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2021-08-03

Good time for buying?

Singapore's Wilmar International targets $605 million Indian IPO for Adani Wilmar

2021-06-29

Apple vs Blackberry…

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2021-06-08

Good buy? Hard to say

Dada surged more than 8% in premarket trading

2021-05-31

Interesting!

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2021-05-29

Interesting

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2021-05-01

Wow! Didn’t know abt it

Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.

Go to Tiger App to see more news

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We are excited with JDDJ’s strong growth momentum, and are confident that year-over-year growth rate of JDDJ’s revenue will be over 80% in Q2 and will further accelerate in the second half of 2021.”</p><p>The Company also announces $150 million share repurchase plan.</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>Dada surged more than 8% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDada surged more than 8% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-08 16:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 8)&nbsp;Dada surged more than 8% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/9d774d3b39e0017fac96a0eeb4e0ec75\" tg-width=\"750\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p><p>Hours&nbsp;ago,&nbsp;Dada Nexus&nbsp;reports Q1 adjusted lossof RMB0.65 per share vs. a loss of RMB1.11 per share in lastyear's quarter.</p><p>Total net revenues rose 52.1% Y/Y to RMB1,672.8 million.</p><p>Non-GAAP loss from operations was RMB648.1 million, compared with RMB205.5 million.</p><p>As of March 31, 2021, the Company had RMB5,485.8 million in cash, cash equivalents, restricted cash and short-term investments.</p><p>Total Gross Merchandise Volume of JDDJ for the twelve months ended March 31, 2021 rose 79% Y/Y to RMB28.1 billion.</p><p>Number of active consumers for the twelve months ended March 31, 2021 rose 67% Y/Y to 46.1M.</p><p><b>Q2 Outlook:</b>Total revenue of RMB1.4B-1.45B (about $219-$226.9M) vs. a consensus of $244.4M.</p><p>“We delivered another solid quarter and expect the strong growth momentum will continue,” said Beck Chen, Chief Financial Officer of Dada. “We expect the pro forma growth of total revenue of the Q2 will be 72% to 78%, adjusting the revenue recognition of last-mile delivery services to net basis in Q2 of 2020 and 2021. We are excited with JDDJ’s strong growth momentum, and are confident that year-over-year growth rate of JDDJ’s revenue will be over 80% in Q2 and will further accelerate in the second half of 2021.”</p><p>The Company also announces $150 million share repurchase plan.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DADA":"达达集团"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144438912","content_text":"(June 8) Dada surged more than 8% in premarket trading.Hours ago, Dada Nexus reports Q1 adjusted lossof RMB0.65 per share vs. a loss of RMB1.11 per share in lastyear's quarter.Total net revenues rose 52.1% Y/Y to RMB1,672.8 million.Non-GAAP loss from operations was RMB648.1 million, compared with RMB205.5 million.As of March 31, 2021, the Company had RMB5,485.8 million in cash, cash equivalents, restricted cash and short-term investments.Total Gross Merchandise Volume of JDDJ for the twelve months ended March 31, 2021 rose 79% Y/Y to RMB28.1 billion.Number of active consumers for the twelve months ended March 31, 2021 rose 67% Y/Y to 46.1M.Q2 Outlook:Total revenue of RMB1.4B-1.45B (about $219-$226.9M) vs. a consensus of $244.4M.“We delivered another solid quarter and expect the strong growth momentum will continue,” said Beck Chen, Chief Financial Officer of Dada. “We expect the pro forma growth of total revenue of the Q2 will be 72% to 78%, adjusting the revenue recognition of last-mile delivery services to net basis in Q2 of 2020 and 2021. We are excited with JDDJ’s strong growth momentum, and are confident that year-over-year growth rate of JDDJ’s revenue will be over 80% in Q2 and will further accelerate in the second half of 2021.”The Company also announces $150 million share repurchase plan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":664,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110081668,"gmtCreate":1622417167154,"gmtModify":1704183895996,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Interesting!","listText":"Interesting!","text":"Interesting!