Shirley Soh personal page - To The Moon

Shirley Soh

Shirley Soh

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05-11

$Tiger Brokers(TIGR)$

04-14

$Tiger Brokers(TIGR)$ I used to give away my money many years back but after learning from mistakes nowadays accumulating my profits especially from the US market. Try not to be greedy and take profits when market up and buy again when down.

03-31

$Nasdaq100 Bull 3X ETF(TQQQ)$

2023-12-01

Healthy body is most important , loved by everyone and have good luck entire life

@TigerEvents:[Game] Choose Your Top 3 Dreams🌟🌟

2023-03-30

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Even Alibaba Will Have a Favorite Child or Two

2023-03-30

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Alibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong IPO

2023-03-28

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Tesla's Delivery Data Are Coming Soon. This Number Could Lift the Stock

2023-03-27

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5 Penny Stocks to Buy for 5X Returns

2023-03-27

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2023-03-26

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Is It Too Late to Buy Microsoft Stock?

2023-03-26

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2023-03-25

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These 3 AI Stocks Could Outperform the S&P 500 in a Bull Market

2023-03-24

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US STOCKS-Wall St Ends Higher As Yellen Vows Actions to Safeguard Deposits

2023-03-24

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Singapore Push for All-EV Future Faces a Love of Crazy, Rich Combustion

2023-03-22

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US STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus

2023-03-21

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US STOCKS-Wall St Ends Higher As Bank Contagion Fears Ease, Fed Eyed

2023-03-20

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How Scandal and Mistrust Ended Credit Suisse’s 166-Year History

2023-03-17

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2023-03-16

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Dow Falls 500 Points as Credit Suisse Adds Pressure to Already Troubled Banking Sector

2023-03-16

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Top Calls on Wall Street: Charles Schwab, Western Alliance, Harley-Davidson and More

