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Nutiyagon
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Nutiyagon
Nutiyagon
·
2021-08-12
Interesting
Alibaba Sets Up Harassment Hotline as Rape Probe Nears End<blockquote>随着强奸调查接近尾声,阿里巴巴-SW设立骚扰热线</blockquote>
(Bloomberg) -- Alibaba Group Holding Ltd. will set up a hotline and create a team dedicated to inves
Alibaba Sets Up Harassment Hotline as Rape Probe Nears End<blockquote>随着强奸调查接近尾声,阿里巴巴-SW设立骚扰热线</blockquote>
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Nutiyagon
Nutiyagon
·
2021-08-09
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Nutiyagon
Nutiyagon
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2021-08-08
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非常抱歉,此主贴已删除
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Nutiyagon
Nutiyagon
·
2021-08-07
Interesting
Space Race, Nasdaq, IBM, Nvidia: What to Watch When the Stock Market Opens<blockquote>太空竞赛、纳斯达克、IBM、英伟达:股市开盘时看什么</blockquote>
Stock futures are higher after Monday’s slide on Wall Street. To the moon! Well, not quite, butint
Space Race, Nasdaq, IBM, Nvidia: What to Watch When the Stock Market Opens<blockquote>太空竞赛、纳斯达克、IBM、英伟达:股市开盘时看什么</blockquote>
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Nutiyagon
Nutiyagon
·
2021-08-04
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Nutiyagon
Nutiyagon
·
2021-08-02
Interesting
Is Lordstown Motors Stock About To Pull Back?<blockquote>洛兹敦汽车公司股票即将回调吗?</blockquote>
Shares of Lordstown Motors Corp. may have broken an important support level. Even worse, there’s a c
Is Lordstown Motors Stock About To Pull Back?<blockquote>洛兹敦汽车公司股票即将回调吗?</blockquote>
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Nutiyagon
Nutiyagon
·
2021-08-01
Important
Investors, Beware! Stocks Are Entering the Most Dangerous Stretch of the Year<blockquote>投资者当心!股市正在进入今年最危险的时期</blockquote>
“Yes, it’s summer, my time of year,”as the group War sangin that golden oldie “Summer” from the 1970
Investors, Beware! Stocks Are Entering the Most Dangerous Stretch of the Year<blockquote>投资者当心!股市正在进入今年最危险的时期</blockquote>
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Nutiyagon
Nutiyagon
·
2021-08-01
Interesting
Antitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动人士希望全力以赴。这是他们应该首先考虑的一个教训</blockquote>
About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson Unive
Antitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动人士希望全力以赴。这是他们应该首先考虑的一个教训</blockquote>
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Nutiyagon
Nutiyagon
·
2021-07-31
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Nutiyagon
Nutiyagon
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2021-07-30
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That inquiry has almost concluded and its results will soon be announced, the company said on its official blog Thursday. Alibaba has meanwhile established a committee to police its workplace environment, comprised of senior female executives including Chief Financial Officer Maggie Wu and Chief People Officer Judy Tong, who was publicly censured Monday for the company’s mishandling of the incident.</p><p><blockquote>当一名阿里巴巴-SW员工指控她的经理在7月份出差时喝了一夜酒后对她进行性侵犯时,这家电子商务巨头展开了调查。该公司周四在其官方博客上表示,调查已接近结束,结果将很快公布。与此同时,阿里巴巴-SW成立了一个委员会来监管其工作场所环境,该委员会由高级女性高管组成,包括首席财务官Maggie Wu和首席人力官Judy Tong,后者周一因公司对该事件处理不当而受到公开谴责。</blockquote></p><p> The employee’s allegations, which went viral on China’s tightly controlled internet, have reverberated across the upper echelons of Alibaba and in C-suites across much of the country. The accused Alibaba manager has been fired, two senior executives at the e-commerce giant have resigned and Chief Executive Officer Daniel Zhang has issued a remarkable mea culpa, calling the company’s handling of the incident a “humiliation.”</p><p><blockquote>这名员工的指控在中国严格控制的互联网上疯传,在阿里巴巴-SW高层和中国大部分地区的高管中引起了反响。被指控的阿里巴巴-SW经理已被解雇,这家电子商务巨头的两名高管已辞职,首席执行官张勇发表了引人注目的道歉,称该公司对这一事件的处理是“耻辱”。</blockquote></p><p> In a nation that’s been slow to absorb lessons from the global #MeToo movement, the episode has triggered what many say is a long overdue examination of the ways Chinese women are too often treated at work: overlooked, objectified, forced to take part in male-dominated rituals like drinking with clients and brushed aside when reporting abuse. It comes at a time when much of China’s corporate world, particularly the tech industry, is under intense government scrutiny on issues ranging from anti-monopoly violations to the treatment of low-wage workers.</p><p><blockquote>在一个迟迟没有从全球#MeToo运动中吸取教训的国家,这一事件引发了许多人所说的对中国女性在工作中经常受到的待遇的早就应该进行的审视:被忽视、被物化、被迫参加男性主导的仪式,如与客户喝酒,在举报虐待时被置之不理。在此之际,中国的大部分企业界,尤其是科技行业,正受到政府的严格审查,涉及从违反反垄断法到低工资工人待遇等一系列问题。</blockquote></p><p> “The best reflection is action,” Alibaba said in a blogpost. “It is our shared responsibility to create a mutually respectful workplace environment.”</p><p><blockquote>“最好的反思就是行动,”阿里巴巴-SW在一篇博客文章中说。“创造一个相互尊重的职场环境是我们共同的责任。”</blockquote></p><p> The newly formed committee will in turn steer an independent team responsible for investigating complaints and reports related to sexual harassment and assault. The company also vowed to revise its code of conduct and improve guidelines for employee engagement with customers and partners, to help employees draw clear boundaries between work and social interaction.</p><p><blockquote>新成立的委员会将反过来指导一个独立小组,负责调查与性骚扰和性侵犯有关的投诉和报告。该公司还誓言要修改其行为准则,改进员工与客户和合作伙伴互动的指导方针,以帮助员工在工作和社交互动之间划清界限。</blockquote></p><p> The Alibaba incident has highlighted pervasive mistreatment of female workers across companies in China, where the #MeToo movement has failed to take off as widely as in Silicon Valley or elsewhere. Zhang, in a lengthy pre-dawn memo Monday, described an outpouring of emotions on Alibaba’s intranet and vowed to step up protections for women across the company while addressing its failure to act.</p><p><blockquote>阿里巴巴-SW事件凸显了中国各公司普遍存在虐待女性员工的现象,在中国,#MeToo运动未能像硅谷或其他地方那样广泛兴起。张在周一黎明前的一份冗长备忘录中描述了阿里巴巴-SW内联网上的情绪爆发,并发誓要加强对整个公司女性的保护,同时解决公司未能采取行动的问题。</blockquote></p><p> Alibaba became the highest-profile symbol of abuses regarded as prevalent throughout Chinese businesses and at tech firms, rooted in a hard-charging environment that often prioritizes achievement over culture. The #MeToo movement first came to prominence there in 2018 when allegations against a professor at a Beijing university were published on social media. Since then, a number of allegations have been made against academics, environmentalists and journalists.</p><p><blockquote>阿里巴巴-SW成为中国企业和科技公司普遍存在的虐待行为的最引人注目的象征,这种虐待行为植根于一个往往将成就置于文化之上的艰难环境。2018年,当社交媒体上发布了对北京大学一名教授的指控时,#MeToo运动首次在那里崭露头角。自那以后,学者、环保人士和记者受到了一些指控。</blockquote></p><p></p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Sets Up Harassment Hotline as Rape Probe Nears End<blockquote>随着强奸调查接近尾声,阿里巴巴-SW设立骚扰热线</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nAlibaba Sets Up Harassment Hotline as Rape Probe Nears End<blockquote>随着强奸调查接近尾声,阿里巴巴-SW设立骚扰热线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-08-12 22:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Bloomberg) -- Alibaba Group Holding Ltd. will set up a hotline and create a team dedicated to investigating sexual harassment complaints, after an employee accused her manager of rape and ignited a debate about misogyny across China’s tech industry.</p><p><blockquote>(彭博社)-阿里巴巴-SW集团控股有限公司将设立一条热线,并成立一个专门调查性骚扰投诉的小组。此前,一名员工指控其经理强奸,并在整个科技行业引发了一场关于厌女症的辩论。</blockquote></p><p> The e-commerce giant launched an investigation when an Alibaba employee accused her manager of sexually assaulting her after a night of heavy drinking while on a business trip in July. That inquiry has almost concluded and its results will soon be announced, the company said on its official blog Thursday. Alibaba has meanwhile established a committee to police its workplace environment, comprised of senior female executives including Chief Financial Officer Maggie Wu and Chief People Officer Judy Tong, who was publicly censured Monday for the company’s mishandling of the incident.</p><p><blockquote>当一名阿里巴巴-SW员工指控她的经理在7月份出差时喝了一夜酒后对她进行性侵犯时,这家电子商务巨头展开了调查。该公司周四在其官方博客上表示,调查已接近结束,结果将很快公布。与此同时,阿里巴巴-SW成立了一个委员会来监管其工作场所环境,该委员会由高级女性高管组成,包括首席财务官Maggie Wu和首席人力官Judy Tong,后者周一因公司对该事件处理不当而受到公开谴责。</blockquote></p><p> The employee’s allegations, which went viral on China’s tightly controlled internet, have reverberated across the upper echelons of Alibaba and in C-suites across much of the country. The accused Alibaba manager has been fired, two senior executives at the e-commerce giant have resigned and Chief Executive Officer Daniel Zhang has issued a remarkable mea culpa, calling the company’s handling of the incident a “humiliation.”</p><p><blockquote>这名员工的指控在中国严格控制的互联网上疯传,在阿里巴巴-SW高层和中国大部分地区的高管中引起了反响。被指控的阿里巴巴-SW经理已被解雇,这家电子商务巨头的两名高管已辞职,首席执行官张勇发表了引人注目的道歉,称该公司对这一事件的处理是“耻辱”。</blockquote></p><p> In a nation that’s been slow to absorb lessons from the global #MeToo movement, the episode has triggered what many say is a long overdue examination of the ways Chinese women are too often treated at work: overlooked, objectified, forced to take part in male-dominated rituals like drinking with clients and brushed aside when reporting abuse. It comes at a time when much of China’s corporate world, particularly the tech industry, is under intense government scrutiny on issues ranging from anti-monopoly violations to the treatment of low-wage workers.</p><p><blockquote>在一个迟迟没有从全球#MeToo运动中吸取教训的国家,这一事件引发了许多人所说的对中国女性在工作中经常受到的待遇的早就应该进行的审视:被忽视、被物化、被迫参加男性主导的仪式,如与客户喝酒,在举报虐待时被置之不理。在此之际,中国的大部分企业界,尤其是科技行业,正受到政府的严格审查,涉及从违反反垄断法到低工资工人待遇等一系列问题。</blockquote></p><p> “The best reflection is action,” Alibaba said in a blogpost. “It is our shared responsibility to create a mutually respectful workplace environment.”</p><p><blockquote>“最好的反思就是行动,”阿里巴巴-SW在一篇博客文章中说。“创造一个相互尊重的职场环境是我们共同的责任。”</blockquote></p><p> The newly formed committee will in turn steer an independent team responsible for investigating complaints and reports related to sexual harassment and assault. The company also vowed to revise its code of conduct and improve guidelines for employee engagement with customers and partners, to help employees draw clear boundaries between work and social interaction.</p><p><blockquote>新成立的委员会将反过来指导一个独立小组,负责调查与性骚扰和性侵犯有关的投诉和报告。该公司还誓言要修改其行为准则,改进员工与客户和合作伙伴互动的指导方针,以帮助员工在工作和社交互动之间划清界限。