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2021-07-10

Aapl aapl

2021-07-06

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Stocks are flat to start the week with S&P 500 at a record

2021-07-06

Possible candidate

2021-07-05

Nice!

What Does the End of the Quarter Mean for Portfolio Management?

2021-07-05

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Is the Stock Market Open or Closed on Independence Day?

2021-07-03

Hihihihihihi

2021-06-29

Looking at this stock

2021-06-28

Interesting

2021-06-27

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2021-06-27

Wowwwww

2021-06-27

Please like and comment thx

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2021-06-25

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2021-06-23

?

Why this Tesla taxi fleet won't be allowed to operate in NYC

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The S&amp;P 500 rose 0.05% and the Nasdaq Composite gained 0.25%. U.S. markets were closed for the July 4 Independence Day holiday on Monday.</p>\n<p>U.S. shares of Chinese ride-hailing giantDidi plunged as much as 25%after China said new users could not download the app until it conducts a cybersecurity review. The announcement took markets by surprise given that Didi just made its U.S. debut on the NYSE last week.</p>\n<p>Amazonrose nearly 2% as Andy Jassy officially took over as CEO on Monday. Jeff Bezos is now the executive chairman of the board.</p>\n<p>West Texas Intermediate crude rose to asix-year highas a key meeting between oil producer group OPEC and its partners on crude output policyhas been called off. The postponement came as the United Arab Emirates&nbsp;rejected a proposal to extend oil production increase&nbsp;for a second day. At one point on Tuesday, WTI crude hit as high as $76.98, which was the highest price since November 2014, after pulling back before the opening bell.</p>\n<p>Oil's earlier jump was boosting certain energy stocks in premarket trading. Shares ofOccidental PetroleumandPioneer Natural Resourcesrose in extended trading.</p>\n<p>\"We're in depletion mode we really haven't drilled for new oil we still have it here and this is why some of the big boys, the Chevrons the Pioneers, they're going to do really well because they can produce this oil pretty quickly and really at good profit margins too,\" Sarat Sethi, portfolio manager at DCLA, said on CNBC's \"Squawk Box\" on Tuesday.</p>\n<p>The S&amp;P 500 is coming off a seven-day winning streak, its longest since August, amid a string of solid economic reports including a better-than-expected jobs report on Friday. The tech-heavy Nasdaq Composite also reached a record high in the previous session.</p>\n<p>The economy&nbsp;added 850,000 jobs last month, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting an addition of 706,000.</p>\n<p>Still, many on Wall Street expect smaller and choppier gains from the rest of the year after a strong performance in the first half amid a historic economic reopening. The S&amp;P 500 is up nearly 16% year to date.</p>\n<p>\"The US economy is booming, but this is now a known known and asset markets reflect it. What isn't so clear anymore is at what price this growth will accrue,\" Michael Wilson, chief U.S. equity strategist at Morgan Stanley, said in a note. \"Higher costs mean lower profits, another reason why the overall equity market has been narrowing... equity markets are likely to take a break this summer as things heat up,\" Wilson said.</p>\n<p>\"Everything is perfect and that worries me,\" said Sethi. \"Since October, we've had a 5% correction that's it. I do think we're in a little bit of a euphoria short-term. We do need to be careful and I do think you want to be in secular growth companies, no just chasing the market here because I do think the market's going to be very picky as to what sectors are going to do well.\"</p>\n<p>Wall Street's consensus year-end target for the S&amp;P 500 stands at 4,276, representing a near 2% loss from Friday's close of 4,352.34, according to&nbsp;the CNBC Market Strategist Survey&nbsp;that rounds up 16 top strategists' forecasts.</p>\n<p>Investors await the release of&nbsp;June Federal Open Market Committee meeting minutes due Wednesday for clues about the central bank's behind-the-scenes discussions on winding down its quantitative easing program.</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>Stocks are flat to start the week with S&P 500 at a record</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\">\nStocks are flat to start the week with S&P 500 at a record\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\">2021-07-06 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stocks were flat on Tuesday as Wall Street gets set to kick off the holiday-shortened week with the S&amp;P 500 at a record high.</p>\n<p>The Dow Jones Industrial Average fell 10 points. The S&amp;P 500 rose 0.05% and the Nasdaq Composite gained 0.25%. U.S. markets were closed for the July 4 Independence Day holiday on Monday.</p>\n<p>U.S. shares of Chinese ride-hailing giantDidi plunged as much as 25%after China said new users could not download the app until it conducts a cybersecurity review. The announcement took markets by surprise given that Didi just made its U.S. debut on the NYSE last week.</p>\n<p>Amazonrose nearly 2% as Andy Jassy officially took over as CEO on Monday. Jeff Bezos is now the executive chairman of the board.</p>\n<p>West Texas Intermediate crude rose to asix-year highas a key meeting between oil producer group OPEC and its partners on crude output policyhas been called off. The postponement came as the United Arab Emirates&nbsp;rejected a proposal to extend oil production increase&nbsp;for a second day. At one point on Tuesday, WTI crude hit as high as $76.98, which was the highest price since November 2014, after pulling back before the opening bell.</p>\n<p>Oil's earlier jump was boosting certain energy stocks in premarket trading. Shares ofOccidental PetroleumandPioneer Natural Resourcesrose in extended trading.</p>\n<p>\"We're in depletion mode we really haven't drilled for new oil we still have it here and this is why some of the big boys, the Chevrons the Pioneers, they're going to do really well because they can produce this oil pretty quickly and really at good profit margins too,\" Sarat Sethi, portfolio manager at DCLA, said on CNBC's \"Squawk Box\" on Tuesday.</p>\n<p>The S&amp;P 500 is coming off a seven-day winning streak, its longest since August, amid a string of solid economic reports including a better-than-expected jobs report on Friday. The tech-heavy Nasdaq Composite also reached a record high in the previous session.</p>\n<p>The economy&nbsp;added 850,000 jobs last month, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting an addition of 706,000.</p>\n<p>Still, many on Wall Street expect smaller and choppier gains from the rest of the year after a strong performance in the first half amid a historic economic reopening. The S&amp;P 500 is up nearly 16% year to date.</p>\n<p>\"The US economy is booming, but this is now a known known and asset markets reflect it. What isn't so clear anymore is at what price this growth will accrue,\" Michael Wilson, chief U.S. equity strategist at Morgan Stanley, said in a note. \"Higher costs mean lower profits, another reason why the overall equity market has been narrowing... equity markets are likely to take a break this summer as things heat up,\" Wilson said.</p>\n<p>\"Everything is perfect and that worries me,\" said Sethi. \"Since October, we've had a 5% correction that's it. I do think we're in a little bit of a euphoria short-term. We do need to be careful and I do think you want to be in secular growth companies, no just chasing the market here because I do think the market's going to be very picky as to what sectors are going to do well.\"</p>\n<p>Wall Street's consensus year-end target for the S&amp;P 500 stands at 4,276, representing a near 2% loss from Friday's close of 4,352.34, according to&nbsp;the CNBC Market Strategist Survey&nbsp;that rounds up 16 top strategists' forecasts.</p>\n<p>Investors await the release of&nbsp;June Federal Open Market Committee meeting minutes due Wednesday for clues about the central bank's behind-the-scenes discussions on winding down its quantitative easing program.</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193945741","content_text":"Stocks were flat on Tuesday as Wall Street gets set to kick off the holiday-shortened week with the S&P 500 at a record high.\nThe Dow Jones Industrial Average fell 10 points. The S&P 500 rose 0.05% and the Nasdaq Composite gained 0.25%. U.S. markets were closed for the July 4 Independence Day holiday on Monday.\nU.S. shares of Chinese ride-hailing giantDidi plunged as much as 25%after China said new users could not download the app until it conducts a cybersecurity review. The announcement took markets by surprise given that Didi just made its U.S. debut on the NYSE last week.\nAmazonrose nearly 2% as Andy Jassy officially took over as CEO on Monday. Jeff Bezos is now the executive chairman of the board.\nWest Texas Intermediate crude rose to asix-year highas a key meeting between oil producer group OPEC and its partners on crude output policyhas been called off. The postponement came as the United Arab Emirates rejected a proposal to extend oil production increase for a second day. At one point on Tuesday, WTI crude hit as high as $76.98, which was the highest price since November 2014, after pulling back before the opening bell.\nOil's earlier jump was boosting certain energy stocks in premarket trading. Shares ofOccidental PetroleumandPioneer Natural Resourcesrose in extended trading.