\nArk Invest bought shares in Xpeng via the ArkAutonomous Technology & Robotics ETF.\nARKQ held 524,034 shares — worth $23.74 million in Xpeng, prior to Tuesday’s trade.\nTesla Inc is the only other all-electric vehicle manufacturer in which Ark Invest has bought large amounts. The firm counts Tesla as its largest holding and owns shares worth billions in the company via its exchange-traded funds.\nThe investment firm has been booking profit in Tesla since early September when shares of the company began an upward march.\nTesla stock has slipped below the $1,000 levels and its market cap is now below $1-trillion as well.\nHere are a few other key Ark trades from Tuesday:\n\nBought 11,671 shares — estimated to be worth $3 million — in Coinbase Global Inc. The stock closed 1.79% higher at $255.86 a share on Tuesday.\nSold 56,925 shares — estimated to be worth $4.4 million — inJD.com Inc. The stock closed 0.51% lower at $77.65 a share.","news_type":1,"symbols_score_info":{"ARKQ":0,"XPEV":0,"JD":0}},"isVote":1,"tweetType":1,"viewCount":2759,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849896833,"gmtCreate":1635740176594,"gmtModify":1635740176678,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849896833","repostId":"1150912013","repostType":2,"repost":{"id":"1150912013","kind":"news","pubTimestamp":1635724788,"share":"https://www.laohunote.com/m/news/1150912013?lang=zh_CN&edition=full","pubTime":"2021-11-01 07:59","market":"us","language":"en","title":"What's the best month for stocks? Hint: the next four weeks<blockquote>股票哪个月最好？提示：未来四周</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1150912013","media":"finance.yahoo","summary":"The stock market’s record run is poised to gain steam in the weeks ahead — if history is any indication.The start of the holiday season is typically a strong time of year on Wall Street, a pattern that analysts point to as a reason to remain optimistic that the stock market will remain at all-time highs following a turbulent September.Historically, November has been the best month of the year for the stock market—both since 1950 and over the past decade, according to LPL Financial.“November is t","content":"<p>The stock market’s record run is poised to gain steam in the weeks ahead — if history is any indication.</p><p><blockquote>如果历史能证明这一点的话，股市创纪录的上涨势头将在未来几周内愈演愈烈。</blockquote></p><p> The start of the holiday season is typically a strong time of year on Wall Street, a pattern that analysts point to as a reason to remain optimistic that the stock market will remain at all-time highs following a turbulent September.</p><p><blockquote>假日季的开始通常是华尔街一年中的强劲时期，分析师指出，这种模式是保持乐观的理由，即股市在经历了动荡的 9 月份之后将保持在历史高位。</blockquote></p><p> Historically, November has been the best month of the year for the stock market—both since 1950 and over the past decade, according to LPL Financial.</p><p><blockquote>LPL Financial 表示，从历史上看，11 月一直是股市一年中表现最好的月份——无论是自 1950 年以来还是过去十年。</blockquote></p><p> That’s not all. History shows the stock market’s strongest six-month period is November to April, according to the Stock Trader’s Almanac. November is also the first month of the market’s best three-month stretch, November to January.</p><p><blockquote>这还不是全部。根据《股票交易员年鉴》，历史表明，股市最强劲的六个月时期是 11 月至 4 月。11 月也是市场表现最好的三个月（11 月至 1 月）的第一个月。</blockquote></p><p> Why is November the best?</p><p><blockquote>为什么十一月是最好的？</blockquote></p><p> This seasonal strength is created by a combination of factors. For one thing, the final three months of the year are typically the best for stocks, with stocks rising 3.8% on average, according to LPL Financial.</p><p><blockquote>这种季节性强度是由多种因素共同创造的。首先，根据 LPL Financial 的数据，一年中的最后三个月通常是股市表现最好的时期，股市平均上涨 3.8%。</blockquote></p><p> Strong spending by shoppers during the holidays also tends to translate into strong quarters for consumer-focused businesses. Some analysts also attribute it to optimism during the holiday season, year-end portfolio adjustments and investors being on vacation.</p><p><blockquote>假期期间购物者的强劲支出也往往会转化为以消费者为中心的企业的强劲季度。一些分析师还将其归因于假期期间的乐观情绪、年终投资组合调整以及投资者度假。</blockquote></p><p> “November is the best month of the year, but it doesn’t seem to get nearly as much love as you’d think,” Ryan Detrick, chief market strategist at LPL Financial, said in a note to clients. “We all assume December is the best month, but November is actually better and gets very little fanfare. Maybe it should be a month for the bulls, not for turkeys.”</p><p><blockquote>“LPL Financial 首席市场策略师 Ryan Detrick 在给客户的一份说明中说：”11 月是一年中最好的月份，但它似乎并没有你想象的那么受欢迎。“我们都认为 12 月是最好的月份，但实际上 11 月更好，而且很少有人大张旗鼓。也许这个月应该是公牛队的月份，而不是火鸡队的月份。”</blockquote></p><p> Wall Street avoids spooky October</p><p><blockquote>华尔街避免阴森恐怖的十月</blockquote></p><p> While October is often considered a spooky month for investors, earning a bad reputation following the crashes of 1929, 1987 and during the global financial crisis in 2008, investors weren’t so fearful this year.</p><p><blockquote>虽然 10 月通常被认为是投资者的阴森恐怖月份，在 1929 年、1987 年和 2008 年全球金融危机之后，10 月声名狼藉，但今年投资者并没有那么害怕。</blockquote></p><p> After the S&amp;P 500 recorded its biggest monthly loss since the start of the coronavirus pandemic in September, the broad index rebounded more than 6% in October on further signs that corporate profits are growing once again following last year's recession.</p><p><blockquote>在标普500 9 月份创下自冠状病毒大流行开始以来的最大月度跌幅后，10 月份综合指数反弹超过 6%，有进一步迹象表明企业利润在去年经济衰退后再次增长。</blockquote></p><p> “It looks as though the market has resisted ‘Octoberphobia’ and averted the feared crashes or massacres that have given the month its bad reputation,” Jeff Hirsch, editor of the Stock Trader's Almanac, said in a note to clients.</p><p><blockquote>“《股票交易员年鉴》（the Stock Trader's Almanac）编辑杰夫-赫希（Jeff Hirsch）在给客户的一份报告中说：”市场似乎已经抵制了'十月恐惧症'，避免了令人恐惧的崩盘或大屠杀，正是这些事件给十月带来了坏名声。</blockquote></p><p> To be sure, November has taken hits during bear markets, when major averages drop more than 20% from a recent peak.</p><p><blockquote>可以肯定的是，11 月份在熊市期间遭受了打击，主要平均指数较近期峰值下跌了 20% 以上。</blockquote></p><p> For instance, November 2000 was the Nasdaq Composite’s second-worst month on record, with the technology-focused index plunging nearly 23%, according to the Stock Trader’s Almanac. Only October 1987 was worse, and that is when the \"Black Monday\" stock market crash occurred</p><p><blockquote>例如，根据《股票交易年鉴》（Stock Trader's Almanac）的数据，2000 年 11 月是纳斯达克综合指数有记录以来表现第二差的月份，以科技为主的指数暴跌了近 23%。只有1987年10月更糟，那就是“黑色星期一”股市崩盘的时候</blockquote></p><p> Why investors should be optimistic</p><p><blockquote>为什么投资者应该乐观</blockquote></p><p> The U.S. economy&nbsp;slowed substantially from July through September&nbsp;following a series of obstacles, including a surge in COVID-19 cases, supply chain bottlenecks, rising consumer prices and the fading effects of federal stimulus measures.</p><p><blockquote>由于一系列障碍，包括新冠肺炎病例激增、供应链瓶颈、消费者价格上涨和联邦刺激措施效果减弱，美国经济从7月到9月大幅放缓。</blockquote></p><p> But with COVID-19 cases now falling and vaccinations rising, most economists are branding the weak showing a soft patch in a still-robust recovery from the pandemic-induced recession, with a healthy rebound projected in the final months of the year.</p><p><blockquote>但随着 COVID-19 病例的下降和疫苗接种率的上升，大多数经济学家将疲软视为从大流行引发的衰退中仍然强劲复苏的软肋，预计今年最后几个月将出现健康反弹。</blockquote></p><p> There are signs that there could be more gains to come on Wall Street in the final months of the year on strong seasonality trends, better-than-expected corporate earnings and falling COVID-19 cases. Market breadth has also improved, meaning that more stocks are participating in the rally, a sign of a healthy and strong market.</p><p><blockquote>有迹象表明，由于强劲的季节性趋势、好于预期的企业盈利以及 COVID-19 病例下降，华尔街在今年最后几个月可能会出现更多收益。市场广度也有所改善，这意味着更多的股票参与反弹，这是市场健康强劲的迹象。</blockquote></p><p> Jobless claims have also fallen steadily in recent weeks, with continuing claims sliding below 2.5 million recently for the first time since the coronavirus pandemic began.</p><p><blockquote>最近几周，申请失业救济人数也稳步下降，自冠状病毒大流行开始以来，连续申请失业救济人数首次跌破 250 万人。</blockquote></p><p> After suffering its first 5% pullback of 2021 in early October, the S&amp;P 500 has come roaring back and closed at a record high on October 21. The S&amp;P 500 Index has gained more than 20% so far this year, making more than 50 record highs along the way.</p><p><blockquote>在 10 月初经历了 2021 年首次 5% 的回调后，标普500又卷土重来，并于 10 月 21 日收盘创下历史新高。今年迄今为止，标普500指数已上涨超过 20%，一路创下 50 多个历史新高。</blockquote></p><p> That could be a positive sign for investors in the coming months. The past seven times the S&amp;P 500 had risen 15% for the year heading into the fourth quarter, that final quarter ended up higher each time, rising 5.8%, data from LPL Financial showed.</p><p><blockquote>这对未来几个月的投资者来说可能是一个积极的迹象。LPL Financial 的数据显示，过去七次标普500在第四季度上涨了 15%，最后一个季度每次都上涨 5.8%。</blockquote></p><p> “We firmly believe that new highs are something to be embraced, not feared, and history shows that new highs tend to come in bunches—something that has certainly been true so far this year,” according to Detrick.</p><p><blockquote>“德特里克说：”我们坚信，新高是应该拥抱的，而不是应该害怕的，历史表明，新高往往会成群结队地出现--今年到目前为止，情况确实如此。</blockquote></p><p></p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What's the best month for stocks? Hint: the next four weeks<blockquote>股票哪个月最好？提示：未来四周</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat's the best month for stocks? Hint: the next four weeks<blockquote>股票哪个月最好？提示：未来四周</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">finance.yahoo</strong><span class=\"h-time small\">2021-11-01 07:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The stock market’s record run is poised to gain steam in the weeks ahead — if history is any indication.</p><p><blockquote>如果历史能证明这一点的话，股市创纪录的上涨势头将在未来几周内愈演愈烈。</blockquote></p><p> The start of the holiday season is typically a strong time of year on Wall Street, a pattern that analysts point to as a reason to remain optimistic that the stock market will remain at all-time highs following a turbulent September.</p><p><blockquote>假日季的开始通常是华尔街一年中的强劲时期，分析师指出，这种模式是保持乐观的理由，即股市在经历了动荡的 9 月份之后将保持在历史高位。</blockquote></p><p> Historically, November has been the best month of the year for the stock market—both since 1950 and over the past decade, according to LPL Financial.</p><p><blockquote>LPL Financial 表示，从历史上看，11 月一直是股市一年中表现最好的月份——无论是自 1950 年以来还是过去十年。</blockquote></p><p> That’s not all. History shows the stock market’s strongest six-month period is November to April, according to the Stock Trader’s Almanac. November is also the first month of the market’s best three-month stretch, November to January.</p><p><blockquote>这还不是全部。根据《股票交易员年鉴》，历史表明，股市最强劲的六个月时期是 11 月至 4 月。11 月也是市场表现最好的三个月（11 月至 1 月）的第一个月。</blockquote></p><p> Why is November the best?</p><p><blockquote>为什么十一月是最好的？</blockquote></p><p> This seasonal strength is created by a combination of factors. For one thing, the final three months of the year are typically the best for stocks, with stocks rising 3.8% on average, according to LPL Financial.</p><p><blockquote>这种季节性强度是由多种因素共同创造的。首先，根据 LPL Financial 的数据，一年中的最后三个月通常是股市表现最好的时期，股市平均上涨 3.8%。</blockquote></p><p> Strong spending by shoppers during the holidays also tends to translate into strong quarters for consumer-focused businesses. Some analysts also attribute it to optimism during the holiday season, year-end portfolio adjustments and investors being on vacation.</p><p><blockquote>假期期间购物者的强劲支出也往往会转化为以消费者为中心的企业的强劲季度。一些分析师还将其归因于假期期间的乐观情绪、年终投资组合调整以及投资者度假。</blockquote></p><p> “November is the best month of the year, but it doesn’t seem to get nearly as much love as you’d think,” Ryan Detrick, chief market strategist at LPL Financial, said in a note to clients. “We all assume December is the best month, but November is actually better and gets very little fanfare. Maybe it should be a month for the bulls, not for turkeys.”</p><p><blockquote>“LPL Financial 首席市场策略师 Ryan Detrick 在给客户的一份说明中说：”11 月是一年中最好的月份，但它似乎并没有你想象的那么受欢迎。“我们都认为 12 月是最好的月份，但实际上 11 月更好，而且很少有人大张旗鼓。也许这个月应该是公牛队的月份，而不是火鸡队的月份。”</blockquote></p><p> Wall Street avoids spooky October</p><p><blockquote>华尔街避免阴森恐怖的十月</blockquote></p><p> While October is often considered a spooky month for investors, earning a bad reputation following the crashes of 1929, 1987 and during the global financial crisis in 2008, investors weren’t so fearful this year.</p><p><blockquote>虽然 10 月通常被认为是投资者的阴森恐怖月份，在 1929 年、1987 年和 2008 年全球金融危机之后，10 月声名狼藉，但今年投资者并没有那么害怕。</blockquote></p><p> After the S&amp;P 500 recorded its biggest monthly loss since the start of the coronavirus pandemic in September, the broad index rebounded more than 6% in October on further signs that corporate profits are growing once again following last year's recession.</p><p><blockquote>在标普500 9 月份创下自冠状病毒大流行开始以来的最大月度跌幅后，10 月份综合指数反弹超过 6%，有进一步迹象表明企业利润在去年经济衰退后再次增长。</blockquote></p><p> “It looks as though the market has resisted ‘Octoberphobia’ and averted the feared crashes or massacres that have given the month its bad reputation,” Jeff Hirsch, editor of the Stock Trader's Almanac, said in a note to clients.</p><p><blockquote>“《股票交易员年鉴》（the Stock Trader's Almanac）编辑杰夫-赫希（Jeff Hirsch）在给客户的一份报告中说：”市场似乎已经抵制了'十月恐惧症'，避免了令人恐惧的崩盘或大屠杀，正是这些事件给十月带来了坏名声。</blockquote></p><p> To be sure, November has taken hits during bear markets, when major averages drop more than 20% from a recent peak.</p><p><blockquote>可以肯定的是，11 月份在熊市期间遭受了打击，主要平均指数较近期峰值下跌了 20% 以上。</blockquote></p><p> For instance, November 2000 was the Nasdaq Composite’s second-worst month on record, with the technology-focused index plunging nearly 23%, according to the Stock Trader’s Almanac. Only October 1987 was worse, and that is when the \"Black Monday\" stock market crash occurred</p><p><blockquote>例如，根据《股票交易年鉴》（Stock Trader's Almanac）的数据，2000 年 11 月是纳斯达克综合指数有记录以来表现第二差的月份，以科技为主的指数暴跌了近 23%。只有1987年10月更糟，那就是“黑色星期一”股市崩盘的时候</blockquote></p><p> Why investors should be optimistic</p><p><blockquote>为什么投资者应该乐观</blockquote></p><p> The U.S. economy&nbsp;slowed substantially from July through September&nbsp;following a series of obstacles, including a surge in COVID-19 cases, supply chain bottlenecks, rising consumer prices and the fading effects of federal stimulus measures.</p><p><blockquote>由于一系列障碍，包括新冠肺炎病例激增、供应链瓶颈、消费者价格上涨和联邦刺激措施效果减弱，美国经济从7月到9月大幅放缓。</blockquote></p><p> But with COVID-19 cases now falling and vaccinations rising, most economists are branding the weak showing a soft patch in a still-robust recovery from the pandemic-induced recession, with a healthy rebound projected in the final months of the year.</p><p><blockquote>但随着 COVID-19 病例的下降和疫苗接种率的上升，大多数经济学家将疲软视为从大流行引发的衰退中仍然强劲复苏的软肋，预计今年最后几个月将出现健康反弹。</blockquote></p><p> There are signs that there could be more gains to come on Wall Street in the final months of the year on strong seasonality trends, better-than-expected corporate earnings and falling COVID-19 cases. Market breadth has also improved, meaning that more stocks are participating in the rally, a sign of a healthy and strong market.</p><p><blockquote>有迹象表明，由于强劲的季节性趋势、好于预期的企业盈利以及 COVID-19 病例下降，华尔街在今年最后几个月可能会出现更多收益。市场广度也有所改善，这意味着更多的股票参与反弹，这是市场健康强劲的迹象。</blockquote></p><p> Jobless claims have also fallen steadily in recent weeks, with continuing claims sliding below 2.5 million recently for the first time since the coronavirus pandemic began.</p><p><blockquote>最近几周，申请失业救济人数也稳步下降，自冠状病毒大流行开始以来，连续申请失业救济人数首次跌破 250 万人。</blockquote></p><p> After suffering its first 5% pullback of 2021 in early October, the S&amp;P 500 has come roaring back and closed at a record high on October 21. The S&amp;P 500 Index has gained more than 20% so far this year, making more than 50 record highs along the way.</p><p><blockquote>在 10 月初经历了 2021 年首次 5% 的回调后，标普500又卷土重来，并于 10 月 21 日收盘创下历史新高。今年迄今为止，标普500指数已上涨超过 20%，一路创下 50 多个历史新高。