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2021-08-10

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2021-08-03

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Uber, Lyft seen boosted by return of riders, but driver shortage, stubborn virus cloud outlook

2021-08-02

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Uber and Deliveroo to offer cheap cab rides and meals as incentives to get Covid jab

2021-08-02

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2021-08-02

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2021-06-29

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2021-06-28

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2021-06-27

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GameStop Joined the Russell 1000. The Move Might Hurt the Stock.

2021-06-26

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2021-06-25

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2021-06-24

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2021-06-22

[Drowsy]

ContextLogic stock fell in morning trading

2021-06-21

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Why Uber and Lyft prices are going up -- and how you can get around for less

2021-06-20

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Answering the great inflation question of our time

2021-06-18

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2021-06-13

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Meme Stock Soars 1,000% To Lead These Two Top Small Cap Stock Plays

Go to Tiger App to see more news

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Ride hailing companies Uber Technologies Inc and Lyft Inc promised Wall Street they woul","content":"<p>(Reuters) - Ride hailing companies Uber Technologies Inc and Lyft Inc promised Wall Street they would be back on the road to profitability and growth by the time they reported second-quarter results this week, thanks to cost-cutting done to survive the pandemic.</p>\n<p>Now, concerns over an ongoing driver shortage and the spreading Delta variant are clouding the outlook for making good on achieving profitable operations this year.</p>\n<p>The ride-hail companies' core businesses are closely tied to broader economic activity and provide insights into the comfort levels of Americans and Europeans in resuming pre-pandemic activities. Uber has been moving to expand into goods and meal delivery to reduce dependence on rides.</p>\n<p>During the second quarter, many countries reopened their economies, and analysts expect Uber and Lyft will report revenues rebounded.</p>\n<p>But a rapid spread of the more contagious Delta variant has prompted several health authorities to reimpose some restrictions. The U.S. Centers for Disease Control and Prevention sounded alarms on Friday with a report that the Delta variant is as contagious as chicken pox and can be passed on by people who are vaccinated.</p>\n<p>\"The continued uncertainty around the pandemic's trajectory will suppress both supply and demand for rideshare services until we see what the Delta variant's death toll really is,\" said Forrester analyst James McQuivey.</p>\n<p>The Delta variant complicates efforts by both companies to achieve profitability this year on a basis of adjusted earnings before interest, taxes, depreciation and amortization. The adjustments exclude <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time costs, including stock-based compensation.</p>\n<p>Lyft said it would achieve that target by the end of the third quarter, Uber by the end of this year.</p>\n<p>Lyft in May said it would take advantage of its leaner cost structure to make more money per ride as passengers return to the platform in greater numbers. Uber, also in May, said it would become profitable in the second half of 2021, requiring the company to quickly reduce losses.</p>\n<p><b>DRIVER SHORTAGES PERSIST</b></p>\n<p>During the second quarter, when it appeared the coronavirus threat was receding, Uber and Lyft were focused on luring drivers back with large pay incentives.</p>\n<p>Analysts at KeyBanc Capital Markets in a note said the incentives were proving effective at getting more drivers on the platforms, allowing the companies to start strategically dialing back the extra pay.</p>\n<p>KeyBanc said its proprietary data showed guaranteed fares per ride dropped 5.5% to $14.78 from June to mid-July.</p>\n<p>Public data from regulators in Chicago and New York City, two of the companies' largest markets, shows a continued growth in trips and vehicles in recent months.</p>\n<p>In New York City, the number of ride-hail vehicles has increased more than 20% from February to June, according to data from the city's Taxi and Limousine Commission. But total NYC vehicles in June are still more than 30% below their highest level in March 2019.</p>\n<p>Several analysts said they expect rider demand to continue to outpace driver supply in the coming months.</p>\n<p>\"Uber has had a bumpy ride through the pandemic but fresh signs that it's becoming a much smoother journey are expected in the upcoming numbers,\" said Susannah Streeter, an analyst at Hargreaves Lansdown.</p>\n<p>Lyft, which reports after the bell on Tuesday, is expected to post an adjusted second-quarter EBITDA loss of nearly $50 million on revenue of $697 million, according to Refinitiv data. Analysts on average expect Uber, which reports after market close on Wednesday, to post a $319 million adjusted EBITDA loss on revenue of $3.7 billion.</p>\n<p>Uber has also used the pandemic to double down on its delivery business, with Uber Eats restaurant orders offsetting ride-hail losses. The company is further expanding into the delivery space through its acquisition of alcohol delivery company Drizly and partnerships with U.S. grocery store giants Albertsons Companies Inc and Costco Wholesale Corp.</p>\n<p>\"This change in consumer behavior is likely going to continue after the pandemic, adding depth to Uber's business model,\" said Jake Sherman, analyst at investing.com.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uber, Lyft seen boosted by return of riders, but driver shortage, stubborn virus cloud outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUber, Lyft seen boosted by return of riders, but driver shortage, stubborn virus cloud outlook\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\">2021-08-03 08:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Reuters) - Ride hailing companies Uber Technologies Inc and Lyft Inc promised Wall Street they would be back on the road to profitability and growth by the time they reported second-quarter results this week, thanks to cost-cutting done to survive the pandemic.</p>\n<p>Now, concerns over an ongoing driver shortage and the spreading Delta variant are clouding the outlook for making good on achieving profitable operations this year.</p>\n<p>The ride-hail companies' core businesses are closely tied to broader economic activity and provide insights into the comfort levels of Americans and Europeans in resuming pre-pandemic activities. Uber has been moving to expand into goods and meal delivery to reduce dependence on rides.</p>\n<p>During the second quarter, many countries reopened their economies, and analysts expect Uber and Lyft will report revenues rebounded.</p>\n<p>But a rapid spread of the more contagious Delta variant has prompted several health authorities to reimpose some restrictions. The U.S. Centers for Disease Control and Prevention sounded alarms on Friday with a report that the Delta variant is as contagious as chicken pox and can be passed on by people who are vaccinated.</p>\n<p>\"The continued uncertainty around the pandemic's trajectory will suppress both supply and demand for rideshare services until we see what the Delta variant's death toll really is,\" said Forrester analyst James McQuivey.</p>\n<p>The Delta variant complicates efforts by both companies to achieve profitability this year on a basis of adjusted earnings before interest, taxes, depreciation and amortization. The adjustments exclude <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time costs, including stock-based compensation.</p>\n<p>Lyft said it would achieve that target by the end of the third quarter, Uber by the end of this year.</p>\n<p>Lyft in May said it would take advantage of its leaner cost structure to make more money per ride as passengers return to the platform in greater numbers. Uber, also in May, said it would become profitable in the second half of 2021, requiring the company to quickly reduce losses.</p>\n<p><b>DRIVER SHORTAGES PERSIST</b></p>\n<p>During the second quarter, when it appeared the coronavirus threat was receding, Uber and Lyft were focused on luring drivers back with large pay incentives.</p>\n<p>Analysts at KeyBanc Capital Markets in a note said the incentives were proving effective at getting more drivers on the platforms, allowing the companies to start strategically dialing back the extra pay.</p>\n<p>KeyBanc said its proprietary data showed guaranteed fares per ride dropped 5.5% to $14.78 from June to mid-July.</p>\n<p>Public data from regulators in Chicago and New York City, two of the companies' largest markets, shows a continued growth in trips and vehicles in recent months.</p>\n<p>In New York City, the number of ride-hail vehicles has increased more than 20% from February to June, according to data from the city's Taxi and Limousine Commission. But total NYC vehicles in June are still more than 30% below their highest level in March 2019.</p>\n<p>Several analysts said they expect rider demand to continue to outpace driver supply in the coming months.</p>\n<p>\"Uber has had a bumpy ride through the pandemic but fresh signs that it's becoming a much smoother journey are expected in the upcoming numbers,\" said Susannah Streeter, an analyst at Hargreaves Lansdown.</p>\n<p>Lyft, which reports after the bell on Tuesday, is expected to post an adjusted second-quarter EBITDA loss of nearly $50 million on revenue of $697 million, according to Refinitiv data. Analysts on average expect Uber, which reports after market close on Wednesday, to post a $319 million adjusted EBITDA loss on revenue of $3.7 billion.</p>\n<p>Uber has also used the pandemic to double down on its delivery business, with Uber Eats restaurant orders offsetting ride-hail losses. The company is further expanding into the delivery space through its acquisition of alcohol delivery company Drizly and partnerships with U.S. grocery store giants Albertsons Companies Inc and Costco Wholesale Corp.</p>\n<p>\"This change in consumer behavior is likely going to continue after the pandemic, adding depth to Uber's business model,\" said Jake Sherman, analyst at investing.com.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc.","UBER":"优步"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156118936","content_text":"(Reuters) - Ride hailing companies Uber Technologies Inc and Lyft Inc promised Wall Street they would be back on the road to profitability and growth by the time they reported second-quarter results this week, thanks to cost-cutting done to survive the pandemic.\nNow, concerns over an ongoing driver shortage and the spreading Delta variant are clouding the outlook for making good on achieving profitable operations this year.\nThe ride-hail companies' core businesses are closely tied to broader economic activity and provide insights into the comfort levels of Americans and Europeans in resuming pre-pandemic activities. Uber has been moving to expand into goods and meal delivery to reduce dependence on rides.\nDuring the second quarter, many countries reopened their economies, and analysts expect Uber and Lyft will report revenues rebounded.\nBut a rapid spread of the more contagious Delta variant has prompted several health authorities to reimpose some restrictions. The U.S. Centers for Disease Control and Prevention sounded alarms on Friday with a report that the Delta variant is as contagious as chicken pox and can be passed on by people who are vaccinated.\n\"The continued uncertainty around the pandemic's trajectory will suppress both supply and demand for rideshare services until we see what the Delta variant's death toll really is,\" said Forrester analyst James McQuivey.\nThe Delta variant complicates efforts by both companies to achieve profitability this year on a basis of adjusted earnings before interest, taxes, depreciation and amortization. The adjustments exclude one-time costs, including stock-based compensation.\nLyft said it would achieve that target by the end of the third quarter, Uber by the end of this year.\nLyft in May said it would take advantage of its leaner cost structure to make more money per ride as passengers return to the platform in greater numbers. Uber, also in May, said it would become profitable in the second half of 2021, requiring the company to quickly reduce losses.\nDRIVER SHORTAGES PERSIST\nDuring the second quarter, when it appeared the coronavirus threat was receding, Uber and Lyft were focused on luring drivers back with large pay incentives.\nAnalysts at KeyBanc Capital Markets in a note said the incentives were proving effective at getting more drivers on the platforms, allowing the companies to start strategically dialing back the extra pay.\nKeyBanc said its proprietary data showed guaranteed fares per ride dropped 5.5% to $14.78 from June to mid-July.\nPublic data from regulators in Chicago and New York City, two of the companies' largest markets, shows a continued growth in trips and vehicles in recent months.\nIn New York City, the number of ride-hail vehicles has increased more than 20% from February to June, according to data from the city's Taxi and Limousine Commission. But total NYC vehicles in June are still more than 30% below their highest level in March 2019.\nSeveral analysts said they expect rider demand to continue to outpace driver supply in the coming months.\n\"Uber has had a bumpy ride through the pandemic but fresh signs that it's becoming a much smoother journey are expected in the upcoming numbers,\" said Susannah Streeter, an analyst at Hargreaves Lansdown.\nLyft, which reports after the bell on Tuesday, is expected to post an adjusted second-quarter EBITDA loss of nearly $50 million on revenue of $697 million, according to Refinitiv data. Analysts on average expect Uber, which reports after market close on Wednesday, to post a $319 million adjusted EBITDA loss on revenue of $3.7 billion.\nUber has also used the pandemic to double down on its delivery business, with Uber Eats restaurant orders offsetting ride-hail losses. The company is further expanding into the delivery space through its acquisition of alcohol delivery company Drizly and partnerships with U.S. grocery store giants Albertsons Companies Inc and Costco Wholesale Corp.\n\"This change in consumer behavior is likely going to continue after the pandemic, adding depth to Uber's business model,\" said Jake Sherman, analyst at investing.com.","news_type":1,"symbols_score_info":{"LYFT":0.9,"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":1782,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805887848,"gmtCreate":1627870095184,"gmtModify":1703496871550,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581503131772819","authorIdStr":"3581503131772819"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805887848","repostId":"1127731627","repostType":4,"repost":{"id":"1127731627","kind":"news","pubTimestamp":1627866487,"share":"https://ttm.financial/m/news/1127731627?lang=en_US&edition=fundamental","pubTime":"2021-08-02 09:08","market":"us","language":"en","title":"Uber and Deliveroo to offer cheap cab rides and meals as incentives to get Covid jab","url":"https://stock-news.laohu8.com/highlight/detail?id=1127731627","media":"LBC News","summary":"Discounted rides and meals will be offered by taxi-hailing and food delivery companies to help boost","content":"<p>Discounted rides and meals will be offered by taxi-hailing and food delivery companies to help boost uptake of the Covid-19 jab.</p>\n<p><a href=\"https://laohu8.com/S/UBER\">Uber</a>, Bolt, <a href=\"https://laohu8.com/S/ROO.UK\">DELIVEROO HOLDINGS PLC</a> and Pizza Pilgrims are among the brands that will be offering incentives to younger people to encourage them to get vaccinated, the Government announced.</p>\n<p>The Department of Health and Social Care (DHSC) said Uber will be sending reminders to all users in August encouraging them to get jabbed.</p>\n<p>The company will offer discounted rides and meals on its Uber Eats platform for young adults who receive a vaccine.</p>\n<p>Uber has previously offered free trips to vaccination centres for NHS staff.</p>\n<p>Bolt, another ride-hailing app, will offer \"free ride credit\" to vaccination centres following a similar scheme earlier this year when it offered £250,000 worth of free rides to London vaccination facilities.</p>\n<p>Deliveroo will give vouchers to young people who get jabbed, and a spokesperson said: \"At Deliveroo we want to do our small part to support the NHS during the pandemic, including delivering a million free meals to frontline NHS staff and vaccine centres. This is the next step in helping people get vaccinated and safely back to normal.\"</p>\n<p>DHSC said further details on partnerships will be released \"in due course\" and other incentives \"could include vouchers or discount codes for people attending pop-up vaccine sites and booking though the NHS, social media competitions and promotional offers for restaurants\".</p>\n<p>The department added: \"Companies will not ask for or hold any health data for the incentive scheme.\"</p>\n<p>Government data up to July 29 shows that of the 84,737,932 Covid-19 jabs given in the UK, 46,775,525 were first doses and 37,962,407 were second doses.</p>\n<p>DHSC said around 67% of people aged 18 to 29 in England have received a first dose.</p>\n<p>Thanking businesses for \"stepping up\" to support the vaccine drive, Health Secretary Sajid Javid urged people to \"take advantage of the discounts\".</p>\n<p>He added: \"The lifesaving vaccines not only protect you, your loved ones and your community, but they are helping to bring us back together by allowing you to get back to doing the things you've missed.</p>\n<p>Vaccines minister Nadhim Zahawi said there was \"strong enthusiasm\" among young people so far to get vaccinated, adding: \"Please get your jabs as soon as you can and grab a bargain.\"</p>\n<p>The latest initiatives are announced aftera host of further pop-up vaccination hubsopened across England this weekend.</p>\n<p>Locations include Circus Extreme in Halifax, West Yorkshire, Burnley FC's Turf Moor ground, Goodwood Racecourse near Chichester, and the Summer of Love Festival in west London's Holland Park.</p>\n<p>In the east of the capital a four-day vaccine festival is running in Poplar until Monday, with live music and free food.</p>\n<p>DHSC said more than 600,000 people were vaccinated last weekend at walk-in clinics ranging from London's Tate Modern Gallery to a Primark in Bristol.</p>","source":"lsy1627862702248","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uber and Deliveroo to offer cheap cab rides and meals as incentives to get Covid jab</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUber and Deliveroo to offer cheap cab rides and meals as incentives to get Covid jab\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 09:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.lbc.co.uk/news/discounted-cab-rides-and-meals-offered-as-incentives-to-get-covid-jab/><strong>LBC News</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Discounted rides and meals will be offered by taxi-hailing and food delivery companies to help boost uptake of the Covid-19 jab.\nUber, Bolt, DELIVEROO HOLDINGS PLC and Pizza Pilgrims are among the ...</p>\n\n<a href=\"https://www.lbc.co.uk/news/discounted-cab-rides-and-meals-offered-as-incentives-to-get-covid-jab/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","ROO.UK":"Deliveroo Holdings PLC"},"source_url":"https://www.lbc.co.uk/news/discounted-cab-rides-and-meals-offered-as-incentives-to-get-covid-jab/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127731627","content_text":"Discounted rides and meals will be offered by taxi-hailing and food delivery companies to help boost uptake of the Covid-19 jab.\nUber, Bolt, DELIVEROO HOLDINGS PLC and Pizza Pilgrims are among the brands that will be offering incentives to younger people to encourage them to get vaccinated, the Government announced.\nThe Department of Health and Social Care (DHSC) said Uber will be sending reminders to all users in August encouraging them to get jabbed.\nThe company will offer discounted rides and meals on its Uber Eats platform for young adults who receive a vaccine.\nUber has previously offered free trips to vaccination centres for NHS staff.\nBolt, another ride-hailing app, will offer \"free ride credit\" to vaccination centres following a similar scheme earlier this year when it offered £250,000 worth of free rides to London vaccination facilities.\nDeliveroo will give vouchers to young people who get jabbed, and a spokesperson said: \"At Deliveroo we want to do our small part to support the NHS during the pandemic, including delivering a million free meals to frontline NHS staff and vaccine centres. This is the next step in helping people get vaccinated and safely back to normal.\"\nDHSC said further details on partnerships will be released \"in due course\" and other incentives \"could include vouchers or discount codes for people attending pop-up vaccine sites and booking though the NHS, social media competitions and promotional offers for restaurants\".\nThe department added: \"Companies will not ask for or hold any health data for the incentive scheme.\"\nGovernment data up to July 29 shows that of the 84,737,932 Covid-19 jabs given in the UK, 46,775,525 were first doses and 37,962,407 were second doses.\nDHSC said around 67% of people aged 18 to 29 in England have received a first dose.\nThanking businesses for \"stepping up\" to support the vaccine drive, Health Secretary Sajid Javid urged people to \"take advantage of the discounts\".\nHe added: \"The lifesaving vaccines not only protect you, your loved ones and your community, but they are helping to bring us back together by allowing you to get back to doing the things you've missed.\nVaccines minister Nadhim Zahawi said there was \"strong enthusiasm\" among young people so far to get vaccinated, adding: \"Please get your jabs as soon as you can and grab a bargain.\"\nThe latest initiatives are announced aftera host of further pop-up vaccination hubsopened across England this weekend.\nLocations include Circus Extreme in Halifax, West Yorkshire, Burnley FC's Turf Moor ground, Goodwood Racecourse near Chichester, and the Summer of Love Festival in west London's Holland Park.\nIn the east of the capital a four-day vaccine festival is running in Poplar until Monday, with live music and free food.