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1ion
1ion
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2021-05-14
wow
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1ion
1ion
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2021-05-10
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1ion
1ion
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2021-05-09
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1ion
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2021-05-09
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1ion
1ion
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2021-05-07
wow
Dropbox Q1 Earnings and Revenues Beat Estimates
Dropbox (DBX) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estim
Dropbox Q1 Earnings and Revenues Beat Estimates
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1ion
1ion
·
2021-05-06
what does receive a response to my comment means? i also failed to get this
This Day In Market History: Panic Of 1893 Crashes Stock Market
What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the
This Day In Market History: Panic Of 1893 Crashes Stock Market
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1ion
1ion
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2021-05-06
wow
This Day In Market History: Panic Of 1893 Crashes Stock Market
What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the
This Day In Market History: Panic Of 1893 Crashes Stock Market
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1ion
1ion
·
2021-05-05
wow
Sharing A Ride To The Reopening: Uber, Lyft Earnings Could Offer Hints To Life Beyond The Pandemic
After racing into earnings season, stocks have basically treaded water the last two weeks. The S&P 5
Sharing A Ride To The Reopening: Uber, Lyft Earnings Could Offer Hints To Life Beyond The Pandemic
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1ion
1ion
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2021-05-04
can help to be top comment?
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1ion
1ion
·
2021-04-26
$MAXI-CASH FIN SVCS CORP LTD(5UF.SI)$
for task
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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":1620346875,"share":"https://ttm.financial/m/news/1160617696?lang=&edition=fundamental","pubTime":"2021-05-07 08:21","market":"us","language":"en","title":"Dropbox Q1 Earnings and Revenues Beat Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1160617696","media":"Tiger Newspress","summary":"Dropbox (DBX) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estim","content":"<p>Dropbox (DBX) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.</p><p>This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this online file-sharing company would post earnings of $0.23 per share when it actually produced earnings of $0.28, delivering a surprise of 21.74%.</p><p>Over the last four quarters, the company has surpassed consensus EPS estimates four times.<img src=\"https://static.tigerbbs.com/68ff6254e338162714e082084eea6316\" tg-width=\"1215\" tg-height=\"819\" referrerpolicy=\"no-referrer\">Dropbox, which belongs to the Zacks Internet - Services industry, posted revenues of $511.6 million for the quarter ended March 2021, surpassing the Zacks Consensus Estimate by 1.31%. This compares to year-ago revenues of $455 million. The company has topped consensus revenue estimates four times over the last four quarters.</p><p>The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.</p><p>Dropbox shares have added about 12% since the beginning of the year versus the S&P 500's gain of 11%.<img src=\"https://static.tigerbbs.com/885fe7a072fef98025bd635c35e92b22\" tg-width=\"706\" tg-height=\"569\" referrerpolicy=\"no-referrer\"><b>What's Next for Dropbox?</b></p><p>While Dropbox has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?</p><p>There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.</p><p>Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.</p><p>Ahead of this earnings release, the estimate revisions trend for Dropbox was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.</p><p>It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.31 on $518.51 million in revenues for the coming quarter and $1.27 on $2.1 billion in revenues for the current fiscal year.</p><p>Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Services is currently in the bottom 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.</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>Dropbox Q1 Earnings and Revenues Beat Estimates</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\">\nDropbox Q1 Earnings and Revenues Beat Estimates\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\">2021-05-07 08:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dropbox (DBX) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.</p><p>This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this online file-sharing company would post earnings of $0.23 per share when it actually produced earnings of $0.28, delivering a surprise of 21.74%.</p><p>Over the last four quarters, the company has surpassed consensus EPS estimates four times.<img src=\"https://static.tigerbbs.com/68ff6254e338162714e082084eea6316\" tg-width=\"1215\" tg-height=\"819\" referrerpolicy=\"no-referrer\">Dropbox, which belongs to the Zacks Internet - Services industry, posted revenues of $511.6 million for the quarter ended March 2021, surpassing the Zacks Consensus Estimate by 1.31%. This compares to year-ago revenues of $455 million. The company has topped consensus revenue estimates four times over the last four quarters.</p><p>The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.</p><p>Dropbox shares have added about 12% since the beginning of the year versus the S&P 500's gain of 11%.<img src=\"https://static.tigerbbs.com/885fe7a072fef98025bd635c35e92b22\" tg-width=\"706\" tg-height=\"569\" referrerpolicy=\"no-referrer\"><b>What's Next for Dropbox?</b></p><p>While Dropbox has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?</p><p>There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.</p><p>Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.</p><p>Ahead of this earnings release, the estimate revisions trend for Dropbox was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.