</blockquote></p><p> That could be a positive sign for investors in the coming months. The past seven times the S&amp;P 500 had risen 15% for the year heading into the fourth quarter, that final quarter ended up higher each time, rising 5.8%, data from LPL Financial showed.</p><p><blockquote>这对未来几个月的投资者来说可能是一个积极的迹象。LPL Financial 的数据显示，过去七次标普500在第四季度上涨了 15%，最后一个季度每次都上涨 5.8%。</blockquote></p><p> “We firmly believe that new highs are something to be embraced, not feared, and history shows that new highs tend to come in bunches—something that has certainly been true so far this year,” according to Detrick.</p><p><blockquote>“德特里克说：”我们坚信，新高是应该拥抱的，而不是应该害怕的，历史表明，新高往往会成群结队地出现--今年到目前为止，情况确实如此。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/whats-best-month-stocks-hint-110106336.html\">finance.yahoo</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/whats-best-month-stocks-hint-110106336.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150912013","content_text":"The stock market’s record run is poised to gain steam in the weeks ahead — if history is any indication.\nThe start of the holiday season is typically a strong time of year on Wall Street, a pattern that analysts point to as a reason to remain optimistic that the stock market will remain at all-time highs following a turbulent September.\nHistorically, November has been the best month of the year for the stock market—both since 1950 and over the past decade, according to LPL Financial.\nThat’s not all. History shows the stock market’s strongest six-month period is November to April, according to the Stock Trader’s Almanac. November is also the first month of the market’s best three-month stretch, November to January.\nWhy is November the best?\nThis seasonal strength is created by a combination of factors. For one thing, the final three months of the year are typically the best for stocks, with stocks rising 3.8% on average, according to LPL Financial.\nStrong spending by shoppers during the holidays also tends to translate into strong quarters for consumer-focused businesses. Some analysts also attribute it to optimism during the holiday season, year-end portfolio adjustments and investors being on vacation.\n“November is the best month of the year, but it doesn’t seem to get nearly as much love as you’d think,” Ryan Detrick, chief market strategist at LPL Financial, said in a note to clients. “We all assume December is the best month, but November is actually better and gets very little fanfare. Maybe it should be a month for the bulls, not for turkeys.”\nWall Street avoids spooky October\nWhile October is often considered a spooky month for investors, earning a bad reputation following the crashes of 1929, 1987 and during the global financial crisis in 2008, investors weren’t so fearful this year.\nAfter the S&P 500 recorded its biggest monthly loss since the start of the coronavirus pandemic in September, the broad index rebounded more than 6% in October on further signs that corporate profits are growing once again following last year's recession.\n“It looks as though the market has resisted ‘Octoberphobia’ and averted the feared crashes or massacres that have given the month its bad reputation,” Jeff Hirsch, editor of the Stock Trader's Almanac, said in a note to clients.\nTo be sure, November has taken hits during bear markets, when major averages drop more than 20% from a recent peak.\nFor instance, November 2000 was the Nasdaq Composite’s second-worst month on record, with the technology-focused index plunging nearly 23%, according to the Stock Trader’s Almanac. Only October 1987 was worse, and that is when the \"Black Monday\" stock market crash occurred\nWhy investors should be optimistic\nThe U.S. economy slowed substantially from July through September following a series of obstacles, including a surge in COVID-19 cases, supply chain bottlenecks, rising consumer prices and the fading effects of federal stimulus measures.\nBut with COVID-19 cases now falling and vaccinations rising, most economists are branding the weak showing a soft patch in a still-robust recovery from the pandemic-induced recession, with a healthy rebound projected in the final months of the year.\nThere are signs that there could be more gains to come on Wall Street in the final months of the year on strong seasonality trends, better-than-expected corporate earnings and falling COVID-19 cases. Market breadth has also improved, meaning that more stocks are participating in the rally, a sign of a healthy and strong market.\nJobless claims have also fallen steadily in recent weeks, with continuing claims sliding below 2.5 million recently for the first time since the coronavirus pandemic began.\nAfter suffering its first 5% pullback of 2021 in early October, the S&P 500 has come roaring back and closed at a record high on October 21. The S&P 500 Index has gained more than 20% so far this year, making more than 50 record highs along the way.\nThat could be a positive sign for investors in the coming months. The past seven times the S&P 500 had risen 15% for the year heading into the fourth quarter, that final quarter ended up higher each time, rising 5.8%, data from LPL Financial showed.\n“We firmly believe that new highs are something to be embraced, not feared, and history shows that new highs tend to come in bunches—something that has certainly been true so far this year,” according to Detrick.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":4009,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":857882959,"gmtCreate":1635517806223,"gmtModify":1635517806310,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/857882959","repostId":"1170828756","repostType":2,"isVote":1,"tweetType":1,"viewCount":2465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":820170356,"gmtCreate":1633362017235,"gmtModify":1633362017516,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"🙏🏻","listText":"🙏🏻","text":"🙏🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/820170356","repostId":"1185304471","repostType":4,"repost":{"id":"1185304471","kind":"news","pubTimestamp":1633360698,"share":"https://www.laohunote.com/m/news/1185304471?lang=zh_CN&edition=full","pubTime":"2021-10-04 23:18","market":"us","language":"en","title":"Fed's Bullard: U.S. businesses having no problems raising prices<blockquote>美联储布拉德：美国企业提价没有问题</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1185304471","media":"finance.yahoo","summary":"(Reuters) - U.S. businesses are having few problems raising prices on customers for the first time i","content":"<p>(Reuters) - U.S. businesses are having few problems raising prices on customers for the first time in years, St. Louis Federal Reserve Bank President James Bullard said on Monday, as he warned that inflation could remain elevated for some time to come amid fears higher expectations become entrenched.</p><p><blockquote>（路透社） - 圣路易斯联邦储备银行行长詹姆斯·布拉德周一表示，美国企业多年来首次提高客户价格几乎没有问题，他警告称，由于担心更高的预期变得根深蒂固，通胀可能在未来一段时间内保持在高位。</blockquote></p><p> Bullard's business contacts in his Fed district and around the country \"typically say 'don't worry my company's going to be profitable because I am going to raise prices and we've had no difficulty raising prices in this environment,'\" Bullard said during an event held by the International Economic Forum of the Americas.</p><p><blockquote>布拉德在美联储辖区和全国各地的商业联系人“通常会说‘别担心我的公司会盈利，因为我会提高价格，而且我们在这种环境下提高价格没有任何困难’，”布拉德在美洲国际经济论坛举办的一次活动中说道。</blockquote></p><p> Bullard is among the strongest advocates at the U.S. central bank for aggressive moves to combat higher-than-expected inflation and he sees two interest rate hikes needed in 2022. Interest rates remain near zero currently, where they have been since the onset of the COVID-19 pandemic in early 2020.</p><p><blockquote>布拉德是美联储采取积极措施应对高于预期的通胀的最强烈倡导者之一，他认为 2022 年需要两次加息。自2020年初新冠肺炎疫情爆发以来，利率目前仍接近于零。</blockquote></p><p> \"I am concerned about the changing mentality, I would say, around prices in the economy and the relative freedom that businesses feel that they can just pass on increased costs easily to their customers. For years, that's not been the case,\" Bullard added.</p><p><blockquote>“我想说，我担心的是经济中围绕价格的心态变化，以及企业认为可以轻松地将增加的成本转嫁给客户的相对自由。多年来，情况并非如此，”布拉德补充道。</blockquote></p><p></p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed's Bullard: U.S. businesses having no problems raising prices<blockquote>美联储布拉德：美国企业提价没有问题</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed's Bullard: U.S. businesses having no problems raising prices<blockquote>美联储布拉德：美国企业提价没有问题</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">finance.yahoo</strong><span class=\"h-time small\">2021-10-04 23:18</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Reuters) - U.S. businesses are having few problems raising prices on customers for the first time in years, St. Louis Federal Reserve Bank President James Bullard said on Monday, as he warned that inflation could remain elevated for some time to come amid fears higher expectations become entrenched.</p><p><blockquote>（路透社） - 圣路易斯联邦储备银行行长詹姆斯·布拉德周一表示，美国企业多年来首次提高客户价格几乎没有问题，他警告称，由于担心更高的预期变得根深蒂固，通胀可能在未来一段时间内保持在高位。</blockquote></p><p> Bullard's business contacts in his Fed district and around the country \"typically say 'don't worry my company's going to be profitable because I am going to raise prices and we've had no difficulty raising prices in this environment,'\" Bullard said during an event held by the International Economic Forum of the Americas.</p><p><blockquote>布拉德在美联储辖区和全国各地的商业联系人“通常会说‘别担心我的公司会盈利，因为我会提高价格，而且我们在这种环境下提高价格没有任何困难’，”布拉德在美洲国际经济论坛举办的一次活动中说道。</blockquote></p><p> Bullard is among the strongest advocates at the U.S. central bank for aggressive moves to combat higher-than-expected inflation and he sees two interest rate hikes needed in 2022. Interest rates remain near zero currently, where they have been since the onset of the COVID-19 pandemic in early 2020.</p><p><blockquote>布拉德是美联储采取积极措施应对高于预期的通胀的最强烈倡导者之一，他认为 2022 年需要两次加息。自2020年初新冠肺炎疫情爆发以来，利率目前仍接近于零。</blockquote></p><p> \"I am concerned about the changing mentality, I would say, around prices in the economy and the relative freedom that businesses feel that they can just pass on increased costs easily to their customers. For years, that's not been the case,\" Bullard added.</p><p><blockquote>“我想说，我担心的是经济中围绕价格的心态变化，以及企业认为可以轻松地将增加的成本转嫁给客户的相对自由。多年来，情况并非如此，”布拉德补充道。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/feds-bullard-u-businesses-having-151026032.html\">finance.yahoo</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/feds-bullard-u-businesses-having-151026032.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185304471","content_text":"(Reuters) - U.S. businesses are having few problems raising prices on customers for the first time in years, St. Louis Federal Reserve Bank President James Bullard said on Monday, as he warned that inflation could remain elevated for some time to come amid fears higher expectations become entrenched.\nBullard's business contacts in his Fed district and around the country \"typically say 'don't worry my company's going to be profitable because I am going to raise prices and we've had no difficulty raising prices in this environment,'\" Bullard said during an event held by the International Economic Forum of the Americas.\nBullard is among the strongest advocates at the U.S. central bank for aggressive moves to combat higher-than-expected inflation and he sees two interest rate hikes needed in 2022. Interest rates remain near zero currently, where they have been since the onset of the COVID-19 pandemic in early 2020.\n\"I am concerned about the changing mentality, I would say, around prices in the economy and the relative freedom that businesses feel that they can just pass on increased costs easily to their customers. For years, that's not been the case,\" Bullard added.","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":3404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":860971729,"gmtCreate":1632128185661,"gmtModify":1632802667236,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"Good luck&nbsp;","listText":"Good luck&nbsp;","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/860971729","repostId":"1134680528","repostType":4,"isVote":1,"tweetType":1,"viewCount":3241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860971506,"gmtCreate":1632128166105,"gmtModify":1632802667476,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"Some?","listText":"Some?","text":"Some?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/860971506","repostId":"1117610618","repostType":4,"repost":{"id":"1117610618","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632126033,"share":"https://www.laohunote.com/m/news/1117610618?lang=zh_CN&edition=full","pubTime":"2021-09-20 16:20","market":"us","language":"en","title":"Some China concepts stocks fell in premarket trading<blockquote>一些中国概念股在盘前交易中下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117610618","media":"Tiger Newspress","summary":"(Sept 20) Some China concepts stocks fell in premarket trading.","content":"<p>(Sept 20)&nbsp;Some&nbsp;China concepts stocks fell in premarket trading.</p><p><blockquote>（9月20日）部分中国概念股盘前交易下跌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/dc0bfb5f2f1bc4d2f48c30ba44145250\" tg-width=\"357\" tg-height=\"724\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></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>Some China concepts stocks fell in premarket trading<blockquote>一些中国概念股在盘前交易中下跌</blockquote></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{ 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}\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: 12.5px; color: #7E829C; margin: 0;}\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\">\nSome China concepts stocks fell in premarket trading<blockquote>一些中国概念股在盘前交易中下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-20 16:20</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Sept 20)&nbsp;Some&nbsp;China concepts stocks fell in premarket trading.</p><p><blockquote>（9月20日）部分中国概念股盘前交易下跌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/dc0bfb5f2f1bc4d2f48c30ba44145250\" tg-width=\"357\" tg-height=\"724\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117610618","content_text":"(Sept 20) Some China concepts stocks fell in premarket trading.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883100065,"gmtCreate":1631213938757,"gmtModify":1631887073368,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Dip wru","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Dip wru","text":"$ARK Innovation ETF(ARKK)$Dip wru","images":[{"img":"https://static.tigerbbs.com/f553bfb5ccb94a8cad9c383a2f249197","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/883100065","isVote":1,"tweetType":1,"viewCount":2386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":880344704,"gmtCreate":1631022717808,"gmtModify":1631887073417,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Let’s go","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Let’s go","text":"$ARK Innovation ETF(ARKK)$Let’s go","images":[{"img":"https://static.tigerbbs.com/f947c9a88bf00d4a39e7d39eac19cc27","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/880344704","isVote":1,"tweetType":1,"viewCount":2236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":892767495,"gmtCreate":1628690430617,"gmtModify":1631891770739,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"Nice comment","listText":"Nice comment","text":"Nice comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/892767495","repostId":"2158474560","repostType":4,"isVote":1,"tweetType":1,"viewCount":2252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804324614,"gmtCreate":1627932618638,"gmtModify":1631891770743,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"Chicken genius","listText":"Chicken genius","text":"Chicken genius","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804324614","repostId":"2156511670","repostType":4,"isVote":1,"tweetType":1,"viewCount":3671,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802164543,"gmtCreate":1627736182182,"gmtModify":1631891770746,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/802164543","repostId":"1154216466","repostType":4,"repost":{"id":"1154216466","kind":"news","pubTimestamp":1627713678,"share":"https://www.laohunote.com/m/news/1154216466?lang=zh_CN&edition=full","pubTime":"2021-07-31 14:41","market":"us","language":"en","title":"Antitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动家想要全力以赴。