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RP_08
RP_08
·
2021-07-28
Nice
Wall St snaps five-day up streak as caution rises before tech earnings, Fed
NEW YORK, July 27 (Reuters) - U.S. stocks fell on Tuesday, ending a five-day winning streak in the t
Wall St snaps five-day up streak as caution rises before tech earnings, Fed
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RP_08
RP_08
·
2021-07-12
Comment
Central London rents jump by record as tenants return to capital
[LONDON] Londoners have returned to their city center with a bang. Rents in central districts surged
Central London rents jump by record as tenants return to capital
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RP_08
RP_08
·
2021-07-10
😊😊😊
5 Things to Know About Virgin Galactic and the First Passenger Flight to Space
Richard Branson’s planned flight to space on Sunday could be a monumental moment for the fledgling s
5 Things to Know About Virgin Galactic and the First Passenger Flight to Space
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RP_08
RP_08
·
2021-07-08
Okay
Hong Kong stocks hit 6-month low as tech tumbles on persistent regulatory fears
* HK->Shanghai Connect daily quota used -0.8%, Shanghai->HK daily quota used -1.2% * HSI -2.9%, HSCE
Hong Kong stocks hit 6-month low as tech tumbles on persistent regulatory fears
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RP_08
RP_08
·
2021-07-06
Good
Stock futures are flat after S&P 500 and Nasdaq notch another round of records
Stock futures were flat in overnight trading on Monday as Wall Street gets set to kick off the holid
Stock futures are flat after S&P 500 and Nasdaq notch another round of records
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RP_08
RP_08
·
2021-07-06
😊😊😊
Stock futures are flat after S&P 500 and Nasdaq notch another round of records
Stock futures were flat in overnight trading on Monday as Wall Street gets set to kick off the holid
Stock futures are flat after S&P 500 and Nasdaq notch another round of records
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RP_08
RP_08
·
2021-07-06
Comment
OIL AND GAS Oil prices jump to multiyear highs after OPEC+ talks yield no production deal
Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil
OIL AND GAS Oil prices jump to multiyear highs after OPEC+ talks yield no production deal
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RP_08
RP_08
·
2021-06-21
Comment
The Russell 2000 Index Reconstitution: Because Markets Change
FTSE Russell reconstitutes its indices each June, which presents risk management challenges for some
The Russell 2000 Index Reconstitution: Because Markets Change
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RP_08
RP_08
·
2021-06-21
😊😊😊
Toplines Before US Market Open on Monday
Dow set to bounce after its worst weekly loss since October. Bitcoin drops as China expands crypto m
Toplines Before US Market Open on Monday
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RP_08
RP_08
·
2021-06-19
😊😊😊
Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie
Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers,
Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie
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","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803214379","repostId":"2154991792","repostType":4,"repost":{"id":"2154991792","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1627428087,"share":"https://ttm.financial/m/news/2154991792?lang=&edition=full","pubTime":"2021-07-28 07:21","market":"us","language":"en","title":"Wall St snaps five-day up streak as caution rises before tech earnings, Fed","url":"https://stock-news.laohu8.com/highlight/detail?id=2154991792","media":"Reuters","summary":"NEW YORK, July 27 (Reuters) - U.S. stocks fell on Tuesday, ending a five-day winning streak in the t","content":"<p>NEW YORK, July 27 (Reuters) - U.S. stocks fell on Tuesday, ending a five-day winning streak in the three major indexes, as investors were cautious before results from top tech and internet names and Wednesday's Federal Reserve announcement.</p>\n<p>The Nasdaq led the day's declines, registering its biggest daily percentage drop since May 12, but the three indexes pared losses heading into the close and ended well off the lows of the session.</p>\n<p>Shares of Apple Inc, Microsoft Corp and Google parent Alphabet Inc , which all reported earnings after the bell, dropped and weighed the most on the Nasdaq and S&P 500 along with Amazon.com Inc , which is expected to report results later this week.</p>\n<p>Also, electric-car maker Tesla Inc fell 2%, a day after it posted a bigger-than-expected second-quarter profit but said a global chip shortage that led to temporary factory shutdowns for the automaker remains serious.</p>\n<p>Shares of the heavily weighted tech and internet companies have run up recently and last week regained leadership in the market, putting their results even more in the spotlight.</p>\n<p>\"Expectations are so high. They're going to have good numbers ... but we are expecting much more or maybe they will talk down the second half of the year,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p>\n<p>Adding to the cautious tone is the outlook for U.S.-listed Chinese stocks, he said. The shares including Baidu extended losses as fears over more regulations in the mainland persisted.</p>\n<p>\"There's a fair amount of (U.S.) investors in those companies,\" Nolte said.</p>\n<p>Uncertainty also rose as the Fed began its two-day meeting, with investors looking for signs on when it intends to begin reining in its massive stimulus program.</p>\n<p>The Dow Jones Industrial Average fell 85.79 points, or 0.24%, to 35,058.52, the S&P 500 lost 20.84 points, or 0.47%, to 4,401.46 and the Nasdaq Composite dropped 180.14 points, or 1.21%, to 14,660.58.</p>\n<p>Helping to support the Dow, shares of McDonald's Corp rose 1% ahead of its results due before the bell on Wednesday.</p>\n<p>In another sign that investors were in a risk-off mood, defensive sectors such as real estate and utilities were the two best-performing S&P 500 categories for the day, and U.S. Treasuries prices rose.</p>\n<p>Intel Corp shares dropped 2.1% after it said its factories would start building Qualcomm chips and laid out a road map to expand its new foundry business.</p>\n<p>Volume on U.S. exchanges was 10.36 billion shares, compared with the 9.86 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.87-to-1 ratio; on Nasdaq, a 2.65-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 44 new 52-week highs and no new lows; the Nasdaq Composite recorded 39 new highs and 235 new lows.</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>Wall St snaps five-day up streak as caution rises before tech earnings, Fed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St snaps five-day up streak as caution rises before tech earnings, Fed\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-28 07:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, July 27 (Reuters) - U.S. stocks fell on Tuesday, ending a five-day winning streak in the three major indexes, as investors were cautious before results from top tech and internet names and Wednesday's Federal Reserve announcement.</p>\n<p>The Nasdaq led the day's declines, registering its biggest daily percentage drop since May 12, but the three indexes pared losses heading into the close and ended well off the lows of the session.</p>\n<p>Shares of Apple Inc, Microsoft Corp and Google parent Alphabet Inc , which all reported earnings after the bell, dropped and weighed the most on the Nasdaq and S&P 500 along with Amazon.com Inc , which is expected to report results later this week.</p>\n<p>Also, electric-car maker Tesla Inc fell 2%, a day after it posted a bigger-than-expected second-quarter profit but said a global chip shortage that led to temporary factory shutdowns for the automaker remains serious.</p>\n<p>Shares of the heavily weighted tech and internet companies have run up recently and last week regained leadership in the market, putting their results even more in the spotlight.</p>\n<p>\"Expectations are so high. They're going to have good numbers ... but we are expecting much more or maybe they will talk down the second half of the year,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p>\n<p>Adding to the cautious tone is the outlook for U.S.-listed Chinese stocks, he said. The shares including Baidu extended losses as fears over more regulations in the mainland persisted.</p>\n<p>\"There's a fair amount of (U.S.) investors in those companies,\" Nolte said.</p>\n<p>Uncertainty also rose as the Fed began its two-day meeting, with investors looking for signs on when it intends to begin reining in its massive stimulus program.</p>\n<p>The Dow Jones Industrial Average fell 85.79 points, or 0.24%, to 35,058.52, the S&P 500 lost 20.84 points, or 0.47%, to 4,401.46 and the Nasdaq Composite dropped 180.14 points, or 1.21%, to 14,660.58.</p>\n<p>Helping to support the Dow, shares of McDonald's Corp rose 1% ahead of its results due before the bell on Wednesday.</p>\n<p>In another sign that investors were in a risk-off mood, defensive sectors such as real estate and utilities were the two best-performing S&P 500 categories for the day, and U.S. Treasuries prices rose.</p>\n<p>Intel Corp shares dropped 2.1% after it said its factories would start building Qualcomm chips and laid out a road map to expand its new foundry business.</p>\n<p>Volume on U.S. exchanges was 10.36 billion shares, compared with the 9.86 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.87-to-1 ratio; on Nasdaq, a 2.65-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 44 new 52-week highs and no new lows; the Nasdaq Composite recorded 39 new highs and 235 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154991792","content_text":"NEW YORK, July 27 (Reuters) - U.S. stocks fell on Tuesday, ending a five-day winning streak in the three major indexes, as investors were cautious before results from top tech and internet names and Wednesday's Federal Reserve announcement.\nThe Nasdaq led the day's declines, registering its biggest daily percentage drop since May 12, but the three indexes pared losses heading into the close and ended well off the lows of the session.\nShares of Apple Inc, Microsoft Corp and Google parent Alphabet Inc , which all reported earnings after the bell, dropped and weighed the most on the Nasdaq and S&P 500 along with Amazon.com Inc , which is expected to report results later this week.\nAlso, electric-car maker Tesla Inc fell 2%, a day after it posted a bigger-than-expected second-quarter profit but said a global chip shortage that led to temporary factory shutdowns for the automaker remains serious.\nShares of the heavily weighted tech and internet companies have run up recently and last week regained leadership in the market, putting their results even more in the spotlight.\n\"Expectations are so high. They're going to have good numbers ... but we are expecting much more or maybe they will talk down the second half of the year,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.\nAdding to the cautious tone is the outlook for U.S.-listed Chinese stocks, he said. The shares including Baidu extended losses as fears over more regulations in the mainland persisted.\n\"There's a fair amount of (U.S.) investors in those companies,\" Nolte said.\nUncertainty also rose as the Fed began its two-day meeting, with investors looking for signs on when it intends to begin reining in its massive stimulus program.\nThe Dow Jones Industrial Average fell 85.79 points, or 0.24%, to 35,058.52, the S&P 500 lost 20.84 points, or 0.47%, to 4,401.46 and the Nasdaq Composite dropped 180.14 points, or 1.21%, to 14,660.58.\nHelping to support the Dow, shares of McDonald's Corp rose 1% ahead of its results due before the bell on Wednesday.\nIn another sign that investors were in a risk-off mood, defensive sectors such as real estate and utilities were the two best-performing S&P 500 categories for the day, and U.S. Treasuries prices rose.\nIntel Corp shares dropped 2.1% after it said its factories would start building Qualcomm chips and laid out a road map to expand its new foundry business.\nVolume on U.S. exchanges was 10.36 billion shares, compared with the 9.86 billion average for the full session over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.87-to-1 ratio; on Nasdaq, a 2.65-to-1 ratio favored decliners.\nThe S&P 500 posted 44 new 52-week highs and no new lows; the Nasdaq Composite recorded 39 new highs and 235 new lows.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":789,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146122296,"gmtCreate":1626060621715,"gmtModify":1633930521071,"author":{"id":"3585895733058794","authorId":"3585895733058794","name":"RP_08","avatar":"https://static.tigerbbs.com/71ea548dab4b31bd7157dc5b677644f1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585895733058794","authorIdStr":"3585895733058794"},"themes":[],"htmlText":"Comment ","listText":"Comment ","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146122296","repostId":"1120319913","repostType":4,"repost":{"id":"1120319913","kind":"news","pubTimestamp":1626059818,"share":"https://ttm.financial/m/news/1120319913?lang=&edition=full","pubTime":"2021-07-12 11:16","market":"uk","language":"en","title":"Central London rents jump by record as tenants return to capital","url":"https://stock-news.laohu8.com/highlight/detail?id=1120319913","media":"Bloomberg","summary":"[LONDON] Londoners have returned to their city center with a bang.\nRents in central districts surged","content":"<p>[LONDON] Londoners have returned to their city center with a bang.