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5e89a222
5e89a222
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2021-04-29
Ya la... else how to fill the coffers
The 6 ways Biden's tax plan targets the rich
To fund free community college, paid family leave, and affordable child care for everyday Americans,
The 6 ways Biden's tax plan targets the rich
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5e89a222
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2021-04-29
Haha. Fk up ppl most rich. So fk it all up
Amazon Earnings Will Be Fantastic. What That Means for the Stock.
Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stell
Amazon Earnings Will Be Fantastic. What That Means for the Stock.
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2021-04-29
Yup . Buy and hold.Buy the dip too when it is 20% lower than initial price.This is how I have fun and profitNOT FINANCIAL ADVICE
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The plan also would invest $80 billion in the Internal Revenue Service to improve tax compliance by the wealthy.</p>\n<p>Those measures are expected to raise $1.5 trillion in revenue over the course of 10 years, according to estimates by the White House and the Committee for a Responsible Federal Budget (CRFB).</p>\n<p>“That's a reasonable estimate,” said Marc Goldwein, senior vice president and senior policy director for the CRFB, as long as the tax increases stay intact and any temporary tax or spending policies aren’t extended.</p>\n<p><b>Improving tax compliance</b></p>\n<p>The biggest revenue generator is ramping up the IRS to go after wealthy Americans by increasing audits and requiring more disclosures. That provision is expected to bring in $700 billion over 10 years, according to estimates by the White House.</p>\n<p>The $80 billion injection would go toward enforcement “against those with the highest incomes, rather than Americans with actual income of less than $400,000” the Treasury Department said in a press release on Wednesday.</p>\n<p>The funding would be used to overhaul technology to improve compliance as well as hire and train auditors on complex investigations of corporations, partnerships, and wealthy individuals. Banks would also have to report inflows and outflows from taxpayers’ accounts, giving the IRS additional information about business revenue and expenses to better target audits.</p>\n<p>The wealthiest Americans failto reportmore than a fifth of their taxable income by using sophisticated forms of tax evasion, a recentstudyby the National Bureau of Economic Research (NBER) found.</p>\n<p>“A well-functioning tax system requires that all taxpayers pay what they owe,” the Treasury Department said. “An unfortunate characteristic of the current system, however, is an asymmetric adherence to tax law by the nature of income received…Noncompliance is concentrated at the top.”</p>\n<p><b>Raising the capital gains tax</b></p>\n<p>The plan also would target the investments of the top 0.3% by treating capital gains and income similarly. The proposal would mean wealthy individuals may pay double the current rate they pay on their investments.</p>\n<p>Under the proposal, the top long-term capital gains and qualified dividends tax rate would increase to 39.6% from 23.8%, with an effective rate of 43.4% when the Medicare surcharge is added. The increased rate would apply to those earning over $1 million. Investors currently pay 23.8% as the top capital gains rate along with the 3.8% net investment income tax, known as the Medicare surtax.</p>\n<p>Something Went WrongUnfortunately, an error occurred. To try again,refresh the browser.PS-400-602<img src=\"https://static.tigerbbs.com/da86c6e6a970f2fae77f120a31094032\" tg-width=\"224\" tg-height=\"48\" referrerpolicy=\"no-referrer\">The 6 ways Biden's tax plan targets the rich<img src=\"https://static.tigerbbs.com/f00476e2c3f502cd09dd6aeb585247c2\" tg-width=\"80\" tg-height=\"80\" referrerpolicy=\"no-referrer\">Denitsa Tsekova·ReporterThu, April 29, 2021, 5:08 AM·6 min read</p>\n<p>To fund free community college, paid family leave, and affordable child care for everyday Americans, President Joe Biden is going after the income, investments, inheritance, business losses, and tax returns of the richest Americans.</p>\n<p>“The tax increases in the American Families Plan would largely target wealthy families with at least $400,000 of income,” Janet Holtzblatt, senior fellow at the Urban-Brookings Tax Policy Center, told Yahoo Money. “While the restoration of the pre-2018 top rate of 39.6% applies to all taxable income, the provisions, in combination, would reduce the preferential treatment of investment income in the current tax code.”