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110081668","repostId":"2138100883","repostType":4,"isVote":1,"tweetType":1,"viewCount":871,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134250649,"gmtCreate":1622244672181,"gmtModify":1704182043506,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/134250649","repostId":"1170854386","repostType":4,"isVote":1,"tweetType":1,"viewCount":684,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101979317,"gmtCreate":1619840693339,"gmtModify":1704335633910,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Wow! Didn’t know abt it","listText":"Wow! Didn’t know abt it","text":"Wow! Didn’t know abt it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101979317","repostId":"1142063705","repostType":4,"repost":{"id":"1142063705","kind":"news","pubTimestamp":1619796118,"share":"https://ttm.financial/m/news/1142063705?lang=&edition=fundamental","pubTime":"2021-04-30 23:21","market":"us","language":"en","title":"Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142063705","media":"CNBC","summary":"For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t t","content":"<div>\n<p>For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.</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\">\nEurope's antitrust crackdown on Apple hints at what's coming for the company in the U.S.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1142063705","content_text":"For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.\nBut when the EU competition policy chief Margrethe Vestagerannounced Friday a preliminary findingthatApplehas abused its dominant power in the distribution of streaming music apps, the U.S. finally seems poised to move in a similar direction.\n“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t think they should have to pay anything for that,” by choosing to object to its 15-30% commission on in-app payments for streaming apps.\nApple isn’t currently facing any antitrust charges from government officials in the U.S. and such a lawsuit may never materialize, though the Department of Justice wasreportedly granted oversight of the company’s competitive practices in 2019. But even if the government declines to press charges, recent actions in Congress, state legislatures and in private lawsuits demonstrate a significant shift in the American public’s sentiment toward Apple and the tech industry at large.\nWhen the commissionslapped its first record competition fineagainstGooglein 2017, it wasn’t yet clear that the U.S. might be ready to move on from its once-cozy relationship with its booming tech industry. But in 2018, on the heels of the revelations of howFacebookuser data was used by analytics company Cambridge Analytica during the 2016 election, and increasing questions about how tech platforms can impact American democracy, that seemed to change.\nNow, as Europe continues to move forward with its probe into Apple, the U.S. no longer seems to be so far behind.\nHere’s where Apple stands to face risk of antitrust action or regulation in the U.S.:\nDOJ\nThe DOJ has already moved forward with a massive lawsuit against Google, so it could take some time if it decides to ramp up a probe into Apple. Though the DOJ’s Antitrust Division took on oversight authority of Apple in a 2019 agreement with the FTC, according to aWall Street Journal report, the Google investigation has seemed to take priority.\nStill, then-Attorney General Bill Barr announced later that year that the DOJ wouldconduct a broad antitrust review of Big Tech companies.\nAny action from the DOJ or state enforcers would take the form of a settlement or lawsuit, which would put Apple’s fate in the hands of the courts.\nPrivate lawsuits\nApple’s most immediate challenge in the U.S. has come from private companies bringing antitrust charges against its business in court.\nThe most notable of these lawsuits isfrom Fortnite-maker Epic Games, which is set to begin its trial on Monday. Epic filed its lawsuit with a PR blitz afterchallenging Apple’s in-app payment feeby advertising in its app an alternative, cheaper way to buy character outfits from Epic directly, violating Apple’s rules. That prompted Apple to remove Fortnite from its App Store. Epic filed the suit shortly after and Applefiled counterclaimsagainst Epic for allegedly breaching its contract.\n“Although Epic portrays itself as a modern corporate Robin Hood, in reality it is a multi-billion dollar enterprise that simply wants to pay nothing for the tremendous value it derives from the App Store,” Apple said in a filing with the District Court for the Northern District of California in September.\nCongress\nJust last week,several app-makers testified before the Senate Judiciary subcommittee on antitrust about the alleged anti-competitive harms they’ve facedfrom restrictions on both Apple and Google’s app stores.\nRepresentatives from Apple and Google told lawmakers they simply charge for the technology and the work they put into running the app stores, which have significantly lowered distribution costs for app developers over the years.\nBut witnesses from Tinder-ownerMatch Group, item-tracking device-maker Tile and Spotify painted a different picture.\n“We’re all afraid,” Match Group chief legal officer Jared Sine testified of the platforms’ broad power over their businesses.