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KingKong88
KingKong88
·
2021-12-04
[Facepalm]
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KingKong88
KingKong88
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2021-10-29
[强]
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KingKong88
KingKong88
·
2021-08-08
[思考]
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KingKong88
KingKong88
·
2021-08-06
[开心]
机器人拜登亮相迪士尼“总统殿堂” “特朗普”让位
中新网8月6日电 综合报道,当地时间4日,位于美国佛罗里达州奥兰多迪士尼的“总统殿堂”在修整数月后重新开放。“总统殿堂”是奥兰多迪士尼的特色景点。如今轮到了第46任总统拜登。在展览中,可以听到机器人拜登背诵总统就职誓言。据报道,由于“拜登”的加入,前总统特朗普的机器人被移到后排,与其他前总统站在一起。机器人特朗普于2017年首次揭幕后,其造型曾一度引发网民热议。
机器人拜登亮相迪士尼“总统殿堂” “特朗普”让位
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KingKong88
KingKong88
·
2021-08-05
[财迷]
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KingKong88
KingKong88
·
2021-08-05
[强]
Rock-Solid Demand to Drive U.S. Economy in 2021: 5 Top Picks
Wall Street has performed impressively in the first seven months of this year after finishing an ast
Rock-Solid Demand to Drive U.S. Economy in 2021: 5 Top Picks
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KingKong88
KingKong88
·
2021-08-03
Nice [强]
Pfizer awarded $3.5 billion contract by U.S. Army to produce COVID-19 vaccines
The Pentagon said on Monday that the U.S. Army has awarded Pfizer a contract valued at $3.5B to manu
Pfizer awarded $3.5 billion contract by U.S. Army to produce COVID-19 vaccines
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KingKong88
KingKong88
·
2021-08-02
Hmm... [思考]
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KingKong88
KingKong88
·
2021-08-01
[强]
Cathie Wood Is Just a Start as Stock Pickers Storm the ETF World
(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in
Cathie Wood Is Just a Start as Stock Pickers Storm the ETF World
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KingKong88
KingKong88
·
2021-07-31
Wow!
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}\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 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\">\n机器人拜登亮相迪士尼“总统殿堂” “特朗普”让位\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-06 10:09 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021080610102379dd5bc1&s=b><strong>中国新闻网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>中新网8月6日电 综合报道,当地时间4日,位于美国佛罗里达州奥兰多迪士尼的“总统殿堂”在修整数月后重新开放。同时,迪士尼也揭晓了美国现任总统拜登的发声机器人。“总统殿堂”是奥兰多迪士尼的特色景点。游客从一座形似费城独立厅的建筑进入剧场后,可以欣赏一段时长25分钟的演出,由“历任总统”介绍美国历史,它们都是由迪士尼精心制作的发声机器人。资料图:美国总统拜登。总统殿堂在尼克松任期内的1971年首次开放...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021080610102379dd5bc1&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/be1f2064b1def89283b4efa9b8ac4586","relate_stocks":{"300024":"机器人","DIS":"迪士尼"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021080610102379dd5bc1&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2157254457","content_text":"中新网8月6日电 综合报道,当地时间4日,位于美国佛罗里达州奥兰多迪士尼的“总统殿堂”在修整数月后重新开放。同时,迪士尼也揭晓了美国现任总统拜登的发声机器人。“总统殿堂”是奥兰多迪士尼的特色景点。游客从一座形似费城独立厅的建筑进入剧场后,可以欣赏一段时长25分钟的演出,由“历任总统”介绍美国历史,它们都是由迪士尼精心制作的发声机器人。资料图:美国总统拜登。总统殿堂在尼克松任期内的1971年首次开放,此后50年间,历任总统的机器人都会被陆续添加到这个景点中来。自克林顿开始,此后的每位总统都会为该景点亲自录制演讲词,这包括小布什、奥巴马和特朗普。如今轮到了第46任总统拜登。在展览中,可以听到机器人拜登背诵总统就职誓言。迪士尼称,这段音频是拜登在白宫专门为这个景点录制的。迪士尼透露,他们花了“几个月”时间制作拜登的机器人,在一旁的桌子上还展示了代表拜登家乡——特拉华州的桃花,以及拜登标志性的飞行员墨镜。据报道,由于“拜登”的加入,前总统特朗普的机器人被移到后排,与其他前总统站在一起。机器人特朗普于2017年首次揭幕后,其造型曾一度引发网民热议。","news_type":1,"symbols_score_info":{"300024":1,"DIS":1}},"isVote":1,"tweetType":1,"viewCount":3444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":899387282,"gmtCreate":1628160820346,"gmtModify":1633753063001,"author":{"id":"3581844366704770","authorId":"3581844366704770","name":"KingKong88","avatar":"https://static.tigerbbs.com/ca221e1f8c3c6fd2bccd3f8d4d7b5bdb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581844366704770","authorIdStr":"3581844366704770"},"themes":[],"htmlText":"[财迷] ","listText":"[财迷] ","text":"[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899387282","repostId":"1137856453","repostType":4,"isVote":1,"tweetType":1,"viewCount":3031,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":899384054,"gmtCreate":1628160649278,"gmtModify":1633753063814,"author":{"id":"3581844366704770","authorId":"3581844366704770","name":"KingKong88","avatar":"https://static.tigerbbs.com/ca221e1f8c3c6fd2bccd3f8d4d7b5bdb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581844366704770","authorIdStr":"3581844366704770"},"themes":[],"htmlText":"[强] ","listText":"[强] ","text":"[强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899384054","repostId":"2156810549","repostType":4,"repost":{"id":"2156810549","kind":"news","pubTimestamp":1628157730,"share":"https://ttm.financial/m/news/2156810549?lang=&edition=full","pubTime":"2021-08-05 18:02","market":"us","language":"en","title":"Rock-Solid Demand to Drive U.S. Economy in 2021: 5 Top Picks","url":"https://stock-news.laohu8.com/highlight/detail?id=2156810549","media":"Zacks","summary":"Wall Street has performed impressively in the first seven months of this year after finishing an ast","content":"<p>Wall Street has performed impressively in the first seven months of this year after finishing an astonishing 2020 despite the global outbreak of coronavirus. Yet, several market participants are concerned about whether stock markets will maintain momentum in the rest of 2021.