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2022-06-04

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US STOCKS-Wall St Ends Down With Strong Jobs Data Keeping the Pressure on for Rate Hikes

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U.S. stocks close lower on worries over recovery, corporate tax hikes

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please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059197974","repostId":"2240270701","repostType":4,"repost":{"id":"2240270701","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1654297003,"share":"https://ttm.financial/m/news/2240270701?lang=en_US&edition=fundamental","pubTime":"2022-06-04 06:56","market":"us","language":"en","title":"US STOCKS-Wall St Ends Down With Strong Jobs Data Keeping the Pressure on for Rate Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=2240270701","media":"Reuters","summary":"Apple, Tesla are S&P's biggest dragsSolid jobs report keeps focus on rate hike expectationsIndexes f","content":"<html><head></head><body><ul><li><a href=\"https://laohu8.com/S/AAPL\">Apple</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> are S&amp;P&#39;s biggest drags</li><li>Solid jobs report keeps focus on rate hike expectations</li><li>Indexes fall: Dow 1.05%, S&amp;P 1.63%, Nasdaq 2.47%</li></ul><p>(Reuters) - Wall Street&#39;s three major stock indexes ended lower on Friday after a solid jobs report ate in to hopes for a pause in the Federal Reserve&#39;s aggressive policy-tightening which is needed to cool decades-high inflation.</p><p>The technology-heavy Nasdaq led the declines, falling 2.5% as shares of market heavyweights Apple Inc and Tesla Inc were the biggest drags on the market.</p><p>Earlier, the Labor Department&#39;s closely watched report showed nonfarm payrolls rose by 390,000 jobs last month and wages grew, while the unemployment rate held steady at 3.6% - all signs of a tight labor market.</p><p>Economists polled by Reuters had forecast that nonfarm payrolls would rise by 325,000 jobs.</p><p>While the jobs report was reassuring for the current state of the economy, investors focused primarily on its potential influence on central bank policy.</p><p>&#34;The market is trying to funnel its response through what the Fed may or may not do,&#34; said Nela Richardson, chief economist at ADP, who expects the market to continue to seesaw as a result of uncertainty around interest rates and inflation.</p><p>Shawn Snyder, head of investment strategy at Citi Personal Wealth Management, saw the solid report as a double-edged sword.</p><p>&#34;It&#39;s telling us the economy is in fairly good shape which is good news but when viewed in the context of what it means for the Federal Reserve and tightening monetary policy it likely makes them more confident they can continue to tighten,&#34; he said. &#34;That comes through as a bit of a negative for investors because they&#39;re hoping for the Fed to pause later this year.&#34;</p><p>Money markets are fully pricing in 50 basis-point rate hikes by the Fed in June and July.</p><p>While the May report&#39;s slower-than-expected increase in hourly earnings looked like good news for inflation, Snyder cited rising oil prices as an offsetting factor.</p><p>The Dow Jones Industrial Average fell 348.58 points, or 1.05%, to 32,899.7, the S&amp;P 500 lost 68.28 points, or 1.63%, to 4,108.54 and the Nasdaq Composite dropped 304.16 points, or 2.47%, to 12,012.73.</p><p>Among the S&amp;P&#39;s 11 major sectors consumer discretionary was the weakest with a 2.9% drop followed by technology&#39;s 2.5% drop. The energy index, up 1.4%, was the only gainer of the pack, as oil prices rose.</p><p>For the week, the S&amp;P 500 fell 1.2% while the Nasdaq declined 0.98% and the Dow lost 0.94% after all three indexes had risen sharply the week before.</p><p>Volatility has gripped Wall Street in recent weeks as investors debated whether markets had hit a bottom against the backdrop of some hawkish comments from Fed officials and data suggesting that inflation may have peaked.</p><p>&#34;For right now, the economy looks OK. And the labor market as a signal of the real economy on Main Street looks incredibly solid,&#34; said ADP&#39;s Richardson, adding she sees inflation as &#34;a threat to that outlook&#34; even if it may have peaked.</p><p>&#34;The peak is less relevant than the staying power of inflation and elevated rates,&#34; she said. &#34;That&#39;s why wages in this report were so material. While wage growth may not drive up inflation past the peak, it could play a strong role in keeping inflation around these higher levels much longer than anybody wants or anticipates.&#34;</p><p>iPhone maker Apple finished down 3.9% after a bearish brokerage outlook and a report that EU countries and lawmakers would agree next week on a common charging port for mobile devices and headphones - a proposal Apple has criticized.</p><p>Tesla shares sank 9.2% after CEO Elon Musk, in an email to executives seen by Reuters, said he has a &#34;super bad feeling&#34; about the economy and needs to cut about 10% of jobs at the electric car maker.</p><p>Meanwhile, after markets closed, FTSE Russell was due to reveal an early list of index members as a part of its annual reconstitution aimed at reflecting shifts in the broader market.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.68-to-1 ratio; on Nasdaq, a 1.79-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week high and 29 new lows; the Nasdaq Composite recorded 32 new highs and 88 new lows.</p><p>On U.S. exchanges 9.42 billion shares changed hands on Friday compared with the 12.89 billion average for the last 20 sessions.