Go to Tiger App to see more news

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Try not to be greedy and take profits when market up and buy again when down.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/295054293016728","isVote":1,"tweetType":1,"viewCount":893,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4171900329979952","authorId":"4171900329979952","name":"Barcode","avatar":"https://community-static.tradeup.com/news/6688d8fb4c2a255e3b901e79755e56df","crmLevel":1,"crmLevelSwitch":0,"idStr":"4171900329979952","authorIdStr":"4171900329979952"},"content":"You’re so right and many people get caught by being too greedy 😊","text":"You’re so right and many people get caught by being too greedy 😊","html":"You’re so right and many people get caught by being too greedy 😊"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":290257328095528,"gmtCreate":1711870229704,"gmtModify":1711870234078,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TQQQ\">$Nasdaq100 Bull 3X ETF(TQQQ)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/TQQQ\">$Nasdaq100 Bull 3X ETF(TQQQ)$ </a>&nbsp;","text":"$Nasdaq100 Bull 3X ETF(TQQQ)$","images":[{"img":"https://community-static.tradeup.com/news/708cbfa0533ee464572541119cba5976","width":"906","height":"1406"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/290257328095528","isVote":1,"tweetType":1,"viewCount":565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":247397782515800,"gmtCreate":1701437769744,"gmtModify":1701441596295,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Healthy body is most important ,&nbsp; loved by everyone and have good luck entire life","listText":"Healthy body is most important ,&nbsp; loved by everyone and have good luck entire life","text":"Healthy body is most important , loved by everyone and have good luck entire life","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/247397782515800","repostId":"247313680224376","repostType":1,"repost":{"id":247313680224376,"gmtCreate":1701416351262,"gmtModify":1701416494339,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"[Game] Choose Your Top 3 Dreams🌟🌟","htmlText":"Today is Friday, so it's time for Tiger Friday game! 🌴🥥We prepare coins and gifts for you to participate in our game. Pick your top three dreams Express the allure of your chosen dreams uniquely in the comments. Don't forget to tag your friends and bring them into this magnificent dream gala! 🌟🔍How to participate?Feel free to leave a comment in the comment section explaining your choice and why.🏆 Events Prizes:All Tigers who leave a comment in this post will receive 5 Tiger Coins.💰💰💰One Tigers will receive 100 coins for the comments that are the most popular and most discussed. (Invite your friends to take part.)In addition, you get a chance to win a surprise Gift🐯🐯🐯🐯⏰Event Duration1December 2023-8 December 2023Tag your friends to join the game, and win coins together!💵💵💵","listText":"Today is Friday, so it's time for Tiger Friday game! 🌴🥥We prepare coins and gifts for you to participate in our game. Pick your top three dreams Express the allure of your chosen dreams uniquely in the comments. Don't forget to tag your friends and bring them into this magnificent dream gala! 🌟🔍How to participate?Feel free to leave a comment in the comment section explaining your choice and why.🏆 Events Prizes:All Tigers who leave a comment in this post will receive 5 Tiger Coins.💰💰💰One Tigers will receive 100 coins for the comments that are the most popular and most discussed. (Invite your friends to take part.)In addition, you get a chance to win a surprise Gift🐯🐯🐯🐯⏰Event Duration1December 2023-8 December 2023Tag your friends to join the game, and win coins together!💵💵💵","text":"Today is Friday, so it's time for Tiger Friday game! 🌴🥥We prepare coins and gifts for you to participate in our game. Pick your top three dreams Express the allure of your chosen dreams uniquely in the comments. Don't forget to tag your friends and bring them into this magnificent dream gala! 🌟🔍How to participate?Feel free to leave a comment in the comment section explaining your choice and why.🏆 Events Prizes:All Tigers who leave a comment in this post will receive 5 Tiger Coins.💰💰💰One Tigers will receive 100 coins for the comments that are the most popular and most discussed. (Invite your friends to take part.)In addition, you get a chance to win a surprise Gift🐯🐯🐯🐯⏰Event Duration1December 2023-8 December 2023Tag your friends to join the game, and win coins together!💵💵💵","images":[{"img":"https://community-static.tradeup.com/news/9bcf61a9fd0addd282d2ae2a133361ae","width":"1545","height":"2000"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/247313680224376","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":729,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941630398,"gmtCreate":1680182688614,"gmtModify":1680182693542,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941630398","repostId":"1160443789","repostType":4,"repost":{"id":"1160443789","kind":"news","pubTimestamp":1680167179,"share":"https://ttm.financial/m/news/1160443789?lang=&edition=fundamental","pubTime":"2023-03-30 17:06","market":"us","language":"en","title":"Even Alibaba Will Have a Favorite Child or Two","url":"https://stock-news.laohu8.com/highlight/detail?id=1160443789","media":"Bloomberg","summary":"Two days after the surprise announcement that it will split into six units, Alibaba Group Holding Lt","content":"<html><head></head><body><p>Two days after the surprise announcement that it will split into six units, <a href=\"https://laohu8.com/S/BABA\">Alibaba Group Holding Ltd.</a> is still not giving much away about how this new business will operate. Yet its track record and early comments indicate that some of these Baby Babas will be more highly prized than others.</p><p>Only Chief Executive Officer Daniel Zhang and Chief Financial Officer Toby Xu spoke on a conference call Thursday, and it lasted just 30 minutes. That none of the new business heads joined to outline their vision was a disappointment.</p><p>What we did learn is that the break up will be immediate. Alibaba’s financial year commences on April 1, Zhang said, which helps explain the timing of the announcement and gives meaning to the word “Holding” in the company’s name. Going forward, it will comprise: Taobao Tmall Commerce, Global Digital Commerce, Local Services, Cainiao Smart Logistics, Cloud Intelligence and Digital Media &amp; Entertainment.</p><p>Taobao Tmall is the only one excluded from the freedom each group will now have to spin off and IPO independently. Taobao is the crown jewel, accounting for 67% of revenue and more than 100% of its operating profit. That latter figure is not a typo; every other business burns money, with Cainiao the smallest loser.</p><h3>A Huge Difference Between Big &amp; Small</h3><p>Alibaba&#39;s children vary greatly in size and contribution, with local commerce the major driver.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b36aea7d3eef956e53b4600fdde21165\" tg-width=\"735\" tg-height=\"448\"/></p><p>Zhang believes the synergies across divisions will remain. This pronouncement seems heartening, on the one hand, yet confusing and unworkable on the other. Alibaba benefits from the ability to send users from its shopping platform to the logistics service, leverage its China business to build an overseas presence, use media and entertainment as a lure for customers, and run it all on a single cloud provider. </p><p>How this can continue once each is independently run will determine the future value of both Alibaba Group and these divisions. Keeping that interconnection will also remain an antitrust risk, a concern that was likely one of the sparks for this breakup in the first place.</p><h3>Alibaba&#39;s One-Hit Wonder</h3><p>Just one division is profitable. Everything else drags on earnings.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/11be256371e559ba59a6481bc90d6076\" tg-width=\"728\" tg-height=\"502\"/></p><p>“There are very stable cooperative relations across businesses, they serve one another, they work together,” Zhang said. All of Alibaba’s businesses are on Alibaba Cloud, for example, “and that’s created a lot of efficiency, including lower cost.” It’s notable that after the split, Zhang will be head of the new Cloud Intelligence business, in addition to his ongoing role atop the group.</p><p>That reliance on cross-company relations ought to serve as a red flag to investors. It’s one thing to benefit from synergistic efficiencies, but it’s altogether another matter if business leaders are then handcuffed to vendors within the group. The Cloud unit lost 4.2 billion yuan ($609 million) in the nine months to Dec. 31. It’s not a stretch to imagine that this business is pricing its services at a favorable rate so that others in the group, such as the loss-making entertainment division, can lower costs. </p><p>Conversely, the cloud unit gets a huge benefit by having the rest of the conglomerate send their business its way, instead of choosing alternative vendors. Investors need to consider what might happen if each group was given the freedom to choose another cloud provider, including from arch rival Tencent Holdings Ltd. If, for example, Alibaba’s cloud service is not priced at a favorable rate then there’d be every incentive to go into the market to shop for a better deal.</p><p>This interconnection may also be skewing the business model and financial results of those smaller units. Taobao Tmall is the cash cow, and everyone else feeds off it in one way or another.</p><p>Like many companies, Alibaba likes to play up non-standard earnings metrics to make the case that some divisions aren’t really losers after all. This is particularly relevant for Alibaba Cloud, where they also present a metric that strips out the cost of share-based compensation and amortization of goodwill. On that basis, the cloud business looks profitable. But let’s not be fooled. Paying employees is not some optional expense that can be removed just because a portion of that compensation is given as shares.</p><p>In fact, a closer look at this single data point reveals just how much Alibaba leans on equity as a way to pay staff while minimizing the drain on cash, a common tactic deployed to lure talent in a particularly competitive sector. Share-based salary stands at around 9% of revenue, compared to just 1.44% for the hugely lucrative Taobao Tmall, which enjoys 30% operating margins. Removing this line item will likely make the future Cloud Intelligence Group cash-flow positive, but that doesn’t mean it’s wildly profitable, or will be anytime soon.</p><h3>Head in the Clouds</h3><p>Alibaba&#39;s Cloud division pays a much higher rate of share-based compensation, an indication that the battle for talent is tougher in this division.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/52263d507ce8246239a5cf7eefc11e24\" tg-width=\"743\" tg-height=\"559\"/></p><p>This break up, if it includes IPOs of individual divisions, makes share-based compensation even more relevant. Employees, who are the key to success in a services business like Alibaba’s, will likely have their salaries more closely tied to the fortunes of the individual unit, rather than the profitable group. If the value of those shares and options fall, then staff may start looking elsewhere.</p><p>The problem will be particularly acute in divisions where equity is a larger part of the pay packet. That then incentivizes the holding company — the controlling shareholder for the foreseeable future — to look favorably upon some divisions at the expense of others. This is common in families with many siblings, but it’s no way to run a business.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Even Alibaba Will Have a Favorite Child or Two</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\">\nEven Alibaba Will Have a Favorite Child or Two\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-30 17:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2023-03-30/alibaba-the-split-should-raise-a-red-flag-to-investors><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two days after the surprise announcement that it will split into six units, Alibaba Group Holding Ltd. is still not giving much away about how this new business will operate. Yet its track record and ...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2023-03-30/alibaba-the-split-should-raise-a-red-flag-to-investors\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://www.bloomberg.com/opinion/articles/2023-03-30/alibaba-the-split-should-raise-a-red-flag-to-investors","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160443789","content_text":"Two days after the surprise announcement that it will split into six units, Alibaba Group Holding Ltd. is still not giving much away about how this new business will operate. Yet its track record and early comments indicate that some of these Baby Babas will be more highly prized than others.Only Chief Executive Officer Daniel Zhang and Chief Financial Officer Toby Xu spoke on a conference call Thursday, and it lasted just 30 minutes. That none of the new business heads joined to outline their vision was a disappointment.What we did learn is that the break up will be immediate. Alibaba’s financial year commences on April 1, Zhang said, which helps explain the timing of the announcement and gives meaning to the word “Holding” in the company’s name. Going forward, it will comprise: Taobao Tmall Commerce, Global Digital Commerce, Local Services, Cainiao Smart Logistics, Cloud Intelligence and Digital Media & Entertainment.Taobao Tmall is the only one excluded from the freedom each group will now have to spin off and IPO independently. Taobao is the crown jewel, accounting for 67% of revenue and more than 100% of its operating profit. That latter figure is not a typo; every other business burns money, with Cainiao the smallest loser.A Huge Difference Between Big & SmallAlibaba's children vary greatly in size and contribution, with local commerce the major driver.Zhang believes the synergies across divisions will remain. This pronouncement seems heartening, on the one hand, yet confusing and unworkable on the other. Alibaba benefits from the ability to send users from its shopping platform to the logistics service, leverage its China business to build an overseas presence, use media and entertainment as a lure for customers, and run it all on a single cloud provider. How this can continue once each is independently run will determine the future value of both Alibaba Group and these divisions. Keeping that interconnection will also remain an antitrust risk, a concern that was likely one of the sparks for this breakup in the first place.Alibaba's One-Hit WonderJust one division is profitable. Everything else drags on earnings.“There are very stable cooperative relations across businesses, they serve one another, they work together,” Zhang said. All of Alibaba’s businesses are on Alibaba Cloud, for example, “and that’s created a lot of efficiency, including lower cost.” It’s notable that after the split, Zhang will be head of the new Cloud Intelligence business, in addition to his ongoing role atop the group.That reliance on cross-company relations ought to serve as a red flag to investors. It’s one thing to benefit from synergistic efficiencies, but it’s altogether another matter if business leaders are then handcuffed to vendors within the group. The Cloud unit lost 4.2 billion yuan ($609 million) in the nine months to Dec. 31. It’s not a stretch to imagine that this business is pricing its services at a favorable rate so that others in the group, such as the loss-making entertainment division, can lower costs. Conversely, the cloud unit gets a huge benefit by having the rest of the conglomerate send their business its way, instead of choosing alternative vendors. Investors need to consider what might happen if each group was given the freedom to choose another cloud provider, including from arch rival Tencent Holdings Ltd. If, for example, Alibaba’s cloud service is not priced at a favorable rate then there’d be every incentive to go into the market to shop for a better deal.This interconnection may also be skewing the business model and financial results of those smaller units. Taobao Tmall is the cash cow, and everyone else feeds off it in one way or another.Like many companies, Alibaba likes to play up non-standard earnings metrics to make the case that some divisions aren’t really losers after all. This is particularly relevant for Alibaba Cloud, where they also present a metric that strips out the cost of share-based compensation and amortization of goodwill. On that basis, the cloud business looks profitable. But let’s not be fooled. Paying employees is not some optional expense that can be removed just because a portion of that compensation is given as shares.In fact, a closer look at this single data point reveals just how much Alibaba leans on equity as a way to pay staff while minimizing the drain on cash, a common tactic deployed to lure talent in a particularly competitive sector. Share-based salary stands at around 9% of revenue, compared to just 1.44% for the hugely lucrative Taobao Tmall, which enjoys 30% operating margins. Removing this line item will likely make the future Cloud Intelligence Group cash-flow positive, but that doesn’t mean it’s wildly profitable, or will be anytime soon.Head in the CloudsAlibaba's Cloud division pays a much higher rate of share-based compensation, an indication that the battle for talent is tougher in this division.This break up, if it includes IPOs of individual divisions, makes share-based compensation even more relevant. Employees, who are the key to success in a services business like Alibaba’s, will likely have their salaries more closely tied to the fortunes of the individual unit, rather than the profitable group. If the value of those shares and options fall, then staff may start looking elsewhere.The problem will be particularly acute in divisions where equity is a larger part of the pay packet. That then incentivizes the holding company — the controlling shareholder for the foreseeable future — to look favorably upon some divisions at the expense of others. This is common in families with many siblings, but it’s no way to run a business.","news_type":1},"isVote":1,"tweetType":1,"viewCount":606,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941630994,"gmtCreate":1680182645618,"gmtModify":1680182649263,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941630994","repostId":"1121093092","repostType":4,"repost":{"id":"1121093092","kind":"news","pubTimestamp":1680179447,"share":"https://ttm.financial/m/news/1121093092?lang=&edition=fundamental","pubTime":"2023-03-30 20:30","market":"us","language":"en","title":"Alibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1121093092","media":"Bloomberg","summary":"CICC, Citi are working with Cainiao on potential share saleA listing could happen as soon as end of ","content":"<html><head></head><body><ul><li><p>CICC, Citi are working with Cainiao on potential share sale</p></li><li><p>A listing could happen as soon as end of 2023, people say</p></li></ul><p>Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has started preparations with banks for its Hong Kong initial public offering, people familiar with the matter said, paving way to be the first of the Chinese tech firm’s six business units to go public.</p><p>Banks including China International Capital Corp. and Citigroup Inc. are working with the company to prepare for the first-time share sale, the people said. The firm is targeting a listing as soon as the end of this year, said one of the people, asking not to be identified as the information is private. Cainiao is currently valued at more than $20 billion, the people said.</p><p>Cainiao hasn’t decided on the IPO size, while the timeline is still subject to changes depending on market conditions, the people said. A representative for Cainiao said the company doesn’t have a clear plan and timeline for an IPO. A representative for Citigroup declined to comment, while a representative for CICC didn’t immediately respond to requests for comment.</p><p>Alibaba this week unveiled plans to split its $250 billion business into six main units encompassing e-commerce, media and the cloud. Each business will explore fundraising or IPO at an appropriate time. The tech mammoth will consider gradually giving up control of some of its main businesses, Alibaba Chief Executive Officer Daniel Zhang said on a conference call on Thursday, but declined to specify a timeline for any IPOs.</p><p>Cainiao, which means rookie or amateur in Chinese, promises to deliver packages in China within 24 hours and anywhere else in the world in 72 hours, according to its website. It directly operated nine overseas sorting centers and partnered with more than 500 logistics companies globally as of March 2022.</p><p>The Alibaba arm’s revenue, after inter-segment elimination, rose 27% on a year-on-year basis to 16.6 billion yuan ($2.4 billion) for the three months ended Dec. 31, according to a statement last month. Upgrades in consumer logistics services and international fulfillment solutions contributed to the growth.</p><p>Alibaba gained 1.95% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/91e88fe07d05a4e4ad09da3e342406d1\" title=\"\" tg-width=\"783\" tg-height=\"629\"/></p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-30 20:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-30/alibaba-s-20-billion-logistics-arm-said-to-gear-up-for-hk-ipo?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CICC, Citi are working with Cainiao on potential share saleA listing could happen as soon as end of 2023, people sayCainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-30/alibaba-s-20-billion-logistics-arm-said-to-gear-up-for-hk-ipo?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-30/alibaba-s-20-billion-logistics-arm-said-to-gear-up-for-hk-ipo?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121093092","content_text":"CICC, Citi are working with Cainiao on potential share saleA listing could happen as soon as end of 2023, people sayCainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has started preparations with banks for its Hong Kong initial public offering, people familiar with the matter said, paving way to be the first of the Chinese tech firm’s six business units to go public.Banks including China International Capital Corp. and Citigroup Inc. are working with the company to prepare for the first-time share sale, the people said. The firm is targeting a listing as soon as the end of this year, said one of the people, asking not to be identified as the information is private. Cainiao is currently valued at more than $20 billion, the people said.Cainiao hasn’t decided on the IPO size, while the timeline is still subject to changes depending on market conditions, the people said. A representative for Cainiao said the company doesn’t have a clear plan and timeline for an IPO. A representative for Citigroup declined to comment, while a representative for CICC didn’t immediately respond to requests for comment.Alibaba this week unveiled plans to split its $250 billion business into six main units encompassing e-commerce, media and the cloud. Each business will explore fundraising or IPO at an appropriate time. The tech mammoth will consider gradually giving up control of some of its main businesses, Alibaba Chief Executive Officer Daniel Zhang said on a conference call on Thursday, but declined to specify a timeline for any IPOs.Cainiao, which means rookie or amateur in Chinese, promises to deliver packages in China within 24 hours and anywhere else in the world in 72 hours, according to its website. It directly operated nine overseas sorting centers and partnered with more than 500 logistics companies globally as of March 2022.The Alibaba arm’s revenue, after inter-segment elimination, rose 27% on a year-on-year basis to 16.6 billion yuan ($2.4 billion) for the three months ended Dec. 31, according to a statement last month. Upgrades in consumer logistics services and international fulfillment solutions contributed to the growth.Alibaba gained 1.95% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941396978,"gmtCreate":1679958996495,"gmtModify":1679959000160,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941396978","repostId":"2322422523","repostType":4,"repost":{"id":"2322422523","kind":"highlight","pubTimestamp":1679931725,"share":"https://ttm.financial/m/news/2322422523?lang=&edition=fundamental","pubTime":"2023-03-27 23:42","market":"us","language":"en","title":"Tesla's Delivery Data Are Coming Soon. This Number Could Lift the Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2322422523","media":"MarketWatch","summary":"The next hot-button topic for bulls and bears on Tesla stock is deliveries for the first quarter. Th","content":"<html><head></head><body><p>The next hot-button topic for bulls and bears on Tesla stock is deliveries for the first quarter. The numbers are due this weekend.</p><p>It will be the first time Tesla will report delivery numbers since it slashed vehicle prices around the globe early this year. CEO Elon Musk said on the company’s fourth-quarter earnings conference call that “demand far exceeds production” and “we currently are seeing orders at almost twice the rate of production.”</p><p>The improvement in demand is a big reason that Tesla stock was up about 55% year to date, coming into Monday trading.</p><p>Tesla typically reports its quarterly delivery figures on the second day of the month. That will be Sunday if the pattern holds.</p><p>Wall Street is expecting the data to show about 420,000 units were delivered in the first quarter of 2023, up from about 405,000 in the fourth quarter of 2022.</p><p>That implies growth of about 4% from the prior quarter and about 35% compared with the roughly 310,000 vehicles delivered in the first quarter of 2022.</p><p>Barclays analyst Dan Levy believes Tesla will beat the consensus call of 420,000 vehicles and delivery roughly 425,000 cars. That would be enough to give the stock a boost, according to Levy.</p><p>He rates the shares at Buy and has a target of $275 for the price. Citi analyst Itay Michaeli has a Hold rating on shares, but raised his price target to $196 from $146 on Monday.</p><p>Recent data points, such as Chinese auto registration data, have been encouraging, wrote Michaeli. Registrations for Tesla vehicles in China, one proxy for demand in that country, have grown for four consecutive weeks.</p><p>Tesla also exports cars to Europe from its Chinese plant, so predicting total sales from Tesla’s Chinese plant in Shanghai is any given quarter is difficult.</p><p>Tesla’s Shanghai plant produced about 140,000 units in January and February combined. About 61,000 were delivered domestically with the rest exported. Tesla also makes vehicles in Fremont, Calif.; Austin, Texas; and Germany.</p><p>Not surprisingly, Tesla stock typically reacts better when deliveries exceed forecasts than when they fall short. Shares dropped about 12% on the first trading day of 2023 after fourth-quarter deliveries missed expectations. Wall Street was looking for about 420,000 units, roughly 15,000 more than the actual total.</p><p>Shares quickly recovered, however, and were at about $144 before Tesla reported its fourth-quarter numbers on Jan. 25. Tesla stock closed out 2022 at $123.18 a share and dropped to $108.10 after the delivery disappointment.</p><p>Tesla stock was up 2.1% in early trading at about $194.39. The S&amp;P 500  and Nasdaq Composite rose about 0.5% and 0.3%, respectively.</p></body></html>","source":"mwatch_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla's Delivery Data Are Coming Soon. This Number Could Lift the Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla's Delivery Data Are Coming Soon. This Number Could Lift the Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-27 23:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/teslas-stock-deliveries-what-to-expect-9a9c5148?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The next hot-button topic for bulls and bears on Tesla stock is deliveries for the first quarter. The numbers are due this weekend.It will be the first time Tesla will report delivery numbers since it...</p>\n\n<a href=\"https://www.marketwatch.com/articles/teslas-stock-deliveries-what-to-expect-9a9c5148?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/articles/teslas-stock-deliveries-what-to-expect-9a9c5148?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2322422523","content_text":"The next hot-button topic for bulls and bears on Tesla stock is deliveries for the first quarter. The numbers are due this weekend.It will be the first time Tesla will report delivery numbers since it slashed vehicle prices around the globe early this year. CEO Elon Musk said on the company’s fourth-quarter earnings conference call that “demand far exceeds production” and “we currently are seeing orders at almost twice the rate of production.”The improvement in demand is a big reason that Tesla stock was up about 55% year to date, coming into Monday trading.Tesla typically reports its quarterly delivery figures on the second day of the month. That will be Sunday if the pattern holds.Wall Street is expecting the data to show about 420,000 units were delivered in the first quarter of 2023, up from about 405,000 in the fourth quarter of 2022.That implies growth of about 4% from the prior quarter and about 35% compared with the roughly 310,000 vehicles delivered in the first quarter of 2022.Barclays analyst Dan Levy believes Tesla will beat the consensus call of 420,000 vehicles and delivery roughly 425,000 cars. That would be enough to give the stock a boost, according to Levy.He rates the shares at Buy and has a target of $275 for the price. Citi analyst Itay Michaeli has a Hold rating on shares, but raised his price target to $196 from $146 on Monday.Recent data points, such as Chinese auto registration data, have been encouraging, wrote Michaeli. Registrations for Tesla vehicles in China, one proxy for demand in that country, have grown for four consecutive weeks.Tesla also exports cars to Europe from its Chinese plant, so predicting total sales from Tesla’s Chinese plant in Shanghai is any given quarter is difficult.Tesla’s Shanghai plant produced about 140,000 units in January and February combined. About 61,000 were delivered domestically with the rest exported. Tesla also makes vehicles in Fremont, Calif.; Austin, Texas; and Germany.Not surprisingly, Tesla stock typically reacts better when deliveries exceed forecasts than when they fall short. Shares dropped about 12% on the first trading day of 2023 after fourth-quarter deliveries missed expectations. Wall Street was looking for about 420,000 units, roughly 15,000 more than the actual total.Shares quickly recovered, however, and were at about $144 before Tesla reported its fourth-quarter numbers on Jan. 25. Tesla stock closed out 2022 at $123.18 a share and dropped to $108.10 after the delivery disappointment.Tesla stock was up 2.1% in early trading at about $194.39. The S&P 500  and Nasdaq Composite rose about 0.5% and 0.3%, respectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941082527,"gmtCreate":1679873722770,"gmtModify":1679873726236,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941082527","repostId":"2322121118","repostType":4,"repost":{"id":"2322121118","kind":"highlight","pubTimestamp":1679794344,"share":"https://ttm.financial/m/news/2322121118?lang=&edition=fundamental","pubTime":"2023-03-26 09:32","market":"us","language":"en","title":"5 Penny Stocks to Buy for 5X Returns","url":"https://stock-news.laohu8.com/highlight/detail?id=2322121118","media":"InvestorPlace","summary":"These are the non-speculative penny stocks to buy for multibagger returns.Solid Power (SLDP): Workin","content":"<html><head></head><body><ul><li>These are the non-speculative penny stocks to buy for multibagger returns.</li><li><b>Solid Power</b> (<b><u>SLDP</u></b>): Working towards commercialization of solid-state batteries with the backing of strong automotive partners.</li><li><b>Kinross Gold</b> (<b><u>KGC</u></b>): Strong balance sheet and steady free cash flow visibility that will translate into dividend growth.</li><li><b>Tilray Brands</b> (<b><u>TLRY</u></b>): Federal-level legalization of cannabis would imply multibagger returns.</li><li><b>Bitfarms</b> (<b><u>BITF</u></b>): Steady growth in mining capacity and expected EBITDA margin expansion in 2023.</li><li><b>Polestar Automotive</b> (<b><u>PSNY</u></b>): Robust deliveries growth guidance backed by new model launches.</li></ul><p><img src=\"https://static.tigerbbs.com/99e890ff54ad7cafbec93e48b2cda45c\" tg-width=\"768\" tg-height=\"576\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: InvestorPlace unless otherwise noted</p><p>Amidst significant volatility, the <b>S&amp;P 500</b> index has declined by 11% in the last 12 months. It’s not a time for easy money-making. However, there is no doubt that current market conditions are best for accumulating stocks. Be it blue-chip, growth, or penny stocks.</p><p>Penny stocks have always garnered market attention as there is potential to make quick money. Investors, however, need to tone down expectations in current market conditions. A careful selection of non-speculative penny stocks can deliver multibagger returns in the next three years.</p><p>When I say non-speculative penny stocks, it implies stocks of companies that have a sound business model. Further, these companies have a decent balance sheet to navigate challenging times. If the business delivers, these stocks can be among the mid-cap or large-cap names in the coming years.</p><p>Let’s discuss five penny stocks to buy for 5x returns with an investment horizon of three years.</p><h2>Solid Power (SLDP)</h2><p><img src=\"https://static.tigerbbs.com/72d69604c608a6730dbe9b8d50d8091e\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: T. Schneider / Shutterstock.com</p><p><b>Solid Power</b> (NASDAQ:<b><u>SLDP</u></b>) stock has corrected by almost 70% in the last 12 months. However, it’s among the non-speculative penny stocks to buy for multibagger returns.</p><p>It’s worth noting that even with the stock decline, business developments have remained positive. With impending catalysts, I expect a strong reversal rally from current levels.</p><p>Solid Power expects to commission the electrolyte production facility in the current year. The company will also deliver EV cells to automotive partners for validation testing.</p><p>Solid Power has also been trying to accelerate research and development activity. In December 2022, the company licensed its cell design and manufacturing process to <b>BMW</b> (OTCMKTS:<b><u>BMWYY</u></b>). Parallel research can accelerate the commercialization of solid-state batteries.</p><p>Solid Power closed 2022 with cash and equivalents of $496 million. Besides BMW, the company’s automotive partner includes <b>Ford</b> (NYSE:<b><u>F</u></b>). I don’t see financing as a concern at any stage of the product development and commercialization cycle.</p><h2>Kinross Gold (KGC)</h2><p><img src=\"https://static.tigerbbs.com/f2d0c804c19513f570937e0daa787e30\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: T. Schneider / Shutterstock.com</p><p><b>Kinross Gold</b> (NYSE:<b><u>KGC</u></b>) stock has trended higher by 21% in the last six months. The rally is primarily driven by the recent upside in gold prices.</p><p>The world faces challenges related to the banking sector besides inflation and an impending recession. With these concerns, gold will likely trend higher, and gold mining stocks look attractive. Among penny stocks, Kinross seems poised for multibagger returns from oversold levels.</p><p>A key point to note is that Kinross reported a free cash flow of $157 million for Q4 2022. This implies an annualized FCF potential of $630 million. However, with gold trending higher, the company will likely deliver FCF over $750 million. The company has already guided for stable production through 2025.</p><p>With a strong balance sheet and robust cash flows, KGC stock is an attractive dividend growth stock. At the same time, acquisition-driven growth seems likely considering the financial flexibility. It’s worth mentioning that Kinross was forced to sell Russian assets in 2022 due to geopolitical factors.</p><h2>Tilray Brands (TLRY)</h2><p><img src=\"https://static.tigerbbs.com/2de9ee022a766d3e177323a4968a9b6f\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: viewimage / Shutterstock.com</p><p>Cannabis stocks have continued to suffer due to regulatory headwinds coupled with cash burn. The timeline for federal-level legalization of cannabis remains uncertain, and that’s a negative. However, <b>Tilray Brands</b> (NASDAQ:<b><u>TLRY</u></b>) has seen positive business developments.</p><p>Assuming a legalization scenario in the next 24 months, I expect TLRY stock to be a ten-bagger. Coming to business developments, there are two important points to note. First and foremost, Tilray has been reporting positive adjusted EBITDA on a sustained basis. In the last quarter, the company also reported positive free cash flows from key business units.</p><p>Furthermore, Tilray has a strong presence in the medicinal and recreational cannabis sector. The company has a wide addressable market in the U.S. and Europe. It’s worth noting that the company acquired two brewing companies, which enables Tilray to set up a robust strategic infrastructure in the U.S. Overall, Tilray is at an inflection point of growth. If the legalization story plays out, the stock will be a massive wealth creator.</p><h2>Bitfarms (BITF)</h2><p><img src=\"https://static.tigerbbs.com/845fc8ac2be7950d5554a764718811c6\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: PHOTOCREO Michal Bednarek / Shutterstock.com</p><p><b>Bitcoin</b> (<b><u>BTC-USD</u></b>) surged by 65% for year-to-date 2023. It seems that the upside will sustain signaling an end to the extended crypto winter. It’s, therefore, a good time to accumulate Bitcoin mining stocks. Global financial uncertainty and Bitcoin halving due in 2024 are catalysts for a sustained rally in cryptocurrencies.</p><p>Among the penny stocks, <b>Bitfarms</b> (NASDAQ:<b><u>BITF</u></b>) looks attractive. For year-to-date, the stock has surged by 113%. I expect the rally from deeply oversold levels to sustain as mining margins improve in the coming quarters.</p><p>It’s worth noting that even for Q3 2022, the company reported an adjusted EBITDA margin of 31%. The business can generate healthy cash flows if Bitcoin trades around $35,000 to $40,000.</p><p>As of February, Bitfarms reported a mining capacity of 4.7EH/s. On a year-on-year basis, the company increased capacity by 104%. As capacity continues to increase, the company’s digital assets will swell.</p><h2>Polestar Automotive (PSNY)</h2><p><img src=\"https://static.tigerbbs.com/18cf014da10ca61000f321f7a1ef7027\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Robert Way / Shutterstock.com</p><p><b>Polestar Automotive</b> (NASDAQ:<b><u>PSNY</u></b>) is an attractive penny stock from the EV space. In the last six months, PSNY stock has witnessed a deep correction of 50%. I believe the worst is over, and potential catalysts for a sharp reversal rally exist.</p><p>The outlook is positive for Polestar in terms of vehicle deliveries. Last year, delivery growth on a year-on-year basis was 80%. For the current year, the guidance is for 60% growth.</p><p>However, the stock has been depressed due to the widening of EBITDA level losses in 2022. With operating leverage, margins are likely to improve in 2023 and beyond. Further, with the impending launch of Polestar 4 and 5 in 2023 and 2024, respectively, the growth outlook is positive.</p><p>It’s worth noting that the company closed 2022 with a cash buffer of $974 million. The company is exploring equity or debt fundraising. Any announcement on this front will be positive for the stock.</p></body></html>","source":"investorplace","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>5 Penny Stocks to Buy for 5X Returns</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\">\n5 Penny Stocks to Buy for 5X Returns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-26 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/03/5-penny-stocks-to-buy-for-5x-returns/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These are the non-speculative penny stocks to buy for multibagger returns.Solid Power (SLDP): Working towards commercialization of solid-state batteries with the backing of strong automotive partners....</p>\n\n<a href=\"https://investorplace.com/2023/03/5-penny-stocks-to-buy-for-5x-returns/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4585":"ETF&股票定投概念","SQQQ":"纳指三倍做空ETF","QID":"纳指两倍做空ETF","QQQ":"纳指100ETF","BK4555":"新能源车","BK4007":"制药","F":"福特汽车","BK4557":"大麻股","QLD":"纳指两倍做多ETF","KGC":"金罗斯黄金",".IXIC":"NASDAQ Composite","BK4574":"无人驾驶","TQQQ":"纳指三倍做多ETF","BK4561":"索罗斯持仓","BK4547":"WSB热门概念","PSQ":"纳指反向ETF","BK4099":"汽车制造商","BK4124":"机动车零配件与设备","TLRY":"Tilray Inc.","SLDP":"Solid Power, Inc","BK4588":"碎股","BK4017":"黄金","PSNY":"极星汽车","BK4023":"应用软件","BITF":"Bitfarms Ltd.","BK4532":"文艺复兴科技持仓"},"source_url":"https://investorplace.com/2023/03/5-penny-stocks-to-buy-for-5x-returns/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2322121118","content_text":"These are the non-speculative penny stocks to buy for multibagger returns.Solid Power (SLDP): Working towards commercialization of solid-state batteries with the backing of strong automotive partners.Kinross Gold (KGC): Strong balance sheet and steady free cash flow visibility that will translate into dividend growth.Tilray Brands (TLRY): Federal-level legalization of cannabis would imply multibagger returns.Bitfarms (BITF): Steady growth in mining capacity and expected EBITDA margin expansion in 2023.Polestar Automotive (PSNY): Robust deliveries growth guidance backed by new model launches.Source: InvestorPlace unless otherwise notedAmidst significant volatility, the S&P 500 index has declined by 11% in the last 12 months. It’s not a time for easy money-making. However, there is no doubt that current market conditions are best for accumulating stocks. Be it blue-chip, growth, or penny stocks.Penny stocks have always garnered market attention as there is potential to make quick money. Investors, however, need to tone down expectations in current market conditions. A careful selection of non-speculative penny stocks can deliver multibagger returns in the next three years.When I say non-speculative penny stocks, it implies stocks of companies that have a sound business model. Further, these companies have a decent balance sheet to navigate challenging times. If the business delivers, these stocks can be among the mid-cap or large-cap names in the coming years.Let’s discuss five penny stocks to buy for 5x returns with an investment horizon of three years.Solid Power (SLDP)Source: T. Schneider / Shutterstock.comSolid Power (NASDAQ:SLDP) stock has corrected by almost 70% in the last 12 months. However, it’s among the non-speculative penny stocks to buy for multibagger returns.It’s worth noting that even with the stock decline, business developments have remained positive. With impending catalysts, I expect a strong reversal rally from current levels.Solid Power expects to commission the electrolyte production facility in the current year. The company will also deliver EV cells to automotive partners for validation testing.Solid Power has also been trying to accelerate research and development activity. In December 2022, the company licensed its cell design and manufacturing process to BMW (OTCMKTS:BMWYY). Parallel research can accelerate the commercialization of solid-state batteries.Solid Power closed 2022 with cash and equivalents of $496 million. Besides BMW, the company’s automotive partner includes Ford (NYSE:F). I don’t see financing as a concern at any stage of the product development and commercialization cycle.Kinross Gold (KGC)Source: T. Schneider / Shutterstock.comKinross Gold (NYSE:KGC) stock has trended higher by 21% in the last six months. The rally is primarily driven by the recent upside in gold prices.The world faces challenges related to the banking sector besides inflation and an impending recession. With these concerns, gold will likely trend higher, and gold mining stocks look attractive. Among penny stocks, Kinross seems poised for multibagger returns from oversold levels.A key point to note is that Kinross reported a free cash flow of $157 million for Q4 2022. This implies an annualized FCF potential of $630 million. However, with gold trending higher, the company will likely deliver FCF over $750 million. The company has already guided for stable production through 2025.With a strong balance sheet and robust cash flows, KGC stock is an attractive dividend growth stock. At the same time, acquisition-driven growth seems likely considering the financial flexibility. It’s worth mentioning that Kinross was forced to sell Russian assets in 2022 due to geopolitical factors.Tilray Brands (TLRY)Source: viewimage / Shutterstock.comCannabis stocks have continued to suffer due to regulatory headwinds coupled with cash burn. The timeline for federal-level legalization of cannabis remains uncertain, and that’s a negative. However, Tilray Brands (NASDAQ:TLRY) has seen positive business developments.Assuming a legalization scenario in the next 24 months, I expect TLRY stock to be a ten-bagger. Coming to business developments, there are two important points to note. First and foremost, Tilray has been reporting positive adjusted EBITDA on a sustained basis. In the last quarter, the company also reported positive free cash flows from key business units.Furthermore, Tilray has a strong presence in the medicinal and recreational cannabis sector. The company has a wide addressable market in the U.S. and Europe. It’s worth noting that the company acquired two brewing companies, which enables Tilray to set up a robust strategic infrastructure in the U.S. Overall, Tilray is at an inflection point of growth. If the legalization story plays out, the stock will be a massive wealth creator.Bitfarms (BITF)Source: PHOTOCREO Michal Bednarek / Shutterstock.comBitcoin (BTC-USD) surged by 65% for year-to-date 2023. It seems that the upside will sustain signaling an end to the extended crypto winter. It’s, therefore, a good time to accumulate Bitcoin mining stocks. Global financial uncertainty and Bitcoin halving due in 2024 are catalysts for a sustained rally in cryptocurrencies.Among the penny stocks, Bitfarms (NASDAQ:BITF) looks attractive. For year-to-date, the stock has surged by 113%. I expect the rally from deeply oversold levels to sustain as mining margins improve in the coming quarters.It’s worth noting that even for Q3 2022, the company reported an adjusted EBITDA margin of 31%. The business can generate healthy cash flows if Bitcoin trades around $35,000 to $40,000.As of February, Bitfarms reported a mining capacity of 4.7EH/s. On a year-on-year basis, the company increased capacity by 104%. As capacity continues to increase, the company’s digital assets will swell.Polestar Automotive (PSNY)Source: Robert Way / Shutterstock.comPolestar Automotive (NASDAQ:PSNY) is an attractive penny stock from the EV space. In the last six months, PSNY stock has witnessed a deep correction of 50%. I believe the worst is over, and potential catalysts for a sharp reversal rally exist.The outlook is positive for Polestar in terms of vehicle deliveries. Last year, delivery growth on a year-on-year basis was 80%. For the current year, the guidance is for 60% growth.However, the stock has been depressed due to the widening of EBITDA level losses in 2022. With operating leverage, margins are likely to improve in 2023 and beyond. Further, with the impending launch of Polestar 4 and 5 in 2023 and 2024, respectively, the growth outlook is positive.It’s worth noting that the company closed 2022 with a cash buffer of $974 million. The company is exploring equity or debt fundraising. Any announcement on this front will be positive for the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":731,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941086727,"gmtCreate":1679873524570,"gmtModify":1679873528119,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941086727","repostId":"2322468438","repostType":4,"isVote":1,"tweetType":1,"viewCount":638,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941012431,"gmtCreate":1679841984824,"gmtModify":1679841988459,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"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/9941012431","repostId":"2322101290","repostType":4,"repost":{"id":"2322101290","kind":"highlight","pubTimestamp":1679794689,"share":"https://ttm.financial/m/news/2322101290?lang=&edition=fundamental","pubTime":"2023-03-26 09:38","market":"us","language":"en","title":"Is It Too Late to Buy Microsoft Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2322101290","media":"Motley Fool","summary":"The enterprise and personal software titan has generated impressive gains so far in 2023, but is this just the beginning?","content":"<html><head></head><body><p><b>Microsoft </b>(MSFT 1.05%) has had a terrific year so far in 2023, riding the tailwinds of a broader rally in technology stocks. Shares of the tech titan are up 15% so far this year, more than triple the gains of the <b>S&amp;P 500</b>. This is in stark contrast to its performance in 2022, when the stock tumbled more than 28%.</p><p>The rally this year came on the heels of the company&#39;s stronger-than-expected financial results released on Jan. 24. Microsoft&#39;s resilience in the face of macroeconomic headwinds boosted investor confidence that the company can capitalize on a couple of vast and growing opportunities over the coming year.</p><p>What does this mean for investors who sat out Microsoft&#39;s current rally? Should they buy the stock in anticipation of additional gains or avoid the stock because of its higher valuation and the ongoing meltdown in the personal computer (PC) market? Let&#39;s take a closer look.</p><p><img src=\"https://static.tigerbbs.com/b2be85387a6f72a34eff476817e4fc87\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><h2>What&#39;s been weighing on Microsoft stock?</h2><p>Microsoft&#39;s strength comes from the diversity of its business, but a big chunk still comes from the PC market -- which has been in a secular decline and hit hard by the downturn. In its fiscal 2023 second quarter (which ended Dec. 31), Microsoft&#39;s more personal computing segment -- which has historically accounted for nearly a third of its revenue -- was down 19% year over year to $14.2 billion, marking the second consecutive quarter of year-over-year declines.