\nDHSC said more than 600,000 people were vaccinated last weekend at walk-in clinics ranging from London's Tate Modern Gallery to a Primark in Bristol.","news_type":1,"symbols_score_info":{"ROO.UK":0.9,"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":1797,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805817945,"gmtCreate":1627869721987,"gmtModify":1703496856361,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581503131772819","authorIdStr":"3581503131772819"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805817945","repostId":"1165710134","repostType":4,"isVote":1,"tweetType":1,"viewCount":2000,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805815164,"gmtCreate":1627869680658,"gmtModify":1703496853866,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581503131772819","authorIdStr":"3581503131772819"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805815164","repostId":"1156618547","repostType":4,"isVote":1,"tweetType":1,"viewCount":1702,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150201608,"gmtCreate":1624900036904,"gmtModify":1703847574508,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581503131772819","authorIdStr":"3581503131772819"},"themes":[],"htmlText":"[Surprised]&nbsp;","listText":"[Surprised]&nbsp;","text":"[Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150201608","repostId":"2146583398","repostType":4,"isVote":1,"tweetType":1,"viewCount":3241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127678773,"gmtCreate":1624848488492,"gmtModify":1703846119526,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581503131772819","authorIdStr":"3581503131772819"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127678773","repostId":"2146007118","repostType":4,"isVote":1,"tweetType":1,"viewCount":1899,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124854939,"gmtCreate":1624759671321,"gmtModify":1703844552291,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581503131772819","authorIdStr":"3581503131772819"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124854939","repostId":"1172710941","repostType":4,"repost":{"id":"1172710941","kind":"news","pubTimestamp":1624753126,"share":"https://ttm.financial/m/news/1172710941?lang=en_US&edition=fundamental","pubTime":"2021-06-27 08:18","market":"us","language":"en","title":"GameStop Joined the Russell 1000. The Move Might Hurt the Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1172710941","media":"Barrons","summary":"The Reddit army has succeeded in launching GameStop to a new stratosphere—but it could actually hurt the stock in the short-term.The videogame retailer officially made it into the Russell 1000 index,FTSE Russell announced on Saturday. The Russell 1000 tracks large-capitalization stocks—and in order to be included in the latest index reconstitution, stocks had to have market caps of at least $7.3 billion on May 7.As one of the stocks favored by retail traders this year, GameStop  met that thresho","content":"<p>The Reddit army has succeeded in launching&nbsp;GameStop&nbsp;to a new stratosphere—but it could actually hurt the stock in the short-term.</p>\n<p>The videogame retailer officially made it into the&nbsp;Russell 1000 index,FTSE Russell announced on Saturday. The Russell 1000 tracks large-capitalization stocks—and in order to be included in the latest index reconstitution, stocks had to have market caps of at least $7.3 billion on May 7.</p>\n<p>As one of the&nbsp;stocks favored by retail traders this year, GameStop (ticker: GME) met that threshold because it had an $11.2 billion market cap by the deadline, while&nbsp;AMC Entertainment(AMC) didn’t. That said, AMC has rocketed higher since May 7, multiplying by more than five times and surpassing GameStop’s market value—hitting a recent $27 billion compared to GameStop’s $15 billion.</p>\n<p>It may seem counterintuitive, but the Russell 1000 “promotion” may actually be bad for GameStop’s stock,as&nbsp;Barron’s&nbsp;explained earlier this month.Funds that track the small-capRussell 2000will have to sell GameStop shares on June 28, and funds that track the Russell 1000 will have to buy them. Three times as much money is invested in funds that track the Russell 1000, but GameStop’s overall weight in that index will be much lower than it has been in the Russell 2000. In the Russell 2000, GameStop made up about half a percentage point of the index, while it will be less than 0.1% of the Russell 1000. GameStop will look tiny next to behemoths like&nbsp;Apple(AAPL).</p>\n<p>Experts like Jefferies strategist Steven DeSanctis expect that there will be net selling in GameStop of about 5 million shares, or about half of the stock’s recent average daily volume, after the rebalancing.</p>\n<p>Meanwhile, AMC will be the largest member of the Russell 2000 by far—more than three times as large as its nearest competitor as of last week. See the full post-rebalancing list of Russell 1000 stocks&nbsp;<a href=\"https://content.ftserussell.com/sites/default/files/ru1000_membershiplist_20210628.pdf\" target=\"_blank\">here</a>&nbsp;and Russell 2000 stocks&nbsp;<a href=\"https://content.ftserussell.com/sites/default/files/ru2000_membershiplist_20210628.pdf\" target=\"_blank\">here</a>.</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>GameStop Joined the Russell 1000. The Move Might Hurt the Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Joined the Russell 1000. The Move Might Hurt the Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/gamestop-stock-russell-1000-51624729113?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Reddit army has succeeded in launching GameStop to a new stratosphere—but it could actually hurt the stock in the short-term.\nThe videogame retailer officially made it into the Russell 1000 index,...</p>\n\n<a href=\"https://www.barrons.com/articles/gamestop-stock-russell-1000-51624729113?mod=hp_LATEST\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/gamestop-stock-russell-1000-51624729113?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172710941","content_text":"The Reddit army has succeeded in launching GameStop to a new stratosphere—but it could actually hurt the stock in the short-term.\nThe videogame retailer officially made it into the Russell 1000 index,FTSE Russell announced on Saturday. The Russell 1000 tracks large-capitalization stocks—and in order to be included in the latest index reconstitution, stocks had to have market caps of at least $7.3 billion on May 7.\nAs one of the stocks favored by retail traders this year, GameStop (ticker: GME) met that threshold because it had an $11.2 billion market cap by the deadline, while AMC Entertainment(AMC) didn’t. That said, AMC has rocketed higher since May 7, multiplying by more than five times and surpassing GameStop’s market value—hitting a recent $27 billion compared to GameStop’s $15 billion.\nIt may seem counterintuitive, but the Russell 1000 “promotion” may actually be bad for GameStop’s stock,as Barron’s explained earlier this month.Funds that track the small-capRussell 2000will have to sell GameStop shares on June 28, and funds that track the Russell 1000 will have to buy them. Three times as much money is invested in funds that track the Russell 1000, but GameStop’s overall weight in that index will be much lower than it has been in the Russell 2000. In the Russell 2000, GameStop made up about half a percentage point of the index, while it will be less than 0.1% of the Russell 1000. GameStop will look tiny next to behemoths like Apple(AAPL).\nExperts like Jefferies strategist Steven DeSanctis expect that there will be net selling in GameStop of about 5 million shares, or about half of the stock’s recent average daily volume, after the rebalancing.\nMeanwhile, AMC will be the largest member of the Russell 2000 by far—more than three times as large as its nearest competitor as of last week. See the full post-rebalancing list of Russell 1000 stocks here and Russell 2000 stocks here.","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":1838,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125288278,"gmtCreate":1624675275494,"gmtModify":1703843378586,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581503131772819","authorIdStr":"3581503131772819"},"themes":[],"htmlText":"[Grin]&nbsp;","listText":"[Grin]&nbsp;","text":"[Grin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125288278","repostId":"1108941456","repostType":4,"isVote":1,"tweetType":1,"viewCount":1717,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126846878,"gmtCreate":1624553184094,"gmtModify":1703840315906,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581503131772819","authorIdStr":"3581503131772819"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126846878","repostId":"1120836318","repostType":4,"isVote":1,"tweetType":1,"viewCount":1944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128116890,"gmtCreate":1624505658810,"gmtModify":1703838675099,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581503131772819","authorIdStr":"3581503131772819"},"themes":[],"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128116890","repostId":"1171757794","repostType":4,"isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129260469,"gmtCreate":1624374100051,"gmtModify":1703834885832,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581503131772819","authorIdStr":"3581503131772819"},"themes":[],"htmlText":"[Drowsy]&nbsp;","listText":"[Drowsy]&nbsp;","text":"[Drowsy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129260469","repostId":"1132497836","repostType":4,"repost":{"id":"1132497836","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":1624370799,"share":"https://ttm.financial/m/news/1132497836?lang=en_US&edition=fundamental","pubTime":"2021-06-22 22:06","market":"us","language":"en","title":"ContextLogic stock fell in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1132497836","media":"Tiger Newspress","summary":"(June 22)&nbsp;ContextLogic stock fell in morning trading.","content":"<p>(June 22)&nbsp;ContextLogic stock fell in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/3f4961b3f42c7db05dcef1237b9eb084\" tg-width=\"658\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ContextLogic stock fell in morning trading</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\">\nContextLogic stock fell in morning trading\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\">2021-06-22 22:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 22)&nbsp;ContextLogic stock fell in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/3f4961b3f42c7db05dcef1237b9eb084\" tg-width=\"658\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132497836","content_text":"(June 22) ContextLogic stock fell in morning trading.","news_type":1,"symbols_score_info":{"WISH":0.9}},"isVote":1,"tweetType":1,"viewCount":578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167637743,"gmtCreate":1624264497682,"gmtModify":1703831899348,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581503131772819","authorIdStr":"3581503131772819"},"themes":[],"htmlText":"[What]&nbsp;","listText":"[What]&nbsp;","text":"[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167637743","repostId":"2144706863","repostType":4,"repost":{"id":"2144706863","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624261020,"share":"https://ttm.financial/m/news/2144706863?lang=en_US&edition=fundamental","pubTime":"2021-06-21 15:37","market":"hk","language":"en","title":"Why Uber and Lyft prices are going up -- and how you can get around for less","url":"https://stock-news.laohu8.com/highlight/detail?id=2144706863","media":"Dow Jones","summary":"It could be months until there are enough drivers to significantly lower prices.\n\nRide-shares have g","content":"<blockquote>\n It could be months until there are enough drivers to significantly lower prices.\n</blockquote>\n<p>Ride-shares have gotten expensive enough in Chicago that Matt Shachat has decided it's time to finally get a driver's license.</p>\n<p>A Bay Area native who has also lived in Boston, Shachat didn't need to drive himself anywhere before. Even when he moved to Chicago, Uber rides to and from his office were within his budget at around $23 each way.</p>\n<p>Nowadays, he's paying closer to $32 a ride, an amount that works out to nearly $1,300 a month -- enough to cover a car payment, insurance and parking. One 45-minute journey in recent weeks cost him $94, but it's longer wait times that bother Shachat more than bigger bills. \"This morning I was late to work even though I budgeted an extra 15 minutes,\" he said, describing a transaction that required a 20-minute wait.</p>\n<p>Shachat's is a situation that's playing out in cities across the U.S. as demand for rides has come roaring back faster than drivers and discount pool rides.</p>\n<p>In Chicago, ride-sharing companies had a combined 48,000 drivers in April. That's less than half the number of drivers that they had pre-pandemic, according to data collected by the city of Chicago. The city is also down <a href=\"https://laohu8.com/S/AONE\">one</a> ride-sharing company, Via, which suspended public services during the pandemic.</p>\n<p>Meanwhile, ride-share fares have been rising in Chicago, climbing to over an average of $22 in April from less than $16in December, according to the city's data. That's still cheaper than a taxi, although the savings are narrowing.</p>\n<p>Beyond free rides to vaccination appointments and discounts for new users, there is little relief in sight for ride-sharing customers until more drivers says is already happening. More than 33,000 additional drivers came online the week of May 17 alone, an Uber spokeswoman said, noting a decline in surge pricing in Los Angeles and New York.</p>\n<p>Lyft said it too is seeing pressures ease and customer wait times decrease. At a J.P. Morgan <a href=\"https://laohu8.com/S/JPM\">$(JPM)$</a> conference last month, Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> co-founder John Zimmer said he expects driver supply and rider demand to become more balanced in the next few months.</p>\n<p>In the meantime, here are a few hacks to cut your transportation costs that don't involve buying a car or learning how to parallel park.</p>\n<p><b>Call a cab or car service</b></p>\n<p>Before there was ride-sharing, there were cabs. New Yorkers used to scan the streets for them, raising an arm to flag <a href=\"https://laohu8.com/S/AONE.U\">one</a> down. And that technique still works -- if you can find a taxi.</p>\n<p>In New York, thousands of the city's famous yellow cabs remain idled, partly because of the pandemic and partly because of a collapse in the value of city-issued medallions which used to sell for over $1 million before the rise of ride hailing.A similar story has played out in Chicago where there are now one-thirdas many cabs in operation as there were in February 2020 -- the month before the pandemic began shutting down parts of the U.S.</p>\n<p>Thankfully, there are apps that can help hail a cab. Arro and Curb are two apps that can help customers locate taxis in a number of cities. They're similar to Uber and Lyft, but for traditional cabs. Because pricing is metered, there is no surge pricing.</p>\n<p>Curb operates in cities including Chicago, Austin, Las Vegas, Los Angeles, New York and San Francisco. It boasts access to more than 50,000 cabs and 100,000 drivers across the U.S. Arro is available in New York, Boston, Miami, Houston and Chicago.</p>\n<p>Another option is to use a car service. While you can request limos and luxury vehicles, many offer more everyday options including minivans and sedans. Cars come with drivers and can be booked via apps, phone and online.</p>\n<p>Carmel is a car service that's been operating in the New York City area for more than 30 years and can now be booked via app. In Chicago, Blacklane and Chicago Private Car offer online booking.</p>\n<p><b>Look for other ride-sharing services</b></p>\n<p>Uber and Lyft may be the best known names in the ride-sharing business, but there are some U.S. cities where you have more options to catch a ride.</p>\n<p>In Hawaii, Holoholo is a new ride-sharing service that eschews surge pricing, an unwelcome experience founder Cecil Morton has had as a ride-sharing customer. Morton has run an airport shuttle business for more than 20 years and describes Holoholo as a \"natural progression\" given the rising popularity of ride-sharing.</p>\n<p>In the continental U.S., Wingz is a San Francisco-based ride-sharing service that started with airport rides. It now offers in-town rides and errand services as well as rides to and from the airport in cities including Austin, Dallas, San Francisco, Los Angeles, Miami, Orlando and Phoenix.</p>\n<p><b>Hop on a bike or scooter</b></p>\n<p>Several cities now have bike and scooter rental services, providing yet another affordable way for people to get around cities including New York, Chicago, Austin, and more.</p>\n<p>Divvy has more than 6,000 bikes and 600 stations in Chicago where single rides are priced at $3.40 a trip and day passes are $15. In the New York City area, Citi Bike has more than 20,000 bikes and more than 1,300 stations. Single rides cost $3.50 a trip while day passes are $15.</p>\n<p>Lime has scooters available in cities across the U.S. including Chicago, San Francisco, Austin and Charlotte. Lime charges a fixed rate to unlock a scooter than a location-based per-minute rate to ride the scooter. Rates are displayed ahead of a ride.</p>\n<p>Lyft has scooters and bike rentals in cities including Minneapolis, Denver, Washington, D.C. and San Diego.</p>\n<p><b>Take public transit</b></p>\n<p>There are a few pockets of the U.S. where public transit really can take you almost anywhere you want to go, and for a fraction of what you might pay for a ride-share or a cab.</p>\n<p>The New York City subway system has resumed 24-hour operations. Each ride costs $2.75, or you can whittle that down by ordering a weekly or monthly pass if you plan to make regular round trips. The subway runs between <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> and JFK International Airport, though there is an additional $7.75 fee for airport service. City buses also provide connections to LaGuardia International Airport.</p>\n<p>In Washington, D.C., the Metro provides access to popular tourist destinations including the National Mall, the White House and several Smithsonian museums. Ride prices are based on distance and time of day, but the most expensive fares in the system are $7.50 for express airport service. D.C.'s Metro runs to Ronald Reagan International Airport. Bus connections are available to Dulles International Airport.</p>\n<p>San Francisco has BART, the Bay Area Rapid Transit system of trains and busses. Even Los Angeles, Atlanta, Minneapolis, Seattle, Salt Lake City and Houston have some type of rail or light rail service.</p>\n<p>Chicago has the L, the city's mostly elevated local train system. For the bargain price of just $5, the L will take you from O'Hare International Airport to the Magnificent Mile where shops, restaurants and architectural icons await.</p>\n<p>That price is a fraction of what you could expect to spend on an Uber or a Lyft between downtown Chicago and the airport -- even back when drivers were plentiful and rides were cheap.</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>Why Uber and Lyft prices are going up -- and how you can get around for less</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Uber and Lyft prices are going up -- and how you can get around for less\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-21 15:37</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n It could be months until there are enough drivers to significantly lower prices.\n</blockquote>\n<p>Ride-shares have gotten expensive enough in Chicago that Matt Shachat has decided it's time to finally get a driver's license.</p>\n<p>A Bay Area native who has also lived in Boston, Shachat didn't need to drive himself anywhere before. Even when he moved to Chicago, Uber rides to and from his office were within his budget at around $23 each way.</p>\n<p>Nowadays, he's paying closer to $32 a ride, an amount that works out to nearly $1,300 a month -- enough to cover a car payment, insurance and parking. One 45-minute journey in recent weeks cost him $94, but it's longer wait times that bother Shachat more than bigger bills. \"This morning I was late to work even though I budgeted an extra 15 minutes,\" he said, describing a transaction that required a 20-minute wait.</p>\n<p>Shachat's is a situation that's playing out in cities across the U.S. as demand for rides has come roaring back faster than drivers and discount pool rides.</p>\n<p>In Chicago, ride-sharing companies had a combined 48,000 drivers in April. That's less than half the number of drivers that they had pre-pandemic, according to data collected by the city of Chicago. The city is also down <a href=\"https://laohu8.com/S/AONE\">one</a> ride-sharing company, Via, which suspended public services during the pandemic.</p>\n<p>Meanwhile, ride-share fares have been rising in Chicago, climbing to over an average of $22 in April from less than $16in December, according to the city's data. That's still cheaper than a taxi, although the savings are narrowing.</p>\n<p>Beyond free rides to vaccination appointments and discounts for new users, there is little relief in sight for ride-sharing customers until more drivers says is already happening. More than 33,000 additional drivers came online the week of May 17 alone, an Uber spokeswoman said, noting a decline in surge pricing in Los Angeles and New York.</p>\n<p>Lyft said it too is seeing pressures ease and customer wait times decrease. At a J.P. Morgan <a href=\"https://laohu8.com/S/JPM\">$(JPM)$</a> conference last month, Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> co-founder John Zimmer said he expects driver supply and rider demand to become more balanced in the next few months.</p>\n<p>In the meantime, here are a few hacks to cut your transportation costs that don't involve buying a car or learning how to parallel park.</p>\n<p><b>Call a cab or car service</b></p>\n<p>Before there was ride-sharing, there were cabs. New Yorkers used to scan the streets for them, raising an arm to flag <a href=\"https://laohu8.com/S/AONE.U\">one</a> down. And that technique still works -- if you can find a taxi.</p>\n<p>In New York, thousands of the city's famous yellow cabs remain idled, partly because of the pandemic and partly because of a collapse in the value of city-issued medallions which used to sell for over $1 million before the rise of ride hailing.A similar story has played out in Chicago where there are now one-thirdas many cabs in operation as there were in February 2020 -- the month before the pandemic began shutting down parts of the U.S.</p>\n<p>Thankfully, there are apps that can help hail a cab. Arro and Curb are two apps that can help customers locate taxis in a number of cities. They're similar to Uber and Lyft, but for traditional cabs. Because pricing is metered, there is no surge pricing.</p>\n<p>Curb operates in cities including Chicago, Austin, Las Vegas, Los Angeles, New York and San Francisco. It boasts access to more than 50,000 cabs and 100,000 drivers across the U.S. Arro is available in New York, Boston, Miami, Houston and Chicago.</p>\n<p>Another option is to use a car service. While you can request limos and luxury vehicles, many offer more everyday options including minivans and sedans. Cars come with drivers and can be booked via apps, phone and online.</p>\n<p>Carmel is a car service that's been operating in the New York City area for more than 30 years and can now be booked via app. In Chicago, Blacklane and Chicago Private Car offer online booking.</p>\n<p><b>Look for other ride-sharing services</b></p>\n<p>Uber and Lyft may be the best known names in the ride-sharing business, but there are some U.S. cities where you have more options to catch a ride.</p>\n<p>In Hawaii, Holoholo is a new ride-sharing service that eschews surge pricing, an unwelcome experience founder Cecil Morton has had as a ride-sharing customer. Morton has run an airport shuttle business for more than 20 years and describes Holoholo as a \"natural progression\" given the rising popularity of ride-sharing.