</p>\n<p>Rents in central districts surged 4.3 per cent in June from the previous month, the fastest pace on record, as the easing of lockdown restrictions lured tenants back to urban life, according to estate agent Hamptons International. That's the first time since the start of the pandemic that rents saw a monthly increase.</p>\n<p>\"Inner London landlords have suffered more than investors anywhere else in the country. But in recent months rental growth here has changed course,\" said Aneisha Beveridge, head of research at Hamptons, which sees rents in the area returning to pre-pandemic levels over the next year.</p>\n<p>Prices were boosted as the number of tenants seeking leases surged by 45 per cent in June compared with the same period in 2019. A lack of available homes has also put upward pressure on rents, as short-term lets such as Airbnb properties come back to the market.</p>\n<p>The revived interest in city living offers the potential for central London to bounce back from a devastating year. Debate is still raging about whether the pandemic has permanently soured the allure of city life - or if the trend of urban flight will unwind along with the remaining lockdown measures.</p>\n<p>Those who are returning to the city may be in for something of a bargain. Despite the June spike, rents are still down 16.5 per cent from a year earlier.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Central London rents jump by record as tenants return to capital</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCentral London rents jump by record as tenants return to capital\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 11:16 GMT+8 <a href=https://www.businesstimes.com.sg/real-estate/central-london-rents-jump-by-record-as-tenants-return-to-capital><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[LONDON] Londoners have returned to their city center with a bang.\nRents in central districts surged 4.3 per cent in June from the previous month, the fastest pace on record, as the easing of lockdown...</p>\n\n<a href=\"https://www.businesstimes.com.sg/real-estate/central-london-rents-jump-by-record-as-tenants-return-to-capital\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.businesstimes.com.sg/real-estate/central-london-rents-jump-by-record-as-tenants-return-to-capital","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120319913","content_text":"[LONDON] Londoners have returned to their city center with a bang.\nRents in central districts surged 4.3 per cent in June from the previous month, the fastest pace on record, as the easing of lockdown restrictions lured tenants back to urban life, according to estate agent Hamptons International. That's the first time since the start of the pandemic that rents saw a monthly increase.\n\"Inner London landlords have suffered more than investors anywhere else in the country. But in recent months rental growth here has changed course,\" said Aneisha Beveridge, head of research at Hamptons, which sees rents in the area returning to pre-pandemic levels over the next year.\nPrices were boosted as the number of tenants seeking leases surged by 45 per cent in June compared with the same period in 2019. A lack of available homes has also put upward pressure on rents, as short-term lets such as Airbnb properties come back to the market.\nThe revived interest in city living offers the potential for central London to bounce back from a devastating year. Debate is still raging about whether the pandemic has permanently soured the allure of city life - or if the trend of urban flight will unwind along with the remaining lockdown measures.\nThose who are returning to the city may be in for something of a bargain. Despite the June spike, rents are still down 16.5 per cent from a year earlier.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148986859,"gmtCreate":1625916114471,"gmtModify":1633936132884,"author":{"id":"3585895733058794","authorId":"3585895733058794","name":"RP_08","avatar":"https://static.tigerbbs.com/71ea548dab4b31bd7157dc5b677644f1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585895733058794","authorIdStr":"3585895733058794"},"themes":[],"htmlText":"😊😊😊","listText":"😊😊😊","text":"😊😊😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/148986859","repostId":"1159307278","repostType":4,"repost":{"id":"1159307278","kind":"news","pubTimestamp":1625873648,"share":"https://ttm.financial/m/news/1159307278?lang=&edition=full","pubTime":"2021-07-10 07:34","market":"us","language":"en","title":"5 Things to Know About Virgin Galactic and the First Passenger Flight to Space","url":"https://stock-news.laohu8.com/highlight/detail?id=1159307278","media":"Barrons","summary":"Richard Branson’s planned flight to space on Sunday could be a monumental moment for the fledgling s","content":"<p>Richard Branson’s planned flight to space on Sunday could be a monumental moment for the fledgling space tourism industry.</p>\n<p>So long as there are no issues or delays, the flight will take the 70-year-old founder of Virgin Galactic(ticker: SPCE), company mission specialists, and pilots, on the first passenger trip to space, beating Jeff Bezos’s Blue Origin passenger flight by more than a week.</p>\n<p>Here’s what to watch for Sunday, along with some recent history.</p>\n<p><b>When Will the Virgin Galactic Space Flight Take Off?</b></p>\n<p>The Virgin Galactic Unity 22 spaceflight is expected to launch from Virgin’s spaceport in New Mexico around 9 a.m. eastern time. The launch can be streamed live on the company’s website and on Barron’s below.</p>\n<p><b>How High Up in Space Will Passenger Go?</b></p>\n<p>Galactic’s VSS Unity spacecraft will hit speeds of about Mach 3, or three times the speed of sound, and rise to about 300,000 feet, or 57 miles. That’s about 10 times as high as many commercial flights but still considered the edge of space. The suborbital flight will not pass the so-called Karman line, which is what scientists use to define the boundary of outer space. That line is about 62 miles up.</p>\n<p>Blue Origin plans to take its passengers past the Karman line on its flight.</p>\n<p><b>How Much Did Passengers Pay for the Trip?</b></p>\n<p>Nothing. While this flight could be another step forward for space tourism, the expected crew members are Galactic employees and Branson. Joining the company’s founder on board will be two pilots; Beth Moses, chief astronaut instructor; Colin Bennett, lead operations engineer; and Sirisha Bandla, vice president of government affairs and research operations.</p>\n<p>Still, Branson is no stranger to publicity. Canaccord analyst Ken Herbert believes it’s possible that Galactic could surprise viewers by bringing a paying customer on board with Branson. That would generate additional buzz for the company.</p>\n<p>A move like that would best space-tourism competitor Blue Origin in another way. Bezos is expected to take the first paying passenger to space on his flight later this month. That seat was auctioned off for $28 million.</p>\n<p>A ticket on a future Virgin Galactic flight will run about $250,000.</p>\n<p><b>What Does the Flight Mean for Investors?</b></p>\n<p>The continuation of flight tests brings Galactic one step closer to full commercialization, which means sales and, hopefully, earnings down the road.</p>\n<p>Once fully operational, each Galactic spaceship is expected to make roughly 36 flights a year. Most Galactic spaceships have about six seats for sale. At full capacity, that’s about $54 million per spaceship a year.</p>\n<p>Analysts expect Galactic to do about $3 million in 2021 sales, growing to $51 million in 2022 and $555 million by 2025. Earnings and cash flow are expected to turn positive around 2024.</p>\n<p>The flight and associated news coverage also represent publicity for the company.</p>\n<p><b>How Will Virgin Galactic Stock Benefit?</b></p>\n<p>A successful test flight is a clear positive for Galactic, but it might not be so for its stock. The news of the flight and the potential benefits are, for the most part, already priced into shares of Virgin Galactic.</p>\n<p><img src=\"https://static.tigerbbs.com/a4113576958bcf043e56e1c92578d0cc\" tg-width=\"840\" tg-height=\"470\"></p>\n<p>The stock is up roughly 120% year to date and up more than 200% over the past 12 months, giving the start-up a market capitalization of around $11 billion.</p>\n<p>Investors shouldn’t be disappointed if the stock doesn’t gain on Monday following a successful flight. The ultimate value of the company will be determined down the road.</p>\n<p>Analysts loved the stock when it was cheaper. Back in September, all analysts covering Galactic rated shares Buy. Theaverage Buy-ratingratio for S&P 500 stocks is about 55%.</p>\n<p>Shares were $25 in September. Now, only 30% of analysts rate shares Buy as the stock has rocketed north of $50 a share.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Things to Know About Virgin Galactic and the First Passenger Flight to Space</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Things to Know About Virgin Galactic and the First Passenger Flight to Space\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-10 07:34 GMT+8 <a href=https://www.barrons.com/articles/virgin-galactic-richard-branson-space-flight-51625848364?mod=hp_LEAD_4><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Richard Branson’s planned flight to space on Sunday could be a monumental moment for the fledgling space tourism industry.\nSo long as there are no issues or delays, the flight will take the 70-year-...</p>\n\n<a href=\"https://www.barrons.com/articles/virgin-galactic-richard-branson-space-flight-51625848364?mod=hp_LEAD_4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://www.barrons.com/articles/virgin-galactic-richard-branson-space-flight-51625848364?mod=hp_LEAD_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159307278","content_text":"Richard Branson’s planned flight to space on Sunday could be a monumental moment for the fledgling space tourism industry.\nSo long as there are no issues or delays, the flight will take the 70-year-old founder of Virgin Galactic(ticker: SPCE), company mission specialists, and pilots, on the first passenger trip to space, beating Jeff Bezos’s Blue Origin passenger flight by more than a week.\nHere’s what to watch for Sunday, along with some recent history.\nWhen Will the Virgin Galactic Space Flight Take Off?\nThe Virgin Galactic Unity 22 spaceflight is expected to launch from Virgin’s spaceport in New Mexico around 9 a.m. eastern time. The launch can be streamed live on the company’s website and on Barron’s below.\nHow High Up in Space Will Passenger Go?\nGalactic’s VSS Unity spacecraft will hit speeds of about Mach 3, or three times the speed of sound, and rise to about 300,000 feet, or 57 miles. That’s about 10 times as high as many commercial flights but still considered the edge of space. The suborbital flight will not pass the so-called Karman line, which is what scientists use to define the boundary of outer space. That line is about 62 miles up.\nBlue Origin plans to take its passengers past the Karman line on its flight.\nHow Much Did Passengers Pay for the Trip?\nNothing. While this flight could be another step forward for space tourism, the expected crew members are Galactic employees and Branson. Joining the company’s founder on board will be two pilots; Beth Moses, chief astronaut instructor; Colin Bennett, lead operations engineer; and Sirisha Bandla, vice president of government affairs and research operations.\nStill, Branson is no stranger to publicity. Canaccord analyst Ken Herbert believes it’s possible that Galactic could surprise viewers by bringing a paying customer on board with Branson. That would generate additional buzz for the company.\nA move like that would best space-tourism competitor Blue Origin in another way. Bezos is expected to take the first paying passenger to space on his flight later this month. That seat was auctioned off for $28 million.\nA ticket on a future Virgin Galactic flight will run about $250,000.\nWhat Does the Flight Mean for Investors?\nThe continuation of flight tests brings Galactic one step closer to full commercialization, which means sales and, hopefully, earnings down the road.\nOnce fully operational, each Galactic spaceship is expected to make roughly 36 flights a year. Most Galactic spaceships have about six seats for sale. At full capacity, that’s about $54 million per spaceship a year.\nAnalysts expect Galactic to do about $3 million in 2021 sales, growing to $51 million in 2022 and $555 million by 2025. Earnings and cash flow are expected to turn positive around 2024.\nThe flight and associated news coverage also represent publicity for the company.\nHow Will Virgin Galactic Stock Benefit?\nA successful test flight is a clear positive for Galactic, but it might not be so for its stock. The news of the flight and the potential benefits are, for the most part, already priced into shares of Virgin Galactic.\n\nThe stock is up roughly 120% year to date and up more than 200% over the past 12 months, giving the start-up a market capitalization of around $11 billion.\nInvestors shouldn’t be disappointed if the stock doesn’t gain on Monday following a successful flight. The ultimate value of the company will be determined down the road.\nAnalysts loved the stock when it was cheaper. Back in September, all analysts covering Galactic rated shares Buy. Theaverage Buy-ratingratio for S&P 500 stocks is about 55%.\nShares were $25 in September. Now, only 30% of analysts rate shares Buy as the stock has rocketed north of $50 a share.