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Victorhc88

Victorhc88

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2024-08-18

Replying to @Miata888:First puzzle: 13 (prime number) Second puzzle: (8+3)x2 = 22 Third puzzle: (2+4)x2 + 4 = 16//@Miata888:First puzzle: 13 (prime number) Second puzzle: (8+3)x2 = 22 Third puzzle: (2+4)x2 + 4 = 16

2024-02-21

$NVIDIA Corp(NVDA)$

2024-02-15

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2023-01-13

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Google, Nvidia Express Concerns to FTC About Microsoft’s Activision Deal

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Earnings Season Will Test the Market’s Great Start

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08:20","market":"us","language":"en","title":"Google, Nvidia Express Concerns to FTC About Microsoft’s Activision Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2303810360","media":"Bloomberg","summary":"The two companies joined Sony in raising issues with the $69 billion transaction, which the FTC has ","content":"<html><head></head><body><p>The two companies joined Sony in raising issues with the $69 billion transaction, which the FTC has sued to block</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05f3b3a9a8c431c236812474642484b1\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Microsoft faces regulatory opposition to its $69 billion takeover of Activision, a deal that was announced a year ago. Photographer: Chona Kasinger/Bloomberg</span></p><p>Alphabet Inc.’s Google and Nvidia Corp. have expressed concerns to the Federal Trade Commission about Microsoft Corp.’s acquisition of Activision Blizzard Inc., adding fuel to the government’s case against the $69 billion deal, according to people familiar with the matter.</p><p>The companies joined Sony Group Corp. in raising issues with the transaction, which the FTC sued to block in December. The commission has argued that the deal would hinder competition in the video-game industry and has scheduled an in-house trial for August. Either company could be called to testify as part of the FTC trial.</p><p>Google and Nvidia provided information that backs a key FTC contention — that Microsoft could gain an unfair advantage in the market for cloud, subscription and mobile gaming — according to the people, who asked not to be identified because the process is confidential. In its remarks to the FTC, Nvidia stressed the need for equal and open access to game titles but didn’t directly oppose the acquisition, according to one of the people.</p><p>Microsoft first announced the Activision deal almost a year ago, looking to add blockbuster games such as Call of Duty and World of Warcraft to a business that already includes the Xbox console, the Halo franchise and Minecraft world-building software. But regulators fear that Microsoft could make it harder for rival platforms to get unfettered access to Activision’s most popular titles.</p><p>Shares of Activision dipped to session lows after Bloomberg reported the news. The stock is currently trading at $76.75 in New York, well below the $95-a-share bid, suggesting that investors see closing the deal as an uphill fight. Microsoft rose less than 1% to $237.88.</p><p>Nvidia and Google are both major forces in the industry. Nvidia leads the market for graphics cards prized by gamers and operates a streaming service called GeForce Now. Google competes with Microsoft in cloud-computing services and offered an unsuccessful game service called Stadia that is shutting down this month.</p><p>Google’s Android mobile operating system also is central to how millions of people play video games. Sony, whose PlayStation console competes with Microsoft’s Xbox, has previously argued that it sees the Activision deal as anti-competitive.</p><p>Representatives for Google, Nvidia and Microsoft declined to comment. The feedback adds heft to the argument that Microsoft could tie more exclusive content to its Xbox Game Pass service, which already leads the market for gaming subscriptions. In its defense, Microsoft has said that regulators are giving too much weight to concerns raised by Sony. In addition to publicly decrying the transaction, Sony has said in filings with Brazilian and UK regulators that the deal will harm competition and give Microsoft an insurmountable edge in the nascent cloud gaming industry.</p><p>In its own filings, Microsoft has said that Sony’s concerns are “self-serving” and overstate the importance of Activision’s catalog. The software giant also has attempted to make concessions. It offered Sony a 10-year deal that would give the PlayStation console access to Activision’s Call of Duty. A person familiar with those discussions said the offer also included the right to place the games on Sony’s subscription services.</p><p>Google’s Stadia spotlighted the challenges of competing in cloud gaming. It was launched in 2019 with original content, and the company hired hundreds of game developers to work on the project. But Stadia never caught on with gamers, and Google announced plans in September to close the platform. It’s set to wind down on Jan. 18.</p><p>Politico reported in November, prior to the FTC’s lawsuit, that Google had concerns about the Activision deal.</p><p>Nvidia, meanwhile, opened its GeForce Now service to the public in 2020, providing access to high-end gaming hardware over the internet. The company allows subscribers to play games they already own, streamed from its servers.</p><p>Last August, Nvidia said it had 20 million subscribers. More recently, the company said it’s able to support more than 1,400 titles, allowing consumers to use basic devices such as Chromebooks and handhelds to play the most demanding games.</p><p>But Microsoft’s Xbox Game Pass, which includes cloud gaming in its Ultimate package, remains the leading service — with more than 25 million subscribers. In part, that’s because Microsoft’s dozens of game studios provide a direct channel of content. Activision is expected to make the subscription service even more compelling.</p></body></html>","source":"lsy1584095487587","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>Google, Nvidia Express Concerns to FTC About Microsoft’s Activision Deal</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\">\nGoogle, Nvidia Express Concerns to FTC About Microsoft’s Activision Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-13 08:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-12/google-nvidia-express-concerns-to-ftc-about-microsoft-s-activision-deal?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The two companies joined Sony in raising issues with the $69 billion transaction, which the FTC has sued to blockMicrosoft faces regulatory opposition to its $69 billion takeover of Activision, a deal...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-12/google-nvidia-express-concerns-to-ftc-about-microsoft-s-activision-deal?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","MSFT":"微软","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0238689110.USD":"贝莱德环球动力股票基金","BK4549":"软银资本持仓","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0072462426.USD":"贝莱德全球配置 A2","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0079474960.USD":"联博美国增长基金A","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU0061474960.USD":"天利环球焦点基金AU Acc","BK4516":"特朗普概念","BK4554":"元宇宙及AR概念","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","ATVI":"动视暴雪","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4525":"远程办公概念","GOOG":"谷歌","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","NVDA":"英伟达","BK4535":"淡马锡持仓","BK4524":"宅经济概念","BK4577":"网络游戏","GOOGL":"谷歌A","BK4543":"AI","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4527":"明星科技股","BK4538":"云计算","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4503":"景林资产持仓","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-12/google-nvidia-express-concerns-to-ftc-about-microsoft-s-activision-deal?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2303810360","content_text":"The two companies joined Sony in raising issues with the $69 billion transaction, which the FTC has sued to blockMicrosoft faces regulatory opposition to its $69 billion takeover of Activision, a deal that was announced a year ago. Photographer: Chona Kasinger/BloombergAlphabet Inc.’s Google and Nvidia Corp. have expressed concerns to the Federal Trade Commission about Microsoft Corp.’s acquisition of Activision Blizzard Inc., adding fuel to the government’s case against the $69 billion deal, according to people familiar with the matter.The companies joined Sony Group Corp. in raising issues with the transaction, which the FTC sued to block in December. The commission has argued that the deal would hinder competition in the video-game industry and has scheduled an in-house trial for August. Either company could be called to testify as part of the FTC trial.Google and Nvidia provided information that backs a key FTC contention — that Microsoft could gain an unfair advantage in the market for cloud, subscription and mobile gaming — according to the people, who asked not to be identified because the process is confidential. In its remarks to the FTC, Nvidia stressed the need for equal and open access to game titles but didn’t directly oppose the acquisition, according to one of the people.Microsoft first announced the Activision deal almost a year ago, looking to add blockbuster games such as Call of Duty and World of Warcraft to a business that already includes the Xbox console, the Halo franchise and Minecraft world-building software. But regulators fear that Microsoft could make it harder for rival platforms to get unfettered access to Activision’s most popular titles.Shares of Activision dipped to session lows after Bloomberg reported the news. The stock is currently trading at $76.75 in New York, well below the $95-a-share bid, suggesting that investors see closing the deal as an uphill fight. Microsoft rose less than 1% to $237.88.Nvidia and Google are both major forces in the industry. Nvidia leads the market for graphics cards prized by gamers and operates a streaming service called GeForce Now. Google competes with Microsoft in cloud-computing services and offered an unsuccessful game service called Stadia that is shutting down this month.Google’s Android mobile operating system also is central to how millions of people play video games. Sony, whose PlayStation console competes with Microsoft’s Xbox, has previously argued that it sees the Activision deal as anti-competitive.Representatives for Google, Nvidia and Microsoft declined to comment. The feedback adds heft to the argument that Microsoft could tie more exclusive content to its Xbox Game Pass service, which already leads the market for gaming subscriptions. In its defense, Microsoft has said that regulators are giving too much weight to concerns raised by Sony. In addition to publicly decrying the transaction, Sony has said in filings with Brazilian and UK regulators that the deal will harm competition and give Microsoft an insurmountable edge in the nascent cloud gaming industry.In its own filings, Microsoft has said that Sony’s concerns are “self-serving” and overstate the importance of Activision’s catalog. The software giant also has attempted to make concessions. It offered Sony a 10-year deal that would give the PlayStation console access to Activision’s Call of Duty. A person familiar with those discussions said the offer also included the right to place the games on Sony’s subscription services.Google’s Stadia spotlighted the challenges of competing in cloud gaming. It was launched in 2019 with original content, and the company hired hundreds of game developers to work on the project. But Stadia never caught on with gamers, and Google announced plans in September to close the platform. It’s set to wind down on Jan. 18.Politico reported in November, prior to the FTC’s lawsuit, that Google had concerns about the Activision deal.Nvidia, meanwhile, opened its GeForce Now service to the public in 2020, providing access to high-end gaming hardware over the internet. The company allows subscribers to play games they already own, streamed from its servers.Last August, Nvidia said it had 20 million subscribers. More recently, the company said it’s able to support more than 1,400 titles, allowing consumers to use basic devices such as Chromebooks and handhelds to play the most demanding games.But Microsoft’s Xbox Game Pass, which includes cloud gaming in its Ultimate package, remains the leading service — with more than 25 million subscribers. In part, that’s because Microsoft’s dozens of game studios provide a direct channel of content. Activision is expected to make the subscription service even more compelling.","news_type":1},"isVote":1,"tweetType":1,"viewCount":548,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951310287,"gmtCreate":1673396405050,"gmtModify":1676538829744,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9951310287","repostId":"2302011823","repostType":4,"isVote":1,"tweetType":1,"viewCount":973,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953486187,"gmtCreate":1673309555450,"gmtModify":1676538815424,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9953486187","repostId":"1182576862","repostType":4,"repost":{"id":"1182576862","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1673306828,"share":"https://ttm.financial/m/news/1182576862?lang=&edition=fundamental","pubTime":"2023-01-10 07:27","market":"us","language":"en","title":"These Stocks Are Moving the Most Monday: Tesla, Zillow, Regeneron, Macy’s, and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1182576862","media":"Dow Jones","summary":"Stocks were mixed Monday at market close, losing some of the momentum from a rally last Friday to st","content":"<html><head></head><body><p>Stocks were mixed Monday at market close, losing some of the momentum from a rally last Friday to start a new week of trading.</p><p>These stocks made moves Monday:</p><p>Tesla (ticker:TSLA) stock continued its rally Monday, up 5.9%, despite continuing concerns with falling car demand and prices in the industry. 22V Research senior managing director and head of technical stock trading strategy, John Roque, told <i>Barron’s</i> that this rally could be an oversold bounce, meaning investors might believe that the stock could have fallen too quickly.</p><p>Bed Bath &amp; Beyond (BBBY) hasn&#39;t filed for bankruptcy (yet), which looks to be keeping hopes alive among the few remaining bulls on the stock. Shares of the near-death retailer once shot up as much as 42% to $1.87 on Monday before giving back some of its gains to be up about 23.66% as of closing.</p><p>CinCor Pharma surged 144% to $28.74 after agreeing to be acquired by AstraZeneca (AZN) in a deal valued at about $1.8 billion. The offer price of $26 a share represents a 121% premium to CinCor’s closing price on Friday.</p><p>Albireo Pharma (ALBO) soared 92.2% to $43.85 after the rare disease company reached an agreement to be bought by French biopharmaceutical company Ipsen for $42 a share cash plus a contingent value right of $10 a share.</p><p>Duck Creek Technologies (DCT) agreed to be acquired by Vista Equity Partners for $19 a share in cash or $2.6 billion. The stock jumped 46.5% to $19.03.</p><p>Exact Sciences (EXAS) surged 24.7% after the cancer screening company announced preliminary fourth quarter financial results that were ahead of Wall Street expectations.</p><p>Paya Holdings (PAYA) soared 24.4% after Canadian fintech company Nuvei (NVEI) agreed to buy the payments company in an all-cash transaction for $9.75 a share, or about $1.3 billion. Nuvei shares were up 3.3%.</p><p>Crypto-related stocks climbedas the price of Bitcoin advanced to more than $17,000. Riot Platforms (RIOT) jumped 14.3%, Marathon Digital Holdings (MARA) climbed 19.8%, Coinbase Global (COIN) rose 15.1% and MicroStrategy (MSTR) was up 9.1%.</p><p>Lululemon Athletica (LULU) shares fell 9.3% after the athleisure-apparel retailer lowered its margin guidance for its fiscal fourth quarter.</p><p>Zillow (Z) rose 8% after shares of the online housing company were upgraded to Buy from Underperform at BofA.</p><p>Macy’s (M) dropped 7.7% Monday after the department store said fourth-quarter sales would come in at the low to middle end of its previously issued range from $8.16 billion to $8.4 billion, and warned that consumers will be pressured in 2023.</p><p>Regeneron Pharmaceuticals (REGN) dropped 7.7% after the medicine maker reported sales of its Eylea vaccine that were below what Wall Street was anticipating for the fourth quarter.</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>These Stocks Are Moving the Most Monday: Tesla, Zillow, Regeneron, Macy’s, and More</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\">\nThese Stocks Are Moving the Most Monday: Tesla, Zillow, Regeneron, Macy’s, and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\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\">2023-01-10 07:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks were mixed Monday at market close, losing some of the momentum from a rally last Friday to start a new week of trading.</p><p>These stocks made moves Monday:</p><p>Tesla (ticker:TSLA) stock continued its rally Monday, up 5.9%, despite continuing concerns with falling car demand and prices in the industry. 22V Research senior managing director and head of technical stock trading strategy, John Roque, told <i>Barron’s</i> that this rally could be an oversold bounce, meaning investors might believe that the stock could have fallen too quickly.</p><p>Bed Bath &amp; Beyond (BBBY) hasn&#39;t filed for bankruptcy (yet), which looks to be keeping hopes alive among the few remaining bulls on the stock. Shares of the near-death retailer once shot up as much as 42% to $1.87 on Monday before giving back some of its gains to be up about 23.66% as of closing.</p><p>CinCor Pharma surged 144% to $28.74 after agreeing to be acquired by AstraZeneca (AZN) in a deal valued at about $1.8 billion. The offer price of $26 a share represents a 121% premium to CinCor’s closing price on Friday.</p><p>Albireo Pharma (ALBO) soared 92.2% to $43.85 after the rare disease company reached an agreement to be bought by French biopharmaceutical company Ipsen for $42 a share cash plus a contingent value right of $10 a share.</p><p>Duck Creek Technologies (DCT) agreed to be acquired by Vista Equity Partners for $19 a share in cash or $2.6 billion. The stock jumped 46.5% to $19.03.</p><p>Exact Sciences (EXAS) surged 24.7% after the cancer screening company announced preliminary fourth quarter financial results that were ahead of Wall Street expectations.</p><p>Paya Holdings (PAYA) soared 24.4% after Canadian fintech company Nuvei (NVEI) agreed to buy the payments company in an all-cash transaction for $9.75 a share, or about $1.3 billion. Nuvei shares were up 3.3%.</p><p>Crypto-related stocks climbedas the price of Bitcoin advanced to more than $17,000. Riot Platforms (RIOT) jumped 14.3%, Marathon Digital Holdings (MARA) climbed 19.8%, Coinbase Global (COIN) rose 15.1% and MicroStrategy (MSTR) was up 9.1%.</p><p>Lululemon Athletica (LULU) shares fell 9.3% after the athleisure-apparel retailer lowered its margin guidance for its fiscal fourth quarter.</p><p>Zillow (Z) rose 8% after shares of the online housing company were upgraded to Buy from Underperform at BofA.</p><p>Macy’s (M) dropped 7.7% Monday after the department store said fourth-quarter sales would come in at the low to middle end of its previously issued range from $8.16 billion to $8.4 billion, and warned that consumers will be pressured in 2023.</p><p>Regeneron Pharmaceuticals (REGN) dropped 7.7% after the medicine maker reported sales of its Eylea vaccine that were below what Wall Street was anticipating for the fourth quarter.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AZN":"阿斯利康","RIOT":"Riot Platforms","BBBY":"3B家居","NVEI":"Nuvei Corp","LULU":"lululemon athletica","COIN":"Coinbase Global, Inc.","ALBO":"Albireo Pharma, Inc.","Z":"Zillow","PAYA":"Paya Holdings Inc.","MARA":"MARA Holdings","MSTR":"MicroStrategy","REGN":"再生元制药公司","M":"梅西百货","EXAS":"精密科学","CINC":"CinCor Pharma, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182576862","content_text":"Stocks were mixed Monday at market close, losing some of the momentum from a rally last Friday to start a new week of trading.These stocks made moves Monday:Tesla (ticker:TSLA) stock continued its rally Monday, up 5.9%, despite continuing concerns with falling car demand and prices in the industry. 22V Research senior managing director and head of technical stock trading strategy, John Roque, told Barron’s that this rally could be an oversold bounce, meaning investors might believe that the stock could have fallen too quickly.Bed Bath & Beyond (BBBY) hasn't filed for bankruptcy (yet), which looks to be keeping hopes alive among the few remaining bulls on the stock. Shares of the near-death retailer once shot up as much as 42% to $1.87 on Monday before giving back some of its gains to be up about 23.66% as of closing.CinCor Pharma surged 144% to $28.74 after agreeing to be acquired by AstraZeneca (AZN) in a deal valued at about $1.8 billion. The offer price of $26 a share represents a 121% premium to CinCor’s closing price on Friday.Albireo Pharma (ALBO) soared 92.2% to $43.85 after the rare disease company reached an agreement to be bought by French biopharmaceutical company Ipsen for $42 a share cash plus a contingent value right of $10 a share.Duck Creek Technologies (DCT) agreed to be acquired by Vista Equity Partners for $19 a share in cash or $2.6 billion. The stock jumped 46.5% to $19.03.Exact Sciences (EXAS) surged 24.7% after the cancer screening company announced preliminary fourth quarter financial results that were ahead of Wall Street expectations.Paya Holdings (PAYA) soared 24.4% after Canadian fintech company Nuvei (NVEI) agreed to buy the payments company in an all-cash transaction for $9.75 a share, or about $1.3 billion. Nuvei shares were up 3.3%.Crypto-related stocks climbedas the price of Bitcoin advanced to more than $17,000. Riot Platforms (RIOT) jumped 14.3%, Marathon Digital Holdings (MARA) climbed 19.8%, Coinbase Global (COIN) rose 15.1% and MicroStrategy (MSTR) was up 9.1%.Lululemon Athletica (LULU) shares fell 9.3% after the athleisure-apparel retailer lowered its margin guidance for its fiscal fourth quarter.Zillow (Z) rose 8% after shares of the online housing company were upgraded to Buy from Underperform at BofA.Macy’s (M) dropped 7.7% Monday after the department store said fourth-quarter sales would come in at the low to middle end of its previously issued range from $8.16 billion to $8.4 billion, and warned that consumers will be pressured in 2023.Regeneron Pharmaceuticals (REGN) dropped 7.7% after the medicine maker reported sales of its Eylea vaccine that were below what Wall Street was anticipating for the fourth quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":744,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953854492,"gmtCreate":1673224083716,"gmtModify":1676538801027,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953854492","repostId":"2301179965","repostType":4,"repost":{"id":"2301179965","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1673223206,"share":"https://ttm.financial/m/news/2301179965?lang=&edition=fundamental","pubTime":"2023-01-09 08:13","market":"us","language":"en","title":"Ant Group Says No Plan for IPO, Focusing on Business Optimisation","url":"https://stock-news.laohu8.com/highlight/detail?id=2301179965","media":"Reuters","summary":"Jan 8 (Reuters) - China's fintech giant Ant Group has no plan to initiate an initial public offering","content":"<html><head></head><body><p>Jan 8 (Reuters) - China&#39;s fintech giant Ant Group has no plan to initiate an initial public offering (IPO), it said on Sunday in an emailed statement to Reuters.</p><p>&#34;Ant Group has been focusing on its business rectification and optimisation, and does not have a plan for an IPO,&#34; the company spokesperson said.</p><p>Ant Group said on Saturday that its founder Jack Ma no longer controls the company after a series of shareholding adjustments that saw him give up most of his voting rights.</p><p>Ma&#39;s ceding of control comes as Ant is nearing the completion of its two-year regulatory-driven restructuring, with Chinese authorities poised to impose a fine of more than $1 billion on the firm, Reuters reported in November.</p><p>China&#39;s domestic A-share market requires companies to wait three years after a change in control to list. The wait is two years on Shanghai&#39;s Nasdaq-style STAR market, and one year in Hong Kong.</p><p>Ant&#39;s $37 billion IPO, which would have been the world&#39;s largest, was cancelled at the last minute in November 2020, leading to a forced restructuring of the financial technology firm and speculation the Chinese billionaire would have to cede control.</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>Ant Group Says No Plan for IPO, Focusing on Business Optimisation</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\">\nAnt Group Says No Plan for IPO, Focusing on Business Optimisation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-01-09 08:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Jan 8 (Reuters) - China&#39;s fintech giant Ant Group has no plan to initiate an initial public offering (IPO), it said on Sunday in an emailed statement to Reuters.</p><p>&#34;Ant Group has been focusing on its business rectification and optimisation, and does not have a plan for an IPO,&#34; the company spokesperson said.</p><p>Ant Group said on Saturday that its founder Jack Ma no longer controls the company after a series of shareholding adjustments that saw him give up most of his voting rights.</p><p>Ma&#39;s ceding of control comes as Ant is nearing the completion of its two-year regulatory-driven restructuring, with Chinese authorities poised to impose a fine of more than $1 billion on the firm, Reuters reported in November.</p><p>China&#39;s domestic A-share market requires companies to wait three years after a change in control to list. The wait is two years on Shanghai&#39;s Nasdaq-style STAR market, and one year in Hong Kong.</p><p>Ant&#39;s $37 billion IPO, which would have been the world&#39;s largest, was cancelled at the last minute in November 2020, leading to a forced restructuring of the financial technology firm and speculation the Chinese billionaire would have to cede control.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0029874905.USD":"TEMPLETON EMERGING MARKETS \"A\" INC","LU0417516902.SGD":"Allianz China Equity Cl AT Acc SGD","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0173614495.USD":"富达中国焦点A","LU0359201612.USD":"贝莱德中国基金A2","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","BK4524":"宅经济概念","LU0449509016.USD":"HSBC GIF BRIC EQUITY \"AC\" (USD) ACC","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","BK4538":"云计算","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","LU0048580855.USD":"富达大中华区A","BK4579":"人工智能","BK4526":"热门中概股","LU0320764755.SGD":"FTIF - Templeton Asian Growth A Acc SGD","09988":"阿里巴巴-W","LU0181495838.USD":"施罗德新兴亚洲A Acc","IE0032431581.USD":"PINEBRIDGE GREATER CHINA EQUITY \"A\" (USD) ACC","BK4503":"景林资产持仓","LU0449515922.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"PC\" (USD)ACC","BK4502":"阿里概念","LU0516422366.SGD":"Fullerton Lux Funds - Asia Focus Equities A Acc SGD","LU0320764243.SGD":"FTIF - Templeton Emerging Markets A Acc SGD","BK4505":"高瓴资本持仓","BK1586":"云计算","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","BK4581":"高盛持仓","BABA":"阿里巴巴","BK4504":"桥水持仓","LU0163747925.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY A ACC","BK1142":"互联网与直销零售","BK1591":"就地过年概念","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","LU0084288322.USD":"Natixis Asia Equity RD USD","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","BK4565":"NFT概念","LU0054450605.USD":"HSBC GIF GLOBAL EMERGING MARKTS EQ \"AD\" INC","IE00B5MMRT66.SGD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (SGDHDG) ACC","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU1688375341.USD":"贝莱德中国灵活股票基金","BK1502":"双十一","BK1608":"元宇宙概念","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","BK1584":"蚂蚁金服概念","LU0029875118.USD":"TEMPLETON ASIAN GROWTH \"A\" INC"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2301179965","content_text":"Jan 8 (Reuters) - China's fintech giant Ant Group has no plan to initiate an initial public offering (IPO), it said on Sunday in an emailed statement to Reuters.\"Ant Group has been focusing on its business rectification and optimisation, and does not have a plan for an IPO,\" the company spokesperson said.Ant Group said on Saturday that its founder Jack Ma no longer controls the company after a series of shareholding adjustments that saw him give up most of his voting rights.Ma's ceding of control comes as Ant is nearing the completion of its two-year regulatory-driven restructuring, with Chinese authorities poised to impose a fine of more than $1 billion on the firm, Reuters reported in November.China's domestic A-share market requires companies to wait three years after a change in control to list. The wait is two years on Shanghai's Nasdaq-style STAR market, and one year in Hong Kong.Ant's $37 billion IPO, which would have been the world's largest, was cancelled at the last minute in November 2020, leading to a forced restructuring of the financial technology firm and speculation the Chinese billionaire would have to cede control.","news_type":1},"isVote":1,"tweetType":1,"viewCount":687,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953854592,"gmtCreate":1673224074917,"gmtModify":1676538801027,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953854592","repostId":"2301105734","repostType":4,"repost":{"id":"2301105734","kind":"news","pubTimestamp":1673223729,"share":"https://ttm.financial/m/news/2301105734?lang=&edition=fundamental","pubTime":"2023-01-09 08:22","market":"us","language":"en","title":"\"Spectacular\" Trading Drop Plagues Still-Reeling Crypto Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2301105734","media":"Bloomberg","summary":"Crypto ‘effectively nonexistent’ for institutions, Gross saysTrading volume plunged over 46% in 2022","content":"<html><head></head><body><ul><li>Crypto ‘effectively nonexistent’ for institutions, Gross says</li><li>Trading volume plunged over 46% in 2022, CryptoCompare says</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5bb4a91cafdfe6a12289522c701f5741\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Photographer: Erhan Demirtas/Bloomberg</span></p><p>The crypto market, on top of everything else, has another problem on its hands: trading activity is in the gutter.</p><p>In 2022, trading volume on centralized exchanges such as Coinbase, Kraken and Binance plunged more than 46%, according to data compiled by CryptoCompare. On Binance, which remains the leader in terms of market share, spot trading fell 45% to $5.4 trillion. And Bitcoin, the most-traded digital asset, saw trading volumes decline 31% year-on-year, the researcher said in a report.</p><p>Meanwhile, a “Liquid Tradeable BTC” proxy tracked by Arcane Research has slid to June 2020 lows, and exchange balances have fallen to 12% thanks to a rise in self-custody, the company said in a report compiled by Bendik Schei and Vetle Lunde. This, they say, has direct implications for Bitcoin liquidity because fewer coins available to trade can mean more volatility.</p><p>“We are seeing some pretty spectacular declines in spot activity,” said Strahinja Savic, head of data and analytics at FRNT Financial.</p><p>In a holiday-shortened week to start the year, Bitcoin remained in the narrow range of either side of $17,000 that it has mostly lingered in since the end of November.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ec28e133a60200fe1213096d15c276b\" tg-width=\"1000\" tg-height=\"401\" width=\"100%\" height=\"auto\"/><span>Source: CryptoCompare</span></p><p>Cryptocurrencies slumped last year amid a number of big implosions for important projects such as the Terra stablecoin ecosystem and the FTX empire. Bitcoin tumbled 64%, its second-worst annual performance during its 14-year history. The plunge in token prices has scared away many retail investors who had flooded into the market during the early pandemic years, when lockdowns were still in force. Plus many institutional investors have been alarmed by the scandals that have left the industry reeling and likely looking at a long time to recovery.</p><p>The lack of trading volumes are another indicator that institutions have abandoned the asset class for now — and it could take a while before they once again regain confidence in the market, according to Matt Maley, chief market strategist at Miller Tabak + Co.</p><p>“This is especially true in a bear market,” he said. “Their customers are much less forgiving when they see big losses in a risky asset class during a general bear market for risk assets.”</p><p><img src=\"https://static.tigerbbs.com/9ecab426168670def6ef75c1b18152cb\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"/></p><p>The money managers who avoided the many ups and downs of crypto may be feeling relieved for having done so, according Jared Gross, head of institutional portfolio strategy at JPMorgan Asset Management. “As an asset class, crypto is effectively nonexistent for most large institutional investors,” he said on a recent episode of the “What Goes Up” podcast.</p><p>The crypto industry is still wobbling following the fallout of the FTX empire, and market-watchers are wary of more adverse developments around other major participants. Broker Genesis laid off roughly 30% of its workforce in recent days, another signal of how much the industry is being shaken by recent events.