</p>\n<p>The continued spread of the highly infectious Delta string of COVID-19, mounting inflationary pressure and the high valuation of stocks — as the three major stock indexes are hovering around their all-time highs — compelled a section of economists and financial researchers to talk about market corrections.</p>\n<p>Moreover, these experts are also wondering that the U.S. economic recovery may have reached its peak. As the fiscal stimulus is gradually fading out, investors are looking for the next catalyst to drive the economy. At this stage, a close look into the U.S. economy reveals that the driver is endogenous — it is rock-solid aggregate demand.</p>\n<h3>Robust Consumer Spending</h3>\n<p>The U.S. GDP exceeded the pre-pandemic level in second-quarter 2021. A section of economists and financial experts were skeptical that the U.S. economy can reach the pre-pandemic level the earliest in fourth-quarter 2021 or first-quarter 2022. This happened predominantly due to robust consumer spending that accounts for nearly 70% of the GDP.</p>\n<p>The core personal consumption expenditure (excluding volatile food and energy items) jumped 6% in the second quarter from an upwardly revised 2.7% in the previous quarter. Moreover, personal consumption returned to the positive territory with a gain of 1% in June after declining 0.1% in May.</p>\n<p>The Institute of Supply Management reported that the U.S. manufacturing PMI decreased 59.5% in July from 60.6% in June. This happened for three consecutive months although the overall PMI expanded in the last 14 months.</p>\n<p>However, the drop in the manufacturing index is solely due to supply-side bottlenecks. The report said, \"Business Survey Committee panelists reported that their companies and suppliers continue to struggle to meet increasing demand levels.\" A similar study conducted by the IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> reported that the U.S. manufacturing PMI hit a record-high 63.4% in July, mainly due to strong demand.</p>\n<p>The personal savings of Americans are around an astonishing $2 trillion. The sky-high savings are allowing people to indulge in their demands that were pent up during lockdowns and in turn compelling businesses to expand their scale of operations.</p>\n<p>U.S. businesses across sizes are expanding their scale of operations and hiring more despite soaring wages and salaries to cater to robust demand. The National Federation of Independent Business Small Business Optimism Index rose 2.9 points in June to reach a pandemic-era high of 102.5.</p>\n<p>The Conference Board reported that the consumer confidence index increased to 129.1 in the month, marking its highest level since February 2020. Spending intentions picked up last month, with a larger percentage of consumers saying that they planned to purchase homes, automobiles, and major appliances in the coming months.</p>\n<p>Consumer expenditure is likely to remain firm as we are entering the holiday sales season. This should drive the U.S. economy and consequently, Wall Street will be benefited although occasional fluctuations will remain.</p>\n<h3>Our Top Picks</h3>\n<p>We have narrowed down our search to five corporate behemoths (market capital > $100 billion) as these companies have globally established business models and worldwide acknowledged brand value. These stocks have strong growth potential for the rest of 2021 and have witnessed positive earnings estimate revisions within the last 7 days indicating the market is expecting these companies to do strong business in the rest of this year.</p>\n<p>These stocks have provided better returns than the benchmark S&P 500 Index in the past three months. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see <b>the complete list of today’s Zacks #1 Rank stocks here</b>.</p>\n<p>The chart below shows the price performance of our five picks in the past three months.</p>\n<p><img src=\"https://static.tigerbbs.com/72cd4b3157c44a9d96cc821d22180986\" tg-width=\"601\" tg-height=\"286\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image Source: Zacks Investment Research</p>\n<p><b>Apple Inc.</b>'s AAPL Services and Wearables businesses are expected to drive top-line growth in fiscal 2021 and beyond. Although Apple’s business primarily runs around its flagship iPhone, the Services portfolio has emerged as the company’s new cash cow. Its focus on autonomous vehicles and augmented reality/virtual reality technologies presents growth opportunity in the long haul.</p>\n<p>This Zacks Rank#1 company has an expected earnings growth rate of 2% for next year (ending September 2022) after an estimated 70.4% growth in the current year (ending September 2021). The Zacks Consensus Estimate for earnings next year improved 6.1% over the last 7 days.</p>\n<p><b>Advanced Micro Devices Inc.