</p>\n<p>In the continental U.S., Wingz is a San Francisco-based ride-sharing service that started with airport rides. It now offers in-town rides and errand services as well as rides to and from the airport in cities including Austin, Dallas, San Francisco, Los Angeles, Miami, Orlando and Phoenix.</p>\n<p><b>Hop on a bike or scooter</b></p>\n<p>Several cities now have bike and scooter rental services, providing yet another affordable way for people to get around cities including New York, Chicago, Austin, and more.</p>\n<p>Divvy has more than 6,000 bikes and 600 stations in Chicago where single rides are priced at $3.40 a trip and day passes are $15. In the New York City area, Citi Bike has more than 20,000 bikes and more than 1,300 stations. Single rides cost $3.50 a trip while day passes are $15.</p>\n<p>Lime has scooters available in cities across the U.S. including Chicago, San Francisco, Austin and Charlotte. Lime charges a fixed rate to unlock a scooter than a location-based per-minute rate to ride the scooter. Rates are displayed ahead of a ride.</p>\n<p>Lyft has scooters and bike rentals in cities including Minneapolis, Denver, Washington, D.C. and San Diego.</p>\n<p><b>Take public transit</b></p>\n<p>There are a few pockets of the U.S. where public transit really can take you almost anywhere you want to go, and for a fraction of what you might pay for a ride-share or a cab.</p>\n<p>The New York City subway system has resumed 24-hour operations. Each ride costs $2.75, or you can whittle that down by ordering a weekly or monthly pass if you plan to make regular round trips. The subway runs between <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> and JFK International Airport, though there is an additional $7.75 fee for airport service. City buses also provide connections to LaGuardia International Airport.</p>\n<p>In Washington, D.C., the Metro provides access to popular tourist destinations including the National Mall, the White House and several Smithsonian museums. Ride prices are based on distance and time of day, but the most expensive fares in the system are $7.50 for express airport service. D.C.'s Metro runs to Ronald Reagan International Airport. Bus connections are available to Dulles International Airport.</p>\n<p>San Francisco has BART, the Bay Area Rapid Transit system of trains and busses. Even Los Angeles, Atlanta, Minneapolis, Seattle, Salt Lake City and Houston have some type of rail or light rail service.</p>\n<p>Chicago has the L, the city's mostly elevated local train system. For the bargain price of just $5, the L will take you from O'Hare International Airport to the Magnificent Mile where shops, restaurants and architectural icons await.</p>\n<p>That price is a fraction of what you could expect to spend on an Uber or a Lyft between downtown Chicago and the airport -- even back when drivers were plentiful and rides were cheap.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","LYFT":"Lyft, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144706863","content_text":"It could be months until there are enough drivers to significantly lower prices.\n\nRide-shares have gotten expensive enough in Chicago that Matt Shachat has decided it's time to finally get a driver's license.\nA Bay Area native who has also lived in Boston, Shachat didn't need to drive himself anywhere before. Even when he moved to Chicago, Uber rides to and from his office were within his budget at around $23 each way.\nNowadays, he's paying closer to $32 a ride, an amount that works out to nearly $1,300 a month -- enough to cover a car payment, insurance and parking. One 45-minute journey in recent weeks cost him $94, but it's longer wait times that bother Shachat more than bigger bills. \"This morning I was late to work even though I budgeted an extra 15 minutes,\" he said, describing a transaction that required a 20-minute wait.\nShachat's is a situation that's playing out in cities across the U.S. as demand for rides has come roaring back faster than drivers and discount pool rides.\nIn Chicago, ride-sharing companies had a combined 48,000 drivers in April. That's less than half the number of drivers that they had pre-pandemic, according to data collected by the city of Chicago. The city is also down one ride-sharing company, Via, which suspended public services during the pandemic.\nMeanwhile, ride-share fares have been rising in Chicago, climbing to over an average of $22 in April from less than $16in December, according to the city's data. That's still cheaper than a taxi, although the savings are narrowing.\nBeyond free rides to vaccination appointments and discounts for new users, there is little relief in sight for ride-sharing customers until more drivers says is already happening. More than 33,000 additional drivers came online the week of May 17 alone, an Uber spokeswoman said, noting a decline in surge pricing in Los Angeles and New York.\nLyft said it too is seeing pressures ease and customer wait times decrease. At a J.P. Morgan $(JPM)$ conference last month, Lyft $(LYFT)$ co-founder John Zimmer said he expects driver supply and rider demand to become more balanced in the next few months.\nIn the meantime, here are a few hacks to cut your transportation costs that don't involve buying a car or learning how to parallel park.\nCall a cab or car service\nBefore there was ride-sharing, there were cabs. New Yorkers used to scan the streets for them, raising an arm to flag one down. And that technique still works -- if you can find a taxi.\nIn New York, thousands of the city's famous yellow cabs remain idled, partly because of the pandemic and partly because of a collapse in the value of city-issued medallions which used to sell for over $1 million before the rise of ride hailing.A similar story has played out in Chicago where there are now one-thirdas many cabs in operation as there were in February 2020 -- the month before the pandemic began shutting down parts of the U.S.\nThankfully, there are apps that can help hail a cab. Arro and Curb are two apps that can help customers locate taxis in a number of cities. They're similar to Uber and Lyft, but for traditional cabs. Because pricing is metered, there is no surge pricing.\nCurb operates in cities including Chicago, Austin, Las Vegas, Los Angeles, New York and San Francisco. It boasts access to more than 50,000 cabs and 100,000 drivers across the U.S. Arro is available in New York, Boston, Miami, Houston and Chicago.\nAnother option is to use a car service. While you can request limos and luxury vehicles, many offer more everyday options including minivans and sedans. Cars come with drivers and can be booked via apps, phone and online.\nCarmel is a car service that's been operating in the New York City area for more than 30 years and can now be booked via app. In Chicago, Blacklane and Chicago Private Car offer online booking.\nLook for other ride-sharing services\nUber and Lyft may be the best known names in the ride-sharing business, but there are some U.S. cities where you have more options to catch a ride.\nIn Hawaii, Holoholo is a new ride-sharing service that eschews surge pricing, an unwelcome experience founder Cecil Morton has had as a ride-sharing customer. Morton has run an airport shuttle business for more than 20 years and describes Holoholo as a \"natural progression\" given the rising popularity of ride-sharing.\nIn the continental U.S., Wingz is a San Francisco-based ride-sharing service that started with airport rides. It now offers in-town rides and errand services as well as rides to and from the airport in cities including Austin, Dallas, San Francisco, Los Angeles, Miami, Orlando and Phoenix.\nHop on a bike or scooter\nSeveral cities now have bike and scooter rental services, providing yet another affordable way for people to get around cities including New York, Chicago, Austin, and more.\nDivvy has more than 6,000 bikes and 600 stations in Chicago where single rides are priced at $3.40 a trip and day passes are $15. In the New York City area, Citi Bike has more than 20,000 bikes and more than 1,300 stations. Single rides cost $3.50 a trip while day passes are $15.\nLime has scooters available in cities across the U.S. including Chicago, San Francisco, Austin and Charlotte. Lime charges a fixed rate to unlock a scooter than a location-based per-minute rate to ride the scooter. Rates are displayed ahead of a ride.\nLyft has scooters and bike rentals in cities including Minneapolis, Denver, Washington, D.C. and San Diego.\nTake public transit\nThere are a few pockets of the U.S. where public transit really can take you almost anywhere you want to go, and for a fraction of what you might pay for a ride-share or a cab.\nThe New York City subway system has resumed 24-hour operations. Each ride costs $2.75, or you can whittle that down by ordering a weekly or monthly pass if you plan to make regular round trips. The subway runs between Manhattan and JFK International Airport, though there is an additional $7.75 fee for airport service. City buses also provide connections to LaGuardia International Airport.\nIn Washington, D.C., the Metro provides access to popular tourist destinations including the National Mall, the White House and several Smithsonian museums. Ride prices are based on distance and time of day, but the most expensive fares in the system are $7.50 for express airport service. D.C.'s Metro runs to Ronald Reagan International Airport. Bus connections are available to Dulles International Airport.\nSan Francisco has BART, the Bay Area Rapid Transit system of trains and busses. Even Los Angeles, Atlanta, Minneapolis, Seattle, Salt Lake City and Houston have some type of rail or light rail service.\nChicago has the L, the city's mostly elevated local train system. For the bargain price of just $5, the L will take you from O'Hare International Airport to the Magnificent Mile where shops, restaurants and architectural icons await.\nThat price is a fraction of what you could expect to spend on an Uber or a Lyft between downtown Chicago and the airport -- even back when drivers were plentiful and rides were cheap.","news_type":1,"symbols_score_info":{"UBER":0.9,"LYFT":0.9}},"isVote":1,"tweetType":1,"viewCount":596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164873051,"gmtCreate":1624196195273,"gmtModify":1703830463744,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581503131772819","authorIdStr":"3581503131772819"},"themes":[],"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/164873051","repostId":"1133385197","repostType":4,"repost":{"id":"1133385197","kind":"news","pubTimestamp":1624151969,"share":"https://ttm.financial/m/news/1133385197?lang=en_US&edition=fundamental","pubTime":"2021-06-20 09:19","market":"us","language":"en","title":"Answering the great inflation question of our time","url":"https://stock-news.laohu8.com/highlight/detail?id=1133385197","media":"finance.yahoo","summary":"Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up","content":"<p>Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.</p>\n<p>Unfortunately pretty much everything else about inflation—a red hot topic these days—is conjecture. And that’s vexing, not just for the dismal scientists (aka economists), but for all of us, because whether or not prices are really rising, by how much and for how long, has massive implications in our lives. Or as Mark Zandi, chief economist at Moody’s Analytics, says: “Inflation is one of the mysteries of economic study and thought. A difficult thing to gauge and forecast and get right. That’s why the risks are high.”</p>\n<p>The current debate over inflation really revolves around two questions: First, is this current spate of inflation, just that, a spate—or to use Wall Street’s buzzword of the moment, “transitory,”—or not? (Just to give you an idea of how buzzy, when I Google the word “transitory” the search engine suggests “inflation” after it.) And second, transitory (aka temporary) inflation or not, what does it suggest for the economy and markets?</p>\n<p>Before I get into that, let me lay out what’s going on with prices right now. First, know that inflation,which peaked in 1980 at an annualized rate of 13.55%,has been tame for quite some time, specifically 4% or less for nearly 30 years. Which means that anyone 40 years old or younger has no experience with inflation other than maybe from an Econ 101 textbook. Obviously that could be a problem.</p>\n<p>As an aside I remember President Ford in 1974 trying to jawbone inflation down with his \"Whip Inflation Now\" campaign, which featured“Win” buttons,earringsand evenugly sweaters.None of this worked and it took draconian measures by Fed Chair Paul Volcker (raising rates and targeting money supply,as described by Former President of the Federal Reserve Bank of St. Louis, William Poole)to eventually tame inflation and keep it under wraps for all those years.</p>\n<p>Until now perhaps. Last week theLabor Department reported that consumer prices (the CPI, or consumer price index) rose 5% in May,the fastest annual rate in nearly 13 years—which was when the economy was overheating from the housing boom which subsequently went bust and sent the economy off a cliff and into the Great Recession. Core inflation, which excludes volatile food and energy prices, was up 3.8%, the biggest increase since May 1992. (For the record, the likelihood of the economy tanking right now is de minimis.)</p>\n<p><img src=\"https://static.tigerbbs.com/87f75dfcb98fb5a0e7c3f9d3f8d336e2\" tg-width=\"705\" tg-height=\"412\" referrerpolicy=\"no-referrer\"></p>\n<p>Used car and truck prices are a major driver of inflation, climbing 7.3% last month and 29.7% over the past year. New car prices are up too, which have pushed upshares of Ford and GM a remarkable 40% plus this year.Clearly Americans want to buy vehicles to go on vacation and get back to work. And Yahoo Finance’sJanna Herron reportsthat rents are rising at their fastest pace in 15 years.</p>\n<p>To be sure, not all prices are climbing.As Yahoo Finance’s Rick Newman points out,prices are not up much at all for health care, education and are basically flat for technology, including computers, smartphones and internet service (an important point which we’ll get back to.)</p>\n<p>But that’s the counterpoint really. Americans are obsessed with cars, housing is critical and many of us are experiencing sticker shock booking travel this summer. Higher prices are front and center. Wall Street too is in a tizzy about inflation, and concerns about it and more importantly Federal Reserve policy in response to inflation (see below), sent stocks lower with the S&amp;P 500 down 1.91% this week, its worst week since February.</p>\n<p>Given this backdrop, the tension (such as it is) was high when the Fed met this week to deliver its forecast and for Chair Jay Powell to answer questions from the media. Or at least so said hedge fund honcho Paul Tudor Jones,who characterized the proceedings on CNBCas “the most important meeting in [Chairman] Jay Powell’s career, certainly the most important Fed meeting of the past four or five years.” Jones was critical of the Fed, which he believes is now stimulating the economy unnecessarily by keeping interest rates low and by buying financial assets. Unnecessarily, Jones says, because the economy is already running hot and needs no support. The Fed (which is in the transitory camp when it comes to inflation) risks overheating the economy by creating runaway inflation, according to PTJ.</p>\n<p>Now I don’t see eye to eye with Jones on this, though I should point out, he's a billionaire from investing in financial markets, and let’s just say I’m not. I should also point out that Jones, 66, is in fact old enough to remember inflation, never mind that as a young man he called the 1987 stock market crash. So we should all ignore Jones at our peril.</p>\n<p>As for what the Fed put forth this past Wednesday, well it wasn’t much, signaling an expectation ofraising interest rates twice by the end of 2023(yes, that is down the road.) And Powell, who’s become much more adept at not rippling the waters these days after some rougher forays earlier in his tenure, didn’t drop any bombshells in the presser.</p>\n<p>Which brings us to the question of why the Federal Reserve isn’t so concerned about inflation and thinks it is mostly—here’s that word again—transitory. To answer that, we need to first address why prices are rising right now, which can be summed up in one very familiar abbreviation: COVID-19. When COVID hit last spring the economy collapsed, which crushed demand in sectors like leisure, travel and retail. Now the economy is roaring back to life and businesses can raise prices, certainly over 2020 levels.</p>\n<p>“We clearly should’ve expected it,” says William Spriggs, chief economist at the AFL-CIO and a professor of economics at Howard University. “You can’t shut down the economy and think you turn on the switch [without some inflation].”</p>\n<p>“We had a pandemic that forced an artificial shutdown of the economy in a way that even the collapse of the financial system and the housing market didn’t, and we had a snapback at a rate we’ve never seen before—not because of the fundamentals driving recovery but because of government,” says Joel Naroff, president and chief economist of Naroff Economics.</p>\n<p>COVID had other secondary effects on the economy though, besides just ultimately producing a snapback. For one thing, the pandemic throttled supply chains, specifically the shipping of parts and components from one part of the globe to another. It also confused managers about how much to produce and therefore how many parts to order.</p>\n<p>A prime example here is what happened to the chip (semiconductor) and auto industrieswhich I wrote about last month.Car makers thought no one would buy vehicles during the pandemic and pared back their orders with chipmakers, (which were having a tough time shipping their chips anyway.) Turned out the car guys were wrong, millions of people wanted cars and trucks, but the automakers didn’t have enough chips for their cars and had to curb production. Fewer vehicles and strong demand led to higher new car prices, which cascaded to used car prices then to car rental rates. Net net, all the friction and slowness of getting things delivered now adds to costs which causes companies to raise prices.</p>\n<p>Another secondary effect of COVID which has been inflationary comes from employment,which I got into a bit last week.We all know millions were thrown out of work by COVID last year, many of whom were backstopped by government payments that could add up to $600 a week (state and federal.) These folks have been none too keen on coming back to work for minimum wage, or $290 a week. So to lure them back employers are having to pay more, which puts more money in people's pockets which allows stores for example to raise prices.</p>\n<p><b>Anti-inflation forces</b></p>\n<p>But here’s the big-time question: If COVID was temporary, and therefore its effects are temporary and inflation is one of its effects then doesn’t it follow, ipso facto, that inflation is (OK I’ll say it again), transitory?</p>\n<p>I say yes, (with a bit of a caveat.) And most economists, like Claudia Sahm, a senior fellow at the Jain Family Institute and a former Federal Reserve economist, agree. “‘Transitory’ has become a buzzword,” she says. “It is important to be more concrete about what we mean by that. We’re probably going to see in the next few months inflation numbers that are bigger than average, but as long as they keep stepping down, that’s the sign of it being transitory. If we didn’t see any sign of inflation stepping down some, it would’ve started feeling like ‘Houston, we have a problem.’”</p>\n<p>To buttress my argument beyond that above \"if-then\" syllogism, let’s take a look at why inflation has been so low for the past three decades.</p>\n<p>To me this is mostly obvious. Prices have been tamped down by the greatest anti-inflation force of our lifetime, that being technology, specifically the explosion of consumer technology. Think about it. The first wave of technology, a good example would be IBM mainframes, saved big companies money in back-office functions, savings which they mostly kept for themselves (higher profits) and their shareholders. But the four great landmark events in the advent of consumer technology; the introduction ofthe PC in 1974 (MITS Altair),the Netscape IPO of 1995,Google search in 1998,and the launch of theiPhone in 2007(I remember Steve Jobs demoing it to me like it was yesterday), greatly accelerated, broadened and deepened this deflationary trend.</p>\n<p>Not only has technology been pushing down the cost of everything from drilling for oil, to manufacturing clothes to farming, and allowing for the creation of groundbreaking (and deflationary) competitors like Uber, Airbnb and Netflix, but it also let consumers find—on their phones—the most affordable trip to Hawaii, the least expensive haircut or the best deal on Nikes.</p>\n<p>So technology has reduced the cost of almost everything and will continue to do so the rest of our lifetime. Bottom line: Unless something terrible happens, the power of technology will outweigh and outlive COVID.</p>\n<p>There is one mitigating factor and that is globalism, which is connected to both technology and COVID. Let me briefly explain.</p>\n<p>After World War II, most of humanity has become more and more connected in terms of trade, communication, travel, etc. (See supply chain above.) Technology of course was a major enabler here; better ships, planes and faster internet, all of which as it grew more potent, accelerated globalism. Another element was the introduction of political constructs like the World Trade Organization and NAFTA. (I think of the Clinton administration andChina joining the WTO in 2001as perhaps the high-water marks of globalization.)</p>\n<p>Like its technological cousin, globalism has deflationary effects particularly on the labor front as companies could more and more easily find lowest cost countries to produce goods and source materials. And like technology, globalization seemed inexorable, which it was, until it wasn’t. Political winds, manifested by the likes of Brexit and leaders like Putin, Xi Jinping, Erdogan, Bolsonaro, Duterte and of course Donald Trump have caused globalism to wane and anti-globalism and nationalism to wax.</p>\n<p>The internet too, once seen as only a great connector, has also become a global divider, as the world increasingly fractures into Chinese, U.S. and European walled digital zones when it comes to social media and search for example. Security risks, privacy, spying and hacking of course divide us further here too.</p>\n<p>So technology, which had made globalism stronger and stronger, now also makes it weaker and weaker.</p>\n<p>COVID plays a role in rethinking globalism as it exposes vulnerabilities in the supply chain. Companies that were rethinking their manufacturing in China but considering another country, are now wondering if it just makes sense to repatriate the whole shebang. Supply chains that were optimized for cost only are being rethought with security and reliability being factored in and that costs money.</p>\n<p>How significant is this decline in globalization and how permanent is it? Good questions. But my point here is whether or not \"globalism disrupted\" is transitory (!) or not, it could push prices up, (in the short and intermediate run at least), as cost is sacrificed for predictability. Longer term I say Americans are a resourceful people. We’ll figure out how to make cost effective stuff in the U.S. It’s also likely that globalism will trend upward again, though perhaps not as unfettered as it once was.