</p><p>The good news is that the PC market may be near a bottom. <b>Morgan Stanley</b> analyst Erik Woodring cut his 2023 PC estimates again <i>but</i> believes the worst has passed, with the market hitting its trough as soon as the current quarter.</p><h2>What could drive Microsoft stock higher?</h2><p>In addition to a rebound in the PC market, Microsoft has other drivers that could fuel a stock rally.</p><p>Chief among those is its cloud infrastructure service, Azure. Microsoft experienced strong market-share gains in the worldwide cloud infrastructure market in 2022, reaching 23%, up from 21% in the preceding four quarters, according to data compiled by Synergy Research Group. In fact, over the past five years, Microsoft has notched the largest share gains in the industry, growing by nearly 11 percentage points since 2017. Given the consistency of the company&#39;s market-share increases in recent years, there&#39;s every reason to believe that trend will continue.</p><p>There&#39;s also the matter of ChatGPT and the growing utility of artificial intelligence (AI). Microsoft has invested <i>at least</i> $10 billion in ChatGPT-creator OpenAI and is already working to integrate ChatGPT&#39;s capabilities into its Bing search engine. The intent is clear -- to wrest some search-market share from <b>Alphabet</b>&#39;s Google, which controls more than 90% of the market -- so even small market-share gains could be big business. Microsoft estimates that every 1% share of the market it gains represents a $2 billion revenue opportunity.</p><p>While it&#39;s too early to know how successful those efforts will be, the excitement surrounding ChatGPT is palpable. This suggests that fervor could be instrumental in attracting additional search users to Bing.</p><h2>How to approach Microsoft stock now</h2><p>Microsoft is currently selling at 31 times trailing earnings and 10 times trailing sales. While value investors might balk at the company&#39;s valuation, I&#39;d argue that&#39;s a pretty reasonable price to pay for a company that&#39;s expected to grow both its revenue and earnings per share by double digits by 2024.</p><p>As I&#39;ve outlined above, Microsoft has a number of catalysts that could drive its stock significantly higher over the coming months and years. Savvy investors with a stomach for a little volatility should consider buying now, particularly given Microsoft&#39;s resilience and its robust long-term prospects in the high-growth areas of cloud computing and AI.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is It Too Late to Buy Microsoft Stock?</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 It Too Late to Buy Microsoft Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-26 09:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/25/is-it-too-late-to-buy-microsoft-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft (MSFT 1.05%) has had a terrific year so far in 2023, riding the tailwinds of a broader rally in technology stocks. Shares of the tech titan are up 15% so far this year, more than triple the ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/25/is-it-too-late-to-buy-microsoft-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","BK4561":"索罗斯持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4573":"虚拟现实","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","LU0861579265.USD":"联博低波幅策略股票基金A","BK4581":"高盛持仓","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU0971096721.USD":"富达环球金融服务 A","LU0444971666.USD":"天利全球科技基金","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU1046421795.USD":"富达环球科技A-ACC","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4514":"搜索引擎","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","SG9999014906.USD":"大华全球优质成长基金Acc USD","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","BK4023":"应用软件","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4532":"文艺复兴科技持仓","MSFT":"微软","BK4554":"元宇宙及AR概念","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","BK4507":"流媒体概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","BK4566":"资本集团","LU0056508442.USD":"贝莱德世界科技基金A2","LU0080751232.USD":"富达环球多元动力基金A","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4535":"淡马锡持仓","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4077":"互动媒体与服务","LU0109392836.USD":"富兰克林科技股A","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2023/03/25/is-it-too-late-to-buy-microsoft-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2322101290","content_text":"Microsoft (MSFT 1.05%) has had a terrific year so far in 2023, riding the tailwinds of a broader rally in technology stocks. Shares of the tech titan are up 15% so far this year, more than triple the gains of the S&P 500. This is in stark contrast to its performance in 2022, when the stock tumbled more than 28%.The rally this year came on the heels of the company's stronger-than-expected financial results released on Jan. 24. Microsoft's resilience in the face of macroeconomic headwinds boosted investor confidence that the company can capitalize on a couple of vast and growing opportunities over the coming year.What does this mean for investors who sat out Microsoft's current rally? Should they buy the stock in anticipation of additional gains or avoid the stock because of its higher valuation and the ongoing meltdown in the personal computer (PC) market? Let's take a closer look.Image source: Getty Images.What's been weighing on Microsoft stock?Microsoft's strength comes from the diversity of its business, but a big chunk still comes from the PC market -- which has been in a secular decline and hit hard by the downturn. In its fiscal 2023 second quarter (which ended Dec. 31), Microsoft's more personal computing segment -- which has historically accounted for nearly a third of its revenue -- was down 19% year over year to $14.2 billion, marking the second consecutive quarter of year-over-year declines.The good news is that the PC market may be near a bottom. Morgan Stanley analyst Erik Woodring cut his 2023 PC estimates again but believes the worst has passed, with the market hitting its trough as soon as the current quarter.What could drive Microsoft stock higher?In addition to a rebound in the PC market, Microsoft has other drivers that could fuel a stock rally.Chief among those is its cloud infrastructure service, Azure. Microsoft experienced strong market-share gains in the worldwide cloud infrastructure market in 2022, reaching 23%, up from 21% in the preceding four quarters, according to data compiled by Synergy Research Group. In fact, over the past five years, Microsoft has notched the largest share gains in the industry, growing by nearly 11 percentage points since 2017. Given the consistency of the company's market-share increases in recent years, there's every reason to believe that trend will continue.There's also the matter of ChatGPT and the growing utility of artificial intelligence (AI). Microsoft has invested at least $10 billion in ChatGPT-creator OpenAI and is already working to integrate ChatGPT's capabilities into its Bing search engine. The intent is clear -- to wrest some search-market share from Alphabet's Google, which controls more than 90% of the market -- so even small market-share gains could be big business. Microsoft estimates that every 1% share of the market it gains represents a $2 billion revenue opportunity.While it's too early to know how successful those efforts will be, the excitement surrounding ChatGPT is palpable. This suggests that fervor could be instrumental in attracting additional search users to Bing.How to approach Microsoft stock nowMicrosoft is currently selling at 31 times trailing earnings and 10 times trailing sales. While value investors might balk at the company's valuation, I'd argue that's a pretty reasonable price to pay for a company that's expected to grow both its revenue and earnings per share by double digits by 2024.As I've outlined above, Microsoft has a number of catalysts that could drive its stock significantly higher over the coming months and years. Savvy investors with a stomach for a little volatility should consider buying now, particularly given Microsoft's resilience and its robust long-term prospects in the high-growth areas of cloud computing and AI.","news_type":1},"isVote":1,"tweetType":1,"viewCount":566,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941012585,"gmtCreate":1679841947948,"gmtModify":1679841951975,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941012585","repostId":"2322788021","repostType":4,"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943733983,"gmtCreate":1679699059143,"gmtModify":1679699062635,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943733983","repostId":"2321993801","repostType":4,"repost":{"id":"2321993801","kind":"highlight","pubTimestamp":1679671800,"share":"https://ttm.financial/m/news/2321993801?lang=&edition=fundamental","pubTime":"2023-03-24 23:30","market":"us","language":"en","title":"These 3 AI Stocks Could Outperform the S&P 500 in a Bull Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2321993801","media":"Motley Fool","summary":"Microsoft, Nvidia, and Upstart could blast off if the macro situation improves.","content":"<html><head></head><body><h2>KEY POINTS</h2><ul><li>Microsoft’s stake in ChatGPT makes it an AI leader.</li><li>Nvidia’s GPUs will remain the pick-and-shovel play of the AI market.</li><li>Upstart’s AI-powered lending business could recover as interest rates stabilize.</li></ul><p>The <b>S&amp;P 500</b> entered a bear market on June 13, 2022, after dropping more than 20% from its all-time high in January 2021. The index has risen 6% since that fateful day, but that&#39;s well below the 20% gain it needs to qualify as a new bull market.</p><p>It&#39;s unclear if a new bull market will start this year, but one of the hottest secular trends -- artificial intelligence -- could catch fire when it finally does. I believe these three AI-oriented tech stocks -- <b>Microsoft</b>, <b>Nvidia</b>, and <b>Upstart</b> -- could outperform the S&amp;P 500 when that finally happens.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a53b3fac46cda417d21ee8fe9671c72d\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>1. Microsoft</h2><p>Microsoft&#39;s stock dropped nearly 20% after hitting its all-time high in November 2021. Slower cloud spending in a more challenging macro environment, weaker growth of major revenue streams in a post-pandemic market, and intense currency headwinds all drove away the bulls.</p><p>Analysts expect its revenue and adjusted earnings to only grow 5% and 2%, respectively, in fiscal 2023, which ends in June. That&#39;s compared to Microsoft&#39;s 18% revenue growth and 16% earnings growth in fiscal 2022.</p><p>That slowdown is disappointing, but analysts also expect its revenue and earnings to rise 11% and 15%, respectively, in fiscal 2024. We should take those estimates with a grain of salt, but Microsoft&#39;s hefty investments in OpenAI -- the start-up that created the &#34;generative AI&#34; chatbot ChatGPT -- might help Microsoft reach those estimates.</p><p>Microsoft has already integrated ChatGPT into its search engine Bing and its Azure cloud infrastructure services, and will likely plug those tools into its Windows, Office, and Dynamics customer relationship management (CRM) services in the near future. Those integrations, along with waning macro headwinds for its core businesses, could easily drive the technology stock to fresh highs once a new bull market starts.</p><p>Its stock isn&#39;t cheap at 26 times forward earnings today, but investors could pay a much higher premium for Microsoft once it demonstrates how its AI-driven features can widen its competitive moat, accelerate long-term growth, and reduce operating expenses.</p><h2>2. Nvidia</h2><p>Nvidia is the market leader in gaming GPUs, but its top-tier GPUs are also used by data centers to process complex AI tasks. All the most powerful generative AI algorithms -- including ChatGPT and <b>Alphabet</b>&#39;s Google Bard -- currently use Nvidia&#39;s GPUs. That makes it one of the best pick-and-shovel plays on the AI market.</p><p>However, Nvidia&#39;s stock has also declined about 20% since it hit its all-time high in November 2021. The bulls retreated as the chipmaker struggled with weak demand for gaming GPUs in a post-lockdown market, which was exacerbated by the COVID lockdowns in China, as well as softer sales of data center GPUs in a difficult macro environment. Declining cryptocurrency prices generated even more headwinds as disillusioned miners flooded the market with cheap secondhand GPUs.</p><p>Yet analysts still expect Nvidia&#39;s revenue and adjusted EPS to rise 10% and 34%, respectively, in fiscal 2024 (ending January 2025), which would represent an acceleration from its flat revenue growth and 25% earnings decline in fiscal 2023. That recovery should be driven by the stabilizing PC market, China&#39;s post-COVID recovery, and less intense macro headwinds. The intensifying land grab across the generative AI market could also significantly boost data center GPU sales.</p><p>Nvidia&#39;s stock might seem pricey at 57 times forward earnings, but it could maintain that premium valuation as the AI market grows. That&#39;s why I believe a fresh bull market could easily propel Nvidia&#39;s stock to new highs.</p><h2>3. Upstart</h2><p>Upstart is an online lending platform that approves loans for its lending partners by processing nontraditional data points -- including a customer&#39;s standardized test scores, GPA, area of study, and work history -- through its AI algorithms. That process enables lenders to reach a broader range of customers, especially those with lower incomes and limited credit histories who might otherwise be excluded by traditional credit scoring methods.</p><p>Upstart&#39;s business flourished when interest rates were low, since consumers were more likely to pursue new loans at low rates while its lending partners were willing to fund more loans. That&#39;s why its revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) skyrocketed 264% and 636%, respectively, in 2021.</p><p>But that party quickly ended as rising interest rates caused consumers to take out fewer loans and its lending partners to offer fewer loans. As a result, Upstart&#39;s revenue dipped 1% in 2022 as its adjusted EBITDA plunged 84%. Analysts expect its revenue to drop another 34% in 2023 as its adjusted EBITDA turns negative. That&#39;s why its stock has plunged about 96% since it closed at its all-time high in October 2021.</p><p>But after that steep sell-off, Upstart&#39;s stock now trades at just 2 times this year&#39;s sales. If a new bull market starts as interest rates stabilize and cool off, its growth could accelerate just as abruptly as it decelerated. Therefore, this stock might still a potential multibagger for investors who can tune out all the near-term noise about rising interest rates.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 3 AI Stocks Could Outperform the S&P 500 in a Bull Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 3 AI Stocks Could Outperform the S&P 500 in a Bull Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-24 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/24/these-3-ai-stocks-outperform-sp-500-in-bull/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSMicrosoft’s stake in ChatGPT makes it an AI leader.Nvidia’s GPUs will remain the pick-and-shovel play of the AI market.Upstart’s AI-powered lending business could recover as interest rates ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/24/these-3-ai-stocks-outperform-sp-500-in-bull/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓","LU0109392836.USD":"富兰克林科技股A","BK4551":"寇图资本持仓","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU0861579265.USD":"联博低波幅策略股票基金A","LU0444971666.USD":"天利全球科技基金","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","BK4549":"软银资本持仓","BK4538":"云计算","NVDA":"英伟达","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","SG9999014906.USD":"大华全球优质成长基金Acc USD","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0557290698.USD":"施罗德环球可持续增长基金","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU0528227936.USD":"富达环球人口趋势基金A-ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4553":"喜马拉雅资本持仓","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","UPST":"Upstart Holdings, Inc.","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4587":"ChatGPT概念","BK4525":"远程办公概念","LU0080751232.USD":"富达环球多元动力基金A","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","BK4535":"淡马锡持仓","MSFT":"微软","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","BK4077":"互动媒体与服务","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC"},"source_url":"https://www.fool.com/investing/2023/03/24/these-3-ai-stocks-outperform-sp-500-in-bull/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321993801","content_text":"KEY POINTSMicrosoft’s stake in ChatGPT makes it an AI leader.Nvidia’s GPUs will remain the pick-and-shovel play of the AI market.Upstart’s AI-powered lending business could recover as interest rates stabilize.The S&P 500 entered a bear market on June 13, 2022, after dropping more than 20% from its all-time high in January 2021. The index has risen 6% since that fateful day, but that's well below the 20% gain it needs to qualify as a new bull market.It's unclear if a new bull market will start this year, but one of the hottest secular trends -- artificial intelligence -- could catch fire when it finally does. I believe these three AI-oriented tech stocks -- Microsoft, Nvidia, and Upstart -- could outperform the S&P 500 when that finally happens.Image source: Getty Images.1. MicrosoftMicrosoft's stock dropped nearly 20% after hitting its all-time high in November 2021. Slower cloud spending in a more challenging macro environment, weaker growth of major revenue streams in a post-pandemic market, and intense currency headwinds all drove away the bulls.Analysts expect its revenue and adjusted earnings to only grow 5% and 2%, respectively, in fiscal 2023, which ends in June. That's compared to Microsoft's 18% revenue growth and 16% earnings growth in fiscal 2022.That slowdown is disappointing, but analysts also expect its revenue and earnings to rise 11% and 15%, respectively, in fiscal 2024. We should take those estimates with a grain of salt, but Microsoft's hefty investments in OpenAI -- the start-up that created the \"generative AI\" chatbot ChatGPT -- might help Microsoft reach those estimates.Microsoft has already integrated ChatGPT into its search engine Bing and its Azure cloud infrastructure services, and will likely plug those tools into its Windows, Office, and Dynamics customer relationship management (CRM) services in the near future. Those integrations, along with waning macro headwinds for its core businesses, could easily drive the technology stock to fresh highs once a new bull market starts.Its stock isn't cheap at 26 times forward earnings today, but investors could pay a much higher premium for Microsoft once it demonstrates how its AI-driven features can widen its competitive moat, accelerate long-term growth, and reduce operating expenses.2. NvidiaNvidia is the market leader in gaming GPUs, but its top-tier GPUs are also used by data centers to process complex AI tasks. All the most powerful generative AI algorithms -- including ChatGPT and Alphabet's Google Bard -- currently use Nvidia's GPUs. That makes it one of the best pick-and-shovel plays on the AI market.However, Nvidia's stock has also declined about 20% since it hit its all-time high in November 2021. The bulls retreated as the chipmaker struggled with weak demand for gaming GPUs in a post-lockdown market, which was exacerbated by the COVID lockdowns in China, as well as softer sales of data center GPUs in a difficult macro environment. Declining cryptocurrency prices generated even more headwinds as disillusioned miners flooded the market with cheap secondhand GPUs.Yet analysts still expect Nvidia's revenue and adjusted EPS to rise 10% and 34%, respectively, in fiscal 2024 (ending January 2025), which would represent an acceleration from its flat revenue growth and 25% earnings decline in fiscal 2023. That recovery should be driven by the stabilizing PC market, China's post-COVID recovery, and less intense macro headwinds. The intensifying land grab across the generative AI market could also significantly boost data center GPU sales.Nvidia's stock might seem pricey at 57 times forward earnings, but it could maintain that premium valuation as the AI market grows. That's why I believe a fresh bull market could easily propel Nvidia's stock to new highs.3. UpstartUpstart is an online lending platform that approves loans for its lending partners by processing nontraditional data points -- including a customer's standardized test scores, GPA, area of study, and work history -- through its AI algorithms. That process enables lenders to reach a broader range of customers, especially those with lower incomes and limited credit histories who might otherwise be excluded by traditional credit scoring methods.Upstart's business flourished when interest rates were low, since consumers were more likely to pursue new loans at low rates while its lending partners were willing to fund more loans. That's why its revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) skyrocketed 264% and 636%, respectively, in 2021.But that party quickly ended as rising interest rates caused consumers to take out fewer loans and its lending partners to offer fewer loans. As a result, Upstart's revenue dipped 1% in 2022 as its adjusted EBITDA plunged 84%. Analysts expect its revenue to drop another 34% in 2023 as its adjusted EBITDA turns negative. That's why its stock has plunged about 96% since it closed at its all-time high in October 2021.But after that steep sell-off, Upstart's stock now trades at just 2 times this year's sales. If a new bull market starts as interest rates stabilize and cool off, its growth could accelerate just as abruptly as it decelerated. Therefore, this stock might still a potential multibagger for investors who can tune out all the near-term noise about rising interest rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943439762,"gmtCreate":1679616302157,"gmtModify":1679616305571,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":22,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9943439762","repostId":"2321138763","repostType":4,"repost":{"id":"2321138763","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":1679603613,"share":"https://ttm.financial/m/news/2321138763?lang=&edition=fundamental","pubTime":"2023-03-24 04:33","market":"us","language":"en","title":"US STOCKS-Wall St Ends Higher As Yellen Vows Actions to Safeguard Deposits","url":"https://stock-news.laohu8.com/highlight/detail?id=2321138763","media":"Reuters","summary":"Wall Street closed higher on Thursday as market participants were reassured by U.S. Treasury Secreta","content":"<html><head></head><body><p>Wall Street closed higher on Thursday as market participants were reassured by U.S. Treasury Secretary Janet Yellen&#39;s reassurances that measures will be taken to keep Americans&#39; deposits safe.</p><p>All three major U.S. stock indexes reversed an earlier rally, turning red before clawing their way back to positive territory in the final hour as Yellen resumed her congressional testimony.</p><p>Dropping Treasury yields, particularly an 18 basis point drop in two-year note yields, helped growth shares boost the Nasdaq to the head of the pack.</p><p>&#34;You watch this market and you watch it change direction in a short period of time and it’s based on some market participants’ interpretation over what someone said and how it affects how their trading,&#34; said Thomas Martin, senior portfolio manager at GLOBALT Investments in Atlanta.</p><p>&#34;The market as a whole is telling you is there are a lot of different ways to interpret all the things people are saying.&#34;</p><p>The session followed Wednesday&#39;s boom-and-bust moves after the Fed&#39;s rate hike, Fed Chair Jerome Powell&#39;s subsequent Q&amp;A session and Yellen&#39;s testimony before Congress in which she ruled out blanket protection for all deposits.</p><p>Interest rate hikes by central banks around the world have stressed the banking sector, which became manifest with the recent failures of <a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> and <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a>.</p><p>Jitters among regional banks persist, with the KBW Regional Bank index sliding 3.0%.</p><p>The S&amp;P 500 banks index dipped 1.2% to its lowest level since November 2020, and it has now fallen over 40% from its record high in February 2022.</p><p>Comments from the Bank of England that inflation will probably quickly fade also helped fuel hopes of light at the end of the central bank tightening tunnel.</p><p>&#34;Every central bank that was on path to raise rates raised them,&#34; GLOBALT&#39;s Martin added. &#34;Therefore they’ve all identified that inflation is currently the most important issue and poses the most risk to the system, whereas the effect of higher rates on financial stability isn’t as much of a concern - although it remains highly concerning.&#34;</p><p>The Dow Jones Industrial Average rose 75.14 points, or 0.23%, to 32,105.25, the S&amp;P 500 gained 11.75 points, or 0.30%, to 3,948.72 and the Nasdaq Composite added 117.44 points, or 1.01%, to 11,787.40.</p><p>Of the 11 major sectors of the S&amp;P 500, only communication services and tech ended the session higher.</p><p>$First Republic Bank(FRC-N)$ dropped 6.0% in volatile trading in the wake of Yellen&#39;s testimony.</p><p>Chipmaker Nvidia Corp advanced 2.7% after Needham raised its price target.</p><p><a href=\"https://laohu8.com/S/SQ\">Block</a> Inc shares slid 14.8% after Hindenburg Research disclosed its short positions in the company.</p><p>Crypto exchange Coinbase Global Inc dropped 14.1% in the wake of the U.S. Securities and Exchange Commission&#39;s threat to sue the company.</p><p>Accenture surged 7.3% after it announced plans to cut about 2.5% of its workforce.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.59-to-1 ratio; on Nasdaq, a 1.12-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted four new 52-week highs and 32 new lows; the Nasdaq Composite recorded 51 new highs and 296 new lows.</p><p>Volume on U.S. exchanges was 12.35 billion shares, compared with the 12.80 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>US STOCKS-Wall St Ends Higher As Yellen Vows Actions to Safeguard Deposits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Ends Higher As Yellen Vows Actions to Safeguard Deposits\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\">2023-03-24 04:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street closed higher on Thursday as market participants were reassured by U.S. Treasury Secretary Janet Yellen&#39;s reassurances that measures will be taken to keep Americans&#39; deposits safe.</p><p>All three major U.S. stock indexes reversed an earlier rally, turning red before clawing their way back to positive territory in the final hour as Yellen resumed her congressional testimony.</p><p>Dropping Treasury yields, particularly an 18 basis point drop in two-year note yields, helped growth shares boost the Nasdaq to the head of the pack.</p><p>&#34;You watch this market and you watch it change direction in a short period of time and it’s based on some market participants’ interpretation over what someone said and how it affects how their trading,&#34; said Thomas Martin, senior portfolio manager at GLOBALT Investments in Atlanta.</p><p>&#34;The market as a whole is telling you is there are a lot of different ways to interpret all the things people are saying.&#34;</p><p>The session followed Wednesday&#39;s boom-and-bust moves after the Fed&#39;s rate hike, Fed Chair Jerome Powell&#39;s subsequent Q&amp;A session and Yellen&#39;s testimony before Congress in which she ruled out blanket protection for all deposits.</p><p>Interest rate hikes by central banks around the world have stressed the banking sector, which became manifest with the recent failures of <a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> and <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a>.</p><p>Jitters among regional banks persist, with the KBW Regional Bank index sliding 3.0%.</p><p>The S&amp;P 500 banks index dipped 1.2% to its lowest level since November 2020, and it has now fallen over 40% from its record high in February 2022.</p><p>Comments from the Bank of England that inflation will probably quickly fade also helped fuel hopes of light at the end of the central bank tightening tunnel.</p><p>&#34;Every central bank that was on path to raise rates raised them,&#34; GLOBALT&#39;s Martin added. &#34;Therefore they’ve all identified that inflation is currently the most important issue and poses the most risk to the system, whereas the effect of higher rates on financial stability isn’t as much of a concern - although it remains highly concerning.&#34;</p><p>The Dow Jones Industrial Average rose 75.14 points, or 0.23%, to 32,105.25, the S&amp;P 500 gained 11.75 points, or 0.30%, to 3,948.72 and the Nasdaq Composite added 117.44 points, or 1.01%, to 11,787.40.</p><p>Of the 11 major sectors of the S&amp;P 500, only communication services and tech ended the session higher.</p><p>$First Republic Bank(FRC-N)$ dropped 6.0% in volatile trading in the wake of Yellen&#39;s testimony.</p><p>Chipmaker Nvidia Corp advanced 2.7% after Needham raised its price target.</p><p><a href=\"https://laohu8.com/S/SQ\">Block</a> Inc shares slid 14.8% after Hindenburg Research disclosed its short positions in the company.</p><p>Crypto exchange Coinbase Global Inc dropped 14.1% in the wake of the U.S. Securities and Exchange Commission&#39;s threat to sue the company.</p><p>Accenture surged 7.3% after it announced plans to cut about 2.5% of its workforce.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.59-to-1 ratio; on Nasdaq, a 1.12-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted four new 52-week highs and 32 new lows; the Nasdaq Composite recorded 51 new highs and 296 new lows.</p><p>Volume on U.S. exchanges was 12.35 billion shares, compared with the 12.80 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":{"161125":"标普500","513500":"标普500ETF","SPXU":"三倍做空标普500ETF","UDOW":"道指三倍做多ETF-ProShares","DDM":"道指两倍做多ETF","UPRO":"三倍做多标普500ETF","LHDX":"Lucira Health, Inc.","IVV":"标普500指数ETF","SDOW":"道指三倍做空ETF-ProShares","OEF":"标普100指数ETF-iShares","SPY":"标普500ETF","LABP":"Landos Biopharma, Inc.","APR":"Apria, Inc.","SDS":"两倍做空标普500ETF","DXD":"道指两倍做空ETF","SANA":"Sana Biotechnology, Inc.",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","DOG":"道指反向ETF","OEX":"标普100",".SPX":"S&P 500 Index","SH":"标普500反向ETF","CGEM":"Cullinan Therapeutics","SSO":"两倍做多标普500ETF","DJX":"1/100道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321138763","content_text":"Wall Street closed higher on Thursday as market participants were reassured by U.S. Treasury Secretary Janet Yellen's reassurances that measures will be taken to keep Americans' deposits safe.All three major U.S. stock indexes reversed an earlier rally, turning red before clawing their way back to positive territory in the final hour as Yellen resumed her congressional testimony.Dropping Treasury yields, particularly an 18 basis point drop in two-year note yields, helped growth shares boost the Nasdaq to the head of the pack.\"You watch this market and you watch it change direction in a short period of time and it’s based on some market participants’ interpretation over what someone said and how it affects how their trading,\" said Thomas Martin, senior portfolio manager at GLOBALT Investments in Atlanta.\"The market as a whole is telling you is there are a lot of different ways to interpret all the things people are saying.\"The session followed Wednesday's boom-and-bust moves after the Fed's rate hike, Fed Chair Jerome Powell's subsequent Q&A session and Yellen's testimony before Congress in which she ruled out blanket protection for all deposits.Interest rate hikes by central banks around the world have stressed the banking sector, which became manifest with the recent failures of SVB Financial Group and Signature Bank.Jitters among regional banks persist, with the KBW Regional Bank index sliding 3.0%.The S&P 500 banks index dipped 1.2% to its lowest level since November 2020, and it has now fallen over 40% from its record high in February 2022.Comments from the Bank of England that inflation will probably quickly fade also helped fuel hopes of light at the end of the central bank tightening tunnel.\"Every central bank that was on path to raise rates raised them,\" GLOBALT's Martin added. \"Therefore they’ve all identified that inflation is currently the most important issue and poses the most risk to the system, whereas the effect of higher rates on financial stability isn’t as much of a concern - although it remains highly concerning.\"The Dow Jones Industrial Average rose 75.14 points, or 0.23%, to 32,105.25, the S&P 500 gained 11.75 points, or 0.30%, to 3,948.72 and the Nasdaq Composite added 117.44 points, or 1.01%, to 11,787.40.Of the 11 major sectors of the S&P 500, only communication services and tech ended the session higher.$First Republic Bank(FRC-N)$ dropped 6.0% in volatile trading in the wake of Yellen's testimony.Chipmaker Nvidia Corp advanced 2.7% after Needham raised its price target.Block Inc shares slid 14.8% after Hindenburg Research disclosed its short positions in the company.Crypto exchange Coinbase Global Inc dropped 14.1% in the wake of the U.S. Securities and Exchange Commission's threat to sue the company.Accenture surged 7.3% after it announced plans to cut about 2.5% of its workforce.Declining issues outnumbered advancing ones on the NYSE by a 1.59-to-1 ratio; on Nasdaq, a 1.12-to-1 ratio favored decliners.The S&P 500 posted four new 52-week highs and 32 new lows; the Nasdaq Composite recorded 51 new highs and 296 new lows.Volume on U.S. exchanges was 12.35 billion shares, compared with the 12.80 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":566,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943439548,"gmtCreate":1679616291584,"gmtModify":1679616293326,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943439548","repostId":"1105351613","repostType":4,"repost":{"id":"1105351613","kind":"news","pubTimestamp":1679613868,"share":"https://ttm.financial/m/news/1105351613?lang=&edition=fundamental","pubTime":"2023-03-24 07:24","market":"sg","language":"en","title":"Singapore Push for All-EV Future Faces a Love of Crazy, Rich Combustion","url":"https://stock-news.laohu8.com/highlight/detail?id=1105351613","media":"Reuters","summary":"Singaporean chip designer Eu Gene Goh is an electric-vehicle evangelist with two Teslas in the garag","content":"<html><head></head><body><p>Singaporean chip designer Eu Gene Goh is an electric-vehicle evangelist with two Teslas in the garage.</p><p>But the car-tech enthusiast is also not ready to give up his S$1.6-million ($1.21 million) McLaren 765LT with a V8 engine capable of hitting 100 km per hour (62 miles per hour) in three seconds.</p><p>The city-state&#39;s bid to stop the purchase of combustion-engine cars from 2030 has bumped up against an entrenched love of supercars, ultra-luxury rides and buyers with enough income to keep them in one of the most expensive places in the world to own a car.</p><p>Singapore&#39;s target of phasing out combustion car sales by 2030 puts it in a small group of countries with that near-term goal, including Iceland, Sweden and the Netherlands, but sales of electric cars in those markets have picked up faster.</p><p>The Singapore government has been pushing electric vehicles (EVs) for two years, offering incentives of up to S$45,000 and expanding the charging network, but take-up by individual buyers will need to vastly accelerate to hit the target.</p><p>EV made up almost 12% of all car sales in Singapore last year, up from almost 4% in 2021, according to the Land Transport Authority.</p><p>Still, EVs represented just 1% of cars on the road, a Reuters analysis of ownership data found. By comparison, combustion sports cars in a city where the Formula 1 Grand Prix is one of the biggest events of the year made up 1.65% of the almost 653,000 registered vehicles.</p><p>In Singapore, a small island with an extensive public transport system, only about 12 cars are owned per 100 people. That compares to 9 per 100 in Hong Kong and 82 in the U.S.</p><p>One factor is price: it costs at least S$88,000 for the right to own a small car for a decade, excluding the vehicle&#39;s cost in Singapore, a system that has driven luxury sales.</p><p>Over the past decade, the number of Ferraris in Singapore has grown by 67% and Lamborghinis by 38%. The number of McLarens has grown more than five-fold to 180 since 2012, the data shows. There are almost five times more Porsches on the road than Teslas.</p><p>&#34;Basically, the entire market has moved upscale,&#34; said Singapore-based transport economist Walter Theseira.</p><p>Singapore&#39;s preference for luxury and performance cars was a function of rising wealth among a cohort of residents while lower-income people were priced out car ownership, he added.</p><p>HSBC estimates 13% of Singaporeans may be millionaires by 2030, the highest share in the world.</p><p><b>Perfect Showcase For EVs</b></p><p>A charity auction of 100 limited-edition &#34;made in Singapore&#34; Hyundai Ioniq 5s earlier this year managed to sell only half of the special-edition EVs embossed with the city&#39;s Merlion mascot.</p><p>Hyundai said it was &#34;encouraged to see the result, considering the unfamiliarity and newness&#34; of the EV, but declined to say how much the auction had raised.</p><p>Markus Schuster, managing director at Audi Singapore, believes EVs will constitute the majority of new car sales as early as 2025 or 2026 as more premium models like Audi&#39;s Q8 e-tron and Q4 e-tron hit the market.</p><p>&#34;As a showcase for EVs, the city is perfect,&#34; he said.</p><p>Singapore drivers average just 30 km a day and do not have the same kind of &#34;range anxiety&#34; as drivers in the U.S. and Europe, Schuster added.</p><p>The government plans to build 60,000 charging points by 2030, up from 1,600 now, which Schuster believes will be a tipping point to achieve the 2030 target.</p><p>Goh, the McLaren owner, is already an EV convert. He loves that he doesn&#39;t have to keep the engine running on school pick-ups and that the cost for charging his Tesla Model 3 last year was under S$700 for 11,000 km of driving.</p><p>&#34;For a daily driver, I wouldn&#39;t go back to a normal petrol car,&#34; he said.</p><p>But Goh is keeping his McLaren for now so he can enjoy the car&#39;s performance on a race track he visits in Malaysia.</p><p>&#34;I like technology and I find supercars, especially McLarens, it&#39;s like taking technology and art and putting it together,&#34; he said. </p><p>($1 = 1.3264 Singapore dollars)</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>Singapore Push for All-EV Future Faces a Love of Crazy, Rich Combustion</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\">\nSingapore Push for All-EV Future Faces a Love of Crazy, Rich Combustion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-24 07:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-push-ev-future-faces-230000792.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singaporean chip designer Eu Gene Goh is an electric-vehicle evangelist with two Teslas in the garage.But the car-tech enthusiast is also not ready to give up his S$1.6-million ($1.21 million) McLaren...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-push-ev-future-faces-230000792.html\">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://finance.yahoo.com/news/singapore-push-ev-future-faces-230000792.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105351613","content_text":"Singaporean chip designer Eu Gene Goh is an electric-vehicle evangelist with two Teslas in the garage.But the car-tech enthusiast is also not ready to give up his S$1.6-million ($1.21 million) McLaren 765LT with a V8 engine capable of hitting 100 km per hour (62 miles per hour) in three seconds.The city-state's bid to stop the purchase of combustion-engine cars from 2030 has bumped up against an entrenched love of supercars, ultra-luxury rides and buyers with enough income to keep them in one of the most expensive places in the world to own a car.Singapore's target of phasing out combustion car sales by 2030 puts it in a small group of countries with that near-term goal, including Iceland, Sweden and the Netherlands, but sales of electric cars in those markets have picked up faster.The Singapore government has been pushing electric vehicles (EVs) for two years, offering incentives of up to S$45,000 and expanding the charging network, but take-up by individual buyers will need to vastly accelerate to hit the target.EV made up almost 12% of all car sales in Singapore last year, up from almost 4% in 2021, according to the Land Transport Authority.Still, EVs represented just 1% of cars on the road, a Reuters analysis of ownership data found. By comparison, combustion sports cars in a city where the Formula 1 Grand Prix is one of the biggest events of the year made up 1.65% of the almost 653,000 registered vehicles.In Singapore, a small island with an extensive public transport system, only about 12 cars are owned per 100 people. That compares to 9 per 100 in Hong Kong and 82 in the U.S.One factor is price: it costs at least S$88,000 for the right to own a small car for a decade, excluding the vehicle's cost in Singapore, a system that has driven luxury sales.Over the past decade, the number of Ferraris in Singapore has grown by 67% and Lamborghinis by 38%. The number of McLarens has grown more than five-fold to 180 since 2012, the data shows. There are almost five times more Porsches on the road than Teslas.\"Basically, the entire market has moved upscale,\" said Singapore-based transport economist Walter Theseira.Singapore's preference for luxury and performance cars was a function of rising wealth among a cohort of residents while lower-income people were priced out car ownership, he added.HSBC estimates 13% of Singaporeans may be millionaires by 2030, the highest share in the world.Perfect Showcase For EVsA charity auction of 100 limited-edition \"made in Singapore\" Hyundai Ioniq 5s earlier this year managed to sell only half of the special-edition EVs embossed with the city's Merlion mascot.Hyundai said it was \"encouraged to see the result, considering the unfamiliarity and newness\" of the EV, but declined to say how much the auction had raised.Markus Schuster, managing director at Audi Singapore, believes EVs will constitute the majority of new car sales as early as 2025 or 2026 as more premium models like Audi's Q8 e-tron and Q4 e-tron hit the market.\"As a showcase for EVs, the city is perfect,\" he said.Singapore drivers average just 30 km a day and do not have the same kind of \"range anxiety\" as drivers in the U.S. and Europe, Schuster added.The government plans to build 60,000 charging points by 2030, up from 1,600 now, which Schuster believes will be a tipping point to achieve the 2030 target.Goh, the McLaren owner, is already an EV convert. He loves that he doesn't have to keep the engine running on school pick-ups and that the cost for charging his Tesla Model 3 last year was under S$700 for 11,000 km of driving.\"For a daily driver, I wouldn't go back to a normal petrol car,\" he said.But Goh is keeping his McLaren for now so he can enjoy the car's performance on a race track he visits in Malaysia.\"I like technology and I find supercars, especially McLarens, it's like taking technology and art and putting it together,\" he said. ($1 = 1.3264 Singapore dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943642274,"gmtCreate":1679442901199,"gmtModify":1679442904941,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":24,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943642274","repostId":"2321670854","repostType":4,"repost":{"id":"2321670854","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":1679428829,"share":"https://ttm.financial/m/news/2321670854?lang=&edition=fundamental","pubTime":"2023-03-22 04:00","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=2321670854","media":"Reuters","summary":"Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking secto","content":"<html><head></head><body><p>Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.</p><p>All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.</p><p>A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.</p><p>But banking stocks bounced back on Tuesday, building on Monday&#39;s reversal. Still, despite its recent resurgence, the S&amp;P banks index has lost nearly 18% of its value just this month.</p><p>Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.</p><p>&#34;The stock market is coming to a recognition that the banking crisis wasn&#39;t a crisis after all, and was isolated to a handful of banks,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. &#34;Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.&#34;</p><p>Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.</p><p>Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee <a href=\"https://laohu8.com/S/FOMC\">$(FOMC)$</a> will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.</p><p>&#34;The Fed will raise interest rates by 25 basis points and the market won&#39;t care,&#34; Pursche added. &#34;It will all be about (Chairman Jerome) Powell&#39;s statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise&#34; can be attributed to bad management on the part of a few banks.</p><p>At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME&#39;s FedWatch tool.</p><p>Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.</p><p>According to preliminary data, the S&amp;P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.</p><p>Shares of <a href=\"https://laohu8.com/S/FRCDL\">First Republic Bank</a> saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> and Western Alliance Bancorp also surged.</p><p>Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.</p><p><img src=\"https://static.tigerbbs.com/b7948a6ab28102cd1434626ac859aa85\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus\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\">2023-03-22 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.</p><p>All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.</p><p>A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.</p><p>But banking stocks bounced back on Tuesday, building on Monday&#39;s reversal. Still, despite its recent resurgence, the S&amp;P banks index has lost nearly 18% of its value just this month.</p><p>Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.</p><p>&#34;The stock market is coming to a recognition that the banking crisis wasn&#39;t a crisis after all, and was isolated to a handful of banks,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. &#34;Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.&#34;</p><p>Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.</p><p>Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee <a href=\"https://laohu8.com/S/FOMC\">$(FOMC)$</a> will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.</p><p>&#34;The Fed will raise interest rates by 25 basis points and the market won&#39;t care,&#34; Pursche added. &#34;It will all be about (Chairman Jerome) Powell&#39;s statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise&#34; can be attributed to bad management on the part of a few banks.</p><p>At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME&#39;s FedWatch tool.</p><p>Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.</p><p>According to preliminary data, the S&amp;P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.</p><p>Shares of <a href=\"https://laohu8.com/S/FRCDL\">First Republic Bank</a> saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> and Western Alliance Bancorp also surged.</p><p>Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.</p><p><img src=\"https://static.tigerbbs.com/b7948a6ab28102cd1434626ac859aa85\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQQQ":"纳指三倍做空ETF",".SPX":"S&P 500 Index","UDOW":"道指三倍做多ETF-ProShares","QID":"纳指两倍做空ETF","DJX":"1/100道琼斯","SDOW":"道指三倍做空ETF-ProShares","DXD":"道指两倍做空ETF","DOG":"道指反向ETF","QLD":"纳指两倍做多ETF","FOMC":"FOMO CORP.","QQQ":"纳指100ETF",".DJI":"道琼斯","PSQ":"纳指反向ETF","DDM":"道指两倍做多ETF",".IXIC":"NASDAQ Composite","TQQQ":"纳指三倍做多ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321670854","content_text":"Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.But banking stocks bounced back on Tuesday, building on Monday's reversal. Still, despite its recent resurgence, the S&P banks index has lost nearly 18% of its value just this month.Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.\"The stock market is coming to a recognition that the banking crisis wasn't a crisis after all, and was isolated to a handful of banks,\" said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. \"Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.\"Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee $(FOMC)$ will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.\"The Fed will raise interest rates by 25 basis points and the market won't care,\" Pursche added. \"It will all be about (Chairman Jerome) Powell's statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise\" can be attributed to bad management on the part of a few banks.At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME's FedWatch tool.Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.According to preliminary data, the S&P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.Shares of First Republic Bank saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers PacWest Bancorp and Western Alliance Bancorp also surged.Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943884344,"gmtCreate":1679354276188,"gmtModify":1679354280343,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943884344","repostId":"2321866663","repostType":4,"repost":{"id":"2321866663","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":1679345699,"share":"https://ttm.financial/m/news/2321866663?lang=&edition=fundamental","pubTime":"2023-03-21 04:54","market":"us","language":"en","title":"US STOCKS-Wall St Ends Higher As Bank Contagion Fears Ease, Fed Eyed","url":"https://stock-news.laohu8.com/highlight/detail?id=2321866663","media":"Reuters","summary":"U.S. stocks jumped on Monday after a deal to rescue Credit Suisse and central bank efforts to bolste","content":"<html><head></head><body><p>U.S. stocks jumped on Monday after a deal to rescue Credit Suisse and central bank efforts to bolster confidence in the financial system relieved investors, while participants also weighed the likelihood of a pause in rate hikes from the Federal Reserve this week.</p><p>UBS late on Sunday agreed to buy rival Credit Suisse for $3.23 billion, in a merger engineered by Swiss authorities to avoid more turmoil in the banking group.</p><p>Also, major central banks moved on Sunday to bolster the flow of cash around the world.</p><p>The S&amp;P Banking index was up 0.6% and the KBW Regional Banking index was up 1.5% following sharp losses last week.</p><p>The collapse of Silicon Valley Bank and <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a> shook markets earlier this month, leading to a rout in banking stocks and worries that central bank monetary tightening would create a recession.</p><p>While some bank shares were still lower on Monday, the weakness appeared to be contained, said Quincy Krosby, chief global strategist at LPL Financial in Charlotte, North Carolina.</p><p>All of the major S&amp;P 500 sectors ended higher, and the Cboe Volatility index - Wall Street&#39;s fear gauge - fell.</p><p>U.S.-listed shares of Credit Suisse were down 53% on Monday, while UBS Group shares rose 3.3%.</p><p>Regional bank <a href=\"https://laohu8.com/S/FRCDL\">First Republic Bank</a>    fell 47.1% following a downgrade by S&amp;P Global and a report of more fundraising that fueled fears about the bank&#39;s liquidity despite a $30 billion rescue last week. Trading in shares of the bank was halted several times due to volatility.</p><p>The Dow Jones Industrial Average rose 382.6 points, or 1.2%, to 32,244.58, the S&amp;P 500 gained 34.93 points, or 0.89%, to 3,951.57 and the Nasdaq Composite added 45.03 points, or 0.39%, to 11,675.54.</p><p>Helping optimism, New York Community Bancorp climbed 31.7% after a unit of the bank agreed to buy deposits and loans from Signature Bank.</p><p>&#34;Where it is another bank coming in, that is the kind of headline that helps underpin confidence in the banking system,&#34; Krosby said. &#34;It helps to halt the panic and fear.&#34;</p><p>Among other regional banks, <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> closed up 10.8% after the bank said deposit outflows had stabilized.</p><p>Investors are also focused on the Fed&#39;s decision when policymakers conclude a two-day meeting on Wednesday. Before the turmoil with the banks earlier this month, many market participants had been factoring in a 50 basis-point interest rate hike from the Fed at its March meeting.</p><p>Fed funds futures now show a 28.4% probability of the Fed holding its overnight rate at 4.5%-4.75%, and a 71.6% likelihood of a 25 basis-point increase, according to CME&#39;s FedWatch Tool.</p><p>Shares of Amazon.com fell 1.3% on the day following the company&#39;s plans to slash another 9,000 jobs.</p><p>Volume on U.S. exchanges was 12.48 billion shares, compared with the 12.60 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.69-to-1 ratio; on Nasdaq, a 1.05-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 1 new 52-week high and 8 new lows; the Nasdaq Composite recorded 33 new highs and 298 new lows.</p><p><img src=\"https://static.tigerbbs.com/1e89d81f730a0441397898e4174df579\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Ends Higher As Bank Contagion Fears Ease, Fed Eyed</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\">\nUS STOCKS-Wall St Ends Higher As Bank Contagion Fears Ease, Fed Eyed\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\">2023-03-21 04:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks jumped on Monday after a deal to rescue Credit Suisse and central bank efforts to bolster confidence in the financial system relieved investors, while participants also weighed the likelihood of a pause in rate hikes from the Federal Reserve this week.</p><p>UBS late on Sunday agreed to buy rival Credit Suisse for $3.23 billion, in a merger engineered by Swiss authorities to avoid more turmoil in the banking group.</p><p>Also, major central banks moved on Sunday to bolster the flow of cash around the world.</p><p>The S&amp;P Banking index was up 0.6% and the KBW Regional Banking index was up 1.5% following sharp losses last week.</p><p>The collapse of Silicon Valley Bank and <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a> shook markets earlier this month, leading to a rout in banking stocks and worries that central bank monetary tightening would create a recession.</p><p>While some bank shares were still lower on Monday, the weakness appeared to be contained, said Quincy Krosby, chief global strategist at LPL Financial in Charlotte, North Carolina.</p><p>All of the major S&amp;P 500 sectors ended higher, and the Cboe Volatility index - Wall Street&#39;s fear gauge - fell.</p><p>U.S.-listed shares of Credit Suisse were down 53% on Monday, while UBS Group shares rose 3.3%.</p><p>Regional bank <a href=\"https://laohu8.com/S/FRCDL\">First Republic Bank</a>    fell 47.1% following a downgrade by S&amp;P Global and a report of more fundraising that fueled fears about the bank&#39;s liquidity despite a $30 billion rescue last week. Trading in shares of the bank was halted several times due to volatility.</p><p>The Dow Jones Industrial Average rose 382.6 points, or 1.2%, to 32,244.58, the S&amp;P 500 gained 34.93 points, or 0.89%, to 3,951.57 and the Nasdaq Composite added 45.03 points, or 0.39%, to 11,675.54.</p><p>Helping optimism, New York Community Bancorp climbed 31.7% after a unit of the bank agreed to buy deposits and loans from Signature Bank.</p><p>&#34;Where it is another bank coming in, that is the kind of headline that helps underpin confidence in the banking system,&#34; Krosby said. &#34;It helps to halt the panic and fear.&#34;</p><p>Among other regional banks, <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> closed up 10.8% after the bank said deposit outflows had stabilized.</p><p>Investors are also focused on the Fed&#39;s decision when policymakers conclude a two-day meeting on Wednesday. Before the turmoil with the banks earlier this month, many market participants had been factoring in a 50 basis-point interest rate hike from the Fed at its March meeting.</p><p>Fed funds futures now show a 28.4% probability of the Fed holding its overnight rate at 4.5%-4.75%, and a 71.6% likelihood of a 25 basis-point increase, according to CME&#39;s FedWatch Tool.</p><p>Shares of Amazon.com fell 1.3% on the day following the company&#39;s plans to slash another 9,000 jobs.</p><p>Volume on U.S. exchanges was 12.48 billion shares, compared with the 12.60 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.69-to-1 ratio; on Nasdaq, a 1.05-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 1 new 52-week high and 8 new lows; the Nasdaq Composite recorded 33 new highs and 298 new lows.</p><p><img src=\"https://static.tigerbbs.com/1e89d81f730a0441397898e4174df579\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPXU":"三倍做空标普500ETF","DDM":"道指两倍做多ETF","SDOW":"道指三倍做空ETF-ProShares","OEF":"标普100指数ETF-iShares","SPY":"标普500ETF","DOG":"道指反向ETF","USB":"美国合众银行","SDS":"两倍做空标普500ETF",".DJI":"道琼斯","OEX":"标普100","IVV":"标普500指数ETF",".IXIC":"NASDAQ Composite","SH":"标普500反向ETF",".SPX":"S&P 500 Index","DXD":"道指两倍做空ETF","UPRO":"三倍做多标普500ETF","UDOW":"道指三倍做多ETF-ProShares","SSO":"两倍做多标普500ETF","DJX":"1/100道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321866663","content_text":"U.S. stocks jumped on Monday after a deal to rescue Credit Suisse and central bank efforts to bolster confidence in the financial system relieved investors, while participants also weighed the likelihood of a pause in rate hikes from the Federal Reserve this week.UBS late on Sunday agreed to buy rival Credit Suisse for $3.23 billion, in a merger engineered by Swiss authorities to avoid more turmoil in the banking group.Also, major central banks moved on Sunday to bolster the flow of cash around the world.The S&P Banking index was up 0.6% and the KBW Regional Banking index was up 1.5% following sharp losses last week.The collapse of Silicon Valley Bank and Signature Bank shook markets earlier this month, leading to a rout in banking stocks and worries that central bank monetary tightening would create a recession.While some bank shares were still lower on Monday, the weakness appeared to be contained, said Quincy Krosby, chief global strategist at LPL Financial in Charlotte, North Carolina.All of the major S&P 500 sectors ended higher, and the Cboe Volatility index - Wall Street's fear gauge - fell.U.S.-listed shares of Credit Suisse were down 53% on Monday, while UBS Group shares rose 3.3%.Regional bank First Republic Bank    fell 47.1% following a downgrade by S&P Global and a report of more fundraising that fueled fears about the bank's liquidity despite a $30 billion rescue last week. Trading in shares of the bank was halted several times due to volatility.The Dow Jones Industrial Average rose 382.6 points, or 1.2%, to 32,244.58, the S&P 500 gained 34.93 points, or 0.89%, to 3,951.57 and the Nasdaq Composite added 45.03 points, or 0.39%, to 11,675.54.Helping optimism, New York Community Bancorp climbed 31.7% after a unit of the bank agreed to buy deposits and loans from Signature Bank.\"Where it is another bank coming in, that is the kind of headline that helps underpin confidence in the banking system,\" Krosby said. \"It helps to halt the panic and fear.\"Among other regional banks, PacWest Bancorp closed up 10.8% after the bank said deposit outflows had stabilized.Investors are also focused on the Fed's decision when policymakers conclude a two-day meeting on Wednesday. Before the turmoil with the banks earlier this month, many market participants had been factoring in a 50 basis-point interest rate hike from the Fed at its March meeting.Fed funds futures now show a 28.4% probability of the Fed holding its overnight rate at 4.5%-4.75%, and a 71.6% likelihood of a 25 basis-point increase, according to CME's FedWatch Tool.Shares of Amazon.com fell 1.3% on the day following the company's plans to slash another 9,000 jobs.Volume on U.S. exchanges was 12.48 billion shares, compared with the 12.60 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 1.69-to-1 ratio; on Nasdaq, a 1.05-to-1 ratio favored advancers.The S&P 500 posted 1 new 52-week high and 8 new lows; the Nasdaq Composite recorded 33 new highs and 298 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943155196,"gmtCreate":1679305034016,"gmtModify":1679305037069,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943155196","repostId":"1116622076","repostType":4,"repost":{"id":"1116622076","kind":"news","pubTimestamp":1679294640,"share":"https://ttm.financial/m/news/1116622076?lang=&edition=fundamental","pubTime":"2023-03-20 14:44","market":"us","language":"en","title":"How Scandal and Mistrust Ended Credit Suisse’s 166-Year History","url":"https://stock-news.laohu8.com/highlight/detail?id=1116622076","media":"Bloomberg","summary":"Credit Suisse Group AG, once one of the stalwarts of the global financial system, is no more.After t","content":"<html><head></head><body><p>Credit Suisse Group AG, once one of the stalwarts of the global financial system, is no more.</p><p>After tense talks over the weekend, UBS Group AG agreed to buy Credit Suisse in an all-share deal for about $3.25 billion, less than the market value of troubled US lender First Republic Bank. The government-brokered sale marks the Swiss bank’s final fall from grace, succumbing to a crisis of confidence that threatened to spread to global financial markets.</p><p>For 166 years, Credit Suisse helped position Switzerland as a linchpin of international finance and went toe-to-toe with Wall Street titans before a steady drumbeat of scandals, legal issues and management upheaval undermined investor confidence. While the decay was years in the making, the end came quickly.</p><p>In the aftermath of the collapse of Silicon Valley Bank last weekend, long-suffering Credit Suisse quickly became a focal point of concern. After top shareholder Saudi National Bank told Bloomberg Television on Wednesday that it would “absolutely not” invest more in the lender, a rout was on.</p><p>A $54 billion financing backstop from the Swiss central bank — sealed in the dead of night on Thursday to calm jitters — failed to become the lifeline Credit Suisse had hoped. With the country’s banking sector at risk, Swiss authorities stepped in to push UBS to become a reluctant white knight.</p><p>The Swiss government “regrets that CS wasn’t able to master its own difficulties — that would have been the best solution,” Finance Minister Karin Keller-Sutter said at a press conference in Bern on Sunday. “Unfortunately, the loss of confidence from the markets and customers was no longer able to be halted.”</p><p>Designated as one of the world’s 30 systemically important banks, Credit Suisse is the biggest casualty of the financial turmoil triggered by central banks as they tighten monetary policy to rein in inflation. While concerns about further contagion are sure to persist, the sale to UBS avoids a disorderly collapse.</p><p>Before the global financial crisis — which Credit Suisse survived without a bailout, unlike many of its peers — the Swiss lender had more than $1 trillion in assets, but after years of decay, they’ve dwindled to about $580 billion, roughly half of UBS’s.</p><p>“Let us be clear, as far as Credit Suisse is concerned, this is an emergency rescue,” said UBS Chairman Colm Kelleher, who will remain in the role after the transaction.</p><p>For Switzerland, the blow could be significant. Home to 243 banking groups and 24 branches of foreign banks, the country’s stability and wealth is largely reliant on the finance industry. The combined assets of UBS and Credit Suisse are roughly double the size of Switzerland’s gross domestic product, and Sunday newspapers from tabloids to broadsheets were filled with stories about the looming demise of a national icon.</p><p>Even as market anxiety intensified, Credit Suisse insiders acted as if they could still control the situation. Although the mood was somber, managers organized town hall meetings to quell employee fears and investment advisers fielded calls from clients to discuss liquidity concerns, according to people with knowledge of the discussions.</p><p>But in its hometown of Zurich, doubts and frustration were growing. Outside its headquarters on the stately Paradeplatz, someone scrawled: “The next bank to go bye bye?” That question was later replaced by expressions of anger and disgust as reality gradually set in.</p><p>Over its history, Credit Suisse financed Alpine railroads and Silicon Valley’s development. It tended the fortunes of Arab royals and Russian oligarchs and tilted at the giants of Wall Street. But it struggled to control risk and consistently make money.</p><p>In recent years, the bank suffered a revolving door of senior management, with each leadership change putting more pressure on performance. The stock has tumbled more than 95% from its pre-financial crisis peak, and the firm was valued at a mere 7.4 billion Swiss francs ($8 billion) at the close on Friday — less than a tenth of the value of Goldman Sachs Group Inc.</p><p>“In Zurich, we’ve had a ring-side seat to this spectacular fiasco in slow-motion,” said Matthew Ruesch, founder and managing partner of Broad Creek Capital, a family office. “We’ve watched the bank lurch from scandal to scandal for so long that it’s hard to recall all of them at this point.”</p><p><b>Burning Bed</b></p><p>The seeds of Credit Suisse’s rise and eventual downfall were sown in the summer of 1990 when then-Chief Executive Officer Rainer Gut saw a chance to take control of the Swiss bank’s US partner, First Boston, for a modest capital injection and backstopping bad loans.</p><p>First Boston had embraced high-yield debt markets during the 1980s and lent billions of dollars to fund risky buyout transactions. The once-lucrative industry had imploded, and one of the most problematic deals was a $457 million loan for the leveraged buyout of Ohio Mattress Co. The failed financing would go down in Wall Street infamy as “the burning bed.”</p><p>In the wake of the takeover, Credit Suisse embraced the same kinds of risky businesses — such as leveraged finance and mortgage-bond trading — that led to the burning bed deal. Subsequent leaders of the Swiss lender pushed through numerous overhauls, eventually dropping the once-proud First Boston name in 2006.</p><p>The takeover was part of an aggressive growth strategy, including acquisitions of Swiss rivals, and the complexity kept growing. After succeeding Gut as CEO, Lukas Muehlemann bought Winterthur Insurance Co. in 1997. The Swiss bank then acquired Donaldson, Lufkin &amp; Jenrette Inc. in 2000, but the deal for the New York-based investment bank turned out to be an expensive misstep, as several of DLJ’s top-producing bankers left for rivals in short order.</p><p>Winterthur was then sold in 2006 by then-CEO Oswald Gruebel, who ran the bank alongside John Mack for a brief stretch. Frequent management changes created strategic turmoil at the top, while adding pressure on the rank and file to generate returns.</p><p><b>Cut and Paste</b></p><p>In 2015, a fraud perpetrated by a private banker who had no clients and no banking experience before joining Credit Suisse was exposed. In the aftermath of the market turmoil of 2008, Patrice Lescaudron — a soft-spoken Frenchman — started surreptitiously dipping into a wealthy client’s account, using the money to try to win back losses for other customers.</p><p>The deceptions were shockingly simple. He cut out the signature from a document, pasted it on trade orders and photocopied them, according to Lescaudron’s own admission. There were red flags along the way, including verbal warnings and written cautions by supervisors in 2008, 2011 and twice in 2013 for breaching compliance policies. And yet Credit Suisse failed to stop him. He was convicted of fraud in 2018 and took his own life in 2020.</p><p>As long as money was flowing, the bank indulged Lescaudron’s bad behavior, according to an independent investigation commissioned by Finma, the Swiss banking regulator, though it stopped short of concluding that the bank knew of the fraud.</p><p><b>Boardroom Spying</b></p><p>In January 2019, a long-festering feud between then-CEO Tidjane Thiam and Iqbal Khan, who ran wealth management and had his sights set on one day leading Credit Suisse, broke out into the open at a dinner in a wealthy suburb on Lake Zurich.</p><p>What started over a disparaging remark by Khan about Thiam’s garden evolved into a lurid corporate scandal, shattering the company’s reputation for discretion and exposing a culture in which personal vanities outweighed ethical and legal boundaries.</p><p>A few weeks after the dinner party, Khan was passed over for promotion and then quit in July. When he later accepted a job at UBS, the move caused concern in Credit Suisse’s top ranks that he might poach key personnel. A private security firm was hired to monitor his activities, but was discovered by Khan in an incident that led to a physical altercation.</p><p>Although the bank rushed to dismiss the embarrassing incident, it was soon revealed that it wasn’t unique. Thiam was forced out in February 2020, with then-Chairman Urs Rohner blaming “a deterioration in terms of trust, reputation and credibility among all our stakeholders.”</p><p>As part of an investigation prompted by the Khan episode, the Swiss banking regulator in October 2021 uncovered five additional cases of surveillance from 2016 to 2019. The toxic atmosphere at the top contributed to damaging operational missteps.</p><p><b>Trading Debacles</b></p><p>In March 2021, Credit Suisse’s trading desk was informed that its biggest client wouldn’t be able to pay the more than $2 billion it owed the next day. Archegos Capital Management, the New York-based investment firm that managed billionaire Bill Hwang’s personal fortune, had spent the previous two days settling up with other lenders after out-sized bets went bad, and there wasn’t enough left for Credit Suisse.</p><p>The news set off a blame game internally, with executives in New York, London and Zurich turning on one another instead of focusing on damage control. Rivals were quicker to sell off Archegos’s collateral, and it took nearly two weeks for Credit Suisse to come up with an initial tally of its exposure: $4.7 billion. It would eventually grow to $5.5 billion, obliterating more than a year’s profit and tipping the bank into the existential tailspin that led to last week’s crisis of confidence.</p><p>Executives were already under fire for failing to protect the bank and wealthy clients from the collapse of a $10 billion suite of funds it ran with now-disgraced financier Lex Greensill. The twin episodes shocked the finance world — but, in hindsight, they were decades in the making.</p><p>The bank’s complexity, culture and controls were to blame for the massive Archegos loss, according to an independent report into the collapse by law firm Paul, Weiss, Rifkind, Wharton &amp; Garrison. Credit Suisse had a “lackadaisical attitude towards risk” and “failed at multiple junctures to take decisive and urgent action,” the report concluded.</p><p>The bank responded with a series of measures to fix the shortcomings and vowed to use the incident as a “turning point for its overall approach to risk management.”</p><p>But time ran out.</p><p><b>Final Plan</b></p><p>In October last year, the new leadership duo of Chairman Axel Lehmann and Chief Executive Officer Ulrich Koerner — who took charge last year after the fallout from the trading debacles — pitched a return to Credit Suisse’s Swiss roots as the best way forward.</p><p>They culled jobs and raised $4 billion in fresh capital. Most importantly, they planned to carve out the investment banking operations and eventually spin off the revived First Boston unit to end a three-decade effort to compete on Wall Street.</p><p>“The new Credit Suisse will definitely be profitable from 2024 onwards,” Koerner said after presenting the restructuring plan. “We do not want to over promise and under deliver, we want to do it the other way around.”</p><p>But the world wasn’t standing still. The end of cheap money was over, the global economy was in turmoil, and investor confidence was scarce — a combination that proved too much for a bank that never really learned its lesson from the global financial crisis.</p><p>“The banking sector isn’t like any other sector,” said John Plassard, investment specialist at Geneva-based Mirabaud. “Once trust is lost, you can’t just rebuild it.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Scandal and Mistrust Ended Credit Suisse’s 166-Year History</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\">\nHow Scandal and Mistrust Ended Credit Suisse’s 166-Year History\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-20 14:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/scandal-mistrust-ended-credit-suisse-210000006.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Credit Suisse Group AG, once one of the stalwarts of the global financial system, is no more.After tense talks over the weekend, UBS Group AG agreed to buy Credit Suisse in an all-share deal for about...</p>\n\n<a href=\"https://finance.yahoo.com/news/scandal-mistrust-ended-credit-suisse-210000006.html\">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://finance.yahoo.com/news/scandal-mistrust-ended-credit-suisse-210000006.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116622076","content_text":"Credit Suisse Group AG, once one of the stalwarts of the global financial system, is no more.After tense talks over the weekend, UBS Group AG agreed to buy Credit Suisse in an all-share deal for about $3.25 billion, less than the market value of troubled US lender First Republic Bank. The government-brokered sale marks the Swiss bank’s final fall from grace, succumbing to a crisis of confidence that threatened to spread to global financial markets.For 166 years, Credit Suisse helped position Switzerland as a linchpin of international finance and went toe-to-toe with Wall Street titans before a steady drumbeat of scandals, legal issues and management upheaval undermined investor confidence. While the decay was years in the making, the end came quickly.In the aftermath of the collapse of Silicon Valley Bank last weekend, long-suffering Credit Suisse quickly became a focal point of concern. After top shareholder Saudi National Bank told Bloomberg Television on Wednesday that it would “absolutely not” invest more in the lender, a rout was on.A $54 billion financing backstop from the Swiss central bank — sealed in the dead of night on Thursday to calm jitters — failed to become the lifeline Credit Suisse had hoped. With the country’s banking sector at risk, Swiss authorities stepped in to push UBS to become a reluctant white knight.The Swiss government “regrets that CS wasn’t able to master its own difficulties — that would have been the best solution,” Finance Minister Karin Keller-Sutter said at a press conference in Bern on Sunday. “Unfortunately, the loss of confidence from the markets and customers was no longer able to be halted.”Designated as one of the world’s 30 systemically important banks, Credit Suisse is the biggest casualty of the financial turmoil triggered by central banks as they tighten monetary policy to rein in inflation. While concerns about further contagion are sure to persist, the sale to UBS avoids a disorderly collapse.Before the global financial crisis — which Credit Suisse survived without a bailout, unlike many of its peers — the Swiss lender had more than $1 trillion in assets, but after years of decay, they’ve dwindled to about $580 billion, roughly half of UBS’s.“Let us be clear, as far as Credit Suisse is concerned, this is an emergency rescue,” said UBS Chairman Colm Kelleher, who will remain in the role after the transaction.For Switzerland, the blow could be significant. Home to 243 banking groups and 24 branches of foreign banks, the country’s stability and wealth is largely reliant on the finance industry. The combined assets of UBS and Credit Suisse are roughly double the size of Switzerland’s gross domestic product, and Sunday newspapers from tabloids to broadsheets were filled with stories about the looming demise of a national icon.Even as market anxiety intensified, Credit Suisse insiders acted as if they could still control the situation. Although the mood was somber, managers organized town hall meetings to quell employee fears and investment advisers fielded calls from clients to discuss liquidity concerns, according to people with knowledge of the discussions.But in its hometown of Zurich, doubts and frustration were growing. Outside its headquarters on the stately Paradeplatz, someone scrawled: “The next bank to go bye bye?” That question was later replaced by expressions of anger and disgust as reality gradually set in.Over its history, Credit Suisse financed Alpine railroads and Silicon Valley’s development. It tended the fortunes of Arab royals and Russian oligarchs and tilted at the giants of Wall Street. But it struggled to control risk and consistently make money.In recent years, the bank suffered a revolving door of senior management, with each leadership change putting more pressure on performance. The stock has tumbled more than 95% from its pre-financial crisis peak, and the firm was valued at a mere 7.4 billion Swiss francs ($8 billion) at the close on Friday — less than a tenth of the value of Goldman Sachs Group Inc.“In Zurich, we’ve had a ring-side seat to this spectacular fiasco in slow-motion,” said Matthew Ruesch, founder and managing partner of Broad Creek Capital, a family office. “We’ve watched the bank lurch from scandal to scandal for so long that it’s hard to recall all of them at this point.”Burning BedThe seeds of Credit Suisse’s rise and eventual downfall were sown in the summer of 1990 when then-Chief Executive Officer Rainer Gut saw a chance to take control of the Swiss bank’s US partner, First Boston, for a modest capital injection and backstopping bad loans.First Boston had embraced high-yield debt markets during the 1980s and lent billions of dollars to fund risky buyout transactions. The once-lucrative industry had imploded, and one of the most problematic deals was a $457 million loan for the leveraged buyout of Ohio Mattress Co. The failed financing would go down in Wall Street infamy as “the burning bed.”In the wake of the takeover, Credit Suisse embraced the same kinds of risky businesses — such as leveraged finance and mortgage-bond trading — that led to the burning bed deal. Subsequent leaders of the Swiss lender pushed through numerous overhauls, eventually dropping the once-proud First Boston name in 2006.The takeover was part of an aggressive growth strategy, including acquisitions of Swiss rivals, and the complexity kept growing. After succeeding Gut as CEO, Lukas Muehlemann bought Winterthur Insurance Co. in 1997. The Swiss bank then acquired Donaldson, Lufkin & Jenrette Inc. in 2000, but the deal for the New York-based investment bank turned out to be an expensive misstep, as several of DLJ’s top-producing bankers left for rivals in short order.Winterthur was then sold in 2006 by then-CEO Oswald Gruebel, who ran the bank alongside John Mack for a brief stretch. Frequent management changes created strategic turmoil at the top, while adding pressure on the rank and file to generate returns.Cut and PasteIn 2015, a fraud perpetrated by a private banker who had no clients and no banking experience before joining Credit Suisse was exposed. In the aftermath of the market turmoil of 2008, Patrice Lescaudron — a soft-spoken Frenchman — started surreptitiously dipping into a wealthy client’s account, using the money to try to win back losses for other customers.The deceptions were shockingly simple. He cut out the signature from a document, pasted it on trade orders and photocopied them, according to Lescaudron’s own admission. There were red flags along the way, including verbal warnings and written cautions by supervisors in 2008, 2011 and twice in 2013 for breaching compliance policies. And yet Credit Suisse failed to stop him. He was convicted of fraud in 2018 and took his own life in 2020.As long as money was flowing, the bank indulged Lescaudron’s bad behavior, according to an independent investigation commissioned by Finma, the Swiss banking regulator, though it stopped short of concluding that the bank knew of the fraud.Boardroom SpyingIn January 2019, a long-festering feud between then-CEO Tidjane Thiam and Iqbal Khan, who ran wealth management and had his sights set on one day leading Credit Suisse, broke out into the open at a dinner in a wealthy suburb on Lake Zurich.What started over a disparaging remark by Khan about Thiam’s garden evolved into a lurid corporate scandal, shattering the company’s reputation for discretion and exposing a culture in which personal vanities outweighed ethical and legal boundaries.A few weeks after the dinner party, Khan was passed over for promotion and then quit in July. When he later accepted a job at UBS, the move caused concern in Credit Suisse’s top ranks that he might poach key personnel. A private security firm was hired to monitor his activities, but was discovered by Khan in an incident that led to a physical altercation.Although the bank rushed to dismiss the embarrassing incident, it was soon revealed that it wasn’t unique. Thiam was forced out in February 2020, with then-Chairman Urs Rohner blaming “a deterioration in terms of trust, reputation and credibility among all our stakeholders.”As part of an investigation prompted by the Khan episode, the Swiss banking regulator in October 2021 uncovered five additional cases of surveillance from 2016 to 2019. The toxic atmosphere at the top contributed to damaging operational missteps.Trading DebaclesIn March 2021, Credit Suisse’s trading desk was informed that its biggest client wouldn’t be able to pay the more than $2 billion it owed the next day. Archegos Capital Management, the New York-based investment firm that managed billionaire Bill Hwang’s personal fortune, had spent the previous two days settling up with other lenders after out-sized bets went bad, and there wasn’t enough left for Credit Suisse.The news set off a blame game internally, with executives in New York, London and Zurich turning on one another instead of focusing on damage control. Rivals were quicker to sell off Archegos’s collateral, and it took nearly two weeks for Credit Suisse to come up with an initial tally of its exposure: $4.7 billion. It would eventually grow to $5.5 billion, obliterating more than a year’s profit and tipping the bank into the existential tailspin that led to last week’s crisis of confidence.Executives were already under fire for failing to protect the bank and wealthy clients from the collapse of a $10 billion suite of funds it ran with now-disgraced financier Lex Greensill. The twin episodes shocked the finance world — but, in hindsight, they were decades in the making.The bank’s complexity, culture and controls were to blame for the massive Archegos loss, according to an independent report into the collapse by law firm Paul, Weiss, Rifkind, Wharton & Garrison. Credit Suisse had a “lackadaisical attitude towards risk” and “failed at multiple junctures to take decisive and urgent action,” the report concluded.The bank responded with a series of measures to fix the shortcomings and vowed to use the incident as a “turning point for its overall approach to risk management.”But time ran out.Final PlanIn October last year, the new leadership duo of Chairman Axel Lehmann and Chief Executive Officer Ulrich Koerner — who took charge last year after the fallout from the trading debacles — pitched a return to Credit Suisse’s Swiss roots as the best way forward.They culled jobs and raised $4 billion in fresh capital. Most importantly, they planned to carve out the investment banking operations and eventually spin off the revived First Boston unit to end a three-decade effort to compete on Wall Street.“The new Credit Suisse will definitely be profitable from 2024 onwards,” Koerner said after presenting the restructuring plan. “We do not want to over promise and under deliver, we want to do it the other way around.”But the world wasn’t standing still. The end of cheap money was over, the global economy was in turmoil, and investor confidence was scarce — a combination that proved too much for a bank that never really learned its lesson from the global financial crisis.“The banking sector isn’t like any other sector,” said John Plassard, investment specialist at Geneva-based Mirabaud. “Once trust is lost, you can’t just rebuild it.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943074799,"gmtCreate":1679010386811,"gmtModify":1679010388993,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943074799","repostId":"2319339437","repostType":4,"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949759890,"gmtCreate":1678920813610,"gmtModify":1678920817023,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949759890","repostId":"1140996894","repostType":4,"repost":{"id":"1140996894","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":1678887067,"share":"https://ttm.financial/m/news/1140996894?lang=&edition=fundamental","pubTime":"2023-03-15 21:31","market":"us","language":"en","title":"Dow Falls 500 Points as Credit Suisse Adds Pressure to Already Troubled Banking Sector","url":"https://stock-news.laohu8.com/highlight/detail?id=1140996894","media":"Tiger Newspress","summary":"Stock fell on Wednesday as pressure on the financial sector increased with shares of Credit Suisse, ","content":"<html><head></head><body><p>Stock fell on Wednesday as pressure on the financial sector increased with shares of Credit Suisse, a Swiss Bank that has large U.S. and global operations, tumbling more than 25%.</p><p>The Dow Jones Industrial Averagefell 525 points, or 1.6%, while theNasdaq Compositelost 1.4%. The 1.8% slide inS&amp;P 500 futuresput the broad index&#39;s 2.1% year-to-date gain at risk.</p><p>In recent days, a crisis in the financial sector has centered around regional banks as Silicon Valley Bank and Signature Bank collapsed, both casualties of poor management in the face of eight interest rate hikes by the Federal Reserve in the last 12 months. Wednesday morning attention turned to the big banks with shares of Credit Suissehitting an all-time low.</p><p>Saudi National Bank, Credit Suisse’s largest investor, said Wednesday it could not provide any more funding, according to a Reuters report. This comes after the Swiss lender said earlier this weekit had found“certain material weaknesses in our internal control over financial reporting” for the years 2021 and 2022.</p><p>U.S.-traded shares ofCredit Suissedropped more than 27% in the premarket.</p><p>As Credit Suissedragged down the European Bank sector, U.S. big bank shares declined in sympathy.CitigroupandWells Fargoshed nearly 5% each, whileGoldman SachsandBank of Americafell around 3% and 4%, respectively.The Financial Select Sector SPDR Fund (XLF)lost 3.4% in premarket trading, giving up its 2% pop on Tuesday.</p><p>Regional banks, which rebounded Tuesday to lift sentiment for the broader market, fell back into the red again. TheSPDR S&amp;P Regional Banking ETF (KRE)was down 4.6% in the premarket, led by losses inOld National Bancorp,Zions BancorpandFifth Third Bancorp. Despite clinging to gains earlier in extended trading,First Republic Banktumbled 22%.</p><p>Peter Boockvar of Bleakley Financial Group said pressure on the financial sector was growing broadly because the bank failures have changed the mindset of the industry.</p><p>“What this is telling us is there’s the potential for just a large credit extension contraction that banks are going to embark on [to] focus more on firming up balance sheets and rather than focus on lending,” Boockvar said to CNBC’s“Squawk Box.”</p><p>“It’s a balance sheet rethink that the market’s have” Boockvar added, citing that many banks may have bought longer maturity bonds that have reduced in value since the Fed started raising rates. “Also you have to wonder with a lot of these banks if they’re going to have to start going out and raising equity.”</p><p>The producer price indexposted an unexpected declineof 0.1% in February from the prior month, cooling despite economists polled by Dow Jones estimating a 0.3% increase from January. Retail sales also fell 0.4% in February from January, in line with economists expectations.</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 Falls 500 Points as Credit Suisse Adds Pressure to Already Troubled Banking Sector</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 Falls 500 Points as Credit Suisse Adds Pressure to Already Troubled Banking Sector\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\">2023-03-15 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stock fell on Wednesday as pressure on the financial sector increased with shares of Credit Suisse, a Swiss Bank that has large U.S. and global operations, tumbling more than 25%.</p><p>The Dow Jones Industrial Averagefell 525 points, or 1.6%, while theNasdaq Compositelost 1.4%. The 1.8% slide inS&amp;P 500 futuresput the broad index&#39;s 2.1% year-to-date gain at risk.</p><p>In recent days, a crisis in the financial sector has centered around regional banks as Silicon Valley Bank and Signature Bank collapsed, both casualties of poor management in the face of eight interest rate hikes by the Federal Reserve in the last 12 months. Wednesday morning attention turned to the big banks with shares of Credit Suissehitting an all-time low.</p><p>Saudi National Bank, Credit Suisse’s largest investor, said Wednesday it could not provide any more funding, according to a Reuters report. This comes after the Swiss lender said earlier this weekit had found“certain material weaknesses in our internal control over financial reporting” for the years 2021 and 2022.</p><p>U.S.-traded shares ofCredit Suissedropped more than 27% in the premarket.</p><p>As Credit Suissedragged down the European Bank sector, U.S. big bank shares declined in sympathy.CitigroupandWells Fargoshed nearly 5% each, whileGoldman SachsandBank of Americafell around 3% and 4%, respectively.The Financial Select Sector SPDR Fund (XLF)lost 3.4% in premarket trading, giving up its 2% pop on Tuesday.</p><p>Regional banks, which rebounded Tuesday to lift sentiment for the broader market, fell back into the red again. TheSPDR S&amp;P Regional Banking ETF (KRE)was down 4.6% in the premarket, led by losses inOld National Bancorp,Zions BancorpandFifth Third Bancorp. Despite clinging to gains earlier in extended trading,First Republic Banktumbled 22%.</p><p>Peter Boockvar of Bleakley Financial Group said pressure on the financial sector was growing broadly because the bank failures have changed the mindset of the industry.</p><p>“What this is telling us is there’s the potential for just a large credit extension contraction that banks are going to embark on [to] focus more on firming up balance sheets and rather than focus on lending,” Boockvar said to CNBC’s“Squawk Box.”</p><p>“It’s a balance sheet rethink that the market’s have” Boockvar added, citing that many banks may have bought longer maturity bonds that have reduced in value since the Fed started raising rates. “Also you have to wonder with a lot of these banks if they’re going to have to start going out and raising equity.”</p><p>The producer price indexposted an unexpected declineof 0.1% in February from the prior month, cooling despite economists polled by Dow Jones estimating a 0.3% increase from January. Retail sales also fell 0.4% in February from January, in line with economists expectations.</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":"1140996894","content_text":"Stock fell on Wednesday as pressure on the financial sector increased with shares of Credit Suisse, a Swiss Bank that has large U.S. and global operations, tumbling more than 25%.The Dow Jones Industrial Averagefell 525 points, or 1.6%, while theNasdaq Compositelost 1.4%. The 1.8% slide inS&P 500 futuresput the broad index's 2.1% year-to-date gain at risk.In recent days, a crisis in the financial sector has centered around regional banks as Silicon Valley Bank and Signature Bank collapsed, both casualties of poor management in the face of eight interest rate hikes by the Federal Reserve in the last 12 months. Wednesday morning attention turned to the big banks with shares of Credit Suissehitting an all-time low.Saudi National Bank, Credit Suisse’s largest investor, said Wednesday it could not provide any more funding, according to a Reuters report. This comes after the Swiss lender said earlier this weekit had found“certain material weaknesses in our internal control over financial reporting” for the years 2021 and 2022.U.S.-traded shares ofCredit Suissedropped more than 27% in the premarket.As Credit Suissedragged down the European Bank sector, U.S. big bank shares declined in sympathy.CitigroupandWells Fargoshed nearly 5% each, whileGoldman SachsandBank of Americafell around 3% and 4%, respectively.The Financial Select Sector SPDR Fund (XLF)lost 3.4% in premarket trading, giving up its 2% pop on Tuesday.Regional banks, which rebounded Tuesday to lift sentiment for the broader market, fell back into the red again. TheSPDR S&P Regional Banking ETF (KRE)was down 4.6% in the premarket, led by losses inOld National Bancorp,Zions BancorpandFifth Third Bancorp. Despite clinging to gains earlier in extended trading,First Republic Banktumbled 22%.Peter Boockvar of Bleakley Financial Group said pressure on the financial sector was growing broadly because the bank failures have changed the mindset of the industry.“What this is telling us is there’s the potential for just a large credit extension contraction that banks are going to embark on [to] focus more on firming up balance sheets and rather than focus on lending,” Boockvar said to CNBC’s“Squawk Box.”“It’s a balance sheet rethink that the market’s have” Boockvar added, citing that many banks may have bought longer maturity bonds that have reduced in value since the Fed started raising rates. “Also you have to wonder with a lot of these banks if they’re going to have to start going out and raising equity.”The producer price indexposted an unexpected declineof 0.1% in February from the prior month, cooling despite economists polled by Dow Jones estimating a 0.3% increase from January. Retail sales also fell 0.4% in February from January, in line with economists expectations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949759935,"gmtCreate":1678920786627,"gmtModify":1678920789943,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949759935","repostId":"1155777033","repostType":4,"repost":{"id":"1155777033","kind":"news","pubTimestamp":1678890355,"share":"https://ttm.financial/m/news/1155777033?lang=&edition=fundamental","pubTime":"2023-03-15 22:25","market":"us","language":"en","title":"Top Calls on Wall Street: Charles Schwab, Western Alliance, Harley-Davidson and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1155777033","media":"TheFly","summary":"Top 5 Upgrades:Credit Suisse upgraded Charles Schwab (SCHW) to Outperform from Neutral with a price ","content":"<html><head></head><body><h2>Top 5 Upgrades:</h2><ul><li>Credit Suisse upgraded <b>Charles Schwab</b> (SCHW) to Outperform from Neutral with a price target of $67.50, down from $81.50. The analyst sees &#34;attractive upside&#34; the firm&#39;s revised sum-of-the-parts valuation of $67.50 per share.</li><li>UBS upgraded <b>Jack Henry</b> (JKHY) to Buy from Neutral with an $184 price target. The recent selloff tied to fears of U.S. bank failure contagion are overblown despite Jack Henry&#39;s direct exposure to financial institutions, the analyst tells investors in a research note.</li><li>Citi upgraded <b>Truist Financial</b> (TFC) to Buy from Neutral with an unchanged price target of $52. The bear thesis is all about high held to maturity losses relative to the equity, but this &#34;flawed,&#34; the analyst said.</li><li>JPMorgan upgraded <b>Baker Hughes</b> (BKR) to Overweight from Neutral with a $32 price target. Despite the company&#39;s leverage to liquified natural gas and the strength in upstream spending fundamentals, Baker shares have meaningfully lagged peers since the beginning of 2022, the firm said.</li><li>Jefferies upgraded <b>Harley-Davidson</b> (HOG) to Hold from Underperform with an unchanged price target of $39. The analyst sees a more balanced risk/reward with the shares at the price target.</li></ul><h2>Top 5 Downgrades:</h2><ul><li>Canaccord downgraded <b>Q2 Holdings</b> (QTWO) to Hold from Buy with a price target of $25, down from $60. Despite what the firm sees as an ongoing urgent need for technology investment by the banking sector, the regional banking sector could come under more pressure over the coming months following the collapses of Silicon Valley (SIVB) and Signature Bank (SBNY), the analyst tells investors.</li><li>Oppenheimer downgraded <b>Vacasa</b> (VCSA) to Perform from Outperform without a price target. The firm cites elevated churn causing management to guide for declining 2023 revenue for the downgrade, the analyst said.</li><li>SVB Securities downgraded <b>Decibel Therapeutics</b> (DBTX) to Market Perform from Outperform with a price target of $2, down from $7. The firm cites uncertainty for the partnering opportunity for DB-020 and broader concerns regarding cash burn and runway for the downgrade,</li><li>Loop Capital downgraded <b>Porch Group</b> (PRCH) to Hold from Buy with a price target of $2, down from $4. The analyst cites the company&#39;s &#34;middling&#34; Q4 results with a miss in earnings and revenue, though its adjusted EBITDA was &#34;more or less in line.&#34;</li><li>Piper Sandler downgraded <b>Traeger </b>(COOK) to Neutral from Overweight with a price target of $4, down from $6, ahead of the Q4 earnings report on Thursday. The firm says elevated grill inventory at retail likely creates a promotional environment in 2023.</li></ul><h2>Top 5 Initiations:</h2><ul><li>JPMorgan initiated coverage of <b>SS&amp;C</b> (SSNC) with an Overweight rating and $68 price target. The company has an &#34;unexciting&#34; organic growth profile, but it is highly cash generative and offers 5% shareholder remuneration, the analyst tells investors in a research note.</li><li>Needham initiated coverage of <b>ShockWave Medical</b> (SWAV) with a Buy rating and $240 price target. ShockWave&#39;s intravascular lithotripsy technology has democratized the treatment of calcified lesions and opened an $8.5B-plus market that is only 6% penetrated, the firm said.</li><li>DA Davidson initiated coverage of <b>Amplitude</b> (AMPL) with a Neutral rating and $13 price target. The stock offers a &#34;compelling&#34; and &#34;under-appreciated&#34; way to invest in the Digital Transformation mega-trend, but  its neutral stance reflects the hesitation around the the potential for short-term disruption from the unwinding of Silicon Valley Bank. the analyst tells investors in a research note.</li><li>Jefferies initiated coverage of <b>Vitesse</b> (VTS) with a Buy rating and $23 price target. The non-operated E&amp;P operates like it is private, &#34;scrutinizing every cost,&#34; with a commitment to returning the majority of its free cash flow to shareholders through a dividend and also has about a 35 year inventory life with low financial leverage, the firm said.</li><li>UBS initiated coverage of <b>Western Alliance</b> (WAL) with a Buy rating and $85 price target. The firm thinks the market is &#34;mispricing&#34; the bank&#39;s earning power as the current multiple implies about $4.00 of EPS in 2024 while the firm projects $10.93.</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: Charles Schwab, Western Alliance, Harley-Davidson 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: Charles Schwab, Western Alliance, Harley-Davidson and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-15 22:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thefly.com/landingPageNews.php?id=3680430&headline=SCHW;JKHY;TFC;BKR;QTWO;VCSA;AMPL;SWAV;DBTX;PRCH;HOG;VTS;COOK;WAL-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:Credit Suisse upgraded Charles Schwab (SCHW) to Outperform from Neutral with a price target of $67.50, down from $81.50. The analyst sees \"attractive upside\" the firm's revised sum-of-...