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AckermanBR
2021-04-29
Ok nt bad
Crude Oil Higher as U.S. Growth Prompts Confidence
AckermanBR
2021-04-28
Ok
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nt bad","listText":"Ok nt bad","text":"Ok nt bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/109557927","repostId":"1100121693","repostType":4,"repost":{"id":"1100121693","kind":"news","weMediaInfo":{"introduction":"全球第五大财经门户网站Investing.com中国官方微信，提供全球各国海量金融资讯和实时行情数据，包括股票股指、外汇、期货、基金、债券、加密货币等。关注全球金融市场动态的投资者千万不可错过。","home_visible":1,"media_name":"英为财情Investing","id":"92","head_image":"https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313"},"pubTimestamp":1619704949,"share":"https://ttm.financial/m/news/1100121693?lang=&edition=fundamental","pubTime":"2021-04-29 22:02","market":"fut","language":"en","title":"Crude Oil Higher as U.S. Growth Prompts Confidence","url":"https://stock-news.laohu8.com/highlight/detail?id=1100121693","media":"英为财情Investing","summary":"Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by","content":"<p>Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by further signs of a global economic recovery, particularly in the U.S., the world's largest consumer of oil.</p>\n<p>By 9:45 AM ET (1445 GMT),U.S. crudefutures traded 2% higher at $65.14 a barrel, while the international benchmarkBrentcontract rose 2% to $68.12.</p>\n<p>U.S. Gasoline RBOB Futures were up 1.5% at $2.1069 a gallon.</p>\n<p>The U.S. economy strengthened in the first quarter of 2021 at a faster rate than expected, as Covid-19-related lockdowns started to ease.Gross domestic productgrew at an annualized rate of 6.4% in the first quarter, up from 4.3% in the fourth quarter of 2020 and faster than consensus forecasts of 6.1%.</p>\n<p>This report detailed the strongest first quarter growth since 1984, with total economic output now less than 1% below the pre-pandemic GDP peak.</p>\n<p>A separate report from the Labor Department showed that another 553,000 Americans filed first-timejobless claimslast week, a pandemic-era low.</p>\n<p>With China's economy growing at a record 18.3% in the first quarter compared with last year and Germany’s government recently raising its growth forecast for Europe's largest economy to 3.5% from 3%, optimism is steadily growing that global oil demand can climb back to pre-pandemic levels in a short time.</p>\n<p>Earlier this week technical experts from the Organization of Petroleum Exporting Countries saw demand climbing by 6 million barrels a day this year, while influential investment bank Goldman Sachs (NYSE:GS) expects global oil demand to realize the biggest jump ever over the next six months, as prices climb to around $80 a barrel.</p>\n<p>Sentiment in the sector has also been helped by Europe's major energy companies reporting big increases in first-quarter earnings, putting the worst of the pandemic-driven slump in fuel demand behind them.</p>\n<p>With benchmark oil prices recovering from an April 2020 low of $16 a barrel, most of the companies managed to drive profits back above levels seen before the coronavirus pandemic first struck.</p>\n<p>Adding to the good news, the weekly EIA report showed some continued positive signals when it comes to U.S. demand, with refinery utilization at the highest level since March of last year.</p>\n<p>“Refined products consumption also improved, with implied demand for total products increasing by 1.63MMbbls/d, leaving demand at the highest level since mid-February,” ING analysts said, in a note.</p>\n<p>The one fly in the ointment is the increase in Covid cases in parts of the world that haven’t instituted successful vaccination programs, particularly in India.</p>\n<p>“While demand appears to be trending in the right direction in the US, there are still clear concerns over the impact that the surge in Covid-19 cases in India is having on fuel demand,” ING added.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nCrude Oil Higher as U.S. Growth Prompts Confidence\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/92\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">英为财情Investing </p>\n<p class=\"h-time\">2021-04-29 22:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by further signs of a global economic recovery, particularly in the U.S., the world's largest consumer of oil.</p>\n<p>By 9:45 AM ET (1445 GMT),U.S. crudefutures traded 2% higher at $65.14 a barrel, while the international benchmarkBrentcontract rose 2% to $68.12.</p>\n<p>U.S. Gasoline RBOB Futures were up 1.5% at $2.1069 a gallon.</p>\n<p>The U.S. economy strengthened in the first quarter of 2021 at a faster rate than expected, as Covid-19-related lockdowns started to ease.Gross domestic productgrew at an annualized rate of 6.4% in the first quarter, up from 4.3% in the fourth quarter of 2020 and faster than consensus forecasts of 6.1%.