</p>\n<p><img src=\"https://static.tigerbbs.com/5713be1a5db24fcbc3382d8a4285b27e\" tg-width=\"960\" tg-height=\"640\" referrerpolicy=\"no-referrer\">U.S. President Joe Biden speaks about updated CDC mask guidance on the North Lawn of the White House on April 27, 2021 in Washington, DC. (Photo by Drew Angerer/Getty Images)</p>\n<p>President Biden’s $1.8 trillion American Families Plan would increase the top individual income tax rate, tax capital gains as ordinary income for high earners, eliminate the “step-up basis” loophole by taxing inheritance, limit business losses, and expand the Medicare surcharge. The plan also would invest $80 billion in the Internal Revenue Service to improve tax compliance by the wealthy.</p>\n<p>Those measures are expected to raise $1.5 trillion in revenue over the course of 10 years, according to estimates by the White House and the Committee for a Responsible Federal Budget (CRFB).</p>\n<p>“That's a reasonable estimate,” said Marc Goldwein, senior vice president and senior policy director for the CRFB, as long as the tax increases stay intact and any temporary tax or spending policies aren’t extended.</p>\n<p><b>Improving tax compliance</b></p>\n<p>The biggest revenue generator is ramping up the IRS to go after wealthy Americans by increasing audits and requiring more disclosures. That provision is expected to bring in $700 billion over 10 years, according to estimates by the White House.</p>\n<p>The $80 billion injection would go toward enforcement “against those with the highest incomes, rather than Americans with actual income of less than $400,000” the Treasury Department said in a press release on Wednesday.</p>\n<p>The funding would be used to overhaul technology to improve compliance as well as hire and train auditors on complex investigations of corporations, partnerships, and wealthy individuals. Banks would also have to report inflows and outflows from taxpayers’ accounts, giving the IRS additional information about business revenue and expenses to better target audits.</p>\n<p>The wealthiest Americans failto reportmore than a fifth of their taxable income by using sophisticated forms of tax evasion, a recentstudyby the National Bureau of Economic Research (NBER) found.</p>\n<p>“A well-functioning tax system requires that all taxpayers pay what they owe,” the Treasury Department said. “An unfortunate characteristic of the current system, however, is an asymmetric adherence to tax law by the nature of income received…Noncompliance is concentrated at the top.”</p>\n<p><b>Raising the capital gains tax</b></p>\n<p>The plan also would target the investments of the top 0.3% by treating capital gains and income similarly. The proposal would mean wealthy individuals may pay double the current rate they pay on their investments.</p>\n<p><b><i>Read more:Here's how you should use your tax refund in 2021</i></b></p>\n<p>Under the proposal, the top long-term capital gains and qualified dividends tax rate would increase to 39.6% from 23.8%, with an effective rate of 43.4% when the Medicare surcharge is added. The increased rate would apply to those earning over $1 million. Investors currently pay 23.8% as the top capital gains rate along with the 3.8% net investment income tax, known as the Medicare surtax.</p>\n<p>Americans who make more than $1 million get only 30% of their income from wages, while those who make less receive 70% of their income from wages, according to White House National Economic Council Director Brian Deese. Raising the capital gains rate would prevent those at the top from getting an effectively lower tax rate than those who receive most of their income from wages.</p>\n<p>“That's about 500,000 households in the country that we're talking about,” Deese said at a press conference on Monday. “For the other 997 out of 1000 households in the country — or the other 150 million households in the country — this is not a change that will be relevant.”</p>\n<p><b>Repealing step-up basis</b></p>\n<p>Current tax law allows heirs to inherit stocks, real estate, and other assets that the deceased owned without paying tax on the gains in value. The new owner then pays a much lower tax if he sells the assets.</p>\n<p>“There may be 30 years of capital gains that escape taxation,” Holtzblatt said. “There would be no leakage of capital gains because the person who held the assets died before they sold them.”</p>\n<p>Under the proposal, gains over $1 million for single filers ($2.5 million for joint filers when combined with existing real estate exemptions)would be taxed. Those gains may not be taxed if the property is donated. Certain exemptions apply to family-owned businesses and farms.</p>\n<p>Nearly 40% of the wealth of the top 1% is in the form of accrued and unrealized capital gains, a 2019paperby Lily L. Batchelder and David Kamin, who are working or nominated for jobs in the Biden administration.</p>\n<p>“It's a smart way to raise revenue,” Goldwein said. “It creates more premium capital added, reducing the incentive for people to just hold their stocks to the tax.”