</blockquote></p><p> The Alibaba incident has highlighted pervasive mistreatment of female workers across companies in China, where the #MeToo movement has failed to take off as widely as in Silicon Valley or elsewhere. Zhang, in a lengthy pre-dawn memo Monday, described an outpouring of emotions on Alibaba’s intranet and vowed to step up protections for women across the company while addressing its failure to act.</p><p><blockquote>阿里巴巴-SW事件凸显了中国各公司普遍存在虐待女性员工的现象,在中国,#MeToo运动未能像硅谷或其他地方那样广泛兴起。张在周一黎明前的一份冗长备忘录中描述了阿里巴巴-SW内联网上的情绪爆发,并发誓要加强对整个公司女性的保护,同时解决公司未能采取行动的问题。</blockquote></p><p> Alibaba became the highest-profile symbol of abuses regarded as prevalent throughout Chinese businesses and at tech firms, rooted in a hard-charging environment that often prioritizes achievement over culture. The #MeToo movement first came to prominence there in 2018 when allegations against a professor at a Beijing university were published on social media. Since then, a number of allegations have been made against academics, environmentalists and journalists.</p><p><blockquote>阿里巴巴-SW成为中国企业和科技公司普遍存在的虐待行为的最引人注目的象征,这种虐待行为植根于一个往往将成就置于文化之上的艰难环境。2018年,当社交媒体上发布了对北京大学一名教授的指控时,#MeToo运动首次在那里崭露头角。自那以后,学者、环保人士和记者受到了一些指控。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://finance.yahoo.com/news/alibaba-sets-harassment-hotline-rape-140312273.html\">Bloomberg</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/alibaba-sets-harassment-hotline-rape-140312273.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187002992","content_text":"(Bloomberg) -- Alibaba Group Holding Ltd. will set up a hotline and create a team dedicated to investigating sexual harassment complaints, after an employee accused her manager of rape and ignited a debate about misogyny across China’s tech industry.\nThe e-commerce giant launched an investigation when an Alibaba employee accused her manager of sexually assaulting her after a night of heavy drinking while on a business trip in July. That inquiry has almost concluded and its results will soon be announced, the company said on its official blog Thursday. Alibaba has meanwhile established a committee to police its workplace environment, comprised of senior female executives including Chief Financial Officer Maggie Wu and Chief People Officer Judy Tong, who was publicly censured Monday for the company’s mishandling of the incident.\nThe employee’s allegations, which went viral on China’s tightly controlled internet, have reverberated across the upper echelons of Alibaba and in C-suites across much of the country. The accused Alibaba manager has been fired, two senior executives at the e-commerce giant have resigned and Chief Executive Officer Daniel Zhang has issued a remarkable mea culpa, calling the company’s handling of the incident a “humiliation.”\nIn a nation that’s been slow to absorb lessons from the global #MeToo movement, the episode has triggered what many say is a long overdue examination of the ways Chinese women are too often treated at work: overlooked, objectified, forced to take part in male-dominated rituals like drinking with clients and brushed aside when reporting abuse. It comes at a time when much of China’s corporate world, particularly the tech industry, is under intense government scrutiny on issues ranging from anti-monopoly violations to the treatment of low-wage workers.\n“The best reflection is action,” Alibaba said in a blogpost. “It is our shared responsibility to create a mutually respectful workplace environment.”\nThe newly formed committee will in turn steer an independent team responsible for investigating complaints and reports related to sexual harassment and assault. The company also vowed to revise its code of conduct and improve guidelines for employee engagement with customers and partners, to help employees draw clear boundaries between work and social interaction.\nThe Alibaba incident has highlighted pervasive mistreatment of female workers across companies in China, where the #MeToo movement has failed to take off as widely as in Silicon Valley or elsewhere. Zhang, in a lengthy pre-dawn memo Monday, described an outpouring of emotions on Alibaba’s intranet and vowed to step up protections for women across the company while addressing its failure to act.\nAlibaba became the highest-profile symbol of abuses regarded as prevalent throughout Chinese businesses and at tech firms, rooted in a hard-charging environment that often prioritizes achievement over culture. The #MeToo movement first came to prominence there in 2018 when allegations against a professor at a Beijing university were published on social media. Since then, a number of allegations have been made against academics, environmentalists and journalists.","news_type":1,"symbols_score_info":{"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":2089,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898658487,"gmtCreate":1628495894349,"gmtModify":1631889907013,"author":{"id":"3582660292296363","authorId":"3582660292296363","name":"Nutiyagon","avatar":"https://static.tigerbbs.com/51c1febec186d6fc76f56c19b8d29f1d","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582660292296363","authorIdStr":"3582660292296363"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898658487","repostId":"2157492983","repostType":4,"isVote":1,"tweetType":1,"viewCount":1907,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891778818,"gmtCreate":1628436939834,"gmtModify":1631889907020,"author":{"id":"3582660292296363","authorId":"3582660292296363","name":"Nutiyagon","avatar":"https://static.tigerbbs.com/51c1febec186d6fc76f56c19b8d29f1d","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582660292296363","authorIdStr":"3582660292296363"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/891778818","repostId":"2157490509","repostType":4,"isVote":1,"tweetType":1,"viewCount":2925,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891966302,"gmtCreate":1628318990806,"gmtModify":1631889907026,"author":{"id":"3582660292296363","authorId":"3582660292296363","name":"Nutiyagon","avatar":"https://static.tigerbbs.com/51c1febec186d6fc76f56c19b8d29f1d","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582660292296363","authorIdStr":"3582660292296363"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/891966302","repostId":"1159359820","repostType":4,"repost":{"id":"1159359820","kind":"news","pubTimestamp":1628264299,"share":"https://www.laohu8.com/m/news/1159359820?lang=zh_CN&edition=full","pubTime":"2021-08-06 23:38","market":"us","language":"en","title":"Space Race, Nasdaq, IBM, Nvidia: What to Watch When the Stock Market Opens<blockquote>太空竞赛、纳斯达克、IBM、英伟达:股市开盘时看什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1159359820","media":"The Wall Street Journal","summary":"Stock futures are higher after Monday’s slide on Wall Street.\n\n\nTo the moon! Well, not quite, butint","content":"<p> <b>Stock futures are higher after Monday’s slide on Wall Street.</b> </p><p><blockquote><b>华尔街周一下跌后,股指期货走高。</b></blockquote></p><p> To the moon! Well, not quite, butinto space at leasttoday forJeff Bezos,the billionaire baron of ecommerce. Also not going to the moon isAmazonAMZN-1.19%stock, though it is 0.3% up premarket on Tuesday morning.</p><p><blockquote>去月球!嗯,不完全是,但至少今天对于电子商务亿万富翁杰夫·贝索斯来说是这样。同样不会登上月球的还有亚马逊AMZN-1.19%的股票,尽管周二上午盘前上涨了0.3%。</blockquote></p><p> <ul> <li>One reason for Mr. Bezos’s rocket ride is the more earthly goal of winning government contracts for the kind of less thrilling scientific projects the provide reliable revenue. His Blue Origin company is playing catch-up withElon Musk’s SpaceX.</li> <li>Mr. Musk’s electric vehicle makerTesla,TSLA-1.55%is getting a bit of a boost Tuesday morning ahead of the open, rising 1% premarket. It is also gaining more attention on the message boards among day traders, according to Topstonks.com. The company reports earnings next Monday and tends to see its stock rise in the days ahead as investors start hoping for exciting announcements.</li> <li>In the wider markets, U.S. stock futures are trending higher ahead of the open following Monday’s broad selloff. S&P 500 futures and Dow futures are up 0.3%, and Nasdaq-100 futures are up 0.4%.</li> <li>Nasdaq the company, not the index, is itself rising premarket, up 1%, after TheWall Street Journal’s exclusivethat it will spin out its Private Market for shares in start-ups that trade among some investors before an initial public offering. The business will go into a standalone joint venture company and get investment from three Wall Street banks and SVB Financial Group, a tech specialist bank.</li> <li>NvidiaNVDA-1.30%is down 0.8% on large volumes following a 3.4% rise Monday. The shares are up nearly 80% over the past year, putting the chip makerinto the top 10list of U.S. public companies. It also executed its four-for-one stock split overnight, which has given some investorsmore ways to trade the stock-performance.</li> <li>International Business MachinesIBM+0.54%is up 2.8% ahead of the open on Tuesday after turning in decent second-quarter numbers Monday after the close. The computing group’s efforts to refocus on cloud-based computing and spin off its old-fashioned IT services business is winning fans among investors. At the same time, it has benefitted from companies beginning to invest again as the economy reopens.</li> </ul> <ul> <li>Advanced Micro DevicesAMD+1.43%is rising up the chat charts on social media platforms, according to Topstonks.com, gaining popularity among retail traders. Its shares are up 0.4% premarket on good volumes following a 0.8% rise Monday.</li> <li>Growing chatter and chunky volumes Tuesday morning for another perennial retail favourite:AMC Entertainment.AMC-3.16%The cinema chain’s shares have taken a bit of a beating so far this month, but they are 1.7% higher premarket Tuesday.</li> <li>Zoom Video CommunicationsZM-3.50%is bouncing slightly Tuesday morning, up 0.4% in premarket trading after a 2.2% drop on Monday when it revealed it would buy customer service software firmFive9.FIVN-3.04%The target’s shares jumped nearly 6% Monday, are down 0.3% premarket.</li> <li>Shares in big U.S. investments banks, which all took a knock Monday with the drop in financial markets, look set to rebound a bit Tuesday:Goldman SachsGS+2.91%andJPMorgan ChaseJPM+2.66%are both up about 0.3%, while andMorgan StanleyMS+1.64%up about 0.5% in premarket trading.</li> <li>Bitcoin dropped below $30,000 Tuesday for the first time in a month.</li> <li>Netflix,NFLX-0.33%United AirlinesUAL-0.71%andChipotle Mexican GrillCMG-0.63%are due to report earnings after Tuesday’s close.