</p>\n<p>This report detailed the strongest first quarter growth since 1984, with total economic output now less than 1% below the pre-pandemic GDP peak.</p>\n<p>A separate report from the Labor Department showed that another 553,000 Americans filed first-timejobless claimslast week, a pandemic-era low.</p>\n<p>With China's economy growing at a record 18.3% in the first quarter compared with last year and Germany’s government recently raising its growth forecast for Europe's largest economy to 3.5% from 3%, optimism is steadily growing that global oil demand can climb back to pre-pandemic levels in a short time.</p>\n<p>Earlier this week technical experts from the Organization of Petroleum Exporting Countries saw demand climbing by 6 million barrels a day this year, while influential investment bank Goldman Sachs (NYSE:GS) expects global oil demand to realize the biggest jump ever over the next six months, as prices climb to around $80 a barrel.</p>\n<p>Sentiment in the sector has also been helped by Europe's major energy companies reporting big increases in first-quarter earnings, putting the worst of the pandemic-driven slump in fuel demand behind them.</p>\n<p>With benchmark oil prices recovering from an April 2020 low of $16 a barrel, most of the companies managed to drive profits back above levels seen before the coronavirus pandemic first struck.</p>\n<p>Adding to the good news, the weekly EIA report showed some continued positive signals when it comes to U.S. demand, with refinery utilization at the highest level since March of last year.</p>\n<p>“Refined products consumption also improved, with implied demand for total products increasing by 1.63MMbbls/d, leaving demand at the highest level since mid-February,” ING analysts said, in a note.</p>\n<p>The one fly in the ointment is the increase in Covid cases in parts of the world that haven’t instituted successful vaccination programs, particularly in India.</p>\n<p>“While demand appears to be trending in the right direction in the US, there are still clear concerns over the impact that the surge in Covid-19 cases in India is having on fuel demand,” ING added.</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":"1100121693","content_text":"Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by further signs of a global economic recovery, particularly in the U.S., the world's largest consumer of oil.\nBy 9:45 AM ET (1445 GMT),U.S. crudefutures traded 2% higher at $65.14 a barrel, while the international benchmarkBrentcontract rose 2% to $68.12.\nU.S. Gasoline RBOB Futures were up 1.5% at $2.1069 a gallon.\nThe U.S. economy strengthened in the first quarter of 2021 at a faster rate than expected, as Covid-19-related lockdowns started to ease.Gross domestic productgrew at an annualized rate of 6.4% in the first quarter, up from 4.3% in the fourth quarter of 2020 and faster than consensus forecasts of 6.1%.\nThis report detailed the strongest first quarter growth since 1984, with total economic output now less than 1% below the pre-pandemic GDP peak.\nA separate report from the Labor Department showed that another 553,000 Americans filed first-timejobless claimslast week, a pandemic-era low.\nWith China's economy growing at a record 18.3% in the first quarter compared with last year and Germany’s government recently raising its growth forecast for Europe's largest economy to 3.5% from 3%, optimism is steadily growing that global oil demand can climb back to pre-pandemic levels in a short time.\nEarlier this week technical experts from the Organization of Petroleum Exporting Countries saw demand climbing by 6 million barrels a day this year, while influential investment bank Goldman Sachs (NYSE:GS) expects global oil demand to realize the biggest jump ever over the next six months, as prices climb to around $80 a barrel.\nSentiment in the sector has also been helped by Europe's major energy companies reporting big increases in first-quarter earnings, putting the worst of the pandemic-driven slump in fuel demand behind them.\nWith benchmark oil prices recovering from an April 2020 low of $16 a barrel, most of the companies managed to drive profits back above levels seen before the coronavirus pandemic first struck.\nAdding to the good news, the weekly EIA report showed some continued positive signals when it comes to U.S. demand, with refinery utilization at the highest level since March of last year.\n“Refined products consumption also improved, with implied demand for total products increasing by 1.63MMbbls/d, leaving demand at the highest level since mid-February,” ING analysts said, in a note.\nThe one fly in the ointment is the increase in Covid cases in parts of the world that haven’t instituted successful vaccination programs, particularly in India.