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JosesSim
JosesSim
·
2021-09-02
Okay
Why Is Everyone Talking About JOYY Stock?
The Chinese live video streaming company might go private in the near future.
Why Is Everyone Talking About JOYY Stock?
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JosesSim
JosesSim
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2021-08-05
Interesting
Uber, Lyft Drive Investors Away
Ride-hailing companies have spent dearly to compete for the same riders; now they are spending to co
Uber, Lyft Drive Investors Away
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JosesSim
JosesSim
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2021-08-05
To the moon
非常抱歉,此主贴已删除
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JosesSim
JosesSim
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2021-08-04
$SoFi Technologies Inc.(SOFI)$
It’s about time?
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JosesSim
JosesSim
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2021-07-28
Nice
Boeing's Q2 Results Beat Estimates
Continued progress on global safe return to service of 737 MAX Revenue of $17.0 billion, GAAP earnin
Boeing's Q2 Results Beat Estimates
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JosesSim
JosesSim
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2021-07-27
Nice
Reckitt second-quarter sales rise 2.2%, miss estimates
July 27 (Reuters) - Lysol maker Reckitt Benckiser Group missed analysts’ estimates for second-quarte
Reckitt second-quarter sales rise 2.2%, miss estimates
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JosesSim
JosesSim
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2021-07-27
Like and comment
Alphabet investors have high expectations for earnings amid pandemic bounce-back
Google will report second-quarter earnings Tuesday, and investors have big expectations for the comp
Alphabet investors have high expectations for earnings amid pandemic bounce-back
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JosesSim
JosesSim
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2021-07-15
Fantastic
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JosesSim
JosesSim
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2021-07-14
Nice
Credit Suisse downgrades PepsiCo after blowout earnings report on valuation concern
A strong second quarter report won’t be enough to drive PepsiCo’s stock higher in the months ahead,
Credit Suisse downgrades PepsiCo after blowout earnings report on valuation concern
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JosesSim
JosesSim
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2021-07-13
Cool
China shares end higher on consumer boost after strong export data
* Shanghai Composite index +0.53%; CSI300 +0.18 * Consumer shares help CSI300 to shake off weakness
China shares end higher on consumer boost after strong export data
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,"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812260332","repostId":"2164847089","repostType":4,"repost":{"id":"2164847089","kind":"highlight","pubTimestamp":1630588920,"share":"https://ttm.financial/m/news/2164847089?lang=&edition=full","pubTime":"2021-09-02 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JOYY could also spin off Bigo, its core subsidiary and the segment that generates most of its revenue, in a new listing in Hong Kong or another Asian exchange.</p>\n<p>JOYY's stock was only trading in the low $60s when that story broke, so some investors sensed an opportunity to profit from the rumored deal. But later that day, JOYY declared on its <b>Weibo</b> account that it hadn't received any \"formal\" takeover offers.</p>\n<p>Should investors buy JOYY's stock, which tumbled more than 20% this year amid China's ongoing tech crackdown, as a potential buyout play? First, let's take a fresh look at JOYY's business, the motivations behind the rumored privatization deal, and if it properly values the company.</p>\n<h2>What does JOYY do?</h2>\n<p>JOYY went public in late 2012 as YY. At the time, YY generated most of its revenue from its namesake live streaming platform and related social networking services within China. China's livestreaming market initially grew like a weed, but it quickly became saturated and a major target for censors and regulators.</p>\n<p>To pivot away from China, YY bought Singapore-based Bigo -- which owns the Bigo Live streaming platform, Likee short video app, and Hago mobile gaming network -- for $1.45 billion in 2019. It changed its name to JOYY later that year, then agreed to sell its entire YY Live division to <b>Baidu</b> (NASDAQ:BIDU) for $3.6 billion last November.</p>\n<p>After JOYY's sale of YY Live closes, it will no longer generate any meaningful revenue from China -- Bigo Live, Likee, and Hago mainly serve overseas users in Southeast Asia, Latin America, the U.S., and Russia.</p>\n<p>However, JOYY is still based in China, which leaves it exposed to the country's ongoing crackdown on its top tech companies. China's SAMR (State Administration for Market Regulation) hasn't approved Baidu's takeover of YY Live yet, and the CAC's (Cyberspace Administration of China) new data privacy laws could impact its cross-border data transfers.</p>\n<p>U.S.-listed Chinese companies also face delisting threats in the U.S., as well as the potential elimination of the VIE (variable interest entity) business model that enabled them to go public via overseas shell companies.</p>\n<p>JOYY's Chinese roots also caused all of Bigo's apps to be banned in India, one of its most promising growth markets, last year. All those headwinds suggest it would be smarter for JOYY to completely eliminate its Chinese business, go private, and relaunch its business overseas.</p>\n<h2>Is going private in the best interest of its investors?</h2>\n<p>Many Chinese companies that initially went public in the U.S. subsequently took themselves private, and then relisted their shares on Chinese exchanges at higher valuations. Even Sina, the Chinese tech company that pioneered the VIE IPO, took itself private earlier this year.</p>\n<p>Most of those privatization deals were led by the companies' founders and CEOs, who either held massive stakes through their personal accounts or holding companies. As a result, any efforts by U.S. investors to block those abrupt offers -- which frequently undervalued the companies -- were futile.</p>\n<p>The rumors about JOYY follow that troubling trend. The rumored takeover bid of $75 to $100 per share represents a significant premium to JOYY's current price, but the stock was trading at nearly $150 just seven months ago.</p>\n<p>Last year, JOYY's revenue rose 112% to 13.23 billion yuan ($2.03 billion) as it integrated Bigo's higher-growth businesses. Analysts expect its revenue to rise 28% this year, with a narrower net loss.</p>\n<p>Based on these estimates, JOYY trades at just 0.9 times this year's sales. JOYY also ended last quarter with $4.92 billion in cash, cash equivalents, and short term investments, which nearly matches its current market cap.</p>\n<p>Therefore, a high-end bid of $100 per share, which values JOYY at nearly $8 billion, would still be too low for a company that generates double-digit sales growth with narrowing losses.</p>\n<p>But if JOYY takes itself private and delists its U.S. shares, its spin-off of Bigo -- which served 307.5 million monthly active users (MAUs) last quarter -- might fetch a much higher valuation in Hong Kong, Singapore, or another non-U.S. exchange. The spin-off could also enable Bigo to reestablish its headquarters outside of China and escape the country's tightening regulations.</p>\n<h2>Should investors buy JOYY as a buyout play?</h2>\n<p>JOYY might look like a tempting investment right now since its stock is cheap, it's being indiscriminately dumped with other Chinese stocks, and the rumored buyout offer could net a 20%-to-60% gain.</p>\n<p>But its sale of YY Live could still be nixed, the buyout rumors could fizzle out, and investors could still classify JOYY as a Chinese stock, even if it generates most of its revenue from other countries. So if you understand those risks, JOYY might be worth nibbling on. If not, you should stay very far away.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Everyone Talking About JOYY Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Everyone Talking About JOYY Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 21:22 GMT+8 <a href=https://www.fool.com/investing/2021/09/02/why-is-everyone-talking-about-joyy-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JOYY (NASDAQ:YY) recently became one of the market's most talked-about Chinese tech stocks amid rumors that it could be taken private.\nOn Aug. 27, Reuters claimed that JOYY chairman David Li and ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/02/why-is-everyone-talking-about-joyy-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/09/02/why-is-everyone-talking-about-joyy-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164847089","content_text":"JOYY (NASDAQ:YY) recently became one of the market's most talked-about Chinese tech stocks amid rumors that it could be taken private.\nOn Aug. 27, Reuters claimed that JOYY chairman David Li and Xiaomi founder Lei Jun were in talks to take the company private for $75 to $100 per share. JOYY could also spin off Bigo, its core subsidiary and the segment that generates most of its revenue, in a new listing in Hong Kong or another Asian exchange.\nJOYY's stock was only trading in the low $60s when that story broke, so some investors sensed an opportunity to profit from the rumored deal. But later that day, JOYY declared on its Weibo account that it hadn't received any \"formal\" takeover offers.