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KaushalAmin

KaushalAmin

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01-16

Go goo gooo

01-08

💎 hand will hold it ! For long or DCA when get chance

Quantum Computing Stocks Tumble as Nvidia CEO Sees Use Years Away; Rigetti Down 41%; QUBT Drops 38%

2024-09-24

$Intel(INTC)$ My price will be around $24.40

2024-07-01

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China Gauge Shows Factory Activity Expansion in June

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For long or DCA when get chance","listText":"&nbsp;💎 hand will hold it ! For long or DCA when get chance","text":"💎 hand will hold it ! For long or DCA when get chance","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/390397585346576","repostId":"1154525879","repostType":2,"repost":{"id":"1154525879","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":1736347500,"share":"https://ttm.financial/m/news/1154525879?lang=&edition=fundamental","pubTime":"2025-01-08 22:45","market":"us","language":"en","title":"Quantum Computing Stocks Tumble as Nvidia CEO Sees Use Years Away; Rigetti Down 41%; QUBT Drops 38%","url":"https://stock-news.laohu8.com/highlight/detail?id=1154525879","media":"Tiger Newspress","summary":"Quantum computing stocks fell in premarket trading on Wednesday after Nvidia Corp. Chief Executive Officer Jensen Huang said “very useful” quantum computers are likely decades away.QUBT fell 18%; Rigetti Computing, QMCO fell 16%; D-Wave Quantum fell 15%; IONQ fell 11%.“If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it’s probably on the late side,” Huang said in a question-and-answer session during Nvidia’s analyst day. “I","content":"<html><head></head><body><p>Quantum computing stocks fell in Wednesday trading after Nvidia Corp. Chief Executive Officer Jensen Huang said “very useful” quantum computers are likely decades away.</p><p style=\"text-align: left;\">Rigetti Computing fell 41%; D-Wave Quantum fell 40%; QUBT fell 38%; IONQ fell 36%; QMCO fell 31%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ecbbcd8e249e9b02279db0402ec1a437\" tg-width=\"395\" tg-height=\"242\"/></p><p>“If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it’s probably on the late side,” Huang said in a question-and-answer session during Nvidia’s analyst day. “If you picked 20, I think a whole bunch of us would believe it.”</p><p>The stocks have soared in recent months amid excitement about the potential of the technology, which was heightened last month following a quantum computing breakthrough by Alphabet Inc.</p><p style=\"text-align: start;\">Quantum Computing shares had gained more than 1,800% over the past 12 months to $17.49 through Tuesday’s close. Rigetti rose more than 1,500% to $18.39 over the same span while D-Wave advanced nearly 1,000% to $9.55 and IonQ more than 300% to $49.59.</p><p></p><p style=\"text-align: left;\"></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Quantum Computing Stocks Tumble as Nvidia CEO Sees Use Years Away; Rigetti Down 41%; QUBT Drops 38%</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\">\nQuantum Computing Stocks Tumble as Nvidia CEO Sees Use Years Away; Rigetti Down 41%; QUBT Drops 38%\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\">2025-01-08 22:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Quantum computing stocks fell in Wednesday trading after Nvidia Corp. Chief Executive Officer Jensen Huang said “very useful” quantum computers are likely decades away.</p><p style=\"text-align: left;\">Rigetti Computing fell 41%; D-Wave Quantum fell 40%; QUBT fell 38%; IONQ fell 36%; QMCO fell 31%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ecbbcd8e249e9b02279db0402ec1a437\" tg-width=\"395\" tg-height=\"242\"/></p><p>“If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it’s probably on the late side,” Huang said in a question-and-answer session during Nvidia’s analyst day. “If you picked 20, I think a whole bunch of us would believe it.”</p><p>The stocks have soared in recent months amid excitement about the potential of the technology, which was heightened last month following a quantum computing breakthrough by Alphabet Inc.</p><p style=\"text-align: start;\">Quantum Computing shares had gained more than 1,800% over the past 12 months to $17.49 through Tuesday’s close. Rigetti rose more than 1,500% to $18.39 over the same span while D-Wave advanced nearly 1,000% to $9.55 and IonQ more than 300% to $49.59.</p><p></p><p style=\"text-align: left;\"></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QMCO":"昆腾","ARQQ":"Arqit Quantum Inc.","QBTS":"D-Wave Quantum Inc.","QUBT":"Quantum Computing Inc.","RGTI":"Rigetti Computing","IONQ":"IONQ Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154525879","content_text":"Quantum computing stocks fell in Wednesday trading after Nvidia Corp. Chief Executive Officer Jensen Huang said “very useful” quantum computers are likely decades away.Rigetti Computing fell 41%; D-Wave Quantum fell 40%; QUBT fell 38%; IONQ fell 36%; QMCO fell 31%.