</p><p>It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.31 on $518.51 million in revenues for the coming quarter and $1.27 on $2.1 billion in revenues for the current fiscal year.</p><p>Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Services is currently in the bottom 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DBX":"Dropbox Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160617696","content_text":"Dropbox (DBX) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this online file-sharing company would post earnings of $0.23 per share when it actually produced earnings of $0.28, delivering a surprise of 21.74%.Over the last four quarters, the company has surpassed consensus EPS estimates four times.Dropbox, which belongs to the Zacks Internet - Services industry, posted revenues of $511.6 million for the quarter ended March 2021, surpassing the Zacks Consensus Estimate by 1.31%. This compares to year-ago revenues of $455 million. The company has topped consensus revenue estimates four times over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.Dropbox shares have added about 12% since the beginning of the year versus the S&P 500's gain of 11%.What's Next for Dropbox?While Dropbox has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for Dropbox was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.31 on $518.51 million in revenues for the coming quarter and $1.27 on $2.1 billion in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Services is currently in the bottom 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.","news_type":1,"symbols_score_info":{"DBX":0.9}},"isVote":1,"tweetType":1,"viewCount":2395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105992220,"gmtCreate":1620262557160,"gmtModify":1704340943247,"author":{"id":"3581654744609547","authorId":"3581654744609547","name":"1ion","avatar":"https://community-static.tradeup.com/news/5eb43d1a6396c67d27010debcc8b8483","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581654744609547","idStr":"3581654744609547"},"themes":[],"htmlText":"what does receive a response to my comment means? i also failed to get this","listText":"what does receive a response to my comment means? i also failed to get this","text":"what does receive a response to my comment means? i also failed to get this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/105992220","repostId":"1148686352","repostType":4,"repost":{"id":"1148686352","kind":"news","pubTimestamp":1620224535,"share":"https://ttm.financial/m/news/1148686352?lang=&edition=fundamental","pubTime":"2021-05-05 22:22","market":"us","language":"en","title":"This Day In Market History: Panic Of 1893 Crashes Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1148686352","media":"benzinga","summary":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the ","content":"<div>\n<p>What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">Web Link</a>\n\n</div>\n","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Day In Market History: Panic Of 1893 Crashes Stock Market</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Day In Market History: Panic Of 1893 Crashes Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 22:22 GMT+8 <a href=https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148686352","content_text":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.\nPanic Of 1893:On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.\nThe Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.\nThe May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.General Electric CompanyGE 0.34%shares dropped 28% on the day from $80 to $58.\nFortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.\nThe Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2719,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578570760040163","authorId":"3578570760040163","name":"hmmwvms","avatar":"https://static.tigerbbs.com/a906b2444a1aca7cd161a6e1ee03687e","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3578570760040163","idStr":"3578570760040163"},"content":"Means this. I put a comment to your comment. If you can put one here will be good too :)","text":"Means this. I put a comment to your comment. If you can put one here will be good too :)","html":"Means this. I put a comment to your comment. If you can put one here will be good too :)"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105993591,"gmtCreate":1620262404813,"gmtModify":1704340937881,"author":{"id":"3581654744609547","authorId":"3581654744609547","name":"1ion","avatar":"https://community-static.tradeup.com/news/5eb43d1a6396c67d27010debcc8b8483","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581654744609547","idStr":"3581654744609547"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/105993591","repostId":"1148686352","repostType":4,"repost":{"id":"1148686352","kind":"news","pubTimestamp":1620224535,"share":"https://ttm.financial/m/news/1148686352?lang=&edition=fundamental","pubTime":"2021-05-05 22:22","market":"us","language":"en","title":"This Day In Market History: Panic Of 1893 Crashes Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1148686352","media":"benzinga","summary":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the ","content":"<div>\n<p>What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">Web Link</a>\n\n</div>\n","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Day In Market History: Panic Of 1893 Crashes Stock Market</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Day In Market History: Panic Of 1893 Crashes Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 22:22 GMT+8 <a href=https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148686352","content_text":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.\nPanic Of 1893:On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.\nThe Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.\nThe May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.General Electric CompanyGE 0.34%shares dropped 28% on the day from $80 to $58.\nFortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.