\nShould investors buy JOYY's stock, which tumbled more than 20% this year amid China's ongoing tech crackdown, as a potential buyout play? First, let's take a fresh look at JOYY's business, the motivations behind the rumored privatization deal, and if it properly values the company.\nWhat does JOYY do?\nJOYY went public in late 2012 as YY. At the time, YY generated most of its revenue from its namesake live streaming platform and related social networking services within China. China's livestreaming market initially grew like a weed, but it quickly became saturated and a major target for censors and regulators.\nTo pivot away from China, YY bought Singapore-based Bigo -- which owns the Bigo Live streaming platform, Likee short video app, and Hago mobile gaming network -- for $1.45 billion in 2019. It changed its name to JOYY later that year, then agreed to sell its entire YY Live division to Baidu (NASDAQ:BIDU) for $3.6 billion last November.\nAfter JOYY's sale of YY Live closes, it will no longer generate any meaningful revenue from China -- Bigo Live, Likee, and Hago mainly serve overseas users in Southeast Asia, Latin America, the U.S., and Russia.\nHowever, JOYY is still based in China, which leaves it exposed to the country's ongoing crackdown on its top tech companies. China's SAMR (State Administration for Market Regulation) hasn't approved Baidu's takeover of YY Live yet, and the CAC's (Cyberspace Administration of China) new data privacy laws could impact its cross-border data transfers.\nU.S.-listed Chinese companies also face delisting threats in the U.S., as well as the potential elimination of the VIE (variable interest entity) business model that enabled them to go public via overseas shell companies.\nJOYY's Chinese roots also caused all of Bigo's apps to be banned in India, one of its most promising growth markets, last year. All those headwinds suggest it would be smarter for JOYY to completely eliminate its Chinese business, go private, and relaunch its business overseas.\nIs going private in the best interest of its investors?\nMany Chinese companies that initially went public in the U.S. subsequently took themselves private, and then relisted their shares on Chinese exchanges at higher valuations. Even Sina, the Chinese tech company that pioneered the VIE IPO, took itself private earlier this year.\nMost of those privatization deals were led by the companies' founders and CEOs, who either held massive stakes through their personal accounts or holding companies. As a result, any efforts by U.S. investors to block those abrupt offers -- which frequently undervalued the companies -- were futile.\nThe rumors about JOYY follow that troubling trend. The rumored takeover bid of $75 to $100 per share represents a significant premium to JOYY's current price, but the stock was trading at nearly $150 just seven months ago.\nLast year, JOYY's revenue rose 112% to 13.23 billion yuan ($2.03 billion) as it integrated Bigo's higher-growth businesses. Analysts expect its revenue to rise 28% this year, with a narrower net loss.\nBased on these estimates, JOYY trades at just 0.9 times this year's sales. JOYY also ended last quarter with $4.92 billion in cash, cash equivalents, and short term investments, which nearly matches its current market cap.\nTherefore, a high-end bid of $100 per share, which values JOYY at nearly $8 billion, would still be too low for a company that generates double-digit sales growth with narrowing losses.\nBut if JOYY takes itself private and delists its U.S. shares, its spin-off of Bigo -- which served 307.5 million monthly active users (MAUs) last quarter -- might fetch a much higher valuation in Hong Kong, Singapore, or another non-U.S. exchange. The spin-off could also enable Bigo to reestablish its headquarters outside of China and escape the country's tightening regulations.\nShould investors buy JOYY as a buyout play?\nJOYY might look like a tempting investment right now since its stock is cheap, it's being indiscriminately dumped with other Chinese stocks, and the rumored buyout offer could net a 20%-to-60% gain.\nBut its sale of YY Live could still be nixed, the buyout rumors could fizzle out, and investors could still classify JOYY as a Chinese stock, even if it generates most of its revenue from other countries. So if you understand those risks, JOYY might be worth nibbling on. If not, you should stay very far away.","news_type":1,"symbols_score_info":{"YY":0.9}},"isVote":1,"tweetType":1,"viewCount":1618,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899170071,"gmtCreate":1628171374793,"gmtModify":1633752965569,"author":{"id":"3579481478181513","authorId":"3579481478181513","name":"JosesSim","avatar":"https://static.tigerbbs.com/853019efea44fd1496df9ca6c8c210cc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579481478181513","authorIdStr":"3579481478181513"},"themes":[],"htmlText":" Interesting","listText":" Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899170071","repostId":"1151835705","repostType":4,"repost":{"id":"1151835705","kind":"news","pubTimestamp":1628168917,"share":"https://ttm.financial/m/news/1151835705?lang=&edition=full","pubTime":"2021-08-05 21:08","market":"us","language":"en","title":"Uber, Lyft Drive Investors Away","url":"https://stock-news.laohu8.com/highlight/detail?id=1151835705","media":"The Wall Street Journal","summary":"Ride-hailing companies have spent dearly to compete for the same riders; now they are spending to co","content":"<blockquote>\n Ride-hailing companies have spent dearly to compete for the same riders; now they are spending to compete for the same drivers.\n</blockquote>\n<p>Is the optimal strategy in ride-hailing growth or profits? Investors can’t have it both ways.</p>\n<p>AfterLyftLYFT-10.56%said it achieved profitability on the basis of adjusted earnings before interest, taxes, depreciation and amortization on Tuesday, Uber said Wednesday that its losses deepened sequentially on that basis as it made investments in driver recovery. Shares of Lyft fell more than 9% the day after its report while Uber’s shares fell 8% in after-hours trading immediately following the release of itssecond quarter results.</p>\n<p>Investors have become uncomfortable with ride-hailing companies paying dearly to compete for the same riders as they work to grow their market share. Now they arepaying to compete for the same driversas theywork to rebuild their supplyafter the pandemic decimated ride-hailing demand.</p>\n<p>They may not be investing equally. Lyft said it significantly increased its investments in incentives and sign-on bonuses to boost its driver base in the second quarter, expecting elevated incentives to continue into the third quarter. But Uber appears to have been more aggressive. While the company reported overall revenue that beat Wall Street’s estimate, it also lost 58% more than analysts had forecast on an adjusted Ebitda basis.</p>\n<p>At this point, it is still unclear which company’s investment strategy is yielding the most bang for its buck. Lyft said its rideshare rides in the second quarter were still “well below” the levels reached in the fourth quarter of 2019. While not a perfect comparison, Uber’s second quarter trips—a reflection of both supply and demand—were down just over 20% from the same period.</p>\n<p><img src=\"https://static.tigerbbs.com/7f98a2ba57a4b018b3db0d420b862bc4\" tg-width=\"338\" tg-height=\"422\" width=\"100%\" height=\"auto\">Lyft’s results show its active riders were still down more than 21% in the second quarter from the same period in 2019. The company also said its sales and marketing expenses as a percentage of revenue in the second quarter were near record lows. This is in part a reflection of its depressed driver count: It isn’t worth over-spending to acquire customers you can’t even service. By contrast, Uber was able to grow its monthly active platform consumers in the second quarter relative to the same period two years ago.</p>\n<p>While Lyft was clear this week that it likes its chances as a ride-hailing pure play, Uber continued to stress its unique value proposition marrying consumers’ ride-hailing and food-delivery needs, noting cross-pollination. Investors will now need to place their bets on which strategy will emerge from the pandemic in a more sustainable position.</p>\n<p>Uber’s Chief Executive Officer Dara Khosrowshahi has said its mobility business has been an even more effective customer acquisition tool for its delivery business than dollars spent on delivery marketing. On Wednesday the company said its consumers who engage with both its mobility and its delivery businesses are now generating nearly half of its overall gross bookings, implying significant customer crossover.</p>\n<p>But a leaner business might be easier to control. While Uber continues to expect it won’t turn a profit, even on an adjusted Ebitda basis, until the fourth quarter of this year,Lyft was able to do soearlier, in part by pulling harder on simple levers. The company said revenue per ride increased 7% sequentially in the second quarter, counteracting still depressed ride volume due to driver shortages. Both companies have raised prices on U.S. ride-hailing transactions amid the pandemic. But fresh Edison Trends data show for the week ended July 19, Uber’s consumers spent 24% more on transactions than they did the comparable week last year, while Lyft’s consumers spent 35% more.</p>\n<p>It is worth noting that, while Lyft has boasted about its ability to achieve so-called profits, it also clearly defined itself on a conference call Tuesday as “a growth company.” All in, its net loss still totaled hundreds of millions in the second quarter, although it narrowed. Meanwhile, Uber seems confident it has found a path to near-term profitability, but it is unclear to what degree further investments in new drivers will be needed as consumer demand continues to improve.