</li> </ul> <img src=\"https://static.tigerbbs.com/6454f89ce9900ecbca7664b0da4ff6fa\" tg-width=\"761\" tg-height=\"567\" width=\"100%\" height=\"auto\"></p><p><blockquote><ul><li>贝佐斯乘坐火箭的一个原因是更世俗的目标,即赢得政府合同,为那些不那么令人兴奋的科学项目提供可靠的收入。他的蓝色起源公司正在追赶埃隆·马斯克的SpaceX。</li><li>马斯克的电动汽车制造商特斯拉(TSLA-1.55%)周二上午开盘前小幅上涨,盘前上涨1%。据Topstonks.com称,它也在日内交易者的留言板上获得了更多关注。该公司将于下周一公布财报,随着投资者开始期待令人兴奋的公告,其股价在未来几天可能会上涨。</li><li>在更广泛的市场中,继周一的广泛抛售之后,美国股指期货在开盘前呈走高趋势。标普500期货和道指期货上涨0.3%,纳斯达克100期货上涨0.4%。</li><li>纳斯达克该公司(而不是该指数)本身在盘前上涨,上涨了1%,此前《华尔街日报》独家报道称,该公司将分拆其私人市场,购买在首次公开募股之前在一些投资者中交易的初创企业股票。该业务将成立一家独立的合资公司,并获得三家华尔街银行和科技专业银行SVB金融集团的投资。</li><li>英伟达(NvidiaNVDA-1.30%)继周一上涨3.该公司股价在过去一年上涨了近80%,使这家芯片制造商跻身美国上市公司前十名。它还在一夜之间执行了四对一的股票分割,这为一些投资者提供了更多交易股票表现的方式。</li><li>国际商业机器IBM+0.54%在周一收盘后公布了不错的第二季度数据后,周二开盘前上涨2.8%。该计算集团重新专注于基于云的计算并剥离其老式IT服务业务的努力正在赢得投资者的青睐。与此同时,随着经济重新开放,企业开始再次投资,它也从中受益。</li></ul><ul><li>根据Topstonks.com的数据,Advanced Micro DevicesAMD+1.43%在社交媒体平台上的聊天排行榜上不断上升,在零售交易者中越来越受欢迎。继周一上涨0.8%后,其股价盘前上涨0.4%,成交量良好。</li><li>周二上午,另一家长期受欢迎的零售巨头AMC Entertainment的讨论和成交量不断增加。AMC-3.16%这家连锁影院的股价本月迄今为止遭受了一些打击,但周二盘前上涨了1.7%。</li><li>Zoom Video通信ZM-3.50%周二上午小幅反弹,盘前交易中上涨0.4%,周一该公司透露将收购客户服务软件公司Five9.FIVN-3.04%,该公司股价周一上涨近6%,盘前下跌0.3%。</li><li>美国大型投资银行的股价周一均因金融市场下跌而受到打击,但周二似乎将小幅反弹:高盛SGS+2.91%和摩根大通JPM+2.66%均上涨约0.3%,而摩根士丹利MS+1.64%盘前交易上涨约0.5%。</li><li>比特币周二一个月来首次跌破30,000美元。</li><li>Netflix、NFLX-0.33%联合航空SU-0.71%和Chipotle Mexican GrillCMG-0.63%将于周二收盘后公布财报。</li></ul></blockquote></p><p> <ul> <li>Stocks, commodities and other financial marketstook a stumbleMonday on growing concerns about the strength of the post-Covid-19 global recovery.</li> </ul> <b>Corrections & Amplifications</b></p><p><blockquote><ul><li>由于对Covid-19后全球复苏力度的担忧日益加剧,股市、大宗商品和其他金融市场周一下跌。</li></ul><b>校正和放大</b></blockquote></p><p> Nvidia shares rose 3.4% on Monday, July 19. An earlier version of this article incorrectly said that they rose 15%. A separate version of the article incorrectly said they rose 3%. (Corrected on Aug. 6)</p><p><blockquote>7月19日星期一,英伟达股价上涨3.4%。本文的早期版本错误地说它们上涨了15%。这篇文章的另一个版本错误地说它们上涨了3%。(8月6日更正)</blockquote></p><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>Space Race, Nasdaq, IBM, Nvidia: What to Watch When the Stock Market Opens<blockquote>太空竞赛、纳斯达克、IBM、英伟达:股市开盘时看什么</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nSpace Race, Nasdaq, IBM, Nvidia: What to Watch When the Stock Market Opens<blockquote>太空竞赛、纳斯达克、IBM、英伟达:股市开盘时看什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-08-06 23:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p> <b>Stock futures are higher after Monday’s slide on Wall Street.</b> </p><p><blockquote><b>华尔街周一下跌后,股指期货走高。</b></blockquote></p><p> To the moon! Well, not quite, butinto space at leasttoday forJeff Bezos,the billionaire baron of ecommerce. Also not going to the moon isAmazonAMZN-1.19%stock, though it is 0.3% up premarket on Tuesday morning.</p><p><blockquote>去月球!嗯,不完全是,但至少今天对于电子商务亿万富翁杰夫·贝索斯来说是这样。同样不会登上月球的还有亚马逊AMZN-1.19%的股票,尽管周二上午盘前上涨了0.3%。</blockquote></p><p> <ul> <li>One reason for Mr. Bezos’s rocket ride is the more earthly goal of winning government contracts for the kind of less thrilling scientific projects the provide reliable revenue. His Blue Origin company is playing catch-up withElon Musk’s SpaceX.</li> <li>Mr. Musk’s electric vehicle makerTesla,TSLA-1.55%is getting a bit of a boost Tuesday morning ahead of the open, rising 1% premarket. It is also gaining more attention on the message boards among day traders, according to Topstonks.com. The company reports earnings next Monday and tends to see its stock rise in the days ahead as investors start hoping for exciting announcements.</li> <li>In the wider markets, U.S. stock futures are trending higher ahead of the open following Monday’s broad selloff. S&P 500 futures and Dow futures are up 0.3%, and Nasdaq-100 futures are up 0.4%.</li> <li>Nasdaq the company, not the index, is itself rising premarket, up 1%, after TheWall Street Journal’s exclusivethat it will spin out its Private Market for shares in start-ups that trade among some investors before an initial public offering. The business will go into a standalone joint venture company and get investment from three Wall Street banks and SVB Financial Group, a tech specialist bank.</li> <li>NvidiaNVDA-1.30%is down 0.8% on large volumes following a 3.4% rise Monday. The shares are up nearly 80% over the past year, putting the chip makerinto the top 10list of U.S. public companies. It also executed its four-for-one stock split overnight, which has given some investorsmore ways to trade the stock-performance.</li> <li>International Business MachinesIBM+0.54%is up 2.8% ahead of the open on Tuesday after turning in decent second-quarter numbers Monday after the close. The computing group’s efforts to refocus on cloud-based computing and spin off its old-fashioned IT services business is winning fans among investors. At the same time, it has benefitted from companies beginning to invest again as the economy reopens.</li> </ul> <ul> <li>Advanced Micro DevicesAMD+1.43%is rising up the chat charts on social media platforms, according to Topstonks.com, gaining popularity among retail traders. Its shares are up 0.4% premarket on good volumes following a 0.8% rise Monday.</li> <li>Growing chatter and chunky volumes Tuesday morning for another perennial retail favourite:AMC Entertainment.AMC-3.16%The cinema chain’s shares have taken a bit of a beating so far this month, but they are 1.7% higher premarket Tuesday.</li> <li>Zoom Video CommunicationsZM-3.50%is bouncing slightly Tuesday morning, up 0.4% in premarket trading after a 2.2% drop on Monday when it revealed it would buy customer service software firmFive9.FIVN-3.04%The target’s shares jumped nearly 6% Monday, are down 0.3% premarket.</li> <li>Shares in big U.S. investments banks, which all took a knock Monday with the drop in financial markets, look set to rebound a bit Tuesday:Goldman SachsGS+2.91%andJPMorgan ChaseJPM+2.66%are both up about 0.3%, while andMorgan StanleyMS+1.64%up about 0.5% in premarket trading.</li> <li>Bitcoin dropped below $30,000 Tuesday for the first time in a month.</li> <li>Netflix,NFLX-0.33%United AirlinesUAL-0.71%andChipotle Mexican GrillCMG-0.63%are due to report earnings after Tuesday’s close.</li> </ul> <img src=\"https://static.tigerbbs.com/6454f89ce9900ecbca7664b0da4ff6fa\" tg-width=\"761\" tg-height=\"567\" width=\"100%\" height=\"auto\"></p><p><blockquote><ul><li>贝佐斯乘坐火箭的一个原因是更世俗的目标,即赢得政府合同,为那些不那么令人兴奋的科学项目提供可靠的收入。他的蓝色起源公司正在追赶埃隆·马斯克的SpaceX。</li><li>马斯克的电动汽车制造商特斯拉(TSLA-1.55%)周二上午开盘前小幅上涨,盘前上涨1%。据Topstonks.com称,它也在日内交易者的留言板上获得了更多关注。该公司将于下周一公布财报,随着投资者开始期待令人兴奋的公告,其股价在未来几天可能会上涨。</li><li>在更广泛的市场中,继周一的广泛抛售之后,美国股指期货在开盘前呈走高趋势。标普500期货和道指期货上涨0.3%,纳斯达克100期货上涨0.4%。</li><li>纳斯达克该公司(而不是该指数)本身在盘前上涨,上涨了1%,此前《华尔街日报》独家报道称,该公司将分拆其私人市场,购买在首次公开募股之前在一些投资者中交易的初创企业股票。该业务将成立一家独立的合资公司,并获得三家华尔街银行和科技专业银行SVB金融集团的投资。</li><li>英伟达(NvidiaNVDA-1.30%)继周一上涨3.该公司股价在过去一年上涨了近80%,使这家芯片制造商跻身美国上市公司前十名。它还在一夜之间执行了四对一的股票分割,这为一些投资者提供了更多交易股票表现的方式。</li><li>国际商业机器IBM+0.54%在周一收盘后公布了不错的第二季度数据后,周二开盘前上涨2.8%。该计算集团重新专注于基于云的计算并剥离其老式IT服务业务的努力正在赢得投资者的青睐。与此同时,随着经济重新开放,企业开始再次投资,它也从中受益。</li></ul><ul><li>根据Topstonks.com的数据,Advanced Micro DevicesAMD+1.43%在社交媒体平台上的聊天排行榜上不断上升,在零售交易者中越来越受欢迎。继周一上涨0.8%后,其股价盘前上涨0.4%,成交量良好。</li><li>周二上午,另一家长期受欢迎的零售巨头AMC Entertainment的讨论和成交量不断增加。AMC-3.16%这家连锁影院的股价本月迄今为止遭受了一些打击,但周二盘前上涨了1.7%。</li><li>Zoom Video通信ZM-3.50%周二上午小幅反弹,盘前交易中上涨0.4%,周一该公司透露将收购客户服务软件公司Five9.FIVN-3.04%,该公司股价周一上涨近6%,盘前下跌0.3%。</li><li>美国大型投资银行的股价周一均因金融市场下跌而受到打击,但周二似乎将小幅反弹:高盛SGS+2.91%和摩根大通JPM+2.66%均上涨约0.3%,而摩根士丹利MS+1.64%盘前交易上涨约0.5%。</li><li>比特币周二一个月来首次跌破30,000美元。</li><li>Netflix、NFLX-0.33%联合航空SU-0.71%和Chipotle Mexican GrillCMG-0.63%将于周二收盘后公布财报。</li></ul></blockquote></p><p> <ul> <li>Stocks, commodities and other financial marketstook a stumbleMonday on growing concerns about the strength of the post-Covid-19 global recovery.</li> </ul> <b>Corrections & Amplifications</b></p><p><blockquote><ul><li>由于对Covid-19后全球复苏力度的担忧日益加剧,股市、大宗商品和其他金融市场周一下跌。</li></ul><b>校正和放大</b></blockquote></p><p> Nvidia shares rose 3.4% on Monday, July 19. An earlier version of this article incorrectly said that they rose 15%. A separate version of the article incorrectly said they rose 3%. (Corrected on Aug. 6)</p><p><blockquote>7月19日星期一,英伟达股价上涨3.4%。本文的早期版本错误地说它们上涨了15%。这篇文章的另一个版本错误地说它们上涨了3%。(8月6日更正)</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.wsj.com/articles/space-race-nvidia-and-ibm-what-to-watch-when-the-market-opens-11626778707?mod=rss_markets_main\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.wsj.com/articles/space-race-nvidia-and-ibm-what-to-watch-when-the-market-opens-11626778707?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159359820","content_text":"Stock futures are higher after Monday’s slide on Wall Street.\n\n\nTo the moon! Well, not quite, butinto space at leasttoday forJeff Bezos,the billionaire baron of ecommerce. Also not going to the moon isAmazonAMZN-1.19%stock, though it is 0.3% up premarket on Tuesday morning.\n\nOne reason for Mr. Bezos’s rocket ride is the more earthly goal of winning government contracts for the kind of less thrilling scientific projects the provide reliable revenue. His Blue Origin company is playing catch-up withElon Musk’s SpaceX.\nMr. Musk’s electric vehicle makerTesla,TSLA-1.55%is getting a bit of a boost Tuesday morning ahead of the open, rising 1% premarket. It is also gaining more attention on the message boards among day traders, according to Topstonks.com. The company reports earnings next Monday and tends to see its stock rise in the days ahead as investors start hoping for exciting announcements.\nIn the wider markets, U.S. stock futures are trending higher ahead of the open following Monday’s broad selloff. S&P 500 futures and Dow futures are up 0.3%, and Nasdaq-100 futures are up 0.4%.\nNasdaq the company, not the index, is itself rising premarket, up 1%, after TheWall Street Journal’s exclusivethat it will spin out its Private Market for shares in start-ups that trade among some investors before an initial public offering. The business will go into a standalone joint venture company and get investment from three Wall Street banks and SVB Financial Group, a tech specialist bank.\nNvidiaNVDA-1.30%is down 0.8% on large volumes following a 3.4% rise Monday. The shares are up nearly 80% over the past year, putting the chip makerinto the top 10list of U.S. public companies. It also executed its four-for-one stock split overnight, which has given some investorsmore ways to trade the stock-performance.