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DDRuirong
2024-01-23
Great ariticle, would you like to share it?
@Tiger_story:Bulls and Bears on Wall Street: A Chronological Odyssey of Market Swings
DDRuirong
2024-01-23
Great ariticle, would you like to share it?
@Tiger_Earnings:🔥Stock Prediction: How will Netflix close Wednesday 24/01 following their earnings?
DDRuirong
2024-01-23
Great ariticle, would you like to share it?
@koolgal:Coinbase is down! Is it time to buy Coinbase?
DDRuirong
2024-01-23
Gvvvh Hvvjouy Ojnnfhkj
DDRuirong
2023-03-16
Papa oaks
Credit Suisse Is In Crisis. What Went Wrong?
DDRuirong
2023-03-15
Gigi Gigi bib
Wall Street Ends Green As Inflation Cools, Bank Jitters Ebb
DDRuirong
2023-03-04
$Fastly, Inc.(FSLY)$
Ugguuvvuivibvi
DDRuirong
2023-03-04
Hdudifjf
Sorry, the original content has been removed
DDRuirong
2023-03-03
Igboonivvivo
Sorry, the original content has been removed
DDRuirong
2023-02-18
Ugg gig
Top Calls on Wall Street: DraftKings, Virgin Galactic, Coinbase and More
DDRuirong
2023-02-17
Ivobobobivbiob
Sorry, the original content has been removed
DDRuirong
2022-12-21
Handheld
@TigerEvents:Join Tiger's Football Season, share the prizes worth up to US$200,000
DDRuirong
2022-12-21
Papp
DDRuirong
2022-12-21
Zkaksks
@OptionsTracker:Hot stocks covered call reference [December 21]
DDRuirong
2022-08-14
Ghjkkjkk
Sorry, the original content has been removed
DDRuirong
2022-08-07
Fugitive
Dow Edges Into Positive Territory As Stocks Erase Early Losses
DDRuirong
2022-06-10
Pijkihjjhhh
@Smartkarma:Tactile Systems Technology (TCMD US): Subsiding COVID to Drive Mid-Teens Sales Growth in 2022
DDRuirong
2022-05-26
Lclspkds
@GabrielleSusan:Snap : Its crash is just an opportunity
DDRuirong
2022-05-07
Hahaha wyhhss
Hdjjiwiix jdowpsokepwoe njdoownskw ex wedid we. Do op k n n Hu. I j. J hi e. A d b h h Ip I. H n my f b j I h. H h x a w r h h I o n n
Hahaha wyhhss
DDRuirong
2022-02-27
Yyyyyyyyyuuuii
Buffett Full Annual Letter:Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value
Go to Tiger App to see more news
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Picture a vibrant Wall Street where market trends emulate the behaviors of two powerful animals: the bullish charge and the bearish retreat.A look at bear and bull markets through historyThe Bull Market: An 18th Century AscentIn the 18th century, traders discerned a correlation between rising markets and increased profits, birthing the term \"bull market.\" Bulls, with their upward-thrusting horns, became the symbol of the ascending surge in stock prices.Fast forward to the roaring twenties—a golden era for","listText":"Witness history! <a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a> hits record high, U.S. stock market officially enters bull market on last Friday.In the vivid tapestry of the stock market, the terms \"bull market\" and \"bear market\" trace their roots to a fascinating origin. Picture a vibrant Wall Street where market trends emulate the behaviors of two powerful animals: the bullish charge and the bearish retreat.A look at bear and bull markets through historyThe Bull Market: An 18th Century AscentIn the 18th century, traders discerned a correlation between rising markets and increased profits, birthing the term \"bull market.\" Bulls, with their upward-thrusting horns, became the symbol of the ascending surge in stock prices.Fast forward to the roaring twenties—a golden era for","text":"Witness history! $S&P 500(.SPX)$ hits record high, U.S. stock market officially enters bull market on last Friday.In the vivid tapestry of the stock market, the terms \"bull market\" and \"bear market\" trace their roots to a fascinating origin. Picture a vibrant Wall Street where market trends emulate the behaviors of two powerful animals: the bullish charge and the bearish retreat.A look at bear and bull markets through historyThe Bull Market: An 18th Century AscentIn the 18th century, traders discerned a correlation between rising markets and increased profits, birthing the term \"bull market.\" Bulls, with their upward-thrusting horns, became the symbol of the ascending surge in stock prices.Fast forward to the roaring twenties—a golden era for","images":[{"img":"https://community-static.tradeup.com/news/0c173ffc9f2fa73d48a871392089b59f","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/1b06fe0eca41913babab3aa177ac5b19","width":"929","height":"523"},{"img":"https://community-static.tradeup.com/news/9456ade3fbc0af6572bf9a072a80cfcd","width":"4001","height":"2000"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/265863699812488","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266034834804912,"gmtCreate":1705970511106,"gmtModify":1705970515251,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266034834804912","repostId":"265862960349320","repostType":1,"repost":{"id":265862960349320,"gmtCreate":1705928534608,"gmtModify":1705968003135,"author":{"id":"3527667620927015","authorId":"3527667620927015","name":"Tiger_Earnings","avatar":"https://static.tigerbbs.com/1849fb1fb43d93db3974fd09c5f65ff1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667620927015","idStr":"3527667620927015"},"themes":[],"title":"🔥Stock Prediction: How will Netflix close Wednesday 24/01 following their earnings?","htmlText":"Click to vote. Guess how will <a href=\"https://ttm.financial/S/NFLX\">$Netflix(NFLX)$</a> close Wednesday 24/01 following their earnings?? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.<a href=\"https://ttm.financial/S/NFLX\">$Netflix(NFLX)$</a> will post its fourth quarter 2023 financial results and business outlook post-market on Tuesday, January 23, 2024. Netflix's Q4 revenue is expected to be $8.698 billion, with an adjusted net profit of $988.462 million and an adjusted EPS of $2.195, according to Bloomberg's consensus expectation. For more information about Netflix Earnings Preview, please click <a href=\"https://ttm.financial/NW/1175121625\" target=\"_blank\">Netflix Earnings Preview: A Strong Subscriber Increase in 4Q; Ad-Based Plan Bring Dividends<</a>","listText":"Click to vote. Guess how will <a href=\"https://ttm.financial/S/NFLX\">$Netflix(NFLX)$</a> close Wednesday 24/01 following their earnings?? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.<a href=\"https://ttm.financial/S/NFLX\">$Netflix(NFLX)$</a> will post its fourth quarter 2023 financial results and business outlook post-market on Tuesday, January 23, 2024. Netflix's Q4 revenue is expected to be $8.698 billion, with an adjusted net profit of $988.462 million and an adjusted EPS of $2.195, according to Bloomberg's consensus expectation. For more information about Netflix Earnings Preview, please click <a href=\"https://ttm.financial/NW/1175121625\" target=\"_blank\">Netflix Earnings Preview: A Strong Subscriber Increase in 4Q; Ad-Based Plan Bring Dividends<</a>","text":"Click to vote. Guess how will $Netflix(NFLX)$ close Wednesday 24/01 following their earnings?? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.$Netflix(NFLX)$ will post its fourth quarter 2023 financial results and business outlook post-market on Tuesday, January 23, 2024. Netflix's Q4 revenue is expected to be $8.698 billion, with an adjusted net profit of $988.462 million and an adjusted EPS of $2.195, according to Bloomberg's consensus expectation. For more information about Netflix Earnings Preview, please click Netflix Earnings Preview: A Strong Subscriber Increase in 4Q; Ad-Based Plan Bring Dividends<","images":[{"img":"https://community-static.tradeup.com/news/0a7b175dbea797a0033f5eb891a9c2ee","width":"1080","height":"1454"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/265862960349320","isVote":2,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"vote":{"id":3069,"gmtBegin":1705928679411,"gmtEnd":1706040000465,"type":1,"upper":1,"title":"How will Netflix close Wednesday 24/01 following their earnings?","choices":[{"id":11313,"sort":1,"name":"Very Green (over 10%)","userSize":21,"voted":false},{"id":11314,"sort":2,"name":"Green (5% to 10%)","userSize":78,"voted":false},{"id":11315,"sort":3,"name":"Flat (-5% to 5%)","userSize":82,"voted":false},{"id":11316,"sort":4,"name":"Red (-10% to-5%)","userSize":13,"voted":false},{"id":11317,"sort":5,"name":"Very Red (below-10%)","userSize":6,"voted":false}]},"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266035029663840,"gmtCreate":1705970480526,"gmtModify":1705970484752,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266035029663840","repostId":"265385931366480","repostType":1,"repost":{"id":265385931366480,"gmtCreate":1705815677809,"gmtModify":1705877402611,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3559581955535845","idStr":"3559581955535845"},"themes":[],"title":"Coinbase is down! Is it time to buy Coinbase? ","htmlText":"🌟🌟🌟<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$ </a><v-v data-views=\"0\"></v-v> is down 8.8% in the past 5 days in the aftermath of Bitcoin ETFs approval by SEC. After a phenomenal year in 2023 in which Coinbase jumped a whopping 391%, Coinbase is now down 20% since the start of 2024. It could be the case of Buy the Rumour, Sell the News. There was much hype and excitement prior to the Bitcoin approval that drovr Coinbase and other crypto stocks like <a href=\"https://ttm.financial/S/MARA\">$Marathon Digital Holdings Inc(MARA)$ </a> <a href=\"https://ttm.financial/S/RIOT\">$Riot Blockchain, Inc.(RIOT)$ </a> which went up like a rocket to the moon. Bitcoin surged past USD 45,000 but has since dropped to USD 41,621.62 currently. The fortune of Co","listText":"🌟🌟🌟<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$ </a><v-v data-views=\"0\"></v-v> is down 8.8% in the past 5 days in the aftermath of Bitcoin ETFs approval by SEC. After a phenomenal year in 2023 in which Coinbase jumped a whopping 391%, Coinbase is now down 20% since the start of 2024. It could be the case of Buy the Rumour, Sell the News. There was much hype and excitement prior to the Bitcoin approval that drovr Coinbase and other crypto stocks like <a href=\"https://ttm.financial/S/MARA\">$Marathon Digital Holdings Inc(MARA)$ </a> <a href=\"https://ttm.financial/S/RIOT\">$Riot Blockchain, Inc.(RIOT)$ </a> which went up like a rocket to the moon. Bitcoin surged past USD 45,000 but has since dropped to USD 41,621.62 currently. The fortune of Co","text":"🌟🌟🌟$Coinbase Global, Inc.(COIN)$ is down 8.8% in the past 5 days in the aftermath of Bitcoin ETFs approval by SEC. After a phenomenal year in 2023 in which Coinbase jumped a whopping 391%, Coinbase is now down 20% since the start of 2024. It could be the case of Buy the Rumour, Sell the News. There was much hype and excitement prior to the Bitcoin approval that drovr Coinbase and other crypto stocks like $Marathon Digital Holdings Inc(MARA)$ $Riot Blockchain, Inc.(RIOT)$ which went up like a rocket to the moon. Bitcoin surged past USD 45,000 but has since dropped to USD 41,621.62 currently. The fortune of Co","images":[{"img":"https://community-static.tradeup.com/news/35c07c3d5a6a0d3fd16ad854e7ce3189","width":"1080","height":"2340"},{"img":"https://community-static.tradeup.com/news/af98dcd6fce445ec19fe2d0afda577cb","width":"1080","height":"2340"},{"img":"https://community-static.tradeup.com/news/34e12129f2f84a0fae0f2affc2fcb05e","width":"1080","height":"2340"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/265385931366480","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266035298238616,"gmtCreate":1705970457900,"gmtModify":1705970462374,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Gvvvh Hvvjouy Ojnnfhkj","listText":"Gvvvh Hvvjouy Ojnnfhkj","text":"Gvvvh Hvvjouy Ojnnfhkj","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266035298238616","isVote":1,"tweetType":1,"viewCount":2594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949756355,"gmtCreate":1678923014778,"gmtModify":1678923019033,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Papa oaks","listText":"Papa oaks","text":"Papa oaks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":21,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949756355","repostId":"1178433847","repostType":2,"repost":{"id":"1178433847","kind":"news","pubTimestamp":1678922002,"share":"https://ttm.financial/m/news/1178433847?lang=&edition=fundamental","pubTime":"2023-03-16 07:13","market":"us","language":"en","title":"Credit Suisse Is In Crisis. What Went Wrong?","url":"https://stock-news.laohu8.com/highlight/detail?id=1178433847","media":"Bloomberg","summary":"Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discreti","content":"<div>\n<p>Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discretion and dull reliability. That only makes the scandals, public legal battles and mounting losses at ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-15/credit-suisse-what-s-going-on-and-why-is-cs-stock-falling\">Web Link</a>\n\n</div>\n","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>Credit Suisse Is In Crisis. What Went Wrong?</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\">\nCredit Suisse Is In Crisis. What Went Wrong?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-16 07:13 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-03-15/credit-suisse-what-s-going-on-and-why-is-cs-stock-falling><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discretion and dull reliability. That only makes the scandals, public legal battles and mounting losses at ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-15/credit-suisse-what-s-going-on-and-why-is-cs-stock-falling\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2023-03-15/credit-suisse-what-s-going-on-and-why-is-cs-stock-falling","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178433847","content_text":"Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discretion and dull reliability. That only makes the scandals, public legal battles and mounting losses at Credit Suisse Group AG more striking and hard to comprehend. In mid-March, unease about the bank’s mounting problems snowballed and its shares slumped, forcing management to appeal to Swiss banking authorities for a public vote of confidence.1. What went wrong?Credit Suisse’s failings have included a criminal conviction for allowing drug dealers to launder money in Bulgaria, entanglement in a Mozambique corruption case, a spying scandal involving a former employee and an executive and a massive leak of client data to the media. Its association with disgraced financier Lex Greensill and failed New York-based investment firm Archegos Capital Management compounded the sense of an institution that didn’t have a firm grip on its affairs. Many fed up clients have voted with their feet, leading to unprecedented client outflows in late 2022.2. What triggered the latest share slump?Chief Executive Officer Ulrich Koerner launched a massive outreach to woo back nervous clients and their cash. The effort appeared to be paying off by January, with it reported “net positive” deposits. However, on March 9, the US Securities and Exchange Commission queried the bank’s annual report, forcing it to delay its publication. Panic spread after regional US lender Silicon Valley Bank failed, the victim in part of risky investments and rising global interest rates that eroded the value of its bond holdings. Investors began ditching anything that smelled of banking risk and deposit flight.3. How bad did the situation get?On March 15, Credit Suisse stock slumped anew when the chairman of its largest shareholder, Saudi National Bank, ruled out investing any more in the company. This prompted Credit Suisse to ask the Swiss central bank for a public statement of support. The cost of insuring the bank’s bonds against default for one year surged to levels not seen for major international banks since the financial crisis of 2008. As other banks sought to hedge their counterparty risk for transactions with Credit Suisse, quoted prices for a one-year credit default swap jumped from 836 basis points, indicating a probability of defaulting of 10%, on March 14 to higher than 3,000 basis points. Few actual trades were executed, however, as liquidity in the market dried up. In another sign of stress, Credit Suisse’s additional tier 1 bonds — which are subordinate to all other ranks of debt and may be written down if capital falls below a predetermined level — were trading below 80% of face value, a level typically signaling distress. Even bonds coming due in April traded at prices well below face value.4. Is this another Lehman Brothers moment?The Wall Street giant, whose failure in 2008 triggered the global financial crisis, succumbed when funding dried up and other banks stopped dealing with it. Unlike Lehman and SVB, Credit Suisse has substantial liquid assets to call upon and access to central bank lending facilities and is less sensitive than many rivals to sharp moves in interest rates. It has rebuilt its cushion against more deposit withdrawals since the worst wave of outflows in October. It also has enough money-like liquid assets to pay back half of all its liabilities in deposits and loans from other banks, according to Bloomberg Opinion banking columnist Paul J. Davies. Koerner said the firm’s liquidity coverage ratio showed it can handle over a month of heavy outflows in a period of stress.5. What else is Koerner doing to turn things around?His three-year recovery plan involves 9,000 job cuts, dismantling the investment banking behemoth assembled over five decades and returning Credit Suisse to its origins as banker to the world’s ultra-wealthy. That means spinning off First Boston, an American investment bank it acquired in 1990 with a view to listing it in 2025, and selling parts of its securitized products unit to Apollo Global Management Inc. That process is now at risk of becoming bogged down in a broader financial-sector selloff following the collapse of SVB and two other US banks.","news_type":1,"symbols_score_info":{"CS":0.9}},"isVote":1,"tweetType":1,"viewCount":2689,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949423410,"gmtCreate":1678839980531,"gmtModify":1678839985173,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Gigi Gigi bib","listText":"Gigi Gigi bib","text":"Gigi Gigi bib","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9949423410","repostId":"1109251500","repostType":2,"repost":{"id":"1109251500","kind":"news","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":1678835043,"share":"https://ttm.financial/m/news/1109251500?lang=&edition=fundamental","pubTime":"2023-03-15 07:04","market":"us","language":"en","title":"Wall Street Ends Green As Inflation Cools, Bank Jitters Ebb","url":"https://stock-news.laohu8.com/highlight/detail?id=1109251500","media":"Reuters","summary":"(Reuters) - U.S. stocks bounced back on Tuesday as largely on-target inflation data and easing jitte","content":"<html><head></head><body><p>(Reuters) - U.S. stocks bounced back on Tuesday as largely on-target inflation data and easing jitters over contagion in the banking sector cooled expectations regarding the size of the rate hike at the Federal Reserve's policy meeting next week.</p><p>All three major U.S. stock indexes closed sharply higher, with the S&P 500 and the Dow gaining more than 1% and the tech-heavy Nasdaq surging more than 2%, after several sessions of risk-off turmoil driven by the fallout surrounding the implosion of Silicon Valley Bank and Signature Bank.</p><p>Financial stocks clawed back some losses, with the S&P 500 Banks index coming back from its steepest one-day sell-off since June 2020.</p><p>The KBW Regional Banking index rose 2.1%.</p><p>Bank contagion fears were allayed on Tuesday as U.S. President Joe Biden and other global policymakers vowed the crisis would be contained.</p><p>"The market is having an opportunity to digest some of the news over the last couple of days," said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. "(Investors) are seeing a coordinated effort with various government agencies, and with hindsight, they’re feeling as if things have contained themselves a bit."</p><p>The Labor Department's CPI report showed consumer prices cooled in February, largely in line with market expectations, with headline and core measures notching welcome annual declines.</p><p>Even so, inflation has a considerable way to go before approaching the central bank's average annual 2% target.</p><p>But signs of economic softness, combined with the regional banking scare, have increased the odds that the Federal Reserve will implement a modest, 25 basis-point hike to its key interest rate at the conclusion of its two-day policy meeting on March 22.</p><p>Financial markets have now priced in a 74.5% likelihood that the central bank will raise the Fed funds target rate by an additional 25 basis points at the conclusion of its two-day monetary meeting later this month, with a growing minority - 25.5% - seeing the potential of no rate hike at all, according to CME's FedWatch tool.