</p>\n<p>Especially with the Covid-19 Delta variant continuing to spread, investors looking to bank on either strategy today may be left waiting for a ride.</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>Uber, Lyft Drive Investors Away</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\">\nUber, Lyft Drive Investors Away\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 21:08 GMT+8 <a href=https://www.wsj.com/articles/uber-lyft-drive-investors-away-11628115638?mod=markets_lead_pos12><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ride-hailing companies have spent dearly to compete for the same riders; now they are spending to compete for the same drivers.\n\nIs the optimal strategy in ride-hailing growth or profits? Investors ...</p>\n\n<a href=\"https://www.wsj.com/articles/uber-lyft-drive-investors-away-11628115638?mod=markets_lead_pos12\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","LYFT":"Lyft, Inc."},"source_url":"https://www.wsj.com/articles/uber-lyft-drive-investors-away-11628115638?mod=markets_lead_pos12","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151835705","content_text":"Ride-hailing companies have spent dearly to compete for the same riders; now they are spending to compete for the same drivers.\n\nIs the optimal strategy in ride-hailing growth or profits? Investors can’t have it both ways.\nAfterLyftLYFT-10.56%said it achieved profitability on the basis of adjusted earnings before interest, taxes, depreciation and amortization on Tuesday, Uber said Wednesday that its losses deepened sequentially on that basis as it made investments in driver recovery. Shares of Lyft fell more than 9% the day after its report while Uber’s shares fell 8% in after-hours trading immediately following the release of itssecond quarter results.\nInvestors have become uncomfortable with ride-hailing companies paying dearly to compete for the same riders as they work to grow their market share. Now they arepaying to compete for the same driversas theywork to rebuild their supplyafter the pandemic decimated ride-hailing demand.\nThey may not be investing equally. Lyft said it significantly increased its investments in incentives and sign-on bonuses to boost its driver base in the second quarter, expecting elevated incentives to continue into the third quarter. But Uber appears to have been more aggressive. While the company reported overall revenue that beat Wall Street’s estimate, it also lost 58% more than analysts had forecast on an adjusted Ebitda basis.\nAt this point, it is still unclear which company’s investment strategy is yielding the most bang for its buck. Lyft said its rideshare rides in the second quarter were still “well below” the levels reached in the fourth quarter of 2019. While not a perfect comparison, Uber’s second quarter trips—a reflection of both supply and demand—were down just over 20% from the same period.\nLyft’s results show its active riders were still down more than 21% in the second quarter from the same period in 2019. The company also said its sales and marketing expenses as a percentage of revenue in the second quarter were near record lows. This is in part a reflection of its depressed driver count: It isn’t worth over-spending to acquire customers you can’t even service. By contrast, Uber was able to grow its monthly active platform consumers in the second quarter relative to the same period two years ago.\nWhile Lyft was clear this week that it likes its chances as a ride-hailing pure play, Uber continued to stress its unique value proposition marrying consumers’ ride-hailing and food-delivery needs, noting cross-pollination. Investors will now need to place their bets on which strategy will emerge from the pandemic in a more sustainable position.\nUber’s Chief Executive Officer Dara Khosrowshahi has said its mobility business has been an even more effective customer acquisition tool for its delivery business than dollars spent on delivery marketing. On Wednesday the company said its consumers who engage with both its mobility and its delivery businesses are now generating nearly half of its overall gross bookings, implying significant customer crossover.\nBut a leaner business might be easier to control. While Uber continues to expect it won’t turn a profit, even on an adjusted Ebitda basis, until the fourth quarter of this year,Lyft was able to do soearlier, in part by pulling harder on simple levers. The company said revenue per ride increased 7% sequentially in the second quarter, counteracting still depressed ride volume due to driver shortages. Both companies have raised prices on U.S. ride-hailing transactions amid the pandemic. But fresh Edison Trends data show for the week ended July 19, Uber’s consumers spent 24% more on transactions than they did the comparable week last year, while Lyft’s consumers spent 35% more.\nIt is worth noting that, while Lyft has boasted about its ability to achieve so-called profits, it also clearly defined itself on a conference call Tuesday as “a growth company.” All in, its net loss still totaled hundreds of millions in the second quarter, although it narrowed. Meanwhile, Uber seems confident it has found a path to near-term profitability, but it is unclear to what degree further investments in new drivers will be needed as consumer demand continues to improve.\nEspecially with the Covid-19 Delta variant continuing to spread, investors looking to bank on either strategy today may be left waiting for a ride.","news_type":1,"symbols_score_info":{"LYFT":0.9,"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":1842,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899144485,"gmtCreate":1628171322047,"gmtModify":1633752966489,"author":{"id":"3579481478181513","authorId":"3579481478181513","name":"JosesSim","avatar":"https://static.tigerbbs.com/853019efea44fd1496df9ca6c8c210cc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579481478181513","authorIdStr":"3579481478181513"},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/899144485","repostId":"1158295123","repostType":4,"isVote":1,"tweetType":1,"viewCount":1730,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890174248,"gmtCreate":1628089031884,"gmtModify":1631884833449,"author":{"id":"3579481478181513","authorId":"3579481478181513","name":"JosesSim","avatar":"https://static.tigerbbs.com/853019efea44fd1496df9ca6c8c210cc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579481478181513","authorIdStr":"3579481478181513"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>It’s about time?","listText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>It’s about time?","text":"$SoFi Technologies Inc.(SOFI)$It’s about time?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/890174248","isVote":1,"tweetType":1,"viewCount":1944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801069194,"gmtCreate":1627474027918,"gmtModify":1633764686376,"author":{"id":"3579481478181513","authorId":"3579481478181513","name":"JosesSim","avatar":"https://static.tigerbbs.com/853019efea44fd1496df9ca6c8c210cc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579481478181513","authorIdStr":"3579481478181513"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/801069194","repostId":"1158509211","repostType":4,"repost":{"id":"1158509211","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":1627471993,"share":"https://ttm.financial/m/news/1158509211?lang=&edition=full","pubTime":"2021-07-28 19:33","market":"us","language":"en","title":"Boeing's Q2 Results Beat Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1158509211","media":"Tiger Newspress","summary":"Continued progress on global safe return to service of 737 MAX\nRevenue of $17.0 billion, GAAP earnin","content":"<ul>\n <li><i>Continued progress on global safe return to service of 737 MAX</i></li>\n <li><i>Revenue of $17.0 billion, GAAP earnings per share of $1.00 and core (non-GAAP)* earnings per share of $0.40</i></li>\n <li><i>Operating cash flow of ($0.5) billion; cash and marketable securities of $21.3 billion</i></li>\n <li><i>Commercial Airplanes backlog grew to $285 billion and added 180 net orders</i></li>\n</ul>\n<p>The Boeing Company [NYSE: BA] reported second-quarter revenue of $17.0 billion, driven by higher commercial airplanes and services volume. GAAP earnings per share of $1.00 and core earnings per share (non-GAAP)* of $0.40 primarily reflects higher commercial volume and lower period costs (Table 1). Boeing recorded operating cash flow of ($0.5) billion.</p>\n<p>Boeing shares surged 4% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/78295b5e7e37baaf762961bc52baa7ad\" tg-width=\"879\" tg-height=\"641\" width=\"100%\" height=\"auto\"></p>\n<p>\"We continued to make important progress in the second quarter as we focus on driving stability across our operations and transforming our business for the future,\" said Boeing President and Chief Executive Officer David Calhoun. \"While our commercial market environment is improving, we're closely monitoring COVID-19 case rates, vaccine distribution and global trade as key indicators for our industry's stability. As we continue to position for a robust recovery, we remain committed to safety and quality, while investing in our people, products and technology. I am proud of our team's resilience and commitment as we work to rebuild trust, improve our performance and deliver for our commercial, defense, space and services customers.\"</p>\n<p>As part of Boeing's ongoing focus on global sustainability, the company published its first integrated Sustainability Report in July. \"This was an important step in our continued efforts to reinforce our Environmental, Social, and Governance principles,\" Calhoun said.