\nThe Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102033226,"gmtCreate":1620166553665,"gmtModify":1704339461526,"author":{"id":"3581654744609547","authorId":"3581654744609547","name":"1ion","avatar":"https://community-static.tradeup.com/news/5eb43d1a6396c67d27010debcc8b8483","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581654744609547","idStr":"3581654744609547"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/102033226","repostId":"1179044309","repostType":4,"repost":{"id":"1179044309","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1620140053,"share":"https://ttm.financial/m/news/1179044309?lang=&edition=fundamental","pubTime":"2021-05-04 22:54","market":"us","language":"en","title":"Sharing A Ride To The Reopening: Uber, Lyft Earnings Could Offer Hints To Life Beyond The Pandemic","url":"https://stock-news.laohu8.com/highlight/detail?id=1179044309","media":"Benzinga","summary":"After racing into earnings season, stocks have basically treaded water the last two weeks. The S&P 5","content":"<p>After racing into earnings season, stocks have basically treaded water the last two weeks. The <b>S&P 500 Index</b> (SPX) finished Monday less than 1% changed from mid-April when reporting season began.</p>\n<p>That’s despite an amazing Q1 earnings performance by S&P 500 companies so far, with average earnings per share up more than 40%. With more than half of the reporting season done, 86% of companies have beaten earnings expectations, according to FactSet.</p>\n<p>When you accompany that with the lack of gains in major indices, you have to ask yourself how much of the good news was priced in. We were already at all-time highs ahead of the reporting period, so can the reality match the expectations?</p>\n<p>Anyway, this stall in forward progress isn’t something to be overly concerned about. We’re heading into summer, which tends to be a time of lighter volumes, but lighter volumes can mean good things as well.</p>\n<p>For the next act, investors might have their eyes peeled on ride-sharing companies <b>Lyft Technologies Inc.</b>LYFT 4.39%and <b>Uber</b>UBER 3.03%today and tomorrow to see if they can provide insight into reopening progress.</p>\n<p><b>Solid Reporting Season Continues With CVS, Pfizer</b></p>\n<p>Before that, investors got another set of solid earnings news this morning as <b>CVS</b>CVS 3%and <b>Pfizer</b>PFE 0.45%outran consensus expectations and raised guidance. PFE raised revenue guidance by 18% for the year, which is pretty impressive. Some of that is related to their Covid vaccine, but not all of it.</p>\n<p>Technology—particularly the so-called “FAANG” sector of that group—appeared to be taking the worst of it early Tuesday. The Tech sector is by far the worst SPX performer over the last week even though earnings from most of the “mega-caps” in that sector looked solid. At the same time, cyclical sectors—think Financials and Energy—have led gains recently. It’s more along the lines of what we were seeing earlier this year before Tech made a move going into earnings season.</p>\n<p>Call it what you want: “Consolidation” is a word some people are using to describe this lack of direction in the markets amid a slowing news flow. The directionless trading appears to be extending into Tuesday, with major indices losing ground ahead of the opening bell and the closely-watched 10-year Treasury yield back at 1.6%, right in the middle of its recent range.</p>\n<p>Still, commodity prices—and not just the semiconductors we’ve talked about recently—are on the rise, with the <b>Bloomberg Commodity Index</b> ($BCOM) among those commodity benchmarks sitting on multi-year highs. Even if long-dated Treasury yields remain muted and the Fed sticks to its narrative of “transitory inflation” (see more below), commodities seem to be factoring in higher prices.</p>\n<p>Volatility is up slightly, too, not surprising considering the pressure on stocks. Keep an eye on the 20 level for the <b>Cboe Volatility Index</b> (VIX). We’re only slightly below that benchmark figure, and looking at forward contracts, the message looks like we’ll continue to bounce around for a while.</p>\n<p><b>Earnings Season About To Catch A Ride</b></p>\n<p>It’s kind of fitting that “reopening” stocks led the way Monday in a week that features earnings from<b>Uber Technologies Inc.</b>UBER 3.03%and<b>Lyft</b>LYFT 4.39%, two companies that would likely stand to benefit if people are getting out more. LYFT is expected to report today after the close and UBER is up to bat tomorrow after the close.</p>\n<p>Both companies are apparently having some trouble finding drivers to meet all the new demand, kind of a good problem to have. However, it could be costly, with both having to spend more on driver incentives. There’s also a regulatory headwind after the U.S. Labor secretary told Reuters that many gig economy workers should be treated as employees.</p>\n<p>If that ends up happening nationwide and UBER and LYFT have to treat drivers as employees instead of independent contractors, it seems that would substantially increase costs for these companies. However, that’s far from settled yet.</p>\n<p>In the meantime, what investors probably want to know is whether LYFT and UBER were able to continue cutting their losses in Q1 after shrinking their annual net losses last time out. They’re still going to likely face tough comparisons on revenue because a lot of the 2020 quarter they’re comparing to took place before the pandemic hit last March.</p>\n<p>In contrast, other big earnings reports over the coming days include some of the companies many investors embraced big time last year when the pandemic hit. We’re talking <b>Peloton</b>PTON 0.71%, <b>Paypal</b>PYPL 3.11%, <b>Moderna</b>MRNA 4.59%, <b>Square</b>SQ 2.71%, and<b> Roku Inc.</b>ROKU 3.81%. A lot of these companies had an amazing performance in 2020, but might have pulled forward years of demand. Now, as the economy reopens, they face pressure to explain how they’re going to drive toward profits and how they can keep the excitement going.</p>\n<p>It’s not like these are necessarily stocks you can consider flash in the pans. People who got used to exercising at home and invested in a PTON machine probably aren’t going to abandon it for the gym right away, or necessarily at all. And MRNA’s vaccine technology has possibilities beyond the success of their Covid vaccine, analysts recently told Barron’s. PYPL and SQ’s technology was already in demand before Covid, though the pandemic might have given them a boost.