</p></body></html>","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>US STOCKS-Wall St Ends Down With Strong Jobs Data Keeping the Pressure on for Rate Hikes</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\">\nUS STOCKS-Wall St Ends Down With Strong Jobs Data Keeping the Pressure on for Rate Hikes\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\">2022-06-04 06:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li><a href=\"https://laohu8.com/S/AAPL\">Apple</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> are S&amp;P&#39;s biggest drags</li><li>Solid jobs report keeps focus on rate hike expectations</li><li>Indexes fall: Dow 1.05%, S&amp;P 1.63%, Nasdaq 2.47%</li></ul><p>(Reuters) - Wall Street&#39;s three major stock indexes ended lower on Friday after a solid jobs report ate in to hopes for a pause in the Federal Reserve&#39;s aggressive policy-tightening which is needed to cool decades-high inflation.</p><p>The technology-heavy Nasdaq led the declines, falling 2.5% as shares of market heavyweights Apple Inc and Tesla Inc were the biggest drags on the market.</p><p>Earlier, the Labor Department&#39;s closely watched report showed nonfarm payrolls rose by 390,000 jobs last month and wages grew, while the unemployment rate held steady at 3.6% - all signs of a tight labor market.</p><p>Economists polled by Reuters had forecast that nonfarm payrolls would rise by 325,000 jobs.</p><p>While the jobs report was reassuring for the current state of the economy, investors focused primarily on its potential influence on central bank policy.</p><p>&#34;The market is trying to funnel its response through what the Fed may or may not do,&#34; said Nela Richardson, chief economist at ADP, who expects the market to continue to seesaw as a result of uncertainty around interest rates and inflation.</p><p>Shawn Snyder, head of investment strategy at Citi Personal Wealth Management, saw the solid report as a double-edged sword.</p><p>&#34;It&#39;s telling us the economy is in fairly good shape which is good news but when viewed in the context of what it means for the Federal Reserve and tightening monetary policy it likely makes them more confident they can continue to tighten,&#34; he said. &#34;That comes through as a bit of a negative for investors because they&#39;re hoping for the Fed to pause later this year.&#34;</p><p>Money markets are fully pricing in 50 basis-point rate hikes by the Fed in June and July.</p><p>While the May report&#39;s slower-than-expected increase in hourly earnings looked like good news for inflation, Snyder cited rising oil prices as an offsetting factor.</p><p>The Dow Jones Industrial Average fell 348.58 points, or 1.05%, to 32,899.7, the S&amp;P 500 lost 68.28 points, or 1.63%, to 4,108.54 and the Nasdaq Composite dropped 304.16 points, or 2.47%, to 12,012.73.</p><p>Among the S&amp;P&#39;s 11 major sectors consumer discretionary was the weakest with a 2.9% drop followed by technology&#39;s 2.5% drop. The energy index, up 1.4%, was the only gainer of the pack, as oil prices rose.</p><p>For the week, the S&amp;P 500 fell 1.2% while the Nasdaq declined 0.98% and the Dow lost 0.94% after all three indexes had risen sharply the week before.</p><p>Volatility has gripped Wall Street in recent weeks as investors debated whether markets had hit a bottom against the backdrop of some hawkish comments from Fed officials and data suggesting that inflation may have peaked.</p><p>&#34;For right now, the economy looks OK. And the labor market as a signal of the real economy on Main Street looks incredibly solid,&#34; said ADP&#39;s Richardson, adding she sees inflation as &#34;a threat to that outlook&#34; even if it may have peaked.</p><p>&#34;The peak is less relevant than the staying power of inflation and elevated rates,&#34; she said. &#34;That&#39;s why wages in this report were so material. While wage growth may not drive up inflation past the peak, it could play a strong role in keeping inflation around these higher levels much longer than anybody wants or anticipates.&#34;</p><p>iPhone maker Apple finished down 3.9% after a bearish brokerage outlook and a report that EU countries and lawmakers would agree next week on a common charging port for mobile devices and headphones - a proposal Apple has criticized.</p><p>Tesla shares sank 9.2% after CEO Elon Musk, in an email to executives seen by Reuters, said he has a &#34;super bad feeling&#34; about the economy and needs to cut about 10% of jobs at the electric car maker.</p><p>Meanwhile, after markets closed, FTSE Russell was due to reveal an early list of index members as a part of its annual reconstitution aimed at reflecting shifts in the broader market.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.68-to-1 ratio; on Nasdaq, a 1.79-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week high and 29 new lows; the Nasdaq Composite recorded 32 new highs and 88 new lows.</p><p>On U.S. exchanges 9.42 billion shares changed hands on Friday compared with the 12.89 billion average for the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240270701","content_text":"Apple, Tesla are S&P's biggest dragsSolid jobs report keeps focus on rate hike expectationsIndexes fall: Dow 1.05%, S&P 1.63%, Nasdaq 2.47%(Reuters) - Wall Street's three major stock indexes ended lower on Friday after a solid jobs report ate in to hopes for a pause in the Federal Reserve's aggressive policy-tightening which is needed to cool decades-high inflation.The technology-heavy Nasdaq led the declines, falling 2.5% as shares of market heavyweights Apple Inc and Tesla Inc were the biggest drags on the market.Earlier, the Labor Department's closely watched report showed nonfarm payrolls rose by 390,000 jobs last month and wages grew, while the unemployment rate held steady at 3.6% - all signs of a tight labor market.Economists polled by Reuters had forecast that nonfarm payrolls would rise by 325,000 jobs.While the jobs report was reassuring for the current state of the economy, investors focused primarily on its potential influence on central bank policy.