这是他们应该首先考虑的一个教训</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154216466","media":"Barron's","summary":"About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson Unive","content":"<p><i>About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson University, and previously served as chief economist of the Federal Communications Commission.&nbsp;His latest book is</i>The Political Spectrum: The Tumultuous Liberation of Wireless Technologies, from Herbert Hoover to the Smartphone.</p><p><blockquote><i>关于作者：托马斯·W·黑兹利特是H.H。麦考利是克莱姆森大学经济学捐赠教授，曾担任联邦通信委员会首席经济学家。他的最新著作是</i>政治光谱：无线技术的动荡解放，从赫伯特·胡佛到智能手机。</blockquote></p><p> Big Tech is in the antitrust hot seat. But before the Department of Justice tries to break up companies likeGoogleorApple,it should recall the history, and eventual outcome, of theAT&amp;T-Time Warner merger.</p><p><blockquote>大型科技公司正处于反垄断的风口浪尖。但在司法部试图拆分谷歌或苹果等公司之前，它应该回顾一下 T&amp;T 与时代华纳合并的历史和最终结果。</blockquote></p><p> The DOJ expended extensive time and resources to stop AT&amp;T’s acquisition of Time Warner, marking the department’s first challenge to a major vertical merger in over 40 years. The government was unsuccessful despite its best efforts, which included an appeal to the D.C. Circuit, and time reveals that its concerns were evidently misplaced all along. The merger did not result in higher prices, program blackouts, or even any appreciable advantage for the companies.</p><p><blockquote>司法部花费了大量时间和资源阻止 AT&amp;T 收购时代华纳，这标志着司法部 40 多年来首次挑战重大垂直合并。尽管政府尽了最大努力，包括向华盛顿巡回法院提出上诉，但还是没有成功，时间表明，它的担忧显然一直是错误的。合并没有导致价格上涨、项目中断，甚至没有给公司带来任何明显的优势。</blockquote></p><p> In October 2016 AT&amp;Tannouncedits plan to buy Time Warner.&nbsp; Donald Trump’s presidential campaign trashed the merger in a statement: &nbsp;“AT&amp;T … is now trying to buy Time Warner and thus the wildly anti-Trump CNN. Donald Trump would never approve such a deal.”&nbsp; With Trump in office, the DOJ moved to block it.</p><p><blockquote>2016 年 10 月，美国电话电报公司宣布计划收购时代华纳。唐纳德-特朗普的总统竞选团队在一份声明中否决了这一合并： “美国电话电报公司.现在正试图收购时代华纳，从而收购狂热反特朗普的 CNN。唐纳德-特朗普绝不会批准这样的交易”。特朗普上任后，司法部采取行动阻止了这一交易。</blockquote></p><p> In 2017, the DOJ went to court tocomplainthat the merger would “substantially lessen competition in video” by allowing AT&amp;T to “use Time Warner’s ‘must have’” networks like CNN, TNT, TBS, and HBO to raise fees charged to rival cable TV distributors like Comcast or DISH. AT&amp;T, which had acquired national satellite operator DirecTV, could threaten “blackouts” depriving rival distributors of key programs—their subscribers would then quit and flock to DirecTV (AT&amp;T) so as to keep watching CNN or the NBA Playoffs on TNT. Not only would major TV and cable systems be hurt, but emerging online streaming services would be crushed.</p><p><blockquote>2017 年，司法部向法院投诉称，合并将允许 AT&amp;T “利用时代华纳的 '必备 '网络，如 CNN、TNT、TBS 和 HBO，提高向康卡斯特或 DISH 等竞争对手有线电视分销商收取的费用，从而 “大大减少视频领域的竞争”。收购了国家卫星运营商 DirecTV 的 AT&amp;T 可能会威胁 “停电 ”，剥夺竞争对手分销商的关键节目--他们的用户随后会退出并涌向 DirecTV（AT&amp;T），以便继续在 TNT 上观看 CNN 或 NBA 季后赛。不仅主要的电视和有线电视系统会受到损害，新兴的在线流媒体服务也会受到挤压。</blockquote></p><p> The government’s case focused on “vertical leveraging,” where a company uses two complementary products to make it more difficult for rivals to compete in the individual markets.&nbsp;Here, AT&amp;T was combining video content creation with video program distribution; the allegation was that competitors in either segment might be hurt.&nbsp;Yet there are clear efficiencies to be had, as widely found in studies of vertically integrated firms, with joint operations boosting consumer happiness. Buyers at Costco eagerly snap up Costco-supplied Kirkland products—which the retailer stocks in place of those of some independent producers—if they improve price or quality.&nbsp;So facts, not just a story, are needed.&nbsp; District Court Judge Richard J. Leonfoundthat the DOJ case “falls far short of establishing the validity of its… theory.”</p><p><blockquote>政府的案例集中在 “垂直杠杆”上，即一家公司使用两种互补的产品，使竞争对手更难在各自的市场上竞争。在这种情况下，AT&amp;T 将视频内容创作与视频节目发行相结合；指控称，这两个领域的竞争对手都可能受到伤害。然而，正如在对垂直一体化公司的研究中广泛发现的那样，联合运营提高了消费者的幸福感，这显然会带来效率。好市多（Costco）的买家急于snap好市多（Costco）供应的柯克兰（Kirkland）产品，如果这些产品能提高价格或质量，零售商就会囤积柯克兰（Kirkland）产品。因此，我们需要的是事实，而不仅仅是一个故事。地区法院法官 Richard J. Leon 认为，司法部的案件 “远不能证明其.理论的有效性”。</blockquote></p><p> Aside from the political overtones of the case, there was good historical reason to doubt the official complaint. A cable TV programmer combined with (or split from) a video distributor several times in recent years.&nbsp;Vertical integration did not cause higher prices, as shown by econometric analysis. Nor did vertical integration lead to “blackouts,” as the DOJ conceded. A three-judge panel of the D.C. Circuit confirmed Judge Leon’s opinion, finding that “the industry had become dynamic in recent years with the emergence, for example, of Netflix and Hulu.”</p><p><blockquote>除了此案的政治色彩之外，还有充分的历史理由怀疑官方的投诉。一家有线电视节目主持人近年来多次与一家视频发行商合并（或分拆）。计量经济学分析表明，垂直整合并没有导致更高的价格。正如司法部承认的那样，垂直整合也不会导致 “停电”。华盛顿特区巡回法院的三名法官组成的合议庭确认了莱昂法官的意见，认为 “近年来，随着 Netflix 和 Hulu 等公司的出现，该行业变得充满活力”。</blockquote></p><p> Owning DirecTV and Time Warner together turned out to be not much advantage, let alone a monopoly. Despite a huge boost in pandemic demand for video content, rivals soon dined on AT&amp;T-Time Warner’s lunch. When AT&amp;T bought DirecTV in 2015, it paid $67 billion.&nbsp;In February 2021, with DirecTV’s satellite subscriber base collapsing, the spun-off operation wasvaluedat $16.3 billion.</p><p><blockquote>事实证明，共同拥有 DirecTV 和时代华纳并没有多大优势，更不用说垄断了。尽管大流行病对视频内容的需求大大增加，但竞争对手很快就吃了 AT&amp;T-时代华纳的午餐。AT&amp;T 在 2015 年收购 DirecTV 时支付了 670 亿美元。2021 年 2 月，随着 DirecTV 的卫星用户群崩溃，分拆业务的估值为 163 亿美元。</blockquote></p><p> And AT&amp;Tthen unloaded the video assets of Time Warner. A new enterprise—Warner Bros. Discovery—is being spun off and merged with Discovery (Discovery Channel, Animal Planet, TLC, HGTV, the Food Networkand more). The content-only firm voluntarily severs the link the DOJ critiqued as easy monopoly money. With the allegations of anticompetitive bundling, it has been cast off as not worth the trouble.AT&amp;T shareholders receive $43 billion, less than half the $100 billion AT&amp;T expended (in debt and equity) for Time Warner three years ago. The government’s scenario of anti-competitive vertical integration proved a fantasy.</p><p><blockquote>美国电话电报公司随后卸载了时代华纳的视频资产。一家新企业——华纳兄弟探索频道——正在分拆并与探索频道（探索频道、动物星球、TLC、HGTV、食品网络等）合并。这家只做内容的公司自愿切断了DOJ批评为容易垄断金钱的链接。由于反竞争捆绑的指控，它已被放弃，因为不值得麻烦。 AT&amp;T 股东获得 430 亿美元，不到三年前 AT&amp;T 为时代华纳花费的 1000 亿美元（债务和股权）的一半。政府提出的反竞争垂直一体化方案被证明是一种幻想。</blockquote></p><p></p><p> AT&amp;T’s maneuvers deserve whatever scorn billions in shareholder losses can buy. A cynic might offer that antitrust laws be beefed up to protect against such corporate errors, ignoring that economic penalties—more reliable and harsher than whatever antitrust enforcers might deal—are visibly in place. But little note has been made of the ironic political saga. Policymakers are moving full throttle to enact statutes to beef up antitrust prosecution in tech for exactly what AT&amp;T so spectacularly failed to do in video.&nbsp; Rep. Pramila Jayapal (D-Wash.) and Rep. Lance Gooden (R-Texas) introduced the “Ending Monopoly Platforms Act” that would restrict vertical mergers in online services, for example. At least five other bills for new antitrust rules have been introduced.</p><p><blockquote>AT&amp;T 的举动值得数十亿股东损失所带来的蔑视。愤世嫉俗者可能会建议加强反垄断法，以防止此类公司错误，而忽略了经济处罚——比反垄断执法者可能处理的任何事情都更可靠、更严厉——显然已经到位。但是很少有人注意到这个具有讽刺意味的政治传奇。政策制定者们正在全力制定法规，以加强对科技领域的反垄断起诉，而美国电话电报公司（AT&amp;T）在视频中却未能做到这一点。众议员普拉米拉-贾亚帕尔（Pramila Jayapal，民主党-华盛顿州）和众议员兰斯-古登（Lance Gooden，共和党-德克萨斯州）提出了 “终止垄断平台法案”，该法案将限制在线服务的垂直合并。至少还有五项新的反垄断规则法案已经出台。</blockquote></p><p> Not only can such policies be expensive legal diversions, they can block the innovations igniting exciting new choices for customers. Netflix has integrated from streaming into movie production, after launching Roku. Hulu was created by News Corp. (Fox) and NBC-Universal (Comcast).&nbsp;Amazon Prime Video, Sling, YouTube TV, Apple TV, Disney Plus, HBO Max and Paramount Plus—each has extended a large media or e-commerce platform. Each evolved from a quest for better products. Treating entrepreneurship as suspect puts the screws to just the disruptions now roiling online entertainment markets. AT&amp;T learned the hard way that owning complementary products is no guarantee of success. </p><p><blockquote>此类政策不仅可能是昂贵的法律转移，还会阻碍为客户点燃令人兴奋的新选择的创新。在推出Roku后，Netflix 已将流媒体整合到电影制作中。Hulu 由新闻集团（Fox）和 NBC-Universal（Comcast）创建。亚马逊 Prime Video、Sling、YouTube TV、苹果电视台、Disney Plus、HBO Max 和派拉蒙 Plus——每个都扩展了大型媒体或电子商务平台。每一个都是从对更好产品的追求演变而来的。将创业视为嫌疑人只会加剧目前扰乱在线娱乐市场的混乱。美国电话电报公司惨痛地认识到，拥有互补产品并不能保证成功。</blockquote></p><p></p>","source":"lsy1610680873436","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>Antitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动家想要全力以赴。这是他们应该首先考虑的一个教训</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nAntitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动家想要全力以赴。这是他们应该首先考虑的一个教训</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-07-31 14:41</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i>About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson University, and previously served as chief economist of the Federal Communications Commission.&nbsp;His latest book is</i>The Political Spectrum: The Tumultuous Liberation of Wireless Technologies, from Herbert Hoover to the Smartphone.</p><p><blockquote><i>关于作者：托马斯·W·黑兹利特是H.H。麦考利是克莱姆森大学经济学捐赠教授，曾担任联邦通信委员会首席经济学家。他的最新著作是</i>政治光谱：无线技术的动荡解放，从赫伯特·胡佛到智能手机。</blockquote></p><p> Big Tech is in the antitrust hot seat. But before the Department of Justice tries to break up companies likeGoogleorApple,it should recall the history, and eventual outcome, of theAT&amp;T-Time Warner merger.</p><p><blockquote>大型科技公司正处于反垄断的风口浪尖。但在司法部试图拆分谷歌或苹果等公司之前，它应该回顾一下 T&amp;T 与时代华纳合并的历史和最终结果。</blockquote></p><p> The DOJ expended extensive time and resources to stop AT&amp;T’s acquisition of Time Warner, marking the department’s first challenge to a major vertical merger in over 40 years. The government was unsuccessful despite its best efforts, which included an appeal to the D.C. Circuit, and time reveals that its concerns were evidently misplaced all along. The merger did not result in higher prices, program blackouts, or even any appreciable advantage for the companies.</p><p><blockquote>司法部花费了大量时间和资源阻止 AT&amp;T 收购时代华纳，这标志着司法部 40 多年来首次挑战重大垂直合并。尽管政府尽了最大努力，包括向华盛顿巡回法院提出上诉，但还是没有成功，时间表明，它的担忧显然一直是错误的。合并没有导致价格上涨、项目中断，甚至没有给公司带来任何明显的优势。</blockquote></p><p> In October 2016 AT&amp;Tannouncedits plan to buy Time Warner.&nbsp; Donald Trump’s presidential campaign trashed the merger in a statement: &nbsp;“AT&amp;T … is now trying to buy Time Warner and thus the wildly anti-Trump CNN. Donald Trump would never approve such a deal.”&nbsp; With Trump in office, the DOJ moved to block it.</p><p><blockquote>2016 年 10 月，美国电话电报公司宣布计划收购时代华纳。唐纳德-特朗普的总统竞选团队在一份声明中否决了这一合并： “美国电话电报公司.现在正试图收购时代华纳，从而收购狂热反特朗普的 CNN。唐纳德-特朗普绝不会批准这样的交易”。特朗普上任后，司法部采取行动阻止了这一交易。</blockquote></p><p> In 2017, the DOJ went to court tocomplainthat the merger would “substantially lessen competition in video” by allowing AT&amp;T to “use Time Warner’s ‘must have’” networks like CNN, TNT, TBS, and HBO to raise fees charged to rival cable TV distributors like Comcast or DISH. AT&amp;T, which had acquired national satellite operator DirecTV, could threaten “blackouts” depriving rival distributors of key programs—their subscribers would then quit and flock to DirecTV (AT&amp;T) so as to keep watching CNN or the NBA Playoffs on TNT. Not only would major TV and cable systems be hurt, but emerging online streaming services would be crushed.</p><p><blockquote>2017 年，司法部向法院投诉称，合并将允许 AT&amp;T “利用时代华纳的 '必备 '网络，如 CNN、TNT、TBS 和 HBO，提高向康卡斯特或 DISH 等竞争对手有线电视分销商收取的费用，从而 “大大减少视频领域的竞争”。收购了国家卫星运营商 DirecTV 的 AT&amp;T 可能会威胁 “停电 ”，剥夺竞争对手分销商的关键节目--他们的用户随后会退出并涌向 DirecTV（AT&amp;T），以便继续在 TNT 上观看 CNN 或 NBA 季后赛。不仅主要的电视和有线电视系统会受到损害，新兴的在线流媒体服务也会受到挤压。</blockquote></p><p> The government’s case focused on “vertical leveraging,” where a company uses two complementary products to make it more difficult for rivals to compete in the individual markets.&nbsp;Here, AT&amp;T was combining video content creation with video program distribution; the allegation was that competitors in either segment might be hurt.&nbsp;Yet there are clear efficiencies to be had, as widely found in studies of vertically integrated firms, with joint operations boosting consumer happiness. Buyers at Costco eagerly snap up Costco-supplied Kirkland products—which the retailer stocks in place of those of some independent producers—if they improve price or quality.&nbsp;So facts, not just a story, are needed.&nbsp; District Court Judge Richard J. Leonfoundthat the DOJ case “falls far short of establishing the validity of its… theory.”</p><p><blockquote>政府的案例集中在 “垂直杠杆”上，即一家公司使用两种互补的产品，使竞争对手更难在各自的市场上竞争。在这种情况下，AT&amp;T 将视频内容创作与视频节目发行相结合；指控称，这两个领域的竞争对手都可能受到伤害。然而，正如在对垂直一体化公司的研究中广泛发现的那样，联合运营提高了消费者的幸福感，这显然会带来效率。好市多（Costco）的买家急于snap好市多（Costco）供应的柯克兰（Kirkland）产品，如果这些产品能提高价格或质量，零售商就会囤积柯克兰（Kirkland）产品。因此，我们需要的是事实，而不仅仅是一个故事。地区法院法官 Richard J. Leon 认为，司法部的案件 “远不能证明其.理论的有效性”。</blockquote></p><p> Aside from the political overtones of the case, there was good historical reason to doubt the official complaint. A cable TV programmer combined with (or split from) a video distributor several times in recent years.&nbsp;Vertical integration did not cause higher prices, as shown by econometric analysis. Nor did vertical integration lead to “blackouts,” as the DOJ conceded. A three-judge panel of the D.C. Circuit confirmed Judge Leon’s opinion, finding that “the industry had become dynamic in recent years with the emergence, for example, of Netflix and Hulu.”</p><p><blockquote>除了此案的政治色彩之外，还有充分的历史理由怀疑官方的投诉。一家有线电视节目主持人近年来多次与一家视频发行商合并（或分拆）。计量经济学分析表明，垂直整合并没有导致更高的价格。正如司法部承认的那样，垂直整合也不会导致 “停电”。华盛顿特区巡回法院的三名法官组成的合议庭确认了莱昂法官的意见，认为 “近年来，随着 Netflix 和 Hulu 等公司的出现，该行业变得充满活力”。</blockquote></p><p> Owning DirecTV and Time Warner together turned out to be not much advantage, let alone a monopoly. Despite a huge boost in pandemic demand for video content, rivals soon dined on AT&amp;T-Time Warner’s lunch. When AT&amp;T bought DirecTV in 2015, it paid $67 billion.&nbsp;In February 2021, with DirecTV’s satellite subscriber base collapsing, the spun-off operation wasvaluedat $16.3 billion.</p><p><blockquote>事实证明，共同拥有 DirecTV 和时代华纳并没有多大优势，更不用说垄断了。尽管大流行病对视频内容的需求大大增加，但竞争对手很快就吃了 AT&amp;T-时代华纳的午餐。AT&amp;T 在 2015 年收购 DirecTV 时支付了 670 亿美元。2021 年 2 月，随着 DirecTV 的卫星用户群崩溃，分拆业务的估值为 163 亿美元。</blockquote></p><p> And AT&amp;Tthen unloaded the video assets of Time Warner. A new enterprise—Warner Bros. Discovery—is being spun off and merged with Discovery (Discovery Channel, Animal Planet, TLC, HGTV, the Food Networkand more). The content-only firm voluntarily severs the link the DOJ critiqued as easy monopoly money. With the allegations of anticompetitive bundling, it has been cast off as not worth the trouble.AT&amp;T shareholders receive $43 billion, less than half the $100 billion AT&amp;T expended (in debt and equity) for Time Warner three years ago. The government’s scenario of anti-competitive vertical integration proved a fantasy.