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2021-08-10

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II-VI Stock Falls After Q4 Results, Notes Gross Margin Pressure

2021-08-09

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2021-08-05

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2021-08-03

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2021-08-02

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2021-08-01

Nice

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2021-07-31

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2021-07-22

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2021-07-19

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2021-07-16

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2021-07-15

Hmm

OPEC reportedly reaches compromise on oil production after dispute with UAE

2021-07-14

$Apple(AAPL)$is going up?

Toplines Before US Market Open on Wednesday

2021-07-14

Like pls

Wedbush downgrades Peloton, says customer engagement falling with gyms reopened

2021-07-14

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Powell Says Achieving ‘Substantial Further Progress’ a Ways Off

2021-07-01

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2021-06-30

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2021-06-30

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2021-06-29

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2021-06-25

$Tesla Motors(TSLA)$$Tesla Motors(TSLA)$to the 🌙

2021-06-25

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Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628607286,"share":"https://www.laohu8.com/m/news/2158477942?lang=&edition=full","pubTime":"2021-08-10 22:54","market":"us","language":"en","title":"II-VI Stock Falls After Q4 Results, Notes Gross Margin Pressure","url":"https://stock-news.laohu8.com/highlight/detail?id=2158477942","media":"Benzinga","summary":"\n","content":"<ul>\n <li><b><a href=\"https://laohu8.com/S/IIVI\">II-VI Inc</a></b>&nbsp;(NASDAQ:IIVI)&nbsp;reported fourth-quarter&nbsp;FY21 revenue growth of 8.3% year-on-year to $808 million, beating the analyst consensus of $783.33 million.</li>\n <li><b>Segments:&nbsp;</b>Photonic Solutions revenue increased 6.3% Y/Y to $549.7 million. Revenue from Compound Semiconductors rose 12.8% Y/Y to $258.3 million.</li>\n <li><b>Margins:&nbsp;</b>The non-GAAP gross margin contracted 370 bps to 38.6% as the costs rose 12.7% Y/Y.</li>\n <li>The non-GAAP operating margin expanded 170 bps to 18.4% as the expenses declined 18% Y/Y.</li>\n <li>Non-GAAP operating margin for Compound Semiconductors expanded 810 bps to 23.7%, while contracted 130 bps to 15.9% for Photonic Solutions segment.</li>\n <li>Non-GAAP EPS of $0.88 beat the analyst consensus of $0.76.</li>\n <li>II-VI held $1.6 billion in cash and equivalents as of June 30, 2021, and generated $574.4 million in operating cash flow during FY21.</li>\n <li>The Q4 revenue exceeded the top end of II-VI's guidance with a book-to-bill ratio of 1.14.</li>\n <li>In communications, FY21 revenue improved 11%, driven by 100, 200, 400G datacom transceivers and coherent optics.</li>\n <li>II-VI's life sciences revenue grew by 65% Y/Y in support of COVID and other diagnostic testing.</li>\n <li>II-VI expects the pending acquisition of&nbsp;<b><a href=\"https://laohu8.com/S/COHR\">Coherent</a> Inc&nbsp;</b>(NASDAQ:COHR)<b>&nbsp;</b>to close during the first calendar quarter of 2022.</li>\n <li><b>Outlook:&nbsp;</b>II-VI sees Q1 FY22 revenue of $780 million - $830 million compared to the analyst consensus of $804.04 million.</li>\n <li>It forecasts a non-GAAP EPS of $0.75 - $0.90 versus the analyst consensus of $0.90.</li>\n <li><b>Price action:</b>&nbsp;IIVI shares traded lower by 5.30% at $64.26 on the last check Tuesday.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nII-VI Stock Falls After Q4 Results, Notes Gross Margin Pressure\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-10 22:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/IIVI\">II-VI Inc</a></b>&nbsp;(NASDAQ:IIVI)&nbsp;reported fourth-quarter&nbsp;FY21 revenue growth of 8.3% year-on-year to $808 million, beating the analyst consensus of $783.33 million.</li>\n <li><b>Segments:&nbsp;</b>Photonic Solutions revenue increased 6.3% Y/Y to $549.7 million. Revenue from Compound Semiconductors rose 12.8% Y/Y to $258.3 million.</li>\n <li><b>Margins:&nbsp;</b>The non-GAAP gross margin contracted 370 bps to 38.6% as the costs rose 12.7% Y/Y.</li>\n <li>The non-GAAP operating margin expanded 170 bps to 18.4% as the expenses declined 18% Y/Y.</li>\n <li>Non-GAAP operating margin for Compound Semiconductors expanded 810 bps to 23.7%, while contracted 130 bps to 15.9% for Photonic Solutions segment.</li>\n <li>Non-GAAP EPS of $0.88 beat the analyst consensus of $0.76.</li>\n <li>II-VI held $1.6 billion in cash and equivalents as of June 30, 2021, and generated $574.4 million in operating cash flow during FY21.</li>\n <li>The Q4 revenue exceeded the top end of II-VI's guidance with a book-to-bill ratio of 1.14.</li>\n <li>In communications, FY21 revenue improved 11%, driven by 100, 200, 400G datacom transceivers and coherent optics.</li>\n <li>II-VI's life sciences revenue grew by 65% Y/Y in support of COVID and other diagnostic testing.</li>\n <li>II-VI expects the pending acquisition of&nbsp;<b><a href=\"https://laohu8.com/S/COHR\">Coherent</a> Inc&nbsp;</b>(NASDAQ:COHR)<b>&nbsp;</b>to close during the first calendar quarter of 2022.</li>\n <li><b>Outlook:&nbsp;</b>II-VI sees Q1 FY22 revenue of $780 million - $830 million compared to the analyst consensus of $804.04 million.</li>\n <li>It forecasts a non-GAAP EPS of $0.75 - $0.90 versus the analyst consensus of $0.90.</li>\n <li><b>Price action:</b>&nbsp;IIVI shares traded lower by 5.30% at $64.26 on the last check Tuesday.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158477942","content_text":"II-VI Inc (NASDAQ:IIVI) reported fourth-quarter FY21 revenue growth of 8.3% year-on-year to $808 million, beating the analyst consensus of $783.33 million.\nSegments: Photonic Solutions revenue increased 6.3% Y/Y to $549.7 million. Revenue from Compound Semiconductors rose 12.8% Y/Y to $258.3 million.\nMargins: The non-GAAP gross margin contracted 370 bps to 38.6% as the costs rose 12.7% Y/Y.\nThe non-GAAP operating margin expanded 170 bps to 18.4% as the expenses declined 18% Y/Y.\nNon-GAAP operating margin for Compound Semiconductors expanded 810 bps to 23.7%, while contracted 130 bps to 15.9% for Photonic Solutions segment.\nNon-GAAP EPS of $0.88 beat the analyst consensus of $0.76.\nII-VI held $1.6 billion in cash and equivalents as of June 30, 2021, and generated $574.4 million in operating cash flow during FY21.\nThe Q4 revenue exceeded the top end of II-VI's guidance with a book-to-bill ratio of 1.14.\nIn communications, FY21 revenue improved 11%, driven by 100, 200, 400G datacom transceivers and coherent optics.\nII-VI's life sciences revenue grew by 65% Y/Y in support of COVID and other diagnostic testing.\nII-VI expects the pending acquisition of Coherent Inc (NASDAQ:COHR) to close during the first calendar quarter of 2022.\nOutlook: II-VI sees Q1 FY22 revenue of $780 million - $830 million compared to the analyst consensus of $804.04 million.\nIt forecasts a non-GAAP EPS of $0.75 - $0.90 versus the analyst consensus of $0.90.\nPrice action: IIVI shares traded lower by 5.30% at $64.26 on the last check 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23:20","market":"fut","language":"en","title":"OPEC reportedly reaches compromise on oil production after dispute with UAE","url":"https://stock-news.laohu8.com/highlight/detail?id=1181513394","media":"CNBC","summary":"DUBAI, United Arab Emirates — The Organization of Petroleum Exporting Countries on Wednesday arrived","content":"<div>\n<p>DUBAI, United Arab Emirates — The Organization of Petroleum Exporting Countries on Wednesday arrived at a deal after a nearly two-week standoff over its future oil production levels, according to ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/opec-reportedly-reaches-compromise-on-oil-production-after-dispute-with-uae.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OPEC reportedly reaches compromise on oil production after dispute with UAE</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{ 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float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOPEC reportedly reaches compromise on oil production after dispute with UAE\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/14/opec-reportedly-reaches-compromise-on-oil-production-after-dispute-with-uae.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DUBAI, United Arab Emirates — The Organization of Petroleum Exporting Countries on Wednesday arrived at a deal after a nearly two-week standoff over its future oil production levels, according to ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/opec-reportedly-reaches-compromise-on-oil-production-after-dispute-with-uae.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚"},"source_url":"https://www.cnbc.com/2021/07/14/opec-reportedly-reaches-compromise-on-oil-production-after-dispute-with-uae.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1181513394","content_text":"DUBAI, United Arab Emirates — The Organization of Petroleum Exporting Countries on Wednesday arrived at a deal after a nearly two-week standoff over its future oil production levels, according to reports by theWall Street JournalandReuters.\nThe temporary but unprecedented gridlock that began in early July saw the United Arab Emirates reject a coordinated oil production plan for the group spearheaded by its kingpin, Saudi Arabia.\nAbu Dhabi had demanded that its own \"baseline\" for crude production — the maximum volume it's recognized by OPEC as being able to produce — be raised because this figure then determines the size of production cuts and quotas it must follow as per the group's output agreements. Members cut the same percentage from their baseline, so having a higher baseline would allow the UAE a greater production quota.\nThe UAE initially called for its baseline to be raised from 3.2 million barrels a day to 3.8 million barrels a day. According to sources cited by the Wall Street Journal, the compromise reached between Saudi Arabia and its smaller neighbor will raise the UAE's baseline to 3.65 million barrels per day from April 2022. The reports have not been officially confirmed, and OPEC and the Saudi energy ministry did not reply to CNBC requests for comment.