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=3680430&headline=SCHW;JKHY;TFC;BKR;QTWO;VCSA;AMPL;SWAV;DBTX;PRCH;HOG;VTS;COOK;WAL-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":{"WAL":"阿莱恩斯西部银行","HOG":"哈雷戴维森","SCHW":"嘉信理财"},"source_url":"https://thefly.com/landingPageNews.php?id=3680430&headline=SCHW;JKHY;TFC;BKR;QTWO;VCSA;AMPL;SWAV;DBTX;PRCH;HOG;VTS;COOK;WAL-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":"1155777033","content_text":"Top 5 Upgrades:Credit Suisse upgraded Charles Schwab (SCHW) to Outperform from Neutral with a price target of $67.50, down from $81.50. The analyst sees \"attractive upside\" the firm's revised sum-of-the-parts valuation of $67.50 per share.UBS upgraded Jack Henry (JKHY) to Buy from Neutral with an $184 price target. The recent selloff tied to fears of U.S. bank failure contagion are overblown despite Jack Henry's direct exposure to financial institutions, the analyst tells investors in a research note.Citi upgraded Truist Financial (TFC) to Buy from Neutral with an unchanged price target of $52. The bear thesis is all about high held to maturity losses relative to the equity, but this \"flawed,\" the analyst said.JPMorgan upgraded Baker Hughes (BKR) to Overweight from Neutral with a $32 price target. Despite the company's leverage to liquified natural gas and the strength in upstream spending fundamentals, Baker shares have meaningfully lagged peers since the beginning of 2022, the firm said.Jefferies upgraded Harley-Davidson (HOG) to Hold from Underperform with an unchanged price target of $39. The analyst sees a more balanced risk/reward with the shares at the price target.Top 5 Downgrades:Canaccord downgraded Q2 Holdings (QTWO) to Hold from Buy with a price target of $25, down from $60. Despite what the firm sees as an ongoing urgent need for technology investment by the banking sector, the regional banking sector could come under more pressure over the coming months following the collapses of Silicon Valley (SIVB) and Signature Bank (SBNY), the analyst tells investors.Oppenheimer downgraded Vacasa (VCSA) to Perform from Outperform without a price target. The firm cites elevated churn causing management to guide for declining 2023 revenue for the downgrade, the analyst said.SVB Securities downgraded Decibel Therapeutics (DBTX) to Market Perform from Outperform with a price target of $2, down from $7. The firm cites uncertainty for the partnering opportunity for DB-020 and broader concerns regarding cash burn and runway for the downgrade,Loop Capital downgraded Porch Group (PRCH) to Hold from Buy with a price target of $2, down from $4. The analyst cites the company's \"middling\" Q4 results with a miss in earnings and revenue, though its adjusted EBITDA was \"more or less in line.\"Piper Sandler downgraded Traeger (COOK) to Neutral from Overweight with a price target of $4, down from $6, ahead of the Q4 earnings report on Thursday. The firm says elevated grill inventory at retail likely creates a promotional environment in 2023.Top 5 Initiations:JPMorgan initiated coverage of SS&C (SSNC) with an Overweight rating and $68 price target. The company has an \"unexciting\" organic growth profile, but it is highly cash generative and offers 5% shareholder remuneration, the analyst tells investors in a research note.Needham initiated coverage of ShockWave Medical (SWAV) with a Buy rating and $240 price target. ShockWave's intravascular lithotripsy technology has democratized the treatment of calcified lesions and opened an $8.5B-plus market that is only 6% penetrated, the firm said.DA Davidson initiated coverage of Amplitude (AMPL) with a Neutral rating and $13 price target. The stock offers a \"compelling\" and \"under-appreciated\" way to invest in the Digital Transformation mega-trend, but  its neutral stance reflects the hesitation around the the potential for short-term disruption from the unwinding of Silicon Valley Bank. the analyst tells investors in a research note.Jefferies initiated coverage of Vitesse (VTS) with a Buy rating and $23 price target. The non-operated E&P operates like it is private, \"scrutinizing every cost,\" with a commitment to returning the majority of its free cash flow to shareholders through a dividend and also has about a 35 year inventory life with low financial leverage, the firm said.UBS initiated coverage of Western Alliance (WAL) with a Buy rating and $85 price target. The firm thinks the market is \"mispricing\" the bank's earning power as the current multiple implies about $4.00 of EPS in 2024 while the firm projects $10.93.","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9940836634,"gmtCreate":1677802613529,"gmtModify":1677802616971,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":19,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9940836634","repostId":"2316960400","repostType":4,"repost":{"id":"2316960400","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":1677797923,"share":"https://ttm.financial/m/news/2316960400?lang=&edition=fundamental","pubTime":"2023-03-03 06:58","market":"us","language":"en","title":"U.S. Stocks Gain As Bostic Backs Quarter-Point Hike and Touts Summer Pause","url":"https://stock-news.laohu8.com/highlight/detail?id=2316960400","media":"Reuters","summary":"10-yr Treasury yield holds above 4%Salesforce poised for biggest daily pct gain since August 2020Wee","content":"<html><head></head><body><ul><li>10-yr Treasury yield holds above 4%</li><li>Salesforce poised for biggest daily pct gain since August 2020</li><li>Weekly jobless claims fall more than expected</li><li>Dow up 1.05%, S&amp;P 500 up 0.76%, Nasdaq up 0.73%</li></ul><p><img src=\"https://static.tigerbbs.com/33967626775041ea9a89c9d69c051002\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, March 2 (Reuters) - U.S. stocks rallied on Thursday, as Treasury yields pulled back from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favored path of interest rate hikes for the central bank.</p><p>Bostic said the central bank could be in a position to pause rate hikes sometime this summer.</p><p>In an argument for quarter-point hikes, Bostic said he favored &#34;slow and steady&#34; as the appropriate course of action for the Fed, as the impact of higher interest rates may only start to be felt in the spring.</p><p>The yield on 10-year Treasury notes had earlier touched a fresh four-month high of 4.091% after data showed the number of Americans filing new unemployment claims fell again last week, indicating continued strength in the labor market, while a separate report showed U.S. labor costs grew faster than initially thought in the fourth quarter. The 10-year yield was last up 6.7 basis points to 4.064%.</p><p>The two-year  U.S. Treasury yield, which typically moves in step with interest rate expectations, was down 0.4 basis points at 4.885% after earlier touching a fresh 15-year high at 4.944%.</p><p>&#34;Bostic has been a little bit more hawkish so the fact that he basically said 25 was comforting because he has been on the hawkish end of hawkish people,&#34; said Rhys Williams, chief strategist at Spouting Rock Asset Management in Bryn Mawr, Pennsylvania.</p><p>&#34;The Fed is not crazy, they understand monetary policy works with a lag, so you are just starting to see now the impact of the first rate hikes, let alone the other 400 basis points they did.&#34;</p><p>The Dow Jones Industrial Average    rose 341.73 points, or 1.05%, to 33,003.57, the S&amp;P 500    gained 29.96 points, or 0.76%, to 3,981.35 and the Nasdaq Composite    added 83.50 points, or 0.73%, to 11,462.98.</p><p>Fed funds futures tied to the Fed&#39;s policy rate see about an even chance that the rate will get to a range of 5.5%-5.75% by September, from the current range of 4.5%-4.75%.</p><p>At the closing bell, Fed Governor Christopher Waller said a string of &#34;hot&#34; data may force the U.S. central bank to raise rates higher than the 5.1%-5.4% range projected by the majority of Federal Reserve policymakers as recently as December.</p><p>Monthly payrolls and consumer prices data in the coming days will offer investors more clues on how aggressive the central bank may be heading into the Fed&#39;s March 21-22 meeting, where it is currently expected to raise rates by 25 basis points.</p><p>The S&amp;P 500 was trading just above its 200-day moving average of about 3,940, seen as a key support level by traders, after briefly falling below it for the first time since Jan. 25 earlier in the session.</p><p>Salesforce Inc    soared 11.50% to notch its biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day percentage gain since August 2020, after the cloud-based software firm forecast first-quarter revenue above analysts&#39; estimates and doubled its share buyback to $20 billion.</p><p>Tesla Inc    fell 5.85% after Chief Executive Elon Musk and team&#39;s four-hour presentation failed to impress investors with few details on its plan to unveil an affordable electric vehicle.</p><p>Macy&#39;s Inc    jumped 11.11% after the department store operator forecast full-year profit above Wall Street estimates,</p><p><a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a>    plunged 57.72% after the crypto-focused lender delayed its annual report and said it was evaluating its ability to operate as a going concern.</p><p>Volume on U.S. exchanges was 11.15 billion shares, compared with the 11.46 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.19-to-1 ratio; on Nasdaq, a 1.10-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 10 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 80 new highs and 153 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks Gain As Bostic Backs Quarter-Point Hike and Touts Summer Pause</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks Gain As Bostic Backs Quarter-Point Hike and Touts Summer Pause\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\">2023-03-03 06:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>10-yr Treasury yield holds above 4%</li><li>Salesforce poised for biggest daily pct gain since August 2020</li><li>Weekly jobless claims fall more than expected</li><li>Dow up 1.05%, S&amp;P 500 up 0.76%, Nasdaq up 0.73%</li></ul><p><img src=\"https://static.tigerbbs.com/33967626775041ea9a89c9d69c051002\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, March 2 (Reuters) - U.S. stocks rallied on Thursday, as Treasury yields pulled back from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favored path of interest rate hikes for the central bank.</p><p>Bostic said the central bank could be in a position to pause rate hikes sometime this summer.</p><p>In an argument for quarter-point hikes, Bostic said he favored &#34;slow and steady&#34; as the appropriate course of action for the Fed, as the impact of higher interest rates may only start to be felt in the spring.</p><p>The yield on 10-year Treasury notes had earlier touched a fresh four-month high of 4.091% after data showed the number of Americans filing new unemployment claims fell again last week, indicating continued strength in the labor market, while a separate report showed U.S. labor costs grew faster than initially thought in the fourth quarter. The 10-year yield was last up 6.7 basis points to 4.064%.</p><p>The two-year  U.S. Treasury yield, which typically moves in step with interest rate expectations, was down 0.4 basis points at 4.885% after earlier touching a fresh 15-year high at 4.944%.</p><p>&#34;Bostic has been a little bit more hawkish so the fact that he basically said 25 was comforting because he has been on the hawkish end of hawkish people,&#34; said Rhys Williams, chief strategist at Spouting Rock Asset Management in Bryn Mawr, Pennsylvania.</p><p>&#34;The Fed is not crazy, they understand monetary policy works with a lag, so you are just starting to see now the impact of the first rate hikes, let alone the other 400 basis points they did.&#34;</p><p>The Dow Jones Industrial Average    rose 341.73 points, or 1.05%, to 33,003.57, the S&amp;P 500    gained 29.96 points, or 0.76%, to 3,981.35 and the Nasdaq Composite    added 83.50 points, or 0.73%, to 11,462.98.</p><p>Fed funds futures tied to the Fed&#39;s policy rate see about an even chance that the rate will get to a range of 5.5%-5.75% by September, from the current range of 4.5%-4.75%.</p><p>At the closing bell, Fed Governor Christopher Waller said a string of &#34;hot&#34; data may force the U.S. central bank to raise rates higher than the 5.1%-5.4% range projected by the majority of Federal Reserve policymakers as recently as December.</p><p>Monthly payrolls and consumer prices data in the coming days will offer investors more clues on how aggressive the central bank may be heading into the Fed&#39;s March 21-22 meeting, where it is currently expected to raise rates by 25 basis points.</p><p>The S&amp;P 500 was trading just above its 200-day moving average of about 3,940, seen as a key support level by traders, after briefly falling below it for the first time since Jan. 25 earlier in the session.</p><p>Salesforce Inc    soared 11.50% to notch its biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day percentage gain since August 2020, after the cloud-based software firm forecast first-quarter revenue above analysts&#39; estimates and doubled its share buyback to $20 billion.</p><p>Tesla Inc    fell 5.85% after Chief Executive Elon Musk and team&#39;s four-hour presentation failed to impress investors with few details on its plan to unveil an affordable electric vehicle.</p><p>Macy&#39;s Inc    jumped 11.11% after the department store operator forecast full-year profit above Wall Street estimates,</p><p><a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a>    plunged 57.72% after the crypto-focused lender delayed its annual report and said it was evaluating its ability to operate as a going concern.</p><p>Volume on U.S. exchanges was 11.15 billion shares, compared with the 11.46 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.19-to-1 ratio; on Nasdaq, a 1.10-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 10 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 80 new highs and 153 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2063271972.USD":"富兰克林创新领域基金","BK4567":"ESG概念","DJX":"1/100道琼斯","BK4585":"ETF&股票定投概念","BK4082":"医疗保健设备","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1046421795.USD":"富达环球科技A-ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","BK4504":"桥水持仓","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","IVV":"标普500指数ETF","SH":"标普500反向ETF","BK4550":"红杉资本持仓","BK4588":"碎股","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","DXD":"道指两倍做空ETF","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","UDOW":"道指三倍做多ETF-ProShares","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","BK4551":"寇图资本持仓","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4511":"特斯拉概念","BK4561":"索罗斯持仓",".DJI":"道琼斯","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","SANA":"Sana Biotechnology, Inc.","SPXU":"三倍做空标普500ETF",".IXIC":"NASDAQ Composite","LU0823411888.USD":"法巴消费创新基金 Cap","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","OEX":"标普100",".SPX":"S&P 500 Index","CGEM":"Cullinan Therapeutics","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4548":"巴美列捷福持仓","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","BK4099":"汽车制造商","SDOW":"道指三倍做空ETF-ProShares","BK4528":"SaaS概念","OEF":"标普100指数ETF-iShares","SPY":"标普500ETF","DOG":"道指反向ETF","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","SDS":"两倍做空标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2316960400","content_text":"10-yr Treasury yield holds above 4%Salesforce poised for biggest daily pct gain since August 2020Weekly jobless claims fall more than expectedDow up 1.05%, S&P 500 up 0.76%, Nasdaq up 0.73%NEW YORK, March 2 (Reuters) - U.S. stocks rallied on Thursday, as Treasury yields pulled back from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favored path of interest rate hikes for the central bank.Bostic said the central bank could be in a position to pause rate hikes sometime this summer.In an argument for quarter-point hikes, Bostic said he favored \"slow and steady\" as the appropriate course of action for the Fed, as the impact of higher interest rates may only start to be felt in the spring.The yield on 10-year Treasury notes had earlier touched a fresh four-month high of 4.091% after data showed the number of Americans filing new unemployment claims fell again last week, indicating continued strength in the labor market, while a separate report showed U.S. labor costs grew faster than initially thought in the fourth quarter. The 10-year yield was last up 6.7 basis points to 4.064%.The two-year  U.S. Treasury yield, which typically moves in step with interest rate expectations, was down 0.4 basis points at 4.885% after earlier touching a fresh 15-year high at 4.944%.\"Bostic has been a little bit more hawkish so the fact that he basically said 25 was comforting because he has been on the hawkish end of hawkish people,\" said Rhys Williams, chief strategist at Spouting Rock Asset Management in Bryn Mawr, Pennsylvania.\"The Fed is not crazy, they understand monetary policy works with a lag, so you are just starting to see now the impact of the first rate hikes, let alone the other 400 basis points they did.\"The Dow Jones Industrial Average    rose 341.73 points, or 1.05%, to 33,003.57, the S&P 500    gained 29.96 points, or 0.76%, to 3,981.35 and the Nasdaq Composite    added 83.50 points, or 0.73%, to 11,462.98.Fed funds futures tied to the Fed's policy rate see about an even chance that the rate will get to a range of 5.5%-5.75% by September, from the current range of 4.5%-4.75%.At the closing bell, Fed Governor Christopher Waller said a string of \"hot\" data may force the U.S. central bank to raise rates higher than the 5.1%-5.4% range projected by the majority of Federal Reserve policymakers as recently as December.Monthly payrolls and consumer prices data in the coming days will offer investors more clues on how aggressive the central bank may be heading into the Fed's March 21-22 meeting, where it is currently expected to raise rates by 25 basis points.The S&P 500 was trading just above its 200-day moving average of about 3,940, seen as a key support level by traders, after briefly falling below it for the first time since Jan. 25 earlier in the session.Salesforce Inc    soared 11.50% to notch its biggest one-day percentage gain since August 2020, after the cloud-based software firm forecast first-quarter revenue above analysts' estimates and doubled its share buyback to $20 billion.Tesla Inc    fell 5.85% after Chief Executive Elon Musk and team's four-hour presentation failed to impress investors with few details on its plan to unveil an affordable electric vehicle.Macy's Inc    jumped 11.11% after the department store operator forecast full-year profit above Wall Street estimates,Silvergate Capital    plunged 57.72% after the crypto-focused lender delayed its annual report and said it was evaluating its ability to operate as a going concern.Volume on U.S. exchanges was 11.15 billion shares, compared with the 11.46 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 1.19-to-1 ratio; on Nasdaq, a 1.10-to-1 ratio favored advancers.The S&P 500 posted 10 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 80 new highs and 153 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954220075,"gmtCreate":1676418432098,"gmtModify":1676418435720,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":24,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9954220075","repostId":"1179337149","repostType":4,"repost":{"id":"1179337149","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":1676415752,"share":"https://ttm.financial/m/news/1179337149?lang=&edition=fundamental","pubTime":"2023-02-15 07:02","market":"us","language":"en","title":"Berkshire Beefs Up Stakes in Apple, Paramount; Trims Shares in Banks, TSMC","url":"https://stock-news.laohu8.com/highlight/detail?id=1179337149","media":"Reuters","summary":"Warren Buffett's Berkshire Hathaway Inc slashed its stake in Taiwanese contract chipmaker TSMC (2330","content":"<html><head></head><body><p>Warren Buffett&#39;s Berkshire Hathaway Inc slashed its stake in Taiwanese contract chipmaker TSMC (2330.TW), as well as in some banks in the fourth quarter, while bolstering its holdings in <a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>.</p><p>Berkshire cut its position in <a href=\"https://laohu8.com/S/TSM\">Taiwan Semiconductor Manufacturing Co Ltd </a> by 86.2% to 8.29 million sponsored American depositary shares, according to a regulatory filing.</p><p>This comes roughly three months after Berkshire unveiled it bought more than $4.1 billion worth of TSMC stock, which sent shares of the world&#39;s largest contract chipmaker soaring.</p><p>TSMC depository receipts fell 4% in U.S. after hours trade on Tuesday. In Taiwan, TSMC shares opened down 3.3% as Asian markets started Wednesday trading.</p><p>Depositary shares in TSMC, which did not immediately respond to a request for comment, have surged almost 32% this year, closing at $97.96 on Tuesday.</p><p>&#34;Berkshire made a small profit on TSMC. It was not a huge, huge win for Berkshire,&#34; said Cathy Seifert, a CFRA Research analyst. According to her calculations, Berkshire bought it for roughly $68.5 and sold for $74.5.</p><p>It is rare but not unprecedented for Berkshire to quickly undo a multi-billion dollar investment in a company&#39;s stock. In the first quarter of 2022, Berkshire sold nearly all of what had been an $8.3 billion stake in <a href=\"https://laohu8.com/S/VZ\">Verizon Communications Inc</a> that it amassed in late 2020.</p><p>TSMC last month said revenue in the first quarter is likely to dip 5% as it weathers a global downturn in the chip industry because of softening consumer demand for electronics. TSMC executives have said they do not expect market conditions to improve until the second half of the year.</p><p>Besides TSMC, Buffett also divested 91.4% of its shares in US Bancorp (USB.N), to 6.7 million shares, and shrunk its stake in BNY Mellon by roughly 60%, to 25.1 million shares. Both cuts totaled nearly $5.5 billion at current prices.</p><p>Buffett&#39;s conglomerate also holds shares in <a href=\"https://laohu8.com/S/C\">Citigroup Inc </a>, <a href=\"https://laohu8.com/S/BAC\">Bank of America </a> and <a href=\"https://laohu8.com/S/JEF\">Jefferies </a>.</p><p>Berkshire trimmed some positions across its portfolio of U.S. listed companies, including <a href=\"https://laohu8.com/S/CVX\">Chevron </a>, <a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard </a>, maker of the &#34;Call of Duty&#34; video game, and Kroger (KR.N).</p><p><a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp </a> is making efforts to conclude the acquisition of Activision Blizzard. On Feb. 21, Microsoft will defend the deal in front of European Union and national antitrust officials at a closed hearing.</p><p>Among Berkshire&#39;s few additions are Apple, which Buffett views more as a consumer products company. Berkshire bought another 20.8 million Apple shares worth $3.2 billion, raising its stake to 5.8%, according to the filing.</p><p>Shares in Apple have surged nearly 18% this year.</p><p>Berkshire also disclosed a new stake of $84 million in building materials company <a href=\"https://laohu8.com/S/LPX\">Louisiana-Pacific Corp </a>.</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>Berkshire Beefs Up Stakes in Apple, Paramount; Trims Shares in Banks, TSMC</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\">\nBerkshire Beefs Up Stakes in Apple, Paramount; Trims Shares in Banks, TSMC\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\">2023-02-15 07:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Warren Buffett&#39;s Berkshire Hathaway Inc slashed its stake in Taiwanese contract chipmaker TSMC (2330.TW), as well as in some banks in the fourth quarter, while bolstering its holdings in <a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>.</p><p>Berkshire cut its position in <a href=\"https://laohu8.com/S/TSM\">Taiwan Semiconductor Manufacturing Co Ltd </a> by 86.2% to 8.29 million sponsored American depositary shares, according to a regulatory filing.</p><p>This comes roughly three months after Berkshire unveiled it bought more than $4.1 billion worth of TSMC stock, which sent shares of the world&#39;s largest contract chipmaker soaring.</p><p>TSMC depository receipts fell 4% in U.S. after hours trade on Tuesday. In Taiwan, TSMC shares opened down 3.3% as Asian markets started Wednesday trading.</p><p>Depositary shares in TSMC, which did not immediately respond to a request for comment, have surged almost 32% this year, closing at $97.96 on Tuesday.</p><p>&#34;Berkshire made a small profit on TSMC. It was not a huge, huge win for Berkshire,&#34; said Cathy Seifert, a CFRA Research analyst. According to her calculations, Berkshire bought it for roughly $68.5 and sold for $74.5.</p><p>It is rare but not unprecedented for Berkshire to quickly undo a multi-billion dollar investment in a company&#39;s stock. In the first quarter of 2022, Berkshire sold nearly all of what had been an $8.3 billion stake in <a href=\"https://laohu8.com/S/VZ\">Verizon Communications Inc</a> that it amassed in late 2020.</p><p>TSMC last month said revenue in the first quarter is likely to dip 5% as it weathers a global downturn in the chip industry because of softening consumer demand for electronics. TSMC executives have said they do not expect market conditions to improve until the second half of the year.</p><p>Besides TSMC, Buffett also divested 91.4% of its shares in US Bancorp (USB.N), to 6.7 million shares, and shrunk its stake in BNY Mellon by roughly 60%, to 25.1 million shares. Both cuts totaled nearly $5.5 billion at current prices.</p><p>Buffett&#39;s conglomerate also holds shares in <a href=\"https://laohu8.com/S/C\">Citigroup Inc </a>, <a href=\"https://laohu8.com/S/BAC\">Bank of America </a> and <a href=\"https://laohu8.com/S/JEF\">Jefferies </a>.</p><p>Berkshire trimmed some positions across its portfolio of U.S. listed companies, including <a href=\"https://laohu8.com/S/CVX\">Chevron </a>, <a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard </a>, maker of the &#34;Call of Duty&#34; video game, and Kroger (KR.N).</p><p><a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp </a> is making efforts to conclude the acquisition of Activision Blizzard. On Feb. 21, Microsoft will defend the deal in front of European Union and national antitrust officials at a closed hearing.</p><p>Among Berkshire&#39;s few additions are Apple, which Buffett views more as a consumer products company. Berkshire bought another 20.8 million Apple shares worth $3.2 billion, raising its stake to 5.8%, according to the filing.</p><p>Shares in Apple have surged nearly 18% this year.</p><p>Berkshire also disclosed a new stake of $84 million in building materials company <a href=\"https://laohu8.com/S/LPX\">Louisiana-Pacific Corp </a>.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LPX":"路易斯安那太平洋","ALLY":"Ally Financial Inc.","TSM":"台积电","BK":"纽约梅隆银行","AAPL":"苹果","PARA":"Paramount Global"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179337149","content_text":"Warren Buffett's Berkshire Hathaway Inc slashed its stake in Taiwanese contract chipmaker TSMC (2330.TW), as well as in some banks in the fourth quarter, while bolstering its holdings in Apple Inc.Berkshire cut its position in Taiwan Semiconductor Manufacturing Co Ltd  by 86.2% to 8.29 million sponsored American depositary shares, according to a regulatory filing.This comes roughly three months after Berkshire unveiled it bought more than $4.1 billion worth of TSMC stock, which sent shares of the world's largest contract chipmaker soaring.TSMC depository receipts fell 4% in U.S. after hours trade on Tuesday. In Taiwan, TSMC shares opened down 3.3% as Asian markets started Wednesday trading.Depositary shares in TSMC, which did not immediately respond to a request for comment, have surged almost 32% this year, closing at $97.96 on Tuesday.\"Berkshire made a small profit on TSMC. It was not a huge, huge win for Berkshire,\" said Cathy Seifert, a CFRA Research analyst. According to her calculations, Berkshire bought it for roughly $68.5 and sold for $74.5.It is rare but not unprecedented for Berkshire to quickly undo a multi-billion dollar investment in a company's stock. In the first quarter of 2022, Berkshire sold nearly all of what had been an $8.3 billion stake in Verizon Communications Inc that it amassed in late 2020.TSMC last month said revenue in the first quarter is likely to dip 5% as it weathers a global downturn in the chip industry because of softening consumer demand for electronics. TSMC executives have said they do not expect market conditions to improve until the second half of the year.Besides TSMC, Buffett also divested 91.4% of its shares in US Bancorp (USB.N), to 6.7 million shares, and shrunk its stake in BNY Mellon by roughly 60%, to 25.1 million shares. Both cuts totaled nearly $5.5 billion at current prices.Buffett's conglomerate also holds shares in Citigroup Inc , Bank of America  and Jefferies .Berkshire trimmed some positions across its portfolio of U.S. listed companies, including Chevron , Activision Blizzard , maker of the \"Call of Duty\" video game, and Kroger (KR.N).Microsoft Corp  is making efforts to conclude the acquisition of Activision Blizzard. On Feb. 21, Microsoft will defend the deal in front of European Union and national antitrust officials at a closed hearing.Among Berkshire's few additions are Apple, which Buffett views more as a consumer products company. Berkshire bought another 20.8 million Apple shares worth $3.2 billion, raising its stake to 5.8%, according to the filing.Shares in Apple have surged nearly 18% this year.Berkshire also disclosed a new stake of $84 million in building materials company Louisiana-Pacific Corp .","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943439762,"gmtCreate":1679616302157,"gmtModify":1679616305571,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":22,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9943439762","repostId":"2321138763","repostType":4,"isVote":1,"tweetType":1,"viewCount":566,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943642274,"gmtCreate":1679442901199,"gmtModify":1679442904941,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":24,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943642274","repostId":"2321670854","repostType":4,"repost":{"id":"2321670854","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":1679428829,"share":"https://ttm.financial/m/news/2321670854?lang=&edition=fundamental","pubTime":"2023-03-22 04:00","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=2321670854","media":"Reuters","summary":"Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking secto","content":"<html><head></head><body><p>Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.</p><p>All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.</p><p>A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.</p><p>But banking stocks bounced back on Tuesday, building on Monday&#39;s reversal. Still, despite its recent resurgence, the S&amp;P banks index has lost nearly 18% of its value just this month.</p><p>Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.</p><p>&#34;The stock market is coming to a recognition that the banking crisis wasn&#39;t a crisis after all, and was isolated to a handful of banks,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. &#34;Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.&#34;</p><p>Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.</p><p>Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee <a href=\"https://laohu8.com/S/FOMC\">$(FOMC)$</a> will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.</p><p>&#34;The Fed will raise interest rates by 25 basis points and the market won&#39;t care,&#34; Pursche added. &#34;It will all be about (Chairman Jerome) Powell&#39;s statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise&#34; can be attributed to bad management on the part of a few banks.</p><p>At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME&#39;s FedWatch tool.</p><p>Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.</p><p>According to preliminary data, the S&amp;P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.</p><p>Shares of <a href=\"https://laohu8.com/S/FRCDL\">First Republic Bank</a> saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> and Western Alliance Bancorp also surged.</p><p>Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.</p><p><img src=\"https://static.tigerbbs.com/b7948a6ab28102cd1434626ac859aa85\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus\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\">2023-03-22 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.</p><p>All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.</p><p>A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.</p><p>But banking stocks bounced back on Tuesday, building on Monday&#39;s reversal. Still, despite its recent resurgence, the S&amp;P banks index has lost nearly 18% of its value just this month.</p><p>Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.</p><p>&#34;The stock market is coming to a recognition that the banking crisis wasn&#39;t a crisis after all, and was isolated to a handful of banks,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. &#34;Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.&#34;</p><p>Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.</p><p>Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee <a href=\"https://laohu8.com/S/FOMC\">$(FOMC)$</a> will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.</p><p>&#34;The Fed will raise interest rates by 25 basis points and the market won&#39;t care,&#34; Pursche added. &#34;It will all be about (Chairman Jerome) Powell&#39;s statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise&#34; can be attributed to bad management on the part of a few banks.</p><p>At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME&#39;s FedWatch tool.</p><p>Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.</p><p>According to preliminary data, the S&amp;P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.</p><p>Shares of <a href=\"https://laohu8.com/S/FRCDL\">First Republic Bank</a> saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> and Western Alliance Bancorp also surged.</p><p>Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.</p><p><img src=\"https://static.tigerbbs.com/b7948a6ab28102cd1434626ac859aa85\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQQQ":"纳指三倍做空ETF",".SPX":"S&P 500 Index","UDOW":"道指三倍做多ETF-ProShares","QID":"纳指两倍做空ETF","DJX":"1/100道琼斯","SDOW":"道指三倍做空ETF-ProShares","DXD":"道指两倍做空ETF","DOG":"道指反向ETF","QLD":"纳指两倍做多ETF","FOMC":"FOMO CORP.","QQQ":"纳指100ETF",".DJI":"道琼斯","PSQ":"纳指反向ETF","DDM":"道指两倍做多ETF",".IXIC":"NASDAQ Composite","TQQQ":"纳指三倍做多ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321670854","content_text":"Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.But banking stocks bounced back on Tuesday, building on Monday's reversal. Still, despite its recent resurgence, the S&P banks index has lost nearly 18% of its value just this month.Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.\"The stock market is coming to a recognition that the banking crisis wasn't a crisis after all, and was isolated to a handful of banks,\" said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. \"Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.\"Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee $(FOMC)$ will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.\"The Fed will raise interest rates by 25 basis points and the market won't care,\" Pursche added. \"It will all be about (Chairman Jerome) Powell's statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise\" can be attributed to bad management on the part of a few banks.At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME's FedWatch tool.Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.According to preliminary data, the S&P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.Shares of First Republic Bank saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers PacWest Bancorp and Western Alliance Bancorp also surged.Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949512830,"gmtCreate":1678751449920,"gmtModify":1678751452604,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":22,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949512830","repostId":"1118288697","repostType":4,"repost":{"id":"1118288697","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":1678748849,"share":"https://ttm.financial/m/news/1118288697?lang=&edition=fundamental","pubTime":"2023-03-14 07:07","market":"us","language":"en","title":"Biden Promises \"Whatever Needed\" For U.S. Bank System As SVB Shock Hammers Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1118288697","media":"Reuters","summary":"(Reuters) - Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take","content":"<html><head></head><body><p>(Reuters) - Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take whatever action was needed to ensure the safety of the U.S. banking system after the sudden collapse of Silicon Valley Bank (SIVB.O) and Signature Bank (SBNY.O).</p><p>Biden&#39;s efforts to reassure markets and depositors came after emergency U.S. measures to shore up banks by giving them access to additional funding failed to dispel investor worries about potential contagion to other lenders worldwide.</p><p>The White House said the Treasury Department is working with regulators on the next steps.</p><p>With investors fearing additional failures, major U.S. banks lost around $90 billion in stock market value on Monday, bringing their loss over the past three trading sessions to nearly $190 billion.</p><p>Shares of First Republic Bank (FRC.N) tumbled as news of fresh financing failed to reassure investors, and so did Western Alliance Bancorp (WAL.N) and PacWest Bancorp (PACW.O).</p><p>First Republic had been able to meet withdrawal demands on Monday with the help of extra funding from JPMorgan Chase (JPM.N), the mid-cap lender&#39;s executive chair, Jim Herbert, told CNBC, adding it was not seeing a massive deposit outflow.</p><p>Shock waves extended to Europe, where the STOXX banking index (.SX7P) closed 5.7% lower. Germany&#39;s Commerzbank (CBKG.DE) fell 12.7%, while Credit Suisse (CSGN.S) slid 9.6% to a new record low.</p><p>Swiss financial regulator FINMA said it was closely monitoring banks and insurers, while a senior European Central Bank supervisor said the board overseeing the euro zone&#39;s biggest banks did not see any need for an emergency meeting.</p><p>Biden said his administration&#39;s actions over the weekend meant &#34;Americans can have confidence that the banking system is safe,&#34; while also promising stiffer regulation after the biggest U.S. bank failure since the 2008 financial crisis.</p><p>&#34;Your deposits will be there when you need them,&#34; he said.</p><p>Nevertheless, shares of big U.S. banks, including JPMorgan Chase &amp; Co, Citigroup (C.N), and Wells Fargo (WFC.N) all lost ground on Monday.</p><p>An administration official said there was no timeline for Biden to make any requests of Congress as his aides were still working to manage the immediate situation and better understand it.</p><p>In the money markets, indicators of credit risk in the U.S. and euro zone banking systems edged up.</p><p>&#34;When a step (is taken) this big, this quickly, your first thought is &#39;crisis averted.&#39; But your second thought is, how big was that crisis, how big were the risks that this step had to be taken?&#34; said Rick Meckler, partner at Cherry Lane Investments.</p><p>Emboldened by bets that the U.S. Federal Reserve may have to slow its rate hikes, and with investors seeking safe havens, the price of gold raced above the key $1,900 level.</p><p>&#34;There is a sense of contagion and where we see a repricing around financials is leading to a repricing across markets,&#34; said Mark Dowding, chief investment officer at BlueBay Asset Management in London.</p><p>U.S. regulators stepped in on Sunday after the collapse of SVB, which had a run after a big bond portfolio hit.</p><p>SVB Financial Group (SIVB.O) and two top executives were sued on Monday by shareholders, who accused them of concealing how rising interest rates would leave its Silicon Valley Bank unit &#34;particularly susceptible&#34; to a bank run.</p><p>SVB&#39;s customers will have access to all their deposits from Monday and regulators set up a new facility to give banks access to emergency funds and the Fed made it easier for banks to borrow from it in emergencies.</p><p>Regulators also moved swiftly to close New York&#39;s Signature Bank, which had come under pressure in recent days.</p><p>&#34;A serious investigation needs to be undertaken on why the regulators missed red flags ... and what needs to be overhauled,&#34; said Mark Sobel, a former senior Treasury official and U.S. chair of think tank OMFIF.</p><h2>FALLOUT</h2><p>Companies around the globe with SVB accounts rushed to assess the impact on their finances. In Germany, the central bank convened its crisis team to assess any fallout.</p><p>After marathon weekend talks, HSBC HSBA.L said it was buying the British arm of SVB for one pound ($1.21).</p><p>While SVB UK is small, its sudden demise prompted calls for government help for Britain&#39;s startup industry, and its heavily exposed biotech sector in particular.</p><p>Prime Minister Rishi Sunak added his voice to those in the UK saying there was no concern about systemic risk.</p><p>&#34;Our banks are well capitalised, the liquidity is strong,&#34; Sunak told ITV during a visit to the United States.</p><p>A furious race to reprice interest rate expectations also sent waves through markets as investors bet the Fed will be reluctant to hike next week.</p><p>The Fed&#39;s options are limited, said Sobel. &#34;The Fed could cut rates, but that has its own drawbacks. So the Fed and Treasury have kind of shot their bazooka for now. I think it&#39;s a question of the market steadying out. Is this a one-off adjustment in regional banks, or does it portend more to come?&#34;</p><p>Traders currently see a 50% chance of no rate hike at that meeting, with rate cuts priced in for the second half of the year. Early last week a 25 basis-point hike was fully priced in, with a 70% chance seen of 50 basis points.</p><p>The yield on the U.S. two-year Treasury note briefly fell below 4% for the first time since last October and was last down 53.1 basis points (bps) at 4.057%. The two-year note&#39;s yield, which reflects interest rate move expectations, was on track for the biggest one-day drop since October 1987.</p><p>On Monday morning, U.S. bank regulators sought to reassure nervous customers who lined up outside SVB&#39;s Santa Clara, California, headquarters, offering coffee and donuts. &#34;Feel free to transact business as usual. We just ask for a little bit of time because of the volume,&#34; FDIC employee Luis Mayorga told waiting customers.</p><p>The first customer, who did not want to be named, said they arrived at SVB at 4 a.m.</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>Biden Promises \"Whatever Needed\" For U.S. Bank System As SVB Shock Hammers Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden Promises \"Whatever Needed\" For U.S. Bank System As SVB Shock Hammers Stocks\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\">2023-03-14 07:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take whatever action was needed to ensure the safety of the U.S. banking system after the sudden collapse of Silicon Valley Bank (SIVB.O) and Signature Bank (SBNY.O).</p><p>Biden&#39;s efforts to reassure markets and depositors came after emergency U.S. measures to shore up banks by giving them access to additional funding failed to dispel investor worries about potential contagion to other lenders worldwide.</p><p>The White House said the Treasury Department is working with regulators on the next steps.</p><p>With investors fearing additional failures, major U.S. banks lost around $90 billion in stock market value on Monday, bringing their loss over the past three trading sessions to nearly $190 billion.</p><p>Shares of First Republic Bank (FRC.N) tumbled as news of fresh financing failed to reassure investors, and so did Western Alliance Bancorp (WAL.N) and PacWest Bancorp (PACW.O).</p><p>First Republic had been able to meet withdrawal demands on Monday with the help of extra funding from JPMorgan Chase (JPM.N), the mid-cap lender&#39;s executive chair, Jim Herbert, told CNBC, adding it was not seeing a massive deposit outflow.</p><p>Shock waves extended to Europe, where the STOXX banking index (.SX7P) closed 5.7% lower. Germany&#39;s Commerzbank (CBKG.DE) fell 12.7%, while Credit Suisse (CSGN.S) slid 9.6% to a new record low.</p><p>Swiss financial regulator FINMA said it was closely monitoring banks and insurers, while a senior European Central Bank supervisor said the board overseeing the euro zone&#39;s biggest banks did not see any need for an emergency meeting.</p><p>Biden said his administration&#39;s actions over the weekend meant &#34;Americans can have confidence that the banking system is safe,&#34; while also promising stiffer regulation after the biggest U.S. bank failure since the 2008 financial crisis.</p><p>&#34;Your deposits will be there when you need them,&#34; he said.</p><p>Nevertheless, shares of big U.S. banks, including JPMorgan Chase &amp; Co, Citigroup (C.N), and Wells Fargo (WFC.N) all lost ground on Monday.</p><p>An administration official said there was no timeline for Biden to make any requests of Congress as his aides were still working to manage the immediate situation and better understand it.</p><p>In the money markets, indicators of credit risk in the U.S. and euro zone banking systems edged up.</p><p>&#34;When a step (is taken) this big, this quickly, your first thought is &#39;crisis averted.&#39; But your second thought is, how big was that crisis, how big were the risks that this step had to be taken?&#34; said Rick Meckler, partner at Cherry Lane Investments.</p><p>Emboldened by bets that the U.S. Federal Reserve may have to slow its rate hikes, and with investors seeking safe havens, the price of gold raced above the key $1,900 level.</p><p>&#34;There is a sense of contagion and where we see a repricing around financials is leading to a repricing across markets,&#34; said Mark Dowding, chief investment officer at BlueBay Asset Management in London.</p><p>U.S. regulators stepped in on Sunday after the collapse of SVB, which had a run after a big bond portfolio hit.</p><p>SVB Financial Group (SIVB.O) and two top executives were sued on Monday by shareholders, who accused them of concealing how rising interest rates would leave its Silicon Valley Bank unit &#34;particularly susceptible&#34; to a bank run.</p><p>SVB&#39;s customers will have access to all their deposits from Monday and regulators set up a new facility to give banks access to emergency funds and the Fed made it easier for banks to borrow from it in emergencies.</p><p>Regulators also moved swiftly to close New York&#39;s Signature Bank, which had come under pressure in recent days.</p><p>&#34;A serious investigation needs to be undertaken on why the regulators missed red flags ... and what needs to be overhauled,&#34; said Mark Sobel, a former senior Treasury official and U.S. chair of think tank OMFIF.</p><h2>FALLOUT</h2><p>Companies around the globe with SVB accounts rushed to assess the impact on their finances. In Germany, the central bank convened its crisis team to assess any fallout.</p><p>After marathon weekend talks, HSBC HSBA.L said it was buying the British arm of SVB for one pound ($1.21).</p><p>While SVB UK is small, its sudden demise prompted calls for government help for Britain&#39;s startup industry, and its heavily exposed biotech sector in particular.</p><p>Prime Minister Rishi Sunak added his voice to those in the UK saying there was no concern about systemic risk.</p><p>&#34;Our banks are well capitalised, the liquidity is strong,&#34; Sunak told ITV during a visit to the United States.</p><p>A furious race to reprice interest rate expectations also sent waves through markets as investors bet the Fed will be reluctant to hike next week.</p><p>The Fed&#39;s options are limited, said Sobel. &#34;The Fed could cut rates, but that has its own drawbacks. So the Fed and Treasury have kind of shot their bazooka for now. I think it&#39;s a question of the market steadying out. Is this a one-off adjustment in regional banks, or does it portend more to come?&#34;</p><p>Traders currently see a 50% chance of no rate hike at that meeting, with rate cuts priced in for the second half of the year. Early last week a 25 basis-point hike was fully priced in, with a 70% chance seen of 50 basis points.</p><p>The yield on the U.S. two-year Treasury note briefly fell below 4% for the first time since last October and was last down 53.1 basis points (bps) at 4.057%. The two-year note&#39;s yield, which reflects interest rate move expectations, was on track for the biggest one-day drop since October 1987.</p><p>On Monday morning, U.S. bank regulators sought to reassure nervous customers who lined up outside SVB&#39;s Santa Clara, California, headquarters, offering coffee and donuts. &#34;Feel free to transact business as usual. We just ask for a little bit of time because of the volume,&#34; FDIC employee Luis Mayorga told waiting customers.</p><p>The first customer, who did not want to be named, said they arrived at SVB at 4 a.m.