</p><p>"Part of the stabilization today is folks feeling as if the Fed might back off from some of the hawkish expectations that followed Chairman Powell's comments last week," Keator added.</p><p>"If the Fed isn't careful, they could create some unintended shocks to the system," he said.</p><p>Shock waves following the closure of Silicon Valley Bank and Signature Bank, which prompted Biden to vow he would contain the crisis and ensure the safety of the U.S. banking system, continued to reverberate throughout the sector.</p><p>The S&P 500 banking index reclaimed territory, rising 2.6% after Monday's plunge, its biggest one-day drop since June 2020.</p><p>The Dow Jones Industrial Average rose 336.26 points, or 1.06%, to 32,155.4, the S&P 500 gained 64.8 points, or 1.68%, to 3,920.56 and the Nasdaq Composite added 239.31 points, or 2.14%, to 11,428.15.</p><p>All 11 major sectors in the S&P 500 ended the trading day higher, with communication services enjoying the largest percentage advance.</p><p>Shares of First Republic Bank and Western Alliance Bancorp surged by 27.0% and 14.4%, respectively, in a reversal of the previous session's rout.</p><p>Meta Platforms Inc announced 10,000 job cuts in its second round of layoffs. Its stock advanced 7.3%.</p><p>Ride-hailing app rivals Uber Technologies Inc and Lyft Inc rose 5.0% and 0.6%, respectively, after a California state court revived a ballot measure allowing the companies to treat drivers as independent contractors rather than employees.</p><p>United Airlines Holdings Inc fell 5.4% after the commercial carrier unexpectedly forecast a current quarter loss.</p><p>AMC Entertainment Holdings slid 15.0% between multiple trading halts after its shareholders voted in favor of converting preferred stock into common shares.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.60-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored advancers.</p><p>The S&P 500 posted 3 new 52-week highs and 15 new lows; the Nasdaq Composite recorded 23 new highs and 195 new lows.</p><p>Volume on U.S. exchanges was 13.84 billion shares, compared with the 11.64 billion average 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 Street Ends Green As Inflation Cools, Bank Jitters Ebb</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 Street Ends Green As Inflation Cools, Bank Jitters Ebb\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\">2023-03-15 07:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - U.S. stocks bounced back on Tuesday as largely on-target inflation data and easing jitters over contagion in the banking sector cooled expectations regarding the size of the rate hike at the Federal Reserve's policy meeting next week.</p><p>All three major U.S. stock indexes closed sharply higher, with the S&P 500 and the Dow gaining more than 1% and the tech-heavy Nasdaq surging more than 2%, after several sessions of risk-off turmoil driven by the fallout surrounding the implosion of Silicon Valley Bank and Signature Bank.</p><p>Financial stocks clawed back some losses, with the S&P 500 Banks index coming back from its steepest one-day sell-off since June 2020.</p><p>The KBW Regional Banking index rose 2.1%.</p><p>Bank contagion fears were allayed on Tuesday as U.S. President Joe Biden and other global policymakers vowed the crisis would be contained.</p><p>"The market is having an opportunity to digest some of the news over the last couple of days," said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. "(Investors) are seeing a coordinated effort with various government agencies, and with hindsight, they’re feeling as if things have contained themselves a bit."</p><p>The Labor Department's CPI report showed consumer prices cooled in February, largely in line with market expectations, with headline and core measures notching welcome annual declines.</p><p>Even so, inflation has a considerable way to go before approaching the central bank's average annual 2% target.</p><p>But signs of economic softness, combined with the regional banking scare, have increased the odds that the Federal Reserve will implement a modest, 25 basis-point hike to its key interest rate at the conclusion of its two-day policy meeting on March 22.</p><p>Financial markets have now priced in a 74.5% likelihood that the central bank will raise the Fed funds target rate by an additional 25 basis points at the conclusion of its two-day monetary meeting later this month, with a growing minority - 25.5% - seeing the potential of no rate hike at all, according to CME's FedWatch tool.</p><p>"Part of the stabilization today is folks feeling as if the Fed might back off from some of the hawkish expectations that followed Chairman Powell's comments last week," Keator added.</p><p>"If the Fed isn't careful, they could create some unintended shocks to the system," he said.</p><p>Shock waves following the closure of Silicon Valley Bank and Signature Bank, which prompted Biden to vow he would contain the crisis and ensure the safety of the U.S. banking system, continued to reverberate throughout the sector.</p><p>The S&P 500 banking index reclaimed territory, rising 2.6% after Monday's plunge, its biggest one-day drop since June 2020.</p><p>The Dow Jones Industrial Average rose 336.26 points, or 1.06%, to 32,155.4, the S&P 500 gained 64.8 points, or 1.68%, to 3,920.56 and the Nasdaq Composite added 239.31 points, or 2.14%, to 11,428.15.</p><p>All 11 major sectors in the S&P 500 ended the trading day higher, with communication services enjoying the largest percentage advance.</p><p>Shares of First Republic Bank and Western Alliance Bancorp surged by 27.0% and 14.4%, respectively, in a reversal of the previous session's rout.</p><p>Meta Platforms Inc announced 10,000 job cuts in its second round of layoffs. Its stock advanced 7.3%.</p><p>Ride-hailing app rivals Uber Technologies Inc and Lyft Inc rose 5.0% and 0.6%, respectively, after a California state court revived a ballot measure allowing the companies to treat drivers as independent contractors rather than employees.</p><p>United Airlines Holdings Inc fell 5.4% after the commercial carrier unexpectedly forecast a current quarter loss.</p><p>AMC Entertainment Holdings slid 15.0% between multiple trading halts after its shareholders voted in favor of converting preferred stock into common shares.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.60-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored advancers.</p><p>The S&P 500 posted 3 new 52-week highs and 15 new lows; the Nasdaq Composite recorded 23 new highs and 195 new lows.</p><p>Volume on U.S. exchanges was 13.84 billion shares, compared with the 11.64 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109251500","content_text":"(Reuters) - U.S. stocks bounced back on Tuesday as largely on-target inflation data and easing jitters over contagion in the banking sector cooled expectations regarding the size of the rate hike at the Federal Reserve's policy meeting next week.All three major U.S. stock indexes closed sharply higher, with the S&P 500 and the Dow gaining more than 1% and the tech-heavy Nasdaq surging more than 2%, after several sessions of risk-off turmoil driven by the fallout surrounding the implosion of Silicon Valley Bank and Signature Bank.Financial stocks clawed back some losses, with the S&P 500 Banks index coming back from its steepest one-day sell-off since June 2020.The KBW Regional Banking index rose 2.1%.Bank contagion fears were allayed on Tuesday as U.S. President Joe Biden and other global policymakers vowed the crisis would be contained.\"The market is having an opportunity to digest some of the news over the last couple of days,\" said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. \"(Investors) are seeing a coordinated effort with various government agencies, and with hindsight, they’re feeling as if things have contained themselves a bit.\"The Labor Department's CPI report showed consumer prices cooled in February, largely in line with market expectations, with headline and core measures notching welcome annual declines.Even so, inflation has a considerable way to go before approaching the central bank's average annual 2% target.But signs of economic softness, combined with the regional banking scare, have increased the odds that the Federal Reserve will implement a modest, 25 basis-point hike to its key interest rate at the conclusion of its two-day policy meeting on March 22.Financial markets have now priced in a 74.5% likelihood that the central bank will raise the Fed funds target rate by an additional 25 basis points at the conclusion of its two-day monetary meeting later this month, with a growing minority - 25.5% - seeing the potential of no rate hike at all, according to CME's FedWatch tool.\"Part of the stabilization today is folks feeling as if the Fed might back off from some of the hawkish expectations that followed Chairman Powell's comments last week,\" Keator added.\"If the Fed isn't careful, they could create some unintended shocks to the system,\" he said.Shock waves following the closure of Silicon Valley Bank and Signature Bank, which prompted Biden to vow he would contain the crisis and ensure the safety of the U.S. banking system, continued to reverberate throughout the sector.The S&P 500 banking index reclaimed territory, rising 2.6% after Monday's plunge, its biggest one-day drop since June 2020.The Dow Jones Industrial Average rose 336.26 points, or 1.06%, to 32,155.4, the S&P 500 gained 64.8 points, or 1.68%, to 3,920.56 and the Nasdaq Composite added 239.31 points, or 2.14%, to 11,428.15.All 11 major sectors in the S&P 500 ended the trading day higher, with communication services enjoying the largest percentage advance.Shares of First Republic Bank and Western Alliance Bancorp surged by 27.0% and 14.4%, respectively, in a reversal of the previous session's rout.Meta Platforms Inc announced 10,000 job cuts in its second round of layoffs. Its stock advanced 7.3%.Ride-hailing app rivals Uber Technologies Inc and Lyft Inc rose 5.0% and 0.6%, respectively, after a California state court revived a ballot measure allowing the companies to treat drivers as independent contractors rather than employees.United Airlines Holdings Inc fell 5.4% after the commercial carrier unexpectedly forecast a current quarter loss.AMC Entertainment Holdings slid 15.0% between multiple trading halts after its shareholders voted in favor of converting preferred stock into common shares.Advancing issues outnumbered declining ones on the NYSE by a 2.60-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored advancers.The S&P 500 posted 3 new 52-week highs and 15 new lows; the Nasdaq Composite recorded 23 new highs and 195 new lows.Volume on U.S. exchanges was 13.84 billion shares, compared with the 11.64 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2874,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940294279,"gmtCreate":1677922847592,"gmtModify":1677922851031,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FSLY\">$Fastly, Inc.(FSLY)$ </a>Ugguuvvuivibvi","listText":"<a href=\"https://ttm.financial/S/FSLY\">$Fastly, Inc.(FSLY)$ </a>Ugguuvvuivibvi","text":"$Fastly, Inc.(FSLY)$ Ugguuvvuivibvi","images":[{"img":"https://community-static.tradeup.com/news/3e6f8116f25a7cba3d917f39fe584228","width":"750","height":"1640"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940294279","isVote":1,"tweetType":1,"viewCount":2436,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9940641074,"gmtCreate":1677895634598,"gmtModify":1677895639241,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Hdudifjf","listText":"Hdudifjf","text":"Hdudifjf","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940641074","repostId":"1124571052","repostType":4,"isVote":1,"tweetType":1,"viewCount":2212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940834747,"gmtCreate":1677804340190,"gmtModify":1677804344130,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Igboonivvivo","listText":"Igboonivvivo","text":"Igboonivvivo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940834747","repostId":"2316998348","repostType":4,"isVote":1,"tweetType":1,"viewCount":2389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954758696,"gmtCreate":1676673624815,"gmtModify":1676673628819,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Ugg gig","listText":"Ugg gig","text":"Ugg gig","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954758696","repostId":"1184653577","repostType":4,"repost":{"id":"1184653577","kind":"news","pubTimestamp":1676645670,"share":"https://ttm.financial/m/news/1184653577?lang=&edition=fundamental","pubTime":"2023-02-17 22:54","market":"us","language":"en","title":"Top Calls on Wall Street: DraftKings, Virgin Galactic, Coinbase and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1184653577","media":"TheFly","summary":"Top 5 Upgrades:BofA upgraded Roku (ROKU) to Buy from Underperform with a price target of $85, up fro","content":"<html><head></head><body><h2><b>Top 5 Upgrades:</b></h2><ul><li>BofA upgraded <b>Roku</b> (ROKU) to Buy from Underperform with a price target of $85, up from $45. The company is performing better than the broader advertising market, which remains weak, as ad spending across some verticals is bottoming out, the analyst tells investors.</li><li>Citi upgraded <b>TechnipFMC</b> (FTI) to Buy from Neutral with an $18 price target after taking over coverage of the name. The company's pricing leverage is improving given a consolidating sector and success of its integrated model and standardization strategy, the analyst tells investors.</li><li>BTIG upgraded <b>DraftKings</b> (DKNG) to Buy from Neutral with a $24 price target. A divergence in player adoption and marketing cost trends has driven upside versus EBITDA expectations for DraftKings throughout 2022, and this pattern will persist in 2023, the analyst said.</li><li>Wolfe Research upgraded <b>Virgin Galactic</b> (SPCE) to Peer Perform from Underperform without a price target. With WhiteKightTwo's return to flight, Virgin Galactic shares will "likely link to a positive event path" through June, the analyst tells investors.</li><li>Compass Point upgraded <b>Coinbase</b> (COIN) to Buy from Neutral with a price target of $100, up from $75, after updating estimates ahead of the company's Q4 earnings report due on February 21. The firm believes Coinbase is well positioned to gain market share when the crypto bull market returns.</li></ul><h2><b>Top 5 Downgrades:</b></h2><ul><li>Evercore ISI downgraded <b>Canada Goose</b> (GOOS) to In Line from Outperform with a price target of $20, down from $25. The analyst views the company's new long-term financial targets, which promise to nearly triple sales to $3B in five years while taking EBIT margin from 19% currently to 30%, as "needlessly aggressive."</li><li>Raymond James downgraded<b> Axon</b> (AXON) to Outperform from Strong Buy with a $223 price target. Shares are up 130% from their lows in May 2022, and while execution has been nearly flawless during this period, the inevitability of mean reversion, decelerating growth off of a larger base and less room for multiple expansion leave the firm searching for a near-term positive catalyst.</li><li>Stifel downgraded <b>Texas Roadhouse</b> (TXRH) to Hold from Buy with a price target of $105, down from $110. The analyst remains confident in the company's 2023 sales outlook and long-term unit growth prospects, but is less confident there is meaningful upside to its 2023 earnings per share estimate.</li><li>B. Riley downgraded <b>Universal Electronics</b> (UEIC) to Neutral from Buy with a price target of $22, down from $29, following the Q4 miss. The company's legacy home entertainment segment has substantially accelerated the pace of decline, thereby deferring the growing home automation, security and hospitality segment's ability to begin to offset that decline, the analyst tells investors. The stock was also downgraded to Neutral from Buy at Rosenblatt.</li><li>Credit Suisse downgraded <b>XP Inc.</b> (XP) to Underperform from Neutral with a price target of $15, down from $27, after the company's Q4 results missed expectations. The analyst believes it is time for a shift in strategy at the company, saying the results are "very negative" for shares given the large earnings decline.</li></ul><h2><b>Top 5 Initiations:</b></h2><ul><li>Citi initiated coverage of <b>Kimberly-Clark</b> (KMB) with a Sell rating and $120 price target. The analyst forecasts "peer-low" growth at Kimberly-Clark given its exposure to lower growth country/category combinations. The initiation was one of 16 companies in the U.S. beverages and household products and personal care space.</li><li>Credit Suisse initiated coverage of <b>Wix.com</b> (WIX) with an Outperform rating and $105 price target. As a leading software-as-a-service content management system provider, Wix offers a compelling suite of no/low-code web development tools and has also built out a "robust suite" of business and commerce solutions, the analyst argues.</li><li>Mizuho initiated coverage of <b>GE HealthCare</b> (GEHC) with a Buy rating and $90 price target. The analyst says positive feedback from the firm's radiology survey points to pent-up demand for additional U.S. hospital imaging capacity. Positive checks from hospital surveys point toward a return to double-digit growth in imaging procedures, the analyst added.</li><li>DA Davidson initiated coverage of <b>Braze</b> (BRZE) with a Neutral rating and $34 price target. While stating they have "a very positive outlook" for Braze and view it as a leader in the emerging customer engagement software arena, the firm believes the possible rationalization of marketing budgets this year is a reason for "a little near term caution."</li><li>Morgan Stanley assumed coverage of<b> Zebra Technologies</b> (ZBRA) with an Equal Weight rating with a price target of $305, up from $260. The firm is increasing estimates to credit the company's Q1 beat, but still sees risks around growing macro caution and lingering supply chain issues.</li></ul></body></html>","source":"lsy1666364704704","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>Top Calls on Wall Street: DraftKings, Virgin Galactic, Coinbase 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\">\nTop Calls on Wall Street: DraftKings, Virgin Galactic, Coinbase and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-17 22:54 GMT+8 <a href=https://thefly.com/landingPageNews.php?id=3665490&headline=ROKU;FTI;DKNG;GOOS;AXON;SPCE;TXRH;WIX;KMB;COIN;GEHC;BRZE;ZBRA;UEIC;XP-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic><strong>TheFly</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Top 5 Upgrades:BofA upgraded Roku (ROKU) to Buy from Underperform with a price target of $85, up from $45. The company is performing better than the broader advertising market, which remains weak, as ...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=3665490&headline=ROKU;FTI;DKNG;GOOS;AXON;SPCE;TXRH;WIX;KMB;COIN;GEHC;BRZE;ZBRA;UEIC;XP-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc.","SPCE":"维珍银河","COIN":"Coinbase Global, Inc."},"source_url":"https://thefly.com/landingPageNews.php?id=3665490&headline=ROKU;FTI;DKNG;GOOS;AXON;SPCE;TXRH;WIX;KMB;COIN;GEHC;BRZE;ZBRA;UEIC;XP-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184653577","content_text":"Top 5 Upgrades:BofA upgraded Roku (ROKU) to Buy from Underperform with a price target of $85, up from $45. The company is performing better than the broader advertising market, which remains weak, as ad spending across some verticals is bottoming out, the analyst tells investors.Citi upgraded TechnipFMC (FTI) to Buy from Neutral with an $18 price target after taking over coverage of the name. The company's pricing leverage is improving given a consolidating sector and success of its integrated model and standardization strategy, the analyst tells investors.BTIG upgraded DraftKings (DKNG) to Buy from Neutral with a $24 price target. A divergence in player adoption and marketing cost trends has driven upside versus EBITDA expectations for DraftKings throughout 2022, and this pattern will persist in 2023, the analyst said.Wolfe Research upgraded Virgin Galactic (SPCE) to Peer Perform from Underperform without a price target. With WhiteKightTwo's return to flight, Virgin Galactic shares will \"likely link to a positive event path\" through June, the analyst tells investors.Compass Point upgraded Coinbase (COIN) to Buy from Neutral with a price target of $100, up from $75, after updating estimates ahead of the company's Q4 earnings report due on February 21. The firm believes Coinbase is well positioned to gain market share when the crypto bull market returns.Top 5 Downgrades:Evercore ISI downgraded Canada Goose (GOOS) to In Line from Outperform with a price target of $20, down from $25. The analyst views the company's new long-term financial targets, which promise to nearly triple sales to $3B in five years while taking EBIT margin from 19% currently to 30%, as \"needlessly aggressive.