\n\"We're in depletion mode we really haven't drilled for new oil we still have it here and this is why some of the big boys, the Chevrons the Pioneers, they're going to do really well because they can produce this oil pretty quickly and really at good profit margins too,\" Sarat Sethi, portfolio manager at DCLA, said on CNBC's \"Squawk Box\" on Tuesday.\nThe S&P 500 is coming off a seven-day winning streak, its longest since August, amid a string of solid economic reports including a better-than-expected jobs report on Friday. The tech-heavy Nasdaq Composite also reached a record high in the previous session.\nThe economy added 850,000 jobs last month, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting an addition of 706,000.\nStill, many on Wall Street expect smaller and choppier gains from the rest of the year after a strong performance in the first half amid a historic economic reopening. The S&P 500 is up nearly 16% year to date.\n\"The US economy is booming, but this is now a known known and asset markets reflect it. What isn't so clear anymore is at what price this growth will accrue,\" Michael Wilson, chief U.S. equity strategist at Morgan Stanley, said in a note. \"Higher costs mean lower profits, another reason why the overall equity market has been narrowing... equity markets are likely to take a break this summer as things heat up,\" Wilson said.\n\"Everything is perfect and that worries me,\" said Sethi. \"Since October, we've had a 5% correction that's it. I do think we're in a little bit of a euphoria short-term. We do need to be careful and I do think you want to be in secular growth companies, no just chasing the market here because I do think the market's going to be very picky as to what sectors are going to do well.\"\nWall Street's consensus year-end target for the S&P 500 stands at 4,276, representing a near 2% loss from Friday's close of 4,352.34, according to the CNBC Market Strategist Survey that rounds up 16 top strategists' forecasts.\nInvestors await the release of June Federal Open Market Committee meeting minutes due Wednesday for clues about the central bank's behind-the-scenes discussions on winding down its quantitative easing program.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157861508,"gmtCreate":1625578305004,"gmtModify":1703744156127,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087124655525870","authorIdStr":"4087124655525870"},"themes":[],"htmlText":"Possible candidate","listText":"Possible candidate","text":"Possible candidate","images":[{"img":"https://static.tigerbbs.com/4034b9c48a1377f3d97d9fdbe0eba87b","width":"1440","height":"2854"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157861508","isVote":1,"tweetType":1,"viewCount":957,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":154137901,"gmtCreate":1625488441703,"gmtModify":1703742568096,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087124655525870","authorIdStr":"4087124655525870"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/154137901","repostId":"1155435134","repostType":4,"repost":{"id":"1155435134","kind":"news","pubTimestamp":1625483300,"share":"https://ttm.financial/m/news/1155435134?lang=en_US&edition=fundamental","pubTime":"2021-07-05 19:08","market":"hk","language":"en","title":"What Does the End of the Quarter Mean for Portfolio Management?","url":"https://stock-news.laohu8.com/highlight/detail?id=1155435134","media":"investopedia","summary":"The \"end of the quarter\" refers to the conclusion of one of four specific three-month periods on the","content":"<p>The \"end of the quarter\" refers to the conclusion of one of four specific three-month periods on the financial calendar. Thefour quartersend in March, or Q1; June, or Q2; September, or Q3; and December, or Q4. These are considered important times for investors. Many businesses, analysts, government agencies, and theFederal Reserverelease critical new data about various markets or economic indicators at the end of a quarter.</p>\n<p>There's a widely held belief in financial circles that hedge funds, pension funds, and insurance companies always rebalance their portfolios at the end of each quarter. While no proof or evidence has ever been put forward to confirm this practice or its prevalence, the very idea reinforces the concept that the end of a quarter is significant.</p>\n<p>Even if major financial players do not always rebalance at the end of quarters, many investors use this time to re-evaluate their ownportfolio management, changing which assets comprise the portfolio or setting new portfolio targets. Not only is it a good idea for investors to monitor their investments from time-to-time but rarely is so much new, actionable information released as during the end of a quarter.</p>\n<p>Rebalancing a Portfolio</p>\n<p>Rebalancinginvolves the periodic sale and purchase of assets within a portfolio to maintain a target ratio.2Consider an investor who wants his portfolio to be comprised of 50% growth stocks, 25% income stocks, and 25% bonds. If during Q1, the growth stocks outperform the other investments substantially, the investor may decide to sell some growth stocks or purchase more income stocks and bonds to bring the portfolio back to a 50-25-25 split.</p>\n<p>KEY TAKEAWAYS</p>\n<ul>\n <li>The end of the three-month period known as a financial quarter is considered an important time for investors.</li>\n <li>Companies, financial analysts, and government agencies (including the Fed) all release reports and critical data at the end of a quarter.</li>\n <li>Both retail and institutional investors often use the end of a quarter to re-evaluate and rebalance their portfolios.</li>\n</ul>\n<p>Traditional rebalancing involves trading the gains of well-performing assets, by selling high, for more low-performing assets, by buying low, at the end of each quarter. Theoretically, this serves to protect a portfolio from being too exposed or straying too far from its original strategy. However, pegging rebalances to the end of quarters relies on arbitrary calendar events which may not coincide with market movements. Nevertheless, the confluence of new reports that emerge at the end of quarters usually causes market reactions and should be of concern to most participants.</p>\n<p>Institutional Investors and Rebalancing</p>\n<p>It is not just individual investors who consider making portfolio moves at the end of quarters. Portfolio management is also important for institutional investors, like mutual funds and exchange-traded funds, or ETFs.3</p>\n<p>There are two forms of fund portfolio management: active and passive.4Passive funds generally peg their portfolios to market indexes and involve fewer changes in exchange for lower management fees. The end of a quarter is less significant for these types of funds, though if theirbenchmark indexeschange at this time, they will as well.</p>\n<p>Active funds have a manager or team of managers who take a more proactive approach to beat market average returns. These funds can be quite active during the end of quarters, especially if their portfolios need to be adjusted to meet their previously stated goals and strategies.</p>","source":"lsy1606203311635","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>What Does the End of the Quarter Mean for Portfolio Management?</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\">\nWhat Does the End of the Quarter Mean for Portfolio Management?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investopedia.com/ask/answers/122214/what-does-end-quarter-mean-portfolio-management.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral><strong>investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The \"end of the quarter\" refers to the conclusion of one of four specific three-month periods on the financial calendar. Thefour quartersend in March, or Q1; June, or Q2; September, or Q3; and ...</p>\n\n<a href=\"https://www.investopedia.com/ask/answers/122214/what-does-end-quarter-mean-portfolio-management.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.investopedia.com/ask/answers/122214/what-does-end-quarter-mean-portfolio-management.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155435134","content_text":"The \"end of the quarter\" refers to the conclusion of one of four specific three-month periods on the financial calendar. Thefour quartersend in March, or Q1; June, or Q2; September, or Q3; and December, or Q4. These are considered important times for investors. Many businesses, analysts, government agencies, and theFederal Reserverelease critical new data about various markets or economic indicators at the end of a quarter.\nThere's a widely held belief in financial circles that hedge funds, pension funds, and insurance companies always rebalance their portfolios at the end of each quarter. While no proof or evidence has ever been put forward to confirm this practice or its prevalence, the very idea reinforces the concept that the end of a quarter is significant.\nEven if major financial players do not always rebalance at the end of quarters, many investors use this time to re-evaluate their ownportfolio management, changing which assets comprise the portfolio or setting new portfolio targets. Not only is it a good idea for investors to monitor their investments from time-to-time but rarely is so much new, actionable information released as during the end of a quarter.