\nInternational Business MachinesIBM+0.54%is up 2.8% ahead of the open on Tuesday after turning in decent second-quarter numbers Monday after the close. The computing group’s efforts to refocus on cloud-based computing and spin off its old-fashioned IT services business is winning fans among investors. At the same time, it has benefitted from companies beginning to invest again as the economy reopens.\n\n\nAdvanced Micro DevicesAMD+1.43%is rising up the chat charts on social media platforms, according to Topstonks.com, gaining popularity among retail traders. Its shares are up 0.4% premarket on good volumes following a 0.8% rise Monday.\nGrowing chatter and chunky volumes Tuesday morning for another perennial retail favourite:AMC Entertainment.AMC-3.16%The cinema chain’s shares have taken a bit of a beating so far this month, but they are 1.7% higher premarket Tuesday.\nZoom Video CommunicationsZM-3.50%is bouncing slightly Tuesday morning, up 0.4% in premarket trading after a 2.2% drop on Monday when it revealed it would buy customer service software firmFive9.FIVN-3.04%The target’s shares jumped nearly 6% Monday, are down 0.3% premarket.\nShares in big U.S. investments banks, which all took a knock Monday with the drop in financial markets, look set to rebound a bit Tuesday:Goldman SachsGS+2.91%andJPMorgan ChaseJPM+2.66%are both up about 0.3%, while andMorgan StanleyMS+1.64%up about 0.5% in premarket trading.\nBitcoin dropped below $30,000 Tuesday for the first time in a month.\nNetflix,NFLX-0.33%United AirlinesUAL-0.71%andChipotle Mexican GrillCMG-0.63%are due to report earnings after Tuesday’s close.\n\n\n\nStocks, commodities and other financial marketstook a stumbleMonday on growing concerns about the strength of the post-Covid-19 global recovery.\n\nCorrections & Amplifications\nNvidia shares rose 3.4% on Monday, July 19. An earlier version of this article incorrectly said that they rose 15%. A separate version of the article incorrectly said they rose 3%. (Corrected on Aug. 6)","news_type":1,"symbols_score_info":{".SPX":0.9,"SPY":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890145911,"gmtCreate":1628088543533,"gmtModify":1631889907027,"author":{"id":"3582660292296363","authorId":"3582660292296363","name":"Nutiyagon","avatar":"https://static.tigerbbs.com/51c1febec186d6fc76f56c19b8d29f1d","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582660292296363","authorIdStr":"3582660292296363"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/890145911","repostId":"1105936005","repostType":4,"isVote":1,"tweetType":1,"viewCount":1695,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804058642,"gmtCreate":1627913380986,"gmtModify":1631889907029,"author":{"id":"3582660292296363","authorId":"3582660292296363","name":"Nutiyagon","avatar":"https://static.tigerbbs.com/51c1febec186d6fc76f56c19b8d29f1d","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582660292296363","authorIdStr":"3582660292296363"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804058642","repostId":"1110751791","repostType":4,"repost":{"id":"1110751791","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1627910385,"share":"https://www.laohu8.com/m/news/1110751791?lang=zh_CN&edition=full","pubTime":"2021-08-02 21:19","market":"us","language":"en","title":"Is Lordstown Motors Stock About To Pull Back?<blockquote>洛兹敦汽车公司股票即将回调吗?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1110751791","media":"Benzinga","summary":"Shares of Lordstown Motors Corp. may have broken an important support level. Even worse, there’s a c","content":"<p>Shares of <b><a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a></b> may have broken an important support level. Even worse, there’s a chance this level will turn into resistance. This could keep a ceiling over the stock.</p><p><blockquote>本公司之股份<b><a href=\"https://laohu8.com/S/RIDE\">洛兹敦汽车公司。</a></b>可能已经突破了重要支撑位。更糟糕的是,这个水平有可能变成阻力。这可能会保持股票的上限。</blockquote></p><p> The support was at $7. When RIDE reached it in May, the downtrend ended. This is because at this level, there was more demand than there was supply of the shares. The buyers took all the shares the sellers had and a rebound followed.</p><p><blockquote>支撑位在7美元。当RIDE在5月份达到该水平时,下降趋势结束。这是因为在这个水平上,股票的需求大于供给。买家拿走了卖家拥有的所有股票,随后出现了反弹。</blockquote></p><p> But now the shares have broken this support level. They are trading lower.</p><p><blockquote>但现在股价已经突破了这一支撑位。他们的交易价格较低。</blockquote></p><p> Many of the investors who bought RIDE at $7 now regret their decision to do so. A number of them decide to sell, but they will only if they can sell them at the same price they bought at. This way they won’t lose any money.</p><p><blockquote>许多以7美元购买RIDE的投资者现在后悔自己这样做的决定。他们中的一些人决定出售,但只有当他们能以与购买时相同的价格出售时,他们才会出售。这样他们就不会损失任何钱。</blockquote></p><p> As a result, they place their sell orders at $7. If there are enough of them, it will form resistance. This supply of stock may keep a top on the price.</p><p><blockquote>因此,他们以7美元的价格下了卖单。如果数量足够多,就会形成阻力。这种库存供应可能会使价格保持高位。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/83205ce32db5a8714cea3d25a6bc2ae9\" tg-width=\"1608\" tg-height=\"821\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><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>Is Lordstown Motors Stock About To Pull Back?<blockquote>洛兹敦汽车公司股票即将回调吗?</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nIs Lordstown Motors Stock About To Pull Back?<blockquote>洛兹敦汽车公司股票即将回调吗?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-08-02 21:19</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Shares of <b><a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a></b> may have broken an important support level. Even worse, there’s a chance this level will turn into resistance. This could keep a ceiling over the stock.</p><p><blockquote>本公司之股份<b><a href=\"https://laohu8.com/S/RIDE\">洛兹敦汽车公司。</a></b>可能已经突破了重要支撑位。更糟糕的是,这个水平有可能变成阻力。这可能会保持股票的上限。</blockquote></p><p> The support was at $7. When RIDE reached it in May, the downtrend ended. This is because at this level, there was more demand than there was supply of the shares. The buyers took all the shares the sellers had and a rebound followed.</p><p><blockquote>支撑位在7美元。当RIDE在5月份达到该水平时,下降趋势结束。这是因为在这个水平上,股票的需求大于供给。买家拿走了卖家拥有的所有股票,随后出现了反弹。</blockquote></p><p> But now the shares have broken this support level. They are trading lower.</p><p><blockquote>但现在股价已经突破了这一支撑位。他们的交易价格较低。</blockquote></p><p> Many of the investors who bought RIDE at $7 now regret their decision to do so. A number of them decide to sell, but they will only if they can sell them at the same price they bought at. This way they won’t lose any money.</p><p><blockquote>许多以7美元购买RIDE的投资者现在后悔自己这样做的决定。他们中的一些人决定出售,但只有当他们能以与购买时相同的价格出售时,他们才会出售。这样他们就不会损失任何钱。</blockquote></p><p> As a result, they place their sell orders at $7. If there are enough of them, it will form resistance. This supply of stock may keep a top on the price.</p><p><blockquote>因此,他们以7美元的价格下了卖单。如果数量足够多,就会形成阻力。这种库存供应可能会使价格保持高位。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/83205ce32db5a8714cea3d25a6bc2ae9\" tg-width=\"1608\" tg-height=\"821\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110751791","content_text":"Shares of Lordstown Motors Corp. may have broken an important support level. Even worse, there’s a chance this level will turn into resistance. This could keep a ceiling over the stock.\nThe support was at $7. When RIDE reached it in May, the downtrend ended. This is because at this level, there was more demand than there was supply of the shares. The buyers took all the shares the sellers had and a rebound followed.\nBut now the shares have broken this support level. They are trading lower.\nMany of the investors who bought RIDE at $7 now regret their decision to do so. A number of them decide to sell, but they will only if they can sell them at the same price they bought at. This way they won’t lose any money.\nAs a result, they place their sell orders at $7. If there are enough of them, it will form resistance. This supply of stock may keep a top on the price.","news_type":1,"symbols_score_info":{"RIDE":0.9}},"isVote":1,"tweetType":1,"viewCount":2884,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802516984,"gmtCreate":1627787656748,"gmtModify":1631889907034,"author":{"id":"3582660292296363","authorId":"3582660292296363","name":"Nutiyagon","avatar":"https://static.tigerbbs.com/51c1febec186d6fc76f56c19b8d29f1d","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582660292296363","authorIdStr":"3582660292296363"},"themes":[],"htmlText":"Important","listText":"Important","text":"Important","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802516984","repostId":"1142925544","repostType":4,"repost":{"id":"1142925544","kind":"news","pubTimestamp":1627787240,"share":"https://www.laohu8.com/m/news/1142925544?lang=zh_CN&edition=full","pubTime":"2021-08-01 11:07","market":"us","language":"en","title":"Investors, Beware! Stocks Are Entering the Most Dangerous Stretch of the Year<blockquote>投资者当心!股市正在进入今年最危险的时期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1142925544","media":"Barron's","summary":"“Yes, it’s summer, my time of year,”as the group War sangin that golden oldie “Summer” from the 1970","content":"<p>“Yes, it’s summer, my time of year,”as the group War sangin that golden oldie “Summer” from the 1970s, recalling pleasant times at the beach or by the barbecue. No need to remind anyone back then of droughts, wildfires, or Covid-19 surges that are unfortunate features of the steamy season this year.</p><p><blockquote>“是的,现在是夏天,我一年中的这个时候,”乐队唱着20世纪70年代的金色老歌《夏天》,回忆着在海滩或烧烤时的愉快时光。没有必要提醒当时的任何人干旱、野火或新冠肺炎激增,这些都是今年潮湿季节的不幸特征。</blockquote></p><p> But the coming of August also means entering what historically has been the most treacherous stretch of the year for stocks, according to data going back to 1928 compiled by Bank of America analyst Stephen Suttmeier. He finds that theS&P 500index had a negative return averaging 0.03% in August, September, and October—the worst three-month span of the year for the big-cap benchmark. In fact, they constitute the only three-month period that averages in the red.</p><p><blockquote>但根据美国银行分析师斯蒂芬·萨特迈尔(Stephen Suttmeier)汇编的1928年以来的数据,8月的到来也意味着股市将进入历史上一年中最危险的时期。他发现标准普尔500指数在8月、9月和10月的平均回报率为0.03%,这是大盘股基准今年最糟糕的三个月。事实上,它们构成了唯一平均亏损的三个月期间。