</p>\n<p><b>Fresh Earnings Could Cast Light On Supply Shortages, Costs</b></p>\n<p>Getting back from the newest models to a veteran,<b> General Motors</b>GM 2.48%reports tomorrow. Like other car companies, GM’s earnings call could offer an interesting perspective on the semiconductor chip shortage. <b>Ford</b>F 1.98%said last week the problem is taking a greater toll on its business than previously expected and could put pressure on its operating results in the second half of the year. For more on how the chip shortage is affecting car makers, see below.</p>\n<p>Some of the supply shortages in chips and beyond might be playing out in the economic data this week. ISM manufacturing for April released on Monday came in below Wall Street’s expectations at 60.7%, down from 64.7% a month earlier. Supply chain disruptions and higher raw material costs might have played into the lower number.</p>\n<p>The Fed has been saying inflation will be transitory, but we’ll see if they end up being right. A couple of weeks ago <b>Intel</b>INTC 1.77%said the chip shortage could last two years. President Biden’s infrastructure plan envisions more domestic production of these products, but you can’t turn on the assembly lines overnight, and there’s still no guarantee the entire bill as it exists now will become reality.</p>\n<p>In other data to watch, the ISM non-manufacturing index for April is due Wednesday. Consensus on Wall Street is for a headline figure of 65.0%, up from 63.7% in March, according to research firm Briefing.com.</p>\n<p>Of course, the biggest report this week is Friday’s non-farm payrolls, where analysts expect a cool million new jobs created in April vs. 916,000 in March. We’ll dig into that a little more tomorrow, with some things worth watching in the report beyond that headline number. Stay tuned.</p>\n<p><img src=\"https://static.tigerbbs.com/da99b665ba0fa3e07d7fc1e25ce3dd62\" tg-width=\"780\" tg-height=\"412\"></p>\n<p><b>CHART OF THE DAY:THE MORE THINGS CHANGE...</b>A few weeks ago we ran this same chart of the S&P 500 Index (SPX—candlestick) vs. its 50-day moving average (blue line). Not much has changed since then. The index still holds a firm premium to the 50-day, and hasn’t come close to testing it in over a month. The 50-day is now just above 4000, and every time this year the index tested it, the result was a solid rebound. The question is, if the market sells off a bit and tests this important technical area, will it hold again? If not, more technical selling could break out, changing this long-running pattern. Data Source: S&P Dow Jones Indices.Chart source: The thinkorswim® platform. <i>For illustrative purposes only. Past performance does not guarantee future results.</i></p>\n<p><b>Horse’s Mouth Time:</b> Something that might be worth paying attention to today is the Wall Street Journal’s CEO summit, which starts this morning and features interviews with <b>JP Morgan Chase</b>JPM 0.04%CEO Jamie Dimon, <b>Merck</b>MRK 0.03%Chairman and CEO Kenneth C. Frazier, and Treasury Secretary Janet Yellen.</p>\n<p>Dimon’s going to be asked about the economic rebound and the markets, the WSJ said, but it might be interesting to see if they ask him any questions about the banking industry now that Q1 earnings are in the rearview mirror. Some analysts note that activity on Wall Street—especially on the Special Purpose Acquisition Company (SPAC) front—has slowed down slightly in Q2, and wonder if that means the sizzling investment banking revenues enjoyed by the industry in Q1 might not be as easy to scoop up this quarter. SPACs raised $82 billion last year, the WSJ reported.</p>\n<p><b>Earnings Come Down The Stretch With A Lead:</b> We’ve heard a lot of analysts say what a great earnings season it’s been, but it’s another thing to see the actual number plugged in. How does this sound? 45.8%. That’s the average S&P 500 earnings growth with 60% of companies now reporting, according to research firm Factset. If it remains there or higher for the rest of the way, it will be the best earnings growth for a quarter since the economy was emerging from the financial crisis in early 2010. It also leaves analysts’ average estimate of 24% earnings growth going into the reporting period completely in the dust. In fact, 86% of companies are beating analyst estimates on earnings, and 78% on revenue, Factset says.</p>\n<p>This all sounds good, but you’ll hear some naysayers tell you most of the strength in earnings was built into stock prices going in. Actually, that’s a bit of an exaggeration, and you can see that if you follow the 12-month forward price-to-earnings ratio for the S&P 500. It’s now at 22, by Factset’s reckoning, and that’s down from nearly 24 at the start of 2021. Over the same year-to-date time frame, the S&P Equal Weight 500 jumped 16.2%, research firm CFRA noted Monday (equal weight means each of the 500 companies in the index is given a fixed weight instead of the index being weighted by market cap). In other words, stocks have risen while valuations fell, which is a neat trick.</p>\n<p><b>No Chips, No Ride:</b> Have you driven by a car dealership lately? If so, you may have noticed that everything seems more or less in place, except for the cars, that is—they’re missing. As we reported earlier this year, the semiconductor sector is undergoing a massive worldwide shortage. For car buyers, this may mean longer waits and higher prices. And by the way, new cars aren’t the only ones impacted by the shortage. The average price of used cars jumped 12.5% over the last year, according to the National Automobile Dealers Association.</p>\n<p>For automakers, however, this means wider sales, some even seeing record profits as vehicles are sold before they make it to the sales lot. Investors might want to keep an eye on companies like <b>General Motors</b>GM 2.48%, <b>Ford</b>F 1.98%, and other manufacturers to see how the chip shortage may be impacting their bottom lines. Might the shortage in rides be a ticket to ride the chip shortage to the upside?