\"The market is trying to funnel its response through what the Fed may or may not do,\" said Nela Richardson, chief economist at ADP, who expects the market to continue to seesaw as a result of uncertainty around interest rates and inflation.Shawn Snyder, head of investment strategy at Citi Personal Wealth Management, saw the solid report as a double-edged sword.\"It's telling us the economy is in fairly good shape which is good news but when viewed in the context of what it means for the Federal Reserve and tightening monetary policy it likely makes them more confident they can continue to tighten,\" he said. \"That comes through as a bit of a negative for investors because they're hoping for the Fed to pause later this year.\"Money markets are fully pricing in 50 basis-point rate hikes by the Fed in June and July.While the May report's slower-than-expected increase in hourly earnings looked like good news for inflation, Snyder cited rising oil prices as an offsetting factor.The Dow Jones Industrial Average fell 348.58 points, or 1.05%, to 32,899.7, the S&P 500 lost 68.28 points, or 1.63%, to 4,108.54 and the Nasdaq Composite dropped 304.16 points, or 2.47%, to 12,012.73.Among the S&P's 11 major sectors consumer discretionary was the weakest with a 2.9% drop followed by technology's 2.5% drop. The energy index, up 1.4%, was the only gainer of the pack, as oil prices rose.For the week, the S&P 500 fell 1.2% while the Nasdaq declined 0.98% and the Dow lost 0.94% after all three indexes had risen sharply the week before.Volatility has gripped Wall Street in recent weeks as investors debated whether markets had hit a bottom against the backdrop of some hawkish comments from Fed officials and data suggesting that inflation may have peaked.\"For right now, the economy looks OK. And the labor market as a signal of the real economy on Main Street looks incredibly solid,\" said ADP's Richardson, adding she sees inflation as \"a threat to that outlook\" even if it may have peaked.\"The peak is less relevant than the staying power of inflation and elevated rates,\" she said. \"That's why wages in this report were so material. While wage growth may not drive up inflation past the peak, it could play a strong role in keeping inflation around these higher levels much longer than anybody wants or anticipates.\"iPhone maker Apple finished down 3.9% after a bearish brokerage outlook and a report that EU countries and lawmakers would agree next week on a common charging port for mobile devices and headphones - a proposal Apple has criticized.Tesla shares sank 9.2% after CEO Elon Musk, in an email to executives seen by Reuters, said he has a \"super bad feeling\" about the economy and needs to cut about 10% of jobs at the electric car maker.Meanwhile, after markets closed, FTSE Russell was due to reveal an early list of index members as a part of its annual reconstitution aimed at reflecting shifts in the broader market.Declining issues outnumbered advancing ones on the NYSE by a 2.68-to-1 ratio; on Nasdaq, a 1.79-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week high and 29 new lows; the Nasdaq Composite recorded 32 new highs and 88 new lows.On U.S. exchanges 9.42 billion shares changed hands on Friday compared with the 12.89 billion average for the last 20 sessions.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":8536,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9059194598,"gmtCreate":1654308943814,"gmtModify":1676535429345,"author":{"id":"3581681339318837","authorId":"3581681339318837","name":"Mama123","avatar":"https://static.tigerbbs.com/e7f57802d09afb13f2149178c4f099b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681339318837","authorIdStr":"3581681339318837"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$</a>Go up please","listText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$</a>Go up please","text":"$AMC Entertainment(AMC)$Go up 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please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/884105782","repostId":"1156788990","repostType":4,"repost":{"id":"1156788990","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":1631863262,"share":"https://ttm.financial/m/news/1156788990?lang=en_US&edition=fundamental","pubTime":"2021-09-17 15:21","market":"us","language":"en","title":"SoftBank's Vision Fund sold 57 mln Coupang shares for $1.69 bln","url":"https://stock-news.laohu8.com/highlight/detail?id=1156788990","media":"Reuters","summary":"TOKYO, Sept 17 (Reuters) - SoftBank Group's(9984.T)Vision Fund sold 57 million shares in South Korea","content":"<p>TOKYO, Sept 17 (Reuters) - SoftBank Group's(9984.T)Vision Fund sold 57 million shares in South Korean e-retailer Coupang Inc(788.F)for about $1.69 billion, according to a U.S. regulatory filing.</p>\n<p>Vision Fund sold 57 million Coupang shares at $29.685 each, and holds 568.2 million shares of the e-commerce firm following the sale,the filing showed.</p>\n<p>Coupang declined to comment.</p>\n<p>In August, Vision Fund posted a first-quarter profit of 236 billion yen ($2.15 billion).</p>\n<p>($1 = 109.8800 yen)</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>SoftBank's Vision Fund sold 57 mln Coupang shares for $1.69 bln</title>\n<style 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}\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\">\nSoftBank's Vision Fund sold 57 mln Coupang shares for $1.69 bln\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\">2021-09-17 15:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>TOKYO, Sept 17 (Reuters) - SoftBank Group's(9984.T)Vision Fund sold 57 million shares in South Korean e-retailer Coupang Inc(788.F)for about $1.69 billion, according to a U.S. regulatory filing.