</p><p>Digital-asset entrepreneur Justin Sun transferred about $100 million worth of stablecoins on Friday to his crypto exchange Huobi Global, which has been hit by a wave of withdrawals. The transactions came amid elevated pressure on Singapore-based Huobi, which saw about $85 million of crypto outflows over a 24-hour period according to data from Coinglass. The exchange said on Friday that it plans to fire about 20% of its workforce and will maintain a “very lean team” as a slump in crypto markets enters its second year.</p><p>While exchanges such as Huobi are mostly retail driven, institutional interest is more relevant for trading activity, especially in the early part of the next upswing, says Noelle Acheson, author of the “Crypto Is Macro Now” newsletter. “They generally account for the bulk of trading and have different risk profiles,” she said. “Retail tends to come in with size later in the cycle, nearer the top.”</p><p>Acheson added that there are some “brave and high-conviction” retail investors entering the market right now, “but we are a ways off from seeing a ‘wave.’”</p></body></html>","source":"lsy1584095487587","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>\"Spectacular\" Trading Drop Plagues Still-Reeling Crypto Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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\">\n\"Spectacular\" Trading Drop Plagues Still-Reeling Crypto Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-09 08:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-07/-spectacular-trading-drop-plagues-still-reeling-crypto-market><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crypto ‘effectively nonexistent’ for institutions, Gross saysTrading volume plunged over 46% in 2022, CryptoCompare saysPhotographer: Erhan Demirtas/BloombergThe crypto market, on top of everything ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-07/-spectacular-trading-drop-plagues-still-reeling-crypto-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4023":"应用软件","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-07/-spectacular-trading-drop-plagues-still-reeling-crypto-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2301105734","content_text":"Crypto ‘effectively nonexistent’ for institutions, Gross saysTrading volume plunged over 46% in 2022, CryptoCompare saysPhotographer: Erhan Demirtas/BloombergThe crypto market, on top of everything else, has another problem on its hands: trading activity is in the gutter.In 2022, trading volume on centralized exchanges such as Coinbase, Kraken and Binance plunged more than 46%, according to data compiled by CryptoCompare. On Binance, which remains the leader in terms of market share, spot trading fell 45% to $5.4 trillion. And Bitcoin, the most-traded digital asset, saw trading volumes decline 31% year-on-year, the researcher said in a report.Meanwhile, a “Liquid Tradeable BTC” proxy tracked by Arcane Research has slid to June 2020 lows, and exchange balances have fallen to 12% thanks to a rise in self-custody, the company said in a report compiled by Bendik Schei and Vetle Lunde. This, they say, has direct implications for Bitcoin liquidity because fewer coins available to trade can mean more volatility.“We are seeing some pretty spectacular declines in spot activity,” said Strahinja Savic, head of data and analytics at FRNT Financial.In a holiday-shortened week to start the year, Bitcoin remained in the narrow range of either side of $17,000 that it has mostly lingered in since the end of November.Source: CryptoCompareCryptocurrencies slumped last year amid a number of big implosions for important projects such as the Terra stablecoin ecosystem and the FTX empire. Bitcoin tumbled 64%, its second-worst annual performance during its 14-year history. The plunge in token prices has scared away many retail investors who had flooded into the market during the early pandemic years, when lockdowns were still in force. Plus many institutional investors have been alarmed by the scandals that have left the industry reeling and likely looking at a long time to recovery.The lack of trading volumes are another indicator that institutions have abandoned the asset class for now — and it could take a while before they once again regain confidence in the market, according to Matt Maley, chief market strategist at Miller Tabak + Co.“This is especially true in a bear market,” he said. “Their customers are much less forgiving when they see big losses in a risky asset class during a general bear market for risk assets.”The money managers who avoided the many ups and downs of crypto may be feeling relieved for having done so, according Jared Gross, head of institutional portfolio strategy at JPMorgan Asset Management. “As an asset class, crypto is effectively nonexistent for most large institutional investors,” he said on a recent episode of the “What Goes Up” podcast.The crypto industry is still wobbling following the fallout of the FTX empire, and market-watchers are wary of more adverse developments around other major participants. Broker Genesis laid off roughly 30% of its workforce in recent days, another signal of how much the industry is being shaken by recent events.Digital-asset entrepreneur Justin Sun transferred about $100 million worth of stablecoins on Friday to his crypto exchange Huobi Global, which has been hit by a wave of withdrawals. The transactions came amid elevated pressure on Singapore-based Huobi, which saw about $85 million of crypto outflows over a 24-hour period according to data from Coinglass. The exchange said on Friday that it plans to fire about 20% of its workforce and will maintain a “very lean team” as a slump in crypto markets enters its second year.While exchanges such as Huobi are mostly retail driven, institutional interest is more relevant for trading activity, especially in the early part of the next upswing, says Noelle Acheson, author of the “Crypto Is Macro Now” newsletter. “They generally account for the bulk of trading and have different risk profiles,” she said. “Retail tends to come in with size later in the cycle, nearer the top.”Acheson added that there are some “brave and high-conviction” retail investors entering the market right now, “but we are a ways off from seeing a ‘wave.’”","news_type":1},"isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953854614,"gmtCreate":1673224065738,"gmtModify":1676538801019,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9953854614","repostId":"2302718201","repostType":4,"repost":{"id":"2302718201","kind":"highlight","pubTimestamp":1673211630,"share":"https://ttm.financial/m/news/2302718201?lang=&edition=fundamental","pubTime":"2023-01-09 05:00","market":"us","language":"en","title":"Wall Street Still Counting on Big Tech Rip Once Fed Eases Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=2302718201","media":"Bloomberg","summary":"Jobs data give central bank room to slow rate increasesSo-called FAANG cohort lost 38% of its market","content":"<html><head></head><body><ul><li>Jobs data give central bank room to slow rate increases</li><li>So-called FAANG cohort lost 38% of its market cap in 2022</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7021d8bc4aa363e22df692bba7e1d05d\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Photographer: Michael Nagle/Bloomberg</span></p><p>Wall Street tech bulls are counting on the industry’s megacap stocks to move higher before long and jump start a rebound in the S&amp;P 500.</p><p>The hope is that the Federal Reserve is coming close to wrapping up its inflation-fighting campaign, and that tech, the group that’s suffered the most from interest-rate hikes, will recover. The prospect, while still not imminent, came a step closer to reality Friday when the latest employment report showed a deceleration in wage growth, which the Fed is looking for as a sign of progress in its inflation battle. Perhaps not surprisingly, the tech-heavy Nasdaq 100 Index had its best day since Nov. 30.</p><p>“Even a small advance in technology megacaps will matter,” said Gary Bradshaw, a portfolio manager at Hodges Capital Management in Dallas, Texas. “That’s going to be positive, and not only for technology investors. It will send a signal to the broader S&amp;P.”</p><p>More clarity will likely come this week when investors get the latest update on inflation. A Bloomberg survey of 12 economists calls for a 6.5% jump in the Consumer Price Index in December, down from a 9.1% level in June. A University of Michigan survey of US consumers showed year-ahead inflation expectations fell to the lowest level since June 2021 last month.</p><p><img src=\"https://static.tigerbbs.com/b8773dbc3aa9adc1104a639043c79a5a\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"/></p><p>The S&amp;P 500 lost 6.7% between the beginning of December and Thursday, with two stocks — Apple Inc. and Tesla Inc. — responsible for a third of the decline, showcasing just how strong of a grip tech megacaps have on the broader market.</p><p>“Ultimately, if the Fed gets inflation under control, tech has a chance to be the market leader, but the Fed is still in play for at least another six to eight months,” said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance.</p><p>But an economic slowdown that would prompt a shift by the Fed carries it’s own risks, too. Apple has ordered fewer components for a number of products, given slowing demand, Nikkei reported on Jan. 2. UBS analysts questioned growth prospects of Microsoft Corp.’s cloud-computing business, while Tesla is grappling with falling sales in China.</p><p>The upcoming earnings season may turn the sentiment around, but so far it looks bleak. Companies in the S&amp;P 500 are expected to post a 2.7% profit decline in the fourth quarter, data compiled by Bloomberg Intelligence show. Excluding the five-biggest S&amp;P 500 constituents the figure stands at just -0.9%.</p><p>“Investors are either dealing with uncertainty around inflation, or they’re dealing with anxiety about growth, and in either case it’s a lose-lose situation for tech megacaps,” said Zaccarelli.</p><p><img src=\"https://static.tigerbbs.com/157d29cf71074836852d1c6c50e62d34\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"/></p><p>Technology giants drove the stock market’s bull run for most of the last decade. They also dominated during the Covid-19 pandemic when investors devoured anything digital. However, that trend reversed last year when rising prices forced the central bank to fight back and cut rates to near zero. As interest rates climbed and growth outlooks soured in 2022, the so-called FAANG cohort — Facebook parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc., Amazon.com Inc., Apple, Microsoft and Alphabet Inc. — lost 38% of its market value, trailing both the Nasdaq 100 Index and the S&amp;P 500.</p><p>The tech downturn exerted an outsize drag on major indexes. Apple, the S&amp;P 500’s biggest stock by market value, and Tesla, the 15th largest, were responsible for 88% of the S&amp;P 500’s drop on the first trading day of 2023. All told, a gauge tracking four tech giants — Alphabet, Amazon, Meta and Netflix Inc. — rose 3.2% for the week, while a broader gauge that includes Tesla and Advanced Micro Devices Inc. fell 1%.</p><p>More often than not, no other sector is big enough to offset a move in tech stocks. And even though the influence of FAANG on the S&amp;P 500 is declining as giants like Apple drop in market value, the group remains huge. To give an idea of how big that is: the share of just the four tech titans in the S&amp;P 500  — Apple, Microsoft, Alphabet and Amazon —  stands at about 16%, greater than the entire health-care group, the index’s second-biggest industry after tech.</p><p>“You have to be leery of tech stocks because there’s still lingering uncertainty that the Fed will go above and beyond by hiking rates,” said Eric Beiley, executive managing director of wealth management at Steward Partners Global Advisory. “Tech will eventually have its day, but until we have more clarity on central bank policy it’s a tough place to invest.”</p></body></html>","source":"lsy1584095487587","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>Wall Street Still Counting on Big Tech Rip Once Fed Eases Hikes</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\">\nWall Street Still Counting on Big Tech Rip Once Fed Eases Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-09 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-08/wall-street-still-counting-on-big-tech-rip-once-fed-eases-hikes?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Jobs data give central bank room to slow rate increasesSo-called FAANG cohort lost 38% of its market cap in 2022Photographer: Michael Nagle/BloombergWall Street tech bulls are counting on the industry...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-08/wall-street-still-counting-on-big-tech-rip-once-fed-eases-hikes?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","BK4525":"远程办公概念","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0238689110.USD":"贝莱德环球动力股票基金","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4577":"网络游戏","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","BK4538":"云计算","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","IVV":"标普500指数ETF",".IXIC":"NASDAQ Composite","AAPL":"苹果","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","MSFT":"微软","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0061474960.USD":"天利环球焦点基金AU Acc","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BK4122":"互联网与直销零售","SSO":"两倍做多标普500ETF","BK4561":"索罗斯持仓","BK4504":"桥水持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","TERN":"Terns Pharmaceuticals, Inc.","BK4511":"特斯拉概念","QQQ":"纳指100ETF","OEF":"标普100指数ETF-iShares","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4514":"搜索引擎","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU1046421795.USD":"富达环球科技A-ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","BK4528":"SaaS概念","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1548497426.USD":"安联环球人工智能AT Acc","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","BK4191":"家用电器","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0882574139.USD":"富达环球消费行业基金A ACC","BK4567":"ESG概念","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","NDX":"纳斯达克100指数","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-08/wall-street-still-counting-on-big-tech-rip-once-fed-eases-hikes?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2302718201","content_text":"Jobs data give central bank room to slow rate increasesSo-called FAANG cohort lost 38% of its market cap in 2022Photographer: Michael Nagle/BloombergWall Street tech bulls are counting on the industry’s megacap stocks to move higher before long and jump start a rebound in the S&P 500.The hope is that the Federal Reserve is coming close to wrapping up its inflation-fighting campaign, and that tech, the group that’s suffered the most from interest-rate hikes, will recover. The prospect, while still not imminent, came a step closer to reality Friday when the latest employment report showed a deceleration in wage growth, which the Fed is looking for as a sign of progress in its inflation battle. Perhaps not surprisingly, the tech-heavy Nasdaq 100 Index had its best day since Nov. 30.“Even a small advance in technology megacaps will matter,” said Gary Bradshaw, a portfolio manager at Hodges Capital Management in Dallas, Texas. “That’s going to be positive, and not only for technology investors. It will send a signal to the broader S&P.”More clarity will likely come this week when investors get the latest update on inflation. A Bloomberg survey of 12 economists calls for a 6.5% jump in the Consumer Price Index in December, down from a 9.1% level in June. A University of Michigan survey of US consumers showed year-ahead inflation expectations fell to the lowest level since June 2021 last month.The S&P 500 lost 6.7% between the beginning of December and Thursday, with two stocks — Apple Inc. and Tesla Inc. — responsible for a third of the decline, showcasing just how strong of a grip tech megacaps have on the broader market.“Ultimately, if the Fed gets inflation under control, tech has a chance to be the market leader, but the Fed is still in play for at least another six to eight months,” said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance.But an economic slowdown that would prompt a shift by the Fed carries it’s own risks, too. Apple has ordered fewer components for a number of products, given slowing demand, Nikkei reported on Jan. 2. UBS analysts questioned growth prospects of Microsoft Corp.’s cloud-computing business, while Tesla is grappling with falling sales in China.The upcoming earnings season may turn the sentiment around, but so far it looks bleak. Companies in the S&P 500 are expected to post a 2.7% profit decline in the fourth quarter, data compiled by Bloomberg Intelligence show. Excluding the five-biggest S&P 500 constituents the figure stands at just -0.9%.“Investors are either dealing with uncertainty around inflation, or they’re dealing with anxiety about growth, and in either case it’s a lose-lose situation for tech megacaps,” said Zaccarelli.Technology giants drove the stock market’s bull run for most of the last decade. They also dominated during the Covid-19 pandemic when investors devoured anything digital. However, that trend reversed last year when rising prices forced the central bank to fight back and cut rates to near zero. As interest rates climbed and growth outlooks soured in 2022, the so-called FAANG cohort — Facebook parent Meta Platforms Inc., Amazon.com Inc., Apple, Microsoft and Alphabet Inc. — lost 38% of its market value, trailing both the Nasdaq 100 Index and the S&P 500.The tech downturn exerted an outsize drag on major indexes. Apple, the S&P 500’s biggest stock by market value, and Tesla, the 15th largest, were responsible for 88% of the S&P 500’s drop on the first trading day of 2023. All told, a gauge tracking four tech giants — Alphabet, Amazon, Meta and Netflix Inc. — rose 3.2% for the week, while a broader gauge that includes Tesla and Advanced Micro Devices Inc. fell 1%.More often than not, no other sector is big enough to offset a move in tech stocks. And even though the influence of FAANG on the S&P 500 is declining as giants like Apple drop in market value, the group remains huge. To give an idea of how big that is: the share of just the four tech titans in the S&P 500  — Apple, Microsoft, Alphabet and Amazon —  stands at about 16%, greater than the entire health-care group, the index’s second-biggest industry after tech.“You have to be leery of tech stocks because there’s still lingering uncertainty that the Fed will go above and beyond by hiking rates,” said Eric Beiley, executive managing director of wealth management at Steward Partners Global Advisory. “Tech will eventually have its day, but until we have more clarity on central bank policy it’s a tough place to invest.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953854896,"gmtCreate":1673224056915,"gmtModify":1676538801019,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953854896","repostId":"2301979906","repostType":4,"repost":{"id":"2301979906","kind":"news","pubTimestamp":1673213449,"share":"https://ttm.financial/m/news/2301979906?lang=&edition=fundamental","pubTime":"2023-01-09 05:30","market":"us","language":"en","title":"Apple Should Return To $3T Soon, Issues Are Temporary","url":"https://stock-news.laohu8.com/highlight/detail?id=2301979906","media":"Seeking Alpha","summary":"SummaryEarly in 2022, Apple became the first company to reach a $3T market cap, even though only ver","content":"<html><head></head><body><h2>Summary</h2><ul><li>Early in 2022, Apple became the first company to reach a $3T market cap, even though only very briefly.</li><li>A range of macroscopic headwinds brought it back to the current $2T level.</li><li>However, in my opinion, it is only a matter of time before it returns to $3T again – with style and more permanently. And the time might be sooner than you think.</li><li>Apple&#39;s transformation into a service company and the launch of its own chips are two powerful catalysts.</li><li>Massive share buybacks are even more potent thanks to the temporary stock price setbacks.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f76fcc2910499e0a4e28d7e178fd4a6\" tg-width=\"1080\" tg-height=\"756\" referrerpolicy=\"no-referrer\"/><span>nayuki</span></p><h2>Thesis</h2><p>Early in 2022 (Jan 3, 2022 to be exact, as you can see from the following chart), Apple (NASDAQ:AAPL) became the first company to reach a $3T market cap during intraday trading. Then a range of macroscopic headwinds broughtit back to the current $2T level.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3108e01a6750cb04f274eb19cbfa8b9e\" tg-width=\"640\" tg-height=\"378\" referrerpolicy=\"no-referrer\"/><span>Source: Seeking Alpha data</span></p><p>The thesis here is to explain why I see it as only a matter of time before Apple&#39;s market cap returns to $3T. And, very likely, this time it will do it with style and also on a more permanent basis. The pullbacks were largely caused by macroscopic conditions, not AAPL&#39;s products&#39; issues. Some of the key issues include the ongoing supply-chain disruptions, the persistence of COVID-19 (especially in China), high inflation, and unfavorable currency exchange rates. And I see all of these issues to be only temporary.</p><p>And the time for its market cap to climb back to $3T might be sooner than you think. Its hardware remains hugely popular and sales in pretty much all categories set a record in FY 2022 despite all the above challenges. For the year, Apple set sale records for the flagship iPhone (up 9.7% YOY to $42.6 billion), its iconic Mac line of personal computers (up 25% YOY, to $11.5 billion), and also wearables.</p><p>Besides its traditional product lines, there are at least two more powerful catalysts at work even as we speak: its transformation into a service company and its success with its own chips. And we will detail these immediately below.</p><h2>Transformation from a hardware company to a service company</h2><p>Many investors associate AAPL mostly with hardware (iPhone, Mac, et al) simply because it is so hugely successful with them. However, the main reason I am bullish on its long-term picture is its transformation into a service business. Apple&#39;s installed base of active devices set all-time highs in all of its major product divisions and geographic regions in 2022. And its services-related revenues are making up an increasingly larger portion of the total sales as seen in the chart below. To wit, according to this Trefis analysis, APPL&#39;s Services business raked in a total of $56B of revenues in FY 2020, which already is its second-largest segment and contributed about 19.5% of its total revenues. Looking forward, this segment is projected to almost double to reach sales of more than $93B.</p><p>And I think the projection is totally plausible (and you can see the details of the projection by following the link provided above). AAPL&#39;s immense installation base already laid the foundation for the rapid growth in its service revenues, which enjoy higher margins and better recurrence.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa85742a4fb10bc137e788df9f416795\" tg-width=\"640\" tg-height=\"354\" referrerpolicy=\"no-referrer\"/><span>Source: Trefis data</span></p><h2>Strategic shift to its own chips</h2><p>Another very powerful catalyst at work in my view involves AAPL&#39;s strategic launch of its own chip lines. Back in June 2022, AAPL unveiled the M2 chip, its next-generation chip following its M1 chip. The M2 chip is designed based on the SOC concept (System on a Chip) and it&#39;s developed for use in both the Macs and iPads product lines. The M2 chip design is vastly better than its M1 chip and also the Intel chip it used to deploy as its CEO Tim Cook commented in the 2022 Q2 earnings report (slightly edited and the emphases were added by me):</p><blockquote><i>Last month we announced</i> <i><b>another breakthrough with M1 Ultra, the world&#39;s most powerful chip for a personal computer.</b></i><i>The incredible customer response to our M1-powered Macs helped</i> <i><b>propel a 15% year-over-year increase in revenue, despite supply constraints. We now have our most powerful Mac lineup ever,</b></i> <i>with the addition of the entirely new Mac Studio.</i></blockquote><p>The M2 chip is more power efficient and computationally powerful at the same time. To wit, according to data from CPU Ninja, drawing the power, the M2 integrates 25% more transistors than the M1 (20 billion transistors in total) and 50% faster memory speed than M1 (up to 100GB/s) memory speed. These advancements are directly reflected in its end products such as battery life and impressive multi-threaded performance in apps like the Mac Studio Tim Cook mentioned above. Take the battery life in an M2 Mac as an example. With M2 chips, it can last up to 2x longer compared to earlier generations installed with Intel chips.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cf62438c2b31ff036eb6d1a0503ff64b\" tg-width=\"640\" tg-height=\"367\" referrerpolicy=\"no-referrer\"/><span>Source: CPU Ninja data</span></p><h2>Share buybacks are even more potent now</h2><p>Finally, AAPL&#39;s aggressive share repurchases will add another catalyst, financial catalysts in addition to the above business catalysts, to push its valuation back to $3T.</p><p>AAPL is a large buyer of its own shares in recent years as seen from the following chart. In 2014 when it first started its share repurchase program, its total shares outstanding stood at 23.5B shares (adjusted for its split). And now it stands at 16.12B as seen, translating into a total reduction of almost 1/3 (32.5% to be exact). Each AAPL shareholder now owns 1/3 more of the company than in 2014.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bcaba5cb9f0d8968d442bd7d5826f0f9\" tg-width=\"640\" tg-height=\"402\" referrerpolicy=\"no-referrer\"/><span>Source: Seeking Alpha data</span></p><p>Looking forward, AAPL&#39;s pace of repurchasing will very likely continue, and its cash flow certainly can support it with no problem. As its CFO Luca Maestri repeatedly mentioned the Board&#39;s commitment to share repurchases and AAPL&#39;s plan to become net cash neutral over time. All told, in 2022, the board has authorized an additional $90 billion for share repurchases in the years to come. And this massive $90 billion repurchases only became more potent at the current compressed valuations as illustrated in my analysis below.</p><p>The results are my projected of the share buybacks in the next few years, and my numbers are based on a few simple assumptions as detailed in my earlier articles:</p><blockquote><ul><li><i>I assumed AAPL distributes the $90B as a constant percentage of its operating cash flow, which turns out to be 78%</i></li><li><i>I assumed that AAPL profits grow at an 8% CAGR according to</i> <i>consensus estimates.</i></li><li><i>Finally, I also assumed an average repurchase price of 18.0x of its operating cash (which is about its current multiple as of this writing).</i></li></ul></blockquote><p>You can see that its total shares count would further shrink by another 19.8% in the next 5 years. And each AAPL shareholder would own ~20% of the company without really doing anything. Finally, you can see that its market cap would reach $3.0T somewhere around 2026~2027.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b8f0654b2523ceb0d881dbb2edc112a2\" tg-width=\"640\" tg-height=\"146\" referrerpolicy=\"no-referrer\"/><span>Source: Author based on Seeking Alpha data</span></p><h2>Risks and final thoughts</h2><p>To reiterate, there is indeed a range of immediate headwinds facing AAPL as aforementioned, including supply-chain congestion, the COVID-19 pandemic, inflation, and also the possible U.S. or even economic growth slowdown. These headwinds could prompt businesses and individual consumers to ease up on their discretionary spending. However, I do not see any long-term structural risks to AAPL. But these headwinds are more general and not unique to AAPL. A more unique and serious risk to AAPL is its large reliance on China.</p><p>In terms of upside risks to my above analysis, I see the assumption of an 18x cash flow multiple as too conservative. A business like AAPL should be easily worth at least 20x of its cash flow. And if its valuation indeed reverts back to 20x cash flow, this little reversion would hasten its climb back to $3T to a timeframe around 2025~2026 - you have already been warned that the time might be sooner than you think!</p></body></html>","source":"seekingalpha_fund","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>Apple Should Return To $3T Soon, Issues Are Temporary</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\">\nApple Should Return To $3T Soon, Issues Are Temporary\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-09 05:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4568559-apple-should-return-to-3t-soon-issues-temporary><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryEarly in 2022, Apple became the first company to reach a $3T market cap, even though only very briefly.A range of macroscopic headwinds brought it back to the current $2T level.However, in my ...