TaiWoeiHaur personal page - To The Moon

TaiWoeiHaur

TaiWoeiHaur

Profile：保持冷静，无论股价如何.

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2023-06-17

Thanks you Tesla

2023-03-02

👋

S&P, Nasdaq Weak As Manufacturing Stokes Fed Concerns

2022-10-12

Good morning

Alibaba, Nio Fall Over 4%: Hang Seng Hits 11-Year Low As Focus Turns To US Inflation Data

2023-06-17

Thanks you meta.

2023-03-17

Good morning

First Republic Gets $30 Billion of Fresh Deposits in Bank Rescue

2023-02-05

Good morning

The Stock-Market Rally Survived a Confusing Week. Here's What Comes Next

2023-02-27

Good morning

Tesla, Salesforce, Target, Zoom, Goldman Sachs, Costco, and More Stocks to Watch This Week

2023-03-03

Good morning

U.S. Stocks Gain As Bostic Backs Quarter-Point Hike and Touts Summer Pause

2023-02-12

Good morning

Nasdaq Bear Market: 5 Unmatched Growth Stocks You'll Regret Not Buying On the Dip

2023-03-14

Good morning

Biden Promises "Whatever Needed" For U.S. Bank System As SVB Shock Hammers Stocks

2023-03-17

Good morning

U.S. Stocks-Wall Street Closes Higher As First Republic Helps Lift Banks

2023-06-14

$SINGAPORE AIRLINES LTD(C6L.SI)$

2023-02-26

Good morning

Buffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills

2023-02-13

👋

ChatGPT Sparked an AI Craze. How to Cut Through the Hype

2023-06-14

$SATS LTD.(S58.SI)$

2023-06-10

Good morning.

2023-02-18

Good morning

US STOCKS-S&P 500 Ends Down As Investors Fret About Interest Rates

2023-07-14

Tiger, Thanks you.