\nRebalancing a Portfolio\nRebalancinginvolves the periodic sale and purchase of assets within a portfolio to maintain a target ratio.2Consider an investor who wants his portfolio to be comprised of 50% growth stocks, 25% income stocks, and 25% bonds. If during Q1, the growth stocks outperform the other investments substantially, the investor may decide to sell some growth stocks or purchase more income stocks and bonds to bring the portfolio back to a 50-25-25 split.\nKEY TAKEAWAYS\n\nThe end of the three-month period known as a financial quarter is considered an important time for investors.\nCompanies, financial analysts, and government agencies (including the Fed) all release reports and critical data at the end of a quarter.\nBoth retail and institutional investors often use the end of a quarter to re-evaluate and rebalance their portfolios.\n\nTraditional rebalancing involves trading the gains of well-performing assets, by selling high, for more low-performing assets, by buying low, at the end of each quarter. Theoretically, this serves to protect a portfolio from being too exposed or straying too far from its original strategy. However, pegging rebalances to the end of quarters relies on arbitrary calendar events which may not coincide with market movements. Nevertheless, the confluence of new reports that emerge at the end of quarters usually causes market reactions and should be of concern to most participants.\nInstitutional Investors and Rebalancing\nIt is not just individual investors who consider making portfolio moves at the end of quarters. Portfolio management is also important for institutional investors, like mutual funds and exchange-traded funds, or ETFs.3\nThere are two forms of fund portfolio management: active and passive.4Passive funds generally peg their portfolios to market indexes and involve fewer changes in exchange for lower management fees. The end of a quarter is less significant for these types of funds, though if theirbenchmark indexeschange at this time, they will as well.\nActive funds have a manager or team of managers who take a more proactive approach to beat market average returns. These funds can be quite active during the end of quarters, especially if their portfolios need to be adjusted to meet their previously stated goals and strategies.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1729,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154135152,"gmtCreate":1625488332376,"gmtModify":1703742565801,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087124655525870","authorIdStr":"4087124655525870"},"themes":[],"htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/154135152","repostId":"1109703914","repostType":4,"repost":{"id":"1109703914","kind":"news","pubTimestamp":1625464355,"share":"https://ttm.financial/m/news/1109703914?lang=en_US&edition=fundamental","pubTime":"2021-07-05 13:52","market":"us","language":"en","title":"Is the Stock Market Open or Closed on Independence Day?","url":"https://stock-news.laohu8.com/highlight/detail?id=1109703914","media":"Thestreet","summary":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.So will the major markets open or close for the holiday?The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.It's one of nine full-closing daysfor the stock market this year.For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading i","content":"<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.</p>\n<p>So will the major markets open or close for the holiday?</p>\n<p>The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.</p>\n<p>It's&nbsp;one of nine full-closing daysfor the stock market this year.</p>\n<p>For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.</p>\n<p>Normal stock-trading hours run 9:30 a.m. to 4 p.m. ET.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is the Stock Market Open or Closed on Independence Day?</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\">\nIs the Stock Market Open or Closed on Independence Day?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 13:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the...</p>\n\n<a href=\"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109703914","content_text":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the holiday?\nThe New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.\nIt's one of nine full-closing daysfor the stock market this year.\nFor instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.\nNormal stock-trading hours run 9:30 a.m. to 4 p.m. ET.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152270002,"gmtCreate":1625303304206,"gmtModify":1703740245833,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087124655525870","authorIdStr":"4087124655525870"},"themes":[],"htmlText":"Hihihihihihi","listText":"Hihihihihihi","text":"Hihihihihihi","images":[{"img":"https://static.tigerbbs.com/ff3fde7cbd3ceb94e2079fb98d4485b7","width":"1440","height":"2854"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152270002","isVote":1,"tweetType":1,"viewCount":1247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":159368248,"gmtCreate":1624942101784,"gmtModify":1703848500647,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087124655525870","authorIdStr":"4087124655525870"},"themes":[],"htmlText":"Looking at this stock","listText":"Looking at this stock","text":"Looking at this stock","images":[{"img":"https://static.tigerbbs.com/df002fa7d769fdc361f7e6341c52433e","width":"1440","height":"2970"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159368248","isVote":1,"tweetType":1,"viewCount":894,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":127233238,"gmtCreate":1624850111924,"gmtModify":1703846160755,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087124655525870","authorIdStr":"4087124655525870"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[{"img":"https://static.tigerbbs.com/56a7ef1ed5a1d9d4974fafbb0e2b0d46","width":"1440","height":"2854"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127233238","isVote":1,"tweetType":1,"viewCount":794,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":124763552,"gmtCreate":1624793924376,"gmtModify":1703845227763,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087124655525870","authorIdStr":"4087124655525870"},"themes":[],"htmlText":"Like and comment please thanks","listText":"Like and comment please thanks","text":"Like and comment please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/124763552","repostId":"2146090006","repostType":4,"isVote":1,"tweetType":1,"viewCount":1865,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124272660,"gmtCreate":1624769909950,"gmtModify":1703844865023,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087124655525870","authorIdStr":"4087124655525870"},"themes":[],"htmlText":"Wowwwww","listText":"Wowwwww","text":"Wowwwww","images":[{"img":"https://static.tigerbbs.com/00491f04f962515bf3fe09e799b519da","width":"1440","height":"2854"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124272660","isVote":1,"tweetType":1,"viewCount":1234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":124276760,"gmtCreate":1624769866650,"gmtModify":1703844862439,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087124655525870","authorIdStr":"4087124655525870"},"themes":[],"htmlText":"Please like and comment thx","listText":"Please like and comment thx","text":"Please like and comment thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124276760","repostId":"2146090006","repostType":4,"isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122368918,"gmtCreate":1624598161634,"gmtModify":1703841399623,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087124655525870","authorIdStr":"4087124655525870"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122368918","repostId":"2146029313","repostType":4,"isVote":1,"tweetType":1,"viewCount":629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123406273,"gmtCreate":1624432507692,"gmtModify":1703836517664,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087124655525870","authorIdStr":"4087124655525870"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123406273","repostId":"2145066431","repostType":4,"repost":{"id":"2145066431","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":1624429920,"share":"https://ttm.financial/m/news/2145066431?lang=en_US&edition=fundamental","pubTime":"2021-06-23 14:32","market":"us","language":"en","title":"Why this Tesla taxi fleet won't be allowed to operate in NYC","url":"https://stock-news.laohu8.com/highlight/detail?id=2145066431","media":"Dow Jones","summary":"The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 5","content":"<p>The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 50 Model Y Tesla taxis</p>\n<p>New York's taxi regulator voted Tuesday to stop issuing new for-hire licenses for electric vehicles, snubbing a ride-share company that wanted to launch an all-Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> ride-sharing rival to Uber <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a> and Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a>.</p>\n<p>The five-to-<a href=\"https://laohu8.com/S/AONE\">one</a> vote by the Taxi and Limousine Commission blocks electric transit startup Revel from launching its fleet of 50 Model Y Tesla taxis without breaking city rules. The TLC argued that Revel can still operate if it buys 50 gas cars and swaps their licenses out for electric vehicles -- a requirement that Revel called \"the very definition of limiting market competition.\"</p>\n<p>\"It is not sustainable to allow an unlimited number of new vehicles to the road in a city that is all too familiar with the choke of traffic congestion,\" TLC Chair Aloysee Heredia Jarmoszuk said at Tuesday's meeting. \"What we will not allow is the opportunity for another corporation -- venture capitalists or otherwise -- to flood our streets with additional cars.