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBNY":"签字银行","WAL":"阿莱恩斯西部银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118288697","content_text":"(Reuters) - Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take whatever action was needed to ensure the safety of the U.S. banking system after the sudden collapse of Silicon Valley Bank (SIVB.O) and Signature Bank (SBNY.O).Biden's efforts to reassure markets and depositors came after emergency U.S. measures to shore up banks by giving them access to additional funding failed to dispel investor worries about potential contagion to other lenders worldwide.The White House said the Treasury Department is working with regulators on the next steps.With investors fearing additional failures, major U.S. banks lost around $90 billion in stock market value on Monday, bringing their loss over the past three trading sessions to nearly $190 billion.Shares of First Republic Bank (FRC.N) tumbled as news of fresh financing failed to reassure investors, and so did Western Alliance Bancorp (WAL.N) and PacWest Bancorp (PACW.O).First Republic had been able to meet withdrawal demands on Monday with the help of extra funding from JPMorgan Chase (JPM.N), the mid-cap lender's executive chair, Jim Herbert, told CNBC, adding it was not seeing a massive deposit outflow.Shock waves extended to Europe, where the STOXX banking index (.SX7P) closed 5.7% lower. Germany's Commerzbank (CBKG.DE) fell 12.7%, while Credit Suisse (CSGN.S) slid 9.6% to a new record low.Swiss financial regulator FINMA said it was closely monitoring banks and insurers, while a senior European Central Bank supervisor said the board overseeing the euro zone's biggest banks did not see any need for an emergency meeting.Biden said his administration's actions over the weekend meant \"Americans can have confidence that the banking system is safe,\" while also promising stiffer regulation after the biggest U.S. bank failure since the 2008 financial crisis.\"Your deposits will be there when you need them,\" he said.Nevertheless, shares of big U.S. banks, including JPMorgan Chase & Co, Citigroup (C.N), and Wells Fargo (WFC.N) all lost ground on Monday.An administration official said there was no timeline for Biden to make any requests of Congress as his aides were still working to manage the immediate situation and better understand it.In the money markets, indicators of credit risk in the U.S. and euro zone banking systems edged up.\"When a step (is taken) this big, this quickly, your first thought is 'crisis averted.' But your second thought is, how big was that crisis, how big were the risks that this step had to be taken?\" said Rick Meckler, partner at Cherry Lane Investments.Emboldened by bets that the U.S. Federal Reserve may have to slow its rate hikes, and with investors seeking safe havens, the price of gold raced above the key $1,900 level.\"There is a sense of contagion and where we see a repricing around financials is leading to a repricing across markets,\" said Mark Dowding, chief investment officer at BlueBay Asset Management in London.U.S. regulators stepped in on Sunday after the collapse of SVB, which had a run after a big bond portfolio hit.SVB Financial Group (SIVB.O) and two top executives were sued on Monday by shareholders, who accused them of concealing how rising interest rates would leave its Silicon Valley Bank unit \"particularly susceptible\" to a bank run.SVB's customers will have access to all their deposits from Monday and regulators set up a new facility to give banks access to emergency funds and the Fed made it easier for banks to borrow from it in emergencies.Regulators also moved swiftly to close New York's Signature Bank, which had come under pressure in recent days.\"A serious investigation needs to be undertaken on why the regulators missed red flags ... and what needs to be overhauled,\" said Mark Sobel, a former senior Treasury official and U.S. chair of think tank OMFIF.FALLOUTCompanies around the globe with SVB accounts rushed to assess the impact on their finances. In Germany, the central bank convened its crisis team to assess any fallout.After marathon weekend talks, HSBC HSBA.L said it was buying the British arm of SVB for one pound ($1.21).While SVB UK is small, its sudden demise prompted calls for government help for Britain's startup industry, and its heavily exposed biotech sector in particular.Prime Minister Rishi Sunak added his voice to those in the UK saying there was no concern about systemic risk.\"Our banks are well capitalised, the liquidity is strong,\" Sunak told ITV during a visit to the United States.A furious race to reprice interest rate expectations also sent waves through markets as investors bet the Fed will be reluctant to hike next week.The Fed's options are limited, said Sobel. \"The Fed could cut rates, but that has its own drawbacks. So the Fed and Treasury have kind of shot their bazooka for now. I think it's a question of the market steadying out. Is this a one-off adjustment in regional banks, or does it portend more to come?\"Traders currently see a 50% chance of no rate hike at that meeting, with rate cuts priced in for the second half of the year. Early last week a 25 basis-point hike was fully priced in, with a 70% chance seen of 50 basis points.The yield on the U.S. two-year Treasury note briefly fell below 4% for the first time since last October and was last down 53.1 basis points (bps) at 4.057%. The two-year note's yield, which reflects interest rate move expectations, was on track for the biggest one-day drop since October 1987.On Monday morning, U.S. bank regulators sought to reassure nervous customers who lined up outside SVB's Santa Clara, California, headquarters, offering coffee and donuts. \"Feel free to transact business as usual. We just ask for a little bit of time because of the volume,\" FDIC employee Luis Mayorga told waiting customers.The first customer, who did not want to be named, said they arrived at SVB at 4 a.m.","news_type":1},"isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956784289,"gmtCreate":1674204209641,"gmtModify":1676538930209,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Huat lah","listText":"Huat lah","text":"Huat lah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":19,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956784289","repostId":"1148061982","repostType":4,"repost":{"id":"1148061982","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":1674272043,"share":"https://ttm.financial/m/news/1148061982?lang=&edition=fundamental","pubTime":"2023-01-21 11:34","market":"us","language":"en","title":"Reminder: Market Holidays During Chinese Lunar New Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1148061982","media":"Tiger Newspress","summary":"Chinese Lunar New Year is around the corner. Please take note of the trading arrangements during the","content":"<html><head></head><body><p>Chinese Lunar New Year is around the corner. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p><b>The China A-shares market</b> will be closed from Monday, 23 January 2023 to Friday, 27 January 2023 local time for Chinese Lunar New Year.</p><p><b>The Hong Kong market</b> will be closed from Monday, 23 January 2023 to Wednesday, 25 January 2023 local time for Chinese Lunar New Year.</p><p><b>The Singapore market</b> will be closed from Monday, 23 January 2023 to Tuesday, 24 January 2023 local time for Chinese Lunar New Year.</p><h3>Background</h3><p>Chinese New Year is the festival that celebrates the beginning of a new year on the traditional lunisolar Chinese calendar. In Chinese, the festival is commonly referred to as the Spring Festival as the spring season in the lunisolar calendar traditionally starts with lichun, the first of the twenty-four solar terms which the festival celebrates around the time of the Chinese New Year. Marking the end of winter and the beginning of the spring season, observances traditionally take place from New Year’s Eve.</p><p>The Chinese New Year is associated with several myths and customs. The festival was traditionally a time to honor deities as well as ancestors. Within China, regional customs and traditions concerning the celebration of the New Year vary widely, and the evening preceding the New Year&#39;s Day is frequently regarded as an occasion for Chinese families to gather for the annual reunion dinner.</p><p>It is also a tradition for every family to thoroughly clean their house, in order to sweep away any ill fortune and to make way for incoming good luck. Another custom is the decoration of windows and doors with red paper-cuts and couplets. Other activities include lighting firecrackers and giving money in red paper envelopes.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: Market Holidays During Chinese Lunar New Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReminder: Market Holidays During Chinese Lunar New Year\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\">2023-01-21 11:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Chinese Lunar New Year is around the corner. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p><b>The China A-shares market</b> will be closed from Monday, 23 January 2023 to Friday, 27 January 2023 local time for Chinese Lunar New Year.</p><p><b>The Hong Kong market</b> will be closed from Monday, 23 January 2023 to Wednesday, 25 January 2023 local time for Chinese Lunar New Year.</p><p><b>The Singapore market</b> will be closed from Monday, 23 January 2023 to Tuesday, 24 January 2023 local time for Chinese Lunar New Year.</p><h3>Background</h3><p>Chinese New Year is the festival that celebrates the beginning of a new year on the traditional lunisolar Chinese calendar. In Chinese, the festival is commonly referred to as the Spring Festival as the spring season in the lunisolar calendar traditionally starts with lichun, the first of the twenty-four solar terms which the festival celebrates around the time of the Chinese New Year. Marking the end of winter and the beginning of the spring season, observances traditionally take place from New Year’s Eve.</p><p>The Chinese New Year is associated with several myths and customs. The festival was traditionally a time to honor deities as well as ancestors. Within China, regional customs and traditions concerning the celebration of the New Year vary widely, and the evening preceding the New Year&#39;s Day is frequently regarded as an occasion for Chinese families to gather for the annual reunion dinner.</p><p>It is also a tradition for every family to thoroughly clean their house, in order to sweep away any ill fortune and to make way for incoming good luck. Another custom is the decoration of windows and doors with red paper-cuts and couplets. Other activities include lighting firecrackers and giving money in red paper envelopes.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSTECH":"恒生科技指数","HSI":"恒生指数","000001.SH":"上证指数","STI.SI":"富时新加坡海峡指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148061982","content_text":"Chinese Lunar New Year is around the corner. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.The China A-shares market will be closed from Monday, 23 January 2023 to Friday, 27 January 2023 local time for Chinese Lunar New Year.The Hong Kong market will be closed from Monday, 23 January 2023 to Wednesday, 25 January 2023 local time for Chinese Lunar New Year.The Singapore market will be closed from Monday, 23 January 2023 to Tuesday, 24 January 2023 local time for Chinese Lunar New Year.BackgroundChinese New Year is the festival that celebrates the beginning of a new year on the traditional lunisolar Chinese calendar. In Chinese, the festival is commonly referred to as the Spring Festival as the spring season in the lunisolar calendar traditionally starts with lichun, the first of the twenty-four solar terms which the festival celebrates around the time of the Chinese New Year. Marking the end of winter and the beginning of the spring season, observances traditionally take place from New Year’s Eve.The Chinese New Year is associated with several myths and customs. The festival was traditionally a time to honor deities as well as ancestors. Within China, regional customs and traditions concerning the celebration of the New Year vary widely, and the evening preceding the New Year's Day is frequently regarded as an occasion for Chinese families to gather for the annual reunion dinner.It is also a tradition for every family to thoroughly clean their house, in order to sweep away any ill fortune and to make way for incoming good luck. Another custom is the decoration of windows and doors with red paper-cuts and couplets. Other activities include lighting firecrackers and giving money in red paper envelopes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950157666,"gmtCreate":1672706213656,"gmtModify":1676538722292,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9950157666","repostId":"1177934568","repostType":4,"repost":{"id":"1177934568","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":1672701185,"share":"https://ttm.financial/m/news/1177934568?lang=&edition=fundamental","pubTime":"2023-01-03 07:13","market":"fut","language":"en","title":"2022 Recap: Futures Market Performance","url":"https://stock-news.laohu8.com/highlight/detail?id=1177934568","media":"Tiger Newspress","summary":"Nickel future soared over 44% as global demand for nickel rose on EV boom. Brent gained 11% while U.","content":"<html><head></head><body><p>Nickel future soared over 44% as global demand for nickel rose on EV boom. <a href=\"https://laohu8.com/FUT/BZmain\">Brent</a> gained 11% while <a href=\"https://laohu8.com/FUT/CLmain\">U.S. crude</a> rose nearly 7%. Bitcoin future tumbled 64% amid a rough year for crypto prices.</p><p><img src=\"https://static.tigerbbs.com/c073bd641dd79c00725468ff45e05962\" tg-width=\"750\" tg-height=\"1580\" referrerpolicy=\"no-referrer\"/>The market for nickel is already being transformed as car batteries take over from stainless steel as the major growth market. The world’s biggest miner predicts nine in 10 cars sold by 2040 will be EVs, helping to boost worldwide usage of key battery materials including nickel.</p><p>Oil prices swung wildly in 2022, climbing on tight supplies amid the war in Ukraine, then sliding on worries of an economic contraction, but closed the year with a second straight annual gain.</p><p>Prices surged in March as Russia&#39;s invasion of Ukraine upended global crude flows, with international benchmark Brent reaching $139.13 a barrel, highest since 2008. Prices cooled rapidly in the second half as central banks hiked interest rates and fanned worries of recession.</p><p>&#34;This has been an extraordinary year for commodity markets, with supply risks leading to increased volatility and elevated prices,&#34; said ING analyst Ewa Manthey. &#34;Next year is set to be another year of uncertainty, with plenty of volatility,&#34; she said.</p><p>For the year, <a href=\"https://laohu8.com/FUT/BZmain\">Brent</a> gained about 11%. <a href=\"https://laohu8.com/FUT/CLmain\">U.S. crude</a> rose nearly 7% in 2022. Both benchmarks fell sharply in 2020 as the COVID-19 pandemic slashed fuel demand. Investors in 2023 are expected to keep taking a cautious approach, wary of interest rate hikes and possible recessions.</p><p>Natural gas markets ended 2022 with strong gains after a global energy crisis triggered by the Russia-Ukraine war stoked prices, and tighter supplies expected in 2023 could fuel more gains. <a href=\"https://laohu8.com/FUT/NGmain\">U.S. gas futures</a> jumped by 17.8%, up for a third consecutive year.</p><p><a href=\"https://laohu8.com/FUT/ZSmain\">Soybeans</a> and <a href=\"https://laohu8.com/FUT/ZCmain\">corn</a> both ended the year up around 14%, as severe drought in Argentina raised concerns about South America&#39;s crop. Going forward, food-commodity prices are likely to stay elevated. Wheat production is unlikely to replenish depleted world inventories, at least in the first half of 2023, while crops producing edible oils are suffering from adverse weather in Latin America and Southeast Asia.</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>2022 Recap: Futures Market Performance</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\">\n2022 Recap: Futures Market Performance\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\">2023-01-03 07:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nickel future soared over 44% as global demand for nickel rose on EV boom. <a href=\"https://laohu8.com/FUT/BZmain\">Brent</a> gained 11% while <a href=\"https://laohu8.com/FUT/CLmain\">U.S. crude</a> rose nearly 7%. Bitcoin future tumbled 64% amid a rough year for crypto prices.</p><p><img src=\"https://static.tigerbbs.com/c073bd641dd79c00725468ff45e05962\" tg-width=\"750\" tg-height=\"1580\" referrerpolicy=\"no-referrer\"/>The market for nickel is already being transformed as car batteries take over from stainless steel as the major growth market. The world’s biggest miner predicts nine in 10 cars sold by 2040 will be EVs, helping to boost worldwide usage of key battery materials including nickel.</p><p>Oil prices swung wildly in 2022, climbing on tight supplies amid the war in Ukraine, then sliding on worries of an economic contraction, but closed the year with a second straight annual gain.</p><p>Prices surged in March as Russia&#39;s invasion of Ukraine upended global crude flows, with international benchmark Brent reaching $139.13 a barrel, highest since 2008. Prices cooled rapidly in the second half as central banks hiked interest rates and fanned worries of recession.</p><p>&#34;This has been an extraordinary year for commodity markets, with supply risks leading to increased volatility and elevated prices,&#34; said ING analyst Ewa Manthey. &#34;Next year is set to be another year of uncertainty, with plenty of volatility,&#34; she said.</p><p>For the year, <a href=\"https://laohu8.com/FUT/BZmain\">Brent</a> gained about 11%. <a href=\"https://laohu8.com/FUT/CLmain\">U.S. crude</a> rose nearly 7% in 2022. Both benchmarks fell sharply in 2020 as the COVID-19 pandemic slashed fuel demand. Investors in 2023 are expected to keep taking a cautious approach, wary of interest rate hikes and possible recessions.</p><p>Natural gas markets ended 2022 with strong gains after a global energy crisis triggered by the Russia-Ukraine war stoked prices, and tighter supplies expected in 2023 could fuel more gains. <a href=\"https://laohu8.com/FUT/NGmain\">U.S. gas futures</a> jumped by 17.8%, up for a third consecutive year.</p><p><a href=\"https://laohu8.com/FUT/ZSmain\">Soybeans</a> and <a href=\"https://laohu8.com/FUT/ZCmain\">corn</a> both ended the year up around 14%, as severe drought in Argentina raised concerns about South America&#39;s crop. Going forward, food-commodity prices are likely to stay elevated. Wheat production is unlikely to replenish depleted world inventories, at least in the first half of 2023, while crops producing edible oils are suffering from adverse weather in Latin America and Southeast Asia.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177934568","content_text":"Nickel future soared over 44% as global demand for nickel rose on EV boom. Brent gained 11% while U.S. crude rose nearly 7%. Bitcoin future tumbled 64% amid a rough year for crypto prices.The market for nickel is already being transformed as car batteries take over from stainless steel as the major growth market. The world’s biggest miner predicts nine in 10 cars sold by 2040 will be EVs, helping to boost worldwide usage of key battery materials including nickel.Oil prices swung wildly in 2022, climbing on tight supplies amid the war in Ukraine, then sliding on worries of an economic contraction, but closed the year with a second straight annual gain.Prices surged in March as Russia's invasion of Ukraine upended global crude flows, with international benchmark Brent reaching $139.13 a barrel, highest since 2008. Prices cooled rapidly in the second half as central banks hiked interest rates and fanned worries of recession.\"This has been an extraordinary year for commodity markets, with supply risks leading to increased volatility and elevated prices,\" said ING analyst Ewa Manthey. \"Next year is set to be another year of uncertainty, with plenty of volatility,\" she said.For the year, Brent gained about 11%. U.S. crude rose nearly 7% in 2022. Both benchmarks fell sharply in 2020 as the COVID-19 pandemic slashed fuel demand. Investors in 2023 are expected to keep taking a cautious approach, wary of interest rate hikes and possible recessions.Natural gas markets ended 2022 with strong gains after a global energy crisis triggered by the Russia-Ukraine war stoked prices, and tighter supplies expected in 2023 could fuel more gains. U.S. gas futures jumped by 17.8%, up for a third consecutive year.Soybeans and corn both ended the year up around 14%, as severe drought in Argentina raised concerns about South America's crop. Going forward, food-commodity prices are likely to stay elevated. Wheat production is unlikely to replenish depleted world inventories, at least in the first half of 2023, while crops producing edible oils are suffering from adverse weather in Latin America and Southeast Asia.","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":295054293016728,"gmtCreate":1713053079057,"gmtModify":1713053082925,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a> I used to give away my money many years back but after learning from mistakes nowadays accumulating my profits especially from the US market. Try not to be greedy and take profits when market up and buy again when down.","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a> I used to give away my money many years back but after learning from mistakes nowadays accumulating my profits especially from the US market. Try not to be greedy and take profits when market up and buy again when down.","text":"$Tiger Brokers(TIGR)$ I used to give away my money many years back but after learning from mistakes nowadays accumulating my profits especially from the US market. Try not to be greedy and take profits when market up and buy again when down.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/295054293016728","isVote":1,"tweetType":1,"viewCount":893,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4171900329979952","authorId":"4171900329979952","name":"Barcode","avatar":"https://community-static.tradeup.com/news/6688d8fb4c2a255e3b901e79755e56df","crmLevel":1,"crmLevelSwitch":0,"idStr":"4171900329979952","authorIdStr":"4171900329979952"},"content":"You’re so right and many people get caught by being too greedy 😊","text":"You’re so right and many people get caught by being too greedy 😊","html":"You’re so right and many people get caught by being too greedy 😊"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952254422,"gmtCreate":1674778007366,"gmtModify":1676538957903,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9952254422","repostId":"2306118244","repostType":4,"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940277321,"gmtCreate":1677989766063,"gmtModify":1677989769822,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940277321","repostId":"2316492950","repostType":4,"repost":{"id":"2316492950","kind":"highlight","pubTimestamp":1677987004,"share":"https://ttm.financial/m/news/2316492950?lang=&edition=fundamental","pubTime":"2023-03-05 11:30","market":"us","language":"en","title":"Want $1 Million in Retirement? Buy These 2 Stocks in 2023 and Hold for the Next Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2316492950","media":"Motley Fool","summary":"Don't let a potential bear market keep you on the sidelines.","content":"<html><head></head><body><p>Building a $1 million retirement nest egg is the dream of many investors. With the appropriate strategy, allocation, and investing time horizon, this isn&#39;t an impossible goal by any means. As you diversify your basket of stocks to work toward this achievement, it&#39;s important to select quality businesses across a wide variety of sectors with multiple catalysts to sustain continued returns over a period of years.</p><p>For example, if you were to invest $200,000 in the stock market right now, promising companies with innovative, industry-leading businesses ripe for future growth could foreseeably compound that investment by 5 times or more in the next decade. With that said, here are two such stocks that could help you build out your retirement plan.</p><h2>1. Upstart</h2><p><b>Upstart</b> is dealing with extremely choppy market waters right now; however, looking beyond these events to the company&#39;s long-term prospects, an altogether brighter picture forms. To understand why, one has to take a deeper look into the inner workings of Upstart and its business, which is driven by artificial intelligence and machine learning. The company operates a lending marketplace that revolves around its innovative technology platform, which leverages more than 1,600 data points to assess the creditworthiness of any given consumer. In other words, it doesn&#39;t just the FICO score but atypical factors like education and income to help determine this.</p><p>By using a far broader range of factors to determine whether an applicant ought to be approved for a loan, as well as the platform&#39;s predictive capabilities that calibrate to the economic environment to assess the likelihood of that applicant to default, Upstart has not only been able to democratize the long-stale lending arena but also lower risk for institutional partners with more inclusive and real-time data.</p><p>Moreover, because Upstart&#39;s platform is constantly learning, this not only enables it to adjust to the most current economic conditions, but this also means that more of the company&#39;s loan applications are being handled on a fully automated basis.</p><p>In Upstart&#39;s full-year 2022 earnings report, management said that 82% of all loan applications on the platform were fully automated -- the highest level of automation its model has reached in the history of the company. Moreover, 88% of all small-dollar loans are now automated. On top of that, as of the end of 2022, Upstart&#39;s model had learned more in the prior seven months than it had in the entire 30 months before that.</p><p>During 2022, Upstart&#39;s number of bank and credit union partners soared 120% from 2021, and its network of auto dealers jumped more than 90% year over year. Bear in mind, the auto lending market alone represents a near $800 billion opportunity, and as of the end of 2022, the company had the second-fastest-growing auto retail software in the country.</p><p>As Upstart&#39;s platform is constantly learning, a challenging economic environment is inevitably going to mean that it approves fewer loans than it would in a situation where the risk of default is lower, but this would also indicate the exact opposite would happen in a more buoyant economic landscape. At the same time, the combination of institutional partners funding far fewer loans right now and a drop in consumers applying for loans has contributed to the declines in Upstart&#39;s top and bottom lines recently. While investors will need to continue watching these factors closely in the quarters ahead, it&#39;s important to differentiate broader economic headwinds from headwinds tied directly to Upstart&#39;s business.</p><p>The fact that the company is expanding market share, boosting platform automation, and rapidly growing its partner network even in a decidedly bleak lending environment is notable, and could prime the business for a relatively rapid upward trajectory once the economic environment improves and interest rates come down. Even a conservative position in this top growth stock could yield tremendous results over the next five to 10 years when paired with a wide selection of investments in a buy-and-hold investment portfolio. That potential may be too intriguing for some investors to overlook while the stock&#39;s currently trading down.</p><h2>2. Teladoc</h2><p><b>Teladoc</b> investors -- and I am one of them -- have faced more than their fair share of volatile market days over the past year. While shares of this healthcare stock are still down 64% from 12 months ago, they&#39;ve risen roughly 15% since the start of 2023. The market has been far less kind toward unprofitable, growth-oriented businesses in the current economic environment, and Teladoc currently fits squarely into both categories.</p><p>The full 2022 year saw Teladoc achieve some notable goals, while falling short on other fronts. Revenue totaled $2.4 billion for the 12-month period, an 18% increase from 2021. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) was down year over year, but still hit $247 million. Teladoc also continues to see rapid adoption across a wide range of its healthcare services, with its teletherapy arm BetterHelp alone posting revenue growth of 29% year over year in the final quarter of 2022.</p><p>Teladoc reported a third impairment charge in Q4 of 2022 after having significantly shaved its net losses in the prior quarter. Specifically, it ended the 12-month period with a net loss of $13.7 billion, almost entirely due to impairment charges related to writing down the value of its 2020 Livongo acquisition. Here&#39;s the thing, though: While this loss is unpleasant to look at as an investor, these were non-cash impairment charges. In other words, paper-only net losses, which are not the same as actual operational losses.</p><p>Even though Teladoc overpaid for that acquisition, its contribution to its overall mission of disrupting the still underserved chronic care solutions market remains a notable green flag for the long-term future of the integration of these two businesses. CEO Jason Gorevic noted the following about its chronic care segment and broader platform expansion on the company&#39;s 2022 earnings call:</p><blockquote>Access to our platform is available to over 80 million individuals in the U.S. today, primarily through our relationships with employers and health plans. Over 50% of that population has access to more than one of our products. And when I look at our suite of chronic care solutions, 30% of enrollees are now utilizing more than one chronic care product. Our BetterHelp offering provided over 1 million individuals with access to mental healthcare over the past year, many of whom are unlikely to have received any care at all, if not for our services.</blockquote><blockquote>Our platform enabled over 22 million visits across specialties last year and over 0.5 billion digital health interactions with an unmatched consumer experience and a net promoter score over 60. That breadth and scale is unrivaled in the industry and gives us a strong foundation on which to expand.</blockquote><p>Teladoc remains the premier telehealth platform in the U.S., and the increasing diversity and adoption of its offerings bode well for its ability to continue expanding its market share in the years ahead. Management has been clear that moving back to profitability is a key goal for the future. The investments Teladoc is making now could yield robust returns for the company and its shareholders in the years ahead. As such, given Teladoc&#39;s long trajectory for growth, forward-thinking investors may find any dips in the stock to be too good to pass up.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Want $1 Million in Retirement? Buy These 2 Stocks in 2023 and Hold for the Next Decade</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\">\nWant $1 Million in Retirement? Buy These 2 Stocks in 2023 and Hold for the Next Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-05 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/03/want-1-million-in-retirement-buy-these-2-stocks-in/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Building a $1 million retirement nest egg is the dream of many investors. With the appropriate strategy, allocation, and investing time horizon, this isn't an impossible goal by any means. As you ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/03/want-1-million-in-retirement-buy-these-2-stocks-in/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPST":"Upstart Holdings, Inc.","TDOC":"Teladoc Health Inc."},"source_url":"https://www.fool.com/investing/2023/03/03/want-1-million-in-retirement-buy-these-2-stocks-in/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2316492950","content_text":"Building a $1 million retirement nest egg is the dream of many investors. With the appropriate strategy, allocation, and investing time horizon, this isn't an impossible goal by any means. As you diversify your basket of stocks to work toward this achievement, it's important to select quality businesses across a wide variety of sectors with multiple catalysts to sustain continued returns over a period of years.For example, if you were to invest $200,000 in the stock market right now, promising companies with innovative, industry-leading businesses ripe for future growth could foreseeably compound that investment by 5 times or more in the next decade. With that said, here are two such stocks that could help you build out your retirement plan.1. UpstartUpstart is dealing with extremely choppy market waters right now; however, looking beyond these events to the company's long-term prospects, an altogether brighter picture forms. To understand why, one has to take a deeper look into the inner workings of Upstart and its business, which is driven by artificial intelligence and machine learning. The company operates a lending marketplace that revolves around its innovative technology platform, which leverages more than 1,600 data points to assess the creditworthiness of any given consumer. In other words, it doesn't just the FICO score but atypical factors like education and income to help determine this.By using a far broader range of factors to determine whether an applicant ought to be approved for a loan, as well as the platform's predictive capabilities that calibrate to the economic environment to assess the likelihood of that applicant to default, Upstart has not only been able to democratize the long-stale lending arena but also lower risk for institutional partners with more inclusive and real-time data.Moreover, because Upstart's platform is constantly learning, this not only enables it to adjust to the most current economic conditions, but this also means that more of the company's loan applications are being handled on a fully automated basis.In Upstart's full-year 2022 earnings report, management said that 82% of all loan applications on the platform were fully automated -- the highest level of automation its model has reached in the history of the company. Moreover, 88% of all small-dollar loans are now automated. On top of that, as of the end of 2022, Upstart's model had learned more in the prior seven months than it had in the entire 30 months before that.During 2022, Upstart's number of bank and credit union partners soared 120% from 2021, and its network of auto dealers jumped more than 90% year over year. Bear in mind, the auto lending market alone represents a near $800 billion opportunity, and as of the end of 2022, the company had the second-fastest-growing auto retail software in the country.As Upstart's platform is constantly learning, a challenging economic environment is inevitably going to mean that it approves fewer loans than it would in a situation where the risk of default is lower, but this would also indicate the exact opposite would happen in a more buoyant economic landscape. At the same time, the combination of institutional partners funding far fewer loans right now and a drop in consumers applying for loans has contributed to the declines in Upstart's top and bottom lines recently. While investors will need to continue watching these factors closely in the quarters ahead, it's important to differentiate broader economic headwinds from headwinds tied directly to Upstart's business.The fact that the company is expanding market share, boosting platform automation, and rapidly growing its partner network even in a decidedly bleak lending environment is notable, and could prime the business for a relatively rapid upward trajectory once the economic environment improves and interest rates come down. Even a conservative position in this top growth stock could yield tremendous results over the next five to 10 years when paired with a wide selection of investments in a buy-and-hold investment portfolio. That potential may be too intriguing for some investors to overlook while the stock's currently trading down.2. TeladocTeladoc investors -- and I am one of them -- have faced more than their fair share of volatile market days over the past year. While shares of this healthcare stock are still down 64% from 12 months ago, they've risen roughly 15% since the start of 2023. The market has been far less kind toward unprofitable, growth-oriented businesses in the current economic environment, and Teladoc currently fits squarely into both categories.The full 2022 year saw Teladoc achieve some notable goals, while falling short on other fronts. Revenue totaled $2.4 billion for the 12-month period, an 18% increase from 2021. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) was down year over year, but still hit $247 million. Teladoc also continues to see rapid adoption across a wide range of its healthcare services, with its teletherapy arm BetterHelp alone posting revenue growth of 29% year over year in the final quarter of 2022.Teladoc reported a third impairment charge in Q4 of 2022 after having significantly shaved its net losses in the prior quarter. Specifically, it ended the 12-month period with a net loss of $13.7 billion, almost entirely due to impairment charges related to writing down the value of its 2020 Livongo acquisition. Here's the thing, though: While this loss is unpleasant to look at as an investor, these were non-cash impairment charges. In other words, paper-only net losses, which are not the same as actual operational losses.Even though Teladoc overpaid for that acquisition, its contribution to its overall mission of disrupting the still underserved chronic care solutions market remains a notable green flag for the long-term future of the integration of these two businesses. CEO Jason Gorevic noted the following about its chronic care segment and broader platform expansion on the company's 2022 earnings call:Access to our platform is available to over 80 million individuals in the U.S. today, primarily through our relationships with employers and health plans. Over 50% of that population has access to more than one of our products. And when I look at our suite of chronic care solutions, 30% of enrollees are now utilizing more than one chronic care product. Our BetterHelp offering provided over 1 million individuals with access to mental healthcare over the past year, many of whom are unlikely to have received any care at all, if not for our services.Our platform enabled over 22 million visits across specialties last year and over 0.5 billion digital health interactions with an unmatched consumer experience and a net promoter score over 60. That breadth and scale is unrivaled in the industry and gives us a strong foundation on which to expand.Teladoc remains the premier telehealth platform in the U.S., and the increasing diversity and adoption of its offerings bode well for its ability to continue expanding its market share in the years ahead. Management has been clear that moving back to profitability is a key goal for the future. The investments Teladoc is making now could yield robust returns for the company and its shareholders in the years ahead. As such, given Teladoc's long trajectory for growth, forward-thinking investors may find any dips in the stock to be too good to pass up.","news_type":1},"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957508627,"gmtCreate":1677367923270,"gmtModify":1677367927501,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9957508627","repostId":"1117520516","repostType":4,"repost":{"id":"1117520516","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":1677334099,"share":"https://ttm.financial/m/news/1117520516?lang=&edition=fundamental","pubTime":"2023-02-25 22:08","market":"us","language":"en","title":"Buffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills","url":"https://stock-news.laohu8.com/highlight/detail?id=1117520516","media":"Tiger Newspress","summary":"Warren Buffett is still betting on America.Stocks and bonds slumped in 2022 after central banks rais","content":"<html><head></head><body><p>Warren Buffett is still betting on America.</p><p>Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.</p><p>“I have been investing for 80 years—more than one-third of our country’s lifetime. Despite our citizens’ penchant—almost enthusiasm—for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America,” Mr. Buffett said in the letter.</p><p>Mr. Buffett, widely regarded as one of the world’s top investors, has been publishing the letters for more than half a century. Over that time, he hasn’t just reflected on the past year for his company, Berkshire Hathaway Inc., but also shared his thoughts on everything from esoteric accounting rules to his aversion to excessive risk-taking.</p><p>Saturday’s letter offered readers a glimpse into how Mr. Buffett, 92, viewed what wound up being a shaky stretch for markets.</p><p>The volatility offered Berkshire an opportunity to jump in and buy stocks. While Berkshire largely bought back its own shares in 2021, it focused more in 2022 on investing in other companies—opening up new positions in media company Paramount Global and building-materials manufacturer Louisiana-Pacific Corp., among other businesses, and swiftly becoming Occidental Petroleum Corp.’s single biggest shareholder.</p><p>As of the end of 2022, Berkshire was the largest shareholder of eight companies—American Express Co., Bank of America Corp., Chevron Corp., Coca-Cola Co., HP Inc., Moody’s Corp., Occidental and Paramount Global.</p><p>“America would have done fine without Berkshire. The reverse is not true,” Mr. Buffett said.</p><p>Berkshire also released its results for 2022 on Saturday.</p><p>The Omaha, Neb., company, which owns businesses including insurer Geico, railroad BNSF Railway and chocolate maker See’s Candies, posted a loss of $22.82 billion for the year, stung by $67.9 billion in investment and derivative contract losses. In 2021, Berkshire posted a profit of $90.8 billion.</p><p>Total revenue rose 9.4% to $302.1 billion.</p><p>Berkshire’s operating earnings, which exclude some investment results, rose to a record $30.8 billion.</p><p>Mr. Buffett, Berkshire’s chief executive, has long held that operating earnings are a better reflection of how Berkshire is doing, since accounting rules require the company to include unrealized gains and losses from its massive investment portfolio in its net income. Volatile markets can make Berkshire’s net income change substantially from quarter to quarter, regardless of how its underlying businesses are doing.</p><p>“Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades,” Mr. Buffett said in his letter. “But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors,” he said, adding that he and his right-hand man Charlie Munger urged shareholders to focus instead on Berkshire’s operating earnings, which rose to a record for the full year in 2022.</p><h2>Read the full letter here:</h2><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their adult lifetime. It is those dedicated savers that are forefront in my mind as I write this letter.</p><p>A common belief is that people choose to save when young, expecting thereby to maintain their living standards after retirement. Any assets that remain at death, this theory says, will usually be left to their families or, possibly, to friends and philanthropy.</p><p>Our experience has differed. We believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular.</p><p>The disposition of money unmasks humans. Charlie and I watch with pleasure the vast flow of Berkshire-generated funds to public needs and, alongside, the infrequency with which our shareholders opt for look-at-me assets and dynasty-building.</p><p>Who wouldn’t enjoy working for shareholders like ours?</p><h2>What We Do</h2><p>Charlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the CEOs who make day-by-day operating decisions. When large enterprises are being managed, both trust and rules are essential. Berkshire emphasizes the former to an unusual – some would say extreme – degree. Disappointments are inevitable. We are understanding about business mistakes; our tolerance for personal misconduct is zero.</p><p>In our second category of ownership, we buy publicly-traded stocks through which we passively own pieces of businesses. Holding these investments, we have no say in management.</p><p>Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>Over the years, I have made many mistakes. Consequently, our extensive collection of businesses currently consists of a few enterprises that have truly extraordinary economics, many that enjoy very good economic characteristics, and a large group that are marginal. Along the way, other businesses in which I have invested have died, their products unwanted by the public. Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”</p><p>One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s crucial to understand that stocks often trade at truly foolish prices, both high and low. “Efficient” markets exist only in textbooks. In truth, marketable stocks and bonds are baffling, their behavior usually understandable only in retrospect.</p><p>Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at bargain valuations. Unless under duress, the owner of a controlled business gives no thought to selling at a panic-type valuation.</p><p>* * * * * * * * * * * *</p><p>At this point, a report card from me is appropriate: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck. (Remember our escapes from near-disasters at USAir and Salomon? I certainly do.)</p><p>Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire. Let’s take a peek behind the curtain.</p><h2>The Secret Sauce</h2><p>In August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.</p><p>The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.</p><p>American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.</p><p>These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.</p><p>Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. (An example would be a high-grade 30-year bond.) That disappointing investment would now represent an insignificant 0.3% of Berkshire’s net worth and would be delivering to us an unchanged $80 million or so of annual income.</p><p>The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.</p><h2>The Past Year in Brief</h2><p>Berkshire had a good year in 2022. The company’s operating earnings – our term for income calculated using Generally Accepted Accounting Principles (“GAAP”), exclusive of capital gains or losses from equity holdings – set a record at $30.8 billion. Charlie and I focus on this operational figure and urge you to do so as well. The GAAP figure, absent our adjustment, fluctuates wildly and capriciously at every reporting date. Note its acrobatic behavior in 2022, which is in no way unusual:</p><p><img src=\"https://static.tigerbbs.com/69e74650656620f9fa3f1e55c15a90e5\" tg-width=\"797\" tg-height=\"207\" width=\"100%\" height=\"auto\"/></p><p>The GAAP earnings are 100% misleading when viewed quarterly or even annually. Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades. But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors.</p><p>A second positive development for Berkshire last year was our purchase of Alleghany Corporation, a property-casualty insurer captained by Joe Brandon. I’ve worked with Joe in the past, and he understands both Berkshire  and insurance. Alleghany delivers special value to us because Berkshire’s unmatched financial strength allows its insurance subsidiaries to follow valuable and enduring investment strategies unavailable to virtually all competitors.</p><p>Aided by Alleghany, our insurance float increased during 2022 from $147 billion to $164 billion. With disciplined underwriting, these funds have a decent chance of being cost-free over time. Since purchasing our first property-casualty insurer in 1967, Berkshire’s float has increased 8,000-fold through acquisitions, operations and innovations. Though not recognized in our financial statements, this float has been an extraordinary asset for Berkshire. New shareholders can get an understanding of its value by reading our annually updated explanation of float on page A-2.</p><p>* * * * * * * * * * * *</p><p>A very minor gain in per-share intrinsic value took place in 2022 through Berkshire share repurchases as well as similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased your interest in our unique collection of businesses by repurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchases increased Berkshire’s ownership a bit without any cost to us.</p><p>The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices. Just as surely, when a company overpays for repurchases, the continuing shareholders lose. At such times, gains flow only to the selling shareholders and to the friendly, but expensive, investment banker who recommended the foolish purchases.</p><p>Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. Imagine, if you will, three fully-informed shareholders of a local auto dealership, one of whom manages the business. Imagine, further, that one of the passive owners wishes to sell his interest back to the company at a price attractive to the two continuing shareholders. When completed, has this transaction harmed anyone? Is the manager somehow favored over the continuing passive owners? Has the public been hurt?</p><p>When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive).</p><p>Almost endless details of Berkshire’s 2022 operations are laid out on pages K-33 – K-66. Charlie and I, along with many Berkshire shareholders, enjoy poring over the many facts and figures laid out in that section. These pages are not, however, required reading. There are many Berkshire centimillionaires and, yes, billionaires who have never studied our financial figures. They simply know that Charlie and I – along with our families and close friends – continue to have very significant investments in Berkshire, and they trust us to treat their money as we do our own.</p><p>And that is a promise we can make.</p><p>* * * * * * * * * * * *</p><p>Finally, an important warning: Even the operating earnings figure that we favor can easily be manipulated by managers who wish to do so. Such tampering is often thought of as sophisticated by CEOs, directors and their advisors. Reporters and analysts embrace its existence as well. Beating “expectations” is heralded as a managerial triumph.</p><p>That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. “Bold imaginative accounting,” as a CEO once described his deception to me, has become one of the shames of capitalism.