“If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it’s probably on the late side,” Huang said in a question-and-answer session during Nvidia’s analyst day. “If you picked 20, I think a whole bunch of us would believe it.”The stocks have soared in recent months amid excitement about the potential of the technology, which was heightened last month following a quantum computing breakthrough by Alphabet Inc.Quantum Computing shares had gained more than 1,800% over the past 12 months to $17.49 through Tuesday’s close. Rigetti rose more than 1,500% to $18.39 over the same span while D-Wave advanced nearly 1,000% to $9.55 and IonQ more than 300% to $49.59.","news_type":1},"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352946004099288,"gmtCreate":1727177646035,"gmtModify":1727182167812,"author":{"id":"4106854033807030","authorId":"4106854033807030","name":"KaushalAmin","avatar":"https://community-static.tradeup.com/news/7501edbc4a216289099e493a5251bf9f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4106854033807030","idStr":"4106854033807030"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$</a> My price will be around $24.40&nbsp;","listText":"<a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$</a> My price will be around $24.40&nbsp;","text":"$Intel(INTC)$ My price will be around $24.40","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/352946004099288","isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322656335831048,"gmtCreate":1719803751349,"gmtModify":1719803790721,"author":{"id":"4106854033807030","authorId":"4106854033807030","name":"KaushalAmin","avatar":"https://community-static.tradeup.com/news/7501edbc4a216289099e493a5251bf9f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4106854033807030","idStr":"4106854033807030"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322656335831048","repostId":"2448939145","repostType":2,"repost":{"id":"2448939145","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":1719802197,"share":"https://ttm.financial/m/news/2448939145?lang=&edition=fundamental","pubTime":"2024-07-01 10:49","market":"sh","language":"en","title":"China Gauge Shows Factory Activity Expansion in June","url":"https://stock-news.laohu8.com/highlight/detail?id=2448939145","media":"Dow Jones","summary":"A private gauge showed China's factory activity expanded at a faster rate in June, contrasting with the official index remaining in contractionary territory.The China Caixin manufacturing purchasing managers index rose to 51.8 in June from 51.7 in May, the highest reading since June 2021, according to data released Monday by Caixin Media Co. and S&P Global.The reading stayed above the 50 mark separating activity expansion from contraction for an eighth consecutive month. That pointed in a different direction than the competing official gauge, which remained unchanged at 49.5 in June. Compared with the official index, the Caixin PMI tracks smaller and private companies more closely.Both supply and demand continued to improve in June, with the pace of manufacturing output growth accelerating for five straight months and the production subindex hitting a two-year high, according to Caixin.While the employment subindex remained in contractionary territory for the 10th straight month, it sh","content":"<html><head></head><body><p>A private gauge showed China&#39;s factory activity expanded at a faster rate in June, contrasting with the official index remaining in contractionary territory.</p><p>The China Caixin manufacturing purchasing managers index rose to 51.8 in June from 51.7 in May, the highest reading since June 2021, according to data released Monday by Caixin Media Co. and S&amp;P Global.</p><p>The reading stayed above the 50 mark separating activity expansion from contraction for an eighth consecutive month. That pointed in a different direction than the competing official gauge, which remained unchanged at 49.5 in June. Compared with the official index, the Caixin PMI tracks smaller and private companies more closely.</p><p>Both supply and demand continued to improve in June, with the pace of manufacturing output growth accelerating for five straight months and the production subindex hitting a two-year high, according to Caixin.</p><p>The gauge for total new orders remained in expansionary territory for the 11th consecutive month, with demand for consumer and intermediate goods stronger than that for investment goods, said Wang Zhe, an economist at Caixin Insights Group. Meanwhile, exports grew at the slowest pace in six months, pointing to weaker overseas demand, Wang said.</p><p>While the employment subindex remained in contractionary territory for the 10th straight month, it showed signs of a stabilizing job market in June, suggesting that the number of companies hiring workers was roughly equal to those shrinking their workforce, according to Caixin.</p><p>&#34;The employment picture was better at companies making consumer and intermediate goods than at those producing investment products,&#34; Wang said.</p><p>Higher prices of raw materials such as steel, copper and aluminum, as well as rising freight costs, pushed up input costs, causing the corresponding gauge to hit its highest in two years, according to Caixin. This helped output prices edge up in June, sending the indicator into expansionary territory for the first time this year, Caixin said.