</b> <a href=\"https://laohu8.com/S/AMD\">AMD</a> is riding on robust performance from the Computing and Graphics, and Enterprise Embedded and Semi-Custom segments. It is benefiting from strong sales of its Ryzen and EPYC server processors, owing to the increasing proliferation of AI and Machine Learning (ML) in industries like cloud gaming and the supercomputing domain.</p>\n<p>Moreover, the growing clout of 7 nanometer (nm) products in the data center vertical, driven by work-from-home and online learning trends, is a key catalyst. Management raised its 2021 guidance for revenues and gross margin on the back of strong growth across all businesses.</p>\n<p>This Zacks Rank#1 company has an expected earnings growth rate of 93.8% for the current year. The Zacks Consensus Estimate for current-year earnings improved 15.2% over the last 7 days.</p>\n<p><b>Microsoft Corp.</b> MSFT is introducing new and improved Surface devices that could encourage enterprises to stick with Windows as they move toward BYOD and cloud computing. Microsoft’s advantages in this respect are two-fold.</p>\n<p>First, the company has a very large installed base of Office users. Most legacy data are based on Office, so enterprises are usually reluctant to use other productivity solutions. Second, the BYOD model is dependent on security and cloud integration, both of which are Microsoft’s strengths. As a result, Microsoft has been largely successful at retaining enterprise customers, which holds promise.</p>\n<p>This Zacks Rank#2 company has an expected earnings growth rate of 7.9% for the current year (ending June 2022). The Zacks Consensus Estimate for current-year earnings improved 3.5% over the last 7 days.</p>\n<p><b>NIKE Inc. </b>NKE provided strong guidance for fiscal 2022 and set long-term targets for fiscal 2025, driven by the momentum in its business as it comes out of the pandemic. For fiscal 2022, the company anticipates revenue growth in the low double digits, surpassing $50 billion, driven by strong customer demand across its operating segments.</p>\n<p>The company expects to benefit from robust digital growth, scaling NIKE-owned physical retail concepts and growing with partners. This Zacks Rank#2 company has an expected earnings growth rate of 20.8% for the current year (ending May 2022). The Zacks Consensus Estimate for current-year earnings improved 0.5% over the last 7 days.</p>\n<p><b>Qualcomm Inc. </b>QCOM is well-positioned to benefit from solid 5G traction with greater visibility to meet its long-term revenue targets. For calendar-year 2021, 5G handsets are expected to witness 150% year-over-year growth at the midpoint to about 450-550 units.</p>\n<p>Qualcomm has raised the bar for driverless cars with the launch of the first-of-its-kind automotive platform — Snapdragon Ride — which enables automakers to transform their vehicles into self-driving cars using AI.</p>\n<p>This Zacks Rank#2 company has an expected earnings growth rate of 11.2% for next year (ending September 2022). The Zacks Consensus Estimate for next-year earnings has improved 6.4% over the last 7 days.</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>Rock-Solid Demand to Drive U.S. Economy in 2021: 5 Top Picks</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\">\nRock-Solid Demand to Drive U.S. Economy in 2021: 5 Top Picks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 18:02 GMT+8 <a href=https://www.zacks.com/stock/news/1773998/rock-solid-demand-to-drive-us-economy-in-2021-5-top-picks?art_rec=home-home-investment_ideas_stocks-ID07-txt-1278299><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street has performed impressively in the first seven months of this year after finishing an astonishing 2020 despite the global outbreak of coronavirus. Yet, several market participants are ...</p>\n\n<a href=\"https://www.zacks.com/stock/news/1773998/rock-solid-demand-to-drive-us-economy-in-2021-5-top-picks?art_rec=home-home-investment_ideas_stocks-ID07-txt-1278299\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QCOM":"高通","AMD":"美国超微公司","NKE":"耐克","MSFT":"微软"},"source_url":"https://www.zacks.com/stock/news/1773998/rock-solid-demand-to-drive-us-economy-in-2021-5-top-picks?art_rec=home-home-investment_ideas_stocks-ID07-txt-1278299","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156810549","content_text":"Wall Street has performed impressively in the first seven months of this year after finishing an astonishing 2020 despite the global outbreak of coronavirus. Yet, several market participants are concerned about whether stock markets will maintain momentum in the rest of 2021.\nThe continued spread of the highly infectious Delta string of COVID-19, mounting inflationary pressure and the high valuation of stocks — as the three major stock indexes are hovering around their all-time highs — compelled a section of economists and financial researchers to talk about market corrections.\nMoreover, these experts are also wondering that the U.S. economic recovery may have reached its peak. As the fiscal stimulus is gradually fading out, investors are looking for the next catalyst to drive the economy. At this stage, a close look into the U.S. economy reveals that the driver is endogenous — it is rock-solid aggregate demand.