</p>\n<p>Vision Fund sold 57 million Coupang shares at $29.685 each, and holds 568.2 million shares of the e-commerce firm following the sale,the filing showed.</p>\n<p>Coupang declined to comment.</p>\n<p>In August, Vision Fund posted a first-quarter profit of 236 billion yen ($2.15 billion).</p>\n<p>($1 = 109.8800 yen)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","SFTBY":"软银集团"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156788990","content_text":"TOKYO, Sept 17 (Reuters) - SoftBank Group's(9984.T)Vision Fund sold 57 million shares in South Korean e-retailer Coupang Inc(788.F)for about $1.69 billion, according to a U.S. regulatory filing.\nVision Fund sold 57 million Coupang shares at $29.685 each, and holds 568.2 million shares of the e-commerce firm following the sale,the filing showed.\nCoupang declined to comment.\nIn August, Vision Fund posted a first-quarter profit of 236 billion yen ($2.15 billion).\n($1 = 109.8800 yen)","news_type":1,"symbols_score_info":{"SFTBY":0.9,"CPNG":0.9}},"isVote":1,"tweetType":1,"viewCount":1974,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884105806,"gmtCreate":1631863833905,"gmtModify":1676530655786,"author":{"id":"3581681339318837","authorId":"3581681339318837","name":"Mama123","avatar":"https://static.tigerbbs.com/e7f57802d09afb13f2149178c4f099b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681339318837","authorIdStr":"3581681339318837"},"themes":[],"title":"","htmlText":"Go up please","listText":"Go up please","text":"Go up 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please","images":[{"img":"https://static.tigerbbs.com/0359e851559758b346539a58a4d1818d","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/885874717","isVote":1,"tweetType":1,"viewCount":2115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":885872661,"gmtCreate":1631780642553,"gmtModify":1676530634014,"author":{"id":"3581681339318837","authorId":"3581681339318837","name":"Mama123","avatar":"https://static.tigerbbs.com/e7f57802d09afb13f2149178c4f099b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681339318837","authorIdStr":"3581681339318837"},"themes":[],"title":"","htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/885872661","repostId":"1113206511","repostType":4,"repost":{"id":"1113206511","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":1631779931,"share":"https://ttm.financial/m/news/1113206511?lang=en_US&edition=fundamental","pubTime":"2021-09-16 16:12","market":"us","language":"en","title":"IronNet Cybersecurity stock Popped another 30% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1113206511","media":"Tiger Newspress","summary":"IronNet Cybersecurity stock Popped another 30% in premarket trading as Q2 shows surging subscription","content":"<p>IronNet Cybersecurity stock Popped another 30% in premarket trading&nbsp;as Q2 shows surging subscription&nbsp;revenue.The&nbsp;shares&nbsp;Skyrocketed&nbsp;37.8%&nbsp;yesterday.</p>\n<p><img src=\"https://static.tigerbbs.com/8c896900715d696cf0789c502b06ffdc\" tg-width=\"850\" tg-height=\"669\" referrerpolicy=\"no-referrer\"></p>\n<p>IronNet reported quarterly revenue of $6.1 million, which was down from $7.9 million year-over-year. The company reported quarterly subscription revenue of $5.8 million, which was up from $5.3 million year-over-year.</p>\n<p>IronNet said it had $14.1 million in cash and cash equivalents at the end of the quarter.</p>\n<p>\"New customer momentum so far in the second half of our fiscal year is strong and already includes an authorization to proceed with the first installment of a deployment in a significant defense industrial base customer group,\" said&nbsp;<b>William Welch</b>, co-CEO of IronNet.</p>\n<p>IronNet began trading on the New York Stock Exchange following its business combination with LGL Systems Acquisition Corp on Aug. 26. The stock is seeing increased retail investor interest.</p>\n<p>IronNet is a global cybersecurity company that aims to transform how organizations secure their networks.</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>IronNet Cybersecurity stock Popped another 30% in premarket 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\">\nIronNet Cybersecurity stock Popped another 30% in premarket 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\">2021-09-16 16:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>IronNet Cybersecurity stock Popped another 30% in premarket trading&nbsp;as Q2 shows surging subscription&nbsp;revenue.The&nbsp;shares&nbsp;Skyrocketed&nbsp;37.8%&nbsp;yesterday.</p>\n<p><img src=\"https://static.tigerbbs.com/8c896900715d696cf0789c502b06ffdc\" tg-width=\"850\" tg-height=\"669\" referrerpolicy=\"no-referrer\"></p>\n<p>IronNet reported quarterly revenue of $6.1 million, which was down from $7.9 million year-over-year. The company reported quarterly subscription revenue of $5.8 million, which was up from $5.3 million year-over-year.</p>\n<p>IronNet said it had $14.1 million in cash and cash equivalents at the end of the quarter.</p>\n<p>\"New customer momentum so far in the second half of our fiscal year is strong and already includes an authorization to proceed with the first installment of a deployment in a significant defense industrial base customer group,\" said&nbsp;<b>William Welch</b>, co-CEO of IronNet.</p>\n<p>IronNet began trading on the New York Stock Exchange following its business combination with LGL Systems Acquisition Corp on Aug. 26. The stock is seeing increased retail investor interest.</p>\n<p>IronNet is a global cybersecurity company that aims to transform how organizations secure their networks.