</p>\n\n<a href=\"https://seekingalpha.com/article/4568559-apple-should-return-to-3t-soon-issues-temporary\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4571":"数字音乐概念","BK4507":"流媒体概念","BK4585":"ETF&股票定投概念","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4576":"AR","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4575":"芯片概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4566":"资本集团","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4501":"段永平概念","BK4559":"巴菲特持仓","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4550":"红杉资本持仓","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","AAPL":"苹果","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0109392836.USD":"富兰克林科技股A","BK4505":"高瓴资本持仓","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4512":"苹果概念","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4553":"喜马拉雅资本持仓","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","BK4170":"电脑硬件、储存设备及电脑周边","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0444971666.USD":"天利全球科技基金","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC"},"source_url":"https://seekingalpha.com/article/4568559-apple-should-return-to-3t-soon-issues-temporary","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2301979906","content_text":"SummaryEarly in 2022, Apple became the first company to reach a $3T market cap, even though only very briefly.A range of macroscopic headwinds brought it back to the current $2T level.However, in my opinion, it is only a matter of time before it returns to $3T again – with style and more permanently. And the time might be sooner than you think.Apple's transformation into a service company and the launch of its own chips are two powerful catalysts.Massive share buybacks are even more potent thanks to the temporary stock price setbacks.nayukiThesisEarly in 2022 (Jan 3, 2022 to be exact, as you can see from the following chart), Apple (NASDAQ:AAPL) became the first company to reach a $3T market cap during intraday trading. Then a range of macroscopic headwinds broughtit back to the current $2T level.Source: Seeking Alpha dataThe thesis here is to explain why I see it as only a matter of time before Apple's market cap returns to $3T. And, very likely, this time it will do it with style and also on a more permanent basis. The pullbacks were largely caused by macroscopic conditions, not AAPL's products' issues. Some of the key issues include the ongoing supply-chain disruptions, the persistence of COVID-19 (especially in China), high inflation, and unfavorable currency exchange rates. And I see all of these issues to be only temporary.And the time for its market cap to climb back to $3T might be sooner than you think. Its hardware remains hugely popular and sales in pretty much all categories set a record in FY 2022 despite all the above challenges. For the year, Apple set sale records for the flagship iPhone (up 9.7% YOY to $42.6 billion), its iconic Mac line of personal computers (up 25% YOY, to $11.5 billion), and also wearables.Besides its traditional product lines, there are at least two more powerful catalysts at work even as we speak: its transformation into a service company and its success with its own chips. And we will detail these immediately below.Transformation from a hardware company to a service companyMany investors associate AAPL mostly with hardware (iPhone, Mac, et al) simply because it is so hugely successful with them. However, the main reason I am bullish on its long-term picture is its transformation into a service business. Apple's installed base of active devices set all-time highs in all of its major product divisions and geographic regions in 2022. And its services-related revenues are making up an increasingly larger portion of the total sales as seen in the chart below. To wit, according to this Trefis analysis, APPL's Services business raked in a total of $56B of revenues in FY 2020, which already is its second-largest segment and contributed about 19.5% of its total revenues. Looking forward, this segment is projected to almost double to reach sales of more than $93B.And I think the projection is totally plausible (and you can see the details of the projection by following the link provided above). AAPL's immense installation base already laid the foundation for the rapid growth in its service revenues, which enjoy higher margins and better recurrence.Source: Trefis dataStrategic shift to its own chipsAnother very powerful catalyst at work in my view involves AAPL's strategic launch of its own chip lines. Back in June 2022, AAPL unveiled the M2 chip, its next-generation chip following its M1 chip. The M2 chip is designed based on the SOC concept (System on a Chip) and it's developed for use in both the Macs and iPads product lines. The M2 chip design is vastly better than its M1 chip and also the Intel chip it used to deploy as its CEO Tim Cook commented in the 2022 Q2 earnings report (slightly edited and the emphases were added by me):Last month we announced another breakthrough with M1 Ultra, the world's most powerful chip for a personal computer.The incredible customer response to our M1-powered Macs helped propel a 15% year-over-year increase in revenue, despite supply constraints. We now have our most powerful Mac lineup ever, with the addition of the entirely new Mac Studio.The M2 chip is more power efficient and computationally powerful at the same time. To wit, according to data from CPU Ninja, drawing the power, the M2 integrates 25% more transistors than the M1 (20 billion transistors in total) and 50% faster memory speed than M1 (up to 100GB/s) memory speed. These advancements are directly reflected in its end products such as battery life and impressive multi-threaded performance in apps like the Mac Studio Tim Cook mentioned above. Take the battery life in an M2 Mac as an example. With M2 chips, it can last up to 2x longer compared to earlier generations installed with Intel chips.Source: CPU Ninja dataShare buybacks are even more potent nowFinally, AAPL's aggressive share repurchases will add another catalyst, financial catalysts in addition to the above business catalysts, to push its valuation back to $3T.AAPL is a large buyer of its own shares in recent years as seen from the following chart. In 2014 when it first started its share repurchase program, its total shares outstanding stood at 23.5B shares (adjusted for its split). And now it stands at 16.12B as seen, translating into a total reduction of almost 1/3 (32.5% to be exact). Each AAPL shareholder now owns 1/3 more of the company than in 2014.Source: Seeking Alpha dataLooking forward, AAPL's pace of repurchasing will very likely continue, and its cash flow certainly can support it with no problem. As its CFO Luca Maestri repeatedly mentioned the Board's commitment to share repurchases and AAPL's plan to become net cash neutral over time. All told, in 2022, the board has authorized an additional $90 billion for share repurchases in the years to come. And this massive $90 billion repurchases only became more potent at the current compressed valuations as illustrated in my analysis below.The results are my projected of the share buybacks in the next few years, and my numbers are based on a few simple assumptions as detailed in my earlier articles:I assumed AAPL distributes the $90B as a constant percentage of its operating cash flow, which turns out to be 78%I assumed that AAPL profits grow at an 8% CAGR according to consensus estimates.Finally, I also assumed an average repurchase price of 18.0x of its operating cash (which is about its current multiple as of this writing).You can see that its total shares count would further shrink by another 19.8% in the next 5 years. And each AAPL shareholder would own ~20% of the company without really doing anything. Finally, you can see that its market cap would reach $3.0T somewhere around 2026~2027.Source: Author based on Seeking Alpha dataRisks and final thoughtsTo reiterate, there is indeed a range of immediate headwinds facing AAPL as aforementioned, including supply-chain congestion, the COVID-19 pandemic, inflation, and also the possible U.S. or even economic growth slowdown. These headwinds could prompt businesses and individual consumers to ease up on their discretionary spending. However, I do not see any long-term structural risks to AAPL. But these headwinds are more general and not unique to AAPL. A more unique and serious risk to AAPL is its large reliance on China.In terms of upside risks to my above analysis, I see the assumption of an 18x cash flow multiple as too conservative. A business like AAPL should be easily worth at least 20x of its cash flow. And if its valuation indeed reverts back to 20x cash flow, this little reversion would hasten its climb back to $3T to a timeframe around 2025~2026 - you have already been warned that the time might be sooner than you think!","news_type":1},"isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953854333,"gmtCreate":1673224045822,"gmtModify":1676538801011,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9953854333","repostId":"2302713787","repostType":4,"isVote":1,"tweetType":1,"viewCount":374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953303724,"gmtCreate":1673146127468,"gmtModify":1676538792256,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9953303724","repostId":"2301475181","repostType":4,"repost":{"id":"2301475181","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":1673140820,"share":"https://ttm.financial/m/news/2301475181?lang=&edition=fundamental","pubTime":"2023-01-08 09:20","market":"us","language":"en","title":"Earnings Season Will Test the Market’s Great Start","url":"https://stock-news.laohu8.com/highlight/detail?id=2301475181","media":"Dow Jones","summary":"Investors got their Goldilocks jobs report on Friday morning, with a growing-but-slowing labor marke","content":"<html><head></head><body><p>Investors got their Goldilocks jobs report on Friday morning, with a growing-but-slowing labor market, a tick-up in participation, and a deceleration in the pace of wage gains.</p><p>It was the kind of release that makes an oft-wished-for soft landing seem almost possible.</p><p>If job growth can continue without fueling a wage-price spiral, then perhaps it won&#39;t take a recession to break the back of inflation, especially as increases in commodities and goods prices continue to reverse. The Federal Reserve could declare victory in its inflation fight and ease off its monetary policy tightening sooner rather than later in 2023, setting off rallies across asset classes.</p><p>So goes the bullish thinking.</p><p>That narrative was on display this past Friday when stock indexes surged to end a choppy holiday-shortened week higher. The S&amp;P 500 finished the week up 1.45%, the Dow Jones Industrial Average added 1.46%, and the Nasdaq Composite ticked up 0.98%.</p><p>If all that sounds familiar, it should. The Fed has stated that it plans to increase interest rates in early 2023, then hold there for some time. Federal-funds futures pricing, however, implies a peak in rates by the spring, then cuts in the back half of 2023. It&#39;s another sign that investors expect the Fed to change its tune. They hope Friday&#39;s jobs report sent the Fed a message -- its job is almost done.</p><p><img src=\"https://static.tigerbbs.com/d8d660bff719b54ee732ddb0da0da2f9\" tg-width=\"955\" tg-height=\"636\" referrerpolicy=\"no-referrer\"/></p><p>One data point, however, won&#39;t be enough to change the Fed&#39;s mind. The market will be looking to December&#39;s consumer price index this coming Thursday as its next macro bogey -- one that will provide additional fodder for the Fed&#39;s next policy meeting in February. The rate of inflation is expected to fall to 6.5% year over year from 7.1% in November.</p><p>But it&#39;s not just about the economic data. This coming Friday brings the start of fourth-quarter earnings season, with some major companies -- JPMorgan Chase (ticker: JPM), Bank of America (BAC), UnitedHealth Group (UNH), and Delta Air Lines (DAL) among them -- kicking off the festivities. The vast majority of the S&amp;P 500 will report over the following month and a half.</p><p>Few are expecting a good fourth quarter. In aggregate, S&amp;P 500 companies are expected to report their first losing quarter since 2020. Earnings per share are forecast to decline by 2.2% year over year, to $53.87, after roughly 4.4% growth in the third quarter and 8.4% in the second quarter, per IBES data from Refinitiv. The consensus fourth-quarter outlook became much gloomier as 2022 proceeded -- at the start of last year, analysts had penciled in 14.1% year-over-year earnings growth for the period.</p><p>Analysts&#39; current estimate would bring 2022 S&amp;P 500 EPS to $219.80, which would be up 5.6% for the year. It&#39;s likely to end up a bit better than that, as most companies tend to beat consensus estimates. Revenue, though, is forecast to rise 4.1% year over year in the fourth quarter, to $3.7 trillion, and 11.2% for all of 2022, to $13.8 trillion. The fact that sales are rising but earnings are falling is a sign that corporate profit margins appear to have peaked for this cycle.</p><p>The earnings slump won&#39;t hit all companies equally. The energy and industrial sectors are expected to be outliers, delivering EPS growth of 65% and 43%, respectively, from a year earlier. Those are among the cyclically sensitive companies that suffered the most during the Covid-19 recession and are still enjoying the rebound.</p><p>On the opposite end of the spectrum are materials, where earnings are forecast to drop by 22% as prices of many industrial inputs have returned to earth; communication services, down 21% due to an expected drop in advertising spending and continued streaming losses at many media companies; and consumer discretionary, down 15% on potentially weaker spending in 2023. Tech, which makes up close to a quarter of the S&amp;P 500&#39;s EPS, is expected to show a 9% decline in earnings in the fourth quarter as wage costs balloon at many software companies, enterprise demand slows, and semiconductors remain in a downturn. Expectations are so low that the fourth-quarter results could be strong relative to forecasts.</p><p>But those beats might not matter if companies can&#39;t provide at least a decent outlook for 2023.</p><p>The bottom-up consensus -- gleaned by summing the average earnings estimates from all individual stock and sector analysts for each of the companies in the S&amp;P 500 -- is for EPS to grow by 4.4% to $229.52 in 2023, according to Refinitiv, up from about $220 in 2022. Conversely, the top-down view of Wall Street strategists surveyed by Barron&#39;s in December calls for a 2.7% decline in S&amp;P 500 profits in 2023 to an average of $214 per share.</p><p>The difference is in the profit margins. Strategists see them getting squeezed by rising wages and higher interest costs, even as the prices they charge customers moderate. That&#39;s largely in line with the Fed&#39;s view that some elements of inflation are sticky and will take time -- and economic pain -- to bring down. If that scenario plays out, the shift lower in earnings expectations would make the market appear pricier even as the Fed continues to increase interest rates.</p><p>Needless to say, that&#39;s not a winning combination for stocks -- no matter what the jobs report said.</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>Earnings Season Will Test the Market’s Great Start</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\">\nEarnings Season Will Test the Market’s Great Start\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\">2023-01-08 09:20</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Investors got their Goldilocks jobs report on Friday morning, with a growing-but-slowing labor market, a tick-up in participation, and a deceleration in the pace of wage gains.</p><p>It was the kind of release that makes an oft-wished-for soft landing seem almost possible.</p><p>If job growth can continue without fueling a wage-price spiral, then perhaps it won&#39;t take a recession to break the back of inflation, especially as increases in commodities and goods prices continue to reverse. The Federal Reserve could declare victory in its inflation fight and ease off its monetary policy tightening sooner rather than later in 2023, setting off rallies across asset classes.</p><p>So goes the bullish thinking.</p><p>That narrative was on display this past Friday when stock indexes surged to end a choppy holiday-shortened week higher. The S&amp;P 500 finished the week up 1.45%, the Dow Jones Industrial Average added 1.46%, and the Nasdaq Composite ticked up 0.98%.</p><p>If all that sounds familiar, it should. The Fed has stated that it plans to increase interest rates in early 2023, then hold there for some time. Federal-funds futures pricing, however, implies a peak in rates by the spring, then cuts in the back half of 2023. It&#39;s another sign that investors expect the Fed to change its tune. They hope Friday&#39;s jobs report sent the Fed a message -- its job is almost done.</p><p><img src=\"https://static.tigerbbs.com/d8d660bff719b54ee732ddb0da0da2f9\" tg-width=\"955\" tg-height=\"636\" referrerpolicy=\"no-referrer\"/></p><p>One data point, however, won&#39;t be enough to change the Fed&#39;s mind. The market will be looking to December&#39;s consumer price index this coming Thursday as its next macro bogey -- one that will provide additional fodder for the Fed&#39;s next policy meeting in February. The rate of inflation is expected to fall to 6.5% year over year from 7.1% in November.</p><p>But it&#39;s not just about the economic data. This coming Friday brings the start of fourth-quarter earnings season, with some major companies -- JPMorgan Chase (ticker: JPM), Bank of America (BAC), UnitedHealth Group (UNH), and Delta Air Lines (DAL) among them -- kicking off the festivities. The vast majority of the S&amp;P 500 will report over the following month and a half.</p><p>Few are expecting a good fourth quarter. In aggregate, S&amp;P 500 companies are expected to report their first losing quarter since 2020. Earnings per share are forecast to decline by 2.2% year over year, to $53.87, after roughly 4.4% growth in the third quarter and 8.4% in the second quarter, per IBES data from Refinitiv. The consensus fourth-quarter outlook became much gloomier as 2022 proceeded -- at the start of last year, analysts had penciled in 14.1% year-over-year earnings growth for the period.</p><p>Analysts&#39; current estimate would bring 2022 S&amp;P 500 EPS to $219.80, which would be up 5.6% for the year. It&#39;s likely to end up a bit better than that, as most companies tend to beat consensus estimates. Revenue, though, is forecast to rise 4.1% year over year in the fourth quarter, to $3.7 trillion, and 11.2% for all of 2022, to $13.8 trillion. The fact that sales are rising but earnings are falling is a sign that corporate profit margins appear to have peaked for this cycle.</p><p>The earnings slump won&#39;t hit all companies equally. The energy and industrial sectors are expected to be outliers, delivering EPS growth of 65% and 43%, respectively, from a year earlier. Those are among the cyclically sensitive companies that suffered the most during the Covid-19 recession and are still enjoying the rebound.</p><p>On the opposite end of the spectrum are materials, where earnings are forecast to drop by 22% as prices of many industrial inputs have returned to earth; communication services, down 21% due to an expected drop in advertising spending and continued streaming losses at many media companies; and consumer discretionary, down 15% on potentially weaker spending in 2023. Tech, which makes up close to a quarter of the S&amp;P 500&#39;s EPS, is expected to show a 9% decline in earnings in the fourth quarter as wage costs balloon at many software companies, enterprise demand slows, and semiconductors remain in a downturn. Expectations are so low that the fourth-quarter results could be strong relative to forecasts.</p><p>But those beats might not matter if companies can&#39;t provide at least a decent outlook for 2023.</p><p>The bottom-up consensus -- gleaned by summing the average earnings estimates from all individual stock and sector analysts for each of the companies in the S&amp;P 500 -- is for EPS to grow by 4.4% to $229.52 in 2023, according to Refinitiv, up from about $220 in 2022. Conversely, the top-down view of Wall Street strategists surveyed by Barron&#39;s in December calls for a 2.7% decline in S&amp;P 500 profits in 2023 to an average of $214 per share.</p><p>The difference is in the profit margins. Strategists see them getting squeezed by rising wages and higher interest costs, even as the prices they charge customers moderate. That&#39;s largely in line with the Fed&#39;s view that some elements of inflation are sticky and will take time -- and economic pain -- to bring down. If that scenario plays out, the shift lower in earnings expectations would make the market appear pricier even as the Fed continues to increase interest rates.</p><p>Needless to say, that&#39;s not a winning combination for stocks -- no matter what the jobs report said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","DAL":"达美航空","BAC":"美国银行","UNH":"联合健康",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2301475181","content_text":"Investors got their Goldilocks jobs report on Friday morning, with a growing-but-slowing labor market, a tick-up in participation, and a deceleration in the pace of wage gains.It was the kind of release that makes an oft-wished-for soft landing seem almost possible.If job growth can continue without fueling a wage-price spiral, then perhaps it won't take a recession to break the back of inflation, especially as increases in commodities and goods prices continue to reverse. The Federal Reserve could declare victory in its inflation fight and ease off its monetary policy tightening sooner rather than later in 2023, setting off rallies across asset classes.So goes the bullish thinking.That narrative was on display this past Friday when stock indexes surged to end a choppy holiday-shortened week higher. The S&P 500 finished the week up 1.45%, the Dow Jones Industrial Average added 1.46%, and the Nasdaq Composite ticked up 0.98%.If all that sounds familiar, it should. The Fed has stated that it plans to increase interest rates in early 2023, then hold there for some time. Federal-funds futures pricing, however, implies a peak in rates by the spring, then cuts in the back half of 2023. It's another sign that investors expect the Fed to change its tune. They hope Friday's jobs report sent the Fed a message -- its job is almost done.One data point, however, won't be enough to change the Fed's mind. The market will be looking to December's consumer price index this coming Thursday as its next macro bogey -- one that will provide additional fodder for the Fed's next policy meeting in February. The rate of inflation is expected to fall to 6.5% year over year from 7.1% in November.But it's not just about the economic data. This coming Friday brings the start of fourth-quarter earnings season, with some major companies -- JPMorgan Chase (ticker: JPM), Bank of America (BAC), UnitedHealth Group (UNH), and Delta Air Lines (DAL) among them -- kicking off the festivities. The vast majority of the S&P 500 will report over the following month and a half.Few are expecting a good fourth quarter. In aggregate, S&P 500 companies are expected to report their first losing quarter since 2020. Earnings per share are forecast to decline by 2.2% year over year, to $53.87, after roughly 4.4% growth in the third quarter and 8.4% in the second quarter, per IBES data from Refinitiv. The consensus fourth-quarter outlook became much gloomier as 2022 proceeded -- at the start of last year, analysts had penciled in 14.1% year-over-year earnings growth for the period.Analysts' current estimate would bring 2022 S&P 500 EPS to $219.80, which would be up 5.6% for the year. It's likely to end up a bit better than that, as most companies tend to beat consensus estimates. Revenue, though, is forecast to rise 4.1% year over year in the fourth quarter, to $3.7 trillion, and 11.2% for all of 2022, to $13.8 trillion. The fact that sales are rising but earnings are falling is a sign that corporate profit margins appear to have peaked for this cycle.The earnings slump won't hit all companies equally. The energy and industrial sectors are expected to be outliers, delivering EPS growth of 65% and 43%, respectively, from a year earlier. Those are among the cyclically sensitive companies that suffered the most during the Covid-19 recession and are still enjoying the rebound.On the opposite end of the spectrum are materials, where earnings are forecast to drop by 22% as prices of many industrial inputs have returned to earth; communication services, down 21% due to an expected drop in advertising spending and continued streaming losses at many media companies; and consumer discretionary, down 15% on potentially weaker spending in 2023. Tech, which makes up close to a quarter of the S&P 500's EPS, is expected to show a 9% decline in earnings in the fourth quarter as wage costs balloon at many software companies, enterprise demand slows, and semiconductors remain in a downturn. Expectations are so low that the fourth-quarter results could be strong relative to forecasts.But those beats might not matter if companies can't provide at least a decent outlook for 2023.The bottom-up consensus -- gleaned by summing the average earnings estimates from all individual stock and sector analysts for each of the companies in the S&P 500 -- is for EPS to grow by 4.4% to $229.52 in 2023, according to Refinitiv, up from about $220 in 2022. Conversely, the top-down view of Wall Street strategists surveyed by Barron's in December calls for a 2.7% decline in S&P 500 profits in 2023 to an average of $214 per share.The difference is in the profit margins. Strategists see them getting squeezed by rising wages and higher interest costs, even as the prices they charge customers moderate. That's largely in line with the Fed's view that some elements of inflation are sticky and will take time -- and economic pain -- to bring down. If that scenario plays out, the shift lower in earnings expectations would make the market appear pricier even as the Fed continues to increase interest rates.Needless to say, that's not a winning combination for stocks -- no matter what the jobs report said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959458416,"gmtCreate":1673055551035,"gmtModify":1676538781339,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"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":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9959458416","repostId":"2301201542","repostType":4,"repost":{"id":"2301201542","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1673046009,"share":"https://ttm.financial/m/news/2301201542?lang=&edition=fundamental","pubTime":"2023-01-07 07:00","market":"us","language":"en","title":"Wall St Rallies As Jobs, Services Data Calm Rate Hike Worries","url":"https://stock-news.laohu8.com/highlight/detail?id=2301201542","media":"Reuters","summary":"* U.S. December payrolls up 223,000 vs est 200,000* Dec. non-manufacturing PMI 49.6 vs November's 56","content":"<html><head></head><body><p>* U.S. December payrolls up 223,000 vs est 200,000</p><p>* Dec. non-manufacturing PMI 49.6 vs November&#39;s 56.5 read</p><p>* Biogen closes higher as FDA approves Alzheimer&#39;s drug</p><p>* Indexes up: Dow 2.13%, S&amp;P 2.28%, Nasdaq 2.56%</p><p>Jan 6 (Reuters) - Wall Street&#39;s main indexes all gained more than 2% on Friday after December payrolls expanded more than expected even as wage increases slowed and services activity contracted, easing worries about the Federal Reserve&#39;s interest rate hiking path.</p><p>U.S. nonfarm payrolls rose by 223,000 jobs in December, Labor Department data showed, while a 0.3% rise in average earnings was smaller than expected and less than the previous month&#39;s 0.4%.</p><p>In another set of data, U.S. services activity declined for the first time in more than 2-1/2 years in December as demand weakened, with more signs of inflation easing.</p><p>&#34;We got good news on the inflation front with wage gains that are slowing. We got participation rates pick up again and yet we&#39;re still creating jobs. It&#39;s a kind of a win-win for the economy. And on the other side the ISM services report was really weak and broadly weak,&#34; said Megan Horneman, chief investment officer at Verdence Capital Management in Hunt Valley, Maryland.</p><p>&#34;That&#39;s basically making people think the Fed is nearing the end of what&#39;s been one of the most aggressive tightening cycles we&#39;ve seen in decades. That&#39;s why the markets are taking off.&#34;</p><p>The Dow Jones Industrial Average rose 700.53 points, or 2.13%, to 33,630.61; the S&amp;P 500 gained 86.98 points, or 2.28%, at 3,895.08; and the Nasdaq Composite added 264.05 points, or 2.56%, at 10,569.29.</p><p>Friday&#39;s rally boosted the benchmark S&amp;P and the Nasdaq enough to snap four weeks of declines. For the holiday-shortened week, the S&amp;P rose 1.45% while the Nasdaq added 0.98% and the Dow advanced by 1.46%.</p><p>For the gains, John Augustine, chief investment officer at Huntington National Bank in Columbus, Ohio, pointed to a calming of anxiety that the Fed would raise rates so much that it causes a recession.</p><p>&#34;Today&#39;s reports may alleviate that pressure to force a recession. They may already have slowed down the economy enough. They just need validation from inflation reports.&#34;</p><p>Still the Fed last month projected an a interest rate target peak of around 5% and said it would keep rates high until inflation is where it wants it to be.</p><p>Fed officials on Friday acknowledged cooling wage growth and other signs of a gradually slowing economy, with Atlanta President Raphael Bostic hinting at the chance of a quarter percentage point hike at the next policy meeting.</p><p>But Huntington&#39;s Augustine said the central bank needs to see further slowing of price increases in the December inflation report, due out on Thursday, before deciding whether to slow its next rate hike. It raised rates 50 basis points in December.</p><p>Also next week several of the biggest U.S. banks including JPMorgan and Bank of America will kick off the fourth-quarter earnings season on Friday.</p><p>&#34;That&#39;s the part of the puzzle people haven&#39;t been able to figure out. How much should earnings estimates be cut for the calendar year or have they been cut enough?&#34; said Horneman at Verdence.</p><p>All the major S&amp;P 500 indexes gained with materials&#39; 3.44% increase leading the pack. Interest-rate sensitive technology was next with a 2.99% gain.</p><p>The weakest sector was healthcare, which rose 0.89% followed by energy&#39;s 1.68% increase.</p><p>Consumer staples was boosted by Costco Wholesale Corp, whose shares jumped 7% after the membership-only retailer reported strong December sales growth.</p><p>Shares in Biogen Inc closed up 2.8% after the U.S. Food and Drug Administration on Friday approved the Alzheimer&#39;s drug lecanemab developed by Eisai Co Ltd and Biogen for patients in the earliest stages of the disease. Eisai&#39;s U.S. shares closed up 4% at $64.20.</p><p>Pfizer Inc shares advanced 2.5% after reports of talks with China to secure a license that will allow domestic drugmakers to manufacture and distribute a generic version of the U.S. company&#39;s COVID-19 antiviral drug Paxlovid in China.</p><p>Bed Bath &amp; Beyond Inc tumbled 22% after Reuters reported that the home goods retailer was preparing to seek bankruptcy protection in coming weeks.</p><p>Advancing issues outnumbered decliners on the NYSE by a 6.69-to-1 ratio; on Nasdaq, a 2.59-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 18 new 52-week highs and five new lows; the Nasdaq Composite recorded 97 new highs and 65 new lows.</p><p>On U.S. exchanges 11.15 billion shares changed hands compared with the 10.84 billion average for the full session over the last 20 trading days.</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>Wall St Rallies As Jobs, Services Data Calm Rate Hike Worries</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\">\nWall St Rallies As Jobs, Services Data Calm Rate Hike Worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-01-07 07:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* U.S. December payrolls up 223,000 vs est 200,000</p><p>* Dec. non-manufacturing PMI 49.6 vs November&#39;s 56.5 read</p><p>* Biogen closes higher as FDA approves Alzheimer&#39;s drug</p><p>* Indexes up: Dow 2.13%, S&amp;P 2.28%, Nasdaq 2.56%</p><p>Jan 6 (Reuters) - Wall Street&#39;s main indexes all gained more than 2% on Friday after December payrolls expanded more than expected even as wage increases slowed and services activity contracted, easing worries about the Federal Reserve&#39;s interest rate hiking path.</p><p>U.S. nonfarm payrolls rose by 223,000 jobs in December, Labor Department data showed, while a 0.3% rise in average earnings was smaller than expected and less than the previous month&#39;s 0.4%.</p><p>In another set of data, U.S. services activity declined for the first time in more than 2-1/2 years in December as demand weakened, with more signs of inflation easing.</p><p>&#34;We got good news on the inflation front with wage gains that are slowing. We got participation rates pick up again and yet we&#39;re still creating jobs. It&#39;s a kind of a win-win for the economy. And on the other side the ISM services report was really weak and broadly weak,&#34; said Megan Horneman, chief investment officer at Verdence Capital Management in Hunt Valley, Maryland.</p><p>&#34;That&#39;s basically making people think the Fed is nearing the end of what&#39;s been one of the most aggressive tightening cycles we&#39;ve seen in decades. That&#39;s why the markets are taking off.&#34;</p><p>The Dow Jones Industrial Average rose 700.53 points, or 2.13%, to 33,630.61; the S&amp;P 500 gained 86.98 points, or 2.28%, at 3,895.08; and the Nasdaq Composite added 264.05 points, or 2.56%, at 10,569.29.</p><p>Friday&#39;s rally boosted the benchmark S&amp;P and the Nasdaq enough to snap four weeks of declines. For the holiday-shortened week, the S&amp;P rose 1.45% while the Nasdaq added 0.98% and the Dow advanced by 1.46%.</p><p>For the gains, John Augustine, chief investment officer at Huntington National Bank in Columbus, Ohio, pointed to a calming of anxiety that the Fed would raise rates so much that it causes a recession.</p><p>&#34;Today&#39;s reports may alleviate that pressure to force a recession. They may already have slowed down the economy enough. They just need validation from inflation reports.&#34;</p><p>Still the Fed last month projected an a interest rate target peak of around 5% and said it would keep rates high until inflation is where it wants it to be.</p><p>Fed officials on Friday acknowledged cooling wage growth and other signs of a gradually slowing economy, with Atlanta President Raphael Bostic hinting at the chance of a quarter percentage point hike at the next policy meeting.</p><p>But Huntington&#39;s Augustine said the central bank needs to see further slowing of price increases in the December inflation report, due out on Thursday, before deciding whether to slow its next rate hike. It raised rates 50 basis points in December.</p><p>Also next week several of the biggest U.S. banks including JPMorgan and Bank of America will kick off the fourth-quarter earnings season on Friday.</p><p>&#34;That&#39;s the part of the puzzle people haven&#39;t been able to figure out. How much should earnings estimates be cut for the calendar year or have they been cut enough?&#34; said Horneman at Verdence.</p><p>All the major S&amp;P 500 indexes gained with materials&#39; 3.44% increase leading the pack. Interest-rate sensitive technology was next with a 2.99% gain.</p><p>The weakest sector was healthcare, which rose 0.89% followed by energy&#39;s 1.68% increase.</p><p>Consumer staples was boosted by Costco Wholesale Corp, whose shares jumped 7% after the membership-only retailer reported strong December sales growth.</p><p>Shares in Biogen Inc closed up 2.8% after the U.S. Food and Drug Administration on Friday approved the Alzheimer&#39;s drug lecanemab developed by Eisai Co Ltd and Biogen for patients in the earliest stages of the disease. Eisai&#39;s U.S. shares closed up 4% at $64.20.</p><p>Pfizer Inc shares advanced 2.5% after reports of talks with China to secure a license that will allow domestic drugmakers to manufacture and distribute a generic version of the U.S. company&#39;s COVID-19 antiviral drug Paxlovid in China.</p><p>Bed Bath &amp; Beyond Inc tumbled 22% after Reuters reported that the home goods retailer was preparing to seek bankruptcy protection in coming weeks.</p><p>Advancing issues outnumbered decliners on the NYSE by a 6.69-to-1 ratio; on Nasdaq, a 2.59-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 18 new 52-week highs and five new lows; the Nasdaq Composite recorded 97 new highs and 65 new lows.</p><p>On U.S. exchanges 11.15 billion shares changed hands compared with the 10.84 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","BIIB":"渤健公司","BK4550":"红杉资本持仓","COST":"好市多","SQQQ":"纳指三倍做空ETF","SPY":"标普500ETF","BK4581":"高盛持仓","BK4504":"桥水持仓","BBBY":"3B家居","LU0109394709.USD":"富兰克林生物科技新领域基金A (acc)","LU0889565916.HKD":"FRANKLIN BIOTECHNOLOGY DISCOVERY \"A\" (HKD) ACC",".DJI":"道琼斯","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0320765992.SGD":"FTIF - Franklin Biotechnology Discovery A Acc SGD",".IXIC":"NASDAQ Composite","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC",".SPX":"S&P 500 Index","BK4532":"文艺复兴科技持仓","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","BK4534":"瑞士信贷持仓","TQQQ":"纳指三倍做多ETF","BK4585":"ETF&股票定投概念","BK4139":"生物科技","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4007":"制药","COMP":"Compass, Inc.","BK4196":"保健护理服务","BK4082":"医疗保健设备","SSO":"两倍做多标普500ETF","BK4559":"巴菲特持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2301201542","content_text":"* U.S. December payrolls up 223,000 vs est 200,000* Dec. non-manufacturing PMI 49.6 vs November's 56.5 read* Biogen closes higher as FDA approves Alzheimer's drug* Indexes up: Dow 2.13%, S&P 2.28%, Nasdaq 2.56%Jan 6 (Reuters) - Wall Street's main indexes all gained more than 2% on Friday after December payrolls expanded more than expected even as wage increases slowed and services activity contracted, easing worries about the Federal Reserve's interest rate hiking path.U.S. nonfarm payrolls rose by 223,000 jobs in December, Labor Department data showed, while a 0.3% rise in average earnings was smaller than expected and less than the previous month's 0.4%.In another set of data, U.S. services activity declined for the first time in more than 2-1/2 years in December as demand weakened, with more signs of inflation easing.