</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>Sharing A Ride To The Reopening: Uber, Lyft Earnings Could Offer Hints To Life Beyond The Pandemic</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\">\nSharing A Ride To The Reopening: Uber, Lyft Earnings Could Offer Hints To Life Beyond The Pandemic\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-05-04 22:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>After racing into earnings season, stocks have basically treaded water the last two weeks. The <b>S&P 500 Index</b> (SPX) finished Monday less than 1% changed from mid-April when reporting season began.</p>\n<p>That’s despite an amazing Q1 earnings performance by S&P 500 companies so far, with average earnings per share up more than 40%. With more than half of the reporting season done, 86% of companies have beaten earnings expectations, according to FactSet.</p>\n<p>When you accompany that with the lack of gains in major indices, you have to ask yourself how much of the good news was priced in. We were already at all-time highs ahead of the reporting period, so can the reality match the expectations?</p>\n<p>Anyway, this stall in forward progress isn’t something to be overly concerned about. We’re heading into summer, which tends to be a time of lighter volumes, but lighter volumes can mean good things as well.</p>\n<p>For the next act, investors might have their eyes peeled on ride-sharing companies <b>Lyft Technologies Inc.</b>LYFT 4.39%and <b>Uber</b>UBER 3.03%today and tomorrow to see if they can provide insight into reopening progress.</p>\n<p><b>Solid Reporting Season Continues With CVS, Pfizer</b></p>\n<p>Before that, investors got another set of solid earnings news this morning as <b>CVS</b>CVS 3%and <b>Pfizer</b>PFE 0.45%outran consensus expectations and raised guidance. PFE raised revenue guidance by 18% for the year, which is pretty impressive. Some of that is related to their Covid vaccine, but not all of it.</p>\n<p>Technology—particularly the so-called “FAANG” sector of that group—appeared to be taking the worst of it early Tuesday. The Tech sector is by far the worst SPX performer over the last week even though earnings from most of the “mega-caps” in that sector looked solid. At the same time, cyclical sectors—think Financials and Energy—have led gains recently. It’s more along the lines of what we were seeing earlier this year before Tech made a move going into earnings season.</p>\n<p>Call it what you want: “Consolidation” is a word some people are using to describe this lack of direction in the markets amid a slowing news flow. The directionless trading appears to be extending into Tuesday, with major indices losing ground ahead of the opening bell and the closely-watched 10-year Treasury yield back at 1.6%, right in the middle of its recent range.</p>\n<p>Still, commodity prices—and not just the semiconductors we’ve talked about recently—are on the rise, with the <b>Bloomberg Commodity Index</b> ($BCOM) among those commodity benchmarks sitting on multi-year highs. Even if long-dated Treasury yields remain muted and the Fed sticks to its narrative of “transitory inflation” (see more below), commodities seem to be factoring in higher prices.</p>\n<p>Volatility is up slightly, too, not surprising considering the pressure on stocks. Keep an eye on the 20 level for the <b>Cboe Volatility Index</b> (VIX). We’re only slightly below that benchmark figure, and looking at forward contracts, the message looks like we’ll continue to bounce around for a while.</p>\n<p><b>Earnings Season About To Catch A Ride</b></p>\n<p>It’s kind of fitting that “reopening” stocks led the way Monday in a week that features earnings from<b>Uber Technologies Inc.</b>UBER 3.03%and<b>Lyft</b>LYFT 4.39%, two companies that would likely stand to benefit if people are getting out more. LYFT is expected to report today after the close and UBER is up to bat tomorrow after the close.</p>\n<p>Both companies are apparently having some trouble finding drivers to meet all the new demand, kind of a good problem to have. However, it could be costly, with both having to spend more on driver incentives. There’s also a regulatory headwind after the U.S. Labor secretary told Reuters that many gig economy workers should be treated as employees.</p>\n<p>If that ends up happening nationwide and UBER and LYFT have to treat drivers as employees instead of independent contractors, it seems that would substantially increase costs for these companies. However, that’s far from settled yet.</p>\n<p>In the meantime, what investors probably want to know is whether LYFT and UBER were able to continue cutting their losses in Q1 after shrinking their annual net losses last time out. They’re still going to likely face tough comparisons on revenue because a lot of the 2020 quarter they’re comparing to took place before the pandemic hit last March.</p>\n<p>In contrast, other big earnings reports over the coming days include some of the companies many investors embraced big time last year when the pandemic hit. We’re talking <b>Peloton</b>PTON 0.71%, <b>Paypal</b>PYPL 3.11%, <b>Moderna</b>MRNA 4.59%, <b>Square</b>SQ 2.71%, and<b> Roku Inc.</b>ROKU 3.81%. A lot of these companies had an amazing performance in 2020, but might have pulled forward years of demand. Now, as the economy reopens, they face pressure to explain how they’re going to drive toward profits and how they can keep the excitement going.</p>\n<p>It’s not like these are necessarily stocks you can consider flash in the pans. People who got used to exercising at home and invested in a PTON machine probably aren’t going to abandon it for the gym right away, or necessarily at all. And MRNA’s vaccine technology has possibilities beyond the success of their Covid vaccine, analysts recently told Barron’s. PYPL and SQ’s technology was already in demand before Covid, though the pandemic might have given them a boost.</p>\n<p><b>Fresh Earnings Could Cast Light On Supply Shortages, Costs</b></p>\n<p>Getting back from the newest models to a veteran,<b> General Motors</b>GM 2.48%reports tomorrow. Like other car companies, GM’s earnings call could offer an interesting perspective on the semiconductor chip shortage. <b>Ford</b>F 1.98%said last week the problem is taking a greater toll on its business than previously expected and could put pressure on its operating results in the second half of the year. For more on how the chip shortage is affecting car makers, see below.