</p><h2>58 Years – and a Few Figures</h2><p>In 1965, Berkshire was a one-trick pony, the owner of a venerable – but doomed – New England textile operation. With that business on a death march, Berkshire needed an immediate fresh start. Looking back, I was slow to recognize the severity of its problems.</p><p>And then came a stroke of good luck: National Indemnity became available in 1967, and we shifted our resources toward insurance and other non-textile operations.</p><p>Thus began our journey to 2023, a bumpy road involving a combination of continuous savings by our owners (that is, by their retaining earnings), the power of compounding, our avoidance of major mistakes and – most important of all – the American Tailwind. America would have done fine without Berkshire. The reverse is not true.</p><p>Berkshire now enjoys major ownership in an unmatched collection of huge and diversified businesses. Let’s first look at the 5,000 or so publicly-held companies that trade daily on NASDAQ, the NYSE and related venues. Within this group is housed the members of the S&amp;P 500 Index, an elite collection of large and well-known American companies.</p><p>In aggregate, the 500 earned $1.8 trillion in 2021. I don’t yet have the final results for 2022. Using, therefore, the 2021 figures, only 128 of the 500 (including Berkshire itself) earned $3 billion or more. Indeed, 23 lost money.</p><p>At yearend 2022, Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola, HP Inc., Moody’s, Occidental Petroleum and Paramount Global.</p><p>In addition to those eight investees, Berkshire owns 100% of BNSF and 92% of BH Energy, each with earnings that exceed the $3 billion mark noted above ($5.9 billion at BNSF and</p><p>$4.3 billion at BHE). Were these companies publicly-owned, they would replace two present members of the 500. All told, our ten controlled and non-controlled behemoths leave Berkshire more broadly aligned with the country’s economic future than is the case at any other U.S. company. (This calculation leaves aside “fiduciary” operations such as pension funds and investment companies.) In addition, Berkshire’s insurance operation, though conducted through many individually-managed subsidiaries, has a value comparable to BNSF or BHE.</p><p>As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate. Additionally, our future CEOs will have a significant part of their net worth in Berkshire shares, bought with their own money. And yes, our shareholders will continue to save and prosper by retaining earnings.</p><p>At Berkshire, there will be no finish line.</p><h2>Some Surprising Facts About Federal Taxes</h2><p>During the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion.</p><p>Though economists, politicians and many of the public have opinions about the consequences of that huge imbalance, Charlie and I plead ignorance and firmly believe that near-term economic and market forecasts are worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur. Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences.</p><p>The $32 trillion of revenue was garnered by the Treasury through individual income taxes (48%), social security and related receipts (3412%), corporate income tax payments (812%) and a wide variety of lesser levies. Berkshire’s contribution via the corporate income tax was $32 billion during the decade, almost exactly a tenth of 1% of all money that the Treasury collected.</p><p>And that means – brace yourself – had there been roughly 1,000 taxpayers in the U.S. matching Berkshire’s payments, no other businesses nor any of the country’s 131 million households would have needed to pay any taxes to the federal government. Not a dime.</p><p>* * * * * * * * * * * *</p><p>Millions, billions, trillions – we all know the words, but the sums involved are almost impossible to comprehend. Let’s put physical dimensions to the numbers:</p><p>- If you convert $1 million into newly-printed $100 bills, you will have a stack that reaches your chest.</p><p>- Perform the same exercise with $1 billion – this is getting exciting! – and the stack reaches about 34 of a mile into the sky.</p><p>- Finally, imagine piling up $32 billion, the total of Berkshire’s 2012-21 federal income tax payments. Now the stack grows to more than 21 miles in height, about three times the level at which commercial airplanes usually cruise.</p><p>When it comes to federal taxes, individuals who own Berkshire can unequivocally state “I gave at the office.”</p><p>* * * * * * * * * * * *</p><p>At Berkshire we hope and expect to pay much more in taxes during the next decade. We owe the country no less: America’s dynamism has made a huge contribution to whatever success Berkshire has achieved – a contribution Berkshire will always need. We count on the American Tailwind and, though it has been becalmed from time to time, its propelling force has always returned.</p><p>I have been investing for 80 years – more than one-third of our country’s lifetime. Despite our citizens’ penchant – almost enthusiasm – for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.</p><h2>Nothing Beats Having a Great Partner</h2><p>Charlie and I think pretty much alike. But what it takes me a page to explain, he sums up in a sentence. His version, moreover, is always more clearly reasoned and also more artfully – some might add bluntly – stated.</p><p>Here are a few of his thoughts, many lifted from a very recent podcast:</p><p>- The world is full of foolish gamblers, and they will not do as well as the patient investor.</p><p>- If you don’t see the world the way it is, it’s like judging something through a distorted lens.</p><p>- All I want to know is where I’m going to die, so I’ll never go there. And a related thought: Early on, write your desired obituary – and then behave accordingly.</p><p>- If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.</p><p>- Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.</p><p>- You can learn a lot from dead people. Read of the deceased you admire and detest.</p><p>- Don’t bail away in a sinking boat if you can swim to one that is seaworthy.</p><p>- A great company keeps working after you are not; a mediocre company won’t do that.</p><p>- Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.</p><p>- Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s a weighing machine.” If you keep making something more valuable, then some wise person is going to notice it and start buying.</p><p>- There is no such thing as a 100% sure thing when investing. Thus, the use of leverage is dangerous. A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice.</p><p>- You don’t, however, need to own a lot of things in order to get rich.</p><p>- You have to keep learning if you want to become a great investor. When the world changes, you must change.</p><p>- Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never.</p><p>- Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”</p><p>And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.</p><p>* * * * * * * * * * * *</p><p>I will add to Charlie’s list a rule of my own:   Find   a   very   smart   high-grade partner – preferably slightly older than you – and then listen very carefully to what he says.</p><h2>A Family Gathering in Omaha</h2><p>Charlie and I are shameless. Last year, at our first shareholder get-together in three years, we greeted you with our usual commercial hustle.</p><p>From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sold you eleven tons of nourishing peanut brittle and chocolates. In our P.T. Barnum pitch, we promised you longevity. After all, what else but candy from See’s could account for Charlie and me making it to 99 and 92?</p><p>I know you can’t wait to hear the specifics of last year’s hustle.</p><p>On Friday, the doors were open from noon until 5 p.m., and our candy counters rang up 2,690 individual sales. On Saturday, See’s registered an additional 3,931 transactions between 7 a.m. and 4:30 p.m., despite the fact that 612 of the 912 operating hours occurred while our movie and the question-and-answer session were limiting commercial traffic.</p><p>Do the math: See’s rang up about 10 sales per minute during its prime operating time (racking up $400,309 of volume during the two days), with all the goods purchased at a single location selling products that haven’t been materially altered in 101 years. What worked for See’s in the days of Henry Ford’s model T works now.</p><p>* * * * * * * * * * * *</p><p>Charlie, I, and the entire Berkshire bunch look forward to seeing you in Omaha on May 5-6. We will have a good time and so will you.</p><p>February 25, 2023 Warren E. Buffett </p><p>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’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills</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’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills\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\">2023-02-25 22:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Warren Buffett is still betting on America.</p><p>Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.</p><p>“I have been investing for 80 years—more than one-third of our country’s lifetime. Despite our citizens’ penchant—almost enthusiasm—for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America,” Mr. Buffett said in the letter.</p><p>Mr. Buffett, widely regarded as one of the world’s top investors, has been publishing the letters for more than half a century. Over that time, he hasn’t just reflected on the past year for his company, Berkshire Hathaway Inc., but also shared his thoughts on everything from esoteric accounting rules to his aversion to excessive risk-taking.</p><p>Saturday’s letter offered readers a glimpse into how Mr. Buffett, 92, viewed what wound up being a shaky stretch for markets.</p><p>The volatility offered Berkshire an opportunity to jump in and buy stocks. While Berkshire largely bought back its own shares in 2021, it focused more in 2022 on investing in other companies—opening up new positions in media company Paramount Global and building-materials manufacturer Louisiana-Pacific Corp., among other businesses, and swiftly becoming Occidental Petroleum Corp.’s single biggest shareholder.</p><p>As of the end of 2022, Berkshire was the largest shareholder of eight companies—American Express Co., Bank of America Corp., Chevron Corp., Coca-Cola Co., HP Inc., Moody’s Corp., Occidental and Paramount Global.</p><p>“America would have done fine without Berkshire. The reverse is not true,” Mr. Buffett said.</p><p>Berkshire also released its results for 2022 on Saturday.</p><p>The Omaha, Neb., company, which owns businesses including insurer Geico, railroad BNSF Railway and chocolate maker See’s Candies, posted a loss of $22.82 billion for the year, stung by $67.9 billion in investment and derivative contract losses. In 2021, Berkshire posted a profit of $90.8 billion.</p><p>Total revenue rose 9.4% to $302.1 billion.</p><p>Berkshire’s operating earnings, which exclude some investment results, rose to a record $30.8 billion.</p><p>Mr. Buffett, Berkshire’s chief executive, has long held that operating earnings are a better reflection of how Berkshire is doing, since accounting rules require the company to include unrealized gains and losses from its massive investment portfolio in its net income. Volatile markets can make Berkshire’s net income change substantially from quarter to quarter, regardless of how its underlying businesses are doing.</p><p>“Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades,” Mr. Buffett said in his letter. “But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors,” he said, adding that he and his right-hand man Charlie Munger urged shareholders to focus instead on Berkshire’s operating earnings, which rose to a record for the full year in 2022.</p><h2>Read the full letter here:</h2><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their adult lifetime. It is those dedicated savers that are forefront in my mind as I write this letter.</p><p>A common belief is that people choose to save when young, expecting thereby to maintain their living standards after retirement. Any assets that remain at death, this theory says, will usually be left to their families or, possibly, to friends and philanthropy.</p><p>Our experience has differed. We believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular.</p><p>The disposition of money unmasks humans. Charlie and I watch with pleasure the vast flow of Berkshire-generated funds to public needs and, alongside, the infrequency with which our shareholders opt for look-at-me assets and dynasty-building.</p><p>Who wouldn’t enjoy working for shareholders like ours?</p><h2>What We Do</h2><p>Charlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the CEOs who make day-by-day operating decisions. When large enterprises are being managed, both trust and rules are essential. Berkshire emphasizes the former to an unusual – some would say extreme – degree. Disappointments are inevitable. We are understanding about business mistakes; our tolerance for personal misconduct is zero.</p><p>In our second category of ownership, we buy publicly-traded stocks through which we passively own pieces of businesses. Holding these investments, we have no say in management.</p><p>Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>Over the years, I have made many mistakes. Consequently, our extensive collection of businesses currently consists of a few enterprises that have truly extraordinary economics, many that enjoy very good economic characteristics, and a large group that are marginal. Along the way, other businesses in which I have invested have died, their products unwanted by the public. Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”</p><p>One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s crucial to understand that stocks often trade at truly foolish prices, both high and low. “Efficient” markets exist only in textbooks. In truth, marketable stocks and bonds are baffling, their behavior usually understandable only in retrospect.</p><p>Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at bargain valuations. Unless under duress, the owner of a controlled business gives no thought to selling at a panic-type valuation.</p><p>* * * * * * * * * * * *</p><p>At this point, a report card from me is appropriate: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck. (Remember our escapes from near-disasters at USAir and Salomon? I certainly do.)</p><p>Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire. Let’s take a peek behind the curtain.</p><h2>The Secret Sauce</h2><p>In August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.</p><p>The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.</p><p>American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.</p><p>These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.</p><p>Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. (An example would be a high-grade 30-year bond.) That disappointing investment would now represent an insignificant 0.3% of Berkshire’s net worth and would be delivering to us an unchanged $80 million or so of annual income.</p><p>The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.</p><h2>The Past Year in Brief</h2><p>Berkshire had a good year in 2022. The company’s operating earnings – our term for income calculated using Generally Accepted Accounting Principles (“GAAP”), exclusive of capital gains or losses from equity holdings – set a record at $30.8 billion. Charlie and I focus on this operational figure and urge you to do so as well. The GAAP figure, absent our adjustment, fluctuates wildly and capriciously at every reporting date. Note its acrobatic behavior in 2022, which is in no way unusual:</p><p><img src=\"https://static.tigerbbs.com/69e74650656620f9fa3f1e55c15a90e5\" tg-width=\"797\" tg-height=\"207\" width=\"100%\" height=\"auto\"/></p><p>The GAAP earnings are 100% misleading when viewed quarterly or even annually. Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades. But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors.</p><p>A second positive development for Berkshire last year was our purchase of Alleghany Corporation, a property-casualty insurer captained by Joe Brandon. I’ve worked with Joe in the past, and he understands both Berkshire  and insurance. Alleghany delivers special value to us because Berkshire’s unmatched financial strength allows its insurance subsidiaries to follow valuable and enduring investment strategies unavailable to virtually all competitors.</p><p>Aided by Alleghany, our insurance float increased during 2022 from $147 billion to $164 billion. With disciplined underwriting, these funds have a decent chance of being cost-free over time. Since purchasing our first property-casualty insurer in 1967, Berkshire’s float has increased 8,000-fold through acquisitions, operations and innovations. Though not recognized in our financial statements, this float has been an extraordinary asset for Berkshire. New shareholders can get an understanding of its value by reading our annually updated explanation of float on page A-2.</p><p>* * * * * * * * * * * *</p><p>A very minor gain in per-share intrinsic value took place in 2022 through Berkshire share repurchases as well as similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased your interest in our unique collection of businesses by repurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchases increased Berkshire’s ownership a bit without any cost to us.</p><p>The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices. Just as surely, when a company overpays for repurchases, the continuing shareholders lose. At such times, gains flow only to the selling shareholders and to the friendly, but expensive, investment banker who recommended the foolish purchases.</p><p>Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. Imagine, if you will, three fully-informed shareholders of a local auto dealership, one of whom manages the business. Imagine, further, that one of the passive owners wishes to sell his interest back to the company at a price attractive to the two continuing shareholders. When completed, has this transaction harmed anyone? Is the manager somehow favored over the continuing passive owners? Has the public been hurt?</p><p>When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive).</p><p>Almost endless details of Berkshire’s 2022 operations are laid out on pages K-33 – K-66. Charlie and I, along with many Berkshire shareholders, enjoy poring over the many facts and figures laid out in that section. These pages are not, however, required reading. There are many Berkshire centimillionaires and, yes, billionaires who have never studied our financial figures. They simply know that Charlie and I – along with our families and close friends – continue to have very significant investments in Berkshire, and they trust us to treat their money as we do our own.</p><p>And that is a promise we can make.</p><p>* * * * * * * * * * * *</p><p>Finally, an important warning: Even the operating earnings figure that we favor can easily be manipulated by managers who wish to do so. Such tampering is often thought of as sophisticated by CEOs, directors and their advisors. Reporters and analysts embrace its existence as well. Beating “expectations” is heralded as a managerial triumph.</p><p>That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. “Bold imaginative accounting,” as a CEO once described his deception to me, has become one of the shames of capitalism.</p><h2>58 Years – and a Few Figures</h2><p>In 1965, Berkshire was a one-trick pony, the owner of a venerable – but doomed – New England textile operation. With that business on a death march, Berkshire needed an immediate fresh start. Looking back, I was slow to recognize the severity of its problems.</p><p>And then came a stroke of good luck: National Indemnity became available in 1967, and we shifted our resources toward insurance and other non-textile operations.</p><p>Thus began our journey to 2023, a bumpy road involving a combination of continuous savings by our owners (that is, by their retaining earnings), the power of compounding, our avoidance of major mistakes and – most important of all – the American Tailwind. America would have done fine without Berkshire. The reverse is not true.</p><p>Berkshire now enjoys major ownership in an unmatched collection of huge and diversified businesses. Let’s first look at the 5,000 or so publicly-held companies that trade daily on NASDAQ, the NYSE and related venues. Within this group is housed the members of the S&amp;P 500 Index, an elite collection of large and well-known American companies.</p><p>In aggregate, the 500 earned $1.8 trillion in 2021. I don’t yet have the final results for 2022. Using, therefore, the 2021 figures, only 128 of the 500 (including Berkshire itself) earned $3 billion or more. Indeed, 23 lost money.</p><p>At yearend 2022, Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola, HP Inc., Moody’s, Occidental Petroleum and Paramount Global.</p><p>In addition to those eight investees, Berkshire owns 100% of BNSF and 92% of BH Energy, each with earnings that exceed the $3 billion mark noted above ($5.9 billion at BNSF and</p><p>$4.3 billion at BHE). Were these companies publicly-owned, they would replace two present members of the 500. All told, our ten controlled and non-controlled behemoths leave Berkshire more broadly aligned with the country’s economic future than is the case at any other U.S. company. (This calculation leaves aside “fiduciary” operations such as pension funds and investment companies.) In addition, Berkshire’s insurance operation, though conducted through many individually-managed subsidiaries, has a value comparable to BNSF or BHE.</p><p>As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate. Additionally, our future CEOs will have a significant part of their net worth in Berkshire shares, bought with their own money. And yes, our shareholders will continue to save and prosper by retaining earnings.</p><p>At Berkshire, there will be no finish line.</p><h2>Some Surprising Facts About Federal Taxes</h2><p>During the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion.</p><p>Though economists, politicians and many of the public have opinions about the consequences of that huge imbalance, Charlie and I plead ignorance and firmly believe that near-term economic and market forecasts are worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur. Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences.</p><p>The $32 trillion of revenue was garnered by the Treasury through individual income taxes (48%), social security and related receipts (3412%), corporate income tax payments (812%) and a wide variety of lesser levies. Berkshire’s contribution via the corporate income tax was $32 billion during the decade, almost exactly a tenth of 1% of all money that the Treasury collected.</p><p>And that means – brace yourself – had there been roughly 1,000 taxpayers in the U.S. matching Berkshire’s payments, no other businesses nor any of the country’s 131 million households would have needed to pay any taxes to the federal government. Not a dime.</p><p>* * * * * * * * * * * *</p><p>Millions, billions, trillions – we all know the words, but the sums involved are almost impossible to comprehend. Let’s put physical dimensions to the numbers:</p><p>- If you convert $1 million into newly-printed $100 bills, you will have a stack that reaches your chest.</p><p>- Perform the same exercise with $1 billion – this is getting exciting! – and the stack reaches about 34 of a mile into the sky.</p><p>- Finally, imagine piling up $32 billion, the total of Berkshire’s 2012-21 federal income tax payments. Now the stack grows to more than 21 miles in height, about three times the level at which commercial airplanes usually cruise.</p><p>When it comes to federal taxes, individuals who own Berkshire can unequivocally state “I gave at the office.”</p><p>* * * * * * * * * * * *</p><p>At Berkshire we hope and expect to pay much more in taxes during the next decade. We owe the country no less: America’s dynamism has made a huge contribution to whatever success Berkshire has achieved – a contribution Berkshire will always need. We count on the American Tailwind and, though it has been becalmed from time to time, its propelling force has always returned.</p><p>I have been investing for 80 years – more than one-third of our country’s lifetime. Despite our citizens’ penchant – almost enthusiasm – for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.</p><h2>Nothing Beats Having a Great Partner</h2><p>Charlie and I think pretty much alike. But what it takes me a page to explain, he sums up in a sentence. His version, moreover, is always more clearly reasoned and also more artfully – some might add bluntly – stated.</p><p>Here are a few of his thoughts, many lifted from a very recent podcast:</p><p>- The world is full of foolish gamblers, and they will not do as well as the patient investor.</p><p>- If you don’t see the world the way it is, it’s like judging something through a distorted lens.</p><p>- All I want to know is where I’m going to die, so I’ll never go there. And a related thought: Early on, write your desired obituary – and then behave accordingly.</p><p>- If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.</p><p>- Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.</p><p>- You can learn a lot from dead people. Read of the deceased you admire and detest.</p><p>- Don’t bail away in a sinking boat if you can swim to one that is seaworthy.</p><p>- A great company keeps working after you are not; a mediocre company won’t do that.</p><p>- Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.</p><p>- Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s a weighing machine.” If you keep making something more valuable, then some wise person is going to notice it and start buying.</p><p>- There is no such thing as a 100% sure thing when investing. Thus, the use of leverage is dangerous. A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice.</p><p>- You don’t, however, need to own a lot of things in order to get rich.</p><p>- You have to keep learning if you want to become a great investor. When the world changes, you must change.</p><p>- Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never.</p><p>- Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”</p><p>And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.</p><p>* * * * * * * * * * * *</p><p>I will add to Charlie’s list a rule of my own:   Find   a   very   smart   high-grade partner – preferably slightly older than you – and then listen very carefully to what he says.</p><h2>A Family Gathering in Omaha</h2><p>Charlie and I are shameless. Last year, at our first shareholder get-together in three years, we greeted you with our usual commercial hustle.</p><p>From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sold you eleven tons of nourishing peanut brittle and chocolates. In our P.T. Barnum pitch, we promised you longevity. After all, what else but candy from See’s could account for Charlie and me making it to 99 and 92?</p><p>I know you can’t wait to hear the specifics of last year’s hustle.</p><p>On Friday, the doors were open from noon until 5 p.m., and our candy counters rang up 2,690 individual sales. On Saturday, See’s registered an additional 3,931 transactions between 7 a.m. and 4:30 p.m., despite the fact that 612 of the 912 operating hours occurred while our movie and the question-and-answer session were limiting commercial traffic.</p><p>Do the math: See’s rang up about 10 sales per minute during its prime operating time (racking up $400,309 of volume during the two days), with all the goods purchased at a single location selling products that haven’t been materially altered in 101 years. What worked for See’s in the days of Henry Ford’s model T works now.</p><p>* * * * * * * * * * * *</p><p>Charlie, I, and the entire Berkshire bunch look forward to seeing you in Omaha on May 5-6. We will have a good time and so will you.</p><p>February 25, 2023 Warren E. Buffett </p><p>Chairman of the Board</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117520516","content_text":"Warren Buffett is still betting on America.Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.“I have been investing for 80 years—more than one-third of our country’s lifetime. Despite our citizens’ penchant—almost enthusiasm—for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America,” Mr. Buffett said in the letter.Mr. Buffett, widely regarded as one of the world’s top investors, has been publishing the letters for more than half a century. Over that time, he hasn’t just reflected on the past year for his company, Berkshire Hathaway Inc., but also shared his thoughts on everything from esoteric accounting rules to his aversion to excessive risk-taking.Saturday’s letter offered readers a glimpse into how Mr. Buffett, 92, viewed what wound up being a shaky stretch for markets.The volatility offered Berkshire an opportunity to jump in and buy stocks. While Berkshire largely bought back its own shares in 2021, it focused more in 2022 on investing in other companies—opening up new positions in media company Paramount Global and building-materials manufacturer Louisiana-Pacific Corp., among other businesses, and swiftly becoming Occidental Petroleum Corp.’s single biggest shareholder.As of the end of 2022, Berkshire was the largest shareholder of eight companies—American Express Co., Bank of America Corp., Chevron Corp., Coca-Cola Co., HP Inc., Moody’s Corp., Occidental and Paramount Global.“America would have done fine without Berkshire. The reverse is not true,” Mr. Buffett said.Berkshire also released its results for 2022 on Saturday.The Omaha, Neb., company, which owns businesses including insurer Geico, railroad BNSF Railway and chocolate maker See’s Candies, posted a loss of $22.82 billion for the year, stung by $67.9 billion in investment and derivative contract losses. In 2021, Berkshire posted a profit of $90.8 billion.Total revenue rose 9.4% to $302.1 billion.Berkshire’s operating earnings, which exclude some investment results, rose to a record $30.8 billion.Mr. Buffett, Berkshire’s chief executive, has long held that operating earnings are a better reflection of how Berkshire is doing, since accounting rules require the company to include unrealized gains and losses from its massive investment portfolio in its net income. Volatile markets can make Berkshire’s net income change substantially from quarter to quarter, regardless of how its underlying businesses are doing.“Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades,” Mr. Buffett said in his letter. “But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors,” he said, adding that he and his right-hand man Charlie Munger urged shareholders to focus instead on Berkshire’s operating earnings, which rose to a record for the full year in 2022.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 the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their adult lifetime. It is those dedicated savers that are forefront in my mind as I write this letter.A common belief is that people choose to save when young, expecting thereby to maintain their living standards after retirement. Any assets that remain at death, this theory says, will usually be left to their families or, possibly, to friends and philanthropy.Our experience has differed. We believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular.The disposition of money unmasks humans. Charlie and I watch with pleasure the vast flow of Berkshire-generated funds to public needs and, alongside, the infrequency with which our shareholders opt for look-at-me assets and dynasty-building.Who wouldn’t enjoy working for shareholders like ours?What We DoCharlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the CEOs who make day-by-day operating decisions. When large enterprises are being managed, both trust and rules are essential. Berkshire emphasizes the former to an unusual – some would say extreme – degree. Disappointments are inevitable. We are understanding about business mistakes; our tolerance for personal misconduct is zero.In our second category of ownership, we buy publicly-traded stocks through which we passively own pieces of businesses. Holding these investments, we have no say in management.Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.Over the years, I have made many mistakes. Consequently, our extensive collection of businesses currently consists of a few enterprises that have truly extraordinary economics, many that enjoy very good economic characteristics, and a large group that are marginal. Along the way, other businesses in which I have invested have died, their products unwanted by the public. Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s crucial to understand that stocks often trade at truly foolish prices, both high and low. “Efficient” markets exist only in textbooks. In truth, marketable stocks and bonds are baffling, their behavior usually understandable only in retrospect.Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at bargain valuations. Unless under duress, the owner of a controlled business gives no thought to selling at a panic-type valuation.* * * * * * * * * * * *At this point, a report card from me is appropriate: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck. (Remember our escapes from near-disasters at USAir and Salomon? I certainly do.)Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire. Let’s take a peek behind the curtain.The Secret SauceIn August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. (An example would be a high-grade 30-year bond.) That disappointing investment would now represent an insignificant 0.3% of Berkshire’s net worth and would be delivering to us an unchanged $80 million or so of annual income.The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.The Past Year in BriefBerkshire had a good year in 2022. The company’s operating earnings – our term for income calculated using Generally Accepted Accounting Principles (“GAAP”), exclusive of capital gains or losses from equity holdings – set a record at $30.8 billion. Charlie and I focus on this operational figure and urge you to do so as well. The GAAP figure, absent our adjustment, fluctuates wildly and capriciously at every reporting date. Note its acrobatic behavior in 2022, which is in no way unusual:The GAAP earnings are 100% misleading when viewed quarterly or even annually. Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades. But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors.A second positive development for Berkshire last year was our purchase of Alleghany Corporation, a property-casualty insurer captained by Joe Brandon. I’ve worked with Joe in the past, and he understands both Berkshire  and insurance. Alleghany delivers special value to us because Berkshire’s unmatched financial strength allows its insurance subsidiaries to follow valuable and enduring investment strategies unavailable to virtually all competitors.Aided by Alleghany, our insurance float increased during 2022 from $147 billion to $164 billion. With disciplined underwriting, these funds have a decent chance of being cost-free over time. Since purchasing our first property-casualty insurer in 1967, Berkshire’s float has increased 8,000-fold through acquisitions, operations and innovations. Though not recognized in our financial statements, this float has been an extraordinary asset for Berkshire. New shareholders can get an understanding of its value by reading our annually updated explanation of float on page A-2.* * * * * * * * * * * *A very minor gain in per-share intrinsic value took place in 2022 through Berkshire share repurchases as well as similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased your interest in our unique collection of businesses by repurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchases increased Berkshire’s ownership a bit without any cost to us.The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices. Just as surely, when a company overpays for repurchases, the continuing shareholders lose. At such times, gains flow only to the selling shareholders and to the friendly, but expensive, investment banker who recommended the foolish purchases.Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. Imagine, if you will, three fully-informed shareholders of a local auto dealership, one of whom manages the business. Imagine, further, that one of the passive owners wishes to sell his interest back to the company at a price attractive to the two continuing shareholders. When completed, has this transaction harmed anyone? Is the manager somehow favored over the continuing passive owners? Has the public been hurt?When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive).Almost endless details of Berkshire’s 2022 operations are laid out on pages K-33 – K-66. Charlie and I, along with many Berkshire shareholders, enjoy poring over the many facts and figures laid out in that section. These pages are not, however, required reading. There are many Berkshire centimillionaires and, yes, billionaires who have never studied our financial figures. They simply know that Charlie and I – along with our families and close friends – continue to have very significant investments in Berkshire, and they trust us to treat their money as we do our own.And that is a promise we can make.* * * * * * * * * * * *Finally, an important warning: Even the operating earnings figure that we favor can easily be manipulated by managers who wish to do so. Such tampering is often thought of as sophisticated by CEOs, directors and their advisors. Reporters and analysts embrace its existence as well. Beating “expectations” is heralded as a managerial triumph.That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. “Bold imaginative accounting,” as a CEO once described his deception to me, has become one of the shames of capitalism.58 Years – and a Few FiguresIn 1965, Berkshire was a one-trick pony, the owner of a venerable – but doomed – New England textile operation. With that business on a death march, Berkshire needed an immediate fresh start. Looking back, I was slow to recognize the severity of its problems.And then came a stroke of good luck: National Indemnity became available in 1967, and we shifted our resources toward insurance and other non-textile operations.Thus began our journey to 2023, a bumpy road involving a combination of continuous savings by our owners (that is, by their retaining earnings), the power of compounding, our avoidance of major mistakes and – most important of all – the American Tailwind. America would have done fine without Berkshire. The reverse is not true.Berkshire now enjoys major ownership in an unmatched collection of huge and diversified businesses. Let’s first look at the 5,000 or so publicly-held companies that trade daily on NASDAQ, the NYSE and related venues. Within this group is housed the members of the S&P 500 Index, an elite collection of large and well-known American companies.In aggregate, the 500 earned $1.8 trillion in 2021. I don’t yet have the final results for 2022. Using, therefore, the 2021 figures, only 128 of the 500 (including Berkshire itself) earned $3 billion or more. Indeed, 23 lost money.At yearend 2022, Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola, HP Inc., Moody’s, Occidental Petroleum and Paramount Global.In addition to those eight investees, Berkshire owns 100% of BNSF and 92% of BH Energy, each with earnings that exceed the $3 billion mark noted above ($5.9 billion at BNSF and$4.3 billion at BHE). Were these companies publicly-owned, they would replace two present members of the 500. All told, our ten controlled and non-controlled behemoths leave Berkshire more broadly aligned with the country’s economic future than is the case at any other U.S. company. (This calculation leaves aside “fiduciary” operations such as pension funds and investment companies.) In addition, Berkshire’s insurance operation, though conducted through many individually-managed subsidiaries, has a value comparable to BNSF or BHE.As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate. Additionally, our future CEOs will have a significant part of their net worth in Berkshire shares, bought with their own money. And yes, our shareholders will continue to save and prosper by retaining earnings.At Berkshire, there will be no finish line.Some Surprising Facts About Federal TaxesDuring the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion.Though economists, politicians and many of the public have opinions about the consequences of that huge imbalance, Charlie and I plead ignorance and firmly believe that near-term economic and market forecasts are worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur. Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences.The $32 trillion of revenue was garnered by the Treasury through individual income taxes (48%), social security and related receipts (3412%), corporate income tax payments (812%) and a wide variety of lesser levies. Berkshire’s contribution via the corporate income tax was $32 billion during the decade, almost exactly a tenth of 1% of all money that the Treasury collected.And that means – brace yourself – had there been roughly 1,000 taxpayers in the U.S. matching Berkshire’s payments, no other businesses nor any of the country’s 131 million households would have needed to pay any taxes to the federal government. Not a dime.* * * * * * * * * * * *Millions, billions, trillions – we all know the words, but the sums involved are almost impossible to comprehend. Let’s put physical dimensions to the numbers:- If you convert $1 million into newly-printed $100 bills, you will have a stack that reaches your chest.- Perform the same exercise with $1 billion – this is getting exciting! – and the stack reaches about 34 of a mile into the sky.- Finally, imagine piling up $32 billion, the total of Berkshire’s 2012-21 federal income tax payments. Now the stack grows to more than 21 miles in height, about three times the level at which commercial airplanes usually cruise.When it comes to federal taxes, individuals who own Berkshire can unequivocally state “I gave at the office.”* * * * * * * * * * * *At Berkshire we hope and expect to pay much more in taxes during the next decade. We owe the country no less: America’s dynamism has made a huge contribution to whatever success Berkshire has achieved – a contribution Berkshire will always need. We count on the American Tailwind and, though it has been becalmed from time to time, its propelling force has always returned.I have been investing for 80 years – more than one-third of our country’s lifetime. Despite our citizens’ penchant – almost enthusiasm – for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.Nothing Beats Having a Great PartnerCharlie and I think pretty much alike. But what it takes me a page to explain, he sums up in a sentence. His version, moreover, is always more clearly reasoned and also more artfully – some might add bluntly – stated.Here are a few of his thoughts, many lifted from a very recent podcast:- The world is full of foolish gamblers, and they will not do as well as the patient investor.- If you don’t see the world the way it is, it’s like judging something through a distorted lens.- All I want to know is where I’m going to die, so I’ll never go there. And a related thought: Early on, write your desired obituary – and then behave accordingly.- If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.- Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.- You can learn a lot from dead people. Read of the deceased you admire and detest.- Don’t bail away in a sinking boat if you can swim to one that is seaworthy.- A great company keeps working after you are not; a mediocre company won’t do that.- Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.- Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s a weighing machine.” If you keep making something more valuable, then some wise person is going to notice it and start buying.- There is no such thing as a 100% sure thing when investing. Thus, the use of leverage is dangerous. A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice.- You don’t, however, need to own a lot of things in order to get rich.- You have to keep learning if you want to become a great investor. When the world changes, you must change.- Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never.- Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.* * * * * * * * * * * *I will add to Charlie’s list a rule of my own:   Find   a   very   smart   high-grade partner – preferably slightly older than you – and then listen very carefully to what he says.A Family Gathering in OmahaCharlie and I are shameless. Last year, at our first shareholder get-together in three years, we greeted you with our usual commercial hustle.From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sold you eleven tons of nourishing peanut brittle and chocolates. In our P.T. Barnum pitch, we promised you longevity. After all, what else but candy from See’s could account for Charlie and me making it to 99 and 92?I know you can’t wait to hear the specifics of last year’s hustle.On Friday, the doors were open from noon until 5 p.m., and our candy counters rang up 2,690 individual sales. On Saturday, See’s registered an additional 3,931 transactions between 7 a.m. and 4:30 p.m., despite the fact that 612 of the 912 operating hours occurred while our movie and the question-and-answer session were limiting commercial traffic.Do the math: See’s rang up about 10 sales per minute during its prime operating time (racking up $400,309 of volume during the two days), with all the goods purchased at a single location selling products that haven’t been materially altered in 101 years. What worked for See’s in the days of Henry Ford’s model T works now.* * * * * * * * * * * *Charlie, I, and the entire Berkshire bunch look forward to seeing you in Omaha on May 5-6. We will have a good time and so will you.February 25, 2023 Warren E. Buffett Chairman of the Board","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955264589,"gmtCreate":1675467641441,"gmtModify":1676539004491,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955264589","repostId":"1139466231","repostType":4,"repost":{"id":"1139466231","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1675467152,"share":"https://ttm.financial/m/news/1139466231?lang=&edition=fundamental","pubTime":"2023-02-04 07:32","market":"us","language":"en","title":"Amazon, Apple, Alphabet, Ford, Nordstrom, and More: These Stocks Moved the Most Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1139466231","media":"Dow Jones","summary":"Stocks closed lower Friday, as investors digested a surprisingly strong jobs report and disappointin","content":"<html><head></head><body><p>Stocks closed lower Friday, as investors digested a surprisingly strong jobs report and disappointing earnings from Big Tech.</p><p>These stocks made moves Friday:</p><p><b>Amazon.com (AMZN)</b> fell 8.4% after the tech and online retailing giant reported better-than-expected fourth-quarter sales growth but weaker-than-anticipated profit, due largely to a loss on the company’s stake in electric-truck maker Rivian (RIVN). Revenue at the company’s Amazon Web Services unit fell shy of expectations, and Amazon’s first-quarter revenue outlook, was well below Wall Street estimates.</p><p><b>Apple </b><b>(AAPL)</b> rose 2.4% after falling in premarket trading. The iPhone maker reported fiscal first-quarter earnings and sales that missed Wall Street estimates. Revenue of $117.2 billion fell 5% from a year earlier, marking the first quarterly revenue decline for Apple in nearly four years. Sales in the company’s iPhone, Mac and wearables segments, in particular, came up well short of expectations.</p><p>Google parent <b>Alphabet </b><b>(GOOGL)</b> reported slowing revenue growth in the fourth quarter and an earnings miss, sending the stock down 2.8%. An advertising slowdown weighed on the results.</p><p>Auto maker <b>Ford </b><b>(F)</b> reported fourth-quarter earnings that missed analysts’ expectations and the stock tumbled 7.6%. Ford said it expects to generate operating profit in 2023 of about $9 billion to $11 billion; Wall Street had projected operating profit this year of about $10 billion.</p><p><b>Nordstrom </b><b>(JWN)</b> surged 25% after The Wall Street Journal reported activist investor Ryan Cohen has taken a big stake in the retailer. The Journal reported that Cohen has become one of the top five non-family shareholders of the company.</p><p><b>Bill.com Holdings </b><b>(BILL) </b>tumbled 27% after the software company reported revenue guidance that disappointed Wall Street. An analyst at BTIG downgraded the stock to Neutral from Buy, while a BMO analyst downgraded Bill.com to Market Perform from Outperform.</p><p><b>Clorox </b><b>(CLX)</b> rose 9.8% after the cleaning products company posted better-than-expected fiscal second-quarter profit.</p><p><b>Atlassian (TEAM)</b> fell 7.2%. The software company’s fiscal second-quarter loss was wider than a year earlier.</p><p><b>Starbucks (SBUX)</b> was down 4.4% after the coffee chain reportedfiscal first-quarter earningsthat missed Wall Street forecasts.</p><p><b>Activision Blizzard </b><b>(ATVI)</b> declined 2.4% after the Securities and Exchange Commission said that the video game company agreed to pay $35 million to settle charges related to an investigation into the company’s disclosure procedures for complaints of workplace misconduct.</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>Amazon, Apple, Alphabet, Ford, Nordstrom, and More: These Stocks Moved the Most Friday</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\">\nAmazon, Apple, Alphabet, Ford, Nordstrom, and More: These Stocks Moved the Most Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-02-04 07:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks closed lower Friday, as investors digested a surprisingly strong jobs report and disappointing earnings from Big Tech.</p><p>These stocks made moves Friday:</p><p><b>Amazon.com (AMZN)</b> fell 8.4% after the tech and online retailing giant reported better-than-expected fourth-quarter sales growth but weaker-than-anticipated profit, due largely to a loss on the company’s stake in electric-truck maker Rivian (RIVN). Revenue at the company’s Amazon Web Services unit fell shy of expectations, and Amazon’s first-quarter revenue outlook, was well below Wall Street estimates.