\nRobust Consumer Spending\nThe U.S. GDP exceeded the pre-pandemic level in second-quarter 2021. A section of economists and financial experts were skeptical that the U.S. economy can reach the pre-pandemic level the earliest in fourth-quarter 2021 or first-quarter 2022. This happened predominantly due to robust consumer spending that accounts for nearly 70% of the GDP.\nThe core personal consumption expenditure (excluding volatile food and energy items) jumped 6% in the second quarter from an upwardly revised 2.7% in the previous quarter. Moreover, personal consumption returned to the positive territory with a gain of 1% in June after declining 0.1% in May.\nThe Institute of Supply Management reported that the U.S. manufacturing PMI decreased 59.5% in July from 60.6% in June. This happened for three consecutive months although the overall PMI expanded in the last 14 months.\nHowever, the drop in the manufacturing index is solely due to supply-side bottlenecks. The report said, \"Business Survey Committee panelists reported that their companies and suppliers continue to struggle to meet increasing demand levels.\" A similar study conducted by the IHS Markit reported that the U.S. manufacturing PMI hit a record-high 63.4% in July, mainly due to strong demand.\nThe personal savings of Americans are around an astonishing $2 trillion. The sky-high savings are allowing people to indulge in their demands that were pent up during lockdowns and in turn compelling businesses to expand their scale of operations.\nU.S. businesses across sizes are expanding their scale of operations and hiring more despite soaring wages and salaries to cater to robust demand. The National Federation of Independent Business Small Business Optimism Index rose 2.9 points in June to reach a pandemic-era high of 102.5.\nThe Conference Board reported that the consumer confidence index increased to 129.1 in the month, marking its highest level since February 2020. Spending intentions picked up last month, with a larger percentage of consumers saying that they planned to purchase homes, automobiles, and major appliances in the coming months.\nConsumer expenditure is likely to remain firm as we are entering the holiday sales season. This should drive the U.S. economy and consequently, Wall Street will be benefited although occasional fluctuations will remain.\nOur Top Picks\nWe have narrowed down our search to five corporate behemoths (market capital > $100 billion) as these companies have globally established business models and worldwide acknowledged brand value. These stocks have strong growth potential for the rest of 2021 and have witnessed positive earnings estimate revisions within the last 7 days indicating the market is expecting these companies to do strong business in the rest of this year.\nThese stocks have provided better returns than the benchmark S&P 500 Index in the past three months. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.\nThe chart below shows the price performance of our five picks in the past three months.\n\nImage Source: Zacks Investment Research\nApple Inc.'s AAPL Services and Wearables businesses are expected to drive top-line growth in fiscal 2021 and beyond. Although Apple’s business primarily runs around its flagship iPhone, the Services portfolio has emerged as the company’s new cash cow. Its focus on autonomous vehicles and augmented reality/virtual reality technologies presents growth opportunity in the long haul.\nThis Zacks Rank#1 company has an expected earnings growth rate of 2% for next year (ending September 2022) after an estimated 70.4% growth in the current year (ending September 2021). The Zacks Consensus Estimate for earnings next year improved 6.1% over the last 7 days.\nAdvanced Micro Devices Inc. AMD is riding on robust performance from the Computing and Graphics, and Enterprise Embedded and Semi-Custom segments. It is benefiting from strong sales of its Ryzen and EPYC server processors, owing to the increasing proliferation of AI and Machine Learning (ML) in industries like cloud gaming and the supercomputing domain.\nMoreover, the growing clout of 7 nanometer (nm) products in the data center vertical, driven by work-from-home and online learning trends, is a key catalyst. Management raised its 2021 guidance for revenues and gross margin on the back of strong growth across all businesses.\nThis Zacks Rank#1 company has an expected earnings growth rate of 93.8% for the current year. The Zacks Consensus Estimate for current-year earnings improved 15.2% over the last 7 days.\nMicrosoft Corp. MSFT is introducing new and improved Surface devices that could encourage enterprises to stick with Windows as they move toward BYOD and cloud computing. Microsoft’s advantages in this respect are two-fold.\nFirst, the company has a very large installed base of Office users. Most legacy data are based on Office, so enterprises are usually reluctant to use other productivity solutions. Second, the BYOD model is dependent on security and cloud integration, both of which are Microsoft’s strengths. As a result, Microsoft has been largely successful at retaining enterprise customers, which holds promise.