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149510427,"gmtCreate":1625734907669,"gmtModify":1633937884680,"author":{"id":"3585895733058794","authorId":"3585895733058794","name":"RP_08","avatar":"https://static.tigerbbs.com/71ea548dab4b31bd7157dc5b677644f1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585895733058794","authorIdStr":"3585895733058794"},"themes":[],"htmlText":"Okay ","listText":"Okay ","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/149510427","repostId":"2149345077","repostType":4,"repost":{"id":"2149345077","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625734097,"share":"https://ttm.financial/m/news/2149345077?lang=&edition=full","pubTime":"2021-07-08 16:48","market":"hk","language":"en","title":"Hong Kong stocks hit 6-month low as tech tumbles on persistent regulatory fears","url":"https://stock-news.laohu8.com/highlight/detail?id=2149345077","media":"Reuters","summary":"* HK->Shanghai Connect daily quota used -0.8%, Shanghai->HK daily quota used -1.2%\n* HSI -2.9%, HSCE","content":"<p>* HK->Shanghai Connect daily quota used -0.8%, Shanghai->HK daily quota used -1.2%</p>\n<p>* HSI -2.9%, HSCE -3.2%, CSI300 -1.0%</p>\n<p>* FTSE China A50 -1.8%, </p>\n<p>July 8 (Reuters) - Hong Kong stocks slumped on Thursday to a six-month low, as tech firms tumbled amid persistent regulatory worries.</p>\n<p>** The Hang Seng index fell 2.9%, to 27,153.13, lowest since Jan. 4, while the China Enterprises Index lost 3.2%, to 9,822.56 points.</p>\n<p>** Falling the most, the Hang Seng tech index tumbled 3.7% to its lowest since Oct. 7, posting its seventh straight day of losses.</p>\n<p>** Bilibili Inc , Meituan , Baidu Inc and JD.Com Inc retreated between 3.6% and 7.3%.</p>\n<p>** Tencent and Alibaba sank 3.7% and 4.1%, respectively.</p>\n<p>** China's market regulator said on Wednesday it had fined a number of internet companies including Didi Chuxing , Tencent and Alibaba for failing to report earlier merger and acquisition deals for approval, according to a statement on the website of the State Administration of Market Regulation <a href=\"https://laohu8.com/S/SAMR.SI\">$(SAMR.SI)$</a>.</p>\n<p>** Amid persistent regulatory worries, Linus Yip, chief strategist at First Shanghai Securities said，\"those leading tech companies are still in the process of seeking a bottom.\"</p>\n<p>** He added a decreasing U.S. ten-year yield since June also dampen the appeal of traditional cyclical firms, making investors more reluctant to rotate when there was a slump in new economy stocks.</p>\n<p>** On the other hand, Beijing's surprise hint at monetary easing raised worries over the health of China's economy.</p>\n<p>** China will use timely cuts in the bank reserve requirement ratio <a href=\"https://laohu8.com/S/RRR\">$(RRR)$</a> to support the real economy, especially small firms, the cabinet said on Wednesday.</p>\n<p>** \"We expect this policy action may yield negative sentiment among investors who may infer that the authority may be concerned about a weaker-than-expected economic recovery, implying potentially higher credit risks ahead,\" CITI analysts Judy Zhang and Julia Cheung said in a report.</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>Hong Kong stocks hit 6-month low as tech tumbles on persistent regulatory fears</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong stocks hit 6-month low as tech tumbles on persistent regulatory fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-08 16:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* HK->Shanghai Connect daily quota used -0.8%, Shanghai->HK daily quota used -1.2%</p>\n<p>* HSI -2.9%, HSCE -3.2%, CSI300 -1.0%</p>\n<p>* FTSE China A50 -1.8%, </p>\n<p>July 8 (Reuters) - Hong Kong stocks slumped on Thursday to a six-month low, as tech firms tumbled amid persistent regulatory worries.</p>\n<p>** The Hang Seng index fell 2.9%, to 27,153.13, lowest since Jan. 4, while the China Enterprises Index lost 3.2%, to 9,822.56 points.</p>\n<p>** Falling the most, the Hang Seng tech index tumbled 3.7% to its lowest since Oct. 7, posting its seventh straight day of losses.</p>\n<p>** Bilibili Inc , Meituan , Baidu Inc and JD.Com Inc retreated between 3.6% and 7.3%.</p>\n<p>** Tencent and Alibaba sank 3.7% and 4.1%, respectively.</p>\n<p>** China's market regulator said on Wednesday it had fined a number of internet companies including Didi Chuxing , Tencent and Alibaba for failing to report earlier merger and acquisition deals for approval, according to a statement on the website of the State Administration of Market Regulation <a href=\"https://laohu8.com/S/SAMR.SI\">$(SAMR.SI)$</a>.</p>\n<p>** Amid persistent regulatory worries, Linus Yip, chief strategist at First Shanghai Securities said，\"those leading tech companies are still in the process of seeking a bottom.\"</p>\n<p>** He added a decreasing U.S. ten-year yield since June also dampen the appeal of traditional cyclical firms, making investors more reluctant to rotate when there was a slump in new economy stocks.</p>\n<p>** On the other hand, Beijing's surprise hint at monetary easing raised worries over the health of China's economy.</p>\n<p>** China will use timely cuts in the bank reserve requirement ratio <a href=\"https://laohu8.com/S/RRR\">$(RRR)$</a> to support the real economy, especially small firms, the cabinet said on Wednesday.</p>\n<p>** \"We expect this policy action may yield negative sentiment among investors who may infer that the authority may be concerned about a weaker-than-expected economic recovery, implying potentially higher credit risks ahead,\" CITI analysts Judy Zhang and Julia Cheung said in a report.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","09988":"阿里巴巴-W","BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149345077","content_text":"* HK->Shanghai Connect daily quota used -0.8%, Shanghai->HK daily quota used -1.2%\n* HSI -2.9%, HSCE -3.2%, CSI300 -1.0%\n* FTSE China A50 -1.8%, \nJuly 8 (Reuters) - Hong Kong stocks slumped on Thursday to a six-month low, as tech firms tumbled amid persistent regulatory worries.\n** The Hang Seng index fell 2.9%, to 27,153.13, lowest since Jan. 4, while the China Enterprises Index lost 3.2%, to 9,822.56 points.\n** Falling the most, the Hang Seng tech index tumbled 3.7% to its lowest since Oct. 7, posting its seventh straight day of losses.\n** Bilibili Inc , Meituan , Baidu Inc and JD.Com Inc retreated between 3.6% and 7.3%.\n** Tencent and Alibaba sank 3.7% and 4.1%, respectively.\n** China's market regulator said on Wednesday it had fined a number of internet companies including Didi Chuxing , Tencent and Alibaba for failing to report earlier merger and acquisition deals for approval, according to a statement on the website of the State Administration of Market Regulation $(SAMR.SI)$.\n** Amid persistent regulatory worries, Linus Yip, chief strategist at First Shanghai Securities said，\"those leading tech companies are still in the process of seeking a bottom.\"\n** He added a decreasing U.S. ten-year yield since June also dampen the appeal of traditional cyclical firms, making investors more reluctant to rotate when there was a slump in new economy stocks.\n** On the other hand, Beijing's surprise hint at monetary easing raised worries over the health of China's economy.\n** China will use timely cuts in the bank reserve requirement ratio $(RRR)$ to support the real economy, especially small firms, the cabinet said on Wednesday.\n** \"We expect this policy action may yield negative sentiment among investors who may infer that the authority may be concerned about a weaker-than-expected economic recovery, implying potentially higher credit risks ahead,\" CITI analysts Judy Zhang and Julia Cheung said in a report.","news_type":1,"symbols_score_info":{"09988":0.9,"BABA":0.9,"HSI":0.9}},"isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154578383,"gmtCreate":1625536547642,"gmtModify":1633939880367,"author":{"id":"3585895733058794","authorId":"3585895733058794","name":"RP_08","avatar":"https://static.tigerbbs.com/71ea548dab4b31bd7157dc5b677644f1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585895733058794","authorIdStr":"3585895733058794"},"themes":[],"htmlText":"Good ","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/154578383","repostId":"1116255026","repostType":4,"repost":{"id":"1116255026","kind":"news","pubTimestamp":1625527973,"share":"https://ttm.financial/m/news/1116255026?lang=&edition=full","pubTime":"2021-07-06 07:32","market":"us","language":"en","title":"Stock futures are flat after S&P 500 and Nasdaq notch another round of records","url":"https://stock-news.laohu8.com/highlight/detail?id=1116255026","media":"CNBC","summary":"Stock futures were flat in overnight trading on Monday as Wall Street gets set to kick off the holid","content":"<div>\n<p>Stock futures were flat in overnight trading on Monday as Wall Street gets set to kick off the holiday-shortened week with the S&P 500 at a record high.\nFutures on the Dow Jones Industrial Average ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/05/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock futures are flat after S&P 500 and Nasdaq notch another round of records</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{ 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.h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock futures are flat after S&P 500 and Nasdaq notch another round of records\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 07:32 GMT+8 <a href=https://www.cnbc.com/2021/07/05/stock-market-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock futures were flat in overnight trading on Monday as Wall Street gets set to kick off the holiday-shortened week with the S&P 500 at a record high.\nFutures on the Dow Jones Industrial Average ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/05/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SH":"标普500反向ETF","QQQ":"纳指100ETF","SPXU":"三倍做空标普500ETF","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","IVV":"标普500指数ETF","SPY":"标普500ETF","QLD":"纳指两倍做多ETF","OEF":"标普100指数ETF-iShares","NDAQ":"纳斯达克OMX交易所","QID":"纳指两倍做空ETF","SSO":"两倍做多标普500ETF","SQQQ":"纳指三倍做空ETF",".IXIC":"NASDAQ Composite","PSQ":"纳指反向ETF"},"source_url":"https://www.cnbc.com/2021/07/05/stock-market-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1116255026","content_text":"Stock futures were flat in overnight trading on Monday as Wall Street gets set to kick off the holiday-shortened week with the S&P 500 at a record high.\nFutures on the Dow Jones Industrial Average rose just 30 points. S&P 500 futures were little changed and Nasdaq 100 futures dipped less than 0.1%. U.S. markets remained closed for the July 4 Independence Day holiday.\nWest Texas Intermediate crude rose above $76 a barrel as a key meeting between oil producer group OPEC and its partners on crude output policyhas been called off. The postponement came as the United Arab Emirates rejected a proposal to extend oil production increase for a second day.\nThe S&P 500 is coming off a seven-day winning streak, its longest since August, amid a string of solid economic reports including a better-than-expected jobs report on Friday. The tech-heavy Nasdaq Composite also reached a record high in the previous session.\nThe economy added 850,000 jobs last month, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting an addition of 706,000.\nStill, many on Wall Street expect smaller and choppier gains from the rest of the year after a strong performance in the first half amid a historic economic reopening. The S&P 500 is up nearly 16% year to date.\n“The US economy is booming, but this is now a known known and asset markets reflect it. What isn’t so clear anymore is at what price this growth will accrue,” Michael Wilson, chief U.S. equity strategist at Morgan Stanley, said in a note.\n“Higher costs mean lower profits, another reason why the overall equity market has been narrowing... equity markets are likely to take a break this summer as things heat up,” Wilson said.\nWall Street’s consensus year-end target for the S&P 500 stands at 4,276, representing a near 2% loss from Friday’s close of 4,352.34, according to the CNBC Market Strategist Survey that rounds up 16 top strategists’ forecasts.\nInvestors await the release of June Federal Open Market Committee meeting minutes due Wednesday for clues about the central bank’s behind-the-scenes discussions on winding down its quantitative easing program.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,".IXIC":0.9,".SPX":0.9,"ESmain":0.9,"IVV":0.9,"MNQmain":0.9,"NDAQ":0.9,"NQmain":0.9,"OEF":0.9,"PSQ":0.9,"QID":0.9,"QLD":0.9,"QQQ":0.9,"SH":0.9,"SPXU":0.9,"SPY":0.9,"SQQQ":0.9,"SSO":0.9,"UPRO":0.9}},"isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154571608,"gmtCreate":1625536517804,"gmtModify":1633939880832,"author":{"id":"3585895733058794","authorId":"3585895733058794","name":"RP_08","avatar":"https://static.tigerbbs.com/71ea548dab4b31bd7157dc5b677644f1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585895733058794","authorIdStr":"3585895733058794"},"themes":[],"htmlText":"😊😊😊","listText":"😊😊😊","text":"😊😊😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/154571608","repostId":"1116255026","repostType":4,"repost":{"id":"1116255026","kind":"news","pubTimestamp":1625527973,"share":"https://ttm.financial/m/news/1116255026?lang=&edition=full","pubTime":"2021-07-06 07:32","market":"us","language":"en","title":"Stock futures are flat after S&P 500 and Nasdaq notch another round of records","url":"https://stock-news.laohu8.com/highlight/detail?id=1116255026","media":"CNBC","summary":"Stock futures were flat in overnight trading on Monday as Wall Street gets set to kick off the holid","content":"<div>\n<p>Stock futures were flat in overnight trading on Monday as Wall Street gets set to kick off the holiday-shortened week with the S&P 500 at a record high.