\nThe witnesses discussed the seemingly arbitrary nature by which Apple allegedly enforces its App Store rules. Spotify’s legal chief claimed Apple has threatened retaliation on numerous occasions and Tile’s top lawyer said Apple denied access to a key feature that wouldimprove their object-tracking product, before utilizing it for Apple’s own rival gadget,called AirTag.\nTile said that while Apple now makes the feature available for third-party developers to incorporate, accessing it would mean handing over a significant amount of data and control to Apple. Apple’s representative said its product is different from Tile’s and opening the feature in question will encourage further competition in the space.\nSenators at the hearing seemed receptive to the app developers’ complaints, which build on earlier claims made before House lawmakers. The House Judiciary subcommittee on antitrust found in a more than year-long probe thatAmazon, Apple, Facebook and Googleall hold monopoly power, and lawmakers are currently crafting bills to enable stronger antitrust enforcement of digital markets.\nState Legislatures\nSeveral state legislatures have beenconsidering bills that would require platforms like Apple and Google to allow app-makers to use their own payment processing systems. While the bills have so far hadvarying degrees of successin the early stages of lawmaking, passage in one state could raise a host of questions about how it should be enforced given the ambiguous nature of digital borders.\nThe bills have been supported by the Coalition for App Fairness, a group of companies that have complained about app store fees, including Epic Games, Match Group and Spotify.\nApple has often argued that it maintains features like payments within its own ecosystem in order to protect consumers and secure their data, though app developers and lawmakers have expressed skepticism about that reasoning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":753,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":150271208,"gmtCreate":1624918781704,"gmtModify":1703847702990,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Apple vs Blackberry…","listText":"Apple vs Blackberry…","text":"Apple vs Blackberry…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/150271208","repostId":"2146836375","repostType":4,"isVote":1,"tweetType":1,"viewCount":786,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804846092,"gmtCreate":1627951272516,"gmtModify":1703498373238,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Good time for buying?","listText":"Good time for buying?","text":"Good time for buying?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804846092","repostId":"1121830825","repostType":4,"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117536714,"gmtCreate":1623149896938,"gmtModify":1704197085153,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Good buy? Hard to say","listText":"Good buy? Hard to say","text":"Good buy? Hard to say","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/117536714","repostId":"1144438912","repostType":4,"repost":{"id":"1144438912","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":1623140401,"share":"https://ttm.financial/m/news/1144438912?lang=&edition=fundamental","pubTime":"2021-06-08 16:20","market":"us","language":"en","title":"Dada surged more than 8% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1144438912","media":"Tiger Newspress","summary":"(June 8) Dada surged more than 8% in premarket trading.Hours ago, Dada Nexus reports Q1 adjusted los","content":"<p>(June 8)&nbsp;Dada surged more than 8% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/9d774d3b39e0017fac96a0eeb4e0ec75\" tg-width=\"750\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p><p>Hours&nbsp;ago,&nbsp;Dada Nexus&nbsp;reports Q1 adjusted lossof RMB0.65 per share vs. a loss of RMB1.11 per share in lastyear's quarter.</p><p>Total net revenues rose 52.1% Y/Y to RMB1,672.8 million.</p><p>Non-GAAP loss from operations was RMB648.1 million, compared with RMB205.5 million.</p><p>As of March 31, 2021, the Company had RMB5,485.8 million in cash, cash equivalents, restricted cash and short-term investments.</p><p>Total Gross Merchandise Volume of JDDJ for the twelve months ended March 31, 2021 rose 79% Y/Y to RMB28.1 billion.</p><p>Number of active consumers for the twelve months ended March 31, 2021 rose 67% Y/Y to 46.1M.</p><p><b>Q2 Outlook:</b>Total revenue of RMB1.4B-1.45B (about $219-$226.9M) vs. a consensus of $244.4M.</p><p>“We delivered another solid quarter and expect the strong growth momentum will continue,” said Beck Chen, Chief Financial Officer of Dada. “We expect the pro forma growth of total revenue of the Q2 will be 72% to 78%, adjusting the revenue recognition of last-mile delivery services to net basis in Q2 of 2020 and 2021. We are excited with JDDJ’s strong growth momentum, and are confident that year-over-year growth rate of JDDJ’s revenue will be over 80% in Q2 and will further accelerate in the second half of 2021.”</p><p>The Company also announces $150 million share repurchase plan.