</p>\n<p>The capital gains and step-up basis provisions — along with closing real estate and carried interest loopholes — would bring $400 billion in total revenue, according to the CFRB.</p>\n<p><b>Higher income taxes</b></p>\n<p>Under Biden’s plan, higher-income Americans would also pay higher taxes on their income. The proposal restores the top individual income tax rate to 39.6% for taxable incomes above $400,000; that rate is currently 37%, established by the Tax Cuts and Jobs Act of 2017 during the Trump administration.</p>\n<p>The current rate alone gives a couple with taxable income of $2 million an annual tax cut of more than $36,400, according toestimatesby the Center on Budget and Policy Priorities. Reverting the tax rate would bring in $100 billion over 10 years according to the CFRB.</p>\n<p><b>Limiting business losses</b></p>\n<p>Biden’s proposal would make permanent the current limit on excess business losses extended by the American Rescue Plan. The restriction prevents pass-through business owners from taking their business losses and subtracting them from their non-business income. Eighty percent of those claimed losses benefit those who make over $1 million, according to the White House.</p>\n<p>The provision would generate $100 billion over 10 years, according to the CFRB.</p>\n<p><b>Medicare surtax</b></p>\n<p>High-income workers pay a 3.8% net investment income tax, known as the Medicare surtax, on their earnings. But some taxpayers making over $400,000 can avoid the tax through loopholes. For instance, physically active business income is not subject to that tax, so a partner or an owner of a S Corporation who makes business income from that partnership doesn’t have to pay the tax.</p>\n<p>Biden’s proposal would apply that tax consistently to those earning more than $400,000, bringing in $200 billion over 10 years, according to the CFRB.</p>","source":"lsy1584348713084","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 6 ways Biden's tax plan targets the rich</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\">\nThe 6 ways Biden's tax plan targets the rich\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-29 18:57 GMT+8 <a href=https://money.yahoo.com/bidens-tax-plan-targets-the-rich-210858238.html?ncid=twitter_yfsocialtw_l1gbd0noiom><strong>Yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>To fund free community college, paid family leave, and affordable child care for everyday Americans, President Joe Biden is going after the income, investments, inheritance, business losses, and tax ...</p>\n\n<a href=\"https://money.yahoo.com/bidens-tax-plan-targets-the-rich-210858238.html?ncid=twitter_yfsocialtw_l1gbd0noiom\">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://money.yahoo.com/bidens-tax-plan-targets-the-rich-210858238.html?ncid=twitter_yfsocialtw_l1gbd0noiom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191983558","content_text":"To fund free community college, paid family leave, and affordable child care for everyday Americans, President Joe Biden is going after the income, investments, inheritance, business losses, and tax returns of the richest Americans.\n“The tax increases in the American Families Plan would largely target wealthy families with at least $400,000 of income,” Janet Holtzblatt, senior fellow at the Urban-Brookings Tax Policy Center, told Yahoo Money. “While the restoration of the pre-2018 top rate of 39.6% applies to all taxable income, the provisions, in combination, would reduce the preferential treatment of investment income in the current tax code.”\nPresident Biden’s $1.8 trillion American Families Plan would increase the top individual income tax rate, tax capital gains as ordinary income for high earners, eliminate the “step-up basis” loophole by taxing inheritance, limit business losses, and expand the Medicare surcharge. The plan also would invest $80 billion in the Internal Revenue Service to improve tax compliance by the wealthy.\nThose measures are expected to raise $1.5 trillion in revenue over the course of 10 years, according to estimates by the White House and the Committee for a Responsible Federal Budget (CRFB).\n“That's a reasonable estimate,” said Marc Goldwein, senior vice president and senior policy director for the CRFB, as long as the tax increases stay intact and any temporary tax or spending policies aren’t extended.\nImproving tax compliance\nThe biggest revenue generator is ramping up the IRS to go after wealthy Americans by increasing audits and requiring more disclosures. That provision is expected to bring in $700 billion over 10 years, according to estimates by the White House.\nThe $80 billion injection would go toward enforcement “against those with the highest incomes, rather than Americans with actual income of less than $400,000” the Treasury Department said in a press release on Wednesday.