\"</p>\n<p>The TLC's ruling came a day after it posted a bizarre notice saying that it had already voted to stop issuing electric vehicle licenses . The TLC said Monday that the notice was posted in accordance with city rules, but legal and transit experts told the Post that such notices don't typically use past-tense language, adding that it may have discouraged New Yorkers from weighing in at Tuesday's hearing.</p>\n<p>Revel CEO Frank Reig slammed the TLC's ban in a three-minute speech at the meeting, saying that in addition to its plan for environmentally friendly taxis, Revel offered its drivers fairer treatment than Uber and Lyft because it hired them as full-time employees.</p>\n<p>\"We're offering exactly what this commission has been asking for for years: fair treatment and stable pay for drivers -- who are all W-2 employees with benefits -- and a plan to drive EV adoption in the city,\" Reig said.</p>\n<p>Reig's company -- which has raised $31.6 million from backers including Toyota, according to Crunchbase -- griped that the TLC \"offered no evidence or analysis\" to support its move to end the electric vehicle exemption.</p>\n<p>\"The Commissioners sat through almost 3 hours of testimony on all sides yet asked zero questions and spent zero time deliberating before making a policy decision with profound consequences,\" Reig said in a statement. \"The TLC never intended to consider what drivers and New Yorkers had to say, and only cared about jamming through this vote on Primary Day with as little scrutiny as possible.\"</p>\n<p>Revel's plan would have been allowed under previous TLC rules, but shortly after Revel announced its plans to launch the Tesla service in April, TLC Chair Heredia Jarmoszuk said the agency planned to eliminate the electric vehicle exemption for ride-sharing licenses.</p>\n<p>Representatives of the New York Taxi Workers Alliance and several taxi drivers praised the TLC's rule change, while the Independent Drivers Guild and activist groups including the Sierra Club and Tristate Transportation Campaign blasted it, saying it would set back efforts to address climate change.</p>\n<p>The sole TLC commissioner to vote against the rule was Bill Aguado, an artist and activist who represents the Bronx. Commissioners Lauvienska Polanco and Nora Constance Marino were not present.</p>\n<p>Last week, asked if Revel would ignore a potential TLC decision against the company and launch its ride-share service anyway, Reig said the company will hit the streets.</p>\n<p>\"We are going to be on the streets because we know the law is completely on our side,\" he said. \"Never in Revel's history have we operated illegally.\"</p>\n<p>This story originally ran on NYPost.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>Why this Tesla taxi fleet won't be allowed to operate in NYC</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 this Tesla taxi fleet won't be allowed to operate in NYC\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\">2021-06-23 14:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 50 Model Y Tesla taxis</p>\n<p>New York's taxi regulator voted Tuesday to stop issuing new for-hire licenses for electric vehicles, snubbing a ride-share company that wanted to launch an all-Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> ride-sharing rival to Uber <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a> and Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a>.</p>\n<p>The five-to-<a href=\"https://laohu8.com/S/AONE\">one</a> vote by the Taxi and Limousine Commission blocks electric transit startup Revel from launching its fleet of 50 Model Y Tesla taxis without breaking city rules. The TLC argued that Revel can still operate if it buys 50 gas cars and swaps their licenses out for electric vehicles -- a requirement that Revel called \"the very definition of limiting market competition.\"</p>\n<p>\"It is not sustainable to allow an unlimited number of new vehicles to the road in a city that is all too familiar with the choke of traffic congestion,\" TLC Chair Aloysee Heredia Jarmoszuk said at Tuesday's meeting. \"What we will not allow is the opportunity for another corporation -- venture capitalists or otherwise -- to flood our streets with additional cars.\"</p>\n<p>The TLC's ruling came a day after it posted a bizarre notice saying that it had already voted to stop issuing electric vehicle licenses . The TLC said Monday that the notice was posted in accordance with city rules, but legal and transit experts told the Post that such notices don't typically use past-tense language, adding that it may have discouraged New Yorkers from weighing in at Tuesday's hearing.</p>\n<p>Revel CEO Frank Reig slammed the TLC's ban in a three-minute speech at the meeting, saying that in addition to its plan for environmentally friendly taxis, Revel offered its drivers fairer treatment than Uber and Lyft because it hired them as full-time employees.</p>\n<p>\"We're offering exactly what this commission has been asking for for years: fair treatment and stable pay for drivers -- who are all W-2 employees with benefits -- and a plan to drive EV adoption in the city,\" Reig said.</p>\n<p>Reig's company -- which has raised $31.6 million from backers including Toyota, according to Crunchbase -- griped that the TLC \"offered no evidence or analysis\" to support its move to end the electric vehicle exemption.</p>\n<p>\"The Commissioners sat through almost 3 hours of testimony on all sides yet asked zero questions and spent zero time deliberating before making a policy decision with profound consequences,\" Reig said in a statement. \"The TLC never intended to consider what drivers and New Yorkers had to say, and only cared about jamming through this vote on Primary Day with as little scrutiny as possible.\"</p>\n<p>Revel's plan would have been allowed under previous TLC rules, but shortly after Revel announced its plans to launch the Tesla service in April, TLC Chair Heredia Jarmoszuk said the agency planned to eliminate the electric vehicle exemption for ride-sharing licenses.</p>\n<p>Representatives of the New York Taxi Workers Alliance and several taxi drivers praised the TLC's rule change, while the Independent Drivers Guild and activist groups including the Sierra Club and Tristate Transportation Campaign blasted it, saying it would set back efforts to address climate change.</p>\n<p>The sole TLC commissioner to vote against the rule was Bill Aguado, an artist and activist who represents the Bronx. Commissioners Lauvienska Polanco and Nora Constance Marino were not present.</p>\n<p>Last week, asked if Revel would ignore a potential TLC decision against the company and launch its ride-share service anyway, Reig said the company will hit the streets.</p>\n<p>\"We are going to be on the streets because we know the law is completely on our side,\" he said. \"Never in Revel's history have we operated illegally.\"</p>\n<p>This story originally ran on NYPost.com.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145066431","content_text":"The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 50 Model Y Tesla taxis\nNew York's taxi regulator voted Tuesday to stop issuing new for-hire licenses for electric vehicles, snubbing a ride-share company that wanted to launch an all-Tesla $(TSLA)$ ride-sharing rival to Uber $(UBER)$ and Lyft $(LYFT)$.\nThe five-to-one vote by the Taxi and Limousine Commission blocks electric transit startup Revel from launching its fleet of 50 Model Y Tesla taxis without breaking city rules. The TLC argued that Revel can still operate if it buys 50 gas cars and swaps their licenses out for electric vehicles -- a requirement that Revel called \"the very definition of limiting market competition.\"\n\"It is not sustainable to allow an unlimited number of new vehicles to the road in a city that is all too familiar with the choke of traffic congestion,\" TLC Chair Aloysee Heredia Jarmoszuk said at Tuesday's meeting. \"What we will not allow is the opportunity for another corporation -- venture capitalists or otherwise -- to flood our streets with additional cars.\"\nThe TLC's ruling came a day after it posted a bizarre notice saying that it had already voted to stop issuing electric vehicle licenses . The TLC said Monday that the notice was posted in accordance with city rules, but legal and transit experts told the Post that such notices don't typically use past-tense language, adding that it may have discouraged New Yorkers from weighing in at Tuesday's hearing.\nRevel CEO Frank Reig slammed the TLC's ban in a three-minute speech at the meeting, saying that in addition to its plan for environmentally friendly taxis, Revel offered its drivers fairer treatment than Uber and Lyft because it hired them as full-time employees.\n\"We're offering exactly what this commission has been asking for for years: fair treatment and stable pay for drivers -- who are all W-2 employees with benefits -- and a plan to drive EV adoption in the city,\" Reig said.\nReig's company -- which has raised $31.6 million from backers including Toyota, according to Crunchbase -- griped that the TLC \"offered no evidence or analysis\" to support its move to end the electric vehicle exemption.\n\"The Commissioners sat through almost 3 hours of testimony on all sides yet asked zero questions and spent zero time deliberating before making a policy decision with profound consequences,\" Reig said in a statement. \"The TLC never intended to consider what drivers and New Yorkers had to say, and only cared about jamming through this vote on Primary Day with as little scrutiny as possible.