Go to Tiger App to see more news

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Novo","images":[{"img":"https://community-static.tradeup.com/news/5447c5d2a630947a71639b90b6f79e24","width":"927","height":"1599"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/274638746296432","isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4171273751440042","authorId":"4171273751440042","name":"Allure 身影","avatar":"https://community-static.tradeup.com/news/7bb6f92ee4b7563da5dc636f1447e298","crmLevel":1,"crmLevelSwitch":0},"content":"This ticket is very good, it has been stabilized, but it may start to be adjusted back next month. Pay attention to the position","text":"This ticket is very good, it has been stabilized, but it may start to be adjusted back next month. Pay attention to the position","html":"This ticket is very good, it has been stabilized, but it may start to be adjusted back next month. Pay attention to the position"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":274637810225344,"gmtCreate":1708088188503,"gmtModify":1708088191793,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$&nbsp;</a><v-v data-views=\"1\"></v-v> Thanks you. Meta 🎊","listText":"<a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$&nbsp;</a><v-v data-views=\"1\"></v-v> Thanks you. Meta 🎊","text":"$Meta Platforms, Inc.(META)$ Thanks you. Meta 🎊","images":[{"img":"https://community-static.tradeup.com/news/74c18012646e9f5c336bc10283cb1da5","width":"927","height":"1599"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/274637810225344","isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":274636361683152,"gmtCreate":1708087802283,"gmtModify":1708087805007,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","text":"$Meta Platforms, Inc.(META)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/274636361683152","isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":270020674650320,"gmtCreate":1706931979710,"gmtModify":1706931985146,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Thanks you&nbsp; again Tiger.😊","listText":"Thanks you&nbsp; again Tiger.😊","text":"Thanks you again Tiger.😊","images":[{"img":"https://community-static.tradeup.com/news/7f85c58fdf4a6a7af79107047682d7ce","width":"927","height":"1538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/270020674650320","isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":269586521034888,"gmtCreate":1706833971686,"gmtModify":1706833976419,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Thanks you Tiger.","listText":"Thanks you Tiger.","text":"Thanks you Tiger.","images":[{"img":"https://community-static.tradeup.com/news/ab81c914c62e4c69dcf1554a81472452","width":"927","height":"1538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/269586521034888","isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":268529476534376,"gmtCreate":1706581863111,"gmtModify":1706581865606,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","text":"$Meta Platforms, Inc.(META)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/268529476534376","isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":268488462299400,"gmtCreate":1706571854724,"gmtModify":1706571859900,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Thanks Tiger.","listText":"Thanks Tiger.","text":"Thanks Tiger.","images":[{"img":"https://community-static.tradeup.com/news/30e80f2ddf0135ae4ef23497dd87c9c5","width":"927","height":"1538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/268488462299400","isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":263488740311160,"gmtCreate":1705362967836,"gmtModify":1705362970386,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVO\">$Novo-Nordisk A/S(NVO)$</a> Thanks&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVO\">$Novo-Nordisk A/S(NVO)$</a> Thanks&nbsp;","text":"$Novo-Nordisk A/S(NVO)$ Thanks","images":[{"img":"https://community-static.tradeup.com/news/e2fe317af85c3af7950dab615b6a925b","width":"927","height":"1599"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/263488740311160","isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":231734453965096,"gmtCreate":1697584854044,"gmtModify":1697584857202,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/231734453965096","repostId":"231559174942848","repostType":1,"repost":{"id":231559174942848,"gmtCreate":1697542056892,"gmtModify":1697542117209,"author":{"id":"3570103090255456","authorId":"3570103090255456","name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","crmLevel":4,"crmLevelSwitch":1},"themes":[],"title":"Microsoft buys ATVI.  Who else benefits? Read & know.","htmlText":"I assumed that after covering <a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a> last received approval to acquire <a href=\"https://ttm.financial/S/ATVI\">$Activision Blizzard(ATVI)$</a> (see below), that would be the end of the story. <a href=\"https://ttm.financial/post/230042396647664\" target=\"_blank\">Microsoft a winning stock? Read &amp; decide.</a><a href=\"https://ttm.financial/post/230042396647664\" target=\"_blank\"> </a>Give a “like” after reading ok. Tks! Am i mistakened! There is more to it than meet the eyes apparently (see below). Based on Barron’s post dated Fri, 13 Oct 2023, there is an additional dimension to the story. Here’s the skinny: Microsoft completed its $69 Billion acquisition of Activision Blizzard, one of the largest videogame publishers in the world, wit","listText":"I assumed that after covering <a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a> last received approval to acquire <a href=\"https://ttm.financial/S/ATVI\">$Activision Blizzard(ATVI)$</a> (see below), that would be the end of the story. <a href=\"https://ttm.financial/post/230042396647664\" target=\"_blank\">Microsoft a winning stock? Read &amp; decide.</a><a href=\"https://ttm.financial/post/230042396647664\" target=\"_blank\"> </a>Give a “like” after reading ok. Tks! Am i mistakened! There is more to it than meet the eyes apparently (see below). Based on Barron’s post dated Fri, 13 Oct 2023, there is an additional dimension to the story. Here’s the skinny: Microsoft completed its $69 Billion acquisition of Activision Blizzard, one of the largest videogame publishers in the world, wit","text":"I assumed that after covering $Microsoft(MSFT)$ last received approval to acquire $Activision Blizzard(ATVI)$ (see below), that would be the end of the story. Microsoft a winning stock? Read & decide. Give a “like” after reading ok. Tks! Am i mistakened! There is more to it than meet the eyes apparently (see below). Based on Barron’s post dated Fri, 13 Oct 2023, there is an additional dimension to the story. Here’s the skinny: Microsoft completed its $69 Billion acquisition of Activision Blizzard, one of the largest videogame publishers in the world, wit","images":[{"img":"https://community-static.tradeup.com/news/62f01956155d19e6cbcb66d6b690b187","width":"771","height":"111"},{"img":"https://community-static.tradeup.com/news/0580f702ca624b26230580f2172560b8","width":"812","height":"178"},{"img":"https://community-static.tradeup.com/news/0db279bb647a209553e6826f9f279b0a","width":"925","height":"254"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/231559174942848","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":7,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197789943767200,"gmtCreate":1689322737946,"gmtModify":1689322744047,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Tiger, Thanks you.","listText":"Tiger, Thanks you.","text":"Tiger, Thanks you.","images":[{"img":"https://community-static.tradeup.com/news/2da0f64cd8dc51cdb6d93e920c64b4de","width":"1125","height":"1476"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197789943767200","isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":194223110713592,"gmtCreate":1688457522994,"gmtModify":1688457525665,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v 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best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194203516121320","isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192425174679688,"gmtCreate":1688009156794,"gmtModify":1688009161851,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"My stock holdings.","listText":"My stock holdings.","text":"My stock 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much.","images":[{"img":"https://community-static.tradeup.com/news/19a38ca1f2b012fcf9fb094dd42878d5","width":"927","height":"1538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/186673661149264","isVote":1,"tweetType":1,"viewCount":148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":188314810527872,"gmtCreate":1687000818310,"gmtModify":1687000821885,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Thanks you Tesla","listText":"Thanks you Tesla","text":"Thanks you Tesla","images":[{"img":"https://community-static.tradeup.com/news/d1120b13e09744afababf41a4b51a48f","width":"927","height":"1538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188314810527872","isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9940328291,"gmtCreate":1677712982414,"gmtModify":1677712986200,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"👋&nbsp;","listText":"👋&nbsp;","text":"👋","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":34,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9940328291","repostId":"2316241106","repostType":4,"repost":{"id":"2316241106","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":1677711956,"share":"https://www.laohu8.com/m/news/2316241106?lang=&edition=full","pubTime":"2023-03-02 07:05","market":"us","language":"en","title":"S&P, Nasdaq Weak As Manufacturing Stokes Fed Concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=2316241106","media":"Reuters","summary":"Two-year Treasury yield jumps to 2007 highNovavax slumps on going concern worriesTesla slips ahead o","content":"<html><head></head><body><ul><li>Two-year Treasury yield jumps to 2007 high</li><li>Novavax slumps on going concern worries</li><li>Tesla slips ahead of investor day</li></ul><p><img src=\"https://static.tigerbbs.com/ded13391d1772e0ac524b6ef82aaf772\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, March 1 (Reuters) - The S&amp;P 500 and Nasdaq fell for a second straight session on Wednesday as Treasury yields jumped after manufacturing data indicated inflation is likely to remain stubbornly high, while comments from Federal Reserve policymakers supported a hawkish policy stance.</p><p>The yield on 10-year notes topped 4% for the first time since November, reaching a high of 4.01%, after the Institute for Supply Management&#39;s <a href=\"https://laohu8.com/S/ISM\">$(ISM)$</a> survey showed U.S. manufacturing contracted in February and prices for raw materials increased last month.</p><p>After the data was released, the two-year    U.S. Treasury yield, which typically moves in step with interest rate expectations, gained on the day after reaching 4.904%, its highest since 2007. It was last up 8.4 basis points at 4.881%.</p><p>&#34;You could see the market kind of deteriorated a little bit, yields started climbing after that February ISM manufacturing report. Prices paid component, that really jumped, broke a four-month streak of price declines,&#34; said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan, referring to the ISM Manufacturing Prices Paid Index which is seen as an inflation indicator.</p><p>&#34;That is just another piece of evidence we have seen over the past couple of weeks that inflation is remaining stickier than what most people thought in January,&#34; he said, adding it was likely the Fed is going to move rates higher.</p><p>Saglimbene added the bond market has recently been indicating there is a greater chance the Fed could move the terminal rate somewhere close to 6%.</p><p>The Dow Jones Industrial Average rose 5.14 points, or 0.02%, to 32,661.84, the S&amp;P 500 lost 18.76 points, or 0.47%, to 3,951.39 and the Nasdaq Composite    dropped 76.06 points, or 0.66%, to 11,379.48.</p><p>The Dow held near the unchanged mark as Caterpillar    shares rose 3.81% after the construction equipment maker said it had reached a tentative deal with a union that represents workers at four of its facilities.</p><p>Fed funds futures showed traders added to bets the U.S. central bank will raise its benchmark rate to a range of 5.5%-5.75% by September, from the current range of 4.5%-4.75%.</p><p>Further fueling concerns about central bank aggressiveness, Minneapolis Fed President Neel Kashkari, a voter in the rate-setting committee in 2023, said he is &#34;open-minded&#34; on either a 25 basis point or a 50 basis point rate hike in March. Atlanta Fed President Raphael Bostic said in an essay that while a federal funds rate between 5% to 5.25% would be adequate, the policy would have to remain tight &#34;well into 2024&#34; until inflation is clearly subsiding.</p><p>After a strong January, the main U.S. benchmarks stumbled in February on growing expectations the Fed will increase rates more than initially thought as segments of the economy such as the labor market remain tight, while inflation has not ebbed as quickly as anticipated.</p><p>U.S. monthly payrolls and consumer prices data in the coming days will further help investors gauge the path of rates ahead of the March 21-22 meeting, when the Fed is largely seen hiking rates by 25 basis points.</p><p>Energy    and materials    sectors were among the few winners in the session as commodity prices gained after data showed China&#39;s manufacturing activity expanded at the fastest pace in more than a decade as the country continues to leave its COVID-19 restrictions behind.</p><p>Tesla Inc    slipped 1.43% ahead of its investor day event. The electric automaker is readying a production revamp of its top-selling Model Y, Reuters reported, citing people familiar with the plan.</p><p>Novavax Inc    plunged 25.92% after the COVID-19 vaccine maker raised doubts about its ability to remain in business and announced plans to slash spending as it prepares for a fall vaccination campaign.</p><p>Volume on U.S. exchanges was 11.00 billion shares, compared with the 11.39 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.29-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 9 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 79 new highs and 114 new lows.</p><p>(Reporting by Chuck Mikolajczak; Editing by Aurora Ellis)</p><p>((charles.mikolajczak@tr.com; @ChuckMik;))</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>S&P, Nasdaq Weak As Manufacturing Stokes Fed Concerns</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\">\nS&P, Nasdaq Weak As Manufacturing Stokes Fed Concerns\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\">2023-03-02 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Two-year Treasury yield jumps to 2007 high</li><li>Novavax slumps on going concern worries</li><li>Tesla slips ahead of investor day</li></ul><p><img src=\"https://static.tigerbbs.com/ded13391d1772e0ac524b6ef82aaf772\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, March 1 (Reuters) - The S&amp;P 500 and Nasdaq fell for a second straight session on Wednesday as Treasury yields jumped after manufacturing data indicated inflation is likely to remain stubbornly high, while comments from Federal Reserve policymakers supported a hawkish policy stance.</p><p>The yield on 10-year notes topped 4% for the first time since November, reaching a high of 4.01%, after the Institute for Supply Management&#39;s <a href=\"https://laohu8.com/S/ISM\">$(ISM)$</a> survey showed U.S. manufacturing contracted in February and prices for raw materials increased last month.</p><p>After the data was released, the two-year    U.S. Treasury yield, which typically moves in step with interest rate expectations, gained on the day after reaching 4.904%, its highest since 2007. It was last up 8.4 basis points at 4.881%.</p><p>&#34;You could see the market kind of deteriorated a little bit, yields started climbing after that February ISM manufacturing report. Prices paid component, that really jumped, broke a four-month streak of price declines,&#34; said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan, referring to the ISM Manufacturing Prices Paid Index which is seen as an inflation indicator.</p><p>&#34;That is just another piece of evidence we have seen over the past couple of weeks that inflation is remaining stickier than what most people thought in January,&#34; he said, adding it was likely the Fed is going to move rates higher.</p><p>Saglimbene added the bond market has recently been indicating there is a greater chance the Fed could move the terminal rate somewhere close to 6%.</p><p>The Dow Jones Industrial Average rose 5.14 points, or 0.02%, to 32,661.84, the S&amp;P 500 lost 18.76 points, or 0.47%, to 3,951.39 and the Nasdaq Composite    dropped 76.06 points, or 0.66%, to 11,379.48.</p><p>The Dow held near the unchanged mark as Caterpillar    shares rose 3.81% after the construction equipment maker said it had reached a tentative deal with a union that represents workers at four of its facilities.</p><p>Fed funds futures showed traders added to bets the U.S. central bank will raise its benchmark rate to a range of 5.5%-5.75% by September, from the current range of 4.5%-4.75%.</p><p>Further fueling concerns about central bank aggressiveness, Minneapolis Fed President Neel Kashkari, a voter in the rate-setting committee in 2023, said he is &#34;open-minded&#34; on either a 25 basis point or a 50 basis point rate hike in March. Atlanta Fed President Raphael Bostic said in an essay that while a federal funds rate between 5% to 5.25% would be adequate, the policy would have to remain tight &#34;well into 2024&#34; until inflation is clearly subsiding.</p><p>After a strong January, the main U.S. benchmarks stumbled in February on growing expectations the Fed will increase rates more than initially thought as segments of the economy such as the labor market remain tight, while inflation has not ebbed as quickly as anticipated.</p><p>U.S. monthly payrolls and consumer prices data in the coming days will further help investors gauge the path of rates ahead of the March 21-22 meeting, when the Fed is largely seen hiking rates by 25 basis points.</p><p>Energy    and materials    sectors were among the few winners in the session as commodity prices gained after data showed China&#39;s manufacturing activity expanded at the fastest pace in more than a decade as the country continues to leave its COVID-19 restrictions behind.</p><p>Tesla Inc    slipped 1.43% ahead of its investor day event. The electric automaker is readying a production revamp of its top-selling Model Y, Reuters reported, citing people familiar with the plan.</p><p>Novavax Inc    plunged 25.92% after the COVID-19 vaccine maker raised doubts about its ability to remain in business and announced plans to slash spending as it prepares for a fall vaccination campaign.</p><p>Volume on U.S. exchanges was 11.00 billion shares, compared with the 11.39 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.29-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 9 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 79 new highs and 114 new lows.</p><p>(Reporting by Chuck Mikolajczak; Editing by Aurora Ellis)</p><p>((charles.mikolajczak@tr.com; @ChuckMik;))</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","SDOW":"道指三倍做空ETF-ProShares","DXD":"道指两倍做空ETF","SSO":"两倍做多标普500ETF",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF","SDS":"两倍做空标普500ETF",".IXIC":"NASDAQ Composite","SH":"标普500反向ETF",".SPX":"S&P 500 Index","OEX":"标普100","TSLA":"特斯拉","SPXU":"三倍做空标普500ETF","IVV":"标普500指数ETF","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","OEF":"标普100指数ETF-iShares","BK4139":"生物科技","UDOW":"道指三倍做多ETF-ProShares","DJX":"1/100道琼斯","SPY":"标普500ETF","NVAX":"诺瓦瓦克斯医药","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","BK4588":"碎股","BK4568":"美国抗疫概念","DDM":"道指两倍做多ETF","DOG":"道指反向ETF","BK4581":"高盛持仓","BK4504":"桥水持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2316241106","content_text":"Two-year Treasury yield jumps to 2007 highNovavax slumps on going concern worriesTesla slips ahead of investor dayNEW YORK, March 1 (Reuters) - The S&P 500 and Nasdaq fell for a second straight session on Wednesday as Treasury yields jumped after manufacturing data indicated inflation is likely to remain stubbornly high, while comments from Federal Reserve policymakers supported a hawkish policy stance.The yield on 10-year notes topped 4% for the first time since November, reaching a high of 4.01%, after the Institute for Supply Management's $(ISM)$ survey showed U.S. manufacturing contracted in February and prices for raw materials increased last month.After the data was released, the two-year    U.S. Treasury yield, which typically moves in step with interest rate expectations, gained on the day after reaching 4.904%, its highest since 2007. It was last up 8.4 basis points at 4.881%.\"You could see the market kind of deteriorated a little bit, yields started climbing after that February ISM manufacturing report. Prices paid component, that really jumped, broke a four-month streak of price declines,\" said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan, referring to the ISM Manufacturing Prices Paid Index which is seen as an inflation indicator.