\nThe funding would be used to overhaul technology to improve compliance as well as hire and train auditors on complex investigations of corporations, partnerships, and wealthy individuals. Banks would also have to report inflows and outflows from taxpayers’ accounts, giving the IRS additional information about business revenue and expenses to better target audits.\nThe wealthiest Americans failto reportmore than a fifth of their taxable income by using sophisticated forms of tax evasion, a recentstudyby the National Bureau of Economic Research (NBER) found.\n“A well-functioning tax system requires that all taxpayers pay what they owe,” the Treasury Department said. “An unfortunate characteristic of the current system, however, is an asymmetric adherence to tax law by the nature of income received…Noncompliance is concentrated at the top.”\nRaising the capital gains tax\nThe plan also would target the investments of the top 0.3% by treating capital gains and income similarly. The proposal would mean wealthy individuals may pay double the current rate they pay on their investments.\nUnder the proposal, the top long-term capital gains and qualified dividends tax rate would increase to 39.6% from 23.8%, with an effective rate of 43.4% when the Medicare surcharge is added. The increased rate would apply to those earning over $1 million. Investors currently pay 23.8% as the top capital gains rate along with the 3.8% net investment income tax, known as the Medicare surtax.\nSomething Went WrongUnfortunately, an error occurred. To try again,refresh the browser.PS-400-602The 6 ways Biden's tax plan targets the richDenitsa Tsekova·ReporterThu, April 29, 2021, 5:08 AM·6 min read\nTo fund free community college, paid family leave, and affordable child care for everyday Americans, President Joe Biden is going after the income, investments, inheritance, business losses, and tax returns of the richest Americans.\n“The tax increases in the American Families Plan would largely target wealthy families with at least $400,000 of income,” Janet Holtzblatt, senior fellow at the Urban-Brookings Tax Policy Center, told Yahoo Money. “While the restoration of the pre-2018 top rate of 39.6% applies to all taxable income, the provisions, in combination, would reduce the preferential treatment of investment income in the current tax code.”\nU.S. President Joe Biden speaks about updated CDC mask guidance on the North Lawn of the White House on April 27, 2021 in Washington, DC. (Photo by Drew Angerer/Getty Images)\nPresident Biden’s $1.8 trillion American Families Plan would increase the top individual income tax rate, tax capital gains as ordinary income for high earners, eliminate the “step-up basis” loophole by taxing inheritance, limit business losses, and expand the Medicare surcharge. The plan also would invest $80 billion in the Internal Revenue Service to improve tax compliance by the wealthy.\nThose measures are expected to raise $1.5 trillion in revenue over the course of 10 years, according to estimates by the White House and the Committee for a Responsible Federal Budget (CRFB).\n“That's a reasonable estimate,” said Marc Goldwein, senior vice president and senior policy director for the CRFB, as long as the tax increases stay intact and any temporary tax or spending policies aren’t extended.\nImproving tax compliance\nThe biggest revenue generator is ramping up the IRS to go after wealthy Americans by increasing audits and requiring more disclosures. That provision is expected to bring in $700 billion over 10 years, according to estimates by the White House.\nThe $80 billion injection would go toward enforcement “against those with the highest incomes, rather than Americans with actual income of less than $400,000” the Treasury Department said in a press release on Wednesday.\nThe funding would be used to overhaul technology to improve compliance as well as hire and train auditors on complex investigations of corporations, partnerships, and wealthy individuals. Banks would also have to report inflows and outflows from taxpayers’ accounts, giving the IRS additional information about business revenue and expenses to better target audits.\nThe wealthiest Americans failto reportmore than a fifth of their taxable income by using sophisticated forms of tax evasion, a recentstudyby the National Bureau of Economic Research (NBER) found.\n“A well-functioning tax system requires that all taxpayers pay what they owe,” the Treasury Department said. “An unfortunate characteristic of the current system, however, is an asymmetric adherence to tax law by the nature of income received…Noncompliance is concentrated at the top.”\nRaising the capital gains tax\nThe plan also would target the investments of the top 0.3% by treating capital gains and income similarly. The proposal would mean wealthy individuals may pay double the current rate they pay on their investments.