\"Raymond James downgraded Axon (AXON) to Outperform from Strong Buy with a $223 price target. Shares are up 130% from their lows in May 2022, and while execution has been nearly flawless during this period, the inevitability of mean reversion, decelerating growth off of a larger base and less room for multiple expansion leave the firm searching for a near-term positive catalyst.Stifel downgraded Texas Roadhouse (TXRH) to Hold from Buy with a price target of $105, down from $110. The analyst remains confident in the company's 2023 sales outlook and long-term unit growth prospects, but is less confident there is meaningful upside to its 2023 earnings per share estimate.B. Riley downgraded Universal Electronics (UEIC) to Neutral from Buy with a price target of $22, down from $29, following the Q4 miss. The company's legacy home entertainment segment has substantially accelerated the pace of decline, thereby deferring the growing home automation, security and hospitality segment's ability to begin to offset that decline, the analyst tells investors. The stock was also downgraded to Neutral from Buy at Rosenblatt.Credit Suisse downgraded XP Inc. (XP) to Underperform from Neutral with a price target of $15, down from $27, after the company's Q4 results missed expectations. The analyst believes it is time for a shift in strategy at the company, saying the results are \"very negative\" for shares given the large earnings decline.Top 5 Initiations:Citi initiated coverage of Kimberly-Clark (KMB) with a Sell rating and $120 price target. The analyst forecasts \"peer-low\" growth at Kimberly-Clark given its exposure to lower growth country/category combinations. The initiation was one of 16 companies in the U.S. beverages and household products and personal care space.Credit Suisse initiated coverage of Wix.com (WIX) with an Outperform rating and $105 price target. As a leading software-as-a-service content management system provider, Wix offers a compelling suite of no/low-code web development tools and has also built out a \"robust suite\" of business and commerce solutions, the analyst argues.Mizuho initiated coverage of GE HealthCare (GEHC) with a Buy rating and $90 price target. The analyst says positive feedback from the firm's radiology survey points to pent-up demand for additional U.S. hospital imaging capacity. Positive checks from hospital surveys point toward a return to double-digit growth in imaging procedures, the analyst added.DA Davidson initiated coverage of Braze (BRZE) with a Neutral rating and $34 price target. While stating they have \"a very positive outlook\" for Braze and view it as a leader in the emerging customer engagement software arena, the firm believes the possible rationalization of marketing budgets this year is a reason for \"a little near term caution.\"Morgan Stanley assumed coverage of Zebra Technologies (ZBRA) with an Equal Weight rating with a price target of $305, up from $260. The firm is increasing estimates to credit the company's Q1 beat, but still sees risks around growing macro caution and lingering supply chain issues.","news_type":1,"symbols_score_info":{"SPCE":0.9,"DKNG":0.9,"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":2552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954712944,"gmtCreate":1676627454788,"gmtModify":1676627458816,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Ivobobobivbiob","listText":"Ivobobobivbiob","text":"Ivobobobivbiob","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954712944","repostId":"1140323354","repostType":4,"isVote":1,"tweetType":1,"viewCount":817,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926764411,"gmtCreate":1671635565833,"gmtModify":1676538567589,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Handheld","listText":"Handheld","text":"Handheld","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926764411","repostId":"9963969638","repostType":1,"repost":{"id":9963969638,"gmtCreate":1668567458425,"gmtModify":1677745765888,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667667103859","idStr":"3527667667103859"},"themes":[],"title":"Join Tiger's Football Season, share the prizes worth up to US$200,000","htmlText":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world! 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It can also be used by retail investors in the US stock market.You can get income while holding it.This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time.Income comparisonAssume that investors hold 200 shares of Amazon from January 1 to December 17, 2021If there is no operation during the holding period, the final total assets will be USD 675,484If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, another","listText":"Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it.This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time.Income comparisonAssume that investors hold 200 shares of Amazon from January 1 to December 17, 2021If there is no operation during the holding period, the final total assets will be USD 675,484If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, another","text":"Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it.This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time.Income comparisonAssume that investors hold 200 shares of Amazon from January 1 to December 17, 2021If there is no operation during the holding period, the final total assets will be USD 675,484If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, another","images":[{"img":"https://static.tigerbbs.com/1be4ad594d709020d91c8496e1f9e7c9","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926444530","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999908594,"gmtCreate":1660445568219,"gmtModify":1676533472025,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Ghjkkjkk","listText":"Ghjkkjkk","text":"Ghjkkjkk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999908594","repostId":"2259349706","repostType":4,"isVote":1,"tweetType":1,"viewCount":1058,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9905862690,"gmtCreate":1659851533414,"gmtModify":1703767117237,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Fugitive","listText":"Fugitive","text":"Fugitive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905862690","repostId":"1149987383","repostType":4,"repost":{"id":"1149987383","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":1659711444,"share":"https://ttm.financial/m/news/1149987383?lang=&edition=fundamental","pubTime":"2022-08-05 22:57","market":"us","language":"en","title":"Dow Edges Into Positive Territory As Stocks Erase Early Losses","url":"https://stock-news.laohu8.com/highlight/detail?id=1149987383","media":"Tiger Newspress","summary":"The Dow Jones Industrial Average rebounded following an earlier loss in the wake of a July jobs repo","content":"<html><head></head><body><p>The Dow Jones Industrial Average rebounded following an earlier loss in the wake of a July jobs report that was much better than expected, as investors assessed what a strong labor market would mean for the Federal Reserve’s rate tightening campaign.</p><p>The Dow Jones Industrial Average shed just 3 points after being down more than 200 points. Bank stocks led the intraday comeback as rates surged from the strong jobs report. The S&P 500 was flat after earlier losing about 1%. The Nasdaq Composite was down about 0.1%.</p><p>The labor market added 528,000 jobs in July,easily beating a Dow Jones estimate of a 258,000 increase. The unemployment rate ticked down to 3.5%, below the 3.6% estimate. Wage growth also ticked up more than estimated, up 0.5% for the month and 5.2% higher than a year ago, signaling that high inflation is likely still a problem.</p><p>Stocks opened lower following the report, even as it seemed to indicate the economy was not currently in a recession.</p><p>“Anybody that jumped on the ‘Fed is going to pivot next year and start cutting rates’ is going to have to get off at the next station, because that’s not in the cards,” said Art Hogan, chief market strategist at B. Riley Financial. “It is clearly a situation where the economy is not screeching or heading into a recession here and now.”</p><p>Job growth was expected to slow as the Fed continues to hike interest rates to tame surging inflation, but this report shows a labor market still running hot. The report is a crucial one as it’s one of two the central bank will see before it decides how much to raise rates at its September meeting.</p><p>Major averages posted their best month since 2020 in July on the hope the Fed would slow the pace of its hikes. The S&P 500 added 9.1% last 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>Dow Edges Into Positive Territory As Stocks Erase Early Losses</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\">\nDow Edges Into Positive Territory As Stocks Erase Early Losses\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\">2022-08-05 22:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Dow Jones Industrial Average rebounded following an earlier loss in the wake of a July jobs report that was much better than expected, as investors assessed what a strong labor market would mean for the Federal Reserve’s rate tightening campaign.</p><p>The Dow Jones Industrial Average shed just 3 points after being down more than 200 points. Bank stocks led the intraday comeback as rates surged from the strong jobs report. The S&P 500 was flat after earlier losing about 1%. The Nasdaq Composite was down about 0.1%.</p><p>The labor market added 528,000 jobs in July,easily beating a Dow Jones estimate of a 258,000 increase. The unemployment rate ticked down to 3.5%, below the 3.6% estimate. Wage growth also ticked up more than estimated, up 0.5% for the month and 5.2% higher than a year ago, signaling that high inflation is likely still a problem.</p><p>Stocks opened lower following the report, even as it seemed to indicate the economy was not currently in a recession.</p><p>“Anybody that jumped on the ‘Fed is going to pivot next year and start cutting rates’ is going to have to get off at the next station, because that’s not in the cards,” said Art Hogan, chief market strategist at B. Riley Financial. “It is clearly a situation where the economy is not screeching or heading into a recession here and now.”</p><p>Job growth was expected to slow as the Fed continues to hike interest rates to tame surging inflation, but this report shows a labor market still running hot. The report is a crucial one as it’s one of two the central bank will see before it decides how much to raise rates at its September meeting.</p><p>Major averages posted their best month since 2020 in July on the hope the Fed would slow the pace of its hikes. The S&P 500 added 9.1% last month.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149987383","content_text":"The Dow Jones Industrial Average rebounded following an earlier loss in the wake of a July jobs report that was much better than expected, as investors assessed what a strong labor market would mean for the Federal Reserve’s rate tightening campaign.The Dow Jones Industrial Average shed just 3 points after being down more than 200 points. Bank stocks led the intraday comeback as rates surged from the strong jobs report. The S&P 500 was flat after earlier losing about 1%. The Nasdaq Composite was down about 0.1%.The labor market added 528,000 jobs in July,easily beating a Dow Jones estimate of a 258,000 increase. The unemployment rate ticked down to 3.5%, below the 3.6% estimate. Wage growth also ticked up more than estimated, up 0.5% for the month and 5.2% higher than a year ago, signaling that high inflation is likely still a problem.Stocks opened lower following the report, even as it seemed to indicate the economy was not currently in a recession.“Anybody that jumped on the ‘Fed is going to pivot next year and start cutting rates’ is going to have to get off at the next station, because that’s not in the cards,” said Art Hogan, chief market strategist at B. Riley Financial. “It is clearly a situation where the economy is not screeching or heading into a recession here and now.”Job growth was expected to slow as the Fed continues to hike interest rates to tame surging inflation, but this report shows a labor market still running hot. The report is a crucial one as it’s one of two the central bank will see before it decides how much to raise rates at its September meeting.Major averages posted their best month since 2020 in July on the hope the Fed would slow the pace of its hikes. The S&P 500 added 9.1% last month.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9058434009,"gmtCreate":1654875428701,"gmtModify":1676535526920,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Pijkihjjhhh","listText":"Pijkihjjhhh","text":"Pijkihjjhhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9058434009","repostId":"9058493860","repostType":1,"repost":{"id":9058493860,"gmtCreate":1654872018000,"gmtModify":1676535526427,"author":{"id":"4103332230805300","authorId":"4103332230805300","name":"Smartkarma","avatar":"https://community-static.tradeup.com/news/39fffba2ff205c2730b5bf07e3de6647","crmLevel":0,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4103332230805300","idStr":"4103332230805300"},"themes":[],"title":"Tactile Systems Technology (TCMD US): Subsiding COVID to Drive Mid-Teens Sales Growth in 2022","htmlText":"Tactile Systems has a significant runway ahead as the company continues to penetrate the combined multibillion-dollar annual addressable market opportunity amid improving COVID-related headwinds. Tactile Systems Technology I (TCMD US) offers pneumatic compression pump, which has total current addressable market opportunity of $10B+ in the U.S. The company’s annual run rate is ~$200M. To penetrate the addressable market deeper, Tactile is aggressively expanding commercial team, which should lay the foundation for long-term sustainable revenue growth and margin expansion. With the declining COVID-related headwinds, new product launch, and better commercial execution, Tactile should be well-positioned for accelerated growth trajectory. Full analysis here:- https://www.smartkarma.com/i","listText":"Tactile Systems has a significant runway ahead as the company continues to penetrate the combined multibillion-dollar annual addressable market opportunity amid improving COVID-related headwinds. Tactile Systems Technology I (TCMD US) offers pneumatic compression pump, which has total current addressable market opportunity of $10B+ in the U.S. The company’s annual run rate is ~$200M. To penetrate the addressable market deeper, Tactile is aggressively expanding commercial team, which should lay the foundation for long-term sustainable revenue growth and margin expansion. With the declining COVID-related headwinds, new product launch, and better commercial execution, Tactile should be well-positioned for accelerated growth trajectory. Full analysis here:- https://www.smartkarma.com/i","text":"Tactile Systems has a significant runway ahead as the company continues to penetrate the combined multibillion-dollar annual addressable market opportunity amid improving COVID-related headwinds. Tactile Systems Technology I (TCMD US) offers pneumatic compression pump, which has total current addressable market opportunity of $10B+ in the U.S. The company’s annual run rate is ~$200M. To penetrate the addressable market deeper, Tactile is aggressively expanding commercial team, which should lay the foundation for long-term sustainable revenue growth and margin expansion. With the declining COVID-related headwinds, new product launch, and better commercial execution, Tactile should be well-positioned for accelerated growth trajectory. Full analysis here:- https://www.smartkarma.com/i","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9058493860","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":778,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022500046,"gmtCreate":1653538590385,"gmtModify":1676535301147,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Lclspkds","listText":"Lclspkds","text":"Lclspkds","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022500046","repostId":"9022247437","repostType":1,"repost":{"id":9022247437,"gmtCreate":1653537349105,"gmtModify":1676535300816,"author":{"id":"9000000000000582","authorId":"9000000000000582","name":"GabrielleSusan","avatar":"https://static.tigerbbs.com/765c9daae36bd47c3c2192e4245c8d47","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"9000000000000582","idStr":"9000000000000582"},"themes":[],"title":"Snap : Its crash is just an opportunity","htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/SNAP\">$Snap Inc(SNAP)$</a> A day after the stock tumbled, investors saw a buying opportunity. What‘s happened A day after Snap plunged 43% on a guidance cut, the social media stock was bouncing back as investors seemed to spy an opportunity in the sell-off. As of May 25, 2022 at 5:20 p.m. ET , Shares of Snap Inc. surged 10.71% to $14.16 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.51% to 11,434.74 and the Dow Jones Industrial Average rising 0.60% to 32,120.28. The stock's rise snapped a two-day losing streak. Snap Inc. closed $69.18 below its 52-week high ($83.34), which the company reached on September 24th. The s","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/SNAP\">$Snap Inc(SNAP)$</a> A day after the stock tumbled, investors saw a buying opportunity. What‘s happened A day after Snap plunged 43% on a guidance cut, the social media stock was bouncing back as investors seemed to spy an opportunity in the sell-off. As of May 25, 2022 at 5:20 p.m. ET , Shares of Snap Inc. surged 10.71% to $14.16 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.51% to 11,434.74 and the Dow Jones Industrial Average rising 0.60% to 32,120.28. The stock's rise snapped a two-day losing streak. Snap Inc. closed $69.18 below its 52-week high ($83.34), which the company reached on September 24th. The s","text":"$Snap Inc(SNAP)$ A day after the stock tumbled, investors saw a buying opportunity. What‘s happened A day after Snap plunged 43% on a guidance cut, the social media stock was bouncing back as investors seemed to spy an opportunity in the sell-off. As of May 25, 2022 at 5:20 p.m. ET , Shares of Snap Inc. surged 10.71% to $14.16 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.51% to 11,434.74 and the Dow Jones Industrial Average rising 0.60% to 32,120.28. The stock's rise snapped a two-day losing streak. Snap Inc. closed $69.18 below its 52-week high ($83.34), which the company reached on September 24th. The s","images":[{"img":"https://community-static.tradeup.com/news/3c686dc1bae6441e110e0ac4fc6373a8","width":"700","height":"459"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022247437","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9066158707,"gmtCreate":1651880661109,"gmtModify":1676534988069,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"title":"Hahaha wyhhss","htmlText":"Hdjjiwiix jdowpsokepwoe njdoownskw ex wedid we. Do op k n n Hu. I j. J hi e. A d b h h Ip I. H n my f b j I h. H h x a w r h h I o n n ","listText":"Hdjjiwiix jdowpsokepwoe njdoownskw ex wedid we. Do op k n n Hu. I j. J hi e. A d b h h Ip I. H n my f b j I h. H h x a w r h h I o n n ","text":"Hdjjiwiix jdowpsokepwoe njdoownskw ex wedid we. Do op k n n Hu. I j. J hi e. A d b h h Ip I. H n my f b j I h. H h x a w r h h I o n n","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066158707","isVote":1,"tweetType":1,"viewCount":879,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039344735,"gmtCreate":1645933675561,"gmtModify":1676534076074,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Yyyyyyyyyuuuii","listText":"Yyyyyyyyyuuuii","text":"Yyyyyyyyyuuuii","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039344735","repostId":"1125580913","repostType":4,"repost":{"id":"1125580913","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":1645926503,"share":"https://ttm.financial/m/news/1125580913?lang=&edition=fundamental","pubTime":"2022-02-27 09:48","market":"us","language":"en","title":"Buffett Full Annual Letter:Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value","url":"https://stock-news.laohu8.com/highlight/detail?id=1125580913","media":"Tiger Newspress","summary":"Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-yea","content":"<html><head></head><body><p>Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.</p><p>Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.</p><p>In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.</p><p>“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.</p><p>Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.</p><p>“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”</p><p>Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.