</p><p><blockquote>美国电话电报公司随后卸载了时代华纳的视频资产。一家新企业——华纳兄弟探索频道——正在分拆并与探索频道（探索频道、动物星球、TLC、HGTV、食品网络等）合并。这家只做内容的公司自愿切断了DOJ批评为容易垄断金钱的链接。由于反竞争捆绑的指控，它已被放弃，因为不值得麻烦。 AT&amp;T 股东获得 430 亿美元，不到三年前 AT&amp;T 为时代华纳花费的 1000 亿美元（债务和股权）的一半。政府提出的反竞争垂直一体化方案被证明是一种幻想。</blockquote></p><p></p><p> AT&amp;T’s maneuvers deserve whatever scorn billions in shareholder losses can buy. A cynic might offer that antitrust laws be beefed up to protect against such corporate errors, ignoring that economic penalties—more reliable and harsher than whatever antitrust enforcers might deal—are visibly in place. But little note has been made of the ironic political saga. Policymakers are moving full throttle to enact statutes to beef up antitrust prosecution in tech for exactly what AT&amp;T so spectacularly failed to do in video.&nbsp; Rep. Pramila Jayapal (D-Wash.) and Rep. Lance Gooden (R-Texas) introduced the “Ending Monopoly Platforms Act” that would restrict vertical mergers in online services, for example. At least five other bills for new antitrust rules have been introduced.</p><p><blockquote>AT&amp;T 的举动值得数十亿股东损失所带来的蔑视。愤世嫉俗者可能会建议加强反垄断法，以防止此类公司错误，而忽略了经济处罚——比反垄断执法者可能处理的任何事情都更可靠、更严厉——显然已经到位。但是很少有人注意到这个具有讽刺意味的政治传奇。政策制定者们正在全力制定法规，以加强对科技领域的反垄断起诉，而美国电话电报公司（AT&amp;T）在视频中却未能做到这一点。众议员普拉米拉-贾亚帕尔（Pramila Jayapal，民主党-华盛顿州）和众议员兰斯-古登（Lance Gooden，共和党-德克萨斯州）提出了 “终止垄断平台法案”，该法案将限制在线服务的垂直合并。至少还有五项新的反垄断规则法案已经出台。</blockquote></p><p> Not only can such policies be expensive legal diversions, they can block the innovations igniting exciting new choices for customers. Netflix has integrated from streaming into movie production, after launching Roku. Hulu was created by News Corp. (Fox) and NBC-Universal (Comcast).&nbsp;Amazon Prime Video, Sling, YouTube TV, Apple TV, Disney Plus, HBO Max and Paramount Plus—each has extended a large media or e-commerce platform. Each evolved from a quest for better products. Treating entrepreneurship as suspect puts the screws to just the disruptions now roiling online entertainment markets. AT&amp;T learned the hard way that owning complementary products is no guarantee of success. </p><p><blockquote>此类政策不仅可能是昂贵的法律转移，还会阻碍为客户点燃令人兴奋的新选择的创新。在推出Roku后，Netflix 已将流媒体整合到电影制作中。Hulu 由新闻集团（Fox）和 NBC-Universal（Comcast）创建。亚马逊 Prime Video、Sling、YouTube TV、苹果电视台、Disney Plus、HBO Max 和派拉蒙 Plus——每个都扩展了大型媒体或电子商务平台。每一个都是从对更好产品的追求演变而来的。将创业视为嫌疑人只会加剧目前扰乱在线娱乐市场的混乱。美国电话电报公司惨痛地认识到，拥有互补产品并不能保证成功。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/antitrust-activists-want-to-go-full-throttle-heres-a-lesson-they-should-consider-first-51627509048?mod=hp_COMMENTARY_3\">Barron's</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/antitrust-activists-want-to-go-full-throttle-heres-a-lesson-they-should-consider-first-51627509048?mod=hp_COMMENTARY_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154216466","content_text":"About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson University, and previously served as chief economist of the Federal Communications Commission. His latest book isThe Political Spectrum: The Tumultuous Liberation of Wireless Technologies, from Herbert Hoover to the Smartphone.\nBig Tech is in the antitrust hot seat. But before the Department of Justice tries to break up companies likeGoogleorApple,it should recall the history, and eventual outcome, of theAT&T-Time Warner merger.\nThe DOJ expended extensive time and resources to stop AT&T’s acquisition of Time Warner, marking the department’s first challenge to a major vertical merger in over 40 years. The government was unsuccessful despite its best efforts, which included an appeal to the D.C. Circuit, and time reveals that its concerns were evidently misplaced all along. The merger did not result in higher prices, program blackouts, or even any appreciable advantage for the companies.\nIn October 2016 AT&Tannouncedits plan to buy Time Warner.  Donald Trump’s presidential campaign trashed the merger in a statement:  “AT&T … is now trying to buy Time Warner and thus the wildly anti-Trump CNN. Donald Trump would never approve such a deal.”  With Trump in office, the DOJ moved to block it.\nIn 2017, the DOJ went to court tocomplainthat the merger would “substantially lessen competition in video” by allowing AT&T to “use Time Warner’s ‘must have’” networks like CNN, TNT, TBS, and HBO to raise fees charged to rival cable TV distributors like Comcast or DISH. AT&T, which had acquired national satellite operator DirecTV, could threaten “blackouts” depriving rival distributors of key programs—their subscribers would then quit and flock to DirecTV (AT&T) so as to keep watching CNN or the NBA Playoffs on TNT. Not only would major TV and cable systems be hurt, but emerging online streaming services would be crushed.\nThe government’s case focused on “vertical leveraging,” where a company uses two complementary products to make it more difficult for rivals to compete in the individual markets. Here, AT&T was combining video content creation with video program distribution; the allegation was that competitors in either segment might be hurt. Yet there are clear efficiencies to be had, as widely found in studies of vertically integrated firms, with joint operations boosting consumer happiness. Buyers at Costco eagerly snap up Costco-supplied Kirkland products—which the retailer stocks in place of those of some independent producers—if they improve price or quality. So facts, not just a story, are needed.  District Court Judge Richard J. Leonfoundthat the DOJ case “falls far short of establishing the validity of its… theory.”\nAside from the political overtones of the case, there was good historical reason to doubt the official complaint. A cable TV programmer combined with (or split from) a video distributor several times in recent years. Vertical integration did not cause higher prices, as shown by econometric analysis. Nor did vertical integration lead to “blackouts,” as the DOJ conceded. A three-judge panel of the D.C. Circuit confirmed Judge Leon’s opinion, finding that “the industry had become dynamic in recent years with the emergence, for example, of Netflix and Hulu.”\nOwning DirecTV and Time Warner together turned out to be not much advantage, let alone a monopoly. Despite a huge boost in pandemic demand for video content, rivals soon dined on AT&T-Time Warner’s lunch. When AT&T bought DirecTV in 2015, it paid $67 billion. In February 2021, with DirecTV’s satellite subscriber base collapsing, the spun-off operation wasvaluedat $16.3 billion.\nAnd AT&Tthen unloaded the video assets of Time Warner. A new enterprise—Warner Bros. Discovery—is being spun off and merged with Discovery (Discovery Channel, Animal Planet, TLC, HGTV, the Food Networkand more). The content-only firm voluntarily severs the link the DOJ critiqued as easy monopoly money. With the allegations of anticompetitive bundling, it has been cast off as not worth the trouble.AT&T shareholders receive $43 billion, less than half the $100 billion AT&T expended (in debt and equity) for Time Warner three years ago. The government’s scenario of anti-competitive vertical integration proved a fantasy.\nAT&T’s maneuvers deserve whatever scorn billions in shareholder losses can buy. A cynic might offer that antitrust laws be beefed up to protect against such corporate errors, ignoring that economic penalties—more reliable and harsher than whatever antitrust enforcers might deal—are visibly in place. But little note has been made of the ironic political saga. Policymakers are moving full throttle to enact statutes to beef up antitrust prosecution in tech for exactly what AT&T so spectacularly failed to do in video.  Rep. Pramila Jayapal (D-Wash.) and Rep. Lance Gooden (R-Texas) introduced the “Ending Monopoly Platforms Act” that would restrict vertical mergers in online services, for example. At least five other bills for new antitrust rules have been introduced.\nNot only can such policies be expensive legal diversions, they can block the innovations igniting exciting new choices for customers. Netflix has integrated from streaming into movie production, after launching Roku. Hulu was created by News Corp. (Fox) and NBC-Universal (Comcast). Amazon Prime Video, Sling, YouTube TV, Apple TV, Disney Plus, HBO Max and Paramount Plus—each has extended a large media or e-commerce platform. Each evolved from a quest for better products. Treating entrepreneurship as suspect puts the screws to just the disruptions now roiling online entertainment markets. AT&T learned the hard way that owning complementary products is no guarantee of success.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":792,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808049789,"gmtCreate":1627546807541,"gmtModify":1631891770750,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PDD\">$Pinduoduo Inc.(PDD)$</a>Good good gogoo","listText":"<a href=\"https://laohu8.com/S/PDD\">$Pinduoduo Inc.(PDD)$</a>Good good gogoo","text":"$Pinduoduo Inc.(PDD)$Good good gogoo","images":[{"img":"https://static.tigerbbs.com/3a803fd2def3cf011cfc510499e19dfa","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808049789","isVote":1,"tweetType":1,"viewCount":532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":803704720,"gmtCreate":1627461441560,"gmtModify":1631891770752,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Let’s go 🐅&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Let’s go 🐅&nbsp;","text":"$Tiger Brokers(TIGR)$Let’s go 🐅","images":[{"img":"https://static.tigerbbs.com/8cd0f5634979d1942a82bf62be8075a4","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803704720","isVote":1,"tweetType":1,"viewCount":822,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":171124267,"gmtCreate":1626720438759,"gmtModify":1631884834037,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>Like and comment","listText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>Like and comment","text":"$SoFi Technologies Inc.(SOFI)$Like and comment","images":[{"img":"https://static.tigerbbs.com/c18a3433d1956d5af07ad0f3dd8e4d91","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/171124267","isVote":1,"tweetType":1,"viewCount":933,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":144673736,"gmtCreate":1626287477425,"gmtModify":1631891770757,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/144673736","repostId":"1153647839","repostType":2,"repost":{"id":"1153647839","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626244543,"share":"https://www.laohunote.com/m/news/1153647839?lang=zh_CN&edition=full","pubTime":"2021-07-14 14:35","market":"us","language":"en","title":"Cathie Wood Trims Nvidia, Shopify Stakes And Piles Up Another $7M In Bitcoin Play Coinbase<blockquote>Cathie Wood 削减 Nvidia 和 Shopify 的股份，并在比特币 Play Coinbase 上再筹集 700 万美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1153647839","media":"Benzinga Earnings","summary":"Cathie Wood-led Ark Investment Management on Tuesday shed 785 shares, estimated to be worth about $6","content":"<p>Cathie Wood-led Ark Investment Management on Tuesday shed 785 shares, estimated to be worth about $635,850, in chipmaker<b>Nvidia Corp</b>(NASDAQ:NVDA).</p><p><blockquote>Cathie Wood 领导的 Ark Investment Management 周二抛售了芯片制造商 785 股股票，估计价值约 635,850 美元<b>英伟达公司</b>（纳斯达克股票代码：NVDA）</blockquote></p><p> Shares of Nvidia, which have risen 54.4% so far this year, closed 1.28% lower at $810 on Tuesday.</p><p><blockquote>英伟达股价今年迄今已上涨 54.4%，周二收盘下跌 1.28%，至 810 美元。</blockquote></p><p> The New York-based investment firm deployed the&nbsp;<b>ARK Space Exploration &amp; Innovation ETF</b>(BATS:ARKX) to sell the shares of Nvidia. Ark Invest also holds shares of the chipmaker via the&nbsp;<b>Autonomous Technology &amp; Robotics ETF</b>(BATS:ARKQ).</p><p><blockquote>总部位于纽约的投资公司部署了<b>方舟太空探索与创新 ETF</b>(BATS:ARKX) 将出售 Nvidia 股票。Ark Invest 还通过<b>自主技术与机器人 ETF</b>（蝙蝠：ARKQ）。</blockquote></p><p> Together the two ETFs held 62,437 NVDA shares, worth $50.57 million, as of Tuesday’s trades.</p><p><blockquote>截至周二交易，这两只 ETF 共持有 62,437 股 NVDA 股票，价值 5057 万美元。</blockquote></p><p> The popular investment firm also shed 16,034 shares, estimated to be worth about $24.3 million, in the Canadian e-commerce company&nbsp;<b>Shopify Inc</b>(NYSE:SHOP).</p><p><blockquote>这家受欢迎的投资公司还减持了这家加拿大电子商务公司的 16,034 股股票，估计价值约 2,430 万美元<b>商店公司</b>（纽约证券交易所代码：商店）。</blockquote></p><p> Shopify shares closed 1.44% higher at $1,516.47 on Tuesday.</p><p><blockquote>Shopify 股价周二收盘上涨 1.44%，至 1,516.47 美元。</blockquote></p><p> The investment firm sold the shares of Shopify via the<b>ArkNext Generation Internet ETF</b>(NYSE:ARKW) on Tuesday and also holds the stock via the<b>Ark Innovation ETF</b>(NYSE:ARKK) and the<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF).</p><p><blockquote>该投资公司通过<b>方舟下一代互联网ETF</b>（纽约证券交易所股票代码：ARKW）周二持有该股<b>方舟创新ETF</b>（纽约证券交易所代码：ARKK）和<b>方舟金融科技创新ETF</b>（纽约证券交易所代码：ARKF）。</blockquote></p><p> Together, the three ETFs held 1.08 million shares, worth $1.64 billion, in Shopify as of Tuesday’s trades.</p><p><blockquote>截至周二交易，这三只 ETF 共持有 108 万股 Shopify 股票，价值 16.4 亿美元。</blockquote></p><p> The investment firm snapped up 27,844 shares, estimated to be worth about $6.77 million, in cryptocurrency exchange desk&nbsp;<b>Coinbase Global Inc</b>(NASDAQ:COIN), on the dip.</p><p><blockquote>该投资公司在加密货币交易所柜台抢购了 27,844 股股票，估计价值约 677 万美元<b>比特币基地全球公司</b>（纳斯达克股票代码：COIN），处于下跌状态。</blockquote></p><p> Shares of the cryptocurrency exchange closed 1.76% lower to $243.31 on Tuesday.</p><p><blockquote>该加密货币交易所的股价周二收盘下跌 1.76%，至 243.31 美元。</blockquote></p><p> Goldman Sachs earlier this week noted that even if the prices of&nbsp;<b>Bitcoin</b>(CRYPTO: BTC) and other cryptocurrencies were to see further dips, Coinbase willcontinue to benefitfrom the volatility.</p><p><blockquote>高盛本周早些时候指出，即使价格<b>比特币</b>（加密货币：BTC）和其他加密货币将进一步下跌，比特币基地将继续从波动中受益。</blockquote></p><p> Ark Invest deployed ARKW to buy the shares of the company on Tuesday and also holds the stock via ARKK and ARKF.</p><p><blockquote>Ark Invest 周二部署 ARKW 购买该公司股票，并通过 ARKK 和 ARKF 持有该股票。</blockquote></p><p> Together, the three ETFs held 5.3 million shares, worth $1.29 billion in Coinbase as of Tuesday’s trades.</p><p><blockquote>截至周二交易，这三只 ETF 共持有 530 万股 Coinbase 股票，价值 12.9 亿美元。</blockquote></p><p> Some of the other key Ark Invest sells on Tuesday include&nbsp;<b>JD.COM Inc</b>(NASDAQ:JD) and buys include&nbsp;<b>UiPath Inc</b>(NYSE:PATH).</p><p><blockquote>Ark Invest 周二出售的其他一些关键产品包括<b>京东公司</b>（纳斯达克股票代码：JD）和购买包括<b>UiPath公司</b>（纽约证券交易所代码：PATH）。</blockquote></p><p></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>Cathie Wood Trims Nvidia, Shopify Stakes And Piles Up Another $7M In Bitcoin Play Coinbase<blockquote>Cathie Wood 削减 Nvidia 和 Shopify 的股份，并在比特币 Play Coinbase 上再筹集 700 万美元</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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 Trims Nvidia, Shopify Stakes And Piles Up Another $7M In Bitcoin Play Coinbase<blockquote>Cathie Wood 削减 Nvidia 和 Shopify 的股份，并在比特币 Play Coinbase 上再筹集 700 万美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\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 Earnings </p>\n<p class=\"h-time smaller\">2021-07-14 14:35</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Cathie Wood-led Ark Investment Management on Tuesday shed 785 shares, estimated to be worth about $635,850, in chipmaker<b>Nvidia Corp</b>(NASDAQ:NVDA).</p><p><blockquote>Cathie Wood 领导的 Ark Investment Management 周二抛售了芯片制造商 785 股股票，估计价值约 635,850 美元<b>英伟达公司</b>（纳斯达克股票代码：NVDA）</blockquote></p><p> Shares of Nvidia, which have risen 54.4% so far this year, closed 1.28% lower at $810 on Tuesday.