\n“While demand appears to be trending in the right direction in the US, there are still clear concerns over the impact that the surge in Covid-19 cases in India is having on fuel demand,” ING added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100577050,"gmtCreate":1619625233670,"gmtModify":1704727066515,"author":{"id":"3579688364784743","authorId":"3579688364784743","name":"AckermanBR","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579688364784743","authorIdStr":"3579688364784743"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/100577050","repostId":"1131068131","repostType":4,"isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":109557927,"gmtCreate":1619706687369,"gmtModify":1704728395379,"author":{"id":"3579688364784743","authorId":"3579688364784743","name":"AckermanBR","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579688364784743","authorIdStr":"3579688364784743"},"themes":[],"htmlText":"Ok nt bad","listText":"Ok nt bad","text":"Ok nt bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/109557927","repostId":"1100121693","repostType":4,"repost":{"id":"1100121693","kind":"news","weMediaInfo":{"introduction":"全球第五大财经门户网站Investing.com中国官方微信，提供全球各国海量金融资讯和实时行情数据，包括股票股指、外汇、期货、基金、债券、加密货币等。关注全球金融市场动态的投资者千万不可错过。","home_visible":1,"media_name":"英为财情Investing","id":"92","head_image":"https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313"},"pubTimestamp":1619704949,"share":"https://ttm.financial/m/news/1100121693?lang=&edition=fundamental","pubTime":"2021-04-29 22:02","market":"fut","language":"en","title":"Crude Oil Higher as U.S. Growth Prompts Confidence","url":"https://stock-news.laohu8.com/highlight/detail?id=1100121693","media":"英为财情Investing","summary":"Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by","content":"<p>Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by further signs of a global economic recovery, particularly in the U.S., the world's largest consumer of oil.</p>\n<p>By 9:45 AM ET (1445 GMT),U.S. crudefutures traded 2% higher at $65.14 a barrel, while the international benchmarkBrentcontract rose 2% to $68.12.</p>\n<p>U.S. Gasoline RBOB Futures were up 1.5% at $2.1069 a gallon.</p>\n<p>The U.S. economy strengthened in the first quarter of 2021 at a faster rate than expected, as Covid-19-related lockdowns started to ease.Gross domestic productgrew at an annualized rate of 6.4% in the first quarter, up from 4.3% in the fourth quarter of 2020 and faster than consensus forecasts of 6.1%.</p>\n<p>This report detailed the strongest first quarter growth since 1984, with total economic output now less than 1% below the pre-pandemic GDP peak.</p>\n<p>A separate report from the Labor Department showed that another 553,000 Americans filed first-timejobless claimslast week, a pandemic-era low.</p>\n<p>With China's economy growing at a record 18.3% in the first quarter compared with last year and Germany’s government recently raising its growth forecast for Europe's largest economy to 3.5% from 3%, optimism is steadily growing that global oil demand can climb back to pre-pandemic levels in a short time.</p>\n<p>Earlier this week technical experts from the Organization of Petroleum Exporting Countries saw demand climbing by 6 million barrels a day this year, while influential investment bank Goldman Sachs (NYSE:GS) expects global oil demand to realize the biggest jump ever over the next six months, as prices climb to around $80 a barrel.</p>\n<p>Sentiment in the sector has also been helped by Europe's major energy companies reporting big increases in first-quarter earnings, putting the worst of the pandemic-driven slump in fuel demand behind them.</p>\n<p>With benchmark oil prices recovering from an April 2020 low of $16 a barrel, most of the companies managed to drive profits back above levels seen before the coronavirus pandemic first struck.</p>\n<p>Adding to the good news, the weekly EIA report showed some continued positive signals when it comes to U.S. demand, with refinery utilization at the highest level since March of last year.</p>\n<p>“Refined products consumption also improved, with implied demand for total products increasing by 1.63MMbbls/d, leaving demand at the highest level since mid-February,” ING analysts said, in a note.</p>\n<p>The one fly in the ointment is the increase in Covid cases in parts of the world that haven’t instituted successful vaccination programs, particularly in India.</p>\n<p>“While demand appears to be trending in the right direction in the US, there are still clear concerns over the impact that the surge in Covid-19 cases in India is having on fuel demand,” ING added.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nCrude Oil Higher as U.S. Growth Prompts Confidence\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/92\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">英为财情Investing </p>\n<p class=\"h-time\">2021-04-29 22:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by further signs of a global economic recovery, particularly in the U.S., the world's largest consumer of oil.