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jenx

jenx

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2021-07-30

Pike it

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2021-07-30

Google talkin sheet

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2021-07-30

Need likes

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2021-07-29

Sell n like

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2021-07-29

Like it brah

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2021-07-28

Like pls thx

Microsoft scores record quarterly profit on cloud boost

2021-07-27

Goinf to zero yo

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2021-07-27

Like yo netflixker

Netflix: Calculating Its Intrinsic Value

2021-07-27

Ey lik pls

How the 10-year Treasury rate and S&P 500 performed when the Fed tapered in 2013

2021-07-27

Yo like pls

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2021-07-26

Like pls

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2021-07-25

Like diz

Tencent was ordered to remove the exclusive copyright of online music

2021-07-25

Like it

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2021-07-25

Like bck

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2021-07-23

Like!!

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2021-07-23

Like pls

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2021-07-23

Like me

Apple To Remove Popular DOS Emulator That Let iPhone Users Play Classic Games

2021-07-22

Hi

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2021-07-22

Diedie

Toplines Before US Market Open on Thursday

2021-07-21

Lame bozos

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it","listText":"Pike it","text":"Pike it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/806909385","repostId":"2155250133","repostType":4,"isVote":1,"tweetType":1,"viewCount":1183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806900008,"gmtCreate":1627621092404,"gmtModify":1631884141684,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Google talkin sheet","listText":"Google talkin sheet","text":"Google talkin sheet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806900008","repostId":"2155513329","repostType":4,"isVote":1,"tweetType":1,"viewCount":1662,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806077449,"gmtCreate":1627621077481,"gmtModify":1633757678035,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Need likes","listText":"Need likes","text":"Need likes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806077449","repostId":"1105519179","repostType":4,"isVote":1,"tweetType":1,"viewCount":1226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801747284,"gmtCreate":1627538755248,"gmtModify":1633763983486,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Sell n like","listText":"Sell n like","text":"Sell n like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/801747284","repostId":"1166191537","repostType":4,"isVote":1,"tweetType":1,"viewCount":1176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801747394,"gmtCreate":1627538734918,"gmtModify":1633763983707,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like it brah","listText":"Like it brah","text":"Like it brah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/801747394","repostId":"2155729009","repostType":4,"isVote":1,"tweetType":1,"viewCount":1417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803198754,"gmtCreate":1627427134578,"gmtModify":1633765219200,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like pls thx","listText":"Like pls thx","text":"Like pls thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/803198754","repostId":"1155220013","repostType":4,"repost":{"id":"1155220013","kind":"news","pubTimestamp":1627426975,"share":"https://www.laohu8.com/m/news/1155220013?lang=&edition=full","pubTime":"2021-07-28 07:02","market":"us","language":"en","title":"Microsoft scores record quarterly profit on cloud boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1155220013","media":"Reuters","summary":"(Reuters) -Microsoft Corp posted its most profitable quarter on Tuesday, beating Wall Street expecta","content":"<p>(Reuters) -Microsoft Corp posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as demand soared for the software giant’s cloud-based services.</p>\n<p>Its shares rose&nbsp;nearly 1% in after-hours trading, following the company’s year-to-date run of 30% that left investors with high expectations for the quarter.</p>\n<p>The pandemic-driven shift to remote work has boosted consumer appetite for cloud-based computing, helping companies including Microsoft, Amazon.com Inc’s cloud unit and Alphabet Inc’s Google Cloud.</p>\n<p>Revenue in its “Intelligent Cloud” segment rose 30% to $17.4 billion, with 51% growth in its Azure cloud-computing business, in the fourth quarter ended June 30. Analysts had expected 43.1% growth in Azure, according to consensus data from Visible Alpha.</p>\n<p>“It’s a very impressive report from Microsoft with the company easily surpassing expectations on the performance of almost all business units,” said Haris Anwar, senior analyst at Investing.com.</p>\n<p>He noted Azure’s growth and strong demand for the company’s legacy Office and software products.</p>\n<p>“That said, Microsoft’s stock has made a big run since the beginning of the pandemic, and is trading at rich multiples,” Anwar said. “After such a powerful rally, its shares may take a breather, especially when investors are still unclear how the demand scenario will evolve in the post-pandemic environment.”</p>\n<p>Microsoft’s market capitalization stands at nearly $2.2 trillion, fueling concerns among some analysts that it may be overvalued. The stock has climbed nearly 30% so far this year, compared with 18% for the overall S&amp;P 500 Index, according to Refinitiv Eikon data based on Monday’s closing price.</p>\n<p>Revenue from personal computing, which includes Windows software and Xbox gaming consoles, rose 9% to $14.1 billion.</p>\n<p>But Xbox content and services revenue dipped, suggesting that a pandemic-fueled gaming boom is beginning to wane, said Paolo Pescatore, an analyst at PP Foresight. The company must strengthen its presence in the home to better compete with rivals, he added.</p>\n<p>Some Microsoft hardware lines were affected by a shortage of components such as chips, said Kyle Vikstrom, director of Microsoft investor relations. Makers of cars to smartphones have grappled with an unprecedented chip shortage in recent quarters.</p>\n<p>“We are seeing supply chain constraints that are impacting Windows OEM and Surface ... and also impacting Xbox consoles,” she said.</p>\n<p>The chip shortage could also be contributing to Microsoft’s dip in Xbox content and services revenue, as constrained hardware sales lead to a weaker performance in services, said Daniel Ives of Wedbush Securities.</p>\n<p>“If there’s any lagging part of Microsoft, it’s the consumer piece,” he said. “I think that continues to be a work in progress.”</p>\n<p>Revenue rose 21% to $46.2 billion, beating analysts’ consensus estimate of $44.24 billion, according to IBES data from Refinitiv. The company reported earnings of $2.17 per share, above the consensus estimate of $1.92.</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>Microsoft scores record quarterly profit on cloud boost</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\">\nMicrosoft scores record quarterly profit on cloud boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 07:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/microsoft-results/update-3-microsoft-scores-record-quarterly-profit-on-cloud-boost-idUSL4N2P33TQ><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Microsoft Corp posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as demand soared for the software giant’s cloud-based services.\nIts ...</p>\n\n<a href=\"https://www.reuters.com/article/microsoft-results/update-3-microsoft-scores-record-quarterly-profit-on-cloud-boost-idUSL4N2P33TQ\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.reuters.com/article/microsoft-results/update-3-microsoft-scores-record-quarterly-profit-on-cloud-boost-idUSL4N2P33TQ","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155220013","content_text":"(Reuters) -Microsoft Corp posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as demand soared for the software giant’s cloud-based services.\nIts shares rose nearly 1% in after-hours trading, following the company’s year-to-date run of 30% that left investors with high expectations for the quarter.\nThe pandemic-driven shift to remote work has boosted consumer appetite for cloud-based computing, helping companies including Microsoft, Amazon.com Inc’s cloud unit and Alphabet Inc’s Google Cloud.\nRevenue in its “Intelligent Cloud” segment rose 30% to $17.4 billion, with 51% growth in its Azure cloud-computing business, in the fourth quarter ended June 30. Analysts had expected 43.1% growth in Azure, according to consensus data from Visible Alpha.\n“It’s a very impressive report from Microsoft with the company easily surpassing expectations on the performance of almost all business units,” said Haris Anwar, senior analyst at Investing.com.\nHe noted Azure’s growth and strong demand for the company’s legacy Office and software products.\n“That said, Microsoft’s stock has made a big run since the beginning of the pandemic, and is trading at rich multiples,” Anwar said. “After such a powerful rally, its shares may take a breather, especially when investors are still unclear how the demand scenario will evolve in the post-pandemic environment.”\nMicrosoft’s market capitalization stands at nearly $2.2 trillion, fueling concerns among some analysts that it may be overvalued. The stock has climbed nearly 30% so far this year, compared with 18% for the overall S&P 500 Index, according to Refinitiv Eikon data based on Monday’s closing price.\nRevenue from personal computing, which includes Windows software and Xbox gaming consoles, rose 9% to $14.1 billion.\nBut Xbox content and services revenue dipped, suggesting that a pandemic-fueled gaming boom is beginning to wane, said Paolo Pescatore, an analyst at PP Foresight. The company must strengthen its presence in the home to better compete with rivals, he added.\nSome Microsoft hardware lines were affected by a shortage of components such as chips, said Kyle Vikstrom, director of Microsoft investor relations. Makers of cars to smartphones have grappled with an unprecedented chip shortage in recent quarters.\n“We are seeing supply chain constraints that are impacting Windows OEM and Surface ... and also impacting Xbox consoles,” she said.\nThe chip shortage could also be contributing to Microsoft’s dip in Xbox content and services revenue, as constrained hardware sales lead to a weaker performance in services, said Daniel Ives of Wedbush Securities.\n“If there’s any lagging part of Microsoft, it’s the consumer piece,” he said. “I think that continues to be a work in progress.”\nRevenue rose 21% to $46.2 billion, beating analysts’ consensus estimate of $44.24 billion, according to IBES data from Refinitiv. The company reported earnings of $2.17 per share, above the consensus estimate of $1.92.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809281767,"gmtCreate":1627372931359,"gmtModify":1633765631880,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Goinf to zero yo","listText":"Goinf to zero yo","text":"Goinf to zero yo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/809281767","repostId":"2154813991","repostType":4,"isVote":1,"tweetType":1,"viewCount":1295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809281296,"gmtCreate":1627372906915,"gmtModify":1633765632123,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like yo netflixker","listText":"Like yo netflixker","text":"Like yo netflixker","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/809281296","repostId":"1154159969","repostType":4,"repost":{"id":"1154159969","kind":"news","pubTimestamp":1627372017,"share":"https://www.laohu8.com/m/news/1154159969?lang=&edition=full","pubTime":"2021-07-27 15:46","market":"us","language":"en","title":"Netflix: Calculating Its Intrinsic Value","url":"https://stock-news.laohu8.com/highlight/detail?id=1154159969","media":"seekingalpha","summary":"Summary\n\nOur forecasts are based purely on fundamentals.\nWe expect Netflix to see margin expansion g","content":"<p>Summary</p>\n<ul>\n <li>Our forecasts are based purely on fundamentals.</li>\n <li>We expect Netflix to see margin expansion going forward.</li>\n <li>Netflix is undervalued under current market conditions.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7a06802a1c9fe18b04bc7c3eae704b91\" tg-width=\"1536\" tg-height=\"1022\" width=\"100%\" height=\"auto\"><span>Pascal Le Segretain/Getty Images News</span></p>\n<p>Netflix Inc (NFLX) has the potential to perform well. However, we highlight what you need to consider before jumping into the stock. We base our forecast purely on the company's fundamentals. By doing so, we are able to point to the specific growth drivers rooted in numbers as opposed to perceived potential. In addition, we believe that Netflix's margins will expand going forward. Using the fundamentals allows us to more reasonably estimate the company's margin expansion.</p>\n<p><b>Valuation</b></p>\n<p>Forecasting is not easy and it's difficult to be precise. However, the point of forecasting is not to be right but to be reasonable. Our projections are based on the company's fundamentals. We try to determine what growth rates the company can fundamentally sustain up until 2025.