</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>Dada surged more than 8% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDada surged more than 8% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-08 16:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 8)&nbsp;Dada surged more than 8% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/9d774d3b39e0017fac96a0eeb4e0ec75\" tg-width=\"750\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p><p>Hours&nbsp;ago,&nbsp;Dada Nexus&nbsp;reports Q1 adjusted lossof RMB0.65 per share vs. a loss of RMB1.11 per share in lastyear's quarter.</p><p>Total net revenues rose 52.1% Y/Y to RMB1,672.8 million.</p><p>Non-GAAP loss from operations was RMB648.1 million, compared with RMB205.5 million.</p><p>As of March 31, 2021, the Company had RMB5,485.8 million in cash, cash equivalents, restricted cash and short-term investments.</p><p>Total Gross Merchandise Volume of JDDJ for the twelve months ended March 31, 2021 rose 79% Y/Y to RMB28.1 billion.</p><p>Number of active consumers for the twelve months ended March 31, 2021 rose 67% Y/Y to 46.1M.</p><p><b>Q2 Outlook:</b>Total revenue of RMB1.4B-1.45B (about $219-$226.9M) vs. a consensus of $244.4M.</p><p>“We delivered another solid quarter and expect the strong growth momentum will continue,” said Beck Chen, Chief Financial Officer of Dada. “We expect the pro forma growth of total revenue of the Q2 will be 72% to 78%, adjusting the revenue recognition of last-mile delivery services to net basis in Q2 of 2020 and 2021. We are excited with JDDJ’s strong growth momentum, and are confident that year-over-year growth rate of JDDJ’s revenue will be over 80% in Q2 and will further accelerate in the second half of 2021.”</p><p>The Company also announces $150 million share repurchase plan.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DADA":"达达集团"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144438912","content_text":"(June 8) Dada surged more than 8% in premarket trading.Hours ago, Dada Nexus reports Q1 adjusted lossof RMB0.65 per share vs. a loss of RMB1.11 per share in lastyear's quarter.Total net revenues rose 52.1% Y/Y to RMB1,672.8 million.Non-GAAP loss from operations was RMB648.1 million, compared with RMB205.5 million.As of March 31, 2021, the Company had RMB5,485.8 million in cash, cash equivalents, restricted cash and short-term investments.Total Gross Merchandise Volume of JDDJ for the twelve months ended March 31, 2021 rose 79% Y/Y to RMB28.1 billion.Number of active consumers for the twelve months ended March 31, 2021 rose 67% Y/Y to 46.1M.Q2 Outlook:Total revenue of RMB1.4B-1.45B (about $219-$226.9M) vs. a consensus of $244.4M.“We delivered another solid quarter and expect the strong growth momentum will continue,” said Beck Chen, Chief Financial Officer of Dada. “We expect the pro forma growth of total revenue of the Q2 will be 72% to 78%, adjusting the revenue recognition of last-mile delivery services to net basis in Q2 of 2020 and 2021. We are excited with JDDJ’s strong growth momentum, and are confident that year-over-year growth rate of JDDJ’s revenue will be over 80% in Q2 and will further accelerate in the second half of 2021.”The Company also announces $150 million share repurchase plan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":664,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134250649,"gmtCreate":1622244672181,"gmtModify":1704182043506,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/134250649","repostId":"1170854386","repostType":4,"isVote":1,"tweetType":1,"viewCount":684,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110081668,"gmtCreate":1622417167154,"gmtModify":1704183895996,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Interesting!","listText":"Interesting!","text":"Interesting!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110081668","repostId":"2138100883","repostType":4,"repost":{"id":"2138100883","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":1622208120,"share":"https://ttm.financial/m/news/2138100883?lang=&edition=fundamental","pubTime":"2021-05-28 21:22","market":"fut","language":"en","title":"The price of meat this Memorial Day Weekend may cause you to reach for the veggie burgers","url":"https://stock-news.laohu8.com/highlight/detail?id=2138100883","media":"Dow Jones","summary":"'Meat prices are often more volatile than some other food price categories'\nWill you be putting baco","content":"<p>'Meat prices are often more volatile than some other food price categories'</p>\n<p>Will you be putting bacon and hamburgers on the grill this weekend? Or will you be reaching for the veggie burgers ?</p>\n<p>Barbecues will be heating up this Memorial Day weekend -- not just from coal or propane -- but from the record prices Americans will pay at the grocery store. Beef, pork and corn are must-haves for many Americans this weekend, but this year that demand is coupled with high prices, a bad combination for consumers.