</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":"1113206511","content_text":"IronNet Cybersecurity stock Popped another 30% in premarket trading as Q2 shows surging subscription revenue.The shares Skyrocketed 37.8% yesterday.\n\nIronNet reported quarterly revenue of $6.1 million, which was down from $7.9 million year-over-year. The company reported quarterly subscription revenue of $5.8 million, which was up from $5.3 million year-over-year.\nIronNet said it had $14.1 million in cash and cash equivalents at the end of the quarter.\n\"New customer momentum so far in the second half of our fiscal year is strong and already includes an authorization to proceed with the first installment of a deployment in a significant defense industrial base customer group,\" said William Welch, co-CEO of IronNet.\nIronNet began trading on the New York Stock Exchange following its business combination with LGL Systems Acquisition Corp on Aug. 26. The stock is seeing increased retail investor interest.\nIronNet is a global cybersecurity company that aims to transform how organizations secure their networks.","news_type":1,"symbols_score_info":{"IRNT":0.9}},"isVote":1,"tweetType":1,"viewCount":2231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882851684,"gmtCreate":1631677249548,"gmtModify":1676530606610,"author":{"id":"3581681339318837","authorId":"3581681339318837","name":"Mama123","avatar":"https://static.tigerbbs.com/e7f57802d09afb13f2149178c4f099b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681339318837","authorIdStr":"3581681339318837"},"themes":[],"title":"","htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/882851684","repostId":"1148341685","repostType":4,"repost":{"id":"1148341685","kind":"news","pubTimestamp":1631660884,"share":"https://ttm.financial/m/news/1148341685?lang=en_US&edition=fundamental","pubTime":"2021-09-15 07:08","market":"us","language":"en","title":"U.S. stocks close lower on worries over recovery, corporate tax hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1148341685","media":"Reuters","summary":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing","content":"<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.</p>\n<p>Optimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.</p>\n<p>So far this month the S&amp;P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.</p>\n<p>“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”</p>\n<p>The advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.</p>\n<p>“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”</p>\n<p>The CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.</p>\n<p>U.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]</p>\n<p>The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p>\n<p>The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&amp;P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p>\n<p>All 11 major sectors in the S&amp;P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p>\n<p>Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&amp;P 500 and the Nasdaq.</p>\n<p>Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p>\n<p>CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p>\n<p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks close lower on worries over recovery, corporate tax hikes</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\">\nU.S. stocks close lower on worries over recovery, corporate tax hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148341685","content_text":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.\nOptimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.\nSo far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.\n“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”\nThe advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.\n“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”\nThe CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.\nU.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]\nThe long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.\nThe Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.\nAll 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.\nApple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.\nIntuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.\nCureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.\nThe S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.\nVolume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1948,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":153640989,"gmtCreate":1625023646841,"gmtModify":1703850379013,"author":{"id":"3581681339318837","authorId":"3581681339318837","name":"Mama123","avatar":"https://static.tigerbbs.com/e7f57802d09afb13f2149178c4f099b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581681339318837","idStr":"3581681339318837"},"themes":[],"title":"","htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/153640989","repostId":"1122418477","repostType":4,"isVote":1,"tweetType":1,"viewCount":2287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179114611,"gmtCreate":1626492663833,"gmtModify":1703761097878,"author":{"id":"3581681339318837","authorId":"3581681339318837","name":"Mama123","avatar":"https://static.tigerbbs.com/e7f57802d09afb13f2149178c4f099b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581681339318837","idStr":"3581681339318837"},"themes":[],"title":"","htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/179114611","repostId":"1198202103","repostType":4,"isVote":1,"tweetType":1,"viewCount":1517,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181630118,"gmtCreate":1623388666834,"gmtModify":1704202312924,"author":{"id":"3581681339318837","authorId":"3581681339318837","name":"Mama123","avatar":"https://static.tigerbbs.com/e7f57802d09afb13f2149178c4f099b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581681339318837","idStr":"3581681339318837"},"themes":[],"title":"","htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment 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please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/806858891","repostId":"1109167679","repostType":4,"isVote":1,"tweetType":1,"viewCount":1463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170095488,"gmtCreate":1626394672344,"gmtModify":1703759207293,"author":{"id":"3581681339318837","authorId":"3581681339318837","name":"Mama123","avatar":"https://static.tigerbbs.com/e7f57802d09afb13f2149178c4f099b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581681339318837","idStr":"3581681339318837"},"themes":[],"title":"","htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/170095488","repostId":"2151573133","repostType":4,"isVote":1,"tweetType":1,"viewCount":1615,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885872661,"gmtCreate":1631780642553,"gmtModify":1676530634014,"author":{"id":"3581681339318837","authorId":"3581681339318837","name":"Mama123","avatar":"https://static.tigerbbs.com/e7f57802d09afb13f2149178c4f099b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581681339318837","idStr":"3581681339318837"},"themes":[],"title":"","htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/885872661","repostId":"1113206511","repostType":4,"repost":{"id":"1113206511","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":1631779931,"share":"https://ttm.financial/m/news/1113206511?lang=en_US&edition=fundamental","pubTime":"2021-09-16 16:12","market":"us","language":"en","title":"IronNet Cybersecurity stock Popped another 30% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1113206511","media":"Tiger Newspress","summary":"IronNet Cybersecurity stock Popped another 30% in premarket trading as Q2 shows surging subscription","content":"<p>IronNet Cybersecurity stock Popped another 30% in premarket trading&nbsp;as Q2 shows surging subscription&nbsp;revenue.The&nbsp;shares&nbsp;Skyrocketed&nbsp;37.8%&nbsp;yesterday.</p>\n<p><img src=\"https://static.tigerbbs.com/8c896900715d696cf0789c502b06ffdc\" tg-width=\"850\" tg-height=\"669\" referrerpolicy=\"no-referrer\"></p>\n<p>IronNet reported quarterly revenue of $6.1 million, which was down from $7.9 million year-over-year. The company reported quarterly subscription revenue of $5.8 million, which was up from $5.3 million year-over-year.</p>\n<p>IronNet said it had $14.1 million in cash and cash equivalents at the end of the quarter.</p>\n<p>\"New customer momentum so far in the second half of our fiscal year is strong and already includes an authorization to proceed with the first installment of a deployment in a significant defense industrial base customer group,\" said&nbsp;<b>William Welch</b>, co-CEO of IronNet.</p>\n<p>IronNet began trading on the New York Stock Exchange following its business combination with LGL Systems Acquisition Corp on Aug. 26. The stock is seeing increased retail investor interest.</p>\n<p>IronNet is a global cybersecurity company that aims to transform how organizations secure their networks.</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>IronNet Cybersecurity stock Popped another 30% in premarket 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\">\nIronNet Cybersecurity stock Popped another 30% in premarket 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\">2021-09-16 16:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>IronNet Cybersecurity stock Popped another 30% in premarket trading&nbsp;as Q2 shows surging subscription&nbsp;revenue.The&nbsp;shares&nbsp;Skyrocketed&nbsp;37.8%&nbsp;yesterday.</p>\n<p><img src=\"https://static.tigerbbs.com/8c896900715d696cf0789c502b06ffdc\" tg-width=\"850\" tg-height=\"669\" referrerpolicy=\"no-referrer\"></p>\n<p>IronNet reported quarterly revenue of $6.1 million, which was down from $7.9 million year-over-year. The company reported quarterly subscription revenue of $5.8 million, which was up from $5.3 million year-over-year.</p>\n<p>IronNet said it had $14.1 million in cash and cash equivalents at the end of the quarter.</p>\n<p>\"New customer momentum so far in the second half of our fiscal year is strong and already includes an authorization to proceed with the first installment of a deployment in a significant defense industrial base customer group,\" said&nbsp;<b>William Welch</b>, co-CEO of IronNet.</p>\n<p>IronNet began trading on the New York Stock Exchange following its business combination with LGL Systems Acquisition Corp on Aug. 26. The stock is seeing increased retail investor interest.</p>\n<p>IronNet is a global cybersecurity company that aims to transform how organizations secure their networks.</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":"1113206511","content_text":"IronNet Cybersecurity stock Popped another 30% in premarket trading as Q2 shows surging subscription revenue.The shares Skyrocketed 37.8% yesterday.\n\nIronNet reported quarterly revenue of $6.1 million, which was down from $7.9 million year-over-year. The company reported quarterly subscription revenue of $5.8 million, which was up from $5.3 million year-over-year.\nIronNet said it had $14.1 million in cash and cash equivalents at the end of the quarter.\n\"New customer momentum so far in the second half of our fiscal year is strong and already includes an authorization to proceed with the first installment of a deployment in a significant defense industrial base customer group,\" said William Welch, co-CEO of IronNet.\nIronNet began trading on the New York Stock Exchange following its business combination with LGL Systems Acquisition Corp on Aug. 26. The stock is seeing increased retail investor interest.