</blockquote></p><p> August actually is bracketed by the best and worst months of the year, he adds in a research note. July averages a 1.58% return on the S&P 500, with positive results 59.1% of the time, while September averages a negative 1.03%, ending in the plus column less than half of the time, or 45%.</p><p><blockquote>他在一份研究报告中补充道,八月实际上是一年中最好和最差的月份。7月份标普500的平均回报率为1.58%,其中59.1%的时间为正,而9月份的平均回报率为负1.03%,只有不到一半的时间(即45%)出现在正栏中。</blockquote></p><p> This July did even better than the norm, with the S&P 500 gaining 2.27%. It also was the sixth consecutive up month for the index—the longest positive streak since September 2018, according to Dow Jones’ statistical mavens. During that period, its cumulative advance was 18.34%.</p><p><blockquote>今年7月的表现甚至好于正常水平,标普500上涨了2.27%。根据道琼斯统计专家的数据,这也是该指数连续第六个月上涨,这是自2018年9月以来最长的连续上涨。在此期间,其累计预付款为18.34%。</blockquote></p><p> August’s record is in between, with an average 0.70% S&P 500 return and positive results 58.1% of the time, marking a transition from the “summer rip” to the “fall dip.”</p><p><blockquote>8月份的记录介于两者之间,平均标普500回报率为0.70%,58.1%的时间为积极结果,标志着从“夏季暴跌”到“秋季暴跌”的转变。</blockquote></p><p> Not surprisingly, the laggard returns of the August-October period are accompanied by an uptick in volatility, Suttmeier finds. Based on records going back to 1992, theCboe Volatility Index,or VIX, has often seen spikes during those months, following relatively subdued volatility in the April-July period.</p><p><blockquote>Suttmeier发现,毫不奇怪,8月至10月期间的落后回报伴随着波动性的上升。根据1992年以来的记录,芝加哥期权交易所波动率指数(VIX)在4月至7月期间波动性相对较低后,在这几个月经常出现飙升。</blockquote></p><p> Past isn’t necessarily prologue, but if it is, the timing of the initial public offering byRobinhood Markets(ticker: HOOD) might prove propitious, if the stock market does have its typical seasonal rough patch. The online broker, whose putative mission is to open investing to novices supposedly ignored by established outfits, sold 55 million shares at $38 on Thursday. In the process, it provided a valuable lesson to all those who got in on the IPO: Buy low and sell high.</p><p><blockquote>过去不一定是序幕,但如果是,如果股市确实经历了典型的季节性艰难时期,Robinhood Markets(股票代码:HOOD)首次公开募股的时机可能会被证明是有利的。这家在线经纪商的假定使命是向据称被老牌机构忽视的新手开放投资,周四以38美元的价格出售了5500万股股票。在这个过程中,它为所有参与IPO的人提供了宝贵的一课:低买高卖。</blockquote></p><p> The company evidently fulfilled the latter imperative, selling its shares high, even though they were priced at the low end of the expected $38-$42 range. Their price sank 8.4% on their first day of trading, although they recouped a bit on Friday. By week’s end, buyers of Robinhood’s IPO who held were down 7.5%.</p><p><blockquote>该公司显然满足了后一项要求,高价出售其股票,尽管它们的定价处于预期38美元至42美元范围的低端。尽管周五有所回升,但其价格在首日交易中下跌了8.4%。截至本周末,持有Robinhood IPO的买家数量下降了7.5%。</blockquote></p><p> Among those who sold high were the company’s co-founders, CEO Vladimir Tenev and Chief Creative Officer Baiju Bhatt, who each offloaded 1.25 million shares in the IPO. As my illustrious predecessor, Alan Abelson, liked to observe, there are many good reasons to sell a stock, but expecting it to go up isn’t one of them. That has never been more true, given the ability of rich owners to monetize their assets by borrowing against them cheaply, and without incurring capital-gains taxes.</p><p><blockquote>卖出高价的人包括该公司的联合创始人、首席执行官弗拉基米尔·特涅夫(Vladimir Tenev)和首席创意官白菊·巴特(Baiju Bhatt),他们在IPO中每人抛售了125万股。正如我杰出的前任艾伦·阿贝尔森(Alan Abelson)喜欢观察的那样,卖出股票有很多很好的理由,但期望它上涨并不是其中之一。考虑到富有的所有者有能力通过廉价借贷将其资产货币化,并且无需缴纳资本利得税,这一点从未像现在这样真实。</blockquote></p><p> To be sure, Tenev and Bhatt still have significant stakes in Robinhood. Asour colleague Avi Salzman reported, these were worth $2.5 billion at the initial offering price, and Tenev and Bhatt retain voting control. The two also could receive awards of shares worth as much as $6.7 billion for Tenev and $4 billion for Bhatt, if the stock hits $300, or nearly the proverbial ten-bagger from here.</p><p><blockquote>可以肯定的是,特涅夫和巴特仍然在罗宾汉拥有大量股份。正如我们的同事Avi Salzman报道的那样,按首次发行价计算,这些股票价值25亿美元,Tenev和Bhatt保留了投票权。如果股价达到300美元,或者接近众所周知的十倍,两人还可以获得Tenev价值高达67亿美元的股票奖励,Bhatt价值40亿美元的股票奖励。</blockquote></p><p> But in a blow against income inequality, the potential billionaire pair took symbolic pay cuts, to $34,248, the average annual wage of American workers. As the comedian Yakov Smirnoff likes to say, “What a country!”</p><p><blockquote>但为了打击收入不平等,这对潜在的亿万富翁夫妇象征性地减薪至34,248美元,这是美国工人的平均年薪。正如喜剧演员雅科夫·斯米尔诺夫喜欢说的:“多好的国家啊!”</blockquote></p><p> How those workers are faring will be a subject of the monthly employment report slated for release this coming Friday.</p><p><blockquote>这些工人的状况将成为定于本周五发布的月度就业报告的主题。</blockquote></p><p> Economists’ forecasts for nonfarm payrolls center around a gain of 900,000. Jefferies economists Aneta Markowska and Thomas Simons estimate that the increase could top the long-anticipated one million mark; they forecast 1.2 million.</p><p><blockquote>经济学家对非农就业人数的预测约为90万人。杰富瑞(Jefferies)经济学家Aneta Markowska和Thomas Simons估计,增幅可能会突破期待已久的100万大关;他们预测有120万。</blockquote></p><p> Markowska and Simons think the expiration of supplemental unemployment benefits in some states will boost the labor supply, although that is a matter of significant debate. (For more on the jobs market, seethis week’s cover story.)</p><p><blockquote>Markowska和Simons认为,一些州补充失业救济金的到期将增加劳动力供应,尽管这是一个有重大争议的问题。(有关就业市场的更多信息,请参阅本周的封面故事。)</blockquote></p><p></p>","source":"lsy1610680873436","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>Investors, Beware! Stocks Are Entering the Most Dangerous Stretch of the Year<blockquote>投资者当心!股市正在进入今年最危险的时期</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nInvestors, Beware! Stocks Are Entering the Most Dangerous Stretch of the Year<blockquote>投资者当心!股市正在进入今年最危险的时期</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-08-01 11:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p>“Yes, it’s summer, my time of year,”as the group War sangin that golden oldie “Summer” from the 1970s, recalling pleasant times at the beach or by the barbecue. No need to remind anyone back then of droughts, wildfires, or Covid-19 surges that are unfortunate features of the steamy season this year.</p><p><blockquote>“是的,现在是夏天,我一年中的这个时候,”乐队唱着20世纪70年代的金色老歌《夏天》,回忆着在海滩或烧烤时的愉快时光。没有必要提醒当时的任何人干旱、野火或新冠肺炎激增,这些都是今年潮湿季节的不幸特征。</blockquote></p><p> But the coming of August also means entering what historically has been the most treacherous stretch of the year for stocks, according to data going back to 1928 compiled by Bank of America analyst Stephen Suttmeier. He finds that theS&P 500index had a negative return averaging 0.03% in August, September, and October—the worst three-month span of the year for the big-cap benchmark. In fact, they constitute the only three-month period that averages in the red.</p><p><blockquote>但根据美国银行分析师斯蒂芬·萨特迈尔(Stephen Suttmeier)汇编的1928年以来的数据,8月的到来也意味着股市将进入历史上一年中最危险的时期。他发现标准普尔500指数在8月、9月和10月的平均回报率为0.03%,这是大盘股基准今年最糟糕的三个月。事实上,它们构成了唯一平均亏损的三个月期间。</blockquote></p><p> August actually is bracketed by the best and worst months of the year, he adds in a research note. July averages a 1.58% return on the S&P 500, with positive results 59.1% of the time, while September averages a negative 1.03%, ending in the plus column less than half of the time, or 45%.</p><p><blockquote>他在一份研究报告中补充道,八月实际上是一年中最好和最差的月份。7月份标普500的平均回报率为1.58%,其中59.1%的时间为正,而9月份的平均回报率为负1.03%,只有不到一半的时间(即45%)出现在正栏中。</blockquote></p><p> This July did even better than the norm, with the S&P 500 gaining 2.27%. It also was the sixth consecutive up month for the index—the longest positive streak since September 2018, according to Dow Jones’ statistical mavens. During that period, its cumulative advance was 18.34%.</p><p><blockquote>今年7月的表现甚至好于正常水平,标普500上涨了2.27%。根据道琼斯统计专家的数据,这也是该指数连续第六个月上涨,这是自2018年9月以来最长的连续上涨。在此期间,其累计预付款为18.34%。</blockquote></p><p> August’s record is in between, with an average 0.70% S&P 500 return and positive results 58.1% of the time, marking a transition from the “summer rip” to the “fall dip.”</p><p><blockquote>8月份的记录介于两者之间,平均标普500回报率为0.70%,58.1%的时间为积极结果,标志着从“夏季暴跌”到“秋季暴跌”的转变。</blockquote></p><p> Not surprisingly, the laggard returns of the August-October period are accompanied by an uptick in volatility, Suttmeier finds. Based on records going back to 1992, theCboe Volatility Index,or VIX, has often seen spikes during those months, following relatively subdued volatility in the April-July period.</p><p><blockquote>Suttmeier发现,毫不奇怪,8月至10月期间的落后回报伴随着波动性的上升。根据1992年以来的记录,芝加哥期权交易所波动率指数(VIX)在4月至7月期间波动性相对较低后,在这几个月经常出现飙升。</blockquote></p><p> Past isn’t necessarily prologue, but if it is, the timing of the initial public offering byRobinhood Markets(ticker: HOOD) might prove propitious, if the stock market does have its typical seasonal rough patch. The online broker, whose putative mission is to open investing to novices supposedly ignored by established outfits, sold 55 million shares at $38 on Thursday. In the process, it provided a valuable lesson to all those who got in on the IPO: Buy low and sell high.</p><p><blockquote>过去不一定是序幕,但如果是,如果股市确实经历了典型的季节性艰难时期,Robinhood Markets(股票代码:HOOD)首次公开募股的时机可能会被证明是有利的。这家在线经纪商的假定使命是向据称被老牌机构忽视的新手开放投资,周四以38美元的价格出售了5500万股股票。在这个过程中,它为所有参与IPO的人提供了宝贵的一课:低买高卖。</blockquote></p><p> The company evidently fulfilled the latter imperative, selling its shares high, even though they were priced at the low end of the expected $38-$42 range. Their price sank 8.4% on their first day of trading, although they recouped a bit on Friday. By week’s end, buyers of Robinhood’s IPO who held were down 7.5%.</p><p><blockquote>该公司显然满足了后一项要求,高价出售其股票,尽管它们的定价处于预期38美元至42美元范围的低端。尽管周五有所回升,但其价格在首日交易中下跌了8.4%。截至本周末,持有Robinhood IPO的买家数量下降了7.5%。</blockquote></p><p> Among those who sold high were the company’s co-founders, CEO Vladimir Tenev and Chief Creative Officer Baiju Bhatt, who each offloaded 1.25 million shares in the IPO. As my illustrious predecessor, Alan Abelson, liked to observe, there are many good reasons to sell a stock, but expecting it to go up isn’t one of them. That has never been more true, given the ability of rich owners to monetize their assets by borrowing against them cheaply, and without incurring capital-gains taxes.</p><p><blockquote>卖出高价的人包括该公司的联合创始人、首席执行官弗拉基米尔·特涅夫(Vladimir Tenev)和首席创意官白菊·巴特(Baiju Bhatt),他们在IPO中每人抛售了125万股。正如我杰出的前任艾伦·阿贝尔森(Alan Abelson)喜欢观察的那样,卖出股票有很多很好的理由,但期望它上涨并不是其中之一。考虑到富有的所有者有能力通过廉价借贷将其资产货币化,并且无需缴纳资本利得税,这一点从未像现在这样真实。</blockquote></p><p> To be sure, Tenev and Bhatt still have significant stakes in Robinhood. Asour colleague Avi Salzman reported, these were worth $2.5 billion at the initial offering price, and Tenev and Bhatt retain voting control. The two also could receive awards of shares worth as much as $6.7 billion for Tenev and $4 billion for Bhatt, if the stock hits $300, or nearly the proverbial ten-bagger from here.