</p>\n<p>More downward pressure on pricing could come from shifts in employment practices. Mark Zandi points out that “the work-from-anywhere dynamic could depress wage growth and prices. If I don’t need to work in New York anymore and could live in Tampa, it stands to reason my wage could get cut or I won’t get the same wage increase in the future.”</p>\n<p>And so what is Zandi’s take on transitory? “What we’re observing now is prices going back to pre-pandemic,” he says. “The price spikes we’re experiencing now will continue for the next few months through summer but certainly by the end of year, this time next year, they will have disappeared. I do think underlying inflation will be higher post-pandemic than pre-pandemic, but that’s a feature not a bug.”</p>\n<p>I don’t disagree. To me it’s simple: The technology wave I’ve described above is bigger than COVID and bigger than the rise and fall of globalism. And that is why, ladies and gentlemen, I believe inflation will be transitory, certainly in the long run. (Though I’m well aware of whatJohn Maynard Keynes said about the long run.)</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Answering the great inflation question of our time</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\">\nAnswering the great inflation question of our time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-20 09:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html><strong>finance.yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.\nUnfortunately pretty much everything else about inflation—a red hot topic these...</p>\n\n<a href=\"https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133385197","content_text":"Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.\nUnfortunately pretty much everything else about inflation—a red hot topic these days—is conjecture. And that’s vexing, not just for the dismal scientists (aka economists), but for all of us, because whether or not prices are really rising, by how much and for how long, has massive implications in our lives. Or as Mark Zandi, chief economist at Moody’s Analytics, says: “Inflation is one of the mysteries of economic study and thought. A difficult thing to gauge and forecast and get right. That’s why the risks are high.”\nThe current debate over inflation really revolves around two questions: First, is this current spate of inflation, just that, a spate—or to use Wall Street’s buzzword of the moment, “transitory,”—or not? (Just to give you an idea of how buzzy, when I Google the word “transitory” the search engine suggests “inflation” after it.) And second, transitory (aka temporary) inflation or not, what does it suggest for the economy and markets?\nBefore I get into that, let me lay out what’s going on with prices right now. First, know that inflation,which peaked in 1980 at an annualized rate of 13.55%,has been tame for quite some time, specifically 4% or less for nearly 30 years. Which means that anyone 40 years old or younger has no experience with inflation other than maybe from an Econ 101 textbook. Obviously that could be a problem.\nAs an aside I remember President Ford in 1974 trying to jawbone inflation down with his \"Whip Inflation Now\" campaign, which featured“Win” buttons,earringsand evenugly sweaters.None of this worked and it took draconian measures by Fed Chair Paul Volcker (raising rates and targeting money supply,as described by Former President of the Federal Reserve Bank of St. Louis, William Poole)to eventually tame inflation and keep it under wraps for all those years.\nUntil now perhaps. Last week theLabor Department reported that consumer prices (the CPI, or consumer price index) rose 5% in May,the fastest annual rate in nearly 13 years—which was when the economy was overheating from the housing boom which subsequently went bust and sent the economy off a cliff and into the Great Recession. Core inflation, which excludes volatile food and energy prices, was up 3.8%, the biggest increase since May 1992. (For the record, the likelihood of the economy tanking right now is de minimis.)\n\nUsed car and truck prices are a major driver of inflation, climbing 7.3% last month and 29.7% over the past year. New car prices are up too, which have pushed upshares of Ford and GM a remarkable 40% plus this year.Clearly Americans want to buy vehicles to go on vacation and get back to work. And Yahoo Finance’sJanna Herron reportsthat rents are rising at their fastest pace in 15 years.\nTo be sure, not all prices are climbing.As Yahoo Finance’s Rick Newman points out,prices are not up much at all for health care, education and are basically flat for technology, including computers, smartphones and internet service (an important point which we’ll get back to.)\nBut that’s the counterpoint really. Americans are obsessed with cars, housing is critical and many of us are experiencing sticker shock booking travel this summer. Higher prices are front and center. Wall Street too is in a tizzy about inflation, and concerns about it and more importantly Federal Reserve policy in response to inflation (see below), sent stocks lower with the S&P 500 down 1.91% this week, its worst week since February.\nGiven this backdrop, the tension (such as it is) was high when the Fed met this week to deliver its forecast and for Chair Jay Powell to answer questions from the media. Or at least so said hedge fund honcho Paul Tudor Jones,who characterized the proceedings on CNBCas “the most important meeting in [Chairman] Jay Powell’s career, certainly the most important Fed meeting of the past four or five years.” Jones was critical of the Fed, which he believes is now stimulating the economy unnecessarily by keeping interest rates low and by buying financial assets. Unnecessarily, Jones says, because the economy is already running hot and needs no support. The Fed (which is in the transitory camp when it comes to inflation) risks overheating the economy by creating runaway inflation, according to PTJ.\nNow I don’t see eye to eye with Jones on this, though I should point out, he's a billionaire from investing in financial markets, and let’s just say I’m not. I should also point out that Jones, 66, is in fact old enough to remember inflation, never mind that as a young man he called the 1987 stock market crash. So we should all ignore Jones at our peril.\nAs for what the Fed put forth this past Wednesday, well it wasn’t much, signaling an expectation ofraising interest rates twice by the end of 2023(yes, that is down the road.) And Powell, who’s become much more adept at not rippling the waters these days after some rougher forays earlier in his tenure, didn’t drop any bombshells in the presser.\nWhich brings us to the question of why the Federal Reserve isn’t so concerned about inflation and thinks it is mostly—here’s that word again—transitory. To answer that, we need to first address why prices are rising right now, which can be summed up in one very familiar abbreviation: COVID-19. When COVID hit last spring the economy collapsed, which crushed demand in sectors like leisure, travel and retail. Now the economy is roaring back to life and businesses can raise prices, certainly over 2020 levels.\n“We clearly should’ve expected it,” says William Spriggs, chief economist at the AFL-CIO and a professor of economics at Howard University. “You can’t shut down the economy and think you turn on the switch [without some inflation].”\n“We had a pandemic that forced an artificial shutdown of the economy in a way that even the collapse of the financial system and the housing market didn’t, and we had a snapback at a rate we’ve never seen before—not because of the fundamentals driving recovery but because of government,” says Joel Naroff, president and chief economist of Naroff Economics.\nCOVID had other secondary effects on the economy though, besides just ultimately producing a snapback. For one thing, the pandemic throttled supply chains, specifically the shipping of parts and components from one part of the globe to another. It also confused managers about how much to produce and therefore how many parts to order.\nA prime example here is what happened to the chip (semiconductor) and auto industrieswhich I wrote about last month.Car makers thought no one would buy vehicles during the pandemic and pared back their orders with chipmakers, (which were having a tough time shipping their chips anyway.) Turned out the car guys were wrong, millions of people wanted cars and trucks, but the automakers didn’t have enough chips for their cars and had to curb production. Fewer vehicles and strong demand led to higher new car prices, which cascaded to used car prices then to car rental rates. Net net, all the friction and slowness of getting things delivered now adds to costs which causes companies to raise prices.\nAnother secondary effect of COVID which has been inflationary comes from employment,which I got into a bit last week.We all know millions were thrown out of work by COVID last year, many of whom were backstopped by government payments that could add up to $600 a week (state and federal.) These folks have been none too keen on coming back to work for minimum wage, or $290 a week. So to lure them back employers are having to pay more, which puts more money in people's pockets which allows stores for example to raise prices.\nAnti-inflation forces\nBut here’s the big-time question: If COVID was temporary, and therefore its effects are temporary and inflation is one of its effects then doesn’t it follow, ipso facto, that inflation is (OK I’ll say it again), transitory?\nI say yes, (with a bit of a caveat.) And most economists, like Claudia Sahm, a senior fellow at the Jain Family Institute and a former Federal Reserve economist, agree. “‘Transitory’ has become a buzzword,” she says. “It is important to be more concrete about what we mean by that. We’re probably going to see in the next few months inflation numbers that are bigger than average, but as long as they keep stepping down, that’s the sign of it being transitory. If we didn’t see any sign of inflation stepping down some, it would’ve started feeling like ‘Houston, we have a problem.’”\nTo buttress my argument beyond that above \"if-then\" syllogism, let’s take a look at why inflation has been so low for the past three decades.\nTo me this is mostly obvious. Prices have been tamped down by the greatest anti-inflation force of our lifetime, that being technology, specifically the explosion of consumer technology. Think about it. The first wave of technology, a good example would be IBM mainframes, saved big companies money in back-office functions, savings which they mostly kept for themselves (higher profits) and their shareholders. But the four great landmark events in the advent of consumer technology; the introduction ofthe PC in 1974 (MITS Altair),the Netscape IPO of 1995,Google search in 1998,and the launch of theiPhone in 2007(I remember Steve Jobs demoing it to me like it was yesterday), greatly accelerated, broadened and deepened this deflationary trend.\nNot only has technology been pushing down the cost of everything from drilling for oil, to manufacturing clothes to farming, and allowing for the creation of groundbreaking (and deflationary) competitors like Uber, Airbnb and Netflix, but it also let consumers find—on their phones—the most affordable trip to Hawaii, the least expensive haircut or the best deal on Nikes.\nSo technology has reduced the cost of almost everything and will continue to do so the rest of our lifetime. Bottom line: Unless something terrible happens, the power of technology will outweigh and outlive COVID.\nThere is one mitigating factor and that is globalism, which is connected to both technology and COVID. Let me briefly explain.\nAfter World War II, most of humanity has become more and more connected in terms of trade, communication, travel, etc. (See supply chain above.) Technology of course was a major enabler here; better ships, planes and faster internet, all of which as it grew more potent, accelerated globalism. Another element was the introduction of political constructs like the World Trade Organization and NAFTA. (I think of the Clinton administration andChina joining the WTO in 2001as perhaps the high-water marks of globalization.)\nLike its technological cousin, globalism has deflationary effects particularly on the labor front as companies could more and more easily find lowest cost countries to produce goods and source materials. And like technology, globalization seemed inexorable, which it was, until it wasn’t. Political winds, manifested by the likes of Brexit and leaders like Putin, Xi Jinping, Erdogan, Bolsonaro, Duterte and of course Donald Trump have caused globalism to wane and anti-globalism and nationalism to wax.\nThe internet too, once seen as only a great connector, has also become a global divider, as the world increasingly fractures into Chinese, U.S. and European walled digital zones when it comes to social media and search for example. Security risks, privacy, spying and hacking of course divide us further here too.\nSo technology, which had made globalism stronger and stronger, now also makes it weaker and weaker.\nCOVID plays a role in rethinking globalism as it exposes vulnerabilities in the supply chain. Companies that were rethinking their manufacturing in China but considering another country, are now wondering if it just makes sense to repatriate the whole shebang. Supply chains that were optimized for cost only are being rethought with security and reliability being factored in and that costs money.\nHow significant is this decline in globalization and how permanent is it? Good questions. But my point here is whether or not \"globalism disrupted\" is transitory (!) or not, it could push prices up, (in the short and intermediate run at least), as cost is sacrificed for predictability. Longer term I say Americans are a resourceful people. We’ll figure out how to make cost effective stuff in the U.S. It’s also likely that globalism will trend upward again, though perhaps not as unfettered as it once was.\nMore downward pressure on pricing could come from shifts in employment practices. Mark Zandi points out that “the work-from-anywhere dynamic could depress wage growth and prices. If I don’t need to work in New York anymore and could live in Tampa, it stands to reason my wage could get cut or I won’t get the same wage increase in the future.”\nAnd so what is Zandi’s take on transitory? “What we’re observing now is prices going back to pre-pandemic,” he says. “The price spikes we’re experiencing now will continue for the next few months through summer but certainly by the end of year, this time next year, they will have disappeared. I do think underlying inflation will be higher post-pandemic than pre-pandemic, but that’s a feature not a bug.”\nI don’t disagree. To me it’s simple: The technology wave I’ve described above is bigger than COVID and bigger than the rise and fall of globalism. And that is why, ladies and gentlemen, I believe inflation will be transitory, certainly in the long run. (Though I’m well aware of whatJohn Maynard Keynes said about the long run.)","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":794,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166445800,"gmtCreate":1624023840700,"gmtModify":1703826855357,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581503131772819","authorIdStr":"3581503131772819"},"themes":[],"htmlText":"[Great]&nbsp;","listText":"[Great]&nbsp;","text":"[Great]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166445800","repostId":"2144757377","repostType":4,"isVote":1,"tweetType":1,"viewCount":1002,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182823497,"gmtCreate":1623563989019,"gmtModify":1704206292857,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581503131772819","authorIdStr":"3581503131772819"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182823497","repostId":"1185020128","repostType":4,"repost":{"id":"1185020128","kind":"news","pubTimestamp":1623537503,"share":"https://ttm.financial/m/news/1185020128?lang=en_US&edition=fundamental","pubTime":"2021-06-13 06:38","market":"us","language":"en","title":"Meme Stock Soars 1,000% To Lead These Two Top Small Cap Stock Plays","url":"https://stock-news.laohu8.com/highlight/detail?id=1185020128","media":"investors","summary":"GameStop may be the top holding in SPDR S&P 600 Small Cap Value, but that's not the only reason the ","content":"<p>GameStop may be the top holding in SPDR S&amp;P 600 Small Cap Value, but that's not the only reason the ETF is beating its growth-stock counterpart.</p>\n<p>The $4.2 billion value fund tracks the S&amp;P SmallCap 600 Value Index (SLYV), composed of stocks with the strongest value traits based on book value to price ratio, earnings to price ratio, and sales to price ratio. SLYV rallied 32% this year through Thursday's close.</p>\n<p>That more than doubles the return of its growth stock counterpart, SPDR S&amp;P 600 Small Cap Growth (SLYG), which is up 15%. The index SLYG tracks includes stocks with the strongest growth traits based on sales growth, earnings change to price and momentum.</p>\n<p>Back to SLYV, financials accounted for the biggest sector weight at 24% of assets. Industrials weighed in at about 17%, consumer discretionary 15% and real estate 10%. Information technology was next at 8% and materials, energy and health care, 6% each.&nbsp;Smaller positions in consumer staples, utilities and communication services made up the rest.</p>\n<p>SPDR S&amp;P 600 Small Cap Value is in IBD's ETF Leaders, but SPDR S&amp;P 600 Small Cap Growth is not.</p>\n<p><b>GameStop Stock Leads</b></p>\n<p><b>GameStop</b>(GME),<b>Macy's</b>(M),<b>PDC Energy</b>(PDCE),<b>Resideo Technologies</b>(REZI) and<b>BankUnited</b>(BKU) were the top five holdings as of Wednesday.</p>\n<p><b>Pacific Premier Bancorp</b>(PPBI),<b>Bed Bath &amp; Beyond</b>(BBBY),<b>Ameris Bancorp</b>(ABCB),<b>First Hawaiian</b>(FHB) and<b>Insight Enterprises</b>(NSIT) rounded out the top 10.</p>\n<p>GameStop has undergone wide swings this year. It rocketed about 2,500% early this year amid theshort-squeeze rallyfueled by the Reddit/WallStreetBets crowd.GME stockthen crashed 92% from a Jan. 28 high to its mid-February low. That was followed by an 805% surge the next three weeks, and a 66% drop over the next two weeks.</p>\n<p>Action had been relatively subdued since, until Thursday's 27% dive. Even after that, GameStop stock was up 1,070% year to date through Thursday's close.</p>\n<p>Could GME be inflating SLYV's performance? Certainly, given its quadruple-digit gain. But a look at SLYG's portfolio is interesting. GameStop stock is also the top holding in the growth stock ETF, though the rest of the top 10 differ vastly.</p>\n<p><b>Second Meme Stock In Top 10</b></p>\n<p>PDC Energy, up 130%, saw the next biggest gain in the top 10. The Colorado-based oil and gas explorer has a 97Relative Strength Rating, which mean it's in the top 3% of all stocks. Its relative strength line is at a 52-week high, a bullish sign.</p>\n<p>Bed Bath &amp; Beyond, another meme stock, is up 78% this year. Shares surged more than 200% in January, amid a spate of wild double-digit swings. BBBY stock then gave back the bulk of its gains.</p>\n<p>But the home goods retailer appears to be back on the radar of the WallStreetBets discussion group. On June 2, Bed Bath &amp; Beyond soared 62% before diving 28% the next session.</p>\n<p>The rest of the top 10 stocks have also outperformed the broader market. Macy's is up 68% year to date, while Resideo, Pacific Premier and Ameris have risen more than 40% each. The lowest gainer, bank holding company First Hawaiian, has advanced 20%. The S&amp;P 500 held a 13% gain through Thursday's close.</p>\n<p>SLYV remains in potential buy range from an 87.29entryof acup with handle, according toMarketSmithchart analysis.&nbsp;SLYV and SLYG charge a 0.15% expense ratio.</p>","source":"lsy1610449120050","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>Meme Stock Soars 1,000% To Lead These Two Top Small Cap Stock Plays</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\">\nMeme Stock Soars 1,000% To Lead These Two Top Small Cap Stock Plays\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-13 06:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/etfs-and-funds/etf-leaders/gamestop-stock-soars-1000-percent-lead-two-top-small-cap-stock-plays/?src=A00220><strong>investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop may be the top holding in SPDR S&P 600 Small Cap Value, but that's not the only reason the ETF is beating its growth-stock counterpart.\nThe $4.2 billion value fund tracks the S&P SmallCap 600...</p>\n\n<a href=\"https://www.investors.com/etfs-and-funds/etf-leaders/gamestop-stock-soars-1000-percent-lead-two-top-small-cap-stock-plays/?src=A00220\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDCE":"PDC Energy","BBBY":"Bed Bath & Beyond, Inc."},"source_url":"https://www.investors.com/etfs-and-funds/etf-leaders/gamestop-stock-soars-1000-percent-lead-two-top-small-cap-stock-plays/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185020128","content_text":"GameStop may be the top holding in SPDR S&P 600 Small Cap Value, but that's not the only reason the ETF is beating its growth-stock counterpart.\nThe $4.2 billion value fund tracks the S&P SmallCap 600 Value Index (SLYV), composed of stocks with the strongest value traits based on book value to price ratio, earnings to price ratio, and sales to price ratio. SLYV rallied 32% this year through Thursday's close.\nThat more than doubles the return of its growth stock counterpart, SPDR S&P 600 Small Cap Growth (SLYG), which is up 15%. The index SLYG tracks includes stocks with the strongest growth traits based on sales growth, earnings change to price and momentum.\nBack to SLYV, financials accounted for the biggest sector weight at 24% of assets. Industrials weighed in at about 17%, consumer discretionary 15% and real estate 10%. Information technology was next at 8% and materials, energy and health care, 6% each. Smaller positions in consumer staples, utilities and communication services made up the rest.\nSPDR S&P 600 Small Cap Value is in IBD's ETF Leaders, but SPDR S&P 600 Small Cap Growth is not.\nGameStop Stock Leads\nGameStop(GME),Macy's(M),PDC Energy(PDCE),Resideo Technologies(REZI) andBankUnited(BKU) were the top five holdings as of Wednesday.\nPacific Premier Bancorp(PPBI),Bed Bath & Beyond(BBBY),Ameris Bancorp(ABCB),First Hawaiian(FHB) andInsight Enterprises(NSIT) rounded out the top 10.\nGameStop has undergone wide swings this year. It rocketed about 2,500% early this year amid theshort-squeeze rallyfueled by the Reddit/WallStreetBets crowd.GME stockthen crashed 92% from a Jan. 28 high to its mid-February low. That was followed by an 805% surge the next three weeks, and a 66% drop over the next two weeks.\nAction had been relatively subdued since, until Thursday's 27% dive. Even after that, GameStop stock was up 1,070% year to date through Thursday's close.\nCould GME be inflating SLYV's performance? Certainly, given its quadruple-digit gain. But a look at SLYG's portfolio is interesting. GameStop stock is also the top holding in the growth stock ETF, though the rest of the top 10 differ vastly.\nSecond Meme Stock In Top 10\nPDC Energy, up 130%, saw the next biggest gain in the top 10. The Colorado-based oil and gas explorer has a 97Relative Strength Rating, which mean it's in the top 3% of all stocks. Its relative strength line is at a 52-week high, a bullish sign.\nBed Bath & Beyond, another meme stock, is up 78% this year. Shares surged more than 200% in January, amid a spate of wild double-digit swings. BBBY stock then gave back the bulk of its gains.