</p><p>“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.</p><p>Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.</p><p>Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.</p><p>“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”</p><p><b>Read the full letter here:</b></p><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.</p><p>Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.</p><p>Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.</p><p>A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.</p><p>Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.</p><p><b>What You Own</b></p><p>Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.</p><p>Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.</p><h2><b>Surprise, Surprise</b></h2><p>Here are a few items about your company that often surprise even seasoned investors:</p><p>• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.</p><p>At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.</p><p>• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid</p><p>$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.</p><p>Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.</p><p></p><p>The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).</p><p>I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.</p><p>In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from</p><p>$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.</p><p>During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.</p><p>Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.</p><p>Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.</p><p>In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.</p><p>• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.</p><p>So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.</p><p>Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.</p><p>If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.</p><p>Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”</p><p>I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.</p><p>One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.</p><p>Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.</p><h2>Our Four Giants</h2><p>Through Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.</p><p>• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.</p><p>The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.</p><p>There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.</p><p>• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.</p><p>It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.</p><p>• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.</p><p>Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )</p><p>BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.</p><p>• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.</p><p>BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.</p><p>Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.</p><p>To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.</p><h2>Investments</h2><p>Now let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.</p><p><img src=\"https://static.tigerbbs.com/d43587e9f59c0ff76e6c04c6bf9af324\" tg-width=\"1047\" tg-height=\"530\" referrerpolicy=\"no-referrer\"/>* This is our actual purchase price and also our tax basis.</p><p>** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.</p><p>*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.</p><p>In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.</p><p>Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.</p><h2>U.S. Treasury Bills</h2><p>Berkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.</p><p>Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.</p><h2>But $144 billion?</h2><p>That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)</p><p>After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.</p><p>Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.</p><h2>Share Repurchases</h2><p>There are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.</p><p>Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.</p><p>That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.</p><p>Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)</p><p>Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).</p><p>I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.</p><p>It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.</p><p>Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.</p><h2>A Wonderful Man and a Wonderful Business</h2><p>Last year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.</p><p>In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.</p><p>With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.</p><p>But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?</p><p>For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.</p><p>But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.</p><p>Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.</p><p>When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.</p><p>To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.</p><p>Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”</p><p>When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.</p><p>At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.</p><p>In all ways, Paul was a class act.</p><p>* * * * * * * * * * * *</p><p>Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.</p><p>Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.</p><p>In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.</p><p>Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.</p><p>The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.</p><p>On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.</p><p>Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.</p><p>The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.</p><h2>Thanks</h2><p>I taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.</p><p>Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.</p><p>Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.</p><p>Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”</p><p>Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.</p><p>Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.</p><p>I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction working</p><p>for you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.</p><p>Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.</p><p>To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.</p><p>Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.</p><p>Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”</p><h2>The Annual Meeting</h2><p>Clear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.</p><p>I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.</p><p>February 26, 2022</p><p>Warren E. Buffett Chairman of the Board</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>Buffett Full Annual Letter:Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value</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\">\nBuffett Full Annual Letter:Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value\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\">2022-02-27 09:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.</p><p>Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.</p><p>In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.</p><p>“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.</p><p>Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.</p><p>“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”</p><p>Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.</p><p>“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.</p><p>Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.</p><p>Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.</p><p>“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”</p><p><b>Read the full letter here:</b></p><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.</p><p>Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.</p><p>Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.</p><p>A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.</p><p>Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.</p><p><b>What You Own</b></p><p>Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.</p><p>Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.</p><h2><b>Surprise, Surprise</b></h2><p>Here are a few items about your company that often surprise even seasoned investors:</p><p>• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.</p><p>At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.</p><p>• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid</p><p>$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.</p><p>Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.</p><p></p><p>The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).</p><p>I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.</p><p>In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from</p><p>$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.</p><p>During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.</p><p>Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.</p><p>Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.</p><p>In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.</p><p>• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.</p><p>So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.</p><p>Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.</p><p>If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.</p><p>Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”</p><p>I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.</p><p>One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.</p><p>Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.</p><h2>Our Four Giants</h2><p>Through Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.</p><p>• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.</p><p>The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.</p><p>There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.</p><p>• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.</p><p>It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.</p><p>• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.</p><p>Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )</p><p>BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.</p><p>• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.</p><p>BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.</p><p>Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.</p><p>To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.</p><h2>Investments</h2><p>Now let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.</p><p><img src=\"https://static.tigerbbs.com/d43587e9f59c0ff76e6c04c6bf9af324\" tg-width=\"1047\" tg-height=\"530\" referrerpolicy=\"no-referrer\"/>* This is our actual purchase price and also our tax basis.</p><p>** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.</p><p>*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.</p><p>In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.</p><p>Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.</p><h2>U.S. Treasury Bills</h2><p>Berkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.</p><p>Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.</p><h2>But $144 billion?</h2><p>That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)</p><p>After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.</p><p>Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.</p><h2>Share Repurchases</h2><p>There are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.</p><p>Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.</p><p>That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.</p><p>Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)</p><p>Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).</p><p>I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.</p><p>It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.</p><p>Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.</p><h2>A Wonderful Man and a Wonderful Business</h2><p>Last year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.</p><p>In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.</p><p>With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.</p><p>But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?</p><p>For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.</p><p>But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.</p><p>Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.</p><p>When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.</p><p>To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.</p><p>Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”</p><p>When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.</p><p>At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.</p><p>In all ways, Paul was a class act.</p><p>* * * * * * * * * * * *</p><p>Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.</p><p>Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.</p><p>In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.</p><p>Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.</p><p>The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.</p><p>On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.</p><p>Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.</p><p>The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.</p><h2>Thanks</h2><p>I taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.</p><p>Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.</p><p>Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.</p><p>Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”</p><p>Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.</p><p>Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.</p><p>I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction working</p><p>for you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.</p><p>Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.</p><p>To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.</p><p>Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.</p><p>Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”</p><h2>The Annual Meeting</h2><p>Clear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.</p><p>I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.</p><p>February 26, 2022</p><p>Warren E. Buffett Chairman of the Board</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125580913","content_text":"Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”Read the full letter here:To the Shareholders of Berkshire Hathaway Inc.:Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.What You OwnBerkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.Surprise, SurpriseHere are a few items about your company that often surprise even seasoned investors:• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.Our Four GiantsThrough Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.InvestmentsNow let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.* This is our actual purchase price and also our tax basis.** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.U.S. Treasury BillsBerkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.But $144 billion?That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.Share RepurchasesThere are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.A Wonderful Man and a Wonderful BusinessLast year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.In all ways, Paul was a class act.* * * * * * * * * * * *Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.ThanksI taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction workingfor you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”The Annual MeetingClear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.February 26, 2022Warren E. Buffett Chairman of the Board","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":1313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9949756355,"gmtCreate":1678923014778,"gmtModify":1678923019033,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Papa oaks","listText":"Papa oaks","text":"Papa oaks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":21,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949756355","repostId":"1178433847","repostType":2,"repost":{"id":"1178433847","kind":"news","pubTimestamp":1678922002,"share":"https://ttm.financial/m/news/1178433847?lang=&edition=fundamental","pubTime":"2023-03-16 07:13","market":"us","language":"en","title":"Credit Suisse Is In Crisis. What Went Wrong?","url":"https://stock-news.laohu8.com/highlight/detail?id=1178433847","media":"Bloomberg","summary":"Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discreti","content":"<div>\n<p>Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discretion and dull reliability. That only makes the scandals, public legal battles and mounting losses at ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-15/credit-suisse-what-s-going-on-and-why-is-cs-stock-falling\">Web Link</a>\n\n</div>\n","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>Credit Suisse Is In Crisis. What Went Wrong?</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\">\nCredit Suisse Is In Crisis. What Went Wrong?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-16 07:13 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-03-15/credit-suisse-what-s-going-on-and-why-is-cs-stock-falling><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discretion and dull reliability. That only makes the scandals, public legal battles and mounting losses at ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-15/credit-suisse-what-s-going-on-and-why-is-cs-stock-falling\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2023-03-15/credit-suisse-what-s-going-on-and-why-is-cs-stock-falling","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178433847","content_text":"Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discretion and dull reliability. That only makes the scandals, public legal battles and mounting losses at Credit Suisse Group AG more striking and hard to comprehend. In mid-March, unease about the bank’s mounting problems snowballed and its shares slumped, forcing management to appeal to Swiss banking authorities for a public vote of confidence.1. What went wrong?Credit Suisse’s failings have included a criminal conviction for allowing drug dealers to launder money in Bulgaria, entanglement in a Mozambique corruption case, a spying scandal involving a former employee and an executive and a massive leak of client data to the media. Its association with disgraced financier Lex Greensill and failed New York-based investment firm Archegos Capital Management compounded the sense of an institution that didn’t have a firm grip on its affairs. Many fed up clients have voted with their feet, leading to unprecedented client outflows in late 2022.2. What triggered the latest share slump?Chief Executive Officer Ulrich Koerner launched a massive outreach to woo back nervous clients and their cash. The effort appeared to be paying off by January, with it reported “net positive” deposits. However, on March 9, the US Securities and Exchange Commission queried the bank’s annual report, forcing it to delay its publication. Panic spread after regional US lender Silicon Valley Bank failed, the victim in part of risky investments and rising global interest rates that eroded the value of its bond holdings. Investors began ditching anything that smelled of banking risk and deposit flight.3. How bad did the situation get?On March 15, Credit Suisse stock slumped anew when the chairman of its largest shareholder, Saudi National Bank, ruled out investing any more in the company. This prompted Credit Suisse to ask the Swiss central bank for a public statement of support. The cost of insuring the bank’s bonds against default for one year surged to levels not seen for major international banks since the financial crisis of 2008. As other banks sought to hedge their counterparty risk for transactions with Credit Suisse, quoted prices for a one-year credit default swap jumped from 836 basis points, indicating a probability of defaulting of 10%, on March 14 to higher than 3,000 basis points. Few actual trades were executed, however, as liquidity in the market dried up. In another sign of stress, Credit Suisse’s additional tier 1 bonds — which are subordinate to all other ranks of debt and may be written down if capital falls below a predetermined level — were trading below 80% of face value, a level typically signaling distress. Even bonds coming due in April traded at prices well below face value.4. Is this another Lehman Brothers moment?The Wall Street giant, whose failure in 2008 triggered the global financial crisis, succumbed when funding dried up and other banks stopped dealing with it. Unlike Lehman and SVB, Credit Suisse has substantial liquid assets to call upon and access to central bank lending facilities and is less sensitive than many rivals to sharp moves in interest rates. It has rebuilt its cushion against more deposit withdrawals since the worst wave of outflows in October. It also has enough money-like liquid assets to pay back half of all its liabilities in deposits and loans from other banks, according to Bloomberg Opinion banking columnist Paul J. Davies. Koerner said the firm’s liquidity coverage ratio showed it can handle over a month of heavy outflows in a period of stress.5. What else is Koerner doing to turn things around?His three-year recovery plan involves 9,000 job cuts, dismantling the investment banking behemoth assembled over five decades and returning Credit Suisse to its origins as banker to the world’s ultra-wealthy. That means spinning off First Boston, an American investment bank it acquired in 1990 with a view to listing it in 2025, and selling parts of its securitized products unit to Apollo Global Management Inc. That process is now at risk of becoming bogged down in a broader financial-sector selloff following the collapse of SVB and two other US banks.","news_type":1,"symbols_score_info":{"CS":0.9}},"isVote":1,"tweetType":1,"viewCount":2689,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266035157848288,"gmtCreate":1705970525515,"gmtModify":1705970529117,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266035157848288","repostId":"265863699812488","repostType":1,"repost":{"id":265863699812488,"gmtCreate":1705928715142,"gmtModify":1705928745330,"author":{"id":"9000000000000448","authorId":"9000000000000448","name":"Tiger_story","avatar":"https://community-static.tradeup.com/news/fadf643dc834b9ce2a65e9f9d0a73f7e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"9000000000000448","idStr":"9000000000000448"},"themes":[],"title":"Bulls and Bears on Wall Street: A Chronological Odyssey of Market Swings","htmlText":"Witness history! <a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a> hits record high, U.S. stock market officially enters bull market on last Friday.In the vivid tapestry of the stock market, the terms \"bull market\" and \"bear market\" trace their roots to a fascinating origin. Picture a vibrant Wall Street where market trends emulate the behaviors of two powerful animals: the bullish charge and the bearish retreat.A look at bear and bull markets through historyThe Bull Market: An 18th Century AscentIn the 18th century, traders discerned a correlation between rising markets and increased profits, birthing the term \"bull market.