</p><p><blockquote>英伟达股价今年迄今已上涨 54.4%，周二收盘下跌 1.28%，至 810 美元。</blockquote></p><p> The New York-based investment firm deployed the&nbsp;<b>ARK Space Exploration &amp; Innovation ETF</b>(BATS:ARKX) to sell the shares of Nvidia. Ark Invest also holds shares of the chipmaker via the&nbsp;<b>Autonomous Technology &amp; Robotics ETF</b>(BATS:ARKQ).</p><p><blockquote>总部位于纽约的投资公司部署了<b>方舟太空探索与创新 ETF</b>(BATS:ARKX) 将出售 Nvidia 股票。Ark Invest 还通过<b>自主技术与机器人 ETF</b>（蝙蝠：ARKQ）。</blockquote></p><p> Together the two ETFs held 62,437 NVDA shares, worth $50.57 million, as of Tuesday’s trades.</p><p><blockquote>截至周二交易，这两只 ETF 共持有 62,437 股 NVDA 股票，价值 5057 万美元。</blockquote></p><p> The popular investment firm also shed 16,034 shares, estimated to be worth about $24.3 million, in the Canadian e-commerce company&nbsp;<b>Shopify Inc</b>(NYSE:SHOP).</p><p><blockquote>这家受欢迎的投资公司还减持了这家加拿大电子商务公司的 16,034 股股票，估计价值约 2,430 万美元<b>商店公司</b>（纽约证券交易所代码：商店）。</blockquote></p><p> Shopify shares closed 1.44% higher at $1,516.47 on Tuesday.</p><p><blockquote>Shopify 股价周二收盘上涨 1.44%，至 1,516.47 美元。</blockquote></p><p> The investment firm sold the shares of Shopify via the<b>ArkNext Generation Internet ETF</b>(NYSE:ARKW) on Tuesday and also holds the stock via the<b>Ark Innovation ETF</b>(NYSE:ARKK) and the<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF).</p><p><blockquote>该投资公司通过<b>方舟下一代互联网ETF</b>（纽约证券交易所股票代码：ARKW）周二持有该股<b>方舟创新ETF</b>（纽约证券交易所代码：ARKK）和<b>方舟金融科技创新ETF</b>（纽约证券交易所代码：ARKF）。</blockquote></p><p> Together, the three ETFs held 1.08 million shares, worth $1.64 billion, in Shopify as of Tuesday’s trades.</p><p><blockquote>截至周二交易，这三只 ETF 共持有 108 万股 Shopify 股票，价值 16.4 亿美元。</blockquote></p><p> The investment firm snapped up 27,844 shares, estimated to be worth about $6.77 million, in cryptocurrency exchange desk&nbsp;<b>Coinbase Global Inc</b>(NASDAQ:COIN), on the dip.</p><p><blockquote>该投资公司在加密货币交易所柜台抢购了 27,844 股股票，估计价值约 677 万美元<b>比特币基地全球公司</b>（纳斯达克股票代码：COIN），处于下跌状态。</blockquote></p><p> Shares of the cryptocurrency exchange closed 1.76% lower to $243.31 on Tuesday.</p><p><blockquote>该加密货币交易所的股价周二收盘下跌 1.76%，至 243.31 美元。</blockquote></p><p> Goldman Sachs earlier this week noted that even if the prices of&nbsp;<b>Bitcoin</b>(CRYPTO: BTC) and other cryptocurrencies were to see further dips, Coinbase willcontinue to benefitfrom the volatility.</p><p><blockquote>高盛本周早些时候指出，即使价格<b>比特币</b>（加密货币：BTC）和其他加密货币将进一步下跌，比特币基地将继续从波动中受益。</blockquote></p><p> Ark Invest deployed ARKW to buy the shares of the company on Tuesday and also holds the stock via ARKK and ARKF.</p><p><blockquote>Ark Invest 周二部署 ARKW 购买该公司股票，并通过 ARKK 和 ARKF 持有该股票。</blockquote></p><p> Together, the three ETFs held 5.3 million shares, worth $1.29 billion in Coinbase as of Tuesday’s trades.</p><p><blockquote>截至周二交易，这三只 ETF 共持有 530 万股 Coinbase 股票，价值 12.9 亿美元。</blockquote></p><p> Some of the other key Ark Invest sells on Tuesday include&nbsp;<b>JD.COM Inc</b>(NASDAQ:JD) and buys include&nbsp;<b>UiPath Inc</b>(NYSE:PATH).</p><p><blockquote>Ark Invest 周二出售的其他一些关键产品包括<b>京东公司</b>（纳斯达克股票代码：JD）和购买包括<b>UiPath公司</b>（纽约证券交易所代码：PATH）。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","SHOP":"Shopify Inc","COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153647839","content_text":"Cathie Wood-led Ark Investment Management on Tuesday shed 785 shares, estimated to be worth about $635,850, in chipmakerNvidia Corp(NASDAQ:NVDA).\nShares of Nvidia, which have risen 54.4% so far this year, closed 1.28% lower at $810 on Tuesday.\nThe New York-based investment firm deployed the ARK Space Exploration & Innovation ETF(BATS:ARKX) to sell the shares of Nvidia. Ark Invest also holds shares of the chipmaker via the Autonomous Technology & Robotics ETF(BATS:ARKQ).\nTogether the two ETFs held 62,437 NVDA shares, worth $50.57 million, as of Tuesday’s trades.\nThe popular investment firm also shed 16,034 shares, estimated to be worth about $24.3 million, in the Canadian e-commerce company Shopify Inc(NYSE:SHOP).\nShopify shares closed 1.44% higher at $1,516.47 on Tuesday.\nThe investment firm sold the shares of Shopify via theArkNext Generation Internet ETF(NYSE:ARKW) on Tuesday and also holds the stock via theArk Innovation ETF(NYSE:ARKK) and theArk Fintech Innovation ETF(NYSE:ARKF).\nTogether, the three ETFs held 1.08 million shares, worth $1.64 billion, in Shopify as of Tuesday’s trades.\nThe investment firm snapped up 27,844 shares, estimated to be worth about $6.77 million, in cryptocurrency exchange desk Coinbase Global Inc(NASDAQ:COIN), on the dip.\nShares of the cryptocurrency exchange closed 1.76% lower to $243.31 on Tuesday.\nGoldman Sachs earlier this week noted that even if the prices of Bitcoin(CRYPTO: BTC) and other cryptocurrencies were to see further dips, Coinbase willcontinue to benefitfrom the volatility.\nArk Invest deployed ARKW to buy the shares of the company on Tuesday and also holds the stock via ARKK and ARKF.\nTogether, the three ETFs held 5.3 million shares, worth $1.29 billion in Coinbase as of Tuesday’s trades.\nSome of the other key Ark Invest sells on Tuesday include JD.COM Inc(NASDAQ:JD) and buys include UiPath Inc(NYSE:PATH).","news_type":1,"symbols_score_info":{"COIN":0.9,"SHOP":0.9,"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":780,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140218313,"gmtCreate":1625661047332,"gmtModify":1631886709085,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/AGC\">$Altimeter Growth Corp.(AGC)$</a>Cry","listText":"<a href=\"https://laohu8.com/S/AGC\">$Altimeter Growth Corp.(AGC)$</a>Cry","text":"$Altimeter Growth Corp.(AGC)$Cry","images":[{"img":"https://static.tigerbbs.com/a21d1a7a762c8c338149684de691dd42","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/140218313","isVote":1,"tweetType":1,"viewCount":763,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":154312770,"gmtCreate":1625479086590,"gmtModify":1631891770757,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"BTD @arkk","listText":"BTD @arkk","text":"BTD @arkk","images":[{"img":"https://static.tigerbbs.com/d5eb87b08a5bd6abcee37f46d6ba88f4","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/154312770","isVote":1,"tweetType":1,"viewCount":770,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":156652157,"gmtCreate":1625220591479,"gmtModify":1631891770758,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/156652157","repostId":"1162611368","repostType":4,"isVote":1,"tweetType":1,"viewCount":1123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158182775,"gmtCreate":1625137222697,"gmtModify":1631891770761,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"Let’s go","listText":"Let’s go","text":"Let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158182775","repostId":"1106223449","repostType":4,"repost":{"id":"1106223449","kind":"news","pubTimestamp":1625122086,"share":"https://www.laohunote.com/m/news/1106223449?lang=zh_CN&edition=full","pubTime":"2021-07-01 14:48","market":"us","language":"en","title":"The S&P 500 Notches Its Second-Best First Half Since the Dot-Com Bubble. What Comes Next.<blockquote>标普500创下了自互联网泡沫以来第二好的上半年。接下来会发生什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106223449","media":"Barrons","summary":"Since 1979, the S&P 500 has gained 10% or more 14 times during the first half of the year.\nThe S&P 5","content":"<p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d70d0323609e9ce596a9a90e475422d1\" tg-width=\"1260\" tg-height=\"840\"><span>Since 1979, the S&amp;P 500 has gained 10% or more 14 times during the first half of the year.</span></p><p><blockquote><p class=\"t-img-caption\"><span>自1979年以来，标普500在上半年上涨了14次10%或以上。</span></p></blockquote></p><p> The S&amp;P 500 closed its second-best first half since the dot-com bubble. Don’t be surprised if the stock market keeps on rising.</p><p><blockquote>标普500结束了自互联网泡沫以来第二好的上半年。如果股市持续上涨，请不要感到惊讶。</blockquote></p><p> With June coming to an end, the S&amp;P 500 finished the first half of 2021 with a gain of 14.4%. Since 1998, only 2019’s 17.4% first-half surge has been larger.</p><p><blockquote>随着6月份即将结束，标普500 2021年上半年上涨14.4%。自1998年以来，只有2019年上半年17.4%的增幅更大。</blockquote></p><p> The market got a boost from Covid-19 vaccinations, which have helped the U.S. economy reopen, while trillions of dollars of fiscal stimulus have helped shore up demand. The gains continued even as concerns about inflation have increased speculation that the Federal Reserve would be forced to take steps to slow the economy.</p><p><blockquote>新冠肺炎疫苗接种提振了市场，帮助美国经济重新开放，而数万亿美元的财政刺激措施则帮助支撑了需求。尽管对通胀的担忧加剧了人们对美联储将被迫采取措施减缓经济的猜测，但涨幅仍在继续。</blockquote></p><p> The combination of big gains and a more hawkish Fed have raised concerns that the market has become too complacent. If inflation continues to run hot for long enough, the central bank could be forced to act more quickly than the market expects—and&nbsp;cause stocks to tumble. Others worry that&nbsp;U.S. economic growth could slow faster than investors anticipate, causing a pullback in the process.</p><p><blockquote>大幅上涨和更加鹰派的美联储相结合，引发了人们对市场变得过于自满的担忧。如果通胀持续足够长的时间，央行可能会被迫比市场预期更快地采取行动，并导致股市暴跌。其他人担心美国。经济增长可能比投资者预期的放缓得更快，导致这一过程出现回调。</blockquote></p><p> For those who take that view, there is no better time to back away from the stock market than the present. History suggests otherwise.</p><p><blockquote>对于持这种观点的人来说，没有比现在更好的退出股市的时机了。历史表明并非如此。</blockquote></p><p> Since 1979, the S&amp;P 500 has gained 10% or more 14 times during the first half of the year, and the index has gone on to average a 6.3% gain over the second half of the year. What’s more, the index finished the second half of the year higher In 11 of those instances, or 79% of the time.</p><p><blockquote>自1979年以来，标普500上半年有14次上涨10%或以上，下半年该指数平均上涨6.3%。更重要的是，该指数在下半年收盘时有 11 个，即 79%。</blockquote></p><p> Even the losses, when they occurred, weren’t all that bad. The S&amp;P 500 dropped 1.9% in the second half of 1983 and 3.5% during the last six months of 1986.</p><p><blockquote>即使是损失发生时，也并没有那么糟糕。标普500在1983年下半年下降了1.9%，在1986年最后六个月下降了3.5%。</blockquote></p><p> The one exception was the last six months of 1987 when the index fell 19% during the second half of the year. That period included Black Monday, when the S&amp;P 500 dropped 20% in one day, still a record loss. While selling linked to so-called&nbsp;portfolio insurance&nbsp;was ultimately blamed for the size and speed of the loss, the second half of 1987 was&nbsp;a period of rising bond yields and high stock-market valuations, just like the first half of 2021.</p><p><blockquote>唯一的例外是1987年的最后六个月，该指数在该年下半年下跌了19%。那段时间包括黑色星期一，标普500一天之内下跌了20%，仍然是创纪录的跌幅。虽然与所谓的投资组合保险相关的抛售最终被归咎于损失的规模和速度，但1987年下半年是债券收益率上升和股市估值高的时期，就像2021年上半年一样。</blockquote></p><p> Still, the market has been acting like it wants to go higher, not lower. Pullbacks, a normal event in the midst of bull runs, have been mild in 2021, with the largest drops being less than 4%. “What the [S&amp;P 500] has done throughout 2021 is pick itself up when and where it has needed to, maintaining an uptrend all along,” writes Frank&nbsp;Cappelleri, chief market technician at Instinet.</p><p><blockquote>尽管如此，市场一直表现得好像想要走高，而不是走低。回调是牛市中的正常事件，2021 年的回调幅度较小，最大跌幅不到 4%。“Instinet 首席市场技术员 Frank Cappelleri 写道：”[标普500]在整个 2021 年所做的就是在需要的时间和地点重新振作起来，始终保持上升趋势。</blockquote></p><p> That 6.3% average second-half rise would push the S&amp;P 500’s full-year gain to around 23%. That would represent a “textbook [market] recovery” from a recession, says Fundstrat’s Tom Lee.</p><p><blockquote>下半年平均涨幅为 6.3%，这将使标普500全年涨幅达到 23% 左右。Fundstrat 的汤姆-李（Tom Lee）说，这将代表着经济衰退中的 “教科书式[市场]复苏”。</blockquote></p><p> For now, at least, the path of least resistance is higher.</p><p><blockquote>至少目前来看，阻力最小的路径更高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3cb229b2e05d59b9c126d464a7d771bb\" tg-width=\"958\" tg-height=\"647\"></p><p><blockquote></blockquote></p><p></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 S&P 500 Notches Its Second-Best First Half Since the Dot-Com Bubble. What Comes Next.<blockquote>标普500创下了自互联网泡沫以来第二好的上半年。接下来会发生什么。</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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 S&P 500 Notches Its Second-Best First Half Since the Dot-Com Bubble. What Comes Next.<blockquote>标普500创下了自互联网泡沫以来第二好的上半年。接下来会发生什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-07-01 14:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d70d0323609e9ce596a9a90e475422d1\" tg-width=\"1260\" tg-height=\"840\"><span>Since 1979, the S&amp;P 500 has gained 10% or more 14 times during the first half of the year.</span></p><p><blockquote><p class=\"t-img-caption\"><span>自1979年以来，标普500在上半年上涨了14次10%或以上。</span></p></blockquote></p><p> The S&amp;P 500 closed its second-best first half since the dot-com bubble. Don’t be surprised if the stock market keeps on rising.</p><p><blockquote>标普500结束了自互联网泡沫以来第二好的上半年。如果股市持续上涨，请不要感到惊讶。</blockquote></p><p> With June coming to an end, the S&amp;P 500 finished the first half of 2021 with a gain of 14.4%. Since 1998, only 2019’s 17.4% first-half surge has been larger.</p><p><blockquote>随着6月份即将结束，标普500 2021年上半年上涨14.4%。自1998年以来，只有2019年上半年17.4%的增幅更大。</blockquote></p><p> The market got a boost from Covid-19 vaccinations, which have helped the U.S. economy reopen, while trillions of dollars of fiscal stimulus have helped shore up demand. The gains continued even as concerns about inflation have increased speculation that the Federal Reserve would be forced to take steps to slow the economy.</p><p><blockquote>新冠肺炎疫苗接种提振了市场，帮助美国经济重新开放，而数万亿美元的财政刺激措施则帮助支撑了需求。尽管对通胀的担忧加剧了人们对美联储将被迫采取措施减缓经济的猜测，但涨幅仍在继续。</blockquote></p><p> The combination of big gains and a more hawkish Fed have raised concerns that the market has become too complacent. If inflation continues to run hot for long enough, the central bank could be forced to act more quickly than the market expects—and&nbsp;cause stocks to tumble. Others worry that&nbsp;U.S. economic growth could slow faster than investors anticipate, causing a pullback in the process.</p><p><blockquote>大幅上涨和更加鹰派的美联储相结合，引发了人们对市场变得过于自满的担忧。如果通胀持续足够长的时间，央行可能会被迫比市场预期更快地采取行动，并导致股市暴跌。其他人担心美国。经济增长可能比投资者预期的放缓得更快，导致这一过程出现回调。</blockquote></p><p> For those who take that view, there is no better time to back away from the stock market than the present. History suggests otherwise.</p><p><blockquote>对于持这种观点的人来说，没有比现在更好的退出股市的时机了。历史表明并非如此。</blockquote></p><p> Since 1979, the S&amp;P 500 has gained 10% or more 14 times during the first half of the year, and the index has gone on to average a 6.3% gain over the second half of the year. What’s more, the index finished the second half of the year higher In 11 of those instances, or 79% of the time.</p><p><blockquote>自1979年以来，标普500上半年有14次上涨10%或以上，下半年该指数平均上涨6.3%。更重要的是，该指数在下半年收盘时有 11 个，即 79%。</blockquote></p><p> Even the losses, when they occurred, weren’t all that bad. The S&amp;P 500 dropped 1.9% in the second half of 1983 and 3.5% during the last six months of 1986.</p><p><blockquote>即使是损失发生时，也并没有那么糟糕。标普500在1983年下半年下降了1.9%，在1986年最后六个月下降了3.5%。</blockquote></p><p> The one exception was the last six months of 1987 when the index fell 19% during the second half of the year. That period included Black Monday, when the S&amp;P 500 dropped 20% in one day, still a record loss. While selling linked to so-called&nbsp;portfolio insurance&nbsp;was ultimately blamed for the size and speed of the loss, the second half of 1987 was&nbsp;a period of rising bond yields and high stock-market valuations, just like the first half of 2021.</p><p><blockquote>唯一的例外是1987年的最后六个月，该指数在该年下半年下跌了19%。那段时间包括黑色星期一，标普500一天之内下跌了20%，仍然是创纪录的跌幅。虽然与所谓的投资组合保险相关的抛售最终被归咎于损失的规模和速度，但1987年下半年是债券收益率上升和股市估值高的时期，就像2021年上半年一样。