\nFutures on the Dow Jones Industrial Average ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/05/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock futures are flat after S&P 500 and Nasdaq notch another round of records</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock futures are flat after S&P 500 and Nasdaq notch another round of records\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 07:32 GMT+8 <a href=https://www.cnbc.com/2021/07/05/stock-market-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock futures were flat in overnight trading on Monday as Wall Street gets set to kick off the holiday-shortened week with the S&P 500 at a record high.\nFutures on the Dow Jones Industrial Average ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/05/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SH":"标普500反向ETF","QQQ":"纳指100ETF","SPXU":"三倍做空标普500ETF","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","IVV":"标普500指数ETF","SPY":"标普500ETF","QLD":"纳指两倍做多ETF","OEF":"标普100指数ETF-iShares","NDAQ":"纳斯达克OMX交易所","QID":"纳指两倍做空ETF","SSO":"两倍做多标普500ETF","SQQQ":"纳指三倍做空ETF",".IXIC":"NASDAQ Composite","PSQ":"纳指反向ETF"},"source_url":"https://www.cnbc.com/2021/07/05/stock-market-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1116255026","content_text":"Stock futures were flat in overnight trading on Monday as Wall Street gets set to kick off the holiday-shortened week with the S&P 500 at a record high.\nFutures on the Dow Jones Industrial Average rose just 30 points. S&P 500 futures were little changed and Nasdaq 100 futures dipped less than 0.1%. U.S. markets remained closed for the July 4 Independence Day holiday.\nWest Texas Intermediate crude rose above $76 a barrel as a key meeting between oil producer group OPEC and its partners on crude output policyhas been called off. The postponement came as the United Arab Emirates rejected a proposal to extend oil production increase for a second day.\nThe S&P 500 is coming off a seven-day winning streak, its longest since August, amid a string of solid economic reports including a better-than-expected jobs report on Friday. The tech-heavy Nasdaq Composite also reached a record high in the previous session.\nThe economy added 850,000 jobs last month, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting an addition of 706,000.\nStill, many on Wall Street expect smaller and choppier gains from the rest of the year after a strong performance in the first half amid a historic economic reopening. The S&P 500 is up nearly 16% year to date.\n“The US economy is booming, but this is now a known known and asset markets reflect it. What isn’t so clear anymore is at what price this growth will accrue,” Michael Wilson, chief U.S. equity strategist at Morgan Stanley, said in a note.\n“Higher costs mean lower profits, another reason why the overall equity market has been narrowing... equity markets are likely to take a break this summer as things heat up,” Wilson said.\nWall Street’s consensus year-end target for the S&P 500 stands at 4,276, representing a near 2% loss from Friday’s close of 4,352.34, according to the CNBC Market Strategist Survey that rounds up 16 top strategists’ forecasts.\nInvestors await the release of June Federal Open Market Committee meeting minutes due Wednesday for clues about the central bank’s behind-the-scenes discussions on winding down its quantitative easing program.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,".IXIC":0.9,".SPX":0.9,"ESmain":0.9,"IVV":0.9,"MNQmain":0.9,"NDAQ":0.9,"NQmain":0.9,"OEF":0.9,"PSQ":0.9,"QID":0.9,"QLD":0.9,"QQQ":0.9,"SH":0.9,"SPXU":0.9,"SPY":0.9,"SQQQ":0.9,"SSO":0.9,"UPRO":0.9}},"isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154571344,"gmtCreate":1625536492388,"gmtModify":1633939881071,"author":{"id":"3585895733058794","authorId":"3585895733058794","name":"RP_08","avatar":"https://static.tigerbbs.com/71ea548dab4b31bd7157dc5b677644f1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585895733058794","authorIdStr":"3585895733058794"},"themes":[],"htmlText":"Comment ","listText":"Comment ","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/154571344","repostId":"1190430616","repostType":4,"repost":{"id":"1190430616","kind":"news","pubTimestamp":1625528334,"share":"https://ttm.financial/m/news/1190430616?lang=&edition=full","pubTime":"2021-07-06 07:38","market":"us","language":"en","title":"OIL AND GAS Oil prices jump to multiyear highs after OPEC+ talks yield no production deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1190430616","media":"CNBC","summary":"Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil","content":"<div>\n<p>Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil-producing allies werepostponed indefinitely, with the group failing to reach an agreement on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/05/oil-prices-jump-to-multiyear-highs-after-opec-talks-yield-no-production-deal-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OIL AND GAS Oil prices jump to multiyear highs after OPEC+ talks yield no production deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOIL AND GAS Oil prices jump to multiyear highs after OPEC+ talks yield no production deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 07:38 GMT+8 <a href=https://www.cnbc.com/2021/07/05/oil-prices-jump-to-multiyear-highs-after-opec-talks-yield-no-production-deal-.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil-producing allies werepostponed indefinitely, with the group failing to reach an agreement on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/05/oil-prices-jump-to-multiyear-highs-after-opec-talks-yield-no-production-deal-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/07/05/oil-prices-jump-to-multiyear-highs-after-opec-talks-yield-no-production-deal-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1190430616","content_text":"Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil-producing allies werepostponed indefinitely, with the group failing to reach an agreement on production policy for August and beyond.\nWest Texas Intermediate crude futures, the U.S. oil benchmark, advanced 1.56%, or $1.17, to $76.33 per barrel, its highest level since October 2018. International benchmarkBrent cruderose 1.2%, or 93 cents, to $77.10 per barrel.\nDiscussions beganlast weekbetween OPEC and its allies, known as OPEC+, as the energy alliance sought to establish output policy for the remainder of the year. The group on Friday voted on a proposal that would have returned 400,000 barrels per day to the market each month from August through December, resulting in an additional 2 million barrels per day by the end of the year. Members also proposed extending the output cuts through the end of 2022.\nThe United Arab Emirates rejected these proposals, however, and talks stretched from Thursday to Friday as the group tried to reach a consensus. Initially, discussions were set to resume on Monday but were ultimately called off.\n“The date of the next meeting will be decided in due course,” OPEC Secretary General Mohammad Barkindo said in a statement.\nOPEC+ took historic measures in April 2020 and removed nearly 10 million barrels per day of production in an effort to support prices as demand for petroleum-products plummeted. Since then, the group has been slowly returning barrels to the market, while meeting on a near monthly basis to discuss output policy.\n“For us, it wasn’t a good deal,” UAE Minister of Energy and Infrastructure Suhail Al Mazroueitold CNBC on Sunday. He added that the country would support a short-term increase in supply, but wants better terms if the policy is to be extended through 2022.\nOil’s blistering rally this year — WTI has gained 57% during 2021 — meant that ahead of last week’s meeting many Wall Street analysts expected the group to boost production in an effort to curb the spike in prices.\n“With no increase in production, the forthcoming growth in demand should see global energy markets tighten up at an even faster pace than anticipated,” analysts at TD Securities wrote in a note to clients.\n“This impasse will lead to a temporary and significantly larger-than-anticipated deficit, which should fuel even higher prices for the time being. The summer breakout in oil prices is set to gather steam at a fast clip,” the firm added.\n— CNBC’s Sam Meredith contributed reporting.","news_type":1,"symbols_score_info":{"CLmain":0.9,"QMmain":0.9}},"isVote":1,"tweetType":1,"viewCount":558,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167544575,"gmtCreate":1624279649497,"gmtModify":1634008513662,"author":{"id":"3585895733058794","authorId":"3585895733058794","name":"RP_08","avatar":"https://static.tigerbbs.com/71ea548dab4b31bd7157dc5b677644f1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585895733058794","authorIdStr":"3585895733058794"},"themes":[],"htmlText":"Comment ","listText":"Comment ","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/167544575","repostId":"1193552924","repostType":4,"repost":{"id":"1193552924","kind":"news","pubTimestamp":1624279304,"share":"https://ttm.financial/m/news/1193552924?lang=&edition=full","pubTime":"2021-06-21 20:41","market":"us","language":"en","title":"The Russell 2000 Index Reconstitution: Because Markets Change","url":"https://stock-news.laohu8.com/highlight/detail?id=1193552924","media":"The Street","summary":"FTSE Russell reconstitutes its indices each June, which presents risk management challenges for some","content":"<blockquote>\n FTSE Russell reconstitutes its indices each June, which presents risk management challenges for some and potential alpha trade opportunities for others.\n</blockquote>\n<p><b>Why Index Reconstitution?</b></p>\n<p>The U.S. equity market is the largest publicly traded securities market in the world. The rebalance happens, simply put, because markets change and evolve. The annual reconstitution ensures that the Russell U.S. Indexes are recast to reflect changes in the U.S. equity markets over the preceding year in accordance with the transparent, public, rules-based methodology.</p>\n<p>During the multiweek rebalancing process – concluding this year on June 25 – changes in market capitalization, sector composition, company rankings and style orientation are captured to be reflected in the new index composition and allow the different indices to remain representative of the benchmarks they are targeting.</p>\n<p><b>Why Is This Important For Investors?</b></p>\n<p>The annual reconstitution is one of the most significant drivers of short-term shifts in supply and demand for U.S. equities, often leading to sizable price movements and volatility in individual company names or industry sectors. The final day of the reconstitution has typically been one of the highest trading volume days of the year in U.S. equity markets.</p>\n<p>The Russell Reconstitution plays a critical role in ensuring consistency, transparency and reliability of U.S. equity market measures for global investors.</p>\n<p>This closely watched market event impacts more than $9 trillion in investor assets benchmarked to or invested in products based on the Russell U.S. Indexes. The event can create risks for investors who are tracking these indices to ensure they have minimal performance slippage versus their benchmark index. Similarly, it can create opportunities for investors seeking to benefit from the price moves which may be created from the reconstitution.</p>\n<p>Countless ETFs, mutual funds and managed asset programs mirror the composition of the Russell U.S. Indexes in their investment funds, structured products and index-based derivatives. With close to 70% of actively-managed institutional U.S. equity assets currently benchmarked to a Russell Index, changes to index composition are apt to reverberate widely across the market.</p>\n<p>Comparison of year-to-year changes in the breakpoint between large cap and small-cap sectors serves as a useful gauge of secular growth in market valuations.</p>\n<p><b>Exhibit 1:Historical Maximum and Minimum Market Capitalizations, With and Without Banding</b></p>\n<p><img src=\"https://static.tigerbbs.com/0bd382be1cf4fa7988c22a2465e7868e\" tg-width=\"700\" tg-height=\"302\">Banding minimizes unnecessary turnover: Any incumbent index member will get moved from the large-cap segment to the small cap segment, or vice versa, only if its newly-evaluated market cap falls outside a 5% band centered around the breakpoint.</p>\n<p><b>Exhibit 2: Historical Breakpoint Between Russell Large Cap and Small Cap Indexes</b></p>\n<p><img src=\"https://static.tigerbbs.com/6655f0a2ceaaadf8dc5bdc9a631a8329\" tg-width=\"700\" tg-height=\"329\"></p>\n<p><b>What Does the Early Reconstitution Analysis Tell Us?</b></p>\n<p>On May 7, known as rank day, FTSE Russell posted its preliminary lists of companies set to enter or leave the Russell 2000 Index. The preliminary list shows dozens of publicly traded banks expected to be removed from the Index in June 2021.</p>\n<p>During last summer’s reconstitution in the early months of the COVID-19 pandemic, the smallest market cap in the Russell 2000 dropped to$94.8 million, the cutoff’s lowest point since the Great Recession. Analysts are expecting a high market-cap hurdle in 2021.</p>\n<p>Four times during June, preliminary lists of additions and deletions to indexes including the Russell 2000 are made public, per the FTSE Russell’s reconstitutionschedule. On June 25, after markets close on the last Friday of the month, the Russell rebalance goes into effect.</p>\n<p>Away from the limelight that FAANG stocks and the Nasdaq-dominated stocks get, the small-cap shares also had a tremendous run over the past 12 months. The Russell 2000 Index is up by nearly 100% over the one-year period.