\"We got good news on the inflation front with wage gains that are slowing. We got participation rates pick up again and yet we're still creating jobs. It's a kind of a win-win for the economy. And on the other side the ISM services report was really weak and broadly weak,\" said Megan Horneman, chief investment officer at Verdence Capital Management in Hunt Valley, Maryland.\"That's basically making people think the Fed is nearing the end of what's been one of the most aggressive tightening cycles we've seen in decades. That's why the markets are taking off.\"The Dow Jones Industrial Average rose 700.53 points, or 2.13%, to 33,630.61; the S&P 500 gained 86.98 points, or 2.28%, at 3,895.08; and the Nasdaq Composite added 264.05 points, or 2.56%, at 10,569.29.Friday's rally boosted the benchmark S&P and the Nasdaq enough to snap four weeks of declines. For the holiday-shortened week, the S&P rose 1.45% while the Nasdaq added 0.98% and the Dow advanced by 1.46%.For the gains, John Augustine, chief investment officer at Huntington National Bank in Columbus, Ohio, pointed to a calming of anxiety that the Fed would raise rates so much that it causes a recession.\"Today's reports may alleviate that pressure to force a recession. They may already have slowed down the economy enough. They just need validation from inflation reports.\"Still the Fed last month projected an a interest rate target peak of around 5% and said it would keep rates high until inflation is where it wants it to be.Fed officials on Friday acknowledged cooling wage growth and other signs of a gradually slowing economy, with Atlanta President Raphael Bostic hinting at the chance of a quarter percentage point hike at the next policy meeting.But Huntington's Augustine said the central bank needs to see further slowing of price increases in the December inflation report, due out on Thursday, before deciding whether to slow its next rate hike. It raised rates 50 basis points in December.Also next week several of the biggest U.S. banks including JPMorgan and Bank of America will kick off the fourth-quarter earnings season on Friday.\"That's the part of the puzzle people haven't been able to figure out. How much should earnings estimates be cut for the calendar year or have they been cut enough?\" said Horneman at Verdence.All the major S&P 500 indexes gained with materials' 3.44% increase leading the pack. Interest-rate sensitive technology was next with a 2.99% gain.The weakest sector was healthcare, which rose 0.89% followed by energy's 1.68% increase.Consumer staples was boosted by Costco Wholesale Corp, whose shares jumped 7% after the membership-only retailer reported strong December sales growth.Shares in Biogen Inc closed up 2.8% after the U.S. Food and Drug Administration on Friday approved the Alzheimer's drug lecanemab developed by Eisai Co Ltd and Biogen for patients in the earliest stages of the disease. Eisai's U.S. shares closed up 4% at $64.20.Pfizer Inc shares advanced 2.5% after reports of talks with China to secure a license that will allow domestic drugmakers to manufacture and distribute a generic version of the U.S. company's COVID-19 antiviral drug Paxlovid in China.Bed Bath & Beyond Inc tumbled 22% after Reuters reported that the home goods retailer was preparing to seek bankruptcy protection in coming weeks.Advancing issues outnumbered decliners on the NYSE by a 6.69-to-1 ratio; on Nasdaq, a 2.59-to-1 ratio favored advancers.The S&P 500 posted 18 new 52-week highs and five new lows; the Nasdaq Composite recorded 97 new highs and 65 new lows.On U.S. exchanges 11.15 billion shares changed hands compared with the 10.84 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959458268,"gmtCreate":1673055543255,"gmtModify":1676538781333,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9959458268","repostId":"1182738834","repostType":4,"repost":{"id":"1182738834","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1673048145,"share":"https://ttm.financial/m/news/1182738834?lang=&edition=fundamental","pubTime":"2023-01-07 07:35","market":"us","language":"en","title":"Bed Bath & Beyond, Fate, WWE, Greenbrier, and More Stock Market Movers","url":"https://stock-news.laohu8.com/highlight/detail?id=1182738834","media":"Dow Jones","summary":"Stocks traded sharply higher Friday after the U.S. jobs report for December topped expectations, but","content":"<html><head></head><body><p>Stocks traded sharply higher Friday after the U.S. jobs report for December topped expectations, but there were some signs of weakening in the labor market.</p><p>These stocks made moves Friday:</p><p><b>Bed Bath &amp; Beyond (ticker: BBBY)</b> is preparing to file for bankruptcy within weeks, The Wall Street Journal reported, citing people with knowledge of the matter.</p><p>The struggling retailer warned Thursday there was “substantial doubt about the company’s ability to continue.” It issued preliminary fiscal third-quarter sales of $1.26 billion, down 33% from a year earlier.</p><p>The stock fell nearly 30% on Thursday. On Friday, it was down another 22% to $1.33.</p><p><b>Fate Therapeutics (FATE)</b> sank 61% after the stem-cell company ended a collaboration with Janssen Biotech and said it was cutting its work force. Analysts on Wall Street downgraded the stock.</p><p><b>World Wrestling Entertainment</b><b> (WWE) </b>jumped 17% after a new filing revealed Vince McMahon, the majority owner and former chief executive of the company, will be added to the company’s board, effective immediately, and WWE said it was exploring “strategic alternatives.” McMahon retired last summer amid a misconduct probe.</p><p><b>Greenbrier </b><b>(GBX) </b>shares sank 18% after the maker of freight rail cars and marine barges posted a significant first-quarter earnings miss.</p><p><b>Silvergate Capital </b><b>(SI)</b> dropped 2.8% Friday—after plunging nearly 43% on Thursday—following the crypto bank’s disclosures that deposits dropped by $8.1 billion in the fourth quarter. Analysts at J.P. Morgan downgraded Silvergate to Neutral from Overweight with a price target of $14, down from $30.</p><p>“There is no way to sugar coat that what the company released as the preliminary results were far worse than we expected and with near- as well as longer-term implications to the business,” analysts led by Steven Alexopoulos at J.P. Morgan wrote in a note on Friday.</p><p><b>Costco </b><b>(COST)</b> gained 7.3% after the warehouse retailer said net sales in December jumped 7% to $23.8 billion, while same-store sales rose 5.5%.</p><p><b>Sunrun </b><b>(RUN)</b>, <b>Sunnova Energy</b> <b>(NOVA)</b> and <b>First Solar </b><b>(FSLR)</b> wer eupgraded to Overweight from Equal Weight by an analyst at Wells Fargo who said he was confident in the future of clean energy. Sunrun gained 2.1%, Sunnova was up 3.3%, and First Solar gained 7.8%.</p><p><b>Baxter International </b><b>(BAX)</b> shares dropped 7.8%. The medical equipment company said in a filing that it plans to spin off its renal care and acute therapies businesses into a publicly traded company. Shares of Baxter were downgraded to Equal Weight from Overweight by analysts at Morgan Stanley.</p><p><b>Tesla </b><b>(TSLA)</b> rose 2.5%. The electric-vehicle maker has slashed prices in China for the second time in three months. On Thursday,Tesla said it delivered fewer cars made in China in December than it did the prior month.</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>Bed Bath & Beyond, Fate, WWE, Greenbrier, and More Stock Market Movers</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\">\nBed Bath & Beyond, Fate, WWE, Greenbrier, and More Stock Market Movers\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\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\">2023-01-07 07:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks traded sharply higher Friday after the U.S. jobs report for December topped expectations, but there were some signs of weakening in the labor market.</p><p>These stocks made moves Friday:</p><p><b>Bed Bath &amp; Beyond (ticker: BBBY)</b> is preparing to file for bankruptcy within weeks, The Wall Street Journal reported, citing people with knowledge of the matter.</p><p>The struggling retailer warned Thursday there was “substantial doubt about the company’s ability to continue.” It issued preliminary fiscal third-quarter sales of $1.26 billion, down 33% from a year earlier.</p><p>The stock fell nearly 30% on Thursday. On Friday, it was down another 22% to $1.33.</p><p><b>Fate Therapeutics (FATE)</b> sank 61% after the stem-cell company ended a collaboration with Janssen Biotech and said it was cutting its work force. Analysts on Wall Street downgraded the stock.</p><p><b>World Wrestling Entertainment</b><b> (WWE) </b>jumped 17% after a new filing revealed Vince McMahon, the majority owner and former chief executive of the company, will be added to the company’s board, effective immediately, and WWE said it was exploring “strategic alternatives.” McMahon retired last summer amid a misconduct probe.</p><p><b>Greenbrier </b><b>(GBX) </b>shares sank 18% after the maker of freight rail cars and marine barges posted a significant first-quarter earnings miss.</p><p><b>Silvergate Capital </b><b>(SI)</b> dropped 2.8% Friday—after plunging nearly 43% on Thursday—following the crypto bank’s disclosures that deposits dropped by $8.1 billion in the fourth quarter. Analysts at J.P. Morgan downgraded Silvergate to Neutral from Overweight with a price target of $14, down from $30.</p><p>“There is no way to sugar coat that what the company released as the preliminary results were far worse than we expected and with near- as well as longer-term implications to the business,” analysts led by Steven Alexopoulos at J.P. Morgan wrote in a note on Friday.</p><p><b>Costco </b><b>(COST)</b> gained 7.3% after the warehouse retailer said net sales in December jumped 7% to $23.8 billion, while same-store sales rose 5.5%.</p><p><b>Sunrun </b><b>(RUN)</b>, <b>Sunnova Energy</b> <b>(NOVA)</b> and <b>First Solar </b><b>(FSLR)</b> wer eupgraded to Overweight from Equal Weight by an analyst at Wells Fargo who said he was confident in the future of clean energy. Sunrun gained 2.1%, Sunnova was up 3.3%, and First Solar gained 7.8%.</p><p><b>Baxter International </b><b>(BAX)</b> shares dropped 7.8%. The medical equipment company said in a filing that it plans to spin off its renal care and acute therapies businesses into a publicly traded company. Shares of Baxter were downgraded to Equal Weight from Overweight by analysts at Morgan Stanley.</p><p><b>Tesla </b><b>(TSLA)</b> rose 2.5%. The electric-vehicle maker has slashed prices in China for the second time in three months. On Thursday,Tesla said it delivered fewer cars made in China in December than it did the prior month.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居","RUN":"Sunrun Inc.","FATE":"Fate Therapeutics Inc","TSLA":"特斯拉","COST":"好市多","BAX":"百特国际","NOVA":"Sunnova Energy International Inc.","FSLR":"第一太阳能","GBX":"格林布赖尔"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182738834","content_text":"Stocks traded sharply higher Friday after the U.S. jobs report for December topped expectations, but there were some signs of weakening in the labor market.These stocks made moves Friday:Bed Bath & Beyond (ticker: BBBY) is preparing to file for bankruptcy within weeks, The Wall Street Journal reported, citing people with knowledge of the matter.The struggling retailer warned Thursday there was “substantial doubt about the company’s ability to continue.” It issued preliminary fiscal third-quarter sales of $1.26 billion, down 33% from a year earlier.The stock fell nearly 30% on Thursday. On Friday, it was down another 22% to $1.33.Fate Therapeutics (FATE) sank 61% after the stem-cell company ended a collaboration with Janssen Biotech and said it was cutting its work force. Analysts on Wall Street downgraded the stock.World Wrestling Entertainment (WWE) jumped 17% after a new filing revealed Vince McMahon, the majority owner and former chief executive of the company, will be added to the company’s board, effective immediately, and WWE said it was exploring “strategic alternatives.” McMahon retired last summer amid a misconduct probe.Greenbrier (GBX) shares sank 18% after the maker of freight rail cars and marine barges posted a significant first-quarter earnings miss.Silvergate Capital (SI) dropped 2.8% Friday—after plunging nearly 43% on Thursday—following the crypto bank’s disclosures that deposits dropped by $8.1 billion in the fourth quarter. Analysts at J.P. Morgan downgraded Silvergate to Neutral from Overweight with a price target of $14, down from $30.“There is no way to sugar coat that what the company released as the preliminary results were far worse than we expected and with near- as well as longer-term implications to the business,” analysts led by Steven Alexopoulos at J.P. Morgan wrote in a note on Friday.Costco (COST) gained 7.3% after the warehouse retailer said net sales in December jumped 7% to $23.8 billion, while same-store sales rose 5.5%.Sunrun (RUN), Sunnova Energy (NOVA) and First Solar (FSLR) wer eupgraded to Overweight from Equal Weight by an analyst at Wells Fargo who said he was confident in the future of clean energy. Sunrun gained 2.1%, Sunnova was up 3.3%, and First Solar gained 7.8%.Baxter International (BAX) shares dropped 7.8%. The medical equipment company said in a filing that it plans to spin off its renal care and acute therapies businesses into a publicly traded company. Shares of Baxter were downgraded to Equal Weight from Overweight by analysts at Morgan Stanley.Tesla (TSLA) rose 2.5%. The electric-vehicle maker has slashed prices in China for the second time in three months. On Thursday,Tesla said it delivered fewer cars made in China in December than it did the prior month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959458133,"gmtCreate":1673055529222,"gmtModify":1676538781325,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9959458133","repostId":"2301724633","repostType":4,"isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959662940,"gmtCreate":1672973046080,"gmtModify":1676538765115,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9959662940","repostId":"2301829976","repostType":4,"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959918890,"gmtCreate":1672877972710,"gmtModify":1676538751653,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9959918890","repostId":"2301405863","repostType":4,"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9969244710,"gmtCreate":1668469419131,"gmtModify":1676538060200,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9969244710","repostId":"2283238028","repostType":4,"repost":{"id":"2283238028","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1668461614,"share":"https://ttm.financial/m/news/2283238028?lang=&edition=fundamental","pubTime":"2022-11-15 05:33","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Lower As Investors Gauge Fed's Policy Path","url":"https://stock-news.laohu8.com/highlight/detail?id=2283238028","media":"Reuters","summary":"(Reuters) - Wall Street's main indexes ended lower on Monday, with real estate and discretionary sec","content":"<html><head></head><body><p>(Reuters) - Wall Street&#39;s main indexes ended lower on Monday, with real estate and discretionary sectors leading broad declines, as investors digested comments from U.S. Federal Reserve officials about plans for interest rate hikes and looked for next catalysts after last week&#39;s big stock market rally.</p><p>Losses accelerated toward the end of the up-and-down session, with focus turning to Tuesday&#39;s producer price index report and markets highly sensitive to inflation data.</p><p>Earlier on Monday, Fed Vice Chair Lael Brainard signaled that the central bank would will likely soon slow its interest rates hikes. Her comments somewhat buoyed sentiment for equities that had been dampened after Federal Reserve Gov. Christopher Waller on Sunday said the Fed may consider slowing the pace of increases at its next meeting but that should not be seen as a &#34;softening&#34; in its commitment to lower inflation.</p><p>A massive equity rally late last week was set off by a softer-than-expected inflation report that boosted investor hopes the Fed could dial back on its monetary tightening that has punished markets this year.</p><p>“There is still a sensitivity to Fed speak... One was a little hawkish, one was a little dovish,” said Eric Kuby, chief investment officer at North Star Investment Management Corp.</p><p>The Dow Jones Industrial Average fell 211.16 points, or 0.63%, to 33,536.7, the S&amp;P 500 lost 35.68 points, or 0.89%, to 3,957.25 and the Nasdaq Composite dropped 127.11 points, or 1.12%, to 11,196.22.</p><p>The S&amp;P 500 last week posted its biggest weekly percentage gain since late June, while the tech-heavy Nasdaq    notched its best week since March.</p><p>More Fed officials are due to speak later this week along with a slew of data, including on retail sales and housing, and earnings reports from major retailers.</p><p>&#34;It just makes sense the market wants to pause and really both try to make sense of the trajectory (of Fed policy) and what the next drivers are going to be,” said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.</p><p>Among S&amp;P 500 sectors, real estate    fell 2.7%, consumer discretionary    dropped 1.7% and financials declined 1.5%.</p><p>In company news, Amazon shares fell 2.3% as The New York Times on Monday reported the company was planning to lay off about 10,000 people in corporate and technology jobs starting as soon as this week.</p><p>Shares of Biogen Inc and Eli Lilly gained 3.3% and 1.3%, respectively, after the failure of Swiss rival Roche&#39;s Alzheimer&#39;s disease drug candidate.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.23-to-1 ratio; on Nasdaq, a 1.61-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 15 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 72 new highs and 74 new lows.</p><p>About 11.5 billion shares changed hands in U.S. exchanges, compared with the 12.1 billion daily average over the last 20 sessions.</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>US STOCKS-Wall Street Ends Lower As Investors Gauge Fed's Policy Path</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\">\nUS STOCKS-Wall Street Ends Lower As Investors Gauge Fed's Policy Path\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-11-15 05:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Wall Street&#39;s main indexes ended lower on Monday, with real estate and discretionary sectors leading broad declines, as investors digested comments from U.S. Federal Reserve officials about plans for interest rate hikes and looked for next catalysts after last week&#39;s big stock market rally.</p><p>Losses accelerated toward the end of the up-and-down session, with focus turning to Tuesday&#39;s producer price index report and markets highly sensitive to inflation data.</p><p>Earlier on Monday, Fed Vice Chair Lael Brainard signaled that the central bank would will likely soon slow its interest rates hikes. Her comments somewhat buoyed sentiment for equities that had been dampened after Federal Reserve Gov. Christopher Waller on Sunday said the Fed may consider slowing the pace of increases at its next meeting but that should not be seen as a &#34;softening&#34; in its commitment to lower inflation.</p><p>A massive equity rally late last week was set off by a softer-than-expected inflation report that boosted investor hopes the Fed could dial back on its monetary tightening that has punished markets this year.</p><p>“There is still a sensitivity to Fed speak... One was a little hawkish, one was a little dovish,” said Eric Kuby, chief investment officer at North Star Investment Management Corp.</p><p>The Dow Jones Industrial Average fell 211.16 points, or 0.63%, to 33,536.7, the S&amp;P 500 lost 35.68 points, or 0.89%, to 3,957.25 and the Nasdaq Composite dropped 127.11 points, or 1.12%, to 11,196.22.</p><p>The S&amp;P 500 last week posted its biggest weekly percentage gain since late June, while the tech-heavy Nasdaq    notched its best week since March.</p><p>More Fed officials are due to speak later this week along with a slew of data, including on retail sales and housing, and earnings reports from major retailers.</p><p>&#34;It just makes sense the market wants to pause and really both try to make sense of the trajectory (of Fed policy) and what the next drivers are going to be,” said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.</p><p>Among S&amp;P 500 sectors, real estate    fell 2.7%, consumer discretionary    dropped 1.7% and financials declined 1.5%.</p><p>In company news, Amazon shares fell 2.3% as The New York Times on Monday reported the company was planning to lay off about 10,000 people in corporate and technology jobs starting as soon as this week.</p><p>Shares of Biogen Inc and Eli Lilly gained 3.3% and 1.3%, respectively, after the failure of Swiss rival Roche&#39;s Alzheimer&#39;s disease drug candidate.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.23-to-1 ratio; on Nasdaq, a 1.61-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 15 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 72 new highs and 74 new lows.</p><p>About 11.5 billion shares changed hands in U.S. exchanges, compared with the 12.1 billion daily average over the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2283238028","content_text":"(Reuters) - Wall Street's main indexes ended lower on Monday, with real estate and discretionary sectors leading broad declines, as investors digested comments from U.S. Federal Reserve officials about plans for interest rate hikes and looked for next catalysts after last week's big stock market rally.Losses accelerated toward the end of the up-and-down session, with focus turning to Tuesday's producer price index report and markets highly sensitive to inflation data.Earlier on Monday, Fed Vice Chair Lael Brainard signaled that the central bank would will likely soon slow its interest rates hikes. Her comments somewhat buoyed sentiment for equities that had been dampened after Federal Reserve Gov. Christopher Waller on Sunday said the Fed may consider slowing the pace of increases at its next meeting but that should not be seen as a \"softening\" in its commitment to lower inflation.A massive equity rally late last week was set off by a softer-than-expected inflation report that boosted investor hopes the Fed could dial back on its monetary tightening that has punished markets this year.“There is still a sensitivity to Fed speak... One was a little hawkish, one was a little dovish,” said Eric Kuby, chief investment officer at North Star Investment Management Corp.The Dow Jones Industrial Average fell 211.16 points, or 0.63%, to 33,536.7, the S&P 500 lost 35.68 points, or 0.89%, to 3,957.25 and the Nasdaq Composite dropped 127.11 points, or 1.12%, to 11,196.22.The S&P 500 last week posted its biggest weekly percentage gain since late June, while the tech-heavy Nasdaq    notched its best week since March.More Fed officials are due to speak later this week along with a slew of data, including on retail sales and housing, and earnings reports from major retailers.\"It just makes sense the market wants to pause and really both try to make sense of the trajectory (of Fed policy) and what the next drivers are going to be,” said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.Among S&P 500 sectors, real estate    fell 2.7%, consumer discretionary    dropped 1.7% and financials declined 1.5%.In company news, Amazon shares fell 2.3% as The New York Times on Monday reported the company was planning to lay off about 10,000 people in corporate and technology jobs starting as soon as this week.Shares of Biogen Inc and Eli Lilly gained 3.3% and 1.3%, respectively, after the failure of Swiss rival Roche's Alzheimer's disease drug candidate.Declining issues outnumbered advancing ones on the NYSE by a 2.23-to-1 ratio; on Nasdaq, a 1.61-to-1 ratio favored decliners.The S&P 500 posted 15 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 72 new highs and 74 new lows.About 11.5 billion shares changed hands in U.S. exchanges, compared with the 12.1 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189511922,"gmtCreate":1623281523666,"gmtModify":1704199844863,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like n comment, thk&nbsp;","listText":"Like n comment, thk&nbsp;","text":"Like n comment, thk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/189511922","repostId":"1142408805","repostType":4,"repost":{"id":"1142408805","kind":"news","pubTimestamp":1623280126,"share":"https://ttm.financial/m/news/1142408805?lang=&edition=fundamental","pubTime":"2021-06-10 07:08","market":"us","language":"en","title":"U.S. stocks end lower ahead of inflation report","url":"https://stock-news.laohu8.com/highlight/detail?id=1142408805","media":"reuters","summary":"NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants a","content":"<p>NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy.</p>\n<p>The retail “meme stock” craze continued unabated.</p>\n<p>All three major U.S. stock indexes reversed earlier gains, but remained range-bound in the absence of any clear market catalysts.</p>\n<p>“There’s a lull period in terms of news,” said Chuck Carlson, chief executive at Horizon Investment Services in Hammond, Indiana. “We’re through earnings period and people are waiting for inflation numbers tomorrow, so you have a mixed market where the major averages aren’t doing much of anything.”</p>\n<p>Heavily shorted meme stocks extended their social media-driven rally, with Aethlon Medical soaring 388.2%.</p>\n<p>Reddit chatter also helped to lift shares of prison operator GEO Group and World Wrestling Entertainment 38.4% and 10.9%, respectively.</p>\n<p>However, other meme stocks such as Clover Health, AMC Entertainment and Bed Bath &amp; Beyond closed lower.</p>\n<p>Retail volume has returned to its January peak, according to Vanda Research, as social media forums scramble to identify the next GameStop Corp, the stock that kicked off the phenomenon.</p>\n<p>“It feels like alternative stock market,” Carlson added. It’s an indication of speculation. You can be successful if you get in at the right moment but it’s very difficult to play successfully over time.”</p>\n<p>“I don’t think you should read too much regarding the broader market.”</p>\n<p>GameStop named Matt Furlong as its new CEO ahead of its earnings report, which showed a quarterly loss of $1.01 per share. Its shares fell over 4% in after-hours trading.</p>\n<p>U.S. President Joe Biden changed course in ongoing negotiations to reach a bipartisan agreement on infrastructure spending after one-on-one talks with Senator Shelley Capito broke down.</p>\n<p>Industrial stocks, which stand to benefit from an infrastructure deal, slid by 1%.</p>\n<p>Washington lawmakers passed a sweeping bill designed to boost the United States’ ability to compete against Chinese technology, providing funds for research and semiconductor production amid an ongoing chip supply drought. The bill now heads to the House of Representatives.</p>\n<p>Even so, the Philadelphia SE Semiconductor index slipped 0.4%.</p>\n<p>The Labor Department’s consumer price index report due out Thursday will provide another take on inflation amid the recovery’s demand/supply imbalance as investors determine whether inflationary pressures, as the Fed asserts, will be transitory.</p>\n<p>The Dow Jones Industrial Average fell 152.68 points, or 0.44%, to 34,447.14; the S&amp;P 500 lost 7.71 points, or 0.18%, at 4,219.55; and the Nasdaq Composite dropped 13.16 points, or 0.09%, to 13,911.75.</p>\n<p>Among the 11 major sectors in the S&amp;P 500, healthcare gained the most.</p>\n<p>Benchmark Treasury yields dropped below 1.5% for the first time since May, weighing on interest-sensitive financials.</p>\n<p>Campbell Soup Co missed quarterly profit expectations and slashed its full-year earnings forecast, sending its shares down 6.5%.</p>\n<p>Drugmaker Merck &amp; Co rose 2.3% on the heels of its announcement the U.S. government had agreed to buy about 1.7 million courses of the company’s experimental COVID-19 treatment, molnupiravir, for about $1.2 billion, if the drug meets regulatory approval.</p>\n<p>Declining issues outnumbered advancers on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.13-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 38 new 52-week highs and two new lows; the Nasdaq Composite recorded 126 new highs and 14 new lows.</p>\n<p>Volume on U.S. exchanges was 11.53 billion shares, compared with the 10.74 billion average over the last 20 trading days.</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>U.S. stocks end lower ahead of inflation report</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\">\nU.S. stocks end lower ahead of inflation report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-end-lower-ahead-of-inflation-report-idUSL2N2NR2UG><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-end-lower-ahead-of-inflation-report-idUSL2N2NR2UG\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","AEMD":"Aethlon Medical Inc",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-end-lower-ahead-of-inflation-report-idUSL2N2NR2UG","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142408805","content_text":"NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy.\nThe retail “meme stock” craze continued unabated.\nAll three major U.S. stock indexes reversed earlier gains, but remained range-bound in the absence of any clear market catalysts.\n“There’s a lull period in terms of news,” said Chuck Carlson, chief executive at Horizon Investment Services in Hammond, Indiana. “We’re through earnings period and people are waiting for inflation numbers tomorrow, so you have a mixed market where the major averages aren’t doing much of anything.”\nHeavily shorted meme stocks extended their social media-driven rally, with Aethlon Medical soaring 388.2%.\nReddit chatter also helped to lift shares of prison operator GEO Group and World Wrestling Entertainment 38.4% and 10.9%, respectively.\nHowever, other meme stocks such as Clover Health, AMC Entertainment and Bed Bath & Beyond closed lower.\nRetail volume has returned to its January peak, according to Vanda Research, as social media forums scramble to identify the next GameStop Corp, the stock that kicked off the phenomenon.\n“It feels like alternative stock market,” Carlson added. It’s an indication of speculation. You can be successful if you get in at the right moment but it’s very difficult to play successfully over time.”\n“I don’t think you should read too much regarding the broader market.”\nGameStop named Matt Furlong as its new CEO ahead of its earnings report, which showed a quarterly loss of $1.01 per share. Its shares fell over 4% in after-hours trading.\nU.S. President Joe Biden changed course in ongoing negotiations to reach a bipartisan agreement on infrastructure spending after one-on-one talks with Senator Shelley Capito broke down.\nIndustrial stocks, which stand to benefit from an infrastructure deal, slid by 1%.\nWashington lawmakers passed a sweeping bill designed to boost the United States’ ability to compete against Chinese technology, providing funds for research and semiconductor production amid an ongoing chip supply drought. The bill now heads to the House of Representatives.\nEven so, the Philadelphia SE Semiconductor index slipped 0.4%.\nThe Labor Department’s consumer price index report due out Thursday will provide another take on inflation amid the recovery’s demand/supply imbalance as investors determine whether inflationary pressures, as the Fed asserts, will be transitory.\nThe Dow Jones Industrial Average fell 152.68 points, or 0.44%, to 34,447.14; the S&P 500 lost 7.71 points, or 0.18%, at 4,219.55; and the Nasdaq Composite dropped 13.16 points, or 0.09%, to 13,911.75.\nAmong the 11 major sectors in the S&P 500, healthcare gained the most.\nBenchmark Treasury yields dropped below 1.5% for the first time since May, weighing on interest-sensitive financials.\nCampbell Soup Co missed quarterly profit expectations and slashed its full-year earnings forecast, sending its shares down 6.5%.\nDrugmaker Merck & Co rose 2.3% on the heels of its announcement the U.S. government had agreed to buy about 1.7 million courses of the company’s experimental COVID-19 treatment, molnupiravir, for about $1.2 billion, if the drug meets regulatory approval.\nDeclining issues outnumbered advancers on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.13-to-1 ratio favored decliners.\nThe S&P 500 posted 38 new 52-week highs and two new lows; the Nasdaq Composite recorded 126 new highs and 14 new lows.\nVolume on U.S. exchanges was 11.53 billion shares, compared with the 10.74 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":274115587817664,"gmtCreate":1707960692798,"gmtModify":1707960697211,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Good luck !","listText":"Good luck !","text":"Good luck !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/274115587817664","isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075002287,"gmtCreate":1658107381149,"gmtModify":1676536106373,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075002287","repostId":"1176257132","repostType":4,"repost":{"id":"1176257132","kind":"news","pubTimestamp":1658116148,"share":"https://ttm.financial/m/news/1176257132?lang=&edition=fundamental","pubTime":"2022-07-18 11:49","market":"hk","language":"en","title":"Alibaba: A Qualitative Breakdown Of $500 Billion In Disappeared Market Cap","url":"https://stock-news.laohu8.com/highlight/detail?id=1176257132","media":"Seeking Alpha","summary":"SummaryBABA has lost two-thirds (>$500 billion) in market cap since its peak in late 2020.This artic","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>BABA has lost two-thirds (&gt;$500 billion) in market cap since its peak in late 2020.