</p>\n<p>We will begin with the growth rate we expect for fiscal year 2021. The first thing we need is to determine what will constitute as reinvestment. For Netflix, it will be research and development, marketing, capital expenditures, net investment in content, and change in net working capital.</p>\n<p>Please note that we measure net investment in content as the cash spent on developing content subtracted by the amortization of previously developed content. Our assumption is that the amortized amount is the \"maintenance content\" needed to maintain the interest of current users and doesn't contribute to growth. The net investment in content is what we consider the \"growth content\" that contributes to attracting new users or justifying price increases.</p>\n<p>In addition, that depreciation and amortization expense is subtracted from the reinvestment rate as it is used as a proxy for maintenance capex that does not contribute to growth.</p>\n<p>The next step is to find the revenue-to-capital ratio. This measures how much revenue a company generates for each dollar in capital. Once we have both numbers, we multiply them to calculate the fundamental growth rate.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f1190d7305518113889190a4e5d4e177\" tg-width=\"354\" tg-height=\"462\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p>In the picture above, we see that the reinvestment rate was 21.44% of revenue and revenue to capital was 93.39%. Therefore, the fundamental growth rate for fiscal year 2021 equals 20.02%. This is slightly above analysts' expectations but by very little.</p>\n<p>The next step is to determine the degree of operating leverage, which is a multiple that measures how much the operating income of a company will change in response to a change in sales. Netflix has had a ratio of over 2 over the past several years. To be conservative, we will use 2 and reduce it each year. In addition, we did the same thing with gross margins using a starting point of 1.08.</p>\n<p>As the EBIT margin increases, the reinvestment rate decreases because R&amp;D and marketing expenses become a smaller percentage of revenue, resulting in a slowdown of growth. We measure this slowdown by setting R&amp;D and marketing to 70% of total operating expenses (percentage in fiscal year 2020). We then calculate the future fundamental growth rates with the projected numbers as follows:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8251e55395490f4c6d6347fef3a9a08f\" tg-width=\"640\" tg-height=\"605\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p>We used the average capital expenditure and D&amp;A margins of the last three years. Now we will input these numbers into a DCF using the company's weighted average cost of capital of 5% based on&nbsp;<b>current market conditions.</b>Please note that we grouped net content investment with capital expenditures.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cfb2441365f739f8ec307436cfd81926\" tg-width=\"640\" tg-height=\"259\" width=\"100%\" height=\"auto\"><span>Source: Author using Finbox tools</span></p>\n<p>As you can see, with a 5% discount rate, 21% tax rate, 2% terminal growth rate, and a forecast based on fundamentals, the company has the potential for 24.6% upside. Of course, discount rates are always changing and not everyone likes to use current discount rates. Therefore, we made the chart below to demonstrate the fair value at each discount rate and terminal growth rate:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e8a824dfed49d58dacb3f22cad000213\" tg-width=\"430\" tg-height=\"209\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p>As you can see, if interest rates stay low for an extended period of time, Netflix can potentially see solid upside. However, there isn't much room for changes in the discount rates, and therefore should be careful if you believe discount rates are going up.</p>\n<p><b>Checking for Consistencies in the Forecast</b></p>\n<p>Let's make sure everything makes sense in the forecast. We'll begin with revenue growth. You can see that we expect revenue growth to accelerate in 2022 before gradually decreasing in the following years. This is because we expect Netflix to increase its net content investment in 2021. The company has stated that it willincrease overall investment in contentto $17 billion, up from $11.8 billion in 2020. This consequently leads to a higher reinvestment rate and the potential to accelerate revenue growth. This seems reasonable to us because it has happened to Netflix in the past where revenue growth has accelerated.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4008559ff06f06414badc2e9f7509765\" tg-width=\"640\" tg-height=\"71\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p>In addition, the net content investment in our forecast is similar to the absolute amounts Netflix spent pre-pandemic.</p>\n<p>Furthermore, management expects free cash flow for this year to be break even or slightly higher. It's hard to say what slightly above means for the management team. Although $119 million is exactly slightly above breakeven, it is still significantly less than what it was in 2020. However, management hasn't specified whether it is unlevered or levered free cash flow and it is possible that unlevered free cash flow (which is what we used) might be higher. It is also possible that Netflix might have a stronger than expected second half. Regardless, the $119 million is immaterial to the valuation overall.</p>\n<p><b>Growth Catalysts</b></p>\n<p>An obvious growth catalyst that impacts our forecast is the company's increase in content spend. Content is the most important factor when it comes to entertainment-based businesses. Netflix can have the most technologically advanced platform in the world but, if the content is boring, then nobody would use it.</p>\n<p>In addition, although streaming has become increasingly popular, cable still accounts for the largest share of total tv time in the US:</p>\n<p><img src=\"https://static.tigerbbs.com/fa87184a65693ead5a02993493df64f9\" tg-width=\"640\" tg-height=\"434\" width=\"100%\" height=\"auto\"></p>\n<p>As you can see, the streaming market as a whole is only 27% of the total share. Despite all the talk about increasing competition, there is still plenty of room for the streaming segment to grow as a whole. Therefore, even if Netflix loses market share to other streamers, it will still be able to grow in absolute terms.</p>\n<p>Finally, Netflix's venture intovideo gamescould be beneficial if executed correctly. However, we don't have too much conviction in this idea just yet, which we talk more about in the \"risks\" section below.</p>\n<p><b>Risks</b></p>\n<p>We will begin with video games. The video game industry is very tough. With all the money that Amazon.com Inc (AMZN) generates, it hasstruggled to releasea successful game since starting the division in 2014. Likewise, Alphabet Inc (GOOG) has suffered asimilar problem. This implies that developing successful video games is not as easy as throwing money at developers and requires a certain level of specialization.</p>\n<p>Speaking of throwing money, Netflix's increased spend on content may not yield positive results if it is rushed. Thisarticledemonstrates that people can notice when projects are rushed. Although the article is from 2019, it is an important reminder that the quality of the content is likely to be more important than the quantity. If Netflix fails to deliver on quality, it could see subscriber counts drop.</p>\n<p><b>Final Thoughts</b></p>\n<p>Netflix is undervalued under current market conditions; however, it doesn't provide enough of a margin of safety if the interest/discount rates increase. Thus, although Netflix may continue to do well, we will stay on the sidelines for now.</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>Netflix: Calculating Its Intrinsic Value</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\">\nNetflix: Calculating Its Intrinsic Value\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 15:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4441533-netflix-calculating-its-intrinsic-value><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nOur forecasts are based purely on fundamentals.\nWe expect Netflix to see margin expansion going forward.\nNetflix is undervalued under current market conditions.\n\nPascal Le Segretain/Getty ...</p>\n\n<a href=\"https://seekingalpha.com/article/4441533-netflix-calculating-its-intrinsic-value\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://seekingalpha.com/article/4441533-netflix-calculating-its-intrinsic-value","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154159969","content_text":"Summary\n\nOur forecasts are based purely on fundamentals.\nWe expect Netflix to see margin expansion going forward.\nNetflix is undervalued under current market conditions.\n\nPascal Le Segretain/Getty Images News\nNetflix Inc (NFLX) has the potential to perform well. However, we highlight what you need to consider before jumping into the stock. We base our forecast purely on the company's fundamentals. By doing so, we are able to point to the specific growth drivers rooted in numbers as opposed to perceived potential. In addition, we believe that Netflix's margins will expand going forward. Using the fundamentals allows us to more reasonably estimate the company's margin expansion.\nValuation\nForecasting is not easy and it's difficult to be precise. However, the point of forecasting is not to be right but to be reasonable. Our projections are based on the company's fundamentals. We try to determine what growth rates the company can fundamentally sustain up until 2025.\nWe will begin with the growth rate we expect for fiscal year 2021. The first thing we need is to determine what will constitute as reinvestment. For Netflix, it will be research and development, marketing, capital expenditures, net investment in content, and change in net working capital.\nPlease note that we measure net investment in content as the cash spent on developing content subtracted by the amortization of previously developed content. Our assumption is that the amortized amount is the \"maintenance content\" needed to maintain the interest of current users and doesn't contribute to growth. The net investment in content is what we consider the \"growth content\" that contributes to attracting new users or justifying price increases.\nIn addition, that depreciation and amortization expense is subtracted from the reinvestment rate as it is used as a proxy for maintenance capex that does not contribute to growth.\nThe next step is to find the revenue-to-capital ratio. This measures how much revenue a company generates for each dollar in capital. Once we have both numbers, we multiply them to calculate the fundamental growth rate.\nSource: Author\nIn the picture above, we see that the reinvestment rate was 21.44% of revenue and revenue to capital was 93.39%. Therefore, the fundamental growth rate for fiscal year 2021 equals 20.02%. This is slightly above analysts' expectations but by very little.\nThe next step is to determine the degree of operating leverage, which is a multiple that measures how much the operating income of a company will change in response to a change in sales. Netflix has had a ratio of over 2 over the past several years. To be conservative, we will use 2 and reduce it each year. In addition, we did the same thing with gross margins using a starting point of 1.08.\nAs the EBIT margin increases, the reinvestment rate decreases because R&D and marketing expenses become a smaller percentage of revenue, resulting in a slowdown of growth. We measure this slowdown by setting R&D and marketing to 70% of total operating expenses (percentage in fiscal year 2020). We then calculate the future fundamental growth rates with the projected numbers as follows:\nSource: Author\nWe used the average capital expenditure and D&A margins of the last three years. Now we will input these numbers into a DCF using the company's weighted average cost of capital of 5% based on current market conditions.Please note that we grouped net content investment with capital expenditures.\nSource: Author using Finbox tools\nAs you can see, with a 5% discount rate, 21% tax rate, 2% terminal growth rate, and a forecast based on fundamentals, the company has the potential for 24.6% upside. Of course, discount rates are always changing and not everyone likes to use current discount rates. Therefore, we made the chart below to demonstrate the fair value at each discount rate and terminal growth rate:\nSource: Author\nAs you can see, if interest rates stay low for an extended period of time, Netflix can potentially see solid upside. However, there isn't much room for changes in the discount rates, and therefore should be careful if you believe discount rates are going up.\nChecking for Consistencies in the Forecast\nLet's make sure everything makes sense in the forecast. We'll begin with revenue growth. You can see that we expect revenue growth to accelerate in 2022 before gradually decreasing in the following years. This is because we expect Netflix to increase its net content investment in 2021. The company has stated that it willincrease overall investment in contentto $17 billion, up from $11.8 billion in 2020. This consequently leads to a higher reinvestment rate and the potential to accelerate revenue growth. This seems reasonable to us because it has happened to Netflix in the past where revenue growth has accelerated.\nSource: Author\nIn addition, the net content investment in our forecast is similar to the absolute amounts Netflix spent pre-pandemic.