</p><p>Despite the upbeat figures, however, company executives have grown less optimistic due to worries around the state of the economy and intense market competition. While the gauge for future output expectations remained in positive territory, it fell to the lowest level since November 2019, according to Caixin.</p><p>Looking ahead, Caixin&#39;s Wang said insufficient market confidence and effective demand remain key challenges and more policy support would be needed.</p><p>&#34;Efforts in optimizing real estate regulations, upgrading equipment on a large scale, replacing old consumer goods, and the &#39;three major projects&#39;--those involving affordable housing, urban village renovation, and dual-use public facilities that can be used for everyday and emergency purposes--need to be strengthened,&#34; Wang said.</p><p>&#34;Fiscal and tax reforms should focus on creating more optimistic expectations among market participants,&#34; Wang added.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Gauge Shows Factory Activity Expansion in June</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\">\nChina Gauge Shows Factory Activity Expansion in June\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\">2024-07-01 10:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>A private gauge showed China&#39;s factory activity expanded at a faster rate in June, contrasting with the official index remaining in contractionary territory.</p><p>The China Caixin manufacturing purchasing managers index rose to 51.8 in June from 51.7 in May, the highest reading since June 2021, according to data released Monday by Caixin Media Co. and S&amp;P Global.</p><p>The reading stayed above the 50 mark separating activity expansion from contraction for an eighth consecutive month. That pointed in a different direction than the competing official gauge, which remained unchanged at 49.5 in June. Compared with the official index, the Caixin PMI tracks smaller and private companies more closely.</p><p>Both supply and demand continued to improve in June, with the pace of manufacturing output growth accelerating for five straight months and the production subindex hitting a two-year high, according to Caixin.</p><p>The gauge for total new orders remained in expansionary territory for the 11th consecutive month, with demand for consumer and intermediate goods stronger than that for investment goods, said Wang Zhe, an economist at Caixin Insights Group. Meanwhile, exports grew at the slowest pace in six months, pointing to weaker overseas demand, Wang said.</p><p>While the employment subindex remained in contractionary territory for the 10th straight month, it showed signs of a stabilizing job market in June, suggesting that the number of companies hiring workers was roughly equal to those shrinking their workforce, according to Caixin.</p><p>&#34;The employment picture was better at companies making consumer and intermediate goods than at those producing investment products,&#34; Wang said.</p><p>Higher prices of raw materials such as steel, copper and aluminum, as well as rising freight costs, pushed up input costs, causing the corresponding gauge to hit its highest in two years, according to Caixin. This helped output prices edge up in June, sending the indicator into expansionary territory for the first time this year, Caixin said.</p><p>Despite the upbeat figures, however, company executives have grown less optimistic due to worries around the state of the economy and intense market competition. While the gauge for future output expectations remained in positive territory, it fell to the lowest level since November 2019, according to Caixin.</p><p>Looking ahead, Caixin&#39;s Wang said insufficient market confidence and effective demand remain key challenges and more policy support would be needed.</p><p>&#34;Efforts in optimizing real estate regulations, upgrading equipment on a large scale, replacing old consumer goods, and the &#39;three major projects&#39;--those involving affordable housing, urban village renovation, and dual-use public facilities that can be used for everyday and emergency purposes--need to be strengthened,&#34; Wang said.</p><p>&#34;Fiscal and tax reforms should focus on creating more optimistic expectations among market participants,&#34; Wang added.