\nBut the home goods retailer appears to be back on the radar of the WallStreetBets discussion group. On June 2, Bed Bath & Beyond soared 62% before diving 28% the next session.\nThe rest of the top 10 stocks have also outperformed the broader market. Macy's is up 68% year to date, while Resideo, Pacific Premier and Ameris have risen more than 40% each. The lowest gainer, bank holding company First Hawaiian, has advanced 20%. The S&P 500 held a 13% gain through Thursday's close.\nSLYV remains in potential buy range from an 87.29entryof acup with handle, according toMarketSmithchart analysis. SLYV and SLYG charge a 0.15% expense ratio.","news_type":1,"symbols_score_info":{"BBBY":0.9,"PDCE":0.9}},"isVote":1,"tweetType":1,"viewCount":720,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":164873051,"gmtCreate":1624196195273,"gmtModify":1703830463744,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/164873051","repostId":"1133385197","repostType":4,"repost":{"id":"1133385197","kind":"news","pubTimestamp":1624151969,"share":"https://ttm.financial/m/news/1133385197?lang=en_US&edition=fundamental","pubTime":"2021-06-20 09:19","market":"us","language":"en","title":"Answering the great inflation question of our time","url":"https://stock-news.laohu8.com/highlight/detail?id=1133385197","media":"finance.yahoo","summary":"Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up","content":"<p>Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.</p>\n<p>Unfortunately pretty much everything else about inflation—a red hot topic these days—is conjecture. And that’s vexing, not just for the dismal scientists (aka economists), but for all of us, because whether or not prices are really rising, by how much and for how long, has massive implications in our lives. Or as Mark Zandi, chief economist at Moody’s Analytics, says: “Inflation is one of the mysteries of economic study and thought. A difficult thing to gauge and forecast and get right. That’s why the risks are high.”</p>\n<p>The current debate over inflation really revolves around two questions: First, is this current spate of inflation, just that, a spate—or to use Wall Street’s buzzword of the moment, “transitory,”—or not? (Just to give you an idea of how buzzy, when I Google the word “transitory” the search engine suggests “inflation” after it.) And second, transitory (aka temporary) inflation or not, what does it suggest for the economy and markets?</p>\n<p>Before I get into that, let me lay out what’s going on with prices right now. First, know that inflation,which peaked in 1980 at an annualized rate of 13.55%,has been tame for quite some time, specifically 4% or less for nearly 30 years. Which means that anyone 40 years old or younger has no experience with inflation other than maybe from an Econ 101 textbook. Obviously that could be a problem.</p>\n<p>As an aside I remember President Ford in 1974 trying to jawbone inflation down with his \"Whip Inflation Now\" campaign, which featured“Win” buttons,earringsand evenugly sweaters.None of this worked and it took draconian measures by Fed Chair Paul Volcker (raising rates and targeting money supply,as described by Former President of the Federal Reserve Bank of St. Louis, William Poole)to eventually tame inflation and keep it under wraps for all those years.</p>\n<p>Until now perhaps. Last week theLabor Department reported that consumer prices (the CPI, or consumer price index) rose 5% in May,the fastest annual rate in nearly 13 years—which was when the economy was overheating from the housing boom which subsequently went bust and sent the economy off a cliff and into the Great Recession. Core inflation, which excludes volatile food and energy prices, was up 3.8%, the biggest increase since May 1992. (For the record, the likelihood of the economy tanking right now is de minimis.)</p>\n<p><img src=\"https://static.tigerbbs.com/87f75dfcb98fb5a0e7c3f9d3f8d336e2\" tg-width=\"705\" tg-height=\"412\" referrerpolicy=\"no-referrer\"></p>\n<p>Used car and truck prices are a major driver of inflation, climbing 7.3% last month and 29.7% over the past year. New car prices are up too, which have pushed upshares of Ford and GM a remarkable 40% plus this year.Clearly Americans want to buy vehicles to go on vacation and get back to work. And Yahoo Finance’sJanna Herron reportsthat rents are rising at their fastest pace in 15 years.</p>\n<p>To be sure, not all prices are climbing.As Yahoo Finance’s Rick Newman points out,prices are not up much at all for health care, education and are basically flat for technology, including computers, smartphones and internet service (an important point which we’ll get back to.)</p>\n<p>But that’s the counterpoint really. Americans are obsessed with cars, housing is critical and many of us are experiencing sticker shock booking travel this summer. Higher prices are front and center. Wall Street too is in a tizzy about inflation, and concerns about it and more importantly Federal Reserve policy in response to inflation (see below), sent stocks lower with the S&amp;P 500 down 1.91% this week, its worst week since February.</p>\n<p>Given this backdrop, the tension (such as it is) was high when the Fed met this week to deliver its forecast and for Chair Jay Powell to answer questions from the media. Or at least so said hedge fund honcho Paul Tudor Jones,who characterized the proceedings on CNBCas “the most important meeting in [Chairman] Jay Powell’s career, certainly the most important Fed meeting of the past four or five years.” Jones was critical of the Fed, which he believes is now stimulating the economy unnecessarily by keeping interest rates low and by buying financial assets. Unnecessarily, Jones says, because the economy is already running hot and needs no support. The Fed (which is in the transitory camp when it comes to inflation) risks overheating the economy by creating runaway inflation, according to PTJ.</p>\n<p>Now I don’t see eye to eye with Jones on this, though I should point out, he's a billionaire from investing in financial markets, and let’s just say I’m not. I should also point out that Jones, 66, is in fact old enough to remember inflation, never mind that as a young man he called the 1987 stock market crash. So we should all ignore Jones at our peril.</p>\n<p>As for what the Fed put forth this past Wednesday, well it wasn’t much, signaling an expectation ofraising interest rates twice by the end of 2023(yes, that is down the road.) And Powell, who’s become much more adept at not rippling the waters these days after some rougher forays earlier in his tenure, didn’t drop any bombshells in the presser.</p>\n<p>Which brings us to the question of why the Federal Reserve isn’t so concerned about inflation and thinks it is mostly—here’s that word again—transitory. To answer that, we need to first address why prices are rising right now, which can be summed up in one very familiar abbreviation: COVID-19. When COVID hit last spring the economy collapsed, which crushed demand in sectors like leisure, travel and retail. Now the economy is roaring back to life and businesses can raise prices, certainly over 2020 levels.</p>\n<p>“We clearly should’ve expected it,” says William Spriggs, chief economist at the AFL-CIO and a professor of economics at Howard University. “You can’t shut down the economy and think you turn on the switch [without some inflation].”</p>\n<p>“We had a pandemic that forced an artificial shutdown of the economy in a way that even the collapse of the financial system and the housing market didn’t, and we had a snapback at a rate we’ve never seen before—not because of the fundamentals driving recovery but because of government,” says Joel Naroff, president and chief economist of Naroff Economics.</p>\n<p>COVID had other secondary effects on the economy though, besides just ultimately producing a snapback. For one thing, the pandemic throttled supply chains, specifically the shipping of parts and components from one part of the globe to another. It also confused managers about how much to produce and therefore how many parts to order.</p>\n<p>A prime example here is what happened to the chip (semiconductor) and auto industrieswhich I wrote about last month.Car makers thought no one would buy vehicles during the pandemic and pared back their orders with chipmakers, (which were having a tough time shipping their chips anyway.) Turned out the car guys were wrong, millions of people wanted cars and trucks, but the automakers didn’t have enough chips for their cars and had to curb production. Fewer vehicles and strong demand led to higher new car prices, which cascaded to used car prices then to car rental rates. Net net, all the friction and slowness of getting things delivered now adds to costs which causes companies to raise prices.</p>\n<p>Another secondary effect of COVID which has been inflationary comes from employment,which I got into a bit last week.We all know millions were thrown out of work by COVID last year, many of whom were backstopped by government payments that could add up to $600 a week (state and federal.) These folks have been none too keen on coming back to work for minimum wage, or $290 a week. So to lure them back employers are having to pay more, which puts more money in people's pockets which allows stores for example to raise prices.</p>\n<p><b>Anti-inflation forces</b></p>\n<p>But here’s the big-time question: If COVID was temporary, and therefore its effects are temporary and inflation is one of its effects then doesn’t it follow, ipso facto, that inflation is (OK I’ll say it again), transitory?</p>\n<p>I say yes, (with a bit of a caveat.) And most economists, like Claudia Sahm, a senior fellow at the Jain Family Institute and a former Federal Reserve economist, agree. “‘Transitory’ has become a buzzword,” she says. “It is important to be more concrete about what we mean by that. We’re probably going to see in the next few months inflation numbers that are bigger than average, but as long as they keep stepping down, that’s the sign of it being transitory. If we didn’t see any sign of inflation stepping down some, it would’ve started feeling like ‘Houston, we have a problem.’”</p>\n<p>To buttress my argument beyond that above \"if-then\" syllogism, let’s take a look at why inflation has been so low for the past three decades.</p>\n<p>To me this is mostly obvious. Prices have been tamped down by the greatest anti-inflation force of our lifetime, that being technology, specifically the explosion of consumer technology. Think about it. The first wave of technology, a good example would be IBM mainframes, saved big companies money in back-office functions, savings which they mostly kept for themselves (higher profits) and their shareholders. But the four great landmark events in the advent of consumer technology; the introduction ofthe PC in 1974 (MITS Altair),the Netscape IPO of 1995,Google search in 1998,and the launch of theiPhone in 2007(I remember Steve Jobs demoing it to me like it was yesterday), greatly accelerated, broadened and deepened this deflationary trend.</p>\n<p>Not only has technology been pushing down the cost of everything from drilling for oil, to manufacturing clothes to farming, and allowing for the creation of groundbreaking (and deflationary) competitors like Uber, Airbnb and Netflix, but it also let consumers find—on their phones—the most affordable trip to Hawaii, the least expensive haircut or the best deal on Nikes.</p>\n<p>So technology has reduced the cost of almost everything and will continue to do so the rest of our lifetime. Bottom line: Unless something terrible happens, the power of technology will outweigh and outlive COVID.</p>\n<p>There is one mitigating factor and that is globalism, which is connected to both technology and COVID. Let me briefly explain.</p>\n<p>After World War II, most of humanity has become more and more connected in terms of trade, communication, travel, etc. (See supply chain above.) Technology of course was a major enabler here; better ships, planes and faster internet, all of which as it grew more potent, accelerated globalism. Another element was the introduction of political constructs like the World Trade Organization and NAFTA. (I think of the Clinton administration andChina joining the WTO in 2001as perhaps the high-water marks of globalization.)</p>\n<p>Like its technological cousin, globalism has deflationary effects particularly on the labor front as companies could more and more easily find lowest cost countries to produce goods and source materials. And like technology, globalization seemed inexorable, which it was, until it wasn’t. Political winds, manifested by the likes of Brexit and leaders like Putin, Xi Jinping, Erdogan, Bolsonaro, Duterte and of course Donald Trump have caused globalism to wane and anti-globalism and nationalism to wax.</p>\n<p>The internet too, once seen as only a great connector, has also become a global divider, as the world increasingly fractures into Chinese, U.S. and European walled digital zones when it comes to social media and search for example. Security risks, privacy, spying and hacking of course divide us further here too.</p>\n<p>So technology, which had made globalism stronger and stronger, now also makes it weaker and weaker.</p>\n<p>COVID plays a role in rethinking globalism as it exposes vulnerabilities in the supply chain. Companies that were rethinking their manufacturing in China but considering another country, are now wondering if it just makes sense to repatriate the whole shebang. Supply chains that were optimized for cost only are being rethought with security and reliability being factored in and that costs money.</p>\n<p>How significant is this decline in globalization and how permanent is it? Good questions. But my point here is whether or not \"globalism disrupted\" is transitory (!) or not, it could push prices up, (in the short and intermediate run at least), as cost is sacrificed for predictability. Longer term I say Americans are a resourceful people. We’ll figure out how to make cost effective stuff in the U.S. It’s also likely that globalism will trend upward again, though perhaps not as unfettered as it once was.</p>\n<p>More downward pressure on pricing could come from shifts in employment practices. Mark Zandi points out that “the work-from-anywhere dynamic could depress wage growth and prices. If I don’t need to work in New York anymore and could live in Tampa, it stands to reason my wage could get cut or I won’t get the same wage increase in the future.”</p>\n<p>And so what is Zandi’s take on transitory? “What we’re observing now is prices going back to pre-pandemic,” he says. “The price spikes we’re experiencing now will continue for the next few months through summer but certainly by the end of year, this time next year, they will have disappeared. I do think underlying inflation will be higher post-pandemic than pre-pandemic, but that’s a feature not a bug.”</p>\n<p>I don’t disagree. To me it’s simple: The technology wave I’ve described above is bigger than COVID and bigger than the rise and fall of globalism. And that is why, ladies and gentlemen, I believe inflation will be transitory, certainly in the long run. (Though I’m well aware of whatJohn Maynard Keynes said about the long run.)</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Answering the great inflation question of our time</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\">\nAnswering the great inflation question of our time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-20 09:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html><strong>finance.yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.\nUnfortunately pretty much everything else about inflation—a red hot topic these...</p>\n\n<a href=\"https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133385197","content_text":"Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.\nUnfortunately pretty much everything else about inflation—a red hot topic these days—is conjecture. And that’s vexing, not just for the dismal scientists (aka economists), but for all of us, because whether or not prices are really rising, by how much and for how long, has massive implications in our lives. Or as Mark Zandi, chief economist at Moody’s Analytics, says: “Inflation is one of the mysteries of economic study and thought. A difficult thing to gauge and forecast and get right. That’s why the risks are high.”\nThe current debate over inflation really revolves around two questions: First, is this current spate of inflation, just that, a spate—or to use Wall Street’s buzzword of the moment, “transitory,”—or not? (Just to give you an idea of how buzzy, when I Google the word “transitory” the search engine suggests “inflation” after it.) And second, transitory (aka temporary) inflation or not, what does it suggest for the economy and markets?\nBefore I get into that, let me lay out what’s going on with prices right now. First, know that inflation,which peaked in 1980 at an annualized rate of 13.55%,has been tame for quite some time, specifically 4% or less for nearly 30 years. Which means that anyone 40 years old or younger has no experience with inflation other than maybe from an Econ 101 textbook. Obviously that could be a problem.\nAs an aside I remember President Ford in 1974 trying to jawbone inflation down with his \"Whip Inflation Now\" campaign, which featured“Win” buttons,earringsand evenugly sweaters.None of this worked and it took draconian measures by Fed Chair Paul Volcker (raising rates and targeting money supply,as described by Former President of the Federal Reserve Bank of St. Louis, William Poole)to eventually tame inflation and keep it under wraps for all those years.\nUntil now perhaps. Last week theLabor Department reported that consumer prices (the CPI, or consumer price index) rose 5% in May,the fastest annual rate in nearly 13 years—which was when the economy was overheating from the housing boom which subsequently went bust and sent the economy off a cliff and into the Great Recession. Core inflation, which excludes volatile food and energy prices, was up 3.8%, the biggest increase since May 1992. (For the record, the likelihood of the economy tanking right now is de minimis.)\n\nUsed car and truck prices are a major driver of inflation, climbing 7.3% last month and 29.7% over the past year. New car prices are up too, which have pushed upshares of Ford and GM a remarkable 40% plus this year.Clearly Americans want to buy vehicles to go on vacation and get back to work. And Yahoo Finance’sJanna Herron reportsthat rents are rising at their fastest pace in 15 years.\nTo be sure, not all prices are climbing.As Yahoo Finance’s Rick Newman points out,prices are not up much at all for health care, education and are basically flat for technology, including computers, smartphones and internet service (an important point which we’ll get back to.)\nBut that’s the counterpoint really. Americans are obsessed with cars, housing is critical and many of us are experiencing sticker shock booking travel this summer. Higher prices are front and center. Wall Street too is in a tizzy about inflation, and concerns about it and more importantly Federal Reserve policy in response to inflation (see below), sent stocks lower with the S&P 500 down 1.91% this week, its worst week since February.\nGiven this backdrop, the tension (such as it is) was high when the Fed met this week to deliver its forecast and for Chair Jay Powell to answer questions from the media. Or at least so said hedge fund honcho Paul Tudor Jones,who characterized the proceedings on CNBCas “the most important meeting in [Chairman] Jay Powell’s career, certainly the most important Fed meeting of the past four or five years.” Jones was critical of the Fed, which he believes is now stimulating the economy unnecessarily by keeping interest rates low and by buying financial assets. Unnecessarily, Jones says, because the economy is already running hot and needs no support. The Fed (which is in the transitory camp when it comes to inflation) risks overheating the economy by creating runaway inflation, according to PTJ.\nNow I don’t see eye to eye with Jones on this, though I should point out, he's a billionaire from investing in financial markets, and let’s just say I’m not. I should also point out that Jones, 66, is in fact old enough to remember inflation, never mind that as a young man he called the 1987 stock market crash. So we should all ignore Jones at our peril.\nAs for what the Fed put forth this past Wednesday, well it wasn’t much, signaling an expectation ofraising interest rates twice by the end of 2023(yes, that is down the road.) And Powell, who’s become much more adept at not rippling the waters these days after some rougher forays earlier in his tenure, didn’t drop any bombshells in the presser.\nWhich brings us to the question of why the Federal Reserve isn’t so concerned about inflation and thinks it is mostly—here’s that word again—transitory. To answer that, we need to first address why prices are rising right now, which can be summed up in one very familiar abbreviation: COVID-19. When COVID hit last spring the economy collapsed, which crushed demand in sectors like leisure, travel and retail. Now the economy is roaring back to life and businesses can raise prices, certainly over 2020 levels.\n“We clearly should’ve expected it,” says William Spriggs, chief economist at the AFL-CIO and a professor of economics at Howard University. “You can’t shut down the economy and think you turn on the switch [without some inflation].”\n“We had a pandemic that forced an artificial shutdown of the economy in a way that even the collapse of the financial system and the housing market didn’t, and we had a snapback at a rate we’ve never seen before—not because of the fundamentals driving recovery but because of government,” says Joel Naroff, president and chief economist of Naroff Economics.\nCOVID had other secondary effects on the economy though, besides just ultimately producing a snapback. For one thing, the pandemic throttled supply chains, specifically the shipping of parts and components from one part of the globe to another. It also confused managers about how much to produce and therefore how many parts to order.\nA prime example here is what happened to the chip (semiconductor) and auto industrieswhich I wrote about last month.Car makers thought no one would buy vehicles during the pandemic and pared back their orders with chipmakers, (which were having a tough time shipping their chips anyway.) Turned out the car guys were wrong, millions of people wanted cars and trucks, but the automakers didn’t have enough chips for their cars and had to curb production. Fewer vehicles and strong demand led to higher new car prices, which cascaded to used car prices then to car rental rates. Net net, all the friction and slowness of getting things delivered now adds to costs which causes companies to raise prices.\nAnother secondary effect of COVID which has been inflationary comes from employment,which I got into a bit last week.We all know millions were thrown out of work by COVID last year, many of whom were backstopped by government payments that could add up to $600 a week (state and federal.) These folks have been none too keen on coming back to work for minimum wage, or $290 a week. So to lure them back employers are having to pay more, which puts more money in people's pockets which allows stores for example to raise prices.\nAnti-inflation forces\nBut here’s the big-time question: If COVID was temporary, and therefore its effects are temporary and inflation is one of its effects then doesn’t it follow, ipso facto, that inflation is (OK I’ll say it again), transitory?