</p>\n<p>Meat prices rose by 1% in April compared to March, and have jumped 4% over the past year, according to the most recent government figures. \"Meat prices are often more volatile than some other food price categories,\" said Jayson Lusk, head of the agricultural economics department at Purdue University.</p>\n<p>Case in point: a pound of sliced bacon cost $6.21 in April compared to $5.35 for the same period last year, according to data from the U.S. Department of Agriculture. A pound of boneless chicken breast costs $3.41 a pound last month versus $3.16 a pound in April last year.</p>\n<p>The rise in price of chunks of meat in American grocery bags, particularly before Memorial Day Weekend, comes at a time when millions of people are tightening their belts, trying to stay afloat after losing their jobs during the coronavirus pandemic, or simply just hold onto the jobs they have.</p>\n<p>Depending on their baskets, hungry shoppers this weekend will get \"sticker shock,\" said Isaac Olvera, lead food and agricultural economist at ArrowStream, a food-service supply chain technology company. Many consumers, he said, will look at their receipt and wonder, 'What's going on here?'</p>\n<p>For people who have not embraced their inner vegan, it's hard to avoid buying meat, especially during Memorial Day Weekend, and other U.S. holidays. \"Meat price changes often drive changes in the food consumer price index,\" Lusk added, \"in part because they also represent a large share of food expenditures.\"</p>\n<p>To be fair, it's not just meat that's seen higher prices this weekend. Americans have been spending more money on food over the last year. Food prices at grocery stores, which increased 5.7% on average in April of this year , a market research business.</p>\n<p>But what's behind the rise in the cost of meat?</p>\n<p>Supply, to some extent, has yet to catch up with demand. Meat-packing plants across the country were hit badly during the COVID-19 pandemic with many workers becoming ill and plants being forced to shut down production. It was not just a U.S. problem. Many European plants had similar issues .</p>\n<p>\"The meat and poultry price increases were driven by high feed costs and strong domestic and international demand,\" according to the Department of Agriculture's Food Price Outlook 2021 . \"In addition, winter storms and drought disrupted the beef supply, and high prices for sows dampened pork production.\"</p>\n<p>Another reason: near-record prices , a cooperative bank that's also a member of the Farm Credit System.</p>\n<p>\"The 50,000-foot view is that all meat will be more expensive when calculated through 2021,\" Kevin Good, vice president of industry Relations for CattleFax , an independent research firm, told RestaurantBusiness.com . \"Grain prices are higher, exports are stronger and there's a tighter supply of all proteins.\"</p>\n<p>A combination of all the above has also led some farmers to shrink their herds due to falling profit margins. In addition to the increased cost of animal feed, some farmers are struggling to rehire truck drivers after the pandemi has made the transportation of meat more expensive.</p>\n<p>Employers have complained that it's hard to find workers; indeed, many Republican governors said people are not enthused about returning to work if they're earning more with enhanced unemployment benefits. But others say people want to work, and it's difficult to find quality, well-paid jobs -- in agriculture or elsewhere.</p>\n<p>Meat prices, meanwhile, will continue to rise. Looking ahead, beef and veal prices are predicted to increase 1% to 2% in 2021, the USDA's Food Price Outlook added. Pork prices are seen rising between 2% and 3%, while other meat prices are expected to increase 1% to 2%. Labor Day Weekend may look this weekend cheap.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The price of meat this Memorial Day Weekend may cause you to reach for the veggie burgers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe price of meat this Memorial Day Weekend may cause you to reach for the veggie burgers\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\">2021-05-28 21:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>'Meat prices are often more volatile than some other food price categories'</p>\n<p>Will you be putting bacon and hamburgers on the grill this weekend? Or will you be reaching for the veggie burgers ?</p>\n<p>Barbecues will be heating up this Memorial Day weekend -- not just from coal or propane -- but from the record prices Americans will pay at the grocery store. Beef, pork and corn are must-haves for many Americans this weekend, but this year that demand is coupled with high prices, a bad combination for consumers.</p>\n<p>Meat prices rose by 1% in April compared to March, and have jumped 4% over the past year, according to the most recent government figures. \"Meat prices are often more volatile than some other food price categories,\" said Jayson Lusk, head of the agricultural economics department at Purdue University.