\"\nRevel's plan would have been allowed under previous TLC rules, but shortly after Revel announced its plans to launch the Tesla service in April, TLC Chair Heredia Jarmoszuk said the agency planned to eliminate the electric vehicle exemption for ride-sharing licenses.\nRepresentatives of the New York Taxi Workers Alliance and several taxi drivers praised the TLC's rule change, while the Independent Drivers Guild and activist groups including the Sierra Club and Tristate Transportation Campaign blasted it, saying it would set back efforts to address climate change.\nThe sole TLC commissioner to vote against the rule was Bill Aguado, an artist and activist who represents the Bronx. Commissioners Lauvienska Polanco and Nora Constance Marino were not present.\nLast week, asked if Revel would ignore a potential TLC decision against the company and launch its ride-share service anyway, Reig said the company will hit the streets.\n\"We are going to be on the streets because we know the law is completely on our side,\" he said. \"Never in Revel's history have we operated illegally.\"\nThis story originally ran on NYPost.com.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":157820926,"gmtCreate":1625578466965,"gmtModify":1703744166124,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087124655525870","idStr":"4087124655525870"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/157820926","repostId":"1193945741","repostType":4,"repost":{"id":"1193945741","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":1625578287,"share":"https://ttm.financial/m/news/1193945741?lang=en_US&edition=fundamental","pubTime":"2021-07-06 21:31","market":"us","language":"en","title":"Stocks are flat to start the week with S&P 500 at a record","url":"https://stock-news.laohu8.com/highlight/detail?id=1193945741","media":"Tiger Newspress","summary":"Stocks were flat on Tuesday as Wall Street gets set to kick off the holiday-shortened week with the ","content":"<p>Stocks were flat on Tuesday as Wall Street gets set to kick off the holiday-shortened week with the S&amp;P 500 at a record high.</p>\n<p>The Dow Jones Industrial Average fell 10 points. The S&amp;P 500 rose 0.05% and the Nasdaq Composite gained 0.25%. U.S. markets were closed for the July 4 Independence Day holiday on Monday.</p>\n<p>U.S. shares of Chinese ride-hailing giantDidi plunged as much as 25%after China said new users could not download the app until it conducts a cybersecurity review. The announcement took markets by surprise given that Didi just made its U.S. debut on the NYSE last week.</p>\n<p>Amazonrose nearly 2% as Andy Jassy officially took over as CEO on Monday. Jeff Bezos is now the executive chairman of the board.</p>\n<p>West Texas Intermediate crude rose to asix-year highas a key meeting between oil producer group OPEC and its partners on crude output policyhas been called off. The postponement came as the United Arab Emirates&nbsp;rejected a proposal to extend oil production increase&nbsp;for a second day. At one point on Tuesday, WTI crude hit as high as $76.98, which was the highest price since November 2014, after pulling back before the opening bell.</p>\n<p>Oil's earlier jump was boosting certain energy stocks in premarket trading. Shares ofOccidental PetroleumandPioneer Natural Resourcesrose in extended trading.</p>\n<p>\"We're in depletion mode we really haven't drilled for new oil we still have it here and this is why some of the big boys, the Chevrons the Pioneers, they're going to do really well because they can produce this oil pretty quickly and really at good profit margins too,\" Sarat Sethi, portfolio manager at DCLA, said on CNBC's \"Squawk Box\" on Tuesday.</p>\n<p>The S&amp;P 500 is coming off a seven-day winning streak, its longest since August, amid a string of solid economic reports including a better-than-expected jobs report on Friday. The tech-heavy Nasdaq Composite also reached a record high in the previous session.</p>\n<p>The economy&nbsp;added 850,000 jobs last month, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting an addition of 706,000.</p>\n<p>Still, many on Wall Street expect smaller and choppier gains from the rest of the year after a strong performance in the first half amid a historic economic reopening. The S&amp;P 500 is up nearly 16% year to date.</p>\n<p>\"The US economy is booming, but this is now a known known and asset markets reflect it. What isn't so clear anymore is at what price this growth will accrue,\" Michael Wilson, chief U.S. equity strategist at Morgan Stanley, said in a note. \"Higher costs mean lower profits, another reason why the overall equity market has been narrowing... equity markets are likely to take a break this summer as things heat up,\" Wilson said.</p>\n<p>\"Everything is perfect and that worries me,\" said Sethi. \"Since October, we've had a 5% correction that's it. I do think we're in a little bit of a euphoria short-term. We do need to be careful and I do think you want to be in secular growth companies, no just chasing the market here because I do think the market's going to be very picky as to what sectors are going to do well.\"</p>\n<p>Wall Street's consensus year-end target for the S&amp;P 500 stands at 4,276, representing a near 2% loss from Friday's close of 4,352.34, according to&nbsp;the CNBC Market Strategist Survey&nbsp;that rounds up 16 top strategists' forecasts.</p>\n<p>Investors await the release of&nbsp;June Federal Open Market Committee meeting minutes due Wednesday for clues about the central bank's behind-the-scenes discussions on winding down its quantitative easing program.</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>Stocks are flat to start the week with S&P 500 at a record</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\">\nStocks are flat to start the week with S&P 500 at a record\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\">2021-07-06 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stocks were flat on Tuesday as Wall Street gets set to kick off the holiday-shortened week with the S&amp;P 500 at a record high.</p>\n<p>The Dow Jones Industrial Average fell 10 points. The S&amp;P 500 rose 0.05% and the Nasdaq Composite gained 0.25%. U.S. markets were closed for the July 4 Independence Day holiday on Monday.</p>\n<p>U.S. shares of Chinese ride-hailing giantDidi plunged as much as 25%after China said new users could not download the app until it conducts a cybersecurity review. The announcement took markets by surprise given that Didi just made its U.S. debut on the NYSE last week.</p>\n<p>Amazonrose nearly 2% as Andy Jassy officially took over as CEO on Monday. Jeff Bezos is now the executive chairman of the board.</p>\n<p>West Texas Intermediate crude rose to asix-year highas a key meeting between oil producer group OPEC and its partners on crude output policyhas been called off. The postponement came as the United Arab Emirates&nbsp;rejected a proposal to extend oil production increase&nbsp;for a second day. At one point on Tuesday, WTI crude hit as high as $76.98, which was the highest price since November 2014, after pulling back before the opening bell.</p>\n<p>Oil's earlier jump was boosting certain energy stocks in premarket trading. Shares ofOccidental PetroleumandPioneer Natural Resourcesrose in extended trading.</p>\n<p>\"We're in depletion mode we really haven't drilled for new oil we still have it here and this is why some of the big boys, the Chevrons the Pioneers, they're going to do really well because they can produce this oil pretty quickly and really at good profit margins too,\" Sarat Sethi, portfolio manager at DCLA, said on CNBC's \"Squawk Box\" on Tuesday.</p>\n<p>The S&amp;P 500 is coming off a seven-day winning streak, its longest since August, amid a string of solid economic reports including a better-than-expected jobs report on Friday. The tech-heavy Nasdaq Composite also reached a record high in the previous session.</p>\n<p>The economy&nbsp;added 850,000 jobs last month, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting an addition of 706,000.</p>\n<p>Still, many on Wall Street expect smaller and choppier gains from the rest of the year after a strong performance in the first half amid a historic economic reopening. The S&amp;P 500 is up nearly 16% year to date.</p>\n<p>\"The US economy is booming, but this is now a known known and asset markets reflect it. What isn't so clear anymore is at what price this growth will accrue,\" Michael Wilson, chief U.S. equity strategist at Morgan Stanley, said in a note. \"Higher costs mean lower profits, another reason why the overall equity market has been narrowing... equity markets are likely to take a break this summer as things heat up,\" Wilson said.</p>\n<p>\"Everything is perfect and that worries me,\" said Sethi. \"Since October, we've had a 5% correction that's it. I do think we're in a little bit of a euphoria short-term. We do need to be careful and I do think you want to be in secular growth companies, no just chasing the market here because I do think the market's going to be very picky as to what sectors are going to do well.\"</p>\n<p>Wall Street's consensus year-end target for the S&amp;P 500 stands at 4,276, representing a near 2% loss from Friday's close of 4,352.34, according to&nbsp;the CNBC Market Strategist Survey&nbsp;that rounds up 16 top strategists' forecasts.</p>\n<p>Investors await the release of&nbsp;June Federal Open Market Committee meeting minutes due Wednesday for clues about the central bank's behind-the-scenes discussions on winding down its quantitative easing program.