\nThis Zacks Rank#2 company has an expected earnings growth rate of 7.9% for the current year (ending June 2022). The Zacks Consensus Estimate for current-year earnings improved 3.5% over the last 7 days.\nNIKE Inc. NKE provided strong guidance for fiscal 2022 and set long-term targets for fiscal 2025, driven by the momentum in its business as it comes out of the pandemic. For fiscal 2022, the company anticipates revenue growth in the low double digits, surpassing $50 billion, driven by strong customer demand across its operating segments.\nThe company expects to benefit from robust digital growth, scaling NIKE-owned physical retail concepts and growing with partners. This Zacks Rank#2 company has an expected earnings growth rate of 20.8% for the current year (ending May 2022). The Zacks Consensus Estimate for current-year earnings improved 0.5% over the last 7 days.\nQualcomm Inc. QCOM is well-positioned to benefit from solid 5G traction with greater visibility to meet its long-term revenue targets. For calendar-year 2021, 5G handsets are expected to witness 150% year-over-year growth at the midpoint to about 450-550 units.\nQualcomm has raised the bar for driverless cars with the launch of the first-of-its-kind automotive platform — Snapdragon Ride — which enables automakers to transform their vehicles into self-driving cars using AI.\nThis Zacks Rank#2 company has an expected earnings growth rate of 11.2% for next year (ending September 2022). The Zacks Consensus Estimate for next-year earnings has improved 6.4% over the last 7 days.","news_type":1,"symbols_score_info":{"AMD":0.9,"MSFT":0.9,"NKE":0.9,"QCOM":0.9}},"isVote":1,"tweetType":1,"viewCount":2273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":804430461,"gmtCreate":1627970219653,"gmtModify":1633754753848,"author":{"id":"3581844366704770","authorId":"3581844366704770","name":"KingKong88","avatar":"https://static.tigerbbs.com/ca221e1f8c3c6fd2bccd3f8d4d7b5bdb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581844366704770","authorIdStr":"3581844366704770"},"themes":[],"htmlText":"Nice [强] ","listText":"Nice [强] ","text":"Nice [强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804430461","repostId":"1166451449","repostType":4,"repost":{"id":"1166451449","kind":"news","pubTimestamp":1627968332,"share":"https://ttm.financial/m/news/1166451449?lang=&edition=full","pubTime":"2021-08-03 13:25","market":"us","language":"en","title":"Pfizer awarded $3.5 billion contract by U.S. Army to produce COVID-19 vaccines","url":"https://stock-news.laohu8.com/highlight/detail?id=1166451449","media":"Seeking Alpha","summary":"The Pentagon said on Monday that the U.S. Army has awarded Pfizer a contract valued at $3.5B to manu","content":"<ul>\n <li>The Pentagon said on Monday that the U.S. Army has awarded <a href=\"https://laohu8.com/S/PFE\">Pfizer</a> a contract valued at $3.5B to manufacture 500M doses of the vaccine developed by the company in partnership with <a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a>, <i>New York Post</i>reports.</li>\n <li>The vaccine deliveries will be earmarked for distribution around the world by the end of next year. Pfizer’s messenger-RNA-based vaccine became the first COVID-19 shot to win the FDA's emergency use authorization in December last year.</li>\n <li>A few days later, the U.S. government increased its order size for the vaccine by 100M doses, bringing the total number of its orders to 200M doses.</li>\n <li>In June, it was reported that Pfizer (PFE) agreed to supply the federal government with 500M doses of the vaccine with an option for another 200M doses.</li>\n <li>The company was set to make the deliveries at a not-for-profit basis, unlike the $19.50 per shot paid by the U.S. in the initial contract.</li>\n</ul>\n<ul></ul>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pfizer awarded $3.5 billion contract by U.S. Army to produce COVID-19 vaccines</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\">\nPfizer awarded $3.5 billion contract by U.S. Army to produce COVID-19 vaccines\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 13:25 GMT+8 <a href=https://seekingalpha.com/news/3723577-pfizer-awarded-35-billion-contract-to-produce-covid-19-vaccines-for-us-army><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Pentagon said on Monday that the U.S. Army has awarded Pfizer a contract valued at $3.5B to manufacture 500M doses of the vaccine developed by the company in partnership with BioNTech SE, New York...</p>\n\n<a href=\"https://seekingalpha.com/news/3723577-pfizer-awarded-35-billion-contract-to-produce-covid-19-vaccines-for-us-army\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞"},"source_url":"https://seekingalpha.com/news/3723577-pfizer-awarded-35-billion-contract-to-produce-covid-19-vaccines-for-us-army","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166451449","content_text":"The Pentagon said on Monday that the U.S. Army has awarded Pfizer a contract valued at $3.5B to manufacture 500M doses of the vaccine developed by the company in partnership with BioNTech SE, New York Postreports.