\" Bulls, with their upward-thrusting horns, became the symbol of the ascending surge in stock prices.Fast forward to the roaring twenties—a golden era for","listText":"Witness history! <a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a> hits record high, U.S. stock market officially enters bull market on last Friday.In the vivid tapestry of the stock market, the terms \"bull market\" and \"bear market\" trace their roots to a fascinating origin. Picture a vibrant Wall Street where market trends emulate the behaviors of two powerful animals: the bullish charge and the bearish retreat.A look at bear and bull markets through historyThe Bull Market: An 18th Century AscentIn the 18th century, traders discerned a correlation between rising markets and increased profits, birthing the term \"bull market.\" Bulls, with their upward-thrusting horns, became the symbol of the ascending surge in stock prices.Fast forward to the roaring twenties—a golden era for","text":"Witness history! $S&P 500(.SPX)$ hits record high, U.S. stock market officially enters bull market on last Friday.In the vivid tapestry of the stock market, the terms \"bull market\" and \"bear market\" trace their roots to a fascinating origin. Picture a vibrant Wall Street where market trends emulate the behaviors of two powerful animals: the bullish charge and the bearish retreat.A look at bear and bull markets through historyThe Bull Market: An 18th Century AscentIn the 18th century, traders discerned a correlation between rising markets and increased profits, birthing the term \"bull market.\" Bulls, with their upward-thrusting horns, became the symbol of the ascending surge in stock prices.Fast forward to the roaring twenties—a golden era for","images":[{"img":"https://community-static.tradeup.com/news/0c173ffc9f2fa73d48a871392089b59f","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/1b06fe0eca41913babab3aa177ac5b19","width":"929","height":"523"},{"img":"https://community-static.tradeup.com/news/9456ade3fbc0af6572bf9a072a80cfcd","width":"4001","height":"2000"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/265863699812488","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949423410,"gmtCreate":1678839980531,"gmtModify":1678839985173,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Gigi Gigi bib","listText":"Gigi Gigi bib","text":"Gigi Gigi bib","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9949423410","repostId":"1109251500","repostType":2,"repost":{"id":"1109251500","kind":"news","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":1678835043,"share":"https://ttm.financial/m/news/1109251500?lang=&edition=fundamental","pubTime":"2023-03-15 07:04","market":"us","language":"en","title":"Wall Street Ends Green As Inflation Cools, Bank Jitters Ebb","url":"https://stock-news.laohu8.com/highlight/detail?id=1109251500","media":"Reuters","summary":"(Reuters) - U.S. stocks bounced back on Tuesday as largely on-target inflation data and easing jitte","content":"<html><head></head><body><p>(Reuters) - U.S. stocks bounced back on Tuesday as largely on-target inflation data and easing jitters over contagion in the banking sector cooled expectations regarding the size of the rate hike at the Federal Reserve's policy meeting next week.</p><p>All three major U.S. stock indexes closed sharply higher, with the S&P 500 and the Dow gaining more than 1% and the tech-heavy Nasdaq surging more than 2%, after several sessions of risk-off turmoil driven by the fallout surrounding the implosion of Silicon Valley Bank and Signature Bank.</p><p>Financial stocks clawed back some losses, with the S&P 500 Banks index coming back from its steepest one-day sell-off since June 2020.</p><p>The KBW Regional Banking index rose 2.1%.</p><p>Bank contagion fears were allayed on Tuesday as U.S. President Joe Biden and other global policymakers vowed the crisis would be contained.</p><p>"The market is having an opportunity to digest some of the news over the last couple of days," said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. "(Investors) are seeing a coordinated effort with various government agencies, and with hindsight, they’re feeling as if things have contained themselves a bit."</p><p>The Labor Department's CPI report showed consumer prices cooled in February, largely in line with market expectations, with headline and core measures notching welcome annual declines.</p><p>Even so, inflation has a considerable way to go before approaching the central bank's average annual 2% target.</p><p>But signs of economic softness, combined with the regional banking scare, have increased the odds that the Federal Reserve will implement a modest, 25 basis-point hike to its key interest rate at the conclusion of its two-day policy meeting on March 22.</p><p>Financial markets have now priced in a 74.5% likelihood that the central bank will raise the Fed funds target rate by an additional 25 basis points at the conclusion of its two-day monetary meeting later this month, with a growing minority - 25.5% - seeing the potential of no rate hike at all, according to CME's FedWatch tool.</p><p>"Part of the stabilization today is folks feeling as if the Fed might back off from some of the hawkish expectations that followed Chairman Powell's comments last week," Keator added.</p><p>"If the Fed isn't careful, they could create some unintended shocks to the system," he said.</p><p>Shock waves following the closure of Silicon Valley Bank and Signature Bank, which prompted Biden to vow he would contain the crisis and ensure the safety of the U.S. banking system, continued to reverberate throughout the sector.</p><p>The S&P 500 banking index reclaimed territory, rising 2.6% after Monday's plunge, its biggest one-day drop since June 2020.</p><p>The Dow Jones Industrial Average rose 336.26 points, or 1.06%, to 32,155.4, the S&P 500 gained 64.8 points, or 1.68%, to 3,920.56 and the Nasdaq Composite added 239.31 points, or 2.14%, to 11,428.15.</p><p>All 11 major sectors in the S&P 500 ended the trading day higher, with communication services enjoying the largest percentage advance.</p><p>Shares of First Republic Bank and Western Alliance Bancorp surged by 27.0% and 14.4%, respectively, in a reversal of the previous session's rout.</p><p>Meta Platforms Inc announced 10,000 job cuts in its second round of layoffs. Its stock advanced 7.3%.</p><p>Ride-hailing app rivals Uber Technologies Inc and Lyft Inc rose 5.0% and 0.6%, respectively, after a California state court revived a ballot measure allowing the companies to treat drivers as independent contractors rather than employees.</p><p>United Airlines Holdings Inc fell 5.4% after the commercial carrier unexpectedly forecast a current quarter loss.</p><p>AMC Entertainment Holdings slid 15.0% between multiple trading halts after its shareholders voted in favor of converting preferred stock into common shares.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.60-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored advancers.</p><p>The S&P 500 posted 3 new 52-week highs and 15 new lows; the Nasdaq Composite recorded 23 new highs and 195 new lows.</p><p>Volume on U.S. exchanges was 13.84 billion shares, compared with the 11.64 billion average 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 Street Ends Green As Inflation Cools, Bank Jitters Ebb</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Ends Green As Inflation Cools, Bank Jitters Ebb\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\">2023-03-15 07:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - U.S. stocks bounced back on Tuesday as largely on-target inflation data and easing jitters over contagion in the banking sector cooled expectations regarding the size of the rate hike at the Federal Reserve's policy meeting next week.</p><p>All three major U.S. stock indexes closed sharply higher, with the S&P 500 and the Dow gaining more than 1% and the tech-heavy Nasdaq surging more than 2%, after several sessions of risk-off turmoil driven by the fallout surrounding the implosion of Silicon Valley Bank and Signature Bank.</p><p>Financial stocks clawed back some losses, with the S&P 500 Banks index coming back from its steepest one-day sell-off since June 2020.</p><p>The KBW Regional Banking index rose 2.1%.</p><p>Bank contagion fears were allayed on Tuesday as U.S. President Joe Biden and other global policymakers vowed the crisis would be contained.</p><p>"The market is having an opportunity to digest some of the news over the last couple of days," said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. "(Investors) are seeing a coordinated effort with various government agencies, and with hindsight, they’re feeling as if things have contained themselves a bit."</p><p>The Labor Department's CPI report showed consumer prices cooled in February, largely in line with market expectations, with headline and core measures notching welcome annual declines.</p><p>Even so, inflation has a considerable way to go before approaching the central bank's average annual 2% target.</p><p>But signs of economic softness, combined with the regional banking scare, have increased the odds that the Federal Reserve will implement a modest, 25 basis-point hike to its key interest rate at the conclusion of its two-day policy meeting on March 22.</p><p>Financial markets have now priced in a 74.5% likelihood that the central bank will raise the Fed funds target rate by an additional 25 basis points at the conclusion of its two-day monetary meeting later this month, with a growing minority - 25.5% - seeing the potential of no rate hike at all, according to CME's FedWatch tool.</p><p>"Part of the stabilization today is folks feeling as if the Fed might back off from some of the hawkish expectations that followed Chairman Powell's comments last week," Keator added.</p><p>"If the Fed isn't careful, they could create some unintended shocks to the system," he said.</p><p>Shock waves following the closure of Silicon Valley Bank and Signature Bank, which prompted Biden to vow he would contain the crisis and ensure the safety of the U.S. banking system, continued to reverberate throughout the sector.</p><p>The S&P 500 banking index reclaimed territory, rising 2.6% after Monday's plunge, its biggest one-day drop since June 2020.</p><p>The Dow Jones Industrial Average rose 336.26 points, or 1.06%, to 32,155.4, the S&P 500 gained 64.8 points, or 1.68%, to 3,920.56 and the Nasdaq Composite added 239.31 points, or 2.14%, to 11,428.15.</p><p>All 11 major sectors in the S&P 500 ended the trading day higher, with communication services enjoying the largest percentage advance.</p><p>Shares of First Republic Bank and Western Alliance Bancorp surged by 27.0% and 14.4%, respectively, in a reversal of the previous session's rout.</p><p>Meta Platforms Inc announced 10,000 job cuts in its second round of layoffs. Its stock advanced 7.3%.</p><p>Ride-hailing app rivals Uber Technologies Inc and Lyft Inc rose 5.0% and 0.6%, respectively, after a California state court revived a ballot measure allowing the companies to treat drivers as independent contractors rather than employees.</p><p>United Airlines Holdings Inc fell 5.4% after the commercial carrier unexpectedly forecast a current quarter loss.</p><p>AMC Entertainment Holdings slid 15.0% between multiple trading halts after its shareholders voted in favor of converting preferred stock into common shares.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.60-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored advancers.</p><p>The S&P 500 posted 3 new 52-week highs and 15 new lows; the Nasdaq Composite recorded 23 new highs and 195 new lows.</p><p>Volume on U.S. exchanges was 13.84 billion shares, compared with the 11.64 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109251500","content_text":"(Reuters) - U.S. stocks bounced back on Tuesday as largely on-target inflation data and easing jitters over contagion in the banking sector cooled expectations regarding the size of the rate hike at the Federal Reserve's policy meeting next week.All three major U.S. stock indexes closed sharply higher, with the S&P 500 and the Dow gaining more than 1% and the tech-heavy Nasdaq surging more than 2%, after several sessions of risk-off turmoil driven by the fallout surrounding the implosion of Silicon Valley Bank and Signature Bank.Financial stocks clawed back some losses, with the S&P 500 Banks index coming back from its steepest one-day sell-off since June 2020.The KBW Regional Banking index rose 2.1%.Bank contagion fears were allayed on Tuesday as U.S. President Joe Biden and other global policymakers vowed the crisis would be contained.\"The market is having an opportunity to digest some of the news over the last couple of days,\" said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. \"(Investors) are seeing a coordinated effort with various government agencies, and with hindsight, they’re feeling as if things have contained themselves a bit.\"The Labor Department's CPI report showed consumer prices cooled in February, largely in line with market expectations, with headline and core measures notching welcome annual declines.Even so, inflation has a considerable way to go before approaching the central bank's average annual 2% target.But signs of economic softness, combined with the regional banking scare, have increased the odds that the Federal Reserve will implement a modest, 25 basis-point hike to its key interest rate at the conclusion of its two-day policy meeting on March 22.Financial markets have now priced in a 74.5% likelihood that the central bank will raise the Fed funds target rate by an additional 25 basis points at the conclusion of its two-day monetary meeting later this month, with a growing minority - 25.5% - seeing the potential of no rate hike at all, according to CME's FedWatch tool.\"Part of the stabilization today is folks feeling as if the Fed might back off from some of the hawkish expectations that followed Chairman Powell's comments last week,\" Keator added.\"If the Fed isn't careful, they could create some unintended shocks to the system,\" he said.Shock waves following the closure of Silicon Valley Bank and Signature Bank, which prompted Biden to vow he would contain the crisis and ensure the safety of the U.S. banking system, continued to reverberate throughout the sector.The S&P 500 banking index reclaimed territory, rising 2.6% after Monday's plunge, its biggest one-day drop since June 2020.The Dow Jones Industrial Average rose 336.26 points, or 1.06%, to 32,155.4, the S&P 500 gained 64.8 points, or 1.68%, to 3,920.56 and the Nasdaq Composite added 239.31 points, or 2.14%, to 11,428.15.All 11 major sectors in the S&P 500 ended the trading day higher, with communication services enjoying the largest percentage advance.Shares of First Republic Bank and Western Alliance Bancorp surged by 27.0% and 14.4%, respectively, in a reversal of the previous session's rout.Meta Platforms Inc announced 10,000 job cuts in its second round of layoffs. Its stock advanced 7.3%.Ride-hailing app rivals Uber Technologies Inc and Lyft Inc rose 5.0% and 0.6%, respectively, after a California state court revived a ballot measure allowing the companies to treat drivers as independent contractors rather than employees.United Airlines Holdings Inc fell 5.4% after the commercial carrier unexpectedly forecast a current quarter loss.AMC Entertainment Holdings slid 15.0% between multiple trading halts after its shareholders voted in favor of converting preferred stock into common shares.Advancing issues outnumbered declining ones on the NYSE by a 2.60-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored advancers.The S&P 500 posted 3 new 52-week highs and 15 new lows; the Nasdaq Composite recorded 23 new highs and 195 new lows.Volume on U.S. exchanges was 13.84 billion shares, compared with the 11.64 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2874,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940641074,"gmtCreate":1677895634598,"gmtModify":1677895639241,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Hdudifjf","listText":"Hdudifjf","text":"Hdudifjf","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940641074","repostId":"1124571052","repostType":4,"isVote":1,"tweetType":1,"viewCount":2212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891723928,"gmtCreate":1628432385364,"gmtModify":1703506184761,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Oil","listText":"Oil","text":"Oil","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/891723928","repostId":"2157901414","repostType":4,"repost":{"id":"2157901414","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":1628406621,"share":"https://ttm.financial/m/news/2157901414?lang=&edition=fundamental","pubTime":"2021-08-08 15:10","market":"fut","language":"en","title":"Saudi Aramco Q2 profit soars on higher prices, demand recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2157901414","media":"Reuters","summary":"DUBAI, Aug 8 (Reuters) - Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold","content":"<p>DUBAI, Aug 8 (Reuters) - Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold rise in second-quarter net profit, boosted by higher oil prices and a recovery on oil demand.</p>\n<p>Aramco said its results were supported by the global easing of COVID-19 restrictions, vaccination campaigns, stimulus measures and accelerating economic activity in key markets.</p>\n<p>Oil prices, boosted by output cuts made by OPEC and other oil producers, closed at $70.70 a barrel on Friday and has gained over 35% since the start of the year.</p>\n<p>Net profit rose to 95.47 billion riyals ($25.46 billion) for the quarter to June 30 from 24.62 billion riyals a year earlier.</p>\n<p>Analysts had expected a net profit of $23.2 billion, according to the mean estimate from five analysts.</p>\n<p>It declared a dividend of $18.8 billion in the second quarter, which will be paid in the third quarter.</p>\n<p>\"Our second quarter results reflect a strong rebound in worldwide energy demand and we are heading into the second half of 2021 more resilient and more flexible, as the global recovery gains momentum,\" Aramco CEO Amin Nasser said in a statement.</p>\n<p>Aramco raised $6 billion in June with its first U.S. dollar-denominated sukuk sale, that was expected to help fund a large dividend that will mostly go to the government.