</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193945741","content_text":"Stocks were flat on Tuesday as Wall Street gets set to kick off the holiday-shortened week with the S&P 500 at a record high.\nThe Dow Jones Industrial Average fell 10 points. The S&P 500 rose 0.05% and the Nasdaq Composite gained 0.25%. U.S. markets were closed for the July 4 Independence Day holiday on Monday.\nU.S. shares of Chinese ride-hailing giantDidi plunged as much as 25%after China said new users could not download the app until it conducts a cybersecurity review. The announcement took markets by surprise given that Didi just made its U.S. debut on the NYSE last week.\nAmazonrose nearly 2% as Andy Jassy officially took over as CEO on Monday. Jeff Bezos is now the executive chairman of the board.\nWest Texas Intermediate crude rose to asix-year highas a key meeting between oil producer group OPEC and its partners on crude output policyhas been called off. The postponement came as the United Arab Emirates rejected a proposal to extend oil production increase for a second day. At one point on Tuesday, WTI crude hit as high as $76.98, which was the highest price since November 2014, after pulling back before the opening bell.\nOil's earlier jump was boosting certain energy stocks in premarket trading. Shares ofOccidental PetroleumandPioneer Natural Resourcesrose in extended trading.\n\"We're in depletion mode we really haven't drilled for new oil we still have it here and this is why some of the big boys, the Chevrons the Pioneers, they're going to do really well because they can produce this oil pretty quickly and really at good profit margins too,\" Sarat Sethi, portfolio manager at DCLA, said on CNBC's \"Squawk Box\" on Tuesday.\nThe S&P 500 is coming off a seven-day winning streak, its longest since August, amid a string of solid economic reports including a better-than-expected jobs report on Friday. The tech-heavy Nasdaq Composite also reached a record high in the previous session.\nThe economy added 850,000 jobs last month, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting an addition of 706,000.\nStill, many on Wall Street expect smaller and choppier gains from the rest of the year after a strong performance in the first half amid a historic economic reopening. The S&P 500 is up nearly 16% year to date.\n\"The US economy is booming, but this is now a known known and asset markets reflect it. What isn't so clear anymore is at what price this growth will accrue,\" Michael Wilson, chief U.S. equity strategist at Morgan Stanley, said in a note. \"Higher costs mean lower profits, another reason why the overall equity market has been narrowing... equity markets are likely to take a break this summer as things heat up,\" Wilson said.\n\"Everything is perfect and that worries me,\" said Sethi. \"Since October, we've had a 5% correction that's it. I do think we're in a little bit of a euphoria short-term. We do need to be careful and I do think you want to be in secular growth companies, no just chasing the market here because I do think the market's going to be very picky as to what sectors are going to do well.\"\nWall Street's consensus year-end target for the S&P 500 stands at 4,276, representing a near 2% loss from Friday's close of 4,352.34, according to the CNBC Market Strategist Survey that rounds up 16 top strategists' forecasts.\nInvestors await the release of June Federal Open Market Committee meeting minutes due Wednesday for clues about the central bank's behind-the-scenes discussions on winding down its quantitative easing program.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154137901,"gmtCreate":1625488441703,"gmtModify":1703742568096,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087124655525870","idStr":"4087124655525870"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/154137901","repostId":"1155435134","repostType":4,"repost":{"id":"1155435134","kind":"news","pubTimestamp":1625483300,"share":"https://ttm.financial/m/news/1155435134?lang=en_US&edition=fundamental","pubTime":"2021-07-05 19:08","market":"hk","language":"en","title":"What Does the End of the Quarter Mean for Portfolio Management?","url":"https://stock-news.laohu8.com/highlight/detail?id=1155435134","media":"investopedia","summary":"The \"end of the quarter\" refers to the conclusion of one of four specific three-month periods on the","content":"<p>The \"end of the quarter\" refers to the conclusion of one of four specific three-month periods on the financial calendar. Thefour quartersend in March, or Q1; June, or Q2; September, or Q3; and December, or Q4. These are considered important times for investors. Many businesses, analysts, government agencies, and theFederal Reserverelease critical new data about various markets or economic indicators at the end of a quarter.</p>\n<p>There's a widely held belief in financial circles that hedge funds, pension funds, and insurance companies always rebalance their portfolios at the end of each quarter. While no proof or evidence has ever been put forward to confirm this practice or its prevalence, the very idea reinforces the concept that the end of a quarter is significant.</p>\n<p>Even if major financial players do not always rebalance at the end of quarters, many investors use this time to re-evaluate their ownportfolio management, changing which assets comprise the portfolio or setting new portfolio targets. Not only is it a good idea for investors to monitor their investments from time-to-time but rarely is so much new, actionable information released as during the end of a quarter.</p>\n<p>Rebalancing a Portfolio</p>\n<p>Rebalancinginvolves the periodic sale and purchase of assets within a portfolio to maintain a target ratio.2Consider an investor who wants his portfolio to be comprised of 50% growth stocks, 25% income stocks, and 25% bonds. If during Q1, the growth stocks outperform the other investments substantially, the investor may decide to sell some growth stocks or purchase more income stocks and bonds to bring the portfolio back to a 50-25-25 split.</p>\n<p>KEY TAKEAWAYS</p>\n<ul>\n <li>The end of the three-month period known as a financial quarter is considered an important time for investors.</li>\n <li>Companies, financial analysts, and government agencies (including the Fed) all release reports and critical data at the end of a quarter.</li>\n <li>Both retail and institutional investors often use the end of a quarter to re-evaluate and rebalance their portfolios.</li>\n</ul>\n<p>Traditional rebalancing involves trading the gains of well-performing assets, by selling high, for more low-performing assets, by buying low, at the end of each quarter. Theoretically, this serves to protect a portfolio from being too exposed or straying too far from its original strategy. However, pegging rebalances to the end of quarters relies on arbitrary calendar events which may not coincide with market movements. Nevertheless, the confluence of new reports that emerge at the end of quarters usually causes market reactions and should be of concern to most participants.</p>\n<p>Institutional Investors and Rebalancing</p>\n<p>It is not just individual investors who consider making portfolio moves at the end of quarters. Portfolio management is also important for institutional investors, like mutual funds and exchange-traded funds, or ETFs.3</p>\n<p>There are two forms of fund portfolio management: active and passive.4Passive funds generally peg their portfolios to market indexes and involve fewer changes in exchange for lower management fees. The end of a quarter is less significant for these types of funds, though if theirbenchmark indexeschange at this time, they will as well.</p>\n<p>Active funds have a manager or team of managers who take a more proactive approach to beat market average returns. These funds can be quite active during the end of quarters, especially if their portfolios need to be adjusted to meet their previously stated goals and strategies.</p>","source":"lsy1606203311635","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>What Does the End of the Quarter Mean for Portfolio Management?</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\">\nWhat Does the End of the Quarter Mean for Portfolio Management?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investopedia.com/ask/answers/122214/what-does-end-quarter-mean-portfolio-management.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral><strong>investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The \"end of the quarter\" refers to the conclusion of one of four specific three-month periods on the financial calendar. Thefour quartersend in March, or Q1; June, or Q2; September, or Q3; and ...</p>\n\n<a href=\"https://www.investopedia.com/ask/answers/122214/what-does-end-quarter-mean-portfolio-management.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.investopedia.com/ask/answers/122214/what-does-end-quarter-mean-portfolio-management.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155435134","content_text":"The \"end of the quarter\" refers to the conclusion of one of four specific three-month periods on the financial calendar. Thefour quartersend in March, or Q1; June, or Q2; September, or Q3; and December, or Q4. These are considered important times for investors. Many businesses, analysts, government agencies, and theFederal Reserverelease critical new data about various markets or economic indicators at the end of a quarter.\nThere's a widely held belief in financial circles that hedge funds, pension funds, and insurance companies always rebalance their portfolios at the end of each quarter. While no proof or evidence has ever been put forward to confirm this practice or its prevalence, the very idea reinforces the concept that the end of a quarter is significant.