</p>\n<p>Case in point: a pound of sliced bacon cost $6.21 in April compared to $5.35 for the same period last year, according to data from the U.S. Department of Agriculture. A pound of boneless chicken breast costs $3.41 a pound last month versus $3.16 a pound in April last year.</p>\n<p>The rise in price of chunks of meat in American grocery bags, particularly before Memorial Day Weekend, comes at a time when millions of people are tightening their belts, trying to stay afloat after losing their jobs during the coronavirus pandemic, or simply just hold onto the jobs they have.</p>\n<p>Depending on their baskets, hungry shoppers this weekend will get \"sticker shock,\" said Isaac Olvera, lead food and agricultural economist at ArrowStream, a food-service supply chain technology company. Many consumers, he said, will look at their receipt and wonder, 'What's going on here?'</p>\n<p>For people who have not embraced their inner vegan, it's hard to avoid buying meat, especially during Memorial Day Weekend, and other U.S. holidays. \"Meat price changes often drive changes in the food consumer price index,\" Lusk added, \"in part because they also represent a large share of food expenditures.\"</p>\n<p>To be fair, it's not just meat that's seen higher prices this weekend. Americans have been spending more money on food over the last year. Food prices at grocery stores, which increased 5.7% on average in April of this year , a market research business.</p>\n<p>But what's behind the rise in the cost of meat?</p>\n<p>Supply, to some extent, has yet to catch up with demand. Meat-packing plants across the country were hit badly during the COVID-19 pandemic with many workers becoming ill and plants being forced to shut down production. It was not just a U.S. problem. Many European plants had similar issues .</p>\n<p>\"The meat and poultry price increases were driven by high feed costs and strong domestic and international demand,\" according to the Department of Agriculture's Food Price Outlook 2021 . \"In addition, winter storms and drought disrupted the beef supply, and high prices for sows dampened pork production.\"</p>\n<p>Another reason: near-record prices , a cooperative bank that's also a member of the Farm Credit System.</p>\n<p>\"The 50,000-foot view is that all meat will be more expensive when calculated through 2021,\" Kevin Good, vice president of industry Relations for CattleFax , an independent research firm, told RestaurantBusiness.com . \"Grain prices are higher, exports are stronger and there's a tighter supply of all proteins.\"</p>\n<p>A combination of all the above has also led some farmers to shrink their herds due to falling profit margins. In addition to the increased cost of animal feed, some farmers are struggling to rehire truck drivers after the pandemi has made the transportation of meat more expensive.</p>\n<p>Employers have complained that it's hard to find workers; indeed, many Republican governors said people are not enthused about returning to work if they're earning more with enhanced unemployment benefits. But others say people want to work, and it's difficult to find quality, well-paid jobs -- in agriculture or elsewhere.</p>\n<p>Meat prices, meanwhile, will continue to rise. Looking ahead, beef and veal prices are predicted to increase 1% to 2% in 2021, the USDA's Food Price Outlook added. Pork prices are seen rising between 2% and 3%, while other meat prices are expected to increase 1% to 2%. Labor Day Weekend may look this weekend cheap.</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":"2138100883","content_text":"'Meat prices are often more volatile than some other food price categories'\nWill you be putting bacon and hamburgers on the grill this weekend? Or will you be reaching for the veggie burgers ?\nBarbecues will be heating up this Memorial Day weekend -- not just from coal or propane -- but from the record prices Americans will pay at the grocery store. Beef, pork and corn are must-haves for many Americans this weekend, but this year that demand is coupled with high prices, a bad combination for consumers.\nMeat prices rose by 1% in April compared to March, and have jumped 4% over the past year, according to the most recent government figures. \"Meat prices are often more volatile than some other food price categories,\" said Jayson Lusk, head of the agricultural economics department at Purdue University.\nCase in point: a pound of sliced bacon cost $6.21 in April compared to $5.35 for the same period last year, according to data from the U.S. Department of Agriculture. A pound of boneless chicken breast costs $3.41 a pound last month versus $3.16 a pound in April last year.\nThe rise in price of chunks of meat in American grocery bags, particularly before Memorial Day Weekend, comes at a time when millions of people are tightening their belts, trying to stay afloat after losing their jobs during the coronavirus pandemic, or simply just hold onto the jobs they have.