\nFurthermore, management expects free cash flow for this year to be break even or slightly higher. It's hard to say what slightly above means for the management team. Although $119 million is exactly slightly above breakeven, it is still significantly less than what it was in 2020. However, management hasn't specified whether it is unlevered or levered free cash flow and it is possible that unlevered free cash flow (which is what we used) might be higher. It is also possible that Netflix might have a stronger than expected second half. Regardless, the $119 million is immaterial to the valuation overall.\nGrowth Catalysts\nAn obvious growth catalyst that impacts our forecast is the company's increase in content spend. Content is the most important factor when it comes to entertainment-based businesses. Netflix can have the most technologically advanced platform in the world but, if the content is boring, then nobody would use it.\nIn addition, although streaming has become increasingly popular, cable still accounts for the largest share of total tv time in the US:\n\nAs you can see, the streaming market as a whole is only 27% of the total share. Despite all the talk about increasing competition, there is still plenty of room for the streaming segment to grow as a whole. Therefore, even if Netflix loses market share to other streamers, it will still be able to grow in absolute terms.\nFinally, Netflix's venture intovideo gamescould be beneficial if executed correctly. However, we don't have too much conviction in this idea just yet, which we talk more about in the \"risks\" section below.\nRisks\nWe will begin with video games. The video game industry is very tough. With all the money that Amazon.com Inc (AMZN) generates, it hasstruggled to releasea successful game since starting the division in 2014. Likewise, Alphabet Inc (GOOG) has suffered asimilar problem. This implies that developing successful video games is not as easy as throwing money at developers and requires a certain level of specialization.\nSpeaking of throwing money, Netflix's increased spend on content may not yield positive results if it is rushed. Thisarticledemonstrates that people can notice when projects are rushed. Although the article is from 2019, it is an important reminder that the quality of the content is likely to be more important than the quantity. If Netflix fails to deliver on quality, it could see subscriber counts drop.\nFinal Thoughts\nNetflix is undervalued under current market conditions; however, it doesn't provide enough of a margin of safety if the interest/discount rates increase. Thus, although Netflix may continue to do well, we will stay on the sidelines for now.","news_type":1,"symbols_score_info":{"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":1418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809283665,"gmtCreate":1627372886057,"gmtModify":1633765633034,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Ey lik pls","listText":"Ey lik pls","text":"Ey lik pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/809283665","repostId":"2154875967","repostType":4,"repost":{"id":"2154875967","kind":"highlight","pubTimestamp":1627372266,"share":"https://www.laohu8.com/m/news/2154875967?lang=&edition=full","pubTime":"2021-07-27 15:51","market":"us","language":"en","title":"How the 10-year Treasury rate and S&P 500 performed when the Fed tapered in 2013","url":"https://stock-news.laohu8.com/highlight/detail?id=2154875967","media":"MarketWatch","summary":"In the wake of the Great Recession, it took about five years for the U.S. central bank to start slow","content":"<p>In the wake of the Great Recession, it took about five years for the U.S. central bank to start slowing down its controversial large-scale bond-buying program, ultimately making 2013 the year of the \"taper tantrum .\"</p>\n<p>Federal Reserve officials have said they'd rather avoid a repeat of that episode, when it comes to eventually scaling back its $120 billion-a-month, pandemic-era asset-purchase program.</p>\n<p>And while it felt like the U.S. stock and bond markets both freaked out in 2013, a review of the S&amp;P 500's performance in that tumultuous year shows it turned out pretty well for equity investors who stayed the course.</p>\n<p>Following a roughly 6% pullback post-Fed taper announcement, the S&amp;P 500 finished the year higher by about 30%, according to the Wells Fargo Investment Institute.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b5888ee701d08887e5b8d11bca7d6e30\" tg-width=\"700\" tg-height=\"376\" referrerpolicy=\"no-referrer\"><span>S&amp;P 500 rose 30% in 2013. WELLS FARGO INVESTMENT INSTITUTE</span></p>\n<p>At the same time, the 10-year Treasury yield nearly doubled in six months from a low of almost 1.5% to roughly 3.1% by that December, leading to higher borrowing costs that rippled through the U.S. economy, from commercial real-estate owners to U.S. corporations <a href=\"https://laohu8.com/S/LQD\">$(LQD)$</a>.</p>\n<p>\"Higher inflation, rising long-term interest rates, and a less dovish Fed could potentially cause the market to pause,\" Chris Haverland, Wells Fargo Institute's global equity strategist wrote, in a Monday note.</p>\n<p>\"However, equities have historically performed well through these events, even if there was some initial selling pressure.\"</p>\n<p>Haverland thinks the Fed may announce plans to reduce its asset purchases later this year, which could lift longer-duration Treasury rates, including the 10-year, from its current 1.3% range. He also prefers to stick to his wheelhouse in equities over bonds.</p>\n<p>\"If the market corrects, we would view it as an opportunity to fill our equity positions that may be below strategic or tactical targets,\" he said.</p>\n<p>During the pandemic, the Fed has been buying about $80 billion of Treasurys each month and $40 billion of agency mortgage-backed securities (MBS), while increasing its balance sheet to about $8.2 trillion .</p>\n<p>Some Fed officials have been debating buying, as a first step to withdrawing some support, particularly since the U.S. housing market has been red-hot during the COVID crisis, albeit with recent signs of cooling.</p>\n<p>The Federal Reserve kicks off a two-day policy meeting on Tuesday, with a statement due Wednesday at 2 p.m. Eastern, followed by Fed Chairman Jerome Powell's press conference.</p>\n<p>U.S. stocks drifted higher into record territory on Monday, with the Dow Jones Industrial Average , S&amp;P 500 and Nasdaq Composite Index claiming new closing highs.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How the 10-year Treasury rate and S&P 500 performed when the Fed tapered in 2013</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow the 10-year Treasury rate and S&P 500 performed when the Fed tapered in 2013\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 15:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/how-the-10-year-treasury-rate-and-s-p-500-performed-when-the-fed-tapered-in-2013-11627344095?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the wake of the Great Recession, it took about five years for the U.S. central bank to start slowing down its controversial large-scale bond-buying program, ultimately making 2013 the year of the \"...</p>\n\n<a href=\"https://www.marketwatch.com/story/how-the-10-year-treasury-rate-and-s-p-500-performed-when-the-fed-tapered-in-2013-11627344095?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEF":"标普100指数ETF-iShares","LQD":"债券指数ETF-iShares iBoxx投资级公司债",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF","SPXU":"三倍做空标普500ETF","SSO":"两倍做多标普500ETF","MBB":"美国按揭抵押债券ETF-iShares","SPY":"标普500ETF",".IXIC":"NASDAQ Composite","OEX":"标普100","SH":"标普500反向ETF",".SPX":"S&P 500 Index","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF"},"source_url":"https://www.marketwatch.com/story/how-the-10-year-treasury-rate-and-s-p-500-performed-when-the-fed-tapered-in-2013-11627344095?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154875967","content_text":"In the wake of the Great Recession, it took about five years for the U.S. central bank to start slowing down its controversial large-scale bond-buying program, ultimately making 2013 the year of the \"taper tantrum .\"\nFederal Reserve officials have said they'd rather avoid a repeat of that episode, when it comes to eventually scaling back its $120 billion-a-month, pandemic-era asset-purchase program.\nAnd while it felt like the U.S. stock and bond markets both freaked out in 2013, a review of the S&P 500's performance in that tumultuous year shows it turned out pretty well for equity investors who stayed the course.\nFollowing a roughly 6% pullback post-Fed taper announcement, the S&P 500 finished the year higher by about 30%, according to the Wells Fargo Investment Institute.\nS&P 500 rose 30% in 2013. WELLS FARGO INVESTMENT INSTITUTE\nAt the same time, the 10-year Treasury yield nearly doubled in six months from a low of almost 1.5% to roughly 3.1% by that December, leading to higher borrowing costs that rippled through the U.S. economy, from commercial real-estate owners to U.S. corporations $(LQD)$.\n\"Higher inflation, rising long-term interest rates, and a less dovish Fed could potentially cause the market to pause,\" Chris Haverland, Wells Fargo Institute's global equity strategist wrote, in a Monday note.\n\"However, equities have historically performed well through these events, even if there was some initial selling pressure.\"\nHaverland thinks the Fed may announce plans to reduce its asset purchases later this year, which could lift longer-duration Treasury rates, including the 10-year, from its current 1.3% range. He also prefers to stick to his wheelhouse in equities over bonds.\n\"If the market corrects, we would view it as an opportunity to fill our equity positions that may be below strategic or tactical targets,\" he said.\nDuring the pandemic, the Fed has been buying about $80 billion of Treasurys each month and $40 billion of agency mortgage-backed securities (MBS), while increasing its balance sheet to about $8.2 trillion .\nSome Fed officials have been debating buying, as a first step to withdrawing some support, particularly since the U.S. housing market has been red-hot during the COVID crisis, albeit with recent signs of cooling.\nThe Federal Reserve kicks off a two-day policy meeting on Tuesday, with a statement due Wednesday at 2 p.m. Eastern, followed by Fed Chairman Jerome Powell's press conference.\nU.S. stocks drifted higher into record territory on Monday, with the Dow Jones Industrial Average , S&P 500 and Nasdaq Composite Index claiming new closing highs.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9,"ESmain":0.9,"IVV":0.9,"LQD":0.9,"MBB":0.9,"OEF":0.9,"OEX":0.9,"SDS":0.9,"SH":0.9,"SPXU":0.9,"SPY":0.9,"SSO":0.9,"UPRO":0.9}},"isVote":1,"tweetType":1,"viewCount":2404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809289710,"gmtCreate":1627372867930,"gmtModify":1633765633642,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Yo like pls","listText":"Yo like pls","text":"Yo like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/809289710","repostId":"1148689588","repostType":4,"isVote":1,"tweetType":1,"viewCount":913,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800314405,"gmtCreate":1627277992007,"gmtModify":1633766573778,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/800314405","repostId":"1100772026","repostType":4,"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177093162,"gmtCreate":1627163527056,"gmtModify":1633767629946,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like diz","listText":"Like diz","text":"Like diz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/177093162","repostId":"1151500518","repostType":4,"repost":{"id":"1151500518","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":1627092269,"share":"https://www.laohu8.com/m/news/1151500518?lang=&edition=full","pubTime":"2021-07-24 10:04","market":"us","language":"en","title":"Tencent was ordered to remove the exclusive copyright of online music","url":"https://stock-news.laohu8.com/highlight/detail?id=1151500518","media":"Tiger Newspress","summary":"The China market supervision administration made an administrative punishment decision according to ","content":"<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p>\n<p>This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p>\n<p>Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</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>Tencent was ordered to remove the exclusive copyright of online music</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\">\nTencent was ordered to remove the exclusive copyright of online music\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\">2021-07-24 10:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p>\n<p>This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p>\n<p>Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151500518","content_text":"The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.\nThis case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.\nTencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.","news_type":1,"symbols_score_info":{"00700":0.9,"TME":0.9}},"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177093385,"gmtCreate":1627163511047,"gmtModify":1633767630067,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like it","listText":"Like it","text":"Like it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/177093385","repostId":"1181195967","repostType":4,"isVote":1,"tweetType":1,"viewCount":657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177093093,"gmtCreate":1627163495712,"gmtModify":1633767630312,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like bck","listText":"Like bck","text":"Like bck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/177093093","repostId":"1109439356","repostType":4,"isVote":1,"tweetType":1,"viewCount":642,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175604144,"gmtCreate":1627027504888,"gmtModify":1633768663498,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like!!","listText":"Like!!","text":"Like!