</li><li>This article will break down the lost $500 bn into qualitative components:(i) lower profitability, (ii) slower growth, and (iii) higher risk premiums / required rates of returns by investors.</li><li>Current market valuations are effectively assuming these effects will persist into perpetuity.</li><li>Out of the three, lower profitability is likely reflective of a structural shift, but the other two may prove temporary and could change with time.</li></ul><p>NYSE:BABA has lost two-thirds (&gt;$500 billion) in market cap since its peak in late 2020. This article will review the tangible economic effects of the SAMR’s anticompetition policies on BABA’s business performance, including: (i) lower profitability, (ii) slower growth and (iii) higher risk premiums / required rates of returns by investors. Current market valuations are effectively assuming these effects will persist into perpetuity. Out of the three, lower profitability is likely reflective of a structural shift, but the other two may prove to be temporary and could change with time.</p><p><b>Lower profitability</b></p><p>A direct consequence of SAMR’s rules was to tilt the market landscape in favour of number two and smaller players relative to the incumbent. Indeed, management have repeatedly mentioned “increased competition” impacting the company’s core e-commerce segment on earnings calls since the regulatory shakeout.</p><p>To cope, (as well as to proactively portray the image of a good socially-responsible corporate citizen in front of government authorities), BABA is forced to:</p><ol><li>Provide more subsidies to merchants and partners (effectively discounted pricing)</li><li>Step up investment, either in the form of direct sales and marketing dollars or “strategic initiatives” investment</li></ol><p>This has resulted in EBITA margins dropping from 27% (average of 8 quarters leading up to the quarter ending Dec 2020 (3QFY21)) to 16% (average of 4 quarters leading up to the quarter ending Dec 2021 (3QFY22)).</p><p><img src=\"https://static.tigerbbs.com/ec9f30c463d38d513f90511dd9539909\" tg-width=\"640\" tg-height=\"375\" referrerpolicy=\"no-referrer\"/></p><p>Company filings</p><p>Looking back to early 2018, EBITA margins similarly dropped drastically from 40% to 30% when the company first launched its “new retail” initiative and remained at that lower level since. Similarly, BABA’s current investments in strategic initiatives reflect structural changes to the company’s business mix, and the most recent gap-down in margins may be here to stay.</p><p><b>Slower Growth</b></p><p>I include slowing growth as one of the economic effects resulting from SAMR’s anticompetition policies, but anticompetitive regulations drag on BABA’s growth only to the extent that they pressure BABA to reduce merchant fees (mentioned in point 1 under &#34;Lower Profitability&#34; above), which result in customer management revenue growing slower than GMV growth.</p><p>Given BABA’s 950 million annual active consumers covers two-thirds of the country’s 1.4 billion population, it is inevitable that the company’s growth trajectory will be affected by the macroeconomic picture, and this is regardless of what SAMR does and says. I review the latest macro indicators and then express my thoughts on how I view these levels of growth rates.</p><p>Beijing is targeting 5.5% annual GDP growth for 2022, but with first half growth at 2.5%, most analysts / economists do not expect that to be achieved. The marked deceleration was in 2Q when numerous cities implemented anti-virus curbs starting in March, in line with the country’s zero tolerance towards COVID. 2Q 2022 GDP growth was 0.4% YoY, barely escaping a contraction, and is below the 1.2% forecast by economists, and down from the 4.8% recorded in 1Q 2022.</p><p><img src=\"https://static.tigerbbs.com/a49500b570f0b72087f0d81447c59ab9\" tg-width=\"640\" tg-height=\"518\" referrerpolicy=\"no-referrer\"/></p><p>Financial Times</p><p>As far as BABA is concerned, a more relevant metric is perhaps retail sales growth. BABA’s growth in retail GMV and GTV (combined) have slowed from 20% to 30% before 2019 to an average of 14% in 2021 (average of 4 quarters from Mar 2021 (4QFY21) to Dec 2021 (3QFY22)). A rough graph plotting that against the index of YoY change in China Retail Sales Value suggests a certain degree of correlation between the two. Retail sales over 4Q 2021 was USD 1.9 trillion, a paltry 7% increase over 4Q 2020 (even with the Singles Day shopping festival in November). BABA is due to report 1Q 2023 results around August (so there is no company GMV / GTV datapoints yet for 2022) but I note that China retail sales growth was negative for 3 out of the first 6 months of 2022.</p><p><img src=\"https://static.tigerbbs.com/0830e999c0b3c721cb9eace36437be38\" tg-width=\"640\" tg-height=\"440\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg, BABA company filings</p><p>Even though there is a lot of talk about China growth being “slowest in three decades” etc., I propose to frame the picture in another way. China population (1.4 billion) is slightly more than 4 times that of US (320 million). Intuitively, that implies that when the average Chinese is one-quarter as rich as the average American*, their consumption economy will be same size as that of US. In other words, there is a long runway for growth, provided that China is able to shift from “easy” growth (large-scale infrastructure projects) to quality growth (improved labour productivity, technological advancements, etc.). If so, then even after the Chinese consumption economy catches up with that of the US in terms of absolute size, there is still the differential between income per capita to bridge.</p><p><i>*The average Chinese is less than one-quarter as well off as the average American. As of 2021, China constant GDP per capita was$11,200vs US constant GDP per capita of$61,280according to data from the St Louis Fed.</i></p><p><b>Higher risk premiums / required rates of return</b></p><p>Most people are likely to agree that the stock is currently trading at an undervaluation, regardless of whether you are a BABA fan or not. Lower profitability and slower growth are two explaining factors, but they seem insufficient to fully account for such a large gap - $500 billion is <b>a lot</b>. The last component is higher risk premiums / required rates of returns by investors. This is what people call the “unknowns”, “uncertainties”, or CCP wildcard risk, hanging over the stock, which should be thought of scientifically as risk premiums (multiple compression in some ways is the flip side of the same coin) instead of some elusive construct. Investors are spooked and they need higher required returns to compensate.</p><p><b>Closing Remarks</b></p><p>Companies can survive, and even thrive, following intense regulatory cycles. Take the Dodd-Frank Act as example, the introduction of close to 28,000 new rules and restrictions curtailed banks’ revenue pools, doubled their capital requirements and compliance costs. On the upside, in the years following the passage of Dodd-Frank, banks restructured, changed their business mix, became more efficient, learned to optimize capital, and developed new competitive edges in areas of technology and marketing. This regulatory adaptation separated the winners from the losers. Starting in 2013, a few large bank stocks went on to significantly beat the broader market over the rest of the decade. In BABA’s case, the market has reacted to the 2020-2021 developments as if they are killer blows to the company, when instead they are more catalysts for change.</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>Alibaba: A Qualitative Breakdown Of $500 Billion In Disappeared Market Cap</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\">\nAlibaba: A Qualitative Breakdown Of $500 Billion In Disappeared Market Cap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-18 11:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4523786-baba-a-qualitative-breakdown-of-500-billion-in-disappeared-market-cap><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryBABA has lost two-thirds (>$500 billion) in market cap since its peak in late 2020.This article will break down the lost $500 bn into qualitative components:(i) lower profitability, (ii) slower...</p>\n\n<a href=\"https://seekingalpha.com/article/4523786-baba-a-qualitative-breakdown-of-500-billion-in-disappeared-market-cap\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4523786-baba-a-qualitative-breakdown-of-500-billion-in-disappeared-market-cap","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176257132","content_text":"SummaryBABA has lost two-thirds (>$500 billion) in market cap since its peak in late 2020.This article will break down the lost $500 bn into qualitative components:(i) lower profitability, (ii) slower growth, and (iii) higher risk premiums / required rates of returns by investors.Current market valuations are effectively assuming these effects will persist into perpetuity.Out of the three, lower profitability is likely reflective of a structural shift, but the other two may prove temporary and could change with time.NYSE:BABA has lost two-thirds (>$500 billion) in market cap since its peak in late 2020. This article will review the tangible economic effects of the SAMR’s anticompetition policies on BABA’s business performance, including: (i) lower profitability, (ii) slower growth and (iii) higher risk premiums / required rates of returns by investors. Current market valuations are effectively assuming these effects will persist into perpetuity. Out of the three, lower profitability is likely reflective of a structural shift, but the other two may prove to be temporary and could change with time.Lower profitabilityA direct consequence of SAMR’s rules was to tilt the market landscape in favour of number two and smaller players relative to the incumbent. Indeed, management have repeatedly mentioned “increased competition” impacting the company’s core e-commerce segment on earnings calls since the regulatory shakeout.To cope, (as well as to proactively portray the image of a good socially-responsible corporate citizen in front of government authorities), BABA is forced to:Provide more subsidies to merchants and partners (effectively discounted pricing)Step up investment, either in the form of direct sales and marketing dollars or “strategic initiatives” investmentThis has resulted in EBITA margins dropping from 27% (average of 8 quarters leading up to the quarter ending Dec 2020 (3QFY21)) to 16% (average of 4 quarters leading up to the quarter ending Dec 2021 (3QFY22)).Company filingsLooking back to early 2018, EBITA margins similarly dropped drastically from 40% to 30% when the company first launched its “new retail” initiative and remained at that lower level since. Similarly, BABA’s current investments in strategic initiatives reflect structural changes to the company’s business mix, and the most recent gap-down in margins may be here to stay.Slower GrowthI include slowing growth as one of the economic effects resulting from SAMR’s anticompetition policies, but anticompetitive regulations drag on BABA’s growth only to the extent that they pressure BABA to reduce merchant fees (mentioned in point 1 under \"Lower Profitability\" above), which result in customer management revenue growing slower than GMV growth.Given BABA’s 950 million annual active consumers covers two-thirds of the country’s 1.4 billion population, it is inevitable that the company’s growth trajectory will be affected by the macroeconomic picture, and this is regardless of what SAMR does and says. I review the latest macro indicators and then express my thoughts on how I view these levels of growth rates.Beijing is targeting 5.5% annual GDP growth for 2022, but with first half growth at 2.5%, most analysts / economists do not expect that to be achieved. The marked deceleration was in 2Q when numerous cities implemented anti-virus curbs starting in March, in line with the country’s zero tolerance towards COVID. 2Q 2022 GDP growth was 0.4% YoY, barely escaping a contraction, and is below the 1.2% forecast by economists, and down from the 4.8% recorded in 1Q 2022.Financial TimesAs far as BABA is concerned, a more relevant metric is perhaps retail sales growth. BABA’s growth in retail GMV and GTV (combined) have slowed from 20% to 30% before 2019 to an average of 14% in 2021 (average of 4 quarters from Mar 2021 (4QFY21) to Dec 2021 (3QFY22)). A rough graph plotting that against the index of YoY change in China Retail Sales Value suggests a certain degree of correlation between the two. Retail sales over 4Q 2021 was USD 1.9 trillion, a paltry 7% increase over 4Q 2020 (even with the Singles Day shopping festival in November). BABA is due to report 1Q 2023 results around August (so there is no company GMV / GTV datapoints yet for 2022) but I note that China retail sales growth was negative for 3 out of the first 6 months of 2022.Bloomberg, BABA company filingsEven though there is a lot of talk about China growth being “slowest in three decades” etc., I propose to frame the picture in another way. China population (1.4 billion) is slightly more than 4 times that of US (320 million). Intuitively, that implies that when the average Chinese is one-quarter as rich as the average American*, their consumption economy will be same size as that of US. In other words, there is a long runway for growth, provided that China is able to shift from “easy” growth (large-scale infrastructure projects) to quality growth (improved labour productivity, technological advancements, etc.). If so, then even after the Chinese consumption economy catches up with that of the US in terms of absolute size, there is still the differential between income per capita to bridge.*The average Chinese is less than one-quarter as well off as the average American. As of 2021, China constant GDP per capita was$11,200vs US constant GDP per capita of$61,280according to data from the St Louis Fed.Higher risk premiums / required rates of returnMost people are likely to agree that the stock is currently trading at an undervaluation, regardless of whether you are a BABA fan or not. Lower profitability and slower growth are two explaining factors, but they seem insufficient to fully account for such a large gap - $500 billion is a lot. The last component is higher risk premiums / required rates of returns by investors. This is what people call the “unknowns”, “uncertainties”, or CCP wildcard risk, hanging over the stock, which should be thought of scientifically as risk premiums (multiple compression in some ways is the flip side of the same coin) instead of some elusive construct. Investors are spooked and they need higher required returns to compensate.Closing RemarksCompanies can survive, and even thrive, following intense regulatory cycles. Take the Dodd-Frank Act as example, the introduction of close to 28,000 new rules and restrictions curtailed banks’ revenue pools, doubled their capital requirements and compliance costs. On the upside, in the years following the passage of Dodd-Frank, banks restructured, changed their business mix, became more efficient, learned to optimize capital, and developed new competitive edges in areas of technology and marketing. This regulatory adaptation separated the winners from the losers. Starting in 2013, a few large bank stocks went on to significantly beat the broader market over the rest of the decade. In BABA’s case, the market has reacted to the 2020-2021 developments as if they are killer blows to the company, when instead they are more catalysts for change.","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193325437,"gmtCreate":1620770240429,"gmtModify":1704347961512,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like and comment, thk u&nbsp;","listText":"Like and comment, thk u&nbsp;","text":"Like and comment, thk u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/193325437","repostId":"1148549916","repostType":4,"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582063342503280","authorId":"3582063342503280","name":"banchin","avatar":"https://static.tigerbbs.com/5c4c72eded6f6ba8a8c66bbf3cd0e90c","crmLevel":6,"crmLevelSwitch":0,"idStr":"3582063342503280","authorIdStr":"3582063342503280"},"content":"Done. Please give me comments and like","text":"Done. Please give me comments and like","html":"Done. Please give me comments and like"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953854333,"gmtCreate":1673224045822,"gmtModify":1676538801011,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9953854333","repostId":"2302713787","repostType":4,"isVote":1,"tweetType":1,"viewCount":374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9914618006,"gmtCreate":1665273409505,"gmtModify":1676537579196,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9914618006","repostId":"2273833362","repostType":4,"repost":{"id":"2273833362","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":1665186683,"share":"https://ttm.financial/m/news/2273833362?lang=&edition=fundamental","pubTime":"2022-10-08 07:51","market":"us","language":"en","title":"Twitter-Elon Musk Deal Has Offered Investors Several Big Opportunities","url":"https://stock-news.laohu8.com/highlight/detail?id=2273833362","media":"Dow Jones","summary":"A host of investors bet  on Twitter stock as the shares fell after Elon Musk pulled away from his in","content":"<html><head></head><body><p>A host of investors bet  on Twitter stock as the shares fell after Elon Musk pulled away from his initial offer to buy the social media giant. Why? Record profits stood to be made.</p><p>The outcome of the deal remains in doubt, even after Mr. Musk&#39;s surprising proposal earlier this week  to close it as originally approved after months trying to step away. Some investors have already cashed in.</p><p>But the opportunity for those willing to bet Twitter might get the full price after all was massive, according to Morgan Ricks, a Vanderbilt Law School professor who specializes in financial regulation:</p><p>-- Should the Twitter-Musk saga end with a buyout at the proposed price, $54.20, according to Mr. Ricks, it&#39;ll mark the second-biggest arbitrage opportunity for a cash buyout of at least $1 billion since at least 1996.</p><p>&#34;Prior to Tuesday, the market had been pricing in a roughly 50/50 chance of the deal going through,&#34; Mr. Ricks said.</p><p>At one point, the difference between Twitter&#39;s stock price and Mr. Musk&#39;s original offer was 66%, below the 76% record set by Blackstone Group&#39;s 2019 purchase of Tallgrass Energy.</p><p>The cost of that deal, however, was roughly $3.5 billion, far from the potential $44 billion bill for Twitter.</p><p><img src=\"https://static.tigerbbs.com/88d2b85b17b20c85bf1c251838939843\" tg-width=\"704\" tg-height=\"718\" width=\"100%\" height=\"auto\"/></p><p>Investors like Carl Icahn, Daniel Loeb&#39;s Third Point LLC, and D.E. Shaw Group have already profited from wagers on Twitter shares], which give the right to purchase shares at a specific price by a certain date. Some investors took a third route: convertible-bond arbitrage.</p><p>Doug Fincher, a portfolio manager at $3.8 billion hedge fund group Ionic Capital Management, said his fund bought Twitter&#39;s low-yielding convertible bonds, which could be changed into stock if Musk&#39;s deal went through.</p><p>-- Ionic&#39;s trade bet that the price of a bond expiring in 2026 would increase from the the mid-$80s, where it sat in April after cracks emerged in the likelihood of closure, to near $100 should the deal complete. Mr. Fincher said his firm sold its bonds when the price hit $98 on Tuesday after reports that Musk was willing to purchase the company at the original price.</p><p><img src=\"https://static.tigerbbs.com/d541f8ec5d15576cd58bb03b82751d0e\" tg-width=\"853\" tg-height=\"656\" width=\"100%\" height=\"auto\"/></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>Twitter-Elon Musk Deal Has Offered Investors Several Big Opportunities</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\">\nTwitter-Elon Musk Deal Has Offered Investors Several Big Opportunities\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\">2022-10-08 07:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>A host of investors bet  on Twitter stock as the shares fell after Elon Musk pulled away from his initial offer to buy the social media giant. Why? Record profits stood to be made.</p><p>The outcome of the deal remains in doubt, even after Mr. Musk&#39;s surprising proposal earlier this week  to close it as originally approved after months trying to step away. Some investors have already cashed in.</p><p>But the opportunity for those willing to bet Twitter might get the full price after all was massive, according to Morgan Ricks, a Vanderbilt Law School professor who specializes in financial regulation:</p><p>-- Should the Twitter-Musk saga end with a buyout at the proposed price, $54.20, according to Mr. Ricks, it&#39;ll mark the second-biggest arbitrage opportunity for a cash buyout of at least $1 billion since at least 1996.</p><p>&#34;Prior to Tuesday, the market had been pricing in a roughly 50/50 chance of the deal going through,&#34; Mr. Ricks said.</p><p>At one point, the difference between Twitter&#39;s stock price and Mr. Musk&#39;s original offer was 66%, below the 76% record set by Blackstone Group&#39;s 2019 purchase of Tallgrass Energy.</p><p>The cost of that deal, however, was roughly $3.5 billion, far from the potential $44 billion bill for Twitter.</p><p><img src=\"https://static.tigerbbs.com/88d2b85b17b20c85bf1c251838939843\" tg-width=\"704\" tg-height=\"718\" width=\"100%\" height=\"auto\"/></p><p>Investors like Carl Icahn, Daniel Loeb&#39;s Third Point LLC, and D.E. Shaw Group have already profited from wagers on Twitter shares], which give the right to purchase shares at a specific price by a certain date. Some investors took a third route: convertible-bond arbitrage.</p><p>Doug Fincher, a portfolio manager at $3.8 billion hedge fund group Ionic Capital Management, said his fund bought Twitter&#39;s low-yielding convertible bonds, which could be changed into stock if Musk&#39;s deal went through.</p><p>-- Ionic&#39;s trade bet that the price of a bond expiring in 2026 would increase from the the mid-$80s, where it sat in April after cracks emerged in the likelihood of closure, to near $100 should the deal complete. Mr. Fincher said his firm sold its bonds when the price hit $98 on Tuesday after reports that Musk was willing to purchase the company at the original price.</p><p><img src=\"https://static.tigerbbs.com/d541f8ec5d15576cd58bb03b82751d0e\" tg-width=\"853\" tg-height=\"656\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4516":"特朗普概念","BK4534":"瑞士信贷持仓","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4211":"区域性银行","TSLA":"特斯拉","BK4508":"社交媒体","BK4077":"互动媒体与服务","BK4527":"明星科技股","BK4579":"人工智能","BK4550":"红杉资本持仓","ISBC":"投资者银行","BK4574":"无人驾驶","BK4551":"寇图资本持仓","QNETCN":"纳斯达克中美互联网老虎指数","BK4581":"高盛持仓","TWTR":"Twitter","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2273833362","content_text":"A host of investors bet  on Twitter stock as the shares fell after Elon Musk pulled away from his initial offer to buy the social media giant. Why? Record profits stood to be made.The outcome of the deal remains in doubt, even after Mr. Musk's surprising proposal earlier this week  to close it as originally approved after months trying to step away. Some investors have already cashed in.But the opportunity for those willing to bet Twitter might get the full price after all was massive, according to Morgan Ricks, a Vanderbilt Law School professor who specializes in financial regulation:-- Should the Twitter-Musk saga end with a buyout at the proposed price, $54.20, according to Mr. Ricks, it'll mark the second-biggest arbitrage opportunity for a cash buyout of at least $1 billion since at least 1996.\"Prior to Tuesday, the market had been pricing in a roughly 50/50 chance of the deal going through,\" Mr. Ricks said.At one point, the difference between Twitter's stock price and Mr. Musk's original offer was 66%, below the 76% record set by Blackstone Group's 2019 purchase of Tallgrass Energy.The cost of that deal, however, was roughly $3.5 billion, far from the potential $44 billion bill for Twitter.Investors like Carl Icahn, Daniel Loeb's Third Point LLC, and D.E. Shaw Group have already profited from wagers on Twitter shares], which give the right to purchase shares at a specific price by a certain date. Some investors took a third route: convertible-bond arbitrage.Doug Fincher, a portfolio manager at $3.8 billion hedge fund group Ionic Capital Management, said his fund bought Twitter's low-yielding convertible bonds, which could be changed into stock if Musk's deal went through.-- Ionic's trade bet that the price of a bond expiring in 2026 would increase from the the mid-$80s, where it sat in April after cracks emerged in the likelihood of closure, to near $100 should the deal complete. Mr. Fincher said his firm sold its bonds when the price hit $98 on Tuesday after reports that Musk was willing to purchase the company at the original price.","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9081503023,"gmtCreate":1650249177099,"gmtModify":1676534678883,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9081503023","repostId":"1133070824","repostType":4,"repost":{"id":"1133070824","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":1649399100,"share":"https://ttm.financial/m/news/1133070824?lang=&edition=fundamental","pubTime":"2022-04-08 14:25","market":"us","language":"en","title":"Reminder: Holiday Trading Hours during Good Friday and Easter","url":"https://stock-news.laohu8.com/highlight/detail?id=1133070824","media":"Tiger Newspress","summary":"U.S. stock markets will be closed Friday, April 15in observance of Good Friday.The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.The Securities Industry and Financi","content":"<html><head></head><body><p>U.S. stock markets will be closed Friday, April 15 in observance of Good Friday.</p><p>The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.</p><p>The Securities Industry and Financial Markets Association recommended the U.S. bond market close Friday. It also advised that the bond market shutter early on Thursday, April14 at 2 p.m. Eastern.</p><p>U.S. commodities markets including gold and oil futures also won&#39;t be open for trading Friday.</p><p>Singapore stock markets will also close on Good Friday.</p><p>Stock markets in Europe, Hong Kong and Australia will close on Good Friday and on Monday in observance of Easter.</p><p>A-shares (Northbound) will be closed to April 18 from April 14.</p><p><img src=\"https://static.tigerbbs.com/8d9bbb655e7216a0c27a0cb94e0d0875\" tg-width=\"1482\" tg-height=\"1328\" width=\"100%\" height=\"auto\"/></p><p>Good Friday commemorates the crucifixion of Jesus Christ. It isn’t a federal holiday, which means businesses often stay open. Good Friday is the only time U.S. markets close for the day outside of federal holidays.</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>Reminder: Holiday Trading Hours during Good Friday and Easter</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\">\nReminder: Holiday Trading Hours during Good Friday and Easter\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\">2022-04-08 14:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock markets will be closed Friday, April 15 in observance of Good Friday.</p><p>The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.</p><p>The Securities Industry and Financial Markets Association recommended the U.S. bond market close Friday. It also advised that the bond market shutter early on Thursday, April14 at 2 p.m. Eastern.</p><p>U.S. commodities markets including gold and oil futures also won&#39;t be open for trading Friday.</p><p>Singapore stock markets will also close on Good Friday.</p><p>Stock markets in Europe, Hong Kong and Australia will close on Good Friday and on Monday in observance of Easter.</p><p>A-shares (Northbound) will be closed to April 18 from April 14.</p><p><img src=\"https://static.tigerbbs.com/8d9bbb655e7216a0c27a0cb94e0d0875\" tg-width=\"1482\" tg-height=\"1328\" width=\"100%\" height=\"auto\"/></p><p>Good Friday commemorates the crucifixion of Jesus Christ. It isn’t a federal holiday, which means businesses often stay open. Good Friday is the only time U.S. markets close for the day outside of federal holidays.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133070824","content_text":"U.S. stock markets will be closed Friday, April 15 in observance of Good Friday.The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.The Securities Industry and Financial Markets Association recommended the U.S. bond market close Friday. It also advised that the bond market shutter early on Thursday, April14 at 2 p.m. Eastern.U.S. commodities markets including gold and oil futures also won't be open for trading Friday.Singapore stock markets will also close on Good Friday.Stock markets in Europe, Hong Kong and Australia will close on Good Friday and on Monday in observance of Easter.A-shares (Northbound) will be closed to April 18 from April 14.Good Friday commemorates the crucifixion of Jesus Christ. It isn’t a federal holiday, which means businesses often stay open. Good Friday is the only time U.S. markets close for the day outside of federal holidays.","news_type":1},"isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9924221229,"gmtCreate":1672272068361,"gmtModify":1676538662666,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9924221229","repostId":"2295953078","repostType":4,"repost":{"id":"2295953078","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1672268757,"share":"https://ttm.financial/m/news/2295953078?lang=&edition=fundamental","pubTime":"2022-12-29 07:05","market":"us","language":"en","title":"U.S. Stocks Drop on Recession Fears, Nasdaq Closes at New Bear Market Low","url":"https://stock-news.laohu8.com/highlight/detail?id=2295953078","media":"Reuters","summary":"Tesla gains 3.3% in choppy tradeSouthwest Airlines slips 5.2% on government scrutinyIndexes down: Dow 1.1%, S&P 500 1.20%, Nasdaq 1.35%Dec 28 (Reuters) - Wall Street's main indexes ended weaker on Wed","content":"<html><head></head><body><ul><li>Tesla gains 3.3% in choppy trade</li><li>Southwest Airlines slips 5.2% on government scrutiny</li><li>Indexes down: Dow 1.1%, S&amp;P 500 1.20%, Nasdaq 1.35%</li></ul><p><img src=\"https://static.tigerbbs.com/d571dba409ae27a03bc581f899fdc4e0\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>Dec 28 (Reuters) - Wall Street&#39;s main indexes ended weaker on Wednesday, with the Nasdaq hitting a 2022 closing low, as investors grappled with mixed economic data, rising COVID cases in China, and geopolitical tensions heading into 2023.</p><p>The Nasdaq Composite    ended at 10,213.288, the lowest since the bear market began in November 2021 after the index hit a record high. The last time the Nasdaq ended lower was in July 2020. Its previous closing low for 2022 was 10,321.388 on Oct. 14.</p><p>&#34;There was no Santa rally this year. The Grinch showed up this December for investors,&#34; said Greg Bassuk, chief executive at AXS Investments in Port Chester, New York.</p><p>December is typically a strong month for equities, with a rally in the week after Christmas. The S&amp;P 500 index    has posted only 18 Decembers with losses since 1950, Truist Advisory Services data show.</p><p>&#34;Normally a Santa Claus Rally is sparked by hopes of factors that will drive economic and market growth,&#34; Bassuk said. &#34;The negative and mixed economic data, greater concerns around COVID reemergence and ongoing geopolitical tensions and ... all of that also translating Fed policy is all impeding Santa (from) showing up at the end of this year.&#34;</p><p>All 11 of the S&amp;P 500    sector indexes fell on Wednesday. Energy stocks    were the biggest losers, dipping over 2.2% as worries over demand in China weighed on oil prices.</p><p>Investors have been assessing China&#39;s move to reopen its COVID-battered economy as infections surged.</p><p>&#34;With this current combination of rising cases with an opening up of China restrictions, we&#39;re seeing that investors are concerned that the ramifications are going to spread through many different industries and sectors as it did in the earlier COVID period,&#34; Bassuk said.</p><p>The benchmark S&amp;P 500    is down 20% year-to-date, on track for its biggest annual loss since the financial crisis of 2008. The rout has been more severe for the tech-heavy Nasdaq Composite   , which closed at the lowest level since July 2020.</p><p>While recent data pointing to an easing in inflationary pressures has bolstered hopes of smaller interest rate hikes by the Federal Reserve, a tight labor market and resilient American economy have spurred worries that rates could stay higher for longer.</p><p>Markets are now pricing in 69% odds of a 25-basis point rate hike at the U.S. central bank&#39;s February meeting and see rates peaking at 4.94% in the first half of next year.   .</p><p>Shares of Tesla Inc    gained 3.3% in choppy trade, a day after hitting the lowest level in more than two years. The stock is down nearly 69% for the year.</p><p>Southwest Airlines Co dropped 5.2% a day after the carrier came under fire from the U.S. government for canceling thousands of flights.</p><p>Apple Inc, Alphabet Inc and Amazon.com Inc fell between 1.5% and 3.1% as the U.S. 10-year Treasury yield    recovered from a brief fall to rise for a third straight session.</p><p>The Dow Jones Industrial Average    fell 365.85 points, or 1.1%, to 32,875.71; the S&amp;P 500    lost 46.03 points, or 1.20%, at 3,783.22; and the Nasdaq Composite    dropped 139.94 points, or 1.35%, to 10,213.29.</p><p>Declining issues outnumbered advancers on the NYSE by a 3.77-to-1 ratio; on Nasdaq, a 1.97-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted seven new 52-week highs and seven new lows; the Nasdaq Composite recorded 75 new highs and 421 new lows.