</p>\n<p>By 9:45 AM ET (1445 GMT),U.S. crudefutures traded 2% higher at $65.14 a barrel, while the international benchmarkBrentcontract rose 2% to $68.12.</p>\n<p>U.S. Gasoline RBOB Futures were up 1.5% at $2.1069 a gallon.</p>\n<p>The U.S. economy strengthened in the first quarter of 2021 at a faster rate than expected, as Covid-19-related lockdowns started to ease.Gross domestic productgrew at an annualized rate of 6.4% in the first quarter, up from 4.3% in the fourth quarter of 2020 and faster than consensus forecasts of 6.1%.</p>\n<p>This report detailed the strongest first quarter growth since 1984, with total economic output now less than 1% below the pre-pandemic GDP peak.</p>\n<p>A separate report from the Labor Department showed that another 553,000 Americans filed first-timejobless claimslast week, a pandemic-era low.</p>\n<p>With China's economy growing at a record 18.3% in the first quarter compared with last year and Germany’s government recently raising its growth forecast for Europe's largest economy to 3.5% from 3%, optimism is steadily growing that global oil demand can climb back to pre-pandemic levels in a short time.</p>\n<p>Earlier this week technical experts from the Organization of Petroleum Exporting Countries saw demand climbing by 6 million barrels a day this year, while influential investment bank Goldman Sachs (NYSE:GS) expects global oil demand to realize the biggest jump ever over the next six months, as prices climb to around $80 a barrel.</p>\n<p>Sentiment in the sector has also been helped by Europe's major energy companies reporting big increases in first-quarter earnings, putting the worst of the pandemic-driven slump in fuel demand behind them.</p>\n<p>With benchmark oil prices recovering from an April 2020 low of $16 a barrel, most of the companies managed to drive profits back above levels seen before the coronavirus pandemic first struck.</p>\n<p>Adding to the good news, the weekly EIA report showed some continued positive signals when it comes to U.S. demand, with refinery utilization at the highest level since March of last year.</p>\n<p>“Refined products consumption also improved, with implied demand for total products increasing by 1.63MMbbls/d, leaving demand at the highest level since mid-February,” ING analysts said, in a note.</p>\n<p>The one fly in the ointment is the increase in Covid cases in parts of the world that haven’t instituted successful vaccination programs, particularly in India.</p>\n<p>“While demand appears to be trending in the right direction in the US, there are still clear concerns over the impact that the surge in Covid-19 cases in India is having on fuel demand,” ING added.</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":"1100121693","content_text":"Crude oil prices traded higher Thursday, climbing to their highest levels in seven weeks, boosted by further signs of a global economic recovery, particularly in the U.S., the world's largest consumer of oil.\nBy 9:45 AM ET (1445 GMT),U.S. crudefutures traded 2% higher at $65.14 a barrel, while the international benchmarkBrentcontract rose 2% to $68.12.\nU.S. Gasoline RBOB Futures were up 1.5% at $2.1069 a gallon.\nThe U.S. economy strengthened in the first quarter of 2021 at a faster rate than expected, as Covid-19-related lockdowns started to ease.Gross domestic productgrew at an annualized rate of 6.4% in the first quarter, up from 4.3% in the fourth quarter of 2020 and faster than consensus forecasts of 6.1%.\nThis report detailed the strongest first quarter growth since 1984, with total economic output now less than 1% below the pre-pandemic GDP peak.\nA separate report from the Labor Department showed that another 553,000 Americans filed first-timejobless claimslast week, a pandemic-era low.\nWith China's economy growing at a record 18.3% in the first quarter compared with last year and Germany’s government recently raising its growth forecast for Europe's largest economy to 3.5% from 3%, optimism is steadily growing that global oil demand can climb back to pre-pandemic levels in a short time.\nEarlier this week technical experts from the Organization of Petroleum Exporting Countries saw demand climbing by 6 million barrels a day this year, while influential investment bank Goldman Sachs (NYSE:GS) expects global oil demand to realize the biggest jump ever over the next six months, as prices climb to around $80 a barrel.\nSentiment in the sector has also been helped by Europe's major energy companies reporting big increases in first-quarter earnings, putting the worst of the pandemic-driven slump in fuel demand behind them.\nWith benchmark oil prices recovering from an April 2020 low of $16 a barrel, most of the companies managed to drive profits back above levels seen before the coronavirus pandemic first struck.