\nThe initial agreement supported by most OPEC delegates set out a plan for the group to collectively bring production up to 400,000 barrels of crude per day monthly through to the end of 2022. This would end the remaining limits that were set in the spring of 2020, as economic recovery and growing demand for oil have broughtcrude prices up to their highest level since late 2018.","news_type":1,"symbols_score_info":{"XOM":0.9}},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144385681,"gmtCreate":1626268385443,"gmtModify":1633928474989,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>is going up?","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>is going up?","text":"$Apple(AAPL)$is going up?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144385681","repostId":"1109107054","repostType":4,"repost":{"id":"1109107054","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":1626265011,"share":"https://www.laohu8.com/m/news/1109107054?lang=&edition=full","pubTime":"2021-07-14 20:16","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1109107054","media":"Tiger Newspress","summary":"U.S. stock index futures edged higher on Wednesday helped by a rise in mega-cap technology stocks, as investors awaited Federal Reserve chair Jerome Powell’s testimony and more earnings reports from big banks poured in.At 8:15 a.m. ET, Dow E-minis were up 14 points, or 0.04%, S&P 500 E-minis were ip 7 points, or 0.16% and Nasdaq 100 E-minis were up 71.5 points, or 0.48%.Powell is set to appear before Congress on Wednesday and Thursday, and many will be watching for signs if the central bank woul","content":"<p>U.S. stock index futures edged higher on Wednesday helped by a rise in mega-cap technology stocks, as investors awaited Federal Reserve chair Jerome Powell’s testimony and more earnings reports from big banks poured in.</p>\n<p>At 8:15 a.m. ET, Dow E-minis were up 14 points, or 0.04%, S&amp;P 500 E-minis were ip 7 points, or 0.16% and Nasdaq 100 E-minis were up 71.5 points, or 0.48%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d2dd0a9be59a9a9882326fc2d652dcd\" tg-width=\"799\" tg-height=\"248\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:15</span></p>\n<p>Powell is set to appear before Congress on Wednesday and Thursday, and many will be watching for signs if the central bank would alter its stance on rising consumer prices, which it has said are transitory and may begin unwinding its easy-money policies sooner than expected.</p>\n<p>Data on Tuesday indicated U.S. consumer prices rose by the most in 13 years last month, pulling the S&amp;P 500 and the Nasdaq from intraday record highs, and taking shine off strong earnings from JPMorgan Chase &amp; Co and Goldman Sachs Group Inc that kicked off the quarterly reporting season.</p>\n<p>Wall Street has been sensitive to rising inflation, with market participants fearing that a potential hawkish shift by the central bank amid a rise in new coronavirus infections could wobble stocks after a record rally from the pandemic lows last year.</p>\n<p>Meanwhile, President Joe Biden’s drive for big new infrastructure investment got a boost on Tuesday when leading Senate Democrats agreed on a $3.5 trillion investment plan they aim to include in a budget resolution to be debated soon.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><b><a href=\"https://laohu8.com/S/BAC\">Bank of America</a></b> – Bank of America shares slid 2.2% in the premarket after it reported a quarterly profit of $1.03 per share, including a one-time tax benefit. The consensus estimate was 77 cents. The bank's revenue came in below Wall Street forecasts and it also reported higher expenses.</p>\n<p><b><a href=\"https://laohu8.com/S/BLK\">BlackRock</a> </b>– The asset management firm reported an adjusted quarterly profit of $10.03 per share, beating the consensus estimate of $9.46, while revenue was also above Wall Street forecasts. Assets under management surged to a record $9.49 trillion during the quarter. Despite the beat, BlackRock fell 1.4% in premarket action.</p>\n<p><b><a href=\"https://laohu8.com/S/DAL\">Delta Air Lines</a></b> – Delta lost $1.07 per share for the second quarter, less than the $1.38 per share loss that analysts were anticipating. Revenue topped forecasts, with Delta noting accelerated customer demand and a \"solid\" pretax profit for the month of June. Delta gained 2.6% in premarket action.</p>\n<p><b><a href=\"https://laohu8.com/S/PTON\">Peloton Interactive, Inc.</a> </b>– Pelton shares fell 2.2% in the premarket after Wedbush Securities downgraded the fitness equipment maker's stock to \"neutral\" from \"outperform\". Wedbush points out that consumers now have a growing number of workout alternatives, as well as the post-pandemic option of out-of-home workouts.</p>\n<p><b><a href=\"https://laohu8.com/S/AAL\">American Airlines</a> </b>– American expects to report positive cash flow for the second quarter, the first time that's happened since the pandemic began. At the height of the global travel shutdown, American was burning about $100 million per day in cash. American shares jumped 2.9% in premarket trading.</p>\n<p><b><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a></b> – The chipmaker is no longer in talks to buy software company SAS Institute, according to people familiar with the matter who spoke to the Wall Street Journal. The end of the discussions reportedly came after SAS co-founders Jim Goodnight and John Sall changed their minds about possibly selling the company.</p>\n<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> </b> – Apple is asking suppliers to build as many as 90 million next-generation iPhones, according to people with knowledge of the matter who spoke to Bloomberg. That would represent an up to 20% increase over 2020 levels. Apple rose 1.8% in the premarket.</p>\n<p><b><a href=\"https://laohu8.com/S/EBAY\">eBay</a> </b>– eBay agreed to sell part of its stake in Norway'sAdevintato satisfy a demand from Austrian competition regulators. Austria wanted eBay to cut its stake to no more than 33%, in order to give its approval for a tie-up between the classified ad businesses of the two companies. EBay will sell a 10.2% Adevinta stake to private equity firm Permira for $2.25 billion.</p>\n<p><b><a href=\"https://laohu8.com/S/LB\">L Brands Inc</a></b> – L Brands raised its fiscal second-quarter earnings guidance, thanks to better-than-expected profit margins and improved sales at its Victoria's Secret and Bath &amp; Body Works units. Separately, L Brands filed to sell 20 million shares held by founder Leslie Wexner and affiliated stockholders. The company will not receive any proceeds from the sale. L Brands fell 2.1% in the premarket.</p>\n<p><b><a href=\"https://laohu8.com/S/JEF\">Jefferies Financial Group Inc.</a></b> – Japan'sSumitomo Mitsui Financial Groupis considering buying a 5% stake in Jefferies for about $380 million, according to multiple reports. Sumitomo did acknowledge it was considering a financial alliance with Jefferies and would announce further details once they are worked out. Jefferies shares rallied 3.5% in premarket trading.</p>\n<p><b><a href=\"https://laohu8.com/S/LULU\">Lululemon Athletica</a></b> – The apparel maker's shares rose 1.1% in the premarket after Goldman initiated coverage with a \"buy\" rating and inclusion on the firm's \"Conviction Buy\" list. Goldman said the post-Covid recovery period has been favorable for apparel and strong brands.</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>Toplines Before US Market Open on Wednesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-14 20:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock index futures edged higher on Wednesday helped by a rise in mega-cap technology stocks, as investors awaited Federal Reserve chair Jerome Powell’s testimony and more earnings reports from big banks poured in.</p>\n<p>At 8:15 a.m. ET, Dow E-minis were up 14 points, or 0.04%, S&amp;P 500 E-minis were ip 7 points, or 0.16% and Nasdaq 100 E-minis were up 71.5 points, or 0.48%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d2dd0a9be59a9a9882326fc2d652dcd\" tg-width=\"799\" tg-height=\"248\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:15</span></p>\n<p>Powell is set to appear before Congress on Wednesday and Thursday, and many will be watching for signs if the central bank would alter its stance on rising consumer prices, which it has said are transitory and may begin unwinding its easy-money policies sooner than expected.</p>\n<p>Data on Tuesday indicated U.S. consumer prices rose by the most in 13 years last month, pulling the S&amp;P 500 and the Nasdaq from intraday record highs, and taking shine off strong earnings from JPMorgan Chase &amp; Co and Goldman Sachs Group Inc that kicked off the quarterly reporting season.</p>\n<p>Wall Street has been sensitive to rising inflation, with market participants fearing that a potential hawkish shift by the central bank amid a rise in new coronavirus infections could wobble stocks after a record rally from the pandemic lows last year.</p>\n<p>Meanwhile, President Joe Biden’s drive for big new infrastructure investment got a boost on Tuesday when leading Senate Democrats agreed on a $3.5 trillion investment plan they aim to include in a budget resolution to be debated soon.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><b><a href=\"https://laohu8.com/S/BAC\">Bank of America</a></b> – Bank of America shares slid 2.2% in the premarket after it reported a quarterly profit of $1.03 per share, including a one-time tax benefit. The consensus estimate was 77 cents. The bank's revenue came in below Wall Street forecasts and it also reported higher expenses.</p>\n<p><b><a href=\"https://laohu8.com/S/BLK\">BlackRock</a> </b>– The asset management firm reported an adjusted quarterly profit of $10.03 per share, beating the consensus estimate of $9.46, while revenue was also above Wall Street forecasts. Assets under management surged to a record $9.49 trillion during the quarter. Despite the beat, BlackRock fell 1.4% in premarket action.</p>\n<p><b><a href=\"https://laohu8.com/S/DAL\">Delta Air Lines</a></b> – Delta lost $1.07 per share for the second quarter, less than the $1.38 per share loss that analysts were anticipating. Revenue topped forecasts, with Delta noting accelerated customer demand and a \"solid\" pretax profit for the month of June. Delta gained 2.6% in premarket action.