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2448939145","content_text":"A private gauge showed China's factory activity expanded at a faster rate in June, contrasting with the official index remaining in contractionary territory.The China Caixin manufacturing purchasing managers index rose to 51.8 in June from 51.7 in May, the highest reading since June 2021, according to data released Monday by Caixin Media Co. and S&P Global.The reading stayed above the 50 mark separating activity expansion from contraction for an eighth consecutive month. That pointed in a different direction than the competing official gauge, which remained unchanged at 49.5 in June. Compared with the official index, the Caixin PMI tracks smaller and private companies more closely.Both supply and demand continued to improve in June, with the pace of manufacturing output growth accelerating for five straight months and the production subindex hitting a two-year high, according to Caixin.The gauge for total new orders remained in expansionary territory for the 11th consecutive month, with demand for consumer and intermediate goods stronger than that for investment goods, said Wang Zhe, an economist at Caixin Insights Group. Meanwhile, exports grew at the slowest pace in six months, pointing to weaker overseas demand, Wang said.While the employment subindex remained in contractionary territory for the 10th straight month, it showed signs of a stabilizing job market in June, suggesting that the number of companies hiring workers was roughly equal to those shrinking their workforce, according to Caixin.\"The employment picture was better at companies making consumer and intermediate goods than at those producing investment products,\" Wang said.Higher prices of raw materials such as steel, copper and aluminum, as well as rising freight costs, pushed up input costs, causing the corresponding gauge to hit its highest in two years, according to Caixin. This helped output prices edge up in June, sending the indicator into expansionary territory for the first time this year, Caixin said.Despite the upbeat figures, however, company executives have grown less optimistic due to worries around the state of the economy and intense market competition. While the gauge for future output expectations remained in positive territory, it fell to the lowest level since November 2019, according to Caixin.Looking ahead, Caixin's Wang said insufficient market confidence and effective demand remain key challenges and more policy support would be needed.\"Efforts in optimizing real estate regulations, upgrading equipment on a large scale, replacing old consumer goods, and the 'three major projects'--those involving affordable housing, urban village renovation, and dual-use public facilities that can be used for everyday and emergency purposes--need to be strengthened,\" Wang said.\"Fiscal and tax reforms should focus on creating more optimistic expectations among market participants,\" Wang added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":352946004099288,"gmtCreate":1727177646035,"gmtModify":1727182167812,"author":{"id":"4106854033807030","authorId":"4106854033807030","name":"KaushalAmin","avatar":"https://community-static.tradeup.com/news/7501edbc4a216289099e493a5251bf9f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106854033807030","authorIdStr":"4106854033807030"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$</a> My price will be around $24.40&nbsp;","listText":"<a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$</a> My price will be around $24.40&nbsp;","text":"$Intel(INTC)$ My price will be around $24.40","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/352946004099288","isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":390397585346576,"gmtCreate":1736330324790,"gmtModify":1736332932783,"author":{"id":"4106854033807030","authorId":"4106854033807030","name":"KaushalAmin","avatar":"https://community-static.tradeup.com/news/7501edbc4a216289099e493a5251bf9f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106854033807030","authorIdStr":"4106854033807030"},"themes":[],"htmlText":"&nbsp;💎 hand will hold it ! For long or DCA when get chance","listText":"&nbsp;💎 hand will hold it ! For long or DCA when get chance","text":"💎 hand will hold it ! For long or DCA when get chance","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/390397585346576","repostId":"1154525879","repostType":2,"repost":{"id":"1154525879","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":1736347500,"share":"https://ttm.financial/m/news/1154525879?lang=&edition=fundamental","pubTime":"2025-01-08 22:45","market":"us","language":"en","title":"Quantum Computing Stocks Tumble as Nvidia CEO Sees Use Years Away; Rigetti Down 41%; QUBT Drops 38%","url":"https://stock-news.laohu8.com/highlight/detail?id=1154525879","media":"Tiger Newspress","summary":"Quantum computing stocks fell in premarket trading on Wednesday after Nvidia Corp. Chief Executive Officer Jensen Huang said “very useful” quantum computers are likely decades away.QUBT fell 18%; Rigetti Computing, QMCO fell 16%; D-Wave Quantum fell 15%; IONQ fell 11%.“If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it’s probably on the late side,” Huang said in a question-and-answer session during Nvidia’s analyst day. “I","content":"<html><head></head><body><p>Quantum computing stocks fell in Wednesday trading after Nvidia Corp. Chief Executive Officer Jensen Huang said “very useful” quantum computers are likely decades away.</p><p style=\"text-align: left;\">Rigetti Computing fell 41%; D-Wave Quantum fell 40%; QUBT fell 38%; IONQ fell 36%; QMCO fell 31%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ecbbcd8e249e9b02279db0402ec1a437\" tg-width=\"395\" tg-height=\"242\"/></p><p>“If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it’s probably on the late side,” Huang said in a question-and-answer session during Nvidia’s analyst day. “If you picked 20, I think a whole bunch of us would believe it.”