\nAdding to the good news, the weekly EIA report showed some continued positive signals when it comes to U.S. demand, with refinery utilization at the highest level since March of last year.\n“Refined products consumption also improved, with implied demand for total products increasing by 1.63MMbbls/d, leaving demand at the highest level since mid-February,” ING analysts said, in a note.\nThe one fly in the ointment is the increase in Covid cases in parts of the world that haven’t instituted successful vaccination programs, particularly in India.\n“While demand appears to be trending in the right direction in the US, there are still clear concerns over the impact that the surge in Covid-19 cases in India is having on fuel demand,” ING added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100577050,"gmtCreate":1619625233670,"gmtModify":1704727066515,"author":{"id":"3579688364784743","authorId":"3579688364784743","name":"AckermanBR","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579688364784743","authorIdStr":"3579688364784743"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/100577050","repostId":"1131068131","repostType":4,"repost":{"id":"1131068131","kind":"news","pubTimestamp":1619586637,"share":"https://ttm.financial/m/news/1131068131?lang=&edition=fundamental","pubTime":"2021-04-28 13:10","market":"us","language":"en","title":"Facebook Reports Earnings Wednesday. Here Is What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1131068131","media":"Barrons","summary":"Despite controversy, economic damage to online ads amid Covid-19 pandemic-related economic turmoil, ","content":"<p>Despite controversy, economic damage to online ads amid Covid-19 pandemic-related economic turmoil, and antitrust scrutiny, Facebook is expected to report another blockbuster quarter Wednesday.</p>\n<p>As demonstrated by powerful results last week from Snapchat maker Snap (ticker: SNAP), digital advertising is coming back, fast. Facebook (FB) stands to make even more money than Snap. Analysts expect a net profit of nearly $7 billion, which amounts to $2.61 a share, when Facebook reports results after the closing bell Wednesday.</p>\n<p>Including sales of its virtual reality hardware, and other devices—which are expected contribute to the estimated $452 million to the “Other” revenue segment—Facebook revenue is expected to rise roughly 33% to $23.71 billion. The ad business will contribute revenue of $23.29 billion.</p>\n<p>Facebook is expected to grow its user base by tens of millions as well. Analysts forecast its daily member count will rise to 1.87 billion, and monthly user base will top 2.83 billion. Its monthly user base is expected to reach almost 3 billion (2.99 billion) by the end of the year.</p>\n<p>Beyond advertising, BMO Capital Markets analyst Daniel Salmon wrote in a research note that commerce and shopping are becoming more important for Facebook’s success.</p>\n<p>In March, Facebook chief executive Mark Zuckerberg said there were one million Facebook Shops, and 250 million visitors. Salmon said that if the company discloses the gross merchandise volume, it could help cement the importance to investors of Facebook’s commerce initiatives. Salmon acknowledged that such as disclosure wasn’t likely.</p>\n<p>Investors have been wondering for months about the impact of a change to Apple‘s mobile operating system tech, which finally rolled out this week.</p>\n<p>On Monday, in an update to its iOS operating system,Apple changed its software to ask iPhone and iPad users to opt in to an app’s tracking—a significant departure from the opt out ability buried in the operating system’s settings previously.</p>\n<p>Zuckerberg and Apple (APPL) CEO Tim Cook have sparred over the issue for months. With just over a day’s worth of data, it seems unlikely Facebook will share details about the impact on its users. Previously developers have said it will hurt advertising targeting, and therefore damage ad revenue. It isn’t yet clear exactly what Apple users will do when presented with the choice, or the effectiveness of potential workarounds built by Facebook and others.</p>\n<p>BofA Securities analyst Justin Post wrote that he expects a “modest, low-single digit” impact on advertising spending on the platform since Facebook has had “ample time to prepare and develop workarounds.”</p>\n<p>Facebook finance chief David Wehner has discussed the potential impact on the business in past conference calls, and investors should pay close attention to any updates offered Wednesday. It’s worth noting that Zuckerberg took a less cautious tone in March, saying that he was confident the company will handle the situation. There is also the potential it could positively benefit the company, the CEO said.