</p>\n<p><b><a href=\"https://laohu8.com/S/PTON\">Peloton Interactive, Inc.</a> </b>– Pelton shares fell 2.2% in the premarket after Wedbush Securities downgraded the fitness equipment maker's stock to \"neutral\" from \"outperform\". Wedbush points out that consumers now have a growing number of workout alternatives, as well as the post-pandemic option of out-of-home workouts.</p>\n<p><b><a href=\"https://laohu8.com/S/AAL\">American Airlines</a> </b>– American expects to report positive cash flow for the second quarter, the first time that's happened since the pandemic began. At the height of the global travel shutdown, American was burning about $100 million per day in cash. American shares jumped 2.9% in premarket trading.</p>\n<p><b><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a></b> – The chipmaker is no longer in talks to buy software company SAS Institute, according to people familiar with the matter who spoke to the Wall Street Journal. The end of the discussions reportedly came after SAS co-founders Jim Goodnight and John Sall changed their minds about possibly selling the company.</p>\n<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> </b> – Apple is asking suppliers to build as many as 90 million next-generation iPhones, according to people with knowledge of the matter who spoke to Bloomberg. That would represent an up to 20% increase over 2020 levels. Apple rose 1.8% in the premarket.</p>\n<p><b><a href=\"https://laohu8.com/S/EBAY\">eBay</a> </b>– eBay agreed to sell part of its stake in Norway'sAdevintato satisfy a demand from Austrian competition regulators. Austria wanted eBay to cut its stake to no more than 33%, in order to give its approval for a tie-up between the classified ad businesses of the two companies. EBay will sell a 10.2% Adevinta stake to private equity firm Permira for $2.25 billion.</p>\n<p><b><a href=\"https://laohu8.com/S/LB\">L Brands Inc</a></b> – L Brands raised its fiscal second-quarter earnings guidance, thanks to better-than-expected profit margins and improved sales at its Victoria's Secret and Bath &amp; Body Works units. Separately, L Brands filed to sell 20 million shares held by founder Leslie Wexner and affiliated stockholders. The company will not receive any proceeds from the sale. L Brands fell 2.1% in the premarket.</p>\n<p><b><a href=\"https://laohu8.com/S/JEF\">Jefferies Financial Group Inc.</a></b> – Japan'sSumitomo Mitsui Financial Groupis considering buying a 5% stake in Jefferies for about $380 million, according to multiple reports. Sumitomo did acknowledge it was considering a financial alliance with Jefferies and would announce further details once they are worked out. Jefferies shares rallied 3.5% in premarket trading.</p>\n<p><b><a href=\"https://laohu8.com/S/LULU\">Lululemon Athletica</a></b> – The apparel maker's shares rose 1.1% in the premarket after Goldman initiated coverage with a \"buy\" rating and inclusion on the firm's \"Conviction Buy\" list. Goldman said the post-Covid recovery period has been favorable for apparel and strong brands.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109107054","content_text":"U.S. stock index futures edged higher on Wednesday helped by a rise in mega-cap technology stocks, as investors awaited Federal Reserve chair Jerome Powell’s testimony and more earnings reports from big banks poured in.\nAt 8:15 a.m. ET, Dow E-minis were up 14 points, or 0.04%, S&P 500 E-minis were ip 7 points, or 0.16% and Nasdaq 100 E-minis were up 71.5 points, or 0.48%.\n*Source From Tiger Trade, EST 08:15\nPowell is set to appear before Congress on Wednesday and Thursday, and many will be watching for signs if the central bank would alter its stance on rising consumer prices, which it has said are transitory and may begin unwinding its easy-money policies sooner than expected.\nData on Tuesday indicated U.S. consumer prices rose by the most in 13 years last month, pulling the S&P 500 and the Nasdaq from intraday record highs, and taking shine off strong earnings from JPMorgan Chase & Co and Goldman Sachs Group Inc that kicked off the quarterly reporting season.\nWall Street has been sensitive to rising inflation, with market participants fearing that a potential hawkish shift by the central bank amid a rise in new coronavirus infections could wobble stocks after a record rally from the pandemic lows last year.\nMeanwhile, President Joe Biden’s drive for big new infrastructure investment got a boost on Tuesday when leading Senate Democrats agreed on a $3.5 trillion investment plan they aim to include in a budget resolution to be debated soon.\nStocks making the biggest moves in the premarket:\nBank of America – Bank of America shares slid 2.2% in the premarket after it reported a quarterly profit of $1.03 per share, including a one-time tax benefit. The consensus estimate was 77 cents. The bank's revenue came in below Wall Street forecasts and it also reported higher expenses.\nBlackRock – The asset management firm reported an adjusted quarterly profit of $10.03 per share, beating the consensus estimate of $9.46, while revenue was also above Wall Street forecasts. Assets under management surged to a record $9.49 trillion during the quarter. Despite the beat, BlackRock fell 1.4% in premarket action.\nDelta Air Lines – Delta lost $1.07 per share for the second quarter, less than the $1.38 per share loss that analysts were anticipating. Revenue topped forecasts, with Delta noting accelerated customer demand and a \"solid\" pretax profit for the month of June. Delta gained 2.6% in premarket action.\nPeloton Interactive, Inc. – Pelton shares fell 2.2% in the premarket after Wedbush Securities downgraded the fitness equipment maker's stock to \"neutral\" from \"outperform\". Wedbush points out that consumers now have a growing number of workout alternatives, as well as the post-pandemic option of out-of-home workouts.\nAmerican Airlines – American expects to report positive cash flow for the second quarter, the first time that's happened since the pandemic began. At the height of the global travel shutdown, American was burning about $100 million per day in cash. American shares jumped 2.9% in premarket trading.\nBroadcom – The chipmaker is no longer in talks to buy software company SAS Institute, according to people familiar with the matter who spoke to the Wall Street Journal. The end of the discussions reportedly came after SAS co-founders Jim Goodnight and John Sall changed their minds about possibly selling the company.\nApple  – Apple is asking suppliers to build as many as 90 million next-generation iPhones, according to people with knowledge of the matter who spoke to Bloomberg. That would represent an up to 20% increase over 2020 levels. Apple rose 1.8% in the premarket.\neBay – eBay agreed to sell part of its stake in Norway'sAdevintato satisfy a demand from Austrian competition regulators. Austria wanted eBay to cut its stake to no more than 33%, in order to give its approval for a tie-up between the classified ad businesses of the two companies. EBay will sell a 10.2% Adevinta stake to private equity firm Permira for $2.25 billion.\nL Brands Inc – L Brands raised its fiscal second-quarter earnings guidance, thanks to better-than-expected profit margins and improved sales at its Victoria's Secret and Bath & Body Works units. Separately, L Brands filed to sell 20 million shares held by founder Leslie Wexner and affiliated stockholders. The company will not receive any proceeds from the sale. L Brands fell 2.1% in the premarket.\nJefferies Financial Group Inc. – Japan'sSumitomo Mitsui Financial Groupis considering buying a 5% stake in Jefferies for about $380 million, according to multiple reports. Sumitomo did acknowledge it was considering a financial alliance with Jefferies and would announce further details once they are worked out. Jefferies shares rallied 3.5% in premarket trading.\nLululemon Athletica – The apparel maker's shares rose 1.1% in the premarket after Goldman initiated coverage with a \"buy\" rating and inclusion on the firm's \"Conviction Buy\" list. Goldman said the post-Covid recovery period has been favorable for apparel and strong brands.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144386614,"gmtCreate":1626268256438,"gmtModify":1633928476834,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144386614","repostId":"1137188160","repostType":4,"repost":{"id":"1137188160","kind":"news","pubTimestamp":1626263564,"share":"https://www.laohu8.com/m/news/1137188160?lang=&edition=full","pubTime":"2021-07-14 19:52","market":"us","language":"en","title":"Wedbush downgrades Peloton, says customer engagement falling with gyms reopened","url":"https://stock-news.laohu8.com/highlight/detail?id=1137188160","media":"CNBC","summary":"Peloton needs to prove it can grow in a post-pandemic world before the stock can beat the market aga","content":"<div>\n<p>Peloton needs to prove it can grow in a post-pandemic world before the stock can beat the market again, according to investment firm Wedbush.\nAnalyst James Hardiman downgraded the stock to neutral ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/peloton-stock-pton-wedbush-downgrade.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wedbush downgrades Peloton, says customer engagement falling with gyms reopened</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWedbush downgrades Peloton, says customer engagement falling with gyms reopened\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 19:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/14/peloton-stock-pton-wedbush-downgrade.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Peloton needs to prove it can grow in a post-pandemic world before the stock can beat the market again, according to investment firm Wedbush.\nAnalyst James Hardiman downgraded the stock to neutral ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/peloton-stock-pton-wedbush-downgrade.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/07/14/peloton-stock-pton-wedbush-downgrade.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1137188160","content_text":"Peloton needs to prove it can grow in a post-pandemic world before the stock can beat the market again, according to investment firm Wedbush.\nAnalyst James Hardiman downgraded the stock to neutral from outperform, saying in a note to clients on Wednesday that growth will be harder to come by for the exercise equipment company.