</p>\n<p><b>Using CME E-mini Russell 2000 Index Futures Around the Reconstitution</b></p>\n<p>Many investors consider the Russell 2000 Index to bethe most comprehensive indicator of the U.S. economydue to its breadth of industries as well as its constituents central exposure to the United States.</p>\n<p>The annual reconstitution requires thoughtful and well-executed risk management on the part of investors. It is one of the most significant drivers of short-term shifts in supply and demand for U.S. equities, often leading to sizable price movements and volatility in individual companies or industry sectors.</p>\n<p>Investors thinking about rebalancing their index exposures could involve buying all index additions and selling all index deletions, while carefully weighing the trade-offs between tracking error and minimization of price impacts and trading costs. Although reconstitution poses a risk of performance slippage and index tracking error, it also can present opportunities for investors seeking to benefit from share price moves that arise from reconstitution.</p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Russell 2000 Index Reconstitution: Because Markets Change</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Russell 2000 Index Reconstitution: Because Markets Change\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 20:41 GMT+8 <a href=https://www.thestreet.com/investing/futures/russell-2000-index-reconstitution-markets-change><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FTSE Russell reconstitutes its indices each June, which presents risk management challenges for some and potential alpha trade opportunities for others.\n\nWhy Index Reconstitution?\nThe U.S. equity ...</p>\n\n<a href=\"https://www.thestreet.com/investing/futures/russell-2000-index-reconstitution-markets-change\">Web Link</a>\n\n</div>\n\n\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.thestreet.com/investing/futures/russell-2000-index-reconstitution-markets-change","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193552924","content_text":"FTSE Russell reconstitutes its indices each June, which presents risk management challenges for some and potential alpha trade opportunities for others.\n\nWhy Index Reconstitution?\nThe U.S. equity market is the largest publicly traded securities market in the world. The rebalance happens, simply put, because markets change and evolve. The annual reconstitution ensures that the Russell U.S. Indexes are recast to reflect changes in the U.S. equity markets over the preceding year in accordance with the transparent, public, rules-based methodology.\nDuring the multiweek rebalancing process – concluding this year on June 25 – changes in market capitalization, sector composition, company rankings and style orientation are captured to be reflected in the new index composition and allow the different indices to remain representative of the benchmarks they are targeting.\nWhy Is This Important For Investors?\nThe annual reconstitution is one of the most significant drivers of short-term shifts in supply and demand for U.S. equities, often leading to sizable price movements and volatility in individual company names or industry sectors. The final day of the reconstitution has typically been one of the highest trading volume days of the year in U.S. equity markets.\nThe Russell Reconstitution plays a critical role in ensuring consistency, transparency and reliability of U.S. equity market measures for global investors.\nThis closely watched market event impacts more than $9 trillion in investor assets benchmarked to or invested in products based on the Russell U.S. Indexes. The event can create risks for investors who are tracking these indices to ensure they have minimal performance slippage versus their benchmark index. Similarly, it can create opportunities for investors seeking to benefit from the price moves which may be created from the reconstitution.\nCountless ETFs, mutual funds and managed asset programs mirror the composition of the Russell U.S. Indexes in their investment funds, structured products and index-based derivatives. With close to 70% of actively-managed institutional U.S. equity assets currently benchmarked to a Russell Index, changes to index composition are apt to reverberate widely across the market.\nComparison of year-to-year changes in the breakpoint between large cap and small-cap sectors serves as a useful gauge of secular growth in market valuations.\nExhibit 1:Historical Maximum and Minimum Market Capitalizations, With and Without Banding\nBanding minimizes unnecessary turnover: Any incumbent index member will get moved from the large-cap segment to the small cap segment, or vice versa, only if its newly-evaluated market cap falls outside a 5% band centered around the breakpoint.\nExhibit 2: Historical Breakpoint Between Russell Large Cap and Small Cap Indexes\n\nWhat Does the Early Reconstitution Analysis Tell Us?\nOn May 7, known as rank day, FTSE Russell posted its preliminary lists of companies set to enter or leave the Russell 2000 Index. The preliminary list shows dozens of publicly traded banks expected to be removed from the Index in June 2021.\nDuring last summer’s reconstitution in the early months of the COVID-19 pandemic, the smallest market cap in the Russell 2000 dropped to$94.8 million, the cutoff’s lowest point since the Great Recession. Analysts are expecting a high market-cap hurdle in 2021.\nFour times during June, preliminary lists of additions and deletions to indexes including the Russell 2000 are made public, per the FTSE Russell’s reconstitutionschedule. On June 25, after markets close on the last Friday of the month, the Russell rebalance goes into effect.\nAway from the limelight that FAANG stocks and the Nasdaq-dominated stocks get, the small-cap shares also had a tremendous run over the past 12 months. The Russell 2000 Index is up by nearly 100% over the one-year period.\nUsing CME E-mini Russell 2000 Index Futures Around the Reconstitution\nMany investors consider the Russell 2000 Index to bethe most comprehensive indicator of the U.S. economydue to its breadth of industries as well as its constituents central exposure to the United States.\nThe annual reconstitution requires thoughtful and well-executed risk management on the part of investors. It is one of the most significant drivers of short-term shifts in supply and demand for U.S. equities, often leading to sizable price movements and volatility in individual companies or industry sectors.\nInvestors thinking about rebalancing their index exposures could involve buying all index additions and selling all index deletions, while carefully weighing the trade-offs between tracking error and minimization of price impacts and trading costs. Although reconstitution poses a risk of performance slippage and index tracking error, it also can present opportunities for investors seeking to benefit from share price moves that arise from reconstitution.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167545829,"gmtCreate":1624279576861,"gmtModify":1634008514704,"author":{"id":"3585895733058794","authorId":"3585895733058794","name":"RP_08","avatar":"https://static.tigerbbs.com/71ea548dab4b31bd7157dc5b677644f1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585895733058794","authorIdStr":"3585895733058794"},"themes":[],"htmlText":"😊😊😊","listText":"😊😊😊","text":"😊😊😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167545829","repostId":"1164918098","repostType":4,"repost":{"id":"1164918098","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624276383,"share":"https://ttm.financial/m/news/1164918098?lang=&edition=full","pubTime":"2021-06-21 19:53","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1164918098","media":"Tiger Newspress","summary":"Dow set to bounce after its worst weekly loss since October.\nBitcoin drops as China expands crypto m","content":"<ul>\n <li>Dow set to bounce after its worst weekly loss since October.</li>\n <li>Bitcoin drops as China expands crypto mining crackdown.</li>\n</ul>\n<p>(June 21) US equity futures and global stocks recovered some of their Friday losses after hitting a four-week low earlier in Monday's session, as investors dipped their toe and bought risk after last week’s surprise hawkish shift by the Fed even as the dollar hovered below a 10-week high. S&P 500 futures rebounded after spending most of the Asia session in the red, while Europe's Stoxx 600 Index also recovered from an earlier loss, with U.K. grocer Wm Morrison Supermarkets surging 32% after rejecting an unsolicited takeover bid, sending shares of peers Tesco Plc and J Sainsbury Plc higher.</p>\n<p>At 7:55AM ET the Dow futures contract was up just 185 points, or 0.55%, S&P 500 futures traded 17 points, or 0.41%, higher, and Nasdaq 100 futures climbed 46.5 points, or 0.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/a4ceef7ac430487cbff8fee43fc8f4d7\" tg-width=\"1242\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p><b>\"It just looks like a bit of relief rally following last week’s heavy sell-offs,</b>” said MUFG analyst Lee Hardman. “Market participants will be watching closely comments from Fed officials in the week ahead to see if any push back against hawkish market repricing following last week’s FOMC meeting”</p>\n<p>While meme stocks were once again bid, cryptocurrency-exposed stocks tumbled in U.S. premarket after Bitcoin crashed over the weekend and into Monday amid a fresh crackdown by China whose digital yuan is proving to be a total disaster so far, prompting Beijing to take out its anger on cryptocurrencies. Bitcoin dropped 10%, sliding below $33,000 amid weakening appetite for riskier assets and China ordered payment platform Alipay and domestic banks to not provide services linked to trading of virtual currencies. The Chinese city of Ya’an was said to have started a crackdown on crypto mining firms.</p>\n<p>As a result, Cryptocurrency-exposed stocks slumped: Riot Blockchain (RIOT) plunged 6.5% in premarket trading and Marathon Digital (MARA) drops 7%, while Coinbase (COIN) slips 2.3% and Ebang (EBON) declines 4.4%. Here are some other notable pre-movers today:</p>\n<ul>\n <li>Luokung Technology (LKCO) climbs nearly 14% after announcing its eMapgo Technologies unit won a contract to provide a traffic control network in China’s Jiangxi Province.</li>\n <li><img src=\"https://static.tigerbbs.com/2487421aafcc3f130d1d3ead0fbf9319\" tg-width=\"719\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></li>\n <li>Raven Industries surges 48% after the Agnelli family’s CNH Industrial agreed to buy the U.S. precision agriculture-technology company for about $2.1 billion.</li>\n <li>Torchlight Energy Resources (TRCH) jumped as much as 63% after the stock was touted on Reddit as a potential short squeeze. Other meme stocks also climbed: AMC Entertainment (AMC) advances 3.4% and GameStop (GME) gains 1.8%, while Clover Health (CLOV) rises 1%.</li>\n <li></li>\n</ul>\n<p><b>Stocks making the biggest moves in the premarket: MicroStrategy, Coinbase, Raven Industries & more</b></p>\n<p><b>1) MicroStrategy(MSTR)</b> – MicroStrategy shares tumbled 8.7% in premarket trading amid a slide in bitcoin prices following the expansion ofChina’s crackdown on bitcoin mining. The business analytics company is among the biggest corporate investors in bitcoin, with several billion dollars in holdings on its books.</p>\n<p><b>2) Coinbase(COIN)</b> – The cryptocurrency platform’s stock slid 3% in premarket action, also hit by the drop in cryptocurrencies amid the latest actions by the Chinese government.</p>\n<p><b>3) Raven Industries(RAVN)</b> – Raven agreed to be bought by fellow agricultural equipment makerCNH Industrial(CNHI) for $58 per share, or $2.1 billion, compared to Raven’s Friday close of $38.62 per share. The stock soared 49.7% in premarket trading.</p>\n<p><b>4) ZipRecruiter(ZIP) </b>– The jobs website operator’s shares rose 2.8% in the premarket after Goldman Sachs rated it “buy” in new coverage and Evercore began coverage with a rating of “outperform.” The upbeat assessments cite ZipRecruiter’s growth prospects and ability to disrupt the employment market.</p>\n<p><b>5) HSBC(HSBC)</b> – HSBC sold its French retail bank to private-equity firm Cerberus Capital for 1 euro, and expects to book a $3 billion loss after unloading the unprofitable operation.</p>\n<p><b>6) Pershing Square Tontine Holdings(PSTH) </b>– The SPAC controlled by billionaire investor Bill Ackmanfinalized a dealto buy a 10% stake in Universal Music from Vivendi. The deal values Universal Music – the world’s largest music company – at about $40 billion. Shares gained 1.1% in the premarket.</p>\n<p><b>7) GlaxoSmithKline(GSK) </b>– Glaxo is set to cut its dividend, according to a report in the U.K.’s Daily Mail newspaper. The drugmaker will hold an investor event on Wednesday, and the paper said a cut of as much as 50% will be revealed at that meeting.</p>\n<p><b>8) Tesla(TSLA)</b> – Former Tesla executive Jerome Guillen sold about $274 million in Tesla shares since June 10, according to a Securities and Exchange Commission filing. Guillen left Tesla earlier this month after 11 years, most recently running the company’s Tesla Heavy Trucking unit.</p>\n<p><b>9) American Airlines(AAL)</b> – American Airlineswill cut planned flights for the first half of Julyby about 950 flights, or 1%, to relieve strains on its operations as it deals with the sharp rebound in travel demand.</p>\n<p><b>10) Westlake Chemical(WLK)</b> – Westlake will buy the North American building products business of Australia’s Boral for $2.15 billion. Westlake said the acquisition will boost its presence in products like roofing and siding, and that it will be accretive to earnings during the first year.