\nThe vaccine deliveries will be earmarked for distribution around the world by the end of next year. Pfizer’s messenger-RNA-based vaccine became the first COVID-19 shot to win the FDA's emergency use authorization in December last year.\nA few days later, the U.S. government increased its order size for the vaccine by 100M doses, bringing the total number of its orders to 200M doses.\nIn June, it was reported that Pfizer (PFE) agreed to supply the federal government with 500M doses of the vaccine with an option for another 200M doses.\nThe company was set to make the deliveries at a not-for-profit basis, unlike the $19.50 per shot paid by the U.S. in the initial contract.","news_type":1,"symbols_score_info":{"PFE":0.9}},"isVote":1,"tweetType":1,"viewCount":1526,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":805649694,"gmtCreate":1627878916018,"gmtModify":1633755660612,"author":{"id":"3581844366704770","authorId":"3581844366704770","name":"KingKong88","avatar":"https://static.tigerbbs.com/ca221e1f8c3c6fd2bccd3f8d4d7b5bdb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581844366704770","authorIdStr":"3581844366704770"},"themes":[],"htmlText":"Hmm... [思考] ","listText":"Hmm... [思考] ","text":"Hmm... [思考]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/805649694","repostId":"1125617093","repostType":4,"isVote":1,"tweetType":1,"viewCount":3130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":802295071,"gmtCreate":1627781147893,"gmtModify":1633756495060,"author":{"id":"3581844366704770","authorId":"3581844366704770","name":"KingKong88","avatar":"https://static.tigerbbs.com/ca221e1f8c3c6fd2bccd3f8d4d7b5bdb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581844366704770","authorIdStr":"3581844366704770"},"themes":[],"htmlText":"[强] ","listText":"[强] ","text":"[强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802295071","repostId":"1141267906","repostType":4,"repost":{"id":"1141267906","kind":"news","pubTimestamp":1627780653,"share":"https://ttm.financial/m/news/1141267906?lang=&edition=full","pubTime":"2021-08-01 09:17","market":"us","language":"en","title":"Cathie Wood Is Just a Start as Stock Pickers Storm the ETF World","url":"https://stock-news.laohu8.com/highlight/detail?id=1141267906","media":"Bloomberg","summary":"(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in","content":"<p><img src=\"https://static.tigerbbs.com/a4418a4a4b2639ef5a68e4da556a6c1b\" tg-width=\"958\" tg-height=\"562\" width=\"100%\" height=\"auto\"></p>\n<p>(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in decline, someone forgot to tell the ETF industry.</p>\n<p>Amped up by a meme-crazed market and emboldened by the success of Cathie Wood’s Ark Investment Management, stock pickers are storming the $6.6 trillion U.S. exchange-traded fund universe like never before -- adding a new twist in the 50-year invasion from passive investing.</p>\n<p>Passive funds still dominate the industry, but actively managed products have cut into that lead, scooping up three-times their share of the unprecedented $500 billion plowed into ETFs in 2021, according to data compiled by Bloomberg. New active funds are arriving at double the rate of passive rivals, and the cohort has boosted its market share by a third in a year.</p>\n<p>“Historically, people have thought about ETFs as being indexed-based,” said Todd Rosenbluth, head of ETF and mutual fund research at CFRA Research. “Then Ark became a household name, and then investors came to realize that not only were those products worth looking at, but so were others.”</p>\n<p>None of this is supposed to happen in an industry built on the magic of indexing. Yet a market roller coaster brought on by the pandemic is helping discretionary asset managers turn ETFs to their own advantage.</p>\n<p>Equity conditions in general have become conducive to an active approach, leadership shifting in a stop-start economy, an unpredictable macro backdrop, and increased market breadth.</p>\n<p>Read more: Active Funds Crushed Equity Benchmarks in May Like Never Before</p>\n<p>At the same time, investors are showing an unusual willingness to make concentrated bets, from riding the meme-stock madness to following the kind of thematic vision laid out by Wood.</p>\n<p>They’ve poured $62 billion into active ETFs year-to-date. That’s 12% of total flows going to a slice of the market with only 4% of assets. In the rush to tap the burgeoning demand, issuers have now launched 156 actively managed products in 2021, compared with 77 passive funds.</p>\n<p>“At the end of day, the ETF is just a wrapper, it’s just a way to package and distribute an investment strategy,” said Ben Johnson, director of global ETF research at Morningstar. “More investors are getting hip to the fact that the notion of an actively-managed ETF is not an oxymoron.”</p>\n<p>Fifty-Year Battle</p>\n<p>The active surge is the latest development in a money-management battle that’s been raging since July 1971, when a team at Wells Fargo & Co. created the original index fund.