\"That is just another piece of evidence we have seen over the past couple of weeks that inflation is remaining stickier than what most people thought in January,\" he said, adding it was likely the Fed is going to move rates higher.Saglimbene added the bond market has recently been indicating there is a greater chance the Fed could move the terminal rate somewhere close to 6%.The Dow Jones Industrial Average rose 5.14 points, or 0.02%, to 32,661.84, the S&P 500 lost 18.76 points, or 0.47%, to 3,951.39 and the Nasdaq Composite    dropped 76.06 points, or 0.66%, to 11,379.48.The Dow held near the unchanged mark as Caterpillar    shares rose 3.81% after the construction equipment maker said it had reached a tentative deal with a union that represents workers at four of its facilities.Fed funds futures showed traders added to bets the U.S. central bank will raise its benchmark rate to a range of 5.5%-5.75% by September, from the current range of 4.5%-4.75%.Further fueling concerns about central bank aggressiveness, Minneapolis Fed President Neel Kashkari, a voter in the rate-setting committee in 2023, said he is \"open-minded\" on either a 25 basis point or a 50 basis point rate hike in March. Atlanta Fed President Raphael Bostic said in an essay that while a federal funds rate between 5% to 5.25% would be adequate, the policy would have to remain tight \"well into 2024\" until inflation is clearly subsiding.After a strong January, the main U.S. benchmarks stumbled in February on growing expectations the Fed will increase rates more than initially thought as segments of the economy such as the labor market remain tight, while inflation has not ebbed as quickly as anticipated.U.S. monthly payrolls and consumer prices data in the coming days will further help investors gauge the path of rates ahead of the March 21-22 meeting, when the Fed is largely seen hiking rates by 25 basis points.Energy    and materials    sectors were among the few winners in the session as commodity prices gained after data showed China's manufacturing activity expanded at the fastest pace in more than a decade as the country continues to leave its COVID-19 restrictions behind.Tesla Inc    slipped 1.43% ahead of its investor day event. The electric automaker is readying a production revamp of its top-selling Model Y, Reuters reported, citing people familiar with the plan.Novavax Inc    plunged 25.92% after the COVID-19 vaccine maker raised doubts about its ability to remain in business and announced plans to slash spending as it prepares for a fall vaccination campaign.Volume on U.S. exchanges was 11.00 billion shares, compared with the 11.39 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.29-to-1 ratio favored decliners.The S&P 500 posted 9 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 79 new highs and 114 new lows.(Reporting by Chuck Mikolajczak; Editing by Aurora Ellis)((charles.mikolajczak@tr.com; @ChuckMik;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917575614,"gmtCreate":1665550275539,"gmtModify":1676537626060,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Good morning&nbsp;","listText":"Good morning&nbsp;","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":14,"repostSize":0,"link":"https://ttm.financial/post/9917575614","repostId":"1142393050","repostType":4,"repost":{"id":"1142393050","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1665545393,"share":"https://www.laohu8.com/m/news/1142393050?lang=&edition=full","pubTime":"2022-10-12 11:29","market":"hk","language":"en","title":"Alibaba, Nio Fall Over 4%: Hang Seng Hits 11-Year Low As Focus Turns To US Inflation Data","url":"https://stock-news.laohu8.com/highlight/detail?id=1142393050","media":"Benzinga","summary":"KEY POINTSShares of Alibaba, Meituan, Nio and Baidu lose over 4% in morning trade.New bank lending i","content":"<html><head></head><body><h2>KEY POINTS</h2><ul><li>Shares of Alibaba, Meituan, Nio and Baidu lose over 4% in morning trade.</li><li>New bank lending in China almost doubled in September compared to the previous month.</li><li>The cost of insuring exposure to China&#39;s sovereign debt surged to its highest level since January 2017 on Tuesday.</li></ul><p>Hong Kong markets opened in the red on Wednesday, with the benchmark Hang Seng losing 2%, as investors await U.S. inflation data for September due later this week. The Hang Seng is trading at its lowest level since October 2011.<img src=\"https://static.tigerbbs.com/812d35c1059363bac3b494fdde22e742\" tg-width=\"436\" tg-height=\"487\" referrerpolicy=\"no-referrer\"/>Shares of Alibaba, Meituan, Nio and Baidu lost over 4% in morning trade.</p><p><b>Macro News</b>: New bank lending in China almost doubled in September compared to the previous month and far exceeded expectations following the <b>PBoC’s</b> actions, reported Reuters.</p><p>The cost of insuring exposure to China&#39;s sovereign debt surged to its highest level since January 2017 on Tuesday, Reuters reported, citing data from <b>S&amp;P Global Market Intelligence</b>.</p><p><b>Company News</b>: <b>Warren Buffett</b>-backed <b>BYD Co</b> launched its first passenger car in India, an electric SUV, on Tuesday.</p><p><b>XPeng</b> completed its first overseas public flight of the <b>X2</b> flying car, and is set to reveal key results of the next-generation product in two weeks, CnEVPost reported.</p><p><b>Global News</b>: U.S. futures traded in the green on Wednesday morning Asia session. Dow Jones futures were up 0.04%, while Nasdaq futures gained 0.1%. S&amp;P 500 futures were up 0.07%.</p><p>Elsewhere in Asia, Australia’s ASX 200 was up 0.08%. Japan’s Nikkei 225 lost 0.17%, while China’s Shanghai Composite index was down 0.75%. South Korea’s Kospi was down 0.4%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba, Nio Fall Over 4%: Hang Seng Hits 11-Year Low As Focus Turns To US Inflation Data</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, Nio Fall Over 4%: Hang Seng Hits 11-Year Low As Focus Turns To US Inflation Data\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-10-12 11:29</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h2>KEY POINTS</h2><ul><li>Shares of Alibaba, Meituan, Nio and Baidu lose over 4% in morning trade.</li><li>New bank lending in China almost doubled in September compared to the previous month.</li><li>The cost of insuring exposure to China&#39;s sovereign debt surged to its highest level since January 2017 on Tuesday.</li></ul><p>Hong Kong markets opened in the red on Wednesday, with the benchmark Hang Seng losing 2%, as investors await U.S. inflation data for September due later this week. The Hang Seng is trading at its lowest level since October 2011.<img src=\"https://static.tigerbbs.com/812d35c1059363bac3b494fdde22e742\" tg-width=\"436\" tg-height=\"487\" referrerpolicy=\"no-referrer\"/>Shares of Alibaba, Meituan, Nio and Baidu lost over 4% in morning trade.</p><p><b>Macro News</b>: New bank lending in China almost doubled in September compared to the previous month and far exceeded expectations following the <b>PBoC’s</b> actions, reported Reuters.</p><p>The cost of insuring exposure to China&#39;s sovereign debt surged to its highest level since January 2017 on Tuesday, Reuters reported, citing data from <b>S&amp;P Global Market Intelligence</b>.</p><p><b>Company News</b>: <b>Warren Buffett</b>-backed <b>BYD Co</b> launched its first passenger car in India, an electric SUV, on Tuesday.</p><p><b>XPeng</b> completed its first overseas public flight of the <b>X2</b> flying car, and is set to reveal key results of the next-generation product in two weeks, CnEVPost reported.</p><p><b>Global News</b>: U.S. futures traded in the green on Wednesday morning Asia session. Dow Jones futures were up 0.04%, while Nasdaq futures gained 0.1%. S&amp;P 500 futures were up 0.07%.</p><p>Elsewhere in Asia, Australia’s ASX 200 was up 0.08%. Japan’s Nikkei 225 lost 0.17%, while China’s Shanghai Composite index was down 0.75%. South Korea’s Kospi was down 0.4%.</p></body></html>\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-SW","NIO.SI":"蔚来","09866":"蔚来-SW"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142393050","content_text":"KEY POINTSShares of Alibaba, Meituan, Nio and Baidu lose over 4% in morning trade.New bank lending in China almost doubled in September compared to the previous month.The cost of insuring exposure to China's sovereign debt surged to its highest level since January 2017 on Tuesday.Hong Kong markets opened in the red on Wednesday, with the benchmark Hang Seng losing 2%, as investors await U.S. inflation data for September due later this week. The Hang Seng is trading at its lowest level since October 2011.Shares of Alibaba, Meituan, Nio and Baidu lost over 4% in morning trade.Macro News: New bank lending in China almost doubled in September compared to the previous month and far exceeded expectations following the PBoC’s actions, reported Reuters.The cost of insuring exposure to China's sovereign debt surged to its highest level since January 2017 on Tuesday, Reuters reported, citing data from S&P Global Market Intelligence.Company News: Warren Buffett-backed BYD Co launched its first passenger car in India, an electric SUV, on Tuesday.XPeng completed its first overseas public flight of the X2 flying car, and is set to reveal key results of the next-generation product in two weeks, CnEVPost reported.Global News: U.S. futures traded in the green on Wednesday morning Asia session. Dow Jones futures were up 0.04%, while Nasdaq futures gained 0.1%. S&P 500 futures were up 0.07%.Elsewhere in Asia, Australia’s ASX 200 was up 0.08%. Japan’s Nikkei 225 lost 0.17%, while China’s Shanghai Composite index was down 0.75%. South Korea’s Kospi was down 0.4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188314645123216,"gmtCreate":1687000778554,"gmtModify":1687000782240,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Thanks you&nbsp;meta.","listText":"Thanks you&nbsp;meta.","text":"Thanks you meta.","images":[{"img":"https://community-static.tradeup.com/news/b3f624191954a8e128b38266af60a281","width":"927","height":"1538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188314645123216","isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9943076766,"gmtCreate":1679009641256,"gmtModify":1679009645155,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Good morning&nbsp;","listText":"Good morning&nbsp;","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":32,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943076766","repostId":"1170952277","repostType":2,"repost":{"id":"1170952277","pubTimestamp":1679008361,"share":"https://www.laohu8.com/m/news/1170952277?lang=&edition=full","pubTime":"2023-03-17 07:12","market":"us","language":"en","title":"First Republic Gets $30 Billion of Fresh Deposits in Bank Rescue","url":"https://stock-news.laohu8.com/highlight/detail?id=1170952277","media":"Bloomberg","summary":"JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking sy","content":"<html><head></head><body><ul><li>JPMorgan, BofA, Citi, Wells Fargo among lenders contributing</li><li>Plan shows ‘resilience of the banking system,’ regulators say</li></ul><p>The biggest US banks pledged $30 billion of fresh cash for First Republic Bank to stem the turmoil that has sent depositors fleeing from regional banks and shaken the country’s financial system.</p><p>JPMorgan Chase &amp; Co., Bank of America Corp., Citigroup Inc. and Wells Fargo &amp; Co. will contribute $5 billion of uninsured deposits each, while Goldman Sachs Group Inc. and Morgan Stanley will kick in $2.5 billion apiece, according to a statement Thursday. Other banks will deposit smaller amounts as part of a plan devised along with US regulators.</p><p>“This action by America’s largest banks reflects their confidence in First Republic and in banks of all sizes,” the banks said in their statement. The consortium cited the outflows of uninsured deposits at a small number of banks following the collapse of Silicon Valley Bank and Signature Bank.</p><p><img src=\"https://static.tigerbbs.com/dbbca686ada81d9e2312e9aebe7bd164\" tg-width=\"727\" tg-height=\"224\" referrerpolicy=\"no-referrer\"/>First Republic has been exploring strategic options including a possible sale, Bloomberg News reported late Wednesday. The lender’s shares have plummeted in the aftermath of regulators’ seizure of fellow regional lenders Silicon Valley Bank and Signature Bank over the past week.</p><p>“This show of support by a group of large banks is most welcome, and demonstrates the resilience of the banking system,” US Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell, Federal Deposit Insurance Corp. Chairman Martin Gruenberg and Acting Comptroller of the Currency Michael Hsu said in a joint statement.</p><p>Also contributing deposits are PNC Financial Services Group Inc., Bank of New York Mellon Corp., Truist Financial Corp., U.S. Bancorp and State Street Corp., which will each put in $1 billion.</p><p>The deal began to take shape Tuesday and came together in about two days, with the idea of bringing the banks on board broached during a call that included Yellen, Powell and Gruenberg, as well as Jamie Dimon, chief executive officer of JPMorgan, according to people familiar with the matter.</p><p>Yellen and Dimon agreed the idea had merit, with Dimon taking the lead to contact other bank leaders and Yellen making calls, too, said the people, who asked not to be identified discussing the private talks.</p><p>Another call Thursday morning among regulators and CEOs helped finalize the plan. The deal includes deposits with an initial term of 120 days at market rates, First Republic said, and they could remain in place even longer, people familiar with the terms said.</p><p>In some ways, the rescue resembles the 1998 plan devised to bail out Long Term Capital Management without using public money, after the hedge fund made a set of disastrous wrong-way bets. Back then, the Fed convened a meeting of Wall Street executives from Merrill Lynch, Goldman Sachs and about a dozen others. They agreed to pump $3.65 billion into the fund to keep it afloat and avert a collapse in financial markets.</p><h3>Bank’s Future</h3><p>As with LTCM, the banks saw saving First Republic as ultimately in their best interests, rather than risk a widening panic that might engulf more of them, one of the people said. Unlike LTCM, the First Republic rescue isn’t a wind-down, but sets up the bank to have a future, which could still include shopping around for a buyer, the people said.</p><p>The joint effort “is a powerful step to bolster liquidity and reflects our confidence in the critical role of regional banks in our economy and across the communities we serve,” Truist Chief Executive Officer Bill Rogers said in an emailed statement.</p><p>Capital One Financial Corp. was asked to participate in the consortium, but given the credit-card giant’s business mix and the fact that it didn’t have an existing relationship with First Republic, the company chose not to participate, according to a person familiar with the matter. A spokesman for Capital One declined to comment.</p><p>Shares of First Republic swung wildly Thursday, plunging as much as 36% early in the day, then surging as much as 28% midday after details of the emerging plan were first reported. The stock closed up 10% and then slipped in extended New York trading after the bank announced it was suspending its dividend.</p><p>First Republic, which specializes in private banking and has built up a wealth-management franchise with some $271 billion in assets, has made an effort to differentiate itself from SVB Financial Group’s Silicon Valley Bank. Unlike SVB, which counted startups and venture firms among its biggest clients, First Republic said that no sector represents more than 9% of total business deposits.</p><p>Silicon Valley Bank collapsed into FDIC receivership Friday after its customer base of tech startups grew concerned and pulled deposits.</p><p>First Republic Chairman Jim Herbert and CEO Mike Roffler said in a statement that the banks’ “collective support strengthens our liquidity position, reflects the ongoing quality of our business, and is a vote of confidence for First Republic and the entire US banking system.”</p><p>As of Wednesday, First Republic had a cash position of about $34 billion, not including the deposits from the banks. Since the close of business on March 9, First Republic has increased short-term borrowings from the Federal Home Loan Bank by $10 billion at a rate of 5.09%, the company said.</p><p>First Republic said it’s “focused on reducing its borrowings and evaluating the composition and size of its balance sheet,” and will suspend its stock dividend while it recovers.</p><p>First Republic has been working with JPMorgan as it tackles its challenges. On Sunday, the same day Signature Bank was taken over by regulators, First Republic said it “further enhanced and diversified its financial position” by securing additional liquidity from the Federal Reserve and JPMorgan.</p><p>“The effort by the federal government to bring together the banking sector, including U.S. Bank, speaks to the strength of the overall financial system,” said a spokesman for the Minneapolis-based lender.</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>First Republic Gets $30 Billion of Fresh Deposits in Bank Rescue</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\">\nFirst Republic Gets $30 Billion of Fresh Deposits in Bank Rescue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-17 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking system,’ regulators sayThe biggest US banks pledged $30 billion of fresh cash for First Republic Bank ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?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":{"C":"花旗","JPM":"摩根大通"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170952277","content_text":"JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking system,’ regulators sayThe biggest US banks pledged $30 billion of fresh cash for First Republic Bank to stem the turmoil that has sent depositors fleeing from regional banks and shaken the country’s financial system.JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. will contribute $5 billion of uninsured deposits each, while Goldman Sachs Group Inc. and Morgan Stanley will kick in $2.5 billion apiece, according to a statement Thursday. Other banks will deposit smaller amounts as part of a plan devised along with US regulators.“This action by America’s largest banks reflects their confidence in First Republic and in banks of all sizes,” the banks said in their statement. The consortium cited the outflows of uninsured deposits at a small number of banks following the collapse of Silicon Valley Bank and Signature Bank.First Republic has been exploring strategic options including a possible sale, Bloomberg News reported late Wednesday. The lender’s shares have plummeted in the aftermath of regulators’ seizure of fellow regional lenders Silicon Valley Bank and Signature Bank over the past week.“This show of support by a group of large banks is most welcome, and demonstrates the resilience of the banking system,” US Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell, Federal Deposit Insurance Corp. Chairman Martin Gruenberg and Acting Comptroller of the Currency Michael Hsu said in a joint statement.Also contributing deposits are PNC Financial Services Group Inc., Bank of New York Mellon Corp., Truist Financial Corp., U.S. Bancorp and State Street Corp., which will each put in $1 billion.The deal began to take shape Tuesday and came together in about two days, with the idea of bringing the banks on board broached during a call that included Yellen, Powell and Gruenberg, as well as Jamie Dimon, chief executive officer of JPMorgan, according to people familiar with the matter.Yellen and Dimon agreed the idea had merit, with Dimon taking the lead to contact other bank leaders and Yellen making calls, too, said the people, who asked not to be identified discussing the private talks.Another call Thursday morning among regulators and CEOs helped finalize the plan. The deal includes deposits with an initial term of 120 days at market rates, First Republic said, and they could remain in place even longer, people familiar with the terms said.In some ways, the rescue resembles the 1998 plan devised to bail out Long Term Capital Management without using public money, after the hedge fund made a set of disastrous wrong-way bets. Back then, the Fed convened a meeting of Wall Street executives from Merrill Lynch, Goldman Sachs and about a dozen others. They agreed to pump $3.65 billion into the fund to keep it afloat and avert a collapse in financial markets.Bank’s FutureAs with LTCM, the banks saw saving First Republic as ultimately in their best interests, rather than risk a widening panic that might engulf more of them, one of the people said. Unlike LTCM, the First Republic rescue isn’t a wind-down, but sets up the bank to have a future, which could still include shopping around for a buyer, the people said.The joint effort “is a powerful step to bolster liquidity and reflects our confidence in the critical role of regional banks in our economy and across the communities we serve,” Truist Chief Executive Officer Bill Rogers said in an emailed statement.Capital One Financial Corp. was asked to participate in the consortium, but given the credit-card giant’s business mix and the fact that it didn’t have an existing relationship with First Republic, the company chose not to participate, according to a person familiar with the matter. A spokesman for Capital One declined to comment.Shares of First Republic swung wildly Thursday, plunging as much as 36% early in the day, then surging as much as 28% midday after details of the emerging plan were first reported. The stock closed up 10% and then slipped in extended New York trading after the bank announced it was suspending its dividend.First Republic, which specializes in private banking and has built up a wealth-management franchise with some $271 billion in assets, has made an effort to differentiate itself from SVB Financial Group’s Silicon Valley Bank. Unlike SVB, which counted startups and venture firms among its biggest clients, First Republic said that no sector represents more than 9% of total business deposits.Silicon Valley Bank collapsed into FDIC receivership Friday after its customer base of tech startups grew concerned and pulled deposits.First Republic Chairman Jim Herbert and CEO Mike Roffler said in a statement that the banks’ “collective support strengthens our liquidity position, reflects the ongoing quality of our business, and is a vote of confidence for First Republic and the entire US banking system.”As of Wednesday, First Republic had a cash position of about $34 billion, not including the deposits from the banks. Since the close of business on March 9, First Republic has increased short-term borrowings from the Federal Home Loan Bank by $10 billion at a rate of 5.09%, the company said.First Republic said it’s “focused on reducing its borrowings and evaluating the composition and size of its balance sheet,” and will suspend its stock dividend while it recovers.First Republic has been working with JPMorgan as it tackles its challenges. On Sunday, the same day Signature Bank was taken over by regulators, First Republic said it “further enhanced and diversified its financial position” by securing additional liquidity from the Federal Reserve and JPMorgan.