</p>\n<p><b>11) Amazon.com(AMZN) </b>– Amazon’stwo-day Prime Day eventis underway, the first time the event has been held in June. A number of other major retailers – includingWalmart(WMT),Target(TGT),Kohl’s(KSS),Macy’s(M) andCostco(COST) are holding competing sales events this week.</p>\n<p><b>12) Boston Beer(SAM)</b> – Guggenheim repeated its “buy” recommendation on the Sam Adams beer brewer, and elevated it to “top pick” status. Guggenheim notes a depressed valuation, easier retail comps beginning in June and underappreciated growth prospects for the Truly hard seltzer brand.</p>\n<p><b>Big News</b></p>\n<p><b>1、Prime Day begins as retail faces supply chain disruptions</b></p>\n<p>Amazon’s Prime Daykicked off Mondayafter the e-commerce giant delayed its massive summer sale to October last year due to the pandemic. Prime Day 2020 pulled in $10.4 billion, according to Digital Commerce 360, a 45% increase from the prior year’s two-day event. This year’s Prime Day comes as retail industry grapples with widespread global supply chain disruptions, caused in part by the ripple effects of pandemic-mandated factory closures as well as labor shortages. A recent Covid outbreak in the southern Chinese province of Guangdong has compounded the problem.</p>\n<p><b>2、American Airlines cancels another hundred flights Monday</b></p>\n<p>As travel demand surges toward pre-pandemic levels,American Airlinescanceled another hundred flights Monday afterscrapping hundreds over the weekenddue to staffing shortages, maintenance and other issues. American said it’s trimming its overall schedule by about 1% through mid-July to help ease some of the strain on its operations. The carrier blamed some of the recent problems on scheduling complications stemming from bad weather at its Charlotte and Dallas/Fort Worth hubs during the first half of June. American is also racing to train all of the pilots it furloughed in between two federal aid packages that prohibited layoffs as well as aviators due for periodic recurrent training.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-21 19:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Dow set to bounce after its worst weekly loss since October.</li>\n <li>Bitcoin drops as China expands crypto mining crackdown.</li>\n</ul>\n<p>(June 21) US equity futures and global stocks recovered some of their Friday losses after hitting a four-week low earlier in Monday's session, as investors dipped their toe and bought risk after last week’s surprise hawkish shift by the Fed even as the dollar hovered below a 10-week high. S&P 500 futures rebounded after spending most of the Asia session in the red, while Europe's Stoxx 600 Index also recovered from an earlier loss, with U.K. grocer Wm Morrison Supermarkets surging 32% after rejecting an unsolicited takeover bid, sending shares of peers Tesco Plc and J Sainsbury Plc higher.</p>\n<p>At 7:55AM ET the Dow futures contract was up just 185 points, or 0.55%, S&P 500 futures traded 17 points, or 0.41%, higher, and Nasdaq 100 futures climbed 46.5 points, or 0.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/a4ceef7ac430487cbff8fee43fc8f4d7\" tg-width=\"1242\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p><b>\"It just looks like a bit of relief rally following last week’s heavy sell-offs,</b>” said MUFG analyst Lee Hardman. “Market participants will be watching closely comments from Fed officials in the week ahead to see if any push back against hawkish market repricing following last week’s FOMC meeting”</p>\n<p>While meme stocks were once again bid, cryptocurrency-exposed stocks tumbled in U.S. premarket after Bitcoin crashed over the weekend and into Monday amid a fresh crackdown by China whose digital yuan is proving to be a total disaster so far, prompting Beijing to take out its anger on cryptocurrencies. Bitcoin dropped 10%, sliding below $33,000 amid weakening appetite for riskier assets and China ordered payment platform Alipay and domestic banks to not provide services linked to trading of virtual currencies. The Chinese city of Ya’an was said to have started a crackdown on crypto mining firms.</p>\n<p>As a result, Cryptocurrency-exposed stocks slumped: Riot Blockchain (RIOT) plunged 6.5% in premarket trading and Marathon Digital (MARA) drops 7%, while Coinbase (COIN) slips 2.3% and Ebang (EBON) declines 4.4%. Here are some other notable pre-movers today:</p>\n<ul>\n <li>Luokung Technology (LKCO) climbs nearly 14% after announcing its eMapgo Technologies unit won a contract to provide a traffic control network in China’s Jiangxi Province.</li>\n <li><img src=\"https://static.tigerbbs.com/2487421aafcc3f130d1d3ead0fbf9319\" tg-width=\"719\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></li>\n <li>Raven Industries surges 48% after the Agnelli family’s CNH Industrial agreed to buy the U.S. precision agriculture-technology company for about $2.1 billion.</li>\n <li>Torchlight Energy Resources (TRCH) jumped as much as 63% after the stock was touted on Reddit as a potential short squeeze. Other meme stocks also climbed: AMC Entertainment (AMC) advances 3.4% and GameStop (GME) gains 1.8%, while Clover Health (CLOV) rises 1%.</li>\n <li></li>\n</ul>\n<p><b>Stocks making the biggest moves in the premarket: MicroStrategy, Coinbase, Raven Industries & more</b></p>\n<p><b>1) MicroStrategy(MSTR)</b> – MicroStrategy shares tumbled 8.7% in premarket trading amid a slide in bitcoin prices following the expansion ofChina’s crackdown on bitcoin mining. The business analytics company is among the biggest corporate investors in bitcoin, with several billion dollars in holdings on its books.</p>\n<p><b>2) Coinbase(COIN)</b> – The cryptocurrency platform’s stock slid 3% in premarket action, also hit by the drop in cryptocurrencies amid the latest actions by the Chinese government.</p>\n<p><b>3) Raven Industries(RAVN)</b> – Raven agreed to be bought by fellow agricultural equipment makerCNH Industrial(CNHI) for $58 per share, or $2.1 billion, compared to Raven’s Friday close of $38.62 per share. The stock soared 49.7% in premarket trading.</p>\n<p><b>4) ZipRecruiter(ZIP) </b>– The jobs website operator’s shares rose 2.8% in the premarket after Goldman Sachs rated it “buy” in new coverage and Evercore began coverage with a rating of “outperform.” The upbeat assessments cite ZipRecruiter’s growth prospects and ability to disrupt the employment market.</p>\n<p><b>5) HSBC(HSBC)</b> – HSBC sold its French retail bank to private-equity firm Cerberus Capital for 1 euro, and expects to book a $3 billion loss after unloading the unprofitable operation.</p>\n<p><b>6) Pershing Square Tontine Holdings(PSTH) </b>– The SPAC controlled by billionaire investor Bill Ackmanfinalized a dealto buy a 10% stake in Universal Music from Vivendi. The deal values Universal Music – the world’s largest music company – at about $40 billion. Shares gained 1.1% in the premarket.</p>\n<p><b>7) GlaxoSmithKline(GSK) </b>– Glaxo is set to cut its dividend, according to a report in the U.K.’s Daily Mail newspaper. The drugmaker will hold an investor event on Wednesday, and the paper said a cut of as much as 50% will be revealed at that meeting.</p>\n<p><b>8) Tesla(TSLA)</b> – Former Tesla executive Jerome Guillen sold about $274 million in Tesla shares since June 10, according to a Securities and Exchange Commission filing. Guillen left Tesla earlier this month after 11 years, most recently running the company’s Tesla Heavy Trucking unit.</p>\n<p><b>9) American Airlines(AAL)</b> – American Airlineswill cut planned flights for the first half of Julyby about 950 flights, or 1%, to relieve strains on its operations as it deals with the sharp rebound in travel demand.</p>\n<p><b>10) Westlake Chemical(WLK)</b> – Westlake will buy the North American building products business of Australia’s Boral for $2.15 billion. Westlake said the acquisition will boost its presence in products like roofing and siding, and that it will be accretive to earnings during the first year.</p>\n<p><b>11) Amazon.com(AMZN) </b>– Amazon’stwo-day Prime Day eventis underway, the first time the event has been held in June. A number of other major retailers – includingWalmart(WMT),Target(TGT),Kohl’s(KSS),Macy’s(M) andCostco(COST) are holding competing sales events this week.</p>\n<p><b>12) Boston Beer(SAM)</b> – Guggenheim repeated its “buy” recommendation on the Sam Adams beer brewer, and elevated it to “top pick” status. Guggenheim notes a depressed valuation, easier retail comps beginning in June and underappreciated growth prospects for the Truly hard seltzer brand.</p>\n<p><b>Big News</b></p>\n<p><b>1、Prime Day begins as retail faces supply chain disruptions</b></p>\n<p>Amazon’s Prime Daykicked off Mondayafter the e-commerce giant delayed its massive summer sale to October last year due to the pandemic. Prime Day 2020 pulled in $10.4 billion, according to Digital Commerce 360, a 45% increase from the prior year’s two-day event. This year’s Prime Day comes as retail industry grapples with widespread global supply chain disruptions, caused in part by the ripple effects of pandemic-mandated factory closures as well as labor shortages. A recent Covid outbreak in the southern Chinese province of Guangdong has compounded the problem.</p>\n<p><b>2、American Airlines cancels another hundred flights Monday</b></p>\n<p>As travel demand surges toward pre-pandemic levels,American Airlinescanceled another hundred flights Monday afterscrapping hundreds over the weekenddue to staffing shortages, maintenance and other issues. American said it’s trimming its overall schedule by about 1% through mid-July to help ease some of the strain on its operations. The carrier blamed some of the recent problems on scheduling complications stemming from bad weather at its Charlotte and Dallas/Fort Worth hubs during the first half of June. American is also racing to train all of the pilots it furloughed in between two federal aid packages that prohibited layoffs as well as aviators due for periodic recurrent training.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164918098","content_text":"Dow set to bounce after its worst weekly loss since October.\nBitcoin drops as China expands crypto mining crackdown.\n\n(June 21) US equity futures and global stocks recovered some of their Friday losses after hitting a four-week low earlier in Monday's session, as investors dipped their toe and bought risk after last week’s surprise hawkish shift by the Fed even as the dollar hovered below a 10-week high. S&P 500 futures rebounded after spending most of the Asia session in the red, while Europe's Stoxx 600 Index also recovered from an earlier loss, with U.K. grocer Wm Morrison Supermarkets surging 32% after rejecting an unsolicited takeover bid, sending shares of peers Tesco Plc and J Sainsbury Plc higher.\nAt 7:55AM ET the Dow futures contract was up just 185 points, or 0.55%, S&P 500 futures traded 17 points, or 0.41%, higher, and Nasdaq 100 futures climbed 46.5 points, or 0.33%.\n\n\"It just looks like a bit of relief rally following last week’s heavy sell-offs,” said MUFG analyst Lee Hardman. “Market participants will be watching closely comments from Fed officials in the week ahead to see if any push back against hawkish market repricing following last week’s FOMC meeting”\nWhile meme stocks were once again bid, cryptocurrency-exposed stocks tumbled in U.S. premarket after Bitcoin crashed over the weekend and into Monday amid a fresh crackdown by China whose digital yuan is proving to be a total disaster so far, prompting Beijing to take out its anger on cryptocurrencies. Bitcoin dropped 10%, sliding below $33,000 amid weakening appetite for riskier assets and China ordered payment platform Alipay and domestic banks to not provide services linked to trading of virtual currencies. The Chinese city of Ya’an was said to have started a crackdown on crypto mining firms.\nAs a result, Cryptocurrency-exposed stocks slumped: Riot Blockchain (RIOT) plunged 6.5% in premarket trading and Marathon Digital (MARA) drops 7%, while Coinbase (COIN) slips 2.3% and Ebang (EBON) declines 4.4%. Here are some other notable pre-movers today:\n\nLuokung Technology (LKCO) climbs nearly 14% after announcing its eMapgo Technologies unit won a contract to provide a traffic control network in China’s Jiangxi Province.\n\nRaven Industries surges 48% after the Agnelli family’s CNH Industrial agreed to buy the U.S. precision agriculture-technology company for about $2.1 billion.\nTorchlight Energy Resources (TRCH) jumped as much as 63% after the stock was touted on Reddit as a potential short squeeze. Other meme stocks also climbed: AMC Entertainment (AMC) advances 3.4% and GameStop (GME) gains 1.8%, while Clover Health (CLOV) rises 1%.\n\n\nStocks making the biggest moves in the premarket: MicroStrategy, Coinbase, Raven Industries & more\n1) MicroStrategy(MSTR) – MicroStrategy shares tumbled 8.7% in premarket trading amid a slide in bitcoin prices following the expansion ofChina’s crackdown on bitcoin mining. The business analytics company is among the biggest corporate investors in bitcoin, with several billion dollars in holdings on its books.\n2) Coinbase(COIN) – The cryptocurrency platform’s stock slid 3% in premarket action, also hit by the drop in cryptocurrencies amid the latest actions by the Chinese government.\n3) Raven Industries(RAVN) – Raven agreed to be bought by fellow agricultural equipment makerCNH Industrial(CNHI) for $58 per share, or $2.1 billion, compared to Raven’s Friday close of $38.62 per share. The stock soared 49.7% in premarket trading.\n4) ZipRecruiter(ZIP) – The jobs website operator’s shares rose 2.8% in the premarket after Goldman Sachs rated it “buy” in new coverage and Evercore began coverage with a rating of “outperform.” The upbeat assessments cite ZipRecruiter’s growth prospects and ability to disrupt the employment market.