\nDepending on their baskets, hungry shoppers this weekend will get \"sticker shock,\" said Isaac Olvera, lead food and agricultural economist at ArrowStream, a food-service supply chain technology company. Many consumers, he said, will look at their receipt and wonder, 'What's going on here?'\nFor people who have not embraced their inner vegan, it's hard to avoid buying meat, especially during Memorial Day Weekend, and other U.S. holidays. \"Meat price changes often drive changes in the food consumer price index,\" Lusk added, \"in part because they also represent a large share of food expenditures.\"\nTo be fair, it's not just meat that's seen higher prices this weekend. Americans have been spending more money on food over the last year. Food prices at grocery stores, which increased 5.7% on average in April of this year , a market research business.\nBut what's behind the rise in the cost of meat?\nSupply, to some extent, has yet to catch up with demand. Meat-packing plants across the country were hit badly during the COVID-19 pandemic with many workers becoming ill and plants being forced to shut down production. It was not just a U.S. problem. Many European plants had similar issues .\n\"The meat and poultry price increases were driven by high feed costs and strong domestic and international demand,\" according to the Department of Agriculture's Food Price Outlook 2021 . \"In addition, winter storms and drought disrupted the beef supply, and high prices for sows dampened pork production.\"\nAnother reason: near-record prices , a cooperative bank that's also a member of the Farm Credit System.\n\"The 50,000-foot view is that all meat will be more expensive when calculated through 2021,\" Kevin Good, vice president of industry Relations for CattleFax , an independent research firm, told RestaurantBusiness.com . \"Grain prices are higher, exports are stronger and there's a tighter supply of all proteins.\"\nA combination of all the above has also led some farmers to shrink their herds due to falling profit margins. In addition to the increased cost of animal feed, some farmers are struggling to rehire truck drivers after the pandemi has made the transportation of meat more expensive.\nEmployers have complained that it's hard to find workers; indeed, many Republican governors said people are not enthused about returning to work if they're earning more with enhanced unemployment benefits. But others say people want to work, and it's difficult to find quality, well-paid jobs -- in agriculture or elsewhere.\nMeat prices, meanwhile, will continue to rise. Looking ahead, beef and veal prices are predicted to increase 1% to 2% in 2021, the USDA's Food Price Outlook added. Pork prices are seen rising between 2% and 3%, while other meat prices are expected to increase 1% to 2%. Labor Day Weekend may look this weekend cheap.","news_type":1},"isVote":1,"tweetType":1,"viewCount":871,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101979317,"gmtCreate":1619840693339,"gmtModify":1704335633910,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Wow! Didn’t know abt it","listText":"Wow! Didn’t know abt it","text":"Wow! Didn’t know abt it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101979317","repostId":"1142063705","repostType":4,"repost":{"id":"1142063705","kind":"news","pubTimestamp":1619796118,"share":"https://ttm.financial/m/news/1142063705?lang=&edition=fundamental","pubTime":"2021-04-30 23:21","market":"us","language":"en","title":"Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142063705","media":"CNBC","summary":"For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t t","content":"<div>\n<p>For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.</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; 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}\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\">\nEurope's antitrust crackdown on Apple hints at what's coming for the company in the U.S.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1142063705","content_text":"For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.\nBut when the EU competition policy chief Margrethe Vestagerannounced Friday a preliminary findingthatApplehas abused its dominant power in the distribution of streaming music apps, the U.S. finally seems poised to move in a similar direction.\n“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t think they should have to pay anything for that,” by choosing to object to its 15-30% commission on in-app payments for streaming apps.\nApple isn’t currently facing any antitrust charges from government officials in the U.S. and such a lawsuit may never materialize, though the Department of Justice wasreportedly granted oversight of the company’s competitive practices in 2019. But even if the government declines to press charges, recent actions in Congress, state legislatures and in private lawsuits demonstrate a significant shift in the American public’s sentiment toward Apple and the tech industry at large.