\nI say yes, (with a bit of a caveat.) And most economists, like Claudia Sahm, a senior fellow at the Jain Family Institute and a former Federal Reserve economist, agree. “‘Transitory’ has become a buzzword,” she says. “It is important to be more concrete about what we mean by that. We’re probably going to see in the next few months inflation numbers that are bigger than average, but as long as they keep stepping down, that’s the sign of it being transitory. If we didn’t see any sign of inflation stepping down some, it would’ve started feeling like ‘Houston, we have a problem.’”\nTo buttress my argument beyond that above \"if-then\" syllogism, let’s take a look at why inflation has been so low for the past three decades.\nTo me this is mostly obvious. Prices have been tamped down by the greatest anti-inflation force of our lifetime, that being technology, specifically the explosion of consumer technology. Think about it. The first wave of technology, a good example would be IBM mainframes, saved big companies money in back-office functions, savings which they mostly kept for themselves (higher profits) and their shareholders. But the four great landmark events in the advent of consumer technology; the introduction ofthe PC in 1974 (MITS Altair),the Netscape IPO of 1995,Google search in 1998,and the launch of theiPhone in 2007(I remember Steve Jobs demoing it to me like it was yesterday), greatly accelerated, broadened and deepened this deflationary trend.\nNot only has technology been pushing down the cost of everything from drilling for oil, to manufacturing clothes to farming, and allowing for the creation of groundbreaking (and deflationary) competitors like Uber, Airbnb and Netflix, but it also let consumers find—on their phones—the most affordable trip to Hawaii, the least expensive haircut or the best deal on Nikes.\nSo technology has reduced the cost of almost everything and will continue to do so the rest of our lifetime. Bottom line: Unless something terrible happens, the power of technology will outweigh and outlive COVID.\nThere is one mitigating factor and that is globalism, which is connected to both technology and COVID. Let me briefly explain.\nAfter World War II, most of humanity has become more and more connected in terms of trade, communication, travel, etc. (See supply chain above.) Technology of course was a major enabler here; better ships, planes and faster internet, all of which as it grew more potent, accelerated globalism. Another element was the introduction of political constructs like the World Trade Organization and NAFTA. (I think of the Clinton administration andChina joining the WTO in 2001as perhaps the high-water marks of globalization.)\nLike its technological cousin, globalism has deflationary effects particularly on the labor front as companies could more and more easily find lowest cost countries to produce goods and source materials. And like technology, globalization seemed inexorable, which it was, until it wasn’t. Political winds, manifested by the likes of Brexit and leaders like Putin, Xi Jinping, Erdogan, Bolsonaro, Duterte and of course Donald Trump have caused globalism to wane and anti-globalism and nationalism to wax.\nThe internet too, once seen as only a great connector, has also become a global divider, as the world increasingly fractures into Chinese, U.S. and European walled digital zones when it comes to social media and search for example. Security risks, privacy, spying and hacking of course divide us further here too.\nSo technology, which had made globalism stronger and stronger, now also makes it weaker and weaker.\nCOVID plays a role in rethinking globalism as it exposes vulnerabilities in the supply chain. Companies that were rethinking their manufacturing in China but considering another country, are now wondering if it just makes sense to repatriate the whole shebang. Supply chains that were optimized for cost only are being rethought with security and reliability being factored in and that costs money.\nHow significant is this decline in globalization and how permanent is it? Good questions. But my point here is whether or not \"globalism disrupted\" is transitory (!) or not, it could push prices up, (in the short and intermediate run at least), as cost is sacrificed for predictability. Longer term I say Americans are a resourceful people. We’ll figure out how to make cost effective stuff in the U.S. It’s also likely that globalism will trend upward again, though perhaps not as unfettered as it once was.\nMore downward pressure on pricing could come from shifts in employment practices. Mark Zandi points out that “the work-from-anywhere dynamic could depress wage growth and prices. If I don’t need to work in New York anymore and could live in Tampa, it stands to reason my wage could get cut or I won’t get the same wage increase in the future.”\nAnd so what is Zandi’s take on transitory? “What we’re observing now is prices going back to pre-pandemic,” he says. “The price spikes we’re experiencing now will continue for the next few months through summer but certainly by the end of year, this time next year, they will have disappeared. I do think underlying inflation will be higher post-pandemic than pre-pandemic, but that’s a feature not a bug.”\nI don’t disagree. To me it’s simple: The technology wave I’ve described above is bigger than COVID and bigger than the rise and fall of globalism. And that is why, ladies and gentlemen, I believe inflation will be transitory, certainly in the long run. (Though I’m well aware of whatJohn Maynard Keynes said about the long run.)","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":794,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896883636,"gmtCreate":1628568991925,"gmtModify":1703508283670,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"Weeeee","listText":"Weeeee","text":"Weeeee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896883636","repostId":"1196813173","repostType":4,"isVote":1,"tweetType":1,"viewCount":1557,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127678773,"gmtCreate":1624848488492,"gmtModify":1703846119526,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127678773","repostId":"2146007118","repostType":4,"isVote":1,"tweetType":1,"viewCount":1899,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125288278,"gmtCreate":1624675275494,"gmtModify":1703843378586,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"[Grin]&nbsp;","listText":"[Grin]&nbsp;","text":"[Grin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125288278","repostId":"1108941456","repostType":4,"isVote":1,"tweetType":1,"viewCount":1717,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805815164,"gmtCreate":1627869680658,"gmtModify":1703496853866,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805815164","repostId":"1156618547","repostType":4,"isVote":1,"tweetType":1,"viewCount":1702,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150201608,"gmtCreate":1624900036904,"gmtModify":1703847574508,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"[Surprised]&nbsp;","listText":"[Surprised]&nbsp;","text":"[Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150201608","repostId":"2146583398","repostType":4,"isVote":1,"tweetType":1,"viewCount":3241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124854939,"gmtCreate":1624759671321,"gmtModify":1703844552291,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124854939","repostId":"1172710941","repostType":4,"repost":{"id":"1172710941","kind":"news","pubTimestamp":1624753126,"share":"https://ttm.financial/m/news/1172710941?lang=en_US&edition=fundamental","pubTime":"2021-06-27 08:18","market":"us","language":"en","title":"GameStop Joined the Russell 1000. The Move Might Hurt the Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1172710941","media":"Barrons","summary":"The Reddit army has succeeded in launching GameStop to a new stratosphere—but it could actually hurt the stock in the short-term.The videogame retailer officially made it into the Russell 1000 index,FTSE Russell announced on Saturday. The Russell 1000 tracks large-capitalization stocks—and in order to be included in the latest index reconstitution, stocks had to have market caps of at least $7.3 billion on May 7.As one of the stocks favored by retail traders this year, GameStop  met that thresho","content":"<p>The Reddit army has succeeded in launching&nbsp;GameStop&nbsp;to a new stratosphere—but it could actually hurt the stock in the short-term.</p>\n<p>The videogame retailer officially made it into the&nbsp;Russell 1000 index,FTSE Russell announced on Saturday. The Russell 1000 tracks large-capitalization stocks—and in order to be included in the latest index reconstitution, stocks had to have market caps of at least $7.3 billion on May 7.</p>\n<p>As one of the&nbsp;stocks favored by retail traders this year, GameStop (ticker: GME) met that threshold because it had an $11.2 billion market cap by the deadline, while&nbsp;AMC Entertainment(AMC) didn’t. That said, AMC has rocketed higher since May 7, multiplying by more than five times and surpassing GameStop’s market value—hitting a recent $27 billion compared to GameStop’s $15 billion.</p>\n<p>It may seem counterintuitive, but the Russell 1000 “promotion” may actually be bad for GameStop’s stock,as&nbsp;Barron’s&nbsp;explained earlier this month.Funds that track the small-capRussell 2000will have to sell GameStop shares on June 28, and funds that track the Russell 1000 will have to buy them. Three times as much money is invested in funds that track the Russell 1000, but GameStop’s overall weight in that index will be much lower than it has been in the Russell 2000. In the Russell 2000, GameStop made up about half a percentage point of the index, while it will be less than 0.1% of the Russell 1000. GameStop will look tiny next to behemoths like&nbsp;Apple(AAPL).</p>\n<p>Experts like Jefferies strategist Steven DeSanctis expect that there will be net selling in GameStop of about 5 million shares, or about half of the stock’s recent average daily volume, after the rebalancing.</p>\n<p>Meanwhile, AMC will be the largest member of the Russell 2000 by far—more than three times as large as its nearest competitor as of last week. See the full post-rebalancing list of Russell 1000 stocks&nbsp;<a href=\"https://content.ftserussell.com/sites/default/files/ru1000_membershiplist_20210628.pdf\" target=\"_blank\">here</a>&nbsp;and Russell 2000 stocks&nbsp;<a href=\"https://content.ftserussell.com/sites/default/files/ru2000_membershiplist_20210628.pdf\" target=\"_blank\">here</a>.</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>GameStop Joined the Russell 1000. The Move Might Hurt the Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Joined the Russell 1000. The Move Might Hurt the Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/gamestop-stock-russell-1000-51624729113?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Reddit army has succeeded in launching GameStop to a new stratosphere—but it could actually hurt the stock in the short-term.\nThe videogame retailer officially made it into the Russell 1000 index,...</p>\n\n<a href=\"https://www.barrons.com/articles/gamestop-stock-russell-1000-51624729113?mod=hp_LATEST\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/gamestop-stock-russell-1000-51624729113?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172710941","content_text":"The Reddit army has succeeded in launching GameStop to a new stratosphere—but it could actually hurt the stock in the short-term.\nThe videogame retailer officially made it into the Russell 1000 index,FTSE Russell announced on Saturday. The Russell 1000 tracks large-capitalization stocks—and in order to be included in the latest index reconstitution, stocks had to have market caps of at least $7.3 billion on May 7.\nAs one of the stocks favored by retail traders this year, GameStop (ticker: GME) met that threshold because it had an $11.2 billion market cap by the deadline, while AMC Entertainment(AMC) didn’t. That said, AMC has rocketed higher since May 7, multiplying by more than five times and surpassing GameStop’s market value—hitting a recent $27 billion compared to GameStop’s $15 billion.\nIt may seem counterintuitive, but the Russell 1000 “promotion” may actually be bad for GameStop’s stock,as Barron’s explained earlier this month.Funds that track the small-capRussell 2000will have to sell GameStop shares on June 28, and funds that track the Russell 1000 will have to buy them. Three times as much money is invested in funds that track the Russell 1000, but GameStop’s overall weight in that index will be much lower than it has been in the Russell 2000. In the Russell 2000, GameStop made up about half a percentage point of the index, while it will be less than 0.1% of the Russell 1000. GameStop will look tiny next to behemoths like Apple(AAPL).\nExperts like Jefferies strategist Steven DeSanctis expect that there will be net selling in GameStop of about 5 million shares, or about half of the stock’s recent average daily volume, after the rebalancing.\nMeanwhile, AMC will be the largest member of the Russell 2000 by far—more than three times as large as its nearest competitor as of last week. See the full post-rebalancing list of Russell 1000 stocks here and Russell 2000 stocks here.","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":1838,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126846878,"gmtCreate":1624553184094,"gmtModify":1703840315906,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126846878","repostId":"1120836318","repostType":4,"isVote":1,"tweetType":1,"viewCount":1944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805817945,"gmtCreate":1627869721987,"gmtModify":1703496856361,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805817945","repostId":"1165710134","repostType":4,"isVote":1,"tweetType":1,"viewCount":2000,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182823497,"gmtCreate":1623563989019,"gmtModify":1704206292857,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182823497","repostId":"1185020128","repostType":4,"repost":{"id":"1185020128","kind":"news","pubTimestamp":1623537503,"share":"https://ttm.financial/m/news/1185020128?lang=en_US&edition=fundamental","pubTime":"2021-06-13 06:38","market":"us","language":"en","title":"Meme Stock Soars 1,000% To Lead These Two Top Small Cap Stock Plays","url":"https://stock-news.laohu8.com/highlight/detail?id=1185020128","media":"investors","summary":"GameStop may be the top holding in SPDR S&P 600 Small Cap Value, but that's not the only reason the ","content":"<p>GameStop may be the top holding in SPDR S&amp;P 600 Small Cap Value, but that's not the only reason the ETF is beating its growth-stock counterpart.</p>\n<p>The $4.2 billion value fund tracks the S&amp;P SmallCap 600 Value Index (SLYV), composed of stocks with the strongest value traits based on book value to price ratio, earnings to price ratio, and sales to price ratio. SLYV rallied 32% this year through Thursday's close.</p>\n<p>That more than doubles the return of its growth stock counterpart, SPDR S&amp;P 600 Small Cap Growth (SLYG), which is up 15%. The index SLYG tracks includes stocks with the strongest growth traits based on sales growth, earnings change to price and momentum.</p>\n<p>Back to SLYV, financials accounted for the biggest sector weight at 24% of assets. Industrials weighed in at about 17%, consumer discretionary 15% and real estate 10%. Information technology was next at 8% and materials, energy and health care, 6% each.&nbsp;Smaller positions in consumer staples, utilities and communication services made up the rest.</p>\n<p>SPDR S&amp;P 600 Small Cap Value is in IBD's ETF Leaders, but SPDR S&amp;P 600 Small Cap Growth is not.</p>\n<p><b>GameStop Stock Leads</b></p>\n<p><b>GameStop</b>(GME),<b>Macy's</b>(M),<b>PDC Energy</b>(PDCE),<b>Resideo Technologies</b>(REZI) and<b>BankUnited</b>(BKU) were the top five holdings as of Wednesday.</p>\n<p><b>Pacific Premier Bancorp</b>(PPBI),<b>Bed Bath &amp; Beyond</b>(BBBY),<b>Ameris Bancorp</b>(ABCB),<b>First Hawaiian</b>(FHB) and<b>Insight Enterprises</b>(NSIT) rounded out the top 10.</p>\n<p>GameStop has undergone wide swings this year. It rocketed about 2,500% early this year amid theshort-squeeze rallyfueled by the Reddit/WallStreetBets crowd.GME stockthen crashed 92% from a Jan. 28 high to its mid-February low. That was followed by an 805% surge the next three weeks, and a 66% drop over the next two weeks.</p>\n<p>Action had been relatively subdued since, until Thursday's 27% dive. Even after that, GameStop stock was up 1,070% year to date through Thursday's close.</p>\n<p>Could GME be inflating SLYV's performance? Certainly, given its quadruple-digit gain. But a look at SLYG's portfolio is interesting. GameStop stock is also the top holding in the growth stock ETF, though the rest of the top 10 differ vastly.</p>\n<p><b>Second Meme Stock In Top 10</b></p>\n<p>PDC Energy, up 130%, saw the next biggest gain in the top 10. The Colorado-based oil and gas explorer has a 97Relative Strength Rating, which mean it's in the top 3% of all stocks. Its relative strength line is at a 52-week high, a bullish sign.</p>\n<p>Bed Bath &amp; Beyond, another meme stock, is up 78% this year. Shares surged more than 200% in January, amid a spate of wild double-digit swings. BBBY stock then gave back the bulk of its gains.</p>\n<p>But the home goods retailer appears to be back on the radar of the WallStreetBets discussion group. On June 2, Bed Bath &amp; Beyond soared 62% before diving 28% the next session.</p>\n<p>The rest of the top 10 stocks have also outperformed the broader market. Macy's is up 68% year to date, while Resideo, Pacific Premier and Ameris have risen more than 40% each. The lowest gainer, bank holding company First Hawaiian, has advanced 20%. The S&amp;P 500 held a 13% gain through Thursday's close.</p>\n<p>SLYV remains in potential buy range from an 87.29entryof acup with handle, according toMarketSmithchart analysis.&nbsp;SLYV and SLYG charge a 0.15% expense ratio.</p>","source":"lsy1610449120050","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>Meme Stock Soars 1,000% To Lead These Two Top Small Cap Stock Plays</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\">\nMeme Stock Soars 1,000% To Lead These Two Top Small Cap Stock Plays\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-13 06:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/etfs-and-funds/etf-leaders/gamestop-stock-soars-1000-percent-lead-two-top-small-cap-stock-plays/?src=A00220><strong>investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop may be the top holding in SPDR S&P 600 Small Cap Value, but that's not the only reason the ETF is beating its growth-stock counterpart.\nThe $4.2 billion value fund tracks the S&P SmallCap 600...</p>\n\n<a href=\"https://www.investors.com/etfs-and-funds/etf-leaders/gamestop-stock-soars-1000-percent-lead-two-top-small-cap-stock-plays/?src=A00220\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDCE":"PDC Energy","BBBY":"Bed Bath & Beyond, Inc."},"source_url":"https://www.investors.com/etfs-and-funds/etf-leaders/gamestop-stock-soars-1000-percent-lead-two-top-small-cap-stock-plays/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185020128","content_text":"GameStop may be the top holding in SPDR S&P 600 Small Cap Value, but that's not the only reason the ETF is beating its growth-stock counterpart.\nThe $4.2 billion value fund tracks the S&P SmallCap 600 Value Index (SLYV), composed of stocks with the strongest value traits based on book value to price ratio, earnings to price ratio, and sales to price ratio. SLYV rallied 32% this year through Thursday's close.\nThat more than doubles the return of its growth stock counterpart, SPDR S&P 600 Small Cap Growth (SLYG), which is up 15%. The index SLYG tracks includes stocks with the strongest growth traits based on sales growth, earnings change to price and momentum.\nBack to SLYV, financials accounted for the biggest sector weight at 24% of assets. Industrials weighed in at about 17%, consumer discretionary 15% and real estate 10%. Information technology was next at 8% and materials, energy and health care, 6% each. Smaller positions in consumer staples, utilities and communication services made up the rest.\nSPDR S&P 600 Small Cap Value is in IBD's ETF Leaders, but SPDR S&P 600 Small Cap Growth is not.\nGameStop Stock Leads\nGameStop(GME),Macy's(M),PDC Energy(PDCE),Resideo Technologies(REZI) andBankUnited(BKU) were the top five holdings as of Wednesday.\nPacific Premier Bancorp(PPBI),Bed Bath & Beyond(BBBY),Ameris Bancorp(ABCB),First Hawaiian(FHB) andInsight Enterprises(NSIT) rounded out the top 10.\nGameStop has undergone wide swings this year. It rocketed about 2,500% early this year amid theshort-squeeze rallyfueled by the Reddit/WallStreetBets crowd.GME stockthen crashed 92% from a Jan. 28 high to its mid-February low. That was followed by an 805% surge the next three weeks, and a 66% drop over the next two weeks.\nAction had been relatively subdued since, until Thursday's 27% dive. Even after that, GameStop stock was up 1,070% year to date through Thursday's close.\nCould GME be inflating SLYV's performance? Certainly, given its quadruple-digit gain. But a look at SLYG's portfolio is interesting. GameStop stock is also the top holding in the growth stock ETF, though the rest of the top 10 differ vastly.\nSecond Meme Stock In Top 10\nPDC Energy, up 130%, saw the next biggest gain in the top 10. The Colorado-based oil and gas explorer has a 97Relative Strength Rating, which mean it's in the top 3% of all stocks. Its relative strength line is at a 52-week high, a bullish sign.\nBed Bath & Beyond, another meme stock, is up 78% this year. Shares surged more than 200% in January, amid a spate of wild double-digit swings. BBBY stock then gave back the bulk of its gains.\nBut the home goods retailer appears to be back on the radar of the WallStreetBets discussion group. On June 2, Bed Bath & Beyond soared 62% before diving 28% the next session.\nThe rest of the top 10 stocks have also outperformed the broader market. Macy's is up 68% year to date, while Resideo, Pacific Premier and Ameris have risen more than 40% each. The lowest gainer, bank holding company First Hawaiian, has advanced 20%. The S&P 500 held a 13% gain through Thursday's close.\nSLYV remains in potential buy range from an 87.29entryof acup with handle, according toMarketSmithchart analysis. SLYV and SLYG charge a 0.15% expense ratio.","news_type":1,"symbols_score_info":{"BBBY":0.9,"PDCE":0.9}},"isVote":1,"tweetType":1,"viewCount":720,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804636066,"gmtCreate":1627953125055,"gmtModify":1703498428889,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804636066","repostId":"2156118936","repostType":4,"repost":{"id":"2156118936","kind":"news","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":1627951440,"share":"https://ttm.financial/m/news/2156118936?lang=en_US&edition=fundamental","pubTime":"2021-08-03 08:44","market":"us","language":"en","title":"Uber, Lyft seen boosted by return of riders, but driver shortage, stubborn virus cloud outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=2156118936","media":"Reuters","summary":"(Reuters) - Ride hailing companies Uber Technologies Inc and Lyft Inc promised Wall Street they woul","content":"<p>(Reuters) - Ride hailing companies Uber Technologies Inc and Lyft Inc promised Wall Street they would be back on the road to profitability and growth by the time they reported second-quarter results this week, thanks to cost-cutting done to survive the pandemic.