</p><p>Volume on U.S. exchanges was 8.59 billion shares, compared with the 11.3 billion average for the full session over the last 20 trading days.</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>U.S. Stocks Drop on Recession Fears, Nasdaq Closes at New Bear Market Low</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\">\nU.S. Stocks Drop on Recession Fears, Nasdaq Closes at New Bear Market Low\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-12-29 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Tesla gains 3.3% in choppy trade</li><li>Southwest Airlines slips 5.2% on government scrutiny</li><li>Indexes down: Dow 1.1%, S&amp;P 500 1.20%, Nasdaq 1.35%</li></ul><p><img src=\"https://static.tigerbbs.com/d571dba409ae27a03bc581f899fdc4e0\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>Dec 28 (Reuters) - Wall Street&#39;s main indexes ended weaker on Wednesday, with the Nasdaq hitting a 2022 closing low, as investors grappled with mixed economic data, rising COVID cases in China, and geopolitical tensions heading into 2023.</p><p>The Nasdaq Composite    ended at 10,213.288, the lowest since the bear market began in November 2021 after the index hit a record high. The last time the Nasdaq ended lower was in July 2020. Its previous closing low for 2022 was 10,321.388 on Oct. 14.</p><p>&#34;There was no Santa rally this year. The Grinch showed up this December for investors,&#34; said Greg Bassuk, chief executive at AXS Investments in Port Chester, New York.</p><p>December is typically a strong month for equities, with a rally in the week after Christmas. The S&amp;P 500 index    has posted only 18 Decembers with losses since 1950, Truist Advisory Services data show.</p><p>&#34;Normally a Santa Claus Rally is sparked by hopes of factors that will drive economic and market growth,&#34; Bassuk said. &#34;The negative and mixed economic data, greater concerns around COVID reemergence and ongoing geopolitical tensions and ... all of that also translating Fed policy is all impeding Santa (from) showing up at the end of this year.&#34;</p><p>All 11 of the S&amp;P 500    sector indexes fell on Wednesday. Energy stocks    were the biggest losers, dipping over 2.2% as worries over demand in China weighed on oil prices.</p><p>Investors have been assessing China&#39;s move to reopen its COVID-battered economy as infections surged.</p><p>&#34;With this current combination of rising cases with an opening up of China restrictions, we&#39;re seeing that investors are concerned that the ramifications are going to spread through many different industries and sectors as it did in the earlier COVID period,&#34; Bassuk said.</p><p>The benchmark S&amp;P 500    is down 20% year-to-date, on track for its biggest annual loss since the financial crisis of 2008. The rout has been more severe for the tech-heavy Nasdaq Composite   , which closed at the lowest level since July 2020.</p><p>While recent data pointing to an easing in inflationary pressures has bolstered hopes of smaller interest rate hikes by the Federal Reserve, a tight labor market and resilient American economy have spurred worries that rates could stay higher for longer.</p><p>Markets are now pricing in 69% odds of a 25-basis point rate hike at the U.S. central bank&#39;s February meeting and see rates peaking at 4.94% in the first half of next year.   .</p><p>Shares of Tesla Inc    gained 3.3% in choppy trade, a day after hitting the lowest level in more than two years. The stock is down nearly 69% for the year.</p><p>Southwest Airlines Co dropped 5.2% a day after the carrier came under fire from the U.S. government for canceling thousands of flights.</p><p>Apple Inc, Alphabet Inc and Amazon.com Inc fell between 1.5% and 3.1% as the U.S. 10-year Treasury yield    recovered from a brief fall to rise for a third straight session.</p><p>The Dow Jones Industrial Average    fell 365.85 points, or 1.1%, to 32,875.71; the S&amp;P 500    lost 46.03 points, or 1.20%, at 3,783.22; and the Nasdaq Composite    dropped 139.94 points, or 1.35%, to 10,213.29.</p><p>Declining issues outnumbered advancers on the NYSE by a 3.77-to-1 ratio; on Nasdaq, a 1.97-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted seven new 52-week highs and seven new lows; the Nasdaq Composite recorded 75 new highs and 421 new lows.</p><p>Volume on U.S. exchanges was 8.59 billion shares, compared with the 11.3 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CGEM":"Cullinan Therapeutics","TQQQ":"纳指三倍做多ETF",".DJI":"道琼斯","DOG":"道指反向ETF","QQQ":"纳指100ETF","UPRO":"三倍做多标普500ETF","DXD":"道指两倍做空ETF",".IXIC":"NASDAQ Composite","SANA":"Sana Biotechnology, Inc.","LUV":"西南航空",".SPX":"S&P 500 Index","OEX":"标普100","AMZN":"亚马逊","SSO":"两倍做多标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2295953078","content_text":"Tesla gains 3.3% in choppy tradeSouthwest Airlines slips 5.2% on government scrutinyIndexes down: Dow 1.1%, S&P 500 1.20%, Nasdaq 1.35%Dec 28 (Reuters) - Wall Street's main indexes ended weaker on Wednesday, with the Nasdaq hitting a 2022 closing low, as investors grappled with mixed economic data, rising COVID cases in China, and geopolitical tensions heading into 2023.The Nasdaq Composite    ended at 10,213.288, the lowest since the bear market began in November 2021 after the index hit a record high. The last time the Nasdaq ended lower was in July 2020. Its previous closing low for 2022 was 10,321.388 on Oct. 14.\"There was no Santa rally this year. The Grinch showed up this December for investors,\" said Greg Bassuk, chief executive at AXS Investments in Port Chester, New York.December is typically a strong month for equities, with a rally in the week after Christmas. The S&P 500 index    has posted only 18 Decembers with losses since 1950, Truist Advisory Services data show.\"Normally a Santa Claus Rally is sparked by hopes of factors that will drive economic and market growth,\" Bassuk said. \"The negative and mixed economic data, greater concerns around COVID reemergence and ongoing geopolitical tensions and ... all of that also translating Fed policy is all impeding Santa (from) showing up at the end of this year.\"All 11 of the S&P 500    sector indexes fell on Wednesday. Energy stocks    were the biggest losers, dipping over 2.2% as worries over demand in China weighed on oil prices.Investors have been assessing China's move to reopen its COVID-battered economy as infections surged.\"With this current combination of rising cases with an opening up of China restrictions, we're seeing that investors are concerned that the ramifications are going to spread through many different industries and sectors as it did in the earlier COVID period,\" Bassuk said.The benchmark S&P 500    is down 20% year-to-date, on track for its biggest annual loss since the financial crisis of 2008. The rout has been more severe for the tech-heavy Nasdaq Composite   , which closed at the lowest level since July 2020.While recent data pointing to an easing in inflationary pressures has bolstered hopes of smaller interest rate hikes by the Federal Reserve, a tight labor market and resilient American economy have spurred worries that rates could stay higher for longer.Markets are now pricing in 69% odds of a 25-basis point rate hike at the U.S. central bank's February meeting and see rates peaking at 4.94% in the first half of next year.   .Shares of Tesla Inc    gained 3.3% in choppy trade, a day after hitting the lowest level in more than two years. The stock is down nearly 69% for the year.Southwest Airlines Co dropped 5.2% a day after the carrier came under fire from the U.S. government for canceling thousands of flights.Apple Inc, Alphabet Inc and Amazon.com Inc fell between 1.5% and 3.1% as the U.S. 10-year Treasury yield    recovered from a brief fall to rise for a third straight session.The Dow Jones Industrial Average    fell 365.85 points, or 1.1%, to 32,875.71; the S&P 500    lost 46.03 points, or 1.20%, at 3,783.22; and the Nasdaq Composite    dropped 139.94 points, or 1.35%, to 10,213.29.Declining issues outnumbered advancers on the NYSE by a 3.77-to-1 ratio; on Nasdaq, a 1.97-to-1 ratio favored decliners.The S&P 500 posted seven new 52-week highs and seven new lows; the Nasdaq Composite recorded 75 new highs and 421 new lows.Volume on U.S. exchanges was 8.59 billion shares, compared with the 11.3 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964116922,"gmtCreate":1670108801567,"gmtModify":1676538302141,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9964116922","repostId":"1152464265","repostType":4,"repost":{"id":"1152464265","kind":"news","pubTimestamp":1670022054,"share":"https://ttm.financial/m/news/1152464265?lang=&edition=fundamental","pubTime":"2022-12-03 07:00","market":"us","language":"en","title":"11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=1152464265","media":"Bloomberg","summary":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Ha","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/cb8b5a354d9d687bd95cdff74dddc508\" tg-width=\"1214\" tg-height=\"811\" width=\"100%\" height=\"auto\"/></p><p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.</p><p>“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.</p><p>This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’s<i>Charging Bull</i>statue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.</p><p>Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)</p><p>“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”</p><p>But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at a<i>New York Times</i>conference and an interview on<i>Good Morning America</i>. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?</p><p><img src=\"https://static.tigerbbs.com/79b2ba9ef6da8454146f200cdc460f6e\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Bankman-Fried after an interview on<i>Bloomberg Wealth With David Rubenstein</i>on Aug. 17, 2022.Photographer: Jeenah Moon/Bloomberg</p><p>He doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.</p><p>It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.</p><p>I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith a<i>Vox</i>reporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” the<i>Vox</i>reporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.</p><p>I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.</p><p>To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messaged<i>Vox</i>, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.</p><p>I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”</p><p>“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”</p><p>That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he got<i>un</i>lucky, or miscalculated the odds.</p><p>Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end of<i>Scarface</i>, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.</p><p>Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.</p><p>The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.</p><p>Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.</p><p>“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”</p><p>The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)</p><p>The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.</p><p>The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”</p><p>“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”</p><p>Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.</p><p>Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.</p><p>That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.</p><p>As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,<i>Reminiscences of a Stock Operator.</i>Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.</p><p>The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.</p><p>Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.</p><p>But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”</p><p>“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”</p><p>Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.</p><p>The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.</p><p>There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)</p><p>When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.</p><p>“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)</p><p>“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”</p><p>“You were all aware there was a chance this would not work,” I say.</p><p>“That’s right,” he says. “But I thought that the risk was substantially smaller.”</p><p>I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.</p><p>“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”</p><p>“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”</p><p>Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.</p><p>“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.</p><p>“So what’s the problem, then?”</p><p>Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.</p><p>“What’s the difference between these two rows here?” he asks.</p><p>“You didn’t have $8 billion in cash that you thought you had,” I say.</p><p>“That’s correct. Yes.”</p><p>“You misplaced $8 billion?” I ask.</p><p>“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.</p><p>That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.</p><p>To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.</p><p>Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.</p><p>It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”</p><p>“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.</p><p>Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.</p><p>With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.</p><p>The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this big<i>Wolf of Wall Street</i>thing,” he said. “Bro, it was a bunch of nerds.”</p><p><img src=\"https://static.tigerbbs.com/b87535c118f069e782e80762398d0a9c\" tg-width=\"1000\" tg-height=\"1000\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Illustration: Maxime Mouysset for Bloomberg Businessweek</p><p>By the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.</p><p>I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.</p><p>I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.</p><p>“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”</p><p>I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”</p><p>Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.</p><p>I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.</p><p>“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”</p><p>“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”</p><p>To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”</p><p>“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”</p><p>“You had a rule on your platform. You didn’t follow it,” I say.</p><p>By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.</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>11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall</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\">\n11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152464265","content_text":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’sCharging Bullstatue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at aNew York Timesconference and an interview onGood Morning America. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?Bankman-Fried after an interview onBloomberg Wealth With David Rubensteinon Aug. 17, 2022.Photographer: Jeenah Moon/BloombergHe doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith aVoxreporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” theVoxreporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messagedVox, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he gotunlucky, or miscalculated the odds.Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end ofScarface, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,Reminiscences of a Stock Operator.Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”“You were all aware there was a chance this would not work,” I say.“That’s right,” he says. “But I thought that the risk was substantially smaller.”I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.“So what’s the problem, then?”Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.“What’s the difference between these two rows here?” he asks.“You didn’t have $8 billion in cash that you thought you had,” I say.“That’s correct. Yes.”“You misplaced $8 billion?” I ask.“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this bigWolf of Wall Streetthing,” he said. “Bro, it was a bunch of nerds.”Illustration: Maxime Mouysset for Bloomberg BusinessweekBy the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”“You had a rule on your platform. You didn’t follow it,” I say.By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961259324,"gmtCreate":1668988369169,"gmtModify":1676538134162,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9961259324","repostId":"2285098074","repostType":4,"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981259349,"gmtCreate":1666529418181,"gmtModify":1676537765781,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9981259349","repostId":"2277232495","repostType":4,"repost":{"id":"2277232495","kind":"highlight","pubTimestamp":1666501378,"share":"https://ttm.financial/m/news/2277232495?lang=&edition=fundamental","pubTime":"2022-10-23 13:02","market":"us","language":"en","title":"3 Powerhouse Passive-Income Stocks That Each Yield More Than 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=2277232495","media":"Motley Fool","summary":"Investing in equal parts of these three industrial and energy stocks gives an investor a dividend yield of 4.7%.","content":"<html><head></head><body><p>Red-hot inflation, geopolitical tensions, an uncertain outlook for consumer spending and the housing market -- the list of stock market headwinds goes on and on. One approach for folks looking for a simple way to ride out the volatility is to invest in good companies that have attractive dividend yields.</p><p>An advantage of a sizable yield -- particularly a yield of 4% or higher -- is that the dividend on its own is enough to supplement some income in retirement.</p><p>However, the 4% level is even more critical right now because rising interest rates have pushed the three-month Treasury bill rate up. In fact, the three-month Treasury bill yield is currently 3.8% -- which is the highest level in 15 years.</p><p>A stock with a 4% yield is essentially providing the same amount of passive income as a three-month Treasury bill while also giving exposure to the potential upside and downside of the equity market. <a href=\"https://laohu8.com/S/SWK\">Stanley Black &amp; Decker </a>, <a href=\"https://laohu8.com/S/TTE\">TotalEnergies</a>, and <a href=\"https://laohu8.com/S/BIP\">Brookfield Infrastructure Partners </a> are three excellent companies that also happen to be high-yield dividend stocks. Here&#39;s what makes each a great buy now.</p><h2>The key to the investment case is now the restructuring plan</h2><p><b>Lee Samaha</b> <b>(Stanley Black &amp; Decker): </b>It&#39;s been an awful year for hardware and tools company Stanley Black &amp; Decker. Investors started the year hoping for the company to begin overcoming supply chain pressures and its raw material costs. In doing so, Stanley would generate margin expansion in a year when it refocused on its core tools and storage and industrial products businesses.</p><p>Stanley sold its electronic security business and its automatic doors business this year. Meanwhile, Stanley bought the remaining 80% it didn&#39;t own in outdoor and lawn products company MTD at the end of 2021, and investors were looking forward to its integration into Stanley&#39;s business.</p><p>Unfortunately, almost everything went wrong. The supply chain issues persisted, as did raw material inflation. Meanwhile, Stanley&#39;s focus on the consumer, notably the housing market (DIY tools), exposes it to near-term risk as mortgage rates soar and the housing market slows.</p><p><img src=\"https://static.tigerbbs.com/ed42410d92dfaee449839211201891cb\" tg-width=\"720\" tg-height=\"387\" referrerpolicy=\"no-referrer\"/></p><p>Case-Shiller Composite 20 Home Price Index YoY data by YCharts</p><p>In response, management has initiated an aggressive restructuring plan to shave a whopping $2 billion off costs within three years. As such, the key to the investment case <i>is </i>the successful implementation of the restructuring plan, while investors hope the DIY tools market will hold up, so they can enjoy the current 4.2% yield while they wait for recovery. It&#39;s a compelling proposition, but perhaps one better looked at after the company&#39;s most recent results, due at the end of October.</p><h2>A well-rounded energy company with the highest yield in its peer group</h2><p><b>Daniel Foelber (TotalEnergies): </b>Today, big oil companies are investing in alternative and renewable energy, diversifying their portfolios away from oil and gas. However, there are still only a handful of American and European integrated oil majors that play in the upstream, midstream, and downstream spaces. French multinational TotalEnergies is one of the six majors alongside<b> BP</b>, <b>Shell</b>, <b>Equinor</b>, <b>Chevron</b>, and <b>ExxonMobil</b>. Yet Total is the only European major that didn&#39;t cut its dividend during the worst of the oil and gas crash of 2020.</p><p>Since then, BP, Shell, and Equinor have made sizable dividend raises, and Chevron and ExxonMobil have continued making moderate increases to maintain their status as Dividend Aristocrats. But Total still has the highest yield of the integrated majors -- with a yield of 5.5% (although taxes and fees apply for U.S. investors earning dividends from foreign companies).</p><p><img src=\"https://static.tigerbbs.com/f7a8db264fe60f27b7c5314075963c3b\" tg-width=\"720\" tg-height=\"666\" referrerpolicy=\"no-referrer\"/></p><p>TTE Dividend Yield data by YCharts</p><p>What&#39;s more, Total is an excellent value, with the second-lowest price-to-earnings (P/E) ratio of the majors at just 6.5. Investors should keep in mind that P/E ratios for the integrated oil major group as a whole are below their long-term averages despite their stock prices being up. The discounted valuation is likely due to expectations that profits will come down as oil and gas prices stabilize.</p><p>Aside from its high dividend yield and low valuation, Total is in a good position to take advantage of strong oil and gas prices and new investments in lower carbon solutions. Total has one of the lowest costs of production of the oil majors. Its aggressive investments in liquefied natural gas (LNG) have given it a 10% share of the global LNG market as Total works toward making natural gas 50% of its sales mix by 2030.</p><p>Total has also invested heavily in solar energy -- expanding its installed capacity from 0.7 gigawatts to 10 gigawatts between 2017 and 2021.</p><p>In sum, Total has an efficient oil and gas portfolio, a growing LNG and renewable energy portfolio, a discounted valuation, and the highest dividend yield of the oil majors.</p><h2>Build a better passive income stream with Brookfield</h2><p><b>Scott Levine (Brookfield Infrastructure): </b>Paying more at the pump, at the supermarket, at mom-and-pop shops can leave you feeling frustrated that your purchasing power has plummeted. Pinching the pursestrings may help alleviate the strain, but it&#39;s very likely that it won&#39;t be enough. Many investors, consequently, are turning to strong dividend stocks to boost their passive income -- especially those with appealing yields like the 4.4% forward dividend yield that Brookfield Infrastructure currently offers.</p><p>A global leader in infrastructure, Brookfield owns and operates a variety of assets that produce stable cash flows. Provided the company meets its funds from operations forecast and generates $2.70 per unit in 2022, the company will have increased its funds from operations at a compound annual growth rate (CAGR) of 11% from 2012 to 2022.</p><p>In addition to electricity and natural gas utilities, the company&#39;s assets include data infrastructure, transportation (such as rail operations and toll roads), and midstream energy pipelines and storage facilities. And the portfolio is poised to grow even larger. Among other projects that the company has in its pipeline, Brookfield Infrastructure is working with <b>Intel</b> to build a $30 billion semiconductor manufacturing facility in Arizona.</p><p>In addition to the stock&#39;s attractive yield, income investors will also find management&#39;s commitment to increasingly rewarding investors alluring. During a recent investor presentation, Brookfield Infrastructure reiterated a distribution growth target of 5% to 9% annually over the long term. For those who question whether this goal is realistic, a glance at the company&#39;s previous performance should lend some credibility. Should the company achieve its 2022 forecast and return $1.44 per unit in distributions, it will represent a 9% CAGR in its distributions per unit since 2012.</p></body></html>","source":"fool_stock","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>3 Powerhouse Passive-Income Stocks That Each Yield More Than 4%</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\">\n3 Powerhouse Passive-Income Stocks That Each Yield More Than 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-23 13:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/10/22/3-powerhouse-passive-income-stocks-high-yield-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Red-hot inflation, geopolitical tensions, an uncertain outlook for consumer spending and the housing market -- the list of stock market headwinds goes on and on. One approach for folks looking for a ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/10/22/3-powerhouse-passive-income-stocks-high-yield-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SWK":"美国史丹利公司","BIP":"布鲁克菲尔德公共建设","TTE":"道达尔"},"source_url":"https://www.fool.com/investing/2022/10/22/3-powerhouse-passive-income-stocks-high-yield-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2277232495","content_text":"Red-hot inflation, geopolitical tensions, an uncertain outlook for consumer spending and the housing market -- the list of stock market headwinds goes on and on. One approach for folks looking for a simple way to ride out the volatility is to invest in good companies that have attractive dividend yields.An advantage of a sizable yield -- particularly a yield of 4% or higher -- is that the dividend on its own is enough to supplement some income in retirement.However, the 4% level is even more critical right now because rising interest rates have pushed the three-month Treasury bill rate up. In fact, the three-month Treasury bill yield is currently 3.8% -- which is the highest level in 15 years.A stock with a 4% yield is essentially providing the same amount of passive income as a three-month Treasury bill while also giving exposure to the potential upside and downside of the equity market. Stanley Black & Decker , TotalEnergies, and Brookfield Infrastructure Partners  are three excellent companies that also happen to be high-yield dividend stocks. Here's what makes each a great buy now.The key to the investment case is now the restructuring planLee Samaha (Stanley Black & Decker): It's been an awful year for hardware and tools company Stanley Black & Decker. Investors started the year hoping for the company to begin overcoming supply chain pressures and its raw material costs. In doing so, Stanley would generate margin expansion in a year when it refocused on its core tools and storage and industrial products businesses.Stanley sold its electronic security business and its automatic doors business this year. Meanwhile, Stanley bought the remaining 80% it didn't own in outdoor and lawn products company MTD at the end of 2021, and investors were looking forward to its integration into Stanley's business.Unfortunately, almost everything went wrong. The supply chain issues persisted, as did raw material inflation. Meanwhile, Stanley's focus on the consumer, notably the housing market (DIY tools), exposes it to near-term risk as mortgage rates soar and the housing market slows.Case-Shiller Composite 20 Home Price Index YoY data by YChartsIn response, management has initiated an aggressive restructuring plan to shave a whopping $2 billion off costs within three years. As such, the key to the investment case is the successful implementation of the restructuring plan, while investors hope the DIY tools market will hold up, so they can enjoy the current 4.2% yield while they wait for recovery. It's a compelling proposition, but perhaps one better looked at after the company's most recent results, due at the end of October.A well-rounded energy company with the highest yield in its peer groupDaniel Foelber (TotalEnergies): Today, big oil companies are investing in alternative and renewable energy, diversifying their portfolios away from oil and gas. However, there are still only a handful of American and European integrated oil majors that play in the upstream, midstream, and downstream spaces. French multinational TotalEnergies is one of the six majors alongside BP, Shell, Equinor, Chevron, and ExxonMobil. Yet Total is the only European major that didn't cut its dividend during the worst of the oil and gas crash of 2020.Since then, BP, Shell, and Equinor have made sizable dividend raises, and Chevron and ExxonMobil have continued making moderate increases to maintain their status as Dividend Aristocrats. But Total still has the highest yield of the integrated majors -- with a yield of 5.5% (although taxes and fees apply for U.S. investors earning dividends from foreign companies).TTE Dividend Yield data by YChartsWhat's more, Total is an excellent value, with the second-lowest price-to-earnings (P/E) ratio of the majors at just 6.5. Investors should keep in mind that P/E ratios for the integrated oil major group as a whole are below their long-term averages despite their stock prices being up. The discounted valuation is likely due to expectations that profits will come down as oil and gas prices stabilize.Aside from its high dividend yield and low valuation, Total is in a good position to take advantage of strong oil and gas prices and new investments in lower carbon solutions. Total has one of the lowest costs of production of the oil majors. Its aggressive investments in liquefied natural gas (LNG) have given it a 10% share of the global LNG market as Total works toward making natural gas 50% of its sales mix by 2030.Total has also invested heavily in solar energy -- expanding its installed capacity from 0.7 gigawatts to 10 gigawatts between 2017 and 2021.In sum, Total has an efficient oil and gas portfolio, a growing LNG and renewable energy portfolio, a discounted valuation, and the highest dividend yield of the oil majors.Build a better passive income stream with BrookfieldScott Levine (Brookfield Infrastructure): Paying more at the pump, at the supermarket, at mom-and-pop shops can leave you feeling frustrated that your purchasing power has plummeted. Pinching the pursestrings may help alleviate the strain, but it's very likely that it won't be enough. Many investors, consequently, are turning to strong dividend stocks to boost their passive income -- especially those with appealing yields like the 4.4% forward dividend yield that Brookfield Infrastructure currently offers.A global leader in infrastructure, Brookfield owns and operates a variety of assets that produce stable cash flows. Provided the company meets its funds from operations forecast and generates $2.70 per unit in 2022, the company will have increased its funds from operations at a compound annual growth rate (CAGR) of 11% from 2012 to 2022.In addition to electricity and natural gas utilities, the company's assets include data infrastructure, transportation (such as rail operations and toll roads), and midstream energy pipelines and storage facilities. And the portfolio is poised to grow even larger. Among other projects that the company has in its pipeline, Brookfield Infrastructure is working with Intel to build a $30 billion semiconductor manufacturing facility in Arizona.In addition to the stock's attractive yield, income investors will also find management's commitment to increasingly rewarding investors alluring. During a recent investor presentation, Brookfield Infrastructure reiterated a distribution growth target of 5% to 9% annually over the long term. For those who question whether this goal is realistic, a glance at the company's previous performance should lend some credibility. Should the company achieve its 2022 forecast and return $1.44 per unit in distributions, it will represent a 9% CAGR in its distributions per unit since 2012.","news_type":1},"isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110770691,"gmtCreate":1622506502713,"gmtModify":1704185186576,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like n comment, thk","listText":"Like n comment, thk","text":"Like n comment, thk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/110770691","repostId":"1163643126","repostType":4,"repost":{"id":"1163643126","kind":"news","pubTimestamp":1622501861,"share":"https://ttm.financial/m/news/1163643126?lang=&edition=fundamental","pubTime":"2021-06-01 06:57","market":"hk","language":"en","title":"U.S futures start month slightly lower after major indexes saw gains in May","url":"https://stock-news.laohu8.com/highlight/detail?id=1163643126","media":"CNBC","summary":"Stock futures are slightly lower in overnight trading after major indexes saw gains in May.Futures o","content":"<div>\n<p>Stock futures are slightly lower in overnight trading after major indexes saw gains in May.Futures on the Dow Jones Industrial Average fell 35 points, or 0.10%. S&P 500 futures shed 0.09% and Nasdaq ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/31/stock-market-futures-open-to-close-news.