\nWhen the commissionslapped its first record competition fineagainstGooglein 2017, it wasn’t yet clear that the U.S. might be ready to move on from its once-cozy relationship with its booming tech industry. But in 2018, on the heels of the revelations of howFacebookuser data was used by analytics company Cambridge Analytica during the 2016 election, and increasing questions about how tech platforms can impact American democracy, that seemed to change.\nNow, as Europe continues to move forward with its probe into Apple, the U.S. no longer seems to be so far behind.\nHere’s where Apple stands to face risk of antitrust action or regulation in the U.S.:\nDOJ\nThe DOJ has already moved forward with a massive lawsuit against Google, so it could take some time if it decides to ramp up a probe into Apple. Though the DOJ’s Antitrust Division took on oversight authority of Apple in a 2019 agreement with the FTC, according to aWall Street Journal report, the Google investigation has seemed to take priority.\nStill, then-Attorney General Bill Barr announced later that year that the DOJ wouldconduct a broad antitrust review of Big Tech companies.\nAny action from the DOJ or state enforcers would take the form of a settlement or lawsuit, which would put Apple’s fate in the hands of the courts.\nPrivate lawsuits\nApple’s most immediate challenge in the U.S. has come from private companies bringing antitrust charges against its business in court.\nThe most notable of these lawsuits isfrom Fortnite-maker Epic Games, which is set to begin its trial on Monday. Epic filed its lawsuit with a PR blitz afterchallenging Apple’s in-app payment feeby advertising in its app an alternative, cheaper way to buy character outfits from Epic directly, violating Apple’s rules. That prompted Apple to remove Fortnite from its App Store. Epic filed the suit shortly after and Applefiled counterclaimsagainst Epic for allegedly breaching its contract.\n“Although Epic portrays itself as a modern corporate Robin Hood, in reality it is a multi-billion dollar enterprise that simply wants to pay nothing for the tremendous value it derives from the App Store,” Apple said in a filing with the District Court for the Northern District of California in September.\nCongress\nJust last week,several app-makers testified before the Senate Judiciary subcommittee on antitrust about the alleged anti-competitive harms they’ve facedfrom restrictions on both Apple and Google’s app stores.\nRepresentatives from Apple and Google told lawmakers they simply charge for the technology and the work they put into running the app stores, which have significantly lowered distribution costs for app developers over the years.\nBut witnesses from Tinder-ownerMatch Group, item-tracking device-maker Tile and Spotify painted a different picture.\n“We’re all afraid,” Match Group chief legal officer Jared Sine testified of the platforms’ broad power over their businesses.\nThe witnesses discussed the seemingly arbitrary nature by which Apple allegedly enforces its App Store rules. Spotify’s legal chief claimed Apple has threatened retaliation on numerous occasions and Tile’s top lawyer said Apple denied access to a key feature that wouldimprove their object-tracking product, before utilizing it for Apple’s own rival gadget,called AirTag.\nTile said that while Apple now makes the feature available for third-party developers to incorporate, accessing it would mean handing over a significant amount of data and control to Apple. Apple’s representative said its product is different from Tile’s and opening the feature in question will encourage further competition in the space.\nSenators at the hearing seemed receptive to the app developers’ complaints, which build on earlier claims made before House lawmakers. The House Judiciary subcommittee on antitrust found in a more than year-long probe thatAmazon, Apple, Facebook and Googleall hold monopoly power, and lawmakers are currently crafting bills to enable stronger antitrust enforcement of digital markets.\nState Legislatures\nSeveral state legislatures have beenconsidering bills that would require platforms like Apple and Google to allow app-makers to use their own payment processing systems. While the bills have so far hadvarying degrees of successin the early stages of lawmaking, passage in one state could raise a host of questions about how it should be enforced given the ambiguous nature of digital borders.\nThe bills have been supported by the Coalition for App Fairness, a group of companies that have complained about app store fees, including Epic Games, Match Group and Spotify.\nApple has often argued that it maintains features like payments within its own ecosystem in order to protect consumers and secure their data, though app developers and lawmakers have expressed skepticism about that reasoning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":753,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}