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/175604144","repostId":"1162854407","repostType":4,"isVote":1,"tweetType":1,"viewCount":488,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175605373,"gmtCreate":1627027475292,"gmtModify":1633768663943,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/175605373","repostId":"1164478982","repostType":4,"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175602665,"gmtCreate":1627027462957,"gmtModify":1633768664528,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like me","listText":"Like me","text":"Like me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/175602665","repostId":"1156994421","repostType":4,"repost":{"id":"1156994421","kind":"news","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":1627027221,"share":"https://www.laohu8.com/m/news/1156994421?lang=&edition=full","pubTime":"2021-07-23 16:00","market":"us","language":"en","title":"Apple To Remove Popular DOS Emulator That Let iPhone Users Play Classic Games","url":"https://stock-news.laohu8.com/highlight/detail?id=1156994421","media":"Benzinga","summary":"Apple Inc told the developer of an application that allows users to emulate the retro Disk Operating","content":"<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> </b><b>Inc</b>&nbsp;told the developer of an application that allows users to emulate the retro Disk Operating System, or DOS, that their app would be removed from the tech giant’s marketplace for allegedly breaking guidelines.</p>\n<p><b>What Happened:</b>&nbsp;Chaoji Li&nbsp;— the developer of the emulator that can be used for playing DOS games among other use cases — recounted his experience with the Tim Cook-led company in a detailedblog post, firstnotedon AppleInsider.</p>\n<p>Apple's main gripe, according to the blog post, appears to be the fact that the app “executes iDOS package and image files and allows iTunes File Sharing and Files support for importing games. Executing code can introduce or changes features or functionality of the app and allows for downloading of content without licensing.’</p>\n<p>Li claims that they had disclosed the file-sharing access functionality to Apple reviewers in&nbsp;update notes.</p>\n<p>The developer wrote that it would not be possible to cut critical functionalities of iDOS2 in order to be in compliance with Apple’s policy.</p>\n<p>“That would be a betrayal to all the users that have purchased this app specifically for those features.”</p>\n<p><b>Why It Matters:</b>&nbsp;As of press time, Benzinga confirmed that iDOS2 was available for sale in both Apple’s Japan and India stores.</p>\n<p>As per the iDOS2 developer, existing users should be able to download the app from purchased history but should users encounter a message that says “removed by developer,” it wasn't&nbsp;Li's&nbsp;doing.</p>\n<p>The App Store has been the center of controversy after Apple and&nbsp;<b>Alphabet Inc</b>&nbsp;GOOGL&nbsp;GOOGremoved Epic Games’ Fortnite from their respective marketplaces forviolating guidelines surrounding in-app purchasesin August last year.</p>\n<p>The controversy also enveloped&nbsp;<b>Microsoft Corporation</b>&nbsp;which in Maydefended <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its executivesthat testified on behalf of Epic.</p>\n<p>The iPhone maker is alsofacing antitrust investigationsin Germany for its anti-competitive practices surrounding the App Store</p>\n<p><b>Price Action:</b>&nbsp;On Thursday, Apple shares closed nearly 1% higher at $146.80 and rose almost 0.3% in the after-hours trading.</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>Apple To Remove Popular DOS Emulator That Let iPhone Users Play Classic Games</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple To Remove Popular DOS Emulator That Let iPhone Users Play Classic Games\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\">2021-07-23 16:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> </b><b>Inc</b>&nbsp;told the developer of an application that allows users to emulate the retro Disk Operating System, or DOS, that their app would be removed from the tech giant’s marketplace for allegedly breaking guidelines.</p>\n<p><b>What Happened:</b>&nbsp;Chaoji Li&nbsp;— the developer of the emulator that can be used for playing DOS games among other use cases — recounted his experience with the Tim Cook-led company in a detailedblog post, firstnotedon AppleInsider.</p>\n<p>Apple's main gripe, according to the blog post, appears to be the fact that the app “executes iDOS package and image files and allows iTunes File Sharing and Files support for importing games. Executing code can introduce or changes features or functionality of the app and allows for downloading of content without licensing.’</p>\n<p>Li claims that they had disclosed the file-sharing access functionality to Apple reviewers in&nbsp;update notes.</p>\n<p>The developer wrote that it would not be possible to cut critical functionalities of iDOS2 in order to be in compliance with Apple’s policy.</p>\n<p>“That would be a betrayal to all the users that have purchased this app specifically for those features.”</p>\n<p><b>Why It Matters:</b>&nbsp;As of press time, Benzinga confirmed that iDOS2 was available for sale in both Apple’s Japan and India stores.</p>\n<p>As per the iDOS2 developer, existing users should be able to download the app from purchased history but should users encounter a message that says “removed by developer,” it wasn't&nbsp;Li's&nbsp;doing.</p>\n<p>The App Store has been the center of controversy after Apple and&nbsp;<b>Alphabet Inc</b>&nbsp;GOOGL&nbsp;GOOGremoved Epic Games’ Fortnite from their respective marketplaces forviolating guidelines surrounding in-app purchasesin August last year.</p>\n<p>The controversy also enveloped&nbsp;<b>Microsoft Corporation</b>&nbsp;which in Maydefended <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its executivesthat testified on behalf of Epic.</p>\n<p>The iPhone maker is alsofacing antitrust investigationsin Germany for its anti-competitive practices surrounding the App Store</p>\n<p><b>Price Action:</b>&nbsp;On Thursday, Apple shares closed nearly 1% higher at $146.80 and rose almost 0.3% in the after-hours trading.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","03086":"华夏纳指","BPOP":"大众银行","09086":"华夏纳指-U"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156994421","content_text":"Apple Inc told the developer of an application that allows users to emulate the retro Disk Operating System, or DOS, that their app would be removed from the tech giant’s marketplace for allegedly breaking guidelines.\nWhat Happened: Chaoji Li — the developer of the emulator that can be used for playing DOS games among other use cases — recounted his experience with the Tim Cook-led company in a detailedblog post, firstnotedon AppleInsider.\nApple's main gripe, according to the blog post, appears to be the fact that the app “executes iDOS package and image files and allows iTunes File Sharing and Files support for importing games. Executing code can introduce or changes features or functionality of the app and allows for downloading of content without licensing.’\nLi claims that they had disclosed the file-sharing access functionality to Apple reviewers in update notes.\nThe developer wrote that it would not be possible to cut critical functionalities of iDOS2 in order to be in compliance with Apple’s policy.\n“That would be a betrayal to all the users that have purchased this app specifically for those features.”\nWhy It Matters: As of press time, Benzinga confirmed that iDOS2 was available for sale in both Apple’s Japan and India stores.\nAs per the iDOS2 developer, existing users should be able to download the app from purchased history but should users encounter a message that says “removed by developer,” it wasn't Li's doing.\nThe App Store has been the center of controversy after Apple and Alphabet Inc GOOGL GOOGremoved Epic Games’ Fortnite from their respective marketplaces forviolating guidelines surrounding in-app purchasesin August last year.\nThe controversy also enveloped Microsoft Corporation which in Maydefended one of its executivesthat testified on behalf of Epic.\nThe iPhone maker is alsofacing antitrust investigationsin Germany for its anti-competitive practices surrounding the App Store\nPrice Action: On Thursday, Apple shares closed nearly 1% higher at $146.80 and rose almost 0.3% in the after-hours trading.","news_type":1,"symbols_score_info":{"03086":0.9,"09086":0.9,"AAPL":0.9,"BPOP":0.9}},"isVote":1,"tweetType":1,"viewCount":435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172615533,"gmtCreate":1626958498022,"gmtModify":1633769398549,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/172615533","repostId":"1125518042","repostType":4,"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172615038,"gmtCreate":1626958467724,"gmtModify":1633769399016,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Diedie","listText":"Diedie","text":"Diedie","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/172615038","repostId":"1127427732","repostType":4,"repost":{"id":"1127427732","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":1626954531,"share":"https://www.laohu8.com/m/news/1127427732?lang=&edition=full","pubTime":"2021-07-22 19:48","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1127427732","media":"Tiger Newspress","summary":"(Julr 22) Stock futures advanced on Thursday, with investors looking to earnings and data for impetu","content":"<p>(Julr&nbsp;22)&nbsp;Stock futures advanced on Thursday, with investors looking to earnings and data for impetus to extend a 2-day rally that wiped out losses sustained during the worst trading day of 2021.</p>\n<p>At 7:54 a.m. ET, Dow E-minis were up 47 points, or 0.14%, S&amp;P 500 E-minis were up 6.5&nbsp;points, or 0.15% and Nasdaq 100 E-minis rose 28.75 points, or 0.19%.&nbsp;</p>\n<p><img src=\"https://static.tigerbbs.com/6f0ee7363c9fe8efde482515ffff79ac\" tg-width=\"1242\" tg-height=\"538\" referrerpolicy=\"no-referrer\">The turnaround from the Monday selloff shows “corporations have been very resilient through all this,”&nbsp;David Mazza, Direxion head of product, said on Bloomberg Television. “Earnings estimates are quite remarkable, probably some of the best on record. Even through all this, we have central-bank liquidity remaining very abundant, economic growth being robust.”</p>\n<p>Energy and mega-cap tech stocks gained ahead of a new batch of earnings reports, the latest initial claims data and the first ECB meeting to incorporate the bank's new strategic review.&nbsp;Energy stocks Chevron Corp, Exxon Mobil, Schlumberger NV, Occidental Petroleum and Marathon Petroleum Corp climbed between 0.1% and 1%, tracking crude prices.</p>\n<p>Some other notable pre-market movers:</p>\n<ul>\n <li>Didi Global (DIDI) drops 3% in&nbsp;premarket&nbsp;trading after people familiar with the matter said Chinese regulators are considering serious, perhaps unprecedented, penalties for for the ride-hailing giant after its controversial initial public offering last month.</li>\n <li>Texas Instruments (TXN) drops 4.8% after third-quarter sales and profit forecasts left analysts disappointed, with Barclays saying the “flat outlook leaves little to live for this late in the cycle.”</li>\n <li>AT&amp;T (T) added 0.9% as the telecom operator beat analysts’ estimates for monthly phone bill paying subscriber additions in the second quarter, fueled by more Americans converting to 5G phones.</li>\n <li>Dow (DOW) rose 1.3% after its second-quarter profit doubled from the first, as prices for its chemicals used in plastics and packaging rose on the back of strong consumer and industrial demand as well as lower inventories.</li>\n <li><a href=\"https://laohu8.com/S/CEMI\">Chembio Diagnostics</a> (CEMI) gains 9.9% and <a href=\"https://laohu8.com/S/NURO\">NeuroMetrix</a> (NURO) surges 33% amid discussions on message boards at Reddit and StockTwits.</li>\n</ul>\n<p>Elsewhere, the Labor Department’s report, due at 8:30 a.m. ET, is expected to show the number of Americans filing new claims for unemployment benefits fell to 350K (from 360K) for the week ended July 17, amid rampant worker shortages. Investors have been closely following the health of the jobs market on which monetary policy hinges, especially after a series of higher inflation reading recently sparked fears about a sooner-than expected paring of policy support as the economy reopens.</p>\n<p>Bitcoin briefly rose above $32,000 after getting a boost from Elon Musk, who said his space exploration company SpaceX owns the digital token.</p>\n<p>In commodities oil hung on to most of Wednesday's sharp price rise, its biggest one-day gain in three months. Brent crude futures were last 0.4% softer at $71.94 a barrel, but had gained more than 4% on Wednesday. Gold was steady at $1,801 an ounce and cryptocurrencies were firm after bouncing from lows when Tesla boss Elon Musk said the carmaker would likely restart accepting bitcoin payments after due diligence on its energy use.</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 Thursday</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\">\nToplines Before US Market Open on Thursday\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\">2021-07-22 19:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Julr&nbsp;22)&nbsp;Stock futures advanced on Thursday, with investors looking to earnings and data for impetus to extend a 2-day rally that wiped out losses sustained during the worst trading day of 2021.</p>\n<p>At 7:54 a.m. ET, Dow E-minis were up 47 points, or 0.14%, S&amp;P 500 E-minis were up 6.5&nbsp;points, or 0.15% and Nasdaq 100 E-minis rose 28.75 points, or 0.19%.