\nEven if major financial players do not always rebalance at the end of quarters, many investors use this time to re-evaluate their ownportfolio management, changing which assets comprise the portfolio or setting new portfolio targets. Not only is it a good idea for investors to monitor their investments from time-to-time but rarely is so much new, actionable information released as during the end of a quarter.\nRebalancing a Portfolio\nRebalancinginvolves the periodic sale and purchase of assets within a portfolio to maintain a target ratio.2Consider an investor who wants his portfolio to be comprised of 50% growth stocks, 25% income stocks, and 25% bonds. If during Q1, the growth stocks outperform the other investments substantially, the investor may decide to sell some growth stocks or purchase more income stocks and bonds to bring the portfolio back to a 50-25-25 split.\nKEY TAKEAWAYS\n\nThe end of the three-month period known as a financial quarter is considered an important time for investors.\nCompanies, financial analysts, and government agencies (including the Fed) all release reports and critical data at the end of a quarter.\nBoth retail and institutional investors often use the end of a quarter to re-evaluate and rebalance their portfolios.\n\nTraditional rebalancing involves trading the gains of well-performing assets, by selling high, for more low-performing assets, by buying low, at the end of each quarter. Theoretically, this serves to protect a portfolio from being too exposed or straying too far from its original strategy. However, pegging rebalances to the end of quarters relies on arbitrary calendar events which may not coincide with market movements. Nevertheless, the confluence of new reports that emerge at the end of quarters usually causes market reactions and should be of concern to most participants.\nInstitutional Investors and Rebalancing\nIt is not just individual investors who consider making portfolio moves at the end of quarters. Portfolio management is also important for institutional investors, like mutual funds and exchange-traded funds, or ETFs.3\nThere are two forms of fund portfolio management: active and passive.4Passive funds generally peg their portfolios to market indexes and involve fewer changes in exchange for lower management fees. The end of a quarter is less significant for these types of funds, though if theirbenchmark indexeschange at this time, they will as well.\nActive funds have a manager or team of managers who take a more proactive approach to beat market average returns. These funds can be quite active during the end of quarters, especially if their portfolios need to be adjusted to meet their previously stated goals and strategies.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1729,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124763552,"gmtCreate":1624793924376,"gmtModify":1703845227763,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087124655525870","idStr":"4087124655525870"},"themes":[],"htmlText":"Like and comment please thanks","listText":"Like and comment please thanks","text":"Like and comment please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/124763552","repostId":"2146090006","repostType":4,"isVote":1,"tweetType":1,"viewCount":1865,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154135152,"gmtCreate":1625488332376,"gmtModify":1703742565801,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087124655525870","idStr":"4087124655525870"},"themes":[],"htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/154135152","repostId":"1109703914","repostType":4,"repost":{"id":"1109703914","kind":"news","pubTimestamp":1625464355,"share":"https://ttm.financial/m/news/1109703914?lang=en_US&edition=fundamental","pubTime":"2021-07-05 13:52","market":"us","language":"en","title":"Is the Stock Market Open or Closed on Independence Day?","url":"https://stock-news.laohu8.com/highlight/detail?id=1109703914","media":"Thestreet","summary":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.So will the major markets open or close for the holiday?The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.It's one of nine full-closing daysfor the stock market this year.For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading i","content":"<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.</p>\n<p>So will the major markets open or close for the holiday?</p>\n<p>The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.</p>\n<p>It's&nbsp;one of nine full-closing daysfor the stock market this year.</p>\n<p>For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.</p>\n<p>Normal stock-trading hours run 9:30 a.m. to 4 p.m. ET.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is the Stock Market Open or Closed on Independence Day?</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\">\nIs the Stock Market Open or Closed on Independence Day?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 13:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the...</p>\n\n<a href=\"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109703914","content_text":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the holiday?\nThe New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.\nIt's one of nine full-closing daysfor the stock market this year.\nFor instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.\nNormal stock-trading hours run 9:30 a.m. to 4 p.m. ET.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148937298,"gmtCreate":1625913391214,"gmtModify":1703750847263,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087124655525870","idStr":"4087124655525870"},"themes":[],"htmlText":"Aapl aapl","listText":"Aapl aapl","text":"Aapl 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like and comment thx","listText":"Please like and comment thx","text":"Please like and comment thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124276760","repostId":"2146090006","repostType":4,"isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122368918,"gmtCreate":1624598161634,"gmtModify":1703841399623,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087124655525870","idStr":"4087124655525870"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122368918","repostId":"2146029313","repostType":4,"isVote":1,"tweetType":1,"viewCount":629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123406273,"gmtCreate":1624432507692,"gmtModify":1703836517664,"author":{"id":"4087124655525870","authorId":"4087124655525870","name":"Khovalence","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087124655525870","idStr":"4087124655525870"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123406273","repostId":"2145066431","repostType":4,"repost":{"id":"2145066431","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":1624429920,"share":"https://ttm.financial/m/news/2145066431?lang=en_US&edition=fundamental","pubTime":"2021-06-23 14:32","market":"us","language":"en","title":"Why this Tesla taxi fleet won't be allowed to operate in NYC","url":"https://stock-news.laohu8.com/highlight/detail?id=2145066431","media":"Dow Jones","summary":"The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 5","content":"<p>The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 50 Model Y Tesla taxis</p>\n<p>New York's taxi regulator voted Tuesday to stop issuing new for-hire licenses for electric vehicles, snubbing a ride-share company that wanted to launch an all-Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> ride-sharing rival to Uber <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a> and Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a>.</p>\n<p>The five-to-<a href=\"https://laohu8.com/S/AONE\">one</a> vote by the Taxi and Limousine Commission blocks electric transit startup Revel from launching its fleet of 50 Model Y Tesla taxis without breaking city rules. The TLC argued that Revel can still operate if it buys 50 gas cars and swaps their licenses out for electric vehicles -- a requirement that Revel called \"the very definition of limiting market competition.\"</p>\n<p>\"It is not sustainable to allow an unlimited number of new vehicles to the road in a city that is all too familiar with the choke of traffic congestion,\" TLC Chair Aloysee Heredia Jarmoszuk said at Tuesday's meeting. \"What we will not allow is the opportunity for another corporation -- venture capitalists or otherwise -- to flood our streets with additional cars.\"</p>\n<p>The TLC's ruling came a day after it posted a bizarre notice saying that it had already voted to stop issuing electric vehicle licenses . The TLC said Monday that the notice was posted in accordance with city rules, but legal and transit experts told the Post that such notices don't typically use past-tense language, adding that it may have discouraged New Yorkers from weighing in at Tuesday's hearing.</p>\n<p>Revel CEO Frank Reig slammed the TLC's ban in a three-minute speech at the meeting, saying that in addition to its plan for environmentally friendly taxis, Revel offered its drivers fairer treatment than Uber and Lyft because it hired them as full-time employees.</p>\n<p>\"We're offering exactly what this commission has been asking for for years: fair treatment and stable pay for drivers -- who are all W-2 employees with benefits -- and a plan to drive EV adoption in the city,\" Reig said.</p>\n<p>Reig's company -- which has raised $31.6 million from backers including Toyota, according to Crunchbase -- griped that the TLC \"offered no evidence or analysis\" to support its move to end the electric vehicle exemption.