</p>\n<p>A consortium including Washington DC-based EIG Global Energy Partners in June closed a deal to buy 49% of Aramco's pipelines business for $12.4 billion.</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>Saudi Aramco Q2 profit soars on higher prices, demand recovery</title>\n<style 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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\">\nSaudi Aramco Q2 profit soars on higher prices, demand recovery\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\">2021-08-08 15:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>DUBAI, Aug 8 (Reuters) - Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold rise in second-quarter net profit, boosted by higher oil prices and a recovery on oil demand.</p>\n<p>Aramco said its results were supported by the global easing of COVID-19 restrictions, vaccination campaigns, stimulus measures and accelerating economic activity in key markets.</p>\n<p>Oil prices, boosted by output cuts made by OPEC and other oil producers, closed at $70.70 a barrel on Friday and has gained over 35% since the start of the year.</p>\n<p>Net profit rose to 95.47 billion riyals ($25.46 billion) for the quarter to June 30 from 24.62 billion riyals a year earlier.</p>\n<p>Analysts had expected a net profit of $23.2 billion, according to the mean estimate from five analysts.</p>\n<p>It declared a dividend of $18.8 billion in the second quarter, which will be paid in the third quarter.</p>\n<p>\"Our second quarter results reflect a strong rebound in worldwide energy demand and we are heading into the second half of 2021 more resilient and more flexible, as the global recovery gains momentum,\" Aramco CEO Amin Nasser said in a statement.</p>\n<p>Aramco raised $6 billion in June with its first U.S. dollar-denominated sukuk sale, that was expected to help fund a large dividend that will mostly go to the government.</p>\n<p>A consortium including Washington DC-based EIG Global Energy Partners in June closed a deal to buy 49% of Aramco's pipelines business for $12.4 billion.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157901414","content_text":"DUBAI, Aug 8 (Reuters) - Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold rise in second-quarter net profit, boosted by higher oil prices and a recovery on oil demand.\nAramco said its results were supported by the global easing of COVID-19 restrictions, vaccination campaigns, stimulus measures and accelerating economic activity in key markets.\nOil prices, boosted by output cuts made by OPEC and other oil producers, closed at $70.70 a barrel on Friday and has gained over 35% since the start of the year.\nNet profit rose to 95.47 billion riyals ($25.46 billion) for the quarter to June 30 from 24.62 billion riyals a year earlier.\nAnalysts had expected a net profit of $23.2 billion, according to the mean estimate from five analysts.\nIt declared a dividend of $18.8 billion in the second quarter, which will be paid in the third quarter.\n\"Our second quarter results reflect a strong rebound in worldwide energy demand and we are heading into the second half of 2021 more resilient and more flexible, as the global recovery gains momentum,\" Aramco CEO Amin Nasser said in a statement.\nAramco raised $6 billion in June with its first U.S. dollar-denominated sukuk sale, that was expected to help fund a large dividend that will mostly go to the government.\nA consortium including Washington DC-based EIG Global Energy Partners in June closed a deal to buy 49% of Aramco's pipelines business for $12.4 billion.","news_type":1,"symbols_score_info":{"QMmain":0.9,"CLmain":0.9,"QTWO":0.9}},"isVote":1,"tweetType":1,"viewCount":586,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154320016,"gmtCreate":1625481732635,"gmtModify":1703742466164,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Closed","listText":"Closed","text":"Closed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154320016","repostId":"1109703914","repostType":4,"repost":{"id":"1109703914","kind":"news","pubTimestamp":1625464355,"share":"https://ttm.financial/m/news/1109703914?lang=&edition=fundamental","pubTime":"2021-07-05 13:52","market":"us","language":"en","title":"Is the Stock Market Open or Closed on Independence Day?","url":"https://stock-news.laohu8.com/highlight/detail?id=1109703914","media":"Thestreet","summary":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.So will the major markets open or close for the holiday?The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.It's one of nine full-closing daysfor the stock market this year.For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading i","content":"<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.</p>\n<p>So will the major markets open or close for the holiday?</p>\n<p>The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.</p>\n<p>It's one of nine full-closing daysfor the stock market this year.</p>\n<p>For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.</p>\n<p>Normal stock-trading hours run 9:30 a.m. to 4 p.m. ET.</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>Is the Stock Market Open or Closed on Independence Day?</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\">\nIs the Stock Market Open or Closed on Independence Day?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 13:52 GMT+8 <a href=https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the...</p>\n\n<a href=\"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours\">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.thestreet.com/investing/independence-day-stock-markets-trading-hours","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109703914","content_text":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the holiday?\nThe New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.\nIt's one of nine full-closing daysfor the stock market this year.\nFor instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.\nNormal stock-trading hours run 9:30 a.m. to 4 p.m. ET.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":562,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863192367,"gmtCreate":1632362371959,"gmtModify":1676530763207,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"ahhhhhhh","listText":"ahhhhhhh","text":"ahhhhhhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863192367","repostId":"2169650271","repostType":4,"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154512990,"gmtCreate":1625534053210,"gmtModify":1703743143771,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Gosh","listText":"Gosh","text":"Gosh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154512990","repostId":"1190430616","repostType":4,"isVote":1,"tweetType":1,"viewCount":759,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887217737,"gmtCreate":1632044497929,"gmtModify":1676530692145,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Why","listText":"Why","text":"Why","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/887217737","repostId":"1198486138","repostType":4,"isVote":1,"tweetType":1,"viewCount":804,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819953431,"gmtCreate":1630029347023,"gmtModify":1676530204354,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"…..","listText":"…..","text":"…..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/819953431","repostId":"2162847016","repostType":4,"isVote":1,"tweetType":1,"viewCount":741,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804809181,"gmtCreate":1627948330343,"gmtModify":1703498253825,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"=(","listText":"=(","text":"=(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804809181","repostId":"2156114224","repostType":4,"isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954758696,"gmtCreate":1676673624815,"gmtModify":1676673628819,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Ugg gig","listText":"Ugg gig","text":"Ugg gig","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954758696","repostId":"1184653577","repostType":4,"repost":{"id":"1184653577","kind":"news","pubTimestamp":1676645670,"share":"https://ttm.financial/m/news/1184653577?lang=&edition=fundamental","pubTime":"2023-02-17 22:54","market":"us","language":"en","title":"Top Calls on Wall Street: DraftKings, Virgin Galactic, Coinbase and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1184653577","media":"TheFly","summary":"Top 5 Upgrades:BofA upgraded Roku (ROKU) to Buy from Underperform with a price target of $85, up fro","content":"<html><head></head><body><h2><b>Top 5 Upgrades:</b></h2><ul><li>BofA upgraded <b>Roku</b> (ROKU) to Buy from Underperform with a price target of $85, up from $45. The company is performing better than the broader advertising market, which remains weak, as ad spending across some verticals is bottoming out, the analyst tells investors.</li><li>Citi upgraded <b>TechnipFMC</b> (FTI) to Buy from Neutral with an $18 price target after taking over coverage of the name. The company's pricing leverage is improving given a consolidating sector and success of its integrated model and standardization strategy, the analyst tells investors.</li><li>BTIG upgraded <b>DraftKings</b> (DKNG) to Buy from Neutral with a $24 price target. A divergence in player adoption and marketing cost trends has driven upside versus EBITDA expectations for DraftKings throughout 2022, and this pattern will persist in 2023, the analyst said.</li><li>Wolfe Research upgraded <b>Virgin Galactic</b> (SPCE) to Peer Perform from Underperform without a price target. With WhiteKightTwo's return to flight, Virgin Galactic shares will "likely link to a positive event path" through June, the analyst tells investors.</li><li>Compass Point upgraded <b>Coinbase</b> (COIN) to Buy from Neutral with a price target of $100, up from $75, after updating estimates ahead of the company's Q4 earnings report due on February 21. The firm believes Coinbase is well positioned to gain market share when the crypto bull market returns.</li></ul><h2><b>Top 5 Downgrades:</b></h2><ul><li>Evercore ISI downgraded <b>Canada Goose</b> (GOOS) to In Line from Outperform with a price target of $20, down from $25. The analyst views the company's new long-term financial targets, which promise to nearly triple sales to $3B in five years while taking EBIT margin from 19% currently to 30%, as "needlessly aggressive."</li><li>Raymond James downgraded<b> Axon</b> (AXON) to Outperform from Strong Buy with a $223 price target. Shares are up 130% from their lows in May 2022, and while execution has been nearly flawless during this period, the inevitability of mean reversion, decelerating growth off of a larger base and less room for multiple expansion leave the firm searching for a near-term positive catalyst.</li><li>Stifel downgraded <b>Texas Roadhouse</b> (TXRH) to Hold from Buy with a price target of $105, down from $110. The analyst remains confident in the company's 2023 sales outlook and long-term unit growth prospects, but is less confident there is meaningful upside to its 2023 earnings per share estimate.</li><li>B. Riley downgraded <b>Universal Electronics</b> (UEIC) to Neutral from Buy with a price target of $22, down from $29, following the Q4 miss. The company's legacy home entertainment segment has substantially accelerated the pace of decline, thereby deferring the growing home automation, security and hospitality segment's ability to begin to offset that decline, the analyst tells investors. The stock was also downgraded to Neutral from Buy at Rosenblatt.</li><li>Credit Suisse downgraded <b>XP Inc.</b> (XP) to Underperform from Neutral with a price target of $15, down from $27, after the company's Q4 results missed expectations. The analyst believes it is time for a shift in strategy at the company, saying the results are "very negative" for shares given the large earnings decline.</li></ul><h2><b>Top 5 Initiations:</b></h2><ul><li>Citi initiated coverage of <b>Kimberly-Clark</b> (KMB) with a Sell rating and $120 price target. The analyst forecasts "peer-low" growth at Kimberly-Clark given its exposure to lower growth country/category combinations. The initiation was one of 16 companies in the U.S. beverages and household products and personal care space.</li><li>Credit Suisse initiated coverage of <b>Wix.com</b> (WIX) with an Outperform rating and $105 price target. As a leading software-as-a-service content management system provider, Wix offers a compelling suite of no/low-code web development tools and has also built out a "robust suite" of business and commerce solutions, the analyst argues.</li><li>Mizuho initiated coverage of <b>GE HealthCare</b> (GEHC) with a Buy rating and $90 price target. The analyst says positive feedback from the firm's radiology survey points to pent-up demand for additional U.S. hospital imaging capacity. Positive checks from hospital surveys point toward a return to double-digit growth in imaging procedures, the analyst added.</li><li>DA Davidson initiated coverage of <b>Braze</b> (BRZE) with a Neutral rating and $34 price target. While stating they have "a very positive outlook" for Braze and view it as a leader in the emerging customer engagement software arena, the firm believes the possible rationalization of marketing budgets this year is a reason for "a little near term caution."</li><li>Morgan Stanley assumed coverage of<b> Zebra Technologies</b> (ZBRA) with an Equal Weight rating with a price target of $305, up from $260. The firm is increasing estimates to credit the company's Q1 beat, but still sees risks around growing macro caution and lingering supply chain issues.</li></ul></body></html>","source":"lsy1666364704704","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>Top Calls on Wall Street: DraftKings, Virgin Galactic, Coinbase 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\">\nTop Calls on Wall Street: DraftKings, Virgin Galactic, Coinbase and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-17 22:54 GMT+8 <a href=https://thefly.com/landingPageNews.php?id=3665490&headline=ROKU;FTI;DKNG;GOOS;AXON;SPCE;TXRH;WIX;KMB;COIN;GEHC;BRZE;ZBRA;UEIC;XP-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic><strong>TheFly</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Top 5 Upgrades:BofA upgraded Roku (ROKU) to Buy from Underperform with a price target of $85, up from $45. The company is performing better than the broader advertising market, which remains weak, as ...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=3665490&headline=ROKU;FTI;DKNG;GOOS;AXON;SPCE;TXRH;WIX;KMB;COIN;GEHC;BRZE;ZBRA;UEIC;XP-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc.","SPCE":"维珍银河","COIN":"Coinbase Global, Inc."},"source_url":"https://thefly.com/landingPageNews.php?id=3665490&headline=ROKU;FTI;DKNG;GOOS;AXON;SPCE;TXRH;WIX;KMB;COIN;GEHC;BRZE;ZBRA;UEIC;XP-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184653577","content_text":"Top 5 Upgrades:BofA upgraded Roku (ROKU) to Buy from Underperform with a price target of $85, up from $45. The company is performing better than the broader advertising market, which remains weak, as ad spending across some verticals is bottoming out, the analyst tells investors.Citi upgraded TechnipFMC (FTI) to Buy from Neutral with an $18 price target after taking over coverage of the name. The company's pricing leverage is improving given a consolidating sector and success of its integrated model and standardization strategy, the analyst tells investors.BTIG upgraded DraftKings (DKNG) to Buy from Neutral with a $24 price target. A divergence in player adoption and marketing cost trends has driven upside versus EBITDA expectations for DraftKings throughout 2022, and this pattern will persist in 2023, the analyst said.Wolfe Research upgraded Virgin Galactic (SPCE) to Peer Perform from Underperform without a price target. With WhiteKightTwo's return to flight, Virgin Galactic shares will \"likely link to a positive event path\" through June, the analyst tells investors.Compass Point upgraded Coinbase (COIN) to Buy from Neutral with a price target of $100, up from $75, after updating estimates ahead of the company's Q4 earnings report due on February 21. The firm believes Coinbase is well positioned to gain market share when the crypto bull market returns.Top 5 Downgrades:Evercore ISI downgraded Canada Goose (GOOS) to In Line from Outperform with a price target of $20, down from $25. The analyst views the company's new long-term financial targets, which promise to nearly triple sales to $3B in five years while taking EBIT margin from 19% currently to 30%, as \"needlessly aggressive.\"Raymond James downgraded Axon (AXON) to Outperform from Strong Buy with a $223 price target. Shares are up 130% from their lows in May 2022, and while execution has been nearly flawless during this period, the inevitability of mean reversion, decelerating growth off of a larger base and less room for multiple expansion leave the firm searching for a near-term positive catalyst.Stifel downgraded Texas Roadhouse (TXRH) to Hold from Buy with a price target of $105, down from $110. The analyst remains confident in the company's 2023 sales outlook and long-term unit growth prospects, but is less confident there is meaningful upside to its 2023 earnings per share estimate.B. Riley downgraded Universal Electronics (UEIC) to Neutral from Buy with a price target of $22, down from $29, following the Q4 miss. The company's legacy home entertainment segment has substantially accelerated the pace of decline, thereby deferring the growing home automation, security and hospitality segment's ability to begin to offset that decline, the analyst tells investors. The stock was also downgraded to Neutral from Buy at Rosenblatt.Credit Suisse downgraded XP Inc. (XP) to Underperform from Neutral with a price target of $15, down from $27, after the company's Q4 results missed expectations. The analyst believes it is time for a shift in strategy at the company, saying the results are \"very negative\" for shares given the large earnings decline.Top 5 Initiations:Citi initiated coverage of Kimberly-Clark (KMB) with a Sell rating and $120 price target. The analyst forecasts \"peer-low\" growth at Kimberly-Clark given its exposure to lower growth country/category combinations. The initiation was one of 16 companies in the U.S. beverages and household products and personal care space.Credit Suisse initiated coverage of Wix.com (WIX) with an Outperform rating and $105 price target. As a leading software-as-a-service content management system provider, Wix offers a compelling suite of no/low-code web development tools and has also built out a \"robust suite\" of business and commerce solutions, the analyst argues.Mizuho initiated coverage of GE HealthCare (GEHC) with a Buy rating and $90 price target. The analyst says positive feedback from the firm's radiology survey points to pent-up demand for additional U.S. hospital imaging capacity. Positive checks from hospital surveys point toward a return to double-digit growth in imaging procedures, the analyst added.DA Davidson initiated coverage of Braze (BRZE) with a Neutral rating and $34 price target. While stating they have \"a very positive outlook\" for Braze and view it as a leader in the emerging customer engagement software arena, the firm believes the possible rationalization of marketing budgets this year is a reason for \"a little near term caution.\"Morgan Stanley assumed coverage of Zebra Technologies (ZBRA) with an Equal Weight rating with a price target of $305, up from $260. The firm is increasing estimates to credit the company's Q1 beat, but still sees risks around growing macro caution and lingering supply chain issues.","news_type":1,"symbols_score_info":{"SPCE":0.9,"DKNG":0.9,"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":2552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869837384,"gmtCreate":1632271613848,"gmtModify":1676530739463,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Mmmmmm","listText":"Mmmmmm","text":"Mmmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/869837384","repostId":"2169324976","repostType":4,"repost":{"id":"2169324976","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":1632256994,"share":"https://ttm.financial/m/news/2169324976?lang=&edition=fundamental","pubTime":"2021-09-22 04:43","market":"us","language":"en","title":"Wall Street ends near flat on cautious note ahead of Fed","url":"https://stock-news.laohu8.com/highlight/detail?id=2169324976","media":"Reuters","summary":"NEW YORK, Sept 21 - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.Trading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.Shares of Walt Disney Co fell 4.2% and were the biggest drag on both the S&P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta var","content":"<p>NEW YORK, Sept 21 (Reuters) - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.