\nRead more:Here's how you should use your tax refund in 2021\nUnder the proposal, the top long-term capital gains and qualified dividends tax rate would increase to 39.6% from 23.8%, with an effective rate of 43.4% when the Medicare surcharge is added. The increased rate would apply to those earning over $1 million. Investors currently pay 23.8% as the top capital gains rate along with the 3.8% net investment income tax, known as the Medicare surtax.\nAmericans who make more than $1 million get only 30% of their income from wages, while those who make less receive 70% of their income from wages, according to White House National Economic Council Director Brian Deese. Raising the capital gains rate would prevent those at the top from getting an effectively lower tax rate than those who receive most of their income from wages.\n“That's about 500,000 households in the country that we're talking about,” Deese said at a press conference on Monday. “For the other 997 out of 1000 households in the country — or the other 150 million households in the country — this is not a change that will be relevant.”\nRepealing step-up basis\nCurrent tax law allows heirs to inherit stocks, real estate, and other assets that the deceased owned without paying tax on the gains in value. The new owner then pays a much lower tax if he sells the assets.\n“There may be 30 years of capital gains that escape taxation,” Holtzblatt said. “There would be no leakage of capital gains because the person who held the assets died before they sold them.”\nUnder the proposal, gains over $1 million for single filers ($2.5 million for joint filers when combined with existing real estate exemptions)would be taxed. Those gains may not be taxed if the property is donated. Certain exemptions apply to family-owned businesses and farms.\nNearly 40% of the wealth of the top 1% is in the form of accrued and unrealized capital gains, a 2019paperby Lily L. Batchelder and David Kamin, who are working or nominated for jobs in the Biden administration.\n“It's a smart way to raise revenue,” Goldwein said. “It creates more premium capital added, reducing the incentive for people to just hold their stocks to the tax.”\nThe capital gains and step-up basis provisions — along with closing real estate and carried interest loopholes — would bring $400 billion in total revenue, according to the CFRB.\nHigher income taxes\nUnder Biden’s plan, higher-income Americans would also pay higher taxes on their income. The proposal restores the top individual income tax rate to 39.6% for taxable incomes above $400,000; that rate is currently 37%, established by the Tax Cuts and Jobs Act of 2017 during the Trump administration.\nThe current rate alone gives a couple with taxable income of $2 million an annual tax cut of more than $36,400, according toestimatesby the Center on Budget and Policy Priorities. Reverting the tax rate would bring in $100 billion over 10 years according to the CFRB.\nLimiting business losses\nBiden’s proposal would make permanent the current limit on excess business losses extended by the American Rescue Plan. The restriction prevents pass-through business owners from taking their business losses and subtracting them from their non-business income. Eighty percent of those claimed losses benefit those who make over $1 million, according to the White House.\nThe provision would generate $100 billion over 10 years, according to the CFRB.\nMedicare surtax\nHigh-income workers pay a 3.8% net investment income tax, known as the Medicare surtax, on their earnings. But some taxpayers making over $400,000 can avoid the tax through loopholes. For instance, physically active business income is not subject to that tax, so a partner or an owner of a S Corporation who makes business income from that partnership doesn’t have to pay the tax.\nBiden’s proposal would apply that tax consistently to those earning more than $400,000, bringing in $200 billion over 10 years, according to the CFRB.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":604,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109655467,"gmtCreate":1619694553059,"gmtModify":1634210678320,"author":{"id":"3581543734121662","authorId":"3581543734121662","name":"5e89a222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581543734121662","authorIdStr":"3581543734121662"},"themes":[],"htmlText":"Haha. Fk up ppl most rich. So fk it all up","listText":"Haha. Fk up ppl most rich. So fk it all up","text":"Haha. Fk up ppl most rich. So fk it all up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/109655467","repostId":"1169827391","repostType":4,"repost":{"id":"1169827391","kind":"news","pubTimestamp":1619664680,"share":"https://www.laohu8.com/m/news/1169827391?lang=&edition=full","pubTime":"2021-04-29 10:51","market":"us","language":"en","title":"Amazon Earnings Will Be Fantastic. What That Means for the Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1169827391","media":"Barrons","summary":"Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stell","content":"<p>Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stellar fourth-quarter results that were overshadowed by the news that CEO Jeff Bezos will shift into the role of executive chairman, with Amazon Web Services chief Andy Jassy taking over the top slot.