</p>\n<p>Today, the passive juggernaut is slashing industry costs, opening up investing to the masses and forcing discretionary traders to adapt or die. Active launches may be booming, but the bulk of cash flooding U.S. stocks is still destined for big, cheap funds that do nothing but track the market.</p>\n<p>Read more: Wall Street Surrenders to the $500 Billion ETF Rush</p>\n<p>“Active ETFs are doing better than they have in past, but passive is still king,” said James Seyffart, an ETF analyst for Bloomberg Intelligence. “A lot of that active flow in the big months from late 2020 to early 2021 is to Cathie’s funds.”</p>\n<p>Wood has become the poster child for active management in ETFs. The flagship fund at Ark was one of the best-performing in America last year with a 149% return.</p>\n<p>Inspired by this and her enticing thematic approach -- which focuses on trends like robotics or space travel rather than market segments -- investors have sunk $14.5 billion into Ark funds in 2021.</p>\n<p>Passive Attack</p>\n<p>The mini boom for active ETFs comes not a moment too soon for the stock-picking industry.</p>\n<p>Passive funds -- mutual and exchange-traded -- now manage $11 trillion and are on course to hold 50% of all registered U.S. fund assets within five years, according to BI calculations.</p>\n<p>Critics say the rapidly swelling index industry is blowing bubbles in stock markets, weakening corporate governance and more. And in some ways, it can also hit returns.</p>\n<p>Take Tesla Inc.’s entry into the S&P 500 in December. While discretionary managers could buy Elon Musk’s firm in advance, index funds ended up adding it at an inflated valuation -- and were forced to offload billions of dollars in other stocks to make space in portfolios.</p>\n<p>“Index funds systematically buy high and sell low,” wrote Rob Arnott of Research Affiliates and his colleagues in a June paper. They argued investors would have been better off holding the company pushed out of the index to make way for Tesla.</p>\n<p>The main advantage stock pickers enjoy over their passive peers is more flexibility in deploying their cash. That’s something they’ve been able to bring to ETFs for years -- Wood’s first fund launched in 2014 -- but it was a rule change in 2019 that paved the way for the current jump in activity.</p>\n<p>It made launching ETFs easier, and enabled new structures that could hide the strategy underpinning a fund. That helped lure multiple major Wall Street players to the industry after years of holding out, including the likes of Wells Fargo and T. Rowe Price.</p>\n<p>Talk of discretionary management’s decline is still rampant, but the woes aren’t as bad as they may seem. Even as U.S. active funds -- mutual and ETF -- saw $209 billion exit last year, they closed 2020 with about $13.3 trillion under management. That was a 13% gain from 2019.</p>\n<p>The increase was largely thanks to rising markets, but if the current trend continues, before long it could just as easily be down to ETF growth.</p>\n<p>“We’re going to see the percentage of assets in actively-managed ETFs continue to climb higher,” said Rosenbluth at CFRA. “They’re going to continue to have the opportunity to punch above their weight.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Is Just a Start as Stock Pickers Storm the ETF World</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\">\nCathie Wood Is Just a Start as Stock Pickers Storm the ETF World\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 09:17 GMT+8 <a href=https://finance.yahoo.com/news/cathie-wood-just-start-stock-120000320.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in decline, someone forgot to tell the ETF industry.\nAmped up by a meme-crazed market and emboldened ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cathie-wood-just-start-stock-120000320.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/cathie-wood-just-start-stock-120000320.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141267906","content_text":"(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in decline, someone forgot to tell the ETF industry.\nAmped up by a meme-crazed market and emboldened by the success of Cathie Wood’s Ark Investment Management, stock pickers are storming the $6.6 trillion U.S. exchange-traded fund universe like never before -- adding a new twist in the 50-year invasion from passive investing.\nPassive funds still dominate the industry, but actively managed products have cut into that lead, scooping up three-times their share of the unprecedented $500 billion plowed into ETFs in 2021, according to data compiled by Bloomberg. New active funds are arriving at double the rate of passive rivals, and the cohort has boosted its market share by a third in a year.\n“Historically, people have thought about ETFs as being indexed-based,” said Todd Rosenbluth, head of ETF and mutual fund research at CFRA Research. “Then Ark became a household name, and then investors came to realize that not only were those products worth looking at, but so were others.”