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4ed5ec1915f32dc2fd80188aa5ce79e4\" tg-width=\"1162\" tg-height=\"475\" width=\"100%\" height=\"auto\"><span>*Non-GAAP measure; complete definitions of Boeing's non-GAAP measures are on page 6, \"Non-GAAP Measures Disclosures.\"</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c52af89d8f0931882b39810e96acc7ce\" tg-width=\"1446\" tg-height=\"214\" width=\"100%\" height=\"auto\"><span>*Non-GAAP measure; complete definitions of Boeing's non-GAAP measures are on page 6, \"Non-GAAP Measures Disclosures.\"</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb06660e2ac5e800dfe4d1db2e4cf79b\" tg-width=\"1442\" tg-height=\"372\" width=\"100%\" height=\"auto\"><span>1 Marketable securities consists primarily of time deposits due within one year classified as \"short-term investments.\"</span></p>\n<p>Boeing is continuing to make progress on the global safe return to service of the 737 MAX. Since the FAA's approval to return the 737 MAX to operations in November 2020, Boeing has delivered more than 130 737 MAX aircraft and airlines have returned more than 190 previously grounded airplanes to service. 30 airlines are now operating the 737 MAX, safely flying nearly 95,000 revenue flights totaling more than 218,000 flight hours (as of July 25, 2021). The 737 program is currently producing at a rate of approximately 16 per month and continues to expect to gradually increase production to 31 per month in early 2022 with further gradual increases to correspond with market demand. The company will continue to assess the production rate plan as it monitors the market environment and engages in customer discussions.</p>\n<p>As Boeing has previously shared, the company is conducting inspections and rework and continues to engage in detailed discussions with the FAA on verification methodology for 787. In connection with these efforts, the company announced earlier this month that it has identified additional rework that will be required on undelivered 787s. Based on our assessment of the time required to complete this work, Boeing is reprioritizing production resources for a few weeks to support the inspection and rework. As that work is performed, the 787 production rate will temporarily be lower than five per month and will gradually return to that rate. Boeing expects to deliver fewer than half of the 787s currently in inventory this year.</p>\n<p>Commercial Airplanes secured orders for 200 737 aircraft for United Airlines, 34 737 aircraft for Southwest Airlines, and a total of 31 freighter aircraft. Commercial Airplanes delivered 79 airplanes during the quarter and backlog included over 4,100 airplanes valued at $285 billion.</p>\n<p>margin increased to 13.9 percent, primarily reflecting the absence of a charge on the KC-46A Tanker program as compared to second quarter 2020, as well as a favorable non-US contract adjustment.</p>\n<p>During the quarter, Defense, Space & Security secured an award for 14 H-47 extended-range Chinook helicopters for the U.K. Royal Air Force and signed an agreement with the German Ministry of Defense for five P-8A Poseidon aircraft. Defense, Space & Security conducted the first MQ-25 unmanned aerial refueling of a F/A-18 Super Hornet and successfully joined T-7A Red Hawk front and aft sections in under 30 minutes enabled by digital design. Also, the first Core Stage for NASA's Space Launch System began stacking with other Artemis I elements.</p>\n<p>Backlog at Defense, Space & Security was $59 billion, of which 32 percent represents orders from customers outside the U.S.</p>\n<p>During the quarter, Global Services signed an expanded parts agreement with Turkish Technic and announced a partnership to expand capacity for 737-800 Boeing Converted Freighters. Global Services was also selected to provide P-8A training and sustainment as well as C-17 training to the U.K. Royal Air Force, and was awarded a modification for KC-46A interim contract support for the U.S. Air Force.</p>\n<p><b><u>Non-GAAP Measures Disclosures</u></b></p>\n<p>We supplement the reporting of our financial information determined under Generally Accepted Accounting Principles in the United States of America (GAAP) with certain non-GAAP financial information. The non-GAAP financial information presented excludes certain significant items that may not be indicative of, or are unrelated to, results from our ongoing business operations. We believe that these non-GAAP measures provide investors with additional insight into the company's ongoing business performance. These non-GAAP measures should not be considered in isolation or as a substitute for the related GAAP measures, and other companies may define such measures differently. We encourage investors to review our financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure. The following definitions are provided:</p>\n<p><u>Core Operating Earnings, Core Operating Margin and Core Earnings Per Share</u></p>\n<p>Core operating earnings is defined as GAAP <i>earnings from operations</i> excluding the <i>FAS/CAS service cost adjustment.</i>The<i> FAS/CAS service cost adjustment</i>represents the difference between the Financial Accounting Standards (FAS) pension and postretirement service costs calculated under GAAP and costs allocated to the business segments. Core operating margin is defined as core operating earnings expressed as a percentage of revenue. Core earnings per share is defined as GAAP <i>diluted earnings per share</i> excluding the net earnings per share impact of the<i> FAS/CAS service cost adjustment</i>and<i> Non-operating pension and postretirement expenses</i>. Non-operating pension and postretirement expenses represent the components of net periodic benefit costs other than service cost. Pension costs, comprising service and prior service costs computed in accordance with GAAP are allocated to Commercial Airplanes and BGS businesses supporting commercial customers. Pension costs allocated to BDS and BGS businesses supporting government customers are computed in accordance with U.S. Government Cost Accounting Standards (CAS), which employ different actuarial assumptions and accounting conventions than GAAP. CAS costs are allocable to government contracts. Other postretirement benefit costs are allocated to all business segments based on CAS, which is generally based on benefits paid. Management uses core operating earnings, core operating margin and core earnings per share for purposes of evaluating and forecasting underlying business performance. Management believes these core earnings measures provide investors additional insights into operational performance as they exclude non-service pension and post-retirement costs, which primarily represent costs driven by market factors and costs not allocable to government contracts. A reconciliation between the GAAP and non-GAAP measures is provided on pages 13-14.</p>\n<p><u>Free Cash Flow</u></p>\n<p>Free cash flow is GAAP <i>operating cash flow</i> reduced by capital expenditures for <i>property, plant and equipment</i>. Management believes free cash flow provides investors with an important perspective on the cash available for shareholders, debt repayment, and acquisitions after making the capital investments required to support ongoing business operations and long term value creation. Free cash flow does not represent the residual cash flow available for discretionary expenditures as it excludes certain mandatory expenditures such as repayment of maturing debt. Management uses free cash flow as a measure to assess both business performance and overall liquidity. Table 2 provides a reconciliation of free cash flow to GAAP operating cash flow.</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>Boeing's Q2 Results Beat Estimates</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\">\nBoeing's Q2 Results Beat Estimates\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\">2021-07-28 19:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li><i>Continued progress on global safe return to service of 737 MAX</i></li>\n <li><i>Revenue of $17.0 billion, GAAP earnings per share of $1.00 and core (non-GAAP)* earnings per share of $0.40</i></li>\n <li><i>Operating cash flow of ($0.5) billion; cash and marketable securities of $21.3 billion</i></li>\n <li><i>Commercial Airplanes backlog grew to $285 billion and added 180 net orders</i></li>\n</ul>\n<p>The Boeing Company [NYSE: BA] reported second-quarter revenue of $17.0 billion, driven by higher commercial airplanes and services volume. GAAP earnings per share of $1.00 and core earnings per share (non-GAAP)* of $0.40 primarily reflects higher commercial volume and lower period costs (Table 1). Boeing recorded operating cash flow of ($0.5) billion.</p>\n<p>Boeing shares surged 4% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/78295b5e7e37baaf762961bc52baa7ad\" tg-width=\"879\" tg-height=\"641\" width=\"100%\" height=\"auto\"></p>\n<p>\"We continued to make important progress in the second quarter as we focus on driving stability across our operations and transforming our business for the future,\" said Boeing President and Chief Executive Officer David Calhoun. \"While our commercial market environment is improving, we're closely monitoring COVID-19 case rates, vaccine distribution and global trade as key indicators for our industry's stability. As we continue to position for a robust recovery, we remain committed to safety and quality, while investing in our people, products and technology. I am proud of our team's resilience and commitment as we work to rebuild trust, improve our performance and deliver for our commercial, defense, space and services customers.\"</p>\n<p>As part of Boeing's ongoing focus on global sustainability, the company published its first integrated Sustainability Report in July. \"This was an important step in our continued efforts to reinforce our Environmental, Social, and Governance principles,\" Calhoun said.