&nbsp;</p>\n<p><img src=\"https://static.tigerbbs.com/6f0ee7363c9fe8efde482515ffff79ac\" tg-width=\"1242\" tg-height=\"538\" referrerpolicy=\"no-referrer\">The turnaround from the Monday selloff shows “corporations have been very resilient through all this,”&nbsp;David Mazza, Direxion head of product, said on Bloomberg Television. “Earnings estimates are quite remarkable, probably some of the best on record. Even through all this, we have central-bank liquidity remaining very abundant, economic growth being robust.”</p>\n<p>Energy and mega-cap tech stocks gained ahead of a new batch of earnings reports, the latest initial claims data and the first ECB meeting to incorporate the bank's new strategic review.&nbsp;Energy stocks Chevron Corp, Exxon Mobil, Schlumberger NV, Occidental Petroleum and Marathon Petroleum Corp climbed between 0.1% and 1%, tracking crude prices.</p>\n<p>Some other notable pre-market movers:</p>\n<ul>\n <li>Didi Global (DIDI) drops 3% in&nbsp;premarket&nbsp;trading after people familiar with the matter said Chinese regulators are considering serious, perhaps unprecedented, penalties for for the ride-hailing giant after its controversial initial public offering last month.</li>\n <li>Texas Instruments (TXN) drops 4.8% after third-quarter sales and profit forecasts left analysts disappointed, with Barclays saying the “flat outlook leaves little to live for this late in the cycle.”</li>\n <li>AT&amp;T (T) added 0.9% as the telecom operator beat analysts’ estimates for monthly phone bill paying subscriber additions in the second quarter, fueled by more Americans converting to 5G phones.</li>\n <li>Dow (DOW) rose 1.3% after its second-quarter profit doubled from the first, as prices for its chemicals used in plastics and packaging rose on the back of strong consumer and industrial demand as well as lower inventories.</li>\n <li><a href=\"https://laohu8.com/S/CEMI\">Chembio Diagnostics</a> (CEMI) gains 9.9% and <a href=\"https://laohu8.com/S/NURO\">NeuroMetrix</a> (NURO) surges 33% amid discussions on message boards at Reddit and StockTwits.</li>\n</ul>\n<p>Elsewhere, the Labor Department’s report, due at 8:30 a.m. ET, is expected to show the number of Americans filing new claims for unemployment benefits fell to 350K (from 360K) for the week ended July 17, amid rampant worker shortages. Investors have been closely following the health of the jobs market on which monetary policy hinges, especially after a series of higher inflation reading recently sparked fears about a sooner-than expected paring of policy support as the economy reopens.</p>\n<p>Bitcoin briefly rose above $32,000 after getting a boost from Elon Musk, who said his space exploration company SpaceX owns the digital token.</p>\n<p>In commodities oil hung on to most of Wednesday's sharp price rise, its biggest one-day gain in three months. Brent crude futures were last 0.4% softer at $71.94 a barrel, but had gained more than 4% on Wednesday. Gold was steady at $1,801 an ounce and cryptocurrencies were firm after bouncing from lows when Tesla boss Elon Musk said the carmaker would likely restart accepting bitcoin payments after due diligence on its energy use.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127427732","content_text":"(Julr 22) Stock futures advanced on Thursday, with investors looking to earnings and data for impetus to extend a 2-day rally that wiped out losses sustained during the worst trading day of 2021.\nAt 7:54 a.m. ET, Dow E-minis were up 47 points, or 0.14%, S&P 500 E-minis were up 6.5 points, or 0.15% and Nasdaq 100 E-minis rose 28.75 points, or 0.19%. \nThe turnaround from the Monday selloff shows “corporations have been very resilient through all this,” David Mazza, Direxion head of product, said on Bloomberg Television. “Earnings estimates are quite remarkable, probably some of the best on record. Even through all this, we have central-bank liquidity remaining very abundant, economic growth being robust.”\nEnergy and mega-cap tech stocks gained ahead of a new batch of earnings reports, the latest initial claims data and the first ECB meeting to incorporate the bank's new strategic review. Energy stocks Chevron Corp, Exxon Mobil, Schlumberger NV, Occidental Petroleum and Marathon Petroleum Corp climbed between 0.1% and 1%, tracking crude prices.\nSome other notable pre-market movers:\n\nDidi Global (DIDI) drops 3% in premarket trading after people familiar with the matter said Chinese regulators are considering serious, perhaps unprecedented, penalties for for the ride-hailing giant after its controversial initial public offering last month.\nTexas Instruments (TXN) drops 4.8% after third-quarter sales and profit forecasts left analysts disappointed, with Barclays saying the “flat outlook leaves little to live for this late in the cycle.”\nAT&T (T) added 0.9% as the telecom operator beat analysts’ estimates for monthly phone bill paying subscriber additions in the second quarter, fueled by more Americans converting to 5G phones.\nDow (DOW) rose 1.3% after its second-quarter profit doubled from the first, as prices for its chemicals used in plastics and packaging rose on the back of strong consumer and industrial demand as well as lower inventories.\nChembio Diagnostics (CEMI) gains 9.9% and NeuroMetrix (NURO) surges 33% amid discussions on message boards at Reddit and StockTwits.\n\nElsewhere, the Labor Department’s report, due at 8:30 a.m. ET, is expected to show the number of Americans filing new claims for unemployment benefits fell to 350K (from 360K) for the week ended July 17, amid rampant worker shortages. Investors have been closely following the health of the jobs market on which monetary policy hinges, especially after a series of higher inflation reading recently sparked fears about a sooner-than expected paring of policy support as the economy reopens.\nBitcoin briefly rose above $32,000 after getting a boost from Elon Musk, who said his space exploration company SpaceX owns the digital token.\nIn commodities oil hung on to most of Wednesday's sharp price rise, its biggest one-day gain in three months. Brent crude futures were last 0.4% softer at $71.94 a barrel, but had gained more than 4% on Wednesday. Gold was steady at $1,801 an ounce and cryptocurrencies were firm after bouncing from lows when Tesla boss Elon Musk said the carmaker would likely restart accepting bitcoin payments after due diligence on its energy use.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176078420,"gmtCreate":1626850133260,"gmtModify":1633770416626,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Lame bozos","listText":"Lame bozos","text":"Lame bozos","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/176078420","repostId":"1134720097","repostType":4,"isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":175602665,"gmtCreate":1627027462957,"gmtModify":1633768664528,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like me","listText":"Like me","text":"Like me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/175602665","repostId":"1156994421","repostType":4,"repost":{"id":"1156994421","kind":"news","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":1627027221,"share":"https://www.laohu8.com/m/news/1156994421?lang=&edition=full","pubTime":"2021-07-23 16:00","market":"us","language":"en","title":"Apple To Remove Popular DOS Emulator That Let iPhone Users Play Classic Games","url":"https://stock-news.laohu8.com/highlight/detail?id=1156994421","media":"Benzinga","summary":"Apple Inc told the developer of an application that allows users to emulate the retro Disk Operating","content":"<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> </b><b>Inc</b>&nbsp;told the developer of an application that allows users to emulate the retro Disk Operating System, or DOS, that their app would be removed from the tech giant’s marketplace for allegedly breaking guidelines.</p>\n<p><b>What Happened:</b>&nbsp;Chaoji Li&nbsp;— the developer of the emulator that can be used for playing DOS games among other use cases — recounted his experience with the Tim Cook-led company in a detailedblog post, firstnotedon AppleInsider.</p>\n<p>Apple's main gripe, according to the blog post, appears to be the fact that the app “executes iDOS package and image files and allows iTunes File Sharing and Files support for importing games. Executing code can introduce or changes features or functionality of the app and allows for downloading of content without licensing.’</p>\n<p>Li claims that they had disclosed the file-sharing access functionality to Apple reviewers in&nbsp;update notes.</p>\n<p>The developer wrote that it would not be possible to cut critical functionalities of iDOS2 in order to be in compliance with Apple’s policy.</p>\n<p>“That would be a betrayal to all the users that have purchased this app specifically for those features.”</p>\n<p><b>Why It Matters:</b>&nbsp;As of press time, Benzinga confirmed that iDOS2 was available for sale in both Apple’s Japan and India stores.</p>\n<p>As per the iDOS2 developer, existing users should be able to download the app from purchased history but should users encounter a message that says “removed by developer,” it wasn't&nbsp;Li's&nbsp;doing.</p>\n<p>The App Store has been the center of controversy after Apple and&nbsp;<b>Alphabet Inc</b>&nbsp;GOOGL&nbsp;GOOGremoved Epic Games’ Fortnite from their respective marketplaces forviolating guidelines surrounding in-app purchasesin August last year.</p>\n<p>The controversy also enveloped&nbsp;<b>Microsoft Corporation</b>&nbsp;which in Maydefended <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its executivesthat testified on behalf of Epic.</p>\n<p>The iPhone maker is alsofacing antitrust investigationsin Germany for its anti-competitive practices surrounding the App Store</p>\n<p><b>Price Action:</b>&nbsp;On Thursday, Apple shares closed nearly 1% higher at $146.80 and rose almost 0.3% in the after-hours trading.</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>Apple To Remove Popular DOS Emulator That Let iPhone Users Play Classic Games</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple To Remove Popular DOS Emulator That Let iPhone Users Play Classic Games\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\">2021-07-23 16:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> </b><b>Inc</b>&nbsp;told the developer of an application that allows users to emulate the retro Disk Operating System, or DOS, that their app would be removed from the tech giant’s marketplace for allegedly breaking guidelines.</p>\n<p><b>What Happened:</b>&nbsp;Chaoji Li&nbsp;— the developer of the emulator that can be used for playing DOS games among other use cases — recounted his experience with the Tim Cook-led company in a detailedblog post, firstnotedon AppleInsider.</p>\n<p>Apple's main gripe, according to the blog post, appears to be the fact that the app “executes iDOS package and image files and allows iTunes File Sharing and Files support for importing games. Executing code can introduce or changes features or functionality of the app and allows for downloading of content without licensing.’</p>\n<p>Li claims that they had disclosed the file-sharing access functionality to Apple reviewers in&nbsp;update notes.</p>\n<p>The developer wrote that it would not be possible to cut critical functionalities of iDOS2 in order to be in compliance with Apple’s policy.</p>\n<p>“That would be a betrayal to all the users that have purchased this app specifically for those features.”</p>\n<p><b>Why It Matters:</b>&nbsp;As of press time, Benzinga confirmed that iDOS2 was available for sale in both Apple’s Japan and India stores.</p>\n<p>As per the iDOS2 developer, existing users should be able to download the app from purchased history but should users encounter a message that says “removed by developer,” it wasn't&nbsp;Li's&nbsp;doing.</p>\n<p>The App Store has been the center of controversy after Apple and&nbsp;<b>Alphabet Inc</b>&nbsp;GOOGL&nbsp;GOOGremoved Epic Games’ Fortnite from their respective marketplaces forviolating guidelines surrounding in-app purchasesin August last year.</p>\n<p>The controversy also enveloped&nbsp;<b>Microsoft Corporation</b>&nbsp;which in Maydefended <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its executivesthat testified on behalf of Epic.</p>\n<p>The iPhone maker is alsofacing antitrust investigationsin Germany for its anti-competitive practices surrounding the App Store</p>\n<p><b>Price Action:</b>&nbsp;On Thursday, Apple shares closed nearly 1% higher at $146.80 and rose almost 0.3% in the after-hours trading.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","03086":"华夏纳指","BPOP":"大众银行","09086":"华夏纳指-U"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156994421","content_text":"Apple Inc told the developer of an application that allows users to emulate the retro Disk Operating System, or DOS, that their app would be removed from the tech giant’s marketplace for allegedly breaking guidelines.\nWhat Happened: Chaoji Li — the developer of the emulator that can be used for playing DOS games among other use cases — recounted his experience with the Tim Cook-led company in a detailedblog post, firstnotedon AppleInsider.\nApple's main gripe, according to the blog post, appears to be the fact that the app “executes iDOS package and image files and allows iTunes File Sharing and Files support for importing games. Executing code can introduce or changes features or functionality of the app and allows for downloading of content without licensing.’\nLi claims that they had disclosed the file-sharing access functionality to Apple reviewers in update notes.