</blockquote></p><p> Still, the market has been acting like it wants to go higher, not lower. Pullbacks, a normal event in the midst of bull runs, have been mild in 2021, with the largest drops being less than 4%. “What the [S&amp;P 500] has done throughout 2021 is pick itself up when and where it has needed to, maintaining an uptrend all along,” writes Frank&nbsp;Cappelleri, chief market technician at Instinet.</p><p><blockquote>尽管如此，市场一直表现得好像想要走高，而不是走低。回调是牛市中的正常事件，2021 年的回调幅度较小，最大跌幅不到 4%。“Instinet 首席市场技术员 Frank Cappelleri 写道：”[标普500]在整个 2021 年所做的就是在需要的时间和地点重新振作起来，始终保持上升趋势。</blockquote></p><p> That 6.3% average second-half rise would push the S&amp;P 500’s full-year gain to around 23%. That would represent a “textbook [market] recovery” from a recession, says Fundstrat’s Tom Lee.</p><p><blockquote>下半年平均涨幅为 6.3%，这将使标普500全年涨幅达到 23% 左右。Fundstrat 的汤姆-李（Tom Lee）说，这将代表着经济衰退中的 “教科书式[市场]复苏”。</blockquote></p><p> For now, at least, the path of least resistance is higher.</p><p><blockquote>至少目前来看，阻力最小的路径更高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3cb229b2e05d59b9c126d464a7d771bb\" tg-width=\"958\" tg-height=\"647\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stock-market-futures-crash-gains-51625071996?mod=hp_LEAD_1\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\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-futures-crash-gains-51625071996?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106223449","content_text":"Since 1979, the S&P 500 has gained 10% or more 14 times during the first half of the year.\nThe S&P 500 closed its second-best first half since the dot-com bubble. Don’t be surprised if the stock market keeps on rising.\nWith June coming to an end, the S&P 500 finished the first half of 2021 with a gain of 14.4%. Since 1998, only 2019’s 17.4% first-half surge has been larger.\nThe market got a boost from Covid-19 vaccinations, which have helped the U.S. economy reopen, while trillions of dollars of fiscal stimulus have helped shore up demand. The gains continued even as concerns about inflation have increased speculation that the Federal Reserve would be forced to take steps to slow the economy.\nThe combination of big gains and a more hawkish Fed have raised concerns that the market has become too complacent. If inflation continues to run hot for long enough, the central bank could be forced to act more quickly than the market expects—and cause stocks to tumble. Others worry that U.S. economic growth could slow faster than investors anticipate, causing a pullback in the process.\nFor those who take that view, there is no better time to back away from the stock market than the present. History suggests otherwise.\nSince 1979, the S&P 500 has gained 10% or more 14 times during the first half of the year, and the index has gone on to average a 6.3% gain over the second half of the year. What’s more, the index finished the second half of the year higher In 11 of those instances, or 79% of the time.\nEven the losses, when they occurred, weren’t all that bad. The S&P 500 dropped 1.9% in the second half of 1983 and 3.5% during the last six months of 1986.\nThe one exception was the last six months of 1987 when the index fell 19% during the second half of the year. That period included Black Monday, when the S&P 500 dropped 20% in one day, still a record loss. While selling linked to so-called portfolio insurance was ultimately blamed for the size and speed of the loss, the second half of 1987 was a period of rising bond yields and high stock-market valuations, just like the first half of 2021.\nStill, the market has been acting like it wants to go higher, not lower. Pullbacks, a normal event in the midst of bull runs, have been mild in 2021, with the largest drops being less than 4%. “What the [S&P 500] has done throughout 2021 is pick itself up when and where it has needed to, maintaining an uptrend all along,” writes Frank Cappelleri, chief market technician at Instinet.\nThat 6.3% average second-half rise would push the S&P 500’s full-year gain to around 23%. That would represent a “textbook [market] recovery” from a recession, says Fundstrat’s Tom Lee.\nFor now, at least, the path of least resistance is higher.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":633,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151619497,"gmtCreate":1625080119119,"gmtModify":1631891770767,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572467863337252","idStr":"3572467863337252"},"themes":[],"title":"","htmlText":"B nice","listText":"B nice","text":"B nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/151619497","repostId":"1110936297","repostType":2,"isVote":1,"tweetType":1,"viewCount":709,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":351156407,"gmtCreate":1616578073609,"gmtModify":1634525115025,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"title":"","htmlText":"GME to the moon 🚀&nbsp;","listText":"GME to the moon 🚀&nbsp;","text":"GME to the moon 🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/351156407","repostId":"1187858811","repostType":4,"repost":{"id":"1187858811","kind":"news","pubTimestamp":1616577758,"share":"https://www.laohunote.com/m/news/1187858811?lang=zh_CN&edition=full","pubTime":"2021-03-24 17:22","market":"us","language":"en","title":"GameStop Stock Had a Bad Day. Earnings Just Made It Worse.<blockquote>游戏驿站股票今天表现不佳。收入只会让情况变得更糟。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1187858811","media":"Barrons","summary":"GameStop‘s fiscal fourth-quarter results came in just short of expectations, but the company announc","content":"<p>GameStop‘s fiscal fourth-quarter results came in just short of expectations, but the company announced another trio of hires with e-commerce backgrounds. The stock was down in after-hours trading.</p><p><blockquote>游戏驿站第四财季业绩略低于预期，但该公司宣布了另外三名具有电子商务背景的员工。该股在盘后交易中下跌。</blockquote></p><p> The company reported fiscal fourth-quarter earnings of $1.34 per share, barely missing Wall Street’s consensus estimates of $1.35 a share, according to FactSet. Sales of $2.12 billion were down from $2.19 billion in 2019, and came in short of estimates for $2.21 billion.</p><p><blockquote>根据 FactSet 的数据，该公司第四财季每股收益为 1.34 美元，勉强低于华尔街普遍预期的每股 1.35 美元。销售额为 21.2 亿美元，低于 2019 年的 21.9 亿美元，低于预期的 22.1 亿美元。</blockquote></p><p> GameStop&nbsp;(ticker: GME) said in&nbsp;a separate announcement&nbsp;that&nbsp;Amazon.com&nbsp;alum Jenna Owens will be its next chief operating officer. Owens was director and general manager for distribution and multi-channel fulfillment at the e-commerce giant. Former Chewy Vice President of E-Commerce Neda Pacifico was also named senior vice president of e-commerce at GameStop. Ken Suzuki, who was vice president of supply chain technology at Zulily, will be GameStop’s vice president of supply chain systems. All three begin on March 29.</p><p><blockquote>游戏驿站（股票代码：GME）在另一份公告中表示，亚马逊校友 Jenna Owens 将成为其下一任首席运营官。欧文斯是这家电子商务巨头的分销和多渠道履行总监兼总经理。前Chewy电子商务副总裁Neda Pacifico也被任命为游戏驿站电子商务高级副总裁。曾担任 Zulily 供应链技术副总裁的 Ken Suzuki 将出任游戏驿站供应链系统副总裁。这三个都从3月29日开始。</blockquote></p><p> The company’s comparable sales grew 6.5% year-over-year, beating consensus estimates of 4.7% growth, according to FactSet. E-commerce sales, which are factored in to comparable sales, grew 175% year-over-year. E-commerce represented 34% of the company’s net sales, up from 12% in the prior fourth quarter.</p><p><blockquote>FactSet 的数据显示，该公司的可比销售额同比增长 6.5%，超过了普遍预期的 4.7%。计入可比销售额的电子商务销售额同比增长 175%。电子商务占公司净销售额的 34%，高于上一季度的 12%。</blockquote></p><p> CEO George Sherman said in the earnings release that February comparable store sales were up 23% year-over-year, which included strength in hardware sales.</p><p><blockquote>首席执行官乔治·谢尔曼(George Sherman)在财报中表示，2月份可比商店销售额同比增长23%，其中包括硬件销售的强劲。</blockquote></p><p> “Our emphasis in 2021 will be on improving our E-Commerce and customer experience, increasing our speed of delivery, providing superior customer service and expanding our catalogue,” Sherman added.</p><p><blockquote>“谢尔曼补充说：”我们在 2021 年的重点将是改善我们的电子商务和客户体验，提高送货速度，提供卓越的客户服务，并扩大我们的产品目录。</blockquote></p><p> The company ended the fiscal year with $635 million in cash and restricted cash, $146.7 million in short-term debt, and $216 million of long-term debt. The company had reduced short-term debt to $48.5 million, as of March 15.</p><p><blockquote>该公司本财年结束时拥有 6.35 亿美元现金和受限制现金、1.467 亿美元短期债务和 2.16 亿美元长期债务。截至3月15日，该公司已将短期债务减少至4850万美元。</blockquote></p><p> GameStop stock was down 14% to $156.89 in after hours trading—but given the stock’s&nbsp;volatility in recent months, its initial reaction could shift dramatically in either direction during Wednesday’s session.</p><p><blockquote>游戏驿站股价在盘后交易中下跌 14%，至 156.89 美元，但鉴于该股近几个月的波动性，其最初的反应可能会在周三的交易中向任一方向急剧转变。</blockquote></p><p> GameStop’s results were likely hampered by Covid-19, keeping shoppers at home. On the flip side, it’s may have boosted the company’s improving e-commerce offerings. Over the summer, the shift to digital game downloads accelerated, something that GameStop will have to contend with as it beefs up its turnaround efforts.</p><p><blockquote>游戏驿站的业绩可能受到了 Covid-19 的阻碍，Covid-19 让购物者呆在家里。另一方面，这可能促进了公司不断改进的电子商务产品。今年夏天，向数字游戏下载的转变加速，游戏驿站在加强扭亏为盈的努力时将不得不应对这一问题。</blockquote></p><p> While GameStop’s surging valuation has had analysts scratching their heads, the stock’s earlier bulls viewed it as an undervalued pick ahead of&nbsp;the launch of new gaming consoles. The stock fell as low as $2.57 in the past year and was trading below $7 when Chewy co-founder&nbsp; Ryan Cohen first revealed a 9% stake. He&nbsp;upped his stake&nbsp;to about 13% in December, at an average price of $14.80 a share. Michael Burry, of “The Big Short” fame, and Keith Gill, known as RoaringKitty on YouTube, bet on GameStop stock&nbsp;in 2019 for similar reasons.</p><p><blockquote>虽然游戏驿站的估值飙升让分析师们摸不着头脑，但该股早些时候的看涨者认为，在新游戏机推出之前，它是一个被低估的选择。该股去年跌至 2.57 美元，当 Chewy 联合创始人 Ryan Cohen 首次透露持有 9% 股份时，交易价格低于 7 美元。去年 12 月，他将持股比例增至 13% 左右，平均价格为每股 14.80 美元。因《大空头》而出名的 Michael Burry 和在 YouTube 上被称为 RoaringKitty 的 Keith Gill 也出于类似的原因在 2019 年押注游戏驿站股票。</blockquote></p><p> Some hedge funds bet aggressively on a price decline by borrowing shares and selling them, waiting for a chance to buy and replace the shares, pocketing the difference. GameStop’s short-selling interest exceeded shares available for trading before the news of Cohen and two associates joining the board helped trigger a squeeze that was juiced by options activity.</p><p><blockquote>一些对冲基金通过借入股票并出售股票来积极押注价格下跌，等待购买和替换股票的机会，将差价收入囊中。在科恩和两名同事加入董事会的消息传出之前，游戏驿站的卖空兴趣超过了可供交易的股票。</blockquote></p><p> It’s been hard to price GameStop because there’s so much investors don’t know. As BofA Global Research analyst Curtis Nagle noted last week, investors hadn’t seen actual details on cost, timeline, and impacts to earnings of any potential turnaround plan. While a successful turnaround could buck the perception from some on Wall Street that GameStop is an antiquated retailer destined to go the way of&nbsp;Blockbuster Videoor RadioShack, it faces stiff competition from several well-capitalized players in the online gaming and computer device business.</p><p><blockquote>很难给游戏驿站定价，因为有太多投资者不知道。正如美国银行全球研究分析师柯蒂斯-内格尔（Curtis Nagle）上周指出的那样，投资者还没有看到任何潜在扭亏为盈计划的成本、时间表和对盈利影响的实际细节。虽然成功的扭亏为盈可能会打破华尔街一些人的看法，即游戏驿站是一家注定会走百视达视频或RadioShack路的过时零售商，但它面临着来自在线游戏和计算机设备业务中几家资金雄厚的参与者的激烈竞争。</blockquote></p><p> Those risks, unknowns, and GameStop’s impressive 2020 run, led&nbsp;<i>Barron’s</i>&nbsp;to recommend investors sit this one&nbsp;out in a Jan. 8 story—though we did highlight the high short interest and potential for a squeeze. To be sure, our timing was terrible in hindsight. But the rationale was that a squeeze is a short-term event that likely wouldn’t change the company’s fundamentals. Investors found out in a February filing that Burry’s Scion Asset Management exited its GameStop position before the end of 2020.</p><p><blockquote>这些风险、未知因素，以及游戏驿站令人印象深刻的 2020 年表现，<i>巴伦</i>建议投资者在 1 月 8 日的报道中忽略这一点——尽管我们确实强调了高空头兴趣和挤压的潜力。可以肯定的是，事后看来，我们的时机很糟糕。但理由是，挤压是一个短期事件，不太可能改变公司的基本面。投资者在 2 月份的一份文件中发现，伯里的 Scion 资产管理公司在 2020 年底前退出了其游戏驿站头寸。</blockquote></p><p> Days after that initial bearish story, GameStop&nbsp;reported holiday sales results&nbsp;that implied a disappointing December despite the hype around new consoles. The company also pulled out of a planned appearance by executives at the ICR investment conference. But the news that Cohen and two associates were joining the board and e-commerce sales were up 309% overshadowed the sales results.</p><p><blockquote>在最初的悲观故事发生几天后，游戏驿站公布了假日销售业绩，这意味着尽管围绕新游戏机进行了大肆宣传，但12月份的销售业绩仍然令人失望。该公司还取消了高管在ICR投资会议上的原定露面。但科恩和两名同事加入董事会以及电子商务销售额增长 309% 的消息给销售业绩蒙上了阴影。</blockquote></p><p></p><p> What followed was GameStop’s parabolic run in January and February, which took on a larger life as the story evolved into a larger debate about short selling and retail investors’ access to capital markets. The stock’s most recent surge followed a few drips on information related to Cohen’s plans,including three promising hires&nbsp;and a new board committee&nbsp;he will chair. The company also announced a hunt for&nbsp;a new chief financial officer.</p><p><blockquote>随后是游戏驿站在 1 月和 2 月的抛物线运行，随着故事演变成一场关于卖空和散户投资者进入资本市场的更大辩论，这一运行也有了更大的生命力。该股最近一次飙升是在与科恩计划相关的一些消息传出之后发生的，其中包括三项有希望的聘用以及他将担任的新董事会委员会主席。该公司还宣布寻找新的首席财务官。</blockquote></p><p> The company’s earnings call started at 5 p.m. EDT, and as of publication was at maximum capacity. Some fans of the stock were streaming the earnings call on the Amazon-backed live-streaming platform Twitch. The company said the call would not include a question and answer section with analysts, as is typical for such events.</p><p><blockquote>该公司的财报看涨期权于美国东部时间下午 5 点开始，截至发稿时已达到最大容量。该股的一些粉丝正在亚马逊支持的直播平台 Twitch 上直播财报看涨期权。该公司表示，看涨期权不会像此类活动的典型情况那样，包括与分析师的问答部分。</blockquote></p><p></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>GameStop Stock Had a Bad Day. Earnings Just Made It Worse.<blockquote>游戏驿站股票今天表现不佳。收入只会让情况变得更糟。</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nGameStop Stock Had a Bad Day. Earnings Just Made It Worse.<blockquote>游戏驿站股票今天表现不佳。收入只会让情况变得更糟。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-03-24 17:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>GameStop‘s fiscal fourth-quarter results came in just short of expectations, but the company announced another trio of hires with e-commerce backgrounds. The stock was down in after-hours trading.</p><p><blockquote>游戏驿站第四财季业绩略低于预期，但该公司宣布了另外三名具有电子商务背景的员工。该股在盘后交易中下跌。</blockquote></p><p> The company reported fiscal fourth-quarter earnings of $1.34 per share, barely missing Wall Street’s consensus estimates of $1.35 a share, according to FactSet. Sales of $2.12 billion were down from $2.19 billion in 2019, and came in short of estimates for $2.21 billion.</p><p><blockquote>根据 FactSet 的数据，该公司第四财季每股收益为 1.34 美元，勉强低于华尔街普遍预期的每股 1.35 美元。销售额为 21.2 亿美元，低于 2019 年的 21.9 亿美元，低于预期的 22.1 亿美元。</blockquote></p><p> GameStop&nbsp;(ticker: GME) said in&nbsp;a separate announcement&nbsp;that&nbsp;Amazon.com&nbsp;alum Jenna Owens will be its next chief operating officer. Owens was director and general manager for distribution and multi-channel fulfillment at the e-commerce giant. Former Chewy Vice President of E-Commerce Neda Pacifico was also named senior vice president of e-commerce at GameStop. Ken Suzuki, who was vice president of supply chain technology at Zulily, will be GameStop’s vice president of supply chain systems. All three begin on March 29.</p><p><blockquote>游戏驿站（股票代码：GME）在另一份公告中表示，亚马逊校友 Jenna Owens 将成为其下一任首席运营官。欧文斯是这家电子商务巨头的分销和多渠道履行总监兼总经理。前Chewy电子商务副总裁Neda Pacifico也被任命为游戏驿站电子商务高级副总裁。曾担任 Zulily 供应链技术副总裁的 Ken Suzuki 将出任游戏驿站供应链系统副总裁。这三个都从3月29日开始。</blockquote></p><p> The company’s comparable sales grew 6.5% year-over-year, beating consensus estimates of 4.7% growth, according to FactSet. E-commerce sales, which are factored in to comparable sales, grew 175% year-over-year. E-commerce represented 34% of the company’s net sales, up from 12% in the prior fourth quarter.