</p><p><blockquote>可以肯定的是,特涅夫和巴特仍然在罗宾汉拥有大量股份。正如我们的同事Avi Salzman报道的那样,按首次发行价计算,这些股票价值25亿美元,Tenev和Bhatt保留了投票权。如果股价达到300美元,或者接近众所周知的十倍,两人还可以获得Tenev价值高达67亿美元的股票奖励,Bhatt价值40亿美元的股票奖励。</blockquote></p><p> But in a blow against income inequality, the potential billionaire pair took symbolic pay cuts, to $34,248, the average annual wage of American workers. As the comedian Yakov Smirnoff likes to say, “What a country!”</p><p><blockquote>但为了打击收入不平等,这对潜在的亿万富翁夫妇象征性地减薪至34,248美元,这是美国工人的平均年薪。正如喜剧演员雅科夫·斯米尔诺夫喜欢说的:“多好的国家啊!”</blockquote></p><p> How those workers are faring will be a subject of the monthly employment report slated for release this coming Friday.</p><p><blockquote>这些工人的状况将成为定于本周五发布的月度就业报告的主题。</blockquote></p><p> Economists’ forecasts for nonfarm payrolls center around a gain of 900,000. Jefferies economists Aneta Markowska and Thomas Simons estimate that the increase could top the long-anticipated one million mark; they forecast 1.2 million.</p><p><blockquote>经济学家对非农就业人数的预测约为90万人。杰富瑞(Jefferies)经济学家Aneta Markowska和Thomas Simons估计,增幅可能会突破期待已久的100万大关;他们预测有120万。</blockquote></p><p> Markowska and Simons think the expiration of supplemental unemployment benefits in some states will boost the labor supply, although that is a matter of significant debate. (For more on the jobs market, seethis week’s cover story.)</p><p><blockquote>Markowska和Simons认为,一些州补充失业救济金的到期将增加劳动力供应,尽管这是一个有重大争议的问题。(有关就业市场的更多信息,请参阅本周的封面故事。)</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/stocks-news-robinhood-sp500-51627692215?mod=hp_LATEST\">Barron's</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stocks-news-robinhood-sp500-51627692215?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142925544","content_text":"“Yes, it’s summer, my time of year,”as the group War sangin that golden oldie “Summer” from the 1970s, recalling pleasant times at the beach or by the barbecue. No need to remind anyone back then of droughts, wildfires, or Covid-19 surges that are unfortunate features of the steamy season this year.\nBut the coming of August also means entering what historically has been the most treacherous stretch of the year for stocks, according to data going back to 1928 compiled by Bank of America analyst Stephen Suttmeier. He finds that theS&P 500index had a negative return averaging 0.03% in August, September, and October—the worst three-month span of the year for the big-cap benchmark. In fact, they constitute the only three-month period that averages in the red.\nAugust actually is bracketed by the best and worst months of the year, he adds in a research note. July averages a 1.58% return on the S&P 500, with positive results 59.1% of the time, while September averages a negative 1.03%, ending in the plus column less than half of the time, or 45%.\nThis July did even better than the norm, with the S&P 500 gaining 2.27%. It also was the sixth consecutive up month for the index—the longest positive streak since September 2018, according to Dow Jones’ statistical mavens. During that period, its cumulative advance was 18.34%.\nAugust’s record is in between, with an average 0.70% S&P 500 return and positive results 58.1% of the time, marking a transition from the “summer rip” to the “fall dip.”\nNot surprisingly, the laggard returns of the August-October period are accompanied by an uptick in volatility, Suttmeier finds. Based on records going back to 1992, theCboe Volatility Index,or VIX, has often seen spikes during those months, following relatively subdued volatility in the April-July period.\nPast isn’t necessarily prologue, but if it is, the timing of the initial public offering byRobinhood Markets(ticker: HOOD) might prove propitious, if the stock market does have its typical seasonal rough patch. The online broker, whose putative mission is to open investing to novices supposedly ignored by established outfits, sold 55 million shares at $38 on Thursday. In the process, it provided a valuable lesson to all those who got in on the IPO: Buy low and sell high.\nThe company evidently fulfilled the latter imperative, selling its shares high, even though they were priced at the low end of the expected $38-$42 range. Their price sank 8.4% on their first day of trading, although they recouped a bit on Friday. By week’s end, buyers of Robinhood’s IPO who held were down 7.5%.\nAmong those who sold high were the company’s co-founders, CEO Vladimir Tenev and Chief Creative Officer Baiju Bhatt, who each offloaded 1.25 million shares in the IPO. As my illustrious predecessor, Alan Abelson, liked to observe, there are many good reasons to sell a stock, but expecting it to go up isn’t one of them. That has never been more true, given the ability of rich owners to monetize their assets by borrowing against them cheaply, and without incurring capital-gains taxes.\nTo be sure, Tenev and Bhatt still have significant stakes in Robinhood. Asour colleague Avi Salzman reported, these were worth $2.5 billion at the initial offering price, and Tenev and Bhatt retain voting control. The two also could receive awards of shares worth as much as $6.7 billion for Tenev and $4 billion for Bhatt, if the stock hits $300, or nearly the proverbial ten-bagger from here.\nBut in a blow against income inequality, the potential billionaire pair took symbolic pay cuts, to $34,248, the average annual wage of American workers. As the comedian Yakov Smirnoff likes to say, “What a country!”\nHow those workers are faring will be a subject of the monthly employment report slated for release this coming Friday.\nEconomists’ forecasts for nonfarm payrolls center around a gain of 900,000. Jefferies economists Aneta Markowska and Thomas Simons estimate that the increase could top the long-anticipated one million mark; they forecast 1.2 million.\nMarkowska and Simons think the expiration of supplemental unemployment benefits in some states will boost the labor supply, although that is a matter of significant debate. (For more on the jobs market, seethis week’s cover story.)","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,"SPY":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":3452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802882426,"gmtCreate":1627751578365,"gmtModify":1631889907033,"author":{"id":"3582660292296363","authorId":"3582660292296363","name":"Nutiyagon","avatar":"https://static.tigerbbs.com/51c1febec186d6fc76f56c19b8d29f1d","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582660292296363","authorIdStr":"3582660292296363"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802882426","repostId":"1154216466","repostType":4,"repost":{"id":"1154216466","kind":"news","pubTimestamp":1627713678,"share":"https://www.laohu8.com/m/news/1154216466?lang=zh_CN&edition=full","pubTime":"2021-07-31 14:41","market":"us","language":"en","title":"Antitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动人士希望全力以赴。这是他们应该首先考虑的一个教训</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154216466","media":"Barron's","summary":"About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson Unive","content":"<p><i>About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson University, and previously served as chief economist of the Federal Communications Commission. His latest book is</i>The Political Spectrum: The Tumultuous Liberation of Wireless Technologies, from Herbert Hoover to the Smartphone.</p><p><blockquote><i>作者简介:托马斯·W·黑兹利特是H.H。麦考利是克莱姆森大学经济学捐赠教授,此前曾担任联邦通信委员会首席经济学家,其最新著作是</i>政治光谱:从赫伯特·胡佛到智能手机,无线技术的混乱解放。</blockquote></p><p> Big Tech is in the antitrust hot seat. But before the Department of Justice tries to break up companies likeGoogleorApple,it should recall the history, and eventual outcome, of theAT&T-Time Warner merger.</p><p><blockquote>大型科技公司陷入反垄断困境。但在司法部试图拆分谷歌或苹果等公司之前,它应该回顾一下美国电话电报公司与时代华纳合并的历史和最终结果。</blockquote></p><p> The DOJ expended extensive time and resources to stop AT&T’s acquisition of Time Warner, marking the department’s first challenge to a major vertical merger in over 40 years. The government was unsuccessful despite its best efforts, which included an appeal to the D.C. Circuit, and time reveals that its concerns were evidently misplaced all along. The merger did not result in higher prices, program blackouts, or even any appreciable advantage for the companies.</p><p><blockquote>DOJ花费了大量时间和资源来阻止美国电话电报公司收购时代华纳,这标志着该部门40多年来首次挑战重大垂直合并。尽管政府尽了最大努力,包括向华盛顿巡回法院上诉,但还是没有成功,《时代》杂志揭示了它的担忧显然一直都是错误的。合并并没有导致更高的价格、项目中断,甚至没有给公司带来任何明显的优势。</blockquote></p><p> In October 2016 AT&Tannouncedits plan to buy Time Warner. Donald Trump’s presidential campaign trashed the merger in a statement: “AT&T … is now trying to buy Time Warner and thus the wildly anti-Trump CNN. Donald Trump would never approve such a deal.” With Trump in office, the DOJ moved to block it.</p><p><blockquote>2016年10月,美国电话电报公司宣布了收购时代华纳的计划。唐纳德·特朗普的总统竞选团队在一份声明中抨击了此次合并:“美国电话电报公司……现在正试图收购时代华纳,从而收购疯狂反特朗普的CNN。唐纳德·特朗普永远不会批准这样的交易。”随着特朗普的上任,DOJ采取行动阻止了它。</blockquote></p><p> In 2017, the DOJ went to court tocomplainthat the merger would “substantially lessen competition in video” by allowing AT&T to “use Time Warner’s ‘must have’” networks like CNN, TNT, TBS, and HBO to raise fees charged to rival cable TV distributors like Comcast or DISH. AT&T, which had acquired national satellite operator DirecTV, could threaten “blackouts” depriving rival distributors of key programs—their subscribers would then quit and flock to DirecTV (AT&T) so as to keep watching CNN or the NBA Playoffs on TNT. Not only would major TV and cable systems be hurt, but emerging online streaming services would be crushed.</p><p><blockquote>2017年,美国司法部向法院投诉称,此次合并将“大大减少视频领域的竞争”,允许美国电话电报公司“使用时代华纳的‘必备’网络,如CNN、TNT、TBS和HBO,提高向竞争对手有线电视收取的费用。康卡斯特或DISH等分销商。收购了国家卫星运营商DirecTV的美国电话电报公司可能会威胁“停电”,剥夺竞争对手分销商的关键节目——他们的订户会退出,涌向DirecTV(美国电话电报公司),以便继续在TNT上观看CNN或NBA季后赛。不仅主要的电视和有线电视系统会受到伤害,新兴的在线流媒体服务也会受到挤压。</blockquote></p><p> The government’s case focused on “vertical leveraging,” where a company uses two complementary products to make it more difficult for rivals to compete in the individual markets. Here, AT&T was combining video content creation with video program distribution; the allegation was that competitors in either segment might be hurt. Yet there are clear efficiencies to be had, as widely found in studies of vertically integrated firms, with joint operations boosting consumer happiness. Buyers at Costco eagerly snap up Costco-supplied Kirkland products—which the retailer stocks in place of those of some independent producers—if they improve price or quality. So facts, not just a story, are needed. District Court Judge Richard J. Leonfoundthat the DOJ case “falls far short of establishing the validity of its… theory.”