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4ed5ec1915f32dc2fd80188aa5ce79e4\" tg-width=\"1162\" tg-height=\"475\" width=\"100%\" height=\"auto\"><span>*Non-GAAP measure; complete definitions of Boeing's non-GAAP measures are on page 6, \"Non-GAAP Measures Disclosures.\"</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c52af89d8f0931882b39810e96acc7ce\" tg-width=\"1446\" tg-height=\"214\" width=\"100%\" height=\"auto\"><span>*Non-GAAP measure; complete definitions of Boeing's non-GAAP measures are on page 6, \"Non-GAAP Measures Disclosures.\"</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb06660e2ac5e800dfe4d1db2e4cf79b\" tg-width=\"1442\" tg-height=\"372\" width=\"100%\" height=\"auto\"><span>1 Marketable securities consists primarily of time deposits due within one year classified as \"short-term investments.\"</span></p>\n<p>Boeing is continuing to make progress on the global safe return to service of the 737 MAX. Since the FAA's approval to return the 737 MAX to operations in November 2020, Boeing has delivered more than 130 737 MAX aircraft and airlines have returned more than 190 previously grounded airplanes to service. 30 airlines are now operating the 737 MAX, safely flying nearly 95,000 revenue flights totaling more than 218,000 flight hours (as of July 25, 2021). The 737 program is currently producing at a rate of approximately 16 per month and continues to expect to gradually increase production to 31 per month in early 2022 with further gradual increases to correspond with market demand. The company will continue to assess the production rate plan as it monitors the market environment and engages in customer discussions.</p>\n<p>As Boeing has previously shared, the company is conducting inspections and rework and continues to engage in detailed discussions with the FAA on verification methodology for 787. In connection with these efforts, the company announced earlier this month that it has identified additional rework that will be required on undelivered 787s. Based on our assessment of the time required to complete this work, Boeing is reprioritizing production resources for a few weeks to support the inspection and rework. As that work is performed, the 787 production rate will temporarily be lower than five per month and will gradually return to that rate. Boeing expects to deliver fewer than half of the 787s currently in inventory this year.</p>\n<p>Commercial Airplanes secured orders for 200 737 aircraft for United Airlines, 34 737 aircraft for Southwest Airlines, and a total of 31 freighter aircraft. Commercial Airplanes delivered 79 airplanes during the quarter and backlog included over 4,100 airplanes valued at $285 billion.</p>\n<p>margin increased to 13.9 percent, primarily reflecting the absence of a charge on the KC-46A Tanker program as compared to second quarter 2020, as well as a favorable non-US contract adjustment.</p>\n<p>During the quarter, Defense, Space & Security secured an award for 14 H-47 extended-range Chinook helicopters for the U.K. Royal Air Force and signed an agreement with the German Ministry of Defense for five P-8A Poseidon aircraft. Defense, Space & Security conducted the first MQ-25 unmanned aerial refueling of a F/A-18 Super Hornet and successfully joined T-7A Red Hawk front and aft sections in under 30 minutes enabled by digital design. Also, the first Core Stage for NASA's Space Launch System began stacking with other Artemis I elements.</p>\n<p>Backlog at Defense, Space & Security was $59 billion, of which 32 percent represents orders from customers outside the U.S.</p>\n<p>During the quarter, Global Services signed an expanded parts agreement with Turkish Technic and announced a partnership to expand capacity for 737-800 Boeing Converted Freighters. Global Services was also selected to provide P-8A training and sustainment as well as C-17 training to the U.K. Royal Air Force, and was awarded a modification for KC-46A interim contract support for the U.S. Air Force.</p>\n<p><b><u>Non-GAAP Measures Disclosures</u></b></p>\n<p>We supplement the reporting of our financial information determined under Generally Accepted Accounting Principles in the United States of America (GAAP) with certain non-GAAP financial information. The non-GAAP financial information presented excludes certain significant items that may not be indicative of, or are unrelated to, results from our ongoing business operations. We believe that these non-GAAP measures provide investors with additional insight into the company's ongoing business performance. These non-GAAP measures should not be considered in isolation or as a substitute for the related GAAP measures, and other companies may define such measures differently. We encourage investors to review our financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure. The following definitions are provided:</p>\n<p><u>Core Operating Earnings, Core Operating Margin and Core Earnings Per Share</u></p>\n<p>Core operating earnings is defined as GAAP <i>earnings from operations</i> excluding the <i>FAS/CAS service cost adjustment.</i>The<i> FAS/CAS service cost adjustment</i>represents the difference between the Financial Accounting Standards (FAS) pension and postretirement service costs calculated under GAAP and costs allocated to the business segments. Core operating margin is defined as core operating earnings expressed as a percentage of revenue. Core earnings per share is defined as GAAP <i>diluted earnings per share</i> excluding the net earnings per share impact of the<i> FAS/CAS service cost adjustment</i>and<i> Non-operating pension and postretirement expenses</i>. Non-operating pension and postretirement expenses represent the components of net periodic benefit costs other than service cost. Pension costs, comprising service and prior service costs computed in accordance with GAAP are allocated to Commercial Airplanes and BGS businesses supporting commercial customers. Pension costs allocated to BDS and BGS businesses supporting government customers are computed in accordance with U.S. Government Cost Accounting Standards (CAS), which employ different actuarial assumptions and accounting conventions than GAAP. CAS costs are allocable to government contracts. Other postretirement benefit costs are allocated to all business segments based on CAS, which is generally based on benefits paid. Management uses core operating earnings, core operating margin and core earnings per share for purposes of evaluating and forecasting underlying business performance. Management believes these core earnings measures provide investors additional insights into operational performance as they exclude non-service pension and post-retirement costs, which primarily represent costs driven by market factors and costs not allocable to government contracts. A reconciliation between the GAAP and non-GAAP measures is provided on pages 13-14.</p>\n<p><u>Free Cash Flow</u></p>\n<p>Free cash flow is GAAP <i>operating cash flow</i> reduced by capital expenditures for <i>property, plant and equipment</i>. Management believes free cash flow provides investors with an important perspective on the cash available for shareholders, debt repayment, and acquisitions after making the capital investments required to support ongoing business operations and long term value creation. Free cash flow does not represent the residual cash flow available for discretionary expenditures as it excludes certain mandatory expenditures such as repayment of maturing debt. Management uses free cash flow as a measure to assess both business performance and overall liquidity. Table 2 provides a reconciliation of free cash flow to GAAP operating cash flow.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158509211","content_text":"Continued progress on global safe return to service of 737 MAX\nRevenue of $17.0 billion, GAAP earnings per share of $1.00 and core (non-GAAP)* earnings per share of $0.40\nOperating cash flow of ($0.5) billion; cash and marketable securities of $21.3 billion\nCommercial Airplanes backlog grew to $285 billion and added 180 net orders\n\nThe Boeing Company [NYSE: BA] reported second-quarter revenue of $17.0 billion, driven by higher commercial airplanes and services volume. GAAP earnings per share of $1.00 and core earnings per share (non-GAAP)* of $0.40 primarily reflects higher commercial volume and lower period costs (Table 1). Boeing recorded operating cash flow of ($0.5) billion.\nBoeing shares surged 4% in premarket trading.\n\n\"We continued to make important progress in the second quarter as we focus on driving stability across our operations and transforming our business for the future,\" said Boeing President and Chief Executive Officer David Calhoun. \"While our commercial market environment is improving, we're closely monitoring COVID-19 case rates, vaccine distribution and global trade as key indicators for our industry's stability. As we continue to position for a robust recovery, we remain committed to safety and quality, while investing in our people, products and technology. I am proud of our team's resilience and commitment as we work to rebuild trust, improve our performance and deliver for our commercial, defense, space and services customers.\"\nAs part of Boeing's ongoing focus on global sustainability, the company published its first integrated Sustainability Report in July. \"This was an important step in our continued efforts to reinforce our Environmental, Social, and Governance principles,\" Calhoun said.\n*Non-GAAP measure; complete definitions of Boeing's non-GAAP measures are on page 6, \"Non-GAAP Measures Disclosures.