</p><p>The stocks have soared in recent months amid excitement about the potential of the technology, which was heightened last month following a quantum computing breakthrough by Alphabet Inc.</p><p style=\"text-align: start;\">Quantum Computing shares had gained more than 1,800% over the past 12 months to $17.49 through Tuesday’s close. Rigetti rose more than 1,500% to $18.39 over the same span while D-Wave advanced nearly 1,000% to $9.55 and IonQ more than 300% to $49.59.</p><p></p><p style=\"text-align: left;\"></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Quantum Computing Stocks Tumble as Nvidia CEO Sees Use Years Away; Rigetti Down 41%; QUBT Drops 38%</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\">\nQuantum Computing Stocks Tumble as Nvidia CEO Sees Use Years Away; Rigetti Down 41%; QUBT Drops 38%\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\">2025-01-08 22:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Quantum computing stocks fell in Wednesday trading after Nvidia Corp. Chief Executive Officer Jensen Huang said “very useful” quantum computers are likely decades away.</p><p style=\"text-align: left;\">Rigetti Computing fell 41%; D-Wave Quantum fell 40%; QUBT fell 38%; IONQ fell 36%; QMCO fell 31%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ecbbcd8e249e9b02279db0402ec1a437\" tg-width=\"395\" tg-height=\"242\"/></p><p>“If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it’s probably on the late side,” Huang said in a question-and-answer session during Nvidia’s analyst day. “If you picked 20, I think a whole bunch of us would believe it.”</p><p>The stocks have soared in recent months amid excitement about the potential of the technology, which was heightened last month following a quantum computing breakthrough by Alphabet Inc.</p><p style=\"text-align: start;\">Quantum Computing shares had gained more than 1,800% over the past 12 months to $17.49 through Tuesday’s close. Rigetti rose more than 1,500% to $18.39 over the same span while D-Wave advanced nearly 1,000% to $9.55 and IonQ more than 300% to $49.59.</p><p></p><p style=\"text-align: left;\"></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QMCO":"昆腾","ARQQ":"Arqit Quantum Inc.","QBTS":"D-Wave Quantum Inc.","QUBT":"Quantum Computing Inc.","RGTI":"Rigetti Computing","IONQ":"IONQ Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154525879","content_text":"Quantum computing stocks fell in Wednesday trading after Nvidia Corp. Chief Executive Officer Jensen Huang said “very useful” quantum computers are likely decades away.Rigetti Computing fell 41%; D-Wave Quantum fell 40%; QUBT fell 38%; IONQ fell 36%; QMCO fell 31%.“If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it’s probably on the late side,” Huang said in a question-and-answer session during Nvidia’s analyst day. “If you picked 20, I think a whole bunch of us would believe it.”The stocks have soared in recent months amid excitement about the potential of the technology, which was heightened last month following a quantum computing breakthrough by Alphabet Inc.Quantum Computing shares had gained more than 1,800% over the past 12 months to $17.49 through Tuesday’s close. Rigetti rose more than 1,500% to $18.39 over the same span while D-Wave advanced nearly 1,000% to $9.55 and IonQ more than 300% to $49.59.","news_type":1},"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":393072158245088,"gmtCreate":1736989533706,"gmtModify":1736992709327,"author":{"id":"4106854033807030","authorId":"4106854033807030","name":"KaushalAmin","avatar":"https://community-static.tradeup.com/news/7501edbc4a216289099e493a5251bf9f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106854033807030","authorIdStr":"4106854033807030"},"themes":[],"title":"Go goo gooo","htmlText":"","listText":"","text":"","images":[{"img":"https://community-static.tradeup.com/news/b319acd4f46229cee3728a5b62634f72","width":"1054","height":"1600"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/393072158245088","isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":322656335831048,"gmtCreate":1719803751349,"gmtModify":1719803790721,"author":{"id":"4106854033807030","authorId":"4106854033807030","name":"KaushalAmin","avatar":"https://community-static.tradeup.com/news/7501edbc4a216289099e493a5251bf9f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4106854033807030","authorIdStr":"4106854033807030"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322656335831048","repostId":"2448939145","repostType":2,"repost":{"id":"2448939145","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":1719802197,"share":"https://ttm.financial/m/news/2448939145?lang=&edition=fundamental","pubTime":"2024-07-01 10:49","market":"sh","language":"en","title":"China Gauge Shows Factory Activity Expansion in June","url":"https://stock-news.laohu8.com/highlight/detail?id=2448939145","media":"Dow Jones","summary":"A private gauge showed China's factory activity expanded at a faster rate in June, contrasting with the official index remaining in contractionary