</p><p><blockquote>政府的案例集中在“垂直杠杆”上,即一家公司使用两种互补的产品,使竞争对手更难在单个市场竞争。在这里,美国电话电报公司将视频内容创作与视频节目分发相结合;指控是,这两个领域的竞争对手都可能受到伤害。然而,正如在对垂直整合公司的研究中广泛发现的那样,联合运营会提高消费者的幸福感,这是显而易见的。如果Costco供应的Kirkland产品提高了价格或质量,Costco的买家就会急切地snap这些产品——零售商用这些产品代替了一些独立生产商的产品。因此,需要的是事实,而不仅仅是一个故事。地区法院法官Richard J.Leon发现,司法部的案件“远远没有证明其……理论的有效性。”</blockquote></p><p> Aside from the political overtones of the case, there was good historical reason to doubt the official complaint. A cable TV programmer combined with (or split from) a video distributor several times in recent years. Vertical integration did not cause higher prices, as shown by econometric analysis. Nor did vertical integration lead to “blackouts,” as the DOJ conceded. A three-judge panel of the D.C. Circuit confirmed Judge Leon’s opinion, finding that “the industry had become dynamic in recent years with the emergence, for example, of Netflix and Hulu.”</p><p><blockquote>除了此案的政治含义,有充分的历史理由怀疑官方的投诉。一家有线电视节目制作商近年来数次与一家视频分销商合并(或分拆)。垂直整合并没有引起更高的价格,如计量经济学分析所示。正如司法部承认的那样,垂直整合也没有导致“停电”。华盛顿巡回法院的三名法官小组证实了莱昂法官的观点,发现“近年来,随着Netflix和Hulu等公司的出现,该行业变得充满活力。”</blockquote></p><p> Owning DirecTV and Time Warner together turned out to be not much advantage, let alone a monopoly. Despite a huge boost in pandemic demand for video content, rivals soon dined on AT&T-Time Warner’s lunch. When AT&T bought DirecTV in 2015, it paid $67 billion. In February 2021, with DirecTV’s satellite subscriber base collapsing, the spun-off operation wasvaluedat $16.3 billion.</p><p><blockquote>事实证明,同时拥有DirecTV和时代华纳并没有多大优势,更不用说垄断了。尽管疫情对视频内容的需求大幅增长,但竞争对手很快就享用了AT&T-时代华纳的午餐。当美国电话电报公司在2015年收购DirecTV时,它支付了670亿美元。2021年2月,随着DirecTV的卫星用户群崩溃,分拆业务的价值为163亿美元。</blockquote></p><p> And AT&Tthen unloaded the video assets of Time Warner. A new enterprise—Warner Bros. Discovery—is being spun off and merged with Discovery (Discovery Channel, Animal Planet, TLC, HGTV, the Food Networkand more). The content-only firm voluntarily severs the link the DOJ critiqued as easy monopoly money. With the allegations of anticompetitive bundling, it has been cast off as not worth the trouble.AT&T shareholders receive $43 billion, less than half the $100 billion AT&T expended (in debt and equity) for Time Warner three years ago. The government’s scenario of anti-competitive vertical integration proved a fantasy.</p><p><blockquote>AT&T当时出售了时代华纳的视频资产。一家新企业——华纳兄弟探索频道——正在剥离并与探索频道(探索频道、动物星球、TLC、HGTV、美食网等)合并。这家只提供内容的公司自愿切断了司法部批评为轻松垄断资金的链接。由于反竞争捆绑的指控,它被认为不值得麻烦。AT&T股东获得了430亿美元,不到三年前AT&T为时代华纳花费的1000亿美元(债务和股权)的一半。事实证明,政府反竞争纵向一体化的设想是一种幻想。</blockquote></p><p></p><p> AT&T’s maneuvers deserve whatever scorn billions in shareholder losses can buy. A cynic might offer that antitrust laws be beefed up to protect against such corporate errors, ignoring that economic penalties—more reliable and harsher than whatever antitrust enforcers might deal—are visibly in place. But little note has been made of the ironic political saga. Policymakers are moving full throttle to enact statutes to beef up antitrust prosecution in tech for exactly what AT&T so spectacularly failed to do in video. Rep. Pramila Jayapal (D-Wash.) and Rep. Lance Gooden (R-Texas) introduced the “Ending Monopoly Platforms Act” that would restrict vertical mergers in online services, for example. At least five other bills for new antitrust rules have been introduced.</p><p><blockquote>美国电话电报公司的策略值得数十亿股东损失所能买到的任何蔑视。愤世嫉俗者可能会建议加强反垄断法,以防止此类企业错误,而忽视了经济处罚——比反垄断执法者可能处理的任何事情都更可靠、更严厉——显然已经到位。但是很少有人注意到这个具有讽刺意味的政治传奇。政策制定者正在全力以赴制定法规,加强科技领域的反垄断起诉,这正是美国电话电报公司在视频领域未能做到的。众议员普拉米拉·贾亚帕尔(D-Wash。)和众议员兰斯·古登(R-Texas)提出了“结束垄断平台法案”,例如,该法案将限制在线服务的垂直合并。至少还有五项新的反垄断规则法案已经出台。</blockquote></p><p> Not only can such policies be expensive legal diversions, they can block the innovations igniting exciting new choices for customers. Netflix has integrated from streaming into movie production, after launching Roku. Hulu was created by News Corp. (Fox) and NBC-Universal (Comcast). Amazon Prime Video, Sling, YouTube TV, Apple TV, Disney Plus, HBO Max and Paramount Plus—each has extended a large media or e-commerce platform. Each evolved from a quest for better products. Treating entrepreneurship as suspect puts the screws to just the disruptions now roiling online entertainment markets. AT&T learned the hard way that owning complementary products is no guarantee of success. </p><p><blockquote>此类政策不仅可能是昂贵的法律转移,还可能阻碍为客户带来令人兴奋的新选择的创新。在推出Roku后,Netflix已从流媒体融入电影制作。Hulu是由新闻集团(Fox)和NBC-Universal(Comcast)创建的。Amazon Prime Video、Sling、YouTube TV、苹果TV、Disney Plus、HBO Max和Paramount Plus——每个都扩展了一个大型媒体或电子商务平台。每一个都是从对更好产品的追求演变而来的。将企业家精神视为嫌疑人只会加剧目前扰乱在线娱乐市场的混乱。美国电话电报公司惨痛地认识到,拥有互补产品并不能保证成功。</blockquote></p><p></p>","source":"lsy1610680873436","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>Antitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动人士希望全力以赴。这是他们应该首先考虑的一个教训</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nAntitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动人士希望全力以赴。这是他们应该首先考虑的一个教训</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-07-31 14:41</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i>About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson University, and previously served as chief economist of the Federal Communications Commission. His latest book is</i>The Political Spectrum: The Tumultuous Liberation of Wireless Technologies, from Herbert Hoover to the Smartphone.</p><p><blockquote><i>作者简介:托马斯·W·黑兹利特是H.H。麦考利是克莱姆森大学经济学捐赠教授,此前曾担任联邦通信委员会首席经济学家,其最新著作是</i>政治光谱:从赫伯特·胡佛到智能手机,无线技术的混乱解放。</blockquote></p><p> Big Tech is in the antitrust hot seat. But before the Department of Justice tries to break up companies likeGoogleorApple,it should recall the history, and eventual outcome, of theAT&T-Time Warner merger.</p><p><blockquote>大型科技公司陷入反垄断困境。但在司法部试图拆分谷歌或苹果等公司之前,它应该回顾一下美国电话电报公司与时代华纳合并的历史和最终结果。</blockquote></p><p> The DOJ expended extensive time and resources to stop AT&T’s acquisition of Time Warner, marking the department’s first challenge to a major vertical merger in over 40 years. The government was unsuccessful despite its best efforts, which included an appeal to the D.C. Circuit, and time reveals that its concerns were evidently misplaced all along. The merger did not result in higher prices, program blackouts, or even any appreciable advantage for the companies.</p><p><blockquote>DOJ花费了大量时间和资源来阻止美国电话电报公司收购时代华纳,这标志着该部门40多年来首次挑战重大垂直合并。尽管政府尽了最大努力,包括向华盛顿巡回法院上诉,但还是没有成功,《时代》杂志揭示了它的担忧显然一直都是错误的。合并并没有导致更高的价格、项目中断,甚至没有给公司带来任何明显的优势。</blockquote></p><p> In October 2016 AT&Tannouncedits plan to buy Time Warner. Donald Trump’s presidential campaign trashed the merger in a statement: “AT&T … is now trying to buy Time Warner and thus the wildly anti-Trump CNN. Donald Trump would never approve such a deal.” With Trump in office, the DOJ moved to block it.</p><p><blockquote>2016年10月,美国电话电报公司宣布了收购时代华纳的计划。唐纳德·特朗普的总统竞选团队在一份声明中抨击了此次合并:“美国电话电报公司……现在正试图收购时代华纳,从而收购疯狂反特朗普的CNN。唐纳德·特朗普永远不会批准这样的交易。”随着特朗普的上任,DOJ采取行动阻止了它。</blockquote></p><p> In 2017, the DOJ went to court tocomplainthat the merger would “substantially lessen competition in video” by allowing AT&T to “use Time Warner’s ‘must have’” networks like CNN, TNT, TBS, and HBO to raise fees charged to rival cable TV distributors like Comcast or DISH. AT&T, which had acquired national satellite operator DirecTV, could threaten “blackouts” depriving rival distributors of key programs—their subscribers would then quit and flock to DirecTV (AT&T) so as to keep watching CNN or the NBA Playoffs on TNT. Not only would major TV and cable systems be hurt, but emerging online streaming services would be crushed.</p><p><blockquote>2017年,美国司法部向法院投诉称,此次合并将“大大减少视频领域的竞争”,允许美国电话电报公司“使用时代华纳的‘必备’网络,如CNN、TNT、TBS和HBO,提高向竞争对手有线电视收取的费用。康卡斯特或DISH等分销商。收购了国家卫星运营商DirecTV的美国电话电报公司可能会威胁“停电”,剥夺竞争对手分销商的关键节目——他们的订户会退出,涌向DirecTV(美国电话电报公司),以便继续在TNT上观看CNN或NBA季后赛。不仅主要的电视和有线电视系统会受到伤害,新兴的在线流媒体服务也会受到挤压。</blockquote></p><p> The government’s case focused on “vertical leveraging,” where a company uses two complementary products to make it more difficult for rivals to compete in the individual markets. Here, AT&T was combining video content creation with video program distribution; the allegation was that competitors in either segment might be hurt. Yet there are clear efficiencies to be had, as widely found in studies of vertically integrated firms, with joint operations boosting consumer happiness. Buyers at Costco eagerly snap up Costco-supplied Kirkland products—which the retailer stocks in place of those of some independent producers—if they improve price or quality. So facts, not just a story, are needed. District Court Judge Richard J. Leonfoundthat the DOJ case “falls far short of establishing the validity of its… theory.”</p><p><blockquote>政府的案例集中在“垂直杠杆”上,即一家公司使用两种互补的产品,使竞争对手更难在单个市场竞争。在这里,美国电话电报公司将视频内容创作与视频节目分发相结合;指控是,这两个领域的竞争对手都可能受到伤害。然而,正如在对垂直整合公司的研究中广泛发现的那样,联合运营会提高消费者的幸福感,这是显而易见的。如果Costco供应的Kirkland产品提高了价格或质量,Costco的买家就会急切地snap这些产品——零售商用这些产品代替了一些独立生产商的产品。因此,需要的是事实,而不仅仅是一个故事。地区法院法官Richard J.Leon发现,司法部的案件“远远没有证明其……理论的有效性。”</blockquote></p><p> Aside from the political overtones of the case, there was good historical reason to doubt the official complaint. A cable TV programmer combined with (or split from) a video distributor several times in recent years. Vertical integration did not cause higher prices, as shown by econometric analysis. Nor did vertical integration lead to “blackouts,” as the DOJ conceded. A three-judge panel of the D.C. Circuit confirmed Judge Leon’s opinion, finding that “the industry had become dynamic in recent years with the emergence, for example, of Netflix and Hulu.”</p><p><blockquote>除了此案的政治含义,有充分的历史理由怀疑官方的投诉。一家有线电视节目制作商近年来数次与一家视频分销商合并(或分拆)。垂直整合并没有引起更高的价格,如计量经济学分析所示。正如司法部承认的那样,垂直整合也没有导致“停电”。华盛顿巡回法院的三名法官小组证实了莱昂法官的观点,发现“近年来,随着Netflix和Hulu等公司的出现,该行业变得充满活力。”</blockquote></p><p> Owning DirecTV and Time Warner together turned out to be not much advantage, let alone a monopoly. Despite a huge boost in pandemic demand for video content, rivals soon dined on AT&T-Time Warner’s lunch. When AT&T bought DirecTV in 2015, it paid $67 billion. In February 2021, with DirecTV’s satellite subscriber base collapsing, the spun-off operation wasvaluedat $16.3 billion.