\n“PTON is now embarking on the next leg of its growth story, one that in a post-pandemic era will require the company to generate its own momentum through savvy marketing and compelling new products,” the note said.\nThe stock was a big winner in 2020 as gyms across the United States were temporarily closed due to the pandemic, but shares have pulled back by more than 20% this year.\nWedbush’s research, including social media and internet search trends, suggest that Peloton is seeing a drop off in customer engagement.\n“In each case, the y/y growth in the June quarter has seen substantial deceleration, which should not be surprising given seasonal and reopening headwinds, but nonetheless would seem to mark a turning point for a company that has continually defied gravity since its IPO, and presents evidence that the law of large numbers is finally catching up,” the note said.\nThe investment firm cut its price target on Peloton to $115 per share from $130. The new target is 4% below where the stock closed on Tuesday.","news_type":1,"symbols_score_info":{"PTON":0.9}},"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144388793,"gmtCreate":1626268218612,"gmtModify":1633928477198,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144388793","repostId":"1107733003","repostType":4,"repost":{"id":"1107733003","kind":"news","pubTimestamp":1626267541,"share":"https://www.laohu8.com/m/news/1107733003?lang=&edition=full","pubTime":"2021-07-14 20:59","market":"us","language":"en","title":"Powell Says Achieving ‘Substantial Further Progress’ a Ways Off","url":"https://stock-news.laohu8.com/highlight/detail?id=1107733003","media":"Bloomberg","summary":" -- Federal Reserve Chair Jerome Powell said the U.S. economic recovery still hasn’t progressed enough to begin scaling back the central bank’s massive monthly asset purchases, while adding that inflation is likely to remain high in coming months before moderating.“At our June meeting, the committee discussed the economy’s progress toward our goals since we adopted our asset purchase guidance last December,” Powell said Wednesday in remarks prepared for delivery before the House Financial Servic","content":"<p>(Bloomberg) -- Federal Reserve Chair Jerome Powell said the U.S. economic recovery still hasn’t progressed enough to begin scaling back the central bank’s massive monthly asset purchases, while adding that inflation is likely to remain high in coming months before moderating.</p>\n<p>“At our June meeting, the committee discussed the economy’s progress toward our goals since we adopted our asset purchase guidance last December,” Powell said Wednesday in remarks prepared for delivery before the House Financial Services Committee. “While reaching the standard of ‘substantial further progress’ is still a ways off, participants expect that progress will continue.”</p>\n<p>The hearing to present the Fed’s semi-annual Monetary Policy Report to Congress is scheduled to begin at 12 p.m. Washington time. Powell addresses the Senate banking panel on Thursday.</p>\n<p>U.S. central bankers are providing aggressive support by holding interest rates near zero and buying $120 billion of bonds a month, even as the economy shows strong growth. Job gains have been solid and inflation has jumped, though officials say that’s due to temporary supply glitches as the economy reopens from the pandemic.</p>\n<p>Ten-year Treasuries held earlier gains with yields around 1.37% following the release of Powell’s remarks. U.S. stock futures were higher and the dollar softened.</p>\n<p>Critics say that ultra-easy monetary policy alongside massive government spending is overheating the economy. Government data released on Tuesday showed prices paid by U.S. consumers surged in June by the most since 2008 and were up 5.4% from the same month last year.</p>\n<p>‘Strong Demand’</p>\n<p>“Strong demand in sectors where production bottlenecks or other supply constraints have limited production has led to especially rapid price increases for some goods and services, which should partially reverse as the effects of the bottlenecks unwind,” Powell said. “Prices for services that were hard hit by the pandemic have also jumped in recent months as demand for these services has surged with the reopening of the economy.”</p>\n<p>Powell noted that asset prices and risk appetite have risen while downplaying any near-term risks to the economy from financial markets.</p>\n<p>“Household balance sheets are, on average, quite strong, business leverage has been declining from high levels, and the institutions at the core of the financial system remain resilient,” he said.</p>\n<p>Powell’s remarks before Congress this week are his last semi-annual testimony before President Joe Biden decides whether to give him another four years at the Fed helm or pick someone else. Powell’s tenure as chair expires in February.</p>\n<p>The Fed’s policy patience is part of a new framework it announced nearly a year ago that pledged to achieve an average of 2% inflation over time and not pre-judge the level of maximum employment. Fed officials in June started a conversation about when to begin scaling back their asset purchases.</p>\n<p>Forecasts released by Fed officials last month also showed them pulling the timing of interest rate liftoff forward, with two increases penciled in for 2023, a move that pushed some market measures of inflation expectations lower.</p>\n<p>“Measures of longer-term inflation expectations have moved up from their pandemic lows and are in a range that is broadly consistent with the FOMC’s longer-run inflation goal,” Powell said, referring to the rate-setting Federal Open Market Committee.</p>\n<p>Fed officials last month signaled their view of risk and uncertainty around inflation had risen, according to their forecasts.</p>\n<p>Powell emphasized in his prepared remarks that the labor market recovery was still far from complete.</p>\n<p>“Conditions in the labor market have continued to improve, but there is still a long way to go,” “Powell said. “Job gains should be strong in coming months as public health conditions continue to improve and as some of the other pandemic-related factors currently weighing them down diminish.”</p>\n<p>He added that despite “substantial improvements” for racial and ethnic groups, “the hardest-hit groups still have the most ground left to regain.”</p>\n<p>The U.S. economy added 850,000 jobs in June, the biggest monthly increase since August. Still, broader measures of labor-market slack indicate it is still short of the Fed’s mandate of maximum employment. The jobless rate for Black workers stood at 9.2% compared to 6% in February 2020.</p>\n<p>The overall unemployment rate has fallen to 5.9% from a pandemic peak of 14.8% with high rates of churn in industries facing strong demand such as retail and hospitality. Prior to the pandemic, the unemployment rate stood at 3.5% in February 2020 while the 12-month change in inflation was 1.8%, according to the Fed’s preferred measure, the personal consumption expenditures price index.</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>Powell Says Achieving ‘Substantial Further Progress’ a Ways Off</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell Says Achieving ‘Substantial Further Progress’ a Ways Off\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 20:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/powell-says-achieving-substantial-further-124307446.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Federal Reserve Chair Jerome Powell said the U.S. economic recovery still hasn’t progressed enough to begin scaling back the central bank’s massive monthly asset purchases, while adding...</p>\n\n<a href=\"https://finance.yahoo.com/news/powell-says-achieving-substantial-further-124307446.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/powell-says-achieving-substantial-further-124307446.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107733003","content_text":"(Bloomberg) -- Federal Reserve Chair Jerome Powell said the U.S. economic recovery still hasn’t progressed enough to begin scaling back the central bank’s massive monthly asset purchases, while adding that inflation is likely to remain high in coming months before moderating.\n“At our June meeting, the committee discussed the economy’s progress toward our goals since we adopted our asset purchase guidance last December,” Powell said Wednesday in remarks prepared for delivery before the House Financial Services Committee. “While reaching the standard of ‘substantial further progress’ is still a ways off, participants expect that progress will continue.”\nThe hearing to present the Fed’s semi-annual Monetary Policy Report to Congress is scheduled to begin at 12 p.m. Washington time. Powell addresses the Senate banking panel on Thursday.\nU.S. central bankers are providing aggressive support by holding interest rates near zero and buying $120 billion of bonds a month, even as the economy shows strong growth. Job gains have been solid and inflation has jumped, though officials say that’s due to temporary supply glitches as the economy reopens from the pandemic.\nTen-year Treasuries held earlier gains with yields around 1.37% following the release of Powell’s remarks. U.S. stock futures were higher and the dollar softened.\nCritics say that ultra-easy monetary policy alongside massive government spending is overheating the economy. Government data released on Tuesday showed prices paid by U.S. consumers surged in June by the most since 2008 and were up 5.4% from the same month last year.\n‘Strong Demand’\n“Strong demand in sectors where production bottlenecks or other supply constraints have limited production has led to especially rapid price increases for some goods and services, which should partially reverse as the effects of the bottlenecks unwind,” Powell said. “Prices for services that were hard hit by the pandemic have also jumped in recent months as demand for these services has surged with the reopening of the economy.”\nPowell noted that asset prices and risk appetite have risen while downplaying any near-term risks to the economy from financial markets.\n“Household balance sheets are, on average, quite strong, business leverage has been declining from high levels, and the institutions at the core of the financial system remain resilient,” he said.\nPowell’s remarks before Congress this week are his last semi-annual testimony before President Joe Biden decides whether to give him another four years at the Fed helm or pick someone else. Powell’s tenure as chair expires in February.