\"\n*Non-GAAP measure; complete definitions of Boeing's non-GAAP measures are on page 6, \"Non-GAAP Measures Disclosures.\"\n1 Marketable securities consists primarily of time deposits due within one year classified as \"short-term investments.\"\nBoeing is continuing to make progress on the global safe return to service of the 737 MAX. Since the FAA's approval to return the 737 MAX to operations in November 2020, Boeing has delivered more than 130 737 MAX aircraft and airlines have returned more than 190 previously grounded airplanes to service. 30 airlines are now operating the 737 MAX, safely flying nearly 95,000 revenue flights totaling more than 218,000 flight hours (as of July 25, 2021). The 737 program is currently producing at a rate of approximately 16 per month and continues to expect to gradually increase production to 31 per month in early 2022 with further gradual increases to correspond with market demand. The company will continue to assess the production rate plan as it monitors the market environment and engages in customer discussions.\nAs Boeing has previously shared, the company is conducting inspections and rework and continues to engage in detailed discussions with the FAA on verification methodology for 787. In connection with these efforts, the company announced earlier this month that it has identified additional rework that will be required on undelivered 787s. Based on our assessment of the time required to complete this work, Boeing is reprioritizing production resources for a few weeks to support the inspection and rework. As that work is performed, the 787 production rate will temporarily be lower than five per month and will gradually return to that rate. Boeing expects to deliver fewer than half of the 787s currently in inventory this year.\nCommercial Airplanes secured orders for 200 737 aircraft for United Airlines, 34 737 aircraft for Southwest Airlines, and a total of 31 freighter aircraft. Commercial Airplanes delivered 79 airplanes during the quarter and backlog included over 4,100 airplanes valued at $285 billion.\nmargin increased to 13.9 percent, primarily reflecting the absence of a charge on the KC-46A Tanker program as compared to second quarter 2020, as well as a favorable non-US contract adjustment.\nDuring the quarter, Defense, Space & Security secured an award for 14 H-47 extended-range Chinook helicopters for the U.K. Royal Air Force and signed an agreement with the German Ministry of Defense for five P-8A Poseidon aircraft. Defense, Space & Security conducted the first MQ-25 unmanned aerial refueling of a F/A-18 Super Hornet and successfully joined T-7A Red Hawk front and aft sections in under 30 minutes enabled by digital design. Also, the first Core Stage for NASA's Space Launch System began stacking with other Artemis I elements.\nBacklog at Defense, Space & Security was $59 billion, of which 32 percent represents orders from customers outside the U.S.\nDuring the quarter, Global Services signed an expanded parts agreement with Turkish Technic and announced a partnership to expand capacity for 737-800 Boeing Converted Freighters. Global Services was also selected to provide P-8A training and sustainment as well as C-17 training to the U.K. Royal Air Force, and was awarded a modification for KC-46A interim contract support for the U.S. Air Force.\nNon-GAAP Measures Disclosures\nWe supplement the reporting of our financial information determined under Generally Accepted Accounting Principles in the United States of America (GAAP) with certain non-GAAP financial information. The non-GAAP financial information presented excludes certain significant items that may not be indicative of, or are unrelated to, results from our ongoing business operations. We believe that these non-GAAP measures provide investors with additional insight into the company's ongoing business performance. These non-GAAP measures should not be considered in isolation or as a substitute for the related GAAP measures, and other companies may define such measures differently. We encourage investors to review our financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure. The following definitions are provided:\nCore Operating Earnings, Core Operating Margin and Core Earnings Per Share\nCore operating earnings is defined as GAAP earnings from operations excluding the FAS/CAS service cost adjustment.The FAS/CAS service cost adjustmentrepresents the difference between the Financial Accounting Standards (FAS) pension and postretirement service costs calculated under GAAP and costs allocated to the business segments. Core operating margin is defined as core operating earnings expressed as a percentage of revenue. Core earnings per share is defined as GAAP diluted earnings per share excluding the net earnings per share impact of the FAS/CAS service cost adjustmentand Non-operating pension and postretirement expenses. Non-operating pension and postretirement expenses represent the components of net periodic benefit costs other than service cost. Pension costs, comprising service and prior service costs computed in accordance with GAAP are allocated to Commercial Airplanes and BGS businesses supporting commercial customers. Pension costs allocated to BDS and BGS businesses supporting government customers are computed in accordance with U.S. Government Cost Accounting Standards (CAS), which employ different actuarial assumptions and accounting conventions than GAAP. CAS costs are allocable to government contracts. Other postretirement benefit costs are allocated to all business segments based on CAS, which is generally based on benefits paid. Management uses core operating earnings, core operating margin and core earnings per share for purposes of evaluating and forecasting underlying business performance. Management believes these core earnings measures provide investors additional insights into operational performance as they exclude non-service pension and post-retirement costs, which primarily represent costs driven by market factors and costs not allocable to government contracts. A reconciliation between the GAAP and non-GAAP measures is provided on pages 13-14.\nFree Cash Flow\nFree cash flow is GAAP operating cash flow reduced by capital expenditures for property, plant and equipment. Management believes free cash flow provides investors with an important perspective on the cash available for shareholders, debt repayment, and acquisitions after making the capital investments required to support ongoing business operations and long term value creation. Free cash flow does not represent the residual cash flow available for discretionary expenditures as it excludes certain mandatory expenditures such as repayment of maturing debt. Management uses free cash flow as a measure to assess both business performance and overall liquidity. Table 2 provides a reconciliation of free cash flow to GAAP operating cash flow.","news_type":1,"symbols_score_info":{"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":1862,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809675378,"gmtCreate":1627369639994,"gmtModify":1633765655094,"author":{"id":"3579481478181513","authorId":"3579481478181513","name":"JosesSim","avatar":"https://static.tigerbbs.com/853019efea44fd1496df9ca6c8c210cc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579481478181513","authorIdStr":"3579481478181513"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/809675378","repostId":"1140254902","repostType":4,"repost":{"id":"1140254902","kind":"news","pubTimestamp":1627366781,"share":"https://ttm.financial/m/news/1140254902?lang=&edition=full","pubTime":"2021-07-27 14:19","market":"us","language":"en","title":"Reckitt second-quarter sales rise 2.2%, miss estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1140254902","media":"Reuters","summary":"July 27 (Reuters) - Lysol maker Reckitt Benckiser Group missed analysts’ estimates for second-quarte","content":"<p>July 27 (Reuters) - Lysol maker Reckitt Benckiser Group missed analysts’ estimates for second-quarter sales on Tuesday, as demand eased for its soaps and cold remedies and the company backed its full-year outlook.</p>\n<p>The company reported a 2.2% rise in like-for-like sales for the three months ended June 30, lower than the 2.3% growth analysts had expected, according to a company-supplied consensus.</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>Reckitt second-quarter sales rise 2.2%, miss estimates</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\">\nReckitt second-quarter sales rise 2.2%, miss estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 14:19 GMT+8 <a href=https://www.reuters.com/article/reckitt-benc-grp-results/reckitt-second-quarter-sales-rise-2-2-miss-estimates-idUSL4N2P317W><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 27 (Reuters) - Lysol maker Reckitt Benckiser Group missed analysts’ estimates for second-quarter sales on Tuesday, as demand eased for its soaps and cold remedies and the company backed its full-...</p>\n\n<a href=\"https://www.reuters.com/article/reckitt-benc-grp-results/reckitt-second-quarter-sales-rise-2-2-miss-estimates-idUSL4N2P317W\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBGLY":"Reckitt Benckiser Group Plc."},"source_url":"https://www.reuters.com/article/reckitt-benc-grp-results/reckitt-second-quarter-sales-rise-2-2-miss-estimates-idUSL4N2P317W","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140254902","content_text":"July 27 (Reuters) - Lysol maker Reckitt Benckiser Group missed analysts’ estimates for second-quarter sales on Tuesday, as demand eased for its soaps and cold remedies and the company backed its full-year outlook.