</p>\n<p>Trading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.</p>\n<p>Shares of Walt Disney Co fell 4.2% and were the biggest drag on both the S&P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta variant of the coronavirus was delaying production of some of its titles.</p>\n<p>Investors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.</p>\n<p>Officials will reveal new projections as investors also are on alert for any timing on rate tightening.</p>\n<p>The Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40.</p>\n<p>S&P 500 industrials led losses among sectors.</p>\n<p>Adding to late-day bearishness, shares of American Airlines Group Inc and JetBlue Airways Corp fell after records in Boston federal court showed the United States and several U.S. states on Tuesday filed an antitrust lawsuit against the companies. American Airlines ended down 2.8% while JetBlue fell 4.8%.</p>\n<p>The S&P 500 index traded below its 50-day moving average, its first major breach in more than six months. The average has served as a floor for the index this year.</p>\n<p>Analysts say a breach of the index's 200-day moving average may now be in sight.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted no new 52-week highs and six new lows; the Nasdaq Composite recorded 41 new highs and 98 new lows.</p>\n<p>Volume on U.S. exchanges was 9.73 billion shares, compared with the 9.95 billion average for the full session 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>Wall Street ends near flat on cautious note ahead of Fed</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 Street ends near flat on cautious note ahead of Fed\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\">2021-09-22 04:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Sept 21 (Reuters) - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.</p>\n<p>Trading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.</p>\n<p>Shares of Walt Disney Co fell 4.2% and were the biggest drag on both the S&P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta variant of the coronavirus was delaying production of some of its titles.</p>\n<p>Investors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.</p>\n<p>Officials will reveal new projections as investors also are on alert for any timing on rate tightening.</p>\n<p>The Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40.</p>\n<p>S&P 500 industrials led losses among sectors.</p>\n<p>Adding to late-day bearishness, shares of American Airlines Group Inc and JetBlue Airways Corp fell after records in Boston federal court showed the United States and several U.S. states on Tuesday filed an antitrust lawsuit against the companies. American Airlines ended down 2.8% while JetBlue fell 4.8%.</p>\n<p>The S&P 500 index traded below its 50-day moving average, its first major breach in more than six months. The average has served as a floor for the index this year.</p>\n<p>Analysts say a breach of the index's 200-day moving average may now be in sight.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted no new 52-week highs and six new lows; the Nasdaq Composite recorded 41 new highs and 98 new lows.</p>\n<p>Volume on U.S. exchanges was 9.73 billion shares, compared with the 9.95 billion average for the full session over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","DDM":"2倍做多道指ETF-ProShares","OEX":"标普100","SPY":"标普500ETF","OEF":"标普100指数ETF-iShares","SDOW":"三倍做空道指30ETF-ProShares","DJX":"1/100道琼斯","UDOW":"三倍做多道指30ETF-ProShares","DOG":"道指ETF-ProShares做空","PSQ":"做空纳斯达克100指数ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares","SDS":"两倍做空标普500 ETF-ProShares","TQQQ":"纳指三倍做多ETF",".SPX":"S&P 500 Index","QQQ":"纳指100ETF","SQQQ":"纳指三倍做空ETF","SH":"做空标普500-Proshares",".IXIC":"NASDAQ Composite","IVV":"标普500ETF-iShares","SSO":"2倍做多标普500ETF-ProShares",".DJI":"道琼斯","SPXU":"三倍做空标普500ETF-ProShares","DXD":"两倍做空道琼30指数ETF-ProShares","QLD":"2倍做多纳斯达克100指数ETF-ProShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169324976","content_text":"NEW YORK, Sept 21 (Reuters) - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.\nTrading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.\nShares of Walt Disney Co fell 4.2% and were the biggest drag on both the S&P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta variant of the coronavirus was delaying production of some of its titles.\nInvestors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.\nOfficials will reveal new projections as investors also are on alert for any timing on rate tightening.\nThe Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40.\nS&P 500 industrials led losses among sectors.\nAdding to late-day bearishness, shares of American Airlines Group Inc and JetBlue Airways Corp fell after records in Boston federal court showed the United States and several U.S. states on Tuesday filed an antitrust lawsuit against the companies. American Airlines ended down 2.8% while JetBlue fell 4.8%.\nThe S&P 500 index traded below its 50-day moving average, its first major breach in more than six months. The average has served as a floor for the index this year.\nAnalysts say a breach of the index's 200-day moving average may now be in sight.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.\nThe S&P 500 posted no new 52-week highs and six new lows; the Nasdaq Composite recorded 41 new highs and 98 new lows.\nVolume on U.S. exchanges was 9.73 billion shares, compared with the 9.95 billion average for the full session over the last 20 trading days.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"QQQ":0.9,"QID":0.9,"DOG":0.9,"SSO":0.9,"OEX":0.9,"TQQQ":0.9,"UDOW":0.9,"DXD":0.9,"PSQ":0.9,"UPRO":0.9,"NQmain":0.9,"ESmain":0.9,"QLD":0.9,"OEF":0.9,"DDM":0.9,".SPX":0.9,"SH":0.9,"SPY":0.9,".IXIC":0.9,"SDOW":0.9,"SPXU":0.9,"DJX":0.9,"MNQmain":0.9,"SDS":0.9,"IVV":0.9,".DJI":0.9,"SQQQ":0.9}},"isVote":1,"tweetType":1,"viewCount":1170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805009379,"gmtCreate":1627816565791,"gmtModify":1703496233107,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Kk","listText":"Kk","text":"Kk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805009379","repostId":"1122171439","repostType":4,"isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143060590,"gmtCreate":1625752823510,"gmtModify":1703747864558,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Jobless","listText":"Jobless","text":"Jobless","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/143060590","repostId":"1162204971","repostType":4,"isVote":1,"tweetType":1,"viewCount":738,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940834747,"gmtCreate":1677804340190,"gmtModify":1677804344130,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Igboonivvivo","listText":"Igboonivvivo","text":"Igboonivvivo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940834747","repostId":"2316998348","repostType":4,"isVote":1,"tweetType":1,"viewCount":2389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839471768,"gmtCreate":1629177898654,"gmtModify":1676529955107,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"…..","listText":"…..","text":"…..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/839471768","repostId":"2160271020","repostType":4,"repost":{"id":"2160271020","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":1629176086,"share":"https://ttm.financial/m/news/2160271020?lang=&edition=fundamental","pubTime":"2021-08-17 12:54","market":"us","language":"en","title":"Oil prices pare earlier gains amid worries over COVID case spike","url":"https://stock-news.laohu8.com/highlight/detail?id=2160271020","media":"Reuters","summary":"* OPEC+ sees no need to meet U.S. call for more supply -sources\n* China refinery output falls to low","content":"<p>* OPEC+ sees no need to meet U.S. call for more supply -sources</p>\n<p>* China refinery output falls to lowest in 14 months</p>\n<p>* U.S. shale oil output to rise to highest since May 2020 -EIA</p>\n<p>TOKYO, Aug 17 (Reuters) - Oil prices were mixed on Tuesday, paring earlier gains, as expectations that major producers will not boost supply any time soon were offset by worries over slowing global fuel demand amid a spike in the Delta variant of coronavirus infections.</p>\n<p>Brent crude was down 2 cents at $69.49 a barrel as of 0410 GMT, after rising as high as $69.77 earlier in the session.</p>\n<p>U.S. West Intermediate crude edged 2 cents higher to $67.31 a barrel, after reaching $67.66 earlier.</p>\n<p>Brent slid 1.5% on Monday while WTI fell 1.7%.</p>\n<p>The prices recovered from the previous day's losses in early Asia trade after four sources told Reuters that OPEC+ - the Organization of the Petroleum Exporting Countries and its allies, including Russia - believes oil markets do not need more crude than they plan to release in the coming months, despite U.S. pressure to add supplies to check an oil price rise.</p>\n<p>Last week, U.S. President Joe Biden's administration urged the producer group to boost oil output to tackle rising gasoline prices that they see as a threat to the global economic recovery.</p>\n<p>But the market ran out of steam mid-session amid concerns over the resurgence in the COVID-19 pandemic.</p>\n<p>\"The overall market sentiment is weak,\" said Tetsu Emori, CEO of Emori Fund Management Inc.</p>\n<p>\"High fuel demand season in northern hemisphere summer is almost ending, while the spreading pandemic is delaying a recovery in global fuel demand,\" Emori said, predicting a continued bearish tone in the markets going forward.</p>\n<p>Worries over weaker demand in China, the world's biggest oil importer, grew on Monday after the nation's daily crude processing last month fell to the lowest since May 2020 as independent plants slashed production amid a tighter quotas, high inventories and weakening profits.</p>\n<p>China's factory output and retail sales growth also slowed sharply and missed expectations in July, as new COVID-19 outbreaks and floods disrupted business operations, adding to signs the economic recovery is losing momentum.</p>\n<p>Hedge funds sold petroleum last week for the sixth time in eight weeks as resurgent coronavirus infections in China, Europe and North America dampened hopes of a rapid resumption in long-distance passenger aviation.</p>\n<p>Still, the market shrugged off rising output in U.S. shale oil, Toshitaka Tazawa, an analyst at Fujitomi Securities Co Ltd said.</p>\n<p>U.S. shale oil output is expected to rise to 8.1 million barrels per day (bpd) in September, the highest since May 2020, according to the Energy Information Administration's monthly drilling productivity report on Monday.</p>\n<p>\"WTI has a support at around $65 and investors tend to look for bargains whenever the benchmark gets closer to the level as we have seen on Monday and last week,\" Tazawa said.</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>Oil prices pare earlier gains amid worries over COVID case spike</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{ 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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\">\nOil prices pare earlier gains amid worries over COVID case spike\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\">2021-08-17 12:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* OPEC+ sees no need to meet U.S. call for more supply -sources</p>\n<p>* China refinery output falls to lowest in 14 months</p>\n<p>* U.S. shale oil output to rise to highest since May 2020 -EIA</p>\n<p>TOKYO, Aug 17 (Reuters) - Oil prices were mixed on Tuesday, paring earlier gains, as expectations that major producers will not boost supply any time soon were offset by worries over slowing global fuel demand amid a spike in the Delta variant of coronavirus infections.</p>\n<p>Brent crude was down 2 cents at $69.49 a barrel as of 0410 GMT, after rising as high as $69.77 earlier in the session.</p>\n<p>U.S. West Intermediate crude edged 2 cents higher to $67.31 a barrel, after reaching $67.66 earlier.</p>\n<p>Brent slid 1.5% on Monday while WTI fell 1.7%.</p>\n<p>The prices recovered from the previous day's losses in early Asia trade after four sources told Reuters that OPEC+ - the Organization of the Petroleum Exporting Countries and its allies, including Russia - believes oil markets do not need more crude than they plan to release in the coming months, despite U.S. pressure to add supplies to check an oil price rise.</p>\n<p>Last week, U.S. President Joe Biden's administration urged the producer group to boost oil output to tackle rising gasoline prices that they see as a threat to the global economic recovery.</p>\n<p>But the market ran out of steam mid-session amid concerns over the resurgence in the COVID-19 pandemic.</p>\n<p>\"The overall market sentiment is weak,\" said Tetsu Emori, CEO of Emori Fund Management Inc.</p>\n<p>\"High fuel demand season in northern hemisphere summer is almost ending, while the spreading pandemic is delaying a recovery in global fuel demand,\" Emori said, predicting a continued bearish tone in the markets going forward.</p>\n<p>Worries over weaker demand in China, the world's biggest oil importer, grew on Monday after the nation's daily crude processing last month fell to the lowest since May 2020 as independent plants slashed production amid a tighter quotas, high inventories and weakening profits.</p>\n<p>China's factory output and retail sales growth also slowed sharply and missed expectations in July, as new COVID-19 outbreaks and floods disrupted business operations, adding to signs the economic recovery is losing momentum.</p>\n<p>Hedge funds sold petroleum last week for the sixth time in eight weeks as resurgent coronavirus infections in China, Europe and North America dampened hopes of a rapid resumption in long-distance passenger aviation.</p>\n<p>Still, the market shrugged off rising output in U.S. shale oil, Toshitaka Tazawa, an analyst at Fujitomi Securities Co Ltd said.</p>\n<p>U.S. shale oil output is expected to rise to 8.1 million barrels per day (bpd) in September, the highest since May 2020, according to the Energy Information Administration's monthly drilling productivity report on Monday.</p>\n<p>\"WTI has a support at around $65 and investors tend to look for bargains whenever the benchmark gets closer to the level as we have seen on Monday and last week,\" Tazawa said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DWT":"三倍做空原油ETN","DGAZ":"三倍做空天然气ETN(VelocityShares)","USO":"美国原油ETF","UNG":"美国天然气基金","DUG":"二倍做空石油与天然气ETF(ProShares)","DDG":"ProShares做空石油与天然气ETF","SCO":"二倍做空彭博原油指数ETF","UGAZ":"三倍做多天然气ETN(VelocityShares)","UCO":"二倍做多彭博原油ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160271020","content_text":"* OPEC+ sees no need to meet U.S. call for more supply -sources\n* China refinery output falls to lowest in 14 months\n* U.S. shale oil output to rise to highest since May 2020 -EIA\nTOKYO, Aug 17 (Reuters) - Oil prices were mixed on Tuesday, paring earlier gains, as expectations that major producers will not boost supply any time soon were offset by worries over slowing global fuel demand amid a spike in the Delta variant of coronavirus infections.\nBrent crude was down 2 cents at $69.49 a barrel as of 0410 GMT, after rising as high as $69.77 earlier in the session.\nU.S. West Intermediate crude edged 2 cents higher to $67.31 a barrel, after reaching $67.66 earlier.\nBrent slid 1.5% on Monday while WTI fell 1.7%.\nThe prices recovered from the previous day's losses in early Asia trade after four sources told Reuters that OPEC+ - the Organization of the Petroleum Exporting Countries and its allies, including Russia - believes oil markets do not need more crude than they plan to release in the coming months, despite U.S. pressure to add supplies to check an oil price rise.\nLast week, U.S. President Joe Biden's administration urged the producer group to boost oil output to tackle rising gasoline prices that they see as a threat to the global economic recovery.\nBut the market ran out of steam mid-session amid concerns over the resurgence in the COVID-19 pandemic.\n\"The overall market sentiment is weak,\" said Tetsu Emori, CEO of Emori Fund Management Inc.\n\"High fuel demand season in northern hemisphere summer is almost ending, while the spreading pandemic is delaying a recovery in global fuel demand,\" Emori said, predicting a continued bearish tone in the markets going forward.\nWorries over weaker demand in China, the world's biggest oil importer, grew on Monday after the nation's daily crude processing last month fell to the lowest since May 2020 as independent plants slashed production amid a tighter quotas, high inventories and weakening profits.\nChina's factory output and retail sales growth also slowed sharply and missed expectations in July, as new COVID-19 outbreaks and floods disrupted business operations, adding to signs the economic recovery is losing momentum.\nHedge funds sold petroleum last week for the sixth time in eight weeks as resurgent coronavirus infections in China, Europe and North America dampened hopes of a rapid resumption in long-distance passenger aviation.\nStill, the market shrugged off rising output in U.S. shale oil, Toshitaka Tazawa, an analyst at Fujitomi Securities Co Ltd said.\nU.S. shale oil output is expected to rise to 8.1 million barrels per day (bpd) in September, the highest since May 2020, according to the Energy Information Administration's monthly drilling productivity report on Monday.\n\"WTI has a support at around $65 and investors tend to look for bargains whenever the benchmark gets closer to the level as we have seen on Monday and last week,\" Tazawa said.","news_type":1,"symbols_score_info":{"DWT":0.9,"CLmain":0.9,"USO":0.9,"DGAZ":0.9,"DUG":0.9,"UGAZ":0.9,"UNG":0.9,"QGmain":0.9,"UCO":0.9,"BZmain":0.9,"NGmain":0.9,"QMmain":0.9,"SCO":0.9,"DDG":0.9}},"isVote":1,"tweetType":1,"viewCount":683,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839376366,"gmtCreate":1629124400955,"gmtModify":1676529939319,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839376366","repostId":"1137961734","repostType":4,"repost":{"id":"1137961734","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":1629122094,"share":"https://ttm.financial/m/news/1137961734?lang=&edition=fundamental","pubTime":"2021-08-16 21:54","market":"us","language":"en","title":"Apple shares reached record high at $150.59 in early trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1137961734","media":"Tiger Newspress","summary":"(Aug 16) Apple shares reached record high at $150.59 in early trading.","content":"<p>(Aug 16) Apple shares reached record high at $150.59 in early trading.</p>\n<p><img src=\"https://static.tigerbbs.com/b2b9a9a385ae4e2c77588a61ab15011b\" tg-width=\"1080\" tg-height=\"1868\" referrerpolicy=\"no-referrer\"></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>Apple shares reached record high at $150.59 in early trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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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\">\nApple shares reached record high at $150.59 in early trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-16 21:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Aug 16) Apple shares reached record high at $150.59 in early trading.</p>\n<p><img src=\"https://static.tigerbbs.com/b2b9a9a385ae4e2c77588a61ab15011b\" tg-width=\"1080\" tg-height=\"1868\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137961734","content_text":"(Aug 16) Apple shares reached record high at $150.59 in early trading.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839378429,"gmtCreate":1629124385761,"gmtModify":1676529939302,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"HaiZ","listText":"HaiZ","text":"HaiZ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/839378429","repostId":"1117885165","repostType":4,"repost":{"id":"1117885165","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":1629122790,"share":"https://ttm.financial/m/news/1117885165?lang=&edition=fundamental","pubTime":"2021-08-16 22:06","market":"other","language":"en","title":"Why are Americans shocked by Taliban’s rapid takeover? Here’s the answer","url":"https://stock-news.laohu8.com/highlight/detail?id=1117885165","media":"Tiger Newspress","summary":"Perhaps, 90% of American people know that the United States is engaged in war in Afghanistan, while ","content":"<p>Perhaps, 90% of American people know that the United States is engaged in war in Afghanistan, while less than 50% of Americans can tell that Afghanistan has helped Al Qaeda in the past, and only 17% of American teenagers can find out the location of Afghanistan on the map. Why does a country separated by half of the earth from the United States own such a high reputation in the minds of American people? The only reason is that every American president has said that he wants to end the war in Afghanistan.