\nThe developer wrote that it would not be possible to cut critical functionalities of iDOS2 in order to be in compliance with Apple’s policy.\n“That would be a betrayal to all the users that have purchased this app specifically for those features.”\nWhy It Matters: As of press time, Benzinga confirmed that iDOS2 was available for sale in both Apple’s Japan and India stores.\nAs per the iDOS2 developer, existing users should be able to download the app from purchased history but should users encounter a message that says “removed by developer,” it wasn't Li's doing.\nThe App Store has been the center of controversy after Apple and Alphabet Inc GOOGL GOOGremoved Epic Games’ Fortnite from their respective marketplaces forviolating guidelines surrounding in-app purchasesin August last year.\nThe controversy also enveloped Microsoft Corporation which in Maydefended one of its executivesthat testified on behalf of Epic.\nThe iPhone maker is alsofacing antitrust investigationsin Germany for its anti-competitive practices surrounding the App Store\nPrice Action: On Thursday, Apple shares closed nearly 1% higher at $146.80 and rose almost 0.3% in the after-hours trading.","news_type":1,"symbols_score_info":{"03086":0.9,"09086":0.9,"AAPL":0.9,"BPOP":0.9}},"isVote":1,"tweetType":1,"viewCount":435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800314405,"gmtCreate":1627277992007,"gmtModify":1633766573778,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/800314405","repostId":"1100772026","repostType":4,"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803198754,"gmtCreate":1627427134578,"gmtModify":1633765219200,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like pls thx","listText":"Like pls thx","text":"Like pls thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/803198754","repostId":"1155220013","repostType":4,"repost":{"id":"1155220013","kind":"news","pubTimestamp":1627426975,"share":"https://www.laohu8.com/m/news/1155220013?lang=&edition=full","pubTime":"2021-07-28 07:02","market":"us","language":"en","title":"Microsoft scores record quarterly profit on cloud boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1155220013","media":"Reuters","summary":"(Reuters) -Microsoft Corp posted its most profitable quarter on Tuesday, beating Wall Street expecta","content":"<p>(Reuters) -Microsoft Corp posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as demand soared for the software giant’s cloud-based services.</p>\n<p>Its shares rose&nbsp;nearly 1% in after-hours trading, following the company’s year-to-date run of 30% that left investors with high expectations for the quarter.</p>\n<p>The pandemic-driven shift to remote work has boosted consumer appetite for cloud-based computing, helping companies including Microsoft, Amazon.com Inc’s cloud unit and Alphabet Inc’s Google Cloud.</p>\n<p>Revenue in its “Intelligent Cloud” segment rose 30% to $17.4 billion, with 51% growth in its Azure cloud-computing business, in the fourth quarter ended June 30. Analysts had expected 43.1% growth in Azure, according to consensus data from Visible Alpha.</p>\n<p>“It’s a very impressive report from Microsoft with the company easily surpassing expectations on the performance of almost all business units,” said Haris Anwar, senior analyst at Investing.com.</p>\n<p>He noted Azure’s growth and strong demand for the company’s legacy Office and software products.</p>\n<p>“That said, Microsoft’s stock has made a big run since the beginning of the pandemic, and is trading at rich multiples,” Anwar said. “After such a powerful rally, its shares may take a breather, especially when investors are still unclear how the demand scenario will evolve in the post-pandemic environment.”</p>\n<p>Microsoft’s market capitalization stands at nearly $2.2 trillion, fueling concerns among some analysts that it may be overvalued. The stock has climbed nearly 30% so far this year, compared with 18% for the overall S&amp;P 500 Index, according to Refinitiv Eikon data based on Monday’s closing price.</p>\n<p>Revenue from personal computing, which includes Windows software and Xbox gaming consoles, rose 9% to $14.1 billion.</p>\n<p>But Xbox content and services revenue dipped, suggesting that a pandemic-fueled gaming boom is beginning to wane, said Paolo Pescatore, an analyst at PP Foresight. The company must strengthen its presence in the home to better compete with rivals, he added.</p>\n<p>Some Microsoft hardware lines were affected by a shortage of components such as chips, said Kyle Vikstrom, director of Microsoft investor relations. Makers of cars to smartphones have grappled with an unprecedented chip shortage in recent quarters.</p>\n<p>“We are seeing supply chain constraints that are impacting Windows OEM and Surface ... and also impacting Xbox consoles,” she said.</p>\n<p>The chip shortage could also be contributing to Microsoft’s dip in Xbox content and services revenue, as constrained hardware sales lead to a weaker performance in services, said Daniel Ives of Wedbush Securities.</p>\n<p>“If there’s any lagging part of Microsoft, it’s the consumer piece,” he said. “I think that continues to be a work in progress.”</p>\n<p>Revenue rose 21% to $46.2 billion, beating analysts’ consensus estimate of $44.24 billion, according to IBES data from Refinitiv. The company reported earnings of $2.17 per share, above the consensus estimate of $1.92.</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>Microsoft scores record quarterly profit on cloud boost</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\">\nMicrosoft scores record quarterly profit on cloud boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 07:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/microsoft-results/update-3-microsoft-scores-record-quarterly-profit-on-cloud-boost-idUSL4N2P33TQ><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Microsoft Corp posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as demand soared for the software giant’s cloud-based services.\nIts ...</p>\n\n<a href=\"https://www.reuters.com/article/microsoft-results/update-3-microsoft-scores-record-quarterly-profit-on-cloud-boost-idUSL4N2P33TQ\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.reuters.com/article/microsoft-results/update-3-microsoft-scores-record-quarterly-profit-on-cloud-boost-idUSL4N2P33TQ","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155220013","content_text":"(Reuters) -Microsoft Corp posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as demand soared for the software giant’s cloud-based services.\nIts shares rose nearly 1% in after-hours trading, following the company’s year-to-date run of 30% that left investors with high expectations for the quarter.\nThe pandemic-driven shift to remote work has boosted consumer appetite for cloud-based computing, helping companies including Microsoft, Amazon.com Inc’s cloud unit and Alphabet Inc’s Google Cloud.\nRevenue in its “Intelligent Cloud” segment rose 30% to $17.4 billion, with 51% growth in its Azure cloud-computing business, in the fourth quarter ended June 30. Analysts had expected 43.1% growth in Azure, according to consensus data from Visible Alpha.\n“It’s a very impressive report from Microsoft with the company easily surpassing expectations on the performance of almost all business units,” said Haris Anwar, senior analyst at Investing.com.\nHe noted Azure’s growth and strong demand for the company’s legacy Office and software products.\n“That said, Microsoft’s stock has made a big run since the beginning of the pandemic, and is trading at rich multiples,” Anwar said. “After such a powerful rally, its shares may take a breather, especially when investors are still unclear how the demand scenario will evolve in the post-pandemic environment.”\nMicrosoft’s market capitalization stands at nearly $2.2 trillion, fueling concerns among some analysts that it may be overvalued. The stock has climbed nearly 30% so far this year, compared with 18% for the overall S&P 500 Index, according to Refinitiv Eikon data based on Monday’s closing price.\nRevenue from personal computing, which includes Windows software and Xbox gaming consoles, rose 9% to $14.1 billion.\nBut Xbox content and services revenue dipped, suggesting that a pandemic-fueled gaming boom is beginning to wane, said Paolo Pescatore, an analyst at PP Foresight. The company must strengthen its presence in the home to better compete with rivals, he added.\nSome Microsoft hardware lines were affected by a shortage of components such as chips, said Kyle Vikstrom, director of Microsoft investor relations. Makers of cars to smartphones have grappled with an unprecedented chip shortage in recent quarters.\n“We are seeing supply chain constraints that are impacting Windows OEM and Surface ... and also impacting Xbox consoles,” she said.\nThe chip shortage could also be contributing to Microsoft’s dip in Xbox content and services revenue, as constrained hardware sales lead to a weaker performance in services, said Daniel Ives of Wedbush Securities.\n“If there’s any lagging part of Microsoft, it’s the consumer piece,” he said. “I think that continues to be a work in progress.”\nRevenue rose 21% to $46.2 billion, beating analysts’ consensus estimate of $44.24 billion, according to IBES data from Refinitiv. The company reported earnings of $2.17 per share, above the consensus estimate of $1.92.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173329610,"gmtCreate":1626619230530,"gmtModify":1633925460562,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like back !!!","listText":"Like back !!!","text":"Like back 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niggy","listText":"Lmaoo niggy","text":"Lmaoo niggy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/173320910","repostId":"2152968147","repostType":4,"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809281296,"gmtCreate":1627372906915,"gmtModify":1633765632123,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like yo netflixker","listText":"Like yo netflixker","text":"Like yo netflixker","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/809281296","repostId":"1154159969","repostType":4,"repost":{"id":"1154159969","kind":"news","pubTimestamp":1627372017,"share":"https://www.laohu8.com/m/news/1154159969?lang=&edition=full","pubTime":"2021-07-27 15:46","market":"us","language":"en","title":"Netflix: Calculating Its Intrinsic Value","url":"https://stock-news.laohu8.com/highlight/detail?id=1154159969","media":"seekingalpha","summary":"Summary\n\nOur forecasts are based purely on fundamentals.\nWe expect Netflix to see margin expansion g","content":"<p>Summary</p>\n<ul>\n <li>Our forecasts are based purely on fundamentals.</li>\n <li>We expect Netflix to see margin expansion going forward.</li>\n <li>Netflix is undervalued under current market conditions.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7a06802a1c9fe18b04bc7c3eae704b91\" tg-width=\"1536\" tg-height=\"1022\" width=\"100%\" height=\"auto\"><span>Pascal Le Segretain/Getty Images News</span></p>\n<p>Netflix Inc (NFLX) has the potential to perform well. However, we highlight what you need to consider before jumping into the stock. We base our forecast purely on the company's fundamentals. By doing so, we are able to point to the specific growth drivers rooted in numbers as opposed to perceived potential. In addition, we believe that Netflix's margins will expand going forward. Using the fundamentals allows us to more reasonably estimate the company's margin expansion.</p>\n<p><b>Valuation</b></p>\n<p>Forecasting is not easy and it's difficult to be precise. However, the point of forecasting is not to be right but to be reasonable. Our projections are based on the company's fundamentals. We try to determine what growth rates the company can fundamentally sustain up until 2025.</p>\n<p>We will begin with the growth rate we expect for fiscal year 2021. The first thing we need is to determine what will constitute as reinvestment. For Netflix, it will be research and development, marketing, capital expenditures, net investment in content, and change in net working capital.</p>\n<p>Please note that we measure net investment in content as the cash spent on developing content subtracted by the amortization of previously developed content. Our assumption is that the amortized amount is the \"maintenance content\" needed to maintain the interest of current users and doesn't contribute to growth. The net investment in content is what we consider the \"growth content\" that contributes to attracting new users or justifying price increases.</p>\n<p>In addition, that depreciation and amortization expense is subtracted from the reinvestment rate as it is used as a proxy for maintenance capex that does not contribute to growth.</p>\n<p>The next step is to find the revenue-to-capital ratio. This measures how much revenue a company generates for each dollar in capital. Once we have both numbers, we multiply them to calculate the fundamental growth rate.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f1190d7305518113889190a4e5d4e177\" tg-width=\"354\" tg-height=\"462\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p>In the picture above, we see that the reinvestment rate was 21.44% of revenue and revenue to capital was 93.39%. Therefore, the fundamental growth rate for fiscal year 2021 equals 20.02%. This is slightly above analysts' expectations but by very little.</p>\n<p>The next step is to determine the degree of operating leverage, which is a multiple that measures how much the operating income of a company will change in response to a change in sales. Netflix has had a ratio of over 2 over the past several years. To be conservative, we will use 2 and reduce it each year. In addition, we did the same thing with gross margins using a starting point of 1.08.