\n5) HSBC(HSBC) – HSBC sold its French retail bank to private-equity firm Cerberus Capital for 1 euro, and expects to book a $3 billion loss after unloading the unprofitable operation.\n6) Pershing Square Tontine Holdings(PSTH) – The SPAC controlled by billionaire investor Bill Ackmanfinalized a dealto buy a 10% stake in Universal Music from Vivendi. The deal values Universal Music – the world’s largest music company – at about $40 billion. Shares gained 1.1% in the premarket.\n7) GlaxoSmithKline(GSK) – Glaxo is set to cut its dividend, according to a report in the U.K.’s Daily Mail newspaper. The drugmaker will hold an investor event on Wednesday, and the paper said a cut of as much as 50% will be revealed at that meeting.\n8) Tesla(TSLA) – Former Tesla executive Jerome Guillen sold about $274 million in Tesla shares since June 10, according to a Securities and Exchange Commission filing. Guillen left Tesla earlier this month after 11 years, most recently running the company’s Tesla Heavy Trucking unit.\n9) American Airlines(AAL) – American Airlineswill cut planned flights for the first half of Julyby about 950 flights, or 1%, to relieve strains on its operations as it deals with the sharp rebound in travel demand.\n10) Westlake Chemical(WLK) – Westlake will buy the North American building products business of Australia’s Boral for $2.15 billion. Westlake said the acquisition will boost its presence in products like roofing and siding, and that it will be accretive to earnings during the first year.\n11) Amazon.com(AMZN) – Amazon’stwo-day Prime Day eventis underway, the first time the event has been held in June. A number of other major retailers – includingWalmart(WMT),Target(TGT),Kohl’s(KSS),Macy’s(M) andCostco(COST) are holding competing sales events this week.\n12) Boston Beer(SAM) – Guggenheim repeated its “buy” recommendation on the Sam Adams beer brewer, and elevated it to “top pick” status. Guggenheim notes a depressed valuation, easier retail comps beginning in June and underappreciated growth prospects for the Truly hard seltzer brand.\nBig News\n1、Prime Day begins as retail faces supply chain disruptions\nAmazon’s Prime Daykicked off Mondayafter the e-commerce giant delayed its massive summer sale to October last year due to the pandemic. Prime Day 2020 pulled in $10.4 billion, according to Digital Commerce 360, a 45% increase from the prior year’s two-day event. This year’s Prime Day comes as retail industry grapples with widespread global supply chain disruptions, caused in part by the ripple effects of pandemic-mandated factory closures as well as labor shortages. A recent Covid outbreak in the southern Chinese province of Guangdong has compounded the problem.\n2、American Airlines cancels another hundred flights Monday\nAs travel demand surges toward pre-pandemic levels,American Airlinescanceled another hundred flights Monday afterscrapping hundreds over the weekenddue to staffing shortages, maintenance and other issues. American said it’s trimming its overall schedule by about 1% through mid-July to help ease some of the strain on its operations. The carrier blamed some of the recent problems on scheduling complications stemming from bad weather at its Charlotte and Dallas/Fort Worth hubs during the first half of June. American is also racing to train all of the pilots it furloughed in between two federal aid packages that prohibited layoffs as well as aviators due for periodic recurrent training.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165082781,"gmtCreate":1624081281743,"gmtModify":1634010905648,"author":{"id":"3585895733058794","authorId":"3585895733058794","name":"RP_08","avatar":"https://static.tigerbbs.com/71ea548dab4b31bd7157dc5b677644f1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585895733058794","authorIdStr":"3585895733058794"},"themes":[],"htmlText":"😊😊😊","listText":"😊😊😊","text":"😊😊😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/165082781","repostId":"1161408410","repostType":4,"repost":{"id":"1161408410","kind":"news","pubTimestamp":1624065771,"share":"https://ttm.financial/m/news/1161408410?lang=&edition=full","pubTime":"2021-06-19 09:22","market":"us","language":"en","title":"Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie","url":"https://stock-news.laohu8.com/highlight/detail?id=1161408410","media":"benzinga","summary":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers,","content":"<p><i>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.</i></p>\n<p>If you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain. They were impossible to miss: More than 7,500 spots featuring a frenetic, motor-mouthed spokesperson bombilating frenetically about the “in-saaaaaaaaane” discounts offered by the store.</p>\n<p>Crazy Eddie was never the biggest retail operation in the region. At its peak, there were only 43 locations spread across four states.</p>\n<p>But the ubiquity of the commercials made it seem more prominent than it actually was, and the excess attention eventually brought harsh spotlights on the financial chicanery perpetrated by its chief executive,<b>Eddie Antar.</b></p>\n<p><b>An Audacious Start:</b>Eddie Antar was born in Brooklyn, New York, on Dec. 18, 1947, the grandson of Syrian Jewish immigrants. Antar was an intelligent youth but found school boring, dropping out at 16 to work odd jobs before setting up a small stand at New York’s Port Authority in the heart of Manhattan where he sold portable televisions. While Antar belatedly realized he had the wrong product line in the wrong location, he used the experience to sharpen his sales skills.</p>\n<p>By 1969, Antar saved up enough money to go into business with his father Sam and cousin named Ronnie Gindi, creating a retail operation called ERS Electronics. They opened an electronics store in the Kings Highway business shopping district in Brooklyn called Sights and Sounds.</p>\n<p>At the time, small and independently-owned electronics retailers operated at a significant disadvantage against major chains due to the fair trade laws of the era that enabled manufacturers to establish a single standard retail price all retailers needed to list. To stand out from the competition, Antar challenged the laws by marking down his merchandise, thus offering a discount absent elsewhere in this retail sector.</p>\n<p>Some manufacturers got wise to this and refused to do business with Antar, but he circumvented their boycott by purchasing excess stock from other businesses and obtaining products through grey-market channels from overseas sources.</p>\n<p>The stress was great and Gindi eventually lost interest in the enterprise, selling his one-third of the business to Antar.</p>\n<p>But how could the store remain afloat financially through its seemingly reckless discounting? As Antar’s father Sam would later recall in an interview, the lo-fi nature of old-school retailing work enabled them to put their ethics on hold.</p>\n<p>“Back then, most customers paid in cash,” he said. “If we don’t disclose the sale, we keep the sales tax. That’s a good cushion to be able to afford to beat the competition.”</p>\n<p>Sights and Sounds began to attract bargain hunters from outside of Brooklyn and Antar turned into something of a one-man, in-store comedy show, going so far as taking the shoes of cash-strapped customers who wanted to buy stereos for deposits and jokingly preventing shoppers from leaving unless they made a purchase.</p>\n<p>Antar’s shtick was so amusing that his first wife Deborah came home one evening in 1971 with a story about how one of her co-workers was talking about his shopping trip to Sights and Sounds.</p>\n<p>The co-worker, who was unaware of Deborah’s connection to the store, talked happily about dealing with a salesperson that he dubbed “Crazy Eddie.” At that point, Antar decided to change the name of Sights and Sounds to Crazy Eddie.</p>\n<p><b>An Advertising Assault:</b>The fair trade law that initially stifled Antar and other smaller businesses was repealed in 1972. Antar’s aggressive discounting and colorful personality enabled him to prepare for a business expansion — he moved to a larger store on Kings Highway, then opened a location in the Long Island town of Syosset in 1973 and in the heart of Manhattan in 1975.</p>\n<p>Antar recognized how his larger competitors used advertising to their advantage, and in 1972 he began marketing his business over the airwaves via WPIX-FM, a popular music station that mixed rock oldies with current Top 40 hits. Antar created an ad copy script that would be read live on the air by Jerry Carroll, one of the station’s disk jockeys. But Carroll decided to improvise, reading the copy in a mock-frenzied manner and creating a new closing line with “Crazy Eddie — his prices are in-saaaaaaaaane.”</p>\n<p>Rather than be upset by the deviation to the script, Antar was ecstatic with Carroll’s flippant approach as his delivery stood out wildly from the other advertising running on the station. Antar contracted Carroll to be his on-air pitchman for radio, and in 1975 Carroll was brought in front of the cameras for a television campaign.</p>\n<p>It was through the television commercials Crazy Eddie became the center of consumer attention. For the next 10 years, the commercials offered endless variations on the same set-up: Carroll wore the same outfit — a dark blazer and a turtleneck sweater — and stood surrounded by displays of the electronics being peddled.</p>\n<p>Each commercial ran about 30 seconds, but Carroll spoke so rapidly that it seemed he was trying to cover 60 seconds of a script in half of his allotted time.</p>\n<p>Carroll’s physical delivery was comically spastic, with flailing arms, bulging eyes and the most manic smile this side of the Joker.</p>\n<p>He would inevitably challenge shoppers to “shop around, get the best prices you can find, then bring ’em to Crazy Eddie and he’ll beat ’em.” And each commercial ended with Carroll stretching his arms out while proclaiming, “Crazy Eddie — his prices are in-saaaaaaaaane.”</p>\n<p>There would be a few variations to the presentation, including a Christmas season ad campaign and a “Christmas in August” summertime effort with Carroll dressed in a Santa suit while being pelted with Styrofoam snowballs and papery snowflakes.</p>\n<p>A couple of movie spoof spots put Carroll in parodies of “Casablanca,” “Saturday Night Fever,” “Superman” and “10,” and one ad had a man in a gorilla suit grunting dialogue while subtitles offered simian-to-English translations.</p>\n<p><b>Not So Funny:</b>After the commercials came on in full force, Crazy Eddie generated $350 million in annual revenue during its prime years.</p>\n<p>But as Crazy Eddie grew, Antar’s approach to business became more problematic: cash payments were not recorded, the sales tax was pocketed and employees received off-the-books pay rather than paychecks that clearly deducted federal and state taxes.</p>\n<p>Antar helped finance his cousin Sam Antar’s college education and brought him on as a chief financial officer, but Sam would later recall this was not done out of love of family.</p>\n<p>“The whole purpose of the business was to commit premeditated fraud,” Sam recounted in an interview with MentalFloss.com. “My family put me through college to help them commit more sophisticated fraud in the future. I was trained to be a criminal.</p>\n<p>\"People have a certain idea of Crazy Eddie — in reality, it was a dark criminal enterprise.”</p>\n<p>Antar initially kept his ill-gotten gains hidden within his home, but later began sending the money far into the world. Offshore bank accounts in Canada, Gibraltar, Israel, Liberia, Luxembourg, Panama and Switzerland were set up, and by the early 1980s, Antar and his family were skimming upwards of $4 million annually in unreported income and unpaid taxes.</p>\n<p>Eventually, the graft became too big to easily hide. The solution, Antar theorized, was not to hide but to be in the greatest spotlight imaginable: Antar decided to take Crazy Eddie public.</p>\n<p><b>Hello, Wall Street:</b>Crazy Eddie conducted its initial public offering on Sept. 13, 1984, taking the NASDAQ symbol CRZY. The popularity of the television commercials helped bring in the initial wave of investor interest, while gourmet-level cooked books gave the phony impression of a well-run retail operation.</p>\n<p>Two years after first trading at $8 a share, Crazy Eddie stock was at a split-adjusted $75 per share.</p>\n<p>Why Antar believed he could continue with his shenanigans amid the added scrutiny given to public companies is a mystery, but by 1987 he found himself in lethal shoals.</p>\n<p>The increased retail competition saw Crazy Eddie’s sales decline, resulting in a tumbling stock price.</p>\n<p>Antar announced his resignation in December 1986, but four months later he shocked shareholders by revealing he never stepped down — and while still at the helm, he sold off his shares in the company, gaining about $30 million in the transaction.</p>\n<p>The company had begun planning to go private when an outside investor group successfully agitated to take over what they believed to be a struggling but respectable company. But when their auditors came in, they were flabbergasted to find grossly exaggerated inventories of up to $28 million, $20 million in phony debit memos to vendors and sales reports that were closer to fiction than accountancy.</p>\n<p>The chain went bankrupt in 1989 and was forced to shut down its retail network. Federal and state investigations overwhelmed what remained of the Crazy Eddie and Antar was hit with an endless flurry of lawsuits.