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>U.S futures start month slightly lower after major indexes saw gains in May</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\">\nU.S futures start month slightly lower after major indexes saw gains in May\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-01 06:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/31/stock-market-futures-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock futures are slightly lower in overnight trading after major indexes saw gains in May.Futures on the Dow Jones Industrial Average fell 35 points, or 0.10%. S&P 500 futures shed 0.09% and Nasdaq ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/31/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/05/31/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1163643126","content_text":"Stock futures are slightly lower in overnight trading after major indexes saw gains in May.Futures on the Dow Jones Industrial Average fell 35 points, or 0.10%. S&P 500 futures shed 0.09% and Nasdaq 100 futures ticked 0.03% lower.The moves in overnight trading come after the blue-chip Dow and the S&P 500 gained 1.93% and 0.55% in May, respectively, to mark their fourth consecutive positive month. The S&P 500 closed Friday just 0.8% off its record high.The small cap Russell 2000 rose 0.11% in May to post its eighth positive month in a row — its longest monthly win streak since 1995.The Nasdaq gained 2.06% last week to post its best weekly performance since April. However, the tech-heavy composite lost 1.53% in May, breaking a 6-month win streak.A key inflation gauge — the core personal consumption expenditures index — rose 3.1% in April from a year earlier, faster than the forecasted 2.9% increase. Despite the hotter-than-expected inflation data,treasury yields fell on Friday.\"Overall, given the market's reaction to [Friday]'s PCE release, investor concerns about inflation may have been exaggerated — or perhaps already priced in,\" Chris Hussey, a managing director at Goldman Sachs, said in a note.\"Consensus may be building that the inflation we are seeing today is 'good' inflation — the kind of rise in prices that accompanies accelerating growth, not a monetary policy mistake,\" Hussey said.Investors are awaiting the Federal Reserve's meeting scheduled for June 15-16. Key for the markets is whether the Fed begins to believe that inflation is higher than it expected or that the economy is strengthening enough to progress without so much monetary support.May’s employment report, set to be released on Friday, will provide a key reading of the economy. According to Dow Jones, economists expect to see about 674,000 jobs created in May, after the muchfewer-than-expected 266,000 jobsadded in April.Zoom Video Communications and Hewlett Packard Enterpriseare set to report quarterly earnings results on Tuesday after the bell.— CNBC’s Patti Domm contributed reporting.","news_type":1},"isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575443999456708","authorId":"3575443999456708","name":"ponyinvestor","avatar":"https://static.tigerbbs.com/138d1ebc8820019726a687f0ffe45994","crmLevel":1,"crmLevelSwitch":0,"idStr":"3575443999456708","authorIdStr":"3575443999456708"},"content":"Give me a like & response to this comment","text":"Give me a like & response to this comment","html":"Give me a like & response to this comment"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926186614,"gmtCreate":1671493554839,"gmtModify":1676538544635,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"like&nbsp;","listText":"like&nbsp;","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9926186614","repostId":"2292680847","repostType":4,"repost":{"id":"2292680847","kind":"highlight","pubTimestamp":1671491716,"share":"https://ttm.financial/m/news/2292680847?lang=&edition=fundamental","pubTime":"2022-12-20 07:15","market":"us","language":"en","title":"Wall St Posts Fourth Straight Drop, Treasury Yields Rise As Recession Fears Weigh","url":"https://stock-news.laohu8.com/highlight/detail?id=2292680847","media":"Reuters","summary":"U.S. stocks closed sharply lower to extend their three-day losing streak on Monday and Treasury yiel","content":"<html><head></head><body><p>U.S. stocks closed sharply lower to extend their three-day losing streak on Monday and Treasury yields advanced, with few catalysts to dissuade risk-off sentiment at the beginning of a likely low-volume, pre-holiday week.</p><p>All three major U.S. stock indexes ended near their session lows as investors resumed last week&#39;s flight to safety, which was driven by recession worries and the Federal Reserve&#39;s renewed vow to keep interest rates at restrictive levels until the inflation beast is tamed.</p><p>&#34;Negative sentiment is reinforcing negative sentiment, feeding on itself,&#34; said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management in Seattle. &#34;(Investors are) worried about recession and higher rates and there’s not a lot of news to reverse the trend.&#34;</p><p>With just two weeks remaining in 2022, the S&amp;P 500, the Dow and the Nasdaq are on track to notch their largest annual percentage losses since 2008, the nadir of the global financial crisis.</p><p>But Haworth said, &#34;This just isn’t 2008, this is not an economy with a lot of bad debt that needs to be reconciled,&#34; adding, &#34;There’s a risk of a mild recession, (but) consumer balance sheets, corporate balance sheets are strong.&#34;</p><p>Market participants had been hopeful that signs of economic softness could translate to a dovish pivot from the Federal Reserve, but those hopes were dashed when the central bank downgraded its economic outlook and warned that interest rates will climb higher and stay there longer than many might have hoped.</p><p>&#34;The overwhelming theme of 2022 has been all about inflation and the Fed’s policy response,&#34; said Huw Roberts, head of analytics at Quant Insight in London. &#34;Just as markets get excited by a dovish pivot, (they) are undone by policy tightening.&#34;</p><p>Data due this week, including housing starts, existing home sales, consumer spending and inflation, is likely to provide a sharper focus on the extent to which the central bank&#39;s efforts to toss cold water on the economy are having their intended effect.</p><p>The Dow Jones Industrial Average fell 162.92 points, or 0.49%, to 32,757.54, the S&amp;P 500 lost 34.7 points, or 0.90%, to 3,817.66 and the Nasdaq Composite dropped 159.38 points, or 1.49%, to 10,546.03.</p><p>European shares regained some ground lost last week, with an assist from the energy sector as crude prices rose, reflecting hopes of demand recovery in China as Beijing relaxed COVID-19 restrictions.</p><p>The pan-European STOXX 600 index rose 0.27% and MSCI&#39;s gauge of stocks across the globe shed 0.64%.</p><p>Emerging market stocks rose 0.02%. MSCI&#39;s broadest index of Asia-Pacific shares outside Japan closed 0.23% lower, while Japan&#39;s Nikkei lost 1.05%.</p><p>U.S. Treasury yields rose as investors considered how high the Federal Reserve will hike interest rates in its protracted battle against inflation.</p><p>Benchmark 10-year notes last fell 31/32 in price to yield 3.5938%, from 3.482% late on Friday. Prices move inversely to yields.</p><p>The 30-year bond last fell 66/32 in price to yield 3.6405%, from 3.533% late on Friday.</p><p>The dollar edged lower against a basket of world currencies, which were boosted by a steadying risk appetite.</p><p>The dollar index rose 0.01%, with the euro up 0.2% at $1.0603.</p><p>The Japanese yen weakened 0.16% versus the greenback at 136.95 per dollar, while sterling was last trading at $1.2143, up 0.02% on the day.</p><p>Crude prices rebounded on hopes of strengthening demand in the wake of China&#39;s relaxation of its zero-COVID policy, but recession jitters held those gains in check.</p><p>U.S. crude rose 1.21% to settle at $75.19 per barrel, while Brent settled at $79.80, up 0.96% on the day.</p><p>Gold inched lower in thin trading, as rising yields on expected future interest rate hikes helped offset weakness in the greenback.</p><p>Spot gold dropped 0.3% to $1,786.69 an ounce.</p><p><img src=\"https://static.tigerbbs.com/d6755eff2cf41e31a885a11e79f0d1d4\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p></body></html>","source":"yahoofinance_sg","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>Wall St Posts Fourth Straight Drop, Treasury Yields Rise As Recession Fears Weigh</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\">\nWall St Posts Fourth Straight Drop, Treasury Yields Rise As Recession Fears Weigh\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-20 07:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/global-markets-wall-st-posts-214900006.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks closed sharply lower to extend their three-day losing streak on Monday and Treasury yields advanced, with few catalysts to dissuade risk-off sentiment at the beginning of a likely low-...</p>\n\n<a href=\"https://finance.yahoo.com/news/global-markets-wall-st-posts-214900006.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","COMP":"Compass, Inc.",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/global-markets-wall-st-posts-214900006.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2292680847","content_text":"U.S. stocks closed sharply lower to extend their three-day losing streak on Monday and Treasury yields advanced, with few catalysts to dissuade risk-off sentiment at the beginning of a likely low-volume, pre-holiday week.All three major U.S. stock indexes ended near their session lows as investors resumed last week's flight to safety, which was driven by recession worries and the Federal Reserve's renewed vow to keep interest rates at restrictive levels until the inflation beast is tamed.\"Negative sentiment is reinforcing negative sentiment, feeding on itself,\" said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management in Seattle. \"(Investors are) worried about recession and higher rates and there’s not a lot of news to reverse the trend.\"With just two weeks remaining in 2022, the S&P 500, the Dow and the Nasdaq are on track to notch their largest annual percentage losses since 2008, the nadir of the global financial crisis.But Haworth said, \"This just isn’t 2008, this is not an economy with a lot of bad debt that needs to be reconciled,\" adding, \"There’s a risk of a mild recession, (but) consumer balance sheets, corporate balance sheets are strong.\"Market participants had been hopeful that signs of economic softness could translate to a dovish pivot from the Federal Reserve, but those hopes were dashed when the central bank downgraded its economic outlook and warned that interest rates will climb higher and stay there longer than many might have hoped.\"The overwhelming theme of 2022 has been all about inflation and the Fed’s policy response,\" said Huw Roberts, head of analytics at Quant Insight in London. \"Just as markets get excited by a dovish pivot, (they) are undone by policy tightening.\"Data due this week, including housing starts, existing home sales, consumer spending and inflation, is likely to provide a sharper focus on the extent to which the central bank's efforts to toss cold water on the economy are having their intended effect.The Dow Jones Industrial Average fell 162.92 points, or 0.49%, to 32,757.54, the S&P 500 lost 34.7 points, or 0.90%, to 3,817.66 and the Nasdaq Composite dropped 159.38 points, or 1.49%, to 10,546.03.European shares regained some ground lost last week, with an assist from the energy sector as crude prices rose, reflecting hopes of demand recovery in China as Beijing relaxed COVID-19 restrictions.The pan-European STOXX 600 index rose 0.27% and MSCI's gauge of stocks across the globe shed 0.64%.Emerging market stocks rose 0.02%. MSCI's broadest index of Asia-Pacific shares outside Japan closed 0.23% lower, while Japan's Nikkei lost 1.05%.U.S. Treasury yields rose as investors considered how high the Federal Reserve will hike interest rates in its protracted battle against inflation.Benchmark 10-year notes last fell 31/32 in price to yield 3.5938%, from 3.482% late on Friday. Prices move inversely to yields.The 30-year bond last fell 66/32 in price to yield 3.6405%, from 3.533% late on Friday.The dollar edged lower against a basket of world currencies, which were boosted by a steadying risk appetite.The dollar index rose 0.01%, with the euro up 0.2% at $1.0603.The Japanese yen weakened 0.16% versus the greenback at 136.95 per dollar, while sterling was last trading at $1.2143, up 0.02% on the day.Crude prices rebounded on hopes of strengthening demand in the wake of China's relaxation of its zero-COVID policy, but recession jitters held those gains in check.U.S. crude rose 1.21% to settle at $75.19 per barrel, while Brent settled at $79.80, up 0.96% on the day.Gold inched lower in thin trading, as rising yields on expected future interest rate hikes helped offset weakness in the greenback.Spot gold dropped 0.3% to $1,786.69 an ounce.","news_type":1},"isVote":1,"tweetType":1,"viewCount":40,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9050435244,"gmtCreate":1654222321388,"gmtModify":1676535415979,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050435244","repostId":"2240305492","repostType":4,"repost":{"id":"2240305492","kind":"highlight","pubTimestamp":1654227926,"share":"https://ttm.financial/m/news/2240305492?lang=&edition=fundamental","pubTime":"2022-06-03 11:45","market":"us","language":"en","title":"3 Riskier Warren Buffett Stocks That Could Beat the Dow","url":"https://stock-news.laohu8.com/highlight/detail?id=2240305492","media":"Motley Fool","summary":"Warren Buffett and Berkshire Hathaway have produced better annual average returns than most broader market indexes.","content":"<html><head></head><body><p>Warren Buffett and his company <b>Berkshire Hathaway</b> (BRK.A -0.73%)(BRK.B -0.63%) have a long track record of beating the broader market indexes such as the <b>Dow Jones Industrial Average</b>. Between 1965 and 2020, Berkshire&#39;s stock has posted an annual average return of about 20%, while the Dow has an average annual return of roughly 7.75% between 1921 and 2019.</p><p>A big part of this is due to Buffett and Berkshire&#39;s more than $350 billion stock portfolio. While some stocks like <b>Apple</b> and <b>Bank of America</b> make up a huge percentage of the portfolio and are likely ones that Buffett and Berkshire consider to be safer, there are other smaller picks in the portfolio that Buffett and Berkshire may deem to be riskier but that also have much more potential upside. Here are three riskier Buffett stocks that can beat the Dow on a long-term basis.</p><h2>1. Citigroup</h2><p>As a shareholder, I was thrilled to see Buffett and Berkshire snag shares of <b>Citigroup</b> in the first quarter of this year. The bank has struggled for years to generate the same kind of returns as its large bank peers, leading many to believe it&#39;s a value trap. Citigroup has on numerous occasions traded below its tangible book value (TBV), or net worth, over the last decade. But this is the first time Berkshire has purchased the stock since 2001, according to Securities and Exchange Commission filings.</p><p>In my view, it looks like this time may indeed be different with CEO Jane Fraser, who only took the reins of the bank about a year ago, planning major strategic changes including selling most of the bank&#39;s international consumer banking divisions, doubling down on areas of strength, and finally investing what is needed to fix regulatory issues.</p><p>The big risk here is that the transformation could still be a multi-year journey and investors are running out of patience, so there is very little margin for error and this is a stock that could continue to be a value trap. But trading at just 67% to its TBV, the stock has about 47% upside just to get back to TBV, which would still not even be considered a good valuation in today&#39;s banking industry.</p><p>Citigroup&#39;s investment banking unit, large U.S. deposit market share, and extremely global presence are certain attributes that would be difficult to replicate. The bank also has a dividend yield of roughly 3.8%, which will compensate investors nicely while they wait for the transformation plan to play out.</p><h2>2. <a href=\"https://laohu8.com/S/GOM\">Ally Financial</a></h2><p>The large digital bank and auto lender <b>Ally Financial</b> is another stock that Berkshire scooped up at the beginning of this year that has a lot of the attributes of a classic Buffett stock. Not only does Ally trade at a cheap valuation, but it also returns a good amount of capital to shareholders. Despite generating strong returns in 2021 and guiding for smaller but still impressive returns going forward, Ally only trades at about 116% to its TBV and 5.6 times forward earnings.</p><p>Ally faces a few big risks. There could be a recession sometime in the near future that makes consumers default on their loans at higher rates than management is currently anticipating. There are also concerns over what will happen to used-car prices, which have been elevated, although Ally&#39;s management team is anticipating prices to eventually come down. Higher interest rates could also raise Ally&#39;s deposit costs and cut into margins, although the bank has significantly increased its retail deposit base in recent years.</p><p>Still, if Ally can overcome some of these near-term headwinds and still generate good returns, the stock will likely get rerated. Ally also returns a lot of capital to shareholders and is planning to execute a $2 billion stock buyback plan this year alone.</p><h2>3. Nu Holdings</h2><p>Berkshire has clearly taken an interest in Latin America&#39;s growing financial sector, and with good reason given the massive potential. Last year, Berkshire invested in the Brazilian challenger bank <b>Nu Holdings</b>, which has made massive progress with its frictionless, low-fee banking experience. Nu has acquired close to 60 million customers with a low, industry-leading customer acquisition cost. Nu currently banks 33% of the adult Brazilian population and has provided millions of its customers with their first bank account or credit card. Nu is also growing in Mexico and Colombia.</p><p>The risk here is that the Latin American market can be difficult, given high levels of inflation and volatile economic conditions. Furthermore, Nu is not yet profitable and will likely face lots of competition. But the company is growing revenue significantly and after the huge sell-off of growth stocks this year, investors have the rare opportunity to buy Nu stock at a much cheaper valuation than when Buffett or Berkshire got in. Nu is a leading digital disruptor in <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the world&#39;s fastest-growing regions for banking.</p></body></html>","source":"fool_stock","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>3 Riskier Warren Buffett Stocks That Could Beat the Dow</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\">\n3 Riskier Warren Buffett Stocks That Could Beat the Dow\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-03 11:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/06/02/riskier-warren-buffett-stocks-that-could-beat-dow/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett and his company Berkshire Hathaway (BRK.A -0.73%)(BRK.B -0.63%) have a long track record of beating the broader market indexes such as the Dow Jones Industrial Average. Between 1965 and...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/02/riskier-warren-buffett-stocks-that-could-beat-dow/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NU":"Nu Holdings Ltd.","ALLY":"Ally Financial Inc.","C":"花旗"},"source_url":"https://www.fool.com/investing/2022/06/02/riskier-warren-buffett-stocks-that-could-beat-dow/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240305492","content_text":"Warren Buffett and his company Berkshire Hathaway (BRK.A -0.73%)(BRK.B -0.63%) have a long track record of beating the broader market indexes such as the Dow Jones Industrial Average. Between 1965 and 2020, Berkshire's stock has posted an annual average return of about 20%, while the Dow has an average annual return of roughly 7.75% between 1921 and 2019.A big part of this is due to Buffett and Berkshire's more than $350 billion stock portfolio. While some stocks like Apple and Bank of America make up a huge percentage of the portfolio and are likely ones that Buffett and Berkshire consider to be safer, there are other smaller picks in the portfolio that Buffett and Berkshire may deem to be riskier but that also have much more potential upside. Here are three riskier Buffett stocks that can beat the Dow on a long-term basis.1. CitigroupAs a shareholder, I was thrilled to see Buffett and Berkshire snag shares of Citigroup in the first quarter of this year. The bank has struggled for years to generate the same kind of returns as its large bank peers, leading many to believe it's a value trap. Citigroup has on numerous occasions traded below its tangible book value (TBV), or net worth, over the last decade. But this is the first time Berkshire has purchased the stock since 2001, according to Securities and Exchange Commission filings.In my view, it looks like this time may indeed be different with CEO Jane Fraser, who only took the reins of the bank about a year ago, planning major strategic changes including selling most of the bank's international consumer banking divisions, doubling down on areas of strength, and finally investing what is needed to fix regulatory issues.The big risk here is that the transformation could still be a multi-year journey and investors are running out of patience, so there is very little margin for error and this is a stock that could continue to be a value trap. But trading at just 67% to its TBV, the stock has about 47% upside just to get back to TBV, which would still not even be considered a good valuation in today's banking industry.Citigroup's investment banking unit, large U.S. deposit market share, and extremely global presence are certain attributes that would be difficult to replicate. The bank also has a dividend yield of roughly 3.8%, which will compensate investors nicely while they wait for the transformation plan to play out.2. Ally FinancialThe large digital bank and auto lender Ally Financial is another stock that Berkshire scooped up at the beginning of this year that has a lot of the attributes of a classic Buffett stock. Not only does Ally trade at a cheap valuation, but it also returns a good amount of capital to shareholders. Despite generating strong returns in 2021 and guiding for smaller but still impressive returns going forward, Ally only trades at about 116% to its TBV and 5.6 times forward earnings.Ally faces a few big risks. There could be a recession sometime in the near future that makes consumers default on their loans at higher rates than management is currently anticipating. There are also concerns over what will happen to used-car prices, which have been elevated, although Ally's management team is anticipating prices to eventually come down. Higher interest rates could also raise Ally's deposit costs and cut into margins, although the bank has significantly increased its retail deposit base in recent years.Still, if Ally can overcome some of these near-term headwinds and still generate good returns, the stock will likely get rerated. Ally also returns a lot of capital to shareholders and is planning to execute a $2 billion stock buyback plan this year alone.3. Nu HoldingsBerkshire has clearly taken an interest in Latin America's growing financial sector, and with good reason given the massive potential. Last year, Berkshire invested in the Brazilian challenger bank Nu Holdings, which has made massive progress with its frictionless, low-fee banking experience. Nu has acquired close to 60 million customers with a low, industry-leading customer acquisition cost. Nu currently banks 33% of the adult Brazilian population and has provided millions of its customers with their first bank account or credit card. Nu is also growing in Mexico and Colombia.The risk here is that the Latin American market can be difficult, given high levels of inflation and volatile economic conditions. Furthermore, Nu is not yet profitable and will likely face lots of competition. But the company is growing revenue significantly and after the huge sell-off of growth stocks this year, investors have the rare opportunity to buy Nu stock at a much cheaper valuation than when Buffett or Berkshire got in. Nu is a leading digital disruptor in one of the world's fastest-growing regions for banking.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922624648,"gmtCreate":1671760254385,"gmtModify":1676538588731,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9922624648","repostId":"2293532324","repostType":4,"repost":{"id":"2293532324","kind":"highlight","pubTimestamp":1671768153,"share":"https://ttm.financial/m/news/2293532324?lang=&edition=fundamental","pubTime":"2022-12-23 12:02","market":"us","language":"en","title":"Tesla: Buy The Panic - Disregard The Noise","url":"https://stock-news.laohu8.com/highlight/detail?id=2293532324","media":"Seekingalpha","summary":"Tesla's (NASDAQ:TSLA) stock has gone in reverse, dropping to its lowest level in more than two years","content":"<html><head></head><body><p>Tesla&#39;s (NASDAQ:TSLA) stock has gone in reverse, dropping to its lowest level in more than two years. The share price has crashed nearly 70% since its high-flying days in 2021. Nevertheless, Tesla is in a prime position to continue dominating its segment and should grow revenues significantly while expanding profitability simultaneously. Transitory factors such as Elon Musk buying Twitter and other noise should not impact Tesla&#39;s expansion and long-term profitability potential. Tesla has a delivery report coming up, and the company could surprise to the upside, leading to a more profitable-than-expected Q4.</p><p>Moreover, Tesla is becoming cheap on a P/E and even on a P/S basis. Disregard the noise! Tesla is a buy in the $120-$140 range, and the stock becomes a conviction strong buy if it gets down to about the $100-$110 level in this bear market.</p><h2>How Cheap Would Tesla be at $100?</h2><p>For starters, $100 is 76% below Tesla&#39;s ATH in 2021. At $100, Tesla would trade at 24 times this year&#39;s EPS estimates and just 18 times next year&#39;s consensus analysts&#39; figures. Ok, so the stock is not at $100, but the closer it gets, the more interesting it becomes. At $134, Tesla is trading at about 22 times forward EPS estimates. This valuation is inexpensive for a dominant, rapidly expanding, market-leading company like Tesla. Therefore, the lower it goes, the better, because it will provide an excellent long-term buying opportunity. The stock is a buy in the $120-$140 range here. Below $120, Tesla becomes a strong buy, and it&#39;s a gift if it ever comes down to $100.</p><p><b>Technically Speaking: Tesla - 30-Month Chart</b></p><p><img src=\"https://static.tigerbbs.com/6be10396acac9530d4202ca5cd346dda\" tg-width=\"640\" tg-height=\"676\" referrerpolicy=\"no-referrer\"/></p><p>TSLA (StockCharts.com)</p><p>Tesla&#39;s given up significant gains over the last year. The stock is down by nearly 70% in this bear market, and it may even worsen. However, was this spectacular decline a big surprise to people? All the tech giants went through significant downturns, and Tesla&#39;s stock is still dealing with the heat. Nevertheless, the RSI is below 25 here, illustrating that the stock is significantly oversold. The full stochastic is only 3.05, implying a possible short-term shift to more positive momentum. The problem with Tesla&#39;s stock is that it is still in a downtrend. Therefore, a near-term bounce may be temporary, and the stock could ultimately bottom lower, around the $110-$120 range.</p><h2>The Upcoming Deliveries Report</h2><p>Tesla should announce its Q4 deliveries soon, and the market expects 450-465K vehicle deliveries for the fourth quarter. However, Tesla could surprise higher, delivering 475K or more vehicles in the final quarter of 2022. 475K or more car deliveries should surprise the market, reflecting positively on Tesla&#39;s stock. Despite the transitory global slowdown, demand remains high for Tesla vehicles, and the company plans to unveil its fifth gigafactory in Mexico soon.</p><h2>Disregard the Twitter Drama</h2><p>There is a great deal of focus on what is happening at Twitter, which is not helping Tesla&#39;s stock. The &#34;Twitter Drama&#34; continues weighing on the sentiment surrounding Tesla and the company&#39;s stock price. Do investors think Elon Musk will forget about Tesla and focus most of his attention on Twitter instead? I don&#39;t think so. First, Elon Musk is accustomed to optimizing multiple companies simultaneously. Mr. Musk has experience running SpaceX, Tesla, and other corporations. Also, Musk is looking for the right CEO to take over the helm at the struggling social media giant. Nevertheless, the Twitter drama shouldn&#39;t spill over and impact Tesla&#39;s long-term operations.</p><h2>Ramping Up Revenues</h2><p><img src=\"https://static.tigerbbs.com/02ec9afbf09cbec15c251e2e735c4296\" tg-width=\"640\" tg-height=\"222\" referrerpolicy=\"no-referrer\"/></p><p>Revenue estimates (SeekingAlpha.com)</p><p>Tesla&#39;s consensus estimated revenue growth is 55% this year and 39% in 2023. Moreover, the company should experience robust double-digit growth for several years, offering a high probability of surpassing current depressed estimate figures. Therefore, we should see 15-25% revenue growth continuing beyond 2025.</p><h2>EPS Growth to Expand</h2><p><img src=\"https://static.tigerbbs.com/6981582ddd151f3a0e87af9a1b9c436e\" tg-width=\"640\" tg-height=\"220\" referrerpolicy=\"no-referrer\"/></p><p>EPS estimates (SeekingAlpha.com )</p><p>The consensus EPS estimates for 2023 are for $5.64, but the company can earn $6-$7 next year. Therefore, Tesla&#39;s current forward P/E ratio is around 19-22. Moreover, Tesla could make close to its higher-end estimates in 2024 and 2025. Thus, the company&#39;s EPS could run up to approximately $10 and $14 in the coming years. Provided that Tesla earns around $14 in 2025, its current valuation is less than ten times the 2025 EPS potential.</p><h2><b>Where Tesla&#39;s Stock Could be in A Few Years </b></h2><table><tbody><tr><td>Year</td><td>2022</td><td>2023</td><td>2024</td><td>2025</td><td>2026</td><td>2027</td><td>2028</td><td>2029</td></tr><tr><td>Revenue Bs</td><td>$85</td><td>$132</td><td>$185</td><td>$250</td><td>$330</td><td>$429</td><td>$550</td><td>$686</td></tr><tr><td>Revenue growth</td><td>57%</td><td>55%</td><td>40%</td><td>35%</td><td>32%</td><td>30%</td><td>28%</td><td>25%</td></tr><tr><td>EPS</td><td>$4.50</td><td>$7</td><td>$10</td><td>$14</td><td>$19</td><td>$25</td><td>$32</td><td>$40</td></tr><tr><td>EPS growth</td><td>99%</td><td>56%</td><td>43%</td><td>40%</td><td>36%</td><td>32%</td><td>29%</td><td>26%</td></tr><tr><td>Forward P/E</td><td>19.6</td><td>22</td><td>23</td><td>24</td><td>25</td><td>23</td><td>22</td><td>20</td></tr><tr><td>Price</td><td>$137</td><td>$220</td><td>$322</td><td>$456</td><td>$625</td><td>$736</td><td>$880</td><td>$950</td></tr></tbody></table><p>Click to enlarge</p><p>Source: The Financial Prophet</p><h2>Tesla Risks</h2><p><b>Risks exist for Tesla</b> - The company may miss earnings and revenue estimates. Furthermore, a slowdown in demand, increased competition, supply issues, decreased growth, issues with regulators and foreign governments, and other variables are all risks we should consider before betting on Tesla to move higher. Serious concerns could cause Tesla&#39;s valuation to lose altitude, and the company&#39;s share price could even head in reverse if any serious issues should arise. Therefore, one should consider these and other risks before committing any capital to a Tesla investment.</p></body></html>","source":"seekingalpha_fund","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>Tesla: Buy The Panic - Disregard The Noise</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\">\nTesla: Buy The Panic - Disregard The Noise\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-23 12:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4566022-tesla-buy-the-panic-disregard-the-noise><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla's (NASDAQ:TSLA) stock has gone in reverse, dropping to its lowest level in more than two years. The share price has crashed nearly 70% since its high-flying days in 2021. Nevertheless, Tesla is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4566022-tesla-buy-the-panic-disregard-the-noise\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4566022-tesla-buy-the-panic-disregard-the-noise","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2293532324","content_text":"Tesla's (NASDAQ:TSLA) stock has gone in reverse, dropping to its lowest level in more than two years. The share price has crashed nearly 70% since its high-flying days in 2021. Nevertheless, Tesla is in a prime position to continue dominating its segment and should grow revenues significantly while expanding profitability simultaneously. Transitory factors such as Elon Musk buying Twitter and other noise should not impact Tesla's expansion and long-term profitability potential. Tesla has a delivery report coming up, and the company could surprise to the upside, leading to a more profitable-than-expected Q4.Moreover, Tesla is becoming cheap on a P/E and even on a P/S basis. Disregard the noise! Tesla is a buy in the $120-$140 range, and the stock becomes a conviction strong buy if it gets down to about the $100-$110 level in this bear market.How Cheap Would Tesla be at $100?For starters, $100 is 76% below Tesla's ATH in 2021. At $100, Tesla would trade at 24 times this year's EPS estimates and just 18 times next year's consensus analysts' figures. Ok, so the stock is not at $100, but the closer it gets, the more interesting it becomes. At $134, Tesla is trading at about 22 times forward EPS estimates. This valuation is inexpensive for a dominant, rapidly expanding, market-leading company like Tesla. Therefore, the lower it goes, the better, because it will provide an excellent long-term buying opportunity. The stock is a buy in the $120-$140 range here. Below $120, Tesla becomes a strong buy, and it's a gift if it ever comes down to $100.Technically Speaking: Tesla - 30-Month ChartTSLA (StockCharts.com)Tesla's given up significant gains over the last year. The stock is down by nearly 70% in this bear market, and it may even worsen. However, was this spectacular decline a big surprise to people? All the tech giants went through significant downturns, and Tesla's stock is still dealing with the heat. Nevertheless, the RSI is below 25 here, illustrating that the stock is significantly oversold. The full stochastic is only 3.05, implying a possible short-term shift to more positive momentum. The problem with Tesla's stock is that it is still in a downtrend. Therefore, a near-term bounce may be temporary, and the stock could ultimately bottom lower, around the $110-$120 range.The Upcoming Deliveries ReportTesla should announce its Q4 deliveries soon, and the market expects 450-465K vehicle deliveries for the fourth quarter. However, Tesla could surprise higher, delivering 475K or more vehicles in the final quarter of 2022. 