</p><p><blockquote>FactSet 的数据显示，该公司的可比销售额同比增长 6.5%，超过了普遍预期的 4.7%。计入可比销售额的电子商务销售额同比增长 175%。电子商务占公司净销售额的 34%，高于上一季度的 12%。</blockquote></p><p> CEO George Sherman said in the earnings release that February comparable store sales were up 23% year-over-year, which included strength in hardware sales.</p><p><blockquote>首席执行官乔治·谢尔曼(George Sherman)在财报中表示，2月份可比商店销售额同比增长23%，其中包括硬件销售的强劲。</blockquote></p><p> “Our emphasis in 2021 will be on improving our E-Commerce and customer experience, increasing our speed of delivery, providing superior customer service and expanding our catalogue,” Sherman added.</p><p><blockquote>“谢尔曼补充说：”我们在 2021 年的重点将是改善我们的电子商务和客户体验，提高送货速度，提供卓越的客户服务，并扩大我们的产品目录。</blockquote></p><p> The company ended the fiscal year with $635 million in cash and restricted cash, $146.7 million in short-term debt, and $216 million of long-term debt. The company had reduced short-term debt to $48.5 million, as of March 15.</p><p><blockquote>该公司本财年结束时拥有 6.35 亿美元现金和受限制现金、1.467 亿美元短期债务和 2.16 亿美元长期债务。截至3月15日，该公司已将短期债务减少至4850万美元。</blockquote></p><p> GameStop stock was down 14% to $156.89 in after hours trading—but given the stock’s&nbsp;volatility in recent months, its initial reaction could shift dramatically in either direction during Wednesday’s session.</p><p><blockquote>游戏驿站股价在盘后交易中下跌 14%，至 156.89 美元，但鉴于该股近几个月的波动性，其最初的反应可能会在周三的交易中向任一方向急剧转变。</blockquote></p><p> GameStop’s results were likely hampered by Covid-19, keeping shoppers at home. On the flip side, it’s may have boosted the company’s improving e-commerce offerings. Over the summer, the shift to digital game downloads accelerated, something that GameStop will have to contend with as it beefs up its turnaround efforts.</p><p><blockquote>游戏驿站的业绩可能受到了 Covid-19 的阻碍，Covid-19 让购物者呆在家里。另一方面，这可能促进了公司不断改进的电子商务产品。今年夏天，向数字游戏下载的转变加速，游戏驿站在加强扭亏为盈的努力时将不得不应对这一问题。</blockquote></p><p> While GameStop’s surging valuation has had analysts scratching their heads, the stock’s earlier bulls viewed it as an undervalued pick ahead of&nbsp;the launch of new gaming consoles. The stock fell as low as $2.57 in the past year and was trading below $7 when Chewy co-founder&nbsp; Ryan Cohen first revealed a 9% stake. He&nbsp;upped his stake&nbsp;to about 13% in December, at an average price of $14.80 a share. Michael Burry, of “The Big Short” fame, and Keith Gill, known as RoaringKitty on YouTube, bet on GameStop stock&nbsp;in 2019 for similar reasons.</p><p><blockquote>虽然游戏驿站的估值飙升让分析师们摸不着头脑，但该股早些时候的看涨者认为，在新游戏机推出之前，它是一个被低估的选择。该股去年跌至 2.57 美元，当 Chewy 联合创始人 Ryan Cohen 首次透露持有 9% 股份时，交易价格低于 7 美元。去年 12 月，他将持股比例增至 13% 左右，平均价格为每股 14.80 美元。因《大空头》而出名的 Michael Burry 和在 YouTube 上被称为 RoaringKitty 的 Keith Gill 也出于类似的原因在 2019 年押注游戏驿站股票。</blockquote></p><p> Some hedge funds bet aggressively on a price decline by borrowing shares and selling them, waiting for a chance to buy and replace the shares, pocketing the difference. GameStop’s short-selling interest exceeded shares available for trading before the news of Cohen and two associates joining the board helped trigger a squeeze that was juiced by options activity.</p><p><blockquote>一些对冲基金通过借入股票并出售股票来积极押注价格下跌，等待购买和替换股票的机会，将差价收入囊中。在科恩和两名同事加入董事会的消息传出之前，游戏驿站的卖空兴趣超过了可供交易的股票。</blockquote></p><p> It’s been hard to price GameStop because there’s so much investors don’t know. As BofA Global Research analyst Curtis Nagle noted last week, investors hadn’t seen actual details on cost, timeline, and impacts to earnings of any potential turnaround plan. While a successful turnaround could buck the perception from some on Wall Street that GameStop is an antiquated retailer destined to go the way of&nbsp;Blockbuster Videoor RadioShack, it faces stiff competition from several well-capitalized players in the online gaming and computer device business.</p><p><blockquote>很难给游戏驿站定价，因为有太多投资者不知道。正如美国银行全球研究分析师柯蒂斯-内格尔（Curtis Nagle）上周指出的那样，投资者还没有看到任何潜在扭亏为盈计划的成本、时间表和对盈利影响的实际细节。虽然成功的扭亏为盈可能会打破华尔街一些人的看法，即游戏驿站是一家注定会走百视达视频或RadioShack路的过时零售商，但它面临着来自在线游戏和计算机设备业务中几家资金雄厚的参与者的激烈竞争。</blockquote></p><p> Those risks, unknowns, and GameStop’s impressive 2020 run, led&nbsp;<i>Barron’s</i>&nbsp;to recommend investors sit this one&nbsp;out in a Jan. 8 story—though we did highlight the high short interest and potential for a squeeze. To be sure, our timing was terrible in hindsight. But the rationale was that a squeeze is a short-term event that likely wouldn’t change the company’s fundamentals. Investors found out in a February filing that Burry’s Scion Asset Management exited its GameStop position before the end of 2020.</p><p><blockquote>这些风险、未知因素，以及游戏驿站令人印象深刻的 2020 年表现，<i>巴伦</i>建议投资者在 1 月 8 日的报道中忽略这一点——尽管我们确实强调了高空头兴趣和挤压的潜力。可以肯定的是，事后看来，我们的时机很糟糕。但理由是，挤压是一个短期事件，不太可能改变公司的基本面。投资者在 2 月份的一份文件中发现，伯里的 Scion 资产管理公司在 2020 年底前退出了其游戏驿站头寸。</blockquote></p><p> Days after that initial bearish story, GameStop&nbsp;reported holiday sales results&nbsp;that implied a disappointing December despite the hype around new consoles. The company also pulled out of a planned appearance by executives at the ICR investment conference. But the news that Cohen and two associates were joining the board and e-commerce sales were up 309% overshadowed the sales results.</p><p><blockquote>在最初的悲观故事发生几天后，游戏驿站公布了假日销售业绩，这意味着尽管围绕新游戏机进行了大肆宣传，但12月份的销售业绩仍然令人失望。该公司还取消了高管在ICR投资会议上的原定露面。但科恩和两名同事加入董事会以及电子商务销售额增长 309% 的消息给销售业绩蒙上了阴影。</blockquote></p><p></p><p> What followed was GameStop’s parabolic run in January and February, which took on a larger life as the story evolved into a larger debate about short selling and retail investors’ access to capital markets. The stock’s most recent surge followed a few drips on information related to Cohen’s plans,including three promising hires&nbsp;and a new board committee&nbsp;he will chair. The company also announced a hunt for&nbsp;a new chief financial officer.</p><p><blockquote>随后是游戏驿站在 1 月和 2 月的抛物线运行，随着故事演变成一场关于卖空和散户投资者进入资本市场的更大辩论，这一运行也有了更大的生命力。该股最近一次飙升是在与科恩计划相关的一些消息传出之后发生的，其中包括三项有希望的聘用以及他将担任的新董事会委员会主席。该公司还宣布寻找新的首席财务官。</blockquote></p><p> The company’s earnings call started at 5 p.m. EDT, and as of publication was at maximum capacity. Some fans of the stock were streaming the earnings call on the Amazon-backed live-streaming platform Twitch. The company said the call would not include a question and answer section with analysts, as is typical for such events.</p><p><blockquote>该公司的财报看涨期权于美国东部时间下午 5 点开始，截至发稿时已达到最大容量。该股的一些粉丝正在亚马逊支持的直播平台 Twitch 上直播财报看涨期权。该公司表示，看涨期权不会像此类活动的典型情况那样，包括与分析师的问答部分。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/gamestop-earnings-came-in-just-short-of-expectations-the-stock-is-down-51616533875?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/gamestop-earnings-came-in-just-short-of-expectations-the-stock-is-down-51616533875?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187858811","content_text":"GameStop‘s fiscal fourth-quarter results came in just short of expectations, but the company announced another trio of hires with e-commerce backgrounds. The stock was down in after-hours trading.\nThe company reported fiscal fourth-quarter earnings of $1.34 per share, barely missing Wall Street’s consensus estimates of $1.35 a share, according to FactSet. Sales of $2.12 billion were down from $2.19 billion in 2019, and came in short of estimates for $2.21 billion.\nGameStop (ticker: GME) said in a separate announcement that Amazon.com alum Jenna Owens will be its next chief operating officer. Owens was director and general manager for distribution and multi-channel fulfillment at the e-commerce giant. Former Chewy Vice President of E-Commerce Neda Pacifico was also named senior vice president of e-commerce at GameStop. Ken Suzuki, who was vice president of supply chain technology at Zulily, will be GameStop’s vice president of supply chain systems. All three begin on March 29.\nThe company’s comparable sales grew 6.5% year-over-year, beating consensus estimates of 4.7% growth, according to FactSet. E-commerce sales, which are factored in to comparable sales, grew 175% year-over-year. E-commerce represented 34% of the company’s net sales, up from 12% in the prior fourth quarter.\nCEO George Sherman said in the earnings release that February comparable store sales were up 23% year-over-year, which included strength in hardware sales.\n“Our emphasis in 2021 will be on improving our E-Commerce and customer experience, increasing our speed of delivery, providing superior customer service and expanding our catalogue,” Sherman added.\nThe company ended the fiscal year with $635 million in cash and restricted cash, $146.7 million in short-term debt, and $216 million of long-term debt. The company had reduced short-term debt to $48.5 million, as of March 15.\nGameStop stock was down 14% to $156.89 in after hours trading—but given the stock’s volatility in recent months, its initial reaction could shift dramatically in either direction during Wednesday’s session.\nGameStop’s results were likely hampered by Covid-19, keeping shoppers at home. On the flip side, it’s may have boosted the company’s improving e-commerce offerings. Over the summer, the shift to digital game downloads accelerated, something that GameStop will have to contend with as it beefs up its turnaround efforts.\nWhile GameStop’s surging valuation has had analysts scratching their heads, the stock’s earlier bulls viewed it as an undervalued pick ahead of the launch of new gaming consoles. The stock fell as low as $2.57 in the past year and was trading below $7 when Chewy co-founder  Ryan Cohen first revealed a 9% stake. He upped his stake to about 13% in December, at an average price of $14.80 a share. Michael Burry, of “The Big Short” fame, and Keith Gill, known as RoaringKitty on YouTube, bet on GameStop stock in 2019 for similar reasons.\nSome hedge funds bet aggressively on a price decline by borrowing shares and selling them, waiting for a chance to buy and replace the shares, pocketing the difference. GameStop’s short-selling interest exceeded shares available for trading before the news of Cohen and two associates joining the board helped trigger a squeeze that was juiced by options activity.\nIt’s been hard to price GameStop because there’s so much investors don’t know. As BofA Global Research analyst Curtis Nagle noted last week, investors hadn’t seen actual details on cost, timeline, and impacts to earnings of any potential turnaround plan. While a successful turnaround could buck the perception from some on Wall Street that GameStop is an antiquated retailer destined to go the way of Blockbuster Videoor RadioShack, it faces stiff competition from several well-capitalized players in the online gaming and computer device business.\nThose risks, unknowns, and GameStop’s impressive 2020 run, led Barron’s to recommend investors sit this one out in a Jan. 8 story—though we did highlight the high short interest and potential for a squeeze. To be sure, our timing was terrible in hindsight. But the rationale was that a squeeze is a short-term event that likely wouldn’t change the company’s fundamentals. Investors found out in a February filing that Burry’s Scion Asset Management exited its GameStop position before the end of 2020.\nDays after that initial bearish story, GameStop reported holiday sales results that implied a disappointing December despite the hype around new consoles. The company also pulled out of a planned appearance by executives at the ICR investment conference. But the news that Cohen and two associates were joining the board and e-commerce sales were up 309% overshadowed the sales results.\nWhat followed was GameStop’s parabolic run in January and February, which took on a larger life as the story evolved into a larger debate about short selling and retail investors’ access to capital markets. The stock’s most recent surge followed a few drips on information related to Cohen’s plans,including three promising hires and a new board committee he will chair. The company also announced a hunt for a new chief financial officer.\nThe company’s earnings call started at 5 p.m. EDT, and as of publication was at maximum capacity. Some fans of the stock were streaming the earnings call on the Amazon-backed live-streaming platform Twitch. The company said the call would not include a question and answer section with analysts, as is typical for such events.","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359271212,"gmtCreate":1616407782736,"gmtModify":1634526010495,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"title":"","htmlText":"First comment please like and comment ^^","listText":"First comment please like and comment ^^","text":"First comment please like and comment ^^","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/359271212","repostId":"1192531017","repostType":4,"isVote":1,"tweetType":1,"viewCount":614,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156652157,"gmtCreate":1625220591479,"gmtModify":1631891770758,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/156652157","repostId":"1162611368","repostType":4,"isVote":1,"tweetType":1,"viewCount":1123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341142804,"gmtCreate":1617797866508,"gmtModify":1631885382754,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>Moonlet’s go","listText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>Moonlet’s go","text":"$Marathon Digital Holdings Inc(MARA)$Moonlet’s go","images":[{"img":"https://static.tigerbbs.com/8ca4f845a166d26339bda59c455d59d1","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/341142804","isVote":1,"tweetType":1,"viewCount":914,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":373381840,"gmtCreate":1618822040280,"gmtModify":1631885332313,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>Added more positions","listText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>Added more positions","text":"$Marathon Digital Holdings Inc(MARA)$Added more positions","images":[{"img":"https://static.tigerbbs.com/128ccf2ec4e0e332a6b1c902d23a443d","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/373381840","isVote":1,"tweetType":1,"viewCount":1062,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":353538220,"gmtCreate":1616507128360,"gmtModify":1634525468737,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"title":"","htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/353538220","repostId":"1153771573","repostType":4,"repost":{"id":"1153771573","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616506331,"share":"https://www.laohunote.com/m/news/1153771573?lang=zh_CN&edition=full","pubTime":"2021-03-23 21:32","market":"us","language":"en","title":"S&P 500 falls slightly as bull market turns one year old, Nasdaq is flat.<blockquote>随着牛市满一周年，标普500小幅下跌，纳斯达克持平。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1153771573","media":"Tiger Newspress","summary":"U.S. stocks dipped on Tuesday, one year after the bull market from the pandemic lows began as invest","content":"<p>U.S. stocks dipped on Tuesday, one year after the bull market from the pandemic lows began as investors took some profits in shares that will benefit most from the reopening of the economy.</p><p><blockquote>美国股市周二下跌，一年前，从大流行低点开始的牛市开始，因为投资者在将从经济重新开放中受益最大的股票中获利了结。</blockquote></p><p>The S&amp;P 500 fell 0.2%, while the Dow Jones Industrial Average shed 104points. The tech-heavy Nasdaq Composite traded near the flatline.</p><p><blockquote>标普500下跌0.2%，道琼斯工业平均指数下跌104点。以科技股为主的纳斯达克综合指数交易价格接近持平线。</blockquote></p><p><img src=\"https://static.tigerbbs.com/50b999a4eca950348b4ba5e25dd57675\" tg-width=\"1075\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Shares of Carnival and Norwegian cruise lines fell more than 1% each. American Airlines and United Airlines fell about 2% apiece. Brick-and-mortar retailer Gap also fell slightly.