\nThe company reported a 2.2% rise in like-for-like sales for the three months ended June 30, lower than the 2.3% growth analysts had expected, according to a company-supplied consensus.","news_type":1,"symbols_score_info":{"RBGLY":0.9}},"isVote":1,"tweetType":1,"viewCount":2178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809672930,"gmtCreate":1627369612820,"gmtModify":1633765656004,"author":{"id":"3579481478181513","authorId":"3579481478181513","name":"JosesSim","avatar":"https://static.tigerbbs.com/853019efea44fd1496df9ca6c8c210cc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579481478181513","authorIdStr":"3579481478181513"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/809672930","repostId":"1153332202","repostType":4,"repost":{"id":"1153332202","kind":"news","pubTimestamp":1627367533,"share":"https://ttm.financial/m/news/1153332202?lang=&edition=full","pubTime":"2021-07-27 14:32","market":"us","language":"en","title":"Alphabet investors have high expectations for earnings amid pandemic bounce-back","url":"https://stock-news.laohu8.com/highlight/detail?id=1153332202","media":"CNBC","summary":"Google will report second-quarter earnings Tuesday, and investors have big expectations for the comp","content":"<div>\n<p>Google will report second-quarter earnings Tuesday, and investors have big expectations for the company, which is often a bellwether for the ad and travel industries.\nAnalysts and investors say they’...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/26/alphabet-investors-have-high-expectations-for-earnings-amid-pandemic-bounce-back.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alphabet investors have high expectations for earnings amid pandemic bounce-back</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\">\nAlphabet investors have high expectations for earnings amid pandemic bounce-back\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 14:32 GMT+8 <a href=https://www.cnbc.com/2021/07/26/alphabet-investors-have-high-expectations-for-earnings-amid-pandemic-bounce-back.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Google will report second-quarter earnings Tuesday, and investors have big expectations for the company, which is often a bellwether for the ad and travel industries.\nAnalysts and investors say they’...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/26/alphabet-investors-have-high-expectations-for-earnings-amid-pandemic-bounce-back.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://www.cnbc.com/2021/07/26/alphabet-investors-have-high-expectations-for-earnings-amid-pandemic-bounce-back.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1153332202","content_text":"Google will report second-quarter earnings Tuesday, and investors have big expectations for the company, which is often a bellwether for the ad and travel industries.\nAnalysts and investors say they’re expecting the company’s highest earnings of the year, with near-50% growth in some of its ad portfolios, as it’s poised to represent the strongest bounce-back since the start of the Covid-19 pandemic. Investors are also eager for any kind of color on how executives plan to handle looming regulator pressures, which reached new heights in the second quarter.\nA strong quarter, overall\nSince late last year, investors have touted Q2 as the best-expected quarter for Alphabet during the Covid-19 pandemic. The company beat earnings expectations for the last four consecutive quarters, and investors expect that streak to continue.\n“Nearly all advertising sectors are on pace to exceed our expectations” in Q2, bolstered by Google Search and YouTube, Credit Suisse analysts said in a note.\nSome analysts expect revenue to surge by nearly 50% year over year. Granted, the second quarter of 2020 was the company’s first revenue decline, but that kind of growth would suggest a roaring economic return.\nAlphabet’s stock has grown more than 44% year over year,soaring beyond its “FAANG” peers by a longshot. Investors expect it to rise even more following the second-quarter results.\nBig ad dollars\nStrong performance within its core Search product — the company’s most lucrative unit — would represent a full bounce-back in ad and travel spending, which investors expect to see more of during Q2.\nInvestors will look for how the company is faring from its experiments in commence and monetization, which it ramped up this time last year. Google also announced during the second quarter that it is deepening its partnership with Shopify by letting the company’s more than 1 million merchants make their products more discoverable in Google Search and elsewhere.\n“Google is now following up with an ability to more easily scan in-store products which then automatically appear in the Business Profile section of Search and Maps,” Credit Suisse note said. “By simplifying offline catalog ingestion, users now have access to real-time inventory information which should help drive conversion and thus incremental ad dollars over time.”\nIn its blockbuster performance last quarter, YouTube said it brought in $6.01 billion in advertising revenue — up from $4 billion year over year. Investors expect continued growth for YouTube, which is on pace to bring in annual revenue comparableto Netflix, despite YouTube coming under more fire for its role in misinformation around Covid and vaccines.\nInvestors will also be on the lookout for any updated metrics on YouTube’s new Tiktok competitor Shorts, the short-video platform the company launched globallyin July. On last quarter’s earnings call, CEO Sundar Pichai said Shorts is garnering 6.5 billion daily views, a significant increase from 3.5 billion at the end of January. Investors will seek an update from executives on the latest viewership numbers.\nCloud margins\nInvestors expect to see losses for Google’s cloud unit narrow as they have been the last few quarters.\nGoogle’s cloud unit — the company’s hopeful cash cow for future profitability — still lags behind Amazon and Microsoft, but it’s been gaining some steam consistently since CEO Thomas Kurian took the helm in 2019.\nLast quarter, it reduced operating losses from $1.73 billion the year prior to $1 billion. It also showed a 46% year-over-year growth in revenue.\nInvestors will look to see if this pace continues and for executives to provide any updates on the customer backlog as a signal of future expected growth.\nInvestors may also ask about the company’s leadership. While the cloud unit has been hiring consistently since Kurian took the helm, it lost at least two vice presidents in the last week alone, triggering a reorganization at the helm of at least a couple of teams.\nRegulatory risks\nEven though Alphabet executives don’t disclose any guidance, investors will have more questions than ever about potential regulatory threats, which reached a peak during the second quarter.\n“These are truly dark days for the company as it relates to antitrust scrutiny,” stated a note by analyst Brian J. White of Monness, Crespi, Hardt & Co. “We believe it will prove difficult for the company to remain in its current form.”\nThe Biden administration announced it would appoint known Google foe Jonathan Kanter to lead its antitrust division. Biden also issued an executive order, specifically ordering a crackdown on Big Tech and practices around data gathering and privacy.\nEarlier in July, French regulators fined the company $593 million over uncooperative behavior with news publishers. U.S. government enforcers in July filed their fourth antitrust lawsuit against Google in the last year. This time, a group of 37 state attorneys alleged the company abused its power over app developers through its Play Store on Android.\nGoogle executives have thus far maintained that they have played by the rules while touting the helpfulness of their tools. But, investors will still look for any additional color on how executives plan to face the fallout of regulatory threats.","news_type":1,"symbols_score_info":{"GOOG":0.9,"GOOGL":0.9}},"isVote":1,"tweetType":1,"viewCount":2024,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147127641,"gmtCreate":1626343668683,"gmtModify":1633927694482,"author":{"id":"3579481478181513","authorId":"3579481478181513","name":"JosesSim","avatar":"https://static.tigerbbs.com/853019efea44fd1496df9ca6c8c210cc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579481478181513","authorIdStr":"3579481478181513"},"themes":[],"htmlText":"Fantastic ","listText":"Fantastic ","text":"Fantastic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/147127641","repostId":"2151351711","repostType":2,"isVote":1,"tweetType":1,"viewCount":1194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144399106,"gmtCreate":1626266171305,"gmtModify":1633928501736,"author":{"id":"3579481478181513","authorId":"3579481478181513","name":"JosesSim","avatar":"https://static.tigerbbs.com/853019efea44fd1496df9ca6c8c210cc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579481478181513","authorIdStr":"3579481478181513"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144399106","repostId":"1132348176","repostType":4,"repost":{"id":"1132348176","kind":"news","pubTimestamp":1626259353,"share":"https://ttm.financial/m/news/1132348176?lang=&edition=full","pubTime":"2021-07-14 18:42","market":"us","language":"en","title":"Credit Suisse downgrades PepsiCo after blowout earnings report on valuation concern","url":"https://stock-news.laohu8.com/highlight/detail?id=1132348176","media":"CNBC","summary":"A strong second quarter report won’t be enough to drive PepsiCo’s stock higher in the months ahead, ","content":"<div>\n<p>A strong second quarter report won’t be enough to drive PepsiCo’s stock higher in the months ahead, according to Credit Suisse.\nAnalyst Kaumil Gajrawala downgraded the stock to neutral from outperform...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/pepsico-pep-stock-downgrade-credit-suisse.