</p>\n<p>Of the analysts that cover Facebook, 49 rate the stock Buy, six have a Hold, and three rate it a Sell. The average target price is $339, which implies an upside of 12%.</p>\n<p>Barron’s took a positive view of Facebook stock earlier this month. Shares have climbed 2% since the cover story in the April 5 issue, as the S&P 500 index rose 4.1%. Facebook gained 0.7% to $305.02 in Tuesday afternoon trading.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Reports Earnings Wednesday. Here Is What to Expect.</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\">\nFacebook Reports Earnings Wednesday. Here Is What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 13:10 GMT+8 <a href=https://www.barrons.com/articles/facebook-reports-earnings-wednesday-here-is-what-to-expect-51619550329?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite controversy, economic damage to online ads amid Covid-19 pandemic-related economic turmoil, and antitrust scrutiny, Facebook is expected to report another blockbuster quarter Wednesday.\nAs ...</p>\n\n<a href=\"https://www.barrons.com/articles/facebook-reports-earnings-wednesday-here-is-what-to-expect-51619550329?mod=RTA\">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.barrons.com/articles/facebook-reports-earnings-wednesday-here-is-what-to-expect-51619550329?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131068131","content_text":"Despite controversy, economic damage to online ads amid Covid-19 pandemic-related economic turmoil, and antitrust scrutiny, Facebook is expected to report another blockbuster quarter Wednesday.\nAs demonstrated by powerful results last week from Snapchat maker Snap (ticker: SNAP), digital advertising is coming back, fast. Facebook (FB) stands to make even more money than Snap. Analysts expect a net profit of nearly $7 billion, which amounts to $2.61 a share, when Facebook reports results after the closing bell Wednesday.\nIncluding sales of its virtual reality hardware, and other devices—which are expected contribute to the estimated $452 million to the “Other” revenue segment—Facebook revenue is expected to rise roughly 33% to $23.71 billion. The ad business will contribute revenue of $23.29 billion.\nFacebook is expected to grow its user base by tens of millions as well. Analysts forecast its daily member count will rise to 1.87 billion, and monthly user base will top 2.83 billion. Its monthly user base is expected to reach almost 3 billion (2.99 billion) by the end of the year.\nBeyond advertising, BMO Capital Markets analyst Daniel Salmon wrote in a research note that commerce and shopping are becoming more important for Facebook’s success.\nIn March, Facebook chief executive Mark Zuckerberg said there were one million Facebook Shops, and 250 million visitors. Salmon said that if the company discloses the gross merchandise volume, it could help cement the importance to investors of Facebook’s commerce initiatives. Salmon acknowledged that such as disclosure wasn’t likely.\nInvestors have been wondering for months about the impact of a change to Apple‘s mobile operating system tech, which finally rolled out this week.\nOn Monday, in an update to its iOS operating system,Apple changed its software to ask iPhone and iPad users to opt in to an app’s tracking—a significant departure from the opt out ability buried in the operating system’s settings previously.\nZuckerberg and Apple (APPL) CEO Tim Cook have sparred over the issue for months. With just over a day’s worth of data, it seems unlikely Facebook will share details about the impact on its users. Previously developers have said it will hurt advertising targeting, and therefore damage ad revenue. It isn’t yet clear exactly what Apple users will do when presented with the choice, or the effectiveness of potential workarounds built by Facebook and others.\nBofA Securities analyst Justin Post wrote that he expects a “modest, low-single digit” impact on advertising spending on the platform since Facebook has had “ample time to prepare and develop workarounds.”\nFacebook finance chief David Wehner has discussed the potential impact on the business in past conference calls, and investors should pay close attention to any updates offered Wednesday. It’s worth noting that Zuckerberg took a less cautious tone in March, saying that he was confident the company will handle the situation. There is also the potential it could positively benefit the company, the CEO said.\nOf the analysts that cover Facebook, 49 rate the stock Buy, six have a Hold, and three rate it a Sell. The average target price is $339, which implies an upside of 12%.\nBarron’s took a positive view of Facebook stock earlier this month. Shares have climbed 2% since the cover story in the April 5 issue, as the S&P 500 index rose 4.1%. Facebook gained 0.7% to $305.02 in Tuesday afternoon trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