\nIronNet is a global cybersecurity company that aims to transform how organizations secure their networks.","news_type":1,"symbols_score_info":{"IRNT":0.9}},"isVote":1,"tweetType":1,"viewCount":2231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883474403,"gmtCreate":1631268766402,"gmtModify":1676530514289,"author":{"id":"3581681339318837","authorId":"3581681339318837","name":"Mama123","avatar":"https://static.tigerbbs.com/e7f57802d09afb13f2149178c4f099b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581681339318837","idStr":"3581681339318837"},"themes":[],"title":"","htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/883474403","repostId":"2166897344","repostType":4,"isVote":1,"tweetType":1,"viewCount":1390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815996356,"gmtCreate":1630634017075,"gmtModify":1676530361685,"author":{"id":"3581681339318837","authorId":"3581681339318837","name":"Mama123","avatar":"https://static.tigerbbs.com/e7f57802d09afb13f2149178c4f099b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581681339318837","idStr":"3581681339318837"},"themes":[],"title":"","htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/815996356","repostId":"2164829818","repostType":4,"isVote":1,"tweetType":1,"viewCount":1363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140949081,"gmtCreate":1625625573643,"gmtModify":1703745179025,"author":{"id":"3581681339318837","authorId":"3581681339318837","name":"Mama123","avatar":"https://static.tigerbbs.com/e7f57802d09afb13f2149178c4f099b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581681339318837","idStr":"3581681339318837"},"themes":[],"title":"","htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/140949081","repostId":"1171645479","repostType":4,"repost":{"id":"1171645479","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":1625619855,"share":"https://ttm.financial/m/news/1171645479?lang=en_US&edition=fundamental","pubTime":"2021-07-07 09:04","market":"us","language":"en","title":"Chinese EV Maker Xpeng surged 1.8% on its first day of trading in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=1171645479","media":"Tiger Newspress","summary":"HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday a","content":"<p>HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday after an initial public offering.<img src=\"https://static.tigerbbs.com/ef62788dd730141bb2fa3660afd35c73\" tg-width=\"682\" tg-height=\"528\" referrerpolicy=\"no-referrer\">Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each. Those shares opened at 168 Hong Kong dollars, a 1.8% rise.</p>\n<p>The Guangzhou-based company sold 85 million shares which equates to 5% of its stock, according to its prospectus. There is an over-allotment option to sell a further 12.75 million shares that would raise an extra $270 million.</p>\n<p>Led by Chief Executive He Xiaopeng, Xpeng will use the funds to develop more advanced smart car technologies, such as autonomous driving functions, with its in-house team of engineers, and will expand its product portfolio. It already has plans for two new car plants in <a href=\"https://laohu8.com/S/CAAS\">China</a>.</p>\n<p>It sells mainly in <a href=\"https://laohu8.com/S/CAAS\">China</a>, the world's biggest car market, where it competes with Tesla Inc(TSLA.O)and Nio Inc(NIO.N).</p>\n<p>The electric carmaker is already listed in the U.S. Usually, Chinese companies listed on Wall Street will do what's known as a secondary listing, usually in Hong Kong. This is where a company, listed on one exchange, goes on to sell shares on another.</p>\n<p>Xpeng chose a dual primary listing rather than a secondary listing as it has been listed in <a href=\"https://laohu8.com/S/NYRT\">New York</a> for less than two years. Under Hong Kong rules, a secondary listing requires at least two financial years of good regulatory compliance on another qualifying exchange.</p>\n<p>The dual primary listing allows qualified Chinese investors to take part through the Stock Connect regime linking mainland Chinese and Hong Kong markets, according to the exchange's rules.</p>\n<p>After the rally in 2020, electric car-makers have seen their shares decline this year amid increasing competition from legacy automakers, the global semiconductor shortage and general wariness among investors about holding ontoriskier assets.</p>\n<p>The Hong Kong share sale will add to Xpeng’s war chest as it competes with an array of upstarts in China, the world’s largest market for electric vehicles. It has already raised billions of dollars through its share sales as well asbank loans.</p>\n<p>Xpeng has yet to turn a profit,pledgingto break even by late 2023 or early 2024. Revenue has been increasing, however, reaching 2.95 billion yuan ($456 million) in the first quarter, withdeliveriesin May growing 483% compared to the same month a year earlier.</p>\n<p>With the proceeds from the Hong Kong offering, the company aims to expand its product portfolio and develop more advanced technology, develop new models and improve hardware technology, among other targets. The firm is also planning to expand its presence in international markets starting with some European ones.</p>\n<p>JPMorgan Chase &amp; Co. and Bank of America Corp. are joint sponsors for the Hong Kong offering.</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>Chinese EV Maker Xpeng surged 1.8% on its first day of trading in Hong Kong</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\">\nChinese EV Maker Xpeng surged 1.8% on its first day of trading in Hong Kong\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\">2021-07-07 09:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday after an initial public offering.<img src=\"https://static.tigerbbs.com/ef62788dd730141bb2fa3660afd35c73\" tg-width=\"682\" tg-height=\"528\" referrerpolicy=\"no-referrer\">Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each. Those shares opened at 168 Hong Kong dollars, a 1.8% rise.