\nThe Fed’s policy patience is part of a new framework it announced nearly a year ago that pledged to achieve an average of 2% inflation over time and not pre-judge the level of maximum employment. Fed officials in June started a conversation about when to begin scaling back their asset purchases.\nForecasts released by Fed officials last month also showed them pulling the timing of interest rate liftoff forward, with two increases penciled in for 2023, a move that pushed some market measures of inflation expectations lower.\n“Measures of longer-term inflation expectations have moved up from their pandemic lows and are in a range that is broadly consistent with the FOMC’s longer-run inflation goal,” Powell said, referring to the rate-setting Federal Open Market Committee.\nFed officials last month signaled their view of risk and uncertainty around inflation had risen, according to their forecasts.\nPowell emphasized in his prepared remarks that the labor market recovery was still far from complete.\n“Conditions in the labor market have continued to improve, but there is still a long way to go,” “Powell said. “Job gains should be strong in coming months as public health conditions continue to improve and as some of the other pandemic-related factors currently weighing them down diminish.”\nHe added that despite “substantial improvements” for racial and ethnic groups, “the hardest-hit groups still have the most ground left to regain.”\nThe U.S. economy added 850,000 jobs in June, the biggest monthly increase since August. Still, broader measures of labor-market slack indicate it is still short of the Fed’s mandate of maximum employment. The jobless rate for Black workers stood at 9.2% compared to 6% in February 2020.\nThe overall unemployment rate has fallen to 5.9% from a pandemic peak of 14.8% with high rates of churn in industries facing strong demand such as retail and hospitality. Prior to the pandemic, the unemployment rate stood at 3.5% in February 2020 while the 12-month change in inflation was 1.8%, according to the Fed’s preferred measure, the personal consumption expenditures price index.","news_type":1,"symbols_score_info":{".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158360456,"gmtCreate":1625130032575,"gmtModify":1633944472436,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"🚀🚀🚀🚀","listText":"🚀🚀🚀🚀","text":"🚀🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158360456","repostId":"2148429138","repostType":2,"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153553584,"gmtCreate":1625037605448,"gmtModify":1633945570893,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/153553584","repostId":"1110936297","repostType":2,"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153523066,"gmtCreate":1625036681355,"gmtModify":1633945577209,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"Go go go","listText":"Go go go","text":"Go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/153523066","repostId":"1122418477","repostType":4,"repost":{"id":"1122418477","kind":"news","pubTimestamp":1625008161,"share":"https://www.laohu8.com/m/news/1122418477?lang=&edition=full","pubTime":"2021-06-30 07:09","market":"us","language":"en","title":"Tech stocks propel S&P 500, Nasdaq to fresh highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1122418477","media":"CNBC","summary":"The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.The broad market index ticked up less than 0.1% to 4,291.80, good enough for its fourth-straight record close. The Dow Jones Industrial Average finished with a gain of about 9 points after being up more than 100 points earlier in the session, closing at 34,292.29. The tech-heavy Nasdaq Composite added ab","content":"<div>\n<p>The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks propel S&P 500, Nasdaq to fresh highs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech stocks propel S&P 500, Nasdaq to fresh highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 07:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","AMD":"美国超微公司","SWKS":"思佳讯"},"source_url":"https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1122418477","content_text":"The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.\nThe broad market index ticked up less than 0.1% to 4,291.80, good enough for its fourth-straight record close. The Dow Jones Industrial Average finished with a gain of about 9 points after being up more than 100 points earlier in the session, closing at 34,292.29. The tech-heavy Nasdaq Composite added about 0.2% for its own record of 14,528.33.\nHomebuilder stocks moved higher after S&P Case-Shiller saidhome prices rose more than 14% in Aprilcompared to the prior year. Five U.S. cities, including Seattle, saw their largest annual increase on record. Shares of PulteGroup rose 2%.\nSemiconductor stocks gained strength later in the session, with Skyworks and Advanced Micro Devices climbing 4.5% and 2.8%, respectively. General Electric boosted the industrials sector, rising over 1% afterGoldman Sachs named the stock a top idea.\nThe market has churned out a series of record highs in recent weeks, but the gains have been relatively modest and some strategists have pointed to weak market breadth, measured by the performance of the average stock and the number of individual names making new highs, as a potential area of concern.\nOn Tuesday, there were slightly more declining stocks in the S&P 500 than those that rose during the session.\nHowever, the diminished breadth and volatility could simply be a natural pause during the summer months ahead of the busy earnings season in July, said Bill McMahon, the chief investment officer for active equity strategies at Charles Schwab Investment Management.\n\"I think people are in a little bit of a wait-and-see mode, so it's not surprising to see volatility decline and breadth worsen a tad,\" McMahon said, adding that concern about the spreading Delta variant of Covid-19 could also be weighing on stocks.\nShares of Morgan Stanley jumped more than 3% after the bank said it willdouble its quarterly dividend. The bank also announced a $12 billion stock buyback program. The announcement follows last week's stress tests by the Federal Reserve, which all 23 major banks passed. However, some other bank stocks gave up early gains and weighed on the broader indexes despite increasing their own payout plans.\nThe Conference Board's consumer confidence reading for June came in higher than expected, adding to the bullish readings about the economic recovery.\nWith the market entering the final trading days of June and the second quarter, the S&P 500 is on track to register its fifth straight month of gains. The Nasdaq is pacing for its seventh positive month in the last eight. The Dow, however, is in the red for the month, and on track to snap a four-month winning streak.\nSo far in 2021, the S&P 500 has added 14%, while the Nasdaq has added more than 12% with the Dow close behind.\nJPMorgan quantitative strategist Dubravkos Lakos-Bujas said on CNBC's \"Squawk Box\" that the market appeared to have near-term upside.\n\"The growth policy backdrop in our opinion still remains supportive for risk assets in general, certainly including equities. At the same time, the positioning is not really stretched to where we are in a problematic territory. So we do think there is still a runway. ... The summer period, the next two months, is where I think the market continues to break out,\" the strategist said.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"AMD":0.9,"SWKS":0.9}},"isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159790547,"gmtCreate":1624979007389,"gmtModify":1633946227206,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/159790547","repostId":"2147343850","repostType":4,"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126841866,"gmtCreate":1624552982855,"gmtModify":1634004413155,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a><a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>to the 🌙&nbsp;","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a><a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>to the 🌙&nbsp;","text":"$Tesla Motors(TSLA)$$Tesla Motors(TSLA)$to the 🌙","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126841866","isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126843241,"gmtCreate":1624552902783,"gmtModify":1634004414077,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"Most likely","listText":"Most likely","text":"Most likely","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126843241","repostId":"1198422658","repostType":4,"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":173719740,"gmtCreate":1626686010380,"gmtModify":1631889576806,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/173719740","repostId":"1111084715","repostType":4,"isVote":1,"tweetType":1,"viewCount":1123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153523066,"gmtCreate":1625036681355,"gmtModify":1633945577209,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"Go go go","listText":"Go go go","text":"Go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/153523066","repostId":"1122418477","repostType":4,"repost":{"id":"1122418477","kind":"news","pubTimestamp":1625008161,"share":"https://www.laohu8.com/m/news/1122418477?lang=&edition=full","pubTime":"2021-06-30 07:09","market":"us","language":"en","title":"Tech stocks propel S&P 500, Nasdaq to fresh highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1122418477","media":"CNBC","summary":"The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.The broad market index ticked up less than 0.1% to 4,291.80, good enough for its fourth-straight record close. The Dow Jones Industrial Average finished with a gain of about 9 points after being up more than 100 points earlier in the session, closing at 34,292.29. The tech-heavy Nasdaq Composite added ab","content":"<div>\n<p>The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks propel S&P 500, Nasdaq to fresh highs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech stocks propel S&P 500, Nasdaq to fresh highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 07:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","AMD":"美国超微公司","SWKS":"思佳讯"},"source_url":"https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1122418477","content_text":"The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.