</p>\n<p>Now, concerns over an ongoing driver shortage and the spreading Delta variant are clouding the outlook for making good on achieving profitable operations this year.</p>\n<p>The ride-hail companies' core businesses are closely tied to broader economic activity and provide insights into the comfort levels of Americans and Europeans in resuming pre-pandemic activities. Uber has been moving to expand into goods and meal delivery to reduce dependence on rides.</p>\n<p>During the second quarter, many countries reopened their economies, and analysts expect Uber and Lyft will report revenues rebounded.</p>\n<p>But a rapid spread of the more contagious Delta variant has prompted several health authorities to reimpose some restrictions. The U.S. Centers for Disease Control and Prevention sounded alarms on Friday with a report that the Delta variant is as contagious as chicken pox and can be passed on by people who are vaccinated.</p>\n<p>\"The continued uncertainty around the pandemic's trajectory will suppress both supply and demand for rideshare services until we see what the Delta variant's death toll really is,\" said Forrester analyst James McQuivey.</p>\n<p>The Delta variant complicates efforts by both companies to achieve profitability this year on a basis of adjusted earnings before interest, taxes, depreciation and amortization. The adjustments exclude <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time costs, including stock-based compensation.</p>\n<p>Lyft said it would achieve that target by the end of the third quarter, Uber by the end of this year.</p>\n<p>Lyft in May said it would take advantage of its leaner cost structure to make more money per ride as passengers return to the platform in greater numbers. Uber, also in May, said it would become profitable in the second half of 2021, requiring the company to quickly reduce losses.</p>\n<p><b>DRIVER SHORTAGES PERSIST</b></p>\n<p>During the second quarter, when it appeared the coronavirus threat was receding, Uber and Lyft were focused on luring drivers back with large pay incentives.</p>\n<p>Analysts at KeyBanc Capital Markets in a note said the incentives were proving effective at getting more drivers on the platforms, allowing the companies to start strategically dialing back the extra pay.</p>\n<p>KeyBanc said its proprietary data showed guaranteed fares per ride dropped 5.5% to $14.78 from June to mid-July.</p>\n<p>Public data from regulators in Chicago and New York City, two of the companies' largest markets, shows a continued growth in trips and vehicles in recent months.</p>\n<p>In New York City, the number of ride-hail vehicles has increased more than 20% from February to June, according to data from the city's Taxi and Limousine Commission. But total NYC vehicles in June are still more than 30% below their highest level in March 2019.</p>\n<p>Several analysts said they expect rider demand to continue to outpace driver supply in the coming months.</p>\n<p>\"Uber has had a bumpy ride through the pandemic but fresh signs that it's becoming a much smoother journey are expected in the upcoming numbers,\" said Susannah Streeter, an analyst at Hargreaves Lansdown.</p>\n<p>Lyft, which reports after the bell on Tuesday, is expected to post an adjusted second-quarter EBITDA loss of nearly $50 million on revenue of $697 million, according to Refinitiv data. Analysts on average expect Uber, which reports after market close on Wednesday, to post a $319 million adjusted EBITDA loss on revenue of $3.7 billion.</p>\n<p>Uber has also used the pandemic to double down on its delivery business, with Uber Eats restaurant orders offsetting ride-hail losses. The company is further expanding into the delivery space through its acquisition of alcohol delivery company Drizly and partnerships with U.S. grocery store giants Albertsons Companies Inc and Costco Wholesale Corp.</p>\n<p>\"This change in consumer behavior is likely going to continue after the pandemic, adding depth to Uber's business model,\" said Jake Sherman, analyst at investing.com.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uber, Lyft seen boosted by return of riders, but driver shortage, stubborn virus cloud outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUber, Lyft seen boosted by return of riders, but driver shortage, stubborn virus cloud outlook\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\">2021-08-03 08:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Reuters) - Ride hailing companies Uber Technologies Inc and Lyft Inc promised Wall Street they would be back on the road to profitability and growth by the time they reported second-quarter results this week, thanks to cost-cutting done to survive the pandemic.</p>\n<p>Now, concerns over an ongoing driver shortage and the spreading Delta variant are clouding the outlook for making good on achieving profitable operations this year.</p>\n<p>The ride-hail companies' core businesses are closely tied to broader economic activity and provide insights into the comfort levels of Americans and Europeans in resuming pre-pandemic activities. Uber has been moving to expand into goods and meal delivery to reduce dependence on rides.</p>\n<p>During the second quarter, many countries reopened their economies, and analysts expect Uber and Lyft will report revenues rebounded.</p>\n<p>But a rapid spread of the more contagious Delta variant has prompted several health authorities to reimpose some restrictions. The U.S. Centers for Disease Control and Prevention sounded alarms on Friday with a report that the Delta variant is as contagious as chicken pox and can be passed on by people who are vaccinated.</p>\n<p>\"The continued uncertainty around the pandemic's trajectory will suppress both supply and demand for rideshare services until we see what the Delta variant's death toll really is,\" said Forrester analyst James McQuivey.</p>\n<p>The Delta variant complicates efforts by both companies to achieve profitability this year on a basis of adjusted earnings before interest, taxes, depreciation and amortization. The adjustments exclude <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time costs, including stock-based compensation.</p>\n<p>Lyft said it would achieve that target by the end of the third quarter, Uber by the end of this year.</p>\n<p>Lyft in May said it would take advantage of its leaner cost structure to make more money per ride as passengers return to the platform in greater numbers. Uber, also in May, said it would become profitable in the second half of 2021, requiring the company to quickly reduce losses.</p>\n<p><b>DRIVER SHORTAGES PERSIST</b></p>\n<p>During the second quarter, when it appeared the coronavirus threat was receding, Uber and Lyft were focused on luring drivers back with large pay incentives.</p>\n<p>Analysts at KeyBanc Capital Markets in a note said the incentives were proving effective at getting more drivers on the platforms, allowing the companies to start strategically dialing back the extra pay.</p>\n<p>KeyBanc said its proprietary data showed guaranteed fares per ride dropped 5.5% to $14.78 from June to mid-July.</p>\n<p>Public data from regulators in Chicago and New York City, two of the companies' largest markets, shows a continued growth in trips and vehicles in recent months.</p>\n<p>In New York City, the number of ride-hail vehicles has increased more than 20% from February to June, according to data from the city's Taxi and Limousine Commission. But total NYC vehicles in June are still more than 30% below their highest level in March 2019.</p>\n<p>Several analysts said they expect rider demand to continue to outpace driver supply in the coming months.</p>\n<p>\"Uber has had a bumpy ride through the pandemic but fresh signs that it's becoming a much smoother journey are expected in the upcoming numbers,\" said Susannah Streeter, an analyst at Hargreaves Lansdown.</p>\n<p>Lyft, which reports after the bell on Tuesday, is expected to post an adjusted second-quarter EBITDA loss of nearly $50 million on revenue of $697 million, according to Refinitiv data. Analysts on average expect Uber, which reports after market close on Wednesday, to post a $319 million adjusted EBITDA loss on revenue of $3.7 billion.</p>\n<p>Uber has also used the pandemic to double down on its delivery business, with Uber Eats restaurant orders offsetting ride-hail losses. The company is further expanding into the delivery space through its acquisition of alcohol delivery company Drizly and partnerships with U.S. grocery store giants Albertsons Companies Inc and Costco Wholesale Corp.</p>\n<p>\"This change in consumer behavior is likely going to continue after the pandemic, adding depth to Uber's business model,\" said Jake Sherman, analyst at investing.com.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc.","UBER":"优步"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156118936","content_text":"(Reuters) - Ride hailing companies Uber Technologies Inc and Lyft Inc promised Wall Street they would be back on the road to profitability and growth by the time they reported second-quarter results this week, thanks to cost-cutting done to survive the pandemic.\nNow, concerns over an ongoing driver shortage and the spreading Delta variant are clouding the outlook for making good on achieving profitable operations this year.\nThe ride-hail companies' core businesses are closely tied to broader economic activity and provide insights into the comfort levels of Americans and Europeans in resuming pre-pandemic activities. Uber has been moving to expand into goods and meal delivery to reduce dependence on rides.\nDuring the second quarter, many countries reopened their economies, and analysts expect Uber and Lyft will report revenues rebounded.\nBut a rapid spread of the more contagious Delta variant has prompted several health authorities to reimpose some restrictions. The U.S. Centers for Disease Control and Prevention sounded alarms on Friday with a report that the Delta variant is as contagious as chicken pox and can be passed on by people who are vaccinated.\n\"The continued uncertainty around the pandemic's trajectory will suppress both supply and demand for rideshare services until we see what the Delta variant's death toll really is,\" said Forrester analyst James McQuivey.\nThe Delta variant complicates efforts by both companies to achieve profitability this year on a basis of adjusted earnings before interest, taxes, depreciation and amortization. The adjustments exclude one-time costs, including stock-based compensation.\nLyft said it would achieve that target by the end of the third quarter, Uber by the end of this year.\nLyft in May said it would take advantage of its leaner cost structure to make more money per ride as passengers return to the platform in greater numbers. Uber, also in May, said it would become profitable in the second half of 2021, requiring the company to quickly reduce losses.\nDRIVER SHORTAGES PERSIST\nDuring the second quarter, when it appeared the coronavirus threat was receding, Uber and Lyft were focused on luring drivers back with large pay incentives.\nAnalysts at KeyBanc Capital Markets in a note said the incentives were proving effective at getting more drivers on the platforms, allowing the companies to start strategically dialing back the extra pay.\nKeyBanc said its proprietary data showed guaranteed fares per ride dropped 5.5% to $14.78 from June to mid-July.\nPublic data from regulators in Chicago and New York City, two of the companies' largest markets, shows a continued growth in trips and vehicles in recent months.\nIn New York City, the number of ride-hail vehicles has increased more than 20% from February to June, according to data from the city's Taxi and Limousine Commission. But total NYC vehicles in June are still more than 30% below their highest level in March 2019.\nSeveral analysts said they expect rider demand to continue to outpace driver supply in the coming months.\n\"Uber has had a bumpy ride through the pandemic but fresh signs that it's becoming a much smoother journey are expected in the upcoming numbers,\" said Susannah Streeter, an analyst at Hargreaves Lansdown.\nLyft, which reports after the bell on Tuesday, is expected to post an adjusted second-quarter EBITDA loss of nearly $50 million on revenue of $697 million, according to Refinitiv data. Analysts on average expect Uber, which reports after market close on Wednesday, to post a $319 million adjusted EBITDA loss on revenue of $3.7 billion.\nUber has also used the pandemic to double down on its delivery business, with Uber Eats restaurant orders offsetting ride-hail losses. The company is further expanding into the delivery space through its acquisition of alcohol delivery company Drizly and partnerships with U.S. grocery store giants Albertsons Companies Inc and Costco Wholesale Corp.\n\"This change in consumer behavior is likely going to continue after the pandemic, adding depth to Uber's business model,\" said Jake Sherman, analyst at investing.com.","news_type":1,"symbols_score_info":{"LYFT":0.9,"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":1782,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805887848,"gmtCreate":1627870095184,"gmtModify":1703496871550,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805887848","repostId":"1127731627","repostType":4,"repost":{"id":"1127731627","kind":"news","pubTimestamp":1627866487,"share":"https://ttm.financial/m/news/1127731627?lang=en_US&edition=fundamental","pubTime":"2021-08-02 09:08","market":"us","language":"en","title":"Uber and Deliveroo to offer cheap cab rides and meals as incentives to get Covid jab","url":"https://stock-news.laohu8.com/highlight/detail?id=1127731627","media":"LBC News","summary":"Discounted rides and meals will be offered by taxi-hailing and food delivery companies to help boost","content":"<p>Discounted rides and meals will be offered by taxi-hailing and food delivery companies to help boost uptake of the Covid-19 jab.</p>\n<p><a href=\"https://laohu8.com/S/UBER\">Uber</a>, Bolt, <a href=\"https://laohu8.com/S/ROO.UK\">DELIVEROO HOLDINGS PLC</a> and Pizza Pilgrims are among the brands that will be offering incentives to younger people to encourage them to get vaccinated, the Government announced.</p>\n<p>The Department of Health and Social Care (DHSC) said Uber will be sending reminders to all users in August encouraging them to get jabbed.</p>\n<p>The company will offer discounted rides and meals on its Uber Eats platform for young adults who receive a vaccine.</p>\n<p>Uber has previously offered free trips to vaccination centres for NHS staff.</p>\n<p>Bolt, another ride-hailing app, will offer \"free ride credit\" to vaccination centres following a similar scheme earlier this year when it offered £250,000 worth of free rides to London vaccination facilities.</p>\n<p>Deliveroo will give vouchers to young people who get jabbed, and a spokesperson said: \"At Deliveroo we want to do our small part to support the NHS during the pandemic, including delivering a million free meals to frontline NHS staff and vaccine centres. This is the next step in helping people get vaccinated and safely back to normal.\"</p>\n<p>DHSC said further details on partnerships will be released \"in due course\" and other incentives \"could include vouchers or discount codes for people attending pop-up vaccine sites and booking though the NHS, social media competitions and promotional offers for restaurants\".</p>\n<p>The department added: \"Companies will not ask for or hold any health data for the incentive scheme.\"</p>\n<p>Government data up to July 29 shows that of the 84,737,932 Covid-19 jabs given in the UK, 46,775,525 were first doses and 37,962,407 were second doses.</p>\n<p>DHSC said around 67% of people aged 18 to 29 in England have received a first dose.</p>\n<p>Thanking businesses for \"stepping up\" to support the vaccine drive, Health Secretary Sajid Javid urged people to \"take advantage of the discounts\".</p>\n<p>He added: \"The lifesaving vaccines not only protect you, your loved ones and your community, but they are helping to bring us back together by allowing you to get back to doing the things you've missed.</p>\n<p>Vaccines minister Nadhim Zahawi said there was \"strong enthusiasm\" among young people so far to get vaccinated, adding: \"Please get your jabs as soon as you can and grab a bargain.\"</p>\n<p>The latest initiatives are announced aftera host of further pop-up vaccination hubsopened across England this weekend.</p>\n<p>Locations include Circus Extreme in Halifax, West Yorkshire, Burnley FC's Turf Moor ground, Goodwood Racecourse near Chichester, and the Summer of Love Festival in west London's Holland Park.</p>\n<p>In the east of the capital a four-day vaccine festival is running in Poplar until Monday, with live music and free food.</p>\n<p>DHSC said more than 600,000 people were vaccinated last weekend at walk-in clinics ranging from London's Tate Modern Gallery to a Primark in Bristol.</p>","source":"lsy1627862702248","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uber and Deliveroo to offer cheap cab rides and meals as incentives to get Covid jab</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\">\nUber and Deliveroo to offer cheap cab rides and meals as incentives to get Covid jab\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 09:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.lbc.co.uk/news/discounted-cab-rides-and-meals-offered-as-incentives-to-get-covid-jab/><strong>LBC News</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Discounted rides and meals will be offered by taxi-hailing and food delivery companies to help boost uptake of the Covid-19 jab.\nUber, Bolt, DELIVEROO HOLDINGS PLC and Pizza Pilgrims are among the ...</p>\n\n<a href=\"https://www.lbc.co.uk/news/discounted-cab-rides-and-meals-offered-as-incentives-to-get-covid-jab/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","ROO.UK":"Deliveroo Holdings PLC"},"source_url":"https://www.lbc.co.uk/news/discounted-cab-rides-and-meals-offered-as-incentives-to-get-covid-jab/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127731627","content_text":"Discounted rides and meals will be offered by taxi-hailing and food delivery companies to help boost uptake of the Covid-19 jab.\nUber, Bolt, DELIVEROO HOLDINGS PLC and Pizza Pilgrims are among the brands that will be offering incentives to younger people to encourage them to get vaccinated, the Government announced.\nThe Department of Health and Social Care (DHSC) said Uber will be sending reminders to all users in August encouraging them to get jabbed.\nThe company will offer discounted rides and meals on its Uber Eats platform for young adults who receive a vaccine.\nUber has previously offered free trips to vaccination centres for NHS staff.\nBolt, another ride-hailing app, will offer \"free ride credit\" to vaccination centres following a similar scheme earlier this year when it offered £250,000 worth of free rides to London vaccination facilities.\nDeliveroo will give vouchers to young people who get jabbed, and a spokesperson said: \"At Deliveroo we want to do our small part to support the NHS during the pandemic, including delivering a million free meals to frontline NHS staff and vaccine centres. This is the next step in helping people get vaccinated and safely back to normal.\"\nDHSC said further details on partnerships will be released \"in due course\" and other incentives \"could include vouchers or discount codes for people attending pop-up vaccine sites and booking though the NHS, social media competitions and promotional offers for restaurants\".\nThe department added: \"Companies will not ask for or hold any health data for the incentive scheme.\"\nGovernment data up to July 29 shows that of the 84,737,932 Covid-19 jabs given in the UK, 46,775,525 were first doses and 37,962,407 were second doses.\nDHSC said around 67% of people aged 18 to 29 in England have received a first dose.\nThanking businesses for \"stepping up\" to support the vaccine drive, Health Secretary Sajid Javid urged people to \"take advantage of the discounts\".\nHe added: \"The lifesaving vaccines not only protect you, your loved ones and your community, but they are helping to bring us back together by allowing you to get back to doing the things you've missed.\nVaccines minister Nadhim Zahawi said there was \"strong enthusiasm\" among young people so far to get vaccinated, adding: \"Please get your jabs as soon as you can and grab a bargain.\"\nThe latest initiatives are announced aftera host of further pop-up vaccination hubsopened across England this weekend.\nLocations include Circus Extreme in Halifax, West Yorkshire, Burnley FC's Turf Moor ground, Goodwood Racecourse near Chichester, and the Summer of Love Festival in west London's Holland Park.\nIn the east of the capital a four-day vaccine festival is running in Poplar until Monday, with live music and free food.\nDHSC said more than 600,000 people were vaccinated last weekend at walk-in clinics ranging from London's Tate Modern Gallery to a Primark in Bristol.","news_type":1,"symbols_score_info":{"ROO.UK":0.9,"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":1797,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128116890,"gmtCreate":1624505658810,"gmtModify":1703838675099,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128116890","repostId":"1171757794","repostType":4,"isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129260469,"gmtCreate":1624374100051,"gmtModify":1703834885832,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"[Drowsy]&nbsp;","listText":"[Drowsy]&nbsp;","text":"[Drowsy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129260469","repostId":"1132497836","repostType":4,"repost":{"id":"1132497836","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":1624370799,"share":"https://ttm.financial/m/news/1132497836?lang=en_US&edition=fundamental","pubTime":"2021-06-22 22:06","market":"us","language":"en","title":"ContextLogic stock fell in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1132497836","media":"Tiger Newspress","summary":"(June 22)&nbsp;ContextLogic stock fell in morning trading.","content":"<p>(June 22)&nbsp;ContextLogic stock fell in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/3f4961b3f42c7db05dcef1237b9eb084\" tg-width=\"658\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ContextLogic stock fell in morning trading</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; 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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\">\nContextLogic stock fell in morning trading\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\">2021-06-22 22:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 22)&nbsp;ContextLogic stock fell in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/3f4961b3f42c7db05dcef1237b9eb084\" tg-width=\"658\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132497836","content_text":"(June 22) ContextLogic stock fell in morning trading.","news_type":1,"symbols_score_info":{"WISH":0.9}},"isVote":1,"tweetType":1,"viewCount":578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167637743,"gmtCreate":1624264497682,"gmtModify":1703831899348,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"[What]&nbsp;","listText":"[What]&nbsp;","text":"[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167637743","repostId":"2144706863","repostType":4,"repost":{"id":"2144706863","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624261020,"share":"https://ttm.financial/m/news/2144706863?lang=en_US&edition=fundamental","pubTime":"2021-06-21 15:37","market":"hk","language":"en","title":"Why Uber and Lyft prices are going up -- and how you can get around for less","url":"https://stock-news.laohu8.com/highlight/detail?id=2144706863","media":"Dow Jones","summary":"It could be months until there are enough drivers to significantly lower prices.