territory.The China Caixin manufacturing purchasing managers index rose to 51.8 in June from 51.7 in May, the highest reading since June 2021, according to data released Monday by Caixin Media Co. and S&P Global.The reading stayed above the 50 mark separating activity expansion from contraction for an eighth consecutive month. That pointed in a different direction than the competing official gauge, which remained unchanged at 49.5 in June. Compared with the official index, the Caixin PMI tracks smaller and private companies more closely.Both supply and demand continued to improve in June, with the pace of manufacturing output growth accelerating for five straight months and the production subindex hitting a two-year high, according to Caixin.While the employment subindex remained in contractionary territory for the 10th straight month, it sh","content":"<html><head></head><body><p>A private gauge showed China&#39;s factory activity expanded at a faster rate in June, contrasting with the official index remaining in contractionary territory.</p><p>The China Caixin manufacturing purchasing managers index rose to 51.8 in June from 51.7 in May, the highest reading since June 2021, according to data released Monday by Caixin Media Co. and S&amp;P Global.</p><p>The reading stayed above the 50 mark separating activity expansion from contraction for an eighth consecutive month. That pointed in a different direction than the competing official gauge, which remained unchanged at 49.5 in June. Compared with the official index, the Caixin PMI tracks smaller and private companies more closely.</p><p>Both supply and demand continued to improve in June, with the pace of manufacturing output growth accelerating for five straight months and the production subindex hitting a two-year high, according to Caixin.</p><p>The gauge for total new orders remained in expansionary territory for the 11th consecutive month, with demand for consumer and intermediate goods stronger than that for investment goods, said Wang Zhe, an economist at Caixin Insights Group. Meanwhile, exports grew at the slowest pace in six months, pointing to weaker overseas demand, Wang said.</p><p>While the employment subindex remained in contractionary territory for the 10th straight month, it showed signs of a stabilizing job market in June, suggesting that the number of companies hiring workers was roughly equal to those shrinking their workforce, according to Caixin.</p><p>&#34;The employment picture was better at companies making consumer and intermediate goods than at those producing investment products,&#34; Wang said.</p><p>Higher prices of raw materials such as steel, copper and aluminum, as well as rising freight costs, pushed up input costs, causing the corresponding gauge to hit its highest in two years, according to Caixin. This helped output prices edge up in June, sending the indicator into expansionary territory for the first time this year, Caixin said.</p><p>Despite the upbeat figures, however, company executives have grown less optimistic due to worries around the state of the economy and intense market competition. While the gauge for future output expectations remained in positive territory, it fell to the lowest level since November 2019, according to Caixin.</p><p>Looking ahead, Caixin&#39;s Wang said insufficient market confidence and effective demand remain key challenges and more policy support would be needed.</p><p>&#34;Efforts in optimizing real estate regulations, upgrading equipment on a large scale, replacing old consumer goods, and the &#39;three major projects&#39;--those involving affordable housing, urban village renovation, and dual-use public facilities that can be used for everyday and emergency purposes--need to be strengthened,&#34; Wang said.</p><p>&#34;Fiscal and tax reforms should focus on creating more optimistic expectations among market participants,&#34; Wang added.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Gauge Shows Factory Activity Expansion in June</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\">\nChina Gauge Shows Factory Activity Expansion in June\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\">2024-07-01 10:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>A private gauge showed China&#39;s factory activity expanded at a faster rate in June, contrasting with the official index remaining in contractionary territory.</p><p>The China Caixin manufacturing purchasing managers index rose to 51.8 in June from 51.7 in May, the highest reading since June 2021, according to data released Monday by Caixin Media Co. and S&amp;P Global.</p><p>The reading stayed above the 50 mark separating activity expansion from contraction for an eighth consecutive month. That pointed in a different direction than the competing official gauge, which remained unchanged at 49.5 in June. Compared with the official index, the Caixin PMI tracks smaller and private companies more closely.</p><p>Both supply and demand continued to improve in June, with the pace of manufacturing output growth accelerating for five straight months and the production subindex hitting a two-year high, according to Caixin.