“The effort by the federal government to bring together the banking sector, including U.S. Bank, speaks to the strength of the overall financial system,” said a spokesman for the Minneapolis-based lender.","news_type":1},"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955581599,"gmtCreate":1675561264611,"gmtModify":1676539007633,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Good morning&nbsp;","listText":"Good morning&nbsp;","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":31,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955581599","repostId":"2308684441","repostType":4,"repost":{"id":"2308684441","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":1675558051,"share":"https://www.laohu8.com/m/news/2308684441?lang=&edition=full","pubTime":"2023-02-05 08:47","market":"us","language":"en","title":"The Stock-Market Rally Survived a Confusing Week. Here's What Comes Next","url":"https://stock-news.laohu8.com/highlight/detail?id=2308684441","media":"Dow Jones","summary":"A key point of conflict requires resolutionInvestors can be excused for feeling a sense of confusion","content":"<html><head></head><body><p>A key point of conflict requires resolution</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3d84acd0fff9a6d03a294f0091d5a09d\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Investors can be excused for feeling a sense of confusion. GETTY IMAGES/ISTOCKPHOTO</span></p><p>Despite a Friday stumble, stocks ended a turbulent week with another round of solid gains, keeping 2023&#39;s young but robust stock-market rally very much alive.</p><p>But a cloud of confusion also sets over the market, and it will eventually need to be resolved, strategists said.</p><p>Stocks rose early in the week as traders continued to bet that the Federal Reserve won&#39;t follow through on its forecast to push the federal funds rate to a peak above 5% and hold it there, instead looking for cuts by year-end. Fed chief Jerome Powell pushed back against that expectation again on Wednesday, but a nuanced answer to a question about loosening financial conditions and an acknowledgment that the &#34;disinflationary process&#34; had begun convinced traders they remained right about the rate path.</p><p>On Friday, however, a blowout January jobs report, with the U.S. economy adding 517,000 jobs and the unemployment rate dropping to 3.4%, its lowest level since 1969, appeared to affirm Powell&#39;s position.</p><p>Stocks took a hit, even if they finished off session lows, with the Nasdaq Composite  booking a fifth straight weekly gain and the S&amp;P 500  achieving back-to-back weekly wins. The Dow Jones Industrial Average  suffered a 0.2% weekly fall.</p><p>&#34;It kind of leaves you shaking your head right now, doesn&#39;t it?&#34; asked Jim Baird, chief investment officer at Plante Moran Financial Advisors, in a phone interview.</p><p>At some point in the coming months there will need to be &#34;a reconciliation between what the markets think the Fed will do and what Powell says the Fed will do,&#34; Baird said.</p><p>The rally could continue for now, Baird said, but he argued it would be wise in the long run to take the Fed at face value. &#34;I think the overall tone of risk taking in the market right now is a little bit too optimistic.&#34;</p><p>Money-market traders did react to Friday&#39;s data. Fed funds futures on Friday afternoon reflected a 99.6% probability that the Fed would raise the target rate by 25 basis points to a range of 4.75% to 5% at the conclusion of its next policy meeting, on March 22, up from an 82.7% probability on Thursday, according to the CME FedWatch tool.</p><p>For the Fed&#39;s May meeting, the market reflected a 61.3% chance of another quarter-point rise to 5% to 5.25%, the level the Fed has signaled is its expected high-water-mark rate. On Thursday, it saw just a 30% chance of a quarter-point rise in May. But markets still look for a cut by year-end.</p><p>Of course, one month&#39;s data do not represent the end of the argument. But unless January&#39;s labor-market strength turns out to be a blip, the hawks on the Fed are likely to dig in and keep rates higher for longer, said Yung-Yu Ma, chief investment strategist at BMO Wealth Management, in a phone interview.</p><p>For markets, the lack of a resolution to the long-simmering disconnect with the Fed could lead to a period of consolidation after an admittedly impressive start to 2023, he said.</p><p>Indeed, the momentum behind the market&#39;s rally could be set to continue. It&#39;s been led by tech and other growth stocks that were hammered in last year&#39;s market rout. Market watchers detect a sense of &#34;FOMO,&#34; or fear of missing out, is driving what some have termed a tech-stock &#34;meltup.&#34;</p><p>&#34;The impressive equity rally to start the year has caught cautious institutional investors, hedge funds, and strategists off guard. While overbought conditions are obvious, the near-universal level of skepticism among institutions provides a contrarian degree of support for continued strength,&#34; said Mark Hackett, chief of investment research at Nationwide, in a Friday note.</p><p>And then there&#39;s earnings season, which has so far seen results from around half of the S&amp;P 500.</p><p>Companies through Friday had reported lower earnings for the fourth quarter relative to the end of the previous week and relative to the end of the quarter.</p><p>The blended earnings decline (a combination of actual results for companies that have reported and estimated results for companies that have yet to report) for the fourth quarter was 5.3% through Friday, compared with an earnings decline of 5.1% last week and an earnings decline of 3.3% at the end of the fourth quarter, according to FactSet. If earnings come out negative for the quarter, it would be the first year-over-year decline since the third quarter of 2020.</p><p>When it comes to earnings, &#34;there&#39;s definitely been a mood of forgiveness in the market,&#34; said BMO&#39;s Ma.</p><p>&#34;I think the market just didn&#39;t want to see a disastrous earnings season,&#34; he said, noting expectations remain for weak earnings in the current quarter and next, with bulls looking into the second half of this year and even into 2024 to get on a better footing.</p><p>For the market, the main driver will remain data on inflation and wage growth, Ma said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Stock-Market Rally Survived a Confusing Week. Here's What Comes Next</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\">\nThe Stock-Market Rally Survived a Confusing Week. Here's What Comes Next\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\">2023-02-05 08:47</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>A key point of conflict requires resolution</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3d84acd0fff9a6d03a294f0091d5a09d\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Investors can be excused for feeling a sense of confusion. GETTY IMAGES/ISTOCKPHOTO</span></p><p>Despite a Friday stumble, stocks ended a turbulent week with another round of solid gains, keeping 2023&#39;s young but robust stock-market rally very much alive.</p><p>But a cloud of confusion also sets over the market, and it will eventually need to be resolved, strategists said.</p><p>Stocks rose early in the week as traders continued to bet that the Federal Reserve won&#39;t follow through on its forecast to push the federal funds rate to a peak above 5% and hold it there, instead looking for cuts by year-end. Fed chief Jerome Powell pushed back against that expectation again on Wednesday, but a nuanced answer to a question about loosening financial conditions and an acknowledgment that the &#34;disinflationary process&#34; had begun convinced traders they remained right about the rate path.</p><p>On Friday, however, a blowout January jobs report, with the U.S. economy adding 517,000 jobs and the unemployment rate dropping to 3.4%, its lowest level since 1969, appeared to affirm Powell&#39;s position.</p><p>Stocks took a hit, even if they finished off session lows, with the Nasdaq Composite  booking a fifth straight weekly gain and the S&amp;P 500  achieving back-to-back weekly wins. The Dow Jones Industrial Average  suffered a 0.2% weekly fall.</p><p>&#34;It kind of leaves you shaking your head right now, doesn&#39;t it?&#34; asked Jim Baird, chief investment officer at Plante Moran Financial Advisors, in a phone interview.</p><p>At some point in the coming months there will need to be &#34;a reconciliation between what the markets think the Fed will do and what Powell says the Fed will do,&#34; Baird said.</p><p>The rally could continue for now, Baird said, but he argued it would be wise in the long run to take the Fed at face value. &#34;I think the overall tone of risk taking in the market right now is a little bit too optimistic.&#34;</p><p>Money-market traders did react to Friday&#39;s data. Fed funds futures on Friday afternoon reflected a 99.6% probability that the Fed would raise the target rate by 25 basis points to a range of 4.75% to 5% at the conclusion of its next policy meeting, on March 22, up from an 82.7% probability on Thursday, according to the CME FedWatch tool.</p><p>For the Fed&#39;s May meeting, the market reflected a 61.3% chance of another quarter-point rise to 5% to 5.25%, the level the Fed has signaled is its expected high-water-mark rate. On Thursday, it saw just a 30% chance of a quarter-point rise in May. But markets still look for a cut by year-end.</p><p>Of course, one month&#39;s data do not represent the end of the argument. But unless January&#39;s labor-market strength turns out to be a blip, the hawks on the Fed are likely to dig in and keep rates higher for longer, said Yung-Yu Ma, chief investment strategist at BMO Wealth Management, in a phone interview.</p><p>For markets, the lack of a resolution to the long-simmering disconnect with the Fed could lead to a period of consolidation after an admittedly impressive start to 2023, he said.</p><p>Indeed, the momentum behind the market&#39;s rally could be set to continue. It&#39;s been led by tech and other growth stocks that were hammered in last year&#39;s market rout. Market watchers detect a sense of &#34;FOMO,&#34; or fear of missing out, is driving what some have termed a tech-stock &#34;meltup.&#34;</p><p>&#34;The impressive equity rally to start the year has caught cautious institutional investors, hedge funds, and strategists off guard. While overbought conditions are obvious, the near-universal level of skepticism among institutions provides a contrarian degree of support for continued strength,&#34; said Mark Hackett, chief of investment research at Nationwide, in a Friday note.</p><p>And then there&#39;s earnings season, which has so far seen results from around half of the S&amp;P 500.</p><p>Companies through Friday had reported lower earnings for the fourth quarter relative to the end of the previous week and relative to the end of the quarter.</p><p>The blended earnings decline (a combination of actual results for companies that have reported and estimated results for companies that have yet to report) for the fourth quarter was 5.3% through Friday, compared with an earnings decline of 5.1% last week and an earnings decline of 3.3% at the end of the fourth quarter, according to FactSet. If earnings come out negative for the quarter, it would be the first year-over-year decline since the third quarter of 2020.</p><p>When it comes to earnings, &#34;there&#39;s definitely been a mood of forgiveness in the market,&#34; said BMO&#39;s Ma.</p><p>&#34;I think the market just didn&#39;t want to see a disastrous earnings season,&#34; he said, noting expectations remain for weak earnings in the current quarter and next, with bulls looking into the second half of this year and even into 2024 to get on a better footing.</p><p>For the market, the main driver will remain data on inflation and wage growth, Ma said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2308684441","content_text":"A key point of conflict requires resolutionInvestors can be excused for feeling a sense of confusion. GETTY IMAGES/ISTOCKPHOTODespite a Friday stumble, stocks ended a turbulent week with another round of solid gains, keeping 2023's young but robust stock-market rally very much alive.But a cloud of confusion also sets over the market, and it will eventually need to be resolved, strategists said.Stocks rose early in the week as traders continued to bet that the Federal Reserve won't follow through on its forecast to push the federal funds rate to a peak above 5% and hold it there, instead looking for cuts by year-end. Fed chief Jerome Powell pushed back against that expectation again on Wednesday, but a nuanced answer to a question about loosening financial conditions and an acknowledgment that the \"disinflationary process\" had begun convinced traders they remained right about the rate path.On Friday, however, a blowout January jobs report, with the U.S. economy adding 517,000 jobs and the unemployment rate dropping to 3.4%, its lowest level since 1969, appeared to affirm Powell's position.Stocks took a hit, even if they finished off session lows, with the Nasdaq Composite  booking a fifth straight weekly gain and the S&P 500  achieving back-to-back weekly wins. The Dow Jones Industrial Average  suffered a 0.2% weekly fall.\"It kind of leaves you shaking your head right now, doesn't it?\" asked Jim Baird, chief investment officer at Plante Moran Financial Advisors, in a phone interview.At some point in the coming months there will need to be \"a reconciliation between what the markets think the Fed will do and what Powell says the Fed will do,\" Baird said.The rally could continue for now, Baird said, but he argued it would be wise in the long run to take the Fed at face value. \"I think the overall tone of risk taking in the market right now is a little bit too optimistic.\"Money-market traders did react to Friday's data. Fed funds futures on Friday afternoon reflected a 99.6% probability that the Fed would raise the target rate by 25 basis points to a range of 4.75% to 5% at the conclusion of its next policy meeting, on March 22, up from an 82.7% probability on Thursday, according to the CME FedWatch tool.For the Fed's May meeting, the market reflected a 61.3% chance of another quarter-point rise to 5% to 5.25%, the level the Fed has signaled is its expected high-water-mark rate. On Thursday, it saw just a 30% chance of a quarter-point rise in May. But markets still look for a cut by year-end.Of course, one month's data do not represent the end of the argument. But unless January's labor-market strength turns out to be a blip, the hawks on the Fed are likely to dig in and keep rates higher for longer, said Yung-Yu Ma, chief investment strategist at BMO Wealth Management, in a phone interview.For markets, the lack of a resolution to the long-simmering disconnect with the Fed could lead to a period of consolidation after an admittedly impressive start to 2023, he said.Indeed, the momentum behind the market's rally could be set to continue. It's been led by tech and other growth stocks that were hammered in last year's market rout. Market watchers detect a sense of \"FOMO,\" or fear of missing out, is driving what some have termed a tech-stock \"meltup.\"\"The impressive equity rally to start the year has caught cautious institutional investors, hedge funds, and strategists off guard. While overbought conditions are obvious, the near-universal level of skepticism among institutions provides a contrarian degree of support for continued strength,\" said Mark Hackett, chief of investment research at Nationwide, in a Friday note.And then there's earnings season, which has so far seen results from around half of the S&P 500.Companies through Friday had reported lower earnings for the fourth quarter relative to the end of the previous week and relative to the end of the quarter.The blended earnings decline (a combination of actual results for companies that have reported and estimated results for companies that have yet to report) for the fourth quarter was 5.3% through Friday, compared with an earnings decline of 5.1% last week and an earnings decline of 3.3% at the end of the fourth quarter, according to FactSet. If earnings come out negative for the quarter, it would be the first year-over-year decline since the third quarter of 2020.When it comes to earnings, \"there's definitely been a mood of forgiveness in the market,\" said BMO's Ma.\"I think the market just didn't want to see a disastrous earnings season,\" he said, noting expectations remain for weak earnings in the current quarter and next, with bulls looking into the second half of this year and even into 2024 to get on a better footing.For the market, the main driver will remain data on inflation and wage growth, Ma said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957541485,"gmtCreate":1677453914448,"gmtModify":1677453918457,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Good morning&nbsp;","listText":"Good morning&nbsp;","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":27,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9957541485","repostId":"2314222373","repostType":4,"repost":{"id":"2314222373","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":1677452065,"share":"https://www.laohu8.com/m/news/2314222373?lang=&edition=full","pubTime":"2023-02-27 06:54","market":"us","language":"en","title":"Tesla, Salesforce, Target, Zoom, Goldman Sachs, Costco, and More Stocks to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2314222373","media":"Dow Jones","summary":"The tail end of fourth-quarter earnings season and several economic indicators will be this week's h","content":"<html><head></head><body><p>The tail end of fourth-quarter earnings season and several economic indicators will be this week&#39;s highlights. With roughly 35 companies left to report, S&amp;P 500 earnings are down more than 3% from the same period a year ago, according to Refinitiv.</p><p>Occidental Petroleum, <a href=\"https://laohu8.com/S/WDAY\">Workday</a>, and <a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications will publish their latest results on Monday, followed by AutoZone, Monster Beverage, Norwegian Cruise Line Holdings, and Target on Tuesday. Dollar Tree, Lowe&#39;s, Salesforce, and <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> will go next on Wednesday, then Best Buy, Broadcom, Costco Wholesale, and Kroger report on Thursday.</p><p>Investor days this week will include events from Chevron and Goldman Sachs Group on Tuesday. Tesla may unveil a new, sub-$30,000 model on Wednesday.</p><p>Economic data out this week starts with the Census Bureau&#39;s durable-goods report for January on Monday. That&#39;s often seen as a decent proxy for business investment. On Tuesday, the Conference Board will release its Consumer Confidence Index for March. That&#39;s expected to continue an upward trend.</p><p>The Institute for Supply Management will publish the Manufacturing Purchasing Managers&#39; Index for February on Wednesday, followed by the Services equivalent on Friday. The former is expected to hold roughly steady from the prior month, while the latter is seen declining but remaining in expansion territory.</p><p><img src=\"https://static.tigerbbs.com/791cdda4aaf035154688e3c2a4db2dc0\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p><h2>Monday 2/27</h2><p>Occidental Petroleum, Workday, and Zoom Video Communications report quarterly results.</p><p>The Census Bureau releases the durable-goods report for January. Economists think that new orders for manufactured durable goods declined 3%, to $278 billion.</p><h2>Tuesday 2/28</h2><p>AutoZone, Agilent Technologies, Bank of Montreal, Bank of Nova Scotia, HP Inc., Monster Beverage, Norwegian Cruise Line Holdings, Ross Stores, Sempra Energy, and Target announce earnings.</p><p>Chevron and Goldman Sachs Group hold their 2023 investor days.</p><p>The Conference Board releases its Consumer Confidence Index for February. The consensus estimate is for a 109.2 reading, slightly higher than January&#39;s. The index has rebounded from the 2022 low in July, buoyed by a strong labor market. In January, nearly half of respondents said that jobs were &#34;plentiful,&#34; while only 11.3% said that jobs were &#34;hard to get.&#34;</p><p>S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> releases its Case-Shiller National Home Price Index for December. Expectations are for home prices to show a 4.9% increase, year over year, following a 7.7% gain in November. Annualized home-price growth peaked at a record 20.8% last March and has decelerated every month since then.</p><p>The Institute for Supply Management <a href=\"https://laohu8.com/S/ISM\">$(ISM)$</a> releases its Chicago Business Barometer for February. The consensus call is for a 45 reading, roughly even with the January data. The index has had five consecutive monthly readings below 50, indicating a contracting economy, but this hasn&#39;t shown up in the gross-domestic-product data, with fourth-quarter GDP growing at a seasonally adjusted annual rate of 2.7%.</p><h2>Wednesday 3/1</h2><p>Tesla hosts its 2023 investor day at its Gigafactory in Austin, Texas. The company will unveil CEO Elon Musk&#39;s &#34;Master Plan 3,&#34; geared to achieving very large scale in vehicle and battery production. Analysts expect Musk to announce Tesla&#39;s cheapest model yet, starting at less than $30,000.