\n\nRide-shares have g","content":"<blockquote>\n It could be months until there are enough drivers to significantly lower prices.\n</blockquote>\n<p>Ride-shares have gotten expensive enough in Chicago that Matt Shachat has decided it's time to finally get a driver's license.</p>\n<p>A Bay Area native who has also lived in Boston, Shachat didn't need to drive himself anywhere before. Even when he moved to Chicago, Uber rides to and from his office were within his budget at around $23 each way.</p>\n<p>Nowadays, he's paying closer to $32 a ride, an amount that works out to nearly $1,300 a month -- enough to cover a car payment, insurance and parking. One 45-minute journey in recent weeks cost him $94, but it's longer wait times that bother Shachat more than bigger bills. \"This morning I was late to work even though I budgeted an extra 15 minutes,\" he said, describing a transaction that required a 20-minute wait.</p>\n<p>Shachat's is a situation that's playing out in cities across the U.S. as demand for rides has come roaring back faster than drivers and discount pool rides.</p>\n<p>In Chicago, ride-sharing companies had a combined 48,000 drivers in April. That's less than half the number of drivers that they had pre-pandemic, according to data collected by the city of Chicago. The city is also down <a href=\"https://laohu8.com/S/AONE\">one</a> ride-sharing company, Via, which suspended public services during the pandemic.</p>\n<p>Meanwhile, ride-share fares have been rising in Chicago, climbing to over an average of $22 in April from less than $16in December, according to the city's data. That's still cheaper than a taxi, although the savings are narrowing.</p>\n<p>Beyond free rides to vaccination appointments and discounts for new users, there is little relief in sight for ride-sharing customers until more drivers says is already happening. More than 33,000 additional drivers came online the week of May 17 alone, an Uber spokeswoman said, noting a decline in surge pricing in Los Angeles and New York.</p>\n<p>Lyft said it too is seeing pressures ease and customer wait times decrease. At a J.P. Morgan <a href=\"https://laohu8.com/S/JPM\">$(JPM)$</a> conference last month, Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> co-founder John Zimmer said he expects driver supply and rider demand to become more balanced in the next few months.</p>\n<p>In the meantime, here are a few hacks to cut your transportation costs that don't involve buying a car or learning how to parallel park.</p>\n<p><b>Call a cab or car service</b></p>\n<p>Before there was ride-sharing, there were cabs. New Yorkers used to scan the streets for them, raising an arm to flag <a href=\"https://laohu8.com/S/AONE.U\">one</a> down. And that technique still works -- if you can find a taxi.</p>\n<p>In New York, thousands of the city's famous yellow cabs remain idled, partly because of the pandemic and partly because of a collapse in the value of city-issued medallions which used to sell for over $1 million before the rise of ride hailing.A similar story has played out in Chicago where there are now one-thirdas many cabs in operation as there were in February 2020 -- the month before the pandemic began shutting down parts of the U.S.</p>\n<p>Thankfully, there are apps that can help hail a cab. Arro and Curb are two apps that can help customers locate taxis in a number of cities. They're similar to Uber and Lyft, but for traditional cabs. Because pricing is metered, there is no surge pricing.</p>\n<p>Curb operates in cities including Chicago, Austin, Las Vegas, Los Angeles, New York and San Francisco. It boasts access to more than 50,000 cabs and 100,000 drivers across the U.S. Arro is available in New York, Boston, Miami, Houston and Chicago.</p>\n<p>Another option is to use a car service. While you can request limos and luxury vehicles, many offer more everyday options including minivans and sedans. Cars come with drivers and can be booked via apps, phone and online.</p>\n<p>Carmel is a car service that's been operating in the New York City area for more than 30 years and can now be booked via app. In Chicago, Blacklane and Chicago Private Car offer online booking.</p>\n<p><b>Look for other ride-sharing services</b></p>\n<p>Uber and Lyft may be the best known names in the ride-sharing business, but there are some U.S. cities where you have more options to catch a ride.</p>\n<p>In Hawaii, Holoholo is a new ride-sharing service that eschews surge pricing, an unwelcome experience founder Cecil Morton has had as a ride-sharing customer. Morton has run an airport shuttle business for more than 20 years and describes Holoholo as a \"natural progression\" given the rising popularity of ride-sharing.</p>\n<p>In the continental U.S., Wingz is a San Francisco-based ride-sharing service that started with airport rides. It now offers in-town rides and errand services as well as rides to and from the airport in cities including Austin, Dallas, San Francisco, Los Angeles, Miami, Orlando and Phoenix.</p>\n<p><b>Hop on a bike or scooter</b></p>\n<p>Several cities now have bike and scooter rental services, providing yet another affordable way for people to get around cities including New York, Chicago, Austin, and more.</p>\n<p>Divvy has more than 6,000 bikes and 600 stations in Chicago where single rides are priced at $3.40 a trip and day passes are $15. In the New York City area, Citi Bike has more than 20,000 bikes and more than 1,300 stations. Single rides cost $3.50 a trip while day passes are $15.</p>\n<p>Lime has scooters available in cities across the U.S. including Chicago, San Francisco, Austin and Charlotte. Lime charges a fixed rate to unlock a scooter than a location-based per-minute rate to ride the scooter. Rates are displayed ahead of a ride.</p>\n<p>Lyft has scooters and bike rentals in cities including Minneapolis, Denver, Washington, D.C. and San Diego.</p>\n<p><b>Take public transit</b></p>\n<p>There are a few pockets of the U.S. where public transit really can take you almost anywhere you want to go, and for a fraction of what you might pay for a ride-share or a cab.</p>\n<p>The New York City subway system has resumed 24-hour operations. Each ride costs $2.75, or you can whittle that down by ordering a weekly or monthly pass if you plan to make regular round trips. The subway runs between <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> and JFK International Airport, though there is an additional $7.75 fee for airport service. City buses also provide connections to LaGuardia International Airport.</p>\n<p>In Washington, D.C., the Metro provides access to popular tourist destinations including the National Mall, the White House and several Smithsonian museums. Ride prices are based on distance and time of day, but the most expensive fares in the system are $7.50 for express airport service. D.C.'s Metro runs to Ronald Reagan International Airport. Bus connections are available to Dulles International Airport.</p>\n<p>San Francisco has BART, the Bay Area Rapid Transit system of trains and busses. Even Los Angeles, Atlanta, Minneapolis, Seattle, Salt Lake City and Houston have some type of rail or light rail service.</p>\n<p>Chicago has the L, the city's mostly elevated local train system. For the bargain price of just $5, the L will take you from O'Hare International Airport to the Magnificent Mile where shops, restaurants and architectural icons await.</p>\n<p>That price is a fraction of what you could expect to spend on an Uber or a Lyft between downtown Chicago and the airport -- even back when drivers were plentiful and rides were cheap.</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>Why Uber and Lyft prices are going up -- and how you can get around for less</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Uber and Lyft prices are going up -- and how you can get around for less\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-21 15:37</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n It could be months until there are enough drivers to significantly lower prices.\n</blockquote>\n<p>Ride-shares have gotten expensive enough in Chicago that Matt Shachat has decided it's time to finally get a driver's license.</p>\n<p>A Bay Area native who has also lived in Boston, Shachat didn't need to drive himself anywhere before. Even when he moved to Chicago, Uber rides to and from his office were within his budget at around $23 each way.</p>\n<p>Nowadays, he's paying closer to $32 a ride, an amount that works out to nearly $1,300 a month -- enough to cover a car payment, insurance and parking. One 45-minute journey in recent weeks cost him $94, but it's longer wait times that bother Shachat more than bigger bills. \"This morning I was late to work even though I budgeted an extra 15 minutes,\" he said, describing a transaction that required a 20-minute wait.</p>\n<p>Shachat's is a situation that's playing out in cities across the U.S. as demand for rides has come roaring back faster than drivers and discount pool rides.</p>\n<p>In Chicago, ride-sharing companies had a combined 48,000 drivers in April. That's less than half the number of drivers that they had pre-pandemic, according to data collected by the city of Chicago. The city is also down <a href=\"https://laohu8.com/S/AONE\">one</a> ride-sharing company, Via, which suspended public services during the pandemic.</p>\n<p>Meanwhile, ride-share fares have been rising in Chicago, climbing to over an average of $22 in April from less than $16in December, according to the city's data. That's still cheaper than a taxi, although the savings are narrowing.</p>\n<p>Beyond free rides to vaccination appointments and discounts for new users, there is little relief in sight for ride-sharing customers until more drivers says is already happening. More than 33,000 additional drivers came online the week of May 17 alone, an Uber spokeswoman said, noting a decline in surge pricing in Los Angeles and New York.</p>\n<p>Lyft said it too is seeing pressures ease and customer wait times decrease. At a J.P. Morgan <a href=\"https://laohu8.com/S/JPM\">$(JPM)$</a> conference last month, Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> co-founder John Zimmer said he expects driver supply and rider demand to become more balanced in the next few months.</p>\n<p>In the meantime, here are a few hacks to cut your transportation costs that don't involve buying a car or learning how to parallel park.</p>\n<p><b>Call a cab or car service</b></p>\n<p>Before there was ride-sharing, there were cabs. New Yorkers used to scan the streets for them, raising an arm to flag <a href=\"https://laohu8.com/S/AONE.U\">one</a> down. And that technique still works -- if you can find a taxi.</p>\n<p>In New York, thousands of the city's famous yellow cabs remain idled, partly because of the pandemic and partly because of a collapse in the value of city-issued medallions which used to sell for over $1 million before the rise of ride hailing.A similar story has played out in Chicago where there are now one-thirdas many cabs in operation as there were in February 2020 -- the month before the pandemic began shutting down parts of the U.S.</p>\n<p>Thankfully, there are apps that can help hail a cab. Arro and Curb are two apps that can help customers locate taxis in a number of cities. They're similar to Uber and Lyft, but for traditional cabs. Because pricing is metered, there is no surge pricing.</p>\n<p>Curb operates in cities including Chicago, Austin, Las Vegas, Los Angeles, New York and San Francisco. It boasts access to more than 50,000 cabs and 100,000 drivers across the U.S. Arro is available in New York, Boston, Miami, Houston and Chicago.</p>\n<p>Another option is to use a car service. While you can request limos and luxury vehicles, many offer more everyday options including minivans and sedans. Cars come with drivers and can be booked via apps, phone and online.</p>\n<p>Carmel is a car service that's been operating in the New York City area for more than 30 years and can now be booked via app. In Chicago, Blacklane and Chicago Private Car offer online booking.</p>\n<p><b>Look for other ride-sharing services</b></p>\n<p>Uber and Lyft may be the best known names in the ride-sharing business, but there are some U.S. cities where you have more options to catch a ride.</p>\n<p>In Hawaii, Holoholo is a new ride-sharing service that eschews surge pricing, an unwelcome experience founder Cecil Morton has had as a ride-sharing customer. Morton has run an airport shuttle business for more than 20 years and describes Holoholo as a \"natural progression\" given the rising popularity of ride-sharing.</p>\n<p>In the continental U.S., Wingz is a San Francisco-based ride-sharing service that started with airport rides. It now offers in-town rides and errand services as well as rides to and from the airport in cities including Austin, Dallas, San Francisco, Los Angeles, Miami, Orlando and Phoenix.</p>\n<p><b>Hop on a bike or scooter</b></p>\n<p>Several cities now have bike and scooter rental services, providing yet another affordable way for people to get around cities including New York, Chicago, Austin, and more.</p>\n<p>Divvy has more than 6,000 bikes and 600 stations in Chicago where single rides are priced at $3.40 a trip and day passes are $15. In the New York City area, Citi Bike has more than 20,000 bikes and more than 1,300 stations. Single rides cost $3.50 a trip while day passes are $15.</p>\n<p>Lime has scooters available in cities across the U.S. including Chicago, San Francisco, Austin and Charlotte. Lime charges a fixed rate to unlock a scooter than a location-based per-minute rate to ride the scooter. Rates are displayed ahead of a ride.</p>\n<p>Lyft has scooters and bike rentals in cities including Minneapolis, Denver, Washington, D.C. and San Diego.</p>\n<p><b>Take public transit</b></p>\n<p>There are a few pockets of the U.S. where public transit really can take you almost anywhere you want to go, and for a fraction of what you might pay for a ride-share or a cab.</p>\n<p>The New York City subway system has resumed 24-hour operations. Each ride costs $2.75, or you can whittle that down by ordering a weekly or monthly pass if you plan to make regular round trips. The subway runs between <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> and JFK International Airport, though there is an additional $7.75 fee for airport service. City buses also provide connections to LaGuardia International Airport.</p>\n<p>In Washington, D.C., the Metro provides access to popular tourist destinations including the National Mall, the White House and several Smithsonian museums. Ride prices are based on distance and time of day, but the most expensive fares in the system are $7.50 for express airport service. D.C.'s Metro runs to Ronald Reagan International Airport. Bus connections are available to Dulles International Airport.</p>\n<p>San Francisco has BART, the Bay Area Rapid Transit system of trains and busses. Even Los Angeles, Atlanta, Minneapolis, Seattle, Salt Lake City and Houston have some type of rail or light rail service.</p>\n<p>Chicago has the L, the city's mostly elevated local train system. For the bargain price of just $5, the L will take you from O'Hare International Airport to the Magnificent Mile where shops, restaurants and architectural icons await.</p>\n<p>That price is a fraction of what you could expect to spend on an Uber or a Lyft between downtown Chicago and the airport -- even back when drivers were plentiful and rides were cheap.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","LYFT":"Lyft, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144706863","content_text":"It could be months until there are enough drivers to significantly lower prices.\n\nRide-shares have gotten expensive enough in Chicago that Matt Shachat has decided it's time to finally get a driver's license.\nA Bay Area native who has also lived in Boston, Shachat didn't need to drive himself anywhere before. Even when he moved to Chicago, Uber rides to and from his office were within his budget at around $23 each way.\nNowadays, he's paying closer to $32 a ride, an amount that works out to nearly $1,300 a month -- enough to cover a car payment, insurance and parking. One 45-minute journey in recent weeks cost him $94, but it's longer wait times that bother Shachat more than bigger bills. \"This morning I was late to work even though I budgeted an extra 15 minutes,\" he said, describing a transaction that required a 20-minute wait.\nShachat's is a situation that's playing out in cities across the U.S. as demand for rides has come roaring back faster than drivers and discount pool rides.\nIn Chicago, ride-sharing companies had a combined 48,000 drivers in April. That's less than half the number of drivers that they had pre-pandemic, according to data collected by the city of Chicago. The city is also down one ride-sharing company, Via, which suspended public services during the pandemic.\nMeanwhile, ride-share fares have been rising in Chicago, climbing to over an average of $22 in April from less than $16in December, according to the city's data. That's still cheaper than a taxi, although the savings are narrowing.\nBeyond free rides to vaccination appointments and discounts for new users, there is little relief in sight for ride-sharing customers until more drivers says is already happening. More than 33,000 additional drivers came online the week of May 17 alone, an Uber spokeswoman said, noting a decline in surge pricing in Los Angeles and New York.\nLyft said it too is seeing pressures ease and customer wait times decrease. At a J.P. Morgan $(JPM)$ conference last month, Lyft $(LYFT)$ co-founder John Zimmer said he expects driver supply and rider demand to become more balanced in the next few months.\nIn the meantime, here are a few hacks to cut your transportation costs that don't involve buying a car or learning how to parallel park.\nCall a cab or car service\nBefore there was ride-sharing, there were cabs. New Yorkers used to scan the streets for them, raising an arm to flag one down. And that technique still works -- if you can find a taxi.\nIn New York, thousands of the city's famous yellow cabs remain idled, partly because of the pandemic and partly because of a collapse in the value of city-issued medallions which used to sell for over $1 million before the rise of ride hailing.A similar story has played out in Chicago where there are now one-thirdas many cabs in operation as there were in February 2020 -- the month before the pandemic began shutting down parts of the U.S.\nThankfully, there are apps that can help hail a cab. Arro and Curb are two apps that can help customers locate taxis in a number of cities. They're similar to Uber and Lyft, but for traditional cabs. Because pricing is metered, there is no surge pricing.\nCurb operates in cities including Chicago, Austin, Las Vegas, Los Angeles, New York and San Francisco. It boasts access to more than 50,000 cabs and 100,000 drivers across the U.S. Arro is available in New York, Boston, Miami, Houston and Chicago.\nAnother option is to use a car service. While you can request limos and luxury vehicles, many offer more everyday options including minivans and sedans. Cars come with drivers and can be booked via apps, phone and online.\nCarmel is a car service that's been operating in the New York City area for more than 30 years and can now be booked via app. In Chicago, Blacklane and Chicago Private Car offer online booking.\nLook for other ride-sharing services\nUber and Lyft may be the best known names in the ride-sharing business, but there are some U.S. cities where you have more options to catch a ride.\nIn Hawaii, Holoholo is a new ride-sharing service that eschews surge pricing, an unwelcome experience founder Cecil Morton has had as a ride-sharing customer. Morton has run an airport shuttle business for more than 20 years and describes Holoholo as a \"natural progression\" given the rising popularity of ride-sharing.\nIn the continental U.S., Wingz is a San Francisco-based ride-sharing service that started with airport rides. It now offers in-town rides and errand services as well as rides to and from the airport in cities including Austin, Dallas, San Francisco, Los Angeles, Miami, Orlando and Phoenix.\nHop on a bike or scooter\nSeveral cities now have bike and scooter rental services, providing yet another affordable way for people to get around cities including New York, Chicago, Austin, and more.\nDivvy has more than 6,000 bikes and 600 stations in Chicago where single rides are priced at $3.40 a trip and day passes are $15. In the New York City area, Citi Bike has more than 20,000 bikes and more than 1,300 stations. Single rides cost $3.50 a trip while day passes are $15.\nLime has scooters available in cities across the U.S. including Chicago, San Francisco, Austin and Charlotte. Lime charges a fixed rate to unlock a scooter than a location-based per-minute rate to ride the scooter. Rates are displayed ahead of a ride.\nLyft has scooters and bike rentals in cities including Minneapolis, Denver, Washington, D.C. and San Diego.\nTake public transit\nThere are a few pockets of the U.S. where public transit really can take you almost anywhere you want to go, and for a fraction of what you might pay for a ride-share or a cab.\nThe New York City subway system has resumed 24-hour operations. Each ride costs $2.75, or you can whittle that down by ordering a weekly or monthly pass if you plan to make regular round trips. The subway runs between Manhattan and JFK International Airport, though there is an additional $7.75 fee for airport service. City buses also provide connections to LaGuardia International Airport.\nIn Washington, D.C., the Metro provides access to popular tourist destinations including the National Mall, the White House and several Smithsonian museums. Ride prices are based on distance and time of day, but the most expensive fares in the system are $7.50 for express airport service. D.C.'s Metro runs to Ronald Reagan International Airport. Bus connections are available to Dulles International Airport.\nSan Francisco has BART, the Bay Area Rapid Transit system of trains and busses. Even Los Angeles, Atlanta, Minneapolis, Seattle, Salt Lake City and Houston have some type of rail or light rail service.\nChicago has the L, the city's mostly elevated local train system. For the bargain price of just $5, the L will take you from O'Hare International Airport to the Magnificent Mile where shops, restaurants and architectural icons await.\nThat price is a fraction of what you could expect to spend on an Uber or a Lyft between downtown Chicago and the airport -- even back when drivers were plentiful and rides were cheap.","news_type":1,"symbols_score_info":{"UBER":0.9,"LYFT":0.9}},"isVote":1,"tweetType":1,"viewCount":596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166445800,"gmtCreate":1624023840700,"gmtModify":1703826855357,"author":{"id":"3581503131772819","authorId":"3581503131772819","name":"Shxmxns123","avatar":"https://static.tigerbbs.com/6e09e1199253e523dffe66bd0e086930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581503131772819","idStr":"3581503131772819"},"themes":[],"htmlText":"[Great]&nbsp;","listText":"[Great]&nbsp;","text":"[Great]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166445800","repostId":"2144757377","repostType":4,"isVote":1,"tweetType":1,"viewCount":1002,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}