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse downgrades PepsiCo after blowout earnings report on valuation concern</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\">\nCredit Suisse downgrades PepsiCo after blowout earnings report on valuation concern\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 18:42 GMT+8 <a href=https://www.cnbc.com/2021/07/14/pepsico-pep-stock-downgrade-credit-suisse.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A strong second quarter report won’t be enough to drive PepsiCo’s stock higher in the months ahead, according to Credit Suisse.\nAnalyst Kaumil Gajrawala downgraded the stock to neutral from outperform...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/pepsico-pep-stock-downgrade-credit-suisse.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/07/14/pepsico-pep-stock-downgrade-credit-suisse.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1132348176","content_text":"A strong second quarter report won’t be enough to drive PepsiCo’s stock higher in the months ahead, according to Credit Suisse.\nAnalyst Kaumil Gajrawala downgraded the stock to neutral from outperform, saying in a note to clients on Wednesday that the stock’s valuation was nearly full despite the “remarkable” results.\nThe beverage and snack food company easily topped expectations for its second quarteron Tuesday, reporting $1.72 in adjusted earnings per share on $19.22 billion of revenue. Analysts surveyed by Refinitiv were expecting $1.53 in earnings per share on $17.96 billion.\nThe stock rose 2.3% on the news, bringing its year-to-date gains to above 3%. While that performance trails the broader market, the move brings PepsiCo in line with its industry’s performance numbers.\nAdditionally, the company’s price-to-earnings ratio is above its five-year average, according to Credit Suisse.\n“Staples investors capitalized on Pepsi’s consistency, pandemic resilience, and early investments over the last 18mo, but [Tuesday]’s share reaction signals cooling sentiment,” the note said.\nCredit Suisse maintained its price target of $155 per share for the stock, which is just 1.3% above where the stock closed on Friday.","news_type":1,"symbols_score_info":{"PEP":0.9}},"isVote":1,"tweetType":1,"viewCount":2078,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142548975,"gmtCreate":1626164122497,"gmtModify":1633929493942,"author":{"id":"3579481478181513","authorId":"3579481478181513","name":"JosesSim","avatar":"https://static.tigerbbs.com/853019efea44fd1496df9ca6c8c210cc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579481478181513","authorIdStr":"3579481478181513"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/142548975","repostId":"2151554537","repostType":4,"repost":{"id":"2151554537","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626161561,"share":"https://ttm.financial/m/news/2151554537?lang=&edition=full","pubTime":"2021-07-13 15:32","market":"sh","language":"en","title":"China shares end higher on consumer boost after strong export data","url":"https://stock-news.laohu8.com/highlight/detail?id=2151554537","media":"Reuters","summary":"* Shanghai Composite index +0.53%; CSI300 +0.18\n* Consumer shares help CSI300 to shake off weakness\n","content":"<p>* Shanghai Composite index +0.53%; CSI300 +0.18</p>\n<p>* Consumer shares help CSI300 to shake off weakness</p>\n<p>* Export data shows faster-than-expected growth in June</p>\n<p>SHANGHAI, July 13 (Reuters) - China's blue-chips closed higher on Tuesday, supported by strong gains in consumer staples firms, as new data showed the country's exports grew at a much faster-than-expected pace in June on recovering global demand.</p>\n<p>** Easing global lockdown measures drove China's June exports to grow much faster, and import growth also beat expectations, customs data showed on Tuesday.</p>\n<p>** At the close, the Shanghai Composite index was up 0.53% at 3,566.52.</p>\n<p>** The blue-chip CSI300 index shook off earlier weakness to end up 0.18%, with the consumer staples sector jumping 1.8%, the real estate index up 0.2% and the healthcare sub-index up 0.21%.</p>\n<p>** The small gains extended a rally that pushed the CSI300 1.25% higher on Monday, after the central bank said it would cut banks' reserve requirement ratios <a href=\"https://laohu8.com/S/RRR\">$(RRR)$</a> from July 15.</p>\n<p>** In a commentary on Tuesday, a former People's Bank of China official said the RRR cut could help authorities to deal with shifts in U.S. monetary policy and may relieve future downward pressure on the yuan, while noting that China's recovery remains imbalanced.</p>\n<p>** Refinitiv data showed robust buying by foreign investors, with Northbound Stock Connect flows totalling 5.72 billion yuan ($884.81 million) on the day.</p>\n<p>** The smaller Shenzhen index ended up 0.25% and the start-up board ChiNext Composite index was weaker by 0.56%.</p>\n<p>** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.89%, while Japan's Nikkei index closed up 0.52%.</p>\n<p>** The yuan was quoted at 6.4651 per U.S. dollar, 0.17% firmer than the previous close of 6.4762.</p>\n<p>** So far this year, the Shanghai stock index is up 2.7% and the CSI300 has fallen 1.3%, while China's H-share index listed in Hong Kong is down 5.9%. Shanghai stocks have declined 0.69% this month.</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>China shares end higher on consumer boost after strong export data</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina shares end higher on consumer boost after strong export data\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-13 15:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Shanghai Composite index +0.53%; CSI300 +0.18</p>\n<p>* Consumer shares help CSI300 to shake off weakness</p>\n<p>* Export data shows faster-than-expected growth in June</p>\n<p>SHANGHAI, July 13 (Reuters) - China's blue-chips closed higher on Tuesday, supported by strong gains in consumer staples firms, as new data showed the country's exports grew at a much faster-than-expected pace in June on recovering global demand.</p>\n<p>** Easing global lockdown measures drove China's June exports to grow much faster, and import growth also beat expectations, customs data showed on Tuesday.</p>\n<p>** At the close, the Shanghai Composite index was up 0.53% at 3,566.52.</p>\n<p>** The blue-chip CSI300 index shook off earlier weakness to end up 0.18%, with the consumer staples sector jumping 1.8%, the real estate index up 0.2% and the healthcare sub-index up 0.21%.</p>\n<p>** The small gains extended a rally that pushed the CSI300 1.25% higher on Monday, after the central bank said it would cut banks' reserve requirement ratios <a href=\"https://laohu8.com/S/RRR\">$(RRR)$</a> from July 15.</p>\n<p>** In a commentary on Tuesday, a former People's Bank of China official said the RRR cut could help authorities to deal with shifts in U.S. monetary policy and may relieve future downward pressure on the yuan, while noting that China's recovery remains imbalanced.</p>\n<p>** Refinitiv data showed robust buying by foreign investors, with Northbound Stock Connect flows totalling 5.72 billion yuan ($884.81 million) on the day.</p>\n<p>** The smaller Shenzhen index ended up 0.25% and the start-up board ChiNext Composite index was weaker by 0.56%.</p>\n<p>** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.89%, while Japan's Nikkei index closed up 0.52%.</p>\n<p>** The yuan was quoted at 6.4651 per U.S. dollar, 0.17% firmer than the previous close of 6.4762.</p>\n<p>** So far this year, the Shanghai stock index is up 2.7% and the CSI300 has fallen 1.3%, while China's H-share index listed in Hong Kong is down 5.9%. Shanghai stocks have declined 0.69% this month.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151554537","content_text":"* Shanghai Composite index +0.53%; CSI300 +0.18\n* Consumer shares help CSI300 to shake off weakness\n* Export data shows faster-than-expected growth in June\nSHANGHAI, July 13 (Reuters) - China's blue-chips closed higher on Tuesday, supported by strong gains in consumer staples firms, as new data showed the country's exports grew at a much faster-than-expected pace in June on recovering global demand.\n** Easing global lockdown measures drove China's June exports to grow much faster, and import growth also beat expectations, customs data showed on Tuesday.\n** At the close, the Shanghai Composite index was up 0.53% at 3,566.52.\n** The blue-chip CSI300 index shook off earlier weakness to end up 0.18%, with the consumer staples sector jumping 1.8%, the real estate index up 0.2% and the healthcare sub-index up 0.21%.\n** The small gains extended a rally that pushed the CSI300 1.25% higher on Monday, after the central bank said it would cut banks' reserve requirement ratios $(RRR)$ from July 15.\n** In a commentary on Tuesday, a former People's Bank of China official said the RRR cut could help authorities to deal with shifts in U.S. monetary policy and may relieve future downward pressure on the yuan, while noting that China's recovery remains imbalanced.\n** Refinitiv data showed robust buying by foreign investors, with Northbound Stock Connect flows totalling 5.72 billion yuan ($884.81 million) on the day.\n** The smaller Shenzhen index ended up 0.25% and the start-up board ChiNext Composite index was weaker by 0.56%.\n** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.89%, while Japan's Nikkei index closed up 0.52%.\n** The yuan was quoted at 6.4651 per U.S. dollar, 0.17% firmer than the previous close of 6.4762.\n** So far this year, the Shanghai stock index is up 2.7% and the CSI300 has fallen 1.3%, while China's H-share index listed in Hong Kong is down 5.9%. Shanghai stocks have declined 0.69% this month.","news_type":1,"symbols_score_info":{"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":784,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}