\nThe broad market index ticked up less than 0.1% to 4,291.80, good enough for its fourth-straight record close. The Dow Jones Industrial Average finished with a gain of about 9 points after being up more than 100 points earlier in the session, closing at 34,292.29. The tech-heavy Nasdaq Composite added about 0.2% for its own record of 14,528.33.\nHomebuilder stocks moved higher after S&P Case-Shiller saidhome prices rose more than 14% in Aprilcompared to the prior year. Five U.S. cities, including Seattle, saw their largest annual increase on record. Shares of PulteGroup rose 2%.\nSemiconductor stocks gained strength later in the session, with Skyworks and Advanced Micro Devices climbing 4.5% and 2.8%, respectively. General Electric boosted the industrials sector, rising over 1% afterGoldman Sachs named the stock a top idea.\nThe market has churned out a series of record highs in recent weeks, but the gains have been relatively modest and some strategists have pointed to weak market breadth, measured by the performance of the average stock and the number of individual names making new highs, as a potential area of concern.\nOn Tuesday, there were slightly more declining stocks in the S&P 500 than those that rose during the session.\nHowever, the diminished breadth and volatility could simply be a natural pause during the summer months ahead of the busy earnings season in July, said Bill McMahon, the chief investment officer for active equity strategies at Charles Schwab Investment Management.\n\"I think people are in a little bit of a wait-and-see mode, so it's not surprising to see volatility decline and breadth worsen a tad,\" McMahon said, adding that concern about the spreading Delta variant of Covid-19 could also be weighing on stocks.\nShares of Morgan Stanley jumped more than 3% after the bank said it willdouble its quarterly dividend. The bank also announced a $12 billion stock buyback program. The announcement follows last week's stress tests by the Federal Reserve, which all 23 major banks passed. However, some other bank stocks gave up early gains and weighed on the broader indexes despite increasing their own payout plans.\nThe Conference Board's consumer confidence reading for June came in higher than expected, adding to the bullish readings about the economic recovery.\nWith the market entering the final trading days of June and the second quarter, the S&P 500 is on track to register its fifth straight month of gains. The Nasdaq is pacing for its seventh positive month in the last eight. The Dow, however, is in the red for the month, and on track to snap a four-month winning streak.\nSo far in 2021, the S&P 500 has added 14%, while the Nasdaq has added more than 12% with the Dow close behind.\nJPMorgan quantitative strategist Dubravkos Lakos-Bujas said on CNBC's \"Squawk Box\" that the market appeared to have near-term upside.\n\"The growth policy backdrop in our opinion still remains supportive for risk assets in general, certainly including equities. At the same time, the positioning is not really stretched to where we are in a problematic territory. So we do think there is still a runway. ... The summer period, the next two months, is where I think the market continues to break out,\" the strategist said.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"AMD":0.9,"SWKS":0.9}},"isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802189500,"gmtCreate":1627733231700,"gmtModify":1631889576780,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/802189500","repostId":"2155001152","repostType":4,"isVote":1,"tweetType":1,"viewCount":996,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807357517,"gmtCreate":1628002233239,"gmtModify":1631889576744,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"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/807357517","repostId":"2156473129","repostType":4,"isVote":1,"tweetType":1,"viewCount":1155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144621701,"gmtCreate":1626282215403,"gmtModify":1633928270698,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/144621701","repostId":"1181513394","repostType":4,"repost":{"id":"1181513394","kind":"news","pubTimestamp":1626276027,"share":"https://www.laohu8.com/m/news/1181513394?lang=&edition=full","pubTime":"2021-07-14 23:20","market":"fut","language":"en","title":"OPEC reportedly reaches compromise on oil production after dispute with UAE","url":"https://stock-news.laohu8.com/highlight/detail?id=1181513394","media":"CNBC","summary":"DUBAI, United Arab Emirates — The Organization of Petroleum Exporting Countries on Wednesday arrived","content":"<div>\n<p>DUBAI, United Arab Emirates — The Organization of Petroleum Exporting Countries on Wednesday arrived at a deal after a nearly two-week standoff over its future oil production levels, according to ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/opec-reportedly-reaches-compromise-on-oil-production-after-dispute-with-uae.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OPEC reportedly reaches compromise on oil production after dispute with UAE</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOPEC reportedly reaches compromise on oil production after dispute with UAE\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/14/opec-reportedly-reaches-compromise-on-oil-production-after-dispute-with-uae.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DUBAI, United Arab Emirates — The Organization of Petroleum Exporting Countries on Wednesday arrived at a deal after a nearly two-week standoff over its future oil production levels, according to ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/opec-reportedly-reaches-compromise-on-oil-production-after-dispute-with-uae.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚"},"source_url":"https://www.cnbc.com/2021/07/14/opec-reportedly-reaches-compromise-on-oil-production-after-dispute-with-uae.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1181513394","content_text":"DUBAI, United Arab Emirates — The Organization of Petroleum Exporting Countries on Wednesday arrived at a deal after a nearly two-week standoff over its future oil production levels, according to reports by theWall Street JournalandReuters.\nThe temporary but unprecedented gridlock that began in early July saw the United Arab Emirates reject a coordinated oil production plan for the group spearheaded by its kingpin, Saudi Arabia.\nAbu Dhabi had demanded that its own \"baseline\" for crude production — the maximum volume it's recognized by OPEC as being able to produce — be raised because this figure then determines the size of production cuts and quotas it must follow as per the group's output agreements. Members cut the same percentage from their baseline, so having a higher baseline would allow the UAE a greater production quota.\nThe UAE initially called for its baseline to be raised from 3.2 million barrels a day to 3.8 million barrels a day. According to sources cited by the Wall Street Journal, the compromise reached between Saudi Arabia and its smaller neighbor will raise the UAE's baseline to 3.65 million barrels per day from April 2022. The reports have not been officially confirmed, and OPEC and the Saudi energy ministry did not reply to CNBC requests for comment.\nThe initial agreement supported by most OPEC delegates set out a plan for the group to collectively bring production up to 400,000 barrels of crude per day monthly through to the end of 2022. This would end the remaining limits that were set in the spring of 2020, as economic recovery and growing demand for oil have broughtcrude prices up to their highest level since late 2018.","news_type":1,"symbols_score_info":{"XOM":0.9}},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896778288,"gmtCreate":1628607811844,"gmtModify":1631889576706,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/896778288","repostId":"2158477942","repostType":4,"repost":{"id":"2158477942","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628607286,"share":"https://www.laohu8.com/m/news/2158477942?lang=&edition=full","pubTime":"2021-08-10 22:54","market":"us","language":"en","title":"II-VI Stock Falls After Q4 Results, Notes Gross Margin Pressure","url":"https://stock-news.laohu8.com/highlight/detail?id=2158477942","media":"Benzinga","summary":"\n","content":"<ul>\n <li><b><a href=\"https://laohu8.com/S/IIVI\">II-VI Inc</a></b>&nbsp;(NASDAQ:IIVI)&nbsp;reported fourth-quarter&nbsp;FY21 revenue growth of 8.3% year-on-year to $808 million, beating the analyst consensus of $783.33 million.</li>\n <li><b>Segments:&nbsp;</b>Photonic Solutions revenue increased 6.3% Y/Y to $549.7 million. Revenue from Compound Semiconductors rose 12.8% Y/Y to $258.3 million.</li>\n <li><b>Margins:&nbsp;</b>The non-GAAP gross margin contracted 370 bps to 38.6% as the costs rose 12.7% Y/Y.</li>\n <li>The non-GAAP operating margin expanded 170 bps to 18.4% as the expenses declined 18% Y/Y.</li>\n <li>Non-GAAP operating margin for Compound Semiconductors expanded 810 bps to 23.7%, while contracted 130 bps to 15.9% for Photonic Solutions segment.</li>\n <li>Non-GAAP EPS of $0.88 beat the analyst consensus of $0.76.</li>\n <li>II-VI held $1.6 billion in cash and equivalents as of June 30, 2021, and generated $574.4 million in operating cash flow during FY21.</li>\n <li>The Q4 revenue exceeded the top end of II-VI's guidance with a book-to-bill ratio of 1.14.</li>\n <li>In communications, FY21 revenue improved 11%, driven by 100, 200, 400G datacom transceivers and coherent optics.</li>\n <li>II-VI's life sciences revenue grew by 65% Y/Y in support of COVID and other diagnostic testing.</li>\n <li>II-VI expects the pending acquisition of&nbsp;<b><a href=\"https://laohu8.com/S/COHR\">Coherent</a> Inc&nbsp;</b>(NASDAQ:COHR)<b>&nbsp;</b>to close during the first calendar quarter of 2022.</li>\n <li><b>Outlook:&nbsp;</b>II-VI sees Q1 FY22 revenue of $780 million - $830 million compared to the analyst consensus of $804.04 million.</li>\n <li>It forecasts a non-GAAP EPS of $0.75 - $0.90 versus the analyst consensus of $0.90.</li>\n <li><b>Price action:</b>&nbsp;IIVI shares traded lower by 5.30% at $64.26 on the last check Tuesday.</li>\n</ul>","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>II-VI Stock Falls After Q4 Results, Notes Gross Margin Pressure</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nII-VI Stock Falls After Q4 Results, Notes Gross Margin Pressure\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-10 22:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/IIVI\">II-VI Inc</a></b>&nbsp;(NASDAQ:IIVI)&nbsp;reported fourth-quarter&nbsp;FY21 revenue growth of 8.3% year-on-year to $808 million, beating the analyst consensus of $783.33 million.