</p><p><b>Apple </b><b>(AAPL)</b> rose 2.4% after falling in premarket trading. The iPhone maker reported fiscal first-quarter earnings and sales that missed Wall Street estimates. Revenue of $117.2 billion fell 5% from a year earlier, marking the first quarterly revenue decline for Apple in nearly four years. Sales in the company’s iPhone, Mac and wearables segments, in particular, came up well short of expectations.</p><p>Google parent <b>Alphabet </b><b>(GOOGL)</b> reported slowing revenue growth in the fourth quarter and an earnings miss, sending the stock down 2.8%. An advertising slowdown weighed on the results.</p><p>Auto maker <b>Ford </b><b>(F)</b> reported fourth-quarter earnings that missed analysts’ expectations and the stock tumbled 7.6%. Ford said it expects to generate operating profit in 2023 of about $9 billion to $11 billion; Wall Street had projected operating profit this year of about $10 billion.</p><p><b>Nordstrom </b><b>(JWN)</b> surged 25% after The Wall Street Journal reported activist investor Ryan Cohen has taken a big stake in the retailer. The Journal reported that Cohen has become one of the top five non-family shareholders of the company.</p><p><b>Bill.com Holdings </b><b>(BILL) </b>tumbled 27% after the software company reported revenue guidance that disappointed Wall Street. An analyst at BTIG downgraded the stock to Neutral from Buy, while a BMO analyst downgraded Bill.com to Market Perform from Outperform.</p><p><b>Clorox </b><b>(CLX)</b> rose 9.8% after the cleaning products company posted better-than-expected fiscal second-quarter profit.</p><p><b>Atlassian (TEAM)</b> fell 7.2%. The software company’s fiscal second-quarter loss was wider than a year earlier.</p><p><b>Starbucks (SBUX)</b> was down 4.4% after the coffee chain reportedfiscal first-quarter earningsthat missed Wall Street forecasts.</p><p><b>Activision Blizzard </b><b>(ATVI)</b> declined 2.4% after the Securities and Exchange Commission said that the video game company agreed to pay $35 million to settle charges related to an investigation into the company’s disclosure procedures for complaints of workplace misconduct.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","BILL":"BILL HOLDINGS INC","AAPL":"苹果","ATVI":"动视暴雪","CLX":"高乐氏","AMZN":"亚马逊","F":"福特汽车","TEAM":"Atlassian Corporation PLC","SBUX":"星巴克","JWN":"诺德斯特龙"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139466231","content_text":"Stocks closed lower Friday, as investors digested a surprisingly strong jobs report and disappointing earnings from Big Tech.These stocks made moves Friday:Amazon.com (AMZN) fell 8.4% after the tech and online retailing giant reported better-than-expected fourth-quarter sales growth but weaker-than-anticipated profit, due largely to a loss on the company’s stake in electric-truck maker Rivian (RIVN). Revenue at the company’s Amazon Web Services unit fell shy of expectations, and Amazon’s first-quarter revenue outlook, was well below Wall Street estimates.Apple (AAPL) rose 2.4% after falling in premarket trading. The iPhone maker reported fiscal first-quarter earnings and sales that missed Wall Street estimates. Revenue of $117.2 billion fell 5% from a year earlier, marking the first quarterly revenue decline for Apple in nearly four years. Sales in the company’s iPhone, Mac and wearables segments, in particular, came up well short of expectations.Google parent Alphabet (GOOGL) reported slowing revenue growth in the fourth quarter and an earnings miss, sending the stock down 2.8%. An advertising slowdown weighed on the results.Auto maker Ford (F) reported fourth-quarter earnings that missed analysts’ expectations and the stock tumbled 7.6%. Ford said it expects to generate operating profit in 2023 of about $9 billion to $11 billion; Wall Street had projected operating profit this year of about $10 billion.Nordstrom (JWN) surged 25% after The Wall Street Journal reported activist investor Ryan Cohen has taken a big stake in the retailer. The Journal reported that Cohen has become one of the top five non-family shareholders of the company.Bill.com Holdings (BILL) tumbled 27% after the software company reported revenue guidance that disappointed Wall Street. An analyst at BTIG downgraded the stock to Neutral from Buy, while a BMO analyst downgraded Bill.com to Market Perform from Outperform.Clorox (CLX) rose 9.8% after the cleaning products company posted better-than-expected fiscal second-quarter profit.Atlassian (TEAM) fell 7.2%. The software company’s fiscal second-quarter loss was wider than a year earlier.Starbucks (SBUX) was down 4.4% after the coffee chain reportedfiscal first-quarter earningsthat missed Wall Street forecasts.Activision Blizzard (ATVI) declined 2.4% after the Securities and Exchange Commission said that the video game company agreed to pay $35 million to settle charges related to an investigation into the company’s disclosure procedures for complaints of workplace misconduct.","news_type":1},"isVote":1,"tweetType":1,"viewCount":148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943884344,"gmtCreate":1679354276188,"gmtModify":1679354280343,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943884344","repostId":"2321866663","repostType":4,"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951658564,"gmtCreate":1673480269958,"gmtModify":1676538842885,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9951658564","repostId":"2302840328","repostType":4,"repost":{"id":"2302840328","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":1673476494,"share":"https://ttm.financial/m/news/2302840328?lang=&edition=fundamental","pubTime":"2023-01-12 06:34","market":"us","language":"en","title":"Wall St Ends Sharply Higher on Optimism Before Key Inflation Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2302840328","media":"Reuters","summary":"* CPI report due Thursday before the bell* Bed, Bath & Beyond extends recent gains* Indexes: Dow up ","content":"<html><head></head><body><p>* CPI report due Thursday before the bell</p><p>* Bed, Bath &amp; Beyond extends recent gains</p><p>* Indexes: Dow up 0.8%, S&amp;P 500 up 1.3%, Nasdaq up 1.8%</p><p><img src=\"https://static.tigerbbs.com/f423a7d52d3e3199f0c20726990a22ba\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 11 (Reuters) - U.S. stocks ended up sharply on Wednesday, with the S&amp;P 500 and Nasdaq gaining more than 1% each as investors were optimistic ahead of an inflation report that could give the Federal Reserve room to dial back on its aggressive interest rate hikes.</p><p>The much-anticipated report due on Thursday is projected by economists polled by Reuters to show U.S. consumer prices grew 6.5% year-on-year in December, moderating from a 7.1% rise in November.</p><p>Among sectors, real estate and consumer discretionary were the day&#39;s strongest performers, while Microsoft, Amazon.com and other mega-cap growth names gave the S&amp;P 500 its biggest boost.</p><p>The benchmark index is up so far for 2023 after falling sharply last year. Hopes that the Fed could soon ease back on its aggressive tightening after raising the federal funds rate seven times in 2022 have boosted the market in recent sessions, even as comments by some Fed officials have supported the view that the central bank needs to remain vigilant about raising rates to fight inflation.</p><p>&#34;Investors are anticipating that we&#39;re closer to a pause than at any other point last year,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. He said that would be welcomed by the market.</p><p>Also, &#34;any time you have a down year, it&#39;s not surprising many times to have a reversal at the start of the new year,&#34; he said.</p><p>The Dow Jones Industrial Average rose 268.91 points, or 0.8%, to 33,973.01, the S&amp;P 500 gained 50.36 points, or 1.28%, to 3,969.61 and the Nasdaq Composite added 189.04 points, or 1.76%, to 10,931.67.</p><p>Money market participants see a 75% chance the Fed will raise the benchmark rate by 25 basis points in February.</p><p>This week also marks the start of the fourth-quarter earnings season for S&amp;P 500 companies, with overall S&amp;P 500 earnings expected to have declined year-over-year, according to IBES data from Refinitiv.</p><p>The biggest U.S. banks, which kick off the season later this week, are expected to report lower quarterly earnings as risks of a recession rise due to monetary policy tightening.</p><p>Goldman Sachs began laying off staff on Wednesday in a sweeping cost-cutting drive, a source familiar with the matter said. Shares of Goldman Sachs ended up 2%.</p><p>Retailer Bed Bath &amp; Beyond Inc sharply extended recent gains to end up 68.6% despite bleak quarterly results, with some investors speculating it could be a potential acquisition target.</p><p>Volume on U.S. exchanges was 11.42 billion shares, compared with the 11 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.78-to-1 ratio; on Nasdaq, a 2.25-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 11 new 52-week highs and 1 new low; the Nasdaq Composite recorded 98 new highs and 20 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St Ends Sharply Higher on Optimism Before Key Inflation Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St Ends Sharply Higher on Optimism Before Key Inflation Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-01-12 06:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* CPI report due Thursday before the bell</p><p>* Bed, Bath &amp; Beyond extends recent gains</p><p>* Indexes: Dow up 0.8%, S&amp;P 500 up 1.3%, Nasdaq up 1.8%</p><p><img src=\"https://static.tigerbbs.com/f423a7d52d3e3199f0c20726990a22ba\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 11 (Reuters) - U.S. stocks ended up sharply on Wednesday, with the S&amp;P 500 and Nasdaq gaining more than 1% each as investors were optimistic ahead of an inflation report that could give the Federal Reserve room to dial back on its aggressive interest rate hikes.</p><p>The much-anticipated report due on Thursday is projected by economists polled by Reuters to show U.S. consumer prices grew 6.5% year-on-year in December, moderating from a 7.1% rise in November.</p><p>Among sectors, real estate and consumer discretionary were the day&#39;s strongest performers, while Microsoft, Amazon.com and other mega-cap growth names gave the S&amp;P 500 its biggest boost.</p><p>The benchmark index is up so far for 2023 after falling sharply last year. Hopes that the Fed could soon ease back on its aggressive tightening after raising the federal funds rate seven times in 2022 have boosted the market in recent sessions, even as comments by some Fed officials have supported the view that the central bank needs to remain vigilant about raising rates to fight inflation.</p><p>&#34;Investors are anticipating that we&#39;re closer to a pause than at any other point last year,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. He said that would be welcomed by the market.</p><p>Also, &#34;any time you have a down year, it&#39;s not surprising many times to have a reversal at the start of the new year,&#34; he said.</p><p>The Dow Jones Industrial Average rose 268.91 points, or 0.8%, to 33,973.01, the S&amp;P 500 gained 50.36 points, or 1.28%, to 3,969.61 and the Nasdaq Composite added 189.04 points, or 1.76%, to 10,931.67.</p><p>Money market participants see a 75% chance the Fed will raise the benchmark rate by 25 basis points in February.</p><p>This week also marks the start of the fourth-quarter earnings season for S&amp;P 500 companies, with overall S&amp;P 500 earnings expected to have declined year-over-year, according to IBES data from Refinitiv.</p><p>The biggest U.S. banks, which kick off the season later this week, are expected to report lower quarterly earnings as risks of a recession rise due to monetary policy tightening.</p><p>Goldman Sachs began laying off staff on Wednesday in a sweeping cost-cutting drive, a source familiar with the matter said. Shares of Goldman Sachs ended up 2%.</p><p>Retailer Bed Bath &amp; Beyond Inc sharply extended recent gains to end up 68.6% despite bleak quarterly results, with some investors speculating it could be a potential acquisition target.</p><p>Volume on U.S. exchanges was 11.42 billion shares, compared with the 11 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.78-to-1 ratio; on Nasdaq, a 2.25-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 11 new 52-week highs and 1 new low; the Nasdaq Composite recorded 98 new highs and 20 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4554":"元宇宙及AR概念","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","BK4178":"家庭装饰零售","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","MSFT":"微软","GS":"高盛","BK4524":"宅经济概念","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","BK4535":"淡马锡持仓","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","AMZN":"亚马逊","BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4579":"人工智能","BK4550":"红杉资本持仓",".DJI":"道琼斯","BK4503":"景林资产持仓","BK4552":"Archegos爆仓风波概念","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD",".IXIC":"NASDAQ Composite","BK4122":"互联网与直销零售","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD",".SPX":"S&P 500 Index","BK4561":"索罗斯持仓","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4581":"高盛持仓","BBBY":"3B家居","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4548":"巴美列捷福持仓","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0528227936.USD":"富达环球人口趋势基金A-ACC"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2302840328","content_text":"* CPI report due Thursday before the bell* Bed, Bath & Beyond extends recent gains* Indexes: Dow up 0.8%, S&P 500 up 1.3%, Nasdaq up 1.8%NEW YORK, Jan 11 (Reuters) - U.S. stocks ended up sharply on Wednesday, with the S&P 500 and Nasdaq gaining more than 1% each as investors were optimistic ahead of an inflation report that could give the Federal Reserve room to dial back on its aggressive interest rate hikes.The much-anticipated report due on Thursday is projected by economists polled by Reuters to show U.S. consumer prices grew 6.5% year-on-year in December, moderating from a 7.1% rise in November.Among sectors, real estate and consumer discretionary were the day's strongest performers, while Microsoft, Amazon.com and other mega-cap growth names gave the S&P 500 its biggest boost.The benchmark index is up so far for 2023 after falling sharply last year. Hopes that the Fed could soon ease back on its aggressive tightening after raising the federal funds rate seven times in 2022 have boosted the market in recent sessions, even as comments by some Fed officials have supported the view that the central bank needs to remain vigilant about raising rates to fight inflation.\"Investors are anticipating that we're closer to a pause than at any other point last year,\" said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. He said that would be welcomed by the market.Also, \"any time you have a down year, it's not surprising many times to have a reversal at the start of the new year,\" he said.The Dow Jones Industrial Average rose 268.91 points, or 0.8%, to 33,973.01, the S&P 500 gained 50.36 points, or 1.28%, to 3,969.61 and the Nasdaq Composite added 189.04 points, or 1.76%, to 10,931.67.Money market participants see a 75% chance the Fed will raise the benchmark rate by 25 basis points in February.This week also marks the start of the fourth-quarter earnings season for S&P 500 companies, with overall S&P 500 earnings expected to have declined year-over-year, according to IBES data from Refinitiv.The biggest U.S. banks, which kick off the season later this week, are expected to report lower quarterly earnings as risks of a recession rise due to monetary policy tightening.Goldman Sachs began laying off staff on Wednesday in a sweeping cost-cutting drive, a source familiar with the matter said. Shares of Goldman Sachs ended up 2%.Retailer Bed Bath & Beyond Inc sharply extended recent gains to end up 68.6% despite bleak quarterly results, with some investors speculating it could be a potential acquisition target.Volume on U.S. exchanges was 11.42 billion shares, compared with the 11 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 3.78-to-1 ratio; on Nasdaq, a 2.25-to-1 ratio favored advancers.The S&P 500 posted 11 new 52-week highs and 1 new low; the Nasdaq Composite recorded 98 new highs and 20 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943733983,"gmtCreate":1679699059143,"gmtModify":1679699062635,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943733983","repostId":"2321993801","repostType":4,"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955633578,"gmtCreate":1675381201594,"gmtModify":1676538997754,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955633578","repostId":"2308005696","repostType":4,"repost":{"id":"2308005696","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1675384334,"share":"https://ttm.financial/m/news/2308005696?lang=&edition=fundamental","pubTime":"2023-02-03 08:32","market":"us","language":"en","title":"Apple Earnings Fall Short on Underwhelming Sales of iPhones and Macs","url":"https://stock-news.laohu8.com/highlight/detail?id=2308005696","media":"Dow Jones","summary":"Apple Inc.'s business came under pressure in the holiday quarter, as the company posted a 5% decline","content":"<html><head></head><body><p>Apple Inc.&#39;s business came under pressure in the holiday quarter, as the company posted a 5% decline in revenue amid underwhelming sales of iPhones, Macs and wearables.</p><p>Apple&#39;s iPhone revenue fell to $65.8 billion in the fiscal first quarter from $71.6 billion a year before, whereas analysts tracked by FactSet were looking for $67.8 billion. The performance comes after Apple warned in November that its iPhone 14 Pro and Pro Max shipments would be impacted by pandemic-fueled production constraints at a major Foxconn  facility in China.</p><p>After reporting a quarterly revenue record for Macs in the September quarter, Apple fell way short of those heights in the December quarter with its Thursday afternoon report, and the company missed expectations by a wide margin. Mac sales declined to $7.7 billion from $10.9 billion a year earlier, while analysts had been looking for $9.4 billion.</p><p>Those big misses helped drive total revenue lower on the year and fueled a miss on the top line, despite a sizable beat in the iPad category a year prior, while the FactSet consensus was for $121.4 billion.</p><p>Dating back to its report for the December 2017 quarter, Apple has only missed revenue expectations twice, according to FactSet, including one time when the company issued a formal warning ahead of its official results.</p><p>Apple shares <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> were down 3.28% in after-hours trading Thursday.</p><p><img src=\"https://static.tigerbbs.com/63f0bf8a6fbfa96c247b6ef132a4e8a3\" tg-width=\"830\" tg-height=\"864\" width=\"100%\" height=\"auto\"/></p><p>Apple&#39;s profits fell as well in the latest period, as the company generated net income of $30.0 billion, or $1.88 a share, compared with $34.6 billion, or $2.10 a share, a year earlier. Analysts were modeling $1.94 in earnings per share.</p><p>Within its iPad segment, Apple showed sharp growth. Revenue increased to $9.4 billion from $7.3 billion a year earlier. The FactSet consensus was for $7.8 billion.</p><p>Revenue for wearables, home and accessories came in at $13.5 billion, down from $14.7 billion a year before and far below the $15.3 billion that analysts were modeling. Services revenue rose to $20.8 billion from $19.5 billion and beat the FactSet consensus, which was for $20.4 billion.</p><p>The results were consistent with the &#34;cautious&#34; expectations that Wells Fargo analyst Aaron Rakers had ahead of the report, he wrote in a note to clients.</p><p>One focus on the earnings call later Thursday will be how Apple is managing expenses in a tougher economic climate. While Chief Executive Tim Cook said in November that Apple was being &#34;very deliberate&#34; with its hiring, other big technology companies, including Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> and Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL), have since moved to lay off workers.</p><p>Investors will also want to know how consumer spending is holding up in a weaker economic climate, and whether Apple executives expect to be able to make up for iPhone sales lost during the period when the company was seeing supply constraints.</p><p>Wall Street will &#34;have to wait for the guide here, but the question will be &#39;how much of the revenue miss was driven by production issues in China and how does that ramp up into the March [quarter] and beyond?&#39;&#34; Evercore ISI analyst Amit Daryanani wrote in a note.</p><p>Apple didn&#39;t provide a forecast in its statement, as has been the case throughout the pandemic. The company typically provides some sort of future commentary on its earnings call, though it hasn&#39;t been offering traditional guidance since the pandemic began.</p><p>Shares of Apple have fallen 14.2% over the past 12 months, though they&#39;re up 16.1% to start 2023. The Dow Jones Industrial Average  is off 4.4% over a 12-month span but ahead 2.7% so far this year.</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>Apple Earnings Fall Short on Underwhelming Sales of iPhones and Macs</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\">\nApple Earnings Fall Short on Underwhelming Sales of iPhones and Macs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-02-03 08:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Apple Inc.&#39;s business came under pressure in the holiday quarter, as the company posted a 5% decline in revenue amid underwhelming sales of iPhones, Macs and wearables.</p><p>Apple&#39;s iPhone revenue fell to $65.8 billion in the fiscal first quarter from $71.6 billion a year before, whereas analysts tracked by FactSet were looking for $67.8 billion. The performance comes after Apple warned in November that its iPhone 14 Pro and Pro Max shipments would be impacted by pandemic-fueled production constraints at a major Foxconn  facility in China.</p><p>After reporting a quarterly revenue record for Macs in the September quarter, Apple fell way short of those heights in the December quarter with its Thursday afternoon report, and the company missed expectations by a wide margin. Mac sales declined to $7.7 billion from $10.9 billion a year earlier, while analysts had been looking for $9.4 billion.</p><p>Those big misses helped drive total revenue lower on the year and fueled a miss on the top line, despite a sizable beat in the iPad category a year prior, while the FactSet consensus was for $121.4 billion.</p><p>Dating back to its report for the December 2017 quarter, Apple has only missed revenue expectations twice, according to FactSet, including one time when the company issued a formal warning ahead of its official results.</p><p>Apple shares <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> were down 3.28% in after-hours trading Thursday.</p><p><img src=\"https://static.tigerbbs.com/63f0bf8a6fbfa96c247b6ef132a4e8a3\" tg-width=\"830\" tg-height=\"864\" width=\"100%\" height=\"auto\"/></p><p>Apple&#39;s profits fell as well in the latest period, as the company generated net income of $30.0 billion, or $1.88 a share, compared with $34.6 billion, or $2.10 a share, a year earlier. Analysts were modeling $1.94 in earnings per share.</p><p>Within its iPad segment, Apple showed sharp growth. Revenue increased to $9.4 billion from $7.3 billion a year earlier. The FactSet consensus was for $7.8 billion.</p><p>Revenue for wearables, home and accessories came in at $13.5 billion, down from $14.7 billion a year before and far below the $15.3 billion that analysts were modeling. Services revenue rose to $20.8 billion from $19.5 billion and beat the FactSet consensus, which was for $20.4 billion.</p><p>The results were consistent with the &#34;cautious&#34; expectations that Wells Fargo analyst Aaron Rakers had ahead of the report, he wrote in a note to clients.</p><p>One focus on the earnings call later Thursday will be how Apple is managing expenses in a tougher economic climate. While Chief Executive Tim Cook said in November that Apple was being &#34;very deliberate&#34; with its hiring, other big technology companies, including Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> and Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL), have since moved to lay off workers.</p><p>Investors will also want to know how consumer spending is holding up in a weaker economic climate, and whether Apple executives expect to be able to make up for iPhone sales lost during the period when the company was seeing supply constraints.</p><p>Wall Street will &#34;have to wait for the guide here, but the question will be &#39;how much of the revenue miss was driven by production issues in China and how does that ramp up into the March [quarter] and beyond?&#39;&#34; Evercore ISI analyst Amit Daryanani wrote in a note.</p><p>Apple didn&#39;t provide a forecast in its statement, as has been the case throughout the pandemic. The company typically provides some sort of future commentary on its earnings call, though it hasn&#39;t been offering traditional guidance since the pandemic began.</p><p>Shares of Apple have fallen 14.2% over the past 12 months, though they&#39;re up 16.1% to start 2023. The Dow Jones Industrial Average  is off 4.4% over a 12-month span but ahead 2.7% so far this year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2308005696","content_text":"Apple Inc.'s business came under pressure in the holiday quarter, as the company posted a 5% decline in revenue amid underwhelming sales of iPhones, Macs and wearables.Apple's iPhone revenue fell to $65.8 billion in the fiscal first quarter from $71.6 billion a year before, whereas analysts tracked by FactSet were looking for $67.8 billion. The performance comes after Apple warned in November that its iPhone 14 Pro and Pro Max shipments would be impacted by pandemic-fueled production constraints at a major Foxconn  facility in China.After reporting a quarterly revenue record for Macs in the September quarter, Apple fell way short of those heights in the December quarter with its Thursday afternoon report, and the company missed expectations by a wide margin. Mac sales declined to $7.7 billion from $10.9 billion a year earlier, while analysts had been looking for $9.4 billion.Those big misses helped drive total revenue lower on the year and fueled a miss on the top line, despite a sizable beat in the iPad category a year prior, while the FactSet consensus was for $121.4 billion.Dating back to its report for the December 2017 quarter, Apple has only missed revenue expectations twice, according to FactSet, including one time when the company issued a formal warning ahead of its official results.Apple shares $(AAPL)$ were down 3.28% in after-hours trading Thursday.Apple's profits fell as well in the latest period, as the company generated net income of $30.0 billion, or $1.88 a share, compared with $34.6 billion, or $2.10 a share, a year earlier. Analysts were modeling $1.94 in earnings per share.Within its iPad segment, Apple showed sharp growth. Revenue increased to $9.4 billion from $7.3 billion a year earlier. The FactSet consensus was for $7.8 billion.Revenue for wearables, home and accessories came in at $13.5 billion, down from $14.7 billion a year before and far below the $15.3 billion that analysts were modeling. Services revenue rose to $20.8 billion from $19.5 billion and beat the FactSet consensus, which was for $20.4 billion.The results were consistent with the \"cautious\" expectations that Wells Fargo analyst Aaron Rakers had ahead of the report, he wrote in a note to clients.One focus on the earnings call later Thursday will be how Apple is managing expenses in a tougher economic climate. While Chief Executive Tim Cook said in November that Apple was being \"very deliberate\" with its hiring, other big technology companies, including Amazon.com Inc. $(AMZN)$ and Alphabet Inc. $(GOOGL)$(GOOGL), have since moved to lay off workers.Investors will also want to know how consumer spending is holding up in a weaker economic climate, and whether Apple executives expect to be able to make up for iPhone sales lost during the period when the company was seeing supply constraints.Wall Street will \"have to wait for the guide here, but the question will be 'how much of the revenue miss was driven by production issues in China and how does that ramp up into the March [quarter] and beyond?'\" Evercore ISI analyst Amit Daryanani wrote in a note.Apple didn't provide a forecast in its statement, as has been the case throughout the pandemic. The company typically provides some sort of future commentary on its earnings call, though it hasn't been offering traditional guidance since the pandemic began.Shares of Apple have fallen 14.2% over the past 12 months, though they're up 16.1% to start 2023. The Dow Jones Industrial Average  is off 4.4% over a 12-month span but ahead 2.7% so far this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968137037,"gmtCreate":1669160234029,"gmtModify":1676538159041,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"👍&nbsp;","listText":"👍&nbsp;","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9968137037","repostId":"2285504218","repostType":4,"repost":{"id":"2285504218","kind":"highlight","pubTimestamp":1669150853,"share":"https://ttm.financial/m/news/2285504218?lang=&edition=fundamental","pubTime":"2022-11-23 05:00","market":"us","language":"en","title":"US STOCKS-Retailer, Energy Boost Helps Wall Street Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=2285504218","media":"Reuters","summary":"U.S. stocks rallied on Tuesday in light trading volume as a sales forecast by Best Buy dampened conc","content":"<html><head></head><body><p>U.S. stocks rallied on Tuesday in light trading volume as a sales forecast by Best Buy dampened concerns high inflation would lead to a dismal holiday shopping season while a bounce in oil prices helped lift energy shares.</p><p>Best Buy Co Inc shot up as the best performing stock on the S&amp;P 500 index, after the retailer forecast a smaller drop in annual sales than previously announced and expressed confidence a ramp up in deals and discounts will entice more customers.</p><p>The gains in Best Buy helped boost the S&amp;P 500 retail index.</p><p>In contrast, Dollar Tree Inc tumbled as the worst performing S&amp;P 500 component, which also capped gains for the retail index as the discount retailer cut its annual profit forecast for the second time.</p><p>&#34;If you take the continuum of income and consumers out there, the upper half of that is relatively inelastic to some costs going up to some extent or another where the bottom half is going to be more sensitive,&#34; said Shawn Cruz, head trading strategist at TD Ameritrade in Chicago.</p><p>&#34;So the Dollar Trees of the world really don’t have much ability to pass through those costs so they are going to get hit pretty bad.&#34;</p><p>According to preliminary data, the S&amp;P 500 gained 53.72 points, or 1.36%, to end at 4,003.66 points, while the Nasdaq Composite gained 149.83 points, or 1.36%, to 11,174.34. The Dow Jones Industrial Average rose 395.94 points, or 1.18%, to 34,096.22.</p><p>Also providing support was the energy sector, which climbed after two sessions of declines as Saudi Arabia said OPEC+ was sticking with outputs cuts, shooting down a report on Monday that said the alliance was considering increasing output which sent crude prices sharply lower.</p><p>As investors continue to try and gauge the path of Federal Reserve rate hikes, Cleveland Fed President Loretta Mester reiterated on Tuesday that lowering inflation remains critical for the central bank, a day after supporting a smaller rate hike in December. Kansas City President Esther George said a &#34;calmer&#34; labor market that sees less churn could lower inflationary pressures.</p><p>Investors were also awaiting remarks by St. Louis Fed Reserve President James Bullard on Tuesday ahead of the minutes from the Fed&#39;s November meeting scheduled for Wednesday.</p><p>Volume was light this week and likely to dwindle heading into the Thanksgiving holiday on Thursday, with the U.S. stock market open for a half-session on Friday.</p><p>Dow component <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> Inc rose after Cowen &amp; Co upgraded the drug distributor stock, citing its healthcare services business push.</p><p>Manchester United shares jumped late in the session after Sky News reported the Glazer family, which owns the football club, was exploring financial options that could include an outright sale.</p><p>Agilent Technologies Inc jumped after the application-focused solutions company posted upbeat fourth-quarter revenue.</p><p>Declines in the dollar and U.S. Treasury yields also helped support risk appetite. </p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Retailer, Energy Boost Helps Wall Street Rally</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\">\nUS STOCKS-Retailer, Energy Boost Helps Wall Street Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-23 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-retailer-energy-boost-210053148.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks rallied on Tuesday in light trading volume as a sales forecast by Best Buy dampened concerns high inflation would lead to a dismal holiday shopping season while a bounce in oil prices ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-retailer-energy-boost-210053148.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COMP":"Compass, Inc.",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","BBY":"百思买",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/us-stocks-retailer-energy-boost-210053148.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2285504218","content_text":"U.S. stocks rallied on Tuesday in light trading volume as a sales forecast by Best Buy dampened concerns high inflation would lead to a dismal holiday shopping season while a bounce in oil prices helped lift energy shares.Best Buy Co Inc shot up as the best performing stock on the S&P 500 index, after the retailer forecast a smaller drop in annual sales than previously announced and expressed confidence a ramp up in deals and discounts will entice more customers.The gains in Best Buy helped boost the S&P 500 retail index.In contrast, Dollar Tree Inc tumbled as the worst performing S&P 500 component, which also capped gains for the retail index as the discount retailer cut its annual profit forecast for the second time.\"If you take the continuum of income and consumers out there, the upper half of that is relatively inelastic to some costs going up to some extent or another where the bottom half is going to be more sensitive,\" said Shawn Cruz, head trading strategist at TD Ameritrade in Chicago.\"So the Dollar Trees of the world really don’t have much ability to pass through those costs so they are going to get hit pretty bad.\"According to preliminary data, the S&P 500 gained 53.72 points, or 1.36%, to end at 4,003.66 points, while the Nasdaq Composite gained 149.83 points, or 1.36%, to 11,174.34. The Dow Jones Industrial Average rose 395.94 points, or 1.18%, to 34,096.22.Also providing support was the energy sector, which climbed after two sessions of declines as Saudi Arabia said OPEC+ was sticking with outputs cuts, shooting down a report on Monday that said the alliance was considering increasing output which sent crude prices sharply lower.As investors continue to try and gauge the path of Federal Reserve rate hikes, Cleveland Fed President Loretta Mester reiterated on Tuesday that lowering inflation remains critical for the central bank, a day after supporting a smaller rate hike in December. Kansas City President Esther George said a \"calmer\" labor market that sees less churn could lower inflationary pressures.Investors were also awaiting remarks by St. Louis Fed Reserve President James Bullard on Tuesday ahead of the minutes from the Fed's November meeting scheduled for Wednesday.Volume was light this week and likely to dwindle heading into the Thanksgiving holiday on Thursday, with the U.S. stock market open for a half-session on Friday.Dow component Walgreens Boots Alliance Inc rose after Cowen & Co upgraded the drug distributor stock, citing its healthcare services business push.Manchester United shares jumped late in the session after Sky News reported the Glazer family, which owns the football club, was exploring financial options that could include an outright sale.Agilent Technologies Inc jumped after the application-focused solutions company posted upbeat fourth-quarter revenue.Declines in the dollar and U.S. Treasury yields also helped support risk appetite.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941396978,"gmtCreate":1679958996495,"gmtModify":1679959000160,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941396978","repostId":"2322422523","repostType":4,"isVote":1,"tweetType":1,"viewCount":594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941012585,"gmtCreate":1679841947948,"gmtModify":1679841951975,"author":{"id":"4100664503126340","authorId":"4100664503126340","name":"Shirley Soh","avatar":"https://community-static.tradeup.com/news/784ec5f33096066f43c22d219e548bac","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4100664503126340","authorIdStr":"4100664503126340"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941012585","repostId":"2322788021","repostType":4,"repost":{"id":"2322788021","kind":"highlight","pubTimestamp":1679795472,"share":"https://ttm.financial/m/news/2322788021?lang=&edition=fundamental","pubTime":"2023-03-26 09:51","market":"us","language":"en","title":"Chip Legend Gordon Moore Leaves behind a Silicon Valley Looking for Its Next Big Thing","url":"https://stock-news.laohu8.com/highlight/detail?id=2322788021","media":"marketwatch","summary":"Gordon Moore, a founding father of Silicon Valley whose work in the chip industry catalyzed computin","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/e2c9aeffe332c843b0eec8a11e27cc2d\" tg-width=\"1024\" tg-height=\"691\" width=\"100%\" height=\"auto\"/>Gordon Moore, a founding father of Silicon Valley whose work in the chip industry catalyzed computing, died Friday at 94, with his passing marking the further end of a golden era for the technology industry.</p><p>An Intel co-founder who played an integral role in several of the earliest semiconductor companies, he is perhaps best known for coming up with Moore’s Law, a prediction that the number of transistors on an integrated circuit would double every year. This ultimately predicted how fast computing would evolve.</p><p>But Moore should just as equally be recognized for helping transform Silicon Valley from an agricultural economy into a cradle of technological innovation.</p><p>When Moore dared to leave a job at Shockley Semiconductor in 1957 with a group of seven other semiconductor pioneers, the Santa Clara Valley was known as the Valley of the Hearts Delight, where fruit orchards were the economic engine, and there were no venture capitalists or startup companies.</p><p>Moore was instrumental in three of the earliest companies to experiment with and commercialize integrated circuits and the first semiconductors that helped give Silicon Valley its name. After leaving Shockley, he went on to co-found Fairchild Semiconductor, where along with Robert Noyce, he played a key role in the first commercial production of silicon transistors and later the world’s first commercially viable integrated circuits.</p><p>It was a daring move to leave Shockley, the first semiconductor company in the valley, but Moore and the others, often referred to as the “Traitorous Eight,” had a vision to continue making silicon transistors, while Shockley was distracted with a more complicated, four-layer diode device.</p><p>“This was the first company to spin off engineers starting something new,” Moore told MarketWatch in a 2011 interview, when he and three other living Fairchild alums were being feted at the California Historical Society in San Francisco to receive the “Legends of California Award.”</p><p>In 1968, Moore and Noyce left Fairchild and co-founded Intel Corp. quickly adding chip-industry legend Andy Grove to their roster. After some early fits and starts, including abandoning memory chips, one of its first businesses, Intel would go on to become the largest semiconductor maker in the world as the developer of core microprocessors for personal computers.</p><p>Compared with the two more outspoken Intel legends, Noyce and Grove, Moore was a quieter, more unassuming leader. He finally was the subject of a 500-page biography that came out in 2015, called “Moore’s Law: The Life of Gordon Moore, Silicon Valley’s Quiet Revolutionary,” by authors Arnold Thackray, David Brock and Rachel Jones.</p><p>He told his biographers that he was the “low-key link in the middle” between those big personalities.</p><p>“It is impossible to imagine the world we live in today, with computing so essential to our lives, without the contributions of Gordon Moore,” Pat Gelsinger, Intel’s current chief executive, said in a statement. “He will always be an inspiration to our Intel family and his thinking at the core of our innovation culture.”</p><p>Moore once held Gelsinger’s position, serving as the company’s second CEO from 1979 through 1987. He also chaired the chip giant’s board for 18 years.</p><p>Beyond making contributions to Intel, he helped spur innovation in Silicon Valley more broadly with his Moore’s Law prediction that become the guiding light for the semiconductor industry. This concept evolved out of a 1965 article that Moore wrote in Electronics magazine, though a decade later he revised the prediction to say the number of transistors on an integrated circuit would double every two years, not every year.</p><p>Moore’s thinking with Moore’s Law proved to be correct, and helped predict how quickly and cheaply computing power would evolve. As computers have gotten more powerful, cheaper and smaller, this evolution led to the development of smartphones, smartwatches and other gadgets now essential to everyday life.</p><p>But as transistors have become infinitesimally smaller and the laws of physics have been tough to battle, some in the semiconductor industry have proclaimed the end of Moore’s Law and have been seeking other ways to boost computing power.</p><p>“At the core of computing today, the fundamental dynamic at work is, of course, influenced by one of the most important technology drivers in the history of any industry, Moore’s Law, and has fundamentally come to a very significant slowdown,” Nvidia  Chief Executive Jensen Huang said earlier this week at the company’s GTC conference. “You could argue…Moore’s Law has ended.”</p><p>Intel itself is also at a crossroads, having surrendered its leadership edge in the chip industry with a series of operational miscues. Taiwan Semiconductor Manufacturing Co. Ltd. not Intel, is now the largest semiconductor maker based on revenue, while Intel’s rival Advanced Micro Devices Inc. once an industry also-ran, has been eagerly eating into its share of the market for chips that go into PCs and data-center servers.</p><p>And then there is Silicon Valley itself. The tech hub is going through gut-wrenching change, with unprecedented layoffs at some of its most successful companies including Alphabet Inc. and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. The recent collapse of the startup-friendly Silicon Valley Bank further threatens the innovative engine of the region.</p><p>Moore’s death Friday signals yet another ending for this most storied home of the technology industry.</p></body></html>","source":"mwatch_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chip Legend Gordon Moore Leaves behind a Silicon Valley Looking for Its Next Big Thing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChip Legend Gordon Moore Leaves behind a Silicon Valley Looking for Its Next Big Thing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-26 09:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/chip-legend-gordon-moore-leaves-behind-a-silicon-valley-looking-for-its-next-big-thing-ec7a82ed?mod=newsviewer_click><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gordon Moore, a founding father of Silicon Valley whose work in the chip industry catalyzed computing, died Friday at 94, with his passing marking the further end of a golden era for the technology ...</p>\n\n<a href=\"https://www.marketwatch.com/story/chip-legend-gordon-moore-leaves-behind-a-silicon-valley-looking-for-its-next-big-thing-ec7a82ed?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4529":"IDC概念","BK4534":"瑞士信贷持仓","BK4527":"明星科技股","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4588":"碎股","BK4512":"苹果概念","BK4141":"半导体产品","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4554":"元宇宙及AR概念","BK4575":"芯片概念","BK4515":"5G概念","BK4535":"淡马锡持仓","INTC":"英特尔","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD"},"source_url":"https://www.marketwatch.com/story/chip-legend-gordon-moore-leaves-behind-a-silicon-valley-looking-for-its-next-big-thing-ec7a82ed?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2322788021","content_text":"Gordon Moore, a founding father of Silicon Valley whose work in the chip industry catalyzed computing, died Friday at 94, with his passing marking the further end of a golden era for the technology industry.An Intel co-founder who played an integral role in several of the earliest semiconductor companies, he is perhaps best known for coming up with Moore’s Law, a prediction that the number of transistors on an integrated circuit would double every year. This ultimately predicted how fast computing would evolve.But Moore should just as equally be recognized for helping transform Silicon Valley from an agricultural economy into a cradle of technological innovation.When Moore dared to leave a job at Shockley Semiconductor in 1957 with a group of seven other semiconductor pioneers, the Santa Clara Valley was known as the Valley of the Hearts Delight, where fruit orchards were the economic engine, and there were no venture capitalists or startup companies.Moore was instrumental in three of the earliest companies to experiment with and commercialize integrated circuits and the first semiconductors that helped give Silicon Valley its name. After leaving Shockley, he went on to co-found Fairchild Semiconductor, where along with Robert Noyce, he played a key role in the first commercial production of silicon transistors and later the world’s first commercially viable integrated circuits.It was a daring move to leave Shockley, the first semiconductor company in the valley, but Moore and the others, often referred to as the “Traitorous Eight,” had a vision to continue making silicon transistors, while Shockley was distracted with a more complicated, four-layer diode device.“This was the first company to spin off engineers starting something new,” Moore told MarketWatch in a 2011 interview, when he and three other living Fairchild alums were being feted at the California Historical Society in San Francisco to receive the “Legends of California Award.”In 1968, Moore and Noyce left Fairchild and co-founded Intel Corp. quickly adding chip-industry legend Andy Grove to their roster. After some early fits and starts, including abandoning memory chips, one of its first businesses, Intel would go on to become the largest semiconductor maker in the world as the developer of core microprocessors for personal computers.Compared with the two more outspoken Intel legends, Noyce and Grove, Moore was a quieter, more unassuming leader. He finally was the subject of a 500-page biography that came out in 2015, called “Moore’s Law: The Life of Gordon Moore, Silicon Valley’s Quiet Revolutionary,” by authors Arnold Thackray, David Brock and Rachel Jones.He told his biographers that he was the “low-key link in the middle” between those big personalities.“It is impossible to imagine the world we live in today, with computing so essential to our lives, without the contributions of Gordon Moore,” Pat Gelsinger, Intel’s current chief executive, said in a statement. “He will always be an inspiration to our Intel family and his thinking at the core of our innovation culture.”Moore once held Gelsinger’s position, serving as the company’s second CEO from 1979 through 1987. He also chaired the chip giant’s board for 18 years.Beyond making contributions to Intel, he helped spur innovation in Silicon Valley more broadly with his Moore’s Law prediction that become the guiding light for the semiconductor industry. This concept evolved out of a 1965 article that Moore wrote in Electronics magazine, though a decade later he revised the prediction to say the number of transistors on an integrated circuit would double every two years, not every year.Moore’s thinking with Moore’s Law proved to be correct, and helped predict how quickly and cheaply computing power would evolve. As computers have gotten more powerful, cheaper and smaller, this evolution led to the development of smartphones, smartwatches and other gadgets now essential to everyday life.But as transistors have become infinitesimally smaller and the laws of physics have been tough to battle, some in the semiconductor industry have proclaimed the end of Moore’s Law and have been seeking other ways to boost computing power.“At the core of computing today, the fundamental dynamic at work is, of course, influenced by one of the most important technology drivers in the history of any industry, Moore’s Law, and has fundamentally come to a very significant slowdown,” Nvidia  Chief Executive Jensen Huang said earlier this week at the company’s GTC conference. “You could argue…Moore’s Law has ended.”Intel itself is also at a crossroads, having surrendered its leadership edge in the chip industry with a series of operational miscues. Taiwan Semiconductor Manufacturing Co. Ltd. not Intel, is now the largest semiconductor maker based on revenue, while Intel’s rival Advanced Micro Devices Inc. once an industry also-ran, has been eagerly eating into its share of the market for chips that go into PCs and data-center servers.And then there is Silicon Valley itself. The tech hub is going through gut-wrenching change, with unprecedented layoffs at some of its most successful companies including Alphabet Inc. and Meta Platforms Inc. The recent collapse of the startup-friendly Silicon Valley Bank further threatens the innovative engine of the region.Moore’s death Friday signals yet another ending for this most storied home of the technology industry.","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}