</p><p>Dollar Tree, Lowe&#39;s, Royal Bank of Canada, Salesforce, and Snowflake release quarterly results.</p><p>ISM releases its Manufacturing Purchasing Managers&#39; Index for February. Economists forecast a 47.9 reading, in line with the January figure. The index has been below the expansionary level of 50 since November.</p><h2>Thursday 3/2</h2><p>Anheuser-Busch InBev, Best Buy, Broadcom, Costco Wholesale, Dell Technologies, Hewlett Packard Enterprise, Hormel Foods, Kroger, Marvell Technology, and Toronto-Dominion Bank hold conference calls to discuss earnings.</p><h2>Friday 3/3</h2><p>ISM releases its Services PMI for February. Expectations are for a 54.5 reading, about one point less than previously. The services sector has held up better than the manufacturing sector, as there is still pent-up demand from pandemic restrictions.</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>Tesla, Salesforce, Target, Zoom, Goldman Sachs, Costco, and More Stocks to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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, Salesforce, Target, Zoom, Goldman Sachs, Costco, and More Stocks to Watch This Week\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\">2023-02-27 06:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The tail end of fourth-quarter earnings season and several economic indicators will be this week&#39;s highlights. With roughly 35 companies left to report, S&amp;P 500 earnings are down more than 3% from the same period a year ago, according to Refinitiv.</p><p>Occidental Petroleum, <a href=\"https://laohu8.com/S/WDAY\">Workday</a>, and <a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications will publish their latest results on Monday, followed by AutoZone, Monster Beverage, Norwegian Cruise Line Holdings, and Target on Tuesday. Dollar Tree, Lowe&#39;s, Salesforce, and <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> will go next on Wednesday, then Best Buy, Broadcom, Costco Wholesale, and Kroger report on Thursday.</p><p>Investor days this week will include events from Chevron and Goldman Sachs Group on Tuesday. Tesla may unveil a new, sub-$30,000 model on Wednesday.</p><p>Economic data out this week starts with the Census Bureau&#39;s durable-goods report for January on Monday. That&#39;s often seen as a decent proxy for business investment. On Tuesday, the Conference Board will release its Consumer Confidence Index for March. That&#39;s expected to continue an upward trend.</p><p>The Institute for Supply Management will publish the Manufacturing Purchasing Managers&#39; Index for February on Wednesday, followed by the Services equivalent on Friday. The former is expected to hold roughly steady from the prior month, while the latter is seen declining but remaining in expansion territory.</p><p><img src=\"https://static.tigerbbs.com/791cdda4aaf035154688e3c2a4db2dc0\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p><h2>Monday 2/27</h2><p>Occidental Petroleum, Workday, and Zoom Video Communications report quarterly results.</p><p>The Census Bureau releases the durable-goods report for January. Economists think that new orders for manufactured durable goods declined 3%, to $278 billion.</p><h2>Tuesday 2/28</h2><p>AutoZone, Agilent Technologies, Bank of Montreal, Bank of Nova Scotia, HP Inc., Monster Beverage, Norwegian Cruise Line Holdings, Ross Stores, Sempra Energy, and Target announce earnings.</p><p>Chevron and Goldman Sachs Group hold their 2023 investor days.</p><p>The Conference Board releases its Consumer Confidence Index for February. The consensus estimate is for a 109.2 reading, slightly higher than January&#39;s. The index has rebounded from the 2022 low in July, buoyed by a strong labor market. In January, nearly half of respondents said that jobs were &#34;plentiful,&#34; while only 11.3% said that jobs were &#34;hard to get.&#34;</p><p>S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> releases its Case-Shiller National Home Price Index for December. Expectations are for home prices to show a 4.9% increase, year over year, following a 7.7% gain in November. Annualized home-price growth peaked at a record 20.8% last March and has decelerated every month since then.</p><p>The Institute for Supply Management <a href=\"https://laohu8.com/S/ISM\">$(ISM)$</a> releases its Chicago Business Barometer for February. The consensus call is for a 45 reading, roughly even with the January data. The index has had five consecutive monthly readings below 50, indicating a contracting economy, but this hasn&#39;t shown up in the gross-domestic-product data, with fourth-quarter GDP growing at a seasonally adjusted annual rate of 2.7%.</p><h2>Wednesday 3/1</h2><p>Tesla hosts its 2023 investor day at its Gigafactory in Austin, Texas. The company will unveil CEO Elon Musk&#39;s &#34;Master Plan 3,&#34; geared to achieving very large scale in vehicle and battery production. Analysts expect Musk to announce Tesla&#39;s cheapest model yet, starting at less than $30,000.</p><p>Dollar Tree, Lowe&#39;s, Royal Bank of Canada, Salesforce, and Snowflake release quarterly results.</p><p>ISM releases its Manufacturing Purchasing Managers&#39; Index for February. Economists forecast a 47.9 reading, in line with the January figure. The index has been below the expansionary level of 50 since November.</p><h2>Thursday 3/2</h2><p>Anheuser-Busch InBev, Best Buy, Broadcom, Costco Wholesale, Dell Technologies, Hewlett Packard Enterprise, Hormel Foods, Kroger, Marvell Technology, and Toronto-Dominion Bank hold conference calls to discuss earnings.</p><h2>Friday 3/3</h2><p>ISM releases its Services PMI for February. Expectations are for a 54.5 reading, about one point less than previously. The services sector has held up better than the manufacturing sector, as there is still pent-up demand from pandemic restrictions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AVGO":"博通","TSLA":"特斯拉","COST":"好市多",".SPX":"S&P 500 Index","MNST":"怪物饮料","TGT":"塔吉特","OXY":"西方石油","DLTR":"美元树公司",".DJI":"道琼斯","NCLH":"挪威邮轮","ZM":"Zoom",".IXIC":"NASDAQ Composite","GS":"高盛","CRM":"赛富时"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2314222373","content_text":"The tail end of fourth-quarter earnings season and several economic indicators will be this week's highlights. With roughly 35 companies left to report, S&P 500 earnings are down more than 3% from the same period a year ago, according to Refinitiv.Occidental Petroleum, Workday, and Zoom Video Communications will publish their latest results on Monday, followed by AutoZone, Monster Beverage, Norwegian Cruise Line Holdings, and Target on Tuesday. Dollar Tree, Lowe's, Salesforce, and Snowflake will go next on Wednesday, then Best Buy, Broadcom, Costco Wholesale, and Kroger report on Thursday.Investor days this week will include events from Chevron and Goldman Sachs Group on Tuesday. Tesla may unveil a new, sub-$30,000 model on Wednesday.Economic data out this week starts with the Census Bureau's durable-goods report for January on Monday. That's often seen as a decent proxy for business investment. On Tuesday, the Conference Board will release its Consumer Confidence Index for March. That's expected to continue an upward trend.The Institute for Supply Management will publish the Manufacturing Purchasing Managers' Index for February on Wednesday, followed by the Services equivalent on Friday. The former is expected to hold roughly steady from the prior month, while the latter is seen declining but remaining in expansion territory.Monday 2/27Occidental Petroleum, Workday, and Zoom Video Communications report quarterly results.The Census Bureau releases the durable-goods report for January. Economists think that new orders for manufactured durable goods declined 3%, to $278 billion.Tuesday 2/28AutoZone, Agilent Technologies, Bank of Montreal, Bank of Nova Scotia, HP Inc., Monster Beverage, Norwegian Cruise Line Holdings, Ross Stores, Sempra Energy, and Target announce earnings.Chevron and Goldman Sachs Group hold their 2023 investor days.The Conference Board releases its Consumer Confidence Index for February. The consensus estimate is for a 109.2 reading, slightly higher than January's. The index has rebounded from the 2022 low in July, buoyed by a strong labor market. In January, nearly half of respondents said that jobs were \"plentiful,\" while only 11.3% said that jobs were \"hard to get.\"S&P CoreLogic releases its Case-Shiller National Home Price Index for December. Expectations are for home prices to show a 4.9% increase, year over year, following a 7.7% gain in November. Annualized home-price growth peaked at a record 20.8% last March and has decelerated every month since then.The Institute for Supply Management $(ISM)$ releases its Chicago Business Barometer for February. The consensus call is for a 45 reading, roughly even with the January data. The index has had five consecutive monthly readings below 50, indicating a contracting economy, but this hasn't shown up in the gross-domestic-product data, with fourth-quarter GDP growing at a seasonally adjusted annual rate of 2.7%.Wednesday 3/1Tesla hosts its 2023 investor day at its Gigafactory in Austin, Texas. The company will unveil CEO Elon Musk's \"Master Plan 3,\" geared to achieving very large scale in vehicle and battery production. Analysts expect Musk to announce Tesla's cheapest model yet, starting at less than $30,000.Dollar Tree, Lowe's, Royal Bank of Canada, Salesforce, and Snowflake release quarterly results.ISM releases its Manufacturing Purchasing Managers' Index for February. Economists forecast a 47.9 reading, in line with the January figure. The index has been below the expansionary level of 50 since November.Thursday 3/2Anheuser-Busch InBev, Best Buy, Broadcom, Costco Wholesale, Dell Technologies, Hewlett Packard Enterprise, Hormel Foods, Kroger, Marvell Technology, and Toronto-Dominion Bank hold conference calls to discuss earnings.Friday 3/3ISM releases its Services PMI for February. Expectations are for a 54.5 reading, about one point less than previously. The services sector has held up better than the manufacturing sector, as there is still pent-up demand from pandemic restrictions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940833110,"gmtCreate":1677800464031,"gmtModify":1677800467775,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Good morning&nbsp;","listText":"Good morning&nbsp;","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":28,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940833110","repostId":"2316960400","repostType":4,"repost":{"id":"2316960400","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://www.laohu8.com/m/news/2316960400?lang=&edition=full","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":{"SPXU":"三倍做空标普500ETF","IVV":"标普500指数ETF","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4548":"巴美列捷福持仓","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap",".DJI":"道琼斯","OEF":"标普100指数ETF-iShares","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4528":"SaaS概念",".IXIC":"NASDAQ Composite","UDOW":"道指三倍做多ETF-ProShares","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","OEX":"标普100","SANA":"Sana Biotechnology, Inc.","SPY":"标普500ETF","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","CGEM":"Cullinan Therapeutics",".SPX":"S&P 500 Index","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","LU2063271972.USD":"富兰克林创新领域基金","BK4082":"医疗保健设备","DJX":"1/100道琼斯","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","DOG":"道指反向ETF","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","BK4550":"红杉资本持仓","BK4588":"碎股","LU1548497426.USD":"安联环球人工智能AT Acc","DXD":"道指两倍做空ETF","SDOW":"道指三倍做空ETF-ProShares","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","BK4551":"寇图资本持仓","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","BK4561":"索罗斯持仓","SDS":"两倍做空标普500ETF","BK4511":"特斯拉概念","SH":"标普500反向ETF","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4504":"桥水持仓","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4099":"汽车制造商"},"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":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954176929,"gmtCreate":1676169934062,"gmtModify":1676169937491,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Good morning&nbsp;","listText":"Good morning&nbsp;","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":23,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9954176929","repostId":"2310209983","repostType":4,"repost":{"id":"2310209983","pubTimestamp":1676166512,"share":"https://www.laohu8.com/m/news/2310209983?lang=&edition=full","pubTime":"2023-02-12 09:48","market":"us","language":"en","title":"Nasdaq Bear Market: 5 Unmatched Growth Stocks You'll Regret Not Buying On the Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2310209983","media":"Motley Fool","summary":"A peak-to-trough plunge of 38% in the Nasdaq Composite is the opportune time to build stakes in these innovative businesses.","content":"<html><head></head><body><p>Things don&#39;t always go as planned on Wall Street. Following a year where the bulls ran wild, 2022 featured the worst performance for the major U.S. stock indexes in more than a decade. The growth-stock-focused <b>Nasdaq Composite</b> (^IXIC -0.61%) was hit particularly hard, with a peak-to-trough loss of 38% from its 2021 high, and a 33% decline for the full year in 2022.</p><p>Although bear market declines can be scary in the short run and cause investors to question their resolve to stick around, they also tend to be short-lived. More importantly, bear markets represent bona fide opportunities to scoop up shares of amazing businesses at a discount.</p><p>With growth stocks leading the way down in 2022, innovative companies with fast-paced potential might be the smartest buys in preparation for the next bull market. Here are five unmatched growth stocks that you&#39;ll regret not buying on the Nasdaq bear market dip.</p><h2><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></h2><p>The first distinctive growth stock you&#39;ll be kicking yourself for not buying during the Nasdaq bear market decline is social media juggernaut <b>Meta Platforms</b>. Despite a weaker ad-spending environment and CEO Mark Zuckerberg&#39;s fascination with spending big on metaverse innovations, the parent company of Facebook holds clear-cut competitive advantages that make it a no-brainer buy.</p><p>While a lot of attention has been paid to the company&#39;s metaverse ambitions -- and rightly so, with Reality Labs losing $13.7 billion in 2022 -- investors shouldn&#39;t lose focus on just how profitable Meta&#39;s social media assets are.</p><p>Meta owns Facebook, Facebook Messenger, WhatsApp, and Instagram, which are still among the most downloaded social media apps worldwide. During the December-ended quarter, 3.74 billion people visited at least one of these social sites each month. Advertisers fully understand that they&#39;re not going to be able to reach a broader audience with any other social media company, which is why Meta can often command a premium price for ad placement.</p><p>Zuckerberg also took the hint from Wall Street and has been pulling levers where necessary to instill confidence in Meta&#39;s management team. Specifically, the company lowered its operating expenses forecast in 2023 to a fresh range of $89 billion to $95 billion, which is down from a prior forecast of $94 billion to $100 billion. What&#39;s more, the company&#39;s board authorized up to $40 billion in share repurchases.</p><p>Meta is a company poised to dominate when the U.S. and global economy are expanding. At roughly 20 times earnings in 2023, it&#39;s an absolute bargain.</p><h2><a href=\"https://laohu8.com/S/OKTA\">Okta</a></h2><p>A second unique growth stock you&#39;ll be wishing you&#39;d bought during the Nasdaq bear market dip is cybersecurity company <b>Okta.</b> Even though Okta&#39;s fiscal 2023 operating performance has been less than stellar, thanks in part to Auth0 integration issues, the company&#39;s future is as bright as ever.</p><p>On a macro basis, it should benefit from the growing need for identity verification solutions. In the wake of the pandemic, businesses have been moving their data online and into the cloud at an accelerated pace. This is providing more opportunity than ever for third-party providers like Okta to step up.</p><p>What&#39;s helping Okta stand out from its competitors is its cloud-native identity verification platform. Since it&#39;s built in the cloud, it&#39;s nimbler than on-premises security solutions at recognizing and responding to possible threats. It&#39;s pretty evident that clients have faith in Okta&#39;s identity cloud platforms, otherwise its subscription backlog wouldn&#39;t have grown to $2.85 billion (up 21% year over year), as of Oct. 31, 2022.</p><p>The other big catalyst for Okta is the aforementioned Auth0 acquisition, which was completed in February 2022. Despite higher-than-anticipated integration costs, these one-time expenses shouldn&#39;t be a factor in fiscal 2024 (most of calendar year 2023). A cleaner income statement that pushes toward recurring profitability would be a big deal.</p><p>Furthermore, Auth0 gives Okta international exposure and solidifies its position as a customer identity verification leader. While Okta isn&#39;t as &#34;cheap&#34; as Meta on a fundamental basis, it can deliver a sustainably higher growth rate for years to come.</p><p><img src=\"https://static.tigerbbs.com/e8ae35a18eb572ad71576d9b0c3ab919\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/></p><p>Image source: Getty Images.</p><h2><a href=\"https://laohu8.com/S/JD\">JD.com</a></h2><p>The third unmatched growth stock begging to be bought as the Nasdaq plunges is China-based e-commerce stock <b>JD.com</b>. Although China stocks come with their own unique set of risks, the reward at this reduced share price looks well worth it.</p><p>The biggest risk China stocks have faced over the past three years is the Chinese government&#39;s COVID-19 mitigation efforts. For years, China employed stringent (and unpredictable) lockdowns that disrupted economic activity and supply chains. With China now abandoning its zero-COVID strategy, one of the faster-growing large economies in the world will be allowed its stretch its legs once more. That&#39;s fantastic news for a company that generates most of its revenue from selling goods online.</p><p>Another reason JD.com is so intriguing is its operating model. Though <b>Alibaba</b> is the big fish in China&#39;s e-commerce space, it&#39;s predominantly dependent on third-party marketplaces. On the other hand, JD has an operating structure that&#39;s similar to <b>Amazon</b>. While it does generate a small percentage of total sales from third-party marketplaces, most of its revenue comes from direct-to-consumer (DTC) sales, where it controls inventory and logistics. The advantage of DTC online sales is that they give JD more control over its expenses and operating margin. As China&#39;s economic activity ramps back up, JD could really see its bottom line explode higher.</p><p>However, JD isn&#39;t solely an e-commerce company. Its ancillary operations, such as JD Logistics, JD Health, and Dada, which focuses on same-day/one-hour deliveries, are growing rapidly and may, in the not-so-distant future, provide a hearty margin boost.</p><p>With double-digit sales growth back on the table, JD.com looks mighty attractive.</p><h2><a href=\"https://laohu8.com/S/GTBIF\">Green Thumb Industries</a></h2><p>A fourth unsurpassed growth stock you&#39;ll regret not scooping up on the Nasdaq bear market drop is U.S. marijuana stock <b>Green Thumb Industries</b>. Even though Capitol Hill has failed at every attempt to legalize cannabis nationwide or reform marijuana banking laws, Green Thumb has a growth strategy in place that&#39;s allowing it to handily outperform its peers.</p><p>When December began, Green Thumb had 77 operating dispensaries, with products being distributed in 15 states. It has enough retail licenses in its proverbial back pocket to effectively double its retail presence, and has grown from just $7 million in full-year sales to an expectation of more than $1 billion in annual sales in just six years.</p><p>Though it&#39;s sensibly been planting its flag in some of the highest-dollar markets, such as California, Colorado, and medical marijuana-legal Florida, it&#39;s the company&#39;s push into a number of limited-license states (Illinois, Ohio, Massachusetts, Pennsylvania, and Virginia) that&#39;s noteworthy. Markets where regulators limit retail license issuance allow newer players a fair shot at building up brand awareness and gaining loyal customers.</p><p>Equally important is Green Thumb Industries&#39; revenue mix. Well over half of its net sales come from derivatives, such as edibles, vapes, and beverages. While most folks associate the marijuana industry with dried cannabis flower, it&#39;s derivative pot products that produce the best margins. Leaning on these high-margin derivatives has helped the company deliver nine consecutive quarters of generally accepted accounting principles (GAAP) profit.</p><p>Even if Washington fails, once again, to pass any meaningful cannabis banking reforms this year, Green Thumb can still excel.</p><h2><a href=\"https://laohu8.com/S/SQ\">Block</a></h2><p>The fifth and final unmatched growth stock you&#39;ll regret not buying on the Nasdaq bear market dip is fintech stock <b>Block</b>, the company formerly known as Square. Despite reduced trading activity in <b>Bitcoin</b> taking the shine off Block&#39;s top-line growth in 2022, a strong foundation has been laid with the company&#39;s two core operating segments.</p><p>Its tried-and-true segment is its Square ecosystem, which provides point-of-sale solutions, loans, and data analytics to merchants. In 2012, the Square ecosystem had $6.5 billion in gross payment volume (GPV) traverse its network. Based on third-quarter GPV, the Square ecosystem has an annual run-rate of $200 billion in GPV. Since this is a usage-based network, more transactions and more GPV should lead to higher gross profit.