</p><p><blockquote>事实证明,同时拥有DirecTV和时代华纳并没有多大优势,更不用说垄断了。尽管疫情对视频内容的需求大幅增长,但竞争对手很快就享用了AT&T-时代华纳的午餐。当美国电话电报公司在2015年收购DirecTV时,它支付了670亿美元。2021年2月,随着DirecTV的卫星用户群崩溃,分拆业务的价值为163亿美元。</blockquote></p><p> And AT&Tthen unloaded the video assets of Time Warner. A new enterprise—Warner Bros. Discovery—is being spun off and merged with Discovery (Discovery Channel, Animal Planet, TLC, HGTV, the Food Networkand more). The content-only firm voluntarily severs the link the DOJ critiqued as easy monopoly money. With the allegations of anticompetitive bundling, it has been cast off as not worth the trouble.AT&T shareholders receive $43 billion, less than half the $100 billion AT&T expended (in debt and equity) for Time Warner three years ago. The government’s scenario of anti-competitive vertical integration proved a fantasy.</p><p><blockquote>AT&T当时出售了时代华纳的视频资产。一家新企业——华纳兄弟探索频道——正在剥离并与探索频道(探索频道、动物星球、TLC、HGTV、美食网等)合并。这家只提供内容的公司自愿切断了司法部批评为轻松垄断资金的链接。由于反竞争捆绑的指控,它被认为不值得麻烦。AT&T股东获得了430亿美元,不到三年前AT&T为时代华纳花费的1000亿美元(债务和股权)的一半。事实证明,政府反竞争纵向一体化的设想是一种幻想。</blockquote></p><p></p><p> AT&T’s maneuvers deserve whatever scorn billions in shareholder losses can buy. A cynic might offer that antitrust laws be beefed up to protect against such corporate errors, ignoring that economic penalties—more reliable and harsher than whatever antitrust enforcers might deal—are visibly in place. But little note has been made of the ironic political saga. Policymakers are moving full throttle to enact statutes to beef up antitrust prosecution in tech for exactly what AT&T so spectacularly failed to do in video. Rep. Pramila Jayapal (D-Wash.) and Rep. Lance Gooden (R-Texas) introduced the “Ending Monopoly Platforms Act” that would restrict vertical mergers in online services, for example. At least five other bills for new antitrust rules have been introduced.</p><p><blockquote>美国电话电报公司的策略值得数十亿股东损失所能买到的任何蔑视。愤世嫉俗者可能会建议加强反垄断法,以防止此类企业错误,而忽视了经济处罚——比反垄断执法者可能处理的任何事情都更可靠、更严厉——显然已经到位。但是很少有人注意到这个具有讽刺意味的政治传奇。政策制定者正在全力以赴制定法规,加强科技领域的反垄断起诉,这正是美国电话电报公司在视频领域未能做到的。众议员普拉米拉·贾亚帕尔(D-Wash。)和众议员兰斯·古登(R-Texas)提出了“结束垄断平台法案”,例如,该法案将限制在线服务的垂直合并。至少还有五项新的反垄断规则法案已经出台。</blockquote></p><p> Not only can such policies be expensive legal diversions, they can block the innovations igniting exciting new choices for customers. Netflix has integrated from streaming into movie production, after launching Roku. Hulu was created by News Corp. (Fox) and NBC-Universal (Comcast). Amazon Prime Video, Sling, YouTube TV, Apple TV, Disney Plus, HBO Max and Paramount Plus—each has extended a large media or e-commerce platform. Each evolved from a quest for better products. Treating entrepreneurship as suspect puts the screws to just the disruptions now roiling online entertainment markets. AT&T learned the hard way that owning complementary products is no guarantee of success. </p><p><blockquote>此类政策不仅可能是昂贵的法律转移,还可能阻碍为客户带来令人兴奋的新选择的创新。在推出Roku后,Netflix已从流媒体融入电影制作。Hulu是由新闻集团(Fox)和NBC-Universal(Comcast)创建的。Amazon Prime Video、Sling、YouTube TV、苹果TV、Disney Plus、HBO Max和Paramount Plus——每个都扩展了一个大型媒体或电子商务平台。每一个都是从对更好产品的追求演变而来的。将企业家精神视为嫌疑人只会加剧目前扰乱在线娱乐市场的混乱。美国电话电报公司惨痛地认识到,拥有互补产品并不能保证成功。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/antitrust-activists-want-to-go-full-throttle-heres-a-lesson-they-should-consider-first-51627509048?mod=hp_COMMENTARY_3\">Barron's</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/antitrust-activists-want-to-go-full-throttle-heres-a-lesson-they-should-consider-first-51627509048?mod=hp_COMMENTARY_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154216466","content_text":"About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson University, and previously served as chief economist of the Federal Communications Commission. His latest book isThe Political Spectrum: The Tumultuous Liberation of Wireless Technologies, from Herbert Hoover to the Smartphone.\nBig Tech is in the antitrust hot seat. But before the Department of Justice tries to break up companies likeGoogleorApple,it should recall the history, and eventual outcome, of theAT&T-Time Warner merger.\nThe DOJ expended extensive time and resources to stop AT&T’s acquisition of Time Warner, marking the department’s first challenge to a major vertical merger in over 40 years. The government was unsuccessful despite its best efforts, which included an appeal to the D.C. Circuit, and time reveals that its concerns were evidently misplaced all along. The merger did not result in higher prices, program blackouts, or even any appreciable advantage for the companies.\nIn October 2016 AT&Tannouncedits plan to buy Time Warner. Donald Trump’s presidential campaign trashed the merger in a statement: “AT&T … is now trying to buy Time Warner and thus the wildly anti-Trump CNN. Donald Trump would never approve such a deal.” With Trump in office, the DOJ moved to block it.\nIn 2017, the DOJ went to court tocomplainthat the merger would “substantially lessen competition in video” by allowing AT&T to “use Time Warner’s ‘must have’” networks like CNN, TNT, TBS, and HBO to raise fees charged to rival cable TV distributors like Comcast or DISH. AT&T, which had acquired national satellite operator DirecTV, could threaten “blackouts” depriving rival distributors of key programs—their subscribers would then quit and flock to DirecTV (AT&T) so as to keep watching CNN or the NBA Playoffs on TNT. Not only would major TV and cable systems be hurt, but emerging online streaming services would be crushed.\nThe government’s case focused on “vertical leveraging,” where a company uses two complementary products to make it more difficult for rivals to compete in the individual markets. Here, AT&T was combining video content creation with video program distribution; the allegation was that competitors in either segment might be hurt. Yet there are clear efficiencies to be had, as widely found in studies of vertically integrated firms, with joint operations boosting consumer happiness. Buyers at Costco eagerly snap up Costco-supplied Kirkland products—which the retailer stocks in place of those of some independent producers—if they improve price or quality. So facts, not just a story, are needed. District Court Judge Richard J. Leonfoundthat the DOJ case “falls far short of establishing the validity of its… theory.”\nAside from the political overtones of the case, there was good historical reason to doubt the official complaint. A cable TV programmer combined with (or split from) a video distributor several times in recent years. Vertical integration did not cause higher prices, as shown by econometric analysis. Nor did vertical integration lead to “blackouts,” as the DOJ conceded. A three-judge panel of the D.C. Circuit confirmed Judge Leon’s opinion, finding that “the industry had become dynamic in recent years with the emergence, for example, of Netflix and Hulu.”\nOwning DirecTV and Time Warner together turned out to be not much advantage, let alone a monopoly. Despite a huge boost in pandemic demand for video content, rivals soon dined on AT&T-Time Warner’s lunch. When AT&T bought DirecTV in 2015, it paid $67 billion. In February 2021, with DirecTV’s satellite subscriber base collapsing, the spun-off operation wasvaluedat $16.3 billion.\nAnd AT&Tthen unloaded the video assets of Time Warner. A new enterprise—Warner Bros. Discovery—is being spun off and merged with Discovery (Discovery Channel, Animal Planet, TLC, HGTV, the Food Networkand more). The content-only firm voluntarily severs the link the DOJ critiqued as easy monopoly money. With the allegations of anticompetitive bundling, it has been cast off as not worth the trouble.AT&T shareholders receive $43 billion, less than half the $100 billion AT&T expended (in debt and equity) for Time Warner three years ago. The government’s scenario of anti-competitive vertical integration proved a fantasy.\nAT&T’s maneuvers deserve whatever scorn billions in shareholder losses can buy. A cynic might offer that antitrust laws be beefed up to protect against such corporate errors, ignoring that economic penalties—more reliable and harsher than whatever antitrust enforcers might deal—are visibly in place. But little note has been made of the ironic political saga. Policymakers are moving full throttle to enact statutes to beef up antitrust prosecution in tech for exactly what AT&T so spectacularly failed to do in video. Rep. Pramila Jayapal (D-Wash.) and Rep. Lance Gooden (R-Texas) introduced the “Ending Monopoly Platforms Act” that would restrict vertical mergers in online services, for example. At least five other bills for new antitrust rules have been introduced.\nNot only can such policies be expensive legal diversions, they can block the innovations igniting exciting new choices for customers. Netflix has integrated from streaming into movie production, after launching Roku. Hulu was created by News Corp. (Fox) and NBC-Universal (Comcast). Amazon Prime Video, Sling, YouTube TV, Apple TV, Disney Plus, HBO Max and Paramount Plus—each has extended a large media or e-commerce platform. Each evolved from a quest for better products. Treating entrepreneurship as suspect puts the screws to just the disruptions now roiling online entertainment markets. AT&T learned the hard way that owning complementary products is no guarantee of success.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1750,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806504539,"gmtCreate":1627663157721,"gmtModify":1631889907037,"author":{"id":"3582660292296363","authorId":"3582660292296363","name":"Nutiyagon","avatar":"https://static.tigerbbs.com/51c1febec186d6fc76f56c19b8d29f1d","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582660292296363","authorIdStr":"3582660292296363"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806504539","repostId":"2155377091","repostType":4,"isVote":1,"tweetType":1,"viewCount":3165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808677042,"gmtCreate":1627580361786,"gmtModify":1631889907043,"author":{"id":"3582660292296363","authorId":"3582660292296363","name":"Nutiyagon","avatar":"https://static.tigerbbs.com/51c1febec186d6fc76f56c19b8d29f1d","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582660292296363","authorIdStr":"3582660292296363"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808677042","repostId":"1131153172","repostType":4,"isVote":1,"tweetType":1,"viewCount":2736,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}