</li>\n <li><b>Segments:&nbsp;</b>Photonic Solutions revenue increased 6.3% Y/Y to $549.7 million. Revenue from Compound Semiconductors rose 12.8% Y/Y to $258.3 million.</li>\n <li><b>Margins:&nbsp;</b>The non-GAAP gross margin contracted 370 bps to 38.6% as the costs rose 12.7% Y/Y.</li>\n <li>The non-GAAP operating margin expanded 170 bps to 18.4% as the expenses declined 18% Y/Y.</li>\n <li>Non-GAAP operating margin for Compound Semiconductors expanded 810 bps to 23.7%, while contracted 130 bps to 15.9% for Photonic Solutions segment.</li>\n <li>Non-GAAP EPS of $0.88 beat the analyst consensus of $0.76.</li>\n <li>II-VI held $1.6 billion in cash and equivalents as of June 30, 2021, and generated $574.4 million in operating cash flow during FY21.</li>\n <li>The Q4 revenue exceeded the top end of II-VI's guidance with a book-to-bill ratio of 1.14.</li>\n <li>In communications, FY21 revenue improved 11%, driven by 100, 200, 400G datacom transceivers and coherent optics.</li>\n <li>II-VI's life sciences revenue grew by 65% Y/Y in support of COVID and other diagnostic testing.</li>\n <li>II-VI expects the pending acquisition of&nbsp;<b><a href=\"https://laohu8.com/S/COHR\">Coherent</a> Inc&nbsp;</b>(NASDAQ:COHR)<b>&nbsp;</b>to close during the first calendar quarter of 2022.</li>\n <li><b>Outlook:&nbsp;</b>II-VI sees Q1 FY22 revenue of $780 million - $830 million compared to the analyst consensus of $804.04 million.</li>\n <li>It forecasts a non-GAAP EPS of $0.75 - $0.90 versus the analyst consensus of $0.90.</li>\n <li><b>Price action:</b>&nbsp;IIVI shares traded lower by 5.30% at $64.26 on the last check Tuesday.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158477942","content_text":"II-VI Inc (NASDAQ:IIVI) reported fourth-quarter FY21 revenue growth of 8.3% year-on-year to $808 million, beating the analyst consensus of $783.33 million.\nSegments: Photonic Solutions revenue increased 6.3% Y/Y to $549.7 million. Revenue from Compound Semiconductors rose 12.8% Y/Y to $258.3 million.\nMargins: The non-GAAP gross margin contracted 370 bps to 38.6% as the costs rose 12.7% Y/Y.\nThe non-GAAP operating margin expanded 170 bps to 18.4% as the expenses declined 18% Y/Y.\nNon-GAAP operating margin for Compound Semiconductors expanded 810 bps to 23.7%, while contracted 130 bps to 15.9% for Photonic Solutions segment.\nNon-GAAP EPS of $0.88 beat the analyst consensus of $0.76.\nII-VI held $1.6 billion in cash and equivalents as of June 30, 2021, and generated $574.4 million in operating cash flow during FY21.\nThe Q4 revenue exceeded the top end of II-VI's guidance with a book-to-bill ratio of 1.14.\nIn communications, FY21 revenue improved 11%, driven by 100, 200, 400G datacom transceivers and coherent optics.\nII-VI's life sciences revenue grew by 65% Y/Y in support of COVID and other diagnostic testing.\nII-VI expects the pending acquisition of Coherent Inc (NASDAQ:COHR) to close during the first calendar quarter of 2022.\nOutlook: II-VI sees Q1 FY22 revenue of $780 million - $830 million compared to the analyst consensus of $804.04 million.\nIt forecasts a non-GAAP EPS of $0.75 - $0.90 versus the analyst consensus of $0.90.\nPrice action: IIVI shares traded lower by 5.30% at $64.26 on the last check 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bullish","listText":"Still bullish","text":"Still bullish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167680394","repostId":"1149553617","repostType":4,"repost":{"id":"1149553617","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":1624263578,"share":"https://www.laohu8.com/m/news/1149553617?lang=&edition=full","pubTime":"2021-06-21 16:19","market":"us","language":"en","title":"Blockchain stocks dipped in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1149553617","media":"Tiger Newspress","summary":"(June 21) Bitcoin (BTC-USD) started the week in bear mode, Last Wednesday, the Fed's surprise hawkis","content":"<p>(June 21)&nbsp;Bitcoin (BTC-USD) started the week in bear mode,&nbsp;Last Wednesday,&nbsp;the Fed's surprise hawkish turn . St. Louis Fed boss Jim Bullard this morning added to things &nbsp;Last Friday morning,&nbsp;saying he believes the first rate hike will come late in 2022.</p>\n<p><img src=\"https://static.tigerbbs.com/d123707a69b0e6ba950ac413cd757015\" tg-width=\"1075\" tg-height=\"786\" referrerpolicy=\"no-referrer\"></p>\n<p>While that's still a long way off, Fed thinking has clearly gone from continuing to pump the recovery, to caution about overheating. It's hitting risk assets of all sorts, including bitcoin, now&nbsp;down about 6.5%&nbsp;on the session, and barely above $33K.</p>\n<p>Blockchain-related players: Microstrategy (MSTR-5.95%), Riot Blockchain (RIOT-5.53%), Marathon Patent (MARA-5.29%), Canaan (CAN-4.30%)</p>\n<p><img src=\"https://static.tigerbbs.com/507c43db5da2929250ca3af23986a198\" tg-width=\"308\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p>\n<p>Getting away from price action, adoption continues to grow, with Goldman Sachs this morning hooking up with alumnus Mike Novogratz's Galaxy Digitalto ramp up bitcoin trading offerings for its roster of institutional clients.</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>Blockchain stocks dipped in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlockchain stocks dipped in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-21 16:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 21)&nbsp;Bitcoin (BTC-USD) started the week in bear mode,&nbsp;Last Wednesday,&nbsp;the Fed's surprise hawkish turn . St. Louis Fed boss Jim Bullard this morning added to things &nbsp;Last Friday morning,&nbsp;saying he believes the first rate hike will come late in 2022.</p>\n<p><img src=\"https://static.tigerbbs.com/d123707a69b0e6ba950ac413cd757015\" tg-width=\"1075\" tg-height=\"786\" referrerpolicy=\"no-referrer\"></p>\n<p>While that's still a long way off, Fed thinking has clearly gone from continuing to pump the recovery, to caution about overheating. It's hitting risk assets of all sorts, including bitcoin, now&nbsp;down about 6.5%&nbsp;on the session, and barely above $33K.</p>\n<p>Blockchain-related players: Microstrategy (MSTR-5.95%), Riot Blockchain (RIOT-5.53%), Marathon Patent (MARA-5.29%), Canaan (CAN-4.30%)</p>\n<p><img src=\"https://static.tigerbbs.com/507c43db5da2929250ca3af23986a198\" tg-width=\"308\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p>\n<p>Getting away from price action, adoption continues to grow, with Goldman Sachs this morning hooking up with alumnus Mike Novogratz's Galaxy Digitalto ramp up bitcoin trading offerings for its roster of institutional clients.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARA":"MARA Holdings","NCTY":"第九城市","RIOT":"Riot Platforms","EBON":"亿邦国际","BTBT":"Bit Digital, Inc.","MSTR":"Strategy","CAN":"嘉楠科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149553617","content_text":"(June 21) Bitcoin (BTC-USD) started the week in bear mode, Last Wednesday, the Fed's surprise hawkish turn . St. Louis Fed boss Jim Bullard this morning added to things  Last Friday morning, saying he believes the first rate hike will come late in 2022.\n\nWhile that's still a long way off, Fed thinking has clearly gone from continuing to pump the recovery, to caution about overheating. It's hitting risk assets of all sorts, including bitcoin, now down about 6.5% on the session, and barely above $33K.\nBlockchain-related players: Microstrategy (MSTR-5.95%), Riot Blockchain (RIOT-5.53%), Marathon Patent (MARA-5.29%), Canaan (CAN-4.30%)\n\nGetting away from price action, adoption continues to grow, with Goldman Sachs this morning hooking up with alumnus Mike Novogratz's Galaxy Digitalto ramp up bitcoin trading offerings for its roster of institutional clients.","news_type":1,"symbols_score_info":{"BTBT":0.9,"CAN":0.9,"EBON":0.9,"MARA":0.9,"MSTR":0.9,"NCTY":0.9,"RIOT":0.9}},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144388793,"gmtCreate":1626268218612,"gmtModify":1633928477198,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144388793","repostId":"1107733003","repostType":4,"repost":{"id":"1107733003","kind":"news","pubTimestamp":1626267541,"share":"https://www.laohu8.com/m/news/1107733003?lang=&edition=full","pubTime":"2021-07-14 20:59","market":"us","language":"en","title":"Powell Says Achieving ‘Substantial Further Progress’ a Ways Off","url":"https://stock-news.laohu8.com/highlight/detail?id=1107733003","media":"Bloomberg","summary":" -- Federal Reserve Chair Jerome Powell said the U.S. economic recovery still hasn’t progressed enough to begin scaling back the central bank’s massive monthly asset purchases, while adding that inflation is likely to remain high in coming months before moderating.“At our June meeting, the committee discussed the economy’s progress toward our goals since we adopted our asset purchase guidance last December,” Powell said Wednesday in remarks prepared for delivery before the House Financial Servic","content":"<p>(Bloomberg) -- Federal Reserve Chair Jerome Powell said the U.S. economic recovery still hasn’t progressed enough to begin scaling back the central bank’s massive monthly asset purchases, while adding that inflation is likely to remain high in coming months before moderating.</p>\n<p>“At our June meeting, the committee discussed the economy’s progress toward our goals since we adopted our asset purchase guidance last December,” Powell said Wednesday in remarks prepared for delivery before the House Financial Services Committee. “While reaching the standard of ‘substantial further progress’ is still a ways off, participants expect that progress will continue.”</p>\n<p>The hearing to present the Fed’s semi-annual Monetary Policy Report to Congress is scheduled to begin at 12 p.m. Washington time. Powell addresses the Senate banking panel on Thursday.</p>\n<p>U.S. central bankers are providing aggressive support by holding interest rates near zero and buying $120 billion of bonds a month, even as the economy shows strong growth. Job gains have been solid and inflation has jumped, though officials say that’s due to temporary supply glitches as the economy reopens from the pandemic.</p>\n<p>Ten-year Treasuries held earlier gains with yields around 1.37% following the release of Powell’s remarks. U.S. stock futures were higher and the dollar softened.