</p><p>To build on this point, the Square ecosystem has seen a big uptick in larger merchants using its solutions. In the September-ended quarter, roughly 40% of the $50 billion in GPV originated from businesses with at least $500,000 in annualized GPV. That&#39;s up nine percentage points from the comparable quarter two years prior. Bigger merchants utilizing Square is an easy way for Block&#39;s gross profits to climb.</p><p>However, most of the buzz on Wall Street has to do with the growth of digital peer-to-peer payment platform Cash App. When 2018 came to a close, there were about 7 million active Cash App users. As of Sept. 30, 2022, there were more than 49 million.  Digital transactions are still in the very early stages of growth, which gives Cash App a real chance to become Block&#39;s leading cash-flow driver by mid-decade.</p><p>With sales growth expected to reaccelerate across the board in 2023 (and beyond), Block could easily regain its luster.</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>Nasdaq Bear Market: 5 Unmatched Growth Stocks You'll Regret Not Buying On the Dip</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\">\nNasdaq Bear Market: 5 Unmatched Growth Stocks You'll Regret Not Buying On the Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-12 09:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/02/11/nasdaq-bear-market-5-growth-stocks-regret-not-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Things don't always go as planned on Wall Street. Following a year where the bulls ran wild, 2022 featured the worst performance for the major U.S. stock indexes in more than a decade. The growth-...</p>\n\n<a href=\"https://www.fool.com/investing/2023/02/11/nasdaq-bear-market-5-growth-stocks-regret-not-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","SG9999001077.SGD":"United International Growth Fund SGD","BK4122":"互联网与直销零售","BK4509":"腾讯概念","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","GTBIF":"Green Thumb Industries Inc.","SG9999002463.SGD":"LionGlobal China Growth SGD","BK4551":"寇图资本持仓","BK4528":"SaaS概念","IE0008368742.USD":"首域中国增长基金I Acc","SGXZ81514606.USD":"大华环球创新基金A Acc USD","BK4581":"高盛持仓","BK4579":"人工智能","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4587":"ChatGPT概念","JD":"京东","LU1489326972.SGD":"First Eagle Amundi International AHS-MD SGD-H","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","LU1688375341.USD":"贝莱德中国灵活股票基金","BK4504":"桥水持仓","BK4585":"ETF&股票定投概念","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4526":"热门中概股","BK4554":"元宇宙及AR概念","SQ":"Block","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","OKTA":"Okta Inc.","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0985489474.SGD":"First Eagle Amundi International AHS-C SGD-H","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","BK4558":"双十一","LU0106959298.USD":"UBS (LUX) EQUITY FUND - EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","META":"Meta Platforms"},"source_url":"https://www.fool.com/investing/2023/02/11/nasdaq-bear-market-5-growth-stocks-regret-not-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2310209983","content_text":"Things don't always go as planned on Wall Street. Following a year where the bulls ran wild, 2022 featured the worst performance for the major U.S. stock indexes in more than a decade. The growth-stock-focused Nasdaq Composite (^IXIC -0.61%) was hit particularly hard, with a peak-to-trough loss of 38% from its 2021 high, and a 33% decline for the full year in 2022.Although bear market declines can be scary in the short run and cause investors to question their resolve to stick around, they also tend to be short-lived. More importantly, bear markets represent bona fide opportunities to scoop up shares of amazing businesses at a discount.With growth stocks leading the way down in 2022, innovative companies with fast-paced potential might be the smartest buys in preparation for the next bull market. Here are five unmatched growth stocks that you'll regret not buying on the Nasdaq bear market dip.Meta PlatformsThe first distinctive growth stock you'll be kicking yourself for not buying during the Nasdaq bear market decline is social media juggernaut Meta Platforms. Despite a weaker ad-spending environment and CEO Mark Zuckerberg's fascination with spending big on metaverse innovations, the parent company of Facebook holds clear-cut competitive advantages that make it a no-brainer buy.While a lot of attention has been paid to the company's metaverse ambitions -- and rightly so, with Reality Labs losing $13.7 billion in 2022 -- investors shouldn't lose focus on just how profitable Meta's social media assets are.Meta owns Facebook, Facebook Messenger, WhatsApp, and Instagram, which are still among the most downloaded social media apps worldwide. During the December-ended quarter, 3.74 billion people visited at least one of these social sites each month. Advertisers fully understand that they're not going to be able to reach a broader audience with any other social media company, which is why Meta can often command a premium price for ad placement.Zuckerberg also took the hint from Wall Street and has been pulling levers where necessary to instill confidence in Meta's management team. Specifically, the company lowered its operating expenses forecast in 2023 to a fresh range of $89 billion to $95 billion, which is down from a prior forecast of $94 billion to $100 billion. What's more, the company's board authorized up to $40 billion in share repurchases.Meta is a company poised to dominate when the U.S. and global economy are expanding. At roughly 20 times earnings in 2023, it's an absolute bargain.OktaA second unique growth stock you'll be wishing you'd bought during the Nasdaq bear market dip is cybersecurity company Okta. Even though Okta's fiscal 2023 operating performance has been less than stellar, thanks in part to Auth0 integration issues, the company's future is as bright as ever.On a macro basis, it should benefit from the growing need for identity verification solutions. In the wake of the pandemic, businesses have been moving their data online and into the cloud at an accelerated pace. This is providing more opportunity than ever for third-party providers like Okta to step up.What's helping Okta stand out from its competitors is its cloud-native identity verification platform. Since it's built in the cloud, it's nimbler than on-premises security solutions at recognizing and responding to possible threats. It's pretty evident that clients have faith in Okta's identity cloud platforms, otherwise its subscription backlog wouldn't have grown to $2.85 billion (up 21% year over year), as of Oct. 31, 2022.The other big catalyst for Okta is the aforementioned Auth0 acquisition, which was completed in February 2022. Despite higher-than-anticipated integration costs, these one-time expenses shouldn't be a factor in fiscal 2024 (most of calendar year 2023). A cleaner income statement that pushes toward recurring profitability would be a big deal.Furthermore, Auth0 gives Okta international exposure and solidifies its position as a customer identity verification leader. While Okta isn't as \"cheap\" as Meta on a fundamental basis, it can deliver a sustainably higher growth rate for years to come.Image source: Getty Images.JD.comThe third unmatched growth stock begging to be bought as the Nasdaq plunges is China-based e-commerce stock JD.com. Although China stocks come with their own unique set of risks, the reward at this reduced share price looks well worth it.The biggest risk China stocks have faced over the past three years is the Chinese government's COVID-19 mitigation efforts. For years, China employed stringent (and unpredictable) lockdowns that disrupted economic activity and supply chains. With China now abandoning its zero-COVID strategy, one of the faster-growing large economies in the world will be allowed its stretch its legs once more. That's fantastic news for a company that generates most of its revenue from selling goods online.Another reason JD.com is so intriguing is its operating model. Though Alibaba is the big fish in China's e-commerce space, it's predominantly dependent on third-party marketplaces. On the other hand, JD has an operating structure that's similar to Amazon. While it does generate a small percentage of total sales from third-party marketplaces, most of its revenue comes from direct-to-consumer (DTC) sales, where it controls inventory and logistics. The advantage of DTC online sales is that they give JD more control over its expenses and operating margin. As China's economic activity ramps back up, JD could really see its bottom line explode higher.However, JD isn't solely an e-commerce company. Its ancillary operations, such as JD Logistics, JD Health, and Dada, which focuses on same-day/one-hour deliveries, are growing rapidly and may, in the not-so-distant future, provide a hearty margin boost.With double-digit sales growth back on the table, JD.com looks mighty attractive.Green Thumb IndustriesA fourth unsurpassed growth stock you'll regret not scooping up on the Nasdaq bear market drop is U.S. marijuana stock Green Thumb Industries. Even though Capitol Hill has failed at every attempt to legalize cannabis nationwide or reform marijuana banking laws, Green Thumb has a growth strategy in place that's allowing it to handily outperform its peers.When December began, Green Thumb had 77 operating dispensaries, with products being distributed in 15 states. It has enough retail licenses in its proverbial back pocket to effectively double its retail presence, and has grown from just $7 million in full-year sales to an expectation of more than $1 billion in annual sales in just six years.Though it's sensibly been planting its flag in some of the highest-dollar markets, such as California, Colorado, and medical marijuana-legal Florida, it's the company's push into a number of limited-license states (Illinois, Ohio, Massachusetts, Pennsylvania, and Virginia) that's noteworthy. Markets where regulators limit retail license issuance allow newer players a fair shot at building up brand awareness and gaining loyal customers.Equally important is Green Thumb Industries' revenue mix. Well over half of its net sales come from derivatives, such as edibles, vapes, and beverages. While most folks associate the marijuana industry with dried cannabis flower, it's derivative pot products that produce the best margins. Leaning on these high-margin derivatives has helped the company deliver nine consecutive quarters of generally accepted accounting principles (GAAP) profit.Even if Washington fails, once again, to pass any meaningful cannabis banking reforms this year, Green Thumb can still excel.BlockThe fifth and final unmatched growth stock you'll regret not buying on the Nasdaq bear market dip is fintech stock Block, the company formerly known as Square. Despite reduced trading activity in Bitcoin taking the shine off Block's top-line growth in 2022, a strong foundation has been laid with the company's two core operating segments.Its tried-and-true segment is its Square ecosystem, which provides point-of-sale solutions, loans, and data analytics to merchants. In 2012, the Square ecosystem had $6.5 billion in gross payment volume (GPV) traverse its network. Based on third-quarter GPV, the Square ecosystem has an annual run-rate of $200 billion in GPV. Since this is a usage-based network, more transactions and more GPV should lead to higher gross profit.To build on this point, the Square ecosystem has seen a big uptick in larger merchants using its solutions. In the September-ended quarter, roughly 40% of the $50 billion in GPV originated from businesses with at least $500,000 in annualized GPV. That's up nine percentage points from the comparable quarter two years prior. Bigger merchants utilizing Square is an easy way for Block's gross profits to climb.However, most of the buzz on Wall Street has to do with the growth of digital peer-to-peer payment platform Cash App. When 2018 came to a close, there were about 7 million active Cash App users. As of Sept. 30, 2022, there were more than 49 million.  Digital transactions are still in the very early stages of growth, which gives Cash App a real chance to become Block's leading cash-flow driver by mid-decade.With sales growth expected to reaccelerate across the board in 2023 (and beyond), Block could easily regain its luster.","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949511128,"gmtCreate":1678749930765,"gmtModify":1678749934762,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Good morning&nbsp;","listText":"Good morning&nbsp;","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":24,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9949511128","repostId":"1118288697","repostType":2,"repost":{"id":"1118288697","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://www.laohu8.com/m/news/1118288697?lang=&edition=full","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; 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\">\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":{"WAL":"阿莱恩斯西部银行","SBNY":"签字银行"},"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":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943072005,"gmtCreate":1679009659308,"gmtModify":1679009663295,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Good morning&nbsp;","listText":"Good morning&nbsp;","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":25,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943072005","repostId":"2320399013","repostType":2,"repost":{"id":"2320399013","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":1679007262,"share":"https://www.laohu8.com/m/news/2320399013?lang=&edition=full","pubTime":"2023-03-17 06:54","market":"us","language":"en","title":"U.S. Stocks-Wall Street Closes Higher As First Republic Helps Lift Banks","url":"https://stock-news.laohu8.com/highlight/detail?id=2320399013","media":"Reuters","summary":"(Reuters) - A strong rebound by financials helped Wall Street's main indexes close firmly positive o","content":"<html><head></head><body><p>(Reuters) - A strong rebound by financials helped Wall Street&#39;s main indexes close firmly positive on Thursday, after some of the country&#39;s largest lenders came to the rescue of embattled First Republic Bank.</p><p>The technology sector also contributed to the gains, helping to boost the Nasdaq Composite to its strongest performance since Feb. 2, 2022.</p><p>The latest twist in the U.S. regional banks saga came on the heels of a 50 basis point rate hike by the European Central Bank, which earlier in the day had dampened investor sentiment already hurt by fears of a banking crisis.</p><p>Financial institutions, including JP Morgan Chase &amp; Co and Morgan Stanley, confirmed earlier reports they would deposit up to $30 billion into First Republic Bank&#39;s coffers to stabilize the lender.</p><p>&#34;Banks are looking out for one another,&#34; said Huntington Private Bank chief investment officer, John Augustine.</p><p>&#34;We had two outliers go down and now they want to save what is considered a more mainstream bank.&#34;</p><p>Shares of JP Morgan and Morgan Stanley were up 1.94% and 1.89% respectively, while the lifeline buoyed First Republic Bank, which gained 9.98%.</p><p>The positive sentiment spread to other regional lenders, with Alliance Bancorp and <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> advancing 14.09% and 0.7%, respectively, following a negative start.</p><p>The KBW regional banking index gained 3.26%, while the S&amp;P 500 banking index advanced 2.16%, as both sub-indexes reversed losses.</p><p>Concerns about banks have rattled the stock market in recent days after the collapse of SVB Financial fueled contagion fears.</p><p>Meanwhile, U.S. Treasury Secretary Janet Yellen said the U.S. banking system remains sound and Americans can feel confident that their deposits will be there when needed.</p><p>U.S.-listed shares of Credit Suisse advanced after the bank secured a credit line of up to $54 billion from the Swiss National Bank to shore up liquidity and investor confidence.</p><p>The Dow Jones Industrial Average rose 371.98 points, or 1.17%, to 32,246.55, the S&amp;P 500 gained 68.35 points, or 1.76%, to 3,960.28 and the Nasdaq Composite added 283.23 points, or 2.48%, to 11,717.28.</p><p>Data showed the number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to continued labor market strength, which could persuade the Fed to keep raising rates further.</p><p>Weak retail sales figures, as well as data showing a downward trend in producer inflation, on Wednesday had bolstered bets of a small rate hike by the Federal Reserve at its meet concluding on March 22.</p><p>Money markets are still largely pricing in a 25-basis-point rate hike by the Fed at its March 22 policy announcement. .</p><p>Facebook parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> and Snapchat operator <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a> climbed 3.63% and 7.25%, after the U.S. administration threatened to impose a ban on rival TikTok.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.80-to-1 ratio; on Nasdaq, a 1.95-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 4 new 52-week highs and 22 new lows; the Nasdaq Composite recorded 38 new highs and 235 new lows. (Reporting by David Carnevali)</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-Wall Street Closes Higher As First Republic Helps Lift Banks</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-Wall Street Closes Higher As First Republic Helps Lift Banks\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\">2023-03-17 06:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - A strong rebound by financials helped Wall Street&#39;s main indexes close firmly positive on Thursday, after some of the country&#39;s largest lenders came to the rescue of embattled First Republic Bank.</p><p>The technology sector also contributed to the gains, helping to boost the Nasdaq Composite to its strongest performance since Feb. 2, 2022.</p><p>The latest twist in the U.S. regional banks saga came on the heels of a 50 basis point rate hike by the European Central Bank, which earlier in the day had dampened investor sentiment already hurt by fears of a banking crisis.</p><p>Financial institutions, including JP Morgan Chase &amp; Co and Morgan Stanley, confirmed earlier reports they would deposit up to $30 billion into First Republic Bank&#39;s coffers to stabilize the lender.</p><p>&#34;Banks are looking out for one another,&#34; said Huntington Private Bank chief investment officer, John Augustine.</p><p>&#34;We had two outliers go down and now they want to save what is considered a more mainstream bank.&#34;</p><p>Shares of JP Morgan and Morgan Stanley were up 1.94% and 1.89% respectively, while the lifeline buoyed First Republic Bank, which gained 9.98%.</p><p>The positive sentiment spread to other regional lenders, with Alliance Bancorp and <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> advancing 14.09% and 0.7%, respectively, following a negative start.</p><p>The KBW regional banking index gained 3.26%, while the S&amp;P 500 banking index advanced 2.16%, as both sub-indexes reversed losses.</p><p>Concerns about banks have rattled the stock market in recent days after the collapse of SVB Financial fueled contagion fears.</p><p>Meanwhile, U.S. Treasury Secretary Janet Yellen said the U.S. banking system remains sound and Americans can feel confident that their deposits will be there when needed.</p><p>U.S.-listed shares of Credit Suisse advanced after the bank secured a credit line of up to $54 billion from the Swiss National Bank to shore up liquidity and investor confidence.</p><p>The Dow Jones Industrial Average rose 371.98 points, or 1.17%, to 32,246.55, the S&amp;P 500 gained 68.35 points, or 1.76%, to 3,960.28 and the Nasdaq Composite added 283.23 points, or 2.48%, to 11,717.28.</p><p>Data showed the number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to continued labor market strength, which could persuade the Fed to keep raising rates further.</p><p>Weak retail sales figures, as well as data showing a downward trend in producer inflation, on Wednesday had bolstered bets of a small rate hike by the Federal Reserve at its meet concluding on March 22.</p><p>Money markets are still largely pricing in a 25-basis-point rate hike by the Fed at its March 22 policy announcement. .</p><p>Facebook parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> and Snapchat operator <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a> climbed 3.63% and 7.25%, after the U.S. administration threatened to impose a ban on rival TikTok.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.80-to-1 ratio; on Nasdaq, a 1.95-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 4 new 52-week highs and 22 new lows; the Nasdaq Composite recorded 38 new highs and 235 new lows. (Reporting by David Carnevali)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2320399013","content_text":"(Reuters) - A strong rebound by financials helped Wall Street's main indexes close firmly positive on Thursday, after some of the country's largest lenders came to the rescue of embattled First Republic Bank.The technology sector also contributed to the gains, helping to boost the Nasdaq Composite to its strongest performance since Feb. 2, 2022.The latest twist in the U.S. regional banks saga came on the heels of a 50 basis point rate hike by the European Central Bank, which earlier in the day had dampened investor sentiment already hurt by fears of a banking crisis.Financial institutions, including JP Morgan Chase & Co and Morgan Stanley, confirmed earlier reports they would deposit up to $30 billion into First Republic Bank's coffers to stabilize the lender.\"Banks are looking out for one another,\" said Huntington Private Bank chief investment officer, John Augustine.