</p><p><blockquote>嘉年华和挪威邮轮公司的股价均下跌超过1%。美国航空和联合航空各下跌约2%。实体零售商Gap也小幅下跌。</blockquote></p><p>ViacomCBS, one of the top performers in the S&amp;P 500 since the pandemic lows, lost 3% after saying it would offer more stock for sale. The shares are up more than 700% since last March.</p><p><blockquote>维亚康姆哥伦比亚广播公司是自大流行低点以来标普500表现最好的公司之一，在表示将提供更多股票出售后，该公司下跌了 3%。自去年3月以来，该股已上涨超过700%。</blockquote></p><p>Tuesday marks the&nbsp;one-year anniversary of the market's bottom&nbsp;as the coronavirus pandemic sent stocks tumbling 30% at the fastest pace on record. Since the low on March 23, both the S&amp;P 500 and Dow have advanced more than 75%. The Nasdaq Composite is up more than 90%, while the Russell 2000 has surged 126%.</p><p><blockquote>周二是市场触底一周年纪念日，冠状病毒大流行导致股市以有记录以来最快的速度暴跌 30%。自 3 月 23 日低点以来，标普500和道琼斯指数均上涨超过 75%。纳斯达克综合指数上涨超过 90%，而罗素 2000 指数则飙升 126%。</blockquote></p><p>\"Things have come full circle now, as stocks have staged a furious rally, with new highs happening across the globe as the economy recovers at a record pace,\" noted Ryan Detrick, chief market strategist at LPL Financial.</p><p><blockquote>LPL Financial 首席市场策略师瑞安·德特里克 (Ryan Detrick) 指出：“现在情况又回到了原点，股市上演了疯狂的反弹，随着经济以创纪录的速度复苏，全球各地都创下了新高。”</blockquote></p><p>\"This bull market is off to an amazing start, but it is important to remember it is still young. While a pick-up in volatility would be normal as this stage of a strong bull market, we think suitable investors may want to consider buying the dip. Vaccine distribution, fiscal and monetary stimulus, and a robust economic recovery all have our confidence high,\" he added.</p><p><blockquote>“这轮牛市有一个惊人的开端，但重要的是要记住它还很年轻。虽然在强劲牛市的这个阶段，波动性加剧是正常的，但我们认为合适的投资者可能需要考虑逢低买入。疫苗分发、财政和货币刺激以及强劲的经济复苏都让我们充满信心，”他补充道。</blockquote></p><p>On the pandemic front, a U.S. health agency expressed concern Tuesday that&nbsp;AstraZeneca&nbsp;may have included&nbsp;outdated information&nbsp;in trial results&nbsp;of its Covid-19 vaccine.</p><p><blockquote>在大流行方面，美国卫生机构周二表示担忧，阿斯利康可能在其新冠肺炎疫苗的试验结果中包含了过时的信息。</blockquote></p><p>The U.S. is administering about 2.5 million Covid vaccine shots every day. However, the number of&nbsp;new cases is increasing in 21 states&nbsp;as highly infectious variants spread and governors relax restrictions on businesses.</p><p><blockquote>美国每天注射约250万剂Covid疫苗。然而，随着高传染性变种的传播和州长放松对企业的限制，21个州的新病例数量正在增加。</blockquote></p><p>The Dow finished Monday’s session 103 points higher, for a gain of 0.32%. The S&amp;P 500 broke a two-day losing streak and advanced 0.7%. The Nasdaq Composite was the relative outperformer, jumping 1.23% for its fifth positive session in six.</p><p><blockquote>道琼斯指数周一收盘上涨103点，涨幅为0.32%。标普500打破两日连跌，上涨0.7%。纳斯达克综合指数表现相对优异，六年来第五个交易日上涨 1.23%。</blockquote></p><p>The gains came as the&nbsp;10-year Treasury&nbsp;yield retreated, after touching a 14-month high last week. The 10-year yield was falling again on Tuesday, but that failed to boost stock futures.</p><p><blockquote>此次上涨正值 10 年期国债收益率在上周触及 14 个月高点后回落之际。10年期国债收益率周二再次下跌，但这未能提振股票期货。</blockquote></p><p>“While the rise in yields has created volatility, we don’t expect it to derail the equity rally,” noted Mark Haefele, chief investment officer at UBS Global Wealth Management. “We believe rising yields reflect growth optimism and expectations for higher inflation.”</p><p><blockquote>“瑞银全球财富管理公司首席投资官马克-海费勒（Mark Haefele）指出：”虽然收益率上升造成了波动，但我们预计这不会破坏股市的涨势。“我们认为，收益率上升反映了增长乐观情绪和对通胀上升的预期。”</blockquote></p><p>On Tuesday Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen will make their first joint appearance before the U.S. House Committee on Financial Services. The discussion will center on the oversight of the Treasury’s and Federal Reserve’s pandemic response.</p><p><blockquote>周二，美联储主席杰罗姆·鲍威尔和财政部长珍妮特·耶伦将首次联合出席美国众议院金融服务委员会。讨论将集中在对财政部和美联储大流行病应对措施的监督上。</blockquote></p><p>In prepared remarks published ahead of the hearing, Powell noted that the recovery is gaining steam, before adding there’s still a long way to go.</p><p><blockquote>鲍威尔在听证会前发表的事先准备好的讲话中指出，复苏正在加速，但他补充说，复苏还有很长的路要走。</blockquote></p><p>“The recovery has progressed more quickly than generally expected and looks to be strengthening. This is due in significant part to the unprecedented fiscal and monetary policy actions ... which provided essential support to households, businesses, and communities,”he said in the prepared comments.</p><p><blockquote>“经济复苏的进展比普遍预期的要快，而且看起来还在加强。这在很大程度上要归功于前所未有的财政和货币政策行动.....这些行动为家庭、企业和社区提供了必要的支持，”他在准备好的评论中说。</blockquote></p><p>“But the recovery is far from complete, so, at the Fed, we will continue to provide the economy the support that it needs for as long as it takes,” he added.</p><p><blockquote>“他补充说：”但复苏还远未完成，因此，在美联储，我们将继续为经济提供所需的支持。</blockquote></p><p></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>S&P 500 falls slightly as bull market turns one year old, Nasdaq is flat.<blockquote>随着牛市满一周年，标普500小幅下跌，纳斯达克持平。</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nS&P 500 falls slightly as bull market turns one year old, Nasdaq is flat.<blockquote>随着牛市满一周年，标普500小幅下跌，纳斯达克持平。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-03-23 21:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stocks dipped on Tuesday, one year after the bull market from the pandemic lows began as investors took some profits in shares that will benefit most from the reopening of the economy.</p><p><blockquote>美国股市周二下跌，一年前，从大流行低点开始的牛市开始，因为投资者在将从经济重新开放中受益最大的股票中获利了结。</blockquote></p><p>The S&amp;P 500 fell 0.2%, while the Dow Jones Industrial Average shed 104points. The tech-heavy Nasdaq Composite traded near the flatline.</p><p><blockquote>标普500下跌0.2%，道琼斯工业平均指数下跌104点。以科技股为主的纳斯达克综合指数交易价格接近持平线。</blockquote></p><p><img src=\"https://static.tigerbbs.com/50b999a4eca950348b4ba5e25dd57675\" tg-width=\"1075\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Shares of Carnival and Norwegian cruise lines fell more than 1% each. American Airlines and United Airlines fell about 2% apiece. Brick-and-mortar retailer Gap also fell slightly.</p><p><blockquote>嘉年华和挪威邮轮公司的股价均下跌超过1%。美国航空和联合航空各下跌约2%。实体零售商Gap也小幅下跌。</blockquote></p><p>ViacomCBS, one of the top performers in the S&amp;P 500 since the pandemic lows, lost 3% after saying it would offer more stock for sale. The shares are up more than 700% since last March.</p><p><blockquote>维亚康姆哥伦比亚广播公司是自大流行低点以来标普500表现最好的公司之一，在表示将提供更多股票出售后，该公司下跌了 3%。自去年3月以来，该股已上涨超过700%。</blockquote></p><p>Tuesday marks the&nbsp;one-year anniversary of the market's bottom&nbsp;as the coronavirus pandemic sent stocks tumbling 30% at the fastest pace on record. Since the low on March 23, both the S&amp;P 500 and Dow have advanced more than 75%. The Nasdaq Composite is up more than 90%, while the Russell 2000 has surged 126%.</p><p><blockquote>周二是市场触底一周年纪念日，冠状病毒大流行导致股市以有记录以来最快的速度暴跌 30%。自 3 月 23 日低点以来，标普500和道琼斯指数均上涨超过 75%。纳斯达克综合指数上涨超过 90%，而罗素 2000 指数则飙升 126%。</blockquote></p><p>\"Things have come full circle now, as stocks have staged a furious rally, with new highs happening across the globe as the economy recovers at a record pace,\" noted Ryan Detrick, chief market strategist at LPL Financial.</p><p><blockquote>LPL Financial 首席市场策略师瑞安·德特里克 (Ryan Detrick) 指出：“现在情况又回到了原点，股市上演了疯狂的反弹，随着经济以创纪录的速度复苏，全球各地都创下了新高。”</blockquote></p><p>\"This bull market is off to an amazing start, but it is important to remember it is still young. While a pick-up in volatility would be normal as this stage of a strong bull market, we think suitable investors may want to consider buying the dip. Vaccine distribution, fiscal and monetary stimulus, and a robust economic recovery all have our confidence high,\" he added.</p><p><blockquote>“这轮牛市有一个惊人的开端，但重要的是要记住它还很年轻。虽然在强劲牛市的这个阶段，波动性加剧是正常的，但我们认为合适的投资者可能需要考虑逢低买入。疫苗分发、财政和货币刺激以及强劲的经济复苏都让我们充满信心，”他补充道。</blockquote></p><p>On the pandemic front, a U.S. health agency expressed concern Tuesday that&nbsp;AstraZeneca&nbsp;may have included&nbsp;outdated information&nbsp;in trial results&nbsp;of its Covid-19 vaccine.</p><p><blockquote>在大流行方面，美国卫生机构周二表示担忧，阿斯利康可能在其新冠肺炎疫苗的试验结果中包含了过时的信息。</blockquote></p><p>The U.S. is administering about 2.5 million Covid vaccine shots every day. However, the number of&nbsp;new cases is increasing in 21 states&nbsp;as highly infectious variants spread and governors relax restrictions on businesses.</p><p><blockquote>美国每天注射约250万剂Covid疫苗。然而，随着高传染性变种的传播和州长放松对企业的限制，21个州的新病例数量正在增加。</blockquote></p><p>The Dow finished Monday’s session 103 points higher, for a gain of 0.32%. The S&amp;P 500 broke a two-day losing streak and advanced 0.7%. The Nasdaq Composite was the relative outperformer, jumping 1.23% for its fifth positive session in six.</p><p><blockquote>道琼斯指数周一收盘上涨103点，涨幅为0.32%。标普500打破两日连跌，上涨0.7%。纳斯达克综合指数表现相对优异，六年来第五个交易日上涨 1.23%。</blockquote></p><p>The gains came as the&nbsp;10-year Treasury&nbsp;yield retreated, after touching a 14-month high last week. The 10-year yield was falling again on Tuesday, but that failed to boost stock futures.</p><p><blockquote>此次上涨正值 10 年期国债收益率在上周触及 14 个月高点后回落之际。10年期国债收益率周二再次下跌，但这未能提振股票期货。</blockquote></p><p>“While the rise in yields has created volatility, we don’t expect it to derail the equity rally,” noted Mark Haefele, chief investment officer at UBS Global Wealth Management. “We believe rising yields reflect growth optimism and expectations for higher inflation.”</p><p><blockquote>“瑞银全球财富管理公司首席投资官马克-海费勒（Mark Haefele）指出：”虽然收益率上升造成了波动，但我们预计这不会破坏股市的涨势。“我们认为，收益率上升反映了增长乐观情绪和对通胀上升的预期。”</blockquote></p><p>On Tuesday Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen will make their first joint appearance before the U.S. House Committee on Financial Services. The discussion will center on the oversight of the Treasury’s and Federal Reserve’s pandemic response.</p><p><blockquote>周二，美联储主席杰罗姆·鲍威尔和财政部长珍妮特·耶伦将首次联合出席美国众议院金融服务委员会。讨论将集中在对财政部和美联储大流行病应对措施的监督上。</blockquote></p><p>In prepared remarks published ahead of the hearing, Powell noted that the recovery is gaining steam, before adding there’s still a long way to go.</p><p><blockquote>鲍威尔在听证会前发表的事先准备好的讲话中指出，复苏正在加速，但他补充说，复苏还有很长的路要走。</blockquote></p><p>“The recovery has progressed more quickly than generally expected and looks to be strengthening. This is due in significant part to the unprecedented fiscal and monetary policy actions ... which provided essential support to households, businesses, and communities,”he said in the prepared comments.</p><p><blockquote>“经济复苏的进展比普遍预期的要快，而且看起来还在加强。这在很大程度上要归功于前所未有的财政和货币政策行动.....这些行动为家庭、企业和社区提供了必要的支持，”他在准备好的评论中说。</blockquote></p><p>“But the recovery is far from complete, so, at the Fed, we will continue to provide the economy the support that it needs for as long as it takes,” he added.</p><p><blockquote>“他补充说：”但复苏还远未完成，因此，在美联储，我们将继续为经济提供所需的支持。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153771573","content_text":"U.S. stocks dipped on Tuesday, one year after the bull market from the pandemic lows began as investors took some profits in shares that will benefit most from the reopening of the economy.The S&P 500 fell 0.2%, while the Dow Jones Industrial Average shed 104points. The tech-heavy Nasdaq Composite traded near the flatline.Shares of Carnival and Norwegian cruise lines fell more than 1% each. American Airlines and United Airlines fell about 2% apiece. Brick-and-mortar retailer Gap also fell slightly.ViacomCBS, one of the top performers in the S&P 500 since the pandemic lows, lost 3% after saying it would offer more stock for sale. The shares are up more than 700% since last March.Tuesday marks the one-year anniversary of the market's bottom as the coronavirus pandemic sent stocks tumbling 30% at the fastest pace on record. Since the low on March 23, both the S&P 500 and Dow have advanced more than 75%. The Nasdaq Composite is up more than 90%, while the Russell 2000 has surged 126%.\"Things have come full circle now, as stocks have staged a furious rally, with new highs happening across the globe as the economy recovers at a record pace,\" noted Ryan Detrick, chief market strategist at LPL Financial.\"This bull market is off to an amazing start, but it is important to remember it is still young. While a pick-up in volatility would be normal as this stage of a strong bull market, we think suitable investors may want to consider buying the dip. Vaccine distribution, fiscal and monetary stimulus, and a robust economic recovery all have our confidence high,\" he added.On the pandemic front, a U.S. health agency expressed concern Tuesday that AstraZeneca may have included outdated information in trial results of its Covid-19 vaccine.The U.S. is administering about 2.5 million Covid vaccine shots every day. However, the number of new cases is increasing in 21 states as highly infectious variants spread and governors relax restrictions on businesses.The Dow finished Monday’s session 103 points higher, for a gain of 0.32%. The S&P 500 broke a two-day losing streak and advanced 0.7%. The Nasdaq Composite was the relative outperformer, jumping 1.23% for its fifth positive session in six.The gains came as the 10-year Treasury yield retreated, after touching a 14-month high last week. The 10-year yield was falling again on Tuesday, but that failed to boost stock futures.“While the rise in yields has created volatility, we don’t expect it to derail the equity rally,” noted Mark Haefele, chief investment officer at UBS Global Wealth Management. “We believe rising yields reflect growth optimism and expectations for higher inflation.”On Tuesday Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen will make their first joint appearance before the U.S. House Committee on Financial Services. The discussion will center on the oversight of the Treasury’s and Federal Reserve’s pandemic response.In prepared remarks published ahead of the hearing, Powell noted that the recovery is gaining steam, before adding there’s still a long way to go.“The recovery has progressed more quickly than generally expected and looks to be strengthening. This is due in significant part to the unprecedented fiscal and monetary policy actions ... which provided essential support to households, businesses, and communities,”he said in the prepared comments.“But the recovery is far from complete, so, at the Fed, we will continue to provide the economy the support that it needs for as long as it takes,” he added.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":497,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359383391,"gmtCreate":1616343451113,"gmtModify":1634526286675,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/359383391","repostId":"1136440314","repostType":4,"isVote":1,"tweetType":1,"viewCount":558,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327712013,"gmtCreate":1616125014132,"gmtModify":1631887156812,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Let’s do thissss","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Let’s do thissss","text":"$ARK Innovation ETF(ARKK)$Let’s do thissss","images":[{"img":"https://static.tigerbbs.com/0837a8404e1d01f885611388f777a937","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/327712013","isVote":1,"tweetType":1,"viewCount":510,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":187572791,"gmtCreate":1623760627613,"gmtModify":1634028834773,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"title":"","htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/187572791","repostId":"1107805706","repostType":4,"isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118519041,"gmtCreate":1622737853183,"gmtModify":1634098512817,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/118519041","repostId":"1143150601","repostType":4,"isVote":1,"tweetType":1,"viewCount":500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}