</p>\n<p>It was not Donald Trump, who was nominated for the Nobel Peace Prize, that ended the war in Afghanistan, but Biden. Biden chose to end the war in Afghanistan in the same way that the country ended the Vietnam War 60 years ago -- voluntarily withdrawing from the battlefield. After withdrawing from the Vietnam War, South Vietnam, supported by the United States, quickly lost the war. The Vietnam War was declared over, with the North and the South being reunified. The same is true today. The U.S.-backed Afghan government collapsed at an even faster rate. Coincidentally, the United States fought both wars for 20 years.</p>\n<p>Judging from the extensive coverage of major media in the United States, the incident has had a huge impact on the American elite. They cannot fully understand where their \"shock\" comes from, however. Here, 5 factors are summarized to illustrate it:</p>\n<p>1. It is beyond expectation that the well-equipped Afghan government forces could be defeated in just a few days.</p>\n<p>2. To their surprise, Biden insisted on withdrawing all US troops despite the military's opposition, leaving no one behind.</p>\n<p>3. It is unexpected that the $83 billion that was used by the United States to train and arm the local army in Afghanistan comes to naught.</p>\n<p>4. They cannot believe that the Afghan president who vowed to defend the capital the day before has quietly left Afghanistan a day later.</p>\n<p>5. They never thought that the democratic government that the United States has cultivated for 20 years has not received widespread support from the Afghan people.</p>\n<p><b>The last “shock”, without doubt, is the core.</b></p>\n<p>Similar cases occurred more than 70 years ago: the cities were encircled from the rural areas; the backward weapons defeated the advanced weapons of America; the army of ruling party was controlled by warlords; the army was corrupt… </p>\n<p>The US troops invaded Afghanistan in 2001 for Bin Laden who then was killed in 2011. The war had already been declared victory, but then the United States fell into a tug of war with an unknown purpose. On the one hand, the U.S. military cannot completely eliminate the Taliban; on the other hand, the U.S. military has always been intending to get away.</p>\n<p>According to Associated Press News, the estimated amount of direct Afghanistan and Iraq war costs that the United States has debt-financed as of 2020 is $2 trillion, the estimated interest costs by 2050 is up to $6.5 trillion, and the estimated amount that the United States has committed to pay in health care, disability, burial and other costs for roughly 4 million Afghanistan and Iraq veterans is more than $2 trillion.</p>\n<p>The only way the U.S. can think of is to establish the U.S. system in Afghanistan and train a modern military to protect the system.</p>\n<p>However, the Afghan government failed to learn the essence of the American system. Instead, it accuses the other party of cheating after the election. After the 2019 Afghan presidential election, the second-ranked candidate expressed election fraud, and the first and second places held their respective presidential inauguration ceremonies. Finally, under the intervention of the Trump administration, the first two candidates shared the power.</p>\n<p>The war in Afghanistan was initiated by Bush Jr., and the U.S. troops were withdrawn during Obama's term. Trump withdrew the troops further, and the person who made up his mind to complete the withdrawal was Biden. After Biden was elected at the end of last year, the Department of Defense of the United States was worried that Biden would order a complete withdrawal of troops from Afghanistan, so it kept lobbying Biden to retain at least a few thousand troops. Biden was completely unmoved, however. </p>\n<p>If the current Afghan government is unable to resist the Taliban, when can it? Even though the US military stays for another 10 years, and the situation in Afghanistan will not be changed. US intelligence agencies are inclined to cater to Biden, believing that even if the US forces are withdrawn, the Afghan government forces can guard the capital for at least 1.5 years. Looking at it now, the number 1.5 is correct, but the unit should be \"weeks\" instead of \"years.\"</p>\n<p>The pictures mostly reported by the Western media show that Afghans rushed onto the tarmac of the capital’s airport after Taliban’s takeover of the capital. But, it also can be seen from many other photos that the streets of the Afghan capital are still crowded with people, vehicles are constantly moving, and there is no riot or bloodshed throughout the city. </p>\n<p>Western media have always blamed corruption for the defeat of government forces. It can be considered that the U.S. system has not solved the problem of corruption in Afghanistan. No Western media would admit that today’s situation in Afghanistan is the result of the choice made by most people, which may suggest the failure of the implementation of the American system. </p>\n<p>It is worth noting that the Afghan people are not positive about the system of voting for the president. Afghanistan has a population of 38 million, with only 9.7 million registered voters. The number of voters in 2019 was only 1.6 million, which is far from that of the American people who voted at the risk of their lives during the coronavirus outbreak.</p>\n<p>During the 20-year war in Afghanistan, the United States has received a lot of help from Afghan people. Many local people acted as translators, drivers, engineers, etc. for the U.S. military. At present, the safety of these people is under threat, because the U.S. forces are leaving Afghanistan. Although the international community has been calling for it for a long time, the United States has made slow progress in immigration work for this group of people. Biden has been under great pressure, but it is still difficult to promote it. </p>\n<p>Generally speaking, the Afghan civilians who have helped the U.S. forces can be regarded as people who agree with American values, but the first batch of people to obtain immigrant visas waited until the end of July this year.</p>\n<p>If it is so difficult for the United States to recognize and accept Afghan people, then it is a pseudo-proposition to require Afghanistan to recognize the American system from the very beginning.</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>Why are Americans shocked by Taliban’s rapid takeover? Here’s the answer</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\">\nWhy are Americans shocked by Taliban’s rapid takeover? Here’s the answer\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-16 22:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Perhaps, 90% of American people know that the United States is engaged in war in Afghanistan, while less than 50% of Americans can tell that Afghanistan has helped Al Qaeda in the past, and only 17% of American teenagers can find out the location of Afghanistan on the map. Why does a country separated by half of the earth from the United States own such a high reputation in the minds of American people? The only reason is that every American president has said that he wants to end the war in Afghanistan.</p>\n<p>It was not Donald Trump, who was nominated for the Nobel Peace Prize, that ended the war in Afghanistan, but Biden. Biden chose to end the war in Afghanistan in the same way that the country ended the Vietnam War 60 years ago -- voluntarily withdrawing from the battlefield. After withdrawing from the Vietnam War, South Vietnam, supported by the United States, quickly lost the war. The Vietnam War was declared over, with the North and the South being reunified. The same is true today. The U.S.-backed Afghan government collapsed at an even faster rate. Coincidentally, the United States fought both wars for 20 years.</p>\n<p>Judging from the extensive coverage of major media in the United States, the incident has had a huge impact on the American elite. They cannot fully understand where their \"shock\" comes from, however. Here, 5 factors are summarized to illustrate it:</p>\n<p>1. It is beyond expectation that the well-equipped Afghan government forces could be defeated in just a few days.</p>\n<p>2. To their surprise, Biden insisted on withdrawing all US troops despite the military's opposition, leaving no one behind.</p>\n<p>3. It is unexpected that the $83 billion that was used by the United States to train and arm the local army in Afghanistan comes to naught.</p>\n<p>4. They cannot believe that the Afghan president who vowed to defend the capital the day before has quietly left Afghanistan a day later.</p>\n<p>5. They never thought that the democratic government that the United States has cultivated for 20 years has not received widespread support from the Afghan people.</p>\n<p><b>The last “shock”, without doubt, is the core.</b></p>\n<p>Similar cases occurred more than 70 years ago: the cities were encircled from the rural areas; the backward weapons defeated the advanced weapons of America; the army of ruling party was controlled by warlords; the army was corrupt… </p>\n<p>The US troops invaded Afghanistan in 2001 for Bin Laden who then was killed in 2011. The war had already been declared victory, but then the United States fell into a tug of war with an unknown purpose. On the one hand, the U.S. military cannot completely eliminate the Taliban; on the other hand, the U.S. military has always been intending to get away.</p>\n<p>According to Associated Press News, the estimated amount of direct Afghanistan and Iraq war costs that the United States has debt-financed as of 2020 is $2 trillion, the estimated interest costs by 2050 is up to $6.5 trillion, and the estimated amount that the United States has committed to pay in health care, disability, burial and other costs for roughly 4 million Afghanistan and Iraq veterans is more than $2 trillion.</p>\n<p>The only way the U.S. can think of is to establish the U.S. system in Afghanistan and train a modern military to protect the system.</p>\n<p>However, the Afghan government failed to learn the essence of the American system. Instead, it accuses the other party of cheating after the election. After the 2019 Afghan presidential election, the second-ranked candidate expressed election fraud, and the first and second places held their respective presidential inauguration ceremonies. Finally, under the intervention of the Trump administration, the first two candidates shared the power.</p>\n<p>The war in Afghanistan was initiated by Bush Jr., and the U.S. troops were withdrawn during Obama's term. Trump withdrew the troops further, and the person who made up his mind to complete the withdrawal was Biden. After Biden was elected at the end of last year, the Department of Defense of the United States was worried that Biden would order a complete withdrawal of troops from Afghanistan, so it kept lobbying Biden to retain at least a few thousand troops. Biden was completely unmoved, however. </p>\n<p>If the current Afghan government is unable to resist the Taliban, when can it? Even though the US military stays for another 10 years, and the situation in Afghanistan will not be changed. US intelligence agencies are inclined to cater to Biden, believing that even if the US forces are withdrawn, the Afghan government forces can guard the capital for at least 1.5 years. Looking at it now, the number 1.5 is correct, but the unit should be \"weeks\" instead of \"years.\"</p>\n<p>The pictures mostly reported by the Western media show that Afghans rushed onto the tarmac of the capital’s airport after Taliban’s takeover of the capital. But, it also can be seen from many other photos that the streets of the Afghan capital are still crowded with people, vehicles are constantly moving, and there is no riot or bloodshed throughout the city. </p>\n<p>Western media have always blamed corruption for the defeat of government forces. It can be considered that the U.S. system has not solved the problem of corruption in Afghanistan. No Western media would admit that today’s situation in Afghanistan is the result of the choice made by most people, which may suggest the failure of the implementation of the American system. </p>\n<p>It is worth noting that the Afghan people are not positive about the system of voting for the president. Afghanistan has a population of 38 million, with only 9.7 million registered voters. The number of voters in 2019 was only 1.6 million, which is far from that of the American people who voted at the risk of their lives during the coronavirus outbreak.</p>\n<p>During the 20-year war in Afghanistan, the United States has received a lot of help from Afghan people. Many local people acted as translators, drivers, engineers, etc. for the U.S. military. At present, the safety of these people is under threat, because the U.S. forces are leaving Afghanistan. Although the international community has been calling for it for a long time, the United States has made slow progress in immigration work for this group of people. Biden has been under great pressure, but it is still difficult to promote it. </p>\n<p>Generally speaking, the Afghan civilians who have helped the U.S. forces can be regarded as people who agree with American values, but the first batch of people to obtain immigrant visas waited until the end of July this year.</p>\n<p>If it is so difficult for the United States to recognize and accept Afghan people, then it is a pseudo-proposition to require Afghanistan to recognize the American system from the very beginning.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117885165","content_text":"Perhaps, 90% of American people know that the United States is engaged in war in Afghanistan, while less than 50% of Americans can tell that Afghanistan has helped Al Qaeda in the past, and only 17% of American teenagers can find out the location of Afghanistan on the map. Why does a country separated by half of the earth from the United States own such a high reputation in the minds of American people? The only reason is that every American president has said that he wants to end the war in Afghanistan.\nIt was not Donald Trump, who was nominated for the Nobel Peace Prize, that ended the war in Afghanistan, but Biden. Biden chose to end the war in Afghanistan in the same way that the country ended the Vietnam War 60 years ago -- voluntarily withdrawing from the battlefield. After withdrawing from the Vietnam War, South Vietnam, supported by the United States, quickly lost the war. The Vietnam War was declared over, with the North and the South being reunified. The same is true today. The U.S.-backed Afghan government collapsed at an even faster rate. Coincidentally, the United States fought both wars for 20 years.\nJudging from the extensive coverage of major media in the United States, the incident has had a huge impact on the American elite. They cannot fully understand where their \"shock\" comes from, however. Here, 5 factors are summarized to illustrate it:\n1. It is beyond expectation that the well-equipped Afghan government forces could be defeated in just a few days.\n2. To their surprise, Biden insisted on withdrawing all US troops despite the military's opposition, leaving no one behind.\n3. It is unexpected that the $83 billion that was used by the United States to train and arm the local army in Afghanistan comes to naught.\n4. They cannot believe that the Afghan president who vowed to defend the capital the day before has quietly left Afghanistan a day later.\n5. They never thought that the democratic government that the United States has cultivated for 20 years has not received widespread support from the Afghan people.\nThe last “shock”, without doubt, is the core.\nSimilar cases occurred more than 70 years ago: the cities were encircled from the rural areas; the backward weapons defeated the advanced weapons of America; the army of ruling party was controlled by warlords; the army was corrupt… \nThe US troops invaded Afghanistan in 2001 for Bin Laden who then was killed in 2011. The war had already been declared victory, but then the United States fell into a tug of war with an unknown purpose. On the one hand, the U.S. military cannot completely eliminate the Taliban; on the other hand, the U.S. military has always been intending to get away.\nAccording to Associated Press News, the estimated amount of direct Afghanistan and Iraq war costs that the United States has debt-financed as of 2020 is $2 trillion, the estimated interest costs by 2050 is up to $6.5 trillion, and the estimated amount that the United States has committed to pay in health care, disability, burial and other costs for roughly 4 million Afghanistan and Iraq veterans is more than $2 trillion.\nThe only way the U.S. can think of is to establish the U.S. system in Afghanistan and train a modern military to protect the system.\nHowever, the Afghan government failed to learn the essence of the American system. Instead, it accuses the other party of cheating after the election. After the 2019 Afghan presidential election, the second-ranked candidate expressed election fraud, and the first and second places held their respective presidential inauguration ceremonies. Finally, under the intervention of the Trump administration, the first two candidates shared the power.\nThe war in Afghanistan was initiated by Bush Jr., and the U.S. troops were withdrawn during Obama's term. Trump withdrew the troops further, and the person who made up his mind to complete the withdrawal was Biden. After Biden was elected at the end of last year, the Department of Defense of the United States was worried that Biden would order a complete withdrawal of troops from Afghanistan, so it kept lobbying Biden to retain at least a few thousand troops. Biden was completely unmoved, however. \nIf the current Afghan government is unable to resist the Taliban, when can it? Even though the US military stays for another 10 years, and the situation in Afghanistan will not be changed. US intelligence agencies are inclined to cater to Biden, believing that even if the US forces are withdrawn, the Afghan government forces can guard the capital for at least 1.5 years. Looking at it now, the number 1.5 is correct, but the unit should be \"weeks\" instead of \"years.\"\nThe pictures mostly reported by the Western media show that Afghans rushed onto the tarmac of the capital’s airport after Taliban’s takeover of the capital. But, it also can be seen from many other photos that the streets of the Afghan capital are still crowded with people, vehicles are constantly moving, and there is no riot or bloodshed throughout the city. \nWestern media have always blamed corruption for the defeat of government forces. It can be considered that the U.S. system has not solved the problem of corruption in Afghanistan. No Western media would admit that today’s situation in Afghanistan is the result of the choice made by most people, which may suggest the failure of the implementation of the American system. \nIt is worth noting that the Afghan people are not positive about the system of voting for the president. Afghanistan has a population of 38 million, with only 9.7 million registered voters. The number of voters in 2019 was only 1.6 million, which is far from that of the American people who voted at the risk of their lives during the coronavirus outbreak.\nDuring the 20-year war in Afghanistan, the United States has received a lot of help from Afghan people. Many local people acted as translators, drivers, engineers, etc. for the U.S. military. At present, the safety of these people is under threat, because the U.S. forces are leaving Afghanistan. Although the international community has been calling for it for a long time, the United States has made slow progress in immigration work for this group of people. Biden has been under great pressure, but it is still difficult to promote it. \nGenerally speaking, the Afghan civilians who have helped the U.S. forces can be regarded as people who agree with American values, but the first batch of people to obtain immigrant visas waited until the end of July this year.\nIf it is so difficult for the United States to recognize and accept Afghan people, then it is a pseudo-proposition to require Afghanistan to recognize the American system from the very beginning.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":544,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140267298,"gmtCreate":1625662655614,"gmtModify":1703745862466,"author":{"id":"4087962553382210","authorId":"4087962553382210","name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087962553382210","idStr":"4087962553382210"},"themes":[],"htmlText":"Let’s do it","listText":"Let’s do it","text":"Let’s do it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/140267298","repostId":"2149392711","repostType":4,"isVote":1,"tweetType":1,"viewCount":613,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}