\"We had two outliers go down and now they want to save what is considered a more mainstream bank.\"Shares of JP Morgan and Morgan Stanley were up 1.94% and 1.89% respectively, while the lifeline buoyed First Republic Bank, which gained 9.98%.The positive sentiment spread to other regional lenders, with Alliance Bancorp and PacWest Bancorp advancing 14.09% and 0.7%, respectively, following a negative start.The KBW regional banking index gained 3.26%, while the S&P 500 banking index advanced 2.16%, as both sub-indexes reversed losses.Concerns about banks have rattled the stock market in recent days after the collapse of SVB Financial fueled contagion fears.Meanwhile, U.S. Treasury Secretary Janet Yellen said the U.S. banking system remains sound and Americans can feel confident that their deposits will be there when needed.U.S.-listed shares of Credit Suisse advanced after the bank secured a credit line of up to $54 billion from the Swiss National Bank to shore up liquidity and investor confidence.The Dow Jones Industrial Average rose 371.98 points, or 1.17%, to 32,246.55, the S&P 500 gained 68.35 points, or 1.76%, to 3,960.28 and the Nasdaq Composite added 283.23 points, or 2.48%, to 11,717.28.Data showed the number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to continued labor market strength, which could persuade the Fed to keep raising rates further.Weak retail sales figures, as well as data showing a downward trend in producer inflation, on Wednesday had bolstered bets of a small rate hike by the Federal Reserve at its meet concluding on March 22.Money markets are still largely pricing in a 25-basis-point rate hike by the Fed at its March 22 policy announcement. .Facebook parent Meta Platforms and Snapchat operator Snap Inc climbed 3.63% and 7.25%, after the U.S. administration threatened to impose a ban on rival TikTok.Advancing issues outnumbered declining ones on the NYSE by a 2.80-to-1 ratio; on Nasdaq, a 1.95-to-1 ratio favored advancers.The S&P 500 posted 4 new 52-week highs and 22 new lows; the Nasdaq Composite recorded 38 new highs and 235 new lows. (Reporting by David Carnevali)","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187115555262592,"gmtCreate":1686721791135,"gmtModify":1686721792785,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187115555262592","isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957593613,"gmtCreate":1677371778533,"gmtModify":1677371782358,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Good morning&nbsp;","listText":"Good morning&nbsp;","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":20,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9957593613","repostId":"1117520516","repostType":4,"repost":{"id":"1117520516","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://www.laohu8.com/m/news/1117520516?lang=&edition=full","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":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954886507,"gmtCreate":1676244343110,"gmtModify":1676244349218,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"👋&nbsp;","listText":"👋&nbsp;","text":"👋","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":22,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9954886507","repostId":"2310672034","repostType":4,"repost":{"id":"2310672034","pubTimestamp":1676258937,"share":"https://www.laohu8.com/m/news/2310672034?lang=&edition=full","pubTime":"2023-02-13 11:28","market":"us","language":"en","title":"ChatGPT Sparked an AI Craze. How to Cut Through the Hype","url":"https://stock-news.laohu8.com/highlight/detail?id=2310672034","media":"marketwatch","summary":"It has been more than 70 years since the English computer scientist Alan Turing wrote a landmark pap","content":"<html><head></head><body><p>It has been more than 70 years since the English computer scientist Alan Turing wrote a landmark paper laying out the Turing Test for assessing whether machines can think.</p><p>It turns out that a better question is whether they can sell advertising.</p><p>Over the past two months, Wall Street has become preoccupied with ChatGPT, the now very popular chatbot from start-up OpenAI. ChatGPT launched on Nov. 30 as a free service, and the world has been dazzled by its ability to answer questions and create original materials, generating everything from letters and resumes to computer code and Shakespearean-style sonnets. ChatGPT reached more than 100 million users in January, hitting that milestone even faster than TikTok.</p><p>The viral success has spurred questions across Wall Street about how tech titans would respond.  <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, which made an initial investment in OpenAI in 2019, recently agreed to boost its stake by $10 billion, spurring speculation about how the software giant would fold so-called generative artificial intelligence into its products.</p><p>We got the answer this past week. On Tuesday, Microsoft unveiled a new version of its Bing search engine, infused with natural-language capability from OpenAI. The implications were market-shaking, mostly for Google parent <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a>, which could see its dominance in internet search challenged for the first time in decades.</p><p>“AI will fundamentally change every software category, starting with the largest category of all—search,” Microsoft CEO Satya Nadella said this past week.</p><p>A day before Microsoft’s announcement, Google unveiled its own AI-based chatbot, called Bard. The company also intends to add generative AI functionality to its own core search engine. This past Wednesday, Alphabet hosted a low-key search-related event in Paris to show off AI-related updates to maps, image search, and language translation. But the market came away uninspired.</p><p>Some observers noted a small error in one of the Bard search examples, which had said that the first photograph of an exoplanet was taken by the Webb space telescope. That isn’t accurate. Also noted by many: While Microsoft CEO Nadella led the Bing launch, Alphabet CEO Sundar Pichai didn’t participate in Google’s Paris event. It was, one fund manager said, a Bard bust.</p><p>Analysts and investors spent the rest of the week debating a once impossible idea: that a newly energized Bing, which rolled out in 2009, could shift the balance of power in the internet search market.</p><p>Google currently controls 93% of the search market, versus just 3% for Bing, according to Statcounter. Google, as a result, has near-total domination of search-related advertising. The company is currently fighting a pair of Justice Department lawsuits charging that the company’s search and advertising businesses violate federal antitrust law. The first suit, filed in 2020, focuses specifically on search. It goes to trial later this year. Just a few weeks ago, the government filed a second case, this time related to the online advertising market. Investors appear to be less worried about the litigation, though, than they are about the potential that Google might lose some of its search prowess to an AI-powered version of Bing.</p><h2>AI’s Long History</h2><p>The idea of creating a search engine that works with natural language has been around for decades; it was the goal of search engine Ask Jeeves, founded in 1996, which morphed into Ask.com and is now part of internet holding company IAC(IAC).</p><p>“Ask Jeeves is a provider of natural-language question-answering services on the internet for consumers and companies, establishing a new way to interact with the World Wide Web,” the company said in the prospectus for its 1999 initial public offering.</p><p>Ask Jeeves couldn’t quite deliver, undermined by the early days of internet infrastructure. The company never threatened Google. But computing has changed dramatically over the past 25 years—Microsoft, Google, and others benefit from far more powerful processors and algorithms, new techniques in AI and machine learning, and the vast reach and capabilities of cloud computing.</p><h2>The New AI Portfolio</h2><h3>The arrival of ChatGPT has investors looking for ways to invest in AI. Here are some of the key players.</h3><table><thead><tr><th>Company / Ticker</th><th>Market Value</th><th>YTD Change</th><th>Comment</th></tr></thead><tbody><tr><td>ON THE FRONT LINES</td><td></td><td></td><td></td></tr><tr><td><b>Microsoft / MSFT</b></td><td>$1.96 trillion</td><td>9.9%</td><td>Bing deal with OpenAI shook up the search market.</td></tr><tr><td><b>Alphabet / GOOGL</b></td><td>$1.22</td><td>7.7</td><td>Is adding AI to Search, but faces new threat in Bing.</td></tr><tr><td>THE ARMS DEALERS</td><td></td><td></td><td></td></tr><tr><td><b>Nvidia / NVDA</b></td><td>$549 billion</td><td>52.9%</td><td>Its graphics processors are used in many AI applications.</td></tr><tr><td><b><a href=\"https://laohu8.com/S/ADBE\">Adobe</a> / ADBE</b></td><td>172</td><td>11.7</td><td>Creative-software giant sees boost from generative AI.</td></tr><tr><td><b>Advanced Micro Devices / AMD</b></td><td>134</td><td>28.5</td><td>Launched new AI-focused chip at CES.</td></tr><tr><td><b><a href=\"https://laohu8.com/S/IBM\">IBM</a> / IBM</b></td><td>121</td><td>-5.1</td><td>Remember Watson? IBM is still innovating in AI apps.</td></tr><tr><td>THE SPECULATIVE BETS</td><td></td><td></td><td></td></tr><tr><td><b>C3.ai / AI</b></td><td>$2.5 billion</td><td>101%</td><td>Enterprise AI firm launched ChatGPT-based search app.</td></tr><tr><td><b>SoundHound AI / SOUN</b></td><td>962 million</td><td>126</td><td>Its AI-based voice software is used in cars and restaurants.</td></tr><tr><td><b><a href=\"https://laohu8.com/S/BBAI\">BigBear.ai Holdings</a> / BBAI</b></td><td>682</td><td>682</td><td>Makes AI-based analytics, mostly for DoD and spy agencies.</td></tr><tr><td><b>BuzzFeed / BZFD</b></td><td>235</td><td>145</td><td>News site announced plans to post content created by ChatGPT.</td></tr></tbody></table><p>Source: Bloomberg</p><p>The most important innovation is the development of generative AI built on large language models, algorithms that can summarize, translate, predict, and generate text and other content based on massive sets of data.</p><p>The technology has given Microsoft—at long last—an opportunity to become relevant in the search market.</p><p>On a conference call with analysts following the Bing press event, Microsoft Chief Financial Officer Amy Hood estimated that search advertising accounts for 40% of the $500 billion digital ad market, or about $200 billion. Most of that goes to Alphabet, which reported $163 billion in search advertising last year, roughly 60% of the company’s overall revenue. Microsoft doesn’t break out Bing’s ad revenue, but if you assume it monetizes search at a comparable rate to Google, you’d get single-digit billions.</p><p>On the Microsoft call, Philippe Ockenden, the CFO for its Windows, Devices, and Search business, pointed out that “for every one point of share gain in the search advertising market, it’s a $2 billion revenue opportunity for our advertising business.”</p><p>And that’s what makes Alphabet investors nervous. The stock fell 12% in the days following Microsoft’s announcement, shedding about $160 billion in market value. Alphabet trades at roughly four times next year’s expected sales, so the market’s math suggests $40 billion of high-margin revenue flipping to Bing from Google.</p><p>In short, Wall Street watched the Bing demonstration, listened to the Google event, and concluded that Google finally has a real rival in search.</p><p>Unlike the typical pattern in tech disruption, this isn’t a threat from a feisty start-up. Google is coming under attack from an emboldened version of the world’s largest software company.</p><p>And there is a related problem: While Google is busy fending off Bing, the addition of new AI capabilities could boost the company’s search-related costs while eating into the number of queries that can support ads. “The bigger issue and fear here for Alphabet investors is the potential for rising [capital expenditures] and compute intensity associated with this new vector of search capability,” RBC Capital Markets analyst Brad Erickson wrote in a research note.</p><p>Morgan Stanley analyst Brian Nowak estimates that natural-language queries could be five times more expensive for Google to complete than under its current search model. For every 10% of Google’s search queries that switch to language models, Nowak concludes that the company’s operating expenses increase by $1.2 billion. If 50% of queries end up using natural language, Alphabet’s costs would increase by $6 billion, Nowak calculates, slashing pretax earnings by 6%.</p><h2><b>The Speculative Bets</b></h2><p>Until this past week, most of the AI action was taking place outside the realm of Big Tech, with investors scrambling to find more direct ways to play the theme. The frenzy has driven up prices of small-cap stocks in a way that feels similar to other recent Wall Street manias, from cryptocurrencies and 3-D printing to fake meat and cannabis.</p><p><a href=\"https://laohu8.com/S/AI\">C3.ai</a>, a provider of AI software tools for enterprise applications, has surged 101% this year, aided by the company’s plans to offer a search interface for its software that includes technology from both OpenAI and Google.</p><p><a href=\"https://laohu8.com/S/BZFD\">BuzzFeed</a> shares have rallied 145% this year on news that it plans to use ChatGPT to create content for its website.</p><p><a href=\"https://laohu8.com/S/SOUN\">SoundHound AI</a>, which this past week announced a voice-activated generative AI application for automotive and other end markets, has more than tripled since the ChatGPT launch. <a href=\"https://laohu8.com/S/BBAI\">BigBear.ai Holdings</a>, which makes AI-based analytical tools for U.S. defense and intelligence agencies, has more than quintupled over the same span. Both SoundHound and BigBear have taken advantage of the new interest in their shares by selling more stock.</p><p>Investors should be wary. Work on AI software has been happening for decades. The technology is complex and resource-intensive. In Alphabet’s case, the launch of Bard is part of a yearslong effort. The company bought the London-based AI software company DeepMind in 2014, for a reported $500 million-plus. Google has been including AI and machine learning in many software products for more than two decades. AI shows up in Google Translate, in the company’s core search service, in Google Lens visual search, in Google Maps, and in Gmail, among other places.</p><p>“AI is the most profound technology we are working on today,” Alphabet’s Pichai wrote in his blog post announcing Bard. “It’s critical that we bring experiences rooted in these models to the world in a bold and responsible way,” he added.</p><p>That’s a pretty obvious dig at ChatGPT, which has come under attack for not always delivering accurate information—and for creating opportunities for students of all ages to bypass the time-honored tradition of writing papers and taking tests.</p><h2>The AI Portfolio</h2><p>For investors, there are other AI plays to consider that don’t involve the risk of speculative small-caps. <a href=\"https://laohu8.com/S/IBM\">IBM</a> cites AI as one of the company’s two main priorities, along with hybrid cloud software. Remember when the IBM Watson mainframe took on human contestants in <i>Jeopardy</i>? That was in 2010. Big Blue has no intention to start a search engine or create consumer-facing chat apps, but the company is pushing to make artificial intelligence and machine learning ubiquitous elements of enterprise computing.</p><p>Sriram Raghavan, an IBM vice president who runs AI research across the company’s research labs, says the company has been developing “foundation models,” an approach that applies AI across industry-specific applications. In effect, IBM is applying the same kind of technology used to create large-language models found in chatbots to other realms, like writing code, analyzing geospatial data, molecular discovery, and business automation.</p><p>The complexity of AI will also boost demand for cloud-computing hardware, and the chips that power them. David Readerman, who runs a Bay Area hedge fund called Endurance Capital Partners, thinks          Nvidia        (         NVDA       ) is the best AI play—his guess is that 75% of AI workloads will be on servers using Nvidia’s graphics processors.</p><p>The AI trend should also benefit          Advanced Micro Devices        (         AMD       ). In a keynote address at the CES trade show in January, AMD CEO Lisa Su stood in front of a large screen that declared “AI is the defining megatrend in technology.”</p><p>“AI has been around for quite some time,” Su said in an interview with <i>Barron’s</i> last month, “but we’re at an inflection point, touching all of our technologies, from chips for consumer devices up to the largest chips we build for data centers. You need AI capability in every one of those devices.”</p><p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a>, which dominates the market for creativity tools like InDesign, Photoshop, and Illustrator, sees the trend toward generative AI—which includes images as well as text—expanding its market as more people become creators. “We’re in a golden age of content creation, and generative AI will only accelerate that,” Adobe CFO Dan Durn recently told <i>Barron’s</i>.</p><p>Meanwhile, Facebook parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> has promised to roll out generative AI tools of its own later this year.</p><p>“AI is the foundation of our discovery engine and our ads business, and we also think it’s going to enable many new products and additional transformations within our apps,” Meta CEO Mark Zuckerberg said on the company’s fourth-quarter earnings call. “Generative AI is an extremely exciting new area…and one of my goals for Meta is to build on our research to become a leader in generative AI in addition to our leading work in recommendation AI.”</p><p>But that all looks small in comparison to the suddenly competitive market for internet search.</p><p>“Bing is better than Google search,” D.A. Davidson analyst Gil Luria wrote in a research note this past week—words few on Wall Street likely ever expected to hear.</p><p>Luria reiterated his Buy rating on Microsoft stock while boosting his target price to $325, from $280, suggesting upside of 25% from Microsoft’s recent close. “We believe consumers will be impressed,” he wrote after Bing’s recent demonstrations. “[T]he added capabilities made possible by the OpenAI integration make these tools considerably more useful, and we’re impressed by the sleek integration.” He sees a potential for “permanent share shift” in search.</p><p>Longtime internet analyst Mark Mahaney, now at Evecore ISI, maintains his Outperform rating on Alphabet shares, but nonetheless concedes that the search market has entered a new phase. “At the margin, there is no question that Microsoft’s aggressive move into Generative AI and its cadence of product development has presented a real risk to Google’s market position,” he recently wrote.</p><p>The AI frenzy comes at a notable time for tech companies, which saw their stocks tumble in 2022. Growth has slowed, the market for IPOs has all but disappeared, and regulatory scrutiny is mounting. The tech sector could use a shot in the arm—AI may be about to deliver it.</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>ChatGPT Sparked an AI Craze. How to Cut Through the Hype</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\">\nChatGPT Sparked an AI Craze. How to Cut Through the Hype\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-13 11:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/chatgpt-ai-invest-8aff5248?mod=newsviewer_click><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has been more than 70 years since the English computer scientist Alan Turing wrote a landmark paper laying out the Turing Test for assessing whether machines can think.It turns out that a better ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/chatgpt-ai-invest-8aff5248?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":{"BK4587":"ChatGPT概念","AI":"C3.ai, Inc.","BK4551":"寇图资本持仓","BK4543":"AI","BK4528":"SaaS概念","BK4023":"应用软件"},"source_url":"https://www.marketwatch.com/articles/chatgpt-ai-invest-8aff5248?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2310672034","content_text":"It has been more than 70 years since the English computer scientist Alan Turing wrote a landmark paper laying out the Turing Test for assessing whether machines can think.It turns out that a better question is whether they can sell advertising.Over the past two months, Wall Street has become preoccupied with ChatGPT, the now very popular chatbot from start-up OpenAI. ChatGPT launched on Nov. 30 as a free service, and the world has been dazzled by its ability to answer questions and create original materials, generating everything from letters and resumes to computer code and Shakespearean-style sonnets. ChatGPT reached more than 100 million users in January, hitting that milestone even faster than TikTok.The viral success has spurred questions across Wall Street about how tech titans would respond.  Microsoft, which made an initial investment in OpenAI in 2019, recently agreed to boost its stake by $10 billion, spurring speculation about how the software giant would fold so-called generative artificial intelligence into its products.We got the answer this past week. On Tuesday, Microsoft unveiled a new version of its Bing search engine, infused with natural-language capability from OpenAI. The implications were market-shaking, mostly for Google parent Alphabet, which could see its dominance in internet search challenged for the first time in decades.