</p>\n<p>\"By any measure, this is a staggering securities fraud,\" said<b>Michael Chertoff</b>, the U.S. Attorney for New Jersey, who accused the Antars of creating \"a giant bubble\" rather than a successful business.</p>\n<p>By 1990, Antar disappeared after failing to appear at a court hearing. He obtained a phony U.S. passport issued to “Harry Page Shalom” and left the country. After a two-year global search, he was located in 1992 in a Tel Aviv suburb living under the name Alexander Stewart.</p>\n<p>Antar was brought back to the U.S. to find his cousin Sam Antar had taken a plea deal with federal prosecutors and agreed to testify against him in court.</p>\n<p>“There’s no better motivator than a 20-year prison term,” Sam Antar stated. “I didn’t cooperate because I found God. I cooperated to save my ass.”</p>\n<p>In July 2013, Antar was found guilty of 17 counts of fraud and sentenced to 12½ years in prison. Two years later, his verdicts were overturned on appeal.</p>\n<p>Rather than face the stress of another trial, Antar pleaded guilty to federal fraud charges in May 1996 and was sentenced in 1997 to eight years in prison.</p>\n<p><b>The Legend Lives On:</b>Antar was released after four years in prison and federal law enforcement officials managed to find more than $120 million from his offshore bank accounts, which was repaid to investors.</p>\n<p>Several attempts occurred over the subsequent years to revive the Crazy Eddie brand, first as a brick-and-mortar retailer and then as an e-commerce venture, but all of these efforts failed.</p>\n<p>In June 2019,<b>Jon Turteltaub</b>, the director of the “National Treasure” film franchise, announced plans to make a biopic about Antar. But that project has yet to come to life.</p>\n<p>Many of the Crazy Eddie commercials can be found on YouTube, and marketing experts consider them to be among the most imaginative and successful examples of television advertising.</p>\n<p>Antar stayed out of the public light after leaving prison and died of complications from liver cancer on Sept. 10, 2016. He never publicly spoke about his past, although in a brief late-life exchange with a Newark Star-Ledger reporter he acknowledged the unique impact he had on retailing.</p>\n<p>“Everybody knows Crazy Eddie,” he said. “What can I tell you? I changed the business. I changed the whole business.”</p>","source":"lsy1606299360108","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>Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:22 GMT+8 <a href=https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161408410","content_text":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain. They were impossible to miss: More than 7,500 spots featuring a frenetic, motor-mouthed spokesperson bombilating frenetically about the “in-saaaaaaaaane” discounts offered by the store.\nCrazy Eddie was never the biggest retail operation in the region. At its peak, there were only 43 locations spread across four states.\nBut the ubiquity of the commercials made it seem more prominent than it actually was, and the excess attention eventually brought harsh spotlights on the financial chicanery perpetrated by its chief executive,Eddie Antar.\nAn Audacious Start:Eddie Antar was born in Brooklyn, New York, on Dec. 18, 1947, the grandson of Syrian Jewish immigrants. Antar was an intelligent youth but found school boring, dropping out at 16 to work odd jobs before setting up a small stand at New York’s Port Authority in the heart of Manhattan where he sold portable televisions. While Antar belatedly realized he had the wrong product line in the wrong location, he used the experience to sharpen his sales skills.\nBy 1969, Antar saved up enough money to go into business with his father Sam and cousin named Ronnie Gindi, creating a retail operation called ERS Electronics. They opened an electronics store in the Kings Highway business shopping district in Brooklyn called Sights and Sounds.\nAt the time, small and independently-owned electronics retailers operated at a significant disadvantage against major chains due to the fair trade laws of the era that enabled manufacturers to establish a single standard retail price all retailers needed to list. To stand out from the competition, Antar challenged the laws by marking down his merchandise, thus offering a discount absent elsewhere in this retail sector.\nSome manufacturers got wise to this and refused to do business with Antar, but he circumvented their boycott by purchasing excess stock from other businesses and obtaining products through grey-market channels from overseas sources.\nThe stress was great and Gindi eventually lost interest in the enterprise, selling his one-third of the business to Antar.\nBut how could the store remain afloat financially through its seemingly reckless discounting? As Antar’s father Sam would later recall in an interview, the lo-fi nature of old-school retailing work enabled them to put their ethics on hold.\n“Back then, most customers paid in cash,” he said. “If we don’t disclose the sale, we keep the sales tax. That’s a good cushion to be able to afford to beat the competition.”\nSights and Sounds began to attract bargain hunters from outside of Brooklyn and Antar turned into something of a one-man, in-store comedy show, going so far as taking the shoes of cash-strapped customers who wanted to buy stereos for deposits and jokingly preventing shoppers from leaving unless they made a purchase.\nAntar’s shtick was so amusing that his first wife Deborah came home one evening in 1971 with a story about how one of her co-workers was talking about his shopping trip to Sights and Sounds.\nThe co-worker, who was unaware of Deborah’s connection to the store, talked happily about dealing with a salesperson that he dubbed “Crazy Eddie.” At that point, Antar decided to change the name of Sights and Sounds to Crazy Eddie.\nAn Advertising Assault:The fair trade law that initially stifled Antar and other smaller businesses was repealed in 1972. Antar’s aggressive discounting and colorful personality enabled him to prepare for a business expansion — he moved to a larger store on Kings Highway, then opened a location in the Long Island town of Syosset in 1973 and in the heart of Manhattan in 1975.\nAntar recognized how his larger competitors used advertising to their advantage, and in 1972 he began marketing his business over the airwaves via WPIX-FM, a popular music station that mixed rock oldies with current Top 40 hits. Antar created an ad copy script that would be read live on the air by Jerry Carroll, one of the station’s disk jockeys. But Carroll decided to improvise, reading the copy in a mock-frenzied manner and creating a new closing line with “Crazy Eddie — his prices are in-saaaaaaaaane.”\nRather than be upset by the deviation to the script, Antar was ecstatic with Carroll’s flippant approach as his delivery stood out wildly from the other advertising running on the station. Antar contracted Carroll to be his on-air pitchman for radio, and in 1975 Carroll was brought in front of the cameras for a television campaign.\nIt was through the television commercials Crazy Eddie became the center of consumer attention. For the next 10 years, the commercials offered endless variations on the same set-up: Carroll wore the same outfit — a dark blazer and a turtleneck sweater — and stood surrounded by displays of the electronics being peddled.\nEach commercial ran about 30 seconds, but Carroll spoke so rapidly that it seemed he was trying to cover 60 seconds of a script in half of his allotted time.\nCarroll’s physical delivery was comically spastic, with flailing arms, bulging eyes and the most manic smile this side of the Joker.\nHe would inevitably challenge shoppers to “shop around, get the best prices you can find, then bring ’em to Crazy Eddie and he’ll beat ’em.” And each commercial ended with Carroll stretching his arms out while proclaiming, “Crazy Eddie — his prices are in-saaaaaaaaane.”\nThere would be a few variations to the presentation, including a Christmas season ad campaign and a “Christmas in August” summertime effort with Carroll dressed in a Santa suit while being pelted with Styrofoam snowballs and papery snowflakes.\nA couple of movie spoof spots put Carroll in parodies of “Casablanca,” “Saturday Night Fever,” “Superman” and “10,” and one ad had a man in a gorilla suit grunting dialogue while subtitles offered simian-to-English translations.\nNot So Funny:After the commercials came on in full force, Crazy Eddie generated $350 million in annual revenue during its prime years.\nBut as Crazy Eddie grew, Antar’s approach to business became more problematic: cash payments were not recorded, the sales tax was pocketed and employees received off-the-books pay rather than paychecks that clearly deducted federal and state taxes.\nAntar helped finance his cousin Sam Antar’s college education and brought him on as a chief financial officer, but Sam would later recall this was not done out of love of family.\n“The whole purpose of the business was to commit premeditated fraud,” Sam recounted in an interview with MentalFloss.com. “My family put me through college to help them commit more sophisticated fraud in the future. I was trained to be a criminal.\n\"People have a certain idea of Crazy Eddie — in reality, it was a dark criminal enterprise.”\nAntar initially kept his ill-gotten gains hidden within his home, but later began sending the money far into the world. Offshore bank accounts in Canada, Gibraltar, Israel, Liberia, Luxembourg, Panama and Switzerland were set up, and by the early 1980s, Antar and his family were skimming upwards of $4 million annually in unreported income and unpaid taxes.\nEventually, the graft became too big to easily hide. The solution, Antar theorized, was not to hide but to be in the greatest spotlight imaginable: Antar decided to take Crazy Eddie public.\nHello, Wall Street:Crazy Eddie conducted its initial public offering on Sept. 13, 1984, taking the NASDAQ symbol CRZY. The popularity of the television commercials helped bring in the initial wave of investor interest, while gourmet-level cooked books gave the phony impression of a well-run retail operation.\nTwo years after first trading at $8 a share, Crazy Eddie stock was at a split-adjusted $75 per share.\nWhy Antar believed he could continue with his shenanigans amid the added scrutiny given to public companies is a mystery, but by 1987 he found himself in lethal shoals.\nThe increased retail competition saw Crazy Eddie’s sales decline, resulting in a tumbling stock price.\nAntar announced his resignation in December 1986, but four months later he shocked shareholders by revealing he never stepped down — and while still at the helm, he sold off his shares in the company, gaining about $30 million in the transaction.\nThe company had begun planning to go private when an outside investor group successfully agitated to take over what they believed to be a struggling but respectable company. But when their auditors came in, they were flabbergasted to find grossly exaggerated inventories of up to $28 million, $20 million in phony debit memos to vendors and sales reports that were closer to fiction than accountancy.\nThe chain went bankrupt in 1989 and was forced to shut down its retail network. Federal and state investigations overwhelmed what remained of the Crazy Eddie and Antar was hit with an endless flurry of lawsuits.\n\"By any measure, this is a staggering securities fraud,\" saidMichael Chertoff, the U.S. Attorney for New Jersey, who accused the Antars of creating \"a giant bubble\" rather than a successful business.\nBy 1990, Antar disappeared after failing to appear at a court hearing. He obtained a phony U.S. passport issued to “Harry Page Shalom” and left the country. After a two-year global search, he was located in 1992 in a Tel Aviv suburb living under the name Alexander Stewart.\nAntar was brought back to the U.S. to find his cousin Sam Antar had taken a plea deal with federal prosecutors and agreed to testify against him in court.\n“There’s no better motivator than a 20-year prison term,” Sam Antar stated. “I didn’t cooperate because I found God. I cooperated to save my ass.”\nIn July 2013, Antar was found guilty of 17 counts of fraud and sentenced to 12½ years in prison. Two years later, his verdicts were overturned on appeal.\nRather than face the stress of another trial, Antar pleaded guilty to federal fraud charges in May 1996 and was sentenced in 1997 to eight years in prison.\nThe Legend Lives On:Antar was released after four years in prison and federal law enforcement officials managed to find more than $120 million from his offshore bank accounts, which was repaid to investors.\nSeveral attempts occurred over the subsequent years to revive the Crazy Eddie brand, first as a brick-and-mortar retailer and then as an e-commerce venture, but all of these efforts failed.\nIn June 2019,Jon Turteltaub, the director of the “National Treasure” film franchise, announced plans to make a biopic about Antar. But that project has yet to come to life.\nMany of the Crazy Eddie commercials can be found on YouTube, and marketing experts consider them to be among the most imaginative and successful examples of television advertising.\nAntar stayed out of the public light after leaving prison and died of complications from liver cancer on Sept. 10, 2016. He never publicly spoke about his past, although in a brief late-life exchange with a Newark Star-Ledger reporter he acknowledged the unique impact he had on retailing.\n“Everybody knows Crazy Eddie,” he said. “What can I tell you? I changed the business. I changed the whole business.”","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}