</p>\n<p>Some of the supply shortages in chips and beyond might be playing out in the economic data this week. ISM manufacturing for April released on Monday came in below Wall Street’s expectations at 60.7%, down from 64.7% a month earlier. Supply chain disruptions and higher raw material costs might have played into the lower number.</p>\n<p>The Fed has been saying inflation will be transitory, but we’ll see if they end up being right. A couple of weeks ago <b>Intel</b>INTC 1.77%said the chip shortage could last two years. President Biden’s infrastructure plan envisions more domestic production of these products, but you can’t turn on the assembly lines overnight, and there’s still no guarantee the entire bill as it exists now will become reality.</p>\n<p>In other data to watch, the ISM non-manufacturing index for April is due Wednesday. Consensus on Wall Street is for a headline figure of 65.0%, up from 63.7% in March, according to research firm Briefing.com.</p>\n<p>Of course, the biggest report this week is Friday’s non-farm payrolls, where analysts expect a cool million new jobs created in April vs. 916,000 in March. We’ll dig into that a little more tomorrow, with some things worth watching in the report beyond that headline number. Stay tuned.</p>\n<p><img src=\"https://static.tigerbbs.com/da99b665ba0fa3e07d7fc1e25ce3dd62\" tg-width=\"780\" tg-height=\"412\"></p>\n<p><b>CHART OF THE DAY:THE MORE THINGS CHANGE...</b>A few weeks ago we ran this same chart of the S&P 500 Index (SPX—candlestick) vs. its 50-day moving average (blue line). Not much has changed since then. The index still holds a firm premium to the 50-day, and hasn’t come close to testing it in over a month. The 50-day is now just above 4000, and every time this year the index tested it, the result was a solid rebound. The question is, if the market sells off a bit and tests this important technical area, will it hold again? If not, more technical selling could break out, changing this long-running pattern. Data Source: S&P Dow Jones Indices.Chart source: The thinkorswim® platform. <i>For illustrative purposes only. Past performance does not guarantee future results.</i></p>\n<p><b>Horse’s Mouth Time:</b> Something that might be worth paying attention to today is the Wall Street Journal’s CEO summit, which starts this morning and features interviews with <b>JP Morgan Chase</b>JPM 0.04%CEO Jamie Dimon, <b>Merck</b>MRK 0.03%Chairman and CEO Kenneth C. Frazier, and Treasury Secretary Janet Yellen.</p>\n<p>Dimon’s going to be asked about the economic rebound and the markets, the WSJ said, but it might be interesting to see if they ask him any questions about the banking industry now that Q1 earnings are in the rearview mirror. Some analysts note that activity on Wall Street—especially on the Special Purpose Acquisition Company (SPAC) front—has slowed down slightly in Q2, and wonder if that means the sizzling investment banking revenues enjoyed by the industry in Q1 might not be as easy to scoop up this quarter. SPACs raised $82 billion last year, the WSJ reported.</p>\n<p><b>Earnings Come Down The Stretch With A Lead:</b> We’ve heard a lot of analysts say what a great earnings season it’s been, but it’s another thing to see the actual number plugged in. How does this sound? 45.8%. That’s the average S&P 500 earnings growth with 60% of companies now reporting, according to research firm Factset. If it remains there or higher for the rest of the way, it will be the best earnings growth for a quarter since the economy was emerging from the financial crisis in early 2010. It also leaves analysts’ average estimate of 24% earnings growth going into the reporting period completely in the dust. In fact, 86% of companies are beating analyst estimates on earnings, and 78% on revenue, Factset says.</p>\n<p>This all sounds good, but you’ll hear some naysayers tell you most of the strength in earnings was built into stock prices going in. Actually, that’s a bit of an exaggeration, and you can see that if you follow the 12-month forward price-to-earnings ratio for the S&P 500. It’s now at 22, by Factset’s reckoning, and that’s down from nearly 24 at the start of 2021. Over the same year-to-date time frame, the S&P Equal Weight 500 jumped 16.2%, research firm CFRA noted Monday (equal weight means each of the 500 companies in the index is given a fixed weight instead of the index being weighted by market cap). In other words, stocks have risen while valuations fell, which is a neat trick.</p>\n<p><b>No Chips, No Ride:</b> Have you driven by a car dealership lately? If so, you may have noticed that everything seems more or less in place, except for the cars, that is—they’re missing. As we reported earlier this year, the semiconductor sector is undergoing a massive worldwide shortage. For car buyers, this may mean longer waits and higher prices. And by the way, new cars aren’t the only ones impacted by the shortage. The average price of used cars jumped 12.5% over the last year, according to the National Automobile Dealers Association.</p>\n<p>For automakers, however, this means wider sales, some even seeing record profits as vehicles are sold before they make it to the sales lot. Investors might want to keep an eye on companies like <b>General Motors</b>GM 2.48%, <b>Ford</b>F 1.98%, and other manufacturers to see how the chip shortage may be impacting their bottom lines. Might the shortage in rides be a ticket to ride the chip shortage to the upside?</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179044309","content_text":"After racing into earnings season, stocks have basically treaded water the last two weeks. The S&P 500 Index (SPX) finished Monday less than 1% changed from mid-April when reporting season began.\nThat’s despite an amazing Q1 earnings performance by S&P 500 companies so far, with average earnings per share up more than 40%. With more than half of the reporting season done, 86% of companies have beaten earnings expectations, according to FactSet.