</p>\n<p>Critics say that ultra-easy monetary policy alongside massive government spending is overheating the economy. Government data released on Tuesday showed prices paid by U.S. consumers surged in June by the most since 2008 and were up 5.4% from the same month last year.</p>\n<p>‘Strong Demand’</p>\n<p>“Strong demand in sectors where production bottlenecks or other supply constraints have limited production has led to especially rapid price increases for some goods and services, which should partially reverse as the effects of the bottlenecks unwind,” Powell said. “Prices for services that were hard hit by the pandemic have also jumped in recent months as demand for these services has surged with the reopening of the economy.”</p>\n<p>Powell noted that asset prices and risk appetite have risen while downplaying any near-term risks to the economy from financial markets.</p>\n<p>“Household balance sheets are, on average, quite strong, business leverage has been declining from high levels, and the institutions at the core of the financial system remain resilient,” he said.</p>\n<p>Powell’s remarks before Congress this week are his last semi-annual testimony before President Joe Biden decides whether to give him another four years at the Fed helm or pick someone else. Powell’s tenure as chair expires in February.</p>\n<p>The Fed’s policy patience is part of a new framework it announced nearly a year ago that pledged to achieve an average of 2% inflation over time and not pre-judge the level of maximum employment. Fed officials in June started a conversation about when to begin scaling back their asset purchases.</p>\n<p>Forecasts released by Fed officials last month also showed them pulling the timing of interest rate liftoff forward, with two increases penciled in for 2023, a move that pushed some market measures of inflation expectations lower.</p>\n<p>“Measures of longer-term inflation expectations have moved up from their pandemic lows and are in a range that is broadly consistent with the FOMC’s longer-run inflation goal,” Powell said, referring to the rate-setting Federal Open Market Committee.</p>\n<p>Fed officials last month signaled their view of risk and uncertainty around inflation had risen, according to their forecasts.</p>\n<p>Powell emphasized in his prepared remarks that the labor market recovery was still far from complete.</p>\n<p>“Conditions in the labor market have continued to improve, but there is still a long way to go,” “Powell said. “Job gains should be strong in coming months as public health conditions continue to improve and as some of the other pandemic-related factors currently weighing them down diminish.”</p>\n<p>He added that despite “substantial improvements” for racial and ethnic groups, “the hardest-hit groups still have the most ground left to regain.”</p>\n<p>The U.S. economy added 850,000 jobs in June, the biggest monthly increase since August. Still, broader measures of labor-market slack indicate it is still short of the Fed’s mandate of maximum employment. The jobless rate for Black workers stood at 9.2% compared to 6% in February 2020.</p>\n<p>The overall unemployment rate has fallen to 5.9% from a pandemic peak of 14.8% with high rates of churn in industries facing strong demand such as retail and hospitality. Prior to the pandemic, the unemployment rate stood at 3.5% in February 2020 while the 12-month change in inflation was 1.8%, according to the Fed’s preferred measure, the personal consumption expenditures price index.</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>Powell Says Achieving ‘Substantial Further Progress’ a Ways Off</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell Says Achieving ‘Substantial Further Progress’ a Ways Off\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 20:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/powell-says-achieving-substantial-further-124307446.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Federal Reserve Chair Jerome Powell said the U.S. economic recovery still hasn’t progressed enough to begin scaling back the central bank’s massive monthly asset purchases, while adding...</p>\n\n<a href=\"https://finance.yahoo.com/news/powell-says-achieving-substantial-further-124307446.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/powell-says-achieving-substantial-further-124307446.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107733003","content_text":"(Bloomberg) -- Federal Reserve Chair Jerome Powell said the U.S. economic recovery still hasn’t progressed enough to begin scaling back the central bank’s massive monthly asset purchases, while adding that inflation is likely to remain high in coming months before moderating.\n“At our June meeting, the committee discussed the economy’s progress toward our goals since we adopted our asset purchase guidance last December,” Powell said Wednesday in remarks prepared for delivery before the House Financial Services Committee. “While reaching the standard of ‘substantial further progress’ is still a ways off, participants expect that progress will continue.”\nThe hearing to present the Fed’s semi-annual Monetary Policy Report to Congress is scheduled to begin at 12 p.m. Washington time. Powell addresses the Senate banking panel on Thursday.\nU.S. central bankers are providing aggressive support by holding interest rates near zero and buying $120 billion of bonds a month, even as the economy shows strong growth. Job gains have been solid and inflation has jumped, though officials say that’s due to temporary supply glitches as the economy reopens from the pandemic.\nTen-year Treasuries held earlier gains with yields around 1.37% following the release of Powell’s remarks. U.S. stock futures were higher and the dollar softened.\nCritics say that ultra-easy monetary policy alongside massive government spending is overheating the economy. Government data released on Tuesday showed prices paid by U.S. consumers surged in June by the most since 2008 and were up 5.4% from the same month last year.\n‘Strong Demand’\n“Strong demand in sectors where production bottlenecks or other supply constraints have limited production has led to especially rapid price increases for some goods and services, which should partially reverse as the effects of the bottlenecks unwind,” Powell said. “Prices for services that were hard hit by the pandemic have also jumped in recent months as demand for these services has surged with the reopening of the economy.”\nPowell noted that asset prices and risk appetite have risen while downplaying any near-term risks to the economy from financial markets.\n“Household balance sheets are, on average, quite strong, business leverage has been declining from high levels, and the institutions at the core of the financial system remain resilient,” he said.\nPowell’s remarks before Congress this week are his last semi-annual testimony before President Joe Biden decides whether to give him another four years at the Fed helm or pick someone else. Powell’s tenure as chair expires in February.\nThe Fed’s policy patience is part of a new framework it announced nearly a year ago that pledged to achieve an average of 2% inflation over time and not pre-judge the level of maximum employment. Fed officials in June started a conversation about when to begin scaling back their asset purchases.\nForecasts released by Fed officials last month also showed them pulling the timing of interest rate liftoff forward, with two increases penciled in for 2023, a move that pushed some market measures of inflation expectations lower.\n“Measures of longer-term inflation expectations have moved up from their pandemic lows and are in a range that is broadly consistent with the FOMC’s longer-run inflation goal,” Powell said, referring to the rate-setting Federal Open Market Committee.\nFed officials last month signaled their view of risk and uncertainty around inflation had risen, according to their forecasts.\nPowell emphasized in his prepared remarks that the labor market recovery was still far from complete.\n“Conditions in the labor market have continued to improve, but there is still a long way to go,” “Powell said. “Job gains should be strong in coming months as public health conditions continue to improve and as some of the other pandemic-related factors currently weighing them down diminish.”\nHe added that despite “substantial improvements” for racial and ethnic groups, “the hardest-hit groups still have the most ground left to regain.”\nThe U.S. economy added 850,000 jobs in June, the biggest monthly increase since August. Still, broader measures of labor-market slack indicate it is still short of the Fed’s mandate of maximum employment. The jobless rate for Black workers stood at 9.2% compared to 6% in February 2020.\nThe overall unemployment rate has fallen to 5.9% from a pandemic peak of 14.8% with high rates of churn in industries facing strong demand such as retail and hospitality. Prior to the pandemic, the unemployment rate stood at 3.5% in February 2020 while the 12-month change in inflation was 1.8%, according to the Fed’s preferred measure, the personal consumption expenditures price index.","news_type":1,"symbols_score_info":{".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129672471,"gmtCreate":1624372451693,"gmtModify":1634007087271,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129672471","repostId":"1162790761","repostType":4,"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153553584,"gmtCreate":1625037605448,"gmtModify":1633945570893,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/153553584","repostId":"1110936297","repostType":2,"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126843241,"gmtCreate":1624552902783,"gmtModify":1634004414077,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"Most likely","listText":"Most likely","text":"Most likely","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126843241","repostId":"1198422658","repostType":4,"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128267283,"gmtCreate":1624519443242,"gmtModify":1634004938724,"author":{"id":"3575101457760136","authorId":"3575101457760136","name":"RiveR","avatar":"https://static.tigerbbs.com/538b9774728e7d20268bfed68efcb02e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575101457760136","authorIdStr":"3575101457760136"},"themes":[],"htmlText":"🚀","listText":"🚀","text":"🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128267283","repostId":"1136393082","repostType":4,"isVote":1,"tweetType":1,"viewCount":500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}