</p>\n<p>As the EBIT margin increases, the reinvestment rate decreases because R&amp;D and marketing expenses become a smaller percentage of revenue, resulting in a slowdown of growth. We measure this slowdown by setting R&amp;D and marketing to 70% of total operating expenses (percentage in fiscal year 2020). We then calculate the future fundamental growth rates with the projected numbers as follows:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8251e55395490f4c6d6347fef3a9a08f\" tg-width=\"640\" tg-height=\"605\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p>We used the average capital expenditure and D&amp;A margins of the last three years. Now we will input these numbers into a DCF using the company's weighted average cost of capital of 5% based on&nbsp;<b>current market conditions.</b>Please note that we grouped net content investment with capital expenditures.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cfb2441365f739f8ec307436cfd81926\" tg-width=\"640\" tg-height=\"259\" width=\"100%\" height=\"auto\"><span>Source: Author using Finbox tools</span></p>\n<p>As you can see, with a 5% discount rate, 21% tax rate, 2% terminal growth rate, and a forecast based on fundamentals, the company has the potential for 24.6% upside. Of course, discount rates are always changing and not everyone likes to use current discount rates. Therefore, we made the chart below to demonstrate the fair value at each discount rate and terminal growth rate:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e8a824dfed49d58dacb3f22cad000213\" tg-width=\"430\" tg-height=\"209\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p>As you can see, if interest rates stay low for an extended period of time, Netflix can potentially see solid upside. However, there isn't much room for changes in the discount rates, and therefore should be careful if you believe discount rates are going up.</p>\n<p><b>Checking for Consistencies in the Forecast</b></p>\n<p>Let's make sure everything makes sense in the forecast. We'll begin with revenue growth. You can see that we expect revenue growth to accelerate in 2022 before gradually decreasing in the following years. This is because we expect Netflix to increase its net content investment in 2021. The company has stated that it willincrease overall investment in contentto $17 billion, up from $11.8 billion in 2020. This consequently leads to a higher reinvestment rate and the potential to accelerate revenue growth. This seems reasonable to us because it has happened to Netflix in the past where revenue growth has accelerated.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4008559ff06f06414badc2e9f7509765\" tg-width=\"640\" tg-height=\"71\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p>In addition, the net content investment in our forecast is similar to the absolute amounts Netflix spent pre-pandemic.</p>\n<p>Furthermore, management expects free cash flow for this year to be break even or slightly higher. It's hard to say what slightly above means for the management team. Although $119 million is exactly slightly above breakeven, it is still significantly less than what it was in 2020. However, management hasn't specified whether it is unlevered or levered free cash flow and it is possible that unlevered free cash flow (which is what we used) might be higher. It is also possible that Netflix might have a stronger than expected second half. Regardless, the $119 million is immaterial to the valuation overall.</p>\n<p><b>Growth Catalysts</b></p>\n<p>An obvious growth catalyst that impacts our forecast is the company's increase in content spend. Content is the most important factor when it comes to entertainment-based businesses. Netflix can have the most technologically advanced platform in the world but, if the content is boring, then nobody would use it.</p>\n<p>In addition, although streaming has become increasingly popular, cable still accounts for the largest share of total tv time in the US:</p>\n<p><img src=\"https://static.tigerbbs.com/fa87184a65693ead5a02993493df64f9\" tg-width=\"640\" tg-height=\"434\" width=\"100%\" height=\"auto\"></p>\n<p>As you can see, the streaming market as a whole is only 27% of the total share. Despite all the talk about increasing competition, there is still plenty of room for the streaming segment to grow as a whole. Therefore, even if Netflix loses market share to other streamers, it will still be able to grow in absolute terms.</p>\n<p>Finally, Netflix's venture intovideo gamescould be beneficial if executed correctly. However, we don't have too much conviction in this idea just yet, which we talk more about in the \"risks\" section below.</p>\n<p><b>Risks</b></p>\n<p>We will begin with video games. The video game industry is very tough. With all the money that Amazon.com Inc (AMZN) generates, it hasstruggled to releasea successful game since starting the division in 2014. Likewise, Alphabet Inc (GOOG) has suffered asimilar problem. This implies that developing successful video games is not as easy as throwing money at developers and requires a certain level of specialization.</p>\n<p>Speaking of throwing money, Netflix's increased spend on content may not yield positive results if it is rushed. Thisarticledemonstrates that people can notice when projects are rushed. Although the article is from 2019, it is an important reminder that the quality of the content is likely to be more important than the quantity. If Netflix fails to deliver on quality, it could see subscriber counts drop.</p>\n<p><b>Final Thoughts</b></p>\n<p>Netflix is undervalued under current market conditions; however, it doesn't provide enough of a margin of safety if the interest/discount rates increase. Thus, although Netflix may continue to do well, we will stay on the sidelines for now.</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>Netflix: Calculating Its Intrinsic Value</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\">\nNetflix: Calculating Its Intrinsic Value\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 15:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4441533-netflix-calculating-its-intrinsic-value><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nOur forecasts are based purely on fundamentals.\nWe expect Netflix to see margin expansion going forward.\nNetflix is undervalued under current market conditions.\n\nPascal Le Segretain/Getty ...</p>\n\n<a href=\"https://seekingalpha.com/article/4441533-netflix-calculating-its-intrinsic-value\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://seekingalpha.com/article/4441533-netflix-calculating-its-intrinsic-value","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154159969","content_text":"Summary\n\nOur forecasts are based purely on fundamentals.\nWe expect Netflix to see margin expansion going forward.\nNetflix is undervalued under current market conditions.\n\nPascal Le Segretain/Getty Images News\nNetflix Inc (NFLX) has the potential to perform well. However, we highlight what you need to consider before jumping into the stock. We base our forecast purely on the company's fundamentals. By doing so, we are able to point to the specific growth drivers rooted in numbers as opposed to perceived potential. In addition, we believe that Netflix's margins will expand going forward. Using the fundamentals allows us to more reasonably estimate the company's margin expansion.\nValuation\nForecasting is not easy and it's difficult to be precise. However, the point of forecasting is not to be right but to be reasonable. Our projections are based on the company's fundamentals. We try to determine what growth rates the company can fundamentally sustain up until 2025.\nWe will begin with the growth rate we expect for fiscal year 2021. The first thing we need is to determine what will constitute as reinvestment. For Netflix, it will be research and development, marketing, capital expenditures, net investment in content, and change in net working capital.\nPlease note that we measure net investment in content as the cash spent on developing content subtracted by the amortization of previously developed content. Our assumption is that the amortized amount is the \"maintenance content\" needed to maintain the interest of current users and doesn't contribute to growth. The net investment in content is what we consider the \"growth content\" that contributes to attracting new users or justifying price increases.\nIn addition, that depreciation and amortization expense is subtracted from the reinvestment rate as it is used as a proxy for maintenance capex that does not contribute to growth.\nThe next step is to find the revenue-to-capital ratio. This measures how much revenue a company generates for each dollar in capital. Once we have both numbers, we multiply them to calculate the fundamental growth rate.\nSource: Author\nIn the picture above, we see that the reinvestment rate was 21.44% of revenue and revenue to capital was 93.39%. Therefore, the fundamental growth rate for fiscal year 2021 equals 20.02%. This is slightly above analysts' expectations but by very little.\nThe next step is to determine the degree of operating leverage, which is a multiple that measures how much the operating income of a company will change in response to a change in sales. Netflix has had a ratio of over 2 over the past several years. To be conservative, we will use 2 and reduce it each year. In addition, we did the same thing with gross margins using a starting point of 1.08.\nAs the EBIT margin increases, the reinvestment rate decreases because R&D and marketing expenses become a smaller percentage of revenue, resulting in a slowdown of growth. We measure this slowdown by setting R&D and marketing to 70% of total operating expenses (percentage in fiscal year 2020). We then calculate the future fundamental growth rates with the projected numbers as follows:\nSource: Author\nWe used the average capital expenditure and D&A margins of the last three years. Now we will input these numbers into a DCF using the company's weighted average cost of capital of 5% based on current market conditions.Please note that we grouped net content investment with capital expenditures.\nSource: Author using Finbox tools\nAs you can see, with a 5% discount rate, 21% tax rate, 2% terminal growth rate, and a forecast based on fundamentals, the company has the potential for 24.6% upside. Of course, discount rates are always changing and not everyone likes to use current discount rates. Therefore, we made the chart below to demonstrate the fair value at each discount rate and terminal growth rate:\nSource: Author\nAs you can see, if interest rates stay low for an extended period of time, Netflix can potentially see solid upside. However, there isn't much room for changes in the discount rates, and therefore should be careful if you believe discount rates are going up.\nChecking for Consistencies in the Forecast\nLet's make sure everything makes sense in the forecast. We'll begin with revenue growth. You can see that we expect revenue growth to accelerate in 2022 before gradually decreasing in the following years. This is because we expect Netflix to increase its net content investment in 2021. The company has stated that it willincrease overall investment in contentto $17 billion, up from $11.8 billion in 2020. This consequently leads to a higher reinvestment rate and the potential to accelerate revenue growth. This seems reasonable to us because it has happened to Netflix in the past where revenue growth has accelerated.\nSource: Author\nIn addition, the net content investment in our forecast is similar to the absolute amounts Netflix spent pre-pandemic.\nFurthermore, management expects free cash flow for this year to be break even or slightly higher. It's hard to say what slightly above means for the management team. Although $119 million is exactly slightly above breakeven, it is still significantly less than what it was in 2020. However, management hasn't specified whether it is unlevered or levered free cash flow and it is possible that unlevered free cash flow (which is what we used) might be higher. It is also possible that Netflix might have a stronger than expected second half. Regardless, the $119 million is immaterial to the valuation overall.\nGrowth Catalysts\nAn obvious growth catalyst that impacts our forecast is the company's increase in content spend. Content is the most important factor when it comes to entertainment-based businesses. Netflix can have the most technologically advanced platform in the world but, if the content is boring, then nobody would use it.\nIn addition, although streaming has become increasingly popular, cable still accounts for the largest share of total tv time in the US:\n\nAs you can see, the streaming market as a whole is only 27% of the total share. Despite all the talk about increasing competition, there is still plenty of room for the streaming segment to grow as a whole. Therefore, even if Netflix loses market share to other streamers, it will still be able to grow in absolute terms.\nFinally, Netflix's venture intovideo gamescould be beneficial if executed correctly. However, we don't have too much conviction in this idea just yet, which we talk more about in the \"risks\" section below.\nRisks\nWe will begin with video games. The video game industry is very tough. With all the money that Amazon.com Inc (AMZN) generates, it hasstruggled to releasea successful game since starting the division in 2014. Likewise, Alphabet Inc (GOOG) has suffered asimilar problem. This implies that developing successful video games is not as easy as throwing money at developers and requires a certain level of specialization.