</p>\n<p>The Guangzhou-based company sold 85 million shares which equates to 5% of its stock, according to its prospectus. There is an over-allotment option to sell a further 12.75 million shares that would raise an extra $270 million.</p>\n<p>Led by Chief Executive He Xiaopeng, Xpeng will use the funds to develop more advanced smart car technologies, such as autonomous driving functions, with its in-house team of engineers, and will expand its product portfolio. It already has plans for two new car plants in <a href=\"https://laohu8.com/S/CAAS\">China</a>.</p>\n<p>It sells mainly in <a href=\"https://laohu8.com/S/CAAS\">China</a>, the world's biggest car market, where it competes with Tesla Inc(TSLA.O)and Nio Inc(NIO.N).</p>\n<p>The electric carmaker is already listed in the U.S. Usually, Chinese companies listed on Wall Street will do what's known as a secondary listing, usually in Hong Kong. This is where a company, listed on one exchange, goes on to sell shares on another.</p>\n<p>Xpeng chose a dual primary listing rather than a secondary listing as it has been listed in <a href=\"https://laohu8.com/S/NYRT\">New York</a> for less than two years. Under Hong Kong rules, a secondary listing requires at least two financial years of good regulatory compliance on another qualifying exchange.</p>\n<p>The dual primary listing allows qualified Chinese investors to take part through the Stock Connect regime linking mainland Chinese and Hong Kong markets, according to the exchange's rules.</p>\n<p>After the rally in 2020, electric car-makers have seen their shares decline this year amid increasing competition from legacy automakers, the global semiconductor shortage and general wariness among investors about holding ontoriskier assets.</p>\n<p>The Hong Kong share sale will add to Xpeng’s war chest as it competes with an array of upstarts in China, the world’s largest market for electric vehicles. It has already raised billions of dollars through its share sales as well asbank loans.</p>\n<p>Xpeng has yet to turn a profit,pledgingto break even by late 2023 or early 2024. Revenue has been increasing, however, reaching 2.95 billion yuan ($456 million) in the first quarter, withdeliveriesin May growing 483% compared to the same month a year earlier.</p>\n<p>With the proceeds from the Hong Kong offering, the company aims to expand its product portfolio and develop more advanced technology, develop new models and improve hardware technology, among other targets. The firm is also planning to expand its presence in international markets starting with some European ones.</p>\n<p>JPMorgan Chase &amp; Co. and Bank of America Corp. are joint sponsors for the Hong Kong offering.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏集团","09868":"小鹏集团-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171645479","content_text":"HONG KONG/BEIJING, July 7 - Chinese EV Maker Xpeng surged 1.8% on its Hong Kong debut on Wednesday after an initial public offering.Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each. Those shares opened at 168 Hong Kong dollars, a 1.8% rise.\nThe Guangzhou-based company sold 85 million shares which equates to 5% of its stock, according to its prospectus. There is an over-allotment option to sell a further 12.75 million shares that would raise an extra $270 million.\nLed by Chief Executive He Xiaopeng, Xpeng will use the funds to develop more advanced smart car technologies, such as autonomous driving functions, with its in-house team of engineers, and will expand its product portfolio. It already has plans for two new car plants in China.\nIt sells mainly in China, the world's biggest car market, where it competes with Tesla Inc(TSLA.O)and Nio Inc(NIO.N).\nThe electric carmaker is already listed in the U.S. Usually, Chinese companies listed on Wall Street will do what's known as a secondary listing, usually in Hong Kong. This is where a company, listed on one exchange, goes on to sell shares on another.\nXpeng chose a dual primary listing rather than a secondary listing as it has been listed in New York for less than two years. Under Hong Kong rules, a secondary listing requires at least two financial years of good regulatory compliance on another qualifying exchange.\nThe dual primary listing allows qualified Chinese investors to take part through the Stock Connect regime linking mainland Chinese and Hong Kong markets, according to the exchange's rules.\nAfter the rally in 2020, electric car-makers have seen their shares decline this year amid increasing competition from legacy automakers, the global semiconductor shortage and general wariness among investors about holding ontoriskier assets.\nThe Hong Kong share sale will add to Xpeng’s war chest as it competes with an array of upstarts in China, the world’s largest market for electric vehicles. It has already raised billions of dollars through its share sales as well asbank loans.\nXpeng has yet to turn a profit,pledgingto break even by late 2023 or early 2024. Revenue has been increasing, however, reaching 2.95 billion yuan ($456 million) in the first quarter, withdeliveriesin May growing 483% compared to the same month a year earlier.\nWith the proceeds from the Hong Kong offering, the company aims to expand its product portfolio and develop more advanced technology, develop new models and improve hardware technology, among other targets. The firm is also planning to expand its presence in international markets starting with some European ones.\nJPMorgan Chase & Co. and Bank of America Corp. are joint sponsors for the Hong Kong offering.","news_type":1,"symbols_score_info":{"NWY":0.9,"09868":0.9,"NYRT":0.9,"XPEV":0.9}},"isVote":1,"tweetType":1,"viewCount":1260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}