\nWhen you accompany that with the lack of gains in major indices, you have to ask yourself how much of the good news was priced in. We were already at all-time highs ahead of the reporting period, so can the reality match the expectations?\nAnyway, this stall in forward progress isn’t something to be overly concerned about. We’re heading into summer, which tends to be a time of lighter volumes, but lighter volumes can mean good things as well.\nFor the next act, investors might have their eyes peeled on ride-sharing companies Lyft Technologies Inc.LYFT 4.39%and UberUBER 3.03%today and tomorrow to see if they can provide insight into reopening progress.\nSolid Reporting Season Continues With CVS, Pfizer\nBefore that, investors got another set of solid earnings news this morning as CVSCVS 3%and PfizerPFE 0.45%outran consensus expectations and raised guidance. PFE raised revenue guidance by 18% for the year, which is pretty impressive. Some of that is related to their Covid vaccine, but not all of it.\nTechnology—particularly the so-called “FAANG” sector of that group—appeared to be taking the worst of it early Tuesday. The Tech sector is by far the worst SPX performer over the last week even though earnings from most of the “mega-caps” in that sector looked solid. At the same time, cyclical sectors—think Financials and Energy—have led gains recently. It’s more along the lines of what we were seeing earlier this year before Tech made a move going into earnings season.\nCall it what you want: “Consolidation” is a word some people are using to describe this lack of direction in the markets amid a slowing news flow. The directionless trading appears to be extending into Tuesday, with major indices losing ground ahead of the opening bell and the closely-watched 10-year Treasury yield back at 1.6%, right in the middle of its recent range.\nStill, commodity prices—and not just the semiconductors we’ve talked about recently—are on the rise, with the Bloomberg Commodity Index ($BCOM) among those commodity benchmarks sitting on multi-year highs. Even if long-dated Treasury yields remain muted and the Fed sticks to its narrative of “transitory inflation” (see more below), commodities seem to be factoring in higher prices.\nVolatility is up slightly, too, not surprising considering the pressure on stocks. Keep an eye on the 20 level for the Cboe Volatility Index (VIX). We’re only slightly below that benchmark figure, and looking at forward contracts, the message looks like we’ll continue to bounce around for a while.\nEarnings Season About To Catch A Ride\nIt’s kind of fitting that “reopening” stocks led the way Monday in a week that features earnings fromUber Technologies Inc.UBER 3.03%andLyftLYFT 4.39%, two companies that would likely stand to benefit if people are getting out more. LYFT is expected to report today after the close and UBER is up to bat tomorrow after the close.\nBoth companies are apparently having some trouble finding drivers to meet all the new demand, kind of a good problem to have. However, it could be costly, with both having to spend more on driver incentives. There’s also a regulatory headwind after the U.S. Labor secretary told Reuters that many gig economy workers should be treated as employees.\nIf that ends up happening nationwide and UBER and LYFT have to treat drivers as employees instead of independent contractors, it seems that would substantially increase costs for these companies. However, that’s far from settled yet.\nIn the meantime, what investors probably want to know is whether LYFT and UBER were able to continue cutting their losses in Q1 after shrinking their annual net losses last time out. They’re still going to likely face tough comparisons on revenue because a lot of the 2020 quarter they’re comparing to took place before the pandemic hit last March.\nIn contrast, other big earnings reports over the coming days include some of the companies many investors embraced big time last year when the pandemic hit. We’re talking PelotonPTON 0.71%, PaypalPYPL 3.11%, ModernaMRNA 4.59%, SquareSQ 2.71%, and Roku Inc.ROKU 3.81%. A lot of these companies had an amazing performance in 2020, but might have pulled forward years of demand. Now, as the economy reopens, they face pressure to explain how they’re going to drive toward profits and how they can keep the excitement going.\nIt’s not like these are necessarily stocks you can consider flash in the pans. People who got used to exercising at home and invested in a PTON machine probably aren’t going to abandon it for the gym right away, or necessarily at all. And MRNA’s vaccine technology has possibilities beyond the success of their Covid vaccine, analysts recently told Barron’s. PYPL and SQ’s technology was already in demand before Covid, though the pandemic might have given them a boost.\nFresh Earnings Could Cast Light On Supply Shortages, Costs\nGetting back from the newest models to a veteran, General MotorsGM 2.48%reports tomorrow. Like other car companies, GM’s earnings call could offer an interesting perspective on the semiconductor chip shortage. FordF 1.98%said last week the problem is taking a greater toll on its business than previously expected and could put pressure on its operating results in the second half of the year. For more on how the chip shortage is affecting car makers, see below.\nSome of the supply shortages in chips and beyond might be playing out in the economic data this week. ISM manufacturing for April released on Monday came in below Wall Street’s expectations at 60.7%, down from 64.7% a month earlier. Supply chain disruptions and higher raw material costs might have played into the lower number.\nThe Fed has been saying inflation will be transitory, but we’ll see if they end up being right. A couple of weeks ago IntelINTC 1.77%said the chip shortage could last two years. President Biden’s infrastructure plan envisions more domestic production of these products, but you can’t turn on the assembly lines overnight, and there’s still no guarantee the entire bill as it exists now will become reality.\nIn other data to watch, the ISM non-manufacturing index for April is due Wednesday. Consensus on Wall Street is for a headline figure of 65.0%, up from 63.7% in March, according to research firm Briefing.com.