“AI will fundamentally change every software category, starting with the largest category of all—search,” Microsoft CEO Satya Nadella said this past week.A day before Microsoft’s announcement, Google unveiled its own AI-based chatbot, called Bard. The company also intends to add generative AI functionality to its own core search engine. This past Wednesday, Alphabet hosted a low-key search-related event in Paris to show off AI-related updates to maps, image search, and language translation. But the market came away uninspired.Some observers noted a small error in one of the Bard search examples, which had said that the first photograph of an exoplanet was taken by the Webb space telescope. That isn’t accurate. Also noted by many: While Microsoft CEO Nadella led the Bing launch, Alphabet CEO Sundar Pichai didn’t participate in Google’s Paris event. It was, one fund manager said, a Bard bust.Analysts and investors spent the rest of the week debating a once impossible idea: that a newly energized Bing, which rolled out in 2009, could shift the balance of power in the internet search market.Google currently controls 93% of the search market, versus just 3% for Bing, according to Statcounter. Google, as a result, has near-total domination of search-related advertising. The company is currently fighting a pair of Justice Department lawsuits charging that the company’s search and advertising businesses violate federal antitrust law. The first suit, filed in 2020, focuses specifically on search. It goes to trial later this year. Just a few weeks ago, the government filed a second case, this time related to the online advertising market. Investors appear to be less worried about the litigation, though, than they are about the potential that Google might lose some of its search prowess to an AI-powered version of Bing.AI’s Long HistoryThe idea of creating a search engine that works with natural language has been around for decades; it was the goal of search engine Ask Jeeves, founded in 1996, which morphed into Ask.com and is now part of internet holding company IAC(IAC).“Ask Jeeves is a provider of natural-language question-answering services on the internet for consumers and companies, establishing a new way to interact with the World Wide Web,” the company said in the prospectus for its 1999 initial public offering.Ask Jeeves couldn’t quite deliver, undermined by the early days of internet infrastructure. The company never threatened Google. But computing has changed dramatically over the past 25 years—Microsoft, Google, and others benefit from far more powerful processors and algorithms, new techniques in AI and machine learning, and the vast reach and capabilities of cloud computing.The New AI PortfolioThe arrival of ChatGPT has investors looking for ways to invest in AI. Here are some of the key players.Company / TickerMarket ValueYTD ChangeCommentON THE FRONT LINESMicrosoft / MSFT$1.96 trillion9.9%Bing deal with OpenAI shook up the search market.Alphabet / GOOGL$1.227.7Is adding AI to Search, but faces new threat in Bing.THE ARMS DEALERSNvidia / NVDA$549 billion52.9%Its graphics processors are used in many AI applications.Adobe / ADBE17211.7Creative-software giant sees boost from generative AI.Advanced Micro Devices / AMD13428.5Launched new AI-focused chip at CES.IBM / IBM121-5.1Remember Watson? IBM is still innovating in AI apps.THE SPECULATIVE BETSC3.ai / AI$2.5 billion101%Enterprise AI firm launched ChatGPT-based search app.SoundHound AI / SOUN962 million126Its AI-based voice software is used in cars and restaurants.BigBear.ai Holdings / BBAI682682Makes AI-based analytics, mostly for DoD and spy agencies.BuzzFeed / BZFD235145News site announced plans to post content created by ChatGPT.Source: BloombergThe most important innovation is the development of generative AI built on large language models, algorithms that can summarize, translate, predict, and generate text and other content based on massive sets of data.The technology has given Microsoft—at long last—an opportunity to become relevant in the search market.On a conference call with analysts following the Bing press event, Microsoft Chief Financial Officer Amy Hood estimated that search advertising accounts for 40% of the $500 billion digital ad market, or about $200 billion. Most of that goes to Alphabet, which reported $163 billion in search advertising last year, roughly 60% of the company’s overall revenue. Microsoft doesn’t break out Bing’s ad revenue, but if you assume it monetizes search at a comparable rate to Google, you’d get single-digit billions.On the Microsoft call, Philippe Ockenden, the CFO for its Windows, Devices, and Search business, pointed out that “for every one point of share gain in the search advertising market, it’s a $2 billion revenue opportunity for our advertising business.”And that’s what makes Alphabet investors nervous. The stock fell 12% in the days following Microsoft’s announcement, shedding about $160 billion in market value. Alphabet trades at roughly four times next year’s expected sales, so the market’s math suggests $40 billion of high-margin revenue flipping to Bing from Google.In short, Wall Street watched the Bing demonstration, listened to the Google event, and concluded that Google finally has a real rival in search.Unlike the typical pattern in tech disruption, this isn’t a threat from a feisty start-up. Google is coming under attack from an emboldened version of the world’s largest software company.And there is a related problem: While Google is busy fending off Bing, the addition of new AI capabilities could boost the company’s search-related costs while eating into the number of queries that can support ads. “The bigger issue and fear here for Alphabet investors is the potential for rising [capital expenditures] and compute intensity associated with this new vector of search capability,” RBC Capital Markets analyst Brad Erickson wrote in a research note.Morgan Stanley analyst Brian Nowak estimates that natural-language queries could be five times more expensive for Google to complete than under its current search model. For every 10% of Google’s search queries that switch to language models, Nowak concludes that the company’s operating expenses increase by $1.2 billion. If 50% of queries end up using natural language, Alphabet’s costs would increase by $6 billion, Nowak calculates, slashing pretax earnings by 6%.The Speculative BetsUntil this past week, most of the AI action was taking place outside the realm of Big Tech, with investors scrambling to find more direct ways to play the theme. The frenzy has driven up prices of small-cap stocks in a way that feels similar to other recent Wall Street manias, from cryptocurrencies and 3-D printing to fake meat and cannabis.C3.ai, a provider of AI software tools for enterprise applications, has surged 101% this year, aided by the company’s plans to offer a search interface for its software that includes technology from both OpenAI and Google.BuzzFeed shares have rallied 145% this year on news that it plans to use ChatGPT to create content for its website.SoundHound AI, which this past week announced a voice-activated generative AI application for automotive and other end markets, has more than tripled since the ChatGPT launch. BigBear.ai Holdings, which makes AI-based analytical tools for U.S. defense and intelligence agencies, has more than quintupled over the same span. Both SoundHound and BigBear have taken advantage of the new interest in their shares by selling more stock.Investors should be wary. Work on AI software has been happening for decades. The technology is complex and resource-intensive. In Alphabet’s case, the launch of Bard is part of a yearslong effort. The company bought the London-based AI software company DeepMind in 2014, for a reported $500 million-plus. Google has been including AI and machine learning in many software products for more than two decades. AI shows up in Google Translate, in the company’s core search service, in Google Lens visual search, in Google Maps, and in Gmail, among other places.“AI is the most profound technology we are working on today,” Alphabet’s Pichai wrote in his blog post announcing Bard. “It’s critical that we bring experiences rooted in these models to the world in a bold and responsible way,” he added.That’s a pretty obvious dig at ChatGPT, which has come under attack for not always delivering accurate information—and for creating opportunities for students of all ages to bypass the time-honored tradition of writing papers and taking tests.The AI PortfolioFor investors, there are other AI plays to consider that don’t involve the risk of speculative small-caps. IBM cites AI as one of the company’s two main priorities, along with hybrid cloud software. Remember when the IBM Watson mainframe took on human contestants in Jeopardy? That was in 2010. Big Blue has no intention to start a search engine or create consumer-facing chat apps, but the company is pushing to make artificial intelligence and machine learning ubiquitous elements of enterprise computing.Sriram Raghavan, an IBM vice president who runs AI research across the company’s research labs, says the company has been developing “foundation models,” an approach that applies AI across industry-specific applications. In effect, IBM is applying the same kind of technology used to create large-language models found in chatbots to other realms, like writing code, analyzing geospatial data, molecular discovery, and business automation.The complexity of AI will also boost demand for cloud-computing hardware, and the chips that power them. David Readerman, who runs a Bay Area hedge fund called Endurance Capital Partners, thinks          Nvidia        (         NVDA       ) is the best AI play—his guess is that 75% of AI workloads will be on servers using Nvidia’s graphics processors.The AI trend should also benefit          Advanced Micro Devices        (         AMD       ). In a keynote address at the CES trade show in January, AMD CEO Lisa Su stood in front of a large screen that declared “AI is the defining megatrend in technology.”“AI has been around for quite some time,” Su said in an interview with Barron’s last month, “but we’re at an inflection point, touching all of our technologies, from chips for consumer devices up to the largest chips we build for data centers. You need AI capability in every one of those devices.”Adobe, which dominates the market for creativity tools like InDesign, Photoshop, and Illustrator, sees the trend toward generative AI—which includes images as well as text—expanding its market as more people become creators. “We’re in a golden age of content creation, and generative AI will only accelerate that,” Adobe CFO Dan Durn recently told Barron’s.Meanwhile, Facebook parent Meta Platforms has promised to roll out generative AI tools of its own later this year.“AI is the foundation of our discovery engine and our ads business, and we also think it’s going to enable many new products and additional transformations within our apps,” Meta CEO Mark Zuckerberg said on the company’s fourth-quarter earnings call. “Generative AI is an extremely exciting new area…and one of my goals for Meta is to build on our research to become a leader in generative AI in addition to our leading work in recommendation AI.”But that all looks small in comparison to the suddenly competitive market for internet search.“Bing is better than Google search,” D.A. Davidson analyst Gil Luria wrote in a research note this past week—words few on Wall Street likely ever expected to hear.Luria reiterated his Buy rating on Microsoft stock while boosting his target price to $325, from $280, suggesting upside of 25% from Microsoft’s recent close. “We believe consumers will be impressed,” he wrote after Bing’s recent demonstrations. “[T]he added capabilities made possible by the OpenAI integration make these tools considerably more useful, and we’re impressed by the sleek integration.” He sees a potential for “permanent share shift” in search.Longtime internet analyst Mark Mahaney, now at Evecore ISI, maintains his Outperform rating on Alphabet shares, but nonetheless concedes that the search market has entered a new phase. “At the margin, there is no question that Microsoft’s aggressive move into Generative AI and its cadence of product development has presented a real risk to Google’s market position,” he recently wrote.The AI frenzy comes at a notable time for tech companies, which saw their stocks tumble in 2022. Growth has slowed, the market for IPOs has all but disappeared, and regulatory scrutiny is mounting. The tech sector could use a shot in the arm—AI may be about to deliver it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187115065479312,"gmtCreate":1686721808599,"gmtModify":1686721811318,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/S58.SI\">$SATS LTD.(S58.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/S58.SI\">$SATS LTD.(S58.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$SATS LTD.(S58.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187115065479312","isVote":1,"tweetType":1,"viewCount":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185618864312448,"gmtCreate":1686356388071,"gmtModify":1686356393730,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Good morning.","listText":"Good morning.","text":"Good morning.","images":[{"img":"https://community-static.tradeup.com/news/c326af6c1bb58d160610085658716709","width":"927","height":"1538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185618864312448","isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9954754587,"gmtCreate":1676678027850,"gmtModify":1676678033176,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Good morning&nbsp;","listText":"Good morning&nbsp;","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":20,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9954754587","repostId":"2312260928","repostType":4,"repost":{"id":"2312260928","pubTimestamp":1676677225,"share":"https://www.laohu8.com/m/news/2312260928?lang=&edition=full","pubTime":"2023-02-18 07:40","market":"us","language":"en","title":"US STOCKS-S&P 500 Ends Down As Investors Fret About Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=2312260928","media":"Reuters","summary":"The S&P 500 ended lower on Friday, weighed down by Microsoft and Nvidia as investors worried that in","content":"<html><head></head><body><p>The S&amp;P 500 ended lower on Friday, weighed down by Microsoft and Nvidia as investors worried that inflation and a strong U.S. economy could put the Federal Reserve on pace for more interest rate hikes.</p><p>The see-saw session on Wall Street followed economic data this week that pointed to elevated inflation, a tight job market and resilience in consumer spending, giving the Fed more room for to raise borrowing costs.</p><p>Goldman Sachs and Bank of America forecast three more rate hikes this year and by a quarter of a percentage point each, up from their previous estimate of two rate rises.</p><p>Traders are expecting at least two more rate increases and see the Fed rate peaking at 5.3% by July as central bank attempts to cool the economy and reduce inflation.</p><p>&#34;A dark cloud has drifted over the stock market in the last two weeks based on a higher watermark for the Fed funds rate,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.</p><p>&#34;The jobs numbers aren&#39;t getting weaker, and it&#39;s hard to go into a recession with a strong labor market at the same time. That means the Fed could push the button and move rates higher,&#34; Dollarhide said.</p><p>Microsoft Corp fell 1.6% and Nvidia dipped 2.8%, both weighing on the S&amp;P 500 as the yield on 10-year Treasury notes hit a three-month high.</p><p>The CBOE Volatility index, also known as Wall Street&#39;s fear gauge, traded above 20 points for a second session in a row.</p><p>Of the 11 S&amp;P 500 sector indexes, six rose, led by consumer staples, up 1.29%, followed by a 1% gain in Utilities. Energy dropped 3.65%, with Exxon Mobil losing 3.8%.</p><p>The S&amp;P 500 declined 0.28% to end the session at 4,079.09 points. The Nasdaq fell 0.58% to 11,787.27 points, while Dow Jones Industrial Average rose 0.39% to 33,826.69 points.</p><p>For the week, the S&amp;P 500 fell 0.3%, the Dow lost 0.1% and the Nasdaq climbed 0.6%.</p><p>The S&amp;P 500 has gained about 6% so far in 2023, while the Nasdaq has rebounded about 13% following deep losses last year.</p><p>Adding to recent worries about monetary policy, Fed Governor Michelle Bowman said the central bank will need to keep raising interest rates until it makes much more progress tackling inflation. Richmond Fed President Thomas Barkin said the central bank still needs to raise interest rates, but that it could stick with quarter-point increases.</p><p>Moderna Inc fell 3.3% after its experimental messenger RNA-based influenza vaccine delivered mixed results in a study.</p><p>Deere &amp; Co surged 7.5% after the world&#39;s largest farm equipment maker raised its annual profit and beat quarterly earnings expectations.</p><p>Lithium miners Livent Corp, Albemarle Corp and <a href=\"https://laohu8.com/S/PLL.AU\">Piedmont Lithium</a> Inc slumped between 10% and 12% due to concerns about weakness in Chinese prices for the EV battery metal.</p><p>The most traded company in the S&amp;P 500 was Tesla Inc, with $42.9 billion worth of shares exchanged during the session. The shares rose 3.10%.</p><p>U.S. stock markets will be closed on Monday on account of Presidents&#39; Day.</p><p>Advancing issues outnumbered falling ones within the S&amp;P 500 by a 1.1-to-one ratio.</p><p>The S&amp;P 500 posted eight new highs and one new low; the Nasdaq recorded 75 new highs and 68 new lows.</p><p>Volume on U.S. exchanges was relatively light, with 10.6 billion shares traded, compared with an average of 11.7 billion shares over the previous 20 sessions.</p></body></html>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P 500 Ends Down As Investors Fret About Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-S&P 500 Ends Down As Investors Fret About Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-p-500-ends-212103233.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 ended lower on Friday, weighed down by Microsoft and Nvidia as investors worried that inflation and a strong U.S. economy could put the Federal Reserve on pace for more interest rate hikes...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-p-500-ends-212103233.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/us-stocks-p-500-ends-212103233.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2312260928","content_text":"The S&P 500 ended lower on Friday, weighed down by Microsoft and Nvidia as investors worried that inflation and a strong U.S. economy could put the Federal Reserve on pace for more interest rate hikes.The see-saw session on Wall Street followed economic data this week that pointed to elevated inflation, a tight job market and resilience in consumer spending, giving the Fed more room for to raise borrowing costs.Goldman Sachs and Bank of America forecast three more rate hikes this year and by a quarter of a percentage point each, up from their previous estimate of two rate rises.Traders are expecting at least two more rate increases and see the Fed rate peaking at 5.3% by July as central bank attempts to cool the economy and reduce inflation.\"A dark cloud has drifted over the stock market in the last two weeks based on a higher watermark for the Fed funds rate,\" said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.\"The jobs numbers aren't getting weaker, and it's hard to go into a recession with a strong labor market at the same time. That means the Fed could push the button and move rates higher,\" Dollarhide said.Microsoft Corp fell 1.6% and Nvidia dipped 2.8%, both weighing on the S&P 500 as the yield on 10-year Treasury notes hit a three-month high.The CBOE Volatility index, also known as Wall Street's fear gauge, traded above 20 points for a second session in a row.Of the 11 S&P 500 sector indexes, six rose, led by consumer staples, up 1.29%, followed by a 1% gain in Utilities. Energy dropped 3.65%, with Exxon Mobil losing 3.8%.The S&P 500 declined 0.28% to end the session at 4,079.09 points. The Nasdaq fell 0.58% to 11,787.27 points, while Dow Jones Industrial Average rose 0.39% to 33,826.69 points.For the week, the S&P 500 fell 0.3%, the Dow lost 0.1% and the Nasdaq climbed 0.6%.The S&P 500 has gained about 6% so far in 2023, while the Nasdaq has rebounded about 13% following deep losses last year.Adding to recent worries about monetary policy, Fed Governor Michelle Bowman said the central bank will need to keep raising interest rates until it makes much more progress tackling inflation. Richmond Fed President Thomas Barkin said the central bank still needs to raise interest rates, but that it could stick with quarter-point increases.Moderna Inc fell 3.3% after its experimental messenger RNA-based influenza vaccine delivered mixed results in a study.Deere & Co surged 7.5% after the world's largest farm equipment maker raised its annual profit and beat quarterly earnings expectations.Lithium miners Livent Corp, Albemarle Corp and Piedmont Lithium Inc slumped between 10% and 12% due to concerns about weakness in Chinese prices for the EV battery metal.The most traded company in the S&P 500 was Tesla Inc, with $42.9 billion worth of shares exchanged during the session. The shares rose 3.10%.U.S. stock markets will be closed on Monday on account of Presidents' Day.Advancing issues outnumbered falling ones within the S&P 500 by a 1.1-to-one ratio.The S&P 500 posted eight new highs and one new low; the Nasdaq recorded 75 new highs and 68 new lows.Volume on U.S. exchanges was relatively light, with 10.6 billion shares traded, compared with an average of 11.7 billion shares over the previous 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197789943767200,"gmtCreate":1689322737946,"gmtModify":1689322744047,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"Tiger, Thanks you.","listText":"Tiger, Thanks you.","text":"Tiger, Thanks you.","images":[{"img":"https://community-static.tradeup.com/news/2da0f64cd8dc51cdb6d93e920c64b4de","width":"1125","height":"1476"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197789943767200","isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}