475K or more car deliveries should surprise the market, reflecting positively on Tesla's stock. Despite the transitory global slowdown, demand remains high for Tesla vehicles, and the company plans to unveil its fifth gigafactory in Mexico soon.Disregard the Twitter DramaThere is a great deal of focus on what is happening at Twitter, which is not helping Tesla's stock. The \"Twitter Drama\" continues weighing on the sentiment surrounding Tesla and the company's stock price. Do investors think Elon Musk will forget about Tesla and focus most of his attention on Twitter instead? I don't think so. First, Elon Musk is accustomed to optimizing multiple companies simultaneously. Mr. Musk has experience running SpaceX, Tesla, and other corporations. Also, Musk is looking for the right CEO to take over the helm at the struggling social media giant. Nevertheless, the Twitter drama shouldn't spill over and impact Tesla's long-term operations.Ramping Up RevenuesRevenue estimates (SeekingAlpha.com)Tesla's consensus estimated revenue growth is 55% this year and 39% in 2023. Moreover, the company should experience robust double-digit growth for several years, offering a high probability of surpassing current depressed estimate figures. Therefore, we should see 15-25% revenue growth continuing beyond 2025.EPS Growth to ExpandEPS estimates (SeekingAlpha.com )The consensus EPS estimates for 2023 are for $5.64, but the company can earn $6-$7 next year. Therefore, Tesla's current forward P/E ratio is around 19-22. Moreover, Tesla could make close to its higher-end estimates in 2024 and 2025. Thus, the company's EPS could run up to approximately $10 and $14 in the coming years. Provided that Tesla earns around $14 in 2025, its current valuation is less than ten times the 2025 EPS potential.Where Tesla's Stock Could be in A Few Years Year20222023202420252026202720282029Revenue Bs$85$132$185$250$330$429$550$686Revenue growth57%55%40%35%32%30%28%25%EPS$4.50$7$10$14$19$25$32$40EPS growth99%56%43%40%36%32%29%26%Forward P/E19.622232425232220Price$137$220$322$456$625$736$880$950Click to enlargeSource: The Financial ProphetTesla RisksRisks exist for Tesla - The company may miss earnings and revenue estimates. Furthermore, a slowdown in demand, increased competition, supply issues, decreased growth, issues with regulators and foreign governments, and other variables are all risks we should consider before betting on Tesla to move higher. Serious concerns could cause Tesla's valuation to lose altitude, and the company's share price could even head in reverse if any serious issues should arise. Therefore, one should consider these and other risks before committing any capital to a Tesla investment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963567155,"gmtCreate":1668727954477,"gmtModify":1676538102217,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9963567155","repostId":"2284716909","repostType":4,"repost":{"id":"2284716909","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1668718854,"share":"https://ttm.financial/m/news/2284716909?lang=&edition=fundamental","pubTime":"2022-11-18 05:00","market":"us","language":"en","title":"US STOCKS-Wall Street Drops As Hawkish Fed Official Comments Weigh","url":"https://stock-news.laohu8.com/highlight/detail?id=2284716909","media":"Reuters","summary":"(Reuters) - Wall Street's main indexes ended modestly lower on Thursday in a choppy session as hawki","content":"<html><head></head><body><p>(Reuters) - Wall Street&#39;s main indexes ended modestly lower on Thursday in a choppy session as hawkish comments from a U.S. Federal Reserve official and data showing the labor market remained tight led some investors to worry about more aggressive interest rate hikes.</p><p>St. Louis Fed President James Bullard said the central bank needs to keep raising rates given that its tightening so far &#34;had only limited effects on observed inflation.&#34;</p><p>Stocks have retreated in recent days after a strong month-long rally spurred by softer-than-expected inflation reports that raised hopes the Fed would temper its rate hikes.</p><p>&#34;The Fed is still talking up, generally, interest rates,&#34; said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago. &#34;There might be some disagreement about the pace. But interest rates are not coming down anytime soon.”</p><p>Stocks reduced losses late in the session but the major indexes still ended in negative territory.</p><p>The Dow Jones Industrial Average (.DJI) fell 7.51 points, or 0.02%, to 33,546.32, the S&amp;P 500 (.SPX) lost 12.23 points, or 0.31%, to 3,946.56 and the Nasdaq Composite (.IXIC) dropped 38.70 points, or 0.35%, to 11,144.96.</p><p>Data showed the number of Americans filing new claims for unemployment benefits fell last week, suggesting the labor market remained tight. A report on Wednesday detailed strong retail sales growth last month, indicating the economy has weathered rate hikes.</p><p>Bets from traders of a 75 basis point hike at the Fed&#39;s next meeting climbed to 19% from about 15% a day earlier, according to the CME Group&#39;s FedWatch tool. Most investors still expect a 50 basis point increase.</p><p>Cisco Systems (CSCO.O) shares rose 5% after the company raised its full-year revenue and profit forecast with supply chain hurdles easing. The stock helped the S&amp;P 500 information technology sector (.SPLRCT) log a 0.2% gain.</p><p>Most S&amp;P 500 sectors ended lower, however, with utilities (.SPLRCU) shedding 1.8% and consumer discretionary (.SPLRCD) dropping about 1.3%.</p><p>In company news, shares of Macy&#39;s (M.N) surged 15% after the department store chain raised its annual profit forecast on resilient demand for high-end clothes and beauty products.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.06-to-1 ratio; on Nasdaq, a 1.65-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 46 new highs and 169 new lows.</p><p>About 10.3 billion shares changed hands in U.S. exchanges, compared with the 12.1 billion daily average over the last 20 sessions.</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>US STOCKS-Wall Street Drops As Hawkish Fed Official Comments Weigh</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\">\nUS STOCKS-Wall Street Drops As Hawkish Fed Official Comments Weigh\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-11-18 05:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Wall Street&#39;s main indexes ended modestly lower on Thursday in a choppy session as hawkish comments from a U.S. Federal Reserve official and data showing the labor market remained tight led some investors to worry about more aggressive interest rate hikes.</p><p>St. Louis Fed President James Bullard said the central bank needs to keep raising rates given that its tightening so far &#34;had only limited effects on observed inflation.&#34;</p><p>Stocks have retreated in recent days after a strong month-long rally spurred by softer-than-expected inflation reports that raised hopes the Fed would temper its rate hikes.</p><p>&#34;The Fed is still talking up, generally, interest rates,&#34; said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago. &#34;There might be some disagreement about the pace. But interest rates are not coming down anytime soon.”</p><p>Stocks reduced losses late in the session but the major indexes still ended in negative territory.</p><p>The Dow Jones Industrial Average (.DJI) fell 7.51 points, or 0.02%, to 33,546.32, the S&amp;P 500 (.SPX) lost 12.23 points, or 0.31%, to 3,946.56 and the Nasdaq Composite (.IXIC) dropped 38.70 points, or 0.35%, to 11,144.96.</p><p>Data showed the number of Americans filing new claims for unemployment benefits fell last week, suggesting the labor market remained tight. A report on Wednesday detailed strong retail sales growth last month, indicating the economy has weathered rate hikes.</p><p>Bets from traders of a 75 basis point hike at the Fed&#39;s next meeting climbed to 19% from about 15% a day earlier, according to the CME Group&#39;s FedWatch tool. Most investors still expect a 50 basis point increase.</p><p>Cisco Systems (CSCO.O) shares rose 5% after the company raised its full-year revenue and profit forecast with supply chain hurdles easing. The stock helped the S&amp;P 500 information technology sector (.SPLRCT) log a 0.2% gain.</p><p>Most S&amp;P 500 sectors ended lower, however, with utilities (.SPLRCU) shedding 1.8% and consumer discretionary (.SPLRCD) dropping about 1.3%.</p><p>In company news, shares of Macy&#39;s (M.N) surged 15% after the department store chain raised its annual profit forecast on resilient demand for high-end clothes and beauty products.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.06-to-1 ratio; on Nasdaq, a 1.65-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 46 new highs and 169 new lows.</p><p>About 10.3 billion shares changed hands in U.S. exchanges, compared with the 12.1 billion daily average over the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2284716909","content_text":"(Reuters) - Wall Street's main indexes ended modestly lower on Thursday in a choppy session as hawkish comments from a U.S. Federal Reserve official and data showing the labor market remained tight led some investors to worry about more aggressive interest rate hikes.St. Louis Fed President James Bullard said the central bank needs to keep raising rates given that its tightening so far \"had only limited effects on observed inflation.\"Stocks have retreated in recent days after a strong month-long rally spurred by softer-than-expected inflation reports that raised hopes the Fed would temper its rate hikes.\"The Fed is still talking up, generally, interest rates,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago. \"There might be some disagreement about the pace. But interest rates are not coming down anytime soon.”Stocks reduced losses late in the session but the major indexes still ended in negative territory.The Dow Jones Industrial Average (.DJI) fell 7.51 points, or 0.02%, to 33,546.32, the S&P 500 (.SPX) lost 12.23 points, or 0.31%, to 3,946.56 and the Nasdaq Composite (.IXIC) dropped 38.70 points, or 0.35%, to 11,144.96.Data showed the number of Americans filing new claims for unemployment benefits fell last week, suggesting the labor market remained tight. A report on Wednesday detailed strong retail sales growth last month, indicating the economy has weathered rate hikes.Bets from traders of a 75 basis point hike at the Fed's next meeting climbed to 19% from about 15% a day earlier, according to the CME Group's FedWatch tool. Most investors still expect a 50 basis point increase.Cisco Systems (CSCO.O) shares rose 5% after the company raised its full-year revenue and profit forecast with supply chain hurdles easing. The stock helped the S&P 500 information technology sector (.SPLRCT) log a 0.2% gain.Most S&P 500 sectors ended lower, however, with utilities (.SPLRCU) shedding 1.8% and consumer discretionary (.SPLRCD) dropping about 1.3%.In company news, shares of Macy's (M.N) surged 15% after the department store chain raised its annual profit forecast on resilient demand for high-end clothes and beauty products.Declining issues outnumbered advancing ones on the NYSE by a 2.06-to-1 ratio; on Nasdaq, a 1.65-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 46 new highs and 169 new lows.About 10.3 billion shares changed hands in U.S. exchanges, compared with the 12.1 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917033036,"gmtCreate":1665379436926,"gmtModify":1676537596231,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9917033036","repostId":"2274458895","repostType":4,"repost":{"id":"2274458895","kind":"news","pubTimestamp":1665355533,"share":"https://ttm.financial/m/news/2274458895?lang=&edition=fundamental","pubTime":"2022-10-10 06:45","market":"us","language":"en","title":"CPI Sets the Stage for Fed's November Hike, Banks Report for Q3: What to Know This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2274458895","media":"Yahoo Finance","summary":"An already strained U.S. stock market will be further challenged in the week ahead as the government publishes a key inflation report and megabanks kick off what’slikely to be a murky earnings season.","content":"<html><head></head><body><p>An already strained U.S. stock market will be further challenged in the week ahead as the government publishes a key inflation report and megabanks kick off what’s likely to be a murky earnings season.</p><p>The highly-awaited Consumer Price Index (CPI) takes top billing in coming days, with third-quarter financials from the country’s largest banks – JPMorgan (JPM), Citi (C), and Wells Fargo (WFC) – following suit in the line of importance.</p><p><img src=\"https://static.tigerbbs.com/0f0f37bbff5251cf5a672004561faeef\" tg-width=\"2044\" tg-height=\"1448\" width=\"100%\" height=\"auto\"/></p><p>A fresh CPI reading on Thursday is expected to dictate how much more aggressive the Federal Reserve will get with its interest rate hiking plans, which are already the most combative in decades. The consequential economic release will hold even greater significance after the Labor Department’s September jobs report on Friday suggested officials have further room for increases.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/541f2357db95a28c89672d947882d8dd\" tg-width=\"960\" tg-height=\"589\" referrerpolicy=\"no-referrer\"/><span>JPMorgan President and CEO Jamie Dimon testifies on Capitol Hill in Washington, U.S., September 22, 2022. (REUTERS/Evelyn Hockstein)</span></p><p>The U.S. economy added 263,000 jobs last month, a moderation from the prior print but still a robust hiring figure, as the unemployment rate fell to 3.5%. The weaker-than-expected decline in payroll gains dashed investor hopes that FOMC members might shift away from monetary tightening sooner than anticipated.</p><p>That reality sent stocks spiraling on Friday. The S&amp;P 500 (^GSPC) plunged 2.8%, the Dow Jones Industrial Average (^DJI) shed 630 points, and the Nasdaq Composite (^IXIC) led the way down at a decline of 3.8%. The major averages managed to end higher for the week after three straight down weeks after retaining some gains from a transient rally the first two trading days of October.</p><p><img src=\"https://static.tigerbbs.com/d03327c522e4f944485e66952e5c24a2\" tg-width=\"1016\" tg-height=\"600\" referrerpolicy=\"no-referrer\"/></p><p>“Persistent strength in hiring and a drop in the unemployment rate, in our view, mean the Fed is unlikely to pivot in the direction of a slower pace of rate hikes until it has more clear evidence that employment growth is slowing,” analysts at Bank of America said in a note on Friday, adding that the institution expects a fourth 75-basis-point rate increase in November.</p><p>And this week’s inflation reading could corroborate such a move next month. According to Bloomberg forecasts, the headline consumer price index for September is expected to show a slight moderation on a year-over-year figure to 8.1% from 8.3% in August, but an increase to 0.2% from 0.1% over the month.</p><p>All eyes will be on the “core” component of the report, which strips out the volatile food and energy categories. Economists surveyed by Bloomberg project core CPI rose to 6.5% from 6.3% over the year but moderated to 0.4% monthly from 0.6% in August.</p><p>Marginal fluctuations in the data have not been reassuring enough to Federal Reserve members that they can step away from intervening any time soon. Speaking at an event in New York last week, Federal Reserve Bank of San Francisco President Mary Daly called inflation a “corrosive disease,”and a “toxin that erodes the real purchasing power of people.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a183e6937eab492d9c263c10c4650349\" tg-width=\"960\" tg-height=\"671\" referrerpolicy=\"no-referrer\"/><span>A sign for the Federal Reserve Board of Governors is seen at the entrance to the William McChesney Martin Jr. building ahead of a news conference by Federal Reserve Board Chairman Jerome Powell on interest rate policy, in Washington, U.S., September 21, 2022. REUTERS/Kevin Lamarque</span></p><p>Elsewhere in economic releases, investors will also get a gauge of how quickly prices are rising at the wholesale level with the producer price index, or PPI, which measures the change in the prices paid to U.S. producers of goods and services; a reading on how consumer spending is faring amid persistent inflation and slowing economic conditions with the government’s retail sales report; and a consumer sentiment check from the University of Michigan closely watched survey.</p><p>Meanwhile, bank earnings will set the stage for a third-quarter earnings season expected to be ridden with economic warnings from corporate executives about the state of their businesses, slashed earnings per share estimates across Wall Street, and generally milder results as price and rate pressures weighed on companies in the recent three-month period.</p><p>Results from JPMorgan, Citigroup, Wells Fargo, and Morgan Stanley are all on tap for the coming week and will be followed by Goldman Sachs (GS) and Bank of America (BAC) the following week.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5088c955861b1fd864d4c07b311fec8a\" tg-width=\"960\" tg-height=\"616\" referrerpolicy=\"no-referrer\"/><span>Chief executives of the country&#39;s largest banks are sworn-in at the start of a Senate Banking, Housing, and Urban Affairs hearing on &#34;Annual Oversight of the Nation&#39;s Largest Banks&#34;, on Capitol Hill in Washington, U.S., September 22, 2022. REUTERS/Evelyn Hockstein</span></p><p>Banks typically benefit from central bank policy tightening, with higher interest rates boosting their net interest income (the bank’s earnings on its lending activities and interest it pays to depositors) and net interest margins (calculated by dividing net interest income by the average income earned from interest-producing assets.) However, challenging market conditions that have dealt a blow to dealmaking activity and general macroeconomic uncertainty are poised to offset higher net interest income.</p><p>Analysts at Bank of America project earnings growth to slow across banks and brokers to 2.0% year-over-year in the third quarter from 5.9% in the second and 7.7% in the third, per bottom-up consensus estimates, per a recent note.</p><p>However, that drop pales in comparison to expectations for sectors outside of financials — with the exception of the energy sector — according to BofA. Earnings growth in those areas “is expected to dip well into the negative territory,” the bank warned in a note, with expectations for growth of -4.2% year-over-year in the third quarter, down from -1.3% in the second quarter.</p><p>—</p><p><b>Economic Calendar</b></p><p><b>Monday:</b> <i>No notable reports scheduled for release.</i></p><p><b>Tuesday:</b> <b><i>NFIB Small Business Optimism</i></b>, September (91.8 expected, 91.8 during prior month); <b><i>Monthly Budget Statement</i></b>, September (-$219.6 billion)</p><p><b>Wednesday</b>: <b><i>MBA Mortgage Applications</i></b>, week ended Oct. 7 (-14.2% during prior week); <b><i>PPI excluding food and energy</i></b>, year-over-year, September (7.3% expected, 7.3% during prior month); <b><i>PPI final demand</i></b>, month-over-month, September (0.2% expected, -0.1% during prior month);<b><i>PPI excluding food and energy</i></b>, month-over-month, September (0.3% expected, 0.4% during prior month); <b><i>PPI excluding food, energy, and trade</i></b>, month-over-month, September (0.2% expected, 0.2% during prior month); <b><i>PPI final demand</i></b>, year-over-year, September (8.4% expected, 8.7% during prior month); <b><i>PPI excluding food, energy, and trade</i></b>, year-over-year, September (5.6% during prior month); <b><i>FOMC Meeting Minutes</i></b>, September 21</p><p><b>Thursday:</b> <b><i>Consumer Price Index</i></b>, month-over-month, September (0.2% expected, 0.1% during prior month); <b><i>CPI excluding food and energy</i></b>, month-over-month, September (0.4% expected, 0.6% during prior month); <b><i>Consumer Price Index</i></b>, year-over-year, September (8.1% expected, 8.3% during prior month); <b><i>CPI excluding food and energy</i></b>, year-over-year, September (6.5% expected, 6.3% during prior month); <b><i>CPI Index NSA</i></b>, September (296.417 expected, 296.171 during prior month); <b><i>CPI Core Index SA</i></b>, September (296.950 during prior month); <b><i>Initial jobless claims</i></b>, week ended Oct. 8 (225,000 expected, 219,000 during prior week); <b><i>Continuing claims</i></b>, week ended Oct.1 (1.361 during prior week); <b><i>Real Average Weekly Earnings</i></b>, year-over-year, September (-3.4% during prior month)</p><p><b>Friday:</b><b><i>Retail Sales Advance</i></b>, month-over-month, September (0.2% expected, 0.3% during prior month); <b><i>Retail Sales excluding autos</i></b>, month-over-month, September (-0.1% expected, -0.3% during prior month); <b><i>Retail Sales excluding autos and gas</i></b>, month-over-month, September (0.3% during prior month); <b><i>Retail Sales Control Group</i></b>, September (0.0% during prior month); <b><i>Import Price Index</i></b>, month-over-month, September (-1.1% expected, -1.0% during prior month); <b><i>Import Price Index excluding petroleum</i></b>, month-over-month, September (-0.2% during prior month);<b><i>Import Price Index</i></b>, year-over-year, September (7.8% during prior month); <b><i>Export Price Index</i></b>, month-over-month, September (-1.2% expected, -1.6% during prior month); <b><i>Export Price Index</i></b>, year-over-year, September (10.8% during prior month); <b><i>Bloomberg Oct. United States Economic Survey</i></b>; <b><i>Business Inventories</i></b>, August (0.9% expected, 0.6% during prior reading); <b><i>University of Michigan Consumer Sentiment</i></b>, October preliminary (58.8 expected, 58.6 during prior month)</p><p>—</p><p><b>Earnings Calendar</b></p><p><b>Monday:</b> <i>No notable reports scheduled for release.</i></p><p><b>Tuesday:</b> <b><i>AZZ</i></b>(AZZ), <b><i>Pinnacle Financial Partners</i></b>(PNFP)</p><p><b>Wednesday:</b> <b><i>PepsiCo</i></b>(PEP), <b><i>Duck Creek Technologies</i></b>(DCT)</p><p><b>Thursday:</b> <b><i>BlackRock</i></b>(BLK), <b><i>Delta Air Lines</i></b>(DAL), <b><i>Progressive</i></b>(PGR), <b><i>Walgreens Boots Alliance</i></b>(WBA), <b><i>Commercial Metals</i></b>(CMC), <b><i>Taiwan Semiconductor</i></b>(TSM)</p><p><b>Friday:</b> <b><i>JPMorgan</i></b>(JPM), <b><i>Citigroup</i></b>(C), <b><i>Morgan Stanley</i></b>(MS), <b><i>PNC</i></b>(PNC), <b><i>U.S. Bancorp</i></b>(USB), <b><i>UnitedHealth</i></b>(UNH), <b><i>Wells Fargo</i></b>(WFC)</p><p><img src=\"https://static.tigerbbs.com/ab39c81b03db8f153d4fd3ab9b19d463\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></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>CPI Sets the Stage for Fed's November Hike, Banks Report for Q3: What to Know This Week</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCPI Sets the Stage for Fed's November Hike, Banks Report for Q3: What to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-10 06:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-market-week-ahead-september-cpi-bank-earnings-195249849.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>An already strained U.S. stock market will be further challenged in the week ahead as the government publishes a key inflation report and megabanks kick off what’s likely to be a murky earnings season...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-week-ahead-september-cpi-bank-earnings-195249849.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PEP":"百事可乐","WBA":"沃尔格林联合博姿","MS":"摩根士丹利","BLK":"贝莱德",".DJI":"道琼斯","UNH":"联合健康","PNC":"PNC金融","DAL":"达美航空","C":"花旗",".IXIC":"NASDAQ Composite","WFC":"富国银行","JPM":"摩根大通",".SPX":"S&P 500 Index","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/stock-market-week-ahead-september-cpi-bank-earnings-195249849.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2274458895","content_text":"An already strained U.S. stock market will be further challenged in the week ahead as the government publishes a key inflation report and megabanks kick off what’s likely to be a murky earnings season.The highly-awaited Consumer Price Index (CPI) takes top billing in coming days, with third-quarter financials from the country’s largest banks – JPMorgan (JPM), Citi (C), and Wells Fargo (WFC) – following suit in the line of importance.A fresh CPI reading on Thursday is expected to dictate how much more aggressive the Federal Reserve will get with its interest rate hiking plans, which are already the most combative in decades. The consequential economic release will hold even greater significance after the Labor Department’s September jobs report on Friday suggested officials have further room for increases.JPMorgan President and CEO Jamie Dimon testifies on Capitol Hill in Washington, U.S., September 22, 2022. (REUTERS/Evelyn Hockstein)The U.S. economy added 263,000 jobs last month, a moderation from the prior print but still a robust hiring figure, as the unemployment rate fell to 3.5%. The weaker-than-expected decline in payroll gains dashed investor hopes that FOMC members might shift away from monetary tightening sooner than anticipated.That reality sent stocks spiraling on Friday. The S&P 500 (^GSPC) plunged 2.8%, the Dow Jones Industrial Average (^DJI) shed 630 points, and the Nasdaq Composite (^IXIC) led the way down at a decline of 3.8%. The major averages managed to end higher for the week after three straight down weeks after retaining some gains from a transient rally the first two trading days of October.“Persistent strength in hiring and a drop in the unemployment rate, in our view, mean the Fed is unlikely to pivot in the direction of a slower pace of rate hikes until it has more clear evidence that employment growth is slowing,” analysts at Bank of America said in a note on Friday, adding that the institution expects a fourth 75-basis-point rate increase in November.And this week’s inflation reading could corroborate such a move next month. According to Bloomberg forecasts, the headline consumer price index for September is expected to show a slight moderation on a year-over-year figure to 8.1% from 8.3% in August, but an increase to 0.2% from 0.1% over the month.All eyes will be on the “core” component of the report, which strips out the volatile food and energy categories. Economists surveyed by Bloomberg project core CPI rose to 6.5% from 6.3% over the year but moderated to 0.4% monthly from 0.6% in August.Marginal fluctuations in the data have not been reassuring enough to Federal Reserve members that they can step away from intervening any time soon. Speaking at an event in New York last week, Federal Reserve Bank of San Francisco President Mary Daly called inflation a “corrosive disease,”and a “toxin that erodes the real purchasing power of people.”A sign for the Federal Reserve Board of Governors is seen at the entrance to the William McChesney Martin Jr. building ahead of a news conference by Federal Reserve Board Chairman Jerome Powell on interest rate policy, in Washington, U.S., September 21, 2022. REUTERS/Kevin LamarqueElsewhere in economic releases, investors will also get a gauge of how quickly prices are rising at the wholesale level with the producer price index, or PPI, which measures the change in the prices paid to U.S. producers of goods and services; a reading on how consumer spending is faring amid persistent inflation and slowing economic conditions with the government’s retail sales report; and a consumer sentiment check from the University of Michigan closely watched survey.Meanwhile, bank earnings will set the stage for a third-quarter earnings season expected to be ridden with economic warnings from corporate executives about the state of their businesses, slashed earnings per share estimates across Wall Street, and generally milder results as price and rate pressures weighed on companies in the recent three-month period.Results from JPMorgan, Citigroup, Wells Fargo, and Morgan Stanley are all on tap for the coming week and will be followed by Goldman Sachs (GS) and Bank of America (BAC) the following week.Chief executives of the country's largest banks are sworn-in at the start of a Senate Banking, Housing, and Urban Affairs hearing on \"Annual Oversight of the Nation's Largest Banks\", on Capitol Hill in Washington, U.S., September 22, 2022. REUTERS/Evelyn HocksteinBanks typically benefit from central bank policy tightening, with higher interest rates boosting their net interest income (the bank’s earnings on its lending activities and interest it pays to depositors) and net interest margins (calculated by dividing net interest income by the average income earned from interest-producing assets.) However, challenging market conditions that have dealt a blow to dealmaking activity and general macroeconomic uncertainty are poised to offset higher net interest income.Analysts at Bank of America project earnings growth to slow across banks and brokers to 2.0% year-over-year in the third quarter from 5.9% in the second and 7.7% in the third, per bottom-up consensus estimates, per a recent note.However, that drop pales in comparison to expectations for sectors outside of financials — with the exception of the energy sector — according to BofA. Earnings growth in those areas “is expected to dip well into the negative territory,” the bank warned in a note, with expectations for growth of -4.2% year-over-year in the third quarter, down from -1.3% in the second quarter.—Economic CalendarMonday: No notable reports scheduled for release.Tuesday: NFIB Small Business Optimism, September (91.8 expected, 91.8 during prior month); Monthly Budget Statement, September (-$219.6 billion)Wednesday: MBA Mortgage Applications, week ended Oct. 7 (-14.2% during prior week); PPI excluding food and energy, year-over-year, September (7.3% expected, 7.3% during prior month); PPI final demand, month-over-month, September (0.2% expected, -0.1% during prior month);PPI excluding food and energy, month-over-month, September (0.3% expected, 0.4% during prior month); PPI excluding food, energy, and trade, month-over-month, September (0.2% expected, 0.2% during prior month); PPI final demand, year-over-year, September (8.4% expected, 8.7% during prior month); PPI excluding food, energy, and trade, year-over-year, September (5.6% during prior month); FOMC Meeting Minutes, September 21Thursday: Consumer Price Index, month-over-month, September (0.2% expected, 0.1% during prior month); CPI excluding food and energy, month-over-month, September (0.4% expected, 0.6% during prior month); Consumer Price Index, year-over-year, September (8.1% expected, 8.3% during prior month); CPI excluding food and energy, year-over-year, September (6.5% expected, 6.3% during prior month); CPI Index NSA, September (296.417 expected, 296.171 during prior month); CPI Core Index SA, September (296.950 during prior month); Initial jobless claims, week ended Oct. 8 (225,000 expected, 219,000 during prior week); Continuing claims, week ended Oct.1 (1.361 during prior week); Real Average Weekly Earnings, year-over-year, September (-3.4% during prior month)Friday:Retail Sales Advance, month-over-month, September (0.2% expected, 0.3% during prior month); Retail Sales excluding autos, month-over-month, September (-0.1% expected, -0.3% during prior month); Retail Sales excluding autos and gas, month-over-month, September (0.3% during prior month); Retail Sales Control Group, September (0.0% during prior month); Import Price Index, month-over-month, September (-1.1% expected, -1.0% during prior month); Import Price Index excluding petroleum, month-over-month, September (-0.2% during prior month);Import Price Index, year-over-year, September (7.8% during prior month); Export Price Index, month-over-month, September (-1.2% expected, -1.6% during prior month); Export Price Index, year-over-year, September (10.8% during prior month); Bloomberg Oct. United States Economic Survey; Business Inventories, August (0.9% expected, 0.6% during prior reading); University of Michigan Consumer Sentiment, October preliminary (58.8 expected, 58.6 during prior month)—Earnings CalendarMonday: No notable reports scheduled for release.Tuesday: AZZ(AZZ), Pinnacle Financial Partners(PNFP)Wednesday: PepsiCo(PEP), Duck Creek Technologies(DCT)Thursday: BlackRock(BLK), Delta Air Lines(DAL), Progressive(PGR), Walgreens Boots Alliance(WBA), Commercial Metals(CMC), Taiwan Semiconductor(TSM)Friday: JPMorgan(JPM), Citigroup(C), Morgan Stanley(MS), PNC(PNC), U.S. Bancorp(USB), UnitedHealth(UNH), Wells Fargo(WFC)","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}