</p>\n<p>\"The Commissioners sat through almost 3 hours of testimony on all sides yet asked zero questions and spent zero time deliberating before making a policy decision with profound consequences,\" Reig said in a statement. \"The TLC never intended to consider what drivers and New Yorkers had to say, and only cared about jamming through this vote on Primary Day with as little scrutiny as possible.\"</p>\n<p>Revel's plan would have been allowed under previous TLC rules, but shortly after Revel announced its plans to launch the Tesla service in April, TLC Chair Heredia Jarmoszuk said the agency planned to eliminate the electric vehicle exemption for ride-sharing licenses.</p>\n<p>Representatives of the New York Taxi Workers Alliance and several taxi drivers praised the TLC's rule change, while the Independent Drivers Guild and activist groups including the Sierra Club and Tristate Transportation Campaign blasted it, saying it would set back efforts to address climate change.</p>\n<p>The sole TLC commissioner to vote against the rule was Bill Aguado, an artist and activist who represents the Bronx. Commissioners Lauvienska Polanco and Nora Constance Marino were not present.</p>\n<p>Last week, asked if Revel would ignore a potential TLC decision against the company and launch its ride-share service anyway, Reig said the company will hit the streets.</p>\n<p>\"We are going to be on the streets because we know the law is completely on our side,\" he said. \"Never in Revel's history have we operated illegally.\"</p>\n<p>This story originally ran on NYPost.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>Why this Tesla taxi fleet won't be allowed to operate in NYC</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 this Tesla taxi fleet won't be allowed to operate in NYC\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\">2021-06-23 14:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 50 Model Y Tesla taxis</p>\n<p>New York's taxi regulator voted Tuesday to stop issuing new for-hire licenses for electric vehicles, snubbing a ride-share company that wanted to launch an all-Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> ride-sharing rival to Uber <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a> and Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a>.</p>\n<p>The five-to-<a href=\"https://laohu8.com/S/AONE\">one</a> vote by the Taxi and Limousine Commission blocks electric transit startup Revel from launching its fleet of 50 Model Y Tesla taxis without breaking city rules. The TLC argued that Revel can still operate if it buys 50 gas cars and swaps their licenses out for electric vehicles -- a requirement that Revel called \"the very definition of limiting market competition.\"</p>\n<p>\"It is not sustainable to allow an unlimited number of new vehicles to the road in a city that is all too familiar with the choke of traffic congestion,\" TLC Chair Aloysee Heredia Jarmoszuk said at Tuesday's meeting. \"What we will not allow is the opportunity for another corporation -- venture capitalists or otherwise -- to flood our streets with additional cars.\"</p>\n<p>The TLC's ruling came a day after it posted a bizarre notice saying that it had already voted to stop issuing electric vehicle licenses . The TLC said Monday that the notice was posted in accordance with city rules, but legal and transit experts told the Post that such notices don't typically use past-tense language, adding that it may have discouraged New Yorkers from weighing in at Tuesday's hearing.</p>\n<p>Revel CEO Frank Reig slammed the TLC's ban in a three-minute speech at the meeting, saying that in addition to its plan for environmentally friendly taxis, Revel offered its drivers fairer treatment than Uber and Lyft because it hired them as full-time employees.</p>\n<p>\"We're offering exactly what this commission has been asking for for years: fair treatment and stable pay for drivers -- who are all W-2 employees with benefits -- and a plan to drive EV adoption in the city,\" Reig said.</p>\n<p>Reig's company -- which has raised $31.6 million from backers including Toyota, according to Crunchbase -- griped that the TLC \"offered no evidence or analysis\" to support its move to end the electric vehicle exemption.</p>\n<p>\"The Commissioners sat through almost 3 hours of testimony on all sides yet asked zero questions and spent zero time deliberating before making a policy decision with profound consequences,\" Reig said in a statement. \"The TLC never intended to consider what drivers and New Yorkers had to say, and only cared about jamming through this vote on Primary Day with as little scrutiny as possible.\"</p>\n<p>Revel's plan would have been allowed under previous TLC rules, but shortly after Revel announced its plans to launch the Tesla service in April, TLC Chair Heredia Jarmoszuk said the agency planned to eliminate the electric vehicle exemption for ride-sharing licenses.</p>\n<p>Representatives of the New York Taxi Workers Alliance and several taxi drivers praised the TLC's rule change, while the Independent Drivers Guild and activist groups including the Sierra Club and Tristate Transportation Campaign blasted it, saying it would set back efforts to address climate change.</p>\n<p>The sole TLC commissioner to vote against the rule was Bill Aguado, an artist and activist who represents the Bronx. Commissioners Lauvienska Polanco and Nora Constance Marino were not present.</p>\n<p>Last week, asked if Revel would ignore a potential TLC decision against the company and launch its ride-share service anyway, Reig said the company will hit the streets.</p>\n<p>\"We are going to be on the streets because we know the law is completely on our side,\" he said. \"Never in Revel's history have we operated illegally.\"</p>\n<p>This story originally ran on NYPost.com.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145066431","content_text":"The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 50 Model Y Tesla taxis\nNew York's taxi regulator voted Tuesday to stop issuing new for-hire licenses for electric vehicles, snubbing a ride-share company that wanted to launch an all-Tesla $(TSLA)$ ride-sharing rival to Uber $(UBER)$ and Lyft $(LYFT)$.\nThe five-to-one vote by the Taxi and Limousine Commission blocks electric transit startup Revel from launching its fleet of 50 Model Y Tesla taxis without breaking city rules. The TLC argued that Revel can still operate if it buys 50 gas cars and swaps their licenses out for electric vehicles -- a requirement that Revel called \"the very definition of limiting market competition.\"\n\"It is not sustainable to allow an unlimited number of new vehicles to the road in a city that is all too familiar with the choke of traffic congestion,\" TLC Chair Aloysee Heredia Jarmoszuk said at Tuesday's meeting. \"What we will not allow is the opportunity for another corporation -- venture capitalists or otherwise -- to flood our streets with additional cars.\"\nThe TLC's ruling came a day after it posted a bizarre notice saying that it had already voted to stop issuing electric vehicle licenses . The TLC said Monday that the notice was posted in accordance with city rules, but legal and transit experts told the Post that such notices don't typically use past-tense language, adding that it may have discouraged New Yorkers from weighing in at Tuesday's hearing.\nRevel CEO Frank Reig slammed the TLC's ban in a three-minute speech at the meeting, saying that in addition to its plan for environmentally friendly taxis, Revel offered its drivers fairer treatment than Uber and Lyft because it hired them as full-time employees.\n\"We're offering exactly what this commission has been asking for for years: fair treatment and stable pay for drivers -- who are all W-2 employees with benefits -- and a plan to drive EV adoption in the city,\" Reig said.\nReig's company -- which has raised $31.6 million from backers including Toyota, according to Crunchbase -- griped that the TLC \"offered no evidence or analysis\" to support its move to end the electric vehicle exemption.\n\"The Commissioners sat through almost 3 hours of testimony on all sides yet asked zero questions and spent zero time deliberating before making a policy decision with profound consequences,\" Reig said in a statement. \"The TLC never intended to consider what drivers and New Yorkers had to say, and only cared about jamming through this vote on Primary Day with as little scrutiny as possible.\"\nRevel's plan would have been allowed under previous TLC rules, but shortly after Revel announced its plans to launch the Tesla service in April, TLC Chair Heredia Jarmoszuk said the agency planned to eliminate the electric vehicle exemption for ride-sharing licenses.\nRepresentatives of the New York Taxi Workers Alliance and several taxi drivers praised the TLC's rule change, while the Independent Drivers Guild and activist groups including the Sierra Club and Tristate Transportation Campaign blasted it, saying it would set back efforts to address climate change.\nThe sole TLC commissioner to vote against the rule was Bill Aguado, an artist and activist who represents the Bronx. Commissioners Lauvienska Polanco and Nora Constance Marino were not present.\nLast week, asked if Revel would ignore a potential TLC decision against the company and launch its ride-share service anyway, Reig said the company will hit the streets.\n\"We are going to be on the streets because we know the law is completely on our side,\" he said. \"Never in Revel's history have we operated illegally.\"\nThis story originally ran on NYPost.com.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}