</p>\n<p>The combination of that pending change, along with uncertainty over how the reopening of the economy will affect shopping behavior, has some investors a little uneasy about the stock’s near-term prospects.</p>\n<p>They will get a fresh look at the situation after the close of trading on Thursday, when Amazon (ticker: AMZN) posts its results for the March quarter. Amazon has told investors to expect revenue of $100 billion to $106 billion, with operating income of between $3 billion and $6.5 billion, and about $2 billion in costs related to Covid-19. The Wall Street consensus calls for revenue of $104.5 billion, with profits of $9.54 a share.</p>\n<p>The Street also clearly expects the quarter’s results to show continued strength in e-commerce. According to FactSet, Wall Street analysts expect online-stores revenue of $51.5 billion, up 41% from a year ago, with third-party sales of $21.7 billion, up 50%. Subscription revenues are expected to be $7.3 billion, up 32%, while revenue from physical stores is expected to be $4.3 billion, down 8%. AWS revenues are projected at $13.2 billion, up 29%.</p>\n<p>One open question is what forecasts the company will make for the June quarter as parts of the country begin to return to more normal economic activity. The Street is projecting June quarter revenue of $108.7 billion and profits of $10.81 a share.</p>\n<p>In an earnings preview note, Truist analyst Youssef Squali reiterated a Buy rating on the stock and a target of $3,750 for the share price. The stock closed Tuesday at $3,417.43, up 4.9% year to date.</p>\n<p>He expects revenue to come in at the high end of the range Amazon predicted, saying e-commerce demand has remained strong both in the U.S. and internationally, given that the pandemic has been slow to subside. Conversations with people in the industry and strong earning disclosed last week by Snap bode well for Amazon’s ad business, which is lumped into a category called “other,” he wrote. He also thinks the market continues to underestimate the long-term growth potential of the dominance of the company’s two key businesses—e-commerce and AWS—as well as the company’s “emerging leadership in online advertising.”</p>\n<p>Stifel analyst Scott Devitt is similarly bullish, repeating a Buy rating and $4,000 target price. He sees 40% top-line growth, a little ahead of the Street consensus. “The focus on the report will largely center on the outlook as Amazon laps the difficult prior year compares from the onset of the pandemic,” he wrote in a research note.</p>\n<p>“Growth in a post-Covid environment remains largely uncertain for Amazon and across the e-commerce landscape,” Devitt said. “Our [June quarter] revenue estimates are ahead of consensus as we see tailwinds stemming from strong growth in new Prime members and diversification across geographies and categories supporting the retail business as economies recover.” He also said AWS and the ad business are well positioned for a recovery.</p>\n<p>Wedbush analyst Michael Pachter likewise maintained an Outperform rating and $4,000 target. He thinks the company will post more revenue and operating income than it had forecast, an outperformance resulting from market-share gains in e-commerce. </p>\n<p>“We believe that a more stable economy, continued imposition of shelter-in-place orders in many of Amazon’s markets, continued expansion into the very large grocery segment, and outstanding execution likely drove strong results in Q1,” he said. “In addition, Amazon Pharmacy (launched February 2) represents a U.S. [addressable market] of around $600 billion, so any market share gains could provide further upside.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Earnings Will Be Fantastic. What That Means for the 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\">\nAmazon Earnings Will Be Fantastic. What That Means for the Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-29 10:51 GMT+8 <a href=https://www.barrons.com/articles/amazon-is-likely-to-post-blowout-profits-the-question-is-what-follows-51619556363?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stellar fourth-quarter results that were overshadowed by the news that CEO Jeff Bezos will shift into the...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-is-likely-to-post-blowout-profits-the-question-is-what-follows-51619556363?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-is-likely-to-post-blowout-profits-the-question-is-what-follows-51619556363?