\nSpeaking of throwing money, Netflix's increased spend on content may not yield positive results if it is rushed. Thisarticledemonstrates that people can notice when projects are rushed. Although the article is from 2019, it is an important reminder that the quality of the content is likely to be more important than the quantity. If Netflix fails to deliver on quality, it could see subscriber counts drop.\nFinal Thoughts\nNetflix is undervalued under current market conditions; however, it doesn't provide enough of a margin of safety if the interest/discount rates increase. Thus, although Netflix may continue to do well, we will stay on the sidelines for now.","news_type":1,"symbols_score_info":{"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":1418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177093162,"gmtCreate":1627163527056,"gmtModify":1633767629946,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like diz","listText":"Like diz","text":"Like diz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/177093162","repostId":"1151500518","repostType":4,"repost":{"id":"1151500518","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":1627092269,"share":"https://www.laohu8.com/m/news/1151500518?lang=&edition=full","pubTime":"2021-07-24 10:04","market":"us","language":"en","title":"Tencent was ordered to remove the exclusive copyright of online music","url":"https://stock-news.laohu8.com/highlight/detail?id=1151500518","media":"Tiger Newspress","summary":"The China market supervision administration made an administrative punishment decision according to ","content":"<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p>\n<p>This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p>\n<p>Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</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>Tencent was ordered to remove the exclusive copyright of online music</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\">\nTencent was ordered to remove the exclusive copyright of online music\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\">2021-07-24 10:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p>\n<p>This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p>\n<p>Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151500518","content_text":"The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.\nThis case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.\nTencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.","news_type":1,"symbols_score_info":{"00700":0.9,"TME":0.9}},"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176078683,"gmtCreate":1626850112842,"gmtModify":1633770416971,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like tis","listText":"Like tis","text":"Like tis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/176078683","repostId":"1132079911","repostType":4,"repost":{"id":"1132079911","kind":"news","pubTimestamp":1626849600,"share":"https://www.laohu8.com/m/news/1132079911?lang=&edition=full","pubTime":"2021-07-21 14:40","market":"other","language":"en","title":"Bitcoin climbs back over $30,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1132079911","media":"Reuters","summary":"SINGAPORE (Reuters) - Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesd","content":"<p>SINGAPORE (Reuters) - Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained fragile.</p>\n<p>Bitcoin rose about 3% to $30,762 in the Asia session after it dropped to its lowest since June on Tuesday at $29,296. Bitcoin is worth less than half its April record high of $64,895.22. Ether rose 4% to $1,862.</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>Bitcoin climbs back over $30,000</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\">\nBitcoin climbs back over $30,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-21 14:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/fintech-crypto-bitcoin/bitcoin-climbs-back-over-30000-idUSL4N2OX1EJ><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (Reuters) - Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained...</p>\n\n<a href=\"https://www.reuters.com/article/fintech-crypto-bitcoin/bitcoin-climbs-back-over-30000-idUSL4N2OX1EJ\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust ETF","COIN":"Coinbase Global, Inc."},"source_url":"https://www.reuters.com/article/fintech-crypto-bitcoin/bitcoin-climbs-back-over-30000-idUSL4N2OX1EJ","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132079911","content_text":"SINGAPORE (Reuters) - Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained fragile.\nBitcoin rose about 3% to $30,762 in the Asia session after it dropped to its lowest since June on Tuesday at $29,296. Bitcoin is worth less than half its April record high of $64,895.22. Ether rose 4% to $1,862.","news_type":1,"symbols_score_info":{"COIN":0.9,"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809283665,"gmtCreate":1627372886057,"gmtModify":1633765633034,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Ey lik pls","listText":"Ey lik pls","text":"Ey lik pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/809283665","repostId":"2154875967","repostType":4,"repost":{"id":"2154875967","kind":"highlight","pubTimestamp":1627372266,"share":"https://www.laohu8.com/m/news/2154875967?lang=&edition=full","pubTime":"2021-07-27 15:51","market":"us","language":"en","title":"How the 10-year Treasury rate and S&P 500 performed when the Fed tapered in 2013","url":"https://stock-news.laohu8.com/highlight/detail?id=2154875967","media":"MarketWatch","summary":"In the wake of the Great Recession, it took about five years for the U.S. central bank to start slow","content":"<p>In the wake of the Great Recession, it took about five years for the U.S. central bank to start slowing down its controversial large-scale bond-buying program, ultimately making 2013 the year of the \"taper tantrum .\"</p>\n<p>Federal Reserve officials have said they'd rather avoid a repeat of that episode, when it comes to eventually scaling back its $120 billion-a-month, pandemic-era asset-purchase program.</p>\n<p>And while it felt like the U.S. stock and bond markets both freaked out in 2013, a review of the S&amp;P 500's performance in that tumultuous year shows it turned out pretty well for equity investors who stayed the course.</p>\n<p>Following a roughly 6% pullback post-Fed taper announcement, the S&amp;P 500 finished the year higher by about 30%, according to the Wells Fargo Investment Institute.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b5888ee701d08887e5b8d11bca7d6e30\" tg-width=\"700\" tg-height=\"376\" referrerpolicy=\"no-referrer\"><span>S&amp;P 500 rose 30% in 2013. WELLS FARGO INVESTMENT INSTITUTE</span></p>\n<p>At the same time, the 10-year Treasury yield nearly doubled in six months from a low of almost 1.5% to roughly 3.1% by that December, leading to higher borrowing costs that rippled through the U.S. economy, from commercial real-estate owners to U.S. corporations <a href=\"https://laohu8.com/S/LQD\">$(LQD)$</a>.</p>\n<p>\"Higher inflation, rising long-term interest rates, and a less dovish Fed could potentially cause the market to pause,\" Chris Haverland, Wells Fargo Institute's global equity strategist wrote, in a Monday note.</p>\n<p>\"However, equities have historically performed well through these events, even if there was some initial selling pressure.\"</p>\n<p>Haverland thinks the Fed may announce plans to reduce its asset purchases later this year, which could lift longer-duration Treasury rates, including the 10-year, from its current 1.3% range. He also prefers to stick to his wheelhouse in equities over bonds.</p>\n<p>\"If the market corrects, we would view it as an opportunity to fill our equity positions that may be below strategic or tactical targets,\" he said.</p>\n<p>During the pandemic, the Fed has been buying about $80 billion of Treasurys each month and $40 billion of agency mortgage-backed securities (MBS), while increasing its balance sheet to about $8.2 trillion .</p>\n<p>Some Fed officials have been debating buying, as a first step to withdrawing some support, particularly since the U.S. housing market has been red-hot during the COVID crisis, albeit with recent signs of cooling.</p>\n<p>The Federal Reserve kicks off a two-day policy meeting on Tuesday, with a statement due Wednesday at 2 p.m. Eastern, followed by Fed Chairman Jerome Powell's press conference.</p>\n<p>U.S. stocks drifted higher into record territory on Monday, with the Dow Jones Industrial Average , S&amp;P 500 and Nasdaq Composite Index claiming new closing highs.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How the 10-year Treasury rate and S&P 500 performed when the Fed tapered in 2013</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\">\nHow the 10-year Treasury rate and S&P 500 performed when the Fed tapered in 2013\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 15:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/how-the-10-year-treasury-rate-and-s-p-500-performed-when-the-fed-tapered-in-2013-11627344095?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the wake of the Great Recession, it took about five years for the U.S. central bank to start slowing down its controversial large-scale bond-buying program, ultimately making 2013 the year of the \"...</p>\n\n<a href=\"https://www.marketwatch.com/story/how-the-10-year-treasury-rate-and-s-p-500-performed-when-the-fed-tapered-in-2013-11627344095?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEF":"标普100指数ETF-iShares","LQD":"债券指数ETF-iShares iBoxx投资级公司债",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF","SPXU":"三倍做空标普500ETF","SSO":"两倍做多标普500ETF","MBB":"美国按揭抵押债券ETF-iShares","SPY":"标普500ETF",".IXIC":"NASDAQ Composite","OEX":"标普100","SH":"标普500反向ETF",".SPX":"S&P 500 Index","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF"},"source_url":"https://www.marketwatch.com/story/how-the-10-year-treasury-rate-and-s-p-500-performed-when-the-fed-tapered-in-2013-11627344095?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154875967","content_text":"In the wake of the Great Recession, it took about five years for the U.S. central bank to start slowing down its controversial large-scale bond-buying program, ultimately making 2013 the year of the \"taper tantrum .\"\nFederal Reserve officials have said they'd rather avoid a repeat of that episode, when it comes to eventually scaling back its $120 billion-a-month, pandemic-era asset-purchase program.\nAnd while it felt like the U.S. stock and bond markets both freaked out in 2013, a review of the S&P 500's performance in that tumultuous year shows it turned out pretty well for equity investors who stayed the course.\nFollowing a roughly 6% pullback post-Fed taper announcement, the S&P 500 finished the year higher by about 30%, according to the Wells Fargo Investment Institute.\nS&P 500 rose 30% in 2013. WELLS FARGO INVESTMENT INSTITUTE\nAt the same time, the 10-year Treasury yield nearly doubled in six months from a low of almost 1.5% to roughly 3.1% by that December, leading to higher borrowing costs that rippled through the U.S. economy, from commercial real-estate owners to U.S. corporations $(LQD)$.\n\"Higher inflation, rising long-term interest rates, and a less dovish Fed could potentially cause the market to pause,\" Chris Haverland, Wells Fargo Institute's global equity strategist wrote, in a Monday note.\n\"However, equities have historically performed well through these events, even if there was some initial selling pressure.\"\nHaverland thinks the Fed may announce plans to reduce its asset purchases later this year, which could lift longer-duration Treasury rates, including the 10-year, from its current 1.3% range. He also prefers to stick to his wheelhouse in equities over bonds.\n\"If the market corrects, we would view it as an opportunity to fill our equity positions that may be below strategic or tactical targets,\" he said.\nDuring the pandemic, the Fed has been buying about $80 billion of Treasurys each month and $40 billion of agency mortgage-backed securities (MBS), while increasing its balance sheet to about $8.2 trillion .\nSome Fed officials have been debating buying, as a first step to withdrawing some support, particularly since the U.S. housing market has been red-hot during the COVID crisis, albeit with recent signs of cooling.\nThe Federal Reserve kicks off a two-day policy meeting on Tuesday, with a statement due Wednesday at 2 p.m. Eastern, followed by Fed Chairman Jerome Powell's press conference.\nU.S. stocks drifted higher into record territory on Monday, with the Dow Jones Industrial Average , S&P 500 and Nasdaq Composite Index claiming new closing highs.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9,"ESmain":0.9,"IVV":0.9,"LQD":0.9,"MBB":0.9,"OEF":0.9,"OEX":0.9,"SDS":0.9,"SH":0.9,"SPXU":0.9,"SPY":0.9,"SSO":0.9,"UPRO":0.9}},"isVote":1,"tweetType":1,"viewCount":2404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177093385,"gmtCreate":1627163511047,"gmtModify":1633767630067,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Like it","listText":"Like it","text":"Like it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/177093385","repostId":"1181195967","repostType":4,"isVote":1,"tweetType":1,"viewCount":657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176071436,"gmtCreate":1626850067525,"gmtModify":1633770417441,"author":{"id":"3587023056098177","authorId":"3587023056098177","name":"jenx","avatar":"https://static.tigerbbs.com/422c2ebfc14a61dc15dd098a40cd6a5e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587023056098177","authorIdStr":"3587023056098177"},"themes":[],"htmlText":"Pls likey","listText":"Pls likey","text":"Pls likey","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/176071436","repostId":"2153151611","repostType":4,"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}