</p><p>The gauge for total new orders remained in expansionary territory for the 11th consecutive month, with demand for consumer and intermediate goods stronger than that for investment goods, said Wang Zhe, an economist at Caixin Insights Group. Meanwhile, exports grew at the slowest pace in six months, pointing to weaker overseas demand, Wang said.</p><p>While the employment subindex remained in contractionary territory for the 10th straight month, it showed signs of a stabilizing job market in June, suggesting that the number of companies hiring workers was roughly equal to those shrinking their workforce, according to Caixin.</p><p>&#34;The employment picture was better at companies making consumer and intermediate goods than at those producing investment products,&#34; Wang said.</p><p>Higher prices of raw materials such as steel, copper and aluminum, as well as rising freight costs, pushed up input costs, causing the corresponding gauge to hit its highest in two years, according to Caixin. This helped output prices edge up in June, sending the indicator into expansionary territory for the first time this year, Caixin said.</p><p>Despite the upbeat figures, however, company executives have grown less optimistic due to worries around the state of the economy and intense market competition. While the gauge for future output expectations remained in positive territory, it fell to the lowest level since November 2019, according to Caixin.</p><p>Looking ahead, Caixin&#39;s Wang said insufficient market confidence and effective demand remain key challenges and more policy support would be needed.</p><p>&#34;Efforts in optimizing real estate regulations, upgrading equipment on a large scale, replacing old consumer goods, and the &#39;three major projects&#39;--those involving affordable housing, urban village renovation, and dual-use public facilities that can be used for everyday and emergency purposes--need to be strengthened,&#34; Wang said.</p><p>&#34;Fiscal and tax reforms should focus on creating more optimistic expectations among market participants,&#34; Wang added.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2448939145","content_text":"A private gauge showed China's factory activity expanded at a faster rate in June, contrasting with the official index remaining in contractionary territory.The China Caixin manufacturing purchasing managers index rose to 51.8 in June from 51.7 in May, the highest reading since June 2021, according to data released Monday by Caixin Media Co. and S&P Global.The reading stayed above the 50 mark separating activity expansion from contraction for an eighth consecutive month. That pointed in a different direction than the competing official gauge, which remained unchanged at 49.5 in June. Compared with the official index, the Caixin PMI tracks smaller and private companies more closely.Both supply and demand continued to improve in June, with the pace of manufacturing output growth accelerating for five straight months and the production subindex hitting a two-year high, according to Caixin.The gauge for total new orders remained in expansionary territory for the 11th consecutive month, with demand for consumer and intermediate goods stronger than that for investment goods, said Wang Zhe, an economist at Caixin Insights Group. Meanwhile, exports grew at the slowest pace in six months, pointing to weaker overseas demand, Wang said.While the employment subindex remained in contractionary territory for the 10th straight month, it showed signs of a stabilizing job market in June, suggesting that the number of companies hiring workers was roughly equal to those shrinking their workforce, according to Caixin.\"The employment picture was better at companies making consumer and intermediate goods than at those producing investment products,\" Wang said.Higher prices of raw materials such as steel, copper and aluminum, as well as rising freight costs, pushed up input costs, causing the corresponding gauge to hit its highest in two years, according to Caixin. This helped output prices edge up in June, sending the indicator into expansionary territory for the first time this year, Caixin said.Despite the upbeat figures, however, company executives have grown less optimistic due to worries around the state of the economy and intense market competition. While the gauge for future output expectations remained in positive territory, it fell to the lowest level since November 2019, according to Caixin.Looking ahead, Caixin's Wang said insufficient market confidence and effective demand remain key challenges and more policy support would be needed.\"Efforts in optimizing real estate regulations, upgrading equipment on a large scale, replacing old consumer goods, and the 'three major projects'--those involving affordable housing, urban village renovation, and dual-use public facilities that can be used for everyday and emergency purposes--need to be strengthened,\" Wang said.\"Fiscal and tax reforms should focus on creating more optimistic expectations among market participants,\" Wang added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}