\nOf course, the biggest report this week is Friday’s non-farm payrolls, where analysts expect a cool million new jobs created in April vs. 916,000 in March. We’ll dig into that a little more tomorrow, with some things worth watching in the report beyond that headline number. Stay tuned.\n\nCHART OF THE DAY:THE MORE THINGS CHANGE...A few weeks ago we ran this same chart of the S&P 500 Index (SPX—candlestick) vs. its 50-day moving average (blue line). Not much has changed since then. The index still holds a firm premium to the 50-day, and hasn’t come close to testing it in over a month. The 50-day is now just above 4000, and every time this year the index tested it, the result was a solid rebound. The question is, if the market sells off a bit and tests this important technical area, will it hold again? If not, more technical selling could break out, changing this long-running pattern. Data Source: S&P Dow Jones Indices.Chart source: The thinkorswim® platform. For illustrative purposes only. Past performance does not guarantee future results.\nHorse’s Mouth Time: Something that might be worth paying attention to today is the Wall Street Journal’s CEO summit, which starts this morning and features interviews with JP Morgan ChaseJPM 0.04%CEO Jamie Dimon, MerckMRK 0.03%Chairman and CEO Kenneth C. Frazier, and Treasury Secretary Janet Yellen.\nDimon’s going to be asked about the economic rebound and the markets, the WSJ said, but it might be interesting to see if they ask him any questions about the banking industry now that Q1 earnings are in the rearview mirror. Some analysts note that activity on Wall Street—especially on the Special Purpose Acquisition Company (SPAC) front—has slowed down slightly in Q2, and wonder if that means the sizzling investment banking revenues enjoyed by the industry in Q1 might not be as easy to scoop up this quarter. SPACs raised $82 billion last year, the WSJ reported.\nEarnings Come Down The Stretch With A Lead: We’ve heard a lot of analysts say what a great earnings season it’s been, but it’s another thing to see the actual number plugged in. How does this sound? 45.8%. That’s the average S&P 500 earnings growth with 60% of companies now reporting, according to research firm Factset. If it remains there or higher for the rest of the way, it will be the best earnings growth for a quarter since the economy was emerging from the financial crisis in early 2010. It also leaves analysts’ average estimate of 24% earnings growth going into the reporting period completely in the dust. In fact, 86% of companies are beating analyst estimates on earnings, and 78% on revenue, Factset says.\nThis all sounds good, but you’ll hear some naysayers tell you most of the strength in earnings was built into stock prices going in. Actually, that’s a bit of an exaggeration, and you can see that if you follow the 12-month forward price-to-earnings ratio for the S&P 500. It’s now at 22, by Factset’s reckoning, and that’s down from nearly 24 at the start of 2021. Over the same year-to-date time frame, the S&P Equal Weight 500 jumped 16.2%, research firm CFRA noted Monday (equal weight means each of the 500 companies in the index is given a fixed weight instead of the index being weighted by market cap). In other words, stocks have risen while valuations fell, which is a neat trick.\nNo Chips, No Ride: Have you driven by a car dealership lately? If so, you may have noticed that everything seems more or less in place, except for the cars, that is—they’re missing. As we reported earlier this year, the semiconductor sector is undergoing a massive worldwide shortage. For car buyers, this may mean longer waits and higher prices. And by the way, new cars aren’t the only ones impacted by the shortage. The average price of used cars jumped 12.5% over the last year, according to the National Automobile Dealers Association.\nFor automakers, however, this means wider sales, some even seeing record profits as vehicles are sold before they make it to the sales lot. Investors might want to keep an eye on companies like General MotorsGM 2.48%, FordF 1.98%, and other manufacturers to see how the chip shortage may be impacting their bottom lines. Might the shortage in rides be a ticket to ride the chip shortage to the upside?","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106878466,"gmtCreate":1620105834455,"gmtModify":1704338746668,"author":{"id":"3581654744609547","authorId":"3581654744609547","name":"1ion","avatar":"https://community-static.tradeup.com/news/5eb43d1a6396c67d27010debcc8b8483","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581654744609547","idStr":"3581654744609547"},"themes":[],"htmlText":"can help to be top comment?","listText":"can help to be top comment?","text":"can help to be top comment?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/106878466","repostId":"1147234999","repostType":4,"isVote":1,"tweetType":1,"viewCount":2299,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3580018464245103","authorId":"3580018464245103","name":"Tonnie","avatar":"https://static.tigerbbs.com/292e440fae54d673a2890c475a4d44cb","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3580018464245103","idStr":"3580018464245103"},"content":"Wow, can respont to me too thks","text":"Wow, can respont to me too thks","html":"Wow, can respont to me too thks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374203355,"gmtCreate":1619446620077,"gmtModify":1704724047018,"author":{"id":"3581654744609547","authorId":"3581654744609547","name":"1ion","avatar":"https://community-static.tradeup.com/news/5eb43d1a6396c67d27010debcc8b8483","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581654744609547","idStr":"3581654744609547"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/5UF.SI\">$MAXI-CASH FIN SVCS CORP LTD(5UF.SI)$</a><a href=\"https://laohu8.com/S/5UF.SI\"></a>for task","listText":"<a href=\"https://laohu8.com/S/5UF.SI\">$MAXI-CASH FIN SVCS CORP LTD(5UF.SI)$</a><a href=\"https://laohu8.com/S/5UF.SI\"></a>for task","text":"$MAXI-CASH FIN SVCS CORP LTD(5UF.SI)$for task","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/374203355","isVote":1,"tweetType":1,"viewCount":2067,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}