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169827391","content_text":"Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stellar fourth-quarter results that were overshadowed by the news that CEO Jeff Bezos will shift into the role of executive chairman, with Amazon Web Services chief Andy Jassy taking over the top slot.\nThe combination of that pending change, along with uncertainty over how the reopening of the economy will affect shopping behavior, has some investors a little uneasy about the stock’s near-term prospects.\nThey will get a fresh look at the situation after the close of trading on Thursday, when Amazon (ticker: AMZN) posts its results for the March quarter. Amazon has told investors to expect revenue of $100 billion to $106 billion, with operating income of between $3 billion and $6.5 billion, and about $2 billion in costs related to Covid-19. The Wall Street consensus calls for revenue of $104.5 billion, with profits of $9.54 a share.\nThe Street also clearly expects the quarter’s results to show continued strength in e-commerce. According to FactSet, Wall Street analysts expect online-stores revenue of $51.5 billion, up 41% from a year ago, with third-party sales of $21.7 billion, up 50%. Subscription revenues are expected to be $7.3 billion, up 32%, while revenue from physical stores is expected to be $4.3 billion, down 8%. AWS revenues are projected at $13.2 billion, up 29%.\nOne open question is what forecasts the company will make for the June quarter as parts of the country begin to return to more normal economic activity. The Street is projecting June quarter revenue of $108.7 billion and profits of $10.81 a share.\nIn an earnings preview note, Truist analyst Youssef Squali reiterated a Buy rating on the stock and a target of $3,750 for the share price. The stock closed Tuesday at $3,417.43, up 4.9% year to date.\nHe expects revenue to come in at the high end of the range Amazon predicted, saying e-commerce demand has remained strong both in the U.S. and internationally, given that the pandemic has been slow to subside. Conversations with people in the industry and strong earning disclosed last week by Snap bode well for Amazon’s ad business, which is lumped into a category called “other,” he wrote. He also thinks the market continues to underestimate the long-term growth potential of the dominance of the company’s two key businesses—e-commerce and AWS—as well as the company’s “emerging leadership in online advertising.”\nStifel analyst Scott Devitt is similarly bullish, repeating a Buy rating and $4,000 target price. He sees 40% top-line growth, a little ahead of the Street consensus. “The focus on the report will largely center on the outlook as Amazon laps the difficult prior year compares from the onset of the pandemic,” he wrote in a research note.\n“Growth in a post-Covid environment remains largely uncertain for Amazon and across the e-commerce landscape,” Devitt said. “Our [June quarter] revenue estimates are ahead of consensus as we see tailwinds stemming from strong growth in new Prime members and diversification across geographies and categories supporting the retail business as economies recover.” He also said AWS and the ad business are well positioned for a recovery.\nWedbush analyst Michael Pachter likewise maintained an Outperform rating and $4,000 target. He thinks the company will post more revenue and operating income than it had forecast, an outperformance resulting from market-share gains in e-commerce. \n“We believe that a more stable economy, continued imposition of shelter-in-place orders in many of Amazon’s markets, continued expansion into the very large grocery segment, and outstanding execution likely drove strong results in Q1,” he said. “In addition, Amazon Pharmacy (launched February 2) represents a U.S. [addressable market] of around $600 billion, so any market share gains could provide further upside.”","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":1339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100454293,"gmtCreate":1619644642512,"gmtModify":1634211172076,"author":{"id":"3581543734121662","authorId":"3581543734121662","name":"5e89a222","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581543734121662","authorIdStr":"3581543734121662"},"themes":[],"htmlText":"Yup . Buy and hold.Buy the dip too when it is 20% lower than initial price.This is how I have fun and profitNOT FINANCIAL ADVICE","listText":"Yup . Buy and hold.Buy the dip too when it is 20% lower than initial price.This is how I have fun and profitNOT FINANCIAL ADVICE","text":"Yup . Buy and hold.Buy the dip too when it is 20% lower than initial price.This is how I have fun and profitNOT FINANCIAL ADVICE","images":[{"img":"https://static.tigerbbs.com/5be87023a8482a57e43d4fd4aad2459a","width":"1080","height":"1950"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100454293","isVote":1,"tweetType":1,"viewCount":1760,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}