\nNone of this is supposed to happen in an industry built on the magic of indexing. Yet a market roller coaster brought on by the pandemic is helping discretionary asset managers turn ETFs to their own advantage.\nEquity conditions in general have become conducive to an active approach, leadership shifting in a stop-start economy, an unpredictable macro backdrop, and increased market breadth.\nRead more: Active Funds Crushed Equity Benchmarks in May Like Never Before\nAt the same time, investors are showing an unusual willingness to make concentrated bets, from riding the meme-stock madness to following the kind of thematic vision laid out by Wood.\nThey’ve poured $62 billion into active ETFs year-to-date. That’s 12% of total flows going to a slice of the market with only 4% of assets. In the rush to tap the burgeoning demand, issuers have now launched 156 actively managed products in 2021, compared with 77 passive funds.\n“At the end of day, the ETF is just a wrapper, it’s just a way to package and distribute an investment strategy,” said Ben Johnson, director of global ETF research at Morningstar. “More investors are getting hip to the fact that the notion of an actively-managed ETF is not an oxymoron.”\nFifty-Year Battle\nThe active surge is the latest development in a money-management battle that’s been raging since July 1971, when a team at Wells Fargo & Co. created the original index fund.\nToday, the passive juggernaut is slashing industry costs, opening up investing to the masses and forcing discretionary traders to adapt or die. Active launches may be booming, but the bulk of cash flooding U.S. stocks is still destined for big, cheap funds that do nothing but track the market.\nRead more: Wall Street Surrenders to the $500 Billion ETF Rush\n“Active ETFs are doing better than they have in past, but passive is still king,” said James Seyffart, an ETF analyst for Bloomberg Intelligence. “A lot of that active flow in the big months from late 2020 to early 2021 is to Cathie’s funds.”\nWood has become the poster child for active management in ETFs. The flagship fund at Ark was one of the best-performing in America last year with a 149% return.\nInspired by this and her enticing thematic approach -- which focuses on trends like robotics or space travel rather than market segments -- investors have sunk $14.5 billion into Ark funds in 2021.\nPassive Attack\nThe mini boom for active ETFs comes not a moment too soon for the stock-picking industry.\nPassive funds -- mutual and exchange-traded -- now manage $11 trillion and are on course to hold 50% of all registered U.S. fund assets within five years, according to BI calculations.\nCritics say the rapidly swelling index industry is blowing bubbles in stock markets, weakening corporate governance and more. And in some ways, it can also hit returns.\nTake Tesla Inc.’s entry into the S&P 500 in December. While discretionary managers could buy Elon Musk’s firm in advance, index funds ended up adding it at an inflated valuation -- and were forced to offload billions of dollars in other stocks to make space in portfolios.\n“Index funds systematically buy high and sell low,” wrote Rob Arnott of Research Affiliates and his colleagues in a June paper. They argued investors would have been better off holding the company pushed out of the index to make way for Tesla.\nThe main advantage stock pickers enjoy over their passive peers is more flexibility in deploying their cash. That’s something they’ve been able to bring to ETFs for years -- Wood’s first fund launched in 2014 -- but it was a rule change in 2019 that paved the way for the current jump in activity.\nIt made launching ETFs easier, and enabled new structures that could hide the strategy underpinning a fund. That helped lure multiple major Wall Street players to the industry after years of holding out, including the likes of Wells Fargo and T. Rowe Price.\nTalk of discretionary management’s decline is still rampant, but the woes aren’t as bad as they may seem. Even as U.S. active funds -- mutual and ETF -- saw $209 billion exit last year, they closed 2020 with about $13.3 trillion under management. That was a 13% gain from 2019.\nThe increase was largely thanks to rising markets, but if the current trend continues, before long it could just as easily be down to ETF growth.\n“We’re going to see the percentage of assets in actively-managed ETFs continue to climb higher,” said Rosenbluth at CFRA. “They’re going to continue to have the opportunity to punch above their weight.”","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2845,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":806757251,"gmtCreate":1627696267473,"gmtModify":1633757055596,"author":{"id":"3581844366704770","authorId":"3581844366704770","name":"KingKong88","avatar":"https://static.tigerbbs.com/ca221